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Sometimes there are weeks where there seems to be something for everybody. This is one of those weeks. From real-life-based scammers to a robot uprising, plus new movies from Steven Soderbergh and Jennifer Lopez – whatever floats your boat is facilitated here.
On with the television!
“Inventing Anna”
Friday, February 11, Netflix
Scammer season continues! This week’s biggest show is “Inventing Anna,” based on the real-life story of Anna Delvey nee Sorokin (played in the film by a comfortably over-the-top Julia Garner), a New York socialite who claimed to be a German heiress but was, in actuality, a Russian-born nobody. Watch as she cons her way into glittery parties, sweet-talks some of the most powerful financiers in the city into investing in her cockamamie schemes and burns every bridge she walks across (in her designer heels). It’s a scintillating story, made even more propulsive and watchable by the fact that it’s still going on. (We won’t spoil anything so just Google her after you watch.) Even if you’ve watched last fall’s episode of “20/20” detailing the case, you’ll still find out new details here. This is the latest Shonda Rhimes production for Netflix (based, in part, on a New York magazine article by Jessica Pressler) and could just as easily share the name as an earlier series of the super-producer, since this is quite the scandal. [NEWS]
“The Book of Boba Fett”
Wednesday, February 9, Disney+
What started off as a somewhat conventional spinoff of Disney+’s wildly popular “The Mandalorian” has turned into something stranger precisely because, a couple of weeks ago, it just decided to become “The Mandalorian.” Now, with all of the characters in the same rough geographical area and both sides of the street more or less taken care of, hopefully the actual character of Boba Fett (introduced in “The Empire Strikes Back” and played here by prequel actor Temuera Morrison) will have his moment to shine. Will he be able to fend off the slimy Pyke Syndicate while also engaging in all-out gang warfare (aided by his right-hand woman Fennec Shand, played by Ming-Na Wen)? What will happen to the mod squad, Tatooine’s cuddliest biker gang? And did Pedro Pascal even put on that helmet for a single second of this new show or did he deliver his lines into his cellphone on the way to the gym? We hope at least some of those questions will be answered, not necessarily in that order. Whether or not this is the final chapter of “The Book of Boba Fett” remains to be seen. Either way, we’re excited to see how this one wraps up. [EXPLAINER]
“KIMI”
Thursday, February 10, HBO Max
Steven Soderbergh, the Oscar-winning director of “sex, lies, and videotape” and “Erin Brockovich,” has been under the employment of HBO Max for the last couple of years, churning out underseen gems like “Let Them All Talk” and “No Sudden Move” (not to mention the fascinating, elliptical, choose-your-own-adventure TV show “Mosaic”). This time he’s got a movie with a killer premise and a wonderful leading lady. In “KIMI,” Zoë Kravitz plays an agoraphobic technician working for a SIRI-style start-up in Seattle. One day, while at work, she hears what she believes to be a murder. (Also, it takes place during the pandemic.) This lean thriller, written by David Koepp, looks like it could be a nifty update of the Alfred Hitchcock thriller “Rear Window” for our stay-at-home, digitally obsessed, pandemic-plagued modern times. Set a SIRI or Alexa reminder to watch. [TRAILER]
“The Tuck Rule”
Sunday, February 6 at 8:30 p.m., ESPN
How’s this for a Super Bowl pre-game? “The Tuck Rule,” named for the infamous pretext for overturning a crucial play in a highly contested game between the New England Patriots and Oakland Raiders back in 2002 (that would have massive repercussions for both teams) is the latest in the “30 for 30” series of documentaries from ESPN. What makes this 50-minute film an even bigger draw is that Tom Brady and Charles Woodson, the two players in the midst of the long-ago controversy, sit down and watch the footage together. The former college teammates reunite at Brady’s Miami mansion; this, after all, was the play that sent Brady to his first of seven Super Bowl wins. If that isn’t a set-up for some great drama, we don’t know what is. [TRAILER]
“Panic Room”
Hulu
There’s nothing better than a little at-home double feature, and we have the perfect cinematic partner for “KIMI” – 2002’s equally claustrophobic “Panic Room.” Jodie Foster plays a recent divorcée who is stuck in the “panic room” of her swanky Manhattan townhouse with her diabetic daughter (a pre-“Twilight” Kristen Stewart) while three violent criminals (played by Forest Whitaker, Jared Leto and Dwight Yoakam) break in to rob the place. (Urban legends about panic rooms circulated the city for years. The movie made the term mainstream.) Directed by “KIMI” filmmaker Steven Soderbergh’s BFF David Fincher, who was clearly enamored with the idea of computer-augmented camera moves that allowed him to zip around the house with a dexterity impossible with earthly cameras, “Panic Room” is a total blast whether you’ve never seen it or are watching it for the 10,000th time. (Both films were written by David Koepp.) Hey, if you’re trying to be responsible and stay inside, why not spend it with Jodie Foster and Zoë Kravitz? [WATCH]
“Fairview”
Wednesday, February 9 at 8:30 p.m., Comedy Central
This new adult animated series, produced by Stephen Colbert, is probably worth watching at least once, if only to soak in the baffling character design and general aesthetic. The characters look more or less like Weebles, the toys that wobble (but don’t fall down). But the tone of the series seems to be more along the lines of Comedy Central’s adult animation staple “South Park” (which airs just before), as it tackles current social topics in an aggressively in-your-face way. Will it work? Who could say? But whoever decided that adult animation had to always look this offputting should be pushed out of a plane. [TRAILER]
“The Girl Before”
Thursday, February 10, HBO Max
Well, this sounds creepy! In “The Girl Before,” which has already aired in England, Jane (Gugu Mbatha-Raw from “Loki” and “The Morning Show”) moves into the absurdly gorgeous house, designed by an elusive architect named Edward (David Oyelowo). The only problem is that to stay in the house, she has to follow Edward’s increasingly bizarre and exacting instructions. Based on the 2016 book of the same name and anchored by performances by some of our best living actors, this could be the perfect kinky miniseries for those who wished that “50 Shades of Grey” was a little bit more like “Architectural Digest.” [TRAILER]
“Star Trek Discovery”
Thursday, February 10, Paramount+
Ready to boldly go (again)? What began as an expensive X-factor, plagued by production woes and released onto an uncertain streaming platform (Paramount+), quickly became a bright spot, not just of current television landscape but of the entire “Star Trek” mythology. “Star Trek Discovery” returns after a winter hiatus for the eighth episode of the fourth season (and its 50th episode overall), with just a handful of episodes to go before the finale. Come along with the now-Captain Michael Burnham (Sonequa Martin-Green) and the crew of the USS Discovery (including Doug Jones as a freaky alien of course, Anthony Rapp, Mary Wiseman, Wilson Cruz and national treasure Tig Notaro) and chart a course for unknown space! Engage! [TRAILER]
“Bigbug”
Friday, February 11, Netflix
Hey, it’s a new Jean-Pierre Jeunet movie! Premiering at home! “Bigbug,” from the visionary director of “The City of Lost Children,” “Delicatessen” and “Amélie,” concerns a robot uprising and some helpful household robots that try to keep their masters safe during the carnage. It’s just the kind of left-of-center concept, which implores the kind of wild visual inventiveness and offbeat humor that the filmmaker is known for, with a vaguely pandemic-y plot that we can all relate to. Every new movie by Jeunet is a gift. It’s so nice that this was delivered to us at home. [TRAILER]
“Marry Me”
Friday, February 11, Peacock
Looking for a perfectly acceptable, straight-down-the-middle romantic comedy that will make for perfect Valentine’s Day viewing and whose production values greatly exceed anything on Lifetime? Look no further. “Marry Me,” which is being directed by Kat Coiro (who is responsible for a large swath of the upcoming “She-Hulk” episodes), has a deliciously high-concept rom-com pitch: Jennifer Lopez plays a pop star whose musician boyfriend (Maluma) cheats on her, leading her to say, on stage, that she’ll marry Owen Wilson, who is accidentally holding a sign that says “Marry Me.” The rest is, undoubtedly, romantic comedy gold. Will it do more than make you smile? Who knows. But sometimes that’s enough. [TRAILER]
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https://www.thewrap.com/tv-watch-list-february-5-11-2022-inventing-anna/
| 2022-02-04T22:28:19
|
en
| 0.954873
|
DALLAS, Feb. 4, 2022 /PRNewswire/ -- Award-winning immigration firm BAL has opened a new office in Denver, Colorado, led by Denver native and Partner Jeff Joseph, a prominent immigration attorney and AILA luminary with deep connections in the region. BAL Denver will serve as a springboard to grow the firm's presence in the Rocky Mountain market.
BAL provides corporate immigration services to companies and entrepreneurs. The firm's services are comprehensive, from investor visas for start-ups to full-scale global immigration programs for some of the world's largest companies, including in the tech sector that is flocking to the Rocky Mountain area: a recent SmartAsset survey named Denver one of the best places in the country for tech work. The region also has a disproportionate number of tech job openings, and BAL plans to help companies address this gap by mobilizing talent from around the world.
"As we help companies in Colorado and the Rocky Mountain region to mobilize global talent, we're also staffing a new office in a challenging labor market. BAL attracts top talent because we offer cutting-edge technology tools and a people-centered culture," Jeff said, adding that the firm offers employees flexible schedules, unlimited vacation and paid time-off to do volunteer work of their choosing. "This complete package enables us to grow a high-caliber legal team that offers top-notch legal services to clients."
Consistent with BAL's focus on creating an enjoyable work environment for its employees, the Denver office landed in an 1871 loft-style building in the city's hip LoDo district. Legal teams work in an office with windows overlooking Denver's iconic Coors Field on one side and the city's trendy Dairy Block on the other. The historic office is located within blocks of Denver's best breweries, restaurants and accessible transportation.
"We look forward to transforming corporate mobility in the Rocky Mountain West, and we've found the perfect location for our game-changing team," said BAL Managing Partner Jeremy Fudge. "The Denver office space reflects BAL's strengths: We offer people-focused, creative legal solutions, and meet clients with our sleeves rolled up, ready to tackle even the most complex immigration challenges. Add to that our proprietary tech platform and the best legal minds in the business, and it's a truly special place."
The expansion is BAL's fifth new office opening in the past five years as the firm grows through major U.S. economic centers, including the recently opened Austin, Texas and Santa Clara, California offices. The firm's "oneBAL" culture epitomizes collaborative teamwork: workloads are shared firmwide, while regional offices provide the personal interaction and on-the-ground support BAL clients have come to expect from the service-oriented firm.
About Berry Appleman & Leiden LLP (BAL)
BAL, the world's leading corporate immigration law firm and the Best Lawyers® "Law Firm of the Year" in U.S. Immigration Law for 2019, ranks #1 on the Diversity Scorecard by The American Lawyer (2020 and 2021), #1 on Law360's Diversity Snapshot (2020 and 2021), and the #1 Law Firm for Women according to the National Law Journal (2019, 2020 and 2021). BAL's Cobalt® digital immigration services platform won the 2020 CODiE Award for Best Legal Tech Product, the prestigious CIO100 award for Innovative Use of Intelligent Automation in Immigration Services, and Legalweek's Most Innovative Law Firm Operations Team of 2021. BAL is singularly focused on meeting the immigration challenges of corporate clients around the world in ways that make immigration more strategic and enable clients to be more successful. Established in 1980, BAL has consistently provided immigration expertise, top-notch information security and leading technology innovation. The firm entered into a strategic alliance with Deloitte UK to create the world's first global immigration service delivery model. BAL and its leaders are highly ranked in every major legal publication, including Best Lawyers®, Chambers and Partners, The Legal 500, and Who's Who Legal. See website for details: https://www.bal.com
SOURCE Berry Appleman & Leiden LLP
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https://www.prnewswire.com/news-releases/bal-launches-denver-office-headed-by-aila-luminary-jeff-joseph-301475919.html
| 2022-02-04T22:28:24
|
en
| 0.938805
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An all-new original film, new “Star Trek,” and all the “Jackass” you could possibly want are all coming to Paramount Plus in February. Below we’ve assembled a complete list of everything new on Paramount+ this month, including the premiere of “Star Trek: Discovery” Season 4 on Feb. 10.
On Feb. 11, the Joey King-fronted supernatural love story “The In Between” arrives as a Paramount+ original film – just in time for Valentine’s Day.
In terms of library titles, three seasons of “Jackass” and five of the “Jackass” movies are available for streaming in concert with the release of the new film “Jackass Forever” (which is currently a theatrical-only release). Other highlights include “Airplane!”, “Breakfast at Tiffany’s,” “That Thing You Do!”, “Fight Club” and “Clue.”
Check out the full list of what’s new on Paramount Plus in February 2022 below.
Originals, Exclusives and Events
Feb. 2: Celebrity Big Brother Season 3 premieres
Feb. 10: Star Trek: Discovery Season 4 returns with all-new episodes
Feb. 11: The In Between premieres
Feb. 17: Big Nate premieres
Feb. 24: Wasteland premieres
Library Shows
Feb. 2
Disrupt & Dismantle (Season 1)
Jersey Shore: Family Vacation (Season 3)
Feb. 9
Ink Master (Season 13)
Jackass (Seasons 1 – 2, 4)
Legends of the Pharaohs
Love & Hip Hop Atlanta (Season 9)
Murderous History
Stormborn
The Challenge (Seasons 10, 35)
The Jim Jefferies Show (Season 3)
Feb. 16
America’s Wild Border: Northern Exposure
Big Brother Australia (Seasons 12 – 13)
Big Brother Canada (Seasons 1 – 3, 5, 7)
Black Ink Crew Compton (Season 1)
Ocean Super Predators
Tasmania: Curious Life of Quolls
The Adventures of Paddington (Season 1)
Virus Hunting: Cave to COVID
Feb. 23
Air Disasters (Season 16)
Black Ink Crew Compton
Inside Hampton Court Palace
It’s Pony (Season 1)
Malawi Wildlife Rescue
Rise of the Teenage Mutant Ninja Turtles (Season 2)
Searching for Secrets
Wildest California
Yukon’s Wild Grizzlies
Library Movies
Feb. 1
1984
Airplane!
Airplane II: The Sequel
Apartment Troubles
Black Sheep
Breakfast at Tiffany’s
Broken Arrow
Casualties of War
Clue
Cousins
Crocodile Dundee
El Dorado
Fight Club
Glory
He Got Game
Invasion of the Body Snatchers
Jackass 2.5
Jackass 3
Jackass 3.5
Jackass Number Two
Jackass: The Movie
Love Story
Major League
McLintock!
Narc
Patriot Games
Rosemary’s Baby
Roxanne
Small Soldiers
Step Up
Strictly Ballroom
Summer Rental
Team America: World Police
Terms Of Endearment
That Thing You Do!
The Accused
The Ambassador
The Back-up Plan
The Curious Case Of Benjamin Button
The Doors
The French Connection
The January Man
The Man Who Shot Liberty Valance
The Ring Two
The Sons of Katie Elder
The Stepfather
There Will Be Blood
Turbulence
Wayne’s World
Feb. 3
The Deep House
Feb. 10
Gully
Feb. 14
The Space Between
Feb. 17
A House on the Bayou
Feb. 22
How It Ends
Sports
Feb. 1: AFC Men’s World Cup Qualifiers
Feb. 2: Concacaf Men’s World Cup Qualifiers
Feb. 2-6: AFC Women’s Asian Cup Final, Semifinals & World Cup Playoffs
Feb. 5: NCAA Basketball – Tennessee @ South Carolina
Feb. 5-6: PGA TOUR – AT&T Pebble Beach Pro-Am Third and Final-Round coverage
Feb. 6: Professional Bull Riding (PBR) Ariat 15/15 Bucking Battle
Feb. 6: NCAA Basketball – Maryland @ Ohio State
Feb. 12: NCAA Basketball – Oklahoma @ Kansas
Feb. 12-13: PGA TOUR – Waste Management Phoenix Open Third and Final-Round coverage
Feb. 13: Professional Bull Riding: (PBR) Express Ranches 15/15 Bucking Battle
Feb. 13: NCAA Basketball – Maryland @ Purdue
Feb. 15-16: UEFA Champions League Round of 16 matches
Feb. 16-22: Concacaf Women’s World Cup Qualifiers
Feb. 17 & 24: UEFA Europa League Knockout Round matches
Feb. 17 & 24 – UEFA Europa Conference League Knockout Round matches
Feb. 17-23: International Women’s Soccer – Arnold Clark Cup
Feb. 19: NCAA March Madness Men’s Bracket Preview
Feb. 19: NCAA Basketball – Alabama @ Kentucky
Feb. 19-20: PGA TOUR – The Genesis Invitational Third and Final-Round coverage
Feb. 20: Professional Bull Riding (PBR) Competition
Feb. 20: NCAA Basketball – Michigan @ Wisconsin
Feb. 22-23: UEFA Champions League Round of 16 matches
Feb. 25: Combate Global MMA action
Feb. 26: NCAA Basketball – Oklahoma State @ Oklahoma
Feb. 26: NCAA Basketball – Kentucky @ Arkansas
Feb. 26: NCAA Basketball – UCLA @ Oregon State
Feb. 27: NCAA Basketball – Connecticut @ Georgetown
Feb. 27: NCAA Basketball – Illinois @ Michigan
Feb. 27: NCAA Basketball – Ohio State @ Maryland
Throughout February: Italy’s Serie A competition
Throughout February: Italy’s Coppa Italia Frecciarossa Quarterfinals action
Throughout February: Scottish Professional Football League competition
Throughout February Argentina Copa de la Liga competition
Dates for library titles are subject to change
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https://www.thewrap.com/whats-new-on-paramount-plus-february-2022/
| 2022-02-04T22:28:25
|
en
| 0.655622
|
CAMBRIDGE, Mass., Feb. 4, 2022 /PRNewswire/ -- Blueprint Medicines Corporation (NASDAQ: BPMC), a precision therapy company focused on genomically defined cancers, rare diseases and cancer immunotherapy, today announced that, effective on February 1, 2022, the Compensation Committee of Blueprint Medicines' Board of Directors granted non-qualified stock options to purchase an aggregate of 26,212 shares of its common stock and an aggregate of 13,103 restricted stock units (RSUs) to fifteen new employees under Blueprint Medicines' 2020 Inducement Plan.
The 2020 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee or non-employee director of Blueprint Medicines, as an inducement material to such individual's entering into employment with Blueprint Medicines, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.
The options have an exercise price of $79.16 per share, which is equal to the closing price of Blueprint Medicines' common stock on February 1, 2022. Each option will vest as to 25% of the shares underlying such option on the first anniversary of the grant date and as to an additional 1/48th of the shares underlying the option monthly thereafter, in each case, subject to each such employee's continued employment on each vesting date. Each RSU will vest as to 25% of the shares underlying the RSU award on the first anniversary of the grant date and as to an additional 25% of the shares underlying the RSU award annually thereafter, subject to each such employee's continued employment on each vesting date. The options and RSUs are subject to the terms and conditions of Blueprint Medicines' 2020 Inducement Plan, and the terms and conditions of the stock option and RSU agreement covering the grant.
About Blueprint Medicines
Blueprint Medicines is a global precision therapy company that invents life-changing therapies for people with cancer and blood disorders. Applying an approach that is both precise and agile, we create medicines that selectively target genetic drivers, with the goal of staying one step ahead across stages of disease. Since 2011, we have leveraged our research platform, including expertise in molecular targeting and world-class drug design capabilities, to rapidly and reproducibly translate science into a broad pipeline of precision therapies. Today, we are delivering approved medicines directly to patients in the United States and Europe, and we are globally advancing multiple programs for systemic mastocytosis, lung cancer and other genomically defined cancers, and cancer immunotherapy. For more information, visit www.BlueprintMedicines.com and follow us on Twitter (@BlueprintMeds) and LinkedIn.
SOURCE Blueprint Medicines Corporation
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https://www.prnewswire.com/news-releases/blueprint-medicines-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-301475261.html
| 2022-02-04T22:28:30
|
en
| 0.920489
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This week’s game-changing announcement that The New York Times Company has purchased Wordle — the hit online game in which once a day players get six chances to guess a five-letter word — has re-ignited the annoyance of word game fans who were already I-R-A-T-E over the fact that Wordle is essentially the same game played on TV’s “Lingo” for more than 30 years.
The New York Times purchase of Wordle for low seven figures from its creator, software engineer Josh Wardle, seems to have added an edge to the debate. But both social media and game-related blogs have been at it for weeks noting the similarity of the games as Wordle has taken off as a widespread phenomenon.
The New York Times did not respond to repeated requests for comment on the similarity of the games.
Wrote one apparently astonished game fan on Twitter:
Another Twitter critic suggests that Wordle is just “recycled Hipster Lingo”:
However, “Sophia” ‘s Tweet suggests it’s “legit” better to be into Wordle than “Lingo” if you don’t want to channel Grandma and Grandpa:
And the New York Times deal prompted this “new game” proposal from “jp”:
“Lingo,” the game show created by American TV producer Ralph Andrews, was first broadcast in 1987 on British network ITV and has had various incarnations and syndications, as well as various hosts, over the years. The series became most popular in America in 2002 on Game Show Network, hosted by Chuck Woolery, where it ran for five years and more than 300 episodes, according to Buzzerblog.
The game briefly returned to GSN in 2011 with comedian Bill Engvall as host. That “mystery word game show” hailed from Zoo Productions, a division of All3media Group, and was touted in the 2011 announcement as “the producers of ‘Are You Smarter Than a 5th Grader?’ Also in 2011, GSN Games launched a free online version of Lingo on GSN.com. GSN Games is no longer part of the GSN company as of last year.
“Lingo”‘s most recent incarnation is a current British version of the show that launched in 2021, hosted by Adil Ray. There also are a free Lingo mobile game app, as well as other online clones of Lingo, currently available.
The rules of TV’s “Lingo” game are virtually the same as the online game: six chances to try to guess a randomly selected five letter words. In Wordle, if you have the right letter in the right spot, it shows up green. A correct letter in the wrong spot shows up yellow. A letter that isn’t in the word in any spot shows up gray.
A similar color code indicates the correct and incorrect letter choices on the board in the TV show. However, in the TV version, the guesses are made by teams and who are racking up points to advance to higher stakes in the game. The TV teams also get a break because they receive the first letter of each word before they begin the guessing game.
Some on Twitter are fine with the similarity of the games as long as The New York Times purchase does not result in their having to pay to play Wordle online. But they are skeptical. Wrote “FilmmakerJulie”:
Watch Woolery and guests play the game from this 2006 installment of “Lingo”:
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https://www.thewrap.com/wordle-hurdle-online-game-called-out-as-a-ripoff-of-tv-game-show-lingo/
| 2022-02-04T22:28:31
|
en
| 0.973406
|
BOSTON, Feb. 4, 2022 /PRNewswire/ -- With a large focus on health worldwide right now, the importance of personal health and wellness goals for people of all ages has risen greatly. Beyond staying healthy, a good diet, optional supplement regimen, and an active lifestyle or workout routine is more important than ever.
Companies like Boston Hemp Incorporated are seeing an influx of customers, especially in the 40+ demographic, attempting to keep the mindset of healthy living in their daily life. When it comes to health and wellness, CBD and hemp supplements are some of the newest and most talked about products on the market. Boston Hemp customers report that they take CBD daily for help with stress and anxiety or to assist with muscle and joint pain as a natural alternative. "We are seeing more and more consumers over the age of 40 shopping with us on a weekly basis" says Brandon Gadles, CEO at Boston Hemp. "When the company first started, we would see a few older customers here and there from day to day. Now it's popularity has grown within that age group at a rapid pace" he added.
Boston Hemp specializes in CBD and has over 100 products available on their website for purchase. CBD comes in oils, creams, tinctures, flower, wax, and edible gummies. Each customer has their own specific health goals, and the diverse selection of CBD options offers something for customers of all ages.
Health has been of the upmost importance in the past 2 years, especially for older generations. Having a healthy regimen with specific goals for personal health and wellness can continue to keep us safe as we go through 2022 and beyond.
SOURCE Boston Hemp Inc.
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https://www.prnewswire.com/news-releases/boston-hemp-inc-taking-on-personal-health-goals-in-2022-301475915.html
| 2022-02-04T22:28:36
|
en
| 0.965524
|
PHILADELPHIA, Feb. 4, 2022 /PRNewswire/ -- Brickworks North America Corporation's (Brickworks N.A.) wholly owned subsidiary Glen-Gery Corporation (Glen-Gery) has today acquired Capital Brick, located in Upper Marlboro, Maryland.
Capital Brick has been a leading distributor of architectural masonry products serving the Washington D.C. metropolitan area since 1981 and has been one of Glen-Gery's top architectural customers for many years.
According to Mark Ellenor, President, Brickworks N.A., the acquisition is a strategic bolt on to expand on the existing footprint in the Maryland and Virginia markets. Glen-Gery recently launched a new design studio in Baltimore's Fells Point neighborhood and is currently building a new, modern masonry supply center in Manassas, Virginia.
"The acquisition of Capital Brick supports our strategic investment in the architectural and design community. This long-established and well-known business will help drive sales of our premium architectural products," says Ellenor.
Since entering the North American market in 2018, Brickworks N.A. has acquired three major brick manufacturers and a second masonry supplier following the acquisition of 17 masonry supply centers in Illinois and Indiana from Southfield Corporation last August. This will expand the network of company-owned distribution locations to 27.
About Brickworks (ASX: BKW)
Brickworks has been building the Australian dream for over a century. Today, Brickworks is more than Australia's largest and most trusted brick manufacturer. It comprises a diversified portfolio of attractive assets, offering shareholders stability and long-term growth. The Company has a proud track record, having paid a dividend every year since listing on the ASX in 1962. Brickworks comprises four divisions – Building Products Australia, Building Products North America, Industrial Property, and Investments.
About Glen-Gery
Glen-Gery Corporation, a wholly owned subsidiary of Brickworks Limited of Australia, is a premier brick and stone manufacturer offering the most diverse product portfolio of more than 700 brick and stone products. For more than a century, Glen-Gery has provided high quality building products that meet both innovative design challenges and demanding construction specifications. Through technology advancements and product innovations, Glen-Gery delivers a premium product line that caters to the high-style needs of today's architects, designers and homeowners. Founded in 1890, Glen-Gery is headquartered in Wyomissing, PA. www.glengery.com
Media Contact:
Tim Leese
(484) 335-2333
[email protected]
www.glengery.com
SOURCE Glen-Gery
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https://www.prnewswire.com/news-releases/brickworks-north-america-corporation-expands-direct-distribution-network-with-the-bolt-on-acquisition-of-long-established-washington-dc-masonry-supplier-capital-brick-301475917.html
| 2022-02-04T22:28:42
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en
| 0.927501
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SANDUSKY, Ohio, Feb. 4, 2022 /PRNewswire/ -- Civista Bancshares, Inc. (NASDAQ:CIVB) ("Civista") announced today that the Board of Directors has approved a quarterly dividend of 14 cents per common share to shareholders of record February 15, 2022, payable March 1, 2022.
This dividend represents a payout of approximately $2.1 million. Based on the Civista's closing stock price of common shares of $23.80 on February 2, 2022, the quarterly dividend produces an annualized yield of 2.35%.
About Civista Bancshares, Inc.:
Civista Bancshares, Inc. is a $3.0 billion financial holding company headquartered in Sandusky, Ohio. Civista's banking subsidiary, Civista Bank, operates 35 locations in Northern, Central and Southwestern Ohio, Southeastern Indiana and Northern Kentucky. Civista Bancshares, Inc. may be accessed at www.civb.com. The Company's common shares are traded on the NASDAQ Capital Market under the symbol "CIVB". This press release may contain forward-looking statements regarding the financial performance, business prospects, growth and operating strategies of Civista. For these statements, Civista claims the protections of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Statements in this press release should be considered in conjunction with the other information available about Civista, including the information in the filings we make with the Securities and Exchange Commission.
SOURCE Civista Bancshares, Inc.
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https://www.prnewswire.com/news-releases/civista-bancshares-inc-declares-first-quarter-common-dividend-301475882.html
| 2022-02-04T22:28:54
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en
| 0.885213
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FIRST UNITED CORPORATION ANNOUNCES FOURTH QUARTER AND YEAR TO DATE 2021 EARNINGS
Earnings per share up 49.0% compared to the prior year driven by wealth management, loan origination, PPP fees and loan reserve release
Paycheck Protection Program forgiveness of $172.6 million and origination fees of $4.0 million YTD
OAKLAND, Md., Feb. 4, 2022 /PRNewswire/ -- First United Corporation (NASDAQ: FUNC), a bank holding company and the parent company of First United Bank & Trust (the "Bank"), today announced earnings results for the three- and 12-month periods ended December 31, 2021.
Fourth Quarter Financial Highlights:
- Total assets at December 31, 2021 increased by $21.3 million, or 1.2%, when compared to September 30, 2021.
- Deployed cash during the fourth quarter to purchase $62.0 million of investment securities and a $10.0 million student loan pool
- Investment securities increased $45.5 million in the fourth quarter
- Gross loans decreased $8.2 million in the fourth quarter
- Core commercial growth of $6.1 million, offset by forgiveness of $22.6 million of Paycheck Protection Program ("PPP") loans during the fourth quarter
- Mortgage balances remained stable
- Consumer loans increased $9.5 million related to the $10.0 million student loan pool purchase
- Deposits increased $24.9 million during the fourth quarter; growth year-to-date of $47.0 million
- Increases in both non-interest bearing and interest bearing deposits during the fourth quarter
- The ratio of the allowance for loan losses ("ALL") to loans outstanding was 1.38% at December 31, 2021 as compared to 1.41% at December 31, 2020. The ratio of ALL to loans outstanding, excluding PPP loan balances of $7.7 million and $114.0 million, was 1.39% at December 31, 2021 and 1.55% at December 31, 2020, non-GAAP.
- Total provision expense credit of $0.9 million for the fourth quarter of 2021 as compared to expense of $0.4 million for the fourth quarter of 2020
- Continued strong asset quality, stable economic factors and stabilization of modified loans that have returned to principal and interest payments
- Net interest margin, on a non-GAAP, fully tax equivalent ("FTE") basis, increased to 3.49% for the fourth quarter of 2021 compared to 3.09% for the fourth quarter of 2020 and 3.38% for the third quarter of 2021.
- Non-interest income, excluding gains, increased 45%, or $2.0 million in the fourth quarter of 2021 compared to the fourth quarter of 2020 driven by increased debit card income, insurance reimbursement and other income.
- Non-interest expense increased 2%, or $0.2 million compared to the fourth quarter of 2020 driven by increased salaries and benefits of $1.0 million and contributions of $1.1 million offset by reductions of $1.0 million in professional services and a credit of $.5 million in Other Real Estate Owned ("OREO") expenses due to a gain on sale
According to Carissa Rodeheaver, President and CEO, "2021 was a record earnings year for First United driven by reduced interest expense, release of provision, strong production in mortgage and wealth management and our ability to manage our core operating expenses. Much of the year was spent assisting our local business owners as they navigated PPP forgiveness and returned to a more normalized operating environment. During the year, we worked to realign the balance sheet which should provide future expense savings. The Bank is well-positioned for the anticipated rising interest rates and remains well-capitalized for future growth. Our success in 2021 was attributed to the hard work of our dedicated associates. We were pleased to reward all associates with a special performance bonus to recognize their exceptional efforts."
Paycheck Protection Program
The Company continues to actively participate in the PPP administered by the Small Business Administration (the "SBA"). On January 19, 2021, the SBA implemented a third round of funding for PPP loans.
During 2020, a total of $148.5 million in PPP loans were originated under the first two rounds of funding, consisting of 1,174 loans with an average loan size of $162 thousand. During 2021, a total of $66.1 million in PPP loans were originated under the third round of funding, consisting of 870 loans with an average loan size of $80 thousand.
Net fees recognized in 2021 were $4.0 million due to amortization and forgiveness, compared to $2.4 million in 2020.
During 2020, 290 loans, totaling $34.5 million were forgiven, resulting in 885 loans with a remaining balance of $114.0 million at December 31, 2020. During 2021, an additional 1,631 loans with an aggregate principal balance of $172.6 million, were forgiven, resulting in 65 loans with a remaining balance of $7.7 million at December 31, 2021.
Of the 2,044 PPP loans originated by the Bank since the PPP's inception, 1,978 loans, totaling $207.5 million, have been forgiven through the end of fourth quarter 2021, representing 97% of the number of loans originated and 96% of originated principal balances.
COVID Modifications
While the COVID-19 pandemic has had an impact on most industries, some have been more affected than others. In accordance with Section 4013 of the Coronavirus Aid, Relief, and Economic Security Act and related regulatory pronouncements, we have not accounted for modifications of loans affected by the pandemic as troubled debt restructurings nor have we designated them as past due or nonaccrual.
As of December 31, 2021, total loan modifications were $9.4 million. This amount included 13 commercial loans related to real estate rental, food services and health care sectors. These loans are scheduled to return to contractual payment terms within the first quarter of 2022.
Income Statement Overview
Consolidated net income was $7.5 million for the fourth quarter of 2021 compared to $4.6 million for the fourth quarter of 2020. Basic and diluted net income per share for the fourth quarter of 2021 were both $1.14, a 74% increase when compared to basic and diluted net income per share of $0.66 and $0.65, respectively for the fourth quarter of 2020. The increase in earnings for the fourth quarter of 2021 was due to an increase in net interest income, a credit to provision expense, increased debit card income, the receipt of an insurance reimbursement, reduced professional fees and a credit in OREO expenses due to gains on sales. These items were offset by increased non-interest expenses, primarily salaries and employee benefits and contributions.
Consolidated net income for the year ended December 31, 2021 was $19.8 million, inclusive of litigation settlement expenses of $3.3 million, Federal Home Loan Bank ("FHLB") prepayment penalties of $2.4 million, an insurance reimbursement income of $1.4 million and contributions of $1.0 million, compared to $13.8 million for the year ended December 31, 2020. Basic and diluted net income per share for 2021 were both $2.95, a 49.0% increase when compared to basic and diluted net income per share of $1.98 and $1.97, respectively, for 2020.
Net Interest Income and Net Interest Margin
Net interest income, on a non-GAAP, FTE basis, increased by $1.8 million (14.7%) for the fourth quarter 2021 when compared to the fourth quarter of 2020. This increase resulted from an increase in interest income of $0.6 million and a 56% decrease in interest expense of $1.2 million. The increase in interest income on loans was a result of increased interest on the consumer loans related to the purchase of a loan pool in the second quarter, increased interest on the commercial portfolio related to new loans booked throughout the year as well as an increase in the unearned fees related to the PPP forgiveness during the quarter. The reduction of interest expense resulted from the lowering of deposit rates throughout 2021, the declining balances in the higher cost CD portfolio and the prepayment of the FHLB advances in the third quarter. The weighted rate on the $70.0 million FHLB long-term borrowings was 1.90%, which reduced interest expense of approximately $0.4 million in the fourth quarter. The net interest margin for the fourth quarter of 2021 was 3.49%, compared to 3.09% for the fourth quarter of 2020. The net interest margin for the fourth quarter of 2021 would have been 3.32% compared to 2.96% for the fourth quarter of 2020 after excluding the average balance of PPP loans of $16.0 million and $129.9, respectively, and interest and fees of $0.8 million and $1.5 million, respectively.
Net interest income, on a non-GAAP, FTE basis, increased by $4.0 million (8.1%) during the year ended December 31, 2021 when compared to the year ended December 31, 2020 driven by a $3.9 million (40.8%) decrease in interest expense and a slight increase in interest income of $0.1 million. The decrease in interest expense resulted from proactive efforts to reduce the cost of funds by further reductions to rates on deposit accounts throughout 2021, the runoff of balances in the time deposits of $100,000 or more, including brokered deposits, and the expiration of empowered rates on money market accounts. The net interest margin, on an FTE basis, declined to 3.28% for the year ended December 31, 2021 compared to 3.34% for 2020. The net interest margin for the year ended December 31, 2021 would have been 3.14% compared to 3.46% for 2020 after excluding the average balance of PPP loans of $79.4 million and $137.0 million, respectively, and interest and fees of $4.8 million and $3.0 million, respectively.
Comparing the linked quarter, net interest income, on a non-GAAP, FTE basis, increased by $0.3 million (2.2%) in the fourth quarter of 2021 when compared to the third quarter of 2021. This increase was driven by a $0.4 million (27.6%) decrease in interest expense offset by a slight decrease in interest income of $0.1 million. The decrease in interest expense resulted from continued efforts to reduce the cost of funds through further reductions to rates on deposit accounts early in the third quarter, the runoff of balances in the time deposits of $100,000 or more, the expiration of empowered rates on money market accounts, and the prepayment of $70.0 million of FHLB advances in the third quarter. The net interest margin, on an FTE basis, increased to 3.49% for the fourth quarter of 2021 compared to 3.38% for the third quarter of 2021.
Non-Interest Income
Other operating income, including gains, for the fourth quarter of 2021 increased by approximately $1.3 million when compared with the same period of 2020. Service charge and trust and brokerage income increased slightly during the fourth quarter of 2021 when compared to the fourth quarter of 2020. Net gains decreased $0.7 million when comparing the fourth quarter of 2021 to the fourth quarter of 2020. This decrease was due to the slowing of refinance activity in the mortgage portfolio, which resulted in fewer gains on sales in 2021 as well as losses on investment securities that were booked in the fourth quarter of 2020. During the fourth quarter of 2021, the receipt of $1.4 million for an insurance reimbursement was recorded in other non-interest income, which also attributed to the increase in the fourth quarter of 2021.
Other operating income, including net gains on sales of mortgage loans and sales of investment securities, increased $2.5 million for the year ended December 31, 2021 when compared to 2020. Gains on the sale of mortgage loans to the secondary market decreased $1.3 million due to refinancing activity occurring at a slower pace than the pace experienced in 2020. Trust and brokerage income increased $1.3 million year-over-year due to growth in new client relationships and assets under management. Debit card income increased $0.8 million for the year ended December 31, 2021, when compared to 2020 due to growth in deposit relationships and increased customer usage of our electronic services. Other income increased $0.8 million, due primarily to the receipt of insurance proceeds related to litigation claims recorded in the first quarter of 2021. Service charge income remained stable while gains on investment securities decreased $.5 million when comparing 2021 to 2020.
On a linked quarter basis, other operating income increased $1.8 million in the fourth quarter of 2021 compared to the third quarter of 2021. This increase was attributable to the $1.4 million in insurance reimbursement, increased debit card income and an increase in other miscellaneous income. Trust income increased slightly when comparing the fourth quarter of 2021 to the third quarter of 2021.
Non-Interest Expense
Other operating expenses increased slightly by $0.2 million when comparing the fourth quarter of 2021 to the fourth quarter of 2020. This increase was driven by an increase in salaries and benefits of $1.0 million related in part to a reduction in deferred loan origination costs in 2021 (primarily related to PPP activities), increased incentive pay related to year end incentives and a special performance bonus accrued for all associates. During the fourth quarter, a charitable contribution of $1.0 million was made to fund First United Community Dreams Foundation, Inc., which is intended to benefit non-profit organizations within our market areas. Occupancy, equipment and technology service expenses were stable during the fourth quarter of 2021 when compared to the fourth quarter of 2020. Professional services fees declined $1.0 million when comparing the fourth quarter of 2021 to the same period of 2020 primarily due to reduced legal fees. Other miscellaneous expenses, such as Visa processing fees, printed supplies, line rentals, contract labor, schools and seminars, dues and licenses, in-house training, trust department expense, debit card expense and miscellaneous loan fees, declined. The decreases were offset by increases in personnel related expenses, business related meals and debit card related expenses.
