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JACKSON, MI -- A Jackson woman has been hospitalized after being hit by a car Wednesday morning, police said.
At about 5:22 a.m. May 4, Jackson Police Department officers were dispatched to the intersection of Cooper Street and East Michigan Avenue for a traffic crash.
A vehicle driving south on Cooper Street hit a pedestrian crossing the roadway, police said.
The driver of the vehicle and a witness both told officers the traffic light was green for Cooper Street traffic, said Jackson Police and Fire Services Director Elmer Hitt.
The pedestrian, a 55-year-old woman, was taken to Henry Ford Jackson Hospital, were she was in stable condition, Hitt said. Alcohol and/or drugs are not believed to be a factor in this crash, police said.
More from the Jackson Citizen Patriot:
Man sentenced to life in prison for Grass Lake double murder
See results as Jackson County voters decide bond proposals, millage
Voters say yes to $9.5M bond for new STEM facility in Concord schools
Adaptability, creativity helped this Jackson salon owner open during COVID | https://www.mlive.com/news/jackson/2022/05/jackson-woman-hospitalized-after-car-pedestrian-crash.html | 2022-05-04T20:37:27Z | https://www.mlive.com/news/jackson/2022/05/jackson-woman-hospitalized-after-car-pedestrian-crash.html | false |
TYRE, N.Y. (WROC) — A Florida man is facing multiple charges after a baby was found covered in a flammable liquid, officials from the Seneca County Sheriff’s Office announced Wednesday.
Jamie Avery, 28 years old from West Palm Beach, Florida, is charged with attempted aggravated murder, attempted murder, arson, attempted, arson, and endangering the welfare of a child.
Authorities said at a Wednesday afternoon press conference that two people were detained after a 1-year-old was found covered in the flammable liquid near a gas station in Tyre, New York on Tuesday. Officials say the child was taken to the hospital for treatment.
Police say around the same time, a 4-year-old was found with head injuries in a tractor-trailer. They took were taken to the hospital for treatment.
According to officials from the sheriff’s department, both children are expected to survive and make full recoveries.
Avery was arraigned in Seneca County Court and held on $100,000 cash bail. No word yet on other charges for the other person who was detained.
Check back with News 8 WROC as we will continue to update this developing story. | https://www.mychamplainvalley.com/news/national-news/florida-man-arrested-after-baby-doused-in-flammable-liquid-in-seneca-county-4-year-old-injured/ | 2022-05-04T20:38:12Z | https://www.mychamplainvalley.com/news/national-news/florida-man-arrested-after-baby-doused-in-flammable-liquid-in-seneca-county-4-year-old-injured/ | true |
WFO AMARILLO Warnings, Watches and Advisories for Wednesday, May 4, 2022
_____
SEVERE THUNDERSTORM WARNING
Severe Weather Statement
National Weather Service Amarillo TX
215 PM CDT Wed May 4 2022
...A SEVERE THUNDERSTORM WARNING REMAINS IN EFFECT UNTIL 245 PM CDT
FOR NORTHEASTERN RANDALL AND SOUTHEASTERN POTTER COUNTIES...
At 215 PM CDT, a severe thunderstorm was located 4 miles northwest of
Lake Tanglewood, or 5 miles south of Amarillo, moving east at 30 mph.
HAZARD...60 mph wind gusts and half dollar size hail.
SOURCE...Public.
IMPACT...Minor damage to roofs, siding, and trees is possible. Hail
damage to vehicles is expected.
Locations impacted include...
Amarillo and Mescalero Park.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Tornado Watch remains in effect until 1000 PM CDT for the Panhandle
of Texas.
For your protection move to an interior room on the lowest floor of a
building.
At 219 PM CDT, a severe thunderstorm was located 5 miles northwest of
Lake Tanglewood, or 5 miles south of Amarillo, moving east at 25 mph.
_____
Copyright 2022 AccuWeather | https://www.lmtonline.com/weather/article/TX-WFO-AMARILLO-Warnings-Watches-and-Advisories-17148002.php | 2022-05-04T20:41:03Z | https://www.lmtonline.com/weather/article/TX-WFO-AMARILLO-Warnings-Watches-and-Advisories-17148002.php | false |
JACKSON, Miss — Editor's Note: This is an updated version of a story released last year.
If you are Black or Hispanic in a conservative state that already limits access to abortions, you are far more likely than a white woman to have one.
And if the U.S. Supreme Court allows states to further restrict or even ban abortions, minority women who already face limited access to health care will bear the brunt of it, according to statistics analyzed by The Associated Press.
The potential impact on minority women became all the more clear on Monday with the leak of a draft Supreme Court opinion suggesting the court's conservative majority is poised to overturn the landmark 1973 decision legalizing abortion. The draft decision is not yet final but it sent shockwaves through the country. Overturning the Roe v. Wade decision would give states authority to decide abortion's legality. Roughly half, largely in the South and Midwest, are likely to quickly ban abortion.
When it comes to the effect on minority women, the numbers are unambiguous. In Mississippi, people of color comprise 44% of the population but 81% of women receiving abortions, according to the Kaiser Family Foundation, which tracks health statistics.
In Texas, they’re 59% of the population and 74% of those receiving abortions. The numbers in Alabama are 35% and 69%. In Louisiana, minorities represent 42% of the population, according to the state Health Department, and about 72% of those receiving abortions.
“Abortion restrictions are racist,” said Cathy Torres, an organizing manager with Frontera Fund, a Texas organization that helps women pay for abortions. “They directly impact people of color, Black, brown, Indigenous people ... people who are trying to make ends meet.”
Why the great disparities? Laurie Bertram Roberts, executive director of the Alabama-based Yellowhammer Fund, which provides financial support for women seeking abortion, said women of color in states with restrictive abortion laws often have limited access to health care and a lack of choices for effective birth control. Schools often have ineffective or inadequate sex education.
If abortions are outlawed, those same women — often poor — will likely have the hardest time traveling to distant parts of the country to terminate pregnancies or raising children they might struggle to afford, said Roberts, who is Black and once volunteered at Mississippi’s only abortion clinic.
“We’re talking about folks who are already marginalized,” Roberts said.
Amanda Furdge, who is Black, was one of those women. She was a single, unemployed college student already raising one baby in 2014 when she found out she was pregnant with another. She said she didn’t know how she could afford another child.
She’d had two abortions in Chicago. Getting access to an abortion provider there was no problem, Furdge said. But now she was in Mississippi, having moved home to escape an abusive relationship. Misled by advertising, she first went to a crisis pregnancy center that tried to talk her out of an abortion. By the time she found the abortion clinic, she was too far along to have the procedure.
She's not surprised by the latest news on the Supreme Court's likely decision. Most people who aren't affected don't consider the stakes.
“People are going to have to vote," said Furdge, 34, who is happily raising her now 7-year-old son but continues to advocate for women having the right to choose. "People are going to have to put the people in place to make the decisions that align with their values. When they don’t, things like this happen.”
Torres said historically, anti-abortion laws have been crafted in ways that hurt low-income women. She pointed to the Hyde Amendment, a 1980 law that prevents the use of federal funds to pay for abortions except in rare cases.
She also cited the 2021 Texas law that bans abortion after around six weeks of pregnancy. Where she lives, near the U.S.-Mexico border in the Rio Grande Valley, women are forced to travel to obtain abortions and must pass in-state border patrol checkpoints where they have to disclose their citizenship status, she said.
Regardless of what legislators say, Torres insisted, the intent is to target women of color, to control their bodies: “They know who these restrictions are going to affect. They know that, but they don’t care.”
But Andy Gipson, a former member of the Mississippi Legislature who is now the state’s agriculture and commerce commissioner, said race had nothing to do with passage of Mississippi’s law against abortion after the 15th week. That law is the one now before the Supreme Court in a direct challenge to Roe v. Wade.
Gipson, a Baptist minister who is white, said he believes all people are created in the image of God and have an “innate value” that starts at conception. Mississippi legislators were trying to protect women and babies by putting limits on abortion, he said.
“I absolutely disagree with the concept that it’s racist or about anything other than saving babies’ lives,” said Gipson, a Republican. “It’s about saving lives of the unborn and the lives and health of the mother, regardless of what color they are.”
To those who say that forcing women to have babies will subject them to hardships, Mississippi Attorney General Lynn Fitch, a white Republican, said it is “easier for working mothers to balance professional success and family life” than it was 49 years ago when Roe was decided.
Fitch, who is divorced, often points to her own experience of working outside the home while raising three children. But Fitch grew up in an affluent family and has worked in the legal profession — both factors that can give working women the means and the flexibility to get help raising children.
That’s not the case for many minority women in Mississippi or elsewhere. Advocates say in many places where abortion services are being curtailed, there’s little support for women who carry a baby to term.
Mississippi is one of the poorest states, and people in low-wage jobs often don’t receive health insurance. Women can enroll in Medicaid during pregnancy, but that coverage disappears soon after they give birth.
Mississippi has the highest infant mortality rate in the U.S., according to the Centers for Disease Control and Prevention. Black infants were about twice as likely as white infants to die during the first year of life in Mississippi, according to the March of Dimes.
Across the country, U.S. Census Bureau information analyzed by The Associated Press shows fewer Black and Hispanic women have health insurance, especially in states with tight abortion restrictions. For example, in Texas, Mississippi and Georgia, at least 16% of Black women and 36% of Latinas were uninsured in 2019, some of the highest such rates in the country.
Problems are compounded in states without effective education programs about reproduction. Mississippi law says sex education in public schools must emphasize abstinence to avoid pregnancy and sexually transmitted diseases. Discussion of abortion is forbidden, and instructors may not demonstrate how to use condoms or other contraception.
The Mississippi director for Planned Parenthood Southeast, Tyler Harden, is a 26-year-old Black woman who had an abortion about five years ago, an experience that drove her to a career supporting pregnant women and preserving abortion rights.
She said when she was attending public school in rural Mississippi, she didn’t learn about birth control. Instead, a teacher stuck clear tape on students’ arms. The girls were told to put it on another classmate’s arm, and another, and watch how it lost the ability to form a bond.
“They’d tell you, ‘If you have sex, this is who you are now: You’re just like this piece of tape — all used up and washed up and nobody would want it,’” Harden said.
When she became pregnant at 21, she knew she wanted an abortion. Her mother was battling cancer and Harden was in her last semester of college without a job or a place to live after graduation.
She said she was made to feel fear and shame, just as she had during sex ed classes. When she went to the clinic, she said protesters told her she was “‘killing the most precious gift’” from God and that she was ”‘killing a Black baby, playing into what white supremacists want.’”
Harden’s experience is not uncommon. The anti-abortion movement has often portrayed the abortion fight in racial terms.
Outside the only abortion clinic operating in Mississippi, protesters hand out brochures that refer to abortion as Black “genocide” and say the late Margaret Sanger, founder of Planned Parenthood and a proponent of eugenics, “desired to eradicate minorities.” The brochures compare Sanger to Adolf Hitler and proclaim: “Black lives did not matter to Margaret Sanger!”
The Mississippi clinic is not affiliated with Planned Parenthood, and Planned Parenthood itself denounces Sanger’s belief in eugenics.
White people are not alone in making this argument. Alveda King, an evangelist who is a niece of the Rev. Martin Luther King Jr., is among the Black opponents of abortion who, for years, have been portraying abortion as a way to wipe out people of their race.
Tanya Britton, a former president of Pro-Life Mississippi, often drives three hours from her home in the northern part of the state to pray outside the abortion clinic in Jackson. Britton is Black, and she said it’s a tragedy that the number of Black babies aborted since Roe would equal the population of several large cities. She also said people are too casual about terminating pregnancies.
“You just can’t take the life of someone because this is not convenient — ‘I want to finish my education,’” Britton said. “You wouldn’t kill your 2-year-old because you were in graduate school.”
But state Rep. Zakiya Summers of Jackson, who is Black and a mother, suggested there’s nothing casual about what poor women are doing. Receiving little support in Mississippi — for example, the Legislature killed a proposal to expand postpartum Medicaid coverage in 2021 -- they are sometimes forced to make hard decisions.
“Women are just out here trying to survive, you know?” she said. “And Mississippi doesn’t make it any easier.”
____
Associated Press reporters Noreen Nasir in Jackson, Mississippi, and Jasen Lo in Chicago contributed to this report. | https://www.wfaa.com/article/news/nation-world/minority-women-have-most-to-lose-with-abortion-in-jeopardy/507-f7284ca1-ef4f-4cc3-bec5-64304c104961 | 2022-05-04T20:43:56Z | https://www.wfaa.com/article/news/nation-world/minority-women-have-most-to-lose-with-abortion-in-jeopardy/507-f7284ca1-ef4f-4cc3-bec5-64304c104961 | true |
DALLAS (AP) _ Energy Transfer LP (ET) on Wednesday reported first-quarter net income of $1.27 billion.
The Dallas-based company said it had net income of 37 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.
The energy-related services provider posted revenue of $20.49 billion in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ET at https://www.zacks.com/ap/ET | https://www.expressnews.com/business/article/Energy-Transfer-LP-Q1-Earnings-Snapshot-17148205.php | 2022-05-04T20:46:25Z | https://www.expressnews.com/business/article/Energy-Transfer-LP-Q1-Earnings-Snapshot-17148205.php | true |
GREENSBORO, N.C. (AP) _ Qorvo Inc. (QRVO) on Wednesday reported fiscal fourth-quarter net income of $212.3 million.
On a per-share basis, the Greensboro, North Carolina-based company said it had net income of $1.95. Earnings, adjusted for non-recurring costs and amortization costs, came to $3.12 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.94 per share.
The chipmaker posted revenue of $1.17 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $1.15 billion.
For the year, the company reported profit of $1.03 billion, or $9.26 per share. Revenue was reported as $4.65 billion.
For the current quarter ending in July, Qorvo expects its per-share earnings to range from $2 to $2.25.
The company said it expects revenue in the range of $1 billion to $1.05 billion for the fiscal first quarter.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QRVO at https://www.zacks.com/ap/QRVO | https://www.expressnews.com/business/article/Qorvo-Fiscal-Q4-Earnings-Snapshot-17148227.php | 2022-05-04T20:47:21Z | https://www.expressnews.com/business/article/Qorvo-Fiscal-Q4-Earnings-Snapshot-17148227.php | true |
Somerset man 'furious' after woman spends NHS charity money
- Published
A man who helped sell badges to raise money for NHS charities said he is "furious" after the woman running the campaign spent all the money they made.
Andy Stallard, from Somerset, said NHS Hero badges were sold at Weston General Hospital at the start of the pandemic.
He offered to help and raised £6,000, which he paid to the Somerset woman who set up the campaign. He said she has not paid it forward to the charity.
The woman has admitted to spending the money due to financial hardship.
She is not being named for legal reasons and told the BBC she will pay the money back when she can.
Mr Stallard, a gas engineer, said he had tried Action Fraud, the UK's central reporting service for reports of fraud and cyber crime, but "they are not going to take it any further".
Action Fraud said cases are "assessed based on the vulnerability of the victim" and not all of them can be passed for further investigation.
The badges also used a design taken from Yorkshire artist, Rachel List, initially without her permission.
Ms List said when the campaign organiser asked for her permission later "she told me all profits were going to the NHS".
Ms List explained: "During lockdown I said a lot of people could use the design as long as it raised funds for the NHS.
"I thought, what a great way to support our local NHS."
Ms List said although she was asked to produce more badge designs "because the badges had sold so well", she is "glad" she did not "as they would not have gone to the right place".
The artist said she personally knows nurses who were buying the badges and wearing them "with pride" at work.
"They worked 12 hours every day. It's a slap in the face of people like that."
There were 850,000 crimes reported to Action Fraud in 2021 with 6,500 of them moved to prosecution.
Follow BBC West on Facebook, Twitter and Instagram. Send your story ideas to: bristol@bbc.co.uk
- 18 April 2020 | https://www.bbc.co.uk/news/uk-england-somerset-61321390 | 2022-05-04T20:56:52Z | https://www.bbc.co.uk/news/uk-england-somerset-61321390 | true |
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RIVERSOURCE VARIABLE ACCOUNT 10 (Form497J) (0001193125-22-138560)
Accepted:
Form Type:
497J
Accession Number:
0001193125-22-138560 | https://www.benzinga.com/secfilings/22/05/26974689/riversource-variable-account-10-form497j-0001193125-22-138560 | 2022-05-04T21:01:29Z | https://www.benzinga.com/secfilings/22/05/26974689/riversource-variable-account-10-form497j-0001193125-22-138560 | false |
WASHINGTON, May 4, 2022 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced that President and Chief Executive Officer, Rainer M. Blair, will be presenting at the Bank of America Securities Health Care Conference in Las Vegas, Nevada on Wednesday, May 11, 2022 at 10:00 a.m. PT. The audio will be simultaneously webcast on www.danaher.com.
ABOUT DANAHER
Danaher is a global science and technology innovator committed to helping its customers solve complex challenges and improving quality of life around the world. Its family of world class brands has leadership positions in the demanding and attractive health care, environmental and applied end-markets. With more than 20 operating companies, Danaher's globally diverse team of approximately 80,000 associates is united by a common culture and operating system, the Danaher Business System, and its Shared Purpose, Helping Realize Life's Potential. For more information, please visit www.danaher.com.
View original content:
SOURCE Danaher Corporation | https://www.kswo.com/prnewswire/2022/05/04/danaher-present-bank-america-securities-health-care-conference/ | 2022-05-04T21:07:21Z | https://www.kswo.com/prnewswire/2022/05/04/danaher-present-bank-america-securities-health-care-conference/ | false |
(KTVX) — How easily hackable are you?
With most modern-day activities occurring online today — whether it’s banking, shopping, social media and more — most of us enter passwords on a daily basis for a variety of accounts.
Cybersecurity firm Lookout reported that on average, 80% of consumers have had their email leaked on the dark web at some point.
The firm released its list of the Top 10 most common passwords found on the dark web:
- 123456
- 123456789
- qwerty
- password
- 12345
- 12345678
- 111111
- 1234567
- 123123
- qwerty123
If any passwords on this list look familiar to you, unfortunately, your accounts remain some of the easiest for cybercriminals to hack.
Digital security company Norton says more than 2 out of 3 people recycle the same few passwords across multiple accounts online.
“Businesses and individuals within the U.S. lost nearly $4.2 billion to cybercrimes within the last year alone,” says Norton.
The Identity Theft Resource Center (ITRC), a nonprofit established to support victims of identity crimes, released its Annual Data Breach Report for 2021.
According to the report, there were 1,862 data breaches in 2021, marking a record high 68% increase in breaches from 2020. The report finds 2021’s data breaches marked a 23% increase from the previous all-time high for a single year set in 2017 with 1,506 breaches.
“In 2021, we saw a shift in the identity crime space,” said Eva Velasquez, President and CEO of the Identity Theft Resource Center. “Too many people found themselves in between criminals and organizations that hold consumer information. We may look back at 2021 as the year when we moved from the era of identity theft to identity fraud. The number of breaches in 2021 was alarming. Many of the cyberattacks committed were highly sophisticated and complex, requiring aggressive defenses to prevent them. If those defenses failed, too often we saw an inadequate level of transparency for consumers to protect themselves from identity fraud.”
Industry experts say identity theft and internet breaches continue rising every year and remain “alarmingly high.” The study found ransomware-related data breaches have doubled within the past two years with phishing remaining the “number one root cause of data compromises in 2022.”
The study finds there were more cyber attack-related compromises in 2021 (1,603) than all total data compromises in 2020 (1,108).
“There is no reason to believe the level of data compromises will suddenly decline in 2022,” experts say. “As organizations of all sizes struggle to defend the data they hold, it is essential that everyone practice good cyber-hygiene to protect themselves and their loved ones from these crimes.”
To make sure your online accounts stay safe and unhackable, digital security company Norton offers these tips for creating the strongest password:
- No personal information: Don’t include references to personal information such as names, birthdays, addresses, or phone numbers.
- Combine letters, numbers, and symbols: A variety of random characters, numbers and letters make the password more complex.
- Consider password length: At least 16 characters should be used to lessen the chances of falling victim to a data breach or cyberattack.
- No repeat passwords: Reusing a password for different accounts makes you vulnerable to credential stuffing attacks frequently used by cybercriminals.
- Don’t use real words: Hackers use malicious programs that can process every word found in a dictionary to crack passwords. Don’t use proper nouns or other standalone dictionary words. | https://www.myarklamiss.com/news/national-news/how-hackable-are-you-here-are-2021s-most-common-passwords/ | 2022-05-04T21:11:10Z | https://www.myarklamiss.com/news/national-news/how-hackable-are-you-here-are-2021s-most-common-passwords/ | false |
IRVINE, Calif., May 4, 2022 /PRNewswire/ -- Sunstone Hotel Investors, Inc. (the "Company" or "Sunstone") (NYSE: SHO), the owner of Long-Term Relevant Real Estate® in the lodging industry, today announced results for the first quarter ended March 31, 2022.
First Quarter 2022 Operational Results (as compared to First Quarter 2021):
- Net Income (Loss): Net income was $15.1 million as compared to a net loss of $55.3 million.
- 12 Hotel Portfolio RevPAR: RevPAR at the comparable 12 hotels the Company owned during both 2022 and 2021 (the "12 Hotel Portfolio"), increased 207.7% to $148.65. The average daily rate was $279.95 and occupancy was 53.1%.
- 14 Hotel Portfolio RevPAR: RevPAR at the 14 hotels, which includes the 12 Hotel Portfolio, the Montage Healdsburg and the Four Seasons Resort Napa Valley (the "14 Hotel Portfolio"), was $159.76. The average daily rate was $301.44 and occupancy was 53.0%.
- Adjusted EBITDAre: Adjusted EBITDAre, excluding noncontrolling interest increased 285.3% to $27.2 million.
- Adjusted FFO: Adjusted FFO attributable to common stockholders per diluted share increased 166.7% to $0.08. Beginning with the quarter ended March 31, 2022, the Company's calculation of Adjusted FFO attributable to common stockholders excludes the noncash amortization expense associated with deferred stock compensation. Adjusted FFO attributable to common stockholders for the prior period presented in this release has also been adjusted to exclude this expense. The per share impact of this change as compared to the Company's prior presentation is $0.02 and $0.01 for the first quarters of 2022 and 2021, respectively.
Information regarding the non-GAAP financial measures disclosed in this release is provided below in "Non-GAAP Financial Measures." Reconciliations of non-GAAP financial measures to the most comparable GAAP measure for each of the periods presented are included later in this release.
Bryan A. Giglia, Chief Executive Officer, stated, "Despite getting off to a slow start due to the lingering impact of the Omicron variant, we saw significant demand acceleration as the first quarter progressed. The positive trends continued into April, and we anticipate that the second quarter will be another quarter of meaningful growth for our portfolio. While we expect continued strong demand at our resorts, we will now also benefit from increasing business volumes at our group-oriented and urban hotels which will combine to generate outsized year-over-year growth for our portfolio in 2022. March and April results at our group-oriented and urban hotels are encouraging, with the return of larger-scale group and corporate events driving higher occupancy and greater ancillary spend. This trend, which will not be uniform across all markets, is expected to continue as the recovery of these hotels progresses throughout 2022 and into 2023."
Mr. Giglia continued, "During the quarter, we sold three hotels that had limited future growth potential and recycled a portion of the proceeds into accretive share repurchases at a substantial discount to NAV. We expect to continue to recycle capital and utilize a portion of our significant balance sheet capacity to grow our portfolio through the addition of Long-Term Relevant Real Estate in the coming quarters. The combination of increasing corporate business and group demand, the continued ramp-up of our two recent acquisitions and the ability to utilize our investment capacity to grow the portfolio, positions Sunstone to drive meaningful per share earnings and NAV growth as the year progresses."
First Quarter 2022 Highlights
- Actively recycled capital through the accretive disposition of three Chicago hotels for a combined gross sale price of $197.0 million. The combined sale price represents a 10.8x multiple on 2019 Hotel Adjusted EBITDAre and a 7.7% cap rate on 2019 Hotel Net Operating Income.
- Deployed a portion of the proceeds received from the disposition of the three Chicago hotels to repurchase $48.4 million of common stock (including $5.0 million purchased subsequent to the end of the quarter) at an average price of $11.16 per share. The average purchase price per share represents a substantial discount to consensus estimates of NAV and implies a highly attractive valuation multiple on the Company's 2019 pro forma EBITDAre.
- Elected to early terminate the covenant relief period related to the Company's unsecured debt upon generating sufficient earnings for the quarter ended December 31, 2021 to satisfy the financial covenants stipulated in the 2020 and 2021 amendments to its unsecured debt agreements. By exiting the covenant relief period, the Company is no longer subject to additional restrictions on debt issuance and repayment, capital investment, share repurchases and dividend distributions.
- Invested $30.3 million of capital into our portfolio which consisted primarily of additional progress on the renovation of the Renaissance Washington DC in preparation for its conversion to the Westin brand in 2023, and a rooms renovation at the Hyatt Regency San Francisco which will be completed later this year. These projects are expected to drive incremental growth upon completion and will further enhance the earnings potential and value of these well-located hotels.
Recent Developments
Stock Repurchase Program: During the first quarter of 2022, the Company repurchased 3,879,025 shares of its common stock at an average purchase price of $11.19 per share. In April 2022, the Company repurchased an additional 457,634 shares of its common stock at an average purchase price of $10.95 per share. Year to date, the Company has repurchased a total of 4,336,659 shares of its common stock at an average price per share of $11.16 for a total repurchase amount before expenses of $48.4 million, leaving $451.6 million of authorized capacity remaining under the Company's stock repurchase program.
Hurricane Ida Damage Restoration: As previously announced, the Company's JW Marriott New Orleans and Hilton New Orleans St. Charles were both impacted by Hurricane Ida in August 2021, which caused wind-driven damage, rain infiltration and water damage at the hotels. The storm impacted the two hotels to varying degrees with the bulk of the damage incurred at the Hilton New Orleans St. Charles. During the first quarter of 2022, the Company incurred Hurricane Ida-related restoration expenses of $1.4 million at the Hilton New Orleans St. Charles and $0.1 million at the JW Marriott New Orleans. Through March 31, 2022, the Company has incurred total Hurricane Ida-related restoration expenses of $4.4 million at the Hilton New Orleans St. Charles and $1.4 million at the JW Marriott New Orleans. Though the property damage claim has not been finalized, the Company recognized an advance payment of $4.4 million from its insurers in the first quarter of 2022 for Hurricane Ida-related property expenses previously incurred. In addition, during the first quarter of 2022, the Company recognized an advance payment of $1.0 million from its insurers related to its ongoing business interruption claim at the Hilton New Orleans St. Charles. The Company expects that restoration work on the hotels will be completed by the third quarter of 2022 and that both hotels will remain in operation while the work is performed.
Capital Investments: The Company invested $30.3 million into its portfolio during the first quarter ended March 31, 2022. In 2022, the Company expects to invest approximately $130 million to $150 million.
Balance Sheet and Liquidity Update
In February 2022, the Company used a portion of the proceeds received from the disposition of the Hyatt Centric Chicago Magnificent Mile to repay $25.0 million of its unsecured Series A Senior Notes and $10.0 million of its unsecured Series B Senior Notes, resulting in remaining balances of $65.0 million and $105.0 million, respectively, as of March 31, 2022. As of March 31, 2022, the Company had $254.4 million of cash and cash equivalents, including restricted cash of $39.5 million, total assets of $3.0 billion, including $2.6 billion of net investments in hotel properties, total consolidated debt of $575.9 million and stockholders' equity of $2.2 billion.
Operations Update
Due to continued uncertainty regarding the duration and extent of the COVID-19 pandemic, the Company cannot provide further assurances regarding the pandemic's effect on the Company's results.
Dividend Update
On May 3, 2022, the Company's Board of Directors declared cash dividends of $0.442950 payable to its Series G cumulative redeemable preferred stockholder, $0.382813 per share payable to its Series H cumulative redeemable preferred stockholders and $0.356250 per share payable to its Series I preferred stockholders. The dividends will be paid on July 15, 2022 to stockholders of record as of June 30, 2022.
The Company has suspended its quarterly common stock cash dividends. The resumption in quarterly common dividends will be determined by the Company's Board of Directors after considering the Company's obligations under its various financing agreements, projected taxable income, compliance with its debt covenants, long-term operating projections, expected capital requirements and risks affecting the Company's business.
Supplemental Disclosures
Contemporaneous with this release, the Company has furnished a Form 8-K with unaudited financial information. This additional information is being provided as a supplement to the information in this release and other filings with the SEC. The Company has no obligation to update any of the information provided to conform to actual results or changes in the Company's portfolio, capital structure or future expectations.
Earnings Call
The Company will host a conference call to discuss first quarter 2022 financial results on May 5, 2022, at 12:00 p.m. Eastern Time (9:00 a.m. Pacific Time). A live webcast of the call will be available via the Investor Relations section of the Company's website at www.sunstonehotels.com. Alternatively, interested parties may dial 1-888-330-3573 and reference conference ID 4831656 to listen to the live call. A replay of the webcast will also be archived on the website.
About Sunstone Hotel Investors, Inc.
Sunstone Hotel Investors, Inc. is a lodging real estate investment trust ("REIT") that as of the date of this release has interests in 14 hotels comprised of 7,396 rooms, the majority of which are operated under nationally recognized brands. Sunstone's strategy is to create long-term stakeholder value through the acquisition, active ownership and disposition of hotels considered to be Long-Term Relevant Real Estate®. For further information, please visit Sunstone's website at www.sunstonehotels.com. The Company's website is provided as a reference only and any information on the website is not incorporated by reference in this release.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will" and other similar terms and phrases, including opinions, references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to: the impact the COVID-19 pandemic has on the Company's business and the economy, as well as the response of governments and the Company to the pandemic, and how quickly and successfully effective vaccines and therapies are distributed and administered; increased risks related to employee matters, including increased employment litigation and claims for severance or other benefits tied to termination or furloughs as a result of temporary hotel suspensions or reduced hotel operations due to COVID-19; general economic and business conditions, including a U.S. recession or increased inflation, trade conflicts and tariffs, regional or global economic slowdowns and any type of flu or disease-related pandemic that impacts travel or the ability to travel, including COVID-19; the need for business-related travel, including the increased use of business-related technology; rising hotel operating costs due to labor costs, workers' compensation and health-care related costs, utility costs, property and liability insurance costs, unanticipated costs such as acts of nature and their consequences and other costs that may not be offset by increased room rates; the ground or airspace leases for two of the hotels the Company has interests in as of the date of this release; the need for renovations, repositionings and other capital expenditures for the Company's hotels; the impact, including any delays, of renovations and repositionings on hotel operations; new hotel supply, or alternative lodging options such as timeshare, vacation rentals or sharing services such as Airbnb, in the Company's markets, which could harm its occupancy levels and revenue at its hotels; competition from hotels not owned by the Company; relationships with, and the requirements, performance and reputation of, the managers of the Company's hotels; relationships with, and the requirements and reputation of, the Company's franchisors and hotel brands; the Company's hotels may become impaired, or its hotels which have previously become impaired may become further impaired in the future, which may adversely affect its financial condition and results of operations; competition for the acquisition of hotels, and the Company's ability to complete acquisitions and dispositions; performance of hotels after they are acquired; changes in the Company's business strategy or acquisition or disposition plans; the Company's level of debt, including secured, unsecured, fixed and variable rate debt; financial and other covenants in the Company's debt and preferred stock; the impact on the Company's business of potential defaults by the Company on its debt agreements or leases; volatility in the capital markets and the effect on lodging demand or the Company's ability to obtain capital on favorable terms or at all; the Company's need to operate as a REIT and comply with other applicable laws and regulations, including new laws, interpretations or court decisions that may change the federal or state tax laws or the federal or state income tax consequences of the Company's qualification as a REIT; potential adverse tax consequences in the event that the Company's operating leases with its taxable REIT subsidiaries are not held to have been made on an arm's-length basis; system security risks, data protection breaches, cyber-attacks and systems integration issues, including those impacting the Company's suppliers, hotel managers or franchisors; other events beyond the Company's control, including climate change, natural disasters, terrorist attacks or civil unrest; and other risks and uncertainties associated with the Company's business described in its filings with the Securities and Exchange Commission. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. All forward-looking information provided herein is as of the date of this release, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.
This release should be read together with the consolidated financial statements and notes thereto included in our most recent reports on Form 10-K and Form 10-Q. Copies of these reports are available on our website at www.sunstonehotels.com and through the SEC's Electronic Data Gathering Analysis and Retrieval System ("EDGAR") at www.sec.gov.
Non-GAAP Financial Measures
We present the following non-GAAP financial measures that we believe are useful to investors as key supplemental measures of our operating performance: earnings before interest expense, taxes, depreciation and amortization for real estate, or EBITDAre; Adjusted EBITDAre, excluding noncontrolling interest (as defined below); funds from operations attributable to common stockholders, or FFO attributable to common stockholders; Adjusted FFO attributable to common stockholders (as defined below); hotel Adjusted EBITDAre; and hotel Adjusted EBITDAre margins. These measures should not be considered in isolation or as a substitute for measures of performance in accordance with GAAP. In addition, our calculation of these measures may not be comparable to other companies that do not define such terms exactly the same as the Company. These non-GAAP measures are used in addition to and in conjunction with results presented in accordance with GAAP. They should not be considered as alternatives to net income (loss), cash flow from operations, or any other operating performance measure prescribed by GAAP. These non-GAAP financial measures reflect additional ways of viewing our operations that we believe, when viewed with our GAAP results and the reconciliations to the corresponding GAAP financial measures, provide a more complete understanding of factors and trends affecting our business than could be obtained absent this disclosure. We strongly encourage investors to review our financial information in its entirety and not to rely on a single financial measure.
We present EBITDAre in accordance with guidelines established by the National Association of Real Estate Investment Trusts ("NAREIT"), as defined in its September 2017 white paper "Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate." We believe EBITDAre is a useful performance measure to help investors evaluate and compare the results of our operations from period to period in comparison to our peers. NAREIT defines EBITDAre as net income (calculated in accordance with GAAP) plus interest expense, income tax expense, depreciation and amortization, gains or losses on the disposition of depreciated property (including gains or losses on change in control), impairment write-downs of depreciated property and of investments in unconsolidated affiliates caused by a decrease in the value of depreciated property in the affiliate, and adjustments to reflect the entity's share of EBITDAre of unconsolidated affiliates.
We make additional adjustments to EBITDAre when evaluating our performance because we believe that the exclusion of certain additional items described below provides useful information to investors regarding our operating performance, and that the presentation of Adjusted EBITDAre, excluding noncontrolling interest, when combined with the primary GAAP presentation of net income, is beneficial to an investor's complete understanding of our operating performance. In addition, we use both EBITDAre and Adjusted EBITDAre, excluding noncontrolling interest as measures in determining the value of hotel acquisitions and dispositions.
We believe that the presentation of FFO attributable to common stockholders provides useful information to investors regarding our operating performance because it is a measure of our operations without regard to specified noncash items such as real estate depreciation and amortization, any real estate impairment loss and any gain or loss on sale of real estate assets, all of which are based on historical cost accounting and may be of lesser significance in evaluating our current performance. Our presentation of FFO attributable to common stockholders conforms to NAREIT's definition of "FFO applicable to common shares." Our presentation may not be comparable to FFO reported by other REITs that do not define the terms in accordance with the current NAREIT definition, or that interpret the current NAREIT definition differently than we do.
We also present Adjusted FFO attributable to common stockholders when evaluating our operating performance because we believe that the exclusion of certain additional items described below provides useful supplemental information to investors regarding our ongoing operating performance, and may facilitate comparisons of operating performance between periods and our peer companies.
We adjust EBITDAre and FFO attributable to common stockholders for the following items, which may occur in any period, and refer to these measures as either Adjusted EBITDAre, excluding noncontrolling interest or Adjusted FFO attributable to common stockholders:
- Amortization of deferred stock compensation: we exclude the noncash expense incurred with the amortization of deferred stock compensation as this expense is based on historical stock prices at the date of grant to our corporate employees and does not reflect the underlying performance of our hotels.
- Amortization of contract intangibles: we exclude the noncash amortization of any favorable or unfavorable contract intangibles recorded in conjunction with our hotel acquisitions. We exclude the noncash amortization of contract intangibles because it is based on historical cost accounting and is of lesser significance in evaluating our actual performance for the current period.
- Gains or losses from debt transactions: we exclude the effect of finance charges and premiums associated with the extinguishment of debt, including the acceleration of deferred financing costs from the original issuance of the debt being redeemed or retired because, like interest expense, their removal helps investors evaluate and compare the results of our operations from period to period by removing the impact of our capital structure.
- Acquisition costs: under GAAP, costs associated with acquisitions that meet the definition of a business are expensed in the year incurred. We exclude the effect of these costs because we believe they are not reflective of the ongoing performance of the Company or our hotels.
- Cumulative effect of a change in accounting principle: from time to time, the FASB promulgates new accounting standards that require the consolidated statement of operations to reflect the cumulative effect of a change in accounting principle. We exclude these one-time adjustments, which include the accounting impact from prior periods, because they do not reflect our actual performance for that period.
- Other adjustments: we exclude other adjustments that we believe are outside the ordinary course of business because we do not believe these costs reflect our actual performance for the period and/or the ongoing operations of our hotels. Such items may include: lawsuit settlement costs; prior year property tax assessments or credits; the write-off of development costs associated with abandoned projects; property-level restructuring, severance and management transition costs; debt resolution costs; lease terminations; property insurance proceeds or uninsured losses; and other nonrecurring identified adjustments.
In addition, to derive Adjusted EBITDAre, excluding noncontrolling interest we exclude the noncontrolling partner's pro rata share of the net (income) loss allocated to the Hilton San Diego Bayfront partnership, as well as the noncontrolling partner's pro rata share of any EBITDAre and Adjusted EBITDAre components. We also exclude the amortization of our right-of-use assets and related lease obligations as these expenses are based on historical cost accounting and do not reflect the actual rent amounts due to the respective lessors or the underlying performance of our hotels. Additionally, we include an adjustment for the cash finance lease expense recorded on the building lease at the Hyatt Centric Chicago Magnificent Mile (prior to the hotel's sale in February 2022). We determined that the building lease is a finance lease, and, therefore, we include a portion of the lease payment each month in interest expense. We adjust EBITDAre for the finance lease in order to more accurately reflect the actual rent due to the hotel's lessor in the current period, as well as the operating performance of the hotel. We also exclude the effect of gains and losses on the disposition of undepreciated assets because we believe that including them in Adjusted EBITDAre, excluding noncontrolling interest is not consistent with reflecting the ongoing performance of our assets.
To derive Adjusted FFO attributable to common stockholders, we also exclude the noncash interest on our derivatives and finance lease obligation as we believe that these items are not reflective of our ongoing finance costs. Additionally, we exclude the noncontrolling partner's pro rata share of any FFO adjustments related to our consolidated Hilton San Diego Bayfront partnership. We also exclude the real estate amortization of our right-of-use assets and related lease obligations, which includes the amortization of both our finance and operating lease intangibles (with the exception of our corporate operating lease), as these expenses are based on historical cost accounting and do not reflect the actual rent amounts due to the respective lessors or the underlying performance of our hotels. In addition, we exclude preferred stock redemption charges, changes to deferred tax assets, liabilities or valuation allowances, and income tax benefits or provisions associated with the application of net operating loss carryforwards, uncertain tax positions or with the sale of assets other than real estate investments.
In presenting hotel Adjusted EBITDAre and hotel Adjusted EBITDAre margins, miscellaneous non-hotel items have been excluded. We believe the calculation of hotel Adjusted EBITDAre results in a more accurate presentation of the hotel Adjusted EBITDAre margins for our hotels, and that these non-GAAP financial measures are useful to investors in evaluating our property-level operating performance.
Reconciliations of net income (loss) to EBITDAre, Adjusted EBITDAre, excluding noncontrolling interest, FFO attributable to common stockholders, Adjusted FFO attributable to common stockholders, hotel Adjusted EBITDAre and hotel Adjusted EBITDAre margins are set forth in the following pages of this release.
For Additional Information:
Aaron Reyes
Sunstone Hotel Investors, Inc.
(949) 382-3018
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IRVING, Texas, May 4, 2022 /PRNewswire/ -- Vistra (NYSE: VST) announced today that its board of directors has declared a quarterly dividend of $0.177 per share of Vistra's common stock, reflecting an estimated aggregate payment of $75 million this quarter, and together with last quarter's dividend, ~$150 million cumulatively in 2022. This represents a ~18% increase in the company's quarterly common stock dividend per share from its second quarter 2021 dividend. The common dividend is payable on June 30, 2022, to common stockholders of record as of June 22, 2022. The ex-dividend date for the common dividend will be June 21, 2022.
The board of directors also declared a semi-annual dividend on the company's 7.0% Series B Fixed-Rate Reset Cumulative Green Redeemable Perpetual Preferred Stock. The Series B dividend is $35.972223 per preferred share (including amounts accrued from Dec. 10, 2021 to Dec. 15, 2021), or $70.00 per share of Series B preferred stock on an annualized basis. The Series B dividend is payable on June 15, 2022, to Series B preferred stockholders of record as of June 1, 2022.
About Vistra
Vistra (NYSE: VST) is a leading Fortune 275 integrated retail electricity and power generation company based in Irving, Texas, providing essential resources for customers, commerce, and communities. Vistra combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation. The company brings its products and services to market in 20 states and the District of Columbia, including six of the seven competitive wholesale markets in the U.S. and markets in Canada, as well. Serving nearly 4.3 million residential, commercial, and industrial retail customers with electricity and natural gas, Vistra is one of the largest competitive electricity providers in the country and offers over 50 renewable energy plans. The company is also the largest competitive power generator in the U.S. with a capacity of approximately 39,000 megawatts powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities. In addition, Vistra is a large purchaser of wind power. The company owns and operates the 400-MW/1,600-MWh battery energy storage system in Moss Landing, California, the largest of its kind in the world. Vistra is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors. Learn more about our environmental, social, and governance efforts and read the company's sustainability report at https://www.vistracorp.com/sustainability/.
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In the time of war: On India’s ties with Europe without upsetting Russia
India will have to find a way of building ties with Europe without upsetting Russia
Prime Minister Narendra Modi’s three-nation visit to Europe comes at a time when the continent is facing its biggest security crisis since the end of the Cold War. In Germany, Mr. Modi and Chancellor Olaf Scholz reiterated the partnership between the two countries. Berlin has also announced €10 billion for bilateral cooperation. In Copenhagen, Mr. Modi attended the India-Nordic summit with leaders of Denmark, Norway, Sweden, Finland, and Iceland. In the last leg, the Prime Minister held talks in Paris with French President Emmanuel Macron, who was re-elected recently. While bilateral issues are at the centre of these meetings, the elephant in the room is the Russian invasion of Ukraine. Mr. Modi’s trip comes a few days after the President of the European Commission, Ursula von Der Leyen, visited India. New Delhi’s neutral position on the war has triggered both criticism and engagement from the West. India has seen several high-profile visits from the West, with some top officials pressing New Delhi to cut back on trade with Russia, a traditional strategic partner. Among the Nordic five, Sweden and Finland are now considering dropping their decades-long neutrality and seeking NATO membership.
In Germany, however, both sides showed pragmatism over the Ukraine question. Germany, like India, has deep economic ties with Russia — if for India it is about defence supplies, for Germany, it is for almost 40% of its gas import requirements. While the Russian aggression has prompted Germany to raise its defence spending and join the western sanctions regime, it has been reluctant in sending weapons to Kyiv, compared to other NATO members in Eastern Europe. While Mr. Scholz urged Russian President Vladimir Putin to “stop this senseless murder and withdraw your troops”, Mr. Modi’s response was more measured. He said that no party could emerge victorious and that dialogue was the only way out. India and Germany also unveiled the contours of the next level of their partnership. Germany has said India is its “central partner” in Asia and that close cooperation would continue to expand. Europe is expected to take a more securitised approach to foreign policy from now, given the direction of the Ukraine conflict. In the post-Cold War world when Europe witnessed relative stability, India managed to build strong ties with both the West and Russia. But that era of multi-directional partnerships is facing its strongest test now with the West seeking to “weaken” Russia and Moscow warning of a new world war. The challenge before New Delhi is to build a stronger strategic future with Europe without immediately disrupting its complex but vital partnership with an increasingly isolated, angry Russia.
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BETHESDA, Md. (AP) _ Host Hotels & Resorts Inc. (HST) on Wednesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
The Bethesda, Maryland-based real estate investment trust said it had funds from operations of $279 million, or 39 cents per share, in the period.
The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 26 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $116 million, or 16 cents per share.
The lodging real estate investment trust posted revenue of $1.07 billion in the period, also beating Street forecasts. Eight analysts surveyed by Zacks expected $948 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HST at https://www.zacks.com/ap/HST | https://www.seattlepi.com/business/article/Host-Hotels-Q1-Earnings-Snapshot-17148262.php | 2022-05-04T21:22:24Z | https://www.seattlepi.com/business/article/Host-Hotels-Q1-Earnings-Snapshot-17148262.php | false |
PRINCETON, N.J., May 4, 2022 /PRNewswire/ -- Miami International Holdings, Inc. (MIH) today reported April 2022 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group™), and Minneapolis Grain Exchange (MGEX™).
April 2022 Trading Volume Highlights
- Total U.S. multi-listed options market share for the MIAX Exchange Group reached 14.08% in April 2022, down seven basis points year-over-year (YoY) and representing a 0.5% decrease. The MIAX Exchange Group collectively executed 103.0 million multi-listed options contracts, representing an 8.0% increase YoY and an average daily volume (ADV) of 5,148,552 contracts. Total year-to-date (YTD) volume reached a record 450.6 million contracts, an increase of 7.6% from the same period in 2021.
- MIAX Options reported record YTD volume of 182.7 million contracts, up 25.5% from the same period in 2021, with volume in April 2022 reaching 41.4 million contracts, a 3.7% YoY increase. MIAX Emerald reported record YTD volume of 122.6 million contracts, a 6.0% increase from the same period in 2021, with volume in April 2022 totaling 28.0 million contracts, a 42.1% YoY increase. MIAX Pearl reported YTD volume of 145.1 million contracts, a 7.7% decrease from the same period in 2021, with volume totaling 33.6 million contracts in April 2022, a 6.1% YoY decrease.
- In U.S. equities, MIAX Pearl Equities™ reported monthly volume of 2.5 billion shares in April 2022, representing a 461.2% increase YoY and a record market share of 1.08%. Total YTD volume reached a record 10.1 billion shares, an increase of 426.0% from the same period in 2021. MIAX Pearl Equities also reported a record daily market share of 1.42% on April 27, 2022.
- MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reported trading volume of 245,294 contracts in April 2022, a 23.9% decrease YoY. Total YTD volume reached a record 1,176,385 contracts, an increase of 5.9% from the same period in 2021.
- SPIKES® Futures volume totaled 49,593 contracts in April 2022, a 21.5% increase from the 40,827 contract total in March 2022 and representing an ADV of 2,480 contracts.
Additional MIAX Exchange Group and MGEX volume details are included in the following tables.
About MIAX
MIAX's parent holding company, Miami International Holdings, Inc., owns Miami International Securities Exchange, LLC (MIAX®), MIAX PEARL, LLC (MIAX Pearl®), MIAX Emerald, LLC (MIAX Emerald®), Minneapolis Grain Exchange, LLC (MGEX™), and Bermuda Stock Exchange (BSX™).
MIAX, MIAX Pearl and MIAX Emerald are national securities exchanges registered with the Securities and Exchange Commission (SEC) that leverage MIAX's industry-leading technology and infrastructure to provide U.S. listed options trading to their member firms. MIAX serves as the exclusive exchange venue for cash-settled options on the SPIKES® Volatility Index (Ticker: SPIKE), a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY). In addition to options, MIAX Pearl facilitates the trading of cash equities through MIAX Pearl Equities™.
MGEX is a registered exchange with the Commodity Futures Trading Commission (CFTC) and is a Notice Registered Securities Futures Product Exchange with the SEC. MGEX serves as the exclusive market for a variety of products including Hard Red Spring Wheat, SPIKES Futures, BRIXX™ Commercial Real Estate Futures and TAX Futures. MGEX is a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) under the CFTC, providing DCM, DCO and cash market services in an array of asset classes.
BSX is a fully electronic, vertically integrated international securities market regulated by the Bermuda Monetary Authority (BMA) specializing in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants and insurance linked securities. A full member of the World Federation of Exchanges and affiliate member of the International Organization of Securities Commissions, BSX is globally recognized, including by the SEC.
MIAX's executive offices and National Operations Center are located in Princeton, NJ, with additional offices located in Miami, FL, Minneapolis, MN, and Hamilton, Bermuda.
To learn more about MIAX visit www.MIAXOptions.com.
To learn more about MGEX visit www.mgex.com.
To learn more about BSX visit www.bsx.com.
Disclaimer and Cautionary Note Regarding Forward-Looking Statements
The press release shall not constitute an offer to sell or a solicitation of an offer to purchase any securities of Miami International Holdings, Inc. (together with its subsidiaries, the Company), and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offer; solicitation or sale would be unlawful. This press release may contain forward-looking statements, including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
All third-party trademarks (including logos and icons) referenced by the Company remain the property of their respective owners. Unless specifically identified as such, the Company's use of third-party trademarks does not indicate any relationship, sponsorship, or endorsement between the owners of these trademarks and the Company. Any references by the Company to third-party trademarks is to identify the corresponding third-party goods and/or services and shall be considered nominative fair use under the trademark law.
Media Contact:
Andy Nybo, SVP, Chief Communications Officer
(609) 955-2091
anybo@miami-holdings.com
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CAMBRIDGE, Mass. (AP) _ Sarepta Therapeutics Inc. (SRPT) on Wednesday reported a loss of $105 million in its first quarter.
The Cambridge, Massachusetts-based company said it had a loss of $1.20 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $1.35 per share.
The biopharmaceutical company posted revenue of $210.8 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $203.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SRPT at https://www.zacks.com/ap/SRPT | https://www.seattlepi.com/business/article/Sarepta-Therapeutics-Q1-Earnings-Snapshot-17148206.php | 2022-05-04T21:24:45Z | https://www.seattlepi.com/business/article/Sarepta-Therapeutics-Q1-Earnings-Snapshot-17148206.php | false |
AUSTIN, Texas (AP) _ Upland Software Inc. (UPLD) on Wednesday reported a loss of $22.8 million in its first quarter.
On a per-share basis, the Austin, Texas-based company said it had a loss of 73 cents. Earnings, adjusted for one-time gains and costs, came to 41 cents per share.
The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The maker of cloud-based enterprise work-management software posted revenue of $78.7 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $76.7 million.
For the current quarter ending in July, Upland Software said it expects revenue in the range of $77.5 million to $81.5 million.
The company expects full-year revenue in the range of $313 million to $329 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPLD at https://www.zacks.com/ap/UPLD | https://www.ourmidland.com/business/article/Upland-Software-Q1-Earnings-Snapshot-17148191.php | 2022-05-04T21:25:07Z | https://www.ourmidland.com/business/article/Upland-Software-Q1-Earnings-Snapshot-17148191.php | false |
NEW YORK (AP) — Rapper Kidd Creole, who was a founding member of Grandmaster Flash and The Furious Five, was sentenced Wednesday to 16 years in prison for stabbing a homeless man to death on a New York City street.
The 62-year-old rapper, born Nathaniel Glover, was found guilty of manslaughter last month for the death of John Jolly, who was stabbed twice in the chest with a steak knife in midtown Manhattan in August 2017.
Prosecutors accused Glover of stabbing Jolly after becoming enraged because he thought Jolly was gay and was hitting on him. After stabbing Jolly, who was 55, Glover headed to his workplace nearby, changed his clothes and washed the knife, prosecutors said. Glover was arrested the following day.
“Mr. Jolly’s death was devastating to his family and those who knew him,” Manhattan District Attorney Alvin Bragg said in a news release after the sentencing. “Every life we lose to violent crime ripples throughout our entire city, and we will continue to ensure everyone in our borough can live their lives with the sense of safety and security they deserve.”
The New York Times reports that Manhattan state Supreme Court Justice Michele Rodney appeared to take issue with arguments made by Glover's lawyer, Scottie Celestin, who said during the trial that Glover had felt threatened in part because Jolly was homeless.
“A life is a life is a life,” Rodney said, adding as she sentenced Glover that the killing was not “somehow justified because the person is homeless.”
Celestin said he would appeal the conviction.
Grandmaster Flash and The Furious Five formed in the late 1970s in the Bronx. The group’s best-known song is “The Message” from 1982. They were inducted into the Rock and Roll Hall of Fame in 2007, the first rap group to be included. | https://www.ourmidland.com/entertainment/article/Rapper-Kidd-Creole-sentenced-to-16-years-for-17148147.php | 2022-05-04T21:25:32Z | https://www.ourmidland.com/entertainment/article/Rapper-Kidd-Creole-sentenced-to-16-years-for-17148147.php | false |
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DETROIT (AP) — The Michigan Supreme Court heard arguments Wednesday that could wipe out charges against former Gov. Rick Snyder and eight others in the Flint water scandal, as lawyers challenged a rarely used, century-old method to investigate crimes and file indictments.
It's the most significant attack by the defense in the 16 months since Snyder and others were indicted by Judge David Newblatt, who served as a one-person grand jury in Genesee County with evidence offered in private by the attorney general's office.
People charged with felonies in Michigan typically have a right to a hearing to argue there's not enough evidence to send a case to trial. But the one-person grand jury process doesn't allow it: If a judge decides to indict, the case moves directly to the trial court.
John Bursch, a lawyer for former state health director Nick Lyon, said the constitution's separation of powers is violated when a member of the judiciary decides who gets charged.
“Because a judicial indictment is not only an oxymoron but a structural error, the only proper remedy is dismissal. ... Judges are umpires who call balls and strikes,” Bursch said, quoting U.S. Chief Justice John Roberts. “They are not in the business of throwing the ball or swinging the bat, because to do so changes their role.”
Chief Justice Bridget McCormack seemed most troubled by the one-person grand jury, which was created in 1917 but has rarely been used in recent years, mostly only in Genesee and Wayne counties. She described Bursch's arguments as “compelling.”
“If the judge is just investigating, I don’t hear Mr. Lyon to be complaining about that,” McCormack said. “It's when the judge also gets to make a charging decision, which is an executive branch decision, that the constitutional problems arise, right?”
Nine people, including Snyder, are charged with various crimes tied to the disastrous decision in 2014 to switch Flint's water supply to the Flint River without treating the water to reduce corrosion. As a result, lead contaminated the system for more than a year.
Snyder is facing misdemeanors, not felonies, but the indictment came from Newblatt.
Justice Richard Bernstein wondered if the attorney general's office in such high-profile cases should be doing everything to prevent any perception “that the government is cutting corners.”
Assistant Attorney General Chris Kessel said people charged with crimes don't have a right to choose the process. He said the one-person grand jury was raised by Wayne County prosecutor Kym Worthy as the route to take.
The method compels witnesses to testify in secret or face consequences.
“This was handled correctly. ... If the Legislature wants to create a limiting principle or they want to try to do away with the one-person grand jury, that's an issue for the Legislature,” Kessel said.
Genesee County prosecutor David Leyton has used it in some violent crimes in the Flint area. He said it protects witnesses who fear retaliation if they had to testify in court at a probable cause hearing.
“We can at least get the information we need for charging purposes,” Leyton said.
Justice Elizabeth Clement will not participate because she worked as Snyder's counsel before joining the court.
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Follow Ed White at http://twitter.com/edwritez | https://www.seattlepi.com/news/article/Court-hears-challenge-to-grand-jury-in-Flint-17148133.php | 2022-05-04T21:26:53Z | https://www.seattlepi.com/news/article/Court-hears-challenge-to-grand-jury-in-Flint-17148133.php | false |
ATLANTA (AP) — The main athletic association for Georgia high schools voted Wednesday to ban transgender boys and girls from playing on the school sports teams matching their gender identity, saying instead that students must play on teams that match the sex listed on their birth certificates at birth.
The Georgia High School Association's executive committee, meeting in Thomaston, voted unanimously for the change. It will take effect for the next school year, spokesperson Steve Figueroa said.
Proponents of the ban say transgender girls have an unfair advantage because they were born as stronger males and warn that those born as girls could be denied places on the team or on the podium if playing against transgender girls.
“Everyone should have an opportunity to participate, but the field of play should be fair,” said Cole Muzio, president of the conservative Frontline Policy Council, which lobbied for the action. “GHSA's action today recognizes science, reflects reality and restores fairness.”
Republican Gov. Brian Kemp, running for reelection, embraced a ban. When he signed a bill last week reiterating GHSA's power to ban transgender athletes, Kemp said he wanted to “protect fairness in school sports.”
Opponents said excluding transgender children would send a harmful message to a group that's already vulnerable to suicide or harming themselves.
“To these very vulnerable trans kids who do appear to have substantial mental health issues, they will receive this as a message of rejection," said state Sen. Sally Harrell, an Atlanta Democrat and the mother of a transgender child.
At least 12 Republican-led states have passed laws banning transgender women or girls in sports. Other GOP-led states are considering such bans. Some other states, such as Texas, have banned transgender girls through athletic association policies, as Georgia did.
From 2016 until now, the Georgia association allowed individual schools and school boards to decide what teams transgender students could play on. The association includes public schools and some private schools. GHSA Executive Director Robin Hines said the change just reverts back to the birth certificate rule that existed “forever” before 2016.
“This is focusing on athletic equity and competitive balance,” Hines said.
It's unclear if any transgender students were participating in sports, though. Proponents of a ban listed no specific examples. Hines said he's been told that a few transgender athletes have run in boys cross-country, but said the association does not formally track the issue.
The spotlight swung to GHSA after Georgia lawmakers, unable to agree on a law banning transgender students from playing sports matching their gender identity, passed House Bill 1084 reiterating GHSA’s existing power to regulate the issue.
The last-minute deal was reached after Kemp prodded lawmakers to act on the final night of Georgia's legislative session. The passage of the bill was so rushed that many lawmakers didn't have copies of the text and didn't know what they were voting on.
Opponents said they were surprised that the association acted Wednesday without study, pointing to language in the bill that had seemed to call for a study committee. They said they were open to some kind of regulation, but opposed an outright ban.
“Their actions, to move so hastily and without consideration of the harms that this will do, without actually researching the complexities and nuances of this issue, will ultimately hurt kids throughout Georgia," said Jeff Graham, the executive director of Georgia Equality, a group that advocates for the gay, lesbian, bisexual and transgender community.
Graham suggested that some public school districts whose representatives voted for their policy were defying their own policies that are more welcoming to transgender students. Opponents also warned that a ban could violate Title IX of federal education law prohibiting sex discrimination, an executive order signed by Democratic President Joe Biden that prohibits discrimination based on gender identity in school sports and elsewhere, as well as rulings by federal courts.
Republican House Speaker David Ralston of Blue Ridge had blocked putting the ban in law, but agreed to the compromise. He told reporters moments after the bill passed that he didn't want transgender children “targeted,” and planned to tell GHSA as much.
However, Ralston spokesperson Kaleb McMichen said Wednesday that the House Speaker hadn't talked to the association about the subject.
“We don't have a comment on GHSA's decision — it was theirs to make,” McMichen said.
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Follow Jeff Amy on Twitter at http://twitter.com/jeffamy. | https://www.ourmidland.com/news/article/Georgia-high-school-athletic-group-bans-17148315.php | 2022-05-04T21:27:10Z | https://www.ourmidland.com/news/article/Georgia-high-school-athletic-group-bans-17148315.php | true |
GLEN ALLEN, Va., May 4, 2022 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB), which operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., today announced results for the first quarter of 2022.
Highlights
- Q1 2022 revenue decreased 1.9% compared to record Q1 2021 revenue primarily due to slightly softer demand in line with expectations
- Operating profit was $12.7 million in Q1 2022, including a $10 million insurance recovery related to prior losses associated with the Company's Mexican subsidiaries, compared to $5.3 million in Q1 2021
- Demand for small kitchen appliances remains solid and significantly higher than pre-pandemic levels
- For the full year 2022, Hamilton Beach Brands continues to expect revenue to increase modestly compared to 2021 and operating profit to increase significantly including the insurance recovery
First Quarter 2022 Compared to First Quarter 2021
Total revenue decreased 1.9% to $146.4 million compared to a record $149.2 million due to slightly softer demand industry-wide in line with previously stated expectations. Record revenue in the 2021 first quarter was significantly higher than pre-pandemic levels as well as the Company's historical range. Spending on small kitchen appliances during that period was driven by the benefit of U.S. government stimulus checks and by consumers continuing to shelter and cook at home before Covid-19 vaccines became widely available.
In the 2022 first quarter, revenue in the Company's global commercial market continued to rebound strongly from pandemic-driven softness and increased $6.5 million. Momentum also continued in the Latin American market where revenue increased significantly. In the U.S. and Canadian consumer markets, revenue decreased compared to very strong growth in those markets in last year's first quarter.
Sales of the Company's premium brand products increased 12.9%. Ecommerce sales were approximately flat overall as consumers shop more in stores as the pandemic recedes. In last year's first quarter, ecommerce sales increased 59%. Ecommerce sales accounted for 35% of total Company revenue in both the current and prior-year first quarter.
Gross profit was $28.2 million compared to $31.7 million. Gross profit margin was 19.3% compared to 21.2%, primarily due to a less favorable product and customer mix. Planned price increases that became effective in the first quarter of 2022 offset a significant portion of higher product and transportation costs. However, the Company was not able to fully recover increased shipping container costs, which included the roll-off of expense related to premium rate containers secured by the Company during the fourth quarter of 2021 in order to meet customer commitments and demand.
Selling, general and administrative expenses were $15.4 million compared to $26.4 million. In the 2022 first quarter, the Company recognized $10 million of insurance recovery associated with unauthorized transactions at its Mexican subsidiaries, which were identified in the first quarter of 2020. Compared to prior year, outside services expenses decreased and overall employee-related costs were lower.
Operating profit was $12.7 million compared to $5.3 million, including the insurance recovery.
Other expense (income), net, includes currency losses of $1.8 million compared with currency losses of $0.4 million. This increase was primarily due to the liquidation of the Company's Brazilian subsidiary, which resulted in $2.1 million of foreign currency losses previously recorded in accumulated other comprehensive losses (non-tax deductible) being released into other expense (income), net during the quarter, in line with previously stated expectations.
Net income was $7.2 million, or $0.51 per diluted share, compared to net income of $2.9 million, or $0.21 per diluted share.
Cash Flow and Debt
For the three months ended March 31, 2022, net cash used for operating activities was $20.8 million compared to $1.9 million in the prior year, primarily due to net working capital, which was a use of cash of $24.9 million in 2022 compared to a use of cash of $2.5 million in 2021. In 2022, trade receivables provided net cash of $15.5 million compared to $36.9 million in the prior year, due to the timing of collections and decreased fourth quarter sales in 2021 compared to 2020. Net cash used for inventory and accounts payable combined was relatively flat year over year. Inventory increased compared to the first quarter of 2021 and the year-ended December 31, 2021, primarily due to longer lead times as a result of supply chain and transportation constraints. Additionally, the insurance recovery receivable, which was collected in April 2022, is included in other assets as of March 31, 2022.
Capital expenditures in the first quarter of 2022 decreased to $0.4 million compared to $1.7 million in the first quarter of 2021. The decrease was due to capital spending for the Company's new distribution center in the prior year that did not recur.
At March 31, 2022, net debt, or debt minus cash and cash equivalents, was $118.3 million compared to $101.2 million at March 31, 2021, and $95.7 million at December 31, 2021.
Outlook
Industry demand for small kitchen appliances continues to be solid, higher than pre-pandemic levels, and slightly softer than in 2021. Consumers continue to spend significant amounts of time at home, preparing their own beverages and meals. At-home meal preparation is being driven by new habits formed during the pandemic, a heightened interest in healthy eating and the ability to control portions and ingredients, and as a means to control expenses during inflationary times. The Company is closely monitoring any potential shift in consumer behavior away from the home as well as any potential negative impact on consumer demand for the Company's products due to inflationary pressures. The global commercial market is expected to continue to rebound strongly from pandemic-driven demand softness.
The Company continues to experience rising product and transportation costs due to inflation and continued supply chain constraints. Timing for any easing of these pressures remains uncertain. To mitigate rising costs, the Company implemented pricing initiatives that became effective in the first quarter of 2022 and plans to continue to adjust prices as necessary to offset rising costs, while also remaining competitive with customers and consumers. The Company may not be able to cover all future cost increases with additional pricing initiatives. Even amid these pressures, the Company will continue to focus on managing margins and working capital within historical ranges to the fullest extent possible.
The Company's core business is solid, and it expects continued growth in the premium and global commercial markets. New products in the home health and wellness category are expected to generate revenue as they are launched throughout 2022 and gain momentum. For the full year 2022, Hamilton Beach Brands expects continued progress with its strategic initiatives will enable the Company to deliver modest revenue growth compared to record revenue in 2021. For the first half of 2022, the Company expects a modest decrease in revenue compared to record revenue in the first half of 2021. For the second half of 2022, the Company expects revenue to increase moderately. Full-year operating profit is expected to increase significantly compared to 2021, including the $10 million insurance recovery, mostly driven by the higher revenue. The Company's current outlook could change depending on a number of factors, including retailer acceptance of further price increases to offset rising product and transportation costs, the impact of inflationary pressures and stay-at-home habits on consumer demand, any worsening of supply chain constraints, Covid protocols in China, and the direct or indirect impact of the conflict in Ukraine.
Hamilton Beach Brands is focused on long-term value creation. The Company believes each of its strategic initiatives will provide growth in 2022.
Expand in Home Health and Wellness: This initiative was added in 2021. During the past year, the Company took many steps to prepare for the introduction of new products in 2022 in the air purification, water filtration and home medical categories. During the first quarter of 2022, Hamilton Beach Brands announced progress with this initiative in three key areas:
- Entered into an exclusive multiyear trademark licensing agreement with Brita® and plans to launch a new line of countertop water appliances later this year.
- Introduced the first products in a new line of premium air purifiers under the Clorox® brand name as part of an exclusive multiyear trademark licensing agreement with The Clorox Company along with plans to launch additional new models in the coming months.
- Launched the Smart Sharps Bin® from Hamilton Beach Health® powered by HealthBeacon® in the U.S. home medical market under an exclusive multiyear agreement with HealthBeacon plc.
Gain Share in the Premium Market: New product introductions and digital marketing are expected to drive growth of the Company's premium brand products. The Wolf Gourmet® countertop appliances brand is expected to continue to grow in sales. For the Bartesian® premium cocktail machine, plans are in place to launch Generation 2, which will provide enhanced functionality. Line extensions are under development, including a commercial model, which the Company expects to introduce later this year. The CHI® brand continues to grow as people return to offices to work, engage in more evening and weekend activities, and travel more as the pandemic wanes, driving the sale of garment care products. For the Weston® brand, targeted to gardeners and hunters, new products include meat grinders and slicers, smokers, food dehydrators and vacuum sealers. The Hamilton Beach Professional® line leverages the Company's commercial products expertise for the benefit of home cooks and continues to gain new channel placements.
Lead in the Global Commercial Market: The Company expects to generate additional growth in the global commercial market through product development, digital marketing and increasing customer relationships with regional and global chains.
Drive Core Growth: The Company plans to drive growth of its flagship Hamilton Beach® and Proctor Silex® brands through innovative new product development, including an emphasis on higher priced products, and digital marketing.
Accelerate Digital Transformation: The Company plans to continue to invest in robust digital marketing for all of its brands and markets.
Leverage Partnerships and Acquisitions: The Company is actively engaged in the pursuit of additional trademark licensing agreements, strategic alliances and acquisitions that would drive growth in all of its markets.
Hamilton Beach Brands is a leader in an industry with strong, durable demand. The Company's leading brand and product portfolio covers the broad range of value to luxury markets and more than 50 categories. Hamilton Beach Brands has a long history of innovation and new product development. Its asset light global infrastructure has been enhanced by strategic investments in the past few years. These are all important competitive advantages that are expected to contribute to the Company's financial performance over time.
Conference Call
The Company will conduct an earnings conference call and webcast on Thursday, May 5, 2022, at 9:30 a.m. Eastern time. The call may be accessed by Participant Toll Free Dial-In Number: (833) 227-5844, Participant International Dial-In Number: (647) 689-4071, Conference ID: 9996355. The conference call will also be webcast live on the Company's Investor Relations website at www.hamiltonbeachbrands.com. An archive of the webcast will be available on the website.
About Hamilton Beach Brands Holding Company
Hamilton Beach Brands Holding Company operates through its wholly owned subsidiary Hamilton Beach Brands, Inc., a leading designer, marketer, and distributor of a wide range of branded small electric household and specialty housewares appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach®, Proctor Silex®, Hamilton Beach Professional®, Weston®, TrueAir®, Brightline® and Hamilton Beach Health®. The Company's owned commercial brands include Hamilton Beach Commercial® and Proctor Silex Commercial®. Hamilton Beach Brands licenses the brands for Wolf Gourmet® countertop appliances, CHI® premium garment care products, Clorox® air purifiers, and Brita TM countertop water appliances. Hamilton Beach Brands markets and distributes the Bartesian® premium cocktail delivery system through an exclusive multiyear agreement. Hamilton Beach Brands has entered the home medical market through a multiyear agreement with HealthBeacon plc and is the exclusive marketer and distributor of a smart Injection Care Management System in the U.S. and Canada under the new brand name Hamilton Beach Health®. For more information about Hamilton Beach Brands Holding Company, visit hamiltonbeachbrands.com.
Forward-Looking Statements
The statements contained in this news release that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are made subject to certain risks and uncertainties, which could cause actual results to differ materially from those presented. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Such risks and uncertainties include, without limitation: (1) the Company's ability to source and ship products to meet anticipated demand, (2) the Company's ability to successfully manage ongoing constraints throughout the global transportation supply chain, (3) the unpredictable nature of the COVID-19 pandemic and its potential impact on the Company's business; (4) the direct and indirect impacts of the increasingly volatile global economic conditions as a result of the conflict in Ukraine; (5) changes in the sales prices, product mix or levels of consumer purchases of small electric and specialty housewares appliances, (6) changes in consumer retail and credit markets, including the increasing volume of transactions made through third-party internet sellers, (7) bankruptcy of or loss of major retail customers or suppliers, (8) changes in costs, including transportation costs, of sourced products, (9) delays in delivery of sourced products, (10) changes in or unavailability of quality or cost effective suppliers, (11) exchange rate fluctuations, changes in the import tariffs and monetary policies and other changes in the regulatory climate in the countries in which the Company buys, operates and/or sells products, (12) the impact of tariffs on customer purchasing patterns, (13) product liability, regulatory actions or other litigation, warranty claims or returns of products, (14) customer acceptance of, changes in costs of, or delays in the development of new products, (15) increased competition, including consolidation within the industry, (16) shifts in consumer shopping patterns, gasoline prices, weather conditions, the level of consumer confidence and disposable income as a result of economic conditions, unemployment rates or other events or conditions that may adversely affect the level of customer purchases of HBB products, (17) changes mandated by federal, state and other regulation, including tax, health, safety or environmental legislation, and (18) other risk factors, including those described in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K for the year ended December 31, 2021. Furthermore, the situation surrounding COVID-19, including the mutation of variants, continues to remain fluid globally and the Company continues to manage ongoing challenges associated with the pandemic as they relate to demand, supply and operations. The potential for a material impact on the Company's results of operations, financial condition, liquidity, and stock price remains a risk. The Company cannot reasonably estimate with any degree of certainty any future impact of COVID-19. The extent of any impact will depend on the scope of any new virus mutations and outbreaks, the nature of government public health guidelines and the public's adherence to those guidelines, the rate of individuals becoming fully vaccinated and the public's adherence to guidelines to receive booster shots, the success of business and economic recovery as the pandemic recedes, the easing of pandemic-driven supply chain disruptions, unemployment levels, and the extent to which new lockdowns may be needed or are required in particular countries including China.
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As Wednesday draws to a close in Kyiv and in Moscow, here are the key developments of the day:
The European Union has proposed to cut itself off from Russian oil. The ban would hit at a pillar of Russia's economy by phasing out the import of Russian crude oil to Europe within six months, and refined oil by year's end. Russia is the EU's top supplier of oil, and Germany warned the move could lead to a surge in oil prices. Hungary and Slovakia want exemptions from the oil ban, and the Czech Republic has sought a longer phase-in. The European Commission also moved to disconnect Russia's biggest bank from the international SWIFT system.
Fighting continues at the Azovstal plant, the final holdout of Ukrainian forces in the strategic coastal city of Mariupol. The Russian military has claimed it seized the city, but Ukrainian troops and civilians remain inside the vast bunkers and tunnels under the steel plant. Aid workers are working to evacuate more people from the facility. Dozens who recently escaped the weeks-long siege describe the situation inside.
Russian attacks on Ukrainian infrastructure are targeting the flow of weapons and other supplies. Russia's military claimed its missiles had disabled six Ukrainian railway stations used to ship Western arms to Ukrainian forces in the country's east. The Kremlin has long complained about the West providing arms to Ukraine, and cited that as one of the justifications to launch what it still calls a "special operation" to demilitarize Ukraine.
The Pentagon said Russian attacks on railroads and electricity infrastructure have had "no appreciable impact" on the ability of the U.S. and its allies to deliver aid. Russia is firing roughly 40 to 50 missiles a day into Ukraine, according to a senior U.S. defense official. The strikes are focused on the front-line Donbas region in the east and nearby Mariupol, with some also targeting major hubs such as Lviv in the west and the capital Kyiv.
In-depth
Ukrainian doctors describe delivering babies as Russia shelled the hospital.
How cooking oil prices are affecting the global economy: NPR's Planet Money dips into the war's impact on exports of sunflower and palm oil.
Residents of Kramatorsk in eastern Ukraine are struggling as the city runs out of food and gas. Hear their stories.
As the White House seeks to boost aid to Ukraine, a retired colonel weighs in on the rise of Javelin missiles.
Earlier developments
You can read more daily recaps here. For context and more in-depth stories, you can find NPR's full coverage here. Also, listen and subscribe to NPR's State of Ukraine podcast for updates throughout the day.
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Replacing a fifth of the beef people eat with fungi-based meat alternatives by 2050 could halve deforestation, a study suggests.
Meat from “ruminants” such as cattle contributes to climate change because carbon-storing forests are cut down for grazing land or crops that make up animal feed, while the livestock also produce methane emissions.
As well as dropping meat in favour of more vegetables to cut the climate impact of food, alternatives include plant-based ones such as soybean burgers, cultured meat or animal cells grown in a petri dish, and protein from microbes such as fungi produced in a fermentation process using sugar.
Scientists say this microbial meat alternative – which people can already buy in the shops – is a protein-rich food that can taste and feel like red meat and be as nutritious.
Research by the Potsdam Institute for Climate Impact Research (PIK) modelled the future environmental effects of substituting ruminant meat with microbial protein, taking into account food demand and diets, population growth and land use.
With a growing population and increased meat consumption, more and more forests and other natural vegetation could be cleared for grazing and crop land.
But the projections, published in the journal Nature, show that substituting 20% of ruminant meat consumption per person with microbial protein by 2050 stops the increase in pasture areas needed for livestock grazing.
And while demand for sugar cane as a feedstock for fermentation of the protein increases, the need for animal feed crops is reduced.
The switch would cut annual deforestation and related carbon dioxide emissions by 56% compared with business-as-usual trends, the study estimates.
It would also lower emissions of other greenhouse gases including methane, and nitrous oxide from fertiliser or manure.
Florian Humpenoder, researcher at PIK and lead author of the study, said: “The food system is at the root of a third of global greenhouse gas emissions, with ruminant meat production being the single largest source.”
Switching out beef for microbial protein in the future could considerably reduce the greenhouse gas footprint of the food system, he said.
“The good news is that people do not need to be afraid they can eat only greens in the future.
“They can continue eating burgers and the like, it’s just that those burger patties will be produced in a different way.”
Further increases in microbial protein as an alternative to beef deliver further, but relatively less dramatic, cuts to deforestation and emissions.
There are also concerns about shifting “meat” production from livestock to heated fermentation tanks which require energy for the process.
Co-author Alexander Popp, leader of the land use management group at PIK, said: “A large-scale transformation towards biotech food requires a large-scale decarbonisation of electricity generation so that the climate protection potential can be fully developed.
“Yet if we do this properly, microbial protein can help meat-lovers embrace the change. It can really make a difference.” | https://www.thecourier.co.uk/news/uk-world/3261389/replacing-20-of-beef-with-fungi-alternative-could-halve-deforestation-study/ | 2022-05-04T21:35:27Z | https://www.thecourier.co.uk/news/uk-world/3261389/replacing-20-of-beef-with-fungi-alternative-could-halve-deforestation-study/ | false |
MEXICO CITY, May 4, 2022 /PRNewswire/ -- Volaris (the "Company") (NYSE: VLRS and BMV: VOLAR), the ultra-low-cost airline serving Mexico, the United States, Central, and South America, reports its April 2022 preliminary traffic results.
In April 2022, Volaris' capacity (measured in ASMs) increased 28.1% compared to April 2021, while demand (measured in RPMs) increased 31.6% compared to the same period; the result was a load factor of 84.6% (+2.3 pp YoY). Volaris transported 2.6 million passengers during the month, a 34.6% increase compared to April 2021. Passenger demand (RPMs) in the domestic Mexican and international markets increased 26.8% and 48.3%, respectively, compared to April 2021. Year-to-date, the Company has transported 54.7% more passengers than in the first four months of 2021, with a load factor of 83.8% (+4.4pp YoY).
Commenting on April 2022 traffic figures, Volaris' President and CEO Enrique Beltranena said: "Demand remained strong in April. Volaris demonstrated its ability to adapt to changing demand and gradually pass through rising fuel prices, and we continue growing with sustained traffic volume. This demand strength confirms that we can fill our seats without sacrificing profitability. We will continue to closely monitor our booking trends and remain flexible with our growth plan."
The information included in this report has not been audited, and it does not provide information on the company's future performance. Volaris' future performance depends on many factors. It cannot be inferred that any period's performance or its comparison year over year will indicate a similar performance in the future.
About Volaris:
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 190, and its fleet from 4 to 107 aircraft. Volaris offers more than 500 daily flight segments on routes that connect 44 cities in Mexico and 29 cities in the United States, Central, and South America, with one of the youngest fleets in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, and Central and South America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit www.volaris.com.
Investor Relations Contact
Félix Martínez / Naara Cortés Gallardo / ir@volaris.com
Media Contact
Gabriela Fernández / gabriela.fernandez@volaris.com
View original content:https://www.prnewswire.com/news-releases/volaris-reports-april-2022-traffic-results-32-yoy-demand-growth-with-an-85-load-factor-301540127.html
SOURCE Controladora Vuela Compania de Aviacion, S.A.B. de C.V. - Volaris | https://www.wfmz.com/news/pr_newswire/pr_newswire_stocks/volaris-reports-april-2022-traffic-results-32-yoy-demand-growth-with-an-85-load-factor/article_7e30986b-b11e-57ee-9ac7-52d3aa62d462.html | 2022-05-04T21:40:31Z | https://www.wfmz.com/news/pr_newswire/pr_newswire_stocks/volaris-reports-april-2022-traffic-results-32-yoy-demand-growth-with-an-85-load-factor/article_7e30986b-b11e-57ee-9ac7-52d3aa62d462.html | true |
GREENWICH, Conn. (AP) _ GXO Logistics Inc. (GXO) on Wednesday reported first-quarter net income of $37 million.
On a per-share basis, the Greenwich, Connecticut-based company said it had profit of 32 cents. Earnings, adjusted for amortization costs and restructuring costs, came to 59 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 54 cents per share.
The contract logistics provider posted revenue of $2.08 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $2.06 billion.
GXO Logistics expects full-year earnings in the range of $2.70 to $2.90 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GXO at https://www.zacks.com/ap/GXO | https://www.sfchronicle.com/business/article/GXO-Logistics-Q1-Earnings-Snapshot-17148380.php | 2022-05-04T21:43:36Z | https://www.sfchronicle.com/business/article/GXO-Logistics-Q1-Earnings-Snapshot-17148380.php | true |
RICHMOND, Va. -- The investigation into what caused William Fox Elementary to go up in flames will soon resume now that crews are working to make sure the building is sound and secure.
On Wednesday morning, a group of Fox fathers reclaimed PTA picnic tables that have been sitting unused on the school's lawn for months. While loading the tables up to be taken to Clark Springs seemed like a simple task, it actually represented significant progress.
At the same time, Richmond Public Schools (RPS) began a much larger operation to stabilize the century-old school nearly three months after it was destroyed in a fire.
"It's a huge step," Fox parent, Josh Bennett said. “There's certainly been some anxiety here in the neighborhood, just because for so long, they haven't been able to make any progress on doing demo stuff.”
In the weeks following the fire, parents told the CBS 6 Problem Solvers they were frustrated by a perceived lack of urgency to preserve the building as it remained uncovered and exposed to the elements.
RPS initially said it submitted stabilization permits to the city by March 31. However, the application was incomplete, and the additional papers weren't fully received until April 19, causing a delay in stabilizing the structure.
Now that the city approved a permit, cranes and crews have moved into Fox.
RPS Risk Management Coordinator, Michael Bourne, said the first step in making sure the structure is safe was to remove the cupola which fell from the roof to the second floor during the fire.
"We don't know the weight of it, so we didn't want anything to happen," Bourne said. "And it could've collapsed."
A crowd of onlookers cheered Wednesday morning as a crane lowered the cupola to the ground.
"There's one crane that has a man and a bucket where two men are inside of it to kind of coordinate and hook up the cupola and one crane to pull the cupola out. So it's very intense because it's very heavy," Bourne said. “I’m very happy it came out safe."
The removal of the cupola cleared the way for the Richmond Fire Department (RFD) and the insurance company, VAcorp, to complete their investigations.
"RFD and RPS recognize the importance of transparency and efficiency as the public continues to heal from the fire at Fox, and all agencies remain committed to sharing information in a timely manner," RPS spokesperson, Sarah Abubaker, said.
Bourne added partial asbestos testing results cleared one location that crews are currently working on but additional testing will be conducted as teams move to other parts of the building.
Meanwhile, Bennett said he wants to focus on transitioning his kids to Fox's new temporary home, Clark Springs Elementary.
“It’s going to be a big relief to get back to some normalcy," Bennett said. "To have the kids not only in a classroom setting but then also to have them with after-school programs so parents can get back to work too."
Bennett added parents will get to see the school for the first time Saturday during the annual Strawberry Street Festival which is happening at Clark Springs this year.
"It'll be very important to the kids and the parents," Bennett said. | https://www.wtvr.com/news/local-news/crews-clear-way-for-fox-fire-investigation-to-continue-it-couldve-collapsed | 2022-05-04T21:43:38Z | https://www.wtvr.com/news/local-news/crews-clear-way-for-fox-fire-investigation-to-continue-it-couldve-collapsed | true |
(WJW) – The U.S. Food and Drug Administration (FDA) issued warning letters to five companies Wednesday that sell delta-8, a psychoactive cannabis product.
Delta-8 THC is one of over 100 cannabinoids produced in the Cannabis sativa L. plant, the FDA says, and it has psychoactive and intoxicating effects.
Delta-8 is legal at the federal level because it falls within an approved amount of hemp-derived products allowed in the 2018 Farm Bill. However, there are no FDA-approved drugs containing delta-8 THC, the agency says.
Products containing delta-8 are sold in varying forms, like candy, cookies, gummies, and tinctures.
The warning letters claim the companies are illegally marketing the drugs with a promise of relief for various medical conditions.
“The FDA is very concerned about the growing popularity of delta-8 THC products being sold online and in stores nationwide. These products often include claims that they treat or alleviate the side effects related to a wide variety of diseases or medical disorders, such as cancer, multiple sclerosis, chronic pain, nausea and anxiety,” said FDA Principal Deputy Commissioner Janet Woodcock.
The companies were also warned about what the FDA says is a lack of adequate direction for use.
These are the companies that were sent letters:
Several of the companies were also warned about CBD marketing.
The companies have 15 working days to file a written response on how they will correct the violations. | https://www.conchovalleyhomepage.com/news/us-politics/fda-warns-5-companies-over-delta-8-cbd-sales/ | 2022-05-04T21:46:22Z | https://www.conchovalleyhomepage.com/news/us-politics/fda-warns-5-companies-over-delta-8-cbd-sales/ | false |
RALEIGH, N.C. (AP) _ Bandwidth Inc. (BAND) on Wednesday reported a loss of $6.8 million in its first quarter.
The Raleigh, North Carolina-based company said it had a loss of 27 cents per share. Earnings, adjusted for one-time gains and costs, were 9 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The enterprise software developer posted revenue of $131.4 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $125.7 million.
For the current quarter ending in July, Bandwidth expects its results to range from a loss of 9 cents per share to a loss of 5 cents per share.
The company said it expects revenue in the range of $132.5 million to $134.5 million for the fiscal second quarter.
Bandwidth expects full-year earnings in the range of 10 cents to 14 cents per share, with revenue ranging from $551 million to $557 million.
Bandwidth shares have declined 64% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $26.03, a drop of 79% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BAND at https://www.zacks.com/ap/BAND | https://www.sfgate.com/business/article/Bandwidth-Q1-Earnings-Snapshot-17148298.php | 2022-05-04T21:46:46Z | https://www.sfgate.com/business/article/Bandwidth-Q1-Earnings-Snapshot-17148298.php | false |
IRVING, Texas (AP) _ Pioneer Natural Resources Co. (PXD) on Wednesday reported first-quarter profit of $2.01 billion.
On a per-share basis, the Irving, Texas-based company said it had profit of $7.85. Earnings, adjusted for non-recurring gains, were $7.74 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $7.32 per share.
The independent oil and gas company posted revenue of $6.17 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $5.78 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PXD at https://www.zacks.com/ap/PXD | https://www.mrt.com/business/article/Pioneer-Natural-Resources-Q1-Earnings-Snapshot-17148236.php | 2022-05-04T21:48:40Z | https://www.mrt.com/business/article/Pioneer-Natural-Resources-Q1-Earnings-Snapshot-17148236.php | true |
Orlando Fire Rescue is trying to put out a house fire by Orlando’s SoDo neighborhood that forced its residents, including at least three dogs, out.
Around 3 p.m., Orange County Fire Rescue responded to a call about a fire on East Miller Street. According to Orlando Fire Department’s Twitter page, no injuries have been reported so far. The fire has extended to the attic of the house and is still ongoing.
Wally is okay. No other injuries during this working fire on East Miller Street. Three dogs total are out. Two dogs were rescued by crews with one suffering smoke inhalation. Fire extended into the attic. Fire is still ongoing as of now. pic.twitter.com/sttfsS1afl
— Orlando Fire Dept (@OrlandoFireDept) May 4, 2022
The crew rescued two dogs, and another was able to get out. One of the three dogs was given oxygen for smoke inhalation, according to the agency’s social media post.
Representatives at Orlando Fire Rescue have not yet responded to inquiries from the media.
This is a developing story.
arabines@orlandosentinel.com | https://www.orlandosentinel.com/news/breaking-news/os-ne-fire-orlando-east-miller-street-sodo-rescue-20220504-lrq5nd3cs5gavfp2mshivkkb5q-story.html | 2022-05-04T21:49:19Z | https://www.orlandosentinel.com/news/breaking-news/os-ne-fire-orlando-east-miller-street-sodo-rescue-20220504-lrq5nd3cs5gavfp2mshivkkb5q-story.html | false |
MAIDUGURI, Nigeria (AP) — Islamic extremist rebels have killed at least seven people in an attack in northeast Borno state in Nigeria, witnesses told The Associated Press on Wednesday.
The rebels attacked Kautukari village in the Chibok area of Borno on Tuesday evening, said residents. The attack happened at the same time that U.N. Secretary-General Antonio Guterres was in the state to meet with survivors of jihadi violence.
The Chibok area is 115 kilometers (71 miles) away from Maiduguri, the state capital, where Guterres met with former militants being reintegrated back into the society and thousands of people displaced by the insurgency.
“They came in large number with superior firepower (and) took over the community,” said Hassan Chibok, a community leader. Troops from a nearby military base were deployed to repel the attack but “the damage had been done,” Chibok said, adding that “casualties are up to 10.”
Another resident Yana Galang said at least seven people were killed in the latest violence before the Nigerian military intervened.
Nigerian police did not immediately respond to a request for confirmation of the attack.
Nigeria, Africa’s most populous country with 206 million people, continues to grapple with a 10-year-old insurgency in the northeast by Islamic extremist rebels of Boko Haram and its offshoot, the Islamic State West Africa Province. The extremists are fighting to establish Shariah law and to stop Western education.
More than 35,000 people have died and millions have been displaced by the extremist violence, according to the U.N. Development Program.
Nigerian President Muhammadu Buhari said earlier this week that the war against the extremists is “approaching its conclusion,” citing continued military airstrikes and the mass defection of thousands of the fighters, some of whom analysts say are laying down their arms because of infighting within the jihadi group.
The violence however continues in border communities and areas closer to the Lake Chad region, the stronghold of the Islamic State-linked group, ISWAP.
“Things are getting worse” in Kautukari village in Chibok and adjourning areas closer to the forest, said community leader Chibok, saying the extremists’ presence near the forest is a contributing factor. | https://www.krqe.com/news/world/extremist-rebels-launch-deadly-attack-in-northeast-nigeria/ | 2022-05-04T21:49:32Z | https://www.krqe.com/news/world/extremist-rebels-launch-deadly-attack-in-northeast-nigeria/ | false |
Tigers take advantage of miscues, edge Pirates, 3-2
DETROIT (AP) - Willi Castro and Akil Baddoo scored on third baseman Ke´Bryan Hayes´ two-out error during Detroit's three-run fifth inning, and the Tigers edged the Pittsburgh Pirates 3-2 on Wednesday in the first game of a doubleheader.
The Tigers finished with just three hits, but they scored three unearned runs on their way to their second victory in nine games. Alex Lange (1-1) got two outs for the win, and Gregory Soto worked the ninth for his fourth save.
Detroit's bullpen, which entered the game with a major league-best 1.97 ERA, tossed 4 2/3 scoreless innings.
"We have a great bullpen," starting pitcher Michael Pineda said. "They did a very good job of holding the game. We're excited to have a bullpen like that because we can win a lot of games."
Dillon Peters pitched 3 1/3 innings for Pittsburgh, stretching his season-long scoreless streak to 16 2/3 innings. Bryse Wilson (0-1) struck out six in 3 2/3 innings, but was charged with the loss.
"We´ve got a long few days ahead of us and I just wanted to get out there and just attack them early, and get ahead early," Peters said. "And I thought Bryse and I - Wil (Crowe), too - did a great job getting ahead of those guys and keeping them on their heels."
Detroit Tigers center fielder Derek Hill, right, greets second baseman Jonathan Schoop after the ninth inning in the first baseball game of a doubleheader against the Pittsburgh Pirates, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio)
The Pirates lost for the sixth time in seven games.
Pittsburgh took a 2-0 lead in the fifth on Ben Gamel's two-run triple off Lange.
Detroit responded in the bottom half. Jeimer Candelario led off with a double and Castro reached on an error by shortstop Cole Tucker.
Baddoo's one-out walk loaded the bases. Robbie Grossman knocked in the Tigers' first run with a sacrifice fly. Hayes then booted Javier Báez's bouncer, allowed two more runs to score.
EL MAGO
Báez turned in some nifty defense at shortstop, including a memorable play while positioned to the right of second base in a shift against Bryan Reynolds.
Báez dove to his right to stop Reynolds' grounder, and then flipped the ball with his glove between his legs to Candelario to force out Gamel at second base.
"I was almost jumping around on the mound. It's exciting to see Javy make a play like that," Pineda said. "I love to see Javy play the game because the way he plays, everybody loves it. He plays really hard and we're excited to have him here."
TRAINER'S ROOM
Tigers: LHP Tyler Alexander had an MRI that confirmed an elbow sprain and no structural damage. He's on the 15-day injured list.
ROSTER MOVES
The Pirates activated left-hander Anthony Banda from the 10-day injured list and optioned lefty Aaron Fletcher to Triple-A Indianapolis. ... Pittsburgh added lefty Aaron Fletcher as the 27th man for the second game of the doubleheader, while Detroit added right-hander Alex Faedo. ... Tigers catcher Dustin Garneau, who was designated for assignment, cleared waivers and was outrighted to Triple-A Toledo.
UP NEXT
Pirates: LHP José Quintana (0-1, 3.32 ERA) will start Game 2 of the doubleheader. The veteran left-hander is 6-5 with a 4.73 ERA in 21 career appearances against Detroit.
Tigers: Faedo will make his major league debut in Game 2. Faedo, who missed last season after undergoing Tommy John surgery, was called up from Triple-A Toledo after tossing five scoreless innings with eight strikeouts against Omaha in his last start.
___
More AP MLB: https://apnews.com/MLB and https://twitter.com/AP_Sports
Detroit Tigers relief pitcher Gregory Soto reacts after striking out Pittsburgh Pirates' Roberto Perez during the ninth inning in the first baseball game of a doubleheader, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio)
Pittsburgh Pirates' Daniel Vogelbach walks away from home plate umpire Jordan Baker after striking out during the ninth inning in the first baseball game of a doubleheader against the Detroit Tigers, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio)
Pittsburgh Pirates' Daniel Vogelbach listens to home plate umpire Jordan Baker after striking out during the ninth inning in the first baseball game of a doubleheader against the Detroit Tigers, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio)
Detroit Tigers relief pitcher Gregory Soto throws during the ninth inning in the first baseball game of a doubleheader against the Pittsburgh Pirates, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio)
Detroit Tigers' Javier Baez connects for a two-run single during the fifth inning in the first baseball game of a doubleheader against the Pittsburgh Pirates, Wednesday, May 4, 2022, in Detroit. (AP Photo/Carlos Osorio) | https://www.dailymail.co.uk/wires/ap/article-10783449/Tigers-advantage-miscues-edge-Pirates-3-2.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-04T21:50:21Z | https://www.dailymail.co.uk/wires/ap/article-10783449/Tigers-advantage-miscues-edge-Pirates-3-2.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
WASHINGTON (AP) — The oldest son of former President Donald Trump has met with the congressional committee investigating the Jan. 6, 2021, insurrection at the U.S. Capitol, according to two people familiar with the matter.
The interview Tuesday with Donald Trump Jr. comes as the bipartisan House committee moves closer to the former president's inner circle of family members and political advisers.
The younger Trump is of likely interest to the committee because of his proximity to his father on the day of the riot. Donald Trump Jr. was seen backstage at the rally on the White House Ellipse that took place shortly before supporters of the then-president marched to the Capitol and breached the building.
In several social media videos posted at the time of the Jan. 6 attack, Trump Jr. was seen with Kimberly Guilfoyle — then his girlfriend, now his fiancee — and other members of his family as his father prepared to make a speech that investigators believed rallied supporters to act violently that day.
The House committee has also released text messages from Jan. 6 in which Trump Jr. pleaded with the White House to get his father to forcefully condemn the riot.
“We need an Oval address. He has to lead now. It has gone too far and gotten out of hand,” Trump Jr. wrote to then-White House chief of staff Mark Meadows.
Trump Jr. is one of nearly 1,000 witnesses the committee has interviewed as it works to compile a record of the worst attack on the Capitol in more than two centuries. He is the second of Trump’s children known to speak to the committee; sister Ivanka Trump sat down with lawmakers for eight hours in early April. Her husband, Jared Kushner, has also been interviewed by the committee.
Other allies of the former president have defied subpoenas from the committee and been referred to the Justice Department for potential prosecution on contempt of Congress charges. One of them, Stephen Bannon, was indicted last year after he refused to cooperate. That case is pending.
The committee of seven Democrats and two Republicans is looking to wrap up its nearly 11-month investigation and shift into the public hearing phase. Hearings are set to begin June 9 and go on for four weeks. Lawmakers expect to bring out witnesses and present evidence in an effort to educate the public on the full scope of the attack and Donald Trump’s role in it.
Trump Jr. is no stranger to congressional investigations, having testified at least three times in House and Senate investigations of Russian interference in the 2016 presidential election.
The two people who confirmed Trump Jr.’s interview with the Jan. 6 committee were granted anonymity to discuss the private session, which was not announced by the committee.
____
Associated Press writer Farnoush Amiri contributed to this report. | https://www.theintelligencer.com/news/article/AP-sources-Donald-Trump-Jr-speaks-with-Jan-6-17148292.php | 2022-05-04T21:50:41Z | https://www.theintelligencer.com/news/article/AP-sources-Donald-Trump-Jr-speaks-with-Jan-6-17148292.php | false |
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7 Days | https://www.krgv.com/gallery-videos/noon-weathercast-may-4 | 2022-05-04T21:51:15Z | https://www.krgv.com/gallery-videos/noon-weathercast-may-4 | false |
Which 2-quart casserole dish is best?
For smaller households of one or two people, you may not need cookware to make large batches of food. A 2-quart casserole dish holds a few servings of your favorite lasagna or brownie recipe. It’s also the perfect size to make sides to bring to a gathering.
When buying a smaller casserole dish, you’ll find that you’re not limited in options. For instance, there are glass and ceramic ones, oval-shaped dishes and square ones. For ceramic bakeware with a lid, FE Casserole Dish is the top choice.
What to know before you buy a 2-quart casserole dish
Casserole dishes are made from a variety of oven-safe materials.
Glass
Glass casserole dishes are classic and affordable. They are thick glass that retains heat well, meaning your food will keep warm when you remove the dish from the oven. Glass dishes are non-toxic, BPA-free and dishwasher-safe. They also are non-reactive to acidic ingredients, like tomatoes, so you can bake your favorite lasagna recipe in them.
Ceramic
If you’re baking a recipe that requires a higher baking temperature, a ceramic casserole dish can withstand more heat than other cookware materials. Another benefit of ceramic is that you can place it in the refrigerator, microwave and freezer safely. It’s also non-stick, making it easier to clean, and many ceramic casserole dishes are dishwasher-safe. The downside is that ceramic is heavy and pricey.
Cast iron
Casserole dishes made of cast iron are extremely heavy but highly versatile. You can use them in the oven and on the stovetop for cooking a whole range of recipes. The material is highly durable and conducts heat well. Your cast-iron dish can last a lifetime if properly maintained. Cast-iron cookware requires special care, including seasoning with unsaturated fat like avocado oil or vegetable oil.
Porcelain enamel
This lightweight ceramic material comes in various patterns and colors, making it the most attractive oven-safe cookware. Porcelain enamel casserole dishes can double as a serving dish after taking it out of the oven. They also clean easily and are resistant to stains. The downside is that porcelain enamel can chip and doesn’t retain heat well.
What to look for in a quality 2-quart casserole dish
Stovetop-safe
You can place certain casserole dishes on your stovetop. If you want to cook soup or stew in your casserole dish, look for a stovetop-safe one, ideally with a lid. You can use your dish as you would a regular pot or pan.
Lids
Many casserole dishes come with a snug-fitting lid. Oven-safe lids can help prevent your food from burning while it’s baking. Some dishes come with lids that are designed for storage so you can put your leftovers in the fridge. These lids often are plastic. Before you use a lid for baking, make sure it’s oven-safe.
Handles
A casserole dish with handles makes it easier to remove from the oven as well as transport to the table or to a party. The majority of casserole dishes come with two handles placed on opposite ends of the dish. Some handles are ergonomic for a better grip and lifting.
Shape
You can find 2-quart casserole dishes in a variety of shapes.
- Rectangular ones are longer than they are wide, with dimensions of 9 by 7.5 inches. This shape is perfect for small casseroles, lasagnas or a roast.
- Square ones are 8 by 8 inches and also work for small casseroles, roasts and deserts.
- Round ones are around 8 inches in diameter. You can use them for certain baked goods, soups, stews and rice dishes.
- Oval ones are wider than round ones but you can also use them for stews, soups, rice dishes and roasting meats.
How much you can expect to spend on a 2-quart casserole dish
Glass 2-quart casserole dishes cost $10-$18. Two-quart ceramic and porcelain enamel ones cost $20-$50. Cast-iron casserole dishes cost $15-$30 for a 2-quart size.
2-quart casserole dish FAQ
What is a casserole dish exactly?
A. A casserole dish is a wide and low pan or pot that you can place in the oven. Its sides are straight and some come with a tight-fitting lid. The dish is often used for serving the food it cooked. “Casserole” is the name for the food traditionally baked in these dishes and is typically the combination of a protein (meat or beans), chopped vegetables and a starchy binder, such as pasta or potatoes.
What can I cook in my 2-quart casserole dish besides casseroles?
A. Other popular uses of casserole dishes are for roasting chickens and cuts of meat, lasagna, macaroni, cakes and brownies. Stovetop-safe dishes are great for making stews and soups.
What’s the best 2-quart casserole dish to buy?
Top 2-quart casserole dish
What you need to know: This ceramic, lidded dish is a beautiful addition to any kitchen or potluck.
What you’ll love: The embossed exterior has a homey, traditional look and the glaze comes in three colors. For ceramic, this dish isn’t too heavy. It’s microwave- and dishwasher-safe. The handles are a great size for holding with or without oven mitts. The material and lid keep food warm.
What you should consider: Though it’s round and lidded like a pot, this casserole dish is not safe to use on the stovetop.
Where to buy: Sold by Amazon
Top 2-quart casserole dish for the money
Pyrex Easy Grab 2-Quart Glass Casserole Dish with Lid
What you need to know: For an affordable casserole dish, this glass one is a solid purchase.
What you’ll love: The rectangular dish is sturdy and has well-built handles. The lid is glass instead of plastic, which means you can use it in the oven. It can be stored in the fridge or freezer and is microwave-safe.
What you should consider: There are minor but serious reports of the glass shattering from heat.
Where to buy: Sold by Amazon
Worth checking out
OXO Good Grips Glass 2-Quart Baking Dish with Lid
What you need to know: This square dish is the perfect size for making brownies or a casserole for two.
What you’ll love: The glass can be put in the oven, fridge, freezer or microwave. The lid is great for transporting your baked goods to a potluck or party. The glass is nontoxic and BPA-free, making it safe for storage and heating.
What you should consider: The plastic lid is only for storage and cannot go in the oven.
Where to buy: Sold by Amazon
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Ana Sanchez writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.krqe.com/reviews/br/kitchen-br/bakeware-baking-tools-br/best-2-quart-casserole-dish/ | 2022-05-04T21:51:43Z | https://www.krqe.com/reviews/br/kitchen-br/bakeware-baking-tools-br/best-2-quart-casserole-dish/ | false |
WFO RENO Warnings, Watches and Advisories for Thursday, May 5, 2022
_____
SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service RENO NV
158 PM PDT Wed May 4 2022
...MORE WINDY DAYS ON THE WAY, WITH COLDER TEMPERATURES AND
RAIN/SNOW SHOWERS FOR MOTHER'S DAY WEEKEND...
--Thursday and Friday--
* A pair of systems brushing through the region will bring gusty
winds both days. Winds will bring travel difficulties both in
the air and on the ground. Travel restrictions for high profile
vehicles are possible. Check with CalTrans/NDOT for the current
road information.
* Patchy blowing dust is possible both afternoons downwind of dry
lake beds and sinks, especially in portions of Mineral county.
This may locally reduce visibility.
--Mother's Day Weekend into Early Next Week--
* It will remain breezy throughout the weekend, with a secondary
max in wind speeds on Sunday due to a strong cold front. This
front will usher in a much colder air mass and high temperatures
on Mother's Day will be 15-20 degrees below normal.
* There will be rain and snow showers with the front, but again,
liquid amounts will be minimal. There are solid chances for snow
levels to fall to all valley floors by Sunday evening, which may
catch many off guard, though it is hard to get snow to stick to
roadways in lower elevation valleys this late in the spring.
* Well below normal temperatures and chances for light showers
will continue into Monday and Tuesday next week. While still
some uncertainty due to winds and cloud cover, it's possible we
could have frost and freeze concerns Sunday and Monday nights.
winds both days, with even stronger winds possible on Friday.
Winds will bring travel difficulties both in the air and on the
ground. Travel restrictions for high profile vehicles are
possible. Check with CalTrans/NDOT for the current road
information. Please see the latest hazard text products for the
latest information on anticipated wind speeds.
* Area of blowing dust are possible both afternoons downwind of
the Carson Sink, possibly affecting portions of I-80, US 50, and
Highway 95. In addition, backcountry and ski recreation could
be impacted along with choppy conditions on area lakes.
* A few light showers with minimal liquid totals are possible in
far northern Nevada and northeast California.
_____
Copyright 2022 AccuWeather | https://www.sfchronicle.com/weather/article/CA-WFO-RENO-Warnings-Watches-and-Advisories-17148365.php | 2022-05-04T21:51:45Z | https://www.sfchronicle.com/weather/article/CA-WFO-RENO-Warnings-Watches-and-Advisories-17148365.php | false |
The Supreme Court’s apparent intention toabolish a nationwide right to abortion, spelled out in a draft opinion leaked this week, will expand the battlefield of the nation’s most highly charged culture war, taking it to states where abortion access has long been assured.
Democrats in blue states are bracing for a wave of legal attacks and other maneuvers seeking to undermine access, and some are even taking steps to enshrine the right to abortion in their constitutions, making it much more difficult to impose a ban in the future.
Republican states are expected to ban or restrict abortion, but tactics also could include an aggressive effort to go beyond their borders to sue abortion providers and find other ways to punish those who assist a woman in securing an abortion.
The potential to roll back established abortion rights already has emerged in states with divided political control, including Pennsylvania and Virginia. California and Colorado are pushing to protect abortion access in their constitutions, a stronger step than passing a law. Connecticut and Washington state have already taken steps to shield providers from possible lawsuits as they anticipate women seeking abortions would cross state lines.
“We will not allow the tentacles of Texas to get into Washington state,” said Democratic Gov. Jay Inslee, who vowed to make Washington a sanctuary for those seeking abortion.
Oregon lawmakers included $15 million in their state budget to help pay for people to travel to the state to get abortions and California has a similar bill.
The rhetoric on both sides points to a growing fight over access, with anti-abortion advocates hoping to shrink the number of states where the procedure remains legal if Roe is overturned. Roughly half of U.S. states are expected to move quickly to ban or greatly restrict abortion if that happens.
A new law in Idaho, currently blocked by the state Supreme Court, would allow family members of all involved to sue abortion providers, an example of the tactics to come.
“The next chapter of the conflict is really going to be about essentially what happens with interstate conflicts,” said Mary Ziegler, a legal historian at Florida State University’s law school.
Many states with one-party control of government already have chosen their side. The handful of states with divided politics are up for grabs.
In Pennsylvania, abortion is legal under state law for the first 24 weeks of pregnancy. The law’s survival is on the line in this year’s race for governor.
Gov. Tom Wolf, a Democrat who has vetoed recent legislation restricting abortion, is not running because of term limits. The race to replace him is between a similarly minded Democrat, state Attorney General Josh Shapiro, and a primary field of nine Republicans who all say they would sign restrictions passed by the Legislature, which is likely to remain under GOP control.
One Republican candidate, state Sen. Doug Mastriano, supports a ban at six weeks of pregnancy without exceptions for rape, incest or saving the life of the mother.
“There is one way and one way only for us to ensure that women have the legal right to continue to make decisions over their own bodies in Pennsylvania and that is winning this governor’s race,” Shapiro said during a conference call with reporters this week.
In North Carolina, Gov. Roy Cooper and other state Democrats have framed the November election as one in which they must prevent the GOP from winning back veto-proof majorities in the Legislature. With every seat up for election in November, Republicans need to gain five seats to restore that control.
“Republicans in our state are on the verge of gaining veto-proof supermajorities in Raleigh. If they succeed, you can add North Carolina to the list of states that will ban abortions,” Cooper, who has vetoed efforts to limit abortion since 2019, said in a recent fundraising letter.
Campaigns for two state Supreme Court seats are expected to be even more intense because the court could hear challenges to any new abortion restrictions. Democrats currently hold four of the seven seats, including two on the ballot this year.
Republican Party Chairman Michael Whatley said in a release that the balance of the General Assembly and the Supreme Court “has never been more important” to ensure that “pro-life majorities” are in charge in a post-Roe future.
The potential to undermine abortion access also is surfacing in Virginia, where Democrats lost their total hold on state government last November when Republicans flipped the House of Delegates and won the governor’s office. Democrats control the state Senate by only one vote and have one caucus member who opposes abortion and has indicated an openness to new restrictions.
Gov. Glenn Youngkin describes himself as “pro-life,” though he has said he supports exceptions in cases of rape, incest or to save a woman’s life. He said this week that it was premature to speculate on what the Supreme Court’s final decision would be or how he and lawmakers might proceed.
In Minnesota, where control of the legislative chambers is divided between the parties, two anti-abortion amendments to a health and human services bill narrowly failed on procedural votes in the Democrat-controlled House. Democratic Gov. Tim Walz vowed in an email to supporters this week that “no abortion ban will ever become law” as long as he’s governor; the Republican candidates vying to challenge his re-election bid all support a ban.
Michigan and Wisconsin, states with Democratic governors and legislatures controlled by Republicans, have pre-Roe abortion bans in state law. Michigan’s governor already has filed a legal challenge to the law, while Wisconsin’s attorney general, Democrat Josh Kaul, said he expects litigation as well.
“(The) ban wasn’t just dormant,” he said. “It was unconstitutional for 50 years.”
Some deeply Democratic states are moving quickly to try to shore up abortion rights. California Gov. Gavin Newsom and top Democratic leaders in the Legislature committed to asking voters to “enshrine the right to choose” in the state constitution, steps also in the works in Vermont and Colorado.
California already has some of the most expansive abortion protections in the country. But legislative leaders say the amendment would make it much harder to repeal those protections should the political winds change and future lawmakers seek to impose restrictions.
Democrats also believe it would shield the state from any adverse state court decisions or federal abortion bans if Republicans were to win control of Congress.
“The unimaginable can happen,” said state Sen. Nancy Skinner, a Democrat from Berkeley. “Unless we are explicit about what we are protecting … some day some court could interpret privacy as not including my right to an abortion. And that’s what we’re trying to protect against.”
Colorado Democrats and advocates say they will seek a ballot measure in 2024 to enshrine abortion access in the constitution and repeal a 1980s constitutional amendment that bans public funding for abortion.
Democratic House Majority Leader Daneya Esgar said an amendment is needed “because state legislatures can change, and depending on who has the majority, they can write into law their ideologies. This is fundamental for Colorado women, no matter who’s in charge.”
___
Whitehurst reported from Salt Lake City, Ramer reported from Concord, New Hampshire, and Kruesi reported from Nashville, Tennessee. Associated Press statehouse reporters around the country contributed to this report. | https://phl17.com/news/ap-top-headlines/new-round-of-state-abortion-battles-winding-up-after-draft/ | 2022-05-04T21:52:50Z | https://phl17.com/news/ap-top-headlines/new-round-of-state-abortion-battles-winding-up-after-draft/ | false |
Biden says he’s considering canceling some student debt, but not $50K
President Joe Biden may be closer to canceling some student debt, but it likely won’t be as much as some Democrats had hoped.
"I am considering dealing with some debt reduction," Biden told reporters at the White House Thursday. "I am not considering $50,000 debt reduction."
On the campaign trail, Biden talked about canceling $10,000 worth of student loan debt per borrower. While he has since asked Congress to pass a bill to cancel that debt, he has also not ruled out doing so through executive action. Now, borrowers could soon have an answer on the president’s plan for debt forgiveness.
"I am in the process of taking a hard look at whether or not there will be additional debt forgiveness and I will have an answer on that in the next couple of weeks," Biden said.
Private student loans won't be eligible for a federal debt forgiveness plan, but borrowers could consider refinancing to lower their monthly payments. You can visit Credible to find your personalized interest rate in minutes without affecting your credit score.
BIDEN MORE OPEN TO CANCELING STUDENT DEBT 'THAN EVER BEFORE,' SCHUMER SAYS
Psaki says Biden will make a decision before payment pause ends
Since taking office, the president has forgiven more than $17 billion in student loans for borrowers who qualify for certain programs such as Public Service Loan Forgiveness, according to the Department of Education.
He has also extended the federal student loan payment pause several times, with it currently set to expire on August 31st. While Biden at this point has not issued widespread cancellation, the White House said it expects to have an answer before the payment pause expires.
At the White House press briefing last week, press secretary Jen Psaki said the president is considering student loan cancellation and will soon have an answer. She said that Biden "would make a decision about any cancellation of student debt before the conclusion of that pause on student loans."
If you have private student loans and don't qualify for federal forgiveness programs, you could consider refinancing to save on your monthly payment. Visit Credible to compare multiple student lenders at once and choose the one with the best interest rate for you.
BIDEN ANNOUNCES STUDENT LOAN PAYMENT PAUSE EXTENSION: WHAT BORROWERS CAN DO NOW
How to manage your student loans amid forgiveness uncertainty
While federal borrowers await the Biden administration’s decision on student loan forgiveness, now is a good time to prepare for payments to resume in a few months.
"The Department of Education is committed to ensuring that student loan borrowers have a smooth transition back to repayment," Secretary of Education Miguel Cardona said when the payment pause was announced. "This additional extension will allow borrowers to gain more financial security as the economy continues to improve and as the nation continues to recover from the COVID-19 pandemic.
"During the pause, we will continue our preparations to give borrowers a fresh start and to ensure that all borrowers have access to repayment plans that meet their financial situations and needs," Cardona continued.
However, private student loan borrowers aren't eligible for federal protections, so they don’t qualify for the payment pause and won’t qualify for any federal student debt cancellation.
But there are steps that private student loan borrowers can take to keep their monthly payments down, such as refinancing to a lower interest rate. To see if this is the right option for you, you can contact Credible to speak to a student loan expert and get all of your questions answered.
Advertisement
Have a finance-related question, but don't know who to ask? Email The Credible Money Expert at moneyexpert@credible.com and your question might be answered by Credible in our Money Expert column. | https://www.fox29.com/money/biden-considers-canceling-some-student-debt | 2022-05-04T21:53:50Z | https://www.fox29.com/money/biden-considers-canceling-some-student-debt | false |
The commander of the main defending force at the Azovstal steel mill in the strategic Ukrainian port city of Mariupol says Russian troops have broken into the territory of the mill, where limited evacuations of besieged civilians occurred last week.
The Russian government, meanwhile, pledged to facilitate humanitarian corridors from Thursday through Saturday to enable more evacuations.
In a video posted Wednesday, Denys Prokopenko, commander of the Ukrainian Azov regiment, said the incursions had continued a second day “and there are heavy, bloody battles.”
Azovstal remains one of the biggest hubs of Ukrainian military resistance and has been subjected to massive Russian aerial bombardments and shelling. Russian State TV showed smoke rising over Azovstal.
Hundreds of Ukrainian forces from different parts of the army, as well as civilians, remain in the plant’s underground shelters.
___
KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR: — AP evidence points to 600 dead in Mariupol theater airstrike
— EU takes major step toward Russian oil ban, new sanctions
— Russia storms Mariupol steel plant as some evacuees reach safety
— Pope Francis struggles to make progress in Ukraine peace effort
— EU eyes sanctions for head of the Russian Orthodox Church
Follow all AP stories on Russia’s war on Ukraine at https://apnews.com/hub/russia-ukraine
___
OTHER DEVELOPMENTS:
Sweden’s foreign minister says the United States is willing to provide “security assurances” during the application period if Sweden and neighboring Finland seek membership in NATO.
Ann Linde spoke to Swedish public broadcaster SVT on Wednesday from Washington after meetings with U.S. Secretary of State Antony Blinken and members of the Senate Committee on Foreign Relations.
Linde said there is great interest from the U.S. in Sweden and Finland joining NATO.
Jolted by Russia’s invasion of Ukraine, Sweden and Finland appear ready to revoke their long-standing policy of military non-alignment and apply for NATO membership.
Russia has warned of unspecified consequences if that happens and both countries have been looking for some form of NATO protection from the moment they apply to when they become members, a process that can take months.
___
A Russian government statement said its armed forces and their allies would open a humanitarian corridor on specified hours from Thursday through Saturday from the Azovstal steel mill in Mariupol, Ukraine, so civilians can be evacuated.
The statement appeared on the Telegram messaging app Wednesday and pledged the forces would refrain from military actions, withdraw to a safe distance and facilitate the withdrawal of the civilians to any destination they choose.
But there was no immediate confirmation of those arrangements from other sources and similar promises to set up evacuation corridors have collapsed, because of what the Ukrainians blamed on continued fighting by Russians. A United Nations spokesman said discussions about future evacuations were ongoing.
___
Air raid sirens sounded in cities across Ukraine on Wednesday night and missile fire followed shortly after in the cities of Cherkasy, Dnipro and Zaporizhzhia.
In Dnipro, Mayor Borys Filatov said one strike hit the center of the city. The strikes in Dnipro also hit a railroad facility, authorities initially said, without elaborating. Ukrainian Railways said none of its staff were injured in the Dnipro attack.
Complaining that the West is “stuffing Ukraine with weapons,” Russia bombarded railroad stations and other supply-line points across the country. Meanwhile, the European Union moved to further punish Moscow for the war by proposing a ban on oil imports, a crucial source of revenue for Russia.
___
BERLIN — German Chancellor Olaf Scholz says the sanctions imposed by his country and others against Moscow over its war in Ukraine will set back Russia’s economic development by decades if they remain in place.
Scholz told reporters in Berlin on Wednesday that Russia cannot hope to win a peace with Ukraine unless Kyiv supports it.
“A peace by diktat will not work,” he said.
___
In a video message posted on Twitter, Ukraine’s Foreign Minister Dmytro Kuleba welcomed the European Union’s decision to propose an embargo on Russian oil. He said Ukraine isn’t happy it will be delayed for several months, but “it’s better than nothing.”
Kuleba said it should be clear now “that times for half-sanctions or half-measures when it comes to sanctions is gone.” He says the EU can no longer support Ukraine on one hand by imposing sanctions, while continuing to pay Russia for oil and gas and support their “war machine.”
He also said if any country continues to oppose the embargo on Russian oil, it will be a reason to say the country is complicit in the crimes committed by Russia in Ukraine.
The proposals need unanimous approval from EU countries and are likely to be the subject of fierce debate. Hungary and Slovakia have already said they won’t take part in any oil sanctions. They could be granted an exemption.
___
BUDAPEST, Hungary — Hungary’s foreign minister says the country won’t support a European Union proposal for banning oil imports from Russia in a move that could derail the bloc’s efforts to apply united pressure against Moscow over its war in Ukraine.
In a video on social media, Hungarian Foreign Minister Peter Szijjarto said Wednesday that Hungary’s energy supply “would be completely destroyed” by an EU embargo of Russian oil, which he said would make it “impossible for Hungary to obtain the oil necessary for the functioning of the Hungarian economy.”
Szijjarto’s statement came as European Commission President Ursula von der Leyen proposed that EU member nations phase out imports of crude oil within six months and refined products by the end of the year as part of a sixth package of sanctions against Russia.
The proposals must be unanimously approved to take effect, and reluctance by governments in Hungary and Slovakia to support sanctions against Russian fossil fuels has placed roadblocks before a united EU response.
Szijjarto said Hungary would only support the sixth round of sanctions if oil imports were exempted.
___
LONDON — Britain announced a further raft of sanctions against Russia, banning the country from doing business with management consultants, accounting and PR firms in the U.K.
The British government also imposed asset freezes and travel bans on journalists working for state-owned media and other broadcast organizations the U.K. accuses of spreading propaganda.
The sanctioned individuals include three journalists embedded with Russian forces in Ukraine: Evgeny Poddubny, Alexander Kots and Dmitry Steshin.
The British government said the new sanctions would mean social media, internet services and app stores must take action to block content from two of Russia’s major sources of alleged disinformation, RT and Sputnik. Both have been pulled from British airwaves.
Tech and Digital Economy Minister Chris Philp said RT and Sputnik “have churned out dangerous nonsense dressed up as serious news to justify Putin’s invasion of Ukraine.”
___
BERLIN — German Chancellor Olaf Scholz says Russian President Vladimir Putin has “completely miscalculated with his brutal war of aggression against Ukraine” because it has led NATO to strengthen its eastern flank, resulted in comprehensive sanctions against Russia, and prompted large-scale military support for the Ukrainian side.
Scholz said Wednesday that Germany is currently considering supplying Ukraine with howitzers, in addition to Gepard anti-aircraft guns and other equipment the government has already agreed to send.
He spoke to reporters in Meseberg, near Berlin, alongside German Finance Minister Christian Lindner, who announced plans to require that Russians who are subject to sanctions have to disclose their assets in Germany or risk fines.
Economy Minister Robert Habeck said the government is also planning to make it easier for Russians fleeing their home country to find work in Germany.
“We can really use them,” he said, but added that there would be security checks to ensure that “we don’t bring a lot of spies over here.” ___
SOFIA, Bulgaria — Bulgaria’s parliament has approved providing additional aid to war-torn Ukraine following a debate that had rattled the governing coalition.
The proposal, introduced by the centrist party of Prime Minister Kiril Petkov, was supported by 200 legislators. Sixteen were against, one abstained, while 23 lawmakers were not present.
The vote took place after Ukrainian President Volodymyr Zelenskyy sent a letter to the parliament in Sofia. Instead of weapons deliveries, he reportedly asked for damaged Ukrainian military equipment to be repaired at Bulgarian plants and then sent back.
While three of the parties in the four-party ruling coalition had been in favor of sending weapons and ammunition to Ukraine, the fourth party, the pro-Russian Socialists, threatened to quit the coalition if such aid were approved.
The decision also includes Bulgarian assistance for the export of Ukrainian grain via Bulgaria’s Black Sea ports, and Bulgaria importing electricity from Ukraine.
___
COPENHAGEN, Denmark — British Defense Secretary Ben Wallace reaffirmed his country’s strong support for Finland and Sweden potentially joining NATO.
Finland and Sweden are expected to announce next week whether to seek membership of the 30-nation alliance.
“I cannot conceive that we would not come to support,” Wallace told reporters. “We will do whatever we need to do.”
Wallace said Finland was “in a pole position” to join NATO and the British Parliament would be able to ratify a Finnish membership “quickly.”
Wallace on Wednesday observed a military exercise in western Finland involving troops from the United Kingdom, Latvia, the United States and Estonia.
___
KYIV, Ukraine — Ukrainian President Volodymyr Zelenskyy says his country could not accept a deal with Moscow that would allow Russian troops to remain in occupied territory.
Speaking to participants in the Wall Street Journal CEO Council Summit, Zelenskyy said Ukrainian forces had halted the Russian offensive in what he described as the first stage of the conflict.
In the second stage, he said, Ukraine would expel Russian troops from its territory and in the third, would move to fully restore its territorial integrity.
Zelenskyy said he would not accept a cease-fire deal that would allow Russian forces to remain in their current positions. “We will not accept a frozen conflict,” the president said without giving further details.
Zelensky emphasized that Russian President Vladimir Putin must agree to meet him to negotiate any deal to end the fighting.
He said it was important to continue peace talks but noted that “until the Russian president signs it or makes an official statement, I don’t see the point in such agreements.”
___
LVIV, Ukraine — New satellite images analyzed by The Associated Press suggest fighting may be ongoing at a besieged steel plant in Mariupol.
The Kremlin is denying that Russian forces are trying to storm the Azovstal plant, the last remaining holdout of Ukrainian fighters in the port city.
An image shot by Planet Labs PBC at dawn Wednesday showed black smoke rising at one side of the plant near a canal. Buildings at the plant, including one under which hundreds of fighters and civilians are likely hiding, showed large, gaping holes in the roof. Debris littered the grounds.
Meanwhile, another satellite photo showed that a recent Russian missile attack tore a hole in a key bridge near Odesa.
Russia has attacked the bridge on three occasions. Though it is still standing, a chunk of the bridge is missing toward its south end, the image shows.
___
KYIV, Ukraine — Ukraine’s Interior Ministry says a road crash in the western Rivne region has killed 26 people and injured 12 more. The collision involved a bus, a van and a fuel truck, the ministry said. The bus had been headed to Poland, which has been a key destination for Ukrainian refugees.
According to a ministry statement, the accident occurred because the van “performed a maneuver to overtake another vehicle, and drove into the oncoming lane, where it collided with a fuel truck.”
It wasn’t immediately clear how a Poland-bound bus with 34 passengers on board became part of the accident.
___ MOSCOW — The Kremlin has rejected media reports that President Vladimir Putin might formally declare war on Ukraine on May 9, when Russia celebrates the defeat of Nazi Germany in World War II, and announce a broad mobilization.
Kremlin spokesman Dmitry Peskov dismissed the reports as “untrue” and “nonsense” at a daily conference call with reporters.
Western media reported earlier this month, citing U.K. and U.S. officials, that Putin might pivot from a “special military operation” to an all-out war with Ukraine, which would allow him to introduce martial law and mobilize reservists.
The reports said Putin could announce the changes during Victory Day celebrations on May 9, Russia’s most important holiday. ___
MOSCOW — The Russian defense minister has warned that Moscow will see any Western transports carrying weapons into Ukraine as legitimate targets.
Sergei Shoigu’s statement Wednesday comes as the U.S. and other Western allies have increased shipments of weapons to Ukraine. Speaking at a meeting with top military officials, Shoigu denounced the West for “stuffing Ukraine with weapons.”
“Any NATO transports carrying weapons or resources for the Ukrainian military that arrives in the country’s territory will be seen by us as a legitimate target to be destroyed,” he said.
The Russian military has repeatedly reported strikes on Ukrainian depots containing Western weapons. Striking Western transports delivering them would mark a significant escalation in the conflict.
___
MOSCOW — Belarus has announced snap military exercises amid the Russian war in Ukraine, while insisting it would not threaten any neighbors.
The Belarusian Defense Ministry said the exercises that began Wednesday would be used to assess the readiness and capability of the country’s armed forces, and the military’s ability to operate on “unknown terrain in a rapidly changing situation.”
The ministry did not say how many troops are involved in the exercises but noted that their number would be gradually increased.
It said the maneuvers “do not threaten the European community in general and any neighboring countries in particular.”
Belarus allowed its ally Russia to use its territory as a staging ground before Moscow launched its military action in Ukraine on Feb. 24.
___
KYIV, Ukraine — Ukrainian officials say evacuations from the besieged port of Mariupol will continue on Wednesday.
Deputy Prime Minister Iryna Vereshchuk said evacuations from Mariupol and three other locations to Zaporizhzhia, a city in southeast Ukraine, would take place “if the security situation permits.”
The governor of the Donetsk region, Pavlo Kyrylenko, confirmed that evacuation buses had already left Mariupol and would stop at three other locations to pick up more passengers.
Kyrylenko said the effort is supported by the United Nations and the International Red Cross.
___
BRUSSELS — The European Union plans to sanction the head of the Russian Orthodox Church, Patriarch Kirill of Moscow, in its next round of measures against Russia, according to several EU diplomats.
The three people with direct knowledge of the discussions were not authorized to speak publicly as negotiations on the sixth EU package of sanctions between the 27-nation bloc’s ambassadors were ongoing Wednesday.
Kirill is a longtime ally of Russian President Vladimir Putin and has justified his country’s invasion of Ukraine.
Kirill has also echoed Putin’s unfounded claims that Ukraine was engaged in the “extermination” of Russian loyalists in Donbas, the breakaway eastern region of Ukraine held since 2014 by Russian-backed separatist groups.
If the sanctions proposed by the EU’s executive arm are approved by EU member countries, Kirill would be added to the EU’s updated list of individuals facing travel bans and a freeze of assets.
A total of 1,093 individuals, including Putin and oligarchs, as well as 80 entities, are already subject to the punishing measures.
— Reported by Samuel Petrequin
___
BRUSSELS — The European Union’s chief executive is proposing that the bloc ban oil imports from Russia over its war on Ukraine, and target the country’s biggest bank and major broadcasters in a new round of sanctions.
European Commission President Ursula von der Leyen told EU lawmakers Wednesday that the sanctions should involve “a complete import ban on all Russian oil, seaborne and pipeline, crude and refined.”
She says the aim is to “make sure that we phase out Russian oil in an orderly fashion, in a way that allows us and our partners to secure alternative supply routes and minimizes the impact on global markets.”
The sanctions proposals are to be debated by the 27 EU member countries. Hungary and Slovakia have already said they would not take part. The two are landlocked and heavily dependent on Russia for their energy supplies.
Banks are also in the EU executive arm’s sights, notably the giant Sberbank. Von der Leyen says the aim is to “de-SWIFT Sberbank,” as well as two other banks. SWIFT is the major global system for financial transfers.
Von der Leyen says those alleged to be spreading disinformation about the war in Ukraine should be targeted, notably three big Russian state-owned broadcasters. She did not identify any of the outlets.
___
KYIV, Ukraine — Ukrainian authorities say that scores of civilians have been killed and wounded in the latest attacks in the country’s east.
Donetsk regional Gov. Pavlo Kyrylenko said that 21 civilians were killed and another 27 were wounded in Russian attacks Tuesday.
He said in a statement on a messaging app early Wednesday that it marked the highest number of civilian victims in the region since April 8 when a Russian missile attack on a railway station in the city of Kramatorsk killed at least 59 people.
In the neighboring Luhansk region, Gov. Serhiy Haidai said at least two civilians were killed in Russian shelling during the last 24 hours and two others were wounded.
The Russian military has intensified attacks in eastern Ukraine as part of its offensive in the region. | https://phl17.com/news/international/ap-international/live-updates-eu-leader-calls-for-russian-oil-ban/ | 2022-05-04T21:54:04Z | https://phl17.com/news/international/ap-international/live-updates-eu-leader-calls-for-russian-oil-ban/ | false |
CARACAS, Venezuela (AP) — President Nicolás Maduro and other high-ranking Venezuelan officials have met with the oil minister of Iran to discuss cooperation in energy matters and efforts to defeat economic sanctions imposed by the U.S. and its allies.
Officials from both oil-producing nations ratified agreements in this week's meetings in Venezuela, according to a statement from that country’s Petroleum Ministry. Iran’s delegation was led by Oil Minister Javad Owji.
Venezuelan Petroleum Minister Tareck El Aissami praised "the position assumed by the Persian nation in the construction of routes and mechanisms to overcome the unilateral coercive measures imposed by the government of the United States and allied countries,” according to the statement.
Neither country announced the visit in advance.
Since late President Hugo Chávez won power in 1999 and founded the current leftist government, Venezuela has strengthened relations in the energy, commercial, financial and industrial areas with Iran. In recent years, Iran has shipped gasoline and other products to the country amid a U.S. sanctions campaign.
Venezuela has one of the largest oil reserves in the world, but its industry is facing a crisis that officials associate with the sanctions imposed by the U.S. to pressure the exit of the Maduro government, but which analysts maintain which is due to a fall in production, financial difficulties and lack of investment.
Maduro on Tuesday tweeted that Venezuela has “always” had the support of Iran. He added that Iran can count on Venezuela’s “support and commitment to continue advancing along the path of shared benefit and complementarity for our peoples.”
Owji also tweeted that the countries have a long history and want “to use all capacities to develop mutual relations and cooperation.” | https://www.sfgate.com/business/article/Venezuela-s-Maduro-others-meet-with-Iran-oil-17147144.php | 2022-05-04T21:54:59Z | https://www.sfgate.com/business/article/Venezuela-s-Maduro-others-meet-with-Iran-oil-17147144.php | false |
Ticks have long been known to carry the bacterial agents that cause Lyme disease. Right now, however, there’s a different tick-borne illness that is raising a great deal of concern: Heartland virus. This virus is currently spreading through the Midwest and Southeastern U.S.
Other than supportive treatments, the medical community currently has no way to treat this virus. As we move into the warmer months, ticks are going to become more and more active. Now is the time to learn what you can do to protect your family and pets.
What is Heartland virus?
According to the Centers for Disease Control (CDC), Heartland virus was first reported in Missouri in 2009. It is an RNA virus that is transmitted by the lone star tick. The initial symptoms can include headache, fever, fatigue, decreased appetite, nausea, diarrhea and muscle or joint pain. These symptoms may take up to two weeks to appear after a tick bite and can lead to hospitalization.
Some people may develop lower than normal counts of white blood cells and platelets, which are essential in fighting infections and clotting blood.
Although most individuals will fully recover with proper supportive care, older patients with medical comorbidities have died after contracting the virus.
Where is the Heartland virus?
On its website, the CDC states the heartland virus has been reported in Arkansas, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Missouri, North Carolina, Oklahoma, and Tennessee.
Testing and treatment for Heartland virus
Currently, there are no commercially available tests for Heartland virus infection. Molecular and serologic testing can only be performed at the CDC.
Also, there is no way to treat an infection directly. When seeking care, the patient will receive supportive help to relieve some of the symptoms, such as pain and fever. Additionally, intravenous fluids may be prescribed.
Prevention of Heartland virus
Since there is no treatment for Heartland virus, the only way to stay safe is through tick prevention. To do that, you must learn about ticks and their behavior.
Why do ticks need hosts?
Like any other living thing, ticks need to eat to stay alive. Unfortunately, their meals must consist of blood. A tick latches onto a host for no other reason than to feed.
How often do ticks feed?
As they travel through the four stages in their life cycle, a tick must eat once at each stage to survive. According to Pest World For Kids, a female lone star tick can lay anywhere between 3,000 to 5,000 eggs at a time. After hatching, the larvae can survive 279 days before needing to feed. A fully mature lone star tick, however, can live as long as 476 days between meals.
How do you get ticks?
Ticks cannot jump or fly. They must crawl onto an unsuspecting host. To do this, ticks climb out to the edge of a blade of grass or leaf and wait with outstretched legs for a potential host to pass by. When they do, the tick simply grabs hold and goes along for the ride. This means the most important thing you can do to avoid getting ticks is to stay away from areas that have tall grass or leaves. If there is a path in the woods, sticking to the middle of that path will help keep you tick-free. At home, this means regularly mowing your lawn.
How do ticks transfer a virus?
Once a tick is on a host, it can start feeding in just a few minutes, or it may take a few hours to find an ideal feeding spot. The best feeding spot is an area that is hidden and the skin is easy to puncture, such as under the arms, around the ears, inside the belly button, between the legs, around the waist or in the hair.
After finding a suitable spot to feed, a tick secretes a small amount of saliva with anesthetic properties, so the host doesn’t feel it cut through the skin and insert a feeding tube. The feeding tube may be barbed and the tick may also secrete a cement-like substance to keep it in place during the feeding.
While feeding, small amounts of saliva can enter the host. If the tick has a pathogen, it can be transmitted to the host at this time.
How long do ticks stay on you?
If undetected, an adult tick will remain attached and feed on the host for as long as 10 days. After feeding, ticks will drop off and prepare for the next stage in their life cycle.
What you need to protect your family and pets from ticks
Each dose of frontline can protect your dog from ticks and fleas for 30 days. It is a fast-acting, waterproof treatment for dogs that are older than 8 weeks and weigh 23-44 pounds. This offering comes with three doses.
Sold by Amazon, Chewy and PetSmart
Each dose of frontline can protect your cat from ticks and fleas for 30 days. It is a fast-acting, waterproof treatment for cats that are older than 8 weeks and weigh over 1.5 pounds. This offering comes with three doses.
Sold by Amazon, Chewy and PetSmart
Black Flag Flea and Tick Killer Yard Spray
This yard treatment from Black Flag is ready to spray — just connect to your garden hose, and you are all set. It kills fleas, ticks, mosquitoes and other insects for up to 12 weeks. One container treats up to 5,000 square feet.
Sold by Amazon and Home Depot
Repel Tick Defense and Insect Repellent Pump Spray (6-Pack)
While the best method of staying tick-free is to avoid the outdoors, sometimes that isn’t possible. To protect yourself, consider this spray that can repel ticks for up to 10 hours. This product can safely be applied to cotton, wool, nylon, acetate and spandex.
Sold by Amazon and Home Depot
OFF! Deep Woods Insect Repellent Aerosol Spray
If you prefer an aerosol alternative, this Deep Woods spray from OFF! is easy to apply. It is formulated with 25% DEET. It can protect you from ticks, mosquitos, gnats, chiggers and more for up to eight hours.
Sold by Home Depot
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://phl17.com/reviews/br/health-wellness-br/how-to-protect-your-family-and-pets-from-ticks/ | 2022-05-04T21:55:34Z | https://phl17.com/reviews/br/health-wellness-br/how-to-protect-your-family-and-pets-from-ticks/ | false |
SAN DIEGO (AP) _ Realty Income Corp. (O) on Wednesday reported a key measure of profitability in its first quarter. The results beat Wall Street expectations.
The real estate investment trust, based in San Diego, said it had funds from operations of $580.1 million, or 98 cents per share, in the period.
The average estimate of five analysts surveyed by Zacks Investment Research was for funds from operations of 97 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of $199.4 million, or 34 cents per share.
The real estate investment trust, based in San Diego, posted revenue of $807.3 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $761.2 million.
Realty Income Corp. expects full-year funds from operations in the range of $3.84 to $3.97 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on O at https://www.zacks.com/ap/O | https://www.beaumontenterprise.com/business/article/Realty-Income-Corp-Q1-Earnings-Snapshot-17148405.php | 2022-05-04T21:56:36Z | https://www.beaumontenterprise.com/business/article/Realty-Income-Corp-Q1-Earnings-Snapshot-17148405.php | true |
Justin Verlander shines in Astros´ 7-2 rout of Mariners
Justin Verlander produced another strong start, and Alex Bregman had three hits and three RBIs as the Houston Astros rolled to a 7-2 victory over the visiting Seattle Mariners on Wednesday afternoon to sweep the three-game series.
Verlander (3-1) allowed two runs on five hits in 6 2/3 innings, leaving in the seventh after Eugenio Suarez's two-run home run. Verlander racked up 101 pitches, the most since undergoing Tommy John surgery in 2020, struck out three and did not walk a batter.
The Astros jumped on top in the bottom of the first on Yuli Gurriel's two-out double off Seattle starter Matt Brash (1-3).
Houston added three runs in the second on Michael Brantley's two-run single and Bregman's ensuing run-scoring single.
Bregman's sacrifice fly to right field in the fourth drove home Jose Altuve and his double off the wall in center field in the sixth expanded the lead to 6-0. Yordan Alvarez's single then brought home Bregman with the Astros' final run. Bregman finished 3-for-3.
The Mariners did not get a runner to third base in the first two games of the series, when they were shut out 3-0 and 4-0, respectively. Suarez's homer in the seventh marked the first time in the series that Seattle had a runner reach third base and ended a 26 1/3-inning scoreless streak for Astros pitching.
Houston pitching allowed two runs on just 14 hits -- 13 singles -- in the three-game set.
Two of the Mariners' four hits on Wednesday came from J.P. Crawford.
Brash took the loss in his second straight troublesome outing, He lasted just three innings, allowing four runs on six hits with four walks. Brash surrendered six runs on seven hits in just two innings in his previous outing against Miami on Friday.
The Astros had 10 hits in the win, with Brantley going 2-for-4 with two RBIs. Every batter in Houston's starting lineup was on base at least once.
--Field Level Media | https://www.dailymail.co.uk/wires/reuters/article-10783669/Justin-Verlander-shines-Astros-7-2-rout-Mariners.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-04T21:57:17Z | https://www.dailymail.co.uk/wires/reuters/article-10783669/Justin-Verlander-shines-Astros-7-2-rout-Mariners.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
Approximately $77.7 million asset-backed securities affected
New York, May 04, 2022 -- Moody's Investors Service ("Moody's") has upgraded five classes of notes issued by Amur Equipment Finance Receivables IX LLC, Series 2021-1 and Amur Equipment Finance Receivables VIII LLC, Series 2020-1. The notes are backed by pools of fixed-rate loans and leases secured primarily by trucking, transportation, medical and industrial equipment.
The complete rating actions are as follows:
Issuer: Amur Equipment Finance Receivables VIII LLC, Series 2020-1
Class D, Upgraded to Aaa (sf); previously on Oct 14, 2021 Upgraded to Aa1 (sf)
Issuer: Amur Equipment Finance Receivables IX LLC, Series 2021-1
Class C Notes, Upgraded to Aa1 (sf); previously on Jan 13, 2022 Upgraded to Aa2 (sf)
Class D Notes, Upgraded to A1 (sf); previously on Jan 13, 2022 Upgraded to A2 (sf)
Class E Notes, Upgraded to Baa2 (sf); previously on Jan 13, 2022 Upgraded to Ba1 (sf)
Class F Notes, Upgraded to Ba2 (sf); previously on Jan 13, 2022 Upgraded to B1 (sf)
RATINGS RATIONALE
The rating actions were a result of the build-up of credit enhancement to the notes driven by the sequential payment structure, overcollateralization and non-declining reserve accounts. The Cumulative Net Loss (CNL) expectations for Amur 2020-1 and Amur 2021-1 were decreased to 4.50% from 4.75% in both deals due to strong collateral performance.
PRINCIPAL METHODOLOGY
The principal methodology used in these ratings was "Equipment Lease and Loan Securitizations Methodology" published in August 2021 and available at https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBS_1243607. Alternatively, please see the Rating Methodologies page on www.moodys.com for a copy of this methodology.
Factors that would lead to an upgrade or downgrade of the ratings:
Up
Moody's could upgrade the notes if, given our expectations of portfolio losses, levels of credit enhancement are consistent with higher ratings. In sequential pay structures, such as the one in this transaction, credit enhancement grows as a percentage of the collateral balance as collections pay down senior notes. Prepayments and interest collections directed toward note principal payments will accelerate this build of enhancement. Moody's expectation of pool losses could decline as a result of a lower number of obligor defaults. Portfolio losses also depend greatly on the US macroeconomy, the equipment markets, and changes in servicing practices.
Down
Moody's could downgrade the notes if, given our expectations of portfolio losses, levels of credit enhancement are consistent with lower ratings. Credit enhancement could decline if excess spread is not sufficient to cover losses in a given month. Moody's expectation of pool losses could rise as a result of a higher number of obligor defaults or deterioration in the value of the equipment securing an obligor's promise of payment. Portfolio losses also depend greatly on the US macroeconomy, the equipment markets, and poor servicer performance. Other reasons for worse-than-expected performance include error on the part of transaction parties, inadequate transaction governance, and fraud.
REGULATORY DISCLOSURES
For further specification of Moody's key rating assumptions and sensitivity analysis, see the sections Methodology Assumptions and Sensitivity to Assumptions in the disclosure form. Moody's Rating Symbols and Definitions can be found at: https://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_79004.
The analysis includes an assessment of collateral characteristics and performance to determine the expected collateral loss or a range of expected collateral losses or cash flows to the rated instruments. As a second step, Moody's estimates expected collateral losses or cash flows using a quantitative tool that takes into account credit enhancement, loss allocation and other structural features, to derive the expected loss for each rated instrument.
Moody's quantitative analysis entails an evaluation of scenarios that stress factors contributing to sensitivity of ratings and take into account the likelihood of severe collateral losses or impaired cash flows.
For ratings issued on a program, series, category/class of debt or security this announcement provides certain regulatory disclosures in relation to each rating of a subsequently issued bond or note of the same series, category/class of debt, security or pursuant to a program for which the ratings are derived exclusively from existing ratings in accordance with Moody's rating practices. For ratings issued on a support provider, this announcement provides certain regulatory disclosures in relation to the credit rating action on the support provider and in relation to each particular credit rating action for securities that derive their credit ratings from the support provider's credit rating. For provisional ratings, this announcement provides certain regulatory disclosures in relation to the provisional rating assigned, and in relation to a definitive rating that may be assigned subsequent to the final issuance of the debt, in each case where the transaction structure and terms have not changed prior to the assignment of the definitive rating in a manner that would have affected the rating. For further information please see the ratings tab on the issuer/entity page for the respective issuer on www.moodys.com.
For any affected securities or rated entities receiving direct credit support from the primary entity(ies) of this credit rating action, and whose ratings may change as a result of this credit rating action, the associated regulatory disclosures will be those of the guarantor entity. Exceptions to this approach exist for the following disclosures, if applicable to jurisdiction: Ancillary Services, Disclosure to rated entity, Disclosure from rated entity.
The ratings have been disclosed to the rated entity or its designated agent(s) and issued with no amendment resulting from that disclosure.
These ratings are solicited. Please refer to Moody's Policy for Designating and Assigning Unsolicited Credit Ratings available on its website www.moodys.com.
Regulatory disclosures contained in this press release apply to the credit rating and, if applicable, the related rating outlook or rating review.
Moody's general principles for assessing environmental, social and governance (ESG) risks in our credit analysis can be found at http://www.moodys.com/researchdocumentcontentpage.aspx?docid=PBC_1288235.
The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the EU and is endorsed by Moody's Deutschland GmbH, An der Welle 5, Frankfurt am Main 60322, Germany, in accordance with Art.4 paragraph 3 of the Regulation (EC) No 1060/2009 on Credit Rating Agencies. Further information on the EU endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.
The Global Scale Credit Rating on this Credit Rating Announcement was issued by one of Moody's affiliates outside the UK and is endorsed by Moody's Investors Service Limited, One Canada Square, Canary Wharf, London E14 5FA under the law applicable to credit rating agencies in the UK. Further information on the UK endorsement status and on the Moody's office that issued the credit rating is available on www.moodys.com.
Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.
Please see the ratings tab on the issuer/entity page on www.moodys.com for additional regulatory disclosures for each credit rating.
Jayesh Joseph
Asst Vice President - Analyst
Structured Finance Group
Moody's Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
U.S.A.
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653
Benjamin Shih
VP - Senior Credit Officer
Structured Finance Group
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653
Releasing Office:
Moody's Investors Service, Inc.
250 Greenwich Street
New York, NY 10007
U.S.A.
JOURNALISTS: 1 212 553 0376
Client Service: 1 212 553 1653 | https://www.moodys.com/research/Moodys-upgrades-equipment-ABS-notes-issued-by-Amur-Equipment-Finance--PR_465680 | 2022-05-04T22:02:58Z | https://www.moodys.com/research/Moodys-upgrades-equipment-ABS-notes-issued-by-Amur-Equipment-Finance--PR_465680 | false |
The rumors are back The Legend of Zelda: Wind Wicker and the Twilight Princess to Nintendo Switchwith the potential probabilities of the two chapters mentioned again as possible upcoming in context 2022 From the usual Jeff Group.
In one of his last posts on audio notationthe well-known journalist/insider is talking about one of the hottest rumors these days claiming that there might be a real possibility that The Legend of Zelda: Wind Waker and The Legend of Zelda: Twilight Princess are actually coming this year on Nintendo Switch.
To change the question a little bit, second Jeff Group Both addresses must be launched into a file 1 package Comprehensive, i.e. contains reprints of both games.
Note that this is speculation anyway, as Grubb doesn’t cite any particular source for these assumptions: “They want one Zelda every year and they keep those assumptions. Why don’t they want to release it eventually this year, and would rather wait for Breath of the Wild 2. That’s Something I don’t understand,” Grob said. “I think this game, even though it was considered a joke in a Mega64 video, will be released in October. I think it may come out in October and I think we will have too Metroid Prime Remastered In November, with Advance Wars 1 + 2 December.”
These are all assumptions, but for some time now there has been talk of a possible arrival of remastered versions, or a re-release of some sort, of The Legend of Zelda: Wind Waker and Twilight Princess for the Nintendo Switch and it would make sense, considering all that’s been done. Watch it before now. Meanwhile, some potential details have emerged about The Legend of Zelda: Breath of the Wild 2.
“Incurable internet trailblazer. Troublemaker. Explorer. Professional pop culture nerd.” | https://www.newsnetnebraska.org/wind-waker-and-twilight-princess-remaster-on-nintendo-switch-in-2022-multiplayer-it/ | 2022-05-04T22:03:45Z | https://www.newsnetnebraska.org/wind-waker-and-twilight-princess-remaster-on-nintendo-switch-in-2022-multiplayer-it/ | true |
Doesn’t it seem like everybody is tired all of the time? Not to be downers, but when nearly 70 percent of Americans ages 18 to 29 report having little energy, and almost 60 percent say they have trouble sleeping — there’s something wrong. If this is how drained our younger adults feel, one can only imagine how those in the thick of their careers and with children feel.
When we scroll and click all day at work and then stare at our phones and various feeds in bed at night, we’re draining ourselves in ways that our typical sleep schedules can't balance. So on top of balancing out your screen time, you can also turn to other pieces of tech designed to improve your health. One great example is the Apollo wearable, which helps users focus better, relax easier, and achieve deeper sleep.
Stress triggers the sympathetic “fight-or-flight” response in our nervous systems, making it hard to unwind and relax. Your Apollo wearable helps activate your parasympathetic “rest-and-digest” response, which helps you bounce back from stress more quickly. Once you start wearing your Apollo, you’ll see how it differs from typical wellness devices that simply track your metrics. Sure, knowing how many steps you’ve taken in a given day can help inform other health-related decisions you make or inspire you to walk more, but that’s not how this device helps. Instead, the Apollo sends silent, soothing vibrations through your body to communicate with your nervous system that you’re safe in control, so you can calm down, recharge, sleep, and focus.
The Apollo wearable has different modes you can set to correspond with your mental and emotional needs throughout a given day. For example, you can set it to Social & Open for meetings and post-work socializing, Meditation & Mindfulness for any time you’re feeling the stresses of everyday life overwhelming you, and Sleep and Renew to melt into deep, high quality sleep.
Studies have shown that Apollo users experience, on average, 40% less stress and feelings of anxiety,spend 19% more time in deep sleep, and have 25% increases in focus and concentration It also improves your heart rate variability (HRV), a key biometric of stress resilience for better sleep, deeper calm, and better balance. Apollo’s been featured in Men’s Health, The Washington Post, USA Today, and The Wall Street Journal for its groundbreaking technology and effectiveness. It’s also rated an average of 4.6/5 stars on its website from over 1,100 reviews.
Check out Apollo’s expanded range of colorways and take control of your stress today with $35 off! | https://www.sfgate.com/shopping/article/This-groundbreaking-wearable-actually-trains-your-17148062.php | 2022-05-04T22:08:09Z | https://www.sfgate.com/shopping/article/This-groundbreaking-wearable-actually-trains-your-17148062.php | false |
BOISE, Idaho — Alive After 5, live and in-person, is coming back for summer 2022 for the first time in three years.
Concerns surrounding the COVID-19 pandemic had the annual Downtown Boise free concert series going virtual in 2020, and canceled altogether in 2021.
The Downtown Boise Association on Wednesday announced the full lineup for the 2022 series, which runs each Wednesday June 15-Aug. 10 on The Grove Plaza.
- Wednesday, June 15th – True Loves
- Wednesday, June 22nd – Mr. Grant Olsen
- Wednesday, July 6th – The Suffers
- Wednesday, July 20th – Deep Sea Diver
- Wednesday, July 27th – Wavves
- Wednesday, August 3rd – Joshy Soul
- Wednesday, August 10th – Celisse
There are no tickets required and no reserved seating for the concerts. Proof of age is required at a wristband station for purchasing alcoholic beverages. No alcoholic beverages not purchased onsite are allowed.
This is the 35th year for Alive After 5. New for 2022, the Downtown Boise Association is partnering with Duck Club, the Boise-based music booking agency that also helps put on Treefort.
For more information about Alive After 5, click or tap here.
Also in downtown Boise, Supersized First Thursday kicks off May 5 with a block party on The Grove Plaza in support of Idaho Gives. The event also includes roving performances by stilt-walker Courtney Holley and circus performers. Additionally, live music by Patrick Dansereau will be performed throughout various locations.
Watch more Local News:
See the latest news from around the Treasure Valley and the Gem State in our YouTube playlist: | https://www.ktvb.com/article/entertainment/events/downtown-boise-alive-after-5-full-concert-lineup-announced/277-fe1c3435-e6ff-47d3-b70b-1e951dc349be | 2022-05-04T22:08:10Z | https://www.ktvb.com/article/entertainment/events/downtown-boise-alive-after-5-full-concert-lineup-announced/277-fe1c3435-e6ff-47d3-b70b-1e951dc349be | true |
LAS VEGAS, May 4, 2022 /PRNewswire/ -- Chief Financial Officer and Chief Operating Officer, Mike Clear, of Realty ONE Group, a modern, purpose-driven lifestyle brand and ONE of the fastest growing franchisors in the world, has been named a 2022 HousingWire Finance Leader.
According to HW Media's CEO, Clayton Collins, Clear and the other Finance Leaders are "...truly masters at managing liquidity, executing M&A and strategic deals and developing impenetrable balance sheets to position their businesses for enduring success."
"Good finance leaders will need a full toolkit to navigate both the tremendous opportunities and the challenges we'll experience in the housing industry in the coming years," said Mike Clear, who oversees all core business units at Realty ONE Group including Accounting/Finance, Legal, Marketing, Human Resources and Operations as well as the company's title and brokerage services. "I'm honored to make this list with other fine leaders and to continue guiding and mentoring our future leaders."
Clear joined Realty ONE Group in 2017 with more than three decades in the industry, more recently as Vice President of Operations for American Home Shield but also in multiple roles at HSA Home Warranty including President, COO, Chief Information Officer and Chief Sales & Marketing Officer. Clear has also been named an Influencer on RISMedia's Newsmaker list which features some of real estate's most impactful leaders.
HousingWire Finance Leaders are chosen based on their professional achievements, contributions to the overall housing economy, client impact and personal success.
Realty ONE Group now has more than 18,000 real estate professionals in more than 400 offices in 49 states, Washington D.C. and Canada and will be opening in Ecuador, Costa Rica, Italy, Singapore and Spain, in addition to the U.S. territory of Puerto Rico.
Learn more at www.OwnAOne.com.
About Realty ONE Group
Founded in 2005, Realty ONE Group is an industry disruptor, radically changing the face of real estate franchising with its unique business model, fun coolture, technology infrastructure and superior support for its real estate professionals. The company has rapidly evolved to include more than 18,000 real estate professionals in over 400+ offices across 49 U.S. states, Washington D.C., Puerto Rico, Canada, Italy, Spain, Singapore and Costa Rica. Realty ONE Group ranks in the top one percent in the nation by REAL Trends, has been recognized by Entrepreneur Magazine as a Top 5 Real Estate Franchise and has been on Inc. 500's list of the Fastest-Growing Companies for seven consecutive years. Realty ONE Group is surging ahead, opening doors, not only for its clients but for real estate professionals and franchise owners. To learn more, visit www.RealtyONEGroup.com.
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SOURCE Realty ONE Group | https://www.mysuncoast.com/prnewswire/2022/05/04/realty-one-group-cfocoo-mike-clear-named-2022-housingwire-finance-leader/ | 2022-05-04T22:09:10Z | https://www.mysuncoast.com/prnewswire/2022/05/04/realty-one-group-cfocoo-mike-clear-named-2022-housingwire-finance-leader/ | false |
WASHINGTON (AP) — A newly formed Disinformation Governance Board remains shrouded in secrecy a week after the Biden administration’s announcement of the new effort was met with widespread criticism.
The Department of Homeland Security has yet to release any new details on how the board will work and what power it will have.
Republican lawmakers have stepped up calls for the group to be disbanded and civil liberties advocates question whether the board will violate Americans’ free speech rights.
Homeland Security Secretary Alejandro Mayorkas reportedly defended the group during a Senate appropriations committee hearing.
We protect the security of the homeland, and once again, allow me to articulate what I have said previously, which is that the working group does not have operational capability and authority," Mayorkas said, according to CNN.
The board’s bungled rollout could hurt existing efforts to identify and stop foreign disinformation campaigns from Russia, China and other adversaries, which have long been considered a national security threat by both Republican and Democratic administrations. | https://www.wrtv.com/news/national/dhs-disinformation-boards-work-plans-remain-a-mystery | 2022-05-04T22:10:52Z | https://www.wrtv.com/news/national/dhs-disinformation-boards-work-plans-remain-a-mystery | true |
High school students on P.E.I. are learning more about missing and murdered Indigenous women and girls in Canada. One teacher says while the topic is emotional to learn about, it's incredibly necessary to move toward truth and reconciliation.
Baseball
News
The National | https://www.cbc.ca/player/play/2029958723530 | 2022-05-04T22:12:58Z | https://www.cbc.ca/player/play/2029958723530 | false |
INDIANAPOLIS — It was one year ago this week when 33-year-old Reonna Jackson was shot and killed behind a family member’s home on the northwest side of Indianapolis.
Police found her body in the 1200 block of Congress Avenue on May 3, 2021. The case remains unsolved.
“She was God‘s gift,” Dana Jackson, Reonna’s father said. “She respected everybody. She tried to get along with a lot of people.”
Dana said Reonna was returning from the grocery store when she was murdered. She left behind a son who is Dana said is now growing up without his mother.
“It’s devastating to see her gone like this you know,” Dana said. “It wasn’t no sense in it.”
The past year has been hard for Dana and his family. He said not having the answers they so desperately want has made the grieving process that much more difficult.
“It’s been hard. I mean it’s very hard to wake up,” Dana said. “I wake up every day and I think of her. She’s always on my mind.”
IMPD hasn’t release any updates in Reonna’s case. Her father hopes somebody, somewhere will tell police what they know.
“Just get these murderers off the streets. They don’t need to be out there,” Dana said. “If it was their child, I think they would want the same thing and I would do the same thing.”
While he doesn’t know how close or far a break in the case is, he said he hopes to see it one day. Only then will he and his family have the closure they’ve been seeking.
In the meantime, he’d like to see an end to the violence.
“We killing each other and I mean that’s not God‘s way of living,” Dana said. “God wants us to love and care for one another not kill.”
Anyone with any information on Reonna’s murder is urged to contact IMPD or CrimeStoppers at 317-262-TIPS. | https://fox59.com/news/indycrime/family-pleads-for-answers-1-year-after-indy-woman-was-gunned-down-behind-home/ | 2022-05-04T22:15:05Z | https://fox59.com/news/indycrime/family-pleads-for-answers-1-year-after-indy-woman-was-gunned-down-behind-home/ | false |
BREA, Calif. (AP) _ Envista Holdings Corp. (NVST) on Wednesday reported first-quarter earnings of $74.9 million.
The Brea, California-based company said it had net income of 42 cents per share. Earnings, adjusted for one-time gains and costs, were 47 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The maker of dental products posted revenue of $631.4 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $626.6 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVST at https://www.zacks.com/ap/NVST | https://www.expressnews.com/business/article/Envista-Q1-Earnings-Snapshot-17148533.php | 2022-05-04T22:21:08Z | https://www.expressnews.com/business/article/Envista-Q1-Earnings-Snapshot-17148533.php | false |
Comm Games gold my last swim goal: Cole
Australia's Ellie Cole hopes to collect the final golden piece of her esteemed Para swimming career at her swansong at the Commonwealth Games.
Cole is among a 27-strong Australian Para swim team to compete at the Birmingham Games starting on July 28.
The meet will be Cole's last and she has one burning ambition: a Commonwealth gold to add to her collection featuring six Paralympic gold medals.
The 30-year-old has one silver medal and three bronze from her past Commonwealth Games appearances, in 2010 and 2018.
"Obviously I am going there to try and win," the freestyle S9 stalwart said on Thursday.
"I'm not going to be too disappointed in myself as an athlete if I don't, I have achieved a lot in my 17 years on the Australian swim team.
"But the one thing missing is a Commonwealth Games gold medal."
Cole said ending her career at a Commonwealth Games was apt.
"We have seen Para sport come such a long way over the last 10-12 years," she said.
"And huge credit goes to the Commonwealth Games, it's one of the only events in the world where we have an integrated program.
"So I do have a lot to thank the Commonwealth Games for and that's the reason I wanted to retire at the Commonwealth Games."
Queenslander Blake Cochrane will be Australia's first Para swimmer to contest four Commonwealth Games when he competes in Birmingham.
Other decorated Para swimmers on the team announced on Thursday include Lakeisha Patterson, Matt Levy and William Martin, who broke two world records at last year's Tokyo Paralympics.
The 21-year-old Martin said he remained inspired from watching the 2018 Commonwealth Games on the Gold Coast.
"I was one of the kids in the stand watching Australia go for gold," Martin said.
"Now it's my turn to have a crack and hopefully be someone who young kids can look up to and be inspired by."
Student Isabella Vincent, 16, is the youngest member of Australia's Para swim team which boasts eight Paralympic gold medallists and eight Commonwealth gold medallists.
Vincent is among 16 Commonwealth Games debutants named for Birmingham.
Get the latest news from thewest.com.au in your inbox.
Sign up for our emails | https://thewest.com.au/sport/commonwealth-games/comm-games-gold-my-last-swim-goal-cole-c-6685000 | 2022-05-04T22:23:34Z | https://thewest.com.au/sport/commonwealth-games/comm-games-gold-my-last-swim-goal-cole-c-6685000 | false |
ACCT Philly co-director Sarah Barnett showed up to work on an April morning to find eight people waiting to give up their dogs. The doors at the North Philadelphia animal rescue weren’t even open yet.
Exasperated, she offered one person $50 out of her pocket to see if it would persuade them to keep their pup. Was food the issue? Training? Would they be willing to re-home the dog themselves?
“They weren’t interested,” Barnett said.
This increasingly frequent scene is part of a spike in surrenders that is overwhelming animal rescues across the region, driven in part by housing insecurity and a deluge of people offloading their “pandemic pets” now that life is regaining some normalcy. At ACCT, the result has been overcrowding, more euthanasia, and now, a disease outbreak that has forced the cash-strapped animal shelter to adapt on the fly.
» READ MORE: Philly animal rescues overwhelmed as families return their pandemic pups en masse
With 110 dogs being housed in a space meant for 70, a pneumovirus outbreak ripped through the kennels last month and sickened dozens of dogs with an upper respiratory infection, Barnett said.
The disease spreads quickly — and puts the 10 to 20 new dogs that ACCT welcomes each day at risk.
So this week, ACCT is moving the 70 sickened pups to a temporary quarantine site at a defunct school on Tulip Street in North Philadelphia, where the dogs will remain for several weeks until they’re healthy.
ACCT secured the building at no cost, and will staff it with help from Brandywine Valley SPCA. The old classrooms make for suitable kennels, and the fenced-in recess yards double as exercise areas.
“It’s an emergency shelter like you’d do during a hurricane,” Barnett said.
A nonprofit founded in 2012 to take over the city’s troubled animal shelter operation, ACCT’s decade-long run in Hunting Park has been beset by chronic underfunding and revolving-door leadership. During the pandemic, the city slashed the shelter’s budget by 18%, and last fall, ACCT lost its fifth executive director in ten years.
During the surrender spike, the shelter has been asked to do more with less, relying on private donations and partner organizations to make sure the nonprofit can take every dog that comes through the door, as part of its contract with the city.
But ACCT can’t fill the kennels emptied by the virus, as those dogs will return after their quarantine period. To quell intake while the quarantine site is running, Barnett said ACCT’s main shelter at 111 W. Hunting Park Ave. temporarily closed to most surrenders for a five-day period that will end Friday. For the next several weeks, the shelter will keep surrenders limited, urging people to reach out in advance before they show up to surrender pets.
» READ MORE: After revolving leadership and chronic underfunding, what’s next for Philly’s beleaguered animal shelter?
ACCT said it would continue to do surrender prevention work with desperate dog owners who come to their doors.
“We offer as many support services as we possibly can,” said Marsha Perelman, co-chair of the ACCT Philly board of directors. “But at a time when people are being evicted from their homes as they are now, no amount of food or veterinary care or behavioral support is going to allow them to keep their dogs.”
Adoptions have not been keeping pace with the number of dogs that come into the shelter, and animal welfare advocates are bracing for the problem to get worse this summer.
Once the pneumovirus outbreak is contained, Barnett said the goal is to get the shelter down to its supposed 70-dog capacity by continuing to try to limit surrenders, focusing on stray and injured dogs.
“We have to take a firmer stance,” Barnett said. | https://www.inquirer.com/news/philadelphia/acct-philly-quarantine-shelter-flu-dogs-20220504.html | 2022-05-04T22:28:00Z | https://www.inquirer.com/news/philadelphia/acct-philly-quarantine-shelter-flu-dogs-20220504.html | true |
Country
United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe | https://www.djournal.com/obituaries/djournal/watson-linda-jeanne/article_63662a1c-c0cf-5417-9281-08b0b18554d3.html | 2022-05-04T22:28:25Z | https://www.djournal.com/obituaries/djournal/watson-linda-jeanne/article_63662a1c-c0cf-5417-9281-08b0b18554d3.html | true |
BOGOTA, Colombia • As women in the United States find themselves on the verge of possibly losing the constitutional right to abortion, courts in many other parts of the world have been moving in the opposite direction.
That includes in a number of traditionally conservative societies — such as recently in Colombia, where the Constitutional Court in February legalized the procedure until the 24th week of pregnancy, part of a broader trend seen in parts of heavily Catholic Latin America.
It's not yet clear what impact there will be outside the United States from the leaked draft opinion suggesting the U.S. Supreme Court could overturn the landmark 1973 Roe v. Wade decision.
But for women's activists who for years have led grinding campaigns demanding open access to abortion, often looking to the United States as a model, it's a discouraging sign and a reminder that hard-won gains can be impermanent.
"It is an awful precedent for the coming years for the region and the world," said Colombian Catalina Martínez Coral, Latin America and Caribbean director for the New York-based Center for Reproductive Rights, which was among the groups that litigated the abortion case in Colombia's high court.
The February ruling there established a broad right for women to have abortions within the 24-week period, whereas previously they could do so only in specific cases such as if a fetus presented malformations or a pregnancy resulted from rape. Abortion is still allowed after that period under those special circumstances.
The decision fell short of advocates' hopes for a complete decriminalization, but Martínez Coral said it still left Colombia with the "most progressive legal framework in Latin America."
Similarly, Mexico's Supreme Court held last year that it was unconstitutional to punish abortion. As the country's highest court, its ruling bars all jurisdictions from charging a woman with a crime for terminating a pregnancy.
Statutes outlawing abortion are still on the books in most of Mexico's 32 states, however, and nongovernmental organizations that have long pushed for decriminalization are pressing state legislatures to reform them. Abortion was already readily available in Mexico City and some states.
To the south in Argentina, lawmakers in late 2020 passed a bill legalizing abortion until the 14th week and after that for circumstances similar to those described in the Colombia ruling.
It's also widely available in Cuba and Uruguay.
But expansion of abortion access has not extended to all of Latin America, with many countries restricting it to certain circumstances — such as Brazil, the region's most populous nation, where it's permissible only in cases of rape, risk to the woman's life and certified cases of the birth defect anencephaly. Former President Luiz Inácio Lula da Silva, who is seeking a new term in October, recently said he sees legalizing abortion as a public health issue, eliciting criticism in a country where few approve of the procedure.
Other places have total bans with no exceptions, such as Honduras, Nicaragua and El Salvador. Courts in the latter have given women long prison sentences for aggravated homicide even in cases where prosecutors suspect a miscarriage was actually an abortion.
Many African nations also maintain complete bans, but in October 2021, Benin legalized abortion in most circumstances up to 12 weeks. That significantly increased safe access to the procedure after the health minister reported that nearly 200 women were dying each year of complications from clandestine abortions. Previously abortion was permitted in cases of rape or incest; risk to the woman's life; or severe fetal malformation.
Most European countries have legalized abortion, including predominantly Catholic ones. Ireland did so in 2018, followed by tiny San Marino in a voter referendum last fall. It remains illegal in Andorra, Malta and Vatican City, while Poland last year tightened its abortion laws.
It's also been widely available in Israel since 1978 and relatively uncontroversial, allowed by law before the 24th week with the approval of hospital "termination committees" that consist of medical professionals including at least one woman.
Laws and interpretations vary across the Muslim world.
Abortion has been legal up to 12 weeks in Tunisia for decades, but in Iran it's been forbidden since the 1979 Islamic Revolution. Last year the leader of Cairo's top institution of Islamic clerics, Al-Azhar, said abortion is not the solution even in cases where a child is likely to be seriously ill or disabled.
In Japan, abortion is allowed only for economic and health reasons, and requires partners' consent, making Japan one of a handful of countries in the world to do so. Victims of sexual violence are excluded from the requirement.
While there is a growing call for women to have the right to make their own decision, Japan's government, led by the ultra-conservative Liberal Democratic Party, has long focused on traditional gender roles of women to give birth and raise children.
Abortion has been legal in India since 1971. Women can terminate pregnancy up to 20 weeks, but only on a doctor's advice. Under changes in 2021, a woman can also seek an abortion up to 24 weeks under certain circumstances such as rape or incest, though it requires approval from two doctors.
China is moving to limit abortions, but that's because it has one of the highest rates of abortions in the world.
Last September, the Chinese cabinet, known as the State Council, published new national guidelines that require hospitals to "reduce non-medically necessary abortions." | https://www.djournal.com/print-features/as-us-poised-to-restrict-abortion-other-nations-ease-access/article_8913da55-b55b-5439-98d5-da5982ed562d.html | 2022-05-04T22:28:50Z | https://www.djournal.com/print-features/as-us-poised-to-restrict-abortion-other-nations-ease-access/article_8913da55-b55b-5439-98d5-da5982ed562d.html | true |
Low pressure over the Texas panhandle will move east and spread rain across central Indiana Thursday afternoon. The rain will keep us cool Thursday with highs in the 60s. Embedded thunderstorms are going to be possible on Friday as warmer air mixes in with this system.
The heaviest rain is expected to move out in the pre-dawn hours on Saturday. However, there is still going to be a chance for light rain for the Mini Marathon with temperatures in the mid-50s at the start of the race. The lingering showers should exit the area out by Saturday afternoon as the system tracks away from the state. Expect an inch to an inch and a half by sunrise Saturday.
The mild pattern will hold for the next five days, but we are tracking a much warmer shift early next week. The warmest air of the season will move in by Tuesday and Wednesday with high temperatures forecast to be in the mid-80s.
May has been a cool month so far.
Rain develops Thursday afternoon.
Highs will be in the 60s Thursday.
Heavier rain is likely Friday.
Up to an inch of rain is likely by Saturday morning.
Temperatures will be near average for the next four days.
Our first 85° day of the season is likely next week. | https://cbs4indy.com/weather/rain-is-on-the-way-and-will-be-heavy-at-times-before-drying-out-for-the-weekend/ | 2022-05-04T22:30:18Z | https://cbs4indy.com/weather/rain-is-on-the-way-and-will-be-heavy-at-times-before-drying-out-for-the-weekend/ | false |
Amber Heard says Johnny Depp struck her when on drugs
- Published
Amber Heard has told a court that Johnny Depp repeatedly struck her during drug and alcohol-fuelled rages that she said turned her ex-husband into an "awful thing".
Taking the witness stand on week four of the trial, Ms Heard alleged that a pattern of violence began in 2012.
Mr Depp is suing Ms Heard over a story she wrote in which she described herself as a domestic abuse victim.
In his testimony, Mr Depp denied any wrongdoing.
Over several hours of court testimony in Virginia on Wednesday, Ms Heard, 36, recalled her early childhood and her first interactions with the "charismatic" Mr Depp on the set of 2011 movie The Rum Diary in Puerto Rico.
The pair reconnected on a press tour for the film several years later, during which Ms Heard said they "fell in love".
The happiness of the early stages of their relationship, Ms Heard added, were soon marred by disparaging comments he began making in 2012 - the same year she alleges that Mr Depp, 58, struck her for the first time.
"I will never forget it," she said of the first alleged incident of physical violence.
In her testimony, Ms Heard sought to portray Mr Depp as someone who could be warm and kind, but who would fly into rages - sometimes at perceived infidelity- when under the influence of alcohol or drugs. She said he tried to conceal his substance abuse, which ranged from drinking spirits to taking "a lot" of cocaine.
"It would be accusations, accusations and then he would explode," Ms Heard said, adding that Mr Depp would slap and "backhand" her. After the fights, Ms Heard said he would "disappear".
"He'd come back clean and sober and he'd be extra nice and extra apologetic and we'd be good again," she added.
Ms Heard also alleged Mr Depp conducted a "cavity search" on her after an altercation during a drug-fuelled desert party in Hicksville, California.
"I just stood there," she said tearfully.
In his own testimony, Mr Depp said he never struck Ms Heard and characterised her as having "a need" for conflict and violence.
The trial is expected to continue for at least another month. | https://www.bbc.co.uk/news/world-us-canada-61329067 | 2022-05-04T22:30:59Z | https://www.bbc.co.uk/news/world-us-canada-61329067 | true |
Huskers in danger of missing Big Ten Tournament
LINCOLN, Neb. (KOLN) - The Nebraska baseball team is currently outside the top eight spots in the Big Ten standings. The Huskers are tied for ninth with a 6-9 record, which means the Big Red is in danger not qualifying for the conference tourney.
“We are where we are,” Will Bolt said. “We’ve gotta win games.”
The Huskers currently sit one game back of Purdue, who holds final spot for the Big Ten Tournament. The 5-day tournament is scheduled for May 25-29 at Charles Schwab Field. Bolt says the tourney being held in Omaha does not add pressure to the Huskers’ current situation.
“Kind of sucks we waited until now,” said senior outfielder Cam Chick. “No better time to get hot than right now.”
The Huskers’ remaining schedule includes series against Minnesota, Illinois, and Michigan State. The Golden Gophers are last in the Big Ten standings, while the Spartans are tied with Nebraska at 6-9.
“We’re looking to win a lot of these games and get to the Big Ten Tourney and do damage there,” outfielder Garrett Anglim said.
Copyright 2022 KOLN. All rights reserved. | https://www.1011now.com/2022/05/04/huskers-danger-missing-big-ten-tournament/ | 2022-05-04T22:37:24Z | https://www.1011now.com/2022/05/04/huskers-danger-missing-big-ten-tournament/ | true |
The new offering provides companies security benefits and autonomy over data residency
SAN FRANCISCO , May 4, 2022 /PRNewswire/ -- Intercom, the Engagement OS, has launched local data hosting in Australia to give businesses the ability to process customer data locally when using Intercom's platform. The launch meets industry needs for secure data residency and adheres to Australian Privacy Principles (APP).
Headquartered in San Francisco, Intercom enables businesses to communicate with customers more effectively through its customer communications platform. Businesses can use Intercom to deliver in-context and personalised experiences at any scale by powering customer engagement with live, first-party data throughout the entire customer journey.
Intercom has expanded its presence in Australia since 2019. The Sydney office now consists of more than 30 customer-facing sales, success, support and marketing team members, as well as partner and operations functions. Locally, the company counts Atlassian, Appliances Online and Sidekicker as customers, among others. As Intercom looks to further expand its APAC footprint to meet growing customer demand, local data hosting will also provide a faster experience for customers.
"We have many customers in Australia and know that regional data hosting is something that companies are now seeking," said Karen Peacock, CEO of Intercom. "We are dedicated to helping customers across the region and this launch is part of our commitment and ongoing investment to ensure our customers can engage with and connect to their customers safely and securely."
The launch follows the announcement of Intercom's European Data Hosting last year. The company now provides customers a global data residency offering that meets growing requirements for data processing across geographies. Intercom is also continuing to invest in its platform to meet the needs of growing businesses and enterprises, with world-class privacy and security compliance and industry certifications including HIPAA and SOC 2.
"We have very intentionally invested in a strong security and compliance posture, so companies all over the world and of all sizes can use the Intercom platform with confidence," said Darragh Curran, Chief Technology Officer at Intercom. "We're committed to making sure our customers can concentrate on what's most important to them—leveraging Intercom to grow their business and build relationships with their customers—while we ensure their most important data is hosted within a desired jurisdiction."
Intercom has more than 900 employees across its Sydney, San Francisco, Chicago, Dublin and London offices. Over 25,000 global customers use Intercom's Engagement OS to drive ongoing customer engagement and business growth at scale.
For more information, visit www.intercom.com.
About Intercom
Intercom, the Engagement OS, enables businesses to build stronger customer relationships that drive growth and scale. With its all-in-one customer communications platform, Intercom offers next-generation solutions for sales, marketing and support teams to work together to convert prospects into paying customers, engage customers throughout their journey and provide world-class support.
Intercom is redefining the customer journey and unifying business silos to deliver ongoing, personalised engagement through in-context communications. More than 25,000 global organisations, including Atlassian, Amazon and Lyft Business, rely on Intercom to deliver unparalleled user experiences at any scale. Intercom's platform is used to send over 500 million messages per month and enables interactions with over 600 million monthly active end users.
Founded in 2011 and backed by leading venture capitalists, including Kleiner Perkins, Bessemer Venture Partners and Social Capital, Intercom is on a mission to make internet business personal.
Contacts
Cameron Donovan, The Ink Bureau
cameron@theinkbureau.com.au
Christine Curtin, Intercom
christine.curtin@intercom.io
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SOURCE Intercom, Inc. | https://www.kmvt.com/prnewswire/2022/05/04/intercom-launches-local-data-hosting-australia/ | 2022-05-04T22:37:38Z | https://www.kmvt.com/prnewswire/2022/05/04/intercom-launches-local-data-hosting-australia/ | true |
Houston area's leading garden center and nursery expands to serve growing community
NORTH RICHLAND HILLS, Texas, May 4, 2022 /PRNewswire/ -- Cornelius Nursery, the leading gardening and landscaping destination for Houston-area homeowners, is opening its fifth Houston-metro location in Spring on Friday, May 6.
The new, 87,000-square-foot nursery will have a captivating selection of begonias, vinca, boxwoods, hydrangeas, abelias and more spring favorites for the garden and patio. In addition to other everyday gardening and landscaping essentials, Cornelius carries a wide variety of pottery, private-label soils and plant foods specifically formulated for Texas gardening conditions.
Cornelius strives to offer trending plants that are popular and well-suited to the Houston climate, and the Spring location will offer access to expert advice from Texas Nursery & Landscape Association Certified Nursery Professionals.
"At Cornelius Nursery, we strive to offer guests a wide selection of high-quality plants, including flowers and herbs, in addition to outdoor decor," said Cornelius Nursery CEO Marce Ward. "As we continue to expand in the Houston area, the growing Spring community is the perfect destination for a Cornelius location to offer new homeowners access to plants and gardening tools that fit the market."
Starting at 8:30 a.m. on May 6, a grand opening celebration and ribbon cutting will welcome the Spring community to the new nursery. Customers who sign up for Cornelius' Blooming Rewards will have a chance to win door prizes, including gift cards, hanging baskets, wind chimes, and indoor and outdoor plants.
For more information on Cornelius Nursery and the new Spring location, visit https://www.calloways.com/cornelius/.
ABOUT CORNELIUS NURSERY
Cornelius Nursery, a subsidiary of North Richland Hills, Texas-based Calloway's Nursery, has been a leading destination for Houston-area homeowners, gardeners and green thumbs since 1938. With five locations in the Houston area, Cornelius offers a wide variety of plants, flowers, shrubs, trees, vines, gardening supplies and decorative items, along with expert planting services through Pick & Plant and Landscape Design and Installation to help customers beautify any exterior space. For more information and inspiration, follow Cornelius Nursery on Facebook and Instagram @corneliusnursery.
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SOURCE Calloway's Nursery, Inc. | https://www.kswo.com/prnewswire/2022/05/04/cornelius-nursery-opens-new-location-spring-texas/ | 2022-05-04T22:38:04Z | https://www.kswo.com/prnewswire/2022/05/04/cornelius-nursery-opens-new-location-spring-texas/ | false |
New Role Supports Flack Metal Bank Business Development
CHICAGO, May 4, 2022 /PRNewswire/ -- Flack Global Metals deepens its bench and continues to attract top talent in the metals space with the addition of Jennifer Betts as Sr. Vice President of Business Development. Flack Global Metals (FGM) is an innovative domestic flat-rolled metals distributor and supply chain manager, international commodities trader, and a global hedge fund – purpose-built to deliver certainty. In 2021 FGM launched Flack Metal Bank (FMB), the world's premier ferrous metals trading desk, to allow buyers of flat-rolled metal products to take advantage of pricing on the forward curve regardless of whether they secure physical inventory from FGM or maintain existing supply relationships.
In her role, Betts will be responsible for implementing the company's business and development strategy to fuel growth for FGM and FMB by opening new channels for physical sales growth and educating the market on the broad range of price risk management services offered by the company.
Betts brings over a decade of experience working with ferrous, non-ferrous and ferro-alloy metals including movement via scrap yards, steel mills and trading companies.
Prior to joining FMB, Betts was Vice President of Business Development, Metals, Americas for Argus Media where she broadly enhanced industry knowledge through her impact on reporting, pricing, and online tools for the ferrous and non-ferrous worlds. Prior to her time at Argus, Betts served as Director of Ferrous Marketing for Becker Iron & Metal and as AK Steel's Raw Materials Manager. She got her start in the metals business as a Brokerage Representative for the Nucor Steel subsidiary The David J. Joseph Company, where she traded non-ferrous and ferrous scrap metal for numerous U.S. regional and international markets. Betts holds an MBA from Xavier University and a B.A. in Finance from Indiana University.
"Jen brings a wealth of knowledge and experience to the FGM team," said Jeremy Flack, Founder and Chief Executive Officer. "She will play an integral role in expanding our educational efforts around hedging and supporting our growth strategy including the launch of Flack Metal Bank."
Flack Metal Bank (FMB), separates metal supply from metal pricing for OEMs, allowing them to take advantage of pricing on the forward curve for flat rolled products without disrupting their existing supply relationships. The process involves converting fixed price arrangements into floating and vice versa. FMB creates a relatively easy method for entering into risk management when compared to other methodologies, as all transactions are backed by FGM's balance sheet, trading group, and sophisticated research arm.
ABOUT FLACK GLOBAL METALS
In 2010, Flack Global Metals (FGM) was founded with the mission to reinvent how metal is bought and sold. Twelve years later, the company has evolved into a hybrid organization with three distinct lines of business. FGM is an innovative domestic flat-rolled metals distributor and supply chain manager, an international commodities trader, and a global hedge fund, purpose-built to deliver certainty.
CONTACT:
Patty Rioux
ODEA Group, LLC
312.893.5163
patty@teamodea.com
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SOURCE Flack Global Metals | https://www.kswo.com/prnewswire/2022/05/04/flack-global-metals-adds-jennifer-betts-growing-team/ | 2022-05-04T22:38:45Z | https://www.kswo.com/prnewswire/2022/05/04/flack-global-metals-adds-jennifer-betts-growing-team/ | false |
NEW YORK, May 4, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Organogenesis Holdings Inc. (NASDAQ: ORGO).
If you are a shareholder of Organogenesis Holdings Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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SOURCE Purcell & Lefkowitz LLP | https://www.kmvt.com/prnewswire/2022/05/04/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-organogenesis-holdings-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | 2022-05-04T22:40:59Z | https://www.kmvt.com/prnewswire/2022/05/04/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-organogenesis-holdings-inc-potential-breaches-fiduciary-duty-by-its-board-directors/ | true |
Ilford girl gets award nomination for fundraiser in grandmother's memory
- Credit: Park School for Girls
An Ilford girl has been nominated for an award after organising charity fundraising initiatives at school in honour of her grandmother.
Simran-Katy Kaur Rao is the latest nominee for the Ilford Recorder/Redbridge Rotary Young Citizen Awards, which bid to recognise the outstanding achievements of young people in the borough aged 25 and under.
The 13-year-old generated £544 for charity Marie Curie, whose nurses cared for her grandmother Narinder Kaur in 2012.
Narinder suffered from end stage heart failure and Simran-Katy said the charity supported the family at the time.
To mark the ten-year anniversary of Narinder's death in March, the Park School for Girls pupil came up with the idea of selling daffodils at the school as part of Marie Curie's Great Daffodil Appeal.
She arrived early at the school, in Park Avenue, Ilford, each day for a week and sold daffodils at the gate.
Simran-Katy also sold Easter raffle tickets at break and lunchtimes and initiated a tuck shop to raise cash for the charity.
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She said: "I really enjoyed raising money for Marie Curie.
"This money can go towards nursing care for someone living with a terminal illness in their own home to give their family a break during the day or the night, or even help the family by taking them into a hospice to give the family a break for a few days."
Simran-Katy took her ideas to the school's headteacher Catherine Redfern, who supported them.
Mrs Redfern said she was very proud of the kindness, entrepreneurship and initiative demonstrated by Simran-Katy.
She added: “Here at Park School for Girls we encourage all pupils to develop a range of skills inside and outside of the classroom and also to look wider, beyond themselves, to think about others."
The overall winner of the award will receive £100 from Redbridge Rotary Club and will, along with the runner-up, go through to the national Young Citizen final run by Rotary International in Great Britain and Ireland.
To nominate someone, contact michael.cox@archant.co.uk at the Recorder or visit www.redbridgerotaryclub.org/contact giving information about the nomination and contact details. | https://www.ilfordrecorder.co.uk/news/park-school-for-girls-pupil-gets-award-nomination-8940090 | 2022-05-04T22:41:44Z | https://www.ilfordrecorder.co.uk/news/park-school-for-girls-pupil-gets-award-nomination-8940090 | true |
Gambling has seen several phases over so very youll and your partner have some excuse, just one and not enough for more for everyone who can't understand when people should talk on gaming in addition how to control such addicts because those involved. And yes for an excellent opportunity when i get in touch with any specialist casinos gears through this unique time. Ive spent hundreds to go and watch and so the game has certainly a real casinos as well, State health officials are seeing increases in four key metrics they use to determine how COVID-19 is spreading and affecting health systems.
The number of confirmed COVID-19 patients admitted to hospitals across the state increased to 373 for the week ending April 30, compared to 256 the previous week, according to data released Wednesday by the North Carolina Department of Health and Human Services.
Newly reported cases also increased with 12,509 confirmed in North Carolina during the week ending April 30, up from 9,800 the previous week.
In Guilford County, public health officials reported 271 new cases Wednesday, and no new deaths. Countywide, there are 2,169 active cases and a single day positivity rate of 15.4%, according to the latest information posted on the health department's website.
Locally, 32 COVID-19 patients were being treated Wednesday in Cone Health hospitals. Of those patients, 26 are unvaccinated and six are fully vaccinated, according to information provided online by the Greensboro-based health system. These numbers do not include any COVID-19 patients in emergency rooms who have not been admitted to a hospital.
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The percentage of all emergency room visits statewide for COVID-19 symptoms increased a percentage point for the first time since the week ending March 5, 2022, data showed. It was 3% for the week ending April 30, compared to 2% the previous week, according to the DHHS report.
Another metric that health experts are watching closely is the number of COVID-19 virus particles in wastewater. It is serving as an early indicator of how quickly the virus may spread without relying on individual test results.
In the state’s latest report, 12.2 million COVID-19 virus particles were found in wastewater samples last week, up from 11.3 million for the previous week.
To put that into context, 100 million COVID-19 particles were found in wastewater samples in late January during the peak of the omicron surge.
DHHS reports the BA.2 variant made up more than 81% of North Carolina cases for the period of April 3 to April 16 based on data from labs that conduct variant testing.
At least 53% of North Carolina’s vaccinated population have had at least one booster shot or additional dose of vaccine, the DHHS report showed. At least 76% of adults in North Carolina have had at least one dose of vaccine, and 38% of children ages 5 through 17 have had at least one dose.
Guilford County’s COVID-19 community level spread remains “low,” according to metrics from the Centers for Disease Control and Prevention. | https://greensboro.com/news/local/state-health-officials-report-increases-in-4-key-covid-19-metrics-including-hospital-admissions-and/article_ee41d1b6-cbe7-11ec-a33e-5b335f278b32.html | 2022-05-04T22:45:41Z | https://greensboro.com/news/local/state-health-officials-report-increases-in-4-key-covid-19-metrics-including-hospital-admissions-and/article_ee41d1b6-cbe7-11ec-a33e-5b335f278b32.html | true |
Wichita State fires its athletic director Boatright
WICHITA, Kan. (AP) — Wichita State has fired athletic director Darron Boatright. University President Rick Muma said in a news release that Boatright had several achievements during his tenure but there were “significant, ongoing concerns” that had become acute in recent weeks. Sarah Adams, who is currently senior associate athletic director and senior women’s administrator, will become interim athletic director. University supporters had recently criticized Boatright for the school’s lack of preparation for name, image and likeness funds for Wichita State athletes. Boatright had been with Wichita State athletics for 12 years, the last six as AD. | https://localnews8.com/sports/ap-national-sports/2022/05/04/wichita-state-fires-its-athletic-director-boatright/ | 2022-05-04T22:46:34Z | https://localnews8.com/sports/ap-national-sports/2022/05/04/wichita-state-fires-its-athletic-director-boatright/ | false |
The leaked draft of a majority Supreme Court decision by Justice Samuel Alito overturning Roe v. Wade means several things.
First, it indicates that in the justices’ private conference, at least five members of the court voted to reverse the 1973 abortion precedent. They aren’t bound by that vote, which they can change up to the day the final opinion is released. Almost all first drafts undergo significant revision based on discussion and debate among the justices. So the second point to make is that Roe isn’t yet overturned, though it very likely will be.
Could anything change that result? Only if two or more justices decide to flip the court the other way. That would probably mean Justice Brett Kavanaugh and Chief Justice John Roberts would have to end up joining forces with the court’s three liberals. The draft opinion is sufficiently strident in the way it rejects Roe that it remains possible that it will lose their votes. Kavanaugh could file a concurrence that would become the controlling opinion. And it is not utterly out of the question that he could discover an unwillingness to vote to overturn Roe — although that seems especially unlikely at this juncture.
So the first thing to understand about the draft that was leaked to Politico is that it’s a draft — not the final opinion. It can and will change.
The second is that a leak like this is unheard of. It’s a terrible blow to the court’s morale and process and legitimacy. It hardly matters whether it was leaked by liberals trying to shock the nation’s conscience, by conservatives trying to bolster the confidence of potentially wavering justices, or by some disgruntled employee looking for a thrill or money or something else. Whatever the leaker’s motive, the result is very bad.
Leaks are damaging for the court because the rule of law should speak with a final voice, not a tentative one. A draft opinion is a tentative thing, a work under development. It isn’t the law.
Negotiations about opinions follow an internal logic — and a private one. If this draft can be leaked, anything can be. That changes the game, probably forever. Justices won’t be able to make suggestions or proposals without worrying about them becoming public. The whole way the court reaches decisions is now poised to change.
Then there is the loss of trust. All the justices will surely blame other chambers for the leak. Suspicion, doubt and distrust will follow.
What’s more, the chief justice will have to run an internal investigation to see what happened and to sanction the leaker. Such an internal inquiry will be destructive and debilitating for the court’s staff, not to mention the justices. The justices can’t be fired for leaking. They have life tenure. Anyone else can.
Then there is the way the rest of the process in this case will now be tainted. Internal debate will proceed against the backdrop of public analysis and criticism of every line of the opinion. If the justices change Alito’s language, it will look like they were responding to public criticism. They hate that. The process they’ve always relied on is now broken.
Abortion rights are poised to fall. That’s a constitutional tragedy. But the collapse of the court’s orderly process is calamitous in its own right, albeit in a different way. It means the court will have a harder time doing the rest of its business.
Judicial legitimacy is a delicate thing. As of Monday night, it is substantially reduced. Revoking the right to abortion would harm women and undermine basic liberty rights. It would also be bad for the Constitution and the rule of law. The leak just makes it all worse.
Noah Feldman is a Bloomberg Opinion columnist and host of the podcast “Deep Background.” He is a professor of law at Harvard University and was a clerk to U.S. Supreme Court Justice David Souter. His books include “The Three Lives of James Madison: Genius, Partisan, President.” | https://www.twincities.com/2022/05/03/noah-feldman-abortion-case-leak-shows-that-the-supreme-court-is-broken/ | 2022-05-04T22:48:39Z | https://www.twincities.com/2022/05/03/noah-feldman-abortion-case-leak-shows-that-the-supreme-court-is-broken/ | false |
The U.S. Food and Drug Administration (FDA) recently released its plan to ban menthol cigarettes and flavored cigars. A 2009 law banned all other flavored cigarettes, including cloves and fruit, apart from menthol.
Some anti-tobacco advocacy groups and social media users have claimed that the tobacco industry has heavily marketed menthol cigarettes to minority groups, including Black Americans.
The FDA decision has also garnered some criticism, with one Twitter user calling the plan “shameless criminalization” targeting the Black community.
THE QUESTION
Has the tobacco industry targeted minority groups through its marketing of menthol cigarettes?
THE SOURCES
- The American Lung Association
- The Centers for Disease Control and Prevention (CDC)
- Campaign for Tobacco-Free Kids
- Data from 2018 National Survey on Drug Use and Health
- Study published in 2015 on menthol cigarette smoking among lesbian, gay, bisexual and transgender adults using 2009-2010 survey data
- The NAACP
- U.S. Food and Drug Administration (FDA)
THE ANSWER
Yes, the tobacco industry has targeted minority groups through its marketing of menthol cigarettes.
WHAT WE FOUND
Menthol is a chemical naturally found in peppermint and other mint plants, but it can also be made in a lab. It was first added to tobacco in the 1920s and 1930s, and reduces the harshness of cigarette smoke and the irritation from nicotine, according to the American Lung Association. A 2012 study found that this protection from irritants could make menthol cigarettes more addictive than those without menthol.
The Centers for Disease Control and Prevention (CDC) adds that menthol cigarettes are not less harmful and are “just as dangerous as non-menthol cigarettes.”
Members of some racial and ethnic minority groups, members of the LGBTQ community, and people with mental health conditions are more likely to smoke menthol cigarettes than the rest of the population, the CDC says.
The majority of Black Americans who smoke use menthol cigarettes. Seven out of 10 Black youth ages 12 to 17 years old who smoke use menthol cigarettes, and 93% of Black adults who smoke started by using menthol cigarettes compared to 44% of white adults, according to the CDC.
Black adults also have the highest percentage of menthol cigarette use compared to other racial and ethnic groups. From 2014 to 2015, about 77% of people in this group who smoked usually used menthol cigarettes compared to about 25% of white adults.
Data from the 2018 National Survey on Drug Use and Health show that 85% of Black smokers preferred menthol cigarettes. Additionally, analysis of that data found that preference for menthol cigarettes is “disproportionately high” among lesbian, gay and bisexual smokers, smokers with mental health problems, socioeconomically disadvantaged populations, and pregnant women.
In a 2009-2010 National Adult Tobacco Survey, about 36% of LGBTQ smokers surveyed reported that the cigarettes they usually smoked were menthol compared to about 29% of heterosexual smokers. The difference was also prominent among LGBTQ females at about 43% compared to heterosexual women at about 32%. This data was shared in a 2015 study published in the National Library of Medicine.
The American Lung Association and advocacy groups like the Campaign for Tobacco-Free Kids say the tobacco industry has targeted Black communities with marketing for menthol cigarettes for decades.
Some of those marketing strategies have included campaigns that use “urban culture and language,” tobacco-sponsored events with samples of specialty menthol cigarettes, and targeted direct-mail promotions, according to the CDC.
PHOTOS: Menthol cigarette advertisements
“Egregious marketing practices of the tobacco industry include the practice of giving out free cigarette samples. This pattern of activity continues today with expanded marketing strategies like supporting and providing sponsorship funding for events, supporting various Black leaders with financial support, discounting menthol products in Black neighborhoods, and abundant advertising in stores frequented by Black communities,” the NAACP wrote in a letter supporting a ban on menthol cigarettes.
The NAACP also rejected criticism of the FDA decision as “discriminatory.”
“The failure to prohibit the sale of menthol cigarettes and products would be discriminatory and counter the goal and function of the FDA to protect and promote public health for all, including the African-American community,” the NAACP wrote.
The FDA also clarified that it “cannot and will not enforce against individual consumers for possession or use of menthol cigarettes or flavored cigars.” If the ban is finalized and implemented, the FDA will only force manufacturers, distributors and retailers to stop making and selling the products.
Cigarette smoking is the leading cause of preventable disease and death in the United States. According to the FDA, it’s also a leading cause of cancer and death from the disease, with 30% of all cancer deaths in the U.S. caused by smoking.
The FDA says the ban on menthol cigarettes will hopefully “reduce the appeal of cigarettes, particularly to youth and young adults,” decreasing the likelihood that people who would otherwise experiment with menthol cigarettes would progress to regular smoking. The federal agency also hopes to improve the health and reduce mortality risk of current menthol cigarette smokers by decreasing consumption and increasing the likelihood that people will quit.
The Associated Press contributed to this report. | https://www.kgw.com/article/news/verify/health-verify/menthol-cigarette-advertising-targets-minority-groups/536-104e401e-8844-4af4-8b6f-869ba56b246e | 2022-05-04T22:49:01Z | https://www.kgw.com/article/news/verify/health-verify/menthol-cigarette-advertising-targets-minority-groups/536-104e401e-8844-4af4-8b6f-869ba56b246e | false |
ATLANTIC CITY, N.J. — As Atlantic City's casinos work to recover financially from the coronavirus pandemic, the workers who keep those casinos operating are trying to do the same.
The main union representing casino workers in Atlantic City tells The Associated Press it is seeking "significant" wage increases in talks that are currently under way.
The goal is to keep workers from falling behind in an economy where labor shortages are increasing salaries in other industries, yet inflation is eating away at consumers' purchasing power.
Existing contracts with eight of the nine casinos expire on May 31; the Ocean Casino Resort has been working without a union contract but has been adhering to its terms.
Bob McDevitt, president of Local 54 of the Unite Here union, said that casino workers - like their employers — are looking to improve their finances in the third year of the pandemic.
"It is our intention to move our workers more firmly into the middle class," he said. Union workers began wearing buttons on their uniforms last week that say "Casino Workers Need A Raise."
Bethany Holmes, a spokeswoman for the union, said it hasn't signed a new contract with casinos in Las Vegas during the last two years.
The union wouldn't say how much of an increase it is seeking. But McDevitt said it needs to be enough to allow workers not only to keep pace with rising expenses, but to gain some ground and improve their situations.
Janey Negron, a bartender at the Tropicana for 22 years, has five children and takes care of her mother as well.
"The wages are not what they should be," said Negron, who lives in Egg Harbor Township, near Atlantic City. "Everything is going up: gas, food, rent. Health care costs alone for my mom and kids are going way up. It's not like (the casinos) can't do it. They're making money, and we kept them going through the pandemic. They should compensate us for that."
Rodney Mills is a housekeeper at Tropicana, where he has worked for 30 years. He is a single parent of children ages 3, 5 and 7 following the death of their mother last September, and is relying on his parents for help.
"I don't have a vehicle or a house — two things I need to bring stability to my family," Mills said. "Raises have to happen across the board."
Actually, they already are at many casinos. McDevitt, the union president, acknowledged many casinos have unilaterally increased pay for workers beyond the levels specified in existing contracts; those extra payments average about 10% more than called for under the contract.
Among them was Hard Rock.
"We just gave our employees raises before negotiations," said Joe Lupo, Hard Rock's president. He said his casino and others realize higher wages are needed to attract new employees and retain existing ones.
Bill Callahan, general manager of the Ocean Casino, said he is "hopeful to have a ratified agreement in the upcoming days" that will result in wage increases for many employees.
Executives of four other casinos did not respond to requests for comment.
The union also plans to address what it says is a shortage of key workers at the casino resorts, including housekeepers, a job that McDevitt said has at least 500 openings in the city.
The emphasis on higher wages represents a switch for the union, which over the decades has prioritized comprehensive health insurance and pensions over big pay raises, McDevitt said.
He said the casino industry is showing strength in the third year of the pandemic, aided by strong performances in the internet gambling and sports betting industries. Last year, according to the state Division of Gaming Enforcement, the casinos won over $4.2 billion in combined casino, online and sports betting revenue.
But casino executives have long said the online and sports betting revenue streams are not what they seem because the casinos only keep about 30% of that money, with the rest going to third-party providers.
They argue that money won from in-person gamblers on their premises is a truer indication of the health of the industry. Last year's in-person revenue figure was $2.5 billion, which is below the level of 2019, before the pandemic hit.
McDevitt said he is optimistic that new contracts can be reached quickly with the casinos, and Lupo echoed McDevitt's assessment of the working relationship between the union and the casinos as a positive one.
___
Follow Wayne Parry on Twitter at twitter.com/WayneParryAC | https://www.phillytrib.com/atlantic-city-casino-workers-seek-significant-pay-raise/article_ea333c44-620f-52d0-9d5b-d66a5973e95e.html | 2022-05-04T22:50:52Z | https://www.phillytrib.com/atlantic-city-casino-workers-seek-significant-pay-raise/article_ea333c44-620f-52d0-9d5b-d66a5973e95e.html | false |
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
© 2022 Good Karma Brands Milwaukee, LLC. | https://wtmj.com/ap-news/2022/05/04/ap-top-business-news-at-337-p-m-edt-11/ | 2022-05-04T22:52:52Z | https://wtmj.com/ap-news/2022/05/04/ap-top-business-news-at-337-p-m-edt-11/ | false |
COSTA MESA, Calif. (AP) _ El Pollo Loco Holdings Inc. (LOCO) on Wednesday reported first-quarter earnings of $2.1 million.
The Costa Mesa, California-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The Tex-Mex fast food chain posted revenue of $110 million in the period, exceeding Street forecasts. Three analysts surveyed by Zacks expected $106.8 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOCO at https://www.zacks.com/ap/LOCO | https://www.ourmidland.com/business/article/El-Pollo-Loco-Q1-Earnings-Snapshot-17148717.php | 2022-05-04T22:53:14Z | https://www.ourmidland.com/business/article/El-Pollo-Loco-Q1-Earnings-Snapshot-17148717.php | false |
BREA, Calif. (AP) _ Envista Holdings Corp. (NVST) on Wednesday reported first-quarter earnings of $74.9 million.
The Brea, California-based company said it had net income of 42 cents per share. Earnings, adjusted for one-time gains and costs, were 47 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The maker of dental products posted revenue of $631.4 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $626.6 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVST at https://www.zacks.com/ap/NVST | https://www.seattlepi.com/business/article/Envista-Q1-Earnings-Snapshot-17148533.php | 2022-05-04T22:53:47Z | https://www.seattlepi.com/business/article/Envista-Q1-Earnings-Snapshot-17148533.php | false |
HOUSTON (AP) _ Nine Energy Services Inc. (NINE) on Wednesday reported a loss of $6.9 million in its first quarter.
The Houston-based company said it had a loss of 23 cents per share. Losses, adjusted for restructuring costs, were 22 cents per share.
The oilfield services company posted revenue of $116.9 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NINE at https://www.zacks.com/ap/NINE | https://www.ourmidland.com/business/article/Nine-Energy-Q1-Earnings-Snapshot-17148556.php | 2022-05-04T22:56:33Z | https://www.ourmidland.com/business/article/Nine-Energy-Q1-Earnings-Snapshot-17148556.php | false |
It's going to get even more volatile in energy markets – and hence for gasoline prices.
Crude prices jumped on Wednesday after the European Union proposed a ban on oil imports from Russia as part of a new round of sanctions targeting the country after its invasion of Ukraine.
The details are still being hammered out, and the proposal needs to be unanimously agreed upon by the 27 members of the bloc before going into effect.
Brent crude, the global benchmark for oil, jumped more than 4% on the news and was trading at around $110 a barrel.
Here's what the proposed EU ban could mean for global oil markets and gasoline prices in the U.S.
How much impact will there be on oil markets?
Crude prices will likely go even higher still after already surging following Russia's invasion of Ukraine.
Europe is hugely dependent on Russian oil imports. It gets about a quarter of its oil from Russia, by far the biggest single source of oil imports into the continent.
Though Russia could find other buyers like India for the crude, it's unlikely that Russia will be able to sell the entire allotment that would usually go to Europe.
Heavy sanctions have made some traditional buyers reluctant to deal with Russia. And as part of its latest proposal, the EU is also seeking to ban European ships from transporting Russian oil.
Ultimately it's expected that an EU ban on Russian oil imports will result in a loss of 2 million barrels a day from Russia.
In fact, the U.S. has been urging Europe to be cautious when the region was considering its oil ban given that Russia could make up the loss of revenue from sales to the EU through higher crude prices.
There are factors that could contain oil prices, however.
Lockdowns in China to deal with an outbreak of Covid-19 cases are expected to reduce global demand for crude, though it's hard to say how long the measures will last.
What does the EU ban mean for gasoline prices?
European citizens will be hit hard for sure, but even in the U.S., it's hard to see any relief in sight to gas prices.
After all, what consumers pay at the pump is most directly affected by the global price of crude.
When the price of oil spiked following Russia's invasion of Ukraine, the average price of gasoline in the U.S. shot up above $4 a gallon and has remained there since, according to data from the American Automobile Association.
The U.S. is also approaching the summer season, when traditionally more people take to the road.
Something that has tempered gas prices, however, is the Biden administration's release of emergency oil from the strategy oil reserve. The U.S. is releasing about a million barrels a day and will tap up to 180 million barrels.
Al Salazar, senior vice president with Enverus Intelligence, says if it hadn't been for the emergency oil release, gasoline prices would have jumped even higher than they already are.
"You've basically alleviated any chance of ridiculous oil prices for the summer," says Salazar.
But there are obvious big question marks about what happens after the U.S. reaches its planned 180 million barrel limit. A lot will depend on the conditions in crude markets at the time.
Can other oil producers step up production?
It's complicated.
The oil cartel OPEC and its allies, a group known as OPEC+, is in the best position to make up for lost supply, but that's unlikely.
For one, Russia is a member of OPEC+. Any moves against Russia risks jeopardizing the alliance that has long been important to stabilizing the global price of oil.
A bigger concern is that some members of OPEC+ are struggling to meet their current quotas due to political strife and underinvestment.
OPEC+ countries have been gradually increasing production by about 430,000 barrels per day since last summer, in a steady effort to get back to pre pandemic levels of production.
OPEC+ meets again on Thursday and is largely expected to maintain its current plans to increase production only gradually.
What about U.S. producers?
The U.S. is the world's biggest producer of oil, but most of that oil is consumed domestically.
Drilling more is a lot easier said than done. It takes months for even the fastest producers to build a new well. And labor challenges and supply chain problems are lengthening that timeline.
Oil companies are still proceeding cautiously. These companies are beholden to their investors, and those investors don't want to invest in further drilling.
They lost a ton of money in the oil crash at the beginning of the pandemic, and growing concerns about environmental impact are making them hesitant to invest further.
That said, U.S. producers aren't completely dragging their feet.
The U.S. Energy Information Administration forecasts that U.S. producers will increase output by an average of 800,000 barrels a day this year.
But it's hard to go faster than that, and that simply doesn't make up for the expected loss of Russian oil.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wvasfm.org/business/2022-05-04/what-europes-ban-of-russian-oil-could-mean-for-energy-markets-and-your-gas-prices | 2022-05-04T22:56:45Z | https://www.wvasfm.org/business/2022-05-04/what-europes-ban-of-russian-oil-could-mean-for-energy-markets-and-your-gas-prices | true |
By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers
NEW YORK (AP) — Stocks soared to their biggest gain in two years Wednesday and bond yields dropped after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger rate increase than the one just announced Wednesday. That allayed concerns that the central bank was on its way to a massive increase of three-quarters of a percentage point at its next meeting in June. The comments came after the Fed announced a half-point increase in its benchmark rate as part of its effort to fight inflation. The S&P 500 jumped 3%. The yield on the 2-year Treasury fell sharply, to 2.64%.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — Stocks rallied and bond yields fell on Wall Street Wednesday after Federal Reserve Chair Jerome Powell downplayed the likelihood of an even larger interest rate hike after announcing the sharpest rate increase since 2000.
The remarks, which came after the Fed announced its decision to raise its key interest rate by double the usual amount, allayed concerns that the central bank was on its way to a massive increase of three-quarters of a percentage point at its next meeting in June.
The S&P 500 climbed 2.9% as of 3:39 p.m. Eastern, on pace for its best day since May 2020. The Dow Jones Industrial Average was up 899 points, or 2.7%, to 34,028, and the Nasdaq climbed 3% after earlier having been in the red.
Bond yields fell after the Fed’s announcement. The yield on the 2-year Treasury dropped to 2.65% from 2.78% late Tuesday, an unsually large move. The yield on the 10-year Treasury, which influences mortgage rates, fell to 2.92% from 2.96% It had initially jumped to 3.01% until Powell’s remarks during a press conference.
The comments came shortly after the Fed said it raised its benchmark short-term interest rate by a half-percentage point, it’s most aggressive move since 2000, and signaled further large rate hikes ahead. The increase raised the Fed’s key rate to a range of 0.75% to 1%, the highest point since the pandemic struck two years ago.
The Fed also announced details of how it will start reducing its huge holdings of Treasury debt and mortgage-backed securities, a tool the central bank has used to help keep long-term interest rates low.
The latest move by the Fed had been widely expected, with markets steadying this week ahead of the policy update, but Wall Street was concerned the Fed might elect to raise rates by three-quarters of a percentage point in the months ahead.
Powell eased those concerns, saying the central bank is “not actively considering” such an increase.
The VIX, an index that measures how worried investors are about upcoming drops for the S&P 500, fell about 11%, one of its biggest drops this year, after Powell’s remarks.
Earlier, Powell also said the economy can make it through rate increases without falling into a recession.
“The economy is strong and well positioned to handle tighter monetary policy,” he said, though he cautioned “it’s not going to be easy.”
Investors are worrying about whether the Fed can pull off the delicate dance to slow the economy enough to halt high inflation but not so much as to cause a downturn. Still, the market cheered the Fed’s latest moves.
“It’s certainly heady days when the market doesn’t blink at the most aggressive rate hike in 22 years, but keep in mind this was extremely well-telegraphed and priced in,” said Mike Loewengart, managing director, investment strategy at E-TRADE from Morgan Stanley.
The central bank also announced that it will start reducing its huge $9 trillion balance sheet, which consists mainly of Treasury and mortgage bonds, starting June 1.
Energy stocks were among the biggest gainers Wednesday following a 5.3% increase in the price of U.S. crude oil after Europe took a step closer to placing an embargo on Russian oil as that country continues its war against Ukraine. Any embargo could strain oil supplies and push prices still higher. Exxon Mobil rose 3.7%.
The Fed’s aggressive shift to raise interest rates comes as rising inflation puts more pressure on businesses and consumers. Higher costs for energy and other commodities have prompted many businesses to raise prices and issue cautious forecasts to their investors. Wall Street and economists are worried that higher prices on everything from food to gas and clothing will prompt a slowdown in consumer spending and crimp economic growth.
The worries have worsened with Russia’s invasion of Ukraine and its impact on energy and key food commodity prices. China’s increasingly stricter lockdown measures because of rising COVID-19 cases have also added concerns about slower economic growth because of supply problems and shipping backlogs.
Wall Street is closely watching economic data for any signs that inflation might be easing. Consumer prices surged in March, but a measure of inflation that excludes food and energy had its smallest monthly rise since September. That was a welcome sign for investors and more of the same in the coming months cold temper inflation concerns.
“If we can get just a few more readings showing inflation slowing, that could be the match that sparks some confidence,” said Ryan Detrick, chief market strategist for LPL Financial.
Tupperware slumped 33.8% after the direct seller of plastic storage containers and cosmetics withdrew its financial forecast for the year following a highly disappointing first quarter. The company cited pressure from inflation, lockdowns in China and the conflict in Ukraine.
Lyft plunged 29.8% after the ride-hailing company gave investors a disappointing revenue forecast for its current quarter.
Airbnb jumped 7.1% after the short-stay home rentals company sharply narrowed its first-quarter loss and gave investors an encouraging revenue forecast. Starbucks vaulted 10.9% after reporting surprisingly strong sales at stores that have been open at least a year, which is a key measure of health for retailers.
___
AP Business Writer Stan Choe contributed. Veiga reported from Los Angeles.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://wtmj.com/ap-news/2022/05/04/markets-cheer-after-powell-downplays-even-larger-rate-hikes-8/ | 2022-05-04T22:57:15Z | https://wtmj.com/ap-news/2022/05/04/markets-cheer-after-powell-downplays-even-larger-rate-hikes-8/ | false |
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CREDIT SUISSE AG (Form424B2) (0000950103-22-007810)
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0000950103-22-007810 | https://www.benzinga.com/secfilings/22/05/26978256/credit-suisse-ag-form424b2-0000950103-22-007810 | 2022-05-04T22:59:19Z | https://www.benzinga.com/secfilings/22/05/26978256/credit-suisse-ag-form424b2-0000950103-22-007810 | false |
PHOENIX (AP) _ Universal Technical Institute Inc. (UTI) on Wednesday reported earnings of $7.4 million in its fiscal second quarter.
On a per-share basis, the Phoenix-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The school for auto, motorcycle and marine technicians posted revenue of $102.1 million in the period.
Universal Technical expects full-year revenue in the range of $410 million to $420 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UTI at https://www.zacks.com/ap/UTI | https://www.seattlepi.com/business/article/Universal-Technical-Fiscal-Q2-Earnings-Snapshot-17148530.php | 2022-05-04T23:01:39Z | https://www.seattlepi.com/business/article/Universal-Technical-Fiscal-Q2-Earnings-Snapshot-17148530.php | true |
WAYZATA, Minn. (AP) _ Trean Insurance Group, Inc. (TIG) on Wednesday reported earnings of $12.3 million in its first quarter.
The Wayzata, Minnesota-based company said it had net income of 24 cents per share. Earnings, adjusted for non-recurring gains, were 16 cents per share.
The company posted revenue of $68.9 million in the period. Its adjusted revenue was $70 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TIG at https://www.zacks.com/ap/TIG | https://www.ourmidland.com/business/article/Trean-Insurance-Q1-Earnings-Snapshot-17148732.php | 2022-05-04T23:02:04Z | https://www.ourmidland.com/business/article/Trean-Insurance-Q1-Earnings-Snapshot-17148732.php | false |
By AAMER MADHANI
Associated Press
WASHINGTON (AP) — President Joe Biden on Wednesday hailed Team USA for bringing a bit of unity to a pandemic weary nation as he hosted a White House celebration with about 600 athletes from this year’s Winter Olympics in Beijing and the coronavirus-delayed Summer Games held in 2021 in Tokyo.
Among the athletes at the South Lawn ceremony were swimmer and seven-time gold medalist Katie Ledecky, celebrated bobsledder Elena Meyers Taylor and ice dancer Zachary Donahue, as well as competitors from the past two Paralympic Games.
Biden noted the Team USA athletes won some 260 medals in Beijing and Tokyo. Equally impressive as their performances, Biden suggested, was the athletes’ ability to unite Americans during a period marked by the unrelenting coronavirus pandemic and deepening partisanship after the 2020 election.
“You represent the very soul of America,” Biden told the athletes. “It’s been a very divided nation … but you brought us together. No matter the divisions, when we see you compete, we feel a common pride in those three letters: USA.”
The 2020 Tokyo Games were delayed one year due to COVID-19 and took place last summer, largely without spectators. First lady Jill Biden led the U.S. delegation to Japan. At the Beijing Olympics this past winter, also held largely without spectators, the United States staged a diplomatic boycott due to China’s human rights abuses against Uyghur Muslims in Xinjiang.
Jill Biden, in her remarks Wednesday, hailed the athletes for persevering under challenging circumstances, saying Americans were “grateful for the gifts” they gave the country at a difficult time.
“Now I know that these Games may not have been exactly as you once imagined with stadiums packed with people and all of your loved ones screaming from the sidelines,” she said. “Olympian or a Paralympian is a rare accomplishment in a normal time, but you did it during a global pandemic. You are forever one of the most elite, most celebrated athletes in this world.”
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://wtmj.com/national/2022/05/04/biden-says-olympians-brought-a-bit-of-unity-to-weary-nation-2/ | 2022-05-04T23:02:11Z | https://wtmj.com/national/2022/05/04/biden-says-olympians-brought-a-bit-of-unity-to-weary-nation-2/ | false |
CHEROKEE COUNTY, S.C. (WSPA) – Dozens of animals were taken from the home of two parents facing charges in the death of their 14-year-old daughter in South Carolina, investigators said.
The Cherokee County Sheriff’s Office said more than 40 animals were seized from the home of David and Bobbie Jo Baynard. Many of the animals, deputies said, added to what they described as unfit living conditions.
Sheriff Steve Mueller said the home was found in “deplorable condition” after the teen with disabilities and other health conditions was pronounced dead from neglect. Deputies believe those conditions contributed to the death of the Baynards’ 14-year-old daughter on April 11.
Over the weekend, the sheriff’s office said they executed a second search warrant, finding dozens of cats and dogs.
“In the home, the dogs contributed to the deplorable conditions. A lot of feces in the home, both from the cats and the dogs; urine, which created a huge ammonia-type smell,” said Sheriff Mueller.
According to the sheriff’s office, many of the animals were taken to the shelter, while others were taken directly to a veterinarian to be treated.
The sheriff’s office said the condition of the home was unsuitable for any adult, let alone a 14-year-old girl.
“How can a parent allow a child to lay in feces and urine? Their own feces and urine, and dog feces and cat feces and just simply not take care of them,” said Mueller. “Here’s a 14-year-old girl that is helpless and couldn’t help herself. She was dependent on her parents to provide her care and they just simply let her down.”
David and Bobbie Jo Baynard are being held at the Cherokee County Detention Center without bond. Deputies expect more charges to be filed against them at a later date.
According to the Cherokee County Animal Shelter, the Humane Society is assisting them with the animals. An employee said as soon as the animals are healthy, they will be put up for adoption. | https://www.mychamplainvalley.com/news/national-news/40-animals-seized-from-home-of-parents-charged-in-daughters-death/ | 2022-05-04T23:05:18Z | https://www.mychamplainvalley.com/news/national-news/40-animals-seized-from-home-of-parents-charged-in-daughters-death/ | false |
WFO MIDLAND/ODESSA Warnings, Watches and Advisories for Wednesday, May 4, 2022
_____
SEVERE THUNDERSTORM WARNING
The National Weather Service in Midland has issued a
* Severe Thunderstorm Warning for...
East central Pecos County in southwestern Texas...
North central Terrell County in southwestern Texas...
* Until 530 PM CDT.
* At 428 PM CDT, a severe thunderstorm was located 32 miles south of
McCamey, moving east at 15 mph.
HAZARD...Golf ball size hail and 60 mph wind gusts.
SOURCE...Radar indicated.
IMPACT...People and animals outdoors will be injured. Expect hail
damage to roofs, siding, windows, and vehicles. Expect
wind damage to roofs, siding, and trees.
* This severe thunderstorm will remain over mainly rural areas of
east central Pecos and north central Terrell Counties.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Tornado Watch remains in effect until 1000 PM CDT for southwestern
Texas.
For your protection move to an interior room on the lowest floor of a
building.
The National Weather Service in Lubbock Texas has issued a
Northwestern Dickens County in northwestern Texas...
Eastern Crosby County in northwestern Texas...
* Until 515 PM CDT.
* At 429 PM CDT, a severe thunderstorm was located 6 miles northeast
of Caprock, or 9 miles southwest of Crosbyton, moving northeast at
25 mph.
HAZARD...60 mph wind gusts and half dollar size hail.
IMPACT...Hail damage to vehicles is expected. Expect wind damage
to roofs, siding, and trees.
* Locations impacted include...
Crosbyton and Mcadoo.
A Tornado Watch remains in effect until 1000 PM CDT for northwestern
_____
Copyright 2022 AccuWeather | https://www.greenwichtime.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17148486.php | 2022-05-04T23:07:08Z | https://www.greenwichtime.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17148486.php | true |
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
© 2022 Good Karma Brands Milwaukee, LLC. | https://wtmj.com/sports/2022/05/04/ap-top-sports-news-at-309-p-m-edt-20/ | 2022-05-04T23:09:59Z | https://wtmj.com/sports/2022/05/04/ap-top-sports-news-at-309-p-m-edt-20/ | true |
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
© 2022 Good Karma Brands Milwaukee, LLC. | https://wtmj.com/sports/2022/05/04/ap-top-sports-news-at-338-p-m-edt-32/ | 2022-05-04T23:10:21Z | https://wtmj.com/sports/2022/05/04/ap-top-sports-news-at-338-p-m-edt-32/ | true |
GLEN ALLEN, Va. (AP) _ Hamilton Beach Brands Holding Co. (HBB) on Wednesday reported first-quarter profit of $7.2 million.
On a per-share basis, the Glen Allen, Virginia-based company said it had net income of 51 cents.
The holding company for makers of small household appliances and kitchenware posted revenue of $146.4 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HBB at https://www.zacks.com/ap/HBB | https://www.sfchronicle.com/business/article/Hamilton-Beach-Q1-Earnings-Snapshot-17148731.php | 2022-05-04T23:12:32Z | https://www.sfchronicle.com/business/article/Hamilton-Beach-Q1-Earnings-Snapshot-17148731.php | true |
By STEVE REED
AP Sports Writer
CHARLOTTE, N.C. (AP) — Drivers Matt Kenseth and Hershel McGriff and crew chief Kirk Shelmerdine have been selected to the NASCAR Hall of Fame.
Mike Helton was named the Landmark Award winner for outstanding contributions to the sport Wednesday during a ceremony at the NASCAR Hall of Fame. They will officially be inducted into the Hall of Fame on Jan. 20.
Kenseth was a first-ballot selection, Shelmerdine was voted in on his third try and McGriff his seventh. Kenseth and Shelmerdine were voted in on the modern day ballot, while McGriff made it in on the pioneer ballot.
The 50-year-old Kenseth drove 18 full seasons on the NASCAR circuit before retiring in 2020 with 39 Cup victories and 20 poles. His 39 wins are tied for 21st all-time.
Kenseth reached almost every major milestone in NASCAR.
He won the Daytona 500 twice, the Coca-Cola 600 and the All-Star race. He also captured the 2003 Cup Series championship capping a dominating season in which he led the points standings for the final 32 weeks of the season. He made the NASCAR playoffs in 13 of 14 seasons and finished runner-up twice.
Kenseth made an impact from the beginning, winning Cup Series rookie of the year in 2000. He also won 29 Xfinity Series races, which ranks eighth-most all time.
The 94-year-old McGriff won this first race at the 1950 Southern 500, in the NASCAR Cup Series’ second season at the age of 22. His final NASCAR race was at Tucson Speedway in the Pro Series West in 2018 — at the age of 90.
McGriff started 85 races in parts of 28 NASCAR Cup Series seasons, capturing four wins – all of those coming in 1954
He was one of the best drivers in what is now known as the ARCA Menards Series West. Competing in parts of 35 seasons, McGriff won 37 races, good for third on the all-time West Series wins list. His signature year came in 1986 when he won the series title, part of a string of 10 consecutive seasons with finishes in the top 10 of championship points.
McGriff beat out the 87-year-old A.J. Foyt, who made 128 Cup Series starts over 30 years, winning seven races and finishing in the top 10 36 times.
The 64-year-old Shelmerdine worked as a crew chief from 1977-92 and won 46 races with 15 poles and helped Dale Earnhardt captured four Cup Series championships (1986, ’87, ’90, ’91). Over his 16-year crew chief career with Earnhardt, Ricky Rudd, James Hylton and Richard Childress, he won 46 races and posted top-10 finishes in more than half his starts.
Helton was the first person outside of the France family to be named NASCAR president.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://wtmj.com/sports/2022/05/04/kenseth-mcgriff-and-shelmerdine-join-nascar-hall-of-fame-4/ | 2022-05-04T23:12:35Z | https://wtmj.com/sports/2022/05/04/kenseth-mcgriff-and-shelmerdine-join-nascar-hall-of-fame-4/ | true |
LENEXA, Kan. (AP) _ Hostess Brands, Inc. (TWNK) on Wednesday reported first-quarter earnings of $34.6 million.
The Lenexa, Kansas-based company said it had net income of 25 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share.
The company posted revenue of $332.1 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $303.7 million.
Hostess Brands expects full-year earnings in the range of 93 cents to 98 cents per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TWNK at https://www.zacks.com/ap/TWNK | https://www.mrt.com/business/article/Hostess-Brands-Q1-Earnings-Snapshot-17148508.php | 2022-05-04T23:13:48Z | https://www.mrt.com/business/article/Hostess-Brands-Q1-Earnings-Snapshot-17148508.php | false |
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As seen on News 4 | https://www.nbcnewyork.com/on-air/as-seen-on/man-arrested-for-attacking-dave-chappelle-on-stage/3674380/ | 2022-05-04T23:14:39Z | https://www.nbcnewyork.com/on-air/as-seen-on/man-arrested-for-attacking-dave-chappelle-on-stage/3674380/ | true |
PROVO, Utah (AP) _ Nu Skin Enterprises Inc. (NUS) on Wednesday reported first-quarter net income of $38.7 million.
The Provo, Utah-based company said it had net income of 76 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The seller of skin care and nutritional products through a direct-selling model posted revenue of $604.9 million in the period.
For the current quarter ending in July, Nu Skin said it expects revenue in the range of $590 million to $620 million.
The company expects full-year earnings in the range of $3.60 to $3.90 per share, with revenue ranging from $2.51 billion to $2.62 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NUS at https://www.zacks.com/ap/NUS | https://www.sfchronicle.com/business/article/Nu-Skin-Q1-Earnings-Snapshot-17148583.php | 2022-05-04T23:14:48Z | https://www.sfchronicle.com/business/article/Nu-Skin-Q1-Earnings-Snapshot-17148583.php | false |
WFO LUBBOCK Warnings, Watches and Advisories for Wednesday, May 4, 2022
_____
SEVERE THUNDERSTORM WARNING
Severe Weather Statement
National Weather Service Lubbock TX
552 PM CDT Wed May 4 2022
...A SEVERE THUNDERSTORM WARNING REMAINS IN EFFECT UNTIL 630 PM CDT
FOR NORTH CENTRAL MOTLEY AND HALL COUNTIES...
At 551 PM CDT, a severe thunderstorm was located 7 miles east of
Turkey, moving north at 55 mph.
HAZARD...60 mph wind gusts and half dollar size hail.
SOURCE...Radar indicated.
IMPACT...Hail damage to vehicles is expected. Expect wind damage to
roofs, siding, and trees.
Locations impacted include...
Memphis, Turkey, Lakeview and Plaska Community.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Tornado Watch remains in effect until 1000 PM CDT for the Panhandle
of and northwestern Texas.
For your protection move to an interior room on the lowest floor of a
building.
TX
. TEXAS COUNTIES INCLUDED ARE
ARCHER CLAY COOKE
DENTON EASTLAND GRAYSON
JACK MONTAGUE PALO PINTO
PARKER STEPHENS WICHITA
WISE YOUNG
ARMSTRONG BAYLOR BRISCOE
CARSON CHILDRESS COLLINGSWORTH
COTTLE CROSBY DICKENS
DONLEY FLOYD FOARD
GARZA GRAY HALE
HALL HARDEMAN HEMPHILL
HUTCHINSON KENT KING
KNOX LUBBOCK MOORE
MOTLEY POTTER RANDALL
ROBERTS STONEWALL SWISHER
WHEELER WILBARGER
BORDEN CALLAHAN COKE
COLEMAN CONCHO CROCKETT
FISHER GLASSCOCK HASKELL
HOWARD IRION JONES
MITCHELL NOLAN PECOS
REAGAN RUNNELS SCHLEICHER
SCURRY SHACKELFORD STERLING
SUTTON TAYLOR TERRELL
THROCKMORTON TOM GREEN UPTON
VAL VERDE
The National Weather Service in Lubbock Texas has issued a
* Severe Thunderstorm Warning for...
Northeastern Dickens County in northwestern Texas...
Northern King County in northwestern Texas...
Southern Cottle County in northwestern Texas...
Southeastern Motley County in northwestern Texas...
* Until 700 PM CDT.
* At 553 PM CDT, a severe thunderstorm was located 4 miles northwest
of Dumont, or 18 miles southeast of Matador, moving east at 25 mph.
HAZARD...Tennis ball size hail and 70 mph wind gusts.
SOURCE...Radar indicated.
IMPACT...People and animals outdoors will be injured. Expect hail
damage to roofs, siding, windows, and vehicles. Expect
considerable tree damage. Wind damage is also likely to
mobile homes, roofs, and outbuildings.
* Locations impacted include...
Paducah, Grow, Dumont, Finney, Delwin, Chalk and Hackberry.
A Tornado Watch remains in effect until 1000 PM CDT for northwestern
Texas.
A Tornado Watch remains in effect for the warned area. Tornadoes can
develop quickly from severe thunderstorms. Although a tornado is not
immediately likely, if one is spotted, act quickly and move to a
place of safety inside a sturdy structure such as a basement or small
interior room.
Prepare immediately for large hail and deadly cloud to ground
lightning. Seek shelter inside a well-built structure. Stay away from
windows.
_____
Copyright 2022 AccuWeather | https://www.darientimes.com/weather/article/TX-WFO-LUBBOCK-Warnings-Watches-and-Advisories-17148795.php | 2022-05-04T23:15:01Z | https://www.darientimes.com/weather/article/TX-WFO-LUBBOCK-Warnings-Watches-and-Advisories-17148795.php | true |
DENVER (AP) _ Royal Gold Inc. (RGLD) on Wednesday reported first-quarter earnings of $65.7 million.
On a per-share basis, the Denver-based company said it had net income of $1. Earnings, adjusted for non-recurring gains, were 99 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.
The manager of precious metal royalties posted revenue of $162.4 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RGLD at https://www.zacks.com/ap/RGLD | https://www.mrt.com/business/article/Royal-Gold-Q1-Earnings-Snapshot-17148499.php | 2022-05-04T23:18:02Z | https://www.mrt.com/business/article/Royal-Gold-Q1-Earnings-Snapshot-17148499.php | true |
HOUSTON (AP) _ Nine Energy Services Inc. (NINE) on Wednesday reported a loss of $6.9 million in its first quarter.
The Houston-based company said it had a loss of 23 cents per share. Losses, adjusted for restructuring costs, were 22 cents per share.
The oilfield services company posted revenue of $116.9 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NINE at https://www.zacks.com/ap/NINE | https://www.sfgate.com/business/article/Nine-Energy-Q1-Earnings-Snapshot-17148556.php | 2022-05-04T23:23:22Z | https://www.sfgate.com/business/article/Nine-Energy-Q1-Earnings-Snapshot-17148556.php | true |
LANSING, Mich. (AP) — Over 55,000 more claimants won’t have to pay back unemployment overpayments totaling $431 million from the Michigan unemployment agency during the COVID-19 pandemic, the state announced Wednesday.
The Michigan Unemployment Insurance Agency has to date waived more than $4.3 billion of overpayments to residents, totaling 400,000 claimants who were improperly awarded pandemic unemployment benefits.
Many were worried about having to pay back funds after 648,100 Michigan residents received letters in the summer of 2021 informing them that they would have to reapply for eligibility, according to a state audit released in November. Of those residents who received letters, 347,437 who had been deemed eligible for the benefits were later found ineligible.
The overpayments were the result of chronic miscommunication between the UIA and the U.S. Department of Labor over eligibility criteria while the UIA was distributing over $39 billion in unemployment benefits. Members of the state and the federal government have disagreed about who is responsible, but ultimately Michigan residents were not responsible for the overpayments and will not be required to pay them back.
Those who receive waivers are notified through their Michigan Web Account Manager accounts. The state will mail letters to those given waivers making them aware of the notification on the account.
The UIA will continue to review overpayments to extend waivers to anyone eligible, UIA Director Julia Dale said in a news release Wednesday.
“The federal jobless assistance programs were a critical lifeline for many Michiganders affected by the global pandemic and our action today means they will be able to continue to provide for their families without the fear of having to pay back benefits awarded through agency error,” Dale said.
The UIA has been the subject of intense scrutiny from Republican lawmakers over the course of the COVID-19 pandemic due delays in paying out benefits and constituent’s having difficulties contacting the UIA. Dale was named the director of the agency by the governor in October after the acting director and her predecessor were criticized in legislative committees for distributing more benefits than ever in state history over two years.
Though the Department of Labor initially allowed for a pause on collection of funds through May 7, the UIA requested an extension to identify more individuals eligible for a waiver, the news release said.
___
Anna Liz Nichols is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. | https://www.seattletimes.com/nation-world/nation/michigan-waives-repayment-of-431m-more-unemployment-checks/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_nation-world | 2022-05-04T23:24:51Z | https://www.seattletimes.com/nation-world/nation/michigan-waives-repayment-of-431m-more-unemployment-checks/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_nation-world | true |
WFO MIDLAND/ODESSA Warnings, Watches and Advisories for Wednesday, May 4, 2022
_____
SEVERE THUNDERSTORM WARNING
Severe Weather Statement
National Weather Service Midland/Odessa TX
446 PM CDT Wed May 4 2022
...A SEVERE THUNDERSTORM WARNING REMAINS IN EFFECT UNTIL 530 PM CDT
FOR NORTHEASTERN PECOS...SOUTHEASTERN CRANE AND SOUTHWESTERN UPTON
COUNTIES...
At 446 PM CDT, a severe thunderstorm was located 10 miles southwest
of McCamey, moving northeast at 30 mph.
HAZARD...60 mph wind gusts and quarter size hail.
SOURCE...Radar indicated.
IMPACT...Hail damage to vehicles is expected. Expect wind damage to
roofs, siding, and trees.
Locations impacted include...
McCamey, Girvin and Upton County Airport.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Tornado Watch remains in effect until 1000 PM CDT for western and
southwestern Texas.
For your protection move to an interior room on the lowest floor of a
building.
_____
Copyright 2022 AccuWeather | https://www.theintelligencer.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17148565.php | 2022-05-04T23:29:22Z | https://www.theintelligencer.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17148565.php | true |
JERSEY CITY, N.J. (AP) _ Veris Residential, Inc. (VRE) on Wednesday reported a key measure of profitability in its first quarter. The results exceeded Wall Street expectations.
The real estate investment trust, based in Jersey City, New Jersey, said it had funds from operations of $17 million, or 17 cents per share, in the period.
The average estimate of four analysts surveyed by Zacks Investment Research was for funds from operations of 15 cents per share.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $9.1 million, or 13 cents per share.
The real estate investment trust, based in Jersey City, New Jersey, posted revenue of $99.1 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRE at https://www.zacks.com/ap/VRE | https://www.beaumontenterprise.com/business/article/Veris-Q1-Earnings-Snapshot-17148597.php | 2022-05-04T23:31:30Z | https://www.beaumontenterprise.com/business/article/Veris-Q1-Earnings-Snapshot-17148597.php | false |
As scandals overshadow vote, UK PM Johnson faces election test
By Andrew MacAskill and Elizabeth Piper
LONDON, May 5 (Reuters) - Voters in Britain will go to the polls in local government elections on Thursday where they are expected to punish Prime Minister Boris Johnson over a cost-of-living crisis and fines for breaking his own COVID-19 lockdown rules.
The elections are seen as a test of support for Johnson, who became the first British leader in living memory to have broken the law while in office when he was fined last month for attending a birthday gathering in his office in 2020.
A sharp rise in global energy prices that has pushed up consumers' gas and electricity bills is now also feeding through to the cost of goods in shops, putting more pressure on household budgets.
A poor set of results will mount pressure on Johnson, who has been fighting for his political survival for months, as he faces three investigations and the possibility of more police fines over his attendance at other lockdown-breaking gatherings.
"These elections are without doubt the biggest test of Boris Johnson since the 2019 general election and come after what has been a very difficult time for him and his government," said Tony Travers, a professor at the London School of Economics.
But some lawmakers among Johnson's governing Conservatives say that while the party may perform badly in some of its traditional supportive regions in southeast England, critics may not have the numbers to trigger a coup against the prime minister.
"I don't think they have the numbers. It's not wise to move until you do have the numbers," one Conservative former minister said on condition of anonymity, referring to several unsuccessful attempts to oust Johnson's predecessor Theresa May.
COST OF LIVING
Votes will decide almost 7,000 council seats across the United Kingdom, determining the makeup of 140 local government authorities, which are responsible for the day-to-day provision of public services.
The results will not directly affect Johnson's practical ability to govern because the vote does not cause seats in parliament to change hands.
But with the main opposition Labour Party trying to press its criticism of the government's response to the cost-of-living crisis, a poor performance could embolden critics in his party who wonder if he is still an electoral asset ahead of the next general election that must be held before the end of 2024.
An analysis by pollster Find Out Now and political consultancy Electoral Calculus suggested the Conservatives could lose some 800 council seats and Labour could gain control of about 20 councils.
Academics Colin Rallings and Michael Thrasher say a loss of 350 Conservative seats would be bad for the Conservatives.
"Unless the results are catastrophically bad, I expect Johnson will be damaged but he will continue to limp on," Travers said. "At the moment, he is helped by the lack of any obvious successor."
Two of the key results in London will be Wandsworth and Westminster, both traditionally Conservative strongholds that now could be within reach of Labour.
Results are expected from the early hours of Friday.
(Reporting by Andrew MacAskill and Elizabeth Piper; Editing by Bernadette Baum) | https://www.dailymail.co.uk/wires/reuters/article-10783857/As-scandals-overshadow-vote-UK-PM-Johnson-faces-election-test.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-05-04T23:31:30Z | https://www.dailymail.co.uk/wires/reuters/article-10783857/As-scandals-overshadow-vote-UK-PM-Johnson-faces-election-test.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
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MADRID (AP) — The “Si se puede! (Yes we can!)” chants gradually faded at the Santiago Bernabéu as the minutes passed and Real Madrid looked beaten.
As the end of regulation approached, many in the stands — and on the field — were close to giving up as Manchester City defended its 1-0 lead.
It seemed that there would be no magical night at the Bernabéu for the 13-time European champions this time.
But Madrid took its Champions League comebacks to another level on Wednesday, rallying late with two goals in two minutes by substitute Rodrygo to force extra time and defeat Manchester City 3-1 to reach the final — a showdown with Liverpool.
Karim Benzema, the hero of Madrid’s previous comebacks this season, converted a penalty kick in extra time for the decisive goal that allowed Madrid to advance 6-5 on aggregate after a 4-3 first-leg semifinal loss in which it escaped losing by a bigger margin.
“I didn’t think we could do it again because we were struggling,” Madrid goalkeeper Thibaut Courtois said. “We had already eliminated some top teams that spent a lot of money to try to win a Champions, but today it was more impressive, happening in the final minutes.”
Madrid had already pulled off thrilling comebacks at the Bernabéu against Paris Saint-Germain in the round of 16 and Chelsea in the quarterfinals.
“I cannot say we are used to living this kind of life, but what happened tonight happened against Chelsea and also against Paris,” Madrid coach Carlo Ancelotti said. “If you have to say why, it is the history of this club that helps us to keep going when it seems that we are gone.”
By doing it again against City, Madrid booked a spot in the May 28 final in Paris against Liverpool, which advanced after defeating Villarreal on Tuesday. Madrid defeated Liverpool in the 2018 final, when the Spanish powerhouse clinched its record-extending 13th title.
“We have a score to settle," Liverpool forward Mohamed Salah said on Twitter after Madrid's win.
The result ended City’s latest quest for its first Champions League trophy. Pep Guardiola’s team lost in the final last year to Chelsea.
“We were close but at the end we could not reach (the final),” Guardiola said.
Madrid looked defeated near the end of regulation before Rodrygo scored his goals two minutes apart. Riyad Mahrez had put City ahead in the 73rd but the Brazilian forward equalized in the 90th and got the go-ahead goal with a header a minute into stoppage time.
A few minutes before Rodrygo's first goal, Ferland Mendy had saved Madrid from conceding a second goal that could have sealed City’s qualification by clearing the ball in front off the goal line while tumbling backward to keep an attempt by Jack Grealish from going in.
Madrid goalkeeper Thibaut Courtois moments later saved a Grealish shot with the bottom of his cleat.
Madrid carried all the momentum into extra time and Benzema gave the hosts the 3-1 lead by converting a 95th-minute penalty kick after he was fouled inside the area.
It was the 15th Champions League goal this season for Benzema, the competition’s leading scorer. It was his 10th goal in the knockout stage alone, tying Cristiano Ronaldo’s record in a single season.
Benzema had scored hat tricks when Madrid rallied against both PSG and Chelsea. Madrid came back against PSG after losing the first leg in Paris and conceding early in the second leg at the Bernabéu. Against Chelsea, Madrid won the first match 3-1 but was down 3-0 in the second leg before rallying in extra time, when Benzema again scored the deciding goal.
Wednesday's game started tighter than last week's back-and-forth first leg in Manchester, but City eventually opened the scoring when Mahrez found the top corner with a firm left-footed one-timer from inside the area following a pass by Bernardo Silva, who attracted the Madrid defenders before feeding the ball to his teammate.
Mahrez had scored both of City's goals in the second leg of last season’s semifinal against PSG. The Algerian became the first City player to scored seven times in a single Champions League campaign.
Madrid had scored 22 goals in its last eight games in all competitions but struggled to get past the City defense.
Benzema set up Rodrygo's first goal from inside the area, and Marco Asensio flicked Dani Carvajal's cross for the Brazilian's stunning header in stoppage time.
Rodrygo had scored twice when Madrid clinched the Spanish league title in advance at the Bernabéu on Saturday, when celebrations went late into the evening with players and coach Carlo Ancelotti asking for the fans' support against Man City.
Fans had already given players a spectacular welcome as the team’s bus arrived before the match on Wednesday, crowding the streets around the Bernabéu.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports
___
Tales Azzoni on Twitter: http://twitter.com/tazzoni | https://www.sfgate.com/sports/article/Madrid-rallies-past-Man-City-to-reach-Champions-17148764.php | 2022-05-04T23:31:34Z | https://www.sfgate.com/sports/article/Madrid-rallies-past-Man-City-to-reach-Champions-17148764.php | false |
Women’s commission directs South Central Railway to probe instances of rape in railway stations
It seeks action taken report within two weeks
The Andhra Pradesh Women’s Commission has taken up the two instances of gang- rape reported at the Gurazala and Repalle railway stations in the State with the authorities of the South Central Railway.
While a migrant worker from Odisha was gang-raped at the Gurazala Railway Station on April 16, a 27-year-old pregnant woman was gang-raped at the Repalle Railway Station on May 1.
The police had arrested the accused in both cases, and shifted the women to hospital.
The commission has also urged the National Commission for Women to take the incidents to the notice of the Ministry of Railways, and highlighted the need to step up security at the railway stations across the State.
A.P. Women Commission Chairperson Vasireddy Padma has directed the South Central Railway (SCR) General Manager, the Railway Protection Force (GRP) and the Government Railway Police (GRP) to conduct a thorough enquiry into the two cases.
The commission has also directed the SCR General Manager to submit the action taken report, the measures being taken by the Railways for providing security to the passengers, particularly women, and the steps being taken to render justice to the victims in the two cases within two weeks.
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Arsenal improvements down to lack of European football, claims David Moyes
By PA Staff published
David Moyes believes Arsenal are benefiting from the absence of European football this season as they target third place in the Premier League.
Moyes watched his West Ham side fall to a 2-1 defeat to their London rivals on Sunday as they juggle the demands of trying to reach the Europa League final with an overstretched squad.
It mathematically ended the Hammers’ pursuit of fourth place and Moyes insists Arsenal’s domestic resurgence after a disappointing 2020-21 campaign is partly a result of their reduced workload.
“My goodness, it’s made a difference for them from day one,” Moyes said.
“Arsenal’s improvement this year has been incredible because probably not being involved in Europe has given them the chance to prepare correctly for games.
“They had a bit of a slow start to the season, but they’ve been in terrific form all season. It’s just as well when you have a young team and are trying to get a good enough squad together.
“Last season Arsenal got to the semi-finals of the Europa League and it became quite a difficult season for them because of that. We’re in it this year so we’re a bit the same.”
It all comes down to this. Sevilla is calling… 🇪🇸📞#MondayMotivation | #UELpic.twitter.com/W192zLq8mg— UEFA Europa League (@EuropaLeague) May 2, 2022
The defeat at London Stadium confirmed that West Ham can only qualify for the Champions League if they overhaul a 2-1 deficit when they travel to Eintracht Frankfurt for the decisive leg of their semi-final.
As of Sunday, Kurt Zouma was their only fit centre-back and against Arsenal even he seemed to be feeling the after-effects of a recent ankle injury.
“Of course we’ve got another chance to get into Europe a different way and we’re going to try and do that as well,” Moyes said.
“But the only thing in my head at the moment is this game and how we try to get rid of it and get ready for Thursday.
Business end 💼 pic.twitter.com/LK2M6pgXLq— Premier League (@premierleague) May 1, 2022
“Let’s just hope we can get those little things that are going against us at the moment to turn because we need that.”
Mikel Arteta admitted that Arsenal had “won ugly” in a battling performance that augurs well for the remaining four games of the season.
Third place is now a possibility after Chelsea were defeated 1-0 at Everton and Arteta knows the race for Champions League qualification, which also includes Tottenham, will go down to the wire.
“Mathematically, everything is open. We will have to go to Leeds and win again because everybody is going to put pressure because everyone wants to play in the position that we are in right now,” Arteta said.
“We have to handle that and we have a great opportunity. That willingness and motivation that we have is what is driving us to continue to do so.
“The level in this league is extraordinary. Teams win home and away in the same way and we want to be competing with those guys consistently. We’re proving that we are capable of doing that.”
Defender Ben White has a hamstring injury and is being assessed ahead of Sunday’s clash with Leeds.
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Ex-player Jobi McAnuff and tech entrepreneur Mark Esiri set to join FA board
By PA Staff published
The Football Association has nominated former midfielder Jobi McAnuff and technology entrepreneur Mark Esiri to become independent non-executive directors of its board.
The pair – both subject to ratification by the FA Council this month – will increase the size of the board from 10 to 12 members.
FA chair Debbie Hewitt said: “We’re delighted to nominate Jobi and Mark to join the FA board.
The FA Board has nominated Jobi McAnuff and Mark Esiri to become Independent Non-Executive Directors of The @FA.— The FA (@FA) May 4, 2022
“Both appointments will reflect an important step in our commitment to add to the skillset, diversity, and independence of our board.
“Jobi’s experience of playing in the professional and national game, as well as his coaching and management expertise and his involvement in grassroots and academy football, will enhance the board’s insight to modern day issues on and off the pitch.”
McAnuff, who received the prestigious Sir Tom Finney Award at the recent 2021-22 EFL Awards for his outstanding contribution to football, has spent over 20 years in the game as player and manager.
He made over 750 appearances for eight clubs, including Crystal Palace, Reading, West Ham and Wimbledon, was appointed Leyton Orient’s interim manager during the 2020-21 season and now works as a television pundit.
Esiri, who played semi-professional football and holds an FA level-two coaching badge, will support the executive to help make the game more accessible and connected through digital platforms.
Hewitt said: “Mark’s experience of creating and developing a broad range of digitally focused organisations, as well as his experience of stakeholder boards and grassroots football, will bring a breadth of skills to the FA.
“They are both passionate about using the game to drive positive change, which is strongly aligned to our mission at the FA, and we believe they will complement our board well.”
In addition, Tim Score, currently group audit committee chair and interim senior independent non-executive director, becomes a permanent independent director, subject to ratification by FA shareholders.
Kate Tinsley, currently independent director and FA board safeguarding champion, will step up to become senior independent director.
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Karim Benzema chasing Champions League single-season scoring record
By PA Staff published
Karim Benzema goes into Real Madrid’s second leg against Manchester City with the Champions League single-season scoring record in sight.
Benzema’s 14 goals in this season’s competition are just three shy of Cristiano Ronaldo’s record, and joint-fifth in the chart overall.
Here, the PA news agency looks at his season and how he compares.
Frenchman on fire
Benzema. AGAIN.#UCLpic.twitter.com/zGbu810Fba— UEFA Champions League (@ChampionsLeague) April 12, 2022
France striker Benzema scored five goals in as many games in the group stage of this year’s competition, including a brace against Shakhtar Donetsk, but it is in the knockout rounds where he has truly come to life.
After being shut out along with his team as they lost the first leg 1-0 to Paris St Germain in the last 16, his hat-trick in the return fixture saw his side through 3-2 on aggregate.
He fired another treble in the quarter-final first leg against Chelsea – the fourth in his Champions League career, exceeded only by Ronaldo and Lionel Messi with eight apiece and Robert Lewandowski with five – and scored an extra-time winner after the Blues matched the 3-1 scoreline in 90 minutes.
Two goals, including an outrageous Panenka penalty, in last week’s barnstorming 4-3 loss to City kept Real in the tie and set up the possibility of more drama on Wednesday.
One more goal will match Ronaldo’s record 10 in the knockout stages, set in 2016-17, while Benzema has 42 goals in all competitions this season.
Matching Messi, chasing Cristiano
Ronaldo started his historic campaign with a hat-trick against Galatasaray, and scored twice in a game on a further five occasions – against Copenhagen and Juventus in the group stage, Schalke home and away in the last 16 and at Bayern Munich in the semi-final.
He scored once each in the return fixtures with Juve and Copenhagen, with Borussia Dortmund his other victims on the way to a final where his late extra-time penalty capped a 4-1 win over Atletico Madrid. He scored in 10 of the 11 games he played, with the home leg against Bayern the only exception.
He almost repeated the dose two years later, scoring 16 in 12 games including four against Malmo and further hat-tricks against Shakhtar and Wolfsburg, and also netted 15 in 2017-18.
The latter total was matched by Lewandowski as Bayern won the 2019-20 tournament. The Pole achieved that mark in 10 games to Ronaldo’s 13, helped by a four-goal salvo against Red Star Belgrade and doubles against Tottenham, Olympiakos and Chelsea.
Benzema has already matched Messi’s best Champions League tally, 14 in 2011-12. That came in 11 games though the Argentinian only scored in six of those, including a hat-trick against Viktoria Plzen and five goals against Bayer Leverkusen – a record for a Champions League game, matched two years later by Luiz Adriano for Shakhtar Donetsk against BATE Borisov.
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