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PHILADELPHIA, July 31, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today published its 2022 Sustainability Report, with the theme Reimagining Possibilities. The report provides updates on the company's progress against its 2030 and 2040 sustainability goals, includes new disclosures and reaffirms Livent's commitment to responsible production and expansion.
Paul Graves, president and chief executive officer of Livent, commented: "We believe the lithium industry will play an increasingly important role in the clean energy transition towards a more sustainable, low-carbon future. Our 2022 Sustainability Report demonstrates how Livent is reimagining what's possible for producing more of the lithium the world needs while continuing to lead our industry forward in corporate social responsibility, environmental stewardship and transparency."
Report Highlights:
- Initial global Scope 3 screening of Livent's Greenhouse Gas (GHG) emissions and first disclosures on global air pollutants
- Completion of ISO-compliant Life Cycle Assessments (LCAs) for all of Livent's major lithium chemical products, ahead of the original 2025 target
- Achievement of Livent's 2030 Waste Disposed intensity reduction target, ahead of schedule
- Summary of recent water and biodiversity studies conducted at the Salar del Hombre Muerto in Argentina
- Updates on other key collaborations and initiatives to support a low-carbon future, minimize environmental impacts, expand local community engagement and development efforts, protect human rights, and build a more engaged, diverse and inclusive workforce
To view Livent's 2022 Sustainability Report, visit livent.com/sustainability. The report will be made available in multiple languages.
Key ESG metrics in the report were reviewed and assured by ERM Certification and Verification Services (ERM CVS).
About Livent
For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The Company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China and Argentina. For more information, visit Livent.com.
Livent Forward-Looking Statements
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "will continue to," "will likely result," "is on track," "should," "expect," "expects," "intends," "plans," "anticipates," "believe," "believes," "estimates," "predicts," "potential," "continue," "could," "forecast," "future," "is confident that," or "projects," the negative of these terms and other comparable terminology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within Livent's 2022 Form 10-K filed with the SEC as well as other SEC filings and public communications. Livent cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. Livent undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
The Company's investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with federal securities laws.
Media contact: Juan Carlos Cruz +1.215.299.6725
juan.carlos.cruz@livent.com
Investor contact: Daniel Rosen +1.215.299.6208
daniel.rosen@livent.com
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SEATTLE, July 31, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury voyages and expedition travel, took delivery of its second expedition ship, Seabourn Pursuit, today during an official handover maritime ceremony at the T. Mariotti shipyard in Genoa, Italy. Seabourn Pursuit is the company's second purpose-built, ultra-luxury expedition ship and the newest expedition ship in the industry.
"I am honored to share this incredible moment with the entire Seabourn family as we welcome Seabourn Pursuit, our highly anticipated second ultra-luxury expedition ship, into our fleet," expressed Natalya Leahy, Seabourn President. "With remarkable craftsmanship by the Mariotti team, an abundance of space, and the breathtaking style of Tihany Design, Seabourn Pursuit raises the bar for ultra-luxury expedition travel. We are grateful to Mariotti and Tihany Design for their expertise in shaping and making our dream come true for our guests."
Leahy added that the state-of-the-art Seabourn Pursuit will provide the perfect combination of luxury and expedition. "Seabourn Pursuit offers the best of both worlds: our well-known signature luxury and elegance with the world of exploration and adventure. The ship is masterfully designed for our guests, who are extraordinary people looking for out of the ordinary experiences. Our guests will indulge in Seabourn's ultra-luxury style and enjoy our intuitive, personalized service, while the ship takes them to awe-inspiring destinations around the world that only few will ever visit in a lifetime."
"Today, one year after the delivery of Seabourn Venture, we are very happy to have completed and delivered her sister ship, Seabourn Pursuit," said Marco Ghiglione, Managing Director of T. Mariotti. "We are truly proud to have built the most outstanding ultra-luxury expedition ship for Seabourn, one of the leading cruise lines in the luxury market. This is another important masterpiece for Italian shipbuilding coming out of T. Mariotti shipyard, demonstrating again that our leadership in this sector is well consolidated. Thanks to Seabourn, all people involved in this journey, Lloyd's Register and the pencil of Adam Tihany, here is the new expedition jewel."
Seabourn Pursuit offers the same luxurious "yacht like" small ship experience that travelers have come to expect from Seabourn, enhanced by world-class equipment that allows the line to offer its widest range of expedition activities led by an expert 24-person expedition team of scientists, scholars, naturalists, and more. Seabourn Pursuit is designed and built for remote, diverse environments to PC6 Polar Class standards and will include a plethora of modern hardware and technology that will extend the ship's global deployment and capabilities. Seabourn Pursuit has close to 30,000 square feet of deck space and special touches at every turn. Those include indoor and outdoor guest areas with nearly 270-degree views, and a 4K GSS Cineflex Camera mounted on the mast of the Constellation Lounge capable of broadcasting imagery from miles ahead on monitors located throughout the ship and in guest suites.
In addition, Seabourn Pursuit, like the rest of the ships in the Seabourn fleet, offers an abundance of space and elegance, eight dining facilities serving gourmet cuisine, and luxurious all-suite accommodations, including a pair of two-level Wintergarden suites.
Seabourn Pursuit is scheduled to enter service August 12, 2023, and will sail five voyages in the Mediterranean before embarking on two voyages across the Atlantic and through the Caribbean. On October 10, 2023, the ship will arrive in Barbados to begin its expedition journeys, taking guests to remote corners of the globe. Seabourn Pursuit will head south for expeditions exploring coastal South America, the Amazon, and Antarctica into late March 2024.
Following its inaugural Antarctic season, the ship will head across the islands of the South Pacific and eventually to Australia, which will be the start of the line's first exploration of the Kimberley region in the Northern Territory and Western Australia between June and August 2024. The iconic Kimberley, with its red sandstone gorges, rivers, waterfalls, wildlife, and Aboriginal life and history, is the ideal setting for a truly, world-class expedition experience. In addition to the Kimberley, Seabourn Pursuit will visit Papua New Guinea, West Papua, Indonesia, and sail across the South Pacific between Chile and Melanesia between March and October 2024.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).
Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.
Notes to Editors:
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Purpose-built expedition ships, PC6 ice-strengthened hull, with advanced maneuvering technology for superior stability, safety, and comfort
- World-class Expedition Team, delivering immersive experiences
- All veranda, all ocean-front suites luxuriously appointed
- Handcrafted itineraries developed for the expedition traveler to the most coveted and familiar remote destinations in the world
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests' expectations
- Inclusive expedition experiences with Zodiacs, scuba diving and snorkeling
- Optional expedition experiences with kayaks and custom-built, 6-guest submarines giving the option to extend your expedition further for greater ocean exploration**
- Welcome toast and complimentary in-suite bar stocked with your preferences
- Hosted bridge policy* with Expedition team members providing firsthand access to the ship's command center and officers navigating your journey
- World-class dining venues are all complimentary, dine where, when and with whom you wish
- Tipping is neither required, nor expected
- Complimentary premium spirits and fine wines available on board at all times
- Meticulous and purposeful adventurers' resort at sea designed for the luxury traveler with unique attributes and spaces to enhance your experience
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program**
- Committed to environmental stewardship and sustainability
*At the Captain's discretion
** Optional programs, for additional charge
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SOURCE Seabourn
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PHOENIX (AP) — A hellish and historic 31-day run of temperatures cracking 110 degrees (43 degrees Celsius) in Phoenix appeared headed for a welcome end on Monday, as monsoon rains moved through the region from Mexico.
The relief wasn’t all that great — the day’s highs were forecast near 108 degrees, or about 42 Celsius — and the heat was expected to rise past 110 again later in the week. But residents and visitors were taking what they could get.
“It’s not going to last more than a couple of days, but I’m enjoying this break,” said Christine Bertaux, 76, who was cooling off Monday at a downtown day center for older people who are homeless.
“It has been REALLY hot here!” said Jeffrey Sharpe, of Kenosha, Wisconsin, who was in town for a long weekend that on Monday included watching his son’s poodles frolic in a grassy dog park. “But today it was about 85 degrees, more like Wisconsin.”
High heat blasted much of the Southwest all through July, ranging from West Texas to eastern California. But Phoenix and its suburbs sweltered to new records, including three days where the high reached 119, and overnight lows stayed above 90 more than half the month. Concerts and other outdoor events were cancelled throughout the month because of the heat and busy parts of the city became ghost towns as people stayed indoors to avoid the heat.
Health officials have so far confirmed 25 heat-related deaths in Maricopa County, Arizona’s most populous and home to Phoenix, in July, although that number seems certain to rise. Another 249 deaths are under investigation for links to heat.
Rudy Soliz, who manages the center where Bertaux was cooling off, said those who visit to get a meal and cool off out of the sun “have been having a very hard time this summer.”
“Older people have a harder time with the heat, there are a lot of diabetics, people who take medicines,” he said.
“The heat has been pretty bad this summer. We’ve made at least five 911 calls from here this July for people who got heat stroke,” said Soliz. “They’ve found a couple of bodies around here this month but it’s not clear yet if they died from the heat.”
Although there is no excessive warning for city, the National Weather Service said Phoenix residents should take precautions to stay cool and safe from the heat.
“Even though it’s going to be cooler than it has been, it’s still going to be warmer than normal. And the heat definitely can still affect a large portion of the population,” said Matthew Hirsch, a meteorologist with the National Weather Service in Phoenix. “So we’re still urging people to take the necessary precautions, such as remaining hydrated and limiting outdoor activity.”
Phoenix’s previous record for days of 110 degrees or more was 18 straight, set in 1974, nearly two weeks shorter than the new record.
Hirsch said July 2023 was the city’s hottest month on record. The previous hottest month on record was August 2020.
And August could be even hotter than July, Hirsch said. He said there is a slightly higher chance of temperatures that are above normal in August and there’s an equal chance for the region to get more or less rain than average.
R. Glenn Williamson, a businessman who was born in Canada but has lived in Phoenix for years, said he really noticed a temperature difference Monday morning as he washed his car in his driveway.
“Now we have to get rid of the humidity!” Williamson said. “But honestly, I’d rather have this heat than a Montreal winter.”
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Costley reported from New Orleans.
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Follow Drew Costley on Twitter: @drewcostley.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
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ARMONK, N.Y., July 31, 2023 /PRNewswire/ -- The IBM (NYSE: IBM) board of directors has elected Michael Miebach to the board, effective October 30, 2023.
Michael Miebach, 55, is the chief executive officer of Mastercard Incorporated and a member of its board of directors. An innovator and technologist, Mr. Miebach has led Mastercard, a global technology company in the payments industry, since January 2021. Previously Mastercard's chief product officer, Mr. Miebach has deep experience in digital transformation, cybersecurity and delivering data-driven insights.
Arvind Krishna, IBM chairman and chief executive officer, said: "We are delighted that Michael Miebach will join the IBM board of directors. Michael is an accomplished technologist and international business leader. His insights and experience will strongly benefit IBM and its shareholders."
Mr. Miebach is a member of the Business Roundtable, the Business Council and the International Business Council of the World Economic Forum. He is a trustee of the United States Council for International Business and also serves on the United States Treasury Advisory Committee on Racial Equity.
Mr. Miebach holds a Master of Business Administration from the University of Passau in Germany.
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SOUTH BEND, IN — Once again, Notre Dame is going to be donning their most famous alternate jersey, doing so with a design that’s both new and old.
The Fighting Irish will do so during arguably their biggest home game of the upcoming 2023 season.
On Monday morning, the school unveiled the green jerseys that they’ll wear during their game against Ohio State at Notre Dame Stadium on Saturday, September 23 at 6:30 p.m. central time.
In a creative twist to the announcement, Notre Dame’s media productions created a spoof of the “Jerry Maguire” movie featuring head coach Marcus Freeman, running back Audric Estime, and quarterback Sam Hartman.
This marks the second-straight year that the Irish have worn the green jerseys, having done so against California last September. This year, they’re replaced blue numerals on the jerseys with white and gone away from the gold pants in favor of green. Players will also have green gloves along with green cleats.
Notre Dame will wear the uniforms on what is a very rare day for the program since they are facing Ohio State for just the seventh time in program history and the fifth in the regular season. It’s the Buckeyes’ first visit to South Bend since 1996 and just the third game between the teams at Notre Dame Stadium.
The other was in 1936 – a 7-2 Irish win over Ohio State on Halloween.
Green jerseys have been worn both as a primary and alternate jersey during a number of points in the storied program’s history. Traditionally, they are brought out for major games for the team at home, neutral site contests, or bowl games.
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Jackpocket Crowns its First $100K Winner in Massachusetts, Partnership With Circle K Offers a New, Convenient Way to Play the Lottery
BOSTON, July 31, 2023 /PRNewswire/ -- Jackpocket, America's #1 lottery app*, launched in Massachusetts in partnership with Circle K, one of the largest convenience store brands in the United States.
Yesterday, a Jackpocket customer ordered a $100,000 winning lottery ticket for the daily "Mass Cash" drawing using the app.
"We are excited that our partnership with Circle K landed our first $100K winner in the Bay State, cementing Jackpocket's presence in Massachusetts," said Peter Sullivan, CEO of Jackpocket. "Jackpocket's mission is to make the lottery more accessible and convenient to play. As Tuesday's Mega Millions crosses the $1 billion mark, it's easier than ever to play your favorite games from anywhere in Massachusetts."
To celebrate the new partnership, Jackpocket is offering lottery fans across the state their first lottery ticket for free on the app. New players will receive a $2 lottery ticket by entering the code HEYMASS at checkout. Lottery fans can play Powerball and Mega Millions—currently over $1.05B—as well as local favorites MassCash (the game responsible for the $100K winning ticket), Megabucks Doubler, Lucky for Life, and The Numbers Game.
"We're proud to partner with Jackpocket in Massachusetts and make this fun and convenient experience available to every lottery player across the state," said Melissa Lessard, the head of North American marketing at Circle K. "At Circle K, we are always looking for ways to make life a little easier for our customers and providing the opportunity for customers to order official state lottery tickets with just the tap of a button through the Jackpocket app is yet another example of that commitment."
Massachusetts is now the 17th state available for lottery play on the Jackpocket app. Jackpocket is iCAP certified for best practices in player protection, backed by the expertise of the National Council on Problem Gambling. To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gambling resources.
*According to data from AppFollow
*Must be 18 or older to play. Jackpocket is not affiliated with and is not an agent of the Massachusetts State Lottery. Please visit jackpocket.com/tos for full terms of service. Gambling Problem? Call 1-800-327-5050.
Are You Our Next BIG Winner? Visit play.jackpocket.com or download Jackpocket for iOS and Android and get in the game. New players can receive a $2 lottery ticket by entering the code HEYMASS at checkout.
About Jackpocket
Jackpocket is on a mission to create a more convenient, fun, and responsible way to take part in the lottery. The first licensed third-party lottery courier app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, Washington D.C., and West Virginia, and is expanding to many new markets. Download the app on iOS and Android or participate via desktop. Follow along on Facebook, Twitter and Instagram.
About Circle K and Alimentation Couche-Tard Inc.
Couche-Tard is a global leader in convenience and mobility, operating in 25 countries and territories, with more than 14,400 stores, of which approximately 11,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong Special Administrative Region of the People's Republic of China. Approximately 128,000 people are employed throughout its network.
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CANBERRA, Australia (AP) — The Australian army helicopter that crashed Friday during a multinational exercise hit the water with a “catastrophic impact” and there is no chance its four crew members survived, officials said Monday.
Australia’s fleet of more than 40 of the MRH-90 Taipan helicopters, made by French Airbus, has been grounded since the crash and there are doubts any will fly again.
They will be grounded until crash investigators determine what caused the tragedy. The government announced in January it plans to replace them with 40 U.S. Black Hawks. The Taipans’ retirement date of December 2024 would be 13 years earlier than Australia had initially planned.
Defense Minister Richard Marles said the search and rescue effort changed Monday to a victim recovery operation with no chance that Capt. Danniel Lyon, Lt. Maxwell Nugent, Warrant Officer Joseph Laycock or Cpl. Alexander Naggs had survived.
“There was a catastrophic incident and with every passing hour, it is now clear that any hope of finding (the four crew) alive has been lost,” Marles told reporters.
The helicopter crashed during a nighttime exercise with the United States and other nations near the Whitsunday Islands on the Great Barrier Reef.
Marles had said on Saturday the helicopter “ditched,” which refers to an emergency landing. But on Monday he would not rule our pilot error or disorientation in the dark causing the crash into the water. He urged against speculation about potential causes.
“There was a catastrophic impact on the helicopter when it hit the water,” Marles said.
“We will move through the process of putting the Black Hawks into service as quickly as we can … and we will not be flying MRH90s until we understand what has happened,” Marles added.
The lost Taipan had been taking part in Talisman Sabre, a biennial U.S.-Australian military exercise that is largely based in Queensland state. This year’s exercise involves 13 nations and more than 30,000 military personnel.
The exercise was continuing on Monday with some changes near the recovery operation, Australian Defense Force Chief Gen. Angus Campbell said.
Campbell thanked the United States and Canada for their help in the search and recovery efforts, which he said was “not an easy operation.”
The wreckage lay in the path of strong currents and tidal movements. It was too deep for standard diving operations.
Part of the airframe had been retrieved by Monday but most of the helicopter remained on the seabed, Campbell said.
It was the second emergency involving an Australian Taipan since March. The fleet was grounded after one ditched into the sea off the New South Wales state coast near the naval base at Jervis Bay during a nighttime counterterrorism training exercise. All 10 passengers and crew members were rescued.
Retired Maj. Gen. Fergus McLachlan was involved in integrating the Taipan into the Australian army when they arrived in 2007 and had been responsible for keeping them airworthy. He said the Taipan did not have the proven record of the Lockheed Martin-designed Black Hawks.
“We bought into an unproven system. In real terms, it was a developmental aircraft and it has never really matured,” McLachlan told Australian Broadcasting Corp.
“It was always a battle to maintain it and keep it flying,” McLachlan added.
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Companies combine expertise to deliver innovative technology solutions for arenas, stadiums, convention and exhibition centers, and performing arts venues
TUCSON, Ariz., July 31, 2023 /PRNewswire/ -- Simpleview and ASM Global are pleased to announce a partnership created to provide a unified network of websites and technology solutions for the ASM Global portfolio of venues. The partnership was strategically designed to develop cohesive branding powered by a best-in-class technology stack and ticketing integrations that promote visitors and drive web conversions for arenas, stadiums, convention and exhibition centers, and performing arts venues.
Simpleview, a leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and ASM Global, the world's leading venue management and services company, will serve the meetings and events ecosystem; by leveraging Simpleview's advanced technology and ASM Global's extensive global network, this partnership will enable clients to create captivating digital experiences that drive engagement and ticket sales and enhance venue marketing efforts.
Highlights of the partnership include:
- Enhanced Website Capabilities: a new generation of website solutions with state-of-the-art features and functionalities equipped with user-friendly content management systems, robust event and ticketing integrations, interactive mapping tools, and seamless integration with social media platforms
- Personalized Experiences: clients can deliver tailored content and offers to individual users, ensuring a highly personalized and engaging journey for every visitor
- Mobile-Optimized Design: prioritization of mobile optimization, ensuring that websites are fully accessible across all screen sizes and platforms
- Data-Driven Insights: comprehensive analytics and reporting gain insights into visitor behavior, marketing performance, and conversion rates so venues can make informed decisions and optimize marketing strategies effectively
"ASM Global is thrilled to work in partnership with Simpleview to create a cohesive, best-in-class website solution for our diverse global portfolio of stadiums, arenas, theaters, and convention centers," said Alex Merchán, chief marketing officer at ASM Global. "From the start of this relationship, Simpleview has impressed us with its tech stack, service offering, data-driven approach, and talented team. We look forward to building and scaling this partnership in the years ahead."
About Simpleview
Simpleview is a worldwide leading provider of CRM, CMS, website design, digital marketing services, and data insights for convention bureaus, venues, tourism boards, destination marketing organizations (DMOs), and attractions. The company employs staff across the globe, serving clients of all sizes, including small towns, world capitals, top meeting destinations, and countries across multiple continents.
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SOURCE SIMPLEVIEW
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At about summer’s halfway point, the record-breaking heat and weather extremes are both unprecedented and unsurprising, hellish yet boring in some ways, scientists say.
Killer heat. Deadly floods. Smoke from wildfires that chokes.
And there’s no relief in sight.
Expect a hotter than normal August and September, American and European forecast centers predict.
“We are seeing unprecedented changes all over the world,” said NASA climate scientist Gavin Schmidt. “The heat waves that we’re seeing in the U.S. and in Europe, in China are demolishing records left, right and center. This is not a surprise.”
Imperial College of London climate scientist Friederike Otto said examining what’s causing heat waves is “boring” in a way since it keeps happening. Yet she added that it matters “because it shows again just how much climate change plays a role in what we are currently experiencing.”
“This story, these impacts, are going to continue,” Schmidt said. “We’re going to be seeing this pretty much this year and into next year” with a natural El Nino warming of the Pacific adding to the overwhelming influence of human-caused climate change largely from the burning of coal, oil and gas.
Here’s a rundown of the summer of Earth’s discontent.
RECORD-SHATTERING HEAT
Globally, June this year was the hottest June on record — and scientists say July has been so hot that even before the month was over they could say it was the hottest month on record. But it’s individual places where people live that the heat has stuck around and killed.
Phoenix, where the last day of June and each day of July has been at least 110 degrees (43 degrees Celsius), set records for the longest mega-heat streak and longest stretch when the temperatures didn’t go below 90 degrees (32 degrees Celsius) at night.
El Paso, Texas, had 44 days of 100 degree (37 degree) heat. Schools closed in Nuevo Leon state in northern Mexico a month earlier than usual as temperatures reached 113 degrees (45 Celsius).
Farther east, Miami added humidity to high heat for 46 straight days of feels-like temperatures of 100 or more.
Beijing had its own record streak with at least 27 days of 95 degrees (35 Celsius) in July, after a three-day streak of at least 104 (40 Celsius) in June. And the country set it’s all-time highest temperature on July 16 in remote Sanbao township with 126 degrees (52.2 Celsius).
Heat records fell all over southern Europe. Sardinia, Italy, hit 117 (47 Celsius). Palermo in Sicily broke a record that goes back to 1791 by a whopping 3.6 degrees (2 degrees Celsius). Temperatures hit 115 (46 Celsius) in Gytheio, Greece.
Spain reported nearly 1,000 excess deaths from the heat, mostly among the elderly, by mid July.
In Argentina, where it’s mid-winter, temperatures were above 89.6 (32 Celsius) four straight days in June in the northern part of the county. One July night in Buenos Aires didn’t get below the 70s (low 20s Celsius).
TOO MUCH RAIN
More than 10,000 people had to be evacuated in central Hunan province in China where heavy rainfall caused at least 70 houses to collapse. In Yichang, rain triggered a landslide that buried a construction site and killed at least one person.
Australia’s Queensland outback got 13 times its normal monthly July rain in just one day.
Thousands of people were evacuated from Delhi in India as rains caused flash floods and landslides. Elsewhere in the country at least 100 people were killed by the downpours.
In the United States, sudden heavy rain killed people in Vermont, Connecticut and Pennsylvania with tragic stories of children washed away in flooding.
WILDFIRES AND SMOKE
Too little rain in Greece and Spain fed wildfires that proved difficult to fight. In the Canary Islands, a fire caused 4,000 people to evacuate, others to wear face masks and had 400 firefighters battling it.
Hot and dry conditions caused about 160 wildfires to break out in Israel in early June.
But what really brought fires home happened in parts of Canada where few people live. Rare far northern Quebec wildfires triggered nasty smoke that inflicted the world’s dirtiest air on cities like New York and Washington, then switched to the Midwest.
As of late July more than 600 wildfires were out of control in Canada. A record 47,490 square miles (123,000 square kilometers) burned, and fire season isn’t near done. That’s an area larger than the state of Pennsylvania or North Korea.
WATER TEMPERATURES
Water temperatures in the Florida Keys and off the Everglades hit the high 90s (high 30s Celsius) with Manatee Bay breaking 100 degrees twice in what could be an unofficial world record for surface water temperature, although that’s in dispute.
The North Atlantic had hot spots that alarmed scientists. The world’s oceans as a whole were their hottest ever in June and got even hotter in July. In Antarctica, sea ice smashed record-low levels.
Ocean temperatures take a long time to warm up and cool down, said University of Northern Illinois meteorology professor Victor Gensini. So it doesn’t look good for the rest of the summer, he said.
A HOT FORECAST
“We are favoring above normal temperatures for the next three months,” said NOAA Climate Prediction Center meteorologist Matt Rosencrans.
The only potential relief he sees, especially in the hot Atlantic and Gulf of Mexico, is if a hurricane or tropical storm moves through.
The peak of hurricane season in September hasn’t even started.
When going through the litany of this summer’s weather extremes so far, University of Pennsylvania climate scientist Michael Mann had one question: “How on God’s Earth are we still burning fossil fuels after witnessing all this?”
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Researcher Rhonda Shafner contributed to this report from New York. ___
Follow AP’s climate and environment coverage at https://apnews.com/hub/climate-and-environment
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Follow Seth Borenstein on Twitter at @borenbears
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Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
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IEEE Transactions on Pattern Analysis and Machine Intelligence (TPAMI) achieves highest impact factor among Computer Society journals
LOS ALAMITOS, Calif., July 31, 2023 /PRNewswire/ -- The IEEE Computer Society (CS), the leading global computer science and engineering member community, announced today that its journal IEEE Transactions on Pattern Analysis and Machine Intelligence (TPAMI) earned the highest 2022 Journal Impact Factor™ (JIF™) of all IEEE CS publications, securing the top spot among artificial intelligence journals.
"Computer science and engineering represent some of the most prominent, promising areas of research today," said Nita Patel, president, IEEE CS. "As the number of papers in our field continues to climb, paper acceptance gets increasingly competitive, and our editors work tirelessly to ensure that only the top papers make their way into our journals. We're thrilled to, once again, hold top impact factor rankings, and we thank all of our volunteers for their commitment to excellence."
Impact factor measures the frequency with which the average article in a publication has been cited in a particular year. The calculation is based on a two-year period and involves dividing the number of times articles were cited by the number of articles that are citable. It offers a key metric to assess the overall strength and industry influence of a particular publication.
Overall, 11 IEEE CS journals now hold the coveted top impact factor ranking in their specialty field. The following four publications join TPAMI to round out the top five highest-ranked IEEE CS journals:
- IEEE Transactions on Affective Computing (TAC)
- IEEE Transactions on Knowledge and Data Engineering (TKDE), a new entrant to IEEE CS' top five journals
- IEEE Transactions on Services Computing (TSC)
- IEEE Transactions on Mobile Computing (TMC), a new entrant to IEEE CS' top five journals
In addition, IEEE CS' fully open access publication, IEEE Open Journal of the Computer Society, received its first impact factor in Clarivate's Emerging Sources Citation Index™ (ESCI), which features newly launched, niche, and open access journals publishing high-quality research on a range of topics. This is the first year Clarivate included the multidisciplinary ESCI in its JIF review.
"We're thrilled that IEEE Open Journal of the Computer Society had the opportunity to be recognized this year," said Greg Byrd, IEEE CS VP of Publications. "With the innovative research it brings to the field, it is certain to have a long-standing impact on the computer science and engineering community."
Impact factor applies not only to scientific and engineering journals but to technical magazines as well. Those IEEE CS publications with the highest impact factor rankings include:
"One of the most important things about impact factor rankings is that they point to the most highly researched topics in the field," said Patel. "This year, there's a heavy focus on artificial intelligence, data science, and mobile computing. It will be interesting to watch the evolution of these topics and the advances that arise from papers presented in Computer Society publications."
JIF rankings are released annually in Clarivate's Journal Citation Reports™ (JCR™). These reports evaluate more than 21,500 high-quality academic journals from across more than 250 scientific and research disciplines.
To learn more about IEEE Computer Society journals and the research they offer, visit https://www.computer.org/publications.
About the IEEE Computer Society
Engaging computer engineers, scientists, academia, and industry professionals from all areas of computing, the IEEE Computer Society (CS) sets the standard for the education and engagement that fuels continued global technological advancement. Through conferences, publications, and programs, and by bringing together computer science and engineering leaders at every phase of their career for dialogue, debate, and collaboration, IEEE CS empowers, shapes, and guides the future of not only its members, but the greater industry, enabling new opportunities to better serve our world. Visit computer.org for more information.
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HELSINKI (AP) — Denmark’s foreign minister said Sunday the government will seek to make it illegal to desecrate the Quran or other religious holy books in front of foreign embassies in the Nordic country.
Foreign Minister Lars Løkke Rasmussen said in an interview with the Danish public broadcaster DR that the burning of holy scriptures “only serves the purpose of creating division in a world that actually needs unity.”
“That is why we have decided in the government that we will look at how, in very special situations, we can put an end to mockery of other countries, which is in direct conflict with Danish interests and the safety of the Danes,” he said.
A recent string of public Quran desecrations by a handful of anti-Islam activists in Denmark and neighboring Sweden have sparked angry demonstrations in Muslim countries.
Løkke Rasmussen said the Cabinet of Prime Minister Mette Frederiksen is determined to find “a legal tool” to prohibit such acts without compromising freedom of expression, but he acknowledged that would not be easy.
“There must be room for religious criticism, and we have no thoughts of reintroducing a blasphemy clause,” he told DR. “But when you stand up in front of a foreign embassy and burn a Quran or burn the Torah scroll in front of the Israeli embassy, it serves no other purpose than to mock.”
His comments followed a statement issued late Sunday by the Danish government saying freedom of expression is one of the most important values in Danish society.
But, it added, the descreation of the Muslim holy book in Denmark has resulted in the nation being viewed in many places around the world “as a country that facilitates insult and denigration of the cultures, religions, and traditions of other countries.”
The government repeated its condemnation of such descecrations, say they are “deeply offensive and reckless acts committed by few individuals” and “do not represent the values the Danish society is built on.”
In Sweden, Prime Minister Ulf Kristersson said Sunday on Instagram that his government is analyzing the legal situation regarding desecration of the Quran and other holy books, given the animosity such acts are stirring up against Sweden.
“We are in the most serious security policy situation since the Second World War,” Kristersson said.
The Organization of Islamic Cooperation has called an emergency remote meeting Monday to discuss the Quran burnings in Sweden and Denmark.
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Tech Veteran Brings Nearly Three Decades of Experience to Help Drive Growth for Leading Fast-Casual Mexican Restaurant
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Modern Restaurant Concepts ("MRC"), a leading fast-casual restaurant platform comprised of the QDOBA and Modern Market Eatery brands, announced that Prashant Budhale has joined the company as Chief Technology Officer. Budhale brings more than 28 years of experience in technology leadership to MRC, and as CTO, will lead all technology across MRC brands.
"We are excited for Prashant to join the MRC team," said John Cywinski, CEO of Modern Restaurant Concepts. "I view technology as a foundational enabler of all that we do in the restaurant business, from a guest, team member, and corporate enterprise perspective. Prashant will lead our strategy to drive technology as a powerful brand differentiator, and he will be a terrific collaborator with our existing leadership team as well as our franchise partners moving forward."
"I'm excited about QDOBA's history of strong same store sales growth, potential for net unit growth, and the ability for technology to make a positive impact to both guest and team member experiences," Budhale said. "I'm also very encouraged by John's vision and Butterfly Equity's commitment to the growth of brands within MRC portfolio."
Prior to joining Modern Restaurant Concepts, Budhale served as Head of Technology for SONIC Drive-In, part of the Inspire Brands portfolio. At SONIC, he was responsible for the vision, development, and implementation of all technology initiatives across the 3,550 unit, $6B brand. Prior to SONIC, Prashant was Senior Director for Pizza Hut, part of YUM! Brands, where he led retail technology. Earlier in his career, Prashant worked as a software development consultant with IBM, Allstate, Oracle, Capgemini, and Fujitsu America.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
For more information on the company, please visit www.QDOBA.com or follow the brand on Instagram, Facebook, Twitter and TikTok.
About Modern Restaurant Concepts
Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America with nearly 800 units across two brands, QDOBA and Modern Market Eatery. The system operates corporate-owned and franchised units across nearly every U.S. state as well as Canada and Puerto Rico. Modern Restaurant Concepts is owned by Butterfly Equity, a Los Angeles-based private equity firm specializing in the food sector, with more than $10 billion of equity capital in companies ranging from growth-stage to Fortune 500 enterprises.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
Modern Market Eatery is a food forward, sustainable fast casual restaurant concept that operates in Colorado, Texas, Arizona, and Indiana. Delivering the freshness and flavors of the market in a modern dining format and environment, Modern Market Eatery's menu of protein-centric bowls, garden fresh salads, toasted sandwiches and brick-oven pizzas redefine what it means to eat well at a reasonable price. For additional information about Modern Market Eatery, please visit www.modernmarket.com.
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BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023.
ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.40 trillion in assets under management as of June 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, Twitter, YouTube, and troweprice.com/newsroom.
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PHOENIX (AP) — Phoenix sizzled through its 31st consecutive day of at least 110 degrees Fahrenheit (43.3 Celsius) and other parts of the country grappled Sunday with record temperatures after a week that saw significant portions of the U.S. population subject to extreme heat.
The National Weather Service said Phoenix climbed to a high of 111 F (43.8 Celsius) before the day was through.
July has been so steamy thus far that scientists calculate it will be the hottest month ever recorded and likely the warmest human civilization has seen. The World Meteorological Organization and the European Union’s Copernicus Climate Change Service on Thursday proclaimed July beyond record-smashing.
The historic heat began blasting the lower Southwest U.S. in late June, stretching from Texas across New Mexico and Arizona and into California’s desert.
On Sunday, a massive wildfire burning out of control in California’s Mojave National Preserve spread rapidly amid erratic winds, while firefighters reported progress against another major blaze to the south that prompted evacuations.
The York Fire that erupted Friday near the remote Caruthers Canyon area of the preserve sent up a huge plume of smoke visible nearly 100 miles (160 kilometers) away across the state line in Nevada.
Flames 20 feet (6 meters) high in some spots have charred more than 110 square miles (284 square kilometers) of desert scrub, juniper and Joshua tree woodland, according to a Sunday update.
