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Welcome to The Cybersecurity 202! The filmmaker Orson Welles would have turned 107 today. Check out this great Dick Cavett interview where he talks about crossing paths with Churchill and Hitler in his youth.
The Colonial Pipeline attack stirred the government to more action over the past year
The Colonial Pipeline ransomware attack, which took place one year ago tomorrow, is a strong contender for the most consequential cyberattack in history.
It marked a seismic shift in which a cyberattack had real-world implications for tens of thousands of average Americans who spent hours in gas lines and fretted about price surges and being unable to fill their tanks.
The attack by the DarkSide cybercriminal gang — and Colonial’s decision to shut down operations for five days while the company recovered — gained an unprecedented amount of public attention.
Previous hacks had sent shock waves through the White House and Pentagon and sent corporate executives scrambling to limit their legal liability and reputational damage. But none had produced so much popular awareness and anxiety.
Justin Fier, director of cyber intelligence and analytics at the cybersecurity firm Darktrace, was in the thick of it:
Not the type of anniversary we like celebrating. As someone that sat on gas lines a year ago and rationed the fuel in our family cars I hope to never celebrate this again.#cybersecurity #ics #criticalinfrastructure @washingtonpost https://t.co/dLkm8eqWZd
— Justin Fier (@JustinFier) May 5, 2022
The government response was also unprecedented.
- The attack — along with other ransomware strikes against the meat processor JBS and the IT provider Kaseya — prompted a diplomatic confrontation between President Biden and Russian President Vladimir Putin during a Geneva Summit. Biden demanded that Putin prevent Russia-based cybercriminals from targeting U.S. critical infrastructure including pipelines, energy and financial firms — a move U.S. officials had not taken six months earlier when the Kremlin hacked into a slew of U.S. government agencies.
- The attack also arguably led directly to congressional passage of the most substantial cyber requirements for critical infrastructure firms in history — obligating them to alert the government within three days if they’re hacked and within one day if they pay a ransom to hackers.
- The top U.S. pipeline regulator proposed a roughly $1 million fine for Colonial’s safety violations yesterday, Reuters reports.
Tony Anscombe, chief security evangelist at the cyber firm ESET:
Without the lines at gas stations politicians may not have been as decisive with some of the legislation now in place or in https://t.co/2eHgoiNyTI moved it from conversation to action. There is much more to do though, and we should not wait for incidents to progress further.
— Tony Anscombe (@TonyAtESET) May 5, 2022
I asked cyber pros on Twitter for other big takeaways on the Colonial Pipeline anniversary. Here’s what they said:
Giving cybercriminals their due: Nation states including Russia, China, Iran and North Korea traditionally dominated U.S. officials’ list of cyberthreats. But Colonial showed that criminal hackers can be just as disruptive.
Brett Callow, threat analyst at the cybersecurity firm Emsisoft:
The fact that low-level criminal extortionists - not actors backed by a hostile state - were able to cause such chaos highlighted not only the fragility of our critical infrastructure, but also the need to do more to directly combat the ransomware problem.
— Brett Callow (@BrettCallow) May 5, 2022
Andrew Thompson, senior manager at the cybersecurity firm Mandiant:
While commentary about disruptive cyber criminals posing a national security threat predates that attack, it certainly drove the point home. Today, it's slightly less controversial to suggest it's acceptable to use the military and intelligence apparatus to target criminals.
— Andrew Thompson 🇺🇦 🌻 🇺🇸 (@ImposeCost) May 5, 2022
Security researcher Kevin Beaumont:
The world is very vulnerable as cyber defence isn't where it needs to be globally, sadly. And criminal groups will continue to drive cybersecurity market, as they are monetising that.
— Kevin Beaumont (@GossiTheDog) May 5, 2022
No more foot dragging: Congress had held plenty of hearings about the ransomware threat and made plenty of statements, but it had done comparatively little at that point to raise potential victims’ cyberdefenses. Now they’re starting to move.
Megan Stifel, chief strategy officer for the Institute for Security and Technology and a former White House cyber official:
Just reflecting that one year ago today - 2 days prior to Colonial - the House Committee on Homeland Security held a hearing on #ransomware https://t.co/f3ND65lPmR
— Megan Stifel - Pls 😷& get boosted 🌻 (@MeganStifel) May 5, 2022
Imagine if...
Everyone knows someone: Part of the power of the Colonial Pipeline attack was that everyone knew someone who’d been affected by it. Or they knew someone who knew someone.
Charles Henderson, head of IBM’s X-Force threat management team, compared it to the “Six Degrees of Kevin Bacon.”
If Kevin Bacon taught us anything, it’s that we’re more interconnected than we think. Colonial Pipeline showed everyone that six degrees is more like two when it comes to the impact threat actors have on our physical world. Add in JBS Meats and you have a big reality sandwich.
— Charles Henderson (@angus_tx) May 5, 2022
The Swift on Security cyber parody account put it more succinctly:
The internet is real life
— SwiftOnSecurity (@SwiftOnSecurity) May 5, 2022
Show me which hacks a nation freaks out about and I’ll show you its values: Ransomware had been hitting schools and hospitals for years, disrupting American lives on a more micro scale. Some found it galling that it took a hack affecting gas supplies to rock the American consciousness.
Selena Larson, senior threat intelligence analyst at the cybersecurity firm Proofpoint:
I remain disappointed that after YEARS of targeting schools, hospitals, and state/local governments, it was really an oil and gas company getting hit that made people realize ransomware was a national security risk. https://t.co/ftd77L0pze
— Selena (@selenalarson) May 5, 2022
Opening the door to regulations: The government has imposed basic cyber standards on pipelines and a handful of other industries where it has regulatory authority during the past year — a move that would have seemed highly unlikely before Colonial.
“Post-Colonial, we saw dramatic calls for regulation,” Brian Harrell, former assistant director for infrastructure security at the Cybersecurity and Infrastructure Security Agency, told me by direct message. “While mandatory standards are helpful, they are only one tool in the toolbox. Compliance checklists, with minimum baseline standards, will not stop a sophisticated cyberattack by a determined nation state adversary.”
The power of extortion: DarkSide is among a number of ransomware groups that didn’t just lock up a company’s data and demand payment to unlock it, but also threatened to leak the victim’s sensitive data to compel them to pay up. That has proved a useful strategy in the year since Colonial.
Adam Meyers, senior vice president of intelligence at the cybersecurity firm CrowdStrike:
The threat landscape has changed - in the last year there have been a series of disruptions that have impacted individual groups, but the broader shift has been towards data extortion.
— adam_cyber (@Adam_Cyber) May 5, 2022
Many companies have matured their ransomware playbook and are increasingly saying no to paying to decrypt data. When data is extorted under threat of leak this calculus changes. Regulatory/legal impact of data leaks is expensive and the extortion demand surely pales in comparison
— adam_cyber (@Adam_Cyber) May 5, 2022
Law enforcement punching back: One big post-Colonial development came from the Justice Department, which cracked into the criminals’ bitcoin wallet and recovered $2.3 million – that was the bitcoin equivalent of the $4.3 million ransom that Colonial Pipeline paid because the value of bitcoin dropped substantially during the interim.
Allan Liska, principal threat adviser at Recorded Future:
This is a really good thread. I’ll add two comments:
— Allan “Ransomware Sommelier🍷” Liska (@uuallan) May 6, 2022
1. We learned that, despite what they may think, ransomware groups headquartered in Russia are not “untouchable.”
2. Sometimes the panic from an attack is significantly worse than the attack itself. https://t.co/3193rOQITz
Fewer walls in security: The Colonial Pipeline hackers never actually reached the operational technology systems that send oil through the pipelines. But they caused so much panic by locking up the information technology systems that run the company’s computer systems that operators shut down the pipeline anyway. One big lesson is that the cyber folks and the operational folks need to be in better contact to understand the risks of such an attack.
Harvard University professor and Obama administration Department of Homeland Security official Juliette Kayyem:
The distinction between cybersecurity and physical security is a myth; the bifurcation of CSO and CISO is harmful; colonial had no response plan but an on/off switch which is not sophisticated. Thnx for reminder. From THE DEVIL NEVER SLEEPS @public_affairs. pic.twitter.com/XJzteFmQ3I
— Juliette Kayyem (@juliettekayyem) May 5, 2022
Not much: One common response was that the nation actually learned comparatively little from Colonial and that developments in the past year haven’t remote equaled the scale of the threat.
Ronnie Tokazowski, principal threat adviser at Cofense:
I really wish I could say "we learned our lessons and made things better" but if I'm being honest for 30 seconds that would be a total lie. The unfortunate truth is that breaches still happen based on simple problems from decades ago.
— Ronnie Tokazowski - Be Awesome to Each Other! (@iHeartMalware) May 6, 2022
The keys
Spanish intelligence chief acknowledges Spain targeted 18 supporters of Catalan independence with spyware
The spy agency got court orders to spy on politician Pere Aragonès, now president of Spain’s autonomous Catalonia region, and 17 other supporters of Catalan independence, El País’s Miguel Gonzalez, Xose Hermida and Javier Casqueiro report.
- The 17 other targets all had alleged links to a protest group that called for shutting down Barcelona’s airport in 2019 to support Catalonian self-determination, Spanish spy chief Paz Esteban told Spanish lawmakers in a closed-door hearing.
- Esteban showed the lawmakers the court orders that her agency got to use Pegasus on the victims, Hermida and Casqueiro report.
- Aragonès is demanding that the orders be immediately declassified.
Spanish politicians were also hacked. Spanish officials have found traces of Pegasus on a device belonging to Interior Minister Fernando Grande-Marlaska, El País reported. If analysts find that Grande-Marlaska was hacked with Pegasus, he would be the third confirmed Spanish Cabinet-level official to be hacked.
It’s not clear who was behind the string of hacks on Spanish officials, but they came amid a diplomatic spat between Spain and Morocco, which has been accused of using Pegasus. Morocco has denied acquiring the spyware.
NATO cyberdefense hub adds three new members amid Russia threat
South Korea’s spy agency says participating in the transatlantic alliance’s cyberdefense center will help it level up its ability to respond to cyberattacks, the Yonhap News Agency reports. It’s the latest enlargement for the Cooperative Cyber Defence Centre of Excellence (CCDCOE), which also welcomed Canada and Luxembourg as new members.
Ukraine also recently joined. In March, the country became a “contributing participant.” Its participation “could bring valuable firsthand knowledge of several adversaries within the cyber domain to be used for research, exercises and training,” CCDCOE’s director, Col. Jaak Tarien, said at the time.
CCDCOE is staffed and funded by its members. While it’s not an “operational unit belonging to the NATO Command Structure,” it’s part of a network of NATO-accredited centers of excellence, CCDCOE says.
Russian use of online anonymization tools has skyrocketed
Russians have been turning in droves to virtual private networks, which let them get around Russian government censors and surveillance, Anthony Faiola reports.
“Since the war began in February, VPNs have been downloaded in Russia by the hundreds of thousands a day — a massive surge in demand that represents a direct challenge to President Vladimir Putin’s attempt to seal Russians off from the wider world,” Anthony writes. “By protecting the locations and identities of users, VPNs are now granting millions of Russians access to blocked material.”
Government scan
CISA's got two factors to paradise
The agency is “beginning a month-long mission to rock the message that multifactor authentication keeps you more secure,” CISA Director Jen Easterly announced in a rock music reference-rich blog post. “It’s like More Than a Feeling, but instead it’s More Than a Password!” the agency says of the system for using a texted code, fingerprint or other identifying feature along with a password to access websites and data.
Privacy patch
Global cyberspace
National security watch
On the move
- Matt Hayden has joined General Dynamics Information Technology as vice president of cyber client engagement. Hayden previously worked at Exiger, the Department of Homeland Security and CISA.
Daybook
- Director of National Intelligence Avril Haines and Scott Berrier, who leads the Defense Intelligence Agency, testify on worldwide threats at a Senate Armed Services Committee hearing on Tuesday at 9:30 a.m.
- A House Science Committee panel holds a hearing on open-source software cybersecurity Wednesday at 10 a.m.
Secure log off
Today’s first @washingtonpost TikTok is freemium https://t.co/WTVnbjGKlW pic.twitter.com/x6MhSLJcya
— Washington Post TikTok Guy 🫠 (@davejorgenson) May 5, 2022
Thanks for reading. See you Monday. | https://www.washingtonpost.com/politics/2022/05/06/one-year-ago-colonial-pipeline-changed-cyber-landscape-forever/ | 2022-05-06T11:57:28Z | https://www.washingtonpost.com/politics/2022/05/06/one-year-ago-colonial-pipeline-changed-cyber-landscape-forever/ | false | 1 |
BALTIMORE (AP) — Minnesota Twins star Carlos Correa may have a broken finger after he was struck by a pitch Thursday night in Baltimore.
The Twins said after the game that preliminary imaging showed the potential for a non-displaced fracture of Correa’s right middle finger. Correa is expected to have a CT scan Friday, and the team will confirm a diagnosis then.
Correa left Minnesota’s 5-3 loss to the Orioles in the seventh inning after a pitch hit his hand while he was still holding the handle of the bat. The ball bounced into play, and Correa was easily retired on a 1-3 putout.
Correa had also been hit by a pitch earlier in the game. That ball seemed to bounce off his wrist or arm before catching his right shoulder.
The Twins signed Correa this offseason to a $105.3 million, three-year deal with player opt outs after the first two seasons. The former Houston shortstop started slowly this year but has come on strong of late. He’s hitting .255 with two homers and 11 RBIs.
Even after Thursday’s loss, Minnesota leads the AL Central by 2 1/2 games.
___
Follow Noah Trister at www.Twitter.com/noahtrister
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://www.krqe.com/sports/twins-say-carlos-correa-may-have-broken-finger-after-hbp-2/ | 2022-05-06T11:58:58Z | https://www.krqe.com/sports/twins-say-carlos-correa-may-have-broken-finger-after-hbp-2/ | true | 30 |
BridgeBio incurs $22.7M in restructuring costs in Q1, out-licenses programs to save capital
BridgeBio Pharma (NASDAQ:BBIO) said that Q1 it incurred charges of $22.7M as part of its restructuring, and noted that it had out-licensed certain programs to save capital.
The company disclosed this information in its May 5 earnings release. Q1 revenue grew +267.4% Y/Y to $1.69M but missed analysts' estimates.
“We made significant progress in reducing our expenditures in the first quarter, highlighted by a combined reduction of over $100 million in 2022-2023 operating expenses through the Helsinn and Sentynl deals, but we are not yet done. Our priorities are focusing resources towards select internal programs while finding value-creating partnerships for others that we believe allow science to advance seamlessly towards patients," BridgeBio's CFO Brian Stephenson.
The company said in the May 5 release that in January it undertook restructuring which included, consolidation and rationalization of facilities, reprioritization of development programs and a reduction of its workforce, among other things.
In April, it was reported that BridgeBio's (BBIO) Chief Strategy Officer Cameron Turtle had resigned amid the layoffs.
BridgeBio Pharma (BBIO) noted that it has substantially completed the activities and incurred most of the costs related to the restructuring during the current quarter and expects to incur total charges in the range of ~$23M to $25M for the fiscal year 2022.
BridgeBio Pharma (BBIO) added that due to the need to conserve capital it engaged in partnering and out-licensing discussions for the following programs:
BBP-589 – for skin disorder dystrophic epidermolysis bullosa; BBP-681 for venous and lymphatic malformations; BBP-561 for Netherton syndrome, a skin/immune system disorder; BBP-815, an AAV gene therapy for nonsyndromic hearing loss; BBP-818, an AAV gene therapy for a type of metabolic disorder called classic galactosemia; and BBP-472 for PTEN autism.
In addition, the company said it underwent an updated strategic collaboration with Helsinn Group.
Under the amended agreement, Helsinn will gain an exclusive license to commercialize infigratinib in the U.S. and will be responsible for developing and commercializing infigratinib in oncology indications worldwide except for achondroplasia or any other skeletal dysplasias, and except in mainland China, Hong Kong and Macau.
BridgeBio will be eligible to receive regulatory and commercial milestone payments as well as royalties.
"We currently expect to have runway up to and beyond the readout of our ATTR catalyst in mid-2023 without requiring equity dilution. We reiterate our guidance of runway into 2024," said Stephenson.
The company noted that it ended the quarter with $633.5M in cash and marketable securities, providing financial runway into 2024. | https://seekingalpha.com/news/3834192-bridgebio-incurs-227m-in-restructuring-costs-in-q1-out-licenses-programs-to-save-capital | 2022-05-06T11:59:26Z | https://seekingalpha.com/news/3834192-bridgebio-incurs-227m-in-restructuring-costs-in-q1-out-licenses-programs-to-save-capital | false | 1 |
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Honda opens a new BigWing showroom here for mid-range motorcycles
1 min read . Updated: 06 May 2022, 04:54 PM IST- Honda BigWing are also available across all social media platforms
Honda Motorcycle & Scooter India (HMSI) today inaugurated of premium big bike business vertical - the Honda BigWing in Muvattupuzha, Kerala. Strengthening its penetration across the country, customers can now experience the differentiated Silver Wings at close to 100 operational touchpoints.
Honda’s premium motorcycle retail format is led by the BigWing Topline in top metros and BigWing in other demand centers. While the marquee Honda BigWing Topline houses Honda’s complete premium motorcycle range starting from CB300R, H’ness-CB350 and its Anniversary Edition, CB350RS, CB500X, CBR650R, CB650R, CBR1000RR-R Fireblade, CBR1000RR-R Fireblade SP, adventure tourer Africa Twin Adventure Sports and flagship model Gold Wing Tour, the BigWing delights mid-size motorcycle fans of Honda.
BigWing eases the journey from search to purchase, the dedicated website is available for all detailed information. Honda BigWing are also actively available across all social media platforms.
Honda BigWing has virtual platform as well that allows customers to experience the complete fun motorcycle line-up, riding gear and accessories in granular detail while sitting in the comforts of their home.
Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. said “Our focus is on expansion of Honda BigWing (Honda’s exclusive premium motorcycle network) to deliver a truly differentiated immersive experience closer to customer. Today, we are delighted to inaugurate BigWing in Muvattupuzha. Through this new premium outlet, we aim to take Honda’s fun motorcycles closer to customers in Muvattupuzha and bring to experience our mid-size range of premium motorcycles." | https://www.livemint.com/auto-news/honda-opens-a-new-bigwing-showroom-here-for-mid-range-motorcycles-11651835918485.html | 2022-05-06T12:00:49Z | https://www.livemint.com/auto-news/honda-opens-a-new-bigwing-showroom-here-for-mid-range-motorcycles-11651835918485.html | true | 3 |
Oo-oo-oo-dunnit? Murder trial is halted after monkey steals evidence in India
- Local reports said a monkey snatched a packet containing 15 pieces of evidence
- The packet held a knife, the alleged murder weapon used in a 2016 killing
- What's more, the constable responsible for looking after the evidence has since retired and passed away, police said when they confessed to the error
- Their confession came after the court ordered them to produce the evidence
- Prosecutors have reacted angrily to the news, suggesting the excuse is unusual
An Indian murder trial had to be halted on Wednesday under bizarre circumstances after a monkey stole several key pieces of evidence before the case reached court.
According to the Times of India, the monkey was able to snatch an evidence packet that contained 15 pieces of evidence - including a knife, the alleged murder weapon.
During a pre-trial hearing, Jaipur police had to admit to the court that since the murder in 2016, a monkey snatched the evidence while it was being transported.
An Indian murder trial had to be halted on Wednesday under bizarre circumstances after a monkey stole key pieces of evidence before the case reached court. Pictured: A monkey is seen walking along a wall in Delhi, India (file photo)
Their confession came in a written note to the court after they had been ordered to produce the evidence that was going to be used in the case.
What's more, police said the constable who was responsible for protecting the evidence while it was being moved for safe keeping in the village of Malkhana was suspended, and later retired then passed away.
The case in question involves the killing of Shashikant Sharma, whose body was discovered near Chandwaji police station in Jaipur, Rajasthan.
His family had reported him missing three days before his body was found. After it was found, they protested by blocking a main road in the region.
Under pressure from the community, police arrested two men five days later - Rahul and Mohanlal Kandera - both from Chandwaji. They were charged with murder.
Key evidence in the case, including a knife that is believed to have been used by the suspects to murder Sharma, was collected and placed in an evidence packet, ready to be used in court when the case went to trial.
However, according to India's NDTV, the evidence was temporarily being kept under a tree by the constable due to a lack of space in the audit facility in Malkhana.
It was then, the police said in their written response to the court, that the monkey snatched the 15 pieces of evidence and fled. It has not been recovered.
Police said the constable tasked with guarding the packet was suspended. As a result, he retired from the police force and has since died.
The public prosecutor has reportedly reacted angrily to the police's incompetence, suggesting their excuse is unusual. The court also expressed its frustration.
A letter has been sent to the Jaipur Rural Police Superintendent asking him to clarify the events, and how a monkey was able to steal the evidence. | https://www.dailymail.co.uk/news/article-10789249/Oo-oo-oo-dunnit-Murder-trial-halted-monkey-steals-evidence-India.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | 2022-05-06T12:14:58Z | https://www.dailymail.co.uk/news/article-10789249/Oo-oo-oo-dunnit-Murder-trial-halted-monkey-steals-evidence-India.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | false | 3 |
Has Ukraine blasted ANOTHER Russian warship? MP says frigate is 'in trouble' in the Black Sea and suggests it has been hit with a missile
Ukraine may have shot another Russian warship with an MP saying one of Putin's state-of-the-art frigates is 'in trouble' in the Black Sea.
Oleksiy Goncharenko, head of the council of Odesa which houses Ukraine's largest naval base, identified the vessel on his Telegram channel as the Admiral Makarov.
He said the vessel ran into difficulties overnight, before reposting a report from a local news outlet suggesting it had been shot with a Ukrainian missile near Snake Island - whose defenders memorably told another warship to 'go f*** yourself' .
Unconfirmed reports suggest rescue vessels and aircraft have set off from Russia's largest Black Sea port of Sevastopol towards the site, while flight tracking data shows an American drone is circling nearby.
If confirmed, it would be another hugely embarrassing loss for Russia after Ukraine managed to sink the Moskva - the flagship of Putin's Black Sea fleet - along with hundreds of her crew.
Goncharenko wrote: 'The patrol frigate of the Russian Navy "Admiral Makarov" is despondent. The God of the seas takes revenge on the offenders of Ukraine.
'The frigate Admiral Makarov was laid down in February 2012 at the Yantar shipyard in Kaliningrad and launched in September 2015.
'And in 2022, when he took part in the murder of Ukrainians, he was struck by the God of the Seas. He hasn't set off after Moskva yet, but the trouble has begun.'
Around half an hour later, he posted an article from local news outlet Dumskaya which said: 'According to preliminary information, the frigate was unable to dodge the Ukrainian Neptune anti-ship missile .
'The ship is badly damaged, but remains afloat . For now.'
This is a breaking news story. More to follow... | https://www.dailymail.co.uk/news/article-10789563/Ukraine-war-Russian-battleship-hit-Black-Sea.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | 2022-05-06T12:15:31Z | https://www.dailymail.co.uk/news/article-10789563/Ukraine-war-Russian-battleship-hit-Black-Sea.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | true | 2 |
YEREVAN. – Zhoghovurd newspaper of the Republic of Armenia (RA) writes: On April 17, Artur Vanetsyan [the leader of the opposition "With Honor" Faction of the National Assembly and chairman of the opposition Homeland Party] started a 24-hour struggle at Yerevan's Liberty Square demanding the resignation of RA Prime Minister Nikol Pashinyan. The France Square in the center of Yerevan is closed off since May 1, and for four days now a number of roads in the capital and regional roads of Armenia are paralyzed from morning till noon.
Zhoghovurd daily turned to RA President Vahagn Khachaturyan and asked what he thinks about the internal political situation in Armenia and its solution. We also had asked, as President, what he was doing to resolve the internal political tension in the country. In response to the question of Zhoghovurd daily, the public relations department of the office of the president of the republic informed: "The President of the Republic follows all the processes going on in Armenia. In some cases, in case of responding to them or presenting a position, corresponding publicity will be ensured."
Perhaps it is positive that the RA President is at least following the events. And first president Levon Ter-Petrosyan has urged [ex-presidents] Robert Kocharyan, Serzh Sargsyan and [PM] Nikol Pashinyan to sit around the table and resolve the situation for the sake of RA. | https://news.am/eng/news/700391.html | 2022-05-06T12:16:05Z | https://news.am/eng/news/700391.html | false | 1 |
VANCOUVER, BC, May 6, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") is pleased to announce that Mr. Don Strickland has returned to the role of Chief Operating Officer ("COO") from Executive Vice President, Sustainability, effective immediately. Mr. Strickland took on the role of Executive Vice President, Sustainability to establish a strong sustainability direction and focus for the Company, which was highly successful.
Mr. Strickland will continue to be responsible for the Sustainability and People functions, in addition to leading Operations and Technical Services. This change in structure supports the integration of the Company's Sustainability and People objectives fully within the Company's operations and growth initiatives. Copper Mountain will appoint a Vice President, Sustainability to work with Mr. Strickland and the team to continue advancing the Company's sustainability focus under Mr. Strickland's general leadership. The Company has eliminated the role of Senior Vice President, Operations and the Mine General Managers will report directly to Mr. Strickland. Copper Mountain thanks Mr. Eric Dell for his years of service and dedication to the Company.
The Company is also pleased to announce that Mr. Lance Newman will assume the position of Sr. Vice President, Project Development. Mr. Newman will add Australian Country Management to his overall leadership in Project Development and Construction.
About Copper Mountain Mining Corporation
Copper Mountain's flagship asset is the 75% owned Copper Mountain Mine located in southern British Columbia near the town of Princeton. The Copper Mountain Mine currently produces approximately 100 million pounds of copper equivalent per year. Copper Mountain also has the 100% owned development-stage Eva Copper Project, which is expected add approximately 100 million pounds of copper annually, in Queensland, Australia and an extensive 2,100 km2 highly prospective land package in the Mount Isa area. Copper Mountain trades on the Toronto Stock Exchange under the symbol "CMMC" and Australian Stock Exchange under the symbol "C6C".
Additional information is available on the Company's web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil Clausen"
Gil Clausen, P.Eng.
President and Chief Executive Officer
Website: www.CuMtn.com
Cautionary Note Regarding Forward-Looking Statements
This news release may contain forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". In this news release, certain forward-looking statements are identified, including the anticipated production at the Copper Mountain Mine and the Eva Copper Project. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include the risks set out in Copper Mountain's public documents, including in each management's discussion and analysis, filed on SEDAR at www.sedar.com. Although Copper Mountain believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by applicable law, Copper Mountain disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Copper Mountain Mining Corporation | https://www.prnewswire.com:443/news-releases/copper-mountain-mining-announces-executive-management-changes-301541592.html | 2022-05-06T12:17:57Z | https://www.prnewswire.com:443/news-releases/copper-mountain-mining-announces-executive-management-changes-301541592.html | true | 39 |
LOS ANGELES, United States: The global Differential Air Shafts market is broadly and deeply studied in the report with key focus on the competitive landscape, regional growth, market segmentation, and market dynamics. We have used latest primary and secondary research techniques for compiling this comprehensive research study. The report offers Porter’s Five Forces analysis, PESTLE analysis, competitive analysis, manufacturing cost analysis, revenue and production analysis, and various other types of analysis to provide a complete view of the global Differential Air Shafts market. Each segment of the global Differential Air Shafts market is carefully analyzed on the basis of market share, CAGR, and other vital factors. The global Differential Air Shafts market is also statistically presented with the help of Y-o-Y growth, CAGR, revenue, production, and other important calculations.
Get Full PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) https://www.qyresearch.com/sample-form/form/4539111/global-and-united-states-differential-air-shafts-market
The competitive analysis offered in the report helps players to improve their business strategies or create new ones applicable to current or future market situations. The report provides powerful recommendations to help players to cement a strong position in the global Differential Air Shafts market. Its key findings can be used to prepare for any future challenges beforehand. Each segment is deeply analyzed on the basis of various factors such as market share, CAGR, and revenue growth. In addition, every regional market is comprehensively studied to help players identify key growth opportunities in different regions and countries.
The report includes company profiling of almost all important players of the global Differential Air Shafts market. The company profiling section offers valuable analysis on strengths and weaknesses, business developments, recent advancements, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of leading market players. This information can be used by players and other market participants to maximize their profitability and streamline their business strategies. Our competitive analysis also includes key information to help new entrants to identify market entry barriers and measure the level of competitiveness in the global Differential Air Shafts market.
Key Players Mentioned in the Global Differential Air Shafts Market Research Report: Maxcess Tidland, Convertech, JCTPRINT, CBB, TianJi, Belmark Industries, SVECOM – P.E., SUNRISE
Global Differential Air Shafts Market Segmentation by Product: Double Journal, Cantilevered, Flanged
Global Differential Air Shafts Market Segmentation by Application: Luggage Production, Plastic Industry, Textile Industry, Others
The report includes a detailed segmentation study of the global Differential Air Shafts market, where all of the segments are analyzed in terms of market growth, share, growth rate, and other vital factors. It also provides the attractiveness index of segments so that players can be informed about lucrative revenue pockets of the global Differential Air Shafts market. The extensive evaluation of segments provided in the report will help you to direct your investments, strategies, and teams to focus on the right areas of the global Differential Air Shafts market.
Few of the Questions Answered through the Report
(1) How will the global Differential Air Shafts market perform during the forecast period? What will be the market size in terms of value and volume?
(2) Which segment will drive the global Differential Air Shafts market? Which regional market will show extensive growth in the future? What are the reasons?
(3) How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
(4) What are the key strategies adopted by players to sustain themselves in the global Differential Air Shafts market?
(5) How will these strategies influence the market growth and competition?
(6) What will be the CAGR and size of the global Differential Air Shafts market throughout the forecast period?
(7) Which product/application will secure the lion’s share of the global Differential Air Shafts market?
Reasons to Buy the Report
(1) Upgrade your market research resources with this comprehensive and accurate report on the global Differential Air Shafts market
(2) Get complete understanding of general market scenarios and future market situations to prepare for rising above the challenges and ensuring strong growth
(3) The report offers in-depth research and various tendencies of the global Differential Air Shafts market
(4) It provides detailed analysis of changing market trends, current and future technologies used, and various strategies adopted by leading players of the global Differential Air Shafts market
(5) It offers recommendations and advice for new entrants of the global Differential Air Shafts market and carefully guides established players for further market growth
(6) Apart from hottest technological advances in the global Differential Air Shafts market, it brings to light the future plans of dominant players in the industry
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Table od Content
1 Study Coverage
1.1 Differential Air Shafts Product Introduction
1.2 Global Differential Air Shafts Outlook 2017 VS 2022 VS 2028
1.2.1 Global Differential Air Shafts Sales in US$ Million for the Year 2017-2028
1.2.2 Global Differential Air Shafts Sales in Volume for the Year 2017-2028
1.3 United States Differential Air Shafts Outlook 2017 VS 2022 VS 2028
1.3.1 United States Differential Air Shafts Sales in US$ Million for the Year 2017-2028
1.3.2 United States Differential Air Shafts Sales in Volume for the Year 2017-2028
1.4 Differential Air Shafts Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4.1 The Market Share of United States Differential Air Shafts in Global, 2017 VS 2022 VS 2028
1.4.2 The Growth Rate of Differential Air Shafts Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.5 Differential Air Shafts Market Dynamics
1.5.1 Differential Air Shafts Industry Trends
1.5.2 Differential Air Shafts Market Drivers
1.5.3 Differential Air Shafts Market Challenges
1.5.4 Differential Air Shafts Market Restraints
1.6 Study Objectives
1.7 Years Considered
2 Market by Type
2.1 Differential Air Shafts Market Segment by Type
2.1.1 Double Journal
2.1.2 Cantilevered
2.1.3 Flanged
2.2 Global Differential Air Shafts Market Size by Type
2.2.1 Global Differential Air Shafts Sales in Value, by Type (2017, 2022 & 2028)
2.2.2 Global Differential Air Shafts Sales in Volume, by Type (2017, 2022 & 2028)
2.2.3 Global Differential Air Shafts Average Selling Price (ASP) by Type (2017, 2022 & 2028)
2.3 United States Differential Air Shafts Market Size by Type
2.3.1 United States Differential Air Shafts Sales in Value, by Type (2017, 2022 & 2028)
2.3.2 United States Differential Air Shafts Sales in Volume, by Type (2017, 2022 & 2028)
2.3.3 United States Differential Air Shafts Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
3.1 Differential Air Shafts Market Segment by Application
3.1.1 Luggage Production
3.1.2 Plastic Industry
3.1.3 Textile Industry
3.1.4 Others
3.2 Global Differential Air Shafts Market Size by Application
3.2.1 Global Differential Air Shafts Sales in Value, by Application (2017, 2022 & 2028)
3.2.2 Global Differential Air Shafts Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 Global Differential Air Shafts Average Selling Price (ASP) by Application (2017, 2022 & 2028)
3.3 United States Differential Air Shafts Market Size by Application
3.3.1 United States Differential Air Shafts Sales in Value, by Application (2017, 2022 & 2028)
3.3.2 United States Differential Air Shafts Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 United States Differential Air Shafts Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Differential Air Shafts Competitor Landscape by Company
4.1 Global Differential Air Shafts Market Size by Company
4.1.1 Top Global Differential Air Shafts Manufacturers Ranked by Revenue (2021)
4.1.2 Global Differential Air Shafts Revenue by Manufacturer (2017-2022)
4.1.3 Global Differential Air Shafts Sales by Manufacturer (2017-2022)
4.1.4 Global Differential Air Shafts Price by Manufacturer (2017-2022)
4.2 Global Differential Air Shafts Concentration Ratio (CR)
4.2.1 Differential Air Shafts Market Concentration Ratio (CR) (2017-2022)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Differential Air Shafts in 2021
4.2.3 Global Differential Air Shafts Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Differential Air Shafts Manufacturing Base Distribution, Product Type
4.3.1 Global Differential Air Shafts Manufacturers, Headquarters and Distribution of Producing Region
4.3.2 Manufacturers Differential Air Shafts Product Type
4.3.3 Date of International Manufacturers Enter into Differential Air Shafts Market
4.4 Manufacturers Mergers & Acquisitions, Expansion Plans
4.5 United States Differential Air Shafts Market Size by Company
4.5.1 Top Differential Air Shafts Players in United States, Ranked by Revenue (2021)
4.5.2 United States Differential Air Shafts Revenue by Players (2020, 2021 & 2022)
4.5.3 United States Differential Air Shafts Sales by Players (2020, 2021 & 2022)
5 Global Differential Air Shafts Market Size by Region
5.1 Global Differential Air Shafts Market Size by Region: 2017 VS 2022 VS 2028
5.2 Global Differential Air Shafts Market Size in Volume by Region (2017-2028)
5.2.1 Global Differential Air Shafts Sales in Volume by Region: 2017-2022
5.2.2 Global Differential Air Shafts Sales in Volume Forecast by Region (2023-2028)
5.3 Global Differential Air Shafts Market Size in Value by Region (2017-2028)
5.3.1 Global Differential Air Shafts Sales in Value by Region: 2017-2022
5.3.2 Global Differential Air Shafts Sales in Value by Region: 2023-2028
6 Segment in Region Level & Country Level
6.1 North America
6.1.1 North America Differential Air Shafts Market Size YoY Growth 2017-2028
6.1.2 North America Differential Air Shafts Market Facts & Figures by Country (2017, 2022 & 2028)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia-Pacific
6.2.1 Asia-Pacific Differential Air Shafts Market Size YoY Growth 2017-2028
6.2.2 Asia-Pacific Differential Air Shafts Market Facts & Figures by Region (2017, 2022 & 2028)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Taiwan
6.2.9 Indonesia
6.2.10 Thailand
6.2.11 Malaysia
6.2.12 Philippines
6.3 Europe
6.3.1 Europe Differential Air Shafts Market Size YoY Growth 2017-2028
6.3.2 Europe Differential Air Shafts Market Facts & Figures by Country (2017, 2022 & 2028)
6.3.3 Germany
6.3.4 France
6.3.5 U.K.
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Differential Air Shafts Market Size YoY Growth 2017-2028
6.4.2 Latin America Differential Air Shafts Market Facts & Figures by Country (2017, 2022 & 2028)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Differential Air Shafts Market Size YoY Growth 2017-2028
6.5.2 Middle East and Africa Differential Air Shafts Market Facts & Figures by Country (2017, 2022 & 2028)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 U.A.E
7 Company Profiles
7.1 Maxcess Tidland
7.1.1 Maxcess Tidland Corporation Information
7.1.2 Maxcess Tidland Description and Business Overview
7.1.3 Maxcess Tidland Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.1.4 Maxcess Tidland Differential Air Shafts Products Offered
7.1.5 Maxcess Tidland Recent Development
7.2 Convertech
7.2.1 Convertech Corporation Information
7.2.2 Convertech Description and Business Overview
7.2.3 Convertech Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.2.4 Convertech Differential Air Shafts Products Offered
7.2.5 Convertech Recent Development
7.3 JCTPRINT
7.3.1 JCTPRINT Corporation Information
7.3.2 JCTPRINT Description and Business Overview
7.3.3 JCTPRINT Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.3.4 JCTPRINT Differential Air Shafts Products Offered
7.3.5 JCTPRINT Recent Development
7.4 CBB
7.4.1 CBB Corporation Information
7.4.2 CBB Description and Business Overview
7.4.3 CBB Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.4.4 CBB Differential Air Shafts Products Offered
7.4.5 CBB Recent Development
7.5 TianJi
7.5.1 TianJi Corporation Information
7.5.2 TianJi Description and Business Overview
7.5.3 TianJi Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.5.4 TianJi Differential Air Shafts Products Offered
7.5.5 TianJi Recent Development
7.6 Belmark Industries
7.6.1 Belmark Industries Corporation Information
7.6.2 Belmark Industries Description and Business Overview
7.6.3 Belmark Industries Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.6.4 Belmark Industries Differential Air Shafts Products Offered
7.6.5 Belmark Industries Recent Development
7.7 SVECOM – P.E.
7.7.1 SVECOM – P.E. Corporation Information
7.7.2 SVECOM – P.E. Description and Business Overview
7.7.3 SVECOM – P.E. Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.7.4 SVECOM – P.E. Differential Air Shafts Products Offered
7.7.5 SVECOM – P.E. Recent Development
7.8 SUNRISE
7.8.1 SUNRISE Corporation Information
7.8.2 SUNRISE Description and Business Overview
7.8.3 SUNRISE Differential Air Shafts Sales, Revenue and Gross Margin (2017-2022)
7.8.4 SUNRISE Differential Air Shafts Products Offered
7.8.5 SUNRISE Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Differential Air Shafts Industry Chain Analysis
8.2 Differential Air Shafts Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Differential Air Shafts Distributors
8.3 Differential Air Shafts Production Mode & Process
8.4 Differential Air Shafts Sales and Marketing
8.4.1 Differential Air Shafts Sales Channels
8.4.2 Differential Air Shafts Distributors
8.5 Differential Air Shafts Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
About Us:
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc. | https://weeklywall.com/differential-air-shafts-market-outlook-2022-growth-opportunities-and-forecast-analysis-2022-2028-maxcess-tidland-convertech-jctprint/ | 2022-05-06T12:21:57Z | https://weeklywall.com/differential-air-shafts-market-outlook-2022-growth-opportunities-and-forecast-analysis-2022-2028-maxcess-tidland-convertech-jctprint/ | false | 201 |
WASHINGTON, May 6 — US House of Representatives Speaker Nancy Pelosi said the House will set a mininum annual pay for its staff at US$45,000 (RM196,650), months after a non-profit report found that over 12 per cent of congressional staffers did not have a living wage.
