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A one-day sales event unlike any other invites customers to stock up on used books for just one cent per page.
BIRMINGHAM, Ala., July 31, 2023 /PRNewswire/ -- The busiest day of the year at 2nd & Charles is officially on the docket: Penny-A-Page, happening on Saturday, August 12, at all 2nd & Charles locations nationwide.
Where miles of books are surrounded by pure, boundless energy, customers can purchase up to five books for just one cent per page during 2nd & Charles' first-ever Penny-A-Page.
This unique and rare promotional event applies to all used books, giving customers the opportunity to fill their shelves with lengthy, expensive, and well-loved volumes – all for a fraction of the price. Yes, on a 250-page book, 2nd and Charles customers will pay just $2.50.
"Our loyal customers love it when we offer a discount on multiple books at the same time," says Eric Bishop, Senior Vice President at 2nd & Charles. "This is a 'can't miss' day! We are opening early at 9 a.m. to accommodate all our impassioned readers wanting to get a head start on their summer reading," he says.
Communities across the nation now have a remarkable opportunity to find their next stack of great books at an extraordinary price. Arrive early for the best selection! Come in, get lost, and find yourself at 2nd & Charles.
ABOUT 2ND & CHARLES
2nd & Charles is a unique retail concept specializing in an ever-changing inventory of new and used books, music, games, toys, collectibles, decor, accessories, and pop culture merchandise. Since its first store opened in Birmingham, AL, in 2010, 2nd & Charles has expanded to include more than 40 stores in 18 states—and counting.
A sister store to Books-A-Million, the nation's second largest book retailer, 2nd & Charles has established itself as a hip and fun-loving purveyor of passions catering to readers, gamers, and collectors of all ages. Through the store's buyback program, customers can sell their gently used merchandise in exchange for cash or store credit.
Click here to find your nearest 2nd & Charles store, and follow 2nd & Charles on Facebook, Instagram, and Twitter.
CONTACT
Olivia Anderson McDaniel
Vice President of Marketing, Omnichannel
205.909.3563
mcdanielo@booksamillion.com
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SOURCE Books-A-Million, Inc.
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https://www.wafb.com/prnewswire/2023/07/31/penny-a-page-hottest-used-book-promotion-happening-2nd-amp-charles/
| 2023-07-31T21:45:48
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ENGLEWOOD, Colo. (AP) — The Denver Broncos braced themselves for a second straight season without their steadiest wide receiver and locker room leader after Tim Patrick was carted off the field with a left Achilles injury Monday — almost a year after tearing his right ACL at training camp.
“It’s a tough break for us as a team when you see something like that, a great player, a great leader,” cornerback Patrick Surtain II said. “We wish him the best and just go on from there.”
With an energized crowd of 3,000 looking on as the Broncos practiced in full pads for the first time, Patrick hit the ground in pain just as he came out of his cut on a short route during a seven-on-seven passing drill. He threw his helmet as teammates including Courtland Sutton and Russell Wilson rushed to his side.
The injury happened right in front of head coach Sean Payton, who was watching Patrick make an adjustment from a previous route.
“It’s always difficult, especially a guy like that’s a leader who’s coming off an entire year of rehabilitation,” Payton said. ”It’s difficult for his teammates, for all of us. So, maybe, hopefully we get some good news. But it appears it’s his left Achilles.”
After being carted off, Patrick entered the Broncos facility on crutches, keeping weight off his left leg.
Patrick is known for his strong work ethic and no-nonsense approach. He was one of the more notable finds by the Broncos in recent years.
Undrafted out of Utah in 2017, Patrick bounced around the Ravens’ and 49ers’ practice squads before arriving in Denver later that year. He became a contributor in 2018 and ’19 before posting back-to-back productive seasons that earned him a three-year, $34.5 million contract extension in November 2021.
He was the team’s No. 1 receiver going into last season when he tore his right ACL in a noncontact drill on Aug. 2. Two months later the Broncos lost their top running back when Javonte Williams suffered a knee injury and Denver’s offense never recovered from the one-two punch, averaging a league-worst 16.9 points a game in Wilson’s first year in Denver.
Like Williams, Patrick was looking for a big comeback in 2023 atop the receiver rotation alongside Sutton and Jerry Jeudy.
“When I got hired here, he was one of the guys I saw every day because he was rehabbing last year’s injury,” Payton said. “So, that’s what makes it more difficult.”
The Broncos do appear to be in better position to weather the loss of Patrick this year if the injury proves to be as serious as suspected.
They bolstered their receiver room, chiefly by drafting speedster Marvin Mims Jr. out of Oklahoma in the second round and signing veterans Marquez Callaway and Lil’Jordan Humphrey in free agency.
“We’ve just got great guys all around the receiving room, so obviously next man up situation,” Surtain said. “But Tim is a big loss, a big blow, because he brings such a presence out there on the field that many people can’t compare to.”
Mims pulled a hamstring in June and suffered a setback before camp, but Monday marked his first practice of camp and Payton was encouraged: “He’s feeling good. You’re going to see him more and more this week. He’s ramping up and we’re encouraged.”
However, another receiver, KJ Hamler, who is on the mend from a torn chest muscle, posted on Instagram on Monday that he was diagnosed with the heart condition pericarditis “after feeling some chest pains while working out on the break before camp started.” He vowed to return to the field as soon as he could “better and stronger than ever.”
Notes: Payton had no comment about Aaron Rodgers’ spirited defense of Jets OC Nathaniel Hackett after Payton ripped him last week for his poor head coaching job in Denver last year. “No, we’re past it,” said Payton, who did a mea culpa last week, saying he regretted criticizing Hackett, the Jets and members of the Broncos’ front office in trying to spread the blame for Wilson’s career-worst season in 2022 during an interview with USA Today.
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AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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https://www.wane.com/sports/ap-sports/ap-broncos-receiver-tim-patrick-carted-off-field-with-right-leg-injury/
| 2023-07-31T21:45:53
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Tech Veteran Brings Nearly Three Decades of Experience to Help Drive Growth for Leading Fast-Casual Mexican Restaurant
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Modern Restaurant Concepts ("MRC"), a leading fast-casual restaurant platform comprised of the QDOBA and Modern Market Eatery brands, announced that Prashant Budhale has joined the company as Chief Technology Officer. Budhale brings more than 28 years of experience in technology leadership to MRC, and as CTO, will lead all technology across MRC brands.
"We are excited for Prashant to join the MRC team," said John Cywinski, CEO of Modern Restaurant Concepts. "I view technology as a foundational enabler of all that we do in the restaurant business, from a guest, team member, and corporate enterprise perspective. Prashant will lead our strategy to drive technology as a powerful brand differentiator, and he will be a terrific collaborator with our existing leadership team as well as our franchise partners moving forward."
"I'm excited about QDOBA's history of strong same store sales growth, potential for net unit growth, and the ability for technology to make a positive impact to both guest and team member experiences," Budhale said. "I'm also very encouraged by John's vision and Butterfly Equity's commitment to the growth of brands within MRC portfolio."
Prior to joining Modern Restaurant Concepts, Budhale served as Head of Technology for SONIC Drive-In, part of the Inspire Brands portfolio. At SONIC, he was responsible for the vision, development, and implementation of all technology initiatives across the 3,550 unit, $6B brand. Prior to SONIC, Prashant was Senior Director for Pizza Hut, part of YUM! Brands, where he led retail technology. Earlier in his career, Prashant worked as a software development consultant with IBM, Allstate, Oracle, Capgemini, and Fujitsu America.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
For more information on the company, please visit www.QDOBA.com or follow the brand on Instagram, Facebook, Twitter and TikTok.
About Modern Restaurant Concepts
Modern Restaurant Concepts is one of the largest fast casual restaurant platforms in North America with nearly 800 units across two brands, QDOBA and Modern Market Eatery. The system operates corporate-owned and franchised units across nearly every U.S. state as well as Canada and Puerto Rico. Modern Restaurant Concepts is owned by Butterfly Equity, a Los Angeles-based private equity firm specializing in the food sector, with more than $10 billion of equity capital in companies ranging from growth-stage to Fortune 500 enterprises.
QDOBA is a fast casual Mexican restaurant with over 750 locations in the U.S. and Canada. Committed to delivering flavor to people's lives, QDOBA uses ingredients prepared in-house, by hand, and fresh throughout the day, to create delicious menu options. Guests can experience QDOBA's delicious flavors by enjoying one of its signature menu options that are chef-crafted for convenience and ease or by customizing their burritos, tacos, burrito bowls, salads, quesadillas, and nachos to fit their personal tastes. For five years running, QDOBA has been voted the "Best Fast Casual Restaurant" as part of the USA TODAY 10Best Readers' Choice Awards. Discover more at www.QDOBA.com or on the QDOBA app.
Modern Market Eatery is a food forward, sustainable fast casual restaurant concept that operates in Colorado, Texas, Arizona, and Indiana. Delivering the freshness and flavors of the market in a modern dining format and environment, Modern Market Eatery's menu of protein-centric bowls, garden fresh salads, toasted sandwiches and brick-oven pizzas redefine what it means to eat well at a reasonable price. For additional information about Modern Market Eatery, please visit www.modernmarket.com.
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SOURCE QDOBA
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https://www.kwch.com/prnewswire/2023/07/31/modern-restaurant-concepts-announces-appointment-prashant-budhale-chief-technology-officer/
| 2023-07-31T21:45:54
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DENVER, July 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on July 31, 2023 of $0.1050 per share to shareholders of record at the close of business on July 18, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2023 federal income tax return. The final tax character of any distribution declared in 2023 will be determined in January 2024 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member.
PRE000386 7/31/2024
View original content:
SOURCE Principal Real Estate Income Fund
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https://www.wafb.com/prnewswire/2023/07/31/principal-real-estate-fund-announces-notification-sources-distribution/
| 2023-07-31T21:45:55
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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.
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.”
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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https://www.wane.com/sports/ap-sports/ap-chiefs-to-rely-on-new-offensive-tackles-to-protect-patrick-mahomes-this-season/
| 2023-07-31T21:45:59
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Celebrate the Blooms with Inaugural National Sunflower Day on August 5
BISMARCK, N.D., July 31, 2023 /PRNewswire/ -- In late July and into August, vast fields of brilliant yellow sunflowers blanket North Dakota during the peak growing season and visitors are awed by the landscape awash in summery hues. This year, North Dakota Tourism invites visitors to celebrate these picturesque fields with the inaugural National Sunflower Day on August 5, 2023.
The National Day Calendar recognition, slated for the first Saturday each August, is a collaboration between the National Sunflower Association and North Dakota Tourism and recognizes the inherent happiness the sunflowers evokes and the prominence of North Dakota's agricultural industry in growing the cheerful blooms.
For visitors planning a picture-perfect road trip for National Sunflower Day and beyond, North Dakota Tourism has launched the state's 2023 Sunflower Blooms Guide detailing the location of more than a dozen stunning sunflower fields. Weekly bloom updates will highlight the progress of the seasonal color as it unfolds across the state making the map a perfect tool for making the most of the waning days of summer. North Dakota Tourism is also making an ideal road trip snack available to visitors with packets of savory sunflower seeds in mailboxes at select fields.
To capture the iconic blooms in photos and videos, keep the following tips in mind:
- In general, visitors are welcome to stop by fields included on the Sunflower Blooms Guide as long as they are respectful and don't enter or drive into the fields.
- Scout the field location early to capture that golden hour image or video just-after sunrise or just-before sunset. Visitors will want to set up early to take advantage of the golden hues.
- Keep in mind that cloudy days are often some of the best times to capture vibrant close-ups and more subtle variations in shadows.
- Tag your photos and videos on social media using #BeNDLegendary to celebrate your love of the sunny blooms.
- Fuel your photoshoot with a beloved North Dakota snack with Fargo's irresistible SunButter made from roasted sunflower seeds or Wahpeton's Giants Snacks with original and kettle roasted flavors of sunflower seeds.
As the top sunflower producing state last year, North Dakota farmers planted 702,000 acres of the beautiful blooms in 2022, and the state is the top producer of edible sunflower seeds in the U.S. More sunflower recipes, videos and little-known facts are available at Brighten Your Day with the Amazing Sunflower. For more on planning a trip to North Dakota, visit NDtourism.com.
Follow North Dakota Tourism on Facebook at www.facebook.com/TravelND, on Instagram at https://www.instagram.com/northdakotalegendary/ on or on Twitter at http://twitter.com/NorthDakota and get tips on what to see and do all year long.
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SOURCE North Dakota Tourism Division
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https://www.kwch.com/prnewswire/2023/07/31/north-dakota-landscape-awash-vibrant-yellow-sunflowers/
| 2023-07-31T21:46:01
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https://www.kwch.com/prnewswire/2023/07/31/north-dakota-landscape-awash-vibrant-yellow-sunflowers/
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MENLO PARK, Calif., July 31, 2023 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) announced today that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on Sept. 15, 2023, to all shareholders of record as of Aug. 25, 2023.
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides companies with the talent and subject matter expertise they need to confidently compete and grow. Robert Half is the parent company of Protiviti®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named to the Fortune® Most Admired Companies™ and Most Innovative Companies lists and is a Forbes Best Employer for Diversity. Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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SOURCE Robert Half
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https://www.wafb.com/prnewswire/2023/07/31/robert-half-announces-quarterly-dividend/
| 2023-07-31T21:46:02
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WATKINSVILLE, Ga. and ELBERTON, Ga., July 31, 2023 /PRNewswire/ -- Oconee Financial Corporation (OTCQX: "OSBK") ("Oconee") announced today it has completed its acquisition of Elberton Federal Savings & Loan Association ("Elberton Federal") of Elberton, GA, and its related common stock offering, in a conversion merger transaction, effective July 31, 2023.
As a result of the conversion merger, Elberton Federal converted from a mutual savings association to a stock savings association and immediately merged with and into Oconee's wholly owned subsidiary, Oconee State Bank. On August 1, 2023, Elberton Federal's financial center on East Church Street in Elberton will open as a branch of Oconee State Bank.
In the stock offering required by regulations applicable to the merger conversion, Oconee sold 149,015 shares of common stock, at a discounted price of $28.94 per share, to depositors and borrowers of Elberton Federal in a subscription offering, and to stockholders of Oconee and members of the general public in a community offering. Gross offering proceeds totaled approximately $4.3 million. The stock offering was oversubscribed.
"We are thrilled by the overwhelming interest we received from investors in the offering," remarked Oconee President and CEO Neil Stevens. "The transaction closed at the maximum of the authorized offering range and generated a lot of interest in the banking experience we are bringing to our customers."
Stevens continued: "We welcome the addition of Elberton Federal President and CEO Daniel Graves, a number of new teammates, and our newest customers in Elbert County. We aim to provide them the same high level of service and care our current customers enjoy."
Graves will serve as Senior Vice President and Community President of the Northeast Georgia market.
"It is a privilege to join such a high-quality institution and group of people in partnering with Oconee," Graves said. "Neil and I talk often about the importance of culture, and this is a perfect fit. We are thrilled about the opportunity this presents for our people and our customers, and we look forward to being an even more meaningful part of the next chapter of prosperity in Elbert County."
Performance Trust Capital Partners assisted Oconee, on a best-efforts basis, in selling its common stock in the subscription and community offerings and served as financial advisor to Oconee in connection with the merger. RP Financial LC provided the conversion appraisal. Alston & Bird LLP served as legal counsel to Oconee, Fenimore Kay Harrison LLP served as legal counsel to Elberton Federal, and Luse Gorman PC served as legal counsel to Performance Trust Capital Partners.
About Oconee Financial Corporation
Oconee State Bank was established in 1960 and is headquartered in Watkinsville, Georgia. It operates six full-service financial centers in Georgia, located in Oconee, Athens-Clarke, Gwinnett, and Macon-Bibb counties, including its newest location in Elbert County. Pro forma for this transaction, the bank has approximately $556 million in assets. The bank is the only locally owned and operated community bank headquartered in Oconee County. Oconee State Bank proudly serves its communities, providing unparalleled commitment to personalized service, innovative products and solutions, and brings exceptional value to all stakeholders, through local ownership, involvement, and decision making. The bank strives to be essential to those it serves, by creating remarkable experiences that significantly mark the lives of others. Oconee Financial Corporation was established in January 1999 to serve as the holding company of Oconee State Bank.
Please visit Oconee State Bank's website, www.oconeestatebank.com for a full listing of products and services.
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SOURCE Oconee Financial Corporation
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https://www.kwch.com/prnewswire/2023/07/31/oconee-financial-corporation-completes-acquisition-elberton-federal-savings-amp-loan-association-related-common-stock-offering/
| 2023-07-31T21:46:07
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CLEVELAND (AP) — In the midst of the playoff race, the Guardians traded their hottest pitcher for a minor league prospect currently sidelined with an injury.
An uneven season in Cleveland just got a little bumpier.
Despite being just one-half game out of first place in the AL Central, the Guardians dealt starter Aaron Civale to the Tampa Bay Rays on Monday for first base prospect Kyle Manzardo, who has been out with a shoulder strain.
Civale’s name has been thrown around in trade speculation for weeks, which has coincided with the 28-year-old right-hander pitching as well as he has in several seasons. Civale posted a 1.45 ERA in six July starts and worked six scoreless innings Sunday in a win over the Chicago White Sox to improve to 5-2.
As for the Rays, Civale gives them another solid starter for the playoff push. Tampa Bay entered the week 1 1/2 games behind first-place Baltimore in the AL East and leading the wild-card standings by four games.
“I’ve seen his name on ESPN recently about a pretty good month of July, so that makes me excited,” Rays second baseman Brandon Lowe said at Yankee Stadium before the opener of a three-game series. “Hopefully he comes in and doesn’t miss a beat and keeps doing exactly what he’s been doing. No more pressure than what he’s been dealing with over in Cleveland.
“So he’s coming over, he’s going to be welcomed in like he’s been here all year.”