“The dry fuel acts as a ready ignition source, and when paired with those weather conditions it resulted in long-distance fire run and high flames, leading to extreme fire behavior,” authorities said. No structures were threatened, but there was also no containment.
To the southwest, the Bonny Fire was holding steady at about 3.4 square miles (8.8 square kilometers) in rugged hills of Riverside County. More than 1,300 people were ordered to evacuate their homes Saturday near the remote community of Aguanga, California.
Triple-digit heat was expected in parts of the central San Joaquin Valley through Monday, according to the National Weather Service.
And in Burbank, California, about 10 miles (16 kilometers) north of Los Angeles, the summer heat may have been responsible for some unusual behavior in the animal kingdom: Police in the city responded to a report of a bear sighting in a residential neighborhood and found the animal sitting in a Jacuzzi behind one of the homes.
As climate change brings hotter and longer heat waves, record temperatures across the U.S. have killed dozens of people, and the poorest Americans suffer the most. Air conditioning, once a luxury, is now a matter of survival.
Last year, all 86 heat-related deaths indoors were in uncooled environments.
“To explain it fairly simply: Heat kills,” said Kristie Ebi, a University of Washington professor who researches heat and health. “Once the heat wave starts, mortality starts in about 24 hours.”
It’s the poorest and people of color, from Kansas City to Detroit to New York City and beyond, who are far more likely to face grueling heat without air conditioning, according to a Boston University analysis of 115 U.S. metro areas.
Back in Phoenix, slight relief may be on the way as expected seasonal thunderstorms could drop temperatures Monday and Tuesday.
“It should be around 108 degrees, so we break that 110 streak,” meteorologist Tom Frieders said. “Increasing cloud cover will put temperatures in a downward trend.”
The relief could be short-lived, however. Highs are expected to creep back to 110 F (43.3 C) Wednesday with temperatures reaching 115 F (46.1 C) by the end of the week.
Phoenix has also sweated through a record 16 consecutive nights when the lows temperature didn’t dip below 90 F (32.2 C), making it hard for people to cool off after sunset.
Meanwhile, Las Vegas continues to flirt with its hottest July ever. The city is closing in on its 2010 record for the average of the high and low each day for July, which stands at 96.2 F (35.5 C).
The extreme heat is also hitting the eastern U.S, as soaring temperatures moved from the Midwest into the Northeast and Mid-Atlantic, where some places recorded their warmest days so far this year.
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LINKBANCORP, Inc. Announces Second Quarter 2023 Financial Results
Published: Jul. 31, 2023 at 3:30 PM CDT|Updated: 16 minutes ago
HARRISBURG, Pa., July 31, 2023 /PRNewswire/ -- LINKBANCORP, Inc. (NASDAQ: LNKB) (the "Company"), the parent company of LINKBANK (the "Bank") reported net income of $1.35 million, or $0.08 per diluted share, for the quarter ended June 30, 2023. Excluding merger related expenses, adjusted earnings were $1.60 million1, or $0.101 per diluted share for the second quarter of 2023.
Second Quarter 2023 Highlights
Total deposits grew $50.3 million, or 20.5% annualized during the second quarter over the prior quarter end, including an increase in noninterest bearing deposits of $36.2 million, and $14.1 million in interest bearing deposits. Estimated uninsured deposits, excluding collateralized public funds and affiliate company accounts, totaled $378.7 million, or 36.7% of total deposits as of June 30, 2023, compared with $387.8 million, or 39.4% of total deposits as of March 31, 2023.
The Company enhanced its on-balance sheet liquidity, with cash and cash equivalents as of June 30, 2023 of $123.2 million, up from $51.7 million at March 31, 2023 and $30.0 million at December 31, 2022. Total liquidity, including all available borrowing capacity and brokered deposit availability, together with cash and cash equivalents and unpledged investment securities, totaled approximately $507.4 million as of June 30, 2023.
Total loans grew $24.2 million during the second quarter, representing a 10.3% annualized growth rate, driven primarily by commercial and industrial and commercial real estate loan activity.
Net interest income for the second quarter of 2023 was $8.1 million, compared to $8.0 million for the first quarter of 2023. Net interest margin was 2.81% for the second quarter of 2023, compared to 2.95% for the first quarter of 2023. The linked quarter decrease was primarily due to higher interest expense on deposits continuing to outpace the increase in interest income from loans.
The Company recorded a $493 thousand negative provision for credit losses for the second quarter of 2023, resulting in an allowance for credit losses of $10.2 million, or 1.05% of total loans at June 30, 2023. The negative provision for credit losses was primarily driven by refinement of the population of loans individually assessed for impairment under the current expected credit losses ("CECL") accounting standard, improvements in internal credit metrics and external forecast indexes, as well as $97 thousand in net recoveries, offset by loan growth in the period.
On June 22, 2023, shareholders of the Company and Partners Bancorp ("Partners"), each approved the merger of Partners with and into the Company, with the Company as the surviving corporation pursuant to the Agreement and Plan of Merger, dated as of February 22, 2023. The merger is expected to close in the third or fourth quarter of 2023, subject to regulatory approvals and certain other customary closing conditions.
"We are pleased to report results that evidence continued balance sheet strength, including increased on-balance sheet liquidity, a growing core deposit base, and excellent credit quality." said Andrew Samuel, Chief Executive Officer. "Although significant uncertainty remains in the external environment, we are optimistic that the pace of margin compression will continue to stabilize. Our teams are highly focused on providing superior service to meet our clients' needs and we believe the Company is well positioned to successfully navigate through this climate."
Income Statement
Net interest income before the provision for credit losses for the second quarter of 2023 increased to $8.1 million compared to $8.0 million in the first quarter of 2023. Net interest margin was 2.81% for the second quarter of 2023 compared to 2.95% for the first quarter of 2023. The decrease in net interest margin for the current quarter was due to the higher average rate paid on interest-bearing liabilities, which outpaced the increase in the average yield on interest earning assets. The overall rate and yield increases were driven by the multiple federal funds rate increases that occurred over the preceding twelve months, coupled with competition for deposits in the market. The rate of increase in the cost of funds moderated to 30 basis points in the second quarter of 2023, primarily resulting from strong growth in the average balance of non-interest bearing deposits, which increased approximately $17.0 million to $209.1 million, compared to $192.1 million for the first quarter. The 30 basis points increase in the cost of funds to 2.29% during the second quarter of 2023 was partially offset by a 15 basis point increase in the average yield on interest-earning assets to 5.00%. The increase in the average yield on interest-earning assets was primarily due to the increase in the average yield on loans of 11 basis points to 5.20% during the second quarter of 2023.
During the second quarter, the Company continued to recognize results from its increased internal focus and strategy on core deposit generation, including 123 net new checking accounts opened for a total of $38 million in new deposits. Additionally, further momentum in executing the Company's strategies to service the needs of professional services firms resulted in 58 new accounts opened during the quarter, which are expected to fund over the course of the third quarter. As a result of these positive trends, the Company expects to allow higher cost brokered deposits to mature, replaced by core accounts at a lower cost, contributing to further stabilization in net interest margin.
Noninterest income (expense) improved from a $1.9 million expense in the first quarter of 2023, driven by recognition of a loss upon the sale of debt securities of $2.37 million, to $886 thousand in income in the second quarter of 2023. Excluding the first quarter loss on the sale of debt securities, adjusted noninterest income for the second quarter of 2023 increased $369 thousand to $886 thousand, primarily due to gains on the sale of Small Business Administration ("SBA") loans of $296 thousand and $57 thousand in commercial loan-related interest rate swap fees.
Noninterest expense for the second quarter of 2023 increased to $7.8 million compared to $7.7 million for the first quarter of 2023. Excluding one time charges relating to the pending merger with Partners Bancorp of $587 thousand in the first quarter of 2023 and $315 thousand in the second quarter of 2023, adjusted noninterest expense increased by $351 thousand in the second quarter, impacted by increased equipment and data processing expense as the Company continues to enhance its technology platform, as well as elevated accrual of fraud and operating losses.
Balance Sheet
Total assets were $1.31 billion at June 30, 2023 compared to $1.21 billion at March 31, 2023 and $1.06 billion at June 30, 2022. Deposits and net loans as of June 30, 2023 totaled $1.03 billion and $959.3 million, respectively, compared to deposits and net loans of $984.5 million and $934.8 million, respectively, at March 31, 2023 and $902.4 million and $786.5 million, respectively, at June 30, 2022.
Total loans increased $24.2 million from March 31, 2023 to June 30, 2023, or 10.25% annualized, with the average commercial loan commitment originated during the second quarter of 2023 totaling approximately $500,000.
The Company has proactively taken additional steps during the quarter to enhance its on-balance sheet liquidity. Cash and cash equivalents increased to $123.2 million at June 30, 2023 compared to $51.7 million at March 31, 2023 and $30.0 million at December 31, 2022. In addition to growth in core deposits, this position was supported by an additional $43.7 million in borrowings related to $75.0 million in wholesale funding in connection with the execution of a pay-fixed/receive-floating interest rate swap. The interest rate swap has a fixed rate of 3.28%, a maturity of five years and is designated against either a mix of one-month FHLB advances or brokered certificates of deposits. Classified as a cash flow hedge, the market fluctuations will not impact future earnings, but will impact accumulated other comprehensive loss.
Deposits at June 30, 2023 totaled $1.03 billion, an increase of $50.3 million compared to $984.5 million at March 31, 2023. Average deposits increased by $17.0 million during the quarter, or 6.9% annualized, driven by a 35.3% increase in average noninterest bearing deposits from $192.1 million for the first quarter of 2023 to $209.1 million for the second quarter of 2023.
Shareholders' equity increased from $141.6 million at March 31, 2023 to $142.5 million at June 30, 2023. The increase included an increase in retained earnings due to net income for the current quarter, and a decrease in other comprehensive loss resulting from changes in the interest rate environment, offset by dividends paid of $1.2 million.
Asset Quality
In the second quarter of 2023, the Company recorded a negative provision for credit losses, calculated under the CECL model, of $493 thousand, compared to a provision for credit losses of $293 thousand in the first quarter. The negative provision for credit losses included the impact of reductions in the allowance for credit losses due to refinement of the population of loans individually assessed for impairment under CECL, improvements in internal credit metrics and external forecast indexes, as well as $97 thousand in net recoveries, offset by loan growth in the period.
Asset quality metrics remain strong. As of June 30, 2023, the Company's non-performing assets were $2.9 million, representing 0.22% of total assets. Non-performing assets at June 30, 2023 excluded purchased with credit deterioration ("PCD") loans with a balance of $2.1 million. Loans 30-89 days past due at June 30, 2023 were $1.8 million, representing 0.18% of total loans.
The allowance for credit losses-loans was $10.2 million, or 1.05% of total loans at June 30, 2023, compared to the allowance for credit losses-loans of $10.5 million, or 1.11% of total loans, at March 31, 2023. The allowance for credit losses-loans to nonperforming assets was 358.12% at June 30, 2023, compared to 438.95% at March 31, 2023.
The Company's risk management function incorporates extensive diversification, monitoring and hold limits with respect to the commercial real estate loan portfolio and management closely monitors concentration reports and related analyses. The commercial real estate loan portfolio is well-diversified, with limited exposure to higher risk segments such as hotels and retail. Management believes that the office space portfolio, which includes medical and mixed-use space, and does not involve properties in major metropolitan business districts, is stable and does not pose excessive risk. Specifically, at June 30, 2023, the Company had 68 loans related to office space, with an average loan size of $1.8 million and total current outstanding balances of $103.0 million. The largest exposure relating to office space is $8.8 million for a construction loan that will constitute owner-occupied real estate upon completion. Eighty-four percent (84%) of office space loans are guaranteed by high-quality principals and no office loans are past due 30 days or greater.
Capital
The Bank's regulatory capital ratios are well in excess of regulatory minimums to be considered "well capitalized" as of June 30, 2023. The Bank's Total Capital Ratio and Tier 1 Capital Ratio was 13.55% and 12.94% , respectively, at June 30, 2023, compared to 13.53% and 12.32%, respectively, at March 31, 2023 and 12.89% and 12.41%, respectively, at December 31, 2022. The Company's ratio of Tangible Common Equity to Tangible Assets was 8.31%2 at June 30, 2023.
ABOUT LINKBANCORP, Inc.
LINKBANCORP, Inc. was formed in 2018 with a mission to positively impact lives through community banking. Its subsidiary bank, LINKBANK, is a Pennsylvania state-chartered bank serving individuals, families, nonprofits and business clients throughout Central and Southeastern Pennsylvania through 10 client solutions centers and www.linkbank.com. LINKBANCORP, Inc. common stock is traded on the Nasdaq Capital Market under the symbol "LNKB". For further company information, visit ir.linkbancorp.com.
Forward Looking Statements
This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of current or historical fact and involve substantial risks and uncertainties. Words such as "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans," "projects," "may," "will," "should," and other similar expressions can be used to identify forward-looking statements. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements include, but are not limited to the following: costs or difficulties associated with newly developed or acquired operations; risks related to the proposed merger with Partners; changes in general economic trends, including inflation and changes in interest rates; increased competition; changes in consumer demand for financial services; our ability to control costs and expenses; adverse developments in borrower industries and, in particular, declines in real estate values; changes in and compliance with federal and state laws that regulate our business and capital levels; our ability to raise capital as needed; and the effects of the COVID-19 pandemic and actions taken by governments, businesses and individuals in response. The Company does not undertake, and specifically disclaims, any obligation to publicly revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements, except as required by law. Accordingly, you should not place undue reliance on forward-looking statements.
LB-E LB-D
Appendix A – Reconciliation to Non-GAAP Financial Measures
This document contains supplemental financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Management uses these non-GAAP measures in its analysis of the Company's performance. These measures should not be considered a substitute for GAAP basis measures nor should they be viewed as a substitute for operating results determined in accordance with GAAP. Management believes the presentation of non-GAAP financial measures that exclude the impact of specified items provide useful supplemental information that is essential to a proper understanding of the Company's financial condition and results. Non-GAAP measures are not formally defined under GAAP, and other entities may use calculation methods that differ from those used by us. As a complement to GAAP financial measures, our management believes these non-GAAP financial measures assist investors in comparing the financial condition and results of operations of financial institutions due to the industry prevalence of such non-GAAP measures. See the tables below for a reconciliation of these non-GAAP measures to the most directly comparable GAAP financial measures.
Contact: Nicole Ulmer Corporate and Investor Relations Officer 717.803.8895 IR@LINKBANCORP.COM
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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Make your own pasta at home
Making pasta by hand looks impressive, but the truth is, homemade pasta is surprisingly simple to create. You can get started with just three ingredients you likely already have in your kitchen. Even if the only tools you have are a rolling pin and a chef’s knife, you can feed your family and friends a satisfying and delicious meal made entirely from scratch. All you’ll need is a recipe, a couple of hours, and just a little bit of practice.
Shop this article: Fox Run Polished Marble Rolling Pin with Wooden Cradle, Spring Chef Bench Scraper and OXO Good Grips 3-in-1 Egg Separator
Is homemade pasta better?
You won’t just get a sense of accomplishment from making your own pasta — it tastes better, too. Fresh pasta has a more tender texture and a more pronounced eggy flavor than commercial-dried pasta. The pasta’s springiness holds up equally well, whether it goes into lasagna or straight onto the plate with some butter. You can even try making pasta dough with unusual ingredients like spinach or saffron for an extra-special meal.
How to get started making pasta
Hamilton Beach Stack & Snap Food Processor
Making the pasta dough
There are as many fresh pasta recipes as there are people who make pasta, but to get started, it’s best to stick with a simple pasta dough that uses just a few ingredients: unbleached all-purpose flour, eggs, and a bit of salt.
If you want, you can use semolina durum flour, which is a more authentic pasta flour with a higher protein content and a coarser texture that helps sauces stick. However, if all-purpose flour is all you have in your pantry, it’ll turn into wonderful pasta.
Place 10 ounces of flour on a clean work surface and make a well. Add two eggs plus four egg yolks to the well and gently start incorporating the flour using a fork, gradually scraping in flour from the sides of the well. Switch to a bench scraper when it becomes too difficult to use a fork and mix until it’s fully combined by scraping and folding over the dough, turning it 45 degrees each time.
Kneading and rolling the pasta dough
You’ll know the dough is ready for kneading when it stops sticking to your hands and holds its shape when rolled into a ball. Knead the dough for about 10 minutes until it’s smooth and satiny, then shape it into a ball. Let it rest, wrapped in plastic wrap, for 30 to 60 minutes to let gluten develop.
Use the bench scraper to cut the ball into four equal portions and cover them with a towel to keep them from drying out. Working with one portion at a time, roll out the dough into an oblong shape between a quarter-inch and half-inch thick.
Making pasta by hand vs. using a stand mixer
If your arms aren’t up to the task of all that kneading, you can use a powerful food processor or a stand mixer. Simply place all the ingredients in the work bowl and run the machine (using a dough hook if you’re using a stand mixer) until a large, smooth ball forms.
How to shape homemade pasta
CucinaPro Pasta Maker Deluxe Set
Making pasta shapes with a pasta machine
Roll out your dough by hand or use a pasta maker. Some pasta machines can create extruded shapes like penne, while others deliver smooth sheets and strands of lasagna or fettuccine. Following the manufacturer’s instructions for the type of pasta you want to make, feed your rolled-out dough between the rollers until it reaches the right thickness.
At this point, you can trim it by hand to make filled pasta or lasagna or run it through the pasta machine to cut it into strands. As the cut pasta strands emerge from the machine, carefully catch them, dust them with flour, shape them into nests, and keep them covered until you’re ready to cook or dry them.
A stand mixer offers another advantage here: after you’ve whipped up a batch of pasta dough in the bowl, use the mixer’s pasta-making attachment to roll out, cut, or shape pasta.
How to make filled pasta
For filled pasta, make sure your filling is relatively dry so you can seal up your pasta and avoid leaking or soggy dough. Avoid the temptation to overload your pasta — follow your recipe’s guidance for the amount of filling to use in each pasta shape.
Depending on the type of stuffed pasta you’re making, you can use a pasta stamp, a pastry wheel, biscuit cutters, or even a chef’s knife to create rounds or squares. Seal the pasta by brushing the edges with a little water, then using gentle pressure to close the shapes. Make sure the filling is fully enclosed and that no air is trapped inside.
How to cook homemade pasta
Weston Bamboo Pasta Drying Rack
Cooking fresh pasta
Homemade pasta cooks very quickly — depending on the shape, it will need only two to four minutes in boiling water, and slightly longer for stuffed pasta. Salt your cooking water generously to amplify your pasta’s flavor, especially if your dough recipe doesn’t call for salt. Serve it immediately.
How to dry fresh pasta
Alternatively, you can dry your uncooked pasta to serve at a future date. Leaving egg-based food out in the open can feel counterintuitive, but when properly dried and stored, there should be no moisture remaining to encourage bacteria.
Toss the pasta shapes in flour, then lay the strands in a single layer on a drying rack or on a baking sheet lined with parchment paper. Let the pasta dry uncovered and away from heat and sunlight, or use a food dehydrator for more consistency, especially if it’s a humid day. When the pasta snaps instead of bending, it’s ready for storage. Keep it in a dry, airtight container in your pantry or freezer.
FAQ
Q. How long does homemade pasta last?
A. Homemade pasta has a much shorter shelf life than commercially made pasta. Uncooked pasta can be kept in an airtight container in the fridge for just one day. Properly dried homemade pasta can be stored in your pantry for up to six weeks. Alternatively, before you cut your pasta shapes, you can wrap the dough in plastic wrap and freeze it for up to one month.
Q. What sauces go with homemade pasta?
A. How you serve your pasta may come down to personal preference, but the shape of the pasta is a contributing factor. Pair fettuccine or tagliatelle with a homemade alfredo sauce or pesto. Wider pasta like pappardelle is great with slow-simmered meat sauces. You can also highlight the flavor of your fresh pasta (especially ravioli) by simply tossing it in browned butter and high-quality Parmesan.
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2025 Cruises and Cruisetours from Alaska's Leading Cruise Line
on Sale August 3
Family Favorite Caribbean Princess to Sail Alaska for First Time
SANTA CLARITA, Calif., July 31, 2023 /PRNewswire/ -- Princess Cruises has unveiled its 2025 Alaska cruise and cruisetours season, featuring three captivating roundtrip itineraries and an exclusive new National Parks Cruisetour. These remarkable offerings are available for booking starting August 3.
New Adventures and Extended Journeys Await, including a Departure from LA:
New for 2025 from the cruise line that brings the most guests to Alaska every year is a 22-day roundtrip voyage sailing from San Francisco on Ruby Princess that coincides with the Summer Solstice, and a 17-day roundtrip cruise from Seattle on Grand Princess featuring three days of scenic glacier viewing. For guests seeking to sail from Southern California, a new 16-day roundtrip Inside Passage voyage from Los Angeles on Grand Princess offers a convenient and affordable option.
National Parks Cruisetour
Following its debut in 2024, the National Parks Cruisetour returns in 2025 with a 15-night adventure to five of Alaska's most breathtaking parks. Guests will have the opportunity to explore Glacier Bay, Denali, Wrangell-St. Elias, Kenai Fjords National Parks, and Klondike Gold Rush National Historical Park in Skagway. Unique to Princess, this experience combines a seven-day Voyage of the Glaciers cruise, scenic rail travel, and multiple days on land, including stays at four Princess-owned wilderness lodges.
"As the market leader in Alaska, we're excited to offer guests even more exciting ways to see the natural beauty of Alaska with itineraries in 2025 that serve up new adventures and extended journeys that first-time guests and repeat visitors are going to find intriguing," said John Padgett, Princess Cruises president. "We're also making it easier for guests to access an Alaska cruise by bringing back a roundtrip option out of Los Angeles, which also make it more affordable for millions within that drive market."
Caribbean Princess to Debut in Alaska in 2025
In 2025, seven Princess ships will sail to Alaska, including Caribbean Princess for the first time. In addition, the number of Princess homeports offering Alaska voyages expands to five with the addition of Los Angeles, with the season featuring 21 cruise destinations and four glacier-viewing experiences, highlighted by 88 visits to Glacier Bay National Park, taking more guests to this spectacular national park than any other cruise line.
With 155 total departures on 18 unique itineraries ranging in length from 4 to 22 days, cruise and cruisetour choices include:
Cruises – Seven Ships, Five Homeports
- NEW! Ultimate Alaska Solstice with Glacier Bay National Park: 22-day roundtrip from San Francisco on Ruby Princess – departs June 6, 2025
- NEW! Ultimate Alaska with Glacier Bay National Park: 17-day roundtrip from Seattle on Grand Princess – departs May 6, 2025
- Inside Passage with Glacier Bay National Park: 16-day roundtrip from Los Angeles on Grand Princess visiting Juneau, Skagway, Glacier Bay National Park, Sitka, Icy Strait Point, Ketchikan and Victoria, B.C. – departs August 30, 2025
- Voyage of the Glaciers: This top-rated seven-day itinerary features Juneau, Skagway, Ketchikan, and two glacier-viewing experiences at Glacier Bay National Park and Hubbard Glacier or College Fjord. Caribbean Princess, Coral Princess, and Sapphire Princess offer weekly northbound and southbound cruises from Vancouver, B.C. to Anchorage (Whittier) and vice versa. Guests can combine select seven-day voyages for an amazing 14-day Voyage of the Glaciers Grand Adventure – operates May 10 to September 13, 2025.
- Inside Passage: Princess' signature seven-day roundtrip sailings from Seattle and Vancouver, B.C., as well as 11-day roundtrip departures from San Francisco and Vancouver that include four ports of call and a day of glacier viewing. Many Inside Passage cruises include Glacier Bay National Park. Discovery Princess and Royal Princess sail from Seattle weekly, May 4 – September 21, 2025. Grand Princess offers weekly cruises from Vancouver, B.C., May 27 – August 19, 2025. Ruby Princess sails 11-day cruises roundtrip from San Francisco May 4 – September 13, 2025.
- Alaska Samplers: Three itineraries of four to five days offer shorter voyages for guests looking for a quick getaway. Discovery Princess, Royal Princess and Grand Princess operate four-day, roundtrip voyages between Vancouver, B.C. to Seattle with a stop in Ketchikan – departing April 30, May 13 and May 23, 2025. Caribbean Princess sails a four-day, roundtrip cruise from Vancouver, B.C., with a visit to Ketchikan departing September 13, 2025, and a five-day roundtrip cruise from Vancouver, B.C., with stops in Sitka and Ketchikan sailing May 5, 2025.
Cruisetours
- More than 26 cruisetour options give guests variety of choice with four styles of travel including Denali Explorer tours, On Your Own options, Connoisseur Deluxe Escorted and Off the Beaten Path.
- The exclusive Direct-to-the-Wilderness rail service ensures a seamless transition between the ship in Whittier and the Denali area on the same day.
Award-Winning North to Alaska Program
Princess' award-winning North to Alaska program enriches the onboard and onshore experience with local lumberjacks, Iditarod champions, and storytellers sharing their Alaska experiences and insights. Other offerings include Wild for Alaska seafood menus, a variety of shore excursions, Puppies in the Piazza to meet sled-dog puppies, Junior Ranger program for youth, and authentic commentary by Glacier Bay Park Rangers and Naturalists.
Visit www.princess.com/alaska for more details on the 2025 Alaska cruises and cruisetours season from Princess Cruises.
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-Princess (1-800-774-6237) or by visiting www.princess.com.
About Princess Cruises
Princess Cruises is The Love Boat, the world's most iconic cruise brand that delivers dream vacations to millions of guests every year in the most sought-after destinations on the largest ships that offer elite service personalization and simplicity customary of small, yacht-class ships. Well-appointed staterooms, world class dining, grand performances, award-winning casinos and entertainment, luxurious spas, imaginative experiences and boundless activities blend with exclusive Princess MedallionClass service to create meaningful connections and unforgettable moments in the most incredible settings in the world - the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. The company is part of Carnival Corporation & plc (NYSE/LSE:CCL; NYSE:CUK).
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CHARLOTTE, N.C., July 31, 2023 /PRNewswire/ -- Ten Oaks Group, a recognized family office and standout in the corporate carve out sector, proudly announces the addition of four exceptional professionals to its esteemed team of Operating Partners. The recent hiring of James Deng, Greg Warren, David Izquierdo, and Lauren Celano underscores Ten Oaks Group's commitment to bringing accomplished talent with diverse capabilities and amplifying its capacity for turnaround, legal, and international investment exceptionalism.
James Deng assumes the position of Operating Partner at Ten Oaks Group. Prior to joining, he was a Vice President at Audax Private Equity supporting value creation initiatives. James has also served as Director of Revenue Growth Management at Keurig Dr Pepper and a management consultant at Ernst & Young focused on Corporate and Growth Strategy.
Greg Warren brings a wealth of legal and restructuring knowledge as he joins as Assistant General Counsel and Operating Partner. Greg previously was a member of White & Case LLP's financial restructuring and insolvency practice, representing debtors and creditors both in and out of bankruptcy. Greg has experience in operational, corporate, and financial matters, as well as litigation and acquisitions.
David Izquierdo joins as an Operating Partner focused on Ten Oaks Group's European portfolio companies. Prior to Ten Oaks, David focused on designing and implementing strategic and transformation programs across a wide variety of industries in roles in corporate development at Selenis and management consulting at Monitor Deloitte and PwC.
Lastly, Lauren Celano joins the team as Associate Operating Partner, leveraging her vast experience from the healthcare and pharmaceutical industries, where she also led business development efforts. Additionally, she has experience at Alvarez & Marsal and other private equity and venture capital firms.
"At Ten Oaks Group, we believe that attracting top-notch talent is essential for leading value creation efforts for our portfolio," said Kendall Thurlow, head of value creation at Ten Oaks Group. "Lauren, James, David, and Greg embody the caliber of professionals we seek to bring on board, and we are excited to welcome them as valuable members of our team of Operating Partners."
Ten Oaks Group is committed to cultivating a dynamic and growth-oriented environment for its practitioners. With a commitment to fostering private equity careers, the company offers comprehensive opportunities for professional development and advancement.
To learn more about the background and expertise of the newly hired Operating Partners and explore potential career opportunities with Ten Oaks Group, visit www.tenoaksgroup.com.
About Ten Oaks Group:
Ten Oaks Group is a family office focused exclusively on investing in corporate divestitures. It brings speed, flexibility and certainty to divestitures of non-core businesses that no longer fit their parent company's corporate strategy. Following acquisition, Ten Oaks Group leverages its experienced team of Operating Partners to manage the transition and separation process and implement operational strategies that reveal and optimize the underlying potential of each business.
Each company within Ten Oaks Group operates independently under its own dedicated management team and receives management support services from Ten Oaks Management, LLC. Ten Oaks Group was founded by Matt Magan and Mike Hahn and has closed 25 carve-out transactions across 10 countries since inception.
To learn more about Ten Oaks Group's unique approach to corporate divestitures, please visit www.tenoaksgroup.com.
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PITTSBURGH (AP) — A jury is set to deliberate whether to impose the death penalty or a sentence of life in prison without parole on a man who spewed antisemitic hate before fatally shooting 11 worshippers at a synagogue in the heart of Pittsburgh’s Jewish community.
The same jurors who convicted 50-year-old Robert Bowers in June on 63 criminal counts listened to closing arguments Monday in the penalty phase of his federal trial, held nearly five years after the truck driver from suburban Baldwin perpetrated the deadliest attack on Jews in U.S. history.
Bowers defiled a place of worship when he entered the Tree of Life synagogue on Oct. 27, 2018, and opened fire with an AR-15 rifle, shooting everyone he could find in a mass murder clearly motivated by religious hatred, said U.S. Attorney Eric Olshan.
Bowers raved incessantly on social media about his hatred of Jewish people — using a slur for Jewish people some 400 times on a social media platform favored by the far right — and remains proud that he killed Jews, the prosecutor reminded jurors,
“Do not be numb to it. Remember what it means. This defendant targeted people solely because of the faith that they chose,” Olshan said.
He added: “This is a case that calls for the most severe punishment under the law: the death penalty.”
Bowers’ lead defense attorney, Judy Clarke, acknowledged the horror of his crimes but urged jurors to opt for a life sentence.
“What has happened cannot be undone. We can’t rewind the clock and make it that this senseless crime never happened. All we can do is make the right decision going forward. We are asking you to make the right decision, and that is life,” Clarke said in her closing argument.
A life sentence would mean that “prison is where Mr. Bowers will die in obscurity, not as a hero and not as a martyr,” she said.
Bowers’ attorneys have argued that he has schizophrenia, a serious brain disorder whose symptoms include delusions and hallucinations, and that Bowers attacked the synagogue out of a delusional belief that Jews were helping to bring about a genocide of white people by coming to the aid of refugees and immigrants. Clarke recounted Bowers’ history of psychiatric hospitalizations, including an extended stay in a residential juvenile mental health program.
The defense also presented evidence of Bowers’ difficult childhood.
Olshan disputed the defense experts’ diagnosis of schizophrenia, asserting that Bowers was not suffering psychosis but had chosen to believe white supremacist rhetoric. And while acknowledging that Bowers was a depressed, neglected child, Olshan downplayed the significance of it, noting that Bowers had held jobs, paid bills, and was an otherwise functioning adult.
“He was not a child, he was a grown man. He was responsible for his actions, not his family and things that happened decades earlier. He was, he is responsible for his actions,” Olshan said.
In order to impose death, jurors must find that aggravating circumstances, which make the crime especially heinous, outweigh mitigating factors that could be seen as diminishing his culpability. Those aggravating circumstances could include the vulnerability of Bowers’ elderly and disabled victims and his targeting of Jewish people.
Olshan played a composite of 911 calls made from inside the synagogue, including audio of people being shot and a survivor’s horrified screams.
He said Bowers had taken “11 people, 11 full lives, 11 people who loved their families, 11 people who loved their friends, 11 people who were loved. … How do you measure the impact of all of that loss?”
The prosecutor spoke about 75-year-old Joyce Fienberg’s care for her family and 65-year-old Richard Gottfried’s devotion to his faith. He said Dr. Jerry Rabinowitz, 66, had the ethos of a country doctor: “He loved delivering babies but he never delivered judgment.” David Rosenthal, 54, and Cecil Rosenthal, 59, intellectually disabled brothers, “loved life,” Olshan said. “But maybe more than anything, they loved Tree of Life.”
The other deceased victims were Rose Mallinger, 97; Bernice Simon, 84, and her husband, Sylvan Simon, 86; Dan Stein, 71; Melvin Wax, 87; and Irving Younger, 69.
The attack also wounded seven people, including five responding police officers. Bowers was shot three times before surrendering when he ran out of ammunition.
___
Rubinkam reported from northeastern Pennsylvania.
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PHILADELPHIA, July 31, 2023 /PRNewswire/ -- Livent Corporation (NYSE: LTHM) today published its 2022 Sustainability Report, with the theme Reimagining Possibilities. The report provides updates on the company's progress against its 2030 and 2040 sustainability goals, includes new disclosures and reaffirms Livent's commitment to responsible production and expansion.
Paul Graves, president and chief executive officer of Livent, commented: "We believe the lithium industry will play an increasingly important role in the clean energy transition towards a more sustainable, low-carbon future. Our 2022 Sustainability Report demonstrates how Livent is reimagining what's possible for producing more of the lithium the world needs while continuing to lead our industry forward in corporate social responsibility, environmental stewardship and transparency."
Report Highlights:
- Initial global Scope 3 screening of Livent's Greenhouse Gas (GHG) emissions and first disclosures on global air pollutants
- Completion of ISO-compliant Life Cycle Assessments (LCAs) for all of Livent's major lithium chemical products, ahead of the original 2025 target
- Achievement of Livent's 2030 Waste Disposed intensity reduction target, ahead of schedule
- Summary of recent water and biodiversity studies conducted at the Salar del Hombre Muerto in Argentina
- Updates on other key collaborations and initiatives to support a low-carbon future, minimize environmental impacts, expand local community engagement and development efforts, protect human rights, and build a more engaged, diverse and inclusive workforce
To view Livent's 2022 Sustainability Report, visit livent.com/sustainability. The report will be made available in multiple languages.
Key ESG metrics in the report were reviewed and assured by ERM Certification and Verification Services (ERM CVS).
