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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 This material may not be published, broadcast, rewritten or redistributed.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 This material may not be published, broadcast, rewritten or redistributed.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/2022/07/29/ap-top-sports-news-at-735-a-m-edt-8/ | 2022-07-29T13:18:17Z | https://wtmj.com/sports/2022/07/29/ap-top-sports-news-at-735-a-m-edt-8/ | false |
The RuPaul’s Drag Race All Stars season 7 winner is about to be revealed. Subscribe to Paramount+ to find out which legendary contestant will be the first to reign supreme among a cast made entirely of existing winners.
RuPaul’s Drag Race All Stars invites previous competitors (often fan-favorites) to return to the runway and battle it out in an elevated version of the original competition. Featuring altered rules and an onslaught of surprises, All Stars keeps every drag artist on the tips of their stilettoed toes. Now in its 7th season of wild performance challenges and exquisite runways, RuPaul changed the game (again), asking only existing winners to come claim their spotlight and fight for a place in the Drag Race Hall of Fame. And there’s another twist: no one goes home.
Shea Couleé, Jinx Monsoon, Jada Essence Hall, Monét X Change, Raja, Trinity the Tuck, The Vivienne, and Yvie Oddly readied their wardrobes and repertoires for an altogether unexpected season—and some of the most difficult challenges to date. Throughout each episode, the queens battled for legendary legend stars, hoping to accrue enough wins to secure their place in a Lip Sync LaLaPaRUza finale smackdown for the crown.
They’ve survived the Snatch Game, a ball challenge, courtroom improv, and even a runway session with legendary supermodel Naomi Campbell. With every maxi challenge completed, the top four All Stars must now face a lip sync battle for the ultimate icon status—the best of the best, legendary legend status.
Check out last week’s maxi challenge:
Where to watch:
You can stream RuPaul’s Drag Race All Stars season 7 for free when you register for Paramount+ (try it free). With plans starting at just $4.99/month, get started and unearth a mountain of entertainment. Click here to start watching.
Cast:
- Shea Couleé (All Stars season 5 winner)
- Jinx Monsoon (season 5 winner)
- Jada Essence Hall (season 12 winner)
- Monét X Change (All Stars season 4 winner)
- Raja (season 3 winner)
- Trinity the Tuck (All Stars season 4 winner)
- The Vivienne (Drag Race UK season 1 winner)
- Yvie Oddly (season 11 winner) | https://www.mlive.com/life/2022/07/how-to-watch-rupauls-drag-race-all-stars-season-7-lalaparuza-smackdown.html | 2022-07-29T13:19:06Z | https://www.mlive.com/life/2022/07/how-to-watch-rupauls-drag-race-all-stars-season-7-lalaparuza-smackdown.html | false |
What does a card shuffler do?
While many people love to play cards, not everyone is adept at pulling off a thorough manual shuffle. A card shuffler is designed to help people who might struggle with this feat. It’s an affordable, portable device that enhances gameplay.
However, there are a few things you’ll need to know before purchasing the best card shuffler for you. For instance, it’s important to know how many decks a card shuffler can handle. Our top choice, Brybelly 6-Deck Automatic Card Shuffler, can handle up to six decks in a matter of seconds. To learn more about card shufflers, keep reading.
What to know before you buy a card shuffler
Who is a card shuffler for?
An automatic card shuffler intersperses two separate piles of cards to create one objectively shuffled deck. It’s ideal for anyone who doesn’t possess the ability to easily manipulate one or several decks of cards.
What are the benefits of using a card shuffler?
While not all card shufflers operate more quickly than manual shuffling, in general, a card shuffler speeds up gameplay. Additionally, using a card shuffler guarantees the decks will be shuffled both fairly and thoroughly so no player has an advantage. Lastly, whether you’re an adult or a child, it’s just fun to watch a card shuffler do its thing.
What to look for in a quality card shuffler
Automatic vs. continuous shuffling machine
There are two types of card shuffling machines: automatic and continuous. Each shuffles cards using a slightly different method.
Automatic shuffling machine: An automatic shuffler takes two piles of cards and intermixes them into a single pile. This operation is performed prior to gameplay.
Continuous shuffling machine: With a continuous card shuffler, as the discard pile begins to grow, those cards are reshuffled into the remaining draw cards. While this speeds up gameplay, it also greatly diminishes the effectiveness of any card counting strategies.
Manual vs. electric shuffler
One of the inherent problems with card shufflers is that most require batteries. Not only is this less kind to the earth, it’s also a hidden expense. On the plus side, it’s much more convenient (just press a button to shuffle), and the batteries tend to have a long life because the machine is only operating for a few seconds at a time. However, if you’d like to use a manual machine, these operate with a crank, are quieter than their electronic counterparts and will never run out of power.
Types of cards a card shuffler can handle
Most card shufflers are designed to accommodate standard-sized playing cards (2.5 x 3.5 inches). Some may also be suitable for slimmer, Bridge-size playing cards (2.25 x 3.5 inches). If you play with other types of cards, such as “Uno” cards or “Magic: The Gathering” cards, make sure the machine you’re considering will handle different-sized cards, thicker cards or cards in sleeves without jamming the machine.
Number of decks a card shuffler can handle
While this may seem like a non-issue on the surface, it may actually be a make-or-break feature. If you’re playing Blackjack with six decks and your card shuffler can only shuffle two decks at a time, you’re not going to be happy. Conversely, some models may feature a recommended lower limit for optimal performance. If you purchase a model that works best with four to six decks and you’re only shuffling a single deck, you may not be satisfied with the unit’s performance.
How much you can expect to spend on a card shuffler
The best price range to look for a home-use card shuffler is $15-$30. If you desire a professional-quality card shuffler, however, you’ll likely spend over $100.
Card shuffler FAQ
Do card shufflers come with batteries?
A. Card shufflers do not typically include batteries. Even if you find a model that comes with batteries, they’re likely not the highest quality, so it won’t add much value to your purchase.
Do card shufflers come with cards?
A. There are a few companies that include one or more decks of cards with your purchase. If you’re just starting out and you need both cards and a shuffler, this is an excellent option.
What is a cut card?
A. A cut card is a solid-color plastic card that’s inserted into a deck after shuffling. To reduce the likelihood of cheating, when gameplay reaches this card, the dealer must reshuffle after the current hand has been completed.
What’s the best card shuffler to buy?
Top card shuffler
Brybelly 6-Deck Automatic Card Shuffler
What you need to know: This six-deck shuffler is ideal for any card-based game, whether it’s Blackjack or “Magic: The Gathering.”
What you’ll love: You’re able to shuffle up to six standard-size card decks in seconds. The model is powered by four C batteries, and it’s easy to operate.
What you should consider: Rarely, a card might resist being pulled into the chute, but it’s often an easy fix.
Where to buy: Sold by Amazon
Top card shuffler for the money
CHH 2-Deck Hand-Cranked Card Shuffler
What you need to know: A shuffler for the individual who needs help shuffling but doesn’t want to use a battery-powered machine.
What you’ll love: This model is quieter than a powered shuffler. It makes shuffling fun and easy and it can be used by the whole family.
What you should consider: When cranking, take your time or the handle may come loose.
Where to buy: Sold by Amazon
Worth checking out
Trademark Poker 6-Deck Card Shuffler
What you need to know: This budget-friendly card shuffler is designed for the person who has difficulty manually shuffling cards.
What you’ll love: The two-sided loader accepts up to six decks of standard poker-size cards or narrow Bridge-style cards. The machine is designed to reduce wear on cards and is manufactured to be portable.
What you should consider: Like other battery-powered card shufflers, this model can be loud.
Where to buy: Sold by Amazon and Best Buy
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Allen Foster 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.pahomepage.com/reviews/br/toys-games-br/hobby-collectibles-br/the-best-card-shuffler/ | 2022-07-29T13:20:24Z | https://www.pahomepage.com/reviews/br/toys-games-br/hobby-collectibles-br/the-best-card-shuffler/ | true |
City lanes become new dumpsites, as Nairobi chokes in filth
Lanes once used as short cuts by city residents to connect them from one street to the next, have now become dumpsites thanks to uncollected garbage.
Daisy Lane in the Central Business District (CBD) that connects Luthuli Avenue to Gaberone Road, is the latest to be affected adding up to the list of other lanes that have been turned into dumpsites.
“Nairobi is so filthy. Endless garbage heaps in residential areas and uncollected filth within the CBD. Will the workers be paid at the end of this month?” @Kenyantraffic tweeted.
Garbage everywhere
“Yesterday I visited Nairobi after very many months, its filthy, garbage everywhere, homeless people and street kids sleeping around the CBD. This is not the Nairobi I knew,what happened?” @MrNaibelTV asked.
“Nairobi County is very filthy & dirty. Did all NMS employees in charge of cleaning this city abandon their garbage collection duties to go campaigning because they do not seem to be working at all,” @report_taka said.
“Nairobi town is very dirty starting from Muthurwa market, there are heaps of uncollected garbage, hawkers, street urchins. It’s really a menace,” @Julie wrote.
“I took a stroll in Nairobi CBD today and found it choking with dirt and uncollected garbage. Coloured cabros that were done to announce to Nairobians that there is a new sheriff still exist. What’s going on?” @bonifacemwangi asked.
“When they started, our NMS was shining and I personally congratulated them for a job well done. A walk around Nairobi CBD now reveals that they have slowed down and the city is sliding back to old ways, garbage, hawkers, street urchins all over,” @ooloji said.
Efforts to reach Nairobi County government communication officer Tony Mbarige were futile as this writer's phone calls and texts went answered.
In the past few months, a number of things have been going wrong in the city.
For instance, traffic lights have not been functioning. From around 3pm at the Kenyatta avenue intersection near Sarova Hotel, it is usually a game of chance as pedestrians tackle motorists coming from all directions from the intersection.
This is due to traffic lights not functioning at all.
The Kenya County Government Workers Union had issued a seven-day strike notice in June of their intention to proceed on strike starting July 4.
Among the issues cited by the union are persistent delays by City Hall to pay their salaries, failure to complete promotion of all eligible staff, unwillingness to finalise CBA negotiations, perennial electricity disconnections, and intermittent NHIF medical cover due to failure to pay premiums and remit monthly deductions. | https://nation.africa/kenya/news/-city-lanes-become-new-dumpsites-as-nairobi-chokes-in-filth-3896100 | 2022-07-29T13:21:06Z | https://nation.africa/kenya/news/-city-lanes-become-new-dumpsites-as-nairobi-chokes-in-filth-3896100 | true |
MOSCOW (AP) — The Kremlin on Friday offered strong support to China amid the tensions over Taiwan, warning the United States against any “provocative” moves that could exacerbate the situation.
Chinese President Xi Jinping warned against meddling in China’s dealings with Taiwan during a phone call Thursday with U.S. President Joe Biden,
Speaking in a call with reporters, Kremlin spokesman Dmitry Peskov said that Russia staunchly supports China’s sovereignty and territorial integrity.
“We believe that no other country has the right to call (that) into doubt or take any provocative steps,” Peskov said.
He warned the U.S. against “destructive” moves, adding that “such behavior on the international arena could only exacerbate tensions as the world is already overloaded with regional and global problems.”
The tough statement reflects close ties between Moscow and Beijing, which have grown stronger since Russia sent its troops into Ukraine on Feb. 24. China has refused to criticize Russia’s action, blaming the U.S. and NATO for provoking Moscow, and has blasted punishing sanctions imposed on Moscow.
The Chinese government gave no indication Xi and Biden discussed possible plans by U.S. House Speaker Nancy Pelosi to visit Taiwan, which the ruling Communist Party says has no right to conduct foreign relations. But Xi rejected “interference by external forces” that might encourage Taiwan to try to make its decades-old de facto independence permanent.
“Resolutely safeguarding China’s national sovereignty and territorial integrity is the firm will of the more than 1.4 billion Chinese people,” foreign ministry spokesperson Zhao Lijian said Friday. “Those who play with fire will perish by it.”
The tough language from Xi, who usually tries to appear to be above political disputes and makes blandly positive public comments, suggested Chinese leaders might believe Washington didn’t understand the seriousness of previous warnings about Taiwan.
Taiwan and China split in 1949 following a civil war that ended with a communist victory on the mainland. They have no official relations but are linked by billions of dollars of trade and investment. Both sides say they are one country but disagree over which government is entitled to national leadership. | https://www.seattletimes.com/nation-world/nation/kremlin-warns-us-against-provocative-moves-toward-china/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_nation-world | 2022-07-29T13:21:40Z | https://www.seattletimes.com/nation-world/nation/kremlin-warns-us-against-provocative-moves-toward-china/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_nation-world | false |
BEIJING, July 29 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS" or the "Company"), a leading electric vehicle ("EV") charging service provider in China, and Li Auto Inc. ("Li Auto"), a leader in China's new energy vehicle market, recently reached an agreement whereby both parties will utilize their respective capabilities to launch a new smart charging navigation system, enabling EV owners to more easily find chargers and recharge their EVs. The service is scheduled to become available in the third quarter of this year.
"Being digital and intelligent makes it possible to quickly improve the charging experience for EV drivers," says Liang Xing, Vice President of Operations, NaaS. "NaaS empowers its partners with strong digital capabilities and a comprehensive network, in order to build the charging service ecosystem of the future, and allowing the entire industry value chain to run more efficiently, while creating a more convenient and better EV charging experience for drivers."
Under the agreement, NaaS will connect its nationwide digital charging network to Li Auto's charging navigation system, enabling L9 drivers to use in-vehicle maps or the Li Auto APP to locate partner charging stations. Energy delivery is now one of the most pressing issues for EV drivers, and the cooperation provides an excellent complement to Li Auto's energy supply services.
As China's EV market continues on its accelerated growth path, Li Auto has evolved into one of the leading domestic carmakers with a focus on technical innovation. On June 1, the company announced that it had delivered 11,496 Li ONE units in May, a year on year increase of 165.9%. On June 21, the carmaker released its new smart flagship SUV for families, the Li L9, joining the 5-display 3D era with touch screens capable of interacting with smart phones, computers, televisions, tablets and in-vehicle infotainment (IVI) systems.
Chargers are an integral part of the support structure for the EV sector, and the charging experience is a major consideration for drivers contemplating purchasing an EV. As of the end of 2021, NaaS had connected 290,000 charging piles in 288 cities across the country, further enhancing the charging network for OEMs and optimizing the charging experience.
As one of the largest and fastest-growing renewable energy service providers in China, NaaS provides a wide range of one-stop solutions to charger manufacturers, operators, EV OEMs, and other industry players to make energy delivery more efficient, via the deployment of digital technologies across the entirety of the industry chain.
In 2021, NaaS had delivered 55 million charges, with a total of 1,233 Gigawatt hours charged through NaaS' network, accounting for 18% of the Chinese public charging market for the year. On June 13, NaaS was listed on the Nasdaq, becoming China's first publicly-listed charging services provider.
About NaaS Technology Inc.
NaaS Technology Inc. ("NaaS" or the "Company") is one of the largest and fastest growing electric vehicle ("EV") charging service providers in China. The firm is a subsidiary of NewLink, a leading energy digitalization group in China. NaaS offers a comprehensive one-stop shop to charger manufacturers and operators, OEMs, in-house delivery fleets as well as fleet operators, with online, offline, and non-electric services covering the entire EV industry value chain. As of the end of 2021, NaaS had connected over 290,000 charging piles. In 2021, a total of 1,233 Gigawatt hours were charged through NaaS' network, accounting for approximately 18% of China's public charging market and reducing carbon emissions by 900,000 tons On June 13, 2022, NaaS Technology Inc. was officially listed on the NASDAQ under the ticker NAAS.
For more information, please visit NaaS Technology Inc.
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SOURCE NaaS | https://www.kxii.com/prnewswire/2022/07/29/naas-technology-inc-teams-with-li-auto-provide-new-smart-charging-services/ | 2022-07-29T13:23:33Z | https://www.kxii.com/prnewswire/2022/07/29/naas-technology-inc-teams-with-li-auto-provide-new-smart-charging-services/ | false |
Failure of veterans health care bill in Senate angers supporters
(CNN) - In a surprise move, a bill that would have expanded health care and disability benefits for millions of veterans was blocked.
The “Honoring Our Promise to Address Comprehensive Toxics Act of 2022,” also known as the “PACT Act,” was expected to pass the Senate Wednesday night, but in an 11th hour change, a procedural vote on the bill failed.
The bill needed 60 votes to advance, but the vote was 55-42 on Wednesday night.
It’s now an uphill battle to expand health care and disability benefits for veterans exposed to toxic burn pits at and near U.S. military bases overseas.
“There are going to be veterans who die between now and when this bill is passed,” said Sen. Jon Tester, D- Montana.
Activist Jon Stewart called opponents of the bill “cowards.”
“This is an embarrassment to the Senate, to the country, to the founders and all that the process to hold dear,” he said.
Open air pits were used to burn everything from trash to human waste to chemicals at military sites.
It’s estimated 3.5 million service members were exposed in Iraq and Afghanistan.
Veteran Rafael Barbosa is among those battling an invisible wound of war.
He said he believes his stage four colon cancer was caused by burn pit exposures.
“There were some soldiers that were just sitting there in that space with this fume, toxic fume cloud over them for over a year. And now that I know, when I think about that in retrospect it’s honestly horrifying,” Barbosa said.
Advocates say that if eventually passed, the long-awaited legislation would make it easier for veterans to seek medical coverage.
“It takes away the burden on the soldier so that they can focus on fighting for their life or so that their family can focus on grieving and healing,” said Amanda Barbosa, wife of Rafael Barbosa.
It would also expand screening.
“And that could have been the difference between stage two colon cancer, which is survivability in the 90s. And what I ended up with, which is stage four, which survivability in the low teens, big difference,” Rafael Barbosa said.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.newschannel6now.com/2022/07/29/failure-veterans-health-care-bill-senate-angers-supporters/ | 2022-07-29T13:23:58Z | https://www.newschannel6now.com/2022/07/29/failure-veterans-health-care-bill-senate-angers-supporters/ | false |
BOGOTA, Colombia, July 29, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the discovery of a natural gas accumulation in the Uchuva-1 exploratory well in the Tayrona Block, drilled in Colombian deep waters, in which Petrobras acts as operator with a 44.4% stake and Ecopetrol with a 55.6% stake.
This gas discovery is aligned with Ecopetrol's 2040 energy transition strategy and increases the prospects for developing a new exploration and production frontier in the northern Colombian Caribbean.
The contractor will continue the activities in the Tayrona Block with the objective of validating the dimensions of the new gas accumulation.
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For more information, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Mauricio Téllez
Email: mauricio.tellez@ecopetrol.com.co
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SOURCE Ecopetrol S.A. | https://www.weau.com/prnewswire/2022/07/29/ecopetrol-announces-deepwater-gas-discovery-colombia/ | 2022-07-29T13:27:45Z | https://www.weau.com/prnewswire/2022/07/29/ecopetrol-announces-deepwater-gas-discovery-colombia/ | true |
LONDON — Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia’s war in Ukraine, but the economy managed better-than-expected, if meager, growth in the second quarter.
Annual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to numbers published Friday by the European Union statistics agency.
For months, inflation has been running at its highest levels since 1997, when record-keeping for the euro began, leading the European Central Bank to raise interest rates last week for the first time in 11 years to tamp down prices.
The euro-area economy managed to expand by 0.7% from April through July over the previous quarter, contrasting with the contraction in the United States, where fears are growing of a recession. The outlook is just as gloomy for Europe.
Analysts say the economic growth tied to a rebound in tourism could be the last glimmer of upbeat news, with inflation, rising interest rates and a worsening energy crisis fueled by the war expected to push the euro area into recession later this year.
“This is as likely to be as good as it will get for the eurozone for the foreseeable future,” Andrew Kenningham, chief Europe economist for Capital Economics, wrote in an analyst note.
Growth already has stagnated in Germany, Europe’s traditional economic engine, after being hit with a series of cuts in Russian natural gas used for industry. France avoided fears of a recession by posting modest 0.5% growth in the second quarter, while Italy and Spain exceeded expectations with 1% and 1.1% expansions, respectively.
Energy prices, meanwhile, surged in the eurozone by 39.7% this month, only slightly lower than June due to gas supply concerns. Prices for food, alcohol and tobacco rose by 9.8%, faster than the increase posted last month because of higher transport costs, shortages and uncertainty around Ukrainian supply.
“Another ugly inflation reading for July,” said Bert Colijn, senior eurozone economist for ING bank, adding that there was “no imminent sign of relief.”
The U.S. is also facing high inflation, clocking in at 40-year highs, but unlike Europe, has already seen its economy shrink for two straight quarters. At the same time, the job market is stronger than before the COVID-19 pandemic, and most economists, including Federal Reserve Chair Jerome Powell, have said they don’t think the economy is in recession.
Many, however, increasingly expect an economic downturn in the U.S. to begin later this year or next, much like in Europe.
Europe’s risk is largely tied to its reliance on Russian energy, with Moscow throttling down flows of natural gas that power factories, generate electricity and heat homes in the winter.
More reductions this week through a major pipeline to Germany, Nord Stream 1, have heightened fears that the Kremlin may cut off supplies completely. That would force rationing for energy-intensive industries and spike already record-high levels of inflation driven by soaring energy prices, threatening to plunge the 27-nation bloc into recession.
While European Union governments approved a measure this week to reduce gas use by 15% and have passed tax cuts and subsidies to ease a cost-of-living crisis, Europe is at the mercy of Russia and the weather.
A cold winter, when natural gas demand soars, could draw down storage levels that governments are now scrambling to fill but has been made infinitely harder by Russia’s cuts.
“With the region’s gas supply now reduced and inflation set to remain high for some time, the eurozone is likely to fall into recession,” Michael Tran, an assistant economist with Capital Economics, said in an analysis this week.
While the European Central Bank has begun raising rates to cool inflation and expects another bump in September, it had trailed other central banks like the Fed and the Bank of England in making credit more expensive, fearing the outsize impact of soaring energy prices tied to the war.
The impact of the ECB’s recent rate hike on inflation was “very limited, although it does add to a further cooling of demand in the eurozone,” ING’s Colijn wrote.
“With a recession looming and inflation reaching new highs, the question is how the ECB will respond to an economy which is already cooling down,” he said.
___
Barry contributed from Milan. | https://www.abqjournal.com/2520239/inflation-hits-record-8-9-in-euro-area-but-economy-grows.html | 2022-07-29T13:29:28Z | https://www.abqjournal.com/2520239/inflation-hits-record-8-9-in-euro-area-but-economy-grows.html | true |
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today
NEW YORK, July 29, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today reported its financial results for the quarter ended June 30, 2022.
A complete and full-text financial results press release, including information about today's financial results conference call and Newmark's dividend declaration, is accessible using either the "About" or "Media" tabs at https://nmrk.com. It is also available directly at any of the following web pages:
https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)
https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)
https://nmrk.com/media (PDF version of the full release only)
Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser's address bar.
Today's conference call is expected to contain forward-looking statements with respect to the Company's financial outlook.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of over $3.2 billion for the twelve months ending June 30, 2022. Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with over 6,500 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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PITTSBURGH, July 29, 2022 /PRNewswire/ -- Novasenta Inc., a startup biotechnology company focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises, the innovation, venture capital and commercialization arm of leading health system UPMC. The funding will allow Novasenta to advance its pipeline of antibody-based therapeutics and expand its proprietary computational platforms for target discovery, while continuing to recruit top talent.
Novasenta comprehensively maps the tumor microenvironment — the network of cells and structures that surround and interact with tumor cells inside the body — to develop immunotherapies that enable the body's own immune system to fight cancer. Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and the University of Pittsburgh, Novasenta is building on decades of research in the fields of tumor biology, immunology, computational biology and drug discovery.
Through its relationship with UPMC, the company has access to high-quality human tumor samples representing more than a dozen solid tumor types across various stages of disease and treatment for single-cell level analysis of gene expression profiles. This differentiated approach enables Novasenta's discovery of novel druggable targets and development of therapeutics.
"With our significant Series A funding, Novasenta expects to move at least one of our three nominated programs into the clinic by 2024, with the potential to transform care for patients with solid tumors," said Mani Mohindru, Ph.D., Novasenta's chief executive officer and a veteran biotechnology leader.
"Our partnership with UPMC and UPMC Enterprises, especially in these challenging times, is just one of many advantages driving the growth of Novasenta," said Mohindru. "Our unique target discovery and validation platform, access to patient tumor samples and the expertise of our founders are critical advantages as we strive to bring life-saving therapies to market." She noted that the company has expanded its senior management team in the past 12 months, attracting leaders with proven industry expertise and drug development success.
"Immunotherapies like checkpoint inhibitors and CAR T-cell therapies have revolutionized cancer care and improved patient outcomes," said co-founder Ferris, who is also director of the UPMC Hillman Cancer Center and Hillman Professor of Oncology at the University of Pittsburgh. "Unfortunately, these leading-edge treatments work for only a small subset of patients, leaving a vast, unmet need for effective therapies. With our team's unusual ability to understand the complex interactions between specific tumor types and the immune system, Novasenta aims to fill that need, bringing hope to patients who currently have no good treatment options or for whom existing immunotherapies have stopped working."
Jeanne Cunicelli, president of UPMC Enterprises, added: "We're excited to continue our significant support for Novasenta, whose programs promise to produce the next generation of novel immuno-oncology drug candidates that can potentially transform the lives of patients with cancer."
Part of $24 billion health care provider and insurer UPMC, based in Pittsburgh, UPMC Enterprises is focused on two key areas: translational sciences and digital solutions. It provides its portfolio companies and partners with capital, connections and resources to develop solutions to health care's most complex problems.
Working in close collaboration with innovators from UPMC and the University of Pittsburgh Schools of the Health Sciences, as well as others worldwide, UPMC Enterprises strives to accelerate science from the bench to the bedside and has committed to investing $1 billion in novel drugs, diagnostics and devices by 2024.
Founded in 2018, Novasenta is focused on the discovery of novel therapeutic targets to develop innovative and effective treatments with the goal of transforming the lives of patients with cancer. The company has developed a proprietary platform for single-cell RNA based analysis of high-quality, human tumor samples and combined it with its advanced data mining and target validating abilities to accelerate the path from discovery to drug development. The company's pipeline includes three programs representing the next generation of immuno-oncology targets and drug candidates.
Contact: Wendy Zellner
Mobile: 412-973-7266
E-mail: ZellnerWL@upmc.edu
Contact: Sarah Katz
Mobile: 412-312-1042
E-mail: KatzSB@upmc.edu
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DONGGUAN, China, July 29, 2022 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced that Argus Research, an investment research firm retained by Dogness, updated its Equity Research Report coverage on Dogness.
Click here to view Full Argus Report
Highlights, as conveyed by Argus Analyst Steve Silver, include:
- In our view, Dogness' successful execution of its business plan led the company back to profitability in fiscal 2021, which ended on June 30, 2021. Dogness has benefitted from a surge in demand related to increased pet ownership during the COVID-19 pandemic and increased momentum for its core product line, led by higher-margin smart pet products.
- In our view, Dogness is in the early stage of a growth cycle that led the company back to profitability in fiscal 2021 (ended June 30, 2021), and continued through the first half of fiscal 2022 (December 31, 2021). We think Dogness is well positioned to benefit from a surge in demand for its products, led by a line of higher-margin smart products, amid increased pet ownership during the COVID-19 pandemic.
- Dogness achieved 27% revenue growth in fiscal 2021, and 48% growth in the first half of fiscal 2022, despite macro-economic and COVID-related headwinds. We project sustained sales growth, driven by strong demand for the smart product portfolio, where sales and volumes increased by 193% and 155%, respectively, in the first half of fiscal 2022 and over the same period in fiscal 2021. The smart line comprised 54.5% of revenues during the first six months of fiscal 2022, compared with 32.1% for fiscal 2021, driving gross-margin expansion to 39%, compared with 37.6% in fiscal 2021 (a level not seen since 2018).
- Over the past two years, Dogness significantly expanded product availability across multiple sales channels (online, specialty stores, big box warehouse clubs, and general retail outlets) in markets including China, the U.S., Canada, Japan, and others, We expect this momentum to continue, as Dogness has established new and expanding partnerships with leading retailers including Target, Petco, IKEA, and Walmart, and online platforms, including Amazon and Chewy.com, which we see easing customer concentration risk.
- Thus, we expect Dogness to continue its evolution into a higher-margin technology-focused pet products company with a diversified global footprint, and to capitalize on favorable long-term global trends in the pet care industry as pet owners return to offices and require mobile pet monitoring and care.
- As of December 31, 2021, Dogness had $7.1 million in cash and short-term investments on its balance sheet. Subsequently, the company raised more than $17 million in aggregate gross proceeds from equity offerings completed in February and June 2022. Based on our view of a favorable outlook for sustained positive operational cash flow, we believe the company is capitalized sufficiently to execute on its business plan.
INVESTMENT THESIS (Click here to view full Argus Equity Research Report & Investment Thesis)
Argus Research Co. has received a flat fee from Dogness as part of a Sponsored Research agreement between Argus and the company. No part of Argus Research's compensation is directly or indirectly related to the content of its assessment or to other opinions expressed in its research report. Please refer to the full Argus report and the disclaimer for complete disclosures.
About Dogness
Dogness (International) Corporation was founded in 2003 from the belief that dogs and cats are important, well-loved family members. Through its smart products, hygiene products, health and wellness products, and leash products, Dogness' technology simplifies pet lifestyles and enhances the relationship between pets and pet caregivers. The Company ensures industry-leading quality through its fully integrated vertical supply chain and world-class research and development capabilities, which has resulted in over 200 patents and patents pending. Dogness products reach families worldwide through global chain stores and distributors. For more information, please visit: ir.dogness.com .
Forward Looking Statements
No statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the "safe harbor" under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding lingering effects of the Covid-19 pandemic on our customers' businesses and end purchasers' disposable income, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired assets in China and the U.S., our ability to attract and retain highly skilled professionals, client concentration, industry segment concentration, reduced demand for technology in our key focus areas, our ability to successfully complete and integrate potential acquisitions, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Dogness may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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PITTSBURGH, July 29, 2022 /PRNewswire/ -- Novasenta Inc., a startup biotechnology company focused on the discovery and validation of novel targets to develop cancer therapies, today announced the completion of $40 million in Series A financing led by UPMC Enterprises, the innovation, venture capital and commercialization arm of leading health system UPMC. The funding will allow Novasenta to advance its pipeline of antibody-based therapeutics and expand its proprietary computational platforms for target discovery, while continuing to recruit top talent.
Novasenta comprehensively maps the tumor microenvironment — the network of cells and structures that surround and interact with tumor cells inside the body — to develop immunotherapies that enable the body's own immune system to fight cancer. Co-founded in late 2018 by Robert Ferris, M.D., Ph.D., Dario Vignali, Ph.D., and Greg Delgoffe, Ph.D., all of the UPMC Hillman Cancer Center and the University of Pittsburgh, Novasenta is building on decades of research in the fields of tumor biology, immunology, computational biology and drug discovery.
Through its relationship with UPMC, the company has access to high-quality human tumor samples representing more than a dozen solid tumor types across various stages of disease and treatment for single-cell level analysis of gene expression profiles. This differentiated approach enables Novasenta's discovery of novel druggable targets and development of therapeutics.
"With our significant Series A funding, Novasenta expects to move at least one of our three nominated programs into the clinic by 2024, with the potential to transform care for patients with solid tumors," said Mani Mohindru, Ph.D., Novasenta's chief executive officer and a veteran biotechnology leader.
"Our partnership with UPMC and UPMC Enterprises, especially in these challenging times, is just one of many advantages driving the growth of Novasenta," said Mohindru. "Our unique target discovery and validation platform, access to patient tumor samples and the expertise of our founders are critical advantages as we strive to bring life-saving therapies to market." She noted that the company has expanded its senior management team in the past 12 months, attracting leaders with proven industry expertise and drug development success.
"Immunotherapies like checkpoint inhibitors and CAR T-cell therapies have revolutionized cancer care and improved patient outcomes," said co-founder Ferris, who is also director of the UPMC Hillman Cancer Center and Hillman Professor of Oncology at the University of Pittsburgh. "Unfortunately, these leading-edge treatments work for only a small subset of patients, leaving a vast, unmet need for effective therapies. With our team's unusual ability to understand the complex interactions between specific tumor types and the immune system, Novasenta aims to fill that need, bringing hope to patients who currently have no good treatment options or for whom existing immunotherapies have stopped working."
Jeanne Cunicelli, president of UPMC Enterprises, added: "We're excited to continue our significant support for Novasenta, whose programs promise to produce the next generation of novel immuno-oncology drug candidates that can potentially transform the lives of patients with cancer."
Part of $24 billion health care provider and insurer UPMC, based in Pittsburgh, UPMC Enterprises is focused on two key areas: translational sciences and digital solutions. It provides its portfolio companies and partners with capital, connections and resources to develop solutions to health care's most complex problems.
Working in close collaboration with innovators from UPMC and the University of Pittsburgh Schools of the Health Sciences, as well as others worldwide, UPMC Enterprises strives to accelerate science from the bench to the bedside and has committed to investing $1 billion in novel drugs, diagnostics and devices by 2024.
Founded in 2018, Novasenta is focused on the discovery of novel therapeutic targets to develop innovative and effective treatments with the goal of transforming the lives of patients with cancer. The company has developed a proprietary platform for single-cell RNA based analysis of high-quality, human tumor samples and combined it with its advanced data mining and target validating abilities to accelerate the path from discovery to drug development. The company's pipeline includes three programs representing the next generation of immuno-oncology targets and drug candidates.
Contact: Wendy Zellner
Mobile: 412-973-7266
E-mail: ZellnerWL@upmc.edu
Contact: Sarah Katz
Mobile: 412-312-1042
E-mail: KatzSB@upmc.edu
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(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
Dennis Jett, Penn State
(THE CONVERSATION) The United Nations has about 74,000 peacekeepers in uniform stationed in a dozen conflict zones around the world. It’s easy to spot them in their signature light blue helmets. It’s harder to find a woman among them.
There are military experts, police and infantry units who come from 121 countries to help maintain peace.
Just 8% of peacekeepers are women.
This is a significant increase from 15 years ago – when the number of peacekeepers was about the same as today but women made up only about 2% of the ranks. For 20 years, the U.N. has been trying to improve this statistic.
But the U.N.‘s long-term goal of having as many female peacekeepers as men may well be unachievable.
As a U.S. diplomat and an international affairs scholar, I have been involved in peacekeeping in Africa, Latin America and the Middle East. While dramatically increasing the number of female peacekeepers has clear benefits, including improved community relationships, the evolution of peacekeeping makes gender parity impossible.
What the UN calls for
The U.N. does not have its own military. So when the U.N. launches a peacekeeping mission, it must ask its 193 member countries to provide the personnel necessary to staff it.
The U.N. pays countries a bit over US$1,400 a month for each soldier loaned to the organization. This can help poorer countries maintain their armies and pay their soldiers. Bangladesh, Nepal, India and Rwanda give the most soldiers to serve as peacekeepers, with over 5,000 people each. The U.S. currently provides only 30 staff officers.
In 2000, the U.N. Security Council recognized the gender imbalance in peacekeeping when it approved Resolution 1352, which urged that women be given more opportunities to serve. In 2018, the U.N. began specifically instructing its peacekeeping missions to work toward including as many women as men.
Research shows that including women in resolving conflicts is a good idea, especially since they are frequently the victims of war more often than men. When women participate in peace negotiations, the resulting peace is more lasting.
Having more female peacekeepers can also help improve relationships with civilians. Open communication and trust between local communities and peacekeepers can lead to better cultural understanding and valuable intelligence – including information about sexual violence that women are more likely to report to a female peacekeeper.
This is particularly important since in the past few years there have been multiple cases of peacekeepers being accused of mistreating and abusing civilians – including children.
Not so easy to achieve
Despite the advantages, there are three major obstacles to getting more women involved in peacekeeping.
First, women make up a small percentage of the armed forces in almost every country, ranging from less than 1% in India and Turkey to 20% in Hungary.
Second, very few countries train women for ground combat, which may be part of a U.N. peacekeeping mission.
Third, the countries that do train women for combat are almost always democratic and wealthier. They are also least likely to contribute troops to the more dangerous U.N. peacekeeping missions.
These practical challenges have become even more daunting because of the way peacekeeping has changed.