“I am pleased to announce that ..... the House will for the first time ever set the minimum annual pay for staff at US$45,000,” Pelosi said in a letter to lawmakers dated Friday.
The step would go into effect from September, she added.
A report from a non-profit earlier this year found that one in eight congressional staffers in Washington, DC, are not paid a living wage.
The report had compared staff salaries in Congress to the living wage in Washington, DC, which is US$42,610 for an adult without children, according to the Massachusetts Institute of Technology.
In her letter on Friday, Pelosi also acknowledged that young staffers “often earn the lowest salaries.” The letter was first reported by Punchbowl News.
“This is also an issue of fairness, as many of the youngest staffers working the longest hours often earn the lowest salaries”, Pelosi said.
Last year, over 100 US lawmakers, led by Representative Alexandria Ocasio-Cortez, had called for higher wages for congressional staffers in order to better retain employees working for members of Congress. — Reuters | https://www.malaymail.com/news/money/2022/05/06/us-house-to-set-minimum-annual-pay-for-staff-at-us45000-pelosi-says/2057445 | 2022-05-06T12:22:40Z | https://www.malaymail.com/news/money/2022/05/06/us-house-to-set-minimum-annual-pay-for-staff-at-us45000-pelosi-says/2057445 | false | 2 |
Coast Guard recovered the body of the 17-year-old boy who went missing near the San Luis Pass Bridge
The U.S. Coast Guard has recovered the body of the 17-year-old boy who went missing Saturday in the water near the San Luis Pass Bridge. The video above is from a previous report. Authorities said they received a report from the Galveston Police Department at about 8:37 p.m. of the teenager who was last seen wade fishing just north of Freeport. The teen's body was recovered at about 5:25 p.m. on Sunday by a Texas EquuSearch boat, according to the Coast Guard. "San Luis Pass is an incredibly hazardous area for wade fishing and swimming due to strong tidal currents and rapidly changing water depth, especially at night," said Coast Guard Capt. Keith. "It is heartbreaking that a fishing trip with friends and family ended this way. We offer this young man's family our deepest condolences for their unimaginable loss." ABC13 spoke with a fisherman who had been fishing in the area all night. He said the conditions Saturday night were too dangerous. "It was very dangerous. I was going to kayak some baits out, but I decided it was potentially not very safe to be out in the water. So, I put my waders on and I felt the current. It was pulling me one way," said Bobby Hall. For more on this story, follow Rosie Nguyen on Facebook , Twitter and Instagram . | https://www.newsbreak.com/news/2588980194720/coast-guard-recovered-the-body-of-the-17-year-old-boy-who-went-missing-near-the-san-luis-pass-bridge | 2022-05-06T12:23:12Z | https://www.newsbreak.com/news/2588980194720/coast-guard-recovered-the-body-of-the-17-year-old-boy-who-went-missing-near-the-san-luis-pass-bridge | true | 1 |
Additionally, USG recently broke ground on KindCare at Bristol, an assisted living and memory care senior housing development.
SANTA BARBARA, Calif., May 6, 2022 /PRNewswire/ -- USG Realty Capital, a leading investment sponsor specializing in opportunity zones, announced today that they have selected WealthForge, a registered broker-dealer and developer of Altigo, a subscription automation platform for investing in alternatives, as their managing broker-dealer and will utilize their technology solutions to streamline the investment process.
"WealthForge brings a level of expertise and turn-key solutions with their managing broker-dealer services and Altigo platform, which is unmatched in our industry," said Greg Genovese, CEO and founder of USG Realty Capital. "As our platform continues to grow and add more products, bringing on WealthForge was the ideal next step in our evolution."
"We focus on increasing efficiencies and streamlining the investment process with our automated straight-through processing platform to increase adoption of alternatives," said Michael Roman, managing director, managing broker-dealer services, of WealthForge. "We are excited to work with an industry leader like Greg Genovese and his stellar team at USG Realty Capital."
Through USG's unique proprietary investor-directed platform, accredited investors have the capability to choose as much diversification or project concentration as they please, all under a single-fund platform. This platform provides quantitatively aligned asset management with the fund's investors, delivers proper oversight of the fund's developers through co-partnership, and honors the spirit and intent of the opportunity zone initiative by ongoing third-party social impact reporting throughout the life of the project.
In March of this year, USG Realty Capital held a groundbreaking ceremony for KindCare at Bristol, part of its investor-directed, multi-asset opportunity zone fund offering. The 117-unit assisted living and memory care senior housing development, located in Bristol, Connecticut is being developed by Senior Living Development, an experienced commercial real estate development company specializing in the senior living space. This qualified opportunity zone project is scheduled for completion in 2023.
Investors Choice OZ Fund launched in June 2021. Since that time, the qualified opportunity zone fund has grown to four current projects and continues to add qualified, viable ground-up multifamily, senior living, storage, and manufactured housing projects to add to its platform. The focus is on infill projects with barriers to entry and equity targets ranging from $5 million to $10 million per project, on average. The fund intends to raise $50 million in new investment equity and can expand the offering to $100 million if needed.
About USG Realty Capital
USG Realty Capital is co-headquartered in Santa Barbara, California and Silverdale, Washington. USG Realty Capital is an alternative investment company launched by industry veteran Greg Genovese, who has successfully launched several opportunity zone funds since 2018. To learn more, please visit www.investorschoiceoz.com.
Tax-Incentivized refers to any type of investment that is either exempt from taxation, tax-deferred, or that offers other types of tax benefits. USG Realty Capital is a sponsor of investment opportunities that can provide such benefits via our opportunity zone funds and 1031 exchange offerings, among others. Securities offered through WealthForge Securities, LLC, the managing broker-dealer for the Investors Choice OZ Fund, LLC offering and member FINRA/SIPC. USG Realty Capital and WealthForge are not affiliated. Private Placements are speculative.
Contact:
Jill Swartz
Spotlight Marketing Communications
949.427.1389j
ill@spotlightmarcom.com
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SOURCE USG Realty Capital | https://www.wbay.com/prnewswire/2022/05/06/opportunity-zone-experts-usg-realty-capital-select-wealthforge-managing-broker-dealer-services-technology-solutions-streamline-investment-process/ | 2022-05-06T12:27:52Z | https://www.wbay.com/prnewswire/2022/05/06/opportunity-zone-experts-usg-realty-capital-select-wealthforge-managing-broker-dealer-services-technology-solutions-streamline-investment-process/ | false | 18 |
NUR-SULTAN – Cerebra, Kazakhstan’s AI-powered software for early stroke detection and faster, more accurate treatment, has been named to the list of the world’s top 10 most innovative medical artificial intelligence projects, according to the Medtronic APAC Innovation Challenge. This is a platform for startups and companies operated by Medtronic, a Florida-based health technology company, which aims to advance innovative ideas in therapeutics and digital health, as well as introduce artificial intelligence, robotics and machine learning to the field .
Cerebra is artificial intelligence software designed for rapid stroke diagnosis and human factors minimization, while providing an internal ecosystem for data sharing and remote access to the platform anytime.
While stroke remains one of the leading causes of death in Kazakhstan, with nearly 80 percent of patients suffering from serious complications, Cerebra helps detect cytotoxic edema on a CT scan, which is often hidden from the human eye.
The project, which is a participant of the international Technopark Astana Hub for IT startups, is currently working in test mode in 17 stroke centers across Kazakhstan.
“There are only a few large companies in the world that do stroke diagnostics. Despite the clear advantages of competitors from Israel, Great Britain and the United States in terms of finances, human resources and the amount of medical data to train AI, our team is very motivated by what we can do for people. In developed countries, mortality from stroke has been minimized, and in our country, stroke remains one of the leading causes of death. In order to scale the project abroad, we need to show good results in Kazakhstan, and for that we need the support of the state,” said project founder Doszhan Zhusaupov.
In its early stages, the startup attracted investment from Quest Ventures Singapore Venture Fund and also won a $50,000 grant for first place in the 2020 Saby Foundation’s Build Your Own Business competition. | https://shepherdgazette.com/kazakhstans-ai-powered-medical-software-enters-top-ten-most-innovative-medtech-startups-in-the-world/ | 2022-05-06T12:29:03Z | https://shepherdgazette.com/kazakhstans-ai-powered-medical-software-enters-top-ten-most-innovative-medtech-startups-in-the-world/ | false | 1 |
DALLAS (AP) _ MoneyGram International Inc. (MGI) on Friday reported first-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier.
The Dallas-based company said it had profit of 5 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 9 cents per share.
The money transfer company posted revenue of $307.6 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MGI at https://www.zacks.com/ap/MGI | https://www.newstimes.com/business/article/MoneyGram-Q1-Earnings-Snapshot-17153774.php | 2022-05-06T12:29:17Z | https://www.newstimes.com/business/article/MoneyGram-Q1-Earnings-Snapshot-17153774.php | false | null |
Recent arrests made by the Magnolia Police Department. Many, but not all, these arrests have previously been listed in our daily report Columbia County Justice and Detention Facility bookings and releases.
Tuesday, May 3
Miracle Charles, 37, Buckner, failure to appear.
Deshasmic Pastchol, 29, Magnolia, failure to appear, disorderly conduct, indecent exposure, and refusal to submit to breath test.
Wednesday, May 4
Colby Curtis, 31, Little Rock, failure to appear, speeding, and driving on suspended license.
Thursday, May 5
Elvis Wright, 23, Magnolia, theft of property under $1,000.
Farris Johnson Jr., 42, Magnolia, theft of property under $1,000, possession of methamphetamine, possession of drug paraphernalia, and failure to appear. | http://www.magnoliareporter.com/news_and_business/local_news/article_d24dc178-cd35-11ec-bc9e-cf436faaa6e7.html | 2022-05-06T12:31:31Z | http://www.magnoliareporter.com/news_and_business/local_news/article_d24dc178-cd35-11ec-bc9e-cf436faaa6e7.html | false | null |
First Trust Advisors LP cut its holdings in shares of Valvoline Inc. (NYSE:VVV – Get Rating) by 10.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 361,389 shares of the basic materials company’s stock after selling 40,658 shares during the quarter. First Trust Advisors LP owned 0.20% of Valvoline worth $13,477,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Koshinski Asset Management Inc. acquired a new stake in Valvoline during the 4th quarter worth about $56,000. Missouri Trust & Investment Co purchased a new stake in shares of Valvoline during the 4th quarter worth about $63,000. Maverick Capital Ltd. purchased a new stake in shares of Valvoline during the 3rd quarter worth about $77,000. Spire Wealth Management raised its stake in shares of Valvoline by 186.8% during the 4th quarter. Spire Wealth Management now owns 3,287 shares of the basic materials company’s stock worth $123,000 after purchasing an additional 2,141 shares in the last quarter. Finally, Virginia Retirement Systems ET AL purchased a new stake in shares of Valvoline during the 4th quarter worth about $209,000. Hedge funds and other institutional investors own 91.04% of the company’s stock.
A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. downgraded Valvoline from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $39.00 to $30.00 in a research note on Wednesday, March 9th. StockNews.com began coverage on Valvoline in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Finally, Zacks Investment Research downgraded Valvoline from a “hold” rating to a “sell” rating in a research note on Saturday, February 12th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $37.60.
Valvoline (NYSE:VVV – Get Rating) last issued its quarterly earnings results on Tuesday, February 8th. The basic materials company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $858.00 million for the quarter, compared to the consensus estimate of $826.57 million. Valvoline had a return on equity of 536.80% and a net margin of 13.18%. The company’s revenue for the quarter was up 31.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 EPS. Sell-side analysts expect that Valvoline Inc. will post 2.09 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 15th. Stockholders of record on Tuesday, May 31st will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Friday, May 27th. Valvoline’s payout ratio is presently 21.74%.
About Valvoline (Get Rating)
Valvoline Inc manufactures, markets, and supplies, engine and automotive maintenance products and services. It operates through two segments, Retail Services and Global Products. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications; and oil and air filters for light-duty vehicles.
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Want to see what other hedge funds are holding VVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Valvoline Inc. (NYSE:VVV – Get Rating).
Receive News & Ratings for Valvoline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valvoline and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/05/06/first-trust-advisors-lp-has-13-48-million-holdings-in-valvoline-inc-nysevvv.html | 2022-05-06T12:33:21Z | https://www.americanbankingnews.com/2022/05/06/first-trust-advisors-lp-has-13-48-million-holdings-in-valvoline-inc-nysevvv.html | true | 3 |
An Emmerdale star has talked up the possibility of Jamie Tate returning to the show.
Rosie Bentham, who plays Gabby Thomas in Emmerdale, has talked to Digital Spy about the prospect of Jamie Tate, played by Alexander Lincoln, returning to the soap in the upcoming flash-forward scenes or alternatively as part of the programme’s 50th anniversary celebrations.
As Emmerdale fans know, most villagers believe Jamie is dead but the character is actually alive. Character Gabby is fearing for her safety as she suspects he may come to kidnap their baby after receiving a gift.
Read more: Emmerdale star Dominic Brunt's new career move after soap chop fears
“It's very obvious that it's from Jamie and that means that Jamie has been in her safe place, which is Home Farm, he's been wandering round and he's closer than ever,” Rosie explained.
“That tips her over the edge, she's 100 per cent sure Jamie is here. (Gabby is thinking) ‘He's been in the house, he's coming for me, now what do I do?’”
Rosie admitted Gabby is absolutely terrified of Jamie. Although, she’s curious as she has many questions for him.
On a personal note, the acting star would like to see former co-star Alexander Lincoln return to Emmerdale. Rosie said: “I'd love to see Alex back, he was good fun and it would be a lot of drama, which would be good. And he hasn't even met the baby yet, so he needs to come back and be a dad.”
You can visit our Emmerdale homepage to find the latest gossip about the soap and its stars. There you'll also find our Emmerdale features and news about the show's 50th anniversary plans.
Read next:
- Former Emmerdale star joins Coronation Street
- Chloe Harris teases more about character's mysterious past
- Paige Sandhu teases first major role following Emmerdale exit
- Major secrets from the Emmerdale set
- Former Emmerdale actor's new relationship with fellow soap star | https://www.examinerlive.co.uk/news/tv/emmerdale-star-talks-possible-return-23881658 | 2022-05-06T12:35:29Z | https://www.examinerlive.co.uk/news/tv/emmerdale-star-talks-possible-return-23881658 | false | 1 |
Running twenty minutes late to a get-together? Need to pick up a bottle of “apology wine” from the grocery store? No time for a wine guide? Well, then, this wine guide is for you!
Consider the wine’s origins.
Some wines come from France, some are from California, and others still are from neither of those two places. You are not concerned with these distinctions, nor should you be. Time is of the essence. The only geography to note is the bottle’s proximity to the store’s exit—the closer it is, the quicker you can check out! And that region of the wine aisle has historically been prized for its consistently lush discounts. Strictly avoid any and all wines that hail from behind locked glass cabinets.
Check the label.
It takes but a glance to spot a trendy design on a bottle’s label—a surefire sign that the wine is delicious. Select accordingly! As a general rule, the less a label’s graphic has to do with wine, the better it is. Everyone knows that a stuffy old château has got nothing on, say, a naïvely drawn root vegetable. Be on the lookout for such ironic delights as giraffes with party hats, bowls of soup, and typewriters. What font do you see? Helvetica? Loopy cursive? Tasteful balloon letters? Yes, please! The wine inside may be aged, but the label screams Gen Z.
Be aware of the price.
As always, only consider wines that cost between seventeen and twenty-three dollars. Quickly forget any bottle outside of this narrow range—anything cheaper is non-potable swill; anything more expensive, and the wine is too nice ever to drink. This is common sense. And it is widely known that the best price for apology wine is $18.73—try to hit that number exactly.
Skip the tasting profile.
Wine tasting profiles are basically essays printed in small type that describe the wine’s characteristics. They’re very helpful if you’ve lately found yourself craving a “full-bodied, citrus-forward wine with hints of melon, clove, and marzipan.” But in all other scenarios, these flowery dissertations are a titanic waste of time that you do not have! Does it allege to be “wine”? Huzzah. Buy it.
Frantically send a text announcing that your E.T.A. is in “just fifteen minutes,” when it is at least twenty-seven.
Expert sommeliers do this while standing in the self-checkout line. Stop sweating so much!
Nail the presentation.
You’ve finally arrived at the function, but with a mid-shelf bottle of vino to back you up. Make a bold statement to your fellow-partygoers—something snappy, like, “I’m sorry I’m late. Traffic. Here’s some wine.” (You may use this “traffic” excuse if you’d like, free of charge; that is our gift to you.) Then point to the bottle’s label—this one has a pinwheel!—and exclaim, “Looks great, right?” Do this, and all will be forgiven.
Or you could just arrive on time—your choice. | https://www.newyorker.com/humor/daily-shouts/wine-buying-tips-for-people-who-are-running-late | 2022-05-06T12:40:00Z | https://www.newyorker.com/humor/daily-shouts/wine-buying-tips-for-people-who-are-running-late | false | 1 |
Rodriguez rocks two homers but Fresno falls 12-6 to Modesto
May 6, 2022 - California League (CalL) - Fresno Grizzlies News Release
Fresno, CA - The Fresno Grizzlies (14-10) were overpowered by the Modesto Nuts (12-12) 12-6 Thursday evening from Chukchansi Park. The clubs combined for 26 hits, seven homers, six walks and 16 strikeouts.
Modesto plated eight of their 12 runs in the third. Victor Labrada roped a double to right field to open the scoring. Then, Edwin Arroyo and Robert Perez smashed back-to-back homers, both deep shots. Arroyo's fourth dinger of 2022 went to right while Perez's six clout of the year landed in deep left field. Finally, Walking Cabrera whacked a three-run wallop to left, making it 8-0.
Fresno got on the board when Zach Kokoska rounded the bases on two errors, one via fielding and one from a throw. The Nuts extended the lead in the fifth to 9-1 after Perez went deep for a second time. In the bottom of the fifth, Warming Bernabel cut the deficit to 9-3 after rocking a two-RBI double to left-center. A few batters later, Juan Guerrero blooped a single to center, adding another Grizzlies run.
Jonatan Clase expanded the advantage to 10-4 in the sixth when he powered a solo tater to right field. In the bottom half of the sixth, Aiverson Rodriguez hammered a pitch to center, his first round-tripper of the season. After a groundout made it 11-5 Nuts, Rodriguez thrashed his second big fly of the night. He became the third Fresno batter this year to homer twice in a game (Hunter Goodman and Adael Amador). Finally, Arroyo concluded the offensive outburst with a single in the ninth.
Grizzlies starter McCade Brown (0-1) was tagged the decision in his debut. The Indiana product fanned a trio of batters over three frames. Tyler Ras and Jarrod Cande (also made debut) both punched out three after five pooled innings. Bryce McGowan hurled the last frame, producing one strikeout. Nuts righty Jimmy Joyce lasted four innings, allowing one unearned run. Yeury Tatiz (1-0) secured the victory after a quartet of frames. Andrew Moore rounded out the Modesto triumph in the ninth. The squads are back in action tomorrow for Star Wars Night.
Top Performers: Fresno Grizzlies (Colorado Rockies)
- 2B Aiverson Rodriguez (2-3, 2 HR, 2 RBI, 2 R, BB)
- 3B Warming Bernabel (1-4, 2B, 2 RBI, R, BB, CS)
- CF Braiden Ward (2-4, R, HBP, SB)
- LF Juan Guerrero (3-5, RBI)
Top Performers: Modesto Nuts (Seattle Mariners)
- 1B Robert Perez (2-5, 2 HR, 2 RBI, 2 R)
- SS Edwin Arroyo (2-5, HR, 3 RBI, R)
- RF Walking Cabrera (2-4, HR, 3 RBI, R)
- CF Jonatan Clase (1-4, HR, RBI, 2 R, BB)
On Deck:
DAY DATE OPPONENT PROBABLE PITCHERS TIME (PT)
Friday May 6 Modesto Nuts (Home) Modesto RHP Joseph Hernandez (2-0, 1.89) vs. Fresno RHP Brayan Castillo (0-1, 4.50) 6:50 PM
ON THAT FRES-NOTE:
Juan Guerrero (3), Braiden Ward (2) and Aiverson Rodriguez (2) all relished multi-hit games while eight of the nine Grizzlies starters had at least one hit.
• Discuss this story on the California League message board...
California League Stories from May 6, 2022
- Giants Blast Four Homers in 8-5 Win over Ports - San Jose Giants
- Storm Win on Third Walk-Off of the Season to Beat the Quakes - Lake Elsinore Storm
- Rodriguez rocks two homers but Fresno falls 12-6 to Modesto - Fresno Grizzlies
- Stockton Slugs 13 Hits, Drops Game Three to San Jose - Stockton Ports
- Quakes Streak Snapped - Rancho Cucamonga Quakes
The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff. | https://www.oursportscentral.com/services/releases/rodriguez-rocks-two-homers-but-fresno-falls-12-6-to-modesto/n-5823059 | 2022-05-06T12:45:10Z | https://www.oursportscentral.com/services/releases/rodriguez-rocks-two-homers-but-fresno-falls-12-6-to-modesto/n-5823059 | true | 1 |
Profund Advisors LLC grew its stake in Green Dot Co. (NYSE:GDOT – Get Rating) by 15.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,068 shares of the financial services provider’s stock after purchasing an additional 814 shares during the period. Profund Advisors LLC’s holdings in Green Dot were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Frontier Capital Management Co. LLC boosted its position in Green Dot by 206.4% during the 4th quarter. Frontier Capital Management Co. LLC now owns 483,402 shares of the financial services provider’s stock worth $17,518,000 after buying an additional 325,641 shares during the period. Assenagon Asset Management S.A. boosted its position in Green Dot by 739.8% during the 4th quarter. Assenagon Asset Management S.A. now owns 341,731 shares of the financial services provider’s stock worth $12,384,000 after buying an additional 301,038 shares during the period. Divisar Capital Management LLC acquired a new stake in Green Dot during the 3rd quarter worth approximately $7,739,000. Geode Capital Management LLC boosted its position in Green Dot by 11.0% during the 3rd quarter. Geode Capital Management LLC now owns 997,589 shares of the financial services provider’s stock worth $50,208,000 after buying an additional 98,763 shares during the period. Finally, Par Capital Management Inc. boosted its position in Green Dot by 13.1% during the 3rd quarter. Par Capital Management Inc. now owns 735,226 shares of the financial services provider’s stock worth $37,004,000 after buying an additional 85,226 shares during the period. Institutional investors own 92.02% of the company’s stock.
Several research firms recently commented on GDOT. Northland Securities cut their target price on shares of Green Dot from $42.00 to $38.00 in a research report on Wednesday, February 16th. Needham & Company LLC lowered their price target on shares of Green Dot from $63.00 to $35.00 and set a “buy” rating for the company in a report on Friday, February 25th. Zacks Investment Research upgraded shares of Green Dot from a “sell” rating to a “hold” rating and set a $29.00 price target for the company in a report on Monday. Barclays lowered their price target on shares of Green Dot from $55.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, February 28th. Finally, William Blair restated an “outperform” rating on shares of Green Dot in a report on Friday, February 25th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $44.22.
Green Dot (NYSE:GDOT – Get Rating) last released its quarterly earnings data on Thursday, May 5th. The financial services provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.21. The company had revenue of $400.60 million during the quarter, compared to analyst estimates of $390.87 million. Green Dot had a net margin of 3.31% and a return on equity of 7.79%. Green Dot’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. Equities research analysts anticipate that Green Dot Co. will post 1.44 EPS for the current fiscal year.
In other news, Director Glinda Bridgforth-Hodges sold 3,910 shares of Green Dot stock in a transaction on Wednesday, March 2nd. The shares were sold at an average price of $27.25, for a total value of $106,547.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 5,410 shares of company stock valued at $149,223 in the last quarter. 2.90% of the stock is currently owned by company insiders.
Green Dot Profile (Get Rating)
Green Dot Corporation operates as a financial technology and bank holding company in the United States. It operates through Consumer Services, Business to Business Services, and Money Movement Services segments. The company offers deposit account programs, such network-branded reloadable prepaid debit cards, network-branded gift cards, and secured credit cards.
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Receive News & Ratings for Green Dot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Dot and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/05/06/profund-advisors-llc-has-220000-position-in-green-dot-co-nysegdot.html | 2022-05-06T12:46:25Z | https://www.americanbankingnews.com/2022/05/06/profund-advisors-llc-has-220000-position-in-green-dot-co-nysegdot.html | false | 1 |
HAMILTON, Bermuda, May 6, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) reported book value per share of $1,183 and adjusted book value per share of $1,204 as of March 31, 2022. Book value per share and adjusted book value per share both increased 1% in the first quarter of 2022.
Manning Rountree, CEO, commented, "We had a good first quarter, with ABVPS up 1%. Rising interest rates were a headwind in our fixed income portfolio. This was more than offset by positive results from our operating companies and positive returns in our equity portfolio. BAM produced $22 million of total premiums and member surplus contributions in the quarter, driven by strong secondary market activity. Ark produced break-even underwriting results in the quarter, reflecting the impact of estimated losses emanating from the conflict in Ukraine. Ark wrote $633 million of gross written premiums in the quarter, up 57% year over year, with risk adjusted rate change up 9% year over year. NSM produced healthy growth in both pro forma controlled premiums and pro forma adjusted EBITDA. Kudu posted growth in adjusted EBITDA and recognized $22 million of mark-to-market gains in the fair value of its portfolio of participation contracts. MediaAlpha's share price was up 7% in the quarter, producing a $19 million mark-to-market gain. Excluding MediaAlpha, the investment portfolio returned 0.3% in the quarter, as gains in equities more than offset mark-to-market losses in fixed income. We completed $39 million of share repurchases in the quarter. Including the dividend received from HG Global in May, undeployed capital now stands at roughly $400 million."
Comprehensive income (loss) attributable to common shareholders was $31 million in the first quarter of 2022 compared to $(74) million in the first quarter of 2021. Results in the first quarter of 2022 included $19 million of unrealized investment gains from White Mountains's investment in MediaAlpha. Results in the first quarter of 2021 included $42 million of net realized and unrealized investment losses from White Mountains's investment in MediaAlpha and a loss of $29 million related to NSM's sale of its Fresh Insurance motor business.
HG Global/BAM
BAM's gross written premiums and member surplus contributions (MSC) collected were $22 million in the first quarter of 2022 compared to $26 million in the first quarter of 2021. BAM insured municipal bonds with par value of $3.5 billion in the first quarter of 2022 compared to $3.5 billion in the first quarter of 2021, which included $806 million from an assumed reinsurance transaction. Total pricing was 63 basis points in the first quarter of 2022 compared to 74 basis points in the first quarter of 2021. BAM's total claims paying resources were $1,201 million at March 31, 2022 compared to $1,192 million at December 31, 2021 and $1,144 million at March 31, 2021.
Seán McCarthy, CEO of BAM, said, "BAM insured primary and secondary market volume reached a new record high for first-quarter activity, up 27% year over year. Pricing was in line with full-year 2021 levels. Interest rates were higher and more volatile during the quarter, supporting increased investor demand for insured bonds."
Through the COVID-19 pandemic, BAM's portfolio has performed well. All BAM-insured bond payments due through May 1, 2022 have been made by insureds, and there are no credits on BAM's watchlist.
HG Global reported pre-tax loss of $15 million in the first quarter of 2022 compared to $2 million in the first quarter of 2021. The increase in HG Global's pre-tax loss in the first quarter of 2022 compared to the first quarter of 2021 was driven primarily by lower investment returns on the HG Global fixed income portfolio.
On April 29, 2022, HG Global received the proceeds of its new $150 million, 10-year term loan credit facility. In turn, HG Global paid a $120 million cash dividend to shareholders, of which $116 million was paid to White Mountains.
White Mountains reported pre-tax loss related to BAM of $36 million in the first quarter of 2022 compared to $23 million in the first quarter of 2021. The increase in pre-tax loss related to BAM in the first quarter of 2022 compared to the first quarter of 2021 was driven primarily by lower investment returns on the BAM fixed income portfolio.
BAM is a mutual insurance company that is owned by its members. BAM's results are consolidated into White Mountains's GAAP financial statements and attributed to non-controlling interests.
Ark
Ark's GAAP combined ratio was 100% in the first quarter of 2022 compared to 109% in the first quarter of 2021. Ark's adjusted combined ratio, which adds back amounts attributable to third-party capital providers, was 101% in the first quarter of 2022 compared to 108% in the first quarter of 2021. The adjusted combined ratio for the first quarter of 2022 included 16 points of catastrophe losses compared to 17 points in the first quarter of 2021. Catastrophe losses for the first quarter of 2022 included an estimate of incurred losses emanating from the conflict in Ukraine. Losses could increase as the conflict continues.
Ark reported gross written premiums of $633 million, net written premiums of $544 million and net earned premiums of $194 million in the first quarter of 2022 compared to gross written premiums of $405 million, net written premiums of $342 million and net earned premiums of $105 million in the first quarter of 2021. Ark reported pre-tax loss of $23 million in the first quarter of 2022 compared to $33 million in first quarter of 2021. Ark's pre-tax loss for the first quarter of 2022 included $18 million of net unrealized investment losses, driven primarily by mark-to-market losses on fixed income securities in its investment portfolio. Ark's pre-tax loss for the first quarter of 2021 reflected $25 million of transaction expenses related to White Mountains's transaction with Ark.
Ian Beaton, CEO of Ark, said, "Despite the tragic events in Ukraine, we are off to a solid start in 2022. The strong rate environment experienced in 2021 has carried through to 2022. Driven by solid January renewals, gross written premiums were up 57% from 2021, with risk adjusted rate change up 9%. Looking forward, market conditions remain attractive, and we are optimistic about continued profitable growth in the book."
NSM
NSM reported commission and other revenues of $89 million, pre-tax income of $3 million and adjusted EBITDA of $18 million in the first quarter of 2022 compared to commission and other revenues of $75 million, pre-tax loss of $33 million and adjusted EBITDA of $14 million in the first quarter of 2021. Results in the first quarter of 2022 include the results of J.C. Taylor, an MGA offering classic and antique collector car insurance, which was acquired on August 6, 2021. Results in the first quarter of 2021 include a loss of $29 million related to the sale of NSM's Fresh Insurance motor business, which was sold on April 12, 2021.
Geof McKernan, CEO of NSM, said, "NSM delivered a strong quarter, achieving new highs for premiums and profits. We saw healthy organic growth across the board. Trailing 12 months pro forma controlled premiums grew 3% quarter over quarter to $1,243 million, while pro forma adjusted EBITDA increased 4% quarter over quarter to $79 million."
Kudu
Kudu reported total revenues of $35 million, pre-tax income of $29 million and adjusted EBITDA of $10 million in the first quarter of 2022 compared to total revenues of $24 million, pre-tax income of $16 million and adjusted EBITDA of $6 million in the first quarter of 2021. Total revenues and pre-tax income in the first quarter of 2022 included $22 million of net unrealized investment gains on Kudu's participation contracts compared to $16 million of net unrealized investment gains on Kudu's participation contracts in the first quarter of 2021.
Rob Jakacki, CEO of Kudu, said, "The Kudu portfolio performed well despite the volatile quarter for markets generally. Trailing 12 months revenues from participation contracts increased 10% quarter over quarter to $48 million, while adjusted EBITDA increased 13% to $37 million. Annualized revenues finished the quarter at $57 million, implying a cash revenue yield of 10%, while annualized adjusted EBITDA reached $46 million. We are continuing to see strong opportunities and expect further capital deployments throughout the year."
MediaAlpha
White Mountains owns 16.9 million shares of MediaAlpha, representing a 28% basic ownership interest (25% on a fully-diluted/fully-converted basis). As of March 31, 2022, the closing price was $16.55 per share, which increased from $15.44 per share at December 31, 2021. As of March 31, 2022, the value of White Mountains's investment in MediaAlpha was $280 million, which increased from $262 million at December 31, 2021. At our current level of ownership, each $1.00 per share increase or decrease in the share price of MediaAlpha will result in an approximate $5.65 per share increase or decrease in White Mountains's book value per share and adjusted book value per share. Our focus remains on MediaAlpha's intrinsic value, not on fluctuations in its share price. We encourage you to read MediaAlpha's first quarter earnings release and related shareholder letter, which is available on MediaAlpha's investor relations website at www.investors.mediaalpha.com.
Other Operations
White Mountains's Other Operations segment reported pre-tax income (loss) of $30 million in the first quarter of 2022 compared to $(64) million in the first quarter of 2021. The Other Operations segment results in the first quarter of 2022 and 2021 were driven primarily by net realized and unrealized investment gains (losses) from White Mountains's investment in MediaAlpha. Unrealized investment gains from White Mountains's investment in MediaAlpha were $19 million in the first quarter of 2022 compared to net realized and unrealized investment losses from White Mountains's investment in MediaAlpha of $42 million in the first quarter of 2021.
Excluding MediaAlpha, net realized and unrealized investment gains were $32 million in the first quarter of 2022 compared to net realized and unrealized investment gains of $2 million in the first quarter of 2021. Net investment income was $2 million in the first quarter of 2022 compared to $7 million in the first quarter of 2021.
White Mountains's Other Operations segment reported general and administrative expenses of $29 million in the first quarter of 2022 compared to $36 million in the first quarter of 2021. The decreases in general and administrative expenses in the first quarter of 2022 compared to the first quarter of 2021 were driven primarily by lower incentive compensation costs.
Share Repurchases
In the first quarter of 2022, White Mountains repurchased and retired 37,435 of its common shares for $39 million at an average share price of $1,038.82, or 86% of White Mountains's March 31, 2022 adjusted book value per share.
In the first quarter of 2021, White Mountains repurchased and retired 7,161 of its common shares for $7 million at an average share price of $1,038.96, or 84% of White Mountains's March 31, 2021 adjusted book value per share.
Investments
The total consolidated portfolio return was 0.8% in the first quarter of 2022. Excluding MediaAlpha, the total consolidated portfolio return was 0.3% in the first quarter of 2022. The total consolidated portfolio return was -0.3% in the first quarter of 2021. Excluding MediaAlpha, the total consolidated portfolio return was 0.7% in the first quarter of 2021.
Mark Plourde, President of White Mountains Advisors, said, "Excluding MediaAlpha, the total portfolio was up 0.3%. Strong returns in the equity portfolio more than offset mark-to-market losses in the fixed income portfolio driven by rising interest rates. Our short duration fixed income portfolio returned -3.2%, ahead of the BBIA Index return of -4.7%. The equity portfolio, excluding MediaAlpha, returned 5.0%, well ahead of the S&P 500 return of -4.6%, driven primarily by gains from private equity funds and Kudu's participation contracts."
Additional Information
White Mountains is a Bermuda-domiciled financial services holding company traded on the New York Stock Exchange and the Bermuda Stock Exchange under the symbol WTM. Additional financial information and other items of interest are available at the Company's website located at www.whitemountains.com. White Mountains expects to file its Form 10-Q today with the Securities and Exchange Commission and urges shareholders to refer to that document for more complete information concerning its financial results.
Regulation G
This earnings release includes non-GAAP financial measures that have been reconciled from their most comparable GAAP financial measures.
- Adjusted book value per share is a non-GAAP financial measure which is derived by adjusting (i) the GAAP book value per share numerator and (ii) the common shares outstanding denominator, as described below.
The GAAP book value per share numerator is adjusted (i) to include a discount for the time value of money arising from the modeled timing of cash payments of principal and interest on the BAM surplus notes and (ii) to add back the unearned premium reserve, net of deferred acquisition costs, at HG Global.
Under GAAP, White Mountains is required to carry the BAM surplus notes, including accrued interest, at nominal value with no consideration for time value of money. Based on a debt service model that forecasts operating results for BAM through maturity of the surplus notes, the present value of the BAM surplus notes, including accrued interest and using an 8% discount rate, was estimated to be $125 million, $130 million and $142 million less than the nominal GAAP carrying values as of March 31, 2022, December 31, 2021 and March 31, 2021, respectively.
The value of HG Global's unearned premium reserve, net of deferred acquisition costs, was $160 million, $159 million and $146 million as of March 31, 2022, December 31, 2021 and March 31, 2021, respectively.
White Mountains believes these adjustments are useful to management and investors in analyzing the intrinsic value of HG Global, including the value of the BAM surplus notes and the value of the in-force business at HG Re, HG Global's reinsurance subsidiary.
The denominator used in the calculation of adjusted book value per share equals the number of common shares outstanding adjusted to exclude unearned restricted common shares, the compensation cost of which, at the date of calculation, has yet to be amortized. Restricted common shares are earned on a straight-line basis over their vesting periods. The reconciliation of GAAP book value per share to adjusted book value per share is included on page 7.
- BAM's gross written premiums and MSC from new business is a non-GAAP financial measure, which is derived by adjusting gross written premiums and MSC collected (i) to include the present value of future installment MSC not yet collected and (ii) to exclude the impact of gross written premium adjustments related to policies closed in prior periods. White Mountains believes these adjustments are useful to management and investors in evaluating the volume and pricing of new business closed during the period. The reconciliation from GAAP gross written premiums to gross written premiums and MSC from new business is included on page 14.