About Livent
For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The Company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. Livent has a combined workforce of approximately 1,350 full-time, part-time, temporary, and contract employees and operates manufacturing sites in the United States, England, China and Argentina. For more information, visit Livent.com.
Livent Forward-Looking Statements
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "will continue to," "will likely result," "is on track," "should," "expect," "expects," "intends," "plans," "anticipates," "believe," "believes," "estimates," "predicts," "potential," "continue," "could," "forecast," "future," "is confident that," or "projects," the negative of these terms and other comparable terminology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within Livent's 2022 Form 10-K filed with the SEC as well as other SEC filings and public communications. Livent cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. Livent undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
The Company's investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with federal securities laws.
Media contact: Juan Carlos Cruz +1.215.299.6725
juan.carlos.cruz@livent.com
Investor contact: Daniel Rosen +1.215.299.6208
daniel.rosen@livent.com
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Celebrate the Blooms with Inaugural National Sunflower Day on August 5
BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues. This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.
The National Day Calendar recognition, slated for the first Saturday each August, is a collaboration between the National Sunflower Association and North Dakota Tourism and recognizes the inherent happiness the sunflowers evokes and the prominence of North Dakota's agricultural industry in growing the cheerful blooms.
For visitors planning a picture-perfect road trip for National Sunflower Day and beyond, North Dakota Tourism has launched the state's 2023 Sunflower Blooms Guide detailing the location of more than a dozen stunning sunflower fields. Weekly bloom updates will highlight the progress of the seasonal color as it unfolds across the state making the map a perfect tool for making the most of the waning days of summer. North Dakota Tourism is also making an ideal road trip snack available to visitors with packets of savory sunflower seeds in mailboxes at select fields.
To capture the iconic blooms in photos and videos, keep the following tips in mind:
- In general, visitors are welcome to stop by fields included on the Sunflower Blooms Guide as long as they are respectful and don't enter or drive into the fields.
- Scout the field location early to capture that golden hour image or video just-after sunrise or just-before sunset. Visitors will want to set up early to take advantage of the golden hues.
- Keep in mind that cloudy days are often some of the best times to capture vibrant close-ups and more subtle variations in shadows.
- Tag your photos and videos on social media using #BeNDLegendary to celebrate your love of the sunny blooms.
- Fuel your photoshoot with a beloved North Dakota snack with Fargo's irresistible SunButter made from roasted sunflower seeds or Wahpeton's Giants Snacks with original and kettle roasted flavors of sunflower seeds.
As the top sunflower producing state last year, North Dakota farmers planted 702,000 acres of the beautiful blooms in 2022, and the state is the top producer of edible sunflower seeds in the U.S. More sunflower recipes, videos and little-known facts are available at Brighten Your Day with the Amazing Sunflower. For more on planning a trip to North Dakota, visit NDtourism.com.
Follow North Dakota Tourism on Facebook at www.facebook.com/TravelND, on Instagram at https://www.instagram.com/northdakotalegendary/ on or on Twitter at http://twitter.com/NorthDakota and get tips on what to see and do all year long.
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Tips and tricks for protecting your home from the elements
If you like learning new skills and having a to-do list that never ends, there’s no better investment than purchasing a home. But becoming a homeowner isn’t just the biggest financial commitment you’ll ever make, it’s also a pledge to take care of something, for better or worse, as long as you both shall live. Or at least until you decide it’s time to move.
Along with the bills, repairs, and perpetual upkeep, one of the biggest tasks you face as a homeowner is your never-ending battle with Mother Nature. Just when you think you’ve reshingled your last roof and can rest easy when it comes to leaks, you find a small pond in the basement after the latest storm. This list will walk you through everything you need to know in order to best protect your home from the elements.
But first, it’s important to review your insurance policy so you are aware of what is and isn’t covered. Your homeowner’s insurance policy might not cover floods and damage caused by the elements. Take a few minutes, read over your policy, call your agent and make the needed changes to get the peace of mind you deserve.
Shop this article: Tempera 9′ Outdoor Market Patio Table Umbrella, Deconovo Blackout Curtains and Jegs 3-Drawer Toolbox
What are the elements?
It’s not just water — which causes mold and rot — that you have to worry about. Wind, snow, hail, cold and heat can also do substantial damage to your home. Here are just a few examples of the havoc the elements can wreak on your home.
Wind
A gentle breeze is refreshing, but a gale-force wind? Anything over 50 or 60 mph can be devastating. From hurling projectiles and prying loose shingles to stripping away siding and shearing off the entire roof, strong winds can dismantle a house in a matter of minutes.
Snow
It’s pristine, and it twinkles as if infused by magic. Snow is beautiful. But it’s also heavy. On average, a square foot of snow weighs a little over 12 pounds. If you have a house that’s 2,000 square feet and it snows 12 inches, that’s roughly an extra 24,000 pounds — 12 tons — on your roof. See how this could cause a little trouble? Especially if the snow is resting on large tree branches or that evergreen that’s already leaning toward your house.
Hail
Hail is Mother Nature’s mischievous child. They enjoy causing trouble. Got cracked shingles? Divots in the lawn? Broken windows? Dents in your car? Damaged outdoor furniture? You’ve got hail!
Cold
Cold is the silent destroyer of homes. If you’ve ever had a pipe burst, you already know this. But beyond that, cold can create ice dams in your gutters that force water beneath your shingles, thereby ruining the items under your roof. And if water gets into any tiny crack, be it in your driveway or your foundation, it will expand when it freezes, turning that tiny crack into a crevasse.
Heat
Excessive moist heat can warp hardwood floors and accelerate deterioration in other areas, such as your attic and roof. Excessive dry heat can suck the moisture out of the ground, making it shrink and taking away some much-needed support from your home’s foundation.
Best strategies for keeping your home safe
Indeed, the elements can be devastating to your home. Thankfully, there are a number of quick and easy things you can do to protect it from the elements. Following is a list of the best (and most effortless) strategies.
Strategy 1: Bring items inside
Tempera 9′ Outdoor Market Patio Table Umbrella
Lawn chairs, watering cans, bicycles, scooters, patio umbrellas, and other loose items that you keep outside need to be brought inside before a storm. After all, the wind can turn anything that’s not fastened down into a destructive projectile.
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Strategy 2: Close the curtains
If anything flies into your window during a storm, having your blinds drawn and your drapes closed can help block some of the broken glass and other debris from entering your home.
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Strategy 3: Use your garage
If you don’t want dings in your car, put your vehicle in the garage before all hail breaks loose — along with anything else that could be damaged should the sky begin to pelt ice at your property. If your garage is full of clutter, however, this might not be as simple as it is supposed to be. Take time to organize and store your tools before the storm, and you could be thanking yourself later.
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Strategy 4: Rake the roof
When snow piles up on your house, it can get beneath your shingles as it melts, damaging your roof. When it’s safe to do so, grab a roof rake and clear your roof so melting snow can flow away without much damage. Note: always leave a thin layer of snow on your roof, because too much scraping could damage your shingles.
Strategy 5: Seal your driveway
Those tiny cracks in your driveway become bigger cracks when they fill with water which then freezes. Be proactive and seal your driveway — or at the very least, fill those cracks in with gravel — before winter arrives.
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Strategy 6: Run a dehumidifier
All that humidity in the summer can really mess with the wood in your house. It can also make everything feel quite sticky. To remedy the situation (and save your hardwood floors), turn on a dehumidifier and let it work its magic.
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Strategy 7: Use a sprinkler
During those hot, rainless periods of summer when the ground dries up and pulls away from your house, weakening its foundation, don’t fret. Instead, turn on your sprinkler and put some moisture back into the soil. Don’t add too much, though, because excess water near your home’s foundation has a way of seeping into your basement or crawlspace.
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Extra tips for protecting your home from weather damage
The following tips involve a little more than a quick fix, but they are much cheaper than full-blown repairs.
Anchor down your large items
If you have a storage shed, a grill, trash cans, or any large item that doesn’t have a permanent foundation or isn’t securely fastened, anchor it down. You can use straps, anchors, or bolts. In strong winds, this will help minimize dangerous projectiles. In a flood, it will help keep your valuables from drifting away.
Remove trees that pose a threat
Rain can make the ground soggy, allowing trees to lean. Once tilted, wet snow or strong winds can be all it takes to topple even the mightiest oak. Consider having any trees within striking distance of your home taken down before the next storm.
Bring in the reinforcements
A home is only as safe as its weakest spots. If you live in an area prone to severe weather, you need to do something about those spots. Get a professional out to reinforce your garage door, and consider installing storm shutters over your windows and glass doors.
The elements can be brutal on your home. From minor inconveniences to major repairs, Mother Nature really knows how to dish out the damage. But you aren’t helpless. Your best defense is a strong offense. Stay vigilant, smart, and proactive, and your home will be able to weather any storm.
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| 2023-07-31T20:48:41
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MESA, Ariz., July 31, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2023, after market close on August 9, 2023.
Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 9, 2023.
To access the conference call, dial 1-888-886-7786 (U.S. toll-free) or 1-416-764-8658 (International) with conference ID 11014275 or click on the following link and request a return call: callme.viavid.com. A live webcast will be available on the Company's Investor Relations website at ir.verramobility.com.
An audio replay of the call will also be available until 11:59 p.m. ET on August 23, 2023, by dialing 1-844-512-2921 (U.S. toll-free), or 1-412-317-6671 (International) and entering passcode 11014275.
In addition, an archived webcast will be available in the "News & Events" section of Verra Mobility's Investor Relations website at ir.verramobility.com.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility's other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility's reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.
Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.
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https://www.wbtv.com/prnewswire/2023/07/31/verra-mobility-schedules-second-quarter-2023-earnings-call/
| 2023-07-31T20:48:42
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WASHINGTON (AP) — X, the social media platform formerly known as Twitter, has threatened to sue a group of independent researchers whose research documented an increase in hate speech on the site since it was purchased last year by Elon Musk.
An attorney representing the social media site wrote to the Center for Countering Digital Hate on July 20 threatening legal action over the nonprofit’s research into hate speech and content moderation. The letter alleged that CCDH’s research publications seem intended “to harm Twitter’s business by driving advertisers away from the platform with incendiary claims.”
Musk is a self-professed free speech absolutist who has welcomed back white supremacists and election deniers to the platform, which he renamed X earlier this month. But the billionaire has at times proven sensitive about critical speech directed at him or his companies.
The center is a nonprofit with offices in the U.S. and United Kingdom. It regularly publishes reports on hate speech, extremism or harmful behavior on social media platforms like X, TikTok or Facebook.
The organization has published several reports critical of Musk’s leadership, detailing an increase in anti-LGBTQ hate speech as well as climate misinformation since his purchase. The letter from X’s attorney cited one specific report from June that found the platform failed to remove neo-Nazi and anti-LGBTQ content from verified users that violated the platform’s rules.
In the letter, attorney Alex Spiro questioned the expertise of the researchers and accused the center of trying to harm X’s reputation. The letter also suggested, without evidence, that the center received funds from some of X’s competitors, even though the center has also published critical reports about TikTok, Facebook and other large platforms.
“CCDH intends to harm Twitter’s business by driving advertisers away from the platform with incendiary claims,” Spiro wrote, using the platform’s former name.
Imran Ahmed, the center’s founder and CEO, told the AP on Monday that his group has never received a similar response from any tech company, despite a history of studying the relationship between social media, hate speech and extremism. He said that typically, the targets of the center’s criticism have responded by defending their work or promising to address any problems that have been identified.
Ahmed said he worried X’s response to the center’s work could have a chilling effect if it frightens other researchers away from studying the platform. He said he also worried that other industries could take note of the strategy.
“This is an unprecedented escalation by a social media company against independent researchers. Musk has just declared open war,” Ahmed told the Associated Press. “If Musk succeeds in silencing us other researchers will be next in line.”
Messages left with Spiro and X were not immediately returned Monday.
It’s not the first time that Musk has fired back at critics. Last year, he suspended the accounts of several journalists who covered his takeover of Twitter. Another user was suspended for using publicly available flight data to track Musk’s private plane; Musk had initially pledged to keep the user on the platform but later changed his mind, citing his personal safety. He also threatened to sue the user before allowing him back on the platform under certain restrictions.
He initially had promised that he would allow any speech on his platform that wasn’t illegal. “I hope that even my worst critics remain on Twitter, because that is what free speech means,” Musk wrote in a tweet last year.
X’s recent threat of a lawsuit prompted concern from U.S. Rep. Adam Schiff, D-Calif., who said the billionaire was trying to use the threat of legal action to punish a nonprofit group trying to hold a powerful social media platform accountable.
“Instead of attacking them, he should be attacking the increasingly disturbing content on Twitter,” Schiff said in a statement.
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Jackpocket Crowns its First $100K Winner in Massachusetts, Partnership With Circle K Offers a New, Convenient Way to Play the Lottery
BOSTON, July 31, 2023 /PRNewswire/ -- Jackpocket, America's #1 lottery app*, launched in Massachusetts in partnership with Circle K, one of the largest convenience store brands in the United States.
Yesterday, a Jackpocket customer ordered a $100,000 winning lottery ticket for the daily "Mass Cash" drawing using the app.
"We are excited that our partnership with Circle K landed our first $100K winner in the Bay State, cementing Jackpocket's presence in Massachusetts," said Peter Sullivan, CEO of Jackpocket. "Jackpocket's mission is to make the lottery more accessible and convenient to play. As Tuesday's Mega Millions crosses the $1 billion mark, it's easier than ever to play your favorite games from anywhere in Massachusetts."
To celebrate the new partnership, Jackpocket is offering lottery fans across the state their first lottery ticket for free on the app. New players will receive a $2 lottery ticket by entering the code HEYMASS at checkout. Lottery fans can play Powerball and Mega Millions—currently over $1.05B—as well as local favorites MassCash (the game responsible for the $100K winning ticket), Megabucks Doubler, Lucky for Life, and The Numbers Game.
"We're proud to partner with Jackpocket in Massachusetts and make this fun and convenient experience available to every lottery player across the state," said Melissa Lessard, the head of North American marketing at Circle K. "At Circle K, we are always looking for ways to make life a little easier for our customers and providing the opportunity for customers to order official state lottery tickets with just the tap of a button through the Jackpocket app is yet another example of that commitment."
Massachusetts is now the 17th state available for lottery play on the Jackpocket app. Jackpocket is iCAP certified for best practices in player protection, backed by the expertise of the National Council on Problem Gambling. To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gambling resources.
*According to data from AppFollow
*Must be 18 or older to play. Jackpocket is not affiliated with and is not an agent of the Massachusetts State Lottery. Please visit jackpocket.com/tos for full terms of service. Gambling Problem? Call 1-800-327-5050.
Are You Our Next BIG Winner? Visit play.jackpocket.com or download Jackpocket for iOS and Android and get in the game. New players can receive a $2 lottery ticket by entering the code HEYMASS at checkout.
About Jackpocket
Jackpocket is on a mission to create a more convenient, fun, and responsible way to take part in the lottery. The first licensed third-party lottery courier app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Texas, Washington D.C., and West Virginia, and is expanding to many new markets. Download the app on iOS and Android or participate via desktop. Follow along on Facebook, Twitter and Instagram.
About Circle K and Alimentation Couche-Tard Inc.
Couche-Tard is a global leader in convenience and mobility, operating in 25 countries and territories, with more than 14,400 stores, of which approximately 11,000 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong Special Administrative Region of the People's Republic of China. Approximately 128,000 people are employed throughout its network.
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https://www.wibw.com/prnewswire/2023/07/31/massachusetts-lottery-fans-can-now-play-record-105b-mega-millions-their-phone/
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Animal Shelters, Rescue Groups, and Happy Adopters, Nationally and Internationally, Encouraged to Celebrate the Role Adopted Dogs Play in Our Lives
PORT WASHINGTON, N.Y., July 31, 2023 /PRNewswire/ -- Tuesday, August 1st is DOGust 1ST ®– the official birthday for all rescue dogs – and North Shore Animal League America is encouraging animal lovers around the country and globe to join them in celebrating the incredible meaning our adopted animals add to our lives.
Since the actual dates of birth for most rescued dogs are unknown, Animal League America created DOGust 1st to celebrate rescue dogs (those adopted and those awaiting loving homes.) Since 2008, these "Mutt-i-grees" have had this day designated to honor the incredible impact they make on our lives.
"This is a wonderful opportunity to celebrate rescue dogs and the invaluable role they play in our lives, while raising awareness about the importance of rescue and adoption," said Joanne Yohannan, Senior Vice President, Operations, North Shore Animal League America.
In honor of DOGust 1st, North Shore Animal League America, and many of their shelter partners across the country, will be participating in DOGust 1st festivities throughout the week (August 1 – 7.) By encouraging adoption specials, birthday themed activities, and local media opportunities, even more rescue dogs are expected to find loving, responsible homes.
To find an adoptable pet at a shelter or rescue group in your area go to www.animalleague.org.
To find a participating DOGust 1st group near you visit www.animalleague.org/dogust1st.
For video highlights of DOGust 1st, visit: DOGUST 1ST ASSETS
Photo & Video Credit: North Shore Animal League America
MEDIA CONTACT:
KATHLEEN LYNN
Senior Director of Communications
Cell: (516) 528-7878
Email: KathleenL@animalleague.org
#DOGust1st #GetYourRescueOn
About NORTH SHORE ANIMAL LEAGUE AMERICA
Animal League America has saved more than 1.1 million lives. As the world's largest no-kill rescue and adoption organization, we understand that a rescue isn't complete until each animal is placed into a loving home. Our innovative programs provide education to reduce animal cruelty and advance standards in animal welfare. We reach across the country to rescue animals from overcrowded shelters, unwanted litters, commercial breeding facilities, natural disasters and other emergencies and find them permanent, loving homes. www.animalleague.org
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https://www.kxii.com/prnewswire/2023/07/31/north-shore-animal-league-america-leads-worldwide-celebration-dogust-1st-official-birthday-all-rescue-dogs/
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A New Hampshire nurse, who has reportedly been kidnapped in Haiti, has described Haitians as “resilient people” in a video about her work for a nonprofit Christian ministry in the country.
“They’re full of joy, and life and love. I’m so blessed to know so many amazing Haitians,” Alix Dorsainil says in a video on the website of the ministry she works for, El Roi Haiti.
Dorsainvil and her daughter were kidnapped Thursday, the organization said in a statement over the weekend. El Roi Haiti, which runs a school and ministry in Port au Prince, said the two were taken from campus. Dorsainvil is the wife of the program’s director, Sandro Dorsainvil.
That happened the same day that the U.S. State Department issued a “do not travel advisory” in the country and ordered nonemergency personnel to leave there amid growing security concerns.
“Alix is a deeply compassionate and loving person who considers Haiti her home and the Haitian people her friends and family,” El Roi president and co-founder Jason Brown said in the statement. “Alix has worked tirelessly as our school and community nurse to bring relief to those who are suffering as she loves and serves the people of Haiti in the name of Jesus.”
A State Department spokesperson said in a statement Saturday is it “aware of reports of the kidnapping of two U.S. citizens in Haiti,” adding, “We are in regular contact with Haitian authorities and will continue to work with them and our U.S. government interagency partners.”
The department has not issued any updates since then. Alix Dorainvil’s father, Steven Comeau, reached in New Hampshire, said he could not talk.
Dorsainvil graduated from Regis College in Weston, Massachusetts, which has a program to support nursing education in Haiti. Before that, she went to Cornerstone Christian Academy in Ossipee, New Hampshire.
“Pray that God would keep her safe, be with her through this trial, and deliver her from her captors,” the school posted on its Facebook page.
In its advisory Thursday, the State Department said that “kidnapping is widespread, and victims regularly include U.S. citizens.”
It said kidnappings often involve ransom negotiations and U.S. citizen victims have been physically harmed.
Earlier this month, the National Human Rights Defense Network issued a report warning about an upsurge in killings and kidnappings and the U.N. Security Council met to discuss Haiti’s worsening situation.
In December 2021, an unidentified person paid a ransom that freed three missionaries kidnapped by a gang in Haiti under an agreement that was supposed to have led to the release of all 15 remaining captives, t heir Ohio-based organization confirmed.
The person who made the payment was not affiliated with Ohio-based Christian Aid Ministries, and the workers say they don’t know who the individual is or how much was paid to the gang, which initially demanded $1 million per person. Internal conflicts in the gang, they say, led it to renege on a pledge to release all the hostages, freeing just three of them instead on Dec. 5.
The accounts from former hostages and other Christian Aid Ministries staffers, in recent recorded talks to church groups and others, were the first public acknowledgement from the organization that ransom was paid at any point following the Oct. 16 kidnapping of 16 Americans and a Canadian affiliated with CAM.
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https://www.yourbasin.com/news/national/ap-new-hampshire-nurse-reportedly-kidnapped-in-haiti-had-praised-country-for-its-resilience/
| 2023-07-31T20:48:49
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RICHMOND, Va. (AP) — Chris Buescher was already in good position to qualify for NASCAR’s playoffs.
Now, even something remarkable over the last four races of the regular season won’t keep him out.
Buescher pulled away on a restart with three laps to go to win at Richmond Raceway on Sunday and snag one of the final spots in NASCAR’s playoff field.
Buescher led 88 laps and was ahead by nearly 6 seconds when a caution came out with under 10 laps to go. That erased his lead over Virginia native Denny Hamlin, who was booed by his hometown crowd before the race.
But Hamlin got a poor final restart and Buescher easily pulled away for his first Cup Series win of the season, third of his career.
“I knew that last restart was going to be tough, but I knew we had the speed in this thing,” Buescher said.
He and RFK Racing teammate Brad Keselowski led a combined 190 of the 400 laps in their Fords. Keselowski, now a part owner of the team, led 102 laps on the 0.75-mile oval.
Buescher started 26th and had to drive through the field for the win that locked him into the 16-driver playoff field. Buescher became the 13th race winner this year and there are three playoff spots up for grabs over the next month.
It was the 139th Cup win for primary team owner Jack Roush, second since Keselowski joined the ownership group.
Ford now has 723 wins in NASCAR’s top Cup Series.
“Everybody at RFK Racing who has worked so hard to get us to this point,” said Buescher.
Hamlin, winner last week at Pocono, finished second in a Toyota for Joe Gibbs Racing. Kyle Busch was third in a Chevrolet for Richard Childress Racing, followed by the Fords of Joey Logano from Team Penske and Ryan Preece of Stewart-Haas Racing.
“One win is good, but you get three or four or five and then you feel a lot better,” Keselowski said. “It sure beats not having any at all, but we want to keep going. It’s nice to have one car locked in the playoffs. We need to get both cars locked in the playoffs. We have a good points gap, but we want wins and this is where we need to be.”
Keselowski, despite being winless this season, is still mathematically in contention for the playoffs.
The race was slowed just three times by caution flags, with the final yellow sending the leaders to pit road for four tires with eight laps to go. When the green flag was shown again, Buescher used the inside line to pull away for his third career victory.
Hamlin’s bid for the victory ended on the second lap of the final sprint when he drove in too deep in the first turn and slid up the track. He finished 0.549-seconds behind Buescher.
“I got a bad restart,” Hamlin said. “I had to recover too much ground from what I lost on the front stretch. Almost got to the outside, and then in turn four, almost got to the outside again, and then in turn one, I was like ‘I’m just going to ship it in there and try to get to the outside one more time’ and I just carried way too much speed and locked up the left front tires.”
LARSON-HAMLIN
Kyle Larson, angered last week when Hamlin caused him to hit the wall while leading while Hamlin went on to win, was running a few laps down when he nudged Hamlin out of the way with 70 laps to go during Sunday’s race.
Larson, who won at Richmond in April, finished 19th.
“I think he was having a frustrating day,” Hamlin said. “It’s all good.”
SCORCHER
With temperatures in the mid-80s, it was about 15 degrees cooler than Saturday, when the temperature approached 100 and the heat index was at least 105.
Nevertheless, points leader Martin Truex Jr. still struggled.
“It was definitely really, really hot,” he said. “It felt longer than 400 laps. I’ll be honest, when we got to the end of stage two —– I thought there was no way. I thought that was the checkered flag. It just felt really, really long.”
Truex finished seventh.
CLEAN RACE
All 36 cars that started the race were still running at the end.
UP NEXT
The series moves to Michigan where Kevin Harvick, winless so far in this his final season, is the defending champion.
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AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports
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| 2023-07-31T20:48:48
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Funding by California Transportation Commission and Oregon Department of Environmental Quality
LONG BEACH, Calif., July 31, 2023 /PRNewswire/ -- On the heels of opening the nation's largest public charging depot for electric commercial trucks at the Port of Long Beach, WattEV announced today it has secured $40.5 million in grants to further expand its growing network of electric truck stops into Northern California and Oregon.
WattEV, the industry leader in heavy-duty freight electrification, has been awarded two separate grants: one for a solar-powered truck charging depot across Interstate 5 from the airfreight hub adjacent to Sacramento International Airport, and another for a grid-connected charging depot along Interstate 5 in Salem, Ore.
WattEV has secured a $34 million federal grant through the California Transportation Commission to build and operate what will become the nation's largest electric charging depot on more than 100 acres of land immediately south of Sacramento International Airport (SMF) on Interstate 5.
The SMF project is expected to open in mid- to late-2025 with 15.6 MW of solar power supplemented by 7.2 MW of grid power supplied by the Sacramento Municipal Utility District.
The SMF depot will have 30 DC fast chargers for passenger vehicles, 90 high-power CCS-1 cords for medium- and heavy-duty commercial electric vehicles, and 18 megawatt cords for pass-through charging of HD trucks using the upcoming Megawatt Charging Standard (MCS).
"We're proud to partner with WattEV as they continue to advance transition of U.S. trucking transport to zero emissions," said Cindy Nichol, Director of Sacramento County Department of Airports. "Sacramento International Airport's proximity to one of largest goods distribution centers in the state makes this an ideal location to serve California's 'electric highway.'"
WattEV was also awarded $6.5 million from the Oregon Department of Environmental Quality to build a 6-acre EV charging depot. The Salem, Ore., site will be grid-connected in cooperation with Portland General Electric.
Planning for the Salem electric truck stop includes 30 CCS 240 KW chargers and six MCS 1200 KW chargers. It's expected to open in 2025 as well.
"These grant awards will allow us to meet our plans to expand our network of electric-truck charging depots from the Mexican border to Portland, Oregon, via Interstate 5, on what government planners and industry stakeholders are calling the 'electric highway,'" explained WattEV co-founder and CEO Salim Youssefzadeh.
The grant for the SMF project comes from the U.S. Department of Transportation's "Trade Corridor Enhancement Program," which distributes funding through state transportation agencies.
"We're building out the West Coast corridor while also reaching eastward along the I-10 toward Arizona and Texas and, eventually, to the East Coast," Youssefzadeh said. "To expand the WattEV network, we'll match our grants with private capital to fund this massive infrastructure buildout."
WattEV selects the locations of its charging depots based on analysis of freight routes, range of electric trucks and energy supply.
"We picked our site in Sacramento because of its strategic location next to the Metro Air Park Logistics Center, where more than 10-million square-feet of warehouse space is planned," said Youssefzadeh, "and its close proximity to downtown Sacramento – just 10 minutes away."
Sacramento County and surrounding areas contain one of the largest concentrations of California's goods distribution centers, serving many of the largest shippers in the country.
The Sacramento Metropolitan Air Quality Management District (Sac Metro Air District) has committed to working closely with WattEV on the project as it will have significant air quality benefits for Sacramento.
"Emissions from fossil-fuel powered cars and trucks are the largest source of air pollution in the Sacramento region," said Sac Metro Air District Transportation and Climate Change Program Manager Raef Porter. "Over the past 25 years, the Air District has invested $300 million in clean air projects. We're proud to continue that commitment by partnering with WattEV on this transformative solar-powered, electric charging depot. Building new electric vehicle infrastructure is imperative to the successful transition to clean transportation and ensuring a clean air and low carbon future for all."
The SMF depot will initially serve as a charging hub for local and regional distribution centers, and later as a depot serving the north-south freight corridor stretching from WattEV's newly opened charging depot in the Port of Long Beach, connecting to Oregon and Washington state.
"We not only have the demand for regional distribution in Sacramento County," Youssefzadeh explained, "but we also have existing shippers asking us to transport freight from their logistic centers in the Los Angeles area to distribution centers of retailers in Sacramento."
About WattEV
WattEV's mission is to accelerate the transition of U.S. trucking transport to zero emissions. It relies on a combination of business and technology innovations to create charging infrastructure and data-driven workflow that provide truckers and fleet operators the lowest total cost of ownership. WattEV's goal is to get 12,000 heavy-duty electric trucks on California roads by the end of 2030, exceeding existing forecasts. More information is available online at www.WattEV.com.
About the Sac Metro Air District
The Sac Metro Air District is the leading Sacramento region agency responsible for monitoring air quality, reducing air pollution, enforcing air quality regulations, and promoting decarbonization efforts through innovative incentive programs and projects. The Air District also works to ensure clean air and meet National Ambient Air Quality standards. For more information about the Air District, please visit www.AirQuality.org.
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https://www.wbtv.com/prnewswire/2023/07/31/wattev-awarded-405-million-build-truck-charging-depots-northern-california-oregon-along-electric-highway/
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https://www.wbtv.com/prnewswire/2023/07/31/wattev-awarded-405-million-build-truck-charging-depots-northern-california-oregon-along-electric-highway/
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Tech Veteran Brings Nearly Three Decades of Experience to Help Drive Growth for Leading Fast-Casual Mexican Restaurant
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Modern Restaurant Concepts ("MRC"), a leading fast-casual restaurant platform comprised of the QDOBA and Modern Market Eatery brands, announced that Prashant Budhale has joined the company as Chief Technology Officer. Budhale brings more than 28 years of experience in technology leadership to MRC, and as CTO, will lead all technology across MRC brands.
"We are excited for Prashant to join the MRC team," said John Cywinski, CEO of Modern Restaurant Concepts. "I view technology as a foundational enabler of all that we do in the restaurant business, from a guest, team member, and corporate enterprise perspective. Prashant will lead our strategy to drive technology as a powerful brand differentiator, and he will be a terrific collaborator with our existing leadership team as well as our franchise partners moving forward."
"I'm excited about QDOBA's history of strong same store sales growth, potential for net unit growth, and the ability for technology to make a positive impact to both guest and team member experiences," Budhale said. "I'm also very encouraged by John's vision and Butterfly Equity's commitment to the growth of brands within MRC portfolio."
Prior to joining Modern Restaurant Concepts, Budhale served as Head of Technology for SONIC Drive-In, part of the Inspire Brands portfolio. At SONIC, he was responsible for the vision, development, and implementation of all technology initiatives across the 3,550 unit, $6B brand. Prior to SONIC, Prashant was Senior Director for Pizza Hut, part of YUM! Brands, where he led retail technology. Earlier in his career, Prashant worked as a software development consultant with IBM, Allstate, Oracle, Capgemini, and Fujitsu America.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
For more information on the company, please visit www.QDOBA.com or follow the brand on Instagram, Facebook, Twitter and TikTok.
About Modern Restaurant Concepts
Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America with nearly 800 units across two brands, QDOBA and Modern Market Eatery. The system operates corporate-owned and franchised units across nearly every U.S. state as well as Canada and Puerto Rico. Modern Restaurant Concepts is owned by Butterfly Equity, a Los Angeles-based private equity firm specializing in the food sector, with more than $10 billion of equity capital in companies ranging from growth-stage to Fortune 500 enterprises.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
Modern Market Eatery is a food forward, sustainable fast casual restaurant concept that operates in Colorado, Texas, Arizona, and Indiana. Delivering the freshness and flavors of the market in a modern dining format and environment, Modern Market Eatery's menu of protein-centric bowls, garden fresh salads, toasted sandwiches and brick-oven pizzas redefine what it means to eat well at a reasonable price. For additional information about Modern Market Eatery, please visit www.modernmarket.com.
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SOURCE QDOBA
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https://www.wibw.com/prnewswire/2023/07/31/modern-restaurant-concepts-announces-appointment-prashant-budhale-chief-technology-officer/
| 2023-07-31T20:48:51
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https://www.wibw.com/prnewswire/2023/07/31/modern-restaurant-concepts-announces-appointment-prashant-budhale-chief-technology-officer/
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ODESSA, Texas (KMID/KPEJ)- The Odessa Police Department is asking for help from the community to identify a man accused of theft.
According to OPD, on July 14, the suspect pictured below stole a package from a home on Old Lampasas Trail. Anyone who recognizes the suspect, or his vehicle, is asked to call Detective Hughes at 432-335-3345 or Crime Stoppers at 432-333-TIPS and reference case number 23-0005001. If your Crime Stoppers tip leads to an arrest, it could be worth a cash reward.
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https://www.yourbasin.com/news/opd-searching-for-suspected-porch-pirate-2/
| 2023-07-31T20:48:55
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https://www.yourbasin.com/news/opd-searching-for-suspected-porch-pirate-2/
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DENVER, July 31, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area (CPA) and periodic use area (PUA) coordination zone boundaries.
As part of an ongoing interagency effort to facilitate the shared usage of critically important mid-band spectrum, Palantir's software will enable DISA's Defense Spectrum Organization (DSO) to support formal and informal coordination processes between the Department of Defense and commercial licensees. Existing and future government activities in the spectrum band are vital to protect national security and ensure military readiness.
Palantir software will be used to integrate multiple existing functions and capabilities into a single infrastructure that will result in more efficient workflows, reducing the timelines for licensee coordination with DoD to establish sharing agreements and enable deployment of 5G wireless services within CPA/PUA boundaries. Palantir software will also be used to demonstrate the ability to support more advanced spectrum sharing use cases.
"We are proud to partner with DISA DSO to support the complex task of sharing limited spectrum resources between federal and commercial users," said Akash Jain, President, Palantir USG. "We are excited to rapidly deploy software that will accelerate and automate coordination workflows and enable the increasingly dynamic and efficient use of spectrum."