The Guardians have dealt with injuries to their rotation all season and are currently missing ace Shane Bieber, Triston McKenzie and Cal Quantrill. While the move with Civale creates a major pitching void for Cleveland, president of baseball operations Chris Antonetti said getting a player of Manzardo’s stature was more important.
“Tough trade to make,” Antonetti said in a Zoom call. “But we did feel it was a unique opportunity to acquire someone like Kyle. We knew it would come at a steep cost.”
Antonetti said it’s possible the Guardians could make more trades before Tuesday’s deadline to address their pitching issues.
Noah Syndergaard, acquired last week in a trade with the Dodgers, could help. The oft-injured right-hander is making his debut for the Guardians on Monday in Houston.
Manzardo, 23, was named Tampa’s top minor leaguer in 2022 after hitting .327 with 22 homers and 81 RBIs in 93 games between Single- and Double-A. Antonetti expects Manzardo to be playing in minor league games before the end of the season.
Cleveland has been in the market for a young power hitter for some time. The team is hoping Manzardo can end that search.
“The industry holds Kyle in high regard and we think he can develop into a really good offensive player and he’s a guy that’s near or close to the major leagues at some point in the next few seasons,” Antonetti said. “Those guys are not easy to acquire and so we made the choice in this case as we surveyed the landscape, but this is the right path forward for us.”
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AP Sports Writer Mike Fitzpatrick in New York contributed to this report.
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AP MLB: https://apnews.com/hub/mlb
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https://www.wane.com/sports/ap-sports/ap-cleveland-guardians-trade-pitcher-aaron-civale-to-tampa-bay-rays-for-prospect/
| 2023-07-31T21:46:06
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https://www.wane.com/sports/ap-sports/ap-cleveland-guardians-trade-pitcher-aaron-civale-to-tampa-bay-rays-for-prospect/
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Published: Jul. 31, 2023 at 3:30 PM CDT|Updated: 1 hour ago
Business highlights include $50 million share repurchase, continued progress integrating recent acquisitions, ongoing development and implementation of organic growth and customer experience initiatives including our new University Park, IL service center, and eighth consecutive increase in the quarterly dividend. Quarterly results include strong cash flow generation.
CHICAGO, July 31, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2023.
Highlights:
Achieved Net Income attributable to Ryerson Holding Corporation of $37.6 million with Adjusted EBITDA1, excluding LIFO of $70.1 million
Earned Diluted EPS2 of $1.06 on revenue of $1.3 billion
Generated Operating Cash Flow of $115.3 million and Free Cash Flow of $69.1 million
Maintained Net Leverage ratio within target range at 1.4x, debt of $396 million and net debt3 of $366 million as of June 30, 2023
Repurchased 1.4 million shares directly from an affiliate of Platinum Equity, concurrent to their secondary public offering, creating value for shareholders and contributing to free float increasing to 77% as of June 30, 2023
Announced third quarter 2023 dividend of $0.1825 per share, a 1.4% increase from the prior quarter
A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.
Management Commentary Eddie Lehner, Ryerson's President and Chief Executive Officer, said, "I want to thank all of my Ryerson teammates for their continued dedication to operating safely and productively, and I want to thank our customers for the opportunity to create and deliver better customer experiences which we never take for granted. Counter-cyclical industry conditions, particularly within our stainless-steel products franchise, arrived mid-quarter and were evidenced by industrial metals bellwether price index declines and demand contraction in Ryerson's later-cycle end markets. Counter-cyclical conditions as experienced during the second half of last year re-emerged in the second quarter of this year for a myriad of reasons. Shifting consumer spending patterns, higher interest rates, quieted but still present financial system stress and tightening as well as an economic recovery in China that has failed to materialize all contributed to a subdued manufacturing macro environment during the quarter. Ryerson is investing in and preparing for the next synchronized manufacturing upturn whose secular characteristics around the necessity of above trend growth in fixed-asset investment with greater supply-chain resiliency remain intact. We are confident that carrying our growth and operating model investments across counter-cyclical waters as expressed through our recent acquisitions, greenfield service centers and facility modernizations and capital expenditures around value-added fabrication as well as ongoing investments in digitalization, future-state systems and additive manufacturing will position Ryerson well for both the next cyclical upturn and the longer term secular growth in North American manufacturing activity that is underway. As we have during past counter-cycles, we will take out non-value-added costs, flex expenses down, and better optimize our industrial metals inventories as we move through the third quarter and back-half of the year."
Second Quarter Results Ryerson generated net sales of $1.3 billion in the second quarter of 2023, a decrease of 4.5%, compared to the first quarter of 2023. This was largely driven by sequentially lower volumes, which decreased 4.4%, while average selling prices remained unchanged, compared to the first quarter of 2023.
Gross margin expanded sequentially by 60 basis points to 19.4% in the second quarter, compared to 18.8% in the first quarter. Gross Margins reflected LIFO income of $9M, as the commodity price curves for our metals products sales mix decreased resulting in a LIFO credit in costs of goods sold.
Excluding the impact of LIFO, gross margin contracted 40 basis points to 18.7% in the second quarter, compared to 19.1% in the first quarter. This was primarily driven by a decrease in stainless steel commodity prices coupled with continued high inventories in the channel that put downward pressure on average selling prices. Warehousing, delivery, selling, general and administrative expenses increased 4.3% to $202.6 million in the second quarter, compared to $194.2 million in the first quarter, primarily driven by expense related to acquisitions, higher depreciation expense driven by higher capital expenditures on growth initiatives, reorganization expenses related to an ERP systems implementation and start-up costs associated with the University Park service center, which were partially offset by lower fixed operating expenses.
Net income attributable to Ryerson Holding Corporation for the second quarter of 2023 was $37.6 million, or $1.06 per diluted share, compared to net income of $47.3 million, or $1.27 per diluted share in the previous quarter. Ryerson generated Adjusted EBITDA, excluding LIFO of $70.1 million in the second quarter, compared to the first quarter Adjusted EBITDA, excluding LIFO of $90.1 million.
Liquidity & Debt Management Ryerson generated $115.3 million of cash from operations in the second quarter of 2023, supported by net income attributable to Ryerson Holding of $37.6 million and working capital release of $37.8 million. The Company ended the second quarter of 2023 with $396 million of debt and $366 million of net debt, sequential increases of $1 million and $15 million, respectively, compared to the first quarter. Ryerson's leverage ratio as of the second quarter was 1.4x, within the Company's target leverage range. Ryerson's global liquidity, composed of cash and cash equivalents and availability on its revolving credit facilities was $790 million as of June 30, 2023.
Shareholder Return Activity
Dividends. During the second quarter of 2023, Ryerson paid a quarterly dividend in the amount of $0.1800 per share, amounting to a cash return of approximately $6.2 million. On July 31, 2023, the Board of Directors declared a quarterly cash dividend of $0.1825 per share of common stock, payable on September 14, 2023, to stockholders of record as of August 31, 2023.
Share Repurchase. On May 8, 2023, Ryerson repurchased 1,369,300 shares of common stock for approximately $50.0 million directly from an affiliate of Platinum Equity. Additionally, over the course of the second quarter of 2023, the Company repurchased 12,872 shares for $0.4 million in the open market. In total, Ryerson repurchased 1,382,172 shares of common stock resulting in a return to shareholders of approximately $50.4 million for the second quarter of 2023. Ryerson made these repurchases in accordance with its share repurchase authorization, which allows the Company to acquire up to an aggregate amount of $100.0 million of the Company's common stock through April of 2025. As of June 30, 2023, $49.6 million of the $100.0 million remained under the existing share repurchase authorization.
Outlook Commentary For the third quarter of 2023, Ryerson expects a continuation of slowing demand conditions, with customer shipments expected to decrease approximately 2% to 4%, quarter-over-quarter. The Company anticipates third-quarter net sales to be in the range of $1.25 billion to $1.30 billion, with average selling prices decreasing 1% to 2%. LIFO income in the third quarter of 2023 is expected to be $2 million. We expect adjusted EBITDA, excluding LIFO in the range of $43 million to $47 million and earnings per diluted share in the range of $0.31 to $0.43.
Earnings Call Information Ryerson will host a conference call to discuss second quarter 2023 financial results for the period ended June 30, 2023, on Tuesday, August 1, 2023, at 10 a.m. Eastern Time. The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com. A replay will be available at the same website for 90 days.
About Ryerson Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,300 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.
Notes: 1For EBITDA, Adjusted EBITDA and Adjusted EBITDA excluding LIFO please see Schedule 2 2EPS is Earnings per Share 3Net debt is defined as long term debt plus short term debt less cash and cash equivalents and excludes restricted cash
Legal Disclaimer The contents herein are provided for general information purposes only and do not constitute an offer to sell or buy, or a solicitation of an offer to buy, any security ("Security") of the Company or its affiliates ("Ryerson") in any jurisdiction. Ryerson does not intend to solicit, and is not soliciting, any action with respect to any Security or any other contractual relationship with Ryerson. Nothing in this release, individually or taken in the aggregate, constitutes an offer of securities for sale or buy, or a solicitation of an offer to buy, any Security in the United States, or to U.S. persons, or in any other jurisdiction in which such an offer or solicitation is unlawful.
Safe Harbor Provision Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; the impact of geopolitical events, including Russia's invasion of Ukraine and global trade sanctions; fluctuating metal prices; our indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; the ownership of a significant portion of our equity securities by a single investor group; work stoppages; obligations under certain employee retirement benefit plans; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2022,our quarterly report on Form 10-Q for the quarter ended June 30, 2023 and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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| 2023-07-31T21:46:08
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PITTSFORD, N.Y. (AP) — Of the thousands of emotions — trepidation among them — running through Damar Hamlin’s head Monday while he pulled on his pads for practice for the first time at training camp, the one that ultimately won out was joy.
For everything the Buffalo Bills safety has overcome in seven months since going into cardiac arrest during a game and needing to be resuscitated on the field, Hamlin leaned on his faith in God and himself, along with the support from his family and teammates, to take another step toward resume his playing career.
“A super big hurdle as you can imagine. Like, I pretty much lost my life playing this sport,” Hamlin said at a news conference after practice.
“I made the choice to play. But I’m processing a thousand emotions. I’m not afraid to say that it crosses my mind of being a little scared here and there,” he added. “My faith is stronger than any fear. That’s what I want to preach up here. And that’s the message I want to spread on to the world that as long as your faith is stronger than your fear, you can get through anything.”
Though Hamlin was cleared to resume practicing in mid-April, he did so wearing a helmet and shorts with the rest of his teammates through their spring sessions and first four days of training camp, as mandated by NFL rules. The magnitude of the Bills’ first day in pads wasn’t lost on Hamlin, given it marked the first time he was in full uniform since collapsing on the field in Cincinnati on Jan. 2 after making what appeared to be a routine tackle of Bengals receiver Tee Higgins.
“Ah man, it feels amazing. It’s a roller coaster of emotions. I was kind of all over the place just being back for the first time,” Hamlin said. “Just trying to keep everything as normal as possible.”
The normality of football struck him about an hour into practice when Hamlin took the field for the first time during a team red-zone running drill in which tackling was still not allowed.
On his second play, Hamlin showed no hesitation when bursting toward Damien Harris and wrapping him up with both arms. A play later, running back James Cook broke a tackle before Hamlin joined a teammate in wrapping him up just before the goal line.
Hamlin’s biggest contact came on the final play of practice, when he avoided a block to work his way into the backfield and help a teammate stop tight end Quintin Morris for what would have been a loss.
“That first little moment of contact, that was just letting me know. I felt alive, man. I felt like I’m here,” Hamlin said with a wide grin. “So it felt good. It was just that moment of: ‘All right, let’s settle in and let’s just take one play at a time. Let’s just keep going.’”
Hamlin’s only lament was not having any balls thrown in his direction during team drills, though he laughed when saying that might not be a bad thing.
“When the ball’s not coming my way, that makes you think you’re doing your job right,” Hamlin said. “But, you know, I would love some more opportunities to make a big play and turn practice up a bit.”
The 25-year-old from the Pittsburgh area is entering his third NFL season. Selected by Buffalo in the sixth round of the 2021 draft out of Pitt, he opened last season as a backup before starting 13 games after Micah Hyde sustained a season-ending neck injury.
This year, Hamlin is competing with offseason free agent addition Taylor Rapp for a backup role behind Hyde and Jordan Poyer. As for Hamlin’s next hurdle, it’ll come Aug. 12, when the Bills open their preseason schedule at home against Indianapolis.
Rapp, who spent his first four NFL seasons with the Los Angeles Rams, might be new to Buffalo but is impressed with how Hamlin has handled himself.
“How far he’s come and what he’s able to come back from late last season and just seeing how he goes about himself and attacks the rehab at the facility is nothing short of inspiring,” Rapp said.
A day earlier, coach Sean McDermott said he was walking a fine line in treating Hamlin much like any other player, while keeping in mind what he’s gone through.
“I think awareness is important, right? You’ve got X amount of guys out here and then you have Damar in there as well and trying to make it as a normal as possible,” McDermott said. “We’re going to support him through this, and to this point he’s done a phenomenal job.”
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AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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https://www.wane.com/sports/ap-sports/ap-damar-hamlin-puts-aside-fear-and-practices-in-pads-for-the-first-time-since-cardiac-arrest/
| 2023-07-31T21:46:14
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A one-day sales event unlike any other invites customers to stock up on used books for just one cent per page.
BIRMINGHAM, Ala., July 31, 2023 /PRNewswire/ -- The busiest day of the year at 2nd & Charles is officially on the docket: Penny-A-Page, happening on Saturday, August 12, at all 2nd & Charles locations nationwide.
Where miles of books are surrounded by pure, boundless energy, customers can purchase up to five books for just one cent per page during 2nd & Charles' first-ever Penny-A-Page.
This unique and rare promotional event applies to all used books, giving customers the opportunity to fill their shelves with lengthy, expensive, and well-loved volumes – all for a fraction of the price. Yes, on a 250-page book, 2nd and Charles customers will pay just $2.50.
"Our loyal customers love it when we offer a discount on multiple books at the same time," says Eric Bishop, Senior Vice President at 2nd & Charles. "This is a 'can't miss' day! We are opening early at 9 a.m. to accommodate all our impassioned readers wanting to get a head start on their summer reading," he says.
Communities across the nation now have a remarkable opportunity to find their next stack of great books at an extraordinary price. Arrive early for the best selection! Come in, get lost, and find yourself at 2nd & Charles.
ABOUT 2ND & CHARLES
2nd & Charles is a unique retail concept specializing in an ever-changing inventory of new and used books, music, games, toys, collectibles, decor, accessories, and pop culture merchandise. Since its first store opened in Birmingham, AL, in 2010, 2nd & Charles has expanded to include more than 40 stores in 18 states—and counting.
A sister store to Books-A-Million, the nation's second largest book retailer, 2nd & Charles has established itself as a hip and fun-loving purveyor of passions catering to readers, gamers, and collectors of all ages. Through the store's buyback program, customers can sell their gently used merchandise in exchange for cash or store credit.
Click here to find your nearest 2nd & Charles store, and follow 2nd & Charles on Facebook, Instagram, and Twitter.
CONTACT
Olivia Anderson McDaniel
Vice President of Marketing, Omnichannel
205.909.3563
mcdanielo@booksamillion.com
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| 2023-07-31T21:46:13
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SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Sanmina Corporation ("Sanmina" or the "Company") (NASDAQ: SANM), a leading integrated manufacturing solutions company, today reported financial results for the fiscal third quarter ended July 1, 2023 and outlook for its fiscal fourth quarter ending September 30, 2023.
"Our third quarter results were in line with our outlook. We continue to execute well and deliver consistent operating margins and solid cash generation," stated Jure Sola, Chairman and Chief Executive Officer. "Our strong performance in the first nine months and achievement of our outlook for the fourth quarter would result in fiscal 2023 revenue growth of approximately 14 percent and non-GAAP EPS growth of approximately 35 percent. The team remains focused on excellence in quality, delivery and consistently meeting the needs of our customers. We have a strong foundation and promising future," Sola concluded.
Fourth Quarter Fiscal 2023 Outlook
The following outlook is for the fiscal fourth quarter ending September 30, 2023. These statements are forward-looking and actual results may differ materially.
- Revenue between $2.1 billion to $2.2 billion
- GAAP diluted earnings per share between $1.24 to $1.34
- Non-GAAP diluted earnings per share between $1.47 to $1.57
Safe Harbor Statement
The statements above concerning our financial outlook for the fourth quarter fiscal 2023 and our expectations for growth in revenue and non-GAAP earnings per share in fiscal 2023 should such outlook be achieved, constitute forward-looking statements within the meaning of the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934. Actual results could differ materially from those projected in these statements as a result of a number of factors, most notably ongoing supply chain constraints and geopolitical uncertainty, including from the conflict in Ukraine. Other factors that could cause our results to differ from our forward-looking statements include adverse changes to the key markets we target; significant uncertainties that can cause our future sales and net income to be variable; reliance on a small number of customers for a substantial portion of our sales; risks arising from our international operations; and the other risk factors set forth in the Company's annual and quarterly reports filed with the Securities Exchange Commission.
The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter any of the forward-looking statements made in this earnings release, the conference call or the Investor Relations section of our website whether as a result of new information, future events or otherwise, unless otherwise required by law.
Company Conference Call Information
Sanmina will hold a conference call to review its financial results for the third quarter and outlook for the fourth quarter of fiscal 2023 on Monday, July 31, 2023 at 5:30 p.m. ET (2:30 p.m. PT). The access numbers are: domestic 833-816-1390 and international 412-317-0483. The conference will also be webcast live over the Internet. You can log on to the live webcast at Q3 Webcast Link. Additional information in the form of a slide presentation is available on Sanmina's website at www.sanmina.com. A replay of the conference call will be available for 48-hours. The access numbers are: domestic 877-344-7529 and international 412-317-0088, access code is 1520057.
