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Posted: Jul 8, 2022 / 08:03 AM EDT
Updated: Jul 8, 2022 / 08:03 AM EDT | https://www.pahomepage.com/weather/allergy-alert/allergy-alert-july-8-2022/ | 2022-07-08 14:45:26 | 0 | https://www.pahomepage.com/weather/allergy-alert/allergy-alert-july-8-2022/ |
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The San Francisco 49ers may have earned a new in-season turnaround at the expense of the Los Angeles Rams with a 31-14 victory that turned inthe Christian McCaffrey show in the second half, as the new Niner generated a total of 183 total yards and three touchdowns to even out San Francisco's regular-season record to 4-4. Jimmy Garoppolo was no slouch, completing 21 of 25 passes for two touchdowns.
Here are the latest updates:
Ballgame
The 49ers finished up with a 31-14 victory. In the final accounting, Christian McCaffrey ran for 94 yards and a touchdown, threw for 34 yards and a touchdown, and caught eight passes for 55 more yards and, yes, a touchdown. Almost as impressive, though, was the defense throwing a shutout on the Rams in the second half to eliminate any danger of a comeback.
Tight end tandem delivers another Niners TD
Jimmy Garoppolo's 56-yard completion to backup tight end Ross Dwelley set up his subsequent third-down seven-yard TD pass to George Kittle, and suddenly the game isn't so very close with the 49ers' defense keeping the Rams' offense in check in the second half. With little more than six minutes to go, it's 49ers 31, Rams 14.
McCaffrey scoring every which way
Christian McCaffrey ran for a touchdown in the fourth quarter for the 49ers, having caught a touchdown in the third and passed for one in the second. 49ers 24, Rams 14.
CMC makes incredible TD catch
It wasn't quite a classic Kyle Shanahan soul-crushing clock-crusher of a possession, but the 49ers took almost seven minutes off the clock on a third-quarter possession capped by Jimmy Garoppolo's nine-yard TD pass to Christian McCaffrey for the new Niners' first score. 49ers 17, Rams 14.
Thoughts at the half
Ann Killion: The 49ers defense must figure things out in the second half. This was an entertaining first half, and the three-headed Christian McCaffrey show is fantastic -- He can run! He can catch! He can pass! -- but the 49ers' offense isn’t designed to prevail in shootouts. After not giving up a first-half touchdown in the first five games of the season, the 49ers have now given up seven first-half touchdowns in three games. Between the two drives, the Rams converted five straight third downs against the 49er's defense. Sure, the 49ers are missing players, but the ones who are healthy must step up and stop the bleeding.
Mike Silver: Now that is a multi-faceted threat. In his second game with the 49ers, Christian McCaffrey showed he’s more than a runner/receiver. With 12:10 left in the second quarter, the newly acquired running back took a backward pass from Jimmy Garoppolo near the right sideline, pulled up and lofted a gorgeous pass to Brandon Aiyuk, who raced into the end zone with Rams safety Nick Scott in futile pursuit. The 34-yard touchdown off a trick play leveled the game at 7 and provided an emphatic response to the Rams’ 17-play, 88-yard touchdown drive that spanned nine minutes and 21 seconds.
The Niners get the ball to start the second half and will have a chance to answer. This one looks like it’ll be a hotly contested, back-and-forth affair that will come down to the wire. There’s a lot on the line — the Niners could be 3-5 heading into their bye week and staring up at the Rams and Seahawks in the NFC West. They’re going to need to pull out all the stops. McCaffrey-as-QB was a nice start.
49ers make it four in a row
The scoring flurry continued with the opponents scoring on four straight possessions after the 49ers drove down the field at the end of the second quarter, ultimately settling for a 29-yard field goal from Robbie Gould after the Niners suffered a sack of Jimmy Garoppolo and a fumble to stymie their drive inside the 10. Rams 14, 49ers 10.
Rams answer
Nine plays, 75 yards and Matthew Stafford hits Cooper Kupp for a TD. Can the 49ers answer again? Rams 14, 49ers 7.
49ers, Rams trade early scores
The game's 7-7 after some truly improbable football. First, the Rams scored on their eighth play after getting a first-and-goal at the 49ers' 10. You read that right: Eight plays. How do you get eight downs from first-and-goal? Flags on the 49ers' defense on a second-and-goal play that put the ball at the 2, then again in a third-and-goal play that got the ball to the 1-yard line, and then, belatedly, Matthew Stafford scrambled for a score to put the Rams up 7-0.
How did the 49ers respond? With Christian McCaffrey -- you read that right -- throwing a long TD to Brandon Aiyuk to even things up. 49ers 7, Rams 7.
Kickoff
49ers win the toss, kick to the Rams, Robbie Gould kicks to the goal line, Rams return to the 29. 77 and sunny outside semi-inside SoFi Stadium.
Red butts in SoFi alert
What does Deebo's absence mean for 49ers' offense?
Potentially a whole lot of Christian McCaffrey, writes Eric Branch, because Jauan Jennings is also out of action, leaving the Niners short of receivers with game experience.
Predictions
Ann Killion: 49ers 28, Rams 24. I'm going to ride the ownage angle. SoFi will see an invasion of the red butts again, and Rams QB Matt Stafford will have to go to a silent count. No Deebo is a huge factor for the 49ers, but it will also give Christian McCaffrey an even bigger chance to shine. This is a day when George Kittle will have a big game.
Michael Silver: 49ers 17, Rams 16. No Deebo... no problem? Well, that’s not really true: During the Niners’ recent run of success against the Rams, Mr. Samuel has been a massive difference-maker. He’s out today, which means that Kyle Shanahan’s new toy, Christian McCaffrey, will be thrust
into the attack. Like Samuel, McCaffrey is a multi-faceted threat who can be a matchup nightmare. He’ll help Shanahan find a way to score enough points for the Niners to prevail in this defensive struggle.
Eric Branch: Rams 23, 49ers 20. I know. It’s folly to expect the Rams to beat the 49ers (in a regular-season game). But I’ve convinced myself that these aren’t the real 49ers without Deebo Samuel, and Kyle Juszczyk, and Arik Armstead, and Dre Greenlaw, and Emmanuel Moseley and, well, you get the idea. The Rams will beat the B-team despite big performances by two A-listers: Nick Bosa will have a multi-sack game and Christian McCaffrey will have 150-plus total yards.
Inactives
In the Rams' house
Remembering the 49ers' fool's goldrush
Sunday being the fifth anniversary of the 49ers’ acquisition of Jimmy Garoppolo, this seems like a great time to look back and remember those innocent days, when Jimmy G was new and the future was bright.
Let’s start by revisiting the Original Sin. No, not the trade for Garoppolo. That was a reasonable gamble, sending a second-rounder to the Patriots for a quarterback well-regarded by his genius coach, Bill Belichick.
The Original Sin was handing Garoppolo a five-year, $137.5 million contract (three years and $90 million guaranteed) after he started the final five games of that 2017 season and won ’em all.
— Scott Ostler, columnist
Shanahan vs. McVay and the edge of desperation
We were deep in the heart of the Santa Monica party scene in the spring of 2018 and Sean McVay, for all his surprising success in his first year as the Los Angeles Rams’ head coach, was pretty far from A-list. It was a simpler time.
As our small party sat at an outdoor table at Bungalow, a trendy bar on the bluffs above the Pacific Ocean, the NFL’s recently christened Coach of the Year sipped his mixed drink in relative anonymity and brought up a defeat he conspicuously couldn’t get over. No, it wasn’t the Rams’ first-round playoff loss to the Atlanta Falcons on their home field; it was the beatdown that had taken place six days earlier at the Los Angeles Coliseum.
“We went into that last game against the 49ers with the division clinched and our playoff position set, and I did the smart thing and rested a bunch of our guys,” McVay recalled. “And Kyle (Shanahan) and those guys came in and mauled us. It was miserable. I mean, it was just torture.
“I’ll tell you this: That was the last time. I don’t care if there’s a game where we’ve clinched everything and there’s zero reason to take a risk. If we’re playing against Kyle, I’m playing everybody, and I’m playing to win. There’s no way I’m going through that again, as long as I f—ing live.”
— Michael Silver, columnist
In search of a revival
A year after their improbable midseason rally, the 49ers need to summon an about-face this season that would qualify as only slightly less impressive.
In 2021, they overcame a 3-5 start after reaching rock bottom with a 14-point home loss to the Cardinals that linebacker Fred Warner termed “pretty embarrassing.” This season, they are 3-4 and are coming off a 21-point home loss to the Chiefs that Warner said was “embarrassing, to say the least.”
Last year, they reversed course with a 31-10 smackdown of the Rams that served as a springboard to their NFC Championship Game appearance. On Sunday, they will visit the Rams, the defending Super Bowl champions they’ve beaten in seven straight regular-season meetings, aiming for another backs-against-the-wall win.
— Eric Branch, 49ers beat writer | https://www.sfchronicle.com/sports/49ers/article/49ers-Rams-live-updates-17542819.php | 2022-10-31 02:10:25 | 0 | https://www.sfchronicle.com/sports/49ers/article/49ers-Rams-live-updates-17542819.php |
BROOKFIELD, Wis. — For many of us, our cell phones can serve as wallets as long as we have mobile payment apps connected to our banks or other accounts.
There are a lot of services to choose from, like Venmo, Apple Pay, Cash App, Google Pay, Samsung Pay, and Paypal, to name some. According to a report by Allied Market Research, the global mobile payment market is expected to reach more than $12 trillion by the year 2027.
For anything financial, keeping our confidential information secure has to be a top priority.
Earlier this month, more than 8 million current and former customers of Cash App found out they could be affected by a data breach where their investment information was exposed. In that case, the company announced it was a former employee who is to blame. But the breach brings up an important subject: security surrounding mobile payment apps.
"It's actually surprisingly hard to hack into the phones nowadays. They are locked down. They've got layers of security," said Kevin Bong, a cyber security expert with tech company, Sikich.
Bong explains while even your cell phone's payment app may come with its own security in place, one slip-up on your part can put financials on your phone at risk.
"Most of the attacks start with email. The attacker finds a way to get into your inbox, and once they're in there, they've got a lot of power," he said. "So, that's really what these attackers are going after. They're not going after the apps on the phone, they're going after the accounts."
Without showing their tools, we asked Bong and his Sikich colleague, Thomas Freeman, to demonstrate how email phishing attacks can easily compromise your virtual wallet.
They sent a fake email that stated it came from a customer service rep with a popular email application. The email encouraged the user to click on a link so that they could send and receive digital payments.
For the sake of the experiment, TMJ4 reporter Kristin Byrne clicked on the link and was prompted to provide her email and the password she uses for her email.
"So, now on my screen I'm going to hit refresh and on the campaign screen I can see where you clicked and I have your password now," Freeman said.
"So, now we'll switch into your email account and log into it with your password," he said.
The Sikich team explained that by logging into my email, hackers can hit the search bar to see what mobile payment apps Byrne has registered for in the past.
They then go on the mobile payment app's website, hit forgot password, a temporary one is sent, and the bad actors are in and can do whatever they want with the funds.
"Is this kind of common knowledge of how hackers get in?" Byrne asked.
"Yeah, this is pretty obvious, very common. Very obvious how a lot of attackers are stealing passwords nowadays through a phishing attack, and then use a password reset function to get into other sites," Bong answered.
"They can see what all banking apps you're getting notifications from or what other money transfer apps you are using. But they also have the ability to do password resets on a lot of these apps. If you go to your bank and say, 'I forgot my password,' they email you a link to reset your password."
To prevent it from happening in the first place, Bong says to be wary of links in emails. If you do click on one and there's some type of sign-in, stop there.
But also he says you should enable two-factor authentication on your email account.
"All the providers out there, Gmail, Microsoft, have that capability. A lot of people just don't turn it on. So, enable that second factor, so you get that code on your phone or something to get in."
"The second thing, if you're really concerned, is look for second factors other than the text message. There are so many attacks against the text message stuff today. But a lot of providers have where you are going through the Google App to get the code, rather than getting a text message, and that's definitely more secure."
Even if our account's security measures try and protect us, we may be our biggest threat.
"People are starting to get tired of the repeated log-ins. So if the attacker goes through and tries to log in and you get a prompt on your phone that says, 'Did you just try to log in?' A lot of people are just blindly saying yes now because they get that two to three times a day and they've just got used to saying yes."
Bong also suggests using different passwords for each account you have. He says instead of choosing a password with 8 characters, choose one with 16. If you're concerned you won't remember them, you can always download a password management app.
This story was first reported by Kristin Byrne at TMJ4 in Milwaukee. | https://www.wrtv.com/news/national/most-of-the-attacks-start-with-email-one-click-can-put-financials-on-your-phone-at-risk | 2022-04-21 15:03:58 | 1 | https://www.wrtv.com/news/national/most-of-the-attacks-start-with-email-one-click-can-put-financials-on-your-phone-at-risk |
Sustainability will be top of mind for brands and consumers moving into 2023, along with increased transparency and due diligence in supply chains
WASHINGTON, Dec. 13, 2022 /PRNewswire/ -- Fairtrade America - the world's most recognized label for social justice and sustainability - today shared five key trends the organization expects will drive consumer choices and brand action in 2023.
Despite inflation and rising prices on products we use everyday, from gas to groceries, research shows that many consumers are still making thoughtful choices while shopping, choosing products that align with their values. As these consumers become increasingly interested in and informed about supply chains, sourcing and product sustainability, brands will need to invest in practices that drive loyalty among discerning consumers.
Fairtrade America points to five trends that will propel consumer behavior and brand priorities in 2023:
- Consumers will change their diets to lower environmental impact. According to a recent study by GlobeScan on behalf of the Marine Stewardship Council (MSC), 31% of U.S. consumers who have changed their diet have done so because of an environmental reason, with 11% saying they changed their diet specifically due to climate change1. As people seek to lower their impact on the environment with everyday decisions, including the foods they eat, certifications from organizations like Fairtrade America, MSC and Non-GMO Project are making it easier to spot which products are made with the planet in mind.
Shoppers are increasingly understanding that certifications like Fairtrade include environmental requirements as well as social and economic. In fact, 77% of Fairtrade shoppers say the Fairtrade label makes it easy to decide if a product is ethically and responsibly produced2. Fairtrade sets environmental Standards that aim to minimize producers' impact on the planet, including banning the use of dangerous pesticides and GMO seeds, protecting natural resources and encouraging eco-friendly cultivation. Fairtrade also incentivizes organic farming through an increased Minimum Price paid to producer organizations.
- Consumers, governments and organizations like Fairtrade are prioritizing a decrease in deforestation. Since 2000, 10% of the world's tree cover has been lost, with the world losing an area the size of London each week, according to the UN3. A recent GlobeScan survey found that 86% of consumers try to avoid products that damage biodiversity4. Consumers are increasingly aware of deforestation, and more companies are pushing for bans on deforestation and for governments to enact legislation that would combat deforestation.
Fairtrade and Fairtrade farmers are working to do their part to counter deforestation. Fairtrade Standards stipulate that producers may not cut down protected forests, but many farmers go above and beyond this, using their Fairtrade Premium funds to plant more trees, which can provide helpful shade and weather protection for their crops, and expand forested areas.
In May 2022, Fairtrade farmers in the Fairtrade Producer Network in Latin America and the Caribbean (CLAC) planted more than 300,000 trees in a six month tree-planting drive "Plant for the Future,'' with more than 100 Fairtrade Producer Organizations across 20 countries participating. Additionally, the Fairtrade Network of Asia and Pacific Producers (NAPP) launched a project to plant one million trees across the region. Also in 2022, Fairtrade and Earthworm Foundation announced a partnership to combat deforestation. Using satellite monitoring, the project will capture critical deforestation data within Fairtrade cooperatives and their smallholder cocoa farmers in Ghana and Côte d'Ivoire to help these communities better manage forest landscapes.
- Supply chain due diligence requirements will become more prevalent. Oxford Economics found that across industries, 88% of companies have either created a clear mission statement around sustainability or they're in the process of writing one, but less than half of those respondents said they had significant visibility into their own sourcing of sustainable products, and only 21% had complete visibility into their supplier's sourcing of sustainable products5. Additionally, Deloitte found that consumer brands that aren't open and transparent are the most at risk of losing meaningful trust with consumers6.
More retailers are seeking brands that can provide transparency along the supply chain, including in the form of third party certifications. A wave of regulations on human rights and environmental due diligence (HREDD) has also begun in Europe in recent years. The European Commission adopted a proposal aimed at fostering sustainable and responsible corporate behavior throughout global value chains7, and Germany passed the German Supply Chain Due Diligence Act in 2021 that will take effect on January 1, 2023. The U.S. is likely to follow – the Securities and Exchange Commission already announced proposed rules and rule amendments on corporate due diligence8.
Fairtrade has helped companies to make ethical sourcing decisions and verify supply chains for more than 30 years and is continuing to improve how it helps companies practice due diligence. Fairtrade has been ranked as the gold standard for certifications by an independent monitoring group called Fair World Project in its Reference Guide to Fair Trade and Worker Welfare Programs, pointing to the certification as a go-to partner for brands looking to make good on their value claims.
- Growth in products marketed as sustainable. The 2021 Sustainable Market Share Index™ found that sustainability-marketed products were responsible for a third of growth in consumer packaged goods from 2015 to 2021, and market share growth continues year over year9. Products marketed as sustainable now hold a 17% market share, up +3.3 percentage points from 2015, with significant growth during the pandemic. Additionally, products marketed as sustainable grew 2.7x faster than products not marketed as sustainable⁹.
As consumers continue to seek out sustainable options, companies aim to meet that demand by backing up sustainability claims. In 2021, more than 2,500 companies used the Fairtrade Mark on more than 37,000 products sold globally with Fairtrade products accessible to consumers in 143 countries, according to the 2022 Fairtrade Annual Report. In 2021, 5,000 products from more than 500 brands were sold in the U.S. and made with Fairtrade certified ingredients, specifically, and produced in accordance with the Fairtrade Standards.
- Consumers and brands will prioritize regenerative agriculture practices. Regenerative agriculture is a description for farming practices that mimic nature's design and help decrease impacts of climate change by working to replenish natural resources. Regenerative agriculture is focused on improving soil health and biodiversity. In a Food Insight survey, 30% of consumer respondents selected regenerative agriculture as a top choice among the most beneficial agricultural and consumption practices for the land their food is grown on, though only 19% of respondents were familiar with the term. Fairtrade predicts an expanded focus on regenerative agriculture in 2023 as more brands work with farmers to implement these practices where ingredients are grown.
A key component of regenerative agriculture is diversification of crops and plants grown on farms. Using the Fairtrade Premium, farmers are able to diversify the crops they grow on their land, which can benefit the land as well as provide additional sources of income and food security during off seasons for their main crop.
"Responsible shoppers in the US are demanding that companies and governments drive transformation that benefits the people who grow our food and protects the planet," said Carlos Urmeneta, director of commercial partnerships, Fairtrade America. "As expectations of transparency and sustainability in the supply chain become more and more mainstream, we are partnering with farmers, retailers and brands to provide shoppers the assurance they are looking for in their favorite products."
Partnership with a leading certification organization like Fairtrade America is one way that companies can keep up with these market trends toward sustainability and achieve their own visions for environmental and social impact. In addition to more support for farmers and greater supply chain assurance, brands that partner with Fairtrade and label their products with the Fairtrade Mark make it easier for shoppers to see how their products align with ethical and sustainable values.
Businesses interested in becoming Fairtrade certified can start their journey at FairtradeAmerica.org. To easily identify and purchase products that were made following the rigorous Fairtrade Standards, check out the Fairtrade America Product Finder including hundreds of certified goods sold in the U.S. with more products being added on a regular basis.
Fairtrade America works to rebalance trade, making it a system rooted in partnership and mutual respect rather than exploitation. It's about businesses, shoppers, farmers and workers all partnering so we can all experience the benefits of trade. Fairtrade America is the U.S. branch of Fairtrade International, the original and global leader in fair trade certification with more than 30 years of experience working for fair trading practices in more than 30 countries across the globe. A non-profit 501(c)3 organization, Fairtrade America is part of the world's largest and most recognized fair trade system—part of a global movement for change. Learn more at fairtradeamerica.org, and by connecting with Fairtrade America on Facebook, Instagram and LinkedIn.
1 MSC Consumer Insights 2022 Global Report - https://www.msc.org/en-us/consumer-insights
2 2021 GlobeScan: Fairtrade & the Sustainable Shopper - https://www.fairtradeamerica.org/why-fairtrade/global-impact/reports-trends/2021-globescan-fairtrade-the-sustainable-shopper/
3 https://www.wwf.org.uk/what-we-do/tackling-forest-loss-and-damage
4 https://globescan.com/2021/10/21/consumer-research-reveals-escalating-concerns-about-climate-change-forest-biodiversity/
5 https://www.forbes.com/sites/sap/2022/01/19/2022-global-supply-chains-four-trends-that-will-shape-the-future/?sh=447e81783ef4
6 https://www2.deloitte.com/us/en/pages/consumer-business/articles/consumer-products-industry-outlook.html
7 https://ec.europa.eu/commission/presscorner/detail/en/ip_22_1145
8 https://www.sec.gov/news/press-release/2022-194
9 https://www.stern.nyu.edu/experience-stern/about/departments-centers-initiatives/centers-of-research/center-sustainable-business/research/csb-sustainable-market-share-index
CONTACT: Emily Rado, emily@schroderhaus.com
View original content to download multimedia:
SOURCE Fairtrade America | https://www.wcjb.com/prnewswire/2022/12/13/fairtrade-america-unveils-top-brand-consumer-trends-2023/ | 2022-12-13 16:33:15 | 1 | https://www.wcjb.com/prnewswire/2022/12/13/fairtrade-america-unveils-top-brand-consumer-trends-2023/ |
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Norwegian teen breaks own record on home soil
June 15, 2017 02:31 PM
Already the youngest runner in history to complete a sub-4:00 mile, Jakob Ingebrigtsen broke his own record in the Dream Mile at the 2017 Bislett Games.
Close Ad | https://www.nbcsports.com/watch/norwegian-teen-breaks-own-record-on-home-soil | 2023-07-04 15:38:18 | 0 | https://www.nbcsports.com/watch/norwegian-teen-breaks-own-record-on-home-soil |
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Texas Lt. Gov. Dan Patrick on Tuesday signed legislation that aims to increase the transparency of the state’s public records law after delaying its delivery to the governor for a week.
His delayed action comes amid the public airing of increasingly frayed political relations between Patrick and his Republican counterparts in state leadership, House Speaker Dade Phelan and Gov. Greg Abbott.
House Bill 30, filed by Texas Democratic state Rep. Joe Moody, was a priority for Phelan, a Republican.
The bill, if signed by the governor, would close a long-standing loophole in state law that allows government agencies to withhold or heavily redact law enforcement records if a person has not been convicted or received probation. Government agencies have used the exception, dubbed the “dead suspects loophole,” to withhold information in situations in which suspects die in police custody, are killed by law enforcement or even commit suicide, as ProPublica and The Texas Tribune reported last month.
At the end of a press conference Tuesday, mostly spent lambasting Phelan and Abbott’s property tax plans, Patrick told reporters that lawmakers in the Senate and House had agreed to pass Moody’s bill if another piece of Republican legislation was also approved.
Moody told the news organizations he held up his end of the bargain not to oppose the Republican legislation in the House, but ultimately it did not pass. His public records bill did.
Patrick said when he found out the next day that the House had “played games there,” he pulled out Moody’s bill from a stack of others he needed to sign. “I said, ‘What’s that bill all about, let me see that bill.’”
Patrick said he “stuck” the legislation on his podium, where it’s remained ever since. He said Tuesday he always planned to sign it.
The lieutenant governor’s office did not respond to questions about his delayed signature.
Phelan’s communications director, Cait Wittman, said Tuesday that holding up the bill “absolutely is political.”
The Texas Constitution requires that the top leaders of the House and Senate sign all legislation in order for it to proceed to the governor for consideration. Patrick signed all but Moody’s.
“The bottom line, he has a constitutional duty to sign this bill,” Wittman said. “You don’t make deals off the Constitution.”
Wittman also accused Senate officials of lying about what happened to the bill and blaming it on the House. A Senate journal clerk told Austin television station KXAN in an email that the bill was never delivered to the Senate for signing in the first place. House officials maintained the bill made it to the Senate for signature.
Moody declined to publicly comment on the bill’s status until after the legislation was en route to the governor’s office Tuesday. In a statement to ProPublica and the Tribune, Moody did not address the delay, focusing instead on the eight years he’s spent trying to close this loophole.
“I don’t mind waiting another week for the bill to come to the governor as long as Texas families don’t have to wait any longer for the answers they deserve,” Moody’s statement said. “I appreciate Speaker Phelan making it a priority to shine this light on something that should never be in the dark in a free society.”
Go behind the headlines with newly announced speakers at the 2023 Texas Tribune Festival, in downtown Austin from Sept. 21-23. Join them to get their take on what’s next for Texas and the nation.
This article originally appeared in The Texas Tribune | https://blackchronicle.com/texas-bill-increasing-transparency-in-public-records-law-goes-to-abbott/ | 2023-06-07 00:09:29 | 0 | https://blackchronicle.com/texas-bill-increasing-transparency-in-public-records-law-goes-to-abbott/ |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO ANY JURISDICTION INTO WHICH SUCH DISTRIBUTION WOULD BE UNLAWFUL. THIS NOTICE IS FOR INFORMATION ONLY AND IS NOT AN OFFER TO EXCHANGE, PURCHASE OR SELL SECURITIES. THE EXCHANGE OFFERS AND CONCURRENT CASH TENDER OFFERS DISCUSSED BELOW WERE MADE SOLELY PURSUANT TO THE REGISTRATION STATEMENT AND THE OFFER TO PURCHASE, RESPECTIVELY.
LONDON, Sept. 14, 2022 /PRNewswire/ -- HSBC Holdings plc (the 'Company') announces today that its previously announced exchange offers launched on 2 August 2022 (the 'Exchange Offers' and each, an 'Exchange Offer') and concurrent offers to purchase for cash any and all of the Cash Tender Notes (as defined below) (the 'Concurrent Cash Tender Offers') expired at 11:59pm, New York City time, on 13 September 2022 (the 'Expiration Deadline').
As previously announced, in exchange for each $1,000 principal amount of Original Notes (as defined below) of a series that is validly tendered (and not validly withdrawn) prior to the Expiration Deadline of the relevant Exchange Offer, holders will be eligible to receive the total consideration of $1,015 (the 'Total Consideration'), comprising $1,000 principal amount of subordinated notes of a corresponding series of Exchange Notes (as defined below) that will be registered under the Securities Act of 1933, as amended (the 'Securities Act'), pursuant to a registration statement on Form F-4 (File No. 333-266456) (together with the related prospectus dated 30 August 2022, the 'Registration Statement') relating to the Exchange Offers which was filed on 2 August 2022 with the United States Securities and Exchange Commission and which was declared effective on 24 August 2022, and a participation cash incentive of $15 (the 'Participation Cash Incentive').
The Company was advised by Global Bondholder Services Corporation as the Exchange Agent and Information Agent that, as of the Expiration Deadline, the aggregate principal amount of each series of subordinated notes solicited in the Exchange Offers as specified in the table above (together, the 'Original Notes') was validly tendered and not validly withdrawn. The table above provides the aggregate principal amount of each series of Original Notes that the Company has accepted in the Exchange Offers on the terms and subject to the conditions set forth in the Registration Statement and the related letter of transmittal.
As previously announced, the Concurrent Cash Tender Offers were launched concurrently with the Exchange Offers in relation to the Original 7.35% Notes due 2032, A Original 7.625% Notes due 2032 and B Original 7.625% Notes due 2032 (together, the 'Cash Tender Notes'), up to a maximum aggregate principal amount of $70,000,000, under the terms and conditions of the offer to purchase dated 2 August 2022, as amended on 30 August 2022 (the 'Offer to Purchase') and the related certification instruction letter.
The Company was advised by Global Bondholder Services Corporation as the Depositary and Information Agent that, as of the Expiration Deadline, the aggregate principal amount of each series of Cash Tender Notes specified in the table above was validly tendered and not validly withdrawn. The table above provides the aggregate principal amount of each series of Cash Tender Notes that the Company has accepted in the Concurrent Cash Tender Offers on the terms and subject to the conditions set forth in the Offer to Purchase.
Payment of the applicable Consideration (as defined in the Offer to Purchase) for all Cash Tender Notes validly tendered and accepted by the Company pursuant to the Concurrent Cash Tender Offers will be made on 16 September 2022 (the 'Settlement Date'). In addition to the Consideration, holders whose Cash Tender Notes of a given series are accepted for purchase will also be paid a cash amount equal to the accrued and unpaid interest on such Cash Tender Notes from, and including, the last interest payment date for such Cash Tender Notes to, but not including, the Settlement Date, rounded to the nearest cent (such amount in respect of a series of Cash Tender Notes, 'Accrued Interest'). Accrued Interest will be payable on the Settlement Date. For the avoidance of doubt, interest will cease to accrue on the Settlement Date for all Cash Tender Notes accepted in the Concurrent Cash Tender Offers. Under no circumstances will any interest be payable to holders because of any delay on the part of Global Bondholder Services Corporation, as depositary, the Depository Trust Company or any other party in the transmission of funds to holders.
The Exchange Notes will be issued and the Participation Cash Incentive will be paid on 16 September 2022.
All Cash Tender Notes accepted in the Concurrent Cash Tender Offers are cancelled and retired, and will no longer remain outstanding obligations of the Company.
Capitalised terms used in this announcement and not defined herein have the meanings given to them in the Registration Statement.
HSBC Securities (USA) Inc. is serving as Dealer Manager in connection with the Exchange Offers and the Concurrent Cash Tender Offers. For additional information regarding the terms of the Exchange Offers and the Concurrent Cash Tender Offers, please contact: HSBC Securities (USA) Inc. at +1 (888) HSBC-4LM (toll-free) or +1 (212) 525-5552 (collect), Europe: +44 (0)20 7992 6237. Requests for the Registration Statement or the Offer to Purchase may be directed to Global Bondholder Services Corporation, which is acting as the Exchange Agent, Depositary and Information Agent for the Exchange Offers and the Concurrent Cash Tender Offers, at (212) 430-3774 or (855) 654-2014 (toll-free) or contact@gbsc-usa.com.
This announcement is for informational purposes only and does not constitute an offer to exchange, purchase or sell, or a solicitation of an offer to exchange, purchase or sell, any security. No offer, solicitation, sale or exchange will be made in any jurisdiction in which such an offer, exchange, solicitation, or sale would be unlawful. The Exchange Offers and the Concurrent Cash Tender Offers were only made pursuant to the Registration Statement and the Offer to Purchase, respectively.
United Kingdom. This announcement and any other documents or materials relating to the Exchange Offers or the Concurrent Cash Tender Offers are not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000. Accordingly, this announcement and such documents and/or materials are not being distributed to, and must not be passed on to, persons in the United Kingdom other than (i) to those persons who are within Article 43 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Financial Promotion Order'), including existing members or creditors of the Company, or (ii) to any other persons to whom it may otherwise lawfully be made (all such persons together being referred to as 'Relevant Persons') and the transactions contemplated by the Registration Statement or the Offer to Purchase will be available only to, and engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act on or rely on this announcement or any of its contents.
Belgium. Neither this announcement nor any other documents or materials relating to the Exchange Offers or the Concurrent Cash Tender Offers have been submitted to or will be notified to, and neither this announcement nor any other documents or materials relating to the Exchange Offers or the Concurrent Cash Tender Offers have been or will be approved by, the Belgian Financial Services and Markets Authority ('Autoriteit voor Financiële Diensten en Markten/Autorité des Services et Marchés Financiers'). The Exchange Offers and the Concurrent Cash Tender Offer may therefore not be made in Belgium by way of a public takeover bid (openbaar overnamebod/offre publique d'acquisition) as defined in Article 3 of the Belgian Law of 1 April 2007 on public takeover bids, as amended (the 'Belgian Takeover Law'), nor, with respect to the Exchange Offers, by way of an offer to the public as defined in Regulation (EU) 2017/1129, as amended, save in those circumstances where a private placement exemption is available.
The Exchange Offers and the Concurrent Cash Tender Offers are conducted exclusively under applicable private placement exemptions. The Exchange Offers and the Concurrent Cash Tender Offers may therefore not be advertised and the Exchange Offer and the Concurrent Cash Tender Offers may not be extended, and neither this announcement nor any other documents or materials relating to the Exchange Offers or the Concurrent Cash Tender Offers (including any memorandum, information circular, brochure or any similar documents) have been or shall be distributed or made available, directly or indirectly, to any person in Belgium other than (i) to 'qualified investors' within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as amended and (ii) in any circumstances set out in Article 6, §4 of the Belgian Takeover Law or, with respect to the Exchange Offers, Article 1(4) of Regulation (EU) 2017/1129, as amended. The Registration Statement and the Offer to Purchase were issued only for the personal use of the above-mentioned qualified investors and exclusively for the purpose of the Exchange Offers and Concurrent Cash Tender Offers, respectively. Accordingly, the information contained in the Registration Statement and the Offer to Purchase may not be used for any other purpose or disclosed to any other person in Belgium.
Italy. None of the Exchange Offers, the Concurrent Cash Tender Offers, this announcement or any other document or materials relating to the Exchange Offers or the Concurrent Cash Tender Offers have been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa ('CONSOB') pursuant to Italian laws and regulations. The Exchange Offers and the Concurrent Cash Tender Offers are being carried out in the Republic of Italy as exempted offers pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended (the 'Financial Services Act') and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of 14 May 1999, as amended.
Hong Kong. This announcement and any other documents or materials relating to the Concurrent Cash Tender Offers and/or the Cash Tender Notes is not being made in Hong Kong, by means of any document, other than (i) in circumstances which do not constitute an offer to the public within the meaning of the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32, Laws of Hong Kong) (the 'CWUMPO'), or (ii) to 'professional investors' as defined in the Securities and Futures Ordinance (Cap. 571, Laws of Hong Kong) (the 'SFO') and any rules made thereunder, or (iii) in other circumstances which do not result in the document being a 'prospectus' as defined in the CWUMPO.
The Exchange Notes have not been offered or sold and will not be offered or sold in Hong Kong, by means of any document, other than (a) to 'professional investors' as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong and any rules made under that Ordinance; or (b) in other circumstances which do not result in the document being a 'prospectus' as defined in the CWUMPO or which do not constitute an offer to the public within the meaning of that Ordinance.
No invitation, advertisement or document relating to the Exchange Offers, the Concurrent Cash Tender Offers, the Exchange Notes and/or the Cash Tender Notes has been or will be issued, or has been or will be in the possession of any person for the purpose of issue (in each case whether in Hong Kong or elsewhere), which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to the Exchange Offers, the Concurrent Cash Tender Offers, the Exchange Notes and/or the Cash Tender Notes which are or are intended to be disposed of only to persons outside Hong Kong or only to 'professional investors' as defined in the SFO and any rules made thereunder.
Canada
Concurrent Cash Tender Offers. Any offer or solicitation in Canada must be made through a dealer that is appropriately registered under the laws of the applicable province or territory of Canada, or pursuant to an exemption from that requirement. Where the Dealer Manager or any affiliate thereof is a registered dealer or able to rely on an exemption from the requirement to be registered in such jurisdiction, the Concurrent Cash Tender Offers shall be deemed to be made by such Dealer Manager, or such affiliate, on behalf of the relevant company in that jurisdiction.
Exchange Offers. The Exchange Offers and any solicitation in respect thereof, and the sale of the Exchange Notes, are not being made, directly or indirectly, in Canada or to holders of the Original Notes who are resident and/or located in any province or territory of Canada. The Registration Statement has not been filed with any securities commission or similar regulatory authority in Canada in connection with the Exchange Offers, and the Exchange Notes have not been, and will not be, qualified for sale under the securities laws of Canada or any province or territory thereof and no securities commission or similar regulatory authority in Canada has reviewed or in any way passed upon the Registration Statement, any other documents or materials relating to the Exchange Offers or the merits of the Exchange Notes and any representation to the contrary is an offence. Accordingly, Canadian holders of the Original Notes are hereby notified that, to the extent such holders of Original Notes are persons or entities resident and/or located in Canada, the Exchange Offers is not available to them and they may not accept the Exchange Offers. As such, any tenders of Original Notes received from such persons or entities shall be ineffective and void. No Exchange Notes may be offered, sold, delivered or exchanged, nor may copies of the Registration Statement or of any other document relating to the Exchange Notes and the Exchange Offers be distributed or made available in Canada. The Registration Statement and any other documents or offering materials relating to the Exchange Offers or the Exchange Notes may not be distributed in Canada and the Registration Statement does not constitute an offer or an invitation to participate in the Exchange Offers to any person resident in Canada.
France. This announcement and any other offering material relating to the Exchange Offers or the Concurrent Cash Tender Offers may not be distributed in the Republic of France except to qualified investors as defined in Article 2(e) of Regulation (EU) 2017/1129, as amended. Neither this announcement, nor any other such offering material has been or will be submitted for clearance to, nor approved by, the Autorité des Marchés Financiers.
Cautionary Statement Regarding Forward-Looking Statements
In this announcement the Company has made forward-looking statements. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements may be identified by the use of terms such as 'believes', 'expects', 'estimate', 'may', 'intends', 'plan', 'will', 'should', 'potential', 'reasonably possible' or 'anticipates' or the negative thereof or similar expressions, or by discussions of strategy. We have based the forward-looking statements on current expectations and projections about future events. These forward-looking statements are subject to risks, uncertainties and assumptions about us, as described under 'Risk Factors' in the Registration Statement and in the Offer to Purchase. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed herein might not occur. You are cautioned not to place undue reliance on any forward-looking statements, which speak only as of their dates.
Note to editors:
HSBC Holdings plc
HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. HSBC serves customers worldwide from offices in 63 countries and territories in our geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of US$2,985bn at 30 June 2022, HSBC is one of the world's largest banking and financial services organisations.
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SOURCE HSBC Holdings plc | https://www.kait8.com/prnewswire/2022/09/14/hsbc-holdings-plc-announces-final-results-exchange-offers-concurrent-cash-tender-offers-subordinated-notes/ | 2022-09-14 12:04:48 | 1 | https://www.kait8.com/prnewswire/2022/09/14/hsbc-holdings-plc-announces-final-results-exchange-offers-concurrent-cash-tender-offers-subordinated-notes/ |
SPRINGFIELD, Ill. (AP) _ The winning numbers in Saturday evening's drawing of the "Pick Three-Evening" game were:
5-9-6, Fireball: 7
(five, nine, six; Fireball: seven)
SPRINGFIELD, Ill. (AP) _ The winning numbers in Saturday evening's drawing of the "Pick Three-Evening" game were:
5-9-6, Fireball: 7
(five, nine, six; Fireball: seven) | https://www.sfgate.com/lottery/article/Winning-numbers-drawn-in-Pick-Three-Evening-game-17357007.php | 2022-08-07 03:11:34 | 0 | https://www.sfgate.com/lottery/article/Winning-numbers-drawn-in-Pick-Three-Evening-game-17357007.php |
Officials with the United States Marshals Gulf Coast Regional Task Force have apprehended Shermirror Jones.
The taskforce and the Central Alabama Crimestoppers located the 37-year-old in Montgomery.
Jones was taken into custody on Tuesday for a Domestic Violence 2nd charge, a Class B felony with the Montgomery Police Department.
The charges stemmed from a stabbing that took place on Saturday, October 22 in the 1400 block of French Street.
Officials credit an anonymous tip that helped the task force locate Jones.
Jones is currently in the Montgomery County Detention Facility.
Her bond is set at $30,000. | https://www.wvasfm.org/wvas-local/2022-11-02/fugitive-arrested | 2022-11-02 21:03:47 | 1 | https://www.wvasfm.org/wvas-local/2022-11-02/fugitive-arrested |
ROSLYN HEIGHTS, N.Y., June 14, 2022 /PRNewswire/ -- Advanced Surgical Solutions LLC – a New Jersey bariatric center for advanced surgical weight loss -- is now part of New York Bariatric Group (NYBG).
NYBG, the leading bariatric practice in the tri-state area with offices throughout New York, New Jersey, and Connecticut, partners with Advanced Surgical Solutions LLC, an independent bariatric practice with a strong presence in northern New Jersey. The strategic partnership expands the NYBG footprint with two additional offices in Pequannock and Paramus, to the already established NYBG New Jersey locations in Wayne, Montclair, and Bridgewater.
Advanced Surgical Solutions, LLC founder, Dr. Vadim Gritsus, will be joining the distinguished NYBG team of 23 bariatric surgeons. He brings almost 20 years of bariatric experience, having performed over 6,000 weight loss procedures as well as other advanced procedures. He is a recognized expert in bariatric surgery as well as laparoscopic and minimally invasive surgery. Together with NYBG, the group will now have the combined experience of over 46,000 successful procedures and maintains 21 locations.
As Advanced Surgical Solutions LLC joins NYBG, Dr. Gritsus will extend the service line to include the bariatric one-day clearance, which expedites a required pre-surgical workup for patients. NYBG patient-centered services also include the follow-up aftercare program, support groups and NYBG products geared toward weight loss nutrition products.