"As military and commercial use of radio-frequency spectrum continues to grow, spectrum coordination will be increasingly necessary to preserve the effectiveness of critical national security capabilities while enabling U.S. commercial leadership in 5G and other critical technology areas. Palantir looks forward to working alongside the Department of Defense to deploy innovative software solutions that support advanced spectrum sharing workflows and processes," said Miriam Marwick, SVP, Emerging Technologies, Palantir USG.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Media Contact
Lisa Gordon
media@palantir.com
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https://www.kxii.com/prnewswire/2023/07/31/palantir-selected-by-department-defense-automate-spectrum-coordination-workflows/
| 2023-07-31T20:48:54
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https://www.kxii.com/prnewswire/2023/07/31/palantir-selected-by-department-defense-automate-spectrum-coordination-workflows/
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ENGLEWOOD, Colo., July 31, 2023 /PRNewswire/ -- WOW! Internet, TV & Phone (NYSE: WOW), a leading broadband provider in the United States, announced today it will host a webcast and conference call on Tuesday, August 8, 2023, at 8:00 a.m. ET to discuss financial and operating results for the second quarter 2023. WOW! will issue a news release reporting its results earlier that morning.
The conference call will be broadcast live on the company's investor relations website at ir.wowway.com. Those parties interested in participating via telephone should dial (888) 330-3556 with the conference ID number 4844814. International callers should dial (646) 960-0826 and use the same conference ID number.
A replay of the call will be available August 8, 2023, at 11:00 a.m. ET, on the investor relations website or by telephone. To access the telephone replay, which will be available until August 22, 2023, at 11:59 p.m. ET, please dial (800) 770-2030 or (647) 362-9199 and use conference ID 4844814.
About WOW! Internet, TV & Phone
WOW! is one of the nation's leading broadband providers, with an efficient and high-performing network that passes nearly 2 million residential, business and wholesale consumers. WOW! provides services in 15 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Georgia and Florida, including the new all-fiber network in Central Florida. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, home phone, mobile phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized 10 times by the National Association for Business Resources as a Best & Brightest Company to Work For in the Nation, winning the award for the last six consecutive years and making the 2022 Top 101 National Winners list. Visit wowway.com for more information.
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SOURCE WideOpenWest, Inc.
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https://www.wbtv.com/prnewswire/2023/07/31/wideopenwest-inc-announce-second-quarter-2023-financial-results/
| 2023-07-31T20:48:55
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https://www.wbtv.com/prnewswire/2023/07/31/wideopenwest-inc-announce-second-quarter-2023-financial-results/
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ATLANTA (AP) — Matt Olson says it’s no mystery why he’s leading the majors in RBIs.
In Atlanta’s powerful lineup, Olson is often hitting with runners on base.
Olson drove in five runs with two homers, including a two-run shot in the eighth, and the Braves beat the Milwaukee Brewers 8-6 on Sunday to cap their sweep of the high-scoring series.
Olson has 35 homers, tops in the NL, and 88 RBIs. The Braves scored 29 runs in the three-game sweep in the matchup of NL contenders.
“There’s always dudes on base,” Olson said. “I feel like I’m rarely taking at-bats with the bases empty.”
The only player in the majors with more homers than Olson is Shohei Ohtani, with 39. Ohtani will bring the Los Angeles Angels into Atlanta for a series beginning Monday night.
With the sweep, the Braves won five of six against the Brewers in the last two weeks, including two of three in Milwaukee on July 21-23.
“You know you’re probably not shutting them out,” said Brewers left fielder Christian Yelich, who homered and drove in two runs.
Yelich said a “back-and-forth game” is likely against Atlanta. Sure enough, the Brewers lost despite holding leads of 1-0, 3-2 and 6-5.
“To keep roaring back, it’s a testament to how tough these guys are,” Braves manager Brian Snitker said.
Atlanta (67-36) leads the NL East by 11 1/2 games over Miami. Milwaukee’s loss coupled with Cincinnati’s win at the Dodgers dropped the Brewers (57-49) into second in the NL Central.
Orlando Arcia led off the eighth with a double to left against Milwaukee’s Joel Payamps (4-2). With one out, Olson’s tiebreaking 35th homer landed in the Atlanta bullpen in right-center.
Payamps entered with a string of 17 consecutive scoreless appearances. He had allowed just seven hits in his last 18 innings.
Kirby Yates (5-0) pitched a scoreless eighth for the win. Raisel Iglesias earned his 20th save by striking out the side in the ninth.
Olson’s three-run homer lifted the Braves to a 5-3 lead in the third. He drove in Ronald Acuña Jr., who singled and stole second, and Austin Riley, who walked.
Collin McHugh blew the 5-3 lead by giving up three runs in the sixth. William Contreras doubled in two runs for Milwaukee.
Atlanta’s Marcell Ozuna tied the game at 6 with his homer off Hoby Milner.
Riley continued his power surge for Atlanta by hitting his eighth homer in the last 11 games in the first, giving him 24 on the year. The two-run shot off Colin Rea carried 463 feet to left-center.
Rea allowed five runs in five innings.
Carlos Santana, acquired from Pittsburgh on Saturday, hit his first homer with the Brewers in the third. The liner over the right-field wall gave Milwaukee a 3-2 lead. Yelich led off the third with his 16th homer.
TRADE
Atlanta added veteran infielder Nicky Lopez in a trade with the Kansas City Royals. The Braves sent left-hander Taylor Hearn to Kansas City for the 28-year-old Lopez, who can play shortstop, second base and third.
ROOKIE RETURNS
Atlanta rookie AJ Smith-Shawver, recalled from Triple-A Gwinnett before the game, allowed three runs and four hits in five innings.
“He’s got a great way about him,” Snitker said of the 20-year-old right-hander. “There’s no panic in him. … There’s tremendous upside for him as he figures things out.”
FIRST THINGS FIRST
Thanks to Riley’s homer, the Braves have scored 109 first-inning runs, the most in the majors by any team in any inning. The Texas Rangers’ 90 fourth-inning runs are second on the list.
“We come in ready to swing and ready to do damage,” Ozuna said.
TRAINING ROOM
Brewers: LHP Wade Miley (left elbow) will come off the 15-day injured list to start Wednesday night at Washington. … RHP Brandon Woodruff (right shoulder) will pitch for Triple-A Nashville on Tuesday. … RHP Julio Teheran (right hip impingement) was placed on the 15-day IL. RHP Peter Strzelecki was recalled from Nashville.
UP NEXT
Brewers: RHP Corbin Burnes (9-6, 3.46 ERA) is scheduled to pitch Monday night’s opener of a three-game series at Washington against RHP Jake Irvin (3-5, 4.96 ERA).
Braves: Atlanta opens an interleague series against the Los Angeles Angels on Monday night. Braves RHP Charlie Morton (10-8, 3.57 ERA) faces RHP Griffin Canning (6-4, 4.46 ERA). Morton is 4-1 with a 3.83 ERA in 10 career starts against the Angels.
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AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP–Sports
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https://www.kron4.com/sports/ap-sports/ap-olson-drives-in-5-with-2-hrs-including-go-ahead-shot-as-braves-sweep-brewers-8-6/
| 2023-07-31T20:48:55
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2025 Cruises and Cruisetours from Alaska's Leading Cruise Line
on Sale August 3
Family Favorite Caribbean Princess to Sail Alaska for First Time
SANTA CLARITA, Calif., July 31, 2023 /PRNewswire/ -- Princess Cruises has unveiled its 2025 Alaska cruise and cruisetours season, featuring three captivating roundtrip itineraries and an exclusive new National Parks Cruisetour. These remarkable offerings are available for booking starting August 3.
New Adventures and Extended Journeys Await, including a Departure from LA:
New for 2025 from the cruise line that brings the most guests to Alaska every year is a 22-day roundtrip voyage sailing from San Francisco on Ruby Princess that coincides with the Summer Solstice, and a 17-day roundtrip cruise from Seattle on Grand Princess featuring three days of scenic glacier viewing. For guests seeking to sail from Southern California, a new 16-day roundtrip Inside Passage voyage from Los Angeles on Grand Princess offers a convenient and affordable option.
National Parks Cruisetour
Following its debut in 2024, the National Parks Cruisetour returns in 2025 with a 15-night adventure to five of Alaska's most breathtaking parks. Guests will have the opportunity to explore Glacier Bay, Denali, Wrangell-St. Elias, Kenai Fjords National Parks, and Klondike Gold Rush National Historical Park in Skagway. Unique to Princess, this experience combines a seven-day Voyage of the Glaciers cruise, scenic rail travel, and multiple days on land, including stays at four Princess-owned wilderness lodges.
"As the market leader in Alaska, we're excited to offer guests even more exciting ways to see the natural beauty of Alaska with itineraries in 2025 that serve up new adventures and extended journeys that first-time guests and repeat visitors are going to find intriguing," said John Padgett, Princess Cruises president. "We're also making it easier for guests to access an Alaska cruise by bringing back a roundtrip option out of Los Angeles, which also make it more affordable for millions within that drive market."
Caribbean Princess to Debut in Alaska in 2025
In 2025, seven Princess ships will sail to Alaska, including Caribbean Princess for the first time. In addition, the number of Princess homeports offering Alaska voyages expands to five with the addition of Los Angeles, with the season featuring 21 cruise destinations and four glacier-viewing experiences, highlighted by 88 visits to Glacier Bay National Park, taking more guests to this spectacular national park than any other cruise line.
With 155 total departures on 18 unique itineraries ranging in length from 4 to 22 days, cruise and cruisetour choices include:
Cruises – Seven Ships, Five Homeports
- NEW! Ultimate Alaska Solstice with Glacier Bay National Park: 22-day roundtrip from San Francisco on Ruby Princess – departs June 6, 2025
- NEW! Ultimate Alaska with Glacier Bay National Park: 17-day roundtrip from Seattle on Grand Princess – departs May 6, 2025
- Inside Passage with Glacier Bay National Park: 16-day roundtrip from Los Angeles on Grand Princess visiting Juneau, Skagway, Glacier Bay National Park, Sitka, Icy Strait Point, Ketchikan and Victoria, B.C. – departs August 30, 2025
- Voyage of the Glaciers: This top-rated seven-day itinerary features Juneau, Skagway, Ketchikan, and two glacier-viewing experiences at Glacier Bay National Park and Hubbard Glacier or College Fjord. Caribbean Princess, Coral Princess, and Sapphire Princess offer weekly northbound and southbound cruises from Vancouver, B.C. to Anchorage (Whittier) and vice versa. Guests can combine select seven-day voyages for an amazing 14-day Voyage of the Glaciers Grand Adventure – operates May 10 to September 13, 2025.
- Inside Passage: Princess' signature seven-day roundtrip sailings from Seattle and Vancouver, B.C., as well as 11-day roundtrip departures from San Francisco and Vancouver that include four ports of call and a day of glacier viewing. Many Inside Passage cruises include Glacier Bay National Park. Discovery Princess and Royal Princess sail from Seattle weekly, May 4 – September 21, 2025. Grand Princess offers weekly cruises from Vancouver, B.C., May 27 – August 19, 2025. Ruby Princess sails 11-day cruises roundtrip from San Francisco May 4 – September 13, 2025.
- Alaska Samplers: Three itineraries of four to five days offer shorter voyages for guests looking for a quick getaway. Discovery Princess, Royal Princess and Grand Princess operate four-day, roundtrip voyages between Vancouver, B.C. to Seattle with a stop in Ketchikan – departing April 30, May 13 and May 23, 2025. Caribbean Princess sails a four-day, roundtrip cruise from Vancouver, B.C., with a visit to Ketchikan departing September 13, 2025, and a five-day roundtrip cruise from Vancouver, B.C., with stops in Sitka and Ketchikan sailing May 5, 2025.
Cruisetours
- More than 26 cruisetour options give guests variety of choice with four styles of travel including Denali Explorer tours, On Your Own options, Connoisseur Deluxe Escorted and Off the Beaten Path.
- The exclusive Direct-to-the-Wilderness rail service ensures a seamless transition between the ship in Whittier and the Denali area on the same day.
Award-Winning North to Alaska Program
Princess' award-winning North to Alaska program enriches the onboard and onshore experience with local lumberjacks, Iditarod champions, and storytellers sharing their Alaska experiences and insights. Other offerings include Wild for Alaska seafood menus, a variety of shore excursions, Puppies in the Piazza to meet sled-dog puppies, Junior Ranger program for youth, and authentic commentary by Glacier Bay Park Rangers and Naturalists.
Visit www.princess.com/alaska for more details on the 2025 Alaska cruises and cruisetours season from Princess Cruises.
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-Princess (1-800-774-6237) or by visiting www.princess.com.
About Princess Cruises
Princess Cruises is The Love Boat, the world's most iconic cruise brand that delivers dream vacations to millions of guests every year in the most sought-after destinations on the largest ships that offer elite service personalization and simplicity customary of small, yacht-class ships. Well-appointed staterooms, world class dining, grand performances, award-winning casinos and entertainment, luxurious spas, imaginative experiences and boundless activities blend with exclusive Princess MedallionClass service to create meaningful connections and unforgettable moments in the most incredible settings in the world - the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. The company is part of Carnival Corporation & plc (NYSE/LSE:CCL; NYSE:CUK).
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https://www.wibw.com/prnewswire/2023/07/31/national-parks-cruisetour-longer-adventures-new-itineraries-highlight-princess-cruises-2025-alaska-season/
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Looking for a job? 10 Milwaukee industries doing the most hiring in the next seven years
Are you searching for a job in Milwaukee or planning to soon? If so, careers in the industries on this list might be worth considering.
Research analysts and economists at the Wisconsin Department of Workforce Development, or DWD, estimate in their "Hot Jobs" report that, from this year through 2030, there will be over 55,000 job openings every year in Milwaukee County.
Here are the 10 industries expected to have the most annual job openings in the county during the next seven years.
Registered nurses ― 946 annual openings
By far the most in-demand job in the county is a registered nurse.
The DWD estimates there will be 946 job openings for registered nurses in Milwaukee County every year through 2030. The median wage of a registered nurse in the county during this time is expected to be just under $76,500 per year.
The DWD estimates that, through the end of the decade, registered nurses will also be the most in-demand job in Wisconsin's north central region and the fifth-most in-demand job in the state's northwest region.
Truck drivers ― 606 annual openings
For the remainder of the decade, it is estimated there will be 606 job openings each year for heavy and tractor-trailer truck drivers in Milwaukee County. The expected median wage for these truck drivers is $51,518 per year.
Additionally, through 2030, there are expected to be more job openings for truck drivers than in any other industry in southeastern, northwest, west central and western Wisconsin.
Wholesale and manufacturing sales representatives ― 438 annual openings
An estimated 438 job openings for wholesale and manufacturing sales representatives for non-technical and non-scientific products will be available in Milwaukee County every year through 2030. The estimated median wage for these workers is about $64,000 per year.
According to the U.S. Bureau of Labor Statistics, wholesale and manufacturing sales representatives sell goods for wholesalers or manufacturers to businesses, government agencies and other organizations. Sales representatives are among the top 10 most in-demand jobs for the next seven years in every Wisconsin region.
General and operations managers ― 433 annual openings
Over the next seven years, there will be an estimated 433 job openings for general and operations managers annually in the county. These managers are expected to earn a median wage of $138,657 per year.
According to the BLS, general and operations managers "plan, direct or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations." Job responsibilities vary greatly ― from managing people to purchasing to administrative services. This role typically requires a bachelor's degree.
Like many of the careers on this list, the DWD reports that general and operations managers will not only be in high demand in Milwaukee County over the next seven years but throughout Wisconsin.
Management analysts ― 355 annual openings
The DWD anticipates numerous job openings across the state annually for management analysts through 2030. In Milwaukee County, an estimated 355 jobs for management analysts will be open each year, with a median wage of just over $85,000 per year.
Often called management consultants, management analysts recommend ways to "make organizations more profitable through reduced costs and increased revenues," the BLS states. In order to inform their recommendations, management analysts often analyze data and conduct interviews and observations. This career typically requires a bachelor's degree.
Software developers, software quality assurance analysts and testers ― 321 annual openings
There will be an estimated 321 job openings annually for software developers and software quality assurance analysts and testers in Milwaukee County through 2030, the DWD reported. It is estimated these workers, who usually need a specialized bachelor's degree, will earn a median wage of just over $98,000 per year.
Jobs in this sector are also among the top 10 most in-demand jobs for the next seven years in Wisconsin's Waukesha, Ozaukee and Washington counties, the Green Bay region and south central regions.
Human resources specialists ― 284 annual openings
The DWD estimates there will be 284 job openings for human resources specialists in the county every year through 2030. The expected median wage for these workers is $61,430.
Human resources specialists are also expected to be among the top 10 most in-demand jobs in Waukesha, Ozaukee and Washington counties, as well as the western and south central regions through the end of the decade.
First-line supervisors of production and operating workers ― 282 annual openings
An estimated 282 job openings for first-line supervisors of production and operating workers will be open in Milwaukee County annually through the end of the decade. The DWD estimates these workers will earn a median wage of almost $64,000 per year.
According to the BLS, workers in this field "directly supervise and coordinate the activities of production and operating workers, such as inspectors, precision workers, machine setters and operators, assemblers, fabricators, and plant and system operators." First-line supervisors generally need a high school diploma or GED.
The DWD estimates that jobs in this field will be among the top 10 most in-demand jobs through the end of the decade in most Wisconsin regions.
Market research analysts and marketing specialists ― 276 annual openings
An estimated 276 job openings annually will be available for marketing research analysts and marketing specialists in Milwaukee County through 2030. The median wage of these workers is estimated to be $65,722 per year.
Welders, cutters, solderers and brazers ― 224 annual openings
Welders, cutters, solderers and brazers make up another job field expected to have numerous openings throughout Wisconsin through 2030. In Milwaukee County, the DWD estimates there will be 224 job openings in this field annually during this time period, with these workers earning a median wage of just over $50,000 per year.
The BLS states that welders, cutters, solderers and brazers "use hand-held or remotely controlled equipment to join, repair or cut metal parts and products," and may work either indoors or outdoors. A high school diploma or GED, plus technical and on-the-job training are generally required to enter this field.
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https://www.jsonline.com/story/money/careers/2023/07/31/job-openings-milwaukee-wisconsin-top-10-industries-hiring/70486897007/
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https://www.jsonline.com/story/money/careers/2023/07/31/job-openings-milwaukee-wisconsin-top-10-industries-hiring/70486897007/
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ODESSA, Texas (KMID/KPEJ)- The Odessa Police Department is asking for help from the community to identify two men accused of theft.
According to the Department, the two men pictured below allegedly cut a fence belonging to Sparklight, located at 4701 E 52nd Street, and stole a utility trailer valued at $10,000. Detectives said the men drove away from the scene in a red Ford Ranger with no tailgate.
Anyone who recognizes the suspects, or their vehicle, is asked to call Detective Troglin at 432-284-2012 or Crime Stoppers at 432-333-TIPS and reference case number 23-0005001. If your Crime Stoppers tip leads to an arrest, it could be worth a cash reward.
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https://www.yourbasin.com/news/opd-searching-for-two-men-accused-of-theft/
| 2023-07-31T20:49:01
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https://www.yourbasin.com/news/opd-searching-for-two-men-accused-of-theft/
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DENVER, July 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on July 31, 2023 of $0.1050 per share to shareholders of record at the close of business on July 18, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2023 federal income tax return. The final tax character of any distribution declared in 2023 will be determined in January 2024 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member.
PRE000386 7/31/2024
View original content:
SOURCE Principal Real Estate Income Fund
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https://www.kxii.com/prnewswire/2023/07/31/principal-real-estate-fund-announces-notification-sources-distribution/
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Delivered record-breaking second quarter performance in Total Revenues, Operating Profit and net new adds
Total Revenues up 25%; System Sales grew 32% in constant currency; Operating Profit increased 216%
Store openings accelerated, 655 net new adds in the first half, on track for full-year net new store target
SHANGHAI, July 31, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second quarter ended June 30, 2023.
Second Quarter Highlights
- Total revenues increased 25% year over year to $2.65 billion from $2.13 billion (a 32% increase excluding foreign currency translation ("F/X")).
- Total system sales increased 32% year over year, with increases of 32% at KFC and 30% at Pizza Hut, excluding F/X. Growth was mainly attributable to same-store sales, new unit contribution and lapping of temporary store closures in the prior year.
- Same-store sales increased 15% year over year, with increases of 15% at KFC and 13% at Pizza Hut, excluding F/X.
- Opened 422 net new stores during the quarter; total store count reached 13,602, as of June 30, 2023.
- Operating Profit increased 216% year over year to $257 million from $81 million (a 228% increase excluding F/X), primarily driven by sales leveraging and margin expansion.
- Adjusted Operating Profit increased 215% year over year to $259 million from $82 million (a 227% increase excluding F/X).
- Restaurant margin was 16.1%, compared with 12.1% in the prior year period.
- Effective tax rate was 24.7%.
- Net Income increased 138% to $197 million from $83 million in the prior year period, primarily due to the increase in Operating Profit.
- Adjusted Net Income increased 137% to $199 million from $84 million in the prior year period (a 207% increase excluding the net loss of $9 million in the second quarter of 2023 and net gain of $16 million in the second quarter of 2022, from the mark-to-market equity investment in Meituan; a 219% increase if further excluding F/X).
- Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period.
- Adjusted Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period (a 206% increase excluding the net loss from the mark-to-market equity investments in the second quarter of 2023 and net gain in the second quarter of 2022; a 219% increase if further excluding F/X).
Key Financial Results
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "We achieved outstanding results, delivering substantial growth in the top-line and bottom-line, in the second quarter, thanks to our teams' dedication and creativity. This once again demonstrates our anti-fragile business model and ability to capture opportunities in good times and stay resilient in bad times. Our innovative products and compelling value captured customer demand and drove double-digit same-store sales growth. KFC's "K-zza" and Pizza Hut's new menu items were hugely popular. Our exciting campaign with Genshin Impact and fun toy offerings with Sanrio and Pokemon spurred strong demand and brought consumers moments of joy. We registered record daily transactions of 8.5 million on Children's Day. Our amazing operations team, robust end-to-end digital capabilities and agile supply chain enabled us to flexibly handle surges in customer traffic through holiday periods and special marketing campaigns, while maintaining consistent quality and customer service. As a result of these collective efforts, our operating profit for the first half of this year already exceeded the entire year of 2022."
Wat continued, "We accelerated the pace of new store openings in the second quarter and celebrated two milestones. Pizza Hut surpassed 3,000 stores in China and KFC exceeded 500 stores in Shanghai alone. With 655 net new stores in the first half of 2023, we are on track to meet our expansion goals for the year. Importantly, new store payback periods remain healthy. Furthermore, we see abundant white space in China. With a presence in 1,900 cities, we are still tracking over 800 cities without a KFC. Similarly, Pizza Hut has a great potential for expanding its footprint. With our flexible store formats, we continue to expand addressable markets across city tiers. By actively pursuing our RGM (Resilience-Growth-Moat) strategy and leveraging our industry-leading strengths, we are confident in our ability to capture long-term growth opportunities."
Andy Yeung, CFO of Yum China, added, "We delivered record second-quarter revenues and profits, despite challenging macro conditions and an uptick of COVID infections during the quarter. When customer demand softened in May, we adjusted nimbly to address consumer needs, captured holiday spending and successfully regained sales momentum. Sales growth and proactive cost structure rebasing helped us improve operating leverage, expanding restaurant margins and delivering record operating profit in the quarter. Even though same-store sales remained below 2019 levels, our revenue in the second quarter has increased by 25% and operating profits have risen by 26% compared to pre-pandemic levels in 2019."
"As we move into the third quarter, driving sales remains our top priority. We have lined up exciting marketing campaigns and resources to seize sales opportunities in the peak summer season. Our efforts on efficiency improvement and cost structure rebasing should continue to benefit profitability in the long run. But, it is worth noting that last year's record third-quarter restaurant margins set a relatively high benchmark, due to austerity measures and temporary reliefs. We will continue to stay agile through evolving market conditions, expand our store network and fortify our competitive moat to drive sustainable long-term growth," Yeung concluded.
Share Repurchases and Dividends
- During the second quarter, the Company repurchased approximately 1 million shares of Yum China common stock for $62 million at an average price of $60.23 per share. As of June 30, 2023, approximately $1 billion remained available for future share repurchases under the current authorization.
- The Board declared a cash dividend of $0.13 per share on Yum China's common stock, payable on September 18, 2023 to shareholders of record as of the close of business on August 28, 2023.
Digital and Delivery
- The KFC and Pizza Hut loyalty programs exceeded 445 million members combined, as of quarter-end. Member sales accounted for approximately 66% of system sales in the second quarter of 2023.
- Delivery contributed approximately 35% of KFC and Pizza Hut's Company sales in the second quarter of 2023, a decrease of 3% compared with the prior year period.
- Digital orders, including delivery, mobile orders and kiosk orders, accounted for approximately 90% of KFC and Pizza Hut's Company sales in the second quarter of 2023.
New-Unit Development and Asset Upgrade
- The Company opened 422 net new stores in the second quarter of 2023, mainly driven by development of the KFC and Pizza Hut brands.
- The Company remodeled 171 stores in the second quarter of 2023.
Restaurant Margin
- Restaurant margin was 16.1% in the second quarter of 2023 compared with 12.1% in the prior year period, driven primarily by sales leveraging and ongoing benefits of cost structure rebasing efforts; partially offset by lapping austerity measures in the prior year, higher promotion costs, and wage inflation.
2023 Outlook
The Company's fiscal year 2023 targets remain unchanged:
- To open approximately 1,100 to 1,300 net new stores.
- To make capital expenditures in the range of approximately $700 million to $900 million.
Company Updates
- On July 17, 2023, the Company announced the appointment of Mr. David Hoffmann to the Board of the Directors. With this appointment, the Board is now comprised of 10 directors, nine of whom are independent.
Note on Non-GAAP Measures
Reported GAAP results include Special Items, which are excluded from non-GAAP adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures" within this release. In addition, for the non-GAAP measures of Restaurant profit and Restaurant margin, see "Reconciliation of GAAP Operating Profit to Restaurant Profit" under "Segment Results" within this release.
Conference Call
Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, July 31, 2023 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 1, 2023).
A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/4rchbbk4/.
To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique access PIN.
Pre-registration Link: https://s1.c-conf.com/diamondpass/10031360-wcv829.html
A replay of the conference call will be available one hour after the call ends until Tuesday, August 8, 2023 and may be accessed by phone at the following numbers:
Additionally, this earnings release, the accompanying slides, as well as the live and archived webcast of this conference call will be available at Yum China's Investor Relations website at http://ir.yumchina.com.
For important news and information regarding Yum China, including our filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange, visit Yum China's Investor Relations website at http://ir.yumchina.com. Yum China uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including under "2023 Outlook." We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook," "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investment, dividend and share repurchase plans, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, the expected impact of the COVID-19 pandemic, pace of recovery of Yum China's business, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China's business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, including the COVID-19 pandemic, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company has over 400,000 employees and operates over 13,000 restaurants under six brands across 1,900 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. Taco Bell offers innovative Mexican-inspired food. Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.
In this press release:
- The Company provides certain percentage changes excluding the impact of foreign currency translation ("F/X"). These amounts are derived by translating current year results at prior year average exchange rates. We believe the elimination of the F/X impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.
- System sales growth reflects the results of all restaurants regardless of ownership, including Company-owned, franchise and unconsolidated affiliate restaurants that operate our restaurant concepts, except for non-Company-owned restaurants for which we do not receive a sales-based royalty. Sales of franchise and unconsolidated affiliate restaurants typically generate ongoing franchise fees for the Company at an average rate of approximately 6% of system sales. Franchise and unconsolidated affiliate restaurant sales are not included in Company sales in the Condensed Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues. We believe system sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all of our revenue drivers, Company and franchise same-store sales as well as net unit growth.
- Effective January 1, 2018, the Company revised its definition of same-store sales growth to represent the estimated percentage change in sales of food of all restaurants in the Company system that have been open prior to the first day of our prior fiscal year, excluding the period during which stores are temporarily closed. We refer to these as our "base" stores. Previously, same-store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, including stores temporarily closed, and the base stores changed on a rolling basis from month to month. This revision was made to align with how management measures performance internally and focuses on trends of a more stable base of stores.
- Company sales represent revenues from Company-owned restaurants. Company Restaurant profit ("Restaurant profit") is defined as Company sales less expenses incurred directly by our Company-owned restaurants in generating Company sales, including cost of food and paper, restaurant-level payroll and employee benefits, rent, depreciation and amortization of restaurant-level assets, advertising expenses, and other operating expenses. Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
- Certain comparative items in the Condensed Consolidated Financial Statements have been reclassified to conform to the current period's presentation to facilitate comparison.
Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures
(in millions, except per share data)
(unaudited)
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") in this press release, the Company provides non-GAAP measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Net Income, Adjusted Earnings Per Common Share ("EPS"), Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, certain non-cash expenses, consisting of depreciation and amortization as well as store impairment charges, and Special Items. We also use Restaurant profit and Restaurant margin (as defined above) for the purposes of internally evaluating the performance of our Company-owned restaurants and we believe Restaurant profit and Restaurant margin provide useful information to investors as to the profitability of our Company-owned restaurants.
The following table set forth the reconciliation of the most directly comparable GAAP financial measures to the non-GAAP adjusted financial measures. The reconciliation of GAAP Operating Profit to Restaurant Profit is presented in Segment Results within this release.
Net income, along with the reconciliation to Adjusted EBITDA, is presented below:
Details of Special Items are presented below:
(1) In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company's execution of its strategic operating plan. These PSU awards will only vest if threshold performance goals are achieved over a four-year performance period, with the payout ranging from 0% to 200% of the target number of shares subject to the PSU awards. Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention. Given the unique nature of these grants, the Compensation Committee does not intend to grant similar, special grants to the same employees during the performance period. The impact from these special awards is excluded from metrics that management uses to assess the Company's performance.
(2) The tax expense was determined based upon the nature, as well as the jurisdiction, of each Special Item at the applicable tax rate.
The Company excludes impact from Special Items for the purpose of evaluating performance internally. Special Items are not included in any of our segment results. In addition, the Company provides Adjusted EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, depreciation and amortization, store impairment charges, and Special Items. Store impairment charges included as an adjustment item in Adjusted EBITDA primarily resulted from our semi-annual impairment evaluation of long-lived assets of individual restaurants, and additional impairment evaluation whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If these restaurant-level assets were not impaired, depreciation of the assets would have been recorded and included in EBITDA. Therefore, store impairment charges were a non-cash item similar to depreciation and amortization of our long-lived assets of restaurants. The Company believes that investors and analyst may find it useful in measuring operating performance without regard to such non-cash item.
These adjusted measures are not intended to replace the presentation of our financial results in accordance with GAAP. Rather, the Company believes that the presentation of these adjusted measures provides additional information to investors to facilitate the comparison of past and present results, excluding those items that the Company does not believe are indicative of our ongoing operations due to their nature.
View original content:
SOURCE Yum China Holdings, Inc.
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https://www.wbtv.com/prnewswire/2023/07/31/yum-china-reports-second-quarter-2023-results/
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LOS ANGELES (AP) — Sparked by the young guy and the old man, the Cincinnati Reds took over sole possession of first place in the NL Central.
Elly De La Cruz, the 21-year-old sensation, and Joey Votto, who turns 40 in September, helped the Reds rout the Los Angeles Dodgers 9-0 on Sunday. They won home and road series against the NL West-leading Dodgers this season.
“It’s big-time for us,” winning pitcher Graham Ashcraft said. “It keeps us going and gives us that edge to keep fighting.”
De La Cruz hit a two-run homer and went 4 for 5 in his third game of the season with four hits. He also scored twice as the Reds rapped out 14 hits in handing the Dodgers their worst loss since a 15-0 defeat to San Francisco on June 17.
De La Cruz broke out of the struggles he’s had since the All-Star break, while Votto shook off his offensive funk with a two-run shot. Votto went 2 for 5 with three RBIs.
“He knows how to come out of those slumps. He gives us ideas and tips on how we can get out of there too,” De La Cruz said. “He helps me and if there’s something I can help him out with, I’ll tell him, too.”
Votto respects the equanimity shown by his much younger teammates.
“During the rough spells, these guys have been the exact same people every day,” he said. “It’s a very young team. The energy is consistent. That’s the really charming part about it. Every single day from spring training, the optimism has been there.”
Ashcraft (6-7) scattered five hits over six innings and struck out two.
The Dodgers hit into three double plays on Friday and three more Sunday. They managed just two hits in a 3-2 loss Saturday. They didn’t get a runner past second base over the final five innings in the finale.
Dodgers shortstop Miguel Rojas made his first career pitching appearance in the ninth. He nearly hit Votto before the designated hitter answered with an RBI double that made it 9-0. Rojas then hit Christian Encarnacion-Strand.
Dodgers starter Michael Grove (2-3) got hit hard over the first three innings. Three pitches into the game, the Reds led 1-0 on TJ Friedl’s RBI double. Friedl scored on a throwing error by center fielder James Outman, and Matt McLain hustled home on Spencer Steer’s groundout to third.
“Too many pitches to hit with guys on base. I got to shore that up,” Grove said. “My attack plan wasn’t great early and I just got put on defense to start with and had to adjust. I got punished cause I was leaving pitches over the plate.”
De La Cruz’s solo shot traveled 411 feet into the right-field pavilion with two outs in the second. It was De La Cruz’s seventh homer.
McLain hit his 11th homer into the Dodgers bullpen in left leading off the third. Votto’s 418-foot shot into the Reds bullpen in right field scored Jake Fraley, who singled, and extended the lead to 7-0.
Votto was robbed of a potential second homer on Outman’s leaping catch at the top of the wall in right-center in the fifth.
The Reds led 8-0 on Friedl’s RBI double with two outs in the sixth.
Grove gave up eight runs and 10 hits in six innings. The rookie right-hander struck out a career-best 10 and walked one on a career-high 96 pitches.
TRAINER’S ROOM
Reds: INF Jonathan India went on the IL with left heel pain.
Dodgers: DH J.D. Martinez left after the first inning with left hamstring tightness. … C Will Smith left the game in the top of the fourth with a left elbow contusion after getting hit by a pitch. X-rays were negative. … OF Mookie Betts (right ankle soreness) was out of the lineup for the second straight day. He got hurt in the batter’s box trying to avoid a pitch on Friday, but is expected back Tuesday. … LHP Julio Urías is having his next start pushed back a couple days while he deals with a nail issue. … LHP Clayton Kershaw (shoulder) played catch.
