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RANCHO CUCAMONGA, Calif., Nov. 14, 2022 /PRNewswire/ -- In honor of National Diabetes Month, Inland Empire Health Plan (IEHP) and EASE T1D have partnered to spread awareness about Type 1 diabetes and the detection of the chronic health condition in children. Together, the two organizations will actively distribute and promote educational material and work to connect the community with supportive resources.
According to the Centers for Disease Control, the frequency of both Type 1 and Type 2 diabetes in young people is a growing clinical and public health concern. While Type 2 diabetes is preventable, Type 1 diabetes is not.
Type 1 diabetes is characterized by deficient insulin production and requires daily doses of the key hormone that converts glucose into energy. Diabetes has the potential to damage the heart, blood vessels, eyes, kidneys and nerves, according to the World Health Organization.
EASE T1D is the joint effort of two mothers, Debbie George and Michelle Thornburg, who have children with Type 1 (T1D) diabetes. Through their more than 25 years of combined experience, they have come to recognize areas of significant need and have joined forces to apply their knowledge as parents of young diabetics through Education, Awareness, Support and Empowerment (EASE).
"The goal of EASE T1D is to raise public awareness of what Type 1 diabetes is and the onset symptoms," said Debbie George, who co-founded EASE T1D. "So many times, children go undiagnosed because a parent thought it was a simple virus."
"Excessive thirst, frequent urination, weakness and weight loss are the top four symptoms," added George. "And because there are so many illnesses these symptoms could be attributed to, awareness is critical."
The non-profit group is also active in shaping state law, recently partnering with Poison lead singer and reality TV star Bret Michaels – diagnosed with Type 1 diabetes at 6 years old – in support of California's Senate Bill 97, which requires Type 1 diabetes information to be available on the California Department of Education's website and to be distributed to parents and guardians of K-12 students.
The bill was signed into law in October 2021 as a part of Gov. Gavin Newsom's $123.9 billion K-12 package.
"Empowering parents and guardians with this information is a great step in extending preventive health care services to our community," said Dr. Wada, IEHP's chief medical officer. "This partnership will help us to fill in the gaps and truly meet our members where they are."
To learn more about EASE T1D, visit EASET1D.org.
With a mission to heal and inspire the human spirit, Inland Empire Health Plan (IEHP) is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. In its 26th year, IEHP is supporting more than 1.5 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plans and has a growing network of over 7,800 providers and nearly 2,800 Team Members. Through dynamic partnerships with Providers and Community Organizations, paired with award-winning service and a tradition of quality care, IEHP is fully committed to their vision: We will not rest until our communities enjoy optimal care and vibrant health. For more information, visit iehp.org.
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SOURCE Inland Empire Health Plan (IEHP) | https://www.wagmtv.com/prnewswire/2022/11/14/together-with-ease-iehp-partners-promote-awareness-early-childhood-detection-diabetes/ | 2022-11-14 23:27:15 | 1 | https://www.wagmtv.com/prnewswire/2022/11/14/together-with-ease-iehp-partners-promote-awareness-early-childhood-detection-diabetes/ |
Parsippany,N.J., Nov. 29, 2022 /PRNewswire/ -- Royal DSM, a global science-based company active in Health, Nutrition and Bioscience, comments on the findings from a recently published paper in Nature Medicine which reported that those infected with COVID-19 are at increased risk of long-term neurologic disorders that persist post infection.[i] These symptoms are one part of what is now known as "long COVID," which is estimated to impact 7.5% of adults in the total US population.[ii] The neurological conditions reported include cerebrovascular disease, cognition and memory disorders, sensory disorders and mental health conditions. Risk of neurologic conditions related to long COVID were elevated even in people who were not hospitalized with acute COVID-19 infection. The recent study also demonstrated that the risk was present regardless of age, race and sex, or conditions such as obesity, smoking, diabetes and immune dysfunction, amongst other factors.
Researchers are working hard to understand the mechanisms by which COVID-19 infection leads to the neurological disorders observed in long COVID. Mechanisms of great interest include the inflammatory and oxidative stress responses present in COVID-19 infection. It is hypothesized that omega-3s – namely eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA) – could help to lessen the impact of long COVID because they play an important role in modulating the inflammatory response and resolving inflammation in the body[iii],[iv] Additionally, omega-3s have been shown to have a positive impact on brain health – including brain development[v],[vi],[vii], cognitive performance[viii],[ix] and mood[x],[xi],[xii],[xiii] – thus these nutritional ingredients are of particular interest in the context of neurological outcomes.
The recent publication indicates promising opportunities to expand research on the potential role of omega-3 supplementation as part of a strategy to support long COVID symptoms. "As a global leader of nutritional lipid solutions, DSM remains at the forefront of new developments in omega-3 science," comments Dr. Sonia Hartunian-Sowa, Director of Science, Translation, & Advocacy, DSM. "We're keen to help expand knowledge surrounding the role these important ingredients play in this emerging field of research and ultimately inspire the development of purpose-led health solutions."
For more information, join DSM at SupplySide West 2022 (booth 4355), or visit here.
DSM
Royal DSM is a global, purpose-led company in Health, Nutrition & Bioscience, applying science to improve the health of people, animals and the planet. DSM's purpose is to create brighter lives for all. DSM's products and solutions address some of the world's biggest challenges while simultaneously creating economic, environmental and societal value for all its stakeholders – customers, employees, shareholders, and society at large. The company was founded in 1902 and is listed on Euronext Amsterdam. More information can be found at www.dsm.com.
[i] Xu et al. Long-term neurological outcomes of COVID-19. Nature Medicine, September, 2022.
[ii] CDC Long COVID or Post-COVID conditions. https://www.cdc.gov/coronavirus/2019-ncov/long-term-effects/index.html.
[iii] Yang et al. Long COVID and long chain fatty acids (LCFAs): Psychoneuroimmunity implication of omega-3 LCFAs in delayed consequences of COVID-19. Brain, Behavior, and Immunity, 2022, 103:19-27.
[iv] Basil and Levy. Specialized pro-resolving mediators: endogenous regulators of infection and inflammation. Nature Reviews Immunology, 2016, 16(1):51-67.
[v] Makrides et al. Fatty acid composition of brain, retina and erythrocytes in breast- and formula-fed infants. Am J Clin Nutr. 1994, 60(2):189-194.
[vi] Colombo et al. Long-term effects of LCPUFA supplementation on childhood cognitive outcomes, Am J Clin Nutr. 2013, 98(2):403–12.
[vii] Martinez. Tissue levels of polyunsaturated fatty acids during early human development. J Pediatr. 1992, 120(4 Pt 2):S129-138.
[viii] Witte et al. Long-chain omega-3 fatty acids improve brain function and structure in older adults. Cereb Corte. 2014, 24(11):3059–3068.
[ix] Martí and Fortique. Omega-3 fatty acids and cognitive decline: a systematic review. Nutr Hosp, 2019, 36(4):939-949.
[x] Liao et al. Efficacy of omega-3 PUFAs in depression: A meta-analysis. Translational Psychiatry, 2019, 9(190):1–9.
[xi] Hallahan et al. Efficacy of omega-3 highly unsaturated fatty acids in the treatment of depression. The British J of Psychiatry, 2016, 209(3):192-201.
[xii] Guu et al. International Society for Nutritional Psychiatry Research Practice Guidelines for omega-3 fatty acids in the treatment of major depressive disorder. Psychotherapy & Psychodynamics. 2019, 88(5):263-273.
[xiii] Mocking et al. Meta-analysis and meta-regression of omega-3 polyunsaturated fatty acids supplementation for major depressive disorder. Translational Psychiatry, 2016, 6(3):e756.
Contact - BDB:
Eleanor Tarling
+44 (0)7467 783675
eleanor@bdb.co.uk
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SOURCE DSM | https://www.kwch.com/prnewswire/2022/11/29/dsm-comments-new-study-linking-covid-19-increased-risk-neurological-disorders-omega-3s-be-potential-solution/ | 2022-11-29 13:23:46 | 0 | https://www.kwch.com/prnewswire/2022/11/29/dsm-comments-new-study-linking-covid-19-increased-risk-neurological-disorders-omega-3s-be-potential-solution/ |
NOTTINGHAM, England (AP) — Another week, another Arsenal stumble.
Mikel Arteta has a job on his hands to keep his team’s title challenge on track.
It was a case of history repeating itself as the Premier League leaders let another two-goal lead slip and dropped valuable points for the second week in a row. A 2-2 draw with West Ham on Sunday followed the same score line against Liverpool seven days earlier.
It’s a costly habit to pick up, especially at a time when the wins are rolling in for second-place Manchester City.
While it all appears to be so easy for defending champion City, which recorded a 10th straight victory in all competitions by beating Leicester 3-1 on Saturday, Arsenal’s form is wobbling.
As if back-to-back draws weren’t bad enough for Arteta, it is the nature of his team’s mini-meltdowns against Liverpool and West Ham that will be of most concern.
On both occasions Arsenal was cruising. But at the London Stadium, just like at Anfield, the Londoners unraveled when under pressure.
“My worry is after 2-0 that we made that huge mistake and did not understand what the game required in that moment,” Arteta said. “We need that ruthless mindset to go kill a team and today we haven’t done it.”
Gabriel Jesus and captain Martin Odegaard appeared to put Arsenal on course to move six points ahead of City when both scored inside the first 10 minutes.
That was until Said Benrahma’s penalty in the 33rd set up a fightback and Jarrod Bowen equalized in the 54th.
In between Bukayo Saka missed a penalty which would have put Arsenal 3-1 ahead.
Even after dropping four points in two games, Arsenal remains four points clear of City having played a game more. But its lead over City was eight points less than a month ago.
City also has a better goal difference.
Arsenal plays City at Etihad Stadium in a pivotal game on April 26 and Arteta must hope the wounding recent results will not be too damaging to his players’ confidence.
“We have to remember we are still top of the league with everything in our own hands,” Odegaard said.
UNITED GOES THIRD
Manchester United had a collapse of its own against Sevilla in the Europa League when throwing away a two-goal lead to draw 2-2, but there was no repeat of that at Nottingham Forest on Sunday.
Leading 1-0 through Antony’s goal in the 32nd, Erik ten Hag’s team piled the pressure on relegation-fighting Forest and sealed the 2-0 win through Diogo Dalot in the 76th.
Victory saw United take advantage in the race for Champions League qualification after defeats for rivals Newcastle and Tottenham on Saturday.
United moved up to third, three points ahead of Newcastle.
While Antony scored one goal and provided the assist for another, the return of Christian Eriksen for his first start since hurting his ankle in January was a timely boost for Ten Hag as the injuries mount for United.
Marcel Sabitzer was a late withdrawal after picking up an injury while warming up at City Ground. The on-loan Austrian midfielder joins Lisandro Martinez, Raphael Varane, Marcus Rashford and Luke Shaw on the list of key absentees for United.
“You see how quickly things can change,” Ten Hag said. “Last week we had nine top-fit defenders, today we had four. We need the numbers, we are one of the few teams in three competitions … We are in a lot of games, we need the numbers to stay in those competitions because we want to bring a good team every time onto the pitch.”
Eriksen only started because of Sabitzer’s injury but looked like he had never been away with a classy performance in the heart of midfield.
“It’s the nature, a natural talent, everything is going so smooth with him, so many skills, game understanding,” Ten Hag said, adding “when you bring on Christian it’s not a disadvantage for your team and he proved it.”
FIGHT FOR SURVIVAL
While West Ham picked up a valuable point against Arsenal to move four points from the relegation zone, Hammers manager David Moyes said Saka’s penalty miss was a crucial moment in the game.
“Sometimes the fine lines are so small,” Moyes said. “They got a penalty and at 3-1 it’s going to be difficult. We got a bit of fortune, but then we grew and I quite fancied us to get a third one.”
Meanwhile Forest manager Steve Cooper was dismayed by the failure to award his team a spot kick when United’s Harry Maguire appeared to handle the ball with the game still at 0-0.
“I am not going to say it is the absolute reason why we lost the game, but I think it is a definite penalty from Maguire and possibly a second yellow card and could be a game changer,” Cooper said.
Forest remains in the bottom three with Cooper under increasing pressure.
___
James Robson is at https://twitter.com/jamesalanrobson
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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://www.yourcentralvalley.com/sports/epl-race-tightens-after-latest-arsenal-collapse-man-u-3rd/ | 2023-04-17 07:44:17 | 1 | https://www.yourcentralvalley.com/sports/epl-race-tightens-after-latest-arsenal-collapse-man-u-3rd/ |
WESTAMPTON – Summer is here and it’s the “purr-fect” time to look for a new best friend from the Burlington County Animal Shelter!
Throughout the month of July, the shelter will have reduced adoption fees of $25 for an adult dog and $15 for adult cats to help encourage residents and families to bring home a shelter pet.
The “Clear the Shelter” promotion is being held in partnership with the Friends of the Burlington County Animal Shelter, which is assisting with financial support to reduce the fees. The promotion also coincides with the Best Friends Network National Adoption Weekend on July 22-24, when participating shelters across the nation will reduce their rates.
More than 4,500 dogs and cats were adopted nationwide during the network’s last adoption weekend promotion in May.
“Summer is a busy season with numerous dogs and cats finding their way into our animal shelter. We want them all settled with loving families,” said Commissioner Felicia Hopson, liaison to the County Animal Shelter. “With so many wonderful animals that would make perfect companions, reducing the rates for the entire month should help these fur friends discover forever homes that much faster, so we want to thank the Friends of the Burlington County Animal Shelter for their support.”
“I’ve seen how dedicated the animal shelter staff and volunteers are to ensuring the shelter pets receive the best possible care, but what they want most is for every animal to leave with a new loving family,” added Commissioner Allison Eckel, who toured the shelter in May during the Lenape High School JROTC “Help Cadets Help Pets” event. “For anyone thinking about adding a new pet, please visit the shelter to meet some of the wonderful dogs and cats that are available.”
The Burlington County Animal Shelter is located at 35 Academy Drive in Westampton and is open for visits and tours on Mondays, Tuesdays, Fridays, Saturdays and Sundays from noon to 4 p.m. and Thursdays from noon to 7 p.m. It is closed for walk-in visits on Wednesdays. Visitors are encouraged to call 609-265-5073 to schedule an appointment.
Available dogs and cats can also be viewed online at https://www.co.burlington.nj.us/1446/Available-for-Adoption
So far this year the shelter has adopted out more than 700 dogs and cats. Another 244 lost pets have been reunited with their families.
“We’ve had some great success stories this year, including the adoption of Dash, our shelter’s longest resident, but we want to help even more animals join loving families,” said Hopson. “Summer is a great time to adopt, so don’t delay. Go online or schedule a visit to the shelter soon. Your next best friend is waiting to be found there.” | https://www.trentonian.com/2022/07/06/burlington-county-animal-shelter-reducing-adoption-fees-in-july-to-help-clear-the-shelter/ | 2022-07-06 23:24:52 | 0 | https://www.trentonian.com/2022/07/06/burlington-county-animal-shelter-reducing-adoption-fees-in-july-to-help-clear-the-shelter/ |
Leading cashless payment provider offers self-checkout solutions set to enable operators to increase their sales with a new revenue stream
HERZLIYA, Israel, July 13, 2022 /PRNewswire/ -- Nayax Ltd. (TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business, today announced the availability of the Nova Market self-checkout kiosk in its U.S. ecommerce shop (https://shop.nayax.com/usa_en/nova-market.html). This latest addition to Nayax's offering is a modular and affordable self-checkout point of sale (POS). The kiosk offers an easily scalable solution, meets all merchant requirements, and seamlessly integrates with Nayax's best-in-class retail POS device, including robust cloud-based management service.
Micro markets are on track to make the quickest recovery of all convenience services because they offer a practical and improved experience both for vendors and consumers. Since the outbreak of the coronavirus pandemic, consumer behavior has changed with consumers demanding a more personalized and seamless experience. Nova Market's intuitive interface, cashless payment acceptance, and consumer loyalty offering gives consumers just this.
Bernard Streeter of S and S Vending, a current Nova Market user, opened his micro market business as an alternative to his vending business following a request from his customer in Fort City, Kansas. Streeter comments, "Currently, we've been maintaining about 65-70% sales increase per week. For us, compared to the standard vending system that we've been using, the ease of use and traceability is just so hands down better. We're excited to see that we can save money and at the same time increase our sales."
"With the growth of micro markets across the U.S., the use of Nayax's Nova Market is an easy entry for Nayax customers looking to expand their business and increase their revenue," said Carly Furman, CEO, Nayax LLC. "At Nayax, we're continually thinking of how we can best serve retail operators in the long-term and are excited for this new offering to continue to help us accomplish this mission."
The small, easy to install kiosk allows for a quick set-up and offers a fast and cost-effective way to start a micro market business. Additionally, the solution allows existing Nayax operators to:
- Utilize the same solution to offer fresh, warm, cold, and premium products
- Offer higher priced products
- Serve more customers
- Avoid operating hour restrictions (24/7)
- Reduce labor costs
- Earn higher revenue
For more information about Nayax and its product offerings, please visit https://www.nayax.com/.
About Nayax
Nayax is a global commerce enablement and payment platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, a management suite, and consumer engagement tools, enabling merchants to conduct commerce anytime, anywhere. With global experience in serving the unattended retail industry, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. Today, Nayax has 8 global offices, over 600 employees, connections to more than 80 merchant acquirers, payment method integrations and is a recognized payment facilitator worldwide. Nayax's mission is to improve our customers' revenue potential and operational efficiency. www.nayax.com
Forward-looking statements
The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). Said forward-looking statements, relating to the initial public offering, are subject to uncertainties and assumptions and the actual results may materially differ. All forward-looking statements in this press release are based on information available to Nayax on the date hereof. All written or oral forward-looking statements attributable to Nayax are expressly qualified in their entirety by the factors referred to above. Nayax does not intend to update these forward-looking statements.
Nayax Public Relations Contact:
Courtney Tolbert
5W PR
ctolbert@5wpr.com
Nayax Investor Relations Contact:
ICR
ir@nayax.com
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SOURCE Nayax | https://www.wagmtv.com/prnewswire/2022/07/13/nova-market-self-checkout-kiosk-now-available-purchase-nayaxs-ecommerce-shop-us-markets/ | 2022-07-13 12:37:23 | 0 | https://www.wagmtv.com/prnewswire/2022/07/13/nova-market-self-checkout-kiosk-now-available-purchase-nayaxs-ecommerce-shop-us-markets/ |
Legal challenge leaves student loan debt forgiveness program in limbo
(CNN) - A legal challenge to President Joe Biden’s student loan forgiveness program has millions of people wondering, what now?
The White House had previously identified this week as the soonest some borrowers could see their debt canceled.
A federal appeals court put Biden’s student loan forgiveness program on pause for now.
“I’m still waiting for that relief right now. No one’s had their debt canceled yet,” said Cody Hounanian, executive director of Student Debt Crisis Center, a nonprofit focused on ending the student debt crisis.
Friday’s move barred the administration from cancelling loans while the court considers a legal challenge from six Republican-led states.
So what does it mean for the more than 20 million people who’ve applied for relief so far?
The Biden administration appears confident the program will prevail.
“We’re not deterred. We’ll keep fighting for you and pushing through,” said Miguel Cardona, U.S. Secretary of Education.
The administration had said Sunday was the earliest day it would start discharging loans, so people will now have to wait a little longer while the program’s fate is decided.
“I’m one of the people that were fighting for,” Hounanian said. “It’s not going to erase my entire debt, but it’s a third of my student loan debt, and it, one, opens up the door hopefully for the ability to purchase a home, invest in myself in a different way.”
The program would dismiss up to $10,000 in debt for eligible applicants, up to $20,000 if they received Pell grants.
So what should you do if you qualify? The White House is still encouraging people to apply at studentaid.gov, and the Better Business Bureau continues to remind you to beware of ongoing scams.
“Scammers have been right there to take advantage. They know that there’s a bit of confusion about what’s going to happen next,” said Kristen Johnson, director of communications at the BBB.
The six GOP-led states that requested a preliminary injunction argue that Biden doesn’t have the legal authority to wipe out the debt.
Meanwhile, lawyers for the government argue that Congress gave the Secretary of Education the power to discharge debt in a 2003 law known as the Heroes Act while President George W. Bush was in office.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.dakotanewsnow.com/2022/10/26/legal-challenge-leaves-student-loan-debt-forgiveness-program-limbo/ | 2022-10-26 19:09:48 | 1 | https://www.dakotanewsnow.com/2022/10/26/legal-challenge-leaves-student-loan-debt-forgiveness-program-limbo/ |
BEIJING (AP) — Streets in the gambling center of Macao were empty Monday after casinos and most other businesses were ordered to close while the Chinese territory near Hong Kong fights a coronavirus outbreak.
Residents were told to stay indoors unless they were buying food or other necessities. Authorities warned that anyone violating the rules would be punished.
Casinos were ordered over the weekend to close for at least a week as the number of coronavirus cases in the territory of 700,000 people rose. On Monday, the government reported 59 new cases, bringing the total in the latest outbreak to 1,526.
Macao and Hong Kong are imitating the mainland’s “zero COVID” strategy that aims to isolate every infected person.
The public is required to register for passes to ride buses and other public transportation, which is operating at a reduced capacity, said a resident who asked to be identified only by his surname, Kong.
“I think this measure is not necessary, because it will increase inconvenience,” Kong said.
Casino gambling is the mainstay of Macao’s economy but it has been devastated by anti-virus travel restrictions.
This week’s order marks the first time since early 2020 at the start of the pandemic that casinos were closed outright, reflecting official urgency about containing the latest outbreak. Restrictions imposed in June limited their workforce to 10% of normal levels.
The government says it plans to test everyone in the city for the virus over the coming week. Bus drivers, people who deliver food and some others were told to be tested every day.
___
Associated Press news assistant Karmen Li in Hong Kong contributed to this report. | https://www.wfla.com/news/international/ap-international/macao-streets-empty-after-casinos-shut-to-fight-outbreak/ | 2022-07-11 19:21:08 | 0 | https://www.wfla.com/news/international/ap-international/macao-streets-empty-after-casinos-shut-to-fight-outbreak/ |
Warren Hills in Region 1.
Phillipsburg in Region 2.
And a Hunterdon County a district reunion.
The NJSIAA individual wrestling postseason will look considerably different next season in the alignment announced Thursday.
For lehighvalleylive regional teams, the changes are considerable, and spread the eight LVL teams over six districts and four regions.
Warren Hills is now in District 2, with mostly Passaic and Bergen County teams: Cresskill, Demarest, Dumont, Emerson/Park Ridge, Lakeland, New Milford,
River Dell, Waldwick/Midland Park and Westwood.
The other top powers in Region 1 will likely be Don Bosco Prep, Seton Hall Prep, High Point and Kittatinny.
North Warren remains in Region 1, in District 4 with DePaul, High Point, Kittatinny, Newton, Sparta, Vernon, Wallkill Valley and West Milford.
Phillipsburg joins Region 2 from District 6, a collection of mostly Morris County schools: Dover, Hopatcong, Lenape Valley, Morris Knolls, Mountain Lakes, Parsippany, Parsippany Hills, Randolph, and Roxbury.
The other Region 2 powers look to be St. Joseph’s (Montvale) and Mount Olive.
Shades of the old “District 17″ are brought to mind by the new District 14, in Region 4, where North Hunterdon, Voorhees and Hunterdon Central are grouped together with Bernards, Bridgewater-Raritan, Middlesex/Dunellen, North Plainfield, Pingry and Somerville.
The other top Region 4 powers look to be Paramus Catholic, South Plainfield, St. Joseph-Metuchen and Watchung Hills.
Delaware Valley, left out of the D-17 reunion, finds itself in District 10 and Region 3. D-10 is the Terriers plus a group of teams much closer to New York City: Belleville, Bloomfield, Glen Ridge, Kearny, Livingston, Montclair, Nutley, Verona, and West Orange.
Also in Region 3 are Belvidere and Hackettstown, both in District 11, with Columbia, East Orange, Morristown, Newark Academy, Pope John XXIII, West Morris Central and Whippany Park.
Other Region 3 powers are Bergen Catholic, Hanover Park and West Essex.
The new arrangement moves north Jersey powers Delbarton to Region 5 and St. Peter’s Prep to Region 6.
Thank you for relying on us to provide the journalism you can trust. Please consider supporting lehighvalleylive.com with a voluntary subscription.
Brad Wilson may be reached at bwilson@lehighvalleylive.com. | https://www.lehighvalleylive.com/highschoolsports/2023/06/major-shakeups-in-njsiaa-individual-wrestling-postseason.html | 2023-06-22 17:58:09 | 0 | https://www.lehighvalleylive.com/highschoolsports/2023/06/major-shakeups-in-njsiaa-individual-wrestling-postseason.html |
WASHINGTON (AP) — Bradley Beal scored 27 points, Kristaps Porzingis had 20 points and a season-high 17 rebounds and the Washington Wizards beat the undermanned Miami Heat 107-106 in overtime Friday night.
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Washington outscored Miami 3-2 in overtime. Kyle Kuzma hit one of two free throws with 2:48 to play for the Wizards for the last points of the game. Kuzma had 21 points.
Kyle Lowry had a triple-double for Miami with 24 points, 15 assists and 10 rebounds, and Max Strus had 22 points.
Miami had just seven healthy players, and was forced to dress Gabe Vincent, who was out with a knee injury, to satisfy the NBA requirement that teams have eight players in uniform.
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The Heat were missing their top three scorers, Jimmy Butler, Tyler Herro and Bam Adebayo. Butler was out with a left knee injury, and he’s expected to miss the final two games of the four-game trip. Adebayo is out with a bruised left knee.
Herro, who is expected back on Sunday, missed his sixth straight game with a sprained left ankle.
TIP-INS
Heat: F Duncan Robinson was out after he cut a finger when it was caught in a jersey during Friday’s shootaround. … C Dewayne Dedmon missed the game with a stomach illness. … Miami hosts Washington next Wednesday and Friday. …C Orlando Robinson, a two-way player, made his NBA debut and scored14 points. ... C Nikola Jovic had a career-high 18 points. … F Haywood Highsmith had 12 points and 13 rebounds.
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Wizards: G Jordan Goodwin was out with left knee soreness. … Coach Wes Unseld Jr. said that G Delon Wright would have his right hamstring re-evaluated this weekend. … Former Wizards Gilbert Arenas, Caron Butler and Antawn Jamison were honored during halftime. Butler is an assistant coach for Miami. … Beal passed Elvin Hays for third place in franchise history with his 737th steal.
UP NEXT
Heat: At Cleveland on Sunday night.
Wizards: Host Charlotte on Sunday night.
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___
More AP NBA: https://apnews.com/NBA and https://twitter.com/AP_Sports | https://www.seattlepi.com/sports/article/Beal-scores-27-points-Wizards-outlast-Heat-17596709.php | 2022-11-19 04:55:56 | 0 | https://www.seattlepi.com/sports/article/Beal-scores-27-points-Wizards-outlast-Heat-17596709.php |
WASHINGTON — More than 40 million Americans could see their student loan debt reduced — and in many cases eliminated — under the long-awaited forgiveness plan President Joe Biden announced Wednesday, a historic but politically divisive move in the run-up to the midterm elections.
Fulfilling a campaign promise, Biden is erasing $10,000 in federal student loan debt for those with incomes below $125,000 a year, or households that earn less than $250,000. He’s canceling an additional $10,000 for those who received federal Pell Grants to attend college.
It’s seen as an unprecedented attempt to stem the tide of America’s rapidly rising student debt, but it doesn’t address the broader issue — the high cost of college.
Republicans quickly denounced the plan as an insult to Americans who have repaid their debt and to those who didn’t attend college. Critics across the political spectrum also questioned whether Biden has authority for the move, and legal challenges are virtually certain.
Biden also extended a pause on federal student loan payments for what he called the “final time.” The pause is now set to run through the end of the year, with repayments to restart in January.
“Both of these targeted actions are for families who need it the most: working and middle class people hit especially hard during the pandemic,” Biden said at the White House Wednesday afternoon.
The cancellation applies to federal student loans used to attend undergraduate and graduate school, along with Parent Plus loans. Current college students qualify if their loans were issued before July 1. For dependent students, their parents’ household income must be below $250,000.
Most people will need to apply for the relief. The Education Department has income data for a small share of borrowers, but the vast majority will need to prove their incomes through an application process. Officials said applications will be available before the end of the year.
Biden’s plan makes 43 million borrowers eligible for some debt forgiveness, with 20 million who could get their debt erased entirely, according to the administration. About 60% of borrowers are recipients of federal Pell Grants, which are reserved for undergraduates with the most significant financial need, meaning more than half can get $20,000 in relief.
Sabrina Cartan, a 29-year-old media strategist in New York City, is expecting her federal debt to get wiped out entirely. When she checked the balance Wednesday, it was $9,940.
Cartan used the loans to attend Tufts University, and with Biden’s plan she will be able to help her parents repay the additional thousands they borrowed for her education. As a first-generation college student, she called it a “leveling moment.”
“I know there are people who feel that this isn’t enough, and that is true for a lot of people,” said Cartan, who already has repaid about $10,000 of her loans. “I can say for me personally and for a lot of people, that is a lot of money.”
For Braxton Simpson, Biden’s plan is a great first step, but it’s not enough. The 23-year-old MBA student at North Carolina Central University has more than $40,000 in student loans. As an undergraduate student she took jobs to minimize her debt, but at $10,000 a semester, the costs piled up.
As a Black woman, she felt higher education was a requirement to obtain a more stable financial future, even if that meant taking on large amounts of debt, she said.
“In order for us to get out of a lot of the situations that have been systemically a part of our lives, we have to go to school,” Simpson said. “And so we end up in debt.”
The plan doesn’t apply to future college students, but Biden is proposing a separate rule that would reduce monthly payments on federal student debt.
The proposal would create a new payment plan requiring borrowers to pay no more than 5% of their earnings, down from 10% in similar existing plans. It would forgive any remaining balance after 10 years, down from 20 years now.
It would also raise the floor for repayments, meaning no one earning less than 225% of the federal poverty level would need to make monthly payments.
As a regulation, it would not require congressional approval. But it can take more than a year to finalize.
Biden’s plan comes after more than a year of deliberation, with the president facing strong lobbying from liberals who wanted sweeping debt forgiveness, and from moderates and conservatives who questioned its basic fairness.
Once a popular campaign promise during the presidential primary, the issue created an almost unwinnable situation. Some fellow Democrats criticized the plan Wednesday, saying it’s too costly and does little to solve the debt crisis.
“In my view, the administration should have further targeted the relief, and proposed a way to pay for this plan,” said Sen. Michael Bennet, D-Colo. “While immediate relief to families is important, one-time debt cancellation does not solve the underlying problem.”
Still, many Democrats rallied around it, including support from those who wanted Biden to go beyond $10,000.
“I will keep pushing for more because I think it’s the right thing to do,” said Sen. Elizabeth Warren, D-Mass., who had urged Biden to forgive up to $50,000 a person. “But we need to take a deep breath here and recognize what it means for the president of the United States to touch so many hard-working middle class families so directly.”
Proponents see cancellation as a matter of racial justice. Black students are more likely to take out federal student loans and at higher amounts than their white peers.
The NAACP, which pressed Biden to cancel at least $50,000 per person, said the plan is “one step closer” to lifting the burden of student debt.
Derrick Johnson, the group’s president, urged Biden to cancel the debt quickly and without bureaucratic hurdles for borrowers.
Biden’s decision to impose an income cap goes against objections from some who say adding the detailed application process to verify incomes could deter some borrowers who need help the most.
The Biden administration defended the cap as a gate against wealthier borrowers. Politically, it’s designed to counter arguments from critics who call debt cancellation a handout for the wealthy. Republicans hit hard with that argument on Wednesday despite the cap.
“President Biden’s inflation is crushing working families, and his answer is to give away even more government money to elites with higher salaries,” Senate GOP leader Mitch McConnell said. “Democrats are literally using working Americans’ money to try to buy themselves some enthusiasm from their political base.”
One of the chief political sticking points has been the cost: Biden’s new plan, including debt cancellation, a new repayment plan and the payment freeze, will cost between $400 billion to $600 billion, according to the Committee for a Responsible Federal Budget, a nonprofit that advocates for lower deficits.
Asked about the cost Wednesday, Susan Rice, Biden’s domestic policy adviser, said, “I can’t give you that off the top of my head.”
There are also lingering questions about the administration’s authority to cancel student loan debt. The Justice Department released a legal opinion concluding that the Higher Education Relief Opportunities for Students Act gives the Education secretary the “authority to reduce or eliminate the obligation to repay the principal balance of federal student loan debt.”
The legal opinion also concluded that the forgiveness could be applied on a “class-wide” basis in response to the coronavirus pandemic, a national emergency..
Lawsuits are likely nonetheless. The Job Creators Network, which promotes conservative economic policies, said it was considering legal options, with president and CEO Alfredo Ortiz calling the president’s effort “fundamentally unfair” to those who never took out loans for college.
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AP writers Zeke Miller Annie Ma and Sharon Lurye contributed to this report.
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The Associated Press education team receives support from the Carnegie Corporation of New York. The AP is solely responsible for all content.
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ATLANTA (AP) — The suspect in a mass shooting in Atlanta that left one woman dead and four others wounded has been charged with one count of murder and four counts of aggravated assault, Fulton County Jail records show.
Deion Patterson was awaiting his first court appearance Thursday after police say he opened fire in the waiting room of an Atlanta medical practice Wednesday. Workers and others in a bustling commercial district took shelter for hours during the manhunt.
Authorities swarmed the city’s midtown neighborhood shortly after noon in search of the shooter. Patterson, 24, was captured in Cobb County, just northwest of Atlanta.
Atlanta Police Deputy Chief Charles Hampton Jr. declined to discuss any details of the investigation or a possible motive, saying, “Why he did what he did, all of that is still under investigation.”
Patterson had an appointment at a Northside Medical building and opened fire shortly after arriving in an attack that lasted about two minutes, law enforcement officials said at a news conference Wednesday night. Patterson then went to a Shell gas station and took a pickup truck that had been left running and unattended, authorities said.
A 39-year-old woman was pronounced dead at the scene of the shooting, Atlanta Police Chief Darin Schierbaum said.
The Fulton County medical examiner’s office identified her as Amy St. Pierre. St. Pierre worked with the Centers for Disease Control and Prevention, the agency confirmed.
The CDC “is deeply saddened by the unexpected loss of a colleague killed today in the Midtown Atlanta shooting,” spokesperson Benjamin Haynes said in a statement. “Our hearts are with her family, friends, and colleagues as they remember her and grieve this tragic loss.”
The four wounded women — aged 25, 39, 56 and 71 — remained in critical but stable condition Wednesday night, according to Hampton, the deputy chief. Their names were not immediately released. | https://www.beaumontenterprise.com/news/article/atlanta-shooting-suspect-has-been-charged-with-18078378.php | 2023-05-04 14:09:57 | 0 | https://www.beaumontenterprise.com/news/article/atlanta-shooting-suspect-has-been-charged-with-18078378.php |
A prehistoric predator is making a splash in the headlines.
"Usually around July 4th, the media will take off on sharks," said Greg Skomal, a fisheries biologist at the Massachusetts Division of Marine Fisheries.
Documented shark encounters are being reported all along Americas beaches, from sightings in Hawaii to bite marks in New York's Long Island. The coverage has come with concern leading many to wonder: What's going on with the all sharks?And more importantly, should we be worried about getting in the water?
"What we're seeing this year is kind of similar to the last year, I mean, in terms of shark sightings, shark interactions," Skomal said.
Skomal is the author of "Chasing Shadows: My Life Tracking the Great White Shark." He says the shark activity documented so far this year, while scary for those involved, is pretty on par with what scientists would expect.
"If you throw the media frenzy on top of that, and you're going to have a summer that looks like the summer of the shark, but this is really what it looked like last summer as well," Skomal said.
The International Shark Attack File, or ISAF, is a compilation of all known shark attacks managed by the Florida Museum of Natural History and the American Elasmobranch Society.
In 2022, the ISAF investigated 108 alleged shark-human interactions worldwide. Of those, 57 were confirmed to be "unprovoked," with five fatalities. That's lower than the 70-per-year average for the five years prior.
The ISAF notes that the U.S. once again recorded the most unprovoked shark bites last year — 41 of them to be precise — with Florida being the state to document the most with 16.
Overall, shark bites in 2022 tied with 2020 for a 10-year low. But as of July 7, there have reportedly been 37 unprovoked incidents so far this year.
While there is no current data to suggest shark attacks are on the rise, Skomal says it's worth noting that there are evolving factors at play when it comes to shark populations.
SEE MORE: Tech becoming vital in ensuring safety amidst rising shark encounters
"We also have been working diligently in the U.S. to restore shark populations on both coasts, both coastlines, with regulations and mandates behind those regulations that call for sustainability," Skomal said.
Skomal added that changes to the environment like climate change could be a factor in where and when encounters occur.