Other operating expenses increased $4.2 million for the year ended December 31, 2021 when compared to 2020. This increase was driven by $3.3 million of litigation settlement expenses recorded in the first quarter of 2021, a $2.4 million penalty on the repayment of $70.0 million of FHLB advances in the third quarter of 2021 and the aforementioned $1.0 million charitable contribution to First United Community Dreams Foundation, Inc. Salaries and benefits for 2021 increased $1.0 million when compared to 2020, related to a net increase of $0.7 million due to higher in salaries, incentive pay, stock compensation and 401(k) plan expense, offset by decreases in pension and life and health insurance costs and a $0.3 million offset in salary expense from deferred loan origination costs primarily attributable to PPP loans. Federal Deposit Insurance Corporation premiums increased slightly by $0.2 million due to credits received on quarterly assessments in 2020. Equipment, occupancy and technology expenses decreased $0.9 million in 2021 when compared to 2020 as we began to realize cost savings from our core processor related to the new contract negotiated in the third quarter of 2020. OREO expenses were a net credit in the 2021 due to $1.3 million in net gains attributable to the sale of OREO properties. Professional services decreased $0.3 million as a result of increased accounting and audit fees of $0.3 million, offset by a reduction of $0.5 million in consulting expenses.
When comparing the fourth quarter of 2021 to the third quarter of 2021, other operating expenses decreased $1.8 million. The decrease was driven by the $2.4 million in FHLB prepayment penalties incurred in the third quarter of 2021 and a fourth quarter credit of $0.5 million in OREO expenses as a result of gains recognized on sales, offset by an increase in contributions of $1.1 million primarily related to the $1.0 million charitable contribution to First United Community Dreams Foundation, Inc. Equipment, occupancy and technology expenses remained stable as well as professional services and investor relations expenses when comparing the fourth quarter to the third quarter.
The effective income tax rates as a percentage of income for the years ended December 31, 2021 and 2020 were 24.9% and 22.2%, respectively. The increase in the tax rate for 2021 was primarily due to the reduction in tax exempt income as well as the reduction in tax credits related to the expiration of a low-income housing tax credit in June 2021. A new 2021 investment in a low-income housing tax credit is expected to provide tax benefits in 2022 and beyond.
Balance Sheet Overview
Total assets at December 31, 2021 decreased to $1.7 billion, representing a $3.6 million decrease since December 31, 2020. During 2021, cash and interest-bearing deposits in other banks decreased by $33.7 million, the investment portfolio increased by $47.9 million and gross loans decreased by $14.1 million. Management made strategic decisions to deploy excess cash balances in 2021. Cash was utilized to purchase a $20.0 million consumer loan pool and a $39.0 million pool of mortgage loans for the purpose of offsetting the decline in mortgage portfolio balances due to the continued utilization of the FNMA secondary market for refinancing activity. Management also used $70.0 million to prepay FHLB advances in the third quarter. Additionally, approximately $60.0 million was used to purchase investment securities and to purchase a $10.0 million student loan pool late in the fourth quarter. OREO balances decreased $4.9 million related to the sale of parcels of real estate securing a large commercial participation loan and additional sales of undeveloped lots. We anticipate further reductions to OREO balances during the first quarter of 2022 as we consummate additional sale contracts.
Total liabilities decreased by $14.4 million when compared to liabilities at December 31, 2020. The decrease in 2021 was attributable to deposit growth of $47.0 million due to stimulus programs and to growth in core relationships, increased balances in short-term borrowings related to our Treasury Management product, offset by the prepayment of $70.0 million in FHLB long-term borrowings. Total shareholders' equity increased by $10.9 million during the year ended December 31, 2021, as net income of $19.8 million was offset by the repurchase of $7.2 million (400,000 shares) of First United Corporation common stock, the payment of $3.2 million in dividends and the improvement of $1.5 million in accumulated other comprehensive loss.
Outstanding loans of $1.2 billion at December 31, 2021 reflected a decline of $14.1 million during 2021. Core commercial loan growth was offset by PPP loan forgiveness. Commercial real estate ("CRE") loans increased by $5.1 million, acquisition and development loans increased by $11.1 million and commercial and industrial loans decreased by $85.8 million, as growth in core portfolio loans of $20.5 million was offset by PPP loan forgiveness. Residential mortgage loans increased $25.5 million due to the purchase of a $39.0 million loan pool of 1-4 family residential loans, offset by the decline in mortgage portfolio balances due to the continued utilization of the FNMA secondary market for refinancing activity. Given the current low interest rate environment, customers were seeking longer-term, fixed-rate loans and management chose not to book these longer-term low fixed rate mortgage loans in the portfolio. The consumer loan portfolio increased by $29.9 million due to the purchase of a pool of consumer loans in the second quarter of 2021 and the purchase of a $10.0 million pool of student loans late in the fourth quarter as an effort to deploy excess cash into higher yielding, short-term assets. Management strategically purchased loan pools to complement the portfolio loans and to assist in managing interest rate risk.
Commercial loan production for the year ended December 31, 2021 was approximately $178.0 million, with $42.0 million originated during the fourth quarter, exclusive of PPP loan production. PPP loan production was approximately $64.3 million for 2021. At December 31, 2021, unfunded, committed commercial construction loans totaled approximately $25.5 million. Commercial amortization and payoffs were approximately $119.0 million through December 31, 2021, exclusive of PPP.
Consumer mortgage loan production was approximately $119.3 million through December 31, 2021. The production and pipeline mix of in-house, portfolio loans and investor loans remained strong as of December 31, 2021, with those loans totaling $15.3 million, consisting of $13.4 million in portfolio loans and $1.9 million in investor loans. At the end of the second quarter of 2021, management implemented special promotions for residential mortgage products to shift production towards portfolio loans and utilize excess cash balances.
Total deposits at December 31, 2021 increased by $47.0 million when compared to deposits at December 31, 2020. During 2021, non-interest-bearing deposits increased by $81.2 million, driven by retail and commercial account growth partially attributable to government stimulus programs. Traditional savings accounts increased by $40.5 million as we continued to see significant growth in our Prime Saver product, and total demand deposits increased by $26.6 million. Total money market accounts decreased by $36.3 million due primarily to management's decision to sweep approximately $70.0 million of wealth management money market funds off balance sheet in the first quarter of 2021. These funds can be readily shifted back to in-house money market accounts should liquidity needs arise in the future. Time deposits decreased by $65.0 million, primarily in time deposits over $100,000, due to the maturity of a $10.0 million brokered CD in May 2021 and as we continued to reduce pricing on single-service relationships and municipal bids.
Book value per share of the Company's common stock was $21.43 at December 31, 2021, compared to $18.74 per share at December 31, 2020. At December 31, 2021, there were 6,620,955 of basic outstanding shares and 6,628,028 of diluted outstanding shares of common stock.
Asset Quality
The ALL decreased to $16.0 million at December 31, 2021 compared to $16.5 million at December 31, 2020. The provision for loan losses was a credit of $0.8 million for the year ended December 31, 2021 and an expense of $5.4 million for the year December 31, 2020. The higher provision expense recorded in 2020 was driven by an increase in the qualitative factors reflecting the uncertainty of the economic environment related to the COVID-19 pandemic. Net recoveries of $0.3 million were recorded for the year ended December 31, 2021, compared to net charge offs of $1.5 million for 2020. The ratio of the ALL to loans outstanding, including PPP loan balances, was 1.38% at December 31, 2021 compared to 1.41% at December 31, 2020. The ratio of ALL to loans outstanding, excluding PPP loan balances of $7.7 million and $114.0 million, was 1.39% at December 31, 2021 and 1.55% at December 31, 2020, non-GAAP.
The ratio of net recoveries to average loans for the year ended December 31, 2021 was an annualized 0.02%, compared to net charge offs to average loans of 0.13% for 2020. Details of the ratio, by loan type are shown below. Our special assets team continues to effectively collect on charged-off loans, resulting in ongoing overall low net charge-off ratios.
Non-accrual loans totaled $2.5 million at December 31, 2021 compared to $3.3 million at December 31, 2020. The decrease in non-accrual balances at December 31, 2021 was primarily related to $0.8 million of one CRE loan that paid off in the fourth quarter of 2021. Two hospitality loans, totaling approximately $4.0 million, that were moved to non-accrual status during the first quarter of 2021 returned to accrual status in the fourth quarter of 2021 after successfully paying full contractual payments for six months.
Non-accrual loans that have been subject to partial charge-offs totaled $0.5 million at December 31, 2021 and $0.4 million at December 31, 2020. Loans secured by 1-4 family residential real estate properties in the process of foreclosure totaled $0.2 million at December 31, 2021 and $0.4 million at December 31, 2020. Foreclosure and repossession activities were temporarily suspended as a result of COVID-19 but resumed during the third quarter 2021. Management continues to conform to federal and state mandates relative to the foreclosure processes for both Federal Backed and Non-Federal Backed mortgages. As a percentage of the loan portfolio, accruing loans past due 30 days or more increased to 0.31% compared to 0.20% at December 31, 2020.
ABOUT FIRST UNITED CORPORATION
First United Corporation is the parent company of First United Bank & Trust, a Maryland trust company with commercial banking powers, and two statutory trusts that were used as financing vehicles. The Bank has four wholly-owned subsidiaries: OakFirst Loan Center, Inc., a West Virginia finance company; OakFirst Loan Center, LLC, a Maryland finance company; First OREO Trust, a Maryland statutory trust that holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure; and FUBT OREO I, LLC, a Maryland company that likewise holds and services real estate acquired by the Bank through foreclosure or by deed in lieu of foreclosure. The Bank also owns 99.9% of the limited partnership interests in Liberty Mews Limited Partnership, a Maryland limited partnership, and a 99.9% non-voting interest in MCC FUBT Fund, LLC, an Ohio limited liability company, both of which were formed for the purpose of acquiring, developing and operating low-income housing units. The Corporation's website is www.mybank.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements do not represent historical facts, but are statements about management's beliefs, plans and objectives about the future, as well as its assumptions and judgments concerning such beliefs, plans and objectives. These statements are evidenced by terms such as "anticipate," "estimate," "should," "expect," "believe," "intend," and similar expressions. Although these statements reflect management's good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. The beliefs, plans and objectives on which forward-looking statements are based involve risks and uncertainties that could cause actual results to differ materially from those addressed in the forward-looking statements. For a discussion of these risks and uncertainties, see the section of the periodic reports that First United Corporation files with the Securities and Exchange Commission entitled "Risk Factors," including among many others the risk factor set forth in First United's Annual Report on Form 10-K, as amended, for the year ended December 31, 2020 entitled, "The outbreak of the recent coronavirus ('COVID-19'), or an outbreak of another highly infectious or contagious disease, could adversely affect the Corporation's business, financial condition and results of operations." and any updates thereto that might be contained in subsequent reports filed by First United. In addition, investors should understand that the Corporation is required under generally accepted accounting principles to evaluate subsequent events through the filing of the consolidated financial statements included in its Annual Report on Form 10-K for the year ended December 31, 2021 and the impact that any such events have on our critical accounting assumptions and estimates made as of December 31, 2021, which could require us to make adjustments to the amounts reflected in this press release.
SOURCE First United Corporation
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https://www.prnewswire.com/news-releases/first-united-corporation-announces-fourth-quarter-and-year-to-date-2021-earnings-301475963.html
| 2022-02-04T22:29:00
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DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Global Weapons Carriage & Release System" report has been added to ResearchAndMarkets.com's offering.
The weapons carriage & release systems market is estimated at USD 463 million in 2021 and is projected to reach USD 571 million by 2026, at a CAGR of 4.3% from 2021 to 2026.
The missiles segment is projected to lead the weapons carriage & release system market from 2021 to 2026
Based on weapon type, the weapons carriage & release system market has been classified into missiles, bombs, rockets, and torpedoes. The missiles segment is estimated to account for the largest share of the weapons carriage & release system market in 2021. The growth of this segment can be attributed to the increased deployment of missiles in fighter aircraft, helicopters, and combat support aircraft for a range of operations. Fighter aircraft deploy missiles according to mission needs. They carry air-to-air and air-to-ground missiles having varied range and capabilities. Weapons carriage & release systems are used to carry and release single and multiple missiles. Companies such as ALKAN, L3Harris Corporation, Cobham PLC, and Marvin Engineering, among others, provide weapons carriage & release systems for carrying single and multiple missiles.
Based on end-user, OEM is projected to lead the weapons carriage & release system market from 2021 to 2026
Based on end-use, the weapons carriage & release system market has been classified into original equipment manufacturer (OEM) and aftermarket. The OEM is estimated to be a larger market the aftermarket segment. The weapons carriage & release systems installed in new aircraft are covered under the OEM segment. This segment includes the installation of weapons carriage & release systems in various airborne platforms, including fighter aircraft, combat support aircraft, helicopters, and UAVs. The OEM segment is expected to grow at a higher CAGR.
This can be attributed to the increasing inventory of newly inducted airborne platforms, including unmanned aerial vehicles, fourth-, fifth-, and sixth-generation fighter aircraft, and helicopters. The use of these airborne platforms is increasing in applications such as anti-submarine warfare, air-to-ground support, and air defense roles. Moreover, the development of new missiles such as beyond-visual-range missiles, anti-radiation missiles, etc., for newly inducted platforms have also added to the demand at the OEM level.
North America is projected to grow at the highest rate within the weapons carriage & release system market from 2021 to 2026
Based on region, North America is projected to grow at the highest rate within the weapons carriage & release system market from 2021 to 2026. Significant investments in R&D activities for the development of advanced weapons carriage and release systems by key players and increased demand for fighter aircraft fleet are some of the factors expected to fuel the growth of the weapons carriage & release system market in this region.
The US is expected to drive the growth of the North American weapons carriage & release system market during the forecast period, owing to easy access to various innovative technologies and significant investments being made by manufacturers in the country for the development of improved military weapon systems. Several developments have taken place in the field of weapons carriage & release systems in the region. For instance, as per DoD 2019 - Five Year Plan, the US is projected to induct more than 1500 F-35s in the coming years. This is expected to result in an increasing demand for weapon carriage & release systems. Companies such as Harris, Cobham, and others are focusing on the development of internal carriage & release systems for fifth-generation aircraft.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Weapons Carriage & Release System Market
4.2 Weapons Carriage & Release System Market, by System Component
4.3 Weapons Carriage & Release System Market, by End Use
4.4 Weapons Carriage & Release System Market, by Release System
4.5 Weapons Carriage & Release System Market, by Missile
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Use of Different Types of Missiles with Various Ranges to Defend Nations from Various Threats
5.2.1.2 Increase in Procurement of Fighter Aircraft
5.2.1.3 Increase in Development of Next-Generation Fighter Aircraft
5.2.2 Restraints
5.2.2.1 Regulatory Obstacles Related to Arms Transfers
5.2.3 Opportunities
5.2.3.1 Advanced Weapon Launchers
5.2.4 Challenges
5.2.4.1 Reducing Performance Failures
5.3 Impact of COVID-19 on Weapons Carriage and Release System Market
5.4 Ranges and Scenarios
5.5 Value Chain Analysis
5.6 Average Selling Price Trend
5.7 Trends/Disruption Impacting Customer Business
5.7.1 Revenue Shift and New Revenue Pockets for Weapons Carriage and Release System Manufacturers
5.8 Weapons Carriage and Release System Market Ecosystem
5.8.1 Prominent Companies
5.8.2 Private and Small Enterprises
5.8.3 Ecosystem
5.8.4 Supply-Side Impact
5.8.4.1 Key Developments from January 2020 to December 2020
5.9 Porter's Five Forces Analysis
5.10 Regulatory Landscape
5.10.1 North America
5.10.2 Europe
6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Triple-Rail Missile Launcher
6.2.2 Next-Generation Pneumatic Sonobuoy Launch Systems
6.2.3 Pneumatic Multi-Station Carriers
6.2.4 Various Payloads
6.2.4.1 Fuel Tanks
6.2.4.2 Sonobuoys
6.2.4.3 Electronic Pods
6.2.4.4 Unmanned Aerial Vehicles (Uavs)
6.3 Technology Analysis
6.4 Use Case Analysis
6.4.1 Use Case: Surepac Compressor Improves Aircraft Weapons Release
6.5 Impact of Megatrends
6.5.1 Pneumatic Weapon Ejection Actuation Systems
6.6 Innovations and Patent Registrations
7 Weapons Carriage & Release System Market, by Weapon Type
7.1 Introduction
7.2 Missiles
7.2.1 Air-To-Air
7.2.1.1 Increasing Adoption of Air-To-Air Missiles Carriage & Release System by Fighter Aircraft to Drive Demand
7.2.2 Air-To-Ground
7.2.2.1 Increasing Adoption for Advanced Missiles to Drive Demand
7.3 Bombs
7.3.1 Use in Aircraft Operations to Drive Demand
7.4 Rockets
7.4.1 Deployment of Rockets on Helicopters for Combat Roles to Drive Demand
7.5 Torpedoes
7.5.1 Use in Anti-Submarine Warfare by Combat Support Aircraft to Drive Demand
8 Weapons Carriage & Release System Market, by System Component
8.1 Introduction
8.2 Carriage System
8.2.1 Racks
8.2.1.1 Single
8.2.1.1.1 Increasing Use of Single Racks on Fourth-Generation Fighter Aircraft to Drive Demand
8.2.1.2 Multiple
8.2.1.2.1 Adoption of Multiple Racks on Fighter Aircraft to Drive Demand
8.2.2 Rail Launchers
8.2.2.1 Single
8.2.2.1.1 Use of Single Rail Launchers on Uavs and Jets
8.2.2.2 Multiple
8.2.2.2.1 Development of Triple-Rail Launchers by Companies to Drive Demand
8.2.3 Adapters
8.2.3.1 Increasing Use of Adapters by Fifth-Generation Fighter Aircraft to Drive Demand
8.2.4 Pylons
8.2.4.1 Rising Usage of Pylons to Carry Other Payloads to Drive Demand
8.3 Release Systems
8.3.1 Ejection Unit
8.3.1.1 Pyrotechnic
8.3.1.1.1 Need for Faster Refill and Reliable Ejection of Weapons to Drive Demand
8.3.1.2 Pneumatic
8.3.1.2.1 Increasing Adoption of Pneumatic Ejection Units due to Safe Operations to Drive Demand
8.3.1.3 Electromechanical
8.3.1.3.1 Use of Electromechanical Ejection Units for Bombs to Drive Demand
8.3.2 Control Unit
8.3.2.1 Increasing Adoption of Control Units for Safe Release to Drive Demand
9 Weapons Carriage & Release System Market, by Platform
9.1 Introduction
9.2 Fighter Jets
9.2.1 Current Generation Fighters
9.2.1.1 Upgrade of Current Generation Fighter Aircraft to Drive the Segment
9.2.2 Next-Generation Fighters
9.2.2.1 Increase in Adoption and R&D of New Airborne Platform to Drive the Segment
9.3 Combat Support Aircraft
9.3.1 Increasing Use of Aircraft for Air and Ground Support to Drive the Segment
9.4 Helicopters
9.4.1 Rise in Usage of Carriage Systems for Anti-Submarine Operations to Drive the Segment
9.5 Unmanned Aerial Vehicles (Uavs)
9.5.1 Increasing Usage of Uav in Surveillance and Covert Operations to Drive the Segment
10 Weapons Carriage & Release System Market, by End-Use
10.1 Introduction
10.2 Oem
10.2.1 Increasing Upgrades and Procurement of Fighter Aircraft Across the Globe to Drive the Segment
10.3 Aftermarket
10.3.1 Upgrading of Existing Fleet of Aircraft to Drive the Segment
11 Regional Analysis
12 Competitive Landscape
12.1 Introduction
12.2 Competitive Overview
12.3 Market Ranking Analysis of Key Players, 2020
12.4 Market Share of Key Players, 2020
12.5 Revenue Analysis of Top 5 Market Players, 2020
12.6 Company Product Footprint Analysis
12.7 Company Evaluation Quadrant
12.7.1 Star
12.7.2 Emerging Leader
12.7.3 Pervasive
12.7.4 Participant
12.8 Competitive Scenario
12.9 Market Evaluation Framework
12.9.1 Contracts/Ventures/Agreements/Expansion
13 Company Profiles: Key Players
13.1 Cobham plc
13.2 L3Harris Technologies
13.3 Raytheon Technologies Corporation
13.4 Ultra Electronics
13.5 Marvin Group
13.6 Marotta Controls
13.7 Rafaut Group
13.8 Moog, Inc.
13.9 Ruag Group
13.10 Ferra Engineering Pty Ltd
13.11 Systima Technologies
13.12 Alkan
13.13 Lockheed Martin Corporation
13.14 Bae Systems
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/p73pit
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
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https://www.prnewswire.com/news-releases/global-weapons-carriage--release-system-market-2021-to-2026---advanced-weapon-launchers-presents-opportunities-301475623.html
| 2022-02-04T22:29:06
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| 0.841099
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GOL discloses preliminary traffic figures for January 2022
SÃO PAULO, Feb. 4, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of January 2022, compared to the same period in 2021.
Highlights:
- GOL's total supply (ASK) increased 26.2%. Total seats increased 29.8% and the number of departures increased by 29.3%. GOL's total demand (RPK) increased by 25.2% and the load factor was 82.6%.
- GOL's domestic supply (ASK) increased 22.2% and demand (RPK) increased by 21.5%. GOL's domestic load factor was 82.8%. The volume of departures increased by 27.4% and seats increased by 27.9%.
- GOL's international supply (ASK) was 132 million, the demand (RPK) was 102 million and international load factor was 77.4%.
December/21 Preliminary Traffic Figures:
* Source: Agência Nacional de Aviação Civil (ANAC) and the Company for the current month.
(1) Preliminary Figures
GOL Investor Relations
[email protected]
www.voegol.com.br/ir
+55 (11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. ("GOL")
GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshare and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies and live TV; and the best loyalty program, SMILES. In cargo transportation, GOLLOG delivers parcels to various regions in Brazil and abroad. The Company has a team of 15,000 highly qualified airline professionals focused on Safety, GOL's number one value, and operates a standardized fleet of 127 Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ri.
SOURCE GOL Linhas Aéreas Inteligentes S.A.
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https://www.prnewswire.com/news-releases/gol-discloses-preliminary-traffic-figures-for-january-2022-301475960.html
| 2022-02-04T22:29:12
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| 0.925411
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WASHINGTON, Feb. 4, 2022 /PRNewswire/ -- Erickson Immigration Group ("EIG"), a leading business immigration law firm, is delighted to announce that Hiba Mona Anver, Shareholder and Partner, is a Washington Business Journal Diversity in Business Award honoree.
The 15th annual program celebrates diversity and inclusion in the workforce and honors inspiring business leaders of color in Greater Washington. Hiba is one of 25 exceptional Washington area leaders recognized for their leadership and commitment to diversity, equity, and inclusion professionally and in their contributions to the community.
Named one of the top immigration attorneys for start-ups by Business Insider, Hiba is widely respected within the immigration field for her contributions and leadership. She is a sought-after voice in the media and public forums. In December 2021, she joined The George Washington University College of Law's Adjunct Faculty as Professorial Lecturer in Law.
Hiba is the first woman, person of color, and first-generation American to lead an internal legal team within EIG. In October 2021, she became an equal shareholder and Partner of EIG — a 50% minority-female-owned law firm. At EIG, Hiba established the Women in the Law (WIL) group, which provides opportunities for other female-identifying attorneys and colleagues. The WIL speaker series featuring a diverse roster of female speakers.
She is the partner Co-Chair of EIG's pro bono efforts, and she provides guidance and opportunities to the volunteer-led committee and leads by example. She regularly volunteers as a mentor and speaker to young women through the Public Leadership Education Network (PLEN) DC. Hiba is a member of the American Immigration Lawyers Association and National Association of Women Lawyers.
"It is an amazing honor to be recognized by the Washington Business Journal with this award. As a woman of color, I have always wanted to identify and eliminate bias and do my part to make the journey easier for others and, as a result, an award for Diversity in Business from such an esteemed institution absolutely means the world to me," said Hiba Anver.
Hiba will be honored at the Washington Business Journal Diversity in Business Event on March 24, 2022. For more information about the WBJ Diversity in Business awards, please visit The Washington Business Journal.
About Erickson Immigration Group
Erickson Immigration Group ("EIG"), founded in 1987, is a leading business immigration law firm. EIG provides comprehensive business immigration, global migration, and compliance solutions that enable companies to hire the best and brightest talent from around the world. The firm represents clients ranging from Fortune 500s to cutting-edge start-ups and provides them with EIG's signature Perfect Plus service — dedicated legal teams offering remarkable service and clear communication, innovative technology systems, and the highest level of information and data security. EIG, with multiple offices in the United States, EMEA, and APAC, partners with clients' mobility, HR, legal, and other teams (and their vendors) to "get to yes." Learn more at www.eiglaw.com.
SOURCE Erickson Immigration Group
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https://www.prnewswire.com/news-releases/hiba-mona-anver-erickson-immigration-group-partner-awarded-2022-diversity-in-business-honor-by-washington-business-journal-301475918.html
| 2022-02-04T22:29:24
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| 0.945258
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Holocaust Survivors Supported by The Blue Card Request Meeting with Whoopi Goldberg to Educate & Address Recent Damaging Remarks
NEW YORK, Feb. 4, 2022 /PRNewswire/ -- The Blue Card, the only organization in the United States whose sole mission is to provide financial support to needy Holocaust survivors, penned a joint letter with Holocaust victims to Whoopi Goldberg, her co-hosts, and ABC, following Goldberg's suspension from the network syndicated talk show The View.
Goldberg made comments on a recent broadcast minimizing the role of racism in the Nazi's targeting of Jews during the Holocaust. For the survivors participating in the joint letter, Goldberg's remarks were particularly alarming as recent surveys indicate that a significant number of young American's lack basic Holocaust literacy, including knowledge about Auschwitz and how the Nazi's systematically targeted Jews through genocide and mass internment.
Addressing Goldberg, the authors of the letter wrote "…we are a group of Jewish Holocaust survivors who came from various countries to the United States after enduring the atrocities committed by the Nazi regime… we have all heard your comments about how the Holocaust 'was not about race,' and instead was about, 'man's inhumanity to man'… [while] deeply hurt by these inaccurate assertions, [we] nevertheless would like to extend our hands to you so we can offer some insight and can help you during this moment of growth."
Masha Pearl, Executive Director of The Blue Card said, "…for someone of Goldberg's stature and platform, her remarks pose much hurt and harm to the Jewish community especially in light of the sharp rise of antisemitic hate crimes in the United States."
Pearl and the co-signing Holocaust survivors offered to meet Goldberg and the co-hosts of The View to explore the history of Nazi discrimination and how antisemitism has impacted Jews for over two millennia.
Pearl who has previously led educational trips with elected officials and public figures to Holocaust monuments, suggests that Goldberg take the time to "… meet with survivors and visit a Holocaust education center and to learn the history of how the Nazis not only targeted Jews for their religion but also labeled Jews as an 'inferior race' through propaganda materials and media outlets."
The joint letter which was delivered to ABC's corporate office in New York can be found here.
About the Blue Card
Founded in 1934, The Blue Card is the only organization in the United States whose sole mission is to aid needy Holocaust survivors by providing them with financial support. Presently, The Blue Card supports over 3,000 Holocaust survivor households in over 35 states.
To contact The Blue Card about their pilot Holocaust education program and their timely mission of aiding needy Holocaust survivors contact [email protected], 212-239-2251, or write to 171 Madison Avenue, Suite, 1405, New York, NY 10016.
SOURCE The Blue Card
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https://www.prnewswire.com/news-releases/holocaust-survivors-supported-by-the-blue-card-request-meeting-with-whoopi-goldberg-to-educate--address-recent-damaging-remarks-301475964.html
| 2022-02-04T22:29:30
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| 0.943273
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HORSHAM, Pa., Feb. 4, 2022 /PRNewswire/ -- Nicomatic, the Pennsylvania-based provider of creative interconnect solutions, achieved AS9100:2016 certification on December 20, 2021. The AS9100:2016 quality management system is an internationally recognized standard for organizations that provide defense, space, and aviation products and services.
The AS9100 certification ensures providers have adequate quality management systems in place, and many aerospace manufacturers and suppliers will work only with certified partners. Nicomatic's implementation of its AS9100 quality management system reflects its commitment to the quality and continuous improvement expectations of its customers.
Additionally, Nicomatic USA has implemented a strategic plan to achieve double-digit growth in revenue, job creation, and community contribution at its Horsham, PA facility by 2025. By 2025, Nicomatic plans to add approximately 20 jobs to its Montgomery County, PA factory. The implementation of this stringent aerospace quality management system is one step of many in Nicomatic USA's mission to exceed customer expectations.
The AS9100 standard was prepared by the International Aerospace Quality Group (IAQG). Nicomatic is AS9100:2016 registered by SRI Quality System Register in Seven Springs, Pennsylvania.
About Nicomatic
Nicomatic is an AS9100 and ISO 9001 certified designer and manufacturer of Harsh-Flex assemblies, micro-connectors, and creative interconnect solutions. The company specializes in standard and custom interconnect solutions for the harsh mil/aero and medical environments, producing I/O, PCB, and HMI solutions. With its US production site based in Horsham, PA, USA, the family-run international group has spent more than 40 years developing innovative interconnect solutions for world-class leaders in the aerospace, defense, and medical industries. Learn more at nicomatic.com.
Please contact Liz Shovlin, Director of Sales & Marketing – AMR, Nicomatic at [email protected] with questions or comments.
SOURCE Nicomatic
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https://www.prnewswire.com/news-releases/horsham-pa-micro-connector-manufacturer-achieves-aerospace-certification-301475921.html
| 2022-02-04T22:29:37
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| 0.921699
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BRIDGEWATER, N.J., Feb. 4, 2022 /PRNewswire/ -- Insmed Incorporated (Nasdaq: INSM), a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases, today announced the granting of inducement awards to 10 new employees. In accordance with NASDAQ Listing Rule 5635(c)(4), the awards were approved by Insmed's Compensation Committee and made as a material inducement to each employee's entry into employment with the Company.
In connection with the commencement of their employment, the employees received options on February 1, 2022 to purchase an aggregate 74,410 shares of Insmed common stock at an exercise price of $23.71 per share, the closing trading price on the Nasdaq Global Select Market on the date of grant.
The options have a 10-year term and a four-year vesting schedule, with 25% of the shares subject to the option vesting on the first anniversary of the relevant grant date and 12.5% of the shares subject to the option vesting every six months thereafter through the fourth anniversary of the relevant grant date, subject to the relevant employee's continued service with Insmed on the applicable vesting date.
Insmed Incorporated is a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases. Insmed's first commercial product is a first-in-disease therapy approved in the United States, Europe, and Japan to treat a chronic, debilitating lung disease. The Company is also progressing a robust pipeline of investigational therapies targeting areas of serious unmet need, including neutrophil-mediated inflammatory diseases and rare pulmonary disorders. Insmed is headquartered in Bridgewater, New Jersey, with a growing footprint across Europe and in Japan. For more information, visit www.insmed.com.
Contact:
Investors:
Eleanor Barisser
Associate Director, Investor Relations
Insmed
(718) 594-5332
[email protected]
Media:
Mandy Fahey
Executive Director, Corporate Communications
Insmed
(732) 718-3621
[email protected]
SOURCE Insmed Incorporated
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| 2022-02-04T22:29:43
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en
| 0.915567
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RADNOR, Pa., Feb. 4, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Organogenesis Holdings Inc. ("Organogenesis") (NASDAQ: ORGO). The action charges Organogenesis with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Organogenesis's materially misleading statements to the public, Organogenesis's investors have suffered significant losses.
CANNOT VIEW THIS VIDEO? PLEASE CLICK HERE
CLICK HERE TO SUBMIT YOUR ORGANOGENESIS LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/organogenesis-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=organogenesis
LEAD PLAINTIFF DEADLINE: February 8, 2022
CLASS PERIOD: March 17, 2021 through October 11, 2021
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at [email protected]
ORGANOGENESIS'S ALLEGED MISCONDUCT
Organogenesis is a regenerative medicine company that develops, manufactures, and commercializes solutions for advanced wound care, surgical and sports medicine markets. The company's advanced wound care products include "Affinity," an amniotic allograft wound covering and surgical barrier for application in the care of chronic and acute wounds or surgical implantation in spine, orthopedic, and sports medicine applications.
On October 12, 2021, an anonymous report, the VIC Report, addressing Organogenesis was published on Value Investors Club. The report alleged that Organogenesis has been improperly billing the federal government for $250 million annually. Additionally, the VIC Report claimed that Organogenesis had set the price for its new wound covering, Affinity, "exorbitantly high[,]" which Medicare reimbursed, while making the product lucrative for doctors to use through large rebates, and that Organogenesis employed a similar tactic for its new PuraPly XT product. Moreover, the report claimed that "Organogenesis gave doctors, often ethically questionable podiatrists that had been hurting from covid, rebates on Affinity[,]" and that "[t]hese rebates could be upwards of 30% and the doctors pocket the spread between the reimbursed amount and what they paid Organogenesis." Following this news, Organogenesis's stock price fell $1.70 per share, or 14.11%, to close at $10.35 per share on October 12, 2021.
WHAT CAN I DO?
Organogenesis investors may, no later than February 8, 2022, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Organogenesis investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. At the end of the day, we have succeeded if the bad guys pay up, and if you recover your assets. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(844) 887-9500 (toll free)
[email protected]
SOURCE Kessler Topaz Meltzer & Check, LLP
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| 2022-02-04T22:29:49
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en
| 0.921933
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MONTREAL, Feb. 4, 2022 /PRNewswire/ - Mr. Miroslav Wicha, the President and Chief Executive Officer of Haivision Systems Inc. ("Haivision"), has filed today an early warning report with respect to his shareholdings in Haivision, as required by applicable securities laws.
On February 4, 2022, Mr. Wicha acquired ownership and control of 26,670 common shares of Haivision ("Common Shares") upon the settlement of 26,670 restricted share units ("RSUs") issued under Haivision's equity incentive plan and following the surrender for cancellation of 29,996 RSUs (the "Settlement of RSUs").
On February 4, 2022, after giving effect to the Settlement of RSUs, a total of 28,829,609 Common Shares are issued and outstanding. The 26,670 Common Shares acquired upon the Settlement of RSUs represent 0.09% of the issued and outstanding Common Shares.
As of February 4, 2022, Mr. Wicha: (i) beneficially owns and controls 1,796,431 Common Shares (representing 6.23% of the issued and outstanding Common Shares), (ii) controls 1,795,115 Common Shares beneficially owned by the Hudson Wicha Family Trust, a family trust of which he is a trustee, and (iii) controls an aggregate of 12,000 Common Shares beneficially owned by his children. This represents, in aggregate (the "Total Control"), 3,603,546 Common Shares, or 12.50% of the issued and outstanding Common Shares (or, immediately prior to the completion of the Settlement of RSUs, 3,576,876 Common Shares, or 12.42% of the then issued and outstanding Common Shares).
In addition, as of February 4, 2022, Mr. Wicha beneficially owns and controls options issued under Haivision's equity incentive plan to acquire 340,000 Common Shares (of which 56,666 are currently vested (the "Vested Options") and 283,334 will vest in accordance with their terms (the "Unvested Options")) and RSUs issued under Haivision's equity incentive plan to acquire 113,334 Common Shares (the "Unvested RSUs") (which will vest in accordance with their terms).
Assuming the exercise of all the Vested Options, an aggregate of 56,666 Common Shares would be issued, and the Total Control would increase to 3,660,212 Common Shares, or 12.67% of the issued and outstanding Common Shares (based on the number of Common Shares issued and outstanding as of the date hereof and after giving effect to the issuance of the 56,666 Common Shares issuable under such options). Assuming the exercise of the Vested Options and the Unvested Options and the settlement of the Unvested RSUs, an aggregate of 453,334 Common Shares would be issued, and the Total Control would increase to 4,056,880 Common Shares, or 13.85% of the issued and outstanding Common Shares (based on the number of Common Shares issued and outstanding as of the date hereof and after giving effect to the issuance of the 340,000 Common Shares issuable under such options and 113,334 Common Shares issuable under such RSUs).
Mr. Wicha and any joint actor may, from time to time, acquire or dispose of ownership or control or direction over some or all of the securities of Haivision depending on a number of factors.
For further information, including regarding the early warning report, including a copy of same (which is available under Haivision's SEDAR profile at www.sedar.com), please contact:
Dan Rabinowitz, Chief Financial Officer and Executive Vice President, Operations, of Haivision, at 1-847-362-6800 ext. 7209 or by email at [email protected]. The address of the head office of Haivision is 2600 Boulevard Alfred Nobel, 5th Floor, Montréal, Québec, H4S 0A9.
SOURCE Miroslav Wicha
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https://www.prnewswire.com/news-releases/miroslav-wicha-files-early-warning-report-301475969.html
| 2022-02-04T22:30:01
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en
| 0.953284
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WASHINGTON, Feb. 4, 2022 /PRNewswire/ -- Students across the country will have three opportunities to hear from NASA astronauts aboard the International Space Station. The Earth-to-space calls will air live Monday, Feb. 7, Wednesday, Feb. 9, and Friday, Feb. 11, on NASA Television, the NASA app, and the agency's website.
NASA astronaut Kayla Barron will answer prerecorded video questions from K-6 students at North Decatur Elementary in rural Indiana at 1:10 p.m. EST Monday, Feb. 7. The downlink rounds out a unit of space-themed STEM curriculum at the school and will provides students with real-world examples of why skills in science, technology, engineering, and math are important.
The event will be virtual. Media interested in covering it should contact North Decatur Elementary's Linda Smith at: 812-663-9215 or [email protected].
NASA astronauts Raja Chari, Thomas Marshburn, and Mark Vande Hei will answer prerecorded video questions from students at Worthing Early College High School in Houston at 1:15 p.m. EST Wednesday, Feb. 9. The downlink is part of the school's "Sunnyside Goes Intergalactic" Earth science unit of study, which challenges students to practice sustainability.
The event will be virtual. Media interested in covering it should contact school Worthing Early College High School's Julian Rhyne at: 713-478-4279, or at [email protected].
Vande Hei also will answer prerecorded video questions from students at Virginia Western Community College in Roanoke, Virginia, at 1:10 p.m. EST Friday, Feb. 11. The event is part of an initiative to encourage students to incorporate space into their schooling and their lives. It is supported by a partnership linking regional industry and academic institutions, and will highlight local internships, transfer opportunities, scholarships, and outreach programs.
The event will be virtual. Media interested in covering it should contact Virginia Western Community College's Corey Bapst at: 540-857-6010 or [email protected].
Linking students directly to astronauts aboard the space station provides unique, authentic experiences designed to enhance student learning, performance, and interest in science, technology, engineering, and mathematics. Astronauts living in space on the orbiting laboratory communicate with NASA's Mission Control Center in Houston 24 hours a day through the Near Space Network's Tracking and Data Relay Satellites (TDRS).
For more than 21 years, astronauts have continuously lived and worked aboard the space station, testing technologies, performing science, and developing the skills needed to explore farther from Earth. Through NASA's Artemis program, the agency will send astronauts to the Moon to prepare for future human exploration of Mars. Inspiring the next generation of explorers – the Artemis Generation – ensures America will continue to lead in space exploration and discovery.
See videos and lesson plans highlighting research on the International Space Station at:
https://www.nasa.gov/stemonstation
SOURCE NASA
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| 2022-02-04T22:30:07
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en
| 0.869464
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NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2021
VANCOUVER, BC, Feb. 4, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE: NEWP) reports its unaudited consolidated financial results for the three and six months ended December 31, 2021, the second quarter of fiscal 2022. All figures are expressed in US dollars unless otherwise stated.