"Surgery can be a very stressful experience and the surgical process can become overwhelming if patients are not prepared with what to expect. The NYBG all-inclusive approach will be a great addition to our practice in addressing patient concerns efficiently from the very first step to post-operative care. Our team is excited to welcome New York Bariatric Group." says Dr. Gritsus.
NYBG is affiliated with some of the area's most outstanding hospitals. These facilities are accredited as comprehensive bariatric centers by Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program (MBSAQIP) and focus on weight loss surgery patients receiving the highest quality care. "Collaborating with outstanding surgical facilities is a measure we utilize for ensuring outstanding outcomes" says Dr. Gritsus, "When combined with excellent techniques, vast experience and compassionate care, we can address patient needs with the least amount of pain and side effects."
New York Bariatric Group is a nationally renowned bariatric practice. NYBG performs a variety of weight loss procedures including gastric balloons, LAP-BAND© adjustable gastric band, revisional surgery, sleeve gastrectomy, duodenal switch, and gastric bypass. Utilizing technology, talent, and experience, New York Bariatric Group is the elite institution for the treatment of obesity.
NYBG accepts most insurances. For more information or to schedule an appointment, call 800-633-8446 or visit stopobesityforlife.com
Press Contact: Megan DiGregorio
Director of Marketing Analytics and Business Development
Email: mdigregorio@nybg.com
Related Links https://bariatric.stopobesityforlife.com
Contact: New York Bariatric Group
www.StopObesityForLife.com
800-633-8446
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SOURCE New York Bariatric Group | https://www.wcjb.com/prnewswire/2022/06/14/new-york-bariatric-group-partners-with-advanced-surgical-solutions-llc/ | 2022-06-14 17:26:38 | 1 | https://www.wcjb.com/prnewswire/2022/06/14/new-york-bariatric-group-partners-with-advanced-surgical-solutions-llc/ |
Watch: The human impacts of the war in Ukraine, one year later
It's been a year since Russia invaded Ukraine, crumbling communities, creating fear and displacing and separating countless families.
For some, prayer has sustained them through the last 12 months.
Ihor Remsky was born in the United States after his parents arrived in the 1950s. He has four cousins living in Ukraine in an area where that has sustained rocket damage.
"When that happened, one of my second cousins told her mom that it's time to pack up and go. She took what she could carry and her 13-year-old son," Remsky said.
Remsky, who lives in Maryland, plans to attend a prayer service at his church Friday in recognition of the war's one-year mark.
Learn more about Remsky's story in the video above.
Some families were able to relocate but had to face the tough reality of leaving loved ones behind.
Natalya Hines and her family were living in Ukraine when Russia invaded.
Her father, Orest Krekhtyak, her 17-year-old nephew, also named Orest, and her 11-year-old niece Ania fled to New Orleans.
"It is evil. It is awful because peaceful people are suffering," said Orest Krekhtyak. "People are suffering. You wake up in the morning that you are happy and alive. Your neighbor may be laying in the street dead."
Liudmilya Samokhvalova and her 10-year-old son Mark fled Ukraine and ended up in Nebraska.
Mark, who is nonverbal and has dystonia, cannot walk. Samokhvalova recalls carrying him down the stairs to the bomb shelter when sirens sounded, his 6-year-old sister Yeva close behind them.
Weeks later, the family left Poltava, a city between Kyiv and Kharkiv, without knowing whether Mark would be able to receive medicine for his epilepsy.
Samokhvalova said it was a risk they had to take. They spent months in Poland until a Nebraska man opened his home as a refuge for the family.
Andrew DeFonzo offered his home while he was away on business.
"It worked out perfectly so they could come over to the house, stay there, get some much-needed comfort and sense of safety," said DeFonzo, who then served as the family's sponsor. "It's a much bigger thing than just getting them over here and finding a place to live for them."
Kateryna Kozin had a similar story.
When Russian troops attacked Ukraine last year, the young family was living in an apartment building near the capital Kyiv.
"In one moment, our world was destroyed around us," Kozin said.
Some days, she would have to take cover with her young son Daniel in the basement. Soon, he started to get sick.
"He was very slim with a very big stomach," Kozin said. "And he cried all the time."
Daniel's symptoms pointed to celiac disease, a serious genetic condition with a simple treatment that requires patients to avoid eating gluten. The protein is found in any product containing wheat, barley and rye.
But in the war zone, Kozin found few gluten-free options available.
"In our stores and supermarkets, it's very difficult," she said. "He was eating a simple food like potatoes because potatoes are without gluten."
Kozin also struggled to find a pediatrician who could examine Daniel.
"In this situation, it's very difficult to speak face-to-face," she said. "It's only, maybe, by phone."
Kozin reached out online, looking for help. She said she never expected to find it in the United States.
The National Celiac Association in Needham, Massachusetts, offered to coordinate care for Daniel at the Center for Celiac Research and Treatment at Mass General for Children.
With their help, Kozin was able to change Daniel's diet, which improved his digestive problems.
While the war kept many families separated over the holidays, a couple in Wisconsin helped reunite a woman with her parents just in time for Christmas.
Chris and Carol Mastronardo took a trip to the border of Ukraine and Poland early in the war. When they returned home, they were contacted by a woman who was trying to get her parents out of Kyiv.
Liliya Kazymyriuna said at the time, her parents were "freezing at home, starving."
"It’s a miserable, horrible life there right now," Liliya said over the phone. “It’s a nightmare for me.”
Using their airline miles, the Mastronardos snagged tickets for Liliya's parents to fly from Warsaw to Chicago. Her parents obtained a two-year visa and made plans to reunite in the U.S. on Christmas Eve.
Kateryna Pryoh also found herself fleeing to the United States as the war began.
The 26-year-old was raising her two small daughters and surrounded by friends and family before the fighting started.
“It just was a wonderful life, and I had maybe the best life in the world," she added. “I had a job. I had my place.”
When Russia launched its attack, Pyroh began pitching in to help those fighting on the front lines, but the war reached a point where she knew it was time to leave.
"I needed it for my kids,” she said. "They needed to be in a good atmosphere, and you know, just clean sky with no bombs.”
In April, she packed up as much as she could and said goodbye to her loved ones. Pryoh drove the 600 miles with her daughters to Poland. They would end up flying from the Netherlands to Colombia and then Mexico. They crossed into the United States at the border in Tijuana.
She was driven by relatives to Orangevale, California, and was told she was going to live with Jennifer Scalzi, a stranger who volunteered to take her in temporarily.
“I was fortunate enough to have room in my house to take in a Ukrainian family,” Scalzi said. "I remember opening the door and being quite surprised to see a 6-year-old and a 9-year-old and this very young mother. I remember that she just kind of fell into my arms, and I remember that hug. I knew that I did the right thing. It was instant love."
Scalzi quickly became much more than an American host.
“I say she’s my American mom,” Pyroh said.
Pyroh lived with Scalzi for nearly seven months. She and the girls are now living in an apartment with her boyfriend.
She said that she had expected the U.S. to look like "a Hollywood movie."
But Pyroh has learned that living here isn’t always as glamorous as it is on the big screen.
Like many Ukrainians, Pyroh is in the country on a one-year visa, which expires in April. She’s not sure what will happen after that.
“I want to live here,” she said. | https://www.kcra.com/article/impacts-of-war-in-ukraine-one-year-later/43050538 | 2023-02-24 02:19:56 | 0 | https://www.kcra.com/article/impacts-of-war-in-ukraine-one-year-later/43050538 |
TEL AVIV, ISRAEL — Ofir Korazim, an Israeli air force pilot with 30 years of F-16 experience, hardly has the profile of a protester.
The community leader of a small village in central Israel, head of a parent-teacher association, and a military reservist who has done 50 to 60 days of reserve duty yearly, he was galvanized when an extremist cabinet minister named Bezalel Smotrich called for Israel to “wipe out” a West Bank town.
During a long conversation in a Tel Aviv office, Korazim recalled his initial upset over Prime Minister Benjamin Netanyahu’s plans to end the Supreme Court’s independence. That unease turned to dismay when Netanyahu tried to fire Defense Minister Yoav Gallant — for asking him to listen to the concerns of reservists over the judicial overhaul. It became pure anger over Smotrich’s illegal demand.
At that point, Korazim (who no longer flies but serves at headquarters) joined a growing movement of reserve pilots, navigators, intelligence and cyber units, and special forces who all say they won’t fight for an undemocratic government whose leaders disrespect the rule of law.
These reservists have become the strongest card in a grass roots movement protesting Netanyahu’s plan to eliminate checks and balances in the Israeli political system. Although they say they will fight should war break out, their stance could split Israel’s defense forces.
Upheaval bears watching here
Despite the differences in our institutions, the Israeli military’s upheaval over threats to democracy bears watching by those concerned about democracy in the United States.
In Israel, where most men and many women do military service, reservists play a critical role. Reserve pilots make up a large percentage of the active air force, reporting for training weekly, and they can be called up suddenly to participate in military action. Unlike in the United States, their units are mainly volunteers.
“The action of military reserve groups is the most threatening and frightening to the government,” retired Brig. Gen. Giora Inbar told me, “because reserve units are crucial to the strength of the army and the nation.” Although protests within the military are not unknown, the breadth and depth of this save-democracy wave is unprecedented.
“We are ready to sacrifice our lives for our nation so long as it is a democracy with liberal values,” Inbar insisted, over coffee in his office, using language I heard expressed passionately by reservists: “Winning an election does not grant permission to destroy the principle of separation of powers, and demolish the Supreme Court.”
Netanyahu’s war on the court provoked an explosion of WhatsApp discussion groups among members of elite reserve units (and inspired umbrella groups such as Brothers and Sisters in Arms, which helps coordinate reservists’ petitions and marches).
A ‘people’s army’ mindset
These special units, I was told, maintain a culture of a “people’s army” based on the spirit of the Haganah, Israel’s pre-state fighting force that dispensed with normal military hierarchy. They retain the more liberal, secular values of Israel’s socialist European founders, which were embodied in the Israeli Declaration of Independence. This often puts them at odds with the ultra-religious and nationalist Israeli sectors that are driving the attack on the courts, as well as with the Israeli ground forces that police the West Bank.
Israeli government officials initially vilified the reservists as traitors and weaklings (although many of those same critics never served or were rejected by the military for radical views).
But cold, hard facts about the reservists’ protest forced Netanyahu to “pause” his judicial “reform” plans and reinstate Gallant. According to the Times of Israel, about 1,000 reserve pilots and navigators might resign if the Supreme Court “reforms” are passed by the Knesset, Israel’s parliament. Other essential elite units have also submitted mass petitions.
Korazim said the day the first piece of legislation is passed to overhaul the Supreme Court is the day he will quit the reserves.
“This is my red line,” he said firmly, leaning forward with urgency. “Those of us giving so much of our lives (to the military) feel we have a contract to protect the democratic state of Israel. If that contract is broken,” he shrugged and paused. “The pilots confronted that reality much faster than many others.”
Even deeper fears
Yet, as I learned in conversations with several reservists from elite units, the fate of Israel’s judiciary is tied to even deeper fears of what Israel’s illiberal government might do.
Almost all raised deep concerns that two ultranationalist and messianic settlers who have been given key cabinet posts — Itamar Ben-Gvir and Smotrich — will drag the army into unnecessary wars, whether in Gaza, the West Bank, or beyond Israel’s borders. Both ministers seek annexation of the West Bank and have encouraged violent settlers to attack Palestinian towns.
Both men also urged and taunted Netanyahu to start the current military campaign in Gaza.
Of course, such violence has occurred under previous governments. But the reservists believe there will be no restraints whatsoever on unwise or illegal military actions if the Supreme Court loses its independence — and if Netanyahu remains politically dependent on extremists.
Yiftach Golov, a former special forces commando and reservist who helped organize Brothers and Sisters in Arms, also pointed out that elite Israeli units would be vulnerable to charges by the International Criminal Court if there were no more independent Israeli Supreme Court to consider military crimes.
If Israel remains a democracy, on the other hand, then reservists say they will carry out orders in Gaza or the West Bank even if they disagree with the objective. “But if you are going to press the button over Gaza,” pilot Korazim said, and halted tellingly. That is the point, he made clear, where the military’s social contract with a democratic government becomes essential, and a broken contract requires refusal.
‘A black flag waving’
The moment of truth will be reached when and if Netanyahu pushes through the laws on so-called judicial reforms.
“We feel this is a black flag waving,” said architect and reservist airborne rescue officer Erez Ella. He was referring to the Israeli army principle, confirmed by the Supreme Court, that a soldier has the right and duty to refuse “a manifestly illegal order, on which the black flag of illegality flies.”
“You have to resist if ordered to do something morally wrong,” Ella told me.
(Most of the reservists with whom I spoke recognized there could be no Israeli democracy if Israel retains permanent control over several million West Bank and Gazan Palestinians who lack civil and sovereign rights. But they insisted that issue had to be postponed until the immediate threat to Israel’s democratic institutions was resolved.)
Amongst many reservists, there is also a deep resentment that Netanyahu’s ultraorthodox religious allies want him to pass legislation permanently exempting their men from military service, something already rejected by the Supreme Court. Elite reservists see themselves carrying more of the burden as growing numbers of religious youth carry less.
Women’s rights in the military are also at issue. Noa Cafri, a reserve flight navigator, and a woman in a predominantly male field, feared that the 1996 Supreme Court decision allowing women to fly might be overturned at the behest of extreme religious parties if the court’s powers are slashed.
Israel’s internal military-political struggle reminds me of recent moments in U.S. politics when former president Donald Trump’s inner circle proposed a military coup and tried to drag the Pentagon into an attempted takeover. So far, the Pentagon has resisted being used for illegal domestic political purposes. But should Trump be reelected, U.S. military brass may also confront a serious choice about when to reject illegal orders.
That makes it even more interesting to watch whether Israeli military reservists can repel Netanyahu’s attempted judicial coup. The battle to save Israeli democracy may ultimately depend on their continued refusal to operate under a “black flag.”
Trudy Rubin is a columnist and editorial-board member for the The Philadelphia Inquirer. Readers may write to her at: Philadelphia Inquirer, P.O. Box 8263, Philadelphia, Pa. 19101, or by email at trubin@phillynews.com | https://www.twincities.com/2023/05/16/trudy-rubin-meet-the-israeli-military-reservists-who-are-fighting-to-preserve-democracy/ | 2023-05-16 22:04:01 | 0 | https://www.twincities.com/2023/05/16/trudy-rubin-meet-the-israeli-military-reservists-who-are-fighting-to-preserve-democracy/ |
BORDENTOWN, N.J., Oct. 14, 2022 /PRNewswire/ -- Three founding researchers of Princeton NuEnergy , Dr. Xiaofang Wang, Jerry Xiang, MS, and Dr. Chao Yan have been selected as the recipients of Princeton University's prestigious 2022 Tiger Entrepreneur Award as part of the Celebrate Princeton Innovation event on October 13th.
The Tiger Entrepreneur Award is designed to celebrate the value of entrepreneurship across the Princeton community. It is presented to Princeton affiliated individuals or teams who demonstrate success in entrepreneurial endeavors, experience with and commitment to inspiring others through entrepreneurship.
Princeton NuEnergy Inc. (PNE) is a U.S-based innovative clean-tech startup focused on recycling, repurposing, and commercializing lithium-ion battery (LIB) direct recycling and materials recovery from spent electric vehicle (EVs), consumer electronics, manufacturing scrap, and energy storage batteries. The company's patent-pending low-temperature plasma-assisted (LPAS™) LIB recycling process reduces costs by 40% and CO2 emissions by 70% compared to conventional recycling processes, while being highly scalable.
PNE was founded as a spin-off from Princeton University research in 2019 with a goal of rapidly commercializing the core technologies. This has culminated in 2022, quickly moving of their breakthrough lithium-ion battery direct recycling and critical materials recovery technology with major funding rounds and partnerships, as well as the upcoming launch of the first U.S. direct recycling production line with Wistron GreenTech on October 25, 2022 in McKinney, Texas. PNE has plans to boost recycling capacity to 20,000 tons in 2024.
Dr. Tony Williams, the Associate Director in Princeton's Office of Technology Licensing, remarked on PNE: "Princeton NuEnergy has grown at a truly impressive pace. It is one of the most impressive entrepreneurial trajectories I have seen in my six and a half years working in new venture creation at Princeton's Office of Technology Licensing, and a testament to the commitment and skills of the founding team."
Dr. Chao Yan, a Founder of PNE, stated: "We at PNE are forever grateful for the foundation that Princeton University provided to us in mentorship, support of our research, and our move into operational status. With the emphasis that Princeton puts on fostering entrepreneurs, it is clear why so many great organizations, especially in the sciences, are coming out of there. It is a huge honor to receive this accolade from the University which has been so integral to our success."
Princeton NuEnergy (PNE) is a US-based, innovative clean-tech startup that was spun out of Princeton University in 2019, launching commercial production in 2022. PNE is quickly revolutionizing the critical materials supply chain with its patented direct recycling technology for lithium-ion batteries.
Using a novel low-temperature plasma process, PNE successfully reclaims high-value materials, including rejuvenated cathode and anode materials suitable for direct reintroduction into cell manufacturing. Compared to conventional methods, PNE's process offers low cost, low carbon footprint, and no hazardous emissions – all at a high recycling efficiency rate.
To learn more about PNE, visit: www.pnecycle.com.
Media Contact: Tina Liu, info@pnecycle.com
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SOURCE Princeton NuEnergy | https://www.wcjb.com/prnewswire/2022/10/14/princeton-nuenergy-pne-receives-prestigious-entrepreneurship-award/ | 2022-10-14 20:38:43 | 0 | https://www.wcjb.com/prnewswire/2022/10/14/princeton-nuenergy-pne-receives-prestigious-entrepreneurship-award/ |
FOOTHILL RANCH, Calif., Nov. 11, 2022 /PRNewswire/ -- VA home loans may offer a host of important advantages to United States Military veterans and active-duty servicemen and women, but persistent misperceptions and misunderstanding often prevent their use by those who are intended to benefit. To address this challenge, loanDepot formed its VA Council to increase awareness and understanding among mortgage professionals, realtors and veterans themselves.
Comprised of mortgage professionals who are often veterans themselves and who specialize in serving fellow veterans and active-duty military personnel, loanDepot's VA Council seeks to connect and educate industry professionals around the country, providing resources on the benefits, nuances and misconceptions surrounding the VA loan so they can better understand it and unlock its full potential.
"Supporting our nation's heroes for all they sacrifice is in loanDepot's DNA – and we've created the VA Council to help ensure more of these brave men and women can tap into the benefit they have earned through their service," said loanDepot Executive Vice President John Bianchi. "VA loans are an outstanding option but are too often shrouded in mystery and confusion. We aim to dispel the myths so that more of our nation's servicemen and women can benefit from this important tool."
Among common myths are "A VA loan can only be accessed once," "You can only have one VA loan at a time," and "VA loans take too long to close." Through a series of in-person and virtual meetings and roundtables, educational materials, and the use of proprietary technology that helps connect veterans with mortgage professionals and realtors who specialize in working with the veteran community, the Council seeks to dispel these myths and create greater awareness and access to VA home loans.
"Serving my fellow veterans by helping them purchase a home and build wealth is the ultimate way for me as a loan officer to say thank you for your service," said VA Council Member Patton Gade, a loanDepot branch manager and former US Army officer. "By sharing our knowledge and passion with other industry professionals, the new VA Council helps to shine a spotlight on this incredible tool and ultimately empowers loan originators and realtors to better serve the military community."
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster and less stressful to purchase or refinance a home. Today, as one of the nation's largest non-bank retail mortgage lenders, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional and national philanthropic efforts.
Media Contact
Jonathan Fine
VP, Public Relations
(781) 248-3963
jfine@loandepot.com
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SOURCE loanDepot, Inc. | https://www.wistv.com/prnewswire/2022/11/11/loandepot-forms-va-council-serve-us-military-veterans-active-duty-service-members-path-home-ownership/ | 2022-11-11 17:17:32 | 0 | https://www.wistv.com/prnewswire/2022/11/11/loandepot-forms-va-council-serve-us-military-veterans-active-duty-service-members-path-home-ownership/ |
Instituto Bernabeu Group, with 9 clinics in Spain and Italy, brings together renowned fertility specialists to discuss delayed childbearing and future treatments.
MADRID, March 13, 2023 /PRNewswire/ -- Spain is one of the most advanced countries in the world in terms of assisted reproduction, with a pioneering law and where the most cutting-edge treatments are developed for those who wish to have a child. Instituto Bernabeu receives thousands of women from more than 137 countries who, after the age of 40, wish to become mothers but are unable to do so. The possibilities offered by flight connections and the treatments personalization, together with the treatment's competitive cost, are also determining factors for many Americans to choose to travel to Spain to become mothers as a couple, or alone.
Directed by doctors Rafael and Andrea Bernabeu and with a track record of over 35 years and more than 400 articles and research papers published in international scientific journals, the Instituto Bernabeu Group is committed to communication and science. Proof of this is the medical meeting held, which has brought together renowned specialists to discuss the reproductive health of women in our century.
Delayed childbearing and ovarian reserve, oocyte preservation and endometriosis were the highlights of the first block of content at the conference. Genetic analysis and diagnoses and treatments personalization, as well as the most cutting-edge treatments for low ovarian reserve and the application of AI in reproductive medicine, completed the second block of content to the satisfaction of the hundreds of attendees gathered both in the clinic's auditorium and connected via streaming.
This meeting confirmed that science and medicine are the main support to face infertility. The significant increase in the number of people turning to specialized centers in order to achieve pregnancy, is accompanied by very significant advances in reproductive medicine; it offers cutting-edge solutions and provides answers to problems that could not be solved just a few years ago.
Instituto Bernabeu Group is one of the few clinics totally owned and managed by doctors. Without the interests of multinational groups or investors outside the medical activity, which translates into decisions and scientific progress based exclusively on the health of its patients.
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SOURCE Instituto Bernabeu | https://www.valleynewslive.com/prnewswire/2023/03/13/experts-meet-spain-address-womens-reproductive-health-21st-century/ | 2023-03-13 14:41:19 | 1 | https://www.valleynewslive.com/prnewswire/2023/03/13/experts-meet-spain-address-womens-reproductive-health-21st-century/ |
Narcan maker aims for $50 over-the-counter price
Published: Apr. 21, 2023 at 9:17 AM CDT|Updated: 48 minutes ago
(CNN) - The maker of Narcan nasal spray is working to lower the cost of the life-saving product.
Emergent said in a statement Thursday that it is aiming for an out-of-pocket price of less than $50 for its Narcan now that the Food and Drug Administration allows for over-the-counter sales.
Its goal is to match the price that government agencies, nonprofits and first responders pay for the product, which is used to quickly treat opioid overdoses.
The wholesale price is $125.
Pricing for over-the-counter Narcan will be left to individual retailers.
Emergent aims to have Narcan available online and in stores by late summer.
Copyright 2023 CNN Newsource. All rights reserved. | https://www.kxii.com/2023/04/21/narcan-maker-aims-50-over-the-counter-price/ | 2023-04-21 15:06:47 | 0 | https://www.kxii.com/2023/04/21/narcan-maker-aims-50-over-the-counter-price/ |
OKLAHOMA CITY, Jan. 24, 2023 /PRNewswire/ -- Mammoth Energy Services, Inc. (NASDAQ: TUSK) ("Mammoth" or the "Company") today announced that its wholly owned subsidiary Cobra Acquisitions LLC ("Cobra") has submitted a certified claim for approximately $379 million to the Federal Emergency Management Agency ("FEMA") pursuant to the federal Contract Disputes Act.
In the aftermath of Hurricane Maria in 2017, Puerto Rico was without electricity, and the entire Island was declared a federal disaster zone. There was an urgent need to restore power to the Island as quickly as possible, but few companies had the ability to mobilize immediately to an island, particularly one that had just been devastated. Additionally, many companies were reticent about contracting with the Puerto Rico Electric Power Authority ("PREPA"), which had declared bankruptcy earlier in 2017. Nevertheless, Cobra agreed to mobilize immediately and restore the power grid in Puerto Rico based on assurances from the highest levels of FEMA that it would be paid for its work. Despite having successfully undertaken that Herculean task, and despite spending years attempting to work with FEMA and PREPA to collect this debt, more than five years after Hurricane Maria hit, Cobra still has not been paid over $379 million that it is owed. Cobra is hopeful that FEMA will agree to pay this claim, but Cobra is prepared to exercise its appellate rights, including seeking judicial review, if FEMA refuses to honor its commitment.
Arty Straehla, Chief Executive Officer, commented, "Despite multiple affirmations of our work by FEMA itself, we remain unpaid for work we completed in Puerto Rico over three years ago. Our team answered FEMA's call for assistance when it was needed, and we deserve to be paid for the work we did."
Cobra is represented in this proceeding by Abbe Lowell and Christopher Man from Winston & Strawn LLP.
Mammoth Energy Services, Inc.
Mammoth is an integrated, growth-oriented energy services company focused on the construction and repair of the electric grid for private utilities, public investor-owned utilities and co-operative utilities through its infrastructure services businesses. The Company also provides products and services to enable the exploration and development of North American onshore unconventional oil and natural gas reserves. Mammoth's suite of services and products include: infrastructure services, well completion services, natural sand and proppant services, drilling services and other energy services. For more information, please visit www.mammothenergy.com.
Contact:
Mark Layton, Chief Financial Officer
mlayton@mammothenergy.com
(405) 608-6007
Investors:
Rick Black
rblack@dennardlascar.com
(832) 435-0026
Forward-Looking Statements and Cautionary Statements
This news release (and any oral statements made regarding the subjects of this release, including on the conference call announced herein) contains certain statements and information that may constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts that address activities, events or developments that Mammoth expects, believes or anticipates will or may occur in the future are forward-looking statements. The words "anticipate," "believe," "ensure," "expect," "if," "intend," "plan," "estimate," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "potential," "would," "may," "probable," "likely" and similar expressions, and the negative thereof, are intended to identify forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements, estimates and projections regarding the Company's business outlook and plans, future financial position, liquidity and capital resources, operations, performance, acquisitions, returns, capital expenditure budgets, costs and other guidance regarding future developments. Forward-looking statements are not assurances of future performance. These forward-looking statements are based on management's current expectations and beliefs, forecasts for the Company's existing operations, experience and perception of historical trends, current conditions, anticipated future developments and their effect on Mammoth, and other factors believed to be appropriate. Although management believes that the expectations and assumptions reflected in these forward-looking statements are reasonable as and when made, no assurance can be given that these assumptions are accurate or that any of these expectations will be achieved (in full or at all). Moreover, the Company's forward-looking statements are subject to significant risks and uncertainties, including those described in its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings it makes with the SEC, including those relating to the Company's acquisitions and contracts, many of which are beyond the Company's control, which may cause actual results to differ materially from historical experience and present expectations or projections which are implied or expressed by the forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to: any continuing impacts of the COVID-19 pandemic, related global and national health concerns and economic repercussions; demand for our services; the volatility of oil and natural gas prices and actions by OPEC members and other exporting nations affecting commodities prices and production levels; the impact of the war in Ukraine on the global energy and capital markets and global stability; operational challenges relating to the COVID-19 pandemic and efforts to mitigate the spread of the virus, including logistical challenges, protecting the health and well-being of our employees, remote work arrangements, performance of contracts and supply chain disruptions; inflationary pressures; rising interest rates and their impact on the cost of capital; the outcome of ongoing government investigations and other legal proceedings, including those relating to the contracts awarded to the Company's subsidiary Cobra Acquisitions LLC ("Cobra") by the Puerto Rico Electric Power Authority ("PREPA"); the failure to receive or delays in receiving governmental authorizations, approvals and/or payments, including payments with respect to the PREPA account receivable for prior services to PREPA performed by Cobra; the Company's inability to replace the prior levels of work in its business segments, including its infrastructure and well completion services segments; risks relating to economic conditions, including concerns over a potential economic slowdown or recession; impacts of the recent federal infrastructure bill on the infrastructure industry and our infrastructure services business; the loss of or interruption in operations of one or more of Mammoth's significant suppliers or customers; the loss of management and/or crews; the outcome or settlement of our litigation matters; the effects of government regulation, permitting and other legal requirements; operating risks; the adequacy of capital resources and liquidity; Mammoth's ability to (i) continue to comply with or, if applicable, obtain a waiver of forecasted or actual non-compliance with certain financial covenants from its lenders and comply with other terms and conditions under its amended revolving credit facility, as amended, (ii) extend or refinance our revolving credit facility at or prior to maturity on the terms acceptable to Mammoth or at all and (iii) meet its financial projections associated with reducing its debt; weather; natural disasters; litigation; volatility in commodity markets; competition in the oil and natural gas and infrastructure industries; and costs and availability of resources.
Investors are cautioned not to place undue reliance on any forward-looking statement which speaks only as of the date on which such statement is made. We undertake no obligation to correct, revise or update any forward-looking statement after the date such statement is made, whether as a result of new information, future events or otherwise, except as required by applicable law.
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SOURCE Mammoth Energy Services, Inc. | https://www.dakotanewsnow.com/prnewswire/2023/01/24/mammoth-energy-announces-submission-certified-claim-federal-emergency-management-agency/ | 2023-01-24 21:38:38 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/01/24/mammoth-energy-announces-submission-certified-claim-federal-emergency-management-agency/ |
’Tis the season to be suing. Which is to say, it’s time for dispatches from America’s annual Christmas Wars.
No, this isn’t theocracy on the march. The mayor was swift to assure news outlets that his town was the first in Arkansas to issue licenses for same-sex marriages, and among the first to bar discrimination on the basis of sexual orientation.
Sometimes we can all live together.
* * * * * * *
Or maybe we can’t. One lawyer who’d planned to take his children, ages seven and five, to the Christmas Spectacular at Radio City Music Hall was told his tickets were revoked. The problem? His law firm is suing Madison Square Garden, which owns Radio City Music Hall, on behalf of a man who was assaulted after a hockey game. MSG claims they can ban any plaintiffs’ lawyers from attending any of their venues.
Earlier this month, a judge issued an order allowing the lawyer and his family to attend the event. An unrepentant MSG huffed that it expects to win on appeal. Maybe. But law and public relations are two different things. This is the same company that five years ago banned from the Garden one Charles Oakley, a retired and beloved star of the New York Knicks basketball team, which MSG also owns. So nobody should be surprised that company is fighting for its right to play the Grinch.
* * * * * * *
Meanwhile, in federal court in Brooklyn the other day, a judge used a holiday theme while handing down sentence in a terrible crime. Shortly before Christmas of 2018, the defendant saw a man in red attire sitting in a car near her home. Alarmed, she called her boyfriend and told him that a member of the Bloods street gang was outside. The boyfriend shot the man in the back.
Only the victim wasn’t a gang member. He was an FBI agent, in the neighborhood on an unrelated matter. (He survived.) In rejecting a plea for leniency last week, Judge William F. Kuntz had this to say:
She witnessed her life partner shoot an innocent man in the back because that man had the temerity to wear a jolly red suit while admiring her outdoor holiday decorations two weeks before Christmas. She then repeatedly lied to the FBI about what she saw. She should not be shocked to find nothing beyond a lump of coal in her Christmas stocking. Santa Claus distinguishes actions between naughty and nice.
* * * * * * *
On a lighter note, there’s the Queen of Christmas saga. Last month, headlines trumpeted the Trademark Office’s rejection of Mariah Carey’s effort to obtain the exclusive right to use “Queen of Christmas” (and other related marks) for such varied products as fragrances, children’s stories, musical sound recordings, and — yes — “sanitary masks for protection against viral infection.”
Carey’s 1994 recording of “All I Want for Christmas is You” is a ubiquitous sign of the season. She was long ago dubbed Queen of Christmas by various media outlets. (She also once rejected the title.) But her effort to gain exclusivity over the term sparked objections, particularly by one Elizabeth Chan, who bills herself as “music’s only full-time Christmas singer-songwriter” and who’s also been called Queen of Christmas. (As has Darlene Love.)
But let’s be clear: Contrary to what I’ve seen in several headlines, the Trademark Trial and Appeals Board didn’t rule that Carey could not prove rights in the mark. The board denied the application because she never responded to Chan’s filing in opposition. Maybe she was too busy getting ready for her Christmas concert at — you guessed it! — Madison Square Garden.
I wonder if any lawyers attended her concert.
* * * * * * *
Finally, let’s drop in on Dedham, Massachusetts, where the public library will be displaying a Christmas tree after all. A decision had been made — I choose the passive voice because media reports leave unclear who made it — to end the three-decade tradition, evidently because the presence of the tree made some people uncomfortable.
Its absence made others uncomfortable.
The ensuing social-media battle descended into what town officials called “the harassment and bullying of town employees.” Behavior of that kind “is not a true reflection of our commitment to lead with kindness and civility.” So the Christmas tree — excuse me, the town calls it a “holiday tree” — will stand.
The official statement closes with on an optimistic note appropriate for the season: “We strive to make Dedham a welcoming community for all, where differences can be celebrated, not attacked.”
A sentiment we should all try to carry into the New Year.
More From Bloomberg Opinion:
• A Conservative Theory Too Extreme Even for This Supreme Court: Noah Feldman
• ‘ Reverse Discrimination’ Is a Concept With a Long, Ugly History: Stephen L. Carter
• Republicans Are Coming for ESG Investing: Ramesh Ponnuru
This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.
Stephen L. Carter is a Bloomberg Opinion columnist. A professor of law at Yale University, he is author, most recently, of “Invisible: The Story of the Black Woman Lawyer Who Took Down America’s Most Powerful Mobster.”
More stories like this are available on bloomberg.com/opinion
©2023 Bloomberg L.P. | https://www.washingtonpost.com/business/nothing-says-christmas-like-a-lawsuit/2023/01/05/198040e0-8d3c-11ed-b86a-2e3a77336b8e_story.html | 2023-01-05 22:18:21 | 1 | https://www.washingtonpost.com/business/nothing-says-christmas-like-a-lawsuit/2023/01/05/198040e0-8d3c-11ed-b86a-2e3a77336b8e_story.html |
GOTHENBURG, Sweden, Dec. 12, 2022 /PRNewswire/ -- For the seventh consecutive year, Castellum has received top marks in the S&P Corporate Sustainability Assessment (S&P CSA) and is the only Nordic property company to be included in the Dow Jones Sustainability Indices, the S&P 500 ESG and several other related sustainability indices.
S&P CSA is an extremely prestigious sustainability benchmark and is one of the world's most comprehensive databases covering the sustainability initiatives and performance of listed companies. Only twelve Swedish companies are included in this year's ranking, and once again Castellum is the only Nordic property company on the list of the world's most sustainable companies.
The purpose of the index is to steer investors toward more sustainable investments. This year, over 7,500 listed companies reported to the evaluation, and only the best in the respective industries qualified for the index. Other Swedish companies on the list include Swedbank, BillerudKorsnäs and Volvo Cars.
"It is extremely gratifying to have placed so high in international rankings, but our focus is on future-proofing our own operation and continuing to promote the necessary climate transition," says Rutger Arnhult, CEO Castellum AB.
For further information, please contact:
Filip Elland, Chief Sustainability Officer Castellum AB, + 46 31-60 74 26, filip.elland@castellum.se
Rutger Arnhult, CEO Castellum AB, tel. +46 70-458 24 70
About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 September 2022, the property value totalled approximately SEK 186 billion, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
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SOURCE Castellum | https://www.ktre.com/prnewswire/2022/12/12/castellum-is-ranked-one-worlds-most-sustainable-companies/ | 2022-12-12 08:51:43 | 0 | https://www.ktre.com/prnewswire/2022/12/12/castellum-is-ranked-one-worlds-most-sustainable-companies/ |
BALTIMORE COUNTY — Baltimore County fire crews were on the scene of a fully involved vehicle fire on the Key Bridge Thursday night.
There were reports of another vehicle accident approaching the Key Bridge from the Anne Arundel County side.
Both Inner and Outer loops were closed.
Officials say there were serious injuries on the scene.
The Outer loop is now open. | https://www.wmar2news.com/news/local-news/inner-and-outer-loops-of-key-bridge-briefly-shut-down-due-to-vehicle-fire | 2022-12-16 05:04:43 | 0 | https://www.wmar2news.com/news/local-news/inner-and-outer-loops-of-key-bridge-briefly-shut-down-due-to-vehicle-fire |
WASHINGTON (AP) — The IRS released details Thursday on how it plans to use an infusion of $80 billion for improved operations, pledging to invest in new technology, hire more customer service representatives and expand its ability to audit high-wealth taxpayers.
While some Republicans have suggested without evidence that the money from the Democrats’ landmark climate change and health care bill would help create a mob of armed auditors to harass middle-class taxpayers, new IRS Commissioner Daniel Werfel said it will not include spending for new agents with guns.
The agency’s newly released strategic operating plan lays out the specifics of how the IRS will allocate the $80 billion, through fiscal year 2031, that was approved in that legislation.
Some improvements have been long expected, such as bringing more paper-based systems online and answering taxpayers’ phone calls promptly. Others are more ambitious: continuing to explore ways to create a government-operated electronic free-file tax return system, for example.
No hiring boost is foreseen for the criminal investigation unit, which represents 3% of the agency’s workforce and employed roughly 2,077 special agents as of the 2022 budget year, according to the IRS’ annual report. Those are the agents who may be armed.
There are “no plans to increase” that division, Werfel said during a call with reporters. “That will stay at its current rate.”
Since President Joe Biden signed the measure, known as the “ the Inflation Reduction Act, ” in August, some Republicans have claimed the IRS would use the new money to hire an army of 87,000 tax agents with weapons.
That claim comes from a plan the Treasury Department proposed in 2021 to bring on that many IRS employees over the next decade if it got the money. At least 50,000 IRS employees are expected to retire over the next five years.
The strategic plan does not include final numbers on long-term hiring.
During the call with reporters, Treasury Deputy Secretary Wally Adeyemo said the plan “is heavily driven by the fact that we need to make technology investments that will improve productivity, which will mean that over time the number of employees and the mix of employees at the IRS will change.”
After Congress passed the legislation last summer, Treasury Secretary Janet Yellen directed the IRS to develop a plan outlining how the tax agency would overhaul its technology, customer service and hiring processes. Her memo sent instructions to IRS leadership not to increase audit rates on people making less than $400,000 a year annually.
Officials are promising not “to raise audit rates on small businesses and households making under $400,000 per year, relative to historic levels.” The report says more than half of the new money — $45.6 billion — will be devoted to pursuing high-wealth individuals and companies.
“Given the size and complex nature of these tax filings, this work often requires specialized approaches, and we will make these resources available,” the report said. “We will use data and analytics to improve our understanding of the tax filings of high-wealth individuals.”
Treasury and IRS officials have in recent months promoted the impact of the new spending on internal processes.
Robert Nassau, director of the Low Income Taxpayer Clinic at Syracuse University College of Law, said he has seen some noticeable differences.
“The phone line is amazingly improved, that part of the IRS is working amazingly better,” he said. “But I can see the processing time of written submissions is not back to pre-pandemic sufficiency.”
Additional money for the IRS has been politically controversial since 2013, when the agency during the Obama administration was found to have scrutinized political groups that applied for tax-exempt status. A report by the Treasury Department’s internal watchdog found that both conservative and liberal groups were chosen for close review.
Erin Collins, the national taxpayer advocate, wrote in a blog post that the while plan focuses disproportionately on enforcement, “for the first time in my 40 years as a tax professional, the tax administration stars seem to be aligning,” with the newly released plan.
Jean Ross, senior fellow at the Center for American Progress, said in an emailed statement that “the funding will more than pay for itself by ensuring that the IRS can hold the very wealthy and large corporations accountable.” | https://www.yourbasin.com/business/irs-pledges-better-customer-service-no-new-agents-with-guns/ | 2023-04-06 23:14:07 | 1 | https://www.yourbasin.com/business/irs-pledges-better-customer-service-no-new-agents-with-guns/ |
MYRTLE BEACH, S.C., Jan. 4, 2023 /PRNewswire/ -- South Atlantic Bancshares, Inc. (the "Company")(OTCQX: SABK), parent of South Atlantic Bank, is pleased to announce Travis A. Minter has been named chief operating officer for the Company.
Minter, an executive vice president, has 25 years of experience in the financial services industry. That includes 10 years at South Atlantic Bank, where he most recently served as chief banking officer.
"Travis's operational experience and leadership skills will be a key driver in building our product and service offerings to better serve our customers. He has grown and managed our retail banking and mortgage divisions and will now focus on our operational performance to help us gain efficiencies and support our growth," said Scott Plyler, South Atlantic Bank president.
Minter earned a bachelor's degree from Virginia Tech. He previously served as chairman of the South Carolina Bankers Association's Mortgage Banking Committee and as president of the Mortgage Bankers Association of the Carolinas.
About South Atlantic Bancshares, Inc.