"Some of what we're seeing off of Long Island could be an expansion of their range as waters warm here in New England in the summertime, so some of the species — like perhaps blacktip sharks, spinner sharks, the bull sharks — are now being encountered more routinely off Long Island," Skomal said. "They could, of course, be implicated in some of these bites, which, of course, has public safety repercussions."
Experts say there has also been a shift in just how aware we are of the sharks around us.
"We're doing a better job of seeing them," said Larry Cahoon, a biological oceanographer at the University of North Carolina, Wilmington said. "They are out there. But now with drone technology and all the video capacity that we have, we see a lot more sharks. They're not attacking us any more readily than they ever have before, but we're much more aware of them because the imagery is compelling, let's put it that way."
Cahoon says overall, sharks really aren't interested in humans.
"The vast majority of situations where a shark knows that you are in the water nearby, that shark wants nothing to do with you," Skomal said.
And as for being safe in the water, he says to make sure you know the risk before swimming.
"Talk to the local public safety officials, get a sense of what the risk is and then make a decision. Then go from there," Skomal said. "But, you know, don't just go to the beach and think everywhere you swim is going to be wonderful and perfect, and take some responsibility for what you do for yourself."
Trending stories at Scrippsnews.com | https://www.kxxv.com/with-all-the-recent-shark-activity-should-you-stay-out-of-the-water | 2023-07-22 20:20:14 | 0 | https://www.kxxv.com/with-all-the-recent-shark-activity-should-you-stay-out-of-the-water |
The town of Darlington held the first Independence Day celebration of the year in Harford County with fireworks on Saturday.
Several downpours washed out the parade that was planned for Saturday afternoon and organizers said it will not be rescheduled.
“We have worked hard all year,” Mike Waid, one of the organizers, posted on Facebook. “This is hard to look at the weather after all the countless hours of preparation and planning. We had to get permits to close the roads and pay police to block the roads, so it’s not something we can just reschedule.”
Also planned with the parade was a celebration at Francis Silver Park with food trucks, lawn games for children and a karaoke contest with cash prizes. That, too, was rained out.
However, a few residents took advantage of a break in the rain and created their own version of the parade, riding various vehicles down the parade route while some who had gathered for the original parade stood along the route and waved.
The stormy weather paused just long enough Saturday night for the fireworks show.
“The Darlington Lions held out until early Saturday afternoon, before deciding that the forecast was too ominous to proceed with the parade and post-parade entertainment,” said Larry Burton, president of the Darlington Lions Club, which sponsors the annual festivities. “However, a decision on the fireworks was delayed and provided enough time for the skies to clear and allow for the fireworks display to proceed. While the crowd was not as robust as typical, there were still several hundred people in attendance to witness what turned out to be a great show.” | https://www.baltimoresun.com/maryland/harford/aegis/cng-ag-darlington-independence-celebration-2023-20230626-bnzpqguoo5bbph7cgowvq7wxpm-story.html | 2023-06-26 22:21:35 | 1 | https://www.baltimoresun.com/maryland/harford/aegis/cng-ag-darlington-independence-celebration-2023-20230626-bnzpqguoo5bbph7cgowvq7wxpm-story.html |
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By The Associated Press
Even as the Kremlin moved to absorb parts of Ukraine in a sharp escalation of the conflict, the Russian military suffered new defeats that highlighted its deep problems on the battlefield and opened rifts at the top of the Russian government.
The setbacks have badly dented the image of a powerful Russian military and added to the tensions surrounding an ill-planned mobilization. They have also fueled fighting among Kremlin insiders and left Russian President Vladimir Putin increasingly cornered.
Here is a look at the latest Russian losses, some of the reasons behind them and the potential consequences.
STRING OF DEFEATS IN THE NORTHEAST, SOUTH
Relying on Western-supplied weapons, Ukraine has followed up on last month’s gains in the northeastern Kharkiv region by pressing deeper into occupied areas and forcing Russian troops to withdraw from the city of Lyman, a key logistical hub.
The Ukrainian army has also unleashed a broad counteroffensive in the south, capturing a string of villages on the western bank of the Dnieper River and advancing toward the city of Kherson.
The Ukrainian gains in the Kherson region followed relentless strikes on the two main crossings over the Dnieper that made them unusable and forced Russian troops on the western bank of the Dnieper to rely exclusively on pontoon crossings, which also have been repeatedly hit by the Ukrainians.
Phillips P. O’Brien, professor of strategic studies at the University of St Andrews, predicted more Russian failures in Kherson, noting that it’s “hard to stabilize a line when your logistics are stretched, your troops are exhausted and your opponent is much, much smarter.”
Pressed against the wide river and suffering severe supply shortages, Russian troops face a looming defeat that could set the stage for a potential Ukrainian push to reclaim control of the Crimean Peninsula, which Moscow annexed in 2014.
MILITARY SHORTAGES AND COMMAND WOES
Military reporters and bloggers embedded with Russian troops in Ukraine have painted a bleak picture of an ill-equipped and poorly organized force under incompetent command.
With the war in its eighth month, the Russian military suffers from an acute shortage of personnel, lack of coordination between units and unstable supply lines.
Many Russian units also have low morale, a depressed mood that contrasts sharply with Ukraine’s well-motivated forces.
Unlike the Ukrainian military, which has relied on intelligence data provided by the U.S. and its NATO allies to select and strike targets, the Russian army has been plagued by poor intelligence.
When Russian intelligence spots a Ukrainian target, the military engages in a long process of securing clearance to strike it, which often drags on until the target disappears.
Russian war correspondents particularly bemoaned the shortage of drones and noted that Iranian-supplied drones have not been used for maximum effectiveness due to the poor selection of targets.
KREMLIN CALLS UP MORE TROOPS, ANNEXES TERRITORY
Russian President Vladimir Putin responded to the Ukrainian counteroffensive by ordering a partial military mobilization, which aims to round up at least 300,000 reservists to beef up forces along the 1,000-kilometer front line in Ukraine.
At the start of the invasion, Ukraine declared a sweeping mobilization, with a goal of forming a 1 million-member military. Russia until that moment had tried to win the war with a shrinking contingent of volunteer soldiers. The U.S. put the initial invading force at up to 200,000, and some Western estimates put Russian casualties as high as 80,000 dead, wounded and captured.
While the hawkish circles in Moscow welcomed the mobilization as long overdue, hundreds of thousands of Russian men fled abroad to avoid being recruited, and protests flared up across the country, raising new challenges to the Kremlin.
Fresh recruits posted images showing them being forced to sleep on the floor or even in the open air. Some reported being handed rusty weapons and told to buy medical kits and other basic supplies themselves. In a tacit recognition of supply problems, Putin dismissed a deputy defense minister in charge of military logistics.
The mobilization offers no quick fix for Russia’s military woes. It will take months for the new recruits to train and form battle-ready units.
Putin then upped the ante by abruptly annexing the occupied regions of Ukraine and voicing readiness to use “all means available” to protect them, a blunt reference to Russia’s nuclear arsenal.
RIFTS OPEN UP AT THE TOP
In an unprecedented sign of infighting in the higher echelons of the government, the Kremlin-backed regional leader of Chechnya, Ramzan Kadyrov, has scathingly criticized the top military brass, accusing them of incompetence and nepotism.
Kadyrov blamed Col. Gen. Alexander Lapin for failing to secure supplies and reinforcements for his troops that led to their retreat from Lyman. He declared that the general deserves to be stripped of his rank and sent to the front line as a private to “wash off his shame with his blood.”
Kadyrov also directly accused Russia’s top military officer, Gen. Valery Gerasimov, of covering up Lapin’s blunders — a pointed attack that fueled speculation that the Chechen leader might have forged an alliance with other hawkish members of the Russian elite against the top military leadership.
In a blunt statement, Kadyrov also urged the Kremlin to consider using low-yield nuclear weapons against Ukraine to reverse the course of the war, a call that appeared to reflect the growing popularity of the idea among the Kremlin hawks.
In a show of continuing support for Kadyrov, Putin promoted him to colonel general to mark his birthday, a move certain to anger the top brass. And while Kremlin spokesman Dmitry Peskov described Kadyrov’s statement as overly emotional, he strongly praised the Chechen leader’s role in the fighting and his troops’ valor.
In another sign of intensifying dissent at the top, Yevgeny Prigozhin, a millionaire businessman dubbed “Putin’s chef,” lashed out at the governor of St. Petersburg, charging that his failure to provide assistance for Prigozhin’s Wagner private security company amounts to supporting Ukraine.
Some other members of the Russian elite offered quick support for Kadyrov and Prigozhin, who have increasingly served as frontmen for the hawkish circles in Moscow.
Retired Lt. Gen. Andrei Gurulev, a senior member of the lower house of Russian parliament, strongly backed the Chechen leader, saying that the Russian defeat in Lyman was rooted in the top brass’ desire to report only good news to Putin.
“It’s a problem of total lies and positive reports from top to bottom,” he said.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://wtmj.com/national/2022/10/06/explainer-russias-military-woes-mount-amid-ukraine-attacks/ | 2022-10-06 10:24:29 | 1 | https://wtmj.com/national/2022/10/06/explainer-russias-military-woes-mount-amid-ukraine-attacks/ |
BEIJING (AP) — China’s government on Friday rejected as “far-fetched and unprofessional” a report by a U.S. security firm that blamed Chinese-linked hackers for attacks on hundreds of public agencies, schools and other targets around the world.
A foreign ministry spokesperson repeated accusations that Washington carries out hacking attacks and complained the cybersecurity industry rarely reports on them.
Mandiant’s report came ahead of a visit to Beijing by Secretary of State Antony Blinken aimed at repairing relations that have been strained by disputes over human rights, security and other irritants. Blinken’s visit was planned earlier this year but was canceled after what the U.S. government said was a Chinese spy balloon flew over the United States.
The report said hackers targeted email to engage in “espionage activity in support of the People’s Republic of China.”
“The relevant content is far-fetched and unprofessional,” said the Chinese spokesperson, Wang Wenbin.
“American cybersecurity companies continue to churn out reports on so-called cyberattacks by other countries, which have been reduced to accomplices for the U.S. government’s political smear against other countries,” Wang said.
The latest attacks exploited a vulnerability in a Barracuda Networks email system and targeted foreign ministries in Southeast Asia, other government agencies, trade offices and academic organizations in Taiwan and Hong Kong, according to Mandiant.
It described the attacks as the biggest cyber espionage campaign known to be conducted by a ”China-nexus threat actor” since a 2021 attack on Microsoft Exchange. That affected tens of thousands of computers.
China is regarded, along with the United States and Russia, as a leader in the development of computer hacking for military use. Security consultants say its military also supports hobbyist hacking clubs that might work for outsiders.
Barracuda announced on June 6 that some of its its email security appliances had been hacked as early as October, giving the intruders a back door to compromised networks.
Mandiant said the email attacks focused on issues that are priorities for China, particularly in the Asia Pacific region. It said the hackers searched for email accounts of people working for governments of political or strategic interest to China at the time they were participating in diplomatic meetings.
Earlier this year, Microsoft said state-backed Chinese hackers have been targeting U.S. critical infrastructure and could be laying the technical groundwork for the potential disruption of critical communications between the U.S. and Asia during future crises. | https://www.localsyr.com/news/national/china-calls-hacking-report-far-fetched-and-accuses-the-us-of-targeting-the-cybersecurity-industry/ | 2023-06-17 02:34:11 | 1 | https://www.localsyr.com/news/national/china-calls-hacking-report-far-fetched-and-accuses-the-us-of-targeting-the-cybersecurity-industry/ |
NEW YORK (AP) — The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive.
The rate increase will likely make it even costlier to borrow for homes, autos and other purchases. But if you have money to save, you’ll probably earn a bit more interest on it.
The latest rate increase is smaller than the Fed’s half-point rate hike in December and its four straight three-quarter-point increases earlier last year. The slowdown reflects the fact that inflation, while still high, is easing, and some parts of the economy seem to be cooling.
But it’s still an increase, to a range of 4.5% to 4.75%. And many economists say they still fear that a recession remains possible — and with it, job losses that could cause hardship for households already hurt by inflation.
Here’s what to know:
WHAT’S PROMPTING THE RATE INCREASES?
The short answer: Inflation. Over the past year, consumer inflation in the United States has clocked in at 6.5% — a figure that reflects a sixth straight monthly slowdown but still uncomfortably high.
The Fed’s goal is to slow consumer spending, thereby reducing demand for homes, cars and other goods and services, eventually cooling the economy and lowering prices.
Fed Chair Jerome Powell has acknowledged in the past that aggressively raising rates would bring “some pain” for households but said that doing so is necessary to crush high inflation.
WHICH CONSUMERS ARE MOST AFFECTED?
Anyone borrowing money to make a large purchase, such as a home, car or large appliance, will likely take a hit. The new rate will also increase monthly payments and costs for any consumer who is already paying interest on credit card debt.
“It’s already been a really rough year with folks with credit card debt, and it’s only going to get worse,” said credit analyst Matt Schulz of LendingTree. “The immediacy of the increase is what’s hard — that it affects not just future purchases but current balances.”
That said, Scott Hoyt, an analyst with Moody’s Analytics, noted that household debt payments, as a proportion of income, remain relatively low, though they have risen lately. So even as borrowing rates steadily rise, many households might not feel a much heavier debt burden immediately.
HOW WILL THIS AFFECT CREDIT CARD RATES?
Even before the Fed’s latest move, credit card borrowing rates had reached their highest level since 1996, according to Bankrate.com, and these will likely continue to rise.
There are also signs that Americans are increasingly relying on credit cards to help maintain their spending. Total credit card balances have topped $900 billion, according to the Fed, a record high, though that amount isn’t adjusted for inflation.
“Right now, most people may have jobs and rising incomes, but they’re looking to the horizon and seeing storm clouds start to build,” said Nationwide Senior Economist Ben Ayers. “It’s really an inflection point for the economy.”
As rates have risen, zero percent loans marketed as “Buy Now, Pay Later” have become popular with consumers. But longer-term loans of more than four payments that these companies offer are subject to the same increased borrowing rates as credit cards.
For those who don’t qualify for low-rate credit cards because of weak credit scores, the higher interest rates are already affecting their balances.
John Leer, chief economist at Morning Consult, a survey research firm, said its polling suggests that more Americans are spending down the savings they accumulated during the pandemic and are using credit instead. Eventually, rising rates could make it harder for those households to pay off their debts.
For those who have home equity lines of credit or other variable-interest debt, rates will increase by roughly the same amount as the Fed hike, usually within one or two billing cycles. That’s because those rates are based in part on banks’ prime rate, which follow the Fed’s.
HOW ARE SAVERS AFFECTED?
The rising returns on high-yield savings accounts and certificates of deposit (CDs) have put them at levels not seen since 2009, which means that households may want to boost savings if possible. You can also now earn more on bonds and other fixed-income investments.
Though savings, CDs, and money market accounts don’t typically track the Fed’s changes, online banks and others that offer high-yield savings accounts can be exceptions. These institutions typically compete aggressively for depositors. (The catch: They sometimes require significantly high deposits.)
In general, banks tend to capitalize on a higher-rate environment to boost their profits by imposing higher rates on borrowers, without necessarily offering juicer rates to savers.
WILL THIS AFFECT HOME OWNERSHIP?
Last week, mortgage buyer Freddie Mac reported that the average rate on the benchmark 30-year mortgage dipped to 6.13% from 6.15% the week prior. A year ago, the average rate was much lower: 3.55%. That means the rate on a typical home loan is still almost twice as expensive as it was a year ago.
Mortgage rates don’t always move in tandem with the Fed’s benchmark rate. They instead tend to track the yield on the 10-year Treasury note.
Sales of existing homes have declined for 11 straight months as borrowing costs have become too high a hurdle for many Americans who are already paying much more for food, gas and other necessities.
WILL IT BE EASIER TO FIND A HOUSE IF I’M STILL LOOKING TO BUY?
If you’re financially able to proceed with a home purchase, you’re likely to have more options now.
WHAT IF I WANT TO BUY A CAR?
With shortages of computer chips and other parts easing, automakers are producing more vehicles. Many are even reducing prices or offering limited discounts. But rising loan rates and lower used-vehicle trade-in values have erased much of the savings on monthly payments.
“With the interest that you’re going to pay, those payments might not look too dissimilar to what they were a few months ago,” said Ivan Drury, director of insights for Edmunds.com. “It’s like every single time we hear one piece of good news, it’s being offset by pieces of bad news.”
Since the Fed began raising rates in March, the average new vehicle loan has jumped from 4.5% to 6.9%, according to Edmunds data. Used vehicle loans are up 2.5 percentage points to 10.6%. Loan durations are averaging roughly 70 months — nearly six years — for both new and used vehicles.
Edmunds says that since March, monthly payments have risen by an average of $71 to $728 for new vehicles. For used vehicles, it’s up just $3 a month to $546.
Financing a new vehicle, with an average price of $48,516 as of December, now costs $8,769 in interest, Drury said. That’s enough to chase many out of the auto market.
Any Fed rate increase is typically passed through to auto borrowers, though it will be slightly offset by subsidized rates from manufacturers.
HOW HAVE THE RATE HIKES INFLUENCED CRYPTO?
Cryptocurrencies like bitcoin have dropped in value since the Fed began raising rates. So have many previously high-valued technology stocks.
Higher rates mean that safe assets like Treasuries become more attractive to investors because their yields have increased. That makes risky assets like technology stocks and cryptocurrencies less attractive.
Still, bitcoin continues to suffer from problems separate from economic policy. Three major crypto firms have failed, most recently the high-profile FTX exchange, shaking the confidence of crypto investors.
WHAT ABOUT MY JOB?
The nation’s employers kept hiring in December, adding a healthy 223,000 jobs. The unemployment rate fell from 3.6% to 3.5%, matching a 53-year low. At the same time, the jobs gain was the smallest in two months, suggesting a slowdown, with pay growth also easing.
“Things are moderating and slowing down, but the labor market is still relatively strong,” said Nick Bunker, Economic Research Director at hiring site Indeed. “One of the reasons the Fed continues to raise rates is that it thinks the labor market is too strong.”
Some economists argue that layoffs could slow rising prices, and that a tight labor market fuels wage growth and higher inflation.
While layoffs are now historically low, there’s also the possibility there will simply be fewer job openings in coming months.
“I think a lot of the hikes are behind us,” Bunker said. “But there’s the potential the labor market is going to deteriorate for some people, so people should be alert to a continued slowdown.”
WILL THIS AFFECT STUDENT LOANS?
Borrowers who take out new private student loans should prepare to pay more as as rates increase. The current range for federal loans is between about 5% and 7.5%.
That said, payments on federal student loans are suspended with zero interest until summer 2023 as part of an emergency measure put in place early in the pandemic. President Joe Biden has also announced some loan forgiveness, of up to $10,000 for most borrowers, and up to $20,000 for Pell Grant recipients — a policy that’s now being challenged in the courts.
IS THERE A CHANCE THE RATE HIKES WILL BE REVERSED?
It looks increasingly unlikely that rates will come down anytime soon.
“We’re expecting inflation will still be too hot for the Fed even by the end of the year,” said Nationwide’s Ayers. “We predict it won’t be until next year that they begin to lower rates.”
___
AP Business Writers Christopher Rugaber in Washington, Tom Krisher in Detroit and Damian Troise and Ken Sweet in New York contributed to this report.
___
The Associated Press receives support from Charles Schwab Foundation for educational and explanatory reporting to improve financial literacy. The independent foundation is separate from Charles Schwab and Co. Inc. The AP is solely responsible for its journalism. | https://www.krqe.com/news/top-stories/ap-top-headlines/ap-heres-what-the-fed-interest-rate-hike-means-for-you-2/ | 2023-02-02 20:48:54 | 0 | https://www.krqe.com/news/top-stories/ap-top-headlines/ap-heres-what-the-fed-interest-rate-hike-means-for-you-2/ |
The Makers of Nature Made® Vitamins lead among Bank of America, DHL, IBM, Upwork and others
WEST HILLS, Calif., Aug. 12, 2022 /PRNewswire/ -- Pharmavite LLC, makers of Nature Made® vitamins and a pioneer in the health and wellness industry, announced today that it has been named a Gold Stevie® Award Winner for Workplace Health and Wellbeing in the seventh annual Stevie Awards for Great Employers. The Stevie Awards for Great Employers recognize the world's best employers and the human resources professionals, teams, achievements and HR-related products and suppliers who help to create and drive great places to work. Pharmavite won a Stevie Award for its comprehensive employee wellness program, PharmaFit.
"Pharmavite is honored to win a Gold Stevie® Award for Workplace Health and Wellbeing," said Christine Darragh, EVP, Chief Human Resources Officer of Pharmavite. "Our purpose to bring the gift of health to life starts with our employees, and our wellness program, PharmaFit, helps bring this to life by offering a holistic approach to support employees' health and wellbeing."
Since the PharmaFit Program's launch in 2017, it has grown to be a strategic, companywide wellness program that is supported and sponsored by Pharmavite's Leadership Team and has 92% employee enrollment.
When the pandemic hit in 2020, Pharmavite redesigned its wellness program to also be delivered virtually and by offering biweekly themed wellness guides, monthly wellness challenges, virtual yoga and meditation, and webinars focused on stress, anxiety and burnout. Pharmavite also broadened its wellness benefits to support the changing needs of its employees, including expanded mental health support resources, free digital memberships to ClassPass@Home and Peloton, Care.com access to support caregivers, free tutoring for employees' children, Zoom fitness classes for employees' children, free Lyra Health access for emotional support for employees and their families, and onsite wellness rooms including Peloton bikes and a space for yoga and meditation.
In response to Pharmavite's PharmaFit program, the Stevie Award judges noted that: "The wellness program, created by PharmaFit, offers a holistic approach to health and wellbeing. There are a number of initiatives sustaining this program and the engagement metric developed is already an indication of success. The address of mental health amongst employees is indeed noteworthy. The benefits created are an indication that employees and their families of this organization come first. The wellness strategy is well put in place."
More than 100 professionals worldwide participated in the judging process to select this year's Gold, Silver, and Bronze Stevie Award winners. Winners in the Employer of the Year categories were determined by a unique blending of the ratings of the professional judges and more than 80,000 public votes. The public vote was sponsored by HiBob.
"We congratulate all of the winners in the seventh edition of the Stevie Awards for Great Employers, and we look forward to celebrating them in Las Vegas on September 17, our first awards banquet since 2019," said Stevies president Maggie Miller.
Details about the Stevie Awards for Great Employers and the list of 2022 Stevie winners are available at www.StevieAwards.com/HR.
This is Pharmavite's fifth HR-related award in 2022, joining the company's awards from California HR Excellence for Best Culture Initiative, Best Learning Development Program and Best COVID-19 Support Initiative, along with the company being named a finalist as part of Fast Company's Best Workplaces for Innovators list.
About Pharmavite LLC
Pharmavite is a pioneer in the health and wellness industry, earning the trust of consumers, healthcare professionals and retailers by developing innovative vitamin and supplement solutions backed by science that adhere to strict manufacturing practices. Through its Nature Made®, EQUELLE®, MegaFood ®, Nurish by Nature Made® and Uqora brands, Pharmavite is dedicated to helping people live healthier, more vital lives. Based in California, Pharmavite is a subsidiary of Otsuka Pharmaceutical Co., Ltd. Visit www.pharmavite.com and follow us on LinkedIn for the latest news and information about Pharmavite and its brands.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
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SOURCE Pharmavite LLC | https://www.wafb.com/prnewswire/2022/08/12/pharmavite-honored-only-2022-gold-stevie-award-winner-workplace-health-wellbeing/ | 2022-08-12 13:54:54 | 1 | https://www.wafb.com/prnewswire/2022/08/12/pharmavite-honored-only-2022-gold-stevie-award-winner-workplace-health-wellbeing/ |
Tennessee house fire caused by space heater kills 4, 1 in critical condition
Memphis, TN firefighters responded to the call around 2 a.m. Tuesday
Four people died and one person was injured early Tuesday in a house fire in Memphis, authorities said.
Firefighters responded to the one-story home around 2 a.m., Memphis Fire Department spokeswoman Qwanesha Ward said in a news release.
Two adults and two children were killed the blaze, which was caused by a space heater in a rear bedroom, Ward said. Officials didn't release their names, but said the children were 8 and 10 years old and the adults were 33 and 62.
TENNESSEE COPS SEEK SUSPECT WHO KILLED 'OFFICIAL' STATE ANIMALS, DUMPED BODIES UNDER BRIDGE
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A fifth person found in the home was taken to a hospital in critical condition. It was not known if the house had a smoke alarm, the news release said.
"This situation is sad. I just want to urge the community to be mindful when using space heaters, and never leave them unattended," Ward told media outlets. | https://www.foxnews.com/us/tennessee-house-fire-caused-space-heater-kills-4-1-critical-condition | 2023-03-02 20:07:52 | 1 | https://www.foxnews.com/us/tennessee-house-fire-caused-space-heater-kills-4-1-critical-condition |
ATLANTA, July 20, 2023 /PRNewswire/ -- Archie L. Jones, Jr., Founder and CEO of global leadership development firm NxGen COACH Network, has been appointed to the Board of Directors of Chemonics International, Inc. Now a part of the team of thousands of global Chemonics employees in over 100 countries, Archie is excited to COACH, Create Opportunity And Cultivate Humanity, the next generation of leaders.
"COACHing is what Chemonics does globally, by promoting meaningful change around the world to help people live healthier, more productive, and more independent lives.", Archie L. Jones, Jr.
Archie founded NxGen COACH Network to develop leaders from underrepresented communities, aid in increasing candidate diversity in governance, and empower underinvested communities through economic justice. We partner with executives, advisors, investors, and educators to invest social, experiential, and leadership capital in the next generation of leaders because we recognize how this shift will drive value creation for organizations and society.
NxGen COACH Network proudly shares Chemonics' values including Caring, Excellence, Innovation, Integrity, and Opportunity. Chemonics, Inc. is a 100% employee-owned ESOP company. This allows employees to share directly in the growth and success of the company.
For more information about NxGen COACH Network, please visit nxgencoachnetwork.com.
About Archie L. Jones, Jr
Archie L. Jones, Jr. is an accomplished investor, advisor, educator, and author. He draws from his leadership journey to empower and coach the next generation of global leaders.
An award-winning Harvard Business School Professor, Archie develops and delivers curricular innovation focusing on entrepreneurial leadership. For three decades, he has led successful private equity investments and value creation in public and private companies including Merrill Lynch, Parthenon Capital, Kenexa, IBM, and NOW Corporation. With his focus on strategy, private equity and corporate M&A transactions, Archie led investments across a variety of industries and sectors in the US, Asia, and Europe. He is a Senior Advisor of Six Pillars Partners.
Archie currently serves on the Board of Directors of Fleetcor Technologies, Inc., Chemonics International, Inc. and was named one of Savoy Magazine's "Most Influential Black Corporate Directors''.
His social impact work with organizations such as Year Up and New Profit drive innovation and systemic change. Archie serves as Board Chairman of Project Evident, is a board member of the Mickey Leland Kibbutzim Foundation, and the Elev8 Foundation.
Archie is a NACD Certified Director, Certified Public Accountant, and graduate of Morehouse College and Harvard Business School.
Archie is available for speaking and training engagements. Direct all inquiries to Nicole Sellers (pr_requests@shisofirm.com) of The Shiso Firm.
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SOURCE NxGen COACH Network | https://www.wymt.com/prnewswire/2023/07/20/nxgen-coach-network-founder-ceo-archie-l-jones-jr-appointed-chemonics-international-inc-board-directors/ | 2023-07-20 13:06:30 | 0 | https://www.wymt.com/prnewswire/2023/07/20/nxgen-coach-network-founder-ceo-archie-l-jones-jr-appointed-chemonics-international-inc-board-directors/ |
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KHAN YOUNIS, Gaza Strip (AP) — When Israeli bombs began falling last week, 22-year-old Duniana al-Amour ran into her room and tried to escape into her art and drawing, just as she had during Gaza's past wars.
But this time around, her pencil never met the paper.
An Israeli shell struck outside her home on Friday, making her one of the first of at least 47 Palestinians — including 16 children — who were killed during three days of heavy fighting between Israel and the Islamic Jihad militant group. She was killed during Israel's surprise opening salvo, hours before militants had fired any rockets.
Her drawings, mostly black and white portraits of relatives, some killed in previous rounds of fighting in Gaza, can be seen in the shattered bedroom where she died. Her mother, her brother and two sisters-in-law were in another room baking bread and suffered only minor injuries. Days later, the bread sits out on a wooden tray — a still-life from the moment the shell hit.
One of her sisters-in-law, Simone, said al-Amour's life revolved around her art. “She painted whether she was happy or sad. She would bring a chair to the backyard, sit and draw. She drew all of us," Simone said.
Her death underscores the vulnerability of Palestinian civilians during the frequent conflicts, including four wars fought between Israel and the territory's militant Hamas rulers since they seized power in Gaza 15 years ago. The wars have killed more than 4,000 Palestinians, over half of whom were civilians, according to the United Nations. More than 100 people have been killed on the Israeli side.
Those killed during the latest violence include two senior Islamic Jihad commanders, one of whom Israel said it targeted in order to foil an imminent attack. But many civilians also perished, including as many as 16 who might have been killed by rockets misfired by Palestinian militants.
Islamic Jihad fired some 1,100 rockets, but the Israeli military said some 200 fell short and most of the rest were intercepted or fell in open areas. No Israelis were killed or seriously wounded in the latest round of fighting.
An Egyptian brokered cease-fire ended the violence late Sunday, but grief still hangs over the impoverished territory.
Gaza has also been under a crippling Israeli-Egyptian blockade since the Hamas takeover, which Israel says is needed to keep the militants from re-arming. Critics view the blockade, which severely limits movement in and out of the narrow seaside territory — home to more than 2 million Palestinians — as collective punishment.
Al-Amour had tried to escape Gaza's tribulations through art. Her relatives said she had little interest in politics and dreamed of making a Muslim pilgrimage to Mecca, in Saudi Arabia.
Her family home, nestled among farmland and olive groves near the border, was a bucolic escape from Gaza's densely-packed cities and refugee camps. It was also on the front line whenever a new round of fighting broke out.
The Israeli military said it “precisely attacked legitimate military targets” during the latest operation and made “every effort to prevent and minimize harm to civilians.” It did not immediately comment on the strike near al-Amour's home.
Israel destroyed several guard towers manned by Palestinian militants near the border, apparently with artillery or tank shells, including one about 500 meters (yards) from al-Amour's family home. The military distributed video showing some of the hits — the towers going up in smoke and the men inside vanishing in a flash.
All the family knows is that the shell that killed al-Amour came from the direction of the border fence. Mohammed al-Amour, Duniana's grieving brother, said that Israel, with its sophisticated surveillance and targeting capabilities, had to have known what it was aiming at.
“They brag about this technology," he said. "They know who is a civilian or not.”
___ Associated Press writer Joseph Krauss in Ottawa, Ontario, contributed to this report. | https://www.mrt.com/news/article/Young-Gaza-artist-was-among-those-killed-in-17364521.php | 2022-08-10 18:31:13 | 0 | https://www.mrt.com/news/article/Young-Gaza-artist-was-among-those-killed-in-17364521.php |
National Philanthropy Day honors outstanding achievements by individuals, foundations, corporate philanthropists, fundraising volunteers and professionals.
VALENCIA, Calif., Nov. 15, 2022 /PRNewswire/ -- The Association of Fundraising Professionals (AFP) Greater San Fernando Valley Chapter held its 36th annual awards celebration at California State University, Northridge on Thursday, November 3, 2022, in celebration of National Philanthropy Day. Tri Source International LLC (TSI), a leader in the outsourcing industry, was among the honorees, receiving the Outstanding Corporation in Philanthropy award for 2022.
TSI and its founder, Matt Reeser, have a long history of giving back to the community. For nearly two decades, TSI and the Reeser family have donated both time and money to North Los Angeles, the San Fernando Valley, and Santa Clarita. Other contributions include assisting the San Fernando Valley's diverse neighborhoods, collaborating with the Single Mother's Outreach "Adopt a Family" program, and providing monetary and in-kind support to the Children's Hunger Fund, neighborhood food pantries, and neighborhood schools.
"We want to work in silence and create opportunities for the communities that we serve," Reeser said. "It's not about the pat on the back. It's about the results we are able to achieve through our mission."
TSI was founded 12 years ago by Reeser on a two-fold mission: 1) to create a profitable business that connected Reeser and his wife, Wendy, to family in Central America, and 2) to give back to the diverse communities that TSI serves through job creation, career development, and community outreach programs. In recent years, TSI's operation has expanded beyond California and Central America into Mexico where there are now three contact centers with a capacity of over 3,000 teammates.
"The passion behind our business is getting that email that says, thanks to TSI I bought my first car, or I was able to buy my first house," Reeser added. "We offer more than a salary and a job. Our teammates are like family. This makes corporate giving even more important because we live and work in the communities that benefit from our outreach. And we really get to see the impact of our work first-hand."
The majority of this year's National Philanthropy Day awardees were small and medium-sized businesses (SMBs). According to Score.com, SMBs usually outperform their larger counterparts and play a significant role in corporate giving. Due to their smaller size versus Fortune 100 corporations, these SMBs typically contribute in a more meaningful way. According to a recent survey, small businesses spend 250% more to local nonprofits and community causes than larger businesses1.
For more information about Tri Source International, LLC please visit www.tsioutsourcing.com.
TSI, a premier supplier of call center outsourcing solutions, was established in 2012 and has offices and teams working across the US, Mexico, and Central America. As a dependable partner to more than 40 clients across multiple industries, TSI is dedicated to offering businesses cutting-edge solutions that complement their client's brands and encourage sales growth.
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SOURCE Tri Source International | https://www.wcjb.com/prnewswire/2022/11/16/tri-source-international-llc-recognized-by-afp-2022-philanthropy-day-event/ | 2022-11-16 03:06:22 | 0 | https://www.wcjb.com/prnewswire/2022/11/16/tri-source-international-llc-recognized-by-afp-2022-philanthropy-day-event/ |
This season will be the best in NBA history when it comes to shooting free throws.
Players have never been more accurate from the foul line than they have in recent years — and this year is the best of all. Including the regular season, teams are connecting on 78.2% of their free throws this season.
That’s 0.4% better than the record, set two seasons ago.
While that doesn’t sound like much — less than half a percentage point — it really is. Consider this: If Miami, Boston and Denver somehow combined to miss their next 329 free throws, the NBA would still be on pace for the greatest season ever from the line.
Including playoffs, the NBA’s best season from the foul line was 1973-74, when teams combined to shoot 77.1%. That mark lasted more than 40 years, until the combined free-throw rate was 77.2% in 2016-17.
And each of the last four seasons has been an even better clip than that: Teams shot 77.4% in 2019-20, 77.8% in 2020-21, dipped a bit to 77.5% last season, and are at 78.2% this season.
WHAT’S NEXT?
Boston will play host to Game 5 of the East finals on Thursday. If Game 6 is necessary, it would be Saturday in Miami, and a Game 7 — again, if necessary — would be Monday in Boston.
HOW TO WATCH
— The Eastern Conference finals are on TNT.
— All games are scheduled to start at 8:30 p.m. Eastern.
— Team broadcasters will no longer air games. Everything after the first round is exclusive to national windows and not available for local telecasts.
— The NBA Finals will be aired on ABC.
FANDUEL SAYS
Boston is favored by eight points in Game 5 of the East finals, according to FanDuel Sportsbook.
The Heat still remain favored to win the series, and the Nuggets are favored to win the title — no matter if Miami or Boston is the opponent.
Here’s an interesting offering: FanDuel says it’s roughly even money on whether Denver’s Nikola Jokic — who averaged a triple-double in each of the Nuggets’ last two series — will in the NBA Finals. At odds of -120, a $100 wager on Jokic averaging a triple-double would currently return about $183.
INSIDE THE NUMBERS
— Boston’s Jayson Tatum has 477 points so far in these playoffs. He’s 23 points away from becoming the 15th player in NBA history to score at least 500 points in two different postseasons. LeBron James has the most such postseasons, with nine.
— Miami’s flight to Boston was delayed on Wednesday. The Heat couldn’t take off because of bad weather, and didn’t deplane in Boston until around 8 p.m. — roughly three hours behind schedule.
— Thursday’s game will be the 106th between the Heat and the Celtics in the last 20 seasons. No two teams have played more during that span; San Antonio has faced Dallas and Memphis 104 times apiece over the last two decades.
QUOTABLE
“We want to come back to Miami. If that happens, I feel like we’ll feel good about ourselves. The next one should be fun. It should be a big one, and we’ve got to come ready to play.” — Boston’s Jaylen Brown, after the Celtics forced a Game 5 with a win in Miami on Tuesday night.