About Sanmina
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the industrial, medical, defense and aerospace, automotive, communications networks and cloud infrastructure markets. Sanmina has facilities strategically located in key regions throughout the world. More information about the Company is available at www.sanmina.com.
Sanmina Contact
Paige Melching
SVP, Investor Communications
408-964-3610
Schedule 1
The statements above and financial information provided in this earnings release include non-GAAP measures of operating income, operating margin, net income, diluted earnings per share and pre-tax return on invested capital (ROIC). Management excludes from these measures stock-based compensation, restructuring, acquisition and integration expenses, impairment charges, amortization charges and other unusual or infrequent items, as adjusted for taxes, as more fully described below.
Management excludes these items principally because such charges or benefits are not directly related to the Company's ongoing core business operations. We use such non-GAAP measures in order to (1) make more meaningful period-to-period comparisons of the Company's operations, both internally and externally, (2) guide management in assessing the performance of the business, internally allocating resources and making decisions in furtherance of Company's strategic plan, (3) provide investors with a better understanding of how management plans and measures the business and (4) provide investors with a better understanding of our ongoing, core business. The material limitations to management's approach include the fact that the charges, benefits and expenses excluded are nonetheless charges, benefits and expenses required to be recognized under GAAP and, in some cases, consume cash which reduces the Company's liquidity. Management compensates for these limitations primarily by reviewing GAAP results to obtain a complete picture of the Company's performance and by including a reconciliation of non-GAAP results to GAAP results in its earnings releases.
Additional information regarding the economic substance of each exclusion, management's use of the resultant non-GAAP measures, the material limitations of management's approach and management's methods for compensating for such limitations is provided below.
Stock-based Compensation Expense, which consists of non-cash charges for the estimated fair value of equity awards granted to employees and directors, is excluded in order to permit more meaningful period-to-period comparisons of the Company's results since the Company grants different amounts and value of equity awards each quarter. In addition, given the fact that competitors grant different amounts and types of equity awards and may use different valuation assumptions, excluding stock-based compensation permits more accurate comparisons of the Company's core results with those of its competitors.
Restructuring, Acquisition and Integration Expenses, which consist of severance, lease termination costs, exit costs, environmental investigation, remediation and related costs and other charges primarily related to closing and consolidating manufacturing facilities and those associated with the acquisition and integration of acquired businesses, are excluded because such charges (1) can be driven by the timing of acquisitions and exit activities which are difficult to predict, (2) are not directly related to ongoing business results and (3) generally do not reflect expected future operating expenses. In addition, given the fact that the Company's competitors complete acquisitions and adopt restructuring plans at different times and in different amounts than the Company, excluding these charges or benefits permits more accurate comparisons of the Company's core results with those of its competitors. Items excluded by the Company may be different from those excluded by the Company's competitors and restructuring and integration expenses include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Therefore, management also reviews GAAP results including these amounts.
Impairment Charges, which consist of non-cash charges, are excluded because such charges are non-recurring and do not reduce the Company's liquidity. In addition, given the fact that the Company's competitors may record impairment charges at different times, excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors.
Amortization Charges, which consist of non-cash charges impacted by the timing and magnitude of acquisitions of businesses or assets, are also excluded because such charges do not reduce the Company's liquidity. In addition, such charges can be driven by the timing of acquisitions, which is difficult to predict. Excluding these charges permits more accurate comparisons of the Company's core results with those of its competitors because the Company's competitors complete acquisitions at different times and for different amounts than the Company.
Other Unusual or Infrequent Items, such as charges or benefits associated with distressed customers, expenses, charges and recoveries relating to certain legal matters, gains and losses on sales of assets, deferred tax adjustments and discrete tax items, are excluded because such items are typically non-recurring, difficult to predict or not directly related to the Company's ongoing or core operations and are therefore not considered by management in assessing the current operating performance of the Company and forecasting earnings trends. However, items excluded by the Company may be different from those excluded by the Company's competitors. In addition, these items include both cash and non-cash expenses. Cash expenses reduce the Company's liquidity. Management compensates for these limitations by reviewing GAAP results including these amounts.
Adjustments for Taxes, which consist of the tax effects of the various adjustments that we exclude from our non-GAAP measures, and adjustments related to deferred tax and discrete tax items. Including these adjustments permits more accurate comparisons of the Company's core results with those of its competitors. We determine the tax adjustments based upon the various applicable effective tax rates. In those jurisdictions in which we do not expect to realize a tax cost or benefit (due to a history of operating losses or other factors), a reduced tax rate is applied.
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| 2023-07-31T21:46:16
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WASHINGTON (AP) — Defending champion Liudmila Samsonova stretched her winning streak in Washington to six matches by beating 2022 Australian Open finalist Danielle Collins 6-1, 6-3 in the first round of the DC Open on Monday.
The eighth-seeded Samsonova saved both break points she faced while winning four of Collins’ service games. Collins hurt herself by double-faulting eight times.
Samsonova is a 24-year-old from Russia who is currently ranked 18th. Her trophy on the hard courts of the U.S. Open tune-up tournament a year ago was one of four singles titles she’s won.
In other women’s matches on Day 1 at the first combined ATP-WTA 500 event, sixth-seeded Belinda Bencic advanced when Anastasia Potapova retired from their match in the first set with an injured left ankle, and Marta Kostyuk eliminated 2019 U.S. Open champion Bianca Andreescu 2-6, 6-3, 7-6 (5).
In men’s action, Aslan Karatsev beat Kiranpal Pannu 7-6 (3), 6-1, Alexander Shevchenko defeated Maxime Cressy 6-3, 7-6 (8), Michael Mmoh beat Bradley Klahn 6-3, 6-3, and Yosuke Watanuki moved into the second round when Wu Yibing stopped playing because of illness.
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AP tennis: https://apnews.com/hub/tennis
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| 2023-07-31T21:46:20
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DENVER, July 31, 2023 /PRNewswire/ -- The Principal Real Estate Income Fund (NYSE:PGZ) announces the sources of a distribution paid on July 31, 2023 of $0.1050 per share to shareholders of record at the close of business on July 18, 2023, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission and includes the notice below sent to shareholders regarding the source of the distribution.
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The Fund estimates that it has distributed more than its income; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations, which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2023 federal income tax return. The final tax character of any distribution declared in 2023 will be determined in January 2024 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Please retain this document for your records.
ALPS Advisors, Inc. is the investment adviser to the Fund.
Principal Real Estate Investors LLC is the investment sub-adviser to the Fund. Principal Real Estate Investors LLC is not affiliated with ALPS Advisors, Inc. or any of its affiliates.
ALPS Portfolio Solutions Distributor, Inc. is the FINRA Member.
PRE000386 7/31/2024
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SOURCE Principal Real Estate Income Fund
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https://www.kwch.com/prnewswire/2023/07/31/principal-real-estate-fund-announces-notification-sources-distribution/
| 2023-07-31T21:46:20
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https://www.kwch.com/prnewswire/2023/07/31/principal-real-estate-fund-announces-notification-sources-distribution/
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SEATTLE, July 31, 2023 /PRNewswire/ -- Seabourn, the leader in ultra-luxury voyages and expedition travel, took delivery of its second expedition ship, Seabourn Pursuit, today during an official handover maritime ceremony at the T. Mariotti shipyard in Genoa, Italy. Seabourn Pursuit is the company's second purpose-built, ultra-luxury expedition ship and the newest expedition ship in the industry.
"I am honored to share this incredible moment with the entire Seabourn family as we welcome Seabourn Pursuit, our highly anticipated second ultra-luxury expedition ship, into our fleet," expressed Natalya Leahy, Seabourn President. "With remarkable craftsmanship by the Mariotti team, an abundance of space, and the breathtaking style of Tihany Design, Seabourn Pursuit raises the bar for ultra-luxury expedition travel. We are grateful to Mariotti and Tihany Design for their expertise in shaping and making our dream come true for our guests."
Leahy added that the state-of-the-art Seabourn Pursuit will provide the perfect combination of luxury and expedition. "Seabourn Pursuit offers the best of both worlds: our well-known signature luxury and elegance with the world of exploration and adventure. The ship is masterfully designed for our guests, who are extraordinary people looking for out of the ordinary experiences. Our guests will indulge in Seabourn's ultra-luxury style and enjoy our intuitive, personalized service, while the ship takes them to awe-inspiring destinations around the world that only few will ever visit in a lifetime."
"Today, one year after the delivery of Seabourn Venture, we are very happy to have completed and delivered her sister ship, Seabourn Pursuit," said Marco Ghiglione, Managing Director of T. Mariotti. "We are truly proud to have built the most outstanding ultra-luxury expedition ship for Seabourn, one of the leading cruise lines in the luxury market. This is another important masterpiece for Italian shipbuilding coming out of T. Mariotti shipyard, demonstrating again that our leadership in this sector is well consolidated. Thanks to Seabourn, all people involved in this journey, Lloyd's Register and the pencil of Adam Tihany, here is the new expedition jewel."
Seabourn Pursuit offers the same luxurious "yacht like" small ship experience that travelers have come to expect from Seabourn, enhanced by world-class equipment that allows the line to offer its widest range of expedition activities led by an expert 24-person expedition team of scientists, scholars, naturalists, and more. Seabourn Pursuit is designed and built for remote, diverse environments to PC6 Polar Class standards and will include a plethora of modern hardware and technology that will extend the ship's global deployment and capabilities. Seabourn Pursuit has close to 30,000 square feet of deck space and special touches at every turn. Those include indoor and outdoor guest areas with nearly 270-degree views, and a 4K GSS Cineflex Camera mounted on the mast of the Constellation Lounge capable of broadcasting imagery from miles ahead on monitors located throughout the ship and in guest suites.
In addition, Seabourn Pursuit, like the rest of the ships in the Seabourn fleet, offers an abundance of space and elegance, eight dining facilities serving gourmet cuisine, and luxurious all-suite accommodations, including a pair of two-level Wintergarden suites.
Seabourn Pursuit is scheduled to enter service August 12, 2023, and will sail five voyages in the Mediterranean before embarking on two voyages across the Atlantic and through the Caribbean. On October 10, 2023, the ship will arrive in Barbados to begin its expedition journeys, taking guests to remote corners of the globe. Seabourn Pursuit will head south for expeditions exploring coastal South America, the Amazon, and Antarctica into late March 2024.
Following its inaugural Antarctic season, the ship will head across the islands of the South Pacific and eventually to Australia, which will be the start of the line's first exploration of the Kimberley region in the Northern Territory and Western Australia between June and August 2024. The iconic Kimberley, with its red sandstone gorges, rivers, waterfalls, wildlife, and Aboriginal life and history, is the ideal setting for a truly, world-class expedition experience. In addition to the Kimberley, Seabourn Pursuit will visit Papua New Guinea, West Papua, Indonesia, and sail across the South Pacific between Chile and Melanesia between March and October 2024.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
About Seabourn:
Seabourn represents the pinnacle of ultra-luxury ocean and expedition travel and operates a suite of six modern ships with one under construction. The all-inclusive, boutique ships offer all-suite accommodations with oceanfront views; award-winning dining; complimentary premium spirits and fine wines available at all times; renowned service provided by an industry-leading crew; a relaxed, sociable atmosphere that makes guests feel at home; a pedigree in expedition travel through the Ventures by Seabourn program and two new ultra-luxury purpose-built expedition ships, including Seabourn Venture that launched in 2022 and Seabourn Pursuit scheduled to enter service in 2023. Seabourn takes travelers to every continent on the globe, visiting more than 400 ports including marquee cities and lesser-known ports and hideaways. Guests of Seabourn experience extraordinary offerings and programs, including partnerships with leading entertainers, dining, personal health and wellbeing, and engaging speakers.
For more details about Seabourn, or to explore the worldwide selection of Seabourn cruising options, contact a professional travel advisor, call Seabourn at 1-800-929-9391 or visit www.seabourn.com.
Seabourn is a brand of Carnival Corporation and plc (NYSE/LSE: CCL and NYSE: CUK).
Find Seabourn on Twitter, Facebook, Instagram, YouTube and Pinterest.
Notes to Editors:
Seabourn is consistently ranked among the world's top travel choices by professional critics and the discerning readers of prestigious travel publications such as Departures, Travel + Leisure and Condé Nast Traveler. Its stylish, distinctive cruising vacations are renowned for:
- Purpose-built expedition ships, PC6 ice-strengthened hull, with advanced maneuvering technology for superior stability, safety, and comfort
- World-class Expedition Team, delivering immersive experiences
- All veranda, all ocean-front suites luxuriously appointed
- Handcrafted itineraries developed for the expedition traveler to the most coveted and familiar remote destinations in the world
- Intimate ships with a private club atmosphere
- Intuitive, personalized service provided by staff passionate about exceeding guests' expectations
- Inclusive expedition experiences with Zodiacs, scuba diving and snorkeling
- Optional expedition experiences with kayaks and custom-built, 6-guest submarines giving the option to extend your expedition further for greater ocean exploration**
- Welcome toast and complimentary in-suite bar stocked with your preferences
- Hosted bridge policy* with Expedition team members providing firsthand access to the ship's command center and officers navigating your journey
- World-class dining venues are all complimentary, dine where, when and with whom you wish
- Tipping is neither required, nor expected
- Complimentary premium spirits and fine wines available on board at all times
- Meticulous and purposeful adventurers' resort at sea designed for the luxury traveler with unique attributes and spaces to enhance your experience
- Spa & Wellness with Dr. Andrew Weil, featuring an exclusive mindful living program**
- Committed to environmental stewardship and sustainability
*At the Captain's discretion
** Optional programs, for additional charge
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SOURCE Seabourn
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https://www.wafb.com/prnewswire/2023/07/31/seabourn-takes-delivery-seabourn-pursuit-lines-second-purpose-built-ultra-luxury-expedition-ship/
| 2023-07-31T21:46:22
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https://www.wafb.com/prnewswire/2023/07/31/seabourn-takes-delivery-seabourn-pursuit-lines-second-purpose-built-ultra-luxury-expedition-ship/
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GAINESVILLE, Fla. (AP) — Florida coach Billy Napier opened fall practice talking to his team about expectations — internal ones, anyway.
The once-mighty Gators are mostly an afterthought in the Southeastern Conference these days. Coming off consecutive 6-7 seasons — one in former coach Dan Mullen’s final season and the other in Napier’s inaugural campaign — Florida was picked to finish fifth in the Eastern Division in the league’s annual preseason media poll.
That’s one spot above last.
It was the lowest preseason prognostication for the Gators since also coming in fifth in 2015, former coach Jim McElwain’s first season. Florida responding by winning the East that year. Could it happen again? It would be an unbelievable long shot considering Napier pretty much has an overhauled roster after losing quarterback Anthony Richardson and 14 other starters.
“I really feel like we’re going to shock a lot of people this year as far as the standard is so low right now,” cornerback Jaydon Hill said. “It blows my mind a little bit. But then again, we’ve just got to win games. It just comes down to winning.”
Florida hasn’t won nearly enough for a fanbase that grew accustomed to it under legends Steve Spurrier and Urban Meyer. Although the Gators have enjoyed pockets of success since, they have yet to put it all together in terms of recruiting talent, developing players and building a consistent contender.
Napier had a detailed plan when he took over in November 2021, but it didn’t account for having to navigate a burgeoning transfer portal or a constantly changing name, image and likeness landscape.
So Napier sounds more like a coach entering their first year rather than one expecting the kind of second-year jumps that helped vault Spurrier and Meyer to stardom. He’s implemented several team-building exercises, including moving players into on-campus dorms for the opening week of training camp and rooming them with guys from other position groups.
They’ll eat every meal in an old-school dining hall — no phones allowed — and work on developing leadership as much as perfecting concepts, formations and plays.
“I think it’s important that we connect and try to create crossover relationships in all parts of what we do,” Napier said. “It’s absolutely important to what we do.”
Adding another layer to his unification efforts, Napier has a get-to-know-your-teammate initiative that requires players to be able to provide names and hometowns on the spot for 10 colleagues pictured.
“It’s one thing to know the guy’s first name, but it’s another thing to know his first and last name, where he’s from, part of his story, and I think with time we’ll get to that place,” Napier said. “But it’s about agreeing that there’s an expectation, and then, ‘Hey, if you can do better, you can do better.’ I think that’s the key to the drill. That’s where we’re at as a team.”
It’s a far cry from having to tamp down expectations of making the College Football Playoff or winning championships. No one’s ruled those out in Gainesville, but most would agree they seem more plausible down the road.
Florida returns seven starters from last year’s team and has a number of transfers to work into the mix. Quite possibly the main reason for Florida’s humble preseason forecast is because the team appears locked into starting former Wisconsin quarterback Graham Mertz, who completed 60% of his passes for 5,405 yards, with 38 touchdowns and 26 interceptions, in four years with the Badgers.
Florida lost four-star QB recruit Jaden Rashada in a failed NIL deal in January, leaving Mertz and former Ohio State backup Jack Miller to compete for the starting job. All signs point to Mertz taking the first snap when the Gators open the season at Utah on Aug. 31.
Although Napier appears to have Florida on the path back to national relevancy; the team’s 2024 recruiting class is ranked third behind Georgia and Ohio State, according to 247sports.com. In the meantime, the only expectations he’s focused on are the internal ones.
“The expectation we’re going to establish for each other … should be much higher than any outside narrative or outside opinion,” Napier said. “If I’m walking around the building each day, if I’m living life and I’m most concerned with not letting the people down that are going to be in this team meeting in a couple hours, that’s the most important piece.”
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AP college football: https://apnews.com/hub/college-football and https://twitter.com/ap_top25. Sign up for the AP Top 25 newsletter here: https://link.apnews.com/join/6nr/morning-wire-newsletter-footer-internal-ads
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https://www.wane.com/sports/ap-sports/ap-florida-enters-year-2-under-billy-napier-amid-lowest-expectations-in-nearly-a-decade/
| 2023-07-31T21:46:26
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https://www.wane.com/sports/ap-sports/ap-florida-enters-year-2-under-billy-napier-amid-lowest-expectations-in-nearly-a-decade/
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MENLO PARK, Calif., July 31, 2023 /PRNewswire/ -- Robert Half Inc. (NYSE: RHI) announced today that its board of directors has approved a quarterly cash dividend of $0.48 per share. The cash dividend will be paid on Sept. 15, 2023, to all shareholders of record as of Aug. 25, 2023.