South Atlantic Bancshares, Inc. (OTCQX: SABK) is a registered bank holding company based in Myrtle Beach, South Carolina with over $1.4 billion in total assets. The Company's banking subsidiary, South Atlantic Bank, is a full-service financial institution spanning the entire coastal area of South Carolina, and is locally owned, controlled and operated. The Bank operates twelve offices in Myrtle Beach, Carolina Forest, North Myrtle Beach, Murrells Inlet, Pawleys Island, Georgetown, Mount Pleasant, Charleston, Beaufort, Bluffton and Hilton Head Island, South Carolina. The Bank specializes in providing personalized community banking services to individuals, small businesses and corporations. Services include a full range of consumer and commercial banking products, including mortgage, and treasury management, including South Atlantic Bank's goMobile banking app. The Bank also offers online banking, no-fee ATM access, checking, CD and money market accounts, merchant services, mortgage loans, remote deposit capture, and more. For more information, visit www.SouthAtlantic.bank.
Contacts: K. Wayne Wicker, Chairman & CEO, 843-839-4410
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SOURCE South Atlantic Bank | https://www.wbtv.com/prnewswire/2023/01/04/south-atlantic-bancshares-inc-names-minter-chief-operating-officer/ | 2023-01-04 20:16:09 | 1 | https://www.wbtv.com/prnewswire/2023/01/04/south-atlantic-bancshares-inc-names-minter-chief-operating-officer/ |
SAINT-NAZAIRE, France (AP) — President Emmanuel Macron was set to unveil a plan on Thursday to boost renewable energy in France, including offshore wind farms and solar power, as the country is lagging behind most of its European neighbors.
The move comes amid a major energy crisis in Europe, aggravated by Russia's war in Ukraine, as Macron wants the country to gain more independence in terms of electricity production.
Macron went on a boat Thursday to visit France’s first offshore wind farm off the port of Saint-Nazaire in western France.
He was scheduled to detail in a speech later Thursday a range of measures meant to facilitate and accelerate renewable energy projects, according to the French presidency. A bill will be presented next week at a Cabinet meeting.
France’s energy strategy has long relied on developing nuclear power — based on imported uranium— which provides about 67% of French electricity, more than any other country.
Macron announced at the beginning of the year plans to build six new nuclear reactors and to extend the life of its existing nuclear plants as part of the country’s strategy to reduce the greenhouse gas emissions that cause global warming.
But relieving France’s dependence on global gas and oil producers also involves boosting renewable energy, he said.
France had previously set the goal to increase its share of energy from renewable sources to 23% by 2020 — but only managed to reach 19%. That leaves the country in 17th position in the European Union, below the average of 22% in the bloc of 27 countries, according to latest statistics.
Despite France's thousands of kilometers (miles) of coastline, only the Saint-Nazaire offshore wind farm, with its 80 turbines, has emerged so far.
Macron set the goal to build about 50 similar facilities by 2050 in France.
He also hopes to multiply by 10 the amount of solar energy produced, and to double power from land-based wind farms in the same period of time.
Macron's new strategy comes as a long-term response to the energy crisis, but it won't help in dealing with shorter-term challenges.
France and other European countries fear electricity shortages this winter as Russia has choked off the supplies of cheap natural gas that the continent depended on for years to run factories, generate electricity and heat homes.
At the moment, about half of France's 56 nuclear reactors, all operated by EDF, are shut down for usual maintenance and, in some cases, to repair corrosion problems. The government said earlier this month that EDF committed to restart all of them by this winter.
The government has warned that a worst-case scenario could lead to rolling power cuts in French homes, and officials have presented an “energy sobriety” plan targeting a 10% reduction in energy use by 2024.
___
Sylvie Corbet reported from Paris.
Credit: Stephane Mahe
Credit: Stephane Mahe | https://www.springfieldnewssun.com/nation-world/france-wants-to-boost-renewable-energy-now-lagging-behind/TNNIZYVR6ZHQTIBV5JKOOPPF6Y/ | 2022-09-22 11:21:00 | 1 | https://www.springfieldnewssun.com/nation-world/france-wants-to-boost-renewable-energy-now-lagging-behind/TNNIZYVR6ZHQTIBV5JKOOPPF6Y/ |
Kpler's offering is the only one built on proprietary data and taking a systematic approach.
BRUSSELS, Oct. 19, 2022 /PRNewswire/ -- Kpler, a fast-growing leader in technology-led data, analytics, and market insight, today launches a crude supply and demand (S&D) assessment tool to help market professionals and downstream consumers better navigate the turbulent and uncertain global crude markets.
Kpler Crude Supply and Demand (S&D) is based on three sets of proprietary data:
- Kpler Crude Flows - past and real-time data on crude and condensates global trade flows
- Kpler Crude Inventories - past and real-time data on crude storage facilities' capacity utilisation
- JBC Energy-inherited crude and refined products models, built on two decades' worth of constant enhancements led by market experts
The three proprietary data sets have been combined to result in a powerful crude supply and demand assessment tool, providing users with current assessments of crude supply and demand at global, regional and country levels. These assessments are updated three times a month and forecasts extend to 18 months ahead; included components such as inventories changes or crude flows allow customers to see precisely how and why balances are changing.
The product represents a new approach to delivering crude S&D balances for market professionals by utilising Kpler's best-in-class proprietary data and taking a systematic and integrated approach, compared to competitors that rely on disparate public information and are forced to model out certain elements that Kpler captures with its proprietary data.
Due to high market uncertainty and volatility - driven by the conflict in Ukraine and a looming economic recession - Kpler's new product aims at helping market professionals better understand the current supply and demand dynamics. It will also help users to better anticipate balances and price developments, to build more efficient trading strategies.
François Cazor, Kpler's CEO, commented: "Kpler's new Crude Supply and Demand product demonstrates again our ability to integrate Kpler organic data sets with ones stemming from acquired companies, to build smart products that facilitate sustainable and efficient trade. Our new offering not only brings users' great value in uncertain market times, it also stresses how our corporate and product roadmaps are aligned, as the acquisition of JBC Energy this year has proved instrumental in making this release possible."
About Kpler:
Kpler is a fast-growing company on a mission to facilitate sustainable and efficient trade to meet the changing needs of our world. From numerous disparate and unstructured sources, Kpler creates technology-led data, analytics, and insight, that bring transparency to dynamic markets characterised by opaque and incomplete information, such as commodity and power markets. Kpler delivers its unique offering through technology solutions built in an agile and inventive way, enabling market professionals to make informed and timely trading decisions. Headquartered in Brussels, Kpler employs over 250 people across the world. Visit: www.kpler.com
Media contacts
Kpler
Arthur Chevreul
achevreul@kpler.com
+32 493 37 42 34
Paul O'Grady
PR Consultant
kpler@goodadvice.agency
+49 176 82374030
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SOURCE Kpler | https://www.cleveland19.com/prnewswire/2022/10/19/kpler-releases-its-new-crude-supply-amp-demand-assessment-tool-help-professionals-navigate-uncertain-crude-markets/ | 2022-10-19 11:56:51 | 0 | https://www.cleveland19.com/prnewswire/2022/10/19/kpler-releases-its-new-crude-supply-amp-demand-assessment-tool-help-professionals-navigate-uncertain-crude-markets/ |
Wastewater data shows big coronavirus spike in San Diego
San Diego’s latest wastewater numbers show that the region is experiencing a massive increase in coronavirus transmission driven by BA.5, the subvariant now causing concern worldwide.
Updated Thursday by the SEARCH Coalition, a group of local research labs led by UC San Diego and Scripps Research, wastewater testing detected 15.5 million coronavirus copies per liter of wastewater sampled at the Point Loma treatment plant on Wednesday. It’s a score that is almost double the 8 million copies per liter detected in the same sampling location one week earlier.
The trend visible in wastewater is starkly different from the one depicted by the latest testing data released by the county health department Thursday. Comparing the same Wednesday-to-Wednesday period, positive test results reported to the health department fell 8.3%, from 2,191 to 2,007.
“We have every expectation that cases are eventually going to start rising the same way,” said Dr. Cameron Kaiser, deputy public health director for San Diego County.
At the moment, he added, everyone is advised to do all they can to help slow the spread. Even though there is not currently a statewide mask mandate, wearing a mouth covering, especially in situations where many people are gathering together, is strongly advised.
“We want everyone to step up; we want folks to get their shots and consider the events that they have to do and the events that they don’t,” Kaiser said. “We want the general public to get that good quality, well-fitting mask out and put it on.
“The preponderance of the evidence shows that masks work, and we need to break the cycle of transmission.”
Wastewater is currently thought to be a better indicator of the true amount of virus circulating in a community because many who take at-home tests don’t share their results with local health departments and because the virus is shed into a community’s sewers even by those who are infected but who have no symptoms that would cause them to get tested.
The first Omicron wave that began in December 2021 crested at 47.6 million coronavirus copies per liter of wastewater on Jan. 9.
Whether the current surge will equal or surpass such heights is anyone’s guess, though the situation on the ground is much different today There’s no indoor mask mandate in place (though some counties could soon impose them) and large community events are back on social calendars to a much greater extent than was the case this past winter.
Many are starting to again liken the coronavirus to the flu, suggesting that an overall drop in mortality from COVID-19 due to vaccination and better treatment options have removed the pandemic’s most severe threat. But Kaiser disputed that conclusion, noting that while mortality rates definitely are much lower than they were in 2020 and 2021, they are still greater than would be expected with the flu.
“BA.5 is certainly capable of killing,” Kaiser said. “We’ve had at least 33 San Diegans die of COVID in June which is when BA.5 started to become more dominant.” He pointed out that all 33 deaths were caused by COVID and that count did not include those patients who had tested positive for the coronavirus but died of other causes.
Dr. David “Davey” Smith, chief of infectious diseases at UC San Diego, said the current level of community activity suggests that viral transmission will continue to increase, a reality that should cause individuals to reassess their risk of infection and reinfection. It is clear that infection over the winter in the first Omicron wave is no guarantee of protection against BA.5.
“Even if you’ve been vaccinated, infected, boosted — all of those — [it] doesn’t mean you are immune to the current variant,” Smith said.
The true consequence of coronavirus reinfection is currently being studied, but Smith said there are indications that it could increase the chances of severe health consequences.
“You should try to dodge COVID as many times as you can, because it looks like getting repeated infections is probably not good for your health,” Smith said.
Does that mean canceling planned events as July bleeds into August? The translational research virologist said that he prefers a “harm reduction” strategy that emphasizes outdoor events, masking indoors and in heavy crowds and plenty of social distance where possible.
“I’m not a cancel person, I’m a ‘Let’s take some precautions’ person,” Smith said.
Precautions, he added, should be at their most pointed when interacting with people who are vulnerable. Those with underlying health problems such as diabetes, those with compromised immune systems, and those who are older all are at increased risk of ending up in a hospital bed if they do get sick.
“If you’re getting ready to go visit Grandma who has a lot of issues, and you’re coming from a big event, it may not be the best time to have that exposure,” Smith said. “Test before you go visit Grandma.
“You might be feeling well, but you could be asymptomatic. That’s the danger because, if you have it, you’re going to give it to Grandma when you go visit, even if you don’t feel it.”
Confirmed and suspected COVID-related hospital admissions have continued to climb at nonmilitary hospitals in San Diego County, reaching 479 Wednesday, 69 more than one week ago.
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Pride parades march on with new urgency
NEW YORK (AP) — Parades celebrating LGBTQ pride kick off in some of America’s biggest cities Sunday amid new fears about the potential erosion of freedoms won through decades of activism.
The annual marches in New York, San Francisco, Chicago and elsewhere take place just two days after one conservative justice on the Supreme Court signaled, in a ruling on abortion, that the court should reconsider the right to same-sex marriage recognized in 2015.
That warning shot came after a year of legislative defeats for the LGBTQ community, including the passage of laws in some states limiting the discussion of sexual orientation or gender identity with children.
As anti-gay sentiments resurface, some are pushing for pride parades to return to their roots — less as blocks-long street parties but overtly civil rights marches.
“It has gone from being a statement of advocacy and protest to being much more of a celebration of gay life,” Sean Clarkin, 67, said of New York City’s annual parade while enjoying a drink recently at Julius’s, one of the oldest gay bars in Manhattan’s Greenwich Village.
As he remembers things, the parade was once about defiance and pushing against an oppressive mainstream that saw gays, lesbians and transgender people as unworthy outsiders.
“As satisfying and empowering as it may be to now be accepted by the mainstream,” Clarkin said, “there was also something energizing and wonderful about being on the outside looking in.”
Dan Dimant, a spokesman for Heritage of Pride, the nonprofit that organizes New York City’s parade, said this year’s march will still be festive, with floats and “people dancing and celebrating.”
“Pride is many things to many people. And for many people, it’s a protest. And to many people, it’s a celebration. We create experiences for members of our community to experience pride and the way that resonates with them,” Dimant said.
New York’s first Pride March, then called the Christopher Street Liberation Day March, was held in 1970 to mark the first anniversary of the Stonewall rebellion, a spontaneous street uprising triggered by a police raid on a gay bar in Manhattan.
San Francisco’s first march was in 1972 and had been held every year since, except during the last two years of the COVID-19 pandemic.
Celebrations are now global, taking place throughout the year in multiple countries, with many of the biggest parades taking place in June. One of the world’s largest, in Sao Paulo, Brazil, was held June 19.
In the United States, this year’s celebrations take place amid a potential crisis.
In a Supreme Court ruling Friday striking down the right to abortion, Justice Clarence Thomas said in a concurring opinion that the court should also reconsider its 2015 decision legalizing same-sex marriage and a 2003 decision striking down laws criminalizing gay sex.
More than a dozen states have recently enacted laws that go against the interests of LGBTQ+ communities, including a law barring any mention of sexual orientation in school curricula in Florida and threats of prosecution for parents who allow their children to get gender-affirming care in Texas.
Several states have put laws in place prohibiting transgender athletes from participating in team sports that coincide with the gender in which they identify.
According to an Anti-Defamation League survey released earlier this week, members of LGBTQ communities were more likely than any other group to experience harassment. Two-thirds of respondents said they have been harassed, a little more than half of whom said the harassment was a result of their sexual orientation.
In recent years, schisms over how to commemorate Stonewall have opened, spawning splinter groups, including in New York City, holding their own events intended to be more protest-oriented.
In New York City, the Queer Liberation March takes place at the same time as the traditional parade, billing itself as the “antidote to the corporate-infused, police-entangled, politician-heavy Parades that now dominate Pride celebrations.”
More of that spirit could rub off on the major parades this year, though many fans of the marches see them as a combination of activism and celebration.
New Yorker Vincent Maniscalco, 40, who has been married to his husband for five years, said he thought the marches are an opportunity to both spotlight civil rights issues and bring “individuals together of all walks of life to celebrate their authentic self. And I think the New York City Pride Parade does a very excellent job of that.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wbtv.com/2022/06/26/pride-parades-march-with-new-urgency/ | 2022-06-26 12:56:36 | 1 | https://www.wbtv.com/2022/06/26/pride-parades-march-with-new-urgency/ |
ATLANTA, June 6, 2022 /PRNewswire/ -- ECI Group and joint venture partner Phoenix Capital announce the start of construction of the $101 million luxury apartment and townhome development, Averly East Village, in Roswell, GA. The apartment development is designed by Rule Joy Trammell Rubio Architects with Truist providing construction financing. Averly East Village is expected to be completed in late 2024.
"The development of Averly East Village comes at a particularly opportune time, with North Atlanta experiencing explosive growth in jobs and residents. We are excited to play our part in helping to address the shortage of new housing by building luxury residential units on what was a mostly vacant strip center in the middle of the affluent Roswell area," said Jimmy Baugnon, Chief Investment Officer at ECI Group.
"Phoenix Capital is delighted to continue its long history of successful multifamily investments in the Atlanta MSA, said Phoenix Capital Partner and Senior Managing Director, Andrew Scott. "Opportunities in Roswell are rare, making this project an especially exciting addition to our Fund X portfolio."
"The redevelopment plan for the East Village Shopping Center was heavily influenced by input from neighbors and other local stakeholders," said Joe Miller, Development Manager at ECI Group. "The inclusion of live-work units in the multifamily development will help to integrate the residential component with the adjacent retail uses, and the community green and amenity pavilion to be constructed will be available for public use, making the project a focal point for the East Roswell community. We appreciate the cooperation and assistance of The Ardent Companies, which owns the retail component of the center, and of the residents of The Towns at East Village in making this redevelopment possible."
The first stages of the project include demolition of the existing vacant commercial buildings, which has already commenced, and construction of the project infrastructure.
Averly East Village will include 335 one-, two-, and three-bedroom apartments as part of the larger East Village mixed use development that will ultimately include 74 townhomes, 75,000 SF of retail, and a large public central green with pavilion. The project will present resort quality landscaping, architecture, and interior finishes.
Averly East Village features:
- Expansive pool with sun shelf
- Pool deck with cabanas, two outdoor kitchens, and resort style landscaping
- Clubroom with gourmet chef's kitchen
- Synthetic turf dog park
- Dog spa
- Two-story state-of-the-art fitness center
- Outdoor gym
- Cafe style coffee lounge with individual work from home spaces
- Secure bicycle storage
- Central green with pavilion
- Walkable to 75,000 SF of retail
Individual apartments include:
- Quartz countertops with under-mount sinks
- Stainless steel appliances including French door fridge with bottom freezer
- Designer cabinets and light fixtures
- Tiled kitchen backsplash
- Vinyl plank hardwood-style flooring in kitchens, living rooms, and baths
- Private porch or balcony in each unit
- Large walk-in closets
- Full-size washer and dryer in each unit
- Island kitchens
- Ceiling fans in all bedrooms and living rooms
- Floor heights vary from 9'-6" to 10'-0"
For more than 50 years, ECI Group has been one of the most highly regarded, privately owned real estate organizations in the United States. The firm is fully integrated, with development, construction, investment, and property management groups that have garnered national recognition for innovation and performance in the multifamily industry. With a portfolio of more than 7,500 units located throughout the Southeast, ECI is strategically positioned to continue to be a leader in the multifamily industry. For more information, visit www.ecigroups.com.
Phoenix Capital Management is a private equity fund manager with a focus on U.S. real estate assets, specifically multifamily. Over the course of the firm's 26-year history, Phoenix has invested $1.7 billion of capital in more than 250 joint-ventures with sponsors across the U.S. Phoenix's large, diverse investor base allows the firm to be a consistent partner to its roster of developers and operators. For more information, visit www.pcpre.com.
Media Contact:
Karen Widmayer
KW Communications, LLC
karenwidmayerpr@gmail.com
301.661.1448
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SOURCE ECI Group | https://www.kbtx.com/prnewswire/2022/06/06/eci-group-announces-construction-start-101-million-averly-east-village-roswell-ga/ | 2022-06-06 23:51:06 | 0 | https://www.kbtx.com/prnewswire/2022/06/06/eci-group-announces-construction-start-101-million-averly-east-village-roswell-ga/ |
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.qcnews.com/automotive/internet-brands/genesis-reportedly-plans-flagship-ev/ | 2023-01-31 13:39:55 | 1 | https://www.qcnews.com/automotive/internet-brands/genesis-reportedly-plans-flagship-ev/ |
WASHINGTON (AP) — Brian Flowers wins Republican nomination for U.S. House in Mississippi's 2nd Congressional District.
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BOSTON, Aug. 15, 2022 /PRNewswire/ --
What is ShapeMiner?
Shapeminer is a major exchange platform that allows users to purchase and sell a broad variety of assets. ShapeMiner's platform accepts a wide range of well-known cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), as well as stablecoins like Tether (USDT). Shapeminer now allows users to swap multiple cryptocurrencies using USDT.
Shapeminer is dedicated to providing our clients with the greatest cryptocurrency trading experience possible. That is why we are so happy to launch the Shapeminer Exchange platform. Users may stake cryptocurrencies fast and simply using Shapeminer, which includes a variety of features meant to make the process as seamless and user-friendly as possible.
Cryptocurrencies have the ability to completely transform how we interact with the digital world. Shapeminer makes it easy for individuals to benefit from this fascinating, cutting-edge technology by providing a simple and quick option to purchase and sell cryptocurrencies. We aim to provide a complete service that satisfies the demands of as many customers as possible, with 11 carefully selected digital currencies now accessible.
What to know before joining a mining pool in ShapeMining
ShapeMining's mining pool is a server that pools the computing power of all gamers connected to it. The miner connects to the pool through the internet and allocates it hardware. They work together to solve mathematical problems and find ethereum blocks. When a block is found, the pool seeks and receives consensus from other network members. This reward will be distributed to all pool members in accordance to the quantity of the given hash rate.
It is crucial to establish the size of a pool before purchasing it. As the pool size expands, the chances of finding a block increase. The more people that join the pool, however, the less benefit each person obtains. This is a double-edged sword. Payments that are little but frequent, or payments that are large but rare.
Before entering the pool, users must choose a minimum payment amount. The amount of Ethereum that must be mined before it can be sent to a user's wallet. If the minimum payment is set too high, the user will have to wait a long period before getting any cash. Another thing to remember is that joining any pool is not free. To participate, users must give a share of their earnings. These commissions are typically between 1% and 3%. Membership in any pool, in general, does not need much money or knowledge, and if the user has already built a rig, choosing which pool to join will be simple. Regardless of the cryptocurrency being mined, the following aspects must be considered when choosing a pool
- The quantity of participants in the pool influences individual income.
- The minimum payout should not be too large; otherwise, the payment may be delayed for a long time.
- Many pools are either fraudulent or take a bigger share of the money. Users must first learn about the reputation of the pool.
- Ping time, also known as time delay, is caused by the user's computer's need to send data to the pool. The ping time is proportional to the geographical distance; the lower the ping, the shorter the time delay and faster the data transmission. Because cryptocurrency networks have block update delays, a high ping may compel the user's machine to go over the contents of the old block and mine in vain. Ping times as little as 10 milliseconds are considered acceptable.
It's time to join a mining pool after you've built a rig. Naturally, the vast majority of pools are utilized for Ethereum or Ether mining. The following pools are among the most popular for mining the top two cryptocurrencies. Almost all of the largest Ethereum pools are based in China, which is not surprising considering that the country manufactures the majority of Ethereum mining equipment.
Official Website: http://shapeminer.com/
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SOURCE ShapeMiner | https://www.kxii.com/prnewswire/2022/08/15/shapeminer-announces-successful-launch-mining-pool-with-100000-prize-pool/ | 2022-08-15 13:50:44 | 0 | https://www.kxii.com/prnewswire/2022/08/15/shapeminer-announces-successful-launch-mining-pool-with-100000-prize-pool/ |
They say imitation is the sincerest form of flattery. But sometimes it results in litigation instead.
A new convenience store in Mexico that’s gone viral on social media for looking extremely similar to Texas’ beloved Buc-ee’s may find itself at the center of legal action.
Ramon Montelongo posted a photo on Facebook of a white building with red lettering above the front door saying “super mercado.” On either side of the door in the same red paint is “BUK-II’S” above a gopher with buckteeth wearing a red hat in front of a yellow circle background.
If you squint your eyes and tilt your head, it can be hard to tell the competing Buc-ee’s and “BUK-II’S” mascots apart.
Montelongo told MySA that the market is scheduled to be open for business within the next few days in Matamoros, Tamaulipas, a few minutes south of the Los Indios Free Trade Bridge that’s over the Rio Grande connecting the city to Texas.
He said the store will probably sell groceries like fruits, vegetables, possibly national and international beers. It wasn’t immediately clear what Montelongo’s affiliation with the store is.
Although social media got a kick off the Buc-ee’s dupe — commenting things like “When mom says we have Buc-ee’s at home,” “Why get brisket when you can get bistec,” and “Parking looks a tad scarce....” — one of the company’s lawyers had a different response.
Buc-ee’s general counsel Jeff Nadalo said in an emailed statement to The Dallas Morning News on Wednesday that their brand represents clean restrooms, freshly prepared good and great service.
“Buc-ee’s has invested heavily in innovation across the company to create and maintain these award-winning guest experiences,” he said. “Accordingly, Buc-ee’s will not stand as an idle spectator while others use without permission the intellectual property that Buc-ee’s has cultivated for decades.”
Buc-ee’s has 58 locations listed on its website across Texas, Alabama, Florida, Georgia, Kentucky, South Carolina and Tennessee.
The future of the Mexican off-brand Buc-ee’s remains unclear. But this is far from the company’s first run in with imposters.
In 2019, Buc-ee’s was alerted about a knockoff Buc-ee’s off a highway north of Amman, Jordan. A company spokesperson said Wednesday that the business in Jordan was successfully shut down for imitating the company’s logo.
Buc-ee’s founder Arch “Beaver” Aplin III created the beaver mascot based on his childhood nickname.
Buc-ee’s is known to be careful with its branding.
In December, a prank sign that promoted a Buc-ee’s coming to Highland Park puzzled passers-by, but Nadalo dispelled the rumors.
In June, an art installation called the “World’s Tiniest Buc-ee’s” appeared on the roadside along Highway 90 in Texas between Sanderson and Marathon. Nadalo leaned into the humor and said Buc-ee’s would send a cleaning crew to assure its bathrooms met company standards.
This also isn’t the first time a business in Mexico has created its own version of a major Texas brand.
Someone opened a Guataburger in Matamoros, according to a TikTok posted in 2022 by luisvazquez3317. The hamburger restaurant mimics Whataburger’s orange-and-white color scheme with alternating stripes.
©2023 The Dallas Morning News. Visit dallasnews.com. Distributed by Tribune Content Agency, LLC. | https://www.al.com/news/2023/07/mexican-buc-ees-knockoff-buk-iis-super-mercado-may-face-court-battle.html | 2023-07-27 16:20:12 | 0 | https://www.al.com/news/2023/07/mexican-buc-ees-knockoff-buk-iis-super-mercado-may-face-court-battle.html |
A wave of infections since mid-March has meant a steady increase in COVID-19 hospitalizations. But during this surge, fewer people seem to be talking about it.
And that has hospital officials showing some frustration as they fear Washingtonians might not fully understand the burden on public health.
Yes, most people are not getting as sick as they were during past peaks, Cassie Sauer, president of the Washington State Hospital Association, said in a Monday news briefing. And doctors and scientists have a better understanding of the disease now, as well as better access to antiviral drugs. Vaccination rates are also higher and new variants have, so far, been less severe.
That doesn’t mean people aren’t dying from COVID or suffering from long-term symptoms, hospital leaders said.
“It’s all the same stuff we’ve been doing all along. … And yet the community’s not feeling that at this point,” said Dr. David Carlson, chief physician officer at Tacoma-based MultiCare. “I don’t have a magic understanding of why that is other than there is just this enormous amount of fatigue, and COVID is not continually the story on the news today.”
Dr. Chris Baliga, infectious disease specialist at Virginia Mason Franciscan Health, added that people should not be surprised when they test positive for the virus now.
“[Washingtonians] are just not as aware of it as perhaps they could be,” he said.
Fortunately, Sauer said, current infection and hospitalization levels are still lower than they were during the state’s last omicron surge. At the end of last week, health care systems counted about 600 COVID patients in hospitals across the state — an increase of about 10% from the previous week, though nowhere near the peak of 1,700 COVID hospitalizations in a given week in early February, she said.
The state is seeing less than one death a day, but several per week. About 20 to 25 COVID patients are on ventilators per day, compared to 100-plus in January.
At the end of last month, however, the state Department of Health recorded about 265 infections per 100,000 people, up from about 40 per 100,000 in mid-March and likely an undercount.
Last week, King County public health officer Dr. Jeff Duchin said on Twitter, “It’s likely we’ll continue to experience intermittent surges (with) increases in cases & lesser increases in hospitalizations & deaths for many months.”
Hospitalizations could be slowing in some parts of the state, including in Clark, King and Snohomish counties, said Dr. Steve Mitchell, medical director of Harborview Medical Center’s emergency department. He added, though, that those rates are still rising in Pierce, Skagit, Spokane and Benton counties.
Mitchell also leads the Washington Medical Coordination Center, a system established when the pandemic began that serves as a clearinghouse for placing patients around the state when their nearest hospital can’t take them. In recent months, requests to the WMCC had been going down, but have doubled in the past few weeks, Mitchell said.
“This doubling of requests to our team represents that stress, which is rising in our health care system,” he said.
Although DOH reports average hospital capacity is about 91% full, several individual health care systems are overfilled — including MultiCare, which is operating at 120% capacity at all its Puget Sound area locations, according to Carlson.
While only a fraction of patients are admitted for COVID — most are in for delayed care and might test positive at the hospital — high community infection levels mean hospital staffers are regularly calling out sick, exacerbating worker shortages, he said.
Rising infection and hospitalization rates prompted Washington’s public health officials, including state Secretary of Health Dr. Umair Shah, to renew a push for indoor masking two weeks ago, but they stopped short of announcing new statewide mandates. On Monday, hospital leaders urged people to continue masking inside, staying socially distant and getting vaccinated.
Masks have become a “political problem as opposed to a public health problem,” Carlson said. “I think our public health officials need to think through what the most appropriate behaviors are, the things to do, as a mandate as opposed to a suggestion.” | https://www.seattletimes.com/seattle-news/health/amid-a-covid-surge-wa-hospital-leaders-wonder-why-fewer-people-seem-to-care/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2022-06-07 00:59:18 | 1 | https://www.seattletimes.com/seattle-news/health/amid-a-covid-surge-wa-hospital-leaders-wonder-why-fewer-people-seem-to-care/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
GARRETT — Whenever the West Noble boys basketball team needed a basket in Saturday’s Northeast Corner Conference Tournament championship game, Austin Cripe was there to answer the bell.
In fact, the senior pretty much rang it all night long.
Cripe exploded for a game-high 33 points as the Chargers ended Central Noble’s three-year reign as conference tourney champs with a 62-58 victory over the Cougars.
Cripe went 11-for-16 from the floor and 8-for-10 from the foul line. He also grabbed a game-high nine rebounds as taller, more physical West Noble ourebounded the Cougars, 31-19.
The Chargers got 11 points and seven rebounds from junior Bradyn Barth. Senior Nevin Phares chipped in with seven points and five rebounds.
Central Noble was led by senior Conner Lemmon’s 18 points. Junior Drew Pliett added 12, junior Isaiah Gard scored 10 and sophomore Redick Zolman added eight.
The conference tournament crown moving from Albion to Ligonier was sweet indeed.
“It’s special,” West Noble coach Ethan Marsh said. “It’s great for our community.
“Our guys just battled all night. I’m proud of them.”
West Noble’s patch to the title was difficult. The Chargers opened tournament play with a victory over 8-4 Westview. In the semifinals, West Noble defeated 10-2 Prairie Heights. Central Noble entered the final 8-3.
“I’m proud of the guys,” Marsh said. “We went through the gauntlet.”
Early in the third, it looked like the game was going to be a runaway as West Noble built a 37-22 lead with 5:07 remaining in the period.
Central Noble rallied, however, to draw within 46-39 at the end of the third quarter.
West Noble built its lead back to 55-43 with 5:35 left in the fourth, but the Cougars made one last push that gave it a chance at the end.
Sam Essigian scored to make it 55-45, then Lemmon followed with a three-pointer and the Cougars were within 55-48 with 3:14 to play.
Cripe had a rare miss on West Noble’s next possession, and Lemmon was fouled. He made both free throws and it was 55-50.
Following a West Noble turnover, Central Noble got one of two free throws from Zolman to draw within 55-51 with 2:22 remaining.
Each team had an empty possession, then Cripe beat the Central Noble press on the next possession and raced in for a layup at the 1:16 mark.
Lemmon followed with another three-pointer to make it 57-54 with 57.2 seconds to play.
Cripe was fouled as West Noble inbounded the ball, and the senior sank both free throws to make it 59-54.
A Zolman field goal try was off the mark and Phares grabbed the defensive rebound. His first bonus attempt was off the mark, however, and Pliett scored to make it 59-56 with 33 seconds to go.
Phares was fouled again and he made one of two to extend the lead back to 60-56.
Zolman scored at the 18-second mark to make it 60-58.
West Noble failed to get the ball to half court on its next possession, turning it over to the Cougars. Central Noble had the ball under its own basket with a chance to tie or take the lead.
The Cougars inbounded the ball to Pliett, whose off balance attempt from eight feet fell well short. West Noble senior Derek Slone grabbed the rebound. Slone was quickly fouled and he made both foul shots to set the final score.
“I’m proud of the way we fought,” Central Noble coach John Bodey said. “It gave us a chance at the end.”
West Noble led 15-13 at the end of the first quarter, and extended that lead to 31-18 at the half as Central Noble was outscored 16-5 in the second period.
“We dribbled way too much,” Bodey said of his team’s second-quarter offensive woes. “We didn’t screen.”
Central Noble righted its offensive approach in the third quarter. After West Noble had its 37-22 lead with 5:07 showing on the third-quarter clock, the Cougars went on a 10-0 run over 1:52 span, getting three points from Gard, three from Zolman and two apiece from Pliet and Lemmon.
Zolman’s three-pointer with 3:15 left in the third drew the Cougars within 37-32.
Cripe ended a two minute scoring drought on West Noble’s next possession to make it 39-32.
Gard answered for Central Noble at the 2:40 mark, but Cripe scored again, notching an old fashioned three-point play to make it 42-34 with 1:36 left in the period.
“He’s special,” Marsh said. “No moment is too big for him.”
Bodey said, “He took over. He took over in the first half.”
Cripe had 12 points in the first quarter, nine in the second, five in the third and five in the fourth. | https://www.kpcnews.com/newssun/article_180a2527-7201-5bda-a803-78288110a40a.html | 2023-01-17 09:51:17 | 0 | https://www.kpcnews.com/newssun/article_180a2527-7201-5bda-a803-78288110a40a.html |
RICHMOND, Va. (WRIC) — The results of a new housing study are clear, and they paint a grim picture not only for aspiring homeowners. Richmond, Henrico and Chesterfield are increasingly split between wealthy enclaves and private investors, with little room left for working-class homeowners.
The 2022 Market Value Analysis study, led by PlanRVA, the Richmond Memorial Health Foundation and the Philadelphia-based Reinvestment Fund, gives insight into housing across most of the Richmond area, highlighting areas of concern, including increased risk of displacement for low-income residents and the transfer of many homes out of the hands of residents.
“We know that access to and availability of affordable housing is a growing need in our region,” said Martha Heeter, executive director of PlanRVA. “The MVA gives us an opportunity to build a shared understanding of our region’s housing market so the focus can be on working together to create equitable and sustainable solutions.”
One graphic illuminates the central fact of housing in Richmond: in most of the city, it’s simply unaffordable. And the crisis is much worse for the city’s Black and Hispanic residents.
At the average household income level, just a few pockets of housing remain within reach. And for Black and Hispanic residents, who have similar income levels, lower than the regional average, the opportunities are even narrower.
“These are just typical income people!” said Ira Goldstein, head of policy at the Redevelopment Fund. “Your region becomes very, very constrained.”
Tale of Two Richmonds
A glance at the MVA’s map makes clear the stark geographic and economic divides in the Richmond region. The wealthiest resident’s all cluster at the Western end of Richmond, Henrico and Chesterfield, while the region’s poorest residents are concentrated at the East end and along the I-95 corridor.
“You can think about those A and B markets really as the strongest — economically strongest — most opportune places within the region,” said Goldstein. “You can think of those Gs, Hs and Is as places that manifest varying levels of economic distress.”
Above: The Market Value Analysis goes into granular detail, dividing the region’s neighborhoods by characteristics such as average home price and proportion of renters. Below: This chart from PlanRVA details the characteristics of each color grouping. Generally, the purple end of the spectrum encompasses well-off areas, while the orange end denotes economically-distressed areas.
In focusing on Richmond City proper, the wealthiest areas — areas that see fewer foreclosures, fewer people receiving rental assistance and much higher rates of homeownership — are concentrated in predominantly white areas of the city, including the West End, the Museum District, and the Fan.
There are no public housing projects in these areas, and very few renters there use subsidies like Section 8 vouchers to pay their rent.
The most distressed areas, meanwhile, are concentrated in Richmond’s Southside and East End neighborhoods — areas wracked by decades of racist policy decisions, including “redlining” maps that made it difficult for some residents to receive the generous financial support granted to white residents after the Second World War.
Displacement
One of the primary concerns raised by the study was a rising affordability crisis, measured through something called the “Displacement Risk Ratio.”
It’s based on the ratio between the average home price and the average household income. In other words, a high or rising DRR means homes are becoming less affordable.
But the affordability crisis didn’t touch all neighborhoods equally. The biggest increases from 2014 to 2021 were concentrated in those same distressed neighborhoods highlighted by the MVA study’s economic analysis.
One factor that may contribute to the rising crisis in distressed neighborhoods is the increasing number of investors snapping up cheap properties in the areas.
Goldstein cautioned that investor purchases weren’t always a bad thing, but the impact depends on what’s done with the properties afterward.
“Is the renovation actually being done properly?” he said. “And then the second question is, are these properties then being made available at a price point that’s commensurate with the existing residents as opposed to new people with higher means?”
The concern is most acute in areas where owner-to-investor sales are significantly higher than investor-to-owner sales. Such an imbalance, as seen in the I market group, suggests that instead of renovating a home and selling it back to a new resident, the investors are converting it into rental housing – a trend that undermines the ability of residents to build wealth.
“You’re seeing larger concentrations of families of color,” Goldstein said. “And those are places you’re seeing that loss of ownership at much higher rates.”
Calling to Action
Michael Smith, a representative of the Richmond Memorial Health Foundation, said the RMHF was using the data gathered in the study to improve its outreach to communities in need.
“It’s a tool for us to better understand how we weave together the intersection of health and housing, and really get a sense of where the impacts are happening most acutely in our region,” Smith said.
That can be a very large impact indeed. A recent VCU study found that negligent corporate landlords — concentrated in many of the same neighborhoods marked as distressed in the MVA — are linked to community violence.
But Goldstein said there were some positive lessons to take from the MVA as well, especially in the C, D, E and F markets.
“Those middle market areas — as segregated as the Richmond area is racially and ethnically — those middle market places really are the integrated parts of the Richmond market,” he said. “And those are the neighborhoods that stand as a living breathing example that multiple racial groupings of people can live together in communities.”
As for what Henrico, Chesterfield and Richmond can do, Smith and Goldstein said they couldn’t make specific policy recommendations, because that would be up to the local communities and leaders. But Goldstein did point to some proposals that have shown promise in other areas.
“Proactive code enforcement is a nice local thing to make sure that when these properties are flipping — whether or not people are buying them or are renting in them — they’re getting a safe, sound, properly redone, properly modernized, updated, upgraded property,” he said. “That’s sort of a no-brainer.” | https://www.wric.com/news/local-news/the-average-family-cannot-afford-a-home-in-most-of-the-richmond-region/ | 2022-10-02 11:53:47 | 0 | https://www.wric.com/news/local-news/the-average-family-cannot-afford-a-home-in-most-of-the-richmond-region/ |
PAMPLONA, Spain (AP) — The first bull run in three years took place Thursday at the San Fermín festival in the Spanish city of Pamplona. No one was gored, but several runners took knocks and hard falls as tens of thousands people reveled in the return of one of Europe’s most famous traditional events.
Six bulls guided by six tame oxen charged through Pamplona’s streets for around two minutes and 35 seconds without provoking too much carnage among the thousands of observers and participants cramming the course.
Several runners were stomped, trampled or shoved to the cobblestone pavement. A animal’s horn smacked at least two men in the head, but neither suffered a skewering.
The Pamplona hospital said six people were brought in for treatment. They included a 30-year-old American man who fractured his left arm and a 16-year-old Spanish girl who lost part of a finger in the bullring, where a pile-up of runners occurred at the entrance. Four Spanish men between the ages of 19 and 45 also were injured.
Ryan Ward, an American tourist from San Diego, California, said the risk of running with the bulls was well worth the rush.
“I feel like I need to cry. It’s just so many emotions built up in me, running with ‘mis amigos’ (my friends). I don’t know where they are, I lost everyone,” he said after finishing the bull run unscathed.
“It felt like two seconds, it was probably like a minute when I actually had the bulls running by me, but it felt so quick, like a blink and it was gone,” Ward continued. “It’s amazing, incredible, one of the best experiences I’ve ever had.”
Thursday’s early morning bull run was the first of eight scheduled. The rest of day usually includes massive drinking, eating and attending cultural events.
Eight people were gored during the 2019 festival, the last held before the coronavirus pandemic. Sixteen people have died in bull runs since 1910, most recently in 2009.
The bulls that run each morning are killed in the afternoon by professional bullfighters. Animal rights activists have campaigned against the slaughter of the animals, but bullfights are still popular among segments of Spanish society and an integral part of the San Fermín festival.
The incredibly popular Pamplona festivities were canceled in 2020 and 2021 due to the pandemic.
Spain’s strong vaccination program has allowed life to return to more or less normal, but a recent uptick in cases led Pamplona authorities to recommend using face masks when necessary. That said, masks were a very rare sight among the throngs of people packing the city’s square for the official kickoff of the party on Wednesday or during the first bull run.
Thousands of men, and some women, participate in the “encierros,” or bull runs, trying to avoid the massive bulls and oxen that thunder along the narrow, twisting cobblestone streets of Pamplona’s old quarter.
The course of 875 meters (956 yards) is sprayed with a substance to help prevent the bulls from slipping on the tight corners. The run usually is over within three heart-stopping minutes.
Expert bull runners, mostly locals, try to sprint at full steam just in the front of the bull horns before peeling off at the last second. The inexperienced, a group that includes most foreigners, do well enough to scramble out of the way, often ending up in piles of fellow runners.