QUARTERLY HIGHLIGHTS
- Metallurgical test results for the Silver Sand Project from 2020 and 2021 identified heap leach process as the preferred processing method, which achieves 80% silver recovery and significantly de-risks the project;
- Completed the initial discovery drill program at the Carangas Project with two phases for a total of 13,209 metres ("m") drilled in 35 holes, defining a mineralized area approximately 1,000 m by 700 m and up to 400 m in depth;
- Strengthened the board of directors (the "Board") with the election of two additional directors, Mr. Terry Salman and Ms. Maria Tang. Mr. Salman has subsequently been appointed as the Chair of the Board; and
- Maintained working capital of $38.1 million, sufficient to advance the Silver Sand Project, the Carangas Project and other regional exploration initiatives.
Subsequent to end of the reporting period, on January 24, 2022, the Company announced the resignation of Dr. Mark Cruise as Chief Executive Officer ("CEO") and director of the Board and appointed Dr. Rui Feng as the CEO. Dr. Rui Feng is the founder of the Company and served as CEO until April 27, 2020.
FINANCIAL RESULTS
Net loss attributable to equity holders of the Company for the three months ended December 31, 2021 was $1,295,940 or $0.01 per share (three months ended December 31, 2020 – net loss of $1,774,420 or $0.01 per share). The Company's financial results were mainly impacted by the following: (i) operating expenses of $1,364,790 compared to $1,251,752 in the prior year quarter; (ii) income from investments of $131,471 compared to loss from investments of $98,800 in the prior year quarter; and (iii) foreign exchange loss of $63,527 compared to loss of $425,437 in the prior year quarter.
For the six months ended December 31, 2021, net loss attributable to equity holders of the Company was $2,674,167 or 0.02 per share compared to net loss of $2,904,667 or 0.02 per share for the six months ended December 31, 2020.
Operating expenses for the three and six months ended December 31, 2021 were $1,364,790 and $2,961,321, respectively (three and six months ended December 31, 2020 - $1,251,752 and $2,773,711, respectively).
Income from investments for the three months ended December 31, 2021 was $131,471 (three months ended December 31, 2020 – loss of $98,800) and is comprised of a $74,762 gain on the Company's equity investments (three months ended December 31, 2020 – gain of $110,009), a $31,735 gain on bonds (three months ended December 31, 2020 – loss of $306,048), $nil income from dividends (three months ended December 31, 2020 – income of $54,026), and $24,974 interest earned from cash accounts (three months ended December 31, 2020 - $43,213).
For the six months ended December 31, 2021, income from investments was $83,552 (six months ended December 31, 2020 – income of $534,657).
Foreign exchange loss for the three months ended December 31, 2021 was $63,527 (three months ended December 31, 2020 – loss of $425,437). The Company holds a large portion of cash and short-term investments in US dollars ("USD") to support its operations in Bolivia. Revaluation of these USD-denominated financial assets to their Canadian dollar ("CAD") functional currency equivalents resulted in unrealized foreign exchange gain or loss for the relevant reporting periods. During the three months ended December 31, 2021, the USD depreciated by 0.5% against the CAD (from 1.2741 to 1.2678) while in the prior year quarter the USD depreciated by 4.6% against the CAD (from 1.3339 to 1.2732).
For the six months ended December 31, 2021, foreign exchange gain was $200,844 (six months ended December 31, 2020 – loss of $666,956).
Working Capital: As of December 31, 2021, the Company had working capital of $38.1 million.
PROJECT OVERVIEW
SILVER SAND PROJECT
On October 19, 2021, the Company reported results of the metallurgical test program for the Silver Sand Project. Highlights of the test work include:
- Identified heap leach process as the preferred processing method;
- 80% silver recovery achieved through heap leach column testing;
- Approximately 80% of the resource is amenable to heap leaching and is located near the top of the deposit;
- Lower capital and operating costs compared to alternative process methods;
- Silver doré production on site further improves project economics;
- Significantly de-risks the project due to low technical complexity; and
- Increased project efficiency as the heap leach process may allow for lower cut-off grade, leading to an increased minable resource.
For the three and six months ended December 31, 2021, total expenditures of $1,216,427 and $3,421,960, respectively (three and six months ended December 31, 2020 - $669,717 and $1,352,412, respectively) were capitalized under the project.
CARANGAS PROJECT
On June 29, 2021, the Company announced the commencement of an initial discovery drill program at the Carangas Project to test near-surface bulk-tonnage and high-grade vein-hosted silver-rich polymetallic targets centered on and adjacent to the historically exploited West and East Dome areas. As of the date of this news release, total drilling of 13,209 m was completed in 35 holes, defining a mineralized area of approximately 1,000 m long by 700 m wide and up to 400 m in depth. Assays for the first 11 drill holes include a 143 m interval from surface grading 130 g/t silver. Following the success of the discovery drill program in 2021, a new resource definition drill program is planned for 2022.
For the three and six months ended December 31, 2021, total expenditures of $1,425,166 and $1,971,108, respectively (three and six months ended December 31, 2020 - $nil and $nil, respectively) were capitalized under the project.
SILVERSTRIKE PROJECT
During 2020, the Company's exploration team completed reconnaissance and detailed mapping and sampling programs on the northern portion of the project. The results to date indicate good to excellent exploration potential for hosting narrow, high-grade, near-surface broad-zones of silver mineralization. The Company is planning a discovery drill program in 2022 to test the northern and central areas of the project.
For the three and six months ended December 31, 2021, total expenditures of $9,057 and $10,805, respectively (three and six months ended December 31, 2020 - $559,482 and $972,736, respectively) were capitalized under the project.
MANAGEMENT DISCUSSION AND ANALYSIS
This news release should be read in conjunction with the Company's Management Discussion and Analysis ("MD&A") and the unaudited condensed consolidated interim financial statements and notes thereto for the corresponding period, which have been filed with the Canadian Securities Administrators and are available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.newpacificmetals.com.
MANAGEMENT UPDATES
The Company announces the following update to its senior management team. Steve Stakiw has joined New Pacific as Senior Vice President. Mr. Stakiw is a resource sector capital markets executive and geologist with over 25 years of experience encompassing mineral exploration, corporate development, and investor relations. He has a strong track record with the financial community, mining analysts and investors.
QUALIFIED PERSON
The scientific and technical information contained in this news release has been reviewed and approved by Alex Zhang, P. Geo., Vice President of Exploration, who is a Qualified Person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Resources ("NI 43-101"). The Qualified Person has verified the information disclosed herein and are not aware of any significant risks and uncertainties that could be expected to affect the reliability or confidence in the information discussed herein.
ABOUT NEW PACIFIC
New Pacific is a Canadian exploration and development company with precious metal projects, including the flagship Silver Sand Project, the Silverstrike Project and the Carangas Project, all of which are located in Bolivia. The Company is focused on progressing the development of the Silver Sand Project, while growing its Mineral Resources through the exploration and acquisition of properties in the Americas.
For further information, please contact:
New Pacific Metals Corp. Investor Relations
Phone: (604) 633-1368
U.S. & Canada toll-free: 1 (877) 631-0593
E-mail: [email protected]
www.newpacificmetals.com
To receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Such statements include, but are not limited to: statements regarding anticipated exploration, drilling, development, construction, and other activities or achievements of the Company; timing of receipt of permits and regulatory approvals; timing and content of the PEA, and estimates of the Company's revenues and capital expenditures.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks relating to: global economic and social impact of COVID-19; fluctuating equity prices, bond prices, commodity prices; calculation of resources, reserves and mineralization, general economic conditions, foreign exchange risks, interest rate risk, foreign investment risk; loss of key personnel; conflicts of interest; dependence on management, uncertainties relating to the availability and costs of financing needed in the future, environmental risks, operations and political conditions, the regulatory environment in Bolivia and Canada, risks associated with community relations and corporate social responsibility, and other factors described under the heading "Risk Factors" in the Company's Annual Information Form for the year ended June 30, 2021 and its other public filings.
This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information.
The forward-looking statements are necessarily based on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates, assumptions, beliefs, expectations and options include, but are not limited to, those related to the Company's ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations and workforce; development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the stabilization of the political climate in Bolivia; the Company's ability to obtain and maintain social license at its mineral properties; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with COMIBOL by the Plurinational Legislative Assembly of Bolivia; the ability of the Company's Bolivian partner to convert the exploration licenses at the Carangas Project to AMC; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.
Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically required by applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. These forward-looking statements are made as of the date of this news release.
CAUTIONARY NOTE TO US INVESTORS
This news release, including the documents incorporated by reference herein, has been prepared in accordance with the requirements of the securities laws in effect in Canada which differ from the requirements of United States securities laws. All mining terms used herein but not otherwise defined have the meanings set forth in NI 43-101.
Accordingly, information contained in this news release and the documents incorporated by reference herein containing descriptions of the Company's mineral deposits may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements of United States federal securities laws and the rules and regulations thereunder.
SOURCE New Pacific Metals Corp.
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https://www.prnewswire.com/news-releases/new-pacific-reports-financial-results-for-the-three-and-six-months-ended-december-31-2021-301475949.html
| 2022-02-04T22:30:13
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| 0.943232
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NOTICE: Standard Lithium Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit - SLI
SAN DIEGO, Feb. 4, 2022 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Standard Lithium Ltd. (NYSE: SLI) securities between May 19, 2020 and November 17, 2021, both dates inclusive (the "Class Period") have until March 28, 2022 to seek appointment as lead plaintiff in Gloster v. Standard Lithium Ltd., No. 22-cv-00507 (E.D.N.Y.). The Standard Lithium class action lawsuit charges Standard Lithium as well as certain of its top executives with violations of the Securities Exchange Act of 1934.
If you suffered significant losses and wish to serve as lead plaintiff of the Standard Lithium class action lawsuit, please provide your information by clicking here. You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected]. Lead plaintiff motions for the Standard Lithium class action lawsuit must be filed with the court no later than March 28, 2022.
CASE ALLEGATIONS: Standard Lithium explores, develops, and processes lithium brine properties in the U.S., with its flagship project being the Lanxess project with approximately 150,000 acres of brine leases located in southwestern Arkansas. On May 19, 2020, Standard Lithium announced the successful start-up of Standard Lithium's industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess' South Plant facility in southern Arkansas (the "Demonstration Plant"), a purportedly "first-of-its-kind plant" using Standard Lithium's proprietary LiSTR Direct Lithium Extraction ("LiSTR") technology.
The Standard Lithium class action lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose that: (i) the LiSTR technology's extraction recovery efficiencies were overstated; (ii) accordingly, Standard Lithium's final product lithium recovery percentage at the Demonstration Plant would not be as high as Standard Lithium had represented to investors; and (iii) as a result, Standard Lithium's public statements were materially false and misleading at all relevant times.
On November 18, 2021, Blue Orca Capital published a short report alleging that Standard Lithium's claims of achieving of 90% extraction rates of battery grade lithium at its Arkansas demonstration site are not supported by previously undisclosed data filed by Standard Lithium with the state regulator, which indicated significantly lower recovery rates. Following publication of the Blue Orca report, Standard Lithium's common share price fell by nearly 19%, damaging investors.
THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased Standard Lithium securities during the Class Period to seek appointment as lead plaintiff in the Standard Lithium class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Standard Lithium class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Standard Lithium class action lawsuit. An investor's ability to share in any potential future recovery of the Standard Lithium class action lawsuit is not dependent upon serving as lead plaintiff.
ABOUT ROBBINS GELLER RUDMAN & DOWD LLP: With 200 lawyers in 9 offices nationwide, Robbins Geller Rudman & Dowd LLP is the largest U.S. law firm representing investors in securities class actions. Robbins Geller attorneys have obtained many of the largest shareholder recoveries in history, including the largest securities class action recovery ever – $7.2 billion – in In re Enron Corp. Sec. Litig. The 2020 ISS Securities Class Action Services Top 50 Report ranked Robbins Geller first for recovering $1.6 billion for investors that year, more than double the amount recovered by any other securities plaintiffs' firm. Please visit http://www.rgrdlaw.com for more information.
Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.
Contact:
Robbins Geller Rudman & Dowd LLP
655 W. Broadway, San Diego, CA 92101
J.C. Sanchez, 800-449-4900
[email protected]
https://www.linkedin.com/company/rgrdlaw
https://twitter.com/rgrdlaw
https://www.facebook.com/rgrdlaw
SOURCE Robbins Geller Rudman & Dowd LLP
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https://www.prnewswire.com/news-releases/notice-standard-lithium-ltd-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit--sli-301475937.html
| 2022-02-04T22:30:19
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| 0.91925
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DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Ozone Generator Market with Covid-19 Impact Analysis" report has been added to ResearchAndMarkets.com's offering.
The global ozone generator market size is projected to grow from USD 1.1 billion in 2021 to USD 1.5 billion by 2026, at a CAGR of 6.2% during the forecast period 2020 to 2026.
Increased non conventional applications of ozone such as extrusion coatings and increasing demand for ozone generators from end use industries such as food & beverages, chemical, pulp & paper, pharmaceutical, among others is expected to accelerate the growth of the ozone generator market.
The pulp bleaching application segment is projected to grow at the highest CAGR during the forecast period.
Based on application, the pulp bleaching segment is projected to grow at the highest CARG during the forecast period. Ozone bleaching is one of the key technologies considered for total chlorine-free (TCF) or elemental chlorine-free (ECF) pulp production. Ozone bleaching is usually conducted in medium consistency pulp and relatively low pH.
Advantages of ozone over chlorine for pulp bleaching is expected to drive the growth of ozone generator market in the pulp bleaching segment.
The corona discharge technology segment is projected to grow at the highest CAGR during the forecast period.
Based on the technology, the corona discharge segment is projected to grow at the highest CAGR during the forecast period. Corona discharge ozone generator is used for both industrial and commercial applications. The growth can be attributed to the advantages of corona discharge technology over other materials.
Asia Pacific is projected to grow the highest CAGR in the ozone generator market during the forecast period.
Asia Pacific is projected to grow at the highest CAGR in the ozone generator market from 2021 to 2026. China, India, and Japan are witnessing rapid industrial, manufacturing, and infrastructural growth. Some of the economies in Asia Pacific have tremendous market potential in terms of rising population, favorable government policies, and industrial growth. The region is attracting investors to set up production facilities because of the availability of raw materials and labor at lower prices.
It has witnessed significant growth in manufacturing activities due to low manufacturing costs and support of the local governments. Increasing investments in R&D activities related to wastewater treatment are driving the growth of the ozone generator market in the Asia Pacific region. According to the International Monetary Fund (IMF), China and India are the two fastest-growing economies in the world.
This economic growth is expected to increase industrial activities in these countries, leading to increased demand for treated water. This, in turn, is expected to fuel the ozone generator market in the region. Factors expected to fuel the growth of the Asia Pacific ozone generator market include increasing population, rapid urbanization, increasing focus on maintaining high-quality municipal water supplies, industrialization, and stringent regulations related to the wastewater treatment.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in Ozone Generator Market
4.2 Ozone Generator Market, by Region
4.3 North America Ozone Generator Market, by Application & Country
4.4 Ozone Generator Market, by Major Countries
5 Market Overview
5.1 Market Dynamics
5.1.1 Drivers
5.1.1.1 Water Scarcity and Stringent Laws & Regulations
5.1.1.2 Growing Demand for Ozone Generators from Municipal Water Treatment Plants
5.1.1.3 Increased Non-Conventional Applications of Ozone Generators
5.1.1.4 An Alternative to Chlorine for Water Disinfection
5.1.2 Restraints
5.1.2.1 High Installation and Maintenance Costs
5.1.2.2 Adverse Health Effects Associated with Ozone
5.1.3 Opportunities
5.1.3.1 Technological Advancements in Wastewater Treatment Systems
5.1.3.2 Investments by Developed Countries in Emerging Economies
5.1.4 Challenges
5.1.4.1 Lack of Awareness
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Threat of New Entrants
5.2.3 Threat of Substitutes
5.2.4 Bargaining Power of Buyers
5.2.5 Intensity of Rivalry
6 Industry Trends
6.1 Supply Chain Analysis
6.2 Customer Analysis & Sales Channels
6.2.1 Business-To-Business (B2B)
6.2.2 Business-To-Consumer (B2C)
6.3 Average Selling Price Trend Analysis
6.4 COVID-19 Impact Analysis
6.4.1 COVID-19 Health Assessment
6.4.2 COVID-19 Impact on Ozone Generator Market
6.4.2.1 Potential New Application Due to COVID-19
6.4.2.2 Post COVID-19 Scenario
6.5 Macroeconomic Overview and Trends
6.5.1 Introduction
6.5.2 Trends and Forecast of GDP
6.5.3 Global Electronics Industry
6.5.4 Manufacturing Industry
6.5.5 Oil & Gas Industry
7 Ozone Generator Market, by Process
7.1 Introduction
7.2 Odor Control
7.3 Groundwater Remediation
7.3.1 Key Features of Ozone for Soil Remediation:
7.3.2 Contaminants Destroyed by Ozone:
7.4 Disinfection
7.4.1 Advantages:
7.4.2 Disadvantages:
8 Ozone Generator Market, by Technology
8.1 Introduction
8.2 Corona Discharge
8.2.1 Increasing Industrialization to Boost Demand for Ozone Generators
8.3 Ultraviolet Radiation
8.3.1 Ultraviolet (Uv) Radiation Technology Used Where Small Concentration of Ozone is Required
8.4 Electrolysis
8.4.1 North America is Largest Market for Ozone Generators in Electrolysis Segment
8.5 Radiochemical
8.5.1 Asia-Pacific is Fastest-Growing Market in Radiochemical Segment
9 Ozone Generator Market, by Application
9.1 Introduction
9.2 Water Purification
9.2.1 Increasing for Demand for Pure Water Contributing to Market Growth
9.3 Air Purification
9.3.1 Increased Demand for Clean Air in Industrial and Residential Sectors
9.4 Pulp Bleaching
9.4.1 Demand for Ozone Generator to Rise for Pulp Bleaching
9.5 Organic Synthesis
9.5.1 Rising Pharmaceuticals Sector to Drive the Ozone Generator Market
9.6 Aquaculture
9.6.1 Rise in Use of Ozonated Water in Aquaculture Sector
9.7 Food Processing
9.7.1 Increase in Demand for Ozone Generators for Food Processing
9.8 Surface Treatment
9.8.1 Rise in Use of Surface Treatment Application in Semiconductors Industry
9.9 Medicine & Aesthetics
9.9.1 Need for Clean Air, Water, and Medical Equipment Contributing to Growth of Market
9.10 Others
10 Ozone Generator Market, by End-Use Industry
10.1 Introduction
10.2 Municipal & Industrial Water Treatment
10.2.1 Rising Demand for Water Contributing to Market Growth
10.3 Residential & Industrial Air Treatment
10.3.1 Demand for Clean Air in Residential and Industrial Sectors
10.4 Food & Beverages
10.4.1 North America is Fastest-Growing Market for Ozone Generators in Food & Beverages Sector
10.5 Pharmaceutical
10.5.1 Asia-Pacific is Fastest-Growing Market for Ozone Generators in Pharmaceutical Industry
10.6 Paper & Pulp
10.6.1 Ozone Mainly Used for Decolorization and Decontamination of Pulp
10.7 Semiconductors
10.7.1 Rising Demand for Electronics Will Boost Market Growth
10.8 Automotive
10.8.1 COVID-19 Pandemic Contributing to Increased Need for Automotive Sanitization
10.9 Others
11 Ozone Generator Market, by Region
12 Competitive Landscape
12.1 Introduction
12.2 Competitive Landscape Mapping
12.2.1 Star
12.2.2 Emerging Leaders
12.2.3 Pervasive
12.2.4 Participants
12.3 Competitive Benchmarking
12.3.1 Strength of Product Portfolio
12.3.2 Business Strategy Excellence
12.4 Overview
12.5 Competitive Situation & Trends
12.5.1 Partnerships
12.5.2 New Product Launches
12.5.3 Contracts
12.6 Market Share Analysis
13 Company Profiles
13.1 Major Player
13.1.1 Mitsubishi Electric Corporation
13.1.2 Xylem
13.1.3 Suez
13.1.4 Ebara Corporation
13.1.5 Toshiba Corporation
13.1.6 Mks Instruments
13.1.7 Metawater Co. Ltd.
13.1.8 Teledyne Technologies Inc.
13.1.9 Tmeic
13.1.10 Corotec Corporation
13.1.11 Ozonetek Limited
13.1.12 Lenntech
13.1.13 Biotek Environmental Science Ltd.
13.1.14 Biozone Corporation
13.1.15 Ozonetech Systems Ots Ab
13.1.16 Esco International Ltd.
13.1.17 Chemtronics Technologies (India) Pvt. Ltd.
13.1.18 Faraday Ozone
13.1.19 Pinnacle Ozone Solutions, LLC
13.1.20 Ecozone Technologies Ltd.
13.1.21 Enaly Ozone Generator
13.1.22 Absolute Systems Inc.
13.1.23 International Ozone
13.1.24 Industrie De Nora S.P.A
13.1.25 Spartan Environmental Technologies
13.1.26 Fujian Newland Entech Co. Ltd.
13.1.27 Shandong Nippon Photoelectricity Equipment Co. Ltd.
13.1.28 Jinan Sankang Envi-Tech Co. Ltd.
13.1.29 Taoture International Enterprises Inc.
13.1.30 Creative Oz-Air (I) Pvt. Ltd.
13.1.31 Eltech Ozone
13.1.32 Dongguan Beelee Electronics Co. Ltd.
13.1.33 Ozonefac Limited
13.1.34 Medozons Ltd.
14 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/sxywlo
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
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https://www.prnewswire.com/news-releases/ozone-generator-market-with-covid-19-impact-analysis-by-technology-application-end-use-industry-and-region---global-forecast-to-2026-301475631.html
| 2022-02-04T22:30:25
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| 0.789746
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Panel Discussion on the International Solar Alliance and the Quest for Clean Energy
WASHINGTON, Feb. 4, 2022 /PRNewswire/ -- Global Strat View hosted a panel discussion on the International Solar Alliance (ISA) and the Quest for Clean Energy on February 4, 2022, at the National Press Club.
Moderated by Kostis Geropoulos, Energy Editor at New Europe, the panelists included Jagjeet Sareen, Assistant Director General of ISA; Llewellyn King, founder of the Energy Daily; and Neelima Jain, Deputy Director & Senior Fellow, Wadhwani Chair in U.S. India Policy Studies, CSIS.
"If you add up all the net zero commitments made by countries in Glasgow, solar technology applications provide more than 50 percent of the solution. And if you add hydrogen to it, if you add storage, heating and cooling, the offering of solar as a solution goes about 65 percent. It's well established among among the top leaders, thinkers, modelers, industry people who are doing forecasting that we need to harness solar technology in a much bigger way to solve the energy transition problem if we are really serious about this, " said Jagjeet Sareen
"India has been punching above its weight as part of the additional renewable energy capacity system, despite continuing to balance the development and social needs of a large and complex developing nation. The installed capacity of renewable energy overall has increased to about 220 plus percent in the last four years, and solar power capacity alone has increased more than 11 fold in the last five years," said Neelima Jain.
"Solar electricity from photovoltaic cells is cheap. We know how to make it. We know how to deploy it. We need to find out how to move it around quickly and cheaply and how to store it. It is one of the great benefits for mankind, and it is definitely a huge benefit in fighting carbon in the atmosphere," said Llewellyn King.
The ISA was founded by India and France to mobilize efforts against climate change through deployment of solar energy solutions. It was conceptualized on the sidelines of the 21st Conference of Parties (COP21) to the UN Framework Convention on Climate Change in Paris in 2015. India hosted the Founding Conference of the ISA in 2018, and the ISA Secretariat was established in New Delhi. 40 % of India's total installed electricity capacity today is non-fossil based.
For more information about this event, or Global Strat View, contact us at 202-503-8052.
SOURCE Global Strat View
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https://www.prnewswire.com/news-releases/panel-discussion-on-the-international-solar-alliance-and-the-quest-for-clean-energy-301475956.html
| 2022-02-04T22:30:31
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en
| 0.952446
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Meta Materials Inc. f/k/a Torchlight Energy Resources, Inc. ("Meta" or the "Company") (NASDAQ: MMAT; TRCH) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and indexed under 22-cv-00463, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired the publicly traded securities of the Company between September 21, 2020 and December 14, 2021, both dates inclusive (the "Class Period"). Plaintiff seeks to recover compensable damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder.
If you are a shareholder who purchased or otherwise acquired Meta securities during the Class Period, you have until March 4, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Meta purports to be a developer of high-performance functional materials and nanocomposites. Before the Company's business combination with Metamaterial Inc. which closed June 28, 2021 (the "Business Combination"), the Company was known as "Torchlight Energy Resources, Inc."
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statement and/or failed to disclose that: (1) the Business Combination would result in an Securities and Exchange Commission ('SEC") investigation and subpoena in the matter captioned In the Matter of Torchlight Energy Resources, Inc.; (2) the Company has materially overstated its business connections and dealings; (3) the Company has materially overstated its ability to produce and commercialize its products; (4) the Company has materially overstated its products' novelty and capabilities; (5) the Company's products did not have the potential to be disruptive because, among other things, the Company priced its products too high; and (6) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
On November 15, 2021, after market hours, the Company filed with the SEC its quarterly report on Form 10-Q for the period ended September 30, 2021 which announced the SEC subpoena.
On this news, Meta's shares fell 3.9% to close at $4.58 per share on November 16, 2021, damaging investors.
On December 14, 2021, during market hours, market researcher Kerrisdale Capital released a report alleging, among other things, that "Meta has habitually made outlandish and misleading claims about the feasibility, development, and commercial potential of various technologies only to repeatedly move the goalposts or retrospectively alter its claims, often just quietly dropping entire projects they had previously touted as pivotal."
On this news, Meta's shares fell 5.8% to close at $2.91 per share on December 14, 2021, further damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/pomerantz-law-firm-announces-the-filing-of-a-class-action-against-meta-materials-inc-fka-torchlight-energy-resources-inc-and-certain-officers--mmat-trch-301475849.html
| 2022-02-04T22:30:37
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en
| 0.948942
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Marathon Digital Holdings, Inc. f/k/a Marathon Patent Group, Inc. ("Marathon" or the "Company") (NASDAQ: MARA) and certain of its officers. The class action, filed in the United States District Court for the District of Nevada, and docketed under 21-cv-02209, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Marathon securities between October 13, 2020 and November 15, 2021, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased Marathon securities during the Class Period, you have until February 15, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Marathon is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets in the United States. The Company was formerly known as "Marathon Patent Group, Inc." and changed its name to "Marathon Digital Holdings, Inc." on March 1, 2021.
In October 2020, Marathon announced the formation of a new joint venture with Beowulf Energy LLC ("Beowulf") purportedly focused on delivering low-cost power to Marathon's Bitcoin mining operations (the "Beowulf Joint Venture"). In connection with that joint venture, Marathon entered into a series of agreements with multiple parties to design and build a data center in Hardin, Montana (the "Hardin Facility"), issuing 6 million shares of its common stock to the parties of those agreements.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Beowulf Joint Venture, as it related to the Hardin Facility, implicated potential regulatory violations, including U.S. securities law violations; (ii) as a result, the Beowulf Joint Venture subjected Marathon to a heightened risk of regulatory scrutiny; (iii) the foregoing was reasonably likely to have a material negative impact on the Company's business and commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On November 15, 2021, Marathon disclosed that "the Company and certain of its executives received a subpoena to produce documents and communications concerning the Hardin, Montana data center facility[,]" and advised that "the SEC may be investigating whether or not there may have been any violations of the federal securities law."
On this news, Marathon's stock price fell $20.52 per share, or 27.03%, to close at $55.40 per share on November 15, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-marathon-digital-holdings-inc-fka-marathon-patent-group-inc-of-class-action-lawsuit-and-upcoming-deadline--mara-301475898.html
| 2022-02-04T22:30:43
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en
| 0.942432
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NAPLES, Fla., Feb. 4, 2022 /PRNewswire/ -- Pro Music Rights, today has filed a complaint in SUPERIOR COURT OF NEW JERSEY LAW DIVISION MORRIS COUNTY, Vs. Ayujoy Herbals Ltd. (Case #: MRS-L-000229-22)
About Pro Music Rights, Inc. (ProMusicRights.com)
Pro Music Rights is the 5th ever formed public performance rights organization (PRO) in the United States, that controls an estimated market share of 7.4% in the USA and that represents over 2,000,000 works that feature such notable acts as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, OG Maco, the late Nipsey Hussle, and many others. Pro Music Rights pays 100% of all public performance royalties directly to the performers, songwriters, publishers, and legally entitled rights holders who have joined Pro Music Rights on a monthly basis. Jake P. Noch founded Pro Music Rights in January of 2018 and serves as the company's CEO after experiencing firsthand the systematic issues that plague the field of public performance rights, and hinder the livelihood of performers, songwriters, publishers, and the creative community as a whole. For more information, please visit promusicrights.com.
Disclaimer
Neither the information contained herein, nor any opinion expressed herein, constitutes the recommendation or solicitation of the purchase or sale of any securities, commodities, bonds, options, derivatives, or any investment product(s).
SOURCE Pro Music Rights, Inc.
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https://www.prnewswire.com/news-releases/pro-music-rights-sues-ayujoy-herbals-ltd-301475961.html
| 2022-02-04T22:30:49
|
en
| 0.881309
|
RED BANK, N.J., Feb. 4, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB) (the "Company"), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, today announced that the Company granted stock options on February 1, 2022 to a new non-executive employee to purchase an aggregate of 30,000 shares of common stock. The stock options were granted without stockholder approval as inducements, material to the new non-executive employee entering into employment with the Company pursuant to Nasdaq Listing Rule 5635(c)(4) and were approved by the Company's compensation committee of the board of directors.
The stock options were granted with a 10-year term and an exercise price equal to $5.30, the closing price per share of the Company's common stock as reported by Nasdaq on February 1, 2022. Each of the options will vest 25% on the one year anniversary of the grant date and 75% in equal monthly installments thereafter so that the grant is fully vested on the four year anniversary of the grant date, provided that the new employee continues to serve as an employee of, or other service provider to, the Company on each such vesting date. The stock options are subject to the terms of the Provention Bio, Inc. 2020 Inducement Plan.
About Provention Bio, Inc.:
Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated disease. The Company's pipeline includes clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in autoimmune diseases, including type 1 diabetes, celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Internet Posting of Information:
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Investor Contact:
Robert Doody, VP of Investor Relations
[email protected]
484-639-7235
SOURCE Provention Bio, Inc.
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https://www.prnewswire.com/news-releases/provention-bio-announces-the-grant-of-inducement-award-301475644.html
| 2022-02-04T22:30:50
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| 0.930484
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LOS ANGELES, Feb. 4, 2022 /PRNewswire/ -- ShapeShift DAO, a decentralized, non-custodial cryptocurrency platform, has announced the launch of its partnership with Top Drawer Merchandise (TDM).
Through this partnership, TDM assumes the handling of the creation and distribution of ShapeShift merchandise worldwide and will fulfil the duties of the merchandising platform. The affiliation includes a 70% affiliate revenue share - acting as an additional revenue stream for the DAO. Profits from the store will go back to the ShapeShift DAO in the form of USDC at the end of each quarter.
This partnership is a prime example of how a DAO, with its decentralized nature, can work in multiple directions at the same time to create various revenue streams. The ShapeShift DAO will not own the merchandise store nor operate it but will receive the full spectrum of available support and resources from TDM.
The partnership with TDM is the third revenue stream to be added in a series of exciting developments from the ShapeShift DAO in the last month - preceded by the launch of the new v2 platform and, most recently, its participation in the Osmosis protocol as an Osmosis Validator. This additional revenue diversification sets the DAO up better for long-term sustained success and financial stability.
TDM has a high level of knowledge in the crypto space and can execute at the highest level for product creation, implementing crypto as payment in the store, and management of any physical products as well as NFT's. They currently work with Badger DAO, Iota, Yearn Finance, Bored Ape Yacht Club, Gutter Cat Gang, etc.
The ShapeShift DAO now enjoys the benefit of a professionally managed Merch Store! In addition to the 70% affiliate revenue share, the community can now purchase high-quality ShapeShift swag with crypto or fiat - shop here.
About ShapeShift
Since 2014, ShapeShift has been pioneering self-custody for digital asset trading. The DAO's web and mobile platforms allow users worldwide to safely buy, hold, trade, and interact with digital assets such as Bitcoin and Ethereum.
Learn more at ShapeShift.com
Contact: Pete Coin, [email protected]
SOURCE ShapeShift DAO
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https://www.prnewswire.com/news-releases/shapeshift-dao-partners-with-top-drawer-merch-301475907.html
| 2022-02-04T22:30:56
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en
| 0.926218
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/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bright Health Group, Inc. ("Bright Health", or the "Company") (NYSE: BHG) and one of its officers. The class action, filed in United States District Court for the Eastern District of New York, and docketed under 22-cv-00101, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise acquired: (a) Bright Health common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about June 24, 2021 (the "IPO" or "Offering"); and/or (b) Bright Health securities between June 24, 2021 and November 10, 2021, both dates inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased (a) Bright Health common stock pursuant and or traceable to the Offering or IPO, or (b) Bright Health securities during the class period, you have until March 7, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Bright Health is an integrated care delivery company that engages in the delivery and financing of health insurance plans in the U.S. The Company operates in two segments—NeueHealth and Bright HealthCare. Bright Health offers individual and family, Medicare, and employers insurance plans. The Company also operates 28 managed and affiliated risk-bearing primary care clinics.
On May 19, 2021, Bright Health filed a registration statement on Form S-1 with the SEC in connection with the IPO, which, after several amendments, was declared effective by the SEC on June 23, 2021 (the "Registration Statement").
On June 25, 2021, Bright Health filed a prospectus on Form 424B4 with the SEC in connection with the IPO, which incorporated and formed part of the Registration Statement (the "Prospectus" and, together with the Registration Statement, the "Offering Documents").
Pursuant to the Offering Documents, Bright Health conducted the IPO, selling approximately 51 million shares of its common stock to the public at the Offering price of $18.00 per share, for approximate proceeds of $887 million to the Company after applicable underwriting discounts and commissions, and before expenses.
The complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) Bright Health had overstated its post-IPO business and financial prospects; (ii) the Company was ill-equipped to handle the impact of COVID-19-related costs; (iii) the Company was experiencing a decline in premium revenue because of a failure to capture risk adjustment on newly added lives; (iv) all the foregoing was reasonably likely to have a material negative impact on Bright Health's business and financial condition; and (v) as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.
On November 11, 2021, Bright Health reported its third quarter 2021 results. Among other results, Bright Health reported earnings per share of -$0.48 as calculated under U.S. generally accepted accounting principles, missing consensus estimates by $0.31. Bright Health also reported a sharp rise in in the Company's medical cost ratio ("MCR"), advising investors that its MCR "for the third quarter of 2021 was 103.0%, which includes a 540 basis point unfavorable impact from COVID-19 related costs and a 900 basis point unfavorable impact primarily from a cumulative reduction in premium revenue due to an inability to capture risk adjustment on newly added lives."
On this news, Bright Health's stock price fell $2.36 per share, or 32.33%, to close at $4.94 per share on November 11, 2021.
As of the time this Complaint was filed, the price of Bright Health common stock continues to trade below the $18.00 per share Offering price, damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/shareholder-alert--pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-bright-health-group-inc-of-class-action-lawsuit-and-upcoming-deadline--bhg-301475838.html
| 2022-02-04T22:31:02
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en
| 0.952254
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Instadose Pharma Corp. f/k/a Mikrocoze, Inc. ("Instadose", "Mikrocoze", or the "Company") (OTCMKTS: INSD; MZKR) and one of its officers. The class action, filed in United States District Court for the Eastern District of Virgina, Norfolk Division, and docketed under 21-cv-00675, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise acquired Instadose securities between December 8, 2020 and November 24, 2021, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and one of its top officials.
If you are a shareholder who purchased Instadose securities during the class period, you have until February 28, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Instadose does not have significant operations and was at all relevant times classified as a "shell" company. Instadose was formerly known as "Mikrocoze, Inc.", which was organized to sell micro-furniture for small spaces via the Internet. The Company has since pivoted its business to focus on growth and acquisition of pharmaceutical grade agricultural products.
On December 7, 2020, Instadose (then still known as Mikrocoze) entered into a non-binding letter of intent with Instadose Pharma Corp., a Canadian-based cannabis producer ("Instadose Canada"), and holders of a majority of its outstanding shares for a transaction to acquire 100% of the outstanding common shares of Instadose Canada in exchange for approximately 80% of the issued and outstanding shares of common stock of the Company following such exchange (the "Business Combination").
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Instadose had performed inadequate due diligence into the Business Combination and/or ignored significant red flags associated with Instadose Canada; (ii) Instadose's internal controls and policies were inadequate to detect and/or prevent impermissible trading activity by control persons of the Company; (iii) the foregoing subjected Instadose to a heightened risk of regulatory scrutiny and enforcement action; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On July 9, 2021, the Ontario Securities Commission ("OSC") announced that the Chairman and Chief Executive Officer ("CEO") of Instadose Canada, Grant Ferdinand Sanders ("Sanders"), was charged quasi-criminally with one count of fraud in relation to his role as Chairman and CEO of Instadose Canada, which, since July 2017, had raised more than $9.4 million from investors. The OSC alleged that investor funds were diverted to the benefit of Sanders, his family, and associates, and that Instadose Canada materially misrepresented the nature of its business.
Then, on October 15, 2021, Instadose Canada announced that an overwhelming majority of its shareholders voted in favor of the Business Combination, which remains subject to customary closing conditions, including approval by a Canadian court. Following completion of the Business Combination, Instadose expected that its Board of Directors would consist of, among others, Sanders.
Then, on November 24, 2021, in a filing with the U.S. Securities and Exchange Commission ("SEC"), Instadose disclosed that "[o]n November 23, 2021, the Company was notified by the SEC that it had ordered, pursuant to Section 12(k) of the [Exchange Act], that trading in the securities of [Instadose] is suspended for the period from 9:30 a.m. EDT on November 24, 2021, through 11:59 p.m. EDT on December 8, 2021." Instadose advised investors that the SEC's order specifically stated that "it appears to the [SEC] that the public interest and the protection of investors require a suspension in the trading of [Instadose] securities . . . because of questions and concerns regarding the adequacy and accuracy of information about Instadose . . . in the marketplace, including: (1) significant increases in the stock price and share volume unsupported by the company's assets and financial information; (2) trading that may be associated with individuals related to a control person of Instadose . . .; and (3) the operations of Instadose[]'s Canadian affiliate."
On this news, and after Instadose's common stock began publicly trading again on December 9, 2021, the Company's stock price fell $22.61 per share, or 91.87%, to close at $2.00 per share on December 9, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
Contact:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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| 2022-02-04T22:31:08
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en
| 0.953777
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Reata Pharmaceuticals, Inc. ("Reata" or the "Company") (NASDAQ: RETA) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of Texas, and docketed under 22-cv-00012, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Reata securities, and/or sold Reata put options, between November 9, 2020 and December 8, 2021, inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased Reata securities, and/or sold Reata put options, during the Class Period, you have until February 18, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Reata is a clinical-stage biopharmaceutical company that focuses on small-molecule therapeutics. One of its two lead product candidates is bardoxolone methyl ("bardoxolone"), which is being developed for multiple indications, including chronic kidney disease ("CKD") caused by Alport syndrome ("AS").
On March 1, 2021, Reata announced that it had submitted its New Drug Application ("NDA") to the U.S. Food and Drug Administration ("FDA") for bardoxolone as a treatment of CKD caused by AS. The Phase 3 CARDINAL study was purportedly designed to measure the efficacy and safety of bardoxolone. The primary endpoint for Year 2 was the change from baseline in estimated glomerular filtration rate ("eGFR") after 100 weeks of treatment (end-of-treatment). The key secondary endpoint for Year 2 was the change from baseline in eGFR at Week 104 (four weeks after last dose in second year of treatment).