UP NEXT
Reds: LHP Andrew Abbott (6-2, 1.90 ERA) starts Monday night in the opener of a four-game series at the Chicago Cubs.
Dodgers: RHP Lance Lynn (6-9, 6.47 ERA) makes his Dodgers debut Tuesday in an interleague series opener against Oakland.
___
AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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https://www.kron4.com/sports/ap-sports/ap-reds-beat-dodgers-9-0-on-homers-by-de-la-cruz-and-votto-grab-nl-central-lead-over-brewers/
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Celebrate the Blooms with Inaugural National Sunflower Day on August 5
BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues. This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.
The National Day Calendar recognition, slated for the first Saturday each August, is a collaboration between the National Sunflower Association and North Dakota Tourism and recognizes the inherent happiness the sunflowers evokes and the prominence of North Dakota's agricultural industry in growing the cheerful blooms.
For visitors planning a picture-perfect road trip for National Sunflower Day and beyond, North Dakota Tourism has launched the state's 2023 Sunflower Blooms Guide detailing the location of more than a dozen stunning sunflower fields. Weekly bloom updates will highlight the progress of the seasonal color as it unfolds across the state making the map a perfect tool for making the most of the waning days of summer. North Dakota Tourism is also making an ideal road trip snack available to visitors with packets of savory sunflower seeds in mailboxes at select fields.
To capture the iconic blooms in photos and videos, keep the following tips in mind:
- In general, visitors are welcome to stop by fields included on the Sunflower Blooms Guide as long as they are respectful and don't enter or drive into the fields.
- Scout the field location early to capture that golden hour image or video just-after sunrise or just-before sunset. Visitors will want to set up early to take advantage of the golden hues.
- Keep in mind that cloudy days are often some of the best times to capture vibrant close-ups and more subtle variations in shadows.
- Tag your photos and videos on social media using #BeNDLegendary to celebrate your love of the sunny blooms.
- Fuel your photoshoot with a beloved North Dakota snack with Fargo's irresistible SunButter made from roasted sunflower seeds or Wahpeton's Giants Snacks with original and kettle roasted flavors of sunflower seeds.
As the top sunflower producing state last year, North Dakota farmers planted 702,000 acres of the beautiful blooms in 2022, and the state is the top producer of edible sunflower seeds in the U.S. More sunflower recipes, videos and little-known facts are available at Brighten Your Day with the Amazing Sunflower. For more on planning a trip to North Dakota, visit NDtourism.com.
Follow North Dakota Tourism on Facebook at www.facebook.com/TravelND, on Instagram at https://www.instagram.com/northdakotalegendary/ on or on Twitter at http://twitter.com/NorthDakota and get tips on what to see and do all year long.
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SOURCE North Dakota Tourism Division
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What to do in a power outage in Milwaukee if you have medical equipment, food stamps
Hot weather and storms are recipe for disasters, especially when the power goes out.
Losing electricity isn't fun, and it can also be dangerous.
An 84-year-old man died over the weekend after his oxygen unit that required electricity failed during power outages caused by a storm.
If the power goes out and you have medical equipment that requires electricity, here is what you should know.
If the power goes out and I have medical equipment that needs electricity, what should I do?
The Milwaukee Department of Health recommends you go to one of their designated cooling sites around the city. There, you'll be able to utilize the outlets available to charge your equipment and cool off in the air conditioning at places like senior centers and libraries.
For those unable to get there on their own, DHS says you can contact the Aging and Disability Resource Center of Milwaukee County if you need transportation to a cooling site. ADRC can be reached at 414-289-6874.
What to know:Here's how you can stay cool during a heat wave
What should I do if the power goes out in Milwaukee County?
- Report your outage on the Wisconsin Public Service (WPS) app, on the WPS website or by calling 800-450-7240
- Stay at least 25 feet away from downed power lines and assume they are energized
- Report downed power lines to WPS or local law enforcement
- Keep refrigerator and freezer doors closed as much as possible
- Unplug or turn off appliances to avoid overloading when power is restored
- Stay out of flooded basements or rooms
- Go to safe shelter if your home is extremely cold or hot
- Use flashlights, not candles
- Use generators properly
- Leave a light on to know when power is restored
- Check with municipality for shelters or other resources during extended outages
- Use key for electronic entry doors if keypad is not battery operated
- Use food safety tips for frozen and refrigerated items
- Check on neighbors and relatives, especially seniors or anyone with medical conditions
- Be cautious during flooding and use our flood safety tips
You can find more tips for before, during and after outages on the WPS website.
What if I'm on food stamps and the power goes out?
Food stamp recipients can contact Milwaukee Enrollment Services up to 10 days after a power outage to request replacement benefits if their food was damaged due to an extended power outage. As part of the request, recipients must submit proof of a power outage or other cause of the lost food.
More information can be found on the state Department of Health Services' website.
Drew Dawson can be reached at ddawson@jrn.com or 262-289-1324.
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ODESSA, Texas (KMID/KPEJ)- An Odessa man was arrested last week after investigators said he allegedly stalked a woman, and then tried to break into her home. Dayron Alvarez, 22, has been charged with Stalking and Burglary of a Habitation with Intent to Commit Another Felony.
According to an Odessa Police Department report, on July 23, officers were called to a home on Elm Drive after shots were fired in the area. At the scene, officers met with a woman who said her Ring Doorbell camera caught images of a man with a handgun trying to enter her home. While reviewing the footage, investigators said they saw a man, later identified as Alvarez, approach the home wearing a black ski mask and sneakers. Officers said Alvarez opened the home’s storm door and knocked several times while pointing the gun at the door.
The homeowner said she saw the suspect outside her home and heard gunshots as “bullets began to fly into” her house. That’s when she and her 10-year-old son hid in a bathroom and called 911. By the time officers arrived, the suspect was no longer there.
While speaking with investigators, the woman said she’d recently been followed by a man driving an Audi and said the man in the car matched the suspect’s description. Officers later traced the blue Audi to Alvarez and visited him at his home where they reportedly found the ski mask, handgun, and bullets matching the six spent rounds they’d recovered from the scene.
Alvarez was arrested and taken to the Ector County Law Enforcement Center where he remained as of Tuesday afternoon on an Immigration and Customs Enforcement hold.
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The Fitness Superstore to Exclusively Carry the REP Line
DENVER, July 31, 2023 /PRNewswire/ -- Home and commercial gyms in the United Kingdom and Ireland are about to level up.
One of the USA's top gym equipment brands has joined forces with the UK's largest speciality fitness retailer. Starting this summer, Bodypower Sports Ltd. (trading as Fitness Superstore) will carry a large range of REP Fitness equipment. This expansion was in response to a growing demand overseas, after REP took the US by storm. It kicks off the launch of REP products throughout all of Europe, so more people can have access to REP's versatile, quality, innovative equipment.
REP, founded a decade ago in Colorado by two gym-loving brothers, has risen to become America's most popular brand in the home gym market. It offers a full line of gym gear, all designed by in-house, weightlifting engineers for both commercial and home gyms.
REP's award-winning power racks, benches, functional training gyms, and more will soon be available for UK customers to try out and order in Fitness Superstore showrooms across the UK (11 stores). Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Fitness Superstore will also carry REP on its website, to be delivered throughout the UK and Ireland.
"Fitness Superstore is proud to exclusively represent this fantastic and innovative brand in the UK," says Paul Walker, Fitness Superstore managing director and owner.
Ryan McGrotty, co-founder or REP, echoes that. He says Fitness Superstore and REP make a great partnership because both are staffed by real-life fitness enthusiasts and professionals; they both offer a full range of equipment, and they both value creating community and making fitness accessible to all.
"We're excited to be working with such a strong partner in the UK with Fitness Superstore. We know they will offer a great shopping experience for all our fans in the UK who have been eagerly awaiting the availability of our products," says McGrotty. "Their broad store footprint will make it convenient for everyone to easily see and test our products before taking them home.
ABOUT REP
REP Fitness designs and sells world-class, innovative strength equipment that is sold around the world. REP was founded in Colorado in 2012 by two brothers with a shared passion for fitness and has grown into more than 300,000 square feet of office and distribution space and a team of more than 150 dedicated fitness enthusiasts. That shared passion for fitness is what drives REP's innovative spirit, where creating class-leading fitness equipment, with an emphasis on incredible home gyms, is paramount.
REP has been listed twice on the Inc. 5,000 fastest-growing companies — in 2018 and in 2021. REP products are frequently listed as top choices in many fitness publications, such as Men's Health.
For more information, visit repfitness.com. Connect with REP on Instagram, YouTube, Facebook, TikTok, and LinkedIn.
ABOUT FITNESS SUPERSTORE
Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Learn more at fitness-superstore.co.uk. You can also connect with Fitness Superstore on Facebook, Instagram, YouTube, and TikTok.
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SOURCE Rep Fitness
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MINNEAPOLIS (AP) — The Minnesota Vikings have given outside linebacker Danielle Hunter a hefty pay raise, paving the way for the team’s best pass rusher to participate in practice after a months-long contract stalemate.
The Vikings announced Sunday on their website that they reached a new deal with Hunter, the three-time Pro Bowl pick with 71 sacks who will turn 29 in three months.
Hunter reported to training camp last week on schedule after skipping the offseason program and mandatory minicamp, but he has yet to join his teammates on the field. Head coach Kevin O’Connell said Saturday that Hunter has been “in the building” and that they’ve been in “daily dialogue” about his physical and mental preparation.
“Danielle Hunter is a very special player, and as soon as we can get him out here, you guys will see him out here,” O’Connell said.
Hunter’s previous contract called for a $4.9 million base salary. According to NFL Network, he’ll make $17 million guaranteed this year with an opportunity to earn an additional $3 million in incentives. Hunter will still hit the free agent market after the season, unless he and the team strike a deal on an extension in the meantime.
Hunter’s presence will be vital for a Vikings defense that has been one of the NFL’s worst over the past three years. They allowed the second-most yards and the fourth-most points in the league in 2022, despite decent production by their primary edge rushers. Hunter had 10 1/2 sacks, Za’Darius Smith had 10 sacks and backups D.J. Wonnum and Patrick Jones had four sacks apiece.
Smith was since traded to Cleveland in a cost-cutting move, leaving Hunter as the only proven pass rusher on the roster. Marcus Davenport was signed as a free agent to push for a starting spot, but this remains one of the biggest questions surrounding the team this season.
“I think Danielle’s a phenomenal player,” said defensive coordinator Brian Flores, who was hired to replace the fired Ed Donatell. “I look forward to working with him.”
Under Donatell, Hunter often found himself as a standup rusher in a three-point stance. The Vikings with Flores are aiming to get back to turning Hunter loose with his hand in the ground more often.
“Veteran players, they’ve seen a lot of defense, coverages, fronts, stunts. I think terminology will probably be the one thing that’s a little bit different, maybe, but some of it, there’s some crossover from some things he’s heard in the past so I don’t think it’ll take long for him to get up to speed,” Flores said. “At the end of the day, we’re telling him to go get the quarterback. There’s really not much to that. So I think he’ll be just fine.”
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AP NFL: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL
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Animal Shelters, Rescue Groups, and Happy Adopters, Nationally and Internationally, Encouraged to Celebrate the Role Adopted Dogs Play in Our Lives
PORT WASHINGTON, N.Y., July 31, 2023 /PRNewswire/ -- Tuesday, August 1st is DOGust 1ST ®– the official birthday for all rescue dogs – and North Shore Animal League America is encouraging animal lovers around the country and globe to join them in celebrating the incredible meaning our adopted animals add to our lives.
Since the actual dates of birth for most rescued dogs are unknown, Animal League America created DOGust 1st to celebrate rescue dogs (those adopted and those awaiting loving homes.) Since 2008, these "Mutt-i-grees" have had this day designated to honor the incredible impact they make on our lives.
"This is a wonderful opportunity to celebrate rescue dogs and the invaluable role they play in our lives, while raising awareness about the importance of rescue and adoption," said Joanne Yohannan, Senior Vice President, Operations, North Shore Animal League America.
In honor of DOGust 1st, North Shore Animal League America, and many of their shelter partners across the country, will be participating in DOGust 1st festivities throughout the week (August 1 – 7.) By encouraging adoption specials, birthday themed activities, and local media opportunities, even more rescue dogs are expected to find loving, responsible homes.
To find an adoptable pet at a shelter or rescue group in your area go to www.animalleague.org.
To find a participating DOGust 1st group near you visit www.animalleague.org/dogust1st.
For video highlights of DOGust 1st, visit: DOGUST 1ST ASSETS
Photo & Video Credit: North Shore Animal League America
MEDIA CONTACT:
KATHLEEN LYNN
Senior Director of Communications
Cell: (516) 528-7878
Email: KathleenL@animalleague.org
#DOGust1st #GetYourRescueOn
About NORTH SHORE ANIMAL LEAGUE AMERICA
Animal League America has saved more than 1.1 million lives. As the world's largest no-kill rescue and adoption organization, we understand that a rescue isn't complete until each animal is placed into a loving home. Our innovative programs provide education to reduce animal cruelty and advance standards in animal welfare. We reach across the country to rescue animals from overcrowded shelters, unwanted litters, commercial breeding facilities, natural disasters and other emergencies and find them permanent, loving homes. www.animalleague.org
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SOURCE North Shore Animal League America
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How to watch the first Republican presidential debate August 23 in Milwaukee
Candidates are gearing up for the first Republican primary presidential debate Aug. 23 at Fiserv Forum in Milwaukee. Trying to tune in? Here's what you need to know:
What time is the debate?
The debate will take place from 8 p.m. to 10 p.m. Aug. 23 at Fiserv Forum.
Fiserv Forum will also be the location for the Republican nominating process during the national convention on July 15-18, 2024.
Where can I watch the debate?
Viewers can watch the debate broadcast on the Fox News Channel and simulcast on Fox Business Network. It will also be streamed on FOXNews.com.
Which Republicans will be at the debate in Milwaukee? Is Donald Trump coming?
To participate in the debate, candidates need to tally at least 40,000 individual donors to qualify. They also have to meet a polling threshold, receiving at least 1% of support in three national polls or 1% of support in two national polls and two early-voting state polls.
Seven candidates have qualified so far for the first Republican presidential debate. Despite qualification, it's unclear if all of these candidates will attend the debate. Former President Donald Trump has suggested he might skip the debate or hold a competing event on the same day.
- Donald Trump
- Ron DeSantis
- Vivek Ramaswamy
- Nikki Haley
- Tim Scott
- Chris Christie
- Doug Burgum
Some candidates who are still working on qualifying include:
- Mike Pence
- Asa Hutchinson
- Francis Suarez
- Will Hurd
- Larry Elder
Who is moderating the debate?
Fox anchors Bret Baier and Martha MacCallum will co-moderate the debate.
Lawrence Andrea contributed to this report.
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WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
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FAA investigating near miss between Allegiant airplane and private jet
Both aircraft's pilots received collision-threat warnings, prompting evasive action
Federal officials said Monday they are investigating a recent close call between an Allegiant Air plane and a private jet in which pilots of both aircraft received collision-threat warnings and took evasive action.
The Federal Aviation Administration said the incident happened July 23 near Fort Lauderdale-Hollywood International Airport in Florida. It’s the latest in a series of close calls that led the FAA to convene a special safety summit earlier this year.
The FAA said an air traffic controller in Miami told the crew of Allegiant flight 485 that had taken off from Fort Lauderdale to turn east at 23,000 feet, and it crossed in front of a Gulfstream business jet that was heading north.
Pilots of the Allegiant Airbus A320 took evasive action after getting an automated alert about another aircraft at the same altitude. The pilot of the Gulfstream jet got a similar warning and also took evasive action.
The Allegiant plane returned to the Fort Lauderdale airport, and a flight attendant was treated for injuries, the FAA said.
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The National Transportation Safety Board said Monday that it was gathering information about the incident before deciding whether to open an investigation.
The FAA and NTSB are investigating about a half-dozen incidents this year in which planes came closer together than they should. In many cases, one or both planes were still on the ground.
The closest occurred in February, when a FedEx cargo plane coming in to land passed over the top of a Southwest Airlines that had been cleared to take off from the same runway. The head of the NTSB said the planes came within about 100 feet of each other.
The number of close calls in rapid succession led the then-acting administrator of the FAA to convene a "safety summit" in March. The official, who has since left the FAA, defended the nation’s safety record, but he called for more data about the incidents and cautioned everyone in aviation to pay more attention to safety procedures.
The last fatal crash involving a U.S. airline was in 2009.
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Climate change has been an important issue for President Joe Biden since the beginning of his administration. And while a majority of Americans agree that we need to work to reduce global warming, the partisan divide surrounding climate change is growing.
"I don't think anybody can deny the impact of climate change anymore," Biden said during a press conference on extreme heat.
Amid a sizzling hot summer, Biden announced new actions to combat extreme heat and drought. It comes as Americans across the country are feeling first-hand evidence of the changing climate.
"All of these kinds of events are really starting to literally hit home. And many Americans are starting to go, 'Oh my God, this isn't distant in time and space. This is happening right now. And we need to act,'" said Anthony Leiserowitz, the director of the Yale Program on Climate Change Communication.
SEE MORE: Extreme heat expected to be costly, especially in Texas
According to polling from the Pew Research Center,a majority of Americans, 54%, think climate change is a major threat, but there's also a stark partisan divide. Over last 15 years, the percent of Democrats who say climate change is a major threat has gone up, while that answer went down among Republicans.
That partisan impact means politicians aren't the best messengers for climate change. But experts say new voices are stepping up to raise alarm about the warming planet in an impactful way.
"We're now seeing doctors and nurses talking about how climate change is showing up in their emergency room and in the waiting room. We're hearing from faith leaders saying our religion, Christianity, Judaism, Buddhism, Islam, all of these major leaders have said climate change is a fundamental moral issue that we must address as religious people," said Leiserowitz.
Local meteorologists can be some of the most effective messengers for climate change, and the White House appears to recognize that. The vice president's office has reached out to local weather forecasters to start a discussion on best practices for talking about climate change and its impact.
Trending stories at Scrippsnews.com
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Glass to step down as Kentucky education commissioner
FRANKFORT, Ky. (WKYT) - Kentucky Commissioner of Education Jason E. Glass has announced that he will step down from his position.
Glass says he will step down on September 29 in order to become associate vice president of teaching and learning at Western Michigan University.
Glass was appointed commissioner in 2020 by the Kentucky Board of Education. His four-year contract was set to expire in September 2024.
“These past three years have been a remarkable journey and I am deeply grateful for the opportunity to return to my home state and serve as commissioner,” Glass said. “I wish to thank the members of the Kentucky Board of Education for their wisdom and leadership, the staff at the Kentucky Department of Education (KDE) for their exemplary service and those working in education roles across the state for their continuing efforts to serve and support all of Kentucky’s children. I have a heart full of gratitude.”
As the leader of KDE, the commissioner oversees the Commonwealth’s K-12 school system and its 635,000 students, as well as acts as superintendent of the Kentucky School for the Blind, the Kentucky School for the Deaf and 53 area technology centers.
KBE Chair Lu S. Young said the KBE will hold a special meeting in mid-August to determine the next steps and a timeline for moving forward with an interim commissioner once Glass leaves. She noted that no action on a commissioner search will be taken at the KBE meeting Aug. 2-3 at the Dale Hollow Lake State Resort Park in Burkesville.
Copyright 2023 WKYT. All rights reserved.
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MENLO PARK, Calif., July 31, 2023 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) announced today that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on Sept. 15, 2023, to all shareholders of record as of Aug. 25, 2023.
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides companies with the talent and subject matter expertise they need to confidently compete and grow. Robert Half is the parent company of Protiviti®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named to the Fortune® Most Admired Companies™ and Most Innovative Companies lists and is a Forbes Best Employer for Diversity. Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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SOURCE Robert Half
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Huddle House in Hazard hosts ribbon cutting
HAZARD, Ky. (WYMT) - The Huddle House on Village Lane in Hazard has been open for more than a month and today they had a ribbon cutting to commemorate the opening of a new location.
Franchise Area Director Ryan Foy with Huddle House said that they were eager to re-open a location in Hazard after the previous one closed due to a fire nearly three years ago.
“There was a fire and we lost the Hazard location, so it has been a long road here, and we’ve now got it back open,” said Foy.
Foy said they typically do the ribbon cutting after a month or so of being open to let people have a chance to come out.
“We have another opportunity to bring everybody out again and re-introduce them to where we are. So that is kind of what we are doing today, it is just the best fit to do it now,” said Foy.
Foy also added that this location broke records across all of the locations in the company.
“This location had the biggest opening day in company history, they had the biggest opening week in company history, and then they broke the biggest sales record for any day in company history,” said Foy. “This location has been the highest volume store in the system since they opened.”
Foy also said that the community has embraced them and that Huddle House is grateful to be back.
Huddle House is located at 173 Village Lane in Hazard and is open 6:00 a.m. to 10:00 p.m. Sunday through Thursday and 6:00 a.m. to 12:00 a.m. Friday and Saturday.
Copyright 2023 WYMT. All rights reserved.
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18-year-old from ‘Brainy Bunch’ family graduates with master’s degree
MONTGOMERY, Ala. (WSFA/Gray News) – At age 18, most people are just heading into their freshman year of undergraduate studies. But one 18-year-old from Alabama is graduating with her master’s degree.
Marianna Harding is graduating from Auburn University with a master’s degree in agriculture at the age of 18.
She also graduated from high school at age 11.
Harding comes from a Montgomery family known as “The Brainy Bunch” – she is one of 10 children, most of whom started college by the age of 12. One of the boys even graduated law school at 19.
All the children grew up homeschooled. Harding is the eighth child in the family.
She said there was always healthy competition between siblings.
“We all had different interest levels, and most of us different colleges,” she said.
In 2022, Harding earned her bachelor’s degree virtually from a university in Nebraska. Shortly after, she was off to Auburn’s campus to get her master’s degree.
“Although my focus was very much on studies, there was no lack of fun times,” she said.
While on campus, Harding was part of multiple clubs, a campus employee, and kept active in her church. She hopes that her story will encourage others to go after their goals no matter their age.
Now that she has graduated, Harding will begin working for the Lee County Extension where she’ll teach others about agriculture.
Parents Kip and Mona Lisa Harding made an appearance on NBC’s “Today Show” in 2014 to discuss their book, “The Brainy Bunch: The Harding Family’s Method to College Ready by Age Twelve.” They also have a YouTube channel.
“My kids are not any smarter than anybody else’s, they’re really motivated and they’re very hard working, but really feel like anyone can get these kinds of results,” Mona Lisa Harding said during a 2021 interview.
Copyright 2023 WSFA via Gray Media Group, Inc. All rights reserved.
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Lori Vallow Daybell was sentenced to life in prison without the possibility of parole Monday for the murders of her two youngest children and conspiring to kill her husband's first wife, bringing a close to the so-called "Doomsday Cult Mom" case.
This is the maximum sentence possible for Vallow Daybell, who had pleaded not guilty to the charges against her in her five-week trial. It ended in May, when a jury unanimously found the Idaho mom guilty of two counts of first-degree murder and conspiracy to commit first-degree murder.
The case centered on bizarre claims Vallow Daybell made about her two kids, 16-year-old Tylee Ryan and 7-year-old Joshua "JJ" Vallow. She and her husband, who justified the murders using religious beliefs, claimed the two kids were "dark" and they were "light" and that she was God's vessel to rid the world of their kind.
Before the sentence was handed down, Vallow Daybell again used religion in her defense. She quoted Bible verses about how people shouldn't judge others while suggesting her dead kids and Tammy Daybell weren't murdered at all.
"Jesus Christ knows that no one was murdered in this case," she said. "Accidental deaths happen. Suicides happen. Fatal side effects from medication happen."
Others who spoke Monday focused on the grief and trauma they feel at the hands of Vallow Daybell, including her estranged oldest son Colby Ryan and Tammy Daybell's sister.
SEE MORE: Lori Vallow Daybell sentencing: Here's what to expect
"Tylee will never have the opportunity to become a mother, wife or have the career she was destined to have. JJ will never be able to grow and spread his light with the world the way he did," the statement said. "I've lost the opportunity to share life with the people I love the most. I have lost my sister, father, brother and my mother. "I pray for healing for everyone involved, including those who took the lives of everyone we loved."
"Why? Why plan something so heinous?" Samantha Gwilliam said. "You are not exalted beings, and your behavior makes you ineligible to be one. Because of the choices you made, my family lost a beloved mother, sister and daughter.”
The two kids were last seen in September 2019, and Tammy Daybell died in October, just weeks before Vallow Daybell married her fifth husband Chad Daybell.
Tammy Daybell's autopsy showed she had been asphyxiated, and her body was bruised. When The children's bodies were found buried in Chad Daybell's yard in the summer of 2020, JJ had also been asphyxiated, and Tylee had been stabbed.
Vallow Daybell now faces two other cases in Arizona, both with a charge of conspiracy to commit murder.
One case centers on conspiring with her brother, Alex Cox, who shot and killed Vallow Daybell's fourth husband, Charles Vallow, in 2019. Cox said he acted in self-defense, and he died of natural causes before being charged.
The other case Vallow Daybell faces involves her niece's ex-husband, who survived a murder attempt the same year.
Vallow Daybell's husband, Chad Daybell, is awaiting trial on the same charges. His trial is expected to begin April 1, 2024.
Trending stories at Scrippsnews.com
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Jury to deliberate death penalty for Pittsburgh synagogue shooter Robert Bowers
Bowers, 50, killed 11 people at Tree of Life synagogue in 2018
- A jury is set to deliberate a potential death sentence for Robert Bowers, a 50-year-old truck driver convicted of killing 11 people at the Tree of Life synagogue in Pittsburgh.
- Bowers, whose online ramblings led prosecutors to an easy conviction on 63 criminal counts, was defended by attorneys who attempted to invoke his questionable mental state in a bid to spare his life.
- The shooting is the deadliest recorded anti-Semitic hate crime in U.S. history.
A jury is set to deliberate whether to impose the death penalty or a sentence of life in prison without parole on a man who spewed antisemitic hate before fatally shooting 11 worshippers at a synagogue in the heart of Pittsburgh's Jewish community.
The same jurors who convicted 50-year-old Robert Bowers in June on 63 criminal counts listened to closing arguments Monday in the penalty phase of his federal trial, held nearly five years after the truck driver from suburban Baldwin perpetrated the deadliest attack on Jews in U.S. history.
Bowers defiled a place of worship when he entered the Tree of Life synagogue on Oct. 27, 2018, and opened fire with an AR-15 rifle, shooting everyone he could find in a mass murder clearly motivated by religious hatred, said U.S. Attorney Eric Olshan.
PITTSBURGH SYNAGOGUE SHOOTER ROBERT BOWERS IS ELIGIBLE FOR DEATH PENALTY, FEDERAL JURY DECIDES
Bowers raved incessantly on social media about his hatred of Jewish people — using a slur for Jewish people some 400 times on a social media platform favored by the far right — and remains proud that he killed Jews, the prosecutor reminded jurors,
"Do not be numb to it. Remember what it means. This defendant targeted people solely because of the faith that they chose," Olshan said.
He added: "This is a case that calls for the most severe punishment under the law: the death penalty."
The defense was expected to deliver its closing argument later Monday.
Bowers' attorneys have argued that he has schizophrenia, a serious brain disorder whose symptoms include delusions and hallucinations, and that Bowers attacked the synagogue out of a delusional belief that Jews were helping to bring about a genocide of white people by coming to the aid of refugees and immigrants. The defense has also presented evidence of Bowers' difficult childhood.
Olshan disputed the defense experts' diagnosis of schizophrenia, asserting Bowers was not suffering psychosis but had chosen to believe white supremacist rhetoric. And while acknowledging there's no question that Bowers was a depressed, neglected child, Olshan downplayed the significance of it, noting that Bowers had held jobs, paid bills, and was an otherwise functioning adult.
"He was not a child, he was a grown man. He was responsible for his actions, not his family and things that happened decades earlier. He was, he is responsible for his actions," Olshan said.
In order to impose death, jurors must find that aggravating circumstances, which make the crime especially heinous, outweigh mitigating factors that could be seen as diminishing his culpability. Those aggravating circumstances could include the vulnerability of Bowers' elderly and disabled victims and his targeting of Jewish people.
Olshan played a composite of 911 calls made from inside the synagogue, including audio of people being shot and a survivor’s horrified screams.
He said Bowers had taken "11 people, 11 full lives, 11 people who loved their families, 11 people who loved their friends, 11 people who were loved. ... How do you measure the impact of all of that loss?"
The prosecutor spoke about 75-year-old Joyce Fienberg's care for her family and 65-year-old Richard Gottfried's devotion to his faith. He said Dr. Jerry Rabinowitz, 66, had the ethos of a country doctor: "He loved delivering babies but he never delivered judgment." David Rosenthal, 54, and Cecil Rosenthal, 59, intellectually disabled brothers, "loved life," Olshan said. "But maybe more than anything, they loved Tree of Life."
The other deceased victims were Rose Mallinger, 97; Bernice Simon, 84, and her husband, Sylvan Simon, 86; Dan Stein, 71; Melvin Wax, 87; and Irving Younger, 69.
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The attack also wounded seven people, including five responding police officers. Bowers was shot three times before surrendering when he ran out of ammunition.
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EL PASO, Texas (Border Report) – The City of El Paso and a human-rights nonprofit have announced events to honor the victims of the racially motivated Aug. 3, 2019, mass shooting and their families.
Mayor Oscar Leeser, Mexican Consul General Mauricio Ibarra Ponce de Leon and other dignitaries will participate in a bell-tolling ceremony at 10 a.m. Thursday at the Crime Victims Memorial Park, 610 San Paulo Drive. The bell will ring for each of the 23 fatal victims of a gunman who drove 10 hours from North Texas to “kill Mexicans” almost four years ago.
Twenty-two other people were wounded in the attack. Most of the victims were American citizens. A federal judge earlier this month sentenced the gunman to 90 consecutive terms of life in prison for hate crimes in connection to the massacre.
Members of the El Paso City Council and the El Paso County Commissioners’ Court are scheduled to join a coalition of civil rights organizations in a procession with crosses from Ponder Park, 7500 Burges Drive, to the Walmart near Cielo Vista Mall, the site of the massacre.
The El Paso Firme events begin at 9:15 a.m. on Thursday.
“As we approach the fourth anniversary of this horrific, white supremacist attack, we hope to offer a space of community healing and resistance,” said Fernando Garcia, executive director of Border Network for Human Rights, the event organizer. “We cannot forget that this massacre occurred as a result of weak gun-control laws and the spread of hateful, white supremacist and xenophobic rhetoric toward immigrants of color and minorities.”
County officials will lead the Day of Resilience Ceremony, from 6 to 8 p.m. at the El Paso Healing Garden at Ascarate Park, 6900 Delta Drive. It begins with a meditation, yoga and sound bath session, a performance by ProMusica at 7 p.m., and the 8 p.m. name-reading and light beam ceremony.
County Commissioners Court on Monday approved a resolution declaring next Thursday as “El Paso Day of Remembrance.” County Judge Ricardo Samaniego said it’s important to remember and honor the victims every year and that the Healing Garden stands as a “beacon of hope” for the community.
“More than just a memorial, the Healing Garden is a testament to an undying spirit of unity and resiliency that arises in the face of tragedy,” Samaniego said as he read from the resolution.
Other events, some of them ongoing, include:
- Unite with Light, in which some city landmarks, bridges and buildings will be illuminated at night with orange light in remembrance of the victims. The lights are on through August 5.
- Art displays in honor of crime victims at Judge Marquez Library, 610 N. Yarbrough Drive (August 3), El Paso Museum of Art, 1 Arts Festival Plaza (Aug. 3-Aug. 31), and the Armijo Branch Library, 620 E. 7th Ave. (Aug. 3).
- Live Active El Paso and United Way of El Paso County are having meditation and sound bath sessions nightly at various locales through August 2.
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ATLANTA, Ga. — AMC Theaters (AMC) hit a revenue record last week, driven by the overwhelming success of the “Barbenheimer” pop culture craze.
In a news release on Sunday, the world’s largest theater chain announced that from July 21-27, it earned its largest single-week admissions revenue since the company’s founding in 1920. AMC attributed this 103-year high to the incredible opening weekend of both “Barbie” and “Oppenheimer,” as well as the strong momentum that continued to carry them along.
“Barbenheimer” had tremendous staying power in its second weekend in theaters, with “Barbie” grossing $93 million and “Oppenheimer” almost $47 million, according to official studio numbers.
Last weekend was AMC’s busiest since the pandemic forced theaters to close in 2020, the company said, and this weekend marked the chain’s third-busiest worldwide since reopening. It reported that 65 AMC locations across 19 states and Washington, DC, set their own box office records this week as well. AMC shares were up about 7% in late-afternoon trading, to about $4.99.
In its opening weekend, Greta Gerwig’s “Barbie” had raked in a stunning $162 million domestically in its first weekend, giving the film the biggest opening weekend of 2023 and the largest-ever debut for a female director. Meanwhile, “Oppenheimer” opened at $82.5 million, according to media analytics company Comscore.
Combined, the movies have made more than a billion dollars globally in just 10 days.
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Kentucky lawmakers discuss how to implement AI for government use
FRANKFORT, Ky. (WKYT) - It seems like everyone is talking about artificial intelligence recently, with programs like ChatGPT and Midjourney becoming more popular every day.
Monday, leaders in Frankfort heard from experts on the ways local governments can implement A.I.
The committee heard from members of Gartner, a government consulting firm with a focus on utilizing technology.
The meeting focused on teaching members about A.I. and its ability to expedite daily government tasks, such as handling calls with voters.
“To take a tool like generative A.I., to take some of the pressure off to do it right, to do it well, and to take the pressure off of the teams, that’s a huge use case,” said Alicia Schollaert, client executive for the Americas Public Sector at Gartner.
However, some questions about generative A.I. for government use remain, like who is responsible when it’s wrong?
“You’re a government. You’re an authority. And particularly if you’re using ChatGPT, it will give one answer. If it’s wrong, how’s that blowblack?” said Ben Kaner, senior director analyst with Gartner.
Whether or not the committee decides the further explore using generative A.I. in daily tasks, there was an emphasis on the need to gradually phase it in for the use of constituents and policymakers alike.