Almost everyone in Pamplona this week wears the traditional white shirt and pants with red sash and neckerchief for the festival.
___
Joseph Wilson reported from Barcelona.
___
This version has been corrected to show a girl, not a boy, lost part of a finger in the bullring. | https://www.binghamtonhomepage.com/news/international/1st-bull-run-in-pamplona-in-3-years-takes-place-no-gorings/ | 2022-07-07 23:12:52 | 1 | https://www.binghamtonhomepage.com/news/international/1st-bull-run-in-pamplona-in-3-years-takes-place-no-gorings/ |
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Midland Christian Superintendent Jared Lee has resigned his position at the school.
The announcement from the school went to family members on Monday and effectively ends 40 years of leadership by either Jared or his father Eddie Lee.
“Jared has been a part of Midland Christian School for as long as we can remember,” according to the statement from Jason Stockstill, president of the school’s board of trustees. “He started as a student here and came back to serve as a teacher, academic dean and finally as superintendent. Together with his father, the Lees have been at the helm of MCS for almost 40 years, guiding the school through many ups and downs, and making us better at each step along the way.”
Lee was one of five school officials that Midland police arrested in February for failure to report with intent to conceal neglect or abuse. Last week, a grand jury in Midland decided not to indict the five. After the decision, Midland Christian School leaders stated the five would “remain on paid administrative leave through the end of the 2021-2022 school year.”
The last day of school at Midland Christian was Thursday. Graduation ceremonies took place Friday.
“This latest storm has tested the entire Midland Christian family, and we are not surprised Jared has chosen a path he believes to be best for MCS and for his family moving forward,” the statement said. “Despite all that has transpired, he leaves us with record enrollment, solid financial footing, and a track record of success in academics, fine arts, and athletics. We continue to stand behind Jared, acknowledging that his leadership will be welcomed in a new environment and hope that he will be given every chance from others to utilize the talents God has blessed him with. He will be missed, and our prayers are with Jared and his family as they begin a new chapter in their lives.”
Lee is the second of the five to resign a position, joining Greg McClendon, the former head football coach and athletic director.
In its statement, Midland Christian announced it would appoint a search committee to begin the process of finding and hiring a new superintendent. In the letter, trustees stated “change is hard, but change also brings new opportunities – for growth, for even greater achievement, and for faithfulness to the mission of Midland Christian School.”
“Please join me in praying for the Lees as they begin this new chapter, and for every member of the MCS family as together we work to lead, build, and equip young men and women for Christian service in this community and beyond,” Stockstill wrote.
--
The following was sent out Monday from the Midland Christian board of trustees about the resignation of its superintendent Jared Lee.
With genuine sadness, the Board of Trustees at Midland Christian School has received and accepted Jared Lee’s letter of resignation as Superintendent of Midland Christian, effective immediately. You can read his letter to the MCS family below and/or attached to this message.
Jared has been a part of Midland Christian School for as long as we can remember. He started as a student here and came back to serve as a teacher, academic dean, and finally as superintendent. Together with his father, the Lees have been at the helm of MCS for almost 40 years, guiding the school through many ups and downs, and making us better at each step along the way.
This latest storm has tested the entire Midland Christian family, and we are not surprised Jared has chosen a path he believes to be best for MCS and for his family moving forward. Despite all that has transpired, he leaves us with record enrollment, solid financial footing, and a track record of success in academics, fine arts, and athletics. We continue to stand behind Jared, acknowledging that his leadership will be welcomed in a new environment and hope that he will be given every chance from others to utilize the talents God has blessed him with. He will be missed and our prayers are with Jared and his family as they begin a new chapter in their lives.
The Board will appoint a search committee this week to begin the process of finding and hiring a new superintendent. I know that change is hard, but change also brings new opportunities – for growth, for even greater achievement, and for faithfulness to the mission of Midland Christian School. Please join me in praying for the Lees as they begin this new chapter, and for every member of the MCS family as together we work to lead, build, and equip young men and women for Christian service in this community and beyond.
On Behalf of the Board of Trustees,
Jason Stockstill, Board President | https://www.mrt.com/news/local/article/MCS-Superintendent-Jared-Lee-resigns-17193762.php | 2022-05-24 04:23:21 | 0 | https://www.mrt.com/news/local/article/MCS-Superintendent-Jared-Lee-resigns-17193762.php |
PITTSBURGH, Aug. 1, 2022 /PRNewswire/ -- United Steelworkers (USW) International President Tom Conway released the following statement today in support of the Inflation Reduction Act:
"The Inflation Reduction Act represents an important step forward for working families, making long overdue investments in ensuring a safe and healthy future for communities across our nation.
"Reining in health care costs for millions of Americans will help provide a respite for workers and retirees grappling with inflation, while reforming our tax system will help combat rampant economic inequality by ensuring the richest corporations are paying their fair share.
"Just as crucially, the bill will pave the way for both a cleaner environment and good jobs, as we invest in building out domestic supply chains across the clean energy economy, from mining critical minerals to advanced manufacturing.
"The USW applauds Senate Democrats for reaching this crucial consensus and encourages Congress to continue prioritizing workers and their families as we tackle today's challenges and build a more secure tomorrow."
The USW represents 850,000 workers employed in metals, mining, pulp and paper, rubber, chemicals, glass, auto supply and the energy-producing industries, along with a growing number of workers in health care, public sector, higher education, tech and service occupations.
Contact: Jess Kamm Broomell, (412) 562-2444, jkamm@usw.org
View original content to download multimedia:
SOURCE United Steelworkers (USW) | https://www.weau.com/prnewswire/2022/08/01/usw-backs-passage-inflation-reduction-act/ | 2022-08-01 16:47:35 | 0 | https://www.weau.com/prnewswire/2022/08/01/usw-backs-passage-inflation-reduction-act/ |
Marika Mizell and Mark Brannon arrived to Mobile first thing Sunday in hopes of getting their favorite spot along the Joe Cain Day Procession route.
At the corner of Royal and Dauphin streets, the two Daphne residents were among the first set up their spot for the day.
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- Of Men and Myths: A conversation with the man who portrays Chief Slac himself on Joe Cain Day
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- With fifes, drums, ‘Star Wars’ and a little disco, Mardi Gras dances through the raindrops
“This is the best spot in town,” said Brannon who has either watched or drove a float in the procession since the early 1980s. “It is real family orientated here, too.”
Family gatherings were the story of the day throughout downtown Mobile. Those gatherings started around sunrise in Bienville Square where Joe Ferguson of Mobile met up with Kevin Lott of Saraland and Nate Gurley of Panama City, Florida, for breakfast.
The trio arrived at 5:45 a.m. to begin a day of tailgating. Their wives, children and other family members arrived in time for lunch.
“We will have the spot here set up for them,” said Ferguson. “We’ll just grill and have a good time.”
“It’s our husbandly duty,” said Lott, which elicited laughter.
He said 15 of his family members were coming for lunch, and gather ahead of the arrival of the Joe Cain Day Procession that snakes through downtown Mobile led by the Foot Marches and followed by the Joe Cain Parading Society.
“Everyone is welcome,” Ferguson said. “This is a family friendly day. It’s the best day to come down here.”
The sunshine and mild temperatures also made it a perfect day to gather for fellowship.
For Gurley, it was his first Joe Cain Day.
“I’ll be back next year, for sure,” he said.
Mary Day Lantaff’s family gathered outside the Old Church Street Graveyard for the annual arrival of the Merry Widows of Joe Cain, iconic characters in Mobile Mardi Gras lore.
For Lantaff, a Daphne resident, it’s an annual tradition to see the Widows and watch their antics. On Sunday, the Widows did their annual visit to the Graveyard and Cain’s gravesite to pay their respects and bicker with each other over who Joe love the most.
Cain is credited for reviving Mardi Gras in the U.S. in 1868 when he, dressed as a fictional Indian chief named Slacabamarinico, paraded past the Union troops who were occupying Mobile following the Civil War.
“This day goes back to Joe Cain, who did the original people’s parade,” said Lantaff. “The Widows celebrate Joe Cain. It’s a huge crowd here today. It’s unique and different.”
The Widows, during their visit to the graveyard, also paid respects to the late folklorist Julian Rayford, whose efforts in the 1960s involved getting Cain’s remains disinterred from Bayou La Batre and reburied in Mobile.
Rayford’s efforts are credited with the start of Joe Cain Day on the Sunday before Mardi Gras Day, and the Joe Cain Day Procession.
For Lantaff’s granddaughter, 8-year-old Kaitlin Hall of Pensacola, Florida, it was her second Joe Cain Day. But it was the first in which she showed up dressed, from head to toe, in the all-black attire of a Merry Widow.
“She has been wanting to do this,” Lantaff said. “She’s all about it, so we’re supporting it.”
Her mother, Christine Hall, said she figures her daughter will achieve her ambition of becoming a Widow someday.
“We figure that if it takes 25 years, she’ll be over 21 by then,” Hall said. | https://www.al.com/news/2023/02/grill-and-have-a-good-time-families-gather-for-a-joe-cain-day-tradition-in-mobile.html | 2023-02-20 00:44:45 | 1 | https://www.al.com/news/2023/02/grill-and-have-a-good-time-families-gather-for-a-joe-cain-day-tradition-in-mobile.html |
Cigna Reports Strong Third Quarter 2022 Results, Raises 2022 Outlook
Published: Nov. 3, 2022 at 5:00 AM CDT|Updated: 1 hour ago
Total revenues in the third quarter were $45.3 billion
Shareholders' net income for the third quarter was $2.8 billion, or $8.97 per share
Adjusted income from operations1 for the third quarter was $1.9 billion, or $6.04 per share
Adjusted income from operations1,2 for 2022 is now projected to be at least $23.10 per share2
BLOOMFIELD, Conn., Nov. 3, 2022 /PRNewswire/ -- Global health services company Cigna Corporation (NYSE: CI) today reported strong third quarter 2022 results reflecting growth in both Evernorth and Cigna Healthcare.
"We built on our momentum from the first half of 2022 with strong execution in the third quarter across our businesses and a continued focus on serving customers and clients with our differentiated health and well-being solutions," said David M. Cordani, chairman and chief executive officer. "We're leveraging capabilities across Evernorth and Cigna Healthcare as we innovate to further improve affordability, guide patients to the most effective treatments and improve the vitality of the customers we serve."
Total revenues for third quarter 2022 were $45.3 billion. Adjusted revenues3 were $45.4 billion and reflect strong performance led by Evernorth.
Shareholders' net income for third quarter 2022 was $2.8 billion, or $8.97 per share, including an after-tax special item gain of $1.4 billion, or $4.52 per share, from the Chubb transaction4, and compares with $1.6 billion, or $4.80 per share, for third quarter 2021.
Cigna's adjusted income from operations1 for third quarter 2022 was $1.9 billion, or $6.04 per share, compared with $1.9 billion, or $5.73 per share, for third quarter 2021, reflecting growth in Evernorth and Cigna Healthcare offsetting the absence of income from divested businesses4,5. The proceeds from the Chubb transaction4 were primarily used for share repurchase in 2022.
Reconciliations of total revenues to adjusted revenues3 and of shareholders' net income to adjusted income from operations1 are provided on the following page and on Exhibit 1 of this earnings release.
CONSOLIDATED HIGHLIGHTS
The following table includes highlights of results and reconciliations of total revenues to adjusted revenues3 and shareholders' net income to adjusted income from operations1:
Adjusted income from operations1 for the third quarter 2022 increased 3% from third quarter 2021, excluding the divested international life, accident and supplement benefits4 and Medicaid5 businesses6, with contributions from both Evernorth and Cigna Healthcare.
The adjusted SG&A expense ratio7 was 6.9% for third quarter 2022 compared to 7.0% for third quarter 2021 reflecting revenue growth partially offset by strategic investments.
The debt-to-capitalization ratio decreased to 41.2% at September 30, 2022 from 41.7% at December 31, 2021.
Year to date through November 3, 2022, the Company will have repurchased 22.0 million shares of common stock for approximately $5.8 billion including the final settlement of the accelerated share repurchase agreements announced in June.
CUSTOMER RELATIONSHIPS
The following table summarizes Cigna's medical customers and overall customer relationships:
Total customer relationships8 at third quarter 2022 grew by 4% year to date to 192.5 million.
The total medical customer base4,8 at third quarter 2022 grew to 18.0 million, an increase of 873,000 customers year to date, driven by growth in U.S. Commercial fee-based client relationships, partially offset by a decrease in U.S. Government inclusive of the divestiture of the Medicaid5 business.
HIGHLIGHTS OF SEGMENT RESULTS
See Exhibit 1 for a reconciliation of adjusted income (loss) from operations1 to shareholders' net income.
Evernorth
This segment includes a broad range of coordinated and point solution health services and capabilities, including pharmacy benefits services, specialty pharmacy and care services, which are provided to health plans, employers, government organizations and health care providers.
Third quarter 2022 adjusted revenues3 increased 6% relative to third quarter 2021 reflecting strong organic growth in specialty pharmacy services.
Third quarter 2022 adjusted income from operations, pre-tax1, increased 5% relative to third quarter 2021, reflecting continued affordability improvements and business growth, partially offset by strategic investments in expanding our services portfolio and digital capabilities.
Cigna Healthcare4
This segment includes Cigna's U.S. Commercial, U.S. Government and International Health businesses that provide comprehensive medical and coordinated solutions to clients and customers. U.S. Commercial products and services include medical, pharmacy, behavioral health, dental, vision, health advocacy programs and other products and services for insured and self-insured customers. U.S. Government solutions include Medicare Advantage, Medicare Supplement and Medicare Part D plans for seniors, and individual health insurance plans both on and off the public exchanges. International Health solutions include health care coverage in our international markets, as well as health care benefits for globally mobile individuals and employees of multinational organizations.
Third quarter 2022 adjusted revenues3,10 grew 2% over third quarter 2021, excluding the divested Medicaid business5,6. This reflects increased specialty contributions, premium increases to cover underlying cost trends and U.S. Commercial customer growth, partially offset by lower net investment income and lower U.S. Government medical customers.
Third quarter 2022 adjusted income from operations, pre-tax1 and adjusted margin, pre-tax9 increased relative to third quarter 2021, reflecting a lower MCR7 offset by lower net investment income.
The Cigna Healthcare MCR7 of 80.8% for third quarter 2022 compares to 83.5% for third quarter 2021, reflecting lower medical costs primarily due to decreased direct COVID-19 costs. 2022 has also benefited from effective execution in pricing and affordability initiatives in our U.S. Commercial business.
Cigna Healthcare net medical costs payable11 was $4.05 billion at September 30, 2022, $4.05 billion at September 30, 2021, and $4.00 billion at December 31, 2021. Favorable prior year reserve development on a gross pre-tax basis was $278 million and $217 million through third quarter 2022 and 2021, respectively.
Corporate and Other Operations4
Corporate reflects interest expense, as well as amounts not allocated to operating segments and includes intersegment eliminations. Additionally, this discussion includes items reported in Other Operations which is comprised of Corporate Owned Life Insurance ("COLI"), our interest in a joint venture in Türkiye and the Company's run-off operations.
Third quarter 2022 adjusted loss from operations, pre-tax1 was greater than third quarter 2021 primarily due to the absence of income from the businesses divested in the Chubb transaction4.
2022 OUTLOOK
Cigna's outlook for full year 2022 adjusted revenues2,3 is projected to be at least $179 billion. Cigna's outlook for full year 2022 consolidated adjusted income from operations1,2 is projected to be at least $7.23 billion, or at least $23.10 per share2. Additionally, this outlook includes the impact of expected future share repurchases and anticipated 2022 dividends.
The foregoing statements represent the Company's current estimates of Cigna's 2022 consolidated and segment adjusted income from operations1,2 and other key metrics as of the date of this release. Actual results may differ materially depending on a number of factors. Investors are urged to read the Cautionary Note Regarding Forward-Looking Statements included in this release. Management does not assume any obligation to update these estimates.
This quarterly earnings release and the Quarterly Financial Supplement are available on Cigna's website in the Investor Relations section (https://investors.cigna.com/home/default.aspx). Management will be hosting a conference call to review third quarter 2022 results and discuss full year 2022 outlook beginning today at 8:30 a.m. ET. A link to the conference call is available in the Investor Relations section of Cigna's website located at https://investors.cigna.com/events-and-presentations/default.aspx.
The call-in numbers for the conference call are as follows:
Live Call (888) 455-5036 (Domestic) (773) 799-3981 (International) Passcode: 1132022
It is strongly suggested you dial in to the conference call by 8:15 a.m. ET.
About Cigna
Cigna Corporation (NYSE: CI) is a global health services company dedicated to improving the health, well-being and peace of mind of those we serve. Cigna delivers choice, predictability, affordability and access to quality care through integrated capabilities and connected, personalized solutions that advance whole person health. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Connecticut General Life Insurance Company, Evernorth companies or their affiliates, and Express Scripts companies or their affiliates. Such products and services include an integrated suite of health services, such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits, and other related products.
Cigna's global footprint spans approximately 30 countries and jurisdictions, and has over 190 million customer relationships throughout the world. To learn more about Cigna®, including links to follow us on Facebook or Twitter, visit www.cigna.com.
This press release, and oral statements made in connection with this release, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on Cigna's current expectations and projections about future trends, events and uncertainties. These statements are not historical facts. Forward-looking statements may include, among others, statements concerning our projected adjusted income from operations outlook for 2022 on a consolidated, per share, and segment basis; projected adjusted revenue outlook for 2022; projected total medical customer growth over year end 2021; projected medical care and adjusted SG&A expense ratios; projected consolidated adjusted tax rate; projected cash flow from operations; future dividends; projected weighted average shares outstanding; future financial or operating performance, including our ability to deliver affordable, predictable and simple solutions for our customers and clients; future growth, business strategy and strategic or operational initiatives; economic, regulatory or competitive environments, particularly with respect to the pace and extent of change in these areas and the impact of the developing inflationary and interest rate pressures; capital deployment plans and amounts available for future deployment; our prospects for growth in the coming years; the impact of revised accounting rules related to accounting for long-duration contracts; and other statements regarding Cigna's future beliefs, expectations, plans, intentions, liquidity, cash flows, financial condition or performance. You may identify forward-looking statements by the use of words such as "believe," "expect," "project," "plan," "intend," "anticipate," "estimate," "predict," "potential," "may," "should," "will" or other words or expressions of similar meaning, although not all forward-looking statements contain such terms.
Forward-looking statements are subject to risks and uncertainties, both known and unknown, that could cause actual results to differ materially from those expressed or implied in forward-looking statements. Such risks and uncertainties include, but are not limited to: our ability to achieve our strategic and operational initiatives; our ability to adapt to changes in an evolving and rapidly changing industry; our ability to compete effectively, differentiate our products and services from those of our competitors and maintain or increase market share; price competition, inflation and other pressures that could compress our margins or result in premiums that are insufficient to cover the cost of services delivered to our customers; the potential for actual claims to exceed our estimates related to expected medical claims; our ability to develop and maintain satisfactory relationships with physicians, hospitals, other health service providers and with producers and consultants; our ability to maintain relationships with one or more key pharmaceutical manufacturers or if payments made or discounts provided decline; changes in the pharmacy provider marketplace or pharmacy networks; changes in drug pricing or industry pricing benchmarks; political, legal, operational, regulatory, economic and other risks that could affect our multinational operations, including currency exchange rates; the scale, scope and duration of the COVID-19 pandemic and its potential impact on our business, operating results, cash flows or financial condition; risks related to strategic transactions and realization of the expected benefits of such transactions, as well as integration or separation difficulties or underperformance relative to expectations; dependence on success of relationships with third parties; risk of significant disruption within our operations or among key suppliers or third parties; our ability to invest in and properly maintain our information technology and other business systems; our ability to prevent or contain effects of a potential cyberattack or other privacy or data security incident; potential liability in connection with managing medical practices and operating pharmacies, onsite clinics and other types of medical facilities; the substantial level of government regulation over our business and the potential effects of new laws or regulations or changes in existing laws or regulations; uncertainties surrounding participation in government-sponsored programs such as Medicare; the outcome of litigation, regulatory audits and investigations; compliance with applicable privacy, security and data laws, regulations and standards; potential failure of our prevention, detection and control systems; unfavorable economic and market conditions including the risk of a recession or other economic downturn and resulting impact on employment metrics, stock market or changes in interest rates and risks related to a downgrade in financial strength ratings of our insurance subsidiaries; the impact of our significant indebtedness and the potential for further indebtedness in the future; unfavorable industry, economic or political conditions; credit risk related to our reinsurers; as well as more specific risks and uncertainties discussed in our most recent report on Form 10-K and subsequent reports on Forms 10-Q and 8-K available through the Investor Relations section of www.cigna.com. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance or results, and are subject to risks, uncertainties and assumptions that are difficult to predict or quantify. Cigna undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by law.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wbrc.com/prnewswire/2022/11/03/cigna-reports-strong-third-quarter-2022-results-raises-2022-outlook/ | 2022-11-03 11:27:03 | 0 | https://www.wbrc.com/prnewswire/2022/11/03/cigna-reports-strong-third-quarter-2022-results-raises-2022-outlook/ |
WFO BINGHAMTON Warnings, Watches and Advisories for Wednesday, June 22, 2022
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SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service Binghamton NY
528 PM EDT Wed Jun 22 2022
...A strong thunderstorm will impact portions of southern Seneca,
northeastern Yates and southwestern Cayuga Counties through 600 PM
EDT...
At 528 PM EDT, Doppler radar was tracking a strong thunderstorm over
Benton, or near Penn Yan, moving southeast at 45 mph.
HAZARD...Wind gusts up to 40 mph and nickel size hail.
SOURCE...Radar indicated.
IMPACT...Gusty winds could knock down tree limbs and blow around
unsecured objects. Minor damage to outdoor objects is
possible.
Locations impacted include...
Penn Yan, Romulus, Benton, Potter, Ovid, Interlaken, Dresden, Lodi,
Caywood and Kendaia.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
If outdoors, consider seeking shelter inside a building.
LAT...LON 4271 7722 4276 7717 4276 7698 4283 7697
4268 7660 4262 7664 4262 7667 4261 7666
4255 7670 4255 7701
TIME...MOT...LOC 2128Z 301DEG 41KT 4273 7703
MAX HAIL SIZE...0.88 IN
MAX WIND GUST...40 MPH
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Copyright 2022 AccuWeather | https://www.ourmidland.com/weather/article/NY-WFO-BINGHAMTON-Warnings-Watches-and-17259100.php | 2022-06-22 23:07:17 | 1 | https://www.ourmidland.com/weather/article/NY-WFO-BINGHAMTON-Warnings-Watches-and-17259100.php |
MYKOLAIV, Ukraine (AP) — Ukraine’s president said Friday that special military units have entered the city of Kherson.
In a video address hours after Russia said it had completed withdrawing troops from the strategically key city, President Volodymyr Zelenskyy said: “As of now, our defenders are approaching the city. In quite a bit, we are going to enter. But special units are already in the city.”
Russia relinquished its final foothold in the major city, one of the first to be captured in the war that began Feb. 24. The withdrawal could act as a springboard for further advances into occupied territory.
Russia’s Defense Ministry said its troops finished withdrawing from the western bank of the river that divides Ukraine’s Kherson region at 5 a.m. The area they left included the city of Kherson, the only provincial capital Russia had captured during its nearly nine-month invasion of Ukraine.
Videos and photos on social media showed residents jubilantly taking to the streets, waving Ukrainian flags and chanting in celebration. A Ukrainian flag flew over a monument in a central Kherson square for the first time since the city was seized in early March. Some footage showed crowds cheering on men in military uniform and tossing one man wearing combat fatigues up in the air. Other videos showed villagers embracing troops en route to the city.
Ukrainian officials have not claimed the city was yet in Ukrainian hands.
Zelenskyy said that Russian forces placed mines in the city and that after troops enter, they will be followed by sappers, rescue workers and energy personnel. Despite the daunting tasks ahead of them, “Medicine, communications, social services are returning. … Life is returning,” he said.
Ukrainian intelligence urged Russian soldiers who might still be in the city to surrender in anticipation of Ukrainian forces arriving. “Your command left you to the mercy of fate,” it said in a statement. “Your commanders urge you to change into civilian clothes and try to escape from Kherson on your own. Obviously, you won’t be able to.”
A Ukrainian regional official, Serhii Khlan, disputed the Russian Defense Ministry’s claim that the 30,000 retreating troops took all 5,000 pieces of equipment with them, saying “a lot” of hardware got left behind.
The final Russian withdrawal came six weeks after Russian President Vladimir Putin illegally annexed the Kherson region and three other Ukrainian provinces, vowing they would remain Russian forever.
Moscow’s forces still control about 70% of the Kherson region following the pullback ordered amid a Ukrainian counteroffensive.
The Kremlin remained defiant Friday, insisting the withdrawal in no way represented an embarrassment for Putin. Moscow continues to view the entire Kherson region as part of Russia, Kremlin spokesman Dmitry Peskov told reporters.
He added that the Kremlin doesn’t regret holding festivities just over a month ago to celebrate the annexation of occupied or partially occupied regions of Ukraine, deferring all questions about the Kherson withdrawal to the Defense Ministry.
Putin has so far been silent about Kherson, despite making several public appearances since the withdrawal was announced.
Shortly before the Russian announcement, Zelenskyy’s office described the situation in the province as “difficult.” It reported Russian shelling of some villages and towns Ukrainian forces reclaimed in recent weeks during their counteroffensive in the Kherson region.
The General Staff of Ukraine’s army said the Russian forces left looted homes, damaged power lines and mined roads in their wake. Ukrainian presidential adviser Mykhailo Podolyak predicted Thursday the departing Russians would seek to turn Kherson into a “city of death” and would continue to shell it after relocating across the Dnieper River.
Ukrainian officials were wary of the Russian pullback announced this week, fearing their soldiers could get drawn into an ambush in Kherson city, which had a prewar population of 280,000. Military analysts also had predicted it would take Russia’s military at least a week to complete the troop withdrawal.
Some quarters of the Ukrainian government barely disguised their glee at the pace of the Russian withdrawal.
“The Russian army leaves the battlefields in a triathlon mode: steeplechase, broad jumping, swimming,” Andriy Yermak, a senior presidential adviser, tweeted. Social media videos showed villagers hugging Ukrainian troops.
Recapturing Kherson city could provide Ukraine a strong position from which to expand its southern counteroffensive to other Russian-occupied areas, potentially including Crimea, which Moscow seized in 2014.
From its forces’ new positions on the eastern bank, however, the Kremlin could try to escalate the war, which U.S. assessments showed may already have killed or wounded tens of thousands of civilians and hundreds of thousands of soldiers.
Gen. Ben Hodges, former commanding general of U.S. Army forces in Europe, described the retreat from Kherson as a “colossal failure” for Russia, and said he expects Ukrainian commanders will keep pressure on Russia’s depleted forces ahead of a possible future push for Crimea next year.
“It’s too early to be planning the victory parade, for sure. But I would expect by the end of this year — so in the next, let’s say, eight weeks — the Ukrainians are going to be in place to start setting the conditions for the decisive phase of this campaign, which is the liberation of Crimea, which I think will happen by the summer,” he said in a telephone interview.
Meanwhile, a Russian S-300 missile strike overnight killed seven people in Mykolaiv, about 68 kilometers (42 miles) from Kherson’s regional capital, Zelenskyy’s office said. Rescue crews sifted through the rubble of a five-story residential building in search of survivors.
Standing in front of what used to be his family’s apartment, Roman Mamontov, 16, awaited news about his missing mother.
Mamontov said he found “nothing there” when he opened the door to look for his mother after the missile struck. Friday was her 34th birthday.
“My mind was blank at that moment. I thought it could not be true,” he said. “The cake she prepared for the celebration is still there.”
Zelenskyy called the missile strike “the terrorist state’s cynical response to our successes at the front.”
“Russia does not give up its despicable tactics. And we will not give up our struggle. The occupiers will be held to account for every crime against Ukraine and Ukrainians,” Zelenskyy said.
The Russian Defense Ministry didn’t acknowledge striking a residential building in Mykolaiv, saying only that an ammunition depot was destroyed “in the area of the city.”
Mykolaiv mayor Oleksandr Sienkevych told the AP that Russia could step up its shelling of his city. “The more success the Ukrainian army has, Russia lowers its bar of terrorism,” he said.
Sienkevych said that S-300 missiles launched from the Kherson region can reach Mykolaiv within one minute. Some 149 civilians have been killed and 700 people seriously wounded in the city since the Feb. 24 start of the war.
The president’s office said Russian drones, rockets and heavy artillery strikes across eight regions killed at least 14 civilians between Thursday morning and Friday morning.
The state of the key Antonivskiy Bridge that links the western and eastern banks of the Dnieper in the Kherson region remained unclear Friday. Russian media reports suggested the bridge was blown up following the Russian withdrawal. But Sergei Yeliseyev, a Russian-installed official in the Kherson region, told the Interfax news agency the bridge hadn’t been blown up.
Also Friday, Zelenskyy’s deputy chief of staff, Kyrylo Tymoshenko, said construction has begun on a barrier of concrete posts topped with barbed wire along the border with Belarus. Russia used Belarus as a staging area for troops and weapons when it invaded Ukraine and concerns persist that Belarus’ authoritarian President Alexander Lukashenko may agree to send his troops to Ukraine.
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Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
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Leicester reported from Kyiv. Yuras Karmanau contributed from Tallinn, Estonia. | https://www.krqe.com/news/top-stories/ap-top-headlines/ap-russia-claims-all-troops-gone-from-city-in-southern-ukraine/ | 2022-11-11 19:10:39 | 0 | https://www.krqe.com/news/top-stories/ap-top-headlines/ap-russia-claims-all-troops-gone-from-city-in-southern-ukraine/ |
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NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared.
Median pay for the women occupying the corner office rose to nearly $16 million, according to the annual survey done by Equilar for The Associated Press. Still, experts say there’s much more to be done to improve gender diversity in the corporate ranks and close the pay gap between men and women.
Jane Stevenson, vice chair, Board & CEO Services at organizational consulting firm Korn Ferry said while it is good that women CEO's pay rose, there is still a lot to be done. “I think the danger is to look at those cases of CEOs making more their peers and see a message about the pay gap being closed – it’s not,” she said.
Of the 340 CEOs in the latest survey of S&P 500 companies, 18 were women, up from 16 in 2020. Profits for S&P 500 companies rose roughly 50% and the index gained about 27%. Because the bulk of a CEO’s compensation is tied to such performance, their pay packages ballooned after years of mostly moderating growth.
Female CEO median pay rose 26.4% in 2021 to $15.8 million, with 15 of the 18 women CEOs in the survey seeing an increase. Median means half made more than that level, and half made less. That was a bigger jump than that for male CEO’s median pay, which rose 17.7% to $14.4 million. The overall median pay increased 17.1% to $14.5 million.
The few women who are CEOs of the largest U.S. companies typically make more money than their male counterparts. But last year they weren’t close to the top of the leaderboard for pay packages. Last year, the top earning CEO was Peter Kern of Expedia Group, who received a pay package valued at $296.2 million.
Lisa Su of Advanced Micro Devices was the highest paid woman CEO for the third year in a row, but her compensation valued at $29.5 million ranked just 22nd in the survey. Su’s pay rose 9% from last year. That was partly due to stock and stock options awards, which totaled $25.1 million as AMD’s stock surged 57%. Her base salary was about $1.1 million.
Just behind her was Mary Barra, the CEO of automaker General Motors, whose pay jumped 25% to $29.1 million, including a base salary of $2.1 million and stock and stock options awards worth $18.5 million.
Jayshree Ullal, CEO of cloud computing company Arista Networks, saw the biggest jump in salary. Her pay more than doubled to $16 million, mostly due to stock awards valued at $15.4 million. Arista’s stock doubled in 2021 on strong demand for its cloud computing products.
The number of racially diverse CEOs is gradually increasing too. According to a survey of companies in the S&P 500 and Fortune 500 by executive recruitment firm Crist Kolder, six had Black CEOs in 2021, 40 had Asian American CEOs, and 20 had Latinx/Hispanic executives leading them.
The Equilar survey includes only CEOs who have served at least two full fiscal years at their companies, in order to avoid the distortions of big sign-on bonuses. The companies must have filed proxy statements between Jan. 1 and April 30.
The criteria left out some women named to the top job in the past two years. Not included are CEOs such as Roz Brewer at Walgreens Boots Alliance, Jane Fraser at Citigroup, Linda Rendle at Clorox, Judith Marks at Otis Worldwide and Reshma Kewalramani at Vertex Pharmaceuticals.
If the ranks of women CEOs are to grow, there needs to be a better pipeline to promote women leaders, said Korn Ferry’s Stevenson.
“Pay tells a story. We have more stories of some women getting ahead,” said Stevenson. “It’s great, but it does not a system make. What we do not have is a systemic path forward for women, generally speaking, in a sustainable way, to be on the path to top roles and top pay.”
Alison Cook, a professor of management at Utah State University who researches gender and diversity in the workplace, said there’s been a recent push to get more women on boards, rather than in top C-suite roles. That might help in the long run, she said.
“Hopefully the push into the board of directors translates into more women getting to the C-suite pipeline and available to be CEOs,” she said. | https://www.sfgate.com/news/article/Female-CEO-s-pay-rose-26-in-2021-but-ranks-17200206.php | 2022-05-26 12:40:50 | 0 | https://www.sfgate.com/news/article/Female-CEO-s-pay-rose-26-in-2021-but-ranks-17200206.php |
ROME (AP) — Italian actor Gina Lollobrigida, who achieved international film stardom during the 1950s and was dubbed “the most beautiful woman in the world” after the title of one her movies, died in Rome on Monday, her agent said. She was 95.
The agent, Paola Comin, didn’t provide details. But Lollobrigida had surgery in September to repair a thigh bone broken in a fall. She returned home and said she had quickly resumed walking.
A drawn portrait of the diva graced a 1954 cover of Time magazine, which in an article about Italian movie-making likened her to a “goddess.” More than a half-century later, Lollobrigida still turned heads with a head full of auburn curly hair and her statuesque figure.
“Lollo,” as she was lovingly nicknamed by Italians, began making movies in Italy just after the end of World War II, as the country began to promote on the big screen a stereotypical concept of Mediterranean beauty as buxom and brunette.
Besides “The World’s Most Beautiful Woman” in 1955, career highlights included Golden Globe-winner “Come September,” with Rock Hudson; “Trapeze;” “Beat the Devil,” a 1953 John Huston film starring Humphrey Bogart and Jennifer Jones; and “Buona Sera, Mrs. Campbell,” which won Lollobrigida Italy’s top movie award, a David di Donatello, as best actress in 1969.
In Italy, she worked with some of the country’s top directors following the war, including Mario Monicelli, Luigi Comencini, Pietro Germi and Vittorio De Sica.
Two of her more popular films at home were Comencini’s “Pane Amore Fantasia” (Bread Love Fantasy) in 1953, and the sequel a year later, “Pane Amore Gelosia” (Bread Love Jealousy). In each of them, her male foil was Vittorio Gassman, one of Italy’s most leading men on the screen.
Lollobrigida began her career in beauty contests, posing for the covers of magazines and brief appearances in minor films. But her sexy image quickly propelled her to roles in major Italian and international movies.
While Lollobrigida played some dramatic roles, her characters were most popular in lighthearted comedies, like the “Bread Love” movies.
Lollobrigida also was an accomplished sculptor, painter and photographer, and eventually essentially dropped film for the fine arts. With her camera, she roamed the world from what was then the Soviet Union to Australia.
In 1974, Fidel Castro hosted her as a guest in Cuba for 12 days as she worked on a photo reportage.
She was born on July 4, 1927 in Subiaco, a picturesque hill town near Rome, where her father was a furniture maker. | https://fox59.com/news/national-world/italian-film-legend-gina-lollobrigida-dies-at-age-95/ | 2023-01-16 16:13:31 | 0 | https://fox59.com/news/national-world/italian-film-legend-gina-lollobrigida-dies-at-age-95/ |
MEXICO CITY, July 20, 2022 /PRNewswire/ -- Grupo Rotoplas S.A.B. de C.V. (BMV: AGUA*) ("Rotoplas", "the Company"), America's leading company in water solutions, reports its unaudited second quarter 2022 results. The information has been prepared in accordance with the International Financial Reporting Standards (IFRS).
Figures are expressed in millions of Mexican pesos.
HIGHLIGHTS | 2Q22 vs 2Q21
- Rotoplas reported record quarterly net sales of Ps. 3,447 million, along with sequential and year-over-year recovery in margins.
- Net sales increased 22.7%, driven by growth across all countries.
- Gross margin increased by 510 bps, closing at 42.2%, benefiting from leading brands that allowed the implementation of a price increase strategy as well as manufacturing process efficiencies
- Operating income increased by 77.6%, even when taking into account expenses related to new businesses (e.g. Acuantia in the United States, bebbia in Mexico, and water treatement and recycling plants in Brazil), whose expenses exceed the marginal contribution for sales.
- Adjusted EBITDA1 reached Ps. 528 million with a 15.3% margin, a 40 bps expansion. EBITDA was impacted by Ps. 80 million due to the development of new businesses. This figure was Ps. 48 million higher than in 2Q21.
- Net income increased 86.6% as a result of the recovery in operating margins.
- ROIC closed at 13.0%, 61 bps above the cost of capital. This was in line with the sustainable economic value creation strategy to maintain a positive environmental and social impact.
- In May, a capital reimbursement in cash was paid to shareholders at the rate of Ps. 0.45 per outstanding share.
- In July, AGUA* was once again included in the Mexican Stock Exchange's ESG Index.
HIGHLIGHTS | Cumulative 2022 vs 2021
- Net sales reached Ps. 6,107 million, a 16.4% increase, in line with guidance given to the market. Net sales for the first half of the year were driven by growth across all regions.
- Gross margin closed at 41.3%, a 230 bps expansion driven by the strength of leading brands that allowed the implementation of a price increase policy, as well as the efficiency achieved in the manufacturing and installation of solutions.
- Adjusted EBITDA1 reached Ps. 850 million with a 13.9% margin, which was a 310 bps contraction, mainly related to investments made for the development of new businesses, which impacted adjusted EBITDA by Ps. 153 million. This figure was Ps. 90 million higher than the one reported during the first half of 2021.
- Net income reached Ps. 210 million, a 5.2% increase due to an improvement in operating results.
- Net Debt/ Adj. EBITDA leverage closed at 1.7x and the cash conversion cycle was optimized by 10 days.
- CapEx was Ps. 293 million, including technological upgrades to Mexican plants for the launch of new generation water tanks, with the objective of ensuring the long-term sustainability of the water storage category.
KEY FIGURES | FINANCIAL DATA
OPERATING FIGURES | January – June 2022
3,368
Employees
3.0%
Government Transactions
14,500
e-commerce clients
77,000
bebbia users
11,200ton
CO2 saved
(vs bottled water)
MESSAGE | CEO
Dear Investors,
The agility and operational discipline we have achieved through the Flow transformation program have been key drivers of Rotoplas' record-high sales and EBITDA. Our second quarter growth puts us in line with our earnings guidance and brings us closer to our estimated EBITDA margin. We will continue to focus on improving our margins while maintaining leadership in our traditional business and growing our new businesses.
Water scarcity in the markets we operate in has led to an ever-increasing demand for water solutions, presenting both a great challenge and a great opportunity for our business. Our financial strength, human talent, and the daily motivation provided by our purpose will be essential to successfully take advantage of this opportunity.
During the quarter, we conducted a detailed analysis to identify the Flow initiatives with the greatest impact and value generation potential, which will allow us to remain agile in the face of changes in the environment in order to adapt our spending and investment pace as needed.
We maintained a strong balance sheet and a stable cash flow generation in the traditional business, which allows us to continue developing the new businesses. In addition, during the first half of the year, we continued with the investment process for the modernization of the storage business in Mexico, we paid a dividend to shareholders in May, and maintained a sufficient level of working capital to guarantee the supply of raw materials in an environment with unstable supply chains.
Throughout the years, the water industry has proven it can stand strong in the face of economic downturns, and Rotoplas' business model along with the Flow program allow us to enhance growth and profitability through innovation. We will continue to focus on satisfying market needs through our solutions and services, while prioritizing business profitability and generating value for our stakeholders.
Carlos Rojas Aboumrad
INVITE | EARNINGS CALL
Thursday, July 21st, 10:00am Mexico City Time (11:00am, EST)
Speakers: Carlos Rojas Aboumrad (CEO) and Mario Romero Orozco (CFO)
Link: https://rotoplas.zoom.us/webinar/register/WN_Ga863MmJT2KxgSBEQgldVQ
Password: 2Q22
GUIDANCE | 2022-2025
During the 1Q22 earnings conference call, the Company updated its 2022 guidance. The modification of the annual earnings guidance does not affect the objectives set in the 2020-2025 Sustainable Growth Strategy.
SALES AND EBITDA | BY REGION AND SOLUTION
Adjusted EBITDA
Since the second quarter of 2020, we have been recognizing "one-time" expenses for the implementation of the Flow program; non-recurring expenses that have short- and long-term benefits in revenue, expense, working capital and organizational culture to ensure permanent change. The fourth quarter of 2021 was the last period in which these "one-time" expenses were recognized.
Mexico
Net Sales increased 15.7% vs 2Q21 driven by double-digit growth in products, which offset the weaker performance of the services platform.
Product sales benefited from double-digit growth in the storage, water flow, and improvement categories. Droughts in the northwest of the country also contributed to the increase in sales.
Services sales decreased due to lower water treatment and recycling plant sales, a business that still has delays in new industrial and commercial projects as a result of the pandemic. Additionally, the drinking fountains division continues without new revenues due to the prevailing impasse in the country's schools. bebbia maintained a good pace and recorded a double-digit sales increase, however, it does not offset the other divisions.
Adjusted EBITDA for the quarter was Ps. 369 million, an increase of 44.3% compared to 2Q21. This result includes the impact of bebbia's accelerated growth, which added 9 thousand new subscribers in the quarter, resulting in a loss of Ps. 46 million to this business. The adjusted EBITDA margin for the quarter expanded 420 bps, going from 16.8% in 2Q21 to 21.0% in 2Q22.
Cumulative net sales increased 9.7%, reaching Ps. 3,130 million driven by a product growth, which compensates fewer service sales.
On a cumulative basis, adjusted EBITDA was Ps. 588 million, a 4.4% increase, with an 18.8% margin. During the first half of the year, the increase in bebbia's expenses related to its growth negatively impacted the business, resulting in a loss of Ps. 90 million during the first half of the year. The adjusted EBITDA margin was 18.8%, a 90 bps decrease compared to 1H21.
Argentina
Net sales increased 60.0% vs 2Q21 with record growth in all three categories. The brand's leadership and strength in the region have allowed us to continue with our price and cross-selling strategies and increase the penetration of new sales channels.
Cumulative net sales increased 48.5% driven by continuous improvement in the commercial execution and in the pricing policy.
Adjusted EBITDA for the quarter reached Ps. 143 million vs Ps. 85 million in 2Q21. Adjusted EBITDA margin closed at 15.1%, an 80 bps increase compared to 2Q21, driven by an efficient cost structure.
Cumulative adjusted EBITDA reached Ps. 234 million, an increase of 51.9% compared to the same period of the previous year, driven by higher volumes and prices, which helped offset increases in raw materials costs.
NOTE: Adoption of IAS 29, Financial Reporting in Hyperinflationary Economies.
Due to Argentina experiencing inflation above 100% in the last three years, it is considered a hyperinflationary economy. In accordance with IAS 29, an adjustment for inflation has been made to the Financial Statements to consider changes in purchasing power.
International Accounting Standard (IAS) 29, Financial Information in Hyperinflationary Economies establishes that the results of operations in Argentina should be reported as if they were hyperinflationary as of January 1st, 2018. Moreover, an adjustment for inflation in the Financial Statements should be made to account for the change in the purchasing power of the local currency.
As a result of the above, in the first half of 2022, the impact of the restatement resulted in an increase of Ps. 126 million in financial expense, negatively impacting the Comprehensive Financing Result. After considering taxes, the impact on net income amounted to Ps. 118 million.
United States
Net Sales for the quarter increased 3.9% to Ps. 377 million, driven by growth in the e-commerce business. During the quarter, we added 7,400 new customers as a result of our omnichannel strategy and customer service through our call center. Likewise, the septic business continues under development, increasing the number of partners for the design, installation, and maintenance services of the solutions.
Cumulative net sales increased 14.6%, reaching Ps. 709 million driven by the e-commerce and septic businesses growth. The latter doubled sales compared to 2021.
Pre-operating expenses from the septic business and technological expenses for the expansion of the e-commerce platform led to a negative adjusted EBITDA of Ps. 29 million in the quarter and negative Ps. 48 million cumulatively.
Other countries
Net sales from other countries (Peru, Guatemala, El Salvador, Costa Rica, Honduras, Nicaragua, and Brazil) reached Ps. 362 million in the quarter, 8.1% higher than that reported in the same period of the previous year. On a cumulative basis, net sales decreased 3.3% vs 2021.
In Peru, the efficient commercial strategy and price increases offset the decline in sales volume caused by the adverse macroeconomic environment during the quarter. On a cumulative basis, sales were affected by a weak first quarter, as a result of the third COVID-19 wave and the suspension of government subsidies to the population.
In Central America, quarterly sales growth was due to the implementation of differentiated pricing strategies by customer, channel, and product.
Diversification of the water flow and improvement categories continued in order to complement sales from the traditional water storage business. This helped offset weak sales from the first quarter related to the announcement of a price increase at the end of 2021 that led distributors and customers to anticipate purchases and increase their inventories.
In Brazil, the projects pipeline benefited from the new legislation that promotes the migration from a state-owned water model to a private one. In addition, during the period, strategic alliances were formed with specialized consultants to increase the volume of contracts through a commission scheme.
Adjusted EBITDA reached Ps. 45 million in the quarter and Ps. 76 million in the first half of the year. The EBITDA margin contracted 400 bps in the quarter compared to 2Q21, reaching 12.5% and decreased 760 bps vs 1H21, reaching 11.2%. The margin contractions are related to the investment for the development of the water treatment and recycling plants in Brazil, which resulted in a loss of Ps. 13 million in that business during the quarter and Ps. 28 million during the first half of the year.
ANALYSIS | COSTS AND EXPENSES
Gross Profit
Gross profit for the period increased 39.8% in the quarter and 23.3% in the first half of the year. Likewise, the gross margin increased 510 bps to 42.2% in 2Q22 and 230 bps in the 6M21 to 41.3%. This was the result of an assertive pricing strategy during the second half of 2021 and in 2022, which has allowed us to maintain brand leadership, as well as a sequential and year-over-year margin recovery.
Operating Income
Operating income reached Ps. 429 million in the quarter, 77.6% higher than in 2Q21, with a 380 bps increase in the margin, to reach 12.4%.
This expansion was lower than the improvement in the gross margin due to the recognition of expenses related to new businesses; Acuantia in the United States, bebbia in Mexico, and water treatment and recycling plants in Brazil, whose marginal contribution was negative due to the stage they are in.
On a cumulative basis, operating income increased 19.1% to reach Ps. 651 million. Cumulative operating margin was 10.7%, 30 bps higher than in the same period of 2021.
As in the quarter, the improvement in the operating margin was lower than the improvement in gross margin, due to the accounting for expenses related to new businesses, as well as the reactivation of travel, in-person events, and some marketing strategies that were put on hold during 2021 as a result of the pandemic.
Comprehensive Financing Result
The Comprehensive Financing Result for 2Q22 was an expense of Ps. 195 million compared to Ps. 155 million in the same period of the previous year. The expense in the quarter includes Ps. 98 million for interest on debt, commissions and leases, Ps. 14 million for the valuation of financial instruments, and Ps. 83 million for the monetary position in Argentina, which was Ps. 26 million higher than 2Q21.
The cumulative Comprehensive Financing Result was an expense of Ps. 349 million vs Ps. 277 million in the first half of 2021. Financial expenses for the first half of the year comprised the payment of interest on the AGUA 17-2X sustainable bond, commissions and leasing for Ps. 194 million, Ps. 32 million for the valuation of financial instruments, and Ps. 123 million for monetary positioning in Argentina, which was Ps. 95 million higher than 2Q21.
Net Result
The net profit for the quarter was Ps. 122 million compared to Ps. 65 million in 2Q21, an 86.6% increase due to an improvement in the operating results.
Cumulative net profit was Ps. 210 million, 5.2% higher than what was reported in 2Q21. Excluding the impact of the monetary position in Argentina, a virtual non-cash item, net income would increase 66.9%.
CapEx
Capital investments represented 4.8% of sales during the first half of the year, an increase of 64.9% compared to the previous year.
Capital investments include:
- Ps. 194 million of investments in new technology to produce storage solutions and for machinery to increase production capacity for water flow category in Mexico.
- Ps. 28 million were allocated to water treatment and recycling plants in Brazil and Ps. 1 million in Mexico.
- CapEx specifically related to growth initiatives within the Flow program amounted to Ps. 163 million. This includes investments across all countries, categories, and businesses.
ANALYSIS | BALANCE SHEET
Cash Conversion Cycle (Days)
Inventory Days: Average Inventory / (3M Cost of Sales / 90)
Accounts Receivable Days: Average Accounts Receivable / (3M Sales / 90)
Accounts Payable Days: Average Suppliers / (3M Cost of Sales / 90)
During the period, the cash conversion cycle was optimized by 10 days while maintaining a strategy focused on securing the supply of raw materials in an unstable supply chain environment.
Debt
Debt Maturity Profile
Total debt amounted to Ps. 4,007 million and corresponds to the AGUA 17-2X sustainable bond.
FINANCIAL RATIOS
*Adjusted EBITDA LTM/interest payments LTM **Net income divided by 486.2 million shares, expressed in Mexican pesos.
Leverage as of the second quarter of 2022 was within the Company's debt guideline of 2.0x Net Debt/Adjusted EBITDA.
ROIC / Cost of Capital
ROIC: NOPAT L12M/Average Invested Capital t, t-1.
Invested Capital: Total Assets – Cash and Cash Equivalents – Short-Term Liabilities.
ROIC excludes Flow program execution costs from 2Q20 to 4Q21 as they are one-off.
ROIC amounted to 13.0% at the end of June, a 300 bps contraction vs the previous year. However, the ROIC remains 61 bps above the cost of capital, which increased from 11.5% in June 2021 to 12.4% in June 2022. Nevertheless, the creation of sustainable economic value is maintained in order to continue to positively impact our stakeholders.
Financial derivates
The use of derivative financial instruments is governed by the recommendations and policies issued by the Board of Directors and supervised by the Audit Committee, which provides guidelines on the management of exchange risk, interest rate risk, credit risk, the use of derivative and non-derivative financial instruments, and the investment of excess liquidity.
As of June 30th, 2022, the market value of Grupo Rotoplas' position was:
ESG | ENVIRONMENTAL, SOCIAL AND GOVERNANCE
Updates regarding sustainability initiatives during the quarter include:
- Training was given to all administrative employees of the Group regarding diversity, inclusion, and human rights issues. The training was given in collaboration with associations and companies specializing in the subject such as Integrarse, EY Mexico, and Unidos por los Derechos Humanos.
- We began the process to work with the Science Based Targets initiative (SBTi), with the purpose of validating the Group's environmental goals and achieving carbon neutrality by 2040.
- The Corporate Government Committee completed an analysis of the operational risks for the Company and presented a roadmap with milestones and relevant activities to mitigate these risks, assigning responsible people and deadlines.
For more information on our ESG programs, visit our sustainability website:
https://rotoplas.com/sustentabilidad/home-eng/
AGUA* | PERFORMANCE AND ANALYST COVERAGE
Source: SiBolsa
Capital reimbursement:
During the quarter a capital reimbursement in cash was made to the Company's shareholders through a decrease in capital stock at a rate of Ps. 0.45 (forty-five Mexican peso cents) for each outstanding share. This implied a total disbursement of Ps. 215 million for the Company.
Treasury shares:
As of June 30th, 2022, the Company had 9.3 million shares in the treasury, equivalent to an invested amount of Ps. 320 million. To date, no treasury shares have been cancelled.
Analyst Coverage
As of June 30th, 2022, analyst coverage was provided by:
TRANSFORMATION PROGRAM | FLOW
In 2019, Rotoplas began the "Flow" transformation program to focus the business on economic value creation and sustainable growth. The strategy is based on initiatives that are divided between three pillars:
A. Profitability of the Current Portfolio
- levers for income, cost, expenditure and working capital
B. Growth Initiatives and Execution
- improve the execution of growth opportunities and capital allocation decisions
C. Organizational Culture and Health
- leadership, operational discipline, talent development, accountability, and organizational climate
Flow has evolved and is part of the culture of innovation and continuous improvement.
FINANCIAL STATEMENTS | Balance Sheet, Income Statement and Cash Flow
Income Statement
(unaudited figures in millions of Mexican pesos)
Balance Sheet (unaudited figures in millions of Mexican pesos)
Cash Flow (unaudited figures in millions of Mexican pesos)
PRESS RELEASES | 2Q22
- AGUA* is included for another year in the sample of the ESG index of the Mexican Stock Exchange (BMV) – July 8th
- Extinction of trust F/000116 – July 7th
- S&P Global Ratings maintains Grupo Rotoplas' 'mx AA-' rating with stable outlook – June 24th
- Capital reimbursement payment 2022 – May 9th
- Resolutions Adopted by the 2022 General Ordinary and Extraordinary Shareholders' Meeting – April 29th
- Rotoplas updates its Guidance for 2022 – April 21st
- Proposals to the GSM – April 6th
- Rotoplas operations status update during March – April 5th
For more information, please refer to the Relevant Events section on our website: https://rotoplas.com/investors/relevant-events/#1
CONTACT | INVESTOR RELATIONS
Forward-Looking Statements
This press release may include certain forward-looking statements relating to Grupo Rotoplas S.A.B. de C.V. It relies on considerations of the Grupo Rotoplas S.A.B. de C.V. management which are based on current and known information; however, the expectations could vary due to facts, circumstances, and events beyond the control of Grupo Rotoplas, S.A.B. de C.V.
About the Company
Grupo Rotoplas S.A.B. de C.V. is America's leading provider of water solutions, including products and services for storing, piping, improving, treating, and recycling water. With over 40 years of experience in the industry and 19 plants throughout the Americas, Rotoplas is present in 14 countries and has a portfolio that includes 27 product lines, a services platform, and an e-commerce business. Grupo Rotoplas has been listed on the Mexican Stock Exchange (BMV) under the ticker "AGUA" since December 10th, 2014.
Pedregal 24, 19th floor, Col. Molino del Rey
Miguel Hidalgo
11040, Mexico City
T. +52 (55) 5201 5000
www.rotoplas.com
Contact: Mariana Fernández, mfernandez@rotoplas.com; María Fernanda Escobar, mfescobar@rotoplas.com
1 Adjusted EBITDA considers: operating income plus depreciation and amortization, plus non-recurring expenses (donations and Flow implementation expenses). In 2Q21 it considers Ps. 75 million of Flow expense and Ps. 6 million donations. On a cumulative basis, it considers Ps. 150 million of Flow expenses and Ps. 8 million donations. During 2Q22, there were no adjustments for Flow expenses, and no donations.
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SOURCE Grupo Rotoplas S.A.B. de C.V. | https://www.wkyt.com/prnewswire/2022/07/20/rotoplas-second-quarter-2022-results/ | 2022-07-20 21:18:46 | 1 | https://www.wkyt.com/prnewswire/2022/07/20/rotoplas-second-quarter-2022-results/ |
Protesters have filled Atlanta city hall where a vote on funding a controversial police training center is underway. Earlier this year, a protester was killed and others have been arrested.
Copyright 2023 90.1 WABE
Protesters have filled Atlanta city hall where a vote on funding a controversial police training center is underway. Earlier this year, a protester was killed and others have been arrested.
Copyright 2023 90.1 WABE | https://www.wlrn.org/npr-breaking-news/2023-06-05/atlanta-protestors-want-city-council-to-vote-against-funding-police-training-center | 2023-06-05 21:19:19 | 1 | https://www.wlrn.org/npr-breaking-news/2023-06-05/atlanta-protestors-want-city-council-to-vote-against-funding-police-training-center |
GUANGZHOU, China, Aug. 10, 2022 /PRNewswire/ -- In July, Forbes China and Russell Reynolds Associates, a global search and leadership advisory firm, unveiled the results of the 2022 Forbes China - Best Employer Selection. Vipshop Holdings Limited (NYSE: VIPS), China's leading online discount retailer ("Vipshop" or the "Company"), bagged the titles of China's Best Employer of the Year and China's Most Sustainable Employer of the Year for its first participation in the selection.
The selection process lasted three months with feedback received from both employers and employees through open entries, questionnaires and other survey methods. Experts from various fields were invited to evaluate the companies from many viewpoints, ensuring the neutrality and professionalism of the process.
In recent years, Vipshop has made sustainability a key component of its workplace improvement. The company has been committed to providing workers with attractive and comprehensive benefits by building a sound career development system and creating a dynamic and inclusive working environment.
Vipshop has established a personal learning and development program to unlock employees' potential, while facilitating the growth of both employees and the Company.
Vipshop attaches great importance to maintaining open and positive communications with every employee. To make its management more transparent, Vipshop has organized a series of activities like face-to-face talks with senior management, creating an environment in which employees feel comfortable and are active in making suggestions for improvements, leading to a more open corporate culture.
At the same time, Vipshop has been named as a pilot organization by the All-China Federation of Trade Unions with the mission of improving life quality for employees. The company has been quite successful in enhancing the sense of belonging and satisfaction among employees by establishing staff service stations, offering wellness and healthcare services to special staff groups, setting up a staff mutual fund, and hosting a variety of clubs, family days and parent-child activities.
Employees are Vipshop's close partners on the road to sustainable development. The company has made a strong commitment to engendering a sense of responsibility for environmental protection, publicizing the importance of energy conservation, and to launching green public service activities, with the goal of creating a healthy and environmentally-responsible office environment.
Meanwhile, Vipshop has expanded its in-house volunteer management program, in a move to encourage its employees to fulfill their social responsibilities by participating in various community public service activities.
Vipshop has been named as one of the Fortune China 500 and China's Top 500 Private Enterprises for many years. The company will continue with its people-oriented strategy to further enhance employee satisfaction, making Vipshop a place that employees are proud of, and creating a bright and sustainable future for the employees.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit https://ir.vip.com/.
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SOURCE Vipshop | https://www.wflx.com/prnewswire/2022/08/10/vipshop-named-chinas-best-employer-chinas-most-sustainable-employer-by-forbes-china/ | 2022-08-10 14:16:26 | 0 | https://www.wflx.com/prnewswire/2022/08/10/vipshop-named-chinas-best-employer-chinas-most-sustainable-employer-by-forbes-china/ |
CUPERTINO, Calif., July 5, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company focused on epigenetic regulation to develop treatments for acute organ injury and chronic liver diseases, today announced the appointment of Timothy M. Papp as its Chief Financial Officer. In this new role, Mr. Papp will direct and oversee all financial and capital markets activities including accounting, financial reporting, financial planning and analysis, financial strategy, and investor relations.
"We are excited to welcome Tim to our executive leadership team, as he brings his deep understanding of corporate finance and corporate value drivers to DURECT," stated James E. Brown, D.V.M., President and Chief Executive Officer of DURECT.
Mr. Papp brings over 25 years of corporate finance experience to DURECT, including 15 years in the Biopharma sector. He joins DURECT from RBC Capital Markets, where he was a Managing Director of Healthcare Investment Banking. Previously, he served as a Managing Director of Healthcare Investment Banking at Stifel, and he also served in Investment Banking and Mergers & Acquisitions roles at Cowen, Keybanc Capital Markets, and Rodman & Renshaw. Mr. Papp graduated cum laude from Duke University with a B.S. in Economics and earned an MBA from The Wharton School of Business with a concentration in Finance.
Mr. Papp commented, "I believe that larsucosterol is an underappreciated asset that has the potential to transform the treatment of alcohol-associated hepatitis as well as other indications. I am excited to join the DURECT team at this important juncture of its corporate development."
About DURECT Corporation
DURECT is a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver diseases by advancing novel and potentially lifesaving therapies based on its endogenous epigenetic regulator program. Larsucosterol (also known as DUR-928), DURECT's lead drug candidate, binds to and inhibits the activity of DNA methyltransferases (DNMTs), epigenetic enzymes which are elevated and associated with hypermethylation found in alcohol-associated hepatitis (AH) patients. Larsucosterol is in clinical development for the potential treatment of AH, for which FDA has granted a Fast Track Designation; non-alcoholic steatohepatitis (NASH) is also being explored. In addition, POSIMIR® (bupivacaine solution) for infiltration use, a non-opioid analgesic utilizing the innovative SABER® platform technology, is FDA-approved and has been exclusively licensed to Innocoll Pharmaceuticals for development and commercialization in the United States. For more information about DURECT, please visit www.durect.com and follow us on Twitter https://twitter.com/DURECTCorp.
DURECT Forward-Looking Statement
This press release contains forward-looking statements that involve substantial risks and uncertainties. Forward-looking statements include, without limitation, statements regarding the clinical development of larsucosterol (DUR-928) for potential treatment of AH, the potential to develop larsucosterol for NASH or other indications, the expected commercial launch of POSIMIR by Innocoll and potential future payments we may receive from Innocoll. Actual results or events could differ materially from the plans, intentions, expectations and projections disclosed in the forward-looking statements. Various important factors could cause actual results or events to differ materially, including, but not limited to, the risk that the AHFIRM (Alcohol-associated Hepatitis to evaluate saFety and effIcacy of laRsucosterol treatMent) trial takes longer to conduct than anticipated due to COVID-19 or other factors, the risk that ongoing and future clinical trials of larsucosterol do not confirm the results from earlier clinical or pre-clinical trials, or do not demonstrate the safety or efficacy or the life-saving potential of larsucosterol in a statistically significant manner, the risk that Innocoll may not commercialize POSIMIR successfully, if at all, and risks related to our ability to obtain capital to fund operations and expenses, and other risks described in the "Risk Factors" section of DURECT's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on May 5, 2022, and in other filings filed from time to time with the SEC. DURECT does not assume any obligation to update any forward-looking statements, except as required by law. The 10-Q and other public filings are available on our website www.durect.com under the "Investors" tab.
NOTE: POSIMIR® is a trademark of Innocoll Pharmaceuticals, Ltd. in the U.S. and a trademark of DURECT Corporation outside of the U.S. SABER® is a trademark of DURECT Corporation. Other referenced trademarks belong to their respective owners. Larsucosterol (DUR-928) is an investigational drug candidate under development and has not been approved for commercialization by the U.S. Food and Drug Administration or other health authorities for any indication.
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SOURCE DURECT Corporation | https://www.1011now.com/prnewswire/2022/07/05/durect-corporation-appoints-timothy-m-papp-chief-financial-officer/ | 2022-07-05 14:06:00 | 0 | https://www.1011now.com/prnewswire/2022/07/05/durect-corporation-appoints-timothy-m-papp-chief-financial-officer/ |
Nikola Labs announced today that it closed $20 million in financing to support growing customer demand and accelerate platform development. Led by G2 Venture Partners and joined by Triangle Peak Partners, the Series A Preferred financing is Nikola Labs' first institution-led growth round and brings total funding to $41 million to date.
COLUMBUS, Ohio, May 20, 2022 /PRNewswire-PRWeb/ -- Nikola Labs announced today that it closed $20 million in financing to support growing customer demand and accelerate platform development. Led by G2 Venture Partners and joined by Triangle Peak Partners, the Series A Preferred financing is Nikola Labs' first institution-led growth round and brings total funding to $41 million to date.
"Our AssetWatch™ proactive maintenance platform is preventing unplanned downtime and saving tens of millions of dollars annually for our 100+ global manufacturing customers," said Brian Graham, CEO of Nikola Labs. "We are grateful for the investment and support from G2 and other partners that will allow us to meet the increased demand we are seeing from current and new customers, while enabling Nikola Labs to accelerate development of our IoT platform and machine learning capabilities."
AssetWatch™ combines rapidly deployable proprietary sensor systems, third-party data inputs, machine learning and prescriptive insights from a staff of expert condition monitoring engineers to predict upcoming machine faults, allowing customers to repair critical assets before costly failures. With growth exceeding 400% in 2021 and serving customers in the US, Canada, and UK, the company plans to announce new markets and additional capabilities in 2022 to support the entire proactive maintenance ecosystem.
"Nikola Labs has seen spectacular customer and revenue growth and we have been impressed by their ability to deliver immediate ROI for world-class manufacturers," said David Mount, Partner at G2 Venture Partners. "At G2VP, we look for companies using technology to drive sustainable transformation in traditional industries, and Nikola Labs' end-to-end solution is leading the cultural transformation of maintenance teams from a reactive to a proactive culture across multiple industries."
"We exist to help our customers transform their maintenance organization from a reactive to proactive culture," said Will Zell, Co-Founder and Executive Chairman of Nikola Labs. "Proactive maintenance creates more production capacity, eliminates expensive downtime events and drives efficiency through a manufacturing process. With our track record and new investment partners we are doubling down on our vision to become the leading proactive maintenance platform for global manufacturers."
About G2 Venture Partners
G2 Venture Partners is a venture and growth firm focused on emerging technologies driving sustainable transformation across traditional industries. We support entrepreneurs who are unlocking new paths to environmentally and socially responsible economic growth.
About Nikola Labs, Inc.
Nikola Labs simplifies proactive maintenance and eliminates unplanned downtime for global manufacturers. A leader in sensor-based reliability solutions, its rapidly deployable, full-service, remote monitoring solution monitors the health of critical manufacturing equipment through a network of wireless sensors while machine learning and certified vibration experts analyze the data and create prescriptive and predictive maintenance alerts so machines can be repaired before failure. A spinout of The Ohio State University, Nikola Labs was founded in 2014 and was the first company launched by the Ikove Startup Nursery.
Contact:
John Schoger
Nikola Labs
Media Contact
John Schoger, Nikola Labs, Inc., 1 844.464.5652, jschoger@nikola.tech
SOURCE Nikola Labs, Inc. | https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/nikola-labs-raises-20-million-to-accelerate-growth-in-proactive-maintenance-platform/article_ec108573-f26b-5727-9dea-df9d48735234.html | 2022-05-20 11:35:31 | 1 | https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/nikola-labs-raises-20-million-to-accelerate-growth-in-proactive-maintenance-platform/article_ec108573-f26b-5727-9dea-df9d48735234.html |
An ABC News freelance producer gathered dirt on critics of a consulting firm's powerful clients. A former network president says her actions confirm people's worst suspicions about the news media.
Copyright 2022 NPR
An ABC News freelance producer gathered dirt on critics of a consulting firm's powerful clients. A former network president says her actions confirm people's worst suspicions about the news media.
Copyright 2022 NPR
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The M2 utilizes state-of-the-art Digital Engineering, 3D Additive Manufacturing,
and provides Group 5 range from a Group 3 system.
MANASSAS, Va., May 8, 2023 /PRNewswire/ -- RapidFlight, a Virginia-based unmanned aircraft manufacturing company, is proud to announce the launch of their new UAS, the M2. This innovative UAS features a high efficiency, heavy fuel engine with high-capacity generators to power various sensor, communication, and mission system payloads. Runway independent, the M2 can operate anywhere in the world to support the warfighter or first responder at the point-of-need.
"By integrating digital engineering with 3D additive manufacturing, we have been able to create a new class of affordable long range Group 3 UAS. The M2 will usher in a new era for unmanned systems, allowing for the mass production of a high-performance aircraft to meet multiple missions with previously unattainable affordability and production flexibility. This unprecedented flight demonstrates that UAS made with additive manufacturing can have uncompromised performance," said Jay Gundlach, Ph.D., RapidFlight's Chief Executive Officer.
The M2 utilizes state-of-the-art Digital Engineering and 3D Additive Manufacturing making it a unique and adaptable system that can be produced at scale. A 23-60 lb payload capacity provides flexibility with the ability to carry EO/IR, SAR, SIGINT and communication relay payloads. The modular design of the M2 simplifies operational logistics for line replaceable avionics, engines, payloads, and airframe components enabling higher operational rates at lower sustainment costs.
Designed to provide Group 5 range from a Group 3 system, the M2 offers a lightweight alternative without sacrificing endurance. Recently RapidFlight completed a 21-hour continuous flight using the M2 which has been designed to meet a maximum flight time of 36 hours.
"With this flight, we've shown it is possible to build high performance aircraft at low cost and in record time. Equally important is that we can rapidly adapt the design to other customers who might have different payloads or mission needs, without compromising our ability to produce the airplanes affordably and at scale," said Jean-Charles Ledé, RapidFlight's Chief Technology Officer.
The M2 accompanies a range of UAS that RapidFlight is designing and manufacturing in their Virginia-based facility. With industry-leading UAS fabrication time, RapidFlight can deliver capability to the field faster than ever with the M2 and future systems.
About RapidFlight
RapidFlight is an integrated designer and manufacturer of unmanned aircraft based in Manassas, Virginia. RapidFlight is accelerating the time from concept to flight while building aircraft systems that meet the demanding challenges, evolving requirements, and tight timelines that are inherent to our national security. Through next-generation manufacturing processes and a team of industry leaders, RapidFlight is ushering in a new era of aircraft manufacturing. For more information, visit www.rapidflight.aero.
Contact: Derek Lewis
Phone: 703-623-4936
Email: derek.lewis@rapidflight.aero
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SOURCE RapidFlight | https://www.wlbt.com/prnewswire/2023/05/08/rapidflight-introduces-m2-high-endurance-fixed-wing-unmanned-aircraft-system/ | 2023-05-08 19:13:22 | 1 | https://www.wlbt.com/prnewswire/2023/05/08/rapidflight-introduces-m2-high-endurance-fixed-wing-unmanned-aircraft-system/ |
How to Watch Texas A&M vs. Penn State on TV or Live Stream - NCAA Tournament First Round
Published: Mar. 16, 2023 at 12:17 PM EDT|Updated: 3 hours ago
The No. 7 seed Texas A&M Aggies (25-9) and the No. 10 seed Penn State Nittany Lions (22-13) will meet in the first round of the NCAA Tournament on Thursday at 9:55 PM. The contest airs on TBS.
Use our link to get a free trial of fuboTV, where you can watch college hoops and tons of other live sports without cable!
Texas A&M vs. Penn State Game Info
- When: Thursday, March 16, 2023 at 9:55 PM ET
- Where: Wells Fargo Arena in Des Moines, Iowa
- TV: TBS
- Live Stream select March Madness games on fuboTV: Start your free trial today!
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Texas A&M Stats Insights
- The Aggies are shooting 43.5% from the field this season, 0.5 percentage points higher than the 43% the Nittany Lions allow to opponents.
- Texas A&M has a 15-2 straight-up record in games it shoots higher than 43% from the field.
- The Nittany Lions are the 271st-ranked rebounding team in the nation, while the Aggies sit at 53rd.
- The Aggies score 73.2 points per game, just 4.8 more points than the 68.4 the Nittany Lions allow.
- Texas A&M is 16-5 when scoring more than 68.4 points.
Penn State Stats Insights
- The Nittany Lions' 46.4% shooting percentage from the field this season is 5.9 percentage points higher than the Aggies have given up to their opponents (40.5%).
- Penn State has put together an 18-8 straight-up record in games it shoots higher than 40.5% from the field.
- The Nittany Lions are the 271st-ranked rebounding team in the country, the Aggies sit at 23rd.
- The Nittany Lions' 72.3 points per game are 6.1 more points than the 66.2 the Aggies allow to opponents.
- When Penn State gives up fewer than 73.2 points, it is 17-6.
Texas A&M Home & Away Comparison
- Texas A&M is putting up 73.1 points per game at home. On the road, it is performing better on offense, averaging 73.7 points per contest.
- Defensively the Aggies have played better in home games this year, ceding 60.5 points per game, compared to 67 away from home.
- In home games, Texas A&M is draining the same number of treys per game as it is away from home (6.3). Meanwhile, it has a higher three-point percentage at home (34%) compared to on the road (33%).
Penn State Home & Away Comparison
- Penn State is scoring more points at home (75.9 per game) than away (68.4).
- In 2022-23 the Nittany Lions are allowing six fewer points per game at home (66.5) than away (72.5).
- Beyond the arc, Penn State drains fewer triples away (10.4 per game) than at home (11.1), and shoots a lower percentage away (37.9%) than at home (40%) as well.
Texas A&M Schedule
Penn State Schedule
© 2023 Data Skrive. All rights reserved. | https://www.wagmtv.com/sports/betting/2023/03/16/texas-a-m-penn-state-ncaa-tournament-live-stream-tv-first-round/ | 2023-03-17 00:28:32 | 0 | https://www.wagmtv.com/sports/betting/2023/03/16/texas-a-m-penn-state-ncaa-tournament-live-stream-tv-first-round/ |
KAPALUA, Hawaii (AP) — PGA Tour Commissioner Jay Monahan described a landscape Sunday of two rival leagues going down different paths, even as the PGA Tour is still trying to formulate plans for a revamped structure in 2024.
“We’re at a point now where it’s product versus product,” Monahan said.
He spoke in a formal setting for the first time since the Tour Championship in August, when he outlined a 2023 schedule of elevated tournaments that average $20 million in prize money.
The PGA Tour began its year at Kapalua for the Sentry Tournament of Champions. LIV Golf, the Saudi-funded league that Greg Norman launched in June, finished its inaugural year with eight tournaments.
LIV Golf does not resume until Feb. 23-26 at Mayakoba Golf Resort in Mexico, which had hosted a PGA Tour event every year since 2007. The prize fund at each LIV event is $25 million, with $5 million directed toward a team competition.
Including bonuses, Dustin Johnson made just over $35.6 million in eight events.
Since the Tour Championship, the PGA Tour suspended six more players — including British Open champion Cameron Smith and Joaquin Niemann — for signing deals to play with LIV Golf. Smith would have been the defending champion this week at Kapalua.
Outside the ropes, there’s the matter of LIV’s antitrust lawsuit against the PGA Tour, and the tour’s countersuit against LIV. The original lawsuit filed in August is not set for trial until January 2024, with a deadline to file for summary judgment at the end of June.
Monahan said he can only pay attention to what the PGA Tour is doing.
“We have our schedule. We’ve laid it out and we’re going to keep getting better and better and better,” Monahan said. “They have theirs. And we’re going to continue to be the most pro-competitive, aspirational tour in men’s professional golf.
“What they have is very different from what we have,” he said. “We’re going down our path, and they’re going down theirs.”
LIV Golf is known for its 54-hole events with no cuts and a shotgun start, combining individual scores with 12 four-man teams. The circuit is still awaiting word on whether it will receive points from the Official World Golf Ranking.
Outside of the challenge from LIV Golf, the tour is working on a restructured schedule that players hope will have some staying power of a decade or longer. Key players have referred to this year as a bridge to 2024.
The main idea is to bring the best players more often and to give fans a better sense of knowing who is playing and where. LIV Golf, for example, requires its players to be in all 14 events on its schedule, whenever that is completed.
There also is a push for smaller fields. The Sentry Tournament of Champions is the first of five events this year without a cut. The other is the Match Play in Texas, which could be on its last leg, and the three FedEx Cup postseason events.
Even if the elevated events in 2024 have limited fields, Monahan said he felt it was important that there still be a cut.
“I’ve always felt a cut is important to the sport,” he said. “Depending where we end up in the field, that’s absolutely a consideration.”
Monahan said he expects to announce a fall schedule as early as March during The Players Championship. It will be a chance for some players to secure their status for 2024, and he expects even the top players might want to compete.
___
AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://www.cbs42.com/sports/ap-pga-tour-commissioner-on-liv-its-product-versus-product/ | 2023-01-09 12:31:38 | 0 | https://www.cbs42.com/sports/ap-pga-tour-commissioner-on-liv-its-product-versus-product/ |
BUHL — The school board is exploring the option of holding classes four days per week as an increasing number of rural school districts make the switch from the traditional five-day week.
Buhl School Superintendent David Carson shared information and fielded questions about the process at a meeting Tuesday at Buhl High School. Carson hopes to get feedback from parents, school staff and students through upcoming surveys and board meetings.
“I’m not here to advocate one way or another,” Carson said. “This meeting, the intent is to just get some basic information.”
The superintendent presented details about the possible change, then spent more than an hour listening to a community conversation about how it might affect the school district as a whole.
The school board will begin gathering surveys from parents, students and staff through October before holding a public hearing in November. Ultimately, the decision is up to the board, Carson said.
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After evaluating community interest in the change, the board is expected in late November to make a decision on whether to change the long-held class schedule.
It's a complicated prospect for any school.
Several Buhl parents, staff and administrators raised questions about how lengthier school days might impact family time, as the rural geography already has some kids catching the bus at 6 a.m. and returning home at 6 p.m.
Some parents expressed concerns that the one weekday with no school would create a need to arrange for childcare for many families. Still others mentioned concern that, with 81% of kids in the district below the poverty line, there would be an extra day with no food for many kids.
Others touted the benefits of the four-day class schedule, citing increased teacher and student satisfaction and more family time for both.
One of the incentives to switching to four days, the district said, would be greater recruitment and retention of good teachers.
Anecdotal evidence reflects that teachers in such districts feel well compensated, and in many cases would opt to take a job in a four-day week district over a similar job in a district with the traditional five-day class schedule, if everything else was equal.
According to a story from Idaho Ed News, 81 out of Idaho's 126 school districts and charter schools have switched to a four-day week, with still more evaluating the switch.
Castleford, Bliss, Gooding, Shoshone and Wendell are just a few of the 15 neighboring school districts that have already gone to a four-day week.
Hansen switched to a four-day schedule more than a decade ago but later changed back. The district has since returned to a four-day schedule.
Buhl, Twin Falls, Jerome and Filer districts remain on a five-day schedule. | https://magicvalley.com/news/local/buhl-schools-mull-4-day-week/article_222a55c8-344a-11ed-9f27-d373127f5899.html | 2022-09-14 23:50:36 | 1 | https://magicvalley.com/news/local/buhl-schools-mull-4-day-week/article_222a55c8-344a-11ed-9f27-d373127f5899.html |
HOUSTON, Oct. 25, 2022 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge Energy" or the "Company") announces a full repayment in October of the Company's revolving credit facility ("Credit Facility").
The primary usage of the outstanding debt on the Credit Facility was for two acquisitions in 2021 that resulted in increased acreage of approximately 22,000 acres, added over 100 drilling locations, added cash flow generating production, and increased the Company's scope and scale. The total acquisition consideration was $457.5 million at the time of each closing. The outstanding debt on the Credit Facility at year-end 2021 was $355 million. Additionally, the Company has further reduced debt via partial repurchases of the Company's Senior Notes due 2026 and Senior Notes due 2027. Through October 24, 2022, the Company has repurchased $69 million of face-value bonds, resulting in a total debt reduction of $424 million in 2022.
As a result of the debt reduction, the Company's trailing twelve-month leverage ratio has also improved and is expected to be approximately 1.0x by year-end 2022.
"The quick pay down of the revolver following the acquisitions in 2021 is a result of Surge's strong assets, commitment to discipline, and the quality of our people," stated Chief Financial Officer James Welch. "This paydown once again positions Surge for additional growth in the future."
Surge Energy US Holdings Company is an independent oil and natural gas company focused on the development, exploitation, production and acquisition of oil and natural gas reserves in the Midland Basin of West Texas, one of three primary sub-basins of the Permian Basin. The Company is headquartered in Houston, Texas, and currently holds approximately 114,000 net acres in the Permian Basin. For more information, visit our website at www.SurgeEnergyA.com.
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SOURCE Surge Energy | https://www.wibw.com/prnewswire/2022/10/25/surge-energy-america-announces-full-repayment-revolving-credit-facility/ | 2022-10-25 14:56:09 | 1 | https://www.wibw.com/prnewswire/2022/10/25/surge-energy-america-announces-full-repayment-revolving-credit-facility/ |
A Milwaukee private school says it has filed a motion to dismiss the lawsuit filed against it last month by Craig and Kelly Robinson, the brother and sister-in-law of former first lady Michelle Obama, over issues of inclusiveness and alleged racial bias.
In a 13-page court document filed last week in a Wisconsin circuit court, the University School of Milwaukee (USM) says the case should be dismissed due to "failure to state a claim upon which relief can be granted."
Additionally, the court document argues that the school exercised its contractual right to deny the Robinson children enrollment in 2021, as school officials determined it was in the "best interest of the school."
"As you will recall from the recent media blitz, numerous false claims were made regarding racial and socioeconomic bias at the school. When initially raised, these concerns were taken very seriously, fully investigated, and ultimately found to be without merit," Steve Hancock, head of school for USM, said in a statement.
Last month, Craig and Kelly Robinson filed a lawsuit arguing that USM in 2021 expelled their two sons, who were 11 and 9 years old, despite the two children being "model, high-achieving students."
The Robinsons say this happened following concerns the couple raised about the school's treatment of its students of color. The couple says they raised concerns to school officials about what they say was USM's failure to provide the "supportive, inclusive" learning environment that was promised, according to the lawsuit.
— University School of Milwaukee (@usmsocial) May 19, 2022
However, the school argues that the couple filed the suit to get national attention and blame USM for their "eventual separation from its community," the motion to dismiss says.
The school also argues that the Robinsons omitted information regarding Kelly Robinson's behavior throughout the school term, saying she became burdensome toward teachers during the COVID-19 pandemic.
"It was clear to USM at a certain point that it could not have a productive relationship with this family," Lindsey Davis, an attorney with Quarles & Brady representing USM, told Milwaukee TV station WISN 12.
In a statement to NPR, a spokesperson for the Robinsons says they will continue to "vigorously pursue this litigation" in response to USM's decision to seek to dismiss the case.
"The University School of Milwaukee continues to demonstrate that they are unwilling to accept responsibility for their culpability in fostering a culture of racial insensitivity and bias," the spokesperson said. "The Robinsons remain confident in their case."
A hearing on the motion to dismiss the lawsuit is set for July.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.mainepublic.org/npr-news/npr-news/2022-05-24/a-school-seeks-to-dismiss-a-lawsuit-filed-by-michelle-obamas-brother-and-his-wife | 2022-05-24 20:44:54 | 0 | https://www.mainepublic.org/npr-news/npr-news/2022-05-24/a-school-seeks-to-dismiss-a-lawsuit-filed-by-michelle-obamas-brother-and-his-wife |
Authors Guide Leaders of Family Businesses Toward Thoughtful, Tailored Approaches to Preventing and Mitigating Conflict That Can Destroy Business Value
MUMBAI, India, Aug. 9, 2022 /PRNewswire/ -- Family businesses are uniquely at risk because of likely disputes among family members. But that doesn't have to be the case. Conflict can be identified, addressed, and mitigated so it does not disrupt operations or diminish business value, according to a new book from Boston Consulting Group (BCG) being published today.
In Untangling Conflict: An Introspective Guide for Families in Business, authors Janmejaya Sinha, Carol Liao, Ryoji Kimura, and Brittany Montgomery draw on their longtime experience working in corporate strategy and with family business dynamics to provide an invaluable reference manual for all family business leaders who seek better ways to deal with intra-family clashes.
Says Sinha, lead author and chairman of BCG India, "Mahatma Gandhi said, 'Peace is not the absence of conflict, but the ability to cope with it.' My coauthors and I want to enable families to discover the answers for themselves by posing questions that get past their deeply held assumptions and provoke the uncomfortable conversations they must have before conflicts arise–or get worse."
The book begins with thoughtful guidance that helps family business leaders reflect deeply on the defining attributes of their family and their relationship with the business. It then untangles the messy threads of conflict within family businesses by examining issues fraught with emotion, those related to the rights, benefits, and restrictions of ownership, and issues of business strategy.
"By exploring those three threads of conflict, our intention is to help families understand, prevent, and respond to disagreements without disrupting the business," says Liao, a senior partner and chair of BCG in Greater China.
The issues addressed in Untangling Conflict are many. There are intergenerational disputes–between "elder statemen" founders and their sons and daughters educated abroad, for instance. In family-run businesses, fights often fester over roles for in-laws and nonfamily members. Among the most serious of all clashes are those over values–for example, between a profit-minded leader and a family member who places a premium on environmental causes.
"It's essential for the long-term health of any family business to identify the most damaging patterns of contention so those conflicts can be addressed openly," says Kimura, senior partner and global leader of BCG's Corporate Finance & Strategy practice.
The book cites data from the International Finance Corporation (IFC) estimating that 80% of businesses globally are family owned. In emerging markets, notes the IFC, family businesses represent the largest source of private sector job creation and the majority of micro-, small-, and medium- sized enterprises. About 300 of the top 500 revenue-generating businesses in India and South Korea belong to families, whereas in the US and the UK, only about 7% of the top 500 businesses are family owned.
The book closes by offering tools to align expectations and reduce friction among families, nonfamily employees, and the partners of family-owned businesses.
Untangling Conflict is published by Penguin Enterprise, an imprint of Penguin Random House. Printed copies can be purchased at: https://www.amazon.in/Untangling-Conflict-Introspective-Families-Business-Hardcover/dp/0670096954.
For more information, go to: https://www.bcg.com/capabilities/corporate-finance-strategy/family-business.
To arrange an interview with one of the authors, please contact Eric Gregoire
at +1 617 850 3783 or gregoire.eric@bcg.com.
About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.
Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.
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SOURCE Boston Consulting Group (BCG) | https://www.wcjb.com/prnewswire/2022/08/09/new-book-bcg-helps-family-businesses-work-through-inevitable-conflict/ | 2022-08-09 19:30:17 | 1 | https://www.wcjb.com/prnewswire/2022/08/09/new-book-bcg-helps-family-businesses-work-through-inevitable-conflict/ |
See all Best of Atlanta 2022 winners
New Place to Browse: Heritage Walk at Crabapple Market
An irresistible little row of shops has popped up along Heritage Walk at Crabapple Market in Milton. First came Loveday Place/Artisans at Crabapple, a spacious gallery showcasing locally made merchandise from greeting cards to turned wood vessels and fine oil paintings. But the recent additions of Poe & Company Bookstore (with a carefully curated selection, specialty coffee from Brazil, and children’s story hours), Envimero (a fair-trade gift store, where you can also refill your ecofriendly laundry products or make your own candles), and the Store/Dinna Eckstein Designs (a family-minded design studio/furniture store, which ranges from retro Pac-Man tables for the kids to swanky velvet chairs for adults) have turned the strip into a destination. Milton
New Kids Store: Happy Mango
At Happy Mango’s new Westside store at the Works, expect high-end gear from brands like Nuna, UPPAbaby, and Doona mixed with fan-favorite clothing lines like Angel Dear and Magnetic Me. Owner Phnewfula Frederiksen is also a certified safety passenger technician who can help parents install new car seats. The Works
New Tattoo Parlor: Ephemeral Tattoo
For anyone who has ever wanted to get a real tattoo but was afraid of the commitment, Ephemeral Tattoo is the answer. The company, which opened its first Atlanta studio this summer, uses a proprietary ink made of medical-grade, bio-absorbable, and biocompatible polymer that is made to fade within nine to 15 months, depending on the individual’s biological response. Poncey-Highland
Designer Fashion: ANT/DOTE
Along with partner Eugene Rabkin, Atlanta native and fashion impresario Lauren Amos brings hard-to-find brands like Mad et Len and Hyke to the Westside and fills the hole Jeffrey left in Atlanta’s fashion scene. Don’t miss out on the subterranean shoe floor. Westside
New Sustainable Clothing: Reformation
In the last couple of years, many direct-to-consumer brands have opened their first Atlanta outlets—such as Lunya, Rothy’s, Allbirds, Peloton, Lovesac, and Framebridge. One DTC newcomer that might not be on your radar is Reformation, which opened this summer at Ponce City Market. This Los Angeles–based womenswear brand is committed to both fair labor practices and sustainability—using ecofriendly or deadstock fabrics. Its limited editions minimize waste and help ensure you won’t bump into someone else wearing your outfit. Ponce City Market
New Old Stuff: Mother Lode
This new vintage shop lives up to its name. Half of its warehouse is a retail store, and the rest is dedicated to refurbishing and cleaning fresh inventory—from midcentury-modern furniture to garments from almost every decade of the 20th century. Follow @motherlodeatl on Instagram to see new items and learn about special events. Decatur
West Coast Arrival: Jenni Kayne
There’s a touch of California cool in the middle of Buckhead thanks to Jenni Kayne’s eponymous clothing and home store. For those who deal strictly in neutrals, this is heaven. Soft cashmere knits, denim, and household wares will have you thinking you’ve walked into Santa Barbara, if only for a moment. Buckhead Village District
Way to Rep the ATL: Foot Locker’s Home Grown Collection
Launched last January, Atlanta’s version of Foot Locker’s Home Grown Collection features designs by a half-dozen Black-owned businesses: Humbl Hustlr, Grady Baby Co., Raunchy, the Baptist, Honor Roll, and, of course, Atlanta Influences Everything. Rep our hometown with slogans like “All This Love” or, if you’re feeling spicy, “We Full.” Merch is available on Foot Locker’s website and at area stores.
Revamp: Bottega Veneta
The Italian leather brand known for its wildly popular woven Intrecciato styles has debuted a new store at Phipps Plaza. Featuring an architecturally intricate floor with handmade terracotta tiles from Palazzo Morelli and ceramics from Richard Ginori, the store is a grand place to explore. Phipps Plaza
Nature’s Visionary: Quianah Upton
When artist Quianah Upton launched Nourish Botanica, she traveled around the city in a hand-built trailer selling dried bouquets—on a mission to reconnect people with the earth. Now, she has added a brick-and-mortar shop and offers houseplants, too. She has also launched an annual Black Girl Plant Festival and another festival celebrating the surrounding Joyland community. Next up? A vegetarian/vegan cafe. Joyland
Gifting: Odd McLean
Tucked away in Ansley Mall is Kwynn Everest’s Odd McLean, a cabinet of curiosities aka gift shop named after her grandfather. (Yes, his real name!) Browse chic accessories like Lucite boxes from Alexandra Von Furstenberg and handmade items found by Everest in places as far-flung as Greece and Colombia. Ansley Mall
Affordable Barware: CB2
Crate & Barrel’s less pricey offspring, CB2, has settled into its expansive new digs. There are many reasons to love CB2—that white bouclé sofa—but a specialty is stylish, modern barware. Look for unique glassware like elegant Porsha Smoke wine glasses ($13.95 each) and creative accessories like a space age–looking Hawthorne cocktail shaker set ($99.95). Westside Provisions
Resell: Fashionphile Selling Studio
Tucked into the second floor of Neiman Marcus Lenox Square is Fashionphile’s Selling Studio, where consignors can drop off their luxury goods to be inspected for resale on the brand’s global website. Shop while authenticators look over your goods, then return to pick up a check for your items right then and there. Lenox Square
Home Office Furnishings: Herman Miller
Now that we’re often working remotely, it’s time to step up our home office game. Pro tip: Visit the new Herman Miller retail store in the Westside Provisions District. This small showroom has a sampling of the brand’s iconic accessories, such as retro-style wall clocks, but the real reason to visit in person is to test all the desk chairs. Westside Provisions
Luxe Streetwear: Amiri
New to Phipps Plaza this year, Amiri, an L.A.-based brand, brings its interpretation of casual cool to Atlanta. Its style is a luxury riff on streetwear featuring men’s, women’s, accessories, and even kidswear, with distressed denim being a big seller. Phipps Plaza
Sectionals: Burrow
What Casper et al. did for shipped-to-your-door foam mattresses, Burrow is doing for upholstery. Their expansive, 7,450-square-foot showroom in the Westside Provisions District showcases endless combinations of midcentury-modern and Scandinavian-style seating that arrive at your home in manageably sized boxes. Also, the store’s modular approach allows for deeper inventory and faster shipping. Westside Provisions
New Record Shop: The Record Loft
Debuting in Decatur in 2021, the store now has loftier new digs in Ormewood Park. Owners Steve and Margo Tockerman have created a nicely curated, cozy neighborhood nook for vinyl crate diggers of all ages. There’s a budget-friendly array of vintage jazz, soul, and country LPs, alongside the rock and pop albums that pay the rent. Bonus: In homage to its 12-inch Atlanta ancestors, the shop uses repurposed Turtle’s record bins. Ormewood Park
Plant Pop-Up: Uprooted ATL
Plant lover Azlin Dowling, a sophomore at Maynard Jackson High School, has launched Uprooted ATL, a mobile plant shop based out of a vintage green-and-white horse trailer, which Dowling’s mom hauls to local festivals and farmers markets. Customers can browse lush greenery (Monstera deliciosa is a bestseller) nested into Dowling’s handpainted pots and homemade macrame hangers, and every new plant parent goes home with personalized care instructions.
Buckhead Village District Hits Its Stride
Three years into management by Jamestown, Buckhead Village District—previously the Shops Buckhead Atlanta—has finally settled into a reasonable name and a dynamic tenant mix. In the last calendar year, 12 new leases have helped vary the selection, which is aiming for a more contemporary feel. Luxury retailers like Veronica Beard, Interior Define, Don Purcell, Rag & Bone, and Frances Valentine have joined, with forthcoming stores for Brown & Co. Jewelers and Le Labo in the works. Additional restaurants like Planta, which has a 100 percent plant-based menu; Carmel, from the team behind Aziza; and Yeppa & Co. from the team behind Storico Fresco help give the property more of a community feel and encourage shoppers to linger, as do new pedestrian-only spaces. Long-term pop-ups like Kristen Giorgi and Sheyda Mehrara’s Impossible Currency art and design studio and events like weekend Holiday Shop & Strolls help make the area a destination, not just a shopping center. Who cares that Hermès may depart for Phipps Plaza? —Lauren Finney Harden
This article appears in our December 2022 issue. | https://www.atlantamagazine.com/bestofatlanta/best-of-atlanta-2022-buy/ | 2022-12-15 13:35:08 | 0 | https://www.atlantamagazine.com/bestofatlanta/best-of-atlanta-2022-buy/ |
SACRAMENTO (AP) _ The winning numbers in Tuesday afternoon's drawing of the California Lottery's "Daily 3 Midday" game were:
6-3-0
(six, three, zero)
SACRAMENTO (AP) _ The winning numbers in Tuesday afternoon's drawing of the California Lottery's "Daily 3 Midday" game were:
6-3-0
(six, three, zero) | https://www.sfchronicle.com/lottery/article/Winning-numbers-drawn-in-Daily-3-Midday-game-17455098.php | 2022-09-20 21:50:42 | 0 | https://www.sfchronicle.com/lottery/article/Winning-numbers-drawn-in-Daily-3-Midday-game-17455098.php |
Gabriel Jesus believes Arsenal will come back stronger after seeing their perfect start to the Premier League campaign halted by Manchester United on Sunday.
Arsenal dominated for long periods but were unable to win their first six games of a top-flight campaign for the first time since 1947-48, as Marcus Rashford followed up Antony's debut goal with a second-half brace to clinch a 3-1 win for the Red Devils.
The Gunners, who briefly got back on level terms through Bukayo Saka on the hour mark, have now won just one of their last 16 Premier League games at Old Trafford (five draws, 10 losses).
But Arsenal remain top of the early Premier League standings, and Jesus believes they will take valuable lessons from the reverse.
"The feeling is frustration because we play, we control the game and [before] the first two goals we concede, we were better than the opponent - and then we just concede," he said.
"But now is the time to learn from it and improve. We are doing so well this season but there are still things to improve for everyone, as individuals and as a team.
"Everyone is together and we stick together until the end.
"We came to play against a strong opponent and it's always hard, it's the Premier League.
"So we are not happy because, in my opinion, we could win because we played so much better. But that's football, they have quality as well and then if you don't go there and kill, you are going to have a big problem – and that's what happened."
Remarkably, given Jesus has now faced United in 10 Premier League games, the Red Devils are one of just three sides he has faced in the competition but not scored against, alongside Cardiff City and Brentford.
With Mikel Arteta leading Arsenal's youthful side to the club's joint-best Premier League start since 2004-05, when they took 16 points from their first six outings (also getting 15 points in 2013-14), Jesus believes they will still improve further.
"If you look at our team, you can see we are still young. It is the youngest team in the league, in the toughest league of the world," he added.
"We are playing so good and then we play against an opponent, who is young as well, but we have to learn from it.
"We have to stick together and improve as a team and don't think about this one. This one is gone, no one is perfect. No team in the world is perfect and we have to play to try to score and don't concede.
"That's football and we are doing this, but sometimes the opponent has quality as well. They come and they can score. Now it is our challenge to improve a lot of things, and come back strong."
Arsenal travel to FC Zurich in the Europa League on Thursday before hosting Everton in the Premier League three days later. | https://www.beinsports.com/us/premier-league/video/jesus-backs-youthful-arsenal-to-bounce-back-2/1945088 | 2022-09-05 15:36:44 | 0 | https://www.beinsports.com/us/premier-league/video/jesus-backs-youthful-arsenal-to-bounce-back-2/1945088 |
BRUSSELS – Hungary's government will be asked to provide explanations and details about its role in the transfer to the country of 11 Ukrainian prisoners of war freed by Russia, the European Union's executive arm said Wednesday.
The liberation of the POWs has created further tensions between Ukraine and Hungary's government, which is led by Prime Minister Viktor Orbán and is one of the most friendly toward Moscow of the EU's 27 nations. Budapest has repeatedly expressed its opposition to the bloc's sanctions against Russia.
Ukraine has blamed Hungary for barring access to the prisoners, and the country's foreign ministry said it wasn't informed about the negotiations leading to their liberation.
“It is very important that the relevant Hungarian authorities involved in this case, and active in this case, explain to their Ukrainian counterparts what happened, how it happened, what was the role of Hungary, who was involved, who was not involved, how this was managed,” European Commission spokesman Peter Stano said.
Ukraine's Foreign Ministry said earlier this week that its attempts to establish direct contact with the prisoners have failed, and that they were kept in isolation.
“This, as well as the information received from the relatives of some of them, shows that the assurances of the Hungarian authorities about the allegedly free status of Ukrainian defenders in Hungary are not true,” it said.
Hungarian Foreign Minister Péter Szijjártó has said the prisoners can move freely and communicate with whomever they want. According to the Ukrainian Foreign Ministry, three of them have been brought back to Ukraine on Tuesday,
Zoltán Kovács, Hungary’s state secretary for international communication, said that the Hungarian government had nothing to do with the liberation of the prisoners, who are ethnic Hungarians from the western Ukrainian region of Transcarpathia.
“The cooperation between the Russian Orthodox Church and the Hungarian Charity Service of the Order of Malta had led to the release of 11 prisoners of war, without the involvement of the Hungarian government,” he said.
Budapest has vocally opposed sanctions against Moscow, arguing they have done more damage to EU countries than to Russia, and has refused to provide Ukraine with weapons or allow their transfer across its border with Ukraine.
Earlier this year, Szijjártó called on Ukraine’s government to respect the rights of the Hungarian ethnic minority in Transcarpathia, where he said ethnic Hungarians had recently been victims of “concentrated attacks” by local authorities.
___
Justin Spike contributed to this story from Budapest, Hungary.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://www.wsls.com/news/world/2023/06/21/what-was-hungarys-role-in-freeing-ukrainian-pows-from-russia-the-european-commission-wants-to-know/ | 2023-06-21 17:19:15 | 0 | https://www.wsls.com/news/world/2023/06/21/what-was-hungarys-role-in-freeing-ukrainian-pows-from-russia-the-european-commission-wants-to-know/ |
Robust educational offerings on AI and cybersecurity, cyber insurance trend, staffing and more, plus CompTIA Cybersecurity Trustmark workshops
DOWNERS GROVE, Ill., July 25, 2023 /PRNewswire/ -- A full measure of cybersecurity content and conversations await attendees at CompTIA ChannelCon 2023, the technology industry's premier annual conference for vendor-neutral collaboration, innovative ideas and actionable advice Aug. 1-3 in Las Vegas.
"Cybersecurity permeates every aspect of an organization, from the staff they employ and the operations they practice, to the technologies they use and the customers and partners they engage with," said MJ Shoer, chief community officer, CompTIA. "At ChannelCon, we'll offer a comprehensive education track that covers these areas and more."
Highlighting the programming is a power panel on the State of Cybersecurity, where leading experts will discuss the cyber trends to watch as companies deal with an expanding threat landscape.
Other sessions will explore how upskilling current staff can help organizations overcome the crunch in cybersecurity talent; current trends and future directions in the cyber insurance market; and how artificial intelligence is revolutionizing digital defenses.
Also planned for ChannelCon are a series of workshops related to the CompTIA Cybersecurity Trustmark. This organizational accreditation for managed service providers and solutions providers validates they have met or exceeded industry-accepted best practices and standards in cybersecurity.
"The workshops will prepare organizations for the rigorous accreditation process they will go through to earn the CompTIA Cybersecurity Trustmark," said Wayne Selk, vice president, cybersecurity programs, CompTIA, and executive director of the CompTIA Information Sharing and Analysis Organization (ISAO). "This includes developing roadmaps and strategies to create a cybersecurity-first mindset; writing effective cybersecurity policies; understanding the world of business risks; and more."
In addition to the cybersecurity track ChannelCon will feature a mix of collaborative sessions on workforce tactics to help build your business, tools for tech vendors, and sales and marketing strategies. Complete conference details and registration options are available CompTIA ChannelCon 2023. For the latest news from the conference visit the ChannelCon Virtual Press Office.
About CompTIA
The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the estimated 75 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world's economy. Through community, education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for unlocking the potential of the tech industry and its workforce. http://Connect.CompTIA.org
Media Contact
Steven Ostrowski
CompTIA
sostrowski@comptia.org
630-678-8468
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SOURCE CompTIA | https://www.weau.com/prnewswire/2023/07/25/cybersecurity-takes-center-stage-comptia-channelcon-2023/ | 2023-07-25 16:19:40 | 0 | https://www.weau.com/prnewswire/2023/07/25/cybersecurity-takes-center-stage-comptia-channelcon-2023/ |
Updated October 29, 2022 at 10:06 AM ET
MOGADISHU, Somalia — Two car bombs exploded Saturday at a busy junction in Somalia's capital near key government offices, leaving "scores of civilian casualties," police told state media. The attack came five years after a massive blast at the same location.
The Somalia National News Agency cited national police spokesman Sadiq Dodishe on the toll. The attack in Mogadishu occurred on a day when the president, prime minister and other senior officials were meeting to discuss combating violent extremism, especially by the al-Qaida-affiliated al-Shabab group that often targets the capital.
There was no immediate claim of responsibility.
An Associated Press journalist at the scene saw "many" bodies and said they appeared to be civilians traveling on public transport. He said the second blast occurred in front of a busy restaurant. Images from the scene showed crushed tuk-tuks and other vehicles.
The director of the Aamin ambulance service told the AP they had collected many wounded or killed. One of the ambulances responding to the attack was destroyed by the second blast, Abdulkadir Adan added in a tweet.
The Somali Journalists Syndicate said one journalist was killed and two others wounded.
The attack occurred at Zobe junction, which was the scene of a huge al-Shabab truck bombing in 2017 that killed more than 500 people.
Al-Shabab often targets high-profile locations. Saturday's blast occurred near the education ministry, which the extremists stormed in 2015, and the foreign ministry.
Somalia's government has been engaged in a high-profile new offensive against the extremist group that the United States has described as one of al-Qaida's deadliest organizations. Somalia's president has described it as "total war" against the extremists, who control large parts of central and southern Somalia and have been the target of scores of U.S. airstrikes in recent years.
The extremists have responded by killing prominent clan leaders in an apparent effort to dissuade support for that government offensive.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.nepm.org/national-world-news/national-world-news/2022-10-29/2-car-bombs-leave-scores-of-casualties-at-an-intersection-in-somalias-capital | 2022-10-29 15:19:40 | 0 | https://www.nepm.org/national-world-news/national-world-news/2022-10-29/2-car-bombs-leave-scores-of-casualties-at-an-intersection-in-somalias-capital |
GRAND RAPIDS, Mich. (WOOD) – This past weekend, King Charles III joined the expansive and historic list of people to lead the United Kingdom, stretching back more than a millennium.
Stateside, our official ties with the commonwealth ended with King George III and the British defeat in the Revolutionary War. But George wasn’t necessarily America’s last “king”: A man with ties to Michigan claimed that title.
The story involves a remote Michigan island and the chaos within the Church of Latter-Day Saints in the wake of Joseph Smith’s death.
WHO IS JAMES JESSE STRANG?
James Jesse Strang, born in New York in 1813, was said to be a man of many talents. By the time he was 23, he had been admitted to the New York State Bar before going on to serve as a postmaster and the owner/editor of a newspaper.
But some historians have assigned him yet another occupation: con man.
Doug Gordon with Wisconsin Public Radio detailed Strang’s move to Michigan. He claims Strang was already “using people’s confidence” in New York when he “disappeared” from the state in the summer of 1843.
“Strang supposedly sold some land in Ohio that didn’t really exist. When the buyer came to western New York and learned that he had been the victim of a con, Strang faked his own death and left town in a hurry,” Gordon wrote.
Strang moved to Burlington, Wisconsin, approximately 600 miles away. While in the Midwest, Gordon says Strang had also spent time in Nauvoo, Illinois. The now-small city once rivaled Chicago as a growing area in Illinois. It was also a major hub for the Mormon Church.
By 1844, the once-athiest Strang had converted and was named an elder in the Mormon Church. After Smith was assassinated, Strang came forward with a letter — claimed to have been written by Smith — that Strang would be his successor.
Strang claimed that he had also received a vision appointing him the “seer, revelator and prophet” of the church. Also, much like how Smith was led to the golden plates that contained the sacred text of the Book of Mormon, Strang claimed he was led to a set of brass plates in Burlington.
“These plates were written in a language that only one person on Earth had the ability to read, thanks to a ‘miracle.’ That person was James Jesse Strang,” historian Miles Harvey told WPR.
Brigham Young and other church leaders denounced Strang as an imposter and expelled him from the church. But his claims still earned him a relatively large number of followers.
MOVING TO MICHIGAN
In the years following Smith’s death, Strang had moved his congregation to Beaver Island in northern Lake Michigan and founded the city of St. James. After the move to Michigan, Strang allegedly found another set of plates known as the “Plates of Laban.” Among other things, the plates sanctioned polygamy and ordered Strang to undergo a coronation to be named King James I.
Strang’s first wife and their three children left the settlement in 1851. He married four more women and bore nine more children, four of which were born after his death.
The Strangites, as his followers came to be known, interrupted life in northern Michigan for many communities, not only upsetting many people with their different practices, but by taking over many prized fishing lanes and shipping businesses. Strang was also able to leverage his influence in the area to be voted in as a member of the Michigan House of Representatives, winning elections in 1852 and 1854.
Lissa Edwards with Traverse Magazine says Strang used that influence in other political arenas, as well.
“Strang had under his control the largest voting bloc in the vast but nearly empty Michilimackinac County (stretching from southern Manistee County through Marquette in the Upper Peninsula),” Edwards wrote. “As such, he also had the power to decide elections. It wasn’t long before Strangites held all of their township offices and a number of county ones.”
The newly elected authorities stirred up a lot of dissent in their communities, focusing the backlash on their faith. Strang’s religious zeal pushed it over the top.
“Strang’s Doctrine of Consecration stirred up anti-Mormon sentiment even more,” Edwards wrote. “In religious terms, the doctrine explained how Mormons, as God’s chosen people, would inherit the Earth. In reality, it translated into permission to steal everything from fishing nets to boats — a habit that earned the Mormons repute as Great Lakes pirates. While historians feel that Strang’s colony became the scapegoat for anything that was lost, stolen or destroyed around the Great Lakes, the Mormons were clearly guilty in some cases.”
Strang faced several lawsuits for his religious decrees, even drawing the ire of Washington D.C. A report from Michigan History Magazine explained how President Millard Fillmore asked the U.S. district attorney to seek several charges against Strang, including murder and treason. The “king” was able to beat the charges, further cementing the support from his followers.
There wasn’t uniform obedience, however. Strang regularly issued very specific decrees, including one that forced women to dress only in loose, knee-length smocks over “modest pantaloons.” When one woman refused to comply, Strang had her husband whipped as punishment.
That man, Thomas Bedford, became part of a group of disaffected followers that put together the plot to ambush and assassinate Strang.
STRANG’S DEMISE
On June 16, 1856, the U.S. steamer Michigan docked at the St. James Harbor. Later that day, the ship’s commander, Charles McBlair, sent a messenger to invite Strang to the boat. Around 7 p.m., Strang and the messenger arrived at the pier to enter the ship.
According to a newspaper report from the Northern Islander, Bedford and Alexander Wentworth took the two by surprise on the pier.
“Two assassins approached in the rear, unobserved by either of them, and fired upon Mr. Strang with pistols,” the article read.
Strang was shot three times — twice in the head and once in the back — before the assassins fled to the steamer and claimed sanctuary. According to Harvey, several officers aboard the boat witnessed the attack, but no one tried to warn or help Strang.
“He was assassinated by his own people with the help probably of the U.S. government and the state of Michigan,” Harvey told WPR.
Edwards says that, following the shooting, McBlair took the two assassins to Mackinac Island. They were reportedly held in jail for a short period of time and given a brief hearing but were eventually released to a crowd of people celebrating the attack. The two men were never tried for murder.
Gravely wounded, Strang was taken back to his parents’ home in Wisconsin to try to be nursed back to health. He eventually passed away from his injuries on July 9, 1856. He was 43 years old.
Even with his death near, Strang refused to name a successor. He did, however, issue some final demands, including telling his followers to stick to their beliefs and to not resort to violence.
After the attack, many members of the surrounding community came to Beaver Island to drive the Strangites away. But instead of a fight, Strang’s followers agreed to leave, scattering across the Midwest and effectively ending the movement. | https://www.texomashomepage.com/news/national-news/the-story-of-americas-last-king-and-why-his-followers-turned-on-him/ | 2023-05-14 17:38:51 | 1 | https://www.texomashomepage.com/news/national-news/the-story-of-americas-last-king-and-why-his-followers-turned-on-him/ |
___
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Whether you are an avid camper or just love the outdoors, mosquitos can really put a damper on the fun.
Thermacell mosquito repellers can help combat these pests and they are on sale on Amazon for up to 24% off.
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Dawn Magyar can be reached at dmagyar@njadvancemedia.com. Have a tip? Tell us at nj.com/tips. | https://www.nj.com/shopping-deals/2023/06/amazon-deals-thermacell-repellers-are-up-to-24-off-for-a-mosquito-free-summer.html | 2023-06-05 22:38:44 | 1 | https://www.nj.com/shopping-deals/2023/06/amazon-deals-thermacell-repellers-are-up-to-24-off-for-a-mosquito-free-summer.html |
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BEIJING (AP) — Asian stock markets were mixed Monday ahead of a U.S. economic update this week that is expected to show growth slowing.
Shanghai and Hong Kong declined while Tokyo advanced. Oil prices fell.
Wall Street's benchmark S&P 500 index gained 0.1% on Friday but ended with a small loss for the week.
U.S. data Thursday are expected to show first-quarter economic growth weakening after interest rate hikes aimed at cooling business activity and inflation. That might encourage the Federal Reserve to postpone or scale down more possible rate hikes at its May meeting.
France and Germany report economic growth Friday following surveys that show European factory activity declining.
“There is no doubt that the global economy is weakening and vulnerable to further slowing,” Clifford Bennett of ACY Securities in a report.
The Shanghai Composite Index lost 0.5% to 3,285.81 while the Nikkei 225 in Tokyo advanced 0.3% to 28,646.39. The Hang Seng in Hong Kong retreated 0.6% to 19,953.05.
The Kospi in Seoul sank 0.8% to 2,524.08 and Sydney's S&P-ASX 200 lost 0.1% to 7,320.90. New Zealand advanced while Singapore declined.
Forecasters expect Thursday's data to show U.S. economic growth decelerated to 2% in the first three months of 2023 from 2.6% in last year's final quarter.
Traders are watching whether the Fed and other central banks can rein in inflation that was near multi-decade highs without tipping the global economy into recession. The Fed is expected to raise its key lending rate one more time at its May meeting and then take a break.
On Friday, the S&P 500 rose to 4,133.52. The Dow Jones Industrial Average gained 0.1% to 33,808.96. The Nasdaq composite added 0.1% to 12,072.46.
Health care companies and consumer product makers gained ground, offsetting losses in banks, technology stocks and elsewhere. Truist Financial and KeyCorp, two of the larger regional banks, were among the biggest decliners in the S&P 500. Truist fell 6% and KeyCorp ended 3.7% lower.
Investors focused on the corporate earnings and forecasts.
Companies have been beating Wall Street forecasts. Analysts had forecast this would mark the sharpest drop in S&P 500 earnings per share since the pandemic stunned the economy in 2020. Analysts polled by FactSet expect profits to contract by 6.3% for companies in the S&P 500.
Coca-Cola reports results Monday, followed Tuesday by McDonald’s and Google’s parent, Alphabet.
Airplane maker Boeing and Meta Platforms, Facebook’s parent, report Wednesday. Investors get details on the health of the airline industry when American Airlines and Southwest Airlines report Thursday, along with internet retail giant Amazon.
In energy markets, benchmark U.S. crude lost 71 cents to $77.16 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 50 cents on Friday to $77.87. Brent crude, the price basis for international oil trading, shed 71 cents to $80.75 per barrel in London. It gained 56 cents the previous session to $81.66.
The dollar gained to 134.44 yen from Friday's 134.21 yen. The euro rose to $1.0980 from $1.0977. | https://www.sfchronicle.com/news/world/article/stock-markets-today-asian-stocks-mixed-ahead-of-17914270.php | 2023-04-24 05:12:41 | 0 | https://www.sfchronicle.com/news/world/article/stock-markets-today-asian-stocks-mixed-ahead-of-17914270.php |
NEW YORK, June 24, 2023 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Luminar Technologies, Inc. (NASDAQ: LAZR) between February 28, 2023 and March 17, 2023, both dates inclusive (the "Class Period"), of the important July 25, 2023 lead plaintiff deadline.
SO WHAT: If you purchased Luminar common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Luminar class action, go to https://rosenlegal.com/submit-form/?case_id=14243 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 25, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements regarding the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Luminar had misappropriated an image of a competitor's photonic integrated circuit to market the Company's own products and capabilities; (2) the foregoing conduct subjected the Company to a heightened risk of, among other things, litigation and/or regulatory enforcement action; (3) all the foregoing, once revealed, was likely to negatively impact Luminar's business and reputation; and (4) as a result, the Company's public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Luminar class action, go to https://rosenlegal.com/submit-form/?case_id=14243 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
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cases@rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wlbt.com/prnewswire/2023/06/24/rosen-top-ranked-global-counsel-encourages-luminar-technologies-inc-investors-secure-counsel-before-important-deadline-securities-class-action-lazr/ | 2023-06-24 18:49:13 | 0 | https://www.wlbt.com/prnewswire/2023/06/24/rosen-top-ranked-global-counsel-encourages-luminar-technologies-inc-investors-secure-counsel-before-important-deadline-securities-class-action-lazr/ |
NEW YORK, June 9, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in IonQ, Inc. ("IonQ" or the "Company") (NYSE: IONQ) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of IonQ investors who were adversely affected by alleged securities fraud between March 30, 2021 and May 2, 2022. Follow the link below to get more information and be contacted by a member of our team:
IONQ investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in IonQ during the relevant time frame, you have until August 1, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kait8.com/prnewswire/2022/06/09/ionq-lawsuit-alert-levi-amp-korsinsky-notifies-ionq-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-09 11:05:26 | 0 | https://www.kait8.com/prnewswire/2022/06/09/ionq-lawsuit-alert-levi-amp-korsinsky-notifies-ionq-inc-investors-class-action-lawsuit-upcoming-deadline/ |
PASADENA, Calif., July 25, 2022 /PRNewswire/ -- Nationwide – Clinivate, LLC ("Clinivate") recently experienced a data security incident that may have involved the protected health information of individuals within Clinivate's electronic health record system. On July 22, 2022, Clinivate sent letters to the potentially impacted individuals to notify them about this incident.
On March 23, 2022, Clinivate discovered unusual activity in its digital environment. It immediately launched an investigation with the assistance of a leading independent digital forensics firm. Through this investigation, Clinivate learned on May 25, 2022, that certain systems and files containing personal information were accessed without authorization between March 12, 2022, and March 21, 2022.
The impacted information may have included individuals': names, Social Security numbers, medical record numbers, health plan beneficiary numbers, treatment information, diagnosis information, other medical information, and/or information relating to payment(s) for the provision of health care.
As soon as Clinivate discovered this unusual activity, it took steps to secure the environment, investigate, review the impacted data, and enhanced security measures to help prevent a similar incident from occurring in the future. Clinivate also notified the Federal Bureau of Investigation and will fully cooperate with any investigation.
Additionally, Clinivate is providing impacted individuals with information on steps they can take to help protect their personal information and offering some eligible impacted individuals complimentary identity monitoring and protection services through IDX, a data security and recovery services expert.
If you have any questions or need assistance, please contact 1-833-423-0593, Monday through Friday from 6:00 AM to 6:00 PM Pacific Time, excluding major U.S. holidays, or visit https://response.idx.us/clinivate. Representatives are fully versed on this incident and can help answer questions about the incident.
Please accept Clinivate's sincere apologies and know that it deeply regrets any worry or inconvenience that this may cause.
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SOURCE Clinivate | https://www.weau.com/prnewswire/2022/07/26/clinivate-provides-notice-data-security-incident/ | 2022-07-26 01:26:31 | 1 | https://www.weau.com/prnewswire/2022/07/26/clinivate-provides-notice-data-security-incident/ |
TYLER, Texas (KETK) – Everyone’s heard a version of the phrase “Red touch yellow, kill a fellow; red touch black, friend of Jack,” but this iconic mnemonic device isn’t as useful as you think.
The rhyme is meant to help distinguish the venomous Texas coral snake, which has red stripes next to yellow stripes, from similar looking snakes like nonvenomous milk snakes, which have red stripes touching black stripes.
While the seemingly ubiquitous rhyme is helpful enough in parts of the United States where we have the Texas coral snake, it’s not so helpful in other areas, according to an article from the Texas A&M AgriLife Extension on how to identify venomous and nonvenomous snakes.
If you’re travelling abroad this summer, it’s important to know the famous rhyme won’t get you far internationally. In places like Mexico, Central America and South America there are coral snakes that actually have red stripes touching white rings and even coral snakes with red rings touching black rings.
Those snakes will still be venomous to you despite what the rhyme says, so it’s best to know what kinds of venomous snakes live in your area.
To help Texans identify the 15 species of venomous snakes they may encounter, the Texas Department of Parks and Wildlife described what they look like and where you could find them.
Here’s some info KETK put together to help Texans avoid those snakes:
Copperheads
Copperheads have a lighter colored body with crossbands that are chestnut or reddish-brown. They are rare in dry places because they stick to rocky areas and wooded bottom lands. They can be seen in lots covered in weeds, as well as by rivers and streams in the springtime.
In Texas, there are three subspecies of copperhead to look out for:
- The Southern copperhead is 20 to 30 inches long and can be found in the eastern third of Texas.
- The Broadbanded copperhead is around two feet long and can be found across western and central Texas.
- The Trans-Pecos copperhead is also 20 to 30 inches long and can be found in the southern section of the Trans-Pecos area in west Texas by springs.
Cottonmouths
Cottonmouths, also known as “water moccasins,” come in different colors like dark brown, olive-brown, olive-green or even nearly solid black. They have dark wide bands which vary in distinctness by individual snake, and juveniles are more brightly marked.
The only subspecies of species of cottonmouth native to Texas is the Western Cottonmouth. The cottonmouth has white flesh in its mouth (hence the name) and their heavy bodies are around three and a half feet long.
They can be found across East Texas in swamps, coastal marshes, waterways, rivers, streams and ponds.
Rattlesnakes
Texas has two groups of rattlesnake, seven in the genus Crotalus and two in the genus Sistrurus.
- The Western diamondback is a three-and-a-half to four-and-a-half foot long brown snake with diamond-shaped markings down the middle of its back and black and white rings on its tail. This snake can be found in almost all of Texas except the most eastern part. It is the most widely found venomous snake in all of Texas.
- The Timber rattlesnake is a four-and-a-half foot long heavy-bodied snake that is brown or tan with dark and wide crossbands. It’s also called the Canebreak rattlesnake and its tail is totally black. This snake can be found in east Texas in wooded areas of wet bottomlands.
- The Mottled Rock rattlesnake is a small, slender two-foot-long snake that can be found in the mountains of west Texas. It has a pinkish or light bream background and wide spaced dark crossbands and mottled areas between those crossbands.
- The Banded Rock rattlesnake looks like the Mottled Rock rattlesnake only in darker green and is only found in the westernmost tip of Texas.
- The Blacktail rattlesnake is a three-and-a-half foot long gray to olive green snake with a black tail and dark blotches down it’s back. It can be found in bushes and rocky ledges through central and west Texas.
- The Mojave rattlesnake is a snake that has markings similar to the western diamondback but its more slender and smaller.
- The Prairie rattlesnake is a greenish or grayish three-foot-long snake that has rounded blotches along the center of its back. They can be found in the western third of the state in plains grasses.
- The Western massasauga is a two-foot-long light gray snake that has brown blotches that go down the middle of its back and smaller blotches on its sides. They are found in central Texas grasslands, marshes and swamps.
- The Desert massasauga is lighter, smaller and slenderer than its Western relative and its found in the Trans-Pecos region, the western Panhandle and the lower Rio Grande Valley.
Coral Snakes
There’s only one coral snake species in Texas, the aptly named Texas Coral snake. It’s a two-and-a-half foot or shorter snake with a small head and round pupils. The famous pattern of a wide black ring, thin yellow ring and wide red ring is an easy sign to avoid this snake. This snake is in the same family as the cobras found in Asia in Africa. It can be found in the woodlands, canyons and coastal plains of the southeast half of Texas.
Avoiding venomous snakes
TPWD gave the following tips for avoiding venomous snakes:
- Keep your lawn cut low
- Remove brush, wood and debris around your home
- Wear shoes when outside
- Don’t put your hands in places you can’t see them
- Be careful when you step over fallen logs and rocks
- Be careful by creek banks and underbrush
Whether you’re hiking through the desert of west Texas or walking through the piney woods of east Texas, it’s important to know the signs of a venomous snake. It’s more important to know that most snakes are more afraid of you than you are of them, so if you avoid them, they will most likely avoid you and you’ll both be safer for it.
If you do get bit, visit the Centers for Disease Control has instructions online for snake bite first aid. | https://www.texomashomepage.com/top-news/red-and-yellow-kill-a-fellow-how-to-actually-tell-which-texas-snakes-are-venomous/ | 2023-06-12 17:48:32 | 1 | https://www.texomashomepage.com/top-news/red-and-yellow-kill-a-fellow-how-to-actually-tell-which-texas-snakes-are-venomous/ |
Employees of Companies Partnering with Ancora Education Will Have Access to a 50% Tuition Discount on Online College Programs Offered through Miller-Motte College, Part of the Ancora Education Network of Post-Secondary Education Schools
CHATTANOOGA, Tenn., May 3, 2022 /PRNewswire/ -- To help improve the lives of individuals and families living in the communities it serves, Ancora Education has launched a new low-cost tuition program that provides a 50% discount on its online college program offerings to employees who work for companies participating in Ancora's Preferred Employer Partnership program. Employees and their immediate family members have access to the reduced rate through Miller-Motte College, which is part of the Ancora Education network of post-secondary education schools. The program is of no cost to employers and is only available for online programs.
"Because we know firsthand at Ancora Education what a post-secondary education can mean to a family, this initiative is so important. Research shows that people with a post-secondary education – whether that's graduating from a four-year college, earning an associate's degree, learning a skilled trade, or taking a training program for things like a CDL or Medical Assisting license – often experience lower unemployment and poverty rates, and are healthier, mentally and physically," said Andrea Snow, Senior Vice President, Academics & Career Services, Ancora Education network of private post-secondary schools and parent company to Miller-Motte. "Providing a low-cost avenue to education is invaluable to our communities and the families we serve."
Students working for an Ancora Preferred Employer Partner will have access to hands-on training and educational classes at half the cost through Ancora Education's Miller-Motte College brand of post-secondary education schools. Miller-Motte's career-focused, online vocational programs fall into four categories:
- Healthcare: Healthcare Information Technology, Pharmacy Technician, Medical Billing & Coding, Allied Health Management
- Technology: Cyber Security, IT Support Specialist
- Education: Early Childhood Education
- Business: Human Resources Management, Marketing, Business Administration, Accounting
The programs listed above include, five bachelor degree offerings including a Bachelor of Science in Allied Health Management, Bachelor of Science in Accounting, Bachelor of Science in Human Resource Management, Bachelor of Science in Business Administration, and Bachelor of Science in Marketing.
Benefits for All
Employees and employers benefit from the discount tuition program. Employees and their immediate family members have an opportunity to improve their lives through education at a reduced cost they can afford. For employers, the program:
- Provides an employee benefit that other businesses may not offer employees.
- Is of no cost and does not affect their bottom line.
- Fosters employee loyalty.
- Requires minimal effort to implement.
Queens Medallion Leasing, a New York City taxi fleet, is one of Miller-Motte's first employer partners to participate in the program. The program includes access to Miller-Motte's online offerings, including two new bachelor degree programs.
"The gift of education is a meaningful benefit for our employees. We have decided to extend the program to our drivers as well, who are independent contractors. In our conversations with drivers we have learned that it is a burden to pursue an advanced education due to expensive college tuition. Through this partnership we have implemented an easy way for us to show our employees and drivers that as a company we understand the importance of education and family ," said Danielle DiTomo of Queens Medallion Leasing (QML), a New York taxi company. "Providing this benefit to our employees and our contract drivers and their families is something we are proud to be able to offer."
The Preferred Employer Partner Tuition Discount is only available through Miller-Motte's online programs. In order to receive the discount, a current employee or applicable immediate family member must provide proof of current employment or immediate family members' current employment at the point of enrollment. The tuition discount is applied equally across each billing term and may impact federal financial aid eligibility.* Applicants must meet the admissions requirements to enroll.
*Financial Aid available to those who qualify.
**Online programs are delivered through the Chattanooga TN campus. Miller Motte College located in Chattanooga, Tennessee and Miller Motte College branch campuses have been approved by the State of Tennessee to participate in the National Council for State Authorization Reciprocity Agreements (NC-SARA). NC-SARA is a voluntary, regional approach to state oversight of post-secondary distance education. Online programs not available to residents of CA state.
About Ancora Education
Ancora Education is a Texas-based group of private, post-secondary schools in convenient locations throughout Arizona, Georgia, Louisiana, North Carolina, Oklahoma, Pennsylvania, South Carolina, Tennessee, and Texas. Ancora Education specializes in allied health, wellness, nursing, IT, business and management, CDL truck driving, professional trades, security, skilled trades, and art and design. Ancora brands include Ancora Education, Arizona Automotive Institute (AAI), Berks Technical Institute (BTI), Edge Tech Academy, McCann School of Business & Technology, Miller-Motte College (MMC) and South Texas Vocational Technical Institute (STVT).
www.ancoraeducation.com
About Miller-Motte College
Miller-Motte College has convenient locations located across the country and offers training programs in Business, Healthcare, and Skilled Trades. Miller-Motte College also has online learning for those interested in pursuing careers in Healthcare, Technology, Education and Business. Graduates have access to Career Assistance which includes guidance from our Career Services team, resume updates, workshops, and more. Learn more at www.miller-motte.edu.
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SOURCE Ancora Education | https://www.wkyt.com/prnewswire/2022/05/03/ancora-education-launches-low-cost-college-tuition-initiative-help-individuals-families-improve-their-lives-through-education/ | 2022-05-03 18:02:57 | 0 | https://www.wkyt.com/prnewswire/2022/05/03/ancora-education-launches-low-cost-college-tuition-initiative-help-individuals-families-improve-their-lives-through-education/ |
Juana Summers is a political correspondent for NPR covering race, justice and politics. She has covered politics since 2010 for publications including Politico, CNN and The Associated Press. She got her start in public radio at KBIA in Columbia, Mo., and also previously covered Congress for NPR.
Justine Kenin is an editor on All Things Considered. She joined NPR in 1999 as an intern. Nothing makes her happier than getting a book in the right reader's hands – most especially her own. | https://www.kasu.org/health-science/health-science/2023-05-24/what-one-author-says-a-post-roe-u-s-reveals-about-planned-parenthood | 2023-05-24 22:26:49 | 1 | https://www.kasu.org/health-science/health-science/2023-05-24/what-one-author-says-a-post-roe-u-s-reveals-about-planned-parenthood |
TAMPA, Fla. (WFLA) — With Election Day less than a month away, deadlines are coming quickly for Floridians who want to cast their ballot.
Here is what you need to know ahead of Election Day in Florida:
- Tuesday is the last day to register to vote in the upcoming election.
- If you would like an absentee ballot, you must request it by Oct. 29. All absentee ballots must be returned either in person or be received by Nov. 8 at 7 p.m.
Here’s when early voting begins across the Tampa Bay area:
- Oct. 24: Hillsborough, Pinellas, Sarasota, Polk, DeSoto and Manatee counties.
- Oct. 26: Hernando and Pasco counties.
- Oct. 27: Highlands and Hardee counties.
- Oct. 28: Citrus County.
Election Day is Tuesday, Nov. 8. | https://www.wfla.com/news/politics/heres-what-you-need-to-know-ahead-of-election-day-in-florida/ | 2022-10-11 01:15:54 | 0 | https://www.wfla.com/news/politics/heres-what-you-need-to-know-ahead-of-election-day-in-florida/ |
LONDON, Feb. 6, 2023 /PRNewswire/ -- ECARX (Nasdaq: ECX), a global mobility tech provider, and SiEngine[1], a leading automotive semiconductor company and investee of ECARX, have established a strategic collaboration with FAW, a leading automaker in China, to work on the development of world-leading high-performance digital cockpits based on the SE1000 System-on-the-Chip (SoC) from SiEngine. The new digital cockpit is planned for mass production by the end of 2023 and will roll out to empower FAW vehicles.
The SE1000 SoC utilizes a 7nm AI processor combined with 8.8 billion transistors specifically designed for use in digital cockpits to meet the high performance, high reliability, and high security needs of automotive-grade hardware.
SE1000 adopts the industry-leading multi-core heterogeneous architecture design and high-performance computing cluster, with 8-core CPU, 14-core GPU, and independent NPU with 8 TOPS AI computing power, which can support the development of intelligent driving functions, providing a high computing power foundation for the digital cockpit computing platform. At the same time, its powerful audio and video processing capabilities can support up to seven high-definition screen outputs and 12 video signal inputs, and it is the first in the industry to be equipped with dual HiFi 5 DSP processors. SE1000 also has built-in independent function safety islands and information safety islands. Different processor clusters independently serve different functional domains and integrate system safety functions of ASIL-B level, greatly improving the real-time, safety and data privacy of the system.
The ECARX high-performance digital cockpit computing platform demonstrates ECARX's extensive technical know-how and integrated customer-service approach, combined with its mass production experience developed from the 3.7 million cars already on the road with ECARX technology onboard. By leveraging the synergy between ECARX's self-developed in-vehicle operating system and full-stack safety solution, the platform can give full play to the superior computing power of the SE1000 SoC. The platform is also the first in the digital cockpit field to adopt LPDDR5 high-speed memory modules, significantly increasing processing speed to bring excellent performance experience.
Ziyu Shen, Chairman and CEO of ECARX, and Chairman of SiEngine, said, "By combining ECARX hardware and software into a single computing platform, our new product maximizes performance, empowering global brands to create differentiated and personalized digital cockpit solutions. Chips and software are the cornerstones of automobile intelligent transformation." He continued, "SE1000 is an advanced technology breakthrough, benchmarking against global leading products in design, processes, and performance. This collaboration with FAW recognizes the technology strength of both the ECARX computing platform and the SiEngine SE1000, with the potential to significantly grow ECARX's reach."
The collaboration between ECARX, FAW, and SiEngine is another important strategic milestone after ECARX listed on the Nasdaq on 21 December 2022. The platform marks the next step in ECARX's mission to deliver a world-class vertically integrated full-stack computing system designed to reshape the future of smart mobility. Combined with the SE1000 SoC, the computing platform will provide consumers with a safer and more personalized intelligent travel experience. It is expected that two FAW Hongqi models equipped with the digital cockpit computing platform will be mass produced by the second half of 2023.
About ECARX
ECARX (Nasdaq: ECX) is a global mobility-tech provider partnering with OEMs to reshape the automotive landscape as the industry transitions to an all-electric future. As OEMs develop new vehicle platforms from the ground up, ECARX is developing a full-stack solution – central computer, System-on-a-Chip (SoCs) and software to help continuously improve the in-car user experience. The company's products have been integrated into more than 3.7 million cars worldwide, and it continues to shape the interaction between people and vehicles by rapidly advancing the technology at the heart of smart mobility.
ECARX was founded in 2017 and has grown to almost 2,000 team members. The co-founders are two automotive entrepreneurs, Chairman and CEO Ziyu Shen, and Eric Li (Li Shufu), who is also the founder and chairman of Zhejiang Geely Holding Group - one of the largest automotive groups in the world, with ownership interests in international brand OEMs including Lotus, Lynk & Co, Polestar, smart and Volvo Cars.
1. SiEngine is a joint venture between ECARX and ARM China in which ECARX is the largest shareholder.
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SOURCE ECARX | https://www.wbtv.com/prnewswire/2023/02/06/ecarx-siengine-collaborate-with-faw-digital-cockpit-platform-leveraging-siengines-se1000/ | 2023-02-06 13:42:11 | 1 | https://www.wbtv.com/prnewswire/2023/02/06/ecarx-siengine-collaborate-with-faw-digital-cockpit-platform-leveraging-siengines-se1000/ |
Sarah McCammon is a National Correspondent covering the Mid-Atlantic and Southeast for NPR. Her work focuses on political, social and cultural divides in America, including abortion and reproductive rights, and the intersections of politics and religion. She's also a frequent guest host for NPR news magazines, podcasts and special coverage. | https://www.kunm.org/npr-news/npr-news/2022-09-15/transportation-secretary-on-averting-rail-strike-that-threatened-major-disruptions | 2022-09-15 21:22:37 | 0 | https://www.kunm.org/npr-news/npr-news/2022-09-15/transportation-secretary-on-averting-rail-strike-that-threatened-major-disruptions |
TSX: SIL | NYSE American: SILV
VANCOUVER, BC, Nov. 30, 2022 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is proud to release its inaugural Task Force for Climate Related Financial Disclosure ("TCFD") report and a corresponding Water Stewardship report based on conclusions from the TCFD report. SilverCrest is also pleased to announce the completion and final permanent connection of its 33 kilovolt ("KV") electrical powerline (the "Powerline") for the Company's Las Chispas Mine ("Las Chispas") located in Sonora, Mexico.
N. Eric Fier, CEO, remarked, "We are satisfied that the powerline is finally complete and fully energized to ensure adequate permanent electricity for Las Chispas. We look forward to concluding a milestone year which has included the on time and on budget construction of Las Chispas, ramp up of the mine and plant, declaration of commercial production, refinancing of debt and now the issuance of our inaugural TCFD and Water Stewardship reports. These reports are part of our continued commitment to being responsible partners in our communities and to use our resources to continually strive to enrich the lives of our stakeholders."
Chris Ritchie, President commented, "We chose to embrace the TCFD process early in our mine life so that we could understand the risks and opportunities that climate change posed to both our assets and the local communities in which we operate. This process enabled us to learn that water is the largest climate related issue for us, which encouraged early development of a meaningful water stewardship strategy. We are excited to work with our local farming and ranching communities to build long term economic and social resilience."
In May 2019, the Company's Board of Directors established a Safety, Environmental and Social Sustainability ("SESS") Committee to oversee corporate performance regarding environmental, social and governance ("ESG") and sustainability. Since 2020, SilverCrest's ESG performance has been included in the Corporate Key Performance Indicators ("KPI's") and directly relates to the compensation of the team. The Company has also established an ESG and climate management structure extending from corporate headquarter to the operational team in Mexico. Establishing this framework was a critical step to track, manage, and disclose findings as well as continuously look for ways to improve.
Comision Federal de Electricidad ("CFE") has now completed the refurbishment of a 27 kilometre ("km") section of its infrastructure and connected it to the 54 km section owned by the Company's subsidiary. As a result, Las Chispas now has full grid energization at the design capacity of 7.6 megawatt ("MW"). It is expected that the newly refurbished line will also improve the stability and reliability of the system. As a related benefit, the powerline replaces temporary diesel power generation with subsequent positive environmental impacts.
"We are happy to now have full grid energization with the 7.6 MW capacity expected to be sufficient for the life of mine. We are also satisfied with the deployment of our contingency plan which ultimately helped avoid material impacts to construction, commissioning or metal sales", commented Pierre Beaudoin, COO.
- Engaged a third-party consultant to conduct physical and transition climate risk assessments to identify the key climate risks faced by the Company as well as our local communities.
- The findings of the TCFD report, consultation with government agencies, and third-party reports identified that water is the key climate related risk to the Company's community given the area's heavy reliance upon farming and ranching for their livelihoods.
- The climate risk assessment concluded that the three primary climate related hazards are extreme heat, drought, and flooding. Additionally, the climate models used highlighted water stress in the region and forecasted droughts to increase in severity and frequency.
As a result of the findings, the Company and SESS Committee moved to develop a water stewardship strategy to address the vulnerabilities and opportunities. The Water Stewardship Report provides stand-alone detailed disclosure on water issues faced by the community and shares the work, investments and progress that have been made relating to climate related risks and water.
- Key operating metrics were established for the Las Chispas operation.
- The farming and ranching community relies heavily on ageing and deteriorating infrastructure that has become extremely vulnerable.
- The inaugural water stewardship plan has been developed as a five-year plan during which the Company has initially committed to invest a total of US$1.5M over 2022-2026.
- The key priorities identified were to (1) ensure efficient transportation of water from the river to the aqueducts servicing the farmers and ranchers, (2) upgrade the gravel aqueducts for efficient delivery so farmers can connect water their fields, (3) fix the sewage system in the community and (4) work to register the community for water concessions so that they become eligible for state and federal level funding for future projects.
- In 2022, SilverCrest's community related efforts included the refurbishment of the water intake valve, upgrade of 1 km of aqueducts (Bamori and Arizpe, Sonora), construction of 235 metres of gabions to protect the aqueducts in Arizpe and 272 metres of underground pipe for the water intake valve, replacement of 800 metres of the sewage system in the town of Arizpe and initiation of work to register the community for water related permits.
- In years 2023 to 2026, the Company plans to work to replace the sewage system in Arizpe, refurbish the aqueducts and work with the local and state level governments to identify and address projects that will benefit the community.
2023 will be the first full year of production for SilverCrest and it will serve as the Company's baseline year in terms of tracking and disclosing ESG related performance. The governance system created is intended to efficiently help monitor and disclose this key data so that we can work to constantly improve.
The full reports can be accessed at https://silvercrestmetals.com/sustainability/reporting where a PDF download is available in English.
SilverCrest is a Canadian precious metals exploration and production company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and production assets in Mexico's historic precious metal districts. The Company's principal focus is operating its Las Chispas Mine, in Sonora, Mexico. SilverCrest's ongoing initiative is to increase its asset base by expanding current resources and reserves, acquiring and developing high value precious metals projects and ultimately operating multiple silver-gold mines in the Americas. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.
This news release contains "forward-looking statements" and "forward-looking information" (collectively "forward-looking statements") within the meaning of applicable Canadian and United States securities legislation. These include, without limitation, statements with respect to the timing, costs and completion of the Company's ESG projects between 2023 and 2026. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: the conditions in general economic and financial markets; availability of skilled labour; timing and amount of expenditures related to the ESG programs; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward-looking statements as a result of risk factors including: uncertainty as to the impact and the timing and content of work programs; environmental and other regulatory risks; project cost overruns or unanticipated costs and expenses; and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
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SOURCE SilverCrest Metals Inc. | https://www.kxii.com/prnewswire/2022/11/30/silvercrest-announces-final-connection-powerline-release-inaugural-tcfd-water-stewardship-reports/ | 2022-11-30 12:29:57 | 1 | https://www.kxii.com/prnewswire/2022/11/30/silvercrest-announces-final-connection-powerline-release-inaugural-tcfd-water-stewardship-reports/ |
TEL AVIV, Israel (AP) — Thousands of Israelis gathered Saturday for a weekly demonstration against the government’s contentious judicial overhaul plans, despite security concerns stemming from a surge in Israeli-Palestinian violence.
Prime Minister Benjamin Netanyahu put his overhaul on hold after mass protests against the plan, which has brought together large swaths of Israeli society in opposition to a series of bills that aim to weaken the country’s Supreme Court.
The main protest in Tel Aviv, Israel’s commercial hub, was held less than two kilometers (a mile) from Friday’s attack, in which an Italian tourist was killed and five other Italian and British citizens were wounded when a car rammed into a group of tourists. In a separate incident, two British-Israeli women were shot to death near a settlement in the occupied West Bank.
The spasm of violence in Israel and the West Bank has heightened fears of an even more intense surge, with the rare convergence of the holy Muslim month of Ramadan, the Jewish Passover holiday and Easter currently underway.
Leaders of the grassroots protest movement against the judicial overhaul called for the weekly mass protest to continue as planned Saturday, with tens of thousands of people attending for a 14th consecutive week.
They portrayed the anti-government demonstration as a rally of solidarity with those killed and wounded in Friday’s attacks, as well as with Israelis living near the Lebanese border and the Gaza border affected by recent Palestinian rocket fire. In Tel Aviv, protesters held a moment of silence for the victims.
The protest organizers argue that the overhaul plans have diminished Israel’s national security by roiling the military and weakening the country in the eyes of its enemies.
Upon announcing the delaying of the proposed changes in Israel’s legal system, Netanyahu appeared to calm some of the tensions that have fueled three tumultuous months of unrest. But his announcement failed to address the underlying issues that have polarized the nation, and he has vowed to revive the plan in the coming weeks if negotiations on a compromise with the political opposition fail.
The plan would give Netanyahu, who is on trial on corruption charges, and his allies the final say in appointing the nation’s judges. It would also give parliament, which is controlled by his allies, authority to overturn Supreme Court decisions and limit the court’s ability to review laws.
Netanyahu’s supporters say the plan is needed to rein in the powers of unelected judges. Opponents say it will destroy a system of checks and balances by concentrating power in the hands of Netanyahu and his allies in parliament. They also say that Netanyahu, who has been indicted on corruption charges, has a conflict of interest at a time when he is on trial. | https://www.kron4.com/news/world/ap-international/israelis-protest-judicial-overhaul-despite-violence-surge/ | 2023-04-09 07:14:26 | 1 | https://www.kron4.com/news/world/ap-international/israelis-protest-judicial-overhaul-despite-violence-surge/ |
Progressive Insurance gifts local veteran a new ride
Published: Nov. 11, 2022 at 9:16 AM CST|Updated: 1 hour ago
SIOUX FALLS, S.D. (Dakota News Now) - Progressive Insurance is honoring veterans in a special way with its keys to progress program.
Local veteran, Sandra Aiken, joined a select group of veterans across the country being gifted a brand new ride from Progressive Insurance. Aiken served in the U.S. Navy and then took a full-time job at the Sioux Falls VA. She’s also a volunteer with the American Legion.
The humble veteran says the new car is truly a new beginning.
Copyright 2022 KSFY. All rights reserved. | https://www.dakotanewsnow.com/2022/11/11/progressive-insurance-gifts-local-veteran-new-ride/ | 2022-11-11 16:25:19 | 1 | https://www.dakotanewsnow.com/2022/11/11/progressive-insurance-gifts-local-veteran-new-ride/ |
Storm Prediction Ctr, Norman, OK Warnings, Watches and Advisories for Tuesday, December 13, 2022
_____
TORNADO WATCH
TORNADO WATCH OUTLINE UPDATE FOR WT 583
NWS STORM PREDICTION CENTER NORMAN OK
243 PM CST TUE DEC 13 2022
TORNADO WATCH 583 REMAINS IN EFFECT UNTIL 1000 PM CST FOR THE
FOLLOWING LOCATIONS
TX
. TEXAS COUNTIES INCLUDED ARE
ANGELINA JASPER NACOGDOCHES
NEWTON POLK SABINE
SAN AUGUSTINE SHELBY TRINITY
TYLER
The National Weather Service in Shreveport has issued a
* Severe Thunderstorm Warning for...
Northwestern Nacogdoches County in eastern Texas...
Southeastern Cherokee County in northeastern Texas...
* Until 330 PM CST.
* At 243 PM CST, a severe thunderstorm was located over Forest, or 20
miles south of Rusk, moving northeast at 45 mph.
HAZARD...60 mph wind gusts and quarter size hail.
SOURCE...Radar indicated.
IMPACT...Hail damage to vehicles is expected. Expect wind damage
to roofs, siding, and trees.
* Locations impacted include...
Alto, Wells, Morrill, Sacul, Forest, Douglass, Trawick, Cushing,
Reklaw, Lilbert, Linwood and Looneyville.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Tornado Watch remains in effect for the warned area. Tornadoes can
develop quickly from severe thunderstorms. Although a tornado is not
immediately likely, if one is spotted, act quickly and move to a
place of safety inside a sturdy structure such as a basement or
small interior room.
For your protection move to an interior room on the lowest floor of a
building.
...A TORNADO WARNING REMAINS IN EFFECT UNTIL 300 PM CST FOR WEST
CENTRAL PANOLA AND CENTRAL RUSK COUNTIES...
At 246 PM CST, a severe thunderstorm capable of producing a tornado
was located over Minden, or 8 miles southeast of Henderson, moving
northeast at 45 mph.
HAZARD...Tornado.
SOURCE...Radar indicated rotation.
IMPACT...Flying debris will be dangerous to those caught without
shelter. Mobile homes will be damaged or destroyed. Damage
to roofs, windows, and vehicles will occur. Tree damage is
likely.
This dangerous storm will be near...
Pinehill around 255 PM CST.
Other locations impacted by this tornadic thunderstorm include
Fairplay and Chapman.
TAKE COVER NOW! Move to a basement or an interior room on the lowest
floor of a sturdy building. Avoid windows. If you are outdoors, in a
mobile home, or in a vehicle, move to the closest substantial shelter
and protect yourself from flying debris.
_____
Copyright 2022 AccuWeather | https://www.ourmidland.com/weather/article/TX-Storm-Prediction-Ctr-Norman-OK-Warnings-17651791.php | 2022-12-13 21:44:51 | 1 | https://www.ourmidland.com/weather/article/TX-Storm-Prediction-Ctr-Norman-OK-Warnings-17651791.php |
Sesame, which raised $27 million in Series B capital in 2022, saw unprecedented demand for its consumer health care marketplace, driving price stability for cash-pay health services versus 2021
NEW YORK, Jan. 25, 2023 /PRNewswire/ -- According to the U.S. Bureau of Labor Statistics' Consumer Price Index, the average price paid by consumers within a basket of 16 consumer categories increased by eight percent in 2022, robbing consumers of valuable purchasing power and dollars.
However, in the market for cash pay health care, prices were largely flat or even slightly lower - even though broader inflation in medical care services averaged 5.2 percent for the last seven months of 2022, peaking at 6.5 percent in September. This according to Sesame, the company building a radically new healthcare system for uninsured Americans and those with high-deductible plans, which today released its annual Year In Review report.
In a year with historic inflation, soaring gas prices and seemingly no relief in sight, receiving medical care through Sesame actually became more affordable for select appointment types, such as COVID screenings. The 2022 average price of a COVID screening on Sesame was more than 10% lower than the 2021 average price ($40 vs. $45, respectively). Even more, the average price of care on Sesame was just $37, which is 80% lower than the average price of a doctor's visit without insurance1.
In the face of a mental health crisis in the U.S., mental health consult prices on Sesame stayed remarkably stable, with prices in 2022 nearly flat from their 2021 average. These pricing trends put affordable, reliable and trustworthy medical care within reach for the 27.2 million Americans without insurance – and the millions more in high-deductible health plans (HDHP). It also delivers on (and adds to) Sesame's hallmark "half-price, whole quality" health care.
In 2022 alone, Sesame saved its patients over $25 million on health care costs by allowing them to pay directly – an option previously unavailable within the confines of the third-party payment system. It stands to reason that customer repeat rate on Sesame increased nearly 30% throughout 2022, and new user volume from publishing partners tripled YoY.
Beyond Inflation, a Banner Year for Sesame
From saving patients over $25 million on medical care, to executing high-impact partnerships with the State of California and DoorDash, plus appointing top talent into leadership roles, Sesame continued to reinvent the way consumers – and their employers – access the American healthcare system, providing whole quality services at half of the customary price.
"The benefit of bringing marketplace dynamics to healthcare is that through simple economic truths such as supply, demand, variable pricing and competition, we can see prices decreasing for many manners of care on Sesame," said David Goldhill, Sesame co-founder and CEO, and the author of The Real Costs of American Health Care. "Not only does that make it more affordable for Americans to receive quality medical care, but we also are in the business of providing care because we want to provide care. Within many layers of traditional healthcare, they're betting on you not using their services, not making that appointment to see that specialist you have been meaning to call. That's not the case at Sesame – we will reward you for seeking care on Sesame, and it will actually cost you less the more you use it."
Patients could be seen within one hour on Sesame in 2022, compared to the industry average wait time of 26 days2. Sesame also achieved 95% patient satisfaction – a feat practically unheard of within the healthcare space. Further 2022 accolades for Sesame include an 80 NPS, a 4.3 Trustpilot rating and ranking #1 for overall care by Healthline for the second consecutive year.
In 2022, Sesame and DoorDash partnered to bring affordable health benefits to restaurant workers nationwide via the DoorDash Merchant Benefits program. This was particularly critical as restaurateurs struggled with retention and hiring – with 50% reporting it was a top priority for the year according to the National Restaurant Association.
New Executive Appointments to Catalyze Growth
Sesame also made important hires and promotions at the senior management level in 2022 to accelerate adoption among consumers, insurance brokers and employers:
- Michael DiLorenzo was promoted to chief marketing officer. DiLorenzo joined Sesame as VP of marketing in 2021, and is otherwise best known for building the go-to-market strategy for alcohol delivery company Drizly, serving as CMO for the popular mobile app GasBuddy, and creating the social media marketing department at the National Hockey League
- Suren Hiraman was hired as chief technology officer. Hiraman is an industry veteran with tech leadership experiences at Spotify, UBS and Salesforce.com
- Megan DiDomenico was hired as vice president of commercial growth to drive adoption of the Sesame marketplace within channel partners. DiDomenico has deep roots within the health tech space, joining Sesame from One Medical and previously Maven Clinic
Sesame data is based on aggregated data on the Sesame platform between January 1, 2022 - December 28, 2022.
1According to the Agency for Healthcare Research and Quality, the average cost of a primary care cash-pay visit without insurance was $186.
2Study was conducted by Merritt Hawkins, and it polled more than 1,000 commonly used specialty physician offices in 15 major U.S. cities.
ABOUT SESAME:
Sesame is building a radically new healthcare system for uninsured Americans and those with high-deductible plans. The company's marketplace replaces historically inefficient, expensive healthcare with a direct connection – either virtually or in-person – between patients and physicians. This direct connection enables Sesame to offer doctor visits, labs, imaging and prescription drugs at half the price. Founders include a Harvard PhD in health policy and economics; a former Goldman Sachs analyst; and entertainment executive and healthcare reformer David Goldhill, author of the legendary cover story in The Atlantic, "How American Health Care Killed My Father." Sesame has raised $75 million so far from investors that include GV, Virgin Group and General Catalyst. The company was ranked #1 by Healthline for overall care in 2021 and 2022. For more information, please visit www.sesamecare.com.
CONTACT:
Liz Murphy
Liz.Murphy@SesameCare.com
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SOURCE Sesame | https://www.cleveland19.com/prnewswire/2023/01/25/vaccination-inflation-marketplace-strategy-leaves-cash-payment-segment-healthcare-market-virtually-untouched-by-escalating-prices-2022/ | 2023-01-25 15:37:14 | 1 | https://www.cleveland19.com/prnewswire/2023/01/25/vaccination-inflation-marketplace-strategy-leaves-cash-payment-segment-healthcare-market-virtually-untouched-by-escalating-prices-2022/ |
The Arlington Heights-based Township High School District 214 Board of Education voted Thursday night to move forward with hiring a lobbyist to represent the school district’s interests, in response to recently filed legislation that would create tax breaks for “mega projects” like a potential Chicago Bears stadium at Arlington International Racecourse.
Board member Dan Petro said the move is “basically so [a lobbyist] can go to Springfield and make sure our part of the story gets heard” as the district seeks to influence how much property tax money is skimmed off the bill of a potential developer – and therefore kept out of schools’ coffers.
District 214 is the second local school district to approve hiring a lobbyist this week. The Palatine-based Community Consolidated School District 15 Board of Education greenlit a similar measure at its meeting Wednesday.
Interim SD214 co-Superintendent Kenneth Arndt said he had been meeting with the superintendents of District 15 — an elementary school district — and Palatine-based Township High School District 211 daily and interviewing candidates, and planned to narrow down a list of eight candidates in the coming days.
SD214 board attorney Ares Dalianis said the informal plan among the three districts, which all stand to see financial impacts from a potential Bears stadium district, is to split the costs of a lobbying team three ways. The estimated cost of a lobbyist would be between $7,000 and $11,000 each month, he said.
Board President Bill Dussling said he and the board have major outstanding questions about how the proposed development would impact the district’s operations, from the number of students in the proposed residential area who would enroll in the district to the amount of money that wouldn’t flow to the district due to property tax incentives.
“Our focus is to try to get to the point where we understand what’s going on,” he said.
Dussling said he would be meeting with the bill’s sponsor, state Sen. Ann Gillespie, D-Arlington Heights, “in the next few days just to explore what is going on and where we’re all headed.”
He said the school district has also been in communication with the village of Arlington Heights.
“This whole thing is fluid. It’s moving so rapidly,” the board leader said.
Dussling added that he and the board are committed to collaborating with Arlington Heights officials throughout the process.
“We always want to be good partners with the village,” he said. “We’re in a community that appreciates the schools. But we also have to protect the district because that’s what we’re about and that’s where our focus is.”
The Bears have not yet closed on the sale of the 326-acre property after signing a $197.2 million purchase agreement in September 2021.
In September 2022, team officials revealed a set of plans for a multi-billion dollar redevelopment that would include a stadium and sprawling mixed-use entertainment, commercial and residential district on the racetrack site.
However, Arlington Heights leaders and Bears brass have both emphasized that a potential development is still preliminary, with the only formal pact between the village and team so far being a “predevelopment agreement” that provides a road map for how the village and team could work together should a purchase move forward.
The Bears have stated that they will seek public assistance to build the mixed-use commercial, entertainment and residential district. Mayor Tom Hayes has said Arlington Heights would only provide public funding as a “last resort.”
Senate Bill 1350, which Gillespie filed Monday, could create up to 40 years worth of tax breaks to a developer investing at least $500 million in a project. The bill proposes to freeze property taxes on a site for an additional 17 years after an initial period of 23 years.
To get the 17 year extension, the municipality where the development is located would need to find that a project is of “substantial public benefit,” thus making a developer eligible for a certification from the Illinois Department of Revenue.
In lieu of full property tax payments, the legislation provides for a “payment in lieu of taxes,” or PILOT, that a developer would pay to the host municipality. Dalianis told the SD214 board Feb. 2 that the payment would be less than what the developer would otherwise pay in property taxes.
Dalianis also told the board District 214 is currently “on the outside looking in” as legislators, Arlington Heights officials, team representatives and other stakeholders push the bill through the lawmaking process.
He said Thursday that it’s in the district’s interest to be involved in setting the special payment, particularly since the residential district could increase the student population.
SD214 currently enrolls nearly 12,000 students across six schools, including John Hersey High School in Arlington Heights and Buffalo Grove High School in Buffalo Grove.
“Once the base is frozen, if there’s a residential component, you are not getting those tax dollars. There’s going to be a mismatch between taxes generated and what the need is,” said Dalianis.
Since the payment in lieu of taxes would make up some of that mismatch, “it’s hugely important that you have a seat at the table to determine that special payment,” he told the board.
Arlington Heights Village Manager Randy Recklaus previously told Pioneer Press that the village was “encouraging the parties who are working on this (bill) to listen to the school districts.”
() | https://www.bostonherald.com/2023/02/10/arlington-heights-school-district-to-hire-lobbyist-after-tax-bill-filed-that-would-benefit-chicago-bears-5b-plan/ | 2023-02-10 13:11:11 | 1 | https://www.bostonherald.com/2023/02/10/arlington-heights-school-district-to-hire-lobbyist-after-tax-bill-filed-that-would-benefit-chicago-bears-5b-plan/ |
TAIPEI, July 8, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for June at NT$30.94 billion, marking an eight-year high over the same period, with growth of 3.1% year-on-year (YoY) and 39.5% month-on-month (MoM). Consolidated revenues for the first half (H1) summed up at NT$150.72 billion, which was flattish with 0.4% decline YoY. The company also managed to continuously reduce overall inventory levels.
Business highlights year-on-year include:
- Desktop PC business revenue grew 9.3% in June, 2.9% in Q2, and 15.4% in H1
- Gaming business [1] revenue grew 25.7% in June, declined by 12.3% in Q2, and grew 4.9% in H1
Acer's seven public subsidiaries have all announced their Q2 2022 revenues with an overall growth of 31.9% YoY. On top of their strong business growth, Acer's strategy to build multiple business engines is gaining good momentum.
- Acer Gaming Inc. revenue in Q2 grew 42.9% YoY
- Acer Gadget Inc. revenue in Q2 grew 25.1% YoY
- MPS Energy Inc. revenue in Q2 grew 63.4% YoY
- Altos Computing Inc. revenue in Q2 grew 59.0% YoY
- AcerPure Inc. revenue in Q2 grew 70.7% YoY
The businesses other than PCs and displays contributed to 21.1% of total Q2 revenues.
[1] Acer's gaming related products and businesses
About Acer
Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.
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SOURCE Acer | https://www.kmvt.com/prnewswire/2022/07/08/acer-reports-q2-preliminary-revenues-nt7235-billion-down-93-year-on-year/ | 2022-07-08 10:54:07 | 0 | https://www.kmvt.com/prnewswire/2022/07/08/acer-reports-q2-preliminary-revenues-nt7235-billion-down-93-year-on-year/ |
WASHINGTON (AP) — The U.S. is poised to announce that it will send Ukraine $350 million in weapons and equipment, U.S. officials said Monday, as fierce battles with Russian forces continue for control of the city of Bakhmut, and troops prepare for an expected spring offensive.
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The latest package of aid includes a large amount of various types of ammunition, such as rockets for the High Mobility Artillery Rocket Systems, and an undisclosed number of fuel tanker trucks and riverine boats, according to the officials. Officials said it will be announced later Monday.
It comes as Chinese leader Xi Jinping arrived in Moscow on Monday, giving a political lift to Russian President Vladimir Putin against the West just days after an international arrest warrant was issued for the Kremlin leader on war crimes charges related to Ukraine.
Officials said the American aid will be taken from Pentagon stocks through the presidential drawdown authority, so it will be able to be delivered quickly to the warfront. The U.S. has provided more than $32.5 billion in military aid to Ukraine.
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Officials spoke on condition of anonymity because the aid package has not yet been publicly announced. | https://www.seattlepi.com/news/politics/article/officials-us-to-send-ammunition-tanker-trucks-17849438.php | 2023-03-20 15:33:27 | 0 | https://www.seattlepi.com/news/politics/article/officials-us-to-send-ammunition-tanker-trucks-17849438.php |
Theft investigation after $4 million in federal funds for Lexington transferred into private bank account
Lexington Police are investigating the theft
LEXINGTON, Ky. (WTVQ) – The City of Lexington says $4 million in federal funds for Community Action Council were illegally transferred into a private bank account. City officials say they’ve asked the Lexington Police Financial Crimes Unit to investigate the electronic theft. According to the City, the $4 million was intended for federal rent assistance and transitional housing funds.
City officials say investigators believe someone outside of the government, directed an electronic funds transfer into a private account. According to the City, the initial investigation shows no criminal involvement of City or Community Action Council employees.
The City says it found out Thursday, that Community Action Council did not receive the funds. According to the City, the funds were tracked to three wire transfers into a private bank account. That account was frozen by the financial institution Thursday night.
Commissioner of Finance Erin Hensley says the government’s financial system was not compromised. According to Hensley, the city is now working on the fund recovery process. | https://www.wtvq.com/theft-investigation-after-4-million-in-federal-funds-for-lexington-transferred-into-private-bank-account/ | 2022-08-27 07:56:11 | 1 | https://www.wtvq.com/theft-investigation-after-4-million-in-federal-funds-for-lexington-transferred-into-private-bank-account/ |
WFO BROWNSVILLE Warnings, Watches and Advisories for Friday, December 2, 2022
_____
SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service Brownsville TX
758 AM CST Fri Dec 2 2022
...PATCHY TO AREAS OF FOG PERSISTING ACROSS DEEP SOUTH TEXAS THIS
MORNING...
Surface observations and satellite imagery indicates fog has
developed across Deep South Texas. Reported visibilities are
between one-half to 3 miles. A Dense Fog Advisory may be needed
if visibilities drop to one-quarter of a mile.
Be sure to drive with caution by using your low beam headlights
and allowing plenty of space between your vehicle and the vehicle
in front of you.
...DENSE FOG ADVISORY IN EFFECT UNTIL 9 AM CST THIS MORNING...
* WHAT...Visibility less than one mile in dense fog.
* WHERE...Kenedy Island, Willacy Island and Cameron Island
Counties.
* WHEN...Until 9 AM CST this morning.
* IMPACTS...Hazardous driving conditions due to low visibility.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
If driving, slow down, use your headlights, and leave plenty of
distance ahead of you.
_____
Copyright 2022 AccuWeather | https://www.ourmidland.com/weather/article/TX-WFO-BROWNSVILLE-Warnings-Watches-and-17626251.php | 2022-12-02 15:40:15 | 1 | https://www.ourmidland.com/weather/article/TX-WFO-BROWNSVILLE-Warnings-Watches-and-17626251.php |
INDIANAPOLIS — An Indianapolis native's rendition of "Hallelujah" blew away the "American Idol" judges and earned him the rare platinum ticket - an advantage that judge Luke Bryan said "there's no doubt" he had earned the right to.
Before singing "Hallelujah" for the judges, 27-year-old Cam Amen shared how he and his siblings spent much of their childhood in and out of foster care.
"I just remember being taken out of my classroom by police officers and I'm holding my brother, we didn't know what was going on. We were crying and waiting for mom. She never came," he said.
At 18 years old, Amen left the foster care system and took in his brother and sister.
"We were in foster care a long, long time...I just knew I had to raise them right and get them to high school," Amen said.
He was their caretaker for five years. Now with his brother and sister all grown up, he said he was ready to follow his dreams.
Amen's performance brought Bryan to tears and inspired a standing ovation and hugs from all three judges.
"You've been through a lot, but the rest of your life is waiting on you. You hear me? God, bless you man. God bless you," Lionel Richie said to Amen after his performance.
Bryan added that Amen's sound was something truly unique.
"I can't hardly breathe, you know, this is our sixth year here and stylistically, your style is so beautiful and unique. I don't have anybody that I've seen in this chair to compare you to. Every time I wanted you to do something amazing, you did it. It was just incredible. You came out of being upset and crying and just started singing like that, you didn't even have all the tears dried," Bryan said.
The judges were so moved by Amen's talent, that they awarded him a prestigious and rare platinum ticket.
"The platinum ticket, we just save it for people we feel might be a little more special than your average 'American Idol' and that ticket gives you a couple of little advantages. And, I tell you what, there's no doubt you've earned the right to an advantage," Bryan said.
As a platinum ticketholder, Amen goes straight to Hollywood and he'll get to sit out the first round of Hollywood week and watch all of the other contestants "get up there and sweat it out," Bryan explained.
"This is the first time I ever went for something for myself and it's a dream, it's a dream. This is a blessing right here," Amen said. "I just can't wait to show my brother and sister. I know they're going to be excited." | https://www.wtsp.com/article/entertainment/indianapolis-native-cam-amen-platinum-ticket-american-idol/531-6ab15aca-750a-4469-9f7b-09e26d1f62db | 2023-03-30 18:04:58 | 1 | https://www.wtsp.com/article/entertainment/indianapolis-native-cam-amen-platinum-ticket-american-idol/531-6ab15aca-750a-4469-9f7b-09e26d1f62db |
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NEW ORLEANS (AP) — The FBI has opened a widening investigation into sex abuse in the Roman Catholic Church in New Orleans going back decades, a rare federal foray into such cases looking specifically at whether priests took children across state lines to molest them, officials and others familiar with the inquiry told The Associated Press.
More than a dozen alleged abuse victims have been interviewed this year as part of the probe that’s exploring among other charges whether predator priests can be prosecuted under the Mann Act, a more than century-old, anti-sex trafficking law that prohibits taking anyone across state lines for illicit sex.
Some of the New Orleans cases under review allege abuse by clergy during trips to Mississippi camps or amusement parks in Texas and Florida. And while some claims are decades old, Mann Act violations notably have no statute of limitations.
“It’s been a long road and just the fact that someone this high up believes us means the world to us,” said a former altar boy who alleged his assailant took him on trips to Colorado and Florida and abused him beginning in the 1970s when he was in the fifth grade. The AP generally does not identify people who say they have been sexually assaulted.
The FBI declined to comment, as did the Louisiana State Police, which is assisting in the inquiry. The Archdiocese of New Orleans declined to discuss the federal investigation.
“I’d prefer not to pursue this conversation,” Archbishop Gregory Aymond told the AP.
The probe could deepen the legal peril for the archdiocese as it reels from a bankruptcy brought on by a flood of sex abuse lawsuits and allegations that church leaders turned a blind eye to generations of predator priests.
Federal investigators are now considering whether to seek access to thousands of secret church documents produced by lawsuits and shielded by a sweeping confidentiality order in the bankruptcy, according to those familiar with the probe who weren’t authorized to discuss it and spoke to the AP on condition of anonymity. Those records are said to document years of abuse claims, interviews with accused clergy and a pattern of church leaders transferring problem priests without reporting their crimes to law enforcement.
“This is actually a big deal, and it should be heartening to victims,” said Marci Hamilton, a University of Pennsylvania professor and chief executive of Child USA, a think tank focused on preventing child abuse. “The FBI has rarely become involved in the clergy sex abuse scandals. They’ve dragged their feet around the country with respect to the Catholic Church.”
The U.S. Justice Department has struggled to find a federal nexus to prosecuting clergy abuse, hitting dead ends in cases as explosive as the ones outlined in the 2018 Pennsylvania grand jury report that disclosed a systematic cover-up by church leaders. Federal prosecutors subpoenaed church records in Buffalo, New York, the same year in an inquiry that similarly went quiet.
“The issue has always been determining what is the federal crime,” said Peter G. Strasser, the former U.S. attorney in New Orleans who declined to bring charges in 2018 after the archdiocese published a list of 57 “credibly accused” clergy, a roster an AP analysis found had been undercounted by at least 20 names.
Strasser said he “naively” believed a federal case might be possible only to encounter a host of roadblocks, including the complexities of “putting the church on trial” for charges like conspiracy.
But federal prosecutors have in recent years employed the more narrowly focused Mann Act to win convictions in a variety of abuse cases, including against R&B star R. Kelly for using his fame to sexually exploit girls, and Ghislaine Maxwell for helping financier Jeffrey Epstein sexually abuse teenage girls. In 2013, a federal judge in Indiana sentenced a Baptist pastor to 12 years in prison for taking a 16-year-old girl across state lines for sex.
Among the priests under federal scrutiny in New Orleans is Lawrence Hecker, a 90-year-old removed from the ministry in 2002 following accusations he abused “countless children.” Hecker is accused of abusing children decades ago on out-of-state trips, and other claims against him range from fondling to rape.
Hundreds of records currently under the confidentiality order “will reveal in no uncertain terms that the last four archbishops of New Orleans knew that Lawrence Hecker was a serial child predator,” Richard Trahant, an attorney for Hecker’s alleged victims, wrote in a court filing.
“Hecker is still very much alive, vibrant, lives alone and is a danger to young boys until he draws his final breath,” Trahant wrote.
Asked by telephone this week whether he ever abused children, Hecker said, “I’m going to have to hang up.”
More recent allegations are also drawing federal attention, including the case of Patrick Wattigny, a priest charged last year by state prosecutors after he admitted molesting a teenager in 2013. His attorney declined to comment.
Wattigny’s 2020 removal from the ministry came amid a disciplinary investigation into inappropriate text messages he sent a student. The case sent shockwaves through the Catholic community because church leaders had frequently characterized clergy abuse as a sin from the past.
“It was happening while the church was saying, ‘It’s no longer happening,’” said Bill Arata, an attorney who has attended three of the FBI interviews.
“These victims could stay home and not do anything,” he added, “but that’s not the kind of people they are.”
Clergy abuse is particularly fraught in Louisiana, a heavily Catholic state that endured some of the earliest scandals dating to the 1980s. Last year, it joined two-dozen states that have enacted “lookback windows” intended to allow unresolved claims of child sex abuse, no matter how old, to be brought in civil court.
But with few exceptions, most notably a former deacon charged with rape, the accused clergy have escaped criminal consequences. Even at the local level, cases have been hamstrung by statutes of limitation and the political sensitivity of prosecuting the church.
The archdiocese’s 2020 bankruptcy case has also frozen a separate court battle over a cache of confidential emails describing the behind-the-scenes public relations work that executives for the NFL’s New Orleans Saints did for the archdiocese in 2018 and 2019 to contain fallout from clergy abuse scandals.
While the Saints say they only assisted in messaging, attorneys for those suing the church have alleged in court records that Saints officials joined in the church’s “pattern and practice of concealing its crimes.” That included taking an active role in helping to shape the archdiocese’s list of credibly accused clergy, the attorneys contend.
Attorneys for those suing the church have attacked the bankruptcy bid as a veiled attempt to keep church records secret — and deny victims a public reckoning.
“Those victims were on the path to the truth,” Soren Gisleson, an attorney who represents several of the victims, wrote in a court filing. “The rape of children is a thief that keeps on stealing.”
___
Contact AP’s global investigative team at Investigative@ap.org or https://www.ap.org/tips/ | https://www.seattlepi.com/news/article/FBI-opens-sweeping-probe-of-clergy-sex-abuse-in-17273873.php | 2022-06-29 15:26:38 | 0 | https://www.seattlepi.com/news/article/FBI-opens-sweeping-probe-of-clergy-sex-abuse-in-17273873.php |
FRANKFURT, Germany (AP) — Europe’s economy scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia’s invasion of Ukraine deterred people from spending in shops and restaurants.
Economic output crept 0.1% higher in the last three months of 2022 from the previous quarter, European Union statistics agency Eurostat reported Tuesday, avoiding an outright downturn as warmer-than-usual winter weather shelved fears of energy rationing.
For all of 2022, the economy grew 3.5%, outpacing the 2.1% expansion in the U.S. and China’s 3% growth last year.
The countries that share the euro currency — 19 in 2022, now 20 after Croatia joined the eurozone in the new year — appeared to have avoided the worst case scenario: forced industrial shutdowns from running out of natural gas after Russia halted most supplies. Warmer weather and efforts to find new supply that comes by ship instead of pipeline from Russia have eased that worry for now.
Nonetheless, natural gas prices are still three times higher than before Russia started massing troops on Ukraine’s border, after rising to a record of 18 times that level in August. Those prices are hitting utility bills and leading companies to pass on costs to customers by charging more for goods and food.
“Growth was still very weak,” said Rory Fennessy, European economist at Oxford Economics. He added that “the positive reading could mask underlying weakness in domestic demand” and that “private consumption is likely to have contracted.”
“The main reason” pushing Europe into positive territory was strong growth of 3.5% in Ireland — a figure usually “distorted” by the large number of foreign firms located there for tax reasons, said Martin Moryson, chief economist for Europe at asset manager DWS. Major economies Germany and Italy shrank, by 0.2% and 0.1%, respectively.
Growth also faced headwinds from reduced activity in China, a major trade partner, due to the severe COVID-19 restrictions that have since been lifted. A possible economic rebound there is a key question for Europe and the global economy this year, given China’s previous role as a motor of global growth.
While underwhelming, Europe’s growth figure at least raises the chance it will scrape by without a technical recession even if economic expansion is negative in the first three months of this year. Two straight quarters of falling output is one definition of recession, although the economists on the eurozone business cycle dating committee use a broader range of data such as unemployment and the depth of the downturn.
The news comes as the International Monetary Fund raised its forecast for global economic growth this year to 2.9% from 2.7% — not great but an improvement based partly on hopes for China. A stronger global economy is important for Europe given its extensive trade links.
Fears of lagging economic growth so far have not deterred the European Central Bank from its series of interest rate increases, which are sharply raising the cost of borrowing for businesses and consumers in an attempt to cool off inflation.
Consumer prices jumped 9.2% in December from a year earlier, far above the central bank’s goal of 2%. Rate increases are the chief antidote to excessive inflation but can slow the economy by making it more expensive to buy a house or a car on credit or borrow to expand a business.
The central bank’s governing council is expected to add another half-percentage point rate hike at its meeting Thursday.
Rate increases by other central banks around the world, including the U.S. Federal Reserve and the Bank of England, also have added strain to the global economy. ECB officials say that raising rates now and capping inflation before it gets baked into the economy avoids the need for more drastic action later. | https://www.koin.com/news/business/ap-business/ap-europe-scrapes-out-economic-growth-by-dodging-gas-disaster/ | 2023-02-01 06:49:30 | 0 | https://www.koin.com/news/business/ap-business/ap-europe-scrapes-out-economic-growth-by-dodging-gas-disaster/ |
The impressively rare and masterfully aged tequila is the pinnacle of perfection, demonstrating over four years of craftsmanship, ingenuity, and artistry
ATOTONILCO EL ALTO, Jalisco, Mexico, Nov. 7, 2022 /PRNewswire/ -- PATRÓN® Tequila, the world's number one super-premium tequila*, is taking its first step into the prestige category with the release of its latest expression, PATRÓN EL ALTO. Passionately handcrafted from the finest 100% Weber Blue Agave grown in the highest parts of Jalisco, Mexico, yielding the sweetest agaves for an incredibly smooth taste, PATRÓN EL ALTO is an impressively rare and masterfully aged tequila.
PATRÓN EL ALTO is primarily crafted with Extra Añejo and blended with Añejo and Reposado tequilas each aged to their maximum potential, making this bold innovation the pinnacle of perfection. PATRÓN EL ALTO demonstrates over four years of craftsmanship, ingenuity and artistry. Legendary Master Distiller David Rodriguez and his talented team of distilling artisans didn't limit themselves in how to cultivate the best flavors but rather, as a result of over 300 tastings, masterfully combined an exceptional selection of the best Reposado, Añejo, and Extra Añejo tequilas.
"PATRÓN EL ALTO stays true to PATRÓN Tequila's traditional roots in distilling while innovating in a way that achieves the best blended, aged tequila profile possible," said David Rodriguez, PATRÓN Master Distiller. "The tequilas that harmoniously come together in PATRÓN EL ALTO are a result of selecting the finest 100% Weber Blue Agave in the highest parts of Jalisco, Mexico, a territory known for producing the sweetest agaves, which gives PATRÓN EL ALTO its incredibly smooth and sweet taste. We took four years to focus on only the best of the best and perfect the bold, sweet flavors of this expression the right way: naturally."
PATRÓN is one of the few brands that still makes tequila the hard way - by hand, a painstaking process that's been used since the brand's inception. Innovative and impressively rare to the industry, the majority of PATRÓN EL ALTO Tequila is created using the traditional Tahona production process. A method that requires meticulous precision and time, a two-ton volcanic stone is used to crush the baked agave which creates a tequila with natural sweetness and flavors of the earth. PATRÓN is the leading producer of Tahona-based tequila in the world, demonstrating its commitment to a time-honored process, further exemplified by PATRÓN EL ALTO.
"PATRÓN EL ALTO honors the effort of every proud PATRÓN familia member involved — from the agave selection to the distillation and aging — in creating a tequila so naturally sweet and balanced," said D-J Hageman, Vice President of Marketing at PATRÓN. "In true PATRÓN style, Master Distiller David Rodriguez cut no corners and took care, attention and time to create the pinnacle of perfection at PATRÓN. And now, with the strong return of nights spent out since the start of the pandemic, PATRÓN EL ALTO comes at a perfect time, bringing people together for extraordinary moments of celebration and encouraging those who wish to experience the very best of everything."
This exquisite and refined prestige tequila is naturally smooth and sweet with subtle notes of figs, honey, caramel, dried fruit and vanilla. The sweet, dried fruit notes of PATRÓN EL ALTO are a result of having been expertly aged in 11 types of barrels, mostly hybrid barrels of American oak body and French oak heads. Using 100% naturally perfect ingredients — agave, water and yeast — and crafted in small batches to ensure consistency and quality, PATRÓN EL ALTO achieves the brand's one goal in mind: to create the finest tequila in the world.
"PATRÓN has been an industry leader and will once again change the game as it enters the prestige category of tequila, a segment forecasted to double in size by 2025, with the launch of PATRÓN EL ALTO," said Hageman. "PATRÓN EL ALTO continues to elevate the standards of tequila, demonstrating our tireless dedication to perfection. When you reach for PATRÓN EL ALTO, you're reaching extraordinary heights of quality, flavor and smoothness."
PATRÓN EL ALTO is simply perfect for momentous occasions big and small, packaged in an elegant and distinctive bottle, matching the azure hues of the agave fields in the Jalisco Highlands. PATRÓN EL ALTO is available in U.S. markets only, known for being the pinnacle of celebrating momentous occasions: New York, Miami, Las Vegas and Los Angeles, at SRP $179.
*IWSR 2021 Global Database
About PATRÓN Tequila
From hand-harvesting the highest-quality 100% Weber Blue Agave, to the traditional, time-honored distillation process and individual labeling, numbering, and inspection of each bottle, PATRÓN Tequila is crafted with meticulous precision and care. Though PATRÓN has grown to become one of the most recognized and respected luxury spirits brands in the world, it is still exclusively produced in the Highlands of Jalisco, Mexico, in the same small batches and with the same commitment to quality and craftsmanship. For more information about PATRÓN Tequilas and Liqueurs, please visit www.patrontequila.com . The perfect way to enjoy PATRÓN is responsibly.
PATRÓN is part of the portfolio of Bacardi Limited, headquartered in Hamilton, Bermuda. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited.
THE PERFECT WAY TO ENJOY PATRÓN IS RESPONSIBLY. ©2022. PATRÓN, ITS TRADE DRESS AND THE BEE LOGO ARE TRADEMARKS.
CONTACT: patron@mbooth.com
SOURCE PATRÓN Tequila
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SOURCE PATRÓN Tequila | https://www.wibw.com/prnewswire/2022/11/07/patrn-tequila-reaches-new-heights-with-launch-patrn-el-alto/ | 2022-11-07 16:31:16 | 1 | https://www.wibw.com/prnewswire/2022/11/07/patrn-tequila-reaches-new-heights-with-launch-patrn-el-alto/ |
Raises 2022 revenue guidance range for the second time this year
TEL AVIV, Israel, Aug. 11, 2022 /PRNewswire/ -- RADCOM Ltd. (Nasdaq: RDCM) announced financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Financial Highlights:
- Second-quarter revenues of $11.1 million, a 12th consecutive growth quarter
- 14% quarterly revenue growth year-over-year
- Non-GAAP net income was $0.02 million compared to a loss of $0.3 million in the same period in 2021
- Cash and short-term deposits of $73.1 million, a four-year high
- Increases 2022 revenue guidance range from $43 million-$47 million to $45 million-$48 million
First Six Months 2022 Financial Highlights:
- Total revenue for the first six months of 2022 was $21.8 million, an increase of $2.9 million from the first six months of 2021
- 15.1% revenue growth year-over-year for the first six months of 2022
- Non-GAAP net income was $0.6 million compared to a loss of $1.3 million for the first six months of 2021
Eyal Harari, RADCOM's Chief Executive Officer, commented, "We achieved another strong quarter with solid financial results. Second quarter revenues were $11.1 million, up 14% compared to the second quarter of 2021, delivering a twelfth consecutive quarter of year-over-year revenue growth and achieving a breakeven quarter. In addition, as recently announced, we won two new assurance contracts. DISH selected us to monitor America's first 5G Smart Network, won a multi-year 5G assurance contract for a mobile network in Europe, and extended our multi-year agreement with AT&T to continue our strong relationship with this top-tier operator.
"I am pleased with the strong demand for our innovative solutions as we win new customer logos and expand business with our installed base. The 5G market is ramping up, reflected in the momentum of our business and our healthy pipeline of opportunities. Revenues are up by over 15% compared to the first six months of 2021. At the same time, we continue to manage our expenses prudently.
"The growth in business and the careful management of costs enabled us to generate over $3 million in cash since the beginning of 2022, resulting in cash and short-term deposits reaching $73.1 million, a four-year high. Since the beginning of the year, we have been at a breakeven point, and we believe the positive momentum will continue into the year's second half.
"As a result of these recent wins, our growing business in our installed base, and ongoing sales engagements, we have good visibility. We see increased growth in 2022, so we are raising our revenue guidance for the second time this year from $43 million-$47 million to $45 million-$48 million. We believe this accelerated momentum will continue into 2023, delivering a fourth consecutive year of growth."
Other Second Quarter Financial Highlights:
- Total revenues for the second quarter were $11.1 million, compared to $9.8 million in the second quarter of 2021.
- GAAP net loss for the second quarter was $1.2 million, or $0.09 per diluted share, an increase from a GAAP net loss of $1.1 million, or $0.08 per diluted share, for the second quarter of 2021.
- Non-GAAP net income for the second quarter was $0.02 million, or an income of $0.001 per diluted share, compared to a non-GAAP net loss of $0.3 million, or a loss of $0.02 per diluted share for the second quarter of 2021.
- As of June 30, 2022, the Company had cash, cash equivalents, and short-term bank deposits of $73.1 million and no debt.
Earnings Conference Call
RADCOM's management will hold an interactive conference call today at 8:00 am Eastern Time (3:00 pm Israel Daylight Time) to discuss the results and answer participants' questions. To join the call, please call one of the following numbers approximately five minutes before the call is scheduled to begin:
From the US (toll-free): +1-866-652-8972
From other locations: +972-3-918-0644
For those unable to listen to the call, a replay of the conference call will be available a few hours later on the investor relations section on the Company's website at https://radcom.com/investor-relations/.
Investor Relations:
Miri Segal
MS-IR LLC
917-607-8654
msegal@ms-ir.com
Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com
RADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting, and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.
Non-GAAP Information
Certain non-GAAP financial measures are included in this press release. These non-GAAP financial measures are provided to enhance the reader's overall understanding of the Company's financial performance. By excluding non-cash stock-based compensation that has been expensed in accordance with ASC Topic 718, the Company's non-GAAP results provide information to both management and investors that is useful in assessing the Company's core operating performance and in evaluating and comparing the Company's results of operations on a consistent basis from period to period. These non-GAAP financial measures are also used by management to evaluate financial results and to plan and forecast future periods. The presentation of this additional information is not meant to be considered a substitute for the corresponding financial measures prepared in accordance with GAAP.
Risks Regarding Forward-Looking Statements
Certain statements made herein that use words such as "estimate," "project," "intend," "expect," "'believe,"" may," "might," " potential," "anticipate," "plan" or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its full-year 2022 revenue guidance, the potential benefits from recent contract wins, expectations regarding its growth, managing expenses and investing in its business, momentum, and pipeline, and trends in the 5G market, it is using forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance, or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company's products, inability to timely develop and introduce new technologies, products, and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.
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SOURCE RADCOM Ltd. | https://www.wafb.com/prnewswire/2022/08/11/radcom-reports-second-quarter-2022-results/ | 2022-08-11 12:03:48 | 0 | https://www.wafb.com/prnewswire/2022/08/11/radcom-reports-second-quarter-2022-results/ |
Judge holds PC player without bail on accusation of gun 'being waved in people's faces'
PROVIDENCE – A District Court judge ordered a Providence Friars basketball player held without bail on Monday morning based on an allegation that he broke into his ex-girlfriend's apartment armed with a Glock pistol early Saturday morning.
A lawyer for Alyn Breed argued that police had not recovered a gun.
The 33-year-old woman, with whom Breed has been in an on-again, off-again relationship, is already "walking back" parts of her original story, said the Providence lawyer, Maria Deaton.
Judge J. Patrick O'Neil told Breed he is open to seeing the woman and reviewing the matter as more information emerges in the coming days.
But the 21-year-old, who less than a month ago was on a top-ranked NCAA basketball team pursuing a March Madness bid, remained in handcuffs.
"The allegation you are facing, Mr. Breed, could not be more serious," O'Neil told him. "Unfortunately, all too often in this courtroom, I hear that story where a very serious report is being made and is then walked back hours later if not days afterward. But unfortunately, we're dealing with the most serious allegation you can face. You are held without bail …."
More:Providence basketball's next disciplinary step for Alyn Breed should be righteous
Assistant Attorney General Meghan E. McDonough told O'Neil that Breed's ex-girlfriend has told investigators she is familiar with the gun she says Breed drew on her.
McDonough said the woman has said she was with Breed when he bought the gun, a Glock, in Georgia.
Over the weekend, police initially identified the woman at the center of the case as Breed's girlfriend.
A police report refers to Breed as an ex-boyfriend and Deaton described the relationship over the past year as "on again off again." She also described the situation over the weekend as a breakup.
A court record identifies the woman as Kristin Winant. It accuses Breed of carrying a gun without a license, using a firearm in the robbery of a cellphone, carrying a dangerous weapon while committing a crime of violence, maliciously vandalizing a floral arrangement, and operating a 2016 Dodge vehicle without Winant's consent.
McDonough told O'Neil that Breed had entered the two-floor apartment in Providence.
"While he was in the bedroom of her home uninvited, unannounced, he wielded a firearm at which time he demanded that she turn over her cellphone," she said. "While he was wielding the firearm, she complied. He left the apartment and fled down the street."
McDonough told O'Neil that Breed had admitted taking the vehicle without the woman's permission.
Deaton told O'Neil that Winant had purchased the car for Breed to use and he routinely drives it on the Providence College campus.
McDonough acknowledged that police had not recovered a gun.
O'Neil said he could hold a bail hearing on Friday. He also expressed a willingness to amend Monday's bail decision if new information should emerge before Friday.
"Anything develops before then, you come see me and then we'll talk about bail," he said. "But in the meantime, there's an allegation of guns being waved around in people's faces." | https://www.providencejournal.com/story/news/crime/2023/04/03/providence-basketball-friars-player-held-without-bail-in-gun-case/70076364007/ | 2023-04-03 20:23:32 | 1 | https://www.providencejournal.com/story/news/crime/2023/04/03/providence-basketball-friars-player-held-without-bail-in-gun-case/70076364007/ |
LOS ANGELES (AP) — Robert Clary, a French-born survivor of Nazi concentration camps during World War II who played a feisty prisoner of war in the improbable 1960s sitcom “Hogan’s Heroes,” has died. He was 96.
Clary died during the night Wednesday of natural causes at his home in Beverly Hills, niece Brenda Hancock said Thursday.
“He never let those horrors defeat him,” Hancock said of Clary’s wartime experiences as a youth. “He never let them take the joy out of his life. He tried to spread that joy to others through his singing and his dancing and his painting.”
When he recounted his life to students, he told them, “Don’t ever hate,” Hancock said. “He didn’t let hate overcome the beauty in this world.”
“Hogan’s Heroes,” in which Allied soldiers in a POW camp bested their clownish German army captors with espionage schemes, played the war strictly for laughs during its 1965-71 run. The 5-foot-1 Clary sported a beret and a sardonic smile as Cpl. Louis LeBeau.
Clary was the last surviving original star of the sitcom that included Bob Crane, Richard Dawson, Larry Hovis and Ivan Dixon as the prisoners. Werner Klemperer and John Banner, who played their captors, both were European Jews who fled Nazi persecution before the war.
Clary began his career as a nightclub singer and appeared on stage in musicals including “Irma La Douce” and “Cabaret.” After “Hogan’s Heroes,” Clary’s TV work included the soap operas “The Young and the Restless,” “Days of Our Lives” and “The Bold and the Beautiful.”
He considered musical theater the highlight of his career. “I loved to go to the theater at quarter of eight, put the stage makeup on and entertain,” he said in a 2014 interview.
He remained publicly silent about his wartime experience until 1980 when, Clary said, he was provoked to speak out by those who denied or diminished the orchestrated effort by Nazi Germany to exterminate Jews.
A documentary about Clary’s childhood and years of horror at Nazi hands, “Robert Clary, A5714: A Memoir of Liberation,” was released in 1985. The forearms of concentration camp prisoners were tattooed with identification numbers, with A5714 to be Clary’s lifelong mark.
“They write books and articles in magazines denying the Holocaust, making a mockery of the 6 million Jews — including a million and a half children — who died in the gas chambers and ovens,” he told The Associated Press in a 1985 interview.
Twelve of his immediate family members, his parents and 10 siblings, were killed under the Nazis, Clary wrote in a biography posted on his website.
In 1997, he was among dozens of Holocaust survivors whose portraits and stories were included in “The Triumphant Spirit,” a book by photographer Nick Del Calzo.
“I beg the next generation not to do what people have done for centuries — hate others because of their skin, shape of their eyes, or religious preference,” Clary said in an interview at the time.
Retired from acting, Clary remained in good health and busy with his family, friends and his painting.
The actor, born Robert Widerman in Paris in March 1926, was the youngest of 14 children. He was 16 when he and most of his family were taken by the Nazis.
In the documentary, Clary recalled a happy childhood until he and his family was forced from their Paris apartment and put into a crowded cattle car that carried them to concentration camps.
“Nobody knew where we were going,” Clary said. “We were not human beings anymore.”
After 31 months in captivity in several concentration camps, he was liberated from the Buchenwald death camp by American troops. His youth and ability to work kept him alive, Clary said.
Returning to Paris, where he was reunited with two older sisters who had avoided the death camps, Clary worked as a singer and recorded songs that became popular in America.
After coming to the United States in 1949, he moved from club dates and recording to Broadway musicals, including “New Faces of 1952,” and then to movies. He appeared in films including 1952’s “Thief of Damascus,” “A New Kind of Love” in 1963 and “The Hindenburg” in 1975.
He didn’t feel uneasy about the comedy on “Hogan’s Heroes” despite the tragedy of his family’s devastating war experience.
“It was completely different. I know they (POWs) had a terrible life, but compared to concentration camps and gas chambers it was like a holiday.”
Clary married Natalie Cantor, the daughter of singer-actor Eddie Cantor, in 1965. She died in 1997. | https://www.ksn.com/entertainment/robert-clary-the-last-of-the-hogans-heroes-stars-dies-at-96/ | 2022-11-17 20:15:03 | 1 | https://www.ksn.com/entertainment/robert-clary-the-last-of-the-hogans-heroes-stars-dies-at-96/ |
Customer Experience practitioners and their colleagues can now integrate and scale proven CX practices through TribeCX's globally recognised experiential learning Masterclasses and CX Sprints
LONDON, March 7, 2023 /PRNewswire/ -- Customer Experience practitioners can now obtain globally recognised programmes from TribeCX.
The Masterclasses and CX Sprints offered by TribeCX, a customer experience business who help top brands globally define and deliver their CX ambition to customers, are now formally assured by City & Guilds.
Assured is City & Guilds global quality benchmark that demonstrates that the way in which organisations plan, design and deliver their learning programmes meet world-class quality standards.
With this accreditation, these programmes not only provide the best customer experience coaching and learning but are also set up to the highest quality through external recognition from a leading skills development organisation.
TribeCX CEO Mark Harrison says:
"90% of CX talk is exactly that – it's just talk. We learnt that the hard way, so you shouldn't waste your time on it. We are proud to have our CX programmes recognised by City & Guilds and will continue to invest in and provide the highest quality learning to practitioners and organisations so they can define, deliver and scale their CX ambitions in support of meaningful business impact and bottom-line results."
TribeCX Design Masterclass and CX Sprint programmes teach practical and applied CX approaches that can be used consistently and scaled throughout the organisation.
Research from City and Guilds organisations that invest in external recognition of their training programmes cite talent retention, attraction and cost saving as three top value adds. David Phillips, Managing Director at City & Guilds, said:
"We are thrilled to see TribeCX gain Assured status with their CX training programme. Showing a commitment to quality within learning and development sends a positive message to staff and external clients that your training is fully optimised to create better outcomes for clients and learners alike. We are delighted to work with TribeCX in particular as we know how critical customer experience is to organisational success."
Mark added: "When CX practitioners sign up to our programmes, we want them to feel confident they're getting the best training and skills on offer to build strong capability within the business. And be recognised by their peers and the market globally.
"From motivating and retaining employees, prioritising and working with agility, setting key and measurable metrics to build and improve in the future, this strategy drives success and growth."
All Masterclass graduates, from beginners to advanced, are equipped, and empowered to continue to lead customer-centred change, with a globally recognised certification at the end of it.
About TribeCX
TribeCX, a tribe of experienced practitioners who have led CX for some of the world's largest brands, builds customer experience capabilities that improves results from CX by equipping teams with practical tools, and coaching them to apply their newly acquired knowledge and skills in their roles. www.tribecx.com
About City & Guilds
City & Guilds, a leader in global skills development, offer City & Guilds Assured recognition which allows companies to have their own training programmes externally benchmarked and recognised, providing they adhere to a specific best practice framework, criteria and core components. www.cityandguilds.com
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Pep wants Man City to recharge before FA Cup final
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Close Ad | https://www.nbcsports.com/watch/soccer/premier-league/pep-wants-man-city-to-recharge-before-fa-cup-final | 2023-06-30 14:02:42 | 1 | https://www.nbcsports.com/watch/soccer/premier-league/pep-wants-man-city-to-recharge-before-fa-cup-final |
BALTIMORE (AP) — A former Maryland political aide wanted on corruption charges died Monday after he was wounded while being confronted by law enforcement agents, his lawyer said, following a manhunt that was launched when the man failed to appear for trial.
Attorney Joseph Murtha said the FBI confirmed Roy McGrath’s death to him. He added that it was not immediately clear if McGrath’s wound was self-inflicted or came during an exchange of gunfire with agents.
The FBI had said earlier that McGrath, once a top aide to a former Maryland governor, had been hospitalized following an agent-involved shooting, but declined to elaborate.
William Brennan, an attorney for McGrath’s wife, Laura Bruner, also confirmed the death and said she was “absolutely distraught.”
According to an email earlier from FBI Supervisory Special Agent Shayne Buchwald in Maryland, McGrath was wounded during “an agent-involved shooting” around 6:30 p.m. in a commercial area on the southwestern outskirts of Knoxville, Tennessee. Buchwald said McGrath was taken to a hospital.
Further details, including how McGrath was wounded and what led up to it, were not immediately released. The shooting was under investigation.
“The FBI takes all shooting incidents involving our agents or task force members seriously,” said Buchwald, who declined to confirm that McGrath had died.
McGrath, 53, served as chief of staff to former Maryland Gov. Larry Hogan. He was declared a wanted fugitive after his disappearance, and the FBI has said he was considered an international flight risk.
In a statement, Hogan said he and his wife, Yumi, “are deeply saddened by this tragic situation. We are praying for Mr. McGrath’s family and loved ones.”
Murtha called the death “a tragic ending to the past three weeks of uncertainty” and said his client always maintained his innocence.
After McGrath failed to appear at Baltimore’s federal courthouse on March 13, Murtha said he believed McGrath, who had moved to Naples, Florida, was planning to fly to Maryland the night before. Instead of beginning jury selection, a judge issued an arrest warrant and dismissed prospective jurors.
McGrath was indicted in 2021 on accusations he fraudulently secured a $233,648 severance payment, equal to one year of salary as the head of Maryland Environmental Service, by falsely telling the agency’s board the governor had approved it. He was also accused of fraud and embezzlement connected to roughly $170,000 in expenses. McGrath pleaded not guilty.
McGrath resigned just 11 weeks into the job as Hogan’s chief of staff in 2020 after the payments became public.
If convicted of the federal charges, he would have faced a maximum sentence of 20 years for each of four counts of wire fraud, plus a maximum of 10 years for each of two counts of embezzling funds from an organization receiving more than $10,000 in federal benefits. | https://www.krqe.com/news/national/ex-maryland-official-dead-after-nationwide-manhunt-lawyers-say/ | 2023-04-04 10:57:48 | 0 | https://www.krqe.com/news/national/ex-maryland-official-dead-after-nationwide-manhunt-lawyers-say/ |
Alabama vs. Maryland: Odds, spread, over/under and other Vegas lines - NCAA Tournament Second Round
The No. 1 seed Alabama Crimson Tide (30-5) try to punch their ticket to the Sweet 16 in an NCAA Tournament Round of 32 matchup against the No. 8 seed Maryland Terrapins (22-12) on Saturday at Legacy Arena at BJCC, tipping off at 9:40 PM.
Find odds, spreads, over/unders and more from multiple sportsbooks in this article for the Alabama vs. Maryland matchup.
Alabama vs. Maryland Game Info
- When: Saturday, March 18, 2023 at 9:40 PM ET
- Where: Legacy Arena at BJCC in Birmingham, Alabama
- How to Watch on TV: TBS
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Alabama vs. Maryland Odds, Spread, Over/Under
Here's a look at the odds, spread and over/under for this matchup posted at individual sportsbooks.
Alabama vs. Maryland Betting Trends
- Alabama is 20-15-0 ATS this season.
- The Crimson Tide and their opponents have combined to go over the point total 16 out of 35 times this season.
- Maryland has compiled a 21-11-0 record against the spread this season.
- The Terrapins and their opponents have combined to go over the point total 12 out of 32 times this year.
Alabama Futures Odds
- Odds to win the national championship: +500
- Alabama is only second-best in college basketball in terms of its odds to win the national championship (+500), but best according to computer rankings.
- Oddsmakers have moved the Crimson Tide's national championship odds up from +5000 at the beginning of the season to +500. Among all teams in the country, that is the 62nd-biggest change.
- Based on its moneyline odds, Alabama has a 16.7% chance of winning the national championship.
Maryland Futures Odds
- Odds to win the national championship: +8000
- The Terrapins' national championship odds have improved from +15000 at the beginning of the season to +8000, the 55th-biggest change among all teams.
- Maryland has a 1.2% chance of winning the national championship, based on its moneyline odds.
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© 2023 Data Skrive. All rights reserved. | https://www.azfamily.com/sports/betting/2023/03/18/alabama-maryland-college-basketball-odds-spread-over-under-ncaa-tournament-second-round/ | 2023-03-17 18:04:07 | 1 | https://www.azfamily.com/sports/betting/2023/03/18/alabama-maryland-college-basketball-odds-spread-over-under-ncaa-tournament-second-round/ |
Bejing residents share what they want from their leader By John Ruwitch Published October 18, 2022 at 3:25 PM CDT Facebook Twitter LinkedIn Email Listen • 4:14 Three people in Beijing, China, share what they want from their leader, Xi Jinping, over the next five years. Copyright 2022 NPR | https://www.iowapublicradio.org/2022-10-18/bejing-residents-share-what-they-want-from-their-leader | 2022-10-18 22:32:24 | 0 | https://www.iowapublicradio.org/2022-10-18/bejing-residents-share-what-they-want-from-their-leader |
International scientists who examined previously unavailable genetic data from samples collected at a market close to where the first human cases of COVID-19 were detected in China said they found suggestions the pandemic originated from animals, not a lab.
Other experts have not yet verified their analysis, which also has not appeared so far in a peer-reviewed journal. How the coronavirus first started sickening people remains uncertain.
“These data do not provide a definitive answer to how the pandemic began, but every piece of data is important to moving us closer to that answer,” WHO Director-General Tedros Adhanom Ghebreyesus at a Friday press briefing.
He also criticized China for not sharing the genetic information earlier, adding that “this data could have and should have been shared three years ago.”
The samples were collected from surfaces at the Huanan seafood market in Wuhan after the first human cases of COVID-19 were found in late 2019.
Tedros said the genetic sequences were uploaded to the world's biggest public virus database in late January by scientists at the Chinese Center for Disease Control and Prevention; the data have since been removed from the database.
A French biologist spotted the information by chance while scouring the database and shared it with a group of scientists based outside China and looking into the origins of the coronavirus.
Genetic sequencing data showed that some of the samples, which were known to be positive for the coronavirus, also contained genetic material from raccoon dogs, indicating the animals may have been infected by the virus, according to the scientists. Their analysis was first reported in The Atlantic.
“There’s a good chance that the animals that deposited that DNA also deposited the virus," said Stephen Goldstein, a virologist at the University of Utah who was involved in analyzing the data. “If you were to go and do environmental sampling in the aftermath of a zoonotic spillover event … this is basically exactly what you would expect to find.”
Ray Yip, an epidemiologist and founding member of the U.S. Centers for Disease Control ffice in China, said that even though the new findings weren’t definitive, they were significant.
“The market environmental sampling data published by China CDC is by far the strongest evidence to support animal origins,” Yip told the AP in an email. He was not connected to the new analysis.
Scientists have been looking for the origins of the COVID-19 pandemic since the virus first emerged, but that search has been complicated by factors including the massive surge of human infections in the pandemic's first two years and an increasingly bitter political dispute.
It took virus experts more than a dozen years to pinpoint the animal origin of SARS, a related virus.
The researchers say their analysis is the first solid indication that there may have been wildlife infected with the coronavirus at the market. Some of the samples with raccoon dog DNA were collected from a stall that tested positive for COVID-19 and was known to be involved in the wildlife trade, Goldstein said.
But it is also possible that humans might have first brought the virus to the market and infected the raccoon dogs, or that infected humans happened to leave traces of the virus near the animals.
After scientists in the group contacted the China CDC, they say, the sequences were pulled from the global virus database. Researchers are puzzled as to why data on the samples collected over three years ago wasn’t made public sooner.
Earlier this week, some of the scientists presented their findings to an advisory group the World Health Organization has tasked with investigating COVID's origins, Goldstein confirmed.
Mark Woolhouse, an infectious diseases expert at the University of Edinburgh, said it will be crucial to see how the genetic sequences from the raccoon dogs match up to what's known about the historic evolution of the COVID-19 virus.
He said that if the analysis shows the animal viruses have earlier origins than the ones that infected people, “that’s probably as good evidence as we can expect to get that this was a spillover event in the market.”
After a weeks-long visit to China to study the pandemic's origins, WHO released a report in 2021 concluding that COVID most probably jumped into humans from animals, dismissing the possibility of a lab origin as “extremely unlikely.”
But the U.N. health agency backtracked the following year, saying “key pieces of data” were still missing.
In recent months, WHO director Tedros has said all hypotheses remained on the table, while he and senior officials pleaded with China to share more data about their COVID-19 research.
The China CDC scientists who previously analyzed the samples published a paper as a preprint in February. Their analysis suggested that humans brought the virus to the market, not animals, implying that the virus originated elsewhere.
The paper did not mention that animal genetic material was found in samples that tested positive for COVID-19, and the authors didn’t upload the raw data until March. Gao Fu, the former head of the China CDC and lead author of the paper, didn’t immediately respond to an email requesting comment.
Wuhan, the Chinese city where COVID-19 was first detected, is home to several labs involved in collecting and studying coronaviruses, fueling theories that the virus may have leaked from one.
In February, the Wall Street Journal reported that the U.S. Department of Energy had assessed “with low confidence” that the virus had leaked from a lab. But others in the U.S. intelligence community disagree, believing it more likely it first came from animals. Experts say the true origin of the pandemic may not be known for many years — if ever. | https://www.mrt.com/news/article/new-covid-origins-data-suggests-pandemic-linked-17845031.php | 2023-03-17 13:52:26 | 1 | https://www.mrt.com/news/article/new-covid-origins-data-suggests-pandemic-linked-17845031.php |
LOS ANGELES, July 7, 2022 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) has declared cash dividends on its 6.875% Series A Cumulative Perpetual Preferred Stock (NASDAQ: RILYP) and its 7.375% Series B Cumulative Perpetual Preferred Stock (NASDAQ: RILYL) (collectively, the "Preferred Stock"), each series of which is represented by depositary shares. Each depositary share represents 1/1000th fractional interest in a share of the respective Preferred Stock with a liquidation preference equivalent to $25.00 per depositary share.
The 6.875% Series A Preferred Stock cash dividend equals $0.42968750 per depositary share.
The 7.375% Series B Preferred Stock cash dividend equals $0.4609375 per depositary share.
The Preferred Stock dividends will be payable on or about July 29, 2022 to respective Series A and Series B holders of record as of the close of business on July 19, 2022.
B. Riley Financial is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. For more information, please visit www.brileyfin.com.
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