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Tory MP Lee Anderson branded out of touch for food bank remarks
- Published
A Tory MP has been branded "out of touch" for saying people needed to learn how to cook and budget "properly", rather than use food banks.
Ashfield MP Lee Anderson made the comments in the Commons while praising a "real food bank" in his local area.
He claimed there was "not this massive use for food banks in this country", and those who knew how to cook and budget could make meals for 30p a day.
Labour's Karen Buck said his remarks were "beyond belief".
But fellow Tory MP Brendan Clarke-Smith said his colleague was "absolutely spot on", tweeting a link to an article claiming that learning to cook was "one of the best ways of fighting poverty and combating obesity".
A Tory council leader and mayor in Kent have also come under fire for posing for a photograph and cutting a ribbon at the opening of a local food bank.
Dartford Borough Council leader Jeremy Kite defended himself on LBC, saying the picture and the ribbon cutting were "entirely" the idea of the people who ran the centre.
'Cooking course'
Asked by presenter James O'Brien if the smiling picture was appropriate, he said: "If the people at the food bank volunteering for it, running it, organising it, thought it was appropriate, then frankly as a guest it is not for me to suggest that I would do this, [and] not do that."
The pictures were later removed from the Mayor of Dartford Rosanna Currans' social media.
The two incidents come as soaring inflation and energy costs have hit the pockets of UK households.
The Trussell Trust charity said it had distributed over 2.1 million emergency food parcels to people in crisis in the past year, with growing numbers visiting food banks across the country as a result of the cost of living hikes.
Mr Anderson invited MPs to visit a food bank in his Nottinghamshire constituency where he said people "have to register for a budgeting course and a cooking course" if they receive parcels.
"We show them how to cook cheap and nutritious meals on a budget," he added. "We can make a meal for about 30p a day and this is cooking from scratch."
Asked by an opposition MP if there should even be food banks "in 21st century Britain", the Tory MP replied: "He makes a great point but that is exactly my point.
"There's not this massive use for food banks in this country. We've got generation after generation who can not cook properly... they can not budget."
'Extreme poverty'
The comments led to a backlash on social media, with poverty campaigner Jack Monroe saying: "You can't cook meals from scratch with nothing. You can't buy cheap food with nothing.
"The issue is not 'skills', it's 12 years of Conservative cuts to social support."
Shadow work and pensions minister Ms Buck added: "In the world where people actually live, we now hear daily stories of families going without food and others unable to turn their ovens on in fear of rising energy bills.
"The idea that the problem is cooking skills and not 12 years of government decisions that are pushing people into extreme poverty is beyond belief. Out of touch doesn't even cover it."
Posting on his Facebook page following the criticism, Mr Anderson said: "I did not say poor people can not cook or there is no need for food banks.
"I said there is not the need currently being parroted out by the MSM [mainstream media]." | https://www.bbc.com/news/uk-politics-61414951 | 2022-05-11T18:26:03Z | https://www.bbc.com/news/uk-politics-61414951 | true | 3 |
Host Robin Young speaks with Craig McNamara about his book “Because Our Fathers Lied: A Memoir of Truth and Family, from Vietnam to Today,” which looks at his relationship with his late father, Robert McNamara, who was defense secretary under former Presidents John F. Kennedy and Lyndon B. Johnson.
This article was originally published on WBUR.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.northernpublicradio.org/2022-05-11/in-new-book-craig-mcnamara-reflects-on-being-the-son-of-vietnam-war-architect-robert-mcnamara | 2022-05-11T18:26:31Z | https://www.northernpublicradio.org/2022-05-11/in-new-book-craig-mcnamara-reflects-on-being-the-son-of-vietnam-war-architect-robert-mcnamara | false | null |
FRANKFORT, Ky. (AP) — Republican Kentucky Attorney General Daniel Cameron filed paperwork Wednesday to enter the state's 2023 governor’s race, hoping to ride his resistance to Democratic Gov. Andy Beshear’s coronavirus restrictions into the governor’s office.
Cameron, seen as a rising GOP star, made history in 2019 as the first African American to serve as the state’s attorney general. Now he’s trying to blaze another trail in his bid for governor.
The attorney general last year led the legal fight against pandemic-related restrictions Beshear imposed to try to stem the spread of the virus. Cameron won the case in the Kentucky Supreme Court, which cleared the way for new laws enacted by the GOP-run state legislature to rein in the governor’s emergency powers. The governor maintains that his actions saved lives.
During his tenure as attorney general, Cameron also came under close national scrutiny for his handling of an investigation into the fatal shooting of Breonna Taylor by police in 2020. Her death and the killing of George Floyd in Minneapolis sparked nationwide racial justice protests.
Cameron publicly said the decision not to charge any police officers with Taylor’s death was “ultimately” in the grand jury’s hands. But three jurors on the panel later said Cameron’s team limited their scope and misled them about what charges they were allowed to consider.
Cameron has close ties to the Bluegrass State's most powerful Republican — U.S. Senate GOP leader Mitch McConnell — having formerly served as the senator’s legal counsel.
The attorney general signaled his bid for governor in paperwork filed Wednesday — a statement of spending intent form with the Kentucky Registry of Election Finance, Cameron was not immediately available for comments Wednesday at his statehouse office.
Cameron enters what could become a crowded field of Republicans running to unseat Beshear in next year's top-of-the-ticket race. Already in the governor's race on the GOP side are state Agriculture Commissioner Ryan Quarles, state Auditor Mike Harmon and retired attorney Eric Deters. Several other Republicans are considering bids for governor.
Recent polling shows Beshear remains popular in Republican-trending Kentucky. He touts his stewardship of Kentucky's economy, which includes landing the state’s two largest-ever economic development projects — both battery projects. Beshear also has won widespread praise for overseeing the state's response to devastating tornadoes that tore through parts of western Kentucky late last year. | https://www.manisteenews.com/news/article/Kentucky-attorney-general-enters-2023-governor-s-17165381.php | 2022-05-11T18:32:41Z | https://www.manisteenews.com/news/article/Kentucky-attorney-general-enters-2023-governor-s-17165381.php | false | 12 |
Kinross Gold Corporation (KGC) CEO Paul Rollinson on Q1 2022 Results - Earnings Call Transcript
Kinross Gold Corporation (NYSE:KGC) Q1 2022 Earnings Conference Call May 11, 2022 7:45 AM ET
Company Participants
Chris Lichtenheldt - Vice President, Investor Relations
Paul Rollinson - President & CEO
Andrea Freeborough - EVP & CFO
Paul Tomory - EVP & Chief Technical Officer
Geoff Gold - EVP, Corporate Development, External Relations & Chief Legal Officer
Conference Call Participants
Anita Soni - CIBC World Markets
Mike Parkin - National Bank Financial
Greg Barnes - TD Securities Inc.
Carey MacRury - Canaccord Genuity
Tanya Jakusconek - Scotia Capital Inc.
Operator
Good day and thank you for standing by. Welcome to the Kinross Gold First Quarter 2022 Results Conference Call and Webcast. At this time all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your first speaker Mr. Chris Lichtenheldt. Thank you and please go ahead.
Chris Lichtenheldt
Thank you and good morning. With us today, we have Paul Rollinson, President and CEO. And from the Kinross, senior leadership team, Andrea Freeborough, Paul Tomory and Geoff Gold.
Before we begin, I would like to state that we will be making forward-looking statements during this presentation. For a complete discussion of risks and uncertainties, which may lead to actual results different from estimates contained in our forward-looking information, please refer to Page 2 of this presentation, our news release dated May 10, 2022, the MD&A for the period ended December 31, 2022 and our most recently filed AIF, all of which are available on our website.
I will now turn the call over to Paul.
Paul Rollinson
Thanks, Chris and thank you all for joining us today. This morning, I'm going to provide a brief overview of our first quarter results and our updated guidance. Then I will provide an update on our key areas of focus, including our balance sheet and capital allocation plans, our operations and expiration, and then comment briefly on M&A. After that, I will turn the call over to Andrea and Paul, who will provide additional detail on our quarter and our outlook.
With respect to our first quarter results, our assets performed largely as planned and are set to ramp up throughout the year. It was a low production quarter as expected due to seasonality and our mine planning schedule. But we remain on track to deliver stronger performance as the year progresses.
Two key operating milestones were achieved during the quarter. First, Tasiast delivered record production and exited the quarter with throughput of approximately 21,000 tonnes per day, and is on track with its target of 24K by mid next year. And secondly, La Coipa poured its first gold bar in February and is on target to ramp up production in the back half of the year.
With respect to guidance, in our news release last night, we updated our outlook to reflect the pending divestitures of our Russian operations and Chirano. We have effectively restated our original production targets, excluding Russia and Chirano for all of 2022 and future years. With all other operations remaining on track with our original 3-year guidance.
Regarding costs, we updated our original guidance to exclude Russia and Chirano, but to also reflect the higher gold and oil prices we are currently experiencing. This meant that instead of lowering our operating costs, we left the guidance at $830 per ounce to reflect these higher prices. At this point, we are not making further provisions in our guidance. But we are monitoring the macro environment closely and will adjust later in the year if appropriate. Andrea will comment more on this shortly.
I now want to address our focus on the business moving forward, given the two major catalysts that have impacted us, namely the pending divestitures of our Russian assets and Chirano, and the continuing inflationary pressures we see across our business. With respect to our balance sheet, we are in a strong financial position with an investment grade balance sheet, which we expect to continue to strengthening over the coming years.
With respect to our capital allocation strategy, our objectives have not fundamentally changed. We will continue to reinvest in our business, maintain the strength of our balance sheet and return capital to our shareholders. In the current gold price environment, we expect to continue with our baseline dividend and share buyback plans returning approximately $300 million per year to shareholders. However, given the current environment, we will be closely monitoring the gold price and the impacts of inflation on our margins as we go forward.
Turning to our operations, the combination of the pending divestitures with the acquisition of Great Bear has reshaped the geographic mix of our portfolio. We now have 70% of our production coming from the Americas. Two Tier 1 assets, Paracatu and Tasiast, accounted for approximately half of our production. A return to low-cost operations in Chile with potential for further growth and a world class development project in Canada.
In the current environment, we are very focused on continuous improvement and cost Management, maintaining our reserves and growth through exploration. Starting with continuous improvement, we are maintaining our strong focus in this area to help manage ongoing cost inflation. For example, we are executing a plan to enhance synergies in Nevada, between Bald Mountain and Round Mountain.
We are making investments in grade control to minimize dilution. We have developed alternate supplier strategies with a focus on total cost of ownership over the lifecycle. And we have been advancing certain vendor payments to lock in preferential pricing where possible. With respect to maintaining our reserves, we are analyzing our reserve pricing in the context of today's environment.
We recognize that ongoing inflation puts upward pressure on cost structures, and in turn the gold price required to support the economics of new projects. We are not considering dropping cut off grades or otherwise compromising the quality of ounces we mined in light of higher gold prices. Rather, we are evaluating how to realign the reserve price assumptions on both gold price and input costs to more accurately reflect today's inflationary environment.
We are not changing our reserve pricing yet, but it is something we continue to analyze. Finally, with respect to exploration, we are excited about our prospects and have increased our budget to its highest level in recent years. With respect to our brownfield's exploration program, we have several exciting projects including Curlew and potential underground extensions at a number of our existing mines that we plan to advance over the coming quarters.
Great Bear, in particular, will be an exciting and significant area for continued investment to demonstrate the assets world class value over time. I am excited about the potential of our exploration programs, and I expect over time, our investments in this area will surface value in our pipeline of projects, and ultimately layer growth and profitability on top of our baseline production.
Next, I want to provide a brief comment on the M&A question we've been getting. We are happy with our balance sheet, our current operating profile and pipeline of opportunities and don't feel any pressure to replace the production from Russia or Chirano. It's been a challenging first quarter with our pending exit from Russia and Ghana. With that, 70% of our production now comes from the Americas. And all things being equal, we'd like to see this rebalanced portfolio contribute positively to our share price.
Before handing off to Andrea, I will briefly discuss ESG. Last night we released our 2021 sustainability report. We continue to rank well among our peers in major ESG rankings and ratings, and more importantly, remain focused on doing what's right on the ground. For example, last year, we generated approximately $3.5 billion in economic benefits in our host countries.
We recycled 80% of the water used at our sites, and we approved an investment in solar at Tasiast, a strong step towards our goal of reducing greenhouse gas intensity. We are proud of our achievements and our consistent performance in all aspects of ESG.
I will now turn the call over to Andrea.
Andrea Freeborough
Thanks, Paul. I'll begin with financial highlights from the quarter, then provide a overview of our balance sheet and expand on our capital allocation strategy. And finally, comment on our updated outlook.
I first like to point out that all of the first quarter operating and financial metrics I'll be discussing today exclude our Russian operations, which has been classified as discontinued operation. With respect to Chirano, we're targeting to close the transaction in the second quarter, and our results will include the Chirano operations until that time.
As Paul mentioned, our first quarter production was anticipated to be the lowest of the year, and we expect improvements as we progress through the year, with the second half in particular being stronger than the first half. Starting with production, our first quarter production of 410,000 ounces was lower than Q1 last year, primarily due to lower production from our U.S operations, partially offset by record production at Tasiast.
Production costs of sales of $1,000 per ounce, and all-in sustaining costs of $1,245 per ounce were higher than last year due to lower production and inflationary cost pressures. First quarter free cash flow was a net outflow of a $1 million. However, this includes $156 million of working capital outflow. Adjusting for this, our free cash flow would have been $155 million.
Our first quarter CapEx was $106 million with a lower spend compared to last year driven by lower capital stripping and timing. Lower first quarter CapEx is typical for us and we expect higher spending throughout the rest of the year.
Lastly, as noted in our news release last night, we recorded a non-cash impairment charge of $670 million related to the planned divestiture of our Russian operation. The accounting fair value was determined based on the $680 million of consideration to be received with the deferred payment subject to an elevated discount rate given the current political climate in Russia.
Moving to our balance sheet, in addition to commenting on our financial position at the end of Q1, I'll also expand on our capital allocation strategy. Our cash and liquidity position remains strong at the end of the quarter with approximately $450 million of cash and $1.7 billion of liquidity.
During the quarter, we drew $1.1 billion from our revolver in connection with the closing of the Great Bear transaction and subsequently repaid $1 billion with proceeds from the new term loan. As such, our net debt increased from $1.1 billion at the end of Q4 to $2.3 billion, and our trailing 12-month net debt to EBITDA ratio increased from just under 0.8x at the end of Q4 to approximately 1.8x excluding Russia, which is still very manageable.
We expect our leverage ratio to return to around 1 or slightly below by the end of the year, assuming current gold prices. With our now Americas focused business along with Tasiast entering its best years, we remain well-positioned to generate significant free cash flow over the coming years. When considering plans for allocating this free cash, we look at a range of scenarios depending on gold price and installation to balance our priorities.
As Paul mentioned, we remain committed to our baseline return of capital program. Beyond that, we plan to prioritize reducing debt given the inflationary environment. At current gold prices, we plan to allocate about a $1 billion to debt repayment over the next 2 years and we expect our net debt to EBITDA to continue to decrease going forward.
Turning to our revised guidance, note that all figures I referenced are within our typical range of plus or minus 5% and exclude both Russia and Ghana for all of 2022 and going forward. Starting with production, we expect to produce 2.15 million ounces in 2022, 2.3 million in 2023 and 2.1 million in 2024, which is consistent with our original guidance when excluding Russia and Chirano.
Looking at cost guidance, given we were revisiting these metrics, we updated our assumptions for gold and oil price to be more reflective of the prevailing environment. Specifically, we're now assuming $1,800 per ounce gold and $100 per barrel oil prices rather than $1,578 previously.
With respect to CapEx, we have right sized our CapEx profile and now plan to spend $850 million in 2022 and expect CapEx to remain in the range of $750 million over the following 2 years, before factoring in additional inflation beyond this year and potential additional growth projects.
Moving on to inflation, we continue to see inflation through the first quarter, and in some instances above and beyond what we factored into our budget and guidance. As a reminder, we reflected a 7% inflation assumption in our operating costs and 10% to 15% in CapEx. At this point, as Paul noted, we're not adjusting our inflation assumption, but we are monitoring this trend and we'll update our views if necessary. Lastly, a revised exploration guidance of $140 million includes approximately $60 million related to Great Bear and excludes funds previously planned for Russia and Chirano.
Before I hand off to Paul Tomory, I'd like to reiterate that although our production profile has gotten smaller, our recently announced divestitures do not have a significant impact on our expected free cash flow over the coming year. Free cash flow generated at Kupol was expected to be reinvested into the construction of Udinsk. And with Chirano's smaller scale, its contribution to the consolidated profile was modest.
With that, I'll now turn the call over to Paul.
Paul Tomory
Thanks, Andrea. This morning, I'll provide some key updates on our operations and projects and share some highlights from our Great Bear project. I'll start with Tasiast. It delivered a strong first quarter with a new production record of 134,000 ounces. Head-grades [ph] were strong this quarter and we're encouraged by the improvements in mining rates throughout the quarter, as the site overcame challenges posed by Omicron variant earlier in the year. The ramp up to 21,000 tonnes per day went well in the quarter with several days reaching this threshold.
As is typical with ramp ups, there were down days during the quarter associated with tie-ins and troubleshooting. But the outlook on Tasiast remains strong, and the site is on track for a record year with over 600,000 ounces of production. The second phase of the project ramp up to 24,000 tons a day, also remains on track for the middle of 2023. Engineering is planned to be completed in Q2, and construction of the third leech tank is now 70% complete.
Looking across the rest of the portfolio, our operations are tracking well against our plan and our projects continue to advance. As Andrea mentioned, our production profile this year is weighted to the second half, in particular, La Coipa, Tasiast and Paracatu, and to a lesser extent the other sites also.
Starting with La Coipa, we achieved a significant milestone and poured our first gold bar during the quarter. The project was delivered on schedule under budget, which is a significant achievement given the challenging environment the team worked through during the pandemic. We remain on track to ramp up production over the first half of this year and reach full production levels by the middle of the year.
At Paracatu, we saw a lighter quarter of production as anticipated, with the processing of lower grade stockpile material, while mining activities focused on advancing, stripping. Production is expected to increase throughout the year as grades improve, and we expect Paracatu to deliver another strong year.
Turning to Round Mountain. Given the complexity that [indiscernible] at Phase W, I’d like to provide a brief summary of what has happened and what we've learned so far. As is often the case with open pit mines where mineralization extends a depth, there's a point at which we need to decide whether to continue with the next open pit pushback or transition to an underground.
When our early warning systems detected a geotechnical issue at Phase W last year, it caused us to pause mining and assess this trade off sooner than we otherwise would have. Based on what we've learned so far through optimization study, we know that our wall angles at Phase W need to be shallower than originally envisioned, an open area more extensive than initially thought, which brings with the need for substantial additional stripping.
The amount of additional stripping needed is capital intensive. So we're in the process of exploring the potential to mine portions of Phase W from underground. The geotechnical work we've done combined with the exciting exploration success we've had a Phase X, is enhancing the opportunity to move underground sooner with less capital and better returns in the open pit.
Moving underground [indiscernible] would result in lower annual production level in '24 and '25 versus the original plan. However, moving Underground serves to lower CapEx needs and ultimately extend the mine life. Our optimization study is progressing well and as outlined, optimal mine sequencing over the next few years. while also incorporating Phase S into the plan. We will be prepared to discuss our detailed plans going forward once we complete the study in the second half of the year. But for now we know we'll mine the first couple of phases of Phase W followed by Phase S as open pit pushbacks.
Before turning the call back over to Paul, I will provide a brief update on our exploration program and our Great Bear project. Starting with Great Bear, we continue to receive positive drill and assay results that confirm gold mineralization, which is open along strike and depth. The results reaffirm our thesis that this asset has the potential to be a high-grade open pit mine, with further potential to transition to a large underground operation.
We have an extensive exploration program planned for this year with over 200,000 meters of drilling, with the goal of declaring an initial resource with year-end results, along with an infill program to support a PFS, which is scheduled to start next year. With respect to the timeline of the project, we continue to look for ways to potentially compress the schedule and bring initial production earlier than our current estimate of 2029.
We're also analyzing an Advanced Exploration Program, which would potentially allow us to establish an underground decline as early as 2024. This program would allow for underground drilling for more efficient exploration of deeper areas of the LP Fault zone, along with the nearby Hinge and Limb gold zones, as well as for bulk sampling. We began baseline environmental studies and local socio-economic studies required for the permitting process this quarter.
Other exploration highlights from the portfolio include encouraging drill results at Round Mountain and at our Curlew Basin Project, which is in close proximity to the Kettle River mill. At Round Mountain, we encountered several high-grade holes at Gold Hill that confirmed the down-dip extension of the Alexandria vein, which we discovered late last year.
At Phase X, plans for construction of an underground exploration drift continue to advance well, and remain on track to commence later this year. At Curlew, we continue to see positive exploration results with recent drilling discovering previously unidentified veins, including an extension of the Galaxie vein, which was discovered last year.
While it's still early and more work is needed on both exploration and permitting, we remain encouraged by the grades width and depth we're seeing that have the potential to support another mine in the Americas. In summary, our restoration programs are off to a great start. And our focus remains on promising targets around current operations and areas where existing infrastructure can be leveraged.
And with that, I'll turn the call back over to Paul.
Paul Rollinson
Thanks, Paul. Over the past several months, our company has gone through some significant changes. However, some things that haven't changed include: a strong 3-year production profile, a portfolio that support strong production through the decade, a continued focus on margins, a strong balance sheet and capital returns through dividends and share repurchases.
What has changed is that our portfolio has been reshaped by our planned exits from Russia and Ghana and our business is now more Americas focused and our growth projects have reached significant milestones with Tasiast hitting its throughput targets and La Coipa ramping up to full production. In our view, our updated portfolio warrants a better valuation, and we look forward to seeing this materialize as we continue to execute on our plans.
With that, operator, I'd like to open up the line for Q&A.
Question-and-Answer Session
Operator
[Operator Instructions] We have our first question comes from the line of Anita Soni from CIBC World Markets. Your line is open. Please go ahead.
Anita Soni
Good morning, everyone. Thanks for taking my call. My question, I guess the first one is, with regards to grades at Tasiast in the back half of the year. I had pulled up the old technical report and averaging grades around 2.7 for the next -- for 2022 and 2023. Given the 2.5, should we be still gearing towards that 2.7 overall for the course of the year?
Paul Tomory
Yes, we'll be tracking higher towards 3 actually for the full year. In other words, we're going to be hitting higher than 2.5 grades going into the second half.
Anita Soni
So you're going to be hitting higher than 2.5 or 2.7?
Paul Tomory
Higher than 2.5 and higher than 3 in pieces over the course of the year. We still intend to average just shy of 3 for the year, for full year '21.
Anita Soni
Okay. Full year '22, you mean, right?
Paul Tomory
Yes, sorry. Yes, full year '22. Yes.
Anita Soni
Okay. And then similarly at Paracatu, I mean, I guess you've been looking for higher grades for a year now and I know you're -- you've been saying that it's nothing major, but just what kind of grades should we be gearing towards for the second half of the year at Paracatu?
Paul Tomory
So the reason that grades have been lower over the last couple of quarters is because we've had the fleet focused on stripping. And we've been putting lower rate stockpile through the mill. As we get into Q2, Q3, Q4, we're going to trend higher closer to .4 in Q2, and then above .4 for the second half, finishing the year, nearing point .5. So we are on track with great at Paracatu. And what you've been seeing for the last couple quarters is simply mine sequencing and stockpile milling.
Anita Soni
Okay. And then I will ask one more question on Round Mountain, and then leave it to others to ask some questions. So thanks for giving us some clarity on what's going on there. I was a little bit lost as to where that stood. But in -- just in terms of -- you sort of gave us an idea of what 2024 and '25 could potentially look like, and then you said that you're currently modeling open pit -- sorry, assuming open pit extraction for Phase S and -- sorry, and Phase W right now. But what does 2022, 2023 look like? Are we -- should we be modeling around the current run rates that you have this quarter? Or is there some kind of an improvement that we will see over the course of the year?
Paul Tomory
Yes, thanks for the Round Mountain question. We knew that this is going to be a topic of focus. Well, we've -- as you know, we had the wall movement early last year. And then, early this year, we determined that the clay layer that is causing the Geotech issues is more extensive. And so we've had to relook at how we sequence the plan. And one of the bits of news here are that we've pulled Phase S forward.
So what we're going to do, starting immediately is we're going to feed direct or from the first two Phases of W, and that's what we're going to focus on over the next several months. And then we're going to start stripping Phase S later this year, so that the sequence in the near-term will be W1, W2, then Phase S. And what we're targeting is production approaching to 40 to 50 for this year, same again next year, and then closer to 300 after that. So what we've established here is that we're going to open pit mine the next couple of Phases of W and then Phase S.
And then the second half of our optimization study, which we're working on in the balance of this year will determine whether the third and fourth Phases of W and then X, what their configuration is open pit versus underground. But to answer the question, we are going to ramp up quarterly production at Round. The first quarter was lower than initially thought because of underdosing of cyanide in the heap. So it was a heap issue, not necessarily a mining issue. And we expect to finish the year, like I said, in that 240 range, and same again next year and then starting to ramp up in '24.
Anita Soni
Okay. And then so if we -- I was slipping out the capital from Russia and from Chirano, and Ghana came in a little under what you were saying for some 50. So if there's somewhat of a shortfall is that the -- should it be sort of allocated to stripping at Round Mountain? Is that we're -- we would expect to see if there was a differential?
Paul Tomory
Yes, Andrea, will say.
Andrea Freeborough
I think -- the 750 for '23 and '24 were really sort of directional. And the biggest adjustments from where we had previously said about a $1 billion was the biggest chunk of taking out the 650 or so CapEx for Udinsk that was [technical difficulty]. So it's really more of a directional number than too precise.
Paul Tomory
And at Round Mountain, we are limited by the fleet. So we have a constant stripping rate. And so the total tonnes moved around will be basically the same every year. But the CapEx this year will likely be lower.
Anita Soni
If I could ask what is that mining rate, overall?
Paul Tomory
We target about 100 million a year.
Anita Soni
Transparent. Okay. Between [indiscernible]. Okay. All right. Thanks, all. I'll get back in the queue for other questions. Thanks.
Operator
Our next question comes from the line of Mike Parkin from National Bank Financial. Your line is open. Please go ahead.
Mike Parkin
Thanks, guys. Could you just give any color in terms of that you kind of noted already in Tasiast is running kind of around the 21,000 tonnes per day to exit the quarter. Sounds good, but what about La Coipa? How -- can you give any color there in terms of what you're seeing in April or May to date?
Paul Tomory
On throughputs, it's been spotty. We're still in the very early stages of the commissioning there. And we've had the typical tie-in and downtimes. Our production, as you've seen has been very small there. But as we got into May, we started to see more reliable throughput, pushing 7,000, 8,000, 9,000, 10,000 tonnes a day. And our plan has always been to ramp up to a steady state for the second half, really targeting late June, early July.
So it has definitely been spotty up and down, but that was expect to do the commissioning ramp up schedule. But we will get into that steady state in the second half.
Mike Parkin
Nothing that [indiscernible] alarmed, like kind of largely everything as expected, typical kind of ramp up challenges?
Paul Tomory
Yes. Yes, both Tasiast and La Coipa have had tie-ins and downtimes and pumps braking and power bumps, but entirely consistent with what we had modeled and expected for commissioning ramp ups.
Mike Parkin
Okay. With respect to Paracatu, there's obviously some challenges with water in regions of Brazil. I don't -- I think from when I recall, you guys are generally okay. But there's kind of some regional factors that affect your power rate. Can you just give us a update on where things stand there?
Paul Tomory
This year's a rainy season was a record. And if anything, our problem was the opposite having to manage excess water. Water balance at site is doing fine. The power plants are also doing fine. And the -- how much we can take, offtake from our power plants was higher than it was last year. And certainly having owned those power plants through the drought has greatly benefited our unit prices. But bottom line is that both operationally at site and the power plants, it's smooth sailing right now due to water.
Mike Parkin
Okay, that's great. And then just with Kettle River and Curlew, can you just give us a bit of color, like what the goal is there? It's obviously an asset that doesn't come up in conversation very often, the results are pretty interesting. Where do you guys -- what do you guys kind of thinking of for that project?
Paul Tomory
Well, you've seen in our tone, we're starting to talk about it a little bit more really excited about what we're seeing there. The intercepts are very encouraging. We're getting things like 6 meters at 5 grams, 3 meters at 6 grams. And the overall thinking there is to use the fact that we have the Kettle River Mill -- the Kettle River infrastructure. Curlew Basin Project is quite close. It'd be a shorter trucking than what we were doing from [indiscernible].
And what we're targeting here is getting to about a million ounces. We're not there yet, but we have line of sight on that. And at a million ounces, we're looking at a pretty attractive project. And what we start to do in the background here is parallel to the Exploration program, which is that we're very excited about, we're looking at the permitting aspects of reopening the Kettle River Mill and we're looking at potential project economics. And that will be something similar to what we did at La Coipa refurbishing the mill, investing in the infrastructure.
But because we've got the decline already in place at Curlew, we're in effect already mining there. And now that we're down at the depth, we would like to be much of the focus over the next couple quarters, we'll be drilling from underground. So it is exciting. We're targeting a million ounces where we're adding them in our models as we go. We're not at that million yet, but we're quite excited about the prospects.
Mike Parkin
So with that decline kind of in place, we could actually potentially see a greater volume of drill holes getting reported as we move through the year?
Paul Tomory
That's the intent, yes. And as we had done some drilling from surface over the years there, and with the underground drilling is allowing us to do is obviously a much more granular targeted program and we are discovering veins that we did not know where they're. So we're proving up a hypothesis that the mineralization continues at depth and down dip and it's been really positive.
Mike Parkin
Okay, great. Super. Thanks very much, guys. That's it for me.
Operator
Our next question comes from the line of Greg Barnes from TD Securities. Your line is open. Please go ahead.
Greg Barnes
Thank you. Paul Rollinson, perhaps some of the overhang on your stock is still some concern about your ability to close on the sale of the Russian assets. Do you see any particular risks around that or the counterparty being able to pay in dollars?
Paul Rollinson
Sure. Thanks, Greg. Look I'll -- maybe I'll give a little bit of a background segue and then maybe transition over to Geoff, who's -- are on the day to day. Look, as you know, I mean, we're in uncharted territory here. It's a very fluid situation. Our strategy really has been to, in the first instance, focus on the priority of our health and safety of our people and our environmental standards.
And the position we've taken with the government as we were trying to effect a transition to a responsible operator with industrial logic, someone that's an underground miner in the region where we operate. We've pursued a process as laid out by the government. And so in terms of looking after our people, looking after the environment, finding a responsible buyer and following the process, we feel we're -- we've really done everything we can. But again, I would say we're in uncharted territory. Geoff, do you want to maybe give a sense of where we're at?
Geoff Gold
Sure. Yes. Yes, Greg, look as Paul said, unprecedented circumstances. And so we don't want to speculate on the outcome, or timing of the Russian government approval, as there is some uncertainty around that. But we've done everything we can. We've lodged our applications, we've obviously advanced our closing process and our ancillary agreements. And effectively, the approvals that the parties require, there's effectively a sign off for the Ministry of Industry at trade that's required.
And then there was a newly constituted sub commission that was set up to approve foreign company transactions, and that is something as required. And in addition, there is a Federal Antimonopoly Service approval required, which is sort of tantamount to any trust in the Western world. So we're doing everything we can. We're supporting the buyer with larger applications and we're waiting. And if and when those approvals show up and we're in a position to close, we'll update the market at that time.
Greg Barnes
Okay. That's helpful. It was some color on that situation. Paul, you also mentioned considering there was pricing, you used $1,200 per ounce now, and I know this is overly simplistic, but if you use 8% inflation, my guess is at $1,300 an ounce. What ballpark numbers are you thinking about in terms of one gold price you might use going forward? Or how you would get there?
Paul Rollinson
Well, you bang on like you hit the nail on the head. It's strictly that. When you look at our total spend, whether it's operating or capital, then you start to run through kind of inflation numbers that we're seeing, it's mathematical. And so we haven't done anything yet, we still got our mine plan set up. Reserves at 1,200, but to, as I indicated in the commentary, our strategy is not around, I would say the sins of the past where people drop cut off grades to try to paint a growth story, our thinking is really about and I use the word carefully maintaining our reserves by looking at higher gold prices to take into account that cost of inflation effect. Kind of prices we're talking about, Paul, I mean, essentially, there?
Paul Tomory
Yes, so with the 8%, you're right. I guess the 1,300. But that 8% is hedge impacted. In other words, we have the cushion from hedges on oil in the near-term. As we look at $100 per barrel longer term, the number is probably higher than 8%. And as we got through the first quarter here, getting into May, inflation is trending higher than we had been anticipating. So what we're modeling right now is 1,350 to 1,400 as sensitivities right now.
Paul Rollinson
With $100 oil.
Paul Tomory
With $100 oil, exactly.
Paul Rollinson
Yes.
Paul Tomory
And what we're going to do is with subsequent quarters we're going to elaborate on that thinking a little bit more, but we are running our internal plans at 1,350 and 1,400 to see the impacts. If we were to move higher, we would accompany that move higher with an instruction to our sites not to increase pit size or change cut off grades. So in other words, we would look to maintain pit geometries because in some situations, a higher reserve price might increase pit size. And that's not what we're trying to do here. We're just trying to maintain the reserve, recognize the inflationary environment.
Paul Rollinson
And then a whole other side of the inflation that we have to think about is, what will happen with currencies in particular, Brazilian rial. So we're -- I guess we're just putting a notice out there, Greg, that inflation is here. As you know, we were pretty transparent when we put some percent into our guidance at the beginning of the year. We're just watching it very closely and trying to have you guys understand what our thinking is.
Greg Barnes
That's great color. Thanks very much. Gives a lot of context.
Operator
Our next question comes from the line of Carey MacRury from Canaccord Genuity. Your line is open. Please go ahead.
Carey MacRury
Hey. Good morning, everyone. Just maybe back on La Coipa. Can you talk about what you've assumed for guidance there in terms of production and is that going to be all commercial production? Or was there some sort of noncommercial production associated with that?
Paul Tomory
Almost all the production will be actual production ounces, and we're assuming around 200,000 ounces for the year. And clearly, like I said in my prepared remarks, La Coipa is very heavily back weighted here.
Carey MacRury
So probably like what 80%, 90% of that would be in H2?
Paul Tomory
Yes. Yes, that's about right. Yes.
Carey MacRury
Okay. And then you mentioned the impact of the fuel hedges on the costs. Is there any way you can quantify like the 8.30 cost assumption for this year, if you were unhedged? Is there a sense of what that number would be?
Andrea Freeborough
Well, I guess I'll start by just saying we're about 50% of our exposures are hedged at an average price just below $50. Is that helpful?
Carey MacRury
Okay. And then maybe one last one for Paul Tomory. Just on the Great Bear. You're doing grade control drive [ph] there. Any surprises you're seeing on the grade control drive?
Paul Tomory
In terms of the mineralization, no, we're seeing everything we are hoping for. We've done about 12 kilometers out of a planned $35,000 program, and it's really to delineate and have a better understanding of how we construct the resource model, but also to set up for operational practices. But no surprises.
Carey MacRury
Okay. Thank you.
Operator
We have another question from the line of Anita Soni from CIBC World Markets. Your line is open. Please go ahead.
Anita Soni
Hi. So I guess I also wanted to ask about Fort Knox, and what's going on with the Gil Satellite pits and Gilmore? And where that sort of stands like where we are in the mining sequencer? You could just refresh my memory on those assets.
Paul Tomory
So the Gil Satellite is up and running. We are reusing a contract minor there with a smaller fleet. And we're tracking the [indiscernible] over to the main Fort Knox mill and it's progressing well. It's year one. So all going well there. In the case of Gilmore that's now part of the fundamental mine plant. We no longer differentiate between Gilmore and non-Gilmore. And just to give you a rough sense, Gil will make up about 50% of the mill by the end of this year at a slightly higher grade than the principal Fort Knox pits.