___
AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://www.wearegreenbay.com/sports/ap-sports/ap-nba-playoffs-its-going-to-be-the-best-season-from-the-foul-line-in-league-history/ | 2023-05-25 19:15:56 | 1 | https://www.wearegreenbay.com/sports/ap-sports/ap-nba-playoffs-its-going-to-be-the-best-season-from-the-foul-line-in-league-history/ |
ISTANBUL, Aug. 18, 2022 /PRNewswire/ -- D-MARKET Electronic Services & Trading (d/b/a "Hepsiburada") (NASDAQ: HEPS), a leading Turkish e-commerce platform ("Hepsiburada" or the "Company"), announced today that on August 17, 2022 it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5450(a)(1). For the prior 10 consecutive business days, the closing bid price of the Company's American depositary shares ("ADSs"), each representing one Class B ordinary share of the Company, had been at US$1.00 per ADS or greater. Nasdaq indicated within the letter that this matter is now closed.
About Hepsiburada
Hepsiburada is a leading e-commerce technology platform in Turkey, combining a globally proven e-commerce business model with a one-stop 'Super App' to cater to our customers' everyday needs and to help make people's daily lives better. Customers can access a broad range of products and services including same-day delivery of groceries and essentials, products from international merchants, airline tickets and payment services through our embedded digital wallet, Hepsipay. As at the end of March 2022, we had seamlessly connected 44.2 million members and 82.9 thousand Active Merchants.
Founded in Istanbul in 2000, Hepsiburada was built to lead the digitalization of commerce in Turkey. As a female-founded organization, we are committed to meaningful action to empower women. Through our 'Technology Empowerment for Women Entrepreneurs' programme, we have reached over 32 thousand female entrepreneurs across Turkey to date.
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SOURCE Hepsiburada | https://www.kswo.com/prnewswire/2022/08/18/hepsiburada-regains-compliance-with-nasdaq-minimum-bid-price-requirement/ | 2022-08-18 22:26:11 | 0 | https://www.kswo.com/prnewswire/2022/08/18/hepsiburada-regains-compliance-with-nasdaq-minimum-bid-price-requirement/ |
KYIV, Ukraine (AP) — Ukraine’s capital was subjected to the largest drone attack since the start of Russia’s war, local officials said, as Kyiv prepared to mark the anniversary of its founding on Sunday. At least one person was killed, but officials said scores of drones were shot down, demonstrating Ukraine’s air defense capability.
Russia launched the “most massive attack” on the city overnight Saturday with Iranian-made Shahed drones, said Serhii Popko, a senior Kyiv military official. The attack lasted more than five hours, with air defense reportedly shooting down more than 40 drones.
A 41-year-old man was killed and a 35-year-old woman was hospitalized when debris fell on a seven-story nonresidential building and started a fire, Kyiv Mayor Vitali Klitschko said.
Debris from a drone damaged the building of the Ukrainian Society of the Blind. On Sunday morning, organization member Volodymyr Golubenko came to pick up his things. He was helped by his son Mykola, who searched for his father’s belongings among the rubble and at the same time tried to describe to his father what his office looks like now.
“This wall on the right is destroyed and on left also,” said Mykola to his father.
Volodymyr Golubenko worked at this place for more than 40 years. He says it is a home for many blind people, because they come here to talk and support each other.
“If you don’t even have a job, it’s difficult to get a job now, because these events (war) have been going on since last year. At least people come here to chat,” said Volodymyr.
Like Golubenko, many people in his district heard the sound of Shahed drones for the first time. Among them was 36-year-old Yana, who has three boys. The family hid in a corridor all night.
“Something started to explode above us. The children ran here in fear,” said Yana.
Ukraine said that Saturday night was also record-breaking in terms of Shahed drone attacks across the country. Of the 59 drones launched, 58 were shot down by air defense systems, according to the military’s General Staff.
Russia has repeatedly launched waves of drone attacks against Ukraine, but most are shot down. Ukraine has also claimed this month to have downed some of Russia’s hypersonic Kinzhal missiles, which Russian President Vladimir Putin has touted as providing a key competitive advantage.
In the northeastern Kharkiv province, regional Gov. Oleh Syniehubov said a 61-year-old woman and a 60-year-old man were killed in two separate shelling attacks.
Kyiv Day marks the anniversary of the city’s official founding. The day is usually celebrated with live concerts, street fairs, exhibitions and fireworks. Scaled-back festivities were planned for this year, the city’s 1,541st anniversary.
The timing of the drone attacks was likely not coincidental, Ukrainian officials said.
“The history of Ukraine is a long-standing irritant for the insecure Russians,” Ukraine’s chief presidential aide, Andriy Yermak, said on Telegram.
“Today, the enemy decided to ‘congratulate’ the people of Kyiv on Kyiv Day with the help of their deadly UAVs (unmanned aerial vehicles),” Popko also wrote on the messaging app.
Local officials in Russia’s southern Krasnodar region said that air defense systems destroyed several drones as they approached the Ilsky oil refinery. The Russia-backed governor of Luhansk province in Ukraine’s far east, Leonid Pasechnik, said two people were killed Sunday in Ukrainian shelling of the town of Almaznaya.
Russia’s southern Belgorod region, bordering Ukraine, also came under attack from Ukrainian forces on Saturday, local officials said. Regional Gov. Vyacheslav Gladkov reported Sunday that a 15-year-old girl and a 17-year-old boy were wounded in the shelling.
Drone attacks against Russian border regions have been a regular occurrence since the start of the invasion in February 2022, with attacks increasing last month. Earlier this month, an oil refinery in Krasnodar was attacked by drones on two straight days.
Ukrainian air defenses, bolstered by sophisticated Western-supplied systems, have been adept at thwarting Russian air attacks — both drones and aircraft missiles.
Earlier in May, Ukraine prevented an intense Russian air attack on Kyiv, shooting down all missiles aimed at the capital. The bombardment, which additionally targeted locations across Ukraine, included six Russian Kinzhal aero-ballistic hypersonic missiles, repeatedly touted by Russian President Vladimir Putin as providing a key strategic competitive advantage and among the most advanced weapons in his country’s arsenal.
Sophisticated Western air defense systems, including American-made Patriot missiles, have helped spare Kyiv from the kind of destruction witnessed along the main front line in Ukraine’s east and south. While most of the ground fighting is stalemated along that front line, both sides are targeting other territory with long-range weapons.
Against the backdrop of Saturday night’s drone attacks, Russia’s ambassador to the U.K., Andrei Kelin, warned of an escalation in Ukraine. He told the BBC on Sunday his country had “enormous resources” and it was yet to “act very seriously,” cautioning that Western supplies of weapons to Ukraine risked escalating the war to a “new dimension.” The length of the conflict, he said, “depends on the efforts in escalation of war that is being undertaken by NATO countries, especially by the U.K.”
Kelin’s comments are typical of Russian officials’ rhetoric with regard to Moscow’s military might, but contradict regular reports from the battlefield of Russian troops being poorly equipped and trained.
Also on Sunday, the death toll from Friday’s missile attack on the central Ukrainian city of Dnipro, the regional capital of the Dnipropetrovsk province, rose to four. Regional. Gov. Serhii Lysak said that three people who were considered missing were confirmed dead. There were 32 people, including two children, wounded in the attack, which struck a building containing psychology and veterinary clinics.
___
Elise Morton reported from London.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://www.wric.com/news/u-s-world/ap-russia-launched-largest-drone-attack-on-ukrainian-capital-before-kyiv-day-1-killed/ | 2023-05-28 23:38:36 | 0 | https://www.wric.com/news/u-s-world/ap-russia-launched-largest-drone-attack-on-ukrainian-capital-before-kyiv-day-1-killed/ |
HOUSTON — Diesel prices are setting records, nationwide, as a gallon of the fuel now averages $5.72 as of Wednesday.
Drivers fueling up at a truck stop in east Houston said the pain at the pump is crippling as rising prices force some to park their rigs.
Houstonian Raymond Mayberry said he’s been a truck driver since 2003. He’s a self-employed trucker.
Even with the help of fuel-saving apps and a rewards program at the truck stop, Mayberry said he’s counting “every penny” because the almost-daily rise in diesel price affects his bottom line.
“It comes out of our profit. If you make $3,000, you’ve got to know $700 of that is coming out of your profit.”
The financial pain is enough to make Mayberry wince.
“Oh yeah. When I first started, diesel was $.99," he said.
Analysts expect fuel prices will continue to rise through the summer. Hurricanes in the Gulf of Mexico could drive prices even higher, which is why other truckers are counting their blessings.
The company Armando Sanchez drives for buys his diesel, but Sanchez said he still feels the sticker shock when he’s off the clock.
“I used to spend like $50. Right now I’m spending more than $100,” he said of filling up his personal vehicle. “I mean, it’s too high. It’s way too high.”
The rising costs of trucking trickle down to goods and groceries as companies struggle to manage inflation.
“These customers,” said Mayberry of the people who hire him to haul goods across the country. “They want to pay you the same amount they paid you six, seven months ago. They can’t do it. And me, I’ll let my truck sit.”
More than $700 worth of diesel fuel now gets Mayberry to Atlanta for his delivery. But with prices at the pump rising daily, truckers like Mayberry don’t yet know how much it will cost to get them home. | https://www.thv11.com/article/travel/diesel-prices-forcing-truck-drivers-to-sit-still/285-adaeb078-c653-4228-b410-5c6dd389b78a | 2022-06-09 14:51:07 | 0 | https://www.thv11.com/article/travel/diesel-prices-forcing-truck-drivers-to-sit-still/285-adaeb078-c653-4228-b410-5c6dd389b78a |
Bet these LeBron James and Draymond Green props for Lakers-Warriors Game 6
The Lakers welcome the Warriors to Los Angeles for Game 6 and we highlight two player props for Friday's contest.
Before Game 6 tips off from Los Angeles, we’re set to provide a pair of Lakers vs. Warriors predictions and best bets.
The Lakers have a chance to close out the series on Friday at home, but our focus will be on the game within the game — player prop bets. Having analyzed the ample markets available on each player, we’ve identified two that offer bettors a good chance to boost their bankroll, including one bet on LeBron James.
Odds come courtesy of BetMGM and are reflective at time of writing. Subject to change.
Lakers vs. Warriors props: LeBron James Over 9.5 Rebounds (+110)
There’s a bit of gambling calculus at the root of this play, so allow me to explain.
LeBron’s points, rebounds and assist totals are set at 26.5, 9.5 and 5.5, juiced -120, +110 and -130, respectively. However, if you dig deeper into the “player to record a double-double” odds, you’ll find LeBron’s odds listed at -110.
That strikes me as a bit odd given LeBron’s rebounding total is juiced to the under, so we’ll take the plus-money here to correlate with the odds for that play.
Through five games, LeBron has proved a very consistent rebounder. He’s grabbed nine or more in a majority of the five contests and no fewer than seven in any of these games.
He’s secured nine boards in each of the past two games.
Given the Lakers’ defensive prowess at home — they’ve limited Golden State to 198 total points in two LA games — that should lead to more missed shots and more rebounding opportunities.
Thus, back LeBron to secure 10 or more for the first time since Game 1.
» READ MORE: Knicks vs. Heat prediction: Three players to fade in Game 6 include Gabe Vincent, Obi Toppin
Lakers vs. Warriors props: Draymond Green Over 14.5 Rebounds + Assists (-130)
Save for that horrendous showing in Game 3, Green’s underlying stats have proved very efficient against the Lakers.
Across the past four contests, Green has surpassed this number in two, and he’s doing so with relative ease. In the two instances in which he overtook this number, he did so by combining for 20 and 17 rebounds + assists with one failure seeing him land on 14 rebounds + assists.
We’ve already mentioned our theory there won’t be many made shots in this contest — under 221 points is receiving 90% of the handle, suggesting fewer made shots — which means Green will have ample rebounding opportunities.
Remove that third game from the sample and bettors will find Green is averaging 8.75 rebounds per game and 6.75 assists per contest, combining for 15.5 rebounds + assists per game.
Barring another offensive explosion from the Lakers, Green should see a third straight double-digit rebounding game. From there, he needs only five assists to clear this number.
Action Network prop projections have Green slated for 17.2 rebounds + assists, so take the over at 14.5.
» READ MORE: Full sports betting coverage from The Philadelphia Inquirer
The Inquirer is not an online gambling operator, or a gambling site. We provide this information about sports betting for entertainment purposes only. | https://www.inquirer.com/sports/betting/nba/lakers-vs-warriors-predictions-player-props-odds-picks-game-6-20230512.html | 2023-05-12 18:17:12 | 0 | https://www.inquirer.com/sports/betting/nba/lakers-vs-warriors-predictions-player-props-odds-picks-game-6-20230512.html |
SAN FRANCISCO (AP) — Supervisors in San Francisco held a heated debate Tuesday over whether to give city police the ability to use potentially lethal, remote-controlled robots in emergency situations, with both sides accusing the other of reckless fearmongering.
Police oversight groups are urging the 11-member Board of Supervisors to reject the idea, saying it would lead to further militarization of a police force already too aggressive with poor and minority communities. They said the parameters under which use would be allowed are too vague.
The San Francisco Police Department said it does not have pre-armed robots and has no plans to arm robots with guns. But the department could deploy robots equipped with explosive charges “to contact, incapacitate, or disorient violent, armed, or dangerous suspect” when lives are at stake, SFPD spokesperson Allison Maxie said in a statement.
“Robots equipped in this manner would only be used in extreme circumstances to save or prevent further loss of innocent lives,” she said.
The proposed policy does not lay out specifics for how the weapons can and cannot be equipped, leaving open the option to arm them. “Robots will only be used as a deadly force option when risk of loss of life to members of the public or officers is imminent and outweighs any other force option available to SFPD,” it says.
The city’s board members are staunch Democrats who favor gun control, reproductive freedoms and civil rights protections, but they are deeply divided on support for law enforcement.
Several supervisors said it shocked them that a city accustomed to protesting the use of military drones would entertain the idea of allowing a robot to possibly kill a person. But others said police were making a reasonable request and were only carving out permission in case of catastrophe.
“Everything that was said in this hearing, I don’t see how a robot being armed with certain weaponry would save lives,” said Shamann Walton, president of the Board of Supervisors.
The vote comes under a new California law that requires police and sheriffs departments to inventory military-grade equipment and seek approval for their use. San Francisco police currently have a dozen functioning ground robots used to assess bombs or provide eyes in low visibility situations, the department says. They were acquired between 2010 and 2017.
The state law was authored last year by San Francisco City Attorney David Chiu while he was an assembly member. It is aimed at giving the public a forum and voice in the acquisition and use of military-grade weapons that have a negative effect on communities, according to the legislation.
San Francisco police did not immediately respond to a question about how the robots were acquired, but a federal program has dispensed grenade launchers, camouflage uniforms, bayonets, armored vehicles and other surplus military equipment to help local law enforcement.
In 2017, then-President Donald Trump signed an order reviving the Pentagon program after his predecessor, Barack Obama, curtailed it in 2015, triggered in part by outrage over the use of military gear during protests in Ferguson, Missouri, after the shooting death of Michael Brown.
The first time a robot was used to deliver explosives in the U.S. was in 2016, when Dallas police sent in an armed robot that killed a holed-up sniper who had killed five officers in an ambush.
Like many places around the U.S., San Francisco is trying to balance public safety with treasured civilian rights such as privacy and the ability to live free of excessive police oversight. In September, supervisors agreed to a trial run allowing police to access in real time private surveillance camera feeds in certain circumstances.
The San Francisco Public Defender’s office sent a letter Monday to the board saying that granting police “the ability to kill community members remotely” goes against the city’s progressive values. The office would like the board to reinstate language barring police from using robots against any person in an act of force.
On the other side of the San Francisco Bay, the Oakland Police Department has dropped a similar proposal after public backlash. | https://www.wric.com/news/u-s-world/san-francisco-debates-letting-police-deploy-robots-that-kill/ | 2022-11-30 04:02:34 | 1 | https://www.wric.com/news/u-s-world/san-francisco-debates-letting-police-deploy-robots-that-kill/ |
National & World News Here's what's happening for the migrants sent to Martha's Vineyard By Eve Zuckoff Published September 16, 2022 at 5:06 PM EDT Facebook Twitter LinkedIn Email Listen • 3:35 Migrants sent to Martha's Vineyard by Florida's governor have said they feel like they're being manipulated and are confused. Copyright 2022 NPR | https://www.nepm.org/national-world-news/national-world-news/2022-09-16/heres-whats-happening-for-the-migrants-sent-to-marthas-vineyard | 2022-09-16 21:59:56 | 0 | https://www.nepm.org/national-world-news/national-world-news/2022-09-16/heres-whats-happening-for-the-migrants-sent-to-marthas-vineyard |
LOLO - State wildlife officials have captured and relocated a pair of grizzly bears that had been roaming near homes between Lolo and Florence.
Montana Fish, Wildlife and Parks reports the two sub-adult grizzly bears were moved earlier this week to a remote spot in the nearby Sapphire Mountains.
The pair had been spending time in the northern Bitterroot since early August when they first moved south from the Blackfoot Valley, across the Sapphire Mountains, and then into an area south of Lolo.
- RELATED: Residents react to seeing grizzly bears in Lolo, Florence area
- RELATED: Explainer: Know the difference between grizzly and black bears
FWP notes that although the bears had not yet been in conflict with attractants or people, they were spending time near garbage, fruit trees and livestock food in recent weeks.
A news release states that "in consultation with the U.S. Fish & Wildlife Service (USFWS), FWP trapped, radio-collared and then relocated the bears to a remote area on the edge of the Welcome Creek Wilderness in the Sapphire Mountains."
Both bears were 2 years old, and one was a 230-pound male and the other a 172-pound female, likely siblings, according to FWP.
Two years old is a natural time for some bears to begin venturing out and exploring new territory, and FWP bear specialist, Jamie Jonkel, said this pair’s activity in the Bitterroot is a reminder of the bears’ natural expansion.
Although grizzly bears don’t inhabit the Bitterroot Valley in numbers like they do in many other parts of western Montana, grizzlies are moving into more places as they travel and activity has steadily increased over the past 10 years in the Bitterroot Valley.
“This is the time of year when more bears visit the valley bottoms in search of food and are often tempted by the attractants we have around our homes,” Jonkel said. “This year has been especially tough for bear conflicts, as there was a shortage of berries and other natural bear foods in many places.”
Black and grizzly bears are found throughout much of the western half of Montana with FWP noting it's important to keep the areas around homes free from bear attractants. FWP advises the following steps be taken around homes:
- Be sure to keep garbage indoors until the day of collection
- Remove bird feeders when bears are out and active
- Consider using electric fencing around chickens, garden areas and compost piles
- Move other attractants such as pet food, dirty barbecue grills and ripe fruit indoors or into a secure building.
People who see a bear or signs near residences that may result in a conflict should call a local bear specialist at the contact number found on FWP’s website. FWP also has additional information about how to "be bear aware" at fwp.mt.gov/conservation/wildlife-management/bear/be-bear-aware. | https://www.kxlf.com/news/montana-news/grizzly-bears-captured-near-lolo-and-relocated | 2022-10-04 22:19:37 | 1 | https://www.kxlf.com/news/montana-news/grizzly-bears-captured-near-lolo-and-relocated |
NEW YORK, May 22, 2023 /PRNewswire/ -- Seelos Therapeutics, Inc. (Nasdaq: SEEL) ("Seelos"), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced that it will participate in two upcoming healthcare conferences:
- the Benchmark Healthcare House Call Virtual Conference to be held on May 23rd; and
- the 2023 Jefferies Global Healthcare Conference to be held in New York City, NY, on June 7-9, 2023.
Seelos senior management will host one-on-one and small group meetings in the Benchmark Healthcare House Call Virtual Conference on May 23rd.
To register for the Benchmark Healthcare House Call Virtual Conference, please visit here.
Raj Mehra, Ph.D., Chairman and CEO of Seelos, will present on Thursday, June 8th at 9:00 AM ET at the Jefferies Global Healthcare Conference. Dr. Mehra and Seelos senior management will also host one-on-one meetings.
The Seelos presentation webcast at the 2023 Jefferies Global Healthcare Conference may be accessed here.
The 2023 Jefferies Global Healthcare Conference is an annual gathering of over 500 public & private healthcare companies and 3,000 leading executives, institutional investors, private equity investors & VCs, where attendees address near-term and long-term investment opportunities and discuss the current trends driving healthcare in the U.S. and internationally.
About Seelos Therapeutics
Seelos Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the development and advancement of novel therapeutics to address unmet medical needs for the benefit of patients with central nervous system (CNS) disorders and other rare diseases. The Company's robust portfolio includes several late-stage clinical assets targeting indications including Acute Suicidal Ideation and Behavior (ASIB) in Major Depressive Disorder (MDD), amyotrophic lateral sclerosis (ALS) and spinocerebellar ataxia (SCA), as well as early-stage programs in Huntington's disease, Alzheimer's disease, and Parkinson's disease.
For more information, please visit our website: http://seelostherapeutics.com, the content of which is not incorporated herein by reference.
Contact Information:
Anthony Marciano
Head of Corporate Communications
Seelos Therapeutics, Inc. (Nasdaq: SEEL)
300 Park Avenue
New York, NY 10022
(646) 293-2136
anthony.marciano@seelostx.com
https://seelostherapeutics.com/
https://twitter.com/seelostx
https://www.linkedin.com/company/seelos
Mike Moyer Managing Director
LifeSci Advisors, LLC
250 West 55th St., Suite 3401
New York, NY 10019
(617) 308-4306
mmoyer@lifesciadvisors.com
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SOURCE Seelos Therapeutics, Inc. | https://www.wymt.com/prnewswire/2023/05/22/seelos-therapeutics-participate-two-upcoming-healthcare-conferences/ | 2023-05-22 12:53:20 | 1 | https://www.wymt.com/prnewswire/2023/05/22/seelos-therapeutics-participate-two-upcoming-healthcare-conferences/ |
Restaurant chain Chipotle announced it is providing 2,000 health care professionals will free burritos for a year, totaling $1 million worth of food.
Chipotle said it will randomly pick health care workers for the prize the week of May 6.
"The morale of our healthcare heroes becomes more and more important each year," said Chris Brandt, Chipotle chief marketing officer. "With the help of our fans, we're starting a movement for genuine recognition of our medical professionals that will fuel many of them with real food for a full year."
Health care workers can register for the free burritos online. | https://www.abc15.com/news/national/chipotle-giving-nurses-doctors-free-burritos-for-a-year | 2022-04-28 17:50:16 | 1 | https://www.abc15.com/news/national/chipotle-giving-nurses-doctors-free-burritos-for-a-year |
ROSLYN HEIGHTS, N.Y., Aug. 16, 2022 /PRNewswire/ -- New York Bariatric Group (NYBG), the nationally renowned bariatric practice with the country's most accomplished bariatric surgeons establishes NYBG Veins and opens 2 offices in Nassau and Westchester County, New York. Utilizing NYBG methodology of combining the latest technology, talent, and experience, NYBG Veins was developed to diagnose and treat chronic venous diseases such as varicose veins, spider veins and venous insufficiency.
NYBG Veins will be led by accomplished Interventional Radiologist Dr. Jiyong Ahn. Dr. Ahn brings over 20 years of diverse experiences in diagnostic and interventional vascular radiology. Combining minimally invasive image-guided techniques with specialized training in phlebology, Dr. Ahn and his team can provide patients with customized vein treatment plans with reduced risks, less pain, and faster recovery.
"I am proud to be part of the NYBG Veins team," says Dr. Ahn. "We can provide best-in-class techniques to treat vein disorders in a patient friendly environment. Venous diseases present symptoms like cramping, pain, swelling, heaviness, itching, and throbbing with accompanying skin changes. If left untreated, it can lead to more serious and potentially life-threatening conditions. Discussing your concerns with a vein specialist is the first step in addressing the condition."
Vein disease can be contributed to several factors such as genetics, age, gender, pregnancies, obesity and even a job that involves standing for extended periods of time. Founder of NYBG, Dr. Shawn Garber explains why it was essential to develop NYBG Veins and provide resources to address vein disease, especially for those who are symptomatic and overweight. "Extra weight increases venous pressure and causes veins to stretch, dilate and bulge. Patients should consult a qualified vein specialist who has the skill and experience to properly address the condition, alleviate pain, and improve health outcomes."
The advanced treatment options available at NYBG Veins include Endovenous laser ablation (EVLA), Radiofrequency Ablations, a consistently direct heat treatment that collapses the damaged vein, thereby redirecting blood flow to healthy veins, and ultrasound-guided foam sclerotherapy, which seals off the unhealthy vein.
NYBG Veins is an affiliate of the New York Bariatric Group, the recognized leader in bariatric surgical procedures that elevate the standard of treatment with the most recently developed, innovative technologies and surgical techniques. NYBG Veins is committed to providing patients minimally invasive venous treatments that result in healthier legs.
NYBG Veins accepts most major insurances. For more information or to schedule an appointment, call 888-8-NYVEINS or visit StopObesityForLife.com
Related Links https://bariatric.stopobesityforlife.com/
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SOURCE New York Bariatric Group | https://www.wcjb.com/prnewswire/2022/08/16/new-york-bariatric-group-launches-nybg-veins/ | 2022-08-16 16:43:46 | 1 | https://www.wcjb.com/prnewswire/2022/08/16/new-york-bariatric-group-launches-nybg-veins/ |
(The Hill) — The Food and Drug Administration on Tuesday finalized a rule allowing hearing aids to be sold over the counter.
The Biden administration touted the announcement as helping make hearing aids more affordable.
Hearing aids available over the counter could be available as soon as mid-October in retail and drug stores, the administration said.
“As early as mid-October, Americans will be able to purchase more affordable hearing aids over the counter at pharmacies and stores across the country,” President Joe Biden said in a statement. “This action makes good on my commitment to lower costs for American families, delivering nearly $3,000 in savings to American families for a pair of hearing aids and giving people more choices to improve their health and wellbeing.”
The FDA noted that Congress passed legislation on over-the-counter hearing aids in 2017, but it was not fully implemented until now.
The rule allows people with mild to moderate hearing loss to purchase a hearing aid over the counter “without the need for a medical exam, prescription or a fitting adjustment by an audiologist,” the FDA said.
The administration also billed the move as helping increase competition, noting Biden called on the FDA to act in his executive order on increasing competition last year.
Close to 30 million adults in the U.S. could benefit from hearing aid use, the FDA said.
“It’s the latest action we are taking to make our economy more competitive and less concentrated,” Biden said. “When too few companies dominate, American consumers pay higher costs.” | https://www.wowktv.com/news/fda-finalizes-rule-to-make-hearing-aids-available-over-the-counter/ | 2022-08-16 17:37:22 | 1 | https://www.wowktv.com/news/fda-finalizes-rule-to-make-hearing-aids-available-over-the-counter/ |
CINCINNATI, Aug. 5, 2022 /PRNewswire/ -- Meridian Bioscience, Inc. (NASDAQ: VIVO) today announced financial results for the third quarter ended June 30, 2022.
Third Quarter Fiscal 2022 Highlights (Comparison to Third Quarter Fiscal 2021):
- Consolidated net revenues totaled $67.8 million, an increase of 7% year-over-year
- Diagnostics segment net revenues increased 36% year-over-year to a record $42.4 million
- Life Science segment delivered net revenues of $25.4 million, a decrease of 22%
Third Quarter Fiscal 2022 Results (Comparison to Third Quarter Fiscal 2021)
Consolidated net revenues for the third quarter of fiscal 2022 were $67.8 million, up 7% from $63.5 million in last year's third quarter. Diagnostics segment net revenues were up 36% year-over-year, while Life Science segment net revenues were 22% lower year-over-year. Our Diagnostics segment's net revenues from molecular products increased 11% compared to the prior year third quarter, and net revenues from non-molecular assay products increased 40%. Key contributors to the non-molecular assay year-over-year increase include the addition of the BreathTek® product line acquired in July 2021 and the increase in sales of LeadCare® products that were not shipping for a portion of the third quarter of fiscal 2021 due to a product recall. The Life Science segment experienced a significant shift in net revenues product mix from molecular reagents (62% decrease) to immunological reagents (48% increase), driven by lower overall demand in fiscal 2022 relative to the strong molecular test demand experienced in fiscal 2021 driven largely by COVID-19 testing.
Reported consolidated operating loss for the third quarter of fiscal 2022 was $6.7 million compared to operating income of $15.7 million in the third quarter of fiscal 2021. The consolidated operating loss was primarily driven by a $10 million estimated expense recorded in the third quarter related to the possible settlement of the previously disclosed and ongoing U.S. Department of Justice legal matter. Operating expenses also included: (i) increased selling and marketing costs in both the Diagnostics and Life Science segments, due, in part, to filling certain open positions and easing of COVID-19 related travel and meeting restrictions; (ii) increased general and administrative costs due, in part, to increased intangible asset amortization resulting from the acquisition of the BreathTek® business in July 2021; (iii) higher acquisition and transaction related expenses in connection with the recently signed definitive merger agreement discussed below; and (iv) the effect of the fiscal 2021 third quarter upward adjustment to the contingent consideration related to the fiscal 2019 acquisition of GenePOC Inc. On an adjusted basis, consolidated operating income was $9.4 million, reflecting a margin of 14%, down from the prior year quarter's $12.9 million and 20% margin (see non-GAAP financial measure reconciliation below). This year-over-year decrease was driven primarily by the decreased level of net revenues and gross margins within the Life Science segment, which resulted from the overall decline in COVID-19 related net revenues and the significant shift in product mix mentioned above.
Jack Kenny, Chief Executive Officer, commented, "The Diagnostics segment continues to perform well, delivering a third quarter with record net revenues of $42.4 million. As expected, Life Science segment net revenues declined, with reduced demand for COVID-19 related products."
Financial Condition
At June 30, 2022, cash and cash equivalents were $83.5 million and the Company had $175.0 million of available borrowing capacity under its $200.0 million commercial bank credit facility. The Company's obligations under the facility totaled $25.0 million as of June 30, 2022.
Fiscal 2022 Guidance & Conference Call
As announced on July 7, 2022, the Company entered into a definitive merger agreement whereby a newly formed affiliate vehicle of a Consortium, consisting of SD Biosensor, Inc. ("SDB") (KOSE: A137310) and SJL Partners LLC ("SJL") (collectively, the "Consortium"), will acquire Meridian. The transaction is expected to close in the fourth calendar quarter of 2022, subject to approval by Meridian shareholders, receipt of required regulatory approvals, the absence of specified material adverse outcomes of the Company's previously disclosed and ongoing investigation by the U.S. Department of Justice, and other customary closing conditions.
Due to the pending transaction, Meridian will no longer hold conference calls to discuss its quarterly financial results and withdraws its previously issued financial guidance for fiscal year 2022, last updated on May 6, 2022.
NON-GAAP FINANCIAL MEASURES
In this press release, we have supplemented our reported GAAP financial information with information on operating expenses, operating income (loss), operating margin, net earnings (loss), basic net earnings (loss) per share and diluted net earnings (loss) per share, each on an adjusted basis excluding the effects of acquisition and transaction related costs, litigation and select legal costs, and changes in fair value of acquisition consideration, each of which is a non-GAAP measure. We have provided in the tables below reconciliations to the operating expenses, operating income, net earnings, basic net earnings per share and diluted net earnings per share amounts reported under GAAP for the three and nine months ended June 30, 2022 and 2021.
We believe this information is useful to an investor in evaluating our performance because:
- These measures help investors to more meaningfully evaluate and compare the results of operations from period to period by removing the impacts of these non-routine items; and
- These measures are used by our management for various purposes, including evaluating performance against incentive bonus achievement targets, comparing performance from period to period in presentations to our board of directors, and as a basis for strategic planning and forecasting.
These non-GAAP measures may be different from non-GAAP measures used by other companies. In addition, the non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Non-GAAP measures have limitations, in that they do not reflect all amounts associated with our results as determined in accordance with GAAP. Therefore, these measures should only be used to evaluate our results in conjunction with corresponding GAAP measures.
FORWARD-LOOKING STATEMENTS
The Private Securities Litigation Reform Act of 1995 provides a safe harbor from civil litigation for forward-looking statements accompanied by meaningful cautionary statements. Except for historical information, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, which may be identified by words such as "continues", "estimates", "anticipates", "projects", "plans", "seeks", "may", "will", "expects", "intends", "believes", "signals", "should", "can", "guidance" and similar expressions or the negative versions thereof and which also may be identified by their context. All statements that address operating performance or events or developments that Meridian Bioscience, Inc. ("Meridian" or "the Company") expects or anticipates will occur in the future, including, but not limited to, statements relating to per share diluted net earnings, sales, product demand, net revenues, operating margin, other guidance and the impact of COVID-19 on its business and prospects, are forward-looking statements. Such statements, whether expressed or implied, are based upon current expectations of the Company and speak only as of the date made. Specifically, Meridian's forward-looking statements are, and will be, based on management's then-current views and assumptions regarding future events and operating performance. Meridian assumes no obligation to publicly update or revise any forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. These statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially, including, without limitation, the following:
Meridian's operating results, financial condition and continued growth depends, in part, on its ability to introduce into the marketplace enhancements of existing products or new products that incorporate technological advances, meet customer requirements and respond to products developed by Meridian's competition, its ability to effectively sell such products and its ability to successfully expand and effectively manage increased sales and marketing operations. While Meridian has introduced a number of internally developed products and acquired products, there can be no assurance that it will be successful in the future in introducing such products on a timely basis or in protecting its intellectual property, and unexpected or costly manufacturing costs associated with its introduction of new products or acquired products could cause actual results to differ from expectations. Meridian relies on proprietary, patented and licensed technologies. As such, the Company's ability to protect its intellectual property rights, as well as the potential for intellectual property litigation, would impact its results. Ongoing consolidations of reference laboratories and formation of multi-hospital alliances may cause adverse changes to pricing and distribution. Recessionary pressures on the economy and the markets in which the Company's customers operate, as well as adverse trends in buying patterns from customers, can change expected results. Costs and difficulties in complying with laws and regulations, including those administered by the United States Food and Drug Administration, and in complying with the ongoing investigation of the Department of Justice described in Meridian's reports filed with the SEC, can result in unanticipated expenses and delays and interruptions to the sale of new and existing products, as can the uncertainty of regulatory approvals and the regulatory process. The international scope of Meridian's operations, including changes in the relative strength or weakness of the U.S. dollar and general economic conditions in foreign countries, can impact results and make them difficult to predict. One of Meridian's growth strategies is the acquisition of companies and product lines. There can be no assurance that additional acquisitions will be consummated or that, if consummated, will be successful and that the acquired businesses will be successfully integrated into Meridian's operations. There may be risks that acquisitions may disrupt operations and may pose potential difficulties in employee retention, and there may be additional risks with respect to Meridian's ability to recognize the benefits of acquisitions, including potential synergies and cost savings or the failure of acquisitions to achieve their plans and objectives. Meridian cannot predict the outcome of future goodwill impairment testing and the impact of possible goodwill impairments on Meridian's earnings and financial results. Meridian cannot predict the possible impact of any modification or repeal of any of the provisions of current U.S. health care legislation, and any similar initiatives in other countries on Meridian's results of operations. Efforts to reduce the U.S. federal deficit, breaches of Meridian's information technology systems, trade wars, increased tariffs, and natural disasters and other events could have a materially adverse effect on Meridian's results of operations and net revenues. The Company can make no assurances that a material weakness in its internal control over financial reporting will not be identified in the future, which if identified and not properly corrected, could materially and adversely affect its operations and result in material misstatements in its consolidated financial statements. Meridian also is subject to risks and uncertainties related to the proposed acquisition by SD Biosensor, Inc., as well as disruptions to or reductions in business operations or prospects due to pandemics, epidemics, widespread health emergencies, or outbreaks of infectious diseases such as COVID-19, including, without limitation, related supply chain interruptions. In addition to the factors described in this paragraph, as well as those factors identified from time to time in the Company's filings with the Securities and Exchange Commission, Part I, Item 1A Risk Factors of the Company's most recent Annual Report on Form 10-K contains a list and description of uncertainties, risks and other matters that may affect the Company. Readers should carefully review these forward-looking statements and risk factors, and not place undue reliance on the Company's forward-looking statements.
About Meridian Bioscience, Inc.
Meridian is a fully integrated life science company that develops, manufactures, markets and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy and simplicity that are redefining the possibilities of life from discovery to diagnosis. Through discovery and development, we provide critical life science raw materials used in immunological and molecular tests for human, animal, plant, and environmental applications. Through diagnosis, we provide diagnostic solutions in areas including gastrointestinal and upper respiratory infections and blood lead level testing. We build relationships and provide solutions to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers, and biotech companies in more than 70 countries around the world.
Meridian's shares are traded on the NASDAQ Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.
Contact:
Charlie Wood
Vice President – Investor Relations
Meridian Bioscience, Inc.
Phone: +1 513.271.3700
Email: mbi@meridianbioscience.com
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SOURCE Meridian Bioscience, Inc. | https://www.wymt.com/prnewswire/2022/08/05/meridian-bioscience-reports-third-quarter-fiscal-2022-operating-results/ | 2022-08-05 12:57:00 | 1 | https://www.wymt.com/prnewswire/2022/08/05/meridian-bioscience-reports-third-quarter-fiscal-2022-operating-results/ |
Powell, Jeff, services are 1 p.m. Saturday at Young-Nichols Funeral Home, Tipton.
