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By STAN CHOE
NEW YORK (AP) — Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January. Fears about a fragile economy and stubbornly high inflation have slammed the stock market in recent days and sent Treasury yields surging to their highest levels in years. A report last week that inflation was getting worse, not better as many had hoped, sent a chill through markets that carried over into this week. Investors expect the Federal Reserve will get more aggressive to get inflation under control, even if it risks a recession.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — Fears about a fragile economy are forcing Wall Street toward what’s known as a bear market, with the S&P 500 tumbling more than 20% below its record set early this year.
The index dropped 3.3% in the first chance for investors to trade after getting the weekend to reflect on the stunning news that inflation is getting worse, not better. The Dow Jones Industrial Average was down 741 points, or 2.4%, at 30,651 as of 3:05 p.m. Eastern time, and the Nasdaq composite was 4% lower.
The center of Wall Street’s focus was again on the Federal Reserve, which is scrambling to get inflation under control. Its main method is to raise interest rates in order to slow the economy, a blunt tool that risks a recession if used too aggressively.
With the Fed seemingly pinned into having to get more aggressive, prices fell for everything from bonds to bitcoin, from New York to New Zealand. The sharpest drops hit what had been big winners of the easier low-rate era, such as high-growth technology stocks and other former darlings of investors. Tesla slumped 6.8%, and Amazon dropped 4.9%. GameStop tumbled 8.3%.
“The best thing people can do is to not panic and don’t sell at the bottom,” said Randy Frederick, managing director of trading and derivatives at the Schwab Center for Financial Research, “and we’re probably not at the bottom.”
Some economists are speculating the Fed on Wednesday may raise its key rate by three-quarters of a percentage point. That’s triple the usual amount and something the Fed hasn’t done since 1994. Traders now see a 28% probability of such a mega-hike, up from just 3% a week ago, according to CME Group.
No one thinks the Fed will stop there, with markets bracing for a continued series of bigger-than-usual hikes. Those would come on top of some discouraging signals about the economy and corporate profits, including a record-low preliminary reading on consumer sentiment soured by high gasoline prices.
The economy is still holding up overall, but the danger is that the job market and other factors are so hot that they will feed into higher inflation. That’s why the Fed is in the midst of a whiplash pivot away from the record-low interest rates it engineered earlier in the pandemic, which propped up stocks and other investments amid hopes of juicing the economy.
Wall Street’s sobering realization that inflation is accelerating, not peaking, is also sending U.S. bond yields to their highest levels in more than a decade. The two-year Treasury yield shot to 3.27% from 3.06% late Friday after touching its highest level since 2007, according to Tradeweb.
The 10-year yield jumped to 3.37% from 3.15%, and the higher level will make mortgages and many other kinds of loans more expensive. It touched its highest level since 2011.
The higher yields mean prices are tumbling for bonds, a relatively rare occurrence for them in recent decades. They’re also a particularly painful hit for older and more conservative investors who depend on them as the safer parts of their nest eggs.
The gap between the two-year and 10-year yields has also narrowed, a signal of weakening optimism about the economy. If the two-year yield tops the 10-year, some investors see it as a sign of a looming recession.
Monday’s pain for markets was worldwide as investors braced for more aggressive moves from a coterie of central banks.
In Asia, indexes fell at least 3% in Seoul, Tokyo and Hong Kong as worries also rose about business-slowing, anti-COVID restrictions in China. In Europe, Germany’s DAX lost 2.4%.
Some of the biggest hits came for cryptocurrencies, which soared early in the pandemic as ultralow rates encouraged some investors to pile into the riskiest investments. Bitcoin tumbled more than 16% from a day earlier and dropped to $23,278, according to Coindesk. It’s back to where it was in late 2020 and down from a peak of $68,990 late last year.
On Wall Street, the S&P 500 was more than 21% below its record set early this year. If it finishes the day more than 20% below that high, it would enter what investors call a bear market.
Bears hibernate, so bears represent a market that’s retreating, said Sam Stovall, chief investment strategist at CFRA. In contrast, Wall Street’s nickname for a surging stock market is a bull market, because bulls charge, Stovall said.
The last bear market wasn’t long ago, but it was an unusually short one that lasted only about a month in early 2020. The S&P 500 got close to a bear market last month, but it didn’t finish a day below the 20% threshold.
Michael Wilson, a strategist at Morgan Stanley who’s been among Wall Street’s more pessimistic voices, is sticking with his view that the S&P 500 could fall further to 3,400 even if the U.S. economy avoids a recession over the next year.
That would mark another nearly 10% drop from the current level, and Wilson said it reflects his view that Wall Street’s earnings forecasts are still too optimistic, among other things.
With soaring price tags souring sentiment for shoppers, even higher-income ones, Wilson said in a report that “the next shoe to drop is a discounting cycle” as companies try to clear out built-up inventories.
Such moves would cut into their profitability, and a stock’s price moves up and down largely on two things: how much cash a company generates and how much an investor will pay for it.
___
AP Business Writers Damian J. Troise and Elaine Kurtenbach contributed. | https://www.pasadenastarnews.com/2022/06/13/wall-street-enters-a-bear-market-as-the-sp-500-dives-3-9/ | 2022-06-13T20:31:34Z | https://www.pasadenastarnews.com/2022/06/13/wall-street-enters-a-bear-market-as-the-sp-500-dives-3-9/ | false | 27 |
MELISSA BLOCK, host:
From NPR News, this is ALL THINGS CONSIDERED. I'm Melissa Block.
It is nowhere near poetic. In fact, it's the kind of language only a diplomat could love. But the words of United Nations Resolution 1701 are crucial to maintaining the cease-fire between Israel and Hezbollah.
Take point three - it emphasizes the importance of the extension of the control of the Lebanese government over all Lebanese territory. It goes on, so that there will be no weapons without the consent of the government of Lebanon and no authority other than that of the government of Lebanon.
Well, today the Lebanese Cabinet took a step toward the first part. It agreed to deploy the country's army south of the Litani River. That's the area where much of the fighting has been taking place. But the cabinet was not clear on the second part - how it would deal with Hezbollah's arms.
Earlier today I spoke with Nawar Sahili. He's a member of Hezbollah and the Lebanese Parliament. Over a scratchy phone line he told me that the Lebanese government has to have time to discuss the U.N. resolution.
Mr. NAWAR SAHILI (Lebanese Parliament): This is a Lebanese matter, an internal affair that should be discussed inside Lebanon by all the Lebanese, and we are sure to find a solution between all the parties in Lebanon.
BLOCK: This is not just a Lebanese matter, though. There's a U.N. resolution in place which says there can be no weapons or armed personnel in south Lebanon other than those of the government of Lebanon and the U.N. force. So that would exclude Hezbollah.
Mr. SAHILI: We didn't say that we are 100 percent with the 1701. For that, I told you that this is a Lebanese matter. You know, there is a lot of resolution from the Security Council that hasn't been applied until now. You know, there's a lot of resolution against Israel, maybe more than ten resolutions that haven't been applied. I will not tell you that we will not apply this resolution. We will apply it, but it will take a little time to discuss some details inside Lebanon to find a solution. How can we manage between the arms of the resistance and the army?
BLOCK: The two Israeli soldiers who were taken captive by Hezbollah, what moves are being made now toward their release?
Mr. SAHILI: Well, until now, there's nothing serious for them. I think the Italian minister and the German minister tried to speak, but they didn't have anything from Israel government. So until now, there's nothing serious about them.
BLOCK: Are they still alive?
Mr. SAHILI: Well, I don't have any information.
BLOCK: You don't have any information on that.
Mr. SAHILI: Not really.
BLOCK: Can you imagine a scenario of terms that would be acceptable to secure their release?
Mr. SAHILI: Well, this is something for the (unintelligible) person. I'm not - I don't have any responsibility for this case.
BLOCK: But you are in contact with people who would be and I wonder what you take is on what could lead to their release?
Mr. SAHILI: Nobody told me about this problem, but I think in the days coming there will be, sure, people who will talk about them. Maybe European or international people will ask about them and develop trust. I don't know. Let's wait until days coming.
BLOCK: Third party envoys, in other words.
Mr. SAHILI: Yes, it is. Sure. Because we cannot have a direct conversation with Israel.
BLOCK: The money that Hezbollah has pledged will be spent on rebuilding, talking about paying rent for people while their houses are being rebuilt, buying them furniture. Where is that money coming from?
Mr. SAHILI: Well, you know, there's a lot of Lebanese people living abroad, living in Africa and living all over the world. And there's a lot of solidarity now in Lebanon. We will have assured the money to help each other and to help southern of Beirut rebuilt. You know, it's not a big problem to have money and even a lot of other countries will help us. And I think maybe European countries will help us.
BLOCK: You have not mentioned Iran, which is known to be a prime sponsor of Hezbollah.
Mr. SAHILI: We are not ashamed to have money from Iran or from any Islamic or Arab or European country. If they want to help us, why not? It's not something to be ashamed of.
BLOCK: I'm curious to hear your views on one more thing before we let you go. Your thoughts on your neighbor to the south. Does Israel have a right to exist in your mind?
Mr. SAHILI: Well, it exists now. It's a fact now. It's a fact now.
BLOCK: But that doesn't mean you agree with that fact.
Mr. SAHILI: Well, you know, deep inside, you know, Israel is on the Palestine land and they drove out all the Palestinian out of their lands. But now they exist, you know? We must act as an existent case.
BLOCK: So Israel has a right to exist in your mind?
Mr. SAHILI: Like I told you, they exist. Okay?
BLOCK: Mr. Sahili, thank you very much.
Mr. SAHILI: You're most welcome.
BLOCK: That was Nawar Sahili, a member of the Lebanese Parliament and of Hezbollah. He spoke with us from Beirut. Transcript provided by NPR, Copyright NPR. | https://www.northernpublicradio.org/2006-08-16/hezbollah-member-on-arms-rebuilding-and-israel | 2022-06-13T20:32:18Z | https://www.northernpublicradio.org/2006-08-16/hezbollah-member-on-arms-rebuilding-and-israel | false | 8 |
Ninja Cotton Candy Now Available, Only at Walmart
NEW YORK, June 13, 2022 /PRNewswire/ -- G FUEL, The Official Energy Drink of Esports®, has announced that Ninja Cotton Candy – the first G FUEL flavor inspired by Tyler "Ninja" Blevins – is now available at select Walmart stores nationwide.
Matching the wild and unpredictable personality of Ninja himself, Ninja Cotton Candy is a sweet blast of flavor reminiscent of your favorite carnival treat. Crack open a can of Ninja Cotton Candy to get the energy boost that will help you Pon Pon your way to victory in your favorite Battle Royale!
"Ninja is an entertainment powerhouse, so we needed a flavor that's just as fun and exciting as he is. Ninja Cotton Candy fits the bill perfectly," said G FUEL Founder and CEO Cliff Morgan. "We can't wait for G FUEL fans to discover Ninja's flavor at Walmart stores across the U.S. this summer."
In addition to being Blevins' debut G FUEL flavor, Ninja Cotton Candy marks G FUEL's first ready-to-drink 16 oz can with 140 mg of caffeine compared to its 300 mg lineup. Like all G FUEL cans, Ninja Cotton Candy has zero sugar and zero calories, along with proprietary energy and focus-enhancing complexes.
"There are two things we love to offer fans; first is accessibility, the second is something that's never been done before, and this checks both boxes in an awesome way," said Tyler "Ninja" Blevins. "And getting to have my own unique cotton candy flavor? If I was hype to announce the collaboration with Team Ninja and G FUEL, I'm even more so now."
Additionally, fans who purchase G FUEL products at Walmart June 10th through August 5th can scan their receipts to enter for a chance to win prizes awarded every two weeks, including a year's supply of G FUEL, a PlayStation 5, an Xbox Series X, a G FUEL Mini Fridge, G FUEL merchandise and Walmart gift cards, as well as a $10,000 Grand Prize. Simply buy and scan for a chance to win! For full rules, visit https://www.gfuelwalmartsweeps.com.
Try all of Walmart's G FUEL offerings – including the exclusive Ninja Cotton Candy, Mega Man™ Blue Bomber Slushee, Tetris™ Blast, Sonic the Hedgehog's Peach Rings and PewDiePie – by using G FUEL's Store Locator to find a participating Walmart near you.
As The Official Energy Drink of Esports®, G FUEL provides gamers with a performance-driven alternative to standard energy drink products. With an ever-expanding, sugar-free product lineup that includes a powdered Energy Formula, ready-to-drink cans, a Hydration Formula, and bottled Sparkling Hydration, G FUEL has firmly established itself as the market leader in the gamer energy drink industry.
With more than 335,000 5-star Shopper Approved Ratings, a shipping network that spans over 125 countries, a nationwide retail campaign, and a global social media footprint of over 1 billion followers, G FUEL maintains the industry's largest and most passionate community of fans, customers, content creators, and partners. Content creators and partners include the likes of Ninja, Sentinels Esports, Logic, NoisyButters, Luminosity Gaming, PewDiePie, Mikal Bridges, Summit1G, xQc, Marvel Studios, Sony Pictures, Activision, SEGA of America, CAPCOM®, Bethesda Game Studios, Warner Bros., HYPEMAKER, DXRacer, Scuf Gaming, SteelSeries, and Digital Storm.
Join the movement today at GFUEL.com and follow us on social media @GFuelEnergy.
Tyler "Ninja" Blevins is one of the most recognizable gaming and entertainment personalities in the world. With more than 70 million fans worldwide on major digital networks, Tyler "Ninja" Blevins became a pop culture phenomenon in 2018, after he streamed on Twitch playing Fortnite alongside rappers Drake, Travis Scott, and Pittsburgh Steelers wide receiver Juju Smith-Schuster. Since then, he's gone on to become the first streamer to get an exclusive skin in both Fortnite and Raid: Shadow Legends as a playable champion, and was the first professional gamer to be featured on the cover of ESPN The Magazine.
Tyler has set his sights on Hollywood to tell stories for fans of gaming and internet culture. He can be seen in a cameo in Free Guy, starring Ryan Reynolds. He has also had roles in Hotel Transylvania: Transformania and Fox's "Duncanville". He is the author of two graphic novels. Following the success of Ninja: The Most Dangerous Game (released in December 2019), Ten Speed Press published the sequel, Ninja: War for the Dominions (May 2021). A noted philanthropist who has been active in his hometown community of Detroit as well as his new home in Chicago, he was named one of TIME Magazine's 100 Most Influential People of 2019, and recently announced sponsored the Ninja Esports Lounge at the Matilda R. Wilson Boys & Girls Clubs location in Auburn Hills, Michigan. As a partner on Twitch, Ninja currently streams Fortnite, Halo, Lost Ark, Valorant, Apex Legends, League of Legends, and Final Fantasy XI Online.
Michael.Gagliardo@42west.net & jonah_keel@bhimpact.com
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SOURCE G Fuel | https://www.wrdw.com/prnewswire/2022/06/13/g-fuel-debuts-walmart-exclusive-ninja-cotton-candy-flavor-inspired-by-tyler-ninja-blevins/ | 2022-06-13T20:32:56Z | https://www.wrdw.com/prnewswire/2022/06/13/g-fuel-debuts-walmart-exclusive-ninja-cotton-candy-flavor-inspired-by-tyler-ninja-blevins/ | true | 21 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nba/dallas-mavericks/articles/39783419 | 2022-06-13T20:33:33Z | https://sportspyder.com/nba/dallas-mavericks/articles/39783419 | true | null |
CHARLOTTE, N.C., June 13, 2022 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom, and register for news email alerts.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
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SOURCE Bank of America Corporation | https://www.nbc29.com/prnewswire/2022/06/13/bank-america-declares-third-quarter-2022-preferred-stock-dividends/ | 2022-06-13T20:38:03Z | https://www.nbc29.com/prnewswire/2022/06/13/bank-america-declares-third-quarter-2022-preferred-stock-dividends/ | true | 96 |
A celebration of Black Music Month with 3-time Grammy-award-winning Sounds of Blackness
Sponsored by Andersen Corporation
- Live concerts at 7:00 p.m. and 9:00 p.m. at the Dakota in Minneapolis, Minn.
- Directed by award-winning Music Director and Producer Gary D. Hines
- Executive produced by diversity, equity and inclusion firm Rae Mackenzie Group
MINNEAPOLIS, June 13, 2022 /PRNewswire/ -- The influence of Black Music on America's history through centuries and decades is monumental, especially in the transformative decade of the 1960s. During Black Music Month, Andersen Corporation presents "Soul of the Sixties: A celebration of Black Music with Grammy award-winning Sounds of Blackness," a live musical event at 7 p.m. and 9 p.m. on Thursday, June 30, 2022, at The Dakota Jazz Club in Minneapolis, Minn.
Soul of the Sixties is an authentic reenactment and tribute to the greatest soul performers of the sixties: Aretha Franklin, Marvin Gaye, The Four Tops, Gladys Knight & the Pips, Sly and the Family Stone, and many more. Sounds of Blackness performs in full costume with original choreography and their ten-piece band. The Dakota is the stage for this second annual Black Music Month event.
Executive produced by award-winning Rae Mackenzie Group, an industry-leading diversity, equity and inclusion marketing firm, the event is sponsored by Andersen Corporation, manufacturer of America's most loved brand of windows and doors*.
Since January of 1971, Sounds of Blackness has flourished under the direction of Gary Hines. The group proclaims the music, culture and history of African Americans to audiences all over the world including the World Cup, Super Bowl, Ryder Cup, NFL, NBA and Grammy Awards. The award-winning vocal and instrumental ensemble's music spans genres including jazz, blues, rock & roll, R&B, gospel, spirituals, reggae and soul, to share uplifting messages of hope, unity, love and peace for all humankind.
Gary D. Hines, is the Music Director and Producer of this special show.
"Music is the window to our souls. Black Music Month is a special time to celebrate the music and musicians that shaped the past and continue to inspire today," said Jay Lund, chairman and chief executive officer of Andersen Corporation. "We can't wait to share the award-winning music of Sounds of Blackness with our friends and community – it is sure to be an event not to be missed."
"Celebrating Black Music month is a tradition at Andersen that I now look forward to every year," said Tracey Gibson, vice president and chief diversity officer at Andersen Corporation. "When we thought about who could best take us on a journey through the rich history of Black Music of the sixties, we couldn't think of anyone more apt to do this than Sounds of Blackness, who have been ambassadors of Black Music across the nation and around our world for decades."
A Minnesota-based company for nearly 120 years, Andersen has been named a Best Large Employer by Forbes for the past three consecutive years, Best Employer for Diversity by Forbes for the past two consecutive years and 'Best Place to Work for LGBTQ+ Equality' by the Human Rights Campaign Foundation. Andersen continually works to build a culture of inclusion, creating a respectful workplace for all employees and removing systemic barriers to success.
Sharon Smith-Akinsanya, CEO of the Rae Mackenzie Group said, "It really means something when a company like Andersen demonstrates their commitment to Black Music and Black culture in this way. We are proud to come together in community to celebrate."
As a diversity, equity and inclusion (DEI) marketing expert on the national stage, Smith-Akinsanya has long held Andersen Corporation as an example of what a corporation can accomplish when it prioritizes inclusion in every aspect of the company.
"The Soul of the Sixties: A Celebration of Black Music" premieres at 7:00 p.m. and 9:00 p.m. on Thursday, June 30, at the Dakota in Minneapolis, Minn.
The event is open to the public and tickets are now on sale at:
7 p.m. https://www.dakotacooks.com/event/soul-of-the-sixties-7pm/
9 p.m. https://www.dakotacooks.com/event/soul-of-the-sixties-9pm/
*2022 Andersen brand survey of U.S. homeowners.
About Andersen Corporation
Andersen was founded in 1903 on the philosophy of working "all together" to deliver on its promise to its customers. Andersen delivers products for the way people live, unmatched performance for the comfort and security homeowners desire, and endless design options to achieve any style.
Headquartered in Bayport, Minn., Andersen Corporation and its subsidiaries manufacture and market window and door products under the Andersen®, Renewal by Andersen®, EMCO®, MQ™ and Heritage™ brands. Andersen, a privately held company with more than 12,000 employees, operates manufacturing sites across North America and Europe. Andersen has earned the U.S. Environmental Protection Agency's 2022 ENERGY STAR® Partner of the Year – Sustained Excellence Award.
Visit us at https://www.andersenwindows.com/
Follow us on Facebook @AndersenWindows, Twitter @AndersenWindows, and Instagram @andersen_windows.
© 2022 Andersen Corporation. All rights reserved.
About Rae Mackenzie Group
Rae Mackenzie Group (RMG) is an award-winning DEI marketing and strategy firm that helps corporations build authentic and meaningful relationships with People of Color by advising companies on how to best position their brands to recruit and retain Talent of Color. With a business track record spanning over 20 years, RMG has become an authority in the DEI Marketing space and has built a past and present client list consisting of Fortune 500 companies, nonprofits, and top employers, including U.S. Bank, Midco, Minnesota Timberwolves & Lynx, Andersen Corporation, Thrivent, Minute Media, Make-A-Wish® America, Best Buy, Target, Verizon Wireless, and more.
RMG helps corporations avoid DEI landmines by looking at how they approach procurement, recruitment, corporate sponsorships, social responsibility, and leadership through a DEI lens. RMG provides consulting on speeches, websites, social media, advertising, press releases, and more. With a diverse team, each of whom brings a unique perspective to the table, RMG walks the walk by assembling a team that is majority women, and made up of Black, Latinx, Asian, White, and LGBTQIA+ consultants, marketers, and content writers.
Rae Mackenzie Group CEO, Sharon Smith-Akinsanya, has been providing DEI communication and marketing services for over 20 years. To help leaders make change, Sharon authored COLORFULL: Competitive Strategies to Attract and Retain Top Talent of Color - a people-centered approach that shares simple actions we can take to help solve complex issues. The book lays out a playbook on how everyone has a role to play in making the world more just and equitable, starting with building intentional and authentic relationships with people who share different racial, cultural, and ethnic identities.
https://www.andersenwindows.com
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SOURCE Andersen Corporation | https://www.kwch.com/prnewswire/2022/06/13/announcing-june-30-soul-sixties/ | 2022-06-13T20:39:00Z | https://www.kwch.com/prnewswire/2022/06/13/announcing-june-30-soul-sixties/ | false | 12 |
Tori Spelling struts her stuff in crop top and jean shorts... amid claims of 'trial separation' from husband Dean McDermott following 16 years of marriage
Tori Spelling stepped out in a trendy, midriff baring ensemble to run some errands on Monday.
The 49-year-old 90210 star put her ample bust on display in a black crop top and denim shorts during a solo outing her native Los Angeles.
Her sighting comes amid claims she and her longtime husband, Dean McDermott, are on a trial separation from their 16-year marriage amid rumors of infidelity.
Mom moments: Tori Spelling stepped out in a trendy, midriff baring ensemble to run some errands on Monday
Spelling sauntered about with her svelte figure on display in a V-neck bra top, asymmetrical jean shorts and a long black duster.
The actress had her signature platinum locks parted in the middle and swept back into a low bun at the nape of her neck.
Tori rocked a large pair of sunglasses and had a mate rose lipstick swiped across her pout.
She accessorized with a twist on a classic, a black leather quilted cross-body bag by Chanel in the shape of a heart, and a thick gold necklace.
Hot momma: The 49-year-old 90210 star put her ample bust on display in a black crop top and denim shorts during a solo outing her native Los Angeles
Style vibes: The actress had her signature platinum locks parted in the middle and swept back into a low bun at the nape of her neck
The good! Currently, Tori's home life is experiencing ups and downs, on the positive side, her daughter Stella graduated from middle school last week and celebrated her 14th birthday
Currently, Tori's home life is experiencing ups and downs.
Her daughter Stella graduated from middle school last week and celebrated her 14th birthday.
Tori gushed about her newly minted high schooler in a social media caption, describing her 'pride' at how Stella overcame a series of struggles - including 'bullying, severe anxiety, and teachers and who didn't believe' she could graduate - in order to finish middle school.
While her children appear to be thriving, her marriage is decidedly not.
Not so good: A source has told Us Weekly the last update that friends of Tori and husband Dean were given was that they were 'going through with a trial separation'
'She hasn't been doing social things anymore. She seems to be isolating herself. She's been so MIA that they're worried something's going on – if she's having money troubles again or is depressed,' the source said.
A source has told Us Weekly the last update friends of the couple were given was that they were 'going through with a trial separation.'
Tori and Dean have been together since 2006 and share five kids together: Liam, 15; Stella, 14; Hattie, 10; Finn, nine; and Beau, five. McDermott also shares son Jack, 23, with his ex-wife Mary Jo Eustace.
Friends of the actress are concerned as they no longer hear from her, according to the source. Pals have attempted to reach out to Tori but never hear back.
'She hasn't been doing social things anymore. She seems to be isolating herself. She's been so MIA that they're worried something's going on – if she's having money troubles again or is depressed,' the source said.
The insider also claimed Tori and her friends have not been gathering together like they once did.
'They know divorce will be expensive and it’s not something they’re willing to go through right now. They both feel trapped,' the insider told the site.
It has also been alleged by another source that the couple put a divorce on hold due to their 'roller-coaster' relationship.
The source claimed the couple feel 'trapped' as they are unable to go through with the divorce.
'They know divorce will be expensive and it’s not something they’re willing to go through right now. They both feel trapped,' the insider told the site.
'Having kids makes it more difficult because they don’t want their children to be unhappy, yet at the same time, Tori has been unhappy for quite a while now. They truly are still together for their kids.'
'Having kids makes it more difficult because they don’t want their children to be unhappy, yet at the same time, Tori has been unhappy for quite a while now. They truly are still together for their kids.'
Tori and Dean were spotted attending daughter Stella's middle school graduation together on Wednesday. The duo posted gushing tributes to their daughter on Instagram.
Dean and Tori have been at the center of divorce rumors since last year, when a source close to Spelling told E! News that she was reportedly preparing to file for divorce from her husband.
The insider claimed that there was no way back for the couple but that the 90210 star wanted to make sure she is 'financially' stable before submitting divorce papers.
'The marriage is over and has been for a very long time now,' the source said, adding that the couple 'truly do not get along' and 'have been sleeping in different rooms for months.'
Tori added fuel to the fire while appearing on SiriusXM’s Jeff Lewis Live, where she confirmed that the couple was sleeping in separate beds.
The couple share five kids together: Liam, 15; Stella, 14; Hattie, 10; Finn, nine; and Beau, five
'What is really going on? You put the wedding ring on. Are things OK?' Lewis asked her, after she was spotted without her ring in March. 'Because I feel like the last time you were here things were good, you were having sex. Are you guys sleeping in the same bed? Personal?'
'You know what? Right now, my kids and dogs sleep in my bed,' she replied, and went on to say that McDermott was sleeping 'in a room.'
It's been alleged that a major source of strife between the couple is trust issues stemming from Dean's infidelity, which he admitted to in 2014, on the reality show True Tori.
A source told People: 'Tori still has major trust issues. Part of their relationship was never fully repaired after he was unfaithful.'
The insider revealed that the couple's outings together are purely for the sake of their children.
'They've been living separate lives. They will still have family meals and occasional outings, but it's for the kids.'
Congratulations! Tori celebrated daughter Stella's graduation on Instagram on Wednesday
- Tori Spelling, Dean McDermott’s Pals Say They're in a Trial Separation
- Tori Spelling, Dean McDermott 'Living Separate Lives' amid Marital Woes | PEOPLE.com
- Tori Spelling, Dean McDermott's Marriage "Over" as She Plans Divorce - E! Online
- www.nytimes.com/...
- Tori Spelling still owes $1.2 million in taxes and unpaid credit card bills after moving into $3.7 million mansion – The US Sun | The US Sun | https://www.dailymail.co.uk/tvshowbiz/article-10912567/Tori-Spelling-struts-stuff-crop-jean-shorts-following-separation-Dean-McDermott.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-13T20:42:22Z | https://www.dailymail.co.uk/tvshowbiz/article-10912567/Tori-Spelling-struts-stuff-crop-jean-shorts-following-separation-Dean-McDermott.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true | 2 |
June is Black Music Month. In 1979, President Jimmy Carter decreed that the month of June would be dedicated to celebrating the African American music and musicians that have helped the country to dance, express their faith through song, march against injustice, and to defend the country’s enduring promise of freedom and opportunity for all.
Although the month highlights the musical contributions from some of our most influential and talented stars, there is so much more that these people have to offer. It is hard enough to make a name for yourself in one profession, but dipping into another lane and becoming a household name is even tougher.
Do you remember the first time you watched ‘The WIz?’ Did you realize right away that the woman who had the leading role in the film was the legendary singer Diana Ross? Or did it take a few watches to realize that someone of her stature musically was starring in a feature film? Let’s not forget Michael Jackson was also a star in the film. What did you think the first time you seen Method Man and Redman playing the obnoxious duo that got into Harvard University by smoking the ashes of their deceased friend in How High? What was your reaction to the legendary scene in Set It Off when Queen Latifah delivered one of the most gut-wrenching performances we’ve ever seen on screen. Was it shocking to you that someone you heard on the radio could also be that talented in front of a camera?
Just as sports and music are synonymous, you can say the same thing for music and acting. For as long as we can remember, artists have always had their eyes on being more than just one trick ponies. Also, in the same vein, producers, directors and filmmakers in general are always looking for what will get their film the biggest draw. This is where the two sides meet and mutually benefit each other. Oftentimes, adding a well known musician to the cast of your movie does wonders. Established names with their own fanbases bring more eyes to films and also gives musicians a chance to show off the skills that fans might not have known they even had. There have been countless artists who have started off on the music side and eventually dabbled in the acting world. There are also some who have fully immersed themselves into the life and have somewhat left music in the past.
To celebrate the multi-faceted bunch, we created a gallery of some of our favorite artists turned actors and some of the scenes we love from them and some of their work that you should check out. There are a ton of them. With that being said, we have listed an honorable mentions list for those who might not have as much work under the resumes of some others but still have made noteworthy appearances and are on their way to becoming two way superstars.
Honorable Mentions:
- Cardi B (Hustlers, F9)
- LightSkinKeisha (Power Book II: Ghost)
- Kendrick Lamar (Power Ep 505)
- Ashanti (Coach Carter, John Tucker Must Die)
- Nicki Minaj (Barbershop: The Next Cut)
- Ray J (Moesha)
- Chris Brown (Stomp the Yard, This Christmas, Takers)
- Dave East (Wu Tang: An American Saga)
- Freddie Gibbs (Power Book IV: Force, Bust Down)
- Joey Badass (Power Book III: Raising Kanan)
- Kash Doll (BMF)
- Mary J. Blige (Mudbound, Power Book II: Ghost)
- Rihanna (Battleship, Ocean’s 8)
Let us know who’s your favorite and if you think we forgot anyone in the comments.
Black Music Month: Celebrating These Artists Turned Actors! was originally published on globalgrind.com
1. Snoop Dogg – Training Day (2001)
Source:LegendmovieclipsSuggested Watches: Hot Boyz, Baby Boy, The Wash, Starsky & Hutch, Soul Plane.
2. Common – Just Wright (2010)
Source:Just BlackSuggested Watches: Smokin’ Aces, Wanted, Now You See Me, Run All Night, John Wick: Chapter 2, The Hate U Give.
3. Queen Latifah – Set It Off (1996)
Source:T-Virus TerranceSuggested Watches: Living Single (TV series), Bringing Down The House, Taxi, The Cookout, Beauty Shop, Last Holiday, Just Wright, Bessie, Girls Trip, Hustle.
4. Bow Wow – Roll Bounce (2005)
Source:awol32Suggested Watches: Like Mike, Johnson Family Vacation, Lottery Ticket, F9.
5. Will Smith – The Fresh Prince of Bel-Air (1994)
Source:Charles BentleySuggested Watches: Bad Boys 1&2, Enemy of the State, Wild Wild West, Ali, Hitch, The Pursuit of Happiness, I Am Legend, Seven Pounds, Concussion, King Richard.
6. Ice Cube – Next Friday (2000)
Source:MovieclipsSuggested Watches: Boyz n the Hood, Higher Learning, Friday, Anaconda, The Players Club, All About the Benjamins, Barbershop 1&2, Are We There Yet?, First Sunday, Lottery Ticket, 21&22 Jump Street, Ride Along 1&2, Fist Fight.
7. Eve – Barbershop (2002)
Source:Bec LaunderSuggested Watches: Eve (TV series), Barbershop 2, The Cookout, Queens (TV series).
8. Method Man – The Wire (2004)
Source:WireLover2Suggested Watches: Belly, How High, Soul Plane, Keanu, The Deuce (TV series), Power Book II: Ghost (TV Series).
9. Brandy – Moesha (1998)
Source:Derrbearrr 2.0Suggested Watches: Cinderella, I Still Know What You Did Last Summer, The Game (TV Series), Star (TV Series), Queens (TV Series).
10. Beyonce – The Fighting Temptations (2003)
Source:Ronie BatisteSuggested Watches: Austin Powers in Goldmember, The Pink Panther, Dreamgirls, Cadillac Records.
11. T.I. – ATL (2006)
Source:Bryan 956Suggested Watches: American Gangster, Takers, Get Hard, Ant-Man, Ant-Man and the Wasp.
12. Kid Cudi – Don’t Look Up (2021)
Source:Netflix FilmSuggested Watches: Need for Speed, Entourage, How to Make It in America (TV series), Vincent N Roxxy, We Are Who We Are.
13. Jamie Foxx – Django Unchained (2012)
Suggested Watches: In Living Color (TV series), Booty Call, Any Given Sunday, The Jamie Foxx Show, Breakin’ All The Rules, Ray, Miami Vice, Law Abiding Citizen, Horrible Bosses 1&2, Baby Driver, Just Mercy.
14. 50 Cent – Power (2015)
Source:Power Plus TVSuggested Watches: Get Rich Or Die Tryin’, Southpaw, Den of Thieves.