Robert Half is the world's first and largest specialized talent solutions and business consulting firm that connects people with meaningful work and provides companies with the talent and subject matter expertise they need to confidently compete and grow. Robert Half is the parent company of Protiviti®, a global consulting firm that provides internal audit, risk, business and technology consulting solutions. Robert Half, including Protiviti, has been named to the Fortune® Most Admired Companies™ and Most Innovative Companies lists and is a Forbes Best Employer for Diversity. Robert Half has talent solutions and consulting operations in more than 400 locations worldwide.
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SOURCE Robert Half
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https://www.kwch.com/prnewswire/2023/07/31/robert-half-announces-quarterly-dividend/
| 2023-07-31T21:46:27
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https://www.kwch.com/prnewswire/2023/07/31/robert-half-announces-quarterly-dividend/
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The nights before games were always the toughest times for Darrelle Revis.
One of the NFL’s most dominant cornerbacks would lie in bed thinking about what he needed to accomplish the next day on the field. Revis would go over the game plan, the notes from his film studies, the receivers’ routes and their tendencies.
Over and over until he’d fall asleep.
He’d wake up mentally prepared — and that brief anxiety would be replaced by supreme confidence.
“Restless nights, I’d say to start with,” Revis said. “Covering some of the greatest wide receivers in the game and future Hall of Famers at that time, I was probably the most nervous out of anybody on the field if I had that assignment.
“For me, it’s kind of looking at yourself in the mirror and saying to yourself, ‘It’s either me or him. I just have to stand up to the challenge.’ For me, I just took on the responsibility to take that assignment and try to shut him down.”
Revis did exactly that for most of his brilliant 11-year NFL career, including eight seasons over two stints with the New York Jets.
So much so, he earned the popular “Revis Island” nickname, a fitting tribute to how he’d single-handedly make many receivers disappear — lost on an island — from opponents’ game plans.
“This is a once-in-a-lifetime type corner,” former Jets coach Rex Ryan once said. “And that’s a fact.”
Tough to argue, and voters for the Pro Football Hall of Fame made Revis a first-ballot inductee following a career during which he routinely locked down one side of the field with his air-tight coverage.
He also gave plenty of opposing offensive coordinators plenty of restless nights of their own.
“I just felt I had the ability and skill set and the coaching staff who believed in me that I had the ability to shut them down,” Revis said.
That was perhaps most evident during the 2009 season, when Revis had arguably the greatest year at his position.
Ever.
Randy Moss, Chad Johnson, Andre Johnson, Steve Smith, Terrell Owens, Reggie Wayne and Roddy White were all non-factors against the Jets that season — because they couldn’t shake Revis.
“I shouldn’t have even suited up,” Wayne said after having just a 1-yard catch in Indianapolis’ playoff loss to New York that season.
Green Bay cornerback Charles Woodson won the AP Defensive Player of the Year award that year, but Ryan insisted Revis should’ve been the choice after having “the best year a corner has ever had.”
Revis had six interceptions and set an NFL record that still stands with 31 passes defensed that season. He never really came close to matching those marks in any season the rest of his career — because teams simply stopped throwing his way.
That was the ultimate sign of respect.
“It was a very comforting thing as a player that we’d have a guy that can take away the greatest weapon of the other team’s offensive players,” former Jets center and long-time teammate Nick Mangold said. “So it was very much like a security blanket, like, we’ve got him, so we’re good.”
Revis was drafted by the Jets out of the University of Pittsburgh with the 14th overall pick in 2007 when they traded up 11 spots to add a player they believed could change their defense. And he certainly delivered, making an instant impact under coach Eric Mangini before thriving as the heart of Ryan’s defense.
“One of the highlights for me is just being drafted,” Revis said. “Just fulfilling that dream. Just the hills I had to run at an incline, the abs, the pushups, the overtime, just put into everything to try to even dare myself to be one of the best or one of the greatest or amount to be somewhat of the next Deion Sanders, in a way.”
The comparisons quickly became a regular thing for Revis, whose abilities were often measured up against the likes of Sanders, Woodson, Rod Woodson, Ty Law, Champ Bailey and Mel Blount.
Until the debates began about whether Revis was actually the best cornerback ever.
That’s subjective, of course, with some pointing out Revis’ relatively short period of greatness. A knee injury wiped out his 2012 season and a contract dispute — he had a few of those, helping set the market for cornerbacks — ended with him being traded to Tampa Bay the following offseason.
Revis won a Super Bowl the next year with New England, irking Jets fans, but he returned to New York in 2015 and played two more seasons for his original team. After a short stint with Kansas City in 2017, Revis retired. He was inducted into the Jets’ ring of honor last year.
His playing legacy came with his performance in games, but he built a reputation for striving to be great with his intense approach during practice. Revis would get on teammates who weren’t giving their all, and his goal was to not give up a catch to anyone.
And if he did, Revis would be ticked off. About catches that didn’t even count — to everyone other than Revis.
“Every practice, to him, was a game,” Mangold said. “So he was going out there and no one was going to catch a ball on him. It was the result of his competitive nature. He was always working to win.”
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AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
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https://www.wane.com/sports/ap-sports/ap-revis-shut-down-his-nerves-and-then-the-nfls-best-wide-receivers-on-his-way-to-the-hall-of-fame/
| 2023-07-31T21:46:27
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https://www.wane.com/sports/ap-sports/ap-revis-shut-down-his-nerves-and-then-the-nfls-best-wide-receivers-on-his-way-to-the-hall-of-fame/
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Companies combine expertise to deliver innovative technology solutions for arenas, stadiums, convention and exhibition centers, and performing arts venues
TUCSON, Ariz., July 31, 2023 /PRNewswire/ -- Simpleview and ASM Global are pleased to announce a partnership created to provide a unified network of websites and technology solutions for the ASM Global portfolio of venues. The partnership was strategically designed to develop cohesive branding powered by a best-in-class technology stack and ticketing integrations that promote visitors and drive web conversions for arenas, stadiums, convention and exhibition centers, and performing arts venues.
Simpleview, a leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and ASM Global, the world's leading venue management and services company, will serve the meetings and events ecosystem; by leveraging Simpleview's advanced technology and ASM Global's extensive global network, this partnership will enable clients to create captivating digital experiences that drive engagement and ticket sales and enhance venue marketing efforts.
Highlights of the partnership include:
- Enhanced Website Capabilities: a new generation of website solutions with state-of-the-art features and functionalities equipped with user-friendly content management systems, robust event and ticketing integrations, interactive mapping tools, and seamless integration with social media platforms
- Personalized Experiences: clients can deliver tailored content and offers to individual users, ensuring a highly personalized and engaging journey for every visitor
- Mobile-Optimized Design: prioritization of mobile optimization, ensuring that websites are fully accessible across all screen sizes and platforms
- Data-Driven Insights: comprehensive analytics and reporting gain insights into visitor behavior, marketing performance, and conversion rates so venues can make informed decisions and optimize marketing strategies effectively
"ASM Global is thrilled to work in partnership with Simpleview to create a cohesive, best-in-class website solution for our diverse global portfolio of stadiums, arenas, theaters, and convention centers," said Alex Merchán, chief marketing officer at ASM Global. "From the start of this relationship, Simpleview has impressed us with its tech stack, service offering, data-driven approach, and talented team. We look forward to building and scaling this partnership in the years ahead."
About Simpleview
Simpleview is a worldwide leading provider of CRM, CMS, website design, digital marketing services, and data insights for convention bureaus, venues, tourism boards, destination marketing organizations (DMOs), and attractions. The company employs staff across the globe, serving clients of all sizes, including small towns, world capitals, top meeting destinations, and countries across multiple continents.
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https://www.wafb.com/prnewswire/2023/07/31/simpleview-amp-asm-global-partnership-provide-cutting-edge-network-websites-portfolio-venues/
| 2023-07-31T21:46:29
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https://www.wafb.com/prnewswire/2023/07/31/simpleview-amp-asm-global-partnership-provide-cutting-edge-network-websites-portfolio-venues/
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Published: Jul. 31, 2023 at 3:30 PM CDT|Updated: 1 hour ago
Business highlights include $50 million share repurchase, continued progress integrating recent acquisitions, ongoing development and implementation of organic growth and customer experience initiatives including our new University Park, IL service center, and eighth consecutive increase in the quarterly dividend. Quarterly results include strong cash flow generation.
CHICAGO, July 31, 2023 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the second quarter ended June 30, 2023.
Highlights:
Achieved Net Income attributable to Ryerson Holding Corporation of $37.6 million with Adjusted EBITDA1, excluding LIFO of $70.1 million
Earned Diluted EPS2 of $1.06 on revenue of $1.3 billion
Generated Operating Cash Flow of $115.3 million and Free Cash Flow of $69.1 million
Maintained Net Leverage ratio within target range at 1.4x, debt of $396 million and net debt3 of $366 million as of June 30, 2023
Repurchased 1.4 million shares directly from an affiliate of Platinum Equity, concurrent to their secondary public offering, creating value for shareholders and contributing to free float increasing to 77% as of June 30, 2023
Announced third quarter 2023 dividend of $0.1825 per share, a 1.4% increase from the prior quarter
A reconciliation of non-GAAP financial measures to the comparable GAAP measure is included below in this news release.
Management Commentary Eddie Lehner, Ryerson's President and Chief Executive Officer, said, "I want to thank all of my Ryerson teammates for their continued dedication to operating safely and productively, and I want to thank our customers for the opportunity to create and deliver better customer experiences which we never take for granted. Counter-cyclical industry conditions, particularly within our stainless-steel products franchise, arrived mid-quarter and were evidenced by industrial metals bellwether price index declines and demand contraction in Ryerson's later-cycle end markets. Counter-cyclical conditions as experienced during the second half of last year re-emerged in the second quarter of this year for a myriad of reasons. Shifting consumer spending patterns, higher interest rates, quieted but still present financial system stress and tightening as well as an economic recovery in China that has failed to materialize all contributed to a subdued manufacturing macro environment during the quarter. Ryerson is investing in and preparing for the next synchronized manufacturing upturn whose secular characteristics around the necessity of above trend growth in fixed-asset investment with greater supply-chain resiliency remain intact. We are confident that carrying our growth and operating model investments across counter-cyclical waters as expressed through our recent acquisitions, greenfield service centers and facility modernizations and capital expenditures around value-added fabrication as well as ongoing investments in digitalization, future-state systems and additive manufacturing will position Ryerson well for both the next cyclical upturn and the longer term secular growth in North American manufacturing activity that is underway. As we have during past counter-cycles, we will take out non-value-added costs, flex expenses down, and better optimize our industrial metals inventories as we move through the third quarter and back-half of the year."
Second Quarter Results Ryerson generated net sales of $1.3 billion in the second quarter of 2023, a decrease of 4.5%, compared to the first quarter of 2023. This was largely driven by sequentially lower volumes, which decreased 4.4%, while average selling prices remained unchanged, compared to the first quarter of 2023.
Gross margin expanded sequentially by 60 basis points to 19.4% in the second quarter, compared to 18.8% in the first quarter. Gross Margins reflected LIFO income of $9M, as the commodity price curves for our metals products sales mix decreased resulting in a LIFO credit in costs of goods sold.
Excluding the impact of LIFO, gross margin contracted 40 basis points to 18.7% in the second quarter, compared to 19.1% in the first quarter. This was primarily driven by a decrease in stainless steel commodity prices coupled with continued high inventories in the channel that put downward pressure on average selling prices. Warehousing, delivery, selling, general and administrative expenses increased 4.3% to $202.6 million in the second quarter, compared to $194.2 million in the first quarter, primarily driven by expense related to acquisitions, higher depreciation expense driven by higher capital expenditures on growth initiatives, reorganization expenses related to an ERP systems implementation and start-up costs associated with the University Park service center, which were partially offset by lower fixed operating expenses.
Net income attributable to Ryerson Holding Corporation for the second quarter of 2023 was $37.6 million, or $1.06 per diluted share, compared to net income of $47.3 million, or $1.27 per diluted share in the previous quarter. Ryerson generated Adjusted EBITDA, excluding LIFO of $70.1 million in the second quarter, compared to the first quarter Adjusted EBITDA, excluding LIFO of $90.1 million.
Liquidity & Debt Management Ryerson generated $115.3 million of cash from operations in the second quarter of 2023, supported by net income attributable to Ryerson Holding of $37.6 million and working capital release of $37.8 million. The Company ended the second quarter of 2023 with $396 million of debt and $366 million of net debt, sequential increases of $1 million and $15 million, respectively, compared to the first quarter. Ryerson's leverage ratio as of the second quarter was 1.4x, within the Company's target leverage range. Ryerson's global liquidity, composed of cash and cash equivalents and availability on its revolving credit facilities was $790 million as of June 30, 2023.
Shareholder Return Activity
Dividends. During the second quarter of 2023, Ryerson paid a quarterly dividend in the amount of $0.1800 per share, amounting to a cash return of approximately $6.2 million. On July 31, 2023, the Board of Directors declared a quarterly cash dividend of $0.1825 per share of common stock, payable on September 14, 2023, to stockholders of record as of August 31, 2023.
Share Repurchase. On May 8, 2023, Ryerson repurchased 1,369,300 shares of common stock for approximately $50.0 million directly from an affiliate of Platinum Equity. Additionally, over the course of the second quarter of 2023, the Company repurchased 12,872 shares for $0.4 million in the open market. In total, Ryerson repurchased 1,382,172 shares of common stock resulting in a return to shareholders of approximately $50.4 million for the second quarter of 2023. Ryerson made these repurchases in accordance with its share repurchase authorization, which allows the Company to acquire up to an aggregate amount of $100.0 million of the Company's common stock through April of 2025. As of June 30, 2023, $49.6 million of the $100.0 million remained under the existing share repurchase authorization.
Outlook Commentary For the third quarter of 2023, Ryerson expects a continuation of slowing demand conditions, with customer shipments expected to decrease approximately 2% to 4%, quarter-over-quarter. The Company anticipates third-quarter net sales to be in the range of $1.25 billion to $1.30 billion, with average selling prices decreasing 1% to 2%. LIFO income in the third quarter of 2023 is expected to be $2 million. We expect adjusted EBITDA, excluding LIFO in the range of $43 million to $47 million and earnings per diluted share in the range of $0.31 to $0.43.
Earnings Call Information Ryerson will host a conference call to discuss second quarter 2023 financial results for the period ended June 30, 2023, on Tuesday, August 1, 2023, at 10 a.m. Eastern Time. The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com. A replay will be available at the same website for 90 days.
About Ryerson Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,300 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.
Notes: 1For EBITDA, Adjusted EBITDA and Adjusted EBITDA excluding LIFO please see Schedule 2 2EPS is Earnings per Share 3Net debt is defined as long term debt plus short term debt less cash and cash equivalents and excludes restricted cash
Legal Disclaimer The contents herein are provided for general information purposes only and do not constitute an offer to sell or buy, or a solicitation of an offer to buy, any security ("Security") of the Company or its affiliates ("Ryerson") in any jurisdiction. Ryerson does not intend to solicit, and is not soliciting, any action with respect to any Security or any other contractual relationship with Ryerson. Nothing in this release, individually or taken in the aggregate, constitutes an offer of securities for sale or buy, or a solicitation of an offer to buy, any Security in the United States, or to U.S. persons, or in any other jurisdiction in which such an offer or solicitation is unlawful.
Safe Harbor Provision Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; the impact of geopolitical events, including Russia's invasion of Ukraine and global trade sanctions; fluctuating metal prices; our indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; the ownership of a significant portion of our equity securities by a single investor group; work stoppages; obligations under certain employee retirement benefit plans; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2022,our quarterly report on Form 10-Q for the quarter ended June 30, 2023 and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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| 2023-07-31T21:46:33
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The New York Mets are paying Texas $35.51 million over the next 14 months as part of the Max Scherzer trade, leaving the Rangers in effect responsible for $22.5 million owed to the three-time Cy Young Award winner, according to details of the deal obtained by The Associated Press.
New York, just 50-55 despite a record-high payroll, has cut costs by nearly $26 million in pay and luxury tax this year by getting rid of Scherzer and reliever David Robertson ahead of Tuesday’s trade deadline. The Mets have offloaded just over $13.5 million in salary, resulting in an additional tax saving of about $12.15 million.
Texas acquired Scherzer on Sunday for minor league infielder Luisangel Acuña, a brother of Atlanta All-Star outfielder Ronald Acuña Jr. Scherzer’s cost to the Rangers is $10 million this year and $12.5 million in 2024.
The Rangers assumed responsibility for the 39-year-old right-hander’s salary on Monday, when he was owed $58.01 million for the remainder of a $130 million, three-year contract he agreed to before the 2022 season.
Of the $14.67 million left of Scherzer’s $43.33 million salary for this season’s final 64 days, the Mets will pay Texas $4.67 million in four installments of $1.16 million on Aug. 15 and 31 and Sept. 15 and 30.
Scherzer gets a $43.33 million salary next season in the final year of the deal. The Mets will pay the Rangers $30.83 million in 12 installments of $2.56 million on the 15th and final day of each month from April 2024 through September 2024.
New York’s payroll rose to a projected $365 million after it acquired reliever Trevor Gott from Seattle on July 3, and the Mets’ luxury tax payroll increased to about $385 million. That was on track for a tax of about $95 million.
When the Mets traded Robertson to Miami last week, the Marlins assumed $3.54 million remaining of Robertson’s $10 million salary.
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AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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| 2023-07-31T21:46:35
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BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023.
ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.40 trillion in assets under management as of June 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, Twitter, YouTube, and troweprice.com/newsroom.