Peacekeeping’s evolution
The U.N. was only three years old when it initiated its first peacekeeping mission in 1948 to respond to the war between the Israel and its Arab neighbors. In that operation, and in subsequent ones dealing with conflicts between countries over territory, once the fighting stopped peacekeepers could be placed between the opposing armies to help ensure the cease-fire continued.
In the 1990s, peacekeeping also addressed civil wars in such places as Angola and Mozambique. Those operations had to demobilize former combatants, reintegrate them into civilian life and form a new national army.
Often the most important task was helping conduct an election. While I was the U.S. ambassador in Mozambique in 1994, all this was successfully accomplished and the peacekeepers went home. But this kind of peacekeeping is also mostly a relic of the past.
A new broader mandate
In the U.N.’s five most recent peacekeeping missions, launched between 2010 and 2014 and all in Africa, the peacekeepers are mandated to protect civilians and help the government expand its control to lessen the threat of armed rebel groups. Doing that requires large infantry units, which is why the mission in Mali, for example, includes 12,000 troops.
These are not just the largest missions, but also the most deadly – an average of 16 peacekeepers are killed each year in these missions, while an average of two peacekeepers die each year in the oldest peacekeeping operations.
The U.N. initially insisted that all warring parties agree to the presence of the peacekeepers and that the peacekeepers remain impartial and use force only to defend themselves.
In the five newest missions, the mandate required the use of force to be expanded. This meant peacekeepers no longer had the consent of all the combatants and discarded impartiality to help the government in power. As a result, some of those opposing the government began targeting peacekeepers.
The connection to female peacekeepers
These latest peacekeeping missions require thousands of troops prepared for combat in order to be able to use force. For that reason, 86% of all of the peacekeepers are military troops, but only 6% of the troops are women.
The low percentage of female troops stands in sharp contrast to the other types of peacekeepers who don’t risk being involved in combat – 27% of the military experts, 19% of the staff officers and 19% of the police are women.
While the wealthy countries pay 86% of the financial cost of U.N. peacekeeping, which amounts to $6.4 billion year, they contribute less than 8% of all the troops.
In the U.N.’s six oldest missions, like the ones in Israel, only 7% of the troops are women, and 37% of these women come from the rich countries. In the five more lethal missions, however, 5% of the troops are female and only 3% of them are from wealthier members.
So, while the rich countries pay in treasure, the poor countries pay in blood.
Getting more female peacekeepers would require countries to assign more women to the most dangerous peacekeeping missions. In other words, it would be necessary to give more women the chance to shed that blood.
This article is republished from The Conversation under a Creative Commons license. Read the original article here: https://theconversation.com/why-men-overwhelmingly-wear-the-uns-blue-helmets-a-former-us-ambassador-explains-why-decades-of-recruiting-women-peacekeepers-has-had-little-effect-186683. | https://www.seattlepi.com/news/article/Why-men-overwhelmingly-wear-the-UN-s-blue-helmets-17337876.php | 2022-07-29T13:34:52Z | https://www.seattlepi.com/news/article/Why-men-overwhelmingly-wear-the-UN-s-blue-helmets-17337876.php | true |
HONOLULU (AP) — Bobby Edward Fort was 27 when he enlisted in the Coast Guard in 1994 and retired 22 years later with a secret security clearance that allowed him to land a job in Honolulu as a defense contractor.
But in reality, Bobby Fort was long dead. He was just short of 3 months old when he choked and died in a Texas hospital in 1967.
The Bobby Fort who enlisted in the Coast Guard had stolen the dead baby’s identity 35 years ago. A false birth certificate helped him get five passports, drivers’ licenses and Department of Defense credentials.
The fraud was uncovered last week. On Thursday, the man authorities said had posed as Fort was before a judge, who asked him to state his name: “Walter Glenn Primrose,” the 66-year-old said.
Primrose was ordered held without bail by a U.S. District Court judge after a prosecutor provided new details about how he and his wife had been fraudulently living for decades under the stolen identities of two dead Texas infants.
While the hearing further deepened the mystery of why the couple shed their past, it provided little clarity about whether the case against them goes beyond stolen identity, though a prosecutor suggested it could have ties overseas.
“We think the defendant is obviously quite adept at impersonating other people, obtaining government ID documents, fraud, avoiding detection,” Assistant U.S. Attorney Wayne Myers said. “He may — we’re not saying for sure — but he may have some troubling foreign connections. And if he does, he might be able to use those to enlist help.”
A search of the couple’s Hawaii home turned up faded Polaroids of the two wearing jackets that appear to be authentic Russian KGB uniforms, Myers said. An expert determined the snapshots were taken in the 1980s.
The search also yielded an invisible ink kit, documents with coded language and maps showing military bases, Myers said.
When the couple were left in a room together, they were recorded saying “things consistent with espionage,” Myers said.
Federal defender Craig Jerome said the government only provided “speculation and innuendo” that the couple was involved in something more nefarious than “purely white-collar nonviolent offenses.”
“If it wasn’t for the speculation that the government’s injected into these proceedings without providing any real evidence … he would certainly be released,” Jerome said.
Prosecutors feared Primrose would flee if freed. They noted in court papers that he was an avionics electrical technician in the Coast Guard and was highly skilled to communicate secretly if released.
U.S. Magistrate Judge Rom Trader said he based his detention order on the alleged fraud “over multiple occasions spanning a long period of time.”
Morrison faces a bail hearing Tuesday.
Her lawyer said the couple — regardless of the names they used — had lived law-abiding lives. Attorney Megan Kau told The Associated Press the couple posed for photos in the purported KGB jacket for fun.
“She wants everyone to know she’s not a spy,” Kau said. “This has all been blown way out of proportion. It’s government overreaching.”
The couple’s story begins in Texas, where Primrose and Gwynn Darle Morrison went to high school and college together and married in 1980, according to court documents.
In the early 1980s, they told family they were going into the witness protection program before abruptly abandoning their house and leaving Texas, Myers said. They handed over the keys to their Nacogdoches home and told family members to take anything they wanted. The house was later foreclosed on.
When they reemerged they had new names and different explanations of what happened.
In 1987, Primrose took on the identity of Fort, an infant who died in 1967 in Burnet, Texas. Morrison took the identity of Julie Lyn Montague, who died in 1968 at the same hospital as Fort. Primrose and Morrison, both born in 1955, were more than a decade older than the birth dates listed on their new IDs.
“The defendant and his wife reportedly told yet other associates that they needed to change their names because of legal and financial reasons,” Myers said. “And that going forward they can be contacted using their new names, Fort and Montague.”
At some point, Primrose told someone he was a government agent and couldn’t share photos of himself.
The couple remarried under their assumed names in 1988, according to court records.
Primrose had a longstanding interest in espionage, Myers said. His wife had anti-government and anti-military sentiments and was said by an associate to live in Romania when it was part of the communist bloc.
Kau denied that Morrison ever lived in Romania.
The couple, who were arrested Friday at their Kapolei home, are charged with conspiracy to commit an offense against the U.S., false statement in passport application and aggravated identity theft. They face up to 17 years in prison if convicted of all charges.
Inside their house, investigators discovered correspondence in which an associate believed Primrose had joined the CIA or had become a terrorist, Myers said.
Morrison used her real name to open a post office box, where she told family to contact her. When her father died, her family couldn’t reach her and enlisted local law enforcement to track her down.
“Even the defendant’s family cannot find him when they need to,” Myers said. | https://www.kark.com/news/national-news/invisible-ink-coded-papers-add-mystery-to-hawaii-couples-id-theft-case/ | 2022-07-29T13:35:18Z | https://www.kark.com/news/national-news/invisible-ink-coded-papers-add-mystery-to-hawaii-couples-id-theft-case/ | false |
CHARLOTTESVILLE, Va., July 29, 2022 /PRNewswire/ -- Virginia National Bankshares Corporation (the "Company") (NASDAQ: VABK) announced today that on July 27, 2022, its Board of Directors declared a quarterly cash dividend of $0.30 per share to be paid on September 23, 2022 to shareholders of record as of September 9, 2022. The quarterly cash dividend represents an annual yield to shareholders of approximately 3.75% based on the closing price of the Company's common stock on July 28, 2022.
About Virginia National Bankshares Corporation
Virginia National Bankshares Corporation, headquartered in Charlottesville, Virginia, is the bank holding company for Virginia National Bank. The Bank has ten banking offices throughout Fauquier and Prince William counties, four banking offices in Charlottesville and Albemarle County, and banking offices in Winchester and Richmond, Virginia. The Bank offers a full range of banking and related financial services to meet the needs of individuals, businesses and charitable organizations, including the fiduciary services of VNB Trust and Estate Services. The Bank also offers, through its networking agreements with third parties, investment advisory and other investment services under Sturman Wealth Advisors. Investment management services are offered through Masonry Capital Management, LLC, a registered investment adviser and wholly-owned subsidiary of the Company.
The Company's common stock trades on the Nasdaq Capital Market under the symbol "VABK." Additional information on the Company is also available at www.vnbcorp.com.
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SOURCE Virginia National Bankshares | https://www.wbrc.com/prnewswire/2022/07/29/virginia-national-bankshares-corporation-announces-cash-dividend/ | 2022-07-29T13:36:48Z | https://www.wbrc.com/prnewswire/2022/07/29/virginia-national-bankshares-corporation-announces-cash-dividend/ | false |
PITTSBURGH, July 29, 2022 /PRNewswire/ -- The United Steelworkers (USW) today said that the union has reached a tentative agreement with Bridgestone on a new master contract covering roughly 4,000 workers at the company's facilities in Des Moines, Iowa; Akron, Ohio; Bloomington, Ill.; Russellville, Ark.; La Vergne and Warren County, Tenn.
USW Rubber and Plastic Industry Council Chairman Kevin Johnsen, who led the negotiations, credited local union leaders on the Bridgestone Policy Committee for voicing the concerns of the membership at the table.
"We came to the table prepared to negotiate in good faith for a fair contract, and management made us fight for it every step of the way," Johnsen said. "We are proud of what we have accomplished thanks to the unity, strength and solidarity of our members and activists across all of the Bridgestone locations."
"Our members have earned and deserve fair wages, benefits and working conditions," he said. "The proposed contract builds on decades of collective bargaining progress with hard-fought economic and contract language improvements."
Johnsen said that the committee will be presenting the proposed agreement to the membership for ratification.
The USW will not be discussing the details of the proposed new contract with the public until members have had the opportunity to review it with their elected union representatives in the coming days and weeks.
The USW represents 850,000 men and women employed in manufacturing, metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in tech, public sector and service occupations.
Contact: Tony Montana – (412) 562-2592 or tmontana@usw.org
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SOURCE United Steelworkers (USW) | https://www.wsaz.com/prnewswire/2022/07/29/usw-announces-tentative-agreement-with-bridgestone/ | 2022-07-29T13:36:52Z | https://www.wsaz.com/prnewswire/2022/07/29/usw-announces-tentative-agreement-with-bridgestone/ | false |
SALEM, N.H., July 29, 2022 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) announced today that David Dunbar, President & CEO, will be presenting at the Jefferies 2022 Industrials Conference at 2:00 PM Eastern Time on Tuesday, August 9, 2022.
Interested parties may access the Company's webcast and presentation on the Investor Relations section of Standex's website under the subheading, "Events and Presentations," located at www.standex.com. A replay of the webcast also will be available on the Company's web site shortly after the conclusion of the presentation.
About Standex
Standex International Corporation is a global multi-industry manufacturer in five broad business segments: Electronics, Engraving, Scientific, Engineering Technologies, and Specialty Solutions with operations in the United States, Europe, Canada, Japan, Singapore, Mexico, Brazil, Turkey, South Africa, India and China. For additional information, visit the Company's website at www.standex.com.
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SOURCE Standex International Corporation | https://www.wagmtv.com/prnewswire/2022/07/29/standex-present-jefferies-2022-industrials-conference/ | 2022-07-29T13:37:07Z | https://www.wagmtv.com/prnewswire/2022/07/29/standex-present-jefferies-2022-industrials-conference/ | false |
NEW YORK, July 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TBLT, XELA, BHC, FLNC, and EVFM.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- TBLT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TBLT&prnumber=072920221
- XELA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XELA&prnumber=072920221
- BHC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BHC&prnumber=072920221
- FLNC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FLNC&prnumber=072920221
- EVFM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EVFM&prnumber=072920221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.cleveland19.com/prnewswire/2022/07/29/thinking-about-buying-stock-toughbuilt-industries-exela-technologies-bausch-health-fluence-energy-or-evofem-biosciences/ | 2022-07-29T13:38:03Z | https://www.cleveland19.com/prnewswire/2022/07/29/thinking-about-buying-stock-toughbuilt-industries-exela-technologies-bausch-health-fluence-energy-or-evofem-biosciences/ | false |
Album Released Friday, Sept. 30 via UMe, Produced by Dave Cobb
Sammy Hagar & The Circle Currently on Critically Acclaimed "Crazy Times" Summer U.S. Amphitheater Tour
LOS ANGELES, July 29, 2022 /PRNewswire/ -- Rock & Roll Hall of Fame®-inducted, Grammy award-winning singer, songwriter, performer, entrepreneur, and New York Times #1 best-selling author Sammy Hagar has announced the release of his second studio album with his Billboard chart-topping supergroup, The Circle. Their forthcoming album, titled "Crazy Times," finds Hagar, fellow Hall of Famer and longtime bassist Michael Anthony, Grammy-winning drummer Jason Bonham and Grammy-winning guitar virtuoso Vic Johnson changing course, traveling to Nashville to record the album with 8-time Grammy Award-winning producer Dave Cobb at Nashville's historic RCA Studio A. Due out Friday, Sept. 30 via UMe on CD as well as digitally, with the vinyl following on Oct. 28, the band has released the title track today on digital and streaming platforms. The CD and vinyl configurations, including a translucent red color vinyl exclusive, are available for pre-order HERE. The album's first single, "Crazy Times," and music video directed by Travis Detweiler – is below and HERE.
Sammy shared about making the album,
"Working with Dave Cobb for the first time was enlightening. We went into the studio to record in the fall of 2021, when the world was starting to come out of the pandemic bubble we'd all been living in. The lyrics for 'Crazy Times' just came from that new freedom we were feeling, the freedom felt unbelievable, but a little uncertain, too. We had to ask ourselves 'what are we doing here and what do we want?'"
"Going back in the studio, creating and being with the music is just what felt natural. And it was just so different from any record I've ever made. There was joy in the hard work, catharsis and the comradery we'd craved. It was like those two years of not being able to do very much fell away and we really all came together and let it out in the music and lyrics. We were able to express what we all felt."
"Crazy Times," the band's long-anticipated sophomore album, is a follow-up to their much-lauded debut "Space Between," a multi-category #1 Billboard charting album. The new album will include 10 songs, nine of which Hagar wrote or co-wrote, along with a notable cover, "Pump It Up," a 1978 song by Elvis Costello and the Attractions. The song "Crazy Times" was written by the whole band along with Dave Cobb and recorded live. Sammy explains:
"Before I stepped into the studio with Dave, he'd told me he wanted the best of my career on this record, and he wasn't going to let me get out of that studio until I gave it to him. So, I said, 'If you expect that from me, at my age, as many records as I've made, you're going to have to push me,' and he said no problem. Obviously, I dug down and just tried to write good strong songs, great lyrics, great melodies and not worry so much about the arrangements because he had that covered. And he pushed and squeezed every one of us. We went in the studio with seven songs and came out with 10. We ended up cowriting three songs with Dave Cobb and the band—including the new track, Crazy Times."
CRAZY TIMES TRACKLIST
- INTRO: THE BEGINNING OF THE END
- SLOW DRAIN
- FEED YOUR HEAD
- PUMP IT UP
- BE STILL
- YOU GET WHAT YOU PAY FOR
- CRAZY TIMES
- FUNKY FENG SHUI
- FATHER TIME
- CHILDHOODS END
In support of the album release, Sammy Hagar & The Circle hit the road in June with the 21-city "Crazy Times" U.S. amphitheater tour. Fans and critics have been raving about the new songs, which have found their way into their explosive greatest hits-heavy setlist. Following the tour wrap on Saturday, Oct. 1 in Sacramento, California, Hagar will celebrate his 75th birthday at his annual week of Birthday Bash concerts at his Cabo Wabo Cantina in Cabo San Lucas, Mexico. Visit RedRocker.com for ticket information.
Sammy Hagar & The Circle "Crazy Times Tour" Tour Dates:
SAMMY HAGAR'S ANNUAL BIRTHDAY BASH IN CABO
Hagar remains committed to social advocacy and philanthropy through his Hagar Family Foundation. For more than a decade, the foundation uses music and Sammy's entrepreneur endeavors as a means to give back to causes special to him and his family; mainly food pantries and children's music and health related causes. To date, they have supported these causes with personal contributions of more than $4 million.
About Sammy Hagar:
For more than five decades, Sammy Hagar has been recognized as one of the best and most accomplished lead singers and songwriters in rock music. From breaking into the industry with the seminal hard rock band Montrose, to his multi-platinum solo career, to his ride as the frontman of Van Halen, Chickenfoot and his latest best-selling supergroup, The Circle, Hagar has amassed 25 Platinum albums on sales surpassing 50 million worldwide. Along his journey, he has set the tone for some of the greatest rock anthems ever written with songs like "I Can't Drive 55," "Right Now," and "Why Can't This Be Love," and earned the highest respect of the music industry with a Grammy Award and induction into the Rock & Roll Hall of Fame. Since launching his flagship Cabo Wabo Cantina in 1990, he's turned a lifelong passion for great food, music and spirits into a thriving and iconic lifestyle brand. A pioneer in the spirits industry, Hagar's development and 9-figure sale of his Cabo Wabo Tequila to Gruppo Campari in 2008 is widely credited as the start of the celebrity-owned spirits trend. His portfolio of spirits now includes Sammy's Beach Bar Rum, Santo Tequila, and Sammy's Beach Bar Cocktail Co., as well as several restaurants. Never one to hit the brakes, he's also found success in publishing, TV, radio and beyond, including five seasons of his hit TV show, "Rock & Roll Road Trip with Sammy Hagar," and as host of "Sammy Hagar's Top Rock Countdown," his syndicated radio show that's broadcast on 90+ U.S. stations. He's also a #1 NYT bestselling author, a dedicated philanthropist and since January 5, 2022, the first Honorary Ambassador to Los Cabos, an honor he was bestowed in recognition of his longtime investment in the people and economy of Mexico.
Visit RedRocker.com information on his upcoming 2022 tours and Las Vegas residency dates and follow him on Facebook, Instagram, YouTube, and his newly launched TikTok.
MEDIA ASSETS available, HERE.
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SOURCE UMe | https://www.wymt.com/prnewswire/2022/07/29/sammy-hagar-amp-circle-announce-new-album-crazy-times-first-singletitle-track-amp-video-crazy-times-out-today/ | 2022-07-29T13:39:18Z | https://www.wymt.com/prnewswire/2022/07/29/sammy-hagar-amp-circle-announce-new-album-crazy-times-first-singletitle-track-amp-video-crazy-times-out-today/ | true |
LAKE MARY, Fla., July 29, 2022 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 4D digital reality, today announced the expansion of its Board of Directors to nine members and the appointment of Rajani Ramanathan to its Board of Directors.
Ms. Ramanathan has held numerous senior executive leadership positions at Salesforce.com, concluding her nearly 14-year tenure as Salesforce's Executive Vice President and Chief Operating Officer of Technology & Products.
"Rajani's experience in building one of the pioneers of the SaaS industry at Salesforce.com, will be invaluable as FARO seeks to capitalize on the digitalization of the physical world. Our recent FARO Sphere launch has laid the foundation for accelerated SaaS growth, and we're pleased to have Rajani join us as we continue the transformation of FARO," commented Yuval Wasserman, Chairman of FARO's Board of Directors.
"Innovation for sustainable smart city development and solving urban challenges is an area of focus for me. I am excited to join FARO's Board and have the opportunity to work with the management team as the company increases its focus on SaaS offerings that target eliminating waste and improving process efficiencies for builders, owners and operators of the world's buildings," said Ms. Ramanathan.
Ms. Ramanathan's appointment became effective on July 25, 2022. She will be included in the slate of nominees for election to the Board of Directors at FARO's 2023 annual shareholders meeting.
FARO serves the 3D Metrology, AEC (Architecture, Engineering & Construction), O&M (Facilities Operations & Maintenance), and Public Safety Analytics markets. For over 40 years, FARO has provided industry-leading technology solutions that enable customers to digitize their world, and then use that data to make smarter decisions faster. FARO continues to be a pioneer in bridging the digital and physical worlds through data-driven accuracy, precision, and immediacy. For more information, visit www.faro.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties, such as statements about FARO's investments in its cloud-based 3D software platform and transition to providing combined hardware-software solutions. Such forward-looking statements may be identified by the use of the following words (among others): "believes," "expects," "may," "will," "plan," "should" or "anticipates," or comparable words and their negatives. These forward-looking statements are not guarantees but are subject to risks and uncertainties that could cause actual results to differ materially from the expectations contained in these statements. For a discussion of such risks and uncertainties, please see Part I, Item 1A. Risk Factors in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 that was filed on February 16, 2022. FARO assumes no obligation to update any forward-looking statements contained in this press release in the event of changing circumstances or otherwise, and such statements are current only as of the date they are made.
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SOURCE FARO | https://www.kwch.com/prnewswire/2022/07/29/faro-appoints-rajani-ramanathan-its-board-directors/ | 2022-07-29T13:40:05Z | https://www.kwch.com/prnewswire/2022/07/29/faro-appoints-rajani-ramanathan-its-board-directors/ | false |
ATLANTA, July 29, 2022 /PRNewswire/ -- World Micro, Inc., a global distributor providing unique solutions to complex supply chain challenges, is proud to share that CEO, Dan Ellsworth, is participating in the Vietnam: Gateway to Southeast Asia speaking engagement.
This conference, hosted by the Global Atlanta News Organization, will take place on August 8th and will feature numerous proprietors. Each speaker will present on their experiences in conducting business in one of the fastest growing consumer and tech ecosystems in the world. CEO Dan Ellsworth had this to say regarding his involvement:
"There are so many great opportunities for business expansion in Southeast Asia, and it really speaks to the diversity Atlanta has to offer for this business delegation to invest their time in visiting here; with Atlanta being the 'business hub' of the South, this event offers growth-oriented companies a unique chance to learn more about the business opportunities the Atlanta area brings."
Link to register for tickets to this speaking engagement. Vietnam: Gateway to Southeast Asia - Global Atlanta
World Micro and its wholly owned subsidiary, MIT Distributors, are global franchised distributors specializing in commodities such as electronic components, specialty hardware, wire & cable, electromechanical, and interconnect products. Our capabilities include global sourcing & procurement, kitting & assembly, inventory management programs, AOG fulfillment, quality testing & inspection, ITAR/export compliance, and engineering & technical support. By focusing on quality systems & custom-tailored programs, World Micro and MIT are able to provide supply chain solutions that exceed our customers' rigid requirements and expectations. We are ISO 9001:2015, AS9120, AC 00-56, and Small Business Certified, ITAR Registered, and ERAI Members.
Visit us on LinkedIn
www.linkedin.com/company/world-micro-components
CONTACT: Nick Ricci, nricci@worldmicro.com
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SOURCE World Micro, Inc. | https://www.wymt.com/prnewswire/2022/07/29/world-micro-ceo-participating-southeast-asia-trade-investment-speaking-engagement/ | 2022-07-29T13:40:38Z | https://www.wymt.com/prnewswire/2022/07/29/world-micro-ceo-participating-southeast-asia-trade-investment-speaking-engagement/ | false |
NEW YORK (AP) — Wall Street pointed higher ahead of the opening bell Friday and major indexes are on track for their first back-to-back weekly gains in four months despite a seemingly endless string of data that points to rising inflation.
Futures for the S&P 500 gained 0.4% and futures for the Dow Jones industrials ticked up 0.1%, though both retreated from higher levels after more startling inflation data from the U.S.
The government reported that an inflation gauge closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades.
Friday’s figures from the Commerce Department underscored the persistence of the inflation that is eroding the purchasing power of Americans and dimming their confidence in the economy.
That is a troublesome trend because consumer spending is a primary driver in the U.S. economy and has been among the few bright spots as far as economic indicators.
Consumers appear to be holding steady the data released Friday shows that spending managed to just outpace inflation, rising 0.1% from May to June after adjusting for price changes.
Wall Street appears believe that the Federal Reserve may temper its aggressive interest rate hikes aimed at taming inflation after the Commerce Department reported the U.S. economy contracted at a 0.9% annual pace in the last quarter. That followed a 1.6% year-on-year drop in the first quarter.
Consecutive quarters of falling GDP are an informal, though not definitive, indicator of what economists call a technical recession.
Shares in Europe were markedly higher at midday, despite a report that inflation in the countries using the euro currency shot up to another record this month. Annual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to numbers published Friday by the European Union statistics agency.
Energy prices surged by nearly 40%, fueled by Russia’s war in Ukraine, but the economy still managed better-than-expected, if meager, 0.7% growth in the second quarter.
That growth comes even as Germany, Europe’s traditional economic engine, stagnated in the April-June quarter, adding to fears that it may be on the brink of recession. Worries about energy supplies are at the center of concern about the outlook for the economy, which like many others is suffering from high inflation.
In a bid to staunch higher prices, the European Central Bank raised interest rates last week for the first time in 11 years.
At midday Friday in Europe, Germany’s DAX added 1.2%, while France’s CAC 40 rose 1.6%. Britain’s FTSE 100 gained 0.5%.
In Asia, investors were cautiously eyeing regional tensions after President Joe Biden and China’s Xi Jinping spoke for more than two hours on Thursday. China left no doubt it blames the U.S. for a deteriorating relationship, but the White House said call’s aim was to “responsibly manage our differences and work together where our interests align.”
Hong Kong’s Hang Seng index dropped 2.4% to 20,156.51 and the Shanghai Composite index declined 0.9% to 3,253.24 after China’s leaders said after a planning meeting that the country would stick with a zero COVID policy that has disrupted manufacturing and other business activity. That underscores the high cost Xi’s government is willing to incur to stop the virus in a politically sensitive year when he is widely expected to try to extend his term in power.
Japan’s benchmark Nikkei 225 inched down less than 0.1% to finish at 27,801.64, while Australia’s S&P/ASX 200 gained 0.8% to 6,945.20. South Korea’s Kospi added 0.7% to 2,451.50.
Japanese government data showed factory output in June jumped 8.9% from the previous month, marking the first rise in three months. The recent easing of pandemic lockdowns in China has helped boost Japanese production.
In other trading, benchmark U.S. crude gained $2.08 to $98.50 a barrel in electronic trading on the New York Mercantile Exchange. It lost 84 cents to $96.42 on Thursday.
Brent crude, the international pricing standard, gained $2.19 to $104.02 a barrel.
Oil companies have been pulling in record profits the last few months, at a time when Americans struggled to pay for gasoline, food and other basic necessities.
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion. The sky-high profits come one day after the U.K.’s Shell shattered its own profit record. Shares in Exxon and Chevron each rose more than 3% before the bell Friday.
In currency trading, the U.S. dollar fell to 133.78 Japanese yen from 134.27 yen late Thursday. The euro cost $1.0198 down from $1.0199.
——- | https://www.cbs42.com/news/business/asian-shares-mixed-on-us-rally-china-economic-growth-woes/ | 2022-07-29T13:41:15Z | https://www.cbs42.com/news/business/asian-shares-mixed-on-us-rally-china-economic-growth-woes/ | true |
Top Senate Dem candidates react to economic contraction, fall short of calling it a recession
US GDP fell 0.9% in April, May and June, contracting for a second straight quarter and signaling a recession
FIRST ON FOX: Several top Democrats in competitive Senate races say more needs to be done to get the economy back on track, but refused to say if the economy was in a recession, despite the latest GDP number showing the economy contracted for a second straight quarter.
The comments were provided exclusively to Fox News Digital on Thursday and followed an announcement from the Commerce Department that the gross domestic product (GDP), the broadest measure of goods and services produced across the economy, shrank by 0.9% on an annualized basis in the three-month period from April through June.
In a scathing response to the recent economic data, Pennsylvania Democratic Senate nominee John Fetterman, who currently serves as the state's lieutenant governor and will face off in November against Republican nominee Dr. Mehmet Oz, said it is time for members of Congress "to act and start taking serious action."
"It’s clear that Washington is not doing enough to tackle inflation and help the working people of Pennsylvania," Fetterman said in a statement to Fox News Digital. "While hard working Americans continue to pay absurd prices for gas, ExxonMobil recently announced that they’re on track to pocket $18 billion in profits in a single quarter. It does not take a genius to see what is going on here. They are making billions of dollars off the backs of regular people. We need to take on these companies and put an end to this."
TWITTER TORCHES BIDEN FOR CLAIMING IT ‘DOESN’T SOUND LIKE' THERE'S A RECESSION: ‘OUT OF TOUCH'
"We also need to be making more sh** in America to lower costs and make sure that the supply chain starts and ends here, instead of relying on companies and countries overseas," he added. "Making more stuff at home will drive down prices for everyone, simplify our broken supply chains, and create more good-paying jobs for people across Pennsylvania. Washington needs to act and start taking serious action to lower costs for the working people across the country."
Meredith Brasher, the communications director for Georgia Democrat Sen. Raphael Warnock's re-election campaign, insisted that the senator is continuously "working to lower costs" for his constituents in Georgia.
"Reverend Warnock is working to lower costs for hardworking Georgia families: he successfully led the passage of the bipartisan CHIPS and Science bill to boost U.S. manufacturing and reduce our reliance on foreign nations like China, he’s fighting to cap the cost of insulin, and pushing to suspend the federal gas tax," Brasher said.
Warnock, who seeks to defeat Georgia GOP Senate nominee Herschel Walker in November, recently co-sponsored bipartisan legislation, known as the Ocean Shipping Reform Act, that was recently signed into law by President Biden to prevent foreign ocean carriers from refusing to ship U.S. goods to overseas markets.
LAWMAKERS REACT AFTER MANCHIN, SCHUMER AGREE TO RECONCILIATION DEAL: ‘BUILD BACK BROKE’
Offering similar remarks to that of Brasher, Lauren Wodarski, a spokesperson for Sen. Catherine Cortez Masto, D-Nev., insisted the senator has prioritized "lowering costs" for residents in Nevada.
"Senator Cortez Masto is focused on lowering costs for Nevada families, including by making prescription drugs more affordable," Wodarski said in a statement.
On Thursday, Cortez Masto, accompanied by Sen. Maria Cantwell, D-Wash., introduced bicameral legislation to provide the Federal Energy Regulatory Commission with additional authority to protect consumers and attempt to prevent the manipulation of electricity and natural gas markets.
Cortez Masto is facing a tough re-election battle in Nevada against Republican Senate nominee Adam Laxalt, who enjoys the backing of former President Donald Trump.
Jacob Peters, the communications director for Sen. Mark Kelly, D-Ariz., told Fox News Digital that the senator is "focused" on the burdens faced by Arizonans as prices continue to rise for a number of goods and products.
US ECONOMY ENTERS TECHNICAL RECESSION AFTER GROWTH TUMBLES 0.9% IN THE SECOND QUARTER
"Senator Kelly has been focused on the impacts on Arizonans facing rising costs for gas, groceries, prescription drugs, and other products," Peters said.
Earlier this year, Kelly, along with Sen. Maggie Hassan, D-N.H., introduced the Gas Prices Relief Act in an effort to suspend the federal gas tax through the end of the year.
Additionally, Kelly teamed up with West Virginia Democrat Sen. Joe Manchin to urge the Biden administration to increase domestic oil production.
Kelly, who took office in December 2020 following a narrow special election victory, is running for re-election to the Senate. The Arizona state primary elections will be held on Tuesday and there's a crowded field of Republicans who aim to unseat Kelly in November's general election.
Prior to the first reading from the Commerce Department on the GDP's shrinkage, Refinitiv economists expected the report to show the economy had expanded by 0.5%.
Economic output fell over the first three months of the year, with GDP tumbling 1.6%, the worst performance since the spring of 2020 when the economy was still deep in the throes of the COVID-induced recession.
Recessions are technically defined "a significant decline in economic activity that is spread across the economy and lasts more than a few months," and are characterized by high unemployment, low or negative GDP growth, falling income and slowing retail sales, according to the National Bureau of Economic Research (NBER), which tracks downturns.
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On Wednesday, Manchin and Senate Majority Leader Chuck Schumer, D-N.Y., announced they had agreed on a watered down version of Build Back Better known as the Inflation Reduction Act of 2022. The measure, according to Manchin's and Schumer's offices, will raise $739 billion in revenue through IRS tax enforcement, the corporate minimum tax and closing the carried interest loophole. It will spend $433 billion total, they said, on energy and climate change provisions and on the Affordable Care Act extension.
Senate Democrats and Republicans are at odds over how the measure will impact the American economy as the midterm elections rapidly approach.
Fox News' Tyler Olson and Megan Henney contributed to this article. | https://www.foxnews.com/politics/officials-vulnerable-senate-dems-react-current-economic-crisis-fall-short-calling-recession | 2022-07-29T13:42:51Z | https://www.foxnews.com/politics/officials-vulnerable-senate-dems-react-current-economic-crisis-fall-short-calling-recession | false |
Media Releases › Carbonxt Group View All Carbonxt Group News Carbonxt Group - Appendix 4C 29 Jul 2022 10:22 AM To view the Quarterly cash flow report for entities subject to Listing Rule 4.7B, download the attached PDF. Download this document | https://www.finnewsnetwork.com.au/CompanyReports/Carbonxt-Group/20220729/Carbonxt-Group-%7C%7C%7C-Appendix-4C | 2022-07-29T13:44:27Z | https://www.finnewsnetwork.com.au/CompanyReports/Carbonxt-Group/20220729/Carbonxt-Group-%7C%7C%7C-Appendix-4C | true |
Key inflation gauge reaches 6.8% in June as prices keep surging
WASHINGTON (AP) — An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, and leaving Americans with no relief from surging costs.
Friday’s government figures underscored the persistence of the inflation that is eroding Americans’ purchasing power, dimming their confidence in the economy and threatening Democrats in Congress in the run-up to the November midterm elections.
On a month-to-month basis, prices rose 1% from May to June, faster than the 0.6% rise from April to May and the biggest such jump since 2005.
A separate government report Friday reinforced the fact that the economy remains gripped by inflation pressures. A measure of employees’ wages, excluding government workers, jumped 1.6% in the April-June quarter, matching a record high reached last fall. Higher wages can fuel inflation if companies pass their higher labor costs on to their customers, as they typically do.
The Fed closely watches this report, known as the employment cost index, and takes account of it in its interest rate decisions. Last fall’s sharp increase in the index contributed to the Fed’s policy shift toward tightening credit.
The government also reported Friday that consumer spending managed to just outpace inflation last month, rising 0.1% from May to June after adjusting for price changes. Consumer spending, the main driver of the economy, has weakened in the face of high inflation. But for now, it’s still helping fuel inflation, with demand still strong for services, ranging from airline tickets and hotel rooms to restaurant meals and autos.
Many retail and consumer goods chains, though, say inflation is squeezing shoppers and limiting how far their money goes — a sign that consumer spending could further weaken.
This week, Walmart said its profits would fall because its customers are spending more on pricier food and gas, leaving them less able to buy clothes and other discretionary items. Likewise, Best Buy downgraded its sales and profit forecasts because surging inflation has forced consumers to reduce their purchases of electronics appliances.
Procter & Gamble, which makes Tide detergent and Pampers, among many other consumer staples, said that its customers are also reining in their purchases after having spent more heavily in the spring.
Inflation has been rising so fast that despite the pay raises many workers have received, most consumers are falling behind the pace of cost-of-living expenses.
High inflation and interest rates are also hampering the U.S. economy, which shrank in the April-June quarter for a second straight quarter, intensifying fears that a recession is looming. Two quarters of declining growth meet an informal rule of thumb for when a recession begins, although robust hiring suggests that the economy still maintains pockets of strength and isn’t yet in a downturn.
On Wednesday, the Fed raised its benchmark interest rate by three-quarters of a point for a second straight time in its most aggressive drive in more than three decades to tame high inflation. Powell signaled that the Fed’s pace of rate increases might slow in the coming months.