- Ark's adjusted loss and loss adjustment expense ratio, adjusted insurance acquisition expense ratio, adjusted other underwriting expense ratio and adjusted combined ratio are non-GAAP financial measures, which are derived by adjusting the GAAP ratios to add back the impact of whole-account quota-share reinsurance arrangements attributable to third-party capital providers for Ark's Lloyd's syndicates. The impact of these reinsurance arrangements relates to years of account prior to White Mountains's transaction with Ark. White Mountains believes these adjustments are useful to management and investors in evaluating Ark's results on a fully aligned basis (i.e., 100% of the syndicates' results). The reconciliation from the GAAP ratios to the adjusted ratios is included on page 15.
- NSM's EBITDA, adjusted EBITDA and pro forma adjusted EBITDA are non-GAAP financial measures.
EBITDA is a non-GAAP financial measure that excludes interest expense on debt, income tax (expense) benefit, depreciation and amortization of other intangible assets from GAAP net income (loss).
Adjusted EBITDA is a non-GAAP financial measure that excludes certain other items in GAAP net income (loss) in addition to those excluded from EBITDA. The adjustments relate to (i) change in fair value of contingent consideration, (ii) non-cash equity-based compensation expense, (iii) impairments of intangible assets, (iv) loss on assets held for sale, (v) transaction expenses, (vi) investments made in the development of new business lines, (vii) restructuring expenses and (viii) legal settlements. A description of each follows:
Pro forma adjusted EBITDA is a non-GAAP financial measure that starts with adjusted EBITDA and also (i) includes the earnings (losses) of acquired businesses for the period of time over the previous 12 months that the businesses were not owned by NSM and (ii) removes the earnings (losses) for the previous 12 months related to businesses sold by NSM.
White Mountains believes that these non-GAAP financial measures are useful to management and investors in evaluating NSM's performance. White Mountains also believes that pro forma adjusted EBITDA is useful to management and investors in understanding the full earnings profile of NSM's business as of the end of any 12-month period. See page 16 for the reconciliation of NSM's GAAP net income (loss) to EBITDA, adjusted EBITDA and pro forma adjusted EBITDA.
- Kudu's EBITDA, adjusted EBITDA, annualized adjusted EBITDA and annualized revenue are non-GAAP financial measures.
EBITDA is a non-GAAP financial measure that excludes interest expense on debt, income tax (expense) benefit, depreciation and amortization of other intangible assets from GAAP net income (loss).
Adjusted EBITDA is a non-GAAP financial measure that excludes certain other items in GAAP net income (loss) in addition to those excluded from EBITDA. The adjustments relate to (i) net realized and unrealized investment gains (losses) on Kudu's revenue and earnings participation contracts, (ii) non-cash equity-based compensation expense and (iii) transaction expenses. A description of each adjustment follows:
Annualized adjusted EBITDA is a non-GAAP financial measure that (i) annualizes partial year revenues related to Kudu's revenue and earnings participation contracts acquired during the previous 12-month period and (ii) removes revenues related to revenue and earnings participation contracts sold during the previous 12-month period.
Annualized revenue is a non-GAAP financial measure that adds the adjustments for annualized adjusted EBITDA to GAAP net investment income revenue.
White Mountains believes that these non-GAAP financial measures are useful to management and investors in evaluating Kudu's performance. White Mountains also believes that annualized adjusted EBITDA is useful to management and investors in understanding the full earnings profile of Kudu's business as of the end of any 12-month period. See page 17 for the reconciliation of Kudu's GAAP net income (loss) to EBITDA, adjusted EBITDA and annualized adjusted EBITDA.
- Total consolidated portfolio return excluding MediaAlpha and total equity portfolio return excluding MediaAlpha are non-GAAP financial measures that remove the net investment income and net realized and unrealized investment gains (losses) from White Mountains's investment in MediaAlpha. White Mountains believes these measures to be useful to management and investors by showing the underlying performance of White Mountains's investment portfolio and equity portfolio without regard to White Mountains's investment in MediaAlpha. The following tables present reconciliations from GAAP to the reported percentages:
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
This earnings release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included or referenced in this release which address activities, events or developments which White Mountains expects or anticipates will or may occur in the future are forward-looking statements. The words "could", "will", "believe", "intend", "expect", "anticipate", "project", "estimate", "predict" and similar expressions are also intended to identify forward-looking statements. These forward-looking statements include, among others, statements with respect to White Mountains's:
- change in book value per share, adjusted book value per share or return on equity;
- business strategy;
- financial and operating targets or plans;
- incurred loss and loss adjustment expenses and the adequacy of its loss and loss adjustment expense reserves and related reinsurance;
- projections of revenues, income (or loss), earnings (or loss) per share, EBITDA, adjusted EBITDA, dividends, market share or other financial forecasts of White Mountains or its businesses;
- expansion and growth of its business and operations; and
- future capital expenditures.
These statements are based on certain assumptions and analyses made by White Mountains in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. However, whether actual results and developments will conform to its expectations and predictions is subject to risks and uncertainties that could cause actual results to differ materially from expectations, including:
- the risks that are described from time to time in White Mountains's filings with the Securities and Exchange Commission, including but not limited to White Mountains's Annual Report on Form 10-K for the fiscal year ended December 31, 2021;
- claims arising from catastrophic events, such as hurricanes, earthquakes, floods, fires, severe winter weather, public health crises, terrorist attacks, explosions, infrastructure failures, cyber-attacks or armed conflicts;
- recorded loss reserves subsequently proving to have been inadequate;
- the market value of White Mountains's investment in MediaAlpha;
- the trends and uncertainties from the COVID-19 pandemic, including judicial interpretations on the extent of insurance coverage provided by insurers for COVID-19 pandemic related claims;
- business opportunities (or lack thereof) that may be presented to it and pursued;
- actions taken by ratings agencies, such as financial strength or credit ratings downgrades or placing ratings on negative watch;
- the continued availability of capital and financing;
- deterioration of general economic, market or business conditions, including due to outbreaks of contagious disease (including the COVID-19 pandemic) and corresponding mitigation efforts;
- competitive forces, including the conduct of other insurers;
- changes in domestic or foreign laws or regulations, or their interpretation, applicable to White Mountains, its competitors or its customers; and
- other factors, most of which are beyond White Mountains's control.
Consequently, all of the forward-looking statements made in this earnings release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by White Mountains will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, White Mountains or its business or operations. White Mountains assumes no obligation to publicly update any such forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Rob Seelig
(603) 640-2212
View original content:
SOURCE White Mountains Insurance Group, Ltd. | https://www.ksla.com/prnewswire/2022/05/06/white-mountains-reports-first-quarter-results/ | 2022-05-06T12:50:03Z | https://www.ksla.com/prnewswire/2022/05/06/white-mountains-reports-first-quarter-results/ | false | 18 |
JACK HUGHES EXPRESSES FULL CONFIDENCE IN HEAD COACH LINDY RUFF
In the New Jersey Devils' exit interviews, almost every player was asked about head coach Lindy Ruff & his future in New Jersey. Ruff has a pretty terrible record in New Jersey, but in fairness the team hasn't been great...
www.markerzone.com | https://www.newsbreak.com/news/2589393278575/jack-hughes-expresses-full-confidence-in-head-coach-lindy-ruff | 2022-05-06T12:52:18Z | https://www.newsbreak.com/news/2589393278575/jack-hughes-expresses-full-confidence-in-head-coach-lindy-ruff | true | null |
Temperatures in the 60s are expected for the Carbondale area. It looks like it will be a comfortable 61 degrees. A 52-degree low is forecasted. Periods of thunderstorms are expected today. You may want to stay in today, as there is a 75% chance of rain. Friday's winds could be brisk, with winds reaching 16 miles per hour, coming from Northwest. Special National Weather Service Alert: River Flood Warning is in effect. This report is created automatically with weather data provided by TownNews.com. Keep an eye on thesouthern.com for forecast information and severe weather updates.
Here is today's weather outlook for May. 6, 2022 in Carbondale, IL
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A twister raged though southeast Wichita and Andover on Friday night, damaging 50 to 100 buildings. Officials were still assessing the scene Saturday morning.
Check out our latest weather forecast.
Mostly showers today in central Illinois, but storms look likely for the southern part of the state and a few could be severe. Rain is expected for Friday as well. Full details in our latest forecast.
As a cold front sweeps across Illinois, temps will be falling for many. See how much temperatures will drop today and tonight and how long the rain will be sticking around in our latest forecast.
With a warm front working across the state Thursday, showers and storms are coming back. A few storms in southern Illinois could produce damaging wind and hail. Here's the latest information.
Temperatures will be warm Saturday in Carbondale. It looks like it will be a pleasant 75 degrees. 55 degrees is today's low. The area will see…
Temperatures will be warm Tuesday in Carbondale. It looks to reach a comfortable 72 degrees. Today's forecasted low temperature is 48 degrees.…
Carbondale folks will see warm temperatures today. The forecast calls for it to be a comfortable 76 degrees. A 64-degree low is forecasted. Pe… | https://thesouthern.com/weather/here-is-todays-weather-outlook-for-may-6-2022-in-carbondale-il/article_849ee05a-05be-5a5b-955b-9b7e7f3ff449.html | 2022-05-06T12:52:33Z | https://thesouthern.com/weather/here-is-todays-weather-outlook-for-may-6-2022-in-carbondale-il/article_849ee05a-05be-5a5b-955b-9b7e7f3ff449.html | false | 1 |
JACKSONVILLE, Fla. – Mother’s Day is typically a time for celebration, but for some moms, Sunday marks another year to mourn a child lost to gun violence.
The Silent Woman Speaking Foundation is holding its second annual brunch for moms who have lost children to violence. The founder wants this to become a nationwide event to help prevent other moms from experiencing the same heartbreak.
“When I did my research, I didn’t find any organizations out here that was setting up for these moms to actually come, to be able to grieve, be able to ask questions, be able to learn how to adapt, learning how to push through that adversity,” founder Haraka Carswell said.
Carswell said her goal is to bring love, awareness and education to mothers who have lived through tragedies so they don’t have to be in a dark place.
Melissa Jackson is one of the speakers at this year’s Mother’s Day Brunch. Her son, Corbin Jackson, was found dead in a wooded area in 2019. His death was ruled a murder and became the focus of a Tik Tok trend that led to a lot of people seeking out information on the case.
Jackson said Silent Women Speaking gives her a way to connect with mothers like her, who are experiencing the same pain.
“It’s so many of us that are going through so much and so much pain and just to have another ear that understands exactly how I feel,” Jackson said. “Because if you’re a mother that’s never lost a child you don’t know how it is to wake up in the middle of the night and hurt for them and want to hear their voices and so just to have a mother that understands that call. We know we have we’re sitting here we call each other when we need each other. We need that shoulder to cry on that understands.”
Carswell’s goal is to help those women adapt during the healing process so they won’t remain emotionally stagnant.
The Mother’s Day Brunch is Saturday and is invite-only, but anyone who has lost a child to violence can reach out to Carswell to participate.
For more information about Silent Women Speaking Foundation, you can email the organization at swsfoundation2022@gmail.com or call at 904-440-9178. | https://www.news4jax.com/news/local/2022/05/06/mothers-day-brunch-helps-moms-who-have-endured-pain-of-losing-child-to-gun-violence-connect/ | 2022-05-06T12:53:02Z | https://www.news4jax.com/news/local/2022/05/06/mothers-day-brunch-helps-moms-who-have-endured-pain-of-losing-child-to-gun-violence-connect/ | true | 1 |
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Camera Battery Market Growth Analysis 2022 | Demonstrates A Spectacular Growth By 2031 | https://www.taiwannews.com.tw/en/news/4530092 | 2022-05-06T12:53:10Z | https://www.taiwannews.com.tw/en/news/4530092 | true | 116 |
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Ponni Sugars (Erode) jumps 36% in four days
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Sales rise 11.16% to Rs 69.43 crore
Net profit of Ponni Sugars (Erode) rose 42.48% to Rs 11.27 crore in the quarter ended March 2022 as against Rs 7.91 crore during the previous quarter ended March 2021. Sales rose 11.16% to Rs 69.43 crore in the quarter ended March 2022 as against Rs 62.46 crore during the previous quarter ended March 2021.For the full year,net profit rose 13.99% to Rs 29.25 crore in the year ended March 2022 as against Rs 25.66 crore during the previous year ended March 2021. Sales rose 12.54% to Rs 288.35 crore in the year ended March 2022 as against Rs 256.23 crore during the previous year ended March 2021.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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DENVER — A former Colorado police officer shown on body camera video roughly arresting a 73-year-old woman with dementia and later seen joking about it with colleagues was sentenced Thursday to five years in prison.
Austin Hopp arrested Karen Garner in 2020 after she left a store without paying for about $14 worth of items in Loveland, about 50 miles (80 kilometers) north of Denver. Police body camera video shows that after she turned away from him, he grabbed her arm and pushed her to the ground, still holding the wildflowers she had been picking as she walked through a field.
Hopp had faced anywhere from probation up to eight years behind bars after pleading guilty to second-degree assault in March under a deal with prosecutors that was opposed by Garner's family. He had faced a mandatory prison sentence of between 10 and 32 years under an original, more serious assault charge.
The footage shows that when Hopp had Garner pushed against the hood of his car, she tried to turn around and repeated that she was trying to go home. He then pushed her back against the car and moved her bent left arm up near her head, holding it, saying, "Are you finished? Are you finished? We don't play this game."
A federal lawsuit that Garner filed claimed he dislocated her shoulder. The city settled the lawsuit for $3 million, money which her family has said will pay for the around-the-clock care she has required after her condition deteriorated following her arrest.
Police station surveillance video released by Garner's lawyer showed Hopp and others talking and at times laughing or joking about the arrest as they watch the body camera footage with Garner in a holding cell nearby. At one point, Hopp told the others to listen for the "pop" during the part of footage when Garner's shoulder was allegedly dislocated.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://health.wusf.usf.edu/npr-health/npr-health/2022-05-06/former-policeman-is-sentenced-to-5-years-for-the-rough-arrest-of-a-woman-with-dementia | 2022-05-06T12:55:05Z | https://health.wusf.usf.edu/npr-health/npr-health/2022-05-06/former-policeman-is-sentenced-to-5-years-for-the-rough-arrest-of-a-woman-with-dementia | false | 30 |
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Kangana Ranaut headlined TV reality show Lock Upp is finally heading towards its Finale. As per the recent development, Poonam Pandey has been evicted from the popular reality show and recently she took to her social media space and gave a glimpse at the celebratory welcome she received at home. However, she even shared how she wishes to be a part of Bigg Boss.
Taking to her Instagram handle, Pandey dropped a video as she receives a warm welcome after reaching home. Sharing the clip, she mentioned in the caption, "Finally Home!!!!!! Missing my jail ❤️ LOCK UPP YOU ROCK! #Badass Kaidi 😜 @altbalaji @ektarkapoor @mxplayer @lockuppgame." Watch the video here:
Alt Balaji has shared a new promo video on its official Instagram handle which sees Poonam Pandey in tears after listening to jailer Karan Kundrra's encouraging words. Karan said, "We are glad that you did this show. You have outperformed what you thought you were capable of. And today, what you’ve done, you’re badass. You are not leaving this place because you lost, you are going out as a fighter. No one has evicted you. You fought, you proved yourself, and you’re going out with a standing ovation."
Now, in a recent interview with Bollywood Life, Poonam said that she is so grateful that something like Lock Upp happened in her life. She continued,
"I am very thankful to the makers of the show for taking such good care of all of us. After being a part of this show, now I can be a part of Bigg Boss as well".
Prior to joining the show, Poonam Pandey said in a conversation with Indian Express that for her, working with Kangana Ranaut was another reason to be in Lock Upp. She further added that Ranaut has inspired her for a very long time and she really likes women who are opinionated and not scared of anyone. "Honestly, we girls are conditioned and trained to be a certain way. And when someone breaks that image and becomes who they want to be, that’s so beautiful. She has broken past the prejudiced system and I can’t wait to interact with her," added the 31-year-old.
Get the latest entertainment news from India & around the world. Now follow your favourite television celebs and telly updates. Republic World is your one-stop destination for trending Bollywood news. Tune in today to stay updated with all the latest news and headlines from the world of entertainment. | https://www.republicworld.com/entertainment-news/television-news/poonam-pandey-evicted-from-kangana-ranauts-lock-upp-wishes-to-be-a-part-of-bigg-boss-articleshow.html | 2022-05-06T12:56:53Z | https://www.republicworld.com/entertainment-news/television-news/poonam-pandey-evicted-from-kangana-ranauts-lock-upp-wishes-to-be-a-part-of-bigg-boss-articleshow.html | false | 1 |
Mr Kwaku Ampratwum Sarpong, the Deputy Minister of Foreign Affairs and Regional Integration, has called on the Economic Community of West African States (ECOWAS) to address conflicts and challenges impeding trade integration.
He said although the bloc had emerged as one of the most vibrant in the African Sub-region, it fell behind in the realisation of trade integration and the elimination of conflicts.
The Deputy Minister was addressing the opening of a regional sensitisation workshop on the ECOWAS protocols in Ho on Thursday.
He said member states must endeavor to pursue the implementation of the protocols and policies towards the maintenance of peace and security.
“ECOWAS, being better integrated than other Regional Economic Communities in Africa, does not imply that it has achieved total peace nor has the best infrastructure in the Sub-region,” he said.
“Rather this means that despite other challenges, the ECOWAS Member States continuously strive to ensure the implementation, at the national level, of the various community protocols, programmes and policies needed to connect the citizenry while trading in the Sub-region.”
Mr Sarpong said member states should exploit comparative advantages in integrating their economies towards more efficient use of resources.
He called on participants to discuss security instability withing the bloc because regional integration was inextricably woven into the fabric of peace and security rather than just an economic issue.
“Being fully aware that economic development cannot be achieved in the absence of peace and stability, conflict in our backyard should concern us and motivate us not only to find solutions but also to prevent its spread,” the Deputy Minister said.
The Ministry of Foreign Affairs, in collaboration with Media Response and the Volta Regional Coordinating Council, facilitated the workshop.
It was attended by security services, state actors, civil society groups,religious and traditional leaders.
Dr Archibald Yao Letsa, the Volta Regional Minister, shared concerns over the pace of development of the regional bloc and expressed the hope that the workshop and similar initiatives would help attain the integration objectives. | https://newsghana.com.gh/address-conflicts-challenges-impeding-trade-integration-ecowas-urged/ | 2022-05-06T12:59:53Z | https://newsghana.com.gh/address-conflicts-challenges-impeding-trade-integration-ecowas-urged/ | false | 1 |
Will Triangle housing prices start to dip?
RALEIGH, N.C. (WNCN) — While the housing market is still a challenge right now, housing prices are starting to fall in some parts of the country.
Experts with Realtor.com said housing prices are starting to flatten, or dip, in some communities nationwide because prices are just too high for people to afford.
CBS 17 asked Raleigh Association of Realtors President Leslie Williams if we could see that same trend locally.
“We should see some decline, but I wouldn’t say a huge percentage point to the degree where we’re not going to see, you know, $100,000 over the previous year just because of the low inventory,” Williams said.
Another thing that’s keeping the prices high — the amount of people wanting to move here.
“We have RTP, we have the pharmaceutical, we have the technology, you know, and we’ve got the best universities,” Williams said.
Many of the people coming here are also moving from more expensive cities.
“Those individuals who are moving here for work, for example, still see us as affordable, compared to other areas,” Williams said.
Williams says the realtors association is having conversations with local leaders and builders about building more affordable housing, but it’s going to take time to make it happen.
Copyright 2022 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.For the latest news, weather, sports, and streaming video, head to CBS17.com. | https://www.newsbreak.com/news/2589027573790/will-triangle-housing-prices-start-to-dip | 2022-05-06T13:00:00Z | https://www.newsbreak.com/news/2589027573790/will-triangle-housing-prices-start-to-dip | false | 4 |
Saint-Maximin reveals what he needs to do to make France's World Cup squad and his Ballon d'Or dream
Allan Saint-Maximin has revealed his determination to earn a call-up to France’s World Cup squad and admits he dreams of one day winning the Ballon d'Or.
The Newcastle forward has earned international recognition from U16 through to U21 level but has yet to receive a senior call-up from boss Didier Deschamps.
However, he has not given up hope of breaking into the side in time for France's defence of the World Cup in Qatar later this year.
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Saint-Maximin on his international ambitions
Speaking to GOAL, Saint-Maximin admits he faces intense competition for a place in Deschamps' squad.
He cites the example of RB Leipzig forward Christopher Nkunku, who has performed well for several years but only earned his first cap in March.
Despite that competition the prospect of competing at the World Cup in Qatar is never far from Saint-Maximin's thoughts and has done little to quell his determination to earn a call-up.
“We know the quality of the France team. There are players of very, very high level,” he said.
“We even see it with a player like Nkunku who performed really well, whether in the Champions League or at the club, who still took a lot of time before being called up.
“It means that the coach is very demanding, that it is not just a question of statistics or qualities. I also think the coach is thinking about how a new player will be able to incorporate himself into the group and how he will be able to help the France team play better football.
"So I think that when I have ticked all these boxes, maybe I will have the chance to finally be selected.”
Asked what he needs to do in order to break into the France squad, Saint-Maximin added: “I know it's all about work. In any case, I will continue to work. I will continue to perform well and help my club.
“It's hard not to think about it [the World Cup]. It remains an objective for any French person to represent his country, to compete in major competitions like this.
“When France's team won the World Cup, it was something incredible. Besides, I had friends who were there too.
“To see them so joyful and to see them perform for our country, it was really, even for me who was not called up, thrilling. So I can't even imagine the feeling they must have felt.
“In life, you always get what you deserve. I will continue to work in the hope that I will have the chance to be called up one day.”
Saint-Maximin on his Newcastle form
Since joining Newcastle in 2019, the club has spent most of the time in the lower reaches of the Premier League table, which Saint-Maximin believes has limited his attacking output.
Despite his attacking flair he has just five goals and four assists from 38 appearances in all competitions so far this season.
However, that could soon change following the Saudi-backed takeover of the club, with the new owners promising to provide huge investment that could transform the Magpies’ fortunes.
“We have an exceptional group, but we don't often have the ball. We try to give everything to offer something interesting, to make sure we are a team that is difficult to beat, but we're not going to lie to each other, we're not Barcelona or Liverpool either,” said the 25-year-old.
“I know my qualities, I know what I am capable of doing. When you look more closely, most of my goals were scored on individual achievements. I don't really put goals where I get gifts and I just have to finish one-on-one against the goalkeeper.
“All the people who train with me or who have played with me have seen my true qualities and don't have to wait until I'm in a top club or playing with great players to know that I have the level to play in the Champions League or for, maybe one day, win the Ballon d'Or.
“For example, when I saw Kylian [Mbappe at Monaco] for the first time, I knew very well that he had the ability and the potential to do everything he is doing today and that he was going to become one of the best players in the world if not the best.
“We have already made very big performances and we know that with what is happening, with the acquisition of the club, we will be able to really give the Newcastle fans what they deserve.
“So I'm really very focused on that. We have to finish the season well and we'll see what happens next.”
What did Saint-Maximin say about the Ballon d'Or?
Saint-Maximin’s ambitions extend beyond simply breaking into the France squad - he wants to join the likes of Zinedine Zidane, Ronaldinho Lionel Messi and Cristiano Ronaldo by lifting the Ballon d’Or.
“When I talk about the Ballon d'Or, it's a dream. I think any player dreams of winning the Ballon d'Or. It's a kid's dream," he said. "Of course, I am very far from the Ballon d'Or at the moment, but in terms of quality, I think I'm able to do it.” | https://www.goal.com/en-cm/news/saint-maximin-france-world-cup-squad-ballon-dor/blt92890076ee65bb26 | 2022-05-06T13:03:25Z | https://www.goal.com/en-cm/news/saint-maximin-france-world-cup-squad-ballon-dor/blt92890076ee65bb26 | true | 7 |
VANCOUVER, British Columbia (AP) _ Telus Corp. (TU) on Friday reported first-quarter profit of $304 million.
The Vancouver, British Columbia-based company said it had net income of 22 cents per share. Earnings, adjusted for non-recurring costs, were 24 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The telecommunications company posted revenue of $3.38 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $3.41 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TU at https://www.zacks.com/ap/TU | https://www.thehour.com/business/article/Telus-Q1-Earnings-Snapshot-17153744.php | 2022-05-06T13:06:15Z | https://www.thehour.com/business/article/Telus-Q1-Earnings-Snapshot-17153744.php | true | null |
Morning newscast for May 6, 2022 Published May 6, 2022 at 7:13 AM CDT Listen • 3:00 Ways To Subscribe Apple Spotify Amazon Alexa Google Stitcher Here's a roundup of regional headlines from the KBIA newsroom:Missouri Republican leaders tout strong abortion restrictions. Here’s what residents thinkVoters to decide elevated status for Missouri National GuardNew Missouri state park gets a literary nameMissouri senators back $500 tax refund for individuals | https://www.kbia.org/podcast/kbia-newscast/2022-05-06/morning-newscast-for-may-6-2022 | 2022-05-06T13:10:53Z | https://www.kbia.org/podcast/kbia-newscast/2022-05-06/morning-newscast-for-may-6-2022 | false | null |
Amber Copied Lines From These Movies and Books to Act During Depp Court Trial?
Johnny Depp sued his ex-wife Amber Heard for $50 million dollars over an op-ed she wrote for the Washington Post in 2018.
On May 4th, the world witnessed Amber Heard testify to the court in the ongoing defamation case. When the judge asked her how she felt about the Jonny Depp suing her, she said, “I struggle to find the words to describe how painful and horrible it is for me to sit here for weeks and relive everything.”
Johnny Depp’s fans have come up with a theory that Amber Heard’s testimony consists of various lines from movies, tv shows, and books such as The Talented Mr. Ripley, White Chicks, Notting Hill, Reservoir Dogs, Mildred Pearce, I Am A Killer, Alpha Dog, Maid, and Zombieland.
This one page on Instagram posted a screenshot comparing the opening lines of Amber Heard’s testimony and a scene from The Talented Mr. Ripley to show the similarities between the lines.
Another Instagram user D.Daniels says, “So Amber said Jhonny grabbed a flight attendant's wrist slammed it down, and said how a few pounds of pressure he could it… something along those lines. Well here’s another scene ripped right out of True Detective season one that sounds very familiar to what she said.” | https://english.sakshi.com/news/entertainment/amber-copied-lines-these-movies-and-books-act-during-depp-court-trial-154687 | 2022-05-06T13:11:43Z | https://english.sakshi.com/news/entertainment/amber-copied-lines-these-movies-and-books-act-during-depp-court-trial-154687 | true | 1 |
Chennai, May 6 (PTI) The operation of summons issued by the Enforcement Directorate (ED) requiring Tamil Nadu Electricity Minister V Senthilbalaji and others to appear before it in connection with a money laundering case was stayed by the Madras High Court on Friday.
Also Read | Apple Stops Accepting Credit, Debit Cards for Subscriptions & App Purchases in India.
A vacation bench of Justices R Mahadevan and S Ananthi, which granted the injunction while passing interim orders on a plea from Balaji's brother Shanmugam, directed the ED to file its counter and posted the matter for further hearing after four weeks.
Also Read | Odisha Shocker: 44-Year-Old Woman Killed for Resisting Rape Bid in Larkipali.
Senthilbalaji was the Transport minister in the earlier AIADMK government, led by the late J Jayalalithaa. There were allegations against him that he had received huge amounts as bribe from various persons for appointing them as drivers and conductors in the Transport Corporations. In connection with these allegations, three FIRs were registered against him which culminated in chargesheets filed against him and those chargesheets were now pending before the Assistant Sessions Court (Special Court for trial of criminal cases relating to MPs and MLAs).
Since the chargesheets disclosed the commission of a scheduled offence under the Prevention of Money-Laundering Act and Sec. 420 of the IPC, the ED registered a case against Senthilbalaji and others in July 2021 and took up investigation. It filed individual applications before the Special Court, seeking certified copies of certain documents.
And the Special Court, by three separate orders passed in November, 2021 directed the issuance of certified copies of some documents such as final report, complaint and FIR and 161 CrPC statements. It, however, refused to grant the certified copies of unmarked documents. Aggrieved, the ED filed three criminal original petitions in the High Court. A division bench of Justices PN Prakash and A A Nakkiran on March 30 directed the Special Court to furnish the documents required by the ED to go further with probing the corruption charges against the minister.
Aggrieved, the ED took up the matter to the Supreme Court, which stayed the March 30 orders of the High Court.
Later, the ED issued the summons requiring Senthilbalaji to appear before it on May 13 and the others on different dates.
Challenging this, one of the three accused, Shanmugam preferred the present petition, on which the vacation bench today passed the order staying the operation of the ED summons.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body) | https://www.latestly.com/agency-news/india-news-ed-summons-against-minister-tn-minister-stayed-3676534.html | 2022-05-06T13:11:47Z | https://www.latestly.com/agency-news/india-news-ed-summons-against-minister-tn-minister-stayed-3676534.html | true | 2 |
Effective: 2022-05-06 04:23:00 EDT Expires: 2022-05-06 20:00:00 EDT Urgency: Expected Severity: Minor Certainty: Likely Instruction: Turn around, don`t drown when encountering flooded roads. Most flood deaths occur in vehicles. To report flooding, go to our website at weather.gov/iln and submit your report via social media, when you can do so safely. Target Area: Brown; Clark; Clermont; Clinton; Highland; Licking; Madison; Pickaway; Warren FLOOD ADVISORY IN EFFECT UNTIL 1015 AM EDT THIS MORNING * WHAT...Flooding caused by excessive rainfall is expected. * WHERE...Portions of Central Ohio, South Central Ohio, Southwest Ohio and West Central Ohio, including the following counties, in Central Ohio, Delaware, Fairfield, Fayette OH, Franklin OH, Licking, Madison and Pickaway. In South Central Ohio, Highland. In Southwest Ohio, Brown, Clermont, Clinton, Hamilton and Warren. In West Central Ohio, Clark and Greene. * WHEN...Until 1015 AM EDT. * IMPACTS...Minor flooding in low-lying and poor drainage areas. Water over roadways. * ADDITIONAL DETAILS - At 721 AM EDT, radar indicated heavy rain. Minor flooding is ongoing or expected to begin shortly in the advisory area. Between 0.5 and 1.5 inches of rain have fallen. Additional rainfall amounts of 1 to 2 inches are possible. - Some locations that may experience flooding include Columbus, Cincinnati, Dublin, Westerville, Reynoldsburg, Grove City, Upper Arlington, Gahanna, Mason, Hilliard, Pickerington, Washington Court House, Worthington, Bexley, Wilmington, Blue Ash, Loveland, Reading, Montgomery and London. | https://www.newsbreak.com/news/2589034264103/flood-advisory-issued-for-baraga-houghton-by-nws | 2022-05-06T13:12:45Z | https://www.newsbreak.com/news/2589034264103/flood-advisory-issued-for-baraga-houghton-by-nws | false | 6 |
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Susan L Trollinger, University of Dayton and William Trollinger, University of Dayton
(THE CONVERSATION) The Ark Encounter, an evangelical theme park located near Williamstown, Kentucky, has welcomed between 4 million and 5 million visitors since its opening in July 2016. Hundreds of thousands more are sure to visit this summer.
This theme park boasts a re-creation of the story of Noah’s Ark from the Bible. As described in Genesis 6:14-16, God directed Noah to build this ark to spare eight humans and a male and female pair of every kind of creature from the flood that God was going to unleash on the world as a punishment for sin.
As scholars of fundamentalism and creationism, we have visited the Ark Encounter multiple times. We have also written a book, “Righting America at the Creation Museum,” about the ark’s companion site, the Creation Museum in Petersburg, Kentucky.
What we find particularly striking about Ark Encounter is that it is a tourist site devoted to emphasizing – with great specificity – the wrathful nature of God and the eternal damnation that awaits unrepentant sinners.
What is Ark Encounter’s argument?
According to Answers in Genesis, the fundamentalist organization that launched Ark Encounter, and its CEO, Ken Ham, Ark Encounter is a centerpiece of AiG’s mission to “expose the bankruptcy of evolutionary ideas and bedfellow: a ‘millions of years old’ earth (and even older universe).”
So, according to AiG, when Genesis 1 says God created the Earth in six days, it literally means six 24-hour days. Similarly, when the Bible says Adam and Eve were created on the sixth day and gives details about their descendants and how long they lived, this is interpreted as recounting real history. And all of this means that, according to AiG, the Earth is “about 6,000 years old.”
While scientists have estimated the Earth to be about 4.5 billion years old, AiG counters by claiming that radiometric dating is not reliable. Instead, they assert that the catastrophic biblical flood created all the geological formations that make the Earth look ancient.
Over the past few decades, this argument has become a doctrinal touchstone for many American evangelicals.
An enormous structure
We most recently visited the Ark Encounter on March 15, 2022. Measuring 510 feet (155 metres) long, 85 feet (25 metres) wide, and 51 feet (15 metres) high, the Ark Encounter is, to quote one visitor we overheard, “so huge!”
After purchasing tickets that cost US$54.95 per adult, we and other visitors boarded buses and made the ascent up a long hill. Getting off the bus, we walked to the Ark, keenly aware of how small we were in relation to this ginormous structure.
Inside the Ark, visitors walk through three enormous decks, encountering rows of clay food storage containers, burlap sacks and animal cages. They observe over 100 bays featuring placards and digital animations that, among other things, go far beyond the Bible to explain Noah’s training in shipbuilding, carpentry and blacksmithing. The same creativity applies to the various displays explaining how eight human beings on the Ark fed, watered and managed the waste of 7,000 or so creatures.
Visitors also walk through a life-size diorama of the plush living quarters of Noah’s family, where they learn about the skills, gifts and interests of Noah’s sons – details not included in Genesis. They also learn about Noah’s wife and his sons’ wives. The Bible never identifies these women by name, much less describes them. Nevertheless, the Ark gives them names, different ethnic complexions, biographies and even hobbies.
Notwithstanding the occasional placard acknowledging that designers have taken “artistic license” with these dioramas, we couldn’t help but notice how much of what is in the Ark is not actually found in the Bible.
But visitors to the Ark seem to embrace these dramatic additions to the biblical text. As religion scholar Paul Thomas observes in his new book, “Storytelling the Bible at the Creation Museum, Ark Encounter, and the Museum of the Bible,” the world created by the designers of the Creation Museum and Ark Encounter satisfies the evangelical longing “for a time and place governed by biblical principles, even if that idealized time and place … never really existed.”
A very angry God
AiG requires all Ark Encounter employees to affirm a 46-point faith statement. They must agree, for example, that “gender and biological sex are equivalent and cannot be separated,” modern understandings of “social justice” are “anti-biblical,” and all humans “are sinners” and “are therefore subject to God’s wrath and condemnation.”
This emphasis on the overwhelming wrath of God is perhaps the most noteworthy feature of Ark Encounter as a tourist site.
Genesis 7:16 states that, as the flood waters rose, God slammed shut the door into the Ark. Once shut, all the humans and animals on the other side of the door were doomed to drown.
According to a placard displayed at Ark Encounter, there may have been upwards of 20 billion people on Earth at the time of the Genesis flood, a number that would have included children and infants, not to mention the unborn.
Another placard asks, “Was it just for God to judge the whole world?” The answer: “Since He is the one who gave life, He has the right to take life. Secondly, God is perfectly just and must judge sin. Third, all have sinned and deserve death and judgment.”
Remarkably, Ark Encounter has placed a “keepsake photo” placard near the door that, in the Ark’s depiction, sealed the fate of all those on the other side. As we have witnessed every time we have toured Ark Encounter, happy visitors line up to have their photos taken in front of this door.
According to AiG, this ancient divine slaughter prefigures a future divine slaughter. As the Ark Encounter website puts it, “God will judge this wicked world once again, but this time it will be by fire … God always keeps His promises – judgment will come.” According to AiG, we can escape this fate by believing in Christ, but for the billions (past and present) who have not or do not, the result is “everlasting, conscious punishment in the lake of fire (hell).”
As historian Doug Frank makes clear in his 1986 book, “A Gentler God,” this understanding of a wrathful God is alive and well in American evangelicalism. Frank’s argument is supported by a 2014 Pew Research report that revealed that 82% of American evangelicals believe in a literal hell.
Millions of evangelicals visit Ark Encounter for all sorts of reasons, including, perhaps, its sheer immensity. That said, the message they get from Ark Encounter is clear and simple.
The wrathful God has determined that those who do not accept Jesus as savior, those who are resolutely on the wrong side of culture war issues like abortion and LGBTQ+ rights, will pay for their sin eternally.
[3 media outlets, 1 religion newsletter. Get stories from The Conversation, AP and RNS.]
The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts. The Conversation is wholly responsible for the content. | https://www.darientimes.com/news/article/At-a-popular-evangelical-tourist-site-the-Ark-17153865.php | 2022-05-06T13:17:10Z | https://www.darientimes.com/news/article/At-a-popular-evangelical-tourist-site-the-Ark-17153865.php | false | 14 |
Hickory May 6, 2022 2 hrs ago Facebook Twitter WhatsApp SMS Email Print Save View on PetFinder Love 0 Funny 0 Wow 0 Sad 0 Angry 0 Tags Wire Be the first to know Get local news delivered to your inbox! Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story Most Popular 2 carjacking suspects dead after jumping in Little Calumet River during police chase Two carjacking suspects have been pronounced dead after jumping into the Little Calumet River early Saturday morning. 2 women found shot to death inside their home, police say Both victims were pronounced dead at the scene by Lake County Coroner’s office. Here are the 2022 May primary election results Check out a list of local election results from the 2022 May primary. Rental home development moves forward in Crown Point A subdivision consisting of 185 single family rental homes is moving forward in Crown Point. Portillo's moves forward in Schererville The new restaurant would be the third-ever Portillo's to have a triple-lane drive-thru. Schererville couple's home renovation show to debut on HGTV this weekend A Schererville couple's new home renovation show will premier this weekend on HGTV. WATCH NOW: Firefighters battle 'pretty devastating' fire on Valparaiso University campus Valparaiso Fire Department requested mutual aid after a fire was reported in the Valparaiso University Art and Psychology building. Death of infant rushed to hospital ruled homicide, officials say The boy is the second Gary child to die as a result of abuse in April. Man deserves to spend life in prison for executing 2 teens, judge says "In a case like this, my conscience tells me you deserve all of this," the judge said. "You really do." WATCH NOW: Aftermath of Valparaiso University fire leaves building destroyed, officials say While the brick facade still stands, 80% of the roof collapsed and the interior of the building is destroyed.