Adams, Donald, services are 1 p.m. Saturday at Lindsey Funeral Home.
Bicking, Annie Marie, Mass of Christian burial will be 11 a.m. Monday at St. Joan of Arc Catholic Church, 3155 S. 200 West, Kokomo.
Baker, Nell, services are 2 p.m. Monday at Shirley & Stout Funeral Home, 1315 W. Lincoln Road, Kokomo.
Frisch, Lois, a Mass of Christian Burial is 4 p.m. Monday at St. Joan of Arc Catholic Church, 315 S. 200 West, Kokomo.
Stutzman, Edwin, services are 11 a.m. Tuesday at Kokomo Church of the Brethren, 311 W. Lincoln Road, Kokomo.
Henry, Carol, services are noon Tuesday at Shirley & Stout Funeral Home, 1315 W. Lincoln Road, Kokomo.
Sorenson, Kris, a funeral mass is 10 a.m. Wednesday at St. John the Baptist Catholic Church.
Prunty, Patricia, services are 1 p.m. Wednesday at Stout & Son Funeral Home, 200 E. Main St., Russiaville.
Whitehouse, James, a celebration of life is 1 p.m. July 30 on the Madam Carroll on Lake Freeman in Monticello.
Plake, Ralph Anthony “Tony,” celebration of life will be at 2 p.m. Aug. 5 at Kemp United Methodist Church, Tipton. | https://www.kokomotribune.com/news/area_briefs/funeral-listings-july-15-2023/article_5d3149be-227f-11ee-9722-af4b858d849f.html | 2023-07-16 02:06:43 | 1 | https://www.kokomotribune.com/news/area_briefs/funeral-listings-july-15-2023/article_5d3149be-227f-11ee-9722-af4b858d849f.html |
In outlining the Phillies’ pitching plans for Game 4 of the National League Division Series, manager Rob Thomson kept it simple.
“Everybody’s available,” he said Saturday morning.
That included Zack Wheeler, apparently.
Never mind that Wheeler started Game 2 on Wednesday night, or that he was a possibility to start a potential winner-takes-all Game 5 on short rest Sunday back in Atlanta. If the Phillies needed their ace for a few outs in relief Saturday, they were ready to call on him.
It wasn’t necessary. For a second game in a row, the Phillies poured on the offense. Wheeler never had to go to the bullpen, and now, after the Phillies vanquished the Atlanta Braves — 8-3 in the game, 3-1 in the best-of-five series — Wheeler is available to start Game 1 of the NL Championship Series on Tuesday night.
Perfect, isn’t it?
In the first three games of the series, the task of patching together 27 outs was straightforward because the Phillies had their best three starters — Ranger Suárez, Wheeler, and Aaron Nola — lined up.
But Game 4 was always going to be trickier. For days, the Phillies talked about how they might approach it. They settled on Noah Syndergaard as the starter, even thought he hadn’t made a start since Oct. 1. Thomson said he would’ve been “really happy” with three innings from Syndergaard. That’s exactly what he got.
Syndergaard retired nine of 10 batters, yielding only a solo home run to Orlando Arcia. With 18 outs to get and a 4-1 lead, the Phillies passed the bullpen baton.
Andrew Bellatti for three outs.
Brad Hand for three more.
José Alvarado for five — and a celebratory wave as he walked off the mound to a standing ovation.
Zach Eflin for four outs.
By the time Seranthony Domínguez took the mound in the ninth inning, with 45,000 strong roaring and waving red rally towels, the Phillies had a five-run lead that felt like 15 runs and Wheeler tucked away for NLCS Game 1 on regular rest, followed by Aaron Nola on regular rest in Game 2.
Robertson recovering
David Robertson hasn’t thrown from a mound yet since he strained his calf while celebrating Bryce Harper’s homer in Game 2 of the wild-card series. But the veteran reliever thinks he’s closer to being ready to pitch.
“I’m doing everything they tell me to,” Robertson said. “I want to be active. I didn’t play all these games this year just to sit out and only get one appearance.”
Robertson said it’s “embarrassing” to have gotten injured while jumping up and down in the bullpen after Harper’s homer in the second inning last week in St. Louis. He received a platelet-rich plasma injection and has been getting treatment.
It’s not clear whether Robertson can be ready by the start of the NLCS. He’s a key member of the late-inning bullpen mix, with Domínguez, Alvarado, and Eflin.
”It was an awesome home run,” Robertson said. “I just need to stay within my limits.”
Acuña’s folly
When J.T. Realmuto’s third-inning drive banged off the wall in left-center field and rolled halfway across the outfield, Braves right fielder Ronald Acuña Jr. wasn’t backing up the play. Center fielder Michael Harris II had to retrieve the ball, enabling Realmuto to score on an inside-the-park home run.
A few notes on the play:
It was the 18th inside-the-park homer in postseason history, but the first by a catcher and by a Phillies player.
Realmuto has two regular-season inside-the-parkers, including one for the Miami Marlins against the Phillies on Aug. 24, 2017. The pitcher who allowed it: Jesen Therrien.
Extra bases
Among the local celebrities in attendance: Jeffrey Lurie and Joel Embiid. Lurie sat with Phillies owner John Middleton; Embiid held up a No. 21 Phillies jersey when he was shown on Phanavision. ... Alvarado said Hand was responsible for making the “Strike One, Strike Two, and Good Luck” T-shirts based on Alvarado’s comments after Game 1 against the Braves. ... Former Phillies outfielder Pat Burrell, a core member of the 2008 World Series-winning team, threw the ceremonial first pitch. | https://www.inquirer.com/phillies/phillies-nlcs-probable-pitchers-game-1-braves-mlb-playoffs-20221015.html | 2022-10-15 21:37:54 | 1 | https://www.inquirer.com/phillies/phillies-nlcs-probable-pitchers-game-1-braves-mlb-playoffs-20221015.html |
SUNDSVALL, Sweden, Oct. 28, 2022 /PRNewswire/ -- January-September 2022 compared with January-September 2021
- Net sales increased 13% to SEK 15,921m (14,059), which was mainly related to higher selling prices in all product areas.
- EBITDA increased 30% to SEK 8,213m (6,303). The increase was mainly attributable to higher selling prices in all product areas. Cost increases were largely offset through good control over SCA's own value chain with a high degree of self-sufficiency in wood and energy. EBITDA margin increased to 51.6% (44.8).
- Operating profit increased to SEK 7,052m (5,226).
- Operating cash flow increased to SEK 4,958m (3,453) and fully financed ongoing strategic investments.
- Earnings per share was SEK 7.85 (5.68)
July–September 2022 compared with July–September 2021
- Net sales were in line with the year-earlier period and amounted to SEK 5,007m (5,077).
- EBITDA decreased 7% to SEK 2,484m (2,684). The change was primarily attributable to lower selling prices for solid-wood products.
- EBITDA margin was 49.6% (52.9).
July–September 2022 compared with April–June 2022
- Net sales declined to SEK 5,007m (5,899), mainly related to lower delivery volumes and lower selling prices for solid-wood products.
- EBITDA amounted to SEK 2,484m (3,121). The decline was primarily attributable to lower selling prices for solid-wood products and lower delivery volumes. EBITDA margin was 49.6% (52.9).
KEY FIGURES
SUMMARY OF THE THIRD QUARTER OF 2022
Earnings for the third quarter decreased compared to the preceding quarter and the same quarter previous year, primarily related to lower selling prices for solid-wood products. Good control of SCA's own value chain with a high degree of self-sufficiency in wood and energy have offset cost increases resulting from rising inflation.
Operating cash flow was strong during the quarter, fully financing SCA's ongoing expansion project. This includes the expansion of kraftliner manufacturing in Obbola, Umeå, and the new facility in Ortviken, Sundsvall, for the production of chemi-thermomechanical pulp (CTMP). Both projects are proceeding on budget and the new production lines are expected to commence operation before year-end 2022, which is earlier than planned.
The supply of wood raw material to SCA's industries was stable during the quarter. The price of pulpwood and sawlogs increased gradually compared with the preceding quarter.
Demand for solid-wood products was weak in most markets in both the building materials trade and for new construction. Selling prices and delivery volumes declined compared with the preceding quarter on account of weaker demand.
Demand in the Pulp segment remained favorable during the quarter and selling prices in Europe increased. Delivery volumes decreased compared with the preceding quarter, mainly due to the planned maintenance stop that commenced at the end of the period.
Selling prices for kraftliner were stable during the quarter but demand declined somewhat from a high level as a result of lower demand for packaging. During the quarter, the new paper machine in Obbola successfully completed production tests and trimming has commenced.
INVITATION TO PRESS CONFERENCE
Members of the media and analysts are hereby invited to attend a press conference where this interim report will be presented by the President and CEO, Ulf Larsson, and by the CFO, Andreas Ewertz.
Time: Friday, October 28, 2022 at 10:00 a.m.
Venue: Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm, Sweden.
The press conference will be webcast live at www.sca.com. It is also possible to participate by telephone by calling:
Sweden: +46 20 089 6377
Finland: +358 9 2319 5437
UK: +44 (0) 33 0551 0200
US: +1 212 999 6659
Specify SCA Q3 Interim Report.
Please note:
This is information that SCA is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. This report has been prepared in both Swedish and English versions. In case of variations in the content between the two versions, the Swedish version shall govern. The information was submitted for publication, through the agency of the contact person set out below, on October 28, 2022 at 08:00 a.m. CEST. The report has not been reviewed by the company's auditors.
Anders Edholm, Svp Sustainability and Communications, +46 (0)60 19 32 12
For further information, please contact
Andreas Ewertz, CFO, +46 (0)60 19 31 97
Josefine Bonnevier, Investor Relations Director, +46 (0)60 19 33 90
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SOURCE SCA | https://www.kmvt.com/prnewswire/2022/10/28/scas-interim-report-q3-2022/ | 2022-10-28 07:47:55 | 1 | https://www.kmvt.com/prnewswire/2022/10/28/scas-interim-report-q3-2022/ |
FORT LAUDERDALE, Fla., July 26, 2023 /PRNewswire/ -- A joint venture between BLD Group and JSB Capital Group today announced that it has refinanced a portfolio of three Class A multifamily properties in Florida.
Two of the properties — the 308-unit V2 Apartments in Fort Myers, and the 220-unit Sunnyside Apartments in Panama City Beach — are in lease-up, while the third — the 336-unit Sundance Trails Apartments in Wildwood — has nearly completed construction.
Each of the communities features contemporary layouts with luxurious finishes, including stainless steel appliances and granite countertops, as well as property amenities that include state-of-the-art clubhouses, business centers, fitness centers, resort-style pools with grilling and sun decks, common area Wi-Fi and electric car outlets.
Eastdil Secured advised the joint venture on the financing, and a vehicle sub-advised by Rialto Capital Management originated the $156.5 million, five-year, floating rate loan that closed on July 14, 2023.
BLD Group's current focus is acquiring, entitling and developing sites in Florida, Colorado and the Southern United States. BLD Group's foundation is built on multiple generations of real estate development. Its principals have been involved in over ten billion dollars of real estate transactions, the development of over four million square feet of real estate, and the construction of over twelve thousand residential units. The firm seeks underserved markets with strong economic drivers. BLD Group's current development pipeline totals over 2,000 residential units and several commercial projects. The company is continuously searching for opportunities that will enhance the quality of life for those seeking to rent versus purchase a home.
JSB Capital Group is a privately-held real estate investment management firm with primary offices in Miami, New York City and Baltimore. JSB invests both directly and alongside best-in-class operators focused on specific asset classes, geographies and investment strategies. JSB has invested more than $3bn of equity, representing greater than $10bn of asset value across various asset classes, and has acquired or built nearly 50,000 apartment units across the United States. While its focus is multifamily assets, JSB actively sources opportunistic investments across the asset spectrum, seeking to devise creative capital markets and operational strategies to drive superior risk-adjusted cash yields and long-term returns.
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SOURCE BLD Group; JSB Capital | https://www.wkyt.com/prnewswire/2023/07/26/bld-group-jsb-capital-secure-1565-million-refinance-high-quality-multifamily-properties/ | 2023-07-26 13:31:45 | 1 | https://www.wkyt.com/prnewswire/2023/07/26/bld-group-jsb-capital-secure-1565-million-refinance-high-quality-multifamily-properties/ |
HOUSTON (AP) — A psychologist who worked for the San Antonio Spurs has sued the team and former player Josh Primo, claiming he exposed himself to her multiple times during private sessions.
Hillary Cauthen worked as a performance psychologist for the team. A lawsuit filed Thursday in Bexar County alleges that the 19-year-old Primo exposed his genitals to her nine times “despite her numerous complaints about Primo’s improper sexual conduct to the organization’s leadership.”
Cauthen spoke publicly about the allegations against Primo for the first time Thursday in an emotional press conference where she wept openly throughout.
“I am many things, but I’m not alone in the fight to do the right thing,” she said. “The right thing is to say: ‘No, this is not OK.’ To hold people accountable. To make systemic change. To protect those that suffer in silence.”
Primo was waived by the Spurs last Friday, just four games into his second NBA season.
Primo, through his attorney, denied any wrongdoing and lashed out at Cauthen’s claims, saying she is “playing to ugly stereotypes and racially charged fears for her own financial benefit,” and calling it an act of betrayal against a client.
“Dr. Cauthen’s allegations are either a complete fabrication, a gross embellishment or utter fantasy,” the attorney, William J. Briggs II, said. “Josh Primo never intentionally exposed himself to her or anyone else and was not even aware that his private parts were visible outside of his workout shorts.”
Spurs CEO R.C. Buford said the franchise disagrees “with the accuracy of facts, details and timeline presented today.”
“While we would like to share more information, we will allow the legal process to play out,” Buford said, adding that the Spurs remain “committed to upholding the highest standards and will continue to live by our values and culture.”
Attorney Tony Buzbee, who filed the lawsuit, said criminal charges against Primo could follow.
“There will be a criminal complaint filed for multiple counts of indecent exposure against Mr. Primo,” Buzbee said. “And we expect the authorities to prosecute.”
The lawsuit alleges that Primo first exposed himself to Cauthen in December and that she reported the behavior at that time. According to the lawsuit, “exposures happened on numerous occasions and grew progressively more extreme.”
Cauthen requested a meeting with Spurs general manager Brian Wright in January. She said she finally met with him on March 21, after several postponements, and laid out what she alleges Primo had done in their sessions.
After that meeting, she was asked to meet with Primo again in a public setting and the lawsuit alleges that he again exposed himself. He asked to meet with her again after that but she declined.
She said she had more meetings with Wright in the following months and met multiple times with lawyers from the Spurs organization. In July she wasn’t invited to accompany the team to the NBA Summer League in Las Vegas and, according to the lawsuit, the Spurs told her that they felt “she was unable to do her job in a professional manner due to what was now a lack of trust between her and the team.”
Cauthen had worked for the Spurs since April 2021. Her contract came up for renewal at the end of August and she was not retained.
“I was honored and grateful to have an opportunity to be embedded in the team,” she said. “It’s very rare to have someone that has the chance to build something within an organization, and I chose to build something with people that I trusted. And I feel like, more importantly, I lost the impact to help others (and) I lost my job.”
Buzbee said he hasn’t been contacted by any other women about Primo but that he expects he will in the coming days amid reports that Primo has allegedly exposed himself to others.
“It’s not about money, obviously,” Buzbee said. “This is about putting in place formalized protocols. … This needs to change and it needs to change now.”
Cauthen was asked how she felt when Primo was released months after she first reported the allegations to the team.
“There’s anger,” she said. “There’s sadness. There’s confusion.”
The Spurs took Primo with the 12th overall pick in the 2021 NBA draft after one season at Alabama. Primo averaged 5.8 points, 2.3 rebounds and 1.6 assists in his rookie season with the Spurs, and 7.0 points, 4.5 assists and 3.3 rebounds in four games with the Spurs this season.
The team recently picked up his third-year option, a largely procedural move that locked in a $4.3 million salary for next season and showed that he was expected to remain in the Spurs’ plans. He was making $4.1 million this season.
Had he been claimed by another team before Monday, that team would have been responsible for the $8.4 million Primo is owed. He cleared waivers Monday and is a free agent.
Buzbee also represented 24 women who sued Cleveland Browns quarterback Deshaun Watson for sexual assault or harassment when he was with the Houston Texans. Watson is serving an 11-game suspension from the NFL.
___
AP Basketball Writer Tim Reynolds contributed to this story.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-josh-primo-spurs-sued-by-former-team-psychologist/ | 2022-11-03 20:45:56 | 0 | https://cw33.com/sports/ap-sports/ap-josh-primo-spurs-sued-by-former-team-psychologist/ |
Pa. primary election 2023: When to expect results, how vote counting will work, and more
Pennsylvania county election officials expect to have results on election night. But the vote counting system remains cumbersome despite new improvements.
This story originally appeared on Spotlight PA.
In the four years since Pennsylvania dramatically expanded mail voting, politicians, county election administrators, and voters have frequently complained that it takes too long to produce unofficial results showing the winners.
Ahead of the state’s May 16 judicial and municipal primary, county officials told Spotlight PA they have worked out some of the ballot-counting kinks and expect a relatively quick turnaround.
Odd-year elections like this one usually see lower turnout compared to midterm and presidential elections; around 20% of registered voters cast ballots in odd-year primaries versus 30%-plus in even ones.
Regardless of the year, however, election administration is a logistical ballet.
“It still takes the same number of dance steps to complete the foxtrot whether we do a municipal or presidential election,” Jerry Feaser, Dauphin County’s election director, told Spotlight PA.
In 2019, former Democratic Gov. Tom Wolf signed Act 77, which allows voters to cast ballots by mail without an excuse, one of 27 such states. Previously, Pennsylvania had among the most restrictive rules for voting absentee.
The number of people who opted to vote by mail went from thousands to millions. Most other states allow mail ballots to be processed and counted before Election Day, but Pennsylvania did not adopt this practice, leading to a longer wait time for results in 2020. Former President Donald Trump seized on the delay to push the false narrative that the election was stolen from him.
Getting more time to process mail ballots is still a top priority for Pennsylvania counties. However, in recent sessions, Republicans who controlled the General Assembly were only willing to pass bills that would allow more pre-canvassing time if the measure was tied to their own priorities, such as expanding the commonwealth’s voter ID law or requiring stricter signature verification.
Mail voting has remained popular with Pennsylvania voters despite the snags. They are on track to request roughly the same number of mail ballots this municipal primary as they did in the latest one. For the May 2021 election, 800,000 Pennsylvania voters requested mail ballots; this year, 787,000 voters asked for one, of which 420,000 had been returned as of Friday.
Nick Custodio, spokesperson for the Philadelphia City Commissioners, the agency that oversees the city’s elections, said counting every vote will likely take days. The city must also wait to receive overseas ballots — which must be mailed before Election Day but can be received up to 7 days later — or settle disputes over provisional ballots, which people cast when their eligibility is uncertain.
However, the apparent winners may be clear before the county is finished.
“We could know election night, [or the] morning after,” Custodio said. “It depends on how close the elections are.”
Either way, the majority of the city’s mail ballots will be counted soon after polls close, Custodio said, thanks in part to its recent adoption of electronic poll books.
Feaser in Dauphin County said he also expects quick turnaround on mail votes, as seen in past elections. The county has used high-speed openers and scanners in recent years, and Feaser said with that technology he anticipates “99%” of mail ballot results will be posted online by 8:30 p.m., with in-person results trickling in afterward.
“Barring any mishaps, we should be done well before midnight,” he said.
Mishaps can and do happen. Luzerne County, in northeastern Pennsylvania, suffered a ballot shortage in the 2022 general election that forced polls to stay open for an extra two hours. A similar issue plagued York County in its 2021 municipal primary.
In April, Lancaster County announced that some 18,000 mail ballots for the primary incorrectly told voters to pick one candidate instead of two in an appellate court race. The county says it has already issued corrected ballots and doesn’t expect the snafu to slow down its count. Last year, the county finished counting ballots for the November general election around 3 a.m.
In more populous counties, which handle more ballots and have to manage a greater number of local races, the process can be more complicated.
Officials in those larger counties are undaunted heading into this election, however.
Amie Downes, a spokesperson for Allegheny County, said election administrators count mail ballots at a central warehouse and have scanners at individual precincts that can upload in-person results.
“There are over 1,000 candidates on these ballots because of the 130 municipalities and 43 school districts,” Downes said. “The municipal election is far more complicated, but the ‘counting’ process is the same.”
Pennsylvania’s counties tallied the results of the 2022 general election without major incident. The Associated Press, which calls races based on the votes tallied and those remaining, was able to project the winner of both the state’s gubernatorial and U.S. Senate races on election night.
Part of the reason for last year’s quick results was a compromise bill passed by the GOP-controlled legislature and signed by Wolf. Act 88 provides counties with $45 million in new funding for election administration while also bringing private election grants.
All but four of Pennsylvania’s 67 counties took state election grants last year, the conditions of which still apply for the upcoming primary: Counties must begin processing mail ballots at 7 a.m. on Election Day and continue without stopping, and they have to start counting all ballots at the close of polls at 8 p.m. on election night and continue counting without interruption.
But while results may be tallied faster, without pre-canvassing, the strain on local election officials remains, said County Commissioners Association of Pennsylvania Executive Director Lisa Schaefer.
“The counties’ ask for pre-canvassing is not just based on the timeliness of results but to also help counties better balance workloads, use resources, and not have to administer two elections on the same day,” Schaefer said in a statement, “and Act 88 did not move us toward that goal.”
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WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today. | https://whyy.org/articles/pa-primary-election-2023-results-vote-counting/ | 2023-05-15 16:26:32 | 0 | https://whyy.org/articles/pa-primary-election-2023-results-vote-counting/ |
BUFFALO, N.Y. (WIVB) — Students from across Western New York showed off their story-telling skills Friday night at Buffalo State College.
This marks the sixth year for the “Youth Voices Conference.”
Student presentations ranged from spoken word poetry to documentary films, in celebration of stories and talents of students in grades Kindergarten through 12. It’s also an opportunity to share experiences and hear other students’ perspectives.
Students from more than a dozen local schools attended the conference. | https://www.wivb.com/news/local-news/buffalo/youth-voices-conference-marks-six-year-anniversary/ | 2022-05-07 21:07:21 | 0 | https://www.wivb.com/news/local-news/buffalo/youth-voices-conference-marks-six-year-anniversary/ |
Turkey says Greek missiles locked on its fighters over Med
ISTANBUL (AP) — Turkey’s state-run news agency says Greek surface-to-air missiles locked on to Turkish F-16 fighter jets carrying out a reconnaissance mission in international airspace. The allegation is the latest claim from Turkey that its neighbor and fellow NATO member Greece has been targeting its aircraft above the eastern Mediterranean and Aegean Seas. The radar of a Greek S-300 missile system based on the island of Crete locked on to the Turkish jets on Aug. 23, Anadolu reported on Sunday, citing Defense Ministry sources. The F-16s were at an altitude of 10,000 feet to the west of Greece’s Rhodes island when the Russian-made S-300’s target tracking radar locked on, it added. | https://kion546.com/news/2022/08/28/turkey-says-greek-missiles-locked-on-its-fighters-over-med/ | 2022-08-28 10:46:24 | 1 | https://kion546.com/news/2022/08/28/turkey-says-greek-missiles-locked-on-its-fighters-over-med/ |
GOTHENBURG, Sweden, Aug. 31, 2022 /PRNewswire/ -- At the beginning of August 2022, Stena Polaris participated in US Air Force's annual re-supply mission Pacer Goose. The purpose of the mission is to re-supply the US Thule Air Base in the northwest corner of Greenland with life-sustaining supplies, i.e. fuels, building materials, vehicles and other types of heavier supplies. The operation is carried out every year in July or August, the only time of year weather conditions permit and when the ice is at its thinnest.
The Thule Air Base is operated by the US Air Force Space Command. The base was established in the 1940s and houses around 600 military personnel.
The Stena Polaris was used for the transport of 230,000 barrels of jet fuel. The journey from the port in Athens, Greece, through the Mediterranean, across the Atlantic and up through the Labrador Sea went well. The weather was good and the sea mostly ice-free. Stena Polaris was escorted into port by the two icebreakers Des Groseilliers and Ocean Gladiator.
Stena Polaris is since the beginning of 2022 contracted by Crowley Government Services Inc. Crowley in turn leases the vessel to the US Military Sealift Command, who use her for transportation of fuels to bases around the globe.
The Stena Polaris has been converted to meet requirements posed by the U.S. Department of Defense. Among other things, the ship has received equipment for bunkering military ships while at sea. Stena Polaris sails under the flag of United States and is manned by an American crew.
About Stena Polaris
Behind the concept, which was developed together with close partners Stena Bulk and Stena Teknik, is a need to operate in shallow waters and ports with more cargo than corresponding vessels of the same size class. To make this possible, the P-MAX tankers are considerably wider than traditional MR tankers. The increased volume means that they are able to transport up to 30 percent more cargo.
The P-MAX concept takes safety into a new dimension. The vessels are built with double systems for propulsion and manoeuvring, engines, shafts, generators, control and fuel systems, rudders and propellers. The engine rooms are separated by fireproof and watertight bulkheads and the bridge is equipped with a co-pilot system.
Stena Polaris is built with the second highest ice classification, 1A. The enhanced ice capacity enables transport in seas with difficult ice conditions. In 2013, for example, she sailed the Northeast Passage, the sea route north of Europe and Asia.
Technical facts:
183 m LOA, 40 m beam, Ice class 1A, buildt 2010 Split, DWT 65,200
For more information, please contact:
Erik Lewenhaupt CEO, Concordia Maritime AB
+46 704 855 188
erik.lewenhaupt@concordiamaritime.com
Concordia Maritime is an international tanker shipping company. We focus on safe, sustainable, and reliable transportation of refined oil products, chemicals, and vegetable oils. The Company's B shares were first listed on Nasdaq Stockholm in 1984.
This information was brought to you by Cision http://news.cision.com
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SOURCE Concordia Maritime | https://www.valleynewslive.com/prnewswire/2022/08/31/concordia-maritimes-stena-polaris-supports-operation-pacer-goose-greenland/ | 2022-08-31 17:28:33 | 1 | https://www.valleynewslive.com/prnewswire/2022/08/31/concordia-maritimes-stena-polaris-supports-operation-pacer-goose-greenland/ |
XENIA, Ohio (AP) — A former campus physician at Antioch College in southwest Ohio has been charged with multiple counts of rape and other sex crimes involving 15 women between 2017 and last year.
Donald Gronbeck, 42, was indicted Thursday in Greene County on 50 felony and misdemeanor charges that include nine counts of rape. He served as the campus physician at Antioch from 2015 through 2019 and maintained a medical practice in Yellow Springs where the small liberal arts school is located.
Gronbeck surrendered his medical license earlier this year after the State Medical Board of Ohio suspended him in late January based on complaints made by eight female patients.
He has been held in the Greene County Jail since his arrest Friday. He is scheduled to be arraigned on Thursday.
“There is definitely another version of the events as told by the prosecutor's office," Gronbeck’s attorney, John Paul Rion, said.
A Greene County sheriff's detective at a news briefing Monday said the investigation of Gronbeck was spurred by complaints from patients.
Ohio Attorney General Dave Yost at the news briefing called the allegations against Gronbeck “an incredibly graphic and brutal betrayal of trust.” He said one of the victims recorded a portion of the acts committed by Gronbeck.
Antioch College President Jane Fernandes in a statement released when Gronbeck's medical license was suspended in January said the school would be working with local authorities to “provide information and help ensure that a full accounting is made of any harms done" from Gronbeck's work at the school.
College spokesperson Matt Shetler did not respond to questions about when in 2019 that Gronbeck stopped working for Antioch or why he left the school's employment.
Gronbeck received his undergraduate degree from Antioch in 2002.
___
The story has been updated to note that Gronbeck receives his bachelor's degree from Antioch College in 2002, not 2002. | https://www.springfieldnewssun.com/news/ohio/former-ohio-college-physician-faces-multiple-rape-charges/5GY76Z2CPZCUXGKH2FEP3AX2FY/ | 2022-10-25 21:41:00 | 0 | https://www.springfieldnewssun.com/news/ohio/former-ohio-college-physician-faces-multiple-rape-charges/5GY76Z2CPZCUXGKH2FEP3AX2FY/ |
SHANGHAI, June 23, 2022 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce platform that delivers products directly to consumers around the world, today announced its unaudited financial results for the first quarter ended March 31, 2022.
First Quarter 2022 Financial Highlights
Mr. Jian He, Chief Executive Officer of LightInTheBox, commented, "Traditionally, the first quarter is slower in the e-commerce industry, but since the beginning of this year, we faced even more unprecedented challenges and macroeconomic uncertainties negatively affecting supply chain and consumer sentiment. To navigate the near-term headwinds and challenges, we continued to focus our efforts primarily on higher margin categories like apparel which we expect to continue to generate the majority share of total revenues this year. During the first quarter, apparel sales represented 71.7% of our total revenues, up by 13.7% to $67.2 million, compared with $59.1 million in the same quarter in the prior year. This is a testament to our strengths in apparel and the effective optimization of our product mix. Total revenues for the first quarter were $93.8 million, compared with $112.0 million in the same quarter of 2021 and gross margin improved to 50.7%, compared with 46.6% in the same quarter of 2021.
Despite the uncertainties in the first half of 2022, we continued to grow from strength-to-strength in our timely response strategies, supply chain restructuring and global coordination capabilities. We have grown stronger and more flexible to tap into more upside opportunities. We have come a long way to overcome all kinds of challenges and pressures over the past two years. We stand by our proven growth strategies to maintain competitive pricing on a wide selection of quality products. We will continue to invest in R&D and establish long-term close collaborations with our suppliers to offer the best value-for-money and globally sourced products on our shopping platforms."
First Quarter 2022 Financial Results
Total revenues decreased 16.3% year-over-year to $93.8 million from $112.0 million in the same quarter of 2021. Revenues generated from product sales were $91.4 million, compared with $109.4 million in the same quarter of 2021. Revenues from services and others were $2.4 million, compared with $2.6 million in the same quarter of 2021. Included in product sales, revenues from apparel increased by 13.7% to $67.2 million in the first quarter of 2022, compared with $59.1 million in the same quarter of 2021. Revenues from apparel represented 71.7% of total revenues in the first quarter of 2022, and 52.8% in the same quarter of 2021.
Total cost of revenues was $46.3 million in the first quarter of 2022, compared with $59.8 million in the same quarter of 2021. Cost for product sales was $45.1 million in the first quarter of 2022, compared with $59.0 million in the same quarter of 2021. Cost for services and others was $1.2 million in the first quarter of 2022, compared with $0.8 million in the same quarter of 2021.
Gross profit in the first quarter of 2022 was $47.5 million, compared with $52.3 million in the same quarter of 2021. Gross margin was 50.7% in the first quarter of 2022, compared with 46.6% in the same quarter of 2021. The increase in gross margin was a result of the Company's continuous efforts to optimize its product mix.
Total operating expenses in the first quarter of 2022 were $53.9 million, compared with $50.9 million in the same quarter of 2021.
- Fulfillment expenses in the first quarter of 2022 were $6.9 million, compared with $7.2 million in the same quarter of 2021. As a percentage of total revenues, fulfillment expenses were 7.3% in the first quarter of 2022, compared with 6.5% in the same quarter of 2021 and 6.7% in the fourth quarter of 2021.
- Selling and marketing expenses in the first quarter of 2022 were $39.0 million, compared with $35.6 million in the same quarter of 2021. As a percentage of total revenues, selling and marketing expenses were 41.6% for the first quarter of 2022, compared with 31.8% in the same quarter of 2021 and 36.3% in the fourth quarter of 2021.
- G&A expenses in the first quarter of 2022 were $8.1 million, compared with $8.4 million in the same quarter of 2021. As a percentage of total revenues, G&A expenses were 8.6% for the first quarter of 2022, compared with 7.5% in the same quarter of 2021 and 11.1% in the fourth quarter of 2021. Included in G&A expenses, R&D expenses in the first quarter of 2022 were $4.6 million, compared with $4.9 million in the same quarter of 2021 and $4.9 million in the fourth quarter of 2021.
Loss from operations was $6.4 million in the first quarter of 2022, compared with income from operations of $1.4 million in the same quarter of 2021.
Net loss was $5.5 million in the first quarter of 2022, compared with net income of $1.4 million in the same quarter of 2021.
Net loss per American Depository Share ("ADS") was $0.05 in the first quarter of 2022, compared with net income per ADS of $0.01 in the same quarter of 2021. Each ADS represents two ordinary shares.
In the first quarter of 2022, the Company's basic weighted average number of ADSs used in computing net income per ADS was 113,053,635.
Adjusted EBITDA, which represents (loss) / income from operations before share-based compensation expense, interest income, interest expense, income tax expense and depreciation and amortization expenses, was negative $4.6 million in the first quarter of 2022, compared with income of $2.3 million in the same quarter of 2021.
As of March 31, 2022, the Company had cash and cash equivalents and restricted cash of $42.8 million, compared with $59.6 million as of December 31, 2021.
Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, we use the following non-GAAP financial measures to help evaluate our operating performance:
"Adjusted EBITDA" represents (loss) / income from operations before share-based compensation expense, interest income, interest expense, income tax expense and depreciation and amortization expenses. Although other companies may calculate adjusted EBITDA differently or not present it at all, we believe that the adjusted EBITDA helps to identify underlying trends in our operating results, and facilitate investors' understanding of the past performance and future prospect.
Conference Call
The Company will hold a conference call to discuss the results at 8:00 a.m. Eastern Time on June 23, 2022 (8:00 p.m. Beijing Time on the same day).
Preregistration Information
Participants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/2886814. Once preregistration has been completed, participants will receive dial-in numbers, an event passcode, and a unique registrant ID.
To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the event passcode followed by your unique registrant ID, and you will be joined to the conference instantly.
A telephone replay will be available two hours after the conclusion of the conference call through June 29, 2022. The dial-in details are:
Additionally, a live and archived webcast of the conference call will be available on the Company's Investor Relations website at http://ir.lightinthebox.com.
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a cross-border e-commerce platform that delivers products directly to consumers around the world. The Company offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.sg and other websites and mobile applications, which are available in 25 major languages and cover more than 140 countries.
For more information, please visit www.lightinthebox.com.
Investor Relations Contact
Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 1548
Email: ir@lightinthebox.com
OR
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
Forward-Looking Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets" and similar statements. Among other things, statements that are not historical facts, including statements about LightInTheBox's beliefs and expectations, the business outlook and quotations from management in this announcement, as well as LightInTheBox's strategic and operational plans, are or contain forward-looking statements.
LightInTheBox may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in press releases and other written materials and in oral statements made by its officers, directors or employees to fourth parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward- looking statement, including but not limited to the following: LightInTheBox's goals and strategies; LightInTheBox's future business development, results of operations and financial condition; the expected growth of the global online retail market; LightInTheBox's ability to attract customers and further enhance customer experience and product offerings; LightInTheBox's ability to strengthen its supply chain efficiency and optimize its logistics network; LightInTheBox's expectations regarding demand for and market acceptance of its products; competition; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in LightInTheBox's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and LightInTheBox does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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SOURCE LightInTheBox Holding Co., Ltd. | https://www.wkyt.com/prnewswire/2022/06/23/lightinthebox-reports-first-quarter-2022-financial-results/ | 2022-06-23 10:13:10 | 1 | https://www.wkyt.com/prnewswire/2022/06/23/lightinthebox-reports-first-quarter-2022-financial-results/ |
TOKYO (AP) — Japan will lift most of its coronavirus border controls, including a requirement that entrants show proof of three vaccinations or a pre-departure negative test, beginning Saturday as the country’s Golden Week holiday season begins and a large influx of foreign tourists is expected.
All entrants with symptoms will still be required to take COVID-19 tests after arriving until May 8, and those who test positive will be placed in designated quarantine facilities, Chief Cabinet Secretary Hirokazu Matsuno told reporters. After May 9, testing of those with symptoms will be voluntary.
Japan will also drop a special measure subjecting visitors from mainland China to random testing upon arrival that was implemented in late December when infections surged there, he said.
The government had originally planned to implement the changes on May 8, when it will downgrade the official status of the coronavirus to a common infectious disease like seasonal influenza, but decided to speed them up for the holiday season beginning Saturday.
Japan’s government dropped its requests for mask wearing in March, leaving it up to each person’s discretion. Most Japanese continue to wear them, although they are only recommended now in crowded trains, hospitals and other public spaces, and near elderly and other vulnerable people.