15. Janet Jackson – Why Did I Get Married Too? (2010)
Source:The Sounds of Chicago KnightSuggested Watches: Good Times (TV series), Diff’rent Strokes (TV series), Poetic Justice, Nutty Professor II: The Klumps, Why Did I Get Married?, For Colored Girls. | https://rnbcincy.com/playlist/black-music-month-celebrating-these-artists-turned-actors/ | 2022-06-13T20:42:49Z | https://rnbcincy.com/playlist/black-music-month-celebrating-these-artists-turned-actors/ | true | 13 |
BOSTON, June 13, 2022 /PRNewswire/ -- The Massachusetts-based event facility, Lombardo's Meetings & Occasions and Vincent's Nightclub housed at 6 Billings Street in Randolph, MA, Lombardo's To Go catering in Norwood, MA, Bardo's Bar Pizza in South Boston, and the Lombardo's retail division which currently produces Lombardo's sausages with other products currently in R + D; has officially launched Lombardo's Hospitality Group (LHG) unifying all silos of the Lombardo family businesses.
The formal organization comes as the long-standing family business makes plans for the future. "We've been a growing family business since 1927 beginning in East Boston with the opening of Liberty Market on Porter Street, and through the years we've evolved opening catering, event, entertainment and retail businesses, and now restaurants. As the next generation of our family further grows and modernizes the businesses, we're creating a brand standard across our entire portfolio with the launch of the Lombardo's Hospitality Group," said Vincent Lombardo, Chief Executive Officer.
The creation of the Lombardo's Hospitality Group (LHG) comes as future plans of expansion are in progress with the next generation of leaders in the family business.
"This is a family business which we all grew up in, has always changed with the needs of our clients and customers, and above all has always thrived. As we lead and grow the fourth generation of the Lombardo's family businesses, the formation of this hospitality group is step one in the next chapter of our businesses' evolution," said David Lombardo, Director of Operations of Lombardo's Hospitality Group (LHG).
With the formation of the new hospitality group brand standards, operations and communications will be unified and new projects are currently under development, including the expansion of the Bardo's Bar Pizza brand. "We're excited for this new chapter and the growth opportunities ahead. Our family has a rich history here in the Boston area and positioning our hospitality group in such a way that tells that story and demonstrates all that we offer for our clients is the primary goal," said Francesca Lombardo, Director of Marketing for Lombardo's Hospitality Group (LHG).
More information on the newly formed Lombardo's Hospitality Group (LHG) can be found by visiting the website https://lombardoshospitality.com.
Lombardo's Hospitality Group (LHG) is a full-service hospitality company which includes: restaurants, catering, event services and consultation, entertainment services and consultation and retail product offerings. Owned and operated as a private holding by the Massachusetts-based Lombardo family, the company began in 1927 in East Boston, MA with the opening of Liberty Market, marking nearly 100 years of serving the communities in which it operates. For more information on Lombardo's Hospitality Group (LHG) please visit: https://lombardoshospitality.com.
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SOURCE Lombardo's Hospitality Group | https://www.blackhillsfox.com/prnewswire/2022/06/13/massachusetts-based-restaurants-retail-catering-event-entertainment-venues-align-create-lombardos-hospitality-group/ | 2022-06-13T20:42:56Z | https://www.blackhillsfox.com/prnewswire/2022/06/13/massachusetts-based-restaurants-retail-catering-event-entertainment-venues-align-create-lombardos-hospitality-group/ | true | 17 |
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Prologis Inc., down $8.81 to $108.43.
The real estate investment trust is buying Duke Realty in an all-stock deal valued at about $26 billion.
Bluebird bio Inc., up 54 cents to $4.27.
The biotechnology company gave investors an encouraging update on the regulatory review for its potential blood disorder treatment.
AST SpaceMobile Inc., up 13 cents to $6.53.
The developer of a space-based cellular broadband network announced plans to launch its BlueWalker 3 test satellite in August.
Revlon Inc., down 88 cents to $1.17.
The Wall Street Journal reported that the cosmetics maker is close to filing for Chapter 11 bankruptcy protection.
Exxon Mobil Corp., down $4.61 to $95.85.
Energy companies slipped with the broader market as oil prices remain volatile.
Freeport-McMoRan Inc., down $3.04 to $37.17.
The copper and gold miner lost ground along with falling prices for precious metals.
Day One Biopharmaceuticals Inc., up $8.34 to $14.96.
The biopharmaceutical company gave investors an encouraging update on the development of a potential brain tumor therapy.
Apple Inc., down $5.25 to $131.88.
Technology stocks with lofty prices were among the biggest losers in a broad selloff over inflation and recession fears. | https://www.bigrapidsnews.com/business/article/Prologis-Revlon-fall-Day-One-Bluebird-bio-rise-17238930.php | 2022-06-13T20:43:41Z | https://www.bigrapidsnews.com/business/article/Prologis-Revlon-fall-Day-One-Bluebird-bio-rise-17238930.php | false | 10 |
MEXICO CITY (AP) — The U.S. State Department imposed visa restrictions Monday on 93 more Nicaraguan officials for their role in supporting the regime of President Daniel Ortega.
Ortega jailed dozens of opposition figures in order to win a fourth consecutive term in Nov. 7 elections that were broadly criticized as a farce. He has also outlawed dozens of nongovernmental organizations.
Since then, dozens of opponents have been tried or convicted in brief trials on vague charges equivalent to treason.
The State Department announced it had pulled the visas of judges who convicted the opposition leaders, as well as legislators who had cooperated in banning NGOs and civic groups.
The department said in a statement that legislators and Interior Ministry officials helped “the regime to tighten its authoritarian grip over Nicaraguan citizens and institutions by using repressive laws to strip more than 400 NGOs and a dozen universities of their legal status.”
It added “the regime holds over 180 political prisoners, with many suffering from a lack of adequate food, proper medical care, and even sunlight. One political prisoner has died, and others remain in solitary confinement.”
The State Department had previously imposed visa restrictions on 116 individuals linked to the Ortega regime, “including mayors, prosecutors, university administrators, as well as police, prison, and military officials.”
In recent months, the Treasury Department has frozen the U.S. assets of the defense minister and other officials in the army, telecom and mining sectors. As with dozens of Nicaraguan officials already under sanctions, U.S. citizens were prohibited from having dealings with them.
With all government institutions firmly within Ortega’s grasp and the opposition exiled, jailed or in hiding, the 75-year-old leader eroded what hope remained the country could soon return to a democratic path. | https://www.ctpost.com/news/article/US-sanctions-93-Nicaraguan-officials-for-crackdown-17238841.php | 2022-06-13T20:44:44Z | https://www.ctpost.com/news/article/US-sanctions-93-Nicaraguan-officials-for-crackdown-17238841.php | false | 13 |
Republican members of Congress want to prevent their colleagues from putting family members on the campaign payroll after several prominent Democratic lawmakers have been called out over the practice.
The Family Integrity to Reform Elections (FIRE) Act, to be introduced by Rep. Pat Fallon (R-Texas) on Monday, would bar any candidate running for federal office from compensating immediate family members for campaign services.
“Maxine Waters [paid] $1.1 million to her daughter from campaign funds,” Fallon told The Post in a statement. “Ilhan Omar, $2.9 million to her husband from campaign funds. James Clyburn, over $200,000 to multiple family members from his campaign.”
“The numbers speak for themselves,” Fallon added. “Americans are sick of politicians abusing their voters’ hard-earned money. This modern-day spoils system must end. My bill shines light on shady campaign finance practices while punishing those who take advantage of these funds to enrich their families.”
It is currently legal for lawmakers to employ family members to work on campaigns. However, Federal Election Commission regulations prohibit paying candidate relatives a salary unless they are “providing bona fide services to the campaign” and the salary represents “fair market value of the services provided.”
The legislation – first reviewed by The Post – would extend the ban to any political committee “established, maintained or controlled by a candidate or an individual holding Federal office” – blocking any current lawmaker from compensating a family member for working on their campaign.
Fallon’s bill would also require campaigns to report any payments made to a candidate’s immediate family members.
Relatives who fall under the proposed ban would include spouses, parents, siblings, grandparents, grandchildren, and domestic partners as well as the spouses of campaign committee members.
If the bill becomes law, any candidate who violates the ban would face a fine of either $100,000 for each violation or twice the amount paid to the family members — whichever is greater — and/or imprisonment for up to two years. The campaign committee would not be permitted to reimburse the candidate for any of the penalties.
The legislation – co-sponsored by Reps. Ronny Jackson (R-Texas), Byron Donalds (R-Fla.), Pete Sessions (R-Texas), Jake Ellzey (R-Texas), Randy Weber (R-Texas), Brian Babin (R-Texas), Andrew Garbarino (R-NY), Kat Cammack (R-Fla.) and Troy Nehls (R-Texas) – faces a steep climb in Congress as both Democratic and Republican candidates have been known to hire immediate family members and pay them for their services.
In 2020, Opensecrets found that more than a dozen current members of Congress – five Republicans and nine Democrats – were paying at least $16,000 in wages to family members.
Waters has long dwarfed her colleagues in this regard, shelling out $24,000 in campaign funds to her daughter Karen in the first quarter of this year alone, per records from the Federal Election Commission.
The records indicate Waters’ daughter was paid by the campaign committee “Citizens for Waters” for “slate mailer management” fees.
The payments mirrored similar outlays in 2021 – during which the younger Waters was paid $81,650 – and the last election cycle, during which she was paid around $240,000.
“Campaign funds should never under any circumstances be used to enrich a candidate or their family. Voters deserve to feel confident that their public officials are running to represent them, not line their own pockets,” Garbarino told The Post in a statement.
“This legislation will shine a light on campaign finance and hold candidates for public office to a higher standard on par with the public trust they wield.” | https://www.thehamdenjournal.com/world/gopers-push-ban-on-lawmakers-paying-family-on-campaigns/221426/ | 2022-06-13T20:45:41Z | https://www.thehamdenjournal.com/world/gopers-push-ban-on-lawmakers-paying-family-on-campaigns/221426/ | true | 2 |
NEW YORK, June 13, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Steel Connect, Inc. ("Steel Connect" or the "Company") (NASDAQ: STCN), in connection with the proposed transaction with Steel Partners Holdings L.P. (NYSE: SPLP). Upon completion of the transaction, the Company's shareholders will receive $1.35 and one contingent value right ("CVR") to receive their pro rata share of net proceeds, to the extent such net proceeds exceed $80 million plus certain related costs and expenses, if Steel Connect's ModusLink subsidiary is sold during the two-year period following completion of the merger.
If you own Steel Connect shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/stcn
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Steel Connect's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $1.35 per-share merger consideration adequately compensates Steel Connect's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.wctv.tv/prnewswire/2022/06/13/shareholder-alert-weiss-law-investigates-steel-connect-inc/ | 2022-06-13T20:48:57Z | https://www.wctv.tv/prnewswire/2022/06/13/shareholder-alert-weiss-law-investigates-steel-connect-inc/ | true | 573 |
NEW YORK, June 13, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Plantronics, Inc. (NYSE: POLY), in connection with the proposed acquisition of POLY by HP Inc. Under the terms of the merger agreement, POLY shareholders will receive $40.00 in cash for each share of POLY common stock owned. If you own POLY shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/poly
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Trecora Resources (NYSE: TREC), in connection with the proposed acquisition of TREC by an affiliate of Balmoral Funds, LLC via a tender offer. Under the terms of the merger agreement, TREC shareholders will receive $9.81 in cash for each share of TREC common stock owned. If you own TREC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/trec
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN) in connection with the proposed acquisition of BHVN by Pfizer Inc. ("Pfizer"). Under the terms of the merger agreement, Pfizer will acquire all outstanding shares of BHVN not already owned by Pfizer for $148.50 per share in cash. BHVN common shareholders, including Pfizer, will also receive 0.5 of a share of New Biohaven per BHVN common share, a new publicly traded company that will retain BHVN's non-calcitonin gene-related peptide development stage pipeline compounds. If you own BHVN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/bhvn
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Switch, Inc. (NYSE: SWCH), in connection with the proposed acquisition of SWCH by funds managed by DigitalBridge Group, Inc. Under the terms of the merger agreement, SWCH shareholders will receive $34.25 in cash for each share of SWCH common stock owned. If you own SWCH shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/swch
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SOURCE Weiss Law | https://www.wctv.tv/prnewswire/2022/06/13/shareholder-alert-weiss-law-reminds-poly-trec-bhvn-swch-shareholders-about-its-ongoing-investigations/ | 2022-06-13T20:49:03Z | https://www.wctv.tv/prnewswire/2022/06/13/shareholder-alert-weiss-law-reminds-poly-trec-bhvn-swch-shareholders-about-its-ongoing-investigations/ | true | 23 |
Any reasonable observer already knows Trump lost the 2020 election, and that his claims of election fraud were tenuous at best. However, Monday’s January 6 committee hearing reinforced just how clear all of these facts were, or should have been, to Trump and his inner circle in the days, weeks, and months after Election Day.
The day’s testimony lacked one key witness: Trump campaign manager Bill Stepien pulled out of the hearing after his wife went into labor. Despite that, the committee, with Rep. Zoe Lofgren (D-CA) taking the lead on questions, was able to lay out a clear timeline of Trump’s decision to reject the election results and how top aides repeatedly debunked various claims of fraud.
Here are four takeaways from the second hearing of the select committee investigating the circumstances around the January 6 attack on the Capitol:
An “apparently intoxicated” Rudy Giuliani wanted Trump to prematurely declare victory
Rudy Giuliani was both a key player and the comic relief in Monday’s proceedings. The committee laid out not only his role in jumpstarting what Democrats call “the Big Lie” in urging Trump to prematurely declare victory on election night, but also revealed his sozzled state at the time.
Although the hearing was generally somber, the committee chuckled at vice chair Rep. Liz Cheney’s (R-WY) characterization of Rudy Giuliani as “apparently intoxicated” on the night of the 2020 election. Although the former New York mayor’s bibulousness is well documented, the committee sought to establish that he was not only the sole person in Trump’s inner circle that night urging him to declare premature victory, but that he did so in a “tired and emotional” state.
As top Trump aide Jason Miller (who served on Giuliani’s 2008 presidential campaign) testified in a deposition, “the mayor was definitely intoxicated.” While all of Trump’s other aides told him to be cautious — in a video deposition, Stepien said he’d suggested that Trump say that “it’s too early to call but we are proud of the race we’ve ran” — members of Trump’s team told the committee that Giuliani urged the former president to give the late-night speech in which Trump famously said, “frankly we did win this election.”
Afterward, committee member Rep. Jamie Raskin (D-MD) told reporters, said Giuliani’s sobriety “didn’t make much difference” from his perspective, but that “it does further erode whatever credibility you might have placed in his judgment.”
There were two competing factions in Trump’s inner circle and “Team Normal” lost
Stepien described Trumpworld as being divided after the election was called, between “Team Normal” — those who accepted the result of the election — versus those aligned with Giuliani’s efforts to overturn the election.
In a video deposition, Stepien, a longtime aide to former New Jersey Gov. Chris Christie, said he was in the former camp, because “I didn’t think what was happening was necessarily honest or professional.” Eric Herschmann, a Trump White House lawyer who defended the former president on the Senate floor during the first impeachment and another member of “Team Normal,” bluntly told the committee during his interview, “What they were proposing, I thought was nuts.”
He added, “I mean, it was a combination of Italians, Germans, I mean, different things floating around as to who was involved. Hugo Chavez and the Venezuelans … something with the Philippines, just all over the radar.”
“Team Normal” lost. Stepien said he essentially “stepped away” from the campaign as conspiracy theories multiplied, and that Giuliani became the de facto campaign manager. The campaign’s outside lawyers also steadily “disengaged.” As Matt Morgan, the Trump campaign’s general counsel, put it, “law firms were not comfortable making the arguments that Rudy Giuliani was making publicly.” The result left Trump with a shrunken legal team consisting of figures like Giuliani and Sidney Powell who were willing to embrace his unfounded and fringe claims about the election.
Alex Cannon, a Trump campaign lawyer who testified in a video deposition, spoke about the backlash those who punctured Giuliani’s conspiracy theories faced. He said when he told Giuliani ally Peter Navarro that there was no evidence of fraud, he was promptly accused of being “an agent of the deep state.”
The committee’s evidence seemed to suggest that, over time, Trump’s circle was increasingly dominated by those who told him what he wanted to hear, rather than what was happening. This contributed to the situation former Attorney General William Barr described in his deposition: A lame-duck president “detached from reality.”
As time went on, Trump became “detached from reality”
Barr, along with other administration officials, described playing “whack-a-mole” with Trump’s false claims of fraud.
Every time one false claim was dispelled, they said, the former president would bring up another. Aides repeatedly intervened to tell Trump that he had lost the election, and described taking each claim seriously, investigating it until they had the facts and reporting back to Trump. Former acting Attorney General Richard Donoghue described one meeting during which Trump seemed to accept the gathered evidence, but for each conspiracy theory aides were able to explain away, he had another he’d latch onto.
Barr described one popular conspiracy theory around the 2020 election, that it’d been rigged by voting machine malfeasance, as “idiotic.” Other Justice Department officials testified that they repeatedly insisted to Trump that other conspiracy theories around the election were simply “not true,” including viral claims of ballot box stuffing in Georgia promoted by Giuliani or Trump’s false claims of “big massive dumps” of illegal votes.
Essentially, the committee suggested, Trump knew or should have known that his lies about the election were just that — falsehoods, or as Barr put it, “bullshit.” But he repeated them anyway, which helped lead to the violence on January 6.
Trump raised a lot of money by lying
The committee closed the hearing by chronicling how the Trump campaign raised $250 million from the false claims of election fraud, sending out a relentless stream of emails to supporters. Its last fundraising email on that topic, the committee said, was sent only a half-hour before the Capitol was breached.
The emails often touted an “election defense fund.” However, there was no such thing. The money went to Trump’s Save America PAC, which spun off million-dollar payments to two other groups with connections to Trump allies and spent over $200,000 at Trump-owned hotels. As Trump digital director Gary Coby testified to the committee in a deposition, “it was just a marketing tactic.”
Rep. Lofgren used this to characterize the Trump effort to overturn the election as not just “a big lie,” but as a “big rip-off as well.” Trump, the committee argues, not only endangered democracy with his lies, but used his lies to bolster his political future, and to enrich himself and his allies while doing so. | https://www.vox.com/2022/6/13/23166193/congress-house-committee-trump-capitol-giuliani-january-6-hearing | 2022-06-13T20:50:24Z | https://www.vox.com/2022/6/13/23166193/congress-house-committee-trump-capitol-giuliani-january-6-hearing | true | 1 |
Spongy Moth Aerial Treatments to Resume in Late June
FOR IMMEDIATE RELEASE: June 13, 2022
Contact: Morgan Cavitt, Public Information Officer, (608) 852-7438, morgan.cavitt@wisconsin.gov
Stephanie Jentz, Plant Industry Public Information Officer, (608) 347-1082, stephanie.jentz@wisconsin.gov
MADISON, Wis. – The Wisconsin Department of Agriculture, Trade and Consumer Protection (DATCP) plans to treat 32 sites across 15 western Wisconsin counties for spongy moth, formerly known as gypsy moth, starting in late June. Residents can expect to see and hear loud, low-flying planes as early as sunrise.
From late June to mid-July, planes will spray an organic, biodegradable mating disruptor containing spongy moth pheromone, which inhibits the adult male spongy moth's ability to locate females. This mating disruptor is not harmful to humans, animals, birds, or other insects. According to the Environmental Protection Agency, there is no health risk to humans, and no adverse effects have been reported in the two decades that this pheromone has been used for spongy moth control.
“These treatments are highly effective at reducing the mating success of this insect. The chemical signal released is specific to spongy moth and will not interfere with the life cycle of other insects," said Christopher Foelker, DATCP Spongy Moth Program Manager.
The following counties are scheduled to receive treatment: Barron, Bayfield, Buffalo, Burnett, Chippewa, Dunn, Grant, Eau Claire, Lafayette, Pepin, Rusk, Sawyer, Trempealeau, Vernon and Washburn.
Spongy moths are non-native pests that defoliate many tree species during their caterpillar stage, causing tree stress and potentially tree death. The harmful effects of spongy moths include the cost of removing dead trees and potential loss of property value. Caterpillars also shed their skin several times as they feed, and these bristly skins can irritate the eyes, skin, and respiratory system in humans.
Treatments are expected to begin in late June in southwestern Wisconsin and end in mid-July in northwestern Wisconsin. Maps of specific treatment areas are available online at https://smaerialspray.wi.gov.
To receive up-to-date information on treatment plans:
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Note: A new common name for Lymantria dispar, spongy moth, replaced the prior name of this insect, gypsy moth, in 2022. Thank you for your patience and understanding as we transition through the name change process. For more information, visit the Entomological Society of America website.
Find more DATCP news in our newsroom, on Facebook, Twitter, and Instagram. | https://www.einpresswire.com/article/576610366/spongy-moth-aerial-treatments-to-resume-in-late-june | 2022-06-13T20:52:37Z | https://www.einpresswire.com/article/576610366/spongy-moth-aerial-treatments-to-resume-in-late-june | true | 1 |
A B.C. man who committed fraud 63 times may not be allowed to renew his driver’s licence as a penalty for failing to pay any amount of the $7.6 million he has owed for over four years.
A B.C. Securities Commission panel made the final decision June 10, exercising a recent power it acquired to request ICBC not renew or issue a driver’s licence for someone who hasn’t fully paid a sanction imposed against them.
Paul Se Hui Oei was ordered to pay $7.6 million in December 2017, after the securities commission found him guilty of defrauding 19 investors between 2009 and 2013. The panel ordered him to repay investors the more than $5 million he had stolen, $2 million of which he had already returned, and pay an administrative penalty of $4.5 million.
He was also issued a permanent market ban.
Since then, the securities commission says another party has paid back $69,887, but Oei himself has yet to pay a dollar.
In March 2021, the securities commission gained its new driver’s licence penalty power, and in August it sent a letter to Oei notifying him it would be advising ICBC not to renew or issue him a licence.
Oei pushed back though.
He said he required a licence so he could be an emergency driver for his 84-year-old father-in-law who has health issues, and his 11-year-old daughter. Oei said his wife works full time and isn’t always available to drive.
He also argued he hasn’t been able to repay investors or pay his fines because he is on the edge of bankruptcy. He provided T4 statements showing he made $6,985.58 in 2020 and $12,448.84 in 2021, and added the only reason he hasn’t filed for bankruptcy is because he can’t afford the proceedings. He said losing his licence would make it harder for him to acquire work and pay the fines.
The securities commission’s executive director opposed Oei’s application, arguing it is in the public interest to impose further penalties on him, that an inconvenience to his family is not reason enough not to, and that Oei failed to prove how a lack of licence would limit job opportunities.
In their June 10 decision, the panel agreed with the executive director. They pointed out that because Oei didn’t have a car of his own, if his father-in-law was in medical need Oei would need to first make his way over without a vehicle before borrowing his father-in-law’s car to get him to the hospital. An ambulance, the panel said, would likely be faster. They added Oei hadn’t provided evidence that his daughter has specific medical needs.
The panel further pointed out that Oei hadn’t attempted to enter into a payment agreement, which could allow him to keep his licence, and that he continued to portray himself as the victim.
“…the Applicant continues to show no remorse or responsibility for his role in the fraud and misappropriation in this matter and, through his own acts and words, makes clear that he has failed to accept the original findings and decision of the panel,” the panel wrote in their decision.
They added that the more than $7 million owed by Oei far exceeds the $3,000 minimum threshold set out for the driver’s licence penalty.
The securities commission will go through with its request to ICBC.
READ ALSO: 4 men charged in alleged B.C. fraud ring: RCMP
READ ALSO: Scam emails, donation fraud surge in Canada as Ukraine crisis continues
@janeskrypnek
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AMSTERDAM (AP) — The Rolling Stones canceled their concert in Amsterdam on Monday, just hours before it was due to start after lead singer Mick Jagger tested positive for COVID-19.
The band announced the cancelation in a statement, saying the 78-year-old Jagger tested positive “after experiencing symptoms of COVID upon arrival at the stadium” on the outskirts of Amsterdam. There were no further details about his condition.
“The Rolling Stones are deeply sorry for tonight’s postponement, but the safety of the audience, fellow musicians and the touring crew has to take priority,” the statement said, adding that the show would be rescheduled and tickets for the concert at Amsterdam’s Johan Cruyff Arena would be honored for the new date.
Some fans were already in the stadium when it was announced that the show had been scrapped.
The veteran rockers are touring Europe with a show called SIXTY to mark six decades together. Their last show was at Liverpool’s Anfield Stadium on June 9. The next scheduled concert is in Bern, Switzerland, on June 17.
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Follow AP’s pandemic coverage at https://apnews.com/hub/coronavirus-pandemic | https://www.fox21news.com/news/international/ap-international/no-satisfaction-jagger-has-covid-rolling-stones-gig-off/ | 2022-06-13T20:56:56Z | https://www.fox21news.com/news/international/ap-international/no-satisfaction-jagger-has-covid-rolling-stones-gig-off/ | false | 45 |
The June 18-19 event, presented by the Kinder Foundation, will feature local vendors, a resource fair, community impact discussions, national recording artists and more - all to commemorate the park's 150th anniversary and June 19, 1865, the date slavery was abolished in Texas.
ABC13 is the television partner of the Juneteenth celebration at Emancipation Park.
Emancipation Park was founded in 1872 by four local freedmen and the community as a place for unity, empowerment, remembrance and the celebration of emancipation and Juneteenth.
"This would never have been here had they not worked together as a community," said Jackie Bostic, vice-chairman of the Emancipation Park Conservancy Board and the great-granddaughter of Jack Yates, an Emancipation Park founder. "This is something we should all be proud of."
Part of the festivities will include drawing on gospel star power.
Ramon Manning, chairman of the Emancipation Park Conservancy board, announced that recording artists, musicians and entertainers Earnest Pugh, Zacardi Cortez, Monica Lisa Stevenson and Pastor Mike will be among those in the lineup.
And then, the celebration will take it family-reunion style with performances from the Isley Brothers, Kool & the Gang, and Frankie Beverly and Maze.
"No event at this scale has happened in any community of color in this city's history," Manning said.
Part of the Juneteenth celebration will also include lectures and talks online, covering everything from economic empowerment to health and wellness disparities in communities of color through programs with Memorial Hermann and Harris Health.
And in the spirit of go big or go home, Manning said they're definitely going big, with plans to give out $150,000 in mini grants to community organizations.
Look out for the full list of activities and events as well as parking information online soon on epconservancy.org.
The event is free, but you will still need a ticket to get in. For information, you can call 713-528-1872.
SEE ALSO: Murals, movies and more: Citywide Juneteenth celebrations to know
Juneteenth recognizes the first day of freedom for enslaved Africans in Texas and commemorates the end of slavery in the United States as a whole.
The Emancipation Proclamation issued by President Abraham Lincoln freed enslaved people in Confederate states in 1863. It was a measure meant to punish the Confederacy during the U.S. Civil War and did not cover enslaved Africans in border states.
It also failed to free those held in bondage in Texas. That would not come until June 19, 1865, when Union General Gordon Granger landed in Galveston, Texas, and issued General Order #3. Popular belief is that the enslaved Africans in Texas did not know about the Emancipation Proclamation until Granger's announcement.
However, some historians have disputed that claim. You can read more about why here in this story about how the United States came to celebrate Juneteenth.
In 2021, Juneteenth became a federal holiday. That effort was led by Texan Opal Lee, who shared with ABC13 last year how she first celebrated the holiday as a child growing up in Marshall before moving to Fort Worth at age 10.
But there was one story she kept quiet her whole life: the night when 500 white rioters forced her family out of their home and set it on fire.
"The people didn't want us. They started gathering. The paper said the police couldn't control the mob. My father came with a gun and police told them if he busted a cap they'd let the mob have us," Lee recalled. "They started throwing things at the house and when they left, they took out the furniture and burned it and burned the house."
It happened on June 19, 1939. Juneteenth.
"People have said that perhaps this is the catalyst that got me onto Juneteenth, I don't know that," said Lee.
But instead of dwelling on what happened, she worked to make sure people never forgot Juneteenth.
In 2016, when she was about to turn 90 years old, she had the idea to walk from Fort Worth to Washington, D.C. She was hoping somebody would "notice a little old lady in tennis shoes," she said, and notice they did.
In 2020, lawmakers introduced a resolution aiming to recognize the historical significance of the holiday.
Despite opposition, on June 17, 2021, President Joe Biden signed the Juneteenth National Independence Day Act into law. | https://abc13.com/juneteenth-2022-emancipation-park-houston-federal-holiday-biden-signs/11955471/ | 2022-06-13T20:59:24Z | https://abc13.com/juneteenth-2022-emancipation-park-houston-federal-holiday-biden-signs/11955471/ | true | 1 |
Conservation Partnership Again Deploys “Island” for Colonial Nesting Waterbirds
Tern platform with new solar platform, May 2022. Photo by Archer Larned, Maryland Coastal Bays Program.
The partnership of the Maryland Department of Natural Resources (DNR), Audubon Mid-Atlantic, and Maryland Coastal Bays Program is continuing an innovative conservation project to preserve three of Maryland’s state listed endangered colonial nesting waterbirds — the common tern, royal tern, and black skimmer.
The project, now in its second year, is providing a floating wooden-framed platform as a nesting site for endangered colonial waterbirds, which have declined by a staggering 90-95% since the mid-1980s due to sea level rise and the erosion of their natural barren sand nesting islands in the coastal bays. The initial year of the project was an immediate success. The platform was successfully used for nesting by 23 pairs of common terns, making it the largest breeding colony of this species in the Coastal Bays in 2021.
“The immediate success of the project is encouraging,” said Director of Bird Conservation Dr. David Curson of Audubon Mid-Atlantic. “But the fact that the largest Common Tern colony in the coastal bays system last year was on this small artificial island illustrates just how dire the situation is for these birds. In 2003, there were more than 500 pairs of Common Terns nesting at six natural colony sites in the coastal bays – today, most of these former sites have been degraded by erosion and some have been washed away entirely.”
This year the partnership has expanded the size of the nesting platform from 1,024 square feet to 2,304 square feet, by adding five new raft sections to the four used in 2021. The rafts are latched together in a square formation that flexes at the joints as waves roll beneath it. This design allows the platform to safely withstand large waves and strong winds during storm events. The project team hopes the larger platform will not only support a larger tern colony, but also may attract Black Skimmers to nest alongside the terns.
The project team has also expanded in 2022. Maryland Coastal Bays Program hired Archer Larned, Ph.D., to the newly created position of Coastal Bird Habitat Coordinator to assist with the project, using funds provided by US Wind. “We will monitor the platform closely through the 2022 breeding season,” said Larned. “Early signs are encouraging. Remote cameras installed on the platform show that about 50 Common Terns are already using it for roosting, and we are hoping that nesting activity will begin soon.”
Dave Brinker, of Maryland DNR Wildlife and Heritage Service, has been monitoring colonial nesting waterbird populations in Maryland since 1985.
“This project shows great promise in offering endangered colonial waterbirds much-needed nesting sites,” Brinker said. “But in order to fully recover and sustain populations of terns and skimmers in the coastal bays it is essential that we restore and maintain former sand islands that have been lost to erosion. To achieve that we will need a long-term strategy that allocates locally dredged sand for island restoration.”
DNR’s Wildlife and Heritage Service is providing technical assistance, materials, and funding through federal Pittman-Robertson funds that the state receives from the U.S. Fish and Wildlife Service. Match for these federal funds comes from Maryland Program Open Space funds used to purchase land for state Wildlife Management Areas and from the Chesapeake Bay and Endangered Species fund (state income tax checkoff). Audubon Mid-Atlantic and Audubon’s Seabird Institute are providing technical support and assistance with planning, coordination, and raft construction under a contract with DNR. Maryland Coastal Bays Program is assisting with local support, planning, coordination, and providing local volunteer assistance.
“Addressing the population declines of these important bird species is a high priority for our department and our partners,” said Jeannie Haddaway-Riccio, Secretary of the Maryland Department of Natural Resources. “We are pleased to support innovative measures and long-term efforts to give them the best possible chance to rebound.” | https://www.einpresswire.com/article/576617260/nesting-platform-initiative-in-maryland-coastal-bays-begins-second-year | 2022-06-13T21:07:36Z | https://www.einpresswire.com/article/576617260/nesting-platform-initiative-in-maryland-coastal-bays-begins-second-year | false | 5 |
Order will block plan until suit brought by Lake George Association resolved
By Zachary Matson
The Lake George Park Commission will have to wait to carry out its planned use of a chemical herbicide on Lake George after a Warren County judge on Monday halted the plan.
Judge Robert Muller of state Supreme Court in Warren County granted a preliminary injunction preventing the state agency from carrying out its plan to use ProcellaCOR EC against invasive Eurasian watermilfoil until the court can resolve a lawsuit filed last month by the Lake George Association and others.
The injunction will stop the state agency from using the herbicide this year under an Adirondack Park Agency permit that required the plan be carried out by the end of June. The APA approved the plan at its April meeting on a split vote.
The lake association, Lake George Waterkeeper Chris Navitsky, the Town of Hague and a lakeshore property owner sued to stop use of the herbicide, alleging procedural errors by state officials and calling for more analysis of how the herbicide would impact Lake George.
Muller ruled that state officials did not present an argument to support an urgent need to apply the herbicide this summer and concluded the case should move forward while the plan is shelved.
“While the court is not entirely convinced that the application of ProcellaCOR will result in injury to Lake George, petitioners have succeeded in raising questions in this regard – and it is indisputable that if ProcellaCOR does result in injury, that injury will be irreprable,” Muller wrote.
Water updates
Sign up for the “Water Line” newsletter, with weekly updates about pollution, climate change and development’s impacts on the Adirondacks’ lakes, rivers and streams. | https://www.adirondackexplorer.org/stories/lake-george-herbicide-halted | 2022-06-13T21:08:53Z | https://www.adirondackexplorer.org/stories/lake-george-herbicide-halted | true | 1 |
DORAL, FLA. (WSVN) - A suspected driver involved in a hit-and-run over the weekend made an appearance at a hearing.
Thirty-year-old Danlesha Hall appeared before a judge, Monday morning.