“My trepidation and fear is that as it does evolve, that it will become self-learning. That it would develop a personality. And please don’t laugh on the committee, but I watched Mission Impossible last week, and AI took over the nuclear codes,” said Rep. Ryan Dotson, R-Winchester.
Copyright 2023 WKYT. All rights reserved.
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Phoenix welcomes respite from record-breaking 31-day heatwave as monsoon rains arrive
Heat still forecasted to reach around 110 degrees Fahrenheit later this week
- Phoenix's 31-day stretch of temperatures surpassing 110 degrees Fahrenheit seemed to be reaching a much-needed conclusion on Monday, as monsoon rains from Mexico brought relief to the region.
- The forecast indicated that temperatures would soar above 110 degrees again later in the week.
- Health officials have confirmed 25 heat-related deaths in Maricopa County, home to Phoenix, in July, and 249 more deaths under investigation for potential heat links.
A hellish and historic 31-day run of temperatures cracking 110 degrees in Phoenix appeared headed for a welcome end on Monday, as monsoon rains moved through the region from Mexico.
The relief wasn't all that great — the day's highs were forecast near 108 degrees, or about 42 Celsius — and the heat was expected to rise past 110 again later in the week. But residents and visitors were taking what they could get.
"It’s not going to last more than a couple of days, but I’m enjoying this break," said Christine Bertaux, 76, who was cooling off Monday at a downtown day center for older people who are homeless.
"It has been REALLY hot here!" said Jeffrey Sharpe, of Kenosha, Wisconsin, who was in town for a long weekend that on Monday included watching his son's poodles frolic in a grassy dog park. "But today it was about 85 degrees, more like Wisconsin."
High heat blasted much of the Southwest all through July, ranging from West Texas to eastern California. But Phoenix and its suburbs sweltered to new records, including three days where the high reached 119, and overnight lows stayed above 90 more than half the month. Concerts and other outdoor events were cancelled throughout the month because of the heat and busy parts of the city became ghost towns as people stayed indoors to avoid the heat.
Health officials have so far confirmed 25 heat-related deaths in Maricopa County, Arizona’s most populous and home to Phoenix, in July, although that number seems certain to rise. Another 249 deaths are under investigation for links to heat.
Rudy Soliz, who manages the center where Bertaux was cooling off, said those who visit to get a meal and cool off out of the sun "have been having a very hard time this summer."
"Older people have a harder time with the heat, there are a lot of diabetics, people who take medicines," he said.
"The heat has been pretty bad this summer. We’ve made at least five 911 calls from here this July for people who got heat stroke," said Soliz. "They’ve found a couple of bodies around here this month but it’s not clear yet if they died from the heat."
Although there is no excessive warning for city, the National Weather Service said Phoenix residents should take precautions to stay cool and safe from the heat.
"Even though it’s going to be cooler than it has been, it’s still going to be warmer than normal. And the heat definitely can still affect a large portion of the population," said Matthew Hirsch, a meteorologist with the National Weather Service in Phoenix. "So we’re still urging people to take the necessary precautions, such as remaining hydrated and limiting outdoor activity."
Phoenix’s previous record for days of 110 degrees or more was 18 straight, set in 1974, nearly two weeks shorter than the new record.
Hirsch said July 2023 was the city’s hottest month on record. The previous hottest month on record was August 2020.
And August could be even hotter than July, Hirsch said. He said there is a slightly higher chance of temperatures that are above normal in August and there's an equal chance for the region to get more or less rain than average.
R. Glenn Williamson, a businessman who was born in Canada but has lived in Phoenix for years, said he really noticed a temperature difference Monday morning as he washed his car in his driveway.
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"Now we have to get rid of the humidity!" Williamson said. "But honestly, I’d rather have this heat than a Montreal winter."
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TALLAHASSEE, Fla. — A leading anti-abortion organization criticized Republican Ron DeSantis on Monday for not supporting a national ban on the procedure, calling the Florida governor's position “unacceptable” as he seeks the GOP nomination for president.
The president of Susan B. Anthony Pro-Life America, an influential player in conservative politics, took issue with DeSantis' statements in a recent interview in which he declined to back a national abortion ban. SBA President Marjorie Dannenfelser said the anti-abortion movement and Americans across the U.S. deserve a president who will “boldly advocate” for a ban on abortion at 15 weeks of pregnancy.
“A pro-life president has a duty to protect the lives of all Americans. He should be the National Defender of Life," she said. “Gov. DeSantis’s dismissal of this task is unacceptable to prolife voters. A consensus is already formed. Intensity for it is palpable and measurable. There are many pressing legislative issues for which Congress does not have the votes at the moment, but that is not a reason for a strong leader to back away from the fight. This is where presidential leadership matters most."
DeSantis' campaign called the statement unjustified.
“Governor DeSantis delivers results and acts, especially when it comes to protecting life. He did so in Florida by signing the heartbeat bill and will be a pro-life president," Press Secretary Bryan Griffin said. "He does not kowtow to DC interest groups. This unjustified attack on him is another example of the DC political games that have seen conservatives falter in Washington while Governor DeSantis has produced unmatched conservative victories in Florida."
Susan B. Anthony Pro-Life America was responding to a recent interview in which Megyn Kelly asked DeSantis if he would support a national abortion ban. The U.S. Supreme Court last year overturned Roe v. Wade, the roughly 50-year-old ruling that established a federal right to abortion. Susan B. Anthony has said it would not support any White House candidate in 2024 who did not at a minimum support a 15-week federal ban.
In the interview, DeSantis noted he signed legislation in Florida to ban abortion at six weeks of pregnancy but suggested that individual states should decide the issue. He said he is “pro-life” but added that he is “running on doing things that I know I can accomplish.”
The criticism from a powerful organization comes at a tenuous time for DeSantis, who is seen as the top rival to former President Donald Trump for the GOP presidential nomination, but who has been running a distant second to Trump in public polling. DeSantis' campaign has been working in recent weeks to improve his trajectory and reboot his campaign, including cutting staff.
He is not alone in drawing criticism from Susan B. Anthony Pro-Life America, however. The group also was critical of Trump for not supporting the 15-week federal ban.
Trump has defended that position, noting he appointed the Supreme Court justices who made it possible for Roe v. Wade to be overturned.
Some other Republicans seeking the nomination support the national ban. Former Vice President Mike Pence said he would go further, endorsing a ban at six weeks of pregnancy, or before some women know they are pregnant.
He told The Associated Press that abortion should be banned when a pregnancy isn’t viable — a standard that would force women to carry pregnancies to term even when doctors have determined there is no chance a baby will survive outside the womb.
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Tommy McClelland appointed as athletic director at Rice University
McClelland is set to assume his new role with the Owls on August 14
Tommy McClelland was named the athletic director at Rice on Sunday.
McClelland comes to Rice after working as deputy athletic director at Vanderbilt. Before moving to Vanderbilt, he served as the athletic director at Louisiana Tech from 2013-20.
McClelland will begin his new job with the Owls on Aug. 14.
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"We’re thrilled to be able to attract someone with Tommy’s breadth of experience and success," Rice President Reginald DesRoches said. "He brings the values of academic excellence and deep integrity that define Rice, coupled with a passionate desire to compete successfully at the highest level of intercollegiate athletics. These attributes will be critical for Rice’s first season in the American Athletic Conference and the years to follow."
McClelland replaces Joe Karlgaard, who left Rice this month for a position in the private sector.
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Judge dismisses GOP lawsuit challenging Milwaukee role in get-out-the vote effort in 2022
MADISON — A Milwaukee County judge on Monday dismissed a Republican Party of Wisconsin lawsuit challenging the city's perceived association with a nonprofit voter outreach program during the 2022 midterm election.
Judge Hannah Dugan found that the party and Milwaukee voter Elizabeth Burke failed to state a claim upon which the court could grant relief.
The lawsuit was one of two filed by the Republican Party of Wisconsin and other plaintiffs last fall after Milwaukee Mayor Cavalier Johnson made comments about an initiative dubbed "Milwaukee Votes 2022" and referenced door-to-door canvassing funded by the "private sector." Johnson's spokesman at the time said the campaign conducting the canvassing was privately funded, and the city's association was "limited to the mayor voicing support for the work."
The city argued it did not run or fund the program and had no authority to stop it.
More:Judge dismisses lawsuit against elections commission over military absentee ballots
In the lawsuit, Burke and RPW argued that although Milwaukee Votes 2022 was a purportedly nonpartisan get-out-the-vote effort, the city would partner with an organization, GPS Impact, that openly works to elect Democratic candidates and advance progressive causes.
Milwaukee County Judge Gwen Connolly in October denied a request from Burke and the state GOP to stop the "Milwaukee Votes" effort, finding that their arguments were "deficient" and that issuing such an order would chill constitutionally protected free speech. The case was transferred from Connolly to Dugan in April.
The other related lawsuit was dismissed in October.
In her ruling dismissing the case, Dugan wrote that the plaintiffs presented "no facts plausibly showing that any political campaign was unduly influenced by the voting initiative," noting that "courts in other jurisdictions have addressed and rejected similar arguments."
"Ultimately, Plaintiffs complain that people with different political views will lawfully exercise their fundamental right to vote," Dugan wrote. "That is not a harm. That is democracy."
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DENVER, July 31, 2023 /PRNewswire/ -- Palantir Technologies Inc. (NYSE: PLTR) today announced that it was selected by the Defense Information Systems Agency (DISA) to support coordination between federal and commercial licensees of the 3450 - 3550 MHz spectrum band. Palantir will provide its software platform to enable end-to-end automation that will enhance coordination between the Department of Defense and commercial spectrum licensees for shared use of the 3450-3550 MHz band within cooperative planning area (CPA) and periodic use area (PUA) coordination zone boundaries.
As part of an ongoing interagency effort to facilitate the shared usage of critically important mid-band spectrum, Palantir's software will enable DISA's Defense Spectrum Organization (DSO) to support formal and informal coordination processes between the Department of Defense and commercial licensees. Existing and future government activities in the spectrum band are vital to protect national security and ensure military readiness.
Palantir software will be used to integrate multiple existing functions and capabilities into a single infrastructure that will result in more efficient workflows, reducing the timelines for licensee coordination with DoD to establish sharing agreements and enable deployment of 5G wireless services within CPA/PUA boundaries. Palantir software will also be used to demonstrate the ability to support more advanced spectrum sharing use cases.
"We are proud to partner with DISA DSO to support the complex task of sharing limited spectrum resources between federal and commercial users," said Akash Jain, President, Palantir USG. "We are excited to rapidly deploy software that will accelerate and automate coordination workflows and enable the increasingly dynamic and efficient use of spectrum."
"As military and commercial use of radio-frequency spectrum continues to grow, spectrum coordination will be increasingly necessary to preserve the effectiveness of critical national security capabilities while enabling U.S. commercial leadership in 5G and other critical technology areas. Palantir looks forward to working alongside the Department of Defense to deploy innovative software solutions that support advanced spectrum sharing workflows and processes," said Miriam Marwick, SVP, Emerging Technologies, Palantir USG.
About Palantir Technologies Inc.
Foundational software of tomorrow. Delivered today. Additional information is available at https://www.palantir.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may relate to, but are not limited to, Palantir's expectations regarding the amount and the terms of the contract and the expected benefits of our software platforms. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These risks and uncertainties include our ability to meet the unique needs of our customer; the failure of our platforms to satisfy our customer or perform as desired; the frequency or severity of any software and implementation errors; our platforms' reliability; and our customer's ability to modify or terminate the contract. Additional information regarding these and other risks and uncertainties is included in the filings we make with the Securities and Exchange Commission from time to time. Except as required by law, we do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.
Media Contact
Lisa Gordon
media@palantir.com
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ST. PETERSBURG, Fla. — The Tampa Bay Rays have made a deal before the 2023 trade deadline in an attempt to bolster the pitching rotation ahead of an expected playoff run.
According to multiple reports, (first reported by the Tampa Bay Times' Marc Topkin), the Rays traded first baseman prospect Kyle Manzardo to the Cleveland Guardians in exchange for starting pitcher Aaron Civale.
Civale should be an immediate upgrade to the rotation. On the season, he's 5-2 with a 2.34 ERA in 13 starts. He's pitched 77 innings this year and his ERA is the best in baseball for any pitcher who has thrown at least 75 innings.
ESPN's Jeff Passan reported the Rays had been on the lookout for a starting pitcher and with Civale, "they get a perfect fit."
The Rays have been hunting for starting pitching, and in Aaron Civale, they get a perfect fit: innings eater with a vicious breaking ball and real performance this year (2.34 ERA in 77 innings over 13 starts). Manzardo is a heavy price. He can really hit. @TBTimes_Rays was first.
— Jeff Passan (@JeffPassan) July 31, 2023
Civale, 28, is just two seasons removed from posting a 12-5 record with the Guardians and the Rays hope he can stay healthy after battling an injury earlier this season.
The Rays' pitching rotation, when healthy, is one of the best in baseball and is led by ace Shane McClanahan. If Civale can continue his solid 2023 season, Tampa's pitching should look good come playoff time.
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https://www.abcactionnews.com/sports/baseball/rays/report-tampa-bay-rays-make-trade-to-bolster-rotation-ahead-of-deadline
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WASHINGTON (AP) — President Joe Biden has decided to keep U.S. Space Command headquarters in Colorado, overturning a last-ditch decision by the Trump administration to move it to Alabama and ending months of politically fueled debate, according to senior U.S. officials.
The officials said Biden was convinced by the head of Space Command, Gen. James Dickinson, who argued that moving his headquarters now would jeopardize military readiness. Dickinson’s view, however, was in contrast to Air Force leadership, who studied the issue at length and determined that relocating to Huntsville, Alabama, was the right move.
The officials spoke on condition of anonymity to discuss the decision ahead of the announcement.
The president, they said, believes that keeping the command in Colorado Springs would avoid a disruption in readiness that the move would cause, particularly as the U.S. races to compete with China in space. And they said Biden firmly believes that maintaining stability will help the military be better able to respond in space over the next decade. Those factors, they said, outweighed what the president believed would be any minor benefits of moving to Alabama.
Biden’s decision is sure to enrage Alabama lawmakers and fuel accusations that abortion politics played a role in the choice. The location debate has become entangled in the ongoing battle between Alabama Republican Sen. Tommy Tuberville and the Defense Department over the move to provide travel for troops seeking reproductive health care. Tuberville opposed the policy is blocking hundreds of military promotions in protest.
The U.S. officials said the abortion issue had no effect at all on Biden’s decision. And they said the president fully expected there would be different views on the matter within the Defense Department.
Formally created in August 2019, the command was temporarily based in Colorado, and Air Force and Space Force leaders initially recommended it stay there. In the final days of his presidency Donald Trump decided it should be based in Huntsville.
The change triggered a number of reviews.
Proponents of keeping the command in Colorado have argued that moving it to Huntsville and creating a new headquarters would set back its progress at a time it needs to move quickly to be positioned to match China’s military space rise. And Colorado Springs is also home to the Air Force Academy, which now graduates Space Force guardians, and more than 24 military space missions, including three Space Force bases.
Officials also argued that any new headquarters in Alabama would not be completed until sometime after 2030, forcing a lengthy transition.
Huntsville, however, scored higher than Colorado Springs in a Government Accountability Office assessment of potential locations and has long been a home to some of earliest missiles used in the nation’s space programs, including the Saturn V rocket. It is home to the Army’s Space and Missile Defense Command.
According to officials, Air Force Secretary Frank Kendall, who ordered his own review of the matter, leaned toward Huntsville, while Dickinson was staunchly in favor of staying put. The officials said Defense Secretary Lloyd Austin presented both options to Biden.
The decision was good news for Colorado lawmakers.
“For two and a half years we’ve known any objective analysis of this basing decision would reach the same conclusion we did, that Peterson Space Force Base is the best home for Space Command,” Sen. John Hickenlooper, D-Colo., said in a statement. “Most importantly, this decision firmly rejects the idea that politics — instead of national security — should determine basing decisions central to our national security.”
Sen. Michael Bennet, D-Colo., said the decision “restores integrity to the Pentagon’s basing process and sends a strong message that national security and the readiness of our Armed Forces drive our military decisions.”
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https://www.yourbasin.com/political/ap-biden-has-decided-to-keep-space-command-in-colorado-rejecting-move-to-alabama-officials-tell-ap/
| 2023-07-31T20:49:19
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Published: Jul. 31, 2023 at 3:30 PM CDT|Updated: 17 minutes ago
Business highlights include $50 million share repurchase, continued progress integrating recent acquisitions, ongoing development and implementation of organic growth and customer experience initiatives including our new University Park, IL service center, and eighth consecutive increase in the quarterly dividend. Quarterly results include strong cash flow generation.
CHICAGO, July 31, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2023.
Highlights:
Achieved Net Income attributable to Ryerson Holding Corporation of $37.6 million with Adjusted EBITDA1, excluding LIFO of $70.1 million
Earned Diluted EPS2 of $1.06 on revenue of $1.3 billion
Generated Operating Cash Flow of $115.3 million and Free Cash Flow of $69.1 million
Maintained Net Leverage ratio within target range at 1.4x, debt of $396 million and net debt3 of $366 million as of June 30, 2023
Repurchased 1.4 million shares directly from an affiliate of Platinum Equity, concurrent to their secondary public offering, creating value for shareholders and contributing to free float increasing to 77% as of June 30, 2023
Announced third quarter 2023 dividend of $0.1825 per share, a 1.4% increase from the prior quarter
A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.
Management Commentary Eddie Lehner, Ryerson's President and Chief Executive Officer, said, "I want to thank all of my Ryerson teammates for their continued dedication to operating safely and productively, and I want to thank our customers for the opportunity to create and deliver better customer experiences which we never take for granted. Counter-cyclical industry conditions, particularly within our stainless-steel products franchise, arrived mid-quarter and were evidenced by industrial metals bellwether price index declines and demand contraction in Ryerson's later-cycle end markets. Counter-cyclical conditions as experienced during the second half of last year re-emerged in the second quarter of this year for a myriad of reasons. Shifting consumer spending patterns, higher interest rates, quieted but still present financial system stress and tightening as well as an economic recovery in China that has failed to materialize all contributed to a subdued manufacturing macro environment during the quarter. Ryerson is investing in and preparing for the next synchronized manufacturing upturn whose secular characteristics around the necessity of above trend growth in fixed-asset investment with greater supply-chain resiliency remain intact. We are confident that carrying our growth and operating model investments across counter-cyclical waters as expressed through our recent acquisitions, greenfield service centers and facility modernizations and capital expenditures around value-added fabrication as well as ongoing investments in digitalization, future-state systems and additive manufacturing will position Ryerson well for both the next cyclical upturn and the longer term secular growth in North American manufacturing activity that is underway. As we have during past counter-cycles, we will take out non-value-added costs, flex expenses down, and better optimize our industrial metals inventories as we move through the third quarter and back-half of the year."
Second Quarter Results Ryerson generated net sales of $1.3 billion in the second quarter of 2023, a decrease of 4.5%, compared to the first quarter of 2023. This was largely driven by sequentially lower volumes, which decreased 4.4%, while average selling prices remained unchanged, compared to the first quarter of 2023.
Gross margin expanded sequentially by 60 basis points to 19.4% in the second quarter, compared to 18.8% in the first quarter. Gross Margins reflected LIFO income of $9M, as the commodity price curves for our metals products sales mix decreased resulting in a LIFO credit in costs of goods sold.
Excluding the impact of LIFO, gross margin contracted 40 basis points to 18.7% in the second quarter, compared to 19.1% in the first quarter. This was primarily driven by a decrease in stainless steel commodity prices coupled with continued high inventories in the channel that put downward pressure on average selling prices. Warehousing, delivery, selling, general and administrative expenses increased 4.3% to $202.6 million in the second quarter, compared to $194.2 million in the first quarter, primarily driven by expense related to acquisitions, higher depreciation expense driven by higher capital expenditures on growth initiatives, reorganization expenses related to an ERP systems implementation and start-up costs associated with the University Park service center, which were partially offset by lower fixed operating expenses.
Net income attributable to Ryerson Holding Corporation for the second quarter of 2023 was $37.6 million, or $1.06 per diluted share, compared to net income of $47.3 million, or $1.27 per diluted share in the previous quarter. Ryerson generated Adjusted EBITDA, excluding LIFO of $70.1 million in the second quarter, compared to the first quarter Adjusted EBITDA, excluding LIFO of $90.1 million.
Liquidity & Debt Management Ryerson generated $115.3 million of cash from operations in the second quarter of 2023, supported by net income attributable to Ryerson Holding of $37.6 million and working capital release of $37.8 million. The Company ended the second quarter of 2023 with $396 million of debt and $366 million of net debt, sequential increases of $1 million and $15 million, respectively, compared to the first quarter. Ryerson's leverage ratio as of the second quarter was 1.4x, within the Company's target leverage range. Ryerson's global liquidity, composed of cash and cash equivalents and availability on its revolving credit facilities was $790 million as of June 30, 2023.
Shareholder Return Activity
Dividends. During the second quarter of 2023, Ryerson paid a quarterly dividend in the amount of $0.1800 per share, amounting to a cash return of approximately $6.2 million. On July 31, 2023, the Board of Directors declared a quarterly cash dividend of $0.1825 per share of common stock, payable on September 14, 2023, to stockholders of record as of August 31, 2023.
Share Repurchase. On May 8, 2023, Ryerson repurchased 1,369,300 shares of common stock for approximately $50.0 million directly from an affiliate of Platinum Equity. Additionally, over the course of the second quarter of 2023, the Company repurchased 12,872 shares for $0.4 million in the open market. In total, Ryerson repurchased 1,382,172 shares of common stock resulting in a return to shareholders of approximately $50.4 million for the second quarter of 2023. Ryerson made these repurchases in accordance with its share repurchase authorization, which allows the Company to acquire up to an aggregate amount of $100.0 million of the Company's common stock through April of 2025. As of June 30, 2023, $49.6 million of the $100.0 million remained under the existing share repurchase authorization.
Outlook Commentary For the third quarter of 2023, Ryerson expects a continuation of slowing demand conditions, with customer shipments expected to decrease approximately 2% to 4%, quarter-over-quarter. The Company anticipates third-quarter net sales to be in the range of $1.25 billion to $1.30 billion, with average selling prices decreasing 1% to 2%. LIFO income in the third quarter of 2023 is expected to be $2 million. We expect adjusted EBITDA, excluding LIFO in the range of $43 million to $47 million and earnings per diluted share in the range of $0.31 to $0.43.
Earnings Call Information Ryerson will host a conference call to discuss second quarter 2023 financial results for the period ended June 30, 2023, on Tuesday, August 1, 2023, at 10 a.m. Eastern Time. The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com. A replay will be available at the same website for 90 days.
About Ryerson Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,300 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.
Notes: 1For EBITDA, Adjusted EBITDA and Adjusted EBITDA excluding LIFO please see Schedule 2 2EPS is Earnings per Share 3Net debt is defined as long term debt plus short term debt less cash and cash equivalents and excludes restricted cash
Legal Disclaimer The contents herein are provided for general information purposes only and do not constitute an offer to sell or buy, or a solicitation of an offer to buy, any security ("Security") of the Company or its affiliates ("Ryerson") in any jurisdiction. Ryerson does not intend to solicit, and is not soliciting, any action with respect to any Security or any other contractual relationship with Ryerson. Nothing in this release, individually or taken in the aggregate, constitutes an offer of securities for sale or buy, or a solicitation of an offer to buy, any Security in the United States, or to U.S. persons, or in any other jurisdiction in which such an offer or solicitation is unlawful.
Safe Harbor Provision Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; the impact of geopolitical events, including Russia's invasion of Ukraine and global trade sanctions; fluctuating metal prices; our indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; the ownership of a significant portion of our equity securities by a single investor group; work stoppages; obligations under certain employee retirement benefit plans; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2022,our quarterly report on Form 10-Q for the quarter ended June 30, 2023 and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.ksn.com/gooddaykansas/broncbuster-outdoor-fitness-court/
| 2023-07-31T20:49:20
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Biden has decided to keep Space Command in Colorado, rejecting move to Alabama, officials tell AP
WASHINGTON (AP) — President Joe Biden has decided to keep U.S. Space Command headquarters in Colorado, overturning a last-ditch decision by the Trump administration to move it to Alabama and ending months of politically fueled debate, according to senior U.S. officials.
The officials said Biden was convinced by the head of Space Command, Gen. James Dickinson, who argued that moving his headquarters now would jeopardize military readiness. Dickinson’s view, however, was in contrast to Air Force leadership, who studied the issue at length and determined that relocating to Huntsville, Alabama, was the right move.
The officials spoke on condition of anonymity to discuss the decision ahead of the announcement.
The president, they said, believes that keeping the command in Colorado Springs would avoid a disruption in readiness that the move would cause, particularly as the U.S. races to compete with China in space. And they said Biden firmly believes that maintaining stability will help the military be better able to respond in space over the next decade. Those factors, they said, outweighed what the president believed would be any minor benefits of moving to Alabama.
Biden’s decision is sure to enrage Alabama lawmakers and fuel accusations that abortion politics played a role in the choice. The location debate has become entangled in the ongoing battle between Alabama Republican Sen. Tommy Tuberville and the Defense Department over the move to provide travel for troops seeking reproductive health care. Tuberville opposed the policy is blocking hundreds of military promotions in protest.
The U.S. officials said the abortion issue had no effect at all on Biden’s decision. And they said the president fully expected there would be different views on the matter within the Defense Department.
Formally created in August 2019, the command was temporarily based in Colorado, and Air Force and Space Force leaders initially recommended it stay there. In the final days of his presidency Donald Trump decided it should be based in Huntsville.
The change triggered a number of reviews.
Proponents of keeping the command in Colorado have argued that moving it to Huntsville and creating a new headquarters would set back its progress at a time it needs to move quickly to be positioned to match China’s military space rise. And Colorado Springs is also home to the Air Force Academy, which now graduates Space Force guardians, and more than 24 military space missions, including three Space Force bases.
Officials also argued that any new headquarters in Alabama would not be completed until sometime after 2030, forcing a lengthy transition.
Huntsville, however, scored higher than Colorado Springs in a Government Accountability Office assessment of potential locations and has long been a home to some of earliest missiles used in the nation’s space programs, including the Saturn V rocket. It is home to the Army’s Space and Missile Defense Command.
According to officials, Air Force Secretary Frank Kendall, who ordered his own review of the matter, leaned toward Huntsville, while Dickinson was staunchly in favor of staying put. The officials said Defense Secretary Lloyd Austin presented both options to Biden.
The decision was good news for Colorado lawmakers.
“For two and a half years we’ve known any objective analysis of this basing decision would reach the same conclusion we did, that Peterson Space Force Base is the best home for Space Command,” Sen. John Hickenlooper, D-Colo., said in a statement. “Most importantly, this decision firmly rejects the idea that politics — instead of national security — should determine basing decisions central to our national security.”
Sen. Michael Bennet, D-Colo., said the decision “restores integrity to the Pentagon’s basing process and sends a strong message that national security and the readiness of our Armed Forces drive our military decisions.”
Copyright 2023 The Associated Press. All rights reserved.
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DENVER, July 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on July 31, 2023 of $0.1050 per share to shareholders of record at the close of business on July 18, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2023 federal income tax return. The final tax character of any distribution declared in 2023 will be determined in January 2024 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member.
PRE000386 7/31/2024
View original content:
SOURCE Principal Real Estate Income Fund
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ROCHESTER, N.H. (AP) — In a new policy plan unveiled Monday, Republican presidential hopeful Ron DeSantis took aim at China with a “Declaration of Economic Independence” that also targets taxes, regulations and “elites” he blames for the nation’s decline.
Speaking in a New Hampshire warehouse, the Florida governor promised to diversify and expand the economy by fighting for the middle class.
“Revitalizing economic freedom and opportunity will require building an economy where the concerns of average citizens are elevated over those deemed too big to fail,” he said at Prep Partners Group, which coordinates warehousing, distribution and other logistics for other companies.
“We are a nation with an economy, not the other way around,” DeSantis said. “We are citizens of a republic. We are not cogs in a global economic empire.”
DeSantis said his top priority would be wresting economic control from China by ending the nation’s preferential trade status, banning imports of goods made from stolen intellectual property and preventing companies from sharing critical technologies with China. Current polices, he said, have created an “abusive relationship” between the two countries.
“The elites sold us a bill of goods when it came to China. They were wrong, and we need to get it right,” he said.
The 10-point economic plan is the third major policy proposal put forth by DeSantis, who remains a distant second to former President Donald Trump in most polls and is fighting for momentum in the midst of a campaign reset. He recently shed more than one-third of his staff as federal filings showed his campaign was burning through cash at an unsustainable rate.
But on Monday, his focus was on reckless federal government spending. His plan describes him as a “new sheriff in town” who will veto wasteful spending and mandate work requirements for welfare programs. He also claimed he could achieve 3% annual economic growth by keeping taxes low, eliminating bureaucracy and incentivizing investment.
On the education front, DeSantis said he will stop incentivizing “useless degrees” by making universities responsible for the loans their students accrue.
“It’s wrong to say that a truck driver should have to pay off the debt of somebody who got a degree in gender studies,” he said.
After the speech, in what was billed as a news conference, DeSantis sidestepped a question about Trump’s mounting legal fees. That’s even as the DeSantis campaign has been attacking Trump for devoting much of his political fundraising to his legal entanglements.
“We’re here to talk about restoring this economy. We’re here to talk about uplifting the middle class,” DeSantis said. “To me, if you ask voters, are they more interested in hearing about that or the process stories about politics? I think that they want to hear about the country’s future so that’s what we’re going to talk about.”
A spokesperson for the Democratic National Committee said DeSantis should be talking about the economic woes he created in Florida including the rising costs of housing, property insurance and health care.
“It remains a mystery why DeSantis would try to reboot his dumpster fire of a campaign by promising to bring his failures as governor nationwide,” Ammar Moussa said.
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SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal third quarter ended July 1, 2023 and outlook for its fiscal fourth quarter ending September 30, 2023.
"Our third quarter results were in line with our outlook. We continue to execute well and deliver consistent operating margins and solid cash generation," stated Jure Sola, Chairman and Chief Executive Officer. "Our strong performance in the first nine months and achievement of our outlook for the fourth quarter would result in fiscal 2023 revenue growth of approximately 14 percent and non-GAAP EPS growth of approximately 35 percent. The team remains focused on excellence in quality, delivery and consistently meeting the needs of our customers. We have a strong foundation and promising future," Sola concluded.
Fourth Quarter Fiscal 2023 Outlook
The following outlook is for the fiscal fourth quarter ending September 30, 2023. These statements are forward-looking and actual results may differ materially.
- Revenue between $2.1 billion to $2.2 billion
- GAAP diluted earnings per share between $1.24 to $1.34
- Non-GAAP diluted earnings per share between $1.47 to $1.57
Safe Harbor Statement
The statements above concerning our financial outlook for the fourth quarter fiscal 2023 and our expectations for growth in revenue and non-GAAP earnings per share in fiscal 2023 should such outlook be achieved, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, most notably ongoing supply chain constraints and geopolitical uncertainty, including from the conflict in Ukraine. Other factors that could cause our results to differ from our forward-looking statements include adverse changes to the key markets we target; significant uncertainties that can cause our future sales and net income to be variable; reliance on a small number of customers for a substantial portion of our sales; risks arising from our international operations; and the other risk factors set forth in the Company's annual and quarterly reports filed with the Securities Exchange Commission.
The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.
Company Conference Call Information
Sanmina will hold a conference call to review its financial results for the third quarter and outlook for the fourth quarter of fiscal 2023 on Monday, July 31, 2023 at 5:30 p.m. ET (2:30 p.m. PT). The access numbers are: domestic 833-816-1390 and international 412-317-0483. The conference will also be webcast live over the Internet. You can log on to the live webcast at Q3 Webcast Link. Additional information in the form of a slide presentation is available on Sanmina's website at www.sanmina.com. A replay of the conference call will be available for 48-hours. The access numbers are: domestic 877-344-7529 and international 412-317-0088, access code is 1520057.
About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.
Sanmina Contact
Paige Melching
SVP, Investor Communications
408-964-3610
Schedule 1
The statements above and financial information provided in this earnings release include non-GAAP measures of operating income, operating margin, net income, diluted earnings per share and pre-tax return on invested capital (ROIC). Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below.
Management excludes these items principally because such charges or benefits are not directly related to the Company's ongoing core business operations. We use such non-GAAP measures in order to (1) make more meaningful period-to-period comparisons of the Company's operations, both internally and externally, (2) guide management in assessing the performance of the business, internally allocating resources and making decisions in furtherance of Company's strategic plan, (3) provide investors with a better understanding of how management plans and measures the business and (4) provide investors with a better understanding of our ongoing, core business. The material limitations to management's approach include the fact that the charges, benefits and expenses excluded are nonetheless charges, benefits and expenses required to be recognized under GAAP and, in some cases, consume cash which reduces the Company's liquidity. Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.
Additional information regarding the economic substance of each exclusion, management's use of the resultant non-GAAP measures, the material limitations of management's approach and management's methods for compensating for such limitations is provided below.
Stock-based Compensation Expense, which consists of non-cash charges for the estimated fair value of equity awards granted to employees and directors, is excluded in order to permit more meaningful period-to-period comparisons of the Company's results since the Company grants different amounts and value of equity awards each quarter. In addition, given the fact that competitors grant different amounts and types of equity awards and may use different valuation assumptions, excluding stock-based compensation permits more accurate comparisons of the Company's core results with those of its competitors.
Restructuring, Acquisition and Integration Expenses, which consist of severance, lease termination costs, exit costs, environmental investigation, remediation and related costs and other charges primarily related to closing and consolidating manufacturing facilities and those associated with the acquisition and integration of acquired businesses, are excluded because such charges (1) can be driven by the timing of acquisitions and exit activities which are difficult to predict, (2) are not directly related to ongoing business results and (3) generally do not reflect expected future operating expenses. In addition, given the fact that the Company's competitors complete acquisitions and adopt restructuring plans at different times and in different amounts than the Company, excluding these charges or benefits permits more accurate comparisons of the Company's core results with those of its competitors. Items excluded by the Company may be different from those excluded by the Company's competitors and restructuring and integration expenses include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Therefore, management also reviews GAAP results including these amounts.