2 carjacking suspects dead after jumping in Little Calumet River during police chase Two carjacking suspects have been pronounced dead after jumping into the Little Calumet River early Saturday morning.
2 women found shot to death inside their home, police say Both victims were pronounced dead at the scene by Lake County Coroner’s office.
Here are the 2022 May primary election results Check out a list of local election results from the 2022 May primary.
Rental home development moves forward in Crown Point A subdivision consisting of 185 single family rental homes is moving forward in Crown Point.
Portillo's moves forward in Schererville The new restaurant would be the third-ever Portillo's to have a triple-lane drive-thru.
Schererville couple's home renovation show to debut on HGTV this weekend A Schererville couple's new home renovation show will premier this weekend on HGTV.
WATCH NOW: Firefighters battle 'pretty devastating' fire on Valparaiso University campus Valparaiso Fire Department requested mutual aid after a fire was reported in the Valparaiso University Art and Psychology building.
Death of infant rushed to hospital ruled homicide, officials say The boy is the second Gary child to die as a result of abuse in April.
Man deserves to spend life in prison for executing 2 teens, judge says "In a case like this, my conscience tells me you deserve all of this," the judge said. "You really do."
WATCH NOW: Aftermath of Valparaiso University fire leaves building destroyed, officials say While the brick facade still stands, 80% of the roof collapsed and the interior of the building is destroyed. | https://www.nwitimes.com/hickory/article_a818be9e-a0e6-55e2-9596-45c3d02cfcc9.html | 2022-05-06T13:18:44Z | https://www.nwitimes.com/hickory/article_a818be9e-a0e6-55e2-9596-45c3d02cfcc9.html | true | 10 |
“Rock the Bus” exhibition to raise money for Pitt County art teacher supplies
Published: May. 6, 2022 at 8:31 AM EDT|Updated: 46 minutes ago
GREENVILLE, N.C. (WITN) -Emerge Gallery & Art Center will have their “Rock the Bus” exhibition today showcasing pieces from Pitt County educators with hopes to raise money for school arts supplies.
From 5:00 p.m. to 8:00 p.m. Friday the center will launch the Pitt County Schools Arts Educators Fund during Uptown Greenville’s First Friday ArtWalk of the year.
Their goal is to raise $20,000 for next school year to supply art teachers with materials and fuel budgets.
The exhibit will showcase pieces from Pitt County art educators from May 6 through May 26.
Click here to donate.
Copyright 2022 WITN. All rights reserved. | https://www.witn.com/2022/05/06/rock-bus-exhibition-raise-money-pitt-county-art-teacher-supplies/ | 2022-05-06T13:19:29Z | https://www.witn.com/2022/05/06/rock-bus-exhibition-raise-money-pitt-county-art-teacher-supplies/ | false | null |
The days of the cavernous big-box chain restaurant might be numbered. In a recent announcement to analysts, Outback Steakhouse executives said that they plan to grow the brand significantly over the next couple years—and they’ll do so by designing a new and smaller prototype, a more compact version of the Outback we all know (and, in some cases, presumably, love). In a post-pandemic landscape, it’s a tactic that might soon become the norm among other brands we associate with huge footprints. Why? Because we don’t dine the way we used to.
Why chain restaurants are getting smaller
Depending on your current comfort level with dining out at restaurants, it might shock you to hear that “off-premises orders” (either via takeout, delivery, third-party delivery, what have you) are still up 92% over 2019, according to data from market research firm The NPD Group and shared by Nation’s Restaurant News. But that doesn’t mean that traffic is still down in dining rooms—on-site dining is up, too. The post-pandemic consumer wants meals to be fast, convenient, and customizable to indoor, outdoor, or off-site experiences, depending on preference. Can you blame us? The industry utterly transformed itself to accommodate 2020's newfound reality, and it was inevitable that some of us would develop a taste for that multitude of options.
To run a successful hybrid operation with both a dining room and a delivery arm, though, a restaurant has to be careful about how it allocates resources, schedules employees, and streamlines menu items for maximum efficiency. For Outback, which does about 30% of its business via off-premises sales, that means the big, boxy restaurant design needed a makeover—one that reduced the overall size of each restaurant by 16%.
“We accomplished this by simplifying the configuration of the restaurant,” said Mark Graff, SVP of business development at Bloomin’ Brands (the excellently named parent company of Outback Steakhouse). “This included redesigning the back of the house and optimizing the layout of the dining room. Importantly, we did this without compromising the guest experience or the number of tables.”
Okay, so it’s not going to be any harder to grab a table at Outback. That’s good. Maybe the design just takes out some of that sheer acreage of negative space that I associate with my experience at any big-box dining chain, the laminate floor echoing with the sound of the server’s feet as they approach from miles away to take our order. That wouldn’t be the worst thing in the world, as long as no one is packed like sardines. (That’s the kind of treatment we expect at fancy restaurants with banquette seating, not our reasonably priced fast casual institutions!)
NRN also notes that higher volumes of delivery and takeout mean that the new restaurant design is “adding space for those channels” and would reduce building costs by about 20%. Those percentages might not seem significant, but with Outback poised to double its number of restaurants in the coming years, that adds up to a whole lot of sugar steaks.
In order to survive and thrive, the Outback of the Future must crack the code for designing a restaurant that caters to every type of diner: the one who wants to stroll in with a party of 6 for a Bloomin’ Onion, the one who wants to grab a Bloomin’ Onion on the way home from work, and the one who wants to manifest a Bloomin’ Onion from their couch by way of third-party delivery app. That requires savvy staffing so that the kitchen can handle the volume and variety of orders, and the servers on the floor aren’t overwhelmed by the in-house dinner rush. Whichever restaurant can figure all that out will win the Franchise Wars for sure. | https://thetakeout.com/the-future-might-be-full-of-petite-chain-restaurants-1848887397 | 2022-05-06T13:20:23Z | https://thetakeout.com/the-future-might-be-full-of-petite-chain-restaurants-1848887397 | false | 1 |
A good news for over 30 lakh students enrolled in Maharashtra Board affiliated schools - the evaluation process of both HSC (class 12) and SSC (class 10) board exams is coming to an end. This comes after a section of Maharashtra Board teachers had boycotted evaluation work. It was then anticipated that the results will be deferred, however, MSBSHSE officials have told media that the evaluation process is almost complete and results will be announced in June.
The Mumbai division of the state board stated that several teachers are delaying assessment work by boycotting the exam paper correction. It went on to say that in the cases of such delays, the moderators will be responsible for providing amended answer sheets to the board and bear the expense. This expense will have to be offset by a reduction in the allowance allocated to teachers for paper correction.
The matter, however, was resolved and the result deadlines are being upheld. While announcing exam dates, Maharashtra School Education Minister Varsha Gaikwad had said that “efforts are to declare the HSC results by the second week of June, 2022, and SSC results by the second week of July." Now, despite the delay, the officials claimed that the HSC results can be expected between June 5 and 10 and class 10 students can expect SSC results between June 15 and 20.
Over 14.72 lakh students had appeared for HSC exams and over 16.25 lakh students had registered for Maharashtra Board SSC exams. This year, SSC exams in Maharashtra were conducted from March 15 to April 18 and for HSC students, the exams were held from March 4 to April 7. The offline exams took place after two year gap due to the pandemic.
Once announced, result will be available at official websites, mahahsscboard.in,
msbshse.co.in, mh-ssc.ac.in, mahresult.nic.in, and News18.com. To check score at news18.com students can fill the form given below -
Despite protests from students, the Maharashtra Board remained adamant and had held offline exams. During the exams, photos of question papers had surfaced online. Maharashtra School Education Minister Varsha Gaikwad had refuted the claims and called the leak a ‘false propaganda.’ “Class 12 chemistry question paper is not leaked. The alleged leaked paper is torn, false propaganda is being spread through some social media. There is no fact in it,” the Minister had said. Several reports of mass cheating, use of phone inside the exam hall were also reported.
Read all the Latest News , Breaking News and IPL 2022 Live Updates here. | https://www.news18.com/news/education-career/maharashtra-hsc-ssc-result-in-june-evaluation-near-completion-mahresult-nic-in-msbshse-co-in-5123071.html | 2022-05-06T13:21:14Z | https://www.news18.com/news/education-career/maharashtra-hsc-ssc-result-in-june-evaluation-near-completion-mahresult-nic-in-msbshse-co-in-5123071.html | false | 2 |
ROME (AP)Gesticulating on the touchline in a black vest and a gray hooded sweatshirt, Jose Mourinho could have easily been mistaken for one of the 70,000 fans inside the Stadio Olimpico.
The outspoken Portuguese coach had told Roma supporters before the Europa Conference League semifinal that they shouldn’t come to the stadium just ”to watch” the game but rather ”to play” it.
Well, the fans did their part by creating a loud, suffocating atmosphere for 90 minutes and Mourinho did his job by directing Roma to a 1-0 win (2-1 on aggregate) over Leicester on Thursday and a spot in the final.
”It’s a victory of a family,” Mourinho said, ”Not just the one that was on the pitch and on the bench but also inside the stadium. That is our greatest achievement, this empathy and sense of family we have created with the fans.”
It will mark the fifth European final of Mourinho’s career – and he has won all four that he’s coached in so far – over a span of nearly two decades: the 2003 UEFA Cup and 2004 Champions League finals with Porto; the 2010 Champions League final with Inter Milan; and the 2017 Europa League final with Manchester United.
”I’ve had the fortune to play in bigger and more prestigious finals than this one,” Mourinho said. ”But in terms of the way we’ve created a family atmosphere here, it makes me feel special.
”Over the years I’ve become less egocentric and more like a father.”
Mourinho is already the first coach to reach a UEFA final with four different clubs (Porto, Inter, United and Roma).
”Every club that I coached I made a final,” Mourinho said. ”That’s good.”
What’s more is that if Mourinho can coach Roma to a win over Feyenoord in the May 25 final in Tirana, Albania, he would become only the third coach to win three different UEFA competitions after Giovanni Trapattoni and Udo Lattek – who both won the European Cup, UEFA Cup and Cup Winners’ Cup.
It was a typical Mourinho match: Roma took the lead through a Tammy Abraham header in the first half then just barely held on as the Giallorossi packed in and defended throughout the second half.
It may have not been pretty – Mourinho’s teams rarely are – but the tactic worked.
”I think our performance was extraordinary,” Mourinho said. ”Others might see it differently, but when your goalkeeper makes two saves over 120 minutes against a Premier League side with so much attacking quality, it means we’ve done something good.”
While Roma is in fifth place in Serie A and has missed out on the Champions League places, the inaugural edition of the third-tier Conference League has already made Mourinho’s first season at Roma successful.
It’s quite a turnaround from little more than a year ago, when Mourinho’s career appeared in a downward spiral after dressing-room apathy and growing disillusionment at his tactics cost him his job at Tottenham.
Approaching the age of 60, Mourinho has shown that he’s willing to wait while he attempts to build Roma into a contender.
Abraham, the 24-year-old forward whom Mourinho convinced Roma to spend 40 million euros ($44 million) on in August, has been decisive all season. His nine goals in the Conference League place him third all time among English players in a single season of European competition after Alan Shearer (11 in the 2004-05 UEFA Cup) and Stan Bowles (11 in the 1976-77 UEFA Cup).
”We have a coach who knows how to win. But it’s been a growth process,” Roma defender Gianluca Mancini said. ”It’s not like just because you have Mourinho on the bench you win right away.”
It will be Roma’s first European final since losing the 1991 UEFA Cup trophy to domestic rival Inter Milan. Roma also lost its only other continental final, after a penalty shootout against Liverpool in the 1984 European Cup at its home stadium.
Former Roma player and coach Claudio Ranieri, who grew up supporting the club in Rome’s slaughterhouse neighborhood of Testaccio, certainly remembers those losses.
During the 53rd minute, when an image of Ranieri was flashed onto the giant screens at each end of the stadium, both Roma and Leicester fans clapped in unison – so much so that after initially switching back to match coverage, Ranieri re-appeared a second time on the screens and he stood up and waved in acknowledgement.
Ranieri, of course, is best known for coaching Leicester to an improbable Premier League title in 2016.
This night, however, was more about Mourinho, who shed tears at the final whistle.
”This is a giant club without the trophy room in relation to the social dimension of the club,” Mourinho said. ”This is not a trophy, it’s only a final, but it means a lot to them. My emotion was for them.”
—
More AP soccer: https://apnews.com/hub/Soccer and https://twitter.com/AP-Sports
—
Andrew Dampf is at https://twitter.com/AndrewDampf | https://www.ketk.com/sports/the-final-one-mourinho-leads-roma-to-his-5th-european-final/ | 2022-05-06T13:28:52Z | https://www.ketk.com/sports/the-final-one-mourinho-leads-roma-to-his-5th-european-final/ | true | 13 |
Vontier Corporation (NYSE:VNT) went up by 1.15% from its latest closing price compared to the recent 1-year high of $37.08. The company’s stock price has collected 3.77% of gains in the last five trading sessions.
Is It Worth Investing in Vontier Corporation (NYSE :VNT) Right Now?
Vontier Corporation (NYSE:VNT) scored a price-to-earnings ratio above its average ratio, recording 11.22 x from its present earnings ratio. Opinions of the stock are interesting as 8 analysts out of 13 who provided ratings for Vontier Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $34.91, which is $7.78 above the current price. VNT currently public float of 160.62M and currently shorts hold a 3.41% ratio of that float. Today, the average trading volume of VNT was 1.98M shares.
VNT’s Market Performance
VNT stocks went up by 3.77% for the week, with a monthly jump of 8.49% and a quarterly performance of 0.67%, while its annual performance rate touched -17.79%. The volatility ratio for the week stands at 3.62% while the volatility levels for the past 30 days are set at 2.94% for Vontier Corporation. The simple moving average for the period of the last 20 days is 6.27% for VNT stocks with a simple moving average of -10.28% for the last 200 days.
Analysts’ Opinion of VNT
Many brokerage firms have already submitted their reports for VNT stocks, with Robert W. Baird repeating the rating for VNT by listing it as a “Neutral.” The predicted price for VNT in the upcoming period, according to Robert W. Baird is $29 based on the research report published on February 18th of the current year 2022.
Berenberg, on the other hand, stated in their research note that they expect to see VNT reach a price target of $45. The rating they have provided for VNT stocks is “Buy” according to the report published on July 08th, 2021.
Goldman gave a rating of “Neutral” to VNT, setting the target price at $40 in the report published on June 03rd of the previous year.
VNT Trading at 10.38% from the 50-Day Moving Average
After a stumble in the market that brought VNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.59% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 3.62%, as shares surge +10.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.66% upper at present.
During the last 5 trading sessions, VNT rose by +3.77%, which changed the moving average for the period of 200-days by -16.50% in comparison to the 20-day moving average, which settled at $25.75. In addition, Vontier Corporation saw -11.42% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VNT starting from Naemura David H., who purchase 8,500 shares at the price of $22.85 back on Mar 07. After this action, Naemura David H. now owns 163,062 shares of Vontier Corporation, valued at $194,234 using the latest closing price.
Ross Lynn, the VP, Chief Accounting Officer of Vontier Corporation, sale 1,000 shares at $25.41 during a trade that took place back on Feb 22, which means that Ross Lynn is holding 12,030 shares at $25,410 based on the most recent closing price.
Stock Fundamentals for VNT
Equity return is now at value 100.10, with 10.90 for asset returns. | https://newsheater.com/2022/05/06/is-a-correction-looming-ahead-for-vontier-corporation-vnt/ | 2022-05-06T13:29:34Z | https://newsheater.com/2022/05/06/is-a-correction-looming-ahead-for-vontier-corporation-vnt/ | true | 17415 |
AnPac gets Nasdaq panel nod to transfer shares to Nasdaq Capital Market; but listing remains under grace period
- China-based AnPac Bio-Medical Science (NASDAQ:ANPC) said the Nasdaq Hearings Panel granted the company's request to transfer its American Depositary Shares from the Nasdaq Global Market to the Nasdaq Capital Market, effective May 6.
- The company added that the Nasdaq Capital Market has lower listing requirements than those of the Nasdaq Global Market.
- Under the terms of the decision, the Panel stated that AnPac must show compliance with Nasdaq Capital Market’s listing requirement of $2.5M stockholder’s equity by May 31.
- AnPac noted that the transfer does not resolve the $1 minimum bid price listing requirement of the exchange and thus it remains outstanding.
- The company is currently in a grace period for the $1 bid price requirement that runs through Sept. 5
- ANPC +11.98% to $0.36 premarket May 6 | https://seekingalpha.com/news/3834231-anpac-gets-nasdaq-panel-nod-to-transfer-shares-to-nasdaq-capital-market-but-listing-remains-under-grace-period | 2022-05-06T13:30:20Z | https://seekingalpha.com/news/3834231-anpac-gets-nasdaq-panel-nod-to-transfer-shares-to-nasdaq-capital-market-but-listing-remains-under-grace-period | false | null |
A new initiative aimed at increasing the number of Black Americans registered as organ donors and combating disparities among transplant recipients was announced Thursday by a coalition that includes the four medical schools at the nation’s historically Black colleges and universities.
The collaboration follows a National Academies of Sciences, Engineering and Medicine report, “Realizing the Promise of Equity in the Organ Transplantation System,” that found significant disparities in the nation’s organ transplant system. It wasreleased earlier this year and commissioned by Congress, which wanted to examine equity within the donor organ procurement, allocation and distribution system.
The initiative — which was created by the Consortium of HBCU Medical Schools, the Organ Donation Advocacy Group and Association of Organ Procurement Organizations — plans to create new opportunities for Black medical and nursing students to shadow organ procurement organizations and transplant centers and collaborate with partner HBCUs that offer programs in nursing, public health, public policy and health care administration. The initiative announcement was shared with The Associated Press first.
The HBCU consortium behind the initiative includes the Charles R. Drew University of Medicine and Sciences in Los Angeles, Howard University College of Medicine in Washington, Meharry Medical College in Nashville, Tennessee, and the Morehouse School of Medicine in Atlanta.
The initiative will have health professionals speaking to K-12 students in Black communities about the field and career pathways. It will also focus on community education, including creating accessible materials about transplantation for dialysis patients and hosting health fairs and blood drives.
Concerns about equitable access to organ transplants have existed for decades in America. But attention has increased in recent years after the global COVID-19 pandemic exacted a disparate toll among Black Americansand laid bare the nation’s long-standing racial health inequities caused by structural racism, unequal access to care and bias within the nation’s medical system.
“At the heart of all this is the profound disparity in transplants that are given and performed on African Americans versus whites in our country, and it’s a long-standing problem and issue,” said Dr. James E.K. Hildreth, president and CEO of Meharry Medical College, in an interview with The Associated Press.
“And some of this messaging has to come from trusted organizations, which is another one of the reasons that we believe that the four Black medical schools have a very important role to play that quite honestly could not be filled by any other organizations in the country,” Hildreth said.
HBCU medical schools have historically served as a necessary pipeline for Black doctors and other medical professionals. Hildreth said the initiative will increase those numbers. The HBCU Medical School Collaborative was formed in 2020 to address health equity amid the pandemic. But Hildreth said the schools have a legacy of working together, often on disparity areas that the medicine and health systems historically have ignored.
But the HBCU collaboration has since grown and they have identified kidney transplants and donations as an area of concern because Black nephrologists — doctors who diagnose and treat acute and chronic kidney problems — account for less than 7% of the industry and only 5.5% of transplant surgeons are Black.
About 80% of Meharry graduates go on to work in underserved communities, Hildreth said, and 85% are Black. The vast majority of them come from households with lower incomes than a typical white medical student would have.
“Minorities and people of color have been consistently underrepresented throughout medicine, and the field of organ and tissue donation and transplantation is no exception,” said Dr. Clive Callender, a transplant surgeon and medical professor at Howard University College of Medicine, who is seen as a trailblazer for organ donation equity. “This collaboration will allow us to save thousands of lives across the country by strengthening relationships between health care workers, Black and minority patients, and organ and transplantation professionals.”
According to the Department of Health and Human Services’ Office of Minority Health, Black Americans make up the largest group among people of color in the United States who are in need of organ transplants. Black Americans are almost four times as likely as white Americans to develop kidney failure, according to the National Institute of Diabetes and Digestive and Kidney Diseases.
And while Black Americans make up about 13% of the U.S. population, they account for 35% of people with kidney failure, which accounts for the majority of transplants. The National Academies of Sciences, Engineering and Medicine — or NASEM — report set a benchmark to increase organ transplants to 50,000 annually by 2026; 41,354 transplants were performed in 2021, an increase of 5.9% over 2020.
However, while 28.5% of the total candidates currently waiting for transplants are Black Americans, they only comprised 12.9% of organ donors in 2020. The total number of white Americans on organ transplant waiting lists is about 1.4 times greater than that of Black people, but the number of candidates waiting for a kidney transplant is almost the same between the two groups.
“By the time they get on the list, there’s a great deal of urgency. And because of the long waits, many of them, of course, don’t make it to get a transplant,” Hildreth said of Black candidates.
Annual transplant records were set last year across three major areas including 24,669 kidney transplants, 9,236 liver transplants and 3,817 heart transplants. And out of 57 organ procurement organizations nationwide, 49 saw increases over 2020, and 45 set all-time records for donors recovered in a single year.
But the disparities still exist.
Jill Grandas, executive director of DCI Donor Services, an organ procurement organization that serves Tennessee, New Mexico and California, said DCI will be working with the HBCUs on the ground in communities and among health sectors to raise awareness about transplants and becoming organ donors. She said her team encounters levels of mistrust among Black Americans and other people of color that is rooted in a historical lack of confidence in a health system that has exacted harm upon their families and communities.
A lack of industry leaders working to break down “barriers of trust” through education and direct programming is another factor, Grandas said. There also needs to be a lens of accountability placed on organ procurement and transplant centers to ensure they’re working to address disparities, Grandas added.
“Equity is an issue that must be addressed,” Grandas said.
Renée Landers, former deputy general counsel for HHS who was on the authoring committee for the NASEM report, said she hopes the initiative spurs more action to address transplantation and donor disparities but also ones across the health field.
“Having this particular focus on building or encouraging people of color to go into the health professions as physicians and other kinds of caregivers is really important,” said Landers, a law professor and faculty director of health and biomedical law at Suffolk University Law School in Boston. “And Black medical schools can play a really significant role in that.”
___
Stafford is based in Detroit. She is a national investigative race writer for the AP’s Race and Ethnicity team. Follow her on Twitter at https://twitter.com/kat__stafford. | https://www.keloland.com/news/national-world-news/hbcu-medical-schools-to-tackle-organ-transplant-disparities/ | 2022-05-06T13:33:39Z | https://www.keloland.com/news/national-world-news/hbcu-medical-schools-to-tackle-organ-transplant-disparities/ | true | 39 |
Nautic Partners, The Vistria Group and General Atlantic have agreed to buy rare pharmacy care specialist PANTHERx Rare from Centene Corporation.
PANTHERx aims to deliver medicine breakthroughs, clinical excellence, and access solutions to people living with devastating rare and orphan diseases.
General Atlantic managing director Justin Sunshine said, “We see a growing market need for a specialized pharmacy model to support rare and orphan disease patients in their healthcare journey and to meet the unique distribution demands of these life-enriching medicines.”
Nautic managing director Chris Corey added, “PANTHERx is purpose-built to serve this patient population and help address the complexities of specialized care delivery.
“General Atlantic, Nautic Partners and The Vistria Group are pleased to partner together to support the long-term growth of PANTHERx, leveraging our collective expertise in scaling differentiated healthcare businesses and fueling further innovation.”
Nautic specializes in healthcare, industrial and services investments. It generally makes equity investments of $50m to $400m.
The firm recently closed its tenth private equity fund on a hard cap of $3bn. It closed Nautic Partners IX in 2019 on $1.5bn.
Vistria hit a $1.11bn hard cap close in 2020 for its third mid-market fund targeting healthcare, education and financial services investments.
Copyright © 2022 AltAssets | https://www.altassets.net/private-equity-news/by-news-type/deal-news/rare-disease-pharmacy-specialist-pantherx-bought-by-private-equity-consortium.html | 2022-05-06T13:36:38Z | https://www.altassets.net/private-equity-news/by-news-type/deal-news/rare-disease-pharmacy-specialist-pantherx-bought-by-private-equity-consortium.html | true | 1 |
HARLINGEN, Texas (Valleycentral) — The Palmhurst mayoral race has two candidates listed on the ballot, Israel Silva and Mayor Ramiro Rodriguez Jr. who served for 23 years.
Although Mayor Rodriguez Jr. died on April 5, his name still remains on the ballot.
Hidalgo County Democratic Party Chairman Patrick Eronini said Rodriguez Jr. died after the deadline for him to be taken out of the ballot and by law he must remain on the ballot.
“If he gets the majority of votes on Saturday, there will be a need to have a special election to fill that position,” said Eronini.
ValleyCentral reached out to Israel Silva and he provided the following statement:
“I want to keep our city free of property tax and keep the one-acre homesite minimums. I will be a proactive mayor if given the opportunity.”
Polling locations near Palmhurst are:
- Rafael Cantu Jr. High School Library: 5101 N. Stewart Rd. Palmhurst, TX 78573
- Bannworth Park Gym: 1822 N. Shary Rd. Mission, TX 78572
Eronini encourages everyone to go out and vote for whichever candidate they want. | https://www.valleycentral.com/news/local-news/deceased-mayor-remains-on-ballot-for-may-7-election/ | 2022-05-06T13:37:03Z | https://www.valleycentral.com/news/local-news/deceased-mayor-remains-on-ballot-for-may-7-election/ | true | 1 |
Can capital gains from property be kept in a savings account?
2 min read . 06:44 PM IST- Any transfer of a capital asset in any financial year shall be taxable in the hands of the taxpayer only in that financial year in which such transfer took place
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I sold my flat on 30 November 2021 by registering an agreement to sell. I received balance sales proceeds after 3 months as the buyer had a bank loan and disbursal is done after 3 months. What is the time limit for me to pay capital gains tax? Should I have paid in the same financial year i.e. 2021-22 or within six months of registering agreement to sale or completing full transaction? Also, till I don’t pay capital gains tax, can the amount be kept in my savings account? - Jagadish Shah
I sold my flat on 30 November 2021 by registering an agreement to sell. I received balance sales proceeds after 3 months as the buyer had a bank loan and disbursal is done after 3 months. What is the time limit for me to pay capital gains tax? Should I have paid in the same financial year i.e. 2021-22 or within six months of registering agreement to sale or completing full transaction? Also, till I don’t pay capital gains tax, can the amount be kept in my savings account? - Jagadish Shah
Any transfer of a capital asset in any financial year shall be taxable in the hands of the taxpayer only in that financial year in which such transfer took place. Further, where a taxpayer intends to avail exemption under section 54 of the Income-tax Act for the purchase of another residential property, they may invest the amount of capital gain within 2 years of the sale of old property. If the taxpayer is not able to invest the capital gain till the time of filing of tax return, then the amount needs to be deposited in the Capital Gain Account Scheme.
Any transfer of a capital asset in any financial year shall be taxable in the hands of the taxpayer only in that financial year in which such transfer took place. Further, where a taxpayer intends to avail exemption under section 54 of the Income-tax Act for the purchase of another residential property, they may invest the amount of capital gain within 2 years of the sale of old property. If the taxpayer is not able to invest the capital gain till the time of filing of tax return, then the amount needs to be deposited in the Capital Gain Account Scheme.
Hence, in your case since the agreement is registered in November, the capital gain arising in this case would be taxable in the FY 2021-22 and you were required to pay advance tax thereon in the December instalment due on 15 December 2021 and in the March instalment which was due on 15 March 2022. The entire transaction needs to be reported in the income-tax return, which is due by 31 July, 2022, unless extended.
Please note that the same deadline i.e. 31 July, 2022 would apply for transfer of the amount from your savings account to the Capital Gains Account.
This query is answered by Amit Maheshwari, Tax Partner, AKM Global, a tax and consulting firm. Send you personal finance queries at mintmoney@livemint.com to get them answered by experts. | https://www.livemint.com/money/personal-finance/can-capital-gains-from-property-be-kept-in-a-savings-account/amp-11651842697116.html | 2022-05-06T13:42:11Z | https://www.livemint.com/money/personal-finance/can-capital-gains-from-property-be-kept-in-a-savings-account/amp-11651842697116.html | true | 1 |
The Duke and Duchess of Cambridge are planning a move to Berkshire to be nearer the Queen .
Prince William and wife Kate have been looking for a new home after deciding to leave London behind with their family.
This means they are looking to vacate their incredible 20-room apartment within Kensington Palace to live in the Berkshire Countryside.
Sources have confirmed two most likely options for the Cambridges and their three young children - Prince George, eight, Princess Charlotte, seven and Prince Louis, two - are Adelaide Cottage or the vastly impressive Fort Belvedere, also on the Windsor estate.
But Fort Belvedere has a shocking past, which almost saw the end of the monarchy in what is still to this day the biggest royal scandal to rock The Firm.
In 1929, Fort Belvedere became vacant, and was given to Prince Edward, Prince of Wales, by his father, George V.
During Edward's occupancy, extensive renovation of the interior and grounds was carried out.
He built a swimming pool at the fort between 1931 and 1932, that replaced an old lily pond, and added a tennis court and developed stables in the grounds of the fort.
Edward added modern conveniences at the fort, many of which were still rare in British homes, including bathrooms adjacent to nearly every room, a steam-room, showers, built-in cupboards and central heating.
The dramatic and shocking relationship between Edward and Wallis Simpson blossomed at Fort Belvedere.
Wallis Simpson, a two-time divorcee, and Edward met and fell in love, and what followed was mass scrutiny and a media berating that led to their eventual exit from England and royal duties, which almost led to the end of the monarchy as we know it.
The couple spent their first weekend at the fort at the end of January 1932, and by early 1935 two rooms had been combined at the fort for her use.
In 1936 Wallis moved permanently to the fort after receiving threatening anonymous letters, and left Fort Belvedere for the final time on 3 December 1936, a week before Edward's abdication.
Following opposition to the potential of Edward's marriage to Wallis Simpson from the British government and autonomous Dominions of the British Commonwealth, the fort became the final setting of Edward's abdication as king.
He held several meetings with Prime Minister Stanley Baldwin at Fort Belvedere during the crisis, and on 10 December 1936 signed his written abdication notices at the fort, witnessed by his three younger brothers: Prince Albert, Duke of York (who succeeded Edward as George VI); Prince Henry, Duke of Gloucester; and Prince George, Duke of Kent.
The following day, it was given legislative form by special Act of Parliament: His Majesty's Declaration of Abdication Act 1936. He retained the visitor's book from the fort, and it was used at all the subsequent homes he and Wallis Simpson would share.
In 1977 the fort was used extensively for the filming of 'Edward & Mrs. Simpson', an ITV serialisation of Edward and Wallis's relationship.
A source said: “Of course the Cambridges would have first refusal on any of the royal homes they may wish to live in."
Let’s hope that if William and Kate move there, that their time living at Fort Belvedere is less dramatic.
Read More
Read More | https://www.mirror.co.uk/news/uk-news/royal-mansion-prince-william-kate-26871633 | 2022-05-06T13:44:17Z | https://www.mirror.co.uk/news/uk-news/royal-mansion-prince-william-kate-26871633 | false | 1 |
A woman who ran a Belarusian opposition messaging app channel and was arrested along with her activist boyfriend when an airliner they were on was forced to land in Belarus has been convicted of charges that included inciting social hatred.
Following her conviction, Sofia Sapega was sentenced to six years in prison. Sapega is a Russian citizen, and her lawyer, Anton Gashinsky, said she would appeal to the Russian president, Vladimir Putin, to intervene.
Sapega and Roman Protasevich were flying from Athens to Vilnius, Lithuania, a year ago when their plane was ordered to land in Belarus accompanied by a fighter jet because of an alleged bomb threat.
Protasevich was the editor of Nexta, a popular channel on the Telegram messaging app that was used to help organise protests in Belarus after the president, Alexander Lukashenko, won a disputed sixth term in August 2020.
Sapega ran another Telegram channel that published the personal data of civil servants and military personnel who took part in mass repressions of the protests.
Western countries denounced the plane diversion as tantamount to air piracy by Belarus. The European Union banned Belarusian airlines from its air space and airports as part of sanctions against the country.
“I am sorry for Sofia and her family. No one should suffer from dictatorship,” the exiled Belarus opposition leader Sviatlana Tsikhanouskaya wrote on Twitter after Friday’s verdict.
The Kremlin spokesman Dmitry Peskov said Sapega would get assistance, but declined to comment on the sentence itself.
“She is a citizen of Russia, so in any case, through our diplomats and other channels, we will continue to protect her legitimate interests,” he told reporters on a conference call.
Asked, whether he thought the verdict was fair, Peskov said: “We greatly dislike it when someone comments on the decisions of our courts, so we will not comment the decision of the court in friendly Belarus.”
The post-election protests were the most serious challenge to Lukashenko’s authoritarian rule since he first took office in 1994.
The protests attracted as many as 200,000 people in the capital of Belarus on some days and persisted for several months. Authorities responded with a severe crackdown in which police arrested more than 35,000 people and thousands were beaten. Leading opposition figures have been imprisoned or forced into exile. | https://www.theguardian.com/world/2022/may/06/belarus-plane-arrest-activist-sofia-sapega-sentenced-to-six-years | 2022-05-06T13:44:37Z | https://www.theguardian.com/world/2022/may/06/belarus-plane-arrest-activist-sofia-sapega-sentenced-to-six-years | true | 1 |
WASHINGTON – A superyacht that American authorities say is owned by a Russian oligarch previously sanctioned for alleged money laundering has been seized by law enforcement in Fiji, the U.S. Justice Department announced Thursday.
A judge in Fiji earlier in the week permitted U.S. authorities to seize the yacht Amadea — worth $325 million — but also put his order temporarily on hold while defense lawyers mounted a challenge.
The Justice Department said authorities in Fiji, acting at the request of the United States, have now served a search warrant freezing the yacht, which had earlier been prevented from leaving the South Pacific nation.
American officials say the 348-foot vessel belongs to Suleiman Kerimov, an economist and former Russian politician who was sanctioned by the U.S. Treasury Department in 2018 and has faced further censure from Canada, Europe, Britain and other nations after Russia invaded Ukraine.
Kerimov made a fortune investing in Russian gold producer Polyus, with Forbes magazine putting his net worth at $14.5 billion.
Defense lawyers had claimed the yacht actually belonged to another Russian oligarch.
In an application in support of the search warrant, an FBI agent wrote that there was probable cause to believe that Kerimov had owned the Amadea since 2021. The vessel, which is flagged in the Cayman Islands, had turned off its automated information system on Feb. 24, the day Russia launched its invasion of Ukraine.
The Justice Department said the seizure was coordinated by its KleptoCapture task force, which was created in March to seize assets belonging to sanctioned Russian oligarchs. In April, the Justice Department seized a 254-foot yacht in Spain owned by an oligarch, Viktor Vekselberg, with close ties to Russian President Vladimir Putin.
In a statement, Attorney General Merrick Garland said the latest seizure "should make clear that there is no hiding place for the assets of individuals who violate U.S. laws. And there is no hiding place for the assets of criminals who enable the Russian regime.”
The Justice Department said the yacht is now in Lautoka, Fiji. | https://www.local10.com/news/politics/2022/05/05/us-announces-seizure-of-superyacht-owned-by-russian-oligarch/ | 2022-05-06T13:44:46Z | https://www.local10.com/news/politics/2022/05/05/us-announces-seizure-of-superyacht-owned-by-russian-oligarch/ | false | 34 |
LONDON — Ukrainian President Volodymyr Zelenskyy says he is still open to negotiations with Russia, but only if Moscow withdraws its forces to their pre-invasion positions.
Zelenskyy told a meeting at London’s Chatham House think-tank on Friday that “regaining the situation as of the 23rd of February” — the day before the invasion — is a prerequisite for talks.
He said “in that situation we will be able to start discussing things normally,” and Ukraine could use “diplomatic channels” to regain its territory.
The British government, a key ally of Ukraine, has said Russia must be driven from all of Ukraine, including Crimea, which Moscow seized from Ukraine in 2014.
Despite Russia’s intensified attack on Ukraine’s eastern Donbas region, Zelenskyy said there is still space for diplomacy. He said “not all the bridges are yet destroyed,” figuratively speaking.
Asked whether Russia would soon take full control of the besieged port city of Mariupol, Zelenskyy said: “Mariupol will never fall. I’m not talking about heroism or anything … There is nothing there to fall apart. It is already devastated.”
___
KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
— French farmers take on Russiawith biogas
— Flowers in the rubble: Ukrainian woman sees a sliver of hope
— A song with power: Ukraine’s Eurovision entry unites nation
— Defenders inside Ukrainian steel mill refuse to surrender
— The AP Interview: Belarus admits Russia’s war ‘drags on’
— Jill Biden tomeet Ukrainian refugees during border visit
Follow all AP stories on Russia’s war on Ukraine at https://apnews.com/hub/russia-ukraine
___
OTHER DEVELOPMENTS:
VATICAN CITY — Pope Francis says Russia’s war in Ukraine is particularly “barbarous” given that it involves Christians killing fellow Christians in a scandal that should drive the faithful toward unity.
Speaking to members of the Vatican office that promotes Christian unity among Catholics, Orthodox and other Christian churches, Francis said Christians should ask themselves what they have done and can do to foster fraternity with one another.
Francis recalled that efforts at unifying Christians took off in the last century thanks to “the awareness that the scandal of the division of Christians had a historical weight in generating the evil that has poisoned the world with grief and injustice.”
He said: “Today, in the face of the barbarism of war, this yearning for unity must be fueled again.”
___
COPENHAGEN, Denmark — The foreign ministers from the three Baltic countries have paid a visit to Kyiv Friday and met with Ukrainian President Volodymyr Zelenskyy.
“This time we are also talking about the rebuilding, restoration and the EU candidate status for Ukraine,” Lithuanian Foreign Minister Gabrielius Landsbergis tweeted. “Blooming Kyiv reminds (us) that the country is ready for a bright future.”
Landsbergis was traveling with Edgars Rinkevics of Latvia and Estonia’s Eva-Maria Liimets. The latter posted a video on Twitter of them shaking hands with Zelenskyy.
Rinkevics wrote on Twitter that they also discussed “what the world, Europe and all us can learn from Ukraine.”