Dramatic cellphone video captured the moments after the crash near the intersection of Northwest 36th Street and 87th Avenue, Saturday night. A woman was hit and left on the road, and her husband dragged a quarter mile. Their van was dented and the other driver was also long gone.
Michael Skinner, the eyewitness who recorded the video, told 7News he saw the whole thing play out.
“We heard a lot of commotion, it seemed like a car was struck and the people tried getting out of the car to see the damage,” said Skinner.”The car that hit them took off and dragged the guy many, many blocks. The lady was still on the floor, paramedics came and got her.”
Skinner said the victims were driving a black van when a car rear-ended them.
“People getting out of their cars, people screaming. I originally thought someone got run over,” he said.
According to police, Gloria Rodriguez and Guillermo Cabellero confronted Hall because they were involved in an accident nearby.
Witnesses called 911 as they watched. Area surveillance video would lead detectives to a hotel and eventually to Hall, who according to court documents, confessed to investigators.
According to the documents Hall said, “She was confronted by both victims…began to strike her vehicle front windshield and screaming in Spanish and due to the language barrier…she was in fear of her life”.
Hall was charged with two counts of aggravated battery.
Her bond was set at $15,000, and she was also ordered to stay away from the victims.
Copyright 2022 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. | https://wsvn.com/news/local/miami-dade/doral-hit-and-run-driver-appears-before-judge/ | 2022-06-13T21:14:26Z | https://wsvn.com/news/local/miami-dade/doral-hit-and-run-driver-appears-before-judge/ | true | 1 |
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Dhananjay’s gangster drama Head Bush gets a release date
Dhananjay’s home production house Daali Pictures is backing Head Bush in association with Somanna Talkies. The project will be distributed by KRG Studios.
Published: 13th June 2022 08:15 AM | Last Updated: 13th June 2022 08:15 AM | A+A A-
The Dhananjay-starrer Head Bush is scheduled to hit screens on October 21. Directed by Shoonya, the film is a gangster drama based on MP Jayaraj, the first underworld don from Bengaluru.
Charan Raj is scoring the music for the film, which has Paayal Rajput making her Kannada debut. The film has an ensemble cast including the likes of Crazy Star Ravichandran, Loose Mada-fame Yogi, Raghu Mukherjee, Vasishta N Simha, and Balu Nagendra.
Dhananjay’s home production house Daali Pictures is backing Head Bush in association with Somanna Talkies. The project will be distributed by KRG Studios.
Meanwhile, Dhananjay has a slew of releases lined up. He will next be seen in Shivarajkumar’s Bairagee, which is slated for release on July 1. Dhananjay also has Monsoon Raaga, directed by S Ravindranath, and Kushal Gowda’s Once Upon a time in Jamaliguda, scheduled for release on August 12 and September 9, respectively. | https://www.newindianexpress.com/entertainment/kannada/2022/jun/13/dhananjaysgangster-dramahead-bush-gets-a-release-date-2464812.html | 2022-06-13T21:15:06Z | https://www.newindianexpress.com/entertainment/kannada/2022/jun/13/dhananjaysgangster-dramahead-bush-gets-a-release-date-2464812.html | false | 1 |
NEW YORK, June 13, 2022 /PRNewswire/ -- The Kinetix Group (TKG) announced that it has been certified as a Great Place to Work by the Great Place to Work® Institute.
Great Place to Work Certification demonstrates that a company has created an excellent employee experience. The score reflects independent analysis and feedback captured from the company's employees.
Feedback comes through the Trust Index survey, which has been used to assess employee experience for workplaces around the globe and incorporates five dimensions: credibility, respect, fairness, pride and camaraderie. In the survey, 98% of TKG employees said that the company is a great place to work.
When asked about the company culture, 96% of employees said people care about each other.
"From the very beginning, John and I started out with a vision of creating a stimulating work environment that offered a balance between home and work, where employees felt valued as people first," said Sarah McNulty, president and co-founder of TKG. "Great Place to Work is a wonderful recognition of this goal. Best of all, this certification reflects the voice of the staff, not just leadership. We want to thank everyone who comes to work at TKG each day. They are the ones who make it great."
Additionally, 98% of employees said that people are given a lot of responsibility.
"Sarah and I believe our close, long-term customer relationships are due to the trust in employees' consistent ability to deliver innovative, quality projects–guided by a committed client-team partnership model. The clients sense that our employees enjoy and respect the company culture. We thank them for voting TKG a great place to work," added John Strapp, chairman and co-founder of TKG.
For more information about TKG's Great Place To Work Certification, please visit here. To learn about employment opportunities, visit thekinetixgroup.com/culture/ or contact Rachna Pawar, executive vice president at TKG at rachnap@thekinetixgroup.com.
The Kinetix Group
TKG empowers life science companies to effectively engage with health system and payer customers by developing strategies and real-world solutions aimed at impacting the right patient, at the right time, with the right care. TKG also works directly with health systems and payers to build and implement value-based delivery models for identified patient populations. To learn more, go to www.thekinetixgroup.com.
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SOURCE The Kinetix Group | https://www.kltv.com/prnewswire/2022/06/13/kinetix-group-earns-great-place-work-certification/ | 2022-06-13T21:16:04Z | https://www.kltv.com/prnewswire/2022/06/13/kinetix-group-earns-great-place-work-certification/ | false | 11 |
The Supreme Court has ruled against immigrants who are seeking their release from long periods of detention while they fight deportation orders.
In two cases decided Monday, the court said that the immigrants, who fear persecution if sent back to their native countries, have no right under a federal law to a bond hearing at which they could argue for their freedom no matter how long they are held.
The justices also ruled 6-3 to limit the immigrants ability to band together in court, an outcome that Justice Sonia Sotomayor wrote “will leave many vulnerable noncitizens unable to protect their rights.”
In recent years, the high court has taken an increasingly limited view of immigrants’ access to the federal court system under immigration measures enacted in the 1990s and 2000s.
“For a while, it seemed like the court was going to push back a bit. In extreme cases, it would interpret a statute to allow for as much judicial review as possible,”said Nicole Hallet, director of the immigrants rights clinic at the University of Chicago law school. “Clearly now, the court is no longer willing to do that.”
The immigrants who sued for a bond hearing are facing being detained for many months, even years, before their cases are resolved.
The court ruled in the cases of people from Mexico and El Salvador who persuaded Homeland Security officials that their fears are credible, entitling them to further review.
Their lawyers argued that they should have a hearing before an immigration judge to determine if they should be released. The main factors are whether people would pose a danger or are likely to flee if set free.
Sotomayor wrote the court’s opinion in one case involving Antonio Arteaga-Martinez, who had previously been deported to Mexico. He was taken into custody four years ago, and won release while his case wound through the federal courts. His hearing on whether he can remain in the United States is scheduled for 2023.
But Sotomayor wrote that the provision of immigration law that applies to people like Arteaga-Martinez simply doesn’t require the government to hold a bond hearing.
The court, however, left open the issue of the immigrants’ ability to argue that the Constitution does not permit such indefinite detention without a hearing.
Justice Samuel Alito wrote the court’s opinion holding that federal judges can only rule in the case of the immigrants before them, not a class of similarly situated people.
Sotomayor dissented from that decision, joined by Justices Stephen Breyer and Elena Kagan. She wrote that the ability to join together in a class was especially important for people who have no right to a lawyer and “are disproportionately unlikely to be familiar with the U.S. legal system or fluent in the English language.”
The cases are Johnson v. Arteaga-Martinez, 19-896, and Garland v. Aleman Gonzalez, 20-322. | https://www.mynews13.com/fl/orlando/news/2022/06/13/supreme-court-rules-against-immigrants-detained-seeking-release | 2022-06-13T21:17:19Z | https://www.mynews13.com/fl/orlando/news/2022/06/13/supreme-court-rules-against-immigrants-detained-seeking-release | false | 42 |
Albertville man charged with swindling 35 victims in contracting scheme
Albertville resident Richard Wooton is charged with swindling 35 victims from July 1, 2017 to July 31, 2018 in Wright and Hennepin counties.
According to the June 2 complaint, the 35 victims reported a total loss of around $849,734 and six subcontractors were not paid a total of $481,203.
The alleged swindling included contractor fraud with Crossroads Remodeling, LLC for home remodeling projects. The work was either never completed or started.
The investigation into Crossroads determined that the Minnesota Department of Labor granted a contractor’s license March 21, 2017, to Crossroads while the owner was married to Wooton.
There was a condition of the license that prohibited Wooton from holding a position of managerial, ownership or supervisory responsibility in Crossroads. Wooton did not have a contractor’s license, and according to the complaint, was ordered to cease and desist engaging in work as a residential contractor in 1999 after never starting work with unknown homeowners and not returning the money taken.
According to the complaint, Wooton has multiple prior felony convictions. From July, 2017 to July 2018, according to the complaint, Wooton claimed to be the Crossroads owner, offered a 10% discount to homeowners who paid their bill early and claimed to be a military veteran and was going to donate a portion of the funds to a veterans’ cause.
Some of the victims, according to the complaint, include a resident in Maple Grove who was swindled in 2017 for a $53,928 house construction project that was never started. A resident of Rogers in March 2018 paid $47,829 for a screened-in porch project that was never started. In 2018, a Wright County resident was swindled for around $53,775 for an addition on their home that was never started. A resident in Hennepin County April 2018 was swindled for around $35,369 to replace a deck that was never started.
In total, there were three victims from Maple Grove, 23 victims from Wright County, one from Rogers, one from Wayzata, four from Hennepin County, one victim in Deephaven and one from Sherburne County.
Wooton was in the Hennepin Count Jail with bail set at $500,000 June 7. He posted bond June 8 and was released. His hearing started at 1:31 p.m. June 9.
If convicted, Wooton could face up to 20 years in prison and/or a $100,000 fine. | https://www.newsbreak.com/news/2632760482261/albertville-man-charged-with-swindling-35-victims-in-contracting-scheme | 2022-06-13T21:17:40Z | https://www.newsbreak.com/news/2632760482261/albertville-man-charged-with-swindling-35-victims-in-contracting-scheme | false | 1 |
Marvel Taps Jake Schreier to Direct ‘Thunderbolts’
Jake Schreier, director of well-known John Green adaptation Paper Towns, has just boarded one of Marvel’s upcoming titles, Thunderbolts. The film is said to follow a story with villains of the MCU at its center. More specifically, The Thunderbolts: a group of supervillains from the Hulk...
movies.mxdwn.com | https://www.newsbreak.com/news/2632761232526/marvel-taps-jake-schreier-to-direct-thunderbolts | 2022-06-13T21:17:47Z | https://www.newsbreak.com/news/2632761232526/marvel-taps-jake-schreier-to-direct-thunderbolts | true | null |
(WXIN) – Fan of Jack and Coke? Soon, you’ll be able to get the classic cocktail pre-mixed in a can.
Coca-Cola and Brown-Forman Corporation, the parent company of Jack Daniels Tennesse Whiskey, announced the partnership this week. It’ll bring Jack Daniels and Coca-Cola together in the same can to mimic the classic mixed beverage.
A prototype black can recalls both the label of Jack Daniels as well as the older Coke Zero can. The companies said the cans will be clearly marked to distinguish them from regular soda.
The drink will be available around the world, although its initial launch is scheduled for Mexico in late 2022. It will be sold in both regular and zero sugar versions.
The alcohol beverage volume (ABV) is expected to be about 5%. It will, however, vary by market, the companies said.
A U.S. launch is expected next year, according to CNN. | https://www.yourcentralvalley.com/news/trending/jack-coke-in-a-can-the-classic-mixed-drink-is-coming-to-stores-soon/ | 2022-06-13T21:19:02Z | https://www.yourcentralvalley.com/news/trending/jack-coke-in-a-can-the-classic-mixed-drink-is-coming-to-stores-soon/ | true | null |
You can have your name sent to the moon. Here’s how
(Gray News) – Have you ever wanted to fly to the moon? Well, now you can at least have your name sent around it!
NASA’s launch of Artemis I will include a flash drive with the names of millions of people on Earth loaded onto it.
The space agency says Artemis I will be the first uncrewed flight test of the Space Launch System rocket and the Orion spacecraft and will pave the way toward landing the first woman and first person of color on the moon.
You can visit NASA’s website and enter your name and a PIN to receive a boarding pass.
The boarding pass is complete with information about the launch, including the location, launch vehicle name and spacecraft name.
This pass can be downloaded and printed out for display.
The historic launch of Artemis I is set to take place at the Kennedy Space Center in Florida sometime later this year or in 2023.
NASA says the launch will be the first in a series of “increasingly complex” missions to build a long-term human presence at the moon.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kptv.com/2022/06/13/you-can-have-your-name-sent-moon-heres-how/ | 2022-06-13T21:23:22Z | https://www.kptv.com/2022/06/13/you-can-have-your-name-sent-moon-heres-how/ | false | 11 |
*To quote the shingles ad that we see all the time on TV, COVID don’t care. Nope, it doesn’t matter who you are, you could test positive. And that’s what’s happening with the Reverend Al. Sharpton.
We learned this news because of a press release sent out by the National Action Network (NAN). It revealed that Sharpton, the founder and president of the National Action Network, tested positive for COVID-19 last week.
Sharpton, who also hosts “Politics Nation” on Saturdays and Sundays on MSNBC stated that although he has displayed no symptoms, he is taking his doctor’s advice and quarantining so no one around him is affected. Meanwhile, He will still do his radio and television shows from a remote location as he recovers.
Sharpton released a statement via NAN: “On Friday, I tested positive for COVID-19 but have not displayed any symptoms at this time. On my doctor’s advice, I am quarantining over the next several days to keep those around me safe. I will continue to do my radio and TV shows remotely over that time. Please continue to get vaccinated and boosted if you haven’t already.”
MORE NEWS ON EURWEB: Ex NBA Star Paul Pierce Sued Over Loans for Poker Games – Is He Broke?
@TheRevAl statement: “On Friday, I tested positive for COVID-19 but have not displayed any symptoms at this time. On my doctor’s advice, I am quarantining over the next several days to keep those around me safe. I will continue to do my radio and TV shows remotely”…. pic.twitter.com/KMsPm429za
— Rachel (@rachelnoerd) June 11, 2022
Meanwhile, Sharpton has recently announced that two screenings of his new documentary, Loudmouth, have sold out at the Tribeca Festival (formerly known as the Tribeca Film Festival) in New York City, according to BE. The screenings are scheduled to take place this weekend, on June 18 and 19.
View this post on Instagram
Wait. There’s more … The Rev. has a message for you, below.
View this post on Instagram | https://eurweb.com/2022/06/13/rev-al-sharpton-announces-hes-tested-positive-for-covid-19/ | 2022-06-13T21:24:06Z | https://eurweb.com/2022/06/13/rev-al-sharpton-announces-hes-tested-positive-for-covid-19/ | true | 1 |
*The Game admits he was left feeling “hurt” after being excluded from the Super Bowl LVI Halftime Show. The Compton native touched on the topic during an episode of I Am Athlete with Brandon Marshall, Pacman Jones and Nick “ Swaggy P” Young. As reported by Complex, the hip-hop star said he deserved a spot on the stage alongside fellow L.A. artists.
“The real reason I wasn’t on the Super Bowl [Halftime Show] is because I’m not a ‘safe’ artist,’” The Game explained. “You don’t know what the Game gon’ do when he get up there. So, it’s just like, ‘He not safe,’ so they went with the safe artists.”
We reported previously that the highly-anticipated halftime show featured Dr. Dre, Snoop Dogg, Eminem, Mary J. Blige and Kendrick Lamar.
As reported by Urban Hollywood 411, the total number of viewers who watched the game across the small screen as well as streaming and digital platforms climbed to 112.3 million. Per Nielsen data, via Variety, “this year’s Super Bowl telecast was up 8% from 2021’s showdown between the Tampa Bay Buccaneers and the Kansas City Chiefs, which drew about 91.6 million,” the outlet writes.
READ MORE: Over 100 Million People Watched Super Bowl LVI and Halftime Show
NBC’s broadcast of Super Bowl LVI averaged 99.2 million viewers, while 1.9 million tuned in on Telemundo.
“We, on the West Coast, are the only motherf*ckers who have this crab-in-a-barrel mentality, where we wanna keep n***as down …” The Game explained. “Snoop Dogg is icon. Dre is icon. Em is an icon, but Em is not from L.A. 50 is not from L.A. I’m not taking away from the fact that they’re were on the Super Bowl, but L.A. [artists] wouldn’t have been in the Detroit Super Bowl or New York Super Bowl. It just wouldn’t have happened … L.A., L.A., L.A. all around the Super Bowl and I didn’t get the call.”
The Game went on to say he “was hurt by that.”
“I talk to Dre often. I just know if I was Dre and he was Game, he would’ve been up there,” he continued. “That’s just it. It’s L.A. I am L.A. I’m in the streets … So, yeah, I was hurt. Now am I bothered by it today? I’m not bothered by it today.”
Scroll up to watch his remarks via the YouTube clip above. | https://eurweb.com/2022/06/13/the-game-hurt-after-being-excluded-from-halftime-show/ | 2022-06-13T21:24:18Z | https://eurweb.com/2022/06/13/the-game-hurt-after-being-excluded-from-halftime-show/ | true | 1 |
Shares of AT&T Inc.
T,
-4.49%
shed 4.49% to $19.76 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
SPX,
-3.88%
falling 3.88% to 3,749.63 and Dow Jones Industrial Average
DJIA,
-2.79%
falling 2.79% to 30,516.74. This was the stock's fourth consecutive day of losses. AT&T Inc. closed $2.39 short of its 52-week high ($22.15), which the company reached on July 2nd.
The stock underperformed when compared to some of its competitors Monday, as Verizon Communications Inc.
VZ,
-2.42%
fell 2.42% to $49.59, Walt Disney Co.
DIS,
-3.71%
fell 3.71% to $95.71, and Comcast Corp. Cl A
CMCSA,
-3.44%
fell 3.44% to $40.20. Trading volume (56.2 M) eclipsed its 50-day average volume of 50.8 M.
Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use. | https://www.marketwatch.com/story/at-t-inc-stock-underperforms-monday-when-compared-to-competitors-01655155366-d42aec9be05d | 2022-06-13T21:34:45Z | https://www.marketwatch.com/story/at-t-inc-stock-underperforms-monday-when-compared-to-competitors-01655155366-d42aec9be05d | true | 3658 |
Firo (FIRO) traded down 14.3% against the dollar during the one day period ending at 16:00 PM Eastern on June 13th. Firo has a market cap of $17.50 million and approximately $1.51 million worth of Firo was traded on exchanges in the last day. Over the last seven days, Firo has traded 24.6% lower against the dollar. One Firo coin can now be purchased for $1.31 or 0.00005608 BTC on popular cryptocurrency exchanges.
Here’s how related cryptocurrencies have performed over the last day:
- AC Milan Fan Token (ACM) traded 3.9% lower against the dollar and now trades at $3.14 or 0.00013409 BTC.
- Tracer DAO (TCR) traded down 16.2% against the dollar and now trades at $0.0368 or 0.00000157 BTC.
- TecraCoin (ERC20) (TCR) traded flat against the dollar and now trades at $18,696,144.09 or 0.00002296 BTC.
- TecraCoin (TCR) traded flat against the dollar and now trades at $0.95 or 0.00001568 BTC.
- Ginga Finance (GIN) traded 3.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
- GINCOIN (Global Interest Rate) (GIN) traded 20.3% higher against the dollar and now trades at $0.0225 or 0.00000050 BTC.
- GINcoin (GIN) traded flat against the dollar and now trades at $0.0722 or 0.00000128 BTC.
Firo Profile
According to CryptoCompare, “On the 30th of November, Zcoin rebranded to Firo, see all details here Firo is a Proof of Work cryptocurrency using the Lyra2 hashing algorithm. It is an implementation of the Zerocoin protocol (http://zerocoin.org) guaranteeing true financial anonymity using RSA-2048. Zero-Knowledge proofs allow one to show ownership of a Firo coin without having to reveal which coin one owns.Recently, the Zcoin protocol was found to have a typographic bug that cost the network roughly $400k. This bug, however, did not compromise the anonymity features of Zcoin. Click here for Masternode stats from masternodes.online. “
Buying and Selling Firo
It is usually not presently possible to buy alternative cryptocurrencies such as Firo directly using U.S. dollars. Investors seeking to trade Firo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Firo using one of the exchanges listed above.
Receive News & Updates for Firo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Firo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.wkrb13.com/2022/06/13/firo-price-reaches-1-31-on-top-exchanges-firo.html | 2022-06-13T21:37:44Z | https://www.wkrb13.com/2022/06/13/firo-price-reaches-1-31-on-top-exchanges-firo.html | true | 23 |
Invesco Municipal Opportunity Trust (NYSE:VMO – Get Rating) was the target of a large decline in short interest in the month of May. As of May 31st, there was short interest totalling 8,200 shares, a decline of 59.6% from the May 15th total of 20,300 shares. Based on an average daily trading volume, of 256,000 shares, the short-interest ratio is presently 0.0 days.
Shares of VMO stock traded down $0.23 during midday trading on Monday, hitting $10.12. 147,412 shares of the company were exchanged, compared to its average volume of 239,793. The firm’s 50 day moving average price is $10.54 and its two-hundred day moving average price is $11.85. Invesco Municipal Opportunity Trust has a 52 week low of $9.89 and a 52 week high of $14.09.
The business also recently announced a monthly dividend, which will be paid on Thursday, June 30th. Investors of record on Wednesday, June 15th will be issued a dividend of $0.0491 per share. This represents a $0.59 annualized dividend and a dividend yield of 5.82%. The ex-dividend date of this dividend is Tuesday, June 14th.
About Invesco Municipal Opportunity Trust (Get Rating)
Invesco Municipal Opportunity Trust is a closed ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc, INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc It invests in the fixed income markets of the United States.
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Receive News & Ratings for Invesco Municipal Opportunity Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Municipal Opportunity Trust and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.wkrb13.com/2022/06/13/invesco-municipal-opportunity-trust-nysevmo-sees-large-decline-in-short-interest.html | 2022-06-13T21:38:40Z | https://www.wkrb13.com/2022/06/13/invesco-municipal-opportunity-trust-nysevmo-sees-large-decline-in-short-interest.html | false | 2 |
LINCOLN – Kearney Runza went 3-1 over the weekend at the Mike Peterson/Coach K Tournament in Lincoln.
Runza defeated Nebraska City 14-4 and Omaha Westside 5-4 on Saturday, then Bellevue Peitzmeier Construction 9-3 on Sunday. Also on Sunday, Kearney Runza lost to Lincoln East Carpet Land 3-2.
Against Nebraska City, Kearney scored 10 runs in the second inning to blow the game open. The inning included a double by Karter Lee and singles by Blake Rehtus, Ty Redinger and Kaleb Larsen. Nebraska City contributed four walks, two errors and a hit batter.
Quinn Foster finished with three hits, a double and two RBIs. Rehtus also had two hits.
Rehtus also was the winning pitcher, striking out six in five innings.
Larsen provided a walk-off single in the sixth inning to give Kearney the win over Westside.
Kearney built a 4-0 lead before Westside scored four runs in the fourth and tied the game with one run in the sixth.
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Ryan Knipping was the winning pitcher, working the last two-thirds of the sixth as the game ended under a time limit.
Against Peitzmeier Demolition, back-to-back four-run innings in the third and fourth carried Kearney to victory. Runza finished with 14 hits as Owen Fritson went 3 for 3 with a double, Foster was 3 for 3 and Larsen, Redinger, Aidan Poppe and Nolan Smith had two hits each.
Koren Conrad was the winning pitcher, giving up three hits over four innings and striking out three. Gavin Goodner pitched the last two innings, giving up two hits and no runs.
Lincoln East got the walk-off win on Sunday after Kearney led 2-1 going into the sixth.
Kearney was limited to two hits by Larsen and Lee. Lee was the losing pitcher in relief of Knipping.
Kearney Runza, now 6-11 after starting 0-7, plays at Hastings on Tuesday.
Post 52 goes 1-3
KEARNEY — Garrison Burns’ walk-off single in the bottom of the eighth inning gave Kearney Post 52 a 4-3 victory over Gojos Gojo Baseball of Greeley, Colorado, avoiding a weekend sweep by Kearney’s opponents in the Tri-Cities Tournament.
Post 52 lost to Rapid City Post 22 Expos 6-4, Lincoln East Schaefers 11-2 and Papillion-La Vista South Titans 10-0..
Post 52 out-hit Greeley 11-4 but could only scratch out single runs in the last four innings. Burns, Rydge Jackson and Jacob Hansen had two hits apiece for Post 52. Kole Throckmorton, the third Kearney pitcher, was the winner, throwing 2 ⅓ innings without giving up a hit.
Rapid City scored two in the fifth and three in the sixth to pull out a win over Kearney. Rhett Mundorf pitched a complete game, scattering eight hits while striking out four. Burns was 2 for 3 with an RBI and Tysen Cabela had a two-run single.
Lincoln East erupted for nine runs in the seventh inning to break a 2-2 tie. Each team had 10 hits. For Kearney, Cabela, Hansen, Beau Skala and Jase Blattner had two hits and Bryce Andersen had a double.
Hits were harder to come by against the Titans as Andersen’s single was the lone safety. | https://kearneyhub.com/sports/baseball/kearney-runza-goes-3-1-over-the-weekend-in-lincoln-post-52-continues-struggles/article_6224268e-eb2c-11ec-9e58-fb57f3919949.html | 2022-06-13T21:40:55Z | https://kearneyhub.com/sports/baseball/kearney-runza-goes-3-1-over-the-weekend-in-lincoln-post-52-continues-struggles/article_6224268e-eb2c-11ec-9e58-fb57f3919949.html | false | 1 |
NEW YORK, June 13, 2022 /PRNewswire/ -- Clayton, Dubilier & Rice announced that Bill Berutti, the former CEO of Plex Systems, a leading software provider to the manufacturing sector, has been engaged as an Operating Advisor to CD&R-managed funds. Mr. Berutti will work with CD&R's technology team to help source new investments and advise the funds' technology businesses. CD&R funds have invested over $5 billion in technology companies over the last 10 years, including investments in Cloudera, Epicor, Sirius, Capco, and Tranzact.
Mr. Berutti brings more than 25 years of experience as a senior executive and leader in the enterprise software industry. At Plex Systems, Mr. Berutti led a successful transformation of the company, delivering a combination of industry-leading growth and profitability, culminating in a sale to Rockwell Automation in 2021.
"We are pleased to have Bill as an operating advisor to CD&R funds. Bill brings a strong track record of execution leading global enterprise software businesses across application and infrastructure software sectors," said CD&R Partner Stephen Shapiro. "Bill's deep experience driving growth and operations focused value creation as well as his outstanding reputation and network of industry relationships cultivated over more than two decades will be of great value to the CD&R funds as we continue to build our technology efforts," said CD&R Principal Harsh Agarwal.
"I am thrilled to be working with a firm whose value creation model is oriented to building businesses and growing its technology footprint," said Mr. Berutti. "The CD&R funds' reputation for operating excellence, working collaboratively with corporate and founder led businesses, and deploying a talented team of technology focused operating and financial professionals makes this role an ideal fit for me."
Previously Mr. Berutti served as President of BMC Software, a leading SaaS and software solutions provider, where he led the Cloud and Enterprise Solutions segments representing $1.5 billion in annual revenue. Prior to that, Mr. Berutti spent 17 years at PTC Inc., a publicly traded industrial software company, in various roles including sales, leading corporate development, and as a member of the executive team running the service lifecycle management business unit.
Mr. Berutti graduated from Miami University with a Bachelor of Science in Business Administration.
About Clayton, Dubilier & Rice
Clayton, Dubilier & Rice is a private investment firm with a strategy predicated on building stronger, more profitable businesses primarily in five industry sectors, including Industrials, Healthcare, Consumer, Technology and Financial Services. Since inception, CD&R has managed the investment of more than $40 billion in over 100 companies with an aggregate transaction value of more than $175 billion. The Firm has offices in New York and London. For more information, please visit www.cdr-inc.com.
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SOURCE Clayton, Dubilier & Rice | https://www.wlox.com/prnewswire/2022/06/13/bill-berutti-leader-software-industry-engaged-operating-advisor-cdampr-funds/ | 2022-06-13T21:43:31Z | https://www.wlox.com/prnewswire/2022/06/13/bill-berutti-leader-software-industry-engaged-operating-advisor-cdampr-funds/ | false | 12 |
Clad in sky-blue kevlar body armor with a thick protective visor over her face, 22-year-old Catarina Sanhala inches slowly forward, swinging her handheld metal detector slowly back and forth as she goes. The ground is steep and rocky and she moves with careful, deliberate steps. Falling could have consequences far beyond bruised knees or twisted ankles.
A year ago, Sanhala was enjoying a successful career as a professional handball player representing her hometown of Lobito, a port city in western Angola. That life now feels a long way off. Today, she is part of a highly trained all-female demining squad working to rid her country of deadly anti-personnel and anti-tank mines while at the same time challenging traditional notions of gender roles in this southern African nation.
"It's a very different life," says Sanhala, who works for the HALO Trust, a British nonprofit spearheading the fight against landmines in Angola. "But I wanted a challenge." She now spends most of her time living in a remote camp deep in the bush with around two dozen fellow deminers working six days a week to clear the area of mines.
Their day starts early. At 4:50 a.m. a diesel generator roars to life, flooding the women's tents with cold, blue light. By 5:20 they must be dressed and ready for work as they line up for the morning parade, shoulders huddled against the pre-dawn chill.
After that, they clamber into the back of a truck that bumps and lurches its way along a rocky track between the campsite and what HALO refers to as minefield BG262. As the first hues of sunrise begin to sweep across the landscape, the women watch a daily safety demonstration, then gather their equipment — shears, gloves, rakes, metal detectors, secateurs, wooden marker sticks, digging tools and other paraphernalia — and set off in single file into the hills.
"It's hard work, and we have to face some dangers," Sanhala says. "But I like it. I wanted to do something helpful."
It's also a job that offers a good base salary: the equivalent of about $350 a month, with higher rates for supervisors.
Back in the mid-1980s, these rugged mountains had become the latest battleground in a bitter civil war that pitted Angolan government forces, backed by Cuban troops and supported by the Soviet Union, against the UNITA rebel group, which was supported by troops from apartheid South Africa and had the backing of the U.S. and other Western powers.
In order to prevent UNITA fighters from passing through this valley and sabotaging a key railway bridge beyond it, government forces filled the area with landmines. When the conflict finally drew to a close in 2002 with the death of UNITA's leader and the surrender of his remaining forces, the vast majority of the mines remained intact in the ground.
Twenty years later, BG262 is one of more than 1,100 active minefields across the country that continue to claim lives, limit agriculture and stifle development. As of the last census in 2014, there were some 88,000 people in Angola living with injuries caused by mines and other explosive remnants of war, though the real figure is thought to be higher.
"Two cattle were blown up here in 2017," says Esperança Ngando, the supervisor for minefield BG262, indicating a large red cross on her hand-drawn map of the site. "After that the local community made the clearance request."
The minefield features some of the toughest de-mining terrain in the country, strewn with loose boulders and thick stands of prickly pear cactus plants that need to be cut back before an area can be cleared. In places, the slope is so steep that the deminers have to hack away at the dry earth with metal spikes to create footholds for themselves as they make their way forward. Despite the challenges, Ngando's teams have been making progress.
"We've cleared 19,659 square meters of land in 37 days" she says. That's a little under five acres. "And we've found four mines. We hope to be finished here by September."
Angola is littered with dozens of different types of mine made in over 20 countries. The ones discovered so far on this particular minefield are a Soviet-made model known as the POMZ-2M, an anti-personnel mine packed with explosives that stands on a wooden stake just above the surface of the ground. When triggered by a tripwire, often barely visible in the undergrowth, it sends out deadly fragments of shrapnel in all directions.
"We found the first mine here," says Ngando, pointing to a spot on her map where the curving contour lines are punctuated with four faint pencil markings . "Then we found the second one here. And while we were searching around that one we found two more." The last one had been found just the day before, she adds.
Demining is a painstaking, labor-intensive business. Working in different sections of the minefield, each deminer marks out a two meter by one meter block, hacking back the undergrowth before methodically sweeping it with a metal detector. Once the block is clear, they move on and repeat the process. Depending on the terrain and the amount of metal in the ground, a deminer might clear around 36 square yards in a day.
While the POMZ-2M mines are generally found above ground, most landmines are hidden just below the surface and are triggered by pressure from above. So the women have to proceed with extreme care. Thanks to a set of rigid safety procedures, accidents among the deminers are remarkably rare. Yet they do occur. Just the previous week a deminer in a different part of the country was injured after a mine she was trying to excavate exploded.
In order to reduce the risk of setting off a mine, the golden rule is never to approach it and begin digging from directly above. Consequently, whenever one of the women picks up a signal from her metal detector, she finds a spot 6 inches in front of the suspected mine, digs down with a series of custom made metal implements, and then excavates toward it from the side . It's exacting work that requires both stamina and intense concentration.
Until recently, the physically demanding nature of the job had fed a perception in Angola that demining work was unsuitable for women, but Ngando and her colleagues have shattered those assumptions.
She was among the first female deminers to be hired as part of HALO's 100 Women project, which aimed to continue clearing minefields while also redressing the persistent gender imbalance in demining and in post-conflict reconstruction work more broadly. Launched in 2017, the project set an initial goal of recruiting 100 Angolan women as deminers but has long since surpassed that figure. Today the organization has nearly 400 female deminers on its books in Angola, with another 35 currently in training. And while most of the more senior roles are still held by men, this imbalance is beginning to change.
"In the past, people thought this was just a man's job" says Ngando, who now has three all-female teams under her command. "But we've changed that attitude."
"We get a lot of respect, especially when we detonate things," jokes Rita Vambi, a former student and street vendor currently undergoing training for a mid-level management role with HALO. Since starting as a deminer in 2017, Vambi, whose own cousin lost an arm to a landmine as a child, has personally found and destroyed some 32 mines.
When Cecilia Manuel, a 30-year-old mother of three, signed up with HALO in 2018, some of her friends and family members thought she was mad. "Women were expected to do farm work or sell at the market or do housework" she says. "They thought this work was too dangerous for women". Four years on, many of those who once scoffed at her decision now want to become deminers themselves, Manuel says .
While she's away at work, her children stay with their grandmother. She misses them a lot, and finds herself counting down the days until her monthly visits home, but in rural Angola where steady jobs are scarce, it's a sacrifice she was willing to make. In the meantime, Manuel says she has found a new community among her fellow deminers, many of whom are in a similar position. That sense of solidarity helps her cope with the isolation of camp life and the challenging nature of the work. It is a sentiment echoed by many of the women.
"It's like a family. We're sharing new experiences together," says Catarina Sanhala, the former handball player.
By late morning, the heat on minefield BG262 has become intense. There is little shelter from the fierce sun, yet the women continue apace, working in 30- minute stints with 10 minute breaks. At one point, this routine is briefly interrupted by an explosion that reverberates off the steep walls of the valley like a distant peal of thunder. A nearby HALO team has destroyed an unexploded 60mm mortar shell discovered near the train line, explains Ngando after a brief exchange on the radio.
Before the end of the day she too must organize a demolition. The mine discovered the previous day has not yet been destroyed, and she's eager to get the job done. First, she clears the area of all deminers and posts sentries to ensure no residents wander past at the wrong moment.
Then she surrounds the mine with sandbags before preparing an explosive charge which she lays down gently along its rusting, cast iron body. Next, she lays an electric fuse and retreats to a safe distance. Moments later, there is a boom and a cloud of dust and earth rises briefly above the scrub before disappearing in the wind.
One mine at a time, the team is chipping away at a total number that once seemed insurmountable. There are still thought to be hundreds of thousands of mines across the country to be cleared, yet every month new swathes of land are being made safe.
In the south of the country, a $60 million injection of demining funds from the Angolan government has raised hopes that Cuando Cubango province, scene of some of the heaviest fighting during the civil war, could be made mine-free in the next few years. Huambo province, once one of the most densely mined parts of the country, was finally cleared of its last minefields in 2021. Now HALO hopes that, by the end of 2023, Benguela province, where minefield BG262 is located, may follow suit.
"Every time we destroy a mine I feel proud," says Cecilia Manuel. "It means we're doing our job properly. Mines are a big problem here. When you take away the mines, you make the people free."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wxxinews.org/npr-news/npr-news/2022-06-12/photos-angola-thought-women-couldnt-clear-landmines-these-women-proved-them-wrong | 2022-06-13T21:43:36Z | https://www.wxxinews.org/npr-news/npr-news/2022-06-12/photos-angola-thought-women-couldnt-clear-landmines-these-women-proved-them-wrong | false | 37 |
Mohamed Hadid, whose Bel-Air mansion was just razed to the ground, is on the latest State of California Franchise Tax Board’s Top 500 delinquent taxpayers list.
Hadid is named on the biannual list for owing $243,143.66 to the government.
The real estate developer — also known as the dad of world-famous models Gigi Hadid and Bella Hadid — has recently raised eyebrows over his financial status.
Mohamed’s multimillion-dollar Bel-Air home was destroyed last week after years of legal trouble. The property, dubbed the “Starship Enterprise,” was precariously poised atop a hill and did not meet certain city approvals.
In 2019, a judge declared the house “a “clear and present danger” to neighbors” and ordered it to be torn down. However, Mohamed, 73, argued that he did not have the $5 million in funds to raze the property.
The home, which he had initially hoped to sell for $100 million, went for $5 million at auction earlier this year.
Page Six reported in April that Mohamed appears to have lost tens of millions of dollars in construction loans and owes millions more to a host of builders.
Also on this year’s delinquent taxpayers list is Terrence Howard, who has been a continued favorite of the IRS. The “Empire” actor, 53, owes $255,715.72.
In 2019, Howard was reportedly under investigation for criminal tax evasion. Additionally, he has been hit with tax liens three times over the previous years.
And finally, new to this years list is Jim Buss, a partial owner of the Los Angeles Lakers, who owes $232,022.47. | https://pagesix.com/2022/06/13/mohamed-hadid-terrence-howard-on-delinquent-taxpayer-list/ | 2022-06-13T21:43:42Z | https://pagesix.com/2022/06/13/mohamed-hadid-terrence-howard-on-delinquent-taxpayer-list/ | false | 1 |
TORONTO - Golf's ability to bring people together — while remaining socially distant and outdoors — raised it to new levels of popularity during the most intense periods of the COVID-19 pandemic.
But for two years, Canadian golf fans weren't able to celebrate the new zenith of their sport en masse because of ongoing health and safety restrictions. Golf Canada had to cancel the RBC Canadian Open and CP Women's Open, the national men's and women's championships, in 2020 and 2021.
That changed last Thursday when the Canadian Open, the only PGA Tour event in Canada, was held for the first time after a three-year layoff.
"I just saw this joy, Canadians joyous about coming together," said Golf Canada CEO Laurence Applebaum on Monday. "Summer is open. We are really coming out of this pandemic.
"Opening up and just being together and that was so nice, to put a bow on golf."
Golf Canada said nearly 150,000 people attended the Canadian Open at St. George's Golf and Country Club over the course of the week.
Its business partnerships also grew from the last edition of the tournament. When Hamilton Golf and Country Club hosted the event in 2019 Golf Canada had nine corporate partners, but this year's version had 24 with 234 tents — a 31 per cent increase.
Just like 2019, title sponsor RBC also hosted a concert series, this time with rapper Flo Rida and pop group Maroon 5 headlining shows at nearby Richview Collegiate Institute on Friday and Saturday night respectively.
"It was three years in the making and it feels like we tried to cram three years of events into one," Applebaum said.
The event was not without its challenges, however.
St. George's Golf and Country Club is over 100 years old and the city of Toronto has grown around it. The club's main building and the course are cut off from each other by Islington Avenue and the thoroughfare had to be shutdown for the week-long event. Nearby Islington Golf Club was used as the Canadian Open's practice facility for the week, requiring golfers to be ferried up and down the road.
"It's the most spectacular golf course but with a four lane major road and needing to use a secondary property for the practice facility and a third partner for our off-site concert, all those sorts of things means that operational logistics were the most challenging part of the event without question," said tournament director Bryan Crawford. "It's a tight, small property in the heart of the city and that causes lots of challenges."
A direct challenge also presented itself the week before the event, with the upstart LIV Golf Invitational luring away some of the PGA Tour's biggest names to its inaugural event at the Centurion Club. The 40-man event ran in direct opposition to the Canadian Open.
The golfers in Toronto faced questions all week about their departed colleagues and fans were abuzz about what the Saudi-backed league would mean for the future of the sport.
"I think that people kind of took a 'forget you' kind of attitude, 'this is ours,'" said Crawford. "This is the best or the better product. We saw it. They're not even in the same stratosphere and I think that it was a really great way to come back."
One golf fan who took issue with the LIV event was Rory McIlroy, who repeated as Canadian Open champion on Sunday. He made a point of taking a shot at Greg Norman, the retired PGA Tour golfer who is running the rival league.
"I had extra motivation of what's going on across the pond," said McIlroy. "The guy that's spearheading that tour has 20 wins on the PGA Tour and I was tied with him and I wanted to get one ahead of him. And I did.
"So that was really cool for me, just a little sense of pride on that one."
This report by The Canadian Press was first published June 13, 2022. | https://www.chroniclejournal.com/sports/national_sports/rbc-canadian-open-finds-success-despite-liv-golf-invitational-challenge/article_c5ce2612-1fdf-5155-94d0-fcda933352fc.html | 2022-06-13T21:44:54Z | https://www.chroniclejournal.com/sports/national_sports/rbc-canadian-open-finds-success-despite-liv-golf-invitational-challenge/article_c5ce2612-1fdf-5155-94d0-fcda933352fc.html | true | 5 |
Women in Entertainment's sixth annual Summit will take place on June 22, 2022 and feature notable speakers such as Paul Feig, Alexandra Shipp, Karen Pittman, and Jeanne Mau
LOS ANGELES, June 13, 2022 /PRNewswire/ -- Women in Entertainment(WIE) announced today that it will host its sixth annual summit on June 22, 2022 at the iconic Skirball Cultural Center in Los Angeles, California. WIE returns for the first time since 2019 with a revamped itinerary that gathers some of the most iconic and creative minds in television, film, and media for a series of inspirational fireside chats and educational panel discussions.
Founded by Renee Rossi (Relativity Ventures) and Gretchen McCourt, WIE combines experienced leaders in the entertainment and marketing worlds to address a range of pivotal and timely issues that affect women. This year, panel topics will include how creatives keep a beloved story relevant to up and coming audiences, how media companies are expanding their offerings to meet the needs of today's consumers, how to negotiate deals within the IP and talent rights space, and much more.
"Our mission is and always has been to share knowledge from incredible women who have built successful businesses in the world of entertainment and media," said Renee Rossi, Co-founder of Women in Entertainment. "We are back stronger than ever this year – combining a group of vastly dynamic speakers and panel topics to curate an event that I'm confident will help aspiring professionals grow and evolve their careers."
WIE 2022 speakers include: Erika Anderson, West Coast Director, The Slate Group; Casey Kriley, Co-CEO of Magical Elves (Top Chef, Nailed It); Anjali Midha, CEO & Co-Founder of Diesel Labs; Teri Weiss, Executive VP, Television Development, Dreamworks Animation; Anastasia Puglisi, Senior Vice President at Wolf Entertainment (FBI: Most Wanted, Law & Order: Special Victims Unit); Dana Block, Senior Vice President of Digital Entertainment and Consumer Technology at Metro Public Relations; Alexandra Moore, Global Strategic Initiatives Leader at Amazon Music; Jess Kessler, Head of Content & Creator Marketing at Audible; Jennifer Brunsweiger, Senior Director of Content Marketing at Shutterstock; Kaitlyn Powell, VP of Talent at Bright; Lisa Guerrero, Investigative Journalist at Inside Edition; Jeanne Mau, Senior Vice President, TV Programming Diversity, Equity and Inclusion at NBCUniversal; Iram Bilal, Filmmaker (I'll Meet You There); Zakiyyah Alexander, Executive Producer/Showrunner (grown-ish, Hunters); Megan Townsend, Director of Entertainment Research & Analysis at GLAAD; Monica Trasandes, Director of Spanish Language and Latinx Media & Representation at GLAAD; Linda Grasso, Editor in Chief of Ventura Blvd; Alexandra Shipp, Actress (Barbie, tick, tick...BOOM!); Charmaine Degrate, Writer & Producer (The 100); Susan Cartsonis, Partner & Film Producer at Resonate Entertainment (Feel The Beat, Carrie Pilby); Amanda Spain, Vice President of Longform Acquisitions at MSNBC Films; Tiauna Jackson, Founder & CEO of the Jackson Agency; John Mass, President of Content Partners, LLC; Tomii Crump, Head of Unscripted Talent & Casting at NBCUniversal; Jenna Gates, Talent Agent at United Talent Agency; Hilary Zaitz Michael, Literary Packaging Agent at WME; Julie Candelaria, Producer & Principal at All About the 360, Inc.; Karen Pittman, Actress, (And Just Like That); Paul Feig, Actor & Filmmaker (The School for Good and Evil, Minx, Bridesmaids, A Simple Favor); among others still to be announced.
The 2022 Summit is sponsored by NBCUniversal Television & Streaming, Universal Studio Group, Metro Public Relations, Kendra Scott, hair stylist Azi Aishling, Sugar House Macarons, Whisps, Drink Vina, CORE Foods, and Tito's. Tickets can be purchased in advance via Eventbrite at https://bit.ly/2022WIESummit. More information can be found at womeninentertainment.com.
About Women in Entertainment
Women in Entertainment (501c3) brings together forward-thinkers from all areas of the entertainment industry to find creative answers to a variety of challenges.
Media Contact
Jennifer Laski
jen@womeninentertainment.com
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SOURCE Women in Entertainment | https://www.kfvs12.com/prnewswire/2022/06/13/women-entertainment-announces-sixth-annual-summit/ | 2022-06-13T21:46:29Z | https://www.kfvs12.com/prnewswire/2022/06/13/women-entertainment-announces-sixth-annual-summit/ | false | 12 |
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By Marie-Therese Nanlong, Jos
Following last Friday night’s attack in the Kuru community in Jos South local government area of Plateau State which resulted in the death of a student of the Government Science School, Kuru, the Director-General of the National Institute for Policy and Strategic Studies, NIPSS, Kuru, Professor Ayo Omotayo has condemned the attack and enjoins the security agencies to expand their dragnet to cover vulnerable secondary schools around Kuru.
The DG also urged the school authorities to pay more attention to the movement of students in their care saying, he feels the pain of parenthood and prays that God gives the family of the deceased the fortitude to bear the irreparable loss.
It would be recalled that the said Science School is within a walking distance from the Institute and the Kuru community has witnessed many security breaches in the past.
Reacting to the latest incident in a statement issued on Monday and signed by the Institute’s Head, Public Affairs Department, Sola Adeyanju, mni, he commiserated with the parents of the attacked students, particularly the parents of the student that lost his life in the attack.
The statement reads, “The Director-General of the National Institute for Policy and Strategic Studies, Kuru, Prof. Ayo Omotayo, has received the news of the attack on three final year students of Government Science School, Kuru by unknown assailants with rude shock. It is very disheartening that this attack which occurred on Friday, June 10, 2022, when the students stepped out of the school to buy something outside the school led to the untimely death of one of them while the two others sustained gun-shot injuries and are in the hospital.
“As a responsible organization, the National Institute condemns this unwarranted and cowardly attack on the innocent secondary school students in the strongest term and is using this medium to commiserate with the Management and staff of the school. He is also commiserating with the parents of the attacked students, particularly the parents of the student that lost his life in the attack.
The Director-General feels the pain of parenthood and prays that God gives the family the fortitude to bear the irreparable loss. The Director-General enjoins the security agencies to expand their dragnet to cover vulnerable secondary schools around Kuru while urging the school authorities to pay more attention to the movement of students in their care.” | https://www.vanguardngr.com/2022/06/nipss-condemns-attack-in-kuru-asks-security-agencies-to-expand-operation-to-schools/ | 2022-06-13T21:47:20Z | https://www.vanguardngr.com/2022/06/nipss-condemns-attack-in-kuru-asks-security-agencies-to-expand-operation-to-schools/ | false | 1 |
RLJ Lodging Trust (NYSE:RLJ – Get Rating)’s share price reached a new 52-week low on Monday . The stock traded as low as $11.71 and last traded at $11.73, with a volume of 31309 shares traded. The stock had previously closed at $12.67.
Several research firms recently weighed in on RLJ. TheStreet upgraded shares of RLJ Lodging Trust from a “d+” rating to a “c-” rating in a report on Thursday, May 5th. StockNews.com cut shares of RLJ Lodging Trust from a “hold” rating to a “sell” rating in a research note on Monday, June 6th. Oppenheimer began coverage on shares of RLJ Lodging Trust in a research note on Thursday, April 21st. They issued an “outperform” rating and a $20.00 target price on the stock. Finally, Truist Financial dropped their target price on shares of RLJ Lodging Trust to $17.00 and set a “na” rating on the stock in a research note on Wednesday, May 18th. One investment analyst has rated the stock with a sell rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $18.33.
The company has a debt-to-equity ratio of 1.08, a current ratio of 4.10 and a quick ratio of 4.10. The stock’s 50 day simple moving average is $13.54 and its two-hundred day simple moving average is $13.74.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 15th. Investors of record on Thursday, March 31st were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date of this dividend was Wednesday, March 30th. RLJ Lodging Trust’s payout ratio is currently -2.45%.
In related news, Director Nathaniel A. Davis sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, March 18th. The shares were sold at an average price of $14.40, for a total transaction of $576,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.30% of the company’s stock.
Institutional investors have recently bought and sold shares of the stock. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in RLJ Lodging Trust during the 4th quarter worth approximately $36,000. Penserra Capital Management LLC increased its holdings in RLJ Lodging Trust by 65.5% during the 3rd quarter. Penserra Capital Management LLC now owns 3,750 shares of the real estate investment trust’s stock worth $55,000 after acquiring an additional 1,484 shares during the period. Wolverine Asset Management LLC bought a new stake in RLJ Lodging Trust during the 4th quarter worth approximately $102,000. Schroder Investment Management Group increased its holdings in shares of RLJ Lodging Trust by 32.7% in the 4th quarter. Schroder Investment Management Group now owns 10,241 shares of the real estate investment trust’s stock worth $143,000 after buying an additional 2,526 shares during the last quarter. Finally, Guggenheim Capital LLC bought a new position in shares of RLJ Lodging Trust in the 4th quarter worth $145,000. 98.00% of the stock is currently owned by institutional investors and hedge funds.
RLJ Lodging Trust Company Profile (NYSE:RLJ)
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels. The Company's portfolio consists of 103 hotels with approximately 22,570 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.
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Receive News & Ratings for RLJ Lodging Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RLJ Lodging Trust and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.etfdailynews.com/2022/06/13/rlj-lodging-trust-nyserlj-reaches-new-1-year-low-at-11-71/ | 2022-06-13T21:49:21Z | https://www.etfdailynews.com/2022/06/13/rlj-lodging-trust-nyserlj-reaches-new-1-year-low-at-11-71/ | false | 1 |
Bulleit
Frontier Whiskey
750 ml
Bulleit Bourbon is inspired by the whiskey that was pioneered over 150 years ago. Only ingredients of the very highest quality are used. The complexity of Bulleit Bourbon comes from its unique blend of rye, corn, and barley malt, along with special strains of yeast and pure Kentucky limestone-filtered water. Due to its especially high rye content, Bulleit Bourbon has a bold, spicy character with a finish that's distinctively clean and smooth. Medium amber in color, with gentle spiciness and sweet oak aromas, the mid-palate is smooth with tones of maple, oak, and nutmeg. The finish is long, dry, and satiny with a light-tasting toffee flavor that lingers long after the final sip. Simply combine our bourbon whiskey with cloves, lemon juice, brown sugar and hot water for a comforting Hot Toddy. Bulleit Bourbon earned a gold medal at the 2021 San Francisco World Spirits Competition. Includes one 90 proof 750 mL bottle of Bourbon Whiskey. Please drink responsibly. | https://www.saucey.com/brands/domaine-auch%C3%A8re | 2022-06-13T21:51:26Z | https://www.saucey.com/brands/domaine-auch%C3%A8re | false | 10 |
Village Farms Intl Earnings Perspective: Return On Capital Employed
Village Farms Intl VFF brought in sales totaling $70.16 million during Q1 according to data provided by Benzinga Pro. However, earnings decreased 429.18%, resulting in a loss of $6.68 million. In Q4, Village Farms Intl earned $2.03 million, and total sales reached $72.81 million. What Is Return On Capital...
www.benzinga.com | https://www.newsbreak.com/news/2632746989938/village-farms-intl-earnings-perspective-return-on-capital-employed | 2022-06-13T21:52:51Z | https://www.newsbreak.com/news/2632746989938/village-farms-intl-earnings-perspective-return-on-capital-employed | false | null |
Bring butterflies, bees and birds to your garden, while you add natural beauty too! This is the last chance of the season to participate in the Blue Ridge Chapter of the North Carolina Native Plant Society’s annual plant sales for 2022! The sale will be held at the Daniel Boone Native Gardens located at 651 Horn in the West Drive, Boone, on Saturday, June 18. The event will run from 8:00am to 12:00pm, rain or shine. If the event is cancelled due to severe weather, June 25 is the rain date.
Along with some of the popular native plant species that were offered in the May sale, a selection of different, summer blooming species will be available on June 18. Besides beauty, native plants provide food and shelter for wildlife, promote a healthy environment, and require less fertilizer and water than non-native species. The NC Native Plant Society promotes legal and ethical sourcing of all plant species and all plants that will be sold are sourced from legitimate growers.
Most perennials will be sold in $6.00 quart and $10.00 gallon containers. Trees, shrubs and rare species will be individually priced. This is the first year that credit cards will be accepted, along with cash and checks. This is a non-profit fund raiser with proceeds from the sales benefitting both Blue Ridge Chapter of the Native Plant Society and the Daniel Boone Native Gardens. “The Daniel Boone Native Gardens (DBNG) appreciates the NC Native Plant Society’s efforts to provide to our community a plant sale offering native plants to gardeners. The proceeds of the sale are used to pay our Horticulturist and to maintain and improve the Gardens.” Said Rebecca Hutchins, Board Chair, (DBNG).
About the Blue Ridge Chapter of the North Carolina Native Plant Society:
The mission of the North Carolina Native Plant Society is to promote the enjoyment and conservation of North Carolina’s native plants and their habitats through education, protection, propagation, and advocacy. The Blue Ridge Chapter in Boone is the newest chapter, started in 2015. For more information see https://ncwildflower.org/blue-ridge/.
About the Daniel Boone Native Gardens:
Opened in 1963, the mission of the gardens is to protect and conserve plants in addition to educating visitors about native plants of North Carolina. The Daniel Boone Native Gardens are located at 651 Horn in the West Drive, Boone, NC. The Gardens are always open. Donations are welcome. Suggested donation is $2 for adults and free for children under 16. For more information see https://www.danielboonenativegardens.org/. | https://www.hcpress.com/events/nc-native-plant-society-announces-final-native-plant-sale-of-the-season-in-boone-june-18.html | 2022-06-13T21:55:56Z | https://www.hcpress.com/events/nc-native-plant-society-announces-final-native-plant-sale-of-the-season-in-boone-june-18.html | true | 1 |
As gas prices soar, Americans consider if businesses should allow employees to work virtually to save money
JERSEY CITY, N.J. – Patrons at a Garden State gas station weighed in on whether companies should allow employees to work virtually on Fridays to save on gas money amid soaring prices. "Anything that helps saving gas is awesome," Luis, of Jersey City, said. "The way that gas...
www.foxnews.com | https://www.newsbreak.com/news/2632748832983/as-gas-prices-soar-americans-consider-if-businesses-should-allow-employees-to-work-virtually-to-save-money | 2022-06-13T21:56:32Z | https://www.newsbreak.com/news/2632748832983/as-gas-prices-soar-americans-consider-if-businesses-should-allow-employees-to-work-virtually-to-save-money | false | null |
Clad in sky-blue kevlar body armor with a thick protective visor over her face, 22-year-old Catarina Sanhala inches slowly forward, swinging her handheld metal detector slowly back and forth as she goes. The ground is steep and rocky and she moves with careful, deliberate steps. Falling could have consequences far beyond bruised knees or twisted ankles.
A year ago, Sanhala was enjoying a successful career as a professional handball player representing her hometown of Lobito, a port city in western Angola. That life now feels a long way off. Today, she is part of a highly trained all-female demining squad working to rid her country of deadly anti-personnel and anti-tank mines while at the same time challenging traditional notions of gender roles in this southern African nation.
"It's a very different life," says Sanhala, who works for the HALO Trust, a British nonprofit spearheading the fight against landmines in Angola. "But I wanted a challenge." She now spends most of her time living in a remote camp deep in the bush with around two dozen fellow deminers working six days a week to clear the area of mines.
Their day starts early. At 4:50 a.m. a diesel generator roars to life, flooding the women's tents with cold, blue light. By 5:20 they must be dressed and ready for work as they line up for the morning parade, shoulders huddled against the pre-dawn chill.
After that, they clamber into the back of a truck that bumps and lurches its way along a rocky track between the campsite and what HALO refers to as minefield BG262. As the first hues of sunrise begin to sweep across the landscape, the women watch a daily safety demonstration, then gather their equipment — shears, gloves, rakes, metal detectors, secateurs, wooden marker sticks, digging tools and other paraphernalia — and set off in single file into the hills.
"It's hard work, and we have to face some dangers," Sanhala says. "But I like it. I wanted to do something helpful."
It's also a job that offers a good base salary: the equivalent of about $350 a month, with higher rates for supervisors.
Back in the mid-1980s, these rugged mountains had become the latest battleground in a bitter civil war that pitted Angolan government forces, backed by Cuban troops and supported by the Soviet Union, against the UNITA rebel group, which was supported by troops from apartheid South Africa and had the backing of the U.S. and other Western powers.
In order to prevent UNITA fighters from passing through this valley and sabotaging a key railway bridge beyond it, government forces filled the area with landmines. When the conflict finally drew to a close in 2002 with the death of UNITA's leader and the surrender of his remaining forces, the vast majority of the mines remained intact in the ground.
Twenty years later, BG262 is one of more than 1,100 active minefields across the country that continue to claim lives, limit agriculture and stifle development. As of the last census in 2014, there were some 88,000 people in Angola living with injuries caused by mines and other explosive remnants of war, though the real figure is thought to be higher.
"Two cattle were blown up here in 2017," says Esperança Ngando, the supervisor for minefield BG262, indicating a large red cross on her hand-drawn map of the site. "After that the local community made the clearance request."
The minefield features some of the toughest de-mining terrain in the country, strewn with loose boulders and thick stands of prickly pear cactus plants that need to be cut back before an area can be cleared. In places, the slope is so steep that the deminers have to hack away at the dry earth with metal spikes to create footholds for themselves as they make their way forward. Despite the challenges, Ngando's teams have been making progress.
"We've cleared 19,659 square meters of land in 37 days" she says. That's a little under five acres. "And we've found four mines. We hope to be finished here by September."
Angola is littered with dozens of different types of mine made in over 20 countries. The ones discovered so far on this particular minefield are a Soviet-made model known as the POMZ-2M, an anti-personnel mine packed with explosives that stands on a wooden stake just above the surface of the ground. When triggered by a tripwire, often barely visible in the undergrowth, it sends out deadly fragments of shrapnel in all directions.
"We found the first mine here," says Ngando, pointing to a spot on her map where the curving contour lines are punctuated with four faint pencil markings . "Then we found the second one here. And while we were searching around that one we found two more." The last one had been found just the day before, she adds.
Demining is a painstaking, labor-intensive business. Working in different sections of the minefield, each deminer marks out a two meter by one meter block, hacking back the undergrowth before methodically sweeping it with a metal detector. Once the block is clear, they move on and repeat the process. Depending on the terrain and the amount of metal in the ground, a deminer might clear around 36 square yards in a day.
While the POMZ-2M mines are generally found above ground, most landmines are hidden just below the surface and are triggered by pressure from above. So the women have to proceed with extreme care. Thanks to a set of rigid safety procedures, accidents among the deminers are remarkably rare. Yet they do occur. Just the previous week a deminer in a different part of the country was injured after a mine she was trying to excavate exploded.
In order to reduce the risk of setting off a mine, the golden rule is never to approach it and begin digging from directly above. Consequently, whenever one of the women picks up a signal from her metal detector, she finds a spot 6 inches in front of the suspected mine, digs down with a series of custom made metal implements, and then excavates toward it from the side . It's exacting work that requires both stamina and intense concentration.
Until recently, the physically demanding nature of the job had fed a perception in Angola that demining work was unsuitable for women, but Ngando and her colleagues have shattered those assumptions.
She was among the first female deminers to be hired as part of HALO's 100 Women project, which aimed to continue clearing minefields while also redressing the persistent gender imbalance in demining and in post-conflict reconstruction work more broadly. Launched in 2017, the project set an initial goal of recruiting 100 Angolan women as deminers but has long since surpassed that figure. Today the organization has nearly 400 female deminers on its books in Angola, with another 35 currently in training. And while most of the more senior roles are still held by men, this imbalance is beginning to change.
"In the past, people thought this was just a man's job" says Ngando, who now has three all-female teams under her command. "But we've changed that attitude."
"We get a lot of respect, especially when we detonate things," jokes Rita Vambi, a former student and street vendor currently undergoing training for a mid-level management role with HALO. Since starting as a deminer in 2017, Vambi, whose own cousin lost an arm to a landmine as a child, has personally found and destroyed some 32 mines.
When Cecilia Manuel, a 30-year-old mother of three, signed up with HALO in 2018, some of her friends and family members thought she was mad. "Women were expected to do farm work or sell at the market or do housework" she says. "They thought this work was too dangerous for women". Four years on, many of those who once scoffed at her decision now want to become deminers themselves, Manuel says .
While she's away at work, her children stay with their grandmother. She misses them a lot, and finds herself counting down the days until her monthly visits home, but in rural Angola where steady jobs are scarce, it's a sacrifice she was willing to make. In the meantime, Manuel says she has found a new community among her fellow deminers, many of whom are in a similar position. That sense of solidarity helps her cope with the isolation of camp life and the challenging nature of the work. It is a sentiment echoed by many of the women.
"It's like a family. We're sharing new experiences together," says Catarina Sanhala, the former handball player.
By late morning, the heat on minefield BG262 has become intense. There is little shelter from the fierce sun, yet the women continue apace, working in 30- minute stints with 10 minute breaks. At one point, this routine is briefly interrupted by an explosion that reverberates off the steep walls of the valley like a distant peal of thunder. A nearby HALO team has destroyed an unexploded 60mm mortar shell discovered near the train line, explains Ngando after a brief exchange on the radio.
Before the end of the day she too must organize a demolition. The mine discovered the previous day has not yet been destroyed, and she's eager to get the job done. First, she clears the area of all deminers and posts sentries to ensure no residents wander past at the wrong moment.
Then she surrounds the mine with sandbags before preparing an explosive charge which she lays down gently along its rusting, cast iron body. Next, she lays an electric fuse and retreats to a safe distance. Moments later, there is a boom and a cloud of dust and earth rises briefly above the scrub before disappearing in the wind.
One mine at a time, the team is chipping away at a total number that once seemed insurmountable. There are still thought to be hundreds of thousands of mines across the country to be cleared, yet every month new swathes of land are being made safe.
In the south of the country, a $60 million injection of demining funds from the Angolan government has raised hopes that Cuando Cubango province, scene of some of the heaviest fighting during the civil war, could be made mine-free in the next few years. Huambo province, once one of the most densely mined parts of the country, was finally cleared of its last minefields in 2021. Now HALO hopes that, by the end of 2023, Benguela province, where minefield BG262 is located, may follow suit.
"Every time we destroy a mine I feel proud," says Cecilia Manuel. "It means we're doing our job properly. Mines are a big problem here. When you take away the mines, you make the people free."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.upr.org/npr-news/npr-news/2022-06-12/photos-angola-thought-women-couldnt-clear-landmines-these-women-proved-them-wrong | 2022-06-13T22:02:17Z | https://www.upr.org/npr-news/npr-news/2022-06-12/photos-angola-thought-women-couldnt-clear-landmines-these-women-proved-them-wrong | false | 37 |
Jenna Perusich is back on HGTV to co-host her own makeover show with her cousin Melissa McCarthy. Last we saw Perusich, she was remodeling her parents’ home on “Celebrity IOU” with the Property Brothers.
“The Great Giveback” will premiere on HGTV on June 13 (6/13/2022) at 9 p.m. ET. It can be streamed on Philo, fuboTV, and other streaming services.
Where can I stream “The Great Giveback?”
“The Great Giveback” can be streamed on Philo, fuboTV, Sling, DirecTV Stream, Vidgo, Hulu + Live TV, YouTube TV.
What channel is “The Great Giveback” on?
“The Great Giveback” is on HGTV.
Channel Finder: Verizon Fios, AT&T TV, Comcast Xfinity, Spectrum/Charter, Optimum/Altice, Cox, DIRECTV, Dish, New Visions
A rebroadcast of the show’s premiere is set for Monday, July 18 to Tuesday, July 26.
What is the show about?
According to HGTV, The fabulous Melissa McCarthy and design-savvy Jenna Perusich give back to those who give selflessly to others with surprise home makeovers. Together, they transform the homes and lives of deserving individuals who choose to lead with love and kindness.
What is the first episode about?
A pediatric ER nurse and mother of two takes care of children all day and night, and her husband wants to give her a sanctuary of her own. Melissa and Jenna surprise her with a gorgeous garage makeover and a backyard upgrade for the whole family to enjoy.
What is Philo?
Philo is an over-the-top internet live TV streaming service that offers 60+ entertainment and lifestyle channels, like AMC, BET, MTV, Comedy Central and more, for the budget-friendly price of $25/month.
Philo users get unlimited DVR space, can stream on three screens at once, create up to 10 profiles and can cancel any time. Philo is available on iOS and Android devices, Roku, Fire TV and more. | https://www.syracuse.com/tv/2022/06/how-to-watch-the-great-giveback-starring-melissa-mccarthy-and-jenna-perusich.html | 2022-06-13T22:04:14Z | https://www.syracuse.com/tv/2022/06/how-to-watch-the-great-giveback-starring-melissa-mccarthy-and-jenna-perusich.html | false | 1 |
Monday morning in Chhattisgarh’s Piharid village began with all villagers switching on their borewells and operating hand pumps continuously — to draw out water from a pit that was dug for a borewell. Their aim: to rescue a 10-year-old boy stuck for the last more than 75 hours.
On Monday, more than 200 men were at work, trying to reach Rahul, who remains stuck 62 feet under ground since Friday. Their challenges range from groundwater level, unstable rocks, snakes and scorpions hiding in crevices, and inclement weather.
On Friday, when Piharid residents Lala Ram Sahu and wife Geeta Sahu returned home, they found their eldest son Rahul missing. Rahul is deaf and mute, and also has developmental disabilities. After looking for long, they eventually realised he had fallen down a pit that was dug for borewell. Sahu said the pit was dug a few days ago and left with the mouth open when it didn’t yield much water. “We dug up to 80 feet but there was very little water. I had planned on getting it covered when we dug another hole,” the worried father said.
Sahu owns a small shop and cultivates the field behind his house, for which he needs water.
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The rescue operation started Friday evening. The hole is barely a couple of feet wide on the ground and widens as the depth increases, officials said.
Earlier, district and state-level rescue teams considered pulling him up by throwing down a rope but found it difficult to communicate the plan. “He is taking food we are sending through cables but not holding the cables,” one rescuer said. As NDRF teams reached the site late Friday, JCB machines were brought to dig parallel to the pit. By Sunday, the government had roped in a robotics expert; a high-duty machine to cut through rocks was sourced from Bilaspur, about a hundred km away.
A team of Army and NDRF are also working at the spot.
While the plan to use robot had to be shelved after the machines didn’t work on wet, slippery soil, rescue teams from SECL, SAIL, BALCO and NTPC set about testing soil strength, leakage of gases and other possible flaws.
Meanwhile, water started gathering in the shaft, possibly due to the digging nearby and change in pressure. Drops of water were trickling through the shaft from Friday night, and by Monday morning rescue workers realised that water had filled up to Rahul’s neck.
Collector J P Shukla, who has been at the spot since Friday, ordered borewells of the entire village to be switched on to minimise water in the shaft. “We have announced in the village to not stop the borewells and have cleared the immediate rescue site to make the process efficient. The boy will be rescued soon,” he said.
The biggest challenge for rescue workers is the topography — thick slabs of stones surround the pit and digging through them is a slow process.
By late Monday evening, all machines were put aside as NDRF personnel geared up with oxygen tanks and torch head gear. “We are going to dig the last seven feet manually, as the machines are producing vibrations that might make the entire structure unstable,” an NDRF rescue worker said.
Sitting for over 60 hours in knee-deep water, Rahul has shown courage, rescuers say. “He is eating, sleeping and even helping get water out of the shaft. His family is trying to talk to him through the hole and the camera we have sent in,” an SDRF member said.
“Sab ki pariksha hai (it’s a test for all of us). We just want our child to be back safely. That’s what the whole village is praying for,” Shyama Bai, Rahul’s grandmother said. CM Bhupesh Baghel has been personally monitoring the progress of rescue and talking to the family on video call every day. He is also updating details on social media and assuring people that Rahul will be saved. A 105-km green corridor has been created between Piharid and Apollo Hospital in Bilaspur, where Rahul will be taken after evacuation.
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards. | https://indianexpress.com/article/india/chhattisgarh-200-men-at-work-a-village-prays-as-boy-stuck-in-60-ft-borewell-pit-for-over-3-days-7968129/ | 2022-06-13T22:04:44Z | https://indianexpress.com/article/india/chhattisgarh-200-men-at-work-a-village-prays-as-boy-stuck-in-60-ft-borewell-pit-for-over-3-days-7968129/ | false | 1 |
Featured
1 pedestrian killed and another in critical condition after hit-and-run in Hesperia
HESPERIA, Calif. (VVNG.com) — A woman is dead and a man remains in critical condition after they were both struck by an unknown vehicle that fled the scene.
It happened on June 12, 2022, at about 4:15 am, along a residential area of Cottonwood Avenue, north of Sycamore Street.
According to a sheriff’s news release, a 29-year-old female pedestrian had fallen onto the roadway of Cottonwood Avenue and a 32-year-old male attempted to assist her out of the roadway.
“Both the male and female pedestrians were struck by the vehicle in the southbound lane of Cottonwood Avenue,” stated the release.
The driver fled the scene of the crash and was last seen traveling southbound on Cottonwood Avenue.
Despite life-saving measures, the female pedestrian was pronounced deceased on scene by emergency personnel. The male pedestrian was transported to a trauma center where he remains in critical condition.
Identification of the 29-year-old female is pending notification of next of kin.
At this time, it has not been determined if drugs and/or alcohol were a factor.
Cottonwood Avenue, from Sycamore Street to Sequoia Street, was closed for several hours while deputies from the Hesperia Major Accident Investigation Team (MAIT) processed the scene.
Anyone with information or anyone who may have witnessed the collision is asked to contact Deputy F. Zavala or Sergeant Brendan Motley at the Hesperia Sheriff’s Station. Those wishing to remain anonymous may call We-Tip at 1-800-78-crime or online at www.wetip.com.
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Whoever wins in the war between Ukraine and Russia, it will be worse than a pyrrhic victory. The gains will be at such a cost that not only the two warring countries, but the whole world will have to pay a heavy price for it. In fact, the rest of the world has already started suffering for that war. It has already taken such a massive toll on the availability of essential food, fuel and gas that the adverse effects of COVID-19 pandemic have been exacerbated. This is the upshot of the latest World Bank report on the global economy. The report has come to the conclusion that the global economy is facing a protracted period of weak growth and high inflation that the world witnessed nearly half a century ago, in the 1970s. The economic disruption caused by the two-year pandemic is now compounded by Russia’s invasion of Ukraine, the World Bank has warned.
In its half-yearly economic health check, the Washington-based Bank said echoes of the stagflation of the 1970s had prompted it to revise its global growth forecast for the current year from the earlier 4.1 per cent to 2.9 per cent. This is, indeed, alarming.
David Malpass, the World Bank President, sought to dispel any illusion the slow recovery indicated during the early months of the year in no uncertain terms. He said: “The war in Ukraine, lockdowns in China to tackle fresh caseloads of COVID, supply chain disruptions and the risk of stagflation are hammering growth. For many countries, recession will be hard to avoid.”
The Bank said its global economic prospects (GEP) report was the first systematic attempt to compare the current state of the world economy with those during the stagflation nearly five decades ago.
Painting a gloomy picture for the world economy in the next two years it said the slowdown in growth between 2021 and 2024 is set to be twice that of the period between 1976 and 1979. Recovery from the high inflation that followed the oil shocks of the mid and late 1970s required steep increases in interest rates in the West. This led to a series of financial crises in emerging markets and developing economies, the Bank reminded the world.
While both rich and poor countries would be hit by the slowdown in growth, the World Bank said, as is easily predictable, developing and emerging market economies are the most vulnerable. The level of per capita incomes in developing countries in 2022 would be 5 per cent below their pre-pandemic trend. The World Bank has reasons to be worried about the situation. Last month it pledged $12 billion to support low-income countries hit by the loss of food and fertilisers caused by Russia’s invasion and used the GEP to call for “decisive” global and national policy action to avert the worst consequences of the war in Ukraine for the global economy. This means efforts are needed to cushion the heavy blow dealt by surging energy and food prices. One of the measures needed to be taken for this is speeding up debt relief.
The Bank said that after halving from 5.7 per cent in 2021, growth would be stuck at 3 per cent in both 2023 and 2024 as the war has hit hard investment and trade. The pent-up demand from the pandemic faded, and policy support was withdrawn. Alarming prospects are staring the world in the face as growth in advanced economies would decrease from 5.1 per cent to 2.6 per cent this year and that in emerging and developing countries would drop from 6.6 per cent to 3.4 per cent.
In his foreword to the GEP, Malpass said subdued growth was likely to persist throughout the 2020s because of weak investment in most of the world. Just over two years after COVID-19 caused the deepest global recession since World War II, the world economy is again in peril. This time it is facing high inflation and slow growth at the same time. Even if a global recession is averted, the pain of stagflation could persist for several years – unless major supply increases are set in motion.
Amid the war in Ukraine, surging inflation, and rising interest rates, global economic growth is expected to slump in 2022. Several years of above-average inflation and below-average growth are now likely. This will destabilise low and middle-income economies. “It is a phenomenon – stagflation – that the world has not seen since the 1970s,” the World Bank concludes.
The triple blow of soaring inflation, high government debt levels and rising income inequality threaten recoveries in emerging and developing economies. Throughout the pandemic, the Bank has sounded the alarm bell about growing levels of inequality both within and between nations. Its latest report predicts an even grimmer future. In developing economies, including India, governments lack the spending power to stimulate growth. The irony is that swelling prices for assets like stocks and real estate continue to make the rich even richer while inflation hits low-income households especially hard.
Added to this is the rapid spread of the Omicron infections. This, the Bank has noted, is disrupting economic activity that is already being plagued by supply chain bottlenecks.
It would be a Herculean task for both the developed and developing countries to put the economy back on the rails. It is, indeed, the worst of times. | https://www.orissapost.com/economic-gloom/ | 2022-06-13T22:14:02Z | https://www.orissapost.com/economic-gloom/ | true | 1 |
Australia secured their fifth straight appearance at the World Cup finals by beating Peru on penalties in their qualifying play-off in Qatar.
Goalkeeper Andrew Redmayne was the Socceroos' hero, saving Alex Valera's spot-kick to clinch a 5-4 victory for his side after being introduced as a substitute at the end of a goalless 120 minutes in Al Rayyan.
Australia's Martin Boyle saw his opening penalty saved, but Peru's Luis Advincula hit a post with his and, with the other nine all converted, Redmayne's save from Valera's effort proved decisive.
In a tense, finely balanced encounter, scoring chances were few and far between before Australia twice went closest to breaking the deadlock in the final five minutes of normal time.
Wing-back Aziz Behic's shot from the edge of the area curled inches wide and three minutes later Ajdin Hrustic's low first-time attempt was well saved by Pedro Gallese.
Peru enjoyed their best spell at the start of the second period of extra time when Christian Cueva's shot flashed wide before Edison Flores' header hit a post with Australia goalkeeper Matty Ryan well beaten.
Australia will join defending champions France, Denmark and Tunisia in Group D at the 2022 finals.
The final World Cup place will be decided on Tuesday, when New Zealand play Costa Rica at the same venue. | https://www.irishexaminer.com/sport/soccer/arid-40894811.html | 2022-06-13T22:14:15Z | https://www.irishexaminer.com/sport/soccer/arid-40894811.html | false | 2 |
Northwest Iowa Still Seeing Drought Conditions
DES MOINES, Iowa -- Holding off drought in Iowa right now is a matter of where the rain's falling--and where it's not. "Any time we get rain across the middle part of the state, and in Southwest Iowa, it's not helping drought conditions in Woodbury County and along the Missouri River...
600wmtradio.iheart.com | https://www.newsbreak.com/news/2632764146138/northwest-iowa-still-seeing-drought-conditions | 2022-06-13T22:15:17Z | https://www.newsbreak.com/news/2632764146138/northwest-iowa-still-seeing-drought-conditions | false | null |
Temperatures aren’t the only things heating up in the Okanagan, as recreational properties are poised to become the hottest commodity on the real estate market, according to one analyst.
Shane Styles, president at Epic Real Estate Solutions, is predicting a summer spike in buyers and attributing it to a mindset shift during the COVID-19 pandemic.
“What are the best times in my life? Camping, recreating, water-skiing for the first time, a powder day at Big White Ski Resort. When you ask people, and you query them about life and their best and greatest memories, that’s what they reference,” he said.
Styles said that during his 25-year career, comparing months of inventory (MOI) year over year has proven to be a reliable market indicator. MOI shows how long it will take to sell a property if no additional ones enter the market.
According to May data gathered by Styles from Epic Real Estate Solutions, there is only 2.5 MOI for waterfront residential and recreational properties in the Okanagan, which indicates a sellers’ market.
“That’s up slightly from the record low I witnessed at the same time last year of 1.6 MOI and still nearly 50% lower than 2019 and 2020 where the recreational and waterfront residential market was balanced at 6 and 5 MOI respectively,” said Styles via email.
While cabins and waterfront properties are consistently popular among buyers, Styles is noticing a new trend of interest in recreational vehicle (RV) lots. According to Styles, rising gas prices and the cost of towing an RV makes year-round lots to park and use your RV ideal.
“I can locate it in an amazing place on a lake, leave it there, use it whenever I want and not have to worry about towing it,” he stated.
According to data from April released by the Association of Interior Realtors, the average price for a recreational property in Central Okanagan is $695,250, up 256.54 per cent from the same time last year, however only two properties sold, so that statistic is based on a very low sample size.
While Styles believes the interest in recreational properties is here to stay, he foresees the frenzy eventually levelling out.
“I think we’re going to get back to a little bit more normal, which I think is good and we all need that, but people have been reminded that life is short, live every day as if it’s your last.”
RELATED: Real estate owners can be rewarded for going green in Kelowna
RELATED: Worry, buyer’s remorse high as real estate market slowdown materializes | https://www.revelstokereview.com/news/analyst-expects-okanagan-recreational-real-estate-market-to-pop/ | 2022-06-13T22:16:17Z | https://www.revelstokereview.com/news/analyst-expects-okanagan-recreational-real-estate-market-to-pop/ | false | 6 |
The Jan. 6 panel heard testimony from former President Donald Trump's campaign manager in a hearing on Trump's awareness that he lost in 2020 and his effort to push the lie that he won in spite of it.
Copyright 2022 NPR
The Jan. 6 panel heard testimony from former President Donald Trump's campaign manager in a hearing on Trump's awareness that he lost in 2020 and his effort to push the lie that he won in spite of it.
Copyright 2022 NPR | https://www.mtpr.org/2022-06-13/members-of-trumps-inner-circle-gave-bombshell-testimony-in-2nd-public-jan-6-hearing | 2022-06-13T22:16:24Z | https://www.mtpr.org/2022-06-13/members-of-trumps-inner-circle-gave-bombshell-testimony-in-2nd-public-jan-6-hearing | true | null |
Issue of status of Nagorno Karabakh vital in context of conflict’s settlement – Armenian PM
YEREVAN, JUNE 10, ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan received the Foreign Ministers of the member states of the Collective Security Treaty Organization (CSTO) and the CSTO Secretary General Stanislav Zas, the PM’s Office said.
Addressing the meeting participants, the Armenian PM said: “Dear friends, I welcome you all in our country, in our capital. I welcome the holding of the session of the Council of CSTO Foreign Ministers in our country.
This year we have a double jubilee as we celebrate the 30th anniversary of the signing of the Collective Security Treaty and the 20th anniversary of the creation of the Collective Security Treaty Organization. It’s a great pleasure to see that on this jubilee year the dynamics, we have had traditionally, is being restored again after the coronavirus pandemic. And as we have stated it repeatedly, I think that this jubilee is a very good occasion to analyze the past path, highlight our achievements and success and talk about the shortcomings noticed during the existence and activity of our organization.
You know that CSTO is one of the key factors in ensuring the security of our countries, and I should regretfully state that the situation under the responsibility zone of our organization is not so stable. In this context, I believe, we should closely cooperate, exchange information and situation assessment in order to use the mechanisms for preventing and managing the crisis situations at the necessary moment.
I also want to note that we are very glad to host different CSTO events with this intensity. Recently we have hosted the session of the Council of the CSTO Parliamentary Assembly in Yerevan, and now we are hosting this important event. We are waiting for the Secretaries of the Security Councils of the CSTO states on June 17. These are really very good occasions to talk about and discuss the agenda that our organization has.
I once again want to welcome you and hope that you are having a productive session and time in our republic”.
At the meeting PM Pashinyan also touched upon the current situation in the region, speaking about the activity of the Armenia-Azerbaijan delimitation and border security commission, the opening of regional communications and the return of Armenian prisoners of war, hostages and other civilians still held in Azerbaijan. In this context Pashinyan highlighted the international community’s support.
The PM said Armenia is interested in the unblocking of regional communications, and all roads, to be opened, must operate under the sovereignty of the country through which they pass. He said there couldn’t be any “corridor” logic, and this is a common perception. In the context of the settlement of the Nagorno Karabakh conflict, the Armenian PM considered the issue of the status of Nagorno Karabakh vital and stated that the conflict must be settled peacefully, within the frames of the OSCE Minsk Group Co-Chairmanship.
Pashinyan said that the issue of the incursion of the Azerbaijani troops into Armenia’s sovereign territory since May 2021 still remains open, over which Armenia applied to the CSTO. In this context views were exchanged on improving the CSTO monitoring and rapid response mechanisms, which will raise the efficiency of the activity of the organization and the servicing of the security challenges of the member states. | https://mailer.armenpress.am/eng/news/1085683/ | 2022-06-13T22:29:42Z | https://mailer.armenpress.am/eng/news/1085683/ | true | 3 |
GRAPHIC-Bear market confirmed as U.S. stocks' 2022 descent deepens
By Lewis Krauskopf
NEW YORK, June 13 (Reuters) - The U.S. stock market's brutal year reached a grim milestone as the S&P 500's slide on Monday confirmed a bear market for the first time since March 2020, fueled by worries over sky-high inflation, a hawkish Federal Reserve and future economic growth.
With a 3.9% drop on Monday, the benchmark S&P 500 index ended 21.8% below its Jan. 3 record closing high. By falling at least 20% from its peak, the index confirmed a bear market, under a common definition used by market watchers.
If history is any guide, a bear market would mean more pain could be in store for investors. The S&P 500 has fallen by an average of 32.7% in 13 bear markets since 1946, including a nearly 57% drop during the 2007-2009 bear market during the financial crisis, according to Sam Stovall, chief investment strategist at CFRA.
It has taken a little over a year on average for the index to reach its bottom during bear markets, and then roughly another two years to return to its prior high, according to CFRA. Of the 13 bear markets since 1946, the return to breakeven levels has varied, taking as little as three months to as long as 69 months.
The S&P 500 surged some 114% from its March 2020 low as stocks benefited from emergency policies put in place to help stabilize the economy in the wake of the COVID-19 pandemic.
Those gains went into reverse at the start of 2022 as the Fed grew far more hawkish and signaled it would tighten monetary policy at a faster-than-expected clip to fight surging inflation. It has already raised rates by 75 basis points this year and expectations of more hikes ahead, including at this week's Fed meeting, have weighed on stocks and bonds.
Fed Chairman Jerome Powell has vowed to raise rates as high as needed to kill inflation but also believes policymakers can guide the economy to a so-called soft landing. Adding to the volatility this year has been the war in Ukraine, which has caused a further spike in oil and other commodity prices.
After the S&P 500 nearly confirmed a bear market last month, the market rallied back, amid some hopes the Fed could slow its rate-hike pace later this year.
But Wall Street last week posted its biggest weekly decline since January, with the latest blow to stocks coming on Friday, when data showed U.S. consumer prices accelerated in May as gasoline prices hit a record high and the cost of food soared, leading to the largest annual increase in nearly 40-1/2 years.
A few areas of the stock market have been spared. Energy shares have soared this year, along with oil prices, while defensive groups such as utilities have held up better than broader markets.
On the flip side, shares of technology and other high-growth companies have been hit hard. Those stocks - high fliers during much of the bull market over the past decade - are particularly sensitive to higher yields, which dull the allure of companies whose cash flows are weighted more in the future and diminished when discounted at higher rates.
Some of the biggest of these companies, such as Tesla and Facebook owner Meta Platforms, are also heavily weighted in the S&P 500 index.
Investors have looked at various metrics to determine when markets will turn higher, including the Cboe Volatility Index , also known as Wall Street´s fear gauge. While the index is elevated compared with its long-term median, it is still below peaks reached in previous major sell-offs.
(Reporting by Lewis Krauskopf; additional reporting by Saqib Iqbal Ahmed, editing by Megan Davies, Nick Zieminski and Marguerita Choy) | https://www.dailymail.co.uk/wires/reuters/article-10913093/GRAPHIC-Bear-market-confirmed-U-S-stocks-2022-descent-deepens.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-13T22:30:36Z | https://www.dailymail.co.uk/wires/reuters/article-10913093/GRAPHIC-Bear-market-confirmed-U-S-stocks-2022-descent-deepens.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false | 3 |
Dow plunges 900 points, S&P enters bear market as inflation fears mount
NEW YORK -- Stocks in the U.S. plunged Monday as investors digested a report last week showing that inflation in May surged at its fastest pace in four decades.
The S&P 500 tumbled 151 points, or nearly 4%, to close at 3,750. The more than 21% drop since its most recent peak in January, puts the S&P firmly in a bear market.
Other benchmark indexes also sank sharply, with the Dow Jones Industrial Average dropping 876 points, or 2.8%, and the Nasdaq Composite dropping 4.7%.
On Friday the S&P 500 sank 2.9%, locking in its ninth losing week in the last 10. The U.S. government's report that inflation accelerated to 8.6% in May, from 8.3% the previous month, was taken to mean that the Federal Reserve will continue to raise interest rates, dashing investor hopes of cooling inflation.
"Friday's CPI report was too hot to handle for U.S. equity markets. The 40-year high print in annual inflation last month spoiled the peak inflation narrative and triggered a wave of selling pressure across risk assets," Piper Sandler analysts said in a report.
Cryptocurrency prices also slid, with bitcoin sliding to $23,981 — its lowest since December 2020, according to Bloomberg.
"The brief window of hope that opened in the back half of May as it looked like U.S. inflation/Fed tightening forecasts were hitting a peak and China was reopening has snapped violently shut, and investors are back to wallowing in a hole of despair following the huge CPI on Friday and the modest COVID setbacks in China," analyst Adam Crisafulli, founder of Vital Knowledge, said in a note.
Allianz Chief Economic Adviser Mohamed El-Erian echoed concerns about inflation picking up steam. "I think you've got to be very modest about what we know about this inflation process. And I fear that it's still going to get worse, we may well get to 9% at this rate," he said this weekend on CBS News' Face the Nation.
Inflation at the pump
Fierce inflation is taking a toll on consumers. A University of Michigan index on Friday showed that consumer confidence fell to a 50-year low in early June. Average gas prices surged above $5 a gallon for the first time ever this weekend, according to AAA.
Americans typically drive more starting around Memorial Day, so demand is up. Global oil prices are rising, compounded by sanctions against Russia, a leading oil producer, because of its war against Ukraine. And there are limits on refining capacity in the United States because some refineries shut down during the pandemic.
Federal Reserve officials are scheduled to meet this week for their policy meeting, and investors expect them to raise interest rates at least half a percentage point in a bid to rein in inflation. Some Wall Street analysts think the pace of monetary tightening is likely to tip the economy into a recession.
"With the recent inflation data providing no 'clear and convincing evidence' that inflationary pressures will recede without stronger policy actions, the challenge for monetary policymakers of guiding inflation back to target without depressing demand to the point of triggering a recession has gotten that much more difficult," analysts with Deutsche Bank told investors in a research note.
"In our view, achieving such a 'soft landing' looks very unlikely given the degree of monetary tightening needed to combat the seemingly endless stream of inflationary shocks and rising inflation expectations," they added.
Chris Beauchamp at IG, expressed similar doubts in a research note.
"It's still too early to say a recession is definitely coming in the U.S., but a 'hard landing' seems very hard to avoid at this point given the way inflation is still rising," the chief market analyst said.
Mark Haefele, chief investment officer of global wealth management at UBS, has a more benign view. He still expects inflation to dip later this year, noting that the price of products like smartphones and TVs have started to decline. He notes that so-called core inflation, which excludes volatile food and energy prices, declined slightly in May even as the broader Consumer Price Index rose.
for more features. | https://www.cbsnews.com/sanfrancisco/news/dow-plunges-900-points-inflation-fears-federal-reserve-bear-market/ | 2022-06-13T22:30:44Z | https://www.cbsnews.com/sanfrancisco/news/dow-plunges-900-points-inflation-fears-federal-reserve-bear-market/ | false | 8 |
REDWOOD CITY, Calif., June 13, 2022 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, and PGIM Real Estate, the real estate investment and financing arm of PGIM, Prudential Financial's* global asset management business, today announced the opening of the first xScale data center in Sydney, named SY9x. This milestone follows the closing of the US$575 million joint venture between the parties in March 2022.
With the closing of the joint venture in Australia, Equinix's global xScale data center portfolio will be greater than US$8 billion of investment across 36 facilities, and expects to deliver more than 720 megawatts (MW) of power capacity when fully built out. Including SY9x in Sydney, Equinix currently operates nine xScale data centers across all three regions including FR9x in Frankfurt, LD11x and LD13x in London, OS2x in Osaka, PA8x and PA9x in Paris, SP5x in São Paulo, and TY12x in Tokyo. An additional eight xScale builds are under development for approximately 70 MW of incremental capacity.
Australia's cloud computing market is expected to grow by 12.5% to reach US$14.1 billion in 2025, supported by large scale digital transformation initiatives across both the public and private sectors.[1] Furthermore, according to the Global Interconnection Index Volume 5 (GXI Vol. 5), a market study announced by Equinix, Sydney is forecast to have an estimated 43% compound annual growth rate (CAGR) for enterprise private interconnection to the cloud and IT providers between 2020-2024, which is one of the highest in the Asia-Pacific region.
As the first of the two data centers to be developed and operated under the joint venture with PGIM Real Estate, SY9x currently provides more than 14 MW of power capacity and will provide more than 28 MW when fully built out to meet the surging demand for cloud-based platforms and services among businesses in Australia.
By deploying at Equinix xScale data centers, hyperscale companies can add core deployments to their existing access point footprints at Equinix International Business ExchangeTM (IBX®) data centers, enabling their growth on a single platform that can immediately span 70 global metros and offer direct interconnection to an ecosystem of more than 10,000 customers.
Highlights/Key Facts:
- SY9x is located in Rosehill, adjacent to the Western Sydney CBD of Parramatta. The second xScale facility, to be named SY10x, will provide more than 28 MW of power capacity when built. At full build the two xScale facilities will offer a combined power capacity of more than 55 MW.
- In Asia-Pacific, Equinix has also established joint ventures to build xScale data centers in Seoul, Osaka and Tokyo. Including Sydney, Equinix plans to build ten xScale data centers in the region, delivering approximately 240 MW of power capacity when completed.
- Equinix is a leader in data center sustainability and is greening the supply chains of its customers. It is the first data center operator to commit to reaching climate-neutral by 2030 globally, backed by science-based targets and a sustainability innovation agenda.
- The company's long-term goal of using 100% clean and renewable energy for its global platform has resulted in significant increases in renewable energy coverage globally. In 2021, Equinix achieved over 95% renewable energy coverage for its global portfolio.
- In Australia, Equinix, together with HSBC Bank, Nike Australia, Goldman Sachs and Hennes & Mauritz (H&M), has received approval from the Australian Competition and Consumer Commission (ACCC) for joint renewable energy purchasing.
- PGIM Real Estate owns 80% equity interest in the Australian joint venture, with Equinix owning the remaining 20%. Equinix will be responsible for the operation of the hyperscale data centers.
Quotes
- Morgan Laughlin, Global Head of Data Center Investments, PGIM Real Estate:
"Since 2013, PGIM Real Estate has been investing in the vibrant and growing data center sector and we are now delighted to be opening our first hyperscale data center in Australia in partnership with Equinix. PGIM Real Estate is projecting to continue expanding its investments in the global digital infrastructure sector, and we view our co-investment relationship with Equinix as an extremely important component of that strategic effort. In line with PGIM Real Estate's strong commitment to sustainable building practices and reducing global carbon emissions, we are seeking opportunities to both use renewable energy at our assets whilst also to grow our investments in the renewable energy sector in tandem with the expanding focus on data centers." - Guy Danskine, Managing Director, Equinix Australia:
"To address the increasing demand for cloud and digital infrastructure, the opening of our first xScale data center in Australia in tandem with the continued expansion of our International Business Exchange data center capacity across the country ensure more and more organizations can implement their digital-first strategies. This infrastructure enables our customers to scale their operations, deliver exceptional customer experiences and unlock the value of artificial intelligence, machine learning, 5G and other emerging technologies."
Additional Resources
- Powering Hyperscale Growth in Asia-Pacific for New Digital Opportunities [blog]
- Hyperscale Data Center Expansion Goes into Hyperdrive [blog]
- Equinix Sustainability Report Highlights 2021 [website]
- Equinix and PGIM Real Estate Enter into a US$575 Million JV to Extend Hyperscale Data Center Program into Australia [press release]
- Equinix and GIC to Add $3.9B to Expand xScale Data Center Program [press release]
About Equinix
Equinix, Inc. (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
About PGIM Real Estate
As one of the largest real estate managers in the world with US$209.3 billion in gross assets under management and administration1, PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. PGIM Real Estate is a business of PGIM, the US$1.4 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate's rigorous risk management, seamless execution, and extensive industry insights are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing2, and the deep local expertise of professionals in 32 cities globally. Through its investment, financing, asset management, and talent management approach, PGIM Real Estate engages in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. For more information visit pgimrealestate.com.
1 As of 31 Dec. 2021, AUM reflected as gross. Net AUM is US$137.9 billion and AUA is US$45.9 billion.
2 Includes legacy lending through PGIM's parent company, Prudential Financial, Inc.
*Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
Forward Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, risks related to our joint venture with PGIM Real Estate including the risk that the expected benefits of the joint venture will not occur; the challenges of operating and managing data centers, including xScale data centers, and developing, deploying and delivering Equinix services; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; competition from existing and new competitors; the loss or decline in business from key hyperscale companies; disruption from the joint ventures making it more difficult to conduct business as usual or maintain relationships with customers, employees or suppliers; and other risks described from time to time in Equinix's filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
View original content to download multimedia:
SOURCE Equinix, Inc. | https://www.ky3.com/prnewswire/2022/06/13/equinix-pgim-real-estate-open-first-xscale-data-center-sydney-hyperscalers/ | 2022-06-13T22:31:30Z | https://www.ky3.com/prnewswire/2022/06/13/equinix-pgim-real-estate-open-first-xscale-data-center-sydney-hyperscalers/ | true | 14 |
Influencer shopping app LTK adds creator product reviews in its latest update
Most of us dread the thought of having to return a piece of clothing we purchased online. In recent years, a newer generation of shoppers -- mainly Gen Z -- have put their trust in influencers to help them find the best products. Influencer shopping app LTK (formerly LiketoKnow.it and rewardStyle) is tapping into that trend. Between 2019 and 2021, LTK has decreased return rates by 30%. The company is aiming to further reduce return rates and show the impact that creator-guided shopping has on purchase satisfaction with its new creator product review feature. The creator product review feature has begun rolling out globally, starting with iOS devices. It will be available for Android users soon.
The tech platform, which raised $300 million late last year, also redesigned its app homepage with a “For You” section, which provides recommendations for other creator LTK posts and online stores. In addition, a new onboarding process, which recommends creators based on location and style preferences, and search capabilities will roll out in the coming weeks.
“The LTK app is the best place to discover and shop styles from creators. Creators are real people who do the work of online shopping, curating, and trying amazing styles to save shoppers effort, time, and money. This is why more and more people are shopping through creators,” said Kit Ulrich, General Manager of the Consumer Platform at LTK, in a statement. “Now, with product reviews from LTK Creators, shoppers get verified reviews and notes from real people who have tried many styles to select their favorites. And our new product search technology enables LTK to deliver a tailored experience to each shopper to make the experience even more convenient and helpful.”
LTK's creators are mainly fashion bloggers and social media influencers who can upload their content on a central marketplace, making each post shoppable on the LTK app and site. All the content made by creators highlights a product, which is either worn or shown off. The products are listed below the post, so that a customer can click on them and purchase them through an affiliated link that takes them to the retailer's website. The creator will get the same commission as other creators who don't write a creator product review, so it is just an added bonus that improves customer satisfaction. It is likely that reviews will garner more interactions on posts since opinions from influencers help them further build trust with their audience.
If the creator wrote a review on a product, a customer will see the review section slide up after clicking on it (see picture below).
Image Credits: LTK
With the launch, a new in-app editing tool allows creators to share their opinions about apparel, accessories, and other merchandise -- like beauty and home products -- in the description section. They can provide information regarding the fit, quality, color, and use, as well as pricing info and a fit scale showing if the product runs small, true-to-size, or large. They can share styling tips as well.
The LTK platform also enables creators to post videos, which many Instagram and TikTok influencers have turned to nowadays. This allows customers to see close-up shots and try on clips in order to really see the product from multiple angles.
In testing the feature, we have found that creator product reviews lack a ranking system. Similar to Amazon or eBay, having a 1 to 5-star rating will be another great way to influence a shopper to purchase a quality item.
Also, the creator product reviews that are on the app currently are short and sometimes vague. Frankly, some of the reviews sound more like an ad rather than an honest opinion. Of course, creators generally aren't going to wear or use items that they don't love and wouldn't recommend horrible quality products to their audience, but there will always be imperfections that need to be pointed out.
In addition, the influencer-driven platform is also advancing its search technology to personalize the creator-guided shopping experience by using a custom ranking algorithm, a smart autocomplete box that automatically recommends content and creators in search results, and a unique data set that guides a customer’s search.
The company has an app designed specifically for creators as well. The LTK Creator: influencer app allows creators to schedule posts, share content directly to social, and more. Over the past week, this app rolled out a news feature which informs creators about updates regarding product launches and sales from retailers, consumer insights, and more. This is the first phase of a broader personalized home screen update that will later include access to creators' real-time earnings and performance analytics, the company said. Price alerting for sales and out of stock alerts are also in the works to provide creators information that creators need to best tailor content to shoppers.
LTK was founded in 2011 by fashion blogger Amber Venz Box. There are currently 200,000 fashion, beauty, fitness, home, and lifestyle influencers taking advantage of the platform to monetize their content across the entire social ecosystem. Over 5,000 global retailers also participate on LTK, and the tech company claims to drive more than $2.9 billion in annual brand purchases from creators in over 100 countries. | https://finance.yahoo.com/news/influencer-shopping-app-ltk-adds-211416632.html | 2022-06-13T22:35:07Z | https://finance.yahoo.com/news/influencer-shopping-app-ltk-adds-211416632.html | false | 2 |
- Second quarter revenue of $4.6 million versus $5.9 million in the second quarter fiscal 2021;
- Delivered 126 security scanning systems in the quarter;
- Registered gross margin of 26%;
- Company removing F2022 revenue and gross margin guidance
MONTREAL, June 13, 2022 /CNW Telbec/ - VOTI Detection Inc. ("VOTI" or "the Company") (TSXV: VOTI), a leading-edge Canadian technology company that develops the latest-generation X-ray security systems based on 3D Perspective™ technology, announces results for its second quarter F2022. Unless otherwise noted, all dollar amounts are Canadian dollars. Please refer to the unaudited condensed Consolidated Financial Statements and Management's Discussion and Analysis (" MD&A ") for the three months ended April 30,2022 filed on SEDAR at www.sedar.com for more information.
"As we previewed in our market update release on May 24th, the softness experienced in the first quarter of fiscal 2022, primarily related to the impact of the Omicron variant and the resulting slower than expected recovery from the pandemic's fifth wave, has extended into the second quarter. As such, the timing of a return to more normal markets remains uncertain at this time." commented Rory Olson, President, and CEO of VOTI Detection. "The current softness in the market coupled with a significant increase in supply and shipping costs has resulted in continued uncertainty extending industry wide. Given the current environment, we are removing our previously released guidance for the 2022 fiscal year, including guidance pertaining to annual revenue, gross margin and our expectation that we will exit fiscal 2022 EBITDA positive."
Added Olson, "The weakness in the Company's performance year to date has had a negative impact on our cash position. Whether we can generate sufficient operating cash flows to pay for our expenditures and settle our obligations as they fall due is uncertain. The Company's ability to continue as a going concern is dependent on its ability to manage costs, raise additional equity on reasonable terms and benefit from an improving market. The existence of these conditions indicates that there are material uncertainties which may cast significant doubt on the Company's ability to continue as a going concern. We continue to review our available alternatives."
For a discussion of risks related to the Covid-19 pandemic, please see VOTI`s MD&A filed today under VOTI`s profile at www.sedar.com
Financial Highlights
(Unaudited, all amounts are in Canadian dollars)
Revenue
Revenue for the three months ended April 30, 2022 totaled $4.6 million compared to $5.9 million for the same period in Fiscal 2021, a decrease of $1.3 million or 22%. The Company sold 126 security scanning systems compared to 178 during the same period in Fiscal 2021. The revenue decrease is primarily attributed to the lower volume of systems sold, largely due to the industry impact caused by the Omicron variant, and the product and geography mix of the systems sold. This is partially offset by a greater number of higher priced systems compared to the same period in Fiscal 2021 and an increase in after sales services and extended warranties revenue.
Revenue for the six-month period ended April 30, 2022, totaled $8.9 million compared to $12.2 million for the same period in Fiscal 2021, a decrease of $3.3 million or 27%. The decrease is primarily attributed to the lower volume of systems sold, largely due to the industry impact caused by the Omicron variant, and the product and geography mix of the systems sold. This is partially offset a greater number of higher priced systems compared to the same period in Fiscal 2021 and an increase in after sales services and extended warranties revenue.
Gross Profit
Gross profit in the second quarter decreased to $1.2 million or 26% of revenue, compared to $1.8 million or 31% of revenue, for the same period in Fiscal 2021, a decrease of $614,780 or 5% of revenue. The 5% decrease in gross margin is primarily related to the lower number of systems sold, including their product and geography mix, a 3.5% increase in the average component cost per scanner, resulting mainly from an increase in freight costs allocated to the inventory sold (due to the impact of COVID-19 on the global supply chain), and the termination of funding from the Canadian Federal Government's Canada Emergency Wage Subsidy ("CEWS") stimulus program. These are partially offset by an increase in revenue from after sales services and extended warranties as a percentage of overall revenue, which carry higher margins.
For the six-month period, gross profit decreased to $2.6 million or 30% of revenue, compared to $4.2 or 34% for the same period in Fiscal 2021. The 4% decrease in gross margin compared to the same period in Fiscal 2021 is primarily related to the lower number of systems sold, including their product and geography mix, a 3.5% increase in the average component cost per scanner, resulting mainly from an increase in freight costs allocated to the inventory sold (due to the impact of COVID-19 on the global supply chain), and the termination of funding from the Canadian Federal Government CEWS stimulus program. These are partially offset by an increase in revenue from after sales services and extended warranties as a percentage of overall revenue, which carry higher margins.
Net Loss
Net loss in the second quarter decreased to $1.4 million compared to $2.9 million for the same period in Fiscal 2021. The decrease in net loss of $1.5 million is primarily related to a decrease in net financial expenses, increase in non-cash gain from changes in fair value of embedded derivative, increase in non-cash gain from change in fair value of warrants, and a decrease in share-based payments, partially offset by the decrease in gross profit, the increase in general and administrative expenses, selling and distribution expenses and research and development expenses.
Net loss for the six-month period decreased to $2.5 million compared to $4.0 million for the same period of Fiscal 2021. The decrease in net loss of $1.5 million is primarily related to a decrease in net financial expenses, increase in non-cash gain from changes in fair value of embedded derivative, increase in non-cash gain from change in fair value of warrants, and a decrease in share-based payments, partially offset by the decrease in gross profit, the increase in general and administrative expenses, selling and distribution expenses and research and development expenses.
Adjusted EBITDA*
Adjusted EBITDA in the quarter decreased to a loss of $1.6 million compared to a loss of $711,752 for the same period of Fiscal 2021. The decrease of $840,392 is primarily related to the increase in net operating expenses.
For the six-month period, adjusted EBITDA decreased to a loss of $2.5 million compared to a loss of $208,377 for the same period of Fiscal 2021. The decrease of $2.3 million is primarily related to the increase in net operating expenses.
Cash Flows
During the six months ended April 30, 2022, the Company had a balance of net cash used in operating activities of ($1,525,826) compared to net cash from operating activities of $1,474,998 for the same period in Fiscal 2021. The decrease of $3,000,824 is primarily due to decreased cash-based operating results for the period and the negative impact from the change in the Company's non-cash working capital compared to the same period in Fiscal 2021.
Second Quarter Fiscal 2022 Results Conference Call:
Details of the Conference Call:
When: June 14th, 2021, at 9:00 a.m. ET.
Dial in number: (+1) 888 390 0546, (+1) 416 764 8688 or (+1) 514 225 6995
Conference call replay available until Tuesday, June 21st, 2022.
Recording Playback Number: (+1) 888 390 0541
Playback passcode: 945748 #
To access the webcast, click on this link:
https://produceredition.webcasts.com/starthere.jsp?ei=1553275&tp_key=738b8e19b2
The conference ID is 76945748.
A full version of VOTI Detection Inc.'s Second Quarter Fiscal 2022 Management's Discussion and Analysis (MD&A) and consolidated financial statements for the second quarter ended April 30, 2022, are available on www.sedar.com.
*Non-IFRS Financial Measures
Certain financial and non-financial measures included in this news release, including Adjusted EBITDA, Gross margin percent and Adjusted net loss, do not have a standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other companies. The Company includes these measures because it believes they provide to certain investors a meaningful way of assessing financial performance. For a more complete description of these measures and a reconciliation of VOTI's non-IFRS financial measures to financial results, please see VOTI's Management Discussion and Analysis for the third quarter ended July 31, 2021.
VOTI's definition of the non-IFRS terms are as follows:
Gross margin percent is defined as Gross profit divided by Revenue.
Adjusted EBITDA is defined as net income or loss before net finance expenses, depreciation and amortization expense and income tax expense, share-based compensation expenses and items that Management believes do not necessarily arise as part of the Company's normal day-to-day operations and could distort the analysis of trends in business performance.
Adjusted net loss is defined as net loss adjusted for share-based compensation and items Management believes do not necessarily arise as part of the Company's normal day-to-day operations and could distort the analysis of trends in business performance.
About VOTI Detection
VOTI Detection, headquartered in Montreal, Quebec, and listed on the TSX Venture Exchange, is a leading-edge Canadian technology company that develops latest-generation X-ray security systems based on 3D Perspective™ technology. VOTI's technology produces remarkably sharp and more revealing X-ray images that are competitively superior while delivering enhanced threat detection capabilities and an improved user experience. Since its inception, VOTI has installed scanners in more than 50 countries and has consulted heavily with government agencies and security specialists worldwide to develop feature-rich and easy-to-use scanners that meet the sophisticated needs of modern security screening operations. www.votidetection.com
Notice regarding forward-looking statements:
This release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") which the meaning of applicable securities laws. Forward-looking statements may relate to VOTI's financial outlook and anticipated events or results and may include information regarding VOTI's financial position, business strategy, growth strategies, addressable markets, budgets, operations, financial results, taxes, plans and objectives. Particularly, information regarding VOTI's expectations of future results, performance, achievements, prospects or opportunities or the markets in which it operates and the impact thereon of the ongoing COVID-19 pandemic declared by the World Health Organization on March 11, 2020 ("COVID-19"), as well as statements relating to expectations regarding industry trends, growth rates, expectations regarding revenue and the revenue generation potential, business plans and strategies, VOTI's competitive position in its industry, VOTI's expectations relating to its rollout of its next generation MATRIX Series line of X-Ray scanners and the results associated therewith and its projections and forecasts relating to its expectations that it will return to or exceed pre-pandemic sales and gross margins constitute forward-looking statements.
In some cases, when used in this release, the words ''may'', ''would'', ''could'', ''will'', ''intend'', ''plan'', ''anticipate'', "does not anticipate", ''believe'', ''seek'', ''propose'', ''estimate'', ''project'', ''expect", "does not expect", "forecasts", "projection", "prospects", "outlook", "targets", or similar expressions, variations of such terms or the negative of such terms are intended to identify forward- looking statements. Such forward-looking statements reflect VOTI's then current views with respect to future events based on certain material facts, assumptions, opinions and estimates in light of management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors VOTI currently believes are appropriate and reasonable in the circumstances and as of the date such forward-looking statements are made. Despite a careful process to prepare and review the forward-looking statements, there can be no assurance that the underlying opinions, estimates and assumptions will prove to be correct. The forward- looking statements are based on certain key expectations and assumptions made by VOTI, including expectations and assumptions concerning availability of capital resources and ability to finance, business performance, market conditions, and customer demand. Although VOTI believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements since no assurance can be given that they will prove to be correct.
Forward-looking statements are necessarily based on a number of opinions, estimates and assumptions that VOTI considered appropriate and reasonable as of the date such statements are made, are subject to certain known and unknown risks and uncertainties that may cause the actual results or events to differ materially from anticipated in such forward-looking statements, including without limitation risks regarding the threat detection technology industry, failure to obtain regulatory approvals, or changes in regulatory environment, economic factors, management's ability to manage and to operate the business of VOTI, the equity markets generally and risks associated with growth and competition, in addition to other risks identified in VOTI's most recently filed management's discussion and analysis and in other publicly filed documents under VOTI's profile at www.sedar.com as well as other unknown risks.
Many factors could cause VOTI's actual results, performance or achievements to vary from those described in this release, including without limitation those listed above, as well as the assumptions upon which they are based proving incorrect. These factors should not be construed as exhaustive. Should one or more of these risks or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described in this MD&A as intended, planned, anticipated, believed, sought, proposed, estimated or expected, and such forward-looking statements should not be unduly relied upon. VOTI does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. The forward-looking statements contained in this release are expressly qualified by these cautionary statements. Forward-looking statements contained in this release about prospective results of operations, financial position or cash flows are based on assumptions about future events, including economic conditions and proposed courses of action, based on management's assessment of the relevant information currently available. Readers are cautioned that outlook information contained in this release should not be used for the purposes other than for which it is disclosed herein or therein, as the case may be. In addition, the current situation and future developments with respect to COVID-19 could cause certain of the assumptions and information set forth herein or the fact that on which such assumptions are based to differ materially from previous expectations including in respect of demand for VOTI's products, supply chain and availability of materials, mobility and shipping of materials and or products, access to debt and equity capital and other factors.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE VOTI Detection Inc.
For further information: Daniel Menard, Chief Operating Officer, (514) 782-1566, [email protected] | https://www.newswire.ca/news-releases/voti-detection-reports-second-quarter-results-880046255.html | 2022-06-13T22:36:55Z | https://www.newswire.ca/news-releases/voti-detection-reports-second-quarter-results-880046255.html | true | 2 |
Celebrate National Sewing Machine Day With Our Favorite Marvelous Machines!
Have you heard? Today is National Sewing Machine Day! Break out the bubbly and let’s hear it for these marvelous machines! Honestly, we would be lost without our beloved sewing machines. To commemorate this special day we’ve compiled a list of all of our favorite machines – the workhorses, the splurges, the machine sent from heaven, and those that we could never replace because of the memories that they conjure with each and every stitch. And we want to know – what is your favorite sewing machine?
Vivika DeNegre, Director of Content
Ah, my trusty Bernina! I do love this machine – it is a workhorse and nearly 20 years old, but still going strong. I will never part with it because it has become a trusted partner in my studio.
In addition to this gem, I also have a Bernina B770 that I use frequently for machine quilting (it has a super-wide throat) and most of my piecing. I test drove this machine on the set of Quilting Arts TV and was impressed with the beautiful stitch, the bright lighting, and the built-in dual feed.
Kristine Lundblad, Managing Editor of Quilting Arts and QuiltCon Magazine
My sewing machine died in the middle of a project. Has that ever happened to you? Sheer panic, right?! I was about halfway through quilting a baby quilt—a group project with my colleagues for a co-worker having her first baby—when my machine went CLUNK and would not take even one more stitch. After a minute or two of rapid breathing, I called a few local quilting friends and one came through with a loaner within a few hours. Gosh, I love my quilting buds!
The immediate problem was solved but … what to do about my trusty but elderly Bernina 1090QE? Long story short, the necessary parts are no longer available so it was time to decide my next steps.
First, I assessed my needs and wants. Then, I came up with a budget. Finally, I did some research—online, talked to friends and guildmates, and reached out to others. It was the latter that did the trick for me. Maria Shell to the rescue!
I met Maria years ago when she was a guest on “Quilting Arts TV.” We also worked together on Quilting Arts and QuiltCon magazines and I had the pleasure of taking a Zoom class with her during the pandemic. And I video-interviewed her last year when her quilt, “Jökulhlaup,” was on the cover of the Summer 2021 issue of Quilting Arts. She is warm, smart, resourceful, and very giving—not to mention being a world-class quilter! For some reason, I thought to reach out to her; maybe because she is so easy to talk to. I told her my tale of woe. I don’t know what I was expecting—I mean, what would you do if someone randomly emailed you about her broken sewing machine conundrum?
But Maria had a lot of sympathy—and a solution! She had purchased a few machines from a woman who had too many. It was sort of on impulse; she didn’t really need them, particularly, but she was rescuing them from an uncertain fate. And one of them was a Bernina 1090—almost identical to my beloved 1090QE! Yes, it is an older machine and I could face similar repair problems down the road but I had such a good feeling about it—and Maria did, too. It was kismet! We agreed on a price, she wrapped and packaged it perfectly, and it arrived a few days later—from Alaska to Massachusetts without a scratch! I named her Peggy after the woman who sold her to Maria. I love Peggy so much!
So now I have a fairy godmother as well as a lovely, new-to-me sewing machine and I couldn’t be more grateful for both! I love happy endings, don’t you?
Eileen Fowler, Associate Editor
In my lifetime, I’ve owned three sewing machines (a Kenmore, an Elna Quilter’s Dream, and a Pfaff Creative Vision). Love quilting on my Elna and Pfaff, but nothing compares to the fond memories and countless hours of stitching on my mother’s White. Isn’t it ironic that the White was turquoise? Anyway, I was only six when this marvelous machine and its cabinet were delivered to our home. Watching the White sew fabric pieces together was mesmerizing! After countless hours of patient observation, my mother finally caved and allowed me to sit at the helm. I learned how to oil it, wind bobbins, adjust tension, and stitch (almost) perfect, straight seams. My first project ever—a flannel nightgown—and many others were sewn on that White. No fancy “bells and whistles” included—just the basics. Sometimes a simple workhorse is all you need.
Valerie Uland, Fons & Porter’s Love of Quilting editor
I have quite a few sewing machines, including my great grandmother’s Necchi, a Baby Lock embroidery machine, a couple of older Berninas, Singer Featherweights, and even a Singer treadle machine. It’s hard for me to pass up any vintage machine, too, especially those that are painted turquoise! But my go-to sewing machine for efficient piecing and quilting is my Juki TL-98Q. Its long and narrow feed dogs that fully engage ¼” patchwork seam allowances combined with its single-hole needle plate make for beautiful straight stitches. When chain piecing, I can rev it up to 1500 rpm for some fast and furious deadline sewing! The needle stop up-down button keeps my fabric from budging while stopping for unpinning, pivoting, or adding the next patches to my chain. The knee lift lever is invaluable for finessing patchwork (like curves!), and I can cut the threads from the foot pedal. The size L bobbin holds more thread than my other sewing machines for less-frequent winding, too! And lastly, I love its generous harp space for visibility while piecing or free-motion quilting with dropped feed dogs. I added an LED light strip—and a little zebra friend!
Gigi Levsen, McCall’s Quilting editor
I was lucky enough to pick up this old Bernina for just a few dollars and it was my main sewing machine for many years. It does only straight stitch and zigzag. It’s missing the case it came in so I had to tape a box onto the table next to it to create a larger sewing surface for quilting. But it worked very well for a long time (and it still does, even though I don’t use it regularly anymore) and I will never part with this machine.
I was fortunate to be able to replace my old Bernina with a new(er) one which I love just as much. It’s got a lot more features and works beautifully. After doing a bit of quilting with my walking foot, shown above, I’ll do some free motion quilting with the BSR (Bernina Stitch Regulator), which keeps the stitches a consistent length no matter the speed at which I move the quilt under the foot.
Happy National Sewing Machine Day from us to you, and Happy Quilting, too! | https://s31968.pcdn.co/celebrate-national-sewing-machine-day-with-our-favorite-marvelous-machines/ | 2022-06-13T22:37:40Z | https://s31968.pcdn.co/celebrate-national-sewing-machine-day-with-our-favorite-marvelous-machines/ | false | 1 |
The Orioles selected Stowers' contract from Triple-A Norfolk on Monday. He'll start in left field and bat eighth in the Orioles' series opener in Toronto.
Stowers was summoned from the taxi squad as a replacement for Anthony Santander, who landed on the restricted list and presumably isn't eligible to play in the four-game series in Toronto due to his vaccination status. Assuming Santander is ready to play when the Orioles return to Baltimore this weekend for a three-game set against the Rays, Stowers will likely be sent back to the minors since an everyday role won't be available for him at the big-league level. One of the Orioles' top upper-level prospects, the 24-year-old Stowers was slashing .253/.356/.545 with 12 home runs and three stolen bases over his 209 plate appearances at Norfolk this season. | https://www.cbssports.com/fantasy/baseball/news/orioles-kyle-stowers-making-mlb-debut-monday/ | 2022-06-13T22:37:51Z | https://www.cbssports.com/fantasy/baseball/news/orioles-kyle-stowers-making-mlb-debut-monday/ | false | null |
LNG tanker charter rates hit record highs as demand soars
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June 13 (Reuters) - Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.
Soaring demand for LNG and buyers shunning Russian cargoes and vessels over its invasion of Ukraine have led to more long-term charters, limiting the supply of vessels to the spot market, said shipbroker and LNG consultancy Poten & Partners.
The fire that knocked out the Freeport LNG gas-processing and export terminal has not affected the increase in spot rates, he said. The plant is out of operation through at least month's end. read more
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Spot rates for transporting 160,000 cubic meters of LNG in the Atlantic Basin is $100,000 per day, and $85,000 per day for Asia, or the East-of-Suez, cargoes, said Poten's head of business intelligence Jason Feer.
Both prices are up substantially compared to the average for the year, with year-date average for Asia of $49,000 per day. Day rates bottomed in March and have been very strong since May.
"There has been a substantial increase in long-term charters," said Feer, taking capacity off the spot market. "We've seen some 10-year charters that we hadn't seen for many years previous," he said, declining to name the long-term charterers.
Buyers who were caught short of transport in the last two winters turned to long-term charters. Fewer vessels will be coming off charters in the coming months, keeping supply tight, he said.
"It (the Freeport LNG outage) should have had an impact. A loss of supply anywhere implies a loss of demand, but we didn't see it," said Feer. Instead, spot cargo rates last week rose 4% to 30% depending on the vessel size and location.
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Our Standards: The Thomson Reuters Trust Principles. | https://www.reuters.com/business/energy/lng-tanker-charter-rates-hit-record-highs-demand-soars-2022-06-13/ | 2022-06-13T22:38:05Z | https://www.reuters.com/business/energy/lng-tanker-charter-rates-hit-record-highs-demand-soars-2022-06-13/ | true | 6 |
Three recent high school graduates — who were on the program in July 2019 — speak about their podcast set in their hometown of Gary, Ind.
Copyright 2022 NPR
Three recent high school graduates — who were on the program in July 2019 — speak about their podcast set in their hometown of Gary, Ind.
Copyright 2022 NPR | https://www.klcc.org/2022-06-13/checking-in-with-3-teens-who-challenged-a-waste-management-company-with-their-podcast | 2022-06-13T22:38:28Z | https://www.klcc.org/2022-06-13/checking-in-with-3-teens-who-challenged-a-waste-management-company-with-their-podcast | true | null |
MEXICO CITY, June 13, 2022 /PRNewswire/ -- FIBRA Prologis (BMV: FIBRAPL14), a leading owner and operator of Class-A industrial real estate in Mexico, today announced it will host an ordinary certificate holders' meeting Tuesday, July 5, 2022 at 12:00 p.m. CT. in the office of the Common Representative, Monex Casa de Bolsa, S.A. de C.V., located at Av. Paseo de la Reforma No. 284, floor 9, Col. Juárez, C.P. 06600, México, Ciudad de México.
The agenda for the Ordinary Holders' Meeting includes the management presentation with respect to the triggering of an incentive fee by its sponsor, Prologis, in accordance with the Management Agreement and approval of the holders to carry out the issuance of additional Certificados Bursátiles Fiduciarios Inmobilarios ("CBFIs") to be applied as payment of the Incentive Fee in accordance with Clause 8.3 of the Management Agreement.
Should the holders not approve the issuance of the CBFIs, the incentive fee will be paid in cash as provided in the Management Agreement. Any new CBFIs issued for the payment of the incentive fee will be subject to a lock-up period of six months.
For more information, please visit the Investor Relations section of the FIBRA Prologis website at www.fibraprologis.com.
ABOUT FIBRA PROLOGIS
FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of March 31, 2022, FIBRA Prologis was comprised of 227 logistics and manufacturing facilities in six industrial markets in Mexico totaling 43.4 million square feet (4.0 million square meters) of gross leasable area.
FORWARD-LOOKING STATEMENTS
The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.
Non-Solicitation - Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.
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SOURCE FIBRA Prologis | https://www.wabi.tv/prnewswire/2022/06/13/fibra-prologis-announces-upcoming-ordinary-holders-meeting-incentive-fee-payment-sponsor/ | 2022-06-13T22:39:51Z | https://www.wabi.tv/prnewswire/2022/06/13/fibra-prologis-announces-upcoming-ordinary-holders-meeting-incentive-fee-payment-sponsor/ | false | 14 |
David Hundeyin Slams Burna Boy After Night Club Shooting
Investigative journalist, David Hundeyin, has blasted singer Burna Boy following news of a shooting at a night club in Lagos.
The police orderlies attached to the singer were said to have shot at fun seekers at the night club while the singer allegedly watched.
Reacting, Hundeyin in a series of social media posts, said Burna Boy was only acting like a gangster which he is not.
He wrote, “I’m sure if you take @burnaboy’s security away and put him in the same room with the actual kind of gangsta he’s always roleplaying, he will wet himself.
“Insecure idiot that went to Corona School but is out here waving guns and acting like the hardman he absolutely is not.
“Foolish child that went to the same school with Yemi Osinbajo but is out here forming Port Harcourt street boy and laughing while his security shoots innocent people just minding their business.
“One day that street you love to roleplay so much will catch you. One day.
“Which nonsense PH boy vibe? This òdè that was classroom olodo at Corona School? Born and raised in Lagos. Spoiled brat!” | https://concise.ng/david-hundeyin-slams-burna-boy-after-night-club-shooting/ | 2022-06-13T22:42:26Z | https://concise.ng/david-hundeyin-slams-burna-boy-after-night-club-shooting/ | false | 1 |
TORONTO • PGA Tour commissioner Jay Monahan took potshots at the breakaway LIV Golf Invitational Series on Sunday, calling the inaugural series a bunch of "exhibition matches against the same players over and over again".
During CBS' coverage of the final round of the Canadian Open on Sunday, the American gave his first interview since last week's decision to suspend 17 tour members for their decision to play in the opening event of the budding rival circuit over the weekend in London.
LIV offers the most lucrative purse in golf history - 2011 Masters winner Charl Schwartzel banked US$4.75 million (S$6.6 million) after his victory on Saturday - and more PGA members will jump ship when the series moves to Portland, Oregon, later this month.
Former US Open champion Bryson DeChambeau and former Masters champion Patrick Reed will make their debuts there, alongside Rickie Fowler, Matt Wolff, Pat Perez, Bubba Watson and Jason Kokrak.
But Monahan remains dismissive of LIV, saying: "Why do they need us so badly? Because those players have chosen to sign multi-year lucrative contracts to play in a series of exhibition matches against the same players over and over again. You look at that versus what we see here today, and that's why they need us so badly.
"You've got true, pure competition. The best players in the world are here at the Canadian Open, with millions of fans watching, and in this game, it's true and pure competition that creates the profile in the presence of the world's greatest players.
"And that's why they need us. That's what we do. But we're not going to allow players to free ride off of our loyal members, the best players in the world."
Four-time Major champion Rory McIlroy also took the chance to get a jab in at LIV after closing with an eight-under 62 to finish on 19-under 261, with the Ulsterman retaining his title in Toronto.
A long-time critic of the rival tour, the world No. 3, who was two shots better off than Tony Finau (64), was glad to note that he surpassed LIV chief executive officer Greg Norman's career mark of 20 PGA wins with his 21st victory.
"I had extra motivation of what's going on across the pond," McIlroy said. "The guy that's spearheading that tour has 20 wins on the PGA Tour and I was tied with him and I wanted to get one ahead of him. And I did. So that was really cool for me, just a little sense of pride on that one."
REUTERS | https://www.straitstimes.com/sport/golf/pga-tour-chief-slams-liv-series | 2022-06-13T22:49:05Z | https://www.straitstimes.com/sport/golf/pga-tour-chief-slams-liv-series | false | 1 |
On June 10, 2022, AGNC Investment Corp. (NASDAQ: AGNC) opened at $12.10, lower -1.97% from the last session. During the day, the shares moved up to $12.14 and dropped to $11.81 before settling in for the closing price of $12.19. Price fluctuations for AGNC have ranged from $10.86 to $18.80 over the past 52 weeks.
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During the last 5-year period, the sales drop of Real Estate Sector giant was -4.10%. Company’s average yearly earnings per share was noted 286.60% at the time writing. With a float of $521.09 million, this company’s outstanding shares have now reached $524.30 million.
Let’s determine the extent of company efficiency that accounts for 50 employees. In terms of profitability, gross margin is +100.00, operating margin of +34.13, and the pretax margin is +31.03.
AGNC Investment Corp. (AGNC) Insider Activity
A key investor’s attitude towards the stock of the REIT – Mortgage industry is another important factor to consider. The insider ownership of AGNC Investment Corp. is 0.80%, while institutional ownership is 48.80%. The most recent insider transaction that took place on Feb 11, was worth 2,819,760. In this transaction Director, Executive Chair of this company sold 200,000 shares at a rate of $14.10, taking the stock ownership to the 667,920 shares. Before that another transaction happened on Feb 11, when Company’s Director, Executive Chair sold 400,000 for $14.10, making the entire transaction worth $5,639,520. This insider now owns 2,066,178 shares in total.
AGNC Investment Corp. (AGNC) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 3/30/2022, the company posted $0.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.63) by $0.09. This company achieved a net margin of +31.03 while generating a return on equity of 7.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 286.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.81% during the next five years compared to -7.30% drop over the previous five years of trading.
AGNC Investment Corp. (NASDAQ: AGNC) Trading Performance Indicators
Check out the current performance indicators for AGNC Investment Corp. (AGNC). In the past quarter, the stock posted a price to sales ratio for the trailing twelve months stands at 7.62. Likewise, its price to free cash flow for the trailing twelve months is 10.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.86, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of AGNC Investment Corp. (AGNC)
Looking closely at AGNC Investment Corp. (NASDAQ: AGNC), its last 5-days average volume was 9.2 million, which is a drop from its year-to-date volume of 11.09 million. As of the previous 9 days, the stock’s Stochastic %D was 31.57%. Additionally, its Average True Range was 0.30.
During the past 100 days, AGNC Investment Corp.’s (AGNC) raw stochastic average was set at 24.94%, which indicates a significant decrease from 30.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.93% in the past 14 days, which was lower than the 26.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.11, while its 200-day Moving Average is $14.38. However, in the short run, AGNC Investment Corp.’s stock first resistance to watch stands at $12.12. Second resistance stands at $12.30. The third major resistance level sits at $12.45. If the price goes on to break the first support level at $11.79, it is likely to go to the next support level at $11.64. Should the price break the second support level, the third support level stands at $11.46.
AGNC Investment Corp. (NASDAQ: AGNC) Key Stats
There are currently 523,360K shares outstanding in the company with a market cap of 6.38 billion. Presently, the company’s annual sales total 1,361 M according to its annual income of 749,000 K. Last quarter, the company’s sales amounted to 475,000 K and its income totaled -651,000 K. | https://newsdaemon.com/2022/06/13/agnc-investment-corp-agnc-20-days-sma-touches-1-00-the-odds-favor-the-bear-2/ | 2022-06-13T22:50:11Z | https://newsdaemon.com/2022/06/13/agnc-investment-corp-agnc-20-days-sma-touches-1-00-the-odds-favor-the-bear-2/ | false | 6580 |
Although attendance was lighter than years prior, Saturday’s Relay for Life provided a step in the right direction for the fight against cancer in Northeast Nebraska after two years away from an in-person event.
Nebraskans affected by cancer gathered from across the region at Norfolk High School, some to offer their support, give advice and to share their experiences.
Faye Kilday is an organizer for the relay in Knox County. With the pandemic still restricting the county from running the event, she made the decision to come down to Madison County after reaching out to Wendy Swenson, a friend and one of the key organizers for Norfolk’s relay.
Cancer runs deep in Kilday’s family, with her parents and grandparents survivors and her mother-in-law a casualty. She said critical research into the disease, funded by the American Cancer Society (ACS), has been crucial to her family’s survival, but for others she also credited the organization with the direct forms of support it provides, including helping to pay for gas and temporary housing costs as well as a hotline for helping people navigate a cancer diagnosis.
“A lot of people don’t know those resources are out there, but they’re something that hopefully events like this help to get the word out on,” Kilday said.
Scott Sanne heads one of the relay teams that attended Saturday’s fundraiser. Diagnosed with cancer in January, Sanne said finding support, no matter how substantial, can mean the world for someone coming to grips with a diagnosis.
“You can’t thank (the American Cancer Society) enough for what they do,” Sanne said. “I’ll need a little help, but that little help, you’d be surprised what a shining light that can bring to a situation that you’re trying to overcome.”
His first time attending the relay, Sanne said he wants his team, dubbed “IN-Sannely Strong,” to contribute to the ACS’ mission to bring that critical support to others as well.
“I wanted to create a team, not just for me, but just to try to bring awareness, promote the cancer society through fundraising and get more people involved,” Sanne said.
Diagnosed in 2005, Marilyn Reestman has learned to live with cancer over the past 17 years. She said the hardest part of her battle came just before her diagnosis, when she was waiting for her results. Since then, she’s grounded herself in the certainty that cancer provides that her time may be limited and said she refuses to feel sorry for herself even at the worst of times.
“You learn to appreciate stuff a lot more. You’re just like, ‘I might not be here tomorrow,’ and you live life to the fullest,” Reestman said. “I’m on the run all the time. I’m not letting anything grow under my feet. … You’ve got to keep moving forward.”
Reestman was slightly disappointed by the turnout but compared the process of getting the event back on track after a two-year hiatus to the way life was disrupted in Nebraska after the 2019 floods, such as with a Neligh golf league she played in which has yet to return since. This year’s Christian Cross Festival, which received a record level of turnout and was scheduled for the same time, also may have factored into the lower attendance.
Nonetheless, Reestman said she’s always inspired to see people coming out to support the cause, no matter how many or few.
“It’s just enlightening to see these people, even if there’s only a handful,” Reestman said. “To know that there’s somebody who cares and somebody’s out there fighting for their family members, or for somebody else’s family members, or just even for somebody they don’t know.”
For her part, Swenson said she wasn’t too worried about the attendance numbers and was just grateful to see the event and the memorials to fallen members of the community, known as luminaria, back on the track.
“It was just really great to be back here in this setting,” she said. “Just seeing the luminaria around the track again, that’s so cool to see.”
Kilday agreed with the sentiment and said that being able to hold the fundraiser in-person also returns a vital element of personal connection to the event.
“This is really important, to get people back (in-person),” Kilday said. “Obviously we all had different types of cancers and different experiences (with cancer), but that’s one thing that united the different people, and there’s just camaraderie.” | https://norfolkdailynews.com/news/survivors-supporters-offer-perspectives-on-the-battle-against-cancer-at-relay-for-life/article_bb7ce4dc-eb22-11ec-9f07-cb4f04340747.html | 2022-06-13T22:50:44Z | https://norfolkdailynews.com/news/survivors-supporters-offer-perspectives-on-the-battle-against-cancer-at-relay-for-life/article_bb7ce4dc-eb22-11ec-9f07-cb4f04340747.html | true | 1 |
No day is ever the same for 35-year-old Shane Hartline of Lake Wales, actor, writer, comedian and now one of the latest Storm Troopers to don the costume as a guest star for the Disney television mini-series, Star Wars: Obi-Wan Kenobi.
“I wish I could go back to my ten-year-old self, playing with Star Wars toys, point to the Storm Trooper and say one day you’re going to be that guy. The hardest part is I had to keep it quiet for over a year!” he said.
Hartline, of Lake Wales, has also appeared in 2011 feature film “Rock of Ages,” a recurring role on ABC’s “Station 19,” in 2021-22, various roles on Jimmy Kimmel Live from 2014-2018, “the Disney Channel Series ‘Stuck in the Middle’” in 2018 and is a former professional wrestler.
A sketch comedy actor, his online sketches and videos have gone viral, gaining over 20 million likes on his “Tik Tok” and millions of Instagram views.
Hartline landed the Storm Trooper role after doing a “self-tape,” in April 2021 he said, meaning he had to tape the audition himself at home and submit it.
“At the time the audition was for a soldier in a project simply titled “Untitled Disney Project,” and I didn’t know for sure, but I prayed it was the new Obi-Wan Project I knew was in pre-production,” Hartline said.
“As a lifelong Star Wars fan, it’s been a dream, like many, to be involved in the universe in any way ever since I started acting professionally,” he said.
“I worked hard on this audition, sent it out and didn’t hear back for weeks,” Hartline said.
Then on May 3, he got the phone call.
“I’ll never forget that date because it was the day before May the 4th, aka ‘Star Wars Day,’” he said.
“I booked Star Wars and it floored me. I literally fell on the floor and don’t mind saying, cried like a dang baby. I was going to be a freakin’ Storm Trooper working directly with Ewan McGregor, aka Obi Wan Kenobi,” Hartline said.
His parents, Candi and Alan Hartline, of Lake Wales, were likewise excited.
“We are galaxies proud of him,” Candi said. “As his parents, we knew from his love of acting and filming as a child he would do great things, but this is truly a dream come true for us and without a doubt, for him.”
A few weeks before their first shoot date in May 2021, Hartline was fitted with his costume.
“I’ll never forget trying on the Storm Trooper costume and a woman from the wardrobe department asking me, ‘You’re excited, aren’t you?’ and I replied, ‘Of course I am, this is a dream come true,’” he said.
“The suit is surreal and makes you feel pretty bada** wearing it,” he said.
It takes three people and fifteen minutes to help Hartline get into his costume.
“And I have a big old-nose which makes the mask a little snug, but I wouldn’t change any of it,” he said.
Like many actors, he has fought challenges along the way.
“The entertainment business is without a doubt a very tough business and there have been times that I’ve wanted to quit. Literally a few weeks before I found out I booked Star Wars was one of those moments,” he said.
“It’s a very hard business but when those thoughts creep in, they usually fade quickly because there’s nothing else I want to do in my life. It’s all I think about, it’s what makes me most happy,” he said.
Having wrestled with a neurological condition called Spasmodic Dysphonia since age 5, he said his journey as an actor has been a unique one.
“We all have speedbumps and challenges that we have to overcome to get as comfortable as we can be in our own skin, which is where we need to be as an actor,” he said.
In 2019, he created a short film about his condition entitled “Cookie,” viewed on YouTube.
“After that, it literally has felt like I’m slowly emptying a bag of rocks I’ve been carrying for years. And what I say to family, friends or anyone wanting to do acting or anything .. if I can do it, you can too,” he said.
“Anything you want and manifest can happen.”
Hartline is also soon to star in the family comedy, “Furry Fortune.”
Kathy Leigh Berkowitz can be reached at kathyleighberkowitz@yahoo.com or at 863-605-6535. | https://www.midfloridanewspapers.com/polk_news_sun/lake-wales-actor-lands-storm-trooper-role-in-star-wars-miniseries/article_062e496a-eb52-11ec-b15a-277af2e64269.html | 2022-06-13T22:54:54Z | https://www.midfloridanewspapers.com/polk_news_sun/lake-wales-actor-lands-storm-trooper-role-in-star-wars-miniseries/article_062e496a-eb52-11ec-b15a-277af2e64269.html | true | 3 |
LIBERTY, Mo. – Investigators identified six men in custody accused of traveling to Clay County in hopes of having sexual conduct with a 14-year-old girl.
Each man met someone they thought was a teenager through social media. The teenager turned out to be an investigator with the Clay County Sheriff’s Office.
These arrests are part of an ongoing investigation with Homeland Security known as Operation Blue Ghost. The undercover operation is responsible for arresting a total of 32 people for crimes against children.
These are the latest names of men arrested in the sting:
- Jackie S. Sedgwick, 59, of Kansas City, Missouri
- Charged with sexual misconduct with a child under 15
- Wildredo Sanabria-Recinos, 38, of Kansas City, Missouri
- Charged with sexual misconduct with a child under 15 and enticement of a child
- Omar O. Lopez-Calderon, 26, of Kansas City, Missouri
- Charged with the enticement of a child and endangering the welfare of a child
- Jacob R. Miller, 31, of Gallatin, Missouri
- Charged with the enticement of a child
A fifth man is charged in federal court because he crossed state lines from Kansas into Missouri to meet the 14-year-old girl.
The sixth man charged tried to run from officers and ended up injuring a deputy.
The Clay County Sheriff’s Office said 32-year-old Robert B. Koester of Springfield, Missouri, backed into a deputy and pinned the officer between two cars. The deputy suffered minor injuries to his knee.
Koester is also accused of hitting several patrol vehicles and a mailbox as he tried to get away. Deputies followed him until he crashed and hit a light pole on 210 Highway near Interstate 435, where they took him into custody.
Koester has been charged with the enticement of a child, first-degree assault on a law enforcement officer, armed criminal action, resisting arrest by fleeing, and drug possession. He remains in custody in the Clay County Detention Center.
The Clay County Sheriff’s conducted a similar sting in March. Deputies arrested 43-year-old Russell P. McGinnis of Independence. He is charged with enticement of a child and furnishing pornographic material to a minor. | https://fox2now.com/news/missouri/6-suspects-identified-in-a-child-sex-sting-in-missouri/ | 2022-06-13T22:56:55Z | https://fox2now.com/news/missouri/6-suspects-identified-in-a-child-sex-sting-in-missouri/ | true | 3 |
Will IBM i Become More Like Linux?
June 13, 2022 Alex Woodie
The recent launch of Merlin, a Linux-based collection of tools for creating next-gen IBM i applications, has raised questions about the future of IBM i. One of the questions has to do with IBM i’s relationship with Linux, and whether it will have to be become more like Linux to survive. Just like IBM i had to become more like Unix and Windows Server, in many ways, to survive.
Merlin is a different sort of product than what IBM typically ships. For starters, it isn’t a modernization tool per se, but more like a collection of tools that allow IBM i customers to begin developing IBM i applications using modern DevOps methods. It’s a framework, if you will, that today includes a Web-based IDE, connectors for Git and Jenkins, and impact analysis and code conversion software OEMed from ARCAD Software. And in the future, Merlin will have even more goodies, including possibly an app catalog, PTF management, security capabilities, and more integrations with tools from third-party vendors.
Merlin is also unique in how IBM chose to deliver it. Instead of making this software all native, Big Blue wants it to run in the same modern manner in which the wider IT world runs stuff, which means containers.
Merlin runs only in a container. In fact, it runs only in containers managed by Kubernetes, and the only Kubernetes distribution it supports is IBM’s own Red Hat OpenShift. What’s more, all Kubernetes runs on Linux, which makes Merlin a Linux app at the end of the day. Google, which created the Borg workload and container scheduler, the origination of Kubernetes, to simplify the massive workloads running in its cloud datacenters, and which open sourced a layer of Borg as Kubernetes in 2014, didn’t develop Kubernetes to be able to run on other operating systems – not Windows, not Unix, and certainly not IBM i.
IBM didn’t have to use OpenShift as the delivery mechanism for Merlin. But it did, for several reasons. The first and most important reason is that running containers in the cloud – and specifically, with the Kubernetes container controller in charge of how these containers are podded and managed – is the way the rest of the IT business does things these days. That makes it quintessentially modern, and being modern is what Merlin is all about. Secondly, IBMers also admit that they are doing a little bit of demand generation for OpenShift, which IBM is positioning to be the strategic Kubernetes alternative for any container workloads not running on AWS, Microsoft Azure, or Google Cloud. That has to please IBM Rochester’s Red Hat colleagues, even if it annoys midrange die-hards who refuse to even spell K8S (that’s the shorthand for Kubernetes, by the way).
This tie-in between Merlin, Kubernetes, Linux, and IBM i raises several interesting questions. If Merlin represents the future of modern IBM i development, does that mean Kubernetes (and therefore Linux) is the future of the platform too? Can IBM i be made to be more like Linux, or compatible with it? Will Kubernetes ever run on IBM i? Can containers run on IBM i? If so, what would that even look like?
IBM i And Kubernetes
Steve Will, the IBM i chief architect, CTO, distinguished engineer, and mastermind of Merlin, admits that even the IBM brass had some questions when he first brought his idea for Merlin to their attention.
“The very first people I disclosed this to assumed I was going to be telling them that this project was about running containers on IBM i,” Will said during his keynote address on Merlin at COMMON’s annual POWERUp 2022 conference several weeks ago.
The question of whether containers and Kubernetes can even run on IBM i is a bit moot. There is a simple answer: There are fundamental technological incompatibilities that make it virtually impossible to run containers and Kubernetes on IBM i. But there’s also a longer, more complex answer that perhaps is more revealing.
Merlin is good because it “places IBM i directly in the Red Hat OpenShift conversation,” Will told POWERUp attendees. “In the world today, programmers are being pushed, encouraged to do container-based things. It’s the latest trend.”
“[But] there is no container management system that runs on IBM i today,” he continued. “It isn’t that IBM i doesn’t support containers. It’s that there’s no container management system that knows how to build a container on IBM i.”
Containers are useful, Will said, because they provide a way to encapsulate a bunch of services and code and put it all together. In fact, IBM i already has something like that. “We can do that today,” he said. “We can build an environment that’s very much like a container today. What I can’t do is manage a container management system because they only care about Linux.”
Container Lockstep
The IBM brass greenlighted Merlin in part because it liked the direction Will was taking with Kubernetes and containers (even if they didn’t like the name). The fact that there is a fundamental impedance mismatch separating IBM i from the world of containers is not a dealbreaker in their eyes. Nor do the top decision-makers at Big Blue seem especially worried about it.
“None of the executives at IBM are asking us to make IBM i into Linux so that we can do containers. They recognize that’s not a thing,” Will said. “But we’re going to put out software that helps people move in a forward direction. Being in lockstep and this idea of having container-based software is a good thing to do.”
IBM i will never run Kubernetes or be a home for traditional containers, which are usually based on a technology called Docker. But the next best thing is getting the IBM i-resident applications and data as close to the applications and data residing in containers (in Kubernetes on Linux), which appears to be the strategy at this point.
“Now ultimately as you do modernization, you might end up writing some code that exists on IBM i and calls out to containers that are running somewhere else,” Will said. “That’s a valid, modernized way of doing things. Many people are doing that. You can do it with our tool set, or you can do it with other toolsets. We are not trying to make IBM i support containers with this. What we’re trying to do is give you tools that run in containers that will help you do your real job and help you cut off those questions about IBM i and containers.”
IBM (L)i(nux)
While Kubernetes isn’t going to run on IBM i, and IBM i isn’t going to morph into a version of Linux, the platforms can still work closely together, especially with OpenShift running directly on Power (although Merlin also will run on Red Shift on X86.
The key to getting them work closely together and making life easier for the customer is delivering a management layer that can work with both IBM i and Kubernetes. That management layer is Ansible, according to Steve Sibley, vice president of Power Systems offering management at IBM.
“We see bringing those closer together and simplifying how it’s put together and managed by the customer as the way to do that,” Sibley told IT Jungle in an interview at POWERUp 2022. “The way you bring it closer is to make the ability to manage the environment simpler. For instance, we talk about Ansible as a key management capability. It really is bringing Linux closer to i. It’s about bringing the i platform into a customers’ overall management environment. They can use the exact same Ansible platform to manage both their i platform as well as their Linux on Power as well as their Linux on X86 environments.”
IBM i isn’t going to run Kubernetes and it’s not going to become Linux. But it will sit right next to them, enabling IBM i applications and customers to integrate with them to the greatest extent possible. Will be enough to ensure IBM i’s continued relevance and survival in a world dominated by containerized microservices running in the cloud? Only time will tell.
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IBM Will Change WebSphere To Work In A Cloudy World | https://www.itjungle.com/2022/06/13/will-ibm-i-become-more-like-linux/ | 2022-06-13T22:57:37Z | https://www.itjungle.com/2022/06/13/will-ibm-i-become-more-like-linux/ | true | 1 |
Filiera Italia and Coldiretti inaugurate "the authentic Italian Food System" booth at Fancy Food in New York
NEW YORK, June 13, 2022 /PRNewswire/ -- "The concept of 'Made in Italy' is a repository of food excellence and ties to regions, culture and tradition. That is why it is important to provide comprehensive information to consumers in order to enhance and protect our Italian food and wine heritage." This is affirmed by Luigi Scordamaglia, the CEO of Filiera Italia, introducing the opening works of the booth of Filiera Italia and Coldiretti at the Summer Fancy Food Show in New York (Level 3 — 2717 — Italy).
The concept of "Made in Italy" is a repository of food excellence and ties to regions, culture and tradition of Italy.
The inauguration ceremony was attended by Mariangela Zappia, Italian Ambassador to the United States, Carlo Ferro, President of ITA-Ice, Stefano Bonaccini, President of Emilia Romagna region, Paolo De Castro, Italian Representative at the European Parliament, and Vincenzo Gesmundo, General Secretary of Coldiretti. An occasion to announce together with food buyers and importers that the United States in 5 years may become the first market in the world for export of Made in Italy agri-food.
At the heart of the debate was a focus on the need to combat "Italian sounding" in favor of authentic, essential and distinctive values of the Italian food supply chain, such as quality, sustainability, and the link between tradition and innovation – values that Filiera Italia promotes every day.
A commitment that is being consolidated thanks to Filiera Italia and Coldiretti's partnership with Fiera Milano, with a commitment to always supporting Italian agri-food companies of excellence and ensuring their continued and increased competitiveness in international markets, especially at extremely important international trade fair events such as Tuttofood 2023, to be held next May in Milan, Italy.
ABOUT FILIERA ITALIA: Filiera Italia is the alliance that unites agriculture, which is represented by Coldiretti, Europe's largest agricultural organization, with the Italian food industry of excellence.
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SOURCE Filiera Italia | https://finance.yahoo.com/news/filiera-italia-coldiretti-inaugurate-authentic-223300871.html | 2022-06-13T22:58:35Z | https://finance.yahoo.com/news/filiera-italia-coldiretti-inaugurate-authentic-223300871.html | false | 14 |
FORT COLLINS, Colo. — A former librarian is accused of using her work credit card to buy designer shoes, clothing, electronics, furniture and more – with purchases totaling almost $110,500, police said.
Johanna Ulloa Giron was the outreach services manager for the Poudre River Public Library District until her resignation in March 2021, after staff first confronted her about making personal purchases on her work credit card, Fort Collins Police Services said in a news release.
Staff initially identified $9,981 in personal purchases. A subsequent investigation found that Ulloa Giron made 1,267 unauthorized purchases between 2016 and 2020 that totaled $110,464.59, police said.
Her purchases included designer shoes, women's clothing, cosmetics, personal electronics, vacation-related expenses, home goods, furniture and toys that were shipped to her house, police said.
In addition, library staff and police found that several of her receipts were intentionally altered to change details. They also found that Ulloa Giron assigned expenses to nonexistent programs or to programs that had no use for the items purchased, according to the release.
Ulloa Giron was booked into the Larimer County jail on Saturday on suspicion of:
- Theft
- Unauthorized use of a financial transaction device
- Cybercrime
- Second-degree forgery
She was issued a $50,000 cash/surety bond by the court, police said.
She is next scheduled to appear in court on June 16, according to court records.
“Our human resources team uncovered significant violations of library policy, and they took immediate action to ensure accountability,” said Diane Lapierre, executive director of the Poudre River Public Library District. “Libraries are a cornerstone of the community and a lifeline to information, education, and enjoyment for people of all ages and life circumstances. We remain committed to serving this mission and to improving the social, economic, educational, and cultural vitality of the people that we serve.”
SUGGESTED VIDEOS: Latest from 9NEWS | https://www.9news.com/article/news/crime/colorado-librarian-theft-work-credit-card/73-5ad4240a-ee3b-4835-a3df-26305613c138 | 2022-06-13T23:03:47Z | https://www.9news.com/article/news/crime/colorado-librarian-theft-work-credit-card/73-5ad4240a-ee3b-4835-a3df-26305613c138 | false | 2 |
Michigan communities prepare for heat wave
Cites opening cooling centers this week
JACKSON, Mich. (WILX) - While meteorologists are forecasting record-high temperatures for this week, many cities are making sure they are ready to help their communities stay safe.
Jackson is offering the MLK Recreation Center as a cooling center for people who need a break from the heat.
“If you live in a house that doesn’t have air conditioning, things are really sweltering in your area, you can come and chill out,” said Aaron Dimick, Jackson’s spokesman.
The focus is on cooling centers because strong storms expected Monday night could knock out power.
“We know there’s a possibility of high winds, and that is really the biggest threat to the electric grid. When we get those high winds, you can see trees, limbs, and branches come down on those power lines,” said Brian Wheeler, Consumers Energy spokesman.
Wheeler said Consumers has 300 crews between Grand Rapids and Detroit to quickly restore power if that happens.
Lansing Board of Water & Light said it also has crews on standby.
Outside of the storm, both utilities are confident the grid can handle the extra demand from air conditioners, especially if people help.
“If you can move your energy usage. Not reduce it, but move it to different times of the day. That is really good for the entire power grid. We don’t have to build new power plants to serve those few peak summer afternoons,” said Wheeler.
Dimick said the plan is to have the MLK cooling center open during normal hours, 9 a.m. - 5 p.m. Monday through Friday, but that could change if city leaders see there is a need outside of that time.
He said the city knows not everyone has a/c in their home, hoping people will take advantage of the cooling center.
“We want to make sure no one feels like they have to suffer through this. We want to see what we can to help the community,” said Dimick.
The Boos Center won’t be open because of construction.
Lansing and East Lansing are also opening cooling locations.
Next:
- Oakland County man arrested, alligator recovered following police pursuit, collision
- Meridian Township outlines voter information ahead of August primary
- Power outage in Jackson part of planned maintenance
Copyright 2022 WILX. All rights reserved.
Subscribe to our News 10 newsletter and receive the latest local news and weather straight to your email every morning. | https://www.wilx.com/2022/06/13/michigan-communities-prepare-heat-wave/ | 2022-06-13T23:04:18Z | https://www.wilx.com/2022/06/13/michigan-communities-prepare-heat-wave/ | false | 1 |
BETHESDA, Md., June 13, 2022 /PRNewswire/ -- The Clark Construction team delivering the P-114 Medical Center Addition and Alteration at Walter Reed National Military Medical Center in Bethesda, Maryland reached a significant milestone with the completion of structural concrete on the medical campus's new 575,000-square-foot healthcare facility (Building C).
Members of the Clark team joined representatives from the Naval Facilities Engineering Systems Command (NAVFAC), the Defense Health Agency (DHA), Medical Facilities Program Office (MFPO), Walter Reed National Military Medical Center Command (WRNMMC), and the project's craftworkers on Friday to commemorate the milestone with a topping out celebration. Over the last year, crews have poured 35,276 cubic yards of concrete to bring Building C to full height.
The P-114 Medical Center Addition and Alteration project is being completed in phases to allow the hospital to remain fully operational during construction. Phase 1 started in the first quarter of 2020 with interior demolition and once complete will consist of 47,000 square feet of medical office space accompanied with 4 new MRI rooms. Then, in May 2020, the Clark team demolished three buildings to make way for the new 575,000-square-foot healthcare building.
Phase 2 is scheduled to start in the third quarter of 2024 with two additional buildings being demolished to make space for 38,000 square feet of medical office space, an auditorium that can seat 318 people, as well as a chapel large enough to seat 104 people.
The project is slated to complete in spring 2027.
For more than a century, Clark Construction Group has been transforming the ideas and visions of its clients into world-class projects that make the United States a stronger, safer place. As one of the nation's largest asset creators, Clark has offices strategically located across the country to serve the needs of its clients. For more information, visit www.clarkconstruction.com.
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BERLIN (AP) — A report released Monday found that at least 196 clerics in the German Catholic diocese of Muenster sexually abused minors between 1945 and 2020, adding to findings from other dioceses that have shaken the church in the country.
The study, commissioned by the diocese in western Germany and carried out over 2½ years by a team from the University of Muenster, pointed to a “massive leadership failure” during the tenures of the diocese’s bishops between 1947 and 2008, with officials covering up scandals or making only superficial interventions, according to a statement from the university summarizing the findings.
“The bishops and other officials in the diocesan leadership were in some cases extensively in the know” about the abuse, co-author Thomas Grossboelting said.
The 196 allegedly abusive clerics account for about 4% of all priests in the diocese between 1945 and 2020. About 5% of those were “serial” abusers, responsible for more than 10 acts each, the authors found. They said there were at least 610 victims, but the real figure is likely eight to 10 times higher.
Most of the priests suspected of abuse were merely moved rather than having their pastoral duties curtailed, the study found.
The researchers said they were granted unhindered access to church files and spoke with numerous victims.
Muenster Bishop Felix Genn, who said he hasn’t yet seen the study and plans to respond on Friday, apologized in a statement to victims of abuse and of cover-ups by church officials. But he acknowledged that an apology “is not enough” and vowed “further consequences” in dealing with abuse.
In 2018, a church-commissioned report concluded that at least 3,677 people were abused by clergy in Germany between 1946 and 2014. More than half of the victims were 13 or younger, and nearly a third served as altar boys.
The study in Muenster is one of several since then that have delved into decades of abuse in individual dioceses, their findings adding to pressure for church reform.
In January, a report commissioned by the Munich archdiocese faulted the handling of abuse cases there by a string of church officials past and present — including retired Pope Benedict XVI, who as Cardinal Joseph Ratzinger was archbishop of Munich and Freising from 1977 to 1982.
On Monday, the diocese of Essen said that a priest who had been convicted of abusing dozens of children in the 1970s and 1980s has been removed from the clergy. The man, who was only identified by the initial “H,” was denied permission to practice as a priest in 2010. | https://www.wjbf.com/news/u-s-world-news/ap-international/report-finds-196-clerics-abused-minors-in-german-diocese/ | 2022-06-13T23:16:50Z | https://www.wjbf.com/news/u-s-world-news/ap-international/report-finds-196-clerics-abused-minors-in-german-diocese/ | false | 33 |
Day after day, Russia is pounding the Donbas region of Ukraine with relentless artillery and air raids, making slow but steady progress to seize the industrial heartland of its neighbor.
With the conflict now in its fourth month, it’s a high-stakes campaign that could dictate the course of the entire war.
If Russia prevails in the battle of Donbas, it will mean that Ukraine loses not only land but perhaps the bulk of its most capable military forces, opening the way for Moscow to grab more territory and dictate its terms to Kyiv. A Russian failure could lay the grounds for a Ukrainian counteroffensive — and possibly lead to political upheaval for the Kremlin.
Following botched early attempts in the invasion to capture Kyiv and the second-largest city of Kharkiv without proper planning and coordination, Russia turned its attention to the Donbas, a region of mines and factories where Moscow-backed separatists have been fighting Ukrainian forces since 2014.
Learning from its earlier missteps, Russia is treading more carefully there, relying on longer-range bombardments to soften Ukrainian defenses.
It seems to be working: The better-equipped Russian forces have made gains in both the Luhansk and Donetsk regions that make up the Donbas, controlling over 95% of the former and about half of the latter.
Ukraine is losing between 100 and 200 soldiers a day, presidential adviser Mykhailo Podolyak told the BBC, as Russia has “thrown pretty much everything non-nuclear at the front.”
Ukrainian Defense Minister Oleksii Reznikov described the combat situation as “extremely difficult,” using a reference to an ancient deity of sacrifice by saying: “The Russian Moloch has plenty of means to devour human lives to satisfy its imperial ego.”
When the war was going badly for Russia, many thought President Vladimir Putin might claim victory after some gains in Donbas and then exit a conflict that has seriously bruised the economy and stretched its resources. But the Kremlin has made clear it expects Ukraine to recognize all the gains Russia has made — including its 2014 annexation of the Crimean Peninsula — something Kyiv has ruled out.
Russian forces control the entire Sea of Azov coast, including the strategic port of Mariupol, the entire Kherson region — a key gateway to Crimea — and a large chunk of the Zaporizhzhia region that could aid a further push deeper into Ukraine. Few expect that Putin will stop.
On Thursday, he drew parallels between the war in Ukraine and the 18th-century wars with Sweden waged by Peter the Great “to take back and consolidate” historic Russian lands, Putin said. Moscow has long regarded Ukraine as part of its sphere of influence.
Unlike earlier battlefield failures, Russia appears to be using more conservative tactics now. Many had expected it to try to encircle Ukrainian forces with a massive pincer movement, but instead it has used smaller moves to force a Ukrainian retreat and not overextend its supply lines.
Keir Giles, a Russia expert at London’s Chatham House think-tank, said Russia was “concentrating all of its artillery on a single section of the front line in order to grind its way forward by flattening everything in its path.”
Russian forces shelled residential blocks, a hotel and a medical facility late Sunday in the Ukrainian town of Bakhmut. Firefighters extinguished blazes from the shelling, which injured three people.
Western officials still praise the ability of Ukrainian forces to defend their country, fighting back fiercely, relying on artillery and retreating in some sections while launching frequent counterattacks.
“Ukraine has been pursuing a policy of flexible defense, giving ground where it makes sense to do so instead of holding on to every inch of the territory,” Giles said.
A senior Western official who spoke on condition of anonymity because he wasn’t authorized to discuss the sensitive issue in public said the Russian campaign “continues to be deeply troubled at all levels,” noting that Moscow’s forces are taking “weeks to achieve even modest tactical goals such as taking individual villages.”
Last month, the Russians lost nearly an entire battalion in a botched attempt to cross the Siverskyi Donets River and set up a bridgehead. Hundreds were killed and dozens of armored vehicles were destroyed.
“There is a sense of strategic improvisation or muddling through,” the official said.
Russia has a clear edge in artillery in the battle for Donbas, thanks to a bigger number of heavy howitzers and rocket launchers and abundant ammunition. The Ukrainians have had to be economical in using their artillery, with the Russians constantly targeting their supply lines.
Ukraine has begun to receive more heavy weapons from Western allies, who have provided dozens of howitzers and are now planning to start delivering multiple rocket launchers.
Putin has warned that if the West gives Kyiv longer-range rockets that could hit Russian territory, Moscow could hit targets in Ukraine that it has spared until now. Foreign Minister Sergey Lavrov also said that Russia could respond by seizing more land as a buffer zone.
Moscow’s earlier territorial gains in the south, including the Kherson region and a large part of the neighboring Zaporizhzhia region, have prompted Russian officials and their local appointees to move toward folding those areas into Russia or declaring them to be independent, like the so-called “people’s republics” of Donetsk and Luhansk.
Ukrainian officials and Western analysts voiced concern that Moscow could try to press its offensive into the heavily populated and industrialized Dnipro region farther north, an advance that could potentially slice Ukraine in two and raise a new threat for Kyiv.
“Russian objectives in the context of this war are shifting in relation to the situation on the ground,” said Eleonora Tafuro Ambrosetti, an analyst with the Milan-based Italian Institute for International Political Studies. She noted that Russia could try to damage Ukraine’s economy further by seizing its entire coastline to deny access to shipping.
A top Russian general already has spoken of plans to cut off Ukraine from the Black Sea by seizing the Mykolaiv and Odesa regions all the way to the border with Romania, a move that would also allow Moscow to build a land corridor to Moldova’s separatist region of Transnistria that hosts a Russian military base.
Such ambitions all hinge on Moscow’s success in the east. A defeat in the Donbas would put Kyiv in a precarious position, with new recruits lacking the skills of battle-hardened soldiers now fighting in the east and supplies of Western weapons insufficient to fend off a potentially deeper Russian push.
Ukrainian officials brushed off such fears, voicing confidence that its military can hold out to stem the Russian advances and even launch a counterattack.
“Ukraine’s plan is clear: Kyiv is wearing the Russian army out, trying to win time for more deliveries of Western weapons, including air defense systems, in the hope of launching an efficient counteroffensive,” said analyst Mykola Sunhurovsky of the Razumkov Center, a Kyiv-based think tank.
Philip Breedlove, a retired U.S. Air Force general who was NATO’s top commander from 2013 to 2016, warned against any cease-fire, saying that would only codify Russia’s battlefield gains.
“This is like raising a 2-year-old,” he said. “If you allow bad behavior to stand, or worse if you reward bad behavior, you’re going to get more bad behavior.”
When Russia invaded Georgia in 2008, Washington’s response was inadequate, and so was its response when Moscow seized Crimea in 2014, he said.
Now that Russia has come back for more, the West gets another chance to respond.
“How we finish this war will decide, in my opinion, whether we are going to see more of this in the future,” he added.
___
Associated Press writers Lolita C. Baldor in Washington, Yuras Karmanau in Lviv, Ukraine, Jill Lawless and Sylvia Hui in London and Frances D’Emilio in Rome contributed.
___
Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine | https://www.wjbf.com/news/u-s-world-news/ap-international/the-battle-of-donbas-could-prove-decisive-in-ukraine-war/ | 2022-06-13T23:17:16Z | https://www.wjbf.com/news/u-s-world-news/ap-international/the-battle-of-donbas-could-prove-decisive-in-ukraine-war/ | true | 51 |
Glastonbury: 50 Years & Counting BBC documentary review - Half a century of music, mayhem and Michael Eavis
There have been a few near-end moments for Glastonbury: There was that time in 1990 when 150 riot police had to be called in to help a security team deal with drug dealing travellers; the time in 1971 when Arabella Churchill brought a posh posse up from London and founder Michael Eavis found the drugs a bit too much, and there was that time right back at the beginning when Eavis’ bank manager told him it would be best to abandon his new project.
There have been some edgy junctures too, such as the absolute mud-fest in 1997, overly packed crowds in 2000 that led to a super fence being put up around the festival, and some lulls in the magic. But luckily, at every twist and turn, Michael Eavis ploughed on.
Now it’s been over 50 years since the festival was first held at his Worthy Farm in Pilton and the BBC is celebrating with a new documentary. Glastonbury: 50 Years & Counting has been directed by David Bowie Five Years trilogy creator Francis Whately. It has taken three years to make, which is somewhat understandable – Whately has had a tough job to do.
The final cut runs at an exhausting one hour and forty minutes, but even then it doesn’t cover all the major moments from 1970 up to Stormzy’s 2019 headlining act – how could it? Instead, Whately interlaces swathes of political history (e.g. the CND and Margaret Thatcher), with music trends (such as rave music becoming an element of the festival and the shift represented by clever Emily Eavis programming Jay-Z as a headliner) and Glastonbury’s creative and artistic history (one time they made a Stonehenge out of cars; another time they opened a gay dance club).
Whately strings it all together with interviews with the likes of Thom Yorke, Florence Welch, Orbital, Dua Lipa, The Levellers, Aswad and Fatboy Slim, but it’s insight from the Eavises that invigorates the documentary. After all, most Brits who are interested in music are loosely aware of the history of the festival and have seen archival footage of artists like Sinead O’Connor, Massive Attack or Beyonce before.
It’s the core father-daughter relationship, then, plus Michael’s astonishingly understated approach to building one of the world’s most famous festivals on his Somerset dairy farm (“That didn’t go down at all well,” he says, about the 150 riot police incident) that makes Glastonbury’s history so compelling.
It seems that it all started because Eavis liked the look of the hippies he saw at The Bath Festival of Blues & Progressive Music in June 1970 – “Hippies all turned up with their fantastic clothes and lovely hair. I kind of felt, I liked it – you know what I mean?” he says. He was then motivated to set up his own and get The Kinks to play (they agreed but later pulled out. They eventually played in 1993).
As the festival grows in size and stature we’re treated to footage of numerous iconic moments, including the introduction of dance acts such as Orbital, Jay Z’s controversial appearance (controversial only because some people complained that a hip hop artist shouldn’t be headlining Glastonbury - naturally he absolutely smashed it and made them all look very silly indeed) and the moment when Stormzy, standing under the spotlight on the main stage, recited the names of the grime artists he felt had paved the way for him.
Little by little Glastonbury has organically morphed into the beast it is today, but its ethical core – propped up by Eavis’s Methodist principles – has helped it to withstand the major strains placed on hosting any event, especially one as large as Glastonbury.
Whately also manages to walk the tricky line between veneration and naval gazing. Nothing would be more boring than watching almost two hours of pop and rock stars saying how cool it was to play at Glastonbury, nor would it work to get too spiritual about the festival’s unique atmosphere.
After all, we all know that there’s no place like Glasto: as well as the effusive accounts of friends and family who’ve been, the testimonies of musicians and the fact that every year the headlining act causes serious international debate, the numbers don’t lie: every year close to 2.5 million people register for approximately 140,000 available tickets which tend to sell out in under half an hour.
That’s why all roads lead back to the Eavis duo. Michael, who is now 86, and Emily’s instinctive understanding of music trends and the British psyche, make all the fun, the crazy, the shocking, the ups and the downs, truly remarkable. And it’s great fun to watch it all play out.
Glastonbury: 50 Years & Counting will be on BBC Two on Sunday June 19 at 9pm, then available on BBC iPlayer | https://ca.sports.yahoo.com/news/glastonbury-50-years-counting-bbc-230100110.html?src=rss | 2022-06-13T23:20:05Z | https://ca.sports.yahoo.com/news/glastonbury-50-years-counting-bbc-230100110.html?src=rss | true | 1 |
The tiny Texas town of Uvalde is getting a huge helping hand from the federal government.
The Department of Education announced a one-and-a-half million dollar grant to the town’s school system to help recover from last month’s mass shooting. Nineteen students and two teachers were killed at Robb Elementary.
The grant will fund mental health services as well as overtime pay for teachers and security staff. | https://www.kurv.com/federal-funds-flow-to-texas-town-following-school-shooting/?utm_source=rss&utm_medium=rss&utm_campaign=federal-funds-flow-to-texas-town-following-school-shooting | 2022-06-13T23:20:44Z | https://www.kurv.com/federal-funds-flow-to-texas-town-following-school-shooting/?utm_source=rss&utm_medium=rss&utm_campaign=federal-funds-flow-to-texas-town-following-school-shooting | false | null |
1st Infantry Division Soldiers competed in the 1ID Best Squad Competition at Fort Riley, Kansas, June 1-3, 2022. The Best Squad Competition and Best Warrior Competition is a single event used to select the U.S. Army Best Squad of the Year, Noncommissioned Officer of the Year and Soldier of the Year.
This work, 1st Infantry Division Best Squad, by SPC Catherine Bravo, identified by DVIDS, must comply with the restrictions shown on https://www.dvidshub.net/about/copyright. | https://www.dvidshub.net/video/846966/1st-infantry-division-best-squad | 2022-06-13T23:40:26Z | https://www.dvidshub.net/video/846966/1st-infantry-division-best-squad | true | null |
The Vincent Price Museum in East L.A. features a major exhibition of Latinx artists using sound in their work, from demolishing a piano to dedicating musical oldies to incarcerated loved ones.
Copyright 2022 NPR
The Vincent Price Museum in East L.A. features a major exhibition of Latinx artists using sound in their work, from demolishing a piano to dedicating musical oldies to incarcerated loved ones.
Copyright 2022 NPR | https://www.hawaiipublicradio.org/2022-05-19/spoken-word-and-sonic-rituals-east-la-exhibit-features-latinx-artists-using-sound | 2022-06-13T23:41:45Z | https://www.hawaiipublicradio.org/2022-05-19/spoken-word-and-sonic-rituals-east-la-exhibit-features-latinx-artists-using-sound | true | null |
NEW YORK, June 13, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CareDx, Inc. (“CareDx” or the “Company”) (NASDAQ: CDNA). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether CareDx and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
[Click here for information about joining the class action]
On October 28, 2021, CareDx filed its quarterly report for the third quarter of 2021 on Form 10-Q with the U.S. Securities and Exchange Commission (“SEC”). In the quarterly report, CareDx revealed for the first time that CareDx was the subject of at least three government investigations, reporting that: (1) the Company had “recently received” a civil investigative demand (“CID”) from the U.S. Department of Justice (“DOJ”) requesting the Company produce documents in connection with a DOJ False Claims Act investigation; (2) the Company received a subpoena from the SEC in relation to an investigation by the SEC “in respect to matters similar to those identified in the CID, as well as certain of our accounting and public reporting practices”; and (3) the Company received an information request from an unnamed state regulatory agency. On this news, CareDx’s stock price fell $19.34 per share, or more than 27%, to close at $51.00 per share on October 29, 2021.
Then, on April 15, 2022, CareDx’s former Head of Community Nephrology, Dr. Michael Olymbios, filed a complaint in California Superior Court that provided extensive detail about misconduct by the Company and its top officers, including improper bundling of expensive testing services. Following the filing of the complaint, CareDx’s stock price fell $2.86 per share, or roughly 8%, to close at $32.55 per share on April 18, 2022.
Finally, on May 5, 2022, CareDx announced the Company’s results for the first quarter of 2022. Among other items, CareDx reported testing service revenue that fell well short of analysts’ expectations and yet another decline in average sales prices for its testing services in which the Company’s average price declined by approximately 4.9% versus the last quarter of 2021, or what one analyst described as “another big deterioration in price.” On this news, CareDx’s stock price fell $5.97 per share, or 18.5%, to close at $25.87 per share on May 6, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980 | https://www.globenewswire.com/news-release/2022/06/13/2461684/1087/en/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-CareDx-Inc-CDNA.html | 2022-06-13T23:45:56Z | https://www.globenewswire.com/news-release/2022/06/13/2461684/1087/en/SHAREHOLDER-ALERT-Pomerantz-Law-Firm-Investigates-Claims-On-Behalf-of-Investors-of-CareDx-Inc-CDNA.html | true | 70 |
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ANAHEIM, California (AP) — The newly elected leaders of a top Southern Baptist Convention committee had all supported a more transparent investigation into allegations the denomination mishandled sex abuse reports and mistreated survivors. They defeated candidates who had opposed that move.
Members of the Executive Committee picked Texas pastor Jared Wellman as chair, South Carolina pastor David Sons as vice chair and Pamela Reed, a retired nurse from North Carolina, as secretary during a meeting Monday in Anaheim.
All three winners supported waiving the top administrative body’s attorney-client privilege for the outside investigation by independent firm, Guidepost Solutions. Their challengers — Indiana pastor Andrew Hunt, Louisiana minister Philip Robertson and Missouri pastor Monte Shinkle — opposed it.
Last year, the Executive Committee was embroiled in a heated debate about the issue, disagreeing over whether to allow investigators access to memos between lawyers and committee staff members. Ultimately those who supported granting the access prevailed in October.
It remains to be seen if their victory Monday foretells what is ahead for the SBC, the largest Protestant denomination in the United States. It is holding its annual meeting Tuesday and Wednesday in Anaheim, where more than 8,000 local church delegates — known as messengers — are expected to elect a new president and decide whether to enact sex abuse reforms.
A blistering 288-page report by Guidepost, released May 22 after a seven-month investigation, detailed how Executive Committee members and staff had mishandled abuse cases, stonewalled numerous survivors and prioritized protecting the SBC from liability.
The Executive Committee’s election of new officers appeared to signal a willingness to follow through on the Guidepost investigation.
The committee’s new chairperson, Wellman, who was elected with nearly two-thirds of a vote, had been a part of last year's push, enabling Guidepost to do a more robust investigation — a move that proved to be crucial to the outside firm's work.
Both Wellman and Sons said during a Monday news conference that they were reluctant to interpret what their election means for SBC’s future. Both agreed that waiving attorney-client privilege was a key moment for the committee and the SBC.
“The information we’ve learned (because of the waiver) has been eye-opening to many,” Wellman said.
Sons said he supported waiving attorney-client privilege because he “wanted to do what was right and carry out the will of the messengers.”
The Guidepost report revealed that committee staff had for years secretly maintained a database of accused church staff members, despite claiming publicly that maintaining such a list would violate churches’ right to self-governance. The committee subsequently made the list public.
Two of the three candidates defeated in Monday’s elections — Robertson and Shinkle — were state chapter leaders of the Conservative Baptist Network, a group seeking to pull the conservative denomination even further to the right.
But the Executive Committee’s votes aren’t necessarily a signal for how the overall annual meeting of church representatives will vote.
The Conservative Baptist Network has mobilized behind assertions that the SBC is drifting left on matters such as theology and racial ideology — claims that are in dispute across the convention. The CBN has endorsed Florida pastor Tom Ascol in an election for SBC president that will also feature Texas pastor Bart Barber.
During Monday’s meeting, Willie McLaurin, the Executive Committee’s interim president and CEO, said “there is no network of churches without their share of challenges.”
“Challenges are opportunities for God to move us from our comfort zone to our creativity zone,” he said, stressing the need for the denomination to unify and find solutions.
SBC president Ed Litton, whose successor will be chosen this week, said he believes the denomination will move in the right direction.
“We can trust the people to ultimately do what is wise and right,” he said.
___
Smith reported from Pittsburgh.
___
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.greenwichtime.com/news/article/Southern-Baptists-who-backed-open-abuse-review-17239273.php | 2022-06-13T23:46:39Z | https://www.greenwichtime.com/news/article/Southern-Baptists-who-backed-open-abuse-review-17239273.php | false | 35 |
The use of her 1985 hit ”Running Up That Hill“ in the new season of the Netflix series has given the singer a pop culture boost that has its limits
If you have listened to nothing but “Running Up That Hill” since the fourth season of Netflix’s “Stranger Things” debuted, you’re just like tens of millions of other people. The 1985 song, which is featured in the fourth episode of the season, has surged to the top of Spotify’s charts since the season was released, has gone viral on TikTok and is making an entirely new generation of music lovers fall in love with British singer-songwriter Kate Bush.
It also doesn’t show any sign of slowing down, according to Parrot Analytics’ talent demand tool, which measures the demand for any notable talent in the arts, entertainment, sports, media and creator spaces via consumer research, streaming, downloads and social media, among other consumer engagement.
Demand for Bush was hovering at less than 20 times the average demand of all other talents in the United States before “Stranger Things” returned. That’s still notable, putting Bush in the “good” category, which 6.7% of all talent reach. After the series premiered, however, Bush jumped to nearly 70 times the average demand of all other talent in the U.S., putting her in the “exceptional” category, which only 0.2% of talent reaches. Since then, she’s hovered around 60 times the average demand, still in the “exceptional” position.
It’s an impressive feat, and just goes to show how vital TV series and TikTok play in brand longevity and fan awareness for singers in a highly competitive age. When comparing demand for Bush to Olivia Rodrigo, who recently won an MTV Movie Award for her “Drivers License” documentary on Disney+ and who also had songs go viral on TikTok, Bush is actually outperforming demand for Rodrigo as of last Wednesday.
Demand for Bush is also entirely in line with demand for the fourth season of “Stranger Things,” which saw exponential growth over the last few weeks. What’s most interesting is that demand peaks for “Stranger Things” perfectly match the demand peaks for Bush. This signifies that as people finish “Stranger Things,” or finally jump on board to watch the season after so many TikToks and memes, a small bump in demand resurgence also occurs for Bush.
In fact, Bush’s “Running Up That Hill” has kickstarted conversations on sites like Twitter, Reddit, Tumblr and others about the best uses of a song on a TV series. There are testimonies from fans of various TV shows and movies about finding their new favorite track via a TV show (for example, we vividly remember hearing Death Cab for Cutie for the first time on “The O.C”), and how “Stranger Things” led them to listen to other favorite songs that appeared in a piece of visual entertainment.
Naturally, however, what goes up must come down. Bush’s demand will likely drop off faster than “Stranger Things.” What the opportunity does provide for, however, is for Bush and her label to take advantage of the newfound fame and potentially rerelease an album, for example, or negotiate for her songs to be used in other projects or, even, a special of some kind of really capitalize on the massive surge in demand.
For all the beauty that “Running Up That Hill” added to the fourth season of “Stranger Things,” the show’s fame has also done something beautiful in return for Bush.
Parrot Analytics is the industry leader in global audience demand measurement. The company measures global supply and demand for entertainment, capturing over 2 billion audiences expressing demand for content and talent in over 100 languages, across all platforms, in 200+ countries. Parrot Analytics' partners use this knowledge to help better understand global supply and demand across all platforms to value content and talent, drive better production, distribution, acquisition and marketing decisions, as well as increase D2C growth and retention. For more information, see www.parrotanalytics.com. | https://www.thewrap.com/stranger-things-kate-bush-running-up-that-hill-demand/ | 2022-06-13T23:46:44Z | https://www.thewrap.com/stranger-things-kate-bush-running-up-that-hill-demand/ | true | 1 |
SINGAPORE/NEW YORK (Reuters) -Rising expectations that the Federal Reserve will this week raise interest rates by more than previously forecast unsettled investors on Monday, sending the S&P 500 tumbling to confirm a bear market and intensifying fears over the economic outlook.
The Fed meets on Wednesday following data last week showing that U.S. consumer prices rose at their fastest pace since 1981.
Citing a report on Monday in the Wall Street Journal, Goldman Sachs said it expects 75-basis-point increases in June and July, and then a 50-basis point hike in September.
Late on Monday, expectations for a 75 basis point hike at the June meeting jumped to 96% from 30% earlier in the day, according to CME's Fedwatch Tool.. A 75-basis-point hike would be the biggest since 1994.
"The May inflation data was so concerning that we think the Fed will react even more aggressively in moving rates 'expeditiously'," BNY Mellon strategist John Velis said on Monday. His note forecast a 75-basis-point hike, up from a 50 basis-point prediction.
Barclays and Jefferies have also forecast a 75-basis-point hike.
"U.S. CPI surprised to the upside and continues to show broad and persistent price pressures," Barclays analysts said in a Sunday note. "We think the Fed probably wants to surprise markets to re-establish its inflation-fighting credentials."
The S&P 500 on Monday ended down more than 20% from its most recent closing high, confirming it was in a bear market. A key part of the Treasury yield curve inverted on fears that big Fed hikes would tip the economy into recession, and yields of benchmark 10-year Treasuries hit their highest levels since 2011. [.N]
"The markets are not waiting for Wednesday's (Fed) meeting, they are going to front run them and that's what is already happening in the markets today," said Jim Paulsen, chief investment strategist at the Leuthold Group.
Other large investors on Wall Street said that while they do not see a 75-basis-point move as imminent, the probability of such a large rate hike in the next few months are rising.
Standard Chartered said that even a 100-basis point hike could not be precluded.
'INCESSION'
Markets reacted with a sell-off in short-dated Treasuries along with futures tied to the Fed policy rate. Yields on the two-year Treasury note are at their highest since late 2007. [US/]
Bets on the U.S. terminal rate - where the Fed funds rate may peak this cycle - continue to rise. On Monday, rates were priced to approach 4% in mid-2023, up almost one percentage point since end-May. Deutsche Bank said it now saw rates peaking at 4.125% in mid-2023.
In one sign of turmoil in the global fixed-income market, credit default swap indexes measuring the cost of insuring against European corporate bond defaults jumped on Monday to their highest since 2020.
U.S. corporate bonds were also pummelled over the economic outlook and companies' ability to repay their debt.
For Rabobank, the risk of "stagflation" - a period of weak growth and high inflation last seen in the 1970s - could give way to the threat of "incession", a combination of inflation and recession, it said in a research note on Sunday.
The shape of the Treasury yield curve inversion, rising high-yield credit spreads, and the underperformance of cyclical stock market sectors, indicated rising concerns on the economic outlook, said Oliver Allen, an economist at Capital Economics.
"One interpretation is that investors are veering towards a view that the Fed will need to induce a recession if it is to bring inflation back to target," he said in a note.
(Reporting by Tom Westbrook, Davide Barbuscia and David Randall; Additional reporting by Noel Randewich; Editing by Megan Davies, Tomasz Janowski and Lisa Shumaker) | https://gazette.com/news/us-world/signs-fed-could-get-aggressive-roil-investors-send-stocks-tumbling/article_ca75d803-c9a8-5404-a1a5-1a6ca55e0cc2.html | 2022-06-13T23:51:32Z | https://gazette.com/news/us-world/signs-fed-could-get-aggressive-roil-investors-send-stocks-tumbling/article_ca75d803-c9a8-5404-a1a5-1a6ca55e0cc2.html | false | 7 |
Jubilee celebrations for Sidmouth golfers amid some tight comps
- Credit: Sidmouth GC
The Devon Lady Captain’s Golf Society Spring Meeting was recently held at Teignmouth, a competition in which past Lady Captains from various clubs throughout Devon compete against one another.
Sidmouth Ladies did extremely well, with Marie Timms winning the Bronze Division with a great score of 40 points, just missing out by one point from the overall winner; and Penny Lyne won the Silver Division with 37 points.
Sidmouth Ladies held a fun Jubilee competition, with everyone dressed in patriotic red, white and blue. The competition was three clubs and a putter, and coming in first was Yvonne Anning with 38 points and in second place was Gerri Whitrow with 37 points.
However, in recognition of the Queen’s 70-year reign, the Captain presented a special prize of a commemorative glass to the best dressed lady of the day, which went to Sheila Skitteral.
In the Palairet Memorial Trophy, Sidmouth went down to a defeat against Exminster in a game played at Crediton.
Damien Gee / Neil Holland and Graham Davies / Dan Colson both won handsomely, but the other three Sidmouth teams suffered narrow defeats for an overall 3-2 loss.
Thank you to Deer Park Country House and Otter Vale Motor Services for their sponsorship and the stunning kit.
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Sidmouth Seniors entertained Ilfracombe, with Captain John White and his partner securing a good start by winning 2 & 1. The Sidmouth win was secured as David Hall achieved pars on the penultimate two holes.
Robert Reed appeared in his first match for Sidmouth, partnering Chris Grubb and it proved a successful debut with the pair winning 5 & 4. Mike Davis and Richard Seaver were 2 up after 9 holes and extended this to win by 4 & 2.
The success by Phil Spencer and Bruce Harcourt was equally steady finishing 2 up. Brian Rice and David Bromage halved their match for a comfortable Sidmouth overall win.
The winners of the Sidmouth Jewellers Stableford were Colston Herbert on 42, Tiku Patidar with 41 and Mark Thomas on 40. The Division 1 medal was won by Steve Milton and Paul Charlton won Division 2. | https://www.sidmouthherald.co.uk/sport/jubilee-celebrations-for-sidmouth-golfers-9024758 | 2022-06-13T23:52:40Z | https://www.sidmouthherald.co.uk/sport/jubilee-celebrations-for-sidmouth-golfers-9024758 | true | 1 |
WASHINGTON (AP) — The Navy has issued letters of censure to three Marine and two Navy officers in connection with the sinking of an amphibious assault vehicle off the Southern California coast in 2020 that killed eight Marines and a sailor.
Navy Secretary Carlos Del Toro, in a statement Monday, faulted the officers for “inadequate leadership and execution of their oversight duties.” Censure letters are put in service members' personnel files and are often career-ending for military officers, usually preventing them from further promotion or other progress.
A Marine Corps investigation found that inadequate training, shabby maintenance and poor judgment by leaders led to the July 30, 2020, sinking of the amphibious assault vehicle in one of the deadliest Marine training accidents in decades.
The vehicle — a kind of seafaring tank — had 16 people aboard when it sank rapidly in 385 feet (117 meters) of water off the coast of San Clemente Island. Seven Marines were rescued as the vessel was returning to a Navy ship on a training exercise.
Del Toro said Lt. Gen. Joseph Osterman, who was commander of the 1st Marine Expeditionary Force, failed to recognize and address the risks of the exercise, including training and safety failures. He said Osterman, who is now retired, also didn't recognize the impact of COVID-19 on the exercise, which forced commanders to adjust the timing and compress the schedule.
Del Toro said Col. Christopher Bronzi, who was serving as commander of the 15th Marine Expeditionary Unit, either knew or should have known that pre-deployment waterborne training was not finished and that the amphibious vehicles were “in a degraded state of readiness."
“The investigations revealed critical safety measures were not implemented during the mishap,” said Del Toro. “Accountability for these failures rests with you.”
In a letter of censure to Navy Capt. Stewart Bateshansky, Del Toro pointed to “gaps and seams” in the planning of the exercise. He said that while Bateshansky, who was commander of the amphibious task force for the exercise, reduced the complexity of the planned event, his instructions to subordinate commanders weren't clear about the ability to abort or delay the launch from the beach.
Navy Capt. John Kurtz, who was the commanding officer on the USS Somerset, was censured for failing to ensure the safe operation of the amphibious vehicles.
Del Toro said that while “the investigation did not establish that any of USS Somerset's actions or inactions caused the sinking,” he said that Kurtz' crew “was poorly informed of the risks and measures required” for safe operation of the amphibious vehicles.
He said Lt. Col. Keith Brenize, who was the commander of the 3rd Assault Amphibian Battalion, failed to ensure that the platoon was trained for the deployment and that the vehicles were operationally sound. “While no single decision or act led to this mishap, your decisions and acts set the conditions for this mishap to occur,” Del Toro said.
Eric Dubin, lawyer for the families of seven of the troops killed, said in a statement that his clients were glad to see the military taking action against the leadership involved.
“We are pleased the military continues to investigate this deadly tragedy and find accountability and answers,” Dubin said in a statement. But he said the families will not be compensated because of a legal theory known as the Feres doctrine, which dictates that troops cannot sue the federal government for injuries sustained while serving in the military, with the exception of medical malpractice cases.
The Marines use the amphibious vehicles to transport troops and their equipment from Navy ships to land. The armored vehicles outfitted with machine guns and grenade launchers look like tanks as they roll ashore for beach attacks, with Marines pouring out of them to take up positions.
____
Associated Press writer Julie Watson in San Diego contributed to this report. | https://www.chron.com/news/article/Navy-censures-5-in-deadly-sinking-of-amphibious-17239287.php | 2022-06-13T23:55:26Z | https://www.chron.com/news/article/Navy-censures-5-in-deadly-sinking-of-amphibious-17239287.php | true | 45 |
Lamar Jackson back with Baltimore Ravens for first time this offseason
Posted/updated on: June 13, 2022 at 6:00 pmBy Jamison Hensley
OWINGS MILLS, Md. — Lamar Jackson is back with the Baltimore Ravens for the first time this offseason.
Jackson reported to take his physical Monday, a source confirmed, and was at the Ravens’ facility, the team tweeted out Monday. This comes a day before the team’s three-day mandatory minicamp. Jackson had missed all three weeks of voluntary organized team activities for the first time in his five-year NFL career.
The last time Jackson was on the field for the Ravens was back in December, when he limped badly through practice. He missed the last four games of last season with a right ankle injury.
The 2019 NFL MVP told teammates last month that he would return to the Ravens “soon,” and coach John Harbaugh said last week that he expected Jackson to participate in the mandatory minicamp. Jackson has conducted private throwing sessions this spring in Florida and California with wide receivers Rashod Bateman and James Proche, as well as throwing coach Adam Dedeaux.
When Jackson takes the field, he’ll throw to one of the youngest wide receiver groups in the NFL. None of the 12 wide receivers on the roster are older than 25, and none have played more than two seasons in the league.
Jackson, 25, is entering the season on his fifth-year option, which will pay him $23.016 million this season. If the sides are unable to reach an extension by February, Baltimore is expected to place the franchise tag on him.
Ravens officials have repeatedly said they have tried to start contract negotiations with Jackson, who is among the few NFL players not represented by an agent. But Ravens general manager Eric DeCosta said Jackson hasn’t been interested in engaging in contract talks and the team will work “at Lamar’s urgency.”
Jackson is coming off his most challenging season in the NFL, finishing with a career-high 13 interceptions while getting sacked a career-worst 38 times. He missed five games, including the final four, as the Ravens missed the playoffs for the first time since he became their starting quarterback. | https://ktbb.com/post/?p=1135056 | 2022-06-13T23:55:46Z | https://ktbb.com/post/?p=1135056 | false | 1 |
Ghana Music Top 10 Countdown
2022 Week 23: Ghana Music Top 10 Countdown
THANK YOU for constantly reading stories on Ghana Music. Kindly like, follow, comment and SHARE stories on all social media platforms for more entertaining updates! Do you have content that you want featured on Ghana Music? Reach out to us via Email at info@ghanamusic.com or on WhatsApp on 055 979 9767. | https://www.ghanamusic.com/charts/top-10-countdown/2022/06/13/2022-week-23-ghana-music-top-10-countdown/ | 2022-06-14T00:00:15Z | https://www.ghanamusic.com/charts/top-10-countdown/2022/06/13/2022-week-23-ghana-music-top-10-countdown/ | true | null |
Gusty winds bring cooler temperatures
A trough of low pressure is bringing gusty winds to the mountain and the desert areas. A Wind Advisory has been issued through 10 p.m. tonight.
These winds will bring cooler temperatures after last week’s heat wave. Prepare for windy and dusty conditions with peak winds between 45 and 55 MPH in wind-prone areas. Air quality may be reduced due to these conditions.
Temperatures are set to increase later this week due to the high pressure. The high for this week will be on Thursday near110 degrees. | https://kesq.com/news/2022/06/13/gusty-winds-bring-cooler-temperatures/ | 2022-06-14T00:01:37Z | https://kesq.com/news/2022/06/13/gusty-winds-bring-cooler-temperatures/ | false | null |
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Man Arrested After Allegedly Trying to Burn Down Satanic Temple in Salem
A man attempted to burn down the Satanic Temple in Salem, Mass., Friday (June 10).
Footage captured at the scene was shared in a viral TikTok and shows the man, who can be seen wearing a shirt with the word "God" on the front of it, spreading what appears to be fire accelerant on the porch of the temple.
Watch below:
The arson was short-lived, however. Police were able to catch the man at the scene of the attempted crime.
"They tackled him right over there," a neighbor can be heard saying in the video.
The arson was first posted about by Lucien Greaves, co-founder of the Satanic Temple, on Twitter.
"This holy crusader in a 'GOD' [T-shirt] just dumped an accelerant on The Satanic Temple headquarters and lit it on fire," he wrote.
According to the Boston Globe, the man, identified as Daniel Lucey, is currently facing charges of arson, interfering with civil rights and vandalism to a place of worship.
"The fire did not breach into the house. It remains to be determined how much of the area around the front of the house, and how much of the front porch will need to be replaced due to damage. The outpouring of support has been truly moving. Thank you, everybody," Greaves shared in another tweet.
Of the damage, Greaves said there was not "an insignificant amount of damage. It went up fast. I think he used gasoline."
He also posted a photo of the flames emerging from the house, taken by a neighbor.
The TikTok posted by @salemwitchwiles garnered many comments from viewers.
"No hate like Christian love," one user commented.
"That's not very Love Thy Neighbor of them," another user quipped.
"First the statue and now this?!" another wrote, referencing the iconic statue of Samantha from Bewitched located in the heart of Salem.
The statue was recently vandalized with red paint just days before the Satanic Temple was set on fire.
The statue commemorates the 1960s sitcom Bewitched — a fitting choice for witchy Salem. The seventh season of the beloved show was even filmed there.
The man responsible for the paint incident was arrested and charged with disorderly conduct, resisting arrest and vandalism, according to CNN. | https://wibx950.com/man-arrested-burn-satanic-temple-salem/ | 2022-06-14T00:06:30Z | https://wibx950.com/man-arrested-burn-satanic-temple-salem/ | false | 3 |
Submit your letter to the editor via this form. Read more Letters to the Editor.
Oakland must focus
on homeless solutions
Bay Area leaders are deeply unserious about homelessness and find every reason to stall proposals while people languish on the streets: The site is too far from transit, the site is too near a single-family neighborhood, or the site is too near industry. We hear it all.
While city leaders and administrators debate and deflect people suffer. Oakland must focus on smaller-scale solutions like purchasing hotels or existing units in every council district concurrently with an undertaking of this size. The cost of any project that seriously addresses homelessness will be enormous, but the cost of human suffering on our streets is unacceptable and is a psychic toll on all Oaklanders, unhoused and housed alike.
I would gladly pay an annual fee that is earmarked for housing and direct rental assistance if it meant my neighbors experiencing precarity kept their housing and my unhoused neighbors got housed.
Emily Carroll
Oakland
Oakland continues
to soak property owners
I own 41 apartment units in Oakland. Five years ago my garbage cost went from $12,000 a year to $25,000 a year. Oakland got a $25 million “contract fee” at the time from Waste Management.
Last month the Oakland City Council was granted a 6.3% increase in pay, but the 6.7% increase in CPI for rent to cover my rising costs was capped at 3%.
Over and over Oakland says property owners hold the money bag and grabbing that is just fine.
David Kirk
Orinda
Data doesn’t support
return of mask mandate
Re. “Indoor mask mandate returns,” Page A1, June 3:
Alameda County Health Department ordered a COVID indoor mask requirement effective June 3.
I checked statistics to ascertain the reason for this decision. After reviewing the health department’s COVID numbers, I find their ruling to be baffling. Eighty-two percent of Alameda’s 1.6 million population are fully vaccinated. No question, citizens acted responsibly in curtailing the spread of the virus. As of June 6, there were 566 new confirmed COVID cases. Of these, 119 patients were hospitalized and 14 total were admitted to I.C.U. No COVID-related deaths since May 27 and only one on that date.
How can 119 hospitalizations from a total of 1.6 million Alameda County residents justify ordering a return to the indoor mask mandate?
Robert Vergas
Oakland
Thiessen column relies
on discredited book
Re. “Things bad under Biden? Get ready for blackouts,” Page A7, June 9:
Less discerning readers might be swayed by Marc Thiessen’s article that places blame for every bad thing that happens in the United States at Biden’s feet. But, as usual, Thiessen’s article is full of lies and distortions. Frankly, it is amazing that he claims to be a journalist. Usually, such a moniker conveys some relationship to truth.
There’s insufficient space here to detail the errors in Steven E. Koonin’s book on climate change. Every claim that Thiessen cites from Koonin’s book has been shown to be wrong. For a correct interpretation, read Scientific American’s online review of the book here.
Thiessen can’t be trusted. Sadly, many readers will be fooled. I rarely agree with conservative writers, but some at least try to address reality. The East Bay Times would do its readers a service by printing conservative writers who do research and rely on facts and science. The Times can do better than printing this unethical hack.
Jim Boots
Danville
Defense Production Act
could help Europe allies
Our European allies, especially Germans and Italians, will suffer terribly this winter without having Russian fuel to heat their homes and workplaces.
Here’s an idea put forward by Bill McKibben of 350.org. Ask President Biden to invoke the Defense Production Act to engage America’s vast manufacturing capacity to make electric heat pumps to sell to Europe.
Doing so would boost American industry, generate American jobs and reduce Russian income. Sounds like a win-win for all.
Ellen Beans
Moraga
Gun control bill
should be wide-ranging
As a deeply concerned and actively engaged constituent of California, I urge U.S. senators to do all in their power to pass wide-ranging gun control laws immediately. The continued and now daily mass shootings are a tragedy and travesty that can be addressed first and foremost by instituting these common-sense measures:
Universal background checks; extreme risk/red-flag laws; assault weapons ban as we had before; high-capacity magazines ban; ban on bump stocks and other conversion devices, and ghost guns; prohibition of gun ownership by individuals with dangerous histories; blocks on deregulating silencers.
Enough is enough. How many more children and innocent adults have to die before this country stands up to the NRA lobby? I urge senators to use their power and responsibility for ending this madness — help pass these gun control laws now.
Nicole Raeburn
Richmond | https://www.mercurynews.com/2022/06/13/letters-865/ | 2022-06-14T00:08:24Z | https://www.mercurynews.com/2022/06/13/letters-865/ | true | 2 |
Samweri Egesa Bogere, bishop of Bukedi ordains 35 new deacons
Samweri Egesa Bogere, Bishop of Bukedi diocese has warned the ordained 35 deacons in Bukedi diocese to be faithful to church resources, money, and land warning that are coming in when some people have specialized and become experts in grabbing church land today which they should guard against. He also revealed that they are going to sub-divide Bukedi diocese into two, North and South Bukedi to create growth. He revealed this at the ordination of 35 deacons at St. Stephens church Kachonga in Butaleja district. | https://www.ntv.co.ug/ug/news/samweri-egesa-bogere-bishop-of-bukedi-ordains-35-new-deacons-3847032 | 2022-06-14T00:08:39Z | https://www.ntv.co.ug/ug/news/samweri-egesa-bogere-bishop-of-bukedi-ordains-35-new-deacons-3847032 | true | null |
Steelers lineman is speaker for Thursday’s Northwest Pennsylvania HS Sports Awards show
The Erie Times News is excited to announce Pittsburgh Steelers defensive lineman Chris Wormley as the special guest speaker at Thursday’s Northwest Pennsylvania High School Sports Awards show.
The event will honor more than 300 of the region’s top high school athletes in more than 25 sports, as well as top coaches and teams. It will begin at 7:30 p.m. at the Bayfront Convention Center. Several major awards will also be presented, including Girls Athlete of the Year, Boys Athlete of the Year, Team of the Year, Coach of the Year and the Courage Award.
Nominated athletes must register for the event here. Additional tickets can be purchased here. More information about the event can be found on the show’s website here, including full lists of nominated athletes.
Spring nominees:NW Pa. High School Sports Awards Show set for Thursday; spring nominees can register for free tickets
Fall, winter nominees:We invite these honorees to register for free tickets for NW Pa. High School Sports Awards show
2022 will be Chris Wormley’s third season with the Pittsburgh Steelers after he was traded to them from the division rival Baltimore Ravens two years ago, a deal the Steelers clearly got the best of. After bouncing back from injury in 2020, Wormley had 51 tackles, including 7 sacks last year and was a key anchor in the middle of the Steelers’ defense. The defensive tackle played in college at Michigan, where he was an All-Big Ten first-team selection and an All-American second team selection in 2016. He was a third-round pick by the Ravens in 2017.
“It’s great to be a part of the Northwest Pennsylvania High School Sports Awards,” Wormley said. “These student athletes have worked really hard to get to where they are today, and it’s an honor to help celebrate their accomplishments.”
Thursday's show will be produced with the support of Logistics Plus and AHN Sports Medicine at Saint Vincent. One change to this year's event: It is an awards show, not a dinner.
The Northwest Pennsylvania High School Sports Awards is part of the USA Today High School Sports Awards program, the largest high school sports recognition program in the country. The national show, hosted by Tampa Bay Buccaneers tight end Rob Gronkowski and former NFL tight end Vernon Davis, will be broadcast live on July 31 at 7:30 p.m. Learn more about that event on the national show website, here. | https://www.goerie.com/story/sports/high-school/sports-awards/2022/06/13/pittsburgh-steelers-lineman-chris-wormley-is-speaker-nwpa-high-school-sports-awards-show-thursday/65360615007/ | 2022-06-14T00:11:00Z | https://www.goerie.com/story/sports/high-school/sports-awards/2022/06/13/pittsburgh-steelers-lineman-chris-wormley-is-speaker-nwpa-high-school-sports-awards-show-thursday/65360615007/ | false | 1 |
NEW YORK, June 13, 2022 /PRNewswire/ -- "The concept of 'Made in Italy' is a repository of food excellence and ties to regions, culture and tradition. That is why it is important to provide comprehensive information to consumers in order to enhance and protect our Italian food and wine heritage." This is affirmed by Luigi Scordamaglia, the CEO of Filiera Italia, introducing the opening works of the booth of Filiera Italia and Coldiretti at the Summer Fancy Food Show in New York (Level 3 — 2717 — Italy).
The inauguration ceremony was attended by Mariangela Zappia, Italian Ambassador to the United States, Carlo Ferro, President of ITA-Ice, Stefano Bonaccini, President of Emilia Romagna region, Paolo De Castro, Italian Representative at the European Parliament, and Vincenzo Gesmundo, General Secretary of Coldiretti. An occasion to announce together with food buyers and importers that the United States in 5 years may become the first market in the world for export of Made in Italy agri-food.
At the heart of the debate was a focus on the need to combat "Italian sounding" in favor of authentic, essential and distinctive values of the Italian food supply chain, such as quality, sustainability, and the link between tradition and innovation – values that Filiera Italia promotes every day.
A commitment that is being consolidated thanks to Filiera Italia and Coldiretti's partnership with Fiera Milano, with a commitment to always supporting Italian agri-food companies of excellence and ensuring their continued and increased competitiveness in international markets, especially at extremely important international trade fair events such as Tuttofood 2023, to be held next May in Milan, Italy.
ABOUT FILIERA ITALIA: Filiera Italia is the alliance that unites agriculture, which is represented by Coldiretti, Europe's largest agricultural organization, with the Italian food industry of excellence.
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SOURCE Filiera Italia | https://www.kltv.com/prnewswire/2022/06/13/filiera-italia-coldiretti-inaugurate-authentic-italian-food-system-booth-fancy-food-new-york/ | 2022-06-14T00:15:22Z | https://www.kltv.com/prnewswire/2022/06/13/filiera-italia-coldiretti-inaugurate-authentic-italian-food-system-booth-fancy-food-new-york/ | true | 14 |
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