Anita Soni
Yes, I assumed -- I thought that it was going to start up this quarter and I was just -- so is that like we -- I think the proportion was kind of like 1,852 tonnes not to get too specific versus the 13 million from the Gilmore proper? And so that's going to ramp up to 50:50, is that what you're saying?
Paul Tomory
In terms of total tonnes, we'll have to get back to you on the total tonne split …
Anita Soni
Okay.
Paul Tomory
… but the Gil tonnes are relatively low. As I said it's higher-grade, smaller fleet. The principal tonnes movement is in the main Fort Knox fit with a 790 fleet.
Anita Soni
Okay. And then the second question I have is around CapEx. Obviously with the CapEx spend this quarter was fairly low. We -- just -- can you just give us an idea of like where and how like that will evolve in the ramp up over the course of the year?
Andrea Freeborough
I will start. Typically we have a relative slow start to the year on CapEx. So Q1 is usually our lowest CapEx quarter. We have maintained our guidance for the year ex Russia and Chirano. One of the reasons our CapEx was lower in Q1 was just less stripping, less capital stripping costs and we do expect that to ramp up through the year.
Paul Tomory
And a couple of specifics. La Coipa, we will end with a pretty significant underrun on CapEx will be probably $20 million under budget there.
Andrea Freeborough
Which is in a good way.
Paul Tomory
In a good way, exactly.
Andrea Freeborough
Yes. Exactly.
Paul Tomory
And we have a solar power plant, we are developing at Tasiast. And that is -- has been deferred a little bit. So the capital that we were anticipating in Q1 didn't show up, and it's been deferred a little.
Anita Soni
Okay. And then I think the last question that I have was just with respect to the guidance overall. Just so I understand that the 2.15 million ounces of geo that you have now completely excludes any contribution from Chirano, right, which probably would have been, I mean, you delivered like 30,000 or so this quarter. So you've stripped that out when you take the 2.15 million?
Andrea Freeborough
That's right. We've basically guided for continuing operations that we expect to be there going forward. So it's for all of 2022 back to January 1, but obviously, we produced almost 100,000 ounces in Russia, that's within discontinued operations. And as you said, about 30,000 ounces from Chirano in Q1 and there will be some in the early part of Q2 as well until we close.
Anita Soni
And then similarly, any spend that you had, like Russia was already excluded, but any Chirano spend and Chirano up to the 31 is, we shouldn't be including that in our 850 number for the year.
Andrea Freeborough
That's right.
Anita Soni
In cap. Okay. All right. Okay, thank you very much.
Operator
[Operator Instructions] Our next question comes from the line of Tanya Jakusconek from Scotia. Your line is open. Please go ahead.
Tanya Jakusconek
Hi, great. Good morning, everyone, and thank you for taking my questions. A lot have been answered. But I just want to circle back. So just one -- just to finish off on guidance, maybe Andrea, just on the capital allocation or Paul, you mentioned that $300 million, $150 million from dividends and $150 million on share buybacks. What -- where do you stand on the Great Bear resource shares were issued for that transaction? It had been mentioned previously that you were going to look at buying those back. Have those been now pushed out? Priority has been the $1 billion debt reduction. Where do we stand on that?
Paul Rollinson
Yes, it's a good question, Tanya. Thank you. Obviously, that's something we do want to address, we still want to address, we're also trying to be mindful of the environment we're in today. We're looking pretty closely at the gold price and how it holds in on the revenue line and the inflation we're seeing is not going away. It's growing. And I mean that in a year-over-year context. So we are absolutely committed to the $300 million. We would like to take out those issue -- shares issued for Great Bear, but at the same time, we want to be transparent that as we think about that, we're thinking about this from a margin perspective as well.
Tanya Jakusconek
Okay. So we'll prioritize then the $1 billion debt repayments over the next few years over this buyback [indiscernible]?
Paul Rollinson
Well, the idea is, obviously, we'd like to do both, but in a contracting margin environment we'll always go seek the balance sheet first.
Tanya Jakusconek
I know. For sure. And maybe just on finishing off on guidance, it's just you have a lot of ramp ups in the second half, Fort Knox, Kupol, La Coipa. You've got Tasiast from packet two quarter-over-quarter improvements. So I'm just trying to get an idea on a overall portfolio basis. As we go through the year, are we looking at progressively quarter-over-quarter improvements, or are we looking at a portfolio where you've got 45, 55 first half, second, and then quarter-over-quarter improvement over that 45, 55. Maybe some guidance there would be helpful.
Paul Tomory
It varies by assets. So for example at Fort Knox we anticipate getting back to about 80 for each of the remaining three quarters. Whereas at Paracatu, it's a slower ramp up, we did want to wait and then we're targeting probably 120 in the second quarter, and then heading up above 160, 170 for the last two quarters. So Paracatu is definitely back end weighted. As I answered the earlier question, ramping up the grade. So what we're looking at really here is a medium ramp up in Q2, something over 0.5 million, and then getting into the 650 range for each of Q3 and Q4. Given you some color on some of the assets there. And of course, Tasiast with every month that goes by, we get into better and better grades. So Tasiast is also quite back end weighted.
Tanya Jakusconek
Thank you for that.
Paul Tomory
We'd love to be so back end weighted, but it's just the nature of the portfolio and where each asset is right now. So, they are all back end weighted on grade and throughput and ramp ups and heap leach timing.
Tanya Jakusconek
Okay. No, thank you for that. And now that I have you on maybe, you mentioned about fast-tracking Dixie and trying to get that in earlier than 2029. With the decline there help you and in terms of having some underground production earlier and is there access -- is if the milling tool, milling capacity in the areas you get your mail in place to bring it on earlier, or how should I be thinking of where you can gain time to get this in earlier than 2029?
Paul Tomory
So as we look at potential schedule compression, the critical paths do run through permitting and some other regulatory processes. For example, [indiscernible] system tie-ins. So the focus will be on continue to evolve our understanding, engage with all key stakeholders on the permitting timeline. The underground decline doesn't necessarily advance the project, what it does allow us to do is do much better targeted underground drilling for better definition of the hinge and Limb underground targets, but also the LP underground target. The decline would be situated in between the two, we would drill as we go. And the principal goal there is not necessarily schedule acceleration, but rather resource growth earlier and better definition on underground targets for engineering purposes.
Tanya Jakusconek
Okay. And how should I think maybe -- my last question. How should I be thinking about, your pipeline as we go forward? Obviously, peak gold coming in the earliest, then you would have Dixie, and if we can come in earlier than 2029, that's great. And then Lobo-Marte, sort of coming in 2030. Would that be a reasonable assumption of how I should think of your pipeline? Just to see that 2 million ounce over the rest of the decade? I'm trying to understand how all of that pans out.
Paul Tomory
Yes, so you've got the sequencing, correct. Manh Choh at a peak is going well. Fort Knox, we're on track there for 2024 production. The one in the middle that you missed is the extending La Coipa. So we -- we've got the first extension at La Coipa with a JV with Codelco. We're now working on a -- another phase extension with Codelco in that Puren deposit called Puren 4, we've got Puren 2. Don't ask me where we go from 2 to 4. And Lobo-Marte, as we said before, if we can extend La Coipa, we would push out Lobo-Marte, because La Coipa's built permitted. So to the extent that we add mine life at La Coipa, we will push out Lobo-Marte.
And the other one, as I was talking to earlier with Mike, Curlew is starting to show up on the list here as well as something that could come into production. If we can get to that minimal -- minimum viable project. Somebody have to come in the back half of the decade here.
Tanya Jakusconek
Okay. So that could come in even before Lobo-Marte, if you are extending mine life at La Coipa?
Paul Tomory
Definitely. Yes, definitely we would want to do that.
Tanya Jakusconek
Okay.
Tanya Jakusconek
The other thing in the very far background is [indiscernible]. We've got a big resource there. And we've initiated a very early-stage study on what things might look like in a sustained higher gold price environment in Chile. As you know, we have a huge resource there. And we're starting to do some preliminary level studies on a reopening plan there, but it's very early days there.
Tanya Jakusconek
Okay, great. Thank you. I'll let someone else ask questions. Thank you.
Paul Rollinson
Thanks, Tanya.
Operator
There are no further questions at this time. I would like to turn the call back over to Paul Rollinson.
Paul Rollinson
Thank you, Operator, and thanks everyone for the calls today and the questions. We look forward to catching up in-person in the coming weeks. Thank you.
Operator
This concludes today's conference call. Thank you all for participating. You may now disconnect. Have a great day. | https://seekingalpha.com/article/4510169-kinross-gold-corporation-kgc-ceo-paul-rollinson-on-q1-2022-results-earnings-call-transcript | 2022-05-11T18:34:30Z | https://seekingalpha.com/article/4510169-kinross-gold-corporation-kgc-ceo-paul-rollinson-on-q1-2022-results-earnings-call-transcript | false | 1 |
Which bird feeder is best?
The right bird feeder can transform a simple outdoor space into a lively meeting spot for winged neighbors. Feeders welcome all kinds of birds depending on the shape, location and seeds you offer. A feeder can also help support the health of your garden or outdoor space.
This Nature Anywhere Window Bird Feeder is a top pick for its size, convenience and transparent construction.
What to know before you buy a bird feeder
The purpose of a bird feeder
Bird feeders house seeds, nuts and grains to feed a variety of birds. Depending on where you live, food might be scarce during certain times of the year, and the feeder can provide much-needed sustenance.
The presence of birds can also benefit your garden and outdoor green space. Birds act as pest control, feeding on worms, insects, slugs and snails. They may also help pollinate flowers near and far.
Lastly, feeders provide an easy way to view and learn more about birds, especially for curious children.
Seeds
The type of seed used in a feeder influences the type of bird that’s attracted.
- Black oil sunflower seeds welcome many birds, including grackles, cardinals, jays, finches and woodpeckers.
- Striped sunflower seeds attract cardinals, blue jays and woodpeckers.
- Peanuts invite crows, chickadees, wrens, jays and woodpeckers.
- Nyjer seeds, which are small and thin, attract tinier birds like goldfinches and common redpolls.
- Cracked and shelled corn invite doves, pheasants, crows, sparrows and quail.
- Safflower seeds notably welcome cardinals, but also attract some sparrows, grosbeaks and doves.
- Millet welcomes quails, cardinals, sparrows and doves, as well as cowbirds and blackbirds.
- Currants and raisins attract bluebirds, mockingbirds and robins.
- Oranges bring tanagers and orioles.
Height
Where you position your feeder influences what types of birds come around. Sparrows, for example, enjoy their meals at ground level, while cardinals and finches dine around shrub height. Chickadees and woodpeckers, meanwhile, feed in the trees.
What to look for in a quality bird feeder
Types
- Hanging feeders may be hung from a porch roof or tree branch. They are typically long, vertically tubes with holes and perches located throughout to welcome birds.
- Hopper feeders resemble small houses, with a roof and a platform. These may be suspended, but they can also be affixed to a wall or flat vertical surface.
- Window feeders affix to windows using suction cups for up-close viewing of birds. These are made of plastic to allow clear viewing.
Material
Wooden feeders offer a rustic, natural look. However, a quality wooden feeder needs to be properly sealed so it won’t break down during rain.
Plastic is common, as it’s cheap and light, but it lacks durability. Metal feeders are longer-lasting, but like wooden ones, they need to be properly treated to avoid breaking down during inclement weather.
Color
Brightly colored feeders may attract birds interested in fruits and berries. However, more muted feeders welcome birds that don’t want extra attention. So when you are shopping for a feeder, don’t choose the color you want, but the one that attracts the birds you’re interested in viewing.
Design
Bird feeders have varying capacities and may be designed for a certain type of seed. Some only feature small openings for birds, which means they are suited for small seeds. However, more elaborate feeders may feature two divided compartments so you can provide seeds of different sizes on each side.
Note where the birds will perch and feed as well: more room to feed means more birds can dine simultaneously.
How much you can expect to spend on a bird feeder
Most feeders cost $20-$35. The price will increase alongside size.
Bird feeder FAQ
How do I prevent unwanted critters from using the bird feeder?
A. Squirrels can quickly consume all the food, disrupt feeding birds and even break the feeder. Some feeders are designed to prevent squirrels from getting to the seeds, with small openings that only allow for birds. Another way to keep squirrels away is to set up a squirrel feeder for their exclusive use, far from the bird feeder.
Be mindful of other animals in your area, too. Raccoons and even bears may be drawn to peanuts, for example.
How do I best maintain my bird feeder?
A. Feeders should be fully cleaned at least twice a year, though more so if summers are especially humid. That’s because uneaten seeds can eventually grow mold and become toxic to birds. Most feeders can be washed with dish detergent and rinsed thoroughly. Soaking in non-chlorine bleach can also help disinfect the feeder.
Seed should be stored in a secure metal container, away from heat and moisture and where other animals cannot get into it.
What’s the best bird feeder to buy?
Top bird feeder
Nature Anywhere Window Bird Feeder
What you need to know: This attractive window feeder welcomes numerous birds for close, personal home viewing.
What you’ll love: This clear plastic feeder has a tray with two compartments for different seeds. The platform is removable for easy refilling and washing. High-quality suction cups keep the feeder attached.
What you should consider: Due to the plastic design, it requires frequent cleaning and removal during inclement weather.
Where to buy: Sold by Amazon
Top bird feeder for the money
First Nature Hummingbird Feeder
What you need to know: This simple, effective hanging feeder comes at a low price and welcomes hummingbirds to your home.
What you’ll love: Though relatively small, the design is aimed at petite hummingbirds, offering 10 feeding ports and a 32-ounce capacity. The base is easy to remove and fill; the design resists spills and leaks.
What you should consider: This feeder does not attract other birds.
Where to buy: Sold by Amazon
Worth checking out
Pesky-Pet Panorama Bird Feeder
What you need to know: Easy to fill and clean, this basic feeder attracts a variety of smaller birds for your viewing pleasure.
What you’ll love: A securely locking lid prevents squirrels from getting to seeds while the large opening allows easy refilling. This hanging feeder has a capacity of nearly 2 pounds and features drainage holes to avoid pooling water.
What you should consider: Feeding openings only let small seeds be enjoyed.
Where to buy: Sold by Amazon
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Anthony Marcusa writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.wate.com/reviews/best-bird-feeder/ | 2022-05-11T18:34:38Z | https://www.wate.com/reviews/best-bird-feeder/ | true | 30 |
Dodgers hosting first-ever adult baseball camp
LOS ANGELES - Calling all Dodgers fans!
If you've ever dreamed of playing baseball at Dodger Stadium, now's your chance!
The Dodgers announced Tuesday they will be hosting the first-ever adult baseball camp at Dodger Stadium.
It will be held over four days from July 28 to 31.
Not only will you get to be part of infield and outfield practice, but you also get to pitch, catch, and play six seven-inning games.
Former Dodgers Nomar Garciaparra, Andre Ethier, Manny Mota, Steve Yeager, Jerry Hairston Jr., Eric Gagné and Bill Russell will also be in attendance to help you practice.
The camp will end with a special awards reception.
It'll cost you a pretty penny - one general admission ticket is $3,995 per person. But that also includes meals and your very own Dodgers uniform.
Anyone ages 18 and up can participate.
If you can't attend this one, a similar camp will be held in the new year from Jan. 8 to 13, 2023 in Glendale.
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To learn more, click or tap here. | https://www.foxla.com/news/dodgers-adult-baseball-camp | 2022-05-11T18:37:35Z | https://www.foxla.com/news/dodgers-adult-baseball-camp | false | 1 |
NEW YORK (AP) — Stocks fell on Wall Street Wednesday after a report on inflation came in worse than feared last month.
The S&P 500 was 0.6% lower after waffling between gains and losses in early trading. The Dow Jones Industrial Average was down 91 points, or 0.3%, at 32,033, as of 1:25 p.m. Eastern time, and the Nasdaq composite was 1.8% lower as tech stocks weighed down the broader market.
Wall Street has been transfixed on the nation's high inflation, and where it's heading, because it's causing the Federal Reserve to yank the supports it propped under markets for most of the pandemic. The Fed has flipped aggressively toward raising interest rates after seeing high inflation last longer than it expected.
Wednesday’s report from the U.S. Labor Department showed inflation slowed a touch in April, down to 8.3% from 8.5% in March. Investors also found some glass-half-full signals in the data that inflation may be peaking and set to ease further.
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Nevertheless, the numbers were still higher than economists forecast. They also showed a bigger increase than expected in prices outside food and gasoline, something economists call “core inflation” and which can be more predictive of future trends.
“Core inflation came in hot, and that’s what really matters to the Fed at this point,” said Brian Jacobsen, senior investment strategist at Allspring Global Investments.
Economists said the inflation report will keep the Fed on track for rapid and potentially sharp increases in interest rates in upcoming months, though the data led to erratic trading on Wall Street.
Treasury yields initially jumped but pared their gains as the morning progressed. As the yields regressed, most stocks reversed their early losses.
The 10-year Treasury yield climbed as high as 3.08% but fell back to 2.93% in later trading, below its late-Tuesday level of 2.99%. The two-year yield, which moves more on expectations for Fed action, rose to 2.65% from 2.62% late Tuesday. It had climbed as high as 2.75% shortly after the report’s release.
To corral high inflation, the Fed has already pulled its key short-term interest rate off its record low near zero, where it spent most of the pandemic. It also said it may continue to hike rates by double the usual amount at upcoming meetings. Such moves by design would slow the economy, in hopes of quashing inflation.
The Fed risks causing a recession if it raises rates too high or too quickly. Even if it’s deft enough to avoid a downturn, higher rates push down on prices for stocks and all kinds of investments in the meantime. That's because higher-yielding, safe Treasury bonds suddenly become a stronger competitor for investors’ dollars.
"The market's main concern at this point is inflation and how the Fed reacts to it," said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management. “In order for markets to get more comfortable with a soft landing, they are going to be focused on any of the inflation data and also any clues about how the Fed thinks about that inflation data.”
Higher rates are most hurting the investments that were the biggest winners of the ultra-low rates of the pandemic. That includes big technology companies, other high-growth stocks and even cryptocurrencies. The Nasdaq’s loss of roughly 25% so far this year is considerably worse than the nearly 16% drop for the S&P 500, for example.
Coinbase, a crypto trading platform, tumbled 30% after it reported much weaker results for the latest quarter than analysts expected. Drops in crypto prices dragged on trading volumes through the quarter.
Several other companies made big moves following the release of their latest earnings results. Hamburger chain Wendy's fell 10.5% after reporting disappointing profits. Callaway Golf jumped 12.3% and H&R Block surged 17.3% after reporting encouraging financial results.
It’s not just interest rates that are pushing markets lower. In China, shutdowns meant to stem COVID are raising the risk of more supply chain disruptions for global companies and a slowdown in the world’s second-largest economy.
The war in Ukraine, meanwhile, is threatening to keep inflation high because of disruptions to the oil and natural gas markets.
Crude jumped again on Wednesday, with a barrel of benchmark U.S. oil rising 6.6% to $106.34. Brent crude, the international standard, added 5.6% to $108.16.
That helped energy stocks in the S&P 500 jump 2.2%, by far the biggest gain among the 11 sectors that make up the index. Exxon Mobil rose 2.7%, and ConocoPhillips spurted 1.8% higher.
AP Business Writer Elaine Kurtenbach contributed.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://siouxcityjournal.com/news/national/stocks-stumble-lower-after-inflation-rises-again-in-april/article_28b26be1-3f5f-5cc5-810b-d08f6fcb220f.html | 2022-05-11T18:39:23Z | https://siouxcityjournal.com/news/national/stocks-stumble-lower-after-inflation-rises-again-in-april/article_28b26be1-3f5f-5cc5-810b-d08f6fcb220f.html | true | 25 |
By Grace Gedye | CalMatters
If you’re one of many Californians looking for a job, chances are you’ve run into some familiar frustrations: unclear pay ranges and benefits. And how do you know if the company is a good employer?
If two Democratic state lawmakers have their way, employers might soon have to disclose a lot more information about pay and internal practices. Both bills, working their way through the California Legislature, face ardent opposition from powerful business groups, who fear the proposed laws could lead to unfair comparisons and expensive lawsuits.
The bills are part of a larger push from states, the federal government and, in some cases, employers themselves to make companies more transparent. The California legislators have two goals: shrink gender- and race-based pay gaps, while also increasing the quality of jobs.
Companies in several states — including California — currently must tell workers about a job’s pay ranges upon request, while Colorado, Washington and New York City have passed measures in recent years requiring companies to put pay ranges in job postings. Intel has begun publishing data on how it pays its workforce, and an increasing share of the largest companies disclose some data on their racial and ethnic makeup.
Meanwhile, the chair of the federal Securities and Exchange Commission is interested in new rules that would make public companies disclose data about how they treat their employees.
As California trudges out of the pandemic and companies try to hire or retain workers, the timing is right for legislation that zeroes in on “what it really means to be a high-quality employer,” said Ash Kalra, chair of the Assembly’s labor and employment committee and a Democrat from San Jose.
Pay gaps
When Jessica Seifert applied to work at Riot Games, a video game company based in Los Angeles, pay range wasn’t mentioned in the job description, she said. The company, known for its popular “League of Legends” game, first brought her on as a contractor in 2014 and then hired her full time to onboard new employees, she said. She found out a male peer was making $90,000 per year while she was making $70,000, and she began talking with co-workers about pay. The upshot: Women were often getting paid less for doing similar jobs, she said.
From her vantage point inside Riot, Seifert saw applicants negotiate pay without much information on what to expect. “I think it was a lot of anxiety; I think it was a lot of shooting in the dark,” she said.
Gender- and race-based pay gaps persist across the U.S. In California, the average annual pay for women is $50,313 while men earn $57,457, according to Census Bureau data. Meanwhile, more than a third of Californians were in poverty — with less than $35,600 for a family of four on average — or near it in 2019 according to the Public Policy Institute of California. That year, 80% of poor Californians lived in a family with at least one working adult.
To close pay gaps, reduce working poverty and improve job quality, legislators have turned to the same mechanism: making stuff public. One bill, introduced by Monique Limón, a Democratic state senator from Santa Barbara, would require companies to include pay ranges in job postings and let workers know when promotion opportunities are available. For companies with 250 or more employees, pay data for 10 broad job categories would get published starting in 2026, broken out by race and gender. For larger companies, the publication date is sooner. The bill would also require companies using 100 or more contractors to report pay data for contractors.
The hope is that with more information about potential pay, women will be able to negotiate higher wages, said Jessica Ramey Stender, policy director for Equal Rights Advocates, a bill sponsor.
A second bill, introduced by Assemblymember Kalra, would be a first-in-the-nation measure to make companies with 1,000 or more workers in California annually report a broad swath of data about how they treat employees to the state’s labor agency. The data include workforce size, scheduling, pay, internal promotions, benefits, safety, turnover rate, equity, and more. The labor agency would begin posting the information online in 2024.
The eventual aim is to create a certification for employers who treat their workers well, said Betty Yee, California’s controller and the bill’s sponsor. The certification would come with benefits — maybe tax credits, or a better shot at getting state contracts — as an incentive. The data would also get condensed into an easy-to-understand measure for the public, sort of like nutrition labels on food.
“Why is all this information in a black box?” said Rick Wartzman, who developed the data required by the bill and tested the measures with a few large companies. Wartzman, who leads a center at the Drucker Institute, a think tank at Claremont Graduate University, thinks everyone from investors to job seekers would have their own reasons for wanting the breakdown.
“Maybe you like to shop at places that treat their workers well, and you don’t want to patronize places that don’t, but how would you really know?” Wartzman said.
If pay data goes public, what happens next?
People find pay ranges in job postings useful, according to LinkedIn. Another indicator: In the federal government, which includes salaries in its job postings, women earn 93 cents for every dollar men make, compared to the national average of 83 cents. And when women have a clear sense of what to expect from negotiation, gender gaps shrink, according to a review of studies published in National Bureau of Economic Research.
Research on countries and states that require companies to share pay data or report on their gender wage gap shows mixed results. Australia saw the gender pay gap at many of its companies decline by about four percentage points, while the United Kingdom saw gender pay gaps increase slightly after instituting a reporting law in 2017.
When researchers examined a Denmark law requiring companies to disclose pay data by gender, they found that companies required to comply with the law shrank the gender pay gap by 7%, while other companies saw no change. Reporting companies were also more likely to hire women and promote female employees. But the main way companies shrank their pay gaps wasn’t by increasing pay for women, researchers found — it was by slowing wage increases for male employees.
After pay becomes more public, the impact comes in two stages, said Zoe Cullen, a professor at Harvard Business School. First, workers might use that information to negotiate raises. But the second step is the company’s reaction: If they know raising pay for one worker could lead to renegotiation with a bunch of other workers, employers might bargain more aggressively and set lower wages on average, Cullen said. One study she conducted looked at states before and after they passed laws protecting workers who talk with each other about wages, and found that the laws lead wages to decline by about 2%.
In other words, research suggests there’s a tradeoff: Under transparency measures, the pay gap seems to shrink, but wages decrease on average.
When Colorado passed a law requiring companies to include pay ranges in job postings, it encountered another unwelcome move from employers. In an attempt to skirt the law, some companies started posting roles that allowed applicants to work from any state — except Colorado. Since then, Washington and New York City have passed similar laws.
Pushback from business groups
The powerful lobbying operation at the California Chamber of Commerce has put both bills on its “job-killer” list — the collection of measures it opposes most aggressively each year. The group’s self-reported kill rate of its “job killers” is high. In 2021, it had 25 bills on the list; one got signed into law.
One of the Chamber’s concerns with both bills is that publishing the data won’t capture sufficient context about why some pay differences are justified, or why some businesses don’t perform as well on workforce metrics compared to other companies in their industry.
For the bill that would publish pay ranges and data, “our concern largely lies with: What does this data actually show versus how is it going to be used?,” said Ashley Hoffman, a lobbyist for the Chamber. The reports themselves might not reveal illegal pay discrimination, but, said Hoffman, “What are the headlines going to be?” She also fears it might generate expensive lawsuits for companies, which is part of the reason the group tagged it a “job killer.”
“I know the opposition likes to say that this is a bill that’s going to shame,” said Limón, the state senator who introduced the pay range bill. “We do not believe that the act of making accurate information public is an act of shaming.”
The workforce metrics bill could create unfair comparisons between companies, Hoffman said. On several measures, including pay, companies have to share data on their whole U.S. workforce. A company with a lot of workers in states with low costs of living might have much lower pay on average than a company whose entire workforce is in California, and has high wages to match.
Another line of opposition — this one from Kelly Seyarto, a Republican state assemblymember from Murrieta — is that adding more regulations and requirements for companies would hurt California in its competition with other states to attract and retain companies.
“While it might be the first in the nation, I also see that as: We’re the guinea pigs. And I don’t know that we can afford to be guinea pigs anymore, especially when it comes to attracting businesses in California,” Seyarto said in a hearing about the worker metrics bill.
Both bills would have to pass through more committees in the Legislature before getting a final vote. The workforce metrics bill from Assemblymember Kalra has been put on “suspense file” — a temporary parking lot for bills that’s officially for assessing their fiscal impact, but is often used to kill them with little public discussion.
California has been a laboratory for progressive labor measures, said Ken Jacobs, chair of the UC Berkeley Labor Center. He rattled off examples: The first paid sick leave law in America was passed in San Francisco. California and New York passed the first statewide $15 per hour minimum wage laws on the same day, he said, while San Francisco passed one of the first laws addressing irregular scheduling. It “becomes proof of concept when a state like California puts these measures in place,” Jacobs said.
At Riot Games, concerns like those raised by Seifert, bolstered by explosive reporting on the company’s culture of sexism, led to a class-action gender discrimination lawsuit filed in 2018 against the company. In December 2021, Riot agreed to pay $100 million in a settlement deal, most of which will go to current and former female employees in California. The company also agreed to several policy changes, including making its pay data reports available to workers upon request.
Seifert, who is no longer at Riot, now works as a recruiter. She always talks about pay ranges early on with candidates, she said. She doesn’t want to waste their time — or her own.
Grace Gedye covers California’s economy for CalMatters. Previously, she was an editor at the Washington Monthly. She is a graduate of Pomona College. Contact her via email at grace@calmatters.org | https://www.redlandsdailyfacts.com/2022/05/10/are-california-companies-about-to-get-more-transparent-about-pay/ | 2022-05-11T18:41:41Z | https://www.redlandsdailyfacts.com/2022/05/10/are-california-companies-about-to-get-more-transparent-about-pay/ | true | 20 |
Re “Doing a better job helping victims” (May 8):
George Gascón suggests an increase to compensation for victims of violence but no specifics on how the current annual $100 million is being spent. He cites underfunded public schools but our schools in California are not underfunded at all. California’s spending for education ranks 19th among all U.S. states. School districts like LAUSD have many specialist instructors (e.g., for reading) and yet school scores do not improve.If I were a victim of a crime, I would want the perpetrator caught and punished with more than a slap on the wrist and yet that is what George Gascón promotes. With the possibility he will be recalled, he is now on the offensive, saying he is on the side of victims. We will have fewer victims if criminals are caught and punished instead of immediately released.
— Jacqueline Zuanich-Ferrell, Manhattan Beach
California’s high gas prices
Re: “We need to get these gas prices under control” (May 8):
I don’t understand the lack of understanding about gasoline prices, in which columnists blame everyone from President Biden to Governor Newsom. Gasoline is not a utility like water, natural gas or electricity. Gasoline is a commodity produced, refined, distributed and sold by private companies, and every private company seeks to make as much profit as it can; that is understandable. During the quarter ending in March 2022, Shell Oil’s profit of $9.1 billion was its best since 2008. Good for Shell. its management and its shareholders. If consumers continue to pay the prices currently asked at the pump, why not charge more? The oil companies are not charities. Most of us believe in capitalism, and this is capitalism at its finest.
— Martin A. Brower, Corona del Mar
The Supreme Court’s decision on Roe v. Wade
The Supreme Court’s decision to overturn Roe vs. Wade cannot be defined as a “conservative” decision, and that portends danger for all of us. A conservative decision would be to uphold the court’s long-standing settled legal decision, not reverse it. And this in and of itself sets the groundwork for future court decisions to do the same, on all settled law cases. This is a “radical” departure from the precedents of this and potentially all other previous court decisions.
— Bud Weisbart, Fontana | https://www.redlandsdailyfacts.com/2022/05/10/compensation-for-victims-of-the-most-violent-crimes-letters/ | 2022-05-11T18:42:12Z | https://www.redlandsdailyfacts.com/2022/05/10/compensation-for-victims-of-the-most-violent-crimes-letters/ | false | 11 |
NEW YORK — The New York State Lottery is suspending the awarding of Mega Million prize payments following an error in the May 10 drawing.
The Lottery reports that human error lead to the incorrect publishing of the Mega Ball number after it was input incorrectly.
The New York Lottery says it is actively working to solve the issue. Mega Million players should hold on to their tickets for the May 10 drawing until the issues is resolved.
The correct winning numbers for the May 10 drawing are: 15-19-20-61-70 and Mega Ball 9. | https://www.wgrz.com/article/news/lottery/new-york-mega-millions-suspending-prize-payments-after-incorrect-input-of-winning-number-tuesday/71-2a7e2ec2-9c91-4dbc-8577-1f1c4ba62929 | 2022-05-11T18:46:18Z | https://www.wgrz.com/article/news/lottery/new-york-mega-millions-suspending-prize-payments-after-incorrect-input-of-winning-number-tuesday/71-2a7e2ec2-9c91-4dbc-8577-1f1c4ba62929 | true | null |
We have always underestimated samosa. You would be surprised to know that our beloved evening snack did not originate in India. Yes! Samosa is not an Indian dish, it originated during the 10th century in the Middle East region. Widely considered a quintessentially Indian delicacy, the deep-fried, tightly packed aloo snack belongs to Central Asia.
The first official mention of samosa was found in Iranian historian Abolfazl Beyhaqi’s work Tarikh-e Beyhaghi, where it was named 'Sambosa'. They were tiny mince-filled triangles, eaten by travellers and merchants around. They were small in size, so that, samosas can be easily packed in saddlebags as a snack for a long journey.
Mentioning of samosa in the royal era began when poet and scholar of the Delhi Sultanate, Amir Khusro spoke of the snack prepared from meat, ghee, and onion that nobles ate at that time. In India, it was introduced by the Middle Eastern chefs who migrated for employment during the Delhi Sultanate rule. Soon, the samosa became a snack suited for the king.
Then, 14th-century traveller, Ibn Battuta, mentioned about sambusak (samosa) made with minced meat, peas, pistachios, almonds, and other filings being served as part of a royal meal in the court of Muhammad bin Tughluq after the sherbet had been sipped.
Indian Samosa
If you think that the triangular version of samosa, filled with potatoes is the only way to enjoy the savoury snack, then you are wrong. Samosa are available in 20-15 avatars. While in South India, samosas are prepared with cabbage, carrots, potatoes and curry leaves, in Bengal, it is called ‘Shingaras’, and is available in both savoury and sweet flavours.
Also, samosa are filled with chowmien, pasta, chaap, paneer, Keema, maggi, chillis, peas, macaroni and other tasty fillings. | https://www.indiatvnews.com/trending/news/sorry-people-but-samosa-is-not-an-indian-dish-2022-05-11-775855 | 2022-05-11T18:49:53Z | https://www.indiatvnews.com/trending/news/sorry-people-but-samosa-is-not-an-indian-dish-2022-05-11-775855 | true | 1 |
NEW YORK (AP) _ TG Therapeutics Inc. (TGTX) on Tuesday reported a loss of $69 million in its first quarter.
The New York-based company said it had a loss of 51 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.
The biopharmaceutical company posted revenue of $2 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGTX at https://www.zacks.com/ap/TGTX | https://www.timesunion.com/business/article/TG-Therapeutics-Q1-Earnings-Snapshot-17165475.php | 2022-05-11T18:50:22Z | https://www.timesunion.com/business/article/TG-Therapeutics-Q1-Earnings-Snapshot-17165475.php | true | null |
DETROIT (AP) _ The winning numbers in Wednesday afternoon's drawing of the Michigan Lottery's "Midday Daily 4" game were:
8-8-0-5
(eight, eight, zero, five)
DETROIT (AP) _ The winning numbers in Wednesday afternoon's drawing of the Michigan Lottery's "Midday Daily 4" game were:
8-8-0-5
(eight, eight, zero, five) | https://www.timesunion.com/lottery/article/Winning-numbers-drawn-in-Midday-Daily-4-game-17165444.php | 2022-05-11T18:51:23Z | https://www.timesunion.com/lottery/article/Winning-numbers-drawn-in-Midday-Daily-4-game-17165444.php | true | null |
Rapoport: Seahawks have 'laid the groundwork' for DK Metcalf extension
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- Seattle SeahawksLiveTodayTomorrowvs--|
NFL Network's Ian Rapoport reports that the Seattle Seahawks have 'laid the groundwork' for Seahawks wide receiver DK Metcalf's extension. This game is streaming live on the Yahoo Sports mobile app, or on NFL Network | https://sports.yahoo.com/rapoport-seahawks-laid-groundwork-dk-172014880.html?src=rss | 2022-05-11T18:51:37Z | https://sports.yahoo.com/rapoport-seahawks-laid-groundwork-dk-172014880.html?src=rss | false | null |
AMJ Financial Wealth Management purchased a new position in Motorola Solutions, Inc. (NYSE:MSI – Get Rating) in the fourth quarter, Holdings Channel.com reports. The firm purchased 750 shares of the communications equipment provider’s stock, valued at approximately $204,000.