___
GENEVA — The U.N.’s Food and Agricultural Organization is pointing to “anecdotal evidence” that Russian forces are stealing grain from Ukraine, at a time when the country’s ports have been all but unable to export following the Russian invasion.
Josef Schmidhuber, deputy director of FAO’s markets and trade division, told reporters at a U.N. briefing in Geneva that about 700,000 tons of grain had “disappeared” in Ukraine. He cautioned that there were no “statistics” about possible theft.
“There’s anecdotal evidence that Russian troops have destroyed storage capacity and that they are looting the storage grain that is available,” he said. “They are also stealing farm equipment.”
He pointed to “quite a bit of credibility” to footage shared on social media suggesting that “large amounts of grain all being trucked out of the country by Russia.”
Schmidhuber said that “to the best of my knowledge,” no grain was leaving Ukrainian ports.
“It’s an almost grotesque situation that we see at the moment in Ukraine: There are nearly 25 million tons of grain that could be exported, but they cannot leave the country simply because of the lack of infrastructure and the blockade of the ports,” he said.
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BUDAPEST, Hungary – A European Union embargo on Russian oil would be equivalent to dropping an “atomic bomb” on Hungary’s economy and could thus not be accepted, the country’s nationalist prime minister said on Friday.
Speaking on state radio, Viktor Orban reiterated earlier statements from Hungarian officials that Hungary would not support a new round of proposed EU sanctions against Russia if they included a ban on Russian oil exports.
Orban said that while his government is willing to negotiate on any EU proposals that are in Hungary’s interests, the country’s geography and existing energy infrastructure make a shutdown of Russian oil unfeasible.
“We cannot accept a proposal that ignores this circumstance because in its current form it is equivalent to an atomic bomb dropped on the Hungarian economy,” Orban said.
Hungary’s government has firmly opposed EU plans to include Russian energy exports in its sanctions against Moscow, arguing that 85% of Hungary’s gas and more than 60% of its oil comes from Russia.
On Friday, Orban said that converting Hungary’s oil refineries and pipelines to be able to process oil from different sources would take five years and require massive investment.
___
COPENHAGEN, Denmark — Denmark is sending 5.7 million pairs of medical gloves to Ukraine, authorities said Friday, adding they were responding to a Ukrainian request sent via the European Union’s crisis preparedness center.
The gloves are surplus items and will not affect Denmark’s emergency preparedness, the state Danish Critical Supply Agency said in a statement.
The Ukrainian Ministry of Health had requested the gloves via Emergency Response Coordination Center, the agency said. They will be sent to a warehouse in Poland, from where they will be shipped to Ukraine.
Denmark has previously donated 1 million facemasks, 1 million white surgical coats and 5,000 respirators to Ukraine, among other things.
___
BERLIN — Germany’s defense minister confirmed Friday that her country will supply Ukraine with seven powerful self-propelled howitzers to help defend itself against Russia.
Christine Lambrecht said Ukrainian soldiers will be trained in Germany to use the self-propelled Panzerhaubitze 2000 artillery, which is capable of firing precision ammunition at a distance of up to 40 kilometers (25 miles).
Germany has stepped up its material support for Ukraine in recent weeks, after the government’s initial reticence to provide heavy weapons drew widespread criticism.
Chancellor Olaf Scholz is due to address the nation Sunday on the anniversary of the end of World War II in Europe. The defeat of Nazi Germany by the Allies 77 years ago has increasingly been portrayed as a day of liberation in the country. Scholz’s speech is expected to outline his government’s position on the war in Ukraine.
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LVIV, Ukraine — The British military believes Russia wants to take the port city of Mariupol and its vast steel mill before it marks Victory Day on Monday.
The British Defense Ministry made the comment in a daily intelligence briefing it makes on Twitter.
The Azovstal steelworks in Mariupol has been the scene of weeks of fighting. It has a vast network of underground bomb shelters shielding fighters and civilians from Russian bombardment, though the site has been repeatedly struck by high-explosive bombs.
The British military said: “The renewed effort by Russia to secure Azovstal and complete the capture of Mariupol is likely linked to the upcoming 9 May Victory Day commemorations and Putin’s desire to have a symbolic success in Ukraine.”
It added: “This effort has come at personnel, equipment and munitions cost to Russia. Whilst Ukrainian resistance continues in Azovstal, Russian losses will continue to build and frustrate their operational plans in southern Donbas.”
Victory Day marks the Soviet Union’s victory over Nazi Germany in World War II.
___
LVIV, Ukraine — There are growing suggestions that Ukraine might try to widen its push to seize more territory from Russia outside of Kharkiv, its second-largest city.
Ukrainian chief of defense, Gen. Valerii Zaluzhnyi, said Thursday that a counteroffensive could begin to push Russian forces away from Kharkiv and Izyum, which has been a key node in Russia’s control of the area.
Ukraine in recent days has pushed Russia some 40 kilometers (25 miles) east of Kharkiv, which has been repeatedly struck by Russian shelling.
Further pushing the Russians away may spare the city from more artillery strikes, as well as force Moscow to divert troops from other areas of the front line to maintain its hold on territory there.
___
LVIV, Ukraine — The Ukrainian military says the Russian effort to seize the steel plant in Mariupol continues.
The General Staff of the Ukrainian Armed Forces issued a daily statement Friday saying that “the blockade of units of the defense forces in the Azovstal area continues.”
It added: “In some areas, with the support of aviation, resumed assault operations to take control of the plant.”
Elsewhere in the country, the Ukrainian military said Russian forces are conducting surveillance flights of territory. In the hard-hit areas of Donetsk and Luhansk, Ukraine’s military said it repulsed 11 enemy attacks and destroyed tanks and armored vehicles. There was no immediate acknowledgement of those losses by Russia.
___
WASHINGTON — The Pentagon says the majority of Russian forces that had been around the port city of Mariupol have left and headed north, leaving roughly the equivalent of two battalion tactical groups there, or about 2,000 troops.
Pentagon spokesman John Kirby said Thursday that even as Russian airstrikes continue to bombard Mariupol, Moscow’s forces are still making only “plodding” and incremental progress as the main fight presses on in the eastern Donbas region.
He said he has seen no change in Russian behavior or momentum as May 9 draws near.
Russia celebrates Victory Day on May 9, the anniversary of the Soviet Union’s defeat of Nazi Germany in World War II. There have been suggestions that Russian President Vladimir Putin wants to tout a major victory in Ukraine when he makes his address during the traditional military parade on Red Square.
Kirby said the U.S. still assesses that Russia is behind schedule and not making the progress in the Donbas that it expected.
___
MARIUPOL, Ukraine — A cleanup operation took place in the center of Mariupol even as Ukrainian fighters held out against Russian troops in the city’s pulverized steel plant. The rest of the city is now under Russian control.
Municipal workers, as well as volunteers, were seen Thursday clearing debris near gutted, charred buildings, including the drama theater where hundreds died when the Russian military bombed it in March. Some workers hung a Russian flag on a tall utility pole.
One volunteer, who gave only his first name, Denis, said he was helping restore parks and war monuments so the city could celebrate Victory Day on Monday. Russia celebrates victory over Nazi Germany in World War II on May 9.
___
KYIV, Ukraine — In his nightly video address Thursday, Ukrainian President Volodymyr Zelenskyy described a “catastrophic” lack of access to medical services and medicine in areas of the country under Russian occupation.
In those areas, he said almost no treatment was available for those suffering from cancer and where insulin for diabetics was difficult to find or nonexistent. He said antibiotics were in short supply.
Zelenskyy also said that during the course of the war, the Russian military has already fired 2,014 missiles on Ukraine, while 2,682 flights of Russian warplanes have been recorded in Ukrainian skies. He said the destroyed or damaged infrastructure includes nearly 400 hospitals and other medical facilities. | https://www.arklatexhomepage.com/news/u-s-world/live-updates-uk-russia-aims-to-take-mariupol-before-v-day/ | 2022-05-06T13:45:58Z | https://www.arklatexhomepage.com/news/u-s-world/live-updates-uk-russia-aims-to-take-mariupol-before-v-day/ | false | 16 |
Skyward, wireless carrier Verizon’s drone software subsidiary, will be ending operations in the coming weeks. In addition to the quandary this development presents Skyward customers with, the unexpected news puts in a limbo European drone maker Parrot’s plan to make its ANAFI Ai craft 4G-enabled right out of the box.
Parrot and Skyward-Verizon have been collaborating for a while now – first offering training to ANAFI USA users collectively, and then putting together an extensive rollout plan for the new ANAFI Ai drone in the United States. Heck, Skyward subscribers were even promised Verizon 4G LTE connectivity for their ANAFI Ai drone at no additional cost!
While hyping 4G as the “new communications standard” for the enterprise drone industry, Henri Seydoux, founder and CEO of Parrot, had said:
Advanced artificial intelligence, autonomous flights, best-in-class imaging, photogrammetry accuracy, and reliable 4G LTE connectivity on the Verizon network will put powerful new tools in the hands of professionals like never before and we truly believe it is a gamechanger for the professional drone industry.
But as news broke that Skyward was exiting the drone business, Parrot took to social media to reassure customers that the Verizon’s decision to shut down its subsidiary does not impact the drone manufacturer’s go-to-market strategy or distribution, with the simple explanation being: ANAFI Ai works regardless of 4G network carrier.
“Following the decision taken by Verizon to end Skyward activities, by consequence Parrot ANAFI Ai will no longer be available from Skyward,” the company said. “However, this doesn’t impact Parrot’s go-to-market or distribution, as we are very well established in the United States.”
Parrot pointed out that professionals could still get the ANAFI Ai through the company’s dealer network, while the drone’s development on an open platform meant it was compatible with several other software alternatives.
But that doesn’t change the fact that the chief selling factor for the ANAFI Ai has been its ability to use 4G LTE as the primary data link between the drone and the operator. This innovation would give professionals the freedom to operate the drone at any distance, wherever there’s a 4G signal, enabling Beyond Visual Line of Sight (BVLOS) flights as well.
Thankfully, the drone is network-agnostic – which means Parrot can rope in other carriers to offer 4G connectivity instead. Also, while earlier the drone maker required ANAFI Ai users to become paying customers of Skyward to utilize the 4G feature from Verizon, it may work out an alternative arrangement with the carrier in the days to come.
We’ll surely keep you posted on that. But in the meantime, let us know in the comments below what you think about this development.
Read more: US government drags HobbyKing to court as $2.8M illegal drone transmitters fine remains unpaid | https://dronedj.com/2022/05/06/parrot-anafi-ai-4g-skyward/ | 2022-05-06T13:47:16Z | https://dronedj.com/2022/05/06/parrot-anafi-ai-4g-skyward/ | false | 1 |
From pv magazine Global
Researchers at the University of Colorado Boulder have sought to assess how advanced control architectures and grid-optimization methods could ensure network synchronization in energy systems dominated by intermittent renewable energy sources.
In “Synchronization in electric power networks with inherent heterogeneity up to 100% inverter-based renewable generation,” recently published in Nature Communications, the US group analyzed how grid-forming (GFM) or grid-following (GFL) inverters can act as primary mechanisms to improve grid synchronization, especially during low-inertia operating conditions. They approached this in three main ways: heterogeneous coupling damping factors related to real-world power networks; a parametric sensitivity analysis highlighting the significance of the damping component; and the feasibility of grids operated by 100% inverter-based energy technologies with enhanced synchronization capabilities. They found that mechanical networks with small inertial mass and great damping characteristics show a higher capability for stable natural synchronization.
“This notion is intuitive as although the mass provides an inertial resistance to the acceleration of a body when subjected to force, it also creates an inertial resistance to slowing down the mass once moving,” they stated. “In addition, the higher damping capability allows the network to more effectively dissipate the kinetic energy produced by an external force.”
They also found that kinetic energy induced in the mechanical network is directly proportional to the inertial mass. The ability to dissipate the kinetic energy is also proportional to the damping coefficient.
“The assumption of homogeneity in the characteristics of subsystems, subnetworks, or components of an interconnected network is rarely valid for real-world large-scale networks; embedding such assumptions into an analytical model to study real-world, complex, interconnected networks may distort the findings,” they said.
The researchers said power systems based on GFM inverters ensure that the inertia and damping coefficients can be adaptively adjusted. But with power systems based on GFL inverters, inertia and damping coefficients are dependent on the machine design, they said.
“The GFM technologies can be generally categorized into virtual synchronous machine (VSM) and multi-loop GFM. Both technologies have a frequency response with dynamics that can be described by a second-order differential equation,” they said, noting that the multi-loop devices can provide damping support independent of the inertial contribution.
The researchers claimed to have provided a basis for the development of a control solution that could ensure the reliable, safe and stable operation of future power networks.
“To this end, it is pivotal to reconsider the control and automation systems currently in place, both the structure and algorithms, and perhaps design and implement modern control systems that are designed and tuned in accordance with the dynamic behaviors and characteristics of power networks with high levels of inverter-based generation,” the scientists concluded. “In future power networks dominated by grid-forming inverters, new concepts such as adaptive protection that follows the grid inertia to adjusts its settings in real-time, and generators’ available headroom reserve are factored into the determination of the droop value in real-time, making the grid a dynamically adaptive network and to do so, various control schemes can be utilized, especially highly distributed control systems.”
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. | https://pv-magazine-usa.com/2022/05/06/how-grid-forming-inverters-may-enhance-grid-synchronization/ | 2022-05-06T13:49:51Z | https://pv-magazine-usa.com/2022/05/06/how-grid-forming-inverters-may-enhance-grid-synchronization/ | true | 2 |
Stocks cower as dollar marches to two-decade highs
Summary
- US stock futures down 0.6%
- European stocks heading for worst week in 2 months
- MSCI Asia ex-Japan index drops 2.87%
The US dollar hit 20-year highs and world stocks fell towards their lowest in over a year on Friday as markets anticipated more US interest rate rises, while Asian stocks fell on worries about the hit to growth from China's zero-Covidpolicy.
The US currency was heading for its fifth straight week of gains after the Federal Reserve raised rates by 50 basis points this week. The market is pricing in a more than 90% chance of a 75 bps hike in June, according to Refinitiv data.
US payrolls data due later on Friday will help traders gauge the strength of the US economy. Economists polled by Reuters predicted the data would show the United States created 391,000 new jobs in April, versus 431,000 a month earlier.
"The trend is still for a strong and very tight labour market, which is feeding into wage increases and is an issue for inflation longer term," said Gergely Majoros, a member of the investment committee at asset manager Carmignac. This made it hard for the Fed keep prices stable, he added.
"Job creation is still too hot for the Fed to achieve its mandate."
The dollar hit a 20-year high of 104.06 against an index of currencies and gained 0.19% to 130.42 yen , also close to its highest in 20 years.
The euro fell 0.38% to $1.0499, near recent five-year lows.
Sterling fell to its lowest against the dollar in nearly two years after dropping 2.2% on Thursday.
The Bank of England raised rates by 25 basis points as expected, but two policy makers expressed caution about rushing into future rate hikes.
MSCI's world equity index fell 0.52%, towards its lowest since Feb 2021.
US stock index futures dropped 0.6% after the Dow Jones Industrial Average and the S&P 500 both slid more than 3% overnight, and the Nasdaq Composite shed 4.99% in its biggest single-day plunge since June 2020.
European stocks fell more than 1% to their lowest since mid-March and were heading towards their worst week in two months. Britain's FTSE dropped 0.8%.
"We are still left with an environment where growth is slowing and we are starting to see evidence that sectors such as US housing are slowing, global PMIs are showing the toll and accumulated savings are getting spent down," said Grace Peters, EMEA head of investment strategy at JPMorgan Private Bank.
"But based on the latest US data, we are comfortable with tracking for inflation peaking in Q2."
US yields are rising on expectations of a fast pace of rate hikes. The yield on US 10-year notes was last 3.063% after crossing 3.1% overnight for the first time since November 2018.
Germany's 10-year government bond yield rose to 1.057%, its highest since 2014.
MSCI's broadest index of Asia-Pacific shares outside Japan shed 2.87% to its lowest level since March 16, the day when Chinese vice premier Liu He boosted shares by pledging to support markets and the economy.
The benchmark is down 4% from last Friday's close, which would be its worst week since mid-March. Japan's Nikkei bucked the trend, rising 0.69% on its return from a three-day holiday.
Chinese blue chips shed 2.53%, the Hong Kong benchmark lost 3.89% and China's yuan tumbled to an 18-month low in both onshore and offshore markets. ,
China will fight any comments and actions that distort, doubt or deny the country's Covid-19 response policy, state television reported on Thursday, after a meeting of the country's highest decision-making body.
Investors said that appeared to rule out any easing in the zero-Covidpolicy, which is slowing Chinese economic growth and snarling global supply chains.
"The silver lining is the expectation that new Chinese fiscal measures could come out over the weekend," said Dickie Wong, director of research at Hong Kong brokerage Kingston Securities. "That's the only thing giving Asian markets some support at their current low valuations."
Oil prices shrugged off concerns about global economic growth as worries about tightening supply underpinned prices ahead of the European Union's impending embargo on Russian oil.
Brent futures rose 0.29% to $111.78 a barrel. US crude rose 0.23 % to $108.51 a barrel.
Gold ticked down 0.12% to $1874.7 an ounce. | https://www.tbsnews.net/world/global-economy/stocks-cower-dollar-marches-two-decade-highs-414466 | 2022-05-06T13:50:57Z | https://www.tbsnews.net/world/global-economy/stocks-cower-dollar-marches-two-decade-highs-414466 | false | 4 |
ROCHESTER, N.Y. (AP) — More than 40 years after blazing a trail for female video game characters, Ms. Pac-Man was inducted Thursday into the World Video Game Hall of Fame, along with Dance Dance Revolution, The Legend of Zelda: Ocarina of Time and Sid Meier’s Civilization.
The Hall of Fame considers electronic games of all types each year — arcade, console, computer, handheld and mobile. Inductees are recognized for their popularity and influence on the video game industry or pop culture over time.
The Ms. Pac-Man arcade game was released in 1981 as Midway’s follow-up to Pac-Man, which entered the hall as part of the inaugural class in 2015. The Pac-Man sequel reimagined the main character to acknowledge the original game’s female fans, according to the hall. After selling 125,000 cabinets within the first five years, it became one of the best-selling arcade games of all time.
There was nothing inherently gendered about early video games, said Julia Novakovic, senior archivist at the hall. But “by offering the first widely recognized female video game character,” she said, “Ms. Pac-Man represented a turn in the cultural conversation about women’s place in the arcade, as well as in society at large.”
The Class of 2022 was chosen from a field of finalists that also included Assassin’s Creed, Candy Crush Saga, Minesweeper, NBA Jam, PaRappa the Rapper, Resident Evil, Rogue, and Words with Friends. It is the eighth class to be inducted since the World Video Game Hall of Fame was established at The Strong National Museum of Play in Rochester, New York.
Konami’s Dance Dance Revolution, first seen in arcades in Japan in 1998, was recognized for helping to pave the way for other music-centered games like Guitar Hero and Rock Band. The fast-paced game put players on a dance floor with a screen in front to direct their moves.
“Music has been an integral part of human life since prehistoric times, so it comes as no surprise that DDR enjoyed a unique popularity that spanned ages, genders, and regions,” said video game curator Lindsey Kurano.
A home version of the game followed on the Sony PlayStation in 1999.
The Legend of Zelda: Ocarina of Time, also first released in 1998, came out for the Nintendo 64 gaming console and defined what a 3D action video game could be, Hall of Fame officials said. The award-winning game sold more than 7.6 million copies worldwide and continues to be recognized by some players and critics as one of the best video games ever made.
“Even today, developers throughout the world credit The Legend of Zelda: Ocarina of Time as influencing the way they create games,” digital games curator Andrew Borman said. “The game’s sprawling 3D world, fluid combat, complex puzzles and time-shifting story combined to inspire a wonder in players that they have never forgotten.”
Sid Meier’s Civilization, released in 1991, was recognized as an influential simulation and strategy game. The game, which invited players to develop their own empires, launched a series of successor games, including the most recent Civilization: Beyond Earth and Civilization VI.
“The addictive nature of the game, which creator Sid Meier himself called the ‘one more turn’ quality, and its nearly unlimited choices that prevented repetitive gameplay, earned Civilization recognition from Computer Gaming World as the best video game of all time in 1996,” said Jon-Paul Dyson, director of The Strong’s International Center for the History of Electronic games. “Altogether — and given the extraordinarily long periods of play the game afforded — players have engaged with the Civilization series for more than a billion hours.”
Anyone can nominate a game for the World Video Game Hall of Fame. Final selections are made on the advice of journalists, scholars and others with knowledge of the history of video games and their role in society. | https://www.yourcentralvalley.com/news/top-trending-stories/ms-pac-man-headlines-world-video-game-hall-of-fame-inductees/ | 2022-05-06T13:54:10Z | https://www.yourcentralvalley.com/news/top-trending-stories/ms-pac-man-headlines-world-video-game-hall-of-fame-inductees/ | false | 57 |
Find the 2017 Radio Boston interview with Sarah Weddington, produced by Kathleen McNerney and Meghna Chakrabarti, here.
MEGHNA CHAKRABARTI: The recent leak of Supreme Court Justice Samuel Alito’s draft ruling on the most important case in years has the entire nation preparing for a future where the federal government no longer guarantees a woman’s right to access abortion services.
Because the Supreme Court looks set to overturn Roe v. Wade, the landmark case that legalized abortion in America in 1973. That had me digging through my old interviews. Because five years ago, I sat down for a conversation with Sarah Weddington.
In the 1970s, she was the lawyer who represented Jane Roe at the Supreme Court. She was 26 years old.
SARAH WEDDINGTON [Archival Tape]: We are once again before this Court to ask relief against the continued enforcement of the Texas abortion statute.
CHAKRABARTI: That Texas statute at the time held that all abortions were illegal except those performed to save the life of the woman. Weddington argued that was unconstitutional.
WEDDINGTON [Archival Tape]: We do not ask this court to rule that abortion is good or desirable in any particular situation. We are here to advocate that the decision as to whether or not a particular woman will continue to carry or will terminate a pregnancy is a decision that should be made by that individual. That in fact, she has a constitutional right to make that decision for herself.
CHAKRABARTI: For some interesting reasons you’ll hear about later, oral argument in Roe happened twice. First in December 1971, and then again in October 1972. Then on January 22, 1973, the court issued its opinion. Seven of the justices agreed with Weddington, a decision that legalized abortion across the country.
However, there is every indication now that this June, almost 50 years after Weddington’s victory, the Supreme Court will overturn Roe v. Wade. Sarah Weddington won’t know that. She died last year. December 26th, 2021, in Austin, Texas. She was 76.
I sat down with Sarah Weddington in 2017. Today, we’re offering that conversation to you once again. And I started by asking her what drew her to the Roe case to begin with, because she seemed an unlikely attorney for such a controversial case. Back in the 1970s, a newspaper had described her as, quote, hardly countercultural. Middle class and married, the daughter of a Methodist minister and a person who headed her chapter of the Future Homemakers of America.
WEDDINGTON: Now, I was also the drum major for the Canyon Junior High Band, and then I was the secretary of the freshman class at law school. You know, there were so few women then. When I was at Harvard Law School yesterday, with some of their particularly women students. And the dean, of course, is a female. We were talking about the fact that at that point there were five women in my law school class out of about 150, 250. You know, we were such a small group.
CHAKRABARTI: This was in the 1960s. Mid 1960s?
WEDDINGTON: Yes.
CHAKRABARTI: There was a lot of change and a lot of thinking about challenging laws restricting reproductive rights in Texas. So tell us the story then of how you eventually met up with Linda Coffee, who was your coach?
WEDDINGTON: She was another woman out of the five who was in my class in law school. And so this group of mostly women, two men, we were talking in the law school lounge one day. And they said, you know, we’re really worried we’re going to get prosecuted as accomplices to the crime of abortion for sending people to various places.
We really think we need to file a lawsuit. And so I said I’d research it and I did. And I came back and we met again. And they said to me, Sarah, what would you charge us to bring a case against this law? And I said, Oh, I’d do it for free. And they said, You are our lawyer.
CHAKRABARTI: Now, in those early days before the case began making its way through the court system, I mean, what was your initial thought about the legal basis on which to challenge abortion restrictions?
WEDDINGTON: There had been one prior case that was Griswold v. Connecticut. It was a case really about contraception, where contraception was illegal. And a woman named Estelle Griswold, who was the director of the New Haven Planned Parenthood, and her doctor, a man named Lee Buxton, had given a contraceptive device, as it’s described in the case, to a married couple.
They were arrested, prosecuted and convicted of being, you know, giving contraception, which was illegal. So they filed suit against that and they won their case based on the 14th Amendment, which was privacy, that a woman has a right of privacy to decide for herself whether to continue or terminate a pregnancy.
And so that was the basic thing we argued. But to tell you the truth, we also argued the first, the fourth, the fifth, the eighth, the ninth and the 14th Amendment. And in the Supreme Court hearing that one of the judges said, in other words, Ms. Weddington, anywhere we’ll find it is okay with you. And I said, yes, sir, but I thought the right of privacy would be the one.
CHAKRABARTI: You know, it’s such a potent argument and obviously it was a convincing one, when the decision, the landmark decision was issued by the Supreme Court in 1973. But as you well know, I mean, there are a lot of conservative legal scholars and anti-abortion activists who to this day insist that there is no right to privacy enumerated explicitly in the Constitution.
WEDDINGTON: Well, and there’s not the word privacy, but when you put together what the people writing the Constitution were trying to do, keep the government out of determining the most vital parts of your life, then there was a right of privacy, and that’s just the words the Supreme Court used to describe it.
CHAKRABARTI: So let’s hear exactly how Sarah Weddington made that argument. This is an extended excerpt of the first time she argued the case at the Supreme Court in 1971. The excerpt is a couple of minutes long, which is longer than we’d usually play. But it’s fascinating to hear how Weddington builds her argument.
That while the right to an abortion may not be explicitly stated in the Constitution, it need not be. Since she argued that the liberties provided by what she called the penumbra of the Constitution as a whole were clear. The exchange begins with Justice Potter Stewart.
POTTER STEWART [Archival Tape]: You told us about the important impact of this law, and made a very eloquent policy argument against it. I trust that you are going to get to provisions of the constitution you rely on. …
WEDDINGTON [Tape]: … Your Honor, in the lower court, as I’m sure you’re aware, the court held that the right to determine whether or not to continue a pregnancy rested upon the Ninth Amendment, which of course reserves those rights not specifically enumerated to the government, to the people. I think it is important to note in a Law Review article recently submitted to the Court and distributed among council by Professor Cyril Means entitled “The Phoenix of Abortional Freedom” that at the time the Constitution was adopted, there was no common law prohibition against abortions.
That they were available to the women of this country. Certainly under the Griswold decision, it appears that the members of the court in that case were obviously divided as to the specific constitutional framework of the right which they failed to exist in the Griswold decision. I’m a little reluctant to [assign] to a wisdom that the court was not in agreement on.
I do feel that it is that the Ninth Amendment is an appropriate place for the freedom to rest. I think the 14th Amendment is equally an appropriate place under the rights of persons to life, liberty and the pursuit of happiness, I think. And as far as liberty is meaningful that liberty for these women would mean liberty from being forced to continue the unwanted pregnancy. …
CHAKRABARTI: Sarah Weddington in oral argument in 1971. In our 2017 interview, Weddington went on to tell me that the rights of women weren’t the justices only concern. The High Court also took into consideration the rights of physicians who treated women who sought abortions.
WEDDINGTON: Blackmun was the person who wrote the opinion. He had been the medical, well, the legal counsel for Mayo Clinic before he went on the bench. And so he was particularly concerned about doctors, the impact of these laws on doctors. And then doctors talked to him at Mayo Clinic about the tragedies that happened because of the laws, because laws against abortion don’t end the abortion or keep them from happening.
They just make them much more dangerous. Parkland Hospital in Dallas is a very famous trauma hospital. That’s where John F. Kennedy was taken when he was shot. And that hospital had a ward called the IOB ward, Infected Obstetrics. And it was basically for women who had done self abortion, who had had illegal abortion, sometimes by people who had no skill and ended up really perforating and all kinds of problems.
And so a lot of the doctors, almost all of them in that period who were in law school, ended up if they were in Dallas, working in the IOB ward. So they spent a lot of time trying to save their fertility, trying to save the lives of women who were there because of abortion.
CHAKRABARTI: Sarah Weddington’s Texas roots ran deep. Clearly, the constitutionality of Texas law was at question in Roe v. Wade. But when you hear the entirety of the oral arguments in the 1970s, you also hear how Texas culture comes into play right off the bat. When Chief Justice Warren Burger introduced the attorney defending Texas law. The state’s assistant attorney general, Jay Floyd.
Floyd spent considerable time arguing that Jane Roe did not have the standing to bring the case to court, because as the case worked its way from Texas to Washington, Jane Roe no longer needed an abortion. She had given birth and put the baby up for adoption. Justice Potter Stewart, though, asked Floyd, what about other Texas women?
POTTER STEWART [Archival Tape]: What procedure would you suggest for any pregnant female in the state of Texas ever to get any judicial consideration of this constitutional claim?
JAY FLOYD [Tape]: Your Honor, let me answer your question with a statement, if I may, and I do not believe it can be done. There are situations in which a course of record knows no remedy is provided. I think she made her choice prior to the time she becomes pregnant. That is the time of the choice. It’s like more or less well, the first three or four years of her life, we don’t remember anything. But once a child is born, a woman no longer has a choice. And I think pregnancy then terminates that choice.
STEWART [Tape]: Maybe she makes a choice when she decides to live in Texas.
CHAKRABARTI: I want to talk with you in more detail about the legal path that you took to arguing Roe in the Supreme Court. But let me just step aside here for a second and ask about your own personal experience. Because in 1992, you wrote a memoir in which for the first time, I think you made public that you have direct experience with this question of of abortion.
WEDDINGTON: Right.
CHAKRABARTI: Can you tell us that story?
WEDDINGTON: Sure. In the 60s, while I was in law school, I was dating a man, Ron Weddington, and became pregnant. And so I had to finish law school. I had to put him through law school. I had lots to do, and just could not stop to have a pregnancy at that point.
So, Ron asked somebody who knew somebody who knew a name in Mexico, I remember it was $400 I had to give him. And we drove to Mexico, found this office. I can still remember thinking, Oh, I hope I don’t die. And even more than that, I hope no one ever finds out about this. You know, I look back now, it was so scary at the time, but I was back and at work and in school Monday morning.
CHAKRABARTI: Even with the cushion of many decades, it still sounds terrifying. I mean, having done it sounds it does sound frightening to me. I mean, to cross the border and put your life and health in the hands of someone you never even met.
WEDDINGTON: But you think about so many women that have had terrible experiences. I was one of the lucky ones because I had the money.
CHAKRABARTI: Well, how much of the fact that even though you say you were one of the lucky ones and you had the money, you still had to go to extraordinary means to get this procedure. I mean, how much of your own personal experience helped drive you to, you know, wanting to pursue Roe the way you and Linda Coffee did all the way to the Supreme Court?
WEDDINGTON: Well, certainly part of it, because I didn’t want anybody else to ever have to go through that.
CHAKRABARTI: Now, you were 26 years old when you presented your oral argument before the United States Supreme Court. That fact, in fact, in itself is quite remarkable to me.
WEDDINGTON: I think so, too. And now I look back, I think, oh, my gosh. But it’s interesting because they still think around the Supreme Court that I was the youngest person ever to argue in the Supreme Court, man or woman.
CHAKRABARTI: And I mean, also, we should note at that time, all nine justices were men.
WEDDINGTON: Oh, yeah. And there were seven the first time. Then the second time we argued it was nine men.
CHAKRABARTI: And why did it have to go back for that second time?
WEDDINGTON: Well, the first time we argued, there were only seven justices and there were a number of the judges who felt they should hold it until there were nine judges, because it was such an important and controversial case that it would be better to have the involvement of nine judges.
CHAKRABARTI: Well, we actually have some of the audio from the oral arguments that you gave before the Supreme Court. Again, the oral argument happened in 1972. The decision came out in 1973. So here’s a little excerpt. This is where Justice Harry Blackmun is questioning you over what constitutes the rights of a fetus. Here we go.
SARAH WEDDINGTON [Tape]: But here we have a person, the woman entitled to fundamental constitutional rights as opposed to the fetus prior to birth, where there was no establishment of any kind of federal constitutional rights.
HARRY BLACKMUN [Tape]: Well, do I get from this, then, that your case depends primarily on the proposition of the fetus has no constitutional rights?
WEDINGTON [Tape]: It depends on saying that the woman has a fundamental constitutional right and that the state has not proved any compelling interest for regulation in the area. Even if the court at some point determined the fetus to be entitled to constitutional protection, you would still get back into the weighing of one life against another.
CHAKRABARTI: Help me understand. How did you feel when you’re standing before those nine those nine justices and you were making the oral argument? I mean, this sounds so silly me asking you this, but I got to do it anyway. I mean, were you nervous?
WEDDINGTON: Yes. … And part of it was because the outcome of that case was so important, it was going to affect the lives of countless women and families across this country for years. And the only thing is, if you had said to me that day, you’re still going to be talking about this in 44 plus years, I wouldn’t have believed that.
CHAKRABARTI: When you found out that the case had been decided in your favor, it was 7-2. Right?
WEDDINGTON: Yes. Because then we had nine judges and I had run for the legislature in Austin, Texas, because I didn’t know if I was winning or losing the case. So we thought, well, if we don’t win in the Supreme Court, at least you would be in the legislature and you could introduce legislation to make abortion legal in Texas. And we think we can get the votes to do it.
CHAKRABARTI: And when you found out that —
WEDDINGTON I was in the legislature.
CHAKRABARTI: Your reaction?
WEDDINGTON: Well, first the phone rang and an assistant answered it and it was a reporter from The New York Times. And that reporter said, Does Ms. Weddington have a comment today about Roe v. Wade? The assistant who answered the phone said, should she? And the reporter said it was decided today. And the assistant said, how was it decided? And the reporter said she won it 7-2.
And that was so exciting, except just knowing I won, but not knowing what the opinion said, what the grounds were. I couldn’t really talk to the press much because I just said, Oh, I’m so excited. But on what basis was this? So I called a friend in Washington and said, Go to the court, get a copy of the opinion, read it, call me back, tell me what it says. And she did. So then the next day, I started making comments.
CHAKRABARTI: Now, Sarah Weddington, of course, you know that Norma McCorvey, who was Jane Roe in Roe v. Wade, years after the case was decided, she underwent a total transformation in her view of abortion, and she ended her life being totally opposed to all abortions. That said, I wanted to ask you about your relationship with her during the time of the case.
Because in 1994, Norma McCorvey had this very interesting, powerful quotation in The New York Times. She was describing how in one of the first meetings she had with you in the early days of Roe v. Wade, that you had met her in a pizza parlor and she was telling you that she desperately needed an abortion. Then she told The New York Times, quote, She needed me to be pregnant for her case. I set Sarah Weddington up on a pedestal like a rose petal. But when it came my turn, well, Sarah saw these cuts on my wrists, my swollen eyes from crying, the miserable person sitting across from her. And she knew she had a patsy.
Well, she goes on and says she knew I wouldn’t go outside the realm of her and Linda. I was too scared. It was one of the most hideous times of my life. So I wonder what your reaction is to that, that, you know, Norma McCorvey says that she was your patsy?
WEDDINGTON: No, I really respected her for a long time because I had explained to her that pregnancies didn’t take as long as cases did. And we would try to do the case as fast as we could and get a decision. But it was unlikely we would get it in time for her to have an abortion.
And so we were very careful to explain those things. But the fact that she seemed to have thought now that I should tell her where an abortion was, which was illegal, and probably pay for it, because she didn’t have any money. No, I’m not going to tell my clients to go do illegal things.
CHAKRABARTI: You know, Sarah Weddington, one of the reasons why I just wanted to to touch on Norma McCorvey’s own transformation regarding her view on abortion is I think it’s sort of emblematic on how unsettled the nation as a whole still feels. I mean, Roe happened. It’s still legal, but obviously abortion is one of the most controversial issues in the United States today.
I mean, we were looking at state by state statistics and found that some 22 states right now in the United States have six or more abortion restrictions on the books. So I’m wondering, I mean, regardless of if another case makes it all the way to the Supreme Court that challenges the constitutionality of Roe itself, it seems as if at the state level, it may not even matter, because there’s been a very successful effort to make abortion access harder and harder. Does that concern you?
WEDDINGTON: Oh, yes. You have a reduced number of doctors who are willing to help women who are in need of reproductive rights issues and abortion. And the more restrictions that are passed, the harder it is for them. In Texas, a lot of those restrictions have been passed in recent years. … For a while they were half the number of abortion clinics that there had been before those laws passed.
Now there are even fewer. And so you’re making it where women have to travel, sometimes across the state, sometimes across state lines. And there was one time when Trump was being interviewed and the interviewer said, Well, what if a woman has to go across state lines. And he said, Well, she just has to go across state lines. But that’s someone talking who I think has a helicopter of his own, and a plane of his own, and a big retinue of cars and ways to go and the money. A lot of women don’t have that.
CHAKRABARTI: Are you concerned that under a Trump administration, if we get, you know, more than just this one new Supreme Court seat, if we get some more substantial change in the court, that Roe could get overturned?
WEDDINGTON: I’m worried about that. … And partly because Ruth Bader Ginsburg, who’s one of the advocates for women being able to make their own decisions, is 83. There are another couple of the judges who are late seventies. One judge I’m concerned about, but not frantic about. Whereas if you ended up with several new judges, then that really concerns me. Because if you look at who would be appointing them, who would be confirming them, we could have a situation where we might not be able to keep a majority.
CHAKRABARTI: Now, my final question to you. I mean, we’ve talked a lot about the legal arguments you made in front of the Supreme Court. But I think one of the reasons, maybe the reason why abortion remains such a contentious issue in the United States is that people have profound moral questions about it. So for those folks listening who currently believe that abortion is murder, how do you respond when people say that?
WEDDINGTON: Well, first, I think it’s a question of who gets to make the decision. Because if you again, like I said in the oral argument, if you look at the Constitution, and even the Bible talks about when the first breath is taken, not when conception occurs. So I respect that there are some people who have that, you know, once conception occurs, that’s it. But I still think it comes down to who gets to make that decision. And I just don’t think it could be the government.
CHAKRABARTI: My conversation with Texas attorney Sarah Weddington from 2017. Weddington died last year in December of 2021.