The complaint alleges that, throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the FDA had raised concerns regarding the validity of the clinical study designed to measure the efficacy and safety of bardoxolone for the treatment of CKD caused by AS; (2) that, as a result, there was a material risk that Reata's NDA would not be approved; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On December 6, 2021, the FDA released briefing documents in advance of an Advisory Committee meeting for the Company's NDA for bardoxolone, stating that throughout the clinical development, the agency had repeatedly questioned the validity of Reata's study design because bardoxolone's pharmacodynamic effect on kidney function would make the results difficult to assess the effectiveness of the drug. Though the FDA agreed that Reata's Phase 3 study met its endpoints, "the FDA review team d[id] not believe the submitted data demonstrate that bardoxolone is effective in slowing the loss of kidney function in patients with AS and reducing the risk of progression to kidney failure."
On this news, the Company's stock price fell $29.77, or 38%, to close at $48.92 per share on December 6, 2021, on unusually heavy trading volume.
Then, on December 8, 2021, the FDA's Advisory Committee unanimously decided that bardoxolone was not effective based on the submitted data.
On this news, the Company's stock price fell $25.31, or 46%, to close at $29.11 per share on December 9, 2021, on unusually heavy trading volume.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/shareholder-alert--pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-reata-pharmaceuticals-inc-of-class-action-lawsuit-and-upcoming-deadline--reta-301475899.html
| 2022-02-04T22:31:14
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en
| 0.950161
|
NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Revance Therapeutics, Inc. ("Revance" or the "Company") (NASDAQ: RVNC) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 21-cv-09585, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Revance securities between November 25, 2019 and October 11, 2021, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased Revance securities during the Class Period, you have until February 8, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Revance, a biotechnology company, engages in the development, manufacture, and commercialization of neuromodulators for various aesthetic and therapeutic indications in the United States and internationally. The Company's lead drug candidate is DaxibotulinumtoxinA for injection ("DAXI"), which has completed phase III clinical trials for the treatment of glabellar (frown) lines and cervical dystonia; is in phase II clinical trials to treat upper facial lines, moderate or severe dynamic forehead lines, and moderate or severe lateral canthal lines; and has completed Phase II clinical trials for the treatment of adult upper limb spasticity and plantar fasciitis.
In November 2019, Revance issued a press release announcing that it had submitted a Biologics License Application ("BLA") to the U.S. Food and Drug Administration ("FDA") for DAXI to treat glabellar (frown) lines (the "DAXI BLA").
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) quality control deficiencies existed at the Company's manufacturing facility for DAXI; (ii) the foregoing deficiencies decreased the likelihood that the FDA would approve the DAXI BLA in its current form; (iii) accordingly, it was unlikely that the DAXI BLA would obtain FDA approval within the timeframe the Company had represented to investors; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On October 12, 2021, Revance disclosed that on July 2, 2021, the FDA had issued a Form 483 notifying Revance of serious issues that the FDA had observed during its inspection of the Company's Northern California DAXI manufacturing facility. Among other deficiencies, the FDA observed that "[t]he current manufacturing process is not the process proposed for licensure" and Revance's "Quality Unit lacks the responsibility and authority for control, review, and approval for outsourced activities[.]" Significantly, the Form 483 only came to light as a result of a Freedom of Information Act request directed to the FDA.
On this news, Revance's stock price fell $6.85 per share, or 25%, to close at $20.45 per share on October 12, 2021.
Then, on October 15, 2021, Revance issued a press release announcing that it had received a Complete Response Letter ("CRL") from the FDA, indicating that "the FDA has determined it is unable to approve the BLA in its present form, and indicated that there are deficiencies related to the FDA's onsite inspection at Revance's manufacturing facility."
On this news, Revance's stock price fell $8.90 per share, or 39.19%, to close at $13.81 per share on October 18, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/shareholder-alert--pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-revance-therapeutics-inc-of-class-action-lawsuit-and-upcoming-deadline--rvnc-301475871.html
| 2022-02-04T22:31:20
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en
| 0.944361
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Arrival SA ("Arrival" or the "Company") (NASDAQ: ARVL) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-00172, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired common shares of Arrival stock between November 18, 2020 and November 19, 2021, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violation of the federal securities laws under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired common shares of Arrival stock during the Class Period, you have until February 22, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Arrival (formerly Arrival Luxembourg S.à.r.l.) was founded in 2015 as a private company headquartered in London, United Kingdom. Arrival is a manufacturer and distributor of commercial electric vehicles ("EVs"), including vans, cars, and buses. Arrival develops vertically integrated technologies and products that create a new approach to the assembly of EVs. According to Arrival, its proprietary in-house developed components, materials, software and robotic technologies, combined with low capital expenditure and rapidly scalable microfactories, enable Arrival to produce EVs that are competitively priced to traditional fossil fuel vehicles and with a substantially lower total cost of ownership for customers.
On March 24, 2021, Arrival consummated a business combination (the "Merger") with CIIG Merger Corp. ("CIIG"). Prior to its business combination with Arrival, CIIG was a special purpose acquisition company, also known as a "blank check" company, incorporated for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. Upon the consummation of the Merger, CIIG changed its name from CIIG to Arrival Vault US Inc.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company would record a substantially greater net loss and adjusted EBITDA loss in the third quarter of 2021 compared to the third quarter of 2020; (ii) the Company would experience far greater capital and operational expense to operate and deploy its microfactories and manufacture EV vehicles than it had disclosed; (iii) the Company would not capitalize on or achieve profitability or provide meaningful revenue in the time periods disclosed; (iv) the Company would not achieve its disclosed production and sales volumes; (v) the Company would not meet the disclosed production rollout deadlines; (vi) accordingly, the Company materially overstated its financial and operational position and/or prospects; and (vii) as a result, the Company's public statements were materially false and misleading at all relevant times.
Investors learned the truth about the real status of Arrival's financial and operational health through a series of disclosures beginning on November 8, 2021. On November 8, 2021, Arrival announced the Company's financial results for the third quarter of 2021, including a loss of €26 million (compared to a loss of €22 million during the same quarter a year earlier), and adjusted EBITDA loss for the quarter of €40 million (compared to a loss of €18 million in the third quarter of 2020). The Company also pulled its 2022 revenue goals and significantly scaled back its long-term projections, pushing its production and sales timeline into later time periods.
On this news, shares of Arrival plummeted $4.33, or 24%, to close at $13.46 on November 10, 2021 on unusually high trading volume.
Only a week later, on November 17, 2021, Arrival announced a $200 million offering of green convertible senior notes due 2026, intended to finance the development of EVs. On the same day, November 17, 2021, Arrival announced the commencement of an underwritten public offering of 25 million ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission in a bid to raise around $330 million in cash.
On this news, Arrival shares dropped $0.82, or approximately 8%, to close at $9.91 on November 18, 2021 on unusually high trading volume.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-arrival-sa-of-class-action-lawsuit-and-upcoming-deadline--arvl-301475870.html
| 2022-02-04T22:31:27
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NEW YORK, Feb. 4, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
WeissLaw LLP
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
[email protected]
SLR Senior Investment Corp. (NASDAQ: SUNS)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SLR Senior Investment Corp. (NASDAQ: SUNS) in connection with the proposed merger of SUNS with SLR Investment Corp. ("SLRC"). Pursuant to the merger agreement, SUNS shareholders will receive an amount of SLRC shares with a net asset value ("NAV") equal to the NAV of SUNS shares that they hold at the time of closing. The ownership split of the combined company will be based on the respective NAVs of each of SLRC and SUNS. If you own SUNS shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/suns
SeaChange International, Inc. (NASDAQ: SEAC)
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SeaChange International, Inc. (NASDAQ: SEAC) in connection with the proposed merger of SEAC with Triller Hold Co LLC ("TrillerVerz"). Under the terms of the agreement, SEAC and TrillerVerz will combine, with SEAC and TrillerVerz stockholders owning approximately 2.3% and 97.7% of the surviving company, respectively. If you own SEAC shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/seac
Aspen Technology, Inc. (NASDAQ: AZPN) WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aspen Technology, Inc. (NASDAQ: AZPN) in connection with AZPN's proposed merger with Emerson Electric Co.'s industrial software businesses. Under the terms of the agreement, AZPN shareholders will receive approximately $87 in cash and 0.42 shares of AspenTech, a newly formed company, for each share of AZPN common stock they own. If you own AZPN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/azpn
SOURCE WeissLaw LLP
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https://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-reminds-suns-seac-and-azpn-shareholders-about-its-ongoing-investigations-301475840.html
| 2022-02-04T22:31:33
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| 0.896704
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NEW YORK, Feb. 4, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Desktop Metal, Inc. ("Desktop Metal" or the "Company") (NYSE: DM) and certain of its officers. The class action, filed in the United States District Court for the District of Massachusetts, and docketed under 22-cv-10059, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Desktop Metal securities between March 15, 2021 and November 15, 2021, inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased or otherwise acquired Desktop Metal securities during the Class Period, you have until February 22, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here for information about joining the class action]
Desktop Metal purports to offer additive manufacturing technologies focused on the production of end use parts. Its platforms include Production System, a manufacturing platform using the Company's proprietary Single Pass Jetting technology enabling production quantities of up to millions of parts per year; Shop System, an affordable turnkey binding jetting platform to bring metal 3D printing to machine and job shops; Studio System, an office-friendly metal 3D printing system; and Fiber, a desktop 3D printer using the Company's proprietary Micro Automated Fiber Placement.
On February 16, 2021, the Company acquired EnvisionTEC, Inc. and certain of its affiliates (collectively, "EnvisionTEC"), a provider of volume production photopolymer 3D printing solutions for end use parts.
The complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that there were deficiencies in EnvisionTEC's manufacturing and product compliance practices and procedures; (2) that the foregoing deficiencies presented a material risk to the commercialization of EnvisionTEC's products; and (3) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
On November 8, 2021, after the market closed, Desktop Metal disclosed that it was conducting an internal investigation into certain matters, including "manufacturing and product compliance practices and procedures with respect to a subset of its photopolymer equipment and materials at its EnvisionTec US LLC facility." The Company also stated that the Chief Executive Officer of EnvisionTec US LLC had resigned.
On this news, the Company's stock fell $0.39, or 4%, to close at $8.81 per share on November 9, 2021.
Then, on November 15, 2021, after the market closed, the Company stated that it would notify the U.S. Food and Drug Administration of "compliance issues with certain shipments of EnvisionTEC's Flexcera dental resins and its PCA4000 curing box."
On this news, the Company's stock fell $1.19, or 15%, to close at $6.83 per share on November 16, 2021, on unusually heavy trading volume.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
888-476-6529 ext. 7980
SOURCE Pomerantz LLP
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https://www.prnewswire.com/news-releases/shareholer-alert--pomerantz-law-firm-reminds-shareholders-with-losses-on-their-investment-in-desktop-metal-inc-and-certain-officers--dm-301475836.html
| 2022-02-04T22:31:39
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| 0.935628
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SUGAR LAND, Texas, Feb. 4, 2022 /PRNewswire/ -- TEAM, INC. ("TEAM" or the "Company") (NYSE: TISI) today announced that on February 2, 2022 it received written notice from the New York Stock Exchange ("NYSE") that the Company is not in compliance with the continued listing standards set forth in Rule 802.01C of the NYSE Listed Company Manual that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period (the "Notice").
The NYSE rules require the Company to notify the NYSE, within 10 business days of receipt of the Notice, of its intent to cure this deficiency. The Company has six months following the receipt of the Notice to cure the deficiency and regain compliance. TEAM can regain compliance at any time during the six-month cure period if, on the last trading day of any calendar month during the cure period, its common stock has a closing price of at least $1.00 and an average closing price of at least $1.00 over the 30 consecutive trading-day period ending on the last trading day of that month.
The Company will closely monitor the closing share price of its common stock and is considering all available options and intends to regain compliance with the NYSE listing standards by pursuing measures that are in the best interests of the Company and its shareholders, including potentially through the consummation of a reverse stock split, subject to Board and shareholder approval.
During this period, the Company's common stock will continue to be listed and traded on the NYSE under its existing ticker symbol, with the addition of a suffix indicating the "below compliance" status of its common stock, as "TISI.BC."
The Notice does not affect the Company's business operations, or its Securities and Exchange Commission reporting requirements, and does not conflict with or trigger any violation under the Company's material debt agreements.
About Team, Inc.
Headquartered in Sugar Land, Texas, Team, Inc. (NYSE: TISI) is a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions. We deploy conventional to highly specialized inspection, condition assessment, maintenance and repair services that result in greater safety, reliability and operational efficiency for our client's most critical assets. Through locations in more than 20 countries, we unite the delivery of technological innovation with over a century of progressive, yet proven integrity and reliability management expertise to fuel a better tomorrow. For more information, please visit www.teaminc.com.
Certain forward-looking information contained herein is being provided in accordance with the provisions of the Private Securities Litigation Reform Act of 1995. We have made reasonable efforts to ensure that the information, assumptions and beliefs upon which this forward-looking information is based are current, reasonable and complete. However, such forward-looking statements involve estimates, assumptions, judgments and uncertainties. They include statements regarding the impact of the Notice and our ability to regain compliance with NYSE listing standards. There are known and unknown factors that could cause actual results or outcomes to differ materially from those addressed in the forward-looking information. Although it is not possible to identify all of these factors, they include, among others, the duration and magnitude of accidents, extreme weather, natural disasters, and pandemics (such as COVID-19) and related economic effects; the Company's liquidity and ability to obtain additional financing; the Company's ability to continue as a going concern; the Company's ability to execute on its cost management initiatives; the impact of new or changes to existing governmental laws and regulations and their application, including tariffs and COVID-19 vaccination requirements; the outcome of tax examinations, changes in tax laws, and other tax matters; foreign currency exchange rate and interest rate fluctuations; the Company's ability to successfully divest assets on terms that are favorable to the Company; the Company's ability to repay, refinance or restructure debt; the anticipated or expected purchases or sales of assets; the Company's continued listing on the NYSE; and such known factors as are detailed in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, each as filed with the Securities and Exchange Commission, and in other reports filed by the Company with the Securities and Exchange Commission from time to time. Accordingly, there can be no assurance that the forward-looking information contained herein, including projected cost savings, will occur or that objectives will be achieved. We assume no obligation to publicly update or revise any forward-looking statements made today or any other forward-looking statements made by the Company, whether as a result of new information, future events or otherwise, except as may be required by law.
Contact:
Christopher Robinson, CFA
Vice President, Corporate Development & Investor Relations
(281) 388-5551
SOURCE Team, Inc.
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https://www.prnewswire.com/news-releases/team-inc-receives-continued-listing-notice-from-nyse-301475895.html
| 2022-02-04T22:31:45
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| 0.950034
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DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Distributed Control System Market by Shipment Scale (large, medium, small), by Component (hardware, software, services), Application (continuous process, batch-oriented process), End-use Industry, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The DCS market is projected to reach USD 23.2 billion by 2026 from an estimated USD 17.5 billion in 2021, in order to meet the increasing demand from power sector.
It provides benefits such as a Distributed control systems have networking capabilities that are useful for business management, and the ability of these systems to process a large number of I/O points simultaneously has led to the growth of the DCS market.
The software segment by component is expected to grow at the highest CAGR from 2021 to 2026.
Based on the component of DCS systems, the software component is estimated to be the fastest-growing market from 2019 to 2026. The software segment includes IT applications such as advanced process control systems, controller integration with DCS, technology libraries, telecontrol software, connectivity solutions, parameter control, and materials management systems, process optimization and process safety solutions, and advanced software and virtualization solutions. It offers a common platform for devices to connect and operate. Upgrades to existing software, increased use of distributed control systems in cloud computing technologies, and upcoming technologies such as IoT are the major drivers of the software segment of the DCS market. The software solutions are cost-effective and can be replaced and upgraded easily.
Continuous process segment by application is expected to emerge as the largest segment for DCS implementation
The continuous process segment, by application, is projected to hold the highest market share during the forecast period. The continuous process is a method where the manufacturing process is carried out without any interruption and is generally preferred when producing large quantities. It is the faster-growing application in the DCS market. The continuous production process is used in oil & gas, chemicals, power generation, and water & wastewater treatment industries and is one of the more efficient and profitable methods of production. The use of distributed control systems in nuclear as well as renewable sectors in the power generation industry and in upstream and downstream activities in the oil & gas industry are the major factors driving the continuous process segment. The increasing production of chemicals and the growing demand for distribution control systems in the refining industry also contribute to the segment's growth.
Asia Pacific: The largest DCS market
Asia Pacific is currently the largest DCS market, followed by North America and Europe. China accounted for the maximum share of the Asia Pacific market in 2020. It is also projected to grow at the highest CAGR from 2021 to 2026. The market is expected to grow due to rapid industrialization, urbanization, and economic growth in the region, leading to the installation of new DCS systems in various emerging economies.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in DCS Market
4.2 DCS Market in Asia-Pacific, by Component and Country
4.3 DCS Market, by Component
4.4 DCS Market, by Application
4.5 DCS Market, by End-Use Industry
4.6 DCS Market, by Region
5 Market Overview
5.1 Introduction
5.2 COVID-19 Health Assessment
5.3 Road to Recovery
5.4 COVID-19 Economic Assessment
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Booming Power Sector and Augmented Power Generation Capacities Worldwide
5.5.1.2 Growing Industrial Infrastructure for Power Generation in Developing Countries
5.5.1.3 Increasing Use of Renewable Energy for Power Generation
5.5.2 Restraints
5.5.2.1 Availability of Low-Cost Alternatives
5.5.2.2 Sluggish Response Time of Distributed Control Systems
5.5.2.3 High Degree of Redundancy
5.5.3 Opportunities
5.5.3.1 Changing Face of Manufacturing Industry in Middle East
5.5.3.2 Adoption of Industrial Internet of Things (IIoT) for Real-Time Decision-Making and Increasing Use of 5G Technology in Industrial Environments
5.5.3.3 Development of Power Grid Market
5.5.4 Challenges
5.5.4.1 Stagnant Growth of Oil & Gas Industry
5.5.4.2 Slowdown in Mining Industry in Asia-Pacific, Americas, and Africa
5.5.4.3 Impact of COVID-19
5.6 Trends and Disruptions Impacting Customers
5.6.1 Revenue Shift and New Revenue Pockets for Market Players
5.7 Market Map
5.8 Pricing Analysis
5.9 Value Chain Analysis
5.10 Technology Analysis
5.10.1 Different Technologies Used by Industries Deploying Distributed Control Systems
5.11 Regulatory Landscape
5.12 Innovations and Patent Registrations
5.13 Porter's Five Forces Analysis
5.13.1 Threat of Substitutes
5.13.2 Bargaining Power of Suppliers
5.13.3 Bargaining Power of Buyers
5.13.4 Threat of New Entrants
5.13.5 Intensity of Competitive Rivalry
5.14 Case Studies
6 Distributed Control System Market, by Shipment Scale
6.1 Introduction
6.2 Large Scale
6.2.1 Large Size Shipment Scale is Driven by Oil & Gas and Metals & Mining Industry
6.3 Medium Scale
6.3.1 Medium Scale Shipment Segment is Driven by Pharmaceuticals and Chemicals Industries
6.4 Small Scale
6.4.1 Small Scale Shipment Segment is Driven by Small-Scale End-users Such as Bakeries and Power Looms
7 Distributed Control System Market, by Application
7.1 Introduction
7.2 Continuous Process
7.2.1 Ability to Control Complex Processes Without Any Interruption is Driving DCS Market for Continuous Process
7.3 Batch-Oriented Process
7.3.1 Increasing Demand for Superior Quality Products is Driving Batch-Oriented Process Segment
8 Distributed Control System Market, by Component
8.1 Introduction
8.2 Software
8.2.1 Software Applications Analyze Data and Help Identify Precise Locations for Repair
8.3 Hardware
8.3.1 Hardware Components Help Perform Various Functions, Including Field Data Collection
8.4 Services
8.4.1 Services Cover Procedures from Designing to Installation and from Training to Maintenance
9 Distributed Control System Market, by End-Use Industry
9.1 Introduction
9.2 Oil & Gas
9.2.1 Use of Distributed Control Systems is Essential in Oil & Gas Industry to Optimize Production
9.3 Power Generation
9.3.1 Use of Distributed Control Systems is Increasing for Data Acquisition in Power Generation Industry
9.4 Chemicals
9.4.1 Increasing Need for Reliable Plant Operations is Driving DCS Market in Chemicals Industry
9.5 Food & Beverages
9.5.1 Need to Maintain Quality of Food Products and Beverages is Driving DCS Market in this Industry
9.6 Pharmaceuticals
9.6.1 Need to Increase Productivity and Minimize Costs Has Led to Rising Demand for Distributed Control Systems in Pharmaceuticals Industry
9.7 Metals & Mining
9.7.1 Increasing Demand for Ensuring Operational Safety and Achieving Consistent Efficiency are Driving DCS Market in Metals & Mining Industry
9.8 Paper & Pulp
9.8.1 Need to Carry Out Multiple Operations Simultaneously is Driving DCS Market in Paper & Pulp Industry
9.9 Others
10 Geographic Analysis
11 Competitive Landscape
11.1 Key Player Strategies
11.2 Market Share Analysis of Top Five Players
11.3 Revenue Analysis of Top Five Market Players
11.4 Company Evaluation Quadrant
11.4.1 Stars
11.4.2 Pervasive Players
11.4.3 Emerging Leaders
11.4.4 Participants
11.5 Competitive Scenario
12 Company Profiles
12.1 Key Players
12.1.1 Abb
12.1.2 Schneider Electric
12.1.3 Emerson
12.1.4 Siemens
12.1.5 Honeywell
12.1.6 General Electric
12.1.7 Rockwell Automation
12.1.8 Yokogawa
12.1.9 Valmet
12.1.10 Toshiba International Corporation Pty. Ltd.
12.1.11 Azbil Corporation
12.1.12 Hitachi
12.1.13 Mitsubishi Electric
12.1.14 Novatech Automation
12.1.15 Hollysys Automation Technologies Ltd.
12.1.16 Andritz Group
12.2 Others Players
12.2.1 Concept Systems
12.2.2 Zat
12.2.3 Ingeteam
12.2.4 Omron Industrial Automation
13 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/m0exqf
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
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| 2022-02-04T22:31:51
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ARLINGTON, Va., Feb. 4, 2022 /PRNewswire/ -- The United Service Organizations (USO) and Ernst & Young LLP (EY) are joining forces to support professional development within the military community. During a three-year strategic relationship, the USO and EY will create career and mentorship opportunities for service members and their spouses.
"The USO and EY share a commitment to helping others become the best versions of themselves. This relationship will allow thousands of our brave troops and their spouses to plan rewarding professional lives that leverage their unique skillsets," said USO CEO and President J.D. Crouch II. "EY representatives already sit on six USO advisory boards throughout the United States, and we are looking forward to even more cross-organization engagement in the future."
A $1.5M donation and pro bono services from EY will support numerous USO initiatives between Jan. 2022 and Dec. 2024. These include the USO Pathfinder® Transition Program, which connects the military community to employment, education, financial readiness, and mentorship opportunities. It is a crucial resource for the 200,000-plus service members and 650,000-plus military spouses who experience a major life transition each year.
The strategic relationship will also strengthen EY's hiring initiatives while raising awareness of the USO's important role in military career development. EY employees will have a chance to meaningfully engage with service members through mentorship, board positions, and storytelling. Each interaction will help bridge the military-civilian divide and give more than thanks to those in uniform.
"EY's long-standing commitment to supporting veterans is an important part of our diverse and inclusive culture. A strategic relationship with the USO builds on our shared commitment to supporting military members and their families, particularly as they begin the transition back into civilian life," said Anthony Caterino, Executive Sponsor of the EY US Veterans Network and EY Global Deputy Managing Partner – Business Enablement. "By expanding the meaningful work that's currently done through EY engagement on local and Regional USO boards, we're honored to create new opportunities to support those who serve our nation and be the employer of choice for veterans and military spouses." On the EY side, the relationship will be led by Paul Estrada, EY Partner, Executive Chair of the EY Veterans Network and USO West Region Board member, as well as Orlan Boston, EY Americas Sustainability & Environmental, Social, and Governance Markets Leader and USO Board of Governors member.
Follow the USO on Facebook, Twitter, and Instagram for updates and join the conversation using #BetheForce and #MoreThanThanks on social media.
About the USO:
The USO strengthens America's military service members by keeping them connected to family, home, and country, throughout their service to the nation. At hundreds of locations worldwide, we are united in our commitment to connect our service members and their families through countless acts of caring, comfort, and support. The USO is a private nonprofit organization, not a government agency. Our programs, services and entertainment tours are made possible by the American people, the support of our corporate partners, and the dedication of our volunteers and staff. To join us in this important mission and learn more about the USO, please visit USO.org or follow us on Facebook, Twitter, and Instagram.
About EY:
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.
Media Contact:
Dan Drummond
[email protected]
202-243-8621
SOURCE USO
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| 2022-02-04T22:31:57
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| 0.943165
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DALLAS, Feb. 4, 2022 /PRNewswire/ -- Vertical Capital Income Fund (NYSE: VCIF) today announced a distribution of $0.0757 per share pursuant to the Fund's managed distribution plan (the "Plan"), payable as follows:
Pursuant to the Plan, the Fund pays a minimum monthly distribution to shareholders at a stated annual rate as a percentage of the 3-month average net asset value ("NAV") of the Fund's shares prior to the month of distribution. The distribution is calculated as 8% of the previous three-month average NAV, divided by 12. The primary purpose of the Plan is to provide investors with consistent, but not guaranteed, periodic distributions from the Fund, regardless of when or whether income is earned or capital gains are realized. Distributions under the Plan may consist of (i) net investment income, (ii) net realized short-term capital gains, (iii) net realized long-term capital gains and, to the extent necessary, (iv) return of capital (or other capital sources). With each distribution that does not consist solely of net investment income, the Fund will issue a notice to shareholders and an accompanying press release that will provide detailed information regarding the amount and composition of the distribution, as well as certain other related information. The Fund expects to issue any such notice and press release on or about the distribution payment date.
The Fund had approximately $5.7 million in cash as of January 31, 2022. Approximately $6.4 million was committed as of the same date in the acquisition pipeline to loans that have already been awarded to the Fund and were either in due diligence or through due diligence and awaiting closing. Pending acquisitions are subject to various closing conditions, and the Fund cannot guarantee that those acquisitions will close.
A new monthly net asset value per share of $11.20 was produced on January 31, 2022. For information on the Fund's current net asset value per share, please visit the Fund's website at vertical-incomefund.com.
The Plan will be subject to periodic review by the Board, and the Board may amend the terms of the Plan including amending the annual rate of payment or may terminate the Plan at any time without prior notice to the Fund's shareholders. The Fund's distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance, and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in the Fund's distribution rate at a future time. The amendment or termination of the Plan could have an adverse effect on the market price of the Fund's shares. The public health crises caused by the COVID-19 outbreak may exacerbate other pre-existing political, social and economic risks to which the Fund is exposed. The duration of the COVID-19 outbreak and its effects cannot be determined with certainty. In order to comply with the requirements of Section 19 of the Investment Company Act of 1940, and an exemptive order received by the Fund from the Securities and Exchange Commission, the Fund will provide its shareholders of record on each distribution date with a 19(a) Notice and issue an accompanying press release disclosing the sources of its distribution payment when a distribution includes anything other than net investment income. This information will be forthcoming later this month.
The amounts and sources of distributions reported in 19(a) Notices are only estimates and are not provided 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 its full fiscal year and may be subject to changes based on tax regulations. The Fund will send shareholders a Form 1099-DIV for the calendar year that will tell them how to report these distributions for federal income tax purposes. Information on the Fund's 19(a) Notices, if any, can be found at www.vertical-incomefund.com. The final determination of the source and tax characteristics of all distributions in 2022 will be made after the end of the year.
Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in the Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses. For further details, please visit Vertical Capital Income Fund's website at vertical-incomefund.com.
This release contains forward-looking statements relating to the business and financial outlook of Vertical Capital Income Fund that are based on the Fund's current expectations, estimates, forecasts and projections and are not guarantees of future performance. There is no assurance that the Fund will achieve its investment objective. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. A number of important factors could cause actual results to differ materially from the forward-looking statements contained in this release.
About Vertical Capital Income Fund
Vertical Capital Income Fund (VCIF) is an NYSE-listed closed-end fund that seeks monthly income by investing primarily in performing non-agency residential whole loans secured by real estate. As a secondary strategy the Fund aims to provide total return by acquiring performing residential loans at a discount to the unpaid principal balance (UPB). VCIF realizes capital gains as loans are paid off before maturity.
About Oakline Advisors, LLC
Oakline Advisors, LLC is the adviser to Vertical Capital Income Fund. Founded in 2013, Oakline Advisors, LLC is an SEC-registered investment adviser that specializes in the residential whole loan market. It is a wholly owned subsidiary of Dallas, TX-based Behringer. Since its inception in 1989, Behringer, together with its affiliates, has raised equity of more than $6 billion in assets through public and private fund structures. For more information about Oakline and Behringer please visit their respective websites at oaklineadvisors.com and behringerinvestments.com.
Fund shares are identified by CUSIP 92535C104
SOURCE Vertical Capital Income Fund
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https://www.prnewswire.com/news-releases/vertical-capital-income-fund-vcif-declares-february-2022-distribution-301475923.html
| 2022-02-04T22:32:03
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| 0.950042
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DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Dental Implants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global dental implants market reached a value of US$ 5.89 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 7.64 Billion by 2027, exhibiting a CAGR of 4.18% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
Dental implants are artificial tooth roots that are used for supporting false teeth and tooth bridges. They are frames made of biocompatible metals, such as zirconia and titanium, which are surgically placed in the jawbone beneath the gums to provide support for artificial teeth. This secures the denture and bridges while providing a more natural feel as compared to conventional dentures.
Currently, three types of dental implants are available in the market, namely, endosteal, subperiosteal and transosteal. Amongst these, endosteal implants are grafted into the tissue to which the bridge or denture is attached. Subperiosteal implants are attached under the gum tissue with a protruding metal frame over which the artificial tooth is attached. On the other hand, in transosteal implants, a U-shaped metal frame is passed through the jaw bone and gum tissue
The increasing prevalence of oral health problems, such as dental caries, periodontal diseases, and tooth decay, is amongst the primary factors driving the global dental implants market. Additionally, the introduction of prosthetics has played a significant role in driving the demand for dental implants as they help in reestablishing oral movements and the facial structure of the patient. Moreover, dental implants assist in the reduction of discomfort and the number of maintenance procedures while enhancing the aesthetics of consumers.
Other factors such as improper oral hygiene among children and adults, rising geriatric population, increasing demand for cosmetic dentistry, growing dental tourism in emerging countries, and inflating disposable incomes of consumers are further expected to drive the dental implants market during the forecast period
Competitive Landscape:
The report has also analyzed the competitive landscape of the industry with some of the market players being:
- Biohorizons Implant Systems, Inc
- Nobel Biocare Services AG
- Zimmer Biomet Holdings, Inc
- OSSTEM IMPLANT Co., Ltd
- Straumann Group
- Bicon, LLC
- Anthogyr SAS
- Dentsply Sirona
- Dentium Co., Ltd
- T-Plus Implant Tech. Co., Ltd
- KYOCERA Medical Corporation
- Danaher Corporation
Key Question Answered in this Report
1. What is the impact of COVID-19 on the global dental implants market?
2. What was the global dental implants market size in 2021?
3. What will be the global dental implants market outlook during the forecast period (2022-2027)?
4. What are the global dental implants market drivers?
5. What are the major trends in the global dental implants market?
6. What is the global dental implants market breakup by material?
7. What is the global dental implants market breakup by product?
8. What is the global dental implants market breakup by end use?
9. What are the major regions in the global dental implants market?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Dental Implants Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Material
5.5 Market Breakup by Product
5.6 Market Breakup by End-Use
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Material
6.1 Titanium Dental Implants
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Zirconium Dental Implants
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product
7.1 Endosteal Implants
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Subperiosteal Implants
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Transosteal Implants
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Intramucosal Implants
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by End-Use
8.1 Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Dental Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Academic and Research Institutes
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Biohorizons Implant Systems, Inc
14.3.2 Nobel Biocare Services AG
14.3.3 Zimmer Biomet Holdings, Inc.
14.3.4 OSSTEM IMPLANT Co., Ltd.
14.3.5 Straumann Group
14.3.6 Bicon, LLC
14.3.7 Anthogyr SAS
14.3.8 Dentsply Sirona
14.3.9 Dentium Co., Ltd.
14.3.10 T-Plus Implant Tech. Co., Ltd.
14.3.11 KYOCERA Medical Corporation
14.3.12 Danaher Corporation
For more information about this report visit https://www.researchandmarkets.com/r/necg91
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
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https://www.prnewswire.com/news-releases/worldwide-dental-implants-industry-to-2027---featuring-nobel-biocare-services-straumann-and-bicon-among-others-301475665.html
| 2022-02-04T22:32:09
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NASHVILLE, Tenn. — If you haven’t already, it’s time to start preparing to file your taxes.
This year, millions of low-income families are eligible for a one-time tax break that could save them big bucks.
The Federal Earned Income Tax Credit, which is aimed at people in the lowest-paid jobs, is being tripled for a group of workers who typically don't benefit much from it: childless adults.
For the tax year that just ended, low-income workers without kids can receive a credit worth up to $1,500 — nearly triple what the credit was worth in 2020, thanks to the American Rescue Plan.
The plan allows anyone 19 and older, who's not a full-time student and has earnings, to claim the expanded credit.
18-year-olds who are without a home or who have been in foster care are also eligible.
Previously, only workers ages 25 to 64 could claim it.
Taxpayers without children who earned up to $21,430 from a job, gigs or self-employment can claim the credit when they file their tax returns this season.
In most years, workers earning more than about $16,000 are ineligible for the EITC.
Taxpayers can also choose to use income from 2019 to qualify for the credit — useful for those who lost their jobs in 2020.
Policy experts estimate that between 17 and 20 million workers will benefit from the expanded credit.
This story was first reported by Aaron Cantrell at WTVF in Nashville, Tenn.
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| 2022-02-04T22:32:11
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Authorities in California had to evacuate several residents and close a highway after an enormous fire erupted at a vacant walnut processing plant on Friday.
Firefighters from three counties - Butte County, Sutter County, and Yuba City - have been working to put out the flames since Friday morning.
“Five county engines and a Battalion Chief are at [the] scene of a fire at Diamond Walnut,” the Cal Fire Butte unit tweeted.
Officials said flames were burning in hundreds of bins stacked around the edge of the property.
The fire also led to Highway 99 being temporarily shut down due to the smoke.
As a precaution, residences behind and near the facility were evacuated, Sutter County Undersheriff Scott Smallwood told the Sacramento Bee.
No injuries were reported.
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https://www.wsfltv.com/news/national/3-california-fire-crews-battle-large-fire-at-vacant-walnut-processing-plant
| 2022-02-04T22:32:17
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en
| 0.979384
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The Centers for Disease Control recommends that adults get Moderna's COVID-19 vaccine following full approval from the Food and Drug Administration.
The FDA licensed the shots this week, so a CDC advisory committee and the agency itself were called on to do an additional review.
The panel heard summaries of medical studies that showed the vaccine is working against the coronavirus and there is no evidence of new safety concerns.
They voted unanimously to recommend the vaccine.
CDC Director Rochelle Walkensky endorsed the recommendation.
"We now have another fully approved COVID-19 vaccine," Walensky said in a statement. "If you have been waiting for approval before getting vaccinated, now is the time to join the nearly 212 million Americans who have already completed their primary series."
Friday's endorsement is likely to have little effect on the vaccination of adults in the U.S. Moderna's vaccine was operating under emergency use authorization which allowed millions of people to get the shot.
However, Walensky also encouraged people to get their booster shots.
"CDC continues to recommend that people remain up to date on their COVID-19 vaccines, including getting a booster shot when eligible," she said.
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https://www.wsfltv.com/news/national/cdc-backs-moderna-covid-19-shots-after-full-us-approval
| 2022-02-04T22:32:23
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en
| 0.976034
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The U.S. surpassed 900,000 COVID-19 deaths on Friday, according to Johns Hopkins University, as the country deals with the after-effects of record spread caused by the highly contagious omicron variant.
But, while the Centers for Disease Control and Prevention says that the daily case rate is falling following the spread of omicron, the number of deaths caused by the recent outbreak continues to climb.
It's been about six weeks since the U.S. surpassed 800,000 COVID-19 deaths in December. Since then, the average daily death toll has risen to more than 2,000 a day — a level not seen since last February.
Trends in COVID-19 deaths tend to trail behind trends in COVID-19 cases, so the daily death rate will likely fall in the weeks ahead. But hospitals in some parts of the country remain overwhelmed with patients sick with the virus.
The tragic milestone comes a year after the initial distribution of COVID-19 vaccines in the U.S. According to the CDC, 80% of those eligible for a vaccine in the U.S. have gotten at least one shot.
While the omicron variant has shown some resistance to vaccines compared to past variants, the shots are still extremely effective in preventing severe infection or death. According to a recent study released by the CDC, between Dec. 25 and Jan. 8, unvaccinated people were 23 times more likely to be sent to the hospital with omicron than those who were fully vaccinated and boosted.
According to a database kept by Johns Hopkins University, the U.S. continues to lead the world in both deaths and total cases of the virus. Brazil (630,000) and India (500,000) are the only other countries that have recorded more than half a million COVID-19 deaths.
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https://www.wsfltv.com/news/national/coronavirus/us-surpasses-900-000-covid-19-deaths
| 2022-02-04T22:32:29
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en
| 0.965037
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- GBP/JPY pulled back under 156.00 on Friday, though the bullish trend since January remains in play.
- The pair will be focused on risk appetite, comments from BoE’s Bailey and UK GDP figures next week.
Despite a modest rally in the US equity space that would normally have a positive impact on GBP/JPY, the pair pulled back on Friday, slipping back under and the 156.00 level, though finding support above 155.50. The pair still trades a decent amount above its pre-hawkish BoE surprise levels of under 155.50, however, and looks set to close out the week about 1.0% higher despite Friday’s 0.3% pullback from weekly highs in the 156.50 area.
Looking at the pair from a technical perspective, the bullish trend that has dominated since January 24 remains in play and, if anything, Friday’s pullback is just a reversion to this trend. Near-term technical momentum this continues to point higher and bulls will be hoping that risk appetite steadies at the start of next week and facilitates a recovery back towards this week’s highs in the 156.50 area and perhaps the 18 January highs just under 157.00 beyond that.
Fundamentally speaking, central bank divergence perhaps also favours further GBP/JPY upside, with BoJ governor Haruhiko Kuroda flexing his dovish credentials on Friday in stark contrast to the inflation concerned BoE that lifted rates for a second successive meeting this week. On which note, BoE Governor Andrew Bailey will be speaking next Wednesday ahead of the release of UK Q4 GDP and December activity figures on Friday. The data calendar in Japan contains a smattering of tier two releases that are unlikely to impact JPY.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Latest Forex News
Editors’ Picks
EUR/USD pulls down on upbeat US employment data
EUR/USD trimmed intraday gains, currently trading sub-1.1450 amid picking up dollar's demand post-NFP. US January data painted a much stronger job sector than anticipated. ECB-related gains are likely to be whipped off.
GBP/USD approaches 1.3500 with renewed dollar's strength
GBP/USD came under renewed bearish pressure on Friday and continues to push lower toward 1.3500. The US Bureau of Economic Analysis released an upbeat January Nonfarm Payrolls reports, fueling the greenback.
Gold rises above $1,810 as US T-bond yields edge lower
Gold (XAU/USD) is pushing higher ahead of the American session and was last seen trading above $1,810. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day, allowing the yellow metal to continue to gather strength.
BTC sets a bull trap before ultimate crash to $30,000
Bitcoin price has shown an increase in buyers over the past two days, leading to a quick run-up. This uptrend will likely last as BTC retests a crucial psychological level, luring buyers into a bull trap.