A number of other hedge funds have also modified their holdings of MSI. Morgan Stanley increased its stake in Motorola Solutions by 17.2% in the 2nd quarter. Morgan Stanley now owns 383,655 shares of the communications equipment provider’s stock worth $83,197,000 after buying an additional 56,265 shares in the last quarter. Moors & Cabot Inc. grew its position in shares of Motorola Solutions by 1,534.9% during the third quarter. Moors & Cabot Inc. now owns 30,000 shares of the communications equipment provider’s stock valued at $33,000 after purchasing an additional 28,165 shares in the last quarter. Keybank National Association OH grew its position in shares of Motorola Solutions by 95.4% during the third quarter. Keybank National Association OH now owns 4,418 shares of the communications equipment provider’s stock valued at $1,026,000 after purchasing an additional 2,157 shares in the last quarter. Meeder Asset Management Inc. grew its position in shares of Motorola Solutions by 32.0% during the third quarter. Meeder Asset Management Inc. now owns 1,517 shares of the communications equipment provider’s stock valued at $352,000 after purchasing an additional 368 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its position in shares of Motorola Solutions by 392.2% during the third quarter. JFS Wealth Advisors LLC now owns 251 shares of the communications equipment provider’s stock valued at $58,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 85.65% of the company’s stock.
NYSE MSI traded up $1.10 during trading on Wednesday, hitting $203.95. The stock had a trading volume of 16,216 shares, compared to its average volume of 924,974. The stock has a market capitalization of $34.15 billion, a price-to-earnings ratio of 28.33, a P/E/G ratio of 2.53 and a beta of 0.91. Motorola Solutions, Inc. has a one year low of $193.93 and a one year high of $273.65. The stock has a 50 day simple moving average of $227.00 and a 200 day simple moving average of $239.45.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Tuesday, March 15th were paid a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 1.55%. The ex-dividend date was Monday, March 14th. Motorola Solutions’s payout ratio is currently 44.13%.
In other news, CEO Gregory Q. Brown sold 100,000 shares of Motorola Solutions stock in a transaction that occurred on Monday, March 7th. The shares were sold at an average price of $218.02, for a total transaction of $21,802,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gregory Q. Brown sold 81,731 shares of Motorola Solutions stock in a transaction that occurred on Thursday, March 3rd. The shares were sold at an average price of $221.92, for a total transaction of $18,137,743.52. The disclosure for this sale can be found here. 1.85% of the stock is owned by company insiders.
A number of research analysts have recently weighed in on the company. StockNews.com upgraded Motorola Solutions from a “hold” rating to a “buy” rating in a research report on Thursday, May 5th. Morgan Stanley cut their price objective on Motorola Solutions from $265.00 to $250.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 25th. Barclays raised their price objective on Motorola Solutions from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Thursday, February 10th. Loop Capital started coverage on Motorola Solutions in a research report on Monday, April 25th. They issued a “buy” rating and a $295.00 price target for the company. Finally, Citigroup lifted their price target on Motorola Solutions from $260.00 to $275.00 in a research report on Thursday, February 10th. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $275.55.
About Motorola Solutions (Get Rating)
Motorola Solutions, Inc provides mission critical communications and analytics in the United States, the United Kingdom, Canada, and internationally. The company operates in two segments, Products and Systems Integration, and Software and Services. The Products and Systems Integration segment offers a portfolio of infrastructure, devices, accessories, and video security devices and infrastructure, as well as the implementation, and integration of systems, devices, software, and applications for government, public safety, and commercial customers who operate private communications networks and video security solutions, as well as manage a mobile workforce.
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Want to see what other hedge funds are holding MSI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Motorola Solutions, Inc. (NYSE:MSI – Get Rating).
Receive News & Ratings for Motorola Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Motorola Solutions and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.wkrb13.com/2022/05/11/amj-financial-wealth-management-makes-new-investment-in-motorola-solutions-inc-nysemsi.html | 2022-05-11T18:52:38Z | https://www.wkrb13.com/2022/05/11/amj-financial-wealth-management-makes-new-investment-in-motorola-solutions-inc-nysemsi.html | false | 4 |
Whoever wants to execute Yahya Sinwar, the leader of Hamas in Gaza is calling for more of the same or probably even worse. Killing Sinwar may feel like the right thing to do for numerous Israelis who see him responsible for the killing of so many Israelis, but if there is one thing we should know for sure without a shadow of doubt, it is that his execution will lead to the killing of more Israelis. When more Israelis are killed, we can be 100% sure that more Palestinians will be killed. We have been there and have done that so many times before.
The pubic actually knows very little about Yahya Sinwar, or Abu Ibrahim as he is known in Palestine. Sinwar was born in Khan Yunis, in 1964. His family originates from what is now Ashkelon. He studied in a UN school for refugees and went on to complete a BA in Arabic studies at the Islamic University of Gaza. He was arrested in 1988 for killing four suspected Palestinian collaborators with Israel and sentenced to four life sentences. He was in prison for 22 years before being released in the Gilad Schalit deal.
In 2006, Sinwar played a key role in the drafting and supporting the National Conciliation Document of the Prisoners by Palestinian political prisoners in Israeli jails (representing Fatah, Hamas, Islamic Jihad, PFLP, and the DFLP). Marwan Barghouti, the Fatah leader in prison initiated the Prisoners Document.
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Furthermore, at that time Hamas agreed to limit the resistance to the areas beyond the Green Line and not in Israel proper: “The right of the Palestinian people in resistance and clinging to the option of resistance with the various means and focusing the resistance in the occupied territories of 1967 alongside with the political action and negotiations and diplomatic action and continuation of popular and mass resistance against the occupation in its various forms and policies and making sure there is broad participation by all sectors and masses in the popular resistance.”
During the negotiations on the Schalit deal, Sinwar’s name was not objected to by the Israeli security authorities, who were responsible for approving every name on the list. Sinwar did not have Jewish blood on his hands because he killed Palestinians. Furthermore, Israel understood that Sinwar’s support for the deal was important for it to be approved by Hamas, because Sinwar was seen as one of the most important Hamas leaders in prison. Sinwar had to ensure the support of all of the Hamas prisoners, including those who were not on the list.
There have been many arguments within the Israeli security establishment over the years if Sinwar is pragmatic or ideological and extreme. Most of the time, the majority of experts concluded that he is pragmatic. That is what the Egyptian Intelligence interlocutors and the Qataris have told Israel, as well. Sinwar has led the resistance within Hamas to realign with Iran, instead of seeking the support of the more moderate Sunni Arab states.
When ceasefire agreements were made through Egyptian mediation, Sinwar generally demonstrated a willingness and ability to abide by the agreements. The Egyptian intelligence officers who meet with Sinwar on a regular basis have found him to be pragmatic regarding adhering to ceasefire agreements, in rebuilding Gaza and ensuring that Hamas does not conduct any activities in Sinai, under Egyptian sovereignty.
Sinwar has grown into and beyond the role of Hamas leader of Gaza. Today, Sinwar seems to view himself as a Palestinian national leader and his concerns go beyond easing the siege on Gaza. Sinwar has come to understand that the focal point of unifying Palestinian public opinion is Al Aqsa.
He knows that by focusing on the eroding status quo at Al Aqsa, which has allowed increasing numbers of religious right-wing Jews to enter the Al Aqsa compound, he has been able to exploit the rallying call of all Palestinians and Muslims under the slogan used first by the historic Mufti Hajj Amin al Hussein “Al Aqsa is in danger.”
Sinwar does not see his role in only easing the siege of Gaza and improving economic realities there. Sinwar concerns himself with all of east Jerusalem, the West Bank and even the Palestinian citizens of Israel.
For the past seven years, he has been almost completely uncompromising in the negotiations for the return of the bodies of Hadar Goldin, Oron Shaul and the two Israeli citizens presumed to be alive – Avera Mengistu and Hisham Al-Sayed. Israel has tried to expand the pie of issues in the prisoners’ negotiations, including easing the siege, electricity, water, the movement of Gazans outside of Gaza and more.
Sinwar refuses to combine the issue of prisoner releases with any other issues. This makes those negotiations virtually impossible, because of his demand to religious Palestinian prisoners who have killed Israelis and Israel refusal to do that.
I have long advocated a policy of trying to speak directly with Sinwar, not via Egypt or Qatar. One of the main reasons why any discussion regarding the prisoners or the future of Gaza or the entire Palestinian issue is because of the deep mistrust between the sides. That mistrust is not incorrect – there are many reasons why both sides should not trust the other.
Creating even the beginning of trust between the sides is essential and the most pragmatic thing to do. In May 2017, Hamas modified its charter ,which was deeply antisemitic and explicit in the goals of the movement to destroy all of Israel.
The revised charter clearly detached Hamas from the Muslim Brotherhood – a demand of Egypt, and also stated that they would accept a Palestinian state within the June 4, 1967 borders. They did say that they would not recognize Israel even with a state in the West Bank and Gaza, but the revised charter was a large step in the right direction. It is believed that Sinwar was a key figure in the drafting and pushing for the acceptance of the charter within the ranks of Hamas.
Sinwar is not a sole player in the Hamas decision making processes. He is powerful, but he also has powerful and more extreme people in the decision-making circle. I believe that there is a possibility of engaging Sinwar directly. This would not be done through public diplomacy, although some positive statements by some Israelis in the political and security arenas would be helpful.
From the point of view of Israel’s interests, both in the short-term and mid-term, engaging Sinwar is a much wiser political strategic option than killing him. More targeted killings, another war with the Palestinians, closures and sieges will not change the basic harmful parameters of this conflict. Reaching out, talking, trust building and negotiating is probably the only way out of this conflict. Israel will never be able to get rid of Hamas through force. In fact, the harder Israel hits Hamas, the stronger it becomes. Isn’t it time to try something new?
The writer is a political and social entrepreneur, who has dedicated his life to Israel, and to peace between Israel and her neighbors. He is now directing The Holy Land Bond. | https://www.jpost.com/opinion/article-706442 | 2022-05-11T18:54:38Z | https://www.jpost.com/opinion/article-706442 | false | 1 |
Frank Wilczek, the Nobel Prize-winning theoretical physicist and author renowned for his boundary-pushing investigations into the fundamental laws of nature, was honored Wednesday with this year’s prestigious Templeton Prize, awarded to individuals whose life’s work embodies a fusion of science and spirituality.
In a statement, the John Templeton Foundation praised the 70-year-old Wilczek for transforming “our understanding of the forces that govern our universe,” while also applying “the insights of his field to the great questions of meaning and purpose pondered by generations of religious thinkers.”
Established in 1972 by the late philanthropist Sir John Templeton, the prize is one of the world’s most lucrative individual awards, currently more than $1.3 million. Past winners include Jane Goodall, Mother Teresa, the Dalai Lama and Archbishop Desmond Tutu.
“It’s a company I’m very glad to join,” Wilczek told The Associated Press in an interview ahead of the announcement.
“It’s encouragement in a direction that I’ve really only taken up in a big way quite recently, although I’ve been building up to it for many years,” he said, “which is thinking about not just what the world is and how it came to be this way but what we should do about it.”
Over a long career, Wilczek has recorded many distinguished achievements. That includes the 2004 Nobel Prize in Physics, along with David J. Gross, and H. David Politzer, for their 1973 breakthrough explaining the unusual properties of the strong force, which binds fundamental particles known as quarks into protons and neutrons.
Wilczek has continued “to pioneer new concepts in physics, naming and developing the theories of anyons, time crystals, and axions, each of which now defines major fields of inquiry,” the Templeton statement said.
He has also authored several books that are informed by science but delve into the spiritual and philosophical. They include “ A Beautiful Question,” in which he asks, “Does the universe embody beautiful ideas?”; “ The Lightness of Being,” an examination of what humans are made of; and “ Fundamentals,” an exploration of radical life extension, the longing for immortality, the limits of science and other topics.
“In studying how the world works, we are studying how God works, and thereby learning what God is,” he writes in “Fundamentals,” released this year. “In that spirit, we can interpret the search for knowledge as a form of worship, and our discoveries as revelations.”
Wilczek “is one of those rare and wonderful individuals who bring together a keen, creative intellect and an appreciation for transcendent beauty,” Templeton Foundation president Heather Dill said in the group’s statement.
“Like Isaac Newton and Albert Einstein,” she added, “he is a natural philosopher who unites a curiosity about the behavior of nature with a playful and profound philosophical mind.”
Born in 1951 in New York, Wilczek earned a bachelor’s degree in mathematics from the University of Chicago and an an M.A. in math and a Ph.D in physics from Princeton.
Growing up Catholic, he embraced the idea that there was a grand plan behind existence. But as he learned more about science, he eventually lost faith in conventional religion and, in his words, “jettisoned detailed dogmas.”
Still, he took from Catholicism lasting ideas that he has treasured throughout his life, including, he told AP, “that there’s a hidden meaning to things that we can try to figure out. And that you can think big in terms of what it all means and how it came to be.”
Wilczek currently is a physics professor at the Massachusetts Institute of Technology, Arizona State University and Stockholm University. He is also founding director of Shanghai Jiao Tong University’s T.D. Lee Institute and chief scientist at the school’s Wilczek Quantum Center.
In a video statement, he lauded the Templeton Prize for bringing attention to possible new approaches to problems traditionally accessed through religion.
“The central miracle of physics to me is the fact that by playing with equations, drawing diagrams, doing calculations and working within the world of mental concepts and manipulations, you are actually describing the real world,” Wilczek said. “If you were looking for trying to understand what God is by understanding God’s work, that’s it.”
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://www.yourerie.com/news/national-news/nobel-laureate-and-physicist-wilczek-wins-templeton-prize/ | 2022-05-11T18:55:07Z | https://www.yourerie.com/news/national-news/nobel-laureate-and-physicist-wilczek-wins-templeton-prize/ | true | 35 |
This Is Explode (The Album).\n[1-inch videoplay button; sticks.] Expect this explosion on 2×190 gm gatefl… BOSTON, May 11, 2022 /PRNewswire/ -- Grace Lee has been named Eastern Massachusetts Regional President and Group Lead of New England Government Banking at M&T Bank. In her new role, she will ensure collaboration across all lines of business, and direct community banking activities that advance the bank's localized focus to provide more value for customers, businesses and communities across the region. Previously, Lee led government banking for People's United in Massachusetts since 2014.
Under its local engagement model, M&T separates the geographic areas it serves into community regions led by regional presidents. Because they know their communities best, these regionally based teams work to create differentiated strategies to serve their markets, combining the capabilities of a large institution with the care and empathy of a neighborhood bank. They also make decisions locally about community activities, grants and lending.
"Grace brings years of experience and excellence in banking and treasury management in both the public and private sector and direct ties to the communities she serves," said Mike Keegan, M&T Bank senior executive vice president and head of community banking. "Grace will be an integral part of our regional team in Eastern Massachusetts, continuing her long-standing commitment to the region and dedication to reaching underserved communities."
Prior to joining People's United, Lee was special counsel and vice chair of the Public Finance Group for law firm Eckert Seamans Cherin & Mellott LLC. Previously, she served as general counsel and first deputy treasurer of the State of Massachusetts Office of the State Treasurer and Receiver General, where she oversaw the operations of the Treasury and its various divisions. Lee's public sector experience includes her work as a civil rights attorney for the United States Department of Education, Office for Civil Rights, and as chief of the civil rights division for the Norfolk County District Attorney's Office.
Committed to the community, Lee also currently serves as a board member of the Roxbury Community College Foundation, Asian Task Force Against Domestic Violence, New England Council, New England Legal Foundation, and Women in Public Finance. She is also an executive member of the Massachusetts Business Roundtable.
Lee received a Bachelor of Arts from California State University of Northridge, CA, and a Juris Doctor from New England Law in Boston, MA.
About M&T
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
For more information on M&T Bank, visit www.mtb.com. People's United customers can visit www.mtb.com/peoples for more information on the conversion to M&T Bank.
Media Contact:
David Samberg,
(201) 368-4515,
dsamberg@mtb.com
© 2022 M&T Bank. Member FDIC.
View original content to download multimedia:
SOURCE M&T Bank | https://www.live5news.com/prnewswire/2022/05/11/mampt-bank-names-grace-lee-eastern-massachusetts-regional-president-group-lead-new-england-government-banking/ | 2022-05-11T19:00:53Z | https://www.live5news.com/prnewswire/2022/05/11/mampt-bank-names-grace-lee-eastern-massachusetts-regional-president-group-lead-new-england-government-banking/ | false | 10 |
Krane Funds Advisors LLC reduced its stake in AvalonBay Communities, Inc. (NYSE:AVB – Get Rating) by 16.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,514 shares of the real estate investment trust’s stock after selling 305 shares during the quarter. Krane Funds Advisors LLC’s holdings in AvalonBay Communities were worth $382,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in AVB. American Century Companies Inc. grew its position in AvalonBay Communities by 285.1% in the 3rd quarter. American Century Companies Inc. now owns 258,645 shares of the real estate investment trust’s stock valued at $57,326,000 after buying an additional 191,475 shares during the last quarter. Nan Shan Life Insurance Co. Ltd. acquired a new position in shares of AvalonBay Communities during the third quarter worth about $38,920,000. First Republic Investment Management Inc. raised its holdings in AvalonBay Communities by 148.5% during the third quarter. First Republic Investment Management Inc. now owns 204,902 shares of the real estate investment trust’s stock worth $45,415,000 after purchasing an additional 122,432 shares in the last quarter. National Bank of Canada FI acquired a new stake in AvalonBay Communities in the fourth quarter valued at about $30,686,000. Finally, Hilton Capital Management LLC purchased a new stake in AvalonBay Communities in the 3rd quarter valued at approximately $21,356,000. 90.98% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have recently commented on AVB. Mizuho reduced their price target on AvalonBay Communities from $276.00 to $260.00 and set a “buy” rating for the company in a report on Wednesday, February 16th. Deutsche Bank Aktiengesellschaft reduced their target price on AvalonBay Communities from $285.00 to $272.00 and set a “buy” rating for the company in a report on Thursday, March 24th. Royal Bank of Canada upped their price target on shares of AvalonBay Communities from $251.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Monday, February 7th. Morgan Stanley raised their price objective on shares of AvalonBay Communities from $265.00 to $271.00 and gave the company an “overweight” rating in a research note on Friday, April 8th. Finally, StockNews.com initiated coverage on shares of AvalonBay Communities in a research report on Thursday, March 31st. They set a “hold” rating on the stock. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $262.47.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 15th. Stockholders of record on Thursday, March 31st were given a $1.59 dividend. The ex-dividend date was Wednesday, March 30th. This represents a $6.36 annualized dividend and a dividend yield of 3.09%. AvalonBay Communities’s dividend payout ratio is currently 79.10%.
AvalonBay Communities Profile (Get Rating)
As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").
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Want to see what other hedge funds are holding AVB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AvalonBay Communities, Inc. (NYSE:AVB – Get Rating).
Receive News & Ratings for AvalonBay Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AvalonBay Communities and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.wkrb13.com/2022/05/11/krane-funds-advisors-llc-trims-stock-position-in-avalonbay-communities-inc-nyseavb.html | 2022-05-11T19:02:47Z | https://www.wkrb13.com/2022/05/11/krane-funds-advisors-llc-trims-stock-position-in-avalonbay-communities-inc-nyseavb.html | false | 1 |
Collateral Pay (COLL) traded down 11.9% against the dollar during the 1-day period ending at 14:00 PM E.T. on May 11th. During the last seven days, Collateral Pay has traded down 35% against the dollar. Collateral Pay has a market cap of $139,738.95 and approximately $567.00 worth of Collateral Pay was traded on exchanges in the last day. One Collateral Pay coin can currently be bought for about $0.0226 or 0.00000076 BTC on popular exchanges.
Here is how other cryptocurrencies have performed during the last day:
- JUMPN (JST) traded 25.9% lower against the dollar and now trades at $64.64 or 0.00181864 BTC.
- Tether (USDT) traded down 0.2% against the dollar and now trades at $1.00 or 0.00003343 BTC.
- XRP (XRP) traded down 18% against the dollar and now trades at $0.43 or 0.00001433 BTC.
- Wrapped Cardano (WADA) traded down 15.9% against the dollar and now trades at $0.56 or 0.00001879 BTC.
- Enegra (EGX) (EGX) traded 0.6% higher against the dollar and now trades at $164.27 or 0.00550238 BTC.
- PLC Ultima (PLCU) traded down 8.1% against the dollar and now trades at $59,521.59 or 1.99377679 BTC.
- Lido stETH (STETH) traded 0.6% lower against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
- Polkadot (DOT) traded 22.9% lower against the dollar and now trades at $9.09 or 0.00030450 BTC.
- Wrapped TRON (WTRX) traded down 8.6% against the dollar and now trades at $0.0745 or 0.00000250 BTC.
- Lido Staked ETH (stETH) traded down 8.1% against the dollar and now trades at $2,162.33 or 0.07243099 BTC.
Collateral Pay Coin Profile
Buying and Selling Collateral Pay
It is usually not currently possible to purchase alternative cryptocurrencies such as Collateral Pay directly using U.S. dollars. Investors seeking to trade Collateral Pay should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Collateral Pay using one of the aforementioned exchanges.
Receive News & Updates for Collateral Pay Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Collateral Pay and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.themarketsdaily.com/2022/05/11/collateral-pay-coll-price-reaches-0-0226.html | 2022-05-11T19:03:42Z | https://www.themarketsdaily.com/2022/05/11/collateral-pay-coll-price-reaches-0-0226.html | false | 83781 |
A New Jersey court has granted parole to the oldest former member of the Black Panthers after nearly five decades in prison.
Sundiata Acoli, 85, was sentenced to life in prison in 1974 for the murder of a police officer the year before.
Founded in 1966, the Black Panthers were a revolutionary black nationalist and socialist group that advocated armed self-defense especially against the police.
The shooting that led to Acoli’s arrest followed a routine traffic stop on a highway in the US state of New Jersey. The ensuing firefight left one soldier, Werner Foerster, dead and another wounded.
At the time, Acoli was traveling with Assata and Malik Shakur, two members of the Black Liberation Army, the Black Panthers’ armed wing. He was arrested after a police chase alongside Assata Shakur.
Acoli has long claimed he lost consciousness after being hit in the crossfire and woke up with Foerster’s dead body at his side.
After being repeatedly denied parole since gaining the right to the benefit 29 years ago, the New Jersey Supreme Court has now voted three to two to overturn a parole board decision.
In a written opinion on Acoli’s case, court judges said his behavior in prison was “exemplary” and that he completed 120 programs behind bars.
In 2010, a state-appointed psychologist determined that Acoli “appeared regretful” and had expressed “deep regret” for his role in Foerster’s death.
The psychologist’s comments were echoed by Acoli at a parole hearing six years later.
“I deeply regret the actions that took place,” he said. “These were turbulent and fearful times.”
But the parole board has repeatedly denied his attempts to get the benefit, arguing that he could still pose a threat to the public.
But, according to New Jersey Supreme Court Justice Barry T Albin, the council’s views “were not supported by substantial credible evidence.”
Among those who have spoken out against Acoli’s release is New Jersey Governor Phil Murphy, who said in a statement that anyone who kills a police officer must “remain behind bars for the rest of his life”.
At least 12 elderly members of the Black Panthers are still imprisoned in the United States.
The member he was arrested with, Assata Shakur – formerly known as JoAnne Chesimard – has been on the run since a 1977 prison break.
She is believed to be in Cuba and remains on the FBI’s Most Wanted List.
She is still considered a hero to many leftist activists in the US to this day. | https://playcrazygame.com/2022/05/11/black-panther-member-gets-parole-after-50-years/ | 2022-05-11T19:03:27Z | https://playcrazygame.com/2022/05/11/black-panther-member-gets-parole-after-50-years/ | true | 4 |
Birthdays and Anniversaries: May 11, 2022
Published: May. 11, 2022 at 7:09 AM CDT|Updated: 7 hours ago
QUINCY, Ill. (WGEM) - Send your birthday and anniversary wishes, along with how to pronounce names to birthdays@wgem.com.
Daniel Winn
Alice Dempsey
Olivia Dietrich
Lori Clarkson
Randell Hettinger
Don Emery
Leia Baker
Rick Kempe
Taylor Delcour
Dominick Jarvis
Ian Hilgenbrinck
Aubrey Bunge
Karri Meyer
Harlen Derhake
Mike Blackorby
Mary Phillips
Valerie Caldwell
Logan Blackwell Tripp
Linda Nash
Carla Bowen
Jeff Connor
Jon Hudson
Tom Durso
Melissa Doellman
ANNIVERSARIES
Richard & Eula Hoffman
Copyright 2022 WGEM. All rights reserved. | https://www.wgem.com/2022/05/11/birthdays-anniversaries-may-11-2022/ | 2022-05-11T19:09:58Z | https://www.wgem.com/2022/05/11/birthdays-anniversaries-may-11-2022/ | true | null |
In today’s recent session, 3.21 million shares of the GlaxoSmithKline plc (NYSE:GSK) have been traded, and its beta is 0.64. Most recently the company’s share price was $43.31, and it changed around -$0.11 or -0.25% from the last close, which brings the market valuation of the company to $112.52B. GSK at last check was trading at a discount to its 52-week high of $46.97, offering almost -8.45% off that amount. The share price’s 52-week low was $37.80, which indicates that the recent value has risen by an impressive 12.72% since then. We note from GlaxoSmithKline plc’s average daily trading volume that its 10-day average is 5.24 million shares, with the 3-month average coming to 5.05 million.
GlaxoSmithKline plc stock received a consensus recommendation rating of an Overweight, based on a mean score of 2.20. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 14 recommended GSK as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. GlaxoSmithKline plc is expected to report earnings per share of $0.63 for the current quarter.
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GlaxoSmithKline plc (NYSE:GSK) trade information
Instantly GSK has been showing red trend so far today with a performance of -0.25% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 44.78 on Tuesday, 05/10/22 increased the stock’s daily price by 3.28%. The company’s shares are currently down -1.54% year-to-date, but still down -3.77% over the last five days. On the other hand, GlaxoSmithKline plc (NYSE:GSK) is -6.90% down in the 30-day period. We can see from the shorts that 10.41 million shares have been sold at a short interest cover period of 2.63 day(s).
The consensus price target as assigned by Wall Street analysts is $45.74, which translates to bulls needing to increase their stock price by 5.31% from its current value. Analyst projections state that GSK is forecast to be at a low of $35.01 and a high of $55.35. In order for the stock price to hit the forecast high, the stock would need to plunge -27.8% from its current level, while the stock would need to crash 19.16% from its current level to reach the projected low.
GlaxoSmithKline plc (GSK) estimates and forecasts
GlaxoSmithKline plc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 1.52 percent over the past six months and at a 2.57% annual growth rate that is well below the industry average of 6.30%. The year-over-year growth rate is expected to be 3.70%, up from the previous year.
Consensus estimates provided by 3 financial analysts predict the company will bring in an average of $12.65 billion in revenue for the current quarter. 2 analysts expect GlaxoSmithKline plc to make $11.1 billion in revenue for the quarter ending Mar 2022. The company’s sales for the same quarters a year ago were $11.55 billion and $10.23 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 9.60%. Forecasts for the next quarter put sales growth at 8.50%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.00%. GlaxoSmithKline plc earnings are expected to increase by -24.10% in 2022, but the outlook is positive 8.20% per year for the next five years.
GSK Dividends
GlaxoSmithKline plc’s next quarterly earnings report is expected to be released around February 01 and February 06. The annual dividend yield of the stock is 4.58 percent and its annual dividend per share was 1.99. It is important to note, however, that the 4.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.23 per year.
GlaxoSmithKline plc (NYSE:GSK)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.01% of GlaxoSmithKline plc shares, and 13.20% of them are in the hands of institutional investors. The stock currently has a share float of 13.20%. GlaxoSmithKline plc stock is held by 890 institutions, with Dodge & Cox Inc being the largest institutional investor. By Sep 29, 2021, it held 3.50% of the shares, which is about 88.02 million shares worth $3.36 billion.
Capital International Investors, with 0.90% or 22.66 million shares worth $865.85 million as of Sep 29, 2021, holds the second largest percentage of outstanding shares.
Dodge & Cox Stock Fund and American Mutual Fund Inc were the top two Mutual Funds as of Sep 29, 2021. The former held 58.81 million shares worth $2.25 billion, making up 2.34% of all outstanding shares. On the other hand, American Mutual Fund Inc held roughly 14.11 million shares worth around $597.25 million, which represents about 0.56% of the total shares outstanding. | https://marketingsentinel.com/2022/05/11/glaxosmithkline-plc-nyse-gsk-shares-might-go-up-13-69-this-year/ | 2022-05-11T19:13:00Z | https://marketingsentinel.com/2022/05/11/glaxosmithkline-plc-nyse-gsk-shares-might-go-up-13-69-this-year/ | false | 706 |
Marsh's all-round heroics power DC to eight-wicket win over RR
There was more to come from the willow of Marsh as he smashed Kuldeep Sen for two sixes and a similar treatment was given to Ashwin as the ball, despite Jos Buttlers effort in the deep, sailed over long-on for a maximum, bringing up the Australian all-rounders fifty.By the time the 143-run stand was broken by Yuzvendra Chahal with the wicket of Marsh, the match was almost in DCs bag.Earlier, striking at better than most of the top batters, premier off-spinner Ashwin recorded his first half-century in T20 cricket.
Riding on Mitchell Marsh's all-round heroics, Delhi Capitals got their act together in the nick of time to upstage Rajasthan Royals by eight wickets and keep their IPL playoffs hopes alive here on Wednesday.
After their bowlers restricted RR to 160 for six, Marsh's 62-ball 89 and David Warner's unbeaten 52 off 41 balls helped the Capitals complete the task with 11 balls to spare for their sixth win of the season that saw the team suffer setbacks both on and off the field, including multiple COVID-19 cases in its camp. With the ball, Marsh had picked up the two important wickets of Yashasvi Jaiswal (19) and Ravichandran Ashwin (50). Then, he smashed seven sixes and five fours to emerge as the night's hero.
DC lost Srikar Bharat in only the second ball of their innings to Trent Boult, who conceded just one run in the first over. That was followed by a maiden over by Prasidh Krishna and then the Kiwi speedster bowled another economical over as DC struggled to force the pace early on, reaching five for one in three overs. The introduction of Ashwin saw Marsh launching the off-spinner over long-off for a six. Marsh did the same to Prasidh, hitting him for a maximum over fine-leg to give the much-needed impetus to the DC innings. There was more to come from the willow of Marsh as he smashed Kuldeep Sen for two sixes and a similar treatment was given to Ashwin as the ball, despite Jos Buttler's effort in the deep, sailed over long-on for a maximum, bringing up the Australian all-rounder's fifty.
By the time the 143-run stand was broken by Yuzvendra Chahal with the wicket of Marsh, the match was almost in DC's bag.
Earlier, striking at better than most of the top batters, premier off-spinner Ashwin recorded his first half-century in T20 cricket. Ashwin made a 38-ball 50, while Devdutt Padikkal struck 48 in 30 deliveries after RR were asked to bat first. The Capitals were off to fine start as left-arm pacer Chetan Sakariya (2/23), playing the must-win game in place of Khaleel Ahmed, dismissed RR's top batter Jos Buttler (7) cheaply in the third over. Looking to play it over the infield, Buttler hit a fairly full-length delivery straight to Shardul Thakur.
With Buttler gone early, DC were on top and looked to assert their dominance at the DY Patel Sports Complex. They gave very little away and kept RR to 43 for one in the six power play overs. This was after DC skipper Rishabh Pant decided against a review despite a strong appeal by Sakariya for a caught behind in the first over. Replays confirmed that Pant was right in not opting for a review. Coming off his blazing half-century in the previous game, Yashasvi Jaiswal produced a lovely on-drive off Anrich Nortje (2/39) and then smashed the South African pacer for a six over third man. Jaiswal (19) impressed again, but not for long as Mitchell Marsh (2/25) cramped him up for room with a bouncer, paving the way for the left-handed Devdutt Padikkal to join Ashwin in the middle. Looking confident after having hitting a few boundaries, including two maximums and a ramp shot over keeper Pant, Ashwin went along nicely and brought up his half-century in 38 balls.
However, the premier off-spinner got out soon after reaching the landmark with Marsh coming back into the attack to give DC the breakthrough. Meanwhile, Padikkal smashed Axar Patel for two sixes -- one over deep backyard point and another over long-on -- as RR looked to force the pace. Padikkal then scored two successive fours off Marsh, even as Nortje had RR skipper Sanju Samson (6) caught by Shardul Thakur at mid-wicket. As the DC players rejoiced, Kuldeep Yadav was seen walking off the ground holding his left shoulder, having hurt himself while going for a catch in the previous over.
Riyan Parag hit Nortje for a massive six before Sakariya cut short his brief stay in the middle, and Padikkal too followed suit, thanks to brilliant catch running by substitute fielder Kamlesh Nagarkoti.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Delhi Capitals beat Kolkata Knight Riders by four wickets in Indian Premier League.
Focused action plan needs to be developed for indigenisation of all critical components: Air Chief Marshal VR Chaudhari.
IIT Delhi turns blue for Delhi Capitals | https://www.devdiscourse.com/article/sports-games/2034082-marshs-all-round-heroics-power-dc-to-eight-wicket-win-over-rr | 2022-05-11T19:15:21Z | https://www.devdiscourse.com/article/sports-games/2034082-marshs-all-round-heroics-power-dc-to-eight-wicket-win-over-rr | false | 10 |
Amazon's Rings Of Power Will Dive Into This Massive, Never-Before-Seen Region Of Middle-Earth
Middle-earth is a massive place. It contains larger-than-life characters, insanely epic stories, and vast landscapes ... lots of landscapes. It doesn't matter if you're talking about the lofty peaks of the Misty Mountains, the sprawling eastern lands of Rhûn, the endlessly winding Great River, Anduin, the rolling plains of Rohan, the charred remains of Mordor ... Everywhere you go in Middle-earth, there are jaw-dropping visuals to be had.
Many of these fantastical geographic locations have already been translated from book to screen. Ralph Bakshi's 1978 animated classic "The Lord of the Rings" started the trend, but it was Peter Jackson's "The Lord of the Rings" films that took things to the next level. Jackson's trilogy features countless sweeping panoramas — all filmed in his native New Zealand — that have literally taken fans' breath away for over two decades.
And yet for all the Middle-earth images Jackson has left on our collective conscious, it appears that Amazon's new "The Lord of the Rings: The Rings of Power" is going to bring its own fresh, inspired perspective to the cinematic Middle-earth landscape — and that isn't just our opinion. In an interview with Empire, concept artist John Howe stated, "This isn't the Middle-earth you remember."
Howe, who has worked on multiple Tolkien projects in the past, including serving as a conceptual designer for Peter Jackson's "Lord of the Rings" and "Hobbit" trilogies, explained that the "Rings of Power" world is "very vibrant. The elves are not hidden away in Mirkwood or lingering in Rivendell. They're busy constructing kingdoms. The dwarven kingdom of Moria is not an abandoned mine and the Grey Havens is not yet an abandoned city. I loved having the opportunity to explore that unseen history." Howe also teased a new geographic region of Middle-earth.
The Rings of Power will take to the seas
It's true that we're going to see a more vibrant Middle-earth. In the aforementioned interview, Empire pointed out that most of the areas of Middle-earth that we've seen so far have generally been mountainous, marshy, or muddy. That's because, by the time of "The Lord of the Rings," many of the most epic periods of Middle-earth history are in the past. The Dead Marshes inhabit an area that was much less creepy ... until the deadly Battle of Dagorlad destroyed it. Weathertop has the ruinous remains of a glorious tower. Even Gondor is a shadow of its former glory. All of these things are ascending rather than descending during the Second Age, when "Rings of Power" is set.
But there's more than just historical vibrancy to be had in the new series. John Howe also hints that we're finally going to get to see an area of Middle-earth that is clearly near and dear to the heart of the Elves, many Men, and even Tolkien himself: the sea.
"We're finally sailing on the oceans of Middle-earth," Howe states, confirming the long-suspected fact that "Rings of Power" will boldly go where no Middle-earth adaptation has gone before. In spite of the key role that massive bodies of water fill in Tolkien's legendarium, it's wild to note that the ocean really hasn't played any part of significance in adaptations up to this point. We catch a glimpse of the distant briny deep when Aragorn, Legolas, and Gimli confront the black ships in a scene in the extended edition of "Return of the King." We also see Frodo's ship sailing into the sea at the end of the same movie. And that's about it. But it looks like the tides are about to change.
Who could we see at sea in Rings of Power?
The fact that we'll finally see the ocean regions of Middle-earth isn't just something that's overdue. It's also loaded with potential.
