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2023-08-01 01:25:59+00:00
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2023-08-01 01:10:58
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All members of a school community can do their part in stopping the stigma around mental health.
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The dance team of Monarch School performs during the grand opening celebration of Monarch School’s Chrysalis Center for the Arts at Barrio Logan on Wednesday, May 11, 2022. The art center provides students a space for performances, music, dancing and visual arts. Monarch School, which has been operating since 1987, serves unhoused students.
Nuñez is a counselor at Monarch School. She lives in Otay Ranch.
My mission as a newbie school counselor was to be able to walk into a room and know exactly what to do in any situation. Luckily, I had a mentor who not-so-gently informed me that there isn’t a way around the learning curve and helped me come to terms with the fact that there would be moments when identifying presenting and underlying issues would be a bigger challenge than identifying solutions.
A few years later, I sat in a room with a student who told me that if I knew what acts he had committed, I wouldn’t want to be in the same room as him. Little did he know that I had been made aware of his troubled history before I began working with him, and my new mission was to help students like him turn their stumbling blocks into stepping stones.
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Academic, career, and social and emotional development complete the trifecta in which all school counselors are trained under the American School Counseling Association National Model for School Counseling Programs. Social and emotional issues can create barriers to student success, and school counselors implement social-emotional learning and literacy lessons directed at improving student social and emotional well-being, and the understanding of self (intrapersonal skills) and others (interpersonal skills).
According to child development research from Loyola University Chicago, students who participated in social-emotional learning programs demonstrated significantly improved social-emotional skills, attitudes, behavior and academic performance that reflected an 11-percentile-point gain in academic achievement when compared with control groups.
Social-emotional learning lessons are crafted in response to documented needs on a school campus and can be best identified by listening to multiple stakeholders that make up a school community, including staff, students and parents or guardians. In my time as school counselor for the San Diego County Office of Education’s Juvenile Court and Community Schools, I have been able to receive training in several social-emotional learning topics designed to help students be ready to learn in the classroom.
Over the course of a year, most of my students receive social-emotional learning lessons centered around three main topics: mental health and suicide awareness, healthy relationships and restorative practices, which seek to repair harm in the school environment instead of focusing on disciplinary action. Some key findings from Mental Health America’s 2023 report “The State of Mental Health in America” show that 16 percent of surveyed youth reported suffering at least one major depressive episode within the past year and 60 percent of youth with major depression did not receive mental health treatment.
In the report’s overall rankings, California lands at No. 28, placing it just outside the range of states where “youth have a higher prevalence of mental illness and lower rates of access to care.” Nationally, the U.S. surgeon general issued an advisory on “Protecting Youth Mental Health” in 2021 and an advisory on “Social Media and Youth Mental Health” in 2023 due to exposure to harmful content.
What can be done? Social-emotional learning lessons provided via comprehensive school counseling programs are a key component in ensuring that school-aged youth have a healthy balance of mental, social-emotional and physical well-being.
All members of a school community can do their part in stopping the stigma around mental health. This starts with having courageous conversations, inside or outside of the classroom, that guide students to a place of understanding that 1) we all need to acknowledge our mental health and 2) we can take care of it just like we take care of our physical health. Building up students’ knowledge, skills and attitudes when it comes to mental health can help them find balance and well-being while accentuating a student’s academic and career development.
Paired with authentic mentoring relationships with at least one trustworthy, caring adult on campus, social-emotional learning lessons are a starting point for building students up to reclaim their sense of self and their belief that they can make positive contributions to their communities.
A significant number of the 21st-century skills related to workplace success are based not on a student’s knowledge but on a student’s ability to work cross-culturally by reflecting on differing perspectives and adjusting to ever-changing needs or situations. Social-emotional learning lessons are one avenue for ensuring that students have a place to talk about mental health, to acquire social-emotional skills, and, more importantly, to have a space to find their voice — because being able to tell your story is the beginning of healing.
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Opinion: Here's how social-emotional learning helps students
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https://www.sandiegouniontribune.com/opinion/commentary/story/2023-07-31/opinion-social-emotional-learning-students-mental-health-school-counselor
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2023-08-01 00:41:48+00:00
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2023-08-01 00:17:55
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Padres could go with Pedro Avila or call up Ryan Weathers to start against Rockies Tuesday; Michael Wacha pitches in a simulated game as he works back from shoulder fatigue
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Padres second baseman Ha-Seong Kim walks off the field Sunday with athletic trainers Ben Fraser, far left, and Ricky Huerta, middle next to Kim, and Korean translator Leo Bae. Kim jammed his shoulder sliding into home plate.
Ha-Seong Kim was as surprised as anyone.
But he got some rest, got some painkillers and got back in the lineup.
A day after jamming his right shoulder diving into home plate and leaving the game, Kim was in the lineup as the Padres’ designated hitter for Monday’s series opener against the Rockies at Coors Field.
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“All the boys in this clubhouse, there’s not a single person who is 100 percent healthy,” Kim said. “So if I feel like I can play, I’m willing to play every day if I can.”
He took grounders at second base Monday and could play there as soon as Tuesday.
“He was kind of lobbying for it today,” manager Bob Melvin said. “But I think he understood to what we’re trying to do here. And his workload on the field, the way he plays, certainly what happened yesterday, would suggest today is probably (best) just DHing. … It’s certainly nice to have his bat in the lineup the way he’s been swinging.”
After scoring on a headfirst slide in the third inning of Sunday’s 5-3 victory over the Rangers, Kim immediately grabbed his shoulder. He was replaced at second base by Matthew Batten.
Batten was at first base Monday with Jake Cronenworth sliding over to second, where he has started the majority of his game in the majors.
Kim wore a snug elastic cloth harness across his shoulders and said he probably would do so the next couple days.
“I was a little concerned about today last night going to bed,” he said. “I took some meds last night and also took some meds this morning. But surprisingly, I felt really great. So it’s good news.”
Kim has been the Padres’ most consistent all-around performer this season. He is second among major league infielders with 15 defensive runs saved (11 at second base, three at shortstop and one at third base). His .279 batting average leads the team, and his .821 OPS ranks third behind Juan Soto (.923) and Fernando Tatis Jr. (.827).
Kim leads the team in stolen bases, is third in runs scored, and his consistent energy on the base paths and in the field might even exceed Tatis’ wattage.
“We need him; as simple as that,” Tatis said Sunday afternoon. “He’s the best player right now on the team. … With his game, he definitely inspires others to keep hustling, to keep grinding.”
Starting plan
The Padres have not decided who will start here Tuesday.
It could depend on whether Pedro Avila is used in Monday’s game.
The Padres having to use all of their back-end relievers Saturday and Sunday complicated the plan, effectively making them unavailable on Monday.
“All those guys that are down today, probably available tomorrow,” Melvin said Monday afternoon. “So we’ll see who gets used and whether or not we try to do it in-house or if we need another arm.”
Ryan Weathers is on track to be available Tuesday, having last pitched July 26, and could be called up.
Michael Wacha faced hitters for the first time since going on the injured list with shoulder fatigue, pitching two “innings” to minor leaguers at Petco Park on Monday.
“Felt good, velo was there,” Melvin said. “We’ll see how he feels (Tuesday). And we’ll probably have some plans on what’s next.”
Wacha, who has not pitched in a game since July 1, is expected back in mid-August. The Padres hope to slot him in during their run of 13 straight games that begins Aug. 11.
The right-hander has a 2.84 ERA and 1.07 WHIP in 15 starts (85⅔ innings). He was the Naitonal League pitcher of the Month in May.
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Padres notes: Ha-Seong Kim at DH, could play second by Tuesday; Michael Wacha takes significant step
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2023-08-01 01:25:10+00:00
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2023-08-01 00:35:19
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An out-of-session hearing by the Nebraska Legislature's Education Committee is signaling plans by conservatives to again push for legislation to determine how schools deal with race, LGBTQ+ issues and other hot-button issues
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https%3A%2F%2Fwww.sandiegouniontribune.com%2Fnews%2Fnation-world%2Fstory%2F2023-07-31%2Fhearing-on-hot-button-education-issues-signals-nebraska-conservatives-plans-for-next-year.json
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FILE - Nebraska state Sen. Dave Murman, R-Glenvil, sits in the Legislative Chamber in Lincoln, Neb., March 1, 2019. An out-of-session hearing by the Nebraska Legislature’s Education Committee is signaling plans by conservatives to again push for legislation to determine how schools deal with race, LGBTQ+ issues and other hot-button issues. Murman is the conservative chairman of the Nebraska Legislature’s Education Committee. His hearing Monday, July 31, 2023, mostly discussed social-emotional learning, or SEL, which has become a lightning rod among conservatives who say schools use it to promote progressive ideas about race, gender and sexuality. (AP Photo/Nati Harnik, File)
Just two months after one of Nebraska’s most contentious legislative sessions, lawmakers signaled Monday that more angry debate is likely next year over legislation to determine how schools deal with race, LGBTQ+ issues and other hot-button issues that have proved divisive in other Republican-controlled states like Florida.
Sen. Dave Murman, the conservative chairman of the Nebraska Legislature’s Education Committee, held a hearing that mostly discussed the use in schools of social-emotional learning, or SEL, that has become a lightning rod among conservatives who say schools use it to promote progressive ideas about race, gender and sexuality, and that a focus on students’ well-being takes attention away from academics.
The decades-old concept seeks to teach students how to manage their emotions, make good decisions, share and collaborate. But several witnesses invited by Murman made far-fetched claims that it’s being used to teach critical race theory in public schools, is part of a conspiracy to mine private student data and is even being used a form of “mind control.”
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Murman, a farmer from Glenvil, took over as chairman of the committee last year, when Republicans in the officially nonpartisan, one-chamber Legislature ousted a Democratic former schoolteacher from the post in what was widely seen as an effort by conservatives to “crack and pack” key committees to get more of their bills to the floor for debate.
That included education bills. A bill to allow taxpayer money to be used to fund private school scholarships did eventually pass. But others stalled, including a so-called parents rights bill by Murman to make it easier for parents to object to curriculum and remove books from school libraries.
Murman’s hearing Monday was an indication he will seek to revive that bill when the new session begins in January.
One of those invited to speak was Nebraska Board of Education member Kirk Penner, who noted that he was testifying for himself and not speaking for the board. He leveled accusations of pornography littering the shelves of public school libraries and accused administrators of pushing critical race theory — an academic theory that centers on the idea that racism is systemic in the nation’s institutions. He also advocated for passage of the parents rights bill.
Another witness, retired Kearney pediatrician Sue Greenwald, testified on behalf of a conspiracy-based political action committee she founded, the Protect Nebraska Children Coalition. She wove a convoluted tale that social-emotional learning is part of an agenda funded by global organizations who pay kickbacks to school administrators with the intention of indoctrinating students into everything from Marxist ideology to questioning their sexual orientation.
“I know I’m sounding like a crazy conspiracy theorist now,” Greenwald said. “But children are being given an employability score that will be used against them in 20 years.”
Asked seconds later about those conspiracies, she replied, “When the crazy people speak, you should believe them.”
Some of the most controversial testimony came from Murman himself, when he was asked by fellow Sen. Danielle Conrad if he agreed with recently approved Florida education standards that teach that slaves benefited from the skills they learned while enslaved.
“Slavery is wrong; there’s no doubt about that. But we all benefit from our background,” Murman replied, eliciting groans from the crowd.
Aggravated by the bent of the hearing, several left-leaning lawmakers held a competing public forum just down the hall in the Capitol in which the public was invited to express its views on social-emotional learning. A couple of dozen people turned out, with several criticizing conservatives who use phrases like “woke agenda” and words such as “groomers” and “indoctrination” to describe the state’s public education system and teachers.
Charlie Yale, 17, who is entering his senior year at Omaha Central High School next month, called out conservatives’ characterization of social-emotional learning as “simply not the truth.”
“For them, it’s not about education,” he said. “It’s about trying to turn Nebraska into the next Florida.”
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Hearing on hot-button education issues signals Nebraska conservatives' plans for next year
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https://www.sandiegouniontribune.com/news/nation-world/story/2023-07-31/hearing-on-hot-button-education-issues-signals-nebraska-conservatives-plans-for-next-year
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2023-08-01 01:25:19+00:00
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2023-08-01 00:40:10
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Washington state officials say a new wildfire near Spokane is prompting mandatory evacuations
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A fast-moving wildfire that ignited near Spokane Monday is prompting mandatory evacuations, Washington state officials said.
The West Hallett Fire started about 1:30 p.m. about 2.5 miles (4 kilometers) southwest of Spokane and had high potential for growth, the Washington State Department of Natural Resources said.
At least 20 homes are threatened. Some people in the area were told to evacuate immediately, with others warned to be set to leave, KREM-TV reported.
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Fourteen planes were dropping water and retardant on the flames, which had burned more than 200 acres (81 hectares) by about 5:30 p.m., DNR officials said. No structure loss has been reported, officials said.
The American Red Cross opened a shelter Monday afternoon at Cheney High School.
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New wildfire near Spokane, Washington, prompts mandatory evacuations
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2023-08-01 01:25:53+00:00
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2023-08-01 01:11:33
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It’s important for schools to make emotional and behavioral health a priority with behavioral intervention specialists and an on-site therapy team.
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Martinez is a volunteer and community outreach coordinator and a former student at Monarch School. She lives in Barrio Logan.
Before arriving as a student at Monarch School in San Diego, I had never heard of the concept of social-emotional learning and the ways that it could benefit students in unhoused situations. In previous schools, I was used to not drawing attention to myself and the tumultuous household I kept secret. I would do just enough to get by but not enough to be asked to join honor rolls or clubs, because I knew that it would not be possible for my mom to drive me places. When I arrived at Monarch, I quickly realized that this would be a school where I could participate in activities because here my potential was seen for the first time — before I even saw it for myself. I want to share how I was taught social and emotional skills, in addition to academics, to shed light on why social-emotional learning should be a vital component for every school’s curriculum.
One of the fundamental benefits of social-emotional learning is its emphasis on emotional intelligence. I experienced great growth and emotional progress when I started participating in expressive arts therapy, such as music, painting and group therapy collages. This helped me connect with my peers but also recognize my own traumas. The counselor guided me through my emotional distresses and provided a space for my anger and sadness to be heard and validated. This was my introduction to using the support of a professional to guide my emotions and not let them consume me. I can also attribute my interest in social work and the mental health world to this experience. It’s important for schools to make emotional and behavioral health a priority with behavioral intervention specialists and an on-site therapy team.
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Being at Monarch was also the first time I had worked to build healthy relationships, which were not taught to me. For once, I had the support of my teachers, teaching assistants and volunteers who were all there to help empower and see the potential in me. We had group art, clubs and athletics. I was able to make friends for the first time without fear of judgment or having them learn about how hectic my personal life was. This was so impactful and important to me because we were all going through the same hardships together. I did not have to hide my struggles or trauma because chances are that my friend was experiencing something similar, and we could both just empathize with each other. It was unfortunate, but we were not alone.
Having a space where I felt safe and supported helped me focus on my academics and thrive in that area. I arrived at Monarch one year behind on my math courses and was able to catch up the summer before my sophomore year. Just having that confidence to complete what I couldn’t in a year in two months was amazing. It made me realize that it was not me who was not competent. It was the way the other school was structured. For example, at my previous school, there had been no intervention from teachers or counselors to help raise my grades or check in to assess why my grades were not on track to pass my coursework. I would not have real-world skills had it had not been for Monarch. Attending gave me the opportunity to take college courses during my junior year and learn how to apply for federal student aid and how to look for jobs. Having an amazing support system in my teachers helped me discover my strengths and improve my weaknesses. As students, we were exposed to critical skills such as problem solving, decision making and conflict resolution. Having these skills prepared me for a post-graduate life with challenges that I was able to overcome. I also knew that I had a support system within our alumni community for those challenges when I needed extra resources.
Overall, I am so proud of the person I have become and am still becoming, thanks to my support system here at Monarch. I can confidently say that I would not be where I am in my academic and professional life if it had not been for the social, emotional and life skills I was taught. I am so grateful for the community and opportunities that Monarch has given me — including my job as volunteer and community outreach coordinator for the school — and I hope that I can offer a similar experience to our students.
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Opinion: The Monarch School helped me as a homeless youth
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https://www.sandiegouniontribune.com/opinion/commentary/story/2023-07-31/opinion-monarch-school-homeless-social-emotional-learning-san-diego
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2023-08-01 01:26:18+00:00
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2023-08-01 00:26:11
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The Cincinnati Reds have acquired reliever Sam Moll in a trade with the Oakland Athletics
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Oakland Athletics relief pitcher Sam Moll works against the Colorado Rockies in the sixth inning of a baseball game Friday, July 28, 2023, in Denver. (AP Photo/David Zalubowski)
The Cincinnati Reds acquired reliever Sam Moll in a trade with the Oakland Athletics on Monday.
The addition of Moll puts another left-hander in Cincinnati’s bullpen as it tries to become the first team to win a division after losing at least 100 games in the previous season. The Reds led the NL Central by a half-game over Milwaukee heading into play on Monday.
Moll, a third-round pick in the 2013 amateur draft, is 0-3 with a 4.54 ERA in 45 appearances this year. He has held lefty hitters to a .197 batting average.
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“It’s a nice extra guy in the bullpen. He’s left-handed, obviously, gets lefties out,” Reds general manager Nick Krall said. “He also has options and control as well.”
The Reds got Moll and international cap space from Oakland for minor league right-hander Joe Boyle. The 6-foot-7 Boyle was selected by Cincinnati in the fifth round of the 2020 amateur draft.
To make room for Moll on the 40-man roster, the Reds transferred right-hander Hunter Greene to the 60-day injured list. Greene is coming back from right hip pain.
With Greene and Nick Lodolo sidelined by injuries, Cincinnati could use another arm for its rotation ahead of the deadline. It also could get more help for its busy bullpen.
“It’s how can we better our team?” Krall said. “We’re looking at things, whether it’s offense, defense, starting, relief — whatever it is that can make our team better, we’re looking at it.”
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AP MLB: https://apnews.com/hub/mlb
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Cincinnati Reds acquire lefty reliever Sam Moll in a trade with the Oakland Athletics
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2023-08-01 01:26:12+00:00
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2023-08-01 00:29:41
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Blue Jays shortstop and American League batting leader Bo Bichette left Monday’s game against the Baltimore Orioles in the third inning because of a sore right knee
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Toronto Blue Jays’ Bo Bichette, center, is helped off the field by Blue Jays manager John Schneider, front left, and first base coach Mark Budzinski, right, after taking an injury during fourth-inning baseball game action against the Baltimore Orioles in Toronto, Monday, July 31, 2023. (Nathan Denette/The Canadian Press via AP)
Toronto Blue Jays shortstop and American League batting leader Bo Bichette left Monday’s game against the Baltimore Orioles in the third inning because of a sore right knee.
Bichette hit a two-out single to right field off Orioles right-hander Kyle Gibson and made the turn for second, but started to slow up as he saw Anthony Santander throwing the ball to the infield. Bichette then stopped running and reached for his knee. Shortstop Jorge Mateo came over and tagged Bichette to end the inning.
The Blue Jays said Bichette left the game because of right knee discomfort.
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Bichette leads the AL with a .321 batting average. He reached on an infield single in the first and leads the AL with 144 hits. The son of former slugger Dante Bichette has 17 home runs and 59 RBI in 106 games this season.
A two-time All-Star, the younger Bichette led the AL in hits in 2022 and 2021.
Santiago Espinal replaced Bichette at shortstop in the fourth.
Toronto entered play Monday at 59-47, tied with Houston in the wild-card race. The Blue Jays came in 5 1/2 games behind the AL East-leading Orioles.
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AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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Blue Jays SS Bo Bichette leaves game against Orioles because of sore right knee
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2023-08-01 01:25:27+00:00
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2023-08-01 01:18:24
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The $3.9 billion humanitarian appeal for war-torn Ukraine is less than 30% funded as the country starts preparing for a second winter with more residential buildings damaged and destroyed and thousands of people homeless following the collapse of the Kakhovka dam
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An apartment building after it was hit during a Russian missile strike in Kryvyi Rih, Ukraine, Monday, July 31, 2023. (AP Photo/Libkos)
The $3.9 billion humanitarian appeal for war-torn Ukraine is less than 30% funded as the country starts preparing for a second winter with more residential buildings damaged and destroyed and thousands of people homeless following the collapse of the Kakhovka dam, the country’s U.N. humanitarian coordinator said Monday.
Denise Brown told a virtual news conference from Kyiv that 17 million Ukrainians need aid and the U.N. is targeting between 11 million and 12 million — but funding is becoming a serious issue.
A report last week from the U.N. humanitarian office said lack of funding “is hampering operations, adding to the challenges imposed by insecurity and other obstacles.”
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By the end of June, it said, the U.N. and its humanitarian partners reached 7.3 million people but in some parts of Ukraine’s south, east and north, more than 25% of targeted people couldn’t be reached “due to a combination of funding shortages and other operational challenges.”
Brown stressed that winter starts early in Ukraine and a top priority is ensuring shelter for people who have lost their homes this year. Another priority is the growing need for psycho-social support for people who have struggled through 17 months of war, she said.
The rupture of the Kakhovka hydroelectric dam and emptying of its reservoir on the Dnieper River in southern Ukraine on June 7 added to the misery in a region that has suffered from artillery and missile attacks and has now seen thousands of people left homeless and swathes of agricultural land destroyed.
Each side has accused the other of destroying the dam, but the various Russian allegations — that it was hit by a missile or taken down by explosives — fail to account for a blast so strong that it registered on seismic monitors in the region.
Brown said a government-led assessment is under way with support from the U.N., European Union and World Bank on needs following the dam collapse and should be ready “in a couple of weeks.” She said acute needs have been managed, but “longer-term needs are very large.”
What all this means, Brown said, is that “the needs of the population are increasing.”
“We know that donors are doing their best, but the needs are enormous,” she said. ”I’m hopeful that funding will come.”
Ukraine is far from alone in facing a serious funding shortfall.
On Friday, a top U.N. official said the United Nations has been forced to cut food, cash payments and assistance to millions of people in many countries because of “a crippling funding crisis” that has seen its donations plummet by about half as acute hunger is hitting record levels.
Carl Skau, deputy executive director of the U.N. World Food Program, told a news conference that at least 38 of the 86 countries where WFP operates have already seen cuts or plan to cut assistance soon -- including in Afghanistan, Syria, Yemen and West Africa.
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The $3.9 billion UN humanitarian appeal for Ukraine is only 30% funded, UN aid official says
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https://www.sandiegouniontribune.com/news/nation-world/story/2023-07-31/the-3-9-billion-un-humanitarian-appeal-for-ukraine-is-only-30-funded-un-aid-official-says
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2023-08-01 01:25:19+00:00
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2023-08-01 00:57:44
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New York officials have shut down what they call seven unlicensed cannabis dispensaries in the western part of the state
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New York officials shut down what they called seven unlicensed cannabis dispensaries in the western part of the state Monday, alleging the owner ignored repeated notices to stop operating without approval, sold cannabis products to underage customers and once held hunts for Easter eggs that were redeemable for pot products.
The owner of the “I’m Stuck” shops in Cayuga, Oswego and Wayne counties, David Tulley, adamantly denied selling products to minors. Tulley also told The Associated Press that his stores offer consulting and education about cannabis products for a fee and provide free samples, so they do not need state licenses.
“We’re ready to go to war with New York state and we get our day in court on Wednesday ... so we’ll be happy to talk to them,” Tulley said.
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Wednesday is when Tulley has been ordered to appear in court in Wayne County as the state seeks orders to close his stores, stop him from dispensing cannabis products and make him pay fines.
The shop closures come as New York has boosted enforcement efforts in response to hundreds of bootleg pot shops that have opened since the state legalized recreational marijuana use in 2021.
New York law allows the state to impose a $10,000 penalty for each day a business sells cannabis without a license, as well as a $20,000 penalty for each day cannabis is sold after the business receives an order to stop by the state. State officials say Tulley potentially faces millions of dollars in penalties, because the state first sent him cease-and-desist orders in February 2022.
Gov. Kathy Hochul, Attorney General Letitia James and the state Office of Cannabis Management announced the closure of Tulley’s stores, citing new authority in a law approved earlier this year that allows the attorney general’s office to take cannabis law violators to court, upon request by the Office of Cannabis Management. State police helped shut down the stores — the first shops to be closed under the new state law, they said.
“It’s critical to crack down on illegal operators who are breaking the law and undermining the success of entrepreneurs and consumers who follow the rules,” Hochul said in a statement.
State officials also are seeking penalties against the owners of the buildings where Tulley’s shops are located.
Undercover investigators bought $1,000 worth of cannabis products from six “I’m Stuck” stores and said multiple shops illegally sold cannabis products to people under 21, officials said.
In April, Tulley’s stores advertised Easter egg hunts in public places including playgrounds and churches, authorities said. The eggs could be redeemed for cannabis products and children’s toys, officials said. A state investigator redeemed numerous eggs for cannabis flower, edibles, cannabis seeds and other products at one of Tulley’s stores in Macedon, authorities said.
The Office of Cannabis Management also said it seized more than 47 pounds (21 kilograms) of cannabis flower, 244 pounds (111 kilograms) of cannabis edibles and 89 pounds (40 kilograms) of cannabis concentrate during inspections of Tulley’s stores.
Tulley said his shops educate consumers about cannabis products so they can make informed purchases at licensed dispensaries. He said his shops provide free samples ranging from a cannabis gummy to one or two ounces of cannabis flower.
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NY shuts down alleged unlicensed cannabis shops as owner insists they only give away free samples
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2023-08-01 00:41:35+00:00
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2023-08-01 00:23:26
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Eddie Faulker's autopsy found he died from "acute" intoxication from fentanyl, as well as trazodone, which an antidepressant, and gabapentin, a medicine used to treat nerve pain or seizures
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A 53-year-old man found unresponsive in a Vista jail cell earlier this year had a combination of fentanyl and prescription drugs in his system, sheriff’s officials said Monday.
Eddie Faulker’s autopsy found that he died from acute intoxication from fentanyl, trazodone, which an antidepressant, and gabapentin, a medicine used to treat nerve pain or seizures, homicide Lt. Joseph Jarjura said in a press release. The Homicide Unit investigates all in-custody deaths.
Sheriff’s officials did not specify the amount of each of the drugs in his system.
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Heart diseases were a contributing factor, Jarjura said of the autopsy finding. Faulkner’s death was determined to be an accident.
He was first booked into jail Nov. 7 on suspicion of failing to register as a sex offender and of violating the terms of his probation, officials said.
Faulkner was alone in his cell when he was found unresponsive on the evening of April 17, according to the Sheriff’s Department, which manages the county’s jails. Deputies and medical staff responded immediately and performed life-saving measures, but Faulkner died before he could be taken to a hospital.
As of Monday, 11 people have died in the local jails this year.
Last year, a record 19 people died in San Diego County jail custody, and a 20th person who had been long hospitalized died shortly after he was released from county custody for medical reasons.
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Fentanyl, other drugs blamed in Vista jail cell death, officials say
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2023-08-01 01:26:05+00:00
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2023-08-01 01:11:16
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Monarch’s students arrive with strengths that must be recognized and are served in an environment where those strengths are grown or sustained.
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Monarch School’s Chrysalis Center for the Arts had its grand opening celebration at Barrio Logan on Wednesday, May 11, 2022. The new art center provides students a space for performances, music, dancing and visual arts. Monarch School, which has been operating since 1987, serves unhoused students.
Elliott is chief operating officer at Monarch School and lives in Spring Valley. Smith, Ph.D., is associate director of research at The Jacobs Institute for Innovation in Education at University of San Diego. She lives in Michigan.
The McKinney-Vento Act, a 1987 U.S. law that provides federal money for homeless shelter programs, defines student homelessness as the lack of a fixed, adequate and regular nighttime residence. Homelessness is a condition that over 20,000 school-aged youth in San Diego County are experiencing right now. When discussing unhoused youth, the focus tends to be placed on the deficits of the population — lack of housing is often associated with social and academic shortcomings that dominate the conversation. However, this is only part of the story.
Since 2016, the Monarch School Project has been conducting research on the social-emotional learning of the student population by integrating it with academics and measuring the impact of our approaches to the work. The Monarch School is a K-12 public school that partners with the San Diego County Office of Education to serve San Diego’s unhoused youth and their families — the only one of its kind in the country.
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The results from this study, as recently shared in our white paper — “Promoting Resilience: Social-Emotional Sustenance at the Monarch School” — provide a remarkable story to shift the narrative around the potential of this population. Over three years, from 2016 to 2019, the study showed that unhoused youth have a strong capacity for social-emotional learning and can sustain these skills over a long period of time.
Monarch’s study, in partnership with The Jacobs Institute for Innovation in Education at the University of San Diego, has allowed us to quantify the areas of strength and opportunities around social-emotional learning for unhoused students in a way that has never been measured before. The first three years of data showed that unhoused students have strong and consistent social-emotional learning skills, regularly scoring an average of 3.5 out of 5 across most factors masured, including sense of belonging and self-esteem. We believe this strength is associated with the extraordinary grit and perseverance that students have cultivated from navigating the complex trauma that is homelessness.
Perhaps the most groundbreaking piece of knowledge coming out of this study is around a Monarch-developed social-emotional learning construct: restorative mindset. This measure is designed to capture the impact of integrating restorative justice practices in schools. Restorative mindset is crucial in education, especially in institutions dedicated to serving vulnerable populations. A restorative approach validates the experiences of everyone, but especially of those who have been harmed or marginalized, and it centers healing and integration rather than alienation.
Since Monarch began measuring social-emotional learning growth in 2016, restorative mindset has been the highest scoring and most consistent social-emotional learning factor in students over time. This speaks to this population’s strong tendency to learn about and understand themselves, to care about their communities and to make things right when harm occurs.
Monarch’s students arrive with strengths that must be recognized and are served in an environment where those strengths are grown or sustained. Deploying and measuring evidence-based approaches, shown in the recent and continuing studies, will allow this school and others to impact the lives of thousands of unhoused youth locally. This fosters a new way of thinking about the learning potential of students across the nation, which matters more than ever as educators now face the implications of the COVID-19 school closure.
The Jacobs Institute at the University of San Diego partnered with the Monarch School Project to engage in a second longitudinal study that began in fall 2022. Unique components of this study include the ability to match students from pre- and post-COVID-19 time frames to explore the impact of the pandemic on student social-emotional development.
Restorative mindset, along with strengths-based and trauma-informed care, is a part of Monarch School Project’s core. With the University of San Diego, we have developed an evaluation tool to measure the impact of integrating social-emotional learning with academics, built on the foundation of these core approaches.
This story of social-emotional learning growth and sustenance has been 30 years in the making at Monarch, and now we are ready to share what we know to be true with the world: Unhoused youth have strengths, among them are a strong and steady socio-emotional learning capacity and the ability to make meaningful contributions to healing and restoring the communities to which they belong.
We want to share our effective practices by scaling these approaches, sharing this data and the tools to measure impact for the benefit of all youth in all schools.
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Opinion: We must focus on the strengths of our unhoused kids
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2023-08-01 01:26:33+00:00
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2023-08-01 00:44:55
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Padres should find out the trade value of Josh Hader, Blake Snell and Juan Soto before Tuesday's trade deadline. But the better play is to spruce up the lineup depth and middle relief and ask stars to lead the way.
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It’s a very close call, but the Padres ought to retain Blake Snell and Josh Hader through Tuesday’s trade deadline — absent an offer that blows them into San Diego Bay — and try to leapfrog several teams to claim the league’s third wild card.
I would not criticize a trade of Snell or Hader or Juan Soto because of the potential returns — but I don’t buy the notion the Padres won’t muster a hot stretch just because they haven’t done so all year. They’re more capable now. They’ve solved a few pressing problems, though not all of them.
They do need to improve their lineup depth and middle relief. Can that be done without moving any top prospects? Won’t be easy, but that happens in most trade markets.
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In the summer of 1998, to pick a Padres example, Kevin Towers obtained depth players Jim Leyritz and John Vander Wal for fringe prospects. Contrary to today’s belief that all hitters flop soon after joining a Padres’ playoff push, Leyritz delivered down the stretch, while Vander Wal was adequate. Both lit up the postseason.
Raising the standard to the clouds two summers ago, Braves GM Alex Anthopoulos imported four outfielders who all panned out without costing Atlanta a core prospect. The party didn’t end until after the final bottle of World Series champagne was emptied.
Even if the Padres were to fall short of the third wild card, there’s value in having this group of players try to grind out a playoff berth over the final two months. As hopelessly old-fashioned as this will sound, they’re still learning how to win together. Going through a full “playoffs-or-bust” season should improve the team’s competitive makeup next year when, in part because of several heavy contracts, many of the same core players will reassemble.
Of course, Snell and Hader may not be part of next year’s push, as they’re eligible for free agency in November. There’s a case for trading them now, in the belief they’d leave as free agents, an outcome that probably would give the Padres merely a pair of picks after the fourth round of next year’s draft.
Snell and Hader may or may not welcome a trade (not that they could veto it) and the prospect of having to tax their arms with a new team — potentially across four tiers of the postseason — while on the cusp of free agency.
The Padres have hedged the workloads of each lefty. Hader has thrown just 40 innings, placing him 22nd of the 29 pitchers who have 10-plus saves this season. Snell’s innings total stands 32nd, though his high pitch counts are a factor.
Trading Soto has to be considered, too. Because his contract expires after next season, his trade value won’t be higher this offseason or next summer than it is now.
Plus, the Padres have already solved a few serious problems. Soto is one big example.
I wrote earlier this season that if he relearned how to stay on pitches and hit them the other way, it would be the final piece toward his regaining top form.
For the most part, that has happened. Since May 1, about when he figured out the pitch clock (predating his much-improved all-fields hitting by about a month), Soto has batted .293 with 15 home runs, 22 doubles and 53 RBIs. Walks help, too, and Soto has 70 of them in those 78 games heading into Monday. The .986 OPS in the three-month stretch exceeds Soto’s career mark by 40 points.
Padres second baseman Ha-Seong Kim point into the dugout after scoring in Wednesday’s game. (Meg McLaughlin/The San Diego Union-Tribune)
Ha-Seong Kim is another example. He learned how to handle hotter fastballs. That’s how he has become a versatile hitter who can produce atop the lineup against a variety of pitchers, a large recent development. The problem now is that Kim left Sunday’s game with a right shoulder injury. The team said exams showed no structural damage. Fans have to hope that’s true.
Xander Bogaerts had problems to solve, too. A balky wrist and related bad hitting habits enfeebled him all too often, following a strong three-week stretch to open the season.
In the aftermath of hand and wrist injuries, handling inside heat is often the final piece.
I described as a breakthrough Bogaerts’ home run July 3 off a fastball that dotted the upper inside corner. In the 22 games between then and Monday, Bogaerts has batted .288 with a .756 OPS. That’s progress, but he’ll need to hit the ball hard more often.
Grade-F hitting by their catchers hurt the Padres in April and May, but now that Luis Campusano has returned from a thumb injury and May 30th addition Gary Sanchez has been refreshed, the position’s offense appears passable or better. As a bonus, they’ve enhanced the pitiful DH production.
Joe Musgrove’s limited innings bode well for a late surge. (Meg McLaughlin/The San Diego Union-Tribune)
It is the critical area of frontline pitching — both its effectiveness and workload — that argues loudest for pursuing the bronze wild card.
Even if Snell’s expected ERA of 3.86 portends a rise in his actual ERA of 2.50, he still shows a quick arm that has maintained a 95.6-mph fastball. Meantime, Joe Musgrove (3.05 ERA) stands just 80th in innings. That bodes well for sustaining his rare arm speed and fierce spin rates that cause hitters to chase pitches out of the strike zone.