Guest
Sarah Weddington, Texas attorney who successfully argued Roe v. Wade before the U.S. Supreme Court. Former Texas state representative and founder of The Weddington Center.
This article was originally published on WBUR.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wrvo.org/2022-05-06/web-extra-the-lawyer-who-argued-for-roe-in-roe-v-wade | 2022-05-06T13:56:39Z | https://www.wrvo.org/2022-05-06/web-extra-the-lawyer-who-argued-for-roe-in-roe-v-wade | false | 9 |
Runnin’toluvya third in return to action
It was a long time between starts for millionaire Runnin’toluvya. Prior to Saturday’s seventh at Charles Town Races, the Fiber Sonde gelding, a millionaire, hadn’t run since December 11, 2020. Making his first start in nearly 17 months, Runnin’toluvya turned in a solid performance, finishing third...
www.theracingbiz.com | https://www.newsbreak.com/news/2589044855553/runnin-toluvya-third-in-return-to-action | 2022-05-06T13:59:13Z | https://www.newsbreak.com/news/2589044855553/runnin-toluvya-third-in-return-to-action | true | null |
Family mistakes coyote pup for dog, takes it home
(CNN) - A Massachusetts family took home what they thought was a lost dog, only to later realize it was actually a coyote pup.
They called a wildlife center for help.
The pup is a young male who was separated from his family, the center said.
Health officials helped determine the coyote, fortunately, did not pose a risk of rabies exposure.
Coyotes are a rabies vector species and if any of the family members had been bitten, scratched, or had extended contact with the pup, it would have been euthanized and tested.
It is recovering in isolation but will soon be joined by a foster sibling.
The pups will be raised together and given a chance to grow and learn natural behaviors in large, outdoor caging.
Copyright 2020 CNN Newsource. All rights reserved. | https://www.wbrc.com/2022/05/06/family-mistakes-coyote-pup-dog-takes-it-home/ | 2022-05-06T14:01:42Z | https://www.wbrc.com/2022/05/06/family-mistakes-coyote-pup-dog-takes-it-home/ | true | null |
Hello, friends.
Rutschman is creeping closer every day. We still do not have an official day when Adley Rutschman will arrive in Baltimore to debut with the Orioles, but as of yesterday he’ll be only a level away. After only a few days at Double-A Bowie, the O’s promoted both Rutschman and high-ranked pitching prospect D.L. Hall up to Triple-A Norfolk. They are on the cusp of making it to the bigs.
For Rutschman, the Baltimore arrival will probably be much sooner. Hall, who pitched for Bowie yesterday, was only built up to a pitch count of 60. The team will, if nothing else, probably want him to get fully stretched out, and they may want him to make a few more Triple-A starts beyond that. Rutschman, though, it seems like he’s ready. I remain convinced we will see him on either May 16th - the start of the homestand after this current one - or May 20th - the Friday of that next homestand. Today, you can find him in Nashville.
In the meantime, things are kind of... fun with the Orioles right now? It feels weird to say this considering how much of a joyless slog it’s been around here for the past four years. And Rutschman isn’t even here yet! But the last couple of O’s games have been fun, with the Orioles delivering their brand new Home Run Chain into our lives. This is the kind of thing that good teams do when they’re winning. It’s fun to share in even a little of that.
The Orioles knocked off the Twins last night with five solo home runs, including two by Ryan Mountcastle. The Chain is powerful. Check out Andrea’s recap of the game for the lovely totals, and don’t forget to vote in the MBP poll.
We’ll have to see if this offensive explosion continues into the weekend series against the Royals. It seems like it’s going to be a cool, rainy environment, probably not ideal home run weather. The Orioles could go right back to what we’ve seen out of them in April. It’s going to be a lot less fun if the last couple of games are just a two-game interlude before the train heads off for Suckville again.
Still, if we’ve learned anything over the last few seasons, enjoy the days where the O’s make you a little happy, since there’s no way to know how long they will keep it up. Their 10-16 record has them on pace for a 62-100 season. We have the Home Run Chain. And we haven’t even started seeing the really fun players yet.
The O’s are back in action tonight for a scheduled 7:05 game, again depending on the rain. Jordan Lyles is set to start for the Orioles, with Carlos Hernández pitching for Kansas City.
Around the blogO’sphere
Orioles’ home run chain links long balls and light hearts: ‘When we have fun, we play good’ (The Baltimore Sun)
The Home Run Chain is not to be denied. Apparently, Rougned Odor and Robinson Chirinos just acquired it from a fan in the stands and suddenly there it was. This may be the biggest contribution that Odor makes to the Orioles this year.
I mean, just look at this thing!
Here is the Orioles home run chain (by Julio Cortez of the Associated Press) pic.twitter.com/1PAgrvjNHn
— David Brown: Baseball Demonstrator (@AnswerDave) May 6, 2022
Lakins at a loss to explain home runs (School of Roch)
I think an obvious answer presents itself, but I can appreciate the difficulty of a professional baseball player in acknowledging the obvious negative.
Q&A with Austin Hays: Talking health, happiness, and the left-field wall (The Athletic)
Among the goals Hays has set for himself, he wants to play in at least 150 games. If he can stay that healthy all year, I think that will mean good things.
Orioles claim former top prospect Logan Allen (Orioles.com)
The waiver wire has brought a former top 100 pitching prospect, younger than any other player who’s yet to throw a pitch for the 2022 Orioles, into the mix. We’ll see if he sticks around or if he’s just short-term churn.
Birthdays and Orioles anniversaries
On this day a decade ago, the Orioles played the famous Chris Davis Pitching Game, with Davis ending up as the winning pitcher in a wild 9-6, 17-inning affair. In what may be the best take I have ever posted to this website, I concluded the game recap by saying, “We might just have a real goddamn baseball team on our hands here.”
You don’t have to go all the way back to 2012 to find an Orioles win on May 6, though. They won the last time they played a game on this day. That was in 2019, when the team rode one four-run inning to a 4-1 win over the Red Sox. John Means got the win after seven innings allowing just one run. Jonathan Villar’s grand slam accounted for 100% of the Orioles runs.
There are a few former Orioles who were born on this day. They are: 2015 outfielder Gerardo Parra, 2000-01 reserve Mike Kinkade, 1994 reliever Tom Bolton, and 1958-59 twelve gamer Leo Burke. The Hagerstown-born Burke turns 88 years old today, so an extra happy birthday to him.
Is today your birthday? Happy birthday to you! Your birthday buddies for today include: French Revolution figure Maximilien Robespierre (1758), The Phantom of the Opera author Gaston Leroux (1868), movie man Orson Welles (1915), baseball Hall of Famer Willie Mays (1931), actor George Clooney (1961), and hockey goaltending legend Martin Brodeur (1972).
On this day in history...
In 1527, the city of Rome was sacked by mutinying troops belonging to the Holy Roman Empire. Historians recognize this event as the end of the Renaissance era.
In 1889, the Eiffel Tower officially opened to the public.
In 1937, the zeppelin Hindenburg caught fire while attempting to dock in New Jersey. 35 of the passengers and crew plus one unlucky person on the ground were killed. Somehow, 62 passengers/crew survived.
**
And that’s the way it is in Birdland on May 6. Have a safe Friday. Go O’s! | https://www.camdenchat.com/2022/5/6/23058531/orioles-news-rumors-scores-home-run-chain | 2022-05-06T14:02:54Z | https://www.camdenchat.com/2022/5/6/23058531/orioles-news-rumors-scores-home-run-chain | false | 1 |
Bhilgaon pipt Blossom Star in Super Over
By Lokmat English Desk | Published: May 6, 2022 07:00 PM2022-05-06T19:00:02+5:302022-05-06T19:00:02+5:30
After both the teams scored identical 74 runs in eight overs the match was decided via Super Over. In ...
After both the teams scored identical 74 runs in eight overs the match was decided via Super Over.
In Super Over, Bhilgaon scored 18 runs in one over. Sonu scored 17 runs from five deliveries.
Blossom XI managed 17 from Rajat Sharma’s over thus losing the match by one run. Sharma was named man of the match.
In other matches, Greener India and Diamond XI recorded contrasting wins over their respective rivals. An all round performance from Yash Tiwari helped Greener India beat Badshah Tigers XI by 12 runs. Middle order batter Tiwari scored 25 runs from nine balls while Ayaz Sheikh (10), Ashish Charke (11) and Naresh Chaudhary (13) contributed well as they posted 74 for seven in eight overs.
Deepak took five wickets for Badshah Tigers XI and Mahesh Bawane took two.
In reply, Badshah Tigers XI were bundled out for 62 with Tiwari and Shahid Sheikh taking three wickets each. Shubham Jha took two. For the losing side, Khalid Khan scored 17 runs. Tiwari was declared man of the match.
In another match, Diamond XI thrashed Pharma XI by eight wickets. Pharma XI were bundled out for a paltry 29 runs in 7.2 overs with Diamond’s Nuresh Nandanwar taking four wickets. Pawan Balpande and Rohan Zade took two each. Sohel Mohammed was the top scorer for Pharma with 10 runs.In reply, Diamond XI achieved the target in 2.3 overs. Sandesh Durugwar scored 19 runs and Gajju Wanjari hit 15.
Other result: Manali Brothers (69-5, Sumit Kothare 24, Shubham Bhongade 23; Rishikesh Nayar 3 wickets) bt Just Cricket (48-8) Rakesh Lehere 10; Ram Sonvane 4 wickets, Rajat Nagrale 3 wickets) by 24 runs.
Open in app | https://www.lokmattimes.com/nagpur/bhilgaon-pipt-blossom-star-in-super-over-1/ | 2022-05-06T14:03:00Z | https://www.lokmattimes.com/nagpur/bhilgaon-pipt-blossom-star-in-super-over-1/ | false | 1 |
NEW YORK, May 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DKNG, CCXI, OPEN, ONEM, and ENSV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- DKNG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DKNG&prnumber=050620221
- CCXI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCXI&prnumber=050620221
- OPEN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=OPEN&prnumber=050620221
- ONEM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ONEM&prnumber=050620221
- ENSV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENSV&prnumber=050620221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wafb.com/prnewswire/2022/05/06/thinking-about-buying-stock-draftkings-chemocentryx-opendoor-technologies-1life-healthcare-or-enservco-corp/ | 2022-05-06T14:04:14Z | https://www.wafb.com/prnewswire/2022/05/06/thinking-about-buying-stock-draftkings-chemocentryx-opendoor-technologies-1life-healthcare-or-enservco-corp/ | false | 5776 |
Q BioMed Outlines Strategy and Value Proposition in Multi-Billion Dollar Markets
Published: May. 6, 2022 at 8:30 AM EDT|Updated: 1 hours ago
Management's assessment and value of Q BioMed outlined
NEW YORK, May 6, 2022 /PRNewswire/ -- Q BioMed, Inc. (OTCQB: QBIO) a commercial-stage biotechnology development company outlines its strategy and value proposition for its stakeholders and shareholders.
Q BioMed Inc. is a commercial stage biomedical acceleration and development company focused on licensing, acquiring, and providing strategic resources to innovative and value driven biotech asset development. We have mitigated some traditional biotech single-asset risks by acquiring multiple assets over time and across a broad spectrum of disease indications and in large addressable markets. We have spent the last 6 years developing our portfolio to a point where its value is starting to be realized. The focus for 2022 and beyond is to monetize the current pipeline and build a platform for future growth. There are 4 areas of focus: commercial product revenue growth, partnerships, joint venture equity value and future development platform.
Commercial Product Revenue Growth: Strontium89 FDA Approved Radiopharmaceutical for the treatment of metastatic cancer bone pain.
We believe that Strontium89 has great potential in the cancer palliation space. As a result of a world in which opioids were a treatment of choice for those patients unlucky enough to be diagnosed with painful metastatic cancers in the bone, we felt that Strontium89 had become a neglected and forgotten drug. We have stayed committed to our belief that Strontium89 is a valuable treatment and have focused on advancing that asset from concept, a neglected drug, to a fully approved, reimbursed commercial product. Since we acquired Strontium89, we have built an infrastructure to commercialize the product, including manufacturing, branding, pharmacovigilance, reporting, federal supply contract, and entering into distribution agreements in the United States and several other countries. We believe that our last remaining investment is now focused on a sales team to promote the drug both in federal and non-government institutions and clinics. Revenue has started to grow even without a sales force fully deployed. We expect revenues to grow steadily and over the next 12-18 months. Our sales for March, the start of our Q2, have already exceeded those of our Q1 revenue number and we recently received a $500,000 order from our distribution partner to supply the Chinese market, which we will begin fulfilling once all the required licenses and logistics are in place. We are encouraged by this growth in the absence of a field sales force, which we expect to deploy post funding.
We believe this asset alone has a value exceeding that of the current market cap of the entire company. With sales expected to hit the million dollar mark this year, $3 to $5M next year and $5 to $7M in 2024, a reasonable net present value for this asset alone could be $15M conservatively.
Mannin Research Platform Drugs for ARDS, Glaucoma, Kidney Diseases and others in several multi-billion markets.
With the uptake of vaccines for COVID-19 growing, the infection numbers are still soaring around the world due to new variants and communities growing apathy and resistance to mandates and social restrictions. In partnership with Q BioMed Inc.. Mannin Research Inc. (Mannin), our technology partner, is developing a unique, novel and first-in-class therapeutics for patients with Acute Respiratory Distress Syndrome (ARDS). In addition, Mannin is developing a companion diagnostic to detect ARDS in both COVID and non-COVID patients.
ARDS is seen in both moderate-to-severe COVID patients as well as non-COVID. The therapeutic in development treats the patients (the Host), not the virus (or other pathogen). It acts on the host to improve endothelial cell function. We believe this makes it an invaluable treatment for Corona viruses, as well as other viruses like influenza. The ARDS therapeutic and companion diagnostic are strategically important set of tools needed for the future. We expect it to be ordered by governments around the world as part of a pandemic therapeutics strategy, augmenting the vaccine strategy already in place. The market for this kind of treatment in the current pandemic climate is substantial and global. ARDS is a $50 billion a year market.
Independent of Q BioMed's contributions, Mannin has raised more than $10million USD to enable the rapid development, manufacturing, and initial clinical testing with COVID patients of the ARDS therapeutic.
Mannin expects to raise additional financing, much of which may be non-dilutive over the next 12 months in order to scale-up and accelerate its manufacturing process and begin large clinical scale trials.
As part of this acceleration Mannin's team of experts in this field has now been expanded to over 20 scientists and engineers with world-class expertise in commercial manufacturing of protein therapeutics.
The financing activities of Mannin and the progress with its ARDS program has effectively de-risked much of the program as its enters clinical trials within the next 10 months.
Successful clinical safety data in the Phase I clinical program for ARDS ($50B) will support the development of two additional therapeutics in adjacent markets, glaucoma ($7B) and kidney disease ($70B)
With safety data achieved in the phase I, the de-risking of the asset in the Phase I trial, we believe there are licensing opportunities for the glaucoma and kidney disease indications as well.
What does that mean for Q BioMed? Based on our current agreement and potential equity stake, this could easily double our current market cap on a mark to market valuation of the equity; with a forward-looking net present value being significantly higher. If the Mannin value is achieved based on the asset development roadmap, as well as the expected license and marketing revenues, it could be a contingent asset value of approximately $60M for Q BioMed.
UTTROSIDE B – Liver Cancer Chemotherapeutic
Along with our developmental partners, we are advancing an innovative treatment for liver cancer, a disease indication that currently has a high unmet need. This molecule was identified in India, traditionally used to treat liver ailments. Subsequent research on that isolated molecule showed promising data, indicating that the molecule was more cytotoxic, killing cancer cells more effectively, in liver cancer cells lines than the current first line liver cancer chemotherapeutic. We have advanced this from a naturally occurring unsustainable plant product to a commercially viable and scalable synthetic drug candidate. This provides an opportunity to partner this asset with a larger oncology focused institution. Currently, there are only two approved first-line liver cancer therapies. We have received Orphan Drug Designation, and we are now preparing to advance this toward clinical partnership. The current first line chemotherapeutic for liver cancer is a billion dollar a year drug with very little competition. Putting this asset into a fully funded clinical program would highlight its value in a billion-dollar addressable market segment.
Development Platform – Rare Disease Focus
During 2022 we will focus our future development platform on the Rare Disease Space. This focusses our resources on an area in which we already have a presence. Our liver cancer drug candidate, Uttroside B, has already received Orphan Drug Designation. We expect to partner this asset in mid-2022 and will grow our development platform through in-licensing or acquisition.
Our planned acquisition in this rare disease platform will also complement our early-stage treatment for young minimally verbal children on the Autism Spectrum. The siRNA target acquisition has one IND ready to start a clinical trial and dozens more indications to follow. This is a platform that could churn out rare disease therapies in markets with little or even no competitive products. This is how some of the biggest names in rare diseases became billion-dollar companies.
Corporate Development
With the outline of the value in the pipeline at Q BioMed, it is extremely disappointing to see the market cap and stock price where it is. It is our belief that this is not due to lack of fundamentals as evidenced by the above opportunities we have created. Our current capital structure has created a roadblock to our ability to fully fund these development opportunities. We are working with our debt holders to navigate to a better cap table and an uplisting to the Nasdaq. This may include changes to management to augment our access to capital and expertise in some areas. As shareholders, our interests are aligned with all of you. Accordingly, we hope that you will realize the value in the deep pipeline at Q BioMed and continue to support our vision to bring important therapies to the patients that need them and of course create real value for you in the process.
About Q BioMed Inc.
Q BioMed Inc. (Q) is a commercial-stage biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital they need to ensure they meet their developmental potential, enabling them to provide products to patients in need.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. There may be other risks and circumstances that management may be unable to predict. When used in this press relese, words such as, "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.
Q BioMed Media Contact:
Denis Corin
CEO
Investor Relations:
Keith Pinder
+1(404) 995-6671
ir@qbiomed.com
View original content:
SOURCE Q BioMed, Inc.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.fox19.com/prnewswire/2022/05/06/q-biomed-outlines-strategy-value-proposition-multi-billion-dollar-markets/ | 2022-05-06T14:04:21Z | https://www.fox19.com/prnewswire/2022/05/06/q-biomed-outlines-strategy-value-proposition-multi-billion-dollar-markets/ | false | 15 |
UAV Navigation joins EUROCAE
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Johnny Depp's team calls Amber Heard testimony 'the performance of her life'
A spokesperson for Heard immediately hit back, accusing Depp's team of persecution
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Johnny Depp’s team has accused Amber Heard of delivering “the performance of her life”.
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The actress returned to the witness stand at Fairfax County Circuit Court on Thursday as part of the former couple’s legal row and accused her ex-husband of being jealous and abusive, alleging he sexually assaulted her with a bottle, and now Depp — who is suing Heard for defamation and destroying his reputation with a 2018 op-ed about being a survivor of domestic abuse — and his legal team have accused Heard of presenting “fallacies… as fact”.
His spokesperson said: “As Mr. Depp’s counsel correctly predicted in their opening statements last month, Ms. Heard did indeed deliver ‘the performance of her life’ in her direct examination.
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“While Ms. Heard’s stories have continued to grow new and convenient details, Mr. Depp’s recollections have remained exactly the same throughout the six painful years since her first allegations were made. His truth — the truth — is the same no matter the environment in which it has been presented.
“The upcoming cross examination from Mr. Depp’s team will be most telling, and will certainly highlight the many fallacies Ms. Heard has now attempted to pass off as fact throughout her convoluted testimony.”
A spokesperson for the 36-year-old actress immediately hit back, accusing Johnny’s team of “persecuting” her.
The representative said: “As evidenced by the statement just released, Mr. Depp’s defamation claim is falling apart so rapidly that his counsel are turning from prosecutor to persecutor.
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“They boast that Mr. Depp’s story has not changed. If so, since he lost the Domestic Violence Restraining Order and he resoundingly lost the libel case in the U.K., perhaps he should consider a new strategy rather than the recycled approach of attacking the victim, and refusing to take responsibility for his own conduct.
“If Mr. Depp was truly innocent, why has he repeatedly apologized to Ms. Heard and promised to put the ‘monster away for good.’ ”
According to the representative, one of Heards’ “disappointments” is her ex-husband’s “inability to distinguish fact from fiction — a malady which appears to have spread to his legal team.”
The spokesperson added: “That same team is so panicked they are fighting tooth and nail to prevent compelling evidence and photos from being introduced.
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“Small wonder Mr. Depp does not have the fortitude or courage to even look at Ms. Heard at all throughout the proceedings — as he could not in the U.K. trial — and, instead he doodles and snickers.
“Mr. Depp’s behaviour in this trial has been as pitiful as it was in their marriage. Apparently, they feel they must double-down on their demonstrably losing two-part strategy: distract the jury and demonize the victim.”
‘I was scared’
The duelling statements came after Heard broke down in tears on the witness stand on Thursday, when she Depp sexually assaulted her with a liquor bottle and threatened her life shortly after the pair were married.
Heard said she visited Depp in Australia about a month after their wedding in early 2015 when he was filming the fifth “Pirates of the Caribbean” movie.
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On their first evening together, Heard said, a planned dinner at the house where Depp was staying evolved into an argument. Depp, who she said was drinking, pushed her against the refrigerator and held her there by her throat.
Heard said she broke free and retreated upstairs, returning later in her nightgown to find Depp still awake. She said she tried to get him to eat since they had never had dinner, but he was “belligerent” and threw bottles that broke around her.
Depp ripped off her nightgown, leaving her naked, she said, and threw her on a ping-pong table before inserting a bottle into her vagina.
“He was shoving it inside of me over and over,” said Heard, who shook her head and sobbed as she described the episode. She said she kept thinking that she hoped the bottle was not one of the ones that was broken.
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During the assault, Depp repeatedly said “I’ll f—ing kill you,” she told the jury.
“I was scared,” Heard said. “I had just married him.”
A few months later, back home in Los Angeles, Heard said Depp broke her nose and ripped out chunks of hair in another violent encounter.
Depp, 58, testified earlier in the trial that he never hit Heard and argued that she was the one who was the abuser.
The legal case hinges on a December 2018 opinion piece Heard authored in the Washington Post. The article never mentioned Depp by name, but his lawyer told jurors it was clear Heard was referencing him. The couple’s divorce was finalized in 2017 after less than two years of marriage.
Depp, once among Hollywood’s biggest stars, said Heard’s allegations cost him “everything.” A new “Pirates” movie was put on hold, and Depp was replaced in the “Fantastic Beasts” film franchise, a “Harry Potter” spinoff.
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Heard’s attorneys have argued that she told the truth and that her opinion was protected free speech under the U.S. Constitution’s First Amendment.
A state court judge in Virginia’s Fairfax County is overseeing the trial, which is in recess until May 16. Closing arguments are scheduled for May 27.
Less than two years ago, Depp lost a libel case against the Sun, a British tabloid that labeled him a “wife beater.” A London High Court judge ruled he had repeatedly assaulted Heard.
Depp’s lawyers have said they filed the U.S. case in Fairfax County because the Washington Post is printed there. The newspaper is not a defendant. | https://nationalpost.com/news/world/johnny-depps-team-calls-amber-heard-testimony-the-performance-of-her-life | 2022-05-06T14:05:55Z | https://nationalpost.com/news/world/johnny-depps-team-calls-amber-heard-testimony-the-performance-of-her-life | true | 1 |
A shopping centre in Manchester has been sealed off this afternoon following reports of an explosion.
The White City Retail Park Old Trafford has been partially sealed off, and emergency services are currently believed to be at the scene following the incident.
The exact nature of the incident, or seriousness has not yet been confirmed.
A spokesperson for Cadent Gas told the M.E.N: "We have arrived on scene and are checking our assets but there is no suggestion that this is connected to the gas network."
The Mirror contacted Greater Manchester Fire and Rescue Service for a statement
The shopping centre has a number of popular outlets including Aldi, Currys, M&S, Nando's, The Gym and Furniture Village..
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Q BioMed Outlines Strategy and Value Proposition in Multi-Billion Dollar Markets
Published: May. 6, 2022 at 8:30 AM EDT|Updated: 1 hours ago
Management's assessment and value of Q BioMed outlined
NEW YORK, May 6, 2022 /PRNewswire/ -- Q BioMed, Inc. (OTCQB: QBIO) a commercial-stage biotechnology development company outlines its strategy and value proposition for its stakeholders and shareholders.
Q BioMed Inc. is a commercial stage biomedical acceleration and development company focused on licensing, acquiring, and providing strategic resources to innovative and value driven biotech asset development. We have mitigated some traditional biotech single-asset risks by acquiring multiple assets over time and across a broad spectrum of disease indications and in large addressable markets. We have spent the last 6 years developing our portfolio to a point where its value is starting to be realized. The focus for 2022 and beyond is to monetize the current pipeline and build a platform for future growth. There are 4 areas of focus: commercial product revenue growth, partnerships, joint venture equity value and future development platform.
Commercial Product Revenue Growth: Strontium89 FDA Approved Radiopharmaceutical for the treatment of metastatic cancer bone pain.
We believe that Strontium89 has great potential in the cancer palliation space. As a result of a world in which opioids were a treatment of choice for those patients unlucky enough to be diagnosed with painful metastatic cancers in the bone, we felt that Strontium89 had become a neglected and forgotten drug. We have stayed committed to our belief that Strontium89 is a valuable treatment and have focused on advancing that asset from concept, a neglected drug, to a fully approved, reimbursed commercial product. Since we acquired Strontium89, we have built an infrastructure to commercialize the product, including manufacturing, branding, pharmacovigilance, reporting, federal supply contract, and entering into distribution agreements in the United States and several other countries. We believe that our last remaining investment is now focused on a sales team to promote the drug both in federal and non-government institutions and clinics. Revenue has started to grow even without a sales force fully deployed. We expect revenues to grow steadily and over the next 12-18 months. Our sales for March, the start of our Q2, have already exceeded those of our Q1 revenue number and we recently received a $500,000 order from our distribution partner to supply the Chinese market, which we will begin fulfilling once all the required licenses and logistics are in place. We are encouraged by this growth in the absence of a field sales force, which we expect to deploy post funding.
We believe this asset alone has a value exceeding that of the current market cap of the entire company. With sales expected to hit the million dollar mark this year, $3 to $5M next year and $5 to $7M in 2024, a reasonable net present value for this asset alone could be $15M conservatively.
Mannin Research Platform Drugs for ARDS, Glaucoma, Kidney Diseases and others in several multi-billion markets.
With the uptake of vaccines for COVID-19 growing, the infection numbers are still soaring around the world due to new variants and communities growing apathy and resistance to mandates and social restrictions. In partnership with Q BioMed Inc.. Mannin Research Inc. (Mannin), our technology partner, is developing a unique, novel and first-in-class therapeutics for patients with Acute Respiratory Distress Syndrome (ARDS). In addition, Mannin is developing a companion diagnostic to detect ARDS in both COVID and non-COVID patients.
ARDS is seen in both moderate-to-severe COVID patients as well as non-COVID. The therapeutic in development treats the patients (the Host), not the virus (or other pathogen). It acts on the host to improve endothelial cell function. We believe this makes it an invaluable treatment for Corona viruses, as well as other viruses like influenza. The ARDS therapeutic and companion diagnostic are strategically important set of tools needed for the future. We expect it to be ordered by governments around the world as part of a pandemic therapeutics strategy, augmenting the vaccine strategy already in place. The market for this kind of treatment in the current pandemic climate is substantial and global. ARDS is a $50 billion a year market.
Independent of Q BioMed's contributions, Mannin has raised more than $10million USD to enable the rapid development, manufacturing, and initial clinical testing with COVID patients of the ARDS therapeutic.
Mannin expects to raise additional financing, much of which may be non-dilutive over the next 12 months in order to scale-up and accelerate its manufacturing process and begin large clinical scale trials.
As part of this acceleration Mannin's team of experts in this field has now been expanded to over 20 scientists and engineers with world-class expertise in commercial manufacturing of protein therapeutics.
The financing activities of Mannin and the progress with its ARDS program has effectively de-risked much of the program as its enters clinical trials within the next 10 months.
Successful clinical safety data in the Phase I clinical program for ARDS ($50B) will support the development of two additional therapeutics in adjacent markets, glaucoma ($7B) and kidney disease ($70B)
With safety data achieved in the phase I, the de-risking of the asset in the Phase I trial, we believe there are licensing opportunities for the glaucoma and kidney disease indications as well.
What does that mean for Q BioMed? Based on our current agreement and potential equity stake, this could easily double our current market cap on a mark to market valuation of the equity; with a forward-looking net present value being significantly higher. If the Mannin value is achieved based on the asset development roadmap, as well as the expected license and marketing revenues, it could be a contingent asset value of approximately $60M for Q BioMed.
UTTROSIDE B – Liver Cancer Chemotherapeutic
Along with our developmental partners, we are advancing an innovative treatment for liver cancer, a disease indication that currently has a high unmet need. This molecule was identified in India, traditionally used to treat liver ailments. Subsequent research on that isolated molecule showed promising data, indicating that the molecule was more cytotoxic, killing cancer cells more effectively, in liver cancer cells lines than the current first line liver cancer chemotherapeutic. We have advanced this from a naturally occurring unsustainable plant product to a commercially viable and scalable synthetic drug candidate. This provides an opportunity to partner this asset with a larger oncology focused institution. Currently, there are only two approved first-line liver cancer therapies. We have received Orphan Drug Designation, and we are now preparing to advance this toward clinical partnership. The current first line chemotherapeutic for liver cancer is a billion dollar a year drug with very little competition. Putting this asset into a fully funded clinical program would highlight its value in a billion-dollar addressable market segment.
Development Platform – Rare Disease Focus
During 2022 we will focus our future development platform on the Rare Disease Space. This focusses our resources on an area in which we already have a presence. Our liver cancer drug candidate, Uttroside B, has already received Orphan Drug Designation. We expect to partner this asset in mid-2022 and will grow our development platform through in-licensing or acquisition.
Our planned acquisition in this rare disease platform will also complement our early-stage treatment for young minimally verbal children on the Autism Spectrum. The siRNA target acquisition has one IND ready to start a clinical trial and dozens more indications to follow. This is a platform that could churn out rare disease therapies in markets with little or even no competitive products. This is how some of the biggest names in rare diseases became billion-dollar companies.
Corporate Development
With the outline of the value in the pipeline at Q BioMed, it is extremely disappointing to see the market cap and stock price where it is. It is our belief that this is not due to lack of fundamentals as evidenced by the above opportunities we have created. Our current capital structure has created a roadblock to our ability to fully fund these development opportunities. We are working with our debt holders to navigate to a better cap table and an uplisting to the Nasdaq. This may include changes to management to augment our access to capital and expertise in some areas. As shareholders, our interests are aligned with all of you. Accordingly, we hope that you will realize the value in the deep pipeline at Q BioMed and continue to support our vision to bring important therapies to the patients that need them and of course create real value for you in the process.
About Q BioMed Inc.
Q BioMed Inc. (Q) is a commercial-stage biomedical acceleration and development company. We are focused on licensing and acquiring biomedical assets across the healthcare spectrum. Q is dedicated to providing these target assets the strategic resources, developmental support, and expansion capital they need to ensure they meet their developmental potential, enabling them to provide products to patients in need.
Forward-Looking Statements:
This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to, any statements relating to our growth strategy and product development programs and any other statements that are not historical facts. Forward-looking statements are based on management's current expectations and are subject to risks and uncertainties that could negatively affect our business, operating results, financial condition and stock price. Factors that could cause actual results to differ materially from those currently anticipated are: risks related to our growth strategy; risks relating to the results of research and development activities; our ability to obtain, perform under and maintain financing and strategic agreements and relationships; uncertainties relating to preclinical and clinical testing; our dependence on third-party suppliers; our ability to attract, integrate, and retain key personnel; the early stage of products under development; our need for substantial additional funds; government regulation; patent and intellectual property matters; competition; as well as other risks described in our SEC filings. We expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in our expectations or any changes in events, conditions or circumstances on which any such statement is based, except as required by law. There may be other risks and circumstances that management may be unable to predict. When used in this press relese, words such as, "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.
Q BioMed Media Contact:
Denis Corin
CEO
Investor Relations:
Keith Pinder
+1(404) 995-6671
ir@qbiomed.com
View original content:
SOURCE Q BioMed, Inc.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.walb.com/prnewswire/2022/05/06/q-biomed-outlines-strategy-value-proposition-multi-billion-dollar-markets/ | 2022-05-06T14:07:00Z | https://www.walb.com/prnewswire/2022/05/06/q-biomed-outlines-strategy-value-proposition-multi-billion-dollar-markets/ | true | 15 |
PR Newswire
NEW YORK, May 6, 2022
NEW YORK, May 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DKNG, CCXI, OPEN, ONEM, and ENSV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- DKNG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DKNG&prnumber=050620221
- CCXI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCXI&prnumber=050620221
- OPEN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=OPEN&prnumber=050620221
- ONEM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ONEM&prnumber=050620221
- ENSV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENSV&prnumber=050620221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
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Professor Shvetsova’s research focuses on determinants of political strategy in the political process. Broadly stated, these include political institutions that define the “rules of the game” and societal characteristics that shape goals and opportunities of the participant players. Her work belongs in the fields of constitutional political economy and institutional design. She published in The American Journal of Political Science, The Journal of Democracy, Journal of Theoretical Politics, Comparative Political Studies, Electoral Studies, Law and Society Review, Legislative Studies Quarterly, Constitutional Political Economy, Journal of Modern African Studies, and other peer-reviewed journals. She wrote Designing Federalism, co-authored with Mikhail Filippov and Peter Ordeshook (2004, Cambridge University Press) and Party System Change in Legislatures Worldwide (2013, Cambridge University Press) and Formal Modeling in Social Science, both co-authored with Carol Mershon (2019, University of Michigan Press). Professor Shvetsova teaches courses on Constitutional political economy, Comparative Constitutions, Comparative Government, Political Parties, Democratic Institutional Design, Formal Theory, and Political Economy of Health.
"Eight percent is not huge, but it's there. If you're wondering if policies actually matter, apparently they do," Olga Shvetsova, a political-science professor at Binghamton University who led the study, told Insider. Shvetsova said her team did not do
"All of these findings, in conjunction with those of our own research, suggest that amid the current deep divide in U.S. politics, it’s possible to forecast public health outcomes based on whether a state is led by a Republican or a Democrat. For large ch
Political institutions such as the timing of elections and presidentialism had a larger influence on COVID-19 strategies than the institutions organizing national healthcare, according to a research team led by a professor at Binghamton University, State University of New York.
22-Jun-2021 12:30:56 PM EDT | https://www.newswise.com/users/expert/Olga-Shvetsova-10048926 | 2022-05-06T14:09:18Z | https://www.newswise.com/users/expert/Olga-Shvetsova-10048926 | true | 1 |
WESTFIELD, Mass. (WWLP) – Westfield police are asking for the public’s help in finding a missing 13-year-old girl.
According to Westfield Police, 13-year-old Angelina Gorozhankina was last seen on Thursday, May 5 just before 6 p.m. in the area of Baystate Noble Hospital. She was last wearing a grey hooded sweatshirt, blue shorts, and Converse sneakers.
If you have any information on her whereabouts, you are asked to contact the Westfield Police Department at 413-562-5411. | https://www.wwlp.com/news/local-news/westfield-police-looking-for-missing-13-year-old-girl/ | 2022-05-06T14:09:22Z | https://www.wwlp.com/news/local-news/westfield-police-looking-for-missing-13-year-old-girl/ | true | null |
Fury as Mexican couple has a Nazi-themed wedding complete with SS uniforms, swastikas and a CHILD named after Reinhard Heydrich on the anniversary of Adolf Hitler's wedding
- Fernando and Josefina have been slammed for holding a Nazi theme wedding Tlaxcala, Mexico, last month
- The couple celebrated their nuptials April 29, the anniversary of Adolf Hitler's own wedding
- Fernando and his three groomsmen each wore replica suits suits of the Schutzstaffel, the German dictator's elite guard unit
- The couple had also held a civil ceremony on the same date in 2016
- Of Hitler, Fernando said, 'I know that for many people, Hitler is genocidal, a symbol of racism and violence, but people judge without having information'
A Mexican couple has sparked fury after holding a Nazi-style wedding honoring Adolph Hitler.
Fernando and Josefina tied the knot at a church in the state of Tlaxcala - east of Mexico's capital - on April 29, the anniversary of Hitler's marriage to Eva Braun.
The German dictator committed suicide a day later in 1945.
Fernando and his three groomsmen wore replica suits of the Schutzstaffel, a paramilitary unit that served the Nazis - while Josefina wore a white gown.
'If we had not found a mass for today, we would have gotten married next year,' the groom told Mexican news outlet Milenio.
Josefina (left) and Fernando (right) have drawn the ire of the Jewish community after they celebrate a Nazi-theme wedding in Tlaxcala, Mexico, on April 29, the anniversary of German dictator Adolf Hitler's wedding anniversary
Josefina (left) said she was not aware of Adolf Hitler's history but is behind her husband Fernando (right) and his wavering admiration of the German dictator
Fernando (left) and Josefina (right) exit a local church in the Mexico state of Tlaxcala - located east of Mexico City, the capital - following their wedding April 29. They tied the knot for the second since 2016, when they did in a civil ceremony. That wedding was also held on the same date, which marked the anniversary of Adolf Hitler's own wedding
The themed wedding was condemned by Simon Wiesenthal Center in a statement.
'Our institution strongly condemns the distortion and trivialization of the memory of six million Jews murdered in the Holocaust and contempt by those who deny or obfuscate history, as also all those who took part of this Nazi wedding or authorized it,' said Dr. Ariel Gelblung, director for the center's Latin America branch.
'Mexico must adopt the International Holocaust Remembrance Alliance (IHRA) Definition of Antisemitism and incorporate it into its legislation to prevent such hateful behavior.'
Mexico's National Council to Prevent Discrimination (CONAPRED) slammed the couple for their poor taste, indicating 'it is necessary to remember the terrible events that took place on European soil during the Holocaust, a crime without parallel in the history of humanity.'
It is the second time the couple exchanged vows, doing so in a civil ceremony on the same date in 2016.
They were met with death threats at the time after a person who attended the wedding party took to social media to share a photo of their cake, which featured a swastika.
Fernando (left) and Josefina (right) got married on April 29 in a Nazi-theme wedding
Josefina holds a photo shoot in Tlaxcala, Mexico, following her Nazi-style wedding April 29
Fernando, who works in government, and Josefina are parents to two children, Reinhard, named after the Reinhard Heydrich, the Schutzstaffel general, and Hanna Gertrud, in honor of Nazi pilot Hanna Reitsch, who reportedly rescued Hitler from a bunker and Gertrud Scholtz-Klink, who led the National Socialist Women's League.