Still, Powell stressed that the Fed’s policymakers regard the fight against inflation to be their top priority. He gave no hint that a weakening economy would cause the Fed to slow or reverse its rate hikes this year or early next year if inflation remained high.
By raising borrowing rates, the Fed makes it costlier to take out a mortgage or an auto or business loan. The goal is for consumers and businesses to borrow, spend and hire less, thereby cooling the economy and slowing inflation.
Globally, inflation is weighing heavily on other economies, too. This month, prices jumped 8.9% in the 19 European countries that use the euro currency from a year earlier. Europe’s economy has been hit particularly hard by higher natural gas and oil prices stemming from Russia’s invasion of Ukraine, though it managed to grow slightly in the second quarter.
During the April-June quarter, U.S. consumers increased their spending, even after adjusting for inflation. But the figure amounted to a meager 1% annual gain, down from 1.8% in the January-March period.
On Thursday, President Joe Biden rejected any notion that a recession had begun. Biden pointed to still-solid job growth, an unemployment rate near a half-century low and a spate of investments from semiconductor companies as evidence that the economy is still healthy.
Biden also welcomed an agreement forged by Senate Democrats on a slimmed-down version of his Build Back Better legislation, which many economists say could slow inflation over time. The bill would cut the government’s budget deficit, which restrains inflation by reducing overall demand. It would also reduce expenses for seniors by authorizing Medicare to negotiate the prices of some drugs.
The Fed tends to monitor Friday’s inflation gauge, called the personal consumption expenditures price index, even more closely it does the government’s better-known consumer price index. Earlier this month, the CPI reported an acceleration in inflation, to 9.1% in June from a year earlier, the highest such reading in 41 years.
The PCE index, which tends to show a lower inflation level than CPI, is a broader measure of inflation that includes payments made on behalf of consumers, including medical services covered by insurance or government programs. The CPI covers only out-of-pocket costs, which in recent years have risen more. Rents, which are rising at their fastest pace in 35 years, are also given less weight in the PCE than in the CPI.
The PCE price index also seeks to account for changes in how people shop when inflation jumps. As a result, it can capture, for example, when consumers switch from pricey national brands to cheaper store brands.
Copyright 2022 The Associated Press. All rights reserved. | https://www.1011now.com/2022/07/29/inflation-gauge-accelerated-68-june/ | 2022-07-29T13:45:41Z | https://www.1011now.com/2022/07/29/inflation-gauge-accelerated-68-june/ | false |
Media Releases › Qualitas Real Estate Income Fund View All Qualitas Real Estate Income Fund News Dividend/Distribution - QRI 29 Jul 2022 11:51 AM To view the Notification of dividend/distribution, download the attached PDF. Download this document | https://www.finnewsnetwork.com.au/CompanyReports/Qualitas-Real-Estate-Income-Fund/20220729/Dividend%7C%7C%7C%7C2FDistribution-%7C%7C%7C-QRI | 2022-07-29T13:46:04Z | https://www.finnewsnetwork.com.au/CompanyReports/Qualitas-Real-Estate-Income-Fund/20220729/Dividend%7C%7C%7C%7C2FDistribution-%7C%7C%7C-QRI | true |
Russia, Ukraine trade blame for shelling of POW prison that killed dozens
Russia and Ukraine accused each other Friday of shelling a prison in a separatist region of eastern Ukraine, an attack that reportedly killed dozens of Ukrainian prisoners of war who were captured after the fall of a southern port city in May.
Related video above: Blinken: U.S. offered Russia proposal to bring Griner, Whelan home
Russia said Ukraine's military used U.S.-supplied multiple rocket launchers to strike the prison in Olenivka, a settlement controlled by the Moscow-backed Donetsk People's Republic. Separatist authorities and Russian officials said the attack killed 53 Ukrainian POWs and wounded 75.
The Ukrainian military denied making any rocket or artillery strikes in Olenivka, and said it only aims for Russian military targets. It accused the Russians of shelling the prison to cover up the alleged torture and execution of Ukrainians there.
Neither claim could be independently verified.
The Russian claims are part of an “information war to accuse the Ukrainian armed forces of shelling civilian infrastructure and the population to cover up their own treacherous action,” Ukraine's military said.
Denis Pushilin, the leader of the internationally unrecognized Donetsk republic, said the prison held 193 inmates. He didn’t specify how many of them were Ukrainian POWs.
A Russian Defense Ministry spokesperson, Lt. Gen. Igor Konashenkov, described the strike as a “bloody provocation” aimed at discouraging Ukrainian soldiers from surrendering. He said Ukraine used the precision High Mobility Artillery Rocket System to hit the prison and eight guards were wounded.
Ukrainian forces are fighting to hold on to the remaining territory under their control in Donetsk, which together with neighboring Luhansk province makes up Ukraine's mostly Russian-speaking Donbas region.
For several months of the war in Ukraine, Moscow has focused on trying to seize parts of the Donbas not already held by the separatists. Ukrainian authorities in the Donetsk region accused Russia on Friday of shelling civilian targets in Ukrainian-held areas.
“The fighting in the region has been intensifying by the day, and civilians must evacuate while it’s still possible,” Donetsk Gov. Pavlo Kyrylenko said. “The Russian army doesn’t worry about civilian casualties. They are pummeling cities and villages in the region.”
Kyrylenko later said one person was killed and five injured in Russian rocket strike on the city of Kramatorsk on Friday.
The POWS at the Donetsk prison included troops captured during the fall of Mariupol. They spent months holed up with civilians at a giant steel mill in the southern port city. Their resistance during a relentless Russian bombardment became a symbol of Ukrainian defiance against Russia's aggression.
More than 2,400 soldiers from the Azov Regiment of the Ukrainian national guard and other military units gave up their fight and surrendered under orders from Ukraine's military in May.
Scores of Ukrainian soldiers have been taken to prisons in Russian-controlled areas such as the Donetsk region, a breakaway area in eastern Ukraine which is run by Russian-backed separatist authorities. Some have returned to Ukraine as part of prisoner exchanges with Russia, but families of others have no idea whether their loved ones are alive, or if they will ever come home. | https://www.wmur.com/article/russia-ukraine-trade-blame-for-shelling-pow-prison/40753244 | 2022-07-29T13:47:28Z | https://www.wmur.com/article/russia-ukraine-trade-blame-for-shelling-pow-prison/40753244 | false |
Conference Call to Discuss Results Scheduled for 10:00 a.m. ET Today
NEW YORK, July 29, 2022 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate business, today reported its financial results for the quarter ended June 30, 2022.
A complete and full-text financial results press release, including information about today's financial results conference call and Newmark's dividend declaration, is accessible using either the "About" or "Media" tabs at https://nmrk.com. It is also available directly at any of the following web pages:
https://ir.nmrk.com (PDF version of the full press release, PDF of a quarterly results investor presentation, and supplemental Excel financial tables)
https://ir.nmrk.com/investors/news-releases/financial-and-corporate-releases (Links to the PDF version of the full press release, PDF of a quarterly results investor presentation, and to Excel financial tables)
https://nmrk.com/media (PDF version of the full release only)
Note: If clicking on the above links does not open a new web page, you may need to cut and paste the above URLs into your browser's address bar.
Today's conference call is expected to contain forward-looking statements with respect to the Company's financial outlook.
ABOUT NEWMARK
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries ("Newmark"), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark's comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform's global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. Newmark generated revenues of over $3.2 billion for the twelve months ending June 30, 2022. Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with over 6,500 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK
Statements in this document regarding Newmark that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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SOURCE Newmark Group, Inc. | https://www.kfyrtv.com/prnewswire/2022/07/29/newmark-group-inc-reports-second-quarter-2022-financial-results/ | 2022-07-29T13:47:33Z | https://www.kfyrtv.com/prnewswire/2022/07/29/newmark-group-inc-reports-second-quarter-2022-financial-results/ | true |
Myrtle Beach rattlesnake captured 'Snake Chaser'
Imagine enjoying a day at Myrtle Beach and seeing a rattlesnake in the surf.
It happened Tuesday at Myrtle Beach State Park.
(Video above is the snake being released at its new home)
A woman on the beach spotted the snake while walking along the sand.
The park contacted Russell Cavender, the Snake Chaser, to help out.
Cavender says he only gets a call for a rattlesnake on the beach about once every two years.
He says that's a good thing because a rattlesnake could possibly only survive a day or so in salt water.
Video below shows more of the snake:
According to Cavender, no matter how scary they look, they need to be protected right now because their population numbers are dwindling.
"The problem with this snake is, is they're easily killed because they're so identifiable," Cavender said. "They let you know they're there. Now you could walk across a copperhead all day long and never see it and they don't rattle their tail. That rattle is basically a death sentence to them. People hear them, and they're scared to death of them, and they just, unfortunately, kill them."
Cavender collected the snake and dropped it in a swampy, rural part of Horry County. | https://www.wyff4.com/article/myrtle-beach-rattlesnake-captured/40753310 | 2022-07-29T13:48:30Z | https://www.wyff4.com/article/myrtle-beach-rattlesnake-captured/40753310 | true |
WASHINGTON (AP) — The Biden administration said Friday it has reached an agreement with Moderna to buy 66 million doses of the company’s next generation of COVID-19 vaccine that targets the highly transmissible omicron variant, enough supply this winter for all who want the upgraded booster.
The order of the bivalent shot follows the announcement last month that the federal government had secured 105 million doses of a similar vaccine from rival drugmaker Pfizer. Both orders are scheduled for delivery in the fall and winter, assuming regulators sign off on their effectiveness.
The omicron strain has been dominant in the U.S. since December, with the BA.5 subvariant now causing a massive wave of infections across the country, even infecting President Joe Biden.
“We must stay vigilant in our fight against COVID-19 and continue to expand Americans’ access to the best vaccines and treatments,” Health and Human Services Secretary Xavier Becerra said in a statement. “As we look to the fall and winter, we’re doing just that — ensuring Americans have the tools they need to stay safe and help keep our nation moving forward.”
The U.S. orders with Pfizer and Moderna include options to purchase 300 million doses each, but reaching that total will require more funding from Congress, the Biden administration said.
About 261 million Americans have received at least one COVID-19 shot, but only 108 million have received a booster. | https://www.fox16.com/news/national-news/white-house-moderna-reach-deal-for-omicron-covid-19-vaccine/ | 2022-07-29T13:52:30Z | https://www.fox16.com/news/national-news/white-house-moderna-reach-deal-for-omicron-covid-19-vaccine/ | true |
If you've been holding out for a steep discount on Apple's top-tier MacBook Pro models, your patience is being rewarded today with some of the best MacBook deals we've seen to date. Apple's MacBook Pro models with its powerful M1 Pro chip have had prices slashed at Best Buy with as much as $350 taken off their regular prices. The My Best Buy member-exclusive markdowns apply to both 14-inch and 16-inch versions and make for the lowest prices ever on these machines.
If you want Apple's largest laptop, the 16-inch MacBook Pro is the very fellow. It packs in a gorgeous 16.2-inch Liquid Retina XDR display with ProMotion and 1,600 nits of peak brightness. Inside, the devices are powered by Apple's M1 Pro chip with a 10‑core CPU, 16‑core GPU and 16GB of RAM. Both the 512GB and 1TB configurations are discounted by $350 at Best Buy right now -- a better price than during Prime Day earlier this month.
On the smaller side, the more portable 14-inch MacBook Pro is available for as little as $1,699 at Best Buy, which is $300 off. That's the lowest we've seen this machine go and the 1TB configuration is discounted by even more at $350 off. Both machines are also running Apple's M1 Pro chip with 16GB of RAM.
There's no telling how long these deals will last, so it's best to place your order as soon as possible if you want to get in on the current savings. As mentioned, the full discount on each laptop is exclusively available to My Best Buy members, though it's free to sign up for a membership, making it well worth doing. If you're not seeing the full savings, make sure you're logged in with your My Best Buy account. | https://www.cnet.com/deals/apples-macbook-pro-models-with-m1-pro-chip-hit-new-lows-with-up-to-350-off/ | 2022-07-29T13:55:29Z | https://www.cnet.com/deals/apples-macbook-pro-models-with-m1-pro-chip-hit-new-lows-with-up-to-350-off/ | true |
BUDAPEST, Hungary (AP) — Max Verstappen supports banning abusive fans from races, but the reigning Formula One champion believes drivers have limited influence in curbing the boorish behavior seen at recent events.
Verstappen called on F1 and race promoters to implement stronger deterrents to the unruliness in the grandstands.
Abusive behavior from spectators overshadowed the Austrian Grand Prix two weeks ago and fans — particularly women — used social media to make F1 aware of rampant harassment, sexism, racism, and homophobia.
Verstappen’s Red Bull teammate Sergio Perez called for lifetime bans and team principal Christian Horner agreed that a zero tolerance policy is needed. Verstappen on Thursday told The Associated Press that increased security can help.
But when asked if Verstappen could directly calm fans himself, he pushed responsibility onto F1 and called for heightened security.
“I think that also needs to be up to the F1 organization, because they are the ones hosting and working together with the promoter to allow people in,” Verstappen told AP inside Red Bull’s motorhome at the Hungarian Grand Prix.
“I’m not in control of what fans are doing. It’s the same with any sport, you’re not in control of what the fans are going to do. But if you have a lot of security around, (they) might influence what people are doing in the grandstands. This is not only up to the drivers. It’s not only Austria, I think it’s happened all over the place.”
Verstappen believes the poor behavior of late is a deeper societal problem.
“You can put a lot of things in place, but at the end of the day it all comes down to education from a younger age: where you grew up, where you went to school,” Verstappen said. “That’s where it also already starts, because I don’t think these people got motivated by what we’re doing (in F1) to do these kind of things.
“This is something which has started from a younger age, and this is what they think is fine.”
He said banning fans from attending future races is “a strong penalty and I fully agree with that. But will you fully change that person? Probably not.”
Verstappen drew a parallel with bad behavior at F1 races to rowdy soccer fans, and said social media platforms should do “a lot more” to stem online abuse.
“It’s the same in football where people get stadium bans, that doesn’t mean that someone in five years’ time won’t do it again,” said Verstappen said. “They might risk a stadium ban, (because) some people just don’t think, or just do what they like.”
There is a month-long summer break after the Hungarian Grand Prix before a doubleheader in Belgium and the Netherlands. Those two races, like Austria, will be packed with legions of orange-shirted Verstappen fans dubbed “The Orange Army.”
Verstappen was asked earlier Thursday if he was concerned it is his supporters misbehaving, but he doesn’t think the Orange Army was responsible for all the issues in Austria.
“I think in general they all behave quite well, just a few individuals didn’t,” he said.
Verstappen, winner of seven of the first 12 races this season, has a 63-point lead over Charles Leclerc of Ferrari headed into Sunday’s race. The 24-year-old has tallied 27 career victories, but with a decade or more of racing potentially in his future, he could be eyeing Lewis Hamilton’s mark of 103 victories and the record seven championships shared by Hamilton and Michael Schumacher.
“You need a bit of luck, to be at the right team at the right time for a long time to be incredibly successful,” he said. “Of course (Hamilton’s) an amazing driver, arguably one of the best ever. But you need to have the team to be that dominant.”
Verstappen’s dramatic title win last year, where he passed Hamilton on the last lap, increased his huge popularity at home. But it didn’t change how he approaches his craft, which he learned from his father, former F1 driver Jos Verstappen.
“It’s great to have that support, but I know I’ll try to do my best anyway. That’s how I grew up, that’s how my dad always worked with me,” he said. “You have to look at yourself after the race weekend: ‘Did I extract everything I could out of it?’
“It doesn’t matter if you have millions of followers or not, you have to look at yourself first. They don’t put any extra pressure on me to perform.”
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://www.kxnet.com/sports/ap-exclusive-verstappen-says-drivers-limited-in-taming-fans/ | 2022-07-29T13:57:06Z | https://www.kxnet.com/sports/ap-exclusive-verstappen-says-drivers-limited-in-taming-fans/ | false |
MEDIA ADVISORY - RIBBON-CUTTING AT BETRIVERS SPORTSBOOK AT BINGO WORLD
Published: Jul. 29, 2022 at 8:00 AM CDT|Updated: 1 hour ago
BALTIMORE, July 29, 2022 /PRNewswire/ --
View original content:
SOURCE BetRivers
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wlbt.com/prnewswire/2022/07/29/media-advisory-ribbon-cutting-betrivers-sportsbook-bingo-world/ | 2022-07-29T14:00:08Z | https://www.wlbt.com/prnewswire/2022/07/29/media-advisory-ribbon-cutting-betrivers-sportsbook-bingo-world/ | false |
GATLINBURG, Tenn. (WATE) — An investigation is ongoing after a woman was found deceased beneath the Scenic Chondola at Anakeesta.
The Gatlinburg Fire & Rescue Department was sent to Anakeesta at 7:41 p.m. for an incident on the park’s chairlift. Once arriving at the scene, a woman was found dead under the chairlift according to Gatlinburg Police. The Sevier County Medical Examiners’ Office also responded to the scene and pronounced the victim dead.
A statement from Anakeesta said, “A tragic incident occurred this evening. 911 was called immediately. Our hearts are with the family of the deceased.” | https://www.wjhl.com/news/regional/tennessee/investigation-underway-after-woman-dies-at-anakeesta-in-gatlinburg/ | 2022-07-29T14:02:06Z | https://www.wjhl.com/news/regional/tennessee/investigation-underway-after-woman-dies-at-anakeesta-in-gatlinburg/ | true |
First Reliance Bancshares Reports Second Quarter 2022 Results
Published: Jul. 29, 2022 at 8:30 AM EDT|Updated: 2 hours ago
FLORENCE, S.C., July 29, 2022 /PRNewswire/ -- First Reliance Bancshares, Inc. (OTC:FSRL), the holding company for First Reliance Bank (collectively, "First Reliance" or the "Company"), today announced its financial results for the second quarter of 2022.
Second Quarter 2022 Highlights
Net income for the second quarter of 2022 was $1.1 million, or $0.13 per diluted share, compared to $1.3 million, or $0.17 per diluted share, for the second quarter of 2021.
Net interest income for the quarter was $7.3 million, which represents an increase of $1.1 million, or 18.0%, compared to the same period as last year.
Net interest margin expanded during the quarter to 3.39% at June 30, 2022 compared to 3.12% for the first quarter of 2022.
Total loans increased $45.9 million, or 30.8% annualized, to $638.0 million at June 30, 2022 from $592.1 million at March 31, 2022.
Total investment securities available for sale increased $20.0 million, or 55% annualized, to $164.4 million at June 30, 2022 from $144.4 million at March 31, 2022.
During June, the bank closed our Taylor's branch in Greenville, SC. Full cost savings will be realized by the end of the third quarter.
Asset quality improved on a linked quarter basis, with a decrease of 0.05% in nonperforming assets as a percentage of total assets to 0.06% at June 30, 2022.
The Company had net recoveries of $178 thousand, or annualized 0.12% of average loans during the quarter compared to net recoveries of $81 thousand, or annualized 0.06% of average loans, for the quarter ended March 31, 2022.
Cost of funds for the second quarter of 2022 decreased to 0.21% from 0.22% on a linked quarter basis and from 0.40% for the same period in 2021.
Rick Saunders, Chief Executive Officer, remarked: "We are pleased with the increase in the profitability of our core banking business highlighted by a 27 bps increase in net interest margin for the second quarter. Our bankers were able to find high quality loan opportunities during the quarter as we continue to focus on disciplined growth. We're proud of our strong asset quality metrics and will remain vigilant as we prepare our balance sheet for a softening in the national macro-economic environment."
Mr. Saunders continued, "For the last several quarters, our mortgage revenue has faced headwinds from rising interest rates and low housing supply, however we look forward to our mortgage business stabilizing in the second half of 2022."
Net income for the three months ended June 30, 2022 was $1.1 million, or $0.13 per diluted common share, compared to $1.3 million, or $0.17 per diluted common share, for the three months ended June 30, 2021. Net income for the six months ended June 30, 2022 totaled $1.9 million, or $0.24 per diluted common share, compared to $3.1 million, or $0.37 per diluted common share for the six months ended June 30, 2021.
Noninterest income for the three months ended June 30, 2022 was $2.1 million, a decrease of $1.8 million from $3.9 million for the same period in 2021. Noninterest income is largely driven by the Company's mortgage banking division, which produced net revenue of $0.9 million on $73.6 million of mortgage sale volume during the three months ended June 30, 2022. Mortgage banking income decreased due to lower margins, a reduction in the value of the pipeline, and an increase in the amount of mortgages that were retained in our LHFI portfolio from our higher margin retail channel, instead of being sold into the secondary market. For the three months ended June 30, 2021 there was a $0.3 million gain on sale of loans from the sale of the Bank's PPP loan portfolio contributing to the decrease in noninterest income when compared to the same period in 2021.
Noninterest expense for the three months ended June 30, 2022 was $7.9 million, a decrease of $0.4 million from $8.3 million for the same period in 2021. This decrease was driven mainly by a $0.5 million severance expense recorded in the second quarter of 2021. Data processing, technology, and communications for the quarter was down $0.1 million over the same period in 2021.
Net interest income for the three months ended June 30, 2022 was $7.3 million compared to $6.2 million for the three months ended June 30, 2021. This increase was primarily driven by an increase in interest-earning assets as well as a decrease in the cost of interest-bearing liabilities, which decreased from 0.40% to 0.31%. Improvements in costs of interest-bearing liabilities were offset by decreases in asset yield. Yield on interest-earning assets decreased to 3.60% for the three months ended June 30, 2022 from 3.69% for the same period in 2021.
Net interest income was $13.9 million for the six months ended June 30, 2022, an increase of $2.1 million over the same period in 2021. Increases in average loans and investments contributed to majority of the increase in interest income somewhat offset by a reduction in yield on interest earning assets.
Our asset quality remained strong through June 30, 2022, with nonperforming assets dropping to $0.6 million, which represents 0.06% of total assets. The allowance for loan losses as a percentage of total loans receivable decreased slightly to 1.17% at June 30, 2022, compared to 1.22% at March 31, 2022. The Company had net recoveries of $178 thousand for the three months ended June 30, 2022 compared to net recoveries of $47 thousand for the same period in 2021.
ABOUT FIRST RELIANCE
Founded in 1999, First Reliance Bancshares, Inc. (OTC: FSRL.OB), is based in Florence, South Carolina and has assets of approximately $947 million. The company employs more than 175 professionals and has locations throughout South Carolina and central North Carolina. First Reliance has redefined community banking with a commitment to making customers' lives better, its founding principle. Customers of the company have given it a 93% customer satisfaction rating well above the bank industry average of 81%. First Reliance is also one of two companies throughout South Carolina to receive the Best Places to Work in South Carolina award all 16 years since the program began. We believe that this recognition confirms that our associates are engaged and committed to our brand and the communities we serve. In addition to offering a full range of personalized community banking products and services for individuals, small businesses and corporations, First Reliance offers two unique community-customers programs, which include: Hometown Heroes, a package of benefits for those serving our communities and Check N Save, an outreach program for the unbanked or under-banked. The company also offers a full suite of digital banking services, Treasury Services, a Customer Service Guaranty, a Mortgage Service Guaranty, and First Reliance Wealth Strategies.
FORWARD-LOOKING STATEMENTS
Certain statements in this news release contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future plans and expectations, and are thus prospective. Such forward-looking statements include, but are not limited to, statements with respect to our plans, objectives, expectations and intentions and other statements that are not historical facts, and other statements identified by words such as "believes," "expects," "anticipates," "estimates," "intends," "plans," "targets," and "projects," as well as similar expressions. Such statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. Therefore, we can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by the Company or any person that the future events, plans, or expectations contemplated by the Company will be achieved.
The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) competitive pressures among depository and other financial institutions may increase significantly and have an effect on pricing, spending, third-party relationships and revenues; (2) the strength of the United States economy in general and the strength of the local economies in which we conduct operations may be different than expected resulting in, among other things, a deterioration in the credit quality or a reduced demand for credit, including the resultant effect on the Company's loan portfolio and allowance for loan losses; (3) the rate of delinquencies and amounts of charge-offs, the level of allowance for loan loss, the rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result in increased credit risk-related losses and expenses; (4) the risk that the preliminary financial information reported herein and our current preliminary analysis will be different when our review is finalized; (5) changes in the U.S. legal and regulatory framework including, but not limited to, the Dodd-Frank Act and regulations adopted thereunder; (6) adverse conditions in the stock market, the public debt market and other capital markets (including changes in interest rate conditions) could have a negative impact on the Company, including the value of its MSR asset; (7) the business related to acquisitions may not be integrated successfully or such integration may take longer to accomplish than expected; (8) the expected cost savings and any revenue synergies from acquisitions may not be fully realized within expected timeframes; and (9) disruption from acquisitions may make it more difficult to maintain relationships with clients, associates or suppliers. Moreover, a trade war or other governmental action related to tariffs or international trade agreements or policies, as well as Covid-19 or other potential epidemics or pandemics, have the potential to negatively impact ours and/or our customers' costs, demand for our customers' products, and/or the U.S. economy or certain sectors thereof and, thus, adversely affect our business, financial condition, and results of operations. All subsequent written and oral forward-looking statements concerning the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. We do not undertake any obligation to update any forward-looking statement to reflect circumstances or events that occur after the date the forward-looking statements are made.
For Immediate ReleaseContact: Robert Haile SEVP & Chief Financial Officer (843) 656-5000 rhaile@firstreliance.com
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wcjb.com/prnewswire/2022/07/29/first-reliance-bancshares-reports-second-quarter-2022-results/ | 2022-07-29T14:05:10Z | https://www.wcjb.com/prnewswire/2022/07/29/first-reliance-bancshares-reports-second-quarter-2022-results/ | false |
FAIRFAX, Va., July 29, 2022 /PRNewswire/ -- Freedom Financial Holdings (OTCQX: FDVA), (the "Company" or "Freedom"), the holding company for The Freedom Bank of Virginia (the "Bank") today announced net income of $2,227,385 or $0.30 per diluted share, for the three months ended June 30, 2022. This compares to net income of $2,784,296 or $0.38 per diluted share, for the linked quarter and net income of $2,626,381 or $0.36 per diluted share for the three months ending June 30, 2021.
Joseph J. Thomas, President, and CEO, commented, "We experienced the full impact of cyclical changes in the economy in the second quarter of 2022 as fee-based revenue fell meaningfully, but the decline was largely offset by very strong core income from loan growth and net interest margin expansion. As interest rates increased, the residential real estate market began to cool, with mortgage banking revenues declining by $1.04 million or 51.29%. Likewise, as the federal government's Paycheck Protection Program ("PPP") wound down, the Bank's income from PPP loan forgiveness decreased by $364,438 or 244.42%, in the second quarter of 2022, compared to the same period in 2021. Our banking team was able to offset these expected declines in fee-based revenue with growth in net interest income (excluding the impact of PPP loans) of 18.24% in the second quarter of 2022 compared to the same period in 2021. This was driven by strong growth in loans held for investment (excluding PPP loans) of 28.72% annualized and 23.50% annualized growth in deposits, relative to the prior quarter. In response to the increase in interest rates, the Bank's net interest margin expanded by 27-basis points to 3.65% in the second quarter of 2022 compared to the same period in 2021. Consequently, our pre-tax, pre-provision net income declined by 11.5% to $3.24 million in the second quarter of 2022 compared to the same period in 2021. Notably, the allowance for loan losses at 1.13% (excluding PPP loans) and Tier 1 Capital Ratio at 13.84% puts us in a very strong position to manage through a potentially more challenging economic environment and continue to focus on proactively serving and innovatively growing with our clients."
Second Quarter 2022 Highlights include:
- Net income for the second quarter was $2,227,385 or $0.30 per diluted share compared to net income of $2,784,297 or $0.38 per diluted share in the linked quarter and net income of $2,626,381 or $0.36 per diluted share for the three months ending June 30, 2021.
- Return on Average Assets ("ROAA") was 1.01% for the quarter ended June 30, 2022, compared to 1.29% for the linked quarter and 1.24% for the three months ended June 30, 2021.
- Return on Average Equity ("ROAE") was 11.44% for the three months ended June 30, 2022, compared to 13.53% for the linked quarter and 13.65% for the three months ended June 30, 2021.
- Total assets were $895.52 million on June 30, 2022, an increase of $32.40 million or 3.75% from the end of the prior quarter and an increase of 2.15% from total assets on December 31, 2021.
- Loans held-for-investment (excluding PPP loans) increased by $41.60 million or 7.16% during the quarter.
- PPP loan balances decreased by $3.66 million during the second quarter on loan forgiveness and mortgage loans held for sale decreased by $4.49 million during the same period, on a decline in mortgage activity.
- Cash balances at the Federal Reserve decreased by $5.40 million during the second quarter.
- Available for sale investment securities increased by $1.28 million during the second quarter.
- Total deposits increased by $41.90 million or by 5.86% in the second quarter. Non-interest-bearing demand deposits increased by $8.04 million from the linked quarter to $216.21 million and represented 28.58% of total deposits on June 30, 2022.
- Excluding income from PPP loans, net interest income in the second quarter of 2022 increased by $1.68 million or by 29.17% compared to the same period in 2021. Excluding PPP loans, the net interest margin for the second quarter of 2022 was 3.62%, higher by 9 basis points compared to the prior quarter and was higher by 49 basis points compared to the same period in 2021. The net interest margin for the second quarter of 2022 was 3.65% if the income from PPP loans was included.
- The cost of funds was 0.45% for the second quarter, higher by 9 basis points compared to the linked quarter and higher by 3 basis points compared to the same period in 2021, as deposit and borrowing costs increased during the quarter.
- Non-interest income decreased by 8.84% compared to the linked quarter and decreased by 27.72% compared to the same period in 2021. The decrease in non-interest income compared to the linked quarter was primarily due to lower mortgage revenue and other fee income. The decrease in non-interest income compared to the calendar quarter was primarily due to lower mortgage revenue stemming from a slowdown in mortgage activity, partially offset by higher revenue from SBA loan sales and other fee income.
- Non-interest expense in the second quarter increased by 3.72% compared to the linked quarter and was higher by 6.09% compared to the same period in 2021. The increase in non-interest expense in linked quarters was primarily due to higher professional fees and an increase in data processing expenses. Higher expenses compared to the calendar quarter were primarily related to an increase in compensation costs in the second quarter of 2022.
- The Efficiency Ratio was 65.10% for the quarter ended June 30, 2022, compared to 61.70% for the linked quarter and 62.38% for the same period in 2021.
- Non-accrual loans were relatively unchanged in the second quarter from the prior period, and the ratio of non-performing assets to total assets was 0.97% on June 30, 2022, compared to 0.11% on June 30, 2021.
- As a result of an increase in loans held-for-investment during the quarter and an assessment of the risks in the held-for-investment loan portfolio, the Company recognized a $375,000 provision for loan losses during the second quarter and the ratio of the allowance for loan and lease losses ("ALLL") to loans held-for-investment was 1.11% (or 1.13% excluding PPP loans, which carry a full faith and credit guarantee of the US Government) compared to 1.12% in the linked quarter (or 1.15% excluding PPP loans);
- The Bank continues to be well capitalized and capital ratios continue to be strong with a Leverage ratio of 11.95%, Common Equity Tier 1 ratio of 13.84%, Tier 1 Risk Based Capital ratio of 13.84% and a Total Capital ratio of 14.77%.
Paycheck Protection Program ("PPP") Activity
For the first six months of 2022, 103 PPP loans with balances of $13.35 million were forgiven by the SBA, and the Company recognized $608,952 of income from acceleration of processing fees associated with these loans. This compares with 354 PPP loans with balances of $55.08 million forgiven by the SBA in the first six months of 2021 with $1.09 million of income from acceleration of processing fees.
Net Interest Income
The Company recorded net interest income of $7.61 million for the second quarter of 2022, relatively unchanged compared to the linked quarter, and 11.53% higher than the same period in 2021.
Income from PPP loans during the second quarter of 2022 was $166,582 (including $149,105 from forgiveness of $3.15 million of PPP loans), compared to PPP loan income of $504,177 (including $459,847 from forgiveness of $14.42 million of PPP loans) during the first quarter of 2022, and $1,061,442 (including $513,343 from forgiveness of $30.25 million of PPP loans) during the second quarter of 2021. Excluding income from PPP loans, net interest income in the second quarter of 2022 increased by $338,597 or 4.76%, and by $1.68 million or 29.17% compared to the same period in 2021.
The net interest margin in the second quarter of 2022 was 3.65%, lower by 3 basis points compared to the linked quarter and higher by 27 basis points compared to the same period in 2021. Excluding PPP loans, the net interest margin increased by 9 basis points compared to the prior quarter and was higher by 49 basis points compared to the same period in 2021.
The following factors contributed to the changes in net interest margin during the second quarter of 2022 compared to the linked quarter:
- Yields on average earning assets increased by 7 basis points to 4.08% compared to 4.01% in the linked quarter, driven by higher yields on investments and deposits at the Federal Reserve, offset partially by lower yields on loans during the quarter.
- Loan yields decreased by 8 basis points to 4.67% from 4.75% in the linked quarter, while yields on investment securities increased by 33 basis points to 2.78% from 2.45% in the linked quarter. Excluding PPP loans, loan yields would have increased by 5 bp from the prior quarter.
- Cost of funds increased by 9 basis points to 0.45%, from 0.36% in the linked quarter, on higher deposit and borrowing costs.
- Excluding the impact of PPP loans from the second and prior quarter, the net interest margin increased by 9 basis points across linked quarters.
The following factors contributed to the changes in net interest margin during the second quarter of 2022 compared to the calendar quarter:
- Yields on average earning assets increased by 30 basis points to 4.08% compared to 3.78% in the calendar quarter, driven by higher yields on loans, investments, and deposits at the Federal Reserve.
- Loan yields increased by 19 basis points to 4.67% from 4.48% in the calendar quarter, while yields on investment securities increased by 56 basis points to 2.78% from 2.22% in the calendar quarter.
- Cost of funds increased by 3 basis points to 0.45%, from 0.42% in the calendar quarter, on higher deposit and borrowing costs.
- Excluding the impact of PPP loans from the second and calendar quarter, the net interest margin increased by 49 basis points across quarters.
Non-interest Income
Non-interest income was $1.66 million for the second quarter, lower by 8.84% compared to the linked quarter and lower by 27.72% compared to the same period in 2021. The lower non-interest income across linked quarters was primarily due to a decline in mortgage revenue and lower fee income from other sources, while the decline in non-interest income compared to the calendar quarter was largely due to lower mortgage gain-on-sale and fee revenue, stemming from a decline in mortgage activity, partially offset by higher SBA income and fee income from other sources.
Total Revenue
Total revenue, defined as the sum of net interest income, before provision for loan losses, and non-interest income, was lower by 1.69% compared to the linked quarter, primarily due to lower non-interest income, and higher by 1.66% compared to the same period in 2021, primarily due to net margin expansion and loan growth.
Non-interest Expenses
Non-interest expenses in the second quarter of 2022 were higher by 3.72% compared to the linked quarter and increased by 6.09% compared to the same period in 2021. The increase in non-interest expenses in the second quarter compared to the prior quarter was largely due to higher professional fees and an increase in data processing expenses. Higher expenses compared to the calendar quarter were largely due to an increase in compensation costs in the second quarter of 2022.
The Efficiency Ratio was 65.10% for the quarter ended June 30, 2022, compared to 61.70% for the prior quarter and 62.38% for the same period in 2021.
Asset Quality
Non-accrual loans were $8,712,326 or 1.38% of loans held-for-investment as of June 30, 2022, compared to $8,770,552 or 1.48% of loans held-for-investment at the end of the linked quarter. There were no troubled debt restructurings ("TDRs") as June 30, 2022. On June 30, 2022, there were no loans that were 90 days or more past due and accruing. There was no Other Real Estate Owned ("OREO") on the balance sheet as of June 30, 2022. Total non-performing assets (defined as the sum of loans on non-accrual, loans greater than 90 days past due and accruing, loans that are TDRs but not on non-accrual, and OREO assets) were $8,712,326 or 0.97% of total assets on June 30, 2022, compared to $8,770,552 or 1.02% of assets, at the end of the linked quarter.