For instance, the most obvious candidates for this sea-faring element of the show are the Men of Númenor. These guys literally live on an island out in the midst of Middle-earth's Belegaer (the "Great Sea" away to the left on most Middle-earth maps). They have a hefty role to play in the Second Age and are consistently making trips to and from the mainland.
But John Howe actually doesn't even mention these oceanic front-runners. He goes deeper, referencing the people who are, historically, most associated with the sea: the Elves. "They're daunting and enterprising and are almost colonising the world. They were a lot of fun to imagine. It's something neither 'Lord [o]f [t]he Rings' nor 'Hobbit' movies went anywhere near."
The idea of colonizing Elves fits well with their ambitious Second Age activities. After the destructive ending of the First Age, the Elves who remain in Middle-earth build up new kingdoms on the restructured mainland. Some of these are more inland, like the region of Eregion, where the Rings of Power are eventually forged. But others border the water, including the kingdom of Lindon, which has repeatedly been talked about as a central point in the show.
Whether it's Men or Elves, it's going to be fun to see that classic Tolkien aesthetic (which it appears the show is going to great lengths to match) at sea. It promises to provide a new, unique visual perspective of a fantasy world that just keeps on giving. | https://www.looper.com/860049/amazons-rings-of-power-will-dive-into-this-massive-never-before-seen-region-of-middle-earth/ | 2022-05-11T19:16:06Z | https://www.looper.com/860049/amazons-rings-of-power-will-dive-into-this-massive-never-before-seen-region-of-middle-earth/ | false | 1 |
Pep Guardiola says there has been no talk of new Manchester City signing Erling Haaland in the build-up to the Premier League game against Wolves on Wednesday.
City confirmed their agreement with Borussia Dortmund to sign Haaland on Tuesday, shortly after Guardiola had refused to comment on the imminent transfer - by saying he had been told by both clubs not to talk about it until all the legalities were completed.
Now, in his first interview since Haaland's signing was confirmed, Guardiola remained coy over Haaland's arrival, preferring to speak instead of the Wolves game.
ALSO READ:Wolves vs Man City goal and score updates
"We didn't speak about that," he said when asked if the Haaland announcement has given the squad a lift.
"I didn't speak with them about it."
"We know what we have to do. We have to make points to retain the title."
As well as Guardiola, captain Fernandinho was asked about Haaland's arrival, with the outgoing midfielder saying it's a marker of City's success in recent years.
"It is important. We showed the last five or six years how good we are as a team and we are able to win a couple of Premier League titles," he told Sky.
"I am very proud of our players. When he comes over I guess he will give a lot to this team."
Fernandinho will play in defence against Wolves due to a number of defensive injuries, and Guardiola backed his captain to drop in well.
"Of course it is not his position," he said. "He played many times there and with the situation we have - unfortunately sometimes that happens. He will do his best."
Sign up to our City newsletter so you never miss an update from the Etihad Stadium this season. | https://www.manchestereveningnews.co.uk/sport/football/football-news/man-city-haaland-transfer-guardiola-23933106 | 2022-05-11T19:18:08Z | https://www.manchestereveningnews.co.uk/sport/football/football-news/man-city-haaland-transfer-guardiola-23933106 | true | 1 |
Google is, for the first time in many years, launching a new Android tablet. It confirmed this at its Google IO 2022 conference, after showing off the Pixel 6a, Pixel 7, Pixel Watch and Android 13.
There's a catch here though: this isn't coming soon. Google confirmed that it'll be arriving at some point in 2023, though we hope to see more of it before then.
Not much about the tablet was shown off, other than the image you can see above (as well as a few other glimpses of it). To our fresh eyes, it looks a lot like a Google Home Hub that someone took off its stand, though with slightly different-looking software.
The bezels around the screen are quite big, leading some in the TechRadar team (including this author) to think this could be a mid-range tablet, instead of a premium one.
We did hear that it'll use Google's own Tensor chipset too, though if it's coming in 2023, it might actually be the second- or even third-gen version of that processor.
At Google IO, the company also showed its tablet-oriented spin on Android 13, so we can expect that software to show up on this tablet too - this makes it a great time for Google to release its new slate.
Google described it as an exciting time for tablets, hence the big software update and now its own hardware, and we hope to hear more about the Google Pixel Tablet before it's launched.
If we're allowed to briefly speculate: Google didn't sound 100% solid about the tablet, so we imagine it doesn't have a definite release window planned just yet. Since the company is teasing it this early, though, we'll almost definitely hear more about it at Google IO 2023. | https://www.techradar.com/in/news/a-brand-new-google-tablet-was-teased-and-it-looks-like-a-home-hub-let-loose | 2022-05-11T19:18:37Z | https://www.techradar.com/in/news/a-brand-new-google-tablet-was-teased-and-it-looks-like-a-home-hub-let-loose | true | 6 |
Lineage Cell Therapeutics LCTX is set to give its latest quarterly earnings report on Thursday, 2022-05-12. Here's what investors need to know before the announcement.
Analysts estimate that Lineage Cell Therapeutics will report an earnings per share (EPS) of $-0.03.
Lineage Cell Therapeutics bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company missed EPS by $0.12, which was followed by a 4.29% drop in the share price the next day.
Here's a look at Lineage Cell Therapeutics's past performance and the resulting price change:
Stock Performance
Shares of Lineage Cell Therapeutics were trading at $1.29 as of May 10. Over the last 52-week period, shares are down 44.7%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. | https://www.benzinga.com/news/earnings/22/05/27146313/earnings-preview-lineage-cell-therapeutics | 2022-05-11T19:20:15Z | https://www.benzinga.com/news/earnings/22/05/27146313/earnings-preview-lineage-cell-therapeutics | false | 892 |
A less than expected fall in the U.S. CPI and the developments in the Terra ecosystem rattled crypto world as market capitalization dropped more than 7 percent overnight to $1.37 trillion, from $1.46 trillion early on Tuesday.
Consumer Price Inflation in the U.S dropped to 8.3 percent in April, versus the 41-year high of 8.5 percent in the month of March. Markets were expecting the reading to have fallen to 8.1 percent.
Terra network's stablecoin Terra USD's (UST) price dropped to an all-time low of $0.2998, losing more than 70 percent of its peg to the U.S. Dollar. Terra network's governance token Terra (LUNA) plunged to a low of $0.8384 in the past 24 hours.
Between May 8 and now, LUNA's market capitalization has plunged 90 percent, from $22 billion to $2.2 billion, while that of the stablecoin UST dropped 60 percent, from $18.6 billion to $7.5 billion.
LUNA is currently trading at $3.26, down 90 percent on an overnight basis and 96 percent on a weekly basis. It has slipped to rank 35 overall, from rank 9 on May 8.
UST is currently trading at $0.474, down 49 percent on an overnight basis and 53 percent on a weekly basis. It has slipped to rank 16 overall, from rank 10 on May 8.
The UST stablecoins fiasco had its reverberations in the Congress as well. In a hearing before the Congress on Tuesday, Treasury Secretary Janet Yellen said: "A stablecoin known as TerraUSD experienced a run and declined in value. I think that this simply illustrates that this is a rapidly growing product and there are rapidly growing risks."
Earlier on Monday, the Federal Reserve Board had in its Financial Stability Report warned of the risk of stablecoins.
Do Kwon, CEO of Terraform Labs, the organization behind the Terra network has in the meanwhile tweeted a plan to rescue the stablecoin's peg, including absorbing the stablecoin supply that wants to exit before $UST can start to repeg.
Though the not-for-profit Luna Foundation Guard had reportedly built a decentralized UST reserve of close to 80,000 Bitcoins to support the UST in maintaining its peg, the same could not stave off the market rout, as the infrastructure to utilize the reserves was not formally launched. According to a report by Coindesk, a plan to connect the reserve to the blockchain with a smart contract to stabilize UST in a crisis was weeks away from deployment.
Bitcoin is currently trading at $31,013.34, down 2.55 percent on an overnight basis and down 20 percent on a weekly basis. BTC had touched a 24-hour low of $29,323.23. Bitcoin dominance has surged to 43.2 percent.
Ether is trading at $2313.58 after having shed 4.3 percent in the past 24 hours and 18.6 percent in the past seven days. ETH touched a low of $2,170.84 in the past 24 hours. Ether's dominance too increased to 20.5 percent.
Stablecoin dominance increased to 12.6 percent in tandem with the risk-off behaviour in the broader crypto market.
Residual altcoins now command only 23.7 percent of the overall crypto market.
44th ranked Maker (MKR), the governance token of MakerDAO, a decentralized autonomous organization that also manages the DAI stablecoin, is trading more than 23 percent higher overnight. Amidst the meltdown in TerraUSD (UST), Maker's algorithmic stablecoin Dai (DAI) has risen to become the fourth most valuable stablecoin.
Among the top 20 cryptos, BNB (BNB), Cardano (ADA), Wrapped Bitcoin (WBTC), TRON (TRX), Litecoin (LTC) and Cronos (CRO) are trading with losses of less than 10 percent.
XRP(XRP), Dogecoin (DOGE), Polkadot (DOT) and Polygon (MATIC) are trading with losses between 10 and 20 percent.
Solana (SOL), Avalanche (AVAX) and Shiba Inu (SHIB), have declined more than 20 percent.
The Mission and Vision statement of Luna Foundation Guard, mentions that unlike other stablecoins that are backed by fixed deposits of the pegged fiat currency or over-collateralized in another DeFi asset, the value of Terra's family of stablecoins is maintained through a system of arbitrage incentives, open market operations, and dynamic protocol levers that maintain robust peg stability and scalability of its supply. It also claims that LUNA, its governance token delivers counter-cyclical monetary policy levers to maintain the peg during periods of both contractionary and expansionary demand cycles of its stablecoins.
The UST/LUNA fiasco has triggered a debate on the efficacy of algorithmic stablecoins and whether an algorithmic stablecoin arrangement can be sustained without the support of a strong set of market players who would be incentivised to buy/sell and trigger the mint/burn mechanism to restore the peg. It has also reignited the debate on the comparative safety of algorithmic and non-algorithmic stablecoins.
Would the UST's Dollar peg be restored and if so, how fast, is what the markets are keenly watching. Also of interest would be the stance that regulators would adopt, in the backdrop of a market impact of this magnitude.
For comments and feedback contact: editorial@rttnews.com | https://www.rttnews.com/3283542/inflation-terra-keep-crypto-world-terrified.aspx | 2022-05-11T19:20:32Z | https://www.rttnews.com/3283542/inflation-terra-keep-crypto-world-terrified.aspx | false | 1 |
A man has been ordered to pay $2,440 to Fortis BC after he damaged a natural gas line after he unsuccessfully argued that the line was four and a half feet out of line with the design plan.
The B.C. Civil Resolution Tribunal ruled that despite the fact the line was “out of line”, Herbert Fischer did not phone B.C. 1 Call (1-800-474-6886) to check where the line was located prior to digging. Fischer also failed to hand dig to find the line prior to digging with an excavator.
The power line was supposed to be on the south side of a hydro pole in the design plans. Fischer maintains that he had several calls with Fortis BC and designers who knew of his intention to locate his underground powerline on the south side of the power pole. Instead, he found the line while digging on the north end of the pole.
READ MORE: B.C. man denied $5K claim after portable speaker hit his shin at SkyTrain station
“Yet, there is no evidence that Fortis was obliged to follow that designer’s plan. In any event, since Mr. Fischer undisputedly did not call BC 1 Call as required to identify the gas main’s location before attempting to dig, I find he breached the standard of care. It is undisputed that Mr. Fischer’s digging caused the gas line damage,” Tribunal vice chair Shelley Lopez wrote.
“In short, I find Mr. Fischer was negligent and his negligence damaged Fortis’ gas line.”
Fischer was ordered to pay $2,309 in damages including $2,003.69 for labour and fieldwork and $300 for Fortis vehicles. Lopez denied a claim of $37 to pay for lunches for FortisBC workers. On top of that, Fischer was ordered to pay $125 in CRT fees and $11.19 in pre-judgement interest.
Homeowners owe Fortis a “duty of care” when working around gas lines. Homeowners must contact B.C. 1 Call prior to digging and await approval. Fortis says this should be done for any projects that require digging to avoid being on the hook for repair costs.
@SchislerCole
cole.schisler@bpdigital.ca
Like us on Facebook and follow us on Twitter. | https://www.thenorthernview.com/news/b-c-man-ordered-to-pay-for-damaging-gas-line-despite-blueprints-showing-it-was-elsewhere/ | 2022-05-11T19:22:32Z | https://www.thenorthernview.com/news/b-c-man-ordered-to-pay-for-damaging-gas-line-despite-blueprints-showing-it-was-elsewhere/ | false | 12 |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/new-york-mets/articles/39462217 | 2022-05-11T19:23:36Z | https://sportspyder.com/mlb/new-york-mets/articles/39462217 | true | null |
ALBANY, N.Y. (NEWS10) — SWV, an all-girl R&B vocal trio, is set to headline the 2022 Black Arts and Cultural Festival. The festival is Saturday, August 6 from 2 p.m. to 7 p.m. at the Empire State Plaza.
The Black Arts and Cultural Festival celebrates Black history and culture with the support of vendors and free entertainment that everyone will enjoy,” said Office of General Services (OGS) Commissioner Jeanette Moy. “I want to thank the new sponsor of this event, the UpState New York Black Chamber of Commerce. The Chamber’s generosity will help us bring an exciting lineup of music, art, dance, and activities to the Empire State Plaza for this fun cultural event.”
SWV was formed in 1992 and produced a string of hits including “I’m So Into You,” “Right Here,” “Downtown,” “Weak,” and “You’re Always On My Mind.” In May 2021, SWV was added to Billboard’s “Top 40 Female Groups of All Time” across all music genres.
“The UpState New York Black Chamber of Commerce and Albany Black Chamber are proud to be the official title sponsor of the 2022 Black Arts and Cultural Festival,” said UpState New York Black Chamber of Commerce President and CEO Anthony Gaddy. “‘BlackFest,’ as it is known to many of us, has a rich history in the City of Albany. We are honored to be a part of that tradition and honored to partner with New York State for this year’s festival. We look forward to introducing some of our members to the community as well as meeting some of the business owners and entrepreneurs who will be on hand.”
A full lineup of festivals and concerts is returning for the 2022 Summer at the Plaza season. OGS will continue to announce the lineup of events and performances in the coming weeks.
The Empire State Plaza Capital Concert series kicks off on July 6 with a performance by Moe. Pat Benatar and guitarist Neil Giraldo are also set to perform on July 13. Starship featuring Mickey Thomas is headlining New York State’s Fourth Of July Celebration. | https://www.news10.com/news/albany-county/swv-to-headline-black-arts-and-cultural-festival-at-empire-state-plaza/ | 2022-05-11T19:34:05Z | https://www.news10.com/news/albany-county/swv-to-headline-black-arts-and-cultural-festival-at-empire-state-plaza/ | true | 2 |
Will TriCo (TCBK) Gain on Rising Earnings Estimates?
TriCo (TCBK) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.
The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this holding company for Tri Counties Bank, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool -- the Zacks Rank.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
For TriCo, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.
Current-Quarter Estimate Revisions
For the current quarter, the company is expected to earn $0.96 per share, which is a change of +1.05% from the year-ago reported number.
Over the last 30 days, the Zacks Consensus Estimate for TriCo has increased 9.51% because two estimates have moved higher compared to no negative revisions.
Current-Year Estimate Revisions
The company is expected to earn $3.66 per share for the full year, which represents a change of -7.11% from the prior-year number.
There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, four estimates have moved up for TriCo versus no negative revisions. This has pushed the consensus estimate 5.96% higher.
Favorable Zacks Rank
Thanks to promising estimate revisions, TriCo currently carries a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.
Bottom Line
Investors have been betting on TriCo because of its solid estimate revisions, as evident from the stock's 5.2% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/will-trico-tcbk-gain-on-rising-earnings-estimates | 2022-05-11T19:34:55Z | https://www.nasdaq.com/articles/will-trico-tcbk-gain-on-rising-earnings-estimates | false | 1 |
Michael Mina’s new company, TableOne Hospitality, announced its first hotel restaurant project — and it’s landing in San Francisco’s Hyatt Regency in SoMa. La Société Bar and Café is conceived as a “modern brasserie” and is set to open this summer for breakfast and dinner. Diners at La Société can expect a menu of “classic French dishes” that will be served alongside cocktails and a wine list spanning both regional and European options. The restaurant will be under the helm of executive chef Alexandre Viriot, who arrives in San Francisco with some notable training: he’s worked with French chef heavyweights Guy Savoy, Joël Robuchon, and Alain Ducasse previously, and most recently served as the chef de cuisine at Popinjays, a restaurant inside Hong Kong hotel the Murray.
The formation of TableOne Hospitality was first announced back in March as a partnership between Mina Group and hotel management group, Highgate. The resulting TableOne spinoff will focus on opening restaurants at Highgate’s roster of hotel clients, whose locations range from the U.S. to Europe, the Caribbean, and Latin America, according to Highgate’s website. TableOne is led by former Mina Group president Patric Yumul, who envisions the company as a way to cultivate new culinary talent for the group’s upcoming hotel restaurants in major metropolitan areas, something that was at times a struggle while under the Mina umbrella, he told the San Francisco Business Times. “This was born out of a desire to grow chefs, creators, mixologists, and give them a chance to shine on their own,” Yumul said of TableOne. Mina will be involved with the company as a board member and adviser, while remaining as CEO of Mina Group. | https://sf.eater.com/2022/5/11/23067376/la-societe-french-brasserie-soma-mina-group-tableone | 2022-05-11T19:38:38Z | https://sf.eater.com/2022/5/11/23067376/la-societe-french-brasserie-soma-mina-group-tableone | false | 1 |
Would the Chicago Bulls facilitate a trade for Zach LaVine if the net return was Julius Randle and Evan Fournier? That is the scenario put forth by some at ESPN as rumors around LaVine’s departure have picked up steam.
ESPN’s Brian Windhorst offered up the Portland Trail Blazers as a darkhorse candidate to lure the Bulls guard away and back to his home state. There was also a notice to look out for the San Antonio Spurs and head coach Gregg Popovich who helped LaVine earn an Olympic gold medal.
NBC Sports Chicago’s K.C. Johnson has maintained optimism that LaVine will return. And Bleacher Report’s Eric Pincus poked holes in the logic behind the Lakers as a hypothetical destination.
That did not stop Jay Williams from dropping this doozy on “Keyshawn, JWill, & Max”.
Blockbuster Three-Team Swap
This proposal is based on Windhorst’s report. It involves three teams with the Bulls engaging the Knicks and the Los Angeles Lakers.
That is quite the trio of cornerstone franchises.
Williams explained his reasoning.
“The Bulls may not like this. But, in return, if they’re losing Zach LaVine, they get a guy like Julius Randle that, potentially, they could use as [a] trade asset with Vucevic for another piece if they felt like they were going to get that. And Evan Fournier which gives them a little more depth from the guard position.”
Guest Alan Hahn quickly pointed out that the NBA’s Stepien Rule prevents the Lakers from sending their first-round draft picks in consecutive years as Williams included.
He noted that those would be the biggest selling point for the Knicks.
But Hahn did agree that the deal would be the Bulls getting “something for nothing” assuming LaVine’s decision was to leave.
Not Worth the Sum of Its Parts
LaVine is a two-time All-Star and the best player in this trade. Losing him would not even be an option if the Bulls had control of the situation. But, as he heads into free agency, belief in the possibility that he leaves has grown in recent days.
He is coming off an individually down season statistically and needs knee surgery. But he also reached the playoffs for the first time with the Bulls’ revamped roster.
Randle is heading in the first year of a four-year, $117 million extension signed ahead of this past season, per Spotrac.com.
He enjoyed a stellar second season in New York, winning Most Improved Player and leading the Knicks to their first postseason appearance in eight seasons. But this past season saw Randle regress while having friction with fans as well as an assistant coach while the Knicks scuddled to a 37-45 record and an 11th-place finish in the East.
New York traded for Fournier last summer to get the Knicks over the hump. But he shot the lowest field goal percentage of his career this past season and the worst three-point percentage since 2019.
Fournier is under contract for $37 million over the next two seasons with a $19 million club option for the 2025 season.
Westbrook is coming off of his lowest-scoring season since his second year in the NBA. He has been a frequent talking point with regards to the Lakers’ struggles this season.
As Bad as It Sounds
This deal is better than some doomsday scenarios. But it is still just that. The only way the Bulls do this deal is if they truly had no choice but to try avoiding losing LaVine for nothing. The demand for Lavine’s services should answer all questions about whether the Bulls should pay him.
That is a point host Max Kellerman tried to make clear when countering Hahn and Keyshawn Johnson’s anti-Lakers argument.
“Forget about ‘can you give the keys to Zach LaVine…if people wanted Buddy Hield [on the Lakers], take Buddy Hield and make him jump out of the gym…Zach LaVine can bomb from outside and he can jump out the gym.”
Kellerman was pitching the appeal of LaVine for the Lakers. And the panel wholly agreed that this was an emergency option for the Bulls. But the bottom line is Chicago needs more players like that, not fewer.
To Kellerman’s point, the hope has to be they could land a better package than Randle and Fournier for their still ascending guard. | https://heavy.com/sports/chicago-bulls/proposed-trade-espn-117m-forward-all-star/ | 2022-05-11T19:39:02Z | https://heavy.com/sports/chicago-bulls/proposed-trade-espn-117m-forward-all-star/ | false | 1 |
Many on both sides of the aisle have speculated that the SCOTUS draft was leaked to Politico by an unknown liberal angry at the direction the Court is going and hoping to sway the Court back into the pro-Roe camp. If so, that plan has backfired horribly. Not only has Supreme Court Justice Clarence Thomas said that he and the other justices will not be “bullied” by leftist activists, but a new CNN poll shows that the anticipated end of Roe may have a cooling effect on Democrats going to the ballot box in November. Republicans, on the other hand, are likely to show up in larger-than-usual numbers.
That is a double whammy for Democrats.
As leftist foot soldiers — responding to the leaked SCOTUS brief — have descended on the homes of conservative Supreme Court justices and attacked Catholic churches and at least one pro-life center, they have failed to achieve their hoped-for reaction of swaying both the justices and the public. Instead, it appears that — showing themselves to be the criminals (and likely terrorists) that they are — they have hurt their worthless cause.
On Friday, Supreme Court Justice Clarence Thomas — speaking at the 11th Circuit Judicial Conference in Atlanta — made it clear that he and other conservative justices are keeping their eyes on the wider canvas and refuse to be swayed by the threats, intimidation, and other terrorist tactics of the Left. Addressing the leaked draft, he said, “We are becoming addicted to wanting particular outcomes, not living with the outcomes we don’t like,” adding, “We can’t be an institution that can be bullied into giving you just the outcomes you want. The events from earlier this week are a symptom of that.”
The takeaway: Never negotiate with terrorists. Do not feed the trolls. Refuse to be led by foot-stomping, screaming “protesters” who bear all the marks of petulant toddlers. Stand your ground and do what is right. Period.
And while the actions of leftist foot soldiers — under the direction of their leftist masters — have backfired where the court is concerned, a CNN poll appears to show they have also backfired where voters are concerned.
The folks over at CNN appear to be at a loss to explain their own poll results, reporting:
The share of registered voters who say they are extremely or very enthusiastic about voting this fall rose 6 points between the first survey and the second, but that increase is about even across party lines. Among Democrats, 43% now say they are extremely or very enthusiastic, up 7 points. Among Republicans, it’s 56%, up 9 points. And voters who say overturning Roe would make them “happy” are nearly twice as enthusiastic about voting this fall as those who say such a ruling would leave them “angry” (38% extremely enthusiastic among those happy, 20% among those angry).
This appears particularly confusing to CNN, since — according to their polling — the “angry” crowd outnumbers the “happy” crowd:
The share of Americans who would be angry in the wake of such a ruling (36%) sharply outweighs that who would be happy (17%), and some of the poll’s findings suggest the issue could become a motivating factor for Roe supporters should the draft opinion become the final one. Younger adults are particularly apt to say they would feel angry if Roe were overturned (47% among those younger than 45, compared with 26% among older adults). But younger voters remain far less enthusiastic about casting a ballot this fall — just 9% of them are extremely enthusiastic about voting this fall vs. 31% of older voters.
And as Daily Wire reports:
The poll also noted that a majority of Americans — 66% — say that Roe should not be entirely struck down and 59% would support federal legislation that established a right to abortion nationwide. But that may also be a doomed prospect, given the current makeup of Congress and the likelihood that Republicans will see gains rather than losses in November.
And while the Daily Wire cited Newt Gingrich in its assertion that Republicans are poised to see gains in November’s midterm elections, the poll also seems to confirm that assertion. Gingrich may be a neocon establishment type, but even a blind squirrel finds an occasional nut. As the poll shows, in response to the question, “If the elections for Congress were being held today, which party’s candidate would you vote for in your Congressional district?” responses show a growing Republican gain. In the survey taken April 28-May 1, 2022, 44 percent said they would vote Democrat and 45 percent said Republican. But in the survey conducted May3-5, 2022 — just days after the previous survey and after the leaked SCOTUS brief and leftists’ response to it had filtered into the public consciousness — the numbers were 42 percent Democrat and 49 percent Republican.
Since the survey takes into account those who plan to vote third party as well as those who do not plan to vote at all, it is worth looking at how all the numbers shifted in those few days. Not only did Democrats lose two percentage points, but Republicans seem to have gained in both those who had planned to vote third party (an apparent gain of one percent) and those who had not planned to vote at all (an apparent gain of one percent).
So it appears that Republicans are gaining in those who had intended to vote Democrat, those who had intended to vote third party, and those who had not intended to vote.
This fits nicely into what has been seen as a growing trend — remarked upon even by Democrat strategists — showing that Democrats are facing a thorough trouncing in November. Unless Republicans can figure out a way to snatch defeat from the jaws of victory (as they have been known to do in the past), a Republican majority in both houses is all but a foregone conclusion.
And given the voting public’s disgust with Biden and his policies (especially as related to the economy, foreign policy, and — to lesser, but still meaningful, degree — domestic policy) the trend points to a strong probability of a Republican victory in the 2024 presidential election.
-------------------------------
C. Mitchell Shaw is a freelance writer and public speaker who addresses a range of topics related to liberty and the U.S. Constitution. A strong privacy advocate, he was a privacy nerd before it was cool. | https://www.timesexaminer.com/political/9715-leftist-strategies-backfire-dems-continue-to-lose-ground-in-wake-of-scotus-leak | 2022-05-11T19:40:04Z | https://www.timesexaminer.com/political/9715-leftist-strategies-backfire-dems-continue-to-lose-ground-in-wake-of-scotus-leak | true | 1 |
Shaquille O'Neal Clarifies His Drama: NBA World Reacts
The biggest rivalry in the NBA right now involves a legend and an All-Star center. Over the past few days, Shaquille O'Neal and Rudy Gobert have been debating the prospect of them going head-to-head on the hardwood.
Gobert opened up about his thoughts on this hypothetical matchup in an interview with Bleacher Report's Taylor Rooks.
"Yes, I do think I could lock him up," Gobert told Rooks. "I'm never gonna look at someone, whoever it is, and say, 'Yeah, you would score 40 on me.' That's not my mentality. I would love to go against prime Shaq, it would be a great challenge for me."
O'Neal responded to those comments during his own discussion with Rooks, revealing that his previous remarks towards Gobert should be used as motivation.
"You know what, Rudy? I respect that. I really do. So a lot of times when I throw jabs, people think it's hate, or whatever," O'Neal said. "But it's really, I'm just challenging him, because this thing we have right now is so good. If it continues to be great, everybody will prosper. That's how you gotta look at it."
O'Neal then posted the following message on Twitter: "I don't have the time or energy to hate. My words are strictly for motivation."
The responses to those comments from O'Neal are mixed. There are some fans who believe that he's trying to motivate Gobert. Others, however, think he's being a "hater."
At the end of the day, it seems like Gobert and O'Neal are both taking the right approach to this situation.
Obviously, Gobert could use O'Neal's words as bulletin-board material if he really wants to. Whether or not he'll do that though is unclear. | https://thespun.com/nba/nba-world-reacts-to-shaquille-o-neal-drama | 2022-05-11T19:44:08Z | https://thespun.com/nba/nba-world-reacts-to-shaquille-o-neal-drama | true | 1 |
One of Ferriday’s favorite sons died Saturday, as Mickey Gilley passed away at the age of 86.
“It’s a tremendous loss,” said Ferriday-born entertainer Linda Gail Lewis by phone Monday from her home in Austin, Tx. “We are devastated.”
Linda Gail, Jerry Lee’s little sister, is still performing concerts in the United States and overseas.
Mickey, Jimmy (Swaggart) and Jerry Lee (Lewis) were really, really close,” Linda Gail said. “It’s a sad time for all of us.”
“I was shocked,” said former Vidalia Mayor Hyram Copeland, who is first cousin with Gilley, Jerry Lee Lewis and Jimmy Swaggart and lived with Gilley’s parents before he married. “I went to see him at L’auberge in Baton Rouge last year, and talked to him not long ago. He loved Ferriday. He was a legend. And to still be doing so well in that industry
Former Ferriday Glen McGlothin said Gilley would do anything if possible for Ferriday.
“It breaks my heart,” McGlothin said. “I’ve been knowing all three all my life. Even when he had his accident (falling down some stairs helping a neighbor move), he never let it get him down. He loved what he did, and he loved to entertain. And he came to Ferriday every time we asked him.”
According to a spokesperson of Gilley’s, Gilley died at Cox South in Springfield after being diagnosed with bone cancer.
He had also developed complications, including pneumonia and kidney failure. A memorial service in Branson will take place at a future date that hasn’t been determined yet.
Gilley sold the theater on West 76 Country Boulevard that still bears his name several years ago.
Other acts now also call the theater home, but Gilley still performed there and was scheduled to team up with his close friend Johnny Lee for their “Urban Cowboys Ride Again” show on Sunday night.
Gilley made several trips to Ferriday, and performed in concerts in 2010 and with his band in 2012 at the Vidalia Conference and Convention Center.
At that concert, Secretary of State Tom Schedler presented a proclamation designating Aug. 1 as Mickey Gilley Day in Louisiana and designated Gilley as an honorary Louisiana Secretary of State.
Gilley was among the first inductees into the Delta Music Museum Hall of Fame in 2002 along with Jerry Lee Lewis, Jimmy Swaggart and Leon “Pee Wee” Whitaker.
Gilley was known for launching the Urban Cowboy movement in Country music and hit songs including “Stand By Me,” “Room Full of Roses” and “Lonely Nights.”
Gilley passed peacefully with his family and close friends by his side.
Gilley influenced generations of country singers for decades with his signature, haunting combination of Louisiana rhythm and blues and country-pop crossover melodies. He grew up with his two famous cousins, Jerry Lee Lewis and Jimmy Swaggart, surrounded by the influence of music and earned 39 Top 10 hits and 17 No. 1 songs throughout his career.
In 1971, Gilley opened his world-famous honky-tonk Gilley’s in Pasadena, Texas, which sparked a chain of the famous nightclubs.
The son of Arthur Fillmore Gilley and Irene (Lewis) Gilley, Gilley learned how to play piano from Lewis and dabbled in boogie-woogie and gospel music early in his career before finding his professional footing in the ‘70s with “Room Full of Roses.”
Hits “Chains of Love,” “Honky Tonk Memories,” “She’s Pulling Me Back Again,” and “Here Comes the Hurt Again” followed as his honky-tonk gave way to the more progressive countrypolitan.
In 1980, Gilley splashed into pop culture when he appeared in the smash hit movie “Urban Cowboy” alongside John Travolta, Debra Winger and Johnny Lee. Gilley’s served as the backdrop for the film, which helped launch his acting career and put his music career on a whole new level. Gilley went on to star in popular television series including “Murder She Wrote,” “The Fall Guy,” “Fantasy Island” and “Dukes of Hazzard.”
Gilley was widely recognized for his work in music and movies, earning numerous accolades, including six Academy of Country Music Awards, a star on the Hollywood Walk of Fame and was inducted into the Texas Country Music Hall of Fame in 2011.
He was one of only a handful of artists to receive the Academy of Country Music’s Triple Crown Awards.
Gilley was preceded in death by his wife, Vivian. He is survived by his wife Cindy Loeb Gilley, his children Kathy, Michael, Gregory and Keith Ray, four grandchildren and nine great grandchildren and his cousins Jerry Lee Lewis and Jimmy Swaggart. | https://www.hannapub.com/ouachitacitizen/tempo/community/he-was-a-legend-mickey-gilley-dies-at-86/article_cd8c6908-d12e-11ec-ad83-dbb24d910211.html | 2022-05-11T19:44:13Z | https://www.hannapub.com/ouachitacitizen/tempo/community/he-was-a-legend-mickey-gilley-dies-at-86/article_cd8c6908-d12e-11ec-ad83-dbb24d910211.html | true | 2 |
The April 10th letter to the editor, "What's going on", claimed that an Indiana Senator, Mike Braun, thinks that "states should be allowed to legislate whether interracial marriages should be legal or not."
I was not aware of his position but, worse, he was not aware of the position of the unanimous 1967 decision of the U.S. Supreme Court in Loving vs. Virginia, which struck down state laws banning marriages between individuals of different races.
I would say that Sen. Braun needs to unbury his head from the beautiful Indiana sand dunes, but, in 2022, who knows what precedent is safe from a reversal by today's Supreme Court. Certainly not Roe v. Wade.
The good news is that if a challenge, to mixed race marriages, makes it to this Supreme Court, there is some possibility that Justice Clarence Thomas, in an interracial marriage himself, may finally come down on the correct side. Now, THAT would be a precedent.
Rick Singer
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Oro Valley
Disclaimer: As submitted to the Arizona Daily Star. | https://tucson.com/opinion/letters/letter-response-to-whats-going-on---4-10-22-letter-to-editor/article_255ac3e2-d156-11ec-b9c1-eff82693479d.html | 2022-05-11T19:45:35Z | https://tucson.com/opinion/letters/letter-response-to-whats-going-on---4-10-22-letter-to-editor/article_255ac3e2-d156-11ec-b9c1-eff82693479d.html | true | 1 |
Relief as Asani spares Andhra Pradesh
Weakened storm heads towards Odisha
Visakhapatnam: Andhra Pradesh is on alert after cyclonic storm Asani changed its directions at least five times during the last two days and took a curve near Machilipatnam on Wednesday evening and started travelling at a speed of 7 km in north east direction along Narsapur, Yanam and Kakinada.
The storm dipped into sea at Visakhapatnam late on Wednesday night and was moving towards Odisha. According to IMD, the storm got weakened from severe cyclone to depression by Thursday morning resulting in moderate to heavy rains at many places. There have been continuous torrential rains in several parts of Kakinada and Konaseema districts. The officials of the coastal districts heaved a sigh of relief as the cyclone got weakened. Earlier, it was predicted that the coastal districts will get severe cyclone storm. Some parts of Guntur, Konasaeema and Kakinada districts registered rains on Wednesday. Normal to heavy rains forecast on Thursday in some parts of the coastal Andhra.
Gales with speed of 70 kmph to 90 kmph likely to prevail along and off Krishna, East and West Godavari, Yanam and Puducherry Union Territories, and Visakhapatnam districts. Some other areas in coastal districts will experience gales with speed of 60 kmph on Thursday morning. The ripple effects of the Cyclone Asani are expected to be seen over Telangana where moderate rainfall with lightening is expected in some parts of the state.
As per the latest IMD update, the cyclonic storm will weaken further into a depression by Thursday morning. Andhra Pradesh is witnessing heavy rain, strong winds and turbulent sea with the cyclonic storm approaching its coast. Fishermen have been advised not to venture into west central Bay of Bengal along and off Andhra Pradesh and Odisha coasts on May 11 and into Northwest Bay of Bengal till May 12.
Cyclone Asani has affected several flight operations. Spice Jet Kolkata-Visakhapatnam-Kolkata were cancelled. All IndiGo flights (22 arrivals and 22 departures) and Air Asia flights were cancelled.
Gale and heavy rains uprooted trees blocking the highway in Andhra Pradesh's Manyam as Cyclone Asani approached the coastal areas of the state.