They baptized their two children at the same church where they got married last week and revealed they did not get any backlash when Fernando showed up at the religious ceremony that officiated by the same priest who married them.
Although Josefina was not aware of the Nazi party and Hitler, she learned about though Fernando.
'I support him because I have a responsible husband,' she said.
The groomsmen greet the couple with the Adolf Hitler salute or the Sieg Heil salute
The 38-year-old Fernando was steadfast is explaining his admiration for Hitler in an interview with Milenio after he exchanged vows with his wife
The Simon Wiesenthal Center slammed the Nazi-style wedding held by Josefina (left) and Fernando (right), saying 'our institution strongly condemns the distortion and trivialization of the memory of six million Jews murdered in the Holocaust and contempt by those who deny or obfuscate history, as also all those who took part of this Nazi wedding or authorized it'
The 38-year-old Fernando was steadfast is explaining his admiration for Hitler in an interview with Milenio after he exchanged vows with his wife.
'I know that for many people, Hitler is genocidal, a symbol of racism and violence,' he said. 'But people judge without having information or by believing in the history of the victors.'
He said that the Nazi dictator 'was a vegetarian' and did right by his country by returning land that the country lost in World War One.
'His people loved him,' Fernando said. 'We've been led to believe that Hitler was a racist, but he came up to greet Jesse Owens at the 1936 Olympics.'
Josefina claimed she did not know too much of the Nazi party and Hitler, indicated she learned about though Fernando and supports her spouse's admiration of the dictator 'because I have a responsible husband'
Fernando said he has been a supporter of the national socialism movement since he was 16 years old, following in the steps of his father and uncles
Fernando (left) and Josefina (center) stop for photos outside the church where they held a Nazi-style wedding April 29
When confronted with the fact that the Nazi's set up thousands of concentration camps, he countered that the 'United States and Russia had their own extermination camps, but we only know about the Germans because they lost the war and history, as I told you, is written and invented by the winners.'
Fernando revealed he has been a follower of the national socialism movement since he was 16 years old, following in the steps of his father and uncles.
He recalled how people hurled spit on him and physically assaulted him. Someone once crashed their vehicle into his Volkswagen Beetle.
'The worst was the time they pointed a gun at me and called me a Nazi,' he said. 'But the beautiful thing about loving an ideal is dying for it.' | https://www.dailymail.co.uk/news/article-10787403/Mexican-couple-Nazi-themed-wedding-anniversary-Adolf-Hitlers-wedding.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-06T14:10:44Z | https://www.dailymail.co.uk/news/article-10787403/Mexican-couple-Nazi-themed-wedding-anniversary-Adolf-Hitlers-wedding.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true | 3 |
55I LLC grew its stake in shares of General Electric (NYSE:GE – Get Rating) by 36.2% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,911 shares of the conglomerate’s stock after buying an additional 773 shares during the period. 55I LLC’s holdings in General Electric were worth $275,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Missouri Trust & Investment Co acquired a new position in General Electric in the fourth quarter worth about $27,000. Benjamin Edwards Inc. raised its position in General Electric by 325.0% in the fourth quarter. Benjamin Edwards Inc. now owns 289 shares of the conglomerate’s stock worth $27,000 after purchasing an additional 221 shares in the last quarter. Bell Investment Advisors Inc acquired a new position in General Electric in the third quarter worth about $32,000. FSB Premier Wealth Management Inc. acquired a new position in General Electric in the fourth quarter worth about $32,000. Finally, Emerson Wealth LLC acquired a new position in General Electric in the fourth quarter worth about $32,000. 67.37% of the stock is owned by institutional investors and hedge funds.
GE opened at $78.59 on Friday. The firm’s fifty day moving average is $89.72 and its two-hundred day moving average is $95.77. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.88 and a current ratio of 1.19. The firm has a market cap of $86.50 billion, a PE ratio of -17.16, a price-to-earnings-growth ratio of 3.83 and a beta of 1.02. General Electric has a twelve month low of $72.61 and a twelve month high of $116.17.
The company also recently announced a quarterly dividend, which was paid on Monday, April 25th. Shareholders of record on Tuesday, March 8th were issued a $0.08 dividend. The ex-dividend date of this dividend was Monday, March 7th. This represents a $0.32 annualized dividend and a yield of 0.41%. General Electric’s dividend payout ratio (DPR) is presently -6.99%.
In related news, CEO H Lawrence Culp, Jr. acquired 65,000 shares of the company’s stock in a transaction that occurred on Monday, May 2nd. The shares were acquired at an average cost of $74.53 per share, for a total transaction of $4,844,450.00. Following the completion of the acquisition, the chief executive officer now directly owns 211,210 shares in the company, valued at approximately $15,741,481.30. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP John S. Slattery acquired 3,601 shares of the company’s stock in a transaction that occurred on Monday, May 2nd. The shares were bought at an average price of $75.00 per share, for a total transaction of $270,075.00. Following the completion of the acquisition, the senior vice president now owns 3,601 shares of the company’s stock, valued at $270,075. The disclosure for this purchase can be found here. Company insiders own 0.70% of the company’s stock.
Several analysts have recently weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $124.00 price objective on shares of General Electric in a report on Wednesday, January 26th. StockNews.com assumed coverage on shares of General Electric in a report on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research raised shares of General Electric from a “sell” rating to a “hold” rating and set a $94.00 price objective for the company in a report on Monday, March 7th. Bank of America decreased their price target on shares of General Electric from $132.00 to $120.00 in a research note on Wednesday, April 27th. Finally, Morgan Stanley decreased their price target on shares of General Electric from $125.00 to $120.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 1st. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $117.69.
About General Electric (Get Rating)
General Electric Company operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. It operates through four segments: Power, Renewable Energy, Aviation, and Healthcare segments. The Power segment offers gas and steam turbines, full balance of plant, upgrade, and service solutions, as well as data-leveraging software for power generation, industrial, government, and other customers.
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Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for General Electric (NYSE:GE – Get Rating).
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Strauss Israel and the FDA are recalling certain chocolate products that might be contaminated with salmonella.
If you’re a fan of chocolate, listen up. Earlier this week, the U.S. Food and Drug Administration (FDA) issued a voluntary recall of more than 101 products made and distributed by Strauss Israel. Why? It turns out the products may be contaminated with salmonella. The products were sold on the Elite brand name and included products like chocolate bars, chewing gum, rice cakes, wafers, and more.
The products were manufactured in Israel, but distributed to U.S. retailers throughout California, Connecticut, Florida, New Jersey, and New York. The chocolate products are all kosher and were also available online at Passover.com, Amazon, and Fresh Direct. A full list of the recalled products can be found here.
So what happened? Well, according to reports from the FDA, the recalled chocolate products were “made in a facility where Salmonella was found in both the liquid chocolate used in the products and on equipment in the production line.” For now, retailers have been informed and are removing the products from their shelves. Customers who purchased the products should either toss them or return them for a refund.
When commenting on the recall, Strauss Group issued the following statement:
“[W]e decided to act fully responsibly, not to take any risks and remove all the factory products from the shelves…We apologize to the Israeli public, customers, and retailers for the difficulty, and thank you for your patience. [We] are aware of the long waiting times in customer service, and promise that we will get back to all inquiries.”
Sources:
Over 100 chocolate, candy products recalled due to salmonella fears
FDA Recalls Over 100 Kosher Candy and Chocolate Products Due to Salmonella Risk | https://www.legalreader.com/strauss-israel-fda-announce-voluntary-recall-for-chocolate-products-amid-salmonella-scare/ | 2022-05-06T14:11:46Z | https://www.legalreader.com/strauss-israel-fda-announce-voluntary-recall-for-chocolate-products-amid-salmonella-scare/ | true | 2 |
United boss defends decision as Jesse Lingard misses out on Old Trafford send-off
By PA Staff published
Manchester United interim manager Ralf Rangnick has dismissed criticism that it was “classless” to deny Jesse Lingard an Old Trafford send-off earlier this week.
Lingard is one of several players due to leave United this summer as his contract expires in June, but although Rangnick gave Juan Mata and Phil Jones farewell home appearances in the 3-0 win over Brentford on Monday night, Edinson Cavani got the nod ahead of Lingard with 15 minutes to go.
That prompted Lingard’s brother Louie Scott to hit out at Rangnick on social media, pointing to Lingard’s two decades of service since he joined United aged seven in 2000.
Lingard has been a frustrated figure at Old Trafford this season. He was promised the opportunity of more first-team football after impressing on loan at West Ham last term, but has only made only four starts all season.
Rangnick said: “To start with, in the last couple of weeks under my tenure he has played far more games than he used to.
“Secondly, on game day against Chelsea (on April 28) he asked me to release him from the game and training the following day for personal family reasons.
“And this was the reason. With only three substitutes I had to take a decision between Edinson Cavani and Jesse Lingard, or the young (Alejandro Garnacho), who I would have loved to have brought on and given a chance to play.
“I took the decision to bring on Edinson. Had I not brought on Edinson someone else might have asked if it’s classless not to bring on Cavani or Garnacho. You have to take a decision and this will not be to the liking of everybody – and this is part of the game.”
Lingard could come into contention for Saturday’s trip to Brighton, with Marcus Rashford ruled out as he has bronchitis and Jadon Sancho rated as doubtful.
Rangnick also revealed Eric Bailly is out with a back problem, joining Luke Shaw and Paul Pogba on the sidelines, but Harry Maguire is back in training.
The club captain was dropped for the visit of Arsenal on April 23 after his performances attracted criticism, and he had not featured since due to a knee problem.
“Harry is back in training,” Rangnick said. “He trained the whole week since the second day after the Brentford game so he will be available for tomorrow and part of the group…
“(If he starts) is a decision I have to take after training today. I don’t want to tell our opponents the make-up of the team but he will definitely be part of the group.”
Rangnick is yet to speak to incoming manager Erik ten Hag to pass on his thoughts regarding the United squad, but said this will take place at the end of the season.
United have one fixture remaining after Brighton, away to Crystal Palace on the final day of the campaign in two weeks’ time, while Ten Hag’s Ajax have three games left as they try to retain their four-point advantage over PSV Eindhoven in the Eredivisie title race.
“We will definitely speak at the end of the season,” he said. “Both Erik and myself want to have our full focus on the outstanding games, he has three to play and will do everything to win the title in the Netherlands.
“We have agreed we will have a chat and speak about everything at the end of the season.”
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Tourists, rejoice! Italy, Greece relax COVID-19 restrictions
ROME — (AP) — For travelers heading to Europe, summer vacations just got a whole lot easier.
Italy and Greece relaxed some COVID-19 restrictions on Sunday before Europe's peak summer tourist season, in a sign that life was increasingly returning to normal.
Greece’s civil aviation authority announced that it was lifting all COVID-19 rules for international and domestic flights except for the wearing of face masks during flights and at airports. Previously, air travelers were required to show proof of vaccination, a negative test or a recent recovery from the disease.
As of Sunday, visitors to Italy no longer have to fill out the EU passenger locator form, a complicated online ordeal required at airport check-in.
Italy also did away with the health pass that had been required to enter restaurants, cinemas, gyms and other venues. The green pass, which showed proof of vaccination, recovery from the virus or a recent negative test, is still required to access hospitals and nursing homes.
.Some indoor mask mandates in Italy also ended, including inside supermarkets, workplaces and stores. Masks are still required on public transport, in cinemas and in all health care facilities and nursing homes.
“It was needed,” said Claudio Civitelli, a Rome resident having his morning coffee at a bar near the Trevi Fountain. Until Sunday, patrons had to wear a mask to enter bars and restaurants, though they could remove them to eat and drink. “We have waited more than two years.”
At a nearby table, Andrea Bichler, an Italian tourist from Trentino Alto-Adige, sat with friends, all without masks.
“It’s much better,” Bichler said. “Let’s say it’s a return to life, a free life.”
In Greece, where tourism accounts for about 20% of its GNP, enforcing the rules had already fallen off prior to Sunday. On the tourist island of Mykonos, revelers flooded beaches, bars and restaurant the previous weekend for the Orthodox Easter holiday. Some owners said business was the best they had seen in years and expected that to continue for the long May Day weekend.
Vaccination certificates in Greece were abolished, not permanently, but from May 1 to August 31 and it will be determined in August whether to bring them back. Also suspended were restrictions on the number of customers in indoor spaces. But masks are still required indoors and in vehicles in Greece, and experts recommend using them outdoors in crowded situations like concerts.
Business owners said many unvaccinated people were among those enjoying the end of COVID-19 restrictions.
“We saw again old customers whom we hadn’t seen since November,” when vaccination certificates first became mandatory, Michalis Epitropidis, general secretary of the association of restaurant, cafe and bar owners in Thessaloniki, told the Associated Press. “By punishing the unvaccinated, the state was punishing us.”
Thessaloniki, Greece's second-largest city, was a hotbed of militant vaccine denialism and protests against COVID-19 restrictions.
Like Italy, Greece saw tourism revenues plunge in 2020 and only partially rebound in 2021. Greece is now hoping for a record tourism year in 2022 — and so does neighboring Albania, where restrictions were also lifted Sunday.
Public health officials say masks still remain highly recommended in Italy for all indoor activities, and private companies can still require them.
Given that the virus is still circulating, “we should keep up the vaccine campaign, including boosters, and keep up behavior inspired by prudence: wearing masks indoors or in crowded places or wherever there’s a risk of contagion,” said Dr. Giovanni Rezza, in charge of prevention at the health ministry.
___
Nellas reported from Athens, Greece. Francesco Sportelli contributed from Italy, Costas Kantouris from Thessaloniki, Greece and Llazar Semini from Albania.
___
Follow AP's pandemic coverage at https://apnews.com/hub/coronavirus-pandemic
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BEIJING, May 6, 2022 /PRNewswire/ -- A news report by China.org.cn on a stranded whale rescue:
Recently, a 20-hour livestream had millions of Chinese netizens on the edge of their seats. This special live broadcast was focused on attempts to rescue a whale stranded on a beach in Zhejiang province.
On the morning of April 19, as fisherman Yang Genhe and his peers were preparing to head out to sea, they spotted a sperm whale measuring around 20 meters in length lying in the shallows. They immediately contacted the local maritime and fishery authorities, and within just two hours, whale experts across China and local professional rescuers had been rallied.
Yet, to be honest, successful attempts to rescue sperm whales of such a huge size are exceedingly rare around the world, let alone in China. For that reason, experts initially believed that the rescue was a long shot.
The whale's life was at stake as the tide went out for six hours during the daytime. Rescuers repeatedly fetched buckets of water and doused the whale in a bid to keep it alive. Many fishermen also showed up at the beach and used their bare hands to splash water on the whale as there weren't enough buckets. This was a very touching sight. They gently poured water over the whale's body, being careful to avoid its nostrils and eyes, so that the stranded animal wouldn't choke on sand. In the meantime, bamboo poles, netting and quilts were brought to the beach to construct a screen for the whale against sunlight and help keep it wet. Veterinarians also hooked the whale up to an IV drip. These efforts continued until the tide returned.
When the tide rose later that evening, the rescue team managed to tow the whale little by little into the water. People were surprised to see the sperm whale gradually regain its energy and blow a large column of water when it reached deeper waters.
The most touching thing during the whole rescue process was that everyone involved gave 100% effort, despite there being such little hope. They demonstrated those most basic of human emotions, namely, reverence for all living creatures and the instinct to cherish life.
In fact, whale strandings are relatively common around the world. Experts have made numerous investigations into why they happen, with theories such as noise pollution and environmental contamination having constantly been proved. From this perspective, growing public attention in China toward the stranding and rescue of whales also reflects people's introspection and awareness toward issues concerning marine eco-system.
Yang Genhe said: "For generations we have been fed by the ocean, protecting the ocean and repaying its kindness are our greatest wishes." An attitude like that is exactly what makes the miracle possible. When we treat the ocean the way we want to be treated, we bring hope to more lives as well as ourselves.
China Mosaic
Stranded whale rescue: A miraculous achievement
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SOURCE China.org.cn | https://www.newschannel10.com/prnewswire/2022/05/06/stranded-whale-rescue-miraculous-achievement/ | 2022-05-06T14:12:13Z | https://www.newschannel10.com/prnewswire/2022/05/06/stranded-whale-rescue-miraculous-achievement/ | false | 14 |
NEW YORK, May 6, 2022 /PRNewswire/ -- Veracity Worldwide, a leading strategic advisory and market intelligence firm, has appointed Jay Truesdale as its new Chief Executive Officer. Jay brings over 20 years of risk, strategy, and crisis preparedness expertise to Veracity Worldwide and its global client base.
Jay is joining Veracity from McKinsey & Company, where he was a leader on risk management and strategy topics spanning five continents and a broad range of industries. Prior to McKinsey, he served as Chief of Staff at the US Embassy in Pakistan and Special Assistant to then-Deputy Secretaries of State Antony Blinken and William Burns. He also held diplomatic postings in Russia, Ukraine, Hungary, and at the US Mission to the Organization for Security and Cooperation in Europe. Jay is a US Navy veteran and a former Fulbright Scholar, Boren Fellow, and Rotary Ambassadorial Scholar. He holds degrees from Stanford, Harvard, and the Fletcher School of Law and Diplomacy at Tufts, and he speaks Russian, German, and French.
Steven Fox, Veracity's founder, will become the firm's Executive Chairman, where he will manage select client relationships and focus on Veracity's work in the mining and energy sectors.
"Jay is a deeply knowledgeable and principled leader for whom I have much respect," Fox said. "He inspires all around him, and I am incredibly pleased that he has joined Veracity Worldwide as CEO." Looking ahead, Fox noted, "Jay's expertise in geopolitical, market, and reputational risks, supply chain resilience, and a host of environmental, social, and corporate governance (ESG) concerns will be invaluable to our clients around the world."
"It is a tremendous honor to serve as CEO of Veracity Worldwide," said Truesdale. "I will focus on supporting our clients' immediate and longer-term needs by helping them make informed decisions and navigate unforeseen risks. Veracity's 15-year track record and team of expert practitioners offer an unparalleled platform for further growth and impact."
With offices in New York, London, Tokyo, and Melbourne, Veracity Worldwide (www.VeracityWorldwide.com) is the premier strategic advisory and market intelligence firm focused on geopolitical, corruption, ESG, and reputational risks in challenging markets. Its values-based approach, on-the-ground experience, and deep source networks result in credible insights, actionable analysis, and impact for clients.
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Sen-Jam Pharmaceutical Opens Enrollment for Patients in Their COVID Therapy Phase 2 Clinical Trial in Nepal and Engages With Strategic Investor for Worldwide Distribution
Sen-Jam Pharmaceutical has cleared the various regulatory hurdles and now is actively enrolling patients in it's much anticipated COVID oral therapeutic Clinical Trial. In addition, the company recently entered a powerhouse strategic partnership with a Specialty Pharmaceutical Manufacturing company, one of the largest investors in the project to date, to help rapidly manufacture billions of capsules annually. This is a monumental milestone for the company and great news for their promising oral COVID-19 treatment.
HUNTINGTON, N.Y., May 6, 2022 /PRNewswire/ -- Sen-Jam Pharmaceutical, an innovative life sciences company developing a portfolio of revolutionary anti-inflammatories by repurposing existing molecules for novel combination therapy, this week began enrolling patients into their Phase 2 Clinical Trial for their promising oral COVID therapeutic. At the same time, the company has joined forces with KVK Tech that will provide access to world-class Formulation and Chemistry, Manufacturing & Controls (CMC) for their COVID-19 therapeutic.
A collaborative team of scientists from several different countries have been working tirelessly in various time zones simultaneously to get approvals to commence the trial with the Nepalese governing bodies since late last year. The commitment and perseverance paid off and now they are underway enrolling patients into their Clinical Trial. These research efforts reflect a remarkable partnership between Sen-Jam, Duke-NUS Medical School, Duke University School of Medicine, and Global Clinical Research, which combined, makes up an esteemed group of international researchers.
Sen-Jam's investigational therapeutic for the treatment of COVID-19, SJP-002C is now actively enrolling patients for their clinical trial under a co-development agreement with Duke-NUS and Duke University School of Medicine. Dr. Alexander T. Limkakeng Jr., MD, MHSc, FACEP, Professor, Vice Chief of Research and Director, Acute Care Research at Duke Emergency Medicine said, "The study design has several unique features, including using a combination therapy that is widely available as an approved drug in countries around the world; has a known safety profile and well-understood mechanism of action of its individual components; has been studied in other viral illnesses; and could have complementary effects, with one agent potentially reducing the known side effects of the other."
Kiran Vepuri, Director of Business Development for KVK-Tech, Sen-Jam's largest Strategic investor to date, said, "This is a fantastic fit for our organization. We pride ourselves on our commitment to deliver safe, effective and affordable FDA-approved pharmaceuticals to meet our customers' needs and ensure that patients have access to high-quality medicines when they need it. Sen-Jam and their talented team of innovators, scientists and entrepreneurs represent a perfect fit for our culture of excellence and our unwavering focus on delivering value."
Sen-Jam Pharmaceutical, affectionately known as the "Pharma for the people, people," is thrilled by this move that accelerates the advancement of these promising therapeutics. With a mission to bring accessible, affordable, highly effective and safe solutions to the world, this week was a massive step forward to achieving that dream.
About Sen-Jam Pharmaceutical
At Sen-Jam Pharmaceutical we disrupt pain and inflammation. Sen-Jam Pharmaceutical's mission is to improve societal wellbeing by developing therapeutics that are safe, efficacious, and accessible by all. Sen-Jam repurposes small molecules to develop novel therapeutics for large unmet needs with a focus on improving clinical outcomes. Using patented proprietary technology and the accelerated 505(b)2 pathway, Sen-Jam is on a mission to revolutionize inflammatory pain treatment and its unwanted side effects. Investor information available at Wefunder. Learn more at www.sen-jam.com.
CONTACT INFORMATION:
Sen-Jam Pharmaceutical
Christine Leonard
781-913-1902
[email protected]
SOURCE Sen-Jam Pharmaceutical | https://www.prnewswire.com/news-releases/sen-jam-pharmaceutical-opens-enrollment-for-patients-in-their-covid-therapy-phase-2-clinical-trial-in-nepal-and-engages-with-strategic-investor-for-worldwide-distribution-301541414.html | 2022-05-06T14:13:47Z | https://www.prnewswire.com/news-releases/sen-jam-pharmaceutical-opens-enrollment-for-patients-in-their-covid-therapy-phase-2-clinical-trial-in-nepal-and-engages-with-strategic-investor-for-worldwide-distribution-301541414.html | true | 3 |
By Guy Faulconbridge
LONDON (Reuters) - President Vladimir Putin will send a "doomsday" warning to the West when he leads celebrations on Monday marking the 77th anniversary of the Soviet Union's victory over Nazi Germany, brandishing Russia's vast firepower while its forces fight on in Ukraine.
Defiant in the face of deep Western isolation since he ordered the invasion of Russia's neighbour, Putin will speak on Red Square before a parade of troops, tanks, rockets and intercontinental ballistic missiles.
A fly-past over St Basil's Cathedral will include supersonic fighters, Tu-160 strategic bombers and, for the first time since 2010, the Il-80 "doomsday" command plane, which would carry Russia's top brass in the event of a nuclear war, the Defence Ministry said.
In that scenario, the Il-80 is designed to become the roaming command centre for the Russian president. It is packed with technology but specific details are Russian state secrets.
The 69-year-old Kremlin leader has repeatedly likened the war in Ukraine to the challenge the Soviet Union faced when Adolf Hitler's Nazis invaded in 1941.
"The attempt to appease the aggressor on the eve of the Great Patriotic War turned out to be a mistake that cost our people dearly," Putin said on Feb. 24 when he announced what he called a special military operation in Ukraine.
"We will not make such a mistake a second time, we have no right."
Putin casts the war in Ukraine as a battle to protect Russian speakers there from persecution by Nazis and to guard against what he terms the U.S. threat to Russia posed by NATO enlargement. Ukraine and the West dismiss the fascism claim as nonsense and say Putin is waging an unprovoked war of aggression.
The Soviet Union lost 27 million people in World War Two, more than any other country, and Putin has railed in recent years at what Moscow sees as attempts in the West to revise the history of the war to belittle the Soviet victory.
Beside the 1812 defeat of French Emperor Napoleon Bonaparte, the defeat of Nazi Germany is the Russians' most revered military triumph, though both catastrophic invasions from the west left Russia deeply sensitive about its borders.
SHADOW OF UKRAINE
The war in Ukraine will cast a long shadow over this Victory Day.
Russia's invasion has killed thousands of people and displaced nearly 10 million. It has also left Russia in the grip of tough Western sanctions, and has raised fears of a wider confrontation between Russia and the United States - by far the world's biggest nuclear powers.
Although 11,000 troops marching across Red Square along with what the Defence Ministry has said will be 131 pieces of military hardware will present a grand spectacle, the Ukraine conflict has exposed weaknesses in Russia's armed forces despite Putin's attempt in his two decades in power to halt the post-Soviet decline.
The Kremlin has been denied a quick victory and the Russian economy - squeezed hard by sanctions - is facing the worst contraction since the years following the fall of the Soviet Union.
Less than two decades ago, U.S. President George W. Bush joined Putin for the May 9 celebrations in Moscow. This year no Western leader was invited, the Kremlin said.
The United States and its allies have ramped up supplies of weapons to Ukraine and Putin has faced calls from some in the Russian military to unleash greater firepower on Ukraine, two sources close to the armed forces told Reuters. Moscow has told the West that its arms supplies are legitimate targets.
Ahead of May 9, speculation swirled across Moscow and Western capitals that Putin was preparing some sort of special announcement on Ukraine, perhaps an outright declaration of war or even a national mobilisation.
Kremlin spokesman Dmitry Peskov dismissed those suggestions on Wednesday, describing them as "nonsense".
The Kremlin did not respond to requests for comment on what Putin might say in his speech, to be delivered from the Red Square tribune in front of Vladimir Lenin's Mausoleum.
Last year, Putin jabbed at Western exceptionalism and what he said was the rise of neo-Nazism and Russophobia - trends he has returned to again and again when addressing the issue of Ukraine.
(Reporting by Guy Faulconbridge; Editing by Frances Kerry) | https://gazette.com/news/us-world/putin-to-send-doomsday-warning-to-west-at-russias-ww2-victory-parade/article_93163538-8aa3-57d4-baeb-55e39d1d6db0.html | 2022-05-06T14:15:39Z | https://gazette.com/news/us-world/putin-to-send-doomsday-warning-to-west-at-russias-ww2-victory-parade/article_93163538-8aa3-57d4-baeb-55e39d1d6db0.html | true | 11 |
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The Fed doubters are back
By Julia Horowitz, CNN Business
This newsletter yesterday highlighted warnings that market enthusiasm after the Federal Reserve’s latest meeting was misplaced. Investors quickly came to the same conclusion.
What’s happening: After the S&P 500 rallied 3% on Wednesday, logging its best day in almost two years, it plunged 3.6% in an ugly trading session on Thursday.
The tech-heavy Nasdaq Composite dropped 5%, marking its worst day since June 2020. Bonds also fell sharply, pushing the yield on the benchmark 10-year US Treasury back above 3%.
“This is a very messy selloff in both stocks and bonds,” tweeted Allianz adviser Mohamed El-Erian.
What changed in a day? Frankly, not much. But investors appeared to come to grips with the reality that the Federal Reserve is faced with few good options moving ahead. Its attempt to fight inflation without triggering a recession — or engineering a so-called “soft landing” — looks extremely difficult at best.
Fed Chair Jerome Powell emphasized Wednesday that he thinks a soft landing is still possible.
“I would say I think we have a good chance to have a soft or softish landing or outcome,” he told reporters.
But Andrew Bailey, his counterpart at the Bank of England, gave investors a gut check on Thursday.
“Whereas Chairman Powell of the Fed adopted a somber but optimistic tone that the Fed could achieve a soft landing, Bailey was much gloomier about the outlook,” said Michael Hewson, chief market analyst at CMC Markets.
The UK central bank is ahead of the Fed. Having just hiked interest rates for a fourth consecutive meeting, it said it now expects the UK economy to stagnate this quarter and shrink in the last three months of 2022 as inflation rises above 10%. The risk of a recession has risen.
“We are walking this very narrow path now,” Bailey said.
The British pound fell 2% in response, hitting its lowest level against the US dollar since June 2020.
The takeaway: The United Kingdom isn’t the United States. It’s still hobbled by the consequences of Brexit and is more exposed to an economic slowdown in Europe as a result of the war in Ukraine.
But the Bank of England’s grim acknowledgment that growth will fall sharply just as rate hikes kick into gear still carries weight across the Atlantic. That may encourage investors considering buying the dip to think twice.
America’s job growth is starting to slow
The days of millions of job gains per month are behind us, but America’s hiring machine is still going strong.
The US jobs report due Friday is expected to show that the US economy added 391,000 jobs in April. That would mean the 1.2 million positions lost during the pandemic have almost all been recovered, though there’s been a shuffle across industries.
One key number: The unemployment rate is expected to slide to a new pandemic-era low of 3.5%, matching the historic low before Covid hit.
Still, it’s clear the job recovery is entering a new phase, as open positions hit an all-time high and fewer workers are available to fill them.
“A shrinking pool of available workers should soon start to limit the monthly pace of job growth,” Citi’s economists said in a note to clients this week.
On the radar: Data on wage growth has become an increasingly important part of the monthly job reports as the Fed tries to discern whether a worrisome feedback loop is forming due to inflation.
Economists fear a “wage-price spiral” in which workers — faced with rising costs — demand higher pay. Employers then keep hiking their prices to protect their margins.
The market’s read: Wall Street, feeling jittery, may not be happy with the report either way. If job growth comes in higher than expected, the Fed could be emboldened to take even more aggressive steps to fight inflation. But if it disappoints, that could underscore the possibility that the Fed’s rate hikes could spark a recession next year.
Who are Elon Musk’s biggest believers?
Elon Musk faces plenty of concerns inside Twitter about how he’ll lead the social media company. But he isn’t struggling to find wealthy backers who buy into his vision.
See here: Musk has raised just over $7 billion in additional equity financing to help fund his purchase of Twitter.
The new investors include Oracle founder Larry Ellison, cryptocurrency platform Binance and venture capital firm Sequoia Capital, according to a new regulatory disclosure Musk filed this week.
The announcement comes after Musk secured debt commitments from banks including Morgan Stanley, amassing a total of $46.5 billion in financing to take Twitter private.
Investor insight: Twitter’s stock rose almost 3% on Thursday, as the announcement on new financing bolstered confidence that the deal would go through.
Shares, which closed at $50.36 apiece, are still below Musk’s offer price of $54.20, however.
Not shelling out? Fellow billionaire Bill Gates, who said this week that he doesn’t expect Musk to replicate Tesla and SpaceX’s “mind-blowing” performance.
“I kind of doubt that’ll happen this time, but we should have an open mind and never underestimate Elon,” Gates said.
Up next
Cinemark and Under Armour post results before US markets open.
Also today: The US job report arrives at 8:30 a.m. ET.
Coming next week: Earnings from Disney, Peloton and AMC Entertainment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://ktvz.com/money/cnn-business-consumer/2022/05/06/the-fed-doubters-are-back/ | 2022-05-06T14:17:13Z | https://ktvz.com/money/cnn-business-consumer/2022/05/06/the-fed-doubters-are-back/ | false | 10 |
Originally published on May 5
MINNEAPOLIS (WCCO — An Apple Valley baker is hanging up her apron temporarily to face an unexpected fight.
READ MORE: 'You Know Who I Am, Right?': Bodycam Video Shows Officer Pull Phone From Hand Of Daunte Wright's MotherAnn Alaboud is well known for her buttercream frosting and elaborate cakes, but even more well-known for winning “Cake Wars” on the Food Network.
Just two weeks after opening up her new Sweet Treasures bakery location, she had to shut it down.
“I got confirmation that I do have cancer on my birthday, so it was just like devastating,” Alaboud said. “You don’t even like think that you would get cancer.”
After searching for answers from healthcare professionals for a year, Alaboud was eventually diagnosed with stage 4 stomach cancer.
“It was so surreal. I just felt like I was in a nightmare and wanted to wake up,” she said.
This prognosis was especially surreal for her being only in her 40s, and someone who has eaten healthy her whole life. She doesn’t even eat her own cupcakes.
READ MORE: Wisconsin Senate Candidate Sarah Godlewski Slams Ron Johnson On Abortion
“I’ll taste them [laughs]! I’ll taste to make sure they’re great,” she said.
Alaboud has accomplished so much, opening her store, winning “Cake Wars” in 2016, and dedicating over 60 hours to cakes that could fool anyone as something else.
Now, winning this battle will be her next accomplishment.
“I just feel like I was meant for Sweet Treasures, so I’m going to keep fighting,” Alaboud said.
Sweet Treasures is having a fundraiser this Saturday from 10 a.m. to 3 p.m. You can buy her cupcakes, and all the money will go towards her medical bills. If you cannot make it to the fundraiser, you can donate here.
In the meantime, Alaboud is giving you a treat — sharing her famous Red Velvet Cheesecake Brownie recipe.
MORE NEWS: How Interest Rate Hikes Could Affect Twin Cities Housing Market | https://minnesota.cbslocal.com/2022/05/06/ann-alaboud-cancer/ | 2022-05-06T14:18:23Z | https://minnesota.cbslocal.com/2022/05/06/ann-alaboud-cancer/ | false | 1 |
Goldman raised the price target for the Kingsoft Cloud Holdings Limited (NASDAQ:KC) stock to “a Neutral”. The rating was released on April 11, 2022, according to finviz. The stock was downgraded by Goldman, who disclosed in a research note on January 03, 2022, from Buy to Neutral and set the price objective to $18. In their research brief published September 29, 2021, Nomura analysts downgraded the Kingsoft Cloud Holdings Limited stock from Buy to Neutral with a price target of $33.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Kingsoft Cloud Holdings Limited (NASDAQ:KC) dipped -8.23% to close Thursday’s market session at $3.68, lower as compared to yesterday’s close. The stock price fluctuated between $3.53 and $3.79 throughout the trading session with the volume trading being 3152470 shares, which represented a significant variation when compared to the three months average volume of 6.56 million shares. The firm’s stock price fluctuated -1.08% within the last five trades and -42.59% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -83.51% in the last 6 months and -50.27% was subtracted to its value over the previous 3 months. KC stock is trading at a margin of -12.21%, -29.14% and -78.92% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, KC deals in the Technology domain. The stock is trading -91.64 percent below its 52-week high and 47.20 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -91.5. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Kingsoft Cloud Holdings Limited’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -20.00 percent and the profit margin is -17.50 percent, and the company has reported a gross margin of 3.90 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $919.30 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.67 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 0.56, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 53.37 percent of Kingsoft Cloud Holdings Limited shares are owned by insiders, and 34.20 percent are held by financial institutions. | https://www.bovnews.com/finance/a-positive-surprise-is-on-the-way-kingsoft-cloud-holdings-limited-kc-stock/ | 2022-05-06T14:21:14Z | https://www.bovnews.com/finance/a-positive-surprise-is-on-the-way-kingsoft-cloud-holdings-limited-kc-stock/ | false | 16544 |
Barclays, Santander and TSB up mortgage rates following BofE decision adding another £500 a year onto a typical SVR borrower
- Bank of England upped the base rate to 1% yesterday, its highest in 13 years
- Three major lenders have already responded by increasing variable rates
- Fixed-term borrowers are protected until their deal period comes to an end
- Their next mortgage could be more expensive than their current one
Some major mortgage lenders have been quick to increase their variable rates after the Bank of England increased the base rate to 1 per cent yesterday.
It increased the base rate by 0.25 percentage points in the fourth rise since December, bringing it to its highest level in 13 years.
Banks and building societies who have increased rates on variable mortgages include TSB, Santander and Barclays, with analysis suggesting the typical borrower will be paying £42 more each month.
Home loan hike: Monthly mortgage costs are rising for many homeowners on variable rates, following the Bank of England's decision to increase the base rate
Lenders have largely echoed the Bank's rise with uplifts of 0.25 per cent, with homeowners set to see their monthly payments increase from June.
TSB was the first to confirm its rates would be rising, informing customers last night that customers on its 'homeowner variable rate' and its standard variable rate would see payments rise by 0.25 per cent from June.
The former will now be 4.99 per cent and the latter, a special rate for existing customers who applied for their last fixed mortgage with the bank before 2010, will be 2.99 per cent.
Borrowers on a tracker mortgage with any lender will also find that their payments increase by 0.25 per cent, as these deals automatically follow or 'track' the base rate. This also applies to 'discount' mortgage deals linked to the base rate.
Those on fixed-rate deals, about three quarters of borrowers, are protected from any rises until their fixed period comes to an end.
However, banks usually edge up the cost of new fixed mortgages when the base rate rises, because it increases the cost of their own borrowing.
This means homeowners so may find their monthly costs go up when they come to remortgage.
On the up: The Bank of England has upped UK interest rates to 1%, the fourth time the base rate has been increased since late 2021
The Santander Group, which includes Alliance & Leicester, has also increased its standard variable rate by 0.25 per cent, tipping it over the 5 per cent mark to reach 5.24 per cent.
Santander's 'follow-on' rate will increase to 4.25 per cent.
Barclays has also said it will increase its standard variable rate from 5.24 per cent to 5.49 per cent next month, giving it one of the highest rates currently on the market.
Other lenders have not moved to increase their variable rates yet, but they could do so at any time.
What the rate rise will cost homeowners
Variable rates
Although mortgage rates are still relatively low in historical terms, even a slight increase in monthly payments could push some homeowners into financial difficulty – especially those with large mortgages relative to their income.
According to analysis by the wealth management platform Hargreaves Lansdown, someone with a 25-year £300,000 repayment mortgage, on an average SVR of 4.71 per cent, could find themselves paying £42 more each month if a 0.25 per cent rate rise was applied.
That is on top of previous increases that may have been imposed following the three previous base rate rises which have happened since December 2021.
If the Bank of England rate was to subsequently increase to 1.25 per cent, Hargreaves said, they might be paying £88 more a month, and if it went to 1.5 per cent they might pay £132 more in total.
Therefore, any borrower on a standard variable rate who is able to switch to a fixed one is advised to consider doing so.