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| 2023-07-31T21:46:36
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POMPANO BEACH, Fla., July 31, 2023 /PRNewswire/ -- Southern Auto Finance Company, LLC ("SAFCO") today announced a Chief Financial Officer transition. Jason Person has been named as SAFCO's new CFO.
Most recently, Mr. Person served as the Vice President and Treasurer of Regional Management Corporation, a diversified consumer finance company, where he managed a team responsible for liquidity management, investor relations, and financial analytics. Prior to Regional Management Corporation, Mr. Person served as the Director of Treasury and Capital Markets at Global Lending Services and as Assistant Vice President of Finance for Exeter Finance Corporation. He holds a Bachelor's Degree in Business Management from Anderson University and an MBA from Texas A&M University.
The company's current CFO Gary Stein is retiring after 22 years of dedicated service to SAFCO. Mr. Stein will remain in an advisory capacity for several months to help with the transition.
Commenting on the transition, SAFCO's CEO George Fussell, Sr. conveyed his heartfelt appreciation for Mr. Stein's contributions during his tenure, stating "We owe Gary a great debt of gratitude for his years of service. His remarkable leadership, financial acumen, and mentorship of the team have been instrumental in shaping the very foundation of our company's success. We wish him the best in his well-deserved retirement." Mr. Fussell further stated, "Jason represents a significant addition to our executive leadership team. He brings a wealth of expertise in treasury/capital markets, financial planning, and analytics that will undoubtedly contribute to SAFCO's continued success as we move forward."
About SAFCO
SAFCO is an industry-leading auto finance company with the power to see creditworthiness where others don't. Our proprietary originations system, complete with deep machine learning, enables us to see beyond credit scores and basic alternative data and instead base our decisions on unique, realistic insights that reveal the full credit potential of applicants. SAFCO is headquartered in Pompano Beach, Florida.
Contact: Drew Pickens
Vice President of Human Resources
954-745-2529
apickens@gosafco.com
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SYDNEY (AP) — The Women’s World Cup is taking shape with shocks and highlights as it nears the end of the group stage.
Some players have established themselves as ones to watch, like Colombia star Linda Caicedo, who has made her team one of the tournament surprises. Colombia picked up an upset win over Germany, and Nigeria upset co-host Australia — just two of the games that showed the gap has closed at top level women’s soccer.
But co-host New Zealand was eliminated, and other big teams are in danger of not advancing headed into the final few days of group play.
The Associated Press takes a look at some of the highlights and lowlights so far:
GOAL OF THE TOURNAMENT
There have been a number of contenders and Bia Zaneratto’s strike against Panama after a sweeping move from Brazil stands out as the most complete goal so far.
Ireland’s Katie McCabe scored directly from a corner kick against Canada, and England’s Lauren James curled in a long range effort against Denmark.
Even so, Caicedo’s solo goal in Colombia’s dramatic 2-1 win against Germany is the pick of the bunch. With a flash of skill, she beat two German players in the box before lashing a shot into the top corner as the Sydney crowd dominated by Colombia fans went wild.
MOMENT OF THE TOURNAMENT
It has to be Manuela Vanegas’ late winner for Colombia against Germany. Alexandra Popp seemed to position two-time champion Germany for a draw with an 89th-minute penalty.
But Vanegas’ header in the 97th minute gave Colombia a World Cup upset.
COMEBACK
Norway looked down and out after an opening game loss to co-host New Zealand and a goalless draw against Switzerland. With star player Ada Hegerberg injured, the odds were beginning to stack up against the Norwegians going into their final Group A match against the Philippines.
But three goals within 31 minutes set up a 6-0 rout that saw Norway advance to the knockout rounds in second place. The Norway win knocked New Zealand out of the tournament, making the Football Ferns the first host to be eliminated in group play in tournament history.
EMERGING STARS
Caicedo’s standout performances aren’t a surprise to those who have followed her career. The Real Madrid forward has long-been tipped to be one of the biggest stars in women’s soccer.
She hasn’t disappointed in her first World Cup and has inspired Colombia to back-to-back wins with goals in each game.
England coach Sarina Wiegman unleashed Chelsea forward James from the start in the Lionesses’ second game against Denmark, and she made a quick impression. Collecting the ball outside the area after six minutes, she swept a curling effort past Lene Christensen.
Haiti’s Melchie Dumornay has shown flashes of the talent that earned her a move to French powerhouse Lyon, while 19-year-old Aoba Fujino has become the youngest player to score at a World Cup for Japan’s men’s or women’s teams.
Casey Phair, a 16 year old, became the youngest-ever player to appear in a senior soccer World Cup when she was a second-half substitute for South Korea against Colombia.
DISAPPOINTMENTS
While youngsters have capitalized on their chance to shine, some of the established names have yet to make their mark.
There have been differing reasons for that.
Sam Kerr’s calf injury robbed Australia of its star striker for its opening two games, while Hegerberg’s groin injury has cut her playing time for Norway.
Alex Morgan, who was the co-leading scorer at the last World Cup, is still finding her footing in the United States’ new look attack.
Record international scorer Christine Sinclair was benched for Canada’s second game and is still waiting for her first goal of the tournament, while Brazil great Marta has also been used sparingly.
SURPRISES
New Zealand kicked the tournament off with a 1-0 win against Norway, but couldn’t keep up its momentum and went on to lose by the same score to the Philippines to set up the co-host’s early exit.
Jamaica’s 0-0 draw with fifth-ranked France was described by its coach Lorne Donaldson as the country’s greatest soccer result, for men or women. But the biggest surprise could be yet to come if Jamaica can avoid defeat against Brazil to advance to the round of 16.
Colombia’s dramatic late winner against Germany, meanwhile, was one of the great upsets.
ENTERTAINERS
The goals have been flowing for Spain and Japan, teams that both advanced from the group stage with a game to spare. Both teams secured 5-0 wins against Zambia and both have produced technically excellent displays.
Germany was on a high after its 6-0 rout of Morocco, but was humbled by Colombia.
Sweden routed Italy 5-0, while Norway found its scoring touch just in time against the Philippines.
ONES TO WATCH
Some of the favorites have made underwhelming starts. The two-time defending champion United States, England, Germany and France have not been totally convincing in group play and the tournament still looks wide open.
Colombia looks legitimate, and with Kerr back in action, Australia could become a contender.
The Netherlands look like serious contenders, while Spain and Japan have impressed. Brazil has shown flashes, but faces a fight to advance from the group stage.
Nigeria has shown it is dangerous, and Sweden has picked up back-to-back wins.
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James Robson is at https://twitter.com/jamesalanrobson
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More AP Women’s World Cup coverage: https://apnews.com/hub/fifa-womens-world-cup
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| 2023-07-31T21:46:42
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CHARLOTTE, N.C., July 31, 2023 /PRNewswire/ -- Ten Oaks Group, a recognized family office and standout in the corporate carve out sector, proudly announces the addition of four exceptional professionals to its esteemed team of Operating Partners. The recent hiring of James Deng, Greg Warren, David Izquierdo, and Lauren Celano underscores Ten Oaks Group's commitment to bringing accomplished talent with diverse capabilities and amplifying its capacity for turnaround, legal, and international investment exceptionalism.
James Deng assumes the position of Operating Partner at Ten Oaks Group. Prior to joining, he was a Vice President at Audax Private Equity supporting value creation initiatives. James has also served as Director of Revenue Growth Management at Keurig Dr Pepper and a management consultant at Ernst & Young focused on Corporate and Growth Strategy.
Greg Warren brings a wealth of legal and restructuring knowledge as he joins as Assistant General Counsel and Operating Partner. Greg previously was a member of White & Case LLP's financial restructuring and insolvency practice, representing debtors and creditors both in and out of bankruptcy. Greg has experience in operational, corporate, and financial matters, as well as litigation and acquisitions.
David Izquierdo joins as an Operating Partner focused on Ten Oaks Group's European portfolio companies. Prior to Ten Oaks, David focused on designing and implementing strategic and transformation programs across a wide variety of industries in roles in corporate development at Selenis and management consulting at Monitor Deloitte and PwC.
Lastly, Lauren Celano joins the team as Associate Operating Partner, leveraging her vast experience from the healthcare and pharmaceutical industries, where she also led business development efforts. Additionally, she has experience at Alvarez & Marsal and other private equity and venture capital firms.
"At Ten Oaks Group, we believe that attracting top-notch talent is essential for leading value creation efforts for our portfolio," said Kendall Thurlow, head of value creation at Ten Oaks Group. "Lauren, James, David, and Greg embody the caliber of professionals we seek to bring on board, and we are excited to welcome them as valuable members of our team of Operating Partners."
Ten Oaks Group is committed to cultivating a dynamic and growth-oriented environment for its practitioners. With a commitment to fostering private equity careers, the company offers comprehensive opportunities for professional development and advancement.
To learn more about the background and expertise of the newly hired Operating Partners and explore potential career opportunities with Ten Oaks Group, visit www.tenoaksgroup.com.
About Ten Oaks Group:
Ten Oaks Group is a family office focused exclusively on investing in corporate divestitures. It brings speed, flexibility and certainty to divestitures of non-core businesses that no longer fit their parent company's corporate strategy. Following acquisition, Ten Oaks Group leverages its experienced team of Operating Partners to manage the transition and separation process and implement operational strategies that reveal and optimize the underlying potential of each business.
Each company within Ten Oaks Group operates independently under its own dedicated management team and receives management support services from Ten Oaks Management, LLC. Ten Oaks Group was founded by Matt Magan and Mike Hahn and has closed 25 carve-out transactions across 10 countries since inception.
To learn more about Ten Oaks Group's unique approach to corporate divestitures, please visit www.tenoaksgroup.com.
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San Francisco prosecutors lay out case against consultant in killing 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. This material may not be published, broadcast, rewritten or redistributed without permission.
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Companies combine expertise to deliver innovative technology solutions for arenas, stadiums, convention and exhibition centers, and performing arts venues
TUCSON, Ariz., July 31, 2023 /PRNewswire/ -- Simpleview and ASM Global are pleased to announce a partnership created to provide a unified network of websites and technology solutions for the ASM Global portfolio of venues. The partnership was strategically designed to develop cohesive branding powered by a best-in-class technology stack and ticketing integrations that promote visitors and drive web conversions for arenas, stadiums, convention and exhibition centers, and performing arts venues.
Simpleview, a leading provider of CRM, CMS, and marketing solutions for destinations worldwide, and ASM Global, the world's leading venue management and services company, will serve the meetings and events ecosystem; by leveraging Simpleview's advanced technology and ASM Global's extensive global network, this partnership will enable clients to create captivating digital experiences that drive engagement and ticket sales and enhance venue marketing efforts.
Highlights of the partnership include:
- Enhanced Website Capabilities: a new generation of website solutions with state-of-the-art features and functionalities equipped with user-friendly content management systems, robust event and ticketing integrations, interactive mapping tools, and seamless integration with social media platforms
- Personalized Experiences: clients can deliver tailored content and offers to individual users, ensuring a highly personalized and engaging journey for every visitor
- Mobile-Optimized Design: prioritization of mobile optimization, ensuring that websites are fully accessible across all screen sizes and platforms
- Data-Driven Insights: comprehensive analytics and reporting gain insights into visitor behavior, marketing performance, and conversion rates so venues can make informed decisions and optimize marketing strategies effectively
"ASM Global is thrilled to work in partnership with Simpleview to create a cohesive, best-in-class website solution for our diverse global portfolio of stadiums, arenas, theaters, and convention centers," said Alex Merchán, chief marketing officer at ASM Global. "From the start of this relationship, Simpleview has impressed us with its tech stack, service offering, data-driven approach, and talented team. We look forward to building and scaling this partnership in the years ahead."
About Simpleview
Simpleview is a worldwide leading provider of CRM, CMS, website design, digital marketing services, and data insights for convention bureaus, venues, tourism boards, destination marketing organizations (DMOs), and attractions. The company employs staff across the globe, serving clients of all sizes, including small towns, world capitals, top meeting destinations, and countries across multiple continents.
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AUCKLAND, New Zealand (AP) — The United States arrived at the Women’s World Cup as the favorites to win an unprecedented third consecutive title. But after an underwhelming draw against the Netherlands, there’s a real chance the Americans can be eliminated in group play for the first time in tournament history.
The U.S. plays Portugal in the third and final match of Group E play, and if Portugal pulls off an upset Tuesday at Eden Park in Auckland, the Americans could be in big trouble.
The United States needs to either win or draw against Portugal, one of eight teams playing in its first World Cup, to ensure the Americans continue to play in this tournament.
“I think we feel like we have to win everything all the time,” said American star Megan Rapinoe. “That’s the expectation for ourselves. That’s the expectation playing for U.S. national team. It’s just kind of like, ‘Why would you come into the World Cup if you don’t think that you should win it, and if you don’t think that you can win it?’”
The United States sits atop the group after a 3-0 victory over Vietnam in the tournament opener, and a 1-1 draw with the Netherlands last Thursday in Wellington. The Dutch are tied with the U.S. on points, but the Americans have the tie-breaker on goals scored.
Portugal lost to the Dutch in its opener but then beat Vietnam 2-0. So if the Portuguese beat the United States, they’ll move on, and the Americans would then need Vietnam to beat the Dutch in Dunedin — while keeping their advantage on goal differential — to advance.
“One thing is for sure, that we have a job to do and that’s first and foremost to take care of our game, so our main focus right now it our performance, our team, and Portugal,” said U.S. coach Vlatko Andonovski. “What happens on the other side is something we can’t control. We have to stay focused on the things we can control.”
Portugal could use a swarming defense to try to prevent the United States from scoring the way Vietnam — unsuccessfully — played the Americans in the opener.
Portugal defender Ana Borges said her team will be prepared.
“This is the stage where we want to be. It’s against these teams that we want to play because we’re going to learn and grow from them,” Borges said. “Not saying anything about the other team, but if we weren’t prepared for this challenge, we wouldn’t be playing football.”
CHINA-ENGLAND
England is in very good shape headed into its Group D finale against China, needing only a draw Tuesday night in Adelaide, Australia to win the group and advance to the round of 16.
Even a loss would be OK and push England through as group winners so long as Denmark doesn’t beat Haiti. If Denmark won and England lost, the group winner would be decided by FIFA tiebreakers.
England edged out a 1-0 victory over Haiti to open the tournament, then beat Denmark by the same score.
China lost 1-0 to Denmark in the opener but rebounded with a 1-0 win over Haiti and is now trying to keep its streak intact of advancing out of group play in all eight of its World Cup appearances.
It will be a tough task: China can advance to the round of 16 if the Chinese beat England. But if Denmark beats Haiti, coupled with a China win, then FIFA tiebreakers would come into a play. A loss would mean China’s only chance at advancing would be if Haiti beat Denmark.
England and China meet for just the fifth time, but first since a 2-1 China victory in 2015.
England has scored in each of its last 15 matches at the Women’s World Cup for a tally of 25 goals since 2015. A goal against China would make England the first team to score in 16 consecutive matches in the tournament.
China is looking to win consecutive World Cup games for the first time since 1999.
VIETNAM-NETHERLANDS
The Netherlands want to win every match in the Women’s World Cup but none more so than Tuesday’s game against Vietnam.
At stake: avoiding Sweden in the knockout round.
The Dutch, the tournament runner-up in 2019, need only a win or a draw in the Group E match played in Dunedin, New Zealand. And even a loss would be OK so long as the United States beats Portugal in a game being played simultaneously.
But the Netherlands has mapped out the tournament and wants no part of Sweden anytime soon.
“The first aim is always to win and get to the last 16 and then after that if we can score goals we will, of course,” said Dutch coach Andries Jonker. “But looking at our colleagues from the U.S. and Portugal, we’ve noticed it’s not all that easy. We’ve never shown any kind of arrogance, but if we get chances to score goals we will. We would prefer to play against the number two in this group and not Sweden.”
The Netherlands are tied with the United States for the top spot in the group after playing to a 1-1 draw against the Americans and a 1-0 win over Portugal.
Vietnam has already been eliminated from its first Women’s World Cup following losses to the United States and Portugal. Vietnam has lost its last five internationals by a combined score of 18-1.
“The Netherlands tries to have as many goals as possible, and I have to say we are at a low level,” said Vietnam coach Mai Duc Chung. “If we compare with Asia, we’re still at a low level. So if we compare with the world, we are still quite behind. It is a success for us already. In the past two matches we have tried our best. Great effort already.”
HAITI-DENMARK
First-time Women’s World Cup participant Haiti would like to stick around a bit longer but needs a miracle against in the Group D finale against Denmark to have any shot to advance.
Haiti needs to beat Denmark in the Tuesday match played in Perth, Australia, and hope England beats China. If both those things happen, Haiti’s only chance would still come down to FIFA’s tiebreaker system.
It’s very long odds for Haiti, which has played better in this tournament than its 0-2 record shows. Haiti held both England and China to one goal each in the first two matches.
Haiti is on a six-game losing streak headed into what is probably its final game of this tournament.
Denmark, meanwhile, is trying to advance to the group stage for the first time since 1995. Denmark was a 1-0 winner over China to start the tournament, then lost 1-0 to England and heads into the game tied for second in the group with China with three points each.
A win over Haiti pushes Denmark through to the next round so long as England doesn’t lose to China. That scenario would put tiebreakers into play.
The Danes, in the tournament for the first time since 2007, can also get through with a draw, but again, only if England beats China.
Denmark has won five of its last seven international matches.
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AP World Cup coverage: https://apnews.com/hub/fifa-womens-world-cup and https://twitter.com/AP_Sports
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https://www.wane.com/sports/ap-sports/ap-us-needs-win-to-ensure-americans-avoid-elimination-in-group-play-for-first-time-in-womens-world-cup/
| 2023-07-31T21:46:48
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BALTIMORE, July 31, 2023 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $1.22 per share payable September 28, 2023, to stockholders of record as of the close of business on September 15, 2023.