COVID-19 is currently categorized as a Class 2 disease along with SARS and tuberculosis, which allows restrictions on the movements of patients and their close contacts and the issuing of emergency measures by the government. Downgrading it to Class 5 will scrap those rules. | https://fox59.com/news/health/ap-health/japan-to-lift-covid-19-border-controls-before-holiday-week/ | 2023-04-28 17:31:26 | 0 | https://fox59.com/news/health/ap-health/japan-to-lift-covid-19-border-controls-before-holiday-week/ |
ISLAMABAD (AP) — U.N. Secretary-General Antonio Guterres said Friday that the world owes impoverished Pakistan “massive” help in recovering from the summer’s devastating floods because the country bears less blame than many other nations for climate change, which experts say contributed to the deluge.
Months of heavy monsoon rains and flooding have killed 1,391 people and affected 3.3 million in this South Asian nation while half a million people have become homeless. Planeloads of aid from the United States, the United Arab Emirates and other countries have begun arriving, but Guterres said there’s more to be done.
Nature, the U.N. chief said in Islamabad, has attacked Pakistan, which contributes less than 1% of global emissions, according to multiple experts.
Nations that “are more responsible for climate change … should have faced this challenge,” said Guterres, sitting next to Pakistani Prime Minister Shehbaz Sharif.
“We are heading into a disaster,” Guterres added. “We have waged war on nature and nature is tracking back and striking back in a devastating way. Today in Pakistan, tomorrow in any of your countries.”
The U.N. chief’s trip comes less than two weeks after Guterres appealed for $160 million in emergency funding to help those affected by the monsoon rains and floods that Pakistan says have caused at least $10 billion in damages.
“I appeal for massive support from the international community as Pakistan responds to this climate catastrophe,” Guterres tweeted after landing in Pakistan earlier Friday.
He said other nations contributing to climate change are obligated to reduce emissions and help Pakistan. He assured Sharif that his voice was “entirely at the service of the Pakistani government and the Pakistani people” and that “the entire U.N. system is at the service of Pakistan.”
“Pakistan has not contributed in a meaningful way to climate change, the level of emissions in this country is relatively low,” Guterres said. “But Pakistan is one of the most dramatically impacted countries by climate change.”
On Friday, the first planeload arrived from the U.S. , which Washington says is part of an upcoming $30 million in assistance. More U.S. military planes are expected to arrive in the coming days as part of a humanitarian bridge set up by Washington to deliver much-need aid across the country.
USAID announced an additional $20 million Friday in humanitarian assistance for Pakistan, further enhancing U.S. pledges.
Later, Guterres directed his words at the international community, saying that by some estimates, Pakistan needs about $30 billion to recover from the floods.
“Even today, emissions are rising as people die in floods and famines. This is insanity. This is collective suicide,” he said. “From Pakistan, I am issuing a global appeal: Stop the madness; end the war with nature; invest in renewable energy now.”
So far, U.N. agencies and several countries have sent nearly 60 planeloads of aid, and authorities say the UAE has been one of the most generous contributors and sent so far 26 flights carrying aid for flood victims.
Also Friday, Samantha Power, the administrator of USAID, met with Pakistan’s Foreign Minister Bilawal Bhutto Zardari in Islamabad. She later told reporters she had visited flood-hit areas in Sindh province on Thursday, and she witnessed widespread destruction caused by floods.
The floods have touched all of Pakistan, including heritage sites such as Mohenjo Daro, a UNESCO World Heritage Site considered one of the best-preserved ancient urban settlements in South Asia. The civilization that dates back 4,500 years, coinciding with those of ancient Egypt and Mesopotamia.
The U.N. heritage agency on Thursday announced it would send $350,000 to help recover flood-damaged cultural heritage sites.
Speaking at a press conference with Foreign Minister Bhutto Zardari, Guterres underscored the importance of combatting climate change.
“It is happening now all around us and I urge governments to address this issue,” he said and added that what he has done so far as the U.N. chief is “a drop in the ocean of the needs of the Pakistani people”.
He said a proposal for a donors conference for flood-hit Pakistan is under discussion.
Since June, heavy rains and floods have added new burdens to cash-strapped Pakistan and highlighted the disproportionate effect of climate change on impoverished populations. Experts say Pakistan is responsible for only 0.4% of the world’s historic emissions that are blamed for climate change. The U.S. is responsible for 21.5%, China for 16.5% and the European Union for 15%.
The floods in Pakistan have also injured 12,722 people, destroyed thousands of miles of roads, toppled bridges and damaged schools and hospitals, according to the National Disaster Management Agency. | https://www.wric.com/news/u-s-world/ap-un-chief-appeals-to-world-to-help-badly-flood-hit-pakistan/ | 2022-09-10 03:17:29 | 1 | https://www.wric.com/news/u-s-world/ap-un-chief-appeals-to-world-to-help-badly-flood-hit-pakistan/ |
CHARLESTON, W.Va. (AP) — A company building a long-delayed natural gas pipeline has lost a key water permit after a federal appeals court ruled that West Virginia didn’t adequately assess the impact of building the Mountain Valley Pipeline across streams and wetlands.
Siding with environmental groups, the court said Monday the state Department of Environmental Protection’s justifications for its 2021 water quality certification were “deficient,” the Charleston Gazette-Mail reported.
The 303-mile (487-kilometer) pipeline across rugged mountainsides in West Virginia and Virginia — which is mostly finished — would transport natural gas drilled from the Utica and Marcellus shale formations in Ohio and Pennsylvania. Legal battles have delayed completion for years, as environmental groups say construction has led to violations of regulations meant to control erosion and sedimentation.
Among other things, the 4th U.S. Circuit Court of Appeals said the West Virginia agency didn’t adequately address the project’s history of water quality violations. It also said the agency used the wrong standards to support the decision that in-stream activities would meet state water quality regulations. The permit is required under the federal Clean Water Act.
The court noted at least 46 water quality violations and assessed civil penalties totaling roughly $569,000.
Mountain Valley Pipeline LLC, the joint venture behind the project, is still aiming for a late 2023 in-service date. Spokesperson Natalie Cox said construction will proceed and the company would work with the state environmental agency “on a path forward to completing this critical infrastructure project safely and responsibly.”
Angie Rosser, who leads the West Virginia Rivers Coalition, praised “the common sense reflected in the court’s decision.”
“MVP has already gone too far in damaging West Virginia’s water resources, particularly in some of our most valuable mountain headwater systems,” Rosser said in a statement.
Department of Environmental Protection spokesperson Terry Fletcher said the agency was reviewing the decision and declined comment.
Sen. Joe Manchin released a statement Tuesday saying the ruling would further delay the pipeline.
“It is infuriating to see the same 4th Circuit Court panel deal yet another setback for the Mountain Valley Pipeline project and once again side with activists who seem hell-bent on killing any fossil energy that will make our country energy independent and secure,” he said.
The 4th U.S. Circuit Court signed off on Virginia’s water quality certification for the pipeline last week. | https://www.wowktv.com/news/u-s-world/court-throws-out-gas-pipelines-west-virginia-water-permit/ | 2023-04-05 11:57:27 | 1 | https://www.wowktv.com/news/u-s-world/court-throws-out-gas-pipelines-west-virginia-water-permit/ |
OKLAHOMA CITY — In an effort to ease pressure on hospitals grappling with a surge in respiratory virus cases, Oklahoman hospitals will temporarily have the flexibility to expand pediatric access.
Keith Reed, the state commissioner of health, said Tuesday that he sent a letter to licensed hospitals allowing them the option of temporarily changing bed designations from adult to pediatric.
The change, Reed said, comes as the number of respiratory syncytial virus, or RSV, cases continues to climb, and Oklahoma’s largest pediatric hospitals are reporting bed occupancy rates of at least 80%.
While most hospitals have reported an impact, the metro areas have borne the brunt of the surge because they have the largest capacity to receive and care for children.
“The hope is that we can go upstream and decompress and allow those hospitals some flexibility as well if they only have a handful of pediatric beds or a couple pediatric beds,” Reed said. “This gives them the flexibility to increase that and may prevent some of the need to transfer patients around the state.”
Children under 2 are most at risk for complications from RSV, but it can also be dangerous for those with lung or heart disease or who are immunocompromised.
The symptoms are similar to other viruses like congestion, runny nose, fever, cough and breathing problems.
In most cases, RSV symptoms pass within a week, but when children start to struggle to breathe and keep food and fluids down because of congestion, it’s time to talk to a doctor, experts said.
Reed said he knows staffing, resources and equipment are important issues to consider when taking care of pediatric patients, but health officials hope the new flexibility will temporarily remove a regulatory barrier.
He said RSV percent positivity is on the rise, and the virus is actively circulating in all parts of the state. All regions, except the southwest, now have over 10% positivity rates.
Dr. Cameron Mantor, chief medical officer for Oklahoma Children’s Hospital, said the facility has about 275 children’s hospital beds. At several points over the last couple of weeks, every single bed was occupied.
Their 26-bed emergency room had between 10 and 15 patients waiting to be admitted. It’s led to situations where elective admissions have had to be delayed.
Mantor said about 40% of OU Children’s patients right now have RSV. Another 10% are hospitalized with the flu. He said they’ve only had one or two pediatric hospitalizations related to COVID-19.
Mantor said hospitals usually see a pretty significant bump in cases between November and March, but this year the virus has arrived several weeks early.
Staffing issues have also put stress on OU’s ability to care for children.
Mantor said the new flexibility should help hospitals. His hospital, for instance, is looking at new ways in which they can try to expand their care if they can find the staff and physicians to cover the new beds. He said they’re trying to come up with ways to “decompress our emergency room.” | https://www.normantranscript.com/news/state-looking-for-ways-to-decompress-emergency-rooms-as-rsv-cases-climb/article_7f8d6b14-5a20-11ed-86c5-c78643ecb162.html | 2022-11-02 13:04:40 | 1 | https://www.normantranscript.com/news/state-looking-for-ways-to-decompress-emergency-rooms-as-rsv-cases-climb/article_7f8d6b14-5a20-11ed-86c5-c78643ecb162.html |
SEOUL, South Korea (AP) — North Korean leader Kim Jong Un presented new plans to further bolster his military power next year at a meeting of top political officials, state media reported Wednesday, in an indication he’ll continue his provocative run of weapons displays.
Kim’s statement came as animosities with rival South Korea rose sharply this week with the South accused the North of flying drones across the border for the first time in five years. This year, North Korea already performed a record number of missile tests in what experts call an attempt to modernize its arsenal and increase its leverage in future dealings with the United States.
During the Tuesday session at the ongoing plenary meeting of the ruling Workers’ Party, Kim analyzed new security challenges in international politics and on the Korean Peninsula and clarified principles and directions to take in external relations and fights against enemies to protect national interests and sovereignty, according to the official Korean Central News Agency.
Kim “set forth new key goals for bolstering the self-reliant defense capability to be pushed ahead in 2023 under the multilaterally changing situation,” KCNA said, without elaborating.
Some observers say the new goals could be related to Kim’s drive to expand his nuclear arsenal and acquire high-tech weapons systems such as multi-warhead missiles, a more agile long-range weapon, a spy satellite and advanced drones. They say Kim would eventually aim to use his boosted nuclear power to force his rivals to accept the North as a legitimate nuclear state, a status he thinks is essential in getting international sanctions lifted.
On Monday, South Korea’s military fired warning shots and launched fighter jets and helicopters, after detecting what it called five North Korean drones that violated the South’s airspace. South Korea also flew three drones across the border in response, Defense Minister Lee Jong-Sup told lawmakers Wednesday.
The military apologized for failing to shoot down the drones and President Yoon Suk Yeol called for stronger air defenses and high-tech stealth drones to better monitor North Korea.
In a meeting with his advisers Wednesday, Yoon said South Korea must resolutely retaliate against any provocation by North Korea, saying that will be the most powerful means to deter the North. Yoon also said South Korea must not be intimidated by North Korea’s nuclear weapons, according to his spokesperson, Kim Eun-hye.
Some experts say the North Korean drone flights might have been designed to test South Korean and U.S. readiness and nullify a previous inter-Korean agreement to reduce tensions at front-line areas. They say North Korea likely assessed its drones as a cheap yet effective method to cause security jitters and a domestic divide in South Korea.
Yoon, a conservative who took office in May, said Tuesday that South Korea has had little anti-drone training since 2017, a year when his liberal predecessor Moon Jae-in was inaugurated. In an apparent effort to blame the allegedly lax air defenses on Moon’s engagement policy toward North Korea, Yoon said, “I think our people must have seen well how dangerous a policy relying on the North’s good faith and (peace) agreements would be.”
Moon’s liberal opposition Democratic Party accused the president of trying to shift blame.
Under a five-year arms buildup plan announced Wednesday, South Korea’s Defense Ministry said it’ll push to bolster its so-called three-axis system — preemptive strike, missile defense and retaliatory attack capabilities — to cope with North Korean nuclear threats. To do so, it said it’ll procure more stealth fighter jets and submarines capable of firing ballistic missiles, operate additional interceptor missiles and radars, and develop more powerful, precision-guided weapons.
It said South Korea will also procure diverse types of drones to strengthen its surveillance capacities. | https://www.texomashomepage.com/news/international/ap-north-koreas-kim-lays-out-key-goals-to-boost-military-power/ | 2022-12-28 23:45:26 | 0 | https://www.texomashomepage.com/news/international/ap-north-koreas-kim-lays-out-key-goals-to-boost-military-power/ |
Police: $26K in stolen baby formula found in suspects’ car
CARTERSVILLE, Ga. (AP) — Two men caught shoplifting at a grocery store in Georgia had an estimated $26,000 worth of baby formula in their car, according to police.
Police in Cartersville caught the men walking out of a Publix store north of Atlanta with backpacks filled with cans of formula, news outlets reported. Officers searching their car found 662 more cans of formula inside, police Lt. Greg Sparacio said.
“We believe right now that they have hit several locations, Publix, Kroger, Walmart and more in just over a course of a couple of days,” Sparacio said.
The men were jailed in Bartow County on charges of shoplifting, felony theft by receiving, and contributing to the delinquency of a minor. They had a 16-year-old girl with them when they were arrested Thursday. It was not immediately known if the men had attorneys representing them.
The February 2021 shutdown of a large baby formula factory and recall of many of its products because of contamination concerns helped trigger a nationwide formula shortage. Supplies have largely rebounded more than a year later.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.kob.com/news/us-and-world-news/police-26k-in-stolen-baby-formula-found-in-suspects-car/ | 2023-03-13 17:18:15 | 0 | https://www.kob.com/news/us-and-world-news/police-26k-in-stolen-baby-formula-found-in-suspects-car/ |
Genesis announced plans for a six-vehicle lineup that would include a coupe when it was first established as a standalone brand back in 2015.
Since then Genesis has focused on expanding its lineup with higher volume models like SUVs, though soon it may finally see the arrival of a niche offering like a coupe or convertible, or possibly both.
In an interview with Automotive News (subscription required) published last week, Peter Lanzavecchia, the head of the Genesis National Dealer Advisory Council and owner of a New Jersey Genesis dealership, said Genesis Chief Creative Officer Luc Donckerwolke confirmed plans for a production version of the X Convertible concept during an annual dealer meeting held around the same time as the concept’s reveal last fall.
“When he said that at the dealer meeting—to say it in front of a couple of hundred Genesis dealers—that’s a pretty good sign,” Lanzavecchia said.
Lanzavecchia also told Automotive News that a coupe was high on dealer wish lists, suggesting that any production version of the X Convertible would likely have a coupe counterpart.
The X Convertible was part of a trio of X-badged concepts from Genesis. The others include the original X coupe concept from 2021 and the evolved X Speedium coupe concept from 2022. While all three are EVs, the X Speedium and X Convertible feature a common design up front that’s expected to make it onto future production EVs from Genesis. The common design features a sealed front end with light bars that form the shape of the crest grille that features on Genesis’ current gas-powered lineup.
Donckerwolke said at the reveal of the X Convertible that all three X concepts were developed to refine the design formula for Genesis’ future EVs and see if a business case could also be made for a low-volume flagship GT.
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- Audi Activesphere concept is part pickup, part sexy GT | https://www.wowktv.com/automotive/internet-brands/genesis-reportedly-plans-flagship-ev/ | 2023-01-31 14:41:53 | 1 | https://www.wowktv.com/automotive/internet-brands/genesis-reportedly-plans-flagship-ev/ |
BOSTON and FISHERS, Ind., June 13, 2023 /PRNewswire/ -- Genezen, a gene and cell therapy contract development and manufacturing organization (CDMO), today announced the appointment of Susan D'Costa, Ph.D. as Chief Technology Officer (CTO) and Nicole O'Brien, Ph.D. as Chief Commercial Officer (CCO).
Dr. D'Costa and Dr. O'Brien both bring remarkable expertise in gene and cell therapy manufacturing to supplement Genezen's already experienced leadership team. With over 25 years of experience in molecular virology, Susan D'Costa is a thought leader in AAV manufacturing and will grow Genezen's AAV business unit as CTO. She has held leadership roles on both the CDMO and product side of gene and cell therapy at companies including Florida Biologix, Brammer Bio, Thermo Fisher Scientific, and Alcyone Therapeutics.
Likewise, Nicole O'Brien brings a great depth of knowledge from a career spent partnering with innovators to design and implement manufacturing programs, most recently in senior commercial leadership roles at Thermo Fisher Scientific, Brammer Bio, and FujiFilm Diosynth.
Steve Favaloro, President and CEO of Genezen, said, "Adding world renowned gene and cell therapy manufacturing experts like Drs. D'Costa and O'Brien to our team at this point in Genezen's growth trajectory is very exciting. The range and breadth of their collective experience is unmatched, so the entire Genezen team and I are delighted to welcome these tremendous industry experts to our team and look forward to their contribution to the continued growth of our business."
These two new leadership team additions will accelerate Genezen's current growth following the construction of a new cGMP multi-vector production facility in Fishers, Indiana in 2022. Building on a decade of experience in viral vector manufacturing, guided by the robust leadership team, Genezen will pursue its vision to be a leader in development and manufacturing services in retroviral, AAV and lentiviral vectors.
D'Costa expressed enthusiasm for her new role as CTO at Genezen, stating, "My passion lies in building gene therapy CMC capabilities from the ground up, so I am thrilled to have the opportunity to do so here. Genezen is well positioned to develop new AAV vector production capabilities to supplement its deep expertise in LV and RV vectors."
On her new role as CCO at Genezen, Dr. O'Brien said, "It is extremely exciting to join Genezen during this period of growth to steer its commercial strategy and execution. Genezen has a best-in-class technical and operational team that is ready to serve clients' complex manufacturing needs."
About Genezen
Genezen is a contract development and manufacturing organization (CDMO) with a decade's experience at the heart of the rapid growth in the gene and cell therapy market. Genezen is a leader in the supply of retroviral vectors, lentiviral vectors, and AAV. Led by an extremely experienced team, a science-first approach influences continual investment in scalable, high-yield manufacturing processes and best-in-class technologies. With continual investment in a multi-location footprint strategically connected to advanced modality hubs, Genezen is expertly placed to meet the needs of fast-moving gene and cell therapy innovators. For more information about Genezen, please visit genezen.com.
Media Contact
Mandy Boyd
That's Nice LLC
Tel: +1 212-366-4455
Email: mandy@thatsnice.com
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SOURCE Genezen | https://www.wafb.com/prnewswire/2023/06/13/genezen-announces-appointment-key-executive-leaders-expanding-viral-vector-capabilities/ | 2023-06-13 06:54:30 | 0 | https://www.wafb.com/prnewswire/2023/06/13/genezen-announces-appointment-key-executive-leaders-expanding-viral-vector-capabilities/ |
Our latest round of Indy’s Best is prepped to pamper!
We are looking for Indy’s Best spa. Where do you go to relax with a soothing massage or a luxurious facial?
Help us find Indy’s Best when it comes to self-care.
Nominations are open until Tuesday. Voting then begins Wednesday, and the winner is unveiled Friday! | https://fox59.com/morning-news/indys-best/nominate-indys-best-spa/ | 2023-04-21 08:50:26 | 1 | https://fox59.com/morning-news/indys-best/nominate-indys-best-spa/ |
INDIANAPOLIS (AP) — Miles Teller feels the need, the need for speed. The “Top Gun: Maverick” actor will get it as the honorary starter for what should be the fastest Indianapolis 500 in history.
Teller will wave the green flag for “The Greatest Spectacle in Racing” at Indianapolis Motor Speedway on Sunday.
The 35-year-old Teller stars as Bradley “Rooster” Bradshaw, son of beloved late navigator “Goose,” in the long-awaited sequel to “Top Gun.” The film will be released nationwide Friday, two days before the 500.
“Miles is no stranger to action-packed roles, and waving the green flag for the 33 drivers racing for history will provide him with a similar adrenaline-fueled experience,” IMS President Doug Boles said, adding it will be “a day he’ll never forget.”
Scott Dixon smashed the Indianapolis 500 pole-winning record with a qualifying run of more than 234 mph. He will lead the 33-car field to the green flag Sunday.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://www.cbs42.com/sports/need-for-speed-indy-500-tabs-rooster-to-wave-green-flag/ | 2022-05-24 17:26:04 | 1 | https://www.cbs42.com/sports/need-for-speed-indy-500-tabs-rooster-to-wave-green-flag/ |
Titan Wealth Group Sells Mokena Self Storage at Certificate of Occupancy for $18mm
MOKENA, Ill., June 9, 2022 /PRNewswire/ -- Titan Wealth Group today announced that the financials have been finalized for its investors in the sale of Mokena Self Storage in Mokena, IL. This milestone is a major move for Titan Wealth Group whose investors experienced a 2.26x equity multiple and 118.4% internal rate of return in just 13 months when the Mokena Self Storage project was estimated to be a 60-month timeline.
"We're thrilled that our investors able to achieve higher returns than our 5-year projections in just over a year." says Fernando Angelucci, President of Titan Wealth Group and CEO of Self Storage Syndicated Equities. "The fact that we were able to sell for our stabilized price at certificate of occupancy to a buyer who will get to experience the upside of leasing the property in a red-hot rental market means that this was a win-win. We look forward to the repeatability of our investment model".
Mokena Self Storage is located in Will County, one of the fastest growing counties in the United States. Built on 4.086 acres, Mokena Self Storage is a 3-story climate-controlled building with two single-story wings. This industry leading design results in 108,659 net rentable square footage and 939 storage units.
Titan Wealth Group partnered with Kingdom Holdings, LLC and Pine Forest Development, LLC on the project. Titan Wealth Group brought the loan guarantor, debt and equity for Mokena Self Storage. Midland States Bank provided the acquisition and construction loan. Mariottini Construction was the general contractor for the ground up development.
- Titan Wealth Group closed on the Mokena Self Storage project on October 9th, 2020
- The Colliers Self Storage Group brokered the sale of Mokena Self Storage to Trojan Storage, LLC
- Mokena Self Storage sold for $18,000,000 on November 3rd, 2021
- Titan Wealth Group originally projected a $12.7mm construction budget but was able to reduce the cost to build Mokena Self Storage to $10.5mm
About Titan Wealth Group: Titan Wealth Group is the management company for Self Storage Syndicated Equities, a Chicago, IL based investment firm that syndicates the acquisition and development of self-storage facilities nationwide.
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SOURCE Titan Wealth Group | https://www.kbtx.com/prnewswire/2022/06/09/titan-wealth-group-outperforms-projected-sale-timeline-by-78/ | 2022-06-09 14:12:31 | 1 | https://www.kbtx.com/prnewswire/2022/06/09/titan-wealth-group-outperforms-projected-sale-timeline-by-78/ |
NEW YORK (AP) — Children’s author Angeline Boulley will soon return her many readers to the world of her prize-winning debut novel “Firekeeper’s Daughter.”
Henry Holt Books for Young Readers announced Friday that Boulley’s “Warrior Girl Unearthed” will come out May 2023. Like its predecessor, “Warrior Girl Unearthed” will be set in an Ojibwe community, focusing on a teenage girl who learns of a plot to make money off the theft of Indigenous graves. Holt calls the book “a complex and compelling mystery, effortlessly exploring themes of identity, family, and reclamation in a Native community.”
Boulley’s book will be illustrated by Michaela Goade, whose drawings for “We Are Water Protectors” brought her a Caldecott Medal for outstanding illustration of a children’s book.
Boulley’s bestselling first book, also featuring a young protagonist, received numerous awards, was selected for Reese Witherspoon’s book club and is being adapted by Barack and Michelle Obama’s production company for Netflix.
“I revel in telling stories about Ojibwe teenagers — strong in their culture and language — who love their communities,” Boulley said in a statement. “Young people protecting and caring for their elders and ancestors are an inspiration to me and, I hope, to readers everywhere.” | https://www.kron4.com/entertainment-news/ap-entertainment/boulleys-warrior-girl-unearthed-to-come-out-in-may-2023/ | 2022-08-06 02:06:05 | 0 | https://www.kron4.com/entertainment-news/ap-entertainment/boulleys-warrior-girl-unearthed-to-come-out-in-may-2023/ |
(KTLA) – After announcing the impending “re-imagining” of Splash Mountain back in 2020, the Disneyland Resort has finally announced a closing date for the ride.
The California park’s version of the decades-old attraction, which opened in 1989, will close on May 31 ahead of the extensive renovation project.
The last day of operation will be on May 30, Disneyland officials announced Wednesday.
The Disney World version of the ride, meanwhile, had already been closed in January ahead of its own re-imagining.
While the attractions themselves aren’t getting torn down, the former Splash Mountain areas will undergo complete makeovers before reopening as “Princess and the Frog”-themed attractions titled “Tiana’s Bayou Adventure.” The re-themed rides are scheduled to open in late 2024 at both U.S. Disney parks.
“The ride will feature a new cast of original Disney characters,” and new music alongside favorite songs from the film. The “alluring scent of beignets” will fill the attraction’s queue, Disneyland officials added in a blog post.
“The enchantment of the bayou will illuminate with a celebration during Mardi Gras season hosted by Princess Tiana and Prince Naveen. Mama Odie will joke with guests during their journey,” reads a post shared to the Disney Parks Blog.
Jenifer Lewis, who voiced the character of Mama Odie in the 2009 animated film, is confirmed to return to her role for the attraction.
New concept artwork of Mama Odie in Tiana’s Bayou Adventure was also unveiled, and officials confirmed the ride will have “dozens of new Audio-Animatronics” when it opens in 2024.
Other familiar faces, including Louis, Eudora, Charlotte, “Big Daddy,” the King and Queen of Maldonia and Prince Ralphie, also will be featured in the ride, officials announced.
The storyline of “Tiana’s Bayou Adventure” will pick up where the 2009 animated feature left off.
“Walt Disney Imagineering is creating an original, next-chapter story for Tiana. Within the attraction queue, guests will discover that she continues to grow her business with Tiana’s Foods — an employee-owned cooperative,” the Disney Parks Blog announced in February.
Splash Mountain has been criticized in recent years for its inclusion of characters and music from the 1946 animated feature “Song of the South,” a movie that has come under fire for its stereotypes of Black men and its romanticized view of the post-Civil War South.
Fans called for Disney to redo the theme of Splash Mountain in 2020 amid a racial reckoning across the U.S.
Along with the ride closure, the theme park has removed other nods to Splash Mountain throughout the resort. In March, lyrics from “Zip-a-Dee-Doo-Dah,” a song that originated in “Song of the South,” were quietly removed from the set list of Disneyland’s Magic Happens parade. Disneyland officials replaced that song with another song from the 1953 feature “Peter Pan.” | https://www.kxnet.com/news/national-news/disneyland-announces-closing-date-for-splash-mountain/ | 2023-04-12 19:08:50 | 0 | https://www.kxnet.com/news/national-news/disneyland-announces-closing-date-for-splash-mountain/ |
BEIJING – Asian stocks were mixed and European markets opened lower Tuesday ahead of a U.S. inflation update that traders hope will encourage the Federal Reserve to ease off plans for more interest rate hikes.
London, Frankfurt and Hong Kong fell. Shanghai and Tokyo rose. Oil prices declined.
Traders worry repeated rate hikes by the Fed and other central banks to cool inflation that is at multi-decade highs might tip the world into recession. They hope Thursday's report on U.S. consumer prices will show inflation moderating, reducing the need to slow economic activity further.
“Traders are bringing back talk of a ‘soft landing,’ which could support risk equities,” said Anderson Alves of ActivTrades in a report. If the data show lower U.S. inflation, “another dovish wave may hit markets,” helped by “easing recession fears.”
In early trading, the FTSE 100 in London lost 0.4% to 7,697.35. The DAX in Frankfurt shed 0.3% to 14,745.01 and the CAC 40 in Paris retreated 0.6% to 6,863.40.
Futures for Wall Street's benchmark S&P 500 index and the Dow Jones Industrial Average were off 0.2%.
On Monday, the S&P dipped 0.1% and the Dow lost 0.3%. The Nasdaq composite gained 0.6%.
In Asia, the Shanghai Composite Index rose 0.4% to 3,169.50 while the Hang Seng in Hong Kong shed 0.3% to 21,331.46. The Nikkei 225 in Tokyo gained 0.8% to 26,175.56.
The Kospi in Seoul was up less than 0.1% at 2,351.31 and Sydney's S&P-ASX 200 lost 0.3% to 7,131.00.
India's Sensex sank 1% to 60,134.70. New Zealand gained while Southeast Asian markets retreated.
Despite trader optimism, Fed officials say rates will have to stay elevated for an extended period to extinguish upward pressure on prices. The Fed benchmark lending rate stands at a range of 4.25% to 4.50%, up from close to zero a year ago.
On Monday, Fed board members Mary Daly and Rafael Bostic dampened hopes for a rate cut this year. Daly said she expects the benchmark to be raised to over 5%. Bostic said it will be kept there “for a long time.”
Forecasters expect Thursday's report to show inflation slowed to 6.5% in December from November's 7.1%. That is down from June's 9.1% peak but well above the Fed's 2% target.
Warnings are also coming for what look to be lackluster corporate profits when reporting season begins Friday as companies contend with higher labor and other costs.
In energy markets, benchmark U.S. crude lost 26 cents to $74.37 cents per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 86 cents to $74.63 on Monday. Brent crude, the price basis for international oil trading, shed 30 cents to $79.35 per barrel in London. It gained $1.08 the previous session to $79.65.
The dollar gained to 131.88 yen from Monday's 131.56 yen. The euro declined to $1.0735 from $1.0750. | https://www.wsls.com/business/2023/01/10/global-stock-markets-mixed-ahead-of-us-inflation-update/ | 2023-01-10 09:58:57 | 0 | https://www.wsls.com/business/2023/01/10/global-stock-markets-mixed-ahead-of-us-inflation-update/ |
LEWES, Del. - Parking meters in Lewes go into effect on May 1. According to the city's website, parking fees in Lewes apply from 9 a.m. to 8 p.m. and cost $1.50 per hour downtown and $2.50 per hour at the beach.
Non-metered parking is available for free in the lot at Roosevelt Inlet, the lot off of Schley Avenue, the Beebe lot off Market Street in evenings and weekends, at the trail head at the Lewes Public Library, and at Otis Smith Park. The park and Schley Avenue lots additionally have electric vehicle charging stations.
A corral for bike parking is available at the corner of Savannah Road and Gills Neck Road. More bike parking locations can be found on an online map from the city.
Downtown meters are in effect through Oct. 14 and beach meters are in effect through Sept. 30. More information about parking in Lewes can be found on the city's website at www.ci.lewes.de.us. | https://www.wrde.com/news/lewes-parking-meters-go-into-effect-may-1/article_1daa036e-e849-11ed-8923-33b8de072fd1.html | 2023-05-01 19:52:37 | 0 | https://www.wrde.com/news/lewes-parking-meters-go-into-effect-may-1/article_1daa036e-e849-11ed-8923-33b8de072fd1.html |
A Winter Storm Watch is in effect for portions of central and southern Idaho today as a broad band of moisture pushes into the state.
We will see snow this morning in the Treasure Valley and the west central mountains. Later today, this precipitation will turn into rain in lower elevations.
Several inches to over a feet of snow is anticipated to accumulate in the central mountains over the weekend.
Let it snow! The next few days will get quite a lot of the fluffy stuff in the mountains of central Idaho...use precaution if doing any backcountry driving or recreation this weekend. #Idaho #Boise #IDwx #TreasureValley #MagicValley pic.twitter.com/v0sQDdzzQD
— Geneva Zoltek TV (@GenevaZoltek) November 4, 2022
Please use caution if traveling or recreating in the mountains this weekend as the atmospheric river pushing moisture into the area is expected to continue well into next week.
Tomorrow afternoon the Treasure Valley will start to see some calmer and drier conditions...just in time for the Boise State football game.
Don't forget to set your clocks back 1 hour Saturday night going into Sunday for Daylight Savings Time! | https://www.kivitv.com/weather/waking-up-to-snow-in-the-treasure-valley-moisture-set-to-continue | 2022-11-04 17:43:48 | 0 | https://www.kivitv.com/weather/waking-up-to-snow-in-the-treasure-valley-moisture-set-to-continue |
Venture Climate Alliance to Develop Tools for Venture Capital Industry and Portfolio Companies to Track Alignment with and Contributions to the Climate Transition
SAN FRANCISCO, April 25, 2023 /PRNewswire/ -- The Venture Climate Alliance (VCA), an organization created by leading global venture capital firms to define, facilitate, and realize net zero-aligned pathways for early-stage investments, launched today with a goal to build a robust movement within the venture industry to combat climate change.
Consisting of 23 venture capital (VC) firms across the U.S. and Europe, VCA members have committed to supporting a rapid, global transition to net zero or negative carbon emissions by 2050 or sooner, and will take specific, near-term steps to achieve this goal, both within their respective firms and in their roles as investors and advisors to their portfolio companies.
Over the past few years, momentum across venture-backed climate tech innovation has been accelerated by entrepreneurial ambition, world-class innovation and more recently, increasing tailwinds driven by the U.S. Inflation Reduction Act, the EU Green Deal Industrial Plan, and other supportive policies. As one of the first institutional touchpoints between capital markets and early-stage innovation, venture capital investors have helped thousands of new companies from initial development to commercialization and scale. The VCA provides a forum through which member firms will develop best practices for collecting, interpreting and reporting carbon emissions, and climate impact data, as well as tools and guidance to help to overcome barriers associated with aligning early-stage investments with net zero goals.
The VCA's founding members are Prelude Ventures, Capricorn Investment Group, DCVC, Energy Impact Partners, Galvanize Climate Solutions, S2G Ventures, Union Square Ventures, Tiger Global, World Fund and 2150; along with Obvious Ventures, Congruent Ventures, Valo Ventures, Clean Energy Ventures, Fifth Wall, Overture Ventures, Blackhorn Ventures, Spring Lane Capital, Azolla Ventures, Systemiq Capital, The Westly Group, Innovation Endeavors, and ReGen Ventures. It is supported by Great Circle Capital Advisors, a climate finance advisory firm.
"Our goal is to bridge the gap between what's happening in public markets, where hundreds of companies have made bold forward-looking net zero commitments–and early stage innovation, which has the potential to decarbonize legacy industries through a combination of better products, more efficient processes, and lower costs," said Alexandra Harbour, founder & chair of the VCA and a principal at Prelude Ventures.
In joining the VCA, member firms have committed to support the goal of achieving a global transition to net zero emissions. To start, venture firms pledge to inventory their direct Scope 1-3 carbon footprint and to reach net zero or negative emissions for their own firm's operations by 2030 or sooner. Members will encourage and assist their portfolio companies in setting their own targets to achieve net zero alignment by 2050 or sooner, and will report transparently on their progress over time using best practice methodologies and disclosure guidance to be developed over the coming year. These commitments will establish stage-dependent climate-aligned goals as a part of startups' growth strategies, rather than as a late stage add-ons to business-as-usual operations.
"We invest in climate tech companies that are transforming multi-billion dollar industries. As public markets, asset managers, and policymakers implement 2050 decarbonization goals, disclosure of climate-related risks, carbon emissions, and impact will matter for everyone– including those at the earliest stages of business building. As investors, it's our role to prepare our teams for the realities of the markets that they're operating in," said Gabriel Kra, managing director at Prelude Ventures and founding member of the VCA.
"It's critical that the venture capital industry support technologies that accelerate the climate transition," said Samson Mesele, partner at Union Square Ventures and founding member of the VCA.
The VCA has been approved by the Race to Zero under the leadership of the UN Climate Change High-Level Champions, and constitutes a new sector-specific alliance under the Glasgow Financial Alliance for Net Zero (GFANZ). The VCA will work alongside other sector-specific alliances within GFANZ to develop methodologies and tools appropriate for early-stage investments, and to share expertise on climate solutions across the broader financial sector.
Membership in the VCA is open to any venture capital firm, or a division of a larger firm that is engaged primarily in venture investing, that agrees to fulfill VCA's commitments and to actively contribute to the organization as appropriate. For more information, or to become a member, please visit ventureclimatealliance.org.
"Net zero for thee but not for me is no longer a workable solution," said Daniel Firger, co-founder and lead advisor of the VCA and managing director of Great Circle Capital Advisors. "If we're serious about moving the entire world economy into alignment with a pathway to net zero emissions, we must consider the critical role that private markets play in that journey."
