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Chiefs to rely on new offensive tackles to protect Patrick Mahomes this season
The Kansas City Chiefs will rely on a pair of new offensive tackles to protect Patrick Mahomes this season
ST. JOSEPH, Mo. (AP) — The Kansas City Chiefs need look no further than last season’s playoffs, and the sight of Patrick Mahomes hobbling to the sideline against the Jacksonville Jaguars with a high ankle sprain, to understand the importance in protecting their quarterback.
Yet oddly enough, they were OK watching both of their starting offensive tackles leave in free agency.
The big blow was the departure of left tackle Orlando Brown Jr., for whom the Chiefs paid the Ravens handsomely in a trade, when the two sides failed to reach an agreement on a long-term deal.
But nearly as painful was the loss of right tackle Andrew Wylie, who had gone from an afterthought fighting for a job to one of the more reliable players along the offensive line.
Rarely do the Chiefs make such moves without a plan, though. General manager Brett Veach acted quickly to sign ex-Tampa Bay tackle Donovan Smith to handle the left side and former Jacksonville tackle Jawaan Taylor to handle the right, then Veach used a third-round pick on Oklahoma's Wanya Morris to create instant competition at both positions.
ALSO READ: ‘He was a huge fan’: Lifelong supporter in Mississippi buried in Chiefs-wrapped coffin
So far, Chiefs coach Andy Reid — an old offensive line coach — has liked what he's seen.
“You're never sure exactly what you're going to get there,” Reid said, “but they're competing and that's important. That's an important part of this, that you're able to push through these practices, run and pass. I like the way they work their game.”
The decision to put Mahomes' health in the hands of Smith and Taylor is a gamble, though. Neither of them graded out particularly well last season, depending on the metric you use, though both of them have shown flashes of high-level play in the past.
Smith, for example, ranked No. 66 among 81 offensive tackles by Pro Football Focus. Taylor was just one spot better.
But the Chiefs have established a track record of unlocking the potential in relatively unheralded players, particularly along the offensive line, where assistant coach Andy Heck is among the best in the business.
Wylie is a prime example: He was undrafted out of Eastern Michigan and wound up earning two Super Bowl rings in Kansas City before signing with Washington.
“All of us have played a lot of football and a lot of big games, tough games,” Taylor said. “We’re all smart mentally, physically. It’s just more so we’re tying in each and every individual aspect of who we are and how we play and tying it together and figuring out what works, what meshes. You know, just the many things we bring to the table per guy I would say is our strength.”
ALSO READ: Four Chiefs-related nominees named in latest release of Pro Football Hall of Fame Semifinalists
Another strength is having one of the best interior offensive lines in the NFL. Left guard Joe Thuney is considered one of the top five in the league at his position, right guard Trey Smith is likewise considered a top-tier guard, and center Creed Humphrey was picked for the Pro Bowl in just his second season in the league.
It also helps having Mahomes calling out the signals.
“Just a great leader man. He brings that energy every day, you know? He holds everybody accountable,” Donovan Smith said. "You mess up, we are going to redo it. Even in the walk-throughs and the learning periods, we always slow it down and we get to learn the offense. That’s been helping me a lot with the walk-throughs and learning the things they like doing here.”
The Chiefs were fortunate to overcome Mahomes' ankle injury in the playoffs. He returned in the second half to lead them past Jacksonville in the divisional round, and he hobbled through an AFC title game-thriller against Cincinnati, before hurting the ankle again in the Super Bowl — and then leading the Chiefs past Philadelphia for the Lombardi Trophy.
The pressure is on the Chiefs' new offensive tackles to prevent the same such stress this season.
NOTES: RB Clyde Edwards-Helaire returned to practice Monday after missing the previous two with an illness. ... TE Jody Fortson (shoulder), WR Kadarius Toney (knee) and DE Mike Danna (calf) were among those that remained out. P Tommy Townsend also spent time in the medical tent, though no reason was given by the Chiefs. ... DT Chris Jones continued his holdout. He has been fined $50,000 for each day missed, which brings the total to $550,000. ... The Chiefs had a short practice Monday after three consecutive workouts in pads. They are off Tuesday before resuming camp Wednesday.
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AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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| 2023-07-31T21:14:05
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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.pahomepage.com/news/national/ap-new-hampshire-nurse-reportedly-kidnapped-in-haiti-had-praised-country-for-its-resilience/
| 2023-07-31T21:14:06
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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| 2023-07-31T21:14:12
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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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| 2023-07-31T21:14:12
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High prices ‘disproportionately pinching’ younger Americans, data shows
30% of Gen Z, 28% of millennials have no emergency savings
(InvestigateTV) — More than seven in 10 younger Americans are saving less because of inflation when compared to Gen X and baby boomers, a recent Bankrate.com survey found.
Sarah Foster is a principal writer for Bankrate.com. She said this is a time for younger Americans to be very mindful of how much they are spending and to hyper analyze their budgets.
Foster said the ultimate goal for Gen Z and millennials should be to make sure they are living within their means. She added there are several advantages to being young right now, especially when it comes to retirement contributions.
“Really the best way to gain wealth and beat inflation in the long run is to make sure that you’re holding a diverse portfolio of assets, including stocks,” Foster explained. “And so, we know that even if someone were to stop investing for three years because of inflation and they’re in their mid-twenties, they’d leave almost $200,000 on the table by the time they were 70.”
Foster said don’t stop retirement contributions during inflation. The amount can be reduced, but consistent contributions is key.
She said another reason younger Americans are being hit hard is they are early in their careers and haven’t reached their peak earnings.
Foster advised them to put any raises or extra money in savings or retirement accounts.
Bankrate has 11 tips for young Americans trying to reach financial goals during high inflation, including:
- Look for high-yield savings accounts that offer much better returns that traditional accounts
- Automate savings to build an emergency fund
- Wait 24 hours before any unnecessary purchases
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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| 2023-07-31T21:14:18
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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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| 2023-07-31T21:14:19
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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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https://www.kait8.com/2023/07/31/ill-be-able-walk-again-6-year-old-shot-road-rage-incident-confident-about-her-future/
| 2023-07-31T21:14:24
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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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| 2023-07-31T21:14:25
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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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| 2023-07-31T21:14:31
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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.
The extent to which mental illness and Bowers’ difficult childhood played a role in the massacre dominated the lawyers’ arguments for and against capital punishment.
Speaking for the government, U.S. Attorney Eric Olshan said Bowers was clearly motivated by religious hatred 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.
The gunman raved incessantly on social media about his hatred of Jewish people — using a slur for Jewish people some 400 times on a 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 mercy and a life sentence.
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. On Monday, 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.
“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.
Olshan, the prosecutor, 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.
Clarke retorted that “childhood matters.”
“It defies reality to say he got better, he’s fine, he’s just an evil guy. What it does is reflects a complete misunderstanding of serious mental illness,” she 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.
Copyright 2023 The Associated Press. All rights reserved.
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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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| 2023-07-31T21:14:37
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
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Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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MIAMI (AP) — The property manager of Donald Trump’s Mar-a-Lago estate made his first court appearance on Monday on charges in the classified documents case against the former president but did not enter a plea because he has not found a Florida-based attorney to represent him.
Carlos De Oliveira is accused of scheming with Trump to try to delete security footage sought by investigators probing the former president’s hoarding of classified documents at his Palm Beach club. De Oliveira was added last week to the indictment with Trump and the ex-president’s valet, Walt Nauta, and faces charges including conspiracy to obstruct justice and lying to investigators.
De Oliveira, wearing a blue suit and tie, answered questions from a magistrate judge during a brief hearing in Miami federal court. He was ordered to turn over his passport and sign an agreement to pay $100,000 if he doesn’t return to court. He was represented by Washington, D.C.-based attorney John Irving, but under court rules he needs local counsel to proceed with his arraignment, which was scheduled for Aug. 10 in Fort Pierce.
Irving told reporters after the hearing that he looks forward to seeing what potential evidence the Justice Department has. He declined to comment about whether De Oliveira has been asked to testify against Trump.
De Oliveira’s court appearance comes as Trump braces for possible charges stemming from investigations into his efforts to cling to power after he lost the 2020 election to Joe Biden.
Trump, the early front-runner in the 2024 Republican presidential primary, has been informed he’s a target of special counsel Jack Smith’s investigation into efforts to overturn the 2020 election, and Trump’s lawyers met with Smith’s team last week. A Georgia prosecutor is also expected to seek a grand jury indictment in the coming weeks in her investigation into efforts by Trump and his allies to subvert his election loss there.
Trump, who pleaded not guilty in June, has denied any wrongdoing. He posted on his Truth Social platform last week that the Mar-a-Lago security tapes were voluntarily handed over to investigators and that he was told the tapes were not “deleted in any way, shape or form.”
Prosecutors have not alleged that security footage was actually deleted or kept from investigators.
Nauta has also pleaded not guilty. U.S. District Judge Aileen Cannon had previously scheduled the trial of Trump and Nauta to begin in May, and it’s unclear whether the addition of De Oliveira to the case may impact the case’s timeline.
The latest indictment, unsealed on Thursday, alleges that Trump tried to have security footage deleted after investigators visited in June 2022 to collect classified documents the former president took with him after he left the White House.
Trump was already facing dozens of felony counts — including willful retention of national defense information — stemming from allegations that he mishandled government secrets that as commander-in-chief he was entrusted to protect. Experts have said the new allegations bolster the special counsel’s case and deepen the former president’s legal jeopardy.
Video from Mar-a-Lago would ultimately become vital to the government’s case because, prosecutors said, it shows Nauta moving boxes in and out of a storage room — an act alleged to have been done at Trump’s direction and in effort to hide records not only only from investigators but also from Trump’s own lawyers.
Days after the Justice Department sent a subpoena for video footage at Mar-a-Lago to the Trump Organization in June 2022, prosecutors say, De Oliveira asked an information technology staffer how long the server retained footage and told the employee “the boss” wanted it deleted. When the employee said he didn’t believe he was able to do that, De Oliveira insisted the “boss” wanted it done, asking, “What are we going to do?”
Shortly after the FBI searched Mar-a-Lago and found classified records in the storage room and Trump’s office, prosecutors say, Nauta called a Trump employee and said words to the effect of “someone just wants to make sure Carlos is good.” The indictment says the employee responded that De Oliveira was loyal and wouldn’t do anything to affect his relationship with Trump. That day, the indictment alleges, Trump called De Oliveira directly to say that he would get De Oliveira an attorney.
Prosecutors allege that De Oliveira later lied in interviews with investigators, falsely claiming that he hadn’t even seen boxes moved into Mar-a-Lago after Trump left the White House.
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Richer reported from Boston. Associated Press journalist Daniel Kozin in Miami contributed.
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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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ATLANTA (AP) — A Georgia prosecutor is expected to seek a grand jury indictment in the coming weeks in her investigation into efforts by Donald Trump and his Republican allies to overturn the then-president’s 2020 election loss.
Fulton County District Attorney Fani Willis began investigating more than two years ago, shortly after a recording was released of a January 2021 phone call Trump made to Georgia’s secretary of state.
Willis has strongly hinted that any indictment would come between Monday and Aug. 18. One of two grand juries seated July 11 is expected to hear the case.
If Trump is indicted by a Georgia grand jury, it would add to a growing list of legal troubles as he campaigns for president. Trump is set to go to trial in New York in March to face state charges related to hush money payments made during the 2016 presidential campaign. And he has another trial scheduled for May on federal charges related to his handling of classified documents. He has pleaded not guilty in those cases.
The Justice Department is also investigating Trump’s role in trying to halt the certification of 2020 election results in the run-up to the Jan. 6, 2021, assault on the U.S. Capitol. Trump said he’s been told he’s a target of that investigation, which likely has some overlap with the one in Georgia.
An attempt by Trump to derail the Georgia case suffered a setback on Monday when a judge rejected his request to bar Willis from prosecuting him and to toss out the final report of an investigative special grand jury that had been seated to aid the investigation. A similar motion to be heard by a different judge is set for a hearing next week.
Details of the Georgia investigation that have become public have fed speculation that Willis, a Democrat, is building a case under the Georgia Racketeer Influenced and Corrupt Organizations Act, which would allow her to charge numerous people in a potentially wide-ranging scheme.
Here are six investigative threads Willis and her team have explored:
The Georgia investigation was prompted by the Jan. 2, 2021, phone call Trump made to Georgia Secretary of State Brad Raffensperger, a fellow Republican. Trump suggested the state’s top elections official could help “find” the votes needed to put him ahead of Democrat Joe Biden in the state.
“All I want to do is this: I just want to find 11,780 votes, which is one more than we have,” Trump is heard saying on a recording of the call, which was leaked to news outlets. “Because we won the state.”
Trump has insisted he did nothing wrong and has repeatedly said the call was “perfect.”
Trump also called other top state officials in his quest to overturn his 2020 election loss, including Gov. Brian Kemp, then-House Speaker David Ralston, Attorney General Chris Carr and the top investigator in the secretary of state’s office.
U.S. Sen. Lindsey Graham, a South Carolina Republican, also called Raffensperger shortly after the November election. Raffensperger said at the time that Graham asked whether he had the power to reject certain absentee ballots, which Raffensperger has said he interpreted as a suggestion to toss out legally cast votes.
Graham has denied wrongdoing, saying he just wanted to learn about the signature verification process.
Biden won Georgia by a margin of fewer than 12,000 votes. Just over a month after the election, on Dec. 14, 2020, a group 16 Georgia Democratic electors met in the Senate chamber at the state Capitol to cast the state’s Electoral College votes for him. They each marked paper ballots that were counted and confirmed by a voice roll call.
That day, in a committee meeting room at the Capitol, 16 prominent Georgia Republicans — a lawmaker, activists and party officials — met to sign a certificate falsely stating that Trump had won and declaring themselves the state’s “duly elected and qualified” electors. They sent that certificate to the National Archives and the U.S. Senate.
Georgia was one of seven battleground states that Trump lost where Republican fake electors signed and submitted similar certificates. Trump allies in the U.S. House and Senate used those certificates to argue for delaying or blocking the certification of the election during a joint session of Congress.
Prosecutors in Fulton County have said in court filings that they believe Trump associates worked with state Republicans to coordinate and execute the plan.
The multi-state effort was ultimately unsuccessful. Despite public pressure from Trump and his supporters, then-Vice President Mike Pence refused on Jan. 6, 2021, to introduce the unofficial pro-Trump electors. After the attack on the U.S. Capitol put a violent halt to the certification process, lawmakers certified Biden’s win in the early hours of Jan. 7, 2021.
At least eight of the fake electors have since reached immunity deals with Willis’ team. And a judge last summer barred Willis from prosecuting another one, Lt. Gov. Burt Jones, because of a conflict of interest.
Republican state lawmakers held several hearings at the Georgia Capitol in December 2020 to examine alleged problems with the November election. During those meetings, former New York mayor Rudy Giuliani and other Trump allies made unproven claims of widespread election fraud.
They alleged that election workers tallying absentee ballots at State Farm Arena in Atlanta had told outside observers to leave and then pulled out “suitcases” of unlawful ballots and began scanning them. The Trump allies played clips of surveillance video from the arena to support their allegations. State and federal officials investigated and said there was no evidence of election fraud at the site.
Some Trump allies also said thousands of people who were ineligible — including people convicted of felonies, people under the age of 18, people who had voted in another state — had cast votes in Georgia. The secretary of state’s office has debunked those claims.
Two of the election workers seen in the State Farm Arena surveillance video, Ruby Freeman and her daughter Wandrea “Shaye” Moss, said they faced relentless harassment online and in person as a result of the allegations made by Trump and his allies.
Giuliani last week conceded that statements he made about the two election workers were false.
In a bizarre episode detailed by prosecutors in court filings, a woman traveled from Chicago to Georgia and met with Freeman on Jan. 4, 2021. The woman initially said she wanted to help Freeman but then warned that Freeman could go to prison and tried to pressure her into falsely confessing to committing election fraud, prosecutors wrote in court filings last year.
Trump-allied lawyer Sidney Powell and others hired a computer forensics team to copy data and software on election equipment in Coffee County, some 200 miles (322 kilometers) southeast of Atlanta, according to invoices, emails, security video and deposition testimony produced in response to subpoenas in a long-running lawsuit.
The county Republican Party chair at the time — who also served as a fake elector — greeted them when they arrived at the local elections office on Jan. 7, 2021, and some county elections officials were also on hand during the daylong visit. The secretary of state’s office has said this amounted to “alleged unauthorized access” of election equipment and the Georgia Bureau of Investigation is looking into it at the secretary of state’s request.
Two other men who have been active in efforts to question the 2020 election results also visited Coffee County later that month and spent hours inside.
U.S. Attorney BJay Pak, the top federal prosecutor in Atlanta, abruptly resigned two days after Trump called Raffensperger and a day after a recording of that call was made public. During that conversation, Trump called Pak a “never-Trumper,” implying that he didn’t support the president.
In December 2020, then-U.S. Attorney General William Barr asked Pak to investigate allegations by Giuliani and other Trump allies of widespread election fraud. Pak, who had been appointed by Trump in 2017, reported back that he had found no evidence of such fraud.
In August 2021, Pak told the U.S. Senate Judiciary Committee, which was investigating Trump’s post-election actions, that he resigned on Jan. 4, 2021, after learning from Department of Justice officials that Trump did not believe enough was being done to investigate allegations of election fraud and wanted him gone as U.S. attorney.
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| 2023-07-31T21:14:56
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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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| 2023-07-31T21:15:02
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CAPE CANAVERAL, Fla. (AP) — NASA is listening for any peep from Voyager 2 after losing contact with the spacecraft billions of miles away.
Hurtling ever deeper into interstellar space, Voyager 2 has been out of touch ever since flight controllers accidentally sent a wrong command more than a week ago that tilted its antenna away from Earth. The spacecraft’s antenna shifted a mere 2%, but it was enough to cut communications.
Although it’s considered a long shot, NASA said Monday that its huge dish antenna in Canberra, Australia, is on the lookout for any stray signals from Voyager 2, currently more than 12 billion miles (19 billion kilometers) distant. It takes more than 18 hours for a signal to reach Earth from so far away.
In the coming week, the Canberra antenna — part of NASA’s Deep Space Network — also will bombard Voyager 2’s vicinity with the correct command, in hopes it hits its mark, according to NASA’s Jet Propulsion Laboratory, which manages the Voyager missions.
Otherwise, NASA will have to wait until October for an automatic spacecraft reset that should restore communication, according to officials.
Voyager 2 was launched in 1977 to explore the outer planets, just a couple weeks ahead of its identical twin, Voyager 1.
Still in touch with Earth, Voyager 1 is now nearly 15 billion miles (24 billion kilometers) away, making it humanity’s most distant spacecraft.
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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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| 2023-07-31T21:15:08
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SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
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https://www.pahomepage.com/news/technology/ap-san-francisco-prosecutors-to-lay-out-murder-case-against-consultant-in-death-of-cash-apps-bob-lee/
| 2023-07-31T21:15:14
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Pick, stomp, and sip at Messina Hof’s ‘Harvest Festival’
BRYAN, Texas (KBTX) - Messina Hof’s Annual Harvest Festival is all about friends, family, and Texas wine.
Choose a weekend in August and get to picking and stomping the very grapes that go into making Messina Hof’s award-winning Ports.
During Harvest Festival, Messina Hof offers a range of daytime and evening events, complete with their own unique attractions. The Harvests take place Aug. 4, 5, 11, 12, 19, 25, and 26.
At Daytime Harvests, you will receive a souvenir “Harvest Crew” t-shirt signed with your very own purple footprints and spend the day learning what goes into producing award-winning Texas wine from the winemaker and owners.
You can upgrade your Harvest experience with a build-your-own-brunch-box at our brunch buffet and mimosa bar by purchasing the Harvest Plus Pass. After picking and stomping, go on a behind-the-scenes tour and tasting experience.
You can purchase your Daytime Harvest Festival passes here.
A night among the vines awaits you during the Moonlit Harvests. Once you pick and stomp the grapes in your “Harvest Crew” t-shirt, you can enjoy a delicious Vineyard Cuisine buffet and great selections from the wine bar as you socialize and dine over the vineyard.
Purchase your passes for the Moonlit Harvest Festival here.
Copyright 2023 KBTX. All rights reserved.
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| 2023-07-31T21:15:18
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PA live! (WBRE) — Monday on PA live!, Chris and Rachel spoke with some talented cast members from Artists in Motion’s upcoming performance of Beauty and the Beast: Eliza Kline (“Belle”), Regan Hutchins (“Mrs. Potts”), TJ Fitzpatrick (“Beast”), and Sarah Malek (“Lumiere”).
The guests bring Beauty and the Beast’s titular number to life with a beautiful singing and dance performance.
They also talk about what it’s like bringing the iconic musical to the stage, and describe how they’re keeping the tale as old as time so fresh on its 30th anniversary.
They also explain what it’s like to bring these iconic characters to life for the stage.
Make sure to catch Beauty and the Beast at Blue Mountain High School on August 3rd, 4th, or 5th at 7:00 p.m. or August 6th at 2:00 p.m.
Visit ArtistsInMotionPA.com to purchase your tickets, or find @ArtistsInMotionPA on social media for more information.
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https://www.pahomepage.com/pa-live/artists-in-motion-bring-beauty-and-the-beast-to-life-on-stage-for-its-30th-anniversary/
| 2023-07-31T21:15:20
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https://www.pahomepage.com/pa-live/artists-in-motion-bring-beauty-and-the-beast-to-life-on-stage-for-its-30th-anniversary/
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The cast reveal for Big Brother 25 is finally here, and 16 new contestants will compete for the grand prize.
Here is what you need to know about the cast and host of “Big Brother” 2023.
Who is on the Big Brother 2023 cast?
There are 16 new contestants on the Big Brother 2023 cast. Here are the following contestants:
- America Lopez, Age: 27, Hometown: Edinburg, Texas, Current City: Brooklyn, N.Y., Occupation: Medical Receptionist
- Blue Kim, Age: 25, Hometown: Riverside, Calif., Current City: New York, N.Y., Occupation: Brand Strategist
- Bowie Jane Ball, Age: 45, Hometown: Melbourne, Australia, Current City: Los Angeles, Occupation: Barrister/DJ
- Cameron Harding, Age: 34, Hometown: Eastman, Ga., Occupation: Stay-at-Home Dad
- Cory Wurtenberger, Age: 21, Hometown: Weston, Fla., Occupation: College Student
- Felicia Cannon, Age: 63, Hometown: Tacoma, Wash., Current City: Kennesaw, Ga., Occupation: Real Estate Agent
- Hisam Goueli, Age: 45, Hometown: Minneapolis, Current City: Seattle, Occupation: Geriatric Physician
- Izzy Gleicher, Age: 32, Hometown: New York, N.Y., Occupation: Professional Flutist
- Jag Bains, Age: 25, Hometown: Omak, Wash., Occupation: Truck Company Owner
- Jared Fields, Age: 25, Hometown: Norwalk, Conn., Occupation: Exterminator
- Kirsten Elwin, Age: 25, Hometown: Orlando, Fla. via Dominica, Current City: Houston, Occupation: Molecular Biologist
- Luke Valentine, Age: 30, Hometown: Weston, Fla., Current City: Coral Springs, Fla., Occupation: Illustrator
- Matt Klotz, Age: 27, Hometown: Cameron Park, Calif., Current City: Baton Rouge, Louisiana, Occupation: Deaflympics Gold Medalist
- Mecole Hayes, Age: 30, Hometown: St Louis, Current City: Upper Marlboro, Md., Occupation: Political Consultant
- Red Utley, Age: 37, Hometown: Gatlinburg, Tenn., Occupation: Sales
- Reilly Smedley, Age: 24, Hometown: Portland, Maine, Current City: Nashville, Tenn., Occupation: Bartender
Who is hosting Big Brother 25?
Once again, Julie Chen Moonves will host the show. She has hosted every season of “Big Brother” since its debut in 2000.
How to watch Big Brother 25 online without cable?
If you are a cord-cutter or do not have CBS, you can watch it live on a streaming service, like Fubo TV. There is a free trial, live TV and a DVR function.
You can also stream the reality show live and on-demand on Paramount+, which includes a week-long free trial. Subscribers to Paramount+ also will get access to Big Brother’s 24-hour live feeds, where you can watch the houseguests when the show is not airing on TV. You can sign up here.
“Big Brother” 25 premieres Wednesday, August 2 at 8 p.m. on CBS.
Our journalism needs your support. Please subscribe today to NJ.com.
Katherine Rodriguez can be reached at krodriguez@njadvancemedia.com. Have a tip? Tell us at nj.com/tips.
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https://www.lehighvalleylive.com/tv/2023/07/big-brother-2023-cast-the-full-list-of-whos-on-season-25.html
| 2023-07-31T21:15:24
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Altra Federal Credit Union to start accepting nominations for ‘Best Life Community Awards’
ROCHESTER, Minn. (KTTC) – Altra Federal Credit Union will begin accepting member nominations for their Best Life Community Awards (BLCA) Tuesday.
Nominations will be accepted from August 1 - 15, 2023.
According to Altra, the initiative supports nonprofit organizations important to Altra members who have supported their nominee within the last twelve months with their time, talent, or treasure.
The nonprofit must be focused on one of six categories: Education (Pre-K through college), Cultural Enrichment, Health, Preserving or Restoring the Environment, Human Services and Strengthening Local Communities.
“We are proud to support the work of our members and nonprofits that are making a positive difference in our communities. By awarding these grants, we hope to empower them to continue their impactful work and inspire others.”
Popular vote will determine the winner for the $10,000 Community Choice Award.
Additional award amounts range from $2,500 - $7,500 and will be determined by a panel of judges.
Five Altra employees will also be rewarded based upon volunteerism and have a donation made to a nonprofit of their choosing.
More details can be found here.
Copyright 2023 KTTC. All rights reserved.
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| 2023-07-31T21:15:24
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Country
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People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe
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https://www.albanyherald.com/entertainment/concertgoer-files-police-report-after-cardi-b-s-las-vegas-show/article_acf09f69-1f80-55ad-9b51-c9c93405c16c.html
| 2023-07-31T21:15:24
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1st day in full pads doesn’t mean big time hitting for the Carolina Panthers
SPARTANBURG, S.C. (WBTV) - Now the real football begins… First full padded practice brings a smile to the faces of most football players.
“It’s a lot of fun,” said Panthers right tackle Taylor Moton.
But not all players are a fan of this day.
“Not excited as a linebacker, but it’s fun,” said Panthers cornerback Donte Jackson. “I ain’t out there looking to be out there clacking, but it felt great to be back in them.”
Jackson said that while smiling and laughing.
The good news for Donte and his fellow team mates on the outside, coaches aren’t really looking for them to do the big time hitting... at least not yet.
“We’re going to thud it off in the hole where it’s necessary like between the tackles, but out in space, we are going to be smart,” said Panthers head coach Frank Reich. “Really, we’re looking for the physical work when the O-Line and the D-Line are together in pods and one on one. And when we get into run team periods, up front, it is pretty physical.”
To coach’s point, no real big time collisions today at practice. The biggest hit came from safety Xavier Woods as he threw a shoulder into running back Chuba Hubbard during team drills.
The key right now is to preserve the players bodies because there is a long season ahead.
“To play at the best of my ability for 17 weeks, it’s because your body,” said Moton. “It’s marathon and not a sprint and they understand that.”
All in all, a pretty uneventful first day in pad. That’s what you want. No major injures… just coming out and getting the work done. Bottom line, so far, so good for the Carolina Panthers.
Copyright 2023 WBTV. All rights reserved.
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Devon Archer confirms Joe Biden 'lied' about knowledge of Hunter's business dealings, Comer says
'Joe Biden was 'the brand' that his son sold around the world to enrich the Biden family,' Comer says
FIRST ON FOX: House Oversight Committee Chairman James Comer said Devon Archer confirmed in his appearance Monday that President Biden "lied to the American people when he said he had no knowledge about his son’s business dealings and was not involved."
Comer’s comments come after Archer, a former business associate and longtime friend of Hunter Biden, sat for hours before the House Oversight Committee in a closed-door hearing Monday.
DEVON ARCHER: HUNTER BIDEN, BURISMA EXECS ‘CALLED DC’ TO GET UKRAINIAN PROSECUTOR FIRED
Archer said that Hunter put his father, then-Vice President Joe Biden, on speakerphone while meeting with business partners at least 20 times. Archer described how Joe Biden was put on the phone to sell "the brand."
"Joe Biden was ‘the brand’ that his son sold around the world to enrich the Biden family," Comer said. "When Joe Biden was Vice President of the United States, he joined Hunter Biden’s dinners with his foreign business associates in person or by speakerphone over 20 times."
"When Burisma’s owner was facing pressure from the Ukrainian prosecutor investigating the company for corruption, Archer testified that Burisma executives asked Hunter to ‘call D.C.’ after a Burisma board meeting in Dubai," Comer continued.