Michael Wacha (2.84 ERA) and Seth Lugo (3.62 ERA) both sit below 90th in innings, a sign they’ll continue to outperform their status as back-of-the-rotation starters. Disclaimers: Lugo, a converted reliever, may need extra breathers; and Wacha still hasn’t returned from shoulder inflammation.
For 37-year-old Yu Darvish, whose chase rate has gone the wrong direction, encouraging signs are a moderate innings total (59th) and expected ERA of 3.70.
The relief tandem of Hader and a fresh-armed Robert Suarez should allow Padres President of Baseball Operations A.J. Preller to focus elsewhere in the bullpen. An arm ailment sidelined Suarez all season until his recent return. Through five games, his fastball has averaged 96.7 mph. While that’s down from last year, it’s probably good enough. And, likely, he’s still building arm strength.
So what the Padres seem to have here is a good amount of premium talent, much of it grooved and not overtaxed. If upgrades can be added to an improving but still deficient supporting group, a challenge for the sixth spot in the 15-team National League isn’t wildly implausible. Last year’s winner of NL wild-card bronze, the Phillies, arose to the World Series, but let’s not get ahead of ourselves.
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Tom Krasovic: Padres should go for it at the trade deadline
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2023-08-01 01:26:24+00:00
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2023-08-01 00:24:44
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Japan held the ball far less against Spain than it did in its first two matches
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Japan’s Mina Tanakacelebrates after scoring her side’s 4th goal during the Women’s World Cup Group C soccer match between Japan and Spain in Wellington, New Zealand, Monday, July 31, 2023. (AP Photo/John Cowpland)
Japan held the ball far less against Spain than it did in its first two Women’s World Cup matches and yet kept right on scoring.
Japan switched tactics in its final Group C match, moving from a possession-oriented style to quick counterattacks. The result was a 4-0 trouncing of the sixth-ranked team in the world, a first-place finish in the group, and a display of versatility that makes Japan look like a serious title contender.
Playing in a stadium dominated by their fans, the Japanese time and again swarmed the Spanish offense, stole the ball, and moved up the pitch as aggressively as possible. Japanese forward Hinata Miyazawa scored twice and said she “never imagined” such offensive power.
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“Achieving the result is something that is a great pleasure for me,” she said. “It’s everybody’s goal together, not just me.”
Miyazawa’s performance against Spain was the latest in a run that’s elevated her to one of the tournament’s best forwards. She has four goals and an assist in three games.
It’s a remarkable turnaround from Japan’s 2019 performance at the Women’s World Cup, when the entire team scored three goals in four games.
Japan’s aggressive play was noticeably different from Spain’s approach. The Spanish took their time in possession, moved the ball around and tried to poke holes in the Japanese backline. It didn’t work and Japan claimed its third shutout through three games at the tournament.
The Japanese were an unyielding block on defense, which forced Spain toward the edges of the pitch. while the Japanese flooded the box to avoid giving up a goal from a cross. La Roja had just one shot on goal in the first half, which goalkeeper Ayaka Yamashita comfortably saved.
“We passed the ball many times, but horizontally, and it was not what we were looking for,” Spanish coach Jorge Vilda said through a translator. “What we always look for is to reach the opponent’s goal. We were not able to achieve this.”
Japan’s counter-attacking style was far different from its previous matches. Against Zambia and Costa Rica, Japan held the majority of possession. Against Spain, Japan only controlled possession 24% of the time.
“The first and the second game, we had more time for us to be able to work with the ball and be able to be careful on their counterattack,” Japan manager Futoshi Ikeda said.
Futoshi prepared his team to spend the majority of the game against Spain on defense and then “take advantage of whatever opportunity” they had.
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Joe Lister is a student in the John Curley Center for Sports Journalism at Penn State.
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AP Women’s World Cup coverage: https://apnews.com/hub/fifa-womens-world-cup
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Japan switches tactics at Women's World Cup to secure another big win
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2023-08-01 01:25:24+00:00
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2023-08-01 00:01:25
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Phoenix snaps 31-day streak of highs at or above 110 degrees as Southwest heat wave eases slightly
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Phoenix snaps 31-day streak of highs at or above 110 degrees as Southwest heat wave eases slightly.
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Phoenix snaps 31-day streak of highs at or above 110 degrees as Southwest heat wave eases slightly
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2023-08-01 00:41:42+00:00
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2023-08-01 00:00:42
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Senior aims to be more productive at position that figures to be featured in SDSU offense, gives his take on tacos and discusses a passion away from football
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SDSU head coach Brady Hoke and new offensive coordinator Ryan Lindley both have said over and over that the Aztecs’ offense will be modeled after Utah’s, which prominently features the tight end.
The Utes feature their tight ends to such a degree that the past two seasons nearly 40 percent of the team’s receptions were by tight ends.
At Monday’s practice, SDSU tight ends coach Savai’i Eselu could be heard during one drill imploring his group to run tighter inside routes and finish after the catch.
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Tight end Mark Redman, a 6-foot-6, 255-pound senior from nearby Newport Beach, is the best of the bunch.
Redman (21 catches, 233 yards, 2 TDs) is SDSU’s second-leading returning in the pass-catching department, behind only wide receiver Mekhi Shaw (29 catches, 349 yards, 3 TDs).
It’s no secret Redman is expected to be targeted by SDSU quarterback Jalen Mayden much more regularly this year — Mountain West media made him the pick at tight end on the 2023 all-MW preseason team.
San Diego State tight end Mark Redman (21 catches, 233 yards 2 TDs) is SDSU’s second-leading returning receiver. (Meg McLaughlin/The San Diego Union-Tribune)
Here are five questions with Redman as the Aztecs continue training camp:
Union-Tribune: What did you learn from your first season last year as a full-time starter?
Redman: “The whole attitude part of it, and toughness. You’ve got to be a tough guy on the field and you really can’t care for anyone else and what they have to say for you.
“A huge thing for me last year was contested catches. I really want to get better and work on that. ...
“That’s the one thing that stood out to me last year. I’ve talked to Coach Savai’i and Coach Lindley about that. Really it’s just winning those 50/50 balls where they’re all over you because (with a) big body you can throw it out there. Me and Jalen have been working on some things like that as well, but just got to be able to complete those contested catches.
U-T: Would it help if perhaps you spoke to some of the SDSU basketball players and get advice on how to block out for rebounds?
Redman: “Actually, I’m good buddies with Nate Mensah and Matt Bradley. Matt is my neighbor. I might have to talk to them about that. ... Trying to work small little details like that at practice and in the offseason. That’s what we’re trying to work on the most.”
U-T: There’s a growing debate of Orange County burritos and tacos vs. San Diego. What’s your take?
Redman: “I’ve got a place in Orange County called Chronic Tacos. If you’re ever in the Orange County area, Southern California area, that is the bomb. I’ve hit some places down in San Diego. There’s one in Ocean Beach called Mike’s Taco Club. If you’re ever down there, highly recommend. But it doesn’t matter where you are in SoCal, you’re going to get something good.”
U-T: You’re a communications major, but could you see yourself following another career path?
Redman: “I wasn’t really sure what I wanted to do, but my older brother is a pilot right now, and I just got my pilot’s license two months ago. So that’s something I want to pursue in the future once football is done. It’s something I really love doing.
“I’ve flown about 105-110 hours. It’s kind of a funny story here as well. Coach Savai’i, when I first got here to San Diego State, he said, ‘No way. I started doing that when I was 15.’ I didn’t believe him, then he started talking about some of the terminology and stuff and just a couple days ago he sent me a picture of when he was 15 in a plane flying around. So now I believe him.
“I’ve (soloed from Orange County) to San Diego. About 100 miles to the north. I’ve been up and down the coast. It’s awesome.
U-T: So if the pilot ever gets sick on your team charter, are you prepared to take over at the controls?
Redman: “Everyone is always talking about that. I’ll do my best.”
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5 Questions: Aztecs TE Mark Redman talks toughness, Mexican food - and his secret skill
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2023-08-01 01:25:47+00:00
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2023-08-01 00:39:30
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The ruling in the criminal case against a jail doctor and nurse over the death of Elisa Serna, 24, means that only select members of the news media — not the general public — may view the recordings.
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Jail nurse Danalee Pascua, seen in court with her lawyer Alicia Freeze, right, had objected to news organizations’ request for copies of video evidence presented at a July preliminary hearing.
A Superior Court judge has granted a defense attorney’s request to withhold video showing the last hours and minutes endured by Elisa Serna, a 24-year-old woman who died in a San Diego County jail after being left alone on the floor of her cell.
The attorney for jail nurse Danalee Pascua objected to a request from The San Diego Union-Tribune and two other news outlets for copies of the videotaped evidence presented at a July preliminary hearing.
Instead, Judge Selena Dong Epley said specifically approved reporters could apply to view the tapes privately, on the condition they not copy or distribute them.
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“No media representatives will be allowed to photograph, video-record, download or otherwise make copies of any of the exhibits they are allowed to view pursuant to this order,” the judge said in a ruling issued late Friday.
“‘Access’ to the exhibits is limited to viewing only,” she added. “The court does not authorize the handling of any exhibits by anyone except as authorized and supervised by the court’s custodian of exhibits.”
Pascua and jail physician Friederike Von Lintig were each charged with one count of involuntary manslaughter after Serna died at the Las Colinas women’s jail in 2019.
Watchdog Doctor and nurse will stand trial in 24-year-old woman’s jail death A jury will decide whether Dr. Friederike Von Lintig and nurse Danalee Pascua were criminally negligent in treating Elisa Serna, after a judge determined Monday there was enough evidence for the case to proceed.
Both defendants, who face up to four years in state prison if convicted, were bound over for trial after a weeklong preliminary hearing last month.
The Union-Tribune requested access to portions of video recordings that prosecutors presented as evidence at the preliminary hearing in late June. KPBS and CBS 8 filed similar requests the next day.
The video, which helped Epley reach her decision to hold the defendants over for trial, shows Serna in sheriff’s custody over five days.
Serna was arrested in November 2019 on suspicion of theft and drug-related charges. During the booking process, she told deputies she had a history of drug and alcohol abuse, but she was not placed on withdrawal protocols for four days, court records show.
Dr. Frederike Von Lintig appears in an El Cajon courtroom in October. (Eduardo Contreras/The San Diego Union-Tribune)
Serna died the following day after Pascua and an unnamed deputy watched her fall in her cell and strike her head on the wall. In surveillance video footage, Serna appears to have a seizure while on the floor of her cell.
Pascua told investigators she tried to take Serna’s vital signs but was unable to collect them. She and the deputy are then shown in the video leaving the cell. Serna was left lying prone on the floor, her head between the cell wall and floor.
After a few minutes, urine is seen flowing away from Serna’s body. She was discovered deceased nearly one hour later, her body in the same position as it fell.
Serna’s family members, who have also filed a civil lawsuit against San Diego County, said they supported having the video released publicly because they want people to see how Serna was mistreated by sheriff’s jail staff.
Pascua, however, filed an objection to the request.
“On July 19, 2023, defendant Danalee Pascua filed an ‘Objection to Media Request to Access, View and Duplicate Exhibits’ which the court has considered,” the judge noted in her order.
Paloma Serna looks on during a rally and vigil for her daughter Elisa, who died in jail in 2019, outside the El Cajon Courthouse on March 27. (Kristian Carreon/For The San Diego Union-Tribune)
Attorney Alicia Freeze, who is representing Pascua in the criminal proceeding, did not respond to a request for comment Monday.
At least one legal expert questioned the judge’s order, saying it appeared to violate the rules governing courtroom evidence.
“This is highly unusual and highly suspect that the judge will not allow the media to duplicate in any way a video that was shown in open court,” said David Loy, an attorney with the First Amendment Coalition, an open-government advocacy nonprofit.
“The order to me is far broader than necessary to protect the authenticity or chain of custody of the original video,” he said. “Evidence is evidence is evidence. It’s a court record. It’s a video that was shown in open court, and the public has a right to see it.”
San Diego County has a long history of deaths in its jails. A state audit released last year found 185 in-custody deaths between 2006 and 2020.
Serna was the 15th person to die in sheriff’s custody in 2019; another person died in county jail later that year. The Sheriff’s Department recorded 12 more in-custody deaths in 2020 and 18 the following year.
A record 20 people died in San Diego County jails last year, including one man who was given a compassionate release hours before dying at a local hospital.
So far this year, 11 people have died in sheriff’s custody.
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Judge withholds videos of Elisa Serna's last hours in jail
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2023-08-01 01:25:07+00:00
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2023-08-01 01:11:45
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The Monarch School — a public-private partnership between the San Diego County Office of Education and the nonprofit Monarch School Project — educates unhoused youth at its Newton Avenue campus.
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The Monarch School — a public-private partnership between the San Diego County Office of Education and the nonprofit Monarch School Project — educates unhoused youth at its Newton Avenue campus.
Below, a former student, a school executive and an education researcher, and a school counselor write about how Monarch’s decision to emphasize social-emotional learning is helping many students.
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Monarch School shows how to support unhoused students
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2023-08-01 01:26:27+00:00
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2023-08-01 00:22:45
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Devin Bush knows why Seattle pursued him — and he’s confident he can deliver
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Devin Bush knows why Seattle pursued him — and he’s confident he can deliver.
Heading into his first season with the Seahawks, the 25-year-old believes he can make a difference as part of a thin linebacker group that seems likely to be without 2022 leading tackler Jordyn Brooks, who suffered a torn ACL late last season.
Bush is three years removed from a major knee injury of his own. But he isn’t worried about his ability to stay on the field, and views his one-year, $3.5 million deal with Seattle as proof of its faith in his abilities.
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“I don’t think I have much to prove, I just think it’s just more of a reminder, you know, I’ve obviously come back from that,” Bush said. “I’ve been back for going on three years now and if I wasn’t healthy, if I wasn’t still good enough, I’m sure coach (Pete) Carroll wouldn’t ever even have picked up the phone to call me. I’m here for a reason and I’m here to play a role.”
Bush finished third in defensive rookie of the year voting after getting picked 10th overall by Pittsburgh in the 2019 draft, but underwent ACL surgery the following season. Since then, he hasn’t been able to match the level of play from his first year.
Bush became a free agent in March when Pittsburgh declined his fifth-year rookie option. Soon after, the Seahawks called and offered him a chance at a significant role with Brooks still recovering. Seattle also lost Cody Barton, who signed with Washington in free agency.
One exciting thing for for Bush about being in Seattle is the presence of Bobby Wagner, who signed a contract to return to the Seahawks nine days after Bush inked his deal. The pair have texted back and forth since Bush’s rookie year with the Steelers, but had never met in person before becoming teammates.
Bush is trying to soak up every bit of knowledge he can from the veteran linebacker, who he describes as a “coach on the field.”
“He’s a good guy to pick his brain with knowledge, and he’s a good guy to talk to just as a person too,” Bush said. “It’s good on both sides, on and off the field. You can’t really put those words into perspective about how useful he is to the team.”
Wagner has been pleased so far with Bush’s progress in learning the Seahawks’ defensive system. He complimented an interception that Bush hauled in while covering Tyler Lockett in Monday’s practice.
“I think he needed this new environment, a fresh environment,” Wagner said. “He’s been making plays. Yesterday he had a nice little pick that he took back, so I think he’s getting more and more comfortable with the scheme. I’ll be excited to see him out there on the field making plays.”
With a new team, a new system, and Wagner to help guide him, Bush is eager to show he can be a standout player once again.
“It’s huge motivation behind all that, and I think now it’s a different side of the table,” Bush said. “Now I’m playing with a group that allows me to be a professional and play football. So I mean, different outcomes are going to come.”
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AP NFL: https://apnews.com/hub/nfl
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Linebacker Devin Bush is seeking a fresh start with the Seahawks and could play a big role
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2023-08-01 01:15:15+00:00
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2023-08-01 00:40:05
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The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week.
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SAN FRANCISCO (AP) — A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed.
The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend. Complaints included concerns about its structural safety and illumination.
The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week. That work was temporarily paused because the company did not have the necessary permits. For a time, the “er” at the end of “Twitter” remained up due to the abrupt halt of the sign takedown.
The city of San Francisco had opened a complaint and launched an investigation into the giant “X” sign, which was installed Friday on top of the downtown building as Musk continues his rebrand of the social media platform.
The chaotic rebrand of Twitter’s building signage is similar to the haphazard way in which the Twitter platform is being turned into X. While the X logo has replaced Twitter on many parts of the site and app, remnants of Twitter remain.
Representatives for X did not immediately respond to a message for comment Monday.
Copyright 2023 The Associated Press. All rights reserved.
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Brightly flashing ‘X’ sign removed from the San Francisco building that was Twitter’s headquarters
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2023-08-01 01:15:29+00:00
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2023-08-01 00:24:34
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Starting August 1, recreational marijuana will be legal in the state of Minnesota.
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DULUTH, MN. (Northern News Now) - Starting August 1, recreational marijuana will be legal in the state of Minnesota.
“I think over the last several years, this has come through the legislation in various forms or fashions, and this year it passed,” Duluth Police Chief Mike Ceynowa said.
Under the new law, adults 21 years or older can smoke and possess up to a certain amount, depending on the form of marijuana. Minnesotans will also be able to start growing up to eight plants at home.
Retailers can start selling marijuana seeds, but selling the drug won’t be allowed until a new state department develops regulations.
Minnesota Governor Tim Walz signed the 300-page legislation in May, but questions about how to regulate the substance, including behind the wheel, remain.
“A DWI, where the sole chemical in someone’s bloodstream is THC, that is going to be much more difficult to prove and to obtain a conviction on,” Ceynowa said.
Ceynowa said, unlike alcohol, there is no roadside test to prove someone is under the influence of THC while driving. Instead, officers have to use their best judgment.
“Some of the things that you look for are bloodshot eyes, the odor of marijuana, how their thought process is working with their coordination,” Ceynowa said.
According to Ceynowa, proving impairment and prosecuting offenders will be up to the court, where he said conversations are still ongoing about what that will look like.
“Is there a level within people’s bloodstream or kind of chemical makeup that says they are definitely impaired at that time? We are not there yet,” Ceynowa said.
St. Louis County Attorney Kim Maki expects the State Court of Appeals and the Supreme Court to issue decisions on how to handle cases regarding marijuana.
“But for now, we are relying on our experience and expertise in formulating practices that will hold those who choose to consume marijuana and drive accountable,” Maki wrote in a statement.
“I don’t want to see people get harmed because we have this substance that’s always been out there,” Ceynowa said. “It’s been a part of other DWI investigations that we’ve done for years, but I do think you will see more people, at least in the beginning, using that substance.”
According to Ceynowa, drug-sniffing K-9s will still be utilized because those dogs are more trained to sniff for fentanyl, methamphetamine and heroin.
He added it is important the dogs alert to marijuana to ensure everything found is under the legal limit you’re allowed to possess.
“Oftentimes you’ll find more than one drug when they’re doing a search warrant,” Ceynowa said. “You may find marijuana, and that amount may be legal to possess within that location, but the fentanyl or methamphetamine or other drugs not.”
The Duluth City Council proposed an ordinance to limit where people can smoke marijuana. The ordinance will be voted on August 14.
Click here to download the Northern News Now app or our Northern News Now First Alert weather app.
Copyright 2023 Northern News Now. All rights reserved.
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Duluth police prepare ahead of Tuesday’s marijuana legalization
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2023-08-01 01:15:09+00:00
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2023-08-01 01:09:55
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Barbora Zdanska, 14, was last seen in the area of the 100th block of Boynton Boulevard in Daytona Beach.
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DAYTONA BEACH, FL. (Gray News) - An Amber Alert has been issued for a 14-year-old who was last seen in Daytona Beach, Florida.
According to the alert, Barbora Zdanska, 14, was last seen in the area of the 100th block of Boynton Boulevard in Daytona Beach.
Zdanska is 5′5, weighs about 136 pounds, and has blonde hair and blue eyes.
She was last seen wearing a black Adidas sweatshirt with white stripes on the sleeves and black jean shorts.
According to the alert, Zdanska may be traveling in a 2014, blue Dodge Caravan with a Florida tag number CZ8613. The vehicle has a butterfly sticker in the top right rear window and a University of Florida “F” sticker in the top left rear window.
Zdanska may also be traveling with a companion who is unknown at this time.
Anyone who may have seen Zdanska should call 9-1-1.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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Amber Alert issued for 14-year-old last seen in Daytona Beach, Florida
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2023-08-01 01:15:03+00:00
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2023-07-31 23:39:25
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Cannabis becomes legal in Minnesota on Tuesday, August 1st, and while many are excited, experts say it’s important to remember the process will take some time.
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ST. PAUL, MN -- Cannabis becomes legal in Minnesota on Tuesday, August 1st, and while many are excited, experts say it’s important to remember the process will take some time.
“The first phase here in Minnesota, people are going to be able to grow eight plants at home for their individual use,” said Peter Morrell with the University of Minnesota. Morrell teaches a course on Cannabis.
The new law allows people to grow 8 plants at home; 4 of those can be mature.
While other states that have legalized the drug, like California, benefit from year-round nice weather, Minnesota winters will be hard on homegrown cannabis.
“There will be a growing season for marijuana in Minnesota,” said Morrell.
He said it’ll be similar to farming hemp. In the spring and summer, the plants will be easy to grow, but it’ll get tricky during the state’s long and cold winters.
“The rest of the cultivation of Minnesota is going to have to be indoors. And cannabis is a plant that likes relatively warm, moist environments,” said Morrell.
Providing the right temperature, lighting, and humidity could prove challenging—and expensive for home-growers.
“The energy usage of those things is going to be pretty high. And there’s a real concern if you just turn your basement into a marijuana grow operation. You’re setting up high humidity conditions and things that aren’t good for the house,” said Morrell.
Since marijuana is still federally illegal, it’s against the law to transport it across state lines, meaning imports won’t be an option.
Lawmakers believe it’ll take anywhere from 12-18 months for the first dispensaries to obtain licensing and begin to sell the product.
Copyright 2023 KTTC. All rights reserved.
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2023-08-01 01:15:22+00:00
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2023-08-01 00:26:01
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The Buyck Volunteer Fire Department is hosting its annual Pork and Corn Feed and Auction on Saturday, August 5.
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Duluth- A UMD graduate recently won a state-wide business contest. Last month, Katelyn France was awarded first place in the American Heart Association’s third annual Minnesota EmPOWERED to Serve Business Accelerator. She is the founder and CEO of Scientists Making Your Life Easier (SMYLE), LLC. Through the event, seven entrepreneurs participated in training before presenting a business pitch to a panel of judges. Each business is focused on closing the health equity gap. France will now continue to the national competition in October.
Buyck, MN- The Buyck Volunteer Fire Department is hosting its annual Pork and Corn Feed and Auction on Saturday, August 5. The auction starts at noon and food will follow. Held at the Buyck Fire Hall, all are invited to attend. There will also be a beer garden and bean bags to play with.
Mille Lacs Lake, MN- The minimum walleye length will drop from 21 to 20 inches starting on Tuesday, August 1. The one-fish limit will remain, but the change allows that fish to be 20 to 23 inches or longer than 28 inches. Though the change may not seem that significant, DNR officials say it means an increased chance of catching a keepable fish. Winter regulations will be announced in November with the winter season beginning on December 1.
Tips: If there’s something going on in your neighborhood that you think we should know about, send us an email at CitybyCity@NorthernNewsNow.com, and it might be featured as we go around the Northland City by City.
Previous Day: City by City: Duluth, Washburn, Grand Rapids
Copyright 2023 Northern News Now. All rights reserved.
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City by City: Duluth, Buyck, Mille Lacs
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"Callum Jones"
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2023-08-01 00:59:42+00:00
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2023-07-31 11:42:41
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Members of the National Education Union have voted to accept a 6.5% pay settlement, ending proposed strike action. The vote, which closed on Friday, saw
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https%3A%2F%2Forder-order.com%2F2023%2F07%2F31%2Fbreaking-teachers-vote-to-accept-6-5-pay-rise-and-end-strike-action%2F.json
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Members of the National Education Union have voted to accept a 6.5% pay settlement, ending proposed strike action. The vote, which closed on Friday, saw 86% of teacher members accept the progress and end industrial action. This means strikes planned for the Autumn Term will not go ahead. Back to school…
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order-order.com
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Teachers Vote to Accept 6.5% Pay Rise and End Strike Action
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https://order-order.com/2023/07/31/breaking-teachers-vote-to-accept-6-5-pay-rise-and-end-strike-action/
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[
"Callum Jones"
] |
2023-08-01 00:59:48+00:00
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2023-07-31 13:44:27
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Morgan Trowland and Marcus Decker, the Just Stop Oil acolytes who scaled the Dartford Crossing last year, are set for a long stint at His Majesty's
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https%3A%2F%2Forder-order.com%2F2023%2F07%2F31%2Fjust-stop-oil-pair-set-for-extraordinary-sentences-after-appeal-rejected-by-court%2F.json
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en
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Morgan Trowland and Marcus Decker, the Just Stop Oil acolytes who scaled the Dartford Crossing last year, are set for a long stint at His Majesty’s Pleasure after their appeal was today denied in the Court of Appeal. Trowland faces three years, whilst Decker faces two years and seven months for public nuisance. Just Stop Oil’s Barrister described the sentence as “extraordinary”. The Dartford Crossing was evidently a bridge too far.
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order-order.com
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Just Stop Oil Pair Set for "Extraordinary" Sentences After Appeal Rejected by Court
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https://order-order.com/2023/07/31/just-stop-oil-pair-set-for-extraordinary-sentences-after-appeal-rejected-by-court/
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[
"Callum Jones"
] |
2023-08-01 00:59:54+00:00
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2023-07-31 11:46:53
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As Conservative safe seats across the country look to select the next generation of Conservative MPs, it's worth taking a look at the processes in place
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https%3A%2F%2Forder-order.com%2F2023%2F07%2F31%2Fread-in-full-selection-process-for-tory-candidates-includes-diversity-committee-quotas%2F.json
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en
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order-order.com
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READ IN FULL: Selection Process for Tory Candidates Includes Diversity Committee Quotas
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https://order-order.com/2023/07/31/read-in-full-selection-process-for-tory-candidates-includes-diversity-committee-quotas/
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[
"Callum Jones"
] |
2023-08-01 01:00:00+00:00
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2023-07-31 10:20:57
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Seb Payne's political ambitions faced yet another setback over the weekend, as he came second in the race to represent the safe Tory seat of Bromsgrove.
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https%3A%2F%2Forder-order.com%2F2023%2F07%2F31%2Fseb-payne-narrowly-misses-out-on-knife-edge-selection-as-nick-timothy-takes-hancocks-seat%2F.json
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Seb Payne’s political ambitions faced yet another setback over the weekend, as he came second in the race to represent the safe Tory seat of Bromsgrove. Seb, who described himself as a “part-time Michael Gove stunt double”, can take some positives from his defeat in the Battle of Bromsgrove. Insiders say he performed well and came across as credible in a very tightly fought race – with the winner being decided on a “razor-fine” margin. Winner, Bradley Thomas’s local links gave him the edge.
There was some discontent in the association, as reported by Michael Crick, as a ‘refer back motion’ to restart the selection was proposed – though eventually defeated. Over the weekend another Westminster insider did get one step closer to the green benches, as Nick Timothy won selection in Matt Hancock’s West Suffolk seat. Guido’s heart bleeds for Neil Hudson…
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order-order.com
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Seb Payne Narrowly Misses Out on "Knife-Edge" Selection as Nick Timothy Takes Hancock's Seat
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https://order-order.com/2023/07/31/seb-payne-narrowly-misses-out-on-knife-edge-selection-as-nick-timothy-takes-hancocks-seat/
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[
"Callum Jones"
] |
2023-08-01 01:00:06+00:00
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2023-07-31 15:36:03
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As Putin's illegal invasion blazes on, legislators in Ukraine are looking to make an important reform to keep morale high - the legalisation of medical
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https%3A%2F%2Forder-order.com%2F2023%2F07%2F31%2Fukraine-considers-medical-cannabis-legalisation-to-keep-morale-high%2F.json
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As Putin’s illegal invasion blazes on, legislators in Ukraine are looking to make an important reform to keep morale high – the legalisation of medical cannabis. In mid-July the Ukrainian parliament passed the first reading of a medical cannabis bill allowing for its purchase, distribution and prescription of medical cannabis. Campaigners say this will be crucial as Russia’s invasion has left over half the population at risk of developing PTSD.
As it stands, the bill doesn’t change cannabis’s standing as a prohibited substance – which would restrict research – however, according to Politico, legislators are now scrambling to change this. It’s good to see some joint-up thinking.
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order-order.com
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Ukraine Considers Medical Cannabis Legalisation to Keep Morale High
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https://order-order.com/2023/07/31/ukraine-considers-medical-cannabis-legalisation-to-keep-morale-high/
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[
"Barrow Neurological Institute At Dignity Health St. Joseph'S Hospital",
"Medical Center"
] |
2023-08-01 01:19:34+00:00
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2023-08-01 00:00:00
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Tickets are now available for the star-studded philanthropic event on October 27...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F08%2F01%2F2715404%2F0%2Fen%2FBARROW-NEUROLOGICAL-FOUNDATION-ANNOUNCES-2023-NEURO-NIGHT-TO-RAISE-FUNDS-FOR-BRAIN-SPINE-RESEARCH.html.json
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https://www.globenewswire.com/Content/logo/favicon.ico
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PHOENIX, July 31, 2023 (GLOBE NEWSWIRE) -- Neuro Night, Barrow Neurological Foundation’s premier philanthropic event, will take place on Friday, October 27, 2023, at The Clayton House in Scottsdale, Arizona. Tickets are now available for the event, which supports lifesaving treatment and care at Barrow Neurological Institute.
Neuro Night was founded by Barrow Neurological Foundation Board member and award-winning actress and activist Sharon Stone, who was saved by Barrow Neurological Institute President and CEO Michael T. Lawton, MD, after she suffered a ruptured brain aneurysm that led to a massive stroke.
“The majority of people who go through what happened to me do not survive, let alone recover. I’m able to be here today walking and talking because of Dr. Lawton,” said Stone. “I am extremely proud to continue supporting Neuro Night and all the miraculous work that happens every single day at Barrow Neurological Institute.”
Neuro Night both recognizes Barrow’s advancements in treating the most debilitating neurological diseases and raises funds for clinical care, medical education, and groundbreaking research. One hundred percent of the proceeds from Neuro Night support this mission.
“The innovative physicians and scientists here at Barrow Neurological Institute continuously accept challenges, reject norms, and push boundaries in neuroscience to improve outcomes for patients worldwide. Events like Neuro Night showcase the Foundation’s dedication to funding our mission of saving lives through cutting-edge research and treatment. This event also showcases the community’s philanthropic commitment to the important work that we do here,” said Dr. Lawton.
The event will feature world-famous stars like Mark McGrath and his band Sugar Ray, magician and entertainer Max Lukian, musicians from Dean Michaels Entertainment, and aerialist Vanessa Nichole, in addition to experiential art installations, a Barrow Blue Carpet hosted by digital creator McKenna Wesley, and a dynamic live auction to raise funds for lifesaving research and care at Barrow. It will truly live up to its reputation as the “best party in the Valley.”
“I had the opportunity to tour Barrow Neurological Institute and was blown away by the knowledge and compassion exuded by all of the physicians and staff. Even more inspiring was the sheer determination of its scientists in working toward finding new and better treatments for the worst brain and spine conditions,” said McGrath. “Neuro Night is a phenomenal cause to further these efforts and I am proud to be a part of such a meaningful and impactful event.”
Top-level Neuro Night sponsors will be able to attend an exclusive Chairs VIP Dinner Party hosted by Barrow Neurological Foundation on the evening of October 26. Attendees will mix and mingle with event headliner Mark McGrath, enjoy a performance by the soulful Brandon Wattz, and dine on cuisine inspired by brain health prepared by celebrity chef Beau MacMillan.
For more information on tickets, sponsorship packages, and to secure your spot at Neuro Night 2023, visit: https://supportbarrow.ejoinme.org/neuronight2023.
If you are unable to attend Neuro Night, but would like to support Barrow’s mission to save lives through innovative treatment, groundbreaking research, and advanced medical education, please visit: https://giveto.supportbarrow.org/.
###
About Barrow Neurological Foundation
Barrow Neurological Foundation raises awareness and funds for patient care, medical education, and research offered at Barrow Neurological Institute at Dignity Health St. Joseph’s Hospital and Medical Center in Phoenix, Arizona. Barrow is an internationally recognized leader in neurology, neurosurgery, and neuroscience research, treating patients with a wide range of conditions, including brain and spinal tumors, neuromuscular diseases, aneurysms, stroke, Alzheimer’s disease, Parkinson’s disease, headache disorders, multiple sclerosis, epilepsy, concussion and brain injuries, and more.
About Barrow Neurological Institute
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www.globenewswire.com
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BARROW NEUROLOGICAL FOUNDATION ANNOUNCES 2023 NEURO NIGHT
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https://www.globenewswire.com/news-release/2023/08/01/2715404/0/en/BARROW-NEUROLOGICAL-FOUNDATION-ANNOUNCES-2023-NEURO-NIGHT-TO-RAISE-FUNDS-FOR-BRAIN-SPINE-RESEARCH.html
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[
"Bragar Eagel"
] |
2023-08-01 01:20:36+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F08%2F01%2F2715415%2F0%2Fen%2FBragar-Eagel-Squire-P-C-Is-Investigating-Waldencast-DoubleVerify-Arrival-and-FMC-and-Encourages-Investors-to-Contact-the-Firm.html.json
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https://ml.globenewswire.com/Resource/Download/29481954-f2ff-4756-b5a9-d982a6497bd0
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en
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Waldencast Plc (NASDAQ: WALD), DoubleVerify, Inc. (NYSE: DV), Arrival SA (NASDAQ: ARVL), and FMC Corporation (NYSE: FMC). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Waldencast Plc (NASDAQ: WALD)
On April 25, 2023, Waldencast announced that it will be unable to file its 2022 annual report on time and will be postponing its fiscal year 2022 and fourth quarter earnings call due to an ongoing review of the Company’s year-end 2022 financial statements. Specifically, the Company is conducting an analysis regarding certain accounting issues in connection with the sale of certain Obagi products for the Vietnam market.
On this news, the price of Waldencast shares declined by $0.57 per share, or approximately 6.20%, from $9.20 per share to close at $8.63 on April 25, 2023.
For more information on the Waldencast investigation go to: https://bespc.com/cases/WALD
DoubleVerify, Inc. (NYSE: DV)
On May 2, 2023, Spruce Point Capital Management published a report alleging that there is evidence DoubleVerify engaged in manipulative and deceptive financial reporting related to its international business.
On this news, DoubleVerify’s share price fell $1.69, or 5.8%, to close at $27.22 per share on May 2, 2023, thereby injuring investors.
For more information on the DoubleVerify investigation go to: https://bespc.com/cases/DV
Arrival SA (NASDAQ: ARVL)
On July 3, 2023, Arrival and Kensington Capital Acquisition Corp. V, a special purpose acquisition company, issued a press release “announc[ing] that both companies have agreed to terminate the business combination agreement (‘BCA’) initially signed April 6, 2023. Arrival stated that it “has engaged the services of TD Cowen and Teneo Financial Advisory to ensure the company’s seamless transition and to pursue alternative avenues that will provide the company with additional liquidity.”
On this news, Arrival’s stock price fell $0.39 per share, or 14.08%, to close at $2.38 per share on July 5, 2023.