The Collectors of Alluri Sitarama Raju, Anakapalli, Bapatla, Eluru, Kakinada, Konaseema, Krishna, Nellore, NTR, Parvathipuram Manyam, Prakasam, Srikakulam, Visakhapatnam, Vizianagaram and West Godavari districts were put on high alert.
About 454 rehabilitation camps were set up in different parts of the state. Diesel generators and earth movers were kept on standby to meet any eventuality. A few houses of fishermen in Uppada were washed away. Following reports that the cyclone will be severe, 90 NDRF teams were positioned to meet any challenge.
Guntur and Bapatla reported damage to plantain, papaya and betel plantations.
Several parts of Odisha and West Bengal are bracing for heavy rain. Odisha government has put five southern districts - Malkangiri, Koraput, Rayagada, Ganjam and Gajapati - on high alert. | https://www.thehansindia.com/andhra-pradesh/relief-as-asani-spares-andhra-pradesh-742145 | 2022-05-11T19:47:02Z | https://www.thehansindia.com/andhra-pradesh/relief-as-asani-spares-andhra-pradesh-742145 | false | 1 |
Members of the Dalton Board of Education voted Monday for a tentative fiscal year 2023 general fund budget of $89.9 million, as well as a tentative property tax rate for the fiscal year of 8.095 mills.
The fiscal year begins July 1. Both votes were 5-0.
School board members approved an operating property tax rate last year of 8.095 mills, which was the first reduction in 13 years; the rate had been 8.2 mills for the prior seven years.
For fiscal year 2023, however, “we’re keeping it the same,” said Matt Evans, chairman of the school board.
Chief Financial Officer Theresa Perry’s latest fiscal year 2023 budget draft projects a general fund balance at the end of fiscal year 2022 of $23.8 million and a general fund balance at the end of fiscal year 2023 of $19.6 million, meaning expenses are predicted to exceed revenues in the general fund by roughly $4.2 million during fiscal year 2023.
The school board seeks “to stay north of $16.5 million” with the general fund, according to Evans: “That’s generally where we want to be.”
Dalton Public Schools will receive $1.1 million less in equalization funding from the state for fiscal year 2023 than it did for fiscal year 2022, said Perry. However, the $4.5 million in equalization funding from the state for fiscal year 2023 will still be “the second-highest equalization amount in our history.”
Equalization funding ranks school systems by property wealth per number of students, then allots funds to school systems that have less property wealth per student than the state average, according to Perry.
“Equalization is wealth per child, and wealth is measured in property value.”
Gov. Brian Kemp and the state legislature approved one-time supplements of $2,000 for public school employees, whether they be full or part time, and Dalton Public Schools is also increasing the salary scales for fiscal year 2023, said Perry. The percentage increases will be highest for employees lowest on the scale, but even those at the highest points on the scale will receive raises of at least 2.4%.
School Nutrition employees will also receive raises, with starting wages increasing from $9.70 an hour to $11 an hour, Perry said. “It’s not clear if that is going to be enough” to attract and retain the necessary quality and quantity of employees, however.
“My gut says we’ll need to go to $12” an hour in fiscal year 2024, she said. “We’ve all heard the stories of (fast-food establishments) paying $17 per hour, (and) we are competing for that group of employees.”
“Our jobs are better, (with) no nights (nor) weekends, and better managers,” plus the possibility of benefits, so Dalton Public Schools likely doesn’t need to match private sector wages, Perry said. “However, we do need to make improvements” on the salary scale to be competitive.
The tentative fiscal year 2023 budget includes four school resource officers from the Dalton Police Department, “which is what we currently have this semester,” Perry said. That is down from five school resource officers in recent years.
“We feel good about where we are right now with four,” said Superintendent Tim Scott.
The general fund is expected to absorb four additional elementary schoolteachers in fiscal year 2023, as well as five Exceptional Student Services teachers and three Exceptional Student Services paraprofessionals, Perry said.
Dalton Public Schools is adding two psychologists to make three total as youth across the country continue to battle mental health challenges in the wake of the COVID-19 pandemic, but both of those positions will be paid for with funds from the federal American Rescue Plan of 2021, as will several first-grade teachers, interventionists, paraprofessionals and Exceptional Student Services paraprofessionals.
The system will also begin converting the antiquated projectors at elementary schools to interactive touchscreen flat panels with funds from the American Rescue Plan and the second federal Coronavirus Aid, Relief and Economic Security (CARES) Act, she said.
“We’re going to spend all the money” from the first and second CARES Acts, as well as the American Rescue Plan, and leave “zero dollars on the table.”
Dalton Public Schools received approximately $2 million from the initial CARES Act, $7 million from the second CARES Act and $17 million from the American Rescue Plan. All funds must be exhausted by fiscal year 2024.
Dalton Public Schools will hold a second public hearing on the fiscal year 2023 budget in June. School board members typically wait until August to approve a final property tax rate. | https://www.dailycitizen.news/news/local_news/dalton-board-of-education-approves-tentative-budget-and-property-tax-rate/article_549bb856-cffc-11ec-8919-57b6d3c3eeb9.html | 2022-05-11T19:48:16Z | https://www.dailycitizen.news/news/local_news/dalton-board-of-education-approves-tentative-budget-and-property-tax-rate/article_549bb856-cffc-11ec-8919-57b6d3c3eeb9.html | false | 1 |
The new VTi TS comes standard with some attracted features which include automatic fire (one button firing), fast-shot cap with built-capability allowing easy reloads & quick change of colour balls, with easy change ball buttons. Slip and safe triggers also make it effort-takable while changing of balls as well with a compact Øø mm which looks easy in terms\nto hide away or easily keep safe to.  With colour selection available at a RUTLAND, Vt. (AP) — A 28-year-old man who was rescued from a raft off the coast of New England in 2016 after his boat sank has pleaded not guilty to charges he killed his mother at sea to inherit the family's estate.
Nathan Carman was arraigned in federal court in Vermont on multiple fraud charges and a first-degree murder charge in the death of Linda Carman.
The indictment says Carman also shot and killed his grandfather, John Chakalos, at his home in Windsor, Connecticut, in 2013 as part of the inheritance scheme, but he was not charged with that killing.
It's unclear how much money Carman was due to inherit.
The U.S. Attorney's Office for the District of Vermont says Carman would receive a life sentence if he's convicted for the murder of his mother. The fraud charges carry a punishment of up to 30 years in prison. | https://www.fox17online.com/news/national/man-denies-killing-mother-at-sea-to-inherit-familys-estate | 2022-05-11T19:48:48Z | https://www.fox17online.com/news/national/man-denies-killing-mother-at-sea-to-inherit-familys-estate | false | 1 |
WINDHAM, Maine (AP) — A Maine man who was incarnated at a Windham prison has died about four months after an assault in his cell that hospitalized him with a traumatic brain injury.
The Maine Department of Corrections said Renaldo Jones, 30, died Tuesday. State officials have not released information about the cause or circumstances surrounding Jones' death, The Portland Press Herald reported Tuesday.
The Jones family said that state investigators told them they believed that Jones was attacked by the person that shared his cell in January. He was a hospitalized with a traumatic brain injury at Maine Medical Center. Investigators did not file criminal charges against the person.
The Maine State Police Major Crimes Unit is investigating the circumstances around Jones' death, the newspaper said.
Shannon Moss, a state police spokesperson, said they cannot reveal details of an ongoing investigation “but we will release additional information as soon as it’s appropriate.”
Jones was serving time on charges of theft. The department website said his release was scheduled for January 2023. | https://www.myplainview.com/news/article/Maine-man-dies-months-after-assault-in-prison-cell-17165789.php | 2022-05-11T19:50:13Z | https://www.myplainview.com/news/article/Maine-man-dies-months-after-assault-in-prison-cell-17165789.php | false | 11 |
Flight grounded in Israel after passengers receive photos of crashed planes before takeoff
ISRAEL - A flight preparing for takeoff was grounded in Israel Tuesday after "passengers reported to the flight crew that pictures of crashing planes were sent to their mobile phones," authorities say.
The incident happened at Ben Gurion Airport outside of Tel Aviv and nine passengers have been taken into custody for further questioning, the Israel Airports Authority said in a statement to Fox News Digital.
"We got on the flight and the plane started moving. Most people received a request for a photo confirmation in AirDrop, some approved and some did not," a passenger on board the plane – which according to reports was operated by AnadoluJet and was destined for Turkey – told the Kan 11 news channel.
"The plane stopped and the flight attendants asked who got the picture. After a few minutes we were told to get off," that passenger continued. "Full of cops, we realized there was an incident. The airport manager told us there was a security incident, they took all our luggage out of the plane for a second check."
One of the images that passengers had received, according to photos released by the Israel Aviation Authority, was the wreckage of Asiana Airlines Flight 214, which crashed while trying to land in San Francisco in July 2013.
Another image was of Turkish Airlines Flight 1951, which crashed in Amsterdam in 2009, killing 9 passengers.
It was not immediately clear how many people were onboard the aircraft.
The wreckage of Turkish Airlines Flight 1951, which crashed on Feb. 25, 2009 while landing at the Schiphol airport in Amsterdam, Netherlands. (Touissant Kluiters/AFP via Getty Images)
"Security teams took all necessary steps to ensure that there is no danger to passengers including a re-inspection of the aircraft, passengers and bags," a spokesperson from the Israel Airports Authority told Fox News Digital. "All steps taken are in cooperation and coordination with the flight captain who has shown great cooperation and responsibility by return the aircraft to the terminal."
"Immediately after verifying and making sure that there is no risk to the plane and its passengers, the Security Division allowed the flight to continue on its way," the spokesperson added.
Advertisement | https://www.fox32chicago.com/news/flight-grounded-in-israel-after-passengers-receive-photos-of-crashed-planes-before-takeoff | 2022-05-11T19:52:56Z | https://www.fox32chicago.com/news/flight-grounded-in-israel-after-passengers-receive-photos-of-crashed-planes-before-takeoff | true | 11 |
May 1-7
Marriages
Moshi Moses to Roby Harry
Natasha Lynn Clawson to Kristopher Wayne Musgrove
Madison Nicole McSparen to Donovan Drake Babcock, both of Eldon
Yonalynn Makaya to Vanry S. Lohn
Nicole Danielle Peyton to Andrew James Larkin
Land transfers
May 2
Kurtz Development Inc. to CCC Investment Properties LLC, 1157 N. Elm St., $575,000 to $575,500.
May 3
Marsha Schark (executor of Aletha Helen King Estate) to Shane Smith, 705 E. Williams St., $51,000 to $51,500.
Dominga Pineda and Abida Pineda to Mirian C. Flores and Marcial De Jesus Cerna Flores, 851 S. Adella St., $40,000 to $40,500.
Jai Shri Inc. to NNDYM OTK Inc., 2813 N. Court St., $1,450,000 to $1,450,500.
Donna Ruth Bosley to Derek Gates and Claudia Gates, 556 S. Moore St., $25,000 to $25,500.
River Community Credit Union to Scott Ridgway, 510 Tacoma Ave., $5,000 to $5,500.
May 4
Rham 2 LLC (owned by Richard Halley and Dorothy Drees) to Ken Rawlin, 1023 E. Second St., $32,000 to $32,500 (contract).
Roger Hackman to Martyn Phillips, 232 E. Main St., Agency, $115,000 to $115,500.
May 5
Rex Leon Jones to Dalton Casey Jones and Amanda Jean Jones, 11872 118th Ave., $200,000 to $200,500.
May 6
Bradley & Fleming Enterprises Inc. to Alexander Coleman, 220 W. Fifth St., $40,000 to $40,500 (contract).
Jerry A. Houk to Kohlton Kirkpatrick and Jennifer Kirkpatrick, 114 N. Ransom St., $108,000 to $108,500.
Michelle Lynn Villa and Manuel Villa to Carlos Majin, 10202 N. Jefferson St., $10,000 to $10,500.
John A. Sholes and Rose Ellen Sholes to Geldy Mpela, 921 Albia Road, $108,150 to $108,650.
Steven L. Landgrebe and Jennifer L. Landgrebe to Kenneth T. Thorne and Courtney M. Thorne, 12337 237th Ave., $260,000 to $260,500.
Gregory J. Fleming and Rosetta Fleming to Alexander Coleman, 144 N. Willard St., $35,000 to $35,500.
William J. Thompson to Michael S. Lewis, 1148 Gurley Ave., $5,000 to $5,500.
Beverly C. Larkin Estate to Timothy Orr and Suzanne Orr, ground in Wapello County, $123,986 to $124,486.
Brooklyn's Steakhouse LLC to Eric Clark and Antoinette Clark, 103 E. State St., Blakesburg, $25,000 to $25,500. | https://www.ottumwacourier.com/news/record/marriages-and-land-transfers-for-may-12-2022/article_83d32998-d0aa-11ec-8ec8-c7e40c60a47d.html | 2022-05-11T19:59:25Z | https://www.ottumwacourier.com/news/record/marriages-and-land-transfers-for-may-12-2022/article_83d32998-d0aa-11ec-8ec8-c7e40c60a47d.html | false | 1 |
CHICAGO (WLS) -- Police are investigating a deadly crash at bus stop on Chicago's North Side Wednesday afternoon.
A 32-year-old woman was killed when she was struck by a black BMW that drove through a bus stop and struck her as she waited for a bus in the 2100-block of W. Peterson around 1:08 p.m.
Chicago police said the woman died at the scene. Her name has not yet been released.
A 42-year-old man who was behind the wheel of the BMW was taken to St. Francis Hospital in Evanston in good condition.
The Major Accidents division is investigating the cause of the crash.
Woman killed while waiting for bus when BMW crashes into North Side bus stop, Chicago police say
TRAFFIC FATALITIES | https://abc7chicago.com/chicago-crash-today-peterson-avenue-bus-stop/11838229/ | 2022-05-11T19:59:26Z | https://abc7chicago.com/chicago-crash-today-peterson-avenue-bus-stop/11838229/ | false | null |
Las Cruces provides tips for safe outdoor adventures
LAS CRUCES - Warmer temperatures and longer days call for more outdoor adventures and especially in the mountains surrounding Las Cruces, a city that sees more than 320 days of sunshine each year.
Hikers, bikers, campers and four-wheel enthusiasts should take the necessary precautions to avoid mishaps – or worse – while exploring the great outdoors. What seems like the start to a beautiful adventure can turn downright dreadful with temperature swings of more than 40 degrees, an unforeseen change in weather or some unexpected change of plans.
On May 16, 2021, 24 hikers had to be rescued after the group became separated, disoriented and stranded during a trek in the Organ Mountains. Some of the hikers suffered relatively minor injuries – mostly scrapes and bruises – and some complained of dehydration. One hiker was transported to a local hospital with non-life-threatening injuries.
The City of Las Cruces suggests all outdoor adventurers follow these and other safety tips:
- Know your capabilities and the terrain in which you will be in.
- Plan your trek carefully and take into consideration weather reports, the expected duration and other conditions which may be faced during your adventure.
- Never hike, bike, backpack or adventure alone.
- Keep groups together unless it is necessary for survival to separate.
- Follow all signage and refrain from straying from established trails.
- Carry a fully charged cellular or satellite phone in case of an emergency. Avoid depleting a cell phone’s battery by overusing the camera function.
- Pack a power bank and the proper cord to recharge a depleted cell phone battery.
- Carry a flashlight and extra batteries even if your hike is during the daytime.
- Avoid pushing daylight to take in a glorious sunset or full moon. Once the sun sets, it’s difficult to find your bearings on unknown trails.
- Take plenty of drinking water and food to sustain you during the trek.
- Keep in mind, warm daytime temperatures and relatively high elevations expend energy quickly.
- Wear or carry proper attire for the trek. It’s best to dress in layers that can be easily removed – or added – depending on conditions.
- Wear a hat or proper head covering.
- Wear boots or hiking shoes that are comfortable and suitable for the terrain to be covered.
- Be aware of changing weather conditions and the potential for flash floods from rains that occur upstream from your location.
- Be extremely cautious of setting or using fire.
- Beware of snakes that are more active during warmer weather and as daytime temperatures rise. Snakebite victims should seek help immediately.
- Beware of wild animals that are known to frequent the Organ Mountains and other areas nearby: bobcats, mountain lions, coyotes, foxes, deer and African oryx. Never approach or attempt to handle a wild animal.
- If hiking with a dog, take into consideration its needs and safety requirements for the trek.
- Refrain from allowing your dog to run off-leash as it might give chase to wild animals and could easily become lost or injured.
- Do not exceed the limitations of your vehicle (or your driving skills).
- Ensure your vehicles, tires and the spare are in good condition for the terrain.
- Keep an eye on your fuel gauge to ensure you do not run out of gasoline.
- Stay on developed roads or dedicated tracks.
- Respect signage and avoid driving onto private properties or dedicated wilderness areas.
- Do not attempt dangerous water crossings.
- Properly wear seatbelts or harnesses at all times when vehicle is in motion.
- If stranded, it is recommended to first try calling for help. Abandoning a vehicle and walking for help could be more dangerous than staying put and waiting for help to arrive.
- Tell a friend or relative where you are going and when you expect to return. If you have not returned by the designated time, they should know to contact authorities.
- Dispose of waste properly and use the “Pack it In – Pack it Out” motto to help keep wild areas pristine.
Keep reading: | https://www.lcsun-news.com/story/news/local/las-cruces/2022/05/11/las-cruces-provides-tips-safe-outdoor-adventures/9733004002/ | 2022-05-11T20:00:11Z | https://www.lcsun-news.com/story/news/local/las-cruces/2022/05/11/las-cruces-provides-tips-safe-outdoor-adventures/9733004002/ | false | 2 |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/los-angeles-dodgers/articles/39462720 | 2022-05-11T20:00:13Z | https://sportspyder.com/mlb/los-angeles-dodgers/articles/39462720 | true | null |
Jets’ Robert Saleh sees differences in Zach Wilson heading into Year 2
The Jets’ offseason program is still in its early stages, but head coach Robert Saleh has seen some differences in second-year quarterback Zach Wilson.
“Zach looks good,” Saleh said. “He’s definitely hit the weight room. He looks beefy, in a good way. He’s definitely filled out. He’s still got all his looseness in throwing the football and zip and all that stuff. He looks good.”
The Jets are in the second phase of the offseason program, which allows the coaches to have some light field work. They will spend another two weeks doing that before beginning OTAs, in which they can ramp things up.
Saleh said Wilson has made strides mentally as well as physically.
“He’s got a really good early command of the offense and he’s doing a really good job in regards to that,” Saleh said. “There’s little things that he’s doing where you’re seeing a little more security. He’s not a rookie, so he’s being a little more vocal. He looks good. He’s getting more comfortable, obviously grasping the offense. He’s never had trouble grasping the offense, but he was a rookie so he goes through it. He’s much further ahead at this point than he was a year ago, for sure.”
The Jets signed first-round pick Sauce Gardner to his four-year rookie contract on Saturday. The contract is projected to be for $33.5 million based on the rookie slotted salaries and Gardner going fourth overall. He received a signing bonus of $21.5 million. The contract has a standard fifth-round option because he was a first-round pick.
The Jets released guard Greg Van Roten on Friday. Saleh did not rule out a return by Van Roten, who started 23 games over the last two years for the Jets.
https://embed.acast.com/51eb5108-f1a1-5e0b-b551-547d9fe42d98/62721288d66c090013b20949?accentColor=2a2a2a&bgColor=f6f6f6&font-family=proxima%20nova&logo=false&secondaryColor=cc3333“GVR is a phenomenal man. I really appreciated the time with him,” Saleh said. “It’s not over. Talking with [general manager] Joe [Douglas], we’d love to have him back as the offseason goes. GVR has a place in this league. I think he has starting opportunities at a few places. Just talking with Joe, thought maybe give him that opportunity to see if he can get somewhere to compete for a starting job. At the same time, the door’s not closed here. We’d love to have Greg back.”
Saleh said rookie TE Jeremy Ruckert is still dealing with a foot injury he suffered during his draft preparation. He is not sure if Ruckert will be a participant in OTAs in two weeks.
“We’re hoping so,” Saleh said. “We’ll see where he’s at again next week. I know he’s working through it. He’s feeling good. It’s just a matter of continuing to rehab.”
Saleh on fourth-round pick DE Micheal Clemons: “He absolutely loves ball. When he puts a helmet on, he goes to a very dark place. It reflects in his play and the effort and the violence at which he does it. At the same time, he is a pleasure to be around.” | https://www.newsbreak.com/news/2595899357566/jets-robert-saleh-sees-differences-in-zach-wilson-heading-into-year-2 | 2022-05-11T20:01:06Z | https://www.newsbreak.com/news/2595899357566/jets-robert-saleh-sees-differences-in-zach-wilson-heading-into-year-2 | true | 1 |
Eurovision 2022's second semi-final is taking place tomorrow night (Thursday, May 12) with 18 more countries competing to reach the legendary grand final. On Tuesday, during the first semi-final, 10 countries qualified for the final which will take place in Turin, Italy, on Saturday (May 14).
These 10 acts are: Switzerland, Armenia, Iceland, Lithuania, Portugal, Norway, Greece, Ukraine, Moldova and the Netherlands. They joined the Big 5 countries - the UK, France, Germany, Spain and Italy - which automatically qualify each year.
But tomorrow the finalists will be joined by 10 more acts who make it through the second semi-final. The semi-final will be presented by this year's Eurovision hosts Italian TV presenter Alessandro Cattelan, Italian singer Laura Pausini and Lebanese-born British singer Mika. It is understood that Mika and Laura Pausini will perform a duet during the interval.
Read more: Sophie Ellis-Bextor reveals why she turned down Eurovision judging role
Who's competing in Eurovision's second semi-final?
The acts competing in the second semi-final are: Australia, Azerbaijan, Cyprus, Finland, Georgia, Israel, Malta, San Marino, Serbia, Belgium, Czech Republic, Estonia, Ireland, Montenegro, North Macedonia, Romania and Sweden.
When is Eurovision 2022 semi-final 2 on and how to watch it?
The second semi-final takes place tomorrow from 8pm. You can watch it live on BBC Three. The UK hosts this year are Scott Mills and Rylan Clark.
Can UK viewers vote during the second semi-final?
Eurovision fans were not allowed to vote for their favourite acts during Tuesday's first semi-final, but they will be able to on Thursday. Viewers can vote by telephone, SMS and through the Eurovision app. More details will be available during the shows.
The Eurovision 2022 grand final will be on BBC One on Saturday, May 14, from 8pm. | https://www.walesonline.co.uk/lifestyle/tv/eurovision-semi-final-2-its-23933091 | 2022-05-11T20:05:40Z | https://www.walesonline.co.uk/lifestyle/tv/eurovision-semi-final-2-its-23933091 | true | 1 |
TEL AVIV, Israel–(BUSINESS WIRE)–The ability to offload production logistics, overcome challenges in the worldwide supply chain and ease of maintenance over in-house design are among key factors that will drive the System on Module (SoM) market for the next 5 years, according to experts at Variscite, a leading System on Module / Computer on Module provider.
Recent research by GM Insights estimated the SoM market size to be USD $1.5 billion in 2020 and poised to grow at a CAGR of 12 percent from 2021 to 2027. SoMs are an attractive option for embedded product manufacturers looking to leverage advantages of accelerated time-to-market, reduced development cost and risk, scalability, and ease of deployment and integration. These fully integrated systems provide the critical components needed to optimize product design, development and manufacture across a range of industries including medical, agriculture, automotive, control systems and multimedia.
Several of the factors that have created additional opportunities for higher volume implementation of SoMs today and for the near future over in-house chip-down design include:
- Increased complexity of design in both hardware and software
- Operational challenges caused by the pandemic and global chip crisis which have moved customers to SoMs
- Ease of platform maintenance with a SoM, especially these days when design changes are forced due to components not being readily available
- Price of SoMs becoming more attractive in general makes them viable in higher-volume production scenarios
“Companies are increasingly understanding the value of offloading the logistics of their designs to external SoM providers, which presents major market opportunities over the next few years,” said Ofer Austerlitz, VP Business Development and Sales of Variscite. “Of course, these opportunities can only be realized if SoM manufacturers are able to provide their clients with the stable lead times and availability needed to overcome the supply chain issues facing many organizations today.”
All Variscite production is performed in-house at fully ISO 13485, 9001 and 14001 compliant facilities, satisfying international customer and regulatory requirements for a broad range of industries. The company recently announced increased in-house manufacturing capabilities at its production and warehouse facilities by adding an additional production line to help bypass the component crisis due to the impact of COVID and supply chain challenges.
The company’s SoM portfolio includes products with a dedicated Neural Processing Unit (NPU) based on a 1.8GHz quad-core Cortex™-A53 iMX 8M Plus processor to align with the machine learning at the edge trend in the embedded systems market. Variscite has two SOMs that are based on the i.MX8 Plus processors, the VAR-SOM-MX8M-PLUS and the DART-MX8M-PLUS. Both are members of Variscite’s Pin2Pin families which provide a wide range of solutions from low-power and cost-sensitive entry point System on Modules, up to impressive power and multimedia performance solutions. In addition, Variscite’s eco-system includes extended boards with a dedicated AI processing unit, providing up to 26 TOPS that can be mounted on several i.MX8-based SoMs that have no integrated AI engine.
ABOUT VARISCITE
Variscite is a worldwide leading System on Module provider, setting the bar for embedded solutions since 2003 with high-quality modules. The company provides the broadest ARM-based SoM portfolio in the embedded market with a wide range of configuration options that cover an entire embedded product and application range; from entry-level to high-performance solutions. Variscite’s in-house production fully complies with the strict medical ISO13485 and ISO9001 standards. Along with the company’s ongoing online documentation and personal support as well as the generous longevity, the company’s customers are enjoying consistent, reliable products and services starting from the earliest development stages throughout the end product life-cycle.
Contacts
Variscite
sales@variscite.com
+972 (9) 9562910
https://www.variscite.com/
Joe Austin
joea@jprcom.com | https://www.01net.it/variscite-identifies-factors-accelerating-system-on-module-market/ | 2022-05-11T20:07:23Z | https://www.01net.it/variscite-identifies-factors-accelerating-system-on-module-market/ | true | 2 |
More than 250 pounds of ‘suspected’ marijuana seized by Colorado authorities in Wyoming
CHEYENNE, Wyo. (KKTV) - A K-9 unit is being hailed for getting more than 250 pounds of suspected illegal drugs off the streets.
On Wednesday, the Laramie County Sheriff’s Office shared details on the bust. On April 28 at about 11 in the morning, the sheriff’s office received a call for assistance from the Wyoming Highway Patrol. The suspect vehicle was on I-80 near Cheyenne. K9 Tyr was brought to the scene.
“K9 Tyr displayed a positive alert for the presence of illegal drugs inside the vehicle,” part of a post from the Laramie County Sheriff’s Office reads. “A subsequent search revealed just over 251 pounds of suspected marijuana inside the vehicle.”
The driver of the vehicle was not publicly identified in the post by the sheriff’s office.
Copyright 2022 KKTV. All rights reserved. | https://www.kktv.com/2022/05/11/more-than-250-pounds-suspected-marijuana-seized-by-colorado-authorities/ | 2022-05-11T20:08:42Z | https://www.kktv.com/2022/05/11/more-than-250-pounds-suspected-marijuana-seized-by-colorado-authorities/ | true | null |
SHC summons respondents in Dua Zehra case on May 19
KARACHI – The Sindh High Court (SHC) on Tuesday summoned the respondents in Dua Zehra marriage case to appear before the court on May 19.
The SHC also issued summons to the home department, Sindh Inspector General of Police, SSP and SHO.
Counsel for Dua’s parents told the court that his clients wanted to meet their child. Justice Muhammad Iqbal Kalhoro replied that the problem was that the girl had already given her statement to the police.
On the other hand, Ali Mehdi, Dua’s father, filed a petition in the court against the alleged kidnapping/forced marriage of his daughter.
Talking to media persons, Ali Mehdi demanded that his daughter be brought to the court so that she could get her statement recorded.
On April 25, it had been reported that there were conflicting reports about the recovery of teen age girl, Dua Zehra, who had gone missing a week ago from the Al-Falah area of Karachi. While on one hand, the Karachi police claimed that the girl had been found by Lahore police.
Earlier, the sources said she had reportedly tied the knot with a boy named Zaheer Ahmad who is resident of Lahore.
According to an earlier story, the police had also found the photocopy of Dua Zehra’s Nikah Nama. They took the girl in their custody and were ascertaining the originality of the Nikah document.
The girl reportedly stepped out of her house a week ago to dispose of garbage when she went missing. After the case was highlighted on social media, the Karachi police became active and started pursuing the case rigorously. | https://nation.com.pk/2022/05/11/shc-summons-respondents-in-dua-zehra-case-on-may-19/ | 2022-05-11T20:12:37Z | https://nation.com.pk/2022/05/11/shc-summons-respondents-in-dua-zehra-case-on-may-19/ | false | 1 |
BERLIN (AP) — Students at a high school in the western German town of Schleiden on Wednesday buried a longtime member of their community — a classroom skeleton that had served as an educational specimen for generations of pupils.
Around 80 students, teachers and town officials took part in the ceremony at Schleiden’s Protestant cemetery, where the bones of the unknown woman were buried in a small coffin featuring symbols of all major world religions.
“We are indeed laying to rest a member of the school community to their grave,” said Pastor Oliver Joswig.
The skeleton, dubbed Anh Bian — Vietnamese for “mysterious peace” — had been in the school’s biology department since 1952.
Students had for years years pushed for the woman’s remains to be buried, but plans to do so were delayed by the pandemic, German news agency dpa reported.
The school hopes eventually to learn more about the origins of the skeleton once the results of DNA samples taken from the bones are returned.
Biology lessons are now conducted using a plastic model. | https://www.conchovalleyhomepage.com/science-2/ap-science/peace-at-last-german-students-bury-classroom-skeleton/ | 2022-05-11T20:12:47Z | https://www.conchovalleyhomepage.com/science-2/ap-science/peace-at-last-german-students-bury-classroom-skeleton/ | true | 44 |
I’ve been spending some time lately testing out the EXR Rowing App, which I can best describe as a “Zwift for Rowers”. EXR is able to connect with a variety of rowers to create an online training platform with an excellent variety of workouts, gamification, and virtual locations. The app is now available on Apple TV, in addition to Mac, iOS, Android, and Windows.
The EXR Rowing App can connect to a variety of rowers including:
- Concept 2
- WaterRower S4 (with Bluetooth ComModule)
- First Degree Fitness (FluidRower)
- Technogym
- RP3
- Xebex
EXR Split
While there are a lot of features on the EXR Rowing App that I really dig, the most exciting one to me is what they call the “EXR Split.”
There are two big challenges that need to be solved in order to create a truly competitive rowing experience. The first is having to take in account which rower is being used, since each measure split times differently. For example, when I use a WaterRower, my split times tend to be a bit faster than when I’m on my Concept 2.
The second is being able to adjust for weight. A heavier person will almost always have an unrealistic advantage on an indoor rower. An advantage that does not hold up in reality, given that additional weight also slows down a rowboat. This is true in cycling as well, which is why competitive platforms like Zwift also adjust for each rider’s weight.
The EXR Split solves this issue, but adjusting split times with both the type of rowing machine and the weight of the user being considered. While a competitive mode is still in the works (more on this later), this will allow a 250lb member using a Concept 2 to have a fair competition against a 150lb member using a WaterRower.
While this can take a little getting used to (I am 196lbs so my times are a little slower with the EXR Split), I am excited to know that my rankings on EXR will be a true reflection of my rowing ability.
Power Zone Training
Power Zone Training is easily my favorite way to train for endurance. Power Zones are based on a personal FTP score which is how hard you can row for 60 minutes. Don’t worry about having to actually test this though. Instead you can choose a between a 20 min FTP Test or an easier “ramp up” version.
I have tested over six different connected fitness rowing programs, and this is the first that I have used to implement Power Zone Training. To see it here on EXR makes me a very happy rower.
After picking a location to row in, there are an impressive amount of pre-made workouts to choose from. However, be forewarned, EXR is unapologetically an app designed for the experienced in-door rower. You will not find a lot of workouts or guidance here for beginners.
You can also choose to “Just Row” (with options to set a goal time, meters, or calories burned) or you can create and save your own workouts with the EXR Training Editor.
The post workout data is also well organized and can be exported to third-party apps like Strava, TrainingPeaks, and the Concept2 Logbook.
EXR Mini-Games, challenges, and rewards
Another thing that EXR pulls off well here is the gamification. Not only are there a few mini-games like “Buoy Blast” and “Shark Attack,” but a wide variety of challenges, achievements, and rewards to collect.
As you complete workouts, you gain more XP to help level up your avatar. An avatar which you can full customize using coins you earn by completing achievements and daily/weekly/monthly challenges. It is well done and helps give a sense of progression that I have found to be missing in many other programs.
EXR is planning to expand this concept as they build the framework for an entire MMO (Massive Multiplayer Online) experience in addition to an upcoming “Competition Mode.”
Here is where EXR does fall a little short, since these two features are not yet available. With the recent introduction of the EXR Split, I would love to start setting up competitions with friends. For now, I will have to wait and do my best on ranking on some of race workouts like the 2k and 5k.
Membership
The EXR Rowing App offers a free 5-day trial for those who want check it out. What’s nice about this trial, is that the five free days are for days you actually row. Other days are not counted against you.
After the free trial is over, you have the option to pay monthly or sign up for a year. The monthly subscription costs $9.99. The year plan is about 20% cheaper and costs $96 ($7.99 per month).
Final thoughts
The EXR Rowing App has a lot of great features for the indoor rowing enthusiast. While it may not be a designed for beginners, it is a pleasure to use as an experienced indoor rower. With the wide variety of power zone training, gamification, and upcoming competitive mode using the new “EXR Split,” it has me exited to continue coming back.
Subscribe on YouTube for more Connected Fitness Tech News, Updates, Tips and Guides: | https://connectthewatts.com/2022/05/11/zwift-for-rowers-exr-rowing-app/ | 2022-05-11T20:13:11Z | https://connectthewatts.com/2022/05/11/zwift-for-rowers-exr-rowing-app/ | true | 1 |
The partners in Litigation and Dispute Resolution, Flavia Altério, Tiago Cortez and Taísa Oliveira, and the lawyers in the area, Aline Adestro, Gabriella Feres and Nathalia Abé, participated in the "Pre-Action Letters in Brazil: Overview", published by Practical Law – Thomson Reuters.
The document explains, in a practical and simplified way, the key issues to be considered before issuing or responding to a pre-action letter in Brazil.
To read the full content, click here.
*Reproduced from Practical Law with the permission of the publishers. For further information, visit practicallaw.com
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. | https://www.mondaq.com:443/brazil/arbitration-dispute-resolution/1192002/preaction-letters-in-brazil-overview | 2022-05-11T20:13:13Z | https://www.mondaq.com:443/brazil/arbitration-dispute-resolution/1192002/preaction-letters-in-brazil-overview | true | null |
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SAN FRANCISCO (AP) — Google on Wednesday took a big step toward pushing its Pixel product line-up down a road already paved by Apple and its array of trendsetting devices.
The latest additions to its six-year-old Pixel brand will include Google’s first smartwatch that draws upon the features and expertise it has gained from last year’s $2.1 billion acquisition of fitness gadget maker Fitbit.
The new watch, targeted for an autumn release, marks Google’s first major attempt to make its mark in wearable technology, a market that has been growing steadily since Apple introduced its smartwatch in 2014. Until now, Google’s presence in the smartwatch market had been limited to making a version of its mobile Android operating system for watches made by other companies.
Google also used its annual I/O developers conference to tease a Pixel tablet that it is scheduled for release next year to compete against Apple’s market-leading iPad.
Besides showcasing its upcoming devices, Google also previewed the next version of its Android operating system, which runs most of the world’s smartphones outside Apple’s iPhone. It also highlighted several advances in the field of artificial intelligence.
Google’s emphasis on new devices signals that a company best known for its dominant search engine and other popular internet software is confident it now has a better handle on how to design and manufacture hardware. It released its first Pixel smartphone in 2016.