Following an assessment of the collectability of the loans held-for-investment at the end of the second quarter, it was determined that a $375,000 provision for loan losses was necessary to account for loan growth and changes to environmental factors. The Company booked a provision of $191,000 in the first quarter of 2022. The Company's ALLL ratio was 1.11% of loans held-for-investment (or 1.13% of loans held-for investment excluding PPP loans) as of June 30, 2022, compared to an ALLL ratio of 1.12% on March 31, 2022 (or 1.15% of loans held-for-investment excluding PPP loans).
Total Assets
Total assets on June 30, 2022, were $895.52 million compared to $863.12 million on March 31, 2022. Changes in major asset categories during linked quarters were as follows:
- Cash balances at the Federal Reserve decreased by $5.40 million
- Available for sale investment balances increased by $1.28 million
- PPP loan balances decreased by $3.66 million on loan forgiveness by the SBA
- Other loans held-for investment grew by $41.60 million
- Mortgage loans held-for-sale declined by $4.49 million
Total Liabilities
Total liabilities on June 30, 2022, were $820.05 million compared to total liabilities of $783.33 million on March 31, 2022. Total deposits were $756.58 million compared to total deposits of $714.69 million on March 31, 2022. Non-interest-bearing demand deposits increased by $8.04 million during the quarter and comprised 28.58% of total deposits at the end of the quarter, compared to 31.66% of total deposits on December 31, 2021. Other interest-bearing demand deposits increased by $9.02 million, savings deposits decreased by $730,576 and time deposits increased by $25.56 million during the quarter. Federal Home Loan Bank advances decreased by $10.75 million during the quarter, while Federal Reserve borrowings increased by $6.28 million.
Stockholders' Equity and Capital
Stockholders' equity on June 30, 2022, was $75.47 million compared to $79.79 million on March 31, 2022. Additional paid-in capital was $58.82 million on June 30, 2022, compared to $58.66 million on March 31, 2022. Accumulated Other Comprehensive Income ("AOCI"), which generally comprises unrealized gains and losses on available-for-sale securities and derivative positions, decreased by $6.71 million on net unrealized losses during the second quarter of 2022. Retained earnings were $28.56 million on June 30, 2022, compared to $26.33 million at the end of the prior quarter. Total shares issued and outstanding were 7,319,006 on June 30, 2022, compared to 7,286,915 shares on March 31, 2022. The tangible book value of the Company's common stock on June 30, 2022, was $10.29 per share compared to $10.95 per share on March 31, 2022, and $10.81 per share on June 30, 2021.
As of June 30, 2022, the Bank's capital ratios were well above regulatory minimum capital ratios for well-capitalized bank holding companies. The Bank's capital ratios on June 30, 2022, and March 31, 2022, were as follows:
About Freedom Financial Holdings, Inc.
Freedom Financial Holdings, Inc. is the holding company of The Freedom Bank of Virginia, a community bank with locations in Fairfax, Reston, Chantilly, Vienna, and Manassas, Virginia. The Freedom Bank of Virginia also has a mortgage division headquartered in Chantilly. For information about deposit, loan and other services, visit the website at www.freedom.bank.
Forward Looking Statements
This release contains forward-looking statements, including our expectations with respect to future events that are subject to various risks and uncertainties. Factors that could cause actual results to differ materially from management's projections, forecasts, estimates, and expectations include: fluctuation in market rates of interest and loan and deposit pricing; general economic and financial market conditions, in the United States generally and particularly in the markets in which the Company operates and which its loans are concentrated, including the effects of declines in real estate values, increases in unemployment levels, inflation, recessions and slowdowns in economic growth, including as a result of COVID-19 and the impact of the geopolitical conflict between Russia and Ukraine; maintenance and development of well-established and valued client relationships and referral source relationships; the adequacy or inadequacy of our allowance for loan and lease losses; acquisition or loss of key production personnel; and the potential adverse effects of unusual and infrequently occurring events, such as weather-related disasters, wars, terrorist acts or public health events (such as COVID-19), and of governmental and societal responses thereto; these potential adverse effects may include, without limitation, adverse effects on the ability of the Company's borrowers to satisfy their obligations to the Company, on the value of collateral securing loans, on the demand for the Company's loans or its other products and services, on incidents of cyberattack and fraud, on the Company's liquidity or capital positions, on risks posed by reliance on third-party service providers, on other aspects of the Company's business operations and on financial markets and economic growth. The Company cautions readers that the list of factors above is not exclusive. The forward-looking statements are made as of the date of this release, and the Company may not undertake steps to update the forward-looking statements to reflect the impact of any circumstances or events that arise after the date the forward-looking statements are made. In addition, our past results of operations are not necessarily indicative of future performance. Some of the financial tables in this document reflect classifications to accounts to improve consistency in financial reporting.
Contact:
Joseph J. Thomas
President & Chief Executive Officer
703-667-4161: Phone
jthomas@freedom.bank: Email
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ALIQUIPPA, Pa. (WKBN) – A Pennsylvania State Police (PSP) trooper was shot after responding to a disturbance call just after 12 a.m. Friday in Beaver County.
According to the Associated Press, the suspect in the shooting is Damian Bradford, who was convicted in 2006 in murder for hire of Dr. Gulam H. Moonda of Hermitage.
In a PSP press release, Troop D revealed that an unnamed officer was shot in the leg at the Franklin Mini-Mart on Franklin Avenue in Aliquippa.
In the store, two troopers responding to a disturbance call found an armed man who shot at them. The troopers were able to take that man into custody.
The injury was reportedly not life-threatening and the trooper is being treated at a Pittsburgh hospital. The other trooper is being looked at for minor injuries.
PSP spoke at a press conference Friday morning but gave no new information on the case. | https://www.binghamtonhomepage.com/pennsylvania-news/psp-trooper-shot-at-disturbance-call-overnight/ | 2022-07-29T14:06:05Z | https://www.binghamtonhomepage.com/pennsylvania-news/psp-trooper-shot-at-disturbance-call-overnight/ | false |
After months of deadlock, Senate Democrats are pushing ahead with some of President Biden's top legislative issues. NPR's A Martinez talks to Rep. Pramila Jayapal of Washington about the progress.
Copyright 2022 NPR
After months of deadlock, Senate Democrats are pushing ahead with some of President Biden's top legislative issues. NPR's A Martinez talks to Rep. Pramila Jayapal of Washington about the progress.
Copyright 2022 NPR | https://www.knau.org/2022-07-29/a-deal-on-climate-taxes-and-other-issues-is-a-big-step-forward-rep-jayapal-says | 2022-07-29T14:08:07Z | https://www.knau.org/2022-07-29/a-deal-on-climate-taxes-and-other-issues-is-a-big-step-forward-rep-jayapal-says | true |
Represents the first in Lille, France to Bring the Benefits of Precision Radiation Therapy to the Hauts de France Region
CLEVELAND, July 29, 2022 /PRNewswire/ -- ViewRay, Inc. (NASDAQ: VRAY) today announced that Centre Oscar Lambret has selected a MRIdian MRI-Guided Radiation Therapy System. The center will be the first in Lille, France to offer advanced MRI-guided radiation therapy technology in the Hauts de France region.
Centre Oscar Lambret is exclusively dedicated to cancer treatment and research. The center has three main missions: care, research, and teaching. Its goal is to fast-track innovations in oncology for all patients in the Hauts-de-France region. Access to quality care is a priority for the Centre Oscar Lambret. The program currently has 151 clinical studies ongoing, and each year the radiation therapy department treats approximately 3,500 patients. Centre Oscar Lambret expects to begin treating patients early in 2024.
"We are pleased to welcome Centre Oscar Lambret to the MRIdian global community. With MRIdian, Centre Oscar Lambret will offer personalized treatment to a broader population of cancer patients." said Martin Fuss, M.D., Chief Medical Officer at ViewRay. "Through the use of MRI-guidance, on-table adaptive replanning capabilities, and the ability to control the radiation beam based on real-time MR-imaging during treatment, Centre Oscar Lambret will improve the accuracy with which they deliver radiation treatments. Patients will benefit from higher radiation doses delivered in fewer treatment sessions, even if they may have tumors that are today considered virtually untreatable."
The MRIdian system provides oncologists outstanding anatomical visualization through diagnostic-quality MR images and the ability to adapt a radiation therapy plan to the targeted cancer with the patient on the table. This combination allows physicians to define tight treatment margins to avoid unnecessary radiation exposure of vulnerable organs-at-risk and healthy tissue and allows the delivery of ablative radiation doses in five or fewer treatment sessions, without relying on implanted markers. By providing real-time continuous tracking of the target and organs-at-risk, MRIdian enables automatic gating of the radiation beam if the target moves outside the user-defined margins. This allows for delivery of the prescribed dose to the target, while sparing surrounding healthy tissue and critical structures, which results in minimizing toxicities typically associated with conventional radiation therapy.
Over 24,000 patients have been treated with MRIdian. Currently, 53 MRIdian systems are installed at hospitals around the world where they are used to treat a wide variety of solid tumors and are the focus of numerous ongoing research efforts. MRIdian has been the subject of hundreds of peer-reviewed publications, scientific meeting abstracts, and presentations. For a list of treatment centers, please visit: https://viewray.com/find-mridian-mri-guided-radiation-therapy/
Nothing in this material is intended to provide specific medical advice or to take the place of written law or regulations.
The MRIdian Linac System is not appropriate for all patients, including those who are not candidates for magnetic resonance imaging. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. The most frequent ones are typically temporary and may include, but are not limited to, irritation to the respiratory, digestive, urinary or reproductive systems; fatigue; nausea; skin irritation; and hair loss. In some patients, side effects can be severe. Treatment sessions may vary in complexity and duration. Radiation treatment is not appropriate for all cancers. You should discuss the potential for side effects and their severity as well as the benefits of radiation and magnetic resonance imaging with your doctor to make sure radiation treatment is right for you.
ViewRay, Inc. (NASDAQ: VRAY), designs, manufactures, and markets the MRIdian® MRI-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian's high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.
This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, ViewRay's financial guidance for the full year 2022, anticipated future orders, anticipated future operating and financial performance, treatment results, therapy adoption, innovation, and the performance of the MRIdian systems. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize the MRIdian Linac System, demand for ViewRay's products, the ability to convert backlog into revenue, the timing of delivery of ViewRay's products, the timing, length, and severity of the COVID-19 pandemic, including its impacts across our businesses on demand, our operations and global supply chains, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay's business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay's business in general, see ViewRay's current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and its Quarterly Reports on Form 10-Q, as updated periodically with the Company's other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
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SOURCE ViewRay, Inc. | https://www.wflx.com/prnewswire/2022/07/29/centre-oscar-lambret-selects-viewrays-mridian-mri-guided-radiation-therapy-system/ | 2022-07-29T14:08:54Z | https://www.wflx.com/prnewswire/2022/07/29/centre-oscar-lambret-selects-viewrays-mridian-mri-guided-radiation-therapy-system/ | true |
Revenue crunch, staff shortage hit Mysuru KSRTC’s expansion plans
July 29, 2022 18:21 ISTThe urban and rural divisions of the State Transport Corporation were merged post-pandemic but revenue is yet to reach pre-COVID-19 level despite lifting of all curbs
Revenue crunch, and the shortage of drivers and conductors have hit the expansion of KSRTC operations in Mysuru even as this year’s ‘most-active’ monsoon affected the returns from the inter-city and inter-city services.
After the merger of the urban and rural divisions of the KSRTC in Mysuru, efforts are on for improving the amalgamated division’s performance with the division earning a sum of ₹1.13 crore a day almost on a daily basis since last two months. However, the returns don’t match the revenue earned before COVID-19.
The KSRTC authorities argue that the revenue is usually less in ‘Ashada’ season with no events like marriages happening. In ‘Shravana’ season too, the revenue is by and large less and the passenger load picks up only ahead of the Gowri-Ganesha festival and goes on till Dasara season.
Nevertheless, the division is yet to reach the revenue of pre-COVID-19 days which was over ₹2 crore a day. The AC bus services are largely hit – both on inter-city and inter-state routes. The movement of passengers, barring the Bengaluru stretch, is not very encouraging on the AC bus services such as Airavatha and Ambari.
“The recent rains, floods and landslips in some parts of the State, especially in coastal Karnataka, hit the services with the people putting off their travel plans. The torrential rains led to cancellation of bookings. The operations have resumed on all inter-state routes post-pandemic but we are unable to see the kind of response that we used to see before the pandemic,” said Divisional Controller Ashok Kumar.
He told The Hindu that as many as 450 trips are being operated to Bengaluru from Mysuru now and this includes the AC buses. The operations on the Bengaluru route have almost touched pre-COVID-19 frequency since 500 trips were made on the Bengaluru stretch before the pandemic. The passenger load on this stretch is also encouraging.
The services on nearly 100 schedules on the intra-city routes in Mysuru city have been suspended owing to shortage of drivers and conductors.
“We are facing a shortage of nearly 200 drivers and conductors. There are buses but no staff to operate them. With the current situation remaining unachievable for appointments, we are looking forward to the steps taken by the government in the days ahead,” he said.
Mr Kumar, however, said the cancellation of operations on certain routes is based on lack of patronage but minimal operations have continued on requests for the benefit of school and college students despite the routes remaining economically unviable.
The divisional controller said there were plans to rope in recently-retired drivers running the buses but none responded and the idea did not make headway. “There is no provision for outsourcing of the staff in KSRTC,” Mr Kumar clarified, and added that there are no plans to expand the fleet and add new services in view of the current financial situation and staff shortage. | https://www.thehindu.com/news/national/karnataka/revenue-crunch-staff-shortage-hit-mysuru-ksrtcs-expansion-plans/article65698203.ece/amp/ | 2022-07-29T14:08:56Z | https://www.thehindu.com/news/national/karnataka/revenue-crunch-staff-shortage-hit-mysuru-ksrtcs-expansion-plans/article65698203.ece/amp/ | false |
For decades, Rosanne Cash has soared through the ranks of music with her powerhouse poetic skills and wistful reflections on her past. This hour, we explore Rosanne's life and legacy through her music.
About Rosanne Cash
Rosanne Cash is a singer, songwriter and author. She is also the daughter of the legendary musician Johnny Cash. She has released 15 albums, won four Grammys and earned 12 additional Grammy nominations.
Cash's first album, "Right or Wrong," was released in 1979. Her most recent album, which she released in 2018, is called "She Remembers Everything." She also tours regularly, and has previously partnered with Carnegie Hall, Lincoln Center, SFJAZZ, the Minnesota Orchestra and the Library of Congress.
Cash has authored four books, including her best-selling memoir Composed and her most recent book, Bird on a Blade. Her writing has appeared in many publications, including the New York Times, Rolling Stone, Oxford American, The Nation, and more.
In 2021, Cash received the Edward MacDowell Medal, awarded to an artist who has made an outstanding contribution to American culture. She was the first woman composer to ever receive this award.
Cash is currently Artist-in-Residence at New York University.
This episode of the TED Radio Hour was produced by Rommel Wood and Rachel Faulkner and edited by Katie Simon and Manoush Zomorodi. You can follow us on Twitter @TEDRadioHour and email us at TEDRadio@npr.org.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wdiy.org/2022-07-29/rosanne-cash-reflects-on-her-life-and-legacy | 2022-07-29T14:09:02Z | https://www.wdiy.org/2022-07-29/rosanne-cash-reflects-on-her-life-and-legacy | false |
CINCINNATI, July 29, 2022 /PRNewswire/ -- Meridian Bioscience, Inc. (NASDAQ: VIVO), a leading global provider of diagnostic testing solutions and life science raw materials, announced that it received re-authorization of its Emergency Use Authorization (EUA) for the Revogene® SARS-COV-2 molecular assay from the U.S. Food and Drug Administration (FDA). Meridian expects to begin shipping this product before the end of its fiscal fourth quarter, ending September 30, 2022.
On November 10, 2021, Meridian announced the Revogene® SARS-CoV-2 assay was granted authorization by the FDA. Subsequent to that, it was determined that the original design of the assay would not detect the Omicron variant and Meridian delayed marketing the assay to modify its design to correct for the detection of the variant. In March, Meridian completed the development work and submitted an initial set of data to the FDA to validate the performance of this revised assay. Over the last few months in consultation with the FDA, Meridian completed additional clinical studies and the FDA has now re-authorized the EUA.
The Revogene® SARS-CoV-2 assay is a molecular diagnostic test for the qualitative detection of the SARS-CoV-2 virus from nasopharyngeal, oropharyngeal, anterior nasal, and mid-turbinate nasal swab specimens and provides impressive clinical performance with a positive predictive agreement (PPA) of 97.7% and a negative predicative agreement (NPA) of 97.7%.
The Revogene® SARS-CoV-2 assay can help laboratories and healthcare systems improve their COVID-19 testing capacity and enable healthcare providers to quickly deliver the appropriate care and guide infection control measures for patients. The flexible Revogene® molecular testing platform can easily integrate into any laboratory or health system. Additional FDA-approved tests on the Revogene platform include Revogene® C. difficile, Revogene® Strep A, Revogene® GBS LB, and Revogene® Carba C.
"There continues to be demand for fast, accurate detection of COVID-19 especially considering the high transmissibility of these new variants and the upcoming respiratory season," said Tony Serafini-Lamanna, Executive Vice President - Diagnostics for Meridian Bioscience. "We believe our Revogene® SARS-CoV-2 assay and growing Revogene® platform can help clinicians and health systems meet these demands now and in the future."
To learn more about the Revogene® SARS-CoV-2 assay, please visit https://www.meridianbioscience.com/revogene-sars-cov-2/. For sales inquiries, please contact Meridian Bioscience at 1-888-763-6769 or sales@meridianbioscience.com.
This product has not been FDA cleared or approved but has been authorized for emergency use by FDA under an EUA for use by authorized laboratories. This product has been authorized only for the detection of nucleic acid from SARS-CoV-2, not for any other viruses or pathogens. The emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. § 360bbb-3 (b)(1), unless the declaration is terminated, or authorization is revoked sooner.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements accompanied by meaningful cautionary statements. Except for historical information, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which may be identified by words such as "continues", "estimates", "anticipates", "projects", "plans", "seeks", "may", "will", "expects", "intends", "believes", "signals", "should", "can", "guidance" and similar expressions or the negative versions thereof and which also may be identified by their context. All statements that address operating performance or events or developments that Meridian Bioscience, Inc. ("Meridian" or "the Company") expects or anticipates will occur in the future are forward-looking statements. Such statements, whether expressed or implied, are based upon current expectations of the Company and speak only as of the date made. Specifically, Meridian's forward-looking statements are, and will be, based on management's then-current views and assumptions regarding future events and operating performance. Meridian assumes no obligation to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially, including, without limitation, factors identified from time to time in the Company's filings with the Securities and Exchange Commission, including in Part I, Item 1A Risk Factors of the Company's most recent Annual Report on Form 10-K, which contains a list and description of uncertainties, risks and other matters that may affect the Company. Readers should carefully review these forward-looking statements and risk factors, and not place undue reliance on the Company's forward-looking statements.
About Meridian Bioscience, Inc.
Meridian is a fully integrated life science company that develops, manufactures, markets, and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy, and simplicity that are redefining the possibilities of life from discovery to diagnosis. Through discovery and development, we provide critical life science raw materials used in immunological and molecular tests for human, animal, plant, and environmental applications. Through diagnosis, we provide diagnostic solutions in areas including gastrointestinal and upper respiratory infections and blood lead level testing. We build relationships and provide solutions to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers, and biotech companies in more than 70 countries around the world.
Meridian's shares are traded on the NASDAQ Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.
Contact:
Charlie Wood
Vice President – Investor Relations
Meridian Bioscience, Inc.
Phone: +1 513.271.3700
Email: mbi@meridianbioscience.com
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MEDIA ADVISORY - RIBBON-CUTTING AT BETRIVERS SPORTSBOOK AT BINGO WORLD
Published: Jul. 29, 2022 at 8:00 AM CDT|Updated: 1 hour ago
BALTIMORE, July 29, 2022 /PRNewswire/ --
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SOURCE BetRivers
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.valleynewslive.com/prnewswire/2022/07/29/media-advisory-ribbon-cutting-betrivers-sportsbook-bingo-world/ | 2022-07-29T14:10:54Z | https://www.valleynewslive.com/prnewswire/2022/07/29/media-advisory-ribbon-cutting-betrivers-sportsbook-bingo-world/ | true |
BERKELEY, Calif. (AP) — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession.
While grappling with manufacturing headaches and inflation pressures that have vexed a wide range of businesses, Apple saw its profit for the April-June period decline by 10% while revenue edged up 2%. Both figures were better than analysts projected.
The results announced Thursday for Apple’s fiscal third quarter weren’t a shock. That’s because Apple had already warned that its revenue would be depressed by as much as $8 billion because of supply chain problems that have been compounded by pandemic-related shutdowns in Chinese factories that make iPhones and other Apple products.
That scenario played out as expected in Apple’s fiscal third quarter. Earnings fell to $19.4 billion, or $1.20 per share, while revenue edged up to nearly $83 billion.
The positive surprise helped boost Apple’s stock price by 3% in extended trading after the numbers came out.
“The quarter shows that amid all this volatility in tech, Apple remains a fortress,” said Edward Jones analyst Logan Purk.
As usual, Apple’s results were propelled by the iPhone, which posted a 3% gain in sales from the same time last year. Analysts had been bracing investors for a slight decline because of supply chain issues and the upcoming release of a new model this fall. It marked the seventh consecutive quarter that iPhone sales have increased.
The ongoing demand for iPhones underscores the enduring appeal of a device that has helped has established Apple as the world’s most powerful tech company during the past 15 years. The device’s sales climbed, despite inflation hovering at its highest rate i n more than 40 years, a development that caused consumers to rein in their spending on a variety of discretionary items such as clothing and other home goods that enjoyed an uptick in demand during the pandemic.
The troubles emerging in corporate earnings reports over the past two weeks — combined with other sobering data — have heightened worries that the Federal Reserve Bank’s inflation-fighting increase in interest rates will shove the economy into a recession. That would weigh on corporate profits and already drooping stock prices.
Apple CEO Tim Cook acknowledged that the Cupertino, California, company isn’t immune to the current economic turbulence squeezing consumer budgets, but maintained a mostly upbeat tone during a Thursday conference call.
“When you think about the number of challenges in the quarter, we feel really good about the growth that we put up,” Cook said.
So far, Cook said, inflation seems to be affecting Apple’s sales of wearable technology — a segment that includes the Apple Watch — more than those of the iPhone. In the past quarter, revenue in Apple’s wearables division fell 8% to $8.1 billion.
On the upside, Apple expects supply-chain issues to ease during the current July-September quarter. If history is any guide, the release of its next iPhone model later this year could spur another flurry of upgrades. Apple expects its year-over-year revenue growth in the current quarter to exceed the past quarter’s 2% uptick, according to Luca Maestri, Apple’s chief financial officer.
Tech stocks have been particularly hard hit by market jitters. The Nasdaq composite index, which is tethered to the tech industry’s fortunes, has fallen by 22% so far this year. Apple had held up far better than most of its tech peers, with its stock price declining 11% this year before Thursday’s rally in extended trading.. | https://www.krqe.com/news/business/apples-3q-profit-slips-but-results-top-analyst-projections/ | 2022-07-29T14:12:14Z | https://www.krqe.com/news/business/apples-3q-profit-slips-but-results-top-analyst-projections/ | true |
WASHINGTON (AP) — President Joe Biden and his administration went all out Thursday to play down a troubling new economic report that added to the evidence of a recession, trying to pull focus instead to major legislative progress on measures to tame inflation, reduce debt and preserve America’s competitive edge.
The desire to accentuate the positive reflected the political tensions that are already playing out in the runup to the midterm elections. Republican lawmakers are sounding the alarm that a downturn has already started, a claim challenged by Biden and his fellow Democrats who wanted the public to instead focus on a pair of likely wins in Congress.
Thursday reflected the constant push-and-pull that has defined the Biden administration, in which any triumph can be overshadowed by a setback and the news cycle moves at a faster pace than victory laps. This created dueling narratives about where the country is.
Republicans said the report showing the economy shrank for the second consecutive quarter was evidence of a “Biden recession” at a time when inflation is at a four-decade high.
Biden, in turn, cited near-record-low unemployment and signs of continued business investment in the economy. He declared, “That doesn’t sound like recession to me.”
The president celebrated congressional passage of a $280 billion bipartisan package to boost the U.S. semiconductor industry and the sudden resurrection of a Democrats-only proposal to lower prescription drug costs, tackle climate change, fund the IRS, establish a minimum corporate tax and cut the deficit.
Other White House officials took Biden’s cue and shrugged off the gross domestic product report showing the economy shrank at an annual rate of 0.9%.
“Where we are right now is we’re on the cusp of doing really historic things that would help move the ball forward on the economy,” Brian Deese, director of the White House National Economic Council, told The Associated Press when asked about the troubling GDP report. “That’s our focus.”
In a rare press conference, Treasury Secretary Janet Yellen allowed that Americans are fundamentally concerned about inflation, not the back-and-forth between Democrats and Republicans about whether the GDP report shows that the economy has slid into a recession.
“We should avoid a semantic battle,” Yellen told reporters, adding that Americans’ “biggest concern is with inflation” and that they generally feel good about their ability to find a job and stay employed.
Still, the treasury secretary deployed some rhetoric of her own by saying that growth was “slowing,” when the GDP report showed that the economy has shrunk in size over the past six months.
The ultimate arbiter of whether the country is in a recession is the National Bureau of Economic Research, which might not make its determination for some time.
Yellen portrayed the slowdown as positive for an economy returning to normal after the pandemic, a contrast to the Republicans’ argument that it was an unabashed failure caused by Democratic policies rather than a world’s complicated attempt to re-emerge from the coronavirus pandemic.
This debate trickled down to the semiconductor bill now awaiting Biden’s signature and new climate and drug pricing legislation that Democrats have dubbed the “Inflation Reduction Act of 2022.” The administration says both bills would combat inflation, while Republican opponents argue they will push prices higher.
“This morning the government announced what every American has been feeling for nearly a year — we are in a recession,” House Republican Minority Leader Kevin McCarthy said in a floor speech. “Democrat spending caused this inflation. And now, they are doubling down on the same failed strategy.”
Other Republicans moved quickly to capitalize on the report, with the Republican National Committee declaring it indicative of “Biden’s Recession.”
Even the White House acknowledges that the legislative proposals won’t have an immediate effect on consumer prices or economic output, but it believes voters will reward Biden and Democrats for being seen as proposing solutions to the challenges affecting households’ bottom lines.
Biden told The Associated Press in an interview earlier this year that he sees his mission as giving Americans a renewed sense of confidence, yet the faith he seeks to keep and spread is constantly getting eroded because the losses are lingering in people’s memories and the wins are easily forgotten.
Even if a U.S. recession is an open question for economists, the matter of the economy’s health is largely settled among voters.
Nearly 8 in 10 Americans described the U.S. economy as poor and roughly 7 in 10 disapproved of Biden’s economic leadership, according to a June survey by AP-NORC Center for Public Affairs Research. Consumer sentiment as measured by the University of Michigan began to decline as inflation persisted as a threat, with confidence among Democrats relatively weak.
The Federal Reserve, which on Wednesday moved sharply to raise interest rates to further slow the economy in an effort to bring down inflation, signaled that more hikes are on the horizon in a sign that the battle against inflation — and the political skirmishes that follow — could continue well into this year’s November elections. | https://www.krqe.com/news/business/biden-shrugs-off-recession-talk-talks-up-fighting-inflation/ | 2022-07-29T14:12:28Z | https://www.krqe.com/news/business/biden-shrugs-off-recession-talk-talks-up-fighting-inflation/ | true |
- The House passed bipartisan legislation to boost U.S. competitiveness with China by allocating billions of dollars toward domestic semiconductor manufacturing and science research.
- The bill now heads to the White House for President Joe Biden to sign it into law.
- Republican leaders urged Congress to vote against the Chips and Science Act after Senate Democrats Chuck Schumer and Joe Manchin revealed that they have struck a deal on a sweeping reconciliation bill.
The House on Thursday passed bipartisan legislation to boost U.S. competitiveness with China by allocating billions of dollars toward domestic semiconductor manufacturing and science research.
The bill passed 243-187, with no Democrats voting against the bill. Twenty-four Republicans voted for the legislation, even after a last-minute push by GOP leaders to oppose it.
The bill, which passed the Senate on Wednesday, now heads to the White House for President Joe Biden to sign into law.
It is "is exactly what we need to be doing to grow our economy right now," Biden said in a statement after the vote. "I look forward to signing this bill into law."
Lawmakers pushed to quickly approve the package before they depart Washington, D.C., for the August recess. But the final vote came after years of wrangling on Capitol Hill, with the legislation taking numerous forms, and names, in both chambers of Congress.
The ultimate version, known as the Chips and Science Act, includes more than $52 billion for U.S. companies producing computer chips, as well as billions more in tax credits to encourage investment in chip manufacturing. It also provides tens of billions of dollars to fund scientific research, and to spur the innovation and development of other U.S. technologies.
Money Report
House Speaker Nancy Pelosi, D-Calif., called the bill "a major victory for American families and the American economy."
But House Republican Leader Kevin McCarthy, R-Calif., urged his colleagues to "reject this deeply flawed bill" and "start from scratch" in floor remarks before the vote.
The Senate passed the bill Wednesday in a 64-33 vote, drawing support from 17 Republicans. Among those yea votes was Senate Minority Leader Mitch McConnell, R-Ky., who previously warned that Republicans would not back the China competition bill if Democrats continued to pursue an unrelated reconciliation package.
Hours after Wednesday's bipartisan Senate vote, Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., revealed that they have struck a deal on a sweeping reconciliation bill.
"It's been a momentous 24 hours here in Congress, a legislative one-two punch that the American people rarely see," Schumer said in a post-vote victory lap Thursday afternoon.
Schumer and Manchin hope to pass their reconciliation package next week with just a simple majority in the Senate, which is evenly split between Republicans and Democrats with Vice President Kamala Harris casting any tiebreaking votes.
Shortly after that deal was announced, House Republican leaders urged their members to vote down the Chips and Science Act. They argued against giving multibillion-dollar subsidies to chipmakers at a time of historically high inflation, while also noting the timing of the Democrats' reconciliation deal.
"The partisan Democrat agenda has given us record inflation, and now they are poised to send our country into a crushing recession," the office of House Minority Whip Steve Scalise, R-La., said in a memo Wednesday night.
Republicans echoed that new stance during floor debates before the vote. Rep. Frank Lucas, the top Republican on the House Science Committee where many of the bill's provisions had first been hashed out, said he would regretfully vote against it because it has been "irrevocably" linked to the reconciliation plan.
That committee's chairman, Rep. Eddie Bernice Johnson, D-Texas, responded with a plea for all lawmakers to "put aside politics" and vote for the bipartisan bill.
Some Republicans who opposed the bill on its own merits said it lacked "guardrails" to prevent any of the funding from winding up in China's hands. Other critics have argued that the U.S. would have to spend many billions more to have a real chance at competing with the world's leading chipmakers.
But the bill's advocates say it is vital to America's economy and national security to build more chips, which are increasingly critical components in a vast array of products including consumer electronics, automobiles, health-care equipment and weapons systems.
The chips have been in short supply during the Covid-19 pandemic. Factory shutdowns at the beginning of the outbreak sidelined chip production in Asia while consumer demand for autos and upgraded home electronics that need the chips surged during the lockdowns. The U.S. share of global chip production also has fallen sharply in recent decades, while China and other nations have invested heavily in the industry.
The U.S. also makes few of the most advanced types of semiconductors, which are largely produced in Taiwan, the epicenter of rising political tensions with China.
Much modern warfare requires sophisticated semiconductors — each Javelin missile launching system contains hundreds, for instance — leading U.S. defense officials to worry about the nation's reliance on foreign producers for its chip supply.
Biden has also blamed the chip shortage for the sky-high inflation that has dogged his presidency. A lack of chips available for new-car manufacturing has been linked to soaring prices for used cars, which are pushing inflation higher.
"America invented the semiconductor. It's time to bring it home," Biden said this week. | https://www.nbcnewyork.com/news/business/money-report/house-passes-bill-to-boost-u-s-chip-production-and-china-competition-sending-it-to-biden/3799672/ | 2022-07-29T14:13:32Z | https://www.nbcnewyork.com/news/business/money-report/house-passes-bill-to-boost-u-s-chip-production-and-china-competition-sending-it-to-biden/3799672/ | true |
JoJo Siwa is giving more insight to her initial interaction with Candace Cameron Bure.
Over the weekend, the Dance Moms alum shared a TikTok in which she flashed photos of celebs corresponding to different categories, including nicest celebrity and her celebrity crush. And for the title of "rudest celebrity," JoJo quickly flashed a photo of the Fuller House actress. Since then, Candace has shared that she and JoJo "had a great conversation" afterwards, during which she apologized to the Nickelodeon star.
Now, JoJo is speaking out about their chat, alleging that Candace "didn't share all the details of the meeting," but acknowledged they had a one-on-one conversation following the 19-year-old's TikTok. "We did speak on the phone," she said in footage obtained by Page Six July 28. "She shared that in her [Instagram video]."
Of the initial incident—in which JoJo recalled being a "big, big fan" asking to take a picture on a with her during an event years ago—she clarified, "It was at the afterparty that she didn't wanna take a picture with me, and I was OK with that. But then I turned around, and when I looked back, she was taking pictures with other kids."
As JoJo explained, that's what made her "really, really upset," adding that the experience was "one of those memories" that has always "stuck" with her.
"When you're little and somebody says something to you, and you just never forget it as long as you live," she added. "I think we've all had that moment and I feel like this was that moment for me."
However, despite the past, JoJo said that her recent discussion with the 46-year-old was "positive." The "Boomerang" singer explained, "We had about a 10-minute conversation, and it was sweet. She apologized, and we talked. It was cool. It was nice."
Shortly after JoJo's TikTok went viral, Candace shared that she reached out to her privately because she "no idea" about their interaction.
As Candace recalled of their follow-up phone call in a July 26 video, "She said, ‘You know, I met you at the Fuller House premiere and I was 11 years old. And we were all on the red carpet and I had come up to you and I said, ‘Can I have a picture with you?' and you said to me, ‘Not right now,' and then you proceeded to do what you were doing and take pictures with other people on the red carpet.'"
And although the pair patched things up, in her video, Candace also issued a public apology to JoJo. "I kind of broke your 11-year-old heart," she added. "I didn't take a picture with you. Ugh! I feel crummy, I feel—JoJo, I'm so sorry." | https://www.eonline.com/ca/news/1339967/jojo-siwa-explains-why-she-called-out-candace-cameron-bure?cmpid=rss-000000-rssfeed-365-topstories&utm_source=eonline&utm_medium=rssfeeds&utm_campaign=rss_topstories | 2022-07-29T14:13:55Z | https://www.eonline.com/ca/news/1339967/jojo-siwa-explains-why-she-called-out-candace-cameron-bure?cmpid=rss-000000-rssfeed-365-topstories&utm_source=eonline&utm_medium=rssfeeds&utm_campaign=rss_topstories | true |
Tonight’s Mega Millions drawing is expected to surge past $1.1 billion, making it the third-largest lottery jackpot in history. So how would you spend the money if you won?
I asked every candidate for governor that question, and most of them actually had some thoughts about it. Here’s what they had to say.
Democrats
Secretary of State Nellie Gorbea
She’s playing.
”If I hit the Mega Millions jackpot, I’d like to do something positive for Rhode Islanders. One thing that comes to mind is renovating or replacing the Budlong pool in Cranston to create a safe, healthy, accessible, and inclusive recreational swim facility – all while preserving the status of our small state having one of the largest outdoor pools in the country. I would create a foundation to support projects like these that help make a difference in people’s lives.”
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Helena Foulkes
Not playing.
A spokeswoman writes, “If she were to somehow win $800 million, she would give it to Rhode Island public schools to make much-needed building improvements.”
Governor Dan McKee
Not playing.
”I’m not planning to buy a ticket, so I can give another Rhode Islander a chance of winning.”
Luis Daniel Muñoz
Not playing.
”As a thought experiment, with more than $400 million, I’d dedicate the rest of my life giving it away to the next seven generations, and I’d certainly continue to fight for progressive political change.”
Matt Brown
Not playing.
Republicans
Ashley Kalus
She’s playing.
A spokeswoman writes, “If she wins, her biggest purchase will be a retirement home for Dan McKee.”