NFP Quick Analysis: America overcomes Omicron, more fuel for the Fed and the dollar Premium
The US economy is on fire – there is no other way to interpret the Nonfarm Payrolls report for January 2022. The economy gained 467,000 jobs, roughly triple the early expectations – and on top of a revision worth more than 300K for December.
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https://www.fxstreet.com/news/gbp-jpy-pares-back-some-post-hawkish-boe-gains-pulls-back-under-15600-level-though-still-in-bullish-trend-202202042100
| 2022-02-04T22:34:40
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| 0.945163
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- The commodity-linked New Zealand dollar ended Friday’s session with losses of 0.69%.
- The NZD/JPY retracement from weekly tops could lead to further losses below 76.00.
The NZD/JPY slumps for the second time in the week as traders get headed into the weekend. As Wall Street closed and thin liquidity conditions hit the FX market, the NZD/JPY is trading at 76.17 at the time of writing.
On Friday, Wall Street closed with gains, led by the Nasdaq, and the S&P 500, up 1.37% and 0.52%. Meanwhile, the Dow Jones Industrial finished flat in the day.
In the FX market, the low-yielder EUR was the gainer of the session, while the commodity currencies led by the AUD, CAD, and NZD were the principal losers, down 0.80%, 0.70%, and 0.69%, each.
NZD/JPY Price Forecast: Technical outlook
Putting Friday’s recap on the side, the NZD/JPY, as abovementioned, finished the week with losses but clung to the 76.00 figure. It is worth noting that the daily moving averages (DMAs) reside above the spot price, suggesting the pair might be headed downwards. Additionally, the failure of an upbreak of an upslope trendline drawn from August 2021 lows previous support-turned-resistance exacerbated the retracement from weekly tops near 76.80s towards the 76.10 area.
That said, the NZD/JPY first support would be 76.00. Breach of the latter would send the pair tumbling to February 3 low at 75.57, followed by January 26 cycle and YTD low at 75.21, a zone that could witness some buying pressure, before reaching 2021 yearly low at 74.55.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Latest Forex News
Editors’ Picks
EUR/USD pulls down on upbeat US employment data
EUR/USD trimmed intraday gains, currently trading sub-1.1450 amid picking up dollar's demand post-NFP. US January data painted a much stronger job sector than anticipated. ECB-related gains are likely to be whipped off.
GBP/USD approaches 1.3500 with renewed dollar's strength
GBP/USD came under renewed bearish pressure on Friday and continues to push lower toward 1.3500. The US Bureau of Economic Analysis released an upbeat January Nonfarm Payrolls reports, fueling the greenback.
Gold rises above $1,810 as US T-bond yields edge lower
Gold (XAU/USD) is pushing higher ahead of the American session and was last seen trading above $1,810. The benchmark 10-year US Treasury bond yield is down nearly 1% on the day, allowing the yellow metal to continue to gather strength.
BTC sets a bull trap before ultimate crash to $30,000
Bitcoin price has shown an increase in buyers over the past two days, leading to a quick run-up. This uptrend will likely last as BTC retests a crucial psychological level, luring buyers into a bull trap.
NFP Quick Analysis: America overcomes Omicron, more fuel for the Fed and the dollar Premium
The US economy is on fire – there is no other way to interpret the Nonfarm Payrolls report for January 2022. The economy gained 467,000 jobs, roughly triple the early expectations – and on top of a revision worth more than 300K for December.
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https://www.fxstreet.com/news/nzd-jpy-price-analysis-failure-around-7670s-put-sellers-in-control-as-the-pair-heads-towards-7600-202202042201
| 2022-02-04T22:34:47
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en
| 0.947252
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LOUISVILLE, Ky. (WDRB) -- An ambulance overturned Friday afternoon on Interstate 65 in southern Indiana with a patient inside.
It happened on I-65 South near Interstate 265 West. All lanes of the interstate are closed near Exit 6.
Fire department here now breaking out front windows to get to driver. He just came out under his own power, looks to be okay. Patient wasn’t in as good of shape. Putting that person in another ambulance now. pic.twitter.com/RKzNF5vyY5
— Travis Ragsdale (@TravisRagsdale) February 4, 2022
With a patient inside, the ambulance is believed to have been getting off the exit when it flipped on the ramp.
For real-time traffic updates, click here.
This story will be updated.
Copyright 2022 WDRB Media. All Rights Reserved.
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https://www.wdrb.com/news/ambulance-overturns-with-patient-inside-on-i-65-in-southern-indiana/article_b0f64582-8603-11ec-a732-e7360d0602fb.html
| 2022-02-04T22:35:10
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en
| 0.934742
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LOUISVILLE, Ky. (WDRB) -- From bacon and eggs to biscuits and gravy, you can get it all at a new breakfast spot opening soon in Louisville.
Big Bad Breakfast is set to open Tuesday, Feb. 8, in the old Lynn's Paradise Café location on Barret Avenue between the Highlands and Germantown.
The southern restaurant chain was established in 2008 and has nine locations across the south, with three more, aside from the Louisville location, in the works.
The breakfast menu includes bacon, fried chicken, grits, oatmeal and espresso. There's also a lunch menu with salads and sandwiches.
The restaurant is also hiring for the Louisville location. To apply, click here.
For more information about Big Bad Breakfast and to look at a full menu, click here.
Related Stories:
- Big Bad Breakfast undergoing renovations, slated to open late fall
- Southern breakfast restaurant to occupy old Lynn's Paradise Café
Copyright 2022 WDRB Media. All Rights Reserved.
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https://www.wdrb.com/news/big-bad-breakfast-set-to-open-next-week-on-barret-avenue/article_c044bd2c-85f7-11ec-bb32-8bc7198d7712.html
| 2022-02-04T22:35:16
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en
| 0.929274
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LOUISVILLE, Ky. (WDRB) -- Yum! Brands is partnering with two universities to offer students an opportunity to become franchise owners.
According to a news release, the University of Louisville, Howard University and Yum! Brands are launching the Yum! Franchise Accelerator, an MBA elective opportunity that supports underrepresented people of color and women interested in the franchise restaurant industry. The program selects 10 second-year MBA students from the two schools to participate in a five-month fellowship.
Two participants can then become future franchisees of Yum! Brands like KFC, Pizza Hut, Taco Bell and The Habit Burger Grill.
"The fellowship is a win-win as the students will receive educational experiences, mentoring and hands-on training unlike any other, while Yum! has the opportunity to welcome two talented business leaders and aspiring, diverse franchisees to our U.S. system," Scott Catlett, chief legal and franchise officer of Yum! Brands, said in a news release.
Six students were selected from Howard University while four were picked from UofL. Those students receive scholarships, education on the franchise business model, mentorship from franchisees and in-restaurant training, among other experiences.
Copyright 2022 WDRB Media. All Rights Reserved.
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https://www.wdrb.com/news/business/yum-brands-partnering-with-uofl-howard-university-for-franchise-accelerator-fellowship/article_2bd5f452-85fd-11ec-840d-7b86b1ce54ef.html
| 2022-02-04T22:35:23
|
en
| 0.952046
|
LOUISVILLE, Ky. (WDRB) -- A Crestwood, Kentucky, man was sentenced to 18 years in prison for a case involving a homemade pipe bomb.
Cameron Kinser, 33, plead guilty to a felony charge of possession, transporting, receiving, placing or detonating a destructive device in Jefferson County, Indiana, Circuit Court. A homemade pipe bomb was found in a Madison, Indiana home in January 2021.
"This is a case that involved very dangerous activity and could easily have resulted in far more serious injuries or death," Jefferson County Prosecutor David R. Sutter said in a Facebook post.
Sutter said an explosive detonated inside an apartment and seriously injured an occupant of the residence Jan. 27, 2021. The victim told police she found the bomb under her daughter's bed and was trying to remove it from her home when she fell, causing the bomb to explode in her face.
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https://www.wdrb.com/news/crime-reports/oldham-county-man-sentenced-18-years-after-homemade-bomb-explodes-injuring-1/article_89b46c16-85f8-11ec-be0a-0398598f3426.html
| 2022-02-04T22:35:29
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LOUISVILLE, Ky. (WDRB) -- It's not every day you see a wallaby and flamingos hanging out in the snow, but when winter weather hits Louisville, all kinds of animals at the zoo have the chance to take part in the fun.
Louisville Zoo Executive Director Dan Maloney said four staff members spent the night to make sure people were there to care for the animals.
He said the facilities also have generators in the event the area lost power. Staff will also store water in other areas in case pipes freeze over.
Maloney says many animals like tigers, bears, seals and snow leopards enjoy the colder weather while others like to stay indoors and catch up on sleep.
"There's some areas where we move animals to warmer areas, like the sloths. Sloths are just not good thermal regulators," said Maloney.
While animals played or napped, staff worked to lay down salt and clear paths.
"We're going to be going through the whole zoo, making sure that areas are getting plowed multiple times. Lots of salt is getting put down," said Maloney. "This weather is a little strange because we had all this rain, then it went to freezing rain and then it went to snow, so there's a layer underneath the snow and we just have to make sure areas are safe."
Maloney says staff members were out working to plow the paths before the sun rose.
"People that don't typically do this kind of work are out there doing the work because they just want to make sure everything is safe," said Maloney.
The Louisville Zoo is set to reopen for guests on Saturday for normal business hours.
Copyright 2022 WDRB Media. All Rights Reserved.
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https://www.wdrb.com/news/louisville-zoo-animals-enjoy-snow-day-staff-preps-to-reopen/article_432e0fe8-85f5-11ec-ab31-eb35c6c83f7f.html
| 2022-02-04T22:35:35
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| 0.98
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A transgender swimmer is creating a splash - in and out the pool. Lia Thomas was born a male and spent the last three years swimming on the men's team at the University of Pennsylvania.
She now swims on the women’s team, after finishing one year of hormone replacement therapy.
She's shattering records and lapping other female athletes in the pool. Some people don't think it's fair, and I agree. I think it's totally unfair to athletes who were born female to compete against athletes who were born male.
Here's what our viewers had to say:
"I agree with you completely. Someone born a male should not be competing in female sports or any other thing."
"They have the muscle tone still as a man, so you're right, it's not fair to the women."
"Females are weaker than males and males have the advantage. And actually, I think it should be against the law."
"The sports you participate in should be designated by the gender of your birth."
"If trans people wish to compete, give them their own leagues for their own trans sexes, that way, they can compete fairly against other people like them."
"People who choose to change genders need to be rational and not opportunistic."
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https://www.wdrb.com/pov/college-swimmer-born-male-is-now-shattering-records-on-the-womens-team-more-viewer-response/article_2118468a-84f1-11ec-9640-5f572c7ae2de.html
| 2022-02-04T22:35:41
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| 0.991845
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This weekend, you’ll find a deal on our pick for best bidet, discounted Duracell batteries and savings on our favorite noise-canceling earbuds. All that and more below.
Duracell Optimum AA and AAA Batteries
$28.92 From $20.44 at Amazon
You can never have too many batteries on hand, so stock up while they’re on sale. Right now at Amazon you can save on packs Duracell Optimum AA and AAA Batteries on Amazon. The Optimums feature a cathode system that can offer extra life in certain devices while giving extra power to others, so you’ll never want for battery juice again.
Tushy
14% off sitewide
Now’s the perfect time to take the plunge if you’ve been feeling bidet-curious. Tushy, the Instagram-famous bidet company, has kicked off its Valentine’s Day sale, featuring 14% off with code IFARTYOU — really. The Tushy Classic 3.0 Bidet Attachment happens to be our pick for best bidet; it’s easy to install and fits snugly under your toilet seat. We found the adjustable nozzle and sleek aesthetic to be a bathroom game changer, and you can read our full review here.
Gravity Blankets
Up to 30% off sitewide
Whether you’re already a weighted blanket fan or you have yet to hop on the warm, cozy, anxiety-reducing bandwagon, you’ll find something to love at Gravity Blankets’ Valentine’s Day sale. Now through Feb. 15, take 30% off mattresses, pillows, duvets and sheets, or pick up the brand’s weighted robe for 25% off.
Ugg
Ugg Closet Sale
There’s no greater gift you can give your feet (or the feet of someone you love) in winter than a cozy pair of Uggs. Right now, Ugg is marking down styles for men, women and kids by up to 60% this weekend only, with deals on everything from super-soft slippers to fashionable boots. Just be sure to shop before the best styles and sizes sell out.
Refurbished Sony WF-1000XM4 Earbuds
$279.99 $149.99 at eBay
Snag a refurbished pair of our pick for best noise-canceling earbuds now while they’re on sale at eBay. In testing, we found the Sony WF-1000XM4s were able to block even the most stubborn noises, with 11 different modes of noise cancellation, one of which we found was able to shut out the world completely. They also had the longest runtime of any earbuds we tested, meaning you’ll be charging them less.
More deals to shop
• Upgrade movie night with Roku’s excellent (and great-value) soundbar, which is nearly as good as our best soundbar pick and best of all, an extra 15% on eBay right now with code VDAY15OFF.
• Make your bed way more comfortable and cool with Pod Pro mattresses and covers from Eight Sleep’s Valentine’s Day sale.
• A couple of Bose portable speakers are up to 23% off on Amazon right now, making great sound even easier to take on the go.
• A ton of great snacks and pantry staples are on sale at Amazon right now, including Bubly seltzer, Frito-Lay chips and Chewy granola bars.
• Replace your worn-out wallet, handbag or belt with an extra 40% off Fossil’s sale section, going on now for a limited time.
• Refresh your stock of Xbox games with a huge Amazon sale featuring digital downloads for up to 75% off, including FIFA games for up to 45% off.
• Take 40% off select Carhartt winter gear, including fleece pullovers, work shirts and yes, beanies.
• This miracle of a jar opener delivers on all its promises and is currently almost $13 off on Amazon.
• Give your winter wardrobe a pick-me-up with Loft’s Style Spree event, on now and with prices up to 75% off.
• Take 20% off skin essentials for the coldest, windiest days of winter during Megababe’s Winter Skin Event.
Deals you may have missed
Cuisinart SM-50 Stand Mixer
$249.95 $199.99 with coupon at Amazon
Our pick for the best affordable stand mixer is now even cheaper than usual on Amazon. A Cuisinart 5.5-Quart Stand Mixer is under $200 when you clip the on-page coupon for additional savings. In testing, we appreciated the powerful 500W motor along with 12 speed options for more precise mixing. The tilt head also allows for easy access to the bowl, and it comes with a chef’s whisk, dough hook, flat mixing paddle and splash guard with a pour spout.
Apple Watch Series 7 GPS, 45mm Midnight Aluminum Case With Midnight Sport Band
$429 $369.98 at Amazon
If you’ve had your eye on the new Apple Watch Series 7, you can save on the 45mm GPS version right now on Amazon. This model is down to $369.98 — that’s almost $60 off the list price of $429. But don’t take your time here; there’s no telling when this item will sell out or when the price will go back up.
Open Box Thermapen One
$105 $80.85 at ThermoWorks
Pretty much the whole internet — and our own in-house testers — agree that ThermoWorks makes the best meat thermometers around, and now an open-box version of our top thermometer pick, the Thermapen One, is on sale. Score this model, which should work like new and comes with a full warranty, for $24.15 off in 10 colors, and enjoy the delicious benefits of the fastest, most accurate thermometer we tested with the easiest-to-read display for less.
Apple AirTags, 4-Pack
$108.99 $89.99 with code CNNATAG at Daily Steals
Keep track of all your valuables with Apple AirTags, a four-pack of which is now on sale at Daily Steals for $89.99 with code CNNATAG — that’s the lowest price tag we’ve seen for the pack so far. At that price, you can feel good about picking up a pack to attach to your keys, wallet and even your pets. In our full review, we found them to be a great value for those already in the Apple ecosystem, so you should snag a few while they’re on sale.
Adidas
Up to 40% off sale
Save on sneakers, apparel and more during Adidas’ latest promo. The brand is currently offering up to 40% off sale items, including a bunch of newly added styles. Sneakers, activewear, loungewear, outerwear and more are all on offer as part of the sale. Just be sure to stock up now before your faves sell out — and before this deal is over.
Homesick
Up to 20% off
Whether you’re looking for the perfect Valentine’s Day gift or you just want your entire home to smell nice and nostalgic, look no further than Homesick. The brand is known for its natural soy wax blended candles that are handcrafted and nontoxic and can burn for up to 80 hours. While a standard candle from Homesick will run you about $34, right now you can save 10% when you buy one item, 15% off two and 20% off three or more. It’s a great opportunity to snag a scent that evokes a memory of a time, place or feeling for yourself or a special someone.
Nintendo Switch Console, Neon Red/Neon Blue Joy-Con
$348.99 $279.99 with code SBDSCNNSWT at Daily Steals
Nintendo Switch consoles are still fairly in demand, and even more difficult to find a discount on — but right now Daily Steals has a Switch in stock and on sale. Use the exclusive code SBDSCNNSWT to snag one for just $279.99 from the site; that matches the price we saw at Woot! last week (that deal sold out in a matter of hours). And while you’re at it, pick up a few discounted games: Pokemon Shining Pearl and Mario Party Superstars are both down to $39.99 with code SBDSCNNGMS. Just be sure to shop soon, as this deal, too, likely won’t last long.
Marmot
Up to 60% off
A winter storm is poised to hit soon, but even if you’re not preparing for snow, you could probably still use some of this discounted cold-weather gear from Marmot. More than 400 styles, including tons of cozy jackets, are up to 60% off as part of the brand’s End of Season Sale. Just be sure to snag these sale items before they sell out — and the frigid weather hits.
Philips Hue Smart Lighting
From $15.99 at Woot!
Light up your home in technicolor with deals on several refurbished Philips Hue products at Woot!. The ultra-intuitive, top-quality multicolor lights boast 16 million colors to set the mood in any room in your house, or just opt for the smart white lights to up the intelligence of your home’s bulbs. You’ll need a Hue Smart Hub to operate the lights — also on sale — or they can be seamlessly integrated into your existing Hue ecosystem. They also work with Amazon Alexa and Google Assistant, and are guaranteed to last for 22 years, or 25,000 lifetime hours.
SanDisk Extreme Pro Portable Solid-State Drive, 2TB
$509.99 $289.99 at Amazon
The SanDisk Extreme Pro Portable SSD is our pick for best premium external hard drive, and right now it’s down to $289.99 for 2TB of storage — the lowest price we’ve seen so far this year at $220 off. This SSD boasts ultra-fast read and write speeds, along with backup and open times. Plus, its durable build makes it safe to take with you on the go.
Beautiful 6-Quart Touchscreen Air Fryer, Black Sesame
$99 $69 at Walmart
Drew Barrymore has designed a stunning line of kitchen appliances and tools, aptly named Beautiful, and now you can save on the celebrity’s air fryer, which you’ll definitely want to display on your countertop. The back-in-stock Beautiful Air Fryer is down to its lowest-ever price of $69 in Black Sesame — just be sure to shop before it sells out again.
DreamSky Portable Digital Alarm Clock
$25.99 $16.99 at Amazon
Wake up and save on our runner-up for best alarm clock, the DreamSky Portable Digital Alarm Clock, on Amazon. We loved this clock for its simplicity; it doesn’t have any superfluous bells and whistles to get in the way of your seamless wake-up call in the form of a loud (but not too loud) beep.
Levi’s
The Warehouse Event
Sick of sweats? Right now you can save on some real pants from Levi’s, the original denim purveyor. The iconic brand is taking up to 75% off during its Warehouse Event, plus free standard shipping, so there’s never been a better time to stock up on jeans and other apparel. You may need to enter your email address to score these solid sale prices on items for men, women and kids, some of which are under $5. Just note: All sales are final, so you’ll want to be sure of your picks before your purchase.
Columbia
Up to 50% off select gear
Winter (and for some in the Northeast, a bomb cyclone) is officially here, but there’s still time to upgrade your outerwear — and other layers — at Columbia, where cold-weather styles are up to 50% off at the Winter Sale. Hundreds of jackets, boots, base layers and more are among the deals, so you can take on any adventure this season.
1Password Password Manager
50% off for the first year
In this day and age of apps and online services galore, a password manager is a must-have, especially because reusing a password makes you more vulnerable in case of a data breach. That’s where 1Password, our pick for best password manager, comes in — and right now it’s half off for the first year for families when you use code CNN22, bringing the yearly cost down to $29.94. 1Password securely stores your information and even generates complex passwords for you when you create new accounts, plus it offers handy features like integration across platforms and a browser extension. Read more about why we love it here.
Steelcase Series 1 Office Chair
$492 $365.30 at Amazon
If you’re working from home, a good office chair is a must-have item, so take advantage of some savings on the Steelcase Series 1, our favorite office chair (read more about that here); we gave the Steelcase Series 1 a perfect score in terms of build, ease of assembly and quality of materials, not to mention its lifetime warranty. And right now it’s down to $364.78 — more than $100 off its usual price tag and the lowest price we’ve seen in months — in select colors, including neutral Licorice.
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https://www.cnn.com/2022/02/04/cnn-underscored/best-online-sales-right-now/index.html?iid=CNNUnderscoredHPcontainer
| 2022-02-04T22:39:58
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| 0.921486
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Alexsandr Vlasov (Bora-Hansgrohe) braves toughest single climb of Vuelta a Valencia to take stage 3 and GC lead.
00:04:11, an hour ago
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https://www.eurosport.com/cycling/vuelta-a-valencia/2022/vuelta-a-valencia-highlights-of-stage-3_vid1620892/video.shtml
| 2022-02-04T22:40:12
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| 0.802541
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Mark Williams enjoyed a straightforward win over Reanne Evans at the Turkish Masters qualifying on Friday night.
One of the pre-tournament favourites Williams eased into the first round as he beat Evans 5-1.
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Williams was in heavy scoring form from the off, putting up four half-century breaks spread over his five successful frames, with Evans claiming a single frame over the course of the tie.
Championship League
Higgins defeats Bingham to triumph in Championship League final
- Can O'Sullivan return to world No. 1 Spot?
- Higgins defeats Bingham to triump in Championship League final
- Higgins wins three and loses one as form continues at Championship League
Belgium’s Luca Brecel made light work of Peter Devlin, securing a 5-1 win.
Welsh veteran Matthew Stevens defeated Pakistan's Farakh Ajaib 5-1.
Jamie Jones kicked off the day’s play with a 5-2 win over Jamie Wilson, while Fan Zhengyi won the all-China tie with Li Hang 5-3.
Tian Pengfei won by the same margin against Allan Taylor, before Mark Davis defeated Scotland’s amateur entrant Ross Muir 5-2.
There was more success for China as Cao Yupeng defeated Ryan Day with a whitewash 5-0, and Zhou Yuelong defeated Iran’s Soheil Vahedi 5-2.
Germany’s SImon Lichtenberg defeated Mark Joyce 5-3.
Stuart Carrington defeated Fraser Patrick 5-2 in the last game of the day
--
Players Championship
Can O'Sullivan return to world No. 1 spot?
Snooker
Gilbert dumped out of Turkish Masters after shock defeat to Hicks
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https://www.eurosport.com/snooker/wales-mark-williams-defeats-reanne-evans-at-inaugural-turkish-masters-qualifying-matthew-stevens-thr_sto8754933/story.shtml
| 2022-02-04T22:40:18
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| 0.941515
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The puck is set to drop on the NHL All-Star Game tomorrow afternoon in Las Vegas! The NHL All-Star rosters are going to look much different than in any year past. This is simply because the NHL has a remarkable group of young talent, resulting in 19 first-time NHL All-Stars.
The format remains the same as in recent years. There will be three total games played in the 3 on 3 style. NHL All-Star rosters will be made up of nine skaters and two goalies representing their respective divisions.
Since starting this format in 2016, neither the Metropolitan or Atlantic Divisions have been able to win the NHL All-Star Game. Let’s take a look at this year’s NHL All-Star rosters for each division.
NHL All-Star Rosters
Metropolitan Division – Two Time Winner (# of All-Star appearances)
F Sebastian Aho, CAR (2nd)
F Claude Giroux, PHI (7th)*
F Jake Guentzel, PIT (1st)
F Jack Hughes, NJD (1st)
F Evgeny Kuznetsov, WSH (2nd)+
F Chris Kreider, NYR (2nd)
F Tom Wilson, WSH (1st)++
D Adam Pelech, NYI (1st)
D Zach Werenski, CBJ (2nd)
G Frederik Andersen, CAR (2nd)
G Tristan Jarry, PIT (2nd)
+ replaced NYR D Adam Fox (injury)
++ replaced WSH F Alex Ovechkin (COVID-19 protocol)
* Fan-elected captain
Atlantic Division (# of All-Star appearances)
F Patrice Bergeron, BOS (3rd)
F Jonathan Huberdeau, FLA (2nd)
F Dylan Larkin, DET (2nd)
F Auston Matthews, TOR (4th)*
F Steven Stamkos, TBL (7th)
F Nick Suzuki, MTL (1st)
F Brady Tkachuk, OTT (2nd)+
D Rasmus Dahlin, BUF (1st)
D Victor Hedman, TBL (3rd)
G Jack Campbell, TOR (1st)
G Andrei Vasilevskiy, TBL (4th)
+ replaced OTT F Drake Batherson (injury)
* Fan-elected captain
Central Division (# of All-Star appearances)
F Kyle Connor, WPG (1st)
F Alex DeBrincat, CHI (1st)
F Nazem Kadri, COL (1st)
F Kirill Kaprizov, MIN (1st)
F Clayton Keller, ARI (2nd)
F Jordan Kyrou, STL (1st)
F Joe Pavelski, DAL (4th)*
D Roman Josi, NSH (4th)+
D Cale Makar, COL (1st)
G Juuse Saros, NSH (1st)
G Cam Talbot, MIN (1st)
+ replaced COL F Nathan MacKinnon (injury)
* Fan-elected captain
Pacific Division – Three Time Winner (# of All-Star appearances)
F Leon Draisaitl, EDM (3rd)
F Jordan Eberle, SEA (2nd)
F Johnny Gaudreau, CGY (6th)
F Adrian Kempe, LAK (1st)
F Jonathan Marchessault, VGK (1st)
F Connor McDavid, EDM (5th)*
F Timo Meier, SJS (1st)
F Mark Stone, VGK (1st)
F Troy Terry, ANA (1st)
D Alex Pietrangelo, VGK (3rd)
G John Gibson, ANA (3rd)
G Thatcher Demko, VAN (1st)
* Fan-elected captain
A full list of NHL All-Star Game odds and free bet offers from multiple NHL sportsbooks is available HERE.
Read next
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https://thesportsdaily.com/2022/02/04/nhl-all-star-rosters-and-game-format/
| 2022-02-04T22:41:55
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| 0.891165
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ALBUQUERQUE, N.M. (KRQE) – The ABQ BioPark is hosting an “on the rocks” event. It’ll be an adult happy hour where people can graze on appetizers and have cocktails at the penguin and reptile exhibit.
Story continues below
- Weather: Frigid mornings and warming days through weekend
- Investigation: Video: Young DWI suspect says officer raped her
- Business: Amazon raising Prime membership fee – here’s when the new price kicks in
- Trending: Two teens assist stranded Albuquerque drivers during storm
People will also be able to chat with reptile and penguin keepers. There will be several activities. ABQ BioPark on the Rocks: Beaks & Fangs will be on February 9 from 6:30 p.m. to 8:00 p.m.
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https://www.krqe.com/news/albuquerque-metro/abq-biopark-on-the-rocks-adult-event-coming-next-week/
| 2022-02-04T22:43:24
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| 0.928581
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Portsmouth city officials sent out a criminal blight notice Friday to a motel that’s been the scene of multiple offenses in recent weeks.
The notice was mailed to the owner of the Riverwalk Inn and Suites on Effingham Street in Olde Towne Portsmouth to inform her that she has 30 days to remedy the situation, said Special Assistant City Attorney Bob Merhige. Time extensions can be granted if they’re determined to be warranted, he said.
The motel has been the scene of three violent incidents in the past two weeks. The first occurred Jan. 24, when motel staff were held up in an armed robbery. The following day, a man and a girl were shot and wounded. On Wednesday, a woman was wounded and a man was killed in another shooting there.
Latest Courts & Crime
A staff member said Friday there was no owner or manager available to comment.
Virginia’s state code defines criminal blight as when a property’s conditions endanger public health or safety. Once city officials determine a property is criminally blighted, they typically notify the owner and then assist them in coming up with a plan to remedy it, Merhige said.
The motel’s owner already has begun working with the city to address the problem, and told officials she plans to hire off-duty police officers to provide extra security there, he said. City officials plan to meet with her again Tuesday to further discuss her plans.
“Everything she has said to me and the police captain has said to me that we’ll solve this problem or at least make a dent in it,” Merhige said.
Jane Harper, 757-222-5097, jane.harper@pilotonline.com
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https://www.pilotonline.com/news/crime/vp-nw-blight-notice-issued-20220204-nlk2njhhujghnf4jy2jgtagrpm-story.html
| 2022-02-04T22:43:24
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| 0.970419
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SANTA FE, N.M. (KRQE) – New Mexico Wild is offering a $5,000 reward for information that leads to the person who vandalized the Petroglyphs near Santa Fe. Last month, someone spray-painted the La Cieneguilla Petroglyphs, which are on the mesa along the Santa Fe River.
Story continues below
- Weather: Frigid mornings and warming days through weekend
- Investigation: Video: Young DWI suspect says officer raped her
- Business: Amazon raising Prime membership fee – here’s when the new price kicks in
- Trending: Two teens assist stranded Albuquerque drivers during storm
These petroglyphs have been dated back to the 13th and 17th centuries. The images are of hump=backed flute players and a variety of birds. The Bureau of Land Management is investigating the crime and anyone with information is asked to call them.
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https://www.krqe.com/news/crime/reward-offered-for-santa-fe-petroglyph-vandal-identity/
| 2022-02-04T22:43:30
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ALBUQUERQUE, N.M. (KRQE) – The Postal Service is offering a $50,000 reward for information about the armed robbery of a mail carrier last month. They say it happened along Zaltana and Eyota near Unser on Jan. 11 around 3 p.m.
Story continues below
- Weather: Frigid mornings and warming days through weekend
- Investigation: Video: Young DWI suspect says officer raped her
- Business: Amazon raising Prime membership fee – here’s when the new price kicks in
- Trending: Two teens assist stranded Albuquerque drivers during storm
Investigators are looking for two men and a woman and say they were armed. Police are also looking for the people who robbed a mail carrier near Louisiana and Copper on the 18th. They were driving a black Dodge Charger and were also armed.
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https://www.krqe.com/news/crime/us-postal-service-offering-reward-for-info-on-armed-robberies/
| 2022-02-04T22:43:36
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| 0.973467
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RIO RANCHO, N.M. (KRQE) – A local food bank in Rio Rancho will be able to provide 350,000 meals to families after a donation from Bank of America. They donated $100 for every employee that received a COVID vaccination in the state before the end of January.
Story continues below
- Weather: Frigid mornings and warming days through weekend
- Investigation: Video: Young DWI suspect says officer raped her
- Business: Amazon raising Prime membership fee – here’s when the new price kicks in
- Trending: Two teens assist stranded Albuquerque drivers during storm
St. Felix Pantry received a $35,000 check which it says will go toward fresh vegetables for families during the winter. Officials from the pantry say they are extremely grateful for the donation. “I’m overwhelmed because I never expect this great amount and I’m still in shock,” says Sister Mary Angela Parkins, CEO of St. Felix Pantry.
St. Felix Pantry serves more than 1,000 people a week. More information is available on their website.
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https://www.krqe.com/news/new-mexico/bank-of-america-makes-donation-to-local-food-pantry/
| 2022-02-04T22:43:42
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| 0.948657
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SANTA FE, N.M. (KRQE) – The city of Santa Fe has narrowed down its police chief search to 10 candidates. Three of them already work for the department including two deputy chiefs.
Story continues below
- Weather: Sunny skies but still very chilly
- Investigation: Video: Young DWI suspect says officer raped her
- Business: Amazon raising Prime membership fee – here’s when the new price kicks in
- Trending: Two teens assist stranded Albuquerque drivers during storm
Two are from Albuquerque, a third is from Rio Rancho. City leaders will meet with the candidates starting Feb. 28 and hope to make a selection by the end of March.
All 10 candidates are men because the city says no women applied. Santa Fe’s previous chief, Andrew Padilla, retired last year. View the list of candidates and fill out a community survey on the search for a new chief on their website.
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https://www.krqe.com/news/new-mexico/city-of-santa-fe-shares-list-of-police-chief-candidates/
| 2022-02-04T22:43:49
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| 0.942105
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WASHINGTON (AP) – Former Vice President Mike Pence on Friday directly rebutted Donald Trump’s false claims that Pence somehow could have overturned the results of the 2020 election, saying that the former president was simply “wrong.” In a speech to the conservative Federalist Society in Florida, Pence addressed Trump’s intensifying efforts this week to advance the false narrative that he could have done something to prevent Joe Biden from taking office.
“President Trump is wrong,” Pence said. “I had no right to overturn the election.”
While Pence in the past has defended his actions on Jan. 6 and said that he and Trump will likely never see “eye to eye” on what happened that day, the remarks Friday marked his most forceful rebuttal of Trump to date. And they come as Pence has been laying the groundwork for a potential run for president in 2024, which could put him in direct competition with his former boss, who has also been teasing a comeback run.
In a statement Tuesday, Trump said the committee investigating the deadly Jan. 6 attack on the Capitol should instead probe “why Mike Pence did not send back the votes for recertification or approval.” And on Sunday, he blasted Pence, falsely declaring that “he could have overturned the Election!”
Vice presidents play only a ceremonial role in the the counting of Electoral College votes, and any attempt to interfere in the count would have represented a profound break from precedent and democratic norms.
Pence, in his remarks Friday, described Jan. 6, 2021, as “a dark day in the history of the United States Capitol.”
Pence was inside the building, presiding over the joint session of Congress to certify the presidential election, when a mob of Trump’s supporters violently smashed inside, assaulting police officers and hunting down lawmakers. Pence, who had released a statement earlier that day to make clear he had no authority to overturn the will of the voters, was rushed to safety as some rioters chanted “Hang Mike Pence!”
Pence framed his actions that day as in line with his duty as a constitutional conservative.
“The American people must know that we will always keep our oath to the Constitution, even when it would be politically expedient to do otherwise,” he told the group Friday. He noted that, under Article II Section One of the Constitution, “elections are conducted at the state level, not by Congress” and that “the only role of Congress with respect to the Electoral College is to open and count votes submitted and certified by the states. No more, no less.”
“Frankly there is no idea more un-American than the notion that any one person could choose the American president,” he added. “Under the Constitution, I had no right to change the outcome of our election. And Kamala Harris will have no right to overturn the election when we beat them in 2024.”
Pence also acknowledged the lingering anger among many in Trump’s base. But, he said: “The truth is, there’s more at stake than our party or political fortunes. Men and women, if we lose faith in the Constitution, we won’t just lose elections — we’ll lose our country.”
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https://www.krqe.com/news/washington-dc/trump-is-wrong-pence-says-he-had-no-right-to-overturn-2020-election/
| 2022-02-04T22:43:55
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| 0.979787
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LAS CRUCES, N.M. (KRQE) – Teddy Allen is having a terrific first campaign with the Aggies. The guard is leading NMSU in minutes, points, field goals, three-point field goals, free throws, rebounds, and steals. Now, New Mexico State’s star player has added a milestone to his collegiate career.
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In only his third season of NCAA Division I basketball (78 games), Allen has eclipsed 1,000 career points. The Phoenix, Arizona native began his collegiate career at West Virginia in 2017. In his freshman season as a Mountaineer, Allen averaged seven points in just under 12 minutes per game.
Allen then spent some time away from the NCAA before joining the Nebraska Cornhuskers in 2020. In Lincoln, Allen led his team in scoring with 16.5 points per game and had multiple double-digit outings, including a 41 point performance against Penn State. Allen then transferred to NMSU where he is currently averaging just over 18 points per game.
Allen now joins Donnie Tillman as the only current Aggies to have reached 1,000 career points. Allen however, will have the opportunity to reach even higher accolades, as was granted an extra year of eligibility with the NCAA’s blanket COVID-19 waiver, and is currently listed as a Redshirt Junior.
NMSU is currently 18-3 overall record and tied for first in the WAC with an 8-1 conference record. The Aggies will battle against co-WAC leader Seattle U in Las Cruces on Saturday at 4 p.m. The game will be broadcast on ESPN+.
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https://www.krqe.com/sports/local-sports/nmsus-allen-reaches-1000-career-points/
| 2022-02-04T22:44:01
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| 0.978779
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KANSAS CITY, Mo. – Valentine’s Day is one week away. Mental health expert and bestselling author Dr. John Delony explains how to combat loneliness and the cultural pressures that come with love’s big day.
The Physical and Mental Impacts of Loneliness
1. Loneliness can result in racing thoughts, racing heart rates, or lack of sleep and over consumption of food.
2. It disrupts our body’s physiology and is more damaging to our bodies than smoking.
3. When your body recognizes it’s lonely, the biological response is similar to being assaulted.
How to Connect and Create Meaningful Relationships
1. First, taking inventory of your current relationships. Ask yourself “how many 2 a.m. friends do I actually have?” We have 1,000 Facebook friends but no one to help us change a tire 30 miles outside of town in the middle of the night.
2. You can look for shared experiences like sports leagues, community theater, or community service projects.
3. Then, extend hospitality to others you meet and invite them into your home or out for coffee. We are all desperate for connection, but someone’s gotta go first. If you’re watching, this is your sign—be that person. Go first!
Control Your Thoughts and Expectations for Valentine’s Day
1. Speak up! Managing expectations is all in how you communicate them. We think in pictures but speak in words. Be clear in what you want.
2. Understand disappointment is inevitable in this life and that you must acknowledge it when it happens. Don’t throw yourself a pity party, find someone you trust—and this might be a professional counselor—and say “hey, this is awful, and I just need to say it out loud.” Writing down your thoughts and feelings is super helpful too.
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https://fox4kc.com/great-day-kc/navigating-the-loneliness-of-loves-big-day/
| 2022-02-04T22:47:14
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| 0.937812
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KANSAS CITY, Mo. — Rockhurst University is discussing how to move forward after being targeted by hate Thursday evening.
The university said people invaded a virtual panel discussion hosted by Rockhurst University’s Black Student Union. The discussion featured Kansas City-Black business owners as part of Black History Month.
Rockhurst said the people entered the virtual meeting, shouted racial epithets and made derogatory statements toward others involved in the meeting.
“We are appalled that our students, colleagues and community members were subjected to this senseless act of violence, and we condemn this action in the strongest possible terms,” Thomas B. Curran, Rockhurst University President, said in a letter to students. “There is no place in our society, in our community, or on our Rockhurst University campus for such unspeakable acts of hate.”
Curran said the University was in the process of contacting students, guests, and the community leaders who were targeted, or witnessed what happened.
The university’s security department and computer services are investigating the incident to determine how he people who made the comments accessed to the panel. Curran said the school will work with police and prosecutors to identify and prosecute the people responsible.
“No act of hate can divide us if we refuse to let it do so. We stand with our students, and we stand together as a community,” Curran said in the letter.
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https://fox4kc.com/news/racial-slurs-hurled-during-black-history-month-panel/
| 2022-02-04T22:47:20
|
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| 0.967911
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BEIJING (AP) — The ice rinks that play host to figure skating and speedskating competitions at the Beijing Olympics will also be putting a major environmental problem on the world stage — the potent greenhouse gases often lurking in refrigerators, air conditioners and other cooling systems.
Four newly built rinks at the Games will use alternative carbon dioxide cooling systems with far less of an impact on global warming than the artificial refrigerants used in such appliances, though other rinks will still use such refrigerants.