Sarah Coles, senior personal finance analyst, said: 'The rate rise may have looked relatively harmless, but with so many people's finances on a knife edge, it risks pushing them into difficulties. Even this small increase could put one in ten people on variable rate mortgages under financial pressure.'
In April, the firm asked people how much their monthly mortgage payments would have to rise this year in order to put their finances under pressure, and 10 per cent of people said up to £50 would be enough.
Time to switch? Borrowers on standard variable rates could cut their monthly outgoings substantially by swapping to a fixed deal - provided it suits their circumstances
Once increases started closing in on £100 a month, a third of people said they'd face difficulties, and with a rise of up to £200 a month, two thirds said they would struggle.
Those on an average two-year tracker of the same size and duration could see marginally smaller rises, but it could still be £38 this month, £75 at 1.25 per cent and £114 at 1.5 per cent.
Fixed terms
Fixed mortgage rates have broadly been rising since the base rate was first increased in December 2021.
This means that homeowners will pay more on a new mortgage taken out today than they would have last year, affecting would-be first-time buyers and those who are coming up to a remortgage.
According to the financial information service Moneyfacts, the typical two-year fixed-rate mortgage – covering all deposit sizes – had an interest rate of 2.29 per cent in November 2021. That has now risen to 3.03 per cent.
The typical mortgage rate has been on the rise since November, according to Moneyfacts
For a £150,000 mortgage, that would mean a £56 rise in monthly payments for someone taking out the mortgage today, compared to November – and rates are likely to go up more given the most recent base rate rise.
According to Hargreaves Lansdown, if someone took out a £300,000 mortgage in March 2020, on the then-average rate of 2.29 per cent, and remortgaged at the current average of 2.72 per cent, their monthly payment could rise from £1,314 to £1,375 – a £61 rise.
If rates rose another 0.25 percentage points on top of this, and it was all factored in, their monthly payments could rise to £1,411 – or £97 more than their pre-March 2022 payment.
Rise: Homeowners will pay more on a new fixed mortgage taken out today than they would have last year, affecting first-time buyers and those who are coming up to a remortgage
Some lenders have already withdrawn products that were available yesterday morning from the market, and they will likely replace them with deals on higher rates.
For five-year deals, the average has risen from 2.59 per cent to 3.17 per cent – a £45 rise based on the same mortgage terms.
But for those looking to remortgage there are still deals out there which are substantially cheaper than these averages – especially for those with large deposits or substantial equity.
For example, someone remortgaging a £150,000 home with a 40 per cent deposit (£60,000) could get a rate of 2.2 per cent on a two-year fix with Yorkshire Building Society – though it comes with a £1,495 fee.
On a five-year fix, Nationwide offers a 2.29 per cent rate on the same terms, with a £798 fee.
And those with smaller deposits can still undercut those averages in many cases.
Someone buying a £250,000 home with a 10 per cent (£25,000) deposit could get a rate of 2.47 per cent on a two-year fix with Virgin Money, for example.
They could also get a five-year fix with First Direct at 2.64 per cent with a £490 fee.
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- Financial calculators | https://www.thisismoney.co.uk/money/mortgageshome/article-10789483/TSB-Barclays-Santander-increase-variable-mortgage-rates-BofE-base-rate-hike.html | 2022-05-06T14:22:59Z | https://www.thisismoney.co.uk/money/mortgageshome/article-10789483/TSB-Barclays-Santander-increase-variable-mortgage-rates-BofE-base-rate-hike.html | false | 2 |
Launching on Friday, May 6, this year’s festival again celebrates Nottingham’s literary talent as well as attracting a whole host of national and internationally acclaimed artists
Away from the headline acts, festival director Anne Holloway has come up with a few things not to miss, otherwise known as ‘Poetry But Not as We Know It’.
Friday May 6 and on demand
Joe Drinks Wine and Gives Themselves a Haircut is a person, stuck in their tiny bathroom, drinking wine and giving themselves a haircut in one unbroken shot for just over 30 minutes. However, we can hear their thoughts while this happens. Available on demand.
Saturday May 7
Poetry Takeaway will be at Sneinton Market serving up personalised, quality poetry to visitors, performed and wrapped to takeaway. So go and place an order with one of the talented ‘poet chefs’ and see what you are served! 11am to 3pm.
Augmented Reality Poetry App launch. The PoGo App has been led by City Arts working with European organisations to promote poetry to young people across Europe. Six young Notts poets feature on the app and are joined by six poets from each of the partner countries: Denmark, Romania, Turkey, Germany and Poland. The launch night at City Arts will feature the local poets performing live with a special guest appearance from festival founder Henry Normal.
Sunday May 8
Tangled Yarns will be spinning tall tales in poetic form. Headlined by Mark Gwynne Jones, internationally renowned poet and musician, this is going to be an extraordinary adventure leaving the map behind and weaving weird and wonderful yarns into fine fabric, waiting to be unravelled. The Canalhouse, 7.30pm to 10pm.
Wellbeing Workshop at Woodthorpe Park. This focuses on capturing the comfort we experience from positive memories, transforming a moment in time into a piece of writing that can take you right back, ready to be revisited whenever you read the piece. Hustle Holt, Woodthorpe Park, 12pm to 1pm.
Writing with the Alphabet. This is a playful workshop on how to use letters not just as literature but as art. Zoom, 5.30pm to 6.30pm.
Monday May 9
Write At The Front at 31K, Hockley. Poets take to the stage, give a word, an emotion, or sentence to describe the piece. Musicians interpret and present a sonic backdrop. No need to book, just show up, 7pm to 9pm.
Wednesday May 11
SMUT! The Verbal Burlesque. A new night of poetry and storytelling celebrating human sexuality. Whether heartfelt, cheeky or downright indecent, organisers would love to see you at this open mic night at The Playwright. Over 18s only. 7.30pm to 9.30pm.
Saturday May 14
Van Gogh Kid Yourself and Van Gogh Find Yourself. An award-winning show for families featuring interactive drawing and story workshops at The Sillitoe Room Waterstones,11am to 12pm, and 2pm to 3pm.
While lots of the events are free, please check the website for details for each event, and to book tickets where necessary.
For more, go to https://nottinghampoetryfestival.com/whatson/
For another article click here: | https://www.hucknalldispatch.co.uk/news/people/ten-things-not-to-miss-as-nottingham-poetry-festival-gets-underway-3683544 | 2022-05-06T14:23:13Z | https://www.hucknalldispatch.co.uk/news/people/ten-things-not-to-miss-as-nottingham-poetry-festival-gets-underway-3683544 | true | 3 |
Fears have been expressed over the Welsh Rugby Union's changes to youth rugby in Wales amid claims clubs' concerns have been ignored.
The WRU have permanently cut the age range of youth rugby players from 16-19 to 16-18 until 2026, sparking a big reaction from those involved in that level of the game. It comes after the change was brought in temporarily for this season due to Covid restrictions amid warnings it could result in a "lost generation" of players. You can read the full details here.
Those fears remain for many, with one club claiming more than half the players told they would have to make the step up to senior rugby a year earlier than hoped have already signalled their intention to quit. There are also concerns pitting 18-year-old front-rowers against experienced 30-year-olds could be physically unsafe.
Read next:The best Youth rugby team in Wales just sparked a huge party in their town
The WRU believe shortening the age band by a year will actually help lower the number of players dropping out of the game and see more youngster going on to play senior rugby.
One source of frustration among some clubs is a perceived lack of communication from the governing body on changes. The WRU say they surveyed over 9,000 individuals as part of the process of creating these changes, but some clubs have been unimpressed with the nature of the survey and claim there has been a lack of a robust and open consultation process.
One club official told WalesOnline the survey was "loaded with closed questions", claiming there was lack of a proper consultation process and that clubs feel they been railroaded into the decision.
A recurring fear was the number of youth teams that could fall by the wayside in the coming years, as well as the effect it will have on senior teams - with some concerned a problem isn't being solved here, but simply moved from losing players at under-16 level to losing them at under-18 level.
Those sentiments were echoed by Cyril Locke, fixture secretary for Rumney Youth, who described the move as "a disaster for youth rugby in Wales". He was also critical of the nature of the survey - saying it "didn't lend itself at all to supporting under-19s rugby."
He also told WalesOnline that half of the players told this week that they'd have to play senior rugby a year earlier than expected have decided they won't make the move up to the adult game.
"You could be an 18-year-old playing against a 30-year-old prop," he said. "That can't be healthy for a young kid.
"Where I'm at with it, and a lot of other clubs feel this way too, is they don't appear to be listening at all. The repercussions of this isn't going to be good for lots of clubs.
"When they introduced it because of Covid, we sort of accepted it, even though it wasn't good. We lost a lot of players, as did other clubs, who should have been in their last year of under-19s.
"They had to go play seniors instead and a lot of them didn't want to go up. We managed this season with a bit of a struggle. With this two-year banding, if you don't have any under-16s coming through, you won't have a youth team as there's only two years in the banding rather than three.
"Unless you're blessed with under-16s, you've not got the under-19s to rely on. The youth feeds the senior teams. If you haven't got that, we could end up losing rugby altogether.
"Hopefully they wake up and smell the coffee. This thing is no good for club rugby and youth rugby. Over the four year period, you could end up with one side in a club. It's hard enough now to run two sides.
"The only way you can do that is with the evolution of youth players coming through at 19 and 20, stepping through into senior rugby as they always have done."
Do you agree with the WRU changes to Youth rugby? Have your say in the comments section below.
Senghenydd youth team manager Richard Gater previously slammed the decision when it was initially brought in for this season, saying: “This is absolutely insane. I can’t believe it. Who in their right mind thinks this is a good decision? This will cripple teams and we will see a huge drop off to seniors.
“Some of these boys haven’t even played youth rugby and they have to go straight to seniors? It’s mental. This will be detrimental to youth rugby and seniors in my experience.
“It will leave teams short of numbers at youth level and discourage players from continuing in the game once they turn 18. It is hard enough as it is trying to get boys through to seniors. Front five forwards going straight into senior rugby at 18 is insane.”
Speaking after the announcement of the changes, WRU community director Geraint John was insistent the WRU had followed the numbers in making this decision, adding they had full belief it would be for the benefit of the male game in Wales.
"The key question is always about how we grow the male game," he said. "We need numbers, simple as that. We noticed that between the ages of 16 to 19, there's a drop-off. You can't hide that.
"An example over the last few years is we had around 2,300 16-year-old players. By the time they got to 19-years-old, the number is about 990 players. That's a significant drop-off. We've looked at other countries and how we keep players engaged.
"Our view was that the more players we have at the younger age, the more players we'll have going through to senior rugby. We listened to what 16-year-olds wanted and they want to play with their friends, which isn't likely in a three-year band.
"We went to over 9,000 people and that's what 16-year-olds wanted. This season, we've had an increase in 17-year-olds playing the game. We've never had that. Usually, it decreases year on year. The only thing we've done is having a two-year banding.
"We firmly believe we'll retain more 16-year-olds than before. From there, we'll hopefully have more 17-year-olds and 18-year-olds and eventually we'll have the numbers to sustain our game.
"No matter what decisions you make, you'll always get a nervousness, but there's also a confidence and excitement from us about this decision. We believe through the work we've done that this is the right decision.
"I understand history and tradition, but we need to keep our game moving forward for future generations. We feel this is the right way to do it. Ideally, we'd have single-year banding. Decisions are always tough to make. I always say if you can get 51 per cent supporting you, you're doing well in Welsh rugby."
Addressing the fears that many players will simply leave the game after turning 18, John added that work would be needed to put in on other ways to transition players - such as better support for second XVs. However, he reiterated that addressing drop-offs at 16-years-old was the priority.
"The key part for us is here is where the starting point was for us," he added. "That was the 16-year-olds. We'll work hard with the 18-year-olds and 19-year-olds.
"There's second XV rugby and we need to put support and resources around that. We won't get it right straight away. We know we'll have to work hard and everything won't be made rosy in the garden with a magic wand.
"But the starting drop-off is the 16-year-old and we'll start by addressing that. One of the things they've said to us in surveys is that once they're in rugby, they stay in rugby. Rarely do you find a 21-year-old who starts rugby again.
"So it's important to keep as many as possible in the game. From the people who answered the question, that physical fear wasn't evident at 18 and 19 when it was for 15 and 16. But it's about finding opportunities to transition those who are concerned, whether that's seconds XV or something else.
"In terms of positional one, it's key making sure that players play at the appropriate position in the appropriate game. But it's the same thing for 16-year-olds possibly playing in the front-row against 19-year-olds.
"There'll be many people who think differently on this and will disagree, but we firmly believe this is about how we make our male game sustainable moving forward. " | https://www.walesonline.co.uk/sport/rugby/rugby-news/welsh-rugby-clubs-speak-out-23878473 | 2022-05-06T14:31:09Z | https://www.walesonline.co.uk/sport/rugby/rugby-news/welsh-rugby-clubs-speak-out-23878473 | true | 1 |
A High Court sitting in Ohaukwu, Ebonyi State, on Friday, admitted on bail, the detained Catholic Priest, Rev. Fr. Timothy Ngwuta.
Ngwuta was arrested by police on December 11, 2021, arraigned and imprisoned for alleged promotion of the protracted Effium-Ezza Effium communal clash.
The priest, who was detained for twelve days and released on bail as a result of ill health arising from his alleged torture by security agents, was thereafter rearrested on Tuesday, March 8, 2022, and arraigned on March 11, 202, for alleged kidnapping and murder and remanded at the Abakaliki Correctional Centre, up till the time of filing this report.
Ngwuta’s detention generated reactions from different quarters, including the Catholic church. The church condemned his detention, saying, he was a prisoner of conscience, even as it alleged that the State Government signed an Executive Order directing the courts in the state not to hear any matter linked to the Effium crisis.
However, the State Government through the Attorney-General, Cletus Ofoke, debunked that there was such an Executive Order.
Read Also
On Friday, Rev. Fr. Ngwuta, was eventually admitted on bail by the Court following an application for his bail filed by his lawyers.
The matter was, thereafter, adjourned sine die since the Office of the Attorney-General of the State and the Department of Public Prosecution neither filed any information nor opposed the bail application.
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Contact: [email protected] | https://punchng.com/just-in-ebonyi-court-grants-detained-catholic-priest-bail/ | 2022-05-06T14:33:03Z | https://punchng.com/just-in-ebonyi-court-grants-detained-catholic-priest-bail/ | false | 1 |
2022/05/06 | 16:16 - Source: INA
(ThisDay | Iraq News Now)- Zelensky signs the law on the removal of the Soviet taint from the legislation of Ukraine - This title does not contain text at the moment it was published here.
you can find the all text in INA site.
you can find the all text in INA site. | https://english.hathalyoum.net/articles/67699-zelensky-signs-the-law-the-removal-the-soviet-taint-from-the-legislation-ukraine- | 2022-05-06T14:33:19Z | https://english.hathalyoum.net/articles/67699-zelensky-signs-the-law-the-removal-the-soviet-taint-from-the-legislation-ukraine- | false | null |
On a chilly December night in 2001, novelist Michael Peterson found his wife, Nortel executive Kathleen Peterson, lying covered in blood at the foot of a narrow stairwell in their Durham, North Carolina mansion. Durham police promptly charged Michael Peterson with Kathleen’s murder.
A few months later, a French documentary team arrived to film the course of Peterson’s trial, little knowing they were about to witness one of the wildest cases on record and create an iconic true crime documentary series: The Staircase. Initially released in 2004 with eight episodes, the series became an acclaimed sleeper hit within the true crime community before gaining wider popularity amid the post-Serial true crime boom. Two follow-up episodes on the case were filmed in 2011, with three more following in 2017, when the full series was finally released on Netflix.
The Staircase’s central question — who or what killed Kathleen Peterson? — has technically been answered. Michael Peterson was first convicted of her murder in 2003 and sentenced to life in prison. Fifteen years later, after a massive forensics scandal led to his original conviction getting overturned, he would enter an Alford plea, a plea of technical guilt while maintaining his innocence, in exchange for his freedom. But that summation fails to capture the enduring appeal of a case that yielded one gothic, head-turning twist after another.
On Friday, HBO Max released a new narrative series, also called The Staircase. Starring Colin Firth and Toni Collette as Michael and Kathleen, the new Staircase lives somewhere between biopic and ur-Staircase fanfiction. The new series even — finally! — makes room for a now-infamous theory involving an unusual alternate suspect.
To appreciate the new Staircase’s additions, however, you have to understand what made the original so compelling.
The perfect family — and an imperfect crime scene
“Is there anyone here who isn’t always performing?” Michael Peterson jokes about his large, loud family at one point in The Staircase. (Unless noted as the HBO Max docuseries, we’ll be using this title to refer to the original series.) The Petersons, by every account, were lively and loving: Michael, Kathleen, and her daughter by a previous marriage, Caitlin, Michael’s two sons, Todd and Clayton, and their adopted daughters, Margaret and Martha Ratliff. Michael and his first wife Patty had known the Ratliffs when they lived next door to them in Germany years earlier — but Margaret and Martha’s parents had each died in 1984 and 1985, respectively, leading Michael and Patty to adopt them. In 1986, the couple moved back to the states and divorced; three years later, Michael moved in with Kathleen.
A decorated Vietnam War veteran, Michael wrote military fiction; his novels did well enough to allow him to purchase a giant five-bedroom house in Durham for his idyllic blended family. In 1997, Michael and Kathleen married; by 2001, it seemed Michael Peterson, then 58 years old, had acquired the perfect life.
According to Michael Peterson, on the night of December 9, 2001, a balmy 50-something degrees, he and Kathleen were enjoying drinks by their pool after dinner. Kathleen went back inside first, and after some time passed, Peterson followed — and found her lying covered in blood. Peterson made a frantic 911 call in which he hung up several times. Upon arriving at the house and seeing the amount of blood all over the body, the walls, and Michael Peterson, police immediately treated the area like a crime scene.
Misconceptions frequently circulate about the evidence found at the scene. The biggest: the assumption that no fall down a staircase could have caused that much blood. In fact, similar falls result in (warning: graphic imagery) blood everywhere. No blood was found on the ceiling or the wall opposite the stairwell; the defense used this arguable lack of “cast-off spatter” to argue no weapon was used in her death. (Other blood evidence left out of the documentary was debated in court with no real conclusivity.)
Another assumption, later argued by the prosecution, is that Kathleen died from blunt-force trauma. According to the defense’s investigation into homicides involving blunt-force trauma, Kathleen likely did not die of blunt-force trauma, which would have caused bruising, skull fractures, or both. Instead, she had strange injuries to the top and back of her scalp, which caused her to bleed out but delivered no skull fracture or contusion, leaving her actual cause of death a mystery. Kathleen also had an injury to her thyroid which suggested strangulation, but in fact, strangulation was probably not the cause of the injury and was never a major part of the murder theory.
Despite all this confusing and contradictory evidence, things looked grim for Peterson from the outset. In his former role as a contrarian liberal columnist for the Durham Herald-Sun, Peterson criticized members of local law enforcement as well as District Attorney James Hardin — a circumstance which later suggested to Peterson that the prosecution was eager for revenge. For his defense, Peterson hired esteemed trial lawyer David Rudolf.
In 2002, French documentarian Jean-Xavier de Lestrade, having just won an Oscar for his true crime documentary Murder on a Sunday Morning, was looking for his next project. Peterson’s trial appealed to him because it was just getting underway, and the documentary team would have an opportunity to do what few documentaries had attempted until then — film the full process of bringing a case to the courtroom. Ultimately, when their initial round of filming concluded in 2003, Peterson was found guilty of murder and sentenced to life in prison.
Little did the filmmakers know the journey for Peterson and their documentary was just beginning. Peterson would spend eight years in prison, exhausting his appeals — until new evidence, aided by the documentary itself, changed everything.
The Peterson case saw one twist after another
In many ways, The Staircase is a compilation of Rorschach tests: When you look at Kathleen Peterson’s death, do you see a fall down stairs, a brutal murder, or something else? When you study Michael Peterson, do you see an innocent man or a charming sociopath? When you listen to his 911 call, do you hear panic or calculation? And when you look at the evidence proffered by the state and rebutted by the defense, do you see proof or do you have reasonable doubt?
The Staircase has its flaws. It’s long, often spends too much time letting its main character talk about himself, and has come under fire for being biased in favor of the defendant. (More on that in a moment.)
But it’s also addictive. Michael Peterson, playing himself, is just strange enough to be the star The Staircase needed. He’s inappropriately charismatic, performatively debonair, and a polished liar. He quotes Shakespeare, listens to Mahler, tells the sex workers he hires how much he loves his wife, and writes first-person novel passages about the joy of committing murder. Yet whether you believe Peterson’s alleged dark side exists or not, on camera he also comes across as laid back and loving, missing his wife and heading a family stalwartly supporting his innocence. (Caitlin, Kathleen’s daughter, broke with her step-siblings in accusing Michael of murder.)
Peterson’s attorney also cuts a winning figure. Wry but earnest, David Rudolf systematically chips away at the evidence; he rolls with every prosecutorial punch (and there are many) until he’s created a thorough argument for reasonable doubt. His defense becomes a celebration of excellence.
Still, Peterson and Rudolf alone might not have been enough to make The Staircase the seminal true crime documentary series it became, had the case itself not unfolded in real time, on camera, with one whiplash-inducing turn after another.
The first twist all but turns The Staircase into pure Southern Gothic melodrama: The prosecution, accessing Peterson’s computer (possibly without a proper warrant) discovered Michael was bisexual and had been engaging in homosexual dalliances on the side. It’s unclear whether Kathleen knew about Michael’s secret sex life, although he insisted she did. The prosecution’s demonization of Michael Peterson for his bisexuality became one of the focal points of the trial, with lawyers arguing it spoke to motive and called his entire character into question. Whether it actually does, like everything else in The Staircase, is debatable.
The second huge twist helped provide the documentary title. Over 15 years earlier, Peterson’s next-door neighbor Elizabeth Ratliff — the mother of Margaret and Martha, Peterson’s adopted children — was found dead at the bottom of her staircase. The last known person to see her alive? Michael Peterson. (One of the best moments in The Staircase comes in episode three, when Rudolf, learning of this development, simply reacts with: “Nope.”) Although the original autopsy concluded Ratliff died of a brain aneurysm, the coincidence of Peterson being the last known person to see two different women alive before they both wound up dead at the foot of stairs proved too wild not to explore. The prosecution exhumed Ratliff’s body and pushed hard to imply a connection between the two deaths, but this evidence just underscored how circumstantial the case against Peterson was.
The third huge twist gets captured on camera. The prosecution alleged the murder weapon was a Peterson family fireplace poker that had mysteriously “gone missing” — until the family found it collecting dust in the basement, blood-free. Years later, Rudolf learned police allegedly knew the fire poker wasn’t the murder weapon from the start.
The final huge twist ultimately won Peterson freedom. Duane Deaver, the prosecution’s chief witness, was a blood spatter expert employed in North Carolina’s state crime lab by the State Bureau of Investigation (SBI). According to The Staircase, jurors in Peterson’s trial were initially split over his guilt or innocence, but relied on Deaver’s blood spatter testimony to come to their guilty verdict.
The problem: Deaver had no training in forensics. During Peterson’s trial, he exaggerated his credentials and lied on the stand about his practical experience. Deaver claimed to have visited hundreds of crime scenes but had actually visited just 17. Due to these and other incidents of lab misconduct, the FBI audited the SBI and found the lab had withheld results favorable to the defense in hundreds of cases. Convictions across the state were re-examined. Many of them, including Peterson’s, were overturned. Today, blood spatter analysis, once so dominant in the field of forensics, is considered almost complete junk science.
Judge Orlando Hudson granted Peterson a new trial in 2011. Peterson remained released under court monitoring while awaiting a new court date. As captured in the final 2017 episodes of the Staircase documentary, Peterson pled guilty in 2017 under an Alford plea, which allows a defendant to proclaim their innocence while acknowledging the state has enough evidence to convict them. Whether the state actually did is dubious: For the documentary’s final episode, Judge Hudson reflected that if he were running the trial again, he likely would have disallowed testimony involving Peterson’s sexuality and disallowed testimony regarding Elizabeth Ratliff’s death.
Peterson’s trial had many side issues with prosecutorial team corruption, even beyond what we see in The Staircase. The district attorney who launched Peterson’s trial, Mike Nifong, was disbarred in 2007 because of extensive deceit and malfeasance regarding the Duke lacrosse scandal in 2006. Tracey Cline, the district attorney who argued against Peterson in 2011, was removed from the position in 2012 after a judge found she made statements “with malice and reckless disregard for the truth” about Judge Orlando Hudson, who oversaw the Peterson case.
During the trial, one prosecution expert witness, Saami Shaibani, exaggerated his connection to Temple University and had his testimony (which involved dubious experiments in which he observed volunteers falling down stairs) expunged from the trial record. To top it all off, the final episodes of the Staircase allege that assistant medical examiner Deborah Radisch, who autopsied Kathleen and ruled her death a homicide, initially felt her cause of death was blood loss, not blunt-force trauma. Rudolf alleges Radisch was pressured to change her initial opinion by the chief medical examiner.
All of these incidents of corruption show how stacked the odds were against Peterson. But the documentary proved to be a huge ally in his favor. In the 2011 hearing to determine whether Peterson would get a new trial, Rudolf used footage taken from The Staircase which captured how crucial Deaver’s testimony was for the prosecution. Both he and Peterson believe without The Staircase they might never have proven their argument.
De Lestrade’s work reveals its own biases. From the start, it frames Peterson and his defense as heroic underdogs fighting an unjust prosecutorial witch hunt. Part of this is a byproduct of access, since the Durham DA shut the film crew out of their investigation while the defense remained transparent throughout the court process. Still, the film crew’s fondness for Michael comes through both on camera and in the editing. The Staircase eventually abandons all pretense at objectivity.
That could be because there’s another huge twist you won’t find in The Staircase: French editor Sophie Brunet, who edited all 13 episodes of The Staircase, fell in love with Peterson during the process. She and Peterson corresponded while he was in prison and later dated for many years — all while she continued to edit the series! The new fictionalized series turns this into a large plot point, and it’s no wonder: The Staircase’s point of view is one of its main selling points, but its clear bias is also its Achilles’ heel. The documentary omits much of the case against Michael, including a possible motive: Kathleen’s hefty life insurance payout. Rudolf has pushed back against this idea, noting the prosecution backed off from a financial motive. But for many viewers, learning details like these outside of the documentary undermines its credibility.
Just in case you aren’t disoriented yet from all these record-scratch moments, there’s one last item we have to discuss.
The owl theory
Near the end of Peterson’s trial, the Petersons’ neighbor, lawyer Larry Pollard, came up with a startling new alternate theory for the case. Those weird scalp lacerations seemed to fit neither the prosecution nor the defense’s scenario for what happened to Kathleen. What if they were caused not by a mysterious weapon, but by the talons of an owl?
Pollard approached police, who ridiculed the idea, and Rudolf, who later told Vulture he wished Pollard had “realized it six months earlier” so it could have been a proper part of the defense.
The owl theory has become a standing true crime joke — but it has legions of proponents, including ornithologists. Not only do her scalp wounds look talon-shaped, but — wait for it — Kathleen was found holding feathers. Pine needles and twigs were also with her body, and blood was found on the outside of the house. What’s more, barred owls, which can be aggressive, were known to live in the neighborhood.
On its face the owl theory sounds absurd. But it explains the most irreconcilable aspect of the Peterson case: how Kathleen could have received those gouge-like scalp injuries but no skull fracture or contusion. The prosecution never explained this. The owl theory also accounts for Kathleen’s suspicious thyroid injury, an odd puncture wound which the defense likewise failed to address. Rudolf now keeps a section on his website enumerating reasons the owl theory makes sense.
In the years since The Staircase, Peterson has written his own book, Behind the Staircase. His children live private lives, though his son Todd recently filmed a bizarre video in which he accused his father of murdering Kathleen and deliberately failing to call 911 for Todd’s birth mother Patty, who died of a heart attack in 2021. No updates on these allegations have followed.
Meanwhile, The Staircase seems to grow more important as the years pass. Even with its subjective bias, it vividly reveals the character of a certain type of overprivileged white man at the turn of the millennium. Michael Peterson appears to be a modern-day Don Draper, skilled at lying, self-aggrandizement, and performing importance without actually being important.
It also reveals the daily workings of a troubled justice system, and the many ways an overzealous prosecution can misfire through shaky forensics, a reliance on moral panic, and grandiose speculation. We see why thorough trial defenses are so prohibitively expensive for the average low-income defendant, while also seeing just what a good defense money can buy. The Staircase ultimately shows us that even with all the money in the world, corruption in the judicial system can make a fair defense impossible.
Finally, that Rorschach test. The Staircase serves an early slice of the epistemic crisis in which we now find ourselves. “Sometimes I think they’re watching a different trial,” the late defense investigator Ron Guerette said at one point during the documentary, while watching court commentators dissect the case on Nancy Grace. Every aspect of this case remains debatable. Meanwhile, The Staircase’s influence over the modern true crime landscape shows no sign of waning.
As for who or what killed Kathleen Peterson, 20 years later we still don’t know. But with the arrival of the new series, sleuths discovering the case daily, and the Petersons continuing to draw our fascination, one thing seems clear: We’re not about to stop asking. | https://www.vox.com/23059122/the-staircase-real-story-kathleen-peterson-murder-michael-peterson-trial-owl-theory | 2022-05-06T14:40:14Z | https://www.vox.com/23059122/the-staircase-real-story-kathleen-peterson-murder-michael-peterson-trial-owl-theory | true | 1 |
Jammu, May 6 (PTI) The Jammu and Kashmir Police on Friday conducted raids at the premises of two people accused of sedition and rioting in Jammu and recovered incriminating documents and material, officials said.
The raids were conducted at the premises of Rayees Ahmed Malik and Mohd Sharif Sartaj in Dalpatia mohalla and Khatikan Talab here.
Also Read | Thane Shocker: Man Abuses, Bites On-Duty Cop in Naupada; Arrested.
They are accused in a case of sedition and rioting registered in 2007 in Jammu after objectionable and sensitive slogans were allegedly raised during a visit of separatist leader Syed Ali Shah Geelani.
Senior Superintendent of Police (SSP) of Jammu Chandan Kohli said the raids were conducted by police teams in the presence of executive magistrates.
Also Read | Palghar Administration Issues Monsoon Advisory for Farmers; Rains Expected in Mumbai on May 19-20.
Literature of the banned Jamaat-e-Islami, forms for medical admission in Pakistan, a report regarding Pakistani national Abdul Rehman who visited the area and was later deported, literature related to the Jammu and Kashmir freedom movement, a phone diary containing Pakistani numbers, a cash register, and an identity card pertaining to Iran were recovered during the raids, the SSP said.
The police officer said a fresh case was registered at Peer Mitha police station under the Unlawful Activities (Prevention) Act after the recovery of incriminating material related to a banned organisation and further investigation was underway.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body) | https://www.latestly.com/agency-news/india-news-police-recover-incriminating-material-after-raids-in-jammu-3677029.html | 2022-05-06T14:41:10Z | https://www.latestly.com/agency-news/india-news-police-recover-incriminating-material-after-raids-in-jammu-3677029.html | false | 1 |
The statement said the government has decided to increase the price of oil in the face of demand of traders pointing to the price hike of oil in the international market. However, the price is not reduced if the price in the international market falls.
During the two-year of coronavirus pandemic, the people have lost jobs and their income has decreased and now they are in acute financial crisis.
Peoples' lives and livelihoods have been difficult in the wake of high price of essentials including edible oil.
Under such circumstances, left alliance leaders urged the government to keep the prices of essentials stable, even if subsidy has to be given.
Those who gave the statement include CPB president Shah Alam, general secretary Ruhin Hossain Prince, BaSaD's Bazlur Rashid Firoz and Ganasanghati Andolan chief coordinator Zonayed Saki. | https://en.prothomalo.com/bangladesh/city/govt-shows-sheer-irresponsibility-by-hiking-soybean-oil-price-left-alliance | 2022-05-06T14:44:02Z | https://en.prothomalo.com/bangladesh/city/govt-shows-sheer-irresponsibility-by-hiking-soybean-oil-price-left-alliance | true | null |
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The Supreme Court Collegium has recommended 15 judges, including eight advocates, as judges in Delhi, Patna, and Andhra Pradesh High Courts.
The Supreme Court Collegium is headed by Chief Justice N.V. Ramana.
“The Supreme Court Collegium in its meeting held on May 4, 2022 has approved the proposal for elevation of the following advocates as judges in the Delhi High Court: Vikas Mahajan, Tushar Rao Gedela, Manmeet Pritam Singh Arora, Sachin Datta, Amit Mahajan, Gaurang Kanth, and Saurabh Banerjee,” said a statement uploaded on the top court’s website.
The collegium also approved the proposal for elevation of advocate Mehabub Subhani Shaik alias S.M. Subhani, as judge at the Andhra Pradesh High Court. Besides, the collegium also recommended for elevation of seven judicial officers as judges to the Patna High Court.
A statement said: “The Supreme Court Collegium in its meeting held on May 4, 2022 has approved the proposal for elevation of the following Judicial Officers as Judges in the Patna High Court: 1. Shailendra Singh, 2. Arun Kumar Jha, 3. Jitendra Kumar, 4. Alok Kumar Pandey, 5. Sunil Dutta Mishra, 6. Chandra Prakash Singh, and 7. Chandra Shekhar Jha.”
In the recently held Chief Ministers and Chief Justices conference, Chief Justice Ramana said currently out of 1,104 sanctioned posts of high court judges, there are 388 vacancies, and out of 180 recommendations, 126 appointments have been made for various high courts.
20220506-192204 | https://www.canindia.com/sc-collegium-recommends-7-advocates-as-delhi-hc-judges/ | 2022-05-06T14:45:07Z | https://www.canindia.com/sc-collegium-recommends-7-advocates-as-delhi-hc-judges/ | true | 3 |
All chapter 5 Artifact locations in Trek to Yomi
Don’t forget to pick up artifacts.
The fifth chapter is the longest and most difficult in Trek to Yomi thus far. It introduces additional enemy types through its various spirits, along with the first real puzzles. This might make it more difficult to keep track of collectibles, but we have you covered.
Our guide below details all eight Artifacts in Trek to Yomi’s fifth chapter.
All Trek to Yomi chapter 5 Artifact locations
The first artifact, the Great Thunder, is impossible to miss. It’s lying on the ground to your left along the critical path mere moments after the chapter begins.
A dialogue sequence will introduce your first spirit enemy. After defeating it, move onto the next room. Instead of continuing to your right, turn left. The Cleaving Thunder is sitting on top of a box near the bottom left corner of the screen by some flowers. The box across from it holds ammo for your ozutsu.
After completing the second puzzle that involves aligning symbols, you’ll have to fight a wave of enemies, which includes one wraith. Once the enemies are slain, climb up the ledge along your right side, enabling the next screen transition. The Earth Thunder is on this screen right by the cart at the height of the steps you must descend in order to progress.
Along the critical path, you’ll wind up fighting a wave of enemies in a room adorned with tons of lanters and a single statue in the background with candles. Further along the path, after the enemies have been wiped, you’ll take notice of a door to the north that leads into a room with floor tiles that materialize as you walk over a deep pit. The walls on either end of the door feature what appears to be a painting of some sort of tree or plantlife. Ignore the door and continue heading right, where you’ll find a sole vase on display. The Black Thunder is resting at the foot of the vase.
After grabbing the last Artifact, head back and through the door you ignored earlier. Along the critical path, you’ll come across a spacious room filled with several statues, candles, and a shrine. The first flight of steps past the shrine houses one such statue overlooking the entrance. Once in front of this statue, move toward the direction of the player camera. These stairs lead to a platform with three braziers. The Couchant Thunder is on the floor resting against the middle brazier.
After the Sadatame boss fight, the following room features double doors that are half opened. Just before the double doors, there’s a shrine off to the left partially hidden by a large pillar. Head into this space, which will lead to a new screen. From here, you can pick up the Roaring Thunder across from the shrine.
After completing the boat puzzle, you’ll walk up a few sets of stairs and be greeted to another puzzle that involves aligning symbols along a wheel. After matching the symbols, step onto the plate at the end of the existing path. Tiling now fills up the previously empty space. Now, move back to the spot where you interacted with the puzzle you had just completed.
Notice the hovering dot along the right side of the screen past the obstacle that separates the Artifact from the critical path up the steps. You should have enough time to grab the Young Thunder from the ground before dying as long as you’re at the screen’s starting position. One of the symbols in the environment lights up, draining to indicate how much time you have before the floor collapses again. There is another floor switch nearby the Artifact, letting you return with ease after it’s been picked up.
This final Artifact is very difficult to miss. Along the critical path past the previous Artifact, you’ll fight a few enemies, including a wraith. Just past this encounter, you must walk up three large flights of stairs. The Fire Thunder is on the ground to the left at the foot of the third set of stairs. | https://doublexp.com/guides/all-chapter-5-artifact-locations-in-trek-to-yomi | 2022-05-06T14:46:08Z | https://doublexp.com/guides/all-chapter-5-artifact-locations-in-trek-to-yomi | true | 1 |
New civic association for downtown Riverhead, Two injured in Route 105 crash
The daily update is a briefing on what’s happening across the North Fork.
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Here are the headlines for Friday, May 6, 2022.
RIVERHEAD NEWS-REVIEW
New civic association aims to advocate for future of downtown Riverhead
Two injured, one airlifted, after T-bone collision at Route 105, Riverside Drive intersection
Column: Profound images of farm labor camp will not be forgotten
THE SUFFOLK TIMES
Chambers consider a merger in move that would see Mattituck group dissolve
NORTHFORKER
Planning the perfect North Fork date with a local expert
North Fork Open Houses: 6 listings for the week of May 7
Podcast: Things to do on the North Fork this Mother’s Day
WEATHER
Expect rain today with a high temperature near 60 degrees, according to the National Weather Service. The low tonight will be around 46. The rain is likely to continue deep into the weekend with temperatures remaining in the low-to-mid 50s. | https://riverheadnewsreview.timesreview.com/2022/05/110270/new-civic-association-for-downtown-riverhead-two-injured-in-route-105-crash/ | 2022-05-06T14:46:20Z | https://riverheadnewsreview.timesreview.com/2022/05/110270/new-civic-association-for-downtown-riverhead-two-injured-in-route-105-crash/ | true | 1 |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/san-francisco-giants/articles/39408673 | 2022-05-06T14:46:52Z | https://sportspyder.com/mlb/san-francisco-giants/articles/39408673 | false | null |
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