Impairment Charges, which consist of non-cash charges, are excluded because such charges are non-recurring and do not reduce the Company's liquidity. In addition, given the fact that the Company's competitors may record impairment charges at different times, excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors.
Amortization Charges, which consist of non-cash charges impacted by the timing and magnitude of acquisitions of businesses or assets, are also excluded because such charges do not reduce the Company's liquidity. In addition, such charges can be driven by the timing of acquisitions, which is difficult to predict. Excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors because the Company's competitors complete acquisitions at different times and for different amounts than the Company.
Other Unusual or Infrequent Items, such as charges or benefits associated with distressed customers, expenses, charges and recoveries relating to certain legal matters, gains and losses on sales of assets, deferred tax adjustments and discrete tax items, are excluded because such items are typically non-recurring, difficult to predict or not directly related to the Company's ongoing or core operations and are therefore not considered by management in assessing the current operating performance of the Company and forecasting earnings trends. However, items excluded by the Company may be different from those excluded by the Company's competitors. In addition, these items include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Management compensates for these limitations by reviewing GAAP results including these amounts.
Adjustments for Taxes, which consist of the tax effects of the various adjustments that we exclude from our non-GAAP measures, and adjustments related to deferred tax and discrete tax items. Including these adjustments permits more accurate comparisons of the Company's core results with those of its competitors. We determine the tax adjustments based upon the various applicable effective tax rates. In those jurisdictions in which we do not expect to realize a tax cost or benefit (due to a history of operating losses or other factors), a reduced tax rate is applied.
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SOURCE Sanmina Corporation
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https://www.kxii.com/prnewswire/2023/07/31/sanminas-third-quarter-fiscal-2023-financial-results/
| 2023-07-31T20:49:26
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https://www.kxii.com/prnewswire/2023/07/31/sanminas-third-quarter-fiscal-2023-financial-results/
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https://www.ksn.com/gooddaykansas/comedian-travis-cagle/
| 2023-07-31T20:49:26
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Buttigieg touts progress in goal for half of new car sales to be electric vehicles
WASHINGTON (Gray DC) - Following an announcement of private investment plan for 30,000 new electric vehicle chargers across the United States, Transportation Secretary Pete Buttigieg said government investment has paved the way private companies to produce more electric cars.
“Federal investment to try and make up the difference where markets are still getting ready, and then the private sector, private industry, needs to do the rest,” Buttigieg said.
Leading global electric vehicle manufacturers, including Ford, General Motors and BMW have joined together to build 30,000 electric vehicle chargers across the country.
“When you fill up your gas car with gas you’re counting on private companies to set up for that,” Buttigieg said. “We really need private industry to play more of a roll in investing in and running these electric vehicle charging stations.”
The government has set aside $7.5 billion for states to create their own networks of EV chargers, but the Biden administration wants to guarantee things like price transparency, and guaranteeing a charger from one company works for another company’s vehicles.
“They are going to meet standards that we have set, and they’ll have to in order to qualify for federal support.”
Buttigieg said if the U.S. does not take the lead on electric vehicles, someone else will.
“There is a race, whether people realize it or not,” Buttigieg said. “Where in the middle of a heated race to win the future of electric vehicles.”
The federal money for EV charging networks comes from the Bipartisan Infrastructure Law passed in 2021.
Copyright 2023 Gray DC. All rights reserved.
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https://www.kttc.com/2023/07/31/buttigieg-touts-progress-goal-half-new-car-sales-be-electric-vehicles/
| 2023-07-31T20:49:27
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https://www.kttc.com/2023/07/31/buttigieg-touts-progress-goal-half-new-car-sales-be-electric-vehicles/
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The Fitness Superstore to Exclusively Carry the REP Line
DENVER, July 31, 2023 /PRNewswire/ -- Home and commercial gyms in the United Kingdom and Ireland are about to level up.
One of the USA's top gym equipment brands has joined forces with the UK's largest speciality fitness retailer. Starting this summer, Bodypower Sports Ltd. (trading as Fitness Superstore) will carry a large range of REP Fitness equipment. This expansion was in response to a growing demand overseas, after REP took the US by storm. It kicks off the launch of REP products throughout all of Europe, so more people can have access to REP's versatile, quality, innovative equipment.
REP, founded a decade ago in Colorado by two gym-loving brothers, has risen to become America's most popular brand in the home gym market. It offers a full line of gym gear, all designed by in-house, weightlifting engineers for both commercial and home gyms.
REP's award-winning power racks, benches, functional training gyms, and more will soon be available for UK customers to try out and order in Fitness Superstore showrooms across the UK (11 stores). Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Fitness Superstore will also carry REP on its website, to be delivered throughout the UK and Ireland.
"Fitness Superstore is proud to exclusively represent this fantastic and innovative brand in the UK," says Paul Walker, Fitness Superstore managing director and owner.
Ryan McGrotty, co-founder or REP, echoes that. He says Fitness Superstore and REP make a great partnership because both are staffed by real-life fitness enthusiasts and professionals; they both offer a full range of equipment, and they both value creating community and making fitness accessible to all.
"We're excited to be working with such a strong partner in the UK with Fitness Superstore. We know they will offer a great shopping experience for all our fans in the UK who have been eagerly awaiting the availability of our products," says McGrotty. "Their broad store footprint will make it convenient for everyone to easily see and test our products before taking them home.
ABOUT REP
REP Fitness designs and sells world-class, innovative strength equipment that is sold around the world. REP was founded in Colorado in 2012 by two brothers with a shared passion for fitness and has grown into more than 300,000 square feet of office and distribution space and a team of more than 150 dedicated fitness enthusiasts. That shared passion for fitness is what drives REP's innovative spirit, where creating class-leading fitness equipment, with an emphasis on incredible home gyms, is paramount.
REP has been listed twice on the Inc. 5,000 fastest-growing companies — in 2018 and in 2021. REP products are frequently listed as top choices in many fitness publications, such as Men's Health.
For more information, visit repfitness.com. Connect with REP on Instagram, YouTube, Facebook, TikTok, and LinkedIn.
ABOUT FITNESS SUPERSTORE
Fitness Superstore, founded in 1994, is the largest supplier of specialist fitness equipment in the UK and is proud to feature the largest fitness equipment showrooms in the UK.
Learn more at fitness-superstore.co.uk. You can also connect with Fitness Superstore on Facebook, Instagram, YouTube, and TikTok.
View original content:
SOURCE Rep Fitness
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| 2023-07-31T20:49:31
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https://www.wibw.com/prnewswire/2023/07/31/rep-fitness-equipment-now-available-pre-order-uk-ireland/
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WASHINGTON (AP) — Hunter Biden’s former business partner insisted in testimony to Congress Monday that President Joe Biden was never directly involved in their financial dealings, though Hunter would often put his famous father on speakerphone to impress clients and business associates.
The Republican-led House Oversight Committee conducted a more than-five hour interview with Devon Archer as part of its expanding congressional inquiry into the Biden family businesses as the GOP explores a potential impeachment inquiry into the president.
Both Republican and Democratic lawmakers inside the closed-door interview said Archer testified that over the span of 10 years, Hunter Biden put his father on the phone around 20 times while in the company of associates but “never once spoke about any business dealings.”
New York Rep. Dan Goldman, who was representing Democrats inside the room, told reporters after the interview that Archer testified that Hunter sold the “illusion of access” to his father by taking credit for things his father did as vice president that he had no part in.
But Rep. Andy Biggs, a Republican member of the Oversight Committee, came out of the interview saying that testimony implicated the president directly. “I think we should do an impeachment inquiry,” the Arizona lawmaker told reporters.
Biggs, reading from his notes, said Archer testified that the Ukrainian gas company “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.”
Archer, who served with Hunter Biden on the board of Burisma, has been seen by Republicans as a key witness in their search to directly connect the president to his son’s various international business transactions.
Rep. James Comer, the GOP chairman of Oversight Committee, issued a subpoena to Archer in June, saying he “played a significant role in the Biden family’s business deals abroad, including but not limited to China, Russia, and Ukraine.” He said Archer’s testimony would be critical to the committee’s investigation.
Republicans have focused much attention on an unverified tip to the FBI that alleged a bribery scheme involving Joe Biden when he was vice president. The claim, which first emerged in 2019, was that Biden pressured Ukraine to fire its top prosecutor in order to stop an investigation into Burisma, the oil-and-gas company where Hunter Biden was on the board.
Democrats on the committee, including Maryland Rep. Jamie Raskin, the ranking minority member, have reiterated that the Justice Department investigated the Burisma claim when Donald Trump was president and closed the matter after eight months, finding “insufficient evidence” that it was true. Democrats have also highlighted the transcript of an interview with Mykola Zlochevsky, Burisma’s co-founder, in which he denied having any contact with Joe Biden while Hunter Biden worked for the company.
“Mr. Zlochevsky’s statements are just one of the many that have debunked the corruption allegations,” Raskin said.
On top of his relationship with Hunter Biden, who is currently facing federal tax charges, Archer has his own legal troubles stemming from a 2018 felony conviction for his role in a conspiracy to defraud a Native American tribe. That conviction was overturned later that year, but the court of appeals in New York reinstated it in 2020. His sentencing in the case has been repeatedly delayed by appeals.
Archer’s appearance before lawmakers had been scheduled and canceled several times since June. Republicans suggested it was about to be delayed again after the Justice Department over the weekend asked a judge to schedule a date for Archer to surrender to prison and begin serving out his one-year sentence in the unrelated fraud case.
Republicans — led by Comer — criticized that delay, calling it an effort by the Justice Department to intimidate a witness. But the Justice Department in a follow-up memo to the court noted Archer’s surrender was not imminent and asked a judge to ensure that he testified to Congress before reporting to prison.
“Mr. Archer will do what he has planned to do all along, which is to show up this morning and to honestly answer the questions that are put to him by the congressional investigators,” said Archer’s attorney, Matthew Schwartz, who is a managing partner at New York-based firm Boies Schiller Flexner.
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https://www.yourbasin.com/political/ap-hunter-bidens-former-business-partner-appears-for-closed-door-interview-with-gop-led-committee/
| 2023-07-31T20:49:31
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https://www.yourbasin.com/political/ap-hunter-bidens-former-business-partner-appears-for-closed-door-interview-with-gop-led-committee/
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Health Matters: Salina Regional – Cholesterol
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SEATTLE, July 31, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury voyages and expedition travel, took delivery of its second expedition ship, Seabourn Pursuit, today during an official handover maritime ceremony at the T. Mariotti shipyard in Genoa, Italy. Seabourn Pursuit is the company's second purpose-built, ultra-luxury expedition ship and the newest expedition ship in the industry.
"I am honored to share this incredible moment with the entire Seabourn family as we welcome Seabourn Pursuit, our highly anticipated second ultra-luxury expedition ship, into our fleet," expressed Natalya Leahy, Seabourn President. "With remarkable craftsmanship by the Mariotti team, an abundance of space, and the breathtaking style of Tihany Design, Seabourn Pursuit raises the bar for ultra-luxury expedition travel. We are grateful to Mariotti and Tihany Design for their expertise in shaping and making our dream come true for our guests."
Leahy added that the state-of-the-art Seabourn Pursuit will provide the perfect combination of luxury and expedition. "Seabourn Pursuit offers the best of both worlds: our well-known signature luxury and elegance with the world of exploration and adventure. The ship is masterfully designed for our guests, who are extraordinary people looking for out of the ordinary experiences. Our guests will indulge in Seabourn's ultra-luxury style and enjoy our intuitive, personalized service, while the ship takes them to awe-inspiring destinations around the world that only few will ever visit in a lifetime."
"Today, one year after the delivery of Seabourn Venture, we are very happy to have completed and delivered her sister ship, Seabourn Pursuit," said Marco Ghiglione, Managing Director of T. Mariotti. "We are truly proud to have built the most outstanding ultra-luxury expedition ship for Seabourn, one of the leading cruise lines in the luxury market. This is another important masterpiece for Italian shipbuilding coming out of T. Mariotti shipyard, demonstrating again that our leadership in this sector is well consolidated. Thanks to Seabourn, all people involved in this journey, Lloyd's Register and the pencil of Adam Tihany, here is the new expedition jewel."
Seabourn Pursuit offers the same luxurious "yacht like" small ship experience that travelers have come to expect from Seabourn, enhanced by world-class equipment that allows the line to offer its widest range of expedition activities led by an expert 24-person expedition team of scientists, scholars, naturalists, and more. Seabourn Pursuit is designed and built for remote, diverse environments to PC6 Polar Class standards and will include a plethora of modern hardware and technology that will extend the ship's global deployment and capabilities. Seabourn Pursuit has close to 30,000 square feet of deck space and special touches at every turn. Those include indoor and outdoor guest areas with nearly 270-degree views, and a 4K GSS Cineflex Camera mounted on the mast of the Constellation Lounge capable of broadcasting imagery from miles ahead on monitors located throughout the ship and in guest suites.
In addition, Seabourn Pursuit, like the rest of the ships in the Seabourn fleet, offers an abundance of space and elegance, eight dining facilities serving gourmet cuisine, and luxurious all-suite accommodations, including a pair of two-level Wintergarden suites.
Seabourn Pursuit is scheduled to enter service August 12, 2023, and will sail five voyages in the Mediterranean before embarking on two voyages across the Atlantic and through the Caribbean. On October 10, 2023, the ship will arrive in Barbados to begin its expedition journeys, taking guests to remote corners of the globe. Seabourn Pursuit will head south for expeditions exploring coastal South America, the Amazon, and Antarctica into late March 2024.
Following its inaugural Antarctic season, the ship will head across the islands of the South Pacific and eventually to Australia, which will be the start of the line's first exploration of the Kimberley region in the Northern Territory and Western Australia between June and August 2024. The iconic Kimberley, with its red sandstone gorges, rivers, waterfalls, wildlife, and Aboriginal life and history, is the ideal setting for a truly, world-class expedition experience. In addition to the Kimberley, Seabourn Pursuit will visit Papua New Guinea, West Papua, Indonesia, and sail across the South Pacific between Chile and Melanesia between March and October 2024.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).
Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.
Notes to Editors:
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Purpose-built expedition ships, PC6 ice-strengthened hull, with advanced maneuvering technology for superior stability, safety, and comfort
- World-class Expedition Team, delivering immersive experiences
- All veranda, all ocean-front suites luxuriously appointed
- Handcrafted itineraries developed for the expedition traveler to the most coveted and familiar remote destinations in the world
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests' expectations
- Inclusive expedition experiences with Zodiacs, scuba diving and snorkeling
- Optional expedition experiences with kayaks and custom-built, 6-guest submarines giving the option to extend your expedition further for greater ocean exploration**
- Welcome toast and complimentary in-suite bar stocked with your preferences
- Hosted bridge policy* with Expedition team members providing firsthand access to the ship's command center and officers navigating your journey
- World-class dining venues are all complimentary, dine where, when and with whom you wish
- Tipping is neither required, nor expected
- Complimentary premium spirits and fine wines available on board at all times
- Meticulous and purposeful adventurers' resort at sea designed for the luxury traveler with unique attributes and spaces to enhance your experience
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program**
- Committed to environmental stewardship and sustainability
*At the Captain's discretion
** Optional programs, for additional charge
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SOURCE Seabourn
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https://www.kxii.com/prnewswire/2023/07/31/seabourn-takes-delivery-seabourn-pursuit-lines-second-purpose-built-ultra-luxury-expedition-ship/
| 2023-07-31T20:49:32
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A woman from New Hampshire who works for a nonprofit organization in Haiti and her young daughter have been reported as kidnapped as the U.S. State Department issued a "do not travel advisory" in the country and ordered nonemergency personnel to leave there amid growing security concerns.
Alix Dorsainvil, a nurse for El Roi Haiti, and her daughter were kidnapped on Thursday, the organization said in a statement Saturday. El Roi, which runs a school and ministry in Port au Prince, said the two were taken from campus. Dorsainvil is the wife of the program's director, Sandro Dorsainvil.
"Alix is a deeply compassionate and loving person who considers Haiti her home and the Haitian people her friends and family," El Roi president and co-founder Jason Brown said in the statement. "Alix has worked tirelessly as our school and community nurse to bring relief to those who are suffering as she loves and serves the people of Haiti in the name of Jesus."
A State Department spokesperson said in a statement Saturday it is "aware of reports of the kidnapping of two U.S. citizens in Haiti," adding, "We are in regular contact with Haitian authorities and will continue to work with them and our U.S. government interagency partners."
In its advisory Thursday, the department said that "kidnapping is widespread, and victims regularly include U.S. citizens."
It said kidnappings often involve ransom negotiations and U.S. citizen victims have been physically harmed.
Earlier this month, the National Human Rights Defense Network issued a report warning about an upsurge in killings and kidnappings and the U.N. Security Council met to discuss Haiti's worsening situation.
WMUR-TV reported that Dorsainvil is from Middleton, New Hampshire, and went to Regis College in Weston, Massachusetts, which has a program to support nursing education in Haiti.
"It doesn't surprise me that Alex chose to get involved in this type of service work," Regis College president Toni Hays told the station. "She was amazing. She was passionate, she was compassionate."
Trending stories at Scrippsnews.com
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https://www.abcactionnews.com/us-mother-and-daughter-kidnapped-in-haiti-people-warned-not-to-go
| 2023-07-31T20:49:33
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https://www.abcactionnews.com/us-mother-and-daughter-kidnapped-in-haiti-people-warned-not-to-go
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Celebrating the summer season - The Mantorville Theatre Company
Published: Jul. 31, 2023 at 2:24 PM CDT|Updated: 1 hour ago
MANTORVILLE, Minn. (KTTC) – The 50th anniversary of the Mantorville Theatre Company is in full swing with a new play. ‘Willow Weep No More or A New Broom Sweeps Cleaner’ takes the stage August 4 - 20th. Assistant Director Karl Huppier and fellow actor Kcin Siegele of the Mantorville Theatre, were in our studio Monday to discuss the production.
If you would like more information about the production and how to get tickets, visit their website here.
Copyright 2023 KTTC. All rights reserved.
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https://www.kttc.com/2023/07/31/celebrating-summer-season-mantorville-theatre-company/
| 2023-07-31T20:49:34
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https://www.kttc.com/2023/07/31/celebrating-summer-season-mantorville-theatre-company/
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MENLO PARK, Calif., July 31, 2023 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) announced today that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on Sept. 15, 2023, to all shareholders of record as of Aug. 25, 2023.
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides companies with the talent and subject matter expertise they need to confidently compete and grow. Robert Half is the parent company of Protiviti®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named to the Fortune® Most Admired Companies™ and Most Innovative Companies lists and is a Forbes Best Employer for Diversity. Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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https://www.wibw.com/prnewswire/2023/07/31/robert-half-announces-quarterly-dividend/
| 2023-07-31T20:49:37
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| 2023-07-31T20:49:38
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CHICAGO (AP) — A leading anti-abortion organization criticized Republican Ron DeSantis on Monday for not supporting a national ban on the procedure, calling the Florida governor’s position “unacceptable” as he seeks the GOP nomination for president.
The president of Susan B. Anthony Pro-Life America, an influential player in conservative politics, took issue with DeSantis’ statements in a recent interview in which he declined to back a national abortion ban. SBA President Marjorie Dannenfelser said the anti-abortion movement and Americans across the U.S. deserve a president who will “boldly advocate” for a ban on abortion at 15 weeks of pregnancy.
“A pro-life president has a duty to protect the lives of all Americans. He should be the National Defender of Life,” she said. “Gov. DeSantis’s dismissal of this task is unacceptable to prolife voters. A consensus is already formed. Intensity for it is palpable and measurable. There are many pressing legislative issues for which Congress does not have the votes at the moment, but that is not a reason for a strong leader to back away from the fight. This is where presidential leadership matters most.”
DeSantis’ campaign called the statement unjustified.
“Governor DeSantis delivers results and acts, especially when it comes to protecting life. He did so in Florida by signing the heartbeat bill and will be a pro-life president,” Press Secretary Bryan Griffin said. “He does not kowtow to DC interest groups. This unjustified attack on him is another example of the DC political games that have seen conservatives falter in Washington while Governor DeSantis has produced unmatched conservative victories in Florida.”
Susan B. Anthony Pro-Life America was responding to a recent interview in which Megyn Kelly asked DeSantis if he would support a national abortion ban. The U.S. Supreme Court last year overturned Roe v. Wade, the roughly 50-year-old ruling that established a federal right to abortion. Susan B. Anthony has said it would not support any White House candidate in 2024 who did not at a minimum support a 15-week federal ban.
In the interview, DeSantis noted he signed legislation in Florida to ban abortion at six weeks of pregnancy but suggested that individual states should decide the issue. He said he is “pro-life” but added that he is “running on doing things that I know I can accomplish.”
Democrats say the Supreme Court’s decision and Republicans’ focus on restricting abortion rights have helped motivate voters to favor more liberal candidates, and the party believes it will be a major factor again in 2024. Abortion rights were on the ballot in six states in 2022, and in every contest voters opted to protect them. In the battleground state of Wisconsin, a liberal candidate who made abortion rights a centerpiece of her campaign won an April election for a seat on the state’s highest court.
A recent poll from The Associated Press-NORC Center for Public Affairs Research found that the majority of U.S. adults want abortion to be legal at least through the initial stages of pregnancy. About two-thirds of Americans said abortion should generally be legal, but only about a quarter said it should always be legal and only about 1 in 10 said it should always be illegal.
About half of Americans say abortions should be permitted at the 15-week mark, though 55% of those living in states with the most restrictive laws say abortion should be banned by that point, the poll found.
The criticism from a powerful organization comes at a tenuous time for DeSantis, who is seen as the top rival to former President Donald Trump for the GOP presidential nomination, but who has been running a distant second to Trump in public polling. DeSantis’ campaign has been working in recent weeks to improve his trajectory and reboot his campaign, including cutting staff.
He is not alone in drawing criticism from Susan B. Anthony Pro-Life America, however. The group also was critical of Trump for not supporting the 15-week federal ban.
Trump has defended that position, noting he appointed the Supreme Court justices who made it possible for Roe v. Wade to be overturned. Trump also has said that Republicans’ focus on restricting abortion
Some other Republicans seeking the nomination support the national ban. Former Vice President Mike Pence said he would go further, endorsing a ban at six weeks of pregnancy, or before some women know they are pregnant.
He told The Associated Press that abortion should be banned when a pregnancy isn’t viable — a standard that would force women to carry pregnancies to term even when doctors have determined there is no chance a baby will survive outside the womb.
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Associated Press reporter Michelle L. Price contributed from New York.
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Companies combine expertise to deliver innovative technology solutions for arenas, stadiums, convention and exhibition centers, and performing arts venues
TUCSON, Ariz., July 31, 2023 /PRNewswire/ -- Simpleview and ASM Global are pleased to announce a partnership created to provide a unified network of websites and technology solutions for the ASM Global portfolio of venues. The partnership was strategically designed to develop cohesive branding powered by a best-in-class technology stack and ticketing integrations that promote visitors and drive web conversions for arenas, stadiums, convention and exhibition centers, and performing arts venues.
Simpleview, a leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and ASM Global, the world's leading venue management and services company, will serve the meetings and events ecosystem; by leveraging Simpleview's advanced technology and ASM Global's extensive global network, this partnership will enable clients to create captivating digital experiences that drive engagement and ticket sales and enhance venue marketing efforts.
Highlights of the partnership include:
- Enhanced Website Capabilities: a new generation of website solutions with state-of-the-art features and functionalities equipped with user-friendly content management systems, robust event and ticketing integrations, interactive mapping tools, and seamless integration with social media platforms
- Personalized Experiences: clients can deliver tailored content and offers to individual users, ensuring a highly personalized and engaging journey for every visitor
- Mobile-Optimized Design: prioritization of mobile optimization, ensuring that websites are fully accessible across all screen sizes and platforms
- Data-Driven Insights: comprehensive analytics and reporting gain insights into visitor behavior, marketing performance, and conversion rates so venues can make informed decisions and optimize marketing strategies effectively
"ASM Global is thrilled to work in partnership with Simpleview to create a cohesive, best-in-class website solution for our diverse global portfolio of stadiums, arenas, theaters, and convention centers," said Alex Merchán, chief marketing officer at ASM Global. "From the start of this relationship, Simpleview has impressed us with its tech stack, service offering, data-driven approach, and talented team. We look forward to building and scaling this partnership in the years ahead."
About Simpleview
Simpleview is a worldwide leading provider of CRM, CMS, website design, digital marketing services, and data insights for convention bureaus, venues, tourism boards, destination marketing organizations (DMOs), and attractions. The company employs staff across the globe, serving clients of all sizes, including small towns, world capitals, top meeting destinations, and countries across multiple continents.
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| 2023-07-31T20:49:39
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Doctors concerned brain-eating amoeba infection could increase due to warmer water temperatures
PHOENIX (KPHO/Gray News) -- Some scientists predict brain-eating amoeba cases could grow since we’ve had record heat and water temperatures are increasing.
The amoeba, naegleria fowleri, can enter the body through the nose and travel to the brain, resulting in an infection. While cases are limited over the years, there have been multiple in Arizona at Lake Pleasant and Lake Mead.
Most recently in Nevada, a child died because of the disease.
Brain-eating amoeba is a microscopic parasite found in warm, fresh bodies of water like hot springs or lakes. You can’t get it by accidentally swallowing the water or through a cut. The only way to get infected is by getting it far up your nose by diving or cannonballing into a lake.
Although infection is rare, the disease has a 97% fatality rate since symptoms are common at first. The disease is usually only diagnosed when it’s in the late-stage and symptoms progress to more severe illness like hallucinations and seizures. By that point, it’s usually too late to treat the disease effectively.
There are only about 10 cases per year, but experts say because the amoebas live in warm, fresh bodies of water, they expect to see that number increase with rising temperatures.
Dr. Wassim Ballan, an infectious disease specialist at Phoenix Children’s Hospital, said there are concerns about cases rising, as well as a number of other infectious diseases.
“We are probably going to see a change in trends because of the climate changing and the temperatures rising,” Ballan said. “So there is a lot of concern in the infectious disease community about a lot of different infections, including amoebic infections becoming more common as the climate is warming.”
He also said parents who notice their child feeling unwell after a day of swimming should get them checked out right away. Early symptoms usually start five days after infection. They include sudden fever, headache, and stiff neck. Because the amoebas can only be deadly by entering through the nose, doctors recommend you not jump or dive into the water and instead hold your nose or wear nose clips. Or better yet, keep your head above water.
Digging in shallow water is also not advised since it stirs up the sediment where the amoeba live. It’s important to note there haven’t been any recent cases at Saguaro Lake. Since they started tracking the disease in 1962, there have been only 160 reported cases, so it’s infrequent. Still, Ballan said it isn’t worth the risk when prevention is so easy.
For more information on the naegleria fowleri, visit the Centers for Disease Control and Prevention’s website.
Copyright 2023 KPHO/KTVK via Gray Media Group, Inc. All rights reserved.
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SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal third quarter ended July 1, 2023 and outlook for its fiscal fourth quarter ending September 30, 2023.
"Our third quarter results were in line with our outlook. We continue to execute well and deliver consistent operating margins and solid cash generation," stated Jure Sola, Chairman and Chief Executive Officer. "Our strong performance in the first nine months and achievement of our outlook for the fourth quarter would result in fiscal 2023 revenue growth of approximately 14 percent and non-GAAP EPS growth of approximately 35 percent. The team remains focused on excellence in quality, delivery and consistently meeting the needs of our customers. We have a strong foundation and promising future," Sola concluded.
Fourth Quarter Fiscal 2023 Outlook
The following outlook is for the fiscal fourth quarter ending September 30, 2023. These statements are forward-looking and actual results may differ materially.
- Revenue between $2.1 billion to $2.2 billion
- GAAP diluted earnings per share between $1.24 to $1.34
- Non-GAAP diluted earnings per share between $1.47 to $1.57
Safe Harbor Statement
The statements above concerning our financial outlook for the fourth quarter fiscal 2023 and our expectations for growth in revenue and non-GAAP earnings per share in fiscal 2023 should such outlook be achieved, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, most notably ongoing supply chain constraints and geopolitical uncertainty, including from the conflict in Ukraine. Other factors that could cause our results to differ from our forward-looking statements include adverse changes to the key markets we target; significant uncertainties that can cause our future sales and net income to be variable; reliance on a small number of customers for a substantial portion of our sales; risks arising from our international operations; and the other risk factors set forth in the Company's annual and quarterly reports filed with the Securities Exchange Commission.
The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.
Company Conference Call Information
Sanmina will hold a conference call to review its financial results for the third quarter and outlook for the fourth quarter of fiscal 2023 on Monday, July 31, 2023 at 5:30 p.m. ET (2:30 p.m. PT). The access numbers are: domestic 833-816-1390 and international 412-317-0483. The conference will also be webcast live over the Internet. You can log on to the live webcast at Q3 Webcast Link. Additional information in the form of a slide presentation is available on Sanmina's website at www.sanmina.com. A replay of the conference call will be available for 48-hours. The access numbers are: domestic 877-344-7529 and international 412-317-0088, access code is 1520057.
About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.
Sanmina Contact
Paige Melching
SVP, Investor Communications
408-964-3610
Schedule 1
The statements above and financial information provided in this earnings release include non-GAAP measures of operating income, operating margin, net income, diluted earnings per share and pre-tax return on invested capital (ROIC). Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below.
Management excludes these items principally because such charges or benefits are not directly related to the Company's ongoing core business operations. We use such non-GAAP measures in order to (1) make more meaningful period-to-period comparisons of the Company's operations, both internally and externally, (2) guide management in assessing the performance of the business, internally allocating resources and making decisions in furtherance of Company's strategic plan, (3) provide investors with a better understanding of how management plans and measures the business and (4) provide investors with a better understanding of our ongoing, core business. The material limitations to management's approach include the fact that the charges, benefits and expenses excluded are nonetheless charges, benefits and expenses required to be recognized under GAAP and, in some cases, consume cash which reduces the Company's liquidity. Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.
Additional information regarding the economic substance of each exclusion, management's use of the resultant non-GAAP measures, the material limitations of management's approach and management's methods for compensating for such limitations is provided below.
Stock-based Compensation Expense, which consists of non-cash charges for the estimated fair value of equity awards granted to employees and directors, is excluded in order to permit more meaningful period-to-period comparisons of the Company's results since the Company grants different amounts and value of equity awards each quarter. In addition, given the fact that competitors grant different amounts and types of equity awards and may use different valuation assumptions, excluding stock-based compensation permits more accurate comparisons of the Company's core results with those of its competitors.
Restructuring, Acquisition and Integration Expenses, which consist of severance, lease termination costs, exit costs, environmental investigation, remediation and related costs and other charges primarily related to closing and consolidating manufacturing facilities and those associated with the acquisition and integration of acquired businesses, are excluded because such charges (1) can be driven by the timing of acquisitions and exit activities which are difficult to predict, (2) are not directly related to ongoing business results and (3) generally do not reflect expected future operating expenses. In addition, given the fact that the Company's competitors complete acquisitions and adopt restructuring plans at different times and in different amounts than the Company, excluding these charges or benefits permits more accurate comparisons of the Company's core results with those of its competitors. Items excluded by the Company may be different from those excluded by the Company's competitors and restructuring and integration expenses include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Therefore, management also reviews GAAP results including these amounts.
Impairment Charges, which consist of non-cash charges, are excluded because such charges are non-recurring and do not reduce the Company's liquidity. In addition, given the fact that the Company's competitors may record impairment charges at different times, excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors.
Amortization Charges, which consist of non-cash charges impacted by the timing and magnitude of acquisitions of businesses or assets, are also excluded because such charges do not reduce the Company's liquidity. In addition, such charges can be driven by the timing of acquisitions, which is difficult to predict. Excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors because the Company's competitors complete acquisitions at different times and for different amounts than the Company.
Other Unusual or Infrequent Items, such as charges or benefits associated with distressed customers, expenses, charges and recoveries relating to certain legal matters, gains and losses on sales of assets, deferred tax adjustments and discrete tax items, are excluded because such items are typically non-recurring, difficult to predict or not directly related to the Company's ongoing or core operations and are therefore not considered by management in assessing the current operating performance of the Company and forecasting earnings trends. However, items excluded by the Company may be different from those excluded by the Company's competitors. In addition, these items include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Management compensates for these limitations by reviewing GAAP results including these amounts.
Adjustments for Taxes, which consist of the tax effects of the various adjustments that we exclude from our non-GAAP measures, and adjustments related to deferred tax and discrete tax items. Including these adjustments permits more accurate comparisons of the Company's core results with those of its competitors. We determine the tax adjustments based upon the various applicable effective tax rates. In those jurisdictions in which we do not expect to realize a tax cost or benefit (due to a history of operating losses or other factors), a reduced tax rate is applied.
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President Biden overturned a decision from the Trump administration to relocate the temporary headquarters of Space Command to Alabama, deciding instead to keep the base in Colorado.
The decision was made because Biden believes keeping the HQ in Colorado Springs, rather than relocating it to Huntsville, would maintain stability and not impact readiness, according to a senior U.S. official.
The senior administration official said Biden consulted with Defense Secretary Lloyd Austin and other military leaders before deciding to keep the base in Colorado permanently.
Gen. James Dickinson, the head of Space Command, also helped to convince Biden to not relocate the base, according to the Associated Press.
U.S. Space Command headquarters is set to achieve “full operational capability” at Colorado Springs later this month, according to the senior administration official.
The official said moving the headquarters to Alabama would force a transition process that does not allow the new base to open until the mid-2030’s.
“The President found that risk unacceptable, especially given the challenges we may face in the space domain during this critical time period,” the official said. “Locating Headquarters U.S. Space Command in Colorado Springs ensures peak readiness in the space domain for our nation during a critical period.”
Biden’s reversal is likely to spark the fury of Alabama Republicans who have for months feared the administration would scrap the relocation plan.
Alabama Rep. Mike Rogers (R), the chairman of the House Armed Services Committee, has been investigating the delay behind the relocation plan, which was first put in motion when Space Command was resurrected in 2019.
Former President Trump’s decision to temporarily establish a headquarters in Colorado and relocate Space Command to Alabama was criticized as a political choice based upon a more favorable constituency in the Yellowhammer state.