For more information on the Arrival investigation go to: https://bespc.com/cases/ARVL
FMC Corporation (NYSE: FMC)
On July 10, 2023, before the market opened, FMC Corporation, despite raising its full-year revenue guidance in May 2023, announced that it was cutting its revenue for the second quarter and the 2023 fiscal year. It announced that “the revised guidance is driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners, which only became evident towards the end of May and continued through the remainder of the quarter[.]”
On this news, the price of FMC stock fell by $11.62 per share, or 11.14%, to close at $92.63 on July 10, 2023.
For more information on the FMC investigation go to: https://bespc.com/cases/FMC
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
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www.globenewswire.com
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Bragar Eagel & Squire, P.C. Is Investigating Waldencast,
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https://www.globenewswire.com/news-release/2023/08/01/2715415/0/en/Bragar-Eagel-Squire-P-C-Is-Investigating-Waldencast-DoubleVerify-Arrival-and-FMC-and-Encourages-Investors-to-Contact-the-Firm.html
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[
"Bragar Eagel"
] |
2023-08-01 01:20:18+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F08%2F01%2F2715411%2F0%2Fen%2FBragar-Eagel-Squire-P-C-Is-Investigating-Xponential-Franchise-Group-Alvotech-and-Sanmina-and-Encourages-Investors-to-Contact-the-Firm.html.json
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https://ml.globenewswire.com/Resource/Download/29481954-f2ff-4756-b5a9-d982a6497bd0
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en
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Xponential Fitness, Inc. (NYSE: XPOF), Franchise Group, Inc. (NASDAQ: FRG), Alvotech SA (NASDAQ: ALVO), and Sanmina Corporation (NASDAQ: SANM). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Xponential Fitness, Inc. (NYSE: XPOF)
Xponential purports to be the largest global franchisor of boutique fitness brands and went public on July 21, 2021 at $12.00 per share. On April 6, 2022, an entity affiliated with Xponential's Chairman of the Board sold 5.175M shares at $20.00 per share in a secondary offering. On February 8, 2023, Xponential's founder and CEO, Anthony Geisler, and the Chairman's entity sold 5.75 million shares at $24.50 per share in another secondary equity offering.
Before the market opened on June 27, 2023, Fuzzy Panda Research published a report Xponential Fitness (XPOF) - "Abusive Franchisor That Is A House of Cards". The report alleges Geisler, "has a long history of misleading investors and business partners….We discovered XPOF is hiding the fact that many of their brands and franchisees are struggling."
On this news, Xponential's stock price has fallen intraday $7.62 per share to $17.51, a drop of 30.3% on very heavy volume.
For more information on the Xponential investigation go to: https://bespc.com/cases/XPOF
Franchise Group, Inc. (NASDAQ: FRG)
On May 10, 2023, Franchise Group announced that it would be acquired by Freedom VCM, Inc., an investment consortium that includes Franchise Group's CEO, at a price of $30.00 per share, representing a premium of less than 4% to the stock's closing price the prior day. Following the closing of the proposed transaction, Franchise Group investors will be cashed out of their investment position and the Company's shares will no longer be publicly traded.
Following the announcement, Franchise Group's stock price fell $0.23 per share, or 0.78%, to close at $29.10 per share on May 11, 2023.
For more information on the Franchise Group investigation go to: https://bespc.com/cases/FRG
Alvotech SA (NASDAQ: ALVO)
On April 13, 2023, Alvotech issued a press release "announc[ing]…that the U.S. Food and Drug Administration (FDA) has issued a complete response letter (CRL) for Alvotech's Biologics License Application (BLA) for AVT02, a high-concentration biosimilar candidate for Humira® (adalimumab). The CRL noted that certain deficiencies, which were conveyed following the FDA's reinspection of the company's Reykjavik facility that concluded on March 17, 2023, must be satisfactorily resolved before the application can be approved."
On this news, Alvotech's stock price fell sharply during intraday trading on April 14, 2023.
For more information on the Alvotech investigation go to: https://bespc.com/cases/ALVO
Sanmina Corporation (NASDAQ: SANM)
On May 11, 2023, Sanmina disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that "[d]uring the preparation of its unaudited consolidated financial statements for the fiscal quarter ended April 1, 2023, the Company determined that certain personnel in the division had failed to properly substantiate and update cost estimates for materials and other costs over the life of certain contracts." Accordingly, following "an independent investigation under the direction of the Audit Committee of the Company's Board of Directors," the Company had determined that "revenue was over/(understated) by approximately $10.2 million, $18.3 million, ($29.1 million), and $5.6 million, and GAAP earnings per share was over/(understated) by approximately $0.09, $0.29, $0.25, and ($0.06) in the fiscal years ended October 3, 2020, October 2, 2021 and October 1, 2022, and the first fiscal quarter ended December 31, 2022, respectively (collectively, the ‘Affected Periods')." Sanmina also disclosed that "[t]he associated interim periods for the Affected Periods were also impacted. Because these misstatements are material to the Affected Periods compared to the previously reported results of operations for such periods, on May 10, 2023, the Audit Committee concluded that the consolidated financial statements for the Affected Periods included in the Company's Annual Reports on Form 10-K for the fiscal years ended October 3, 2020, October 2, 2021 and October 1, 2022 and the unaudited condensed consolidated financial statements included in the Company's Quarterly Reports on Form 10-Q for the quarterly fiscal periods included in such fiscal years and for the first fiscal quarter ended December 31, 2022 should no longer be relied upon."
On this news, Sanmina's stock price fell $3.05 per share, or 5.7%, to close at $50.50 per share on May 12, 2023.
For more information on the Sanmina investigation go to: https://bespc.com/cases/SANM
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
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www.globenewswire.com
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Bragar Eagel & Squire, P.C. Is Investigating Xponential,
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https://www.globenewswire.com/news-release/2023/08/01/2715411/0/en/Bragar-Eagel-Squire-P-C-Is-Investigating-Xponential-Franchise-Group-Alvotech-and-Sanmina-and-Encourages-Investors-to-Contact-the-Firm.html
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[
"Bragar Eagel"
] |
2023-08-01 01:20:36+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F08%2F01%2F2715414%2F0%2Fen%2FBragar-Eagel-Squire-P-C-Is-Investigating-JinkoSolar-Integra-Chinook-and-Comerica-and-Encourages-Investors-to-Contact-the-Firm.html.json
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https://ml.globenewswire.com/Resource/Download/29481954-f2ff-4756-b5a9-d982a6497bd0
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against JinkoSolar Holding Co., Ltd. (NYSE: JKS), Integra LifeSciences Holdings Corp. (NASDAQ: IART), Chinook Therapeutics, Inc. (NASDAQ: KDNY), and Comerica Incorporated (NYSE: CMA). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
JinkoSolar Holding Co., Ltd. (NYSE: JKS)
On May 8, 2023, federal agents executed a search warrant at JinkoSolar's solar panel manufacturing plant in Jacksonville, Florida. Federal authorities did not disclose the specific reason for the search warrant.
On this news, JinkoSolar's stock price fell $3.91 per share, or 8.25%, to close at $43.47 per share on May 9, 2023.
For more information on the JinkoSolar investigation go to: https://bespc.com/cases/JKS
Integra LifeSciences Holdings Corp. (NASDAQ: IART)
On May 23, 2023, Integra disclosed that it had initiated a recall of its SurgiMed, PriMatrix, Revize, and TissueMend products manufactured at its Boston facility as far back as March 1, 2018. The Company attributed the recall to a finding that products may have been distributed with higher levels of endotoxins than permitted by the product specifications. As a result, the Company expects to write off approximately $22 million in inventory.
On this news, Integra’s stock price fell $10.24, or 20.2%, to close at $40.48 per share on May 23, 2023, thereby injuring investors.
For more information on the Integra investigation go to: https://bespc.com/cases/IART
Chinook Therapeutics, Inc. (NASDAQ: KDNY)
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Chinook is the subject of a report issued by Muddy Waters Research on May 16, 2023. According to the report, the Company’s lead product candidate “has been shown to be harmful to patients’ cardiovascular health”, and that “AbbVie and Chinook seem to have systemically manipulated research findings and presentation on atrasentan to obscure these trial results.”
On this news, shares of Chinook fell by almost 4.5% on the same day.
For more information on the Chinook investigation go to: https://bespc.com/cases/KDNY
Comerica Incorporated (NYSE: CMA)
On May 29, 2023, citing a review of "internal documents," American Banker reported that "Comerica Bank officials privately acknowledged significant compliance failures in their operation of a Treasury Department program that provides federal benefits on prepaid cards to millions of unbanked Americans[.]" American Banker stated that "[a] Comerica executive said the Dallas bank faced a 'serious contract violation' for allowing fraud disputes and data on Direct Express and cardholders to be handled out of a vendor's office in Lahore, Pakistan[.]"
On this news, Comerica's stock fell $1.40 per share, or 3.59% to close at $37.59 per share on May 30, 2023.
For more information on the Comerica investigation go to: https://bespc.com/cases/CMA
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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www.globenewswire.com
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Bragar Eagel & Squire, P.C. Is Investigating JinkoSolar,
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https://www.globenewswire.com/news-release/2023/08/01/2715414/0/en/Bragar-Eagel-Squire-P-C-Is-Investigating-JinkoSolar-Integra-Chinook-and-Comerica-and-Encourages-Investors-to-Contact-the-Firm.html
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[
"Cannabix Technologies Inc."
] |
2023-08-01 01:19:16+00:00
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2023-07-31 00:00:00
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VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company”) announces the...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F07%2F31%2F2715401%2F0%2Fen%2FCannabix-Technologies-Annual-General-Meeting-Results.html.json
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https://ml.globenewswire.com/Resource/Download/c82e010e-984e-4788-b222-2539a90d3394
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VANCOUVER, British Columbia, July 31, 2023 (GLOBE NEWSWIRE) -- Cannabix Technologies Inc. (CSE: BLO) (OTC PINK: BLOZF) (the “Company”) announces the results of its annual general meeting of common shareholders held on July 28, 2023 in Burnaby. Resolutions passed at the meeting included the appointment of Saturna Group Chartered Accountants LLP as auditors for the ensuing year and the re-election of Rav Mlait, Dr. Raj Attariwala, Bryan Loree, Kal Malhi, and Thomas Clarke as directors.
We seek Safe Harbor.
On behalf of the Board of Directors
“Rav Mlait”
CEO
Cannabix Technologies Inc.
For further information, contact the Company at info@cannabixtechnologies.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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Cannabix Technologies Annual General Meeting Results
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https://www.globenewswire.com/news-release/2023/07/31/2715401/0/en/Cannabix-Technologies-Annual-General-Meeting-Results.html
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[
"Evaxion Biotech"
] |
2023-08-01 01:16:14+00:00
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2023-07-31 00:00:00
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EVX-B1, ein Impfstoff gegen Staphylococcus aureus (S. aureus), das KI-identifizierte Antigene enthält, ist in präklinischen Tiermodellen hochgradig...
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https://ml-eu.globenewswire.com/Resource/Download/119c55f9-f3a6-4d62-bca9-0ee4d0daf174
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German French
EVX-B1, ein Impfstoff gegen Staphylococcus aureus (S. aureus), das KI-identifizierte Antigene enthält, ist in präklinischen Tiermodellen hochgradig schützend gegen S. aureus-Erkrankungen
Eine Immunisierung mit EVX-B1 führte zu einer vollständigen Beseitigung von S. aureus in mehreren Organen
KOPENHAGEN, Dänemark, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Evaxion Biotech A/S (NASDAQ: EVAX) („Evaxion“ oder das „Unternehmen“), ein im klinischen Stadium tätiges Biotechnologieunternehmen, das sich auf die Entdeckung und Entwicklung von KI-gestützten Immuntherapien spezialisiert hat, präsentiert vielversprechende Ergebnisse zu EVX-B1 auf der Staphylococcal Diseases Gordon Research Conference in New Hampshire, USA.
„Ich freue mich, die beeindruckenden Ergebnisse zu EVX-B1 auf der Gordon Research Conference vorstellen zu können. Der Nachweis eines vollständigen Krankheitsschutzes und einer vollständigen Beseitigung der Bakterien stellt einen bedeutenden Fortschritt im Kampf gegen diesen weit verbreiteten und häufig antibiotikaresistenten Erreger dar. Angesichts der vielen erfolglosen Versuche, einen wirksamen S. aureus-Impfstoff zu entwickeln, gibt EVX-B1 neue Hoffnung im Kampf gegen das Bakterium“, so Dr. Steven Projan, wissenschaftlicher Berater von Evaxion und Posterpräsentator.
EVX-B1 wurde mit Hilfe der von Evaxion entwickelten KI-Technologie zur Entdeckung von Impfstoffzielen entwickelt. Die KI-Technologie hat die Identifizierung neuartiger S. aureus-Antigene ermöglicht und damit den Weg für die Entwicklung eines Impfstoffs geebnet, der einen breiten Schutz gegen klinisch relevante Stämme bietet.
EVX-B1 löst starke zelluläre und humorale Immunreaktionen aus, die in präklinischen Modellen für Hautinfektionen und Sepsis zu einem hohen Schutzniveau führen. Wichtig ist, dass EVX-B1 sowohl die Entwicklung der Krankheit verhindert als auch die Infektion selbst wirksam beseitigt. In einer 12-monatigen Immunogenitätsstudie führte EVX-B1 zu hohen und lang anhaltenden Antikörpertitern. Eine Auffrischungsimpfung steigerte die Immunantwort erheblich und schützte vor einer S. aureus-Infektion. Der Impfstoffkandidat EVX-B1 ist bereit für die nicht-klinische Entwicklung, die Chemie, Fertigung und Kontrollen sowie die anschließende klinische Prüfung.
„Die bemerkenswerte Leistung von EVX-B1 in hochmodernen Tiermodellen ist ein Beweis für unseren innovativen Ansatz und die Leistungsfähigkeit der computergestützten Zielentdeckung. Wir sind begeistert von der potenziellen Wirkung, die dieser Impfstoff bei der Prävention von S. aureus-Infektionen haben könnte, die seit langem eine große Herausforderung für die globale Gesundheit darstellen und bei denen sich die Antibiotikaresistenz schnell entwickelt“, so Birgitte Rønø, Chief Scientific Officer bei Evaxion.
Das Poster mit dem Titel „EVX-B1: An AI-designed vaccine against Staphylococcus aureus, demonstrating full disease protection and complete bacterial clearance“ (EVX-B1: Ein von der KI entwickelter Impfstoff gegen Staphylococcus aureus, der einen vollständigen Schutz vor Krankheiten und eine vollständige Beseitigung der Bakterien zeigt) wird auf der Staphylococcal Diseases Gordon Research Conference in New Hampshire, USA, präsentiert, die vom 30. Juli bis 4. August dieses Jahres stattfindet ( https://www.grc.org/staphylococcal-diseases-conference/2023/ ).
Über S. aureus-Infektionen
Die S. aureus-Bakterien sind in der Regel harmlos, können aber schwere Infektionen verursachen, die zu Sepsis oder Tod führen. S. aureus verursacht schwere Krankenhausinfektionen. Antibiotikaresistente S. aureus-Infektionen, insbesondere Methicillin-resistente S. aureus-Infektionen (MRSA), geben Anlass zu großer Besorgnis und bleiben eine Priorität in der Prävention. Nach Angaben der CDC wurden im Jahr 2019 fast 120.000 Blutstrominfektionen mit 20.000 damit verbundenen Todesfällen gemeldet ( https://www.cdc.gov/mmwr/volumes/68/wr/mm6809e1.htm ). Die geschätzten jährlichen wirtschaftlichen Auswirkungen von MRSA allein auf US-Krankenhäuser belaufen sich auf 3,2 bis 4,2 Mrd. USD.
Über EDEN
Unsere unternehmenseigene EDEN-Plattform identifiziert rasch neuartige, hochgradig schützende Antigene für den Einsatz in erregerspezifischen prophylaktischen Impfstoffen gegen Bakterien. Mit EDEN können wir dank unserer unternehmenseigenen Algorithmen diejenigen Antigene vorhersagen und identifizieren, von denen wir glauben, dass sie eine robuste, schützende Immunreaktion gegen nahezu jede bakterielle Infektionskrankheit auslösen. Die Eingabe für die KI-Modelle ist eine Merkmalstransformation des Proteindatensatzes, bei der mehrere globale und sequenzaufgelöste Eigenschaften extrahiert werden. Diese strukturellen und funktionellen Merkmale wurden aufgrund ihrer Relevanz für die Proteinchemie, Immunologie und Proteinstruktur sowie ihrer Fähigkeit, das Netzwerk bei der Unterscheidung zwischen schützenden und nicht schützenden Antigenen zu leiten, ausgewählt.
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Evaxion präsentiert vielversprechende Ergebnisse zu EVX-B1,
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https://www.globenewswire.com/news-release/2023/07/31/2715388/0/de/Evaxion-pr%C3%A4sentiert-vielversprechende-Ergebnisse-zu-EVX-B1-einem-von-der-KI-entwickelten-Impfstoff-gegen-Staphylococcus-aureus.html
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[
"Athabasca Oil Corporation"
] |
2023-08-01 01:19:22+00:00
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2023-07-31 00:00:00
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CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it...
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https://ml.globenewswire.com/Resource/Download/64106af0-89ca-452b-b7d2-241234b253bd
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CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) is pleased to announce that it has entered into a definitive agreement to sell non-core Light Oil assets for total cash proceeds of $160 million (the “Transaction”). The Transaction high-grades the Company’s deep resource portfolio, crystallizes value from a non-core asset at an attractive price and bolsters the Company’s strong financial position.
Transaction Overview
Athabasca has agreed to sell its 70% operated working interest in Placid targeting the Montney, its 30% non-operated working interest in Saxon and Simonette targeting the Duvernay and other associated non-core Placid Montney assets to a private company for $160 million in cash, prior to adjustments. During the first half of 2023, these assets collectively averaged ~3,000 boe/d (~45% Liquids).
The assets being sold generated significant Free Cash Flow following COVID, supporting Athabasca’s deleveraging goals. The Transaction is being completed at attractive and accretive metrics, and crystallizes the value of the assets that have become non-core due to the smaller scale, lower liquids content and lower relative returns versus core assets within the Company’s portfolio. The 2023 forecasted Transaction metrics are:
• Transaction Value / Net Operating Income1: 7.9x Net Operating Income • Transaction Value / Production2: $54,700/boe/d • Transaction Value / Proved Reserves3: $6.93/boe
The effective date of the Transaction will be March 1, 2023 and closing is expected late in the third quarter of 2023. The Transaction is subject to the satisfaction of customary conditions, including receipt of regulatory approvals under the Competition Act (Canada).
The Transaction further strengthens the Company’s balance sheet with an enviable pro forma Net Cash position of ~$90 million5. The Transaction is not anticipated to materially impact the Company’s growth ambitions and ~$1 billion4 forecasted Free Cash Flow outlook during the three-year time frame of 2023-25. The strong cash flow outlook is supported by ~$3.1 billion of corporate tax pools available, and the Company does not forecast paying taxes for approximately seven years5. Athabasca is committed to its return of capital plans to shareholders and also has a deep inventory of development options. The Company will provide updated corporate guidance on closing of the Transaction.
Strategic Outlook
Athabasca is a liquids-weighted intermediate producer with exposure to Canada’s active resource plays (Oil Sands and Duvernay). The Company is focused on maximizing shareholder value through cash flow per share growth. Current capital initiatives are expected to drive production growth of 5 – 7% annually. The portfolio of long‐life assets underpin a low corporate decline of ~5%. Athabasca is positioned with a deep inventory of high-quality resource projects across its portfolio.
The Thermal Oil Division has 1.2 billion barrels of Proved plus Probable reserves. The Company is executing an expansion project at its cornerstone Leismer asset that will drive growth to 28,000 bbl/d in mid-2024, and maintains future optionality for additional expansion projects that could support Leismer growth to its regulatory approved capacity of 40,000 bbl/d. Leismer has a significant unrecovered capital balance of ~$1.4 billion (2022 year‐end) which ensures a low Crown royalty framework (5 – 9% Crown royalty) as the asset is estimated to remain pre‐payout until 20274.
The Light Oil Division will now consist exclusively of the Duvernay in the Greater Kaybob area with ~155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks. The Company’s joint venture has seen in excess of $1 billion in capital invested since 2016. Athabasca is uniquely positioned in the liquids-rich and shallower oil window of the play with a de-risked inventory of ~500 gross wells. The Company anticipates additional development in this top-tier play in the upcoming drilling season and beyond. The Duvernay also provides a synergistic natural hedge for condensate and gas utilization in its Thermal Oil operations.
The Company is committed to executing on its return of capital commitment that will see a minimum of 75% of Excess Cash Flow (Adjusted Funds Flow less Sustaining Capital) in 2023 returned to shareholders through share buybacks. Since April the Company has completed $61 million in share buybacks (~20 million shares at an average price of $3.04 per share).
Footnote: Refer to the “Reader Advisory” section within this news release for additional information on Non‐GAAP Financial Measures (e.g. Free Cash Flow & Net Debt/(Cash)).
(1) Forecasted 2023 Net Operating Income is calculated as Revenue less Royalties less Operating Costs using January to June actuals and Athabasca management estimates for July to December using July 25, 2023 strip commodity prices.
(2) Forecasted 2023 production is based on January to June actuals and Athabasca management estimates for July to December.
(3) Year-end 2022 Total Proved Reserves of 23.1 mmboe.
(4) Pricing Assumptions: 2023 realized prices in H1 and flat pricing of US$80 WTI, US$15 Western Canadian Select “WCS” heavy differential, C$3 AECO, and $0.75 C$/US$ FX for H2. 2024+ flat pricing of US$85 WTI, US$12.50 WCS heavy differential, C$5 AECO, and $0.75 C$/US$ FX.
(5) Net Debt/(Cash) is defined as the face value of term debt, plus accounts payable and accrued liabilities, plus current portion of provisions and other liabilities less current assets, and excluding risk management contracts. The pro forma estimates reflect Q2 2023 Net Debt adjusted for net estimated Transaction proceeds.
About Athabasca Oil Corporation
Athabasca Oil Corporation is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. Situated in Alberta’s Western Canadian Sedimentary Basin, the Company has amassed a significant land base of extensive, high-quality resources. Athabasca’s common shares trade on the TSX under the symbol “ATH”. For more information, visit www.atha.com.
For more information, please contact:
Matthew Taylor Robert Broen Chief Financial Officer President and CEO 1-403-817-9104 1-403-817-9190 mtaylor@atha.com rbroen@atha.com
Reader Advisory:
This News Release contains forward-looking information that involves various risks, uncertainties and other factors. All information other than statements of historical fact is forward-looking information. The use of any of the words “anticipate”, “plan”, “project”, “continue”, “maintain”, “estimate”, “expect”, “will”, “target”, “forecast”, “could”, “intend”, “potential”, “guidance”, “outlook” and similar expressions suggesting future outcome are intended to identify forward-looking information. The forward-looking information is not historical fact, but rather is based on the Company’s current plans, objectives, goals, strategies, estimates, assumptions and projections about the Company’s industry, business and future operating and financial results. This information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. No assurance can be given that these expectations will prove to be correct and such forward-looking information included in this News Release should not be unduly relied upon. This information speaks only as of the date of this News Release. In particular, this News Release contains forward-looking information pertaining to, but not limited to, the following: our strategic plans; future debt levels and cash position; the allocation of future capital; the expected closing of the Transaction and expected timing thereof; the expected update of the Company’s guidance; anticipated additional development in the Duvernay play and timing thereof; timing and quantum for shareholder returns including share buybacks; our drilling plans in Leismer; Leismer ramp-up to expected production rates; timing of Leismer’s pre-payout royalty status; Adjusted Funds Flow and Free Cash Flow in 2023 to 2025; forecasted daily production and the composition of production; our outlook in respect of the Corporation’s business environment; and other matters.
In addition, information and statements in this News Release relating to "Reserves" and “Resources” are deemed to be forward-looking information, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves and resources described exist in the quantities predicted or estimated, and that the reserves and resources described can be profitably produced in the future. With respect to forward-looking information contained in this News Release, assumptions have been made regarding, among other things: commodity prices; the regulatory framework governing royalties, taxes and environmental matters in the jurisdictions in which the Company conducts and will conduct business and the effects that such regulatory framework will have on the Company, including on the Company’s financial condition and results of operations; the Company’s financial and operational flexibility; the Company’s financial sustainability; Athabasca's cash flow break-even commodity price; the Company’s ability to obtain qualified staff and equipment in a timely and cost-efficient manner; the applicability of technologies for the recovery and production of the Company’s reserves and resources; future capital expenditures to be made by the Company; future sources of funding for the Company’s capital programs; the Company’s future debt levels; future production levels; the Company’s ability to obtain financing and/or enter into joint venture arrangements, on acceptable terms; operating costs; compliance of counterparties with the terms of contractual arrangements; impact of increasing competition globally; collection risk of outstanding accounts receivable from third parties; geological and engineering estimates in respect of the Company’s reserves and resources; recoverability of reserves and resources; the geography of the areas in which the Company is conducting exploration and development activities and the quality of its assets. Certain other assumptions related to the Company’s Reserves and Resources are contained in the report of McDaniel & Associates Consultants Ltd. (“McDaniel”) evaluating Athabasca’s Proved Reserves, Probable Reserves and Contingent Resources as at December 31, 2022 (which is respectively referred to herein as the "McDaniel Report”).
Actual results could differ materially from those anticipated in this forward-looking information as a result of the risk factors set forth in the Company’s Revised Annual Information Form (“AIF”) dated May 11, 2023 available on SEDAR at www.sedar.com, including, but not limited to: weakness in the oil and gas industry; exploration, development and production risks; prices, markets and marketing; market conditions; climate change and carbon pricing risk; statutes and regulations regarding the environment; regulatory environment and changes in applicable law; gathering and processing facilities, pipeline systems and rail; reputation and public perception of the oil and gas sector; environment, social and governance goals; political uncertainty; state of capital markets; ability to finance capital requirements; access to capital and insurance; abandonment and reclamation costs; continued impact of the COVID-19 pandemic; changing demand for oil and natural gas products; anticipated benefits of acquisitions and dispositions; royalty regimes; foreign exchange rates and interest rates; reserves; hedging; operational dependence; operating costs; project risks; supply chain disruption; labour supply, financial assurances; diluent supply; third party credit risk; Indigenous claims; reliance on key personnel and operators; income tax; cybersecurity; advanced technologies; hydraulic fracturing; liability management; seasonality and weather conditions; unexpected events; internal controls; limitations of insurance; litigation; natural gas overlying bitumen resources; competition; chain of title and expiration of licenses and leases; breaches of confidentiality; new industry related activities or new geographical areas; and risks related to our debt and securities, including level of indebtedness, restrictions in our debt instruments, additional indebtedness and issuance of additional securities. Readers are cautioned that the foregoing list of factors is not exhaustive. Unpredictable or unknown factors not discussed in this News Release could also have adverse effects on forward-looking statements. Although the Company believes that the expectations conveyed by the forward-looking information are reasonable based on information available to it on the date such forward-looking information are made, no assurances can be given as to future results, levels of activity and achievements. All subsequent forward-looking information, whether written or oral, attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements.
Also included in this News Release are estimates of Athabasca's 2023 and 2023-25 outlook which are based on the various assumptions as to production levels, commodity prices, currency exchange rates and other assumptions disclosed in this News Release. To the extent any such estimate constitutes a financial outlook, it was approved by management and the Board of Directors of Athabasca and is included to provide readers with an understanding of the Company’s outlook. Management does not have firm commitments for all of the costs, expenditures, prices or other financial assumptions used to prepare the financial outlook or assurance that such operating results will be achieved and, accordingly, the complete financial effects of all of those costs, expenditures, prices and operating results are not objectively determinable. The actual results of operations of the Company and the resulting financial results may vary from the amounts set forth herein, and such variations may be material. The outlook and forward-looking information contained in this New Release was made as of the date of this News release and the Company disclaims any intention or obligations to update or revise such outlook and/or forward-looking information, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law.
Oil and Gas Information
“BOEs" may be misleading, particularly if used in isolation. A BOE conversion ratio of six thousand cubic feet of natural gas to one barrel of oil equivalent (6 Mcf: 1 bbl) is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. As the value ratio between natural gas and crude oil based on the current prices of natural gas and crude oil is significantly different from the energy equivalency of 6:1, utilizing a conversion on a 6:1 basis may be misleading as an indication of value.
Reserves Information
The McDaniel Report was prepared using the assumptions and methodology guidelines outlined in the COGE Handbook and in accordance with National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities, effective December 31, 2022. There are numerous uncertainties inherent in estimating quantities of bitumen, light crude oil and medium crude oil, tight oil, conventional natural gas, shale gas and natural gas liquids reserves and the future cash flows attributed to such reserves. The reserve and associated cash flow information set forth above are estimates only. In general, estimates of economically recoverable reserves and the future net cash flows therefrom are based upon a number of variable factors and assumptions, such as historical production from the properties, production rates, ultimate reserve recovery, timing and amount of capital expenditures, marketability of oil and natural gas, royalty rates, the assumed effects of regulation by governmental agencies and future operating costs, all of which may vary materially. For those reasons, estimates of the economically recoverable reserves attributable to any particular group of properties, classification of such reserves based on risk of recovery and estimates of future net revenues associated with reserves prepared by different engineers, or by the same engineers at different times, may vary. The Company's actual production, revenues, taxes and development and operating expenditures with respect to its reserves will vary from estimates thereof and such variations could be material. Reserves figures described herein have been rounded to the nearest MMbbl or MMboe. For additional information regarding the consolidated reserves and information concerning the resources of the Company as evaluated by McDaniel in the McDaniel Report, please refer to the Company’s Revised Annual Information Form.
The 500 gross total Duvernay drilling locations referenced include: 5 proved undeveloped locations and 77 probable undeveloped locations for a total of 82 booked locations with the balance being unbooked locations. Proved undeveloped locations and probable undeveloped locations are booked and derived from the Company's most recent independent reserves evaluation as prepared by McDaniel as of December 31, 2022 and account for drilling locations that have associated proved and/or probable reserves, as applicable. Unbooked locations are internal management estimates. Unbooked locations do not have attributed reserves or resources (including contingent or prospective). Unbooked locations have been identified by management as an estimation of Athabasca’s multi-year drilling activities expected to occur over the next two decades based on evaluation of applicable geologic, seismic, engineering, production and reserves information. There is no certainty that the Company will drill all unbooked drilling locations and if drilled there is no certainty that such locations will result in additional oil and gas reserves, resources or production. The drilling locations on which the Company will actually drill wells, including the number and timing thereof is ultimately dependent upon the availability of funding, commodity prices, provincial fiscal and royalty policies, costs, actual drilling results, additional reservoir information that is obtained and other factors.
Non-GAAP and Other Financial Measures Disclosure
The “Free Cash Flow”, “Excess Cash Flow” and “Sustaining Capital” financial measures contained in this News Release do not have standardized meanings which are prescribed by IFRS and they are considered to be non-GAAP financial measures or ratios. These measures may not be comparable to similar measures presented by other issuers and should not be considered in isolation with measures that are prepared in accordance with IFRS. Net Debt and Liquidity are a supplementary financial measure.
Free Cash Flow is defined as Adjusted Funds Flow less Capital Expenditures.
The Excess Cash Flow and Sustaining Capital measures allow management and others to evaluate the Company’s ability to return capital to Shareholders. Sustaining Capital is managements assumption of the required capital to maintain the Company’s production base. The Excess Cash Flow measure is calculated by Adjusted Funds Flow less Sustaining Capital.
Net Debt/(Cash) is defined as the face value of term debt, plus accounts payable and accrued liabilities, plus current portion of provisions and other liabilities less current assets, and excluding risk management contracts.
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Athabasca Oil Corporation Announces Sale of Non-Core Light
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https://www.globenewswire.com/news-release/2023/07/31/2715402/0/en/Athabasca-Oil-Corporation-Announces-Sale-of-Non-Core-Light-Oil-Assets-for-160-Million-Retains-Strategic-Duvernay-Assets-with-500-Future-Drilling-Locations.html
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"Bragar Eagel"
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2023-08-01 01:20:48+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Veradigm, Inc. (NASDAQ: MDRX) and RTX Corporation (NYSE: RTX). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Veradigm, Inc. (NASDAQ: MDRX)
On February 28, 2023, Veradigm disclosed that it “detected certain internal control failures related to revenue recognition that have occurred over the prior six quarters, resulting in a mis-statement to reported revenues during those periods.” As a result, the Company reported that it expects “a reduction in revenue from continuing operations of approximately $20 million dollars in the aggregate from what it otherwise reported since the 3rd quarter of 2021 and expected to report for the 4th quarter of 2022.” The Company added that it is “continuing to evaluate the materiality of the mis-statement to determine if the full amount of this adjustment will flow through in the 4th quarter of 2022 or if prior periods will also require adjustment.” As a result, Veradigm revised its 2023 guidance downward and announced that it would not be filing its 2022 annual report on time.
On this news, Veradigm’s stock price fell $2.12 per share, or 12.76%, to close at $14.49 per share on March 1, 2023.
For more information on the Veradigm investigation go to: https://bespc.com/cases/MDRX
RTX Corporation (NYSE: RTX)
On July 25, 2023, the Company reported its Q2 earnings which disclosed a “condition” in its Pratt & Whitney jet engine unit. The Company stated, “Pratt & Whitney has determined that a rare condition in powdered metal used to manufacture certain engine parts will require accelerated fleet inspection.” The Company expects a sizable portion of the PW1100G-JM engine fleet will require accelerated removals and inspection within the next nine to twelve months.
For more information on the RTX investigation go to: https://bespc.com/cases/RTX
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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Bragar Eagel & Squire, P.C. Is Investigating Veradigm and
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https://www.globenewswire.com/news-release/2023/08/01/2715417/0/en/Bragar-Eagel-Squire-P-C-Is-Investigating-Veradigm-and-RTX-and-Encourages-Investors-to-Contact-the-Firm.html
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[
"Cargotec Corporation",
"Cargotec Oyj"
] |
2023-08-01 00:49:27+00:00
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2023-07-31 00:00:00
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CARGOTEC OYJ, PÖRSSITIEDOTE, 31 HEINÄKUUTA 2023 KLO 18.30 CARGOTEC OYJ: OMIEN OSAKKEIDEN HANKINTA 31.7.2023 Helsingin...
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CARGOTEC OYJ: OMIEN OSAKKEIDEN HANKINTA 31.7.2023
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https://www.globenewswire.com/news-release/2023/07/31/2715113/0/fi/CARGOTEC-OYJ-OMIEN-OSAKKEIDEN-HANKINTA-31-7-2023.html
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[
"Ymca Of Silicon Valley"
] |
2023-08-01 01:20:54+00:00
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2023-08-01 00:00:00
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SANTA CLARA, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Patty Rally joins the YMCA of Silicon Valley as Chief Development Officer, to lead fund...
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SANTA CLARA, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Patty Rally joins the YMCA of Silicon Valley as Chief Development Officer, to lead fund development and marketing strategies for the organization. She brings a depth of knowledge and decades of work experience in corporate, community, sports, and service organizations. Patty most recently served as the Chief Development Officer for JobTrain, a long-standing workforce development organization. During her tenure at JobTrain, she more than doubled the fund development budget and successfully launched a $45M capital campaign. Prior to JobTrain, Patty held leadership roles in fund development for such organizations as Positive Coaching Alliance and San Francisco RBI.
With a track record of results, Patty is known for the inspirational and strategic direction she provides as a development and marketing leader. “We are thrilled to introduce Patty Rally as our new Chief Development Officer at the YMCA of Silicon Valley. We believe Patty’s strong background in fostering partnerships and proven track record will not only elevate our fund development and marketing efforts but also empower us to better serve and impact the lives of individuals and families in our community”, stated Jim Hori, President and CEO.