“It takes a long time to build the capabilities, and now you are seeing very visibly that technology be expressed through many different products,” Rick Osterloh, the executive in charge of Google’s device division, told reporters earlier this week. “It was like an iceberg in that you didn’t see a lot what was happening underneath, but now you can really see all these things coming to the surface.”
Because it already brings more than $200 billion annually in digital ad sales, Google can afford to branch out into different directions and find new ways to connect with people, said Gartner analyst Tuong Nguyen.
Adding more products to the Pixel line-up “gives them another touch point to learn and experience things with people more directly,” Nguyen said. “Now, they not only be in your pocket, but now they can be on your wrist, and in your ears, too.”
Before launching its smartwatch, Google will be fleshing out its selection of Pixel phones with a new budget model called the 6a coming out in late July, along with its first set of wireless ear buds to include noise cancellation.
The Pixel 6a will include Google’s top-of-the line processor but sell for $449 -- a 25% discount from the slightly more sophisticated Pixel 6 released last fall. The Pixel Buds Pro will sell for $199. Both products are scheduled for a July 28 release.
Because it already brings more than $200 billion annually in digital ad sales, Google can afford to branch out into different directions and find new ways to connect with people, said Gartner analyst Tuong Nguyen.
Adding more products to the Pixel line-up “gives them another touch point to learn and experience things with people more directly,” Nguyen said. “They not only be in your pocket, but now they can be on your wrist, and in your ears, too.”
The watch will be the first product to test a privacy pledge that Google made to gain regulatory approval for its Fitbit takeover 16 months ago. As part of the deal, Google promised not to collect the health and fitness information accumulated through Fitbit features to sell digital ads that generate most of its revenue — a commitment that the company said it will honor with the new Pixel Watch.
Although they still aren’t anywhere as popular as phones, smartwatches continued to make significant inroads with projected worldwide shipments of 31.3 million units this year, up from 18.5 million in 2019 before the pandemic helped stoke even more demand for internet-connected gadgets.
Even after pouring billions of dollars into a hardware division that now employs thousands of people, Google hasn’t made major inroads.
Despite occasional glowing reviews, Pixel smartphones have less than a 1% share of the global market for the devices, according to the research firm International Data Corp. All told, IDC estimates that fewer than 30 million Pixel smartphones have been sold since the release of the first model nearly six years ago. By contrast, Apple shipped more than 56 million iPhones during the first three months of this year alone, according to IDC.
But IDC analyst Nabila Popal said there are signs that the Pixel smartphone line is starting to gain more traction. She believes the Pixel 6 would have sold even better than it already has were it not for chip shortages that have hurt a variety of products, increasing the chances that the lower priced 6a model will be “very well received.”
For its part, Google says the Pixel 6 already has outsold the Pixel 4 and Pixel 5 combined during its first six months on the market. | https://www.houstonchronicle.com/news/article/Google-adopts-an-Apple-like-approach-for-its-17165795.php | 2022-05-11T20:16:37Z | https://www.houstonchronicle.com/news/article/Google-adopts-an-Apple-like-approach-for-its-17165795.php | true | 55 |
Source: No, it’s not true that the government never banned private kombi operators – #Asakhe – CITE
At a time when the country is battling a crippling transport crisis as a result of the Zimbabwe United Passenger Company (ZUPCO)’s inefficiencies, the government has claimed it never banned operations of private kombi operators.
Speaking during a post-cabinet press briefing in Harare last Wednesday, Information, Publicity and Broadcasting Services, Monica Mutsvangwa, said the government had not barred private transport operators.
“Cabinet wishes to clarify that Government has not banned the operations of private contractors in the public transport sector,” said Mutsvangwa.
See below part of her speech:
Announcing Zimbabwe’s first-ever Covid-19-induced lockdown measures on March 27 2020 in Harare, President Emmerson Mnangagwa suspended all public transport operations, adding only ZUPCO and the Public Service Commission (PSC) buses would be allowed to transport people during the lockdown period.
“Only ZUPCO and Public Service Commission will be exempt from this directive,” said President Mnangagwa.
“Even then all ZUPCO buses are required to observe and enforce social distance and disinfection guidelines in the course of offering their services.”
Since then private kombi operators have not been allowed to resume their operation despite the Covid-19 situation having significantly improved.
The government later on through the Ministry of Local Government later made it mandatory for private transport operators who wanted to return to the road to register under the ZUPCO franchise even against their wishes.
The issue was unsuccessfully challenged at the High Court.
Older Post
Zesa unit surpasses output target | https://www.zimbabwesituation.com/news/no-its-not-true-that-the-government-never-banned-private-kombi-operators/ | 2022-05-11T20:16:37Z | https://www.zimbabwesituation.com/news/no-its-not-true-that-the-government-never-banned-private-kombi-operators/ | true | 2 |
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SAN FRANCISCO (AP) — Google on Wednesday took a big step toward pushing its Pixel product line-up down a road already paved by Apple and its array of trendsetting devices.
The latest additions to its six-year-old Pixel brand will include Google’s first smartwatch that draws upon the features and expertise it has gained from last year’s $2.1 billion acquisition of fitness gadget maker Fitbit.
The new watch, targeted for an autumn release, marks Google’s first major attempt to make its mark in wearable technology, a market that has been growing steadily since Apple introduced its smartwatch in 2014. Until now, Google’s presence in the smartwatch market had been limited to making a version of its mobile Android operating system for watches made by other companies.
Google also used its annual I/O developers conference to tease a Pixel tablet that it is scheduled for release next year to compete against Apple’s market-leading iPad.
Besides showcasing its upcoming devices, Google also previewed the next version of its Android operating system, which runs most of the world’s smartphones outside Apple’s iPhone. It also highlighted several advances in the field of artificial intelligence.
Google’s emphasis on new devices signals that a company best known for its dominant search engine and other popular internet software is confident it now has a better handle on how to design and manufacture hardware. It released its first Pixel smartphone in 2016.
“It takes a long time to build the capabilities, and now you are seeing very visibly that technology be expressed through many different products,” Rick Osterloh, the executive in charge of Google’s device division, told reporters earlier this week. “It was like an iceberg in that you didn’t see a lot what was happening underneath, but now you can really see all these things coming to the surface.”
Because it already brings more than $200 billion annually in digital ad sales, Google can afford to branch out into different directions and find new ways to connect with people, said Gartner analyst Tuong Nguyen.
Adding more products to the Pixel line-up “gives them another touch point to learn and experience things with people more directly,” Nguyen said. “Now, they not only be in your pocket, but now they can be on your wrist, and in your ears, too.”
Before launching its smartwatch, Google will be fleshing out its selection of Pixel phones with a new budget model called the 6a coming out in late July, along with its first set of wireless ear buds to include noise cancellation.
The Pixel 6a will include Google’s top-of-the line processor but sell for $449 -- a 25% discount from the slightly more sophisticated Pixel 6 released last fall. The Pixel Buds Pro will sell for $199. Both products are scheduled for a July 28 release.
Because it already brings more than $200 billion annually in digital ad sales, Google can afford to branch out into different directions and find new ways to connect with people, said Gartner analyst Tuong Nguyen.
Adding more products to the Pixel line-up “gives them another touch point to learn and experience things with people more directly,” Nguyen said. “They not only be in your pocket, but now they can be on your wrist, and in your ears, too.”
The watch will be the first product to test a privacy pledge that Google made to gain regulatory approval for its Fitbit takeover 16 months ago. As part of the deal, Google promised not to collect the health and fitness information accumulated through Fitbit features to sell digital ads that generate most of its revenue — a commitment that the company said it will honor with the new Pixel Watch.
Although they still aren’t anywhere as popular as phones, smartwatches continued to make significant inroads with projected worldwide shipments of 31.3 million units this year, up from 18.5 million in 2019 before the pandemic helped stoke even more demand for internet-connected gadgets.
Even after pouring billions of dollars into a hardware division that now employs thousands of people, Google hasn’t made major inroads.
Despite occasional glowing reviews, Pixel smartphones have less than a 1% share of the global market for the devices, according to the research firm International Data Corp. All told, IDC estimates that fewer than 30 million Pixel smartphones have been sold since the release of the first model nearly six years ago. By contrast, Apple shipped more than 56 million iPhones during the first three months of this year alone, according to IDC.
But IDC analyst Nabila Popal said there are signs that the Pixel smartphone line is starting to gain more traction. She believes the Pixel 6 would have sold even better than it already has were it not for chip shortages that have hurt a variety of products, increasing the chances that the lower priced 6a model will be “very well received.”
For its part, Google says the Pixel 6 already has outsold the Pixel 4 and Pixel 5 combined during its first six months on the market. | https://www.wiltonbulletin.com/news/article/Google-adopts-an-Apple-like-approach-for-its-17165795.php | 2022-05-11T20:17:34Z | https://www.wiltonbulletin.com/news/article/Google-adopts-an-Apple-like-approach-for-its-17165795.php | true | 55 |
PHILADELPHIA, Pa., May 11, 2022 (SEND2PRESS NEWSWIRE) — Agile, a groundbreaking fintech bringing mortgage lenders and broker dealers onto a single electronic platform, today announced the launch of Agile Chat, a new chat feature designed to increase transparency and efficiency between lenders and broker dealers.
With the addition of messaging functionality on Agile’s electronic MBS platform, dealers and lenders can discuss transaction details, trade levels, MBS pooling, and more through the embedded functionality. As Agile builds on its mission to digitize TBA MBS trading, the chat functionality has been designed to help close the gap between trading counterparties and encourage a sense of community.
“The new chat functionality deepens the lines of communication between dealers and lenders for a more efficient trading experience,” said Andrew Rhodes, Director of Technology at Agile. “We believe that every counterparty deserves access to a fair, efficient, and transparent marketplace, and we hope this feature will help streamline communication between lenders and dealers on our platform and further democratize TBA MBS trading.”
Agile Chat is enabled with retention and monitoring features for compliance and is ready for use on Agile’s electronic platform today. Chat will further enhance Agile’s TBA RFQ Platform and MBS Pool Bidding. The combined offerings give the MBS market participants the ability to achieve best execution from any device, anywhere and anytime.
To learn more about Agile’s award-winning software which enables lenders and dealers to gain much-needed efficiencies and data through technology, visit https://trade-agile.com/.
To schedule a demo of Agile’s new Agile Chat feature, please visit https://trade-agile.com/contact-us/.
About Agile:
The industry’s first MBS fintech, Agile brings together lenders and dealers of all sizes onto a single platform. Agile facilitates the exchange of TBA MBS by securing and automating communication between mortgage lenders and broker-dealers. Agile digitizes the historically phone-based process to an electronic platform which may improve profitability and efficiency, while reducing administrative errors. Through its competitive TBA RFQ digital platform, mortgage lenders gain access to national and regional broker-dealers previously inaccessible on digital platforms, while broker-dealers gain access to an ever-growing network of lenders.
Based in Philadelphia, Agile Trading Technologies supports a national network of clients with a team of capital markets professionals who have deep trading experience at financial organizations of every size.
Media Contact:
Vested
Agile@fullyvested.com
MULTIMEDIA:
*LOGO link for media: https://www.Send2Press.com/300dpi/21-0909s2p-agile-logo-300dpi.jpg
News Source: Agile Trading Technologies | https://www.send2press.com/wire/agile-launches-agile-chat-for-lenders-and-broker-dealers/ | 2022-05-11T20:18:28Z | https://www.send2press.com/wire/agile-launches-agile-chat-for-lenders-and-broker-dealers/ | true | 2 |
The President/General of the Universal Afrikan Peoples Organization, Zaki Baruti, returns to the WOL classroom. Brother Zaki will discuss the Spiritual & Political legacy of Malcolm X. Zaki will look at Brother Malcolms’ contribution to the Black Community. Before Brother Zaki, Khalid Raheem previews the National Black Radical Political Convention. The theme of the event is Building Principled Unity. The event will feature proposals, discussions & resolutions that advance Black Liberation.
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Zaki Baruti & Khalid Raheem l The Carl Nelson Show was originally published on woldcnews.com | https://blackamericaweb.com/2022/05/10/zaki-baruti-khalid-raheem-l-the-carl-nelson-show/ | 2022-05-11T20:19:14Z | https://blackamericaweb.com/2022/05/10/zaki-baruti-khalid-raheem-l-the-carl-nelson-show/ | true | 1 |
ORLANDO, Fl. -- Guardians of the Galaxy: Cosmic Rewind is one of the most technologically advanced attractions at Disney World, EVER! But what makes this indoor 'omni-coaster a cant miss attraction?
After wandering through the epic new Wonders of Xandar Pavilion, your favorite characters from Guardians of the Galaxy come to life as you are teleported to a Nova Starship orbiting earth.
"Our story takes place at Epcot with the Guardians," explains Spencer Lynn, A Walt Disney World Imagineer and the producer behind the new attraction. "We have Star Lord, Gamora, we have Drax the Destroyer, Rocket, and everyone's favorite, I am Groot," he continues. But that's not all. "We also have a brand-new villain that was developed just for the ride."
The attraction, which is one of the longest indoor roller coasters in the world, begins by launching guests backward into a thrilling adventure alongside the Guardians to save the galaxy.
"On top of all of that, we have an amazing ride system that actually allows us to pivot and swivel you we call it the 'omni coaster," explains Lynn. "We took all the learnings that we've had over the past however many years of Imagineering and put it all into one ride to get this amazing coaster experience you can only experience at Epcot."
Click here for more information about Guardians of the Galaxy: Cosmic Rewind.
Disney is the parent company of Localish.
Experience Disney World's Newest Attraction: Guardians of the Galaxy: Cosmic Rewind
By Michael Koenigs, Eduardo Sanchez, and Rachel Jandak | https://abc7chicago.com/guardians-of-the-galaxy-cosmic-rewind-gallaxy-epcot-disney-world/11834529/ | 2022-05-11T20:21:12Z | https://abc7chicago.com/guardians-of-the-galaxy-cosmic-rewind-gallaxy-epcot-disney-world/11834529/ | true | 5 |
FAIRFIELD, Iowa (WHO) – A judge’s ruling means one of the Fairfield teens accused of killing a high school Spanish teacher will not have his case moved to juvenile court.
Seventeen-year-old Jeremy Goodale is charged with first-degree murder and conspiracy to commit murder in the death of 66-year-old Nohema Graber. Willard Miller faces the same charges. Both were 16 at the time of the murder back in November of 2021.
According to Iowa law, juveniles 16 and older are automatically charged as adults for crimes that are forcible felonies — like first-degree murder.
Both teens sought waivers of their case to juvenile court, but a ruling in Miller’s case has not yet been released.
In Judge Shawn Showers’ ruling, he states, “…the Court finds there are no reasonable prospects for rehabilitating the Defendant in juvenile court. The juvenile court’s dwindling time to rehabilitate the Defendant is simply insufficient for a crime of such magnitude based on the nature of the offenses described in the minutes of testimony. Dr. Payne’s opinion that the Defendant possesses multiple characteristics that would aid him in progressing through a treatment plan may be correct. However, it would not be in the best interests of the Defendant or the community to transfer jurisdiction to the juvenile court where only limited services are available for a short window.”
Goodale’s trial has been scheduled to start on August 23. A venue has yet to be determined. | https://www.siouxlandproud.com/news/iowa-news/judge-denies-iowa-teens-waiver-to-juvenile-court-murder-trial-date-set/ | 2022-05-11T20:25:05Z | https://www.siouxlandproud.com/news/iowa-news/judge-denies-iowa-teens-waiver-to-juvenile-court-murder-trial-date-set/ | false | 2 |
Scottish Government
Annual Housing Statistics, 2020-21
A National Statistics Publication for Scotland.
The latest compendium annual housing statistics were yesterday published by Scotland’s Chief Statistician.
This release covers annual statistics up to the financial year 2020-21 on total new housing supply in Scotland across all sectors, along with information on various elements of local authority housing such as stock, lettings, evictions and housing lists. Latest stock by tenure estimates are also included, although these cover the period up to 31 March 2020 due to the time periods of the available source data.
The publication incorporates figures covering the latest two years since the previous annual housing statistics were last published in September 2019, with the subsequent publications having been delayed due to the impacts of COVID-19 on data provision and staff resourcing. The figures presented for 2020-21 will reflect impacts of the COVID-19 pandemic, affecting levels of housing supply and various aspects of local authority housing across this period.
The statistics show that:
- Newly collected figures from local authorities show that there were 452 all-sector net new housing dwellings from conversions in 2020-21, a decrease of 223 homes (33%) on the 675 net new dwellings in 2019-20, with levels of conversions activity in 2020-21 being affected by the COVID-19 pandemic.
- Total new housing supply in 2020-21 was 15,360 homes, based on combining the newly collected figures on net conversions with previously published figures on all-sector new housebuilding completions and affordable housing supply rehabilitations. This is a decrease of 7,687 homes (33%) on the 23,047 homes in 2019-20, and is the first annual decrease in total new housing supply since 2012-13, reflecting the impact of the COVID-19 pandemic across different types of housing supply activity.
- As reported on in previous quarterly housing statistics releases, the financial year 2020-21 saw decreases in completions for housing association new builds by 1,840 homes (44%), private-led new builds by 5,344 homes (33%), local authority new builds by 57 homes (4%), and refurbishments by 223 homes (67%). However, the more recent 12-month period to June 2021 has seen an increase of 1,751 homes (10%) in all-sector new housebuilding completions compared with the previous year.
- As at 31 March 2020 there were an estimated 2.6 million dwellings in Scotland, with an estimated 58% of dwellings being owner-occupied, 4% being vacant or second homes, 15% being private rented or where the household is living rent free, and 23% being social rented properties.
- As at 31 March 2021 there were a total of 318,369 local authority dwellings, an increase of 1,461 (0.5%) on the 316,908 dwellings in 2020, and the third consecutive annual increase in local authority stock since 2018. Separate figures from the Scottish Housing Regulator show that housing association stock increased by 1,539 (0.5%) to 292,951 dwellings over the year to 31 March 2021, which results in total social sector housing stock of 611,320 dwellings as at 31 March 2021, compared to 608,320 dwellings in the previous year.
- Local authorities reported 9,813 units of vacant stock as at 31 March 2021, an increase of 18% (1,482 units) on the 8,331 units in the previous year, with some of this increase likely to have been due to the impacts of the COVID-19 pandemic.
- During 2020-21 there were 19,630 permanent local authority lettings made, a decrease of 6,376 lets (25%) compared with the previous year, with the total number of lets made likely to have been affected by COVID-19 restrictions.
- There were 32 local authority tenancy terminations (evictions and abandonments) in 2020-21, a decrease from the 1,151 terminations in 2019-20 due to restrictions on evictions brought in due to COVID-19 legislation.
- As at 31 March 2021, 178,260 applications were recorded on local authority or common housing register housing lists, an 8% increase on the 164,946 applications recorded in 2020, with the figure in the latest year likely to have been affected by the COVID-19 pandemic, which led to a reduction in the overall number of local authority lets during 2020-21.
- There were 14,862 houses in multiple occupation (HMO) licences in force as at 31 March 2021, with more than 90% accounted for by six local authorities – Aberdeen City, Dundee City, City of Edinburgh, Fife, Glasgow City, and Stirling.
- In 2020-21, 4,516 scheme of assistance grants were paid to private home owners, a 42% decrease (or 3,207 fewer grants) than 2019-20. Scheme of Assistance grants totalled £18.5 million, which is around £8 million less than in 2019-20.
Background
Read the full statistical publication
This is an annual publication which brings together newly collected figures from local authorities on council housing stock and housing management, with previously published figures on new housebuilding and affordable housing supply. It also includes figures from other sources, such as housing association stock levels from the Scottish Housing Regulator, with the aim of producing a comprehensive summary of housing statistics in Scotland.
Background information including Excel tables and explanatory information on data sources and quality can be found in the Housing Statistics webpages.
Original article link: https://www.gov.scot/news/annual-housing-statistics-2020-21/ | https://www.wired-gov.net/wg/news.nsf/articles/annual+housing+statistics+202021+11052022150500?open | 2022-05-11T20:26:13Z | https://www.wired-gov.net/wg/news.nsf/articles/annual+housing+statistics+202021+11052022150500?open | true | 1 |
The tiniest babies: Shifting the boundary of life earlier
BIRMINGHAM, Ala. (AP) — Growing numbers of extremely premature infants are getting lifesaving treatment and surviving. Over the last half century, medical science has slowly shifted the boundary of what is known as viability ever earlier. While the concept of viability has long been associated with the abortion debate, it is a changing line that has little to do with most abortions. More than 99% of abortions occur at or before 21 weeks, according to federal statistics. It is a real concern for doctors, though, as they try to care for these children, who are highly susceptible to disabilities such as cerebral palsy, cognitive impairments, blindness and severe lung problems. | https://ktvz.com/news/ap-national-news/2022/05/11/the-tiniest-babies-shifting-the-boundary-of-life-earlier-2/ | 2022-05-11T20:26:23Z | https://ktvz.com/news/ap-national-news/2022/05/11/the-tiniest-babies-shifting-the-boundary-of-life-earlier-2/ | false | null |
CHARLOTTE, N.C., May 11, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that Kent Masters, chief executive officer, and Scott Tozier, chief financial officer, will present at the 2022 Jefferies Renewable Energy Conference in London on May 24, 2022, at 11:00 am ET.
The presentation materials and a webcast will be accessible at the time of the event through the Events and Presentations page on Albemarle's website at http://investors.albemarle.com. A webcast replay will be posted to the company's website immediately following the conclusion of the event.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.
We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses, and the markets it serves.
View original content to download multimedia:
SOURCE Albemarle Corporation | https://www.kjct8.com/prnewswire/2022/05/11/albemarle-corporation-present-2022-jefferies-renewable-energy-conference/ | 2022-05-11T20:30:14Z | https://www.kjct8.com/prnewswire/2022/05/11/albemarle-corporation-present-2022-jefferies-renewable-energy-conference/ | false | 10 |
League of Women Voters Guide available for Primary Runoff Election
AMARILLO, Texas (KFDA) - Voters Guides for the May 24, Primary Runoff Election will be distributed around Amarillo this week.
The Voters Guides cover the runoff elections for state, district, and local offices.
The Guide will be available at libraries, grocery stores, senior centers, and coffee shops. It will provide polling places and times, and list all the candidates on the runoff ballots.
The Guide will also direct voters to the League’s online Guide, where voters can enter their address to find the races on their ballot and read the candidates’ answers to questions posed by the League.
Early voting for the May 24, election runs from May 16, to May 20, but there will not be any weekend voting.
Election Day is May 24, and mail-in ballots must be received by that day.
Copyright 2022 KFDA. All rights reserved. | https://www.newschannel10.com/2022/05/11/league-women-voters-guide-available-primary-runoff-election/ | 2022-05-11T20:31:12Z | https://www.newschannel10.com/2022/05/11/league-women-voters-guide-available-primary-runoff-election/ | true | null |
US customs officers find rare destructive beetle in fruit boxes at US-Mexico border
Published: May. 11, 2022 at 3:21 PM EDT|Updated: 1 hour ago
(CNN) - U.S. Customs and Border Protection officers spotted a rare insect trying to hitch a ride across the U.S.-Mexico border earlier this month.
According to the agency, the insect was spotted on May 2 at the Pharr International Bridge in Texas.
CBP agriculture specialists report they discovered the Cochabamba beetle inside a shipment of fruit. Officials said the beetle is a rare pest usually found in Central and South America and never seen before at a U.S. port of entry.
U.S. customs said the beetles are destructive and cause agricultural and economic damage. The fruit shipment was returned to Mexico.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.walb.com/2022/05/11/us-customs-officers-find-rare-destructive-beetle-fruit-boxes-us-mexico-border/ | 2022-05-11T20:31:30Z | https://www.walb.com/2022/05/11/us-customs-officers-find-rare-destructive-beetle-fruit-boxes-us-mexico-border/ | true | null |
SAN DIEGO, May 11, 2022 (GLOBE NEWSWIRE) -- Maravai LifeSciences, Inc. ( MRVI), a global provider of life science reagents and services to researchers and biotech innovators, is scheduled to participate in the following investor conferences during the months of May and June.
On May 25th, 2022, at 7:45 a.m. PT, Kevin Herde, Chief Financial Officer, will participate in a fireside chat at the UBS Global Healthcare Conference being held in New York City, New York.
On June 8th, 2022, at 8:40 a.m. PT, Mr. Herde will present at the William Blair Growth Conference being held in Chicago, Illinois.
On June 14th, 2022, at 2:40 p.m. PT, Mr. Herde will participate in a fireside chat at the Goldman Sachs Global Healthcare Conference being held in Rancho Palos Verdes, California.
A live webcast of the presentations will be available to all interested parties on the Maravai LifeSciences Investor Relations website, under Events and Presentations. An archived version of the webcasts will also be available on the Maravai website following the completion of each event.
About Maravai
Maravai is a leading life sciences company providing critical products to enable the development of drug therapies, diagnostics, and novel vaccines and to support research on human diseases. Maravai’s companies are leaders in providing products and services in the fields of nucleic acid synthesis and biologic safety testing to many of the world's leading biopharmaceutical, vaccine, diagnostics, and cell and gene therapy companies. For more information about Maravai LifeSciences, visit www.maravai.com.
Contact Information: Media Contact: Sara Michelmore MacDougall Advisors +1 781-235-3060 [email protected] Investor Contact: Deb Hart Maravai LifeSciences + 1 858-988-5917 [email protected] | https://www.gurufocus.com/news/1709364/maravai-lifesciences-announces-may-and-june-2022-investor-conference-schedule | 2022-05-11T20:32:50Z | https://www.gurufocus.com/news/1709364/maravai-lifesciences-announces-may-and-june-2022-investor-conference-schedule | true | 8 |
DC Health on Wednesday said that its COVID-19 statistics are once again being transmitted to the Centers for Disease Control and Prevention after a gap of nearly two weeks.
“This week, it was discovered that between April 27, 2022, and May 8, 2022, the data that [are] normally submitted manually [were] not being submitted to the CDC,” DC Health said in a statement. During that period, the department said, there were 1,062 new cases and no deaths, adding that the transfer of data has been restored.
That said, the numbers on the District’s own coronavirus dashboard were unaffected.
“The data [are] updated every Wednesday and [were] accurately updated on Wednesday, May 4, and will again be updated today,” the department said.
Separately, DC Health said last week that its wastewater surveillance program is moving forward, but that a launch date for the program isn’t available yet.
D.C. is in the “low” community transmission category, according to CDC data. | https://wtop.com/dc/2022/05/dc-health-districts-coronavirus-numbers-back-in-sync/ | 2022-05-11T20:33:37Z | https://wtop.com/dc/2022/05/dc-health-districts-coronavirus-numbers-back-in-sync/ | false | 1 |
The Law on the Amendment to the Consumer Protection and Property Ownership Law numbered 7392 ["Amendment Law"] was published in the Official Gazette on April 1, 2022. Most changes will enter into force six months later, i.e., as of September 1, 2022. In this article, we will explain the significant amendments introduced to the Consumer Protection Law No. 6502 ["CPL"] as per the Amendment Law [available in Turkish only].
Amendments in Consumer Loans and Housing Finance
The banks required insurance in loans requested by consumers and they usually accordingly imposed an insurance policy on the consumers along with the loan agreement. With the amendment, it is now mandatory to provide a loan package that does not include an insurance contract to the consumer. This amendment is intended to prohibit banks from requiring insurance while providing loans. This amendment has also been implemented in terms of housing finance contracts, with the goal of protecting consumers from ancillary financial products and services, which are a significant cost factor.
Delivery Period of Prepaid Housing Sales Extended
In prepaid house transactions, the maximum transfer or delivery period was increased from 36 months to 48 months from the contract date. As a result, the contractor companies' project completion period is now 48 months.
New Liabilities for E-Commerce Platforms
The Amendment Law regulates the liabilities in distance contracts in which intermediary service providers, such as e-commerce platforms, are parties and in which they are jointly and severally liable with the seller or provider. In this respect, for instance, e-commerce platforms are now jointly and severally liable for confirming and proving to provide preliminary information to the consumer with the seller or provider. Also, intermediary service providers must implement a continuous system to ensure the communication and follow-up of consumer demands regarding the issues set forth in the relevant regulations. [You can read our article regarding the liability of e-commerce platforms for defective goods and services.]
Amendments in After-Sales Services
Manufacturers and importers' liability for after-sales services will no longer be restricted to the warranty period, but rather to the product's expected life period as determined by the Ministry of Trade of the Republic of Turkey. Otherwise, manufacturers and importers will be required to reimburse consumers for their losses. As a result, manufacturers and importers will be jointly liable for any product defects that arise after the expiration of the warranty period.
The Authority of Consumer Arbitral Tribunals Was Expanded
The monetary limit for applications to consumer arbitration committees has been increased by the Amendment Law, and it has been regulated that disputes up to 30,000.00 TRY will be heard in consumer arbitration committees in 2022. Another amendment in favor of the consumer is that if an existing information or document that has not been submitted to the consumer arbitration tribunal is submitted to the consumer court by the objecting party and the decision of the said committee is annulled, no litigation expenses and attorney's fees will be imposed against the consumer.
Refurbished Products Will Have a 1 Year Warranty
With the Amendment Law, unity has been achieved between the CPL and the Regulation on the Sale of Refurbished Products, and accordingly, it is now mandatory to provide a guarantee of at least one year from the date of delivery to the consumer for products that were refurbished by improving their hardware, software, or physical features and offered for sale.
Penalties are Now More Deterrent
Administrative fines for sellers, manufacturers, importers, and intermediary service providers have been increased, and the penalty of imprisonment has been instituted for breaches of liabilities regarding timeshare vacations. On the other hand, the Board of Advertisement can now decide to block access to content in CPL violations committed by online advertisers.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. | https://www.mondaq.com:443/turkey/doddfrank-consumer-protection-act/1191632/recent-significant-amendments-in-the-consumer-protection-law-of-turkey | 2022-05-11T20:35:14Z | https://www.mondaq.com:443/turkey/doddfrank-consumer-protection-act/1191632/recent-significant-amendments-in-the-consumer-protection-law-of-turkey | false | 1 |
ROYAL FAMILY
Word-perfect duchess cracks the Times crossword
new
The Duchess of Cambridge has found the ideal way to brighten up a royal visit by helping a flummoxed student to complete the Times crossword.
The duchess revealed her hidden talent as a cruciverbalist during a visit to the University of Glasgow campus where she and Prince William spent 20 minutes meeting students.
Jack Baird, 21, a second-year student, caught the duchess’s eye waving a copy of an old crossword puzzle from The Times. One answer was eluding him: the one about the royal family. The duchess, who has a 2:1 degree in the history of art, grabbed the print-out and offered to help.
The clue concerned a subject on which she should be well-briefed: the Queen’s financial arrangements. Kate was, apparently, “thrilled” | https://www.thetimes.co.uk/article/word-perfect-kate-cracks-the-times-crossword-jw3ffhzr3 | 2022-05-11T20:36:06Z | https://www.thetimes.co.uk/article/word-perfect-kate-cracks-the-times-crossword-jw3ffhzr3 | false | null |
ANAHEIM, Calif. (AP) — Los Angeles Angels rookie Reid Detmers has a no-hitter through eight innings against the Tampa Bay Rays, a bid that survived a borderline error call in the seventh.
The 22-year-old has thrown 94 pitches Tuesday night, striking out two and walking one. The Angels lead 8-0.
Brett Phillips reached with one out in the seventh when first baseman Jared Walsh ranged to his right and bobbled Phillips’ grounder. The crowd cheered and Walsh clapped moments later when the videoboard showed the official scorer ruled it an error.
Harold Ramirez hit a fly ball to the warning track in left-center before it was caught by Brandon Marsh and Arozarena flew out to center to end the inning.
Detmers got three flyouts in the eighth on 11 pitches.
Detmers retired his first 15 hitters before Taylor Walls drew a lead-off walk in the sixth. Anthony Rendon then made a nice leap to snag Vidal Bruján’s line drive, and Kevin Kiermaier ground into a double play to end the inning.
Detmers made a nice defensive play in the fifth when he quickly snagged a grounder up the middle by Randy Arozarena.
The left-hander is attempting to throw the majors’ second no-hitter this season after five New York Mets’ pitchers combined for one against the Philadelphia Phillies on April 29. There were a record nine no-hitters across the majors last season.
Detmers is making his 11th career start. He was the 10th overall pick in the 2020 draft out of the University of Louisville and made his big-league debut last year.
Detmers came into the game with a 2-4 career mark and a 6.33 ERA. He was 1-1 with a 5.32 ERA in his first five starts this season.
It is the first time Detmers has gone even seven innings in a game. His previous career best was six innings last season against Houston.
The Angels’ last no-hitter was on July 12, 2019, when Taylor Cole and Félix Peña combined for one against the Seattle Mariners in the team’s first home game following the death of starting pitcher Tyler Skaggs.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://www.wearecentralpa.com/sports/ap-sports/angels-lefty-reid-detmers-has-no-hitter-thru-6-against-rays/ | 2022-05-11T20:36:37Z | https://www.wearecentralpa.com/sports/ap-sports/angels-lefty-reid-detmers-has-no-hitter-thru-6-against-rays/ | false | 30 |
Netflix will accelerate radical changes to its service by introducing a cheaper advertising-supported tier and crackdown on password sharing by the end of the year.
When Netflix executives first flagged the moves, the timing for the ad-supported option was to be "within two years".
Now it's a matter of months, not years, and the password crackdown will happen at the same time.
The turbocharged timetable was revealed by The New York Times, citing an internal note that was leaked to the publication by two staffers whose identities were withheld.
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Advertise with NZME.According to the NYT, the note said, "Yes, it's fast and ambitious and it will require some trade-offs." It did not specify what those "trade-offs" may be.
For years Netflix has vowed it would never incorporate advertising on its platform, so the move is a drastic turnaround. The announcement follows a horror start to 2022 which has seen the streaming giant's stock price hammered by 70 per cent, resulting in the loss of tens of billions of dollars in its market value.
In April, Netflix revealed it suffered a net loss of 200,000 subscribers in the first three months of the year, well below its own forecasts and its first backslide in a decade. It also said it anticipated a further shedding of 2.4 million in the current quarter.
While Australia doesn't currently have any paid streaming services with a lower-priced ad-supported tier, the practice is more established in the US where Paramount+, HBO Max, Peacock and Hulu all have the option. Disney also announced in March it will introduce a cheaper ad-supported tier on Disney+.
While Disney and Netflix haven't unveiled prices, on average, ad-supported tiers on other US services is roughly half the price.
The Netflix note appeared to justify its about-turn by pointing to its rivals.
"Every major streaming company excluding Apple has, or has announced, an ad-supported service. For good reason, people want lower-priced options."
Netflix's embrace of advertising will open a separate revenue stream for the company while also attracting a new slate of customers who may have been reluctant to sign up due to cost. It could also potentially stymie churn and cancellations at a time when consumers are hit by rising cost of living and inflationary pressures.
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Advertise with NZME.The company also reaffirmed its plans to recoup costs lost to password sharing, where customers give their passwords to friends and family outside of their household. The common practice is forbidden in the terms and conditions but 100 million out of its 222 million members does it.
While Netflix has previously said cracking down on it wasn't a priority, it's now keen to go after the moochers.
The service is trialling a feature in Costa Rica, Peru and Chile in which customers who share their passwords are charged another fee, between $3 and $4 for each extra household.
It's been a tumultuous three weeks for Netflix since it reported its latest financials. In addition to the changes to advertising and password sharing, the company is also cutting costs.
It sacked its head of animation and several staff in the same department while cutting a raft of in-production projects including Meghan Markle's forthcoming series Pearl as well as an adaptation of Jeff Smith's Bone.
It also cancelled Steve Carell series Space Force, the Michael B. Jordan-produced superhero show Raising Dion and canned the sequel to Will Smith fantasy movie Bright. | https://www.nzherald.co.nz/entertainment/netflix-accelerates-advertising-and-password-changes-including-cheaper-tier/KHWA65NCTTDFWS6UV226JWO2DQ/?c_id=1501119&objectid=12523784 | 2022-05-11T20:37:55Z | https://www.nzherald.co.nz/entertainment/netflix-accelerates-advertising-and-password-changes-including-cheaper-tier/KHWA65NCTTDFWS6UV226JWO2DQ/?c_id=1501119&objectid=12523784 | true | 2 |
Maria Alyokhana, leader Pussy RiotShe escaped from Russia by posing as a food courier to avoid the Moscow police. New York times reports.
why does it matter: Alyokhina was to spend 21 days in a penal colony, but she left the country before she was taken into custody by the Moscow police.