Organizers nevertheless say the use of CO2 cooling at the new rinks could bring attention to the use of artificial refrigerants globally, which is expected to become a growing problem as developing countries get richer and use more and more cooling appliances.
“People don’t currently have air conditioning. They don’t currently have refrigeration. But as the world develops, they’re getting that,” said Chuck Booten, a senior engineer at the U.S. Energy Department’s National Renewable Energy Laboratory.
The change at select Olympic venues comes as athletes worry that global warming is endangering winter sports and increasing the need for human-made snow, which requires huge amounts of water and energy to produce. To produce the artificial snow for the Beijing Games, China built massive irrigation systems that will use up to 800 Olympic-sized swimming pools’ worth of water.
With ice rinks, the use of CO2 cooling systems at some venues for the Beijing Games signals the latest chapter in the history of artificial refrigerants.
Under an international treaty in 1987, countries agreed to phase out an earlier generation of refrigerants because of their ozone-depleting properties. That eventually paved the way for the rise of hydrofluorocarbons, or HFCs, which don’t zap a hole in the atmosphere but can leak from discarded appliances and are considered a major driver of global warming.
“We traded one environmental disaster for another,” said Danielle Wright of the North American Sustainable Refrigeration Council, which advocates for alternative refrigerants.
Wright said regulatory and technical advances have largely addressed the risks once associated with refrigerants like ammonia and propane, which were popular before the rise of the artificial refrigerants and have no global warming impact.
Such alternatives could become more popular after the U.S. recently committed to phasing out HFCs. The wind-down is expected to take years, however, and Booten noted the complexities of switching to alternatives, which could come with environmental trade-offs. Appliances that use alternative refrigerants, for example, might use more energy if they don’t cool as efficiently, he said.
In North America, many ice rinks already use ammonia for their cooling systems. But at the 2018 Pyeongchang Games, rinks were still using damaging refrigerants, said Xavier Becker, associate director of venues for the International Olympic Committee.
The IOC subsequently pushed Beijing organizers to commit to better options, he said, noting the potential for the high-profile rinks to set an example. China has said it would push to popularize winter sports among its hundreds of millions of its residents.
“The refrigeration industry in China can be transformed,” Becker said.
Art Sutherland, a refrigeration consultant for the IOC, said officials in Beijing didn’t want to use ammonia because of fears about toxic leaks. They instead opted for CO2 cooling, a relatively newer option that has a negligible climate impact relative to artificial refrigerants.
The CO2 systems will be used in four newly built rinks – the speedskating oval, short track rink, figure skating rink and hockey training rink. A team of students from Beijing Polytechnics College helped build the rinks and are expected to become engineers for other new ones across China.
Other rinks will still use a newer generation of HFCs that have reduced global warming potential. Sutherland noted those were existing rinks, making the installation of CO2 systems difficult.
Christina Starr, a senior policy analyst for the Environmental Investigation Agency, praised the use of CO2 cooling at the Olympic rinks but said “it would be even better if they could say that there their venues were HFC-free.”
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
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https://www.krqe.com/home/olympic-ice-rinks-put-spotlight-on-potent-greenhouse-gases/
| 2022-02-04T22:47:45
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| 0.95121
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NEW YORK (AP) — Wall Street closed out a mostly upbeat week for stocks Friday with a mixed finish for the major indexes and a surge in Treasury yields after a blowout U.S. jobs report raised investors’ expectations that the Federal Reserve may soon start raising interest rates sharply.
The S&P 500 settled for a 0.5% gain after swinging between a 0.6% drop and a 1.4% increase. The Dow Jones Industrial Average slipped 0.1% after a last-minute burst of selling. The Nasdaq composite rose 1.6%. The three indexes posted a weekly gain for the second week in a row.
The latest monthly jobs data was a key focus for investors. The Labor Department said employers added 467,000 jobs last month, triple economists’ forecasts. Some economists were even expecting a loss of jobs amid January’s surge in coronavirus infections because of the omicron variant.
The stronger-than-expected data seems to lock in the Fed’s pivot toward fighting inflation by raising rates and making other moves that would ultimately act as a drag on markets. A 13.5% gain for online retail giant Amazonafter the company delivered a strong earnings report helped lift the S&P 500, even though more stocks fell than rose in the benchmark index.
“Until you get a more set-in-stone picture for what tightening will be from the Fed, you should expect volatility to be similar to where we’ve been the last two weeks,” said Matt Stucky, senior portfolio manager at Northwestern Mutual Wealth.
The S&P 500 rose 23.09 points to 4,500.53, while the Dow slipped 21.42 points to 35,089.74. The Nasdaq gained 219.19 points to 14,098.01, while the smaller stocks in the Russell 2000 rose 11.33 points, or 0.6%, to 2,002.36.
Treasury yields leaped immediately following the jobs report’s release, tracking forecasts that the Fed will hike short-term interest rates more aggressively than earlier expected. The two-year yield, which tends to move with expectations for the Fed’s actions, jumped to its highest level since the start of the pandemic and is more than double what it was two months ago.
The wide expectation is for the Fed to raise short-term rates next month off their record low of nearly zero, with the only question by how much. Friday’s jobs report has investors now pricing in a nearly 32.7% probability of an increase of 0.50 percentage points, instead of the traditional 0.25 points. That’s more than double the probability that Wall Street foresaw a day earlier, according to CME Group.
Any increase would mark an abrupt turnaround from much of the last two years, when ultra-low rates helped prices surge for everything from stocks to cryptocurrencies. Bonds paying more in interest would mean investors feel less need to reach for such risky things for returns.
That’s why Wall Street has been so shaky over the last month, as investors rush to make moves to get ahead of the Fed. On one hand, higher rates will likely mean stock investors pay lower prices for each $1 of profit that a company produces. On the other, stock prices could remain resilient despite that if those corporate profits keep rising.
Stocks seen as the most expensive have taken some of the hardest hits in Wall Street’s reordering. Much of the focus has been on tech and internet stocks that soared through the pandemic on expectations they can continue to grow regardless of the economy.
Even there, uncertainty still reigns as some tech-oriented companies have reported profits that continue to blow past analysts’ expectations, while others like Facebook’s parent company have stumbled.
Amazon joined the list of the former after reporting stronger results for its latest quarter than analysts expected. Because it’s one of the biggest stocks on Wall Street in terms of market value, its movements have an outsized effect on the S&P 500 and other indexes. The company also set a record for biggest one-day gain in market value by a U.S. company, adding $191 billion to its market value, according to FactSet.
Amazon’s big market value jump came a day after a historic plunge in the shares of Facebook’s parent erased more than $230 billion in market value, which was the biggest one-day loss in value for a U.S. company. Meta fell another 0.3% Friday.
Facebook’s parent fell another 0.3% a day after erasing more than $230 billion in its market value, easily the biggest one-day loss in history for a U.S. company.
Snapchat parent Snapsoared 58.8%, and Pinterest gained 11.2% following their own earnings reports.
Fordslumped 9.7% and was another one of the heaviest weights on the S&P 500 after it reported weaker revenue and profit for the last quarter than expected.
Shortages of computer chips continue to hurt its auto production. Such supply-chain issues have been at the heart of the high inflation ripping around the world, and increases in prices at the U.S. consumer level are at a nearly 40-year high.
That’s raising the pressure on the Fed to act decisively to rein in inflation. Data on wages within Friday’s jobs report may have upped the pressure.
Average hourly earnings for workers jumped 5.7% in January from a year earlier. That was a faster acceleration from December’s 4.9% rise than economists expected. While such raises are great for workers, higher wages can also feed into longer-lasting inflation than if prices for just gasoline or other commodities were rising.
With the rising expectations for Fed action, the two-year Treasury yield jumped to 1.31% from 1.19% late Thursday. The 10-year yield leaped to 1.92% from 1.82%.
___
AP Business Writer Elaine Kurtenbach contributed. Veiga reported from Los Angeles.
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https://www.krqe.com/news/business/asian-markets-shrug-off-tech-led-selloff-on-wall-street/
| 2022-02-04T22:47:51
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| 0.956166
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BRUNSWICK, Ga. (AP) — The man convicted of murder for shooting Ahmaud Arbery withdrew his guilty plea on a federal hate crime charge Friday, electing to stand trial for a second time in the 2020 killing of a Black man that became part of a larger national reckoning over racial injustice.
Travis McMichael reversed his plan to plead guilty in the federal case days after a U.S. District Court judge rejected terms of a plea deal between defense attorneys and prosecutors that was met with passionate objections by Arbery’s parents.
Asked by U.S. District Judge Lisa Godbey Wood for his decision, McMichael said: “I withdraw the plea.”
That means all three white men convicted of Arbery’s murder will return to court for the federal trial next week, after plea deals for McMichael and his father fell apart. Greg McMichael backed down from a plan to plead guilty in a legal filing late Thursday.
Wood has scheduled jury selection in the hate crimes trial will begin Monday.
The Friday plea hearing for Travis McMichael was so brief that Arbery’s father missed it. He was standing by the elevators downstairs as reporters were leaving the courthouse.
“All we want is 100% justice for the Arbery family,” Marcus Arbery Sr. said. “That’s all we’re looking for.”
The McMichaels and a neighbor, William “Roddie” Bryan, were convicted of murder in a Georgia state court last fall and sentenced to life in prison. Georgia lacked a hate crimes law at the time of the killing. The U.S. Department of Justice had them indicted on charges that the three white men violated Arbery’s civil rights and targeted him because he was Black.
The McMichaels armed themselves and chased Arbery in a pickup truck after spotting the 25-year-old man running past their home just outside the port city of Brunswick on Feb. 23, 2020. Bryan joined the pursuit in his own truck and recorded cellphone videoof Travis McMichael blasting Arbery with a shotgun.
The father and son had planned to plead guilty to a hate crime charge after prosecutors and defense attorneys agreed to propose a 30-year sentence that would include a request to transfer the McMichaels from Georgia’s state prison system to federal custody. The deal would have required the McMichaels to admit to racist motives and forfeit the right to appeal their federal sentence.
Wood rejected the deal Monday after Arbery’s parents argued that conditions in federal prison wouldn’t be as harsh. Wood said she ultimately denied the deal because it would have locked her into a specific sentence.
Prosecutors asked the judge to approve the plea deals despite the objections from Arbery’s family. Prosecutor Tara Lyons said that attorneys for Arbery’s parents had told the U.S. Justice Department that the family wouldn’t object.
But Lee Merritt, an attorney for Arbery’s mother, said the slain man’s family had previously rejected the same terms and “no longer wanted to engage” with prosecutors, who “took that as a deferral.”
During the murder trial in state court, defense attorneys argued the McMichaels were justified in pursuing Arbery because they had a reasonable suspicion that he had committed crimes in their neighborhood. Travis McMichael testified that he opened fire with his shotgun after Arbery attacked him with fists and tried to grab the weapon.
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https://www.krqe.com/news/national/arbery-defendant-set-to-stand-trial-again-in-mans-killing/
| 2022-02-04T22:47:59
|
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| 0.981704
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SAVANNAH, Ga. (AP) — The man who initiated the deadly chase that ended in the shooting of Ahmaud Arbery has reversed course and decided to plead not guilty to a federal hate crime in the 2020 killing of the unarmed Black man, according to a legal filing late Thursday.
Greg McMichael’s decision came days after a U.S. District Court judge rejected terms of a plea deal that he and his son, Travis McMichael, had negotiated with prosecutors. That deal was met with passionate objections by Arbery’s parents. McMichael’s defense attorney said in a legal notice filed jointly with prosecutors that McMichael now plans to stand trial for a second time in Arbery’s death.
The McMichaels and a neighbor, William “Roddie” Bryan, were convicted of murderin a Georgia state court last fall and sentenced to life in prison. Separate from that case, the three white men also were indicted in U.S. District Court on charges that they violated Arbery’s civil rights and targeted him because he was Black.
The McMichaels armed themselves and chased Arbery in a pickup truck after spotting the 25-year-old man running past their home just outside the port city of Brunswick on Feb. 23, 2020. Bryan joined the pursuit in his own truck and recordedcellphone video of Travis McMichael blasting Arbery with a shotgun.
Travis McMichael was scheduled for a plea hearing Friday morning to announce whether he would move forward with a guilty plea in the federal case. Jury selection in that case is set to begin Monday.
Both men had planned to plead guilty to a hate crime charge earlier this week after prosecutors and defense attorneys agreed on a 30-year sentence that would include a request to transfer the McMichaels from Georgia’s state prison system to federal custody. The deal would have required the McMichaels to admit to racist motives and forfeit the right to appeal their federal sentence.
U.S. District Judge Lisa Godbey Wood rejected the deal Monday after Arbery’s parents objected, arguing conditions in federal prison wouldn’t be as harsh. Wood said she ultimately denied the deal because it would have locked her into a specific sentence.
The judge told the men that if they still decided to plead guilty she would not guarantee their sentence.
Prosecutors asked the judge to approve the plea deals despite the objections from Arbery’s family. Prosecutor Tara Lyons said that attorneys for Arbery’s parents told the U.S. Justice Department that the family wouldn’t object to the plea deals.
Lee Merritt, an attorney for Arbery’s mother, said the slain man’s family had previously rejected the same terms and “no longer wanted to engage” prosecutors, who “took that as a deferral.”
During the murder trial in state court, defense attorneys argued the McMichaels were justified in pursuing Arbery because they had a reasonable suspicion that he had committed crimes in their neighborhood. Travis McMichael testified that he opened fire with his shotgun after Arbery attacked him with fists and tried to grab the weapon.
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https://www.krqe.com/news/national/greg-mcmichael-wont-plead-to-hate-crime-in-arbery-death/
| 2022-02-04T22:48:06
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| 0.982286
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MOSCOW (AP) — When the U.S. and NATO rejected the Kremlin’s security demands over Ukraine last week, fears of an imminent Russian attack against its neighbor soared.
But instead of sending armored armadas across the Ukrainian border as the U.S. and its allies worried, Moscow bombarded Western capitals with diplomatic letters about an international agreement that the Kremlin sees as a strong argument for its position in the standoff.
Even though President Vladimir Putin said a month ago that he wanted a quick answer to the Russian demands and warned that Moscow would not accept “idle talk,” earlier this week he signaled an apparent readiness for more talks with Washington and NATO.
And that offers a glimmer of hope. Although more than 100,000 Russian troops still hover near Ukraine and weeks of talks have led to no major concessions by either side, at least Russia and the West keep talking, and for some experts that’s a reason for cautious optimism.
“On the one hand Putin did fire rhetorical barbs against the West and emphasized perceived slights; on the other hand he also did leave open the possibility of talking in more detail about at least some of the issues where the West has been willing to engage,” said Jeff Rathke, a former U.S. diplomat and president of the American Institute for Contemporary German Studies at Johns Hopkins University.
“We’re kind of where we were a few weeks ago,” Rathke said. “Putin has kept his options open. He’s not ruled out talks but also not reduced his strident rhetoric.”
Russia and the West remain far apart on the most critical issues and it’s unclear how a compromise could be reached. But the Kremlin’s recent emphasis on diplomacy appears to reflect Putin’s hope to achieve his goals through negotiations while using the deployment of the troops near Ukraine as leverage.
“Russia will maintain a tough stand while indicating that it’s not shutting the door to talks,” said Fyodor Lukyanov, who heads the Moscow-based Council for Foreign and Defense Policies and closely follows the Kremlin thinking. “Such complex agreements aren’t reached in a relaxing atmosphere over a cup of tea, so all methods of persuasion are being used, including the demonstration of force.”
Russia maintains it has no intention to attack its neighbor, but it demands that NATO bar membership to Ukraine and other ex-Soviet nations and pledge not to deploy weapons there. It also wants NATO deployments in Eastern Europe rolled back.
The U.S. and its allies flatly rejected those demands as “nonstarters” during a series of talks last month, but Moscow demanded a written reply, fueling suspicions that it wanted a formal rejection of its demands to use as an argument for sending troops into Ukraine.
The U.S. and NATO handed their response to Moscow on Jan. 26, ruling out any concessions on Russia’s main demands but holding the door open for talks on other issues, including limits on offensive missile deployments, greater transparency of military drills and other confidence-building measures.
Putin has yet to formulate his response to the Western proposals, but his diplomats have warned it will be difficult to achieve any progress on those issues if the West continues to stonewall Moscow’s main demands.
The deadlock has fueled fears of imminent hostilities, and in a phone call last week U.S. President Joe Biden warned Ukraine’s president that there is a “distinct possibility” Russia will invade in February.
Moscow appears to have opted for a diplomatic track for now and U.S. officials in recent days have toned down their rhetoric about “imminence.” But the U.S. has not backed away from the urgency of its concerns.
A week ago, Russia’s Foreign Minister Sergey Lavrov sent new letters to his Western counterparts, countering NATO’s argument that every country has the right to choose alliances. He charged that the alliance’s expansion contradicts its obligation not to strengthen its security at Russia’s expense.
Lavrov said the U.S, and its allies have pledged to respect the “indivisibility of security” in documents signed at summits of the Organization for Security and Cooperation in Europe, the main trans-Atlantic security grouping.
“There must be security for all or there will be no security for anyone,” Lavrov wrote, noting that his ministry would now wait for formal replies to his letter before advising Putin on next moves.
The exchange of letters could set the stage for a long series of arcane arguments about conflicting interpretations of the OSCE documents, and Putin expressed readiness for such discussions.
In his first public remarks on the standoff since late December, the Russian leader noted Tuesday that while the West rejects Russia’s key demands, diplomatic efforts should continue. “I hope that we will eventually find a solution, although we realize that it’s not going to be easy,” Putin said.
The patient stand contrasted with Putin’s statement in December that he wants a quick Western reply and could order unspecified “military-technical measures” if the U.S. and its allies continue to ignore Moscow’s concerns.
Putin made no mention of any such measures in his comments this week, saying that “we need to find a way to ensure interests and security of all parties, including Ukraine, European nations and Russia.”
Along with the talks with the U.S. and NATO, Russia also engaged in separate negotiations on a stalled 2015 peace deal for eastern Ukraine. A four-way meeting in Paris between presidential envoys from Russia, Ukraine, France and Germany didn’t produce immediate progress, but they will meet again in Berlin this month.
French President Emmanuel Macron, who has spoken to Putin three times since last Friday, will visit Moscow and Kyiv on Monday and Tuesday in a bid to help defuse tensions, and German Chancellor Olaf Scholz will also travel to both Ukraine and Russia on Feb. 14-15.
Lukyanov said Russia will likely keep flexing its military muscle to demonstrate its resolve. He noted that Russia could easily afford keeping troops near Ukraine for a long time and will continue a series of drills to maintain pressure on the West.
“Troops may come and go,” Lukyanov said. “It’s relatively cheap and within the funds already earmarked for combat training.”
The drills include sweeping joint war games with Russia’s ally Belarus, which borders Ukraine to the north, and Lukyanov predicted that Russia could further beef up its defense ties with the country.
Belarus’ authoritarian President Alexander Lukashenko, who has edged closer to Moscow after being hit with Western sanctions over his crackdown on dissent, already has offered to host Russian nuclear weapons.
“Belarus will be an important element in the game,” Lukyanov said.
___
Lee reported from Washington.
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https://www.krqe.com/news/politics/a-hopeful-sign-despite-russian-warning-ukraine-talks-go-on/
| 2022-02-04T22:48:14
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| 0.966477
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WASHINGTON (AP) — Art Cooley, a longtime activist who co-founded the Environmental Defense Fund more than 50 years ago, has died. Cooley, 87, helped launch the group, now one of the world’s leading environmental organizations, from his living room on Long Island, New York, in 1967.
EDF now has more than 2.5 million members and nearly 1,000 employees from New York to London to Beijing.
Cooley died Sunday in Colorado of natural causes, said his son, Jonathan.
In the mid-1960s, while a high school teacher, Cooley was one of several local activists who organized to stop use of the pesticide DDT, a toxin that was threatening survival of birds including the osprey, bald eagle and peregrine falcon. The legal battle led to the banning of DDT in the United States and the formation of EDF.
Cooley was involved with the organization’s board, including as its chair and later secretary, for decades. He grew up on Long Island and was later a long-time resident of La Jolla, California.
“Art had a warmth and charisma that radiated through EDF board meetings and helped bring people together in common cause,” said EDF’s longtime president, Fred Krupp. “For all of us who carry the EDF torch … knowing Art will go down as one of the great satisfactions of our lives.”
Cooley and his associates used science to challenge industry groups in court and helped establish the right of ordinary citizens to sue the government to protect human health and the environment, EDF said in a statement.
Cooley’s death leaves Charles Wurster as the group’s last surviving co-founder. Another co-founder, Dennis Puleston, died in 2001.
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https://www.krqe.com/news/politics/art-cooley-co-founder-of-environmental-defense-fund-dies/
| 2022-02-04T22:48:21
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| 0.978751
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WASHINGTON (AP) — The Department of Homeland Security announced Thursday the creation of a new Cyber Safety Review Board that will have public and private sector experts examine significant hacking incidents and recommend improvements.
The new board is modeled after the National Transportation Safety Board, which reviews plane crashes and other major accidents, and was mandated by an executive order President Joe Biden signed last May. Some supporters of the new board have criticizedDHS for taking so long to get it up and running.
Department of Homeland Security Secretary Alejandro Mayorkas said the board will have 15 members and will be a mix of public and private officials.
Robert Silvers, a top DHS policy official, will be the new board’s chairman. And Heather Adkins, a senior director at Google, will be the deputy chair. New board members include officials from the FBI, NSA and Defense Department, as well as Verizon and Microsoft.
The board’s first review will be of the log4j vulnerability, a flaw first made public in December that lets internet-based attackers easily seize control of everything from industrial control systems to web servers and consumer electronics.
Biden’s executive order directed the board to conduct its first review on the massive Russian cyber espionage campaign known as SolarWinds, but DHS said it and the White House now agree that reviewing the log4j incident is the best use of the new board’s expertise.
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https://www.krqe.com/news/politics/dhs-announces-creation-of-new-cybersecurity-review-board/
| 2022-02-04T22:48:28
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| 0.958992
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WASHINGTON (AP) — Rep. Joseph H. Rainey, born into slavery in 1832, was honored Thursday for being the first Black member of the House by formally having a room in the Capitol named after him. Top lawmakers and a descendant turned the ceremony into something more than that.
No. 3 House Democratic leader James Clyburn, Rainey’s great-granddaughter Lorna Rainey and others used the event to say the battle for racial justice and voting rights that Joseph Rainey championed must continue.
The brief event featured speeches delivered beside a portrait of Rainey, sitting with legs crossed in the Capitol and sporting prominent mutton-chop sideburns and a dark suit. It came during Black History Month and as Republican-run states have enacted voting restrictions that in some cases are expected to affect minority voters.
“I have children. I have grandchildren,” said Clyburn, who like Rainey did represents a district in South Carolina. “I want them to feel as proud of this country as I am.”
Clyburn noted that eight African Americans were elected to the House from his home state during the 19th Century but said, “The problem is there’s 95 years between No. 8 and No. 9,” who is Clyburn himself, first elected in 1992. “Anything that’s happened before can happen again.”
“If Joseph Rainey could accomplish so much during his time, then certainly you can be the ones to get the people’s work done,” his great-granddaughter told the small audience, which included lawmakers. “As we honor this man, please let us remember what he stood for, what he put his life in danger for and why his legacy endures today.”
The modest room now bearing Rainey’s name is on the first floor of the Capitol and was used by the House Committee on Indian Affairs, on which he served. A plaque in his honor was placed outside the room.
It’s currently used by aides to House Minority Whip Steve Scalise, R-La., who said of Rainey, “He didn’t just come up here to hold the title. He came up here to make a difference, and make a difference he did.”
Never formally educated, Rainey was forced to help build Confederate fortifications around Charleston, South Carolina, and to work aboard a blockage-running ship.
He escaped to the British island colony of Bermuda and returned to South Carolina in 1866, where he helped found the state’s Republican Party. He was elected to Congress and sworn into office in December 1870, replacing a lawmaker who had resigned.
Reelected four times and serving during Reconstruction, Rainey’s first major speech came in April 1871 in support of the Ku Klux Klan Act, which expanded federal law enforcement powers in the South. He served with 13 other African-American lawmakers during Reconstruction, all of them Republicans.
The Constitution, Rainey said, was written to protect “the humblest citizen, without regard to rank, creed, or color.” President Ulysses Grant signed the legislation into law days later.
Rainey received death threats from the Klan in 1871, including a letter written in red ink to him and other Black officials that he provided to a newspaper that said, “Your doom is sealed in blood.” He was an advocate for rights for working people, immigrants, former slaves and supported self-government for Native American tribes.
In 1874, Rainey became the first Black to preside over the House when he oversaw a debate on a spending bill for Native American reservations. The Springfield Republican, a Massachusetts newspaper, contrasted Rainey’s appearance with “the days when men of Mr. Rainey’s race were sold under the hammer within bowshot of the Capitol.”
Rainey died of natural causes in 1887, a few months after contracting malaria. He was 55.
According to the Senate website, Hiram Revels became the first Black senator when he was sworn into office in February 1870, months before Rainey’s arrival.
GOP Rep. Tom Rice, whose South Carolina district includes the town of Georgetown where Rainey was from, said his grandparents lived just blocks from Rainey’s house. “Can you imagine the pressure that he felt and the obstacles that he had to overcome,” Rice said.
In a moment of bipartisan comradery rare these days, Rice said he’d proposed a bill naming a local post office after Rainey that wouldn’t have succeeded without Clyburn’s support.
Standing behind Rice, Clyburn deadpanned, “That’s correct.”
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https://www.krqe.com/news/politics/first-black-congressman-honored-amid-calls-for-justice/
| 2022-02-04T22:48:36
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| 0.983941
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You will not believe the dollars spent on Valentine’s Day. You had better sit down.
» Last year, Americans spent approximately $21.8 billion on Valentine’s Day-related purchases.
» Candy is the most popular Valentine’s Day gift, with 54% buying sweets in 2021. This comes out to around $2 billion in spending.
» Americans purchase about 58 million pounds of chocolate for Valentine’s Day.
» A century ago, Hallmark began manufacturing Valentine’s Day cards.
» Valentine’s Day has remained one of Hallmark’s two biggest holidays, along with Christmas, since the postcard company’s founding in 1910.
» Industrywide, around 145 million Valentine’s Day cards are sent annually — not including children’s classroom cards, according to Hallmark.
» Roses dominate the top spot for Valentine’s Day flowers.
Do you remember planning and plotting what valentine cards you would send to your classmates?
I remember my mom taking me to the big Grant store on the corner of Fourth and Dewey. I would look for just the right box of cards.
Once selected, I would take them home, go to my room and begin the selection of who got which card. I would write their name in the card and sign my name. Then I would carefully seal the cards in their little envelopes and write their name on the outside in red letters. Each would get decorated with pictures or stickers.
The next day it was time to create our valentines holders at school. We would cut two hearts out of file folders and tape them together, leaving an opening in the top for the valentines. The rest of the afternoon was filed with decorating our holders with hearts and lace. We kept our folders on our desk.
Every time someone put a valentine in my holder, I wanted to open right away. But teacher said wait for everyone to get their valentines delivered
On Valentine’s Day we would have a classroom party. The room mother would bring us treats and we would open all our valentines.
When I got home, I always showed my mom all my cards and neatly tucked them away.
One year, on Valentine’s Day my doorbell rang. I opened the door and there was the boy I really liked running to get in the car.
I looked down and the on the porch was a valentine, a paper cup with a pipe cleaner handle with candy inside and a red tulip. I was all aflutter. The perfect ending to a perfect day.
Fifty years later the boy’s mother and I bumped into each other downtown. In our conversation, the Valentine’s Day delivery came up. His mother admitted she was the one who encouraged him to leave the flower.
I can still remember the giddiness I felt on that day when I was in the sixth grade.
More about this sweet holiday next week.
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https://nptelegraph.com/opinion/columnists/hepburn-valentine-s-day-giving-blossoms-through-the-years/article_3864668e-85e6-11ec-a9c7-6fd634030c8b.html
| 2022-02-04T22:48:39
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| 0.971437
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SALT LAKE CITY (AP) — Republican officials meeting in Utah advanced a watered-down resolution Thursday that would formally censure GOP Reps. Liz Cheney and Adam Kinzinger for their perceived disloyalty to former President Donald Trump but not seek to expel them from the party.
The resolution’s passage through a subcommittee followed hours of hand-wringing over language that initially would have called on the House Republican Conference to oust Cheney and Kinzinger, the only Republicans on the House committee investigating the Jan. 6 insurrection at the Capitol. The censure resolution is expected to be voted on Friday by all 168 Republican National Committee members at their winter meeting in Salt Lake City.
“We want to send a message that we’re disapproving of their conduct. It’s a middle ground,” RNC member Harmeet Dhillon said, noting that the vote was unanimous.
“This is not about being anti-Trump. There are many anti-Trump Republicans that are not included in this resolution. These two took a specific action to defy party leadership,” she added.
The effort to punish Cheney, of Wyoming, and Kinzinger, of Illinois, comes as party officials juggle preparation for this year’s midterm elections, when control of Congress and 36 governorships are at stake, with planning for the 2024 presidential election. In Salt Lake City this week, they’ve discussed where to host their 2024 party convention and whether to compel their candidates not to participate in presidential debates, a cause important to Trump.
But the last-minute change to the resolution puts in question Trump’s overarching influence on a party apparatus that has largely acquiesced to his wishes. The former president and other GOP members were incensed when Kinzinger and Cheney agreed to House Speaker Nancy Pelosi’s invitation to join the Democratic-led House committee investigating the insurrection, giving the panel a veneer of bipartisan credibility.
The draft censure resolution accuses Kinzinger and Cheney of “participating in a Democrat-led persecution of ordinary citizens engaged in legitimate political discourse” and of “utilizing their past professed political affiliation to mask Democrat abuse of prosecutorial power for partisan purposes.”
It says the RNC will “immediately cease any and all support” of Kinzinger and Cheney as members of the party and says the RNC denounces “those who deliberately jeopardize victory in November.”
Republican Party Chair Ronna McDaniel did not respond to request for comment Thursday on the resolution changes, but Dhillon said RNC resolutions are routinely revised.
Not every RNC member was supportive of the initial draft resolution for expulsion.
“It’s distracting from what should be our main objective: winning back the House and the Senate. We should be focused on taking on Democrats and not each other. This is not time well spent,” Bill Palatucci, a committee member from New Jersey, said of the effort to punish Cheney and Kinzinger.
The resolution to expel Cheney and Kinzinger was spearheaded by David Bossie, a Maryland committee member who previously served as a Trump campaign adviser, and Frank Eathorne, chair of Wyoming’s Republican Party. Eathorne declined to comment on the revised resolution after its passage.
The initial draft, obtained by The Associated Press, had accused Cheney and Kinzinger of serving as “pawns to parrot Democrat talking points” on the Jan. 6 House committee and chided them for deposing their colleagues and “pursuing what amounts to a third political impeachment of President Trump.”
“The Conference must not be sabotaged by Rep. Liz Cheney and Rep. Adam Kinzinger who have demonstrated, with actions and words, that they support Democrat efforts to destroy President Trump more than they support winning back a Republican majority in 2023,” it said.
The RNC has no formal power over the party’s congressional members, so how much weight a resolution to expel them from the House Republican Conference would have carried in Congress if passed is unclear.
Kinzinger released a statement after the vote saying “conspiracies and toxic tribalism” were hindering Republicans’ “ability to see clear-eyed.”
“Rather than focus their efforts on how to help the American people, my fellow Republicans have chosen to censure two lifelong members of their party for simply upholding their oaths of office,” he said.
Cheney has already been censured by the Wyoming Republican Party, but the voters who will determine her fate are less conservative than party insiders. Wyoming allows voters to change party affiliation at the polls, meaning Cheney could draw enough independent and even Democratic support to prevail in the Republican primary Aug. 16.
Cheney over the past year has raised $7.2 million, ranking ninth among all U.S. House candidates, according to the Federal Election Commission. That included over $2 million over the last three months of 2021, more than four times as much as her leading primary opponent raised, and Cheney finished the year with over 10 times as much campaign money.
Cheney said in a tweet Thursday night that she didn’t recognize those she felt had abandoned the U.S. Constitution in service of Trump.
“The leaders of the Republican Party have made themselves willing hostages to a man who admits he tried to ‘overturn’ a presidential election and suggests he would pardon Jan. 6 defendants, some of whom have been charged with seditious conspiracy,” she said.
___
Gruver reported from Cheyenne, Wyoming. AP National Politics Writer Steve Peoples contributed reporting from New York.
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https://www.krqe.com/news/politics/gop-now-looks-to-censure-cheney-and-kinzinger-not-oust-them/
| 2022-02-04T22:48:43
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| 0.969986
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WASHINGTON (AP) — Democrats on Friday muscled legislation through the House that they say positions the United States to better compete with China economically and on the global stage by strengthening the domestic semiconductor industry and shoring up strained supply chains.
The bill passed by a vote of 222-210. It marks an important step for a top Biden administration priority, but the legislation is likely to be extensively revised as negotiators reconcile differences with what the Senate passed about eight months ago. President Joe Biden urged lawmakers to reach a deal quickly, saying, “America can’t afford to wait.”
The nearly 3,000-page bill, not counting scores of amendments added this week, includes massive investments designed to boost semiconductor manufacturing in the U.S. The big-ticket items include about $52 billion in grants and subsidies to help the semiconductor industry and $45 billion to strengthen supply chains for high-tech products.
But Democrats also tucked in other priorities that have raised GOP concerns about the bill’s cost and scope. Rep. Adam Kinzinger of Illinois was the only Republican to vote for the measure, while Rep. Stephanie Murphy of Florida was the only Democrat to vote against it.
The bill includes $8 billion for a fund that helps developing countries adjust to climate change; $3 billion for facilities to make the U.S. less reliant on Chinese solar components; $4 billion to help communities with significantly higher unemployment than the national average; and $10.5 billion for states to stockpile drugs and medical equipment.
Democrats were in a celebratory mood prior to the vote after the latest jobs report showed employers added 467,000 jobs in January. They said the legislation would lead to more good news on that front.
“The bill we’re talking about today is a jobs bill, a jobs bill for manufacturing in America, for making it in America,” Pelosi said.
The bill gives Democrats a chance to address voter concerns about the economy at a time when a shortage of computer chips has led to higher prices for automobiles, electronics and medical devices. To show his administration is addressing inflation concerns, Biden highlighted the vote at a White House event Friday and reminded Americans of Intel’s announcement two weeks ago that it would be building two computer chip production plants in Ohio.
Republicans, who for months have hammered Democrats over rising inflation, panned the measure as “toothless” and short of what is needed to hold China accountable for a range of economic and human rights actions. They also said it would waste taxpayer dollars on environmental initiatives and other unnecessary programs.
“This bill is actually just a long list of progressive dream policies that have nothing to do with China at all,” said Rep. Michelle Fischbach, R-Minn.
Commerce Secretary Gina Raimondo met with House Democratic lawmakers this week to discuss the bill. She said the most “urgent need” in the bill is the $52 billion for domestic chip production because of the global chip shortage’s effect on the economy, including the automotive sector, and the national security implications of having so many semiconductors made overseas.
“We just cannot wait anymore,” she told reporters Friday. “We are so far behind. We’re in such a dangerous place as a matter of national security just because of our reliance on Taiwan for our most sophisticated, leading-edge chips.”
Big chipmakers like Intel and Samsung have recently announced plans to build new factories in the U.S., but Raimondo noted they have also indicated they could go “bigger and faster” with federal help.
One of the biggest flashpoints is the $8 billion in the legislation to help developing countries reduce their emissions and cope with climate change. Former President Barack Obama pledged $3 billion toward the fund, but former President Donald Trump withheld $2 billion of that.
Rep. Michael McCaul, the ranking Republican on the House Foreign Affairs Committee, called it an “unaccountable UN slush fund” that has already provided at least $100 million to China.
Meanwhile, America’s share of semiconductor manufacturing globally has steadily eroded from 37% in 1990 to about 12% now. The Biden administration and lawmakers are trying to reverse that trend, which industry officials say is driven by foreign competitors receiving significant government subsidies.
The pandemic has strained the supply chain for the chips. The Commerce Department issued a report last week that found the median inventory of some semiconductor products had fallen from 40 days in 2019 to less than five days in 2021. The report also said stakeholders don’t see the problem going away in the next six months. The administration cited the findings in calling for Congress to act.
Tensions with China are reflected in much the legislation. In a nod to concerns about the origins of COVID-19, the bill directs the president to submit a report to Congress on the most likely origin of the virus, the level of confidence in that assessment and the challenges of making such as assessment.
Republicans dismissed the provision as “no independent investigation, no sanctions, no punishment.” They want a select committee of lawmakers to look into the origins of COVID-19. “Instead of taking action to get a real accountability, it’s going to ask them for a report,” said Republican leader Kevin McCarthy of California.
Another provision would subject more lower-cost products made in China to tariffs. Currently, imports valued at less than $800 are exempted from expedited processing and tariffs. The bill eliminates the threshold for certain countries, most notably China.
The Senate passed its computer chips legislation in June by a vote of 68-32, representing a rare bout of bipartisanship on major legislation. Negotiators will now try to work out a compromise both chambers can accept, though it’s uncertain they could do so before the midterm elections.
Whatever emerges will need support from 10 Republicans in the 50-50 Senate to be passed into law.
“We’ll send House Republicans a much better option to vote on in the next couple of months,” said Sen. Todd Young, R-Ind., who worked with Senate Majority Leader Chuck Schumer on the Senate’s version of the legislation.
“Democrats in the Senate and House know we have much more work to do to bridge our two proposals together and move this bill to the president’s desk, and I believe we will,” Schumer said.
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Associated Press writer Matt O’Brien in Providence, Rhode Island, contributed to this report.
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https://www.krqe.com/news/politics/house-to-vote-on-bill-to-boost-us-computer-chip-production/
| 2022-02-04T22:48:50
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| 0.957459
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When helicopters carrying some 50 U.S. commandos thumped onto the ground in Syria an hour after midnight, the raiders confronted a houseful of extremists and children.
Baby comforts were inside — a stuffed bunny, a blue plastic swing, a crib. So was the paraphernalia of violence — such as the bomb Abu Ibrahim al-Hashimi al-Qurayshi is said by U.S. officials to have used to blow up himself, his family and perhaps others in his immediate proximity.
It was an audacious raid in an extremist stronghold of northwest Syria, months in the works and executed with the understanding that children might die as well as the hunted IS chief if the building’s occupants did not get out when given the chance to leave.
The apparent suicide bombing came before or early in a two-hour gun battle Thursday. First responders said 13 people died, six of them children. No U.S. commandos were wounded, military officials said.
President Joe Biden, who ordered the raid, said the world is rid of a man he described as the driving force behind the “genocide of the Yazidi people in northwestern Iraq in 2014,” when slaughters wiped out villages, thousands of women and young girls were sold into slavery and rape was used as a weapon of war.
“Thanks to the bravery of our troops, this horrible terrorist leader is no more,” Biden said.
THE PREPARATION
Over months of planning, U.S. intelligence first had to locate al-Qurayshi’s whereabouts and understand his movements — or lack thereof. Officials concluded he rarely, if ever, left his family’s third-floor quarters except to bathe on the building’s roof.
Anticipating that al-Qurayshi could well choose death by self-detonation if cornered by U.S. forces, U.S. officials commissioned an engineering study-from-afar of the three-story, cinder-block building to see if it would collapse in that event and kill everyone inside.
They concluded that enough of the building was likely to survive such a blast to spare those not near him.
They constructed a tabletop model of the house and in December set it up in the Situation Room, the ultra-secure White House command and communications post where presidents and their national security aides manage crises.
The second floor of the Syrian house, also white, was occupied by a lower-ranking Islamic State leader and his family. The ground floor, partly a basement, housed a family unconnected to the Islamic State and unaware of al-Qurayshi’s presence or significance, U.S. officials said.