About the Venture Climate Alliance
The Venture Climate Alliance (VCA) is an organization created by leading global venture capital firms to define, facilitate, and realize net zero-aligned pathways for early-stage investments. The organization currently consists of more than 23 members across the U.S. and Europe that have committed to achieving net zero or negative carbon emissions by 2050 or earlier.
Additional information available at ventureclimatealliance.org.
Addendum to Editors -
Founding Member Quotes
2150
"2150 is thrilled to be a part of the VCA to set a course for rapid action towards net-zero within venture capital. Early stage companies and their investors play an essential role in global decarbonization, and will benefit from a common framework to guide action and maximize impact." (Peter Hirsch, Head of Sustainability, 2150)
Capricorn Investment Group
"We've been investing in climate tech companies over the last two decades–some of them have gone on to become market leaders reshaping trillion dollar industries, some are poised to do the same in the near future, and we hope many more will emerge in the future. We've learned a lot over the years and are excited to help launch this new alliance, and look forward to collaborating through the VCA to move the broader market, not just our own portfolio, into alignment with decarbonization goals." (Dipender Saluja, Managing Partner, Technology Impact Funds, Capricorn Investment Group)
DCVC
"DCVC is proud to be a founding member of the Venture Climate Alliance—because helping brilliant new companies successfully address climate change represents a shared opportunity of historic proportions, with great outcomes for all stakeholders." (Zachary Bogue, Co-Founder and Co-Managing Partner, DCVC)
Energy Impact Partners (EIP)
"As a platform custom-built to accelerate the net zero economy, EIP is pleased to help launch the VCA. We firmly believe financing and scaling innovative climate solutions is one key to a safe climate future, and this alliance will help the entire venture community improve its progress towards achieving net zero." (Hans Kobler, Chief Executive Officer, Energy Impact Partners)
Galvanize Climate Solutions
"As an investment firm solely focused on the climate transition, we are proud to be a founding member of the Venture Climate Alliance. Setting standards for progress and accountability is critical to accelerating the climate transition, and we look forward to collaborating with the other members of the VCA to establish best- in-class tools and practices to meet our collective decarbonization goals." (Nicole Systrom, Chief Impact Officer, Galvanize)
S2G Ventures
"S2G's strategy reflects a growing appetite for combining financial returns with positive long-term social and environmental effects across sustainable food, agriculture, oceans and energy. Being part of the VCA enables us to collaborate with and learn from other investors, and harness our collective resources toward a shared vision of a healthy and sustainable planet." (Stephan Feilhauer, Managing Director, Clean Energy, S2G Ventures)
Tiger Global
"The risks and opportunities posed by climate change are real for all investors, not just climate-focused investors. Over the last few years, Tiger Global has been taking steps to measure and manage our firm-level footprint, achieving net zero status as of 2021. As we look ahead, we believe that supporting our portfolio companies to better understand and manage these issues will be increasingly important. We're thrilled to join the Venture Climate Alliance and work in collaboration with our peers to advance this work across the industry." (Ali Hartman, Head of Responsible Investment, Tiger Global)
World Fund
"At the World Fund, we strongly believe that the Venture Capital Alliance (VCA) will play a pivotal role in driving climate innovation forward. By harnessing the collective expertise of top venture capitalists from both sides of the Atlantic, the VCA has the potential to significantly influence the funding decisions that shape the future of climate startups and technologies. As a group, we are committed to backing entrepreneurs who understand decarbonisation as a value driver, and those who build tech for a regenerative world. By doing so, we aim to have a meaningful impact in mitigating the climate crisis, driving positive change through strategic investment and support for innovative ventures that align with our vision." (Danijel Višević, Founding Partner, World Fund)
Partner Quotes
Glasgow Financial Alliance for Net Zero (GFANZ)
"Investing into climate solutions is a critical, foundational pillar of a comprehensive, economy-wide transition to net zero, and one of the four financing strategies in the GFANZ net zero transition plan framework. In keeping with our industry-led approach to date, we welcome the launch of the Venture Climate Alliance as a new sector-specific alliance under GFANZ, and applaud efforts by venture investors to establish workable and high-integrity standards for tracking the contributions of early-stage innovations in the transition to net zero." (Mark Carney, Co-Chair, GFANZ)
UN Climate Change High-Level Champions
"As the High-Level Champions we are delighted to approve Venture Climate Alliance as a formal partner of Race to Zero. Venture capital funding is crucial to advancing the climate agenda. It plays a key role in the development of climate mitigation technology which is urgently needed to keep us within a 1.5 ° limit. Race to Zero's 25 Partners and around 11,000 members are working hard to implement the campaign's robust, science-aligned criteria. Two- thirds of the largest companies in the campaign have shifted from pledges to science based transition plans, driving down emissions in their operations by 6.5% on average. 70% have set an absolute reduction target by 2030. We look forward to supporting and collaborating with the Venture Climate Alliance as together we build on this significant momentum in this year of the Global Stocktake." (UN Climate Change High-Level Champions for COP27 and COP28, Dr. Mahmoud Mohieldin and H.E. Razan Al Mubarak)
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SOURCE Venture Climate Alliance (VCA) | https://www.mysuncoast.com/prnewswire/2023/04/25/leading-venture-investors-form-global-alliance-build-net-zero-businesses-day-zero/ | 2023-04-25 11:52:17 | 1 | https://www.mysuncoast.com/prnewswire/2023/04/25/leading-venture-investors-form-global-alliance-build-net-zero-businesses-day-zero/ |
A 51-year-old suspect has been charged in the weekend ambush killing of a man at a Birmingham gas station.
Byron Dedric Steele, of Birmingham, is charged with capital murder in the Sunday evening slaying of 25-year-old Demetrius Antwan Davis Jr.
Police said the deadly shooting was carried out in retaliation for a previous incident in which a family member of the suspect was shot.
Steele was booked into the Birmingham City Jail at 3:09 p.m. Monday. The Jefferson County District Attorney’s Office issued warrants against him on Tuesday.
Davis Jr. was gunned down at the Circle K on Tallapoosa Street while he was pumping gas. His death came nearly five years after his father killed at a gas station on the city’s west side, which also happened on a Sunday.
Davis Jr. previously played football at UAB.
Officer Truman Fitzgerald said police were dispatched to the business at 6 p.m. Sunday on a report of a person shot. They arrived on the scene to find Davis Jr. unresponsive in the parking lot.
Birmingham Fire and Rescue Service pronounced him dead on the scene.
Fitzgerald said the suspect approached the victim and opened fire. The victim’s vehicle was parked at a gas pump with the gas nozzle still in his tank.
“From evidence on the scene, it would appear that the victim did return fire,” Fitzgerald said.
Davis Jr. is one of eight people killed in eight days in the city.
“This is to bring no shame to our victims from Sunday, but since Sunday, our detectives have uncovered that the victims in each homicide case have been involved in some type of activity prior to the homicide which contributed heavily to their death,’’ Fitzgerald said while at the scene of a Tuesday morning homicide.
“And that’s not to victim shame,’’ he said. “We want to get the message out to the public that we have to be really mindful of our behavior because we have seen just the lengths people will go to target you if they have something out for you.” | https://www.al.com/news/birmingham/2023/03/51-year-old-suspect-charged-in-killing-at-birmingham-circle-k-police-say-retaliation-fueled-the-deadly-ambush.html | 2023-03-28 23:03:52 | 0 | https://www.al.com/news/birmingham/2023/03/51-year-old-suspect-charged-in-killing-at-birmingham-circle-k-police-say-retaliation-fueled-the-deadly-ambush.html |
LINCOLN, Neb. -- The Nebraska Legislature on Friday approved a 12-week abortion ban and restrictions on gender-affirming care for people younger than 19.
Conservative lawmakers called in a visibly ill colleague so they would have enough votes to end a filibuster and pass a bill with both measures. Republican Gov. Jim Pillen, who pushed for the bill, has promised to sign it into law.
Fourteen states now have bans throughout pregnancy. Nebraska, however, had not passed new restrictions while continuing to prohibit abortion starting around 20 weeks of pregnancy.
The 12-week ban includes exceptions for rape, incest and to save the life of the mother. Opponents unsuccessfully sought an exception for fatal fetal anomalies and to explicitly protect doctors from criminal charges for performing a contested abortion.
The bill also would prevent transgender people under 19 from receiving any gender-confirming surgery. It would also restrict the use of hormone treatments and puberty blockers in minors, putting the state's chief medical officer -- a political appointee who is an ear, nose and throat doctor -- in charge of setting the rules for those therapies.
In Nebraska, people younger than 19 are considered minors.
At least 17 states have enacted laws restricting or banning gender-affirming medical care for minors. Medical groups and advocates say such restrictions are further marginalizing transgender youth and threatening their health.
Nebraska's restrictions on gender-affirming care wouldn't take effect until Oct. 1. The abortion ban will take effect as soon as the governor signs it. Bill opponents promised to sue to stop both measures.
Friday's debate was briefly halted when protesters stood and yelled obscenities at conservative lawmakers while throwing what appeared to be bloody tampons onto the floor. The Nebraska State Patrol cleared both balconies and said at least six people were arrested.
A letter submitted Friday and signed by more than 1,200 Nebraska medical professionals called the bill "a direct attack on the medical community of our state."
Sen. Kathleen Kauth, who authored the trans health measure, has repeatedly referred to an increase of children who identify as transgender as "a social contagion." She said the measure is aimed at protecting children from doing something they might later regret.
"It does not mean by any stretch of the imagination that we hate them," she said. "Quite to the contrary: We love them."
Kauth's measure was the genesis of a filibuster by Omaha Sen. Machaela Cavanaugh, who along with a handful of progressive allies, have slowed the business of passing laws to a crawl by introducing amendment after amendment to every bill that made it to the Senate floor. That sent leadership scrambling to prioritize which bills to push through.
After lawmakers merged the abortion limits with the transgender health bill, Cavanaugh vowed to continue her filibuster until the end of this year's session in early June and even through all of 2024.
Legislative rules state that a bill failing to defeat a filibuster must be tabled for the year. So opponents were surprised by the plan announced just last week.
Left-leaning lawmakers complained that conservatives essentially created a new bill that received no public hearing. They also say it violates state law that requires amendments be related to the underlying bill. | https://www.arkansasonline.com/news/2023/may/21/nebraska-12-week-abortion-ban-okd/ | 2023-05-21 11:52:28 | 1 | https://www.arkansasonline.com/news/2023/may/21/nebraska-12-week-abortion-ban-okd/ |
ST. PETERSBURG, Fla. (AP) — As good as All-Star pitcher Spencer Strider has been during a personal seven-game winning streak, the majors-leading Atlanta Braves have been even better as a team.
“We’ve just been playing great. It feels like every part is kind of clicking right now,” Strider said Saturday night after striking out 11 through 6 1/3 scoreless innings in a 6-1 victory over the slumping Tampa Bay Rays.
“Even through the course of the game when somebody’s struggling or the offense is struggling or we fall behind, the other half of the team is going to come pick you up and figure it out,” Strider added. “That’s kind of what’s been happening. We’re playing pretty loose, and it feels good.”
Atlanta has won 20 of 22.
“Nobody rides the wave too high,” Braves manager Brian Snitker said. “The best thing I can say is they’re a bunch of boring pros because they come in and they do the same thing every day. They love to compete.
“They don’t get caught up in anything because they know how quick things can change. They focus on today. I think is the greatest attribute that these guys have.”
Strider (11-2) joined Tampa Bay’s Shane McClanahan and Arizona’s Zac Gallen as the only 11-game winners in the majors. Strider improved to 7-0 over his last eight starts and boosted his majors-leading strikeout total to 166.
Sean Murphy homered for the third straight game, a career best for Atlanta’s All-Star catcher. His three-run shot finished a four-run, fourth-inning against rookie Taj Bradley (5-5), who held the Braves hitless until Ronald Acuña Jr. opened the fourth with a double. He then scored on Matt Olson’s RBI single.
Murphy, whose two-run homer was the decisive blow in the Braves’ 2-1 victory Friday night in the series opener, hiked the lead to 4-0 and extended Atlanta’s streak of consecutive games with at least one home run to a franchise record-tying 25.
The Braves have homered in every outing since June 11, the longest active streak in the majors. They also had a 25-game streak in 1998 and lead the majors with 168 homers — the record for a team before the All-Star break.
In clinching the weekend series between the teams with the best two records in baseball, the Braves improved to 60-28. The Rays (57-35) have dropped a season-high seven straight games — their longest skid since June 2021 — but still have the top mark in the AL.
Strider, who will travel to Seattle for the All-Star Game on Tuesday night but will not pitch, allowed a leadoff single to Yandy Diaz and a one-out double to Luke Raley before striking out Randy Arozarena and Brandon Lowe to escape a first-inning jam.
“He got pretty nasty right there with Randy and Brandon at second and third with one out,” Rays manager Kevin Cash said. “After that, I didn’t feel there was too much of an opportunity at any point. He’s really good.”
The right-hander fanned seven in a row before hitting Wander Franco with a pitch with two outs in the third and finished with the 11th double-digit strikeout performance of his career. Diaz had two of Tampa Bay’s four hits off Strider, who walked one and threw 104 pitches over 6 1/3 innings.
The Braves lost a shutout bid in the eighth when reliever Ben Heller walked Franco, who eventually scored an unearned run on a throwing error.
A night after being limited to a first-inning run and six hits, the Rays finished with just four hits in Saturday’s loss. They’ve only scored eight runs in their last five games, the fewest they’ve had in any five-game stretch since August 2017.
“When you’re facing Charlie Morton and Spencer Strider, they’re really good pitchers,” Cash said. “We’re a good team. We can hit good pitching. We’re just not doing it right now.”
TRAINER’S ROOM
Rays: RHP Drew Rasmussen will undergo his third elbow surgery July 24. Manager Kevin Cash didn’t rule out Rasmssen being back mid-season next year. … OF Josh Lowe was placed on the family emergency list and INF Jonathan Aranda was recalled from Triple-A Durham. Aranda is hitting .342 over 71 games for Durham.
UP NEXT
Braves All-Star Bryce Elder (7-1) and Rays RHP Zach Eflin (9-4) were set to start Sunday in the series finale. Like Strider, Elder will travel to Seattle for the All-Star Game but won’t pitch. ___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://www.cbs42.com/sports/ap-strider-cruises-the-majors-best-braves-pound-the-rays-6-1-in-battle-of-top-teams/ | 2023-07-09 11:41:53 | 1 | https://www.cbs42.com/sports/ap-strider-cruises-the-majors-best-braves-pound-the-rays-6-1-in-battle-of-top-teams/ |
‘Dogwood’ and ‘Cactus’ will improve your weather forecast
By Judson Jones, CNN Meteorologist
At 8 a.m. ET Tuesday, two new supercomputers came online. These new computers, called Dogwood and Cactus, will improve weather and climate forecasts, according to the National Oceanic and Atmospheric Administration.
“This is a big day for NOAA and the state of weather forecasting,” said Ken Graham, director of NOAA’s National Weather Service.
The computers are three times faster than their predecessors, each running an operations speed of 12.1 petaflops, which means they perform over 12 quadrillion operations per second. This ranks them as the 49th and 50th fastest computers in the world by TOP500.
The enhanced computing and storage capacity of these new computers will allow “NOAA to deploy higher-resolution models to better capture small-scale features like severe thunderstorms, more realistic model physics to better capture the formation of clouds and precipitation, and a larger number of individual model simulations to better quantify model certainty,” the agency said.
Dogwood and Cactus will run forecast models that meteorologists and climatologists worldwide will use, thus allowing government officials to make more timely decisions based on forecasts.
Starting this fall, the new supercomputers will enable an upgrade to the US Global Forecast System (GFS). This is the forecast model often referred to as the “American Model.”
This will keep us on par with other leading forecast centers around the world, Graham said at a news conference Tuesday morning.
These new computers will also allow for the launch of a new hurricane forecast model called the Hurricane Analysis and Forecast System (HAFS), slated to be in operation for the 2023 hurricane season, pending tests and evaluation, NOAA said.
The supercomputers are strategically located in different parts of the country.
“Dogwood and Cactus are named after the flora native to their geographic locations of Manassas, Virginia, and Phoenix, Arizona, respectively,” NOAA said. “The computers serve as a primary and a backup for seamless transfer of operations from one system to another.”
The pair will replace NOAA’s previous supercomputers in Reston, Virginia, and Orlando, Florida.
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CNN’s Monica Garrett and Payton Major contributed to this report | https://kion546.com/cnn-weather-environment/2022/06/28/dogwood-and-cactus-will-improve-your-weather-forecast/ | 2022-06-28 22:20:03 | 0 | https://kion546.com/cnn-weather-environment/2022/06/28/dogwood-and-cactus-will-improve-your-weather-forecast/ |
BERLIN (AP) — German and European Union leaders gathered experts Tuesday to start work on what Germany’s chancellor described as a “new Marshall Plan” for the rebuilding of Ukraine.
The Marshall Plan was a U.S.-sponsored initiative that helped revive western European economies after World War II. German Chancellor Olaf Scholz, whose country currently chairs the Group of Seven industrial powers, first announced plans for the one-day conference in the summer.
Kyiv’s backers need to discuss already “how to ensure and how to sustain the financing of the recovery, reconstruction and modernization of Ukraine for years and decades to come,” said Scholz, who co-hosted the meeting with European Commission President Ursula von der Leyen.
He said he’s looking at “nothing less than creating a new Marshall Plan for the 21st century, a generational task that must begin now.”
Von der Leyen said the World Bank puts the cost of damage to Ukraine so far at 350 billion euros ($345 billion). The EU decided in June to make Ukraine a candidate to join the bloc, and needs “to firmly embed Ukraine’s reconstruction efforts as part of its path toward the European Union,” she said.
In addition to longer-term help and short-term assistance with its regular budget, “Ukraine needs fast rehabilitation right now as we speak,” as Russia targets Ukrainian electricity and other infrastructure ahead of the onset of the winter, von der Leyen said. She called those attacks “pure acts of terror.”
Ukrainian President Volodymyr Zelenskyy emphasized that point in a video address from Kyiv. He told the Berlin conference participants that Ukraine has a $17 billion “fast recovery” plan to repair damage to hospitals, schools, transportation and energy infrastructure, and other structures.
“As of now, we haven’t received a single cent for the implementation of the fast recovery plan,” he said, speaking through an interpreter.
Scholz underlined Germany’s commitment to keep supplying Ukraine with weapons, including air-defense systems, as long as they are needed.
“The best reconstruction is the reconstruction that does not have to happen at all because Ukrainian cities and power stations are protected from Russian bombs, drones and missiles,” he said.
“We do not yet know when this war will end, but end it will,” the German leader said. “From our own historical experience, we also know that reconstruction is always possible and that it is never too soon to tackle this task.”
Zelenskyy called for reimbursement for damages using seized Russian assets, a point that Polish Prime Minister Mateusz Morawiecki underlined.
“There is a huge pot of gold to be taken and dedicated for Ukraine’s reconstruction, which is Russian assets — assets of the Russian Federation and Russian oligarchs,” Morawiecki said. “Freezing means really not too much. … They have to be confiscated.”
Von der Leyen said that is the aim, but sounded a note of caution. “The will is there, but legally it is not trivial; there’s a lot of work still in it,” she said. “We insist on the rule of law. … This process has to be legally sound.”
Scholz and von der Leyen invited the leaders of the International Monetary Fund, the Organization for Economic Cooperation and Development, the European Investment Bank, the European Bank for Reconstruction and Development, the U.N. Development Program and others on Tuesday.
Ukrainian Prime Minister Denys Shmyhal said he hopes a “financial coordination platform” for efforts to help his country will be set up by the end of this year.
“We have no time to waste. The scale of destruction is staggering,” von der Leyen said. “We need all hands on deck — the G-7, the European Union, Europe; strong partners like the United States, Canada, Japan, the U.K., South Korea, Australia, New Zealand and many, many more.”
____
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine | https://www.yourbasin.com/business/ap-germany-eu-launch-work-on-new-marshall-plan-for-ukraine/ | 2022-10-25 13:22:55 | 1 | https://www.yourbasin.com/business/ap-germany-eu-launch-work-on-new-marshall-plan-for-ukraine/ |
WASHINGTON (AP) — When a Russian fighter jet collided with a large U.S. surveillance drone over the Black Sea, it was a rare but serious incident that triggered a U.S. diplomatic protest and raised concerns about the possibility Russia could recover sensitive technology.
U.S. and Russian officials had conflicting accounts of the collision Tuesday between the MQ-9 Reaper drone and the Russian Su-27 fighter jet; each side blamed the other. A Pentagon spokesman raised the possibility that the Defense Department could eventually declassify and release video it has of the collision.
Russian authorities said Wednesday that they will try to recover the fragments of the drone. But National Security Council spokesman John Kirby told CNN that the Reaper crashed into very deep water and he was not sure whether a recovery was possible.
A look at what’s known and what’s uncertain about the incident.
WHAT THE US SAYS HAPPENED
The Pentagon and U.S. European Command said that two Russian Su-27 aircraft dumped fuel on the MQ-9, which was conducting a routine surveillance mission over the Black Sea in international airspace. They said the Russian jets flew around and in front of the drone several times for 30 to 40 minutes, and then one of the Russian aircraft “struck the propeller of the MQ-9, causing U.S. forces to have to bring the MQ-9 down in international waters.”
Air Force Gen. James Hecker, commander of U.S. Air Forces Europe and Africa, said that the Russian jet’s actions “nearly caused both aircraft to crash.” Pentagon spokesman Brig. Gen. Pat Ryder said the collision likely also damaged the Russian fighter jet, but the Su-27 was able to land. He would not say where it landed.
The Pentagon said the drone was “well clear” of any Ukrainian territory, but did not provide details. A U.S. defense official said it was operating west of Crimea over the Black Sea. The official spoke on condition of anonymity to provide mission details.
It’s not clear if the collision was an accident or intentional, but both sides agree the Russian aircraft were trying to intercept the drone.
WHAT RUSSIA SAYS HAPPENED
The Russian Defense Ministry said the U.S. drone was flying near the Russian border and intruded in an area that was declared off limits by Russian authorities. It said that the Russian military scrambled fighters to intercept the U.S. drone. It claimed that “as a result of sharp maneuver, the U.S. drone went into uncontrollable flight with a loss of altitude and collided with water surface.”
Russia has declared broad areas near Crimea off limits to flights. Ever since the 2014 annexation of Crimea and long before Russia invaded Ukraine last year, Moscow has charged that U.S. surveillance planes were flying too close to its borders while ignoring the notices issued by Russia.
Nations routinely operate in international airspace and waters, and no country can claim limits on territory outside of its own border.
The ministry said the Russian aircraft were scrambled to intercept the drone but didn’t use their weapons and “didn’t come into contact” with it.
WHAT IS AN MQ-9 REAPER?
The MQ-9 Reaper is a large unmanned Air Force aircraft that is remotely operated by a two-person team. It includes a ground control station and satellite equipment and has a 66-foot (20-meter) wingspan. The team includes a rated pilot who is responsible for flying the aircraft and an enlisted aircrew member who is charged with operating the sensors and guiding weapons.
Used routinely during the Iraq and Afghanistan wars for surveillance and airstrikes, the Reaper can be either armed or unarmed. It can carry up to eight laser-guided missiles, including Hellfire missiles and other sophisticated munitions, and can loiter over targets for about 24 hours. It is about 36 feet long, 12 feet high, and weighs about 4,900 pounds (11 meters long, 4 meters high, and 2,200 kilograms). It can fly at an altitude of up to 50,000 feet (15 kilometers) and has a range of about 1,400 nautical miles (2,500 kilometers).
The Reaper, which first began operating in 2007, replaced the Air Force’s smaller Predator drones. Each Reaper costs about $32 million.
DIPLOMATIC DUST-UP
The collision triggered a diplomatic protest.
The U.S. State Department summoned Russian Ambassador Anatoly Antonov to a meeting Tuesday with Karen Donfried, the assistant secretary of state for Europe.
“We are engaging directly with the Russians, again at senior levels, to convey our strong objections to this unsafe, unprofessional intercept, which caused the downing of the unmanned U.S. aircraft,” said State Department spokesman Ned Price.
Kirby said the U.S. will be “expressing our concerns over this unsafe and unprofessional intercept.”
Defense Secretary Lloyd Austin had not talked to his Russian counterpart regarding the incident, Ryder said.
HAS IT HAPPENED BEFORE?
This is not the first time Russian aircraft have flown so close to U.S. aircraft in the Black Sea that it’s prompted the Pentagon to publicly condemn the incident for putting the crews at risk. In 2020, Russian jets crossed in front of a B-52 bomber that was flying over the Black Sea, and flew as close as 100 feet (30 meters) in front of the bomber’s nose, causing turbulence.
Russian jets have also buzzed U.S. warships during exercises in the Black Sea. In 2021, Russian warplanes buzzed the USS Donald Cook, a Navy destroyer, which had been taking part in a major exercise. Until Russia’s invasion last year of Ukraine, U.S. warships more frequently deployed to the Black Sea in response to Russia’s 2014 attack on Crimea.
For the most part, however, military intercepts — either in the air or at sea — are routine and have happened a number of times with Russian aircraft in the Pacific, particularly in the north. Just last month, U.S. fighter jets intercepted two Russian TU-95 bombers in international airspace off Alaska’s coast, and “escorted them” for 12 minutes, according to the Pentagon.
And Russian aircraft have done similar missions, and also buzzed U.S. Navy ships in the Pacific. In most of the cases, the intercepts are deemed safe and professional.
It’s not clear if the Russian pilots were willing to get closer to the Reaper or dump fuel on it because they knew it was unmanned — and therefore there was no risk to an American pilot or crew. The deliberate downing of a manned aircraft — injuring or killing crew members — could be considered an act of war.
___
AP Diplomatic Writer Matthew Lee contributed to this report. | https://www.conchovalleyhomepage.com/news/international/whats-known-and-not-about-us-russia-military-air-crash/ | 2023-03-16 11:59:47 | 0 | https://www.conchovalleyhomepage.com/news/international/whats-known-and-not-about-us-russia-military-air-crash/ |
Aplington-Parkersburg unleashed a high-powered offensive show to knock off Waterloo Columbus 74-39 Monday in Iowa girls basketball on January 16.
Aplington-Parkersburg opened with a 13-8 advantage over Waterloo Columbus through the first quarter.
The Falcons opened a tight 30-19 gap over the Sailors at the half.
Aplington-Parkersburg charged to a 46-27 lead heading into the final quarter.
There was no room for doubt as the Falcons added to their advantage with a 28-12 margin in the closing period.
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You're reading a news brief powered by ScoreStream, a world leader in fan-driven sports results and conversation. Help us collect and deliver more game results from your favorite teams and players by downloading the ScoreStream app. Nearly a million users nationwide share team scores and player performance stats with this convenient free app. | https://wcfcourier.com/sports/high-school/basketball/girls/aplington-parkersburg-chalks-up-convincing-victory-over-waterloo-columbus-74-39/article_e23d70a5-2fe4-536c-9335-08bffcf49a9c.html | 2023-01-17 06:55:28 | 1 | https://wcfcourier.com/sports/high-school/basketball/girls/aplington-parkersburg-chalks-up-convincing-victory-over-waterloo-columbus-74-39/article_e23d70a5-2fe4-536c-9335-08bffcf49a9c.html |
CAIRO (AP) — Rival Libyan factions failed to reach an agreement after wrapping up a third round of U.N.-mediated talks in Egypt, the United Nations said Monday, further complicating international efforts to find a way out of the country’s decade-old chaos.
According to the U.N. special adviser on Libya, Stephanie Williams, lawmakers from Libya’s east-based parliament and the High Council of State, based in the capital of Tripoli in the country's west, concluded their final round of negotiations on constitutional amendments for elections late Sunday in Cairo without a breakthrough.
The talks, which stared on June 12, had sought to establish a constitutional framework for elections in Libya, but the two sides failed to agree on “the measures governing the transitional period” leading to the vote, William said in a statement.
She called on Aguila Saleh, the influential parliament speaker, and Khaled al-Meshri, head of the Tripoli-based council to convene within 10 days to try and bridge the gaps between the two sides. She did not elaborate.
Libyan media reports claimed that the main contested topic was the criteria for a presidential candidacy. The Tripoli-based council insisted on banning military personal from running for the country’s top post — apparently a move directed at commander Khalifa Hifter, a divisive military leader. Hifter had announced his bid in elections slated for last December. That vote was not held because of myriad issues, including controversial hopefuls and disputes about election laws.
During the talks in Cairo, the east-based lawmakers called for allowing military personnel to run in a subsequent vote.
The failure to hold the vote in December was a major blow to international efforts to end a decade of chaos in Libya, where rival administrations are now claiming power after tentative steps toward unity last year.
The oil-rich Libya has been wrecked by conflict since a NATO-backed uprising toppled and killed longtime dictator Moammar Gadhafi in 2011. The country was then for years split between rival administrations in the east and west, each supported by different militias and foreign governments. | https://www.seattlepi.com/news/article/UN-says-Libya-s-rivals-fail-to-reach-deal-in-17252942.php | 2022-06-20 11:01:01 | 0 | https://www.seattlepi.com/news/article/UN-says-Libya-s-rivals-fail-to-reach-deal-in-17252942.php |
WASHINGTON (AP) — Two suspected Chinese intelligence officers have been charged with attempting to obstruct a U.S. criminal investigation of Chinese tech giant Huawei by offering bribes to someone they thought could provide inside information, the Justice Department announced Monday.
The defendants are accused of paying tens of thousands of dollars in digital currency, along with cash and jewelry, to a U.S. official they thought they had recruited as an asset. But the person was actually a double agent working for the FBI, the department said.
That prosecution, as well as two other cases involving Chinese operatives, was highlighted Monday at a news conference that featured the heads of both the FBI and the Justice Department, a rare joint presence reflecting a concerted American show of force against Chinese intelligence efforts. Washington has long accused Beijing of meddling in U.S. political affairs and stealing secrets and intellectual property.
Besides the two men on Monday, 11 other Chinese men have been charged with offenses in the last week, including harassment of individuals in the U.S., that FBI Director Christopher Wray said show that China’s “economic assaults and their rights violations are part of the same problem.”
“They try to silence anyone who fights back against their theft — companies, politicians, individuals — just as they try to silence anyone who fights back against their other aggressions,” he said.
In the Huawei case, Guochun He and Zheng Wang, are accused of trying to direct a U.S. official to supply confidential information about the Justice Department’s investigation, including about witnesses, trial evidence and potential new charges.
The latest announcements came just days after Xi Jinping awarded himself a third term as leader of China’s Communist Party, though Wray dismissed the idea of a possible connection in the timing, noting “we bring cases when they’re ready.”
“If the Chinese government, the Chinese Communist Party, continues to violate our laws, they’re going to keep encountering the FBI,” he said.
The Justice Department separately announced charges against four other Chinese nationals, accusing them of using the cover of an academic institute to try to procure sensitive technology and equipment as well as interfering with protests that “would have been embarrassing to the Chinese government.”
And it highlighted a case from last week in which two additional people were arrested and five others charged with harassing someone living in the U.S. to return to China as part of what Beijing calls “Operation Fox Hunt.”
“Today’s cases make clear that Chinese agents will not hesitate to break the law and to violate international norms in the process,” Deputy Attorney General Lisa Monaco said.
The case connected to the Huawei probe dates to January 2019. The company, a top executive and several subsidiaries had just been indicted on U.S. charges of financial fraud, trade secret theft and sanctions violations.
Wang and He, according to prosecutors, were eager for non-public information about the prosecution and the status of the investigation. They reached out to a contact they had known since 2017, but the person — who was not identified by name — began working as a double agent and engaged in a back-and-forth with the defendants that was overseen by the FBI.
At one point last year, prosecutors say, the person passed to the defendants a single-page document that appeared to be classified and that contained information about a purported Justice Department plan to charge and arrest Huawei executives who were living in China. The person said the document had been secretly photographed during a meeting with federal prosecutors.
The document was prepared specifically for the purposes of the prosecution that was unsealed Monday, and the information in it was neither accurate nor an accurate reflection of any Justice Department plans, officials said.
The company is not named in the charging documents and prosecutors declined at Monday’s news conference to name it, though the references make clear that it’s Huawei.
Spokespeople for Huawei and the Chinese Embassy in Washington did not immediately return messages seeking comment. Huawei has previously called the federal investigation “political persecution, plain and simple.”
“Attacking Huawei will not help the U.S. stay ahead of the competition,” the company said in a statement published in 2020.
In the case linked to “Operation Fox Hunt,” prosecutors say Chinese agents tried to intimidate an unnamed person and his family to return to China. Part of the plot, the U.S. alleges, involved having the person’s nephew travel to the U.S. as part of a tour group to deliver threats that included, “Coming back and turning yourself in is the only way out.” | https://who13.com/news/politics/ap-politics/ap-2-chinese-officers-charged-in-plot-to-obstruct-huawei-probe/ | 2022-10-24 22:59:48 | 0 | https://who13.com/news/politics/ap-politics/ap-2-chinese-officers-charged-in-plot-to-obstruct-huawei-probe/ |
LAS VEGAS, July 11, 2023 /PRNewswire/ -- Westgate Las Vegas Resort & Casino announced today that GRAMMY®, TONY®, and EMMY® Award-winning Singer-Songwriter, Arranger, Producer, and Musician Barry Manilow will perform a series of concerts September 21-23 to raise money for charity and celebrate his record-breaking number of shows at the International Theater at the Westgate Las Vegas Resort & Casino. The previous record was held by none other than Elvis Presley.
Tickets for the Special Record-Breaking Weekend (September 21, 22 and 23 performances) range in price from $69.75 to $390.00 plus tax and applicable fees. Tickets for the Special Record-Breaking Weekend will go on sale Friday, July 14th at 10am P.D.T. Tickets can be purchased at Ticketmaster.com, the Westgate Las Vegas Resort & Casino WOW Rewards Center at (702) 252-6000 ext. 5050, online at www.barrymanilow.com or www.westgatelasvegas.com
"It's an honor to be on the same stage that the King once graced," said Manilow. "This weekend is going to be especially meaningful because we are also going to raise money for some very deserving charities."
Each ticket purchased for this weekend comes with a Collector's Commemorative Coin, a Copacabana Boa, a Record-Breaking Celebration hat, two free drinks (in a collectible cup) at the Copa Bar, and a VIP Pass to the Saturday afternoon private screening of COPACABANA – The Movie!
Proceeds from each ticket and package sold will benefit the following charities:
Barbara Sinatra Children's Center - https://barbarasinatrachildrenscenter.org/
Manilow Music Project - https://www.manilowmusicproject.org/
Musicians on Call - https://www.musiciansoncall.org/
Three Square - https://www.threesquare.org/
Victoria's Voice - https://victoriasvoice.foundation/
Youth Villages – https://youthvillages.org/
Fan Club Pre-Sale tickets go on sale July 11th at 10 AM PDT
MANILOW: LAS VEGAS – The Hits Come Home! This spectacular show is unlike anything Manilow has ever done with massive video walls, elaborate sets, and special effects - a non-stop evening of Manilow's impressive catalog of Top 40 Hits. The show has received rave reviews from the media and Manilow fans worldwide.
ABOUT BARRY MANILOW
Having sold over 85 million albums worldwide, Barry Manilow is one of the world's all-time bestselling recording artists. The GRAMMY®, TONY®, and EMMY® Award-winning musician has had an astonishing 50 Top 40 singles, including 12 #1s and 27 Top 10 hits. He is ranked as the #1 Adult Contemporary Artist of all time, according to Billboard and R&R magazines.
www.westgateresorts.com/manilow
www.facebook.com/barrymanilow
www.twitter.com/barrymanilow
www.instagram.com/barrymanilowofficial
ABOUT WESTGATE LAS VEGAS RESORT & CASINO
Westgate Las Vegas Resort & Casino, the iconic world-class destination and the home of Legendary Vegas Fun, offers a unique blend of amenities and excitement with all your favorite table games, hottest slots on the market, incredible restaurants, endless entertainment, more than 225,000 square feet of meeting space and the world's favorite Race & Sports SuperBook®, which is home to Nevada's largest wagering system and more than 4,500 square feet of newly-updated state-of-the-art HD video screens, in a comfortable, smoke-free environment. Westgate Las Vegas provides a range of culinary adventures with eight Las Vegas restaurants, including the world-famous Benihana Village, the award-winning Edge Steakhouse, now rated the top restaurant and top steakhouse in Las Vegas on TripAdvisor and Fresco Italiano, the top Italian restaurant in Las Vegas on TripAdvisor.
The home of legendary performer Barry Manilow, the property features entertainment options in the International Theater and the Westgate Cabaret and has recently undergone nearly $300 million in renovations that has encompassed every square inch of the property, including the addition of 300 timeshare villas, a new suite of fine dining restaurants, a fully renovated pool deck, 2,100 remodeled rooms including the all-new Premier Rooms and Luxe Rooms and the award-winning luxurious Serenity Spa in Las Vegas. For more information or to book our Las Vegas hotel, call toll free at (800) 732-7117 or log on to WestgateLasVegas.com
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SOURCE Westgate Las Vegas Resort & Casino | https://www.1011now.com/prnewswire/2023/07/11/pop-music-icon-barry-manilow-set-have-record-breaking-weekend/ | 2023-07-11 20:08:05 | 0 | https://www.1011now.com/prnewswire/2023/07/11/pop-music-icon-barry-manilow-set-have-record-breaking-weekend/ |
Coming to a theater near you: $3 movie tickets for one day
NEW YORK (AP) — For one day, movie tickets will be just $3 in the vast majority of American theaters as part of a newly launched “National Cinema Day” to lure moviegoers during a quiet spell at the box office.
The Cinema Foundation, a non-profit arm of the National Association of Theater Owners, on Sunday announced that Sept. 3 will be a nationwide discount day in more than 3,000 theaters and on more than 30,000 screens. Major chains, including AMC and Regal Cinemas, are participating, as are all major film studios. In participating theaters, tickets will be no more than $3 for every showing, in every format.
Labor Day weekend is traditionally one of the slowest weekends in theaters. This year, the August lull has been especially acute for exhibitors. Cineworld, which owns Regal Cinemas, cited the scant supply of major new releases in its recent plans to fill for Chapter 11 bankruptcy.
But, if successful, National Cinema Day could flood theaters with moviegoers and potentially prompt them to return in the fall. Before each showing, ticket buyers will be shown a sizzle reel of upcoming films from A24, Amazon Studios, Disney, Focus Features, Lionsgate, Neon, Paramount, Sony Pictures Classics, Sony, United Artists Releasing, Universal, and Warner Bros.
“After this summer’s record-breaking return to cinemas, we wanted to do something to celebrate moviegoing,” said Jackie Brenneman, Cinema Foundation president, in a statement. “We’re doing it by offering a ‘thank you’ to the moviegoers that made this summer happen, and by offering an extra enticement for those who haven’t made it back yet.”
After more than two years of pandemic, movie theaters rebounded significantly over the summer, seeing business return to nearly pre-pandemic levels. Films like “Top Gun: Maverick,””Minions: Rise of Gru,“”Doctor Strange in the Multiverse of Madness” and “Jurassic World Dominion” pushed the domestic summer box office to $3.3 billion in ticket sales as of Aug. 21, according to data firm Comscore. That trails 2019 totals by about 20% but exhibitors have had about 30% fewer wide releases this year.
Organizers of National Cinema Day described the event as a trial that could become an annual fixture. While some other countries have experimented with a similar day of cheap movie tickets, the initiative is the first of its kind on such a large scale in the U.S.
___
Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/28/coming-theater-near-you-3-movie-tickets-one-day/ | 2022-08-28 13:16:24 | 1 | https://www.wibw.com/2022/08/28/coming-theater-near-you-3-movie-tickets-one-day/ |
Top Player Prop Bets for Twins vs. Guardians on May 5, 2023
Byron Buxton and Jose Ramirez are among the players with prop bets for the taking when the Minnesota Twins and the Cleveland Guardians square off at Progressive Field on Friday (first pitch at 7:10 PM ET).
Bet on this matchup or its props with DraftKings!
Twins vs. Guardians Game Info
- When: Friday, May 5, 2023 at 7:10 PM ET
- Where: Progressive Field in Cleveland, Ohio
- How to Watch on TV: Apple TV+
- Live Stream: Watch the MLB on Fubo!
Discover More About This Game
MLB Props Today: Minnesota Twins
Bailey Ober Props
- Strikeouts Prop: Over/Under 4.5 (Over Odds: -105)
Ober Stats
- Bailey Ober will take to the mound for the Twins, his third start of the season.
- Ober will look to finish five or more innings for the third start in a row.
Ober Recent Games
Check out the latest odds and place your bets on any of Bailey Ober's player props with DraftKings Sportsbook.
Byron Buxton Props
- Hits Prop: Over/Under 0.5 (Over Odds: -185)
- Runs Prop: Over/Under 0.5 (Over Odds: +105)
- Home Runs Prop: Over/Under 0.5 (Over Odds: +340)
- RBI Prop: Over/Under 0.5 (Over Odds: +140)
Buxton Stats
- Buxton has seven doubles, a triple, eight home runs, 15 walks and 19 RBI (28 total hits). He's also stolen two bases.
- He has a .262/.350/.570 slash line so far this year.
- Buxton has recorded a base hit in eight games in a row. During his last 10 outings he is hitting .297 with four doubles, five home runs, seven walks and 12 RBI.
Buxton Recent Games
Joey Gallo Props
- Hits Prop: Over/Under 0.5 (Over Odds: -159)
- Runs Prop: Over/Under 0.5 (Over Odds: -115)
- Home Runs Prop: Over/Under 0.5 (Over Odds: +230)
- RBI Prop: Over/Under 0.5 (Over Odds: +135)
Gallo Stats
- Joey Gallo has 12 hits with three doubles, a triple, seven home runs, 12 walks and 14 RBI.
- He's slashing .190/.329/.603 so far this year.
Gallo Recent Games
Bet on player props for Byron Buxton, Joey Gallo or other Twins players with DraftKings Sportsbook.
Buy officially licensed gear for your favorite teams and players at Fanatics!
MLB Props Today: Cleveland Guardians
José Ramírez Props
- Hits Prop: Over/Under 0.5 (Over Odds: -222)
- Runs Prop: Over/Under 0.5 (Over Odds: +110)
- Home Runs Prop: Over/Under 0.5 (Over Odds: +500)
- RBI Prop: Over/Under 0.5 (Over Odds: +160)
Ramírez Stats
- Ramirez has nine doubles, a triple, three home runs, 24 walks and 17 RBI (34 total hits). He's also stolen five bases.
- He has a .286/.400/.454 slash line on the year.
- Ramirez has hit safely in three games in a row. In his last five games he is batting .350 with four walks and an RBI.
Ramírez Recent Games
Steven Kwan Props
- Hits Prop: Over/Under 0.5 (Over Odds: -286)
- Runs Prop: Over/Under 0.5 (Over Odds: +115)
- Home Runs Prop: Over/Under 0.5 (Over Odds: +1200)
- RBI Prop: Over/Under 0.5 (Over Odds: +280)
Kwan Stats
- Steven Kwan has 34 hits with four doubles, a triple, 20 walks and 11 RBI. He's also stolen seven bases.
- He has a slash line of .274/.370/.323 so far this year.
Kwan Recent Games
Bet on player props for José Ramírez, Steven Kwan or other Guardians players with DraftKings Sportsbook.
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© 2023 Data Skrive. All rights reserved. | https://www.kalb.com/sports/betting/2023/05/05/twins-vs-guardians-mlb-player-prop-bets/ | 2023-05-05 16:49:35 | 1 | https://www.kalb.com/sports/betting/2023/05/05/twins-vs-guardians-mlb-player-prop-bets/ |
Winner of the Governor's State of Sport Award for "Event of the Year" for 2021 Returns to Salt Lake City
VISTA, Calif., April 11, 2023 /PRNewswire/ -- Today, the Utah Sports Commission, Tony Hawk Inc., and X Games announced an incredible weekend of skateboarding featuring "Tony Hawk's Vert Alert (THVA)," to take place at Vivint Arena in downtown Salt Lake City on Friday June 23rd and Saturday June 24th, 2023. After extremely successful Vert Alert events in 2021 and 2022, Tony Hawk and X Games are excited to announce that Tony Hawk's Vert Alert will now be a direct qualifying event leading to X Games 2023.
This epic, free-to-the-public event will kick off with preliminary rounds of both the men's and women's pro vert contests and the incredibly popular Tony Hawk's Vert Alert "Legends Demo." Saturday the 24th culminates with a combined field of 16 of the best male and female vert skaters competing in the THVA Finals. 10 hand-chosen male and female skaters will compete in the popular "Best Trick Contest." The exciting twist this year is that the top 3 male and top 3 female skaters will earn coveted invitations to X Games 2023 - details to be announced soon on xgames.com. Plus, the skaters will all be competing for a combined purse of $75,000.
Fans will be watching some of the biggest airs and most progressive tricks in vert skateboarding all on Hawk's state-of-the-art vert ramp. And don't forget an appearance on both days by the legend himself, Tony Hawk. Plus, check out the free indoor and outdoor interactive sponsor village.
Last year's winners include Jimmy Wilkins, Mitchie Brusco, Moto Shibata, Lilly Stoephasius, Bryce Wettstein, and Arisa Trew. Best Trick winners were Edouard Damestoy and Reese Nelson.
Both THVA days are free to the public, with event details and times published at https://thvertalert.com/. Live streaming options for the Legends Demo, the Men's and Women's Finals, and the Best Trick Contests will be available at xgames.com. And in the days following Vert Alert, a two-hour highlight show featuring all the best from the weekend will air on ESPN.
"Continuing our terrific partnership with Tony Hawk on this two-day celebration of skateboarding will be great for Utah and also skateboarding globally," said Jeff Robbins President & CEO of the Utah Sports Commission. "Welcoming back some of the top skateboarding athletes and Olympians in the world will once again showcase why, Utah is the State of Sport."
"I'm excited to bring our world-class vert event back to Salt Lake City in 2023," said Tony Hawk. "The stakes are higher than ever as this year's event winners will automatically qualify for X Games 2023. The previous two years were hugely successful and we're proud to be back with many of the most talented skaters in the world for a free, two-day vert showcase. It will be a triumphant return to Salt Lake City for the third Vert Alert! Come join us!"
"Vivint Arena has hosted many celebrated figures during its 32-year history, and we are thrilled to add Tony Hawk to that long roster of legends," said Jim Olson, president of the Utah Jazz. "Tony Hawk's Vert Alert will be an event unlike any other we have hosted, and we look forward to offering this entertaining weekend to our incredible community."
TICKET INFORMATION
Entry to Vivint Arena and access to "Tony Hawk's Vert Alert" will be FREE to the general public on both days. VIP tickets and additional info are available at www.THVertAlert.com.
SPONSOR INFORMATION
For interest in sponsorship opportunities, contact mgt@tonyhawk.com.
About Utah Sports Commission
The Utah Sports Commission was created to be a catalyst for Utah in its Olympic legacy efforts and to help enhance Utah's economy, image, and quality of life through the attraction, promotion, and development of national and international sports. Since the 2002 Olympics and Paralympics, the Utah Sports Commission has attracted nearly 900 major events to the state. The Sports Commission works closely with communities, sports entities, and organizations to provide event services ranging from the bid process, on-site logistics, volunteer coordination, sponsorships and promotional opportunities, and other related services. It is a not-for-profit 501(c)6 business league and Utah Sports Commission Foundation, a not-for-profit 501c3 charitable organization, is governed by an all-volunteer Board of Trustees consisting of statewide sports, business, community, and government leaders. For more information, visit www.utahsportscommission.com and follow us on Twitter, Instagram and Facebook.
About Tony Hawk Inc.
After more than 30 years of building a global brand ranging from apparel, toys, events, endorsements, social media, film production and one of the most successful video game franchises ever, legendary pro-skateboarder Tony Hawk remains one of the most popular athletes in the world. Hawk's foundation, The Skatepark Project, helps finance public skateparks in underserved communities across the USA and other parts of the world. And he still skates regularly.
About X Games
X Games 2023 features the world's best action sports athletes competing across the world for the highest honor in Action Sports, an X Games gold medal. Live event coverage is broadcast on ESPN and ABC along with @xgames digital and social media platforms. To get the most up-to-date information as it's released or visit www.xgames.com.
CONTACT: Jessica Reda, jessica@shpny.com
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SOURCE Tony Hawk Inc. | https://www.cleveland19.com/prnewswire/2023/04/11/utah-sports-commission-presents-tony-hawks-vert-alert-road-x-games/ | 2023-04-11 16:52:43 | 0 | https://www.cleveland19.com/prnewswire/2023/04/11/utah-sports-commission-presents-tony-hawks-vert-alert-road-x-games/ |
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MADISON, Wis. (AP) — The man accused of firebombing a prominent Wisconsin anti-abortion group's office has pleaded not guilty.
Investigators believe Hridindu Roychowdhury, of Madison, threw two Molotov cocktails into the Madison office of Wisconsin Family Action last May. He entered a not guilty plea Tuesday to one count of attempting to cause damage by means of fire or an explosive. He also waived his right to appear in court for an arraignment once he is returned to Wisconsin.
One of the firebombs thrown into the anti-abortion group’s office failed to ignite; the other set a bookcase on fire. No one was in the office at the time. The message “If abortions aren’t safe then you aren’t either” was found spray-painted on the building.
Police arrested Roychowdhury in a Boston airport last month after investigators matched his DNA to samples from the crime scene. He had a one-way ticket to Guatemala, according to the U.S. attorney's office.
Myra Longfield, a spokesperson for the U.S. attorney's office in Madison, said Thursday that Roychowdhury is being held in federal custody but has not yet been returned to Wisconsin. A date has not been set for his initial appearance in court. | https://www.ourmidland.com/news/article/man-pleads-not-guilty-in-anti-abortion-office-17895247.php | 2023-04-13 16:20:42 | 1 | https://www.ourmidland.com/news/article/man-pleads-not-guilty-in-anti-abortion-office-17895247.php |
Key suspect in Natalee Holloway’s case moved to new prison ahead of extradition to US
LIMA, Peru (AP) — The chief suspect in the unsolved 2005 disappearance of American student Natalee Holloway is being transferred to a prison near Peru’s capital ahead of his pending extradition to the United States to face charges linked to her vanishing, officials said Saturday.
The government of Peru, where Dutch citizen Joran van der Sloot was serving a 28-year sentence for the murder of a Peruvian woman, authorized his extradition to the U.S. in May.
Máximo Altez, van der Sloot’s lawyer, said is client was being taken by land from the Challapalca prison in Peru’s southern Andes to the Piedras Gordas prison on the outskirts of Lima.
“In the coming days, the INPE (National Penitentiary Institute) will hand over the condemned man to Interpol Peru with the goal of handing him over to U.S. authorities from the FBI,” said a statement from the INPE released Saturday.
Altez said that once the bureaucratic procedures are completed and van der Sloot is given a medical exam, his client will be transferred to the U.S. He estimated the extradition could take place on Tuesday, but Peruvian officials did not confirm this day.
Van der Sloot has agreed to be sent to the United States where he faces trial for alleged extortion and wire fraud charges linked to the Holloway case, his lawyer said.
When asked by the Associated Press why his client agreed, the lawyer responded: “He is imprisoned in the worst prison in the world,” referring the maximum-security Challapalca prison.
“Any prison in the United States is a five-star hotel” in comparison, he said.
Altez said that, according to the treaty between Peru and the United States, van der Sloot is being extradited to the U.S. temporarily for one year to face legal proceedings and in the event of a delay, this period can be extended for another year.
“At the end of this, he has to be returned to Peru,” Altez said. He will spend “at most two years in the United States.”
Altez said his client denies being guilty of the crimes of extortion and fraud.
Holloway, who lived in suburban Birmingham, Alabama, was 18 when she was last seen during a trip with classmates to the Caribbean island of Aruba. She vanished after a night with friends at a nightclub, leaving a mystery that sparked years of news coverage and countless true-crime podcasts. She was last seen leaving a bar with van der Sloot, who was a student at an international school on the island.
Van der Sloot was identified as a suspect and detained weeks later, along with two Surinamese brothers. Holloway’s body was never found, and no charges were filed in the case. A judge later declared Holloway dead.
The federal charges filed in Alabama against van der Sloot stem from an accusation that he tried to extort the Holloway family in 2010, promising to lead them to her body in exchange for hundreds of thousands of dollars. A grand jury indicted him that year on one count each of wire fraud and extortion, each of which is punishable by up to 20 years in prison.
Also in 2010, van der Sloot was arrested in Peru for the murder of 21-year-old Stephany Flores, who was killed five years to the day after Holloway’s disappearance.
Peruvian prosecutors accused van der Sloot of killing Flores, a business student from a prominent family, to rob her after learning she had won money at the casino where the two met. They said he killed her with “ferocity” and “cruelty,” beating then strangling her in his hotel room. He pleaded guilty in 2012.
Van der Sloot married a Peruvian woman in July 2014 in a ceremony at a maximum security prison. He has been transferred from prisons in response to reports that he enjoyed privileges such as television, internet access and a cellphone, and accusations that he had threatened to kill a warden.
A 2001 treaty between Peru and the U.S. allows a suspect to be temporarily extradited to face trial in the other country. It requires that the prisoner “be returned” after judicial proceedings are concluded “against that person, in accordance with conditions to be determined by” both countries.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.kaaltv.com/news/us-world-news/key-suspect-in-natalee-holloways-case-moved-to-new-prison-ahead-of-extradition-to-us/ | 2023-06-03 22:15:34 | 1 | https://www.kaaltv.com/news/us-world-news/key-suspect-in-natalee-holloways-case-moved-to-new-prison-ahead-of-extradition-to-us/ |
Netflix said Wednesday it plans to build a state-of-the-art production facility at a former Army base at the Jersey Shore that will cost more than $900 million, and create thousands of jobs.
The subscription video streaming company will pay $55 million for a 292-acre site on the former Fort Monmouth military base in Eatontown and Oceanport.
The California-based company plans an additional $848 million worth of investments in 12 sound stages and for other uses related to the film industry.
“We’re thrilled to continue and expand our significant investment in New Jersey and North America,” said Ted Sarandos, the company’s co-CEO and chief content officer. “We believe a Netflix studio can boost the local and state economy with thousands of new jobs and billions in economic output, while sparking a vibrant production ecosystem in New Jersey.”
The announcement was made Wednesday evening, following a vote by the Fort Monmouth Economic Revitalization Authority to accept Netflix’s bid over three competing offers.
“This transformative investment will serve as a cornerstone in our efforts to create a thriving industry from whole cloth,” said New Jersey Gov. Phil Murphy, a Democrat. “As a result of nearly a billion dollars in film production spending, New Jersey will further solidify its status as an emerging national leader in the television and film industries.”
He also said the project will create new housing, hotel and film-related businesses in the area, which has suffered economically since the Army closed the base in 2011.
The project is due to be completed in two phases over the course of several years.
The first will include the construction of a dozen sound stages, each ranging in size from 15,000 to 40,000 square feet (around 1,400 to 3,700 square meters).
Additional work may include office space, production services buildings and related studio space with the potential for consumer-focused components including retail uses.
“We are thrilled by the promise this Netflix project will deliver,” said Michele Siekerka, president and CEO of the New Jersey Business and Industry Association. “Jobs and innovation are at the heart of this Netflix-New Jersey partnership, just as they were throughout Fort Monmouth’s rich history.”
The plan still needs numerous levels of approvals from local and state officials.
Another TV and film production studio is set to be built in New Jersey on the site of a now-demolished public housing complex in Newark. The $125 million, 12-acres studio will be anchored by global entertainment provider Lionsgate, officials announced in May.
___
Follow Wayne Parry on Twitter at www.twitter.com/WayneParryAC | https://www.texomashomepage.com/entertainment-news/ap-netflix-plans-900m-facility-at-former-new-jersey-army-base/ | 2022-12-22 17:22:18 | 1 | https://www.texomashomepage.com/entertainment-news/ap-netflix-plans-900m-facility-at-former-new-jersey-army-base/ |
STARKVILLE, Miss. (AP) — Mississippi State coach Mike Leach has signed a two-year contract extension through 2025 after leading the Bulldogs to their second consecutive bowl appearance.
MSU football spokesman Brandon Langlois on Wednesday confirmed the extension, which was initially reported by several media outlets. The third-year coach’s base annual salary increases from $5 million to $5.5 million under the new deal.
Known for his high-octane Air Raid offensive scheme — and for being outspoken — Leach is 11-13 in two seasons at MSU and 150-103 over a 20-year head coaching career with stops at Washington State and Texas Tech.
The Bulldogs went 7-6 in 2021 with wins over three ranked schools. Junior quarterback Will Rogers led an offense that ranked fourth nationally in passing at 378.3 yards per game and tied for 28th in total offense (441.5).
MSU is 1-1 in postseason under Leach, dropping last season’s Liberty Bowl 34-7 to Texas Tech. They won the Armed Forces Bowl in 2020 following a 10-game, Southeastern Conference-only schedule because of the coronavirus pandemic.
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25. Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25 | https://www.ourmidland.com/sports/article/Leach-signs-2-year-contract-extension-with-17274906.php | 2022-06-29 21:12:45 | 1 | https://www.ourmidland.com/sports/article/Leach-signs-2-year-contract-extension-with-17274906.php |
Readers Jan and Rebecca reached out to VERIFY to ask if an “affordable connectivity program” claimed to be run by the Federal Communications Commission (FCC) was legitimate or a scam.
There are countless ads on social media offering a $30 discount on internet services through the program.
THE QUESTION
Can people really get discounted internet through the “Affordable Connectivity Program?”
THE SOURCES
- Federal Communications Commission (FCC)
- Universal Service Administrative Co., the FCC-funded nonprofit that runs the Affordable Connectivity Program
- AARP
- Biden Administration
- Internet service providers Comcast, Cox Communications, AT&T and Verizon
THE ANSWER
Yes, people can really get discounted internet through the FCC’s Affordable Connectivity Program. The program offers a $30-per-month discount on internet services, but only low-income households qualify.
WHAT WE FOUND
The Affordable Connectivity Program is an initiative run by the Federal Communications Commission (FCC) that provides discounts for broadband internet and devices to people with low incomes.
The program provides a discount of up to $30 per month toward internet service for eligible households, and up to $75 per month for households on tribal lands. Eligible households can also receive a discount of up to $100 to purchase a laptop, desktop computer or tablet.
Qualified households include those with incomes at or below 200% of the federal poverty line, as well as households with individuals participating in another benefit or assistance program. This includes students receiving federal Pell grants, people participating in SNAP, people on Medicaid, families with students receiving free or reduced lunch, families meeting eligibility requirements for their provider’s existing low-income internet program and households participating in a tribal assistance program.
The AARP says that 200% of the federal poverty line, which is currently based on 2021 income, is $27,180 for an individual and $55,500 for a household of four.
More from VERIFY: Yes, Social Security's cost-of-living adjustment for 2023 is expected to be higher than average
The Biden Administration says it has commitments from 20 internet providers, including Comcast, Cox Communications, AT&T and Verizon, to offer ACP-eligible households with an internet service plan that costs no more than $30 a month. When combined with the $30 discount offered through the Affordable Connectivity Program, the administration says, these homes can receive free internet service. The White House adds these plans must offer a minimum of 100 Mbps download speed.
According to AARP and Common Sense, a nonprofit that shares technology recommendations for families and schools, over 100 million people qualify for the program; that's nearly 40% of U.S. homes.
According to the Universal Service Administrative Co., the FCC-funded nonprofit that is running the program, 13.3 million households were enrolled in the Affordable Connectivity Program as of Aug. 22.
Interested people can check their eligibility and apply for the program anytime on a Universal Service Administrative Co. website dedicated to the Affordable Connectivity Program. | https://www.5newsonline.com/article/news/verify/money-verify/fcc-affordable-connectivity-program-30-dollar-internet-discount-real/536-c1de0bfb-4545-43bc-9bd8-4219d6b9f040 | 2022-08-24 14:43:42 | 0 | https://www.5newsonline.com/article/news/verify/money-verify/fcc-affordable-connectivity-program-30-dollar-internet-discount-real/536-c1de0bfb-4545-43bc-9bd8-4219d6b9f040 |
LEHIGH VALLEY, Pa., Nov. 22, 2022 /PRNewswire/ -- Air Products (NYSE: APD) today announced that Chairman, President and Chief Executive Officer Seifi Ghasemi will speak at Citi's Basic Materials Conference on November 29, 2022 at 1:15 p.m. ET.
Access to the session is available via Air Products' Investor Relations Event Details website.
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products' base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.
The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of over $60 billion. More than 21,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
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SOURCE Air Products | https://www.wistv.com/prnewswire/2022/11/22/air-products-chairman-president-chief-executive-officer-speak-citis-basic-materials-conference-november-29/ | 2022-11-22 21:16:18 | 0 | https://www.wistv.com/prnewswire/2022/11/22/air-products-chairman-president-chief-executive-officer-speak-citis-basic-materials-conference-november-29/ |
Let's hear it for the lord and his princess.
Scott Disick shared a sweet tribute to his daughter Penelope Disick on Instagram June 5. "My little blessing above all," the reality star wrote alongside a photo of P smiling and wearing a T-shirt from his brand Talentless. "2 top it off she's wearing a t shirt I made for her. Love this girl."
In addition to Penelope, Scott shares sons Mason Disick, 12, and Reign Disick, 7, with his ex Kourtney Kardashian, who recently tied the knot with Travis Barker. And for his 39th birthday on May 26, Scott celebrated by posting a video of himself getting playfully tackled by his three kiddos. "Happy birthday 2 me!" he wrote on Instagram at the time. "Biggest blessing of my life right here!"
Indeed, whether Scott is celebrating a major milestone or just having the "best day ever" chilling at home with his children, it's clear that he loves being a dad. As he wrote in a Valentine's Day tribute to Penelope, "Watching her grow into the little lady she is today has made me appreciate life more and more every day. I love u soooooo much p!"
To keep up with Scott's latest post and see more photos of Penelope from over the years, scroll on. | https://www.eonline.com/news/1333516/scott-disick-pens-sweet-tribute-to-little-blessing-penelope-disick | 2022-06-06 13:40:22 | 0 | https://www.eonline.com/news/1333516/scott-disick-pens-sweet-tribute-to-little-blessing-penelope-disick |
Red Cross offers emergency preparedness workshop for Kansans
TOPEKA, Kan. (WIBW) - During National Preparedness Month in September, the Red Cross says it wants to help as many Kansans as possible get ready for emergencies.
The American Red Cross of Kansas and Oklahoma will host a free, virtual preparedness workshop every Wednesday and Thursday from noon to 1 p.m. throughout the month of September. Residents can join via Zoom or Microsoft Teams.
“You can help support your community by building resiliency to disasters within your own home by being Red Cross Ready. The more resilient your household is to disasters, the less impact they make on your family,” said Linda Medford, Kansas-Oklahoma Regional Preparedness Manager.
The Red Cross indicated that the sessions will offer more information on three simple steps residents can take to keep families safe during disasters - 1) Get a Kit, 2) Make a Plan, and 3) Be Informed.
The Red Cross noted that families should build their emergency kits with a gallon of water per person, per day, non-perishable food, a flashlight and a battery-powered radio. It said families should also include a first aid kit, medications, supplies for infants or pets, a multi-purpose tool and personal hygiene items. Lastly, copies of important documents, cell phone chargers, blankets, maps of the area and emergency contact information should be added.
The organization said families should plan what to do in case they get separated during an emergency and what to do if they need to evacuate. It said to ensure plans are coordinated with children’s schools, jobs and community emergency plans.
Lastly, the Red Cross said families should stay informed by finding out what emergency situation could occur where they live, work and go to school, how officials will contact them during a disaster and how to get important information like evacuation orders.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/14/red-cross-offers-emergency-preparedness-workshop-kansans/ | 2022-09-14 19:29:14 | 0 | https://www.wibw.com/2022/09/14/red-cross-offers-emergency-preparedness-workshop-kansans/ |
Animal shelter reunites owner with dog she gave up due to homelessness
Updated: 1:25 PM CST Jan 26, 2023
An animal shelter in Tennessee went viral after offering kindness to a woman who surrendered her dog due to homelessness. This week, the staff at McKamey Animal Center in Chattanooga posted Lilo's story to its Facebook page in hopes of finding her owner. A good Samaritan first found Lilo wandering with her leash still attached and a note on her collar, explaining that her owner had surrendered her when she became homeless. Shelter staff pledged to look after Lilo, but went a step further and made an offer to her owner."We want you to know she is safe, and we will take the very best care of her," the post reads. "She will be loved by our staff and volunteers, we will keep her name, and we promise you we will do our best to find her a wonderful new home. But if you are reading this, we hope you will come forward to reclaim her. We will help you with whatever you need to care for her, to the best of our ability. Lilo definitely misses you, and we would like nothing more than to see her go back to the family she loves. Either way, please know that we understand, we will not judge, and we are here to help in any way we can." After the original post earned thousands of likes, comments and shares, the shelter posted an update a couple of days later. Lilo's owner had been found and the two were able to reunite."While we can't share a lot of the details with you yet, we are actively working with the family to set them up with a safe haven, shelter, and resources to stay together and tackle homelessness," shelter staff wrote. "We are thankful for everyone who has advocated for the family and shared our post. We are amazed at the outpouring of support."
CHATTANOOGA, Tenn. — An animal shelter in Tennessee went viral after offering kindness to a woman who surrendered her dog due to homelessness.
This week, the staff at McKamey Animal Center in Chattanooga posted Lilo's story to its Facebook page in hopes of finding her owner.
A good Samaritan first found Lilo wandering with her leash still attached and a note on her collar, explaining that her owner had surrendered her when she became homeless. Shelter staff pledged to look after Lilo, but went a step further and made an offer to her owner.
Courtesy of McKamey Animal Center
This note from Lilo’s owner was attached to her collar when a good Samaritan found her.
"We want you to know she is safe, and we will take the very best care of her," the post reads. "She will be loved by our staff and volunteers, we will keep her name, and we promise you we will do our best to find her a wonderful new home. But if you are reading this, we hope you will come forward to reclaim her. We will help you with whatever you need to care for her, to the best of our ability. Lilo definitely misses you, and we would like nothing more than to see her go back to the family she loves. Either way, please know that we understand, we will not judge, and we are here to help in any way we can."
Courtesy of McKamey Animal Center
Lilo
After the original post earned thousands of likes, comments and shares, the shelter posted an update a couple of days later. Lilo's owner had been found and the two were able to reunite.
Courtesy of McKamey Animal Center
Lilo and her owner reuniting
"While we can't share a lot of the details with you yet, we are actively working with the family to set them up with a safe haven, shelter, and resources to stay together and tackle homelessness," shelter staff wrote. "We are thankful for everyone who has advocated for the family and shared our post. We are amazed at the outpouring of support." | https://www.wvtm13.com/article/animal-shelter-reunites-owner-with-dog-she-gave-up-due-to-homelessness/42676421 | 2023-01-26 20:06:01 | 1 | https://www.wvtm13.com/article/animal-shelter-reunites-owner-with-dog-she-gave-up-due-to-homelessness/42676421 |
MANCHESTER, England (AP) — Manchester City striker Erling Haaland tied the record for the most goals in a 38-game Premier League season after moving his tally to 32 with an early double against Leicester on Saturday.
Haaland is now level with Liverpool forward Mohamed Salah, who scored 32 goals in the 2017-18 season.
City still has eight more games to play in the league and Haaland is on course to break the record for a 42-game campaign, which stands at 34 goals and is jointly held by Andy Cole (at Newcastle in the 1993-94 season) and Alan Shearer (at Blackburn in ’94-95).
Haaland scored in the 13th and 25th minutes against Leicester at Etihad Stadium before getting substituted at halftime. He has 47 goals in all competitions in his first season in English soccer.
City was leading Leicester 3-0 at halftime and won the match 3-1.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://pix11.com/sports/ap-sports/haaland-ties-record-for-most-goals-in-38-game-epl-season/ | 2023-04-16 07:39:32 | 0 | https://pix11.com/sports/ap-sports/haaland-ties-record-for-most-goals-in-38-game-epl-season/ |
TAMPA, Fla., June 20, 2023 /PRNewswire/ -- Neurolief, a medical neurotechnology innovator, today announced new data released at the 65th Annual Scientific Meeting hosted by the American Headache Society (June 15-18, 2023, Austin, TX). The real-world, open label analysis presents clinically meaningful data on both the acute treatment and prevention of migraine. Relivion MG is a novel wearable digital therapeutic neurostimulation system, intended to treat migraine and reduce the need for drug therapies.
"This real-world data is extremely promising," says Roni Sharon, a board-certified neurologist and headache specialist, and assistant professor of neurology at Tel Aviv University's Slackler School of Medicine. "The remarkable results achieved in this subset of more difficult to treat patient population underscore the immense potential of Relivion's innovative technology in helping millions of people living with migraine."
Neurolief's eCOT-NS technology is the first external, combined occipital and trigeminal neurostimulation system (eCOT-NS) which applies electrical impulse to 6 major nerve branches in the head associated with migraine. Combined occipital and trigeminal neurostimulation was previously possible only by an invasive high-risk procedure.
Poster 1: Initial Efficacy and Safety Evidence of Long-Term Migraine Preventive Treatment Using External Combined Occipital and Trigeminal Nerve Stimulation (poster #: P-252)
- This post-hoc analysis included sixteen subjects with high frequency episodic or chronic migraine who self-administered daily treatments with Relivion MG for a 9-month period.
- Mean Monthly Migraine Days (MMD) decreased by 75%, from 17.8 days per month at baseline to 4.8 days at the end of the third treatment month (p<0.0001).
- Observed MMDs during treatment months 4-6 were stable despite the reduced frequency of treatment.
- Mean monthly rescue medication intake days decreased by 80%, from 14 days per month at baseline to 4 days at the end of the third treatment month (p<0.0001).
- Observed monthly rescue medication intake days during treatment months 4-6 were stable despite the reduced frequency of treatment.
- No serious adverse events were reported.
Poster 2: Real-world Efficacy of Abortive Migraine Treatment with External Combined Occipital and Trigeminal Nerve Stimulation (eCOT-NS) in High-Frequency Episodic and Chronic Migraine by treatment initiation timing (poster #P-255)
- This post-hoc analysis included analysis of 497 migraine attacks across 56 subjects who self-administered abortive treatment sessions with the eCOT-NS system upon the onset of a migraine and record their migraine outcomes as well as the timing of treatment initiation from migraine onset (<1 hour or >1 hour after pain onset).
78% of treatments which were initiated less than 1 hour after migraine onset achieved relief of migraine pain and 40% of treatments were pain-free. 62% of treatments which were initiated more than 1 hour after migraine onset achieved relief of migraine pain and 25% of treatments were pain-free. There were no reported serious adverse events.
"At the heart of our mission lies a deep dedication to our patients" said Scott Drees, Neurolief's CEO. "We will continue to partner with the migraine community to expand access to Relivion and together, we will embark on a journey to help shape the future of migraine care."
Relivion MG is cleared by the U.S. Food and Drug Administration (FDA) for the acute treatment of migraine for patients 18 years of age and older and has received CE Mark. Neurolief will pursue an expanded indication for the preventive treatment of episodic and chronic migraine.
For more information on Relivion MG, visit Relivion.com.
About Neurolief
Neurolief is a neuromodulation company, dedicated to improving the lives of patients suffering from Neurological and Neuropsychiatric disorders such as migraine and depression. The company has designed and manufactures the Relivion device which is the world's first neuromodulation system designed to concurrently stimulate the occipital and trigeminal nerve branches to modulate brain regions associated with migraine and depression. Currently FDA and CE approved for the acute treatment of migraine, Relivion is intended to provide a highly effective alternative to pharmaceutical therapies. The system also incorporates a patient mobile app and clinical software with cloud enabled data-tracking feature sets, enabling next generation AI incorporation. The company is currently pursuing additional FDA and CE mark approvals for migraine prevention and for treatment of major depression (MDD).
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SOURCE Neurolief Inc. | https://www.kxii.com/prnewswire/2023/06/20/new-data-ahs-annual-meeting-demonstrate-substantial-results-patients-using-neuroliefs-digital-therapeutics-technology-treat-migraine/ | 2023-06-20 15:24:17 | 1 | https://www.kxii.com/prnewswire/2023/06/20/new-data-ahs-annual-meeting-demonstrate-substantial-results-patients-using-neuroliefs-digital-therapeutics-technology-treat-migraine/ |
BUFFALO, N.Y., Dec. 14, 2022 /PRNewswire/ -- Effective Thursday, December 15, 2022, M&T Bank (NYSE:MTB) will increase its prime lending rate from 7.00% to 7.50%
About M&T Bank
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank.
© 2022 M&T Bank. Member FDIC.
Media Contact:
Maya Dillon
646-735-1958
mdillon@wilmingtontrust.com
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SOURCE M&T Bank Corporation | https://www.wbrc.com/prnewswire/2022/12/14/mampt-increases-prime-rate/ | 2022-12-15 09:17:59 | 0 | https://www.wbrc.com/prnewswire/2022/12/14/mampt-increases-prime-rate/ |
Just one year after successfully demonstrating lab-scale production of human insulin using synthetic biology techniques, rBIO recently concluded a successful optimization project with Washington University in St. Louis, and firms its path toward commercialization and large-scale production.
SAN DIEGO, May 3, 2022 /PRNewswire/ -- rBIO, an early-stage synthetic biology company focused on reducing the cost of increasingly costly biologic therapies, announced refinement of its bacteria-based production of insulin. rBIO's synthetic manufacturing process now yields twice the volume of insulin compared with legacy recombinant manufacturing techniques and positions the company for commercial-scale production of insulin using a proprietary process developed in partnership with Washington University in St. Louis.