What happened: The The Pussy Riot leader threw a disguise at the food courier to avoid Moscow police who were stuck outside her friend’s apartment where she was staying, The New York Times reports.
- She left her cell phone to fool the police and avoid any tracking.
- A friend then drove Alyokhina to Russia’s border with Belarus and traveled to Lithuania within a week.
The Big Picture: Pussy Riot, founded in 2011 in Russia, is known for organizing protests in the country to promote civil liberties.
- Russian President Vladimir Putin The band is often criticized.
- Pussy Riot . members They have faced arrests over the years. Alyokina was sentenced to two years in prison in 2012 after the band organized a protest against Putin.
- Yukine has recently criticized Russia for its invasion of Ukraine.
what are they saying: “I don’t think Russia has the right to exist anymore,” Aliukhina told The Times.
- Before the Russian invasion of Ukraine, she said, “there were questions about how it would unite, what values it would unite in, and where it would go. But now I don’t think that’s a question anymore.” | https://www.southsudannewsagency.org/pussy-riot-leader-maria-elyokhana-has-escaped-from-russia/ | 2022-05-11T20:38:58Z | https://www.southsudannewsagency.org/pussy-riot-leader-maria-elyokhana-has-escaped-from-russia/ | false | 1 |
Investigators in South Carolina have made a breakthrough in an unusual homicide case involving a man who they believe killed a woman in his backyard — then suffered a heart attack and died as he attempted to bury her.
Local sheriff's deputies and paramedics say they were initially called to the house in Trenton, S.C., after receiving a report of an unresponsive man lying in his yard. When they arrived at the scene, they found the collapsed body of Joseph McKinnon, 60. Also nearby: the body of Patricia Ruth Dent, 65, wrapped in trash bags, lying in a freshly dug pit.
While investigators believed McKinnon may have died of natural causes, they immediately suspected foul play in Dent's death. That scenario was confirmed this week by the coroner, whose autopsy report found that McKinnon had suffered a cardiac arrest and Dent had been strangled.
The pair had been living together at the address in a rural area of Trenton, the sheriff's office said.
"Evidence gathered at the scene, along with statements from witnesses aided investigators to build a timeline, leading us to believe that Mr. McKinnon attacked Ms. Dent while inside their home," Sheriff Jody Rowland and Coroner David Burnett of Edgefield County said in a joint statement sent to NPR.
"Mr. McKinnon then bound her and wrapped her in trash bags before putting her in the previously dug pit," the statement said. "The pit was then partially filled in by Mr. McKinnon. While covering the pit, Mr. McKinnon had the cardiac event, causing his death."
Dent's twin sister, Pamela Briggs, told local TV station WRDW that she was shocked by her sister's death.
"Everybody who ever met her liked her. She was just full of energy. She was 65 and working," she said.
Dent worked at the nearby Mount Vintage Golf Club, according to the incident report. Her body wasn't immediately discovered when first responders were called about McKinnon.
Deputies began looking for Dent after a deputy coroner found her wallet at her home on Saturday. At the time, they were starting the process of investigating and notifying loved ones of McKinnon's death.
But then the golf course confirmed that Dent hadn't come to work or called in on Saturday, prompting investigators to take a closer look at the large hole dug in the garden area of the yard, where Dent's body was found.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wksu.org/npr-news/npr-news/2022-05-11/a-man-died-of-a-heart-attack-while-burying-a-woman-he-killed-s-c-sheriff-says | 2022-05-11T20:39:15Z | https://www.wksu.org/npr-news/npr-news/2022-05-11/a-man-died-of-a-heart-attack-while-burying-a-woman-he-killed-s-c-sheriff-says | false | 12 |
Internet troll faces trial after Capitol riot plea fizzles
(AP) - A federal judge scheduled a trial next year for a far-right internet troll after the man, known to his social media followers as “Baked Alaska,” balked at pleading guilty on Wednesday to a criminal charge stemming from the U.S. Capitol riot.
U.S. District Judge Emmet Sullivan refused to accept a guilty plea by Anthime Gionet after he professed his innocence at the start of what was scheduled to be a plea agreement hearing. Instead, the judge set a March 2023 trial date for Gionet, who is charged with a misdemeanor count of parading, demonstrating or picketing inside a Capitol building.
“If he wants a trial, he’ll get a fair trial,” Sullivan said.
After privately conferring with Gionet’s lawyers, Assistant U.S. Attorney Elizabeth Aloi said prosecutors would leave the plea offer open for 60 days. The judge scheduled a July 22 status hearing for the case.
Gionet would have faced a maximum sentence of six months imprisonment if he had pleaded guilty to the misdemeanor.
During the riot on Jan. 6, 2021, Gionet streamed live video that showed himself inside the Capitol and repeatedly encouraging other rioters to stay there. He joined others in chanting, “Patriots are in control” and “Whose house? Our house!” Before leaving, he profanely called a police officer an “oathbreaker,” the FBI said.
Gionet told the judge that he wanted a trial but claimed prosecutors had threatened to “hit” him with an additional felony charge.
“So I think this is probably the better route,” he added.
“Are you pleading guilty because you’re guilty?” Sullivan asked.
“I believe I’m innocent, your honor,” Gionet replied.
“I can’t take your plea of guilty if you tell me you’re innocent,” the judge said.
Aloi said prosecutors never threatened to charge Gionet with a felony if he didn’t take the plea deal.
“We did say that the case would continue to be investigated and where the facts led is where the charges would ultimately lead,” she said.
“I accept that representation,” the judge said. “Your office has proceeded in a very honorable manner.”
Gionet’s lawyer has claimed he only went to Washington, D.C., to document what happened that day. Prosecutors disputed Gionet’s contention that he is a member of the news media.
Other riot defendants have argued that they merely went to the Capitol as journalists to document what happened on Jan. 6. Infowars host Jonathan Owen Shroyer has asked a judge to throw out his riot charges, accusing prosecutors of trampling on his First Amendment rights to “protest, speak freely and report the news.”
Federal authorities have used Gionet’s video to prosecute other rioters, including three men from New York City. Antonio Ferrigno, Francis Connor and Anton Lunyk pleaded guilty on April 28 to riot-related charges. Gionet’s livestream showed them in Sen. Jeff Merkley’s office, according to court filings accompanying their plea agreements.
Gionet was arrested in Houston less than two weeks after the riot. He has moved from Arizona to Florida since his arrest.
Gionet, who grew up in Anchorage, Alaska, used social media to build a following in far-right political circles. He became known for posting videos in which he attempts to troll or pull pranks on his targets He was scheduled to speak at the white nationalist “Unite the Right” rally in Charlottesville, Virginia, before it erupted in violence and bloodshed in 2017.
BuzzFeed, where Gionet once worked, reported that Twitter permanently banned him from its platform after the Charlottesville rally.
In January, Gionet was sentenced to 30 days in jail for misdemeanor convictions stemming from a December 2020 encounter in which authorities say he shot pepper spray at an employee at a bar in Scottsdale, Arizona.
More than 790 people have been charged with federal crimes related to the Capitol riot. Over 280 of them have pleaded guilty, mostly to misdemeanors, and over 170 have been sentenced. Approximately 100 others have trial dates.
Copyright 2022 The Associated Press. All rights reserved. | https://www.nbc29.com/2022/05/11/internet-troll-faces-trial-after-capitol-riot-plea-fizzles/ | 2022-05-11T20:39:21Z | https://www.nbc29.com/2022/05/11/internet-troll-faces-trial-after-capitol-riot-plea-fizzles/ | false | 34 |
Six candidates competing to become the next leader of the Conservative Party of Canada will meet on stage tonight for the first of two official debates.
The event in Edmonton comes less than a week after five out of the six contenders put on a feisty performance during an unofficial debate in Ottawa, where much focus was paid to fighting COVID-19 mandates and the recent convoy protest in the streets around Parliament Hill.
Tonight, candidates will field questions on topics such as the future of energy, the environment, law and order, the cost of living and the North.
This debate will feature Patrick Brown, the mayor of Brampton, Ont., whose campaign said he chose to sell party memberships last week instead of attending the Ottawa event.
His opponents include longtime MP Pierre Poilievre, whom Brown recently criticized for offering up what he called “wacky investment advice” for having said that the cryptocurrency Bitcoin was a solution to inflation.
Poilievre also found himself on the defensive last week against fellow MP Leslyn Lewis, who laid into him over the authenticity of his support for those opposing pandemic mandates, as well as his position on social conservative issues.
Lewis, who opposes abortion, placed third in the party’s 2020 leadership race and is once again enjoying considerable backing from groups who believe in restricting access to the procedure.
That issue has remerged in light of a recently leaked draft opinion from the U.S. Supreme Court, which suggests it may overturn a countrywide law protecting abortion rights in that country.
The anti-abortion organization Campaign Life Coalition staged a press conference in front of the Supreme Court of Canada on Wednesday morning, where Jack Fonseca, its director of political operation, highlighted Lewis as being the only anti-abortion candidate in the race.
He said she’s offering “common sense” policies, like banning so-called sex-selective abortions and promising to protect women from being coerced into having the procedure.
Liberal Health Minister Jean-Yves Duclos also announced Ottawa would provide $3.5 million in funding to projects that promise to make it easier to access abortion in Canada.
The debate will also include former Quebec premier Jean Charest, who launched his leadership bid in Calgary in March, and is pitching himself as the serious national leader the party needs to defeat Prime Minister Justin Trudeau.
B.C. MP Ed Fast, who is co-chairing his campaign, recently called Charest the underdog of the race because he’s been out of federal politics for nearly 25 years.
Another self-proclaimed underdog is Roman Baber, the Independent Ontario MPP whom Doug Ford booted from his Progressive Conservative caucus in early 2021 for opposing a provincial lockdown that was in place to stem the spread of COVID-19.
Ahead of Wednesday’s event, Baber released a statement announcing he would axe equalization, which is a program that sees federal revenues given to provinces that have lower than average fiscal capacity to pay for services. It is deeply unpopular with Conservatives in Alberta. He also pledged to give Canadians an income-tax cut.
During last week’s debate, rural Ontario MP Scott Aitchison called on his fellow candidates to improve their behaviour, saying their personal attacks against one another were a turnoff to people considering voting Conservative.
—Stephanie Taylor, The Canadian Press
RELATED: Six verified candidates vying to lead the Conservative Party of Canada | https://www.vicnews.com/news/conservative-leadership-candidates-prep-for-first-official-party-debate-in-edmonton/ | 2022-05-11T20:39:20Z | https://www.vicnews.com/news/conservative-leadership-candidates-prep-for-first-official-party-debate-in-edmonton/ | true | 16 |
KANSAS CITY, Mo. — Kansas City Police Department is looking for a missing/endangered person who was last heard from on social media Sunday.
Gerald Mitchell is 41 years old, standing 5-foot-5, weighs 200 pounds, and is bald with some black hair, and has brown eyes.
Mitchell’s medical issues also require attention.
Police say Mitchell drives a black four-door Mazda 6 with a spoiler and damage on a rear fender. It’s believed that he was last known to be in the area of East 23rd Street and Walrond Avenue in Kansas City.
If you locate or see Mitchell, call 911 or the KCPD missing person’s unit at 816-234-5220.
📲 Download the FOX4 News app to stay updated on the go.
📧 Sign up for FOX4 email alerts to have breaking news sent to your inbox.
💻 Find today’s top stories on fox4kc.com for Kansas City and all of Kansas and Missouri. | https://fox4kc.com/news/kcpd-searching-for-missing-endangered-man/ | 2022-05-11T20:42:48Z | https://fox4kc.com/news/kcpd-searching-for-missing-endangered-man/ | false | 1 |
RALEIGH, N.C. (AP) — An dump truck driver was shot and wounded on Wednesday in a road rage incident in North Carolina's capital city, police said.
A spokeswoman for Raleigh police confirms that at around 11 a.m., a dump truck ran a red light, leading the driver of an Audi to follow the truck.
According to police, the dump truck driver pulled out a gun during the confrontation and fired at the Audi. The driver of the Audi fired at the dump truck and hit the driver in the leg.
The driver of the Audi then shot back and hit the dump truck driver in the leg, police said. There was no immediate word on the condition of the dump truck driver.
There have been no arrests in the case, according to police. | https://www.thetelegraph.com/news/article/Report-says-dump-truck-driver-shot-in-road-rage-17165811.php | 2022-05-11T20:43:33Z | https://www.thetelegraph.com/news/article/Report-says-dump-truck-driver-shot-in-road-rage-17165811.php | true | null |
Duke Realty rejects 'insufficient' Prologis' $23.7 bln buyout offer
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May 11 (Reuters) - Duke Realty Corp (DRE.N) on Wednesday rejected a $23.7 billion all-stock deal from warehouse real estate company Prologis Inc (PLD.N), and said the offer was "insufficient".
"We believe the latest offer, virtually unchanged from its prior proposals, is insufficient in that regard," the company said in a statement.
Prologis on Tuesday had offered Duke $61.68 per share, an over 29% premium to the stock's closing price on Monday, as the company looked to benefit from booming demand for industrial space. read more
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San Francisco-based Prologis, which leases logistics facilities to about 5,800 customers including Amazon.com Inc (AMZN.O), BMW AG (BMWG.DE) and FedEx Corp (FDX.N), said it had previously offered to buy Duke privately.
Storage space requirement, especially from e-commerce firms including Amazon, has seen a jump as the pandemic has prompted consumers to switch to online shopping.
Shares of Duke rose about 6% to $52.42 in early trade.
Register now for FREE unlimited access to Reuters.com
Our Standards: The Thomson Reuters Trust Principles. | https://www.reuters.com/business/duke-realty-rejects-insufficient-prologis-237-bln-buyout-offer-2022-05-11/ | 2022-05-11T20:43:50Z | https://www.reuters.com/business/duke-realty-rejects-insufficient-prologis-237-bln-buyout-offer-2022-05-11/ | false | 1 |
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Guests
- Maria RessaNobel Peace Prize winner, founder, CEO and executive editor of the acclaimed Filipino news website Rappler.
We go to Manila to speak with Filipina Nobel Peace Prize winner Maria Ressa about Monday’s presidential election in the Philippines, where Ferdinand Marcos Jr. — the only son of the late Filipino dictator Ferdinand Marcos — appears to have won in a landslide alongside his running mate, the daughter of current President Rodrigo Duterte. Ressa says the Marcos campaign used social media to cover up the historical memory of the family’s brutal policies and the uprising in 1986 that ultimately ended Marcos’s two-decade dictatorship. “These elections are emblematic of the impact of concerted information operations of disinformation where it literally changed history in front of our eyes,” says Ressa. Her forthcoming book is titled “How to Stand Up to a Dictator: The Fight for Our Future.”
Transcript
AMY GOODMAN: This is Democracy Now!, democracynow.org, The War and Peace Report. I’m Amy Goodman, with Juan González.
Protests continue in the Philippines after Ferdinand Marcos Jr., the only son of the late Filipino dictator Ferdinand Marcos, appears to have won a landslide victory in Monday’s presidential election. The Marcos dynasty returns to power some 36 years after the family fled a mass uprising in 1986 that ended Marcos’s brutal two-decade dictatorship amidst a slew of charges and convictions for corruption and human rights violations. The once-reviled former first family has since used social media to reinvent historical narratives of its time in power. Marcos Jr. is now the first candidate in recent history to win an outright majority in a Philippines presidential election. His vice-presidential running mate, Sara Duterte, the daughter of the current president, Rodrigo Duterte. Monday’s election was plagued with violent attacks at polling stations and delays triggered by glitches in vote-counting machines.
For more, we go directly to Manila to speak with Maria Ressa, founder and CEO and executive editor of Rappler, the acclaimed Filipino news website. She won the Nobel Peace Prize in 2021 for her work defending free expression in the Philippines and her reporting on the authoritarian rule of President Rodrigo Duterte. Her forthcoming book, How to Stand Up to a Dictator: The Fight for Our Future.
Maria, welcome back to Democracy Now!, our first chance to talk directly to you after you won the Nobel Peace Prize. Now you’re covering the return of another dictator’s family. This is Ferdinand Marcos Jr. Can you tell us about him and about the elections, and your response?
MARIA RESSA: Oh my gosh! Well, first of all, thanks for having me, Amy. Good to talk to you again.
Look, this is something that we saw coming in the Nobel lecture last December. I actually warned about the impact of social media and how it has literally become a behavior modification system. Well, here’s the emblematic case study of the impact on elections. We at Rappler have gone back to look at the information operations that have targeted Filipinos. And on the Marcos side, it goes all the way back to 2014. In 2019, we published data that shows extensive manipulation, insidious manipulation on, at that point, Facebook, the world’s largest distribution platform for news. Well, here we are, 36 years later, after a people power revolt ousted Ferdinand Marcos. His namesake, his only son, is now poised to become the leader of the country that ousted him.
Reaction? I mean, Amy, you’ve heard — I’ve been with you talking about the impact of disinformation, of information operations targeting journalists. Essentially, the same thing happened in the Ukraine, in Crimea, in the United States. Well, here in the Philippines, step one is pound a narrative to silence — in this case, Marcos the dictator. And step two is replace it: Marcos the great leader. And the beneficiary is the namesake, Marcos Jr., winning by an overwhelming — at this point, almost 98% of the votes’ unofficial count has happened, and he’s up by nearly 59%. That’s how many votes he’s gotten.
JUAN GONZÁLEZ: And, Maria, I wanted to ask you: What is the responsibility or the role of the social media companies, especially in the developing world? In a country like the Philippines, about 110 million people, 90 million people are on Facebook? That’s virtually every adult and most teenagers. Are they operating — are these social media companies operating under different standards in the developing world than they are in the West?
MARIA RESSA: Let’s say they’re operating with worse standards, because most of their restrictions, things that they’ve tried to deal with content moderation, are in English. In the Global South, where institutions are weaker, where the languages aren’t necessarily being used by their machine learning or their artificial intelligence, we’re far more vulnerable.
And I think here’s the other part, Juan. For six years in a row, Filipinos have spent the most time online and on social media globally. When the Cambridge Analytica whistleblower Chris Wylie talked about the Philippines, he called us a “Petri dish,” where he said Cambridge Analytica and the parent company SCL experimented with tactics of mass manipulation. And when it worked here, they “ported” — that’s the word he used — they ported it over to you. And just back on that Cambridge Analytica, you know, the country with the most number of compromised accounts in that scandal was the United States, but the country with the second most number of compromised accounts was the Philippines.
So, I guess the reason why it’s important for you to look at what’s happened to us is, these elections are emblematic of the impact of concerted information operations of disinformation, where it literally changed history in front of our eyes. I mean, you know, don’t get me wrong. The Marcoses have had a loyal following. But to actually make it to the presidential palace, where you can technically now, I mean, imagine: Will the Marcoses go after the Marcoses for the rest of the money that they stole in 1986? It is a “back to the future” moment that’s — we’re struggling to get our heads around it. It’ll be very interesting to hear more from the president-elect.
JUAN GONZÁLEZ: And what does this mean in a broader sense about the future of democracy, not only in the Philippines but around the world, if, in essence, a parallel reality, an alternative set of realities are created by — through social media? The polls show that the young people — there were many young people who ended up backing Ferdinand Marcos Jr. Talk about the future of democracy that we’re confronting now.
MARIA RESSA: Existential. This is actually what I pointed out in the Nobel lecture last December. If you think about it, right now the world’s largest delivery platform for news, Facebook, right? Social media platforms, essentially by design, they divide, and they radicalize, right? And lies, laced with anger and hate, spread faster and further than facts. These platforms, because they want to keep your attention, they keep you scrolling.
But here’s the thing. If you have no facts, you can’t have truth. If you don’t have truth, you don’t have trust. If you don’t have any of these things — and I feel like I’ve said this repeatedly over the years — we have no shared reality. Without that, there’s no rule of law and no democracy.
This year there are more than 30 elections all around the world. If you don’t have integrity of facts, how can you have integrity of elections? I certainly hope that what’s happened to the Philippines doesn’t happen to you.
AMY GOODMAN: You know, I remember, Maria Ressa, when you were here in our studio, and this is as you were covering Duterte — we don’t know at this point about Ferdinand Marcos Jr. winning the election — and you said, “Take this as a warning.” This is very important. As you are both an American, you’re a Filipina journalist. “Take this as a warning, America.” Why?
MARIA RESSA: It’s almost like the dominoes — every time the dominoes fall, and it has an impact on our democracy, right? Look, I became a journalist because I believe information is power. But right now our information system is corrupted. In 2016, the election of Rodrigo Duterte was the first of the dominoes to fall. A little less — a little more than a month after that, you had Brexit. Then you had all of the elections of these populist-style leaders who use us-against-them kind of styles, right? And soon after that, you had the election of Donald Trump, the election of Jair Bolsonaro in Brazil, many more, right?
Now in 2022, these dominoes, as we fall — and we’re the first again, right? When this happens, the elections that follow are critical. Jair Bolsonaro, a really far-right fringe figure that was dragged to the mainstream by YouTube — elections in Brazil in October. And, of course, the United States midterm elections are in November. Without anything, if we don’t do anything else to put guardrails around the technology, we won’t be able to protect democracy.
JUAN GONZÁLEZ: I wanted to ask you about the role of the current president, Rodrigo Duterte, in terms of this election. His daughter ran as vice-presidential candidate, and it appears she got even more votes than the presidential candidate. Her impact — or, his impact, Rodrigo Duterte’s, on this election?
MARIA RESSA: Huge, actually, the fact that the children of these two men — it’s essentially a marriage of the north, which is the stronghold of the Marcoses, and the south, the stronghold of the Dutertes. It’s personality-centric. What we’ve seen happen in the Philippines is that President Duterte was elected democratically. He promised violence; he delivered violence. He is now being investigated by the International Criminal Court for crimes against humanity, right? So, here’s — he comes up, and he’s the first leader to use social media, again. He played a role in this. He’s still extremely popular, again, with the help of social media. If you question the drug war — I think this is where I was in the studio — you know, you get pounded to silence. And again, the metanarratives that have proliferated, and it’s a combination of Duterte, Marcos networks that have operated and have taken over the mainstream of our Facebook ecosystem. He retains his popularity. So, would Marcos have won at the same — with the same margins? No, not if he ran alone. But the kind of putting them together has given him almost 60%. That’s unprecedented.
AMY GOODMAN: I wanted to ask you, Maria, about your fellow 2021 Nobel Peace Prize laureate, the Russian newspaper editor Dmitry Muratov, who was attacked on April 7th as he rode a train from Moscow by an assailant who poured red paint over him, causing his eyes to, he said, “burn terribly.” Muratov closed his independent newspaper, Novaya Gazeta, after warnings from Russian state censors over its critical coverage of the invasion of Ukraine. The paper now has a European edition staffed by journalists who have left Russia. A U.S. intelligence assessment confirmed the red paint thrown on Muratov contained acetone, the same substance as nail polish remover, and said the attackers were working for unnamed Russian spy services. Muratov has vowed to auction off his Nobel Peace Prize medal to support Ukrainian refugees. When did you last speak to him, see him? And your thoughts on this whole situation of your fellow Nobel laureate?
MARIA RESSA: Last week, Amy, we were together in Geneva. I actually was given permission to travel. And this was one of the things we talked about, was, you know, just four months after we saw each other in Oslo, how much our situations have changed. He had a hard time getting out of Moscow, partly because of the — no planes are flying out right now. And then, when we were there, we kind of talked about: Can you believe how much the world has changed in the last four months? I think this is — if you look even at the Reporters Without Borders — there’s a new Press Freedom Index — our countries have dipped. So, in a strange way, the prescience of the Nobel Committee in giving this award right at the time when everything changed for the worst again.
AMY GOODMAN: Finally, you have been jailed, you’ve been sued by the Duterte government numerous times. How do you protect Rappler and yourself under this next ruler, under Marcos? And did you ever think you’d be saying “President Marcos” again?
MARIA RESSA: I’m grappling. To be determined. You know, this is actually — coming out of here, we’re sitting down right now to try to figure out: What does this mean? How far will he go? This has been a campaign that’s been largely bereft of issues on Marcos Jr.'s side. The interesting thing is, kind of like a car crash — like when you're about to crash, when you’re skidding on ice, you know how you’re told to pump the gas and steer into the skid. Well, that’s exactly what Marcos did. So, it’s strangely — it’s brilliant in its own way. What he did is he owned the history of his father. And when his campaign began, it was the music of his father, music that horrified so many victims of martial law. At the same time, he dressed like his father. So, it’s a wait-and-see over the next few days and weeks as members of his cabinet are announced.
And then, it’s been tough covering him for Rappler, because this is like Bolsonaro again, right? Marcos travels with his vloggers. So he has closed-in people carrying cameras, who are not journalists but propagandists. And then the media journalists are kept very far away. And he refused to attend any of the debates for this. So this also is the first president that won election without having to answer any questions from journalists.
AMY GOODMAN: And I just wanted to ask you a quick last question. You won the Nobel for your noble efforts under state persecution. And I’m wondering your thoughts on Julian Assange, who is now, it looks like, soon to be extradited to the United States to face charges that could put him in jail for the rest of his life, 175 years in prison, as he published mounds of information about the Iraq War, Afghanistan and State Department documents. Your thoughts?
MARIA RESSA: I think, Amy, part of the problem is the flattening of words and the robbing of meaning. I have actually said that Julian Assange is not a journalist, and I’ve been clobbered on social media for saying that. I think he is a whistleblower, who deserves the protection as a whistleblower. But oftentimes, whenever I’m asked about this, it’s conflated, right? But I think we need to keep them separate for both his protection and ours. Conflating them robs meaning. Now, having said that, I can’t say that I am across everything, but certainly he has dumped documents there, right? So, it’s hard for me to claim Julian Assange as a journalist. And that’s probably because I’m such a stickler. You know I worked with classified documents —
AMY GOODMAN: Would you call him, then, a political prisoner?
MARIA RESSA: I think we’ll have to see.
AMY GOODMAN: Well, Maria Ressa, we thank you so much for being with us, founder, CEO and executive editor of the Philippines news website Rappler, winner of the Nobel Peace Prize. Her forthcoming book, How to Stand Up to a Dictator: The Fight for Our Future.
Next up, we talk to Starbucks and Amazon workers who have been fired. Stay with us. | https://www.democracynow.org/2022/5/11/maria_ressa_philippines_ferdinand_marcos_jr | 2022-05-11T20:43:51Z | https://www.democracynow.org/2022/5/11/maria_ressa_philippines_ferdinand_marcos_jr | false | 1 |
Fed's Powell, Jefferson to get Senate nod this week
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May 11 (Reuters) - Jerome Powell, nominated for a second term as chair of the U.S. Federal Reserve, could win Senate confirmation as soon as late Wednesday, according to a timeline outlined by Senate Banking Committee Chair Sherrod Brown.
Lawmakers are also expected to vote on President Joe Biden's other Fed nominee, Davidson College dean of faculty Philip Jefferson, who would become only the fourth Black man to serve as a Fed governor in the central bank's history.
Late Tuesday, Michigan State University economics professor Lisa Cook won Senate confirmation as the Fed's first Black woman governor.
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Asked the status of the remaining Fed Board confirmation votes, Brown told Reuters that they could take place “either tonight or tomorrow. ... I’m confident we’ll get them done by tomorrow.”
Both Powell and Jefferson have support from both Biden's Democrats and Republicansand are expected to sail through the process. Powell remains in charge of U.S. monetary policy and is leading the Fed's attack on inflation with what is expected to be a series of hefty interest rate hikes.
Partisan fights over Biden's other Fed nominees have dragged on for months.
Republicans uniformly opposed Cook's confirmation, delaying a vote scheduled last month and forcing Vice President Kamala Harris to cast a tie-breaking vote on the Senate floor Tuesday.
Most also opposed Biden's elevation of Governor Lael Brainard to the position of Fed vice chair, who was confirmed on a 52-43 vote in late April.
Biden's pick for Fed vice chair of supervision, Sarah Bloom Raskin, withdrew from consideration after Democrat Joe Manchin joined a united Republican opposition.
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Our Standards: The Thomson Reuters Trust Principles. | https://www.reuters.com/world/us/feds-powell-could-get-senate-renomination-nod-wednesday-2022-05-11/ | 2022-05-11T20:45:16Z | https://www.reuters.com/world/us/feds-powell-could-get-senate-renomination-nod-wednesday-2022-05-11/ | true | 2 |
Polygon (MATIC) aims to reclaim $1 after a steep correction
Polygon (MATIC) has started to show signs of recovery after a steep correction over the last week or so. The decline in price is part of a broader slump in the wider market, but MATIC appears to be consolidating for its next leg up. Here are the main facts:
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MATIC has managed to hold the $0.8 support despite massive selling pressure.
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The coin can reclaim the important psychological price of $1 in the days ahead.
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This could trigger a bullish uptrend that could deliver at least 25% in gains.
Data Source: Tradingview
Polygon (MATIC) – price prediction
After hitting a new 2022 high of $1.73, MATIC has lost a lot of its upward momentum. The coin has tumbled over the last two weeks, losing several key supports in the process. The biggest worry for bulls though came after the token fell below the crucial psychological price of $1.
But despite this selling pressure, MATIC appears to have found strong support at $0.8. The coin has held this level even as the broader market sells off. This is a good sign, in fact, we are seeing some consolidation around $0.8 right now. If this continues, MATIC is likely going to reclaim the $1 price.
After that, bulls may take over and push the price action higher by at least 25% from the $1 price. Besides, momentum indicators, including the RSI show a bullish divergence that could push the price further upwards.
How to take advantage of this setup?
MATIC has already dipped massively from its 2022 highs. If you ever wanted to own this altcoin, this is the cheapest it has been for a while. It’s therefore a good time to buy, especially for long-term investors.
As for the short-term play, a good approach would be to wait for the altcoin to reclaim $1. Once this happens, you can buy in and exit at around $1.3. | https://coinjournal.net/news/polygon-matic-aims-to-reclaim-1-after-a-steep-correction/ | 2022-05-11T20:46:36Z | https://coinjournal.net/news/polygon-matic-aims-to-reclaim-1-after-a-steep-correction/ | false | 1 |
TAMPA, Fla., May 11, 2022 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo"), a leading provider of sustainable drinking water solutions in North America and Europe, today announced the results of voting for directors at its annual meeting of shareowners held on May 10, 2022 (the "Meeting"). By a vote conducted by ballot, each of the nominees listed in the proxy statement dated March 31, 2022 was elected as a director of the Company at the Meeting. The detailed voting results are as follows:
Details of the voting results on all matters considered at the Meeting are available in the Company's report of voting results, which is available under the Company's profile on SEDAR at www.sedar.com.
ABOUT PRIMO WATER CORPORATION
Primo Water Corporation is a leading pure-play water solutions provider in North America and Europe and generates approximately $2.1 billion in annual revenue. Primo operates largely under a recurring razor/razorblade revenue model. The razor in Primo's revenue model is its industry leading line-up of sleek and innovative water dispensers, which are sold through retailers and online at various price points. The dispensers help increase household penetration which drives recurring purchases of Primo's razorblade offering. Primo's razorblade offering is comprised of Water Direct, Water Exchange, and Water Refill. Through its Water Direct business, Primo delivers sustainable hydration solutions across its 22-country footprint direct to the customer's door, whether at home or to businesses. Through its Water Exchange and Water Refill businesses, Primo offers pre-filled and reusable containers at over 13,000 locations and water refill units at approximately 23,000 locations, respectively. Primo also offers water filtration units across its 22-country footprint.
Primo's water solutions expand consumer access to purified, spring, and mineral water to promote a healthier, more sustainable lifestyle while simultaneously reducing plastic waste and pollution. Primo is committed to its water stewardship standards and is proud to partner with the International Bottled Water Association (IBWA) in North America as well as with Watercoolers Europe (WE), which ensure strict adherence to safety, quality, sanitation and regulatory standards for the benefit of consumer protection.
Primo is headquartered in Tampa, Florida (USA). For more information, visit www.primowatercorp.com.
SOURCE Primo Water Corporation | https://www.prnewswire.com:443/news-releases/primo-water-corporation-announces-results-of-voting-for-directors-at-annual-meeting-of-shareowners-301545436.html | 2022-05-11T20:46:58Z | https://www.prnewswire.com:443/news-releases/primo-water-corporation-announces-results-of-voting-for-directors-at-annual-meeting-of-shareowners-301545436.html | true | 31 |
SAN JUAN, Puerto Rico (AP) — The prime minister of the eastern Caribbean island of St. Kitts and Nevis has had the royal governor-general dissolve its Parliament and has fired several top officials including the deputy prime minister.
Tuesday’s announcement by Prime Minister Timothy Harris came as he was facing a no-confidence motion from a coalition that includes his own party.
Harris said he expects to soon announce a date for new elections. The island normally holds general elections every five years, with the last one held in June 2020.
“These decision were not taken lightly,” he said in a televised speech.
Harris accused those removed from their jobs of showing “a disinterest in their positions.” | https://www.middletownpress.com/news/article/St-Kitts-dissolves-Parliament-fires-several-top-17165978.php | 2022-05-11T20:47:30Z | https://www.middletownpress.com/news/article/St-Kitts-dissolves-Parliament-fires-several-top-17165978.php | false | null |
SANTA CLARA — When it comes to jersey numbers for the 49ers’ veterans added this offseason, whose do you need to most?
Well, because he cost them the most money to sign, look to cornerback Charvarius Ward, who’ll don No. 35. It’s the same number he wore the past four seasons with the Kansas City Chiefs.
When it comes to which jersey number was surrendered, look no further than No. 3. Wide receiver Ray-Ray McCloud (No. 3) took the number formerly worn by safety Jaquiski Tartt, who remains a free agent and looks further unlikely to return after seven seasons.
Also notable: NaVorro Bowman’s former No. 53 was last worn by Mark Nzeocha and now it goes to linebacker Kemoko Turay; K’Waun Wiliams’ No. 24 has been bequeathed to cornerback Ka’Dar Hollman.
Initial numbers for rookies will be revealed Thursday as they begin their own minicamp. All offseason numbers are subject to change before the season begins in four months.
Here are the numbers assigned to veteran additions:
No. 3: WR Ray-Ray McCloud
No. 6: WR Marcus Johnson
No. 13: WR KeeSean Johnson
No. 17: WR Malik Turner
No. 24: CB Ka’Dar Hollman
No. 30: S George Odum
No. 31: CB Darqueze Dennard
No. 48: LB Oren Burks
No. 53: LB Kemoko Turay
No. 66: OL Keaten Sutherland
No. 98: DT Hassan Ridgeway
Media access will return to the 49ers’ practice fields this week, albeit for the rookie minicamp rather than the full-fledged offseason program that’s been off-limits since it opened April 19.
Rookies will speak to the media Thursday at 2 p.m., followed by a session Friday before practice that starts at 1 p.m.
The 49ers’ organized team activities will cover nine dates between May 23 and June 9, followed by mandatory minicamp from June 13-15.
The NFL season schedule will be revealed Thursday at 5 p.m., a week after the 49ers learned they’ll be traveling to Mexico City to face the Arizona Cardinals on Nov. 21. | https://www.chicoer.com/2022/05/11/49ers-unveil-numbers-for-veteran-additions-with-rookie-digits-coming-in-minicamp/ | 2022-05-11T20:47:31Z | https://www.chicoer.com/2022/05/11/49ers-unveil-numbers-for-veteran-additions-with-rookie-digits-coming-in-minicamp/ | true | 11 |
Crowds gathered outside of State Capitol following Roe V. Wade leaked draft
DES MOINES, Iowa – After a leaked draft from the Supreme Court revealed its plan to overturn Roe v. Wade earlier this week. Crowds attended the Reproductive Rights Rally outside of the State Capitol on Saturday.