Biden was first briefed in depth more than a month ago by operational commanders after U.S. forces were satisfied they would find al-Qurayshi — also known as Haji Abdullah — where they did.
The Islamic State, which once controlled most of the territory in Iraq and parts of Syria, has been attempting to regenerate, and staged its most ambitious operation in years when it seized a prison in northeast Syria last month holding at least 3,000 IS detainees.
U.S.-backed Kurdish forces fought IS militants for 10 days to take back the prison, and a watchdog organization reported Friday that hundreds of boys who’d been held there are missing.
For all his brinkmanship with Russia as it amasses its forces for a possible new invasion of Ukraine, Biden could not afford to take his eyes off IS.
On Tuesday morning, he met Defense Secretary Lloyd Austin and Gen. Mark Milley, chairman of the Joint Chiefs of Staff, in the Oval Office and gave the go-ahead. Wednesday evening in Washington, Biden was in the Situation Room, monitoring a live feed of the mission as it unfolded.
___
THE MISSION
At his refugee camp near the raid, Jamil el-Deddo heard aircraft and an explosion ripping through the night and thought at first it might be the notorious barrel bombs “that used to be dropped on us.” President Bashar Assad’s forces used the explosives-packed barrels against opponents during the Syrian conflict, inflicting indiscriminate death and injury.
“The first moments were terrifying,” el-Deddo told AP. “No one knew what was happening.”
The U.S. launched the raid from a unidentified base in the region after having “deconflicted” the mission with “a range of entities.” That’s jargon for giving certain other military forces or interests in the region — perhaps Russia — notice of a U.S. operation underway.
At the outset, the building’s occupants were told to get out.
“If you don’t leave, we have orders,” a man speaking with Iraqi dialect could be heard saying through a loudspeaker. “We will fire missiles toward the house. There are drones overhead.”
Ten people left the building, said Pentagon spokesman John Kirby — a man and woman from the first floor and eight children in all from the first and second.
Not long after came the explosion that collapsed much of the third story and blew bodies out of the house, al-Qurayshi’s among them. Gen. Frank McKenzie, head of U.S. Central Command, said the blast was more massive than one that would be expected from a suicide vest.
From the second floor, the barricaded IS lieutenant, whom officials did not identify, and a woman thought to be his wife exchanged sustained gunfire with the commandos, U.S. officials said. Both died in the firefight, U.S. officials said, and one child with them was also found dead, McKenzie said.
The special operations forces conducting the mission faced danger from outside the building as well.
While the commandos were clearing the second floor, a number of foreign fighters linked to al-Qaida in Syria “began maneuvering with weapons toward U.S. forces” at the scene, McKenzie said. Gunfire from a U.S. helicopter killed at least two of them, he said.
Another helicopter developed a significant malfunction, McKenzie said. After landing it safely, away from the scene, the Americans rigged it to explode, then struck it with munitions from the air to be doubly sure “no sensitive equipment would remain in Syria.”
Videos released by the Syrian opposition group Syrian Civil Defense, also known as White Helmets, showed a paramedic rushing a little girl from the house into an ambulance. A photo of a girl circulated on social media later showing a girl who appeared to be about five with blood on her face.
When the commandos safely departed, Biden uttered “God bless our troops,” according to a U.S. official who briefed the press on condition of anonymity. Biden was kept abreast of their long flight out of Syria overnight by Jake Sullivan, the national security adviser.
___
AFTERMATH
In images afterward, blood could be seen on the walls and floor in what remains of the structure. A wrecked bedroom had a wooden crib and the stuffed rabbit doll. On one damaged wall, the baby swing was still hanging.
In the fog-of-war aftermath, there was no immediate accounting from the U.S. of how many children died in all, and how. The White House attributed the deaths of three of the children to al-Qurayshi’s blast while the Pentagon spoke of two, both leaving unexplained, for now, how many might have been killed in the firefight.
Biden said U.S. forces chose a riskier commando raid instead of an attack from the air so as to minimize civilian casualties.
Yet the U.S. launched the operation knowing the IS leader might respond by killing innocent people around him as well as himself. McKenzie said the U.S. “as always” will look into whether innocent people were killed by its forces.
___
Baldor, Miller and Woodward reported from Washington; Alsayed from Atmeh, Syria. Associated Press writers Zeina Karam in Beirut, Qassim Abdul-Zahra in Baghdad and Eric Tucker, Chris Megerian, Ellen Knickmeyer in Washington contributed reporting.
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https://www.krqe.com/news/politics/lethal-us-raid-on-is-encounters-a-doll-crib-bomb-bullets/
| 2022-02-04T22:48:57
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| 0.976618
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WASHINGTON (AP) — Facing criticism for civilian deaths in U.S. airstrikes, President Joe Biden targeted the leader of the Islamic State group on Thursday in an approach — a ground raid by special forces — that was riskier for American troops but intended to be safer for the innocent.
Dozens of U.S. commandoes landed outside Abu Ibrahim al-Hashimi al-Qurayshi’s Syrian hideout and warned people in nearby homes to stay inside, U.S. officials said. As one of their first moves, they called out to families living inside the same building as al-Qurayshi. By the time the operation ended, the officials said, 10 civilians had been led to safety.
But the U.S. raid still brought the deaths of women and children. Al-Qurayshi’s wife and two children were killed along with the militant leader when he detonated a suicide bomb. A lieutenant of the militant leader and that man’s wife also died along with a child, after the pair fired upon U.S. forces, officials said. The deaths from the high-stakes mission highlight the challenge U.S. forces face in targeting violent militants, while bound by ethics and international laws and treaties to try to avoid killing non-combatants.
Biden, speaking from the White House, said he directed the military to take “every precaution possible to minimize civilian casualties.”
“Knowing that this terrorist had chosen to surround himself with families, including children, we made a choice to pursue a special forces raid at a much greater risk to our own people rather than target him with an airstrike,” he said. Biden described al-Qurayshi’s decision to blow himself up while surrounded by family members as “desperate cowardice.”
Defense Secretary Lloyd Austin said the Pentagon would review the operation.
“We know that al-Qurayshi and others at his compound directly caused the deaths of women and children last night. But, given the complexity of this mission, we will take a look at the possibility our actions may also have resulted in harm to innocent people,” he said in a statement.
U.S. officials reported no American injuries.
California Democratic Rep. Adam Schiff, chairman of the House Intelligence Committee, called for an investigation of the civilian deaths in Thursday’s strike, “while keeping in mind the history of ISIS leaders using civilians as human shields.”
By one estimate, that of Brown University’s Costs of War project, close to 400,000 civilians have died in fighting since the United States and its allies launched what Americans called their war on terror, in 2001, after the 9/11 attacks.
Military strikes of all kinds have declined dramatically under Biden, according to Airwars, which tracks U.S. attacks.
The number of strikes dropped 54% from 2020 to 2021, a period when the Biden administration was moving toward with what in August became a complete U.S. withdrawal from the 20-year Afghanistan conflict, according to Airwars.
However, the Biden administration has come under criticism for civilian casualties, including during the withdrawal from Kabul in August.
After a bombing claimed by the Islamic State’s Afghanistan branch killed U.S. service members and Afghans at the gate to the city’s airport, the Pentagon responded with airstrikes against suspected Islamic State members.
Although U.S. officials defended the actions, it eventually became clear that a final drone strike as Americans completed their withdrawal from Afghanistan killed 10 civilians, including seven children, but no militants. The U.S. has not punished any American for what the Pentagon described as a tragic mistake.
Modern laws and rules of war broadly require militaries to distinguish between combatants and civilians and try to minimize the loss of civilian lives.
Rights advocates and legal experts have faulted successive Republican and Democratic U.S. administrations for their heavy reliance on airstrikes in the fight against the Islamic State, al-Qaeda and other insurgent groups in the Middle East, Afghanistan, Somalia and elsewhere. Opponents argue that attacks by air, while minimizing risk to American forces, increases the risks of civilians with the misfortune to be near a U.S. target.
Priyanka Motaparthy, who works on counterterrorism issues at Columbia University’s Human Rights Institute, was heartened that Biden emphasized efforts to limit civilian casualties in his remarks.
Given how details about previous strikes have trickled out over time, she said she’s “cautious about accepting the initial picture as the final one.” But the decision by U.S. forces to warn people in the building “definitely speaks to their work to prevent civilian casualties.”
“Their obligation is to take all feasible precautions,” Motaparthy said.
She said Biden should continue to be outspoken about the need for safeguards in military operations.
“As the commander in chief, he should not just be claiming successes, but he should also be leading reforms,” she said.
Senior administration officials, speaking on condition of anonymity to give details of the military operation, described what they depicted as painstaking efforts in the leadup to Thursday’s strike to reduce the risk to civilians. That included weeks of preparation, including rehearsals of the raid.
Al-Qurayshi lived in a house that also housed multiple families, going outside only to bathe on the roof occasionally, one official said. That meant any airstrike would have all but unavoidably killed women and children and other noncombatants as well.
Given another Islamic State leader’s last act in 2019 of blowing himself up with a suicide belt when confronted by U.S. commandoes, planners for Thursday’s raid made a point of analyzing whether al-Qurayshi’s house would collapse upon all the people inside if he did similar, as he did.
They decided the building would stand.
Luke Hartig, a former senior director for counterterrorism in President Barack Obama’s National Security Council, said ground raids aren’t always safer, given that civilians can be caught in the crossfire.
However, months of preparation, like what took place before Thursday’s raid, can help limit the danger.
“Traditionally when we’ve had time to properly plan operations, that’s when you see the greatest precision, the greatest care for civilian harm,” Hartig said.
___
Associated Press writer Lolita Baldor contributed to this report.
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https://www.krqe.com/news/politics/us-strike-framed-to-spare-civilians-after-mounting-criticism-2/
| 2022-02-04T22:49:04
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| 0.972865
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Investors are snapping up shares of Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the first time.
The stock jump came Thursday after Facebook parent Meta saw its worst one-day stock price decline in its history, showing that while internet and social media companies are sometimes lumped together by Wall Street, their fortunes often diverge.
Shares of Snap Inc. were up $14.30, or 58%, to $38.89 in after-hours trading. The stock, which tends to be volatile,lost nearly 24% in the regular trading session following Meta’s plunge.
“Snapchat is clearly not as prone to the ‘TikTok effect’ as Meta, with strong daily active user growth in all regions, including North America,” said Insider Intelligence analyst Jasmine Enberg. She referred to the decline in user growth at Facebook that is in large part due to competition from TikTok, the popular video sharing app.
Even so, Enberg added, much of Snap’s growth likely came from India, where TikTok is banned.
Snap, which is based in Santa Monica, California, said Thursday its fourth-quarter profit was $22.6 million, or 1 cent per share, compared to a loss of $69 million, or 8 cents per share, a year earlier. Analysts had been expecting it to report a loss of 9 cents a share in the latest quarter, according to FactSet.
Revenue grew 42% to $1.3 billion. Snap’s average daily user count also continued to increase, up 20% year-over-year to 319 million in the fourth quarter.
__
This story has been corrected to use the accurate pronoun of analyst Jasmine Endberg.
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https://www.krqe.com/news/technology/snap-stock-soars-58-after-posting-profit-for-1st-time/
| 2022-02-04T22:49:11
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| 0.96797
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BANGKOK (AP) — For more than two years, the isolation of the Pacific archipelago nation of Tonga helped keep COVID-19 at bay.
But last month’s volcanic eruption and tsunami brought outside deliveries of desperately needed fresh water and medicine — and the virus.
Now the country is in an open-ended lockdown, which residents hope will help contain the small outbreak and will not last too long.
“We have pretty limited resources, and our hospitals are pretty small,” Tongan business owner Paula Taumoepeau said Friday. “But I’m not sure any health system can cope. We are lucky we’ve had two years to get our vax rate pretty high, and we had a pretty immediate lockdown.”
Tonga is only one of several Pacific countries to experience their first outbreaksover the past month. All have limited health care resources, and there is concern that the remoteness that once protected them may now make helping them difficult.
“Clearly when you’ve got countries that have already got a very stretched, and fragile health system, when you have an emergency or a disaster and then you have the potential introduction of the virus, that’s going to make an already serious situation immeasurably worse,” said John Fleming, the Asia-Pacific head of health for the Red Cross.
Tonga was coated with ash following the Jan. 15 eruption of the massive undersea Hunga Tonga Hunga Ha’apai volcano, then hit with a tsunami that followed.
Only three people have been confirmed killed, but several small settlements in outlying islandswere wiped off the map and the volcanic ash tainted much of the drinking water.
The nation of 105,000 had reported only one case of COVID-19 since the beginning of the pandemic — a Church of Jesus Christ of Latter-day Saints missionary returning to the island from Africa via New Zealand who tested positive in October — and authorities debated whether to let international aid in.
They decided they had to, but despitestrict precautions unloading ships and planesfrom Australia, New Zealand, Japan, Britain and China, two Tongan men who worked at the capital’s Queen Salote Wharf handling shipments tested positive on Tuesday.
“Tonga is just out of luck this year,” said Samieula Fonua, the chairman of Tonga Cable Ltd., the state-own company that owns the sole fiber-optic cable connecting the nation to the rest of the world. “We desperately need some good news.”
The two were moved into isolation, but in tests of 36 possible contacts, one’s wife and two children also tested positive, while the others tested negative, the local Matangi Tonga news site reported.
It was not clear how many people might have come into contact with the dockworkers, but the government released a list of locations where the virus could have spread, including a church, several shops, a bank and a kindergarten.
Prime Minister Siaosi Sovaleni imposed an open-ended lockdown starting 6 p.m. on Wednesday. It could be particular arduous for Tongans because most have been without any internet connections since the volcanic eruption severed the fiber optic cable to the country.
One of the infected dock workers has since tested negative, but remains in quarantine, and 389 others have been cleared of COVID-19, Sovaleni told reporters in Tonga. But he said Friday that a primary contact to one of the people infected had tested positive, and ordered the lockdown extended another 48 hours.
The government has been primarily communicating with residents by radio addresses, and Fonua said his crews estimate they may have to replace an 87-kilometer (54 mile) section of undersea cable. They were hoping to restore service by next week.
It is not yet known what variant of the virus has reached Tonga, nor who brought it in. Officials have stressed that the aid deliveries were tightly controlled, and that it is not yet proven the virus came in that way.
Sailors aboard the Australian aid ship HMAS Adelaide reported nearly two dozen infections after an outbreak on board, but authorities said it had been unloaded at a different wharf. Crew members aboard aid flights from Japan and Australia also reported infections.
“The people are OK with the lockdown because they understand the reason why, so the corona doesn’t spread over our little country,” Tulutulu Kalaniuvalu, a 53-year-old former police official who runs a business, told The Associated Press. He added that most Tongans depend on crops they grow on plantations and hope the lockdown is short-lived.
Experience from elsewhere, especially with the prevalence of the rapidly spreading omicron variant, suggests that Tonga faces an uphill battle in trying to contain the outbreak, Indonesian epidemiologist Dicky Budiman told the AP.
Some 61% of Tongans are fully vaccinated, according to Our World in Data, but because the country has not yet seen any infections, there’s no natural immunity and it is not clear whether the shots were given long enough ago that they may now be less effective, Budiman said.
He recommended that the government immediately start offering booster shots and open vaccinations to younger children.
“If we race with this virus we will not win,” he said in an interview from Australia. “So we have to move forward by protecting the most vulnerable.”
The October case of the missionary with COVID-19 prompted a wave of vaccinations, and 1,000 people already showed up for a first dose after the current outbreak was detected, Kalaniuvalu said.
Solomon Islands reported its first community outbreak on Jan. 19. With only 11% of its population fully vaccinated, the virus has been spreading rapidly with the Red Cross reporting that less than two weeks later, there are now more than 780 recorded cases and five COVID-19 related deaths.
Elsewhere, Fiji — still reeling from damage caused by Cyclone Cody in early January — has been battling an ongoing spike in cases, fueled by omicron, and cases have been reported for the first time in Kiribati, Samoa and Palau.
Palau has nearly its entire population fully vaccinated, while Fiji has 68% and Samoa 62%, but Kiribati is only at 33%.
The key to ensuring hospitals aren’t overwhelmed is to make sure more people get shots, Budiman said.
“These countries that choose to have this COVID-free strategy, they are very vulnerable,” he said.
Kalaniuvalu said some people have questioned the decision to let the ships carrying aid in to Tonga, but most feel it was necessary to help through the aftermath of the volcano and tsunami, and that the islanders now just had to do their best to minimize the impact of the outbreak.
“To be honest with you, we were one of the luckiest countries in the world for almost three years, now it’s finally here in Tonga,” he said.
“We, the people of Tonga, knew sooner or later the coronavirus would come to Tonga because the corona is here to stay.”
___ Perry reported from Wellington, New Zealand.
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https://www.krqe.com/news/world/aid-reaching-disaster-hit-tonga-brings-first-virus-outbreak/
| 2022-02-04T22:49:18
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| 0.972687
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CARACAS, Venezuela (AP) — Turmoil in Peru’s government boiled this week as President Pedro Castillo overhauled his Cabinet for a third time in six months and then it quickly emerged his new prime minister has faced domestic violence claims, highlighting doubts about the political neophyte’s ability to lead a nation.
Castillo, a rural schoolteacher in a poor Andean district, was an underdog when he entered the race for the presidency last year and initially campaigned on promises to nationalize Peru’s crucial mining industry and rewrite the constitution to end the historical discrimination against Indigenous people and vulnerable populations. He softened his rhetoric when he advanced to a runoff and shocked everyone when he came out victorious.
Critics immediately warned about his nonexistent political experience. Just months into the job, which he assumed as the country suffered like few others from the coronavirus pandemic, some of his decisions have validated the criticism. But they have also highlighted Peru’s long-dysfunctional political system in which no party holds a majority and it is difficult to push through new programs or make changes.
Castillo on Tuesday appointed a new prime minister and replaced half of the 18-member Cabinet, including the ministers of finance and foreign relations. And as Peru grapples with a big oil spill from a refinery on its Pacific coast, the raised questions by naming a geography teacher and member of the president’s party as minister of the environment.
The changes came after the previous interior minister and prime minister resigned and accused Castillo of not acting swiftly against corruption, an endemic problem in Peru. They also complained that the 52-year-old leader listens to dubious advisers.
“Once in office, inexperience and bad advice do come into play,” said Cynthia Sanborn, political science professor at Peru’s Universidad del Pacifico and a fellow at the Washington-based Woodrow Wilson Center. “Not only was Castillo unprepared for national political office, he also did not have a political or social base to count on for support, nor was he able to bring in capable advisers and experts in the various sectors any president needs to govern.”
Sanborn said Peru was long overdue for social change when Castillo took office last July, but he and his party and allies on his left lacked the political and technical skills to deliver. As a result, she said, various groups are “surrounding the president and taking advantage of the situation to advance private and illicit interests.”
Every Peruvian president of the past 36 years has been ensnarled in corruption allegations, with some imprisoned. One killed himself before police could arrest him.
Finishing first among 18 presidential hopefuls in April’s election, Castillo advanced to a runoff ballot with less than 20% of the overall vote. He then defeated a member of the country’s political elite by just 44,000 votes, becoming Peru’s fifth president since 2016. He succeeded Francisco Sagasti, who was appointed by Congress in November 2020 as the South American nation cycled through three heads of state in one week.
A revolving door of Cabinet members has plagued previous administrations in Peru, but Castillo “is certainly hitting some records,” said Claudia Navas, an analyst with the global firm Control Risks.
Interior Minister Avelino Guillén resigned last week alleging Castillo had not supported him to make changes in the police so authorities could more efficiently fight corruption and organized crime. On Monday, Prime Minister Mirtha Vásquez quit, also saying that Castillo was not addressing corruption.
“What the government lacks is a direction, to define a direction,” Guillén said after resigning.
By Tuesday, Castillo was already reshuffling his Cabinet. He appointed fellow Peru Libre party member and teacher Wilber Supo the environment minister amid the country’s worst environmental disaster in recent years, from the coastal spill of nearly 500,000 gallons of oil in mid-January.
But a bigger problem may be selecting Héctor Valer as prime minister. Shortly after the announcement, it became public that authorities in 2017 granted a protection order to Valer’s wife, who alleged domestic violence, and that a year earlier his daughter reported him to police for allegedly hitting her.
Valer denied the accusations Thursday during an interview with a radio station. He invited psychologists to publicly analyze him, which he said would clear him. “I am not afraid,” he said. “I’m not a perpetrator, I’m not one that hits (others).”
Castillo has not commented on the situation.
Previous members of his Cabinet have also been accused of wrongdoing. So has his former private secretary, whose corruption investigation led the prosecutor’s office to find $20,000 in a bathroom of the presidential palace.
“Castillo is facing growing pressures from the unions and social organizations that supported him who want to have increased participation in his government,” said Navas, the Control Risks analyst. “Some of his Cabinet appointments reflect that pressure — also how he is seeking to strike a balance between responding to the demands of his constituents and improving relations with Congress.”
The analyst added that “this practice is not particularly unique to Castillo, but a reflection of the structural flaws of the political system regardless of who is in power.”
Peru’s 130-seat, unicameral Congress is deeply fragmented among 10 political parties and rarely can come to any consensus on passing legislation. Castillo’s party is the biggest faction, but it has only 37 seats, and opposition members lead key committee.
The divisions make it highly unlikely that Castillo will find sufficient support for passing yet-to-be defined proposals to implement his promise to create a Peru where there are “no more poor in a rich country.”
Analysts say the factionalism also might help keep Castillo in office.
“With local and regional elections coming up later this year, the parties will scramble to get ready and may not want to attempt to win national office at this point,” said Sanborn, the university professor. “A lot depends on how strong public outrage will be — if there are sustained protests — and, also, what position the media take.”
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https://www.krqe.com/news/world/turmoil-worries-peru-as-president-again-overhauls-cabinet/
| 2022-02-04T22:49:26
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| 0.978472
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BEIJING (AP) — The U.S., Britain and a handful of others aren’t sending dignitaries to the Beijing Winter Games as part of a diplomatic boycott, but the Chinese capital is still attracting an array of world leaders for Friday’s opening ceremony.
A look at who is attending, who is staying away and why:
___
ATTENDING
— RUSSIA: President Vladimir Putin is meeting Chinese counterpart Xi Jinping ahead of the opening ceremony, underscoring closer ties between Beijing and Moscow as they both face Western criticism and pressure.
— EGYPT AND SERBIA: Egypt’s President Abdel Fattah el-Sissi and Serbia’s Aleksandar Vucic have growing frictions with the West over their authoritarian policies and human rights records. Both leaders have gravitated toward China. Vucic called Xi his “brother” for supplying Serbia with respirators and vaccines.
— SAUDI ARABIA, QATAR, UAE: Beijing’s Gulf relations are above all about energy. China is Saudi Arabia’s largest buyer of oil and a major customer for Qatar’s natural gas. Saudi Crown Prince Mohammed bin Salman, the kingdom’s de facto leader, is appearing at the Winter Games as investors and some governments signal warming relations after the 2018 killing of journalist Jamal Khashoggi.
— CENTRAL ASIA: The leaders of all five former Soviet republics in Central Asia are heading to Beijing, highlighting the region’s increasingly close ties with China. Kyrgyzstan’s President Sadyr Zhaparov pushed last month for the revival of a long-delayed project to build a railroad from China through his country to Uzbekistan. China is Turkmenistan’s only reliable major buyer of natural gas.
— ARGENTINA AND ECUADOR: Argentina is set to become the first major Latin American country to join China’s Belt and Road Initiative. President Alberto Fernández is also expected to discuss China’s help building Argentina’s first nuclear power plant since 1981. President Guillermo Lasso is seeking to renegotiate Ecuador’s $4.6 billion debt with China.
— UNITED NATIONS: Secretary-General Antonio Guterres and WHO Director-General Tedros Adhanom Ghebreyesus will attend. The IOC is a close partner of the U.N., Guterres said, and the Olympics bring together people with a message of solidarity and peace. “This is … a message that, in my opinion, is more relevant than the political circumstances that exists in the countries where the Olympics take place,” he told The Associated Press.
___
NOT ATTENDING
— BOYCOTTS: The United States announced a diplomatic boycott while allowing its athletes to compete. Major U.S. allies followed including Britain, Australia and Canada, whose Prime Minister Justin Trudeau said: “We are extremely concerned by the repeated human rights violations by the Chinese government.” Kosovo and Lithuania, whose relations with China have nosedived over their ties with Taiwan, are also taking part in the boycott. India said it won’t send any officials following reports that a Chinese military commander who was involved in deadly clashes with Indian border forces in 2020 had been chosen as one of the Olympic torchbearers in Beijing.
— NON-BOYCOTTERS: The Norwegian and Swedish royals, who normally attend the Winter Olympics, aren’t going. Neither are any leaders from Germany, Austria or Switzerland, all big winter sports nations. Officially they’re citing the pandemic, rather than any diplomatic protest. Others such as Denmark, the Netherlands and New Zealand have cited COVID-19 restrictions while also expressing concern over China’s human rights situation.
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https://www.krqe.com/news/world/world-leaders-whos-coming-who-isnt-to-beijing-olympics/
| 2022-02-04T22:49:33
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| 0.940319
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Which predator call is best?
Hunting can be a dangerous business, and it can be made even more so when you are out looking for predators. They’re shy by nature, and your chances are slim to stumble upon one that doesn’t already know that you are there. So to track down or attract predators that might be unaware, you are going to need some help.
Most hunters can’t replicate the sound of any predator, which is why you’ll need a powerful device such as the FoxPro Inferno Predator Call. Let cougars, mountain lions or coyotes come to you, rather than you being stalked like prey.
What to know before you buy a predator call
Battery-operated and recharging
There are no wall sockets out in the field, so you won’t be able to use a predator call that requires one. Instead, Ipredator calls operate through rechargeable batteries. Consider their lifespan and how long they need to charge. If you are worried about running low, look for a calling device that can support charging through a USB power bank.
Know which sounds to use
Just as with humans, you don’t want to speak a language that won’t be understood. Before you buy a predator call, consider which species roam where you’ll be hunting. You will have no luck if you call a predator that isn’t native to the area, even though it might be on your bucket list. Also, consider the time of year, as many predator calls change during the seasons. It’s also worth considering whether you are hunting male or female predators, as the calls will be different, too. To increase your chances of remaining undetected, consider using a hunting blind.
Remote control or mobile phone compatible?
There are several designs available for predator calls, and each has advantages and disadvantages. The most common type uses a dedicated remote control that connects to the speaker system. Others use the power of mobile phones, playing the correct sounds on the speaker through a Bluetooth connection. You must consider which type of call will be best for you.
What to look for in a quality predator call
Wide range of predator and animal calls
Unlike elk or deer callers, a predator caller can be used to get the attention of a variety of animals, since a quality predator call can reproduce a host of sounds spanning a large list of carnivores. This will also give you better value, as predators aren’t as abundant as deer or turkey.
Portable and easy to store
The sounds of all the predators would be difficult to replicate with your mouth or a device into which you have to blow. The sound also needs to travel far and wide, so you need a speaker system. These can be bulky and cumbersome to carry around, but a quality predator call is small enough to easily carry with you. The portability reduces the weight of the equipment you need, and often these callers have a shoulder strap so you can pick them up and move at a moment’s notice.
Realistic, accurate sounds
A caller of any kind is useless if it doesn’t produce the correct sounds or makes unrealistic noises that will only scare off the predators. A quality predator call accurately recreates the sounds of many predators, and it’s a bonus if you can add your own calls by downloading special files.
How much you can expect to spend on a predator call
The average price of a predator call will depend on the device, the maker, and its functions. An easy-to-use device can retail for around $50-$70. More sophisticated systems that use Bluetooth connectivity can retail for $100-$200.
Predator call FAQ
Which file formats can you use with predator calls?
A. That will depend on the specific predator caller, but most use basic audio reproduction technology in the speakers. That means you will easily be able to upload and use the common MP3, .wav or ACC formats.
Which sounds will attract a predator?
A. That depends on the season, but generally, any sound of a small animal in distress piques a predator’s interest. If it is during the breeding season, sounds of female predators looking for a mate also do the trick.
What’s the best predator call to buy?
Top predator call
FoxPro Inferno Electronic Predator Call
What you need to know: From a trusted name in callers, it can store a huge selection of predator sounds.
What you’ll love: This powerful predator caller comes with 75 sounds installed and lets you add your own sounds, having enough storage space to hold 200 different sounds. It’s operated through remote control with backlit keys and has an auxiliary jack for connecting it to a FoxPro decoy animal.
What you should consider: It is rather heavy on battery power, as it requires seven AA batteries.
Where to buy: Sold by Amazon
Top predator call for the money
iHunt Ultimate Electronic Game Call
What you need to know: This compact predator call uses a mobile phone for sounds.
What you’ll love: If you want to go predator hunting with a high-tech option, this caller will be for you. The two-sided Bluetooth speaker pairs with your mobile phone and the iHunt app. Through the app, you select which call you want to play and at what volume. The app doesn’t just have predator calls but comes with the vocalizations of 59 species — with a total of 750 animal calls. The speaker is weather-resistant and has a loudness of 115 decibels.
What you should consider: Some users have indicated that not all the animal calls available are useful for hunting.
Where to buy: Sold by Amazon
Worth checking out
Icotec GEN2 GC300 Electronic Predator Call
What you need to know: This is a solid predator call with a backlit-button remote and long battery life.
What you’ll love: Made from rugged materials, this caller is able to play two sounds at once. It has little feet at the bottom so that it can stand in the dirt, and has a carry handle on the top. It’s operated through remote control and has a range of 300 yards. It features 12 professional quality predator calls and uses four AA batteries.
What you should consider: You can’t add your own calls to it.
Where to buy: Sold by Amazon
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Charlie Fripp 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.
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https://www.krqe.com/reviews/br/camping-outdoors-br/hunting-br/best-predator-call/
| 2022-02-04T22:49:41
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| 0.940591
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Which superfood powders for weight loss are best?
Superfoods have so many health benefits and are a necessary part of our daily routines. But taking time to ensure you eat superfoods that aid in weight loss can be tricky. That’s where superfood powders come into play. Superfood powders have a combination of multiple nutrient-dense plant foods, including fruits and vegetables, which you can stir into a beverage.
The Country Farms Organic Super Greens Powder is an excellent option if you want to get most of your vitamins and nutrients in one superfood pack. It offers plenty of fiber to keep you fuller longer and several antioxidants.
What to know before you buy a superfood powder for weight loss
Type of powder
There are two main superfood powders available: red superfood powders and green superfood powders. Red superfood powders are relatively new and less common. Red superfood powders may also improve your immune system performance, and contains several vitamins and minerals such as vitamin E, vitamin D, vitamin C, potassium and folic acid.
Green superfood powders tend to be more popular and include a combination of green plants, including seaweed, broccoli, parsley, kale and spinach. Choose this powder if you have difficulty getting enough vegetables in your daily diet.
Dietary restrictions
If you have food allergies, it’s important to check the nutrition label for any ingredients that you might react to. Some of the most common allergens in these powders include soybeans, mushrooms and wheat.
Maintaining nutrients without caloric intake
People tend to eat less if they want to lose weight, which may cause them to eat fewer nutrient-dense foods. While a caloric deficit is crucial for weight loss, it should not be in detriment to your body. Superfood powders allow you to eat a little less without forgoing important vitamins and nutrients that you might get from your daily diet. Consult your doctor before starting any weight loss program to ensure you’re doing it safely.
What to look for in a quality superfood powder for weight loss
Minerals and vitamins
Minerals and vitamins keep our bodies running at peak performance and improve our immune system. When you’re working out hard, it’s even more important to have healthy levels of minerals and vitamins in your system. Look for a superfood powder has a different makeup of minerals and vitamins, specifically those that focus on antioxidants.
Fiber
Fiber helps maintain healthy gastrointestinal function and keeps you feeling fuller for longer. Superfood powders include some fiber, but only 1-2 grams of fiber at the most per serving. While superfood powders can give you some fiber, you should also eat fiber-rich foods. This will help you avoid hunger pains between meals.
Probiotics and enzymes
Some of the top superfood powders include probiotics and enzymes. Enzymes help your body break down your food, while probiotics cultivate the good bacteria in your stomach. Both probiotics and enzymes help improve your immune system.
How much you can expect to spend on a superfood powder for weight loss
Superfood powders for weight loss range in price from about $10-$150, depending on the size of the container, the ingredients and the brand.
Superfood powder for weight loss FAQ
Does superfood powder help you lose weight?
A. It depends on your goals and your diet. If you’re eating a well-rounded diet with plenty of lean protein and healthy fats, eating highly nutritious superfoods in any form can absolutely help. However, if your diet consists of highly processed foods with low nutritional value, a superfood powder may not make much of a difference. Connect with a nutritionist if you want help creating a diet aimed for weight loss goals.
Should I get a red superfood powder or a green superfood powder?
A. Red superfood powders are better for you if you’re looking for more antioxidants, but green superfood powders are a better option if you want to make up for not eating enough vegetables.
If you want both benefits, find a red and green powder or a rainbow superfood powder. These powders are not as common, but they will give you the advantages of both green and red superfood powders.
What’s the best superfood powder for weight loss to buy?
Top superfood powder for weight loss
Country Farms Organic Super Greens Powder
What you need to know: This superfood powder has all kinds of nutrient-rich ingredients, including fruits, vegetables, mushrooms and probiotics.
What you’ll love: This organic superfood product blends well into traditional beverages with a great taste and features a healthy mix of more than 50 superfood concentrates, including vegetables, berries, beets and wheatgrass.
What you should consider: This superfood powder turns into a pasty slime if you leave sitting in water for too long, so make sure to drink it quickly.
Where to buy: Sold by iHerb
Top superfood powder for weight loss for the money
Evlution Nutrition Stacked Greens Raw Superfood
What you need to know: This balanced product comes with greens and natural flavors for a nutrient-packed and delicious drink.
What you’ll love: This powder features a delicious cinnamon and apple flavor, targets your immune and digestive health and comes with potassium, sodium, protein, fiber and iron at a reasonable price. The product is also packed with micro-nutrients.
What you should consider: The minerals in this product only make up a small percentage of your daily recommended value.
Where to buy: Sold by iHerb
Worth checking out
Purely Inspired Organic Greens Superfood Powder
What you need to know: This healthy mix of 18 minerals and vitamins is an excellent choice for supercharging your diet.
What you’ll love: This powder comes with no artificial colors or sweeteners and a mix of fruits, grains, sprouts and vegetables. The product is great for healthy beverages and desserts and offers multiple recommended nutrients and vitamins in one pack.
What you should consider: Some of the flavors in this product stand out in its aftertaste.
Where to buy: Sold by iHerb
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Alex Kilpatrick 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.
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https://www.krqe.com/reviews/br/health-wellness-br/supplements-br/best-superfood-powder-for-weight-loss/
| 2022-02-04T22:49:48
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| 0.937694
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Whether you’ve already bought yourself a fancy espresso machine or you’re still in the market for one, making the perfect espresso isn’t just about equipment. The beans you use, preparation and method are all just as important.
Learning how to make the perfect espresso is a journey, so be prepared to make tweaks along the way until you’ve perfected your craft.
Choose the right espresso machine
While it isn’t the only factor, you can’t make good espresso without a decent espresso machine. Unfortunately, cheap machines just won’t cut it, so expect to pay at least $300-$500, though top-of-the-line models can cost thousands of dollars. Your chosen machine should have at least nine bars of pressure. More importantly, it should deliver consistency in pressure, extraction volume and water temperature to give you consistent results every time.
Start with quality coffee beans
Use high-quality medium or dark roast whole beans. These should be specialty beans roasted in small batches rather than grocery store brands. Single-origin beans, where all the beans in a batch are grown in the same region, are good, but single estate beans, where all beans are grown on the same farm, are even better.
Grind your beans correctly
You must grind beans to a fine consistency to make espresso. Use a manual or electric burr grinder for the most consistent results. Most will have an espresso setting.
Clean your portafilter
Make sure your portafilter (the basket you put your ground beans in) is completely clean before you use it. Oils and remnants from previous uses make your espresso tasteless than perfect.
Learn about ratios
If you’re serious about making espresso, you need to learn a little about the optimum ratio of coffee to water. All experts seem to have opinions on these ratios, but a 1:2 ratio is a good place to start, and you can experiment from there. Using a 1:2 ratio, you’ll need 15 grams of ground coffee for a 30-gram espresso shot.
Weigh your coffee and water
To perfect those ratios, you’ll need a sensitive digital kitchen scale. Assuming a standard 1:2 ratio, weigh 15 grams of ground coffee into your portafilter. When you’re ready to brew, place your espresso cup on your scales beneath your espresso machine, reset the scales so that they read zero with the cup in place and pull your espresso into the waiting cup. Once the scales read 30 grams, stop the flow of water.
Evenly distribute and tamp
It’s important to evenly distribute your coffee in the portafilter and tamp it evenly. You don’t need to use a lot of pressure, just enough to compact the coffee.
Keep an eye on extraction time
An ideal extraction time is around 25 to 30 seconds. If it takes you significantly more or less time to pull a shot of espresso to the desired weight, you might need to adjust the grind size or look at your machine’s settings.
What you need to make perfect espresso
Gaggia Classic Pro Espresso Machine
Great for anyone who wants a quality espresso machine that doesn’t run into the thousands. It’s simple and doesn’t have a wide range of settings, but it makes fantastic espresso.
Sold by Amazon
With their medium roast, these single estate beans are ideal for making espresso. They aren’t cheap, but they’ll help you on your way to pouring that perfect shot.
Sold by Amazon
Bodum Bistro Burr Coffee Grinder
This quality burr coffee grinder gives even results to improve your espresso. It has a range of grind size settings that come into play when making other styles of coffee.
Sold by Amazon
LuxHaus Calibrated Pressure Tamper
If you aren’t confident about tamping, this calibrated tamper helps you deliver the exact amount of pressure every time.
Sold by Amazon
KitchenTour Coffee Scale with Timer
Anyone serious about making quality espresso needs a scale to weigh the ground beans and the brewed coffee. This one is precise enough for the low weights you’ll need.
Sold by Amazon
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Lauren Corona 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.
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https://www.krqe.com/reviews/br/kitchen-br/coffee-accessories-br/espressos-popularity-is-booming-now-is-a-great-time-to-learn-how-to-make-the-perfect-cup/
| 2022-02-04T22:49:55
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| 0.923877
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FORT WORTH, Texas (AP) — Five major league pitchers are on the government’s witness list for the trial of a former Los Angeles Angels employee accused of providing Angels pitcher Tyler Skaggs with the drugs that caused his overdose death.
Boston’s Garrett Richards, who spent his first eight big league seasons with the Angels, would testify that Eric Prescott Kay once asked him for unused oxycodone pills, according to filing by federal prosecutors posted Thursday.
Kay’s trial is scheduled to start Tuesday in Fort Worth after several postponements. He faces charges of drug distribution and drug conspiracy in Skaggs’ death. The charges carry a maximum of a life sentence and 20 years in prison, respectively.
Attorneys for both sides didn’t immediately return messages seeking comment. Kay has been free on his own recognizance.
Andrew Heaney of the New York Yankees, one of Skaggs’ closest friends when they were teammates, is on the witness list along with three other former Angels in Cam Bedrosian, Matt Harvey and Blake Parker.
All five pitchers on the list were with the Angels at some point during the 2017-19 seasons, when prosecutors allege Kay obtained oxycodone pills and distributed them to Skaggs and other players.
Bedrosian, Harvey and Parker are among those who would testify that Kay distributed drugs to Skaggs and other players, according to the government’s filing.
Skaggs, 27, was found dead in his suburban Dallas hotel room on July 1, 2019, before the start of what was supposed to be a four-game series against the Texas Rangers. The first game was postponed.