"Why did Joe Biden lie to the American people about his family’s business dealings and his involvement?" He asked. "It begs the question what else he is hiding from the American people."
Comer said the House Committee on Oversight and Accountability "will continue to follow the Bidens’ money trail and interview witnesses to determine whether foreign actors targeted the Bidens, President Biden is compromised and corrupt, and our national security is threatened."
Archer's attorney, Matthew L. Schwartz, the managing partner of Boies Schiller Flexner LLP, released a statement Monday following his client's testimony.
"We are aware that all sides are claiming victory following Mr. Archer’s voluntary interview today," Schwartz said. "But all Devon Archer did was exactly what we said he would: show up and answer the questions put to him honestly and completely."
Schwartz added: "Mr. Archer shared the truth with the Committee, and we will leave to them and others to decide what to do with it."
Comer detailed the "key takeaways" from Archer’s hours-long testimony Monday.
Archer, who served on the board of Ukrainian natural gas firm Burisma Holdings alongside Hunter beginning in 2014, told lawmakers that the value of adding Hunter to the board was to build the company’s "brand."
Archer, according to Comer, confirmed that then-Vice President Joe Biden was "the brand."
Archer also testified that "Burisma would have gone out of business if ‘the brand’ had not been attached to it."
Archer said he believed that Hunter Biden being on the board and the "Biden brand" contributed to Burisma’s longevity, according to Comer’s office, and suggested that people would have been "intimidated to mess with Burisma legally because of the Biden brand."
HUNTER DEMANDED $10M FROM CHINESE ENERGY FIRM BECAUSE 'BIDENS ARE THE BEST,' HAVE 'CONNECTIONS'
Meanwhile, Archer testified about an interaction in December 2015, involving Burisma CEO Mykola Zlochevsky and Vadym Pozharski—an executive at the firm.
Archer said Zlochevsky and Pozharski "placed constant pressure on Hunter Biden to get help from D.C." in getting Ukrainian prosecutor Viktor Shokin ousted. Shokin was investigating Burisma for corruption.
According to the source, Archer testified that on Dec. 4, 2015, Hunter Biden, Zlochevsky and Pozharski "called D.C." to discuss the matter. Archer testified that Biden, Zlochevsky, and Pozharski stepped away to take make the call.
It is unclear if Hunter and the Burisma executives spoke directly to Joe Biden on the matter.
At the time, though, Joe Biden was in charge of U.S.-Ukraine policy for the Obama administration.
A source said that Archer testified that just days later, on Dec. 9, 2015, Joe Biden traveled to Ukraine and made a speech. Biden, during the speech, said the government needed to fix the Ukrainian prosecutor's office.
The testimony comes after Fox News Digital first reported on an unclassified version of an FBI-generated FD-1023 form, which contained allegations that Joe Biden and Hunter Biden allegedly "coerced" Zlochevsky to pay them millions of dollars in exchange for their help in getting Shokin fired.
Biden has acknowledged that when he was vice president, he successfully pressured Ukraine to fire prosecutor Viktor Shokin. At the time, Shokin was investigating Burisma Holdings, and at the time, Hunter had a highly lucrative role on the board receiving thousands of dollars per month. The then-vice president threatened to withhold $1 billion of critical U.S. aid if Shokin was not fired.
Biden allies maintain the then-vice president pushed for Shokin's firing due to concerns the Ukrainian prosecutor went easy on corruption, and say that his firing, at the time, was the policy position of the U.S. and international community.
Comer said that the December 2015 phone call from Biden, Zlochevsky and Pozharski to D.C. "raises concerns that Hunter Biden was in violation of the Foreign Agents Registration Act."
Federal prosecutors during Hunter Biden’s court appearance last week, in which he pled not guilty to federal tax crimes and a felony gun charge, hinted that the Justice Department is investigating Hunter for potential violations of the Foreign Agents Registration Act.
Meanwhile, Comer said that Archer testified that Hunter Biden put then-Vice President Joe Biden on the speakerphone during business meetings over 20 times—despite the White House, and Biden himself, denying ever having been in business with Hunter or having ever been involved.
The phone calls and meetings, according to Archer, included a dinner in Paris with a French energy company and in China with Jonathan Li, the CEO of BHR Partners— a joint-venture between Rosemont Seneca and Chinese investment firm Bohai Capital. BHR Partners is a Beijing-backed private equity firm controlled by Bank of China Limited.
Archer also testified that then-Vice President Biden had coffee with Jonathan Li, the CEO of BHR, in Beijing. Then-Vice President Biden even wrote a letter of recommendation for college for Li’s daughter.
Fox News Digital first reported that Biden wrote the recommendation letter last year.
Other "key" takeaways, according to Comer, included that Archer confirmed Joe Biden was referred to as "my guy" by Hunter Biden.
Archer also testified that in the spring of 2014, then-Vice President Biden attended a business dinner with his son, Hunter, and his associates at Café Milano in Washington, D.C. Elena Baturina, a Russian oligarch who is the widow of the former mayor of Moscow, attended the dinner.
"Notably, the Biden Administration’s public sanctions list for Russian oligarchs does not contain Baturina," Comer’s office said.
The White House reacted to Archer's testimony Monday afternoon.
CLICK HERE TO GET THE FOX NEWS APP
"It appears that the House Republicans’ own much-hyped witness today testified that he never heard of President Biden discussing business with his son or his son’s associates, or doing anything wrong," White House spokesperson Ian Sams told Fox News Digital. "House Republicans keep promising bombshell evidence to support their ridiculous attacks against the President, but time after time, they keep failing to produce any."
"In fact, even their own witnesses appear to be debunking their allegations. Instead of continuing to waste time and resources on this evidence-free wild goose chase, House Republicans should drop these stunts and work with the President on the issues that actually impact Americans’ daily lives, like continuing to lower costs, create jobs, and strengthen health care," Sams said.
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https://www.foxnews.com/politics/devon-archer-confirms-joe-biden-lied-about-knowledge-hunters-business-dealings-comer-says
| 2023-07-31T21:15:24
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https://www.foxnews.com/politics/devon-archer-confirms-joe-biden-lied-about-knowledge-hunters-business-dealings-comer-says
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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https://www.ktre.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
| 2023-07-31T21:15:25
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https://www.ktre.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
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PA live! (WBRE) — Monday on PA live!, Chris and Rachel spoke with Shane Cawley and Liam Boylan from Bogeys for Burkey.
The guests talk about their successful inaugural golf tournament last September, and describe their name sake, Frank Burke.
The Bogeys for Burkey tournament raised $44,00 for Make-A-Wish!
The guests also talk about what to expect at this year’s Bogeys for Burkey Tournament. They explain how it differs from other golf tournaments, and list some what what we can expect on the big day, including live entertainment, prizes, basket raffles, a silent auction, and more.
They also explain how you can help the Frank Burke IV Foundation and Bogeys for Burkey.
For more information, or to register for the tournament, visit BogeysForBurkey.com or email BogeysForBurkey@gmail.com.
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https://www.pahomepage.com/pa-live/bogeys-for-burkey-scores-44000-fore-a-good-cause/
| 2023-07-31T21:15:26
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https://www.pahomepage.com/pa-live/bogeys-for-burkey-scores-44000-fore-a-good-cause/
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DeMarvion Overshown talks rookie Cowboys Camp, Arp upbringing
OXNARD, California (KLTV) - DeMarvion Overshown, Dallas Cowboys rookie, wears that star on the side of that helmet and is loving every minute of it.
“I sold it short. Just being around the guys in the locker room, you know being able to learn from the best every day,” Overshown said. “You know I definitely, I sold it short. It is everything, and more. Like I said, I wouldn’t want to be anywhere else. I’m excited and I know my teammates are excited. I am ready to go out there and perform now.”
Overshown recently donated school supplies for students in the ARP school district where he was educated as a child.
“Growing up I never had everything on the list to go to school. But I always knew if I was ever in position to help anybody, rich, or poor I was going to do that,” he said. “And it was a last-minute thing, but I knew I wanted to do something for home before I went back. You know that was the least I could do. But I am definitely looking forward to making that an every year thing.”
Even far from home with a brand new team, Overshown doesn’t feel out of place.
“I fit in perfect, fit in perfect. You know it’s only been two days out here, but I’m getting a lot of good positive feedback,” the player said.
“You know I stay true to myself, I stay true to what got me to this point, what got me through college. Because like I said, it wasn’t easy. I didn’t have the hardest road, but I didn’t have the easiest road getting here either. You know, those days it gets hard, you know I wake up with bumps and sores, but... I think about home. And I think about all those people that’s cheering me on.”
Overshown said he’s looking forward to seeing his friends and family in his hometown again, and he’s proud to know they’re watching his success.
Cowboys Camp will continue until their final open practice on Aug. 15.
Copyright 2023 KLTV. All rights reserved.
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https://www.ktre.com/2023/07/31/demarvion-overshown-talks-rookie-cowboys-camp-arp-upbringing/
| 2023-07-31T21:15:31
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https://www.ktre.com/2023/07/31/demarvion-overshown-talks-rookie-cowboys-camp-arp-upbringing/
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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https://www.wbtv.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
| 2023-07-31T21:15:32
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https://www.wbtv.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
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https://www.albanyherald.com/features/health/biden-administration-announces-launch-of-hhs-office-focused-on-long-covid-research/article_1a985e97-99a9-5bb3-a796-91cf9de761d0.html
| 2023-07-31T21:15:32
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https://www.albanyherald.com/features/health/biden-administration-announces-launch-of-hhs-office-focused-on-long-covid-research/article_1a985e97-99a9-5bb3-a796-91cf9de761d0.html
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United Way of Olmsted County still needs donations for school supply drive
ROCHESTER, Minn. (KTTC) – The United Way of Olmsted County’s Running Start for School program is in its final stretch and is still in need of donations to help area children with school supplies.
The program started more than 10 years ago, providing backpacks filled with schools supplies to thousands of students throughout Olmsted County.
“We work with almost 40 schools throughout the county and connect with them in the spring time to understand how many students and families they think with benefit from this program,” Vice President of Community Impact Grace Pesch said.
This year, the program is serving nearly 3,000 students, compared to last year’s 2,000. United Way said that even though the community has been generous with their help so far this summer, it’s still far from its goal.
“We are at 37% of our goal today and we have two weeks left so we would love our community members to help purchase 100% of those back packs to help us reach our goal to help students,” Pesch said.
People who would like to donate can go on the United Way of Olmsted County’s website and purchase items on a wish list.
“You can go on there and see all of the Pre-K, elementary middle and high school back packs that our students in Olmsted County need. You can add them to your own cart and purchase them,” Pesch said. “So, it’s similar to an Amazon wish list.”
The deadline to donate is Aug. 14. To donate, click here.
Copyright 2023 KTTC. All rights reserved.
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https://www.kttc.com/2023/07/31/united-way-olmsted-county-still-needs-donations-school-supply-drive/
| 2023-07-31T21:15:32
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PA live! (WBRE) — Monday on PA live!, Chris and Rachel celebrate the birthday of a very special boy who lived.
Rachel prepared a game for Chris called “Wiz-nerd or Dumb-bledore,” in which Chris has to guess if various magic words are officially sourced from the wizarding world, or just made-up jargon!
Chris and Rachel also welcome a special guest to the show, the PA live! wizard!
All of us at PA live! hope that the month of August is magical for all of you.
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https://www.pahomepage.com/pa-live/chris-and-rachel-have-a-magical-time-celebrating-a-famous-birthday-on-pa-live-%F0%9F%A7%99/
| 2023-07-31T21:15:32
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https://www.pahomepage.com/pa-live/chris-and-rachel-have-a-magical-time-celebrating-a-famous-birthday-on-pa-live-%F0%9F%A7%99/
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Devon Archer: Hunter Biden, Burisma execs ‘called DC’ to get Ukrainian prosecutor fired
Devon Archer testified for hours at the House Oversight Committee Monday
Devon Archer testified Monday that Hunter Biden and top executives of Burisma Holdings "called D.C." in 2015 to ask the Obama administration to help fire the Ukrainian prosecutor investigating the firm, a source familiar with his testimony told Fox News Digital.
Archer, a former business associate and longtime friend of Hunter Biden, testified for hours before the House Oversight Committee Monday.
Archer testified that Hunter put his father, then-Vice President Joe Biden, on speakerphone while meeting with business partners at least 20 times, and said Joe Biden was put on the phone to sell "the brand." Archer was on the board of the natural gas firm along with Hunter Biden.
He also testified about an interaction in December 2015, involving Burisma CEO Mykola Zlochevsky and Vadym Pozharski — an executive at the firm.
WITNESS SAYS JOE BIDEN TALKED TO HUNTER’S BUSINESS ASSOCIATES; GOP SEES SMOKING GUN, DEMS DOWNPLAY
Archer said Zlochevsky and Pozharski "placed constant pressure on Hunter Biden to get help from D.C." in getting Ukrainian prosecutor Viktor Shokin ousted. Shokin was investigating Burisma for corruption.
According to the source, Archer testified that in December 2015, Hunter Biden, Zlochevsky and Pozharski "called D.C." to discuss the matter. Archer testified that Biden, Zlochevsky and Pozharski stepped away to take make the call.
It is unclear if Hunter and the Burisma executives spoke directly to Joe Biden on the matter.
A source said that Archer testified that just days later, on Dec. 9, 2015, Joe Biden traveled to Ukraine and made a speech. Biden, during the speech, said the government needed to fix the Ukrainian prosecutor's office.
At the time, though, Joe Biden was in charge of U.S.-Ukraine policy for the Obama administration.
The testimony comes after Fox News Digital reported on an unclassified version of an FBI-generated FD-1023 form, which contained allegations that Joe Biden and Hunter Biden allegedly "coerced" Zlochevsky to pay them millions of dollars in exchange for their help in getting Shokin fired.
Biden has acknowledged that when he was vice president, he successfully pressured Ukraine to fire prosecutor Shokin. At the time, Shokin was investigating Burisma Holdings, and at the time, Hunter had a highly lucrative role on the board receiving thousands of dollars per month.
The then-vice president threatened to withhold $1 billion of critical U.S. aid if Shokin was not fired.
Biden allies maintain the then-vice president pushed for Shokin's firing due to concerns the Ukrainian prosecutor went easy on corruption, and say that his firing was the policy position of the U.S. and international community.
That form said Pozharski said the reason Hunter Biden was hired was "to protect us, through his dad, from all kinds of problems."
REPUBLICANS ERUPT OVER 2015 EMAIL EXPOSING 'ULTIMATE PURPOSE' OF HUNTER'S INVOLVEMENT WITH BURISMA
Fox News Digital has reported that on Nov. 2, 2015, Pozharskyi emailed Hunter Biden, emphasizing that the "ultimate purpose" of the agreement to have Hunter on the board was to shut down "any cases/pursuits against Nikolay in Ukraine," referring to Zlochevsky, who also went by Nikolay.
The White House has said President Biden was "never in business with his son."
Archer’s testimony comes as part of the House Oversight Committee's months-long investigation, which Republicans say has yielded evidence related to the Biden family's alleged foreign business schemes — including that the Biden family and its business associates created more than 20 companies and received more than $10 million from foreign nationals while Joe Biden served as vice president.
House Oversight and Accountability Committee Chairman James Comer, R-Ky., said that some of these payments could indicate attempts by the Biden family to "peddle influence," and said the family appeared to take steps to "conceal the source and total amount received from the foreign companies."
Meanwhile, the White House released a statement following Archer's testimony:
"It appears that the House Republicans’ own much-hyped witness today testified that he never heard of President Biden discussing business with his son or his son’s associates, or doing anything wrong," White House spokesperson Ian Sams told Fox News Digital. "House Republicans keep promising bombshell evidence to support their ridiculous attacks against the President, but time after time, they keep failing to produce any."
"In fact, even their own witnesses appear to be debunking their allegations. Instead of continuing to waste time and resources on this evidence-free wild goose chase, House Republicans should drop these stunts and work with the President on the issues that actually impact Americans’ daily lives, like continuing to lower costs, create jobs, and strengthen health care," Sams said.
CLICK HERE TO GET THE FOX NEWS APP
In February 2022, Archer was sentenced to a year and a day in prison for defrauding a Native American tribal entity and various investment advisory clients of tens of millions of dollars in connection with the issuance of bonds by the tribal entity and the subsequent sale of those bonds through "fraudulent and deceptive means," according to the Department of Justice.
The Justice Department, over the weekend, sought to set a date for Archer's sentence to begin.
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https://www.foxnews.com/politics/devon-archer-hunter-biden-burisma-execs-ukrainian-prosecutor-fired
| 2023-07-31T21:15:33
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https://www.foxnews.com/politics/devon-archer-hunter-biden-burisma-execs-ukrainian-prosecutor-fired
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High prices ‘disproportionately pinching’ younger Americans, data shows
30% of Gen Z, 28% of millennials have no emergency savings
(InvestigateTV) — More than seven in 10 younger Americans are saving less because of inflation when compared to Gen X and baby boomers, a recent Bankrate.com survey found.
Sarah Foster is a principal writer for Bankrate.com. She said this is a time for younger Americans to be very mindful of how much they are spending and to hyper analyze their budgets.
Foster said the ultimate goal for Gen Z and millennials should be to make sure they are living within their means. She added there are several advantages to being young right now, especially when it comes to retirement contributions.
“Really the best way to gain wealth and beat inflation in the long run is to make sure that you’re holding a diverse portfolio of assets, including stocks,” Foster explained. “And so, we know that even if someone were to stop investing for three years because of inflation and they’re in their mid-twenties, they’d leave almost $200,000 on the table by the time they were 70.”
Foster said don’t stop retirement contributions during inflation. The amount can be reduced, but consistent contributions is key.
She said another reason younger Americans are being hit hard is they are early in their careers and haven’t reached their peak earnings.
Foster advised them to put any raises or extra money in savings or retirement accounts.
Bankrate has 11 tips for young Americans trying to reach financial goals during high inflation, including:
- Look for high-yield savings accounts that offer much better returns that traditional accounts
- Automate savings to build an emergency fund
- Wait 24 hours before any unnecessary purchases
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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https://www.wbtv.com/2023/07/31/high-prices-disproportionately-pinching-younger-americans-data-shows/
| 2023-07-31T21:15:36
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https://www.wbtv.com/2023/07/31/high-prices-disproportionately-pinching-younger-americans-data-shows/
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Wisconsin judge drops GOP lawmaker's military voting records suit
State Rep. Janel Brandtjen should have brought case against local official, not statewide commission, judge ruled
A Wisconsin judge has dismissed a GOP state lawmaker's lawsuit over military voting records, saying Friday that the challenge should have been brought against a local elections official, not the statewide elections commission.
Rep. Janel Brandtjen, the former head of the Assembly elections committee who has promoted election conspiracy theories, and a local veterans group sued the Wisconsin Elections Commission in November in an attempt to stop military absentee ballots from being counted in the 2022 midterm.
DEMOCRATS SUE TO REINSTATE ABSENTEE DROP BOXES IN WISCONSIN
The lawsuit came in response to the actions of a top Milwaukee elections official who falsely requested military absentee ballots and sent them to Brandtjen's home. Kimberly Zapata, the former deputy director of the Milwaukee Election Commission, claimed she was trying to expose a vulnerability in the voting process. She now faces charges of election fraud and misconduct in office.
Waukesha County Circuit Judge Michael Maxwell refused to order military absentee ballots to be sequestered in November, issuing his decision just 14 hours before polls opened.
Local elections officials are required by state law to keep a list of eligible military voters in their jurisdictions. Brandtjen and the Concerned Veterans of Waukesha County wanted to obtain updated lists to see whether clerks were complying with the law. In his ruling Friday dismissing the lawsuit, Maxwell said it should have been filed against a municipal clerk, and not the elections commission, which is responsible for issuing guidance and providing support to local officials who actually run elections.
"The Court agrees with the assertion that WEC’s guidance ought to have more information for local election officials on how to utilize the military ballot list and perhaps how to audit the list and ballots to ensure that there are not fraudulent military ballots being cast, but the Court does not have the authority to require such additional guidance," Maxwell said in his ruling.
CLICK HERE TO GET THE FOX NEWS APP
Other efforts to address potential vulnerabilities in the military absentee voting process are ongoing. A bipartisan group of Wisconsin lawmakers in May proposed requiring service members to provide their Department of Defense identification number when requesting a military absentee ballot. Local clerks would then be required to verify the voter's identity using that information.
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https://www.foxnews.com/politics/wisconsin-judge-drops-gop-lawmakers-military-voting-records-suit
| 2023-07-31T21:15:36
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https://www.foxnews.com/politics/wisconsin-judge-drops-gop-lawmakers-military-voting-records-suit
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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https://www.ktre.com/2023/07/31/san-francisco-prosecutors-lay-out-murder-case-against-consultant-death-cash-apps-bob-lee/
| 2023-07-31T21:15:37
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https://www.ktre.com/2023/07/31/san-francisco-prosecutors-lay-out-murder-case-against-consultant-death-cash-apps-bob-lee/
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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https://www.wbtv.com/2023/07/31/san-francisco-prosecutors-lay-out-murder-case-against-consultant-death-cash-apps-bob-lee/
| 2023-07-31T21:15:37
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PA live! (WBRE) — Monday on PA live!, Chris spoke with Dr. Suchismita Paul, a board-certified dermatologist.
Dr. Paul talks about hair loss, an all-too-common condition that can slip between the cracks due to stigma.
Dr. Paul explains what causes hair loss, and states that it’s a common problem for women as well as men.
She also recommends some treatments and natural solutions to treat hair loss, as well as listing some ingredients you should look for in hair growth products.
She also describes a hair-care routine that optimizes growth, and shares some other hair-care hacks.
For more information, visit Viviscal.com, and make sure to use the discount code NHLAM30 for 30% off of products for the month of August.
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https://www.pahomepage.com/pa-live/sponsored-content/dermatologist-offers-hair-loss-help-on-pa-live/
| 2023-07-31T21:15:38
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https://www.pahomepage.com/pa-live/sponsored-content/dermatologist-offers-hair-loss-help-on-pa-live/
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
___
Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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https://www.ktre.com/2023/07/31/work-begins-largest-us-dam-removal-project-tribes-look-future-growth/
| 2023-07-31T21:15:43
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https://www.ktre.com/2023/07/31/work-begins-largest-us-dam-removal-project-tribes-look-future-growth/
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PA live! (WBRE) — Monday on PA live!, Chris spoke with Dr. Eric Barrett from REDjuvenation.
REDjuvenation is a full-service, one-stop MedSpa that offers a number of services designed to help you feel as good as you deserve to feel.
Dr. Barrett gives Chris a quick tour of his procedure room, and explains what injectables and fillers are. He explains the difference between Botox and Fillers, and talks about REDjuvenation’s new line, Daxxify.
Dr. Barrett also explains how he would treat Chris, walking him through a hypothetical procedure.
For more information, visit REDdjuvenation’s website or call 570-255-4728.
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https://www.pahomepage.com/pa-live/sponsored-content/redjuvenation-doctor-talks-new-product-daxxify-on-pa-live/
| 2023-07-31T21:15:44
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https://www.pahomepage.com/pa-live/sponsored-content/redjuvenation-doctor-talks-new-product-daxxify-on-pa-live/
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
___
Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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https://www.wbtv.com/2023/07/31/work-begins-largest-us-dam-removal-project-tribes-look-future-growth/
| 2023-07-31T21:15:45
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https://www.wbtv.com/2023/07/31/work-begins-largest-us-dam-removal-project-tribes-look-future-growth/
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Travis d'Arnaud Player Prop Bets: Braves vs. Angels - July 31
Published: Jul. 31, 2023 at 4:28 PM EDT|Updated: 45 minutes ago
Travis d'Arnaud -- .206 average over his past 10 games -- will be in action for the Atlanta Braves against the Los Angeles Angels, with Griffin Canning on the mound, on July 31 at 7:20 PM ET.
In his previous appearance, he went 1-for-3 with a double and an RBI against the Brewers.
Travis d'Arnaud Game Info & Props vs. the Angels
- Game Day: Monday, July 31, 2023
- Game Time: 7:20 PM ET
- Stadium: Truist Park
- Live Stream: Watch this game on Fubo!
- Angels Starter: Griffin Canning
- TV Channel: BSSO
- Hits Prop: Over/under 0.5 hits (Over odds: -208)
- Home Runs Prop: Over/under 0.5 home runs (Over odds: +450)
- RBI Prop: Over/under 0.5 RBI (Over odds: +170)
- Runs Prop: Over/under 0.5 runs (Over odds: +115)
Looking to place a prop bet on Travis d'Arnaud? Check out what's available at BetMGM and use bonus code "GNPLAY" when you sign up with this link!
Explore More About This Game
Travis d'Arnaud At The Plate
- d'Arnaud is hitting .265 with seven doubles, nine home runs and 14 walks.
- In 60.0% of his games this year (24 of 40), d'Arnaud has picked up at least one hit, and in nine of those games (22.5%) he recorded at least two.
- He has hit a home run in 20.0% of his games this season, and 5.5% of his chances at the plate.
- In 16 games this year (40.0%), d'Arnaud has picked up an RBI, and in six of those games (15.0%) he had more than one. He has also driven in three or more of his team's runs in two contests.
- He has scored in 40.0% of his games this season (16 of 40), with two or more runs three times (7.5%).
Ready to play FanDuel Daily Fantasy? Get in the game using our link.
Travis d'Arnaud Home/Away Batting Splits
Angels Pitching Rankings
- The pitching staff for the Angels has a collective 9.2 K/9, the seventh-best in MLB.
- The Angels' 4.40 team ERA ranks 19th among all league pitching staffs.
- The Angels rank 20th in baseball in home runs allowed (129 total, 1.2 per game).
- Canning (6-4) takes the mound for the Angels in his 17th start of the season. He has a 4.46 ERA in 84 2/3 innings pitched, with 91 strikeouts.
- In his most recent appearance on Tuesday, the righty threw five innings against the Detroit Tigers, allowing two earned runs while surrendering seven hits.
- The 27-year-old has amassed an ERA of 4.46, with 9.7 strikeouts per nine innings, in 16 games this season. Opponents have a .245 batting average against him.
© 2023 Data Skrive. All rights reserved.
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https://www.wbtv.com/sports/betting/2023/07/31/travis-d-arnaud-mlb-player-prop-bets/
| 2023-07-31T21:15:45
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https://www.wbtv.com/sports/betting/2023/07/31/travis-d-arnaud-mlb-player-prop-bets/
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Country
United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe
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https://www.albanyherald.com/news/business/amc-just-had-its-best-week-in-history-thanks-to-barbie-and-oppenheimer/article_2e20fc81-0f32-5f0a-a49d-1a8ac502fcaf.html
| 2023-07-31T21:15:45
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https://www.albanyherald.com/news/business/amc-just-had-its-best-week-in-history-thanks-to-barbie-and-oppenheimer/article_2e20fc81-0f32-5f0a-a49d-1a8ac502fcaf.html
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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https://www.wflx.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
| 2023-07-31T21:15:48
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https://www.wflx.com/2023/07/31/country-singer-craig-morgan-reenlists-military-while-grand-ole-opry-stage/
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ATLANTA, July 31, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) today released its second quarter 2023 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results are included below and in the attached supplement.
Second Quarter 2023 Consolidated Results1:
- Revenues were $530.4 million, a decrease of 13.1%
- Net earnings were $6.5 million, an increase of 222.0%; Non-GAAP net earnings2 were $12.2 million, a decrease of 50.6%
- Adjusted EBITDA2,3 was $42.4 million, a decrease of 17.0%
- Diluted EPS was $0.21; Non-GAAP diluted EPS2 was $0.39
- Write-offs were 5.4% in the Aaron's Business, an improvement of 30 basis points
- Reduced debt $36.1 million in the quarter and $124.3 million since the prior year quarter-end
- Updates 2023 full year outlook; lowers revenues, maintains adjusted EBITDA, and increases adjusted free cash flow
Second Quarter 2023 Key Items:
The Aaron's Company
- Earnings were ahead of internal expectations largely due to ongoing expense controls, despite lower revenues in both business segments
- Ended the quarter with cash and cash equivalents of $38.4 million and debt of $186.1 million, resulting in a net debt2 reduction of $30.2 million in the quarter primarily due to strong cash provided by operating activities
Aaron's Business
- Earnings before income taxes were $30.8 million; adjusted EBITDA was $49.5 million, which exceeded internal expectations and increased 3.0% as compared to the prior year quarter primarily due to lower total operating expenses and lower write-offs
- Personnel and other operating expenses benefited from cost optimization initiatives and ongoing investments in technology platforms and marketing analytics
- Ended the quarter with 230 GenNext stores, 101 hubs, and 101 showrooms
- GenNext stores accounted for approximately 29% of lease revenues & fees and retail sales
- E-commerce revenues increased 5.5% as compared to the prior year quarter and represented 17.9% of lease revenues
BrandsMart
- Earnings before income taxes were $1.1 million; adjusted EBITDA was $4.5 million, which exceeded internal expectations despite lower revenues due to continued pressure on customer demand
- Began construction on first new BrandsMart store planned to open in Augusta, GA in Q4 2023
The Company will host an earnings conference call tomorrow, August 1, 2023, at 8:30 a.m. ET. Chief Executive Officer Douglas A. Lindsay will host the call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall. A live audio webcast of the conference call and presentation slides may be accessed at investor.aarons.com and the hosting website at https://events.q4inc.com/attendee/457512107. A transcript of the webcast will also be available at investor.aarons.com.
About The Aaron's Company, Inc.
Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its approximately 1,260 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with ten retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.
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PA live! (WBRE) — Monday on PA live!, Rachel spoke with Barbara Majeski, a philanthropy advocate and supermom.
Barbara explains how Post-It Sticky Notes can help you out during this stressful time.
Barbara also lists some of her favorite ways to use Post-It Notes.
Barbara also describes her back-to-school shopping strategies.
Barbara also touches on the Post-It Brand’s back-to-school sweepstakes. For more information, visit Post-It.com/ThinkLoudSweeps.
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
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Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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New details in murder case against former Alabama prison sergeant
ELMORE COUNTY, Ala. (WAFF) - Troubling new details in the murder case against a former Alabama Department of Corrections employee.
As we reported last week, D’Marcus Sanders was arrested and charged with murder, along with two other inmates named Fredrick Gooden and Stefranio Hampton. They’re accused in the beating death of another inmate named Rubyn Murray.
Sanders was a sergeant at Elmore Correctional Facility. He resigned after his arrest. At the time, a news release from the Alabama Dept. of Corrections did not go into detail about Sergeant Sanders’ involvement.
Newly filed court documents provide new details. According to the deposition, Murray got into an altercation with another jailer in the early morning hours of Wednesday, July 26th. He was placed in a holding cell at the back gate. This new document claims that Sergeant Sanders “escorted two inmate co-defendants (Gooden and Hampton) to the back gate of the facility and unlocked the cell. The defendant (Sanders) allowed the two co-defendants into the cell, and the co-defendants attacked and beat the victim, causing serious injuries.” Murray was taken to a hospital in Montgomery but died from his injuries.
The deposition does not detail why this happened.
All three defendants in this case are being held in custody without bail.
Murray, 38, was serving a 20-year sentence for first-degree robbery out of Montgomery County. Gooden, 60, is serving a 30-year sentence for second-degree theft of property out of Jefferson County. Hampton, 35, is serving a life sentence for first degree robbery out of Montgomery County.
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Country singer Craig Morgan reenlists in military while on Grand Ole Opry stage
NASHVILLE, Tenn. (Gray News) – Country singer Craig Morgan reenlisted in the military Saturday night while on stage at the Grand Ole Opry in hopes of encouraging others to enlist.
According to a news release, Morgan was sworn into the U.S. Army Reserve on stage by U.S. Army Forces Command Gen. Andrew Poppas.
Sen. Marsha Blackburn joined them on stage.
After the ceremony, Morgan returned to the microphone to perform his song “Soldier.”
Morgan previously served in the Army for 17 years, with certifications including Airborne, Air Assault and Rappel Master.
“I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves,” Morgan said in a news release. “I love being an artist, but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army.”
Morgan plans to continue touring and releasing new music while serving in the Army Reserve.
The 59-year-old singer is known to frequently perform at military bases both in the U.S. and abroad. In 2006, Morgan was awarded the USO Merit Award for his support.
Morgan began his music career in 2000. He is best known for his No. 1 single “That’s What I Love About Sunday” from 2004.
He was inducted as a member of the Grand Ole Opry in 2008.
Copyright 2023 Gray Media Group, Inc. All rights reserved.
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PA live! (WBRE) — Monday on PA live!, Chris spoke about the Giving for Gia Foundation.
The foundation was formed in memory of Gia Miller, a young girl who passed away due to Anencephaly, a type of neural tube defect in which the baby develops without major parts of the brain and skull, which, sadly, lacks treatment options.
Gia’s family is honoring her memory by raising money for other kids with this condition by hosting a fundraiser at the Susquehanna Brewing Company on Saturday, August 26th at 1:00 p.m.
Swing by to enjoy food, beer, live music, basket raffles, and more to show your support for Gia.
100% of the proceeds will be donated to CHOP, the Center for Fetal Diagnosis and Treatment at the Children’s Hospital of Philadelphia.
Gia’s family hopes that more research can be conducted and effective treatment options will be developed so fewer children will be lost to Anencephaly.
Hope to see you at the Susquehanna Brewing Company at 1:00 p.m. on August 26th.
To donate directly to CHOP, visit CHOP.DonorDrive.com.
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THOUSAND OAKS, Calif., July 31, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its second quarter financial results on Thursday, August 3, 2023, after the close of the U.S. financial markets. The announcement will be followed by a conference call with the investment community at 1:30 p.m. PT. Participating in the call from Amgen will be Robert A. Bradway, chairman and chief executive officer, and other members of Amgen's senior management team.
Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2022, Amgen was named one of the "World's Best Employers" by Forbes and one of "America's 100 Most Sustainable Companies" by Barron's.
For more information, visit Amgen.com and follow us on Twitter, LinkedIn, Instagram, TikTok and YouTube.
CONTACT: Amgen, Thousand Oaks
Jessica Akopyan, 805-440-5721 (media)
Elissa Snook, 609-251-1407 (media)
Arvind Sood, 805-447-1060 (investors)
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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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Bre Richey writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
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San Francisco prosecutors lay out murder case against consultant in death of Cash App’s Bob Lee
SAN FRANCISCO (AP) — DNA from a bloody knife and video footage are crucial pieces of evidence against a tech consultant charged with murder in the stabbing death of Cash App founder Bob Lee, who was found bleeding on a deserted San Francisco street in April, prosecutors argued Monday.
The San Francisco prosecutor’s office began laying out its case against Nima Momeni, 38, at a preliminary hearing in which a judge will decide if there’s enough evidence to go to trial.
Prosecutors say Momeni planned the attack, drove Lee to a secluded spot and stabbed him three times after a dispute related to Momeni’s younger sister.
They have not spelled out a motive, but previously offered a timeline in a case that has drawn outsized media attention, partly due to Lee’s status in the tech world. Lee created Cash App, a mobile payment service, and was the chief product officer of the cryptocurrency MobileCoin.
Momeni, who has been in jail since his arrest April 13, has pleaded not guilty. He faces 26 years to life if convicted.
The arrest came more than a week after Lee, 43, was found in a deserted part of downtown San Francisco early April 4. He later died at a hospital.
On Monday morning, Assistant District Attorney Omid Talai introduced evidence, including photos of a knife that prosecutors say Momeni used to stab Lee, a trail of blood left by Lee as he staggered for help, and video footage showing the two men leave Momeni’s sister’s condo building before the stabbing.
Talai said at a May hearing that the weapon was part of a unique kitchen set belonging to his sister and that analysis showed Momeni’s DNA on the weapon’s handle and Lee’s DNA on the bloody blade. Police recovered a knife with a 4-inch (10-centimeter) blade at the scene.
Saam Zangeneh, one of Momeni’s lawyers, suggested to reporters Monday during a break that the investigation conducted by the San Francisco police was far from thorough.
He questioned why the rubber handle of the knife was tested for only DNA and not fingerprints. SFPD crime scene investigator Rosalyn Check said that it is difficult to get prints off rubber.
“When you want to see if someone’s touching something, you do fingerprint analysis, right?” he said. “And they weren’t done on the handle, which is the most important, relevant portion of who, if any, was handling that item.”
Zangeneh has yet to elaborate on the defendant’s version of events.
Momeni brought in Zangeneh and Bradford Cohen, both based in Florida. His first attorney, Paula Canny, withdrew in late May, citing a conflict of interest that she declined to disclose.
At prosecutors’ urging, Momeni has been held without bail. In arguing for release pending trial, Canny said that Momeni was not a flight risk and would not leave the two people he loves most, his sister and mother. She said Momeni needs to fight the charges or face deportation to Iran, a country that his mother fled when the children were younger to escape a violent husband.
An unnamed friend of Lee told homicide investigators they had been hanging out and drinking with Momeni’s sister the day before the stabbing, prosecutors said in their motion to deny bail.
The friend said Momeni later questioned Lee about whether his sister was doing drugs or otherwise engaging in inappropriate behavior and Lee said she had not.
Surveillance video showed Lee later entering the posh Millennium Tower downtown, where Momeni’s sister Khazar lives with her husband, prominent San Francisco plastic surgeon Dino Elyassnia. Video footage then showed Lee and Momeni leaving the building together shortly after 2 a.m. and driving off in Momeni’s car.
Lee was found shortly after 2:30 a.m. in the Rincon Hill neighborhood, which has tech offices and condominiums but little activity in the early morning hours.
Copyright 2023 The Associated Press. All rights reserved.
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RYE BROOK, N.Y., July 31, 2023 /PRNewswire/ -- Belle Haven Investments is proud to be Certified™ by Great Place To Work® for the second year in a row. The prestigious award is based entirely on what current employees say about their experience working at Belle Haven Investments. This year, 93% of employees said it's a great place To Work – 36 points higher than the average U.S. company.
Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
"Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. "By successfully earning this recognition, it is evident that Belle Haven Investments stands out as one of the top companies to work for, providing a great workplace environment for its employees."
Matt Dalton, CEO & CIO, expressed his excitement emphasizing "We owe the Firm's continued success to our dedicated and awesome employees. We celebrate and thank them for all they do to earn this incredible recognition."
About Belle Haven Investments
Belle Haven Investments is an independent, employee-owned asset manager that focuses exclusively on fixed income. They prioritize service, reliability, and customization, nurturing long-term partnerships with their clients. Their core values - trust and communication - permeate both external client relationships and internal team dynamics. The autonomy given to employees fosters trust, driving them to deliver their best work daily. To learn more, visit: https://www.bellehaven.com/
About Great Place to Work Certification™
Great Place To Work® Certification™ is the most definitive "employer-of-choice" recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified.
Contact:
Nicole Robbins
robbinsn@bellehaven.com
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As work begins on the largest US dam removal project, tribes look to a future of growth
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
Along the Klamath, the dam removals won’t be a major hit to the power supply; they produced less than 2% of power company PacifiCorp’s energy generation when they were running at full capacity -- enough to power about 70,000 homes. Though the hydroelectric power produced by dams is considered a clean, renewable source of energy, many larger dams in the U.S. West have become a target for environmental groups and tribes because of the harm they cause to fish and river ecosystems.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project.
PacifiCorp built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“Unfortunately it’s a mistake you can’t turn back from,” association President Richard Marshall said.
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
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Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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Hiking sunglasses
If you’re gearing up for some hiking this season, one thing you may not have considered is your sunglasses. As a vital and delicate part of your body, your eyes should be protected when out in the elements. Eyewear can make all the difference, and finding the right pair of sunglasses depends on the type of hiking you do and where you plan to do it.
Rough terrain, harsh climates, and glare from intense sun rays can significantly impact your vision. Plus, sunglasses should fit like a glove to avoid sliding down your nose — that’s never fun! Above all, comfort and reliability are essential.
Shop this article: Oakley Men’s FLAK 2.0 XL Sunglasses, Maui Jim Women’s Starfish Cat-Eye Sunglasses and Julbo Explorer 2.0 Mountaineering Glacier Sunglasses
Hiking sunglasses considerations
To find your hiking sunglasses match, ask yourself about the kind of hiking you’ll most likely be doing and what you value most. Are you a long-distance day hiker? A trail runner? Will you be dealing with snow? Are style and budget priorities?
With this in mind, consider the following factors that go into finding your next best pair of sunglasses for hiking. In no particular order, here’s a checklist of things to consider before making a purchase.
Hiking sunglasses weight
If you’re going on full-day hikes, you might notice a heavy pair of glasses on your face after a while. Choosing something lightweight but durable is key.
Hiking sunglasses comfort
For the same reason as the weight factor, you’ll want frames that are comfortable and fit your face right when you’re wearing them all day long. Behind your ears and on the bridge of your nose are vital spots to pay attention to.
Frame quality and construction
You need a robust and durable frame that can withstand wear and tear when you’re out in the wilderness. Look for metal frames or those made of newer materials like strong plastics and nylon alloys.
Lens quality and material
As with frames, your sunglasses’ lens quality is super important. Make sure your lenses are anti-scratch. Lenses come in all sorts of materials that offer different degrees of resistance to scratches and other impacts.
Polarized lenses
To avoid protection from direct sun rays and the glare from their reflection on snow or water, you’ll want to look for lenses that are polarized.
Hiking sunglasses UV protection
It’s pretty common knowledge that the sun’s UV rays are harmful and make it difficult to see what’s in front of you. If you’re hiking for more than a couple of hours, you’ll need UV protection on your eyes.
Hiking sunglasses price
Everyone has a budget. But, a cheap pair of fashion glasses won’t get you far on the trails, and you might be missing certain features before too long. You’re better off investing in a high-quality pair that will last for the long haul.
Hiking sunglasses brands
If you buy from a reputable, well-established and reliable brand of sunglasses, you’re sure to get a higher quality product. Ask around, read reviews and think about your own experience with a brand before pulling the trigger.
Hiking sunglasses styles
Some of us let style dictate our apparel purchases, and nothing says we must sacrifice function for it. Hiking sunglasses come in plenty of styles to choose from, so you won’t need to worry about compromising your taste.
Value adds
Some hiking sunglasses come with extra components that redirect sweat away from your eyes or guard your eyes against small bits of dirt and dust that you often find on trails.
Now that you know what features are important to you in hiking sunglasses, it’s time to shop! Here are our top picks for the best pairs, wherever your outdoor adventures take you.
Best sunglasses for hiking
Oakley Men’s FLAK 2.0 XL Sunglasses
You’ll see more clearly and sharply with these Oakley shades, featuring High Definition Optics that eliminates distortion. Comfortable, lightweight and durable, the lenses are optically aligned for the best fit and experience.
Sold by Amazon
Maui Jim Peahi Wrap Sunglasses
This scratch-resistant polarized Maui Jim sunglasses come with a UV protection coating. The neutral grey lenses enhance colors and are glare-free and light-reducing – perfect in direct and bright sunlight.
Sold by Amazon
Julbo Explorer 2.0 Mountaineering Glacier Sunglasses
These wide-coverage sunglasses from Julbo are perfect for the outdoors. Ergonomic, comfortable, ventilated, slim and stylish, they come with removable shields for sunlight protection, 360-degree adjustable temples and high-protection lenses — all designed for extreme conditions on or off the mountain.
Sold by Amazon
Oakley Gascan OO9014 Sunglasses For Men
These non-polarized, mirror-coated lenses are best for easier trails at lower elevations in mild conditions. They bring colors to life, so you can fully enjoy the world around you. The included accessory leash and cleaning kits are nice touches.
Sold by Amazon
Maui Jim Women’s Starfish Cat-Eye Sunglasses
Maui Jim’s Starfish polarized sunglasses stylishly and comfortably protect you from glare and UV rays while enhancing the colors and vibrancy of the great outdoors. Lightweight yet durable, these sunglasses come with skinny, neutral grey and scratch-resistant glass lenses that reduce light.
Sold by Amazon
Ray-Ban Outdoorsman Craft Aviator Sunglasses
If you’re a fan of the old-school aviator sunglass style, you’ll love this hiking version from Ray-Ban. Made with a metal frame and polarized crystal lenses that are prescription-ready, these shades offer UV protection and come with a case.
Sold by Amazon
Costa Del Mar Men’s Blackfin Sunglasses
If you’re looking for quality, durable sunglasses for hiking, this comfortable and lightweight pair from Costa has you covered. Their blue-mirrored polarized, scratch-resistant polycarbonate lenses are ideal for bright sunlight and reflection off the water. They’re UV-protected, too.
Sold by Amazon
Maui Jim Haleakala Wrap Sunglasses
Bring your hiking experience up a notch with the stylish Haleakala polarized sunglasses from Maui Jim. The glare-free lenses come with a UV protection coating and enhance the colors around you. Durable, lightweight and resistant to shatters and scratches, these comfortable shades are perfect for the trail.
Sold by Amazon
Oakley Men’s Twoface Sunglasses
Offering total UV protection, these light and comfy Oakley shades are made with a stress-resistant frame that lasts and resists deforming or shifting over time. The three-point lens fit means lenses are aligned in place. It comes with a handy micro bag for cleaning and storing.
Sold by Amazon
Native Eyewear Catamount Sunglasses
Native’s Catamount shades are perfect for the trails, with their polarized polycarbonate brown lenses that impeccably contrast detail. Your eyes will stay protected from harsh UV rays and glare from the sun. These glasses are super lightweight and shatter and scratch-resistant, too.
Sold by Amazon
Oakley Women’s Lowkey Round Sunglasses
These cute, round frames for women offer complete UV protection. Their lightweight, polarized plutonite lenses give maximum contrast, comfort and impact protection. You can choose from numerous frame and lens colors to stand out on the trails!
Sold by Amazon
Costa Del Mar Men’s Rincon Rectangular Sunglasses
If you’re a hiker with a simple and elegant style, this pair’s for you. The Rincon glasses feature comfort, clear optics and durability in their thin six-layer, scratch-resistant polarized lenses.
Sold by Amazon
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- VOXZOGO® Growth Continued in the Second Quarter Driven by Global Demand Resulting in Increased Full Year 2023 Guidance
- Pivotal Program with VOXZOGO in New, Potential Second Indication, Hypochondroplasia, to Begin in the Fourth Quarter of 2023
- U.S. Approval of ROCTAVIAN™ Received in the Second Quarter and Commercial Launch Underway; Commercial Launch in Europe Making Progress
SAN RAFAEL, Calif., July 31, 2023 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced financial results for the six months and second quarter ended June 30, 2023.
"Outstanding execution across our business led to record revenues in the first half of 2023. We reached more children with VOXZOGO around the world, as physicians and families sought treatment with the only approved medicine targeting the genetic cause of achondroplasia," said Jean-Jacques Bienaimé, Chairman and Chief Executive Officer of BioMarin. "We were also very pleased to have received the highly anticipated U.S. approval of ROCTAVIAN, the only gene therapy treatment for severe hemophilia A. U.S. commercial launch activities are well underway following the June 29 approval, in parallel with launch progress across a number of European countries."
Mr. Bienaimé added, "for the remainder of 2023, we plan to build on the foundation of growth and profitability achieved in the first half of the year, expand VOXZOGO globally and treat the first ROCTAVIAN patients in the U.S. and Europe."
Financial Highlights:
- Total Revenues for the second quarter of 2023 were $595.3 million, an increase of 12% compared to the same period in 2022. The increase in Total Revenues was primarily attributed to the following:
- GAAP and Non-GAAP Net Income increased by $28.3 million and $28.4 million, respectively, for the second quarter of 2023 compared to the same period in 2022. The increased net income was primarily due to higher gross profit and interest income, partially offset by higher spend in research and development programs to support both early-stage research and clinical activities, as well as higher selling, general and administrative expenses due to higher foreign currency losses and to support the commercial launches of VOXZOGO and ROCTAVIAN.
Recent Product Approvals and Launches (ROCTAVIAN and VOXZOGO)
- On June 29, 2023 the FDA approved ROCTAVIAN gene therapy for the treatment of adults with severe hemophilia A (congenital factor VIII (FVIII) deficiency with FVIII activity < 1 IU/dL) without antibodies to adeno-associated virus serotype 5 (AAV5) detected by an FDA-approved test. The FDA approval is based on data from the global Phase 3 GENEr8-1 study, the largest Phase 3 trial of any gene therapy in hemophilia. The one-time, single-dose infusion is the first approved gene therapy for severe hemophilia A in the U.S. ROCTAVIAN was first conditionally approved by the European Commission in August 2022.
Following FDA approval, the Company activated its U.S.-based salesforce and communicated that ROCTAVIAN is expected to be available for commercial use in August. BioMarin estimates that there are approximately 2,500 people living with severe hemophilia A in the United States who are eligible for treatment and receiving care at approximately 140 hemophilia treatment centers. - In Europe, BioMarin continues to make progress on the pricing and reimbursement process for ROCTAVIAN in Germany, France and Italy to facilitate access. BioMarin is working directly with the German National Association of Statuary Health Insurance Funds (GKV) to finalize access to ROCTAVIAN. At present, people in Germany with severe hemophilia A, who are eligible for treatment with ROCTAVIAN, can access treatment through either Named Patient authorizations or previously secured Outcomes Based Agreements. In France and Italy, BioMarin is working directly with the single public insurance funds in each country to secure reimbursement and access to ROCTAVIAN, expected later in 2023.
- As of the end of June 2023, more than 2,000 children with achondroplasia were being treated with VOXZOGO across 36 active markets. In the second quarter, patient growth remained strong worldwide. Based on these trends, today BioMarin updated full-year 2023 VOXZOGO guidance to between $400 million and $440 million. VOXZOGO is currently approved for the treatment of children 2 years old and older in Europe, for children 5 years old and older in the U.S., and approved for all ages from birth in Japan.
VOXZOGO and ROCTAVIAN Market Expansion Opportunities
- Today, BioMarin announced its plan to begin enrollment in the pivotal program with VOXZOGO for the treatment of children with hypochondroplasia, a condition characterized by impaired bone growth. Hypochondroplasia is a genetic statural condition caused by a mutation (gene change) in the fibroblast growth factor receptor-3 (FGFR3) gene.
Leveraging years of safety data from the VOXZOGO development program in achondroplasia, emerging data from an investigator-led Phase 2 study and following receipt of feedback from FDA, BioMarin plans to begin the 6-month observation arm of the study later this year, followed by the 52-week randomized, double-blind, placebo-controlled phase of the 80-participant clinical trial. If successful, BioMarin believes this study will be able to support regulatory approval in this large indication. - In the coming months in the U.S. and Europe, the Company expects to learn the outcome of its request to expand VOXZOGO access to younger age groups, based on favorable results from a Phase 2 study in infants and young children and the importance of starting treatment as early as feasible. Age expansions would provide access to treatment with VOXZOGO to more than 1,000 additional children in the U.S. and Europe.
- Additional product expansion opportunities with ROCTAVIAN continue, including a clinical study investigating ROCTAVIAN treatment in those with active or prior inhibitors and continued exploration of methods of administering ROCTAVIAN in people with pre-existing antibodies against AAV5.
Earlier-stage Development Portfolio (BMN 255, BMN 331, BMN 351, BMN 349, BMN 293)
- BioMarin plans to showcase its Research and Development capabilities and earlier-stage product candidate updates at its R&D Day on September 12, 2023. Details on accessing the live event will be available on BioMarin's website in early September.
- BMN 255 for hyperoxaluria in chronic liver disease: The Company has concluded the multi-ascending dose study with BMN 255 in healthy human volunteers. Based on early data demonstrating a rapid and potent increase in plasma glycolate following treatment with BMN 255, BioMarin plans to open enrollment in an expanded study in patients with chronic liver disease and hyperoxaluria in the second half of 2023. The Company believes the availability of a potent, orally bioavailable, small molecule like BMN 255 may be able to significantly reduce disease and treatment burden in a patient population with significant unmet need.
- BMN 331 gene therapy product candidate for Hereditary Angioedema (HAE): Dosing continues in the Phase 1/2 HAERMONY study to evaluate BMN 331, an investigational AAV5-mediated gene therapy for people living with HAE. In January 2023, BioMarin shared that the first participant treated with the 6e13vg/kg dose demonstrated C1-Inhibitor levels that were approaching the therapeutically relevant range. In March 2023, the second sentinel participant was safely dosed at 6e13vg/kg and this individual has had a similar initial response. BioMarin will continue to monitor the trajectory of expression in these two individuals before deciding on next steps in this program.
- BMN 351 for Duchenne Muscular Dystrophy (DMD): Investigational New Drug application (IND)-enabling activities continue with BMN 351, an antisense oligonucleotide therapy for individuals with exon 51-skip-amenable DMD. BMN 351 was developed using familiar chemistry and superior biology, by targeting a novel, splice enhancer site demonstrating improved binding affinity and tolerability in preclinical models. Preclinical data suggest that restored expression of near-full-length dystrophin protein at levels of up to 40% will convert phenotypes from rapid loss to durable preservation of strength and ambulation.
- BMN 349 for alpha-1 antitrypsin deficiency: Preclinical studies have demonstrated that BMN 349 is an orally bioavailable, small molecule that preferentially sequesters mutant protein, preventing polymerization in liver cells that drive the progressive liver disease form of the illness. In preclinical studies BMN 349 is titratable to effect, with rapid onset and high potency. Preclinical results have strong implications for potential improvement of current management, particularly for severe liver disease requiring rapid action. IND enabling studies are concluding and BioMarin plans to submit the IND in the second half of 2023.
- BMN 293 for MYBPC3 hypertrophic cardiomyopathy (HCM): Mutations in the MYBPC3 gene are the most common cause of inherited HCM. Early investigations suggest that gene therapy-mediated gene transfer can lead to widespread expression of the gene product, cardiac myosin-binding protein C (MyBP-C), in cardiac tissue, which can normalize cardiac hypertrophy, improve relaxation kinetics and potentially alleviate functional deficits in individuals suffering from cardiomyopathy. IND enabling studies are underway and have incorporated pre-IND feedback from the FDA. BioMarin's goal is to submit an IND for BMN 293 in the second half of 2023.
2023 Full-Year Financial Guidance (in millions, except % and EPS amounts) (Updated)
BioMarin will host a conference call and webcast to discuss second quarter 2023 financial results today, Monday, July 31, 2023, at 4:30 p.m. ET. This event can be accessed through this link or on the investor section of the BioMarin website at www.biomarin.com.
About BioMarin
Founded in 1997, BioMarin is a global biotechnology company dedicated to transforming lives through genetic discovery. The Company develops and commercializes targeted therapies that address the root cause of genetic conditions. BioMarin's robust research and development capabilities have resulted in multiple innovative commercial therapies for patients with rare genetic disorders. The Company's distinctive approach to drug discovery has produced a diverse pipeline of commercial, clinical, and pre-clinical candidates that address a significant unmet medical need, have well-understood biology, and provide an opportunity to be first-to-market or offer a substantial benefit over existing treatment options. For additional information, please visit www.biomarin.com.
Forward-Looking Statements
This press release and the associated conference call and webcast contain forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: the expectations of Total Revenues, Net Product Revenues, Enzyme Product Revenues, Gross Profit, Research and Development Expense (R&D), Selling, General and Administrative Expense (SG&A), GAAP Net Income, Non-GAAP Income, GAAP Diluted EPS and Non-GAAP Diluted EPS for the full-year 2023; cash flows from operating activities; the timing of orders for commercial products; the timing of BioMarin's clinical development and commercial prospects, including announcements of data from clinical studies and trials; the clinical development and commercialization of BioMarin's product candidates and commercial products, including (i) the potential to leverage VOXZOGO in conditions beyond achondroplasia, such as hypochondroplasia, (ii) the results from clinical studies regarding product expansion opportunities for ROCTAVIAN, (iii) BioMarin's plans to initiate and enroll an expanded study of BMN 255 in the second half of 2023, (iv) BioMarin's plan to submit an IND for BMN 349 in the second half of 2023, and (v) BioMarin's goal to submit an IND for BMN 293 in the second half of 2023; the potential approval and commercialization of BioMarin's product candidates, including commercialization of ROCTAVIAN for the treatment of severe hemophilia A in the U.S. following FDA approval in June 2023, and the timing of such approval decisions and product launches, including (i) the anticipated start and growth of commercial sales of VOXZOGO in additional countries, and (ii) BioMarin's expectation that U.S. and EU health authorities take action on its supplemental marketing applications for VOXZOGO in the coming months and the number of additional children that will be eligible for VOXZOGO if such age expansions are accepted; the expected benefits and availability of BioMarin's product candidates; and potential growth opportunities and trends, including that BioMarin expects accelerated growth of VOXZOGO revenues as the product launch continues in future quarters and that BioMarin expects growth of ROCTAVIAN revenues as the product's access is expanded in Europe and following commercial launch in the U.S.
These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: BioMarin's success in the commercialization of its commercial products, impacts of macroeconomic and other external factors on BioMarin's operations; results and timing of current and planned preclinical studies and clinical trials and the release of data from those trials; BioMarin's ability to successfully manufacture its commercial products and product candidates; the content and timing of decisions by the FDA, the European Commission and other regulatory authorities concerning each of the described products and product candidates; the market for each of these products; actual sales of BioMarin's commercial products; the introduction of generic versions of BioMarin's commercial products, in particular generic versions of KUVAN; and those factors detailed in BioMarin's filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption "Risk Factors" in BioMarin's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise.
BioMarin®, BRINEURA®, KUVAN®, NAGLAZYME®, PALYNZIQ®, VIMIZIM® and VOXZOGO® are registered trademarks of BioMarin Pharmaceutical Inc., or its affiliates. ROCTAVIANTM is a trademark of BioMarin Pharmaceutical Inc. ALDURAZYME® is a registered trademark of BioMarin/Genzyme LLC. All other brand names and service marks, trademarks and other trade names appearing in this release are the property of their respective owners.
Non-GAAP Information
The results presented in this press release include both GAAP information and Non-GAAP information. Non-GAAP Income is defined by the Company as GAAP Net Income excluding amortization expense, stock-based compensation expense, contingent consideration expense, and, in certain periods, certain other specified items, as detailed below when applicable. The Company also includes a Non-GAAP adjustment for the estimated tax impact of the reconciling items. Non-GAAP Diluted EPS is defined by the Company as Non-GAAP Income divided by Non-GAAP diluted shares outstanding
BioMarin regularly uses both GAAP and Non-GAAP results and expectations internally to assess its financial operating performance and evaluate key business decisions related to its principal business activities: the discovery, development, manufacture, marketing and sale of innovative biologic therapies. Because Non-GAAP Income, Non-GAAP Diluted EPS and Non-GAAP Diluted Shares are important internal measurements for BioMarin, the Company believes that providing this information in conjunction with BioMarin's GAAP information enhances investors' and analysts' ability to meaningfully compare the Company's results from period to period and to its forward-looking guidance, and to identify operating trends in the Company's principal business. BioMarin also uses Non-GAAP Income internally to understand, manage and evaluate its business and to make operating decisions, and compensation of executives is based in part on this measure.
Non-GAAP Income and its components are not meant to be considered in isolation or as a substitute for, or superior to comparable GAAP measures and should be read in conjunction with the consolidated financial information prepared in accordance with GAAP. Investors should note that the Non-GAAP information is not prepared under any comprehensive set of accounting rules or principles and does not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP. Investors should also note that these Non-GAAP financial measures have no standardized meaning prescribed by GAAP and, therefore, have limits in their usefulness to investors. In addition, from time to time in the future there may be other items that the Company may exclude for purposes of its Non-GAAP financial measures; likewise, the Company may in the future cease to exclude items that it has historically excluded for purposes of its Non-GAAP financial measures. Because of the non-standardized definitions, the Non-GAAP financial measure as used by BioMarin in this press release and the accompanying tables may be calculated differently from, and therefore may not be directly comparable to, similarly titled measures used by other companies.
The following tables present the reconciliation of GAAP reported to Non-GAAP adjusted financial information:
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ATLANTA, July 31, 2023 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) today released its second quarter 2023 financial results. Complete financial results are available at investor.aarons.com. Highlights of those results are included below and in the attached supplement.
Second Quarter 2023 Consolidated Results1:
- Revenues were $530.4 million, a decrease of 13.1%
- Net earnings were $6.5 million, an increase of 222.0%; Non-GAAP net earnings2 were $12.2 million, a decrease of 50.6%
- Adjusted EBITDA2,3 was $42.4 million, a decrease of 17.0%
- Diluted EPS was $0.21; Non-GAAP diluted EPS2 was $0.39
- Write-offs were 5.4% in the Aaron's Business, an improvement of 30 basis points
- Reduced debt $36.1 million in the quarter and $124.3 million since the prior year quarter-end
- Updates 2023 full year outlook; lowers revenues, maintains adjusted EBITDA, and increases adjusted free cash flow
Second Quarter 2023 Key Items:
The Aaron's Company
- Earnings were ahead of internal expectations largely due to ongoing expense controls, despite lower revenues in both business segments
- Ended the quarter with cash and cash equivalents of $38.4 million and debt of $186.1 million, resulting in a net debt2 reduction of $30.2 million in the quarter primarily due to strong cash provided by operating activities
Aaron's Business
- Earnings before income taxes were $30.8 million; adjusted EBITDA was $49.5 million, which exceeded internal expectations and increased 3.0% as compared to the prior year quarter primarily due to lower total operating expenses and lower write-offs
- Personnel and other operating expenses benefited from cost optimization initiatives and ongoing investments in technology platforms and marketing analytics
- Ended the quarter with 230 GenNext stores, 101 hubs, and 101 showrooms
- GenNext stores accounted for approximately 29% of lease revenues & fees and retail sales
- E-commerce revenues increased 5.5% as compared to the prior year quarter and represented 17.9% of lease revenues
BrandsMart
- Earnings before income taxes were $1.1 million; adjusted EBITDA was $4.5 million, which exceeded internal expectations despite lower revenues due to continued pressure on customer demand
- Began construction on first new BrandsMart store planned to open in Augusta, GA in Q4 2023
The Company will host an earnings conference call tomorrow, August 1, 2023, at 8:30 a.m. ET. Chief Executive Officer Douglas A. Lindsay will host the call along with President Steve Olsen and Chief Financial Officer C. Kelly Wall. A live audio webcast of the conference call and presentation slides may be accessed at investor.aarons.com and the hosting website at https://events.q4inc.com/attendee/457512107. A transcript of the webcast will also be available at investor.aarons.com.
About The Aaron's Company, Inc.
Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods across its brands: Aaron's, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. Aaron's offers a direct-to-consumer lease-to-own solution through its approximately 1,260 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform. BrandsMart U.S.A. is one of the leading appliance retailers in the country with ten retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. For more information, visit investor.aarons.com, aarons.com, and brandsmartusa.com.
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SOURCE The Aaron’s Company, Inc.
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https://www.kswo.com/prnewswire/2023/07/31/aarons-company-inc-reports-second-quarter-2023-financial-results-updates-full-year-outlook/
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A new school year is stressful but shopping for it shouldn’t be
The long summer break is a great time for kids to get their minds off the coming school year. But whether they stayed home or went to summer camp, there comes a time when you must start to plan ahead.
While they might be more concerned about a new wardrobe, parents know that they won’t pass the new year with just a bright smile. They’re going to need supplies, and it might seem like a daunting task if you don’t know where to start. Take the unnecessary stress out of back-to-school shopping by getting a supply kit packed with everything they’ll need.
Shop this article: Moda West 52-Piece Back to School Supply Kit for K-12, School Supply Boxes 32-Piece Back To School Supply Box Grades K-5 and School Supply Bundle Pack for High School, Middle School or College
Essential ingredients for a successful start
Being thoroughly prepared is an excellent way to start a new grade. Of course, different grades need different items in their kits, but some universal objects are great from kindergarten to senior high.
For basic note-taking and studying, it’s essential to have a few pens, a pencil, an eraser and a ruler. Some paperclips, file dividers or a pencil sharpener will also come in handy. All these items need to be stored somewhere, and a sturdy pencil case is the best for that.
To nail art projects or presentations, a couple of Sharpies, colored highlighters, scissors and a glue stick will do wonders. But naturally, you can’t expect your child to walk around school carrying their art supplies and pencil case by hand. Put everything into a sturdy backpack or shoulder bag, ensuring that it is big enough for their textbooks, too.
Age-appropriate supply kits
Generally, back-to-school supply kits are made up of items used by kindergarten, elementary or middle school students. But if you want to put your own kit together, you must ensure that the items are age-appropriate.
For example, for younger students, you should avoid sharp scissors in favor of blunt, safety scissors. High school students probably won’t use a glue stick but might prefer a contact adhesive for paper or cardboard. You’ll also get strange looks if you throw in a box of crayons, so rather include some durable highlighters or markers.
Don’t forget to review your kid’s recommended items for the upcoming year. You might be covering the essentials with a supply kit, but there could be other objects that they need, such as a protractor, a sturdy lunch box, different colored pens or a stapler.
Best back-to-school supply kits
Moda West 52-Piece Back to School Supply Kit for K-12
This massive selection of 52 pieces comes pre-packaged and has everything a child needs. It includes notebooks, folders, pens and pencils, highlighters, an eraser and a clear pencil case. For art projects, it includes a 5-inch scissor, two glue sticks and an 8-inch ruler.
Sold by Amazon
Trail Maker 20-Piece School Supplies for K-12
Suitable for all grades, this supply kit includes a spiral notebook, a pocket folder, a ruler, three ballpoint pens and two pencils. You can store everything in the canvas pencil case. While it doesn’t include scissors, there is a glue stick and crayons for projects.
Sold by Amazon
Trail Maker 45-Piece School Essentials
This 45-piece bulk pack of school supplies is perfect for students up to elementary school. In addition to the two spiral notebooks and four pocket folders, the supply kit includes several pens, pencils, highlighters and two glue sticks. There is also a box of crayons, a ruler and scissors.
Sold by Amazon
School Supply Boxes 32-Piece Back To School Supply Box Grades K-5
Perfect for elementary school students, this supply box comes with a clear plastic pencil case, 12 colored pencils and a 10-pack of regular pencils. For creative projects, there is a 10-pack of Crayola markers, a 24-pack of Crayola crayons, glue sticks and scissors.
Sold by Amazon
Moda West 17-Inch Backpacks with 52-Piece School Supply Kit
If there are a lot of kids in the neighborhood or the family, this bundle is an excellent choice. The kit includes eight 17-inch backpacks, each with its own 52-piece school supplies. This comprises two notebooks, several pens and pencils, highlighters and pocket folders.
Sold by Amazon
Bundles Galore Mega Back to School Supply Kit Bundle
This bundle is perfect for all grades and includes everything a student might need. The more than 90 pieces include 10 pocket folders, five notebooks, four glue sticks, several pens and pencils and five Sharpie chisel tip highlighters. And since returning to school is tough, it includes a 2-inch stress ball.
Sold by Amazon
Sharpie Expo Paper Mate Back 2 School Essentials 37-Piece Kit
Back to school is made easy with this bundle from Sharpie. The 37-piece kit includes a host of items for late-night studying, such as six mechanical pencils, six regular lead pencils, two fine-point Sharpie markers, and five highlighters. There are also two erasers, two glue sticks and a ruler.
Sold by Amazon
School Supply Bundle Pack for High School, Middle School or College
This bundle includes a ring binder, two spiral notebooks, a pack of dividers, five mechanical pencils and index cards. Perfect for middle school students through college.
Sold by Amazon
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
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BestReviews spends thousands of hours researching, analyzing, and testing products to recommend the best picks for most consumers.
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Imagine stepping on stage with your favorite artist in VR from your browser. Discover secret rooms, join live Q&As with other fans, shop for merch, and more. Connect with your audience like never before.
NEW YORK, July 31, 2023 /PRNewswire/ -- BR Marketing Group, a leading luxury brand marketing agency in NYC, is excited to offer its new Web Virtual Reality (WebVR) service to clients worldwide. With this service, clients can create memorable marketing experiences in WebVR. WebVR is a technology that allows users to enjoy virtual reality from their browsers, without any extra hardware or software.
BR Marketing Group has a team of creative experts who design and promote WebVR experiences that capture the unique essence of each brand. Whether it's a concert, a store, a gallery, or more BR Marketing Group can bring it to life in WebVR.
"Our service stands out because we embrace the future. We know how innovative technologies like WebVR can transform the customer experience," said Andrea Canas, CEO of BR Marketing Group.
- Drake, global superstar, has recently taken his concerts and online store to the next level by adding immersive technology for an interactive virtual experience. He is not alone. Luxury brands and artists are following suit.
- Revenue in the VR Advertising market is projected to reach US$161.70m in 2023, revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2.33%, resulting in a projected market volume of US$177.30m by 2027, according to a recent study.
WebVR is still a new and fast-growing tech, able to give immersive, interactive, awe-inspiring experiences. WebVR also connects with IRL events, enabling users to explore real-world objects, locations, and people through VR.
To get more info on WebVR or work with BR Marketing Group for your next virtual or IRL event, visit us at brmarketgroup.com or call 332-600-4466.
About BR Marketing Group
As one of the first creative agencies to offer WebVR immersive services, BR Marketing Group combines its web development, design, and marketing skills to create amazing VR events that connect the virtual and physical worlds.
BR Marketing Group is a leading luxury brand marketing agency in NYC, led by Andrea Cañas, a visionary Latina leader. She and her team of creative experts' craft captivating and unforgettable marketing experiences that bring out the unique essence of each brand they work with.
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SOURCE BR Marketing Group
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https://www.ktre.com/prnewswire/2023/07/31/br-marketing-group-launches-webvr-immersive-service-new-way-boost-brand-loyalty-engagement/
| 2023-07-31T21:16:17
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THOUSAND OAKS, Calif., July 31, 2023 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its second quarter financial results on Thursday, August 3, 2023, after the close of the U.S. financial markets. The announcement will be followed by a conference call with the investment community at 1:30 p.m. PT. Participating in the call from Amgen will be Robert A. Bradway, chairman and chief executive officer, and other members of Amgen's senior management team.
Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2022, Amgen was named one of the "World's Best Employers" by Forbes and one of "America's 100 Most Sustainable Companies" by Barron's.
For more information, visit Amgen.com and follow us on Twitter, LinkedIn, Instagram, TikTok and YouTube.
CONTACT: Amgen, Thousand Oaks
Jessica Akopyan, 805-440-5721 (media)
Elissa Snook, 609-251-1407 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen
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https://www.kswo.com/prnewswire/2023/07/31/amgen-announces-webcast-2023-second-quarter-financial-results/
| 2023-07-31T21:16:19
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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.
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.
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.
SEE MORE: U.S. Space Command Is Reestablished After 17 Years
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.
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.
Trending stories at Scrippsnews.com
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NPR's Mary Louise Kelly speaks with actor Richard E. Grant about his memoir Pocketful of Happiness and how he has dealt with the grief of losing his wife to cancer after 38 years together.
Copyright 2023 NPR
NPR's Mary Louise Kelly speaks with actor Richard E. Grant about his memoir Pocketful of Happiness and how he has dealt with the grief of losing his wife to cancer after 38 years together.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/after-losing-his-wife-richard-e-grant-has-found-a-daily-pocketful-of-happiness
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Smart back-to-school shopping strategies
With inflation still rising, it is vital to have a shopping strategy mapped out to purchase back-to-school supplies this year. Especially for your high schooler, because they need more items. And those items tend to carry a higher price tag.
Buying school supplies, however, is a little different than shopping for other items. In most cases, you will have several lists created by each of your student’s teachers. Some items may be very specific, such as the exact model of a TI calculator, while others may be generic, such as a three-ring binder.
Getting the correct supplies at the best price requires time and planning. This guide will help you make smart purchasing decisions. It covers basic back-to-school shopping strategies and lists 12 products that will help prepare your kid for high school.
Shop this article: Hydro Flask Stainless Steel Reusable Water Bottle, JanSport Cool Student Backpack and Texas Instruments TI-84 Plus CE
What school supplies does a high school student need?
While it is essential that you first consider the lists that your student’s teachers provide, there are a few general categories for you to consider.
Essentials
These are the items that your student will use every day. You will find most of these on your student’s supply lists that they get from their teachers. They will include pens, pencils, erasers, markers, notebook paper, binders, composition books and more.
Organizational supplies
Organizational supplies are anything your student uses to organize, hold or transport the items they use every day. These products may include a pencil case, a backpack, an assignment book, a calendar or binder dividers.
Tech and tools
This category includes anything your student requires to complete their assignments or to solve a problem they might run into during the day, such as a torn notebook sheet. It can be a specific calculator, a tablet, a compass, a ruler, a protractor, hole reinforcements, tape or even white out.
Study supplies
If your child wants to spend a little extra time learning, you’ll need items to help them study. These could be post-it notes, page markers, index cards and highlighters.
Clothing
High school students are still growing. What fit last year might not fit this year. You may need comfortable shoes, casual clothing, clothing that displays school spirit, athletic wear for PE, sneakers, jackets, coats, specific gear for co-curricular activities and more.
Accessories
One category that students and parents may forget is the accessories that are essential to getting through each day. These will vary from student to student but may include a water bottle, a lunch bag, a case for glasses, contacts, combination locks for lockers, charging devices, towels, shower supplies for after PE, medications, an EpiPen and more.
Tips for back-to-school shopping
Strategy is the key when it comes time for back-to-school shopping. These tips can help you get everything you need for that first day.
Shop early
Even if the country wasn’t being plagued with supply chain issues, back-to-school products typically become unavailable by the end of summer. Do your shopping early so that your student has everything they need to start the school year off right.
Use school lists
Teachers make classroom lists for a reason: these are the items your student will need to succeed in the subject. The teacher’s supplies list is your starting point. Get those essentials first.
Don’t forget items that aren’t on the list
Classroom lists don’t always include products that will make your student’s life easier. After you check off all the items from their teachers’ lists, ensure you get the personal items they need daily.
Consider what you already have
If you have more than one student, the older child may already have what your younger child needs. Before buying a new item, check the items you already have at home.
Spend less on clothing
Clothing is important, but so is that expensive calculator. If it comes down to getting a $200 pair of sneaks or a $100 calculator, remember that the calculator will last longer.
Purchase quality items
School supplies need to be rugged. Notebooks are used daily, tossed in a backpack, thrown in a locker and mistreated. If you have a choice between getting a cheap budget item from a dollar store and paying a little more for a quality name-brand item, it is usually worth spending a little more on an item that will last the entire school year or longer.
Pay attention to sales
Back-to-school sales are a great way to get people to spend money on a specific retailer. Many stores will have deep discounts on a couple of key items that get you to their site. Take advantage of these sales, but consider if the other items that the retailer has on sale are worth it. If not, wait till the next sale or purchase from a different retailer to get the best deal.
It is also a good idea to download and install retailer apps, so you can track specific items and know when the best time to buy is.
Consider environmentally kind products
While this might not help you save money, it will help you save the earth. Always consider products that have been or can be recycled and purchased from companies with environmentally friendly manufacturing and business practices.
Budget-friendly products for your high schooler
Hydro Flask Stainless Steel Reusable Water Bottle
Hydration is essential to learning. It helps your student focus and feel revitalized. Sending your high schooler off for the day with 32 ounces of water in this vacuum-insulated option will help them stay hydrated throughout the day. Hydro Flask water bottles have a leakproof lid and a lifetime guarantee.
Sold by Amazon
JanSport Cool Student Backpack
Your high schooler needs to bring many items to and from school each day. A well-constructed backpack is the ideal tool to carry all of these. JanSport’s Cool Student Backpack is durable, washable and has many color options. It is designed with ergonomic shoulder straps and zippered compartments for organization and comes with a lifetime guarantee.
Sold by Amazon
Five Star Reinforced College Ruled Filler Paper
Reinforced notebook paper is a game-changer in the life of a student. This pack of 100 sheets of notebook paper is reinforced around the holes to resist tearing. It will prevent lost schoolwork and help keep all of your student’s pages organized.
Sold by Amazon
Gildan Heavy Blend Unisex Hooded Sweatshirt
A hoodie is essential school wear. This affordable offering from Gildan is made of 50% cotton and 50% polyester. It features a zipper closure and anti-pilling air jet yarn. The ribbed cuffs and waistband have spandex to help provide a more secure fit.
Sold by Amazon
Adidas Squad Insulated Lunch Bag
Teenagers need to refuel throughout the long day. Bringing lunch from home lets your student choose what they want to eat while saving you money. This durable lunch bag can keep their food at the perfect temperature and prevent it from getting broken or squished in transit.
Sold by Amazon
Texas Instruments TI-84 Plus CE
Graphing calculators are required by high school science and math teachers. Texas Instruments make a quality product that can accompany your teenager throughout their entire high school career, and possibly into college. This popular model has a 10-digit LCD display and 12 software applications. The graphic functions can handle polar, sequence, cobweb plot, zoom, parametric plot, histogram, scatter plot, and more.
Sold by Amazon
Belkin Boost Charge Wireless Charging Pad
Between classes, activities and part-time jobs, your high schooler may have a longer workday than you. To get through that day, they need a fully charged phone. Belkin is a trusted name in charging technology. This portable wireless charging pad is compatible with newer Android smartphones and iPhones.
Sold by Amazon
Oxford Color Coded Ruled Index Cards
Flash cards are a classic tool used for studying and improving memory. These cards are lined to allow for neatness, while the color-coded bar at the top lets the student organize the cards by subject or category.
Sold by Amazon
Prismacolor Premier Col-Erase Colored Pencils
A student can still use colored pencils at the high school level. Not only are they great for art class and doodling, but a student can use them for marking maps in history class, creating diagrams in science class and more.
Sold by Amazon
This set contains 10 essential tools often needed for geometry and drawing classes. Besides the typical items, such as a ruler and a protractor, you get a lettering guide, a pencil sharpener and more. The compass and divider have a short point for safety, and the set comes with a sturdy tin for organization.
Sold by Amazon
Avery Flexi-View 1-Inch 3-Ring View Binder
Avery’s flex binder has a clear window in the front, which is a handy place to store a class syllabus. It can hold 175 sheets of paper and has a flexible spine. The durable polypropylene cover means that you can use this binder over multiple school years.
Sold by Amazon
C-Line Top-Load Sheet Protector
Sheet protectors keep your student’s reference material unwrinkled and stain-free. The 50 standard-thickness polypropylene protectors are sealed on three sides. They are designed so students can add and remove materials while the protector remains secured in the binder.
Sold by Amazon
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https://www.pahomepage.com/reviews/br/education-br/homeschooling-br/back-to-school-on-a-budget-these-12-products-will-have-your-kid-ready-for-high-school/
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Total new annualized premiums up 11%; strong capital position
CARMEL, Ind., July 31, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $73.7 million, or $0.64 per diluted share, in 2Q23 compared to $233.3 million, or $1.99 per diluted share, in 2Q22. Net operating income (1) was $62.3 million, or $0.54 per diluted share, in 2Q23 compared to $135.1 million, or $1.15 per diluted share, in 2Q22.
"Production was strong in both our Consumer and Worksite Divisions, with notable sales increases in Life, Medicare Supplement and Supplemental Health, driven by continued growth in producing agent counts," said Gary C. Bhojwani, chief executive officer.
"Variable investment income results improved sequentially, yet reflect a tough comparable in the second quarter of 2022 when results reached a five-year high. Health claims impacted our results in the quarter. We expect this elevated claims experience to moderate in the second half of the year, based on leading indicators. Our long-term view of the Health business remains positive."
"New money rates were once again strong in the quarter at 6.34%, which drove continued improvement in the earned yield on investments allocated to insurance products. Our consolidated risk based capital (RBC) ratio of 386% was comfortably above our target as was our holding company liquidity of $176 million. Free cash flow generation in the quarter was robust."
Second Quarter 2023 Highlights (as compared to the corresponding period in the prior year where applicable)
- Total Health insurance new annualized premiums ("NAP") (4) up 15%; total Life insurance NAP up 8%
- Medicare Supplement NAP up 29%; Consumer Division field agent-sold Life insurance NAP up 20%
- Consumer Division field producing agent count up 8%; Worksite Division producing agent count up 32%
- Returned $47.4 million to shareholders
- Book value per share was $17.56; book value per diluted share, excluding accumulated other comprehensive loss,(2) was $32.34
- Return on equity ("ROE") of 14.8%; operating ROE, as adjusted,(6) of 8.0%
Adoption of New Accounting Standard
As previously disclosed, we adopted ASU 2018-12 related to targeted improvements to the accounting for long-duration insurance contracts effective January 1, 2023. We selected the modified retrospective transition method except for market risk benefits where we were required to use the full retrospective approach. All prior periods presented herein have been recast in accordance with the new standard. As a result of the adoption of the new guidance, shareholders' equity as of December 31, 2022, increased $368.0 million and was comprised of increases to retained earnings and accumulated other comprehensive income (loss) of $232.2 million and $135.8 million, respectively. Net income and operating earnings (1) for the second quarter of 2022 increased $97.2 million and $35.0 million, respectively. Concurrent with the adoption of the new guidance, we also updated the method of determining non-operating earnings for our fixed indexed annuities to better isolate the volatile non-economic accounting impacts of that line of business.
INSURANCE OPERATIONS
Annuity products accounted for 26 percent of the Company's margin for the quarter and annuity premiums collected decreased 8 percent in 2Q23 compared to 2Q22.
Health products accounted for 48 percent of the Company's insurance margin for the quarter and 63 percent of insurance policy income.
Life products accounted for 26 percent of the Company's insurance margin for the quarter and 36 percent of insurance policy income.
Sales of health products were up 15 percent and sales of life products were up 8 percent in 2Q23 compared to 2Q22.
Total allocated expenses were $149.5 million, down 2 percent from 2Q22.
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The fair value of CNO's available for sale fixed maturity portfolio was $21.0 billion compared with an amortized cost of $23.6 billion. Net unrealized losses were comprised of gross unrealized gains of $106.1 million and gross unrealized losses of $2,710.8 million. The allowance for credit losses was $66.1 million at June 30, 2023.
At both amortized cost and fair value, 94 percent of fixed maturities, available for sale, were rated "investment grade".
Non-Operating Items
Net investment losses in 2Q23 were $31.3 million including the unfavorable change in the allowance for credit losses of $9.9 million which was recorded in earnings. Net investment losses in 2Q22 were $27.1 million including the unfavorable change in the allowance for credit losses of $23.7 million which was recorded in earnings.
During 2Q23 and 2Q22, we recognized a decrease in earnings of $4.0 million and $21.7 million, respectively, due to the net change in market value of investments recognized in earnings.
During 2Q23 and 2Q22, we recognized an increase in earnings of $50.4 million and $160.6 million, respectively, resulting from changes in the estimated fair value of embedded derivative liabilities and market risk benefits related to our fixed indexed annuities. Such amounts include the impacts of changes in market interest rates and equity impacts used to determine the estimated fair values of the embedded derivatives and market risk benefits.
In 2Q22, other non-operating items included an increase in earnings of $14.0 million for the mark-to-market change in the agent deferred compensation plan liability which was impacted by changes in the underlying actuarial assumptions used to value the liability. We recognize the mark-to-market change in the estimated value of this liability through earnings as assumptions change.
Statutory (based on non-GAAP measures) and GAAP Capital Information
Our consolidated statutory risk-based capital ratio was estimated at 386% at June 30, 2023, reflecting estimated 2Q23 statutory operating income of $37 million (and $76 million in the first six months of 2023) and the payment of insurance company dividends (net of capital contributions) to the holding company of $40.5 million during 2Q23 (and $74.7 million in the first six months of 2023).
During 2Q23, we repurchased $30.0 million of common stock under our securities repurchase program (including $0.9 million of repurchases settled in 3Q23). We repurchased 1.4 million common shares at an average cost of $22.28 per share. As of June 30, 2023, we had 113.7 million shares outstanding and had authority to repurchase up to an additional $641.8 million of our common stock. During 2Q23, dividends paid on common stock totaled $17.4 million.
Unrestricted cash and investments held by our holding company were $176 million at June 30, 2023, compared to $167 million at December 31, 2022.
Book value per common share was $17.56 at June 30, 2023 compared to $15.47 at December 31, 2022. Book value per diluted share, excluding accumulated other comprehensive income (loss) (2), was $32.34 at June 30, 2023, compared to $31.89 at December 31, 2022.
The debt-to-capital ratio was 36.3 percent and 39.2 percent at June 30, 2023 and December 31, 2022, respectively. Our debt-to-total capital ratio, excluding accumulated other comprehensive income (loss) (3) was 23.4 percent at both June 30, 2023 and December 31, 2022.
Return on equity for the trailing four quarters ended June 30, 2023 and 2022, was 14.8% and 20.9%, respectively. Operating return, excluding significant items, on equity, excluding accumulated other comprehensive income (loss) and net operating loss carryforwards (6) for the trailing four quarters ended June 30, 2023 and 2022, was 8.0% and 12.7%, respectively.
In this news release, CNO includes non-GAAP measures to enhance investors' understanding of management's view of the business. The non-GAAP measures are not a substitute for GAAP, but rather a supplement to increase transparency by providing broader perspective. CNO's definitions of non-GAAP measures may differ from other companies' definitions. More detailed information including various GAAP and non-GAAP measurements are located at CNOinc.com in the Investors section under SEC Filings.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements within the meaning of federal securities laws. These prospective statements reflect management's current expectations, but are not guarantees of future performance. Accordingly, please refer to CNO's cautionary statement regarding forward-looking statements, and the business environment in which the Company operates, contained in the Company's Form 10-K for the year ended December 31, 2022 and any subsequent Form 10-Q or Form 10-K on file with the Securities and Exchange Commission and on the Company's website at CNOinc.com in the Investors section. CNO specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.
EARNINGS RELEASE CONFERENCE CALL WEBCAST:
The Company will host a conference call to discuss results on August 1, 2023 at 11:00 a.m. Eastern Time. During the call, we will be referring to a presentation that will be available at the Investors section of the company's website.
To participate by dial-in, please register at https://www.netroadshow.com/events/login?show=5ac4628b&confId=53584. Upon registering, you will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be sent to registered participants via email.
For those investors who prefer to listen to the call online, we will be broadcasting the call live via webcast. The event can be accessed through the Investors section of the company's website: ir.CNOinc.com. Participants should go to the website at least 15 minutes before the event to register and download any necessary audio software.
ABOUT CNO FINANCIAL GROUP
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $34 billion in total assets. Our 3,400 associates, 4,600 exclusive agents and 4,000 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
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SOURCE CNO Financial Group, Inc.
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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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NPR's Ailsa Chang talks with author C.K. Chau about her new book, Good Fortune — a Pride and Prejudice retelling with some delicious twists set in Chinatown in New York City during the early 2000s.
Copyright 2023 NPR
NPR's Ailsa Chang talks with author C.K. Chau about her new book, Good Fortune — a Pride and Prejudice retelling with some delicious twists set in Chinatown in New York City during the early 2000s.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/c-k-chaus-take-on-pride-and-prejudice-takes-readers-to-2000s-new-york-chinatown
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- VOXZOGO® Growth Continued in the Second Quarter Driven by Global Demand Resulting in Increased Full Year 2023 Guidance
- Pivotal Program with VOXZOGO in New, Potential Second Indication, Hypochondroplasia, to Begin in the Fourth Quarter of 2023
- U.S. Approval of ROCTAVIAN™ Received in the Second Quarter and Commercial Launch Underway; Commercial Launch in Europe Making Progress
SAN RAFAEL, Calif., July 31, 2023 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced financial results for the six months and second quarter ended June 30, 2023.
"Outstanding execution across our business led to record revenues in the first half of 2023. We reached more children with VOXZOGO around the world, as physicians and families sought treatment with the only approved medicine targeting the genetic cause of achondroplasia," said Jean-Jacques Bienaimé, Chairman and Chief Executive Officer of BioMarin. "We were also very pleased to have received the highly anticipated U.S. approval of ROCTAVIAN, the only gene therapy treatment for severe hemophilia A. U.S. commercial launch activities are well underway following the June 29 approval, in parallel with launch progress across a number of European countries."
Mr. Bienaimé added, "for the remainder of 2023, we plan to build on the foundation of growth and profitability achieved in the first half of the year, expand VOXZOGO globally and treat the first ROCTAVIAN patients in the U.S. and Europe."
Financial Highlights:
- Total Revenues for the second quarter of 2023 were $595.3 million, an increase of 12% compared to the same period in 2022. The increase in Total Revenues was primarily attributed to the following:
- GAAP and Non-GAAP Net Income increased by $28.3 million and $28.4 million, respectively, for the second quarter of 2023 compared to the same period in 2022. The increased net income was primarily due to higher gross profit and interest income, partially offset by higher spend in research and development programs to support both early-stage research and clinical activities, as well as higher selling, general and administrative expenses due to higher foreign currency losses and to support the commercial launches of VOXZOGO and ROCTAVIAN.
Recent Product Approvals and Launches (ROCTAVIAN and VOXZOGO)
- On June 29, 2023 the FDA approved ROCTAVIAN gene therapy for the treatment of adults with severe hemophilia A (congenital factor VIII (FVIII) deficiency with FVIII activity < 1 IU/dL) without antibodies to adeno-associated virus serotype 5 (AAV5) detected by an FDA-approved test. The FDA approval is based on data from the global Phase 3 GENEr8-1 study, the largest Phase 3 trial of any gene therapy in hemophilia. The one-time, single-dose infusion is the first approved gene therapy for severe hemophilia A in the U.S. ROCTAVIAN was first conditionally approved by the European Commission in August 2022.
Following FDA approval, the Company activated its U.S.-based salesforce and communicated that ROCTAVIAN is expected to be available for commercial use in August. BioMarin estimates that there are approximately 2,500 people living with severe hemophilia A in the United States who are eligible for treatment and receiving care at approximately 140 hemophilia treatment centers. - In Europe, BioMarin continues to make progress on the pricing and reimbursement process for ROCTAVIAN in Germany, France and Italy to facilitate access. BioMarin is working directly with the German National Association of Statuary Health Insurance Funds (GKV) to finalize access to ROCTAVIAN. At present, people in Germany with severe hemophilia A, who are eligible for treatment with ROCTAVIAN, can access treatment through either Named Patient authorizations or previously secured Outcomes Based Agreements. In France and Italy, BioMarin is working directly with the single public insurance funds in each country to secure reimbursement and access to ROCTAVIAN, expected later in 2023.
- As of the end of June 2023, more than 2,000 children with achondroplasia were being treated with VOXZOGO across 36 active markets. In the second quarter, patient growth remained strong worldwide. Based on these trends, today BioMarin updated full-year 2023 VOXZOGO guidance to between $400 million and $440 million. VOXZOGO is currently approved for the treatment of children 2 years old and older in Europe, for children 5 years old and older in the U.S., and approved for all ages from birth in Japan.
VOXZOGO and ROCTAVIAN Market Expansion Opportunities
- Today, BioMarin announced its plan to begin enrollment in the pivotal program with VOXZOGO for the treatment of children with hypochondroplasia, a condition characterized by impaired bone growth. Hypochondroplasia is a genetic statural condition caused by a mutation (gene change) in the fibroblast growth factor receptor-3 (FGFR3) gene.
Leveraging years of safety data from the VOXZOGO development program in achondroplasia, emerging data from an investigator-led Phase 2 study and following receipt of feedback from FDA, BioMarin plans to begin the 6-month observation arm of the study later this year, followed by the 52-week randomized, double-blind, placebo-controlled phase of the 80-participant clinical trial. If successful, BioMarin believes this study will be able to support regulatory approval in this large indication. - In the coming months in the U.S. and Europe, the Company expects to learn the outcome of its request to expand VOXZOGO access to younger age groups, based on favorable results from a Phase 2 study in infants and young children and the importance of starting treatment as early as feasible. Age expansions would provide access to treatment with VOXZOGO to more than 1,000 additional children in the U.S. and Europe.
- Additional product expansion opportunities with ROCTAVIAN continue, including a clinical study investigating ROCTAVIAN treatment in those with active or prior inhibitors and continued exploration of methods of administering ROCTAVIAN in people with pre-existing antibodies against AAV5.
Earlier-stage Development Portfolio (BMN 255, BMN 331, BMN 351, BMN 349, BMN 293)
- BioMarin plans to showcase its Research and Development capabilities and earlier-stage product candidate updates at its R&D Day on September 12, 2023. Details on accessing the live event will be available on BioMarin's website in early September.
- BMN 255 for hyperoxaluria in chronic liver disease: The Company has concluded the multi-ascending dose study with BMN 255 in healthy human volunteers. Based on early data demonstrating a rapid and potent increase in plasma glycolate following treatment with BMN 255, BioMarin plans to open enrollment in an expanded study in patients with chronic liver disease and hyperoxaluria in the second half of 2023. The Company believes the availability of a potent, orally bioavailable, small molecule like BMN 255 may be able to significantly reduce disease and treatment burden in a patient population with significant unmet need.
- BMN 331 gene therapy product candidate for Hereditary Angioedema (HAE): Dosing continues in the Phase 1/2 HAERMONY study to evaluate BMN 331, an investigational AAV5-mediated gene therapy for people living with HAE. In January 2023, BioMarin shared that the first participant treated with the 6e13vg/kg dose demonstrated C1-Inhibitor levels that were approaching the therapeutically relevant range. In March 2023, the second sentinel participant was safely dosed at 6e13vg/kg and this individual has had a similar initial response. BioMarin will continue to monitor the trajectory of expression in these two individuals before deciding on next steps in this program.
- BMN 351 for Duchenne Muscular Dystrophy (DMD): Investigational New Drug application (IND)-enabling activities continue with BMN 351, an antisense oligonucleotide therapy for individuals with exon 51-skip-amenable DMD. BMN 351 was developed using familiar chemistry and superior biology, by targeting a novel, splice enhancer site demonstrating improved binding affinity and tolerability in preclinical models. Preclinical data suggest that restored expression of near-full-length dystrophin protein at levels of up to 40% will convert phenotypes from rapid loss to durable preservation of strength and ambulation.
- BMN 349 for alpha-1 antitrypsin deficiency: Preclinical studies have demonstrated that BMN 349 is an orally bioavailable, small molecule that preferentially sequesters mutant protein, preventing polymerization in liver cells that drive the progressive liver disease form of the illness. In preclinical studies BMN 349 is titratable to effect, with rapid onset and high potency. Preclinical results have strong implications for potential improvement of current management, particularly for severe liver disease requiring rapid action. IND enabling studies are concluding and BioMarin plans to submit the IND in the second half of 2023.
- BMN 293 for MYBPC3 hypertrophic cardiomyopathy (HCM): Mutations in the MYBPC3 gene are the most common cause of inherited HCM. Early investigations suggest that gene therapy-mediated gene transfer can lead to widespread expression of the gene product, cardiac myosin-binding protein C (MyBP-C), in cardiac tissue, which can normalize cardiac hypertrophy, improve relaxation kinetics and potentially alleviate functional deficits in individuals suffering from cardiomyopathy. IND enabling studies are underway and have incorporated pre-IND feedback from the FDA. BioMarin's goal is to submit an IND for BMN 293 in the second half of 2023.
2023 Full-Year Financial Guidance (in millions, except % and EPS amounts) (Updated)
BioMarin will host a conference call and webcast to discuss second quarter 2023 financial results today, Monday, July 31, 2023, at 4:30 p.m. ET. This event can be accessed through this link or on the investor section of the BioMarin website at www.biomarin.com.
About BioMarin
Founded in 1997, BioMarin is a global biotechnology company dedicated to transforming lives through genetic discovery. The Company develops and commercializes targeted therapies that address the root cause of genetic conditions. BioMarin's robust research and development capabilities have resulted in multiple innovative commercial therapies for patients with rare genetic disorders. The Company's distinctive approach to drug discovery has produced a diverse pipeline of commercial, clinical, and pre-clinical candidates that address a significant unmet medical need, have well-understood biology, and provide an opportunity to be first-to-market or offer a substantial benefit over existing treatment options. For additional information, please visit www.biomarin.com.
Forward-Looking Statements
This press release and the associated conference call and webcast contain forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: the expectations of Total Revenues, Net Product Revenues, Enzyme Product Revenues, Gross Profit, Research and Development Expense (R&D), Selling, General and Administrative Expense (SG&A), GAAP Net Income, Non-GAAP Income, GAAP Diluted EPS and Non-GAAP Diluted EPS for the full-year 2023; cash flows from operating activities; the timing of orders for commercial products; the timing of BioMarin's clinical development and commercial prospects, including announcements of data from clinical studies and trials; the clinical development and commercialization of BioMarin's product candidates and commercial products, including (i) the potential to leverage VOXZOGO in conditions beyond achondroplasia, such as hypochondroplasia, (ii) the results from clinical studies regarding product expansion opportunities for ROCTAVIAN, (iii) BioMarin's plans to initiate and enroll an expanded study of BMN 255 in the second half of 2023, (iv) BioMarin's plan to submit an IND for BMN 349 in the second half of 2023, and (v) BioMarin's goal to submit an IND for BMN 293 in the second half of 2023; the potential approval and commercialization of BioMarin's product candidates, including commercialization of ROCTAVIAN for the treatment of severe hemophilia A in the U.S. following FDA approval in June 2023, and the timing of such approval decisions and product launches, including (i) the anticipated start and growth of commercial sales of VOXZOGO in additional countries, and (ii) BioMarin's expectation that U.S. and EU health authorities take action on its supplemental marketing applications for VOXZOGO in the coming months and the number of additional children that will be eligible for VOXZOGO if such age expansions are accepted; the expected benefits and availability of BioMarin's product candidates; and potential growth opportunities and trends, including that BioMarin expects accelerated growth of VOXZOGO revenues as the product launch continues in future quarters and that BioMarin expects growth of ROCTAVIAN revenues as the product's access is expanded in Europe and following commercial launch in the U.S.
These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: BioMarin's success in the commercialization of its commercial products, impacts of macroeconomic and other external factors on BioMarin's operations; results and timing of current and planned preclinical studies and clinical trials and the release of data from those trials; BioMarin's ability to successfully manufacture its commercial products and product candidates; the content and timing of decisions by the FDA, the European Commission and other regulatory authorities concerning each of the described products and product candidates; the market for each of these products; actual sales of BioMarin's commercial products; the introduction of generic versions of BioMarin's commercial products, in particular generic versions of KUVAN; and those factors detailed in BioMarin's filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption "Risk Factors" in BioMarin's Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise.
BioMarin®, BRINEURA®, KUVAN®, NAGLAZYME®, PALYNZIQ®, VIMIZIM® and VOXZOGO® are registered trademarks of BioMarin Pharmaceutical Inc., or its affiliates. ROCTAVIANTM is a trademark of BioMarin Pharmaceutical Inc. ALDURAZYME® is a registered trademark of BioMarin/Genzyme LLC. All other brand names and service marks, trademarks and other trade names appearing in this release are the property of their respective owners.
Non-GAAP Information
The results presented in this press release include both GAAP information and Non-GAAP information. Non-GAAP Income is defined by the Company as GAAP Net Income excluding amortization expense, stock-based compensation expense, contingent consideration expense, and, in certain periods, certain other specified items, as detailed below when applicable. The Company also includes a Non-GAAP adjustment for the estimated tax impact of the reconciling items. Non-GAAP Diluted EPS is defined by the Company as Non-GAAP Income divided by Non-GAAP diluted shares outstanding
BioMarin regularly uses both GAAP and Non-GAAP results and expectations internally to assess its financial operating performance and evaluate key business decisions related to its principal business activities: the discovery, development, manufacture, marketing and sale of innovative biologic therapies. Because Non-GAAP Income, Non-GAAP Diluted EPS and Non-GAAP Diluted Shares are important internal measurements for BioMarin, the Company believes that providing this information in conjunction with BioMarin's GAAP information enhances investors' and analysts' ability to meaningfully compare the Company's results from period to period and to its forward-looking guidance, and to identify operating trends in the Company's principal business. BioMarin also uses Non-GAAP Income internally to understand, manage and evaluate its business and to make operating decisions, and compensation of executives is based in part on this measure.
Non-GAAP Income and its components are not meant to be considered in isolation or as a substitute for, or superior to comparable GAAP measures and should be read in conjunction with the consolidated financial information prepared in accordance with GAAP. Investors should note that the Non-GAAP information is not prepared under any comprehensive set of accounting rules or principles and does not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP. Investors should also note that these Non-GAAP financial measures have no standardized meaning prescribed by GAAP and, therefore, have limits in their usefulness to investors. In addition, from time to time in the future there may be other items that the Company may exclude for purposes of its Non-GAAP financial measures; likewise, the Company may in the future cease to exclude items that it has historically excluded for purposes of its Non-GAAP financial measures. Because of the non-standardized definitions, the Non-GAAP financial measure as used by BioMarin in this press release and the accompanying tables may be calculated differently from, and therefore may not be directly comparable to, similarly titled measures used by other companies.
The following tables present the reconciliation of GAAP reported to Non-GAAP adjusted financial information:
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Comparing the iRobot Roomba j7+ and s9+ models
Roomba is probably the first name that comes to mind when you think about robot vacuums — and for good reason. iRobot’s line of vacuums, around for more than 20 years, has certainly paved the way with innovative, intelligent designs. The Roomba j7+ and Roomba s9+ are the brand’s two most premium models, offering plenty of advanced features to make cleaning a snap, so choosing between the two robots isn’t easy.
In the BestReviews Testing Lab, we found that, while they are roughly the same size, have similar mapping abilities and both feature a convenient self-emptying base, the j7+ and s9+ differ in a few key areas. The j7+ offers superior obstacle avoidance, while the s9+ features significantly stronger suction power and more thorough corner and edge cleaning.
Ultimately, the j7+ is the best choice for pet owners who want a vacuum with above-average suction power that can avoid obstacles around the house, including pet waste. But if you want the most powerful robot vacuum to take care of nearly all the vacuuming in your home, look no further than the s9+.
Roomba j7+ vs. Roomba s9+ specs
The specs for the j7+ and s9+ are similar. However, some key difference between the two can affect their performance on hardwood and carpeting and in corners.
Roomba j7+ specs
Testing team checks the effectiveness of the Roomba j7+ as it navigates around furniture.
Product specifications
Battery life: 97 minutes | Dimensions: 13.3” L x 13.3” W x 3.4” H | Dustbin capacity: 0.4 L | Weight: 7.49 lb | Mapping: Yes | Self-emptying: Yes | Voice commands: Alexa, Google Assistant and Siri | Scheduling: Yes
The j7+ is a full inch wider than the s9+ and other Roomba models, but its profile is a tiny bit lower, which may allow it to fit beneath more furniture. With a battery that lasted nearly 100 minutes in our testing, it falls right in the middle of the pack with other robot vacuums. And while its dustbin is 100 milliliters smaller than the s9+’s, it is self-emptying, which means you don’t have to worry about it stopping in the middle of cleaning. If its bin is full, the j7+ automatically returns to its base to empty itself.
Like the s9+ and other advanced robot vacuums, the j7+ uses smart mapping and camera-based navigation to learn your home. It can identify specific rooms and zones, so you can send the robot to clean a certain area. It can even learn objects in your home and clean around furniture. It also supports Keep-Out Zones if there are areas in your home where you don’t want the robot to clean.
Released two years after the s9+, which came out in 2019, the j7+ is compatible with home assistants like Alexa and Siri, so you can use voice commands to control its cleaning. That makes it easy to clean messes as they happen because you can ask the j7+ to clean under your kitchen table when the kids get crumbs on the floor or vacuum the living room where your pets have been playing. Additionally, you can schedule regular vacuuming with the iRobot Home app. You can choose the day and time the j7+ vacuums and customize its cleaning preferences to ensure your floors are as pristine as possible.
Roomba s9+ specs
The testing team determines the battery life of the Roomba s9+.
Product specifications
Battery life: 107 minutes | Dimensions: 12.25” L x 12.25” W x 3.5” H | Dustbin capacity: 0.5 L | Weight: 8.15 lb | Mapping: Yes | Self-emptying: Yes | Voice commands: Alexa, Google Assistant and Siri | Scheduling: Yes
What stands out immediately about the s9+ is its unique D-shape design, which allows it to reach into corners far better than the average circular robot vacuum. Among the heavier options at 8.15 pounds, it has a medium-sized dustbin, but it’s self-emptying like the j7+, so it won’t stop in the middle of cleaning when it’s full. It also has a fairly long battery life, running for over 100 minutes on a single charge during our testing. If you want to empty the bin manually, it releases from the robot’s top and comes out easily. The bin itself opens from the bottom, too, so all of the debris inside falls out without any shaking.
Like the j7+, the s9+ creates smart maps of your home to learn rooms, zones and objects. That allows you to vacuum specific rooms or around certain furniture. For example, you can send the robot out to clean in front of the kitchen counter. It also allows you to create Keep-Out Zones to prevent the s9+ from cleaning in a certain area, such as where you keep your pet’s bowls.
You can use voice commands to control the s9+ via a home assistant, such as Alexa or Google Assistant. For more regular cleaning, you can use the iRobot Home app to create a cleaning schedule. Each scheduled cleaning session lets you select a day and time, as well as cleaning preferences, like the number of passes and suction power.
Suction comparison
The Roomba j7+ and s9+ are both advanced models, offering strong suction. However, the s9+ stands out for its superior power. While the j7+ has 10 times the suction power as the Roomba 600 series, the s9+ provides 40 times the suction for truly impressive performance on all types of flooring.
This top-notch suction power comes at a price, though — the s9+ is noticeably noisier than other robot vacuums, including the j7+. The j7+ tops out at about 64 decibels, while the s9+ can hit more than 74 decibels at maximum power.
Carpet comparison
Both the Roomba j7+ and s9+ performed well on carpeting. In fact, they were two of the top-performing models among those we tested. However, the s9+ did have the edge, offering suction power that came as close to a standard vacuum cleaner as any of the Roombas we tested.
On medium-pile carpet, the s9+ removed coarse kosher salt, cereal and kitty litter without leaving noticeable debris behind. When it missed a few particles of salt and kitty litter, it captured the remaining debris on its second pass. It pulled pet hair from the carpet without a single strand left behind, too. On low-pile area rugs and runners, we also found that it picked up all the debris in its path on these surfaces without any particles left behind.
During testing, the j7+ successfully handled most debris on medium-pile carpeting, but it wasn’t as impressive as the s9+. It missed several particles of kosher salt and crushed a piece of cereal into the carpet. However, it removed nearly all the remaining cereal crumbs when it did a second pass. It captured nearly all the kitty litter we placed in its path except a single piece and cleaned 100% of the pet hair in a single pass. Like the s9+, the j7+ handled debris on low-pile area rugs and runners with even greater success, so we didn’t observe any debris when it was done cleaning.
Hardwood comparison
The Roomba j7+ and s9+ offered even better suction on hardwood during testing. However, they both occasionally encountered the same problem that many robot vacuums do on hard flooring: Because the surface is usually smooth and slick, it’s easy for the robot to blow some particles of larger debris out of its path. Both the j7+ and s9+ did this in some cases, but the s9+ did it less frequently because of its superior suction power.
Both models cleaned pet hair from hardwood without any issues. The s9+ removed all the coarse kosher salt we placed in its path except for a granule or two, while the j7+ left behind just a few particles. Both successfully captured cereal on hardwood, though they did blow a couple of pieces out of their path. The s9+ picked up these pieces from the edge of the room, while the j7+ didn’t. We also found that both had success removing kitty litter from hardwood, but it took more than one pass to capture all of the particles.
Navigation comparison
The j7+ and s9+ both use a camera to aid their navigation. However, the j7+ has a front-facing camera, while the s9+ has a top-mounted camera. The j7+’s navigation sensor is also located at the front of the robot. Why does this matter? The placement of the cameras and sensors plays a significant role in how well they can navigate a space.
In particular, the front-facing camera and sensor mean the j7+ has obstacle avoidance, allowing it to move around objects without running over or bumping into them. In fact, iRobot is so confident in the j7’s ability to avoid obstacles that it’s backed by P.O.O.P., or the Pet Owner Official Promise, which affirms that you can count on the j7+ to avoid pet accidents and waste, or iRobot will replace your robot for free.
During our testing, the j7+ did an excellent job avoiding items in its path. We placed a handbag, a shoe and a stuffed pet toy in its way, and in all three cases, the robot seemed to sense the object and swerve around it.
On the other hand, the s9+ wasn’t as adept at avoiding items. It ran right over a book we placed in its path and bumped into a stuffed pet toy before moving around it. When we set a shoe in its path, it first tried to travel over it but then stopped and backed up to move around it.
When we stood in front of each robot, their reactions were also different. The j7+ pivoted away before touching us, while the s9+ lightly tapped our foot before moving away.
The advanced obstacle avoidance not only makes the j7+ an ideal model for a home with pets but also an excellent fit for a cluttered home. If you have children who leave toys scattered around, it can clean around the items without getting stuck. You might have less luck with the s9+.
Features comparison
Both the j7+ and s9+ have rubber brush rolls designed to loosen dirt and deal with hair more successfully than traditional bristle brushes. These rubber brushes are flexible, making them less likely to get tangled with hair. However, the s9+ features slightly wider brushes, which allow it to clean more efficiently than the j7+. During our testing, we were impressed by how quickly it worked — it cleaned 240 square feet in just 37 minutes. On the other hand, the j7+ needed 55 minutes to clean 260 square feet.
While the j7+ features the classic round shape that most robot vacuums have, the s9+ has a D-shaped frame — and this makes a big difference. Our testing found that the s9+’s flat edge allowed it to clean more thoroughly along walls. We placed kosher salt in corners with carpeting and hardwood, and it removed nearly all of the particles in a single pass on both surfaces. On the other hand, when we tested the j7+ in a carpeted corner, it only removed about three-quarters of the salt, leaving a noticeable line behind. It removed most of the salt on hardwood but blew several pieces away from the corner without picking them up.
Both the j7+ and s9+ come with a Clean Base that allows for self-emptying. However, the bases aren’t the same size. While they are roughly the same width, the s9+’s base is 19 inches tall, just over 3 inches taller than the j7+’s 15.8-inch tall base. We didn’t have trouble finding a spot for the s9+ in our testing area, but the j7+ can likely squeeze into more locations. Both bases can hold up to 60 days’ worth of dirt, and the j7+ even has a space in the top to hold an extra dirt-disposal bag.
If you don’t necessarily need a self-emptying robot, you can opt for non-emptying models of j7+ and s9+ that cost considerably less. The j7 and s9 are the same vacuums as the Plus models but don’t come with a Clean Base.
Cleaning and maintenance
The j7+ and s9+ require similar cleaning and maintenance to keep them running at peak performance. Even though the models are self-emptying, it’s a good idea to manually empty the dustbin once every week or so to remove any debris that the Clean Base didn’t remove. You can also rinse the bin with warm water, but let it dry thoroughly before returning it to the robot.
You also need to empty the Clean Base when you get a notification from the iRobot app that its bag is full. The bags are disposable, so you can toss a full one in the trash and replace it.
The area that requires the most care for these models is the brush roll since hair and other debris can accumulate around them. You can easily pop out the brushes by pressing the tab on the robot’s underside. When we cleaned these vacuums during testing, we found we could remove hair and other debris with just our fingers. You can also wipe the brush rollers down with a clean, dry cloth if you notice visible dirt.
The high-efficiency filter, edge-sweeping brush and brush rollers for the j7+ and s9+ also require periodic replacement. It’s simple to check their status in the iRobot app under the Product Health tab. There, you can see how many hours until the components require replacement.
Price
The Roomba j7+ regularly costs $799.99. It’s available on Amazon. The Roomba s9+ typically retails for $999.99. You can also find it on Amazon.
How we tested
To see just how well the Roomba j7+ and s9+ perform in real-world conditions, we not only sent them out to do regular cleaning but also put them through specific tests.
First, we measured stats like battery life, charging time, how long they could clean until their dustbins were full and how long they took to clean a given area. Next, we placed different types of debris, including kosher salt, kitty litter, cereal and pet hair, on both carpeting and hardwood and evaluated how well they handled the mess. We also tested how well each model cleaned in corners and around furniture.
Finally, we examined how well the iRobot app works with each model for scheduling, mapping and Keep-Out Zones and used voice commands to see how responsive both were.
Bottom line
It’s hard to go wrong with either the Roomba j7+ or the s9+ because they’re both advanced models that work well on carpeting and hard floors and offer many convenient features. But if you want the most powerful model that can eliminate the need for a standard vacuum, the s9+ gets the edge. It can handle all types of debris, including pet hair, on both carpeting and hard flooring, and its unique D-shape allows it to get into corners without leaving a mess behind.
However, if you have pets, you’ll prefer the j7+. It handles pet hair well, even on carpeting, and also avoids obstacles, so it won’t run into your pet’s waste and track it all over the house. The obstacle avoidance feature also makes it a good fit for cluttered homes.
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Jennifer Blair writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
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For Q2 2023, revenue increased 15% to $19.4 million and customer locations increased 7% to 124,000. Q2 net loss dropped 75% from $3.9 million in Q2 2022 to $978,000 in Q2 2023, and ARR* for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
TORONTO , July 31, 2023 /PRNewswire/ - Givex Corp. ("Givex") (TSX: GIVX) (OTCQX: GIVXF), is pleased to present its financial results for the three-month period and six-month period ending June 30, 2023.
Givex reports in Canadian dollars and in accordance with International Financial Reporting Standards ("IFRS").
"In Q2 2023, Givex continued to increase adjusted EBITDA by increasing gross profit and keeping a tight rein on payroll costs," said Don Gray, CEO of Givex. "Net loss decreased 75%, from $3.9 million to $978,000. We are working hard to continue this trend for the rest of the year."
Second Quarter Financial Highlights
Three-month period ending June 30, 2023 (with comparisons relative to the three-month period ending June 30, 2022)
- Revenue increased $2.6 million from $16.8 million to $19.4 million, 15% growth.
- Gross Profit increased $1.9 million from $12.2 million to $14.1 million, 16% growth.
- Adjusted EBITDA*** increased $0.7 million from $1.0 million to $1.7 million, 69% growth.
- Net Loss decreased $2.9 million from $3.9 million to $978,000, 75% decrease.
- Total Gross Transactional Value**** increased approximately $0.35 billion from $1.77 billion to $2.12 billion, 20% growth.
- POS Gross Transactional Value***** increased approximately $128 million from $347 million to $474 million, 37% growth.
- Customer Locations****** increased approximately 8,000, from 116,000 to 124,000, 7% growth.
Six-month period ending June 30, 2023 (with comparisons relative to the six-month period ending June 30, 2022)
- Revenue increased $5.4 million from $33.2 million to $38.6 million, 16% growth.
- Gross Profit increased $4.2 million from $23.1 million to $27.3 million, 18% growth.
- Adjusted EBITDA*** increased $0.4 million from $2.3 million to $2.7 million, 18% growth.
- Net Loss decreased $4.3 million from $6.5 million to $2.2 million, 66% decrease.
- Total Gross Transactional Value**** increased approximately $0.65 billion from $3.05 billion to $3.7 billion, 21% growth.
- POS Gross Transactional Value***** increased approximately $295 million from $584 million to $879 million, 51% growth.
Operational Highlights
- Payroll costs are the key focus to improved EBITDA and positive net earnings. For the 12-month periods ending June 30, 2023 and 2022, Employee Compensation******* as a % of Gross Profit was 53% and 54%, respectively. The company believes that its ability to reduce Employee Compensation as a % of Gross Profit is an indicator of its success in managing costs and profitability.
- ARR* (which is both recurring and reoccurring revenue) for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
More Information
Additional financial information, such as the audited annual Consolidated Financial Statements, Management's Discussion and Analysis of Financial Condition and Results of Operations, and Annual Information Form, is available on SEDAR+ at www.sedarplus.ca.
More information about Givex, including the Management Presentation and Overview, are posted on the company's investor relations website at investors.givex.com.
About Givex
The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 124,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides Gift Cards, GivexPOS, Loyalty Programs and more, creating growth opportunities for businesses of all sizes and industries. Learn more about how to streamline workflows, tackle complex challenges and transform data into actionable insights at www.givex.com.
Non-IFRS Measures and Reconciliation of Non-IFRS Measures
The information presented includes certain financial measures such as "Adjusted EBITDA" (see below for definition), which are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors, and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation.
Forward Looking Statements
This press release contains forward-looking information. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, the risk factors described under the "Risk Factors" section in the Annual Information Form (AIF) dated March 21, 2023, available on SEDAR+ at www.sedarplus.ca and other filings with the Canadian securities regulatory authorities. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, prospective investors should not place undue reliance on forward-looking information, which speaks only as of the date made. See "Cautionary Note Regarding Forward-Looking Information" in the Filing Statement.
Additional Notes
*ARR is defined as Annual Recurring Revenue, which is both recurring and reoccurring revenue.
**TTM is trailing twelve months from the defined period.
***Adjusted EBITDA is defined as net profit (loss) excluding interest, taxes, depreciation and amortization ("EBITDA") as adjusted for share-based compensation and related expenses, foreign exchange gains and losses and transaction-related expenses including those related to going public and acquisitions.
****Gross transaction volume ("GTV") means the total dollar value of stored and point-of-sale ("POS") transactions processed through our cloud-based SaaS platforms in the period, net of refunds, inclusive of shipping and handling, duty, and value-added taxes. We believe GTV is an indicator of the success of our customers and the strength of our platforms. GTV does not represent revenue earned by us.
*****POS gross transactional volume ("POS GTV") means the total dollar value point-of-sale ("POS") transactions processed through GivexPOS, our cloud-based POS SaaS platform, in the period net of refunds, inclusive of shipping and handling, duty and value-added taxes. We believe POS GTV is an indicator of the success of our customers and the strength of our platforms. POS GTV does not represent revenue earned by us.
******Customer Location means a billing customer location for which the term of services has not ended, or with which we are negotiating a renewal contract. It includes both merchant locations that have transactions processed through our cloud-based SaaS platform, as well as merchant locations not on our platform but for which we provide other Givex services. A single unique customer can have multiple Customer Locations including physical and eCommerce sites. We believe that our ability to increase the number of Customer Locations served by our platform and products is an indicator of our success in terms of market penetration and growth of our business.
*******Employee Compensation as a % of Gross Profit means the total employee compensation for a period divided by the gross profit for the same period. Employee Compensation means total employee compensation including salaries and benefits, excluding both government assistance and share-based compensation. Gross Profit means revenue less direct cost of revenue.
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SOURCE Givex
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Malala Yousafzai is a Barbie Girl in the real world.
It may not sound like a quality connected with the 26-year-old activist and Nobel Peace Prize winner. However, the proof is in a post of a photo showing her and her husband, Asser Malik, in a movie theater’s promotional “Barbie Box” this past weekend.
Yousafzai shared a picture on her social media channels that echoed the movie’s cast announcements, which were set on a Barbie-packaging backdrop and included marketing blurbs (“This Barbie is a mermaid,” “This Barbie has a Nobel Prize in physics” or “He’s just Ken”) for each character. Yousafzai and Malik look relaxed and happy in their photo. But it’s the caption that makes this post social media perfection.
“This Barbie has a Nobel Prize He’s just Ken,” she wrote.
This Barbie has a Nobel Prize He’s just Ken pic.twitter.com/Ljbqdfpgfd
— Malala Yousafzai (@Malala) July 30, 2023
MORE: ‘Barbie’ is hitting the big screen, but is the movie meant for kids?
And how does this Barbie’s “Ken” feel about his new title?
Malik countered with a comment that will be familiar to anyone who has seen the movie — specifically Ken’s “I am Kenough” sweatshirt in the closing scenes.
I’m Kenough
— Asser Malik (@MalikAsser) July 30, 2023
“I’m Kenough,” he replied, clearly in on his wife’s joke.
The Twitter post has nearly 42 million views and is closing in on 1 million likes as of July 31.
In a longer post on her Instagram account, Yousafzai shared the couple’s reaction to the movie and explained that her joke was not meant as a jab against her beloved husband.
“We loved the movie. It was so funny and thoughtful ,” she wrote in her Instagram post. “I hope this caption doesn’t hurt all the Kens as much as the movie Ken.”
These viral social media posts are the latest images of the evolution of Malala Yousafzai since the world first got to know her in 2012 at age 15, when she was attacked on a school bus in her homeland of Pakistan for speaking out in favor of education rights for all people.
Following her attack, her family moved to England, where the young girl continued to advocate for gender equality in education. In 2013, she wrote “I Am Malala,” a best-selling book which, along with other writings and outreach, helped the teenager to become the youngest Nobel Peace Prize winner in 2014.
Since that time, Yousafzai launched the Malala Fund, graduated from Oxford University and continues to advocate for accessible education for everyone.
This story originally appeared on Simplemost. Check out Simplemost for additional stories.
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| 2023-07-31T21:16:31
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NPR's Sacha Pfeiffer talks to security and counter-terrorism Asfandyar Mir about how instability in the Taliban's Afghanistan has spilled into Pakistan, after a suicide bombing that killed dozens.
Copyright 2023 NPR
NPR's Sacha Pfeiffer talks to security and counter-terrorism Asfandyar Mir about how instability in the Taliban's Afghanistan has spilled into Pakistan, after a suicide bombing that killed dozens.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/how-a-suicide-bombing-in-pakistan-shows-spillover-effect-from-talibans-afghanistan
| 2023-07-31T21:16:32
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Imagine stepping on stage with your favorite artist in VR from your browser. Discover secret rooms, join live Q&As with other fans, shop for merch, and more. Connect with your audience like never before.
NEW YORK, July 31, 2023 /PRNewswire/ -- BR Marketing Group, a leading luxury brand marketing agency in NYC, is excited to offer its new Web Virtual Reality (WebVR) service to clients worldwide. With this service, clients can create memorable marketing experiences in WebVR. WebVR is a technology that allows users to enjoy virtual reality from their browsers, without any extra hardware or software.
BR Marketing Group has a team of creative experts who design and promote WebVR experiences that capture the unique essence of each brand. Whether it's a concert, a store, a gallery, or more BR Marketing Group can bring it to life in WebVR.
"Our service stands out because we embrace the future. We know how innovative technologies like WebVR can transform the customer experience," said Andrea Canas, CEO of BR Marketing Group.
- Drake, global superstar, has recently taken his concerts and online store to the next level by adding immersive technology for an interactive virtual experience. He is not alone. Luxury brands and artists are following suit.
- Revenue in the VR Advertising market is projected to reach US$161.70m in 2023, revenue is expected to show an annual growth rate (CAGR 2023-2027) of 2.33%, resulting in a projected market volume of US$177.30m by 2027, according to a recent study.
WebVR is still a new and fast-growing tech, able to give immersive, interactive, awe-inspiring experiences. WebVR also connects with IRL events, enabling users to explore real-world objects, locations, and people through VR.
To get more info on WebVR or work with BR Marketing Group for your next virtual or IRL event, visit us at brmarketgroup.com or call 332-600-4466.
About BR Marketing Group
As one of the first creative agencies to offer WebVR immersive services, BR Marketing Group combines its web development, design, and marketing skills to create amazing VR events that connect the virtual and physical worlds.
BR Marketing Group is a leading luxury brand marketing agency in NYC, led by Andrea Cañas, a visionary Latina leader. She and her team of creative experts' craft captivating and unforgettable marketing experiences that bring out the unique essence of each brand they work with.
View original content to download multimedia:
SOURCE BR Marketing Group
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https://www.kswo.com/prnewswire/2023/07/31/br-marketing-group-launches-webvr-immersive-service-new-way-boost-brand-loyalty-engagement/
| 2023-07-31T21:16:32
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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.
Sen. Katie Britt (R-Ala.) said the base Redstone Arsenal in Alabama was the correct location based on its merits, arguing “Biden has irresponsibly decided to yank a military decision out of the Air Force’s hands in the name of partisan politics.”
“The President’s blatant prioritization of partisan political considerations at the expense of our national security, military modernization, and force readiness is a disservice and a dishonor to his oath of office as our nation’s Commander-in-Chief,” she said in a statement.
Colorado Sen. Michael Bennett (D) joined officials from his state in celebrating Biden’s decision.
“Over the past two and half years, we have repeatedly made the case that the Trump administration’s decision to relocate U.S. Space Command was misguided,” the senator wrote on the platform X, formerly known as Twitter.
“Today’s 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,” he added.
Updated at 5:01 pm ET.
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https://www.wearegreenbay.com/hill-politics/biden-overturns-trump-decision-to-move-space-command-hq-from-colorado-to-alabama/
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Written by Kevin Luna
The Testing Lab’s favorites from July
Our favorite tested products from July
As a consumer, before purchasing any product, it’s a good idea to research as much as you can about it. However, because brand and product claims can exaggerate performance and quality, the most reliable source for determining if a product is worth your time is to look up expert testing reviews.
The BestReviews Testing Lab consistently tests popular consumer products in an attempt to distinguish which ones are the best. For July, we tried many products, including robot vacuums, lawnmowers, golf clubs, hairstyling tools and smart speakers.
Shop this article: Roomba j7+ Self-Emptying Robot Vacuum, Cleveland Huntington Beach Soft 11 Putter and Apple HomePod.
What is the BestReviews Testing Lab?
The BestReviews Testing Lab aims to wade through all the marketing hype and see how well products perform in real-world situations. It consists of regular consumers searching for products that can enhance their lives. We consider items the same way shoppers do, focusing on factors like how easy they are to use, how effective they are and other features that distinguish them from similar products.
The testing lab is also committed to employing green testing practices and giving back to the community. As a result, we donate lightly used products from the testing process to organizations like Lighthouse Community Public Schools, an organization local to our main testing operation that educates students in grades K-12. We’ve recently contributed products like the Keurig K155 Office Pro Commerical Coffee Maker, a Kindle Paperwhite and the “National Geographic Pocket Guide to Reptiles and Amphibians of North America” to support students and educators.
In July, the testing lab evaluated a broad range of products, but two categories, in particular, were a big hit: robot vacuums and putters. We tested many of them to see which ones are best for beginners and experts, and we curated a list of the ones we recommend.
Best Testing Lab products from July
Roomba j7+ Self-Emptying Robot Vacuum
This robot vacuum was a big hit in our testing lab because of its powerful suction that works great on carpet and hard floors, as well as its intuitive smart mapping function that lets you choose which rooms to clean and when. It responds to Alexa voice commands and operates quietly.
Sold by iRobot
Roomba i3+ Evo Self-Emptying Robot Vacuum
We love this robot vacuum for its long-lasting battery life, quick setup and efficiency at picking up small debris, pet hair and dirt particles. It travels in a uniform row pattern while cleaning, works with voice assistants and mapping takes only a few minutes to set up.
Sold by iRobot
This is one of the cheaper iRobot units, but our testing team liked it well enough to recommend it for those who want a solid bargain pick. The three-stage cleaning process is excellent, and Dirt Detect technology allows it to locate the dirtiest spots in your home and prioritize them.
Sold by Walmart
Roomba Combo j7+ Robot Vacuum and Mop
This robot vacuum cleaner offers a mopping function in addition to vacuuming, making it suitable for those with mostly hard floors throughout their homes. The app automatically recognized the unit, making it quick to set up. It’s adept at picking up dirt, pet hair, crumbs and even cat litter.
Sold by iRobot
Our testing team was pleased with this robot vacuum’s suction power and performance on hard floors and carpets. It’s simple to pair with voice assistants such as Alexa, Google Assistant and Siri, and although it doesn’t come with a self-emptying bin, doing it manually is quick and easy.
Sold by iRobot
This was one of the more popular robot vacuums in the testing lab because of its high-powered cleaning cycle and easy-to-use app. It’s highly responsive to basic voice commands such as “Stop Cleaning” through Alexa or Google Assistant, and the automatic dirt disposal works efficiently to empty the reservoir.
Sold by Best Buy
Roomba s9+ Self-Emptying Robot Vacuum
As one of the most powerful robot vacuums, our expert testers recommend it for medium to large homes. It can clean 140 square feet in 37 minutes, and mapping is straightforward to set up. You can give it specific cleaning commands, and it does well at avoiding objects.
Sold by iRobot
The testing lab appreciates this robot vacuum’s breezy setup and the fact that it works at lifting pet hair and dirt particles nearly as effectively as some of the more expensive units. It doesn’t struggle with floor-to-carpet transitions and is a convenient alternative for anyone who struggles with manual vacuuming.
Sold by iRobot
According to our testing team, this robot vacuum runs for 70 minutes on a full charge, and getting it up to full power only takes 1 hour and 45 minutes. Cleaning an apartment of roughly 800 square feet takes approximately 70 minutes, and the iHome app is visually clean and logical to navigate.
Sold by Amazon
The testing lab found it seamless to customize a floor plan for this robot vacuum to follow, and one of the best features is that it shows which areas it was able to clean once it’s finished. You can schedule specific cleaning times and zones, and it can handle corners and hard-to-reach areas.
Sold by Amazon
Cleveland Huntington Beach Soft 11 Putter
The right putter can make a difference on your score sheet at the end of the day, and our testing team can’t recommend this one enough. The grip allows for improved control over the putter head, and the soft face has a prominent sweet spot for more forgiveness on long putts.
Sold by Scheels
Scotty Cameron 2023 Super Select Newport 2.5 Plus Putter
This putter has an outstanding grip with increased tackiness for more control over the club head, and the face is advanced engineered to line up perfectly with the ball for precise putting. The weight is distributed correctly for an improved feel, and it has a large sweet spot.
Sold by Scheels
Scotty Cameron 2022 Phantom X 5.5 Putter
According to our testing team, the best thing about this putter is its large sweet spot that makes even the most off-center hits easier to pull off. The weight and putter face are expertly crafted to let the club do most of the work, making it suitable for low-handicap and mid-handicap players.
Sold by Scheels
TaylorMade TP Hydro Blast Bandon 3 Putter
Although this putter isn’t as forgiving as some of the other fan favorites from July, it’s still a solid choice for novice and intermediate golfers thanks to its mid-size grip and straightforward design. Distance control is manageable thanks to the balanced weighting, and the ball rolls nicely off the face.
Sold by Scheels
The testing lab found this smart speaker among the best when considering sound quality, and as with all Apple products, if you already own others, this speaker integrates seamlessly with them. Spatial audio and room sensing provide a surround sound effect in any room, and you can stream music via Bluetooth or Wi-Fi.
The Fire Max 11 has everything you would expect from a high-quality tablet, including a crisp screen with a 2,000 by 1,200-pixel resolution, a powerful octa-core processor, Wi-Fi 6 support and a durable aluminum build. We love its versatility — it can handle gaming, web surfing and streaming.
Sold by Amazon
This hairstyling tool was a big hit in our testing lab because of its three rotating attachments designed to give you a specific look. The barrel has a button for spinning it on its own, making it more user-friendly than traditional curling irons, and the attachments are simple to pop and switch out.
Sold by Beachwaver
Kindle Scribe Essentials Bundle
The Kindle Scribe is a fantastic tool for avid readers who want something lightweight for reading on the go. The screen and brightness are optimized to make it possible to read under any lighting conditions, and setting up with an existing Amazon account takes less than a minute.
Sold by Amazon
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Kevin Luna writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2023 BestReviews, a Nexstar company. All rights reserved.
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ST. LOUIS, July 31, 2023 /PRNewswire/ -- Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today reported that it set a new quarterly record for net sales in the second quarter of 2023.
Graybar's net sales for the second quarter of this year totaled $2.8 billion, an increase of 4.5% compared to the same period last year. Net income attributable to Graybar for the quarter finished at $124.2 million, a 2.7% decrease from the second quarter of 2022.
For the first half of 2023, the company reported net sales of $5.5 billion, an 8.1% increase compared to the same period last year. Net income attributable to Graybar for the first six months of 2023 increased 8.4% to $249.0 million.
"Thanks to the hard work of our employees, we continue to achieve positive results," said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. "We remain focused on providing exceptional service to our customers every day, while we make strategic investments to transform our business and strengthen our long-term position as an industry leader."
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 325 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.
Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com
View original content to download multimedia:
SOURCE Graybar
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https://www.ktre.com/prnewswire/2023/07/31/graybar-achieves-record-net-sales-second-quarter/
| 2023-07-31T21:16:37
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CARROLLTON, Ky. ( LEX 18) — Students of Carroll County High School will now be required to turn in cell phones before the start of class.
The school announced in a newsletter that it will be implementing the new cell phone policy for the upcoming school year.
With the new policy in place, it will now be mandatory for students to turn in their cell phones to teachers at the start of each class. Carroll County High School says students will regain access to their cellphones during transitional periods and lunch. Teachers will hold phones in clear containers with compartments.
In the newsletter, Carroll County High School states that this new policy plans to "promote better concentration, foster meaningful connections, and boost academic achievement." The school is asking parents and guardians to reinforce the importance of adhering to the policy.
If anyone has any questions or concerns regarding the policy, the school says they should reach out to any administrator or staff member.
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https://www.lex18.com/news/kentucky-high-school-requiring-students-to-turn-in-cell-phones-before-class
| 2023-07-31T21:16:37
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NPR's Sacha Pfeiffer talks with Mahnaz Akbari, former commander of the Afghan military's Female Tactical Platoon, about the Afghan Adjustment Act.
Copyright 2023 NPR
NPR's Sacha Pfeiffer talks with Mahnaz Akbari, former commander of the Afghan military's Female Tactical Platoon, about the Afghan Adjustment Act.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/members-of-an-female-afghan-military-platoon-now-face-uncertain-fate-in-the-u-s
| 2023-07-31T21:16:38
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Total new annualized premiums up 11%; strong capital position
CARMEL, Ind., July 31, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) today reported net income of $73.7 million, or $0.64 per diluted share, in 2Q23 compared to $233.3 million, or $1.99 per diluted share, in 2Q22. Net operating income (1) was $62.3 million, or $0.54 per diluted share, in 2Q23 compared to $135.1 million, or $1.15 per diluted share, in 2Q22.
"Production was strong in both our Consumer and Worksite Divisions, with notable sales increases in Life, Medicare Supplement and Supplemental Health, driven by continued growth in producing agent counts," said Gary C. Bhojwani, chief executive officer.
"Variable investment income results improved sequentially, yet reflect a tough comparable in the second quarter of 2022 when results reached a five-year high. Health claims impacted our results in the quarter. We expect this elevated claims experience to moderate in the second half of the year, based on leading indicators. Our long-term view of the Health business remains positive."
"New money rates were once again strong in the quarter at 6.34%, which drove continued improvement in the earned yield on investments allocated to insurance products. Our consolidated risk based capital (RBC) ratio of 386% was comfortably above our target as was our holding company liquidity of $176 million. Free cash flow generation in the quarter was robust."
Second Quarter 2023 Highlights (as compared to the corresponding period in the prior year where applicable)
- Total Health insurance new annualized premiums ("NAP") (4) up 15%; total Life insurance NAP up 8%
- Medicare Supplement NAP up 29%; Consumer Division field agent-sold Life insurance NAP up 20%
- Consumer Division field producing agent count up 8%; Worksite Division producing agent count up 32%
- Returned $47.4 million to shareholders
- Book value per share was $17.56; book value per diluted share, excluding accumulated other comprehensive loss,(2) was $32.34
- Return on equity ("ROE") of 14.8%; operating ROE, as adjusted,(6) of 8.0%
Adoption of New Accounting Standard
As previously disclosed, we adopted ASU 2018-12 related to targeted improvements to the accounting for long-duration insurance contracts effective January 1, 2023. We selected the modified retrospective transition method except for market risk benefits where we were required to use the full retrospective approach. All prior periods presented herein have been recast in accordance with the new standard. As a result of the adoption of the new guidance, shareholders' equity as of December 31, 2022, increased $368.0 million and was comprised of increases to retained earnings and accumulated other comprehensive income (loss) of $232.2 million and $135.8 million, respectively. Net income and operating earnings (1) for the second quarter of 2022 increased $97.2 million and $35.0 million, respectively. Concurrent with the adoption of the new guidance, we also updated the method of determining non-operating earnings for our fixed indexed annuities to better isolate the volatile non-economic accounting impacts of that line of business.
INSURANCE OPERATIONS
Annuity products accounted for 26 percent of the Company's margin for the quarter and annuity premiums collected decreased 8 percent in 2Q23 compared to 2Q22.
Health products accounted for 48 percent of the Company's insurance margin for the quarter and 63 percent of insurance policy income.
Life products accounted for 26 percent of the Company's insurance margin for the quarter and 36 percent of insurance policy income.
Sales of health products were up 15 percent and sales of life products were up 8 percent in 2Q23 compared to 2Q22.
Total allocated expenses were $149.5 million, down 2 percent from 2Q22.
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The fair value of CNO's available for sale fixed maturity portfolio was $21.0 billion compared with an amortized cost of $23.6 billion. Net unrealized losses were comprised of gross unrealized gains of $106.1 million and gross unrealized losses of $2,710.8 million. The allowance for credit losses was $66.1 million at June 30, 2023.
At both amortized cost and fair value, 94 percent of fixed maturities, available for sale, were rated "investment grade".
Non-Operating Items
Net investment losses in 2Q23 were $31.3 million including the unfavorable change in the allowance for credit losses of $9.9 million which was recorded in earnings. Net investment losses in 2Q22 were $27.1 million including the unfavorable change in the allowance for credit losses of $23.7 million which was recorded in earnings.
During 2Q23 and 2Q22, we recognized a decrease in earnings of $4.0 million and $21.7 million, respectively, due to the net change in market value of investments recognized in earnings.
During 2Q23 and 2Q22, we recognized an increase in earnings of $50.4 million and $160.6 million, respectively, resulting from changes in the estimated fair value of embedded derivative liabilities and market risk benefits related to our fixed indexed annuities. Such amounts include the impacts of changes in market interest rates and equity impacts used to determine the estimated fair values of the embedded derivatives and market risk benefits.
In 2Q22, other non-operating items included an increase in earnings of $14.0 million for the mark-to-market change in the agent deferred compensation plan liability which was impacted by changes in the underlying actuarial assumptions used to value the liability. We recognize the mark-to-market change in the estimated value of this liability through earnings as assumptions change.
Statutory (based on non-GAAP measures) and GAAP Capital Information
Our consolidated statutory risk-based capital ratio was estimated at 386% at June 30, 2023, reflecting estimated 2Q23 statutory operating income of $37 million (and $76 million in the first six months of 2023) and the payment of insurance company dividends (net of capital contributions) to the holding company of $40.5 million during 2Q23 (and $74.7 million in the first six months of 2023).
During 2Q23, we repurchased $30.0 million of common stock under our securities repurchase program (including $0.9 million of repurchases settled in 3Q23). We repurchased 1.4 million common shares at an average cost of $22.28 per share. As of June 30, 2023, we had 113.7 million shares outstanding and had authority to repurchase up to an additional $641.8 million of our common stock. During 2Q23, dividends paid on common stock totaled $17.4 million.
Unrestricted cash and investments held by our holding company were $176 million at June 30, 2023, compared to $167 million at December 31, 2022.
Book value per common share was $17.56 at June 30, 2023 compared to $15.47 at December 31, 2022. Book value per diluted share, excluding accumulated other comprehensive income (loss) (2), was $32.34 at June 30, 2023, compared to $31.89 at December 31, 2022.
The debt-to-capital ratio was 36.3 percent and 39.2 percent at June 30, 2023 and December 31, 2022, respectively. Our debt-to-total capital ratio, excluding accumulated other comprehensive income (loss) (3) was 23.4 percent at both June 30, 2023 and December 31, 2022.
Return on equity for the trailing four quarters ended June 30, 2023 and 2022, was 14.8% and 20.9%, respectively. Operating return, excluding significant items, on equity, excluding accumulated other comprehensive income (loss) and net operating loss carryforwards (6) for the trailing four quarters ended June 30, 2023 and 2022, was 8.0% and 12.7%, respectively.
In this news release, CNO includes non-GAAP measures to enhance investors' understanding of management's view of the business. The non-GAAP measures are not a substitute for GAAP, but rather a supplement to increase transparency by providing broader perspective. CNO's definitions of non-GAAP measures may differ from other companies' definitions. More detailed information including various GAAP and non-GAAP measurements are located at CNOinc.com in the Investors section under SEC Filings.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements within the meaning of federal securities laws. These prospective statements reflect management's current expectations, but are not guarantees of future performance. Accordingly, please refer to CNO's cautionary statement regarding forward-looking statements, and the business environment in which the Company operates, contained in the Company's Form 10-K for the year ended December 31, 2022 and any subsequent Form 10-Q or Form 10-K on file with the Securities and Exchange Commission and on the Company's website at CNOinc.com in the Investors section. CNO specifically disclaims any obligation to update or revise any forward-looking statement because of new information, future developments or otherwise.
EARNINGS RELEASE CONFERENCE CALL WEBCAST:
The Company will host a conference call to discuss results on August 1, 2023 at 11:00 a.m. Eastern Time. During the call, we will be referring to a presentation that will be available at the Investors section of the company's website.
To participate by dial-in, please register at https://www.netroadshow.com/events/login?show=5ac4628b&confId=53584. Upon registering, you will be provided with call details and a registrant ID used to track attendance on the conference call. Reminders will also be sent to registered participants via email.
For those investors who prefer to listen to the call online, we will be broadcasting the call live via webcast. The event can be accessed through the Investors section of the company's website: ir.CNOinc.com. Participants should go to the website at least 15 minutes before the event to register and download any necessary audio software.
ABOUT CNO FINANCIAL GROUP
CNO Financial Group, Inc. (NYSE: CNO) secures the future of middle-income America. CNO provides life and health insurance, annuities, financial services, and workforce benefits solutions through our family of brands, including Bankers Life, Colonial Penn, Optavise and Washington National. Our customers work hard to save for the future, and we help protect their health, income and retirement needs with 3.2 million policies and $34 billion in total assets. Our 3,400 associates, 4,600 exclusive agents and 4,000 independent partner agents guide individuals, families and businesses through a lifetime of financial decisions. For more information, visit CNOinc.com.
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View original content:
SOURCE CNO Financial Group, Inc.
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| 2023-07-31T21:16:39
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GREEN BAY, Wis. (WFRV) – A vehicle crashed into an apartment building on Green Bay’s west side on Monday afternoon.
According to the Green Bay Metro Fire Department, just after noon on Monday, firefighters were sent to the 1400 block of Western Avenue for a report of a vehicle that had crashed into a building.
When crews arrived, firefighters found an SUV inside a first-floor apartment. The driver and passenger were reportedly not injured, and the resident inside the apartment was not home at the time of the crash.
Residents of the building were evacuated until the building could be stabilized. Authorities immediately aided the building with shoring, which is construction beams positioned in the building to prevent any further collapse.
This is the second building in the past two weeks that has been hit by a vehicle, causing damage.
Local 5 News will update this if any information is released.
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| 2023-07-31T21:16:41
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Whether you’re a fan of Food Network or someone who loves to spend time in the kitchen, you know Le Creuset. The French-made cookware brand is known for many things, coming in a wide range of colors. It’s got thick, heavy, enamel-coated cast iron and a lifetime warranty that has turned Le Creuset pieces into heirlooms.
There’s only one thing that’s stopping most of us from having a whole kitchen full of this stuff: the price tag. But now for the good news. We’re in the final week of Nordstrom’s Anniversary Sale, so you still have a few more days to snag up to 45% off select Le Creuset pieces. And yes, that includes some of the iconic Dutch ovens.
Super-high quality … and prices to match (usually)
While the lifetime warranty means that a Le Creuset piece may very well be the last piece in its size and shape you ever need to buy, the prices also reflect that. A single Dutch oven will typically run you several hundred dollars.
However, people love them so much that the quality is worth the price. Celebrity chefs even belove Le Creuset pieces. Ina Garten, the Barefoot Contessa herself, once advised a fan who asked for a Le Creuset recommendation, “I use the Le Creuset #26 Dutch oven more often than everything else. It’s great for soups, stews and braising.” As further proof that you can’t beat the classics, Julia Child was also known to love her Le Creuset cookware.
5 Le Creuset deals you won’t want to miss at Nordstrom’s Anniversary Sale
Le Creuset 4.5-Quart Oval Dutch Oven
Let’s start with a classic. This medium-sized Dutch oven is perfect for a family and can handle most main dishes and sides easily. It’s designed to go from the stovetop to the oven, and its oval shape makes it adaptable for larger cuts of meat, like leg of lamb. You can find it at Nordstrom in seven classic colors.
Sold by Nordstrom
Le Creuset Signature 2.75-Quart Enamel Dutch Oven
This smaller Dutch oven is great for singles, couples or those who need a second vessel for their sides and casseroles. It’s also great for baking and comes in eight colors to suit your kitchen’s aesthetic.
Sold by Nordstrom
Le Creuset 9-Inch Enamel Cast Iron Skillet
This versatile skillet can sear, saute and fry — and it can go from the stove to an oven up to 500 degrees. It comes pre-seasoned and is dishwasher-safe, making it a perfect choice for busy families who need a versatile staple to add to their kitchen.
Sold by Nordstrom
Le Creuset Signature 1.75-Quart Enameled Cast Iron Saucepan
This smaller pot is perfect for poaching eggs and fruit, making sauces and more. Its rounded base and curved interior make it easy to stir whatever’s inside and ensure nothing sticks — making cleanup a breeze.
Sold by Nordstrom
Le Creuset Heritage Rectangle Baking Dishes, Set of Three
For the baker in your family, this set of rectangle dishes — in 7.5, 10 and 12.5 inches — can accommodate any casserole, quiche or baked good. They can be used safely under the broiler or in the microwave, and you can even put them in the freezer.
Sold by Nordstrom
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Christina Marfice writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2023 BestReviews, a Nexstar company. All rights reserved.
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https://www.pahomepage.com/reviews/br/kitchen-br/cookware-br/nordstrom-is-practically-giving-le-creuset-cookware-away-during-its-anniversary-sale/
| 2023-07-31T21:16:42
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These days, there are so many options to watch content online. A Forbes survey found 86% of people pay for more than one streaming service each month.
What if you were scrolling for something to watch on one of those streaming services, and half of the shows and movies were created by artificial intelligence?
Would you want to know which ones were, and which ones weren't?
This isn't a reality yet, but it's a possibility in our future and a big reason why both screenwriters and actors are on strike right now. They want to have rules and guidance surrounding artificial intelligence so they still have jobs in a decade.
Sachin Dharwadker is a Writers Guild of America screenwriter in Los Angeles. He’s written one tv show so far, and was in the final stages of developing his own show when the strike started.
"I think if you go out and ask anyone if they want to watch stuff written by AI or kind of spearheaded by AI, most of them would laugh at that," Dharwadker said. "Most of them would say, like, 'that sounds horrible.' When it comes down to it, I don't think people actually want to watch that. And that's ultimately the question that has to be answered."
Dharwadker says he hopes there will be strict cap on how AI can be used.
"There is not a viable path for it to have like anything more than a supporting role in what we do," Dharwadker said. "Writing is a very difficult profession, and it requires, if you want to make a good story about human experience, you have to be a human. I mean, you just can't be something else."
AI expert Chris Gomes Muffat is the founder of Promptify. It's a service that will soon let you design a template for AI to write a screenplay or novella.
He doesn't believe the need for screenwriters will disappear, but he thinks they will see a major shift in their career.
"I think they will be the one that will prompt the generative AI to produce the story," Muffat said. "And your ability to be a good writer will not be in producing the right content, but rather asking the right question."
Muffat says there will need to be rigorous testing for bias within the AI, but he thinks it will increase productivity.
He also thinks it will open up the screenwriting industry to more people.
"I can compete with Hollywood just because of the technology I have access to," Muffat said.
Whether AI becomes a huge part of the screenwriting experience or not, Dharwadker says he doesn't plan to use it.
In the meantime, while he waits for the unions and Hollywood industry to come to an agreement, he’s exploring other creative avenues to pay the bills like posting a Substack newsletter about the strike and movies he’s watching.
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https://www.lex18.com/news/national/will-artificial-intelligence-take-away-the-need-for-screenwriters
| 2023-07-31T21:16:43
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https://www.lex18.com/news/national/will-artificial-intelligence-take-away-the-need-for-screenwriters
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LA CROSSE, Wisc. (WXOW) - The City of La Crosse has been trying to deal with the ongoing homeless issue, but officials say they have been met with challenges.
Earlier this month the La Crosse City Council voted 11-2 to amend city ordinance 32-5. The amendment has effectively designated city areas, such as parks, as no camping zones. This motion was an attempt the keep the unsheltered population out of public parks.
The city has now taken things a step further by putting up a fence around Cameron Park to better enforce this updated ordinance.
With the new amendment and the fence being put up, the people who were residing in Cameron Park have moved to area parking garages. Which according to La Crosse Parks & Rec. Director Jay Odegaard, is still not an option for them.
"Parking ramps are part of that ordinance where camping is not allowed. We are bringing in some additional support through private security to help enforce this new ordinance."
While supporters of the measure believe that it will improve the overall aesthetic and safety of the park, critics have raised concerns about the vulnerable homeless community who have been living in Cameron Park.
Lorie Theisen, formally homeless, is upset on the alternatives presented to the former park residents.
"What's the solution of closing up a park when nobody has anywhere to stay? One of the options is the old homeless camp before Houska. How's anyone going to get to down there to save someone if they overdose?" Theisen questioned.
As the city moves forward with the enforcement of the amended ordinance the situation is likely to remain a contentious topic of discussion within the La Crosse community.
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https://www.wxow.com/news/amended-city-ordinance-raising-concerns-for-homeless-population/article_e843fbfa-2fdb-11ee-8603-177445c1a1ac.html
| 2023-07-31T21:16:44
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https://www.wxow.com/news/amended-city-ordinance-raising-concerns-for-homeless-population/article_e843fbfa-2fdb-11ee-8603-177445c1a1ac.html
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Published: Jul. 31, 2023 at 3:05 PM CDT|Updated: 1 hour ago
Broadband revenue up 20% and Video SaaS revenue up 58% year over year
SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Harmonic Inc. (NASDAQ: HLIT) today announced its unaudited results for the second quarter of 2023.
"While we achieved double digit year over year Broadband and Video SaaS revenue growth and strong gross margins for the second quarter, we experienced hardware sales delays across our business segments resulting in total revenue that was below our expectations," said Patrick Harshman, president and chief executive officer of Harmonic. "Despite these short-term headwinds, we have the largest backlog in our Company's history and our operating model continued to deliver solid profitability. The strength of our market position was reinforced by several new customer wins which further supports our multi-year growth plan."
Q2 Financial and Business Highlights
Financial
Revenue: $156.0 million, down 1% year over year
Gross margin: GAAP 54.5% and non-GAAP 54.7%, compared to GAAP 52.3% and non-GAAP 52.8% in the year ago period
Operating income: GAAP income $10.0 million and non-GAAP income $18.2 million, compared to GAAP income $15.1 million and non-GAAP income $21.4 million in the year ago period
Net income: GAAP net income $1.6 million and non-GAAP net income of $14.0 million, compared to GAAP net income $14.8 million and non-GAAP net income $17.6 million in the year ago period
Adjusted EBITDA: $21.1 million income compared to $24.3 million income in the year ago period
EPS: GAAP net income per share of $0.01 and non-GAAP net income per share of $0.12, compared to GAAP net income per share of $0.14 and non-GAAP net income per share of $0.16 in the year ago period
Cash: $71.0 million, down $50.8 million year over year
Business
CableOS® solution commercially deployed with 98 customers, serving 21.0 million cable modems, and initial orders received from two new Tier 1 customers
Recognized for the first time as the "cable broadband equipment" market share leader, by the most recent Dell'Oro Group1 report
Signed a follow-on multi-year software contract with an existing Tier 1 customer
Live sports streaming SaaS expansions and new wins drove 58.3% Video SaaS revenue growth year over year
Select Financial Information
Explanations regarding our use of non-GAAP financial measures and related definitions, and reconciliations of our GAAP and non-GAAP measures, are provided in the sections below entitled "Use of Non-GAAP Financial Measures" and "GAAP to Non-GAAP Reconciliations".
Financial Guidance
Conference Call Information
Harmonic will host a conference call to discuss its financial results at 2:00 p.m. PT (5:00 p.m. ET) on Monday, July 31, 2023. The live webcast will be available on the Harmonic Investor Relations website at http://investor.harmonicinc.com. To participate via telephone, please register in advance using this link, https://register.vevent.com/register/BI455acac6063542fb837fd89bddfb1d84. A replay will be available after 5:00 p.m. PT on the same web site.
About Harmonic Inc.
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.
Legal Notice Regarding 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 statements related to our expectations regarding: net revenue, gross margins, operating expenses, operating income (loss), Adjusted EBITDA, tax expense and tax rate, EPS and cash. Our expectations regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include, in no particular order, the following: the market and technology trends underlying our Video and Broadband businesses will not continue to develop in their current direction or pace; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost of revenue or operating expenses may exceed our expectations; the impact of general economic conditions on our sales and operations; the mix of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; our ability to develop new and enhanced products in a timely manner and market acceptance of our new or existing products; losses of one or more key customers; risks associated with our international operations; exchange rate fluctuations of the currencies in which we conduct business; risks associated with our CableOS and VOS product solutions; dependence on various video and broadband industry trends; inventory management; the lack of timely availability or the impact of increases in the prices of parts or raw materials necessary to produce our products; the effect of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business of natural disasters. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in Harmonic's filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K for the year ended December 31, 2022, our most recent Quarterly Report on Form 10-Q and our Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to the Company as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.
Use of Non-GAAP Financial Measures
The Company reports its financial results in accordance with accounting principles generally accepted in the United States ("GAAP" or referred to herein as "reported"). However, management believes that certain non-GAAP financial measures provide management and other users with additional meaningful financial information that should be considered when assessing our ongoing performance. Our management regularly uses our supplemental non-GAAP financial measures internally to understand, manage and evaluate our business, establish operating budgets, set internal measurement targets and make operating decisions.
These non-GAAP measures are not in accordance with, or an alternative for, measures prepared in accordance with generally accepted accounting principles and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. The Company believes that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with Harmonic's results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Harmonic's results of operations in conjunction with the corresponding GAAP measures.
The Company believes that the presentation of non-GAAP measures, when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to its financial condition and its historical and projected results of operations. Non-GAAP financial measures should be viewed in addition to, and not as an alternative to, the Company's reported results prepared in accordance with GAAP.
The non-GAAP measures presented here are: Gross profit, operating expenses, income (loss) from operations, non-operating expenses and net income (loss) (including those amounts as a percentage of revenue), Adjusted EBITDA and net income (loss) per diluted share. The presentation of non-GAAP information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP, and is not necessarily comparable to non-GAAP results published by other companies. A reconciliation of the historical non-GAAP financial measures discussed in this press release to the most directly comparable historical GAAP financial measures is included with the financial statements provided with this press release. The non-GAAP adjustments described below have historically been excluded from our GAAP financial measures.
Our non-GAAP financial measures reflect adjustments based on the following items, as well as the related income tax effects:
Stock-based compensation - Although stock-based compensation is a key incentive offered to our employees, we continue to evaluate our business performance excluding stock-based compensation expenses. We believe that management is limited in its ability to project the impact stock-based compensation would have on our operating results. In addition, for comparability purposes, we believe it is useful to provide a non-GAAP financial measure that excludes stock-based compensation in order to better understand the long-term performance of our core business and to facilitate the comparison of our results to the results of our peer companies.
Restructuring and related charges - Harmonic from time to time incurs restructuring charges which primarily consist of employee severance, one-time termination benefits related to the reduction of its workforce, lease exit costs, and other costs. These charges are associated with material business shifts. We exclude these items because we do not believe they are reflective of our ongoing long-term business and operating results.
Non-cash interest expense and other expenses related to convertible notes and other debt - We record the amortization of issuance costs as non-cash interest expense. We believe that excluding these costs provides meaningful supplemental information regarding operational performance and liquidity, along with enhancing investors' ability to view the Company's results from management's perspective. In addition, we believe excluding these costs from the non-GAAP measures facilitates comparisons to our historical operating results and comparisons to peer company operating results.
Gain and losses on equity investments - We exclude the gain and losses from the sale of our equity investments in calculating our non-GAAP financial measures. We exclude these items because we do not believe they are reflective of our ongoing long-term business and operating results.
Discrete tax items and tax effect of non-GAAP adjustments - The income tax effect of non-GAAP adjustments relates to the tax effect of the adjustments that we incorporate into non-GAAP financial measures in order to provide a more meaningful measure of non-GAAP net income.
Depreciation - Depreciation expense, along with interest, tax and stock-based compensation expense, and restructuring charges, is excluded from Adjusted EBITDA because we do not believe depreciation and the other items relate to the ordinary course of our business or are reflective of our underlying business performance.
Non-recurring advisory fees - There were non-recurring costs that we excluded from non-GAAP results relating to professional accounting, tax and legal fees associated with strategic corporate initiatives, including assessing corporate structure and organization, as we seek to optimize value for our business.
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.ktre.com/prnewswire/2023/07/31/harmonic-announces-second-quarter-2023-results/
| 2023-07-31T21:16:43
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LA CROSSE, Wis. (WXOW) - Police are investigating a body found in La Crosse on Saturday.
According to the La Crosse Police Department, at approximately 9:05 a.m., police responded to a complainant at Cunningham and Harvey Streets. They were walking their dog and came upon a deceased female near Bud Hendrickson Trail.
An autopsy was scheduled for Monday, July 31.
In a statement from the La Crosse Police Department, the investigation is still in the preliminary stages.
"We cannot share other details regarding the investigation We will update the community as we get more information that can be shared."
Have a story idea? Let us know here
Watch more on WXOW wherever you are
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Use this link to find out more about all the WXOW apps available.
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https://www.wxow.com/news/police-are-investigating-a-body-found-near-bud-hendrickson-trial/article_430f0002-2fe1-11ee-bc17-17cfbca895bf.html
| 2023-07-31T21:16:44
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https://www.wxow.com/news/police-are-investigating-a-body-found-near-bud-hendrickson-trial/article_430f0002-2fe1-11ee-bc17-17cfbca895bf.html
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This article was written by a human.
That's worth mentioning because it's no longer something you can just assume. Artificial intelligence that can mimic conversation, whether written or spoken, has been in the news a lot this year, delighting some members of the public while worrying educators, politicians, the World Health Organization, and even some of the people developing AI technology.
Misuse of AI is part of what actors and writers are striking about in Hollywood, and the threat of AI is something Hollywood was imagining long before it was real.
In 1968, for instance, the year before humans first set foot on the moon — and a time when astronauts still used pencils and slide rules to calculate re-entry trajectories because their space capsules had less computing power than a digital watch has today — Stanley Kubrick introduced movie audiences to a sentient HAL-9000 computer in 2001: A Space Odyssey.
HAL (for Heuristically Programmed Algorithmic Computer) introduced itself early in the film by saying, "No 9000 computer has ever made a mistake or distorted information. We are all, by any practical definition of the words, foolproof and incapable of error."
'Open the pod bay door, HAL'
So why was HAL acting so strangely? He (it?) was responsible for maintaining all aspects of a months-long space flight, ferrying astronauts to the moons of Jupiter. Programmed to run the mission flawlessly, the computer's behavior had become alarming, and two of the astronauts had decided to shut down some of its functions. Their plan was short-circuited when HAL, lip-reading a conversation they'd managed to keep him from hearing, cast one of them adrift while he was outside the ship repairing an antenna and refused to let the other back on board.
"Open the pod bay door, HAL" became one of the most quoted film lines of the decade when the computer responded, "I'm sorry, Dave, I'm afraid I can't do that. This mission is too important for me to allow you to jeopardize it."
It's hard to articulate what a genuine shock this was for 1960s movie audiences. There'd been films with, say, robots causing havoc, but they were generally robots doing someone else's bidding. Movie robots, at that point, were about brawn, not brain.
And anyway, malevolent robot stories were precisely the sort of B-movie silliness Kubrick was trying to avoid. So his intelligent machine simply observed (with an unblinking red eye) and, when addressed directly, spoke with a calm, modulated voice, not unlike the one that would be adopted four decades later by Siri and Alexa.
Darwin Among the Machines
Earlier literary notions of "artificial" intelligence — and there were not a lot of them at that point — hadn't really caught the public's imagination. Samuel Butler's 1863 article Darwin Among the Machines, is generally thought to be the origin of this species of writing, and it mostly just notes that while humankind invented machines to assist us — and remember, a really sophisticated machine in 1863 was the steam locomotive — we were increasingly assisting them: tending, fueling, repairing.
Over tens of thousands of years, Butler wondered, might humans not evolve in much the same way Darwin's study of natural selection had just established the rest of the plant and animal kingdoms do, to the point that we would become dependent on our devices?
But even when he incorporated that idea a decade later into a satirical novel called Erewhon, expounding for several chapters on self-replicating machines, Butler barely touched on the notion that those machines would develop consciousness. And neither did the influential 19th-century science fiction writers who followed him. H.G. Wells and Jules Verne invented plenty of unorthodox devices as they sent characters to the center of the Earth, and into space and the recesses of time, without ever considering that those devices might want to do things on their own.
The term "artificial intelligence" wasn't even coined (by American computer scientist John McCarthy) until about a dozen years before Kubrick made his Space Odyssey. But HAL made an impression on the public where scientists had not. Within just a couple of years, movie computers didn't just want spaceship domination; in Colossus: The Forbin Project (1970), they wanted to take over the world.
Malignant machines gone viral
And then this notion of technology-run-wild, ran wild. A high school student played by Matthew Broderick nearly started World War III in WarGames (1983) when he thought he was hacking a computer company's website but accidentally challenged the Pentagon's defense network to a quick game of "global thermonuclear war." The problem, it soon became clear, was that no one told the defense network they were just "playing."
Elsewhere, mechanical men stopped being all-brawn and got a new dispensation to think for themselves, something fiction had granted them before Hollywood got around to it.
In the 1940s, sci-fi novelist Isaac Asimov came up with "Three Laws of Robotics" that would theoretically keep "independent" machines in line. When Asimov's story I, Robot, was turned into a film a half-century or so later, those laws should have reassured Will Smith as he stared down thousands of bots. But he had good reason to be skeptical; he was fighting a robot rebellion.
The Terminator movies effectively put all these themes on steroids — cyborgs in the service of a computerized, sentient, civil-defense network called Skynet, designed to function without any human input. A "Nuclear Fire" and three billion human deaths later, what was left of humanity was engaged in a war against the machines that has so far consumed six films, a TV series, a pair of web series, and innumerable games.
And nuclear blasts weren't necessary to make machine intelligence alarming, a fact cyberpunk-noir established definitively in Blade Runner with its "replicants," and in a Matrix series that reduced all of humanity to a mere power source for machines.
Hollywood's still fighting that vision. Who knows what "The Entity" wants in Mission Impossible: Dead Reckoning (presumably we'll find out next year in Part Two), but whatever it is, it won't bode well for humanity.
Hollywood concentrates on exploiting our fears — in the late 20th century, we worried about ceding control to technology. In the 21st century, we worry about losing control of technology.
It seems not to have occurred to Tinseltown that AI might do the things it's actually doing — make social media dangerous, or make undergrad writing courses unteachable, or screw up relationships by auto-completing incorrectly. None of those are terribly cinematic, so Hollywood concentrates on exploiting our fears — in the late 20th century, we worried about ceding control to technology. In the 21st century, we worry about losing control of technology.
Bring on the droids
Have there also been friendlier film visions of AI? Sure. George Lucas came up with lovable droids R2-D2 and C-3PO for Star Wars, and Pixar gave us Wall-E, a bot who was pluckily determined to clean up an entire planet we'd despoiled.
Spike Jonze's drama Her imagined a sentient, Siri-like personal assistant as a digital girlfriend. Star Trek's Data was not just a Next Generation android version of Mr. Spock, but also a sort of emotion-challenged Pinocchio.
And another Pinocchio — this one fashioned to stand the test of time — would have been Stanley Kubrick's own answer to the question he'd posed with HAL in 1968.
Kubrick labored for decades to hone the script for A.I. Artificial Intelligence, then just two years before he died, handed the project off to Steven Spielberg — the story of David, a robot child who has been programmed to love, and who ends up going beyond that programming.
"Until you were born," William Hurt's Professor Hobby told the bionic child he'd modeled on his own son, "robots didn't dream, robots didn't desire unless we told them what to want." The miracle, he went on, was that though David was engineered rather than born, he shared with humans "the ability to chase down our dreams...something no machine has ever done, until you."
That may not have been enough to make David a real boy, but it put a gentle face on what is perhaps our greatest fear about AI – that we are mortal, and it is not.
In the film, David outlives all of humanity, never growing up, never changing. And perhaps because he was played by Haley Joel Osment, or perhaps because Spielberg was calling the shots, or perhaps because the music swelled ... just so — it didn't feel the least bit threatening.
Copyright 2023 NPR. To see more, visit https://www.npr.org.
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https://www.iowapublicradio.org/2023-07-31/open-the-pod-bay-door-hal-heres-how-ai-became-a-movie-villain
| 2023-07-31T21:16:45
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For Q2 2023, revenue increased 15% to $19.4 million and customer locations increased 7% to 124,000. Q2 net loss dropped 75% from $3.9 million in Q2 2022 to $978,000 in Q2 2023, and ARR* for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
TORONTO , July 31, 2023 /PRNewswire/ - Givex Corp. ("Givex") (TSX: GIVX) (OTCQX: GIVXF), is pleased to present its financial results for the three-month period and six-month period ending June 30, 2023.
Givex reports in Canadian dollars and in accordance with International Financial Reporting Standards ("IFRS").
"In Q2 2023, Givex continued to increase adjusted EBITDA by increasing gross profit and keeping a tight rein on payroll costs," said Don Gray, CEO of Givex. "Net loss decreased 75%, from $3.9 million to $978,000. We are working hard to continue this trend for the rest of the year."
Second Quarter Financial Highlights
Three-month period ending June 30, 2023 (with comparisons relative to the three-month period ending June 30, 2022)
- Revenue increased $2.6 million from $16.8 million to $19.4 million, 15% growth.
- Gross Profit increased $1.9 million from $12.2 million to $14.1 million, 16% growth.
- Adjusted EBITDA*** increased $0.7 million from $1.0 million to $1.7 million, 69% growth.
- Net Loss decreased $2.9 million from $3.9 million to $978,000, 75% decrease.
- Total Gross Transactional Value**** increased approximately $0.35 billion from $1.77 billion to $2.12 billion, 20% growth.
- POS Gross Transactional Value***** increased approximately $128 million from $347 million to $474 million, 37% growth.
- Customer Locations****** increased approximately 8,000, from 116,000 to 124,000, 7% growth.
Six-month period ending June 30, 2023 (with comparisons relative to the six-month period ending June 30, 2022)
- Revenue increased $5.4 million from $33.2 million to $38.6 million, 16% growth.
- Gross Profit increased $4.2 million from $23.1 million to $27.3 million, 18% growth.
- Adjusted EBITDA*** increased $0.4 million from $2.3 million to $2.7 million, 18% growth.
- Net Loss decreased $4.3 million from $6.5 million to $2.2 million, 66% decrease.
- Total Gross Transactional Value**** increased approximately $0.65 billion from $3.05 billion to $3.7 billion, 21% growth.
- POS Gross Transactional Value***** increased approximately $295 million from $584 million to $879 million, 51% growth.
Operational Highlights
- Payroll costs are the key focus to improved EBITDA and positive net earnings. For the 12-month periods ending June 30, 2023 and 2022, Employee Compensation******* as a % of Gross Profit was 53% and 54%, respectively. The company believes that its ability to reduce Employee Compensation as a % of Gross Profit is an indicator of its success in managing costs and profitability.
- ARR* (which is both recurring and reoccurring revenue) for TTM** increased $11.8 million from $59.3 million as at June 30, 2022 to $71.1 million as at June 30, 2023, growth of 20%.
More Information
Additional financial information, such as the audited annual Consolidated Financial Statements, Management's Discussion and Analysis of Financial Condition and Results of Operations, and Annual Information Form, is available on SEDAR+ at www.sedarplus.ca.
More information about Givex, including the Management Presentation and Overview, are posted on the company's investor relations website at investors.givex.com.
About Givex
The world is changing. Givex is ready. Since 1999, Givex has provided technology solutions that unleash the full potential of engagement, creating and cultivating powerful connections that unite brands and customers. With a global footprint of 124,000+ active locations across more than 100 countries, Givex unleashes strategic insights, empowering brands through reliable technology and exceptional support. Givex's integrated end-to-end management solution provides Gift Cards, GivexPOS, Loyalty Programs and more, creating growth opportunities for businesses of all sizes and industries. Learn more about how to streamline workflows, tackle complex challenges and transform data into actionable insights at www.givex.com.
Non-IFRS Measures and Reconciliation of Non-IFRS Measures
The information presented includes certain financial measures such as "Adjusted EBITDA" (see below for definition), which are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. These non-IFRS measures are used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors, and other interested parties frequently use non-IFRS measures in the evaluation of issuers. Our management also uses non-IFRS measures to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation.
Forward Looking Statements
This press release contains forward-looking information. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such statements are made, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to, the risk factors described under the "Risk Factors" section in the Annual Information Form (AIF) dated March 21, 2023, available on SEDAR+ at www.sedarplus.ca and other filings with the Canadian securities regulatory authorities. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, prospective investors should not place undue reliance on forward-looking information, which speaks only as of the date made. See "Cautionary Note Regarding Forward-Looking Information" in the Filing Statement.
Additional Notes
*ARR is defined as Annual Recurring Revenue, which is both recurring and reoccurring revenue.
**TTM is trailing twelve months from the defined period.
***Adjusted EBITDA is defined as net profit (loss) excluding interest, taxes, depreciation and amortization ("EBITDA") as adjusted for share-based compensation and related expenses, foreign exchange gains and losses and transaction-related expenses including those related to going public and acquisitions.
****Gross transaction volume ("GTV") means the total dollar value of stored and point-of-sale ("POS") transactions processed through our cloud-based SaaS platforms in the period, net of refunds, inclusive of shipping and handling, duty, and value-added taxes. We believe GTV is an indicator of the success of our customers and the strength of our platforms. GTV does not represent revenue earned by us.
*****POS gross transactional volume ("POS GTV") means the total dollar value point-of-sale ("POS") transactions processed through GivexPOS, our cloud-based POS SaaS platform, in the period net of refunds, inclusive of shipping and handling, duty and value-added taxes. We believe POS GTV is an indicator of the success of our customers and the strength of our platforms. POS GTV does not represent revenue earned by us.
******Customer Location means a billing customer location for which the term of services has not ended, or with which we are negotiating a renewal contract. It includes both merchant locations that have transactions processed through our cloud-based SaaS platform, as well as merchant locations not on our platform but for which we provide other Givex services. A single unique customer can have multiple Customer Locations including physical and eCommerce sites. We believe that our ability to increase the number of Customer Locations served by our platform and products is an indicator of our success in terms of market penetration and growth of our business.
*******Employee Compensation as a % of Gross Profit means the total employee compensation for a period divided by the gross profit for the same period. Employee Compensation means total employee compensation including salaries and benefits, excluding both government assistance and share-based compensation. Gross Profit means revenue less direct cost of revenue.
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GILLETT, Wis. (WFRV) – Authorities in Oconto County have identified the 43-year-old man that suffered fatal injuries from a crash on Wednesday, July 26.
According to the Oconto County Sheriff’s Office, the victim of the crash was identified as Shawn Luther from Bonduel.
On July 26, shortly after 9:15 p.m., authorities responded to a two-vehicle crash on US 22 and County Highway P in Gillett.
Preliminary investigations reveal that a car, driven by an 18-year-old man from Krakow, was heading northbound on US 22 and was reportedly passing a semi in the other lane of traffic when it smashed into a motorcycle head-on.
Luther reportedly died at the scene of the crash, while the 18-year-old was taken to a local hospital for minor injuries. The 37-year-old driver of the semi was unharmed.
No additional details were provided.
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https://www.wearegreenbay.com/news/local-news/victim-identified-from-deadly-head-on-collision-in-oconto-county/
| 2023-07-31T21:16:47
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https://www.wearegreenbay.com/news/local-news/victim-identified-from-deadly-head-on-collision-in-oconto-county/
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Which kids bento boxes are best?
Bento boxes are of Japanese origin and have been used for centuries by adults and kids alike. They are becoming a popular choice for kids lunch boxes across the country due to their simplicity, aesthetic and convenience. You can definitely pack your kid a smile-inducing lunch consisting of all their favorite foods if you swap them over to one. We tested our top pick, the Bentgo Kids Lunch Box, and have all the insights you need below.
Shop this article: Bentgo Kids Lunch Box, Munchkin Bento Box and Kinsho Bento Box for Kids.
Kids bento boxes vs. bento boxes for adults
Like traditional lunch boxes, bento boxes for kids come in a variety of fun styles and colors. They are great for inspiring a sense of wonder or style in your child. Plus, kids’ bento boxes are extra convenient for parents because the compartments are smaller to help gauge food portions. Kids bento boxes are also often easier to clean and dishwasher-safe.
Number of compartments
When picking any bento box, look out for how many compartments it contains. Depending on how much food your child normally eats, you can pick a bento box with fewer or more compartments. Be on the lookout for bento boxes with versatile compartments too, such as a compartment for soup. A more versatile bento box can lead to a happier kid, as you can accommodate their favorite foods.
What to look for in a quality kids bento box
- Durability: As with buying anything for a child, make sure the bento box is durable. Most boxes for kids are drop-proof and come with rubber padding around the exterior.
- Leakproof: Most pack their kid’s bento box in a school bag. To do this without worrying, find a leakproof bento box. No matter what type of food you pack for your child’s lunch, a leakproof lid and a tight seal give you peace of mind.
- Separate compartments: Many kids are picky eaters that don’t appreciate their foods mingling together. Bento boxes, by nature, contain several compartments meant to keep food fresh and separate. However, some boxes have a bit of space between the walls of the compartments and the lid. This can allow food to slosh around a bit.
- Easy to clean: Kids are notoriously messy eaters, so you want a bento box that’s easy to clean. Most are dishwasher-safe, but some plastic bento boxes can stain and retain residual odors over time, or warp in the dishwasher.
- Cost: Kids bento boxes can range from $20-$35.
Kids bento box FAQ
Do kids bento boxes keep food warm?
A. Most bento boxes for kids don’t retain heat. If you want to ensure that your child has a warm lunch, consider buying a stainless steel bento box from a trusted bento brand such as Zojirushi.
Are kids bento boxes dishwasher-safe?
A. Most are, but check the manufacturer’s instructions before putting one in the dishwasher. Some are only top-rack safe. Others have attached parts that aren’t machine washable.
Best kids bento box
What you need to know: We tested this product and found it the top choice for parents of younger kids.
What you’ll love: Our tester found the seal to be strong enough to stay closed but not so strong that a toddler can’t get it opened. It has five compartments of varying sizes and our tester’s child loved the designs. It’s dishwasher-safe.
What you should consider: Our tester found some slight leakage when only water was inside. But, it’s leakproof against thicker liquids such as sauces.
Where to buy: Sold by Amazon
Best kids bento box for the money
What you need to know: This plastic bento from Munchkin is great for kids aged 6-8.
What you’ll love: This bento box is durable and comes in a few different color options.
What you should consider: Some parents have said that this box is too heavy for younger toddlers to use.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This bento box from Kinsho is a solid option for kids of all ages thanks to its handy, leakproof lid.
What you’ll love: This set includes two stackable bento boxes with three compartments each, so a grand total of six compartments for food. They are durable and the leakproof lid works well.
What you should consider: These are marketed as dishwasher safe, but should be hand washed. The lid’s seal is strong and may be difficult for younger kids to open on their own.
Where to buy: Sold by Amazon
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Addison Hoggard writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2023 BestReviews, a Nexstar company. All rights reserved.
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https://www.pahomepage.com/reviews/br/kitchen-br/lunch-boxes-br/best-kids-bento-box/
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13% Sequential Revenue Growth Including 10% Organic
Maintains Strong Balance Sheet Post-Acquisitions of Atreus and businessfourzero
CHICAGO, July 31, 2023 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles", "Heidrick" or the "Company") announced financial results for its second quarter ended June 30, 2023.
Second Quarter Highlights:
- Net revenue of $271.2 million increased 13% sequentially, 10% organically
- Operating income of $13.6 million decreased $4.2 million sequentially and operating margin was 5.0%
- Adjusted operating income of $20.8 million increased 17% sequentially and adjusted operating margin was 7.7%
- Adjusted EBITDA of $36.4 million increased 33% sequentially and adjusted EBITDA margin was 13.4%
- Net income was $9.0 million and diluted earnings per share was $0.44; adjusted net income was $15.0 million and adjusted diluted earnings per share was $0.73
"We are very pleased with the second quarter results which included the first full quarter of results from our recent acquisition of Atreus Group ("Atreus") in our On-Demand Talent segment, as well as the results from businessfourzero ("B4Z") in our Heidrick Consulting segment. Even before the positive effects of these acquisitions, each of our lines of business demonstrated organic sequential growth, despite ongoing macro uncertainty and an anticipated return to more normalized levels of business performance. This validates our focus on the steadfast execution of our strategy while maintaining strong profitability," stated Heidrick & Struggles' President and Chief Executive Officer, Krishnan Rajagopalan. "Importantly, the integrations of both our recent acquisitions are progressing smoothly. We are advancing our diversification strategy while continuing to make appropriate investments in our digital capabilities and technologies throughout the company. These initiatives are aimed at providing our clients with the next generation of talent and leadership advisory services, enabling them to achieve higher performance through their leaders and teams in an ever-evolving business landscape."
2023 Second Quarter Results
Consolidated net revenue of $271.2 million compared to record consolidated net revenue of $298.7 million in the 2022 second quarter. Consolidated financial results include the first full quarter of contribution from the Company's recent acquisitions of Atreus and B4Z.
On a sequential basis, 2023 second quarter net revenue increased 13.3% from the 2023 first quarter, 10% of that growth was organic, as the Company experienced growth in Executive Search driven by the Americas and Europe markets, partially offset by a decline in the Asia Pacific market, along with sequential revenue growth in Heidrick Consulting and On-Demand Talent. 2023 second quarter adjusted operating income increased 17.2% and adjusted operating margin increased 30 basis points to 7.7% compared to 7.4% in the 2023 first quarter. Adjusted EBITDA of $36.4 million in the 2023 second quarter increased 33% sequentially and adjusted EBITDA margin increased 190 basis points to 13.4% compared to 11.5% in the 2023 first quarter. 2023 second quarter adjusted net income was $15.0 million compared to $15.6 million in the 2023 first quarter. This generated adjusted diluted earnings per share in the 2023 second quarter of $0.73 compared to $0.76 in the 2023 first quarter.
Executive Search net revenue of $206.8 million compared to net revenue of $253.9 million in the 2022 second quarter reflecting an anticipated market slowdown combined with a return to more normalized operating levels. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 0.3%, or $0.8 million, net revenue decreased 18.2%, or $46.3 million, from the 2022 second quarter. Net revenue decreased 21.3% in the Americas (down 21.2% on a constant currency basis), decreased 5.3% in Europe (down 6.1% on a constant currency basis), and decreased 23.9% in Asia Pacific (down 20.5% on a constant currency basis) when compared to the prior year second quarter. The Social Impact and Industrial practice groups exhibited growth over the prior year.
The Company had 423 Executive Search consultants at June 30, 2023, compared to 388 at June 30, 2022. Productivity, as measured by annualized Executive Search net revenue per consultant, was $1.9 million compared to $2.6 million in the 2022 second quarter, reflecting a higher number of consultants combined with lower revenue. Average revenue per executive search was approximately $143,000 compared to $153,000 in the prior year period. The number of search confirmations decreased 12.7% compared to the year-ago period.
On-Demand Talent net revenue of $39.2 million, an increase of 75.5% compared to net revenue of $22.4 million in the 2022 second quarter, primarily due to the acquisition of Atreus, partially offset by a decrease in the volume of legacy on-demand projects.
Heidrick Consulting net revenue of $25.2 million compared to net revenue of $22.4 million in the 2022 second quarter. The Company had 89 Heidrick Consulting consultants at June 30, 2023, compared to 66 at June 30, 2022.
Consolidated salaries and benefits decreased $28.8 million, or 13.9%, to $178.9 million compared to $207.7 million in the 2022 second quarter. Year-over-year, fixed compensation expense increased $18.8 million due to base salaries and payroll taxes, the deferred compensation plan, reorganization, and retirement and benefits, as well as the acquisitions of Atreus and B4Z, partially offset by a decrease in stock compensation. Variable compensation decreased $47.6 million due to lower bonus accruals related to decreased consultant productivity. Salaries and benefits expense was 66.0% of net revenue for the quarter compared to 69.5% in the 2022 second quarter.
General and administrative expenses increased $5.3 million, or 15.1%, to $40.5 million compared to $35.2 million in the 2022 second quarter. The increase was due to intangible amortization and accretion, office occupancy, IT, and taxes and licenses, partially offset by a decrease in business development travel. As a percentage of net revenue, general and administrative expenses were 14.9% for the 2023 second quarter compared to 11.8% in the 2022 second quarter.
The Company's cost of services was $25.3 million, or 9.3% of net revenue for the quarter, compared to $17.4 million, or 5.8% of net revenue in the 2022 second quarter. This related to an increase in the volume of On-Demand Talent projects driven by the acquisition of Atreus.
The Company's research and development expenses were $5.7 million, or 2.1%, of net revenue for the quarter compared to $4.5 million, or 1.5%, of net revenue for the second quarter 2022.
In the 2023 second quarter, the Company recorded a non-cash goodwill impairment charge of $7.2 million associated with the Company's Heidrick Consulting segment. In the 2022 fourth quarter, the Company conducted its most recent annual goodwill impairment evaluation, which indicated that the carrying value of the Heidrick Consulting reporting unit was less than its fair value. During the 2023 second quarter, the Company acquired B4Z and recorded approximately $7.1 million of goodwill in the Heidrick Consulting reporting unit. Due to the inclusion of goodwill in a reporting unit with a pre-existing fair value shortfall, the Company identified a triggering event and performed an interim goodwill impairment evaluation during the 2023 second quarter, which resulted in the impairment of the recently acquired B4Z goodwill.
Including the previously mentioned non-cash impairment charge, operating income was $13.6 million for the quarter compared to $33.9 million in the 2022 second quarter. Operating income margin was 5.0% versus 11.3% in the 2022 second quarter. Excluding the non-cash impairment charge, adjusted operating income in the 2023 second quarter was $20.8 million and adjusted operating margin was 7.7%.
Adjusted EBITDA was $36.4 million compared to $36.8 million in the 2022 second quarter. Adjusted EBITDA margin was 13.4%, compared to 12.3% in the 2022 second quarter. In Executive Search, adjusted EBITDA was $53.9 million compared to $52.3 million in the prior year period. In On-Demand Talent, adjusted EBITDA was $2.6 million versus $0.6 million in the prior year period. In Heidrick Consulting, adjusted EBITDA was a loss of $1.6 million compared to a loss of $0.1 million in the prior year period.
Net income was $9.0 million and diluted earnings per share was $0.44, with an effective tax rate of 46.8%. This compares to net income of $24.1 million and diluted earnings per share of $1.19, with an effective tax rate of 30.9% in the 2022 second quarter. Excluding the non-cash impairment charge recorded in the 2023 second quarter, adjusted net income was $15.0 million and adjusted diluted earnings per share was $0.73, with an adjusted effective tax rate of 37.7%.
Net cash provided by operating activities was $46.9 million, compared to $82.7 million in the 2022 second quarter. Cash, cash equivalents and marketable securities at June 30, 2023 was $239.0 million compared to $336.6 million at June 30, 2022 and $621.6 million at December 31, 2022. The Company's cash position typically builds throughout the year as employee bonuses are accrued, mostly to be paid out in the first half of the year.
2023 Six Months Results
For the six months ended June 30, 2023, consolidated net revenue was $510.5 million compared to $582.6 million in the first six months of 2022. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 1.0%, or $6.1 million, consolidated net revenue decreased 11.3%, or $65.9 million, compared to the prior year period.
Executive Search net revenue in the first six months of 2023 decreased 20.0%, or $99.2 million, to $397.3 million from $496.5 million in the first six months of 2022. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 1.0%, or $5.1 million, net revenue decreased 19.0%, or $94.1 million. Net revenue decreased 21.5% in the Americas (decreased 21.3% on a constant currency basis), decreased 13.7% in Europe (decreased 11.3% on a constant currency basis), and decreased 21.9% in Asia Pacific (decreased 18.0% on a constant currency basis). Only the Social Impact and Industrial practice groups exhibited growth over the prior year. Productivity was $1.9 million for the first six months of 2023 compared to $2.6 million in the first six months of 2022. The average revenue per executive search was $133,000 in the first six months of 2023 compared to $137,000 the same period in 2022, while search confirmations decreased 17.6%.
On-Demand Talent net revenue in the first six months of 2023 was $70.4 million compared to $45.7 million in the same period of 2022. The increase in net revenue was primarily driven by the acquisition of Atreus, as well as an increase in the volume of legacy on-demand projects.
Heidrick Consulting net revenue in the first six months of 2023 increased 6.3%, or $2.5 million, to $42.9 million from $40.4 million in the first six months of 2022. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 2.0%, or $0.8 million, Heidrick Consulting revenue increased 8.3%, or $3.3 million, compared to the prior year period.
Operating income for the first six months of 2023 was $31.4 million compared to operating income of $64.1 million in the same period of 2022. The operating income margin was 6.1% compared to 11.0% in the first six months of 2022. Excluding the non-cash impairment charge recorded in the 2023 year-to-date period, adjusted operating income was $38.6 million and adjusted operating income margin was 7.6%.
Adjusted EBITDA for the first six months of 2023 was $63.8 million and adjusted EBITDA margin was 12.5%, compared to adjusted EBITDA of $72.5 million and adjusted EBITDA margin of 12.4% for the same period in 2022. In Executive Search, adjusted EBITDA was $102.3 million compared to $104.2 million in the prior year period. In On-Demand Talent, adjusted EBITDA was $1.2 million versus $0.9 million in the prior year period. In Heidrick Consulting, adjusted EBITDA was a loss of $4.3 million compared to a loss of $1.9 million in the prior year period.
Net income for the first six months of 2023 was $24.6 million and diluted earnings per share was $1.19, with an effective tax rate of 38.1%. This compares to net income of $42.6 million and diluted earnings per share of $2.08, with an effective tax rate of 32.2%, in the first six months of 2022. Excluding the restructuring charge recorded in the 2023 year-to-date period, adjusted net income was $30.6 million and adjusted diluted earnings per share was $1.48 with an adjusted effective tax rate of 34.8%.
Dividend
The Board of Directors declared a 2023 second quarter cash dividend of $0.15 per share payable on August 25, 2023, to shareholders of record at the close of business on August 11, 2023.
2023 Third Quarter Outlook
The Company expects 2023 third quarter consolidated net revenue of between $245 million and $265 million, which reflects typical summer seasonality, while acknowledging that continued fluidity in external factors, such as the foreign exchange and interest rate environments, foreign conflicts, inflation and macroeconomic constraints on pricing actions, may impact quarterly results. In addition, this outlook is based on the average currency rates in June 2023 and reflects, among other factors, management's assumptions for the anticipated volume of new Executive Search confirmations, On-Demand Talent projects, and Heidrick Consulting assignments, consultant productivity, consultant retention, and the seasonality of the business along with the current backlog.
Quarterly Webcast and Conference Call
Heidrick & Struggles will host a conference call to review its second quarter results today, July 31, 2023 at 5:00 pm Eastern Time. Participants may access the Company's call and supporting slides through its website at www.heidrick.com or by dialing (888) 440-4091 or (646) 960-0846, conference ID# 6106012. For those unable to participate on the live call, a webcast and copy of the slides will be archived at www.heidrick.com and available for up to 30 days following the investor call.
About Heidrick & Struggles International, Inc.
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 65 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time. ® www.heidrick.com
Non-GAAP Financial Measures
To supplement the financial results presented in accordance with generally accepted accounting principles in the United States ("GAAP"), Heidrick & Struggles presents certain non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of comprehensive income, balance sheets or statements of cash flow of the Company.
Non-GAAP financial measures used within this earnings release are adjusted operating income, adjusted operating income margin, adjusted net income, adjusted diluted earnings per share, adjusted effective tax rate, adjusted EBITDA, adjusted EBITDA margin, and consolidated net revenue excluding the impact of exchange rate fluctuations. These measures are presented because management uses this information to monitor and evaluate financial results and trends. Management believes this information is also useful for investors to evaluate the comparability of financial information presented. Reconciliations of these non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with GAAP are provided as schedules attached to this release.
Adjusted operating income reflects the exclusion of goodwill impairment.
Adjusted operating income margin refers to adjusted operating income as a percentage of net revenue in the same period.
Adjusted net income and adjusted diluted earnings per share reflect the exclusion of goodwill impairment, net of tax.
Adjusted effective tax rate reflects the exclusion of goodwill impairment, net of tax.
Adjusted EBITDA refers to earnings before interest, taxes, depreciation, intangible amortization, equity-settled stock compensation expense, earnout accretion, earnout obligation adjustments, contingent compensation related to acquisitions, deferred compensation plan income and expense, reorganization costs, impairment charges, restructuring charges, and other non-operating income (expense).
Adjusted EBITDA margin refers to adjusted EBITDA as a percentage of net revenue in the same period.
The Company evaluates its results of operations on both an as reported and a constant currency basis. The constant currency presentation is a non-GAAP financial measure, which excludes the impact of fluctuations in foreign currency exchange rates. The Company believes providing constant currency information provides valuable supplemental information regarding its results of operations, consistent with how it evaluates its performance. The Company calculates constant currency percentages by converting its financial results in a local currency for a period using the average exchange rate for the prior period to which it is comparing. This calculation may differ from similarly titled measures used by other companies.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding guidance for the third quarter of 2023. The forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry in which we operate and management's beliefs and assumptions. Forward-looking statements may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "outlook," "projects," "forecasts," "aim" and similar expressions. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions, and involve certain known and unknown risks and uncertainties that are difficult to predict, many of which are beyond our control. Factors that may cause actual outcomes and results to differ materially from what is expressed, forecasted, or implied in the forward-looking statements include, among other things, our ability to attract, integrate, develop, manage and retain qualified consultants and senior leaders; our ability to prevent our consultants from taking our clients with them to another firm; our ability to maintain our professional reputation and brand name; our clients' ability to restrict us from recruiting their employees; our heavy reliance on information management systems; risks arising from our implementation of new technology and intellectual property to deliver new products and services to our clients; our dependence on third parties for the execution of certain critical functions; the fact that we face the risk of liability in the services we perform; the fact that data security, data privacy and data protection laws and other evolving regulations and cross-border data transfer restrictions may limit the use of our services and adversely affect our business; any challenges to the classification of our on-demand talent as independent contractors; the increased cybersecurity requirements, vulnerabilities, threats and more sophisticated and targeted cyber-related attacks that could pose a risk to our systems, networks, solutions, services and data; the impacts, direct and indirect, of the COVID-19 pandemic (including the emergence of variant strains) or other highly infectious or contagious disease on our business, our consultants and employees, and the overall economy; the aggressive competition we face; the fact that our net revenue may be affected by adverse economic conditions including inflation, the impact of foreign currency exchange rate fluctuations; our ability to access additional credit; social, political, regulatory, legal and economic risks in markets where we operate, including the impact of the ongoing war in Ukraine and the risks of an expansion or escalation of that conflict; unfavorable tax law changes and tax authority rulings; the timing of the establishment or reversal of valuation allowance on deferred tax assets; the fact that we may not be able to align our cost structure with net revenue; any impairment of our goodwill, other intangible assets and other long-lived assets; our ability to execute and integrate future acquisitions; and the fact that we have anti-takeover provisions that could make an acquisition of us difficult and expensive. We caution the reader that the list of factors may not be exhaustive. For more information on these risks, uncertainties and other factors, refer to our Annual Report on Form 10-K for the year ended December 31, 2022, under the heading "Risk Factors" in Item 1A, as updated in Part II of our subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of this press release. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Investors & Analysts:
Suzanne Rosenberg, Vice President, Investor Relations
srosenberg@heidrick.com
Media:
Nina Chang, Vice President, Corporate Communications
nchang@heidrick.com
View original content:
SOURCE Heidrick & Struggles International, Inc.
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https://www.ktre.com/prnewswire/2023/07/31/heidrick-amp-struggles-reports-second-quarter-2023-results/
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African leaders backed by the U.S. and France have given a week for coup leaders in Niger to step down and restore the democratically elected president.
Copyright 2023 NPR
African leaders backed by the U.S. and France have given a week for coup leaders in Niger to step down and restore the democratically elected president.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/u-s-france-and-african-leaders-give-coup-leaders-in-niger-one-week-to-step-down
| 2023-07-31T21:16:52
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https://www.iowapublicradio.org/2023-07-31/u-s-france-and-african-leaders-give-coup-leaders-in-niger-one-week-to-step-down
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ST. LOUIS, July 31, 2023 /PRNewswire/ -- Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today reported that it set a new quarterly record for net sales in the second quarter of 2023.
Graybar's net sales for the second quarter of this year totaled $2.8 billion, an increase of 4.5% compared to the same period last year. Net income attributable to Graybar for the quarter finished at $124.2 million, a 2.7% decrease from the second quarter of 2022.
For the first half of 2023, the company reported net sales of $5.5 billion, an 8.1% increase compared to the same period last year. Net income attributable to Graybar for the first six months of 2023 increased 8.4% to $249.0 million.
"Thanks to the hard work of our employees, we continue to achieve positive results," said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. "We remain focused on providing exceptional service to our customers every day, while we make strategic investments to transform our business and strengthen our long-term position as an industry leader."
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 325 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network, automate and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.
Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com
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SOURCE Graybar
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https://www.kswo.com/prnewswire/2023/07/31/graybar-achieves-record-net-sales-second-quarter/
| 2023-07-31T21:16:52
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https://www.kswo.com/prnewswire/2023/07/31/graybar-achieves-record-net-sales-second-quarter/
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(KTLA) – The Los Angeles County Sheriff’s Department is investigating the discovery of a body inside a 55-gallon drum in Malibu Lagoon on Monday.
A park worker first saw the drum floating by the Pacific Coast Highway bridge Sunday night but didn’t think much of it at the time, a spokesperson for the L.A. County Fire Department told Nexstar’s KTLA.
When lifeguards arrived at work Monday morning, they saw the drum in the lagoon and tried to pull it out at which point they discovered the body inside, officials said.
No information about the victim was immediately known.
KTLA helicopter footage showed the black plastic drum standing upright in shallow water and the beach appeared to be closed for the investigation.
Late last spring, a body was found in a barrel in Nevada’s Lake Mead. Authorities said the body may have been there for four decades but have not yet identified the victim, despite identifying other bodies that appeared due to receding water levels.
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https://www.wearegreenbay.com/news/national/body-found-inside-55-gallon-drum-in-malibu/
| 2023-07-31T21:16:53
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https://www.wearegreenbay.com/news/national/body-found-inside-55-gallon-drum-in-malibu/
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ANAHEIM, Calif. (AP) — The Los Angeles Angels reacquired slugger C.J. Cron and outfielder Randal Grichuk in a trade with the Colorado Rockies on Sunday, bolstering their injury-plagued roster with more veteran depth as they fight for a playoff spot.
Los Angeles sent minor league pitchers Mason Albright and Jake Madden to the Rockies in the deal that brought two former Angels first-round draft picks back to the team. Colorado also is sending $3,701,613 along with Cron and Grichuk, who are in the final years of their contracts before free agency. Cron is owed $2,540,323 in remaining salary and Grichuk $3,161,290, leaving the Angels in effect responsible for $2 million.
The Angels (55-51) are desperate to end their MLB-worst streaks of seven consecutive losing seasons and eight consecutive non-playoff seasons, but their efforts have been endangered by injuries that have seriously compromised their big league depth.
Los Angeles has a major league-leading 17 players on its injured lists after outfielder Taylor Ward joined the group Sunday before an extra-inning victory in Toronto. Ward was moved to the 60-day injured list later in the day, effectively ending his regular season, with facial fractures after Toronto’s Alek Manoah hit him in the face with a fastball on Saturday.
The 33-year-old Cron spent his first four major league seasons with Los Angeles, hitting 59 of his 186 career homers before getting traded to Tampa Bay in early 2018 for prospect Luis Rengifo, who is still a valuable contributor to the Angels. Cron is batting .260 with 11 homers and 32 RBIs this season for the Rockies as their power-hitting first baseman.
Grichuk was selected by the Angels one pick before Mike Trout in the 2009 draft. Los Angeles traded him to St. Louis before he reached the majors and began a 10-year career with the Cardinals, Toronto and Colorado.
Grichuk is batting .308 with an .861 OPS in 64 games this season for the Rockies. His positional flexibility in the outfield will be valuable for the Angels in the injury absences of Trout, Ward and Jo Adell, leaving Mickey Moniak and Hunter Renfroe as the only healthy outfielders on Los Angeles’ 40-man roster.
Grichuk is making just over $10.3 million this season, while Cron is earning $7.25 million. The moves continue the Rockies’ teardown for the final two months of what’s almost certain to be their fifth consecutive losing season.
The 20-year-old Albright is 11-8 with a 5.36 ERA in three seasons in the low minors. The 21-year-old Madden, a fourth-round pick in 2022, is 2-6 with a 5.46 ERA in 14 starts for Low-A Inland Empire this season.
The Angels have traded a significant amount of minor league talent in recent weeks in their determined effort to make the playoffs during the final season of Shohei Ohtani’s contract.
Los Angeles has acquired six veteran major leaguers — slugger Mike Moustakas, right-handed starter Lucas Giolito, reliever Reynaldo López and infielder Eduardo Escobar along with Cron and Grichuk — in four separate trades since late June.
Trout has been out since July 3 with a broken hand, and third baseman Anthony Rendon was sidelined one day later with a bone bruise after fouling a ball off his shin. Trout and Rendon are making roughly $75 million combined this season.
Ward and veteran infielder Gio Urshela are likely out for the season, while infielder Brandon Drury, rookie catcher Logan O’Hoppe and rookie shortstop Zach Neto have all missed significant time.
Los Angeles is in third place in the AL West, five games behind Texas. The Angels are four games behind Toronto for the final AL wild card, but the Red Sox and Yankees are also between them.
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AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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https://www.pahomepage.com/sports/ap-sports/ap-angels-acquire-c-j-cron-randal-grichuk-in-trade-with-colorado-for-2-minor-leaguers/
| 2023-07-31T21:16:55
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https://www.pahomepage.com/sports/ap-sports/ap-angels-acquire-c-j-cron-randal-grichuk-in-trade-with-colorado-for-2-minor-leaguers/
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AUSTIN, Minn., July 31, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the company's third quarter financial results. The company will issue its earnings release before the markets open on Thursday, August 31, 2023, and will host a conference call at 8 a.m. CT (9 a.m. ET).
The webcast, replay and other information related to the event can be accessed on the company's investor website, http://investor.hormelfoods.com.
ABOUT HORMEL FOODS — Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, WHOLLY®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list by 3BL Media 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.
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SOURCE Hormel Foods Corporation
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https://www.ktre.com/prnewswire/2023/07/31/hormel-foods-corporation-hold-third-quarter-earnings-conference-call/
| 2023-07-31T21:16:57
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https://www.ktre.com/prnewswire/2023/07/31/hormel-foods-corporation-hold-third-quarter-earnings-conference-call/
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NPR's Sacha Pfeiffer catches up with professional soccer player Sam Mewis about the action going down at Women's World Cup. Mewis was a member of the U.S. team that won the World Cup in 2019.
Copyright 2023 NPR
NPR's Sacha Pfeiffer catches up with professional soccer player Sam Mewis about the action going down at Women's World Cup. Mewis was a member of the U.S. team that won the World Cup in 2019.
Copyright 2023 NPR
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https://www.iowapublicradio.org/2023-07-31/unlikely-heroes-are-stepping-up-at-the-womens-world-cup
| 2023-07-31T21:16:58
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https://www.iowapublicradio.org/2023-07-31/unlikely-heroes-are-stepping-up-at-the-womens-world-cup
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