Various people spoke at the event, including doctors and young people, about abortion. Des Moines infectious disease physician Dr. Megan Srinivas shared stories about why abortion rights are vital to women.
“This is not an abortion she wanted. It was one of the hardest decisions [in] her life, but because we live in a time of Roe v. Wade, she’s still here with us today and now has two children,” said Dr. Srinivas.
High school student Shreya Joshi also spoke at the rally. She reminded the crowd about the freedom of choice.
“I will not stand for this decision, and we will ensure that people in Iowa will continue to have the right to choose,” said Joshi.
Some in attendance were old enough to reflect on 1973 when the courts decided on Roe v. Wade. They never imagined fighting for women’s reproductive rights almost 50 years later. “I don’t want to go back to the way it was before,” said demonstrator Katherine Eckhouse.
“I see that happening, and in this state, I see a movement towards increasing restrictions on female autonomy.”
Meanwhile, some parents brought their kids to the rally.
“I realized that education was one of the most important things, and why wouldn’t we educate our children about their bodies,” said rally attendee rally Morgan Leu-Parkhurst.
“It’s important to have that information so when we can make informed choices as situations arise, whatever they may be.”
Although the Supreme Court will decide on Roe v. Wade later this summer, demonstrator Tierra McNeeley hopes her voice will make a difference.
“If enough of us come together, I think we can make a difference.”
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 who13.com. | https://www.newsbreak.com/news/2595913354615/crowds-gathered-outside-of-state-capitol-following-roe-v-wade-leaked-draft | 2022-05-11T20:51:54Z | https://www.newsbreak.com/news/2595913354615/crowds-gathered-outside-of-state-capitol-following-roe-v-wade-leaked-draft | true | 2 |
Cantor Fitzgerald lowered the price target for the Pacific Biosciences of California Inc. (NASDAQ:PACB) stock to “an Overweight”. The rating was released on January 21, 2022, according to finviz. The research report from Cowen has resumed the stock to Market Perform, with a price target set at $30. The stock was initiated by Canaccord Genuity, who disclosed in a research note on September 27, 2021, to Buy and set the price objective to $45. In their research brief published February 11, 2021, Piper Sandler analysts upgraded the Pacific Biosciences of California Inc. stock from Neutral to Overweight with a price target of $52.
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The latest trade, Performances and Moving Averages give us the following Picture
The share price of Pacific Biosciences of California Inc. (NASDAQ:PACB) raised 0.95% to close Tuesday’s market session at $5.33, higher as compared to yesterday’s close. The stock price fluctuated between $4.7716 and $5.76 throughout the trading session with the volume trading being 7309249 shares, which represented a significant variation when compared to the three months average volume of 6.11 million shares. The firm’s stock price fluctuated -21.96% within the last five trades and -37.22% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -81.93% in the last 6 months and -51.50% was subtracted to its value over the previous 3 months. PACB stock is trading at a margin of -23.57%, -39.82% and -72.39% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, PACB deals in the Healthcare domain. The stock is trading -85.34 percent below its 52-week high and 1.52 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 -83. 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 Pacific Biosciences of California Inc.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -91.90 percent and the profit margin is -27.40 percent, and the company has reported a gross margin of 44.60 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 $1.25 billion 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 9.31 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.49, 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, 0.70 percent of Pacific Biosciences of California Inc. shares are owned by insiders, and 92.80 percent are held by financial institutions. Kim Susan G., the Chief Financial Officer at Pacific Biosciences of California Inc. (PACB) has sold 1,062 shares of firm on Feb 17 at a price of $11.06 against the total amount of $11746.0. In another inside trade, HENRY CHRISTIAN O, President & CEO of Pacific Biosciences of California Inc. (NASDAQ:PACB) sold 2,122 shares of the firm on Feb 17 for a total worth of $23533.0 at a price of $11.09. An inside trade which took place on Feb 16, Director of Pacific Biosciences of California Inc. ORDONEZ KATHY sold 3,280 shares of firm against total price of $37720.0 at the cost of $11.50 per share. | https://www.bovnews.com/2022/05/11/pacific-biosciences-of-california-inc-nasdaqpacb-stock-posted-gross-margin-of-44-60-percent-in-last-year-is-justifiable/ | 2022-05-11T20:54:18Z | https://www.bovnews.com/2022/05/11/pacific-biosciences-of-california-inc-nasdaqpacb-stock-posted-gross-margin-of-44-60-percent-in-last-year-is-justifiable/ | true | 16544 |
Day after HC relief, Bagga says Punjab Police arrested him ‘like a terrorist’
New Delhi : BJP leader Tajinder Pal Singh Bagga on Wednesday said he was arrested by the Punjab Police “like a terrorist” for asking AAP chief Arvind Kejriwal about his promises to act against the accused in the Guru Granth Sahib sacrilege case, drug mafia and Khalistani separatists in the state.
Holding his first press conference after his dramatic arrest that saw the police forces of Punjab, Haryana and Delhi in a tussle, Bagga said he will continue to ask Kejriwal questions about his promise to act against those who dishonoured the Guru Granth Sahib in Punjab, drug mafia and separatists raising slogans of Khalistan in the state.
“I will continue to ask Kejriwal questions whether one or 1,000 cases are registered against me,” said Bagga at the Delhi BJP office.
In a dramatic turn of events, Bagga was arrested by the Punjab Police from his Janakpuri residence in Delhi last week. A case of kidnapping was registered by the Delhi Police and he was brought back to Delhi from Kurukshetra where the Haryana Police had stopped their Punjab counterparts.
“I was arrested like a terrorist. Was it my fault to ask Kejriwal about his promise to arrest accused in Guru Granth Sahib sacrilege, was it my fault to ask him about action against drug mafia and separatists raising slogans of Khalistan in Punjab,” the BJP leader said.
The Punjab and Haryana high court on Tuesday directed Punjab Police not to arrest Bagga till July 6.
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₹4.39 lakh robbed from Fino Payments Bank in Ludhiana
In yet another daylight robbery, four masked assailants robbed ₹4.39 lakh from the Sherpur branch of Fino Payments Bank on Wednesday afternoon after holding an employee at gunpoint. The employee, Ujjwal Kumar, 24, told police that the robbers arrived in two motorcycles and barged into the office at around 3 pm. After the robbers left the place, Kumar informed the police. CCTVs installed near the spot have captured the accused, who fled on two motorcycles.
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Minor UP girl found pregnant in Ludhiana, teen booked for rape
An 18-year-old boy from Uttar Pradesh has been booked for raping and impregnating a 16-year-old girl, also from UP, who had run away with from her home with Suraj. The girl told police that she had met Suraj in UP's Sitapur and he had established physical relations with her on the pretext of marriage. The girl had run away from home with Suraj and they reached Ludhiana on May 3.
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Ludhiana: 2.80 lakh kg lahan, 100 litres of illicit liquor recovered in Bet area
Excise teams on Tuesday morning destroyed 2.8 lakh kilograms of lahan and recovered 100 litres of illicit liquor from the Bet area in Ludhiana district. An official spokesperson said that Punjab excise commissioner Varun Roojam had constituted four teams to carry out the search operation in the Bet area.
-
RRB-Allahabad conducts second stage of CBT for NTPC recruitment
Railway Recruitment Board, Allahabad conducted second stage computer-based test of Non Technical Popular Categories recruitment on May 9 and 10, said railway officials here on Wednesday. The test was held for level 6 for total of 7,124 vacancies including 516 seats under RRB-Allahabad and for level 4 in which there were 161 vacancies, they added. Overall attendance was about 75.14%, hechief public relation officer, NCR, Shivam Sharmaaid. Overall attendance was about 64.90%.
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Ludhiana tragedy: 5-yr-old dies as roof collapses
In a tragic incident, a 5-year-old boy lost the victim Aditya Singh's life after the roof of his house in Tibba's Puneet Nagar collapsed on Wednesday afternoon. It took locals at least 30 minutes for the locals to rescue the toddler. Aditya's mother, Maya Devi, said that she along with Aditya and her younger son were sitting under a tree outside their house at around 12.30 pm, as it was hot indoors. | https://www.hindustantimes.com/cities/chandigarh-news/day-after-hc-relief-bagga-says-punjab-police-arrested-him-like-a-terrorist-101652297083431.html | 2022-05-11T20:58:39Z | https://www.hindustantimes.com/cities/chandigarh-news/day-after-hc-relief-bagga-says-punjab-police-arrested-him-like-a-terrorist-101652297083431.html | false | 1 |
GRAND RAPIDS, MI – A man who fired 11 shots at a federal task-force officer’s car in Grand Rapids was sentenced to five years in prison.
Jaquari Trotter, 21, was sentenced Tuesday, May 10, by U.S. District Judge Hala Jarbou in Lansing, after pleading guilty to assault on a federal law-enforcement officer. | https://www.mlive.com/news/grand-rapids/2022/05/hes-trying-to-kill-me-officer-yelled-as-gunman-opened-fire.html | 2022-05-11T21:03:59Z | https://www.mlive.com/news/grand-rapids/2022/05/hes-trying-to-kill-me-officer-yelled-as-gunman-opened-fire.html | false | null |
Stocks fell on Wall Street Wednesday, led by more drops in technology companies after a report on inflation came in worse than feared.
The S&P 500 fell 1.6% and the tech-heavy Nasdaq lost 3.2%. The Dow Jones Industrial Average fell less, 1%. Treasury yields initially jumped following the inflation report but later fell back. Wall Street has been transfixed on the nation's high inflation, and where it's heading, because it's causing the Federal Reserve to yank the supports it propped under markets for most of the pandemic.
U.S. crude oil prices rose 6%.
Wednesday’s report from the U.S. Labor Department showed inflation slowed a touch in April, down to 8.3% from 8.5% in March. Investors also found some glass-half-full signals in the data that inflation may be peaking and set to ease further, the Associated Press reported. | https://www.news5cleveland.com/news/national/tech-sector-leads-stocks-lower-on-wall-street-as-inflation-remains-high | 2022-05-11T21:05:32Z | https://www.news5cleveland.com/news/national/tech-sector-leads-stocks-lower-on-wall-street-as-inflation-remains-high | false | 10 |
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CMS ENERGY CORP Changes to Beneficial Ownership: SHANK SUZANNE F. (Director) (Form4)
Accepted:
Form Type:
4
Accession Number:
0000811156-22-000097 | https://www.benzinga.com/secfilings/22/05/27118200/cms-energy-corp-changes-to-beneficial-ownership-shank-suzanne-f-director-form4 | 2022-05-11T21:11:47Z | https://www.benzinga.com/secfilings/22/05/27118200/cms-energy-corp-changes-to-beneficial-ownership-shank-suzanne-f-director-form4 | false | 254241 |
EL SEGUNDO, Calif. (AP) _ Beyond Meat Inc. (BYND) on Wednesday reported a loss of $100.5 million in its first quarter.
On a per-share basis, the El Segundo, California-based company said it had a loss of $1.58.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.04 per share.
The plant-based meat company posted revenue of $109.5 million in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $111.7 million.
Beyond Meat expects full-year revenue in the range of $560 million to $620 million.
Beyond Meat shares have dropped 60% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.17, a drop of 76% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BYND at https://www.zacks.com/ap/BYND | https://www.bigrapidsnews.com/business/article/Beyond-Meat-Q1-Earnings-Snapshot-17166155.php | 2022-05-11T21:12:15Z | https://www.bigrapidsnews.com/business/article/Beyond-Meat-Q1-Earnings-Snapshot-17166155.php | false | null |
Vardy scores twice as Leicester beat relegated Norwich 3-0
LEICESTER, England : Jamie Vardy scored twice on his return to the starting lineup as Leicester City moved into the top half of the Premier League table with a 3-0 home win over relegated Norwich City on Wednesday.
The largely meaningless match, with the Foxes out of contention for the European places but safe from relegation while Norwich were already condemned to the drop, ended Leicester's run of seven games without a victory.
Leicester, now 10th and a point ahead of Crystal Palace, were dominant but Teemu Pukki came close for the visitors when he hit the post in first-half stoppage time.
Vardy then broke the ice in the 54th with a deflected right-footed shot from the left of the box and made it 2-0 in the 62nd before James Maddison scored the third in the 70th against his former club.
Norwich, now on five straight league defeats and rooted to the bottom, dropped Dutch goalkeeper Tim Krul for Angus Gunn in one of four changes to the side that lost 4-0 at home to West Ham United on Sunday.
Leicester manager Brendan Rodgers also rang the changes after the 2-1 home defeat to Everton last weekend. | https://www.channelnewsasia.com/sport/vardy-scores-twice-leicester-beat-relegated-norwich-3-0-2679416?cid=cna_flip_070214 | 2022-05-11T21:12:42Z | https://www.channelnewsasia.com/sport/vardy-scores-twice-leicester-beat-relegated-norwich-3-0-2679416?cid=cna_flip_070214 | true | 3 |
NEW YORK (AP) — Oilers defenseman Darnell Nurse will miss Game 6 of Edmonton’s first-round playoff series with Los Angeles after the NHL suspended him one game for head-butting Kings forward Phillip Danault.
The incident occurred with 10 seconds left in the second period of the Kings’ 5-4 overtime win in Game 5 on Tuesday night in Edmonton.
Nurse turned and forcefully drove his helmet into Danault in front of Edmonton’s goal after Oilers goaltender Mike Smith made a save and froze the puck.
The suspension leaves the Oilers without their top defenseman heading into an elimination game Thursday in Los Angeles. The Kings lead the best-of-seven series 3-2.
The NHL also fined Oilers forward Zack Kassian $5,000 for cross-checking Kings defenseman Sean Durzi.
The incident occurred at 19:00 of the second period. Kassian was assessed a minor penalty for cross-checking.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://www.milfordmirror.com/sports/article/Oilers-Nurse-suspended-1-game-for-head-butting-17165943.php | 2022-05-11T21:16:22Z | https://www.milfordmirror.com/sports/article/Oilers-Nurse-suspended-1-game-for-head-butting-17165943.php | true | null |
GTA Online has come a long way since its release in 2013, and there are now a plethora of ways to make money in the game. However, despite the variety of options available, heists have always been the primary choice for players to earn money. As it is an online game, it was always intended to be played with friends, and most Heists require more than one player.
However, with the release of the Cayo Perico Heist in December 2020, Rockstar made it possible for players to earn millions while working alone. This article explains how to profit the most from this heist.
Guide to maximizing profits in GTA Online with the Cayo Perico heist
The introduction of the Diamond Casino Heist in GTA Online brought forth a new aspect of gameplay for playing Heists. For the first time, players had the freedom to make a choice about their loot. The Cayo Perico Heist takes a similar approach, but it also allows players to complete the heist solo.
There are multiple types of loot available, and players can choose the loot they want to get. The payment for the loot will vary depending on the chosen difficulty. Here's how much the items cost according to the difficulty:
- Panther Statue – $1,730,000 on Normal; $1,900,000 on Hard.
- Pink Diamond – $1,300,000 on Normal; $1,430,000 on Hard.
- Bearer Bonds – $1,100,000 on Normal; $1,210,000 on Hard.
- Ruby Necklace – $1,000,0000 on Normal; $1,100,000 on Hard.
- Sinsimito Tequila – $900,000 on Normal; $990,000 on Hard.
Although the Panther Statue is one of the most valuable rewards in the Cayo Perico Heist, it is not always possible to get it. Furthermore, the statue is only accessible for a limited period of time. Rockstar normally reveals this whenever a weekly update makes the statue available in GTA Online.
How to get the best possible loot
Whenever the Panther Statue isn't available, the Pink Diamond is the next best choice for GTA Online players. However, getting this item as the primary target isn't an easy feat either. Here's how to get the Pink Diamond almost every time in the game:
- When players get to see the options for the primary target, they have to make sure that the Pink Diamond is available.
- If it isn't there, they must cancel the Heist and restart. This can be done by simply calling Pavel.
- The Pink Diamond will eventually be available after multiple tries, but it's quite a rare occurrence.
The best secondary target that GTA Online players need for maximum profit is gold bars. They cost $332,184 per stack and take up 66% of the total weight, while filling the bag yields $498,276.
Players should note that there are two extra fees subtracted from the total take (combined value of the primary and secondary loot). Fencing fees are 10% and Pavel's share is 2%. | https://www.sportskeeda.com/gta/how-earn-money-gta-online-cayo-perico-heist | 2022-05-11T21:24:53Z | https://www.sportskeeda.com/gta/how-earn-money-gta-online-cayo-perico-heist | true | 1 |
Crews were ordered to evacuate residents after a brush fire broke out along Dove Meadow Road in Solvang on Wednesday, according to emergency radio broadcasts.
The fire was reported at 12:57 p.m. in the 1200 block of Quail Ridge Road but later updated to the 1200 block of Dove Meadow Road, according to broadcasts.
Several emergency units were requested, including medic engines, a bulldozer and hand crew with the Santa Barbara County Fire Department.
Fire crews were ordered to evacuate nearby residents shortly after 1 p.m., according to broadcasts.
This story will be updated when more information becomes available. | https://lompocrecord.com/news/local/brush-fire-breaks-out-on-dove-meadow-road-in-solvang-residents-evacuated/article_1eb9e5ee-055d-5482-8e39-06c202a03c64.html | 2022-05-11T21:25:24Z | https://lompocrecord.com/news/local/brush-fire-breaks-out-on-dove-meadow-road-in-solvang-residents-evacuated/article_1eb9e5ee-055d-5482-8e39-06c202a03c64.html | true | null |
News
Ben Simmons will play point guard and center in a re-imagined Nets offense, says Steve Nash
The Nets are expecting Ben Simmons to be a part of the team moving forward, and head coach Steve Nash says the All-Star acquired in the James Harden trade will play both point guard and center — among other positions on the floor.
Which makes it very interesting to think about what this team’s offense could look like if they veer from the iso-heavy, play-through-the-stars approach that came up empty this season in Brooklyn.
If Simmons is initiating the offense, it takes loads of pressure off Kevin Durant and Kyrie Irving’s shoulders. It became apparent this season, and especially during the playoffs with each one of Durant’s 21 turnovers in a four-game series, that Harden’s absence hurt the Nets most by removing their chief facilitator from the floor.
It also moves the stars back to their natural positions. Remember, when Durant won a championship twice with the Golden State Warriors, Stephen Curry played point, Draymond Green was a secondary facilitator, and Durant created opportunities within the flow of the offense. As for Irving, his best role has always been as a bonafide scorer while LeBron James initiated the offense on the Cleveland Cavaliers.
And remember, Simmons didn’t just play point guard in Philly, he excelled at it, ranking Top 20 in assists in each of the four seasons he played to go with his all-world defense and athletic ability to finish at the rim.
If the Nets project Simmons as the starting point guard, they don’t have to go searching for one this offseason. Instead, they can utilize their resources to build the roster with two-way, three-and-D wings who possess the size the Nets lacked this season, size that ultimately led to their undoing in a sweep by a much more physical Celtics team.
“I think he plays both [point guard and point forward],” Nash said during Wednesday’s end-of-the-season press conference at the HSS Training Facility in Industry City. “I think he’s going to handle the ball, initiate offense, particularly in transition. He’s an incredible playmaker, but we have the luxury that Ben can also be a roller, playmaker out of the pick and roll.
“He’s just such a well-rounded, versatile athlete and skilled, 6-10 player that I think it would be limiting to say, ‘Hey, you’ve got to handle the ball all the time. You have to facilitate the offense all the time.’ I think that’s what’s special about him is the varied skills he brings to the table, so yes he will facilitate and be the point guard. He will also sometimes be the center. Other times he will be the guy that’s just playing positionless basketball trying to create offense in the halfcourt.”
What the Nets can’t afford, however, is a season’s worth of Simmons floating about the court, watching Durant and Irving dribble.
That’s what the Nets offense looked like in almost 80% of the games the stars suited up together and even more so after the Harden deal. Either Durant was going for 40 or Irving was going for 50, but far too often, the offense went stagnant while the stars looked to score.
The lack of creativity made the Nets easy to scout and game plan against. With little to no wrinkles in their offense, taking Durant or Irving (or both) away rendered Brooklyn helpless.
Nash, however, said the time away from the court, coupled with the fashion with which the Nets lost and the urgency they have for winning big, gives him a new lens to view the team’s scoring attack. The coach fell short of decreeing full-scale changes to the team’s offense, but in his defense, the Nets never truly had an opportunity to implement complex offensive sets given they started the season with 10 new players on the roster, lost Irving because of his decision not to get vaccinated, lost three-quarters of the roster to health and safety protocols, then lost Durant for a month-and-a-half to an MCL sprain — all before Harden forced his way to Philadelphia in a trade.
“This [offseason] allows us an opportunity to look at [the offense] under duress,” Nash said. “Regardless of who’s available, how do we want to play? I wasn’t happy with the way we played.
“How do we want to play? How do we want to attack? Where do we want to improve? I don’t think any of us loved the way we played and want to improve, so this is an opportunity for us to look deeper at how that can come to fruition, how we can put together a style of play where regardless of the continuity, regardless of availability, we feel what we learned over the last year or two puts us in a position to be better, to play better, to take those lessons and put them onto the court and in good use.”
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News
Maryland treasurer: State’s decision to let Orioles keep Paul McCartney concert revenue doesn’t pass ‘smell test’
Maryland’s treasurer on Wednesday criticized the stadium authority’s recent decision to let the Orioles keep all of the profits from the upcoming Paul McCartney concert, questioning if it is in the best interest of taxpayers.
The Maryland Stadium Authority’s Board of Directors unanimously agreed last week to opt out of financial participation in the McCartney show, scheduled for June 12 at Oriole Park at Camden Yards. The MSA, which owns the stadium and leases it to the Orioles, can opt in to non-baseball special events at the venue — receiving 45% of the revenue while the Orioles receive 55% — or it can opt out.
Because there is risk that such an event can operate at a loss and because the Orioles told the MSA that participation from the stadium authority was a “disincentive” to bringing more concerts, the MSA “elected to acquiesce” to a request from the Orioles to opt out.
The MSA opting out prevents the Orioles from having to share the revenue with the state. Dereck Davis, the state’s treasurer, opened Wednesday’s Board of Public Works meeting by saying he had a problem with the MSA’s decision.
“For obvious reasons, the ball club asked the state to give up their interest in this, and we did,” Davis said, “and the explanation was, well, we don’t assume any of the risk and so forth. But my thing was, that didn’t really pass the smell test.”
Davis questioned why, if the risk of financial loss was a reason to opt out, the MSA didn’t opt out on its own accord, rather than waiting for the Orioles to ask.
“Why did we need the Orioles to come ask the state to not participate?” the Democrat said. “We would’ve just have done that ourselves, but we didn’t do that.”
During last week’s board of directors meeting, stadium authority Chairman Thomas Kelso highlighted that while the MSA will take on “zero risk” by opting out of the concert, the event would still generate roughly $700,000 or $800,000 in revenue for the stadium authority thanks to the amusement tax.
There is a 10% amusement tax on tickets to the McCartney concert, 20% of which goes to the city and 80% goes to the stadium authority — regardless of its financial participation in the concert.
“It’s a great thing. We take no risk and we make 8% of the total amount of tickets sold,” Kelso said.
The Orioles — who have only hosted one major concert at Camden Yards, Billy Joel in 2019, prior to next month’s McCartney performance — said MSA’s participation disincentives them to bring in future acts. The stadium authority, which argued that it’s better to get 8% than nothing, also opted out of the Billy Joel event.
But Davis said Wednesday that the Orioles have leaned on their agreement with the state in years past when it behooves them, and the MSA should be able to, too.
“If they can exercise their contractual right, why can’t we do the same?” said Davis, one of three members of the Board of Public Works. “We had a contractual right that both parties agreed to, and what I’m getting at is, the stadium authority has a fiduciary responsibility to the citizens of the state of Maryland. They’re not a grant program for any of these entities.”
The Maryland Stadium Authority did not respond to a request for comment on Davis’ criticisms.
The Board of Public Works’ other two members are Republican Gov. Larry Hogan and Comptroller Peter Franchot, who is running for the Democratic nomination for governor. Franchot thanked Davis for sharing his thoughts and said: “I loved the comments by the treasurer.”
When the Board of Public Works approved $3.5 million in rent credit to the Orioles to pay for modifications to the left field wall earlier this year, Franchot and Hogan voted in favor of it, but Davis did not, suggesting the team should pay for it.
The Orioles’ lease with the MSA began in 1992 and would have expired in 2021, but the club and stadium authority extended the lease through Dec. 31, 2023. The state recently approved the MSA to borrow up to $1.2 billion of bonds for improvements to Oriole Park and M&T Bank Stadium, which would require the Orioles and Ravens to sign leases for at least as long as it would take to pay off the bonds.
Baltimore Sun reporter Bryn Stole contributed to this article.
()
News
Murder charges brought against suspected shooter of 17-year-old in South St. Paul
A 17-year-old St. Paul boy has been charged in the fatal shooting of Anthony Skelly, also 17, outside his South St. Paul home Sunday night.
Casimir Anthony Semlak was charged in Dakota County on Wednesday by juvenile petition with three counts of second-degree murder — with intent/not premeditated as well as one count of drive-by shooting — without intent /while committing a felony.
A motion to certify Semlak as an adult was made at his initial appearance in juvenile court. Semlak will remain in custody at the Juvenile Service Center in Hastings until his next court appearance on May 17.
At around 10:42 p.m., South St. Paul police officers were dispatched to a residential area after a report of gunshots. Officers found Skelley lying in the street unresponsive and with gunshot wounds to his head, torso and shoulder. He was not breathing, and had no pulse.
Officers found a BB gun in Skelley’s hand, according to the petition, and shell casings from a 9mm firearm near him. A cell phone and small bag of marijuana were located in the street near Skelley.
Officers attempted CPR, but responding medics pronounced him dead at the scene.
Neighbors reported hearing gunshots and seeing a small white or silver 4-door car with a damaged right taillight leaving the area at a high rate of speed. Several Ring videos showed portions of the incident and the car in front of Skelley’s home.
A male who had been inside Skelley’s home at the time of the shooting told officers that he heard Skelley on a phone saying something to the effect of “ok, I’m coming out.” He then walked outside and shortly after shots rang out.
A search was conducted of Skelley’s cell phone. It shows that last number called was linked to Semlak and also a string of texts between him and Semlak about the sale of marijuana.
In a text, the Skelley gave his home address to Semlak. The last text received on Skelley’s phone from Semlak was “here,” the petition read.
Through investigation, officers found that the buyer’s cell phone number — Semlak — was associated with the phone application “Cash App” and learned that the user information came back to a profile of “Ky Semlak.” Officers located a profile for “Casimir Semlak” in St. Paul.
Semlak was located and placed under arrest. At the time of his arrest, Semlak had in his possession a Springfield 9mm
Hellcat handgun with an inserted magazine containing several bullets. The bullets in the magazine were the same brand as the shell casing found at the scene of the shooting.
Semlak also possessed the cell phone that exchanged messages with Skelley which has been submitted to the Dakota County Electronic Crimes Unit for further examination, according to the charges.
News
Veteran QB Nathan Peterman signs a 1-year deal with the Chicago Bears
Veteran quarterback Nathan Peterman on Wednesday finalized a one-year contract with the Chicago Bears.
The signing adds QB depth behind starter Justin Fields and back-up Trevor Siemian.
Another body was needed after the Bears cut ties with Nick Foles last month. But it is unclear if general manager Ryan Poles expects to carry three quarterbacks on his roster into the regular season or whether Peterman will simply serve to help the Bears push through organized team activities, minicamp, training camp and the preseason.
Peterman spent the last three-plus seasons with the Raiders, with whom he attempted just five passes during regular-season action. He was drafted by the Buffalo Bills in the fifth round in 2017, making four starts and playing in eight games over two seasons.
One of Peterman’s starts came in Week 9 of 2018 against the Bears, a woeful performance in which he was sacked four times and threw three interceptions in a 41-9 loss. With his team down 28 points on the final play of the first half, Peterman opted against throwing a pass into the end zone from the Bears 37 yard line and instead settled for a meaningless 24-yard scramble as time ran out.
That game marked his last performance in a Bills uniform. He was released a little more than a week later and signed to the Raiders practice squad the following month.
In Peterman’s 10 career outings in the NFL, he has completed 52.6% of his passes while posting a 34.0 passer rating. He is expected to join the Bears for OTAs next week as their third-team quarterback.
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Finance
Retiree Jobs – Baby Boomer Retirement Means Work For Most
Retiree jobs will be important to 72% of all baby boomers. According to a Del Webb, who should know something about retirement, survey of baby boomers… 72% is the percentage of baby boomers that plan to work in retirement.
Why is working in retirement necessary? Over 50% of boomers have saved less than $25,000 for retirement.
Since the average American family has over $8,000 in credit card debt…There is no incentive to save at 1% interest when you pay 18% or more on your credit card balance. Why are so many in debt is another story…it is reality that many boomers are facing.
Since almost half of retirees move when they retire, there is a lot of demand for retiree jobs in Arizona and Florida, where most retirees relocate. There are just so many Wal-Mart greeter jobs to go around. Some choose real estate; there are certainly those jobs available to proven producers.
For those planning to retire overseas for the much lower cost of living…you should not plan on traditional work. The jobs available will be given first to locals…the way it should be.
For most, a part time job will supplement their Social Security…again in the popular retirement states they will be lots of competition for these jobs.
Virtual retirement or retiring online will be sought for those who would like to work at the time and place of their choosing…doing what you want is why you retire in the first place.
Unless you are that rare person who actually knows, as much about computers as the average 12 year old, you will need some help in training for a productive online career. The learning curve is steep…but doable…for us baby boomers.
I found the answer to my knowledge gap in computing and websites after 2 months of floundering. Others are not so lucky…I hope you discover what I did early on. Interested in how I did it?
Finance
Best Graduate Loan – Finding the Best Deals Online
When you want to look for the best graduate loan, you need to know that banks can provide you with better rates. In order for you to take out this type of loan, you may have to open a current account from the bank that is providing you with the loan.
The graduate loans function in a way which is similar to personal loans which are not secured against a property. You will be provided with a lump sum, with the agreement that you settle monthly repayments regularly. For banks, the best way for you to pay your account would be through direct debit. The highest available amount of a graduate loan is 25,000 Euro. The best loan is usually payable from 6 months to 10 years.
Annual Percentage Rate
When you are in search of the best graduate loan, there are certain things which you need to consider. For one, you need to look into the APR of the loan. The APR stands for annual percentage rate, which is the interest charge provided for loans. Each firm which allows individuals to borrow money is entailed by the law to cite APR. Furthermore, it has been required that 66 percent of individuals borrowing money have to be provided with a typical APR.
The amount of the annual percentage rate charged on your loan is based on the total amount of your loan. This is the reason why if you are looking for the best deal, you have to make sure that it fits your financial situation well. You have to look into rates and terms to make sure that you are able to choose a loan which is just right for you. When you want to compare rates and terms, the best way for you to do this is to go online and acquire quotes from different lending firms. This way, you will be able to select the right loan rate from several choices.
Early Settlement Penalties
The best loan rates may be appropriate for some individuals but not to you. On the other hand, a loan which is suitable for you may not be perfect for another person. This is due to the fact that your needs are different from other people. If you want to look for a graduate loan which will not tie you to huge debts in the future, you have to know what you need first. There are some student loans which allow you to save cash when you pay earlier. However, there are also some loans which charge penalties if you want to close your loan before its term ends.
The perfect one for you may be the former or the latter, depending on which is more convenient for you. If you think that you can deal with penalties, you can choose to settle your loan early. But if your income is tight, you can opt to pay your monthly repayments regularly and deal with its interest rates.
Looking into Lending Firms
In order for you to avail of the best graduate loan [http://www.seek4finance.co.uk/hotsearch.php?Keywords=graduate+loan], you need to make sure that the services of the lending firm are excellent. You would not want to take out a student related loan from an agency which charges hidden costs. When you apply for a loan from this type of firm, you will only end up in huge debts.
Finance
Reversionary Property – Investment Without the Risk
Reversionary property is a good medium to long term investment. Though non-income generating, reversions are superior when it comes to capital appreciation. Easy and virtually free from investing risks, reversionary property investments also offer potentially high returns. And since it is almost impossible for property prices to fall by half their present value, it makes good business sense to invest in reversionary property.
In reversionary property investment, you simply purchase a residential property from a homeowner at a highly discounted price. A reversionary property can be bought for around half of its value, depending on the age of the vendor and the location and characteristics of the property. Payment is either in a cash lump sum or in monthly installments. The homeowner continues to live in the property as a tenant rent-free and with full legal rights to remain in occupation until his death or until they voluntarily vacate. Then the ownership of the property reverts to the buyer.
Since the homeowner continues to live in the home as if it were his own, he is still responsible for the general upkeep and maintenance of the property such as utility bills, building insurance premiums and capital tax while he continues to occupy the house.
Reversion investments are basically a bet on the life expectancy of the homeowner. The buyer pays the monthly reversionary annuities until the homeowner dies.
Reversionary properties are of two kinds: tenanted, which means that the homeowner lives in the premises, and untenanted, whereby the vendor does not live in the property. In this case, the buyer can use the property or rent it out. Payment can either be in a lump sum, in monthly annuities or a combination of both. Usually, institutional investors, affluent individuals and those looking for a holiday home in the future would greatly benefit from reversionary property.
Investment in reversionary property is beneficial to both the homeowner (vendor) and the buyer. For the vendor, it is as if he is granted a lease that will last until the end of his life. He is released from the responsibility of big-ticket payments on his property such as major works and land tax. He also receives additional income in the form of the cash lump sum or monthly annuities, which could greatly supplement an elderly person’s pension. More importantly, he does not have to sell his own home or move out, thus increasing his stability and peace of mind.
For the buyer, investment in reversionary property is an excellent opportunity. Not only is the property available at a huge discount, most of them are studio flats, apartments, villas and commercial establishments located in prime areas. Since most of these properties were initially purchased as a retirement house, they are often located in a major city or in the quiet countryside.
Reversionary property is definitely one of the least troublesome and safest way of investing in property. It is best for those who would like to have a holiday home when they retire. For sure, the property is well-maintained by the homeowner, since he still considers it his home despite the fact that ownership has been transferred. By investing in reversionary property, one is sure to acquire a well-maintained, valuable home in the near future.
Copyright (c) 2008 Parmdeep Vadesha
Finance
Retainer Fees
Before you hire an Illinois lawyer, you should always have an honest and forthright discussion about how they will be paid. A lawyer’s billing method, as well as rates, depends upon the amount of time spent working on your case as well as the nature of your legal issue and the reputation and experience of the lawyer. Types of fees are hourly, a flat fee or a contingency basis.
A retainer fee is a certain amount of money that you pay ahead of time and upfront to an attorney. The attorney puts that money in a special trust account and deducts the cost of services from that account as they accumulate.
This type of fee is usually used when a legal bill is high and the attorney needs to do ongoing work. Common practice areas that use retainer fees are family law and criminal law, although many other hourly cases use them, too. Basically a retainer fee works like a debit card. You pay an up front amount and the lawyer takes that money when they perform work. For example, if you give a lawyer $2,500.00 and they charge $250.00 an hour you have paid up front for 10 hours of their time. Typically after they work enough hours to go through the retainer fee they will ask you for more money. Retainer fees are typically refundable. In other words, if you fire your lawyer or the case ends, any money that was not billed should be returned to you.
Be sure to ask lots of questions and read the written agreement that you have with your attorney so that you understand exactly what its terms are. For example, the lawyer may add interest or other charges to unpaid amounts in the future. Similarly, if you decide to drop a case that your lawyer has worked on before she has used up the retainer fee, you may forfeit any remainder. If your matter needs to go to court, additional fees may be required, as well.
In addition, I highly recommend that you ask your attorney to provide a monthly statement for the work that they perform. We have seen too many instances in which a client doesn’t talk about the work their attorney is billing for many months only to one day get a call or e-mail stating that the retainer is gone and the client has to pay a few thousand more or the Illinois attorney they hired will withdraw from the case. By getting a monthly invoice you can stay on top of the work that your attorney is doing and keep track of what their work is costing you.
No matter how you choose to compensate an attorney, we can’t emphasize enough that you should get whatever agreement that you have with them in writing.
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