As Chief Development Officer, Patty will lead fundraising and awareness initiatives to advance the mission of YMCA of Silicon Valley. In addition to 10 health and wellness facilities and a year-round resident camp, the Y offers afterschool and youth programs at hundreds of school campuses across Silicon Valley. “The Y is uniquely positioned to help create healthy living and a high quality of life for everyone in our communities which enriches the whole society. I am thrilled to join the mission to help all our neighbors in Silicon Valley thrive together so that no one is left behind”, said Patty Rally. Patty is native to the Bay Area, and with her husband, has raised her own family here. Patty earned her BA in Political Economics from UC Berkeley, and her MA in Sport Management from the University of San Francisco.
About YMCA of Silicon Valley
YMCA of Silicon Valley is a 501(c)(3) nonprofit strengthening community through youth development, healthy living and social responsibility. Across Santa Clara and San Mateo counties, YMCA of Silicon Valley serves 250,000 members and participants — regardless of age, income or background — by nurturing the potential of children and teens, improving health and well-being, and providing opportunities to give back and support our neighbors. For more information, visit: www.ymcasv.org.
Media Enquiries:
Leslie Smith
Vice President of Marketing & Communications
408-351-6423
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35485d51-857a-47dc-b4bf-2318cb9889d3
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YMCA of Silicon Valley Welcomes New Chief Development
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https://www.globenewswire.com/news-release/2023/08/01/2715418/0/en/YMCA-of-Silicon-Valley-Welcomes-New-Chief-Development-Officer-Patty-Rally.html
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"The Rosen Law Firm Pa"
] |
2023-08-01 01:19:52+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NovoCure...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of NovoCure Limited (NASDAQ: NVCR) between January 5, 2023 and June 5, 2023, both dates inclusive (the “Class Period”), of the important August 18, 2023 lead plaintiff deadline.
SO WHAT: If you purchased NovoCure securities 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 NovoCure class action, go to https://rosenlegal.com/submit-form/?case_id=17256 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 August 18, 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, throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose, among other things, that: (1) NovoCure concealed the true nature of the LUNAR study results—that the overwhelmingly positive way that the Company described them was only a half-truth at best given that the study failed to evaluate the efficacy of the drug against a population of patients that had been receiving standard of care treatment; (2) as a result, NovoCure’s business prospects, effectiveness of its products, and ultimately the likelihood of FDA approval were materially misleading during the Class Period; (3) the foregoing, once revealed, was reasonably likely to have a material negative impact on NovoCure’s financial condition; and (4) as a result, NovoCure’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 NovoCure class action, go to https://rosenlegal.com/submit-form/?case_id=17256 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.
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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
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages
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https://www.globenewswire.com/news-release/2023/08/01/2715407/673/en/ROSEN-A-LEADING-INVESTOR-RIGHTS-LAW-FIRM-Encourages-NovoCure-Limited-Investors-to-Secure-Counsel-Before-Important-Deadline-in-Securities-Class-Action-NVCR.html
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"Bragar Eagel"
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2023-08-01 01:20:42+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Futu Holdings Ltd. (NASDAQ: FUTU), DZS, Inc. (NASDAQ: DZSI), TriplePoint Venture Growth BDC Corp. (NYSE: TPVG), and NovoCure Limited (NASDAQ: NVCR). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Futu Holdings Ltd. (NASDAQ: FUTU)
Class Period: April 27, 2020 – May 16, 2023
Lead Plaintiff Deadline: August 11, 2023
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) Futu’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead falsely characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4) as a result, Defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
For more information on the Futu class action go to: https://bespc.com/cases/FUTU
DZS, Inc. (NASDAQ: DZSI)
Class Period: March 10, 2023 – May 31, 2023
Lead Plaintiff Deadline: August 14, 2023
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) DZS' financial statements from March 31, 2023 to the present contained certain errors; (2) as a result, DZS would need to restate its previously filed quarterly financial statement for the period ending March 31, 2023; (3) the Company had ongoing undisclosed issues with its internal controls over financial reporting; and (4) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
For more information on the DZS class action go to: https://bespc.com/cases/DZSI
TriplePoint Venture Growth BDC Corp. (NYSE: TPVG)
Class Period: March 4, 2020 – May 1, 2023
Lead Plaintiff Deadline: August 15, 2023
TriplePoint is a business development company specializing in investments in venture capital-backed companies at the growth stage. It also provides debt financing to venture growth space companies, including growth capital loans, secured and customized loans, equipment financings, revolving loans and direct equity investments.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) TriplePoint had overstated the strength of its various portfolio companies and loan book, as well as the viability of its overall investment strategy; (ii) the foregoing, once revealed, was likely to have a material negative impact on the Company's financial position and/or prospects; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 2, 2023, the Bear Cave released a report titled "Problems at TriplePoint Venture Growth BDC (TPVG)" (the "Bear Cave Report"). The Bear Cave Report highlighted significant issues at TriplePoint, alleging that "TriplePoint is encumbered by high fees, weak management, and a weaker loan book saddled by portfolio company bankruptcies and upside-down startups," and asserting that "the Bear Cave believes TriplePoint's equity may be severely impaired, if it has any value at all."
On this news, TriplePoint's stock price fell $1.19 per share, or 9.98%, over the following two trading sessions, to close at $10.73 per share on May 3, 2023.
For more information on the TriplePoint class action go to: https://bespc.com/cases/TPVG
NovoCure Limited (NASDAQ: NVCR)
Class Period: January 5, 2023 – June 5, 2023
Lead Plaintiff Deadline: August 18, 2023
On June 6, 2023, NovoCure issued a press release announcing "positive results" from the Phase 3 LUNAR clinical trial evaluating the use of its Tumor Treating Fields ("TTFields") therapy together with standard therapies for the treatment of non-small cell lung cancer. Despite reporting that patients receiving TTFields combined with standard therapies achieved median overall survival ("OS") of 13.2 months, compared to 9.9 months for patients treated only with standard therapies, analysts noted that the therapy was tested in patients who worsened following chemotherapy, which is no longer the standard of care in lung cancer, and that most patients first receive immune checkpoint inhibitors ("ICIs"). Although the Company stated that there was a "profound OS benefit" with a subgroup of patients who received ICIs, only a few patients (66) were treated with ICIs.
On this news, NovoCure's ordinary share price fell $35.51 per share, or 43.04%, to close at $47.00 per share on June 6, 2023.
The complaint asserts that the defendants engaged in false and/or deceptive statements and/or omitted important information, claiming the following: (1) The Company concealed the true nature of the LUNAR study data, which involved a relatively small percentage of participants who were receiving standard of care therapy; (2) Consequently, the reliability of the data in demonstrating clinical efficacy was significantly compromised; (3) The disclosure of this information had a reasonable likelihood of negatively affecting the Company’s regulatory prospects and overall operations; (4) as a result, the Company’s public statements made during the relevant times were materially false and misleading.
The allegations suggest that the defendants misrepresented the LUNAR study data and its impact, leading to potential negative consequences for the Company’s regulatory prospects and operations.
For more information on the NovoCure class action go to: https://bespc.com/cases/NVCR
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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Bragar Eagel & Squire, P.C. Reminds Investors That Class
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https://www.globenewswire.com/news-release/2023/08/01/2715416/0/en/Bragar-Eagel-Squire-P-C-Reminds-Investors-That-Class-Action-Lawsuits-Have-Been-Filed-Against-Futu-DZS-TriplePoint-and-NovoCure-and-Encourages-Investors-to-Contact-the-Firm.html
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[
"Avia Solutions Group",
"Asg"
] |
2023-08-01 01:09:32+00:00
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2023-07-30 00:00:00
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DUBLIN, Irlandia, July 31, 2023 (GLOBE NEWSWIRE) -- Tahun-tahun pandemi mendatangkan rekor pendapatan bagi kargo udara. Dengan terbatasnya pasokan akibat...
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Chinese (Simplified) Chinese (Traditional) French German Indonesian Japanese Korean Malay Portuguese Spanish Thai
DUBLIN, Irlandia, July 31, 2023 (GLOBE NEWSWIRE) -- Tahun-tahun pandemi mendatangkan rekor pendapatan bagi kargo udara. Dengan terbatasnya pasokan akibat tidak beroperasinya pesawat penumpang, dan meningkatnya permintaan berkat pesatnya pertumbuhan e-commerce, tarif per kilogram kargo pun melambung tinggi. Menurut hitungan TAC Yields dari Trade and Transport Group, di tahun 2019, tarif kargo dari Hong Kong ke Amerika Utara sebesar $3,80/kg. Sementara itu, tarif dari Eropa ke Amerika Utara $2,10/kg. Pada tahun 2022, layanan yang sama ini dikenai tarif masing-masing $9,00/kg dan $4,50/kg.
Tidak mengherankan jika kondisi ini mengubah posisi penyedia jasa kargo udara. Pendapatan kargo meningkat dua kali lipat dari $100 miliar di tahun 2019 menjadi $210 miliar di tahun 2021 (ini adalah angka dari IATA) sementara pendapatan dari pesawat penumpang anjlok dari $607 miliar per tahun menjadi $239 miliar. Pendapatan tahunan Cargolux tumbuh dari $2,2 miliar menjadi $5,1 miliar selama terjadinya pandemi, dan Silkway meningkatkan pendapatannya lebih dari dua kali lipat serta mengalami peningkatan margin dari -10% menjadi +30%. Keuntungan yang sangat besar ini, ditambah potensi jangka panjang e-commerce (yang telah mendorong Airbus dan Boeing membuat ramalan optimis akan adanya pertumbuhan di bisnis kargo udara), membuat banyak maskapai penerbangan lebih fokus pada bisnis kargo.
Namun, meningkatnya kapasitas ruang penyimpanan di bagian bawah pesawat telah menyebabkan tarif kargo turun tajam sekali lagi. IATA meramalkan bahwa pendapatan kargo dari tahun ke tahun akan turun sebesar 28,6% tahun ini. Ini artinya, kargo udara yang terkenal sebagai sektor siklis, sekali lagi memasuki masa turbulensi. Ini adalah gambaran di mana maskapai penerbangan memutuskan apakah akan membeli pesawat kargo baru atau tidak.
Pesawat kargo vs konversi pesawat penumpang ke pesawat kargo
Maskapai penerbangan dan penyedia kargo udara menerapkan strategi yang berbeda ketika membangun armada pesawat kargo mereka. Menurut laporan terbaru dari KPMG, tahun lalu, 35 pesanan dibuat untuk pesawat 777-200F baru, 33 pesanan dibuat untuk pesawat 777-8F baru, dan 20 penyedia layanan kargo membeli pesawat A350F baru. Pesanan ini datang dari penyedia layanan kargo udara khusus (Cargolux, Silkway West, DHL, FedEx) dan maskapai penerbangan (Lufthansa Cargo, Qatar, Air Canada, China Airlines, EVA, Air France, Etihad, SIA, dan Western Global). Sementara itu, konversi pesawat penumpang ke pesawat kargo (P-to-F) telah mencapai titik tertinggi dalam sejarah dengan volume yang diperkirakan akan mencapai puncaknya sebanyak 180 pesawat per tahun pada tahun 2025, dan kemudian stabil di kisaran 160 pesawat per tahun. Pengadaan pesawat ini dibandingkan dengan kondisi sebelum pandemi COVID-19 sebanyak 70 unit pesawat per tahun.
Sejumlah faktor memengaruhi pilihan untuk membeli pesawat kargo baru atau konversi pesawat penumpang ke pesawat kargo (P-to-F). Tentu saja, biaya menjadi faktor utama, dengan mempertimbangkan variabel-variabel seperti jumlah total pesanan, konsumsi bahan bakar, dan pemeliharan serta biaya produksi di depan. Waktu pemenuhan pesanan produksi merupakan faktor kunci lainnya, seperti halnya volume kargo dan fleksibilitas.
Faktor 1: Biaya Sewa
Ada perbedaan besar dalam biaya awal untuk pesawat baru versus pesawat penumpang konverter. Harga di depan untuk pesawat 777-200F atau A350F baru adalah sekitar $170 hingga $185 juta, atau harga sewa bulanan antara $1,2 dan $1,3 juta. Dengan melihat daftar pesanan dari mereka yang melakukan pembelian tahun lalu, mayoritas maskapai penerbangan memiliki sejumlah besar pesawat jenis ini dalam armadanya, khususnya maskapai kombinasi. Dalam kasus ini, kemungkinan besar biaya pembelian yang sebenarnya jauh lebih rendah dari kisaran $170 hingga $185 juta. Skala ekonomi yang positif juga akan menjadi faktor dalam menekan biaya bagi maskapai-maskapai ini. Meskipun demikian, terlepas dari penghematan ini, mereka masih akan memperhatikan biasa sewa bulanan sebesar $1 juta.
Sebaliknya, dengan menyewa pesawat konversi (P-to-F) akan menelan biaya sebesar $0,6 juta per bulan, atau secara kasar $65 juta untuk pembelian langsung. Pesawat ini kemungkinan besar akan bersaing ketat dengan rival produksinya, namun, dengan biaya yang lebih murah.
Faktor 2: MRO dan biaya pengoperasian
Maskapai penerbangan akan melakukan penghematan terhadap pesawat konversi P-to-F dalam hal MRO. Dengan akses ke pasar suku cadang bekas, pemeliharaan pesawat-pesawat ini akan jauh lebih murah daripada melanjutkan pengoperasian pesawat-pesawat baru.
Tentu saja, di samping hemat biaya, akses ke suku cadang bekas dapat juga mempercepat dan menyederhanakan proses pemeliharaan bagi maskapai penerbangan.
Konsumsi bahan bakar adalah pertimbangan lain. Secara historis, kami telah melihat adanya penurunan yang signifikan dalam konsumsi bahan bakar ketika pesawat baru mulai beroperasi. Ketika 777F diperkenalkan menggantikan 747-400F, konsumsi bahan bakarnya sebesar 6.800 kg/jam, jauh lebih rendah daripada konsumsi bahan bakar yang ditawarkan oleh 747-400F yakni sebesar 10.230 kg/jam. Namun, dengan 777X dan A350 yang baru, kecil kemungkinan bagi kami untuk melihat adanya penurunan konsumsi bahan bakar mendekati 30% seperti halnya yang terlihat dari 747-400F ke 777F. Penurunan konsumsi bahan bakar antara 10% hingga 15% adalah yang secara realistis dapat kami harapkan.
Secara seimbang, meskipun konsumsi bahan bakar lebih baik dan (dalam beberapa kasus) penghematan skala ekonomi mungkin dapat mengurangi dampak finansial dari pembelian pesawat kargo baru, namun dari segi biaya, konversi pesawat P-to-F menjadi pilihan yang jauh lebih menarik.
Faktor 3: Volume dan fleksibilitas pengiriman
Pesawat kargo baru memiliki kelebihan untuk mendatangkan keuntungan dari segi kapasitas pengiriman dan fleksibilitas. Secara khusus, pemuatan kargo melalui kompartemen hidung pesawat menawarkan keuntungan yang sangat besar. Pemuatan kargo semacam ini memudahkan pesawat untuk memasukkan kargo berukuran besar seperti generator besar, mesin, truk, dan teknologi khusus. Yang terpenting, kargo berukuran besar ini sangat menguntungkan dengan menawarkan profitabilitas yang lebih tinggi daripada pengiriman dengan menggunakan palet biasa.
Namun, pesawat kargo baru yang sedang diproduksi seperti 777X dan A350F tidak menawarkan pemuatan kargo melalui kompartemen hidung pesawat. Hal ini memiliki kedudukan yang sama dari segi keuntungan yang dimiliki oleh pesawat kargo khusus dibandingkan dengan pesawat kargo konversi karena keduanya kini terbatas pada kargo yang dapat masuk melalui pintu samping.
Bagaimana biaya konversi dari segi volume, kerapatan pengemasan, dan muatan kotor? Mari kita lihat 777-300ERCF dibandingkan dengan 777F (yang saat ini mencakup setengah dari armada kargo besar di dunia) dengan menggunakan data dari perbandingan tahun 2022 oleh Aircraft Commerce.
Meskipun 777F menawarkan muatan keseluruhan yang lebih besar yaitu 106,6 metrik ton, namun dari segi volume, 777-300ERCF dengan baik mengungguli 777F. 777-300ERCF menawarkan volume total hampir 6.000 kaki kubik lebih besar daripada 777F (28.739 kaki kubik dibandingkan dengan 22.971). Pendapatan per muatan juga jauh lebih tinggi. Pada bobot 2,925 kg, kapasitasnya 186.804 kaki kubik dan pada bobot 3,375 kg kapasitasnya 190.900 kaki kubik, dibandingkan dengan 777F masing-masing 149.312 kaki kubik dan 172.283 kaki kubik. Satu hal penting yang perlu diperhatikan dalam perbandingan ini adalah volume, bukan muatan kotor, yang paling penting dalam layanan ekspres e-commerce, dimana hal ini akan menjadi pendorong pertumbuhan yang penting di masa depan. Dan dalam bidang ini, 777-300ERCF menawarkan keunggulan yang jelas.
Menghindari jebakan pembelian pesawat kargo baru
Airbus memperkirakan bahwa 1.040 pesawat kargo tambahan perlu ditambahkan ke dalam armada kargo global pada tahun 2041 - ramalan Boeing bahkan lebih meyakinkan. Membeli pesawat kargo baru untuk memenuhi kebutuhan ini membawa risiko yang signifikan bagi maskapai penerbangan. Dengan harga kargo yang turun secara signifikan, investasi CAPEX untuk A350 atau 777F baru merupakan pengeluaran keuangan yang sangat besar pada saat harga turun dengan cepat. Berinvestasi besar-besaran pada pesawat kargo baru senilai $185 juta mungkin masuk akal pada tahun 2021 ketika harga kargo udara mencapai rekor tertinggi. Namun, pada tahun 2023, hal ini tidak lagi menjadi kebijakan yang aman.
Selain itu, hanya sedikit yang bisa didapat dalam hal kinerja dan kapasitas dari pembelian pesawat kargo baru. Konversi P-to-F mampu menyamai pesawat kargo produksi baru dalam hal volume, dan memiliki keunggulan penting dalam hal pemeliharaan dan produksi.
Pada akhirnya, konversi mewakili risiko keuangan yang jauh lebih rendah, sehingga memungkinkan maskapai penerbangan untuk meningkatkan kapasitas kargo udara mereka secara berkelanjutan. Itulah sebabnya kami melihat pertumbuhan yang signifikan dalam konversi P-to-F, sementara pengiriman pesawat kargo baru mengalami stagnasi. Memang benar, banyak maskapai penerbangan tidak mau mengambil risiko finansial untuk membeli pesawat baru karena harganya yang jatuh, dan hanya melihat keuntungan yang sedikit dibandingkan dengan pesawat penumpang yang sudah diremajakan.
Tentang Gediminas Ziemelis
Gediminas Ziemelis (lahir pada tanggal 4 April 1977) adalah seorang pengusaha Lithuania yang berbakat, konsultan bisnis, dan pendiri serta Ketua Dewan Avia Solutions Group saat ini, salah satu penyedia layanan ACMI (Aircraft, Crew, Maintenance, and Insurance/Pesawat, Kru, Pemeliharaan, dan Asuransi) terbesar di dunia, yang mengoperasikan 180 armada pesawat. Beliau terpilih dua kali di antara 40 pemimpin industri muda paling berbakat oleh Aviation Week & Space Technology.
Gediminas dikenal karena pola pikirnya yang kosmopolitan dan kemampuan manajemennya yang luar biasa, yang telah berkontribusi pada kesuksesannya di berbagai bidang bisnis. Selama 26 tahun karirnya, Gediminas telah mendirikan lebih dari 100 perusahaan rintisan, 50% di antaranya masih beroperasi, memimpin perusahaan-perusahaan melalui 4 proses IPO/SPO yang sukses, dan menggalang dana lebih dari 800 juta euro di pasar modal dan pasar obligasi global.
Pada bulan Desember 2022, Gediminas Ziemelis terdaftar sebagai orang Lithuania terkaya oleh Majalah TOP, dengan estimasi aset senilai 1,68 miliar euro.
Gediminas adalah donatur terbesar untuk Rimantas Kaukenas Support Group, sebuah badan amal dan dana bantuan, yang memberikan bantuan kepada anak-anak dengan penyakit onkologi dan keluarganya. Beliau juga merupakan pemegang saham terbesar di klub bola basket terkemuka, Wolves.
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Ketua Avia Solutions Group, Gediminas Ziemelis: Tantangan
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https://www.globenewswire.com/news-release/2023/07/30/2714523/0/id/Ketua-Avia-Solutions-Group-Gediminas-Ziemelis-Tantangan-pesawat-kargo-pabrik-dibandingkan-dengan-P2F.html
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"The Seo Chap"
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2023-08-01 01:20:04+00:00
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2023-08-01 00:00:00
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18 years experience helps launch The SEO Chap, a UK based SEO consultancy for firms globally...
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Chichester, UK, July 31, 2023 (GLOBE NEWSWIRE) -- The digital world has a new player that promises to bring unparalleled expertise to search engine marketing. Today marks the launch of The SEO Chap, a UK-based SEO consultancy that specialises in SEO solutions, premium SEO audits, PR link building, and online reputation repair.
The SEO Chap, spearheaded by Steve O'Brien, aims to bridge the gap between businesses and their audiences by using advanced digital strategies and communications. Steve, a seasoned SEO expert with a track record of delivering effective and innovative SEO solutions over an incredible 18 years of SEO experience, brings his vast experience and distinctive expertise to the front of this new venture.
"In an era where digital presence determines a brand's success, I provide clients with a massive competitive edge. The SEO Chap is committed to delivering search engine solutions and PR link building strategies that will propel businesses forward," says Principle, Steve O'Brien. "Our focus isn't just on improving search engine rankings; we strive to establish bespoke consultancy solutions for clients including expert SEO audits, premium backlinks, enhanced online reputation to drive measurable growth for businesses."
Steve continued, "As AI technology becomes increasingly prevalent in digital marketing, businesses need more than conventional and reliable solutions. They require strategic partners with experience, who possess both profound knowledge of SEO and the ability to tailor approaches to meet their unique requirements,"
The SEO Chap offers a comprehensive suite of services including SEO expert solutions, bespoke SEO audits, digital PR and PR link building, plus online reputation repair. With an emphasis on delivering measurable results and sustainable growth, The SEO Chap is positioned to empower businesses with the tools they need to succeed in the digital space.
Additionally, The SEO Chap's online reputation repair service aims to help businesses that have been negatively impacted by poor online reviews or damaging content. Strategic content creation and SEO techniques are implemented to manage and improve a clients' online reputation and right the wrong.
In a climate where organisations are increasingly seeking the expertise of consultant experts, The SEO Chap emerges as a perfect match. With a strategic blend of senior personalised attention, in-depth industry experience and knowledge, plus the background support of a dedicated team, is all set to redefine the way businesses approach SEO and digital strategy.
Businesses seeking to harness the power of SEO, secure quality backlinks, and their repair online reputation or enhance social proof are encouraged to explore the services of The SEO Chap.
The SEO Chap launches expert SEO and digital PR solutions
About The SEO Chap
The SEO Chap is a UK-based SEO and PR link building consultancy led by Steve O'Brien, an industry expert with a wealth of experience dating back to 2006. Offering a range of digital solutions, including SEO services, expert SEO audits, PR link building, and online reputation repair, The SEO Chap is committed to driving measurable growth and delivering a unique blend of personal consultant services with the backing of a dedicated team.
Media Contact:
Steve O'Brien - Principle
media@theseochap.com
Source Company: https://theseochap.com/
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UK-Based SEO Consultancy, The SEO Chap, Launches Expert SEO
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https://www.globenewswire.com/news-release/2023/08/01/2715409/0/en/UK-Based-SEO-Consultancy-The-SEO-Chap-Launches-Expert-SEO-and-Digital-PR-Solutions-to-Businesses-Worldwide.html
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"Flued Inc."
] |
2023-08-01 01:20:11+00:00
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2023-08-01 00:00:00
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TOKYO, July 31, 2023 (GLOBE NEWSWIRE) -- FLUED Inc. (“FLUED”) announced that it has reached the platinum tier of HubSpot’s Solutions Partner Program,...
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https%3A%2F%2Fwww.globenewswire.com%2Fnews-release%2F2023%2F08%2F01%2F2715410%2F0%2Fen%2FFLUED-Reaches-Platinum-Tier-as-a-HubSpot-Solutions-Partner.html.json
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TOKYO, July 31, 2023 (GLOBE NEWSWIRE) -- FLUED Inc. (“FLUED”) announced that it has reached the platinum tier of HubSpot’s Solutions Partner Program, joining just six other Platinum-tiered partners in Japan, which makes them the seventh in Japan. HubSpot, a leading CRM platform for scaling companies, works hand-in-hand with partner experts to grow their businesses through inbound software, services, and support.
The Solutions Partner Program is an ecosystem of experts that offer marketing, sales, customer service, web design, CRM, and IT services. It’s a global community that believes putting customers first is the key to growth, and enables its members to offer a wide breadth of more sophisticated solutions across the entire customer experience.
Over the past year, FLUED has grown its business by incorporating inbound strategies to attract, engage, and delight customers. FLUED is one of a small number of expert groups specialized in B2B marketing/sales in Japan. In 2019 FLUED became a HubSpot partner, gold partner in 2020, and has now attained the level of Platinum partner. As of April 2023, there are only 7 Platinum or higher-ranking partners in Japan. Notable milestones and achievements include:
Offering tools that automate data migration from other CRMs such as Salesforce and ZOHO.
Building operations by combining B2B marketing/sales tools from in and out of the country that can integrate with HubSpot.
Utilizing high expertise and working knowledge of marketing and sales activities, FLUED proposes appropriate operations and data maintenance methods.
“In B2B marketing and sales areas, we are able to provide a wide range of support for both online and offline measures, which has built trust with customers. With our strong partnership with HubSpot, we will continue to be dedicated to consulting areas such as strategy formulation and planning, to BPO and practical operations such as production, operation, and agency.” says Soh Matsunaga, CEO of FLUED. “As an “expert group” of B2B marketing and sales, we provide project participation type of support. This project-participation type of support and HubSpot's range of services go very well together.I believe that it is a major reason why we were able to reach the platinum tier of HubSpot's Solutions Partner Program this time because it meets the needs of the times. We will continue to support our clients in solving their problems through both B2B marketing and sales.”
“Our mission at HubSpot is to help millions grow better, and we are extremely fortunate to have solutions partners like FLUED who share this goal," said Brian Garvey, VP, Solutions Partner Program, HubSpot. "Through their hard work and unwavering commitment to customers, FLUED has helped global B2B companies with specialized marketing and sales professionals successfully make an impact in the Japanese region. I’m thrilled to welcome FLUED and their entire team to the platinum tier of the Solutions Partner Program.”
About HubSpot
HubSpot provides a cloud-based CRM (customer relationship management) platform that supports the growth of companies with products and services that combine "ease of use" and "advanced functionality". HubSpot's CRM platform includes products for marketing, sales, customer service, operations, website management and supports the practice of the idea of "inbound" which grow your own business by attracting, building trust, and satisfying customers. It enables to expand flexibly according to the needs of growth phase of each company and is currently installed in about 177,000 companies in more than 120 countries around the world.
https://www.hubspot.com/
About FLUED
FLUED was established in 2019 as a group of experts in B2B marketing and sales.
We run a project participation type of support by a group of experts to solve problems of Japanese companies that are behind in sales digital transformation.
We provide a wide range of support, from consulting areas such as strategy formulation and planning, to BPO and practical operations such as production, operation, and agency.
Other services provided by FLUED
In addition to HubSpot implementation/utilization support, we also provide the following services.
ABM target definition / list creation
Customer journey design
CRM / MA / SFA design / construction / establishment
WEB / LP / B2B-EC production
Web advertisement (Google/FB, etc.) operation
Article content / video production
Inside sales agency
Sales training / sales enablement
Webinar / exhibition lead acquisition
Construction of B2B marketing organization
Contact Information
FLUED Inc.
Soh Matsunaga, CEO
sohmatsunaga@flued.jp
Address: Ark Hills South Tower 16F, 1-4-5 Roppongi, Minato-ku, Tokyo
URL: https://flued.jp/en/
LinkedIn: https://www.linkedin.com/company/flued-inc/
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d8ff09f9-5930-4c37-9168-8fdeb7fc765b
https://www.globenewswire.com/NewsRoom/AttachmentNg/0f40737b-d412-4200-8185-493999f6c997
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FLUED Reaches Platinum Tier as a HubSpot Solutions Partner
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[
"Patriot Battery Metals"
] |
2023-08-01 01:19:28+00:00
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2023-07-31 00:00:00
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia and SYDNEY,...
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia and SYDNEY, Australia, July 31, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX.V: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) is pleased to announce that it has entered into a subscription agreement with respect to a private placement of approximately C$109 million (the “Strategic Investment”) in Patriot by Albemarle Corporation (“Albemarle”) (NYSE: ALB).
Albemarle will subscribe for an aggregate of 7,128,341 common shares of the Company (the “Common Shares”) at a price of C$15.29 per Common Share, representing a 7% premium to the closing price of the Common Shares on the TSX Venture Exchange (the "TSXV”) on July 31, 2023, and a 10% premium to the 10-day volume weighted average trading price of the Common Shares on the TSXV for the period ending July 31, 2023, the last trading day prior to the announcement of the Strategic Investment. Upon closing of the Strategic Investment, Albemarle will own approximately 4.9% of Patriot’s issued and outstanding Common Shares on a fully-diluted in-the-money basis, or 6.4% on a non-diluted, issued and outstanding basis. The proceeds from the Strategic Investment will be used to accelerate the development activities at the Company’s Corvette Lithium Project (the “Property”) and for general corporate purposes.
Blair Way, Company President and CEO, commented: “We could not be more pleased to have welcomed Albemarle to invest in Patriot. I believe both Patriot and Albemarle can be a big part of building out the required front-end to the lithium chemicals supply chain in North America and Europe over the coming years. The additional funding will allow us to more aggressively advance the Corvette Property through drilling, permitting, study work and more.”
Alexander Thompson, VP Lithium Resources at Albemarle, commented: “We look forward to collaborating with Patriot to better understand the Corvette property and the opportunities this project represents for the North American battery materials supply chain.”
Investor Rights
At the closing of the Strategic Investment, Patriot and Albemarle will enter into an investor rights agreement (the “Investor Rights Agreement”) for a twelve-month term whereby, subject to certain conditions, Albemarle will have the right to receive notices regarding participation in future equity capital raises to maintain its ownership level. The Investor Rights Agreement will also include (i) a standstill undertaking pursuant to which, among other things, Albemarle will agree not to increase its stake in the Company to greater than 4.9% on a fully-diluted in-the-money basis, (ii) certain restrictions on dispositions of Company shares by Albemarle, and (iii) a covenant from Albemarle to vote in favour of management’s recommendations on ordinary matters to be approved by shareholders of the Company, in each case subject to certain customary conditions and exceptions.
MOU Terms
At the closing of the Strategic Investment, Patriot will enter into a non-binding memorandum of understanding (the “MOU”) with Albemarle to assess partnership opportunities to study the viability of a downstream lithium hydroxide plant integrated with the Property and located in Canada or the United States, including options in the Province of Quebec. The MOU includes an exclusivity period for an initial nine months which may be extended. Patriot cautions that there is no assurance that the MOU will result in the completion of a study or the formation of a partnership or joint venture with Albemarle. The MOU will be subject to a number of customary conditions.
The Strategic Investment is expected to close on or before August 4, 2023 and is subject to TSXV approval and other customary closing conditions. The Common Shares to be issued under the Strategic Investment will be issued under the Company’s existing ASX Listing Rule 7.1 capacity without shareholder approval. The Common Shares will be subject to a statutory hold period of four months and one day in accordance with applicable securities regulations.
The Investor Rights Agreement will be made available under the Company’s profile at www.sedarplus.ca and www.asx.com.au in due course.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons absent registration under, or an applicable exemption from the registration requirements of, the U.S. Securities Act and applicable state securities laws.
Macquarie Capital is acting as financial advisor to Patriot and will receive an advisory fee equal to 3% of the gross proceeds of the Strategic Investment.
About Patriot Battery Metals Inc.
Patriot Battery Metals Inc. is a hard-rock lithium exploration company focused on advancing its district-scale 100% owned Corvette Property located in the Eeyou Istchee James Bay region of Quebec, Canada, and proximal to regional road and powerline infrastructure. The Corvette Property hosts the CV5 Spodumene Pegmatite with a maiden inferred mineral resource estimate of 109.2 Mt at 1.42% Li2O and 160 ppm Ta2O5 (at a cut-off of 0.40% Li2O), and ranks as the largest lithium pegmatite resource in the Americas, and one of the top 10 largest lithium pegmatite resources in the world. Additionally, the Corvette Property hosts multiple other spodumene pegmatite clusters that remain to be drill tested, as well as more than 20 km of prospective trend that remain to be assessed.
About Albemarle Corporation
Albemarle Corporation (NYSE: ALB) is a global leader in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health. Together with its world-class lithium and bromine resources, technical and process knowledge, and safety and sustainability performance, Albemarle partner with its customers to pioneer new ways to move, power, connect, and protect. Albemarle is committed to building a more resilient world where people and planet thrive. Learn more about Albemarle at www.albemarle.com and at @albemarlecorp on LinkedIn, Twitter, and Facebook.
Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
For further information, please contact us at info@patriotbatterymetals.com or by calling +1 (604) 279-8709, or visit www.patriotbatterymetals.com. Please also refer to the Company’s continuous disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for available exploration data.
This news release has been approved by the Board of Directors.
“BLAIR WAY”
Blair Way, President, CEO, & Director
Disclaimer for Forward-Looking Information
This news release contains “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws and other statements that are not historical facts. Forward-looking statements are included to provide information about management’s current expectations and plans that allows investors and others to have a better understanding of the Company’s business plans and financial performance and condition.
All statements, other than statements of historical fact included in this news release, regarding the Company’s strategy, future operations, financial position, prospects, plans and objectives of management are forward-looking statements that involve risks and uncertainties. Forward-looking statements are typically identified by words such as “plan”, “expect”, “estimate”, “intend”, “anticipate”, “believe”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. In particular and without limitation, this news release contains forward-looking statements pertaining to the closing of and the proceeds from, the sale of the Common Shares pursuant to the Strategic Investment, the intended use of the proceeds from the Strategic Investment, the completion of a study for a lithium hydroxide plant and the formation of joint venture or partnership with Albemarle.
Forward-looking information is based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such information or statements. There can be no assurance that such information or statements will prove to be accurate. Key assumptions upon which the Company’s forward-looking information is based include the ability of the Company to satisfy all closing conditions of the Strategic Investment and the total funding required to complete the Company's Corvette Lithium Project.
Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Forward-looking statements are also subject to risks and uncertainties facing the Company’s business, any of which could have a material adverse effect on the Company’s business, financial condition, results of operations and growth prospects. Some of the risks the Company faces and the uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements include, among others, the Company’s ability to satisfy all the closing conditions, including obtaining any required consents and documents and the ability to execute on plans relating to the Company’s Corvette Lithium Project, including the timing thereof. In addition, readers are directed to carefully review the detailed risk discussion in the Company’s most recent Annual Information Form filed on SEDAR+, which discussion is incorporated by reference in this news release, for a fuller understanding of the risks and uncertainties that affect the Company’s business and operations.
Although the Company believes its expectations are based upon reasonable assumptions and has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. As such, these risks are not exhaustive; however, they should be considered carefully. If any of these risks or uncertainties materialize, actual results may vary materially from those anticipated in the forward-looking statements found herein. Due to the risks, uncertainties and assumptions inherent in forward-looking statements, readers should not place undue reliance on forward-looking statements.
Forward-looking statements contained herein are presented for the purpose of assisting investors in understanding the Company’s business plans, financial performance and condition and may not be appropriate for other purposes.
The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. The Company qualifies all of its forward-looking statements by these cautionary statements.
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Patriot Battery Metals Announces a C$109 Million Strategic
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https://www.globenewswire.com/news-release/2023/07/31/2715403/0/en/Patriot-Battery-Metals-Announces-a-C-109-Million-Strategic-Investment-and-Memorandum-of-Understanding-with-Albemarle-Corporation.html
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"Bragar Eagel"
] |
2023-08-01 01:20:56+00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of UP Fintech Holding Limited (NASDAQ: TIGR), GDS Holdings Limited (NASDAQ: GDS), Arrow Financial Corporation (NASDAQ: AROW), and ImmunityBio, Inc. (NASDAQ: IBRX). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
UP Fintech Holding Limited (NASDAQ: TIGR)
Class Period: April 29, 2020 – May 16, 2023
Lead Plaintiff Deadline: August 21, 2023
On October 28, 2021, The Wall Street Journal published an article stating that “[a] senior official at China’s central bank said cross-border online brokerages operating in mainland China were acting illegally,” and specified that UP Fintech has “thrived partly by enabling customers in mainland China to buy and sell U.S. and Hong Kong-listed stocks.” On this news, UP Fintech’s stock price fell $1.51, or 17.1%, to close at $7.34 per ADS on October 28, 2021, thereby injuring investors.
Then, on December 17, 2021, after market hours, Reuters reported that “Chinese officials are planning to ban online brokerages such as [. . .] UP Fintech . . . from offering offshore trading services to mainland clients, the latest development in a broad regulatory crackdown that has roiled a wide range of sectors over the past year.” On this news, UP Fintech’s stock price fell $0.13, or 2.6%, to close at $4.82 per ADS on December 17, 2021.
Then, on December 30, 2022, The Wall Street Journal reported that the China Securities Regulatory Commission (“CSRC”) had issued a statement disclosing that UP Fintech “violated its domestic laws by allowing customers on the mainland to make cross-border trades,” and that the Company’s “act of offering offshore securities-trading services to clients in mainland China doesn’t comply with the country’s laws and regulations.” According to the article, the CSRC “had discussions with . . . Up Fintech’s senior executives in late 2021 and told them to comply with such laws.” On this news, UP Fintech’s stock price fell $1.36, or 28.5%, to close at $3.41 per ADS on December 30, 2022.
Then, on May 16, 2023, Reuters published an article stating that UP Fintech would be removing its app in mainland China. On this news, UP Fintech’s stock price fell $0.21, or 7.4%, to close at $2.64 per ADS on May 16, 2023, thereby injuring investors further.
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) UP Fintech’s business was, quite simply, illegal as it related to operations in China as a result of its failure to obtain the proper licenses; (2) it did not fully disclose to investors that it was engaging in unlawful activity and instead characterized the applicable Chinese laws as ambiguous; (3) the foregoing subjected the Company to a heightened risk of regulatory enforcement; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
For more information on the UP Fintech class action go to: https://bespc.com/cases/TIGR
GDS Holdings Limited (NASDAQ: GDS)
Class Period: April 12, 2021 – April 3, 2023
Lead Plaintiff Deadline: August 21, 2023
On April 4, 2023, GDS announced on Form 20-F that Chief Executive Officer (“CEO”), William Wei Huang, entered into pre-paid forward sale contract transactions, which the Company previously omitted. The Form 20-F states that “Mr. Huang has in the past entered into, and may in the future enter into, certain transactions from time to time, including derivative transactions, that have and could have the effect of reducing Mr. Huang’s beneficial ownership in our company. Mr. Huang informed our company that certain variable pre-paid forward sale contract transactions in respect of 42,457,504 ordinary shares beneficially owned by him, which transactions he originally entered into between May 2020 and June 2022, would expire between March 2023 and December 2023. If Mr. Huang chooses to settle these transactions by transferring ownership of the 42,457,504 ordinary shares to the counterparties, his beneficial ownership interest in our total issued share capital may decrease to below 5%, which would trigger an automatic conversion event, unless the 5% threshold contained in our Articles of Association is reduced or he otherwise acquires beneficial ownership of additional shares to keep his beneficial ownership at or above 5% or such other threshold if so reduced.
Should this happen, all Class B ordinary shares would automatically convert into Class A ordinary shares, and the dual-class share structure would thereby be terminated. This would constitute a change of control for the purposes of certain of our, or our subsidiaries’ and the consolidated entities’, sales agreements and domestic loan facility agreements, and if such provisions under the domestic loan agreements are triggered, which could give the lenders the right to demand early repayment under these domestic loan agreements. Such change of control may result in actual, potential or alleged breaches or early termination of other contracts or agreements. The change of control potentially may also have implications for the purposes of China’s national security review regime and anti-monopoly merger filing requirements, if applicable. The occurrence of any of the foregoing may have a material and adverse effect on our business development, financial condition and future prospects.”
On this news, GDS’ American depositary receipt (“ADR”) price fell $0.74 per ADR, or 3.99%, to close at $17.80 per ADR on April 4, 2023.
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) Defendant Huang had engaged in undisclosed pre-paid forward sale contract transactions as early as May 2020; (2) this presented a risk of Defendant Huang’s ownership going below 5% of the Company’s outstanding shares; (3) if Huang’s ownership dipped below 5%, it would result in a change of control of the Company which, as the Company admitted, could result in disastrous consequences; and (4); as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
For more information on the GDS class action go to: https://bespc.com/cases/GDS
Arrow Financial Corporation (NASDAQ: AROW)
Class Period: March 12, 2022 – May 12, 2023
Lead Plaintiff Deadline: August 22, 2023
Arrow is a bank holding company that provides commercial and consumer banking, as well as financial products and services. The Company’s common stock trades on the NASDAQ Global Select Market (“NASDAQ”). Accordingly, the Company is subject to the NASDAQ’s listing and periodic filing requirements, including the requirement to timely file quarterly and annual reports with the U.S. Securities and Exchange Commission (“SEC”).
On March 16, 2023, Arrow disclosed that it could not timely file its annual report on Form 10-K with the SEC for the quarter and year ended December 31, 2022 (the “2022 10-K”) because “[t]he Company requires additional time to complete the assessment of the effectiveness of internal controls over financial reporting as of December 31, 2022.” Arrow also advised that it “believes that the [2022] 10-K will be filed within the extension period provided under Rule 12b-25 of the [Exchange Act], as amended.”
On this news, Arrow’s stock price fell $0.99 per share, or 3.64%, to close at $26.21 per share on March 17, 2023.
On March 31, 2023, Arrow disclosed that “it will not be able to timely file the [2022 10-K]” within the extension period provided under Rule 12b-25 of the Exchange Act, as amended. The same filing also noted that Defendants expect to disclose deficiencies in the Company’s internal controls over financial reporting in the purportedly forthcoming 2022 10-K, which related to, inter alia, the failure to (i) design and maintain an effective risk assessment process, (ii) design and maintain effective monitoring activities to provide sufficient management oversight over the internal control evaluation process to support the internal control objectives, and (iii) assess and communicate the severity of identified deficiencies in a timely manner to those individuals responsible for taking corrective action.
On May 11, 2023, Arrow disclosed that it could not timely file its quarterly report on Form 10-Q with the SEC for the quarter ended March 31, 2023 (the “1Q23 10-Q”) “because the Company continued to require additional time to complete management’s assessment of the effectiveness of internal controls over financial reporting as of December 31, 2022[.]”
On this news, Arrow’s stock price fell $0.33 per share, or 1.66%, to close at $19.59 per share on May 12, 2023.
On April 5, 2023, Arrow disclosed that, on April 3, 2023, it received a notice of non-compliance with the NASDAQ’s periodic filing requirements because of the Company’s failure to timely file the 2022 10-K with the SEC.
Then, on May 15, 2023, Arrow disclosed that, on May 12, 2023, it received a second notice of non-compliance with the NASDAQ’s periodic filing requirements because of the Company’s failure to timely file the 1Q23 10-Q with the SEC. Arrow also disclosed that the Company’s “President and Chief Executive Officer and a member of the Board of Directors of Arrow . . . terminated his employment as President and CEO and as a director of the Company and from all other positions he holds with the Company and its affiliates, effective May 12, 2023.”
On this news, Arrow’s stock price fell $0.53 per share, or 2.71%, to close at $19.06 per share on May 15, 2023.
The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Arrow maintained defective disclosure controls and procedures and internal controls over financial reporting; (ii) the foregoing increased the risk that the Company could not timely file one or more of its periodic financial reports with the SEC as required by the NASDAQ’s listing requirements; (iii) accordingly, Arrow was at an increased risk of being delisted from the NASDAQ; (iv) following the disclosure of deficiencies in the Company’s disclosure controls and procedures and internal controls over financial reporting, Arrow downplayed the severity of these issues and the associated risks; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
For more information on the Arrow class action go to: https://bespc.com/cases/AROW
ImmunityBio, Inc. (NASDAQ: IBRX)
Class Period: May 23, 2022 – May 10, 2023
Lead Plaintiff Deadline: August 29, 2023
ImmunityBio is a clinical-stage biotechnology company that engages in developing therapies and vaccines that complement, harness, and amplify the immune system to defeat cancers and infectious diseases in the U.S. and Europe. The Company offers immunotherapy and cell therapy platforms, including, inter alia, antibody cytokine fusion protein N-803, commercially referred to as “Anktiva”. The Company uses third-party contract manufacturing organizations (“CMOs”) to produce certain of its product candidates, including Anktiva.
In May 2022, ImmunityBio submitted a Biologics License Application (“BLA”) for Anktiva to the U.S. Food and Drug Administration (“FDA”). Following submission of its application, ImmunityBio consistently assured investors that “[w]e have established Good Manufacturing Practice (GMP) manufacturing capacity at scale with cutting-edge cell manufacturing expertise and ready-to-scale facilities[.]”
On May 11, 2023, during pre-market hours, ImmunityBio announced that the FDA had rejected the BLA for Anktiva in its present form, citing “deficiencies relat[ing] to the FDA’s pre-license inspection of the Company’s third-party contract manufacturing organizations.”
On this news, ImmunityBio’s stock price fell $3.43 per share, or 55.14%, to close at $2.79 per share on May 11, 2023.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) ImmunityBio conducted insufficient due diligence to discover, or else did discover and ignored, GMP deficiencies at its third-party CMOs for Anktiva; (ii) one or more of the Company’s third-party CMOs for Anktiva did in fact suffer from GMP deficiencies; (iii) the foregoing deficiencies was likely to cause the FDA to reject the Anktiva BLA in its present form; (iv) accordingly, the Company overstated the regulatory approval prospects for the Anktiva BLA; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
For more information on the ImmunityBio class action go to: https://bespc.com/cases/IBRX
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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2023-08-01 01:19:58+00:00
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MILPITAS, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), the leader in smart building technologies, today...
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MILPITAS, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- View, Inc. (Nasdaq: VIEW) (“View” or the “Company”), the leader in smart building technologies, today announced that the Company plans to report Q2 2023 financial results after the market close on Thursday, August 10th.
View will host a conference call to discuss its financial results at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time on Thursday, August 10th. A live webcast of the call can be accessed on View’s Investor Relations website at https://investors.view.com or through the webcast link below. An audio replay of the webcast will be available shortly after the call. The Company’s earnings press release will also be available on View’s Investor Relations website.
Conference Call and Webcast:
Title: View, Inc. Second Quarter 2023 Financial Results Conference Call
Date/Time: August 10th, 2023, at 5:00 pm ET
Participant Dial-In: +1-877-524-8416 / +1-412-902-1028
Webcast Link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=s0Fo8c0T
About View
View is the leader in smart building technologies that transform buildings to improve human health and experience, reduce energy consumption and carbon emissions, and generate additional revenue for building owners. View Smart Windows use artificial intelligence to automatically adjust in response to outdoor conditions, eliminating the need for blinds and increasing access to natural light. Every View installation includes a cloud-connected smart building platform that can easily be extended to reimagine the occupant experience. View’s products are installed in offices, apartments, airports, hotels, and educational facilities. For more information, please visit: www.view.com.
For further information:
Investors:
View, Inc.
IR@View.com
408-493-1358
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View to Release Second Quarter 2023 Financial Results
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"Cheetah Net Supply Chain Services Inc"
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2023-08-01 01:19:40+00:00
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CHARLOTTE, N.C., July 31, 2023 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. (“Cheetah Net” or the “Company”) (NASDAQ: CTNT), a supplier of...
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CHARLOTTE, N.C., July 31, 2023 (GLOBE NEWSWIRE) -- Cheetah Net Supply Chain Service Inc. (“Cheetah Net” or the “Company”) (NASDAQ: CTNT), a supplier of parallel-import vehicles sourced in the U.S. to be sold in the PRC market, today announced the pricing of its initial public offering of 1,250,000 shares of Class A common stock. Each share of Class A common stock is being sold at an offering price of $4.00, for gross proceeds of $5.0 million, before deducting underwriting discounts and offering expenses. In addition, Cheetah Net has granted the underwriters a 45-day option to purchase up to an additional 187,500 shares of Class A common stock to cover over-allotments at the initial public offering price, less the underwriting discount. All the shares of Class A common stock are being offered by the Company.
The shares of Class A common stock are expected to begin trading on the Nasdaq Capital Market on August 1, 2023, under the symbol “CTNT.” The offering is expected to close on August 3, 2023, subject to satisfaction of customary closing conditions.
Maxim Group LLC is acting as the sole book-running manager in connection with the offering. Hunter Taubman Fischer & Li LLC is acting as U.S. counsel to the Company, and Loeb & Loeb LLP is acting as U.S. counsel to Maxim Group LLC in connection with the offering.
A registration statement on Form S-1, as amended (File No. 333-271185) was filed with the U.S. Securities and Exchange Commission (the “SEC”), which became effective on July 31, 2023. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. The offering is being made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022, at (212) 895-3745. Before investing in this offering, interested parties should read in its entirety the registration statement that the Company has filed with the SEC, which provides additional information about the Company and this offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Cheetah Net Supply Chain Service Inc.
Cheetah Net is a supplier of parallel-import vehicles sourced in the U.S. to be sold in the PRC market. In the PRC, parallel-import vehicles refer to those purchased by dealers directly from overseas markets and imported for sale through channels other than brand manufacturers’ official distribution systems. To the Company’s knowledge, there are currently no U.S. federal or state laws, regulations, or rules on trade or export that prohibit the export of vehicles that will be parallel imported into foreign countries. The Company purchases automobiles, primarily luxury brands such as Mercedes, BMW, Porsche, Lexus, and Bentley, from the U.S. market and resells them to the Company’s customers, including both U.S. and PRC parallel-import car dealers. The Company derives profits primarily from the price difference between the Company’s buying and selling prices for parallel-import vehicles.
Forward-Looking Statements
This press release contains certain forward-looking statements, including those relating to the anticipated timing of completion of the offering and other statements that are predictive in nature. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds, the expected date the Company’s shares of Class A common stock will begin trading, the satisfaction of customary closing conditions, and the expected date of the closing of the offering. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s filings with the SEC, including its registration statement on Form S-1, as amended from time to time, under the caption “Risk Factors.”
For more information, please contact:
Cheetah Net Supply Chain Service Inc.
Robert W. Cook
Chief Financial Officer
(704) 972-0209
robert.c@cheetah-net.com
LHA Investor Relations
Jody Burfening
(212)-838-3777
jburfening@lhai.com
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Cheetah Net Supply Chain Service Inc. Announces Pricing of
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"Hampton Financial Corporation"
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2023-08-01 01:19:46+00:00
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Hampton Financial...
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, July 31, 2023 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Company”, TSXV:HFC & HFC.PR.A) today announced its financial results for the 3rd quarter ended May 31st, 2023.
“The third quarter results are consistent with Q2 results amidst continued pressures on Revenues and Earnings across the industry that began in fall of 2022 and continue well into calendar 2023. Capital Markets activity continues to be weak amidst rising rates and economic and political uncertainty, but we are seeing signs of an initial recovery that should be reflected in coming quarters. Q4 is seeing significant improvements in operating trends,” said Hampton Executive Chairman & CEO Peter Deeb.
First Quarter fiscal highlights:
Third Quarter ended May 31st, 2023;
Q3 Revenues of $2,180,000; a decrease of 58% year-over-year
Q3 Net Losses of $(1,023,000) or $(0.03) per share ($(0.02) – diluted);
Q3 EBITDA of $(750,000) vs $671,000 in the comparative quarter last year
Summary of Corporate Developments:
Our 3rd Quarter results saw Revenues decrease over the 2nd Quarter by 21.6. However, by the end of the 3rd Quarter and into Q4, Wealth Management has been showing a promising improvement and continuing to perform with improving fundamentals over our 2nd and 3rd Quarters. Our Capital Markets business began showing signs of improvement in Q3 and into Q4, as we are seeing a renewed buildup of potential deal-flow.
The Company, through its wholly owned subsidiary, Hampton Securities Limited (“HSL”) continues to develop its Wealth Management, Advisory Team and Principal-Agent programs which offers the industry’s most experienced wealth managers a unique and flexible operating platform that provides additional freedom, financial support, and tax effectiveness as they build and manage their professional practice. Our Corporate Finance Group provides early stage, growing companies the capital, they need to create value for investors. Our Treasury Group works to maximize returns from our balance sheet and strengthen our competitive position as one of Canada’s leading independent financial institutions.
Copies of Hampton’s unaudited interim financial statements and its Management’s Discussion & Analysis for the three & nine months ended May 31st, 2023 can be accessed on SEDAR at www.sedar.com.
About Hampton Financial Corporation
Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments. Through HSL, Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by IIROC and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on recognized securities exchanges in Canada and abroad. The company is also exploring opportunities to diversify its sources of revenue by way of strategic investments in both complimentary business and non-core sectors that can leverage the expertise of its Board and the diverse experience of its management team.
For more information, please contact:
Olga Juravlev
Chief Financial Officer
Hampton Financial Corporation
(416) 862-8701
Or
Peter M. Deeb
Executive Chairman & CEO
Hampton Financial Corporation
(416) 862-8651
The TSXV has in no way approved nor disapproved the contents of this press release. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction outside of Canada. The securities being offered have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and may not be offered or sold within the United States or to a U.S. person absent registration or pursuant to an available exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. There will be no public offering of securities in the United States.
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Hampton Financial Corporation Announces 1st Quarter
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"Bragar Eagel"
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2023-08-01 01:21:02+00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Seagate Technology Holdings Plc (NASDAQ: STX), Baxter International, Inc. (NYSE: BAX), and BioXcel Therapeutics, Inc. (NASDAQ: BTAI). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
Seagate Technology Holdings Plc (NASDAQ: STX)
Class Period: September 15, 2020 – October 25, 2022
Lead Plaintiff Deadline: September 8, 2023
Seagate is a leading global supplier of data storage products, including hard disk drives (“HDDs”). By the start of the Class Period, Huawei Technologies Co. Ltd. (“Huawei”), a Chinese multinational technology, had emerged as a significant global purchaser of data storage products, including HDDs, produced by Seagate and other U.S.-based suppliers.
On May 16, 2019, Huawei and certain of its non-U.S. affiliates were added to the U.S. Department of Commerce Bureau of Industry and Security’s (“BIS”) Export Administration Regulations (“EAR”) Entity List (“Entity List”). The EAR Entity List is a list of names of certain foreign persons and entities that are subject to specific license requirements for the export, re-export, and/or transfer (in-country) of specified items. The Entity List designation was based on a determination made by multiple U.S. government agencies “that there is reasonable cause to believe that Huawei has been involved in activities contrary to the national security or foreign policy interests of the United States.”
Then, on August 17, 2020, the BIS imposed export controls over certain foreign-produced items “to better address the continuing threat to U.S. national security and U.S. foreign policy interests posed by Huawei and its non-U.S. affiliates.”
On October 26, 2022, Seagate disclosed that it received a Proposed Charging Letter from the BIS alleging that Seagate violated the EAR by providing Seagate HDDs to “a customer and its affiliates listed on the BIS Entity List between August 2020 and September 2021.”
On this news, the price of Seagate common stock fell nearly 8%, damaging investors. Over the following three trading days, Seagate’s stock price continued to drift lower, falling an additional nearly 7%.
As the Seagate class action lawsuit alleges, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (i) the nature and magnitude of Seagate’s HDD sales to Huawei, including that Seagate experienced a significant acceleration in sales to Huawei immediately after the BIS rules went into effect and Seagate’s competitors stopped selling to Huawei; and (ii) that the underlying details of Seagate’s HDD manufacturing process, including the use of covered U.S. software and technology in “essential ‘production’” processes, rendered its sales to Huawei in violation of the BIS export rules As a result, Seagate was in blatant violation of the BIS export rules which resulted in an ongoing investigation by the U.S. Department of Commerce and exposed Seagate to hundreds of millions of dollars in fines and penalties.
For more information on the Seagate class action go to: https://bespc.com/cases/STX
Baxter International, Inc. (NYSE: BAX)
Class Period: May 25, 2022 – February 8, 2023
Lead Plaintiff Deadline: September 11, 2023
On February 9, 2023, after making numerous statements assuring investors that it could operate successfully despite global challenges to its supply chain, Baxter revealed that it had not achieved control over its supply chain problems and that its earnings guidance had been unreliable for some time.
Following this news, Baxter shares fell $5.23 per share, or 11.5%, from $45.37 to close at $40.14 per share on February 9, 2023.
The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company concealed the true extent of the supply chain problems it was experiencing while simultaneously exaggerating its ability to maintain a healthy supply chain in the face of global pressures; (ii) as a result, the Company’s projected earnings were materially misleading during the Class Period; (iii) the foregoing, once revealed, was reasonably likely to have a material negative impact on the Company’s financial condition; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times. Over the course of the Class Period, Baxter’s stock price declined by nearly 50%, eliminating billions of dollars in market capitalization.
For more information on the Baxter class action go to: https://bespc.com/cases/BAX
BioXcel Therapeutics, Inc. (NASDAQ: BTAI)
Class Period: December 15, 2021 – June 28, 2023
Lead Plaintiff Deadline: September 5, 2023
On December 15, 2021, the Company announced that it had initiated a program to evaluate BXCL501 for the treatment of acute agitation associated with Alzheimer’s disease. The Company announced that the program consisted of two randomized, double-blind, placebo-controlled studies: TRANQUILITY II and TRANQUILITY III. The studies were purportedly designed to evaluate the safety and efficacy of BXCL501 in adults 65 years and older across the range of illness including mild, moderate, and severe dementia in assisted living or residential facilities and nursing homes.
However, on June 29, 2023, before the market opened, BioXcel disclosed that its principal investigator for the Phase 3 TRANQUILITY II clinical trial had failed to “adhere to the informed consent form approved by the Institutional Review Board” for some subjects and failed to maintain adequate case histories for certain patients whose records were reviewed by the Food and Drug Administration (“FDA”). The Company further disclosed that the same principal investigator “may have fabricated” email correspondence purporting to demonstrate that the investigator timely submitted to the Company’s pharmacovigilance safety vendor a report of a serious adverse event (“SAE”) and purporting to show that the vendor had confirmed receipt. BioXcel further disclosed that the fabricated email correspondence was provided to the FDA during an on-site inspection in December 2022. The Company further disclosed that it was in the process of conducting an investigation into protocol adherence and data integrity at the principal investigator’s trial site and was in the process of retaining an independent third party to audit the data collected at the site. The Company also disclosed that the foregoing “may impact the timing of the Company’s development plans for, and prospects for regulatory approval of, BXCL501 for the acute treatment of agitation associated with dementia in patients with probable Alzheimer’s disease.”
On this news, BioXcel’s stock price fell $11.28 per share, or 63.8%, to close at $6.39 per share on June 29, 2023, on unusually heavy trading volume.
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company lacked adequate internal controls over protocol adherence and data integrity; (2) that, as a result, the Company’s principal investigator failed to adhere to the informed consent form approved by the Institutional Review Board; (3) that the Company’s principal investigator failed to maintain adequate case histories for certain patients whose records were reviewed by the FDA; (4) that the Company’s principal investigator fabricated email correspondence with a pharmacovigilance safety vendor that was then provided to the FDA; (5) that the foregoing would negatively impact the Company’s ability to obtain regulatory approval of BXCL501 for the treatment of agitation associated with dementia in patients with probable Alzheimer’s disease; and (6) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
For more information on the BioXcel class action go to: https://bespc.com/cases/BTAI
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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Bragar Eagel & Squire, P.C. Reminds Investors That Class
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https://www.globenewswire.com/news-release/2023/08/01/2715420/0/en/Bragar-Eagel-Squire-P-C-Reminds-Investors-That-Class-Action-Lawsuits-Have-Been-Filed-Against-Seagate-Baxter-and-BioXcel-and-Encourages-Investors-to-Contact-the-Firm.html
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2023-08-01 01:20:24+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of SentinelOne, Inc. (NYSE: S), Tingo Group, Inc. (NASDAQ: TIO), Peloton Interactive, Inc. (NASDAQ: PTON), and DouYu International Holdings Limited (NASDAQ: DOYU). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.
SentinelOne, Inc. (NYSE: S)
Class Period: June 1, 2022 – June 1, 2023
Lead Plaintiff Deadline: August 7, 2023
Throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Company lacked effective internal controls over accounting and financial reporting; (2) that, as a result, the Company's ARR was overstated; (3) that, as a result, the Company's guidance was overstated; and (4) that, as a result of the foregoing, Defendant's positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
For more information on the SentinelOne class action go to: https://bespc.com/cases/S
Tingo Group, Inc. (NASDAQ: TIO)
Class Period: December 1, 2022 – June 6, 2023
Lead Plaintiff Deadline: August 7, 2023
On June 6, 2023, Hindenburg Research ("Hindenburg") published a report titled "Tingo Group: Fake Farmers, Phones, and Financials—The Nigerian Empire That Isn't." Therein, Hindenburg disclosed, among other things, that Tingo "is an exceptionally obvious scam with completely fabricated financials." Hindenburg further stated that Dozy Mmobuosi ("Mmobuosi") appears to have fabricated his biographical claim, including that he developed the first mobile payment app in Nigeria and that he received a PhD in rural advancement from a Malaysian university in 2007.
On this news, the Company's stock price fell $1.23, or 48.2%, to close at $1.32 per share on June 6, 2023, thereby injuring investors.
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Defendant Mmobuosi fabricated biographical claims about himself; (2) that Tingo had photoshopped its logo onto pictures of airplanes it did not own; (3) that Tingo inflated its food division margins; (4) that Tingo published misleading images of its planned Nigerian food processing facility and overstated its progress on the facility's construction; (5) that Tingo inflated its food inventory; (6) that Tingo did not have relationships with the two farming cooperatives it claimed; (7) that Tingo did not generate $128 million in revenue for its handset leasing, call and data segments as it claimed; (8) that Tingo's Mobile operation in Nigeria was delinquent on its tax obligations; (9) that Tingo photoshopped its logo over pictures from a different point of sale system operator's website; (10) that Tingo did not generate $125.3 million in revenue from NWASSA; (11) that Tingo's agricultural export business was not on track to deliver $1.34 billion in exports by Q3 2023; (12) that Tingo lacked effective controls over accounting and financial reporting; and (13) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
For more information on the Tingo class action go to: https://bespc.com/cases/TIO
Peloton Interactive, Inc. (NASDAQ: PTON)
Class Period: May 10, 2022 – May 10, 2023
Lead Plaintiff Deadline: August 8, 2023
Based in New York City, Peloton is a fitness-equipment and media company. During the Class Period, Peloton sold internet-connected stationary bicycles and treadmills that were designed and marketed for use in customers' homes. The bicycles and treadmills include connected touchscreen devices through which customers can access exercise classes and other content. To that end, in addition to the exercise equipment, Peloton sells monthly subscription services that allow customers to access fitness classes using their Peloton equipment, or alternatively to access classes and related content on their own devices, without using Peloton equipment.
For most of 2020 and 2021, as the COVID-19 pandemic and related stay-at-home orders and business closures largely kept individuals out of the gym, the demand for in-home exercise options increased dramatically. Against that backdrop, in the months leading up to the Class Period, Peloton experienced unprecedented demand for its products and services. As Defendant John Foley ("Foley") confirmed in statements to investors on February 11, 2021, "there's been crazy demand for our products because gyms have been closed or you didn't want to go to the gym because you might get COVID there. So, the demand has been through the roof[.]"
The complaint alleges that, throughout the Class Period, Defendants repeatedly and falsely assured investors that Peloton's recent success was not primarily due to COVID-related increased demand, but rather that the Company's growth and financial results were sustainable and would continue post-COVID. For example, on December 9, 2020, the first day of the Class Period, in response to an investor's question about "how a post-COVID world impacts [Peloton's] view of [its] business opportunity," Defendant Foley assured investors that Peloton's results "ha[ve] nothing to do with COVID. That is a human need of I want to get fit, I want fitness in my life in a consistent way; . . . I want it to be convenient, I want it to be fun, I want it to be motivating, and I want it to be a great value. And all of those things are foundational to what Peloton delivers, always delivered it. We delivered it in pre-COVID, during COVID, and we will deliver it post-COVID." Defendants also represented to investors during the Class Period that investments in the Company's supply chain, including increasing the number of bikes and treadmills produced and reducing the average time it takes to deliver products to customers, were sound investments that would enable Peloton to align supply and demand for its products. For example, on February 4, 2021, in a letter to Peloton shareholders, the Company stated that "our supply chain investments over the last several months are helping us better match our supply and demand going forward." Accordingly, Defendants represented that the rising inventory levels reported in the Company's periodic financial reports filed with the SEC during the Class Period reflected outstanding demand, including orders that had not yet been filled, rather than excess supply that outpaced waning demand.
Defendants' Class Period representations that Peloton would continue to succeed and grow post-COVID were false. In truth, Peloton's Class Period financial results were primarily driven by COVID-related increases in demand for at-home exercise options. As gyms have reopened and other outside-the-home exercise options have become more available because of COVID vaccinations being more widespread and other COVID-related restrictions abating, demand for Peloton's equipment and subscription services have declined substantially. Moreover, rather than matching supply and demand, Peloton had a massive growth in inventory that far exceeded customer demand. Further, the Company has admitted that it suffered from a material weakness in its internal control over financial reporting during the Class Period, specifically concerning inventory levels. In light of that material weakness, the Company could not accurately report its inventory levels, and had no sound basis to represent to investors that supply, and demand were aligned.
The truth began to emerge on August 26, 2021, after the market closed, when Peloton disclosed, one day in advance of its announcement of the Company's financial results for its fiscal year 2021, that "in the course of our fiscal 2021 audit process, a material weakness was identified in our internal controls over financial reporting with respect to identification and valuation of inventory." In the Company's Annual Report for its fiscal year 2021, filed with the SEC on Form 10-K on August 27, 2021, it further disclosed that "this material weakness arose because our controls were not effectively designed, documented and maintained to verify that our physical inventory counts were correctly counted and communicated for reporting in our financial statements."
As a result of these disclosures, the price of Peloton common stock declined by $9.75 per share, or 8.5%, from a closing price of $114.09 per share on August 26, 2021 to a closing price of $104.34 per share on August 27, 2021. At the same time, however, Peloton made false, reassuring statements to investors, including issuing guidance of $5.4 billion of total revenue for fiscal year 2022 (beginning September 1, 2021), representing 34% year-over-year growth. Discussing that guidance, Defendant Jill Woodworth claimed that "we are entering fiscal 2022 with a normalized backlog for our Bike portfolio and guidance reflects our expectation of continued strong demand."
Then, on November 4, 2021, after the market closed, Peloton shocked investors when it disclosed that it had revised its full year revenue guidance down to a range of $4.4 to $4.8 billion dollars due to declining demand as its customers were increasingly free to exercise outside the home. And regarding inventory, Peloton disclosed that inventory totaled $1.27 billion, a 35% increase over the prior quarter, 91% of which were "finished products" that the Company still held.
As a result of these disclosures, the price of Peloton common stock declined by $30.42 per share, or over 35%, from a closing price of $86.06 per share on November 4, 2021 to $55.64 per share on November 5, 2021, erasing $8.1 billion in shareholder value.
For more information on the Peloton class action go to: https://bespc.com/cases/PTON
DouYu International Holdings Limited (NASDAQ: DOYU)
Class Period: April 30, 2021 – May 9, 2023
Lead Plaintiff Deadline: August 8, 2023
According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose, among other things, that: (1) The Chinese government, due to concerns about issues such as video game and computer addiction, as well as content challenging its authority, could become increasingly aggressive towards DouYu regardless of how effective or sincere its attempts to comply with Chinese law were; (2) this increasingly aggressive posture subjected DouYu to a heightened risk of an investigation and subsequent government enforcement action and ultimately resulted in enforcement action; and (3) as a result, Defendants statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
For more information on the DouYu class action go to: https://bespc.com/cases/DOYU
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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https://www.globenewswire.com/news-release/2023/08/01/2715412/0/en/Bragar-Eagel-Squire-P-C-Reminds-Investors-That-Class-Action-Lawsuits-Have-Been-Filed-Against-SentinelOne-Tingo-Peloton-and-DouYu-and-Encourages-Investors-to-Contact-the-Firm.html
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2023-08-01 01:20:30+00:00
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2023-08-01 00:00:00
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating...
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NEW YORK, July 31, 2023 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Viasat, Inc. (NASDAQ: VSAT), Shift4 Payments, Inc. (NYSE: FOUR), and Discover Financial Services (NYSE: DFS). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided.
Viasat, Inc. (NASDAQ: VSAT)
Viasat provides broadband and communications products and services worldwide. Viasat’s Satellite Services segment offers satellite-based fixed broadband services.
On May 1, 2023, Viasat announced “the successful launch of ViaSat-3 Americas aboard a SpaceX Falcon Heavy,” which purportedly “open[ed] a new chapter in Viasat’s growth.”
Then, on July 12, 2023, Viasat revealed that an “event occurred during reflector deployment that may materially impact the performance of the ViaSat-3 Americas satellite.” Viasat further disclosed that “[c]ontingency plans are currently being refined” and that “[p]otential options include redeploying satellites from Viasat’s extensive fleet to optimize global coverage, and/or reallocating a subsequent ViaSat-3 class satellite to provide additional Americas bandwidth.”
Following this news, the price of Viasat stock declined by nearly 29%.
For more information on the Viasat investigation go to: https://bespc.com/cases/VSAT
Shift4 Payments, Inc. (NYSE: FOUR)
On April 19, 2023, Blue Orca Capital issued a report on Shift4 Payments, Inc., alleging that the Company “engaged in a string of highly questionable and hyper aggressive accounting maneuvers seemingly designed to keep the stock afloat, from cash flow manipulation to inexplicable distributor acquisitions that enabled it to capitalize a major component of COGS.”
The report also alleges that “Shift4’s CFO abruptly left the Company the day before its Q2 2022 earnings call, amidst a lengthy string of correspondence with the SEC over its accounting. Its auditor warned of a material weakness over internal controls the very next quarter, just as it spent $256.4 million in a string of M&A that enabled it to capitalize a material share of COGS.”
Shares of Shift4 Payments stock dropped more than 12% in intraday trading on April 19, 2023.
For more information on the Shift4 investigation go to: https://bespc.com/cases/FOUR
Discover Financial Services (NYSE: DFS)
On July 20, 2023, pre-market, Discover revealed that it was in discussions with regulators relating to the Company’s misclassification of certain credit card products over an approximately 15-year period. Discover incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007.
On this news, Discover’s stock price fell $19.40 per share, or 15.92% percent, to close at $102.45 per share on July 20, 2023.
For more information on the Discover investigation go to: https://bespc.com/cases/DFS
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com . Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
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Bragar Eagel & Squire, P.C. Is Investigating Viasat,
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https://www.globenewswire.com/news-release/2023/08/01/2715413/0/en/Bragar-Eagel-Squire-P-C-Is-Investigating-Viasat-Shift4-and-Discover-and-Encourages-Investors-to-Contact-the-Firm.html
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"Onmanorama Staff"
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2023-08-01 00:58:11+00:00
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2023-08-01 00:00:00
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ISRO has confirmed that India's ambitious moon mission has entered the translunar orbit..Chandrayaan-3. moon missin. isro. indian space agency. lunar orbit insertion. sriharikota. satish dhawan space centre. moon south pole. moon soft landing. lvm3 m4 rocket. indian space news
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India's ambitious moon mission, Chandrayaan-3, has completed its orbit around the Earth and is headed toward the destination.
India's space agency, Indian Space Research Organisation (ISRO) confirmed the spacecraft's entry 'into the translunar orbit' at midnight.
ISRO said in a tweet that the Lunar Orbit Insertion (LOI), preparing the spacecraft for the moon landing, is planned for August 5.
The soft landing on the moon's surface is expected on August 23 or 24.
Chandrayaan 3 was launched, on-board LVM3-M4 rocket, from Sriharikota on July 14.
Chandrayaan-3 mission takes off from Sriharikota on July 14. Photo: ISRO
Thousands had gathered outside the Satish Dhawan Space Centre to witness the launch.
India is aiming to become the fourth country to achieve a controlled lunar landing, after the United States, the former Soviet Union, and China.
Chandrayaan-3 spacecraft will be the first to land at the lunar south pole, a region of particular interest due to the presence of water ice.
The mission comes after the Chandrayaan-2 mission in 2020, which successfully deployed an orbiter but saw it's lander and rover crash near the planned touchdown site.
Chandrayaan means "moon vehicle" in Sanskrit.
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Next stop: Moon! Chandrayaan-3 completes orbit around Earth
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2023-08-01 00:58:09+00:00
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2023-08-01 01:18:24
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ISRO has confirmed that India's ambitious moon mission has entered the translunar orbit..Chandrayaan-3. moon missin. isro. indian space agency. lunar orbit insertion. sriharikota. satish dhawan space centre. moon south pole. moon soft landing. lvm3 m4 rocket. indian space news
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India's ambitious moon mission, Chandrayaan-3, has completed its orbit around the Earth and is headed toward the destination.
India's space agency, Indian Space Research Organisation (ISRO) confirmed the spacecraft's entry 'into the translunar orbit' at midnight.
ISRO said in a tweet that the Lunar Orbit Insertion (LOI), preparing the spacecraft for the moon landing, is planned for August 5.
The soft landing on the moon's surface is expected on August 23 or 24.
Chandrayaan 3 was launched, on-board LVM3-M4 rocket, from Sriharikota on July 14.
Chandrayaan-3 mission takes off from Sriharikota on July 14. Photo: ISRO
Thousands had gathered outside the Satish Dhawan Space Centre to witness the launch.
India is aiming to become the fourth country to achieve a controlled lunar landing, after the United States, the former Soviet Union, and China.
Chandrayaan-3 spacecraft will be the first to land at the lunar south pole, a region of particular interest due to the presence of water ice.
The mission comes after the Chandrayaan-2 mission in 2020, which successfully deployed an orbiter but saw it's lander and rover crash near the planned touchdown site.
Chandrayaan means "moon vehicle" in Sanskrit.
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Next stop: Moon! Chandrayaan-3 completes orbit around Earth
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2023-08-01 01:27:20+00:00
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2023-07-31 21:02:26
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The former president far out-raised his opponents. But he’s burning cash too.
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The Save America leadership PAC, which also filed its own biannual report on Monday, reported spending more than $24.4 million in the first six months of the year, excluding transfers to related committees.
By far the biggest expense from Save America was legal consulting, which accounted for more than $21 million.
The leadership PAC reported paying nearly 50 distinct entities for legal work or legal consulting, with nine different firms paid at least seven figures. The group also reimbursed Red Curve Solutions — the firm of Bradley T. Crate, his longtime campaign treasurer — roughly $1.5 million for legal fees and expenses, which suggests that investigators have focused on Trump’s campaign books.
The state of Trump’s finances was obscured, in part, by the way his committees move money around among each other. Roughly 60 percent of the money the joint fundraising committee raised, for example, was transferred to its affiliates: $29.3 million to Trump’s campaign and $2.2 million to Save America. The Save America leadership PAC, additionally, benefited from a refund of more than $12 million from MAGA Inc., a super PAC to which it had transferred significant funds last year and earlier this year.
There were plenty of silver linings for Trump. Of the hefty sum raised by Trump’s joint fundraising committee between Jan. 1 and June 30, $23.7 came from donors giving less than $200, a far greater total than any of the former president’s opponents, Republican or Democrat. His three main committees, meanwhile, still have significant cash (just south of $32 million) on hand owing to prodigious fundraising conducted before the calendar year,
The former president has long been a strong fundraiser among small-dollar donors, but many candidates and committees across the political spectrum have seen a drop in small-dollar donations so far this year.
Trump’s campaign had hinted at strong fundraising driven in part by small-dollar backlash to his legal woes. He heavily fundraised off his late March indictment on business charges related to a payout to a former adult film star, and again in June when he was indicted on charges related to retention of classified documents at his Mar-a-Lago property.
High fundraising expenses have been a problem for Trump before. In the first six weeks after his campaign launch last November, his joint fundraising committee spent more on list rentals, text messaging and digital advertising than it took in from donors.
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Trump super PAC filing shows he's spent millions more than he’s raised in 2023
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2023-08-01 01:07:15+00:00
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2023-07-31 19:44:30
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“I think it plays into a larger problem that we have seen in the military,” the Florida governor and GOP presidential hopeful told Fox News.
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Tuberville’s hold is set to leave the Army and Navy without Senate-confirmed nominees to replace retiring leaders by mid-August. The monthslong logjam has already left the Marine Corps with a temporary commandant — the first time in 100 years the branch has not had a Senate-confirmed leader — and has kept more than 270 military promotions in limbo.
DeSantis, who during the interview on Monday noted that his own experience in the military differentiated him from the crowded GOP field, said it was the Pentagon that picked the fight with Tuberville “by violating the law.”
“So I think that standing up for that is the right thing to do,” DeSantis said.
Both the Senate GOP and Alabama Republicans are split over Tuberville’s blockade, while President Joe Biden has warned that the hold will lead to “a growing cascade of damage and disruption.”
On Monday afternoon, the White House announced that the permanent headquarters of the U.S. Space Command would be in Colorado , instead of Tuberville’s home state of Alabama.
The move prompted outrage from lawmakers in Alabama, including Tuberville, who called the decision “shameful” in a statement on Monday evening.
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2023-08-01 01:21:38+00:00
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2023-08-01 00:40:05
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The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week.
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SAN FRANCISCO (AP) — A brightly flashing “X” sign has been removed from the San Francisco headquarters of the company formerly known as Twitter just days after it was installed.
The San Francisco Department of Building Inspection said Monday it received 24 complaints about the unpermitted structure over the weekend. Complaints included concerns about its structural safety and illumination.
The Elon Musk-owned company, which has been rebranded as X, had removed the Twitter sign and iconic blue bird logo from the building last week. That work was temporarily paused because the company did not have the necessary permits. For a time, the “er” at the end of “Twitter” remained up due to the abrupt halt of the sign takedown.
The city of San Francisco had opened a complaint and launched an investigation into the giant “X” sign, which was installed Friday on top of the downtown building as Musk continues his rebrand of the social media platform.
The chaotic rebrand of Twitter’s building signage is similar to the haphazard way in which the Twitter platform is being turned into X. While the X logo has replaced Twitter on many parts of the site and app, remnants of Twitter remain.
Representatives for X did not immediately respond to a message for comment Monday.
Copyright 2023 The Associated Press. All rights reserved.
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2023-08-01 01:21:51+00:00
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https%3A%2F%2Fwww.kktv.com%2Fprnewswire%2F2023%2F08%2F01%2Fmakers-wholly-avocado-are-giving-10-fans-chance-win-one-years-supply-products-more-national-avocado-day%2F.json
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The Makers of WHOLLY® AVOCADO are Giving 10 Fans a Chance to Win One Year's Supply of products - and more - for National Avocado Day
The Makers of WHOLLY® AVOCADO are Giving 10 Fans a Chance to Win One Year's Supply of products - and more - for National Avocado Day
America's No.1 refrigerated guacamole and avocado brand also taps beloved Olympian, Shawn Johnson East, to spotlight versatility and convenience of WHOLLY® AVOCADO products
ORANGE, Calif., July 31, 2023 /PRNewswire/ -- In honor of National Avocado Day, the makers of WHOLLY® AVOCADO are celebrating by giving 10 lucky fans a year's supply of WHOLLY® AVOCADO products — made with real ingredients and hand-scooped Hass avocados — and a $350 gift card.
(PRNewswire)
"National Avocado Day is one of our fans' favorite times of the year, and we wanted to make it extra fun for people everywhere with this incredible giveaway that will have them celebrating all year long," said Chris Monahan, brand manager of WHOLLY® products. "Our refrigerated avocado products are always ripe and always ready, and they make everyday snacking simpler and more convenient for our valued fans."
To amp up the fun, the makers of WHOLLY® AVOCADO are partnering with Olympic gold medalist and mother of two Shawn Johnson East to spotlight the versatility and convenience of WHOLLY® AVOCADO products. Johnson East will be helping current and new brand aficionados get involved in the sweepstakes via content on her Instagram page.
Fans may register for one of 10 chances to win a year's supply of free WHOLLY® products and a $350 gift card by following the brand on Instagram (@eatWHOLLY), liking Shawn Johnson East's WHOLLY® AVOCADO reel, and tagging @eatwholly and @shawnjohnson in your own "not my hands" challenge attempts using WHOLLY® AVOCADO products. Contest rules and information here.
Finally, fans can indulge in a number of easy and tasty recipes while they're celebrating National Avocado Day. For example:
Avocado Sushi Roll : The perfect recipe for an at-home sushi night. This recipe is super easy, kid-friendly and a total crowd-pleaser.
Burrata Avocado Pizza : Who doesn't love an easy pizza recipe? This vegetarian pizza has avocado, burrata and tomatoes. Vegetarian lunch or dinner in just 20 minutes.
Avocado-Chickpea Mediterranean Salad : Fast, delicious and filled with robust flavor, this chickpea salad will have you buying the same ingredients every week.
Chicken-Avocado Rollups : These easy chicken-avocado rollups are fantastic for lunch, a midday snack or an appetizer for groups. With creamy avocado and a little bit of Greek yogurt and lime juice, they have the perfect balance of satisfying ingredients and zesty flavor.
Avocado Pudding : With less than five ingredients and in just five minutes, you can whip up this thick and creamy avocado pudding, a fun and delicious dessert you can even serve as an after-school snack.
Too busy to prep a dish? The WHOLLY® brand line features ready-to-serve avocado in three varieties: diced, smashed and chunky. All products are gluten-free, non-GMO, kosher, keto-friendly and contain no added preservatives. Available in 4-ounce trays, as well as convenient 2-ounce single-serve minis, WHOLLY® AVOCADO can be used as a salad topper, in poke bowls, on avocado toast, as a sandwich spread or as a dip.
WHOLLY® products are available at retailers throughout the United States. For more information, visit www.eatwholly.com.
ABOUT THE WHOLLY® BRAND
The WHOLLY® brand, leader in ready-to-eat avocado innovation, is best known for WHOLLY® GUACAMOLE, America's No. 1 refrigerated guacamole, and WHOLLY® AVOCADO. Known for food safety and quality, all WHOLLY® products are made with hand-scooped Hass avocados and are gluten free with no preservatives added. High-pressure technology (HPT) is used to help extend the shelf life of the products and maintain the avocado's delicious flavors and nutrients, while eliminating potentially harmful bacteria. The WHOLLY® brand is part of MegaMex Foods, one of the fastest growing Mexican food companies in the U.S. focused on re-imagining Mexican flavor. For more information and recipe ideas, visit www.eatwholly.com, and follow the brand on Facebook, Instagram and Pinterest.
ABOUT MEGAMEX FOODS, LLC.
MegaMex Foods, one of the fastest growing Mexican food companies in the U.S., is focused on re-imagining Mexican flavor in restaurants and home kitchens across the country. MegaMex Foods is proudly committed to authentic ingredients and providing a real solution for achieving true Mexican flavors with trusted products, including WHOLLY®, LA VICTORIA®, HERDEZ®, EMBASA® , DOÑA MARÍA®, BÚFALO® and DON MIGUEL® brands. Founded by Herdez del Fuerte and Hormel Foods (NYSE: HRL), MegaMex Foods is headquartered in Orange, California, with facilities in Texas and Mexico. MegaMex Foods has two operating plants, numerous manufacturing partners and over 4,000 employees. For more information, visit www.megamexfoods.com and www.mmxfoodservice.com.
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SOURCE The WHOLLY Brand
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The Makers of WHOLLY® AVOCADO are Giving 10 Fans a Chance to Win One Year's Supply of products - and more - for National Avocado Day
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2023-08-01 01:21:57+00:00
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2023-07-31 23:35:00
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MEXICO CITY, July 31, 2023 /PRNewswire/ -- FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today announced that after having served as a member of the Technical Committee for the past years, Gimena Peña Malcampo, will step down as an independent member.
"We appreciate the time and effort that Gimena put on our Technical Committee meetings. Her perspective, in particular on the ESG initiatives, was highly valued," said Luis Gutiérrez, CEO, Prologis Property Mexico.
"Serving on the FIBRA Prologis Technical Committee has been a rewarding experience. I have always admired the company's commitment to innovation and sustainability, and I'm particularly proud of the progress that has been made toward advancing our sustainability-centered goals. It has been my privileged to serve as a board member of this impactful organization," said Mrs. Peña Malcampo.
FIBRA Prologis Manager will announce a replacement to Gimena Peña Malcampo as an independent member of the Technical Committee.
ABOUT FIBRA PROLOGIS
FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of June 30, 2023, FIBRA Prologis was comprised of 228 logistics and manufacturing facilities in six industrial markets in Mexico totaling 44.2 million square feet (4.1 million square meters) of gross leasable area.
FORWARD-LOOKING STATEMENTS
The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust ("FIBRA") status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the "Comisión Nacional Bancaria y de Valores" and the Mexican Stock Exchange by FIBRA Prologis under the heading "Risk Factors." FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.
Non-Solicitation - Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.
(PRNewsfoto/FIBRA Prologis) (PRNewswire)
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FIBRA Prologis Announces Change to its Technical Committee
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2023-08-01 01:21:32+00:00
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2023-08-01 01:09:55
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Barbora Zdanska, 14, was last seen in the area of the 100th block of Boynton Boulevard in Daytona Beach.
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DAYTONA BEACH, FL. (Gray News) - An Amber Alert has been issued for a 14-year-old who was last seen in Daytona Beach, Florida.
According to the alert, Barbora Zdanska, 14, was last seen in the area of the 100th block of Boynton Boulevard in Daytona Beach.
Zdanska is 5′5, weighs about 136 pounds, and has blonde hair and blue eyes.
She was last seen wearing a black Adidas sweatshirt with white stripes on the sleeves and black jean shorts.
According to the alert, Zdanska may be traveling in a 2014, blue Dodge Caravan with a Florida tag number CZ8613. The vehicle has a butterfly sticker in the top right rear window and a University of Florida “F” sticker in the top left rear window.
Zdanska may also be traveling with a companion who is unknown at this time.
Anyone who may have seen Zdanska should call 9-1-1.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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Amber Alert issued for 14-year-old last seen in Daytona Beach, Florida
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2023-08-01 01:22:04+00:00
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2023-07-31 23:38:00
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https%3A%2F%2Fwww.kktv.com%2Fprnewswire%2F2023%2F07%2F31%2Fstellus-capital-investment-corporation-schedules-second-quarter-2023-financial-results-conference-call%2F.json
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HOUSTON, July 31, 2023 /PRNewswire/ -- Stellus Capital Investment Corporation (NYSE: SCM) will release its financial results for the second quarter ended June 30, 2023 on Wednesday, August 9, 2023, after the close of the stock market.
(PRNewsFoto/Stellus Capital Investment Corp) (PRNewswire)
Stellus Capital Investment Corporation will host a conference call to discuss these results on Thursday, August 10, 2023 at 10:00 AM, Central Time. The conference call will be led by Robert T. Ladd, Chief Executive Officer, and W. Todd Huskinson, Chief Financial Officer, Chief Compliance Officer, Treasurer, and Secretary.
Conference Call Details
Via Phone: Dial 888-506-0062 (domestic). Use passcode 810825. Starting approximately two hours after the conclusion of the call, a replay will be available through Thursday, August 24, 2023 by dialing 877-481-4010 and entering passcode 48865.
Via Live Webcast: Connect via the Public Company (SCIC) section of our website at www.stelluscapital.com, under the Events tab. A replay of the conference will be available on our website for approximately 90 days.
About Stellus Capital Investment Corporation
The Company is an externally-managed, closed-end, non-diversified investment management company that has elected to be regulated as a business development company under the Investment Company Act of 1940. The Company's investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation by investing primarily in private middle-market companies (typically those with $5.0 million to $50.0 million of EBITDA (earnings before interest, taxes, depreciation and amortization)) through first lien, second lien, unitranche and mezzanine debt financing, and corresponding equity investments. The Company's investment activities are managed by its investment adviser, Stellus Capital Management, LLC. To learn more about Stellus Capital Investment Corporation, visit www.stelluscapital.com under the Stellus Capital Investment Corporation link.
FORWARD-LOOKING STATEMENTS
Statements included herein may contain "forward-looking statements" which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts
Stellus Capital Investment Corporation
W. Todd Huskinson, (713) 292-5414
Chief Financial Officer
thuskinson@stelluscapital.com
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Stellus Capital Investment Corporation Schedules Second Quarter 2023 Financial Results Conference Call
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2023-08-01 01:21:44+00:00
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https%3A%2F%2Fwww.kktv.com%2Fprnewswire%2F2023%2F08%2F01%2Feverest-medicines-announces-completion-patient-enrollment-nefecon-china-open-label-extension-study%2F.json
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SHANGHAI, July 31, 2023 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the development, manufacturing and commercialization of innovative medicines and vaccines, announced today the completion of patient enrollment for the China open-label extension (cOLE) of the Phase 3 NefIgArd study. The cOLE study offers an additional 9 months of treatment with Nefecon® to all qualifying patients who have completed the NefIgArd study and will evaluate the efficacy and safety of extended and repeated Nefecon® treatment in patients with IgA Nephropathy (IgAN).
The Phase 3 NefIgArd clinical trial is a randomized, double-blind, multicenter study which assessed the efficacy and safety of Nefecon® versus placebo on a background of optimized RAS inhibitor therapy. The study met its primary endpoint, with Nefecon® demonstrating a highly statistically significant benefit over placebo (p value < 0.0001) in estimated glomerular filtration rate (eGFR) over the two-year period of 9-months of treatment with Nefecon® or placebo and 15-months of off drug follow-up. Patients in the cOLE study will continue on RAS inhibitor therapy (ACEs and/or ARBs) and be treated for 9 months with Nefecon® at 16mg/day. At the end of the treatment period, change in eGFR and urine protein to creatinine ratio (UPCR) will be evaluated.
"The results of the cOLE study will offer insight into the value of extended and repeated use of Nefecon® and provide very important guidance for doctors in clinical practice," said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines.
The China National Medical Products Administration (NMPA) accepted Everest's New Drug Application (NDA) for Nefecon® for the treatment of IgAN in November 2022. The NMPA has also granted Nefecon® break-through therapy designation and NDA priority review. Nefecon® was the first non-oncology drug to receive break-through therapy designation in China.
About Nefecon®
Nefecon® is a patented oral, delayed release formulation of budesonide, a corticosteroid with potent glucocorticoid activity and weak mineralocorticoid activity that undergoes substantial first pass metabolism. The formulation is designed as a delayed release capsule that is enteric coated so that it remains intact until it releases budesonide to the distal ileum. Each capsule contains coated beads of budesonide that target mucosal B-cells present in the ileum where the disease originates, as per the predominant pathogenesis models.
In June 2019, Everest Medicines entered into an exclusive, royalty-bearing license agreement with Calliditas, which gives Everest Medicines exclusive rights to develop and commercialize Nefecon® in Mainland China, Hong Kong, Macau, Taiwan and Singapore. The agreement was extended in March 2022 to include South Korea as part of Everest Medicine's territories.
Nefecon® was approved in the United States under accelerated approval based on a reduction in proteinuria. Recently announced topline results from the global, randomized, double-blind, placebo-controlled Phase 3 clinical trial NefIgArd demonstrated a statistically significant benefit for Nefecon® over placebo in estimated glomerular filtration rate (eGFR), a measure of renal function.
About Everest Medicines
Everest Medicines is a biopharmaceutical company focused on developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules, many of which are in late-stage clinical development. The Company's therapeutic areas of interest include renal diseases, infectious diseases, mRNA platform and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.
Forward-Looking Statements:
This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law.
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Everest Medicines Announces Completion of Patient Enrollment in Nefecon® China Open Label Extension Study
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2023-08-01 00:42:14+00:00
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New changes to Colorado’s Move Over law are coming starting in August.
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DENVER (KKTV) - New changes to Colorado’s Move Over law will go into effect in August.
Starting August 7, drivers will be required to move over, or slow down if they can’t change lanes, for any vehicle pulled on side of the road with its hazard lights on. Previously, this was only necessary when emergency responders or law enforcement were on the roadside. The change was signed into law by Governor Polis back in March.
With the change, officials say Colorado joins 19 other states in providing protections for all disabled vehicles. If a driver in Colorado doesn’t pull over or slow down for a disabled vehicle, that person faces a possible $150 fine and three points on their licence.
Representatives with the Colorado Department of Transportation (CDOT), National Highway Traffic Safety Administration (NHTSA), Colorado State Patrol and AAA were present at a news conference Monday to announce and discuss the change. Those present said the law was crucial to improving safety for everyone, but it will have a large impact on the safety of those who work on the roadside regularly but were not protected before.
“Whether they’re law enforcement, fire, maintenance, construction, tow operators, they’re all putting their lives at risk every single time they step on the roadside,” NHTSA Regional Administrator Gina Espinosa-Salcedo said.
“People dealing with an issue on the side of the road are in a dangerous position, especially our first responders and others who regularly are near live traffic,” CDOT Executive Director Shoshana Lew said. “It is up to all of us, in every situation, to make the road as safe as possible when we see a vehicle pulled over on a shoulder. Move over and slow down for everyone, every time.”
Copyright 2023 KKTV. All rights reserved.
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2023-08-01 00:53:53+00:00
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2023-08-01 02:00:00
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The king stay the king.
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So often, we hear the tales of this being the season that Bayern Munich’s vulnerabilities will be exposed and the Rekordmeister’s streak of sitting atop the Bundesliga will be halted.
Every preseason, that same story emerges.
For Mainz 05 boss Bo Svensson, he actually thinks the opposite. Svensson thinks that amid all of the turmoil in Munich during the last campaign, 2022/23 was the season to take down the Bavarians and that this season might not be so kind to other contenders in the Bundesliga.
“Bayern will do it again (winning the title) - they won it last season, although they didn’t convince. They know they have to do much better. Therefore, I think we will experience a dominant season from FC Bayern,” Svensson said (as captured by @iMiaSanMia).
One thing that Svensson expects to make it even harder on the rest of the Bundesliga this season is the expected arrival of Tottenham Hotspur star Harry Kane at Säbener Straße. Despite how difficult the move would make it for any club to take down Bayern Munich, Svensson thinks it would be great for the Bundesliga to get a player of that caliber in-house.
“Such a player would be a huge enrichment for the league. Top scorer several times in the Premier League, captain of the English national team. Of course it would be exciting if he were to play here in the Bundesliga,” Svensson stated.
Looking for more chatter on what lies ahead for Bayern Munich and how the team can function under Thomas Tuchel? Check out our latest Bavarian Podcast Works — Flagship Show on Spotify or below:
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Mainz 05 boss expecting big things from Bayern Munich - with or without Harry Kane
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2023-08-01 01:06:31+00:00
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Authorities said the man was driving recklessly in a truck that turned out to be stolen, and found meth and a gun in the vehicle.
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Authorities said the man was driving recklessly in a truck that turned out to be stolen, and found meth and a gun in the vehicle.
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SAN ANTONIO — An investigation is now underway after a man led deputies on a chase Monday afternoon on the south side, the Bexar County Sheriff's Office said.
It started off Southwest Military and South Flores, and ended when the man crashed outside an apartment complex off the 10000 block of Highway 16 near Loop 410. Deputies tell us the man was driving erratically and almost crashed into a few cars, but thankfully only hit a tree before coming to a stop at the gate of an apartment complex. The man fled on foot, but was taken into custody shortly after.
BCSO says it all started around 3:30 p.m. when deputies spotted the man driving recklessly at the Tru Fit off of Southwest Military. That's when deputies started following the truck, also pulling an empty trailer. When deputies tried to pull that driver over, he took off and deputies began chasing him.
The truck finally blew out a tire after crashing into a tree, and came to a stop in front of the Palo Alto Apartments. BCSO says the man then ran off into the complex, but deputies caught up with him shortly after and took him into custody.
When investigators searched the truck, they allegedly found an estimated four ounces of meth and a gun.
BCSO told us the truck's vin number had been tampered with and the tracking system had been disabled. They later said that the truck and trailer have been reported as stolen.
They also told us that the suspect, who they have yet to name, has violated his parole.
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Man arrested after fleeing deputies and crashing on south side, BCSO says
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The story below contains details that may be considered graphic in nature.
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The story below contains details that may be considered graphic in nature.
PLACER COUNTY, Calif. — A California man has been sentenced to prison for horrific crimes against a toddler.
On July 27, Jeremy Wilson, 30, was sentenced to life without the possibility of parole for the torture and aggravated sexual assault of a 2-year-old. boy.
According to the Placer County Sheriff's Office, in February 2020, deputies responded to a call regarding the attack on a 2-year-old in the Foresthill area. Officials say the child had been was tortured, beaten, drugged and sexually assaulted with an unknown object in his home. The boy was found by his mother who rushed him to the hospital. The boy also had more than 12 fresh bite marks, extreme bruising and swelling all over his mouth and face. He also had bruising and lacerations to his private areas.
Officials say they determined the suspect was Wilson, the live-in boyfriend of the child's mother and arrested him for the heinous crimes.
“This crime was particularly heinous. The defendant took out his frustrations with the child’s mother on her toddler in the middle of the night," Supervising Deputy District Attorney Kalin Everett said. "The victim had bruising, including bite marks, from the top of his head to the tops of his feet, and on every body part in between. This assault was intended to be cruel and to cause the child pain. The attack was an exceptionally depraved crime, one of the worst crimes this county has ever seen. It is irredeemable by society's standards, as well as by the rule of law. Wilson is now where he belongs, in prison for the rest of his life where he can never hurt another child ever again.”
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Man sentenced to life in prison for heinous torture, drugging and sexual assault of girlfriend's 2-year-old son
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https://www.kens5.com/article/news/local/man-sentenced-to-life-for-heinous-torture-drugging-and-sexual-assault-of-girlfriends-2-year-old-son/501-85370209-5b80-4b5f-8164-a9d88a8f61a9
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[
"Jesse Rogers",
"Jeff Passan",
"Tristan H. Cockcroft",
"Espn Staff Writer",
"David Schoenfield",
"Bradford Doolittle"
] |
2023-08-01 00:55:55+00:00
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2023-07-31 23:16:00
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The Chicago Cubs acquired veteran third baseman Jeimer Candelario, 29, has 16 home runs and an .823 OPS this season, from the Washington Nationals in exchange for two prospects Monday night.
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Tim Kurkjian reacts to the Cubs acquiring Jeimer Candelario and speculates what else the team has in store before the trade deadline. (1:01)
CHICAGO -- The Cubs announced Monday they reacquired Washington Nationals third baseman Jeimer Candelario, nearly six years to the day they traded him to the Detroit Tigers.
In return, the Cubs are sending prospects Kevin Made and DJ Herz back to the Nationals.
Candelario, 29, has 16 home runs and an .823 OPS for Washington this season. The home runs are just three shy of his career high set in 2018. For the year, he's hitting .258 with a .342 on-base percentage, appearing in 96 games at third base and two more as the Nationals designated hitter.
The switch-hitting, eight-year veteran could fill both roles for the Cubs as they've mixed and matched at third and designated hitter all season. Patrick Wisdom had a hot start to the spring but cooled off and is hitting only .195 while Nick Madrigal is a converted second baseman, though he's played well in short stints at third this season.
Cubs designated hitters have compiled a .229 batting average and .698 OPS this season.
The Nationals get back Single-A shortstop Made and Double-A pitcher Herz, both of whom were top-20 prospects in the Cubs system.
Chicago changed course over the last week, becoming a team that would add talent after winning eight straight games and pushing over the .500 mark for the first time since early May. Instead of subtracting pending free agents, they're adding them, including Candelario. The team is also searching for bullpen arms before Tuesday's trading deadline.
Candelario returns to the Cubs organization after he was signed by Chicago as a non-drafted free agent in October 2010, making his major league debut in five games with Chicago in 2016. He was traded to Detroit with infielder Isaac Paredes in a deal for catcher Alex Avila and pitcher Justin Wilson at the 2017 trade deadline.
Later Monday, the Kansas City Royals traded right-handed pitcher Jose Cuas to the Cubs in exchange for outfielder Nelson Velazquez.
Cuas, 29, was 1-3 this season for Kansas City, with four holds and two blown saves. He made 45 appearances, and all but one came out of the bullpen.
Velazquez, 24, who was on Chicago's 40-man roster, was optioned to Triple-A Omaha. He hit .241 with three home runs and six RBIs this season for the Cubs.
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Chicago Cubs land Jeimer Candelario from Washington Nationals
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https://www.espn.com/mlb/story/_/id/38110265/chicago-cubs-land-jeimer-candelario-washington-nationals
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[
"D'Arcy Maine",
"Brianna Williams",
"Associated Press"
] |
2023-08-01 01:26:29+00:00
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2023-08-01 01:15:08
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Spectators at the DC Open were told before Ukraine's Elina Svitolina faced Belarus' Victoria Azarenka that the players would not shake hands following their first-round match Monday night.
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WASHINGTON -- Spectators at the DC Open were told before Ukraine's Elina Svitolina faced Belarus' Victoria Azarenka that the players would not shake hands following their first-round match Monday night.
During the war in Ukraine, Svitolina -- like several other players from her country -- has declined to participate in the usual meeting at the net with opponents from Russia or Belarus. Russia invaded Ukraine with the help of Belarus in February 2022, and fighting continues.
At other recent tournaments, some fans -- seemingly unaware of the background -- booed Ukrainian players for not participating in the customary handshake. After losing to Svitolina at Wimbledon, Azarenka was jeered loudly for not going up to the net herself, even though she did so because she knew Svitolina would not want to shake hands.
Svitolina said at the time that she thought it would make sense for tournaments to start informing fans about the situation; the All England Club said it would not do that.
But Svitolina said she was assured by WTA chairman and CEO Steve Simon that there would be a message delivered to the crowd in Washington before her match against Azarenka -- and there was.
The scoreboards read: "At the conclusion of the match, there will be no handshake between the players. We appreciate your respect for both athletes during and following the match, and for your understanding during these difficult circumstances."
The message was shown after the first set, too.
The WTA has not yet decided whether to tell all tournaments to post a similar message before any match involving a player from Ukraine against one from Russia or Belarus.
In earlier action on Day 1 at the first combined ATP-WTA 500 event, defending champion Liudmila Samsonova stretched her winning streak in Washington to six matches by beating 2022 Australian Open finalist Danielle Collins 6-1, 6-3.
The eighth-seeded Samsonova saved both break points she faced while winning four of Collins' service games. Collins hurt herself by double-faulting eight times.
Samsonova is a 24-year-old from Russia who is currently ranked 18th. Her trophy on the hard courts of the US Open tune-up tournament a year ago was one of four singles titles she's won.
In other women's matches, Lauren Davis eliminated 2017 US Open champion Sloane Stephens 7-6 (8), 3-6, 6-1, sixth-seeded Belinda Bencic advanced when Anastasia Potapova retired in the first set with an injured left ankle, and Marta Kostyuk beat 2019 US Open champion Bianca Andreescu 2-6, 6-3, 7-6 (5).
In men's action, Mackenzie McDonald eliminated Diego Schwartzman 6-3, 6-3, Aslan Karatsev beat Kiranpal Pannu 7-6 (3), 6-1, Alexander Shevchenko defeated Maxime Cressy 6-3, 7-6 (8), Michael Mmoh beat Bradley Klahn 6-3, 6-3, and Yosuke Watanuki moved into the second round when Wu Yibing stopped playing because of illness.
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DC Open fans warned Svitolina, Azarenka won't shake hands
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https://www.espn.com/tennis/story/_/id/38110759/dc-open-fans-warned-svitolina-azarenka-shake-hands
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[
"Jeff Passan",
"Tristan H. Cockcroft"
] |
2023-08-01 00:56:01+00:00
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2023-07-31 23:23:00
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The San Francisco Giants acquired outfielder AJ Pollock and utilityman Mark Mathias from the Seattle Mariners on Monday for a player to be named later.
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The San Francisco Giants acquired outfielder AJ Pollock and utilityman Mark Mathias from the Seattle Mariners on Monday for a player to be named later, both teams announced.
Pollock is on the injured list with a hamstring strain and prior to that had struggled after signing a one-year, $7 million free agent contract with Seattle in the offseason. The 35-year-old, who joins his third National League West team after spending the first 10 years of his career in Arizona and Los Angeles, is hitting .173/.225/.323 with five home runs in 138 plate appearances and lost his starting job in mid-May.
Known for punishing left-handed pitchers, Pollock has struggled against lefties this season, with an OPS of .378 against them and .762 against right-handers.
Mathias, 28, joins his fourth organization this season. Texas traded him in spring training to Pittsburgh, which designated him for assignment and lost him to Seattle on a waiver claim in early July. In 47 games at Triple-A between Pittsburgh and Seattle, Mathias was hitting .299/.405/.427 with four home runs and 20 RBIs.
The Giants have been hunting for infield and outfield help on the trade market, though the imminent return of second baseman Thairo Estrada should strengthen them as they are in possession of the NL's top wild-card spot.
They did, however, lose outfielder Mike Yastrzemski to the injured list Monday after he aggravated a left hamstring issue that had prompted two earlier IL stints this season.
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Seattle Mariners deal AJ Pollock, Mark Mathias to Giants
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https://www.espn.com/mlb/story/_/id/38110329/seattle-mariners-deal-aj-pollock-mark-mathias-giants
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[
"Leonard Solms"
] |
2023-08-01 01:00:22+00:00
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2023-07-31 23:35:00
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The New York Knicks guard celebrated his wedding to high school sweetheart Ali Marks over the weekend, and teammates from the Knicks and his 2017-18 Villanova Wildcats squad were in attendance.
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Jalen Brunson's wedding was a Villanova Wildcats reunion, of sorts.
Over the weekend, the New York Knicks guard celebrated his wedding to high school sweetheart Ali Marks at the Ritz-Carlton in Chicago. Several of his Knicks teammates were in attendance, including Julius Randle, RJ Barrett, Josh Hart and Donte DiVincenzo.
But some members of the 2017-8 Wildcats squad, who went 36-4 and won the NCAA tournament, also showed up to witness the happy couple's nuptials. Alongside Hart and DiVincenzo, members of the title squad in attendance included current Brooklyn Nets guard Mikal Bridges, Ryan Arcidiacono, Eric Paschall, Phil Booth and coach Jay Wright.
Brunson, Bridges and Hart will reunite again in a few short weeks, as they're on Team USA's roster for the 2023 FIBA World Cup in August and September.
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Jalen Brunson's wedding was a Villanova title squad reunion
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https://www.espn.com/nba/story/_/id/38110346/jalen-brunson-ali-marks-wedding-villanova-wildcats-jay-wright
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[
"Cesar Hernandez",
"Josh Weinfuss",
"Sid Lowe",
"Gabriel Tan",
"Sam Marsden",
"Tim Vickery",
"Moises Llorens"
] |
2023-08-01 01:22:07+00:00
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2023-07-31 23:59:00
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Mexican soccer unveiled a wide-reaching strategy involving U.S-based facilities, getting more players to European clubs and other reforms -- is it anything different?
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Herculez Gomez & Sebastian Salazar debate if they think Jaime Lozano is the right man to be Mexico's full time coach. (1:34)
Change, or at least the hopes to enact it, has been a recent theme in the Mexican soccer world.
As the 2026 World Cup (co-hosted by Canada, Mexico and the United States) approaches, both Liga MX and the overarching Mexican Football Federation (FMF) have tinkered their internal structures to combat stagnation over the past few years.
That's perhaps best personified by FMF commissioner Juan Carlos Rodriguez and his decision to fire Diego Cocca as men's national team manager following a disastrous 3-0 loss to the United States in the Concacaf Nations League semifinals. Rodriguez replaced Cocca interim manager Jaime "Jimmy" Lozano, who had just days to prepare for the summer's Gold Cup tournament.
The risk paid off. Mexico thrived in the competition and lifted the Gold Cup trophy earlier this month, and with some respect reclaimed in the region, Rodriguez now wants to make more significant and far-impacting changes.
Last week, Rodriguez detailed a wide-reaching strategy on what he wants Mexican soccer to accomplish in the future -- touching on everything from getting Mexico players at European clubs and scheduling more competitive matches.
- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.)
Expert advisors and training centers in the U.S.
Rodriguez highlighted four areas where they want to improve support: sports science, logistics and operations, Liga MX collaboration, and a group of expert advisors.
Specifically, with the group of expert advisors, Rodriguez wants to bring in coaches with national team experience (who have no conflict of interest with advising Mexico), former Mexican national team players, experts in sports science and "international figures" who have had success in the game.
Usually insulated from the outside voices, the move is an atypical one in Mexican soccer.
"One by one, they're going to help us in the entire process, from the selection of sporting directors, the selection of coaches and accompanying the process to be able to judge and be able to measure the success of things," said Rodriguez, who used next year's Copa America as an example of when these advisors could help analyze performances and progress.
Mexican soccer regained some momentum after the men's team won the Gold Cup earlier this summer. Omar Vega/Getty Images
Rodriguez stressed that these names won't be making any FMF decisions but will be involved in only consultation.
Looking over at logistics and operations, one interesting note was the plan to locate two locations in the U.S. that would be a part of Mexico's training facility network.
"One on the East Coast of the United States, and another on the West Coast of the United States, that allows us to provide better fields for the players, better gyms, better spots where they can relax and have better nutrition," Rodriguez said.
Why the U.S.? The national team simply plays more games north of the border. Due to contractual deals with Soccer United Marketing (SUM), Mexico plays numerous times in the U.S. and will continue to do so in the future.
The idea of having dedicated sites in the U.S. could make it easy to help scout and identify dual-nationals in the U.S., who wouldn't have to travel to Mexico to train.
All that said, don't expect the federation to announce a groundbreaking for a flashy new facility soon. Instead of building their own centers, they're instead going to rely on partnerships with already established facilities.
"Today in the United States, there are universities, clubs, sporting entities that already have [facilities]," said Rodriguez, later adding that they'll make more partnerships if needed for FMF-associated sites. "We're not going to spend money, we're going to make commercial agreements."
Better friendlies and more players to Europe
One aspect of the national team that is often criticized are U.S.-based friendlies, regularly referenced by fans and media as partidos moleros, that are widely seen as cash-grab exhibitions against any opposition that is available.
Aiming for a creative solution that could help increase the level of play in these matches, Rodriguez is currently working on scheduling friendlies with elite South American clubs instead of lower-tier national teams.
"We're going to sign at least two Argentine teams and two Brazilian teams, of a very high level, for non-FIFA dates to play in Mexico, the United States, or in Argentina and Brazil," he said.
The plan is a promising one, although it remains to be seen when and where these matches happen.
As for players themselves, Rodriguez also laid out the most ambitious but challenging part of his plan -- a possible framework to make partnerships with European associations that would potentially allow them to send a few 18-plus players, per Liga MX club, for two years abroad.
"We are focused on 18-year-olds so that they can have access to passports at an early age and be able to compete in Europe," Rodriguez said. "I'm meeting in the following week with top bosses from other leagues and other federations to be able to reach cooperative agreements that would allow us to do that."
If that seems too good to be true, it might be. This would require the agreement of Liga MX clubs in the first place and that plan still needs to be presented in the next owners meeting in the winter.
It will also be interesting to see which leagues or associations would agree to this deal. One can't imagine that major European leagues would seriously consider this, and it was telling to hear Rodriguez use Spanish lower leagues outside of the top two divisions as an example of a possible destination.
Still, if Rodriguez could pull this off, it would be a massive win for his efforts.
So, is this anything different?
It's important to note that there were other topics discussed, and some that weren't even mentioned, from his all-encompassing plan:
Mexican women's soccer ("[a] great opportunity for growth");
Lozano's future as permanent men's coach ("that part is not up to me");
Changing Liga MX schedule to play in the Copa Libertadores ("of course, of course");
Opening up of national team broadcast rights in 2026, better pay for youth national team coaches, better opportunities for domestic coaches.
Nonetheless, as mentioned beforehand, this isn't the first time that a leader within the Mexican soccer world has called or attempted to enact change within recent months. Rodriguez himself was a benefit of these shakeups, gaining his spot in May when Liga MX also introduced changes to its structure.
Still, Rodriguez made the right decision by firing Cocca and bringing in Lozano, and when looking at his wider plans announced this week, he should be given credit early for at least recognizing the areas that do genuinely need to be improved or fixed in Mexican soccer.
Despite the Gold Cup win for the men and the growth of women's soccer through the up-and-coming Liga MX Femenil, we can't forget the issues that both sides of the national team setup have had.
The women didn't qualify for this year's World Cup or next year's Olympics, and looking at the men, who also didn't qualify for next year's Olympics, there's a well-accepted notion that they've lost their status as the top national team in the North American region. The problems go deeper when looking at Liga MX, which is in danger of being surpassed by the rapid development of MLS.
The easy part for Rodriguez is recognizing the complications and the reasons behind them. That's the first few steps forward, but Mexico remains miles away from where it wants to be before 2026.
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Mexico eyes facilities in U.S. and more transfers. Will it work?
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https://www.espn.com/soccer/story/_/id/38109555/mexico-eyes-facilities-us-more-players-europe
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[
"Rob Dawson",
"Sam Marsden",
"Rajan Hothi",
"Joey Lynch",
"James Olley",
"Tom Hamilton",
"Cesar Hernandez",
"Josh Weinfuss",
"Sid Lowe",
"Gabriel Tan"
] |
2023-08-01 01:22:13+00:00
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2023-07-31 23:57:00
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The Columbus Crew have reached an agreement with Al Fateh that will send Designated Player Lucas Zelarayan to the Saudi Pro League, the MLS club announced on Monday.
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The Columbus Crew sent former MLS Cup MVP and midfielder Lucas Zelarayán to Al Fateh of the Saudi Pro League in a permanent transfer for an undisclosed transfer fee, the club announced on Monday.
Earlier Monday, the Crew acquired defender Rudy Camacho from CF Montreal on Monday in exchange for $400,000 in general allocation money split equally between 2023 and 2024.
Zelarayan, 31, played in 97 regular-season matches (85 starts) with the Crew since joining the Black and Gold in December 2019, recording 38 goals and 30 assists. He was named MLS Cup MVP when the Crew claimed the 2020 MLS championship.
"This transfer is beneficial for both the Crew and the player, and it provides us with additional resources and opportunities as we approach the close of the secondary window and plan for the future as we look to remain consistently competitive," Crew president Tim Bezbatchenko said. "We are confident in our Club's leadership, direction and personnel as we continually strive to bring trophies to Columbus."
Eternamente Agradecidos 🖤💛
A true magician on the field. From the Club and the entire city, we wish you the best in your next endeavor. pic.twitter.com/VgQL9K0Lol — The Crew (@ColumbusCrew) July 31, 2023
The Crew acquired Zelarayan from Liga MX's Tigres UANL on Dec. 20, 2019, as a designated player for a club-record acquisition transfer fee.
Camacho, 32, recorded one goal in 20 matches (19 starts) this season for CF Montreal.
"Rudy's skillset and leadership provide a solid veteran presence to our backline, especially given his familiarity with Coach (Wilfried) Nancy and our team's desired style of play," Bezbatchenko said. "A high-caliber player and consistent starter for Montreal in recent years, he is another strong addition to our club as we continue to improve the roster during the summer window."
Camacho has totaled seven goals in 128 career matches (126 starts) for CF Montreal.
"CF Montreal thanks Rudy for his six years of service to the club," CF Montreal vice president Olivier Renard said. "We wish him success in this next chapter of his career."
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Columbus Crew star midfielder Lucas Zelarayan joins Saudi side Al Fateh
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https://www.espn.com/soccer/story/_/id/38110457/columbus-crew-star-midfielder-lucas-zelarayan-joins-saudi-side-al-fateh
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[
"Tristan H. Cockcroft",
"Associated Press"
] |
2023-08-01 00:56:07+00:00
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2023-08-01 00:41:57
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The Cincinnati Reds acquired reliever Sam Moll in a trade with the Oakland Athletics on Monday.
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CHICAGO -- The Cincinnati Reds acquired reliever Sam Moll in a trade with the Oakland Athletics on Monday.
The addition of Moll puts another left-hander in Cincinnati's bullpen as it tries to become the first team to win a division after losing at least 100 games in the previous season. The Reds led the NL Central by a half-game over Milwaukee heading into play on Monday.
Moll, a third-round pick in the 2013 amateur draft, is 0-3 with a 4.54 ERA in 45 appearances this year. He has held lefty hitters to a .197 batting average.
The Reds got Moll and international cap space from Oakland for minor league right-hander Joe Boyle. The 6-foot-7 Boyle was selected by Cincinnati in the fifth round of the 2020 amateur draft.
To make room for Moll on the 40-man roster, the Reds transferred right-hander Hunter Greene to the 60-day injured list. Greene is coming back from right hip pain.
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Cincinnati Reds acquire lefty reliever Sam Moll from A's
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https://www.espn.com/mlb/story/_/id/38110625/cincinnati-reds-acquire-lefty-reliever-sam-moll-as
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[
"Adam Rittenberg",
"Pete Thamel",
"Heather Dinich",
"David Hale",
"Elizabeth Merrill",
"Kiley Mcdaniel",
"Espn Softball Analysts",
"Alex Scarborough",
"J.J. Post",
"Dan Murphy"
] |
2023-08-01 01:00:16+00:00
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2023-08-01 00:49:57
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Northwestern volleyball coach Shane Davis will not attend Big Ten media days in the wake of a lawsuit alleging hazing within the program.
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https%3A%2F%2Fwww.espn.com%2Fcollege-sports%2Fstory%2F_%2Fid%2F38110743%2Fnorthwestern-volleyball-coach-attend-media-days-wake-suit.json
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Northwestern volleyball coach Shane Davis, named last week in a lawsuit by a former player over hazing allegations, will not attend Big Ten volleyball media days.
Davis announced assistant coach Pedro Mendes will replace him Tuesday when Northwestern and six other teams attend the event at Big Ten Network studios in Chicago. Davis said in a statement Monday that he won't attend because he cannot answer questions about pending litigation. Mendes will accompany seniors Ellie Husemann and Alexa Rousseau at the event.
Three Northwestern football players elected not to attend Big Ten media days last week, amid a hazing scandal that led to the firing of coach Pat Fitzgerald on July 10.
In a lawsuit filed July 24, the former volleyball player alleged that she was injured while running sprints as a "punishment" that Davis approved, and that Davis "enabled a culture of racism, bullying, harassment, hazing, and retaliation" within the program. The lawsuit states that the former player, who did not identify herself in the claim, contracted COVID-19 in February 2021 and was punished for breaking the team's COVID guidelines, even though she says she did not violate them. She alleged that in March 2021, Davis had Northwestern's team captains select a punishment, which was "suicide" sprints in which she had to repeatedly dive on the court. She said the sprints caused injuries, which she reported.
Northwestern opened a hazing investigation, and a university spokesman told ESPN that the school "confirmed that hazing had taken place."
"Appropriate disciplinary action was taken," spokesman Jon Yates said in a written statement. "The university cancelled two games and implemented mandatory anti-hazing training."
Additional defendants in the lawsuit include the university, its board of trustees, its current and former presidents, current athletic director Derrick Gragg and former athletic director Jim Phillips, who hired Davis.
Davis has coached Northwestern since 2015 and has an overall record of 88-113.
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Northwestern volleyball coach won't attend media days in wake of suit
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https://www.espn.com/college-sports/story/_/id/38110743/northwestern-volleyball-coach-attend-media-days-wake-suit
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[
"Taylor Aasen"
] |
2023-08-01 00:45:15+00:00
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2023-07-31 22:18:15
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https%3A%2F%2Fwww.kxnet.com%2Fweather%2Fhey-taylor-hows-the-weather%2Fhey-taylor-light-of-christ-day-campers-visit-the-kx-studio%2F.json
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Do you want your home to make a memorable first impression? Try these 4 things to help boost your home’s curb appeal!
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www.kxnet.com
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Hey Taylor: Light of Christ day campers visit the KX studio
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https://www.kxnet.com/weather/hey-taylor-hows-the-weather/hey-taylor-light-of-christ-day-campers-visit-the-kx-studio/
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[
"Amy Metz"
] |
2023-08-01 00:45:09+00:00
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2023-07-31 23:39:39
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Multiple inches of rain will be falling with thunderstorms over the next two days. While this is good for the drought, we will also have chances for severe storms.
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Multiple inches of rain will be falling with thunderstorms over the next two days. While this is good for the drought, we will also have chances for severe storms.
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www.kxnet.com
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Heavy rainfall 7/31
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https://www.kxnet.com/weather/heavy-rainfall-7-31/
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[
"Christina Randall"
] |
2023-08-01 00:44:15+00:00
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2023-07-31 22:56:04
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More funding is coming to Bis-Man Transit to ensure that riders with disabilities and those over 70 years old have a safe and affordable way to travel.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Flocal-news%2Fbismarck-city-commissioners-provide-funding-for-bis-man-transit%2F.json
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BISMARCK, N.D. (KXNET) — More funding is coming to Bis-Man Transit to ensure that riders with disabilities and those over 70 years old have a safe and affordable way to travel.
Last week, Bismarck City Commission approved additional funding for the transit center.
Commissioners agreed to add approximately $250,000 to the organization’s budget each year for the next two years. This will allow Bis-Man Transit to continue to service the community, as well as make up for the previous lack of funding that the group has received in recent years.
“It’s going to help slow the bleed until we can get to those more sustainable or longer-term funding solutions,” explained Bis-Man Transit Executive Director Deidre Hughes. “It has definitely helped us buy a little bit more time to have bigger conversations about what we can do. So that we aren’t constantly chasing this, we need more funding we need more funding conversation.”
According to Hughes, the center can not receive any more federal financing — meaning they now need to seek additional money through local channels.
Close Thanks for signing up! Watch for us in your inbox.
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www.kxnet.com
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Bismarck City Commissioners provide funding for Bis-Man Transit
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https://www.kxnet.com/news/local-news/bismarck-city-commissioners-provide-funding-for-bis-man-transit/
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[
"Tristan Thomas"
] |
2023-08-01 00:43:35+00:00
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2023-07-31 22:14:42
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On this week’s edition, Tristan Thomas chats with the former Mr. Basketball, who has his sights set on what’s next in his basketball career after playing last season at UTTC.
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https%3A%2F%2Fwww.kxnet.com%2Fafter-the-whistle%2Fafter-the-whistle-jesse-white-ready-for-next-basketball-opportunity%2F.json
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On this week’s edition, Tristan Thomas chats with the former Mr. Basketball, who has his sights set on what’s next in his basketball career after playing last season at UTTC.
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www.kxnet.com
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After the Whistle: Jesse White ready for next basketball opportunity
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https://www.kxnet.com/after-the-whistle/after-the-whistle-jesse-white-ready-for-next-basketball-opportunity/
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[
"Stephanie Whiteside"
] |
2023-08-01 00:44:33+00:00
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2023-07-31 23:16:34
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Social media has gone wild as people claim the government confirmed aliens exist. But the truth isn't that simple, even as Congress vows to investigate.
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(NewsNation) — As in decades past, the question of whether aliens exist continues to captivate Americans. Following Wednesday’s widely-watched Congressional hearing on UAPs and UFOs, people flocked to social media — many proclaiming the government confirmed aliens exist.
But that’s not actually what happened at the hearing. While witnesses and lawmakers discussed the issue of UFOs, the government has not issued any official confirmation of alien life and what was said at the hearing, by witnesses and even a lawmaker, remains unverified.
As lawmakers continue to probe the issue, join NewsNation’s Brian Entin at 9 p.m. ET Sunday night for a two-hour special report on the hearing, including analysis from UFO experts. Find out how to tune in to NewsNation on your local channel lineup.
Here’s what we do (and don’t) know after the hearing:
Whistleblower David Grusch largely recounted second-hand testimony and provided no evidence to support his claims. Grusch is a former member of the UAP Task Force.
Former Navy Commander and pilot David Fravor recounted a first-hand experience with the so-called Tic Tac UFO but said he was never briefed on the object or its potential origins.
Former Navy pilot Ryan Graves, who founded the Americans for Safe Aerospace, also recounted an encounter he had with an object he described as a black sphere floating inside a clear cube. Graves indicated such encounters were extremely common among pilots. There was no evidence presented to support this claim.
While lawmakers seemed largely accepting of the witness testimony, only Rep. Matt Gaetz, R.-Fla., said he had seen any evidence of alien life firsthand.
Grusch was unable to answer a number of inquiries regarding specific evidence or proof in an open setting, though he indicated he would be willing to say more in a secure, classified briefing.
All three witnesses agreed these unidentified objects constituted a potential national security threat.
Official government bodies, including the White House, Pentagon, and NASA have all stated they have no reason to believe unexplained objects are extraterrestrial in nature.
National Security Council Spokesman John Kirby said after the hearing there are “no hard and fast” answers to the question but that the administration is taking it seriously.
This wasn’t the first time the U.S. government undertook investigations to address the question of UFOs, nor is it the first time the official response was that there was nothing “alien” going on.
However, at the heart of Grusch’s whistleblower complaint is his claim that the government, specifically the Department of Defense, is operating programs to retrieve material from crashes that are extraterrestrial in nature and are keeping those programs secret from the public while also operating without appropriate Congressional oversight.
Grusch spoke exclusively to NewsNation regarding his experiences, which he said include the U.S. government recovering the “non-human” pilots of downed craft.
In light of his claims, lawmakers on the House Oversight Committee have vowed to continue to hold more hearings, including classified briefings where Grusch could speak more freely. Members have also vowed to seek the power to subpoena documents and images that Grusch says back up his claims.
Lawmakers have also called for a centralized reporting system for both military and civilian reports of UFOs, to better analyze and understand the possible threat.
There is also the possibility of the creation of a new committee to specifically investigate UAPs/UFOs. It’s not entirely clear how Congress could compel the DoD or military to release information on any secret programs, should they exist, though, in the past, lawmakers have attempted to work UFO reporting into funding requirements for the Pentagon.
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www.kxnet.com
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Did the government confirm aliens exist?
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https://www.kxnet.com/news/national-news/did-the-government-confirm-aliens-exist/
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[
"Morgan Devries"
] |
2023-08-01 00:44:09+00:00
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2023-07-31 23:56:23
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For our July 31st KX Conversation, Brooke Williams and Jamarlo Phillips spoke with Josh Teigen, a commissioner with the North Dakota Department of Commerce.
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NORTH DAKOTA (KXNET) — For our July 31st KX Conversation, Brooke Williams and Jamarlo Phillips spoke with Josh Teigen, a commissioner with the North Dakota Department of Commerce.
During the conversation, Teigen discussed what new stuff is coming to the area, what the Department of Commerce learned and discussed during its tour, what the 10-year Economic Development Expansion Master Plan is, and how this builds tribal and state agencies’ relationships.
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www.kxnet.com
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KX Conversation: Turtle Mountain Economic Growth
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https://www.kxnet.com/news/kx-conversation/kx-conversation-turtle-mountain-economic-growth/
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[
"Amy Metz"
] |
2023-08-01 00:45:33+00:00
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2023-07-31 23:27:16
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60 mph wind & 2″+ hail is being detected by radar heading toward Bottineau. Lake Metigoshe will experience 40+ mph gusts as thunderstorms pass, but should not have hail. This storm will likely be south of Dunseith, ND around 9 pm. Learn more in Amy’s Full Forecast at 6PM 7/31
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https%3A%2F%2Fwww.kxnet.com%2Fweather%2Fsevere-storms-today-and-tomorrow%2F.json
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60 mph wind & 2″+ hail is being detected by radar heading toward Bottineau. Lake Metigoshe will experience 40+ mph gusts as thunderstorms pass, but should not have hail. This storm will likely be south of Dunseith, ND around 9 pm.
Learn more in Amy’s Full Forecast at 6PM 7/31
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www.kxnet.com
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Severe storms today and tomorrow
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https://www.kxnet.com/weather/severe-storms-today-and-tomorrow/
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[
"Amy Metz"
] |
2023-08-01 00:45:27+00:00
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2023-07-31 23:50:01
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Here is the difference between today and tomorrow’s severe storms. Learn more with chief meteorologist Amy Metz at 6pm on 7/31
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https%3A%2F%2Fwww.kxnet.com%2Fweather%2Fsevere-storms-happening-now-6pm-7-31%2F.json
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Do you want your home to make a memorable first impression? Try these 4 things to help boost your home’s curb appeal!
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www.kxnet.com
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Severe storms happening now 6PM 7/31
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https://www.kxnet.com/weather/severe-storms-happening-now-6pm-7-31/
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[
"Alex Baker",
"Jeremy Tanner"
] |
2023-08-01 00:44:39+00:00
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2023-07-31 22:16:00
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Angus Cloud, the actor best known for his role in the HBO series "Euphoria," has been found dead at his family's home in Oakland, according to multiple reports.
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(KRON) – Angus Cloud, the actor best known for his role in the HBO series “Euphoria,” has been found dead at his family’s home in Oakland, according to his publicist, Cait Bailey.
In a statement sent to TMZ, the first outlet to report the death, Cloud’s family confirmed his passing:
“It is with the heaviest heart that we had to say goodbye to an incredible human today. As an artist, a friend, a brother and a son, Angus was special to all of us in so many ways,” the statement read. “Last week he buried his father and intensely struggled with this loss. The only comfort we have is knowing Angus is now reunited with his dad, who was his best friend. Angus was open about his battle with mental health and we hope that his passing can be a reminder to others that they are not alone and should not fight this on their own in silence.”
Variety also reported the actor’s death, citing his family.
A statement from HBO Monday read:
We are incredibly saddened to learn of the passing of Angus Cloud. He was immensely talented and a beloved part of the HBO and Euphoria family. We extend our deepest condolences to his friends and family during this difficult time.
Cloud hadn’t acted before he was cast in “Euphoria.” He was walking down the street in New York when casting director Jennifer Venditti noticed him. Series creator Sam Levinson made him the co-star of the series alongside Zendaya for its first two seasons.
The part made Cloud the breakout star of one the buzziest shows in television.
Cloud starred as Fezco on 16 episodes of the HBO show in addition to appearances in “North Hollywood,” “The Perfect Women” and music videos with Becky G and Juice WRLD.
He was recently cast to co-star in “Scream 6.”
Cloud was born in Oakland according to his IMDB page.
He was 25 years old. No cause of death was given
If you or anyone you know are struggling, the 988 Suicide & Crisis Lifeline can be reached 24 hours a day, 7 days a week by phone, chat or text.
The Associated Press contributed to this report.
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‘Euphoria’ actor Angus Cloud dies at 25
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https://www.kxnet.com/news/national-news/euphoria-actor-angus-cloud-found-dead-at-25/
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[
"Corbin Warnock"
] |
2023-08-01 00:44:57+00:00
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2023-07-31 22:32:29
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Disagree or agree with no degree?
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Fstate-news%2Fis-the-teacher-shortage-an-emergency-in-north-dakota%2F.json
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NORTH DAKOTA (KXNET) — Disagree or agree with no degree?
The North Dakota Education Standards Practices Board drafted a letter to the Governor, asking him to declare an emergency, relating to the teacher shortage.
North Dakota United is a teachers union in North Dakota. The group represents more than 11,000 public school teachers and public employees.
The Union disagrees with the Education Board when it comes to allowing student teachers without degrees to teach.
In their opinion, teachers who are licensed and have had the training should be the ones in the classroom.
The data they collected and the phone calls they have been getting, coupled with the shortages around the state, led the education board to declare that the teacher shortage was an emergency.
This was based on the number of openings around the state.
The Board of Education came to this conclusion in their meeting last week that this is something they think needs to be done. But, not everyone agrees.
“This is a solution that will perpetuate itself, and if you drag teachers out of the profession and replace them with the folks without the credential, without the training that is necessary to be an effective teacher um you will have more exceptions to the rule that you have to have a license,” said Nick Archuleta, the president of North Dakota United.
“If the governor does approve this and again it is up to him. Then the universities would be able to choose if they thought they had some pre-service teachers that would fit into the criteria. The letter asks that the governor would allow student teachers who fit the criteria stated in the letter to be the teacher of record or the real teacher for one semester,” said Rebecca Pitkin, the executive director of the Educational Standards Practices Board and Teacher Licensing Agency.
KX News has contacted Governor Burgum’s office for comment, and they replied that they are still working to collect the information needed about the education board’s request.
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www.kxnet.com
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Is the teacher shortage an emergency in North Dakota?
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https://www.kxnet.com/news/state-news/is-the-teacher-shortage-an-emergency-in-north-dakota/
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[
"Taylor Aasen"
] |
2023-08-01 00:45:21+00:00
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2023-07-31 22:36:57
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https%3A%2F%2Fwww.kxnet.com%2Fweather%2Fhey-taylor-hows-the-weather%2Fhey-taylor-mags-pet-daze-forecast-for-our-four-legged-friends%2F.json
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Do you want your home to make a memorable first impression? Try these 4 things to help boost your home’s curb appeal!
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www.kxnet.com
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Hey Taylor: Mags Pet Daze forecast for our four legged friends
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https://www.kxnet.com/weather/hey-taylor-hows-the-weather/hey-taylor-mags-pet-daze-forecast-for-our-four-legged-friends/
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[
"Emily Brooks",
"The Hill"
] |
2023-08-01 00:43:47+00:00
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2023-07-31 23:29:53
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Democrats and Republicans are offering clashing interpretations of the significance of former Hunter Biden business associate Devon Archer’s closed-door testimony, which lawmakers said included assertions that Hunter Biden was selling the “illusion of access” to his father and that Hunter Biden sometimes put President Biden on speakerphone to talk to his business associates. The revelations […]
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https%3A%2F%2Fwww.kxnet.com%2Fhill-politics%2Fdevon-archer-debate-focuses-on-hunter-biden-illusion-of-access%2F.json
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Democrats and Republicans are offering clashing interpretations of the significance of former Hunter Biden business associate Devon Archer’s closed-door testimony, which lawmakers said included assertions that Hunter Biden was selling the “illusion of access” to his father and that Hunter Biden sometimes put President Biden on speakerphone to talk to his business associates.
The revelations are fueling Republican attempts to link the president to his son’s business dealings. Republicans, including Speaker Kevin McCarthy (Calif.) and House Oversight Committee Chairman Rep. James Comer (Ky.), say the testimony shows that President Biden “lied” when he made campaign trail statements that he had never talked to his son about his foreign business dealings.
But Democrats say Archer’s testimony to the House Oversight Committee on Monday actually shows the president was not involved in Hunter Biden’s foreign business affairs.
Rep. Dan Goldman (D-N.Y.), who attended the hours-long transcribed interview, said Archer testified that because Hunter Biden was under pressure from Ukrainian energy company Burisma, “he had to give the illusion — and he used that term, the illusion — of access to his father, and he tried to get credit for things that he — that Mr. Archer testified Hunter had nothing to do with, such as when Vice President Biden went to Ukraine on his own.”
Lawmakers clash over whether testimony implicates president
Archer was on the board of Burisma with Hunter Biden. Republicans have said then-Vice President Biden’s call to remove Ukrainian prosecutor Viktor Shokin, whose office was investigating Burisma, was directly related to his son’s involvement with, and sizable payments from, the company.
But the investigation in Burisma had been opened before Shokin took the position, and Shokin was widely criticized for failure to prosecute corruption, with his ouster supported by numerous U.S. officials.
Rep. Jamie Raskin (D-Md.), the ranking member on the House Oversight Committee, said in a statement that Archer testified that “President Biden was not involved in his son’s business affairs, and that President Biden was never asked to, nor did he, take any official actions in relation to those business matters.”
White House press secretary Karine Jean-Pierre said last week that the president “was never in business with his son.”
On the other end of the partisan spectrum, Rep. Andy Biggs (R-Ariz.), who also attended the transcribed interview, said he thought Archer’s testimony “implicate[s] the president.”
Reading from his notes of the transcribed interview, Biggs said Archer testified that “Burisma would have gone out of business sooner if the Biden brand had not been invoked. People would be intimidated to legally mess with Burisma because of the Biden family brand.”
According to Biggs, Archer said the Biden “brand” referred to President Biden. But Goldman later said that Archer clarified the “brand” was based on a “D.C. brand based on his own experience in lobbying” and “in conjunction with the fact that his last name was Biden.”
Burisma bribery allegations
Both Biggs and Goldman said that Archer had no knowledge of an alleged $5 million payment to Biden from Burisma, an allegation relayed by a confidential FBI source in a form released by Republicans earlier in June.
Goldman argued that Archer’s testimony undercut the premise of the Biden-Burisma bribery allegations.
“Even though it was perceived by Burisma that they had the Prosecutor General Shokin ‘under control,’ quote unquote, that Joe Biden advocated for his firing — which of course, was not coveted or desired by Burisma, and would potentially be bad for Burisma,” Goldman said.
Raskin said that Republicans appeared to be “chasing” the bribery allegations, and pointed to a recent letter to Comer from Lev Parnas, who was involved in an effort to dig up dirt about the Bidens in Ukraine ahead of the 2020 election, urging Comer to abandon efforts to chase the “conspiracy theories.”
Comer, on the other hand, took issue with Hunter Biden’s work with Burisma.
“When Burisma’s owner was facing pressure from the Ukrainian prosecutor investigating the company for corruption, Archer testified that Burisma executives asked Hunter to ‘call D.C.’ after a Burisma board meeting in Dubai,” he said in a statement, which a press release said raised concerns that Hunter Biden was in violation of the Foreign Agents Registration Act.
Phone calls with the president
Archer’s testimony did appear to partially back up Comer’s statement to the New York Post last week that he expected Archer to discuss the times he witnessed Hunter Biden’s putting then-Vice President Biden on speakerphone with foreign business partners.
Democrats downplayed that concern.
“The witness indicated that Hunter spoke to his father every day, and approximately 20 times over the course of a 10-year relationship. Hunter may have put his father on the phone with any number of different people, and they never once spoke about any business dealings,” Goldman said.
“As he described it, it was all casual conversation, niceties, the weather, ‘What’s going on?’” Goldman said, adding that “there wasn’t a single conversation about any of the business dealings that Hunter had.”
Democrats also stressed that there were especially frequent conversations between Hunter Biden and his father after his brother, Beau Biden, died from brain cancer in 2015.
Biggs pushed back on Goldman’s characterization.
“He probably forgot to tell you that Devon Archer himself said that was an implication of who the ‘big guy’ is,” Biggs said, referring to communications drawn from a laptop hard drive that purportedly belonged to Hunter Biden.
The House Oversight GOP also said in a tweet that President Biden attended a 2014 dinner with Hunter Biden and some of his foreign business associates at Cafe Milano in Washington, D.C.
White House slams GOP after ‘much-hyped witness’ testimony
Ian Sams, White House spokesperson for oversight and investigations, also argued that the Archer interview poked holes in the GOP attempts to directly link President Biden to his family’s foreign business dealings.
“It appears that the House Republicans’ own much-hyped witness today testified that he never heard of President Biden discussing business with his son or his son’s associates, or doing anything wrong,” Sams said. “House Republicans keep promising bombshell evidence to support their ridiculous attacks against the President, but time after time, they keep failing to produce any. In fact, even their own witnesses appear to be debunking their allegations.”
Raskin said that the Biden family investigation is a “desperate effort to distract everyone from former President Donald Trump’s mounting criminal indictments and deepening legal morass.”
Rep. Jim Jordan (R-Ohio), who was also in the interview, told reporters that Archer had revealed new information, but declined to elaborate further.
Abbe Lowell, counsel for Hunter Biden, said in a statement that House Republicans “keep swinging and keep striking out in their obsessive pursuit of the President through his son, Hunter.”
“Mr. Archer confirmed one more time that Hunter Biden did not involve his father in, nor did his father assist him in, his business. It’s well known that Hunter and his father speak daily, and what Mr. Archer confirmed today was that when those calls occurred during Hunter’s business meetings, if there was any interaction between his father and his business associates, it was simply to exchange small talk,” Lowell said.
“Like the relatives of Donald Trump, Senators Ron Johnson and Ted Cruz, Rep. Lauren Boebert, and many others, family members of elected representatives meet people and may get opportunities because of those connections,” he continued. “Congress would be busy investigating many of their own if that’s their idea of an offense.”
Archer did not answer shouted questions when entering or leaving the transcribed interview, and his attorney declined to take a side in the debate over his testimony.
“We are aware that all sides are claiming victory following Mr. Archer’s voluntary interview today. But all Devon Archer did was exactly what we said he would: show up and answer the questions put to him honestly and completely. Mr. Archer shared the truth with the Committee, and we will leave to them and others to decide what to do with it,” said Matthew L. Schwartz, a managing partner of Boies Schiller Flexner LLP.
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Devon Archer debate focuses on Hunter Biden ‘illusion of access’
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https://www.kxnet.com/hill-politics/devon-archer-debate-focuses-on-hunter-biden-illusion-of-access/
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[
"Mychael Schnell",
"The Hill"
] |
2023-08-01 00:43:53+00:00
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2023-07-31 21:59:35
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A trio of top House Republicans are demanding that the Department of Justice (DOJ) hand over information pertaining to Hunter Biden’s plea deal, which has been on hold for days after a judge raised concerns about the agreement. GOP lawmakers have railed for weeks against the plea agreement, calling it a “sweetheart deal” and arguing […]
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https%3A%2F%2Fwww.kxnet.com%2Fhill-politics%2Frepublicans-demand-information-from-doj-on-hunter-biden-plea-deal%2F.json
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A trio of top House Republicans are demanding that the Department of Justice (DOJ) hand over information pertaining to Hunter Biden’s plea deal, which has been on hold for days after a judge raised concerns about the agreement.
GOP lawmakers have railed for weeks against the plea agreement, calling it a “sweetheart deal” and arguing Hunter Biden was given preferential treatment because he is the son of President Biden.
The three Republicans escalated those attacks in a Monday letter, asking Attorney General Merrick Garland to answer a list of questions and provide documents and communications about Hunter Biden’s “unusual” plea agreement — the first request from Congress parsing the particulars of the deal.
“The Department’s unusual plea and pretrial diversion agreements with Mr. Biden raise serious concerns — especially when combined with recent whistleblower allegations—that the Department has provided preferential treatment toward Mr. Biden in the course of its investigation and proposed resolution of his alleged criminal conduct,” the letter reads.
Judiciary Committee Chairman Jim Jordan (R-Ohio), Oversight and Accountability Committee Chairman James Comer (R-Ky.) and Ways and Means Committee Chairman Jason Smith (R-Mo.) all signed the letter. The House GOP for months has been investigating the Biden family’s foreign business dealings and its associates. Lawmakers have previously made requests regarding the investigation into Hunter Biden led by U.S. attorney for Delaware David Weiss.
The Hill reached out to the DOJ for comment.
Hunter Biden’s plea deal was put on hold last week after the judge overseeing the case questioned the parameters of the agreement. As part of the deal, Biden was expected to plead guilty to two misdemeanor counts of willful failure to pay income taxes. He also reached a diversion agreement relating to an unlawful possession of a weapon charge.
U.S. District Judge Maryellen Noreika, a Trump appointee, raised concerns about the setup of the two-part deal and the scope of Biden’s immunity, and she ultimately gave both parties more time to explain why the deal — which she has to greenlight — should be accepted.
The three House Republicans pointed to some of Noreika’s concerns in their letter, including provisions in the pretrial diversion agreement that would shield Hunter Biden from future criminal charges on the gun charge or other federal charges within the scope of the agreement.
“Taken individually, each of the provisions discussed above raises serious concerns about how the Department has handled this matter. But when considered together, the provisions appear to be even more troubling,” the GOP chairmen wrote.
They claimed the Justice Department “shifted a broad immunity provision, which benefits Mr. Biden, from the plea agreement to the pretrial diversion agreement apparently to prevent the District Court from being able to scrutinize and reject that immunity provision.”
“And then, the Department has benefitted Mr. Biden by giving up its unilateral ability to bring charges against him if it concludes that he has breached the pretrial diversion agreement. Instead, it has placed upon itself the burden of getting the District Court’s permission to bring charges even though the District Court normally has no role in policing a pretrial diversion agreement in that manner,” they continued. “So, the District Court is apparently removed from the equation when it helps Mr. Biden and inserted into the equation when it helps Mr. Biden.”
The trio of Republicans also voiced concerns about the DOJ saying the investigations into Hunter Biden are “ongoing,” arguing it is an effort to shield the DOJ from congressional oversight. Speaker Kevin McCarthy (R-Calif.) raised a similar claim last month.
“How can Hunter Biden plead guilty, no jail time, and the DOJ say there’s still an investigation, try to withhold information to the House? That’s unacceptable and will not stand,” McCarthy told reporters at the time.
The committee chairmen are asking Garland to provide information on other pretrial diversion agreements similar to Biden’s, in addition to “a generalized description of the nature of the Department’s ongoing investigation(s) concerning Hunter Biden.”
The letter from Jordan, Comer and Smith came the same day lawmakers heard testimony from former Hunter Biden business associate Devon Archer behind closed doors. Rep. Dan Goldman (D-N.Y.) told reporters Archer said Hunter Biden included President Biden on a number of phone calls that presumably included business associates, a detail that Republicans will likely use in their attempts to link the president to his son’s business dealings.
Goldman said the testimony did not prove President Biden was involved in his son’s business dealings. Rep. Andy Biggs (R-Ariz.), however, said he thought Archer’s testimony “implicate[s] the president.”
That testimony came nearly two weeks after two IRS whistleblowers testified publicly, claiming that authorities slow-walked the case into Hunter Biden. The two whistleblowers previously spoke to the Ways and Means Committee behind closed doors, and those transcripts were released shortly after Hunter Biden’s plea agreement was announced.
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www.kxnet.com
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Republicans demand information from DOJ on Hunter Biden plea deal
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https://www.kxnet.com/hill-politics/republicans-demand-information-from-doj-on-hunter-biden-plea-deal/
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[
"Christina Randall"
] |
2023-08-01 00:44:51+00:00
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2023-07-31 23:42:51
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Agriculture is one of the largest industries in the state, but we can't get the best out of our crops without good soil to plant them in. As such, The North Dakota Development Fund looking for applicants and companies to help construct a new fertilizer facility.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Fstate-news%2Fdevelopment-fund-seeks-applicants-for-fertilizer-facility-loans%2F.json
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NORTH DAKOTA (KXNET) — Agriculture is one of the largest industries in the state, but we can’t get the best out of our crops without good soil to plant them in. As such, The North Dakota Development Fund looking for applicants and companies to help construct a new fertilizer facility.
Officials say that because the state only produces a fraction of the fertilizer farmers in North Dakota need, our farmers often have to purchase it outside the state — or even outside the country.
To help keep business in ND, the State Department of Commerce is looking to bring the fertilizing industry right to us, using what North Dakota already has at its disposal.
“There are a couple of ways to produce fertilizer,” stated the Department Deputy Director of Economic Development Shayden Akason. “One includes the input of natural gas, and it just so happens we have an abundance of natural gas in North Dakota. So, we see an opportunity to keep that natural gas in the state, and have value added to production occur in North Dakota by production.”
According to those with the state’s development fund, $65 million in loans are currently available. The deadline to apply is August 13.
To learn more or apply for the project, visit this page on the Development Fund’s website.
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www.kxnet.com
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Development Fund offers fertilizer facility loans
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https://www.kxnet.com/news/state-news/development-fund-seeks-applicants-for-fertilizer-facility-loans/
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[
"Joel Porter"
] |
2023-08-01 00:44:27+00:00
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2023-07-31 23:16:04
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Bismarck city leaders have officially agreed to purchase two new trucks for the fire department — but supervisors at the Bismarck fire department say that it will likely be years before those trucks are ready.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Flocal-news%2Fnew-bismarck-fire-trucks-face-potential-year-long-delays%2F.json
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BISMARCK, N.D. (KXNET) — Bismarck city leaders have officially agreed to purchase two new trucks for the fire department — but supervisors at the Bismarck fire department say that it will likely be years before those trucks are ready.
Last week, the city commission approved the request from the fire department to order two new fire engines. They are built by Pierce Manufacturing in Wisconsin and will cost over $1,120,000 each.
The fire department says the trucks will be paid for with federal money from the American Rescue Plan Act from 2021 and 2022 — but also that the current labor shortage and demand for trucks mean that many departments have been waiting for years to receive new equipment.
“We will hopefully see these within about three years,” stated Deputy Fire Chief Brooks Martin. “We’re certainly getting our spot in line ahead of time. Not the best scenario to be in, but we’re able to forecast at this time — we’ll need to have those trucks in service within that time frame, so this does meet our need, and doesn’t really put us in a different position.”
Right now, Bismarck fire deputy chief Brooks Martin says the city on average gets a little over 12 years of service out of a new truck. After that, they are used as backup equipment.
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www.kxnet.com
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New Bismarck Fire Trucks face potential year-long delays
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https://www.kxnet.com/news/local-news/new-bismarck-fire-trucks-face-potential-year-long-delays/
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[
"Niall Stanage",
"The Hill"
] |
2023-08-01 00:44:01+00:00
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2023-07-31 22:07:35
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Former President Trump’s dominance of the GOP field was underscored by a new poll released Monday. The New York Times/Siena College poll showed Trump leading his closest rival for the nomination, Florida Gov. Ron DeSantis, by a massive 37 points. In the poll, Trump drew 54 percent support and DeSantis 17 percent. No other candidate […]
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https%3A%2F%2Fwww.kxnet.com%2Fhill-politics%2Fwill-trump-inevitably-be-the-gop-nominee-heres-the-case-for-and-against%2F.json
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Former President Trump’s dominance of the GOP field was underscored by a new poll released Monday.
The New York Times/Siena College poll showed Trump leading his closest rival for the nomination, Florida Gov. Ron DeSantis, by a massive 37 points.
In the poll, Trump drew 54 percent support and DeSantis 17 percent. No other candidate registered higher than 3 percent support.
The poll was far from an outlier. Trump has maintained a lead of roughly 30 points over DeSantis in national polling averages for some time. There is no convincing evidence that any other contender is acquiring real momentum.
Given that Trump is showing such strength even while he has been indicted in two criminal cases, the question arises as to whether he is all but inevitable as the GOP nominee.
Here are the main arguments for and against that idea.
Trump is the inevitable nominee because…
His support looks rock-solid
Trump’s biggest political asset has been clear for years. His base voters are avid in their support and near-impervious to any negative information about him.
It’s more than seven years since then-candidate Trump told a crowd in Iowa, “I could stand in the middle of Fifth Avenue and shoot somebody and I wouldn’t lose any voters, OK?”
Today, he stands accused of obstruction of justice and a series of other serious offenses in the Mar-a-Lago documents case. He is also charged with falsifying business records in a separate New York case.
Among Republicans, it hasn’t mattered.
In the New York Times poll, 71 percent of potential Republican primary voters said the GOP needed “to stand behind Trump” amid his charges, whereas only 22 percent argued there was no obligation to do so.
The exact same share — 71 percent — asserted that Trump was innocent of any “serious federal crimes.”
A general election would be a very different matter. But, within the GOP, there is every reason to think Trump has a lock on enough voters to carry him to the nomination.
His main rival is doing very poorly
DeSantis’s weakness has been a bigger surprise than Trump’s strength so far.
The Florida governor launched his campaign May 24 with a Twitter Spaces event marred by technical glitches. It was a sign of things to come.
DeSantis’s poll ratings have eroded over the two months-plus of his campaign to date. The national polling average maintained by data site FiveThirtyEight showed him drawing roughly 21 percent support on the day of his launch. He is now at roughly 16 percent.
The polling slide has been accompanied by broader campaign troubles. A recent series of staffing cuts has reduced his team by about one-third.
DeSantis’s backers publicly evince confidence that they are building a campaign for the long haul and that it will all come right in the end. The governor laid out an economic agenda in a New Hampshire speech Monday.
But as of today, DeSantis has seriously underperformed.
That’s very good news for Trump.
GOP voters don’t buy the argument that Trump is unelectable
Trump-skeptical GOP insiders coalesce around one central argument — that the former president would be a weak general election candidate, likely losing a winnable election.
As evidence they cite the 2020 election, when Trump lost the popular vote by more than 7 million votes to President Biden; his false claims of election fraud and the way they fueled the Capitol Riot of Jan. 6, 2021; his many legal challenges; and his low poll ratings among the general public.
In an Economist/YouGov poll released last week, Trump was seen favorably by 40 percent of the general public, and unfavorably by 57 percent. Self-professed independent voters broke against him on that question by almost 2-to-1.
But the GOP primary electorate, by and large, just doesn’t buy it. They believe Trump can defy the polls and pundits again, just as he did when defeating Democratic nominee Hillary Clinton in 2016.
The New York Times poll asked Republican voters whether Trump or DeSantis was better “able to beat Joe Biden.”
Fifty-eight percent went for Trump compared to 28 percent for DeSantis.
Unless those figures change drastically, it’s tough to see how Trump loses the nomination battle.
Trump is not the inevitable nominee because….
The campaign has barely begun
Today’s intense media coverage of every step of every campaign tends to lead to sweeping predications.
Many of those forecasts might seem premature.
The Iowa caucuses are more than five months away — an eternity in politics. The Republican National Convention, at which the nominee will be formally crowned, is almost a year away.
For the moment, Trump likely accrues some benefit from his near-universal name recognition.
In another Economist/YouGov poll earlier this month, the proportion of Republicans who said they didn’t know enough to express an opinion of a particular candidate stood at 9 percent for DeSantis, 21 percent for former New Jersey Gov. Chris Christie and 27 percent for former United Nations Ambassador Nikki Haley.
That gives those candidates room to grow, at least in theory, in a way that isn’t true for Trump.
Trump’s rivals could also hold out hope of game-changing moments during debate season, which is soon to begin. The first clash is set for Aug. 23 in Milwaukee.
Early polls are misleading
Trump’s rivals emphasize that predictions based on early polls in previous years were wrong.
That’s true — sort of. But it’s not quite so hard-and-fast a rule as the Trump skeptics claim.
In fact, in two of the last three contested Republican presidential primaries, the eventual winner was already leading the RealClearPolitics average at this point.
Trump had just burst into the lead in 2016, never to surrender it; and in 2012, former Massachusetts Gov. Mitt Romney had already established a lead, which he would lose and regain. Romney is now a senator representing Utah.
The sole exception came in 2008, when Sen. John McCain (Ariz.) was in third place and former New York City Mayor Rudy Giuliani was leading the field. McCain went on to claim the nomination and Giuliani’s campaign sputtered into oblivion.
It’s not just a matter of polls. Campaigns can sometimes shift on a dime, as happened for the Democrats in 2020.
Then, Biden looked like a busted flush after trailing in fourth in Iowa and fifth in New Hampshire. A win in South Carolina — and a collective quiver of fear among moderate Democrats over the possibility of nominating Sen. Bernie Sanders (I-Vt.) — delivered the nomination to Biden.
Trump’s legal problems are getting worse
Even if Trump’s support has remained solid so far, it may not be destined to remain so.
What happens when the GOP has to focus fully on whether to nominate a candidate who could be convicted of serious offenses by the time Election Day rolls around?
Trump’s trial in the Mar-a-Lago matter has been set for May 20 next year.
Then there is the likelihood of Trump’s other troubles deepening.
An indictment is widely expected soon over Jan. 6. Trump himself wrote on Truth Social on Monday that he expected an indictment “any day now.”
In Georgia, Fulton County District Attorney Fani Willis (D) is wrapping up her probe into attempts by Trump and his allies to overturn the 2020 election results in that state. Decisions on charges are expected in the next few weeks.
Every one of those cases, regardless of the verdicts, will put unflattering details of Trump’s behavior back in the spotlight — and could, perhaps, give some Republican voters second thoughts about nominating him.
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www.kxnet.com
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Will Trump inevitably be the GOP nominee? Here’s the case for and against
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https://www.kxnet.com/hill-politics/will-trump-inevitably-be-the-gop-nominee-heres-the-case-for-and-against/
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[
"Joel Porter"
] |
2023-08-01 00:44:21+00:00
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2023-07-31 23:31:18
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July was a busy month for firefighters in Bismarck, but on Monday, many of them suited up for some more practice.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Flocal-news%2Fbismarck-firefighters-continue-training-after-busy-july%2F.json
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BISMARCK, N.D. (KXNET) — July was a busy month for firefighters in Bismarck, but on Monday, many of them suited up for some more practice.
Several fire crews are doing live fire training at station four this week. During the training simulation, firefighters are challenged to find quick solutions to issues they may encounter in an emergency.
“So that we understand what needs to be done,” explained BFD Deputy Chief Brooks Martin, “and you try to continue to work on that, and really build that muscle memory of what needs to be done on the fire ground — and are you able to problem solve your way through what we may find when we arrive on the scene.”
Fire chiefs say the men and women of the department complete over 20 hours of training every month.
But firefighters have already been called out several times in the last month, including fires in three different mobile home parks in three weeks. Just over a week ago, firefighters were also called out to a fire in a garage along Fraine Barracks Road — which they say was started by a lithium battery conversion kit from an E-bike.
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www.kxnet.com
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Bismarck firefighters continue training after busy July
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https://www.kxnet.com/news/local-news/bismarck-firefighters-continue-training-after-busy-july/
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[
"Morgan Devries"
] |
2023-08-01 00:43:41+00:00
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2023-07-31 22:21:21
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A Dickinson man was arrested for a bunch of drug-related charges after police found an active methamphetamine lab in his residence.
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https%3A%2F%2Fwww.kxnet.com%2Fcrime-tracker%2Fdickinson-man-arrested-for-having-active-meth-lab%2F.json
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DICKINSON, N.D. (KXNET) — A Dickinson man was arrested for a bunch of drug-related charges after police found an active methamphetamine lab in his residence.
According to a news release from the Dickinson Police Department, around 4:30 p.m. on Sunday, July 30, Dickinson police and EMS were called to a residence in the 900 block of 3rd Avenue West for a report of a possible overdose.
Medical aid was provided to a person at the address, but transportation to the hospital was not needed.
During the call, officers found evidence consistent with the manufacturing and sale of methamphetamine.
Agents with the Southwest Narcotics Task Force were called and got a search warrant for the residence.
During the search, agents found an active methamphetamine lab, nearly one pound of produced methamphetamine, a THC (marijuana) oil lab, 30 firearms, and other controlled substances.
A Bismarck team specializing in the collection and dismantling of clandestine labs was called to help in remediation efforts.
After the investigation, 37-year-old Joshua Lidberg was arrested for an active meth lab and was taken into custody, he will be facing these charges in Southwest Judicial District Court:
Manufacturing a controlled substance – methamphetamine, a class B felony
Manufacturing a controlled substance – THC, a class C felony
Possession of methamphetamine with intent to deliver – 50 grams or greater, a class A felony
Possession of a controlled substance with intent to deliver – LSD, a class B felony
Possession of a controlled substance with intent to deliver – psilocybin, a class B felony
Possession of drug paraphernalia to manufacture – methamphetamine, a class C felony
Possession of drug paraphernalia to manufacture – THC, a class C felony
Nobody was injured during the search.
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www.kxnet.com
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Dickinson man arrested for having active meth lab
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https://www.kxnet.com/crime-tracker/dickinson-man-arrested-for-having-active-meth-lab/
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[
"Christina Randall"
] |
2023-08-01 00:45:03+00:00
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2023-07-31 23:06:13
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A law going into effect on Tuesday aims to help protect stranded motorists here in North Dakota.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Fstate-news%2Fnew-state-law-aims-to-protect-stranded-motorists%2F.json
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NORTH DAKOTA (KXNET) — A law going into effect on Tuesday aims to help protect stranded motorists here in North Dakota.
The law expands on a current statute that requires motorists to move over when passing an emergency vehicle alongside a highway with their emergency lights on. Starting August 1, drivers will be required to move over if a stranded motorist has their emergency flashers on as well.
According to AAA, a survey shows that in North Dakota, most drivers will move over a lane when they see a vehicle with emergency flashers on — but not everyone.
Roughly one in every 10 North Dakota drivers stated that they “never”, “rarely” or only “sometimes” adhere to such practices.
“On average, we see a tow truck driver killed every two and a half days in the United States,” explained AAA Director of Public Affairs Eugene LaDoucer. “In the latest data I just received this morning 479 stranded motorists were killed. There are routine reports of law enforcement, ambulance drivers, and firefighters being struck alongside the road when they are performing their duties. This is a widespread problem.”
LaDoucer says many of the incidents happen at night when the emergency lights are most visible. He also adds that this new law will be a step in the right direction when it comes to keeping all motorists safe.
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www.kxnet.com
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New state law aims to protect stranded motorists
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https://www.kxnet.com/news/state-news/new-state-law-aims-to-protect-stranded-motorists/
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[
"Tristan Thomas"
] |
2023-08-01 00:43:29+00:00
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2023-07-31 22:16:46
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On this week’s edition, the All-American wrestler stopped by Belcourt as a guest technician prior to his final year of college wrestling at one of the top programs in the nation.
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https%3A%2F%2Fwww.kxnet.com%2Fafter-the-whistle%2Fafter-the-whistle-jared-franek-teaches-wrestling-skills-life-lessons-at-turtle-mountain%2F.json
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On this week’s edition, the All-American wrestler stopped by Belcourt as a guest technician prior to his final year of college wrestling at one of the top programs in the nation.
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www.kxnet.com
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After the Whistle: Jared Franek teaches wrestling skills, life lessons at Turtle Mountain
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https://www.kxnet.com/after-the-whistle/after-the-whistle-jared-franek-teaches-wrestling-skills-life-lessons-at-turtle-mountain/
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[
"Brooke Williams"
] |
2023-08-01 00:44:45+00:00
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2023-08-01 00:20:13
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Country artist Luke Bryan invited a local girl backstage after he heard her story.
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https%3A%2F%2Fwww.kxnet.com%2Fnews%2Fnational-news%2Fluke-bryan-invites-colorado-girl-with-terminal-cancer-backstage%2F.json
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DENVER (KDVR) — Country artist Luke Bryan invited a Denver-area girl backstage after he heard her story.
Mary Stegmueller, 7, has been battling terminal brain cancer since she was 4 years old. She’s a serious Luke Bryan fan, and she really wanted to see his show in Denver on Saturday.
But she is immunocompromised and cannot stand for long durations, so her family thought the concert was off the table until an anonymous donor gave them a private suite for the show.
Her family said they’re unbelievably grateful to the anonymous donor.
Mary got a quick hug from the country star back in 2021 after a concert, but this time, she was hoping for another chance to have a conversation with him.
Country artist Luke Bryan invited a local girl backstage after he heard her story. (Kristin Stegmueller)
Country artist Luke Bryan invited a local girl backstage after he heard her story. (Kristin Stegmueller)
Country artist Luke Bryan invited a local girl backstage after he heard her story. (Kristin Stegmueller)
After Bryan saw FOX31’s story about her wanting to meet him, the family said he invited her backstage for a meet and greet before the show. Photos show Mary hanging out with her country idol, who gave her a hug as they posed for the camera.
Mary begins her 43rd round of radiation on Monday.
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www.kxnet.com
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Child with cancer gets invited back stage to Luke Bryan concert
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https://www.kxnet.com/news/national-news/luke-bryan-invites-colorado-girl-with-terminal-cancer-backstage/
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[
"Susannah Sudborough"
] |
2023-08-01 01:27:26+00:00
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2023-08-01 01:12:10
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Under the order, new municipal buildings in Boston cannot use natural gas or heating oil. They must be designed to be all-electric.
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https%3A%2F%2Fwww.boston.com%2Fnews%2Fpolitics%2F2023%2F07%2F31%2Fmichelle-wu-bans-fossil-fuels-boston-owned-buildings%2F.json
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Politics Mayor Wu bans fossil fuels from new municipal buildings and major renovations Under the order, new municipal buildings in Boston cannot use natural gas or heating oil. They must be all-electric instead. Boston Mayor Michelle Wu shows the executive order she just signed that eliminates fossil fuel usage in new construction and major renovations of city buildings. Pat Greenhouse/The Boston Globe
Boston Mayor Michelle Wu issued an executive order Monday that bans the use of fossil fuels in new city-owned buildings and major renovations of municipal buildings.
The order mandates that all new construction and major renovation of city-owned buildings be designed so that HVAC, hot water, and cooking systems do not use fossil fuels or connect to existing fossil fuel systems.
Furthermore, any construction project that replaces a municipal building’s heating, ventilation, air conditioning, hot water, or cooking system must now choose a system that doesn’t use fossil fuels, according to a press release.
The order is meant to curb the city’s carbon emissions from buildings, which, the release said, amounts to 70% of the city’s greenhouse gas footprint. The latest in Wu’s efforts to decarbonize the city, the order will work towards Wu’s goal of zero emissions by 2050.
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“Week after week, we see the signs of extreme heat, storms, and flooding that remind us of a closing window to take climate action,” Wu said in the release. “The benefits of embracing fossil fuel-free infrastructure in our city hold no boundary across industries and communities, and Boston will continue using every possible tool to build the green, clean, healthy, and prosperous future our city deserves.”
How the order will impact the city
The order takes effect immediately, but projects currently in procurement, design, or construction are exempt. The order defines “major renovations” as projects where structural work is planned in 75% or more of a building’s square footage.
Municipal carbon emissions account for 2.3% of Boston’s emissions, the release said. Additionally, city government owns over 16 million square feet of property in the city, spread across over 380 buildings, including dozens of schools and public housing units.
At a press conference Monday, Wu called the order a “major undertaking,” WBUR reported.
The decarbonization of municipal buildings is expected to spur job creation in the planning and construction sector, improve air quality in the buildings themselves, and reduce municipal spending on energy, the release said.
“I think it will cost the city more money, but in the long run, I think it’s a good investment,” Larry DiCara, a former Boston city councilor and real estate attorney, told WBUR Monday.
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To support this effort, Wu’s office will begin assessing the condition of municipal buildings to try to identify opportunities for decarbonization, the release said. The FY 24-28 Capital Plan includes over $130 million for building design projects that advance decarbonization.
“The lab sector is particularly difficult to get to 100% electric,” Tamara Small, a commercial real estate executive, told WBUR Monday. “So seeing how the city — with perhaps some additional public sector resources — could get there, will be helpful for us.”
Wu’s other recent decarbonization efforts
Earlier this month, Wu announced plans to make city transportation greener by adding more bike lanes, starting an e-bike rebate program, and offering free Bluebikes subscriptions, among other initiatives.
Back in March, the mayor took two big steps towards decarbonizing the city’s buildings.
Wu proposed the city adopt an optional state building code that requires new buildings that use fossil fuels to be fitted with hook-ups that allow for a future switch to all-electric energy.
Additionally, her office announced the creation of a new grant program that would fund the retrofitting of large income-restricted apartment buildings with green energy hook-ups.
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www.boston.com
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Mayor Wu bans fossil fuels from new city-owned buildings
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https://www.boston.com/news/politics/2023/07/31/michelle-wu-bans-fossil-fuels-boston-owned-buildings/
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[
"Associated Press"
] |
2023-08-01 01:27:20+00:00
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2023-08-01 00:48:00
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Cloud's publicist, Cait Bailey, said Cloud died Monday at his family home in Oakland, California. No cause of death was given.
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https%3A%2F%2Fwww.boston.com%2Fculture%2Fentertainment%2F2023%2F07%2F31%2Fangus-cloud-breakout-star-of-euphoria-is-dead-at-25%2F.json
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Entertainment Angus Cloud, breakout star of ‘Euphoria,’ is dead at 25 Cloud's publicist said Cloud died Monday at his family home in Oakland, California. No cause of death was given. Angus Cloud attends the Los Angeles premiere of the new HBO series "Euphoria" at the Cinerama Dome Theatre in Hollywood, California, on June 4, 2019. Photo by CHRIS DELMAS/AFP via Getty Images
LOS ANGELES (AP) — Angus Cloud, the actor who starred as the drug dealer Fezco “Fez” O’Neill on the HBO series “Euphoria,” has died. He was 25.
Cloud’s publicist, Cait Bailey, said Cloud died Monday at his family home in Oakland, California. No cause of death was given.
In a statement, Cloud’s family said goodbye to “an artist, a friend, a brother and a son.
“Last week he buried his father and intensely struggled with this loss,” the family said. “The only comfort we have is knowing Angus is now reunited with his dad, who was his best friend. Angus was open about his battle with mental health and we hope that his passing can be a reminder to others that they are not alone and should not fight this on their own in silence.”
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“We hope the world remembers him for his humor, laughter and love for everyone,” his family added.
Cloud hadn’t acted before he was cast in “Euphoria.” He was walking down the street in New York when casting scout Eléonore Hendricks noticed him. Cloud was resistant at first, suspecting a scam. Then casting director Jennifer Venditti met with him and series creator Sam Levinson eventually made him a co-star in the series alongside Zendaya for its first two seasons.
To some, Cloud seemed so natural as Fez that they suspected he was identical to the character — a notion that Cloud pushed back against.
“It does bother me when people are like, ‘It must be so easy! You get to go in and be yourself.’ I’m like, ‘Why don’t you go and do that?’ It’s not that simple,” Cloud told Variety. “I brought a lot to the character. You can believe what you want. It ain’t got nothing to do with me.”
The part made Cloud the breakout star of one the buzziest shows in television. He had a supporting role in his first film, “The Line,” a college drama starring Alex Wolff and John Malkovich that premiered earlier this year at the Tribeca Festival. Cloud was recently cast to co-star in “Scream 6.” He’s also made cameos in music videos for Juice WRLD, Becky G and Karol G.
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The third season of “Euphoria” hasn’t yet begun filming.
“We are incredibly saddened to learn of the passing of Angus Cloud,” HBO said in a statement. “He was immensely talented and a beloved part of the HBO and ‘Euphoria’ family. We extend our deepest condolences to his friends and family during this difficult time.”
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www.boston.com
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Angus Cloud, breakout star of 'Euphoria,' is dead at 25
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https://www.boston.com/culture/entertainment/2023/07/31/angus-cloud-breakout-star-of-euphoria-is-dead-at-25/
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[
"Luke Manning"
] |
2023-08-01 01:26:33+00:00
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2023-07-31 21:30:15
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https%3A%2F%2Fwww.laughingplace.com%2Fw%2Fnews%2F2023%2F07%2F31%2Fstaggs-and-meyer-espn-consultancy%2F.json
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Two former Disney executives, Tom Staggs and Kevin Mayer, have been enlisted in a consulting capacity by Disney to help “analyze and develop strategic options for ESPN,” according to Variety.
What’s Happening:
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www.laughingplace.com
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Former Disney Executives Tom Staggs and Kevin Mayer to Consult on Strategic Options for ESPN
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https://www.laughingplace.com/w/news/2023/07/31/staggs-and-meyer-espn-consultancy/
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[
"Luke Manning"
] |
2023-08-01 01:26:27+00:00
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2023-07-31 22:26:24
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https%3A%2F%2Fwww.laughingplace.com%2Fw%2Fnews%2F2023%2F07%2F31%2Fnot-so-scary-new-and-updated-entertainment%2F.json
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www.laughingplace.com
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New and Updated Entertainment Revealed for Mickey’s Not-So-Scary Halloween Party
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https://www.laughingplace.com/w/news/2023/07/31/not-so-scary-new-and-updated-entertainment/
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[
"Mike Mack"
] |
2023-08-01 01:25:53+00:00
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2023-07-31 21:29:31
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https%3A%2F%2Fwww.laughingplace.com%2Fw%2Fnews%2F2023%2F07%2F31%2Fdisneys-haunted-mansion-finishes-third-in-weekend-box-office-behind-barbie-and-oppenheimer%2F.json
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Disney’s Haunted Mansion film materialized in theaters last weekend but the box officer earnings of the new film aren’t exactly raising spirits.
According to Variety
That leaves the movie with a steep hill to climb to reach the $150 million threshold it needs to pass to be considered profitable.
It’s also a disappointment that, in the film’s opening weekend, it could not surpass the earnings of Warner Bros’ Barbie or Universal’s Oppenhaimer , which topped the box office for the second week in a row.
or Universal’s , which topped the box office for the second week in a row. Barbie dwarfed Haunted Mansion’s earnings, raking in another $93 million domestically, brining its total to $351 million.
dwarfed earnings, raking in another $93 million domestically, brining its total to $351 million. Oppenheimer remained significantly behind its “Barbenheimer” counterpart, adding $46 million to bring its domestic total to $174 million.
remained significantly behind its “Barbenheimer” counterpart, adding $46 million to bring its domestic total to $174 million. Other Disney films still bringing in box office numbers include Indiana Jones and the Dial of Destiny
Pixar’s Elemental also added $3.4 million in its seventh weekend, which brings its total to roughly $145 million.
About Disney’s Haunted Mansion:
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www.laughingplace.com
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Disney's "Haunted Mansion" Finishes Third in Weekend Box Office, Behind "Barbie" and "Oppenheimer"
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https://www.laughingplace.com/w/news/2023/07/31/disneys-haunted-mansion-finishes-third-in-weekend-box-office-behind-barbie-and-oppenheimer/
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[
"Luke Manning"
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2023-08-01 01:25:39+00:00
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2023-07-31 23:45:55
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https%3A%2F%2Fwww.laughingplace.com%2Fw%2Fnews%2F2023%2F07%2F31%2Fabc-news-studios-sound-of-the-police%2F.json
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ABC News Studios has announced a new Hulu Original documentary, Sound of the Police, which begins streaming on Friday, August 11th.
What’s Happening:
Sound of the Police examines the fraught relationship between African Americans and the police, often rife with tension, fear, suspicion and hostility on all sides. Framed by some of the most recent conflicts between Black Americans and police officers, which garnered national media attention, the film traces the country’s complex racial history that set the path for policing in Black communities and fuels the ongoing conflict between African American communities and law enforcement.
examines the fraught relationship between African Americans and the police, often rife with tension, fear, suspicion and hostility on all sides. Framed by some of the most recent conflicts between Black Americans and police officers, which garnered national media attention, the film traces the country’s complex racial history that set the path for policing in Black communities and fuels the ongoing conflict between African American communities and law enforcement. From the origins of the first police forces in the South during slavery to the mob violence that erupted against African Americans in the North after the great migration to the more recent high-profile cases forever etched in America’s collective conscience, Sound of the Police tells the story of a troubled, complex and volatile relationship and exactly how the country got here. The documentary also looks at contemporary efforts to confront and resolve that conflict.
tells the story of a troubled, complex and volatile relationship and exactly how the country got here. The documentary also looks at contemporary efforts to confront and resolve that conflict. Sound of the Police is directed by Emmy Award-winning and Oscar-nominated filmmaker Stanley Nelson and co-directed by Valerie Scoon.
is directed by Emmy Award-winning and Oscar-nominated filmmaker Stanley Nelson and co-directed by Valerie Scoon. Produced by Firelight Films for ABC News Studios, the feature-length documentary, which will have a special preview screening at the BlackStar Film Festival followed by its official world premiere at the Martha’s Vineyard African American Film Festival, will begin streaming Friday, August 11th, only on Hulu.
What They’re Saying:
Director Stanley Nelson: “This film couldn’t be more timely, but it also closely connects to much of the history that I’ve explored in my past work — from the Civil War-era slave patrols, the advent of Jim Crow at the turn of the century, the uprisings against police brutality in the latter half of the 20th century to the many acts of police violence against African Americans that we’ve witnessed in the media in recent times. We’re thrilled to partner with ABC News Studios on this important project and look forward to sharing and discussing the film with audiences.”
“This film couldn’t be more timely, but it also closely connects to much of the history that I’ve explored in my past work — from the Civil War-era slave patrols, the advent of Jim Crow at the turn of the century, the uprisings against police brutality in the latter half of the 20th century to the many acts of police violence against African Americans that we’ve witnessed in the media in recent times. We’re thrilled to partner with ABC News Studios on this important project and look forward to sharing and discussing the film with audiences.” Co-director Valerie Scoon: “It’s been a rewarding experience working with Stanley and Firelight Films on this project. While much of my work as a director and producer has engaged with African American history, this film is particularly personal. Stanley and I are both parents of young adults, and that perspective has informed the importance we place on examining the history of the relationship between law enforcement and the Black community. We hope this film will inspire conversations that will save lives and build stronger communities.”
“It’s been a rewarding experience working with Stanley and Firelight Films on this project. While much of my work as a director and producer has engaged with African American history, this film is particularly personal. Stanley and I are both parents of young adults, and that perspective has informed the importance we place on examining the history of the relationship between law enforcement and the Black community. We hope this film will inspire conversations that will save lives and build stronger communities.” Mike Kelley, head of ABC News Studios: “It is an honor for ABC News Studios to be working with incredible storytellers Stanley Nelson and Valerie Scoon. They have an unparalleled ability to detail the lives of Black Americans as they do so thoughtfully in their examination of the complex relationship with law enforcement in Sound of the Police.”
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www.laughingplace.com
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ABC News Studios Announces New Hulu Original Documentary "Sound of the Police"
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https://www.laughingplace.com/w/news/2023/07/31/abc-news-studios-sound-of-the-police/
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