A coroner’s report said Skaggs had choked to death on his vomit with a toxic mix of alcohol and the drugs fentanyl and oxycodone in his system, which Kay is accused of providing.
The government’s filing said Heaney would testify about his attempts to reach Skaggs the day he was found dead and interactions between Kay and Skaggs.
Heaney and Bedrosian, who pitched for Cincinnati, Oakland and Philadelphia last year, were with the Angels all three of the seasons covering the allegations against Kay. Richards left for San Diego in free agency before the third season, 2019.
Harvey’s only year with the Angels was 2019. Blake Parker pitched for Los Angeles in 2017-18.
Kay was the Angels’ director of communications, and he served as their public relations contact on many road trips. He was placed on leave shortly after Skaggs’ death, and never returned to the team.
According to court filings, Kay spent about a month in drug rehab over oxycodone use starting in April 2019, a little more than two months before Skaggs died. Kay was on that trip to Texas.
Team officials have said they had not been aware that Skaggs was an opioids user and didn’t know any employees were providing drugs to players.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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https://www.krqe.com/sports/5-mlb-pitchers-on-witness-list-for-trial-over-skaggs-death/
| 2022-02-04T22:50:09
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en
| 0.984947
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2 charged in fatal shooting at suburban Minneapolis school
RICHFIELD, Minn. (AP) — Two men have been charged in a shooting at a suburban Minneapolis school that left one student dead and another critically injured.
The Hennepin County Attorney’s Office said Friday 19-year-old Alfredo Rosario Solis and 18-year-old Fernando Valdez-Alvarez, both of Minneapolis, each face one count of intentional second-degree murder for the death of 15-year-old Jahmari Rice, who was found outside the South Education Center in Richfield Tuesday.
A 17-year-old student also was found wounded in the school’s main entrance.
Solis and Valdez-Alvarez, who are both students at South, are also charged with two counts of attempted intentional second-degree murder.
It was not immediately clear if either defendant has an attorney, but they were expected in court Friday afternoon.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.ktre.com/2022/02/04/2-charged-fatal-shooting-suburban-minneapolis-school/
| 2022-02-04T22:50:10
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en
| 0.975084
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FORT MYERS, Fla. (AP) — Marina Alex closed with a birdie on the par-5 18th for a 7-under 65 and a share of the first-round lead with Nasa Hataoka on Thursday in the windy LPGA Drive On Championship at Crown Colony.
Alex birdied all four par-5 holes and had five birdies in a row on Nos. 9-13 in her bogey-free morning round. The 31-year-old American won the 2018 Portland Classic for her lone LPGA Tour title.
“I really putted nicely today,” Alex said. “The first couple holes were kind of tough just getting used to the wind and figuring out how far everything was playing.”
Hataoka, also playing in the morning wave, finished with a birdie on the par-5 ninth. The 23-year-old Japanese player, ranked No. 9 in the world, won twice last year and has five career LPGA Tour victories.
“I was focused on my putting routine today and that really helped me putt really well,” Hataoka said.
Patty Tavatanakit of Thailand was a stroke back in the 54-hole event with Leona Maguire of Ireland, Linnea Johansson of Sweden and 19-year-old South Korean rookie Yaeeun Hong. Tavatanakit won the major ANA Inspiration last year for her lone LPGA Tour title.
“Today was a little bit different wind than compared to the practice rounds,” Johansson said. “It’s a beautiful golf course. It firms up for sure. It’s bouncing quite a bit out there and the greens are pretty firm. You need to find your areas off the tee and try to bounce it up there really, sometimes.”
Charley Hull was at 67 with Bronte Law, Madelene Sagstrom, Jeongeun Lee6 and Caroline Masson. Stacy Lewis opened with a 68, and Lexi Thompson shot 69.
Defending champion Austin Ernst and fourth-ranked Inbee Park were at 70. Ernst won last year at Golden Ocala in a 72-hole event.
Brooke Henderson had a 71. The Canadian star lives about 15 minutes south of the course.
Second-ranked Nelly Korda shot a 72, offsetting four birdies with four bogeys. Playing for the third straight week, she plans to take a long break after the tournament.
Older sister Jessica Korda withdrew after six holes because of a rib-area injury.
“I’ve suffered a sprain in my ribs with intercostal muscle strain,” Korda tweeted. “I tried playing through it, however, my pain was getting worse and I just could not swing anymore.”
U..S. Women’s Open champion Yuka Saso, sixth and third the last two weeks to open the season, shot a 77. She had a quadruple-bogey 8 on No. 16.
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https://www.krqe.com/sports/alex-hataoka-share-lead-in-windy-lpga-drive-on-championship/
| 2022-02-04T22:50:16
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en
| 0.971869
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Florida seniors say their political party affiliation was switched without their knowledge
MIAMI (Gray News) – Some senior citizens in Florida said they were duped into changing their political party affiliation to Republican.
All of the victims were older than 65 and live in Miami-Dade County.
A visit to the Miami-Dade County Elections Department shows that information on every registered voter in the county can be obtained for $20.
That’s how an official third-party voter registration organization – of which there are hundreds in Florida – can target voters like Armando Selva.
“They came to my door and they asked if I was interesting in voting,” said Selva, who was originally registered as No Party Affiliate (NPA).
Decades-long Democrats were shocked to learn that after voter registration visitors came by in November – whom the voters described as having red Republican Party of Florida hats and IDs – they received new voter ID cards showing their parties had switched.
“They changed me to the Republican Party,” said Juan Carlos Salazar, a longtime Democrat.
In the last year, records from the Miami-Dade County Elections Department show almost 5,500 Miami-Dade Democrats switched to Republican, and just under 1,700 Republicans switched to Democrat.
While the Republican Party of Florida has not responded to the recent allegations, in December the executive director of the party, Helen Aguirre Ferré, said the party follows laws and regulations and doesn’t make changes to voters’ registration without their permission.
The third-party voter registration organizations that assist with registration forms are legal, and all of them are registered with the state of Florida.
Copyright 2022 Gray Media Group, Inc. WPLG via CNN Newsource contributed to this report. All rights reserved.
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https://www.ktre.com/2022/02/04/florida-seniors-say-their-political-party-affiliation-was-switched-without-their-knowledge/
| 2022-02-04T22:50:17
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| 0.974541
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JACKSONVILLE, Fla. (AP) — The Jacksonville Jaguars hired Doug Pederson as their head coach Thursday night, ending a wild and winding search that ended up where it started more than a month ago.
Pederson, who led Philadelphia to its lone Super Bowl title, was Jacksonville’s first candidate interviewed when he met with owner Shad Khan and general manager Trent Baalke on Dec. 30. He waited more than month for a callback. He got a second interview Tuesday and landed the job two days later.
“Doug Pederson four years ago won a Super Bowl as head coach of a franchise in pursuit of its first world championship,” Khan said in a statement. “I hope Doug can replicate that magic here in Jacksonville, but what is certain is his proven leadership and experience as a winning head coach in the National Football League.
“It’s exactly what our players deserve. Nothing less.”
The 54-year-old Pederson takes over for Urban Meyer, who was fired after 13 games and countless missteps in what will go down as one of the worst coaching tenures in NFL history. He joins Baalke in a pairing that’s sure to irk a vocal segment of the fan base.
Baalke remaining in his GM role caused some candidates to hesitate about the job and several former players to openly question Khan’s search. Running back Fred Taylor, receiver Jimmy Smith, safety Donovin Darius, guard Uche Nwaneri and kicker Josh Scobee expressed concern with the direction of the franchise.
Pederson ultimately got the nod over former NFL coaches Jim Caldwell and Bill O’Brien, current/former coordinators Byron Leftwich, Nathaniel Hackett, Matt Eberflus, Todd Bowles, Kellen Moore, and Jaguars offensive coordinator/interim head coach Darrell Bevell. Dallas defensive coordinator Dan Quinn declined an interview request, presumably because he preferred not to work with Baalke.
Discussions with Leftwich broke down for similar reasons, according to a person familiar with the process. The person spoke to The Associated Press on condition of anonymity because both sides wanted to keep details private.
Former Las Vegas interim coach Rich Bisaccia and fired Denver coach Vic Fangio also interviewed and could end up being hired as coordinators.
Pederson led the Eagles to their first Super Bowl following the 2017 season and made the playoffs three times in five seasons. The Eagles went 4-11-1 in his final year.
Pederson was 51-34-1 in Philly, including 4-2 in the postseason. Before that, he served three seasons (2013-15) as Kansas City’s offensive coordinator and made the playoffs twice.
In Jacksonville, he’ll be tasked with ending the team’s woeful ways and getting the most out of quarterback Trevor Lawrence.
The Jags have dropped 35 of their last 41 games and have a league-high 10 losing seasons in the last 11 years. Lawrence, the No. 1 overall draft pick, finished his rookie campaign with 12 touchdown passes, a league-leading 17 interceptions, five fumbles and a passer rating (71.9) that was second-worst in the NFL ahead of only Zach Wilson of the New York Jets.
Jacksonville ranked last in the league in scoring (14.9 points a game) and 27th in yards (305.4 a game). The defense was slightly better, ranking 28th in points allowed (26.9) and 20th in yards (353.1).
Pederson seemed like one of the safest picks from the start of Jacksonville’s search, especially after Meyer’s yearlong mess, but Khan and Baalke appeared to be leaning toward younger offensive candidates to pair with Lawrence.
Leftwich and Hackett were considered the favorites. Leftwich landed a second interview last week, a face-to-face sit-down in Tampa. The sides continued talking the following day, but apparently hit a snag, presumably over Baalke’s role.
The Jaguars then scheduled a second interview with Hackett, but he took the Denver job before that could happen.
Jacksonville then rebooted its search and doubled back to Pederson. He was out of coaching this season after Philadelphia fired him on Jan. 11, 2021. The Eagles ranked 26th in scoring (20.9 points a game) and 28th in passing (207.9 yards a game) in his final season.
Pederson inherits a roster that lacks talent, but he does have the No. 1 pick in April’s draft and should have around $70 million in salary cap space.
Finding harmony with Baalke will be key. Baalke’s last five NFL seasons ended with a coaching change.
His resume includes failed tenures with Urban Meyer (2021), Doug Marrone (2020), Chip Kelly (2016), Jim Tomsula (2015) and Jim Harbaugh (2014).
The 57-year-old Baalke remained in place after Khan fired Meyer in mid-December, a move that irked fans enough for them to organize a “clown out” protest for the season finale against Indianapolis. A few hundred fans showed up dressed in colorful wigs, oversized bowties and red noses.
Khan remained committed to Baalke after the “clown out” and again after several candidates expressed reservations about working with him.
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More AP NFL coverage: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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https://www.krqe.com/sports/ap-source-jaguars-hiring-doug-pederson-as-next-head-coach/
| 2022-02-04T22:50:24
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en
| 0.967715
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New York City school lunch menu going vegan on Fridays
NEW YORK (AP) — Forget mystery meat or cheese pizza. Instead, chickpea wraps and veggie tacos will be on the menu for New York City public school students as the nation’s largest school district shifts to “Vegan Fridays” in school cafeterias.
The move was pushed by the city’s new mayor, Eric Adams, who follows and promotes a plant-based diet that he credits for improving his health.
Vegan options are already available in all schools every day, but starting Friday and continuing weekly, the lunch offering will be vegan.
Students can still request a non-vegan option, according to the city’s Department of Education, and milk, peanut butter and jelly sandwiches, hummus and pretzels will always be available to students.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.ktre.com/2022/02/04/new-york-city-school-lunch-menu-going-vegan-fridays/
| 2022-02-04T22:50:25
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en
| 0.933584
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Police: Infant dies after being found unresponsive at gas station near Georgia interstate; parents charged
WARNER ROBINS, Ga. (Gray News) - Police in Georgia have arrested a couple accused of killing their 9-month-old child.
The Warner Robins Police Department said in a Facebook post that officers responded to a Buc-ee’s convenience store near Interstate 75 on Sunday after receiving a report that a child was not breathing.
The infant was transported to a nearby hospital and later airlifted to Atlanta to be treated, but the child died Friday.
Investigators determined there were injuries on the child that were signs of present and past abuse.
Police charged 40-year-old Christopher Palmer of New York and 26-year-old Shelly Rooks of Georgia with felony murder, aggravated battery and cruelty to children.
Rooks claimed that the child was injured after being dropped while getting a bath, police said.
The two are being held in the Peach County Detention Center.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.ktre.com/2022/02/04/police-infant-dies-after-being-found-unresponsive-gas-station-near-georgia-interstate-parents-charged/
| 2022-02-04T22:50:32
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en
| 0.982172
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ZHANGJIAKOU, China (AP) — One analogy often used to describe how it feels to compete in a biathlon race goes like this: “Run up 20 flights of stairs as fast as you can and then try to thread a needle.”
Biathlon is the marriage of “two totally unrelated things,” says U.S. biathlete Jake Brown of Saint Paul, Minnesota. “One is totally physical, and the other is part physical but mostly mental. Having to combine that mental exertion on the range when you’re under physical duress from skiing is really the difficulty of our sport.”
Here’s a glimpse into what it is, what makes it tick and how it unfolds.
GREAT FOR SPECTATORS
A biathlete skis several kilometers and arrives at the shooting range with a heart rate as high as 180 beats per minute. Next they shoot at five targets within 25 to 35 seconds.
“Shooting with a high heart rate is really difficult,” says Armin Auchentaller of Antholz, Italy who coaches the U.S. women’s biathlon team.
They’re penalized for each missed target. It usually involves skiing a 150-meter loop but in one race format, the individual, one minute gets added to their time for each mistake. It can mean the difference between a podium finish and 20th place.
Lowell Bailey, a retired four-time U.S. Olympic biathlete and the team’s high-performance coach, says the combination of fast skiing and high-pressure shooting makes biathlon an “exceptionally good spectator sport.”
Most people know the drama that can build during a cross-country ski race, “but with biathlon you kind of double or triple that drama, because you add in the addition of shooting.”
As the race develops, the lead can shift depending on how the racers are shooting that day.
“It can really come down to that last shooting stage,” he says. “And it can put people on the edge of their seats as spectators, where they’re really hanging on every shot in that last stage. And oftentimes, you know, you’ll have a lead switch there and then the final loop is this dog race to the finish.”
SKIS AND RIFLE
Biathletes use the skate method of cross-country skiing to travel around trails that run between 1.5 kilometers and 3.5 kilometers (0.9 to 2.2 miles), depending on race format.
They carry a .22 caliber biathlon rifle that weighs between 3.5 and 7.5 kilograms (7.7 to 16.5 pounds) unloaded. Special slots built into the rifle stock allow them to carry two to four magazines that hold five bullets each.
The rifle has a sight on the end of the barrel and another just above the bolt; they allow the athlete to line up the rifle for aiming. The sights don’t contain any magnification.
Biathletes have a 45-minute period before every race to “zero” their rifle — align their sights — to ensure they’re set for the weather of the day. During this process, coaches watch through a spotting scope as they shoot five bullets into one paper target. If their group of shots hit on the left, and the wind is from the left, they’ll adjust their sights to the right to account for the wind.
Coaches watch through scopes during the race, too, to see if racers need to make additional adjustments. They can radio shooting information to team support out on the course who will racers know what’s needed. Coaches are not allowed to speak to athletes on the range during races.
Biathletes carry the rifle on their backs with a harness that attaches to the rifle stock, allowing them to quickly swing into the shooting position, which alternates between prone and standing.
The rifle also has a strap with an elastic cord and hook that clips into a D-ring on a band that the biathlete wears around their upper arm. This allows them to create a tripod with their elbows and body while in the prone position.
Since prone is the more stable, the targets are small – about the size of a golf ball. Standing shooting targets are bigger – the size of a DVD. The shooting distance is 50 meters (54.7 yards).
THE PROCESS
Each biathlon race begins with a ski loop. The distance depends on the race format. The first shooting bout is in the prone position.
As biathletes enter the range, they slow their pace to get their heart rate down. They arrive at a mat, drop to their knees and swing the rifle to the side of their body to insert a loaded magazine, hook into the sling, drop to their stomachs and line up the sights.
In this position, breathing makes the rifle barrel go up and down, so the athlete will center the rifle, take a breath or two and then hold it as the target slides into the center of the sight. A gentle squeeze on the trigger releases the shot. They use their thumb and index finger to move the bolt action that loads the next bullet.
They repeat this process on all five targets and put the rifle back on their backs. If they hit all five, they can head out on the next ski lap, but if they missed targets, they must ski the 150-meter (164 yard) penalty loop for each miss.
After skiing the lap, they’ll come back in for another shooting.
RACE FORMATS
In sprint races, biathletes start at 30-second intervals, ski three lap laps with one prone and one standing shooting in between. It’s a race against the clock and the shortest biathlon race format.
Sprint races are often followed by the pursuit where biathletes start based on where they finished in the sprint, with the fastest going first. The pursuit has five skiing loops and four shooting bouts, two prone and two standing.
A mass start race has a similar format but everyone starts at the same time. Only the top 30 biathletes on the World Cup rankings start this race.
The individual race has interval starts with four shooting bouts and five ski loops. But instead of skiing a penalty loop for each miss, a minute is added for each missed shot.
Teams of four men and four women race relays. Each biathlete skis three loops with one prone and one standing shooting bout. The racers are allowed to use three extra bullets for each shooting bout during relay races.
___
AP journalist Martha Bellisle won three Masters Nationals medals in cross-country skiing before switching to biathlon, where she has won four Masters World Championship gold medals and six U.S. Masters National Championship titles. Follow her on Twitter at http://twitter.com/marthabellisle
___
More AP Winter Olympics: https://apnews.com/hub/winter-olympics and https://twitter.com/AP_Sports
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https://www.krqe.com/sports/explainer-biathlon-combines-physical-demands-mental-calm/
| 2022-02-04T22:50:31
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| 0.958997
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Today's best mortgage rate deal? 20-year rates hold steady for 6th day | Feb. 4, 2022
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as "Credible" below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders, all opinions are our own.
Check out the mortgage rates for Feb. 4, 2022, which are trending up from yesterday. (iStock)
Based on data compiled by Credible, mortgage rates held steady for a 20-year repayment term and rose for all others since yesterday.
- 30-year fixed mortgage rates: 3.750%, up from 3.625%, +0.125
- 20-year fixed mortgage rates: 3.250%, unchanged
- 15-year fixed mortgage rates: 2.875%, up from 2.750%, +0.125
- 10-year fixed mortgage rates: 2.875%, up from 2.625%, +0.250
Rates last updated on Feb. 4, 2022. These rates are based on the assumptions shown here. Actual rates may vary.
What this means: Locking in a 20-year mortgage rate today could allow buyers to secure a relatively low rate and ensure a manageable monthly mortgage payment. Despite a fairly calm week for mortgage rates, three key rates rose today, including 30-year rates, which are the most popular. Further increases are likely on the way, so buyers may want to consider locking in a rate today.
These rates are based on the assumptions shown here. Actual rates may vary.
To find the best mortgage rate, start by using Credible, which can show you current mortgage and refinance rates:
Browse rates from multiple lenders so you can make an informed decision about your home loan.
Credible, a personal finance marketplace, has 4,500 Trustpilot reviews with an average star rating of 4.7 (out of a possible 5.0).
Looking at today’s mortgage refinance rates
After a week of relative stability mortgage refinance rates rose today across all repayment terms. Still, current rates are well below pre-pandemic mortgage rates. Homeowners with older mortgages stand to gain the most by locking in a refinance rate today, ahead of further increases that experts predict are on the horizon. If you’re considering refinancing an existing home, check out what refinance rates look like:
- 30-year fixed-rate refinance: 3.750%, up from 3.625%, +0.125
- 20-year fixed-rate refinance: 3.375%, up from 3.250%, +0.125
- 15-year fixed-rate refinance: 2.875%, up from 2.750%, +0.125
- 10-year fixed-rate refinance: 2.875%, up from 2.625%, +0.250
Rates last updated on Feb. 4, 2022. These rates are based on the assumptions shown here. Actual rates may vary.
A site like Credible can be a big help when you’re ready to compare mortgage refinance loans. Credible lets you see prequalified rates for conventional mortgages from multiple lenders all within a few minutes. Visit Credible today to get started.
Credible has earned a 4.7-star rating (out of a possible 5.0) on Trustpilot and more than 4,500 reviews from customers who have safely compared prequalified rates.
Factors that influence mortgage rates (and are out of your control)
Many factors influence the interest rate a lender may offer you. Some — such as your credit score — are in your control. But others you have no ability to affect, such as:
- The economy — During financial downturns, the Fed may lower interest rates to try to stimulate the economy. And when the economy is doing well, interest rates can rise.
- Inflation — Interest rates tend to move with inflation. When the overall cost of goods and services increases, interest rates are also likely to rise.
- The Federal Reserve — The Fed may choose to lower interest rates to stimulate a struggling economy, or raise rates in an attempt to put the brakes on inflation.
- Macro employment trends — When many people are out of work, as they were during the months of pandemic lockdown, mortgage rates may fall. As employment increases, interest rates typically also increase.
Current mortgage rates
The average mortgage rate across all repayment terms rose to 3.188% today, the highest it’s been since Jan. 31.
Current 30-year mortgage rates
The current interest rate for a 30-year fixed-rate mortgage is 3.750%. This is up from yesterday. Thirty years is the most common repayment term for mortgages because 30-year mortgages typically give you a lower monthly payment. But they also typically come with higher interest rates, meaning you’ll ultimately pay more in interest over the life of the loan.
Current 20-year mortgage rates
The current interest rate for a 20-year fixed-rate mortgage is 3.250%. This is the same as yesterday. Shortening your repayment term by just 10 years can mean you’ll get a lower interest rate — and pay less in total interest over the life of the loan.
Current 15-year mortgage rates
The current interest rate for a 15-year fixed-rate mortgage is 2.875%. This is up from yesterday. Fifteen-year mortgages are the second most-common mortgage term. A 15-year mortgage may help you get a lower rate than a 30-year term — and pay less interest over the life of the loan — while keeping monthly payments manageable.
Current 10-year mortgage rates
The current interest rate for a 10-year fixed-rate mortgage is 2.875%. This is up from yesterday. Although less common than 30-year and 15-year mortgages, a 10-year fixed rate mortgage typically gives you lower interest rates and lifetime interest costs, but a higher monthly mortgage payment.
You can explore your mortgage options in minutes by visiting Credible to compare current rates from various lenders who offer mortgage refinancing as well as home loans. Check out Credible and get prequalified today, and take a look at today’s refinance rates through the link below.
Thousands of Trustpilot reviewers rate Credible "excellent."
Rates last updated on Feb. 4, 2022. These rates are based on the assumptions shown here. Actual rates may vary.
How Credible mortgage rates are calculated
Changing economic conditions, central bank policy decisions, investor sentiment, and other factors influence the movement of mortgage rates. Credible average mortgage rates and mortgage refinance rates are calculated based on information provided by partner lenders who pay compensation to Credible.
The rates assume a borrower has a 740 credit score and is borrowing a conventional loan for a single-family home that will be their primary residence. The rates also assume no (or very low) discount points and a down payment of 20%.
Credible mortgage rates will only give you an idea of current average rates. The rate you receive can vary based on a number of factors.
How mortgage rates have changed
Today, mortgage rates are mostly the same as this time last week.
- 30-year fixed mortgage rates: 3.750%, up from 3.625% last week, +0.125
- 20-year fixed mortgage rates: 3.250%, the same as last week
- 15-year fixed mortgage rates: 2.875%, the same as last week
- 10-year fixed mortgage rates: 2.875%, the same as last week
Rates last updated on Feb. 4, 2022. These rates are based on the assumptions shown here. Actual rates may vary.
If you’re trying to find the right rate for your home mortgage or looking to refinance an existing home, consider using Credible. You can use Credible's free online tool to easily compare multiple lenders and see prequalified rates in just a few minutes.
With more than 4,500 reviews, Credible maintains an "excellent" Trustpilot score.
Comparing home loan types
Home ownership is a key component of the American Dream for many people. And between the federal government and private lenders, multiple types of home loans are available to help as many people as possible achieve the dream of owning a home.
With so many options, it can be difficult to know which type of home loan may be best for your needs. Here are some comparisons to help you understand the difference between loan types.
Government-backed vs. conventional loans
Government-backed loans are either issued or insured by the federal government. These include FHA loans, VA loans, and USDA loans. Conventional loans are not issued or insured by the government.
Because the risk to private lenders is lower with government-backed loans, these loans can be easier to get, but have higher interest rates. With conventional loans, the lender assumes all the risk if a borrower defaults, so they can be more difficult to get. But if you have the credit score and income to qualify for a conventional loan, you may find you’re able to get a better interest rate.
Fixed-rate vs. adjustable-rate mortgage
With a fixed-rate mortgage, your interest rate will remain the same for the life of your loan. At the beginning of your loan, you’ll know exactly how much total interest you’ll pay. But the rate can — and usually does — change with an adjustable-rate mortgage, or ARM. This means the total interest cost of the loan will also change.
ARMs tend to have introductory interest rates that are lower than fixed rates. But when the introductory period ends, the rate can move based on market factors.
Fixed-rate loans can be good for people who know they’ll be in their homes long term. ARMs may be a good option for people who don’t expect to stay in a home long, or who are confident they’ll be able to refinance into a fixed-rate loan when the introductory rate ends.
30-year vs. other terms
The repayment term is the number of years over which you’ll pay back your mortgage. Common terms for fixed-rate mortgages are 30 (the most common), 20, 15, and 10 years.
Generally, the longer your repayment period, the higher your interest rate and total interest costs will be, but you’ll have a lower monthly payment. With shorter terms, you’ll usually get a lower interest rate and total interest costs, but a higher monthly payment.
Conforming vs. jumbo loans
Conforming loans are for amounts that fall below Fannie Mae and Freddie Mac’s established limits. Jumbo loans exceed that limit, which is $548,250 for a single-family home in 2021.
Jumbo loans are generally more difficult to get and come with higher interest rates. But if your dream house is $600,000, you’ll likely need a jumbo loan.
Looking to lower your home insurance rate?
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As a Credible authority on mortgages and personal finance, Chris Jennings has covered topics that include mortgage loans, mortgage refinancing, and more. He’s been an editor and editorial assistant in the online personal finance space for four years. His work has been featured by MSN, AOL, Yahoo Finance, and more.
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https://www.fox35orlando.com/money/todays-mortgage-rates-february-4-2022
| 2022-02-04T22:50:38
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| 0.95418
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PEBBLE BEACH, Calif. (AP) — Tom Hoge enjoys being at Pebble Beach even in a frigid wind and relentless rain. He loved it even more Thursday in brilliant sunshine, especially with nine birdies on his card.
Hoge began his day along the Pacific Ocean with a 30-foot birdie putt on No. 10 at Pebble Beach. He made the last of six straight birdies with a 40-foot putt on the daunting eighth hole. It added to a 9-under 63, by four shots his best score at the AT&T Pebble Beach Pro-Am.
“It’s hard to be in a bad mood out here,” Hoge said. “I mean, Pebble Beach and perfect weather is about as good as it gets.”
He had a one-shot lead over Seamus Power of Ireland, whose round was equally stout. Power birdied his last four holes at Spyglass Hill, traditionally the toughest of the three courses in benign conditions. It was the only course that played over par Thursday.
Jonas Blixt had a 7-under 64 on the Shore Course at Monterey Peninsula. Patrick Cantlay, at No. 4 the highest-ranked player in the field, birdied his last three holes for a 65 on the Shore.
Hoge has played just over 200 times on the PGA Tour without winning, though he’s getting closer. He finished runner-up by two shots in Palm Desert two weeks ago.
Whether he gets another shot, that’s still a long way off, with two more courses to get through before Hoge gets back to Pebble Beach.
The coastline along the peninsula and the desert tucked amid the Santa Rosa Mountains are nothing alike, although Hoge managed to make one comparison. Scoring is on the low side.
Along with very little wind, the area has gone more than a month without rain and the courses are firm, without the greens being too fast because of amateurs in the field. To have green running firm and fast, they might never finish. And it takes long enough as it is.
“I was in the situation a couple weeks ago in Palm Springs — scores were a little bit better there — but you keep switching golf courses and you fee like you’ve got to keep making birdies the whole way because there’s a lot of great players out here,” he said. “Conditions look pretty good for the weekend, so I know that I’ve got to keep moving forward.”
There was no need to check the forecast and hope for the best — and this tournament, that means getting Pebble Beach and Monterey Peninsula on the calmest day and Spyglass in the wind. But it’s supposed to stay gorgeous all week.
Cantlay nearly had his round ruined around the turn when he squandered a good start with a pair of bogeys and began the back nine at the Shore by failing to birdie the par 5s. He made up for it with three straight birdies to finish his round, one of them on the 17th when his tee shot was about 6 feet from going into a small creek, and he hit a towering wedge over a pine to 12 feet for birdie.
Jordan Spieth, still trying to recover from an intestinal infection, had a 68 at Monterey Peninsula. He had hoped to be at full strength, but probably wasn’t quite there. He headed for a bathroom after signing his card.
Otherwise, it was as perfect a day as the Pebble Beach Pro-Am can offer. About one-third of the field broke 70, and no one was terribly grumpy.
Power won an opposite-field event last year for his first PGA Tour victory. He tied for third in the Sony Open and now sits at No. 50 in the world, needing to hold that position for two months to earn an invitation to the Masters.
He played in an all-Irish pairing with John Murphy, who went to Louisville and made his PGA Tour debut, along with Irish amateurs Dermott Desmond and Gerry McManus. That added to a day that felt like more fun than work.
“I’m playing a shirt. Normally I have a sweater and other stuff on,” Power said. “So it was nice, wind was minimal. It was a perfect day for scoring.”
His best moment was scrambling for par at the par-3 fifth hole, the last that runs along the Pacific on Spyglass Hill. He went from a fairway bunker on the uphill sixth to 25 feet and made that, and then finished with three more birdies.
“It’s always funny with the three courses,” Power said. “It’s great to have a good start but you’re on to a completely different challenge. Tomorrow I’m playing Pebble and it’s going to be a completely different course to today. So kind of makes it easier to reset, and hopefully we can kind of keep doing the same thing tomorrow.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://www.krqe.com/sports/gorgeous-day-at-pebble-and-tom-hoge-has-a-scorecard-to-match/
| 2022-02-04T22:50:38
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| 0.979309
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Southwest Airlines to resume alcohol sales on flights
Published: Feb. 4, 2022 at 3:11 PM CST|Updated: 1 hours ago
(CNN) – The booze is back on Southwest Airlines flights.
At least it will be Feb. 16.
The airline reduced beverage offerings during the pandemic, just stocking sodas, juice and coffee.
But soon flights will have beer, wine and liquor for sale. They’ll also have more non-alcoholic drinks for free.
Southwest says customers can use their 2020 and 2021 drink coupons through this year.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.ktre.com/2022/02/04/southwest-airlines-resume-alcohol-sales-flights/
| 2022-02-04T22:50:38
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| 0.941363
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Deputies: 3 arrested following violent outbreak at Neo-Nazi rally in Orlando
ORLANDO, Fla. - The Orange County Sheriff's Office arrested three people for an attack at an anti-Semitic rally in Central Florida.
Joshua Terrell, 46, and Burt Colucci, 45, are facing charges of battery with a hate crime enhancement.
Jason Brown, 47, is facing a charge of grand theft.
RELATED: UCF student says he was spit on, pepper-sprayed, punched after confronting Neo-Nazi group
In a tweet on Friday, Orange County Sheriff John Mina wrote that "We will not stand for hate in the community."
Deputies said they received calls of about 20 demonstrators at Alafaya Trail and Waterford Lakes Parkway last Saturday. The group was reported to be wearing clothes with Nazi insignia.
A Jewish man called deputies stating he had been pepper sprayed and his phone was stolen.
The group began yelling profanities and anti-Semitic slurs at cars passing by, according to an arrest affidavit.
The man told deputies he was driving on Alafaya Trail, when a group of demonstrators spat in his direction.
The victim stepped out his car and walked toward the demonstrators, showing them his Star of David charm.
A verbal argument then ensued which led to a protester referred to as "Grandfather," walking toward the victim's car.
Several demonstrators from the group approached the victim, and he was pepper sprayed and punched, according to an arrest affidavit.
During the violent outbreak, the victim's phone was knocked from his hand. He late found his phone in a storm drain.
A video captured Burt Colucci as the person who pepper sprayed the victim, according to the arrest affidavit.
A law tip and source information identified Jason Brown as being the person who stole the victim's phone and Joshua Terrell being the peron who punched the victim.
According to deputies, the suspects are known members of the National Socialist Movement.
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This is a developing story. Check back later for updates.
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https://www.fox35orlando.com/news/3-arrested-following-violent-outbreak-at-neo-nazi-rally-in-orlando
| 2022-02-04T22:50:44
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| 0.977683
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LOS ANGELES (AP) — Reggie Jackson isn’t fazed by Los Angeles Clippers games coming down to the wire, especially against their arena co-tenants.
“We just want to give the fans their money’s worth,” he said.
Jackson scored 25 points, including a driving layup with four seconds remaining, and the Clippers held on for a 111-110 victory over the Los Angeles Lakers on Thursday night.
There were four lead changes in the final 30 seconds, including Jackson’s winning basket. Anthony Davis, who led the Lakers with 30 points and 17 rebounds, had a chance to win it but missed a running floater as time expired.
Davis was visibly frustrated afterward and said he watched the shot seven times before going to the interview room.
“The ball touched every part of the rim. You can’t ask for a better look,” said Davis, who had at least 30 points and 15 rebounds in back-to-back games for the seventh time in his career. “The ball was in, then out. Tough, tough play.”
Marcus Morris Sr. led the Clippers with 29 points, while Serge Ibaka added 20 points and nine rebounds. Morris made six 3-pointers, including one from the left corner that gave the Clippers a 109-108 advantage with 18 seconds remaining. The Lakers regained the lead on Davis’ dunk before Jackson’s decisive layup.
Jackson — who had 10 points in the final 12 minutes — took the inbounds pass and skipped to the midcourt line. Then he drove down the left side and got past Austin Reaves and Russell Westbrook.
“We’re confident in ourselves, how we play and our approach to the game. We never really got rattled,” Jackson said.
The Clippers have three victories since Jan. 11 when trailing by at least 24 points. But on Thursday they held a 17-point lead with four minutes left in the third quarter before the Lakers started to chip away.
“I thought it was a good chess match back and forth. Coach (Frank) Vogel did a good job trying to keep me off balance,” Clippers coach Tyronn Lue said.
Malik Monk scored 21 points for the Lakers, and Westbrook had 17. Monk’s 3-pointer gave the Lakers a 108-106 lead with 28.1 seconds to go.
The Clippers have won two of their last three to even their record at 27-27. The victory also gave them a 1 1/2-game lead over the Lakers for the eighth seed in the Western Conference. The Clippers trail Denver by 2 1/2 games for the sixth seed, which would avoid having to take part in the play-in tournament.
The Lakers (25-28), who have played only one game since Dec. 17 with Davis and LeBron James both in the lineup, have dropped four of their last five.
“It’s a tough loss because they are ahead of us,” Davis said. “We have to keep plugging away. There are no moral victories and no one feels sorry for us. We have to find a way.”
The Clippers have won both meetings this season, and 30 of the last 37. They had a six-point advantage at halftime before outscoring the Lakers 24-13 over the first eight minutes of the third quarter to take an 84-67 lead on 10 points from Jackson and eight by Morris.
The Lakers trailed 94-78 in the final minute of the third quarter before rallying with 12 straight points, including six by Westbrook, to get back into the game.
The Clippers were able to push the lead back to 104-97 with 3:27 remaining before the Lakers scored eight straight points, including an 11-foot jumper by Westbrook, to take a 105-104 lead with 63 seconds left.
There were 11 lead changes and 10 ties in the first half before the Clippers closed the half on a 9-3 run to grab a 60-54 halftime advantage.
TIP-INS
Lakers: James missed his fifth straight game due to swelling in his left knee. … Nine of Davis’ 12 field goals were dunks.
Clippers: Ibaka has reached 4,500 career defensive rebounds. … Ivica Zubac missed his second straight game due to a calf injury.
UP NEXT
Lakers: Host the New York Knicks on Saturday.
Clippers: Host the NBA champion Milwaukee Bucks on Sunday.
___
More AP NBA: https://apnews.com/hub/nba and https://twitter.com/AP_Sports
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https://www.krqe.com/sports/jacksons-layup-propels-clippers-to-111-110-win-over-lakers/
| 2022-02-04T22:50:46
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| 0.978491
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WATCH: Penguins play in the snow outside of a Missouri aquarium
Published: Feb. 4, 2022 at 3:07 PM CST|Updated: 1 hours ago
SPRINGFIELD, Mo. (KY3/Gray News) - Some penguins got to experience a more natural climate outside of their current place of residence in Missouri.
KY3 reports the animals played in fresh snowfall outside of Springfield’s Wonders Of Wildlife National Museum & Aquarium.
The gentoo penguin is the third-largest species of penguin in the world. The Antarctica natives can swim 22 mph.
They show signs of stress if the temperature rises above 60, and the exhibit at Wonders of Wildlife is kept in the low 40s.
The penguins had nothing to worry about on Friday, as temperatures in Springfield stayed below freezing.
The staff guarded the birds to make sure they did not escape.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.ktre.com/2022/02/04/watch-penguins-play-snow-outside-missouri-zoo/
| 2022-02-04T22:50:47
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en
| 0.923528
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By looking at Google searches for pothole-related complaints going back to 2004, Michigan has the third-worst pothole problems in the nation.
The report, recently released by QuoteWizard, an online insurance marketplace, analyzed search data for pothole-related complaints and repairs for each state going back to 2004 to identify the areas with the worst issues.
It found that Washington state has the nation's worst potholes, with Michigan not far behind.
Here are the five states and cities with the worst pothole problems.
States:
- Washington
- Indiana
- Michigan
- Nebraska
- Ohio
Cities:
- Yakima, Washington
- Grand Junction, Colorado
- Spokane, Washington
- Lafayette, Indiana
- Seattle, Washington
Additionally, Arkansas, Nevada and Wyoming have the least potholes, according to the report.
AAA estimates U.S. drivers spend nearly $3 billion a year fixing damage caused by potholes. The average repair bill associated with a pothole mishap is $306, according to the agency. In 64% of cases, the repair bill is $250 or less and only 6% of incidents result in a bill that’s more than $1,000.
"Of course, how much you pay to repair pothole damage depends on the make and model of your vehicle as well as a number of other factors," AAA stated. "Just replacing a tire can cost you anywhere from $100 to $500 or more, depending on the vehicle you drive."
How can a hole in the road cause that much financial drama?
Consider that a pothole can do everything from damage to your tires to ruin your suspension. For instance, potholes can pop your tire, damage your wheel rims, ruin the engine or exhaust system, throw off your alignment and ruin your car's shocks and struts, according to AAA.
Drivers between the ages of 35 and 44 reported more pothole damage than any other age group, with almost one-third of drivers saying they’ve dealt with pothole damage in the last year.
"Potholes also seem to strike twice — or more accurately, thrice," the report read. "According to AAA, once your car has been damaged by a pothole, it’s likely to happen at least two more times in a five-year span."
How can you file a claim if your vehicle or tires are damaged by a pothole?
The Michigan Department of Transportation suggests two options on its website. For damage claims less than $1,000, the agency provides an online form, but for higher value claims, the agency said you’ll need to file a lawsuit.
Michigan residents can also use MDOT's Report a Pothole form or call 888-296-4546 to report potholes on state roads. Most state roads begin with M, I or US designations (e.g., I-75, M-28, US-23). Your report will be forwarded to the appropriate MDOT region office for action.
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https://www.theheraldreview.com/news/article/Michigan-has-third-worst-pothole-problems-16831794.php
| 2022-02-04T22:50:50
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en
| 0.956991
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