ABOUT T. ROWE PRICE
Founded in 1937, T. Rowe Price (NASDAQ: TROW) helps people around the world achieve their long-term investment goals. As a large global asset management company known for investment excellence, retirement leadership, and independent proprietary research, the firm is built on a culture of integrity that puts client interests first. Investors rely on the award-winning firm for its retirement expertise and active management approach of equity, fixed income, alternatives, and multi-asset investment capabilities. T. Rowe Price manages $1.40 trillion in assets under management as of June 30, 2023, and serves millions of clients globally. News and other updates can be found on Facebook, Instagram, LinkedIn, Twitter, YouTube, and troweprice.com/newsroom.
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| 2023-07-31T21:46:53
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https://www.kwch.com/prnewswire/2023/07/31/t-rowe-price-group-declares-quarterly-dividend/
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WASHINGTON (AP) — A poster hanging at the DC Open site shows Frances Tiafoe — a competitor in the field from nearby Maryland — flanked by other men such as Andy Murray and Taylor Fritz and women such as Coco Gauff and Jessica Pegula.
It is a simple visualization of a complicated change to a tournament that began Monday and has been around for men since 1969, added women via a simultaneous but lower-tier and less-promoted event in 2009 and now is taking a further step by touting itself as the first combined ATP-WTA 500 event. That is two levels below Grand Slams and one level below Masters 1000s and was accomplished by elevating the women’s portion through the lease of what had been a hard-court tourney in San Jose, California, played during the same week.
While ostensibly that puts the men and women on equal footing in Washington — where players both will be trying to win a trophy and to prepare for the U.S. Open, the year’s last Grand Slam tournament — it still is not equal all the way around.
Most notably: The men’s champion receives a check for $353,445; the women’s champion earns $120,150. That is not an anomaly. There are other stops on the professional tennis tours that include female and male players but do not pay them evenly.
“Our main goal is to work toward equal prize money. That is what we want on the WTA side and what we think is fair. Especially at the combined events, we don’t want to see a discrepancy there. We want to see that we’re earning the same at the same event,” said Pegula, an American who is No. 3 in the rankings and seeded No. 1 in Washington and a member of the women’s tour’s player council. “The fans are coming to watch both of us, and we should be making the same.”
All four Grand Slam tournaments offer equal prize money across the board, something the U.S. Open started doing 50 years ago and others as recently as 2007. That won’t happen at the DC Open until 2027 as part of a wider plan the WTA recently announced to get equal paychecks at certain events by that year and at others by 2033.
“That will give everyone a chance to hopefully get revenues to grow to be able to afford it,” said Mark Ein, who has been the tournament chairman since 2019 and is part of the group that recently bought the NFL’s Washington Commanders from Dan Snyder.
“When we took over the tournament, one of my top goals was to secure a women’s event at an equal level as our men’s,” Ein said. “One of the things I love about tennis is it’s really the only sport where athletes of both genders compete on the same playing surface at the same time.”
There are other discrepancies between the men’s and women’s brackets in Washington.
The men’s field is 48 players; the women’s is 28. The rankings points available are nearly the same, but the men’s champion gets 500, the women’s 470.
Like Pegula, three-time major champion Murray, who is seeded 15th in Washington, said that all players “at the same event, on the same courts,” should be vying for the same payouts.
“But I think for it ever to become like truly equal, the WTA and the ATP are actually going to have to come together and work as one before that’s the case, because I don’t think it’s that straightforward just now that both tours have different sponsors, different TV deals and all of that stuff, too,” Murray said. “There is a few things that still need to change, but I feel like things are going in the right direction, like with the move to this event becoming a 500 for both. Can obviously still get better.”
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AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports
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https://www.wane.com/sports/ap-sports/ap-washington-tennis-tournament-offers-equal-status-for-women-and-men-but-unequal-prize-money/
| 2023-07-31T21:46:55
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National Night Out 2023: Here are the events taking place across Central Pa.
The annual community-building campaign that strives to improve relationships between police and the public will return on Tuesday, Aug. 2.
National Night Out
National Night Out is an annual community-building campaign that promotes police-community partnerships and neighborhood camaraderie to make our neighborhoods safer, more caring places to live.
Always held on the first Tuesday in August, "National Night Out enhances the relationship between neighbors and law enforcement while bringing back a true sense of community," according to the official National Night Out website.
The event also strives to bring police and neighbors together under positive circumstances.
Millions of neighbors take part in National Night Out across thousands of communities. Neighborhoods typically host block parties, festivals, parades, cookouts and various other community events with safety demonstrations, seminars, youth events, visits from emergency personnel, exhibits and more.
Here's a list of local National Night Out events. (If your event is not included, email us at news@fox43.com.)
Chapter 1 Adams County
Presented by the Gettysburg Borough Police Department, National Night Out will be held at Gettysburg Rec. Park from 4:30-8 p.m. Meet your local first responders while also enjoying plenty of food trucks, community programs, a food bank collection, a photo booth and more!
Live music will be provided at the event by the East River Band.
For more information on the food donation raffle, click here.
Free hotdogs, chips, drinks, handouts and prizes for the kids will be available in Littelstown on Aug. 1! Residents are encouraged to join the Littlestown Police Department at Crouse Park from 6-8 p.m.
Chapter 2 Cumberland County
National Night Out will be held on Aug. 1 from 6-8 p.m. at Willow Park. Guests can expect tons of delicious food and drink options with over 51 vendors participating this year. Live music, face painting, water balloon activities and ax throwing will also be available!
The annual event will be held Aug. 1 from 6-8 p.m. at Adams Ricci Park. According to a press release, food, games, activities and a K9 demonstration will all be available for guests to enjoy.
Lemoyne:
The West Shore Regional's Annual National Night Out event will be held Tuesday, Aug. 1 from 6-8 p.m. at Memorial Park in Lemoyne Borough located next to the Lemoyne Pool along 94 Herman Avenue. Anyone interested in participating or helping out with the event can contact National Night Out Coordinator Kierstan Gatten at kgatten@wsrpd.org.
Lower Allen Township
The National Night Out event will be held at Christian Life Assembly Church in Camp Hill from 6-8 p.m., members of the United States Attorney's Office are expected to attend the event.
Chapter 3 Dauphin County
For the first time, Harrisburg's National Night Out will be held on City Island on Tuesday, Aug. 1 from 5:30-8 p.m. There will be free parking available in both the north and south parking lots as well as free bike parking, courtesy of Recycle Bicycle.
Additionally, Capital Area Transit, a Rabbit Transfer service, is offering free bus service on all city routes from 5-8:30 p.m. Golf cart shuttles will also be available across the iron bridge on Front Street for handicapped individuals
More information on the event can be found here.
Hershey
National Night Out will be held at the Derry Township Police Department located along the first block of West Caracas Avenue in Hershey from 6 p.m. to 8 p.m.
The free event will be held on Tuesday, Aug. 1 at Vanatta Park in Swatara Township from 6-8:30 p.m. Vanatta Park is located along the 4900 block of Derry Street behind the 7-Eleven convenience store.
Free hot dogs, pizza, chips and drinks will be provided while supplies last. There will be over 80 vendors representing businesses and organizations across the Harrisburg area this year.
A list of available activities is as follows:
-6-8:30 p.m.: FREE face painting for kids (tennis court)
-6-8:30 p.m.: FREE balloons for kids (police tent)
-6-8:30 p.m.: DUI Stations using Fatal Vision Goggles
-6-8:30 p.m.: Static Police Car Display
-6 p.m.-while supplies last: FREE snow cones and popcorn
-6-8:30 p.m.: 3 large inflatables for kids (small baseball field)
-6-8:30 p.m.: FREE horse rides (small baseball field)
-6-8:30 p.m.: PA Game Commission Shoot Trailer
-6-8:30 p.m.: Swatara Fire Dept. hose activity for kids
-6-7:30 p.m.: Zoo America display
-6-8:30 p.m.: Life Team EMS static display
-6-8:30 p.m.: Home Depot craft activity for kids
-6:15-6:50 p.m.: Police K-9 demonstration (large baseball field)
-7 p.m.: Landing of a Black Hawk helicopter from Ft. Indiantown Gap -7:45pm: Swatara Karate Academy demonstration
Residents don't want to miss Lower Paxton Township's National Night Out! The event will be held on Tuesday, Aug. 1 at George Park from 5-8 p.m.
There will be free food provided by Mission BBQ, K9 demonstrations, hands-on firetruck experiences, a dunk-an-officer tank and more!
The Steelton Borough Police Department is excited to announce that our 2023 National Night Out event will be held on Tuesday, Aug. 1 from 6:00 p.m. to 8:00 p.m. at War Veterans Memorial Field (Steelton-Highspire High School's football field), located at the intersection of South 6th Street and Primrose Avenue.
The event promises free hot dogs and drinks, plenty of activities and games for kids, great music and over 15 vendors. Then, to wrap up the night, there will be a community water balloon fight at 7:30 p.m.!
For a full list of participating vendors, click here.
Chapter 4 Franklin County
National Night Out will be held Tuesday, Aug. 1 at Chambersburg Memorial Park from 4-8 p.m. and will be hosted by the Chambersburg Police Department.
Waynesboro's National Night Out will be held Tuesday, Aug. 1 from 6-8 p.m. at Memorial Park. Guests are encouraged to lock their doors, turn on their outside porch lights and spend the evening outside with neighbors, friends, family, police and emergency services personnel.
The Waynesboro event boasts K-9 demonstrations, cookies, drinks and food.
For a full list of participating vendors and guests, click here.
Chapter 5 Lancaster County
First responders, food trucks and community groups will all be available for Manheim's National Night Out. The event will be held on Tuesday, Aug. 1 from 6-8 p.m. at Manheim Hope Fire Company located at 83 South Main Street in Manheim.
Residents are encouraged to join the West Hempfield Township Police Department for a night of family fun. There will be games and activities, demos and giveaways alongside plenty of food and information for attendees to enjoy! The event will be held at Leisure Lanes on Tuesday, Aug. 1 from 6-8 p.m.
The Columbia Borough Police Department's annual National Night Out will be held on Tuesday, Aug. 1 from 6-8 p.m. at Glatfelter Memorial Field located at 1249 Lancaster Avenue. Guests can expect the following and more at the event:
- Free fireworks, food and ice cream
- Over 50 local businesses and organizations hosting stands
- The Kracker Beez band
- A juggler
- Birds of Prey show
- Creatures Great and Small petting zoo
- A bouncy house
- Chiques Rock Outfitters kayak demonstration
- Jaws of Life demonstration
- WSOX radio
- Face painting
- A dunk tank
- K-9 Demonstration
- Raffles
Can't make it out on Tuesday? The City of Lancaster has you covered; its National Night Out event will be held Wednesday, Aug. 16 at Clipper Magazine Stadium. Gates will open at 5:30 p.m. and the Barnstormers will take the field at 6:30 p.m.
Communities will be given a complimentary ticket to the Barnstormers courtesy of Paul Davis.
Chapter 6 Lebanon County
The Lebanon City Police Department and the Salvation Army will hold National Night Out at the Salvation Arm Building located at 1031 Guilford Street in Lebanon. The event will be held on Tuesday, Aug. 1 from 6-8 p.m. and will feature food, games, vendors and a bike giveaway!
Residents of all ages are encouraged to come out and attend the event!
National Night Out will be posted on Tuesday, Aug. 1 at Palmyra Middle School's Buck Swank Stadium from 5-8 p.m. For more information, click here.
Chapter 7 York County
At least 14 locations for National Night Out in York City have been organized for Aug. 1. Everyone is encouraged to turn on their porch lights, leave the home, lock the door and make a statement about crime by meeting neighbors at a local site.
There will be block parties and family-friendly activities.
York City police officers will be visiting sites to build relationships in the community. The mascot, McGruff the Crime Dog and friendly therapy dogs from the department will be making the rounds
Here is a list of known sites and times:
• North East Neighborhood Association - Corner of North Pine and East Philadelphia Streets at the old Children’s Home of York, 5-7:00 p.m.
• Springdale - Triangle at Merion/Newlin/Arlington Roads, 6–8:00 p.m.
• The Avenues – 475 Madison Avenue, 5-8:00 p.m.
• Community Progress Council - 200 Block of East College Avenue, 5-8:00 p.m.
• Parkway – 147 Willis Lane, 5-8:00 p.m.
• Wellington – 780 East King Street, 5-8:00 p.m.
• Ms. Poff – 20 West South Street, 5-7:00 p.m.
• Devers Area Neighborhood Association - 509 Pacific Avenue, 6-8:00 p.m.
• Colony Park – 1721 Devers Road, 5-8:00 p.m
• Union Lutheran Church - Penn and Market Streets, 6-8:00 p.m.
• Albemarle Park – 6-8:00 p.m.
• New Covenant Church - 116 South West Street, 5-8:00 p.m.
• Bethlehem Baptist - 474 South Pershing Avenue, 6-8:00 p.m.
• Friendship Baptist - 401 East Market Street, 5-8:00 p.m.
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https://www.fox43.com/article/entertainment/events/national-night-out-2023-happening-across-central-pa/521-f1d3977c-4ba8-4aa1-9098-a21dd07cab82
| 2023-07-31T21:46:57
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https://www.fox43.com/article/entertainment/events/national-night-out-2023-happening-across-central-pa/521-f1d3977c-4ba8-4aa1-9098-a21dd07cab82
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An architectural rendering shows the University of Mississippi Medical Center’s new School of Nursing in Jackson. The facility, scheduled to open in December 2026, will allow for a 25% increase in students.
Dr. LouAnn Woodward, vice chancellor for health affairs and dean of the School of Medicine, welcomes dignitaries to the University of Mississippi Medical Center during the June 28 School of Nursing groundbreaking ceremony.
Breaking ground on the new University of Mississippi Medical Center School of Nursing are, from left, Dr. Scott Rodgers, associate vice chancellor for academic affairs; Dr. Michael Parnell, UMMC School of Nursing Alumni Association president; Rep. John Read; Rep. Jason White; House Speaker Philip Gunn; Dr. Tina Martin, interim dean of the School of Nursing; nursing students Rayne Jensen and Amari Reginal; Dr. LouAnn Woodward, vice chancellor for health affairs and dean of the School of Medicine; Lt. Gov. Delbert Hosemann; U.S. Rep. Michael Guest; Higher Education Commissioner Dr. Alfred Rankins Jr.; and architect Jim Eley, principal of Eley Guild Hardy Architects.
Lt. Gov. Delbert Hosemann discusses the critical need for nurses during the June 28 groundbreaking ceremony for the new University of Mississippi Medical Center School of Nursing facility in Jackson.
Dr. Tina Martin, interim dean of the University of Mississippi Medical Center School of Nursing in Jackson, shares the features the new nursing facility will include during its groundbreaking ceremony on June 28.
An architectural rendering shows the University of Mississippi Medical Center’s new School of Nursing in Jackson. The facility, scheduled to open in December 2026, will allow for a 25% increase in students.
Dr. LouAnn Woodward, vice chancellor for health affairs and dean of the School of Medicine, welcomes dignitaries to the University of Mississippi Medical Center during the June 28 School of Nursing groundbreaking ceremony.
Submitted Photo
Breaking ground on the new University of Mississippi Medical Center School of Nursing are, from left, Dr. Scott Rodgers, associate vice chancellor for academic affairs; Dr. Michael Parnell, UMMC School of Nursing Alumni Association president; Rep. John Read; Rep. Jason White; House Speaker Philip Gunn; Dr. Tina Martin, interim dean of the School of Nursing; nursing students Rayne Jensen and Amari Reginal; Dr. LouAnn Woodward, vice chancellor for health affairs and dean of the School of Medicine; Lt. Gov. Delbert Hosemann; U.S. Rep. Michael Guest; Higher Education Commissioner Dr. Alfred Rankins Jr.; and architect Jim Eley, principal of Eley Guild Hardy Architects.
Submitted Photo
Lt. Gov. Delbert Hosemann discusses the critical need for nurses during the June 28 groundbreaking ceremony for the new University of Mississippi Medical Center School of Nursing facility in Jackson.
Submitted Photo
Dr. Tina Martin, interim dean of the University of Mississippi Medical Center School of Nursing in Jackson, shares the features the new nursing facility will include during its groundbreaking ceremony on June 28.
A new $67 million nursing school on the campus of the University of Mississippi Medical Center in Jackson will allow for a 25% increase in nursing students to help fill the ever-increasing need for nurses in the state.
The estimated completion date for the new facility is December 2026.
“The more advanced home for our School of Nursing will allow for a 25% increase in nursing students,” said Dr. Tina Martin, UMMC School of Nursing professor and associate dean for administration, who began serving as the school’s interim dean July 1. “Current enrollment is approximately 830.”
The importance of nurses in health care and the shortage of these professionals is well known.
“According to the Mississippi Hospital Association, there are currently about 3,000 nurse vacancies in our hospitals,” Martin said. “This shortage is directly impacting a wide range of health outcomes for Mississippians. We were facing nursing shortages even before the pandemic, and the pandemic exposed the true value and critical need for nurses in a health care system and exacerbated the nursing workforce shortage.”
Although the pandemic highlighted stress and burnout among nurses, Martin says for others it inspired a career in nursing. “We continue to see a strong and increasing interest in nursing as a career choice,” Martin said. “Job opportunities in nursing will continue to grow as we are seeing an increase in telehealth utilization.”
New trends in nursing include more specializations, and job opportunities in all areas will continue to grow.
“Health care is increasingly complex, leading nurses to widening specializations,” Martin said. “Nurses also seek advanced education for career development, such as nurse practitioners. Technological advances will impact how nurses provide care. There is also a focus on the importance of self-care to prevent burnout in nurses.”
Martin, a Columbia native, holds a Ph.D. in clinical health sciences as well as master’s and bachelor’s degrees in nursing, all from UMMC.