This readiness for market positions rBIO for future protein and peptide pipeline candidate development and production. In the near term, rBIO will enter the market sooner than anticipated and will achieve entry with a goal of reducing the cost of prescription insulin by one-third.
rBIO collaborated on this research and development project with Washington University in St. Louis, a team led by Dr. Sergej Djuranovic, associate professor of cell biology and physiology at the university's School of Medicine.
Over the past year, Dr. Djuranovic's team has focused on optimizing and scaling up a proprietary process that applies recent breakthroughs in genetics and synthetic biology science to design new strains of genetically modified bacteria capable of expressing a wide variety of peptide hormones. Earlier, Dr. Djuranovic's laboratory had discovered coding motifs used to decrease the expression of certain proteins in cancer cells. The team leveraged this prior work: focusing on how analogous motifs could increase expression — thereby accelerating rBIO in its quest to increase pharmaceutical yields.
"The production of recombinant proteins has traditionally been complex, expensive, and time-consuming. Being able to show these results opens the possibility to increase production yields and drive down the cost of certain pharmaceutical proteins," said Dr. Djuranovic. "We've begun research into other molecules of interest that may open the door to other verticals in addition to peptide hormones such as insulin."
"The team spent a year determining how much we could increase yields by driving higher expression of insulin. We are thrilled to announce that our process now yields human insulin at twice the rate of legacy recombinant methods," said microbiologist Cameron Owen, the CEO and co-founder of rBIO. "With this type of biological power, we're eager to scale up and commence industrial-scale production — and make this crucial hormone available at a lower cost to the millions of Americans suffering from diabetes."
About rBIO
rBIO Corp. is a biotech startup focused on applications within synthetic biology to reduce the cost of prescription drugs. Our goal is to re-shore insulin manufacturing to the USA and make this crucial hormone available at a lower cost for the millions of Americans suffering from diabetes. rBIO was formed by a team from Johns Hopkins and UCSD, whose backgrounds include genetics, bioengineering, and bioinformatics. Based in San Diego, rBIO is privately funded. For more information, visit rbio.com.
Media contact:
Tim Cox,
ZingPR,
tim@zingpr.com
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SOURCE rBIO Corp. | https://www.mysuncoast.com/prnewswire/2022/05/03/rbio-doubles-insulin-output-over-legacy-manufacturing-methods-putting-company-track-reduce-insulin-costs-by-30/ | 2022-05-03 12:22:18 | 1 | https://www.mysuncoast.com/prnewswire/2022/05/03/rbio-doubles-insulin-output-over-legacy-manufacturing-methods-putting-company-track-reduce-insulin-costs-by-30/ |
— Continued to execute towards operational excellence with portfolio optimization, broad cost controls and cash management —
— Recently announced realignment plan is expected to extend the company's cash runway to the end of 2024; Maintain financial guidance
— Conference call and webcast today at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time —
SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ -- Invitae (NYSE: NVTA), a leading medical genetics company, today announced financial and operating results for the second quarter ended June 30, 2022.
"In the second quarter, we are pleased with our progress towards achieving operational excellence, as demonstrated by the improvements in several key metrics focusing on non-GAAP gross margin, operating expense, and cash burn trajectory, both on a year-over-year and quarter-over-quarter basis. These numbers reflected positive results based on the initiatives that we have been implementing," said Ken Knight, president and chief executive officer of Invitae. "We recently announced our strategic realignment plan, as we step into our company's next chapter. The planned changes are broad and necessary to continue driving us toward our goal of using our industry leading genetic testing, and advanced technologies, to transform healthcare for today and tomorrow. We have the roadmap and the pieces in place, and execution of our plan is top of mind as we fuel our testing business and make focused investment in delivering the future of personalized, genetically-driven healthcare."
Second Quarter 2022 Highlights
- Generated revenue of $136.6 million in the quarter, a 17.5% increase compared to $116.3 million in the second quarter of 2021.
- GAAP gross profit was $26.3 million, and non-GAAP gross profit was $54.7 million in the second quarter of this year.
- GAAP gross margin was 19.2%. Non-GAAP gross margin was 40.1% as compared with 36.6% in the first quarter of 2022 and 35.4% in the second quarter of 2021.
- Cash, cash equivalents, restricted cash and marketable securities were $737 million as of June 30, 2022. Cash burn was $147 million, achieving a $22 million reduction from the first quarter of 2022.
- Total active healthcare provider accounts in the second quarter of 2022 totaled 20,217, roughly 25% growth over the second quarter of 2021.
- Active pharma and commercial partnerships grew to 232, an increase of approximately 52% over the second quarter of 2021, driving continued revenue growth from Invitae's lab services, data and data services platform to pharma, health system and software and services partners.
- Total patient population is more than 3.1 million with nearly 62% available for data sharing.
Total operating expense, which excludes cost of revenue, for the second quarter of 2022 was $2.5 billion, which included an asset impairment. As a result, GAAP operating expense as a percentage of revenue was 1,864%. Non-GAAP operating expense was $200.1 million for the second quarter of 2022. Non-GAAP operating expense as a percentage of revenue was 146%, which consistently improved as compared with 169% in the first quarter of 2022 and 170% in the second quarter of 2021.
Net loss for this year's second quarter was $2.5 billion, or a $10.87 net loss per share, compared to net income of $133.8 million, or net income per share of $0.66, for the second quarter of 2021. Our second quarter 2022 net loss included a complete writedown of goodwill of $2.3 billion, which was a result of a significant, sustained decline in the stock price and related market capitalization and a lower than expected financial performance. It also included indefinite-lived intangible and asset impairments of $34.8 million. Net income for the second quarter in 2021 was a result of the change in fair value of contingent consideration. Non-GAAP net loss for the second quarter of 2022 was $158.5 million, or a $0.68 non-GAAP net loss per share, compared to a net loss of $171.5 million, or an $0.84 non-GAAP net loss per share, for the second quarter of 2021.
At June 30, 2022, cash, cash equivalents, restricted cash and marketable securities totaled $737 million as compared with $885 million as of March 31, 2022. Cash burn in this year's second quarter, including cash paid for acquisition related activities, was $147 million, a decrease of $22 million or 13.2% from the first quarter of 2022 and approximately $50 million from the fourth quarter of 2021.
Financial Guidance
Invitae is reiterating its financial guidance. The company expects a low double-digit growth rate for its full year 2022 revenue over 2021. Longer term revenue growth rate is expected to return to between 15% and 25% beyond 2023.
Invitae is maintaining its 2022 cash burn guidance of $600-650 million, which includes up to an estimated $75 million cash to be used for realignment activities and severance. The company also continues to anticipate its cash burn to be in the range of $225-275 million in 2023, which includes up to an estimated $25 million cash to be used for realignment activities and severance.
2022 non-GAAP gross margins are expected to continue to increase for the rest of the year, based on ongoing margin improvement efforts and the current realignment initiatives, to the range of 42-43% for full year 2022.
Additional non-cash related charges are expected to be recorded in the third quarter of 2022 and in following quarters.
Webcast and Conference Call Details
Management will host a conference call and webcast today at 4:30 p.m. Eastern Time / 1:30 p.m. Pacific Time to discuss financial results and recent developments. To access the conference call, please register at the link below:
Upon registering, each participant will be provided with call details and a conference ID.
The live webcast of the call and slide deck may be accessed here or by visiting the investors section of the company's website at ir.invitae.com. A replay of the webcast will be available shortly after the conclusion of the call and will be archived on the company's website.
About Invitae
Invitae Corporation (NYSE: NVTA) is a leading medical genetics company whose mission is to bring comprehensive genetic information into mainstream medicine to improve healthcare for billions of people. Invitae's goal is to aggregate the world's genetic tests into a single service with higher quality, faster turnaround time, and lower prices. For more information, visit the company's website at invitae.com.
Safe Harbor Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the expected impact, benefits, parameters, details and timing of the company's strategic business realignment or various aspects thereof; the company's beliefs regarding the potential of its business, and its business priorities; the company's future financial and operating results, including estimated annual cost savings, cash runway, guidance for 2022 and beyond, and the drivers of future financial results; the company's beliefs regarding its roadmap and business going forward; and the company's focus for the remainder of 2022. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially, and reported results should not be considered as an indication of future performance. These risks and uncertainties include, but are not limited to: the ability of the company to successfully execute its strategic business realignment and achieve the intended benefits thereof on the expected timeframe or at all; unforeseen or greater than expected costs associated with the strategic business realignment; the risk that the disruption that may result from the realignment may harm the company's business, market share or its relationship with customers or potential customers; the impact of COVID-19 on the company, and the effectiveness of the efforts it has taken or may take in the future in response thereto; the impact of inflation and the economic environment on the company's business; the company's ability to grow its business in a cost-effective manner; the company's history of losses; the company's ability to compete; the company's failure to manage growth effectively; the company's need to scale its infrastructure in advance of demand for its tests and to increase demand for its tests; the risk that the company may not obtain or maintain sufficient levels of reimbursement for its tests; the ability of the company to obtain regulatory approval for its tests; the applicability of clinical results to actual outcomes; the company's failure to successfully integrate or fully realize the anticipated benefits of acquired businesses; risks associated with litigation; the company's ability to use rapidly changing genetic data to interpret test results accurately and consistently; laws and regulations applicable to the company's business; and the other risks set forth in the company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022. These forward-looking statements speak only as of the date hereof, and Invitae Corporation disclaims any obligation to update these forward-looking statements.
Non-GAAP financial measures
To supplement Invitae's consolidated financial statements prepared in accordance with generally accepted accounting principles in the United States (GAAP), the company is providing several non-GAAP measures. These non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies. Management believes these non-GAAP financial measures are useful to investors in evaluating the company's ongoing operating results and trends. Management uses such non-GAAP information to manage the company's business and monitor its performance.
Other companies, including companies in the same industry, may not use the same non-GAAP measures or may calculate these metrics in a different manner than management or may use other financial measures to evaluate their performance, all of which could reduce the usefulness of these non-GAAP measures as comparative measures. Because of these limitations, the company's non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Investors are encouraged to review the non-GAAP reconciliations provided in the tables below and on the company's website.
Contact for Invitae:
Hoki Luk
ir@invitae.com
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SOURCE Invitae Corporation | https://www.wagmtv.com/prnewswire/2022/08/09/invitae-reports-1366-million-revenue-second-quarter-2022/ | 2022-08-09 20:42:15 | 0 | https://www.wagmtv.com/prnewswire/2022/08/09/invitae-reports-1366-million-revenue-second-quarter-2022/ |
Treasury Secretary Janet Yellen is on her way to Beijing for talks with her Chinese counterparts at a a tense time for the two countries, with tit-for-tat trade restrictions and rising strategic frictions around Taiwan and the South China Sea.
Treasury officials say they don't expect any diplomatic breakthroughs from Yellen's trip, which will also include meetings with Chinese citizens and U.S. business leaders in Beijing. She's due to be in China from July 6 to July 9.
But the secretary hopes to forge stronger communications with China's new economic leaders in an effort to avoid an deeper souring of relations between the world's two biggest economies. Her visit — her first to China as Treasury Secretary — comes less than three weeks after Secretary of State Antony Blinken visited Beijing.
This week, China announced new limits on exports of key minerals used in making semiconductors and solar panels. The Chinese Commerce Ministry described the move as an effort to promote national security.
It could also be seen as retaliation for export limits the U.S. has directed at China. The Biden administration has restricted the sale of advanced computer chips to China, and according to The Wall Street Journal, it's considering limiting China's access to U.S.-based cloud computing services.
Relations between the two countries have also been strained by close calls between U.S. and Chinese warships and the flight of a Chinese spy balloon over the U.S.
Working with China
Within the administration, Yellen has adopted a less confrontational approach to China.
While she has defended efforts to keep high-tech tools out of the hands of the Chinese military and cultivate backup supply lines in other countries, Yellen insists the U.S. is not trying to sever economic ties with China altogether.
"A full separation of our economies would be disastrous for both countries," Yellen said in a speech in April. "It would be destabilizing for the rest of the world."
China is the third-largest trading partner for the U.S., with nearly $691 billion in goods traded between the two countries last year.
That said, Treasury officials insist that Yellen will not shy away from raising complaints about China's human rights record or trading practices that the U.S. sees as unfair.
"China and the United States can and need to find a way to live together and share in global prosperity," Yellen said in her April speech. "We can acknowledge our differences, defend our own interests, and compete fairly."
Treasury officials say turnover in the top ranks of China's economic leadership make this an opportune time to re-establish communication channels.
Yellen is also expected to discuss potential cooperation between the U.S. and China on global challenges such as climate change and the debt burden facing poor countries.
Copyright 2023 NPR. To see more, visit https://www.npr.org. | https://www.nprillinois.org/2023-07-05/janet-yellen-heads-to-china-seeking-to-ease-tensions-between-the-two-economic-powers | 2023-07-05 19:08:55 | 1 | https://www.nprillinois.org/2023-07-05/janet-yellen-heads-to-china-seeking-to-ease-tensions-between-the-two-economic-powers |
More than six decades after a boy was found dead in a box in Philadelphia, investigators have identified the child with the help of DNA, police announced Tuesday.
In what would come to be known as the "Boy in the Box" case, the child was discovered wrapped in a blanket inside a cardboard box on February 25, 1957, in a wooded area of northeast Philadelphia, according to the National Center for Missing and Exploited Children.
The boy had several scars on his body and his hair had recently been roughly chopped and buzzed, the center said. The boy -- estimated to be between 4 and 6 years old -- weighed only 30 pounds and appeared to be malnourished, according to the center.
"Despite numerous attempts to identify the child throughout the years, the identity of the boy remained a mystery. Through detective work and DNA analysis, police are finally able to identify the child," the Philadelphia Police Department said in a news release Tuesday.
Police have not yet released the name of the boy.
The case is Philadelphia's oldest unsolved homicide, according to police, who are still looking for the child's killer. There is a $20,000 reward for information leading to an arrest and conviction in the case.
City authorities are holding a news conference on December 8 to discuss the new developments. Philadelphia Police Commissioner Danielle Outlaw, along with the city medical examiner and the head of the police department's homicide unit, will be present to share information, the release said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.wlfi.com/news/national/dna-analysis-helps-philadelphia-police-identify-a-child-found-dead-inside-a-box-65-years/article_87b8549b-e1b7-5a58-9f14-8f1adee93e27.html | 2022-12-07 04:44:34 | 1 | https://www.wlfi.com/news/national/dna-analysis-helps-philadelphia-police-identify-a-child-found-dead-inside-a-box-65-years/article_87b8549b-e1b7-5a58-9f14-8f1adee93e27.html |
Two people dead in Grand Forks crash
GRAND FORKS, N.D. (KVRR) – Two people are dead following a crash in Grand Forks Monday afternoon.
Police responded to 27th Avenue and North 69th Street where the department says a van heading east on 27th Avenue turned to head north on 69th Street when it was struck by a truck.
Two of the three people in the two vehicles died at the scene.
The crash is under investigation. | https://www.kvrr.com/2022/10/10/two-people-dead-in-grand-forks-crash/ | 2022-10-11 04:13:32 | 0 | https://www.kvrr.com/2022/10/10/two-people-dead-in-grand-forks-crash/ |
Regarding the supposed need for more housing in Chico, I believe we need enough affordable housing for those who have jobs here or live on a pension or disability with some more subsidized options. I don’t feel we need large upscale housing developments for Bay Area refugees who can pay cash for homes which raises the cost of all housing, with the consequence being that established local working and retired Chicoans cannot afford to live in their own community.
Instead of a huge housing shortage, I think those who propose more housing hope to entice more middle to upper-class people here. That may be the real agenda of those who will financially profit indirectly or directly from Valley’s Edge.
This large housing development, which will create problems such as infrastructure issues and traffic, also leads to increased pollution this valley can’t support. Lung cancer, allergies, and respiratory ailments, all quality-of-life issues, are already enhanced due to our uncontrolled pollution and closed valley environment.
An old campaign slogan in Chico is “No Way San Jose.” Folks move here to escape the traffic and cost of living in the Bay Area and other parts of California. I’m not saying we need a closed community, but there must be a middle ground. Most folks like the “small town feel” of Chico and complain about traffic. Do we really want to add significantly more homes to entice more people here who will (inadvertently) help destroy the very character of Chico many people love?
— Rae Morrison, Chico | https://www.chicoer.com/2022/12/08/3922873/ | 2022-12-08 11:02:21 | 1 | https://www.chicoer.com/2022/12/08/3922873/ |
Gift to reduce health disparities, create new pathways for health care careers and education
CHARLOTTE, N.C., April 17, 2023 /PRNewswire/ -- Atrium Health announced today a $5.05 million gift to the Atrium Health Foundation "Giving Hope" campaign from the Truist Charitable Fund and Truist Foundation, which will advance several community-driven programs aimed at improving health outcomes and economic mobility for vulnerable community members in the Charlotte area.
"Our purpose is to inspire and build better lives and communities," said Truist Chairman and CEO Bill Rogers. "We are committed to the well-being and vitality of the clients and communities we serve. Atrium Health's mission to improve health, elevate hope and advance healing for all is very much in line with our purpose; together, I believe we truly can make a difference."
A significant portion of the gift will support development of a medical neighborhood – a clinical-community partnership that includes the medical and social supports necessary to address disparities in care – in underserved areas of Charlotte. Additional funds will be designated to help build career pathways for justice-involved individuals and entry-level teammates.
"From launching two new mobile primary care units, to expanding perinatal support for mothers, to creating a STEM learning laboratory for our local middle and high school students, this gift from Truist represents both vision and generosity," said Eugene A. Woods, chief executive officer of Advocate Health, of which Atrium Health is now part. "We are grateful for Bill Rogers' leadership and the partnership with Truist. This is yet another example of how their 'purpose-driven' mission continues to transform countless lives and make our communities better and healthier."
The Truist Charitable Fund has designated $4.5 million over three years to support three significant community-based initiatives focused on mobile primary care, community doulas and STEM learning. The new funds will:
- Launch two new mobile primary care units in Atrium Health's Center City and Northeast/Lake Norman areas. The units will serve as an entry point into the health care system by traveling to high-need, at-risk communities. Atrium Health will provide direct care inside the mobile units, in addition to establishing connections to a primary care medical hub and additional wellness and social support services. Over the next three years, Atrium Health projects serving more than 8,700 community members via these units.
- Expand Atrium Health's community doulas program, which provides full-spectrum perinatal support, addressing social determinants of health and birth outcomes. The program will connect birthing women of color from low-income and underserved neighborhoods with doulas from their own communities, trained to provide individualized, equitable care and support.
- Create a STEM learning laboratory that will be housed in Atrium Health's "The Pearl" innovation district, near Midtown. With Truist's support, STEM learning opportunities will be offered in advance of the laboratory's opening, training local middle and high school students from Title-I Charlotte-Mecklenburg Schools through mentorship and learning opportunities in science, technology, engineering and mathematics.
Truist Foundation has designated $550,000 over three years to support Atrium Health's Restorative Pathways and Sterile Processing Career Pathways programs, both of which target the career prospects and lifelong economic mobility of individuals who may otherwise lack opportunities for training and career growth. Truist Foundation's support will:
- Extend Atrium Health's diversity, equity and inclusion goals by hiring – over the next three years – 60 previously incarcerated or justice-involved individuals. Atrium Health's Restorative Pathways program aims to disrupt the cycle of disenfranchisement by offering those individuals a fair chance at employment and a strategy for long-term career progression.
- Boost Atrium Health's Sterile Processing Career Pathways program, which will enable 150 high-performing environmental services, materials management, dietary and guest services teammates learn new skills. With support from Truist Foundation, the program will help advance entry-level Atrium Health teammates onto a pathway toward increasingly skilled roles, thus improving the diversity and cultural competency of Atrium Health's workforce.
"Together, Atrium Health and Truist are committed to improving access to health care and extending opportunities to build a productive work force, for now and in years to come," said Heath Campbell, Metrolina regional president at Truist. "By joining forces and leading with care, we hope to build a better Charlotte for all."
About Truist Foundation
Truist Foundation is committed to Truist Financial Corporation's (NYSE: TFC) purpose to inspire and build better lives and communities. Established in 2020, the foundation makes strategic investments in nonprofit organizations to help ensure the communities it serves have more opportunities for a better quality of life. Truist Foundation's grants and activities focus on building career pathways to economic mobility and strengthening small businesses. Learn more at truist.com/foundation.
About Truist Charitable Fund
The Truist Charitable Fund is a donor-advised fund advised by Truist and administered by The Winston-Salem Foundation.
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country, and offers a wide range of products and services through our retail and small business banking, commercial banking, corporate and investment banking, insurance, wealth management, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $555 billion as of December 31, 2022. Truist Bank, Member FDIC. Learn more at Truist.com.
About Atrium Health
Atrium Health is a nationally recognized leader in shaping health outcomes through innovative research, education and compassionate patient care. Based in Charlotte, North Carolina, Atrium Health is part of Advocate Health, the fifth-largest nonprofit health system in the United States, which was created from the combination with Advocate Aurora Health. A recognized leader in experiential medical education and groundbreaking research, Wake Forest University School of Medicine is its academic core. Atrium Health is renowned for its top-ranked pediatric, cancer and heart care, as well as organ transplants, burn treatments and specialized musculoskeletal programs Atrium Health is also a leading-edge innovator in virtual care and mobile medicine, providing care close to home and in the home. Ranked nationally among U.S. News & World Report's Best Hospitals in eight pediatric specialties and for rehabilitation, Atrium Health has also received the American Hospital Association's Quest for Quality Prize and its 2021 Carolyn Boone Lewis Equity of Care Award, as well as the 2020 Centers for Medicare & Medicaid Services Health Equity Award for its efforts to reduce racial and ethnic disparities in care. With a commitment to every community it serves, Atrium Health seeks to improve health, elevate hope and advance healing – for all, providing $2.46 billion last year in free and uncompensated care and other community benefits.
About Advocate Health
Advocate Health is the fifth-largest nonprofit integrated health system in the United States – created from the combination of Advocate Aurora Health and Atrium Health. Providing care under the names Advocate Health Care in Illinois, Atrium Health in the Carolinas, Georgia and Alabama, and Aurora Health Care in Wisconsin, Advocate Health is a national leader in clinical innovation, health outcomes, consumer experience and value-based care, with Wake Forest University School of Medicine serving as the academic core of the enterprise. Headquartered in Charlotte, North Carolina, Advocate Health serves nearly 6 million patients and is engaged in hundreds of clinical trials and research studies. It is nationally recognized for its expertise in cardiology, neurosciences, oncology, pediatrics and rehabilitation, as well as organ transplants, burn treatments and specialized musculoskeletal programs. Advocate Health employs nearly 150,000 team members across 67 hospitals and over 1,000 care locations and offers one of the nation's largest graduate medical education programs with over 2,000 residents and fellows across more than 200 programs. Committed to equitable care for all, Advocate Health provides nearly $5 billion in annual community benefits.
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SOURCE Truist Financial Corporation | https://www.kold.com/prnewswire/2023/04/17/truist-invests-over-5-million-into-atrium-health-foundation-advance-health-equity-workforce-development-charlotte/ | 2023-04-17 20:44:07 | 1 | https://www.kold.com/prnewswire/2023/04/17/truist-invests-over-5-million-into-atrium-health-foundation-advance-health-equity-workforce-development-charlotte/ |
SAO PAULO (AP) — Brazilian police said Monday they planned to indict a Colombian fish trader as the mastermind of last year's slayings of Indigenous expert Bruno Pereira and British journalist Dom Phillips.
Ruben Dario da Silva Villar provided the ammunition to kill the pair, made phone calls to the confessed killer before and after the crime, and paid his lawyer, federal police officials said during a press conference held in Manaus.
Fisherman Amarildo da Costa de Oliveira, nicknamed Pelado, confessed that he shot Phillips and Pereira and has been under arrest since soon after the killings in early June. He and three other relatives are accused of participating in the crime. They all live in an impoverished riverine community inside a federal agrarian reform settlement between the city of Atalaia do Norte and Javari Valley Indigenous Territory.
Villar has denied any wrongdoing in the case. Before Monday's announcement, he was already being held on charges of using false Brazilian and Peruvian documents and leading an illegal fishing scheme. According to the investigation, he financed local fishermen to fish inside Javari Valley Indigenous Territory.
In a statement, UNIVAJA, the local Indigenous association that employed Pereira, said it believed there were other significant planners behind the killings who have not been arrested.
Pereira and Phillips were traveling in the remote area of the Amazon when they disappeared, and their bodies were recovered after the confessions. Phillips was researching for a book about how to save the world’s largest rainforest.
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP's climate initiative here. The AP is solely responsible for all content. | https://www.springfieldnewssun.com/nation-world/brazil-police-businessman-ordered-killings-of-men-in-amazon/G64P4Z3KMFHYFNQI7V6CKCCPRU/ | 2023-01-23 23:19:39 | 0 | https://www.springfieldnewssun.com/nation-world/brazil-police-businessman-ordered-killings-of-men-in-amazon/G64P4Z3KMFHYFNQI7V6CKCCPRU/ |
WACO, Texas — You may think of firefighters as the first responders who are associated with putting out fires, showing up to crashes and your occasional cat rescues from trees. However, there is a group that takes on extra training and credentials to be able to expand their services.
It's called the Technical Rescue Team and it's made up of designated rescue specialists that are able to assist in unique and unusual operations.
The Waco Fire Department has many members with the credentials to help if there is a situation needing a technical rescue. The department also has designated individuals who are always on the Technical Rescue Team that operate out of Station One.
Waco Fire's Technical Rescue Team are capable of responding to structural and trench collapses, and also swiftwater, confined spaces and rope rescues.
Every year the team brushes up on their skills, knowledge and equipment with drills so they can remain proficient for when there is an emergency.
6 News got to attend one day of this year's annual confined space drill which was held at the intake tower on Waco Lake thanks to a partnership with the U.S. Army Corps of Engineers.
Over three days of training, Waco Fire members got to run through simulated drills inside the intake tower.
"This is important because it's our job to provide not only this service, but to stay up to date on our on our skills," said Engineer Dylan Karl who is on the Technical Rescue Team. "That way we're proficient in safety for not only our rescuers but for the victims that were going into rescue as well."
Firefighters practiced lowering one of their own into a confined space to make a rescue. The rescuer would then have to secure the victim, which is a training mannequin and bring them back to safety.
On Wednesday, the group training also had a chance to practice on newer equipment to make the simulated rescue. Karl says the piece of technology, the Arizona Vortex, opens up more opportunities when they're helping a crisis.
"This system has multiple features," he explained. "You can set it up in different configurations as far as height goes in the legs. You can set up different anchor systems with it. You can set it up on a cliff face or edge of the building and be able to repel down and rescue someone. So, it's got many features that we can utilize it with."
They're playing out real-life situations so they can save lives.
Karl recalls Waco Fire's Technical Rescue Team helping with silo rescues, like the one in Clifton. He says being supportive of one another and also making the rescue of someone in a dangerous situation is why he enjoys being part of the Technical Rescue Team.
"Being a firefighter is something that I've always wanted to do," he said. "It's been in my family -- I'm second generation in the fire service so I've always really loved the job and loved what it was about and the brotherhood. I liked the technical rescue side of it. It adds an additional factor to being able to do what we do and then I enjoy the problem solving that comes about with that."
Waco Fire's Technical Rescue Team responds to an average of 30 to 40 calls a year. It is a regional response team so they serve the City of Waco but also those in the Heart of Texas Council of Governments (HOTCOG) region - McLennan, Bosque, Hill, Falls, Freestone and Limestone counties.
"If something happens not just inside of McLennan County, and one of the other six HOTCOG regions, we do provide a service to them and we will respond," Karl added.
HOTCOG is an area larger than the states of Rhode Island, Delaware and Connecticut combined, or 5,645 sq. miles.
Waco Fire's Technical Rescue Team is a group of specialists. Always ready to respond no matter the call and when you need them most.
"Call for help, call for the people that are that have trained to complete that rescue and so we can provide that service so you don't get yourself in a worse situation," Karl said. | https://www.kcentv.com/article/news/local/learn-about-waco-fires-technical-rescue-team/500-bb4787eb-69da-4ce0-9674-b54f20d98cd0 | 2022-07-29 04:04:30 | 1 | https://www.kcentv.com/article/news/local/learn-about-waco-fires-technical-rescue-team/500-bb4787eb-69da-4ce0-9674-b54f20d98cd0 |
DENVER, May 17, 2023 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES, "Gates" or the "Company") announced today the pricing of the previously announced secondary offering of 22,500,000 ordinary shares (the "Offering") by certain selling stockholders affiliated with Blackstone Inc. (the "Selling Stockholders") at a public offering price of $11.75 per share. The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to 3,375,000 additional ordinary shares. The offering is expected to close on May 23, 2023, subject to customary closing conditions.
Gates is not offering any ordinary shares in the Offering and will not receive any proceeds from the sale of ordinary shares in the Offering. Citigroup, Evercore ISI and Goldman Sachs & Co. LLC are serving as the joint lead book-running managers of, and as representatives of the underwriters for, the Offering. Baird, Morgan Stanley, Barclays, RBC Capital Markets and UBS Investment Bank are also serving as joint book-running managers for the Offering, BMO Capital Markets, Mizuho, Centerview Partners, KeyBanc Capital Markets, Wolfe Capital Markets and Advisory, BTIG, MUFG, Academy Securities, C.L. King & Associates, CastleOak Securities, L.P. and Cabrera Capital Markets LLC are serving as co-managers for the Offering.
In addition, as previously announced, in connection with its existing share repurchase program, Gates has entered into a share repurchase contract with Citigroup Global Markets Inc. to repurchase $250 million of ordinary shares at a price per share equal to the price paid by the underwriters in the Offering, for a total of 21,934,634 ordinary shares, and has advised Citigroup Global Markets Inc. to purchase such shares from the Selling Stockholders. The share repurchase is expected to be consummated promptly following the Offering and is conditioned upon the closing of the Offering. The closing of the Offering is not conditioned upon the consummation of the share repurchase.
The Company has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the Offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and the Offering. You may get these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, the Company, any underwriter or any dealer participating in the Offering will arrange to send you the prospectus if you request it by contacting Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 (Tel: 800-831-9146); Evercore Group L.L.C., Attn: Equity Capital Markets, 55 East 52nd Street, 35th Floor, New York, NY 10055 (Tel: 888-474-0200) or by email at ecm.prospectus@evercore.com; or Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, NY 10282 (Tel: 866-471-2526) or by e-mail at prospectus-ny@ny.email.gs.com.
The Company was advised by the underwriters that, prior to purchasing the ordinary shares being offered in the Offering, on May 17, 2023, one of the underwriters purchased, on behalf of the syndicate, 100 ordinary shares at an average price of $12.00 per share in stabilizing transactions.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Gates:
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to original equipment ("first-fit") manufacturers as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries such as agriculture, construction, manufacturing and energy, to everyday consumer applications such as printers, power washers, automatic doors and vacuum cleaners and virtually every form of transportation. Our products are sold in more than 130 countries across our four commercial regions: the Americas; Europe, Middle East & Africa; Greater China; and East Asia & India.
Forward–Looking Statements and Information:
This press release contains forward-looking statements, which involve risks and uncertainties. Forward-looking statements include all statements that are not historical facts. In some cases you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "predicts," "intends," "trends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Forward-looking statements are based on the Company's current expectations and actual results may differ materially. Other risks and uncertainties are more fully described in the section entitled "Item 1A. Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2022, as filed with the SEC, as such factors may be updated from time to time in the Company's periodic filings with the SEC. Investors are urged to consider carefully the disclosure in our filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Gates undertakes no obligation to update or supplement any forward-looking statements as a result of new information, future events or otherwise, except as required by law.
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SOURCE Gates Industrial Corporation plc | https://www.ktre.com/prnewswire/2023/05/18/gates-announces-pricing-secondary-offering-22500000-ordinary-shares/ | 2023-05-18 03:49:17 | 0 | https://www.ktre.com/prnewswire/2023/05/18/gates-announces-pricing-secondary-offering-22500000-ordinary-shares/ |
INDIANAPOLIS — 3D-printing technology has been used to create toys, decor, even building musical instruments, but IU Health has found a way to use the technology to improve patient care.
"We can basically personalize medicine," said Brian Overshiner, 3D innovations lab manager at IU Health.
Tucked away inside University Hospital, Overshiner keeps a close eye on the work his 3D printers are churning out. But before he had found his passion for printing, Overshiner worked for more than a decade as a radiation therapist.
“I treated cancer patients for a decade and a half, and 3D printing was a personal hobby of mine that I picked up,” Overshiner said.
He started out printing pieces and parts for work. But years later, "It's now snowballed into a full-fledged 3D lab."
These days, he's able to print almost anything the healthcare system may need.
"So we can print the anatomy of patients and surgeons can then pre-plan their surgery cases that are complex and kind of eliminate problems before they go into the operating room," Overshiner said. "Everything from mobility aids for rehab patients to prototypes for the school of medicine researchers."
Since 2017, they've grown and expanded into the lab they have now, with multiple printers and materials working constantly.
"We can customize treatment devices specifically for patients," Overshiner said.
Utilizing their 3D printing prowess, he's able to create models that can print and show heart defects firsthand, helping better educate their healthcare staff.
"We can learn, seeing and reading and looking at pictures or videos but having that hands-on piece for you to be able to hold kind of ties all that together," said Heather Humphery, nursing professional development practitioner at Riley Hospital for Children.
Children's hearts are small, roughly the size of their fist and, sometimes, no larger than a strawberry, Humphery said. So these large, 3D-printed models that can show parents the kind of heart defect or health issues their child is dealing with up close have become a critical way for doctors to explain health issues and how they're caring for patients.
"Light bulbs go on very, very quickly," Humphery said.
"Just seeing that there, you can actually visualize where that hole is and what might be needed for closing it," said Dr. Jyoti Patel, pediatric cardiologist at Riley.
Patel said pivoting from pen and paper to 3D models has allowed them to show parents exactly what kind of issue their child is facing, and it makes a massive difference.
"You can see that like, 'Oh wow, there actually is a hole in the bottom two chambers of the heart,' which is kind of an interesting and somewhat tough concept to grasp at times that there is actually a hole there," Patel said.
And over the years, these 3D models have become a vital part of the care IU Health offers.
"They've brought a piece that I wouldn't want to be without, moving forward," Humphery said.
In the five years since opening the lab, Overshiner said they've built it into a leading spot in the Midwest while improving patient care.
"They've seen the benefits of it firsthand. We've had patients tell us, 'This is the first time in five years that I've actually understood what's going on with me because they actually have a visual representation that's just easier to understand,'" Overshiner said.
With technology evolving and improving what they're able to print out, Overshiner said these 3D models have the ability to make a massive impact on patient healthcare in the years to come.
"It's got so much more potential. We're just scratching the surface," Overshiner said. | https://www.wthr.com/article/news/health/iu-healths-3d-printing-technology-helping-improve-patient-care-healthcare-indy-riley/531-52392367-6195-4e26-ae76-018def326d6e | 2022-11-24 06:03:50 | 0 | https://www.wthr.com/article/news/health/iu-healths-3d-printing-technology-helping-improve-patient-care-healthcare-indy-riley/531-52392367-6195-4e26-ae76-018def326d6e |
FRANKLIN, N.C. (WJZY) – A patient and three crew members survived when a medical transport helicopter crashed in North Carolina, authorities said. Officials said the chopper was going to a hospital in Asheville when it went down.
The aircraft sustained severe damage but did not catch fire; the cause of the collision remains unclear.
Macon County 911 Communications Supervisor Todd Seagle said the helicopter went down moments after it declared an emergency around 7 p.m. Thursday, WLOS-TV reported.
Macon County Sheriff Brent Holbrooks said the EC-135 helicopter was traveling to Mission Hospital in Asheville, North Carolina, when it crashed in Macon County. Holbrooks confirmed all four people on the flight were alive, WLOS reported.
The aircraft was transporting a patient from a medical facility in Murphy, North Carolina. Three people involved in the crash were transported by ambulance to Mission Hospital with minor to moderate injuries and one was transported to Angel Medical Center for evaluation, Macon County Emergency Services Director Warren Cabe said.
Erlanger Health System in Tennessee, which operates LIFE FORCE medical transport helicopters, confirmed the crash of LIFE FORCE 6. The company’s website said the helicopter operates out of Cherokee County, North Carolina, with a base radius of 150 miles (241 kilometers).
This was the first crash in the 34-year history of the LIFE FORCE program, Erlanger Health System said.
The Associated Press contributed to this report. | https://www.wfla.com/nextstar-news-wire/patient-crew-survive-medical-helicopter-crash-in-north-carolina/ | 2023-03-10 17:43:05 | 0 | https://www.wfla.com/nextstar-news-wire/patient-crew-survive-medical-helicopter-crash-in-north-carolina/ |
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