Since coming into office, the Biden administration ordered reviews of the decision, none of which found anything improper in Trump’s decision, though they found the former president could have followed better practices in the process.
The delayed relocation reached new heights over the spring when NBC News reported the Biden administration was considering scrapping the relocation plan because of restrictive abortion laws in Alabama.
Rogers and other Alabama Republicans objected to any such plan, saying Huntsville, also known as Rocket City, was selected based on its merits and in a fair process, while pointing to the reviews that found nothing improper.
The House version of the annual defense bill that passed earlier this month includes provisions that slash funding for the Air Force Secretary until the administration makes a final decision. It’s unclear whether Rogers will be satisfied with a reversal.
Other Alabama politicians, including Gov. Kay Ivey (R), are likely to also object to the decision.
Updated at 4:29 pm ET.
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WASHINGTON (AP) — The FBI should stop using a U.S. spy database of foreigners’ emails and other communications for investigating crimes that aren’t related to national security, a group of White House intelligence advisers recommended in a report released Monday.
The President’s Intelligence Advisory Board’s findings come as the White House pushes Congress to renew Section 702 of the Foreign Intelligence Surveillance Act before its expiration at the end of this year. U.S. intelligence officials say Section 702 enables investigations of Chinese and Russian espionage, potential terrorist plots, and other threats.
But spy agencies also end up capturing the communications of U.S. citizens and businesses, and a series of intelligence mistakes at the FBI has fanned bipartisan criticism of the bureau that has shaped the debate over renewing the law. Some lawmakers in both parties and civil liberties groups have called for stronger curbs on how the FBI uses foreign surveillance to search for Americans’ data.
While the White House did not commit to accepting the recommended changes, administration officials on Monday praised the board’s work and again called on Congress to reauthorize the surveillance program. The board argues in its report that Section 702 is critical to U.S. national security and suggests that allowing the program to lapse would be an “intelligence failure” and a step backward from changes made after the Sept. 11 attacks.
The board says the FBI made “inappropriate use” at times of Section 702 information. Those include queries for a U.S. senator and state senator’s names without properly limiting the search, looking for someone believed to have been at the Capitol during the Jan. 6, 2021, insurrection and doing large queries of names of protesters following the 2020 death of George Floyd.
“Unfortunately, complacency, a lack of proper procedures, and the sheer volume of Section 702 activity led to FBI’s inappropriate use of Section 702 authorities, specifically U.S. person queries,” the board said in its report. “U.S. person queries” generally mean searches for U.S. citizens and businesses.
The board recommends the FBI no longer search the data when it is seeking evidence of a crime not related to national security. Currently, the FBI conducts fewer than two dozen such searches a year, a senior administration official told reporters Monday. The official spoke on condition of anonymity under ground rules set by the White House.
The White House has not decided whether it will accept the recommendation but is studying the board’s work and report, the official said.
The board’s report largely lines up with the White House’s positions on other changes being debated in Congress. The board opposed requiring the FBI to obtain a warrant before it searches Section 702 data, saying that change would be impractical. It also says the FBI needs to maintain access to foreign spy collection because unlike other intelligence agencies, it has law enforcement authorities inside the U.S. and can warn Americans that they are being targeted by foreign spies or criminals.
Already, both Republicans and Democrats have called for broader changes affecting the FBI, including a handful of lawmakers in both parties who want to require warrants for any search.
Sen. Jon Ossoff, D-Ga., sharply questioned Assistant Attorney General Matt Olsen in June about how it searches Section 702 data and signaled he would push for new protections.
“I don’t think you’ve effectively made the case that there shouldn’t be a warrant requirement, whether or not it is constitutionally required, for a U.S. person search that is crime only,” he said.
Many in the GOP, meanwhile, are furious about the FBI’s investigations of former President Donald Trump and mistakes found by the Justice Department inspector general and other reviewers.
In a statement, the FBI said the report highlighted “how crucial” foreign intelligence was to the bureau’s mission.
“We agree that Section 702 should be reauthorized in a manner that does not diminish its effectiveness, as well as reassures the public of its importance and our ability to adhere rigorously to all relevant rules,” the bureau’s statement said.
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| 2023-07-31T20:49:45
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BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023.
ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.40 trillion in assets under management as of June 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, Twitter, YouTube, and troweprice.com/newsroom.
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| 2023-07-31T20:49:46
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‘I’ll be able to walk again’: 6-year-old shot in road rage incident confident about her future
LOUISVILLE, Ky. (WAVE/Gray News) – A 6-year-old’s life may be changed forever after she was shot in the back during a road rage incident on July 10, but that’s not crushing the young girl’s spirit.
Onyx, 6, was in the car with her family when a road rage incident with a group of motorcyclists in Kentucky led to a shooting.
A bullet went through the girl’s back and she had to have emergency surgery.
Onyx has been recovering since and may never walk again. Being in a wheelchair is her new reality.
“I really liked going through the hallways to test it out,” Onyx said, talking about her wheelchair. “I wanted to do it again and then I did.”
The 6-year-old who just wants to dance and play is finding comfort in doing donuts in her wheelchair.
Onyx said she remembers leaving the park on July 10, getting in the car and the moment when she was shot.
“I remember getting carried into the hospital,” she recalled.
Those chain of events left Onyx’s mother, Chyna Sands, with the task of telling her daughter her new reality.
Sands said she told Onyx the bullet severed her back and she can’t use her legs like she used to – a conversation that is still setting in for the young girl.
She’s had to explain to Onyx that she must be in a wheelchair because she can’t walk.
But Onyx didn’t let this get her down too much. She said she is tired of people saying what she can’t do. To her, she has no doubt about what the future holds.
“I’ll be able to walk again, I know I will,” Onyx said with confidence. “I believe that I will be able to walk again.”
That mindset is what Sands says keeps her going.
As of right now, no one has been charged for the shooting which keeps Sands on edge.
“They want me to be patient, but I am out of patience,” Sands said. “I would like to see justice for an innocent 6-year-old who was minding her own business.”
While those responsible are out free, small things like getting into a car are now triggers of trauma.
“Because I got shot in the back, and I’m a little bit scared to get in the car because it brings back the memories,” Onyx said.
Hearing Onyx say that is a hard pill to swallow for a mother that loves to travel everywhere with her daughter.
“As her mom, I’m used to being her superhero,” Sands said. “I fix all of her problems and that’s something that I can’t fix.”
Copyright 2023 WAVE via Gray Media Group, Inc. All rights reserved.
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18-year-old from ‘Brainy Bunch’ family graduates with master’s degree
MONTGOMERY, Ala. (WSFA/Gray News) – At age 18, most people are just heading into their freshman year of undergraduate studies. But one 18-year-old from Alabama is graduating with her master’s degree.
Marianna Harding is graduating from Auburn University with a master’s degree in agriculture at the age of 18.
She also graduated from high school at age 11.
Harding comes from a Montgomery family known as “The Brainy Bunch” – she is one of 10 children, most of whom started college by the age of 12. One of the boys even graduated law school at 19.
All the children grew up homeschooled. Harding is the eighth child in the family.
She said there was always healthy competition between siblings.
“We all had different interest levels, and most of us different colleges,” she said.
In 2022, Harding earned her bachelor’s degree virtually from a university in Nebraska. Shortly after, she was off to Auburn’s campus to get her master’s degree.
“Although my focus was very much on studies, there was no lack of fun times,” she said.
While on campus, Harding was part of multiple clubs, a campus employee, and kept active in her church. She hopes that her story will encourage others to go after their goals no matter their age.
Now that she has graduated, Harding will begin working for the Lee County Extension where she’ll teach others about agriculture.
Parents Kip and Mona Lisa Harding made an appearance on NBC’s “Today Show” in 2014 to discuss their book, “The Brainy Bunch: The Harding Family’s Method to College Ready by Age Twelve.” They also have a YouTube channel.
“My kids are not any smarter than anybody else’s, they’re really motivated and they’re very hard working, but really feel like anyone can get these kinds of results,” Mona Lisa Harding said during a 2021 interview.
Copyright 2023 WSFA via Gray Media Group, Inc. All rights reserved.
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(The Hill) – President Biden is opening up about the crummiest advice he’s ever gotten, saying holding grudges “gets you nowhere.”
“I guess the worst advice I’ve ever received was holding a grudge — because lots of times when people do something that is really not good, it’s because they were fearful when they did it. Not fearful of you, but their circumstance,” Biden said in an interview on Jay Shetty’s “On Purpose” podcast released Monday.
“It gets you nowhere, which means people will doubt that I’m really Irish,” Biden quipped.
“But all kidding aside,” the 80-year-old president continued, “Remembering is important, but holding a grudge is not helpful.”
The best advice Biden said he’d been given was to “show up.”
“My mother used to say, ‘Joey, get up. Never bow, never bend. Just get up.’ But showing up, that’s a big part,” he said.
In the wide-ranging chat focused on grief and mental health, Biden also revealed he’s definitely not serving as the country’s TV viewer in chief.
Asked which TV show set in the world of politics and Washington is the most accurate and which is the least, he cracked, “’Mission Impossible.’”
“Look, one of the problems I have is I don’t — and I should — I don’t watch much television,” Biden said.
“And it’s not because I’m above it or anything like that,” he told Shetty during the pair’s conversation at the White House. Biden blamed decades of commuting between D.C. and Delaware as a senator for cutting into potential TV time.
“And so when I get home, there wasn’t much to watch,” Biden said, noting he’d focus his energy on spending time with his then-young children.
“So I’ve been back and forth so much I just haven’t watched many programs,” the 46th president said after describing his usual Amtrak train commute while in the Senate.
“There’s a lot of good stuff, I’m sure. I mean, every once in awhile I turn it on,” Biden said of current television fare.
Living at the executive mansion, which is equipped with a movie theater, has helped his viewing habits, according to Biden.
“I get this list what movies are in and we have the new one,” Biden said of “Oppenheimer,” adding that he’s yet to see the summer box office hit starring Cillian Murphy as the famed real-life Manhattan Project physicist.
“They’re the movies I see these days,” Biden said of the films screened at the White House. “I get to see them at night every once in awhile.”
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WASHINGTON (AP) — Former President Donald Trump ‘s mounting legal woes are growing more expensive, leading his campaign to request a refund from a supportive super PAC and launch a new legal defense fund to help cover costs.
His political action committee, Save America, is expected to disclose Monday that it spent more than $40 million on legal fees during the first half of the year for costs related to defending the former president, his aides and other allies, according to a person familiar with the filing who spoke on the condition of anonymity before the deadline. The number was first reported by The Washington Post.
At the same time, Trump’s allies are creating a new legal defense fund that will help pay the soaring legal fees as Trump faces dozens of criminal charges stemming from indictments in New York and Florida, with more expected as soon as this week. The Patriot Legal Defense Fund, as it is called, is intended to raise money to defray costs for those “defending against legal actions arising from an individual or group’s participation in the political process,” according to a filing made last month with the IRS. The group will be run by Trump campaign senior advisers Susie Wiles and Michael Glassner.
“The weaponized Department of Justice and the deranged Jack Smith have targeted innocent Americans associated with President Trump,” said Trump spokesman Steven Cheung. “In order to combat these heinous actions by Joe Biden’s cronies and to protect these innocent people from financial ruin and prevent their lives from being completely destroyed, a new legal defense fund will help pay for their legal fees.” The fund was first reported by The New York Times.
Smith is the special counsel leading the federal investigations of Trump. His team has expressed interest in the payment of legal fees for Trump-aligned witnesses in the investigations and has sought information about it, according to a person familiar with the matter who spoke on the condition of anonymity in order to discuss ongoing criminal probes.
Trump’s PAC has also requested that his super PAC, MAGA Inc., return some of the money that it transferred to seed the group to help cover costs. It is unclear whether money was actually transferred or how much.
A spokesman for the super PAC did not respond to a request for comment.
Trump launched his PAC, Save America, in the days after the 2020 election, which he lost to President Joe Biden. For weeks, the group bombarded supporters with a nonstop stream of text messages and emails that purported to raise money for an “election defense fund” that would be used to contest the election’s outcome.
But the $170 million that the effort raised in less than a month was not used to contest the election, records show. Instead, it was used to pay down campaign debt and replenish the coffers of the Republican National Committee, with Trump also stockpiling another large chunk for his future political endeavors. Last year, the Justice Department issued a round of grand jury subpoenas that sought information about the political action committee’s fundraising practices.
Since then, Save America has served as a different sort of “defense fund,” covering the legal expenses for Trump operatives, allies and employees who have been ensnared in the Justice Department’s ongoing investigation.
Some of Save America’s money has been used to boost other candidates, though it’s a pittance compared to how much Trump has spent on ballooning legal costs.
As the 2022 midterm elections approached, Trump pledged to back congressional candidates loyal to him. But of the roughly $65 million earmarked by Save America for political spending, less than a third — about $20 million — was used to back midterm candidates through campaign contributions or paid advertising.
“Forty million dollars — I’ve never seen anything like it,” said Paul S. Ryan, a longtime campaign finance attorney in Washington, referring to the sum the group spent on legal fees this year. “There’s no legal issue. It’s really just a question for his donors: Do they want to be funding lawyers?”
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Colvin reported from New York.
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SEATTLE, July 31, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury voyages and expedition travel, took delivery of its second expedition ship, Seabourn Pursuit, today during an official handover maritime ceremony at the T. Mariotti shipyard in Genoa, Italy. Seabourn Pursuit is the company's second purpose-built, ultra-luxury expedition ship and the newest expedition ship in the industry.
"I am honored to share this incredible moment with the entire Seabourn family as we welcome Seabourn Pursuit, our highly anticipated second ultra-luxury expedition ship, into our fleet," expressed Natalya Leahy, Seabourn President. "With remarkable craftsmanship by the Mariotti team, an abundance of space, and the breathtaking style of Tihany Design, Seabourn Pursuit raises the bar for ultra-luxury expedition travel. We are grateful to Mariotti and Tihany Design for their expertise in shaping and making our dream come true for our guests."
Leahy added that the state-of-the-art Seabourn Pursuit will provide the perfect combination of luxury and expedition. "Seabourn Pursuit offers the best of both worlds: our well-known signature luxury and elegance with the world of exploration and adventure. The ship is masterfully designed for our guests, who are extraordinary people looking for out of the ordinary experiences. Our guests will indulge in Seabourn's ultra-luxury style and enjoy our intuitive, personalized service, while the ship takes them to awe-inspiring destinations around the world that only few will ever visit in a lifetime."
"Today, one year after the delivery of Seabourn Venture, we are very happy to have completed and delivered her sister ship, Seabourn Pursuit," said Marco Ghiglione, Managing Director of T. Mariotti. "We are truly proud to have built the most outstanding ultra-luxury expedition ship for Seabourn, one of the leading cruise lines in the luxury market. This is another important masterpiece for Italian shipbuilding coming out of T. Mariotti shipyard, demonstrating again that our leadership in this sector is well consolidated. Thanks to Seabourn, all people involved in this journey, Lloyd's Register and the pencil of Adam Tihany, here is the new expedition jewel."
Seabourn Pursuit offers the same luxurious "yacht like" small ship experience that travelers have come to expect from Seabourn, enhanced by world-class equipment that allows the line to offer its widest range of expedition activities led by an expert 24-person expedition team of scientists, scholars, naturalists, and more. Seabourn Pursuit is designed and built for remote, diverse environments to PC6 Polar Class standards and will include a plethora of modern hardware and technology that will extend the ship's global deployment and capabilities. Seabourn Pursuit has close to 30,000 square feet of deck space and special touches at every turn. Those include indoor and outdoor guest areas with nearly 270-degree views, and a 4K GSS Cineflex Camera mounted on the mast of the Constellation Lounge capable of broadcasting imagery from miles ahead on monitors located throughout the ship and in guest suites.
In addition, Seabourn Pursuit, like the rest of the ships in the Seabourn fleet, offers an abundance of space and elegance, eight dining facilities serving gourmet cuisine, and luxurious all-suite accommodations, including a pair of two-level Wintergarden suites.
Seabourn Pursuit is scheduled to enter service August 12, 2023, and will sail five voyages in the Mediterranean before embarking on two voyages across the Atlantic and through the Caribbean. On October 10, 2023, the ship will arrive in Barbados to begin its expedition journeys, taking guests to remote corners of the globe. Seabourn Pursuit will head south for expeditions exploring coastal South America, the Amazon, and Antarctica into late March 2024.
Following its inaugural Antarctic season, the ship will head across the islands of the South Pacific and eventually to Australia, which will be the start of the line's first exploration of the Kimberley region in the Northern Territory and Western Australia between June and August 2024. The iconic Kimberley, with its red sandstone gorges, rivers, waterfalls, wildlife, and Aboriginal life and history, is the ideal setting for a truly, world-class expedition experience. In addition to the Kimberley, Seabourn Pursuit will visit Papua New Guinea, West Papua, Indonesia, and sail across the South Pacific between Chile and Melanesia between March and October 2024.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).
Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.
Notes to Editors:
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Purpose-built expedition ships, PC6 ice-strengthened hull, with advanced maneuvering technology for superior stability, safety, and comfort
- World-class Expedition Team, delivering immersive experiences
- All veranda, all ocean-front suites luxuriously appointed
- Handcrafted itineraries developed for the expedition traveler to the most coveted and familiar remote destinations in the world
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests' expectations
- Inclusive expedition experiences with Zodiacs, scuba diving and snorkeling
- Optional expedition experiences with kayaks and custom-built, 6-guest submarines giving the option to extend your expedition further for greater ocean exploration**
- Welcome toast and complimentary in-suite bar stocked with your preferences
- Hosted bridge policy* with Expedition team members providing firsthand access to the ship's command center and officers navigating your journey
- World-class dining venues are all complimentary, dine where, when and with whom you wish
- Tipping is neither required, nor expected
- Complimentary premium spirits and fine wines available on board at all times
- Meticulous and purposeful adventurers' resort at sea designed for the luxury traveler with unique attributes and spaces to enhance your experience
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program**
- Committed to environmental stewardship and sustainability
*At the Captain's discretion
** Optional programs, for additional charge
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CHARLOTTE, N.C., July 31, 2023 /PRNewswire/ -- Ten Oaks Group, a recognized family office and standout in the corporate carve out sector, proudly announces the addition of four exceptional professionals to its esteemed team of Operating Partners. The recent hiring of James Deng, Greg Warren, David Izquierdo, and Lauren Celano underscores Ten Oaks Group's commitment to bringing accomplished talent with diverse capabilities and amplifying its capacity for turnaround, legal, and international investment exceptionalism.
James Deng assumes the position of Operating Partner at Ten Oaks Group. Prior to joining, he was a Vice President at Audax Private Equity supporting value creation initiatives. James has also served as Director of Revenue Growth Management at Keurig Dr Pepper and a management consultant at Ernst & Young focused on Corporate and Growth Strategy.
Greg Warren brings a wealth of legal and restructuring knowledge as he joins as Assistant General Counsel and Operating Partner. Greg previously was a member of White & Case LLP's financial restructuring and insolvency practice, representing debtors and creditors both in and out of bankruptcy. Greg has experience in operational, corporate, and financial matters, as well as litigation and acquisitions.
David Izquierdo joins as an Operating Partner focused on Ten Oaks Group's European portfolio companies. Prior to Ten Oaks, David focused on designing and implementing strategic and transformation programs across a wide variety of industries in roles in corporate development at Selenis and management consulting at Monitor Deloitte and PwC.
Lastly, Lauren Celano joins the team as Associate Operating Partner, leveraging her vast experience from the healthcare and pharmaceutical industries, where she also led business development efforts. Additionally, she has experience at Alvarez & Marsal and other private equity and venture capital firms.
"At Ten Oaks Group, we believe that attracting top-notch talent is essential for leading value creation efforts for our portfolio," said Kendall Thurlow, head of value creation at Ten Oaks Group. "Lauren, James, David, and Greg embody the caliber of professionals we seek to bring on board, and we are excited to welcome them as valuable members of our team of Operating Partners."
Ten Oaks Group is committed to cultivating a dynamic and growth-oriented environment for its practitioners. With a commitment to fostering private equity careers, the company offers comprehensive opportunities for professional development and advancement.
To learn more about the background and expertise of the newly hired Operating Partners and explore potential career opportunities with Ten Oaks Group, visit www.tenoaksgroup.com.
About Ten Oaks Group:
Ten Oaks Group is a family office focused exclusively on investing in corporate divestitures. It brings speed, flexibility and certainty to divestitures of non-core businesses that no longer fit their parent company's corporate strategy. Following acquisition, Ten Oaks Group leverages its experienced team of Operating Partners to manage the transition and separation process and implement operational strategies that reveal and optimize the underlying potential of each business.
Each company within Ten Oaks Group operates independently under its own dedicated management team and receives management support services from Ten Oaks Management, LLC. Ten Oaks Group was founded by Matt Magan and Mike Hahn and has closed 25 carve-out transactions across 10 countries since inception.
To learn more about Ten Oaks Group's unique approach to corporate divestitures, please visit www.tenoaksgroup.com.
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https://www.kxii.com/prnewswire/2023/07/31/ten-oaks-group-expands-capabilities-with-strategic-hires/
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Jury poised to deliberate death penalty or life sentence for gunman in Pittsburgh synagogue massacre
PITTSBURGH (AP) — A jury is set to deliberate whether to impose the death penalty or a sentence of life in prison without parole on a man who spewed antisemitic hate before fatally shooting 11 worshippers at a synagogue in the heart of Pittsburgh’s Jewish community.
The same jurors who convicted 50-year-old Robert Bowers in June on 63 criminal counts listened to closing arguments Monday in the penalty phase of his federal trial, held nearly five years after the truck driver from suburban Baldwin perpetrated the deadliest attack on Jews in U.S. history.
Bowers defiled a place of worship when he entered the Tree of Life synagogue on Oct. 27, 2018, and opened fire with an AR-15 rifle, shooting everyone he could find in a mass murder clearly motivated by religious hatred, said U.S. Attorney Eric Olshan.
Bowers raved incessantly on social media about his hatred of Jewish people — using a slur for Jewish people some 400 times on a social media platform favored by the far right — and remains proud that he killed Jews, the prosecutor reminded jurors,
“Do not be numb to it. Remember what it means. This defendant targeted people solely because of the faith that they chose,” Olshan said.
He added: “This is a case that calls for the most severe punishment under the law: the death penalty.”
Bowers’ lead defense attorney, Judy Clarke, acknowledged the horror of his crimes but urged jurors to opt for a life sentence.
“What has happened cannot be undone. We can’t rewind the clock and make it that this senseless crime never happened. All we can do is make the right decision going forward. We are asking you to make the right decision, and that is life,” Clarke said in her closing argument.
A life sentence would mean that “prison is where Mr. Bowers will die in obscurity, not as a hero and not as a martyr,” she said.
Bowers’ attorneys have argued that he has schizophrenia, a serious brain disorder whose symptoms include delusions and hallucinations, and that Bowers attacked the synagogue out of a delusional belief that Jews were helping to bring about a genocide of white people by coming to the aid of refugees and immigrants. Clarke recounted Bowers’ history of psychiatric hospitalizations, including an extended stay in a residential juvenile mental health program.
The defense also presented evidence of Bowers’ difficult childhood.
Olshan disputed the defense experts’ diagnosis of schizophrenia, asserting that Bowers was not suffering psychosis but had chosen to believe white supremacist rhetoric. And while acknowledging that Bowers was a depressed, neglected child, Olshan downplayed the significance of it, noting that Bowers had held jobs, paid bills, and was an otherwise functioning adult.
“He was not a child, he was a grown man. He was responsible for his actions, not his family and things that happened decades earlier. He was, he is responsible for his actions,” Olshan said.
In order to impose death, jurors must find that aggravating circumstances, which make the crime especially heinous, outweigh mitigating factors that could be seen as diminishing his culpability. Those aggravating circumstances could include the vulnerability of Bowers’ elderly and disabled victims and his targeting of Jewish people.
Olshan played a composite of 911 calls made from inside the synagogue, including audio of people being shot and a survivor’s horrified screams.
He said Bowers had taken “11 people, 11 full lives, 11 people who loved their families, 11 people who loved their friends, 11 people who were loved. ... How do you measure the impact of all of that loss?”
The prosecutor spoke about 75-year-old Joyce Fienberg’s care for her family and 65-year-old Richard Gottfried’s devotion to his faith. He said Dr. Jerry Rabinowitz, 66, had the ethos of a country doctor: “He loved delivering babies but he never delivered judgment.” David Rosenthal, 54, and Cecil Rosenthal, 59, intellectually disabled brothers, “loved life,” Olshan said. “But maybe more than anything, they loved Tree of Life.”
The other deceased victims were Rose Mallinger, 97; Bernice Simon, 84, and her husband, Sylvan Simon, 86; Dan Stein, 71; Melvin Wax, 87; and Irving Younger, 69.
The attack also wounded seven people, including five responding police officers. Bowers was shot three times before surrendering when he ran out of ammunition.
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Rubinkam reported from northeastern Pennsylvania.
Copyright 2023 The Associated Press. All rights reserved.
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Biden has decided to keep Space Command in Colorado, rejecting move to Alabama, officials tell AP
WASHINGTON (AP) — President Joe Biden has decided to keep U.S. Space Command headquarters in Colorado, overturning a last-ditch decision by the Trump administration to move it to Alabama and ending months of politically fueled debate, according to senior U.S. officials.
The officials said Biden was convinced by the head of Space Command, Gen. James Dickinson, who argued that moving his headquarters now would jeopardize military readiness. Dickinson’s view, however, was in contrast to Air Force leadership, who studied the issue at length and determined that relocating to Huntsville, Alabama, was the right move.
The officials spoke on condition of anonymity to discuss the decision ahead of the announcement.
The president, they said, believes that keeping the command in Colorado Springs would avoid a disruption in readiness that the move would cause, particularly as the U.S. races to compete with China in space. And they said Biden firmly believes that maintaining stability will help the military be better able to respond in space over the next decade. Those factors, they said, outweighed what the president believed would be any minor benefits of moving to Alabama.
Biden’s decision is sure to enrage Alabama lawmakers and fuel accusations that abortion politics played a role in the choice. The location debate has become entangled in the ongoing battle between Alabama Republican Sen. Tommy Tuberville and the Defense Department over the move to provide travel for troops seeking reproductive health care. Tuberville opposed the policy is blocking hundreds of military promotions in protest.
The U.S. officials said the abortion issue had no effect at all on Biden’s decision. And they said the president fully expected there would be different views on the matter within the Defense Department.
Formally created in August 2019, the command was temporarily based in Colorado, and Air Force and Space Force leaders initially recommended it stay there. In the final days of his presidency Donald Trump decided it should be based in Huntsville.
The change triggered a number of reviews.
Proponents of keeping the command in Colorado have argued that moving it to Huntsville and creating a new headquarters would set back its progress at a time it needs to move quickly to be positioned to match China’s military space rise. And Colorado Springs is also home to the Air Force Academy, which now graduates Space Force guardians, and more than 24 military space missions, including three Space Force bases.
Officials also argued that any new headquarters in Alabama would not be completed until sometime after 2030, forcing a lengthy transition.
Huntsville, however, scored higher than Colorado Springs in a Government Accountability Office assessment of potential locations and has long been a home to some of earliest missiles used in the nation’s space programs, including the Saturn V rocket. It is home to the Army’s Space and Missile Defense Command.
According to officials, Air Force Secretary Frank Kendall, who ordered his own review of the matter, leaned toward Huntsville, while Dickinson was staunchly in favor of staying put. The officials said Defense Secretary Lloyd Austin presented both options to Biden.
The decision was good news for Colorado lawmakers.
“For two and a half years we’ve known any objective analysis of this basing decision would reach the same conclusion we did, that Peterson Space Force Base is the best home for Space Command,” Sen. John Hickenlooper, D-Colo., said in a statement. “Most importantly, this decision firmly rejects the idea that politics — instead of national security — should determine basing decisions central to our national security.”
Sen. Michael Bennet, D-Colo., said the decision “restores integrity to the Pentagon’s basing process and sends a strong message that national security and the readiness of our Armed Forces drive our military decisions.”
Copyright 2023 The Associated Press. All rights reserved.
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Florida Gov. Ron DeSantis (R) rolled out his economic policy plan at a campaign stop in New Hampshire on Monday, dubbing the plan “a declaration of economic independence.”
“We will declare our economic independence from the failed elites that have orchestrated American decline, from the reckless federal spending that has inflated prices and plunged this nation to the brink of bankruptcy,” DeSantis told a crowd in Rochester, N.H., at Prep Partners Group, which handles logistics, including warehousing and distribution for companies.
The plan particularly takes aim at China by putting an end to the country’s preferential trade status and banning import goods made by stolen intellectual property.
The 10-part economic plan includes getting to 3 percent growth, making America energy independent, reining in the Federal Reserve, pushing back on “wasteful federal spending” and reforming the education system for working-class Americans.
The Democratic National Committee was quick to attack DeSantis over the plan, dubbing it “extreme.”
“It remains a mystery why DeSantis would try to reboot his dumpster fire of a campaign by promising to bring his failures as governor nationwide, but by all means, we welcome Republicans to continue reminding the American people how catastrophic the MAGA agenda is for the economy,” said Ammar Moussa, a spokesperson for the DNC.
Last week DeSantis’s campaign declared a “reset” in a memo to donors, noting that the themes of its “Great American Comeback” message will be the economy, border, China and culture.
However, polling still shows DeSantis in second place behind former President Trump, with a new New York Times/Siena College survey showing the former president leading the Florida governor by 37 points.
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Let’s get building
Building sandcastles is the quintessential beach activity for kids of all ages and a cherished pastime for many adults. Kids run back and forth from the water to the beach, gathering their beach toys and dumping buckets of sand. It’s fun to watch the little ones attempt their masterpiece, but nothing’s better than them asking for help building the ultimate sandcastle.
Most adults have years of experience building sandcastles with a realistic tower and maybe even a moat. These skills honed from your own childhood and the right supplies are sure to impress the kids in your household today.
Shop this article: Hape Beach Essential Sand Toy Set, Matty’s Toy Stop 16.5″ Wooden Mini Sand Shovels and Top Race Collapsible Bucket.
Design your masterpiece
If you have a bit of a drive to get to the beach, start designing your sandcastle. Ask everyone about their favorite part of a castle and try to incorporate each element. Figure out if it will be a single structure or multiple buildings. Does everyone have their own job, or is everyone helping with all the components? Once you iron out the details, you can get started as soon as you arrive.
Find the perfect location
There’s nothing worse than a wave knocking down your nearly-finished sandcastle, so be sure to pick the perfect location. Find somewhere far enough away from the waves but close enough that you’re not transporting water too far. Also, keep the weather in mind. If it’s too hot and sunny, set up a beach tent or beach umbrella to avoid sunburns.
Create the foundation
The foundation, or base, of your sandcastle is the most crucial component since it supports the entire structure. To build a solid foundation, build up a mound of sand as tall as you want your castle. The key is to ensure your sand is saturated with water and that it’s tightly packed. So, add sand, dump water, pack it down and repeat until you reach your desired height.
Start from the top
Now it’s time to start carving out your basic structure with a plastic knife or putty knife. The key to this step is to start from the top since the sand will fall on everything below. A paintbrush makes a great tool if sand falls on a tight area. Also, carve away the sand in thin layers. You can always take away more sand, but it’s hard to add.
Add details
Once you have the main structure, start adding details such as stairs, a tower roof, windows or a brick pattern. During this final step, opt for smaller tools such as a tiny paintbrush or the thinnest putty knife.
Products you need to build next-level sandcastles
Hape Beach Essential Sand Toy Set
This set includes a smoother tool, a shaper tool and a digging paw. All pieces use high-quality plastic free of bisphenol A, polyvinyl chloride and phthalates. With an included mesh carrying bag, it’s a breeze to carry to the beach and clean up after a day of building.
Sold by Amazon
Matty’s Toy Stop 16.5″ Wooden Mini Sand Shovels
Sand is the most important part of a sandcastle, and these shovels help you gather more sand faster. It has four shovels in unique colors, so there’s no fighting over sharing. The 16.5-inch length is perfect for the beach, and the wooden handle is durable enough to handle big building jobs.
Sold by Amazon
Kids can’t haul huge buckets of water back and forth. These half-gallon pails are perfect for letting the little one enjoy the sandcastle building. They are collapsible and foldable into three unique sizes or to about 1 inch thick for storage. They’re also dishwasher-safe.
Sold by Amazon
Building sandcastles is about having fun and getting dirty, and this hand digger is the perfect way for kids to enjoy themselves. The deep scoop is great for digging deep holes or transporting water and is usable by kids as young as 1 year old. It’s made of child-safe materials and a nontoxic finish.
Sold by Amazon
If you’ve ever seen a professional sandcastle competition, you’ve probably noticed an array of supplies. This includes a paintbrush, which is a versatile and ideal tool for brushing off extra sand or adding a smooth finish to your castle. This set comes in five sizes to tackle any job.
Sold by Amazon
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Buttigieg touts progress in goal for half of new car sales to be electric vehicles
WASHINGTON (Gray DC) - Following an announcement of private investment plan for 30,000 new electric vehicle chargers across the United States, Transportation Secretary Pete Buttigieg said government investment has paved the way private companies to produce more electric cars.
“Federal investment to try and make up the difference where markets are still getting ready, and then the private sector, private industry, needs to do the rest,” Buttigieg said.
Leading global electric vehicle manufacturers, including Ford, General Motors and BMW have joined together to build 30,000 electric vehicle chargers across the country.
“When you fill up your gas car with gas you’re counting on private companies to set up for that,” Buttigieg said. “We really need private industry to play more of a roll in investing in and running these electric vehicle charging stations.”
The government has set aside $7.5 billion for states to create their own networks of EV chargers, but the Biden administration wants to guarantee things like price transparency, and guaranteeing a charger from one company works for another company’s vehicles.
“They are going to meet standards that we have set, and they’ll have to in order to qualify for federal support.”
Buttigieg said if the U.S. does not take the lead on electric vehicles, someone else will.
“There is a race, whether people realize it or not,” Buttigieg said. “Where in the middle of a heated race to win the future of electric vehicles.”
The federal money for EV charging networks comes from the Bipartisan Infrastructure Law passed in 2021.
Copyright 2023 Gray DC. All rights reserved.
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