She has served the School of Nursing in various roles since joining UMMC’s faculty ranks in 1999. She was named to UMMC’s Academy for Excellence in Education in 2022 and was a 2020-21 American Association of Colleges of Nursing Elevating Leaders in Academic Nursing Fellow.
Her nursing research has been published in numerous journals.
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| 2023-07-31T21:46:57
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CHARLOTTE, N.C., July 31, 2023 /PRNewswire/ -- Ten Oaks Group, a recognized family office and standout in the corporate carve out sector, proudly announces the addition of four exceptional professionals to its esteemed team of Operating Partners. The recent hiring of James Deng, Greg Warren, David Izquierdo, and Lauren Celano underscores Ten Oaks Group's commitment to bringing accomplished talent with diverse capabilities and amplifying its capacity for turnaround, legal, and international investment exceptionalism.
James Deng assumes the position of Operating Partner at Ten Oaks Group. Prior to joining, he was a Vice President at Audax Private Equity supporting value creation initiatives. James has also served as Director of Revenue Growth Management at Keurig Dr Pepper and a management consultant at Ernst & Young focused on Corporate and Growth Strategy.
Greg Warren brings a wealth of legal and restructuring knowledge as he joins as Assistant General Counsel and Operating Partner. Greg previously was a member of White & Case LLP's financial restructuring and insolvency practice, representing debtors and creditors both in and out of bankruptcy. Greg has experience in operational, corporate, and financial matters, as well as litigation and acquisitions.
David Izquierdo joins as an Operating Partner focused on Ten Oaks Group's European portfolio companies. Prior to Ten Oaks, David focused on designing and implementing strategic and transformation programs across a wide variety of industries in roles in corporate development at Selenis and management consulting at Monitor Deloitte and PwC.
Lastly, Lauren Celano joins the team as Associate Operating Partner, leveraging her vast experience from the healthcare and pharmaceutical industries, where she also led business development efforts. Additionally, she has experience at Alvarez & Marsal and other private equity and venture capital firms.
"At Ten Oaks Group, we believe that attracting top-notch talent is essential for leading value creation efforts for our portfolio," said Kendall Thurlow, head of value creation at Ten Oaks Group. "Lauren, James, David, and Greg embody the caliber of professionals we seek to bring on board, and we are excited to welcome them as valuable members of our team of Operating Partners."
Ten Oaks Group is committed to cultivating a dynamic and growth-oriented environment for its practitioners. With a commitment to fostering private equity careers, the company offers comprehensive opportunities for professional development and advancement.
To learn more about the background and expertise of the newly hired Operating Partners and explore potential career opportunities with Ten Oaks Group, visit www.tenoaksgroup.com.
About Ten Oaks Group:
Ten Oaks Group is a family office focused exclusively on investing in corporate divestitures. It brings speed, flexibility and certainty to divestitures of non-core businesses that no longer fit their parent company's corporate strategy. Following acquisition, Ten Oaks Group leverages its experienced team of Operating Partners to manage the transition and separation process and implement operational strategies that reveal and optimize the underlying potential of each business.
Each company within Ten Oaks Group operates independently under its own dedicated management team and receives management support services from Ten Oaks Management, LLC. Ten Oaks Group was founded by Matt Magan and Mike Hahn and has closed 25 carve-out transactions across 10 countries since inception.
To learn more about Ten Oaks Group's unique approach to corporate divestitures, please visit www.tenoaksgroup.com.
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| 2023-07-31T21:47:00
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With dangerously high temperatures across the country, hospitals are seeing more people with potentially deadly heat illness. A southern city is coping with what may be the new summer medical reality.
Copyright 2023 NPR
With dangerously high temperatures across the country, hospitals are seeing more people with potentially deadly heat illness. A southern city is coping with what may be the new summer medical reality.
Copyright 2023 NPR
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https://www.wboi.org/2023-07-31/a-new-summer-reality-hospitals-and-ers-see-more-parents-with-heat-related-illness
| 2023-07-31T21:47:02
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https://www.wboi.org/2023-07-31/a-new-summer-reality-hospitals-and-ers-see-more-parents-with-heat-related-illness
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PITTSBURGH — State Police in Pittsburgh are currently investigating a homicide that occurred inside a Greyhound Bus on Sunday night.
According to police, while the bus was driving along Interstate I376 around 10:30 p.m., one of the 37 passengers on board began to harass others, before proceeding to pull out a 5"-6" knife from a sheath.
The suspect then allegedly began to stab a victim in the neck several times, while also sustaining a hand injury during this time.
The Greyhound Bus Driver was able to pull over onto the road's shoulder so that police could make entry; the suspect was taken into custody, as well as being taken to a nearby hospital alongside the victim.
Police reports stated that the victim succumbed to their injuries and was pronounced dead by medical staff at the hospital.
Pennsylvania State Police Collision Analysis, Reconstruction Specialists and Forensic Service Units and Criminal Investigators are currently aiding in the ongoing investigation.
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https://www.fox43.com/article/news/crime/state-police-1-dead-after-pittsburgh-greyhound-bus-stabbing-fox43/521-a40d3a7a-8510-43a8-80e0-43f83772a910
| 2023-07-31T21:47:03
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https://www.fox43.com/article/news/crime/state-police-1-dead-after-pittsburgh-greyhound-bus-stabbing-fox43/521-a40d3a7a-8510-43a8-80e0-43f83772a910
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Hunt Marketing, an Oxford-based integrated marketing firm specializing in full-scale creative campaigns, won six awards at the 44th annual Telly Awards.
The Telly Awards is a national competition that honors excellence in video and television across all screens.
The competition is judged by leaders from video platforms, TV and streaming networks, and production companies.
This year’s judges included actor Jennifer Garner and representatives from Adobe, BBC World Service, Netflix, Dow Jones, Complex Networks, A&E Networks, Hearst Media, Nickelodeon, National Geographic Society, ESPN Films, RYOT, Partizan and Vimeo.
The marketing firm was recognized for its work with two of its partners, Corner Market and Sunshine Quality Solutions.
Corner Market is a Mississippi-owned grocery store chain offering 15 locations across the Magnolia State.
The chain was honored with a Silver Telly for their “Time Invested” spot and a Bronze Telly for their “For Everyone” spot in the Local TV — Retail Store/Specialty Store category.
Sunshine Quality Solutions is a John Deere dealer with 17 locations across Louisiana.
The dealer was honored with Bronze Tellys in the areas of Regional TV — Videography/Cinematography and Regional TV — Writing for their “Power to the People” and “Sportsman’s Paradise” campaign content.
“Watching our team bring new creative concepts to the table always makes me proud,” said Hunt Marketing President & CEO Will Hunt. “We’re fortunate to have relationships with partners who see the value of local content and allow us to produce great work.”
This year’s competition resulted in a record-breaking year, with nearly 13,000 entries from across the globe and top video and television content producers.
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| 2023-07-31T21:47:03
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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.wane.com/technology/ap-technology/ap-san-francisco-prosecutors-to-lay-out-murder-case-against-consultant-in-death-of-cash-apps-bob-lee/
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Funding by California Transportation Commission and Oregon Department of Environmental Quality
LONG BEACH, Calif., July 31, 2023 /PRNewswire/ -- On the heels of opening the nation's largest public charging depot for electric commercial trucks at the Port of Long Beach, WattEV announced today it has secured $40.5 million in grants to further expand its growing network of electric truck stops into Northern California and Oregon.
WattEV, the industry leader in heavy-duty freight electrification, has been awarded two separate grants: one for a solar-powered truck charging depot across Interstate 5 from the airfreight hub adjacent to Sacramento International Airport, and another for a grid-connected charging depot along Interstate 5 in Salem, Ore.
WattEV has secured a $34 million federal grant through the California Transportation Commission to build and operate what will become the nation's largest electric charging depot on more than 100 acres of land immediately south of Sacramento International Airport (SMF) on Interstate 5.
The SMF project is expected to open in mid- to late-2025 with 15.6 MW of solar power supplemented by 7.2 MW of grid power supplied by the Sacramento Municipal Utility District.
The SMF depot will have 30 DC fast chargers for passenger vehicles, 90 high-power CCS-1 cords for medium- and heavy-duty commercial electric vehicles, and 18 megawatt cords for pass-through charging of HD trucks using the upcoming Megawatt Charging Standard (MCS).
"We're proud to partner with WattEV as they continue to advance transition of U.S. trucking transport to zero emissions," said Cindy Nichol, Director of Sacramento County Department of Airports. "Sacramento International Airport's proximity to one of largest goods distribution centers in the state makes this an ideal location to serve California's 'electric highway.'"
WattEV was also awarded $6.5 million from the Oregon Department of Environmental Quality to build a 6-acre EV charging depot. The Salem, Ore., site will be grid-connected in cooperation with Portland General Electric.
Planning for the Salem electric truck stop includes 30 CCS 240 KW chargers and six MCS 1200 KW chargers. It's expected to open in 2025 as well.
"These grant awards will allow us to meet our plans to expand our network of electric-truck charging depots from the Mexican border to Portland, Oregon, via Interstate 5, on what government planners and industry stakeholders are calling the 'electric highway,'" explained WattEV co-founder and CEO Salim Youssefzadeh.
The grant for the SMF project comes from the U.S. Department of Transportation's "Trade Corridor Enhancement Program," which distributes funding through state transportation agencies.
"We're building out the West Coast corridor while also reaching eastward along the I-10 toward Arizona and Texas and, eventually, to the East Coast," Youssefzadeh said. "To expand the WattEV network, we'll match our grants with private capital to fund this massive infrastructure buildout."
WattEV selects the locations of its charging depots based on analysis of freight routes, range of electric trucks and energy supply.
"We picked our site in Sacramento because of its strategic location next to the Metro Air Park Logistics Center, where more than 10-million square-feet of warehouse space is planned," said Youssefzadeh, "and its close proximity to downtown Sacramento – just 10 minutes away."
Sacramento County and surrounding areas contain one of the largest concentrations of California's goods distribution centers, serving many of the largest shippers in the country.
The Sacramento Metropolitan Air Quality Management District (Sac Metro Air District) has committed to working closely with WattEV on the project as it will have significant air quality benefits for Sacramento.
"Emissions from fossil-fuel powered cars and trucks are the largest source of air pollution in the Sacramento region," said Sac Metro Air District Transportation and Climate Change Program Manager Raef Porter. "Over the past 25 years, the Air District has invested $300 million in clean air projects. We're proud to continue that commitment by partnering with WattEV on this transformative solar-powered, electric charging depot. Building new electric vehicle infrastructure is imperative to the successful transition to clean transportation and ensuring a clean air and low carbon future for all."
The SMF depot will initially serve as a charging hub for local and regional distribution centers, and later as a depot serving the north-south freight corridor stretching from WattEV's newly opened charging depot in the Port of Long Beach, connecting to Oregon and Washington state.
"We not only have the demand for regional distribution in Sacramento County," Youssefzadeh explained, "but we also have existing shippers asking us to transport freight from their logistic centers in the Los Angeles area to distribution centers of retailers in Sacramento."
About WattEV
WattEV's mission is to accelerate the transition of U.S. trucking transport to zero emissions. It relies on a combination of business and technology innovations to create charging infrastructure and data-driven workflow that provide truckers and fleet operators the lowest total cost of ownership. WattEV's goal is to get 12,000 heavy-duty electric trucks on California roads by the end of 2030, exceeding existing forecasts. More information is available online at www.WattEV.com.
About the Sac Metro Air District
The Sac Metro Air District is the leading Sacramento region agency responsible for monitoring air quality, reducing air pollution, enforcing air quality regulations, and promoting decarbonization efforts through innovative incentive programs and projects. The Air District also works to ensure clean air and meet National Ambient Air Quality standards. For more information about the Air District, please visit www.AirQuality.org.
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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.wboi.org/2023-07-31/after-losing-his-wife-richard-e-grant-has-found-a-daily-pocketful-of-happiness
| 2023-07-31T21:47:08
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https://www.wboi.org/2023-07-31/after-losing-his-wife-richard-e-grant-has-found-a-daily-pocketful-of-happiness
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LANCASTER, Pa. — Eagles fans from all over the Commonwealth and beyond were wrapped around the Eagles Pro Shop at the Rockvale Outlets in Lancaster.
The Philadelphia Eagles brought back their Kelly Green jerseys and merchandise on Monday.
All three of the team's Pro Shops in the region opened at 9 a.m. to fans looking for a chance to buy the vintage jerseys.
John Schaeffer, from Sunbury, PA, was first in line after waiting outside since 3 a.m.
“I've been a Birds fan my whole life," said Shaeffer. “I'm just out here with my people and I feel at home here.”
The Philadelphia Eagles haven't worn the Kelley green since 2010. Now, fans said they are excited to finally buy throwback jerseys bearing the name of current stars.
For more information about the latest offering, click here.
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https://www.fox43.com/article/news/local/fans-line-up-buy-kelly-green-merchandise/521-c2958020-9ca9-43f1-9ae5-d6379f4e03c1
| 2023-07-31T21:47:09
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https://www.fox43.com/article/news/local/fans-line-up-buy-kelly-green-merchandise/521-c2958020-9ca9-43f1-9ae5-d6379f4e03c1
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One of the small boulders being dragged out from the culvert. A dozen or so had already been removed, some larger than this, with still more yet to be removed.
One of the small boulders being dragged out from the culvert. A dozen or so had already been removed, some larger than this, with still more yet to be removed.
In continuing efforts to control recent severe flooding of Camp Creek Branch that runs under Main Street at the Tanglefoot Trail bridge, a crew from M and M Underground Video Inspection Service was at the site Monday morning.
They used their specialized equipment to vacuum out silt that had built up in the culverts under the street, reported to be as much as a couple of feet deep in spots.
Also, the crews found a number of large rocks and small boulders, some two feet long or more, that were impeding water flow as well.
Mayor Tim Kent said this past week that plans include adding grates at culverts farther upstream, probably at North Central and Camp, to catch debris before it can accumulate at Main Street. Adding to the problem was that some timber had been cut on property between Bankhead Street and the railroad a year or two ago and it had washed down the hill as well, contributing to the blockage and flooding.
The effectiveness of the cleanup won’t be clear until the next unusually heavy rain.
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| 2023-07-31T21:47:09
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https://www.djournal.com/new-albany/culvert-cleanup-is-rocky-horror-show/article_ceff9182-2fb7-11ee-8cc9-2366db2778cb.html
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LOUISVILLE, Ky. (AP) — Churchill Downs will implement safety measures for its September meet including new track surface maintenance equipment and additional monitoring and equine care following 12 horse deaths before and after the Kentucky Derby that spurred suspension of its spring meet.
Racing is scheduled to resume Sept. 14 and run through Oct. 1 at the historic track, which paused racing operations on June 7 to conduct an internal safety review following the spate of horse deaths from racing or training injuries. Seven died in the days leading up to the 149th Derby on May 6, including two in races preceding the premier event.
The Horseracing Integrity and Safety Authority recommended suspending the remainder of the meet, which moved to Ellis Park in western Kentucky. Training continued at Churchill Downs during the investigation, and a release on Monday stated that while industry experts found no issues with the racing surfaces, the track invested in new maintenance equipment. It will also double the frequency of surface testing among infrastructure upgrades.
Churchill Downs Inc. CEO Bill Carstanjen said the track’s commitment to safety “remains paramount” in the release and added, “our participants, fans and the public can be assured that we will continue to investigate, evaluate and improve upon every policy and protocol.”
The announcement comes days after Carstanjen said racing would resume this fall with no changes and called the deaths “a series of unfortunate circumstances” in an earnings call with CDI investors.
Churchill Downs veterinarians will receive additional resources for specialized horse care and to assist in pre-race inspections and entry screening, the release added. The track will work with HISA and industry experts to predict at-risk horses through advanced analytic techniques.
A safety management committee including horsemen, track employees and veterinarians will also be created.
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AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
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https://www.wane.com/top-stories/ap-top-headlines/ap-churchill-downs-to-improve-track-maintenance-veterinary-resources-for-fall-meet-after-horse-deaths/
| 2023-07-31T21:47:09
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https://www.wane.com/top-stories/ap-top-headlines/ap-churchill-downs-to-improve-track-maintenance-veterinary-resources-for-fall-meet-after-horse-deaths/
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Delivered record-breaking second quarter performance in Total Revenues, Operating Profit and net new adds
Total Revenues up 25%; System Sales grew 32% in constant currency; Operating Profit increased 216%
Store openings accelerated, 655 net new adds in the first half, on track for full-year net new store target
SHANGHAI, July 31, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second quarter ended June 30, 2023.
Second Quarter Highlights
- Total revenues increased 25% year over year to $2.65 billion from $2.13 billion (a 32% increase excluding foreign currency translation ("F/X")).
- Total system sales increased 32% year over year, with increases of 32% at KFC and 30% at Pizza Hut, excluding F/X. Growth was mainly attributable to same-store sales, new unit contribution and lapping of temporary store closures in the prior year.
- Same-store sales increased 15% year over year, with increases of 15% at KFC and 13% at Pizza Hut, excluding F/X.
- Opened 422 net new stores during the quarter; total store count reached 13,602, as of June 30, 2023.
- Operating Profit increased 216% year over year to $257 million from $81 million (a 228% increase excluding F/X), primarily driven by sales leveraging and margin expansion.
- Adjusted Operating Profit increased 215% year over year to $259 million from $82 million (a 227% increase excluding F/X).
- Restaurant margin was 16.1%, compared with 12.1% in the prior year period.
- Effective tax rate was 24.7%.
- Net Income increased 138% to $197 million from $83 million in the prior year period, primarily due to the increase in Operating Profit.
- Adjusted Net Income increased 137% to $199 million from $84 million in the prior year period (a 207% increase excluding the net loss of $9 million in the second quarter of 2023 and net gain of $16 million in the second quarter of 2022, from the mark-to-market equity investment in Meituan; a 219% increase if further excluding F/X).
- Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period.
- Adjusted Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period (a 206% increase excluding the net loss from the mark-to-market equity investments in the second quarter of 2023 and net gain in the second quarter of 2022; a 219% increase if further excluding F/X).