Jonathan Riccitelli
He’s playing.
”Two things: A venti cold brew from Starbucks and I’d donate $100 million to brain cancer research and/or expand the centers we have now.”
Independent Zachary Baker Hurwitz
He’s playing.
”If I was fortunate enough to win, I’d start a foundation with that money to help the less fortunate.”
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This story first appeared in Rhode Map, our free newsletter about Rhode Island that also contains information about local events, data about the coronavirus in the state, and more. If you’d like to receive it via e-mail Monday through Friday, you can sign up here.
Dan McGowan can be reached at dan.mcgowan@globe.com. Follow him on Twitter at @danmcgowan. | https://www.bostonglobe.com/2022/07/29/metro/how-candidates-ri-governor-would-spend-their-mega-millions-winnings/ | 2022-07-29T14:15:51Z | https://www.bostonglobe.com/2022/07/29/metro/how-candidates-ri-governor-would-spend-their-mega-millions-winnings/ | true |
Which Harry Potter games are best?
There’s undoubtedly a palpable camaraderie between two Harry Potter fans when they meet for the first time. Even today, it’s abundantly clear that the undying love fans have for Harry Potter hasn’t waned in recent years. Whether you’re a hardcore fanatic yourself or know a fellow Potterhead, there are plenty of ways that you can enjoy the Harry Potter universe beyond the books and movies.
In our muggle-based world, you’ll find a variety of Harry Potter themed games available from various retailers and specialty shops today. Regardless of which Potterverse game you choose to play, each one will allow players to relive their favorite moments from the books and films, while other games will immerse players in a virtual game of quidditch or scavenger hunt.
What to consider before buying a Harry Potter game
Puzzles
Jigsaw puzzles are known to be a great way to relax and relieve stress, making it easier for you to focus on tasks better. So why not expand your knowledge on the magical world of Harry Potter while having a bit of fun exercising your brain? Relive the wondrous magic of Hogwarts and Wizardry for the first time all over again as you piece together each one. Some puzzles can be built into a 3D design, whereas others can be assembled into an illustrative 2D image once completed.
Video games
Different video games will feature a variety of gameplay types that vary from free-roaming exploration and interchangeable perspectives like third and first person. Depending on which gaming system you’re playing on, different commands and cheat codes will work differently. RPG game experiences will greatly vary from action-level-based games. Mini-games are also another way for fans to walk through some of their favorite canonical moments that may have not been explicitly featured in the film and book respectively.
Board games
You’re bound to find a new addition to your family game night lineup when you take a look at the available Harry Potter themed board games. Players can easily explore the wizarding world through customized sets based on different iterations of childhood classics like Scrabble, Clue, Trivial Pursuit and Monopoly. Other themed board games will follow a structured narrative that players they can play along with as they collect clues.
Card games
Many Harry Potter themed playing cards will allow you to play as Harry Potter, Hermione Granger, Ron Weasley and Neville Longbottom as they defend Hogwarts against the wizarding world’s biggest villains. Based on game rules, dice rolls and number of players during a given round and tokens your game playing experience can vary from easy to difficult.
Playsets
Enchant any Harry Potter fan when you give them a magically fun building set that any series’ lover can use to recreate their favorite scene featuring their favorite characters. Different set backdrops can be switched out to change the location of the adorable mini figurines. Regardless of age, playsets are suitable for young witches and wizards of every kind that want to enjoy new Harry Potter adventures.
Kits
Fans of all ages can recreate and cast their very own spells and build custom wands with unique electronic kits that are programmable. Other kits come with different wizarding artifacts that can be combined together to create real-life potions, in-universe recipes and detailed special edition 3D models.
The best Harry Potter games
Top trivia game
Hasbro Gaming Trivial Pursuit: Wizarding World Harry Potter Edition
Based on plenty of your favorite Harry Potter moments, players can test their knowledge on the wizarding world by answering over 600 questions in this compact and portable card game. No board is required to play. Its wedge-shaped case is easy to carry around and allows players to play anywhere and explore topics that range from the dark arts, Hogwarts, spells and potions, magical tokens, wizardry, the muggle world and so much more.
Sold by Amazon
Top strategy game
Pressman Harry Potter Magical Beasts Game
Explore the secret rooms and corridors of Hogwarts castle as you compete with other players and collect clues that help find magical creatures. This unique swinging board game allows you to explore the wizard school inside and out, as you capture a variety of magical beasts, while users apply strategy and deductive reasoning to best other players. Be careful because as opponents move throughout Hogwarts grounds, they can find themselves in treacherous areas that may cost players their clues and precious time.
Sold by Amazon
Top guessing game
Paladone Harry Potter Who Is It Guessing Game
For diehard fans looking for a unique game item that’s guaranteed to excite anyone who is a lover of pop culture and Harry Potter, this is the perfect themed gift to give to Potterheads of all ages. Opponents will ask a series of yes and no questions that hint at which Harry Potter character each player has chosen from a list of over seventy-two characters. Cards need to be flipped in front of each player face down and discover different characters as the game progresses.
Sold by Amazon
Top board game
Ravensburger Harry Potter Labyrinth Family Board Game
Play with the whole family with this fun and challenging board game that features 34 maze cards, 24 treasure cards, four playing pieces and game instructions. Play in rounds of 20-30 minutes as each competitor attempts to find the shortest route to the end of the labyrinth. Find hidden characters like Harry, Ron, Hermione, Professor Dumbledore, Hagrid and Harry’s owl Hedwig along the way.
Sold by Amazon
Top Quidditch-themed game
Harry Potter Catch The Golden Snitch: A Quidditch Board Game
Whether you fancy yourself as a witch, wizard or muggle, learn to watch out for flying bludgers and capture the golden snitch in this fast-paced Quidditch-themed board game. Players will be caught by the element of surprise each time the golden snitch hits the board and everyone has to scramble to strategize how to catch it. A pair of chaser cards lets each player steal another one’s card set, but if players understand the art of Quaffle beforehand, they can play another round.
Sold by Amazon
Top word game
CODENAMES: Harry Potter Board Game
Become a member of the Order of the Phoenix as you navigate picture clues and word puzzles with Death Eaters right behind you. Friends and family can all try to locate secret agents that are concealed within different grids that can only be opened by use of Harry Potter references. One-word clues will help guide guessers through 200 code cards, 100 double-sided key cards, 16 Order of the Phoenix cards, one Death Eater cover card and 11 time-turner tokens as they try to navigate their way through the wizarding world.
Sold by Amazon
Top chess-themed game
Bring your love of Harry Potter straight to your living room with this whimsical chess set. Made from 100% plastic, each piece is crafted in painstaking detail to resemble the exact miniature recreations of the Wizard Chess Set featured in “Harry Potter and the Sorcerer’s Stone.” The board measures 18.5 x 18.5 inches and includes 32 chess pieces with two drawstring pouches.
Sold by Amazon
Best LEGO game
LEGO Harry Potter Hogwarts Chamber of Secrets Building Kit
Improve your puzzle solving abilities and challenge yourself when you sift through the 1,176-piece LEGO playset that will enchant any fan of the film or books. Ten different minifigures based on the likeness of your favorite characters such as Harry Potter, Ginny Weasley, Tom Riddle, Colin Creevey, Luna Lovegood, Albus Dumbledore and Nearly Headless Nick can all be assembled with a bit of creativity and determination by fans of any age. Different feature packed rooms can also be assembled and added to other sets for some extra fun during playtime.
Sold by Amazon
Top quiz game
Ultimate Harry Potter Movie Quiz
Amaze all of your friends and family with your knowledge of each Harry Potter film and its trivia. Choose from the houses of Slytherin, Hufflepuff, Gryffindor and Ravenclaw and determine your gameplay destiny from the beginning before answering franchise-themed questions. Players can collect cards from each movie after every right answer until they successfully win all eight.
Sold by Amazon
Top multiplayer game
Harry Potter Hogwarts Battle Defence Against The Dark Arts
Considered to be one of the top gifts you can get a Harry Potter fan no matter how small or big their love for the franchise is. Players can step into the Defence Against the Dark Arts classroom and draft cards, while building the ultimate strategy fit for taking down any friend or foe. This game set contains: one practice mat, four House cards, eight House movers, 24 starting cards, 21 Hex cards, 129 Hogwarts cards and five Stun tokens.
Sold by Amazon
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MADISON, Wis. (AP) — A Wisconsin judge said Thursday that a Republican-ordered, taxpayer-funded investigation into the 2020 election found “absolutely no evidence of election fraud,” but did reveal contempt for the state’s open records law by Assembly Speaker Robin Vos and a former state Supreme Court justice he hired.
Dane County Circuit Judge Valerie Bailey-Rihn awarded about $98,000 in attorneys’ fees to the liberal watchdog group American Oversight, bringing an end in circuit court to one of four lawsuits the group filed. Vos’s attorney, Ron Stadler, said he was recommending that Vos appeal the ruling.
The fees will be paid by taxpayers, which is why the judge said she was not also awarding additional punitive damages against Vos. Costs to taxpayers for the investigation, including ongoing legal fees, have exceeded $1 million.
“I think the people of the state of Wisconsin have been punished enough for this case,” Bailey-Rihn said. “I don’t think it does anyone any good to have punitive damages placed on the innocent people of this state.”
All of American Oversight’s lawsuits stem from records requests it made to Vos and Michael Gableman, a former Wisconsin Supreme Court justice hired by Vos in June 2021 to investigate the 2020 presidential election won by President Joe Biden. Vos ordered the investigation under pressure from election loser Donald Trump, who continues to falsely claim there was widespread fraud in Wisconsin and that Biden’s win should be decertified, which is impossible and which Vos has repeatedly refused to support.
Even Gableman’s attorney said decertification was “pointless.”
Biden’s victory by nearly 21,000 votes has withstood recounts, multiple state and federal lawsuits, an audit by the nonpartisan Legislative Audit Bureau and a review by a conservative activist law firm, the Wisconsin Institute for Law & Liberty. An Associated Press review of Wisconsin and other battleground states also found far too little fraud to have tipped the election for Trump.
Vos and Gableman have suffered a series of defeats at the circuit court level in the American Oversight lawsuits. Along the way, both were found to be in contempt for refusing to comply with court orders to turn over records. Bailey-Rihn, presiding over her last hearing before retiring, expressed frustration Thursday.
“This has been a long and torturous process to get here,” she said. “The reality is, whatever records there were, they were either destroyed or they weren’t kept. The problem for this court is no one knows when those records were destroyed.”
State law requires lawmakers like Vos to retain records after an open records request for them has been filed. They can, and do, delete records if there is no pending open records request.
Gableman testified in another case that he routinely deleted records that he thought were not a part of the investigation. That resulted in American Oversight filing a fourth lawsuit alleging those deletions were against the law. That case, along with two others, is still pending.
A judge next month was to consider whether Gableman had fulfilled requirements to vacate an earlier contempt order for not turning over records. And in another case, Vos faced an Aug. 4 deadline to turn over additional records requested by American Oversight.
“This whole case has been about trying to shine a light on government,” Bailey-Rihn said. What it revealed, she said, was that in the early days of Gableman’s probe, he was being paid $11,000 a month by taxpayers “to sit in the New Berlin library to learn about election law because he knows nothing about election law.”
“We’re all citizens of this state and this country, and we want our elections to be fair and not tainted by any sort of election fraud,” the judge said. “We have absolutely found out from this case there was absolutely no evidence of election fraud.”
She said Vos and others have shown they believe they have no obligation to comply with the state open records law, they don’t understand it, they don’t follow the attorney general’s guidance and they leave it to people who aren’t trained on the law to deal with it.
“That’s one thing the citizens of this state have learned to their detriment,” Bailey-Rihn said. | https://www.myarklamiss.com/news/politics/ap-politics/judge-wisconsin-probe-found-absolutely-no-election-fraud/ | 2022-07-29T14:16:43Z | https://www.myarklamiss.com/news/politics/ap-politics/judge-wisconsin-probe-found-absolutely-no-election-fraud/ | false |
LAS VEGAS, July 29, 2022 /PRNewswire/ -- Ahern Rentals, Inc. ("Ahern" or the "Company") today announced the extension of the 7.375% Second Priority Senior Secured Note exchange offer expiration time from 11:59 p.m. ET on July 28, 2022 to 11:59 p.m. ET on August 31, 2022.
Documents relating to the exchange offer will be distributed only to holders of existing notes who complete and return an eligibility form confirming that they are either a "qualified institutional buyer" under Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), or not a "U.S. person" under Regulation S under the Securities Act (such holders, "Eligible Holders"). Noteholders who desire to complete an eligibility form should request instructions by sending an e-mail to ahern@dfking.com, or call D.F. King & Co., the information agent for the exchange offer, at (800) 669- 5550 (toll-free) or (212) 269-5550 (for banks and brokers).
The new notes will not be registered under the Securities Act or any other applicable securities laws and, unless so registered, the new notes may not be offered, sold, pledged or otherwise transferred within the United States to or for the account of any U.S. person, except pursuant to an exemption from registration requirements. Accordingly, the new notes are being offered and will be issued only to Eligible Holders who are not beneficial owners in or resident of Canada or authorized representatives acting on behalf of beneficial owners in or resident of Canada. Beneficial owners in or resident of Canada or such authorized representatives should contact the information agent for the exchange offer listed in the preceding paragraph.
The complete terms and conditions of the exchange offer are set forth in the informational documents relating to the exchange offer. This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the new notes. The exchange offer and consent solicitation is only being made pursuant to the Confidential Offering Memorandum and Consent Solicitation Statement and the related letter of transmittal. The exchange offer is not being made to holders of existing notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
Ahern is the largest independently owned equipment rental company in the United States. With $906 million in fiscal year 2021 revenue, the company is ranked as the eighth largest U.S. equipment rental company by Rental Equipment Register ("RER"). Founded in 1953 in Las Vegas, Nevada, Ahern has expanded through organic growth to develop a national platform with 112 branch locations in 31 states as of March 31, 2022. Ahern focuses on the aerial market segment of the $50 billion equipment rental industry with an extensive fleet of "high reach" equipment, which is supplemented by a fleet of ground engaging, general rental, and specialty equipment to provide customers with a "one-stop" solution for their equipment needs. Serving a large and diverse customer base comprised of commercial and residential construction companies, specialty contractors, industrial companies, utility companies, governmental entities, and homeowners, Ahern provides a comprehensive range of equipment and solutions, including renting and selling used/new equipment, parts, supplies, and related merchandise, as well as providing maintenance, repair, and other services that supplement rental and sales activities.
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SOURCE Ahern Rentals | https://www.wkyt.com/prnewswire/2022/07/29/ahern-rentals-announces-extension-exchange-offer-7375-second-priority-senior-secured-notes/ | 2022-07-29T14:18:01Z | https://www.wkyt.com/prnewswire/2022/07/29/ahern-rentals-announces-extension-exchange-offer-7375-second-priority-senior-secured-notes/ | false |
BALTIMORE (AP)The fans at Camden Yards wanted to give Trey Mancini a nice sendoff – just in case.
Then the Baltimore slugger lifted a routine flyball to right, and it turned into a wild trip around the bases.
Mancini hit an inside-the-park home run in what may have been his final home plate appearance with the Orioles, and Baltimore blanked the Tampa Bay Rays 3-0 on Thursday.
”I’m kind of at a loss for words that that happened,” Mancini said.
Jordan Lyles pitched impressively into the sixth for the Orioles, who took three of four from Tampa Bay and went 4-3 on a big homestand against the Yankees and Rays. They have put together a winning record in consecutive months for the first time since 2016 and trail Tampa Bay by three games for the final wild card in the American League – a much better position than expected as the trade deadline approaches.
Lyles (7-8) and Mancini both could be dealt by a Baltimore team that has still seemed to be in a rebuilding mode for much of this season, but with the Orioles now in contention, it’s not clear what they’ll do. Baltimore went on a 10-game winning streak prior to the All-Star break, then held its own on this homestand against two tough AL East rivals.
Some fans stood and cheered when Mancini came up with one on and one out in the eighth and the Orioles up 1-0. He hit a fly to right, and Josh Lowe had trouble locating the ball and missed it. It hit the left side of his face and bounced away, and Mancini circled the bases.
Mancini, the designated hitter for Baltimore, took a curtain call before the top of the ninth to acknowledge the chanting crowd.
”I was actually down in the tunnel just putting up my helmet and shin guards and my elbow guard, and then Tyler Nevin came down and told me that they were calling my name,” Mancini said. ”It meant a lot. Again, I have no idea what the next few days bring, but I wanted to make sure to soak in every moment today, just in case this was it.”
Mancini has been a bright spot as the Orioles have gone through a difficult rebuild. He earned Comeback Player of the Year honors in the AL last year after being treated for stage 3 colon cancer.
”He is somebody that has gone through, obviously, what he went through,” manager Brandon Hyde said. ”We’ve had great on-field, off-field conversations, and he’s opened my eyes to a lot of things, and I consider him a close friend.”
Anthony Santander doubled home a run in the third to open the scoring. Lyles allowed three hits in 5 2/3 innings, striking out four. He pitched around four walks, and the Baltimore bullpen held onto the lead. Felix Bautista retired all four of his hitters, striking out three, for his third save.
Ryan Yarbrough (0-6) allowed a run and four hits in six innings. He struck out eight with no walks.
Lyles struck out Lowe with men on first and third for the third out of the first. He walked two straight hitters with one out in the fifth, then retired Brandon Lowe and Ji-Man Choi on a popup and a groundout to escape that jam.
Lyles was replaced with two outs in the sixth, and Cionel Perez struck out pinch-hitter Randy Arozarena with two on. Perez pitched the seventh, Bryan Baker got the first two outs of the eighth, and Bautista came on with men on second and third to strike out Arozarena for the third out of that frame.
OUCH
Josh Lowe, whose misplay made Mancini’s homer possible, had a significant bruise on his cheek after the game. His sunglasses were on his forehead on the play, but he said he’s not sure that made a difference.
”Kind of a tough sky toward the end. Hadn’t really been like that at all,” Lowe said. ”A lot of clouds, so you could see I didn’t have sunglasses on, and it had been fine the entire time. … That was the first one that really got up there and got in the clouds.”
IN MEMORY
The Orioles hosted Mo Gaba Day to honor the life and legacy of Gaba, a 14-year-old fan who died two years ago after several battles with cancer. Mancini mentioned Gaba when discussing his homer.
”I had some help from somebody,” he said. ”That was absolutely insane. I’d like to think Mo had a hand in it.”
TRAINER’S ROOM
Orioles: Baltimore put RHP Tyler Wells (lower left side discomfort) on the 15-day injured list. The Orioles also optioned LHP Nick Vespi to Triple-A Norfolk and recalled RHPs Logan Gillaspie and Beau Sulser from Norfolk.
UP NEXT
Rays: Tampa Bay opens a home series against Cleveland. Jeffrey Springs (3-2) takes the mound Friday night against Shane Bieber (4-6) of the Guardians.
Orioles: Baltimore has not announced a starter for the opener of its series at Cincinnati. Mike Minor (1-7) pitches for the Reds.
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Follow Noah Trister at www.Twitter.com/noahtrister
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More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP-Sports
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This version has been corrected to show there was one out on Mancini’s homer, and his curtain call was before the top of the ninth. | https://www.krqe.com/sports/mlb-baseball/mancini-finishes-homestand-in-style-as-orioles-top-rays-3-0/ | 2022-07-29T14:18:24Z | https://www.krqe.com/sports/mlb-baseball/mancini-finishes-homestand-in-style-as-orioles-top-rays-3-0/ | false |
BERKELEY, Calif. (AP) — Apple’s profit slipped during the past quarter, but the world’s largest technology company is holding up better than many of its peers as the economy teeters on the edge of a recession.
While grappling with manufacturing headaches and inflation pressures that have vexed a wide range of businesses, Apple saw its profit for the April-June period decline by 10% while revenue edged up 2%. Both figures were better than analysts projected.
The results announced Thursday for Apple’s fiscal third quarter weren’t a shock. That’s because Apple had already warned that its revenue would be depressed by as much as $8 billion because of supply chain problems that have been compounded by pandemic-related shutdowns in Chinese factories that make iPhones and other Apple products.
That scenario played out as expected in Apple’s fiscal third quarter. Earnings fell to $19.4 billion, or $1.20 per share, while revenue edged up to nearly $83 billion.
The positive surprise helped boost Apple’s stock price by 3% in extended trading after the numbers came out.
“The quarter shows that amid all this volatility in tech, Apple remains a fortress,” said Edward Jones analyst Logan Purk.
As usual, Apple’s results were propelled by the iPhone, which posted a 3% gain in sales from the same time last year. Analysts had been bracing investors for a slight decline because of supply chain issues and the upcoming release of a new model this fall. It marked the seventh consecutive quarter that iPhone sales have increased.
The ongoing demand for iPhones underscores the enduring appeal of a device that has helped has established Apple as the world’s most powerful tech company during the past 15 years. The device’s sales climbed, despite inflation hovering at its highest rate i n more than 40 years, a development that caused consumers to rein in their spending on a variety of discretionary items such as clothing and other home goods that enjoyed an uptick in demand during the pandemic.
The troubles emerging in corporate earnings reports over the past two weeks — combined with other sobering data — have heightened worries that the Federal Reserve Bank’s inflation-fighting increase in interest rates will shove the economy into a recession. That would weigh on corporate profits and already drooping stock prices.
Apple CEO Tim Cook acknowledged that the Cupertino, California, company isn’t immune to the current economic turbulence squeezing consumer budgets, but maintained a mostly upbeat tone during a Thursday conference call.
“When you think about the number of challenges in the quarter, we feel really good about the growth that we put up,” Cook said.
So far, Cook said, inflation seems to be affecting Apple’s sales of wearable technology — a segment that includes the Apple Watch — more than those of the iPhone. In the past quarter, revenue in Apple’s wearables division fell 8% to $8.1 billion.
On the upside, Apple expects supply-chain issues to ease during the current July-September quarter. If history is any guide, the release of its next iPhone model later this year could spur another flurry of upgrades. Apple expects its year-over-year revenue growth in the current quarter to exceed the past quarter’s 2% uptick, according to Luca Maestri, Apple’s chief financial officer.
Tech stocks have been particularly hard hit by market jitters. The Nasdaq composite index, which is tethered to the tech industry’s fortunes, has fallen by 22% so far this year. Apple had held up far better than most of its tech peers, with its stock price declining 11% this year before Thursday’s rally in extended trading.. | https://fox59.com/morning-news/technology/ap-technology/apples-3q-profit-slips-but-results-top-analyst-projections/ | 2022-07-29T14:18:42Z | https://fox59.com/morning-news/technology/ap-technology/apples-3q-profit-slips-but-results-top-analyst-projections/ | false |
CALGARY, Alberta (AP) _ Enbridge Inc. (ENB) on Friday reported second-quarter net income of $466.2 million.
The Calgary, Alberta-based company said it had net income of 17 cents per share. Earnings, adjusted for non-recurring costs, were 53 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.
The oil and natural gas transportation and power transmission company posted revenue of $10.36 billion in the period.
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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 ENB at https://www.zacks.com/ap/ENB | https://www.mrt.com/business/article/Enbridge-Q2-Earnings-Snapshot-17337911.php | 2022-07-29T14:19:36Z | https://www.mrt.com/business/article/Enbridge-Q2-Earnings-Snapshot-17337911.php | false |
ALEXANDRIA, Va., July 29, 2022 /PRNewswire/ -- NATSO, representing America's truckstops and travel plazas, and SIGMA: America's Leading Fuel Marketers, strongly urge lawmakers to oppose the Inflation Reduction Act of 2022 unless it provides tax parity between the biodiesel tax credit (BTC) and newly proposed sustainable aviation fuel (SAF) tax credit.
fuel supply. The cost of everyday household goods and home heating bills
will soar as the availability of biodiesel and renewable diesel decreases.
Aggregate greenhouse gas emissions also will increase across the
transportation sector.
Although the bill extends the biodiesel and renewable diesel tax credit, it provides a higher tax credit of up to $1.75 for sustainable aviation fuel (SAF) production.
A higher tax credit for SAF will undercut America's fuel supply. The cost of everyday household goods and home heating bills will soar as the availability of biodiesel and renewable diesel decreases. Aggregate greenhouse gas emissions also will increase across the transportation sector.
"This legislation purports to create a 'technology neutral' clean fuels tax scheme, which fuel retailers have long supported. Favorable treatment for SAF flies in the face of this approach," said David Fialkov, NATSO Executive Vice President of Government Affairs, speaking on behalf of NATSO and SIGMA. "SAF is less beneficial for the environment than renewable diesel and is going to cost taxpayers more. Providing more favorable tax treatment for a technology that has fewer environmental benefits undermines the intellectual integrity of the climate provisions in this bill. If special treatment for SAF was motivated by unique environmental benefits, it could fit neatly within what is otherwise a tech-neutral construct that applies to every other fuel under the bill."
The trucking industry delivers more than 80 percent of America's goods and relies on biofuels, like renewable diesel and biodiesel, to keep emissions low. If Congress passes a higher tax incentive for SAF, America's supply of biofuels will become limited and more expensive. American consumers will pay more for all goods hauled by truck.
A higher SAF tax credit also means that American taxpayers will foot the bill for another airline industry handout, just two years after their most recent billion-dollar bailout.
SAF is more energy intensive to produce and saves less carbon emissions than renewable diesel. This additional incentive for SAF will undercut and eventually eliminate America's biodiesel and renewable diesel market as disproportionate pressure is placed on feedstock. Because they compete for the same feedstock and have comparable emissions benefits, it is critical that lawmakers incentivize renewable diesel and sustainable aviation fuel at parity.
NATSO and SIGMA strongly urge lawmakers to oppose the Inflation Reduction Act of 2022 unless it puts the environment and economy first by providing parity between the BTC and SAF.
NATSO is the trade association of America's travel plaza and truckstop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel plaza and truckstop industry; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate. For more information, visit NATSO.com.
SIGMA: America's Leading Fuel Marketers represents a diverse membership of approximately 260 independent chain retailers and marketers of motor fuel. While 67 percent are involved in gasoline retailing, 83 percent are involved in wholesaling, 56 percent transport product, 39 percent have bulk plant operations, and 20 percent operate terminals. Member retail outlets come in many forms including truckstops, traditional "gas stations," convenience stores with gas pumps, cardlocks, and unattended public fueling locations.
Contact: Tiffany Wlazlowski Neuman
Vice President, Public Affairs
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SOURCE NATSO | https://www.wkyt.com/prnewswire/2022/07/29/fuel-retailers-urge-lawmakers-oppose-inflation-reduction-act-2022/ | 2022-07-29T14:20:09Z | https://www.wkyt.com/prnewswire/2022/07/29/fuel-retailers-urge-lawmakers-oppose-inflation-reduction-act-2022/ | false |
CLICK HERE TO DOWNLOAD/STREAM/PURCHASE: https://empire.ffm.to/whathappenedtoatlanta
DOWNLOAD ARTWORK: https://drive.google.com/file/d/1aiP9_fYBwoLXgecf9P7oYRKYhF5UEnNn/view?usp=sharing
ATLANTA, July 29, 2022 /PRNewswire/ -- Atlanta is and always has been an influence on the culture; from the music to the sound to the vernacular and Yung Booke showcases that with the release of his new single "What Happened to Atlanta" with fellow Atlanta rapper Skooly. "What Happened to Atlanta" is an ode to what Atlanta used to be and remembering all of the good things that made Atlanta a place everyone loves today. Yung Booke expresses his love for the city he was born and raised in as Skooly reminisces on those amazing times all while asking the question "What Happened to Atlanta"?. Yung Booke states, "I wrote this song because of the space Atlanta is in right now and seeing a change in the city over the years. I represent "The Real Atlanta" and being one of the creators of the sound in Atlanta, me and Skooly are the perfect two to speak on it. The message is to bring back and show the people what "The Real Atlanta" really is." "What Happened to Atlanta" is now available on all DSPs.
Atlanta has become one of the most influential cities and the mecca of urban culture and Southern music housing and birthing undeniable talent including hip hop artist Yung Booke. Continuing the tradition of displaying dynamic style and trendsetting, Yung Booke has captivated a strong fan base deriving from his Southwest Atlanta upbringing. Most recently, Yung Booke signed to Blackground Records 2.0 which was founded by music industry icon and legend Barry Hankerson. Yung Booke isn't new to the entertainment industry as he was previously signed to TI's Grand Hustle label, has released singles and mixtapes under his own imprint (along with manager Jamin) UNOS Entertainment, and made appearances on popular mixtapes from DJ Scream, Hustle Gang, and platinum producer Zaytoven.
Keeping his ears to the streets and eyes on the prize, Booke is emerging into his own and ready to take over the world by showcasing his lyrical ingenuity and irrefutable talent. Booke is gearing up to release his new single "What Happened to Atlanta" with fellow rapper Skooly and even more music featuring some of your favorite artists. Stay tuned as Yung Booke is here to stay.
Founded by Barry Hankerson initially and launched in 1993, Blackground Records became a staple name in music and pop culture in the 1990s and early 2000s with the Hankerson's expert ear for artist development that would evolve into prolific careers for the aforementioned artists. Over the years, Blackground Records - with artists such as the late Aaliyah, Timbaland, Tank and JoJo - sold millions of records, had ten Top 10 Billboard 200 albums and won countless awards. Now as Blackground Records 2.0, Hankerson plans to continue their undeniable impact on pop culture.
Press Inquiries,
Tu Love
tu@blackgroundrecords.net
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SOURCE Blackground Records 2.0 | https://www.wafb.com/prnewswire/2022/07/29/atlanta-hip-hop-artist-yung-booke-releases-new-single-what-happened-atlanta-with-skooly/ | 2022-07-29T14:21:14Z | https://www.wafb.com/prnewswire/2022/07/29/atlanta-hip-hop-artist-yung-booke-releases-new-single-what-happened-atlanta-with-skooly/ | true |
Should you be worried about using a period-tracking app?
Katie Siek, professor of informatics at Indiana University, said she has not deleted her period-tracking app. But people should think about it, she said, especially if their goal is to avoid pregnancy.
“If I was a young person, and I was trying to avoid pregnancy, I would think about it,” she said. “I would think about possible implications of everything I do, from my posts on social media to my internet searches to turning off my location services.”
Following the U.S. Supreme Court’s decision to overturn Roe v. Wade on June 24, experts and researchers have voiced concerns about how period-tracking apps might share data. Siek, along with Indiana University Ph.D. students Zaidat Ibrahim and Alexander Hayes, found that even submitting “junk data” to these apps will not protect reproductive privacy.
These apps are tempting because it can be hard for people with menstrual cycles to figure out their cycle or fertility windows, Siek said. The decision to keep using a period-tracking app depends on individual benefit, she said.
What do period-tracking apps do?
These apps collect all of the data users input, everything from cramps to flow rate to when the user had sex to their cravings. The danger comes from what the app or app designers, or law enforcement, intend to do with that information, Siek said.
Some apps simply predict your next period. Others are used for fertility tracking. Most apps use comparison data by compiling user information to give accurate estimates, although some apps just use individual data, Siek said.
Do these apps pose a threat to reproductive or data privacy?
Many everyday devices and routines can signal pregnancy, not just a period-tracking app, Siek said. Searches on phones and the internet become data indicating a pregnancy or a desire to receive an abortion.
“The app is kind of the least of the concerns,” she said.
European-owned period-tracking apps follow the General Data Protection Regulation, which is European Union law on data protection and privacy. Some apps have implemented an anonymous mode for users to take out identifying data. This only supplies limited protection, however, because when the record is connected to a name, date of birth and ZIP code, individual users can be identified, Siek said.
“It depends how unique you are,” she said.
Ibrahim said it’s hard to say whether period-tracking apps pose a threat to reproductive or data privacy. All apps take certain information and she said she doesn’t know what the period-tracking app designers might do with all the data they collect on each user.
“Will this information be handed over to the government?” she said. “I can’t say for sure.”
Ibrahim said she doesn’t think people need to delete their period-tracking apps. When using those apps for features like online help communities, rather than just tracking a period, deleting it depends on how much personal information you want to have out there. But for features such as health information, learning about menstrual cycles or how to navigate symptoms, Ibrahim said she thinks it’s OK to use these apps.
“I don’t think that people should necessarily freak out about this,” she said.
Hayes said he thinks the digital traces we leave on the internet, along with laws potentially paving the way for suing people who try to receive abortions, is concerning. But these apps do provide a valuable service to those who use them, he said, so it’s a tricky calculation.
How can people protect themselves?
To protect themselves, Siek said, the public has to talk to local and federal legislators and encourage them to protect individual data privacy. Another step is to use incognito mode on web browsers, especially when searching for information about abortions.
“Right now, companies can sell our data, they can share our data,” she said. “Every time you use an app, you have to agree to the terms. And the first thing the terms typically say is that it can change at any time.”
Even those without menstrual cycles should reach out to their representatives about federal data privacy laws and policies, Siek said.
“This is just one incident,” she said. “But there are lots of different instances where technology in our applications are snooping on us, and possibly impacting the future of ourselves for our society, so we have to take action now.”
What does it mean to submit “junk data” to these apps?
On social media, following the overturn of Roe v. Wade, many people started encouraging each other to submit “junk data” or random data to period-tracking apps. The purpose of doing this was a bit unclear, Siek said, but perhaps people wanted to confuse algorithms or make it hard to investigate pregnant users. That’s not going to do much for apps that already have millions of data points from monthly users, Siek said.
“Other data sources will be able to easily identify who’s submitting ‘junk data’ versus real data,” she said.
The Flo app, for example, has more than 48 million active users, according to NPR. So even if 1 million people input inaccurate data, it won’t affect the average in the long run, Ibrahim said, unless an equal number of regular users input “junk data.” But that would only screw up the app for people who want information for predicting their period, she said.
How else can you track your period?
Tracking a menstrual cycle and fertility the old-school way with paper and pencil or with an Excel sheet that can’t be shared is another option, Siek said. Online resources are a big help for figuring out how to track a cycle manually, she said.
Birth control is another tool some might use to keep their period consistent, Ibrahim said.
Who wants this data?
At this time, it’s unclear whether lawmakers or prosecutors would seek data from period-tracking apps, Siek said. Advertising companies are likely interested in data that would help them cater their advertisements for users. For example, Siek said, if a period-tracking app shows a pregnancy, that person may start receiving ads for baby preparation.
It’s frightening to look into app developing companies, Hayes said, because they do appear to be selling data. It may be intended for targeted advertising, but once that data is out, it’s hard to know what it’s being used for, he said.
It’s possible a prosecutor or other legal professional could access the data from period-tracking apps, Siek said, but other data sources are more likely to be targeted for accuracy.
Users should pay attention to what companies run the applications they’re using and what information will be shared, Ibrahim said.
“I think that users have some sort of right to say, ‘I want to get some feedback on how my data is being used,’” she said.
Reach Luzane Draughon at ldraughon@gannett.com or @luzdraughon on Twitter. | https://www.heraldtimesonline.com/story/news/local/2022/07/29/period-tracking-app-privacy-data-collection-concerns/65377098007/ | 2022-07-29T14:22:29Z | https://www.heraldtimesonline.com/story/news/local/2022/07/29/period-tracking-app-privacy-data-collection-concerns/65377098007/ | false |
BEIJING, July 29, 2022 /PRNewswire/ -- To explore the logic behind the successful financing, Nebula Brands co-founder Yanzhi Wang shared his insights in an interview with ChinaVenture.cn.
Industry reverts to the mean
After obtaining the B round of financing from L Catterton, the world's largest consumer private equity firm, Nebula Brands received another B+ round of financing from Mubadala, a large sovereign wealth fund from Abu Dhabi, in the next 6 months. William Wang, co-founder of Nebula Brands, said that this round of financing will be tapped to expand the acquisition scale of the assets of brands that "go global" from China and recruit talents from all fields. This will help consolidate its capabilities in business growth and brand building.
Founded in 2019, Nebula Brands is the first and largest Amazon brands acquisition platform in China. Such companies are referred as Amazon Aggregator (AA) overseas. AA mainly acquires Amazon brands with potential, and then integrates operations to increase profit and brand premium.
Since the end of 2020, AA has started a wave of fundraising frenzy around the world. Thrasio, the fastest US company to achieve unicorn status, is a player in this industry as well. Since more than 70% of product supply chain and 50% of third-party sellers on Amazon trace back to China, global Amazon aggregators also turn their attention to this market last year. European leading Amazon aggregators flock to Chinese market after Thrasio entered it in 2021.
However, the industry has suffered a setback this year. In May, Thrasio, the world's largest Amazon aggregator, announced it would lay off nearly 20% of its staff and replace its CEO. The scale of investment and financing is also shrinking. According to data from MarketplacePulse, an e-commerce research agency, Amazon aggregators raised more than $5.1 billion in the first half of 2021 but only managed to raise $2.2 billion in the first half of 2022. Merely12 new aggregators announced successful financing. According to the report on mergers and acquisitions of Amazon aggregators of Capstone Partners, an investment bank, the market prices of Amazon FBA brands soared last year with an influx of money for Amazon brands acquisition, the growth of AA has slowed down as a result.
So, has the AA bubble burst?
"The AA industry boomed last year thanks to multiple favorable factors that are difficult to replicate in the early days of the industry." Said William Wang, co-founder of Nebula. A core reason is that the sales of overseas e-commerce platforms have grown exponentially due to the pandemic. Against this backdrop, most of the brands acquired on the Amazon platform improve their performances amid a booming market. The rapid growth of profits has led to an increase in the valuation of such assets. This industry received an influx of money that seeks opportunities for greater profit.
In his view, the industry reverts to the mean this year in a positive manner, which is normal in market cycles. Although the growth of overseas e-commerce markets such as the Amazon has slowed down compared with the previous two years, the fundamentals remain sound. Instead, more mature channels and markets are identified after the pandemic. The need for AA is also palpable - bottom-up integration through acquisitions will continue to happen in any mature market.
"The fragmented brands will be acquired by AA, and the small AAs may be acquired by big AAs, brand groups or listed companies in the future, which are common market integrations. It is not that the market is gone for AA, but that there is no certain growth of the broader market. Therefore, you need more solid judgment and more effective operational growth ability. " William Wang reckoned.
The more difficult it is to do business, the higher the threshold will be. Different AAs that have entered the market will focus on acquisitions with dimensions where they have an edge in specific industries or product features. The acquisition platforms also have a trend of diversifying from Amazon to other channels.
With the total financing reaching $3.4 billion, Thrasio's strategy was to expand rapidly to achieve a scale effect through the Middle Platform operations. William Wang believed that there is no fundamental problem with this strategy in the market environment at that time, but there are no shortcuts for omni-channel consumer brands or Amazon's consumer brand building, so early leading AAs such as Thrasio needs to slow down and sort out specific operations. "Most AAs are still new companies, and it is unlikely to have a substantial improvement over the original operator in all fronts in the short term. Each replicable operational capability requires trial, error and iteration before it can be applied to multiple brands. After the rapid online consumption growth brought about by the pandemic slows down, the previous strategy of rapid expansion will lead to numerous fragmented brand assets and redundant workforce. Fragmented capabilities of excessive manpower do not reflect the value of AA. "
It depends more on the nature and capabilities of each AA to choose a specific category or full category for acquisition. At the same time, assets also flow between different AAs. For example, assets of some categories might be sold to have a more focused strategy in the future. At present, Nebula Brands' strategy is focused on categories such as outdoor, maternal, and infant products. Meanwhile, it plans to tap another one to two product categories with more advantages and richer product lines in the Chinese supply chain like small household appliances.
Outdoor, maternal, and infant products are chosen because many products in these categories are durable consumer goods with slower evolution. After continuous micro-level innovation of original products, they can remain their advantage in the channel. It is harder to overtake leading brands in such categories under Amazon's rules, which can ensure the relative stability of brand revenue after the acquisition. Furthermore, consumers trust brands in such categories more from the perspective of omni-channel. Consumers go beyond value for money and may have the trend to achieve consumption upgrades. With deeper understanding of users and products after the acquisition, more product innovation and brand building will help these Amazon brands evolve to omni-channel brands.
In the long run, it is of great significance for AA to create several star brands in major categories and a series of channel brands that are outstanding in a specific dimension such as category, price and positioning. User insights, supply chain integration, and migration of brand traffic facilitate cost reductions and efficiency gains. " Stated William Wang. Therefore, Nebula Brands usually carries out extended acquisitions of brands in the same category and related categories or engages in product innovation to enhance competitiveness and growth through synergy after completing the acquisition of key brands. During the last Prime Day, the synergetic strategy helped an outdoor brand acquired by Nebula to achieve more than tenfold year-on-year sales growth.
"Investment" and "Post-investment"
Capital acquisition and brand operation are the two business pillars of Nebula. These two pillars could be benchmarked against "investment" and "post-investment" if a comparison between AA and funds is drawn in terms of asset management.
The process of "investment" can be further broken down into two parts, identifying a good project and negotiating the project at a reasonable price.
As a local AA in China, Nebula Brands is better positioned to target the source of the projects. Nebula can directly get access to first-hand projects by establishing a marketing and business team in China. William Wang revealed that more than 90% of Nebula's projects are identified by the in-house teams now rather than recommended by intermediaries, which is conducive to acquiring brands at a more reasonable price and establishing in-depth cooperation with original sellers.
In addition, another channel for Nebula Brands to acquire projects lies in the upstream supply chain. There are many concentrated industrial belts in China. When a good project is identified, acquisitions relevant to it could trace back to high-quality sellers with the industrial belt as the source. These actions have expanded the coverage of high-quality projects while avoiding excessive head-to-head bidding against overseas AAs.
The Nebula team has reflected on the acquisition criteria. "In the beginning, the team was eager to pursue the strategy of Thrasio by looking for the top 1-3 brands in a particular industry. With the decline of the abnormal growth of the market, this strategy of seeking fast speed is not in line with the common sense of value identification. The market is changing rapidly, and the ability to adjust acquisition strategies and standards will become the core competitiveness of AAs in acquisition. For example, one of the strengths of AA lies in the connection between acquisitions and operations in e-commerce channels. The data team boasts the resources to analyze the whole chain of data from industry competition, user reviews to the supply chain, therefore the team can adjust the judgment model according to the results in practice. Data analysis is performed to identify industries with stronger internal growth momentum to locate a desirable track for future operations. "Stated William Wang.
Specifically, in addition to the basic criteria that AAs have long adopted, other aspects also need to be reviewed. The basic criteria include a high and stable ranking in its category, sales from a limited number of SKUs, gross margin over 20%, high ratings and good reviews, etc. Besides that, Nebula Brands also focuses on "trickier" elements for integration such as the importance of China's supply chain in the value chain of a category, product innovation drive, and leveraging differentiated capabilities of the original seller teams.
As for "post-investment", since building a brand is a task with assured success, not all assets acquired by AA will develop towards omni-channel brands. At this stage, most assets acquired by Nebula Brands are those that generate sustained cash flow. To be specific, the short-term positioning of most acquired assets is being a channel brand. Aside from maintaining and growing sales on Amazon through better advertising and product micro-level innovation, these brands are also empowered to expand into high-certainty sales pipelines like Walmart, Tiktok, offline distribution, etc. As for a small number of assets that have the potential to scale into omni-channel big brands, Nebula Brands will take actions from product R&D to brand promotion with intensified, long-term input, aiming to help develop it into an influential consumer brand.
Nebula Brands can be seen as a consumer brand management business with an acquisition + operation model. In the view of William Wang, compared with Apple, DJI and other single-category technology firms in big industries, most durable consumer goods brands acquired from Amazon compete in a smaller industry. Therefore, acquisition becomes a more optimal approach to quickly create synergy matrix of these brands, which is different from the buyouts made by funds that invest in mature brands. These Amazon brands may be far from household names at this moment, but still have access to steady and growing cash flow, constant feedback from users, and highly coordinated supply chains. All of these features lay solid foundation to breed omni-channel brands especially when synergy is created among similar categories.
Another story AAs like to tell is data plus Middle Platform. William Wang pointed out that based on e-commerce marketplace like Amazon, AAs are keen to invest in technology to cope with a complex and ever-changing e-commerce landscape with data-driven decision-making, applied SOPs and efficient supply chain management, use less manpower than original sellers and reduce the likelihood of human error.
"Comparisons are drawn between AAs and P&G as both need to understand and manage channels. But offline channels are P&G's turf while AA's focus is online ones."
The operation of offline channels requires a lot of time and manpower while online channels have new rules and characteristics. For AA, investment in data is a long-term effort that yields results over time. If the company seeks to further consolidate the online market share in the long run, human judgment can never be fully relied on to have solid institutionalized capabilities. Without support from data, it is unlikely to interpret customer demand agilely, respond to competition and change rules properly or engage with supply chain partners efficiently. In particular, having been through cycles and failures, we realize that the key is to have our own data.
The advantage of being local
AA, a new model in need of issuing equities and debts, is currently more favored by overseas investors. As the debt market is still underdeveloped in China where early-stage start-ups are unable to issue debt flexibly, recent fundraising of Nebula Brands tends to turn to funds with overseas backgrounds.
Between the two rounds of financing for Nebula Brands, it is a period when both overseas e-commerce market and capital market are under pressure. William Wang said that the current circumstances are forcing latecomers like Nebula Brands to think through what their long-term and unique value is. For example, one of the major topics for the team's daily strategic discussions is what so-called China's advantage is.
One fact is that majorities of the most dynamic sellers with greatest potential on Amazon are in China. Data shows that over 63% of Amazon's top sellers are from China, of which one-third are in Shenzhen. This means Chinese aggregators that acquire third-party sellers enjoy unrivalled advantages of being local, no matter in terms of geographical location or target assessment.
Despite a raft of overseas aggregators marching into the Chinese market, William Wang believed this will not pose too much pressure to Nebula Brands. In his view, the wrestling between Nebula Brands and other AA focuses on winning high-quality projects. But since it is not a zero-sum market, players tend to find their own edges over time and competition often comes along with cooperation. "Less competition is seen this year than last one. This is because a number of AAs with established presence in China start to fade out, and meanwhile overseas aggregators tend to look for projects via intermediaries. Unlike us who seek first-hand projects on our own and compete against intermediaries for exclusivity of projects, AAs involved in projects via intermediaries may find themselves in a black-box bidding process, leading to higher purchase price than the actual value of the assets." William Wang said.
This can be evidenced by a piece of news this year. BBG, one of the leading fundraisers, has withdrawn from the Chinese market at the end of February. According to the analysis made by industry media, it is mainly due to factors such as the efficiency in decision-making and bidding mechanism.
Compared with overseas aggregators who usually only have marketing teams or even no team in China, Nebula Brands and its management are able to communicate directly with sellers when appropriate in terms of acquisition, operation and supply chain. This will boost sellers' trust in the acquirer and they are more willing to share more data and information to explore possibilities of in-depth cooperation in the future.
"For the acquisitions we have completed, many sellers are tied to us in the long term through various forms of cooperation, and have made substantial contributions to the brand growth," William Wang said. The key is to leverage the advantages of sellers in the organization and integrate them into other brands. This means sellers are given more room to perform beyond the original assets, work with exceptional talents to achieve a win-win result. This is also a key highlight to attract sellers compared with overseas aggregators.
The strength of China's supply chain is also crucial. Supply chain uncertainty caused by various reasons is one of the main detriments to sellers' business. Overseas aggregators sometimes face out-of-stock issues as well. For Nebula Brands, being in China does not guarantee an advantage in supply chain. Efforts should be made in stable production scheduling and new product R&D so as to achieve replicable optimization.
"We work with factories with sincerity to persuade them that we are not a disruptor that quickly goes in and out of the business. Instead, we will deploy more resources to make the upstream and downstream of the industry better". William Wang remarked, "Amazon is a platform where product innovation will be highly amplified. The key, as opposed to the changing rankings, is the user needs hiding in massive reviews. We know how to gain insights from reviews, and we are working together with the suppliers to achieve consumer-driven innovation."
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SOURCE Chinaventure.cn | https://www.wafb.com/prnewswire/2022/07/29/interview-nebula-brands-completed-b-round-financing-how-shape-pampg-online/ | 2022-07-29T14:23:36Z | https://www.wafb.com/prnewswire/2022/07/29/interview-nebula-brands-completed-b-round-financing-how-shape-pampg-online/ | true |
NEW YORK, July 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, TSLA, GM, DIS, and AMD.
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SOURCE InvestorsObserver | https://www.wkyt.com/prnewswire/2022/07/29/thinking-about-trading-options-or-stock-amazon-tesla-general-motors-walt-disney-or-advanced-micro-devices/ | 2022-07-29T14:24:14Z | https://www.wkyt.com/prnewswire/2022/07/29/thinking-about-trading-options-or-stock-amazon-tesla-general-motors-walt-disney-or-advanced-micro-devices/ | false |
MADRID (AP) — Spain's leader has proposed an energy-saving move that many men have already embraced.
Spanish Prime Minister Pedro Sánchez has asked government officials and people working in the private sector to save energy by giving up wearing neckties at work.
Appearing at a news conference in an open-necked white shirt and blue jacket, Sánchez explained he had dressed less formally not as a nod to the casual Friday custom but to curb utility use — presumably air-conditioning, but he did not spell that out.
“I´d like you to note that I am not wearing a tie. That means that we can all make savings from an energy point of view," the prime minister said at the news conference called to summarize his government’s annual performance.
He said he encouraged his ministers and public officials, "that if not necessary, don’t use a tie.”
Spain has sweltered for more than a month, with temperatures in parts of the country often surpassing 40 degrees Celsius (104 degrees Fahrenheit). The government has urged people to reduce electricity costs by not overusing air conditioning.
Rising energy costs for households and businesses in Spain has been a major issue in recent months, especially since the Russian invasion of Ukraine in February. Sánchez said the government would present a new energy-saving plan next week, but he gave no details.
He said the plan was designed to cut utility bills and to reduce energy dependency on “the aggressor, (Russian President Vladimir) Putin."
In June, Spain approved economic relief measures worth more than 9 billion euros ($9,2 billion), including reductions in electricity taxes and a one-time payment of 200 euros ($200) for people with low-incomes.
___
Follow all AP stories on climate change issues at https://apnews.com/hub/climate-and-environment. | https://www.beaumontenterprise.com/news/article/Spain-s-leader-advises-going-sans-necktie-to-17337888.php | 2022-07-29T14:24:37Z | https://www.beaumontenterprise.com/news/article/Spain-s-leader-advises-going-sans-necktie-to-17337888.php | true |
The Brand Goes Behind-the-Scenes with Rapper Fat Joe and Wife Lorena Cartagena on Their Own Friendly Food Feud to Unlock an Exclusive DoorDash Deal for Fans to Get a Free Pepsi with Their Dish, Their Way
PURCHASE, N.Y., July 29, 2022 /PRNewswire/ -- Every Hispanic family has their own heated debate on a favorite dish – whether it's the perfect take on arroz con pollo, the right preparation for tacos, a special empanada technique, or what it takes to get the most balanced ceviche. In celebration of this great cultural debate, Pepsi is highlighting the diversity of Latin American cuisine with new content and a reward for fans, to prove that no matter how a signature dish is enjoyed it can be #MejorConPepsi.
To bring the campaign to life Pepsi got behind the scenes of one family's debate, filming as Puerto Rican and Cuban raised rapper Fat Joe and his wife Lorena, of Colombian descent, dove into their own passionate dispute on the "correct" way to make some of their favorite dishes, starting with their most common sources of contention: tacos and arroz con pollo. Fans can tune in to the content to see how Fat Joe and Lorena each enjoy these dishes in their own way.
"I love seeing Pepsi showing up for the culture and highlighting one of the things Lorena and I love the most about it - the cuisine," said Fat Joe. "With my Puerto Rican and Cuban roots and her Colombian ones, there's no hiding the passion and pride we have for the foods we grew up eating. Even if my wife might roll her eyes at my preferences, at the end of the day we both know that no matter where we stand, it's #MejorConPepsi."
In celebration and support of local eats, the brand is also launching an exclusive DoorDash offer for fans to enjoy their own favorite Hispanic dishes. Consumers in New York City, Los Angeles, Miami, Chicago, Dallas and Houston will get $5 off a food order of $15 or more, with purchase of an ice-cold Pepsi or Pepsi Zero Sugar, from select local Hispanic restaurants until August 11, while supplies last.
"This year, the Mejor Con Pepsi campaign is highlighting a cultural truth among many Hispanic families. Our passion for our cuisine is what makes the debates so heated - and fun," said Maria-Teresa Laspisa, PepsiCo Senior Director of Marketing and Innovation. "It's a debate Fat Joe and his wife Lorena could relate to which is why they were the perfect duo to be part of this year's campaign and get the conversation going. We encourage fans to get involved and join the debate by ordering their own local favorites - done their way and #MejorConPepsi."
In its second year, the #MejorConPepsi campaign will highlight key Hispanic dishes from empanadas to arroz con pollo in branded content across TVC, social media, OOH, and retail POS.
In 2020, as part of its Racial Equality Journey Hispanic Initiative, PepsiCo committed $172 million over five years to address issues of inequality and create opportunity for Hispanic Americans within its workforce, business partnerships, and the communities it serves. As part of that, PepsiCo dedicated $50 million to support Hispanic-owned businesses over five years. As a result, PepsiCo launched Juntos Crecemos, a multi-faceted platform aimed at accelerating business recovery for Hispanic small businesses, specifically restaurants, bodegas, and carnicerías disproportionately affected by the pandemic.
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for the planet and people. For more information, visit www.pepsico.com.
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Manatee County issues swim advisories at three more beaches
BRADENTON, Fla. (WWSB) - The Department of Health in Manatee County have issued “no-swim” advisories for three beaches, including Manatee Public Beach North. it was announced Friday.
The advisories have been issued for the following Manatee beaches:
- Bayfront Park North (water sampling site near northernmost access to the park),
- Manatee Public Beach North (water sampling site near Lifeguard Station Tower 1)
- Coquina Beach North (water sampling site near Lifeguard Station Tower 5).
The no-swim advisory issued for Palma Sola South on July 25 remains in effect.
A no-swim advisory is issued when it is thought that contact with the water at the site could make beachgoers sick.
The advisories will be in effect until the waters meet Environmental Protection Agency (EPA) safety guidelines.
Other beaches located in Manatee County are not under advisory.
The Friday warning comes on the heels of Sarasota County issuing advisories on seven beaches:
- Bird Key Park/ Ringling Causeway
- Siesta Key Beach
- Service Club Beach
- Venice Fishing Pier
- Brohard Beach
- Casperson Beach
- Manasota Key
The amount of enterococcus bacteria found during water quality testing on Monday, July 25 was outside acceptable limits, the health department said.
The beaches remain open, but wading, swimming and water recreation is not recommended when no swim advisories are in place.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/29/manatee-county-issues-swim-advisories-three-more-beaches/ | 2022-07-29T14:26:14Z | https://www.mysuncoast.com/2022/07/29/manatee-county-issues-swim-advisories-three-more-beaches/ | false |
HENDERSON, Nev., July 29, 2022 /PRNewswire/ -- VolitionRx Limited (NYSE AMERICAN: VNRX) ("Volition"), a multi-national epigenetics company, announced today the pricing of its underwritten public offering of 3,000,000 shares of its common stock at a public offering price of $2.00 per share. The gross proceeds to Volition from the offering, before deducting the underwriting commissions and other estimated offering expenses payable by Volition, are expected to be $6 million. In addition, Volition has granted the underwriter in the offering a 30-day option to purchase up to an additional 450,000 shares of its common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments in connection with the offering. The offering is expected to close on or about August 2, 2022, subject to the satisfaction of customary closing conditions.
Volition intends to use the net proceeds from the offering for research and continued product development, clinical studies, product commercialization, working capital and other general corporate purposes, including potential strategic acquisitions.
Newbridge Securities Corporation is acting as the sole book-running manager of the offering.
The securities are being offered by Volition pursuant to a "shelf" registration statement on Form S-3 (File No. 333-259783) previously filed with the Securities and Exchange Commission (the "SEC") on September 24, 2021 and declared effective by the SEC on November 8, 2021. The offering is being made only by means of a prospectus supplement and an accompanying base prospectus, as may be further supplemented by any free writing prospectus and/or pricing supplement that the Company may file with the SEC. A preliminary prospectus supplement and an accompanying base prospectus describing the terms of the proposed offering have been filed with the SEC and are available on the SEC's website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying base prospectus relating to the offering can also be obtained, when available, from Newbridge Securities Corporation, Attn: Equity Syndicate Department, 1200 North Federal Highway, Suite 400, Boca Raton, FL 33432, by email at syndicate@newbridgesecurities.com, or by telephone at (877) 447-9625. The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Volition
Volition is a multi-national epigenetics company that applies its Nucleosomics™ platform through its subsidiaries to develop simple, easy-to-use, cost-effective blood tests to help diagnose and monitor a range of life-altering diseases, including some cancers and diseases associated with NETosis such as sepsis and COVID-19. Early diagnosis and monitoring have the potential to not only prolong the life of patients but also improve their quality of life. The tests are based on the science of Nucleosomics™, which is the practice of identifying and measuring nucleosomes in the bloodstream or other bodily fluid—an indication that disease is present. Volition is primarily focused on human diagnostics and monitoring, but also has a subsidiary focused on animal diagnostics and monitoring.
Volition's research and development activities are centered in Belgium, with an innovation laboratory and an office in the U.S. and additional offices in London and Singapore.
Cautionary Note Regarding Forward-Looking Statements
Statements in this press release may be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that concern matters that involve risks and uncertainties that could cause actual results to differ materially from those anticipated or projected in the forward-looking statements. These forward-looking statements reflect the current beliefs and expectations of management and include statements regarding the timing, size and expected gross proceeds of the offering, the expected use of proceeds from the offering, the satisfaction of customary closing conditions related to the offering and sale of securities, the grant to the underwriter of an option to purchase additional shares, and Volition's ability to complete the offering. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Although Volition believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are subject to risks and uncertainties that may cause Volition's actual activities or results to differ materially from those indicated or implied by any forward-looking statement, including, without limitation, due to risks and uncertainties related to market conditions and the satisfaction of closing conditions related to the proposed public offering, risks disclosed in the section titled "Risk Factors" included in the preliminary prospectus supplement filed with the SEC on July 28, 2022, and risks disclosed in other documents Volition files from time to time with the SEC, including Volition's Quarterly Reports on Form 10-Q and its Annual Report on Form 10-K. Forward-looking statements are made as of the date of this release, and, except as required by law, Volition does not undertake an obligation to update its forward-looking statements to reflect future events or circumstances.
Nucleosomics™ and Nu.Q® and their respective logos are trademarks and/or service marks of VolitionRx Limited and its subsidiaries.
Media
Louise Batchelor/Debra Daglish
Volition
mediarelations@volition.com
+44 (0)7557 774620
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Scott Powell
Volition
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+1 (646) 653-7030
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SOURCE VolitionRx Limited | https://www.wafb.com/prnewswire/2022/07/29/volitionrx-limited-announces-pricing-6-million-underwritten-public-offering-common-stock/ | 2022-07-29T14:28:05Z | https://www.wafb.com/prnewswire/2022/07/29/volitionrx-limited-announces-pricing-6-million-underwritten-public-offering-common-stock/ | true |
Manchester United manager Erik ten Hag has made the unprecedented decision to swap the Old Trafford dugouts ahead of his coaching debut this weekend.
The Red Devils are set to host Spanish side Rayo Vallecano this weekend for what is their final pre-season tie ahead of their first Premier League match of the campaign against Brighton & Hove Albion. The game will give the Dutchman an excellent idea of what he still needs to work on building up to kick-off against the Seagulls and will give attending supporters their first taste of Ten Hag’s philosophy at Old Trafford.
Some keen eyed fans might potentially spot a major change to the stadium when they attend with the new Red Devils’ boss having chosen to make quite a major change.
As confirmed by a club statement, the two Old Trafford dugouts have been swapped around. This means that the home dugout will be on the west side of the halfway line, meaning that the hosts will be closer to the tunnel and the Stretford End. The away side will now be stationed on the other side and as a result closer to the travelling support.
Ten Hag’s visit to Old Trafford shortly after his official unveiling in May apparently played a considerable role in the switch with the Dutchman giving his approval to the swap itself having noticed that the away dugout was closer to the tunnel.
It remains to be seen if the switch benefits the Red Devils at all but Ten Hag will certainly be hopeful of bettering the club’s fortunes following a wretched season last time out.
Where will Man Utd finish in the Premier League this season? Share your thoughts in the comments below
United are currently undefeated in pre-season having earned wins against Liverpool, Melbourne Victory and Crystal Palace before they were held 2-2 by Aston Villa. Whilst they will play Vallecano on Sunday, the Red Devils also do battle with another Spanish side before that with a showdown with Atletico Madrid in Norway.
It is currently unclea how the squad will be split for the game but one man who certainly won’t be appearing is Cristiano Ronaldo. The Portuguese striker has been linked with a move to the Wanda Metropolitano this summer after handing in a transfer request to Man Utd.
His agent Jorge Mendes has approached Atleti regarding a transfer but the club’s fans have taken an exception to any move having unfurled a banner opposing his arrival during a pre-season clash with Spanish minnows Numancia.
His absence is not suggested to be related but instead is training away from the squad with his fitness some way behind the rest of his teammates.
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Read More | https://www.mirror.co.uk/sport/football/news/ten-hag-old-trafford-change-27610750 | 2022-07-29T14:31:29Z | https://www.mirror.co.uk/sport/football/news/ten-hag-old-trafford-change-27610750 | true |
NEW YORK, July 29, 2022 /PRNewswire/ -- Timescale is proud to announce the results of its 2022 State of PostgreSQL survey. Timescale is the maker of TimescaleDB, the open-source relational database for time-series and one of the most popular PostgreSQL extensions. This year, nearly 1000 respondents participated in the 4-week survey providing developers unique insight into the PostgreSQL market.
The State of PostgreSQL survey provides more significant insights into PostgreSQL features and the broader PostgreSQL community. In 2019, the first edition of the report was released with feedback collated from over 500 developers. In 2021, the second edition of the report sampling close to 500 participants was released. In both years, respondents were mainly software developers/engineers, software architects, and database administrators from the EMEA (Europe, Middle East, Africa) region accounting for 65% participation, North America 25.9%, and South America 7%.
"By organizing and delivering the State of PostgreSQL report, we help developers and developer-centric companies and communities better understand what is happening with Postgres today: the different types of Postgres users, the kinds of use cases they are tackling, the places they go to share and learn, how that is all changing, and the opportunities for improvement in the Postgres community overall," said Ajay Kulkarni, Chief Executive Officer. "This also gives us an opportunity to give back to the broader PostgreSQL community, a community we are proud to be a part of and that has been very helpful to us."
This year, as participation in the survey increased, so did the popularity of PostgreSQL. Key findings from this year's report include why respondents use PostgreSQL, how they contribute to the community, adoption across organizations, and favorite tools and extensions.
Other highlights include:
Over three-quarters of respondents report using PostgreSQL for personal projects. 95% of all respondents use PostgreSQL at work, and 73.5% use Postgres for both personal and professional projects.
Open source ranked as the #1 reason people choose PostgreSQL (19.3%), followed by reliability (16.5%) and extensions (9.9%). This shows that Open source continues to be a high value proposition for most users.
44% of PostgreSQL users with 15+ years of experience have contributed to PostgreSQL at least once. Among those with less than 15 years of experience, only 12% have contributed to PostgreSQL. This percentage represents a great opportunity for the PostgreSQL community to welcome new people and ideas into the fold. (For more information, read our guide to contributing to PostgreSQL)
The majority of respondents (76.2%) identified technical documentation as their preferred way of learning about PostgreSQL, followed by long-form blog posts (51.5%) and short-form blog posts (43.3%). Respondents with less than five years of PostgreSQL experience prefer video over long-form and short-form blog posts.
One of the most powerful aspects of PostgreSQL is its rich extensibility model. Developers mix and match several purpose-built extensions to help them build more compelling applications. This year's list of most favored extensions is stable compared to last year:
For more information see our blog post about the top PostgreSQL extensions.
Of the respondents who use tools to connect PostgreSQL for queries and administration tasks, psql (69.4%), pgAdmin (35.3%), and DBeaver (26.2%) were the top three choices. For more information, see our blog post on PostgreSQL tools, in addition to psql.
Compared to 2019 and 2021, fewer respondents reported self-managing their PostgreSQL database. It appears that PostgreSQL users are increasingly using DBaaS providers for deploying PostgreSQL. Of those who deploy PostgreSQL as a Kubernetes container, 44% use Helm, 16% use Crunchy Operator, and 7% use Zalando Operator.
For more information and to view the full report, visit here.
Timescale is the creator of TimescaleDB; the industry-leading database for time-series. Tens of thousands of organizations trust TimescaleDB today with their mission-critical time-series applications. The company is dedicated to serving software developers and businesses worldwide, enabling them to build the next wave of computing. Timescale is a remote-first company with a global workforce and is backed by Tiger Global, Benchmark Capital, New Enterprise Associates, Redpoint Ventures, Icon Ventures, Two Sigma Ventures, and other leading investors. For more information, visit www.timescale.com or follow @TimescaleDB.
Contacts
PRESS CONTACT:
Kelvin Steve
Senior Communications Manager
press@timescale.com
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SOURCE Timescale | https://www.mysuncoast.com/prnewswire/2022/07/29/timescale-releases-third-state-postgresql-report/ | 2022-07-29T14:31:36Z | https://www.mysuncoast.com/prnewswire/2022/07/29/timescale-releases-third-state-postgresql-report/ | false |
After months of deadlock, Senate Democrats are pushing ahead with some of President Biden's top legislative issues. NPR's A Martinez talks to Rep. Pramila Jayapal of Washington about the progress.
Copyright 2022 NPR
After months of deadlock, Senate Democrats are pushing ahead with some of President Biden's top legislative issues. NPR's A Martinez talks to Rep. Pramila Jayapal of Washington about the progress.
Copyright 2022 NPR | https://www.wvpublic.org/2022-07-29/a-deal-on-climate-taxes-and-other-issues-is-a-big-step-forward-rep-jayapal-says | 2022-07-29T14:35:10Z | https://www.wvpublic.org/2022-07-29/a-deal-on-climate-taxes-and-other-issues-is-a-big-step-forward-rep-jayapal-says | true |
Man shoots, kills two people at nail salon before shot by police
Published: Jul. 29, 2022 at 10:22 AM EDT|Updated: 12 minutes ago
NICHOLAS COUNTY, W.Va. (WSAZ) – A man was shot by police Friday evening as officers responded to a deadly active shooter situation at a nail salon, according to the Summersville Police Department.
Department officials say the shooter is accused of shooting and killing two people at Joe’s Nails in Summersville.
When officers arrived on scene at 6:38 p.m., they returned fire, shooting the man, officials report.
According to the police department, the man was taken to the hospital where he was pronounced dead.
West Virginia State Police is investigating the deadly shooting.
Keep checking the WSAZ app for the latest information.
Copyright 2022 WSAZ. All rights reserved. | https://www.wsaz.com/2022/07/29/man-shoots-kills-two-people-nail-salon-before-shot-by-police/ | 2022-07-29T14:35:47Z | https://www.wsaz.com/2022/07/29/man-shoots-kills-two-people-nail-salon-before-shot-by-police/ | false |
Procter & Gamble’s sales rose 3% in the fiscal fourth quarter, but the world’s largest consumer products maker gave a lackluster fiscal 2023 sales forecast as it contends with rising commodity and freight costs.
Shares of the Cincinnati-based company dropped 5% in morning trading Friday.
Like many businesses, P&G is dealing with consumers pulling back on their spending as they worry about inflation and a possible recession.
“The operational cost and currency challenges we faced over the last two years will continue in fiscal 2023. We began the new fiscal year with consumers facing inflation levels not seen in the last 40 years,” Chairman and CEO Jon Moeller said during a conference call.
Despite consumers’ growing concerns, P&G’s revenue climbed to $19.52 billion from $18.9 billion during the quarter, helped by higher prices. This topped the $19.39 billion that analysts surveyed by Zacks Investment Research were looking for.
The company reported sales growth in its health care, fabric and home care and baby, feminine and family care segments. Its brands include Tide detergent, Gillette razors and Pampers diapers.
P&G earned $3.05 billion, or $1.21 per share, for the April through June period. That’s 2 cents shy of what Wall Street expected.
The company reported fiscal 2022 sales of $80.2 billion and earnings of $5.81 per share.
For fiscal 2023, P&G foresees sales to be flat to up 2% from the prior year. Earnings are anticipated to be flat to up 4% from the previous year’s $5.81 per share. Analysts polled by FactSet expect sales of $81.89 billion and earnings of $6.02 per share. | https://www.seattletimes.com/business/pgs-sales-climb-in-q4-but-cautious-on-fiscal-2023-outlook/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2022-07-29T14:40:17Z | https://www.seattletimes.com/business/pgs-sales-climb-in-q4-but-cautious-on-fiscal-2023-outlook/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | false |
MADRID (AP) — Spain's leader has proposed an energy-saving move that many men have already embraced.
Spanish Prime Minister Pedro Sánchez has asked government officials and people working in the private sector to save energy by giving up wearing neckties at work.
Appearing at a news conference in an open-necked white shirt and blue jacket, Sánchez explained he had dressed less formally not as a nod to the casual Friday custom but to curb utility use — presumably air-conditioning, but he did not spell that out.
“I´d like you to note that I am not wearing a tie. That means that we can all make savings from an energy point of view," the prime minister said at the news conference called to summarize his government’s annual performance.
He said he encouraged his ministers and public officials, "that if not necessary, don’t use a tie.”
Spain has sweltered for more than a month, with temperatures in parts of the country often surpassing 40 degrees Celsius (104 degrees Fahrenheit). The government has urged people to reduce electricity costs by not overusing air conditioning.
Rising energy costs for households and businesses in Spain has been a major issue in recent months, especially since the Russian invasion of Ukraine in February. Sánchez said the government would present a new energy-saving plan next week, but he gave no details.
He said the plan was designed to cut utility bills and to reduce energy dependency on “the aggressor, (Russian President Vladimir) Putin."
In June, Spain approved economic relief measures worth more than 9 billion euros ($9,2 billion), including reductions in electricity taxes and a one-time payment of 200 euros ($200) for people with low-incomes.
___
Follow all AP stories on climate change issues at https://apnews.com/hub/climate-and-environment.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.mynews13.com/fl/orlando/ap-top-news/2022/07/29/spains-leader-advises-going-sans-necktie-to-conserve-energy | 2022-07-29T14:41:12Z | https://www.mynews13.com/fl/orlando/ap-top-news/2022/07/29/spains-leader-advises-going-sans-necktie-to-conserve-energy | false |
12:30 p.m. Panel: The Movies: Where to Now? Discuss the impact of streaming services on the film industry, including movie theaters and festivals. Free event at Clinch Park.
9:30 p.m. Open Space: Watch “Alien” (rated R) outdoors at West Grand Traverse Bay. | https://www.record-eagle.com/news/local_news/film-festival-schedule-07-29-2022/article_1017098c-09cd-11ed-a804-bbd45f5218d5.html | 2022-07-29T14:41:12Z | https://www.record-eagle.com/news/local_news/film-festival-schedule-07-29-2022/article_1017098c-09cd-11ed-a804-bbd45f5218d5.html | true |
RESEARCH TRIANGLE PARK, N.C., July 29, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions that enable brands and retailers to increase global sales, has received the Triangle Business Journal's 2022 Best Places to Work Award for the eighth time. The annual workplace award recognizes companies for creating a work environment that employees value.
"We are extremely proud to win the TBJ's Best Place work award for the 8th time," said Stephanie Levin, vice president of human resources at ChannelAdvisor. "Recognition from our employees is one of the highest achievements we can attain. This award exemplifies ChannelAdvisor's continued commitment to creating a great work environment and culture. At ChannelAdvisor, every employee makes a difference in the game-changing work we are doing in the e-commerce industry. We work hard to create a culture that provides a strong sense of belonging, where every employee feels respected, accepted, and included."
ChannelAdvisor has been in the middle of e-commerce for more than 20 years, providing a dynamic work environment that involves working with many of the largest global tech platforms, brands, and retailers. To support employees, ChannelAdvisor focuses on four pillars:
- Together We Win.
- Work Where It Works.
- Take Time to Recharge.
- Give Back to Our Communities.
Translating these principles into action by offering employees a flexible work policy, a strong benefits package with a focus on the 'whole person' - including programs for work-life balance, quarterly wellness day, an Employee Assistance Program, access to meditation tools, and a day of paid time off each calendar year to be used for volunteering and/or community service.
Additionally, in 2020, ChannelAdvisor formed a DE&I Task Force to help foster a workplace that embraces and encourages diversity, equity, and inclusion. In 2021, the company released an annual DE&I report, noting that 100% of employees completed unconscious bias training, seven new Employee Resource Groups (ERGs) were launched, each with an executive sponsor, and reported a $3 million deposit at M&F Bank, a historic Durham-based community bank committed to personal and community development in North Carolina.
"Our commitment is to keep ChannelAdvisor a great place to work through our flexible work policy, a strong 'promote from within' culture, and new wellness programs designed to help our employees balance work and family have proven popular," continued Levin. "We will continue to focus on maintaining a great work environment for our employees."
For more details about ChannelAdvisor, visit ChannelAdvisor's blog, follow ChannelAdvisor on Twitter @ChannelAdvisor, like ChannelAdvisor on Facebook and connect with ChannelAdvisor on LinkedIn.
About ChannelAdvisor
ChannelAdvisor (NYSE: ECOM) is a leading multichannel commerce platform whose mission is to connect and optimize the world's commerce. For over two decades, ChannelAdvisor has helped brands and retailers worldwide improve their online performance by expanding sales channels, connecting with consumers across the entire buying cycle, optimizing their operations for peak performance, and providing actionable analytics to improve competitiveness. Thousands of customers depend on ChannelAdvisor to securely power their e-commerce operations on channels such as Amazon, eBay, Google, Facebook, Walmart, and hundreds more. For more information, visit www.channeladvisor.com.
Media Contact:
Caroline Riddle
ChannelAdvisor
caroline.riddle@channeladvisor.com
(919) 439-8026
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SOURCE ChannelAdvisor Corporation | https://www.kbtx.com/prnewswire/2022/07/29/channeladvisor-wins-best-places-work-award-eighth-time/ | 2022-07-29T14:44:36Z | https://www.kbtx.com/prnewswire/2022/07/29/channeladvisor-wins-best-places-work-award-eighth-time/ | false |
BOGOTA, Colombia, July 29, 2022 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces the discovery of a natural gas accumulation in the Uchuva-1 exploratory well in the Tayrona Block, drilled in Colombian deep waters, in which Petrobras acts as operator with a 44.4% stake and Ecopetrol with a 55.6% stake.
This gas discovery is aligned with Ecopetrol's 2040 energy transition strategy and increases the prospects for developing a new exploration and production frontier in the northern Colombian Caribbean.
The contractor will continue the activities in the Tayrona Block with the objective of validating the dimensions of the new gas accumulation.
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For more information, please contact:
Head of Capital Markets
Tatiana Uribe Benninghoff
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Mauricio Téllez
Email: mauricio.tellez@ecopetrol.com.co
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SOURCE Ecopetrol S.A. | https://www.kmvt.com/prnewswire/2022/07/29/ecopetrol-announces-deepwater-gas-discovery-colombia/ | 2022-07-29T14:45:38Z | https://www.kmvt.com/prnewswire/2022/07/29/ecopetrol-announces-deepwater-gas-discovery-colombia/ | true |
Jury concludes that Kurin used Magnolia Medical's patented Initial Specimen Diversion Device® technology without permission
SEATTLE, July 29, 2022 /PRNewswire/ -- A jury for the U.S. District Court of Delaware delivered two unanimous verdicts this week in favor of Magnolia Medical Technologies, Inc. ("Magnolia Medical") in a lawsuit against Kurin, Inc., ("Kurin") regarding the unlawful use of its innovative Initial Specimen Diversion Device® (ISDD®) technology. After a two-phased trial and short deliberations, the jury confirmed that Kurin has used Magnolia Medical's patented technology, which is clinically proven to significantly reduce blood culture contamination, without the company's permission. The jury also validated Magnolia Medical's patented technology and awarded significant damages in their final verdict.
"Magnolia Medical Technologies is gratified by the jury's unanimous verdicts in our favor this week, finding that Kurin, Inc. unlawfully used our innovative technology without permission," said Magnolia Medical's CEO and Co-Founder Greg Bullington. "The verdicts reflect extensive evidence presented across two phases of trial, affirming the value of our innovative Steripath® Initial Specimen Diversion Device® technology and our leading position in the blood culture collection and contamination prevention market."
A pioneer in both technique and technology for blood culture collection for sepsis testing, Magnolia Medical has partnered with hundreds of U.S. hospitals and healthcare systems to address the problem of blood culture contamination with Steripath®. Reducing blood culture contamination, which can contribute to a misdiagnosis of sepsis and unnecessary administration of broad-spectrum antibiotics, is one of the most effective methods in preventing multi-drug resistant organisms (MDROs) and avoiding antibiotic-related infections like Clostridioides difficile Infection (CDI), reducing extended length of stay and healthcare costs.
"We take great pride in being an evidence-based company and having the only FDA 510(k)-cleared platform specifically indicated to reduce blood culture contamination, and the only all-in-one device that meets the CDC's new evidence-based guidelines for reducing blood culture contamination," Bullington added.
Bullington concluded, "Magnolia Medical is deeply committed to our Mission to ZERO®, with the goal of eliminating sepsis misdiagnosis. We have invested more than a decade of effort and resources into clinical research, product development, and market development to achieve this goal. This week's verdicts validate our work and support our strategy to establish a new standard of care for sepsis testing accuracy."
Magnolia Medical Technologies develops, manufactures, and markets innovative blood and bodily fluid collection devices to facilitate significant improvements in the accuracy, consistency, and predictability of critical laboratory tests. Magnolia Medical invented and patented the Initial Specimen Diversion Technique® (ISDT®) and Initial Specimen Diversion Device® (ISDD®) for blood culture collection and contamination prevention. The company has amassed an intellectual property portfolio, including more than 100 issued method, apparatus, and design patents with more than 70 additional patent applications pending. For more information, visit www.magnolia-medical.com.
- Indicated to reduce the frequency of blood culture contamination when contaminants are present, compared to standard method controls without diversion.
- CDC Blood Culture Contamination Prevention Actions: An Overview of Infection Control and Antibiotic Stewardship Programs Working with the Clinical Laboratory. July 2022
- CDC National Email Update to Clinicians. Clinicians: Use this guide to decrease blood culture contamination rates. July 22, 2022
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SOURCE Magnolia Medical Technologies | https://www.kbtx.com/prnewswire/2022/07/29/magnolia-medical-technologies-wins-patent-infringement-lawsuit-against-kurin-inc/ | 2022-07-29T14:46:11Z | https://www.kbtx.com/prnewswire/2022/07/29/magnolia-medical-technologies-wins-patent-infringement-lawsuit-against-kurin-inc/ | false |
NO. 22-4-00088-3
PROBATE NOTICE TO CREDITORS
RCW 11.40.020, .030
SUPERIOR COURT OF WASHINGTON
FOR PIERCE COUNTY
Estate of
WILLIAM G. FARMER, Deceased.
PLEASE TAKE NOTICE
The above Court has appointed me as Personal Representative of Decedent’s estate. Any person having a claim against the Decedent must present the claim: (a) Before the time when the claim would be barred by any applicable statute of limitations, and (b) In the manner provided in RCW 11.40.070: (i) By filing the original of the claim with the foregoing Court, and (ii) By serving on or mailing to me at the address below a copy of the claim. The claim must be presented by the later of: (a) Thirty (30) days after I served or mailed this Notice as provided in RCW 11.40.020(1)(c), or (b) Four (4) months after the date of first publication of this Notice. If the claim is not presented within this time period, the claim will be forever barred except as provided in RCW 11.40.051 and 11.40.060. This bar is effective for claims against both the Decedent’s probate and non-probate assets.
Date of First Publication of this Notice: July 22, 2022
/s/John Cain
Personal Representative
Hari Alipuria, At
902 South 10th street
Tacoma WA. 98405
253-272-2206
IDX-959450
July 29, August 5, 12, 2022 | https://www.tacomadailyindex.com/blog/no-22-4-00088-3-notice-to-creditors/2458533/ | 2022-07-29T14:48:25Z | https://www.tacomadailyindex.com/blog/no-22-4-00088-3-notice-to-creditors/2458533/ | true |
WASHINGTON (AP) — The Biden administration said Friday it has reached an agreement with Moderna to buy 66 million doses of the company’s next generation of COVID-19 vaccine that targets the highly transmissible omicron variant, enough supply this winter for all who want the upgraded booster.
The order of the bivalent shot follows the announcement last month that the federal government had secured 105 million doses of a similar vaccine from rival drugmaker Pfizer. Both orders are scheduled for delivery in the fall and winter, assuming regulators sign off on their effectiveness.
The omicron strain has been dominant in the U.S. since December, with the BA.5 subvariant now causing a massive wave of infections across the country, even infecting President Joe Biden.
“We must stay vigilant in our fight against COVID-19 and continue to expand Americans’ access to the best vaccines and treatments,” Health and Human Services Secretary Xavier Becerra said in a statement. “As we look to the fall and winter, we’re doing just that — ensuring Americans have the tools they need to stay safe and help keep our nation moving forward.”
The U.S. orders with Pfizer and Moderna include options to purchase 300 million doses each, but reaching that total will require more funding from Congress, the Biden administration said.
About 261 million Americans have received at least one COVID-19 shot, but only 108 million have received a booster. | https://www.koin.com/news/health/coronavirus/white-house-moderna-reach-deal-for-omicron-covid-19-vaccine/ | 2022-07-29T14:48:46Z | https://www.koin.com/news/health/coronavirus/white-house-moderna-reach-deal-for-omicron-covid-19-vaccine/ | false |
Live from Patriots training camp: Here's what you need to know about Day 3
FOXBORO – Welcome to Day 3 of Patriots training camp.
Once again, the Pats will practice at 9:30 a.m. on Friday with gates opening up at 8 a.m. These practices are free and open to the public.
For the first two days of camp, the Patriots have been focused on the red zone. All their team drills have been near the goal line. On Day 1, the offense starred. On Day 2, it was the defense who looked the strongest.
“The team generally did a good job trying to do what we needed to do,” Bill Belichick said. “We need to clean up things, start to improve every day, we’ll do that, move onto new situations related to what we did yesterday, but always things to work on and mistakes to correct from yesterday. Not a lot to report here, just trying to keep getting better every day and keep moving in the right direction.”
Game Changer:Here's why DeVante Parker looks like the Patriots next No.1 receiver
The Patriots will practice Friday and Saturday before having a day off on Sunday. Stay tuned as we’ll have you up to date with everything that transpires right here. | https://www.providencejournal.com/story/sports/nfl/patriots/2022/07/29/new-england-patriots-nfl-training-camp-live-updates/10175763002/ | 2022-07-29T14:48:49Z | https://www.providencejournal.com/story/sports/nfl/patriots/2022/07/29/new-england-patriots-nfl-training-camp-live-updates/10175763002/ | false |
ATLANTA, July 29, 2022 /PRNewswire/ -- World Micro, Inc., a global distributor providing unique solutions to complex supply chain challenges, is proud to share that CEO, Dan Ellsworth, is participating in the Vietnam: Gateway to Southeast Asia speaking engagement.
This conference, hosted by the Global Atlanta News Organization, will take place on August 8th and will feature numerous proprietors. Each speaker will present on their experiences in conducting business in one of the fastest growing consumer and tech ecosystems in the world. CEO Dan Ellsworth had this to say regarding his involvement:
"There are so many great opportunities for business expansion in Southeast Asia, and it really speaks to the diversity Atlanta has to offer for this business delegation to invest their time in visiting here; with Atlanta being the 'business hub' of the South, this event offers growth-oriented companies a unique chance to learn more about the business opportunities the Atlanta area brings."
Link to register for tickets to this speaking engagement. Vietnam: Gateway to Southeast Asia - Global Atlanta
World Micro and its wholly owned subsidiary, MIT Distributors, are global franchised distributors specializing in commodities such as electronic components, specialty hardware, wire & cable, electromechanical, and interconnect products. Our capabilities include global sourcing & procurement, kitting & assembly, inventory management programs, AOG fulfillment, quality testing & inspection, ITAR/export compliance, and engineering & technical support. By focusing on quality systems & custom-tailored programs, World Micro and MIT are able to provide supply chain solutions that exceed our customers' rigid requirements and expectations. We are ISO 9001:2015, AS9120, AC 00-56, and Small Business Certified, ITAR Registered, and ERAI Members.
Visit us on LinkedIn
www.linkedin.com/company/world-micro-components
CONTACT: Nick Ricci, nricci@worldmicro.com
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SOURCE World Micro, Inc. | https://www.kbtx.com/prnewswire/2022/07/29/world-micro-ceo-participating-southeast-asia-trade-investment-speaking-engagement/ | 2022-07-29T14:49:11Z | https://www.kbtx.com/prnewswire/2022/07/29/world-micro-ceo-participating-southeast-asia-trade-investment-speaking-engagement/ | false |
WASHINGTON — A $1.1 billion lottery prize will be on the line during Friday night's drawing for Mega Millions.
The drawing will happen at 11 p.m. Eastern time (10 p.m. Central/8 p.m. Pacific) and takes place in Atlanta, Georgia. While we'll quickly know the six numbers that are drawn, it may take a couple hours before lottery officials confirm whether or not there's been a winner. Mega Millions said its website crashed for two hours after Tuesday's drawing because of record-breaking website traffic when people rushed to check if they had picked the winning numbers.
The massive jackpot is the nation's third-largest prize of any lottery game in the U.S. and is the result of 29 consecutive drawings without anyone matching all of the game's six numbers. The last time someone hit the Mega Millions jackpot was April 15.
What are the odds of winning Mega Millions? How much do tickets cost?
Before rushing out to spend $2 on a ticket, keep in mind that the odds of winning the Mega Millions jackpot are a staggering 1 in 302.5 million, regardless of how big the prize grows.
You do increase your odds of winning if you buy more tickets but before laying down $100 for 50 tries, keep in mind that in the big scheme of things, 50 chances out of 302.5 million isn’t much better than one. For example, the founder of a fast food chain bought 50,000 tickets for Tuesday's drawing and came up short.
The $1.1 billion prize is for players who get their winnings through an annuity, paid annually over 29 years. Nearly all winners take the cash option, which for Friday’s drawing is an estimated $648.2 million.
When can you buy Mega Millions tickets until?
It can vary in some places, but the general rule is that sales close at 10:45 p.m. EST on Friday, July 29. Be sure to check with local retailers though.
If no one wins the jackpot Friday night, the prize will grow even larger ahead of the next drawing Tuesday night.
There has only been one Mega Millions jackpot that has been larger to date. A $1.537 billion prize was won in Oct. 2018 by a South Carolina woman who was visiting Greenville and decided to purchase a ticket, according to the lottery. As allowed by South Carolina law, the woman has remained anonymous and picked the one-time cash option of $877,784,124. That winning ticket remains the world's largest lottery prize ever won by a single ticket, according to the lottery's announcement.
What are the top 10 biggest Mega Millions jackpots?
1. $1.537 billion - 10/23/2018
2. $1.100 billion - 7/29/2022 - Estimated
3. $1.050 billion - 1/22/2021
4. $656 million - 3/30/2012
5. $648 million - 12/17/2013
6. $543 million - 7/24/2018
7. $536 million - 7/8/2016
8. $533 million - 3/30/2018
9. $522 million -6/7/2019
10. $516 million - 5/21//2021
What are the 10 largest US lottery jackpots ever won?
1. $1.586 billion, Powerball, Jan. 13, 2016 (three tickets, from California, Florida, Tennessee)
2. $1.537 billion, Mega Millions, Oct. 23, 2018 (one ticket, from South Carolina)
3. $1.05 billion, Mega Millions, Jan. 22, 2021 (one ticket, from Michigan)
4. $768.4 million, Powerball, March 27, 2019 (one ticket, from Wisconsin)
5. $758.7 million, Powerball, Aug. 23, 2017 (one ticket, from Massachusetts)
6. $731.1 million, Powerball, Jan. 20, 2021 (one ticket, from Maryland)
7. $699.8 million, Powerball, Oct. 4, 2021 (one ticket, from California)
8. $687.8 million, Powerball, Oct. 27, 2018 (two tickets, from Iowa and New York)
9. $656 million, Mega Millions, March 30, 2012 (three tickets, from Kansas, Illinois and Maryland)
10. $648 million, Mega Millions, Dec. 17, 2013 (two tickets, from California and Georgia)
Mega Millions is played on Tuesdays and Fridays in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. | https://www.wfaa.com/article/news/nation-world/mega-millions-july-29-what-time-is-the-drawing-tonight/507-60a23816-2e69-4a07-935c-8bf93f59d69e | 2022-07-29T14:51:11Z | https://www.wfaa.com/article/news/nation-world/mega-millions-july-29-what-time-is-the-drawing-tonight/507-60a23816-2e69-4a07-935c-8bf93f59d69e | false |
(The Hill) — In what they hope to be a preview of the November midterms, Republicans shut out Democrats 10-0 in the annual Congressional Baseball Game at Nationals Park on Thursday, led by the efforts of pitcher Rep. Greg Steube (R-Fla.).
The game brought lawmakers together in a show of bipartisanship to support local charities, with this year’s event securing a record-high number of ticket sales and donations, raising more than $1.7 million for such organizations as The Washington Literary Center and the Boys and Girls Clubs of Greater Washington.
Second Gentleman Doug Emhoff marked the game’s commencement, yelling “play ball” before Roberto Clemente Jr., former professional baseball player and son of MLB Hall of Famer Roberto Clemente, threw the first pitch. The game started with Rep. Pete Aguilar (D-Calif.) on the pitcher’s mound and Rep. Steve Scalise (R-La.) first up at bat to an eruption of cheers.
Scalise was shot and injured at a Republican practice leading up to the 2017 Congressional Baseball Game. The Louisiana lawmaker has continued to participate in the game since his recovery.
As the lawmakers played it out on the field, the political activism of Washington found its way to the front steps of the ballpark.
The Capitol Police heightened security at Nationals Park as climate activists threatened to “shut it down” if lawmakers did not make tangible steps toward passing climate change legislation. At least three individuals were arrested for unlawful entry after blocking one of the park entrances.
Despite activists’ threats to stop the event even after Sen. Joe Manchin (D-W.Va.) and Senate Majority Leader Charles Schumer (D-N.Y.) reached a deal to combat climate change on Wednesday, the game continued until a fourth-inning rain delay with the Republicans leading 4-0. The crowd erupted into cheers when lawmakers returned to the field thirty minutes later.
Rep. August Pfluger (R-Tex.) replaced Steube on the mound after he threw five shutout innings. Pfluger struck out two, including Sen. Jon Ossoff (D-Ga.), and helped the GOP out of a jam when the bases were loaded in the bottom of the sixth inning.
Ossoff took the mound in the seventh inning but allowed 5 runs, ballooning the Republican lead to the final score of 10-0.
Pfluger took the GOP the rest of the way, closing the game in the seventh inning and securing his party the win for the second year in a row, marking only their third win since 2009. | https://www.cenlanow.com/national/republicans-victorious-at-nationals-park-for-second-straight-year/ | 2022-07-29T14:52:17Z | https://www.cenlanow.com/national/republicans-victorious-at-nationals-park-for-second-straight-year/ | true |
You need to enable JavaScript to run this app. | https://sportspyder.com/nhl/chicago-blackhawks/articles/40219810 | 2022-07-29T14:57:18Z | https://sportspyder.com/nhl/chicago-blackhawks/articles/40219810 | false |
ALEXANDRIA, Va., July 29, 2022 /PRNewswire/ -- NATSO, representing America's truckstops and travel plazas, and SIGMA: America's Leading Fuel Marketers, strongly urge lawmakers to oppose the Inflation Reduction Act of 2022 unless it provides tax parity between the biodiesel tax credit (BTC) and newly proposed sustainable aviation fuel (SAF) tax credit.
fuel supply. The cost of everyday household goods and home heating bills
will soar as the availability of biodiesel and renewable diesel decreases.
Aggregate greenhouse gas emissions also will increase across the
transportation sector.
Although the bill extends the biodiesel and renewable diesel tax credit, it provides a higher tax credit of up to $1.75 for sustainable aviation fuel (SAF) production.
A higher tax credit for SAF will undercut America's fuel supply. The cost of everyday household goods and home heating bills will soar as the availability of biodiesel and renewable diesel decreases. Aggregate greenhouse gas emissions also will increase across the transportation sector.
"This legislation purports to create a 'technology neutral' clean fuels tax scheme, which fuel retailers have long supported. Favorable treatment for SAF flies in the face of this approach," said David Fialkov, NATSO Executive Vice President of Government Affairs, speaking on behalf of NATSO and SIGMA. "SAF is less beneficial for the environment than renewable diesel and is going to cost taxpayers more. Providing more favorable tax treatment for a technology that has fewer environmental benefits undermines the intellectual integrity of the climate provisions in this bill. If special treatment for SAF was motivated by unique environmental benefits, it could fit neatly within what is otherwise a tech-neutral construct that applies to every other fuel under the bill."
The trucking industry delivers more than 80 percent of America's goods and relies on biofuels, like renewable diesel and biodiesel, to keep emissions low. If Congress passes a higher tax incentive for SAF, America's supply of biofuels will become limited and more expensive. American consumers will pay more for all goods hauled by truck.
A higher SAF tax credit also means that American taxpayers will foot the bill for another airline industry handout, just two years after their most recent billion-dollar bailout.
SAF is more energy intensive to produce and saves less carbon emissions than renewable diesel. This additional incentive for SAF will undercut and eventually eliminate America's biodiesel and renewable diesel market as disproportionate pressure is placed on feedstock. Because they compete for the same feedstock and have comparable emissions benefits, it is critical that lawmakers incentivize renewable diesel and sustainable aviation fuel at parity.
NATSO and SIGMA strongly urge lawmakers to oppose the Inflation Reduction Act of 2022 unless it puts the environment and economy first by providing parity between the BTC and SAF.
NATSO is the trade association of America's travel plaza and truckstop industry. Founded in 1960, NATSO represents the industry on legislative and regulatory matters; serves as the official source of information on the diverse travel plaza and truckstop industry; provides education to its members; conducts an annual convention and trade show; and supports efforts to generally improve the business climate in which its members operate. For more information, visit NATSO.com.
SIGMA: America's Leading Fuel Marketers represents a diverse membership of approximately 260 independent chain retailers and marketers of motor fuel. While 67 percent are involved in gasoline retailing, 83 percent are involved in wholesaling, 56 percent transport product, 39 percent have bulk plant operations, and 20 percent operate terminals. Member retail outlets come in many forms including truckstops, traditional "gas stations," convenience stores with gas pumps, cardlocks, and unattended public fueling locations.
Contact: Tiffany Wlazlowski Neuman
Vice President, Public Affairs
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SOURCE NATSO | https://www.wsaz.com/prnewswire/2022/07/29/fuel-retailers-urge-lawmakers-oppose-inflation-reduction-act-2022/ | 2022-07-29T15:02:48Z | https://www.wsaz.com/prnewswire/2022/07/29/fuel-retailers-urge-lawmakers-oppose-inflation-reduction-act-2022/ | false |
*Click here for image assets
NEW YORK, July 29, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today announced that Pamela Kaufman, President of Global Consumer Products and Experiences for Paramount, has been appointed President and CEO of International Markets, Global Consumer Products & Experiences, effective immediately. This newly created position reports to Bob Bakish, President and CEO of Paramount, and reflects Paramount's ongoing strategy of globalizing its operations. Raffaele Annecchino has decided to leave the company in his role as President and CEO of Paramount International Networks, Studios and Streaming.
In her expanded role, Kaufman will be responsible for driving the continued growth of Paramount's international business and ensuring the strength of the company's international operations across six continents, including broadcast and cable networks, streaming and studios, and the Company's commercial capabilities. She will work closely with Paramount's international leadership team, as well as the global content and streaming organization to do so, including helping to guide the continued international rollout of Paramount+ and Pluto TV. Kaufman will maintain her current responsibilities overseeing the global multi-billion-dollar consumer products and experiences organization.
"Pam has been the strategic force behind growing and expanding some of the most iconic global franchises and properties in entertainment," said Bakish. "She is a proven and trusted, visionary leader who has transformed our consumer products organization by driving innovation and operating as a global business. Pam is uniquely qualified to lead our international business as we expand and diversify our worldwide footprint and accelerate Paramount's transformation to operating with a truly global approach."
Bakish added, "I want to extend my thanks to Raffaele Annecchino for the critical role he has played in building Paramount's international business and expanding our global footprint. I am grateful for the dedication he has shown throughout his 25 years at Paramount and wish him well in the future."
"I am honored to take on this role at such a pivotal time for Paramount's international business," said Kaufman. "I know firsthand the global strength of our brand portfolio, and I look forward to working with Bob and the incredible International team as we continue pursuing our global growth strategy, investing in key partnerships, furthering our push into mobile and digital platforms in new markets, and operating as one team globally."
In November 2021, Kaufman assumed the role of President of Global Consumer Products and Experiences for Paramount, overseeing worldwide product and business development, marketing, franchise planning, creative strategy, retail sales and consumer insights for all brands in the portfolio. In less than a year, Kaufman has led the transformation of the consumer products business, unifying the organization by placing the full power of the Paramount ecosystem behind its most valuable IP. Her commitment to transformation, innovation and brand building has led to some of the most groundbreaking partnerships in the company's history, including cutting-edge co-branded collaborations with the biggest names in social media. Kaufman was also responsible for Viacom's first direct-to-consumer e-commerce site in 2019 – The SpongeBob Shop – and has since led the expansion to additional online direct-to-consumer business for merchandise tied to various top CBS and Showtime programming, including similar standalone initiatives for brands such as Star Trek, South Park and MTV.
Prior to being named the President of Global Consumer Products and Experiences, Kaufman served as President of Consumer Products & Chief Marketing Officer for Nickelodeon where she was responsible for building some of Nickelodeon's most memorable franchises ranging from PAW Patrol to SpongeBob SquarePants, shepherding them through important tentpole campaigns and milestone celebrations.
Before joining Nickelodeon in 1997, Kaufman held positions at Turner International, Equity Marketing and Grey Advertising. She earned her Bachelor of Arts in Public Communication from The American University in Washington D.C. and was awarded an Honorary Doctor of Humane Letters from The American University in 2019. A committed advocate for gender equality and diversity and inclusion, Kaufman serves on the board of the Rock and Roll Hall of Fame Foundation, as well as Bottomless Closet, a nonprofit that prepares women for workplace success, and the Pace Women's Justice Center.
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.
PARA-IR
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SOURCE Paramount Global | https://www.cleveland19.com/prnewswire/2022/07/29/paramount-appoints-pamela-kaufman-lead-international-business-president-ceo-international-markets-global-consumer-products-amp-experiences/ | 2022-07-29T15:03:01Z | https://www.cleveland19.com/prnewswire/2022/07/29/paramount-appoints-pamela-kaufman-lead-international-business-president-ceo-international-markets-global-consumer-products-amp-experiences/ | false |
NEW TITLE SLATED FOR RELEASE ON OCTOBER 18 VIA HARPERCOLLINS LEADERSHIP AVAILABLE NOW FOR PREORDER
Download Hi-Res Cover Art: HERE
LOS ANGELES, July 29, 2022 /PRNewswire/ -- Author, speaker and passive income expert Brian Page shares what it takes for anyone, regardless of position or industry, to work less, earn more, and live free in his latest book, "Don't Start a Side Hustle!" Slated to release on Oct. 18, 2022 via HarperCollins Leadership, the highly anticipated title is currently available for preorder here and includes a free eBook download, introduction, and first two chapters of the book.
In "Don't Start a Side Hustle!," Page helps readers navigate their journey to becoming a "Passivepreneur" – a new wave of entrepreneurs who are able to create "passive" income revenue streams without having to take on multiple side jobs.
"Don't trade your 40-hour workweek for an 80-hour a week side hustle," says Page. "The promise of entrepreneurship is to create a lifestyle of freedom - but the pursuit often leads to a time bankrupt life. If you're an overworked employee who's done with the 9-to-5, a serial entrepreneur who has yet to realize the American dream, or a burned outside hustle owner who's tired of the grind, this book was written for you!"
Page realized early on that a "J-O-B" was something he didn't want. He knew he wanted to work hard, but he also wanted to work for himself. He made it his mission to figure out a way to make money while living the life he wanted to live. Over the last 20 years, Page has worked with such heavyweights as Grant Cardone, Tai Lopez, and Kevin Harington, and is best known as the creator of the BNB Formula, the world's #1 bestselling Airbnb™ coaching program with over 25,000 students in 47 countries. Having built an empire of passive income that allows him the freedom that most people crave, Page is dedicated to sharing the secrets to his success so others can follow in his footsteps.
In his upcoming title, Page provides context on why it's possible to own your own time and walks readers through the process of how to pivot out of a traditional job, be prepared to make the change, create a plan for yourself and make it happen. Page guides readers step-by-step through 38 bitesize chapters teaching them how to ditch the rat race, and enjoy the "Passivepreneur" lifestyle. In "Don't Start a Side Hustle," you will learn how to:
- Trade working your ass off in exchange for hard-working assets.
- Create cash flow from products, services, and properties you don't own.
- Become an "income producer" instead of an "income earner."
- Live a lifestyle of freedom by building a passive income empire.
- Follow in Page's footsteps as he quit his job and earned a 7 figure automated income - in just 47 days.
Page has been unemployable for years. While traveling the world and spending tons of time with his family, he's been building stream after stream of passive income, allowing him to own every moment of his life. Even through the 2008 market crisis and COVID-19, he has been able to build his passive income empire by creating, controlling, and owning assets that do the work for him.
Says Page, "My number one goal is for you to have a life where you have more time. More money. And most importantly, freedom."
About Brian Page
Brian Page is an author and speaker focused on passive income creation. He has worked with such heavyweights as Grant Cardone, Tai Lopez, Dean Graziosi, and Kevin Harington from Shark Tank and has been featured in Entrepreneur, Inc., MSNBC, and Forbes. Page is best known as the creator of the BNB Formula, the world's #1 bestselling Airbnb™ coaching program with over 25,000 students in 47 countries. He is the host of the Digital Titans Podcast and the star of the reality show House Hackers. His current Passive Income Vehicles™ include digital products, short-term rentals, online coaching, affiliate offers, commercial real estate, mortgage notes, dividend stocks, and cryptocurrency staking, to name a few. Learn more at https://brian.page/ or by searching @bpagester on any of the socials.
About HarperCollins Leadership
HarperCollins Leadership feeds your inner drive to grow as a leader. With integrated, values- based development experiences, including books, video courses and business tools, HarperCollins Leadership guides individuals to activate the leadership potential that's already in them. For additional information, please visit www.harpercollinsleadership.com.
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SOURCE Brian Page | https://www.wagmtv.com/prnewswire/2022/07/29/passive-income-expert-brian-page-teaches-us-how-we-can-make-more-money-reclaim-our-time-upcoming-book-dont-start-side-hustle-work-less-earn-more-live-free/ | 2022-07-29T15:05:22Z | https://www.wagmtv.com/prnewswire/2022/07/29/passive-income-expert-brian-page-teaches-us-how-we-can-make-more-money-reclaim-our-time-upcoming-book-dont-start-side-hustle-work-less-earn-more-live-free/ | false |
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, July 29, 2022 /PRNewswire/ -- On July 29, 2022, the Reaves Utility Income Fund (NYSE American: UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on July 22, 2022.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2022 federal income tax return. The final tax character of any distribution declared in 2022 will be determined in January 2023 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
Fund Performance & Distribution Information
^ Based on the Fund's NAV as of June 30, 2022.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period November 1, 2021 through June 30, 2022.
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and is through the last business day of the month prior to the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
ALPS Portfolio Solutions Distributor, Inc., FINRA Member Firm.
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SOURCE Reaves Utility Income Fund | https://www.kalb.com/prnewswire/2022/07/29/reaves-utility-income-fund-section-19a-notice/ | 2022-07-29T15:07:11Z | https://www.kalb.com/prnewswire/2022/07/29/reaves-utility-income-fund-section-19a-notice/ | false |
Woman found dead under chairlift in Gatlinburg, Tenn.; witness says she fell
GATLINBURG, Tenn. (WVLT/Gray News) - A woman fell from the Anakeesta chairlift Thursday around 7:40 p.m., witnesses said.
Seth Butler with the city of Gatlinburg confirmed that Gatlinburg Fire and Rescue responders went to the scene and found a woman dead under the lift.
Anakeesta’s attractions sit atop a mountain in Gatlinburg. Visitors take a chairlift ride to the top at the beginning of their visit and back down again when they’re finished.
Jeffery McConnell said he was visiting the Gatlinburg attraction with his fiancée and three children when a woman, who he described as being in her late 20′s, fell from the lift from about three-quarters of the way up the mountain.
Before the woman fell, McConnell said that other visitors tried to alert the woman that her safety railing was up, but she did not respond.
According to McConnell, the ride kept going for 10 or 15 minutes after the incident. Another witness, Jay Deuro, told WVLT that the staff at Anakeesta kept loading people onto the chairlift after the incident.
“You could see the concern on everyone’s face that was getting on,” Deuro said.
McConnell said that after his family had made their way back down the mountain, they told people waiting in line to “not look down” on their way up.
In a statement, Anakeesta representative Michele Canney said, “A tragic incident occurred this evening. 911 was called immediately. Our hearts are with the family of the deceased. This is currently an active investigation. We cannot disclose further information at this time.”
The park noted on Twitter Friday that that the chondola is closed.
Butler said the incident is being investigated, and information will be released when it is available.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.kold.com/2022/07/29/woman-found-dead-under-chairlift-gatlinburg-tenn-witness-says-she-fell/ | 2022-07-29T15:07:13Z | https://www.kold.com/2022/07/29/woman-found-dead-under-chairlift-gatlinburg-tenn-witness-says-she-fell/ | false |
The Loch Ness Monster’s legend has grown with global notoriety for nearly 100 years, and it has existed in local lore for much longer. The creature, nicknamed Nessie, is believed to be a sea monster that inhabits the Scottish lake it’s named after: Loch Ness.
The Telegraph and LAD Bible were two of many media outlets that ran headlines claiming the Loch Ness Monster’s existence in the modern era became “plausible” after a fossil discovery.
The stories claim that a team of researchers declared the existence of Nessie, the legendary sea monster that lives in a Scottish lake, “plausible” after an archaeological dig in Morocco found evidence that plesiosaurs, an ancient marine reptile that lived alongside dinosaurs, may have lived in freshwater.
According to legend, the Loch Ness Monster is best described as a plesiosaur.
THE QUESTION
Did scientists say a fossil discovery means it’s “plausible” the Loch Ness Monster is real?
THE SOURCES
Press release from the University of Bath
Press release from the University of Portsmouth
Study published by paleontologists about their findings
Nick Longrich, Ph.D., University of Bath paleontologist who co-authored study
THE ANSWER
No, scientists did not say a fossil discovery means it’s plausible the Loch Ness Monster is real.
WHAT WE FOUND
On July 21, scientists from the University of Bath, University of Portsmouth and Morocco’s Universite Hassan II released a study in which they reported finding fossils of small plesiosaurs in a 100-million year old river system in the desert areas of Morocco.
“This discovery suggests some species of plesiosaur, traditionally thought to be sea creatures, may have lived in freshwater,” a press release from the University of Bath said a few days later.
Plesiosaurs were ancient, aquatic reptiles that looked similar to and lived at the same time as dinosaurs. They had long necks and sharp teeth, and had flippers that were directly attached to their bodies. The biggest plesiosaur they could find among the fossils was about 10 feet long.
So how does this tie to the Loch Ness Monster?
The fossils, although smaller than the supposed 20-foot length of Nessie, look similar to the common interpretation of the Loch Ness Monster, which is believed to be a plesiosaur that has survived into the modern era, according to popular legend. But up until this new study, plesiosaurs were thought to only have lived in saltwater, and Loch Ness is a freshwater lake.
University of Bath addressed the legend of the Loch Ness Monster in their press release about the study. Researchers said while it’s “plausible” a plesiosaur lived in freshwater many millions of years ago, that doesn’t mean it’s plausible a large monster lives in Loch Ness today.
“But what does this all mean for the Loch Ness Monster? On one level, it’s plausible. Plesiosaurs weren’t confined to the seas, they did inhabit freshwater,” the press release reads. “But the fossil record also suggests that after almost a hundred and fifty million years, the last plesiosaurs finally died out at the same time as the dinosaurs, 66 million years ago.”
The University of Portsmouth used the same wording in its own press release about the findings. The Loch Ness Monster is never mentioned in the abstract of the study the researchers wrote on their findings.
According to paleontologist Nick Longrich, one of the authors of the study, headlines calling the Loch Ness Monster’s existence “plausible” are taking that line from the press release out of context.
“The existence of a plesiosaur in Loch Ness is not probable, or likely, or even plausible,” Longrich said in an email to VERIFY. “It turns out that plesiosaurs did enter fresh water (surprisingly often!), so *that one part* of the scenario is actually plausible, and it's conceivable that there were plesiosaurs that inhabited large lakes in the Mesozoic, like the Baikal Seal that lives in Lake Baikal today.”
Siberia’s Lake Baikal has the most water of any freshwater lake in the world, and it’s millions of years old. The Baikal Seal is the only large, oceanic animal evolved to inhabit a freshwater lake in the present day.
So this new fossil discovery indicates that, more than 66 million years ago, there were likely plesiosaurs that could inhabit a freshwater river. And it was even plausible that a plesiosaur could have existed in a large lake.
Longrich said that Loch Ness still wouldn’t fit the bill, even 66 million years ago. Loch Ness is too small, and isn’t old enough. It has 3,000 times less water than Lake Baikal, and is millions of years younger. Loch Ness was buried under a sheet of ice as recently as the last ice age 10,000 years ago.
“Buried under ice is not exactly a great place for a marine reptile to survive for thousands of years,” Longrich said.
Then there’s the final nail in the coffin, one which was mentioned in the press release itself: plesiosaurs died out 66 million years ago, according to the fossil record. Longrich said plesiosaurs, even just a small group of them restricted to a single Scottish lake, should have left behind some fossils if they survived continuously for the past 66 million years.
“So it's an interesting thought experiment, and curious that one part of the scenario isn't totally impossible, but all the rest are,” Longrich said. | https://www.wthr.com/article/news/verify/science-verify/scientists-didnt-say-nessie-loch-ness-monster-plausible-plesiosaurs-freshwater/536-257ab0e9-c38d-43aa-810e-beba0b693548 | 2022-07-29T15:07:18Z | https://www.wthr.com/article/news/verify/science-verify/scientists-didnt-say-nessie-loch-ness-monster-plausible-plesiosaurs-freshwater/536-257ab0e9-c38d-43aa-810e-beba0b693548 | false |
NEW YORK, July 29, 2022 /PRNewswire/ -- Timescale is proud to announce the results of its 2022 State of PostgreSQL survey. Timescale is the maker of TimescaleDB, the open-source relational database for time-series and one of the most popular PostgreSQL extensions. This year, nearly 1000 respondents participated in the 4-week survey providing developers unique insight into the PostgreSQL market.
The State of PostgreSQL survey provides more significant insights into PostgreSQL features and the broader PostgreSQL community. In 2019, the first edition of the report was released with feedback collated from over 500 developers. In 2021, the second edition of the report sampling close to 500 participants was released. In both years, respondents were mainly software developers/engineers, software architects, and database administrators from the EMEA (Europe, Middle East, Africa) region accounting for 65% participation, North America 25.9%, and South America 7%.
"By organizing and delivering the State of PostgreSQL report, we help developers and developer-centric companies and communities better understand what is happening with Postgres today: the different types of Postgres users, the kinds of use cases they are tackling, the places they go to share and learn, how that is all changing, and the opportunities for improvement in the Postgres community overall," said Ajay Kulkarni, Chief Executive Officer. "This also gives us an opportunity to give back to the broader PostgreSQL community, a community we are proud to be a part of and that has been very helpful to us."
This year, as participation in the survey increased, so did the popularity of PostgreSQL. Key findings from this year's report include why respondents use PostgreSQL, how they contribute to the community, adoption across organizations, and favorite tools and extensions.
Other highlights include:
Over three-quarters of respondents report using PostgreSQL for personal projects. 95% of all respondents use PostgreSQL at work, and 73.5% use Postgres for both personal and professional projects.
Open source ranked as the #1 reason people choose PostgreSQL (19.3%), followed by reliability (16.5%) and extensions (9.9%). This shows that Open source continues to be a high value proposition for most users.
44% of PostgreSQL users with 15+ years of experience have contributed to PostgreSQL at least once. Among those with less than 15 years of experience, only 12% have contributed to PostgreSQL. This percentage represents a great opportunity for the PostgreSQL community to welcome new people and ideas into the fold. (For more information, read our guide to contributing to PostgreSQL)
The majority of respondents (76.2%) identified technical documentation as their preferred way of learning about PostgreSQL, followed by long-form blog posts (51.5%) and short-form blog posts (43.3%). Respondents with less than five years of PostgreSQL experience prefer video over long-form and short-form blog posts.
One of the most powerful aspects of PostgreSQL is its rich extensibility model. Developers mix and match several purpose-built extensions to help them build more compelling applications. This year's list of most favored extensions is stable compared to last year:
For more information see our blog post about the top PostgreSQL extensions.
Of the respondents who use tools to connect PostgreSQL for queries and administration tasks, psql (69.4%), pgAdmin (35.3%), and DBeaver (26.2%) were the top three choices. For more information, see our blog post on PostgreSQL tools, in addition to psql.
Compared to 2019 and 2021, fewer respondents reported self-managing their PostgreSQL database. It appears that PostgreSQL users are increasingly using DBaaS providers for deploying PostgreSQL. Of those who deploy PostgreSQL as a Kubernetes container, 44% use Helm, 16% use Crunchy Operator, and 7% use Zalando Operator.
For more information and to view the full report, visit here.
Timescale is the creator of TimescaleDB; the industry-leading database for time-series. Tens of thousands of organizations trust TimescaleDB today with their mission-critical time-series applications. The company is dedicated to serving software developers and businesses worldwide, enabling them to build the next wave of computing. Timescale is a remote-first company with a global workforce and is backed by Tiger Global, Benchmark Capital, New Enterprise Associates, Redpoint Ventures, Icon Ventures, Two Sigma Ventures, and other leading investors. For more information, visit www.timescale.com or follow @TimescaleDB.
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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/2022/07/29/ap-top-business-news-at-855-a-m-edt-21/ | 2022-07-29T15:08:31Z | https://wtmj.com/ap-news/2022/07/29/ap-top-business-news-at-855-a-m-edt-21/ | true |
LONDON (AP) — The parents of a 12-year-old boy who was left in a comatose state after suffering brain damage have failed to persuade the U.K. Supreme Court to intervene in a life-support treatment battle.
Archie Battersbee’s parents filed an urgent appeal to the Supreme Court on Thursday seeking to halt rulings by lower courts to allow doctors to legally withdraw life support from their son.
Archie’s mother, Hollie Dance, found him unconscious at home on Apr. 7. Dance has said she believed he may have been taking part in an online challenge.
Doctors treating the teen at the Royal London Hospital believe he is brain dead, and say continued life-support treatment is not in his best interests.
Dance argued that she had seen indications that Archie, who is attached to a ventilator, had twice tried to breathe independently in the past few days.
Two High Court judges and three judges at the Court of Appeal agreed with the doctors. Appeal judge Andrew McFarlane said Monday that medical staff had seen “no signs of life” in Archie.
Dance and her partner, Paul Battersbee, then took their battle to the Supreme Court.
The Supreme Court said in a statement Thursday that a panel of three judges refused to give the couple permission to appeal. | https://cbs4indy.com/news/national-world/ap-international/uk-supreme-court-refuses-in-intervene-in-life-support-battle/ | 2022-07-29T15:08:37Z | https://cbs4indy.com/news/national-world/ap-international/uk-supreme-court-refuses-in-intervene-in-life-support-battle/ | true |
By INNA VARENYTSIA
Associated Press
ODESA, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy visited a Black Sea port Friday as crews prepared terminals to export grain trapped by Russia’s five-month-old war, work that was inching forward a week after a deal was struck to allow critical food supplies to flow to millions of impoverished people facing hunger worldwide.
“The first vessel, the first ship is being loaded since the beginning of the war,” Zelenskyy said at a port in the Odesa region.
He said, however, that the departure of wheat and other grain will begin with several ships that were already loaded but could not leave Ukrainian ports after Russia invaded in late February. Ukraine is a key global exporter of wheat, barley, corn and sunflower oil, and the loss of those supplies has raised global food prices, threatened political insecurity and helped push more people into poverty and hunger in already vulnerable countries.
Ukraine’s military is committed to the safety of ships, Zelenskyy said, adding that “it is important for us that Ukraine remains the guarantor of global food security.”
His unannounced visit to the port is part of a broader push by Ukraine to show the world that it is nearly ready to export millions of tons of grains after last week’s breakthrough agreements, which were brokered by Turkey and the United Nations and signed separately by Ukraine and Russia.
The sides agreed to facilitate the shipment of wheat and other grains from three Ukrainian ports through safe corridors on the Black Sea, as well as fertilizer and food from Russia.
But a Russian missile strike on Odesa hours after signing the deal has thrown Moscow’s commitment into question and raised new concerns about the safety of shipping crews, who also have to navigate waters strewn with explosive mines.
Kremlin spokesman Dmitry Peskov on Friday emphasized the importance of maintaining a “link between taking grain out of Ukrainian ports and unblocking direct or indirect restrictions on the export of our grain, fertilizers and other goods to global markets.”
The security concerns and complexities of the agreements have set off a slow, cautious start, with no grains having yet left Ukrainian ports. The sides are facing a ticking clock — the deal is only good for 120 days.
The goal over the next four months is to get some 20 million tons of grain out of three Ukrainian sea ports blocked since the Feb. 24 invasion. That provides time for about four to five large bulk carriers per day to transport grain from the ports to millions of people in Africa, the Middle East and Asia, who are already facing food shortages and, in some cases, famine.
Getting wheat and other food out is also critical to farmers in Ukraine, who are running out of storage capacity amid a new harvest.
“We are ready,” Ukraine’s minister of infrastructure, Oleksandr Kubrakov, told reporters at the port of Odesa on Friday.
But he said Ukraine is waiting on the U.N. to confirm the safe corridors that will be used by ships navigating the waters. In the meantime, a ship at the port of Chernomorsk was being loaded with grains, he said.
Martin Griffiths, the U.N. official who mediated the deals, cautioned that work was still being done to finalize the exact coordinates of the safest routes, saying this must be “absolutely nailed down.”
Lloyd’s List, a global publisher of shipping news, noted Friday that while U.N. officials are pushing for the initial voyage this week to show progress in the deal, continued uncertainty on key details will likely prevent an immediate ramping-up of shipments.
“Until those logistical issues and detailed outlines of safeguarding procedures are disseminated, charters will not be agreed and insurers will not be underwriting shipments,” wrote Bridget Diakun and Richard Meade of Lloyd’s List.
They note, however, that U.N. agencies, such as the World Food Program, have already arranged to charter much of the grain for urgent humanitarian needs.
Since the deal was signed a week ago, shipping companies have not rushed in because explosive mines are drifting in the waters, ship owners are assessing the risks and many still have questions over how the agreement will unfold.
Ukraine, Turkey and the U.N. are trying to show action on the deal signed a week ago. Turkish Defense Minister Hulusi Akar told Al Jazeera on Thursday that “the deal has started in practice” and that the first ship leaving Ukraine with grains is expected to depart “very soon.”
Turkish Foreign Minister Mevlut Cavusoglu expressed similar optimism in a press briefing, framing the deal as a significant step forward between the warring sides.
“This is not just a step being taken to lift the hurdles in front of the export of food. If implemented successfully, it will be a serious confidence-building measure for both sides,” he said.
The deal stipulates that Russia and Ukraine will provide “maximum assurances” for ships that brave the journey through the Black Sea to the Ukrainian ports of Odesa, Chernomorsk and Yuzhny.
For ships heading to Ukraine’s three ports, smaller Ukrainian pilot boats will guide the vessels through approved corridors. The entire operation will be overseen by a Joint Coordination Center in Istanbul staffed by officials from Ukraine, Russia, Turkey and the United Nations.
Once ships reach port, they will be loaded with tens of thousands of tons of grains before departing back to the Bosphorus Strait, where they will be boarded to inspect them for weapons. There will likely be inspections for ships embarking to Ukraine as well.
___
Associated Press writers Aya Batrawy in Dubai, United Arab Emirates; Suzan Fraser in Ankara, Turkey; and Edith M. Lederer at the United Nations contributed to this report.
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/2022/07/29/zelenskyy-visits-port-as-ukraine-prepares-to-ship-out-grain-2/ | 2022-07-29T15:10:36Z | https://wtmj.com/ap-news/2022/07/29/zelenskyy-visits-port-as-ukraine-prepares-to-ship-out-grain-2/ | true |
NEW YORK, July 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMZN, TSLA, GM, DIS, and AMD.
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SOURCE InvestorsObserver | https://www.kwch.com/prnewswire/2022/07/29/thinking-about-trading-options-or-stock-amazon-tesla-general-motors-walt-disney-or-advanced-micro-devices/ | 2022-07-29T15:11:57Z | https://www.kwch.com/prnewswire/2022/07/29/thinking-about-trading-options-or-stock-amazon-tesla-general-motors-walt-disney-or-advanced-micro-devices/ | true |
Homes in Scotland are amongst the most affordable to buy in the UK, but the average household will more than five times their annual disposable income for a house.
In most regions of the UK, houses are more unaffordable now than at any point since 1999, however, that’s not the case in Scotland.
Across England as a whole, the average household has to spend 8.7 times their income to buy the average house while in Scotland it’s 5.5 times.
The average home in Scotland cost £166,183 to buy in 2021, according to a new report by the Office of National Statistics (ONS).
Meanwhile, the average household had an average disposable income of £30,262 a year - that means the average household has to spend 5.5 times their income to buy the average house.
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No other region in the UK has homes that are more affordable than Scotland, compared to average salaries.
However, looking at Edinburgh specifically, properties in the capital had an overall average price of £324,243 over the last year, according to Rightmove - 10.7 times the average Scottish household's income.
According to the Office of National Statistics (ONS), back in 2004, the earliest date available, the average home cost 4.3 times the average household’s income.
Homes aren’t at their most unaffordable, however. In 2008, the time of the financial crash, the average home cost 5.9 times the average salary.
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Certain snacks may increase risk of dementia if eaten regularly | https://www.edinburghlive.co.uk/news/scotland-named-uks-cheapest-place-24623990 | 2022-07-29T15:13:05Z | https://www.edinburghlive.co.uk/news/scotland-named-uks-cheapest-place-24623990 | false |
(The Hill) — President Joe Biden has been proactively getting in Donald Trump’s face in recent days.
Biden has been taunting his predecessor with slights, calling him “the defeated former president of the United States.”
He’s called him out by name, dubbing him a liar and saying he lacks courage.
Biden has even ripped Trump’s patriotism and loyalty to the country, pointing to his actions on Jan. 6, 2021: “You can’t be pro-insurrection and pro-cop. You can’t be pro-insurrection and pro-democracy. You can’t be pro-insurrection and pro-American,” Biden said in a virtual address Monday to the National Organization of Black Law Enforcement Executives conference.
A day later, Biden took to Twitter, in a rare move, to rip Trump again: “Call me old fashioned, but I don’t think inciting a mob that attacks a police officer is ‘respect for the law.’”
Earlier this month, Biden said while he couldn’t offer a prediction on if Trump would be the Republican nominee in 2024, he said he “would not be disappointed” if he were to face off with Trump again in 2024.
After ending his COVID-19 isolation, Biden appeared to take another shot at Trump, noting the former president, who got COVID before vaccines were available, had to be “helicoptered” to Walter Reed hospital.
The Trump insults are becoming more common, and they are no accident.
With the midterm elections inching closer, Biden is expected to play up the contrast between Democrats and Republicans and at times would be expected to use Trump as his foil.
The January 6th committee hearing has offered Biden the perfect backdrop for the rash of new attacks, providing evidence of Trump’s alleged involvement in the insurrection on the Capitol and his willingness to overturn the 2020 presidential election.
And it coincides with the hopes of Democratic campaigns that voters will come out and vote against the GOP because of Trump.
“Why not compare and contrast the person who truly is the face of the Republican Party?” said Democratic strategist Rodell Mollineau. “Donald Trump is the face of the opposition, and it’s smart to remind Americans who he is.”
Such strategies have not been entirely effective for Democrats. Just last year, Republican Glenn Youngkin won the Virginia governor’s race as Democrats sought to tie him to Trump.
But it’s still a solid strategy, say Democrats, given dealmaking with Republicans is largely over.
“He’s gotten everything he can for now from Senate Republicans, and Trump is making noise about announcing soon, so it’s the perfect time to drop the gloves and get back up in their faces,” Democratic strategist Eddie Vale said. “And then it’s also perfectly timed up on top of that with the January 6th hearing putting the spotlight on Trump’s insurrection to draw the direct contact between his danger and demagoguery and Biden’s growing-rapidly-by-the-day achievements.”
Though Biden received unwelcome news on Thursday in the form of a Commerce Department report showing the economy shrunk in the second quarter, it hasn’t been a bad week for the president.
Sen. Joe Manchin (D-W.Va.) struck a deal with Sen. Charles Schumer (D-N.Y.) on what would be the most massive climate change bill in congressional history. If it passes, it would be a significant win at a time when Biden needed one.
Separately, Congress approved a bill to help U.S. production of semiconductors, and Biden is hoping the Senate may still pass a bill codifying same-sex marriage.
Biden’s national polling average has lingered around 38 percent, and surveys show most Democrats don’t want Biden to seek reelection in 2024.
Trump, who could launch a new presidential bid any day, has often lobbed attacks on Biden. He has criticized the president on everything from his mental acuity to his handling of economy.
Biden, in contrast, has avoided Trump insults for much of his presidency, not wanting to give attention to his predecessor.
Insults, when they came, were done mostly through veiled asides.
“Finally, infrastructure week,” Biden quipped in November, referring to an ongoing joke during the Trump administration about the inability to move legislation through at that time.
But in recent days, it has been Biden punching first.
“He needs to drop the tough guy act,” Fox News Host Jesse Watters said Wednesday on the network’s show “The Five.”
Biden has positioned himself as the best person who can defeat Trump in 2024, a comment he’s made both publicly and privately to aides and allies.
“He truly believes he’s the only one who can win,” one ally said. “And I believe he’s 100 percent correct.”
The ally acknowledged that one of Biden’s weaknesses against someone like Trump is the notion that he lacks the stamina to take on the former president or other Republicans including Florida Gov. Ron DeSantis.
Democrats also want to elect someone they see as a fighter who isn’t afraid to rip the nominee to shreds. “So to have Biden out there taking on Trump without being lured into the fight is a good thing,” the ally said. “Why shouldn’t he be the one to throw the first punches? Why wait for the bully?”
At the same time, Democrats say Trump’s grip around the base isn’t what it used to be.
“The Republican Party remains Trump’s party but it’s bad for their brand among swing voters and in general elections,” said Ben LaBolt, the Democratic strategist who served as a spokesman to former President Barack Obama. “There’s only one candidate that proved themselves able to take on Donald Trump and win the last election — Joe Biden — and a tete-a-tete between the two of them continues to elevate Biden and the Democratic Party.” | https://www.texomashomepage.com/news/national-news/biden-turns-up-the-insults-on-donald-trump/ | 2022-07-29T15:14:09Z | https://www.texomashomepage.com/news/national-news/biden-turns-up-the-insults-on-donald-trump/ | false |
HOUSTON (AP) — A former NFL player was charged with murder Thursday in the killing of his girlfriend, whose remains were found months after she was reported missing last year.
Kevin Ware, who played tight end in 2003 and 2004 for Washington and San Francisco, is also charged with tampering with evidence, specifically a corpse, in the death of Taylor Pomaski. If convicted of murder, he faces up to life in prison.
Pomaski, 29, was last seen in April 2021 at a house party in the Houston suburb of Spring. Her remains were found in December.
“We encourage anyone who has knowledge about what happened between Kevin and Taylor to come forward,” said Lacy Johnson, the prosecutor with the Harris County District Attorney’s Office handling the case.
Ware, 41, has been jailed since June 2021 in neighboring Montgomery County on unrelated drug and gun charges.
Ware’s attorney, Coby DuBose, didn’t immediately reply to a phone message or email seeking comment. | https://cbs4indy.com/sports/ap-sports/ex-nfl-player-kevin-ware-charged-in-girlfriends-killing/ | 2022-07-29T15:14:14Z | https://cbs4indy.com/sports/ap-sports/ex-nfl-player-kevin-ware-charged-in-girlfriends-killing/ | false |
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Sometime in the last year, I started getting pangs near the heel on my right foot. The pain was worse when I started walking after sitting or lying down, and I’d hobble for a while until it normalized.
After some googling, I realized I probably had plantar fasciitis, or inflammation of the tissue on the bottom of my foot connecting the heel to the toe.
The cause? Like many things lately, I’d like to blame it on COVID-19. When the pandemic hit, I became one of many people working from home, and I’ve continued to do so on most days since. Because I live in Hawaii, I pretty much never wore shoes inside, which is both a local custom and a practicality since you don’t need to warm your feet with fuzzy house shoes. When I went out, I usually wore a pair of basic slippers (flip-flops to you mainlanders).
All that walking barefoot on my non-carpeted house floors or out and about in unsupportive footwear got to my feet. So I had to switch things up. I now wear an arch-supporting pair of house shoes inside and got myself a pair of Vionic sandals so I can still have my slipper lifestyle but with a cushy sole. And it’s helped most of my heel pain go away.
Walking Barefoot Can Cause Foot Problems
I’m not the only one with more foot pain since the pandemic.
“We do a lot more walking and standing at home than most of us realize; cooking, standing at the sink, chasing children, putting away laundry, going up and down stairs,” Marion Parke, a podiatric surgeon, told Marie Claire early in the 2020 lockdown. “Most people are surprised by how much walking they do while at home and how going barefoot at home can lead to problems such as plantar fasciitis, Achilles tendonitis, or something called metatarsalgia, which is essentially a focal or generalized pain in the forefoot where the metatarsal heads are found.”
Muscular foot pain isn’t the only reason you might not want to be walking barefoot. For one thing, if you already have some kind of foot condition, walking barefoot can actually make it worse.
Also, you’ve most likely heard you should wear shower shoes at the gym or in a public shower space to avoid picking up athlete’s foot or other fungi, viruses, bacteria and even staph infections.
Can I Walk Barefoot Outdoors?
The great outdoors isn’t always safe either. As good as grass feels between your toes, walking on dirt and lawns may be a way for you to pick up a disease, particularly from wet or damp grass. Pseudomonas bacteria, which causes athlete’s foot, and the strain of HPV that causes plantar warts are among the potential organisms you’ll encounter while walking barefoot.
Parasites like hookworm or sand flea could even be lurking in sand or soil, though they are more common in countries with less sanitary conditions.
It almost goes without saying that you can also ding up your feet on rocks or small but sharp fragments. (Ask me about trying to get out the tiny glass splinter in my heel that I picked up from my driveway while walking barefoot.)
Going barefoot can also lead to dried-out and cracked heels. You’re more likely to have dry skin while going barefoot in the summer and winter when indoor heating can dry your skin out.
“A lot of people have dry skin — that’s just a lack of moisture in the skin itself,” podiatrist Priya Parthasarathy told the Washington Post in January. “When you have severely dry skin or you don’t treat that dry skin, it develops into what we in the medical world call fissures.”
That can be unsightly but also a health risk because bacteria enter through foot cracks. Diabetics who don’t have as much sensitivity in their feet and those who are immunocompromised or with other health conditions should be especially careful about picking something up through small fissures on the feet.
Walking barefoot or in socks can also lead you to fall more, especially as people age.
Are There Upsides To Walking Barefoot?
If you can look past all that, there are some benefits to walking barefoot.
Some argue going barefoot lets humans match their natural gait, improving posture and putting less stress on the sole. You can also strengthen certain foot muscles while walking barefoot and potentially protect your joints.
Some research shows that calluses offer similar protection to shoes without causing you to lose your connection with the ground, evolutionary biologist Daniel E. Lieberman told Scientific American in 2019. He also believes that cushioned shoes magnify the impact of your feet hitting the ground has on the body.
“The energy that gets shot up your leg is about three times bigger in a cushioned shoe than if you’re barefoot,” Lieberman said.
His study also mentioned that much more studying needed to be done on running or walking barefoot versus wearing shoes.
If you do pick up the habit of wearing shoes inside for more support, make sure you keep a pair just for inside so you’re not bringing the outside elements of dirt and bacteria into your house from your outdoor shoes.
Do you go barefoot most of the year or have you found yourself walking barefoot more since the pandemic? Or are you a strictly “shoes all the time” type of person?
This story originally appeared on Simplemost. Checkout Simplemost for additional stories. | https://www.wrtv.com/walking-barefoot-can-be-bad-for-you | 2022-07-29T15:14:17Z | https://www.wrtv.com/walking-barefoot-can-be-bad-for-you | true |
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ATLANTA, July 29, 2022 /PRNewswire/ -- Atlanta is and always has been an influence on the culture; from the music to the sound to the vernacular and Yung Booke showcases that with the release of his new single "What Happened to Atlanta" with fellow Atlanta rapper Skooly. "What Happened to Atlanta" is an ode to what Atlanta used to be and remembering all of the good things that made Atlanta a place everyone loves today. Yung Booke expresses his love for the city he was born and raised in as Skooly reminisces on those amazing times all while asking the question "What Happened to Atlanta"?. Yung Booke states, "I wrote this song because of the space Atlanta is in right now and seeing a change in the city over the years. I represent "The Real Atlanta" and being one of the creators of the sound in Atlanta, me and Skooly are the perfect two to speak on it. The message is to bring back and show the people what "The Real Atlanta" really is." "What Happened to Atlanta" is now available on all DSPs.
Atlanta has become one of the most influential cities and the mecca of urban culture and Southern music housing and birthing undeniable talent including hip hop artist Yung Booke. Continuing the tradition of displaying dynamic style and trendsetting, Yung Booke has captivated a strong fan base deriving from his Southwest Atlanta upbringing. Most recently, Yung Booke signed to Blackground Records 2.0 which was founded by music industry icon and legend Barry Hankerson. Yung Booke isn't new to the entertainment industry as he was previously signed to TI's Grand Hustle label, has released singles and mixtapes under his own imprint (along with manager Jamin) UNOS Entertainment, and made appearances on popular mixtapes from DJ Scream, Hustle Gang, and platinum producer Zaytoven.
Keeping his ears to the streets and eyes on the prize, Booke is emerging into his own and ready to take over the world by showcasing his lyrical ingenuity and irrefutable talent. Booke is gearing up to release his new single "What Happened to Atlanta" with fellow rapper Skooly and even more music featuring some of your favorite artists. Stay tuned as Yung Booke is here to stay.
Founded by Barry Hankerson initially and launched in 1993, Blackground Records became a staple name in music and pop culture in the 1990s and early 2000s with the Hankerson's expert ear for artist development that would evolve into prolific careers for the aforementioned artists. Over the years, Blackground Records - with artists such as the late Aaliyah, Timbaland, Tank and JoJo - sold millions of records, had ten Top 10 Billboard 200 albums and won countless awards. Now as Blackground Records 2.0, Hankerson plans to continue their undeniable impact on pop culture.
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SOURCE Blackground Records 2.0 | https://www.kfyrtv.com/prnewswire/2022/07/29/atlanta-hip-hop-artist-yung-booke-releases-new-single-what-happened-atlanta-with-skooly/ | 2022-07-29T15:14:39Z | https://www.kfyrtv.com/prnewswire/2022/07/29/atlanta-hip-hop-artist-yung-booke-releases-new-single-what-happened-atlanta-with-skooly/ | true |
Beyoncé’s ‘Renaissance’ release: What you need to know
By Lisa Respers France, CNN
You should know by now that a Beyoncé album release is a whole event.
“Renaissance” is that, of course, and the Grammy winner’s eagerly awaited seventh album doesn’t disappoint, if social media is to be believed.
The album officially dropped Friday morning. So much to digest, so much to dissect and so much to dance to. Here’s what you need to know:
Queen Bey addresses the leak
Before we even get into the actual music, the singer had something to say about it leaking days before its scheduled release.
“So, the album leaked, and you all actually waited until the proper release time so you all can enjoy it together,” she wrote in a statement posted to social media. “I’ve never seen anything like it. I can’t thank y’all enough for your love and protection.”
Members of The Hive, as her devoted fan base is known, swarmed social media to ask people to please not share or listen to the leaked files that were out there.
She thanked them for their “unwavering support” and “for being patient.”
“I appreciate you for calling out anyone that was trying to sneak into the club early,” she wrote. “It means the world to me.”
Speaking of the club
We expected to dance, and “Renaissance” gives us house music and afro-beats and pays homage to jams of the past.
Children of the 1970s will be reminded of house parties their parents used to throw — complete with the Boone’s Farm wine and the couch moved to make room for a dance floor — with songs like “Summer Renaissance” (which finds her channeling Donna Summer) and “Cuff It” that harken back to the disco and roller-skating rinks.
The latter even features one of the architects of the sound of that era, Chic co-founder Nile Rodgers.
Of course Beyoncé gives it her own interpretation, much like she did on the lead single “Break My Soul,” which samples the 1993 hit “Show Me Love” by house music legend Robin S.
Love for the LGBTQ+ community
Beyoncé pays tribute to her late Uncle Jonny, a gay man, with her latest project.
“He was my godmother and the first person to expose me to a lot of the music and the culture that serve as an inspiration for this album,” she wrote in a note on her site. “Thank you to all of the pioneers who originate culture, to all of the fallen angels whose contributions have gone unrecognized for far too long. This is a celebration for you.”
In 2019 she talked about him during her and her husband Jay-Z’s acceptance speech for Vanguard Award at the 30th Annual GLAAD Media Awards held in Los Angeles.
She called her Uncle Jonny “the most fabulous gay man I’ve ever known and ever knew” and credited him with helping to raise her and her sister, Solange.
“He lived his truth,” she said emotionally. “He was brave and unapologetic during a time when this country wasn’t as accepting. Witnessing his battle with HIV was one of the most painful experiences I’ve ever lived.”
The lyrics of “Heated” feature, “Uncle Johnny made my dress/That cheap spandex/She looks a mess.”
“The album also features contributions from LGBTQ+ stars Big Freedia, TS Madison and transgender DJ and producer Honey Dijon.
She’s feeling herself and wants you to, as well
Queen Bey also comes with her brand of empowered sexy, and with this album, she’s letting it all hang out.
Sex — or at the least the suggestion of it — factors in heavily on this album, with songs including “Heated,” “Alien Superstar” and “Pure/Honey.”
Only she could drop a track titled “America Has a Problem” and instead of delivering a message about the state of the country, she lets us know she “Can’t wait to back it up.”
“I’m supplying my man/I’m in demand/As soon as I land,” she sings.
Beyoncé the rapper
We see you dropping bars, Mrs. Carter!
Jay-Z is not the only rapper in the family, something we have known since Beyoncé jumped on Megan the Stallion’s “Savage” remix.
Beyoncé cements her ability to go beyond just singing with songs like “Cozy” and “Church Girl,” in which she gives us a sample of her ability to spit a little bit.
This is just the beginning
According to her, this new album is just “Act I” of three recorded over the pandemic.
The “Renaissance” has begun.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://kion546.com/entertainment/cnn-entertainment/2022/07/29/beyonces-renaissance-release-what-you-need-to-know/ | 2022-07-29T15:14:50Z | https://kion546.com/entertainment/cnn-entertainment/2022/07/29/beyonces-renaissance-release-what-you-need-to-know/ | false |
Russia, Ukraine trade blame over strike on POW jail
Ceaseless violence on the ground comes as Ukraine looks to push ahead with restarting crucial grain exports
Moscow and Kyiv on Friday accused each other of bombing a jail holding Ukrainian prisoners of war in Russian-held territory, with Russia saying 40 prisoners and eight prison staff were killed.
Russia's defence ministry said the Ukrainian strikes were carried out with US-supplied long-range missiles, in an "egregious provocation" designed to stop soldiers surrendering.
It said that among the dead were Ukrainian forces that had laid down their arms after repelling Moscow's assault on the sprawling Azovstal steel works in Mariupol.
The claims came as President Volodymyr Zelensky visited a port in southern Ukraine to oversee a ship being loaded with grain for export under a UN-backed plan aimed at ending a food crisis.
Ukraine's presidency said exports could start in the "coming days" under the plan aimed at getting millions of tonnes of Ukrainian grain stranded by Russia's naval blockade to world markets.
- 'Petrifying war crime' -
Following the strike on the prison, Russian state-television showed what appeared to be destroyed barracks and tangled metal beds but no casualties could be seen.
Ukraine's military denied carrying out the attack saying its forces "did not launch missile and artillery strikes in the area of Olenivka settlement."
It instead blamed Russia's invading forces for "a targeted artillery shelling" on the detention facility, saying it was being used to "accuse Ukraine of committing 'war crimes', as well as to hide the torture of prisoners and executions".
"Russia has committed another petrifying war crime by shelling a correctional facility in occupied" Olenivka where it held Ukrainian POWs, Ukraine's Foreign Minister Dmytro Kuleba wrote on Twitter.
Ukraine's forces in May ended a weeks-long siege of Azovstal, with around 2,500 combatants surrendering after calling a halt to their first resistance.
Moscow's state media has reported that some officers -- including those from the controversial Azov regiment -- have been taken into Russia.
Kyiv says it has captured thousands of Russian troops during the invasion and has begun putting some on trial for alleged war crimes.
A Ukrainian court on Friday reduced the life sentence handed to a Russian soldier in May for pre-meditated murder in the country's first war crimes trial, instead jailing the serviceman for 15 years.
- Mykolaiv strikes -
Russian strikes elsewhere in Ukraine killed five people and wounded seven more on Friday on the heavily bombed city of Mykolaiv near the country's southern frontline, the regional governor said.
"They shot at another area near a public transport stop," governor Vitaliy Kim said in a statement on social media.
Mykolaiv, near the Black Sea, has seen roughly half of its estimated pre-war population of nearly 500,000 people leave and the city has been shelled daily for weeks.
It is the largest Ukrainian-controlled urban hub near the frontlines in the Kherson region, where Kyiv's army has launched a counter-offensive to regain control of the economically and strategically important coastal territory.
The Ukrainian presidency said Friday that Russian strikes on the city a day earlier had struck a humanitarian aid distribution point and injured three people.
In the eastern Donetsk region, governor Pavlo Kyrylenko also said Friday that Moscow's forces had killed eight people and wounded 19 more in attacks over the previous day.
- Grain ship loading -
The ceaseless violence on the ground comes as Ukraine looks to push ahead with restarting crucial grain exports under a plan brokered by Turkey and the United Nations to lift Russia's Black Sea naval blockade.
Ukraine's presidency released footage of Zelensky standing in front of Turkish ship Polarnet in the port of Chornomorsk on a visit to inspect grain being loaded.
Energy prices have risen dramatically as Moscow has cut gas supplies to Europe and the turbulence has wracked the oil markets
"The first vessel, the first ship is being loaded since the beginning of the war," Zelensky said in a statement.
Zelensky said Kyiv was "waiting for a signal" from Ankara and UN to start exports that it is hoped will help mitigate a global food crisis that has seen prices soar.
The hike in food costs is just one of the shock waves that Moscow's war in Ukraine has sent reverberating around the world.
Energy prices have also risen dramatically as Moscow has cut gas supplies to Europe and the turbulence has wracked the oil markets.
The French presidency said that leader Emmanuel Macron and Saudi Crown Prince Mohammed bin Salman had agreed to work together to limit the impact of the war at talks in Paris.
Macron took the meeting despite fierce criticism from rights groups in a bid to get major crude producer Saudia Arabia to up its production.
burs-jbr/kjm | https://www.dailymail.co.uk/wires/afp/article-11061863/Russia-Ukraine-trade-blame-strike-POW-jail.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-29T15:15:49Z | https://www.dailymail.co.uk/wires/afp/article-11061863/Russia-Ukraine-trade-blame-strike-POW-jail.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
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