Key Financial Results
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "We achieved outstanding results, delivering substantial growth in the top-line and bottom-line, in the second quarter, thanks to our teams' dedication and creativity. This once again demonstrates our anti-fragile business model and ability to capture opportunities in good times and stay resilient in bad times. Our innovative products and compelling value captured customer demand and drove double-digit same-store sales growth. KFC's "K-zza" and Pizza Hut's new menu items were hugely popular. Our exciting campaign with Genshin Impact and fun toy offerings with Sanrio and Pokemon spurred strong demand and brought consumers moments of joy. We registered record daily transactions of 8.5 million on Children's Day. Our amazing operations team, robust end-to-end digital capabilities and agile supply chain enabled us to flexibly handle surges in customer traffic through holiday periods and special marketing campaigns, while maintaining consistent quality and customer service. As a result of these collective efforts, our operating profit for the first half of this year already exceeded the entire year of 2022."
Wat continued, "We accelerated the pace of new store openings in the second quarter and celebrated two milestones. Pizza Hut surpassed 3,000 stores in China and KFC exceeded 500 stores in Shanghai alone. With 655 net new stores in the first half of 2023, we are on track to meet our expansion goals for the year. Importantly, new store payback periods remain healthy. Furthermore, we see abundant white space in China. With a presence in 1,900 cities, we are still tracking over 800 cities without a KFC. Similarly, Pizza Hut has a great potential for expanding its footprint. With our flexible store formats, we continue to expand addressable markets across city tiers. By actively pursuing our RGM (Resilience-Growth-Moat) strategy and leveraging our industry-leading strengths, we are confident in our ability to capture long-term growth opportunities."
Andy Yeung, CFO of Yum China, added, "We delivered record second-quarter revenues and profits, despite challenging macro conditions and an uptick of COVID infections during the quarter. When customer demand softened in May, we adjusted nimbly to address consumer needs, captured holiday spending and successfully regained sales momentum. Sales growth and proactive cost structure rebasing helped us improve operating leverage, expanding restaurant margins and delivering record operating profit in the quarter. Even though same-store sales remained below 2019 levels, our revenue in the second quarter has increased by 25% and operating profits have risen by 26% compared to pre-pandemic levels in 2019."
"As we move into the third quarter, driving sales remains our top priority. We have lined up exciting marketing campaigns and resources to seize sales opportunities in the peak summer season. Our efforts on efficiency improvement and cost structure rebasing should continue to benefit profitability in the long run. But, it is worth noting that last year's record third-quarter restaurant margins set a relatively high benchmark, due to austerity measures and temporary reliefs. We will continue to stay agile through evolving market conditions, expand our store network and fortify our competitive moat to drive sustainable long-term growth," Yeung concluded.
Share Repurchases and Dividends
- During the second quarter, the Company repurchased approximately 1 million shares of Yum China common stock for $62 million at an average price of $60.23 per share. As of June 30, 2023, approximately $1 billion remained available for future share repurchases under the current authorization.
- The Board declared a cash dividend of $0.13 per share on Yum China's common stock, payable on September 18, 2023 to shareholders of record as of the close of business on August 28, 2023.
Digital and Delivery
- The KFC and Pizza Hut loyalty programs exceeded 445 million members combined, as of quarter-end. Member sales accounted for approximately 66% of system sales in the second quarter of 2023.
- Delivery contributed approximately 35% of KFC and Pizza Hut's Company sales in the second quarter of 2023, a decrease of 3% compared with the prior year period.
- Digital orders, including delivery, mobile orders and kiosk orders, accounted for approximately 90% of KFC and Pizza Hut's Company sales in the second quarter of 2023.
New-Unit Development and Asset Upgrade
- The Company opened 422 net new stores in the second quarter of 2023, mainly driven by development of the KFC and Pizza Hut brands.
- The Company remodeled 171 stores in the second quarter of 2023.
Restaurant Margin
- Restaurant margin was 16.1% in the second quarter of 2023 compared with 12.1% in the prior year period, driven primarily by sales leveraging and ongoing benefits of cost structure rebasing efforts; partially offset by lapping austerity measures in the prior year, higher promotion costs, and wage inflation.
2023 Outlook
The Company's fiscal year 2023 targets remain unchanged:
- To open approximately 1,100 to 1,300 net new stores.
- To make capital expenditures in the range of approximately $700 million to $900 million.
Company Updates
- On July 17, 2023, the Company announced the appointment of Mr. David Hoffmann to the Board of the Directors. With this appointment, the Board is now comprised of 10 directors, nine of whom are independent.
Note on Non-GAAP Measures
Reported GAAP results include Special Items, which are excluded from non-GAAP adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures" within this release. In addition, for the non-GAAP measures of Restaurant profit and Restaurant margin, see "Reconciliation of GAAP Operating Profit to Restaurant Profit" under "Segment Results" within this release.
Conference Call
Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, July 31, 2023 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 1, 2023).
A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/4rchbbk4/.
To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique access PIN.
Pre-registration Link: https://s1.c-conf.com/diamondpass/10031360-wcv829.html
A replay of the conference call will be available one hour after the call ends until Tuesday, August 8, 2023 and may be accessed by phone at the following numbers:
Additionally, this earnings release, the accompanying slides, as well as the live and archived webcast of this conference call will be available at Yum China's Investor Relations website at http://ir.yumchina.com.
For important news and information regarding Yum China, including our filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange, visit Yum China's Investor Relations website at http://ir.yumchina.com. Yum China uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including under "2023 Outlook." We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook," "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investment, dividend and share repurchase plans, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, the expected impact of the COVID-19 pandemic, pace of recovery of Yum China's business, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China's business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, including the COVID-19 pandemic, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company has over 400,000 employees and operates over 13,000 restaurants under six brands across 1,900 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. Taco Bell offers innovative Mexican-inspired food. Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.
In this press release:
- The Company provides certain percentage changes excluding the impact of foreign currency translation ("F/X"). These amounts are derived by translating current year results at prior year average exchange rates. We believe the elimination of the F/X impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.
- System sales growth reflects the results of all restaurants regardless of ownership, including Company-owned, franchise and unconsolidated affiliate restaurants that operate our restaurant concepts, except for non-Company-owned restaurants for which we do not receive a sales-based royalty. Sales of franchise and unconsolidated affiliate restaurants typically generate ongoing franchise fees for the Company at an average rate of approximately 6% of system sales. Franchise and unconsolidated affiliate restaurant sales are not included in Company sales in the Condensed Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues. We believe system sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all of our revenue drivers, Company and franchise same-store sales as well as net unit growth.
- Effective January 1, 2018, the Company revised its definition of same-store sales growth to represent the estimated percentage change in sales of food of all restaurants in the Company system that have been open prior to the first day of our prior fiscal year, excluding the period during which stores are temporarily closed. We refer to these as our "base" stores. Previously, same-store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, including stores temporarily closed, and the base stores changed on a rolling basis from month to month. This revision was made to align with how management measures performance internally and focuses on trends of a more stable base of stores.
- Company sales represent revenues from Company-owned restaurants. Company Restaurant profit ("Restaurant profit") is defined as Company sales less expenses incurred directly by our Company-owned restaurants in generating Company sales, including cost of food and paper, restaurant-level payroll and employee benefits, rent, depreciation and amortization of restaurant-level assets, advertising expenses, and other operating expenses. Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
- Certain comparative items in the Condensed Consolidated Financial Statements have been reclassified to conform to the current period's presentation to facilitate comparison.
Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures
(in millions, except per share data)
(unaudited)
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") in this press release, the Company provides non-GAAP measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Net Income, Adjusted Earnings Per Common Share ("EPS"), Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, certain non-cash expenses, consisting of depreciation and amortization as well as store impairment charges, and Special Items. We also use Restaurant profit and Restaurant margin (as defined above) for the purposes of internally evaluating the performance of our Company-owned restaurants and we believe Restaurant profit and Restaurant margin provide useful information to investors as to the profitability of our Company-owned restaurants.
The following table set forth the reconciliation of the most directly comparable GAAP financial measures to the non-GAAP adjusted financial measures. The reconciliation of GAAP Operating Profit to Restaurant Profit is presented in Segment Results within this release.
Net income, along with the reconciliation to Adjusted EBITDA, is presented below:
Details of Special Items are presented below:
(1) In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company's execution of its strategic operating plan. These PSU awards will only vest if threshold performance goals are achieved over a four-year performance period, with the payout ranging from 0% to 200% of the target number of shares subject to the PSU awards. Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention. Given the unique nature of these grants, the Compensation Committee does not intend to grant similar, special grants to the same employees during the performance period. The impact from these special awards is excluded from metrics that management uses to assess the Company's performance.
(2) The tax expense was determined based upon the nature, as well as the jurisdiction, of each Special Item at the applicable tax rate.
The Company excludes impact from Special Items for the purpose of evaluating performance internally. Special Items are not included in any of our segment results. In addition, the Company provides Adjusted EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, depreciation and amortization, store impairment charges, and Special Items. Store impairment charges included as an adjustment item in Adjusted EBITDA primarily resulted from our semi-annual impairment evaluation of long-lived assets of individual restaurants, and additional impairment evaluation whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If these restaurant-level assets were not impaired, depreciation of the assets would have been recorded and included in EBITDA. Therefore, store impairment charges were a non-cash item similar to depreciation and amortization of our long-lived assets of restaurants. The Company believes that investors and analyst may find it useful in measuring operating performance without regard to such non-cash item.
These adjusted measures are not intended to replace the presentation of our financial results in accordance with GAAP. Rather, the Company believes that the presentation of these adjusted measures provides additional information to investors to facilitate the comparison of past and present results, excluding those items that the Company does not believe are indicative of our ongoing operations due to their nature.
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SOURCE Yum China Holdings, Inc.
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https://www.kwch.com/prnewswire/2023/07/31/yum-china-reports-second-quarter-2023-results/
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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.wboi.org/2023-07-31/c-k-chaus-take-on-pride-and-prejudice-takes-readers-to-2000s-new-york-chinatown
| 2023-07-31T21:47:14
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https://www.wboi.org/2023-07-31/c-k-chaus-take-on-pride-and-prejudice-takes-readers-to-2000s-new-york-chinatown
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LANCASTER, Pa. — After six months of construction, the wetlands project at Long’s Park is now open to the public, allowing water and people to flow toward the new marshes.
“I was excited because it was a new feature at the park," said Chris Ruch, who frequently walks in Long's Park with his dog.
Ruch says he’s been watching the development of the project for the past few months. He hopes the wetlands will bring more activity to the north side of the park.
“Previously this was just a field, so not very interesting and not very shaded," said Ruch. "I’m hoping some wildlife show up."
Beyond recreation, the wetlands hope to bring in more wildlife and improve water quality. Angela Brackbill, the water resources engineer for Lancaster, says the marshes will help filter out stormwater and runoff that comes from Route 30 and other nearby areas.
“These all work together as like a natural treatment system, and they use all different kind of chemical and natural processes to reduce sediment," said Brackbill.
The filtered water will help increase water quality in Long’s Park Pond, as well as the nearby Conestoga River.
“Every little bit we remove here is a bit that doesn’t find its way into the food system and the ecosystem downstream," said Ryan Hunter with the Lancaster Parks and Recreation Department.
Ruch believes the project is a win-win for Long’s Park and the environment.
“Benefitting the environment is a great thing. The more we can do the better," said Ruch.
The wetlands project began in February and cost $1,947,500 to complete. Work is still being done on the boardwalk, which will allow people to walk over the marsh area.
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https://www.fox43.com/article/news/local/longs-park-opens-new-wetlands-area-water-environment-parks-recreation-longs-park-lancaster-county/521-ace1441f-c22e-4f5d-b4fd-52ad30764552
| 2023-07-31T21:47:15
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https://www.fox43.com/article/news/local/longs-park-opens-new-wetlands-area-water-environment-parks-recreation-longs-park-lancaster-county/521-ace1441f-c22e-4f5d-b4fd-52ad30764552
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Felonies
The following people were booked into the Lee County-Tupelo Adult Jail in connection with felony charges ending Monday at 11 a.m.
Victoria Anderson, 28, of Guntown, was arrested by the Lee County Sheriff’s Office possession of methamphetamine.
Mark Cash, 52, of Saltillo, was arrested by Alcoholic Beverage Control, three counts of the sale of a Schedule I drug, possession of a controlled substance with intent to sell.
Zachary L. Chaffin, 31, no address listed, was arrested by the Mississippi Department of Corrections, violation of probation.
David Branston Clark, 38, of Saltillo, was arrested by the Lee County Sheriff’s Office, possession of methamphetamine.
Michael L. Cox, 53, of Saltillo, was arrested by the Lee County Sheriff’s Office, possession of methamphetamine, no insurance, expired tag.
Timothy Crayton, 56, of Booneville, was arrested by the Baldwyn Police Department, violation of probation, contempt of court, simple assault.
Jennifer Lynn Carruthers, 34, of Nettleton, was arrested by the Tupelo Police Department, possession of a Schedule II drug.
James Lamar Hamilton, 52, of Blue Springs, was arrested by the Saltillo Police Department, possession of methamphetamine.
Cameron J. King, 24, of Aberdeen, was arrested by the Tupelo Police Department, felony possession of marijuana.
Anna Kaitlin Tackett, 31, of Saltillo, was arrested by the Lee County Sheriff’s Office, possession of methamphetamine.
Lee County Sheriff's Office
The following reports were filed Monday by the Lee County Sheriff's Office.
A Maryland woman was driving around and saw a Husky dog tied to a tree at a County 653, Saltillo, residence. The dog appeared to be malnourished and underweight. She could not see any food or water bowls and the house appeared to be abandoned.
A Palmetto Road woman said a maroon SUV drove slowly past her house. It approached her mailbox and stopped. She followed the vehicle with a disabled tag all the way back to Tupelo. She said this has happened before.
A County Road 1451, Tupelo, woman said her neighbor has been running heavy equipment all hours of the night. She called at 12:45 a.m. to complain. She said the noise makes it hard to sleep. She said the neighbor has also been burning the downed trees. She fears an ember from the fire will catch her house on fire.
An Amory man said he was working at Raybern’s Foods in Shannon, and he believes his wallet fell out of his pocket when he went to the restroom. He did not realize it was missing until he got home after the shift. He said the wallet contained $300 cash, his mother’s credit card and his Cash App card. He said his Cash App card was swiped for $7.50 around midnight at the new Shell station on County Road 520.
A Drive 55, Tupelo, woman said someone stole $772.19 from her Cadence Bank account. She is not sure who is responsible for the fraudulent transaction or how it happened. She noticed the theft on her mobile banking app, but it did not show where or how the money was obtained. She needed a documented report to file a dispute with the bank.
A Lake Piomingo woman said she owns a County Road 2346, Guntown, property, where there is a mobile home and a homemade utility trailer. She said someone removed two fence posts beside the gate that blocks the driveway to gain access to the property and steal the utility trailer.
A Shady Lake Drive, Tupelo, man said sometime Sunday afternoon, someone came onto his property and stole a 4-foot-by-10-foot political campaign banner. He said there are cameras by the koi pond that are pointed toward the missing banner. He said there should be video of the person taking the sign.
Anyone with information on any of these crimes is urged to call the Lee County Sheriff's Office at 841-9041, the Tupelo Police Department at 841-6491 or Crime Stoppers of Northeast Mississippi at (800) 773-TIPS or download the P3 Tip App and leave an anonymous tip that way.
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https://www.djournal.com/news/crime-law-enforcement/crime-reports-tuesday-aug-1-2023/article_f51e7b28-2fd8-11ee-b17f-cbb977163130.html
| 2023-07-31T21:47:15
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https://www.djournal.com/news/crime-law-enforcement/crime-reports-tuesday-aug-1-2023/article_f51e7b28-2fd8-11ee-b17f-cbb977163130.html
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BOISE, Idaho (AP) — Idaho mother Lori Vallow Daybell has been sentenced to life in prison without parole Monday in the murders of her two youngest children and a romantic rival in a case that included bizarre claims that her son and daughter were zombies and that she was a goddess sent to usher in the Biblical apocalypse.
Vallow Daybell was found guilty in May of killing her two youngest children, 7-year-old Joshua “JJ” Vallow and 16-year-old Tylee Ryan, as well as conspiring to kill Tammy Daybell, her fifth husband’s previous wife. Vallow Daybell will serve three life sentences one after the other, the judge said.
The husband, Chad Daybell, is awaiting trial on the same murder charges. Vallow Daybell also faces two other cases in Arizona — one on a charge of conspiring with her brother to kill her fourth husband, Charles Vallow, and one of conspiring to kill her niece’s ex-husband. Charles Vallow was shot and killed in 2019, but her niece’s ex survived an attempt later that year.
At the Fremont County Courthouse in St. Anthony, Idaho, Judge Steven W. Boyce said the search for the missing children, the discovery of their bodies and the evidence photos shown in court left law enforcement and jurors traumatized, and he would never be able to get images of the slain children out of his head.
A parent killing their own children “is the most shocking thing really that I can imagine,” Boyce said.
Vallow Daybell justified the murders by “going down a bizarre religious rabbit hole, and clearly you are still down there,” the judge said.
“I don’t think to this day you have any remorse for the effort and heartache you caused,” he said.
Boyce heard testimony from several representatives of the victims, including Vallow Daybell’s only surviving son, Colby Ryan.
“Tylee will never have the opportunity to become a mother, wife or have the career she was destined to have. JJ will never be able to grow and spread his light with the world the way he did,” Ryan wrote in a statement read by prosecuting attorney Rob Wood. “My siblings and father deserve so much more than this. I want them to be remembered for who they were, not just a spectacle.”
Ryan also wrote about his own grief.
“I’ve lost the opportunity to share life with the people I love the most. I have lost my sister, father, brother and my mother,” he wrote. “I pray for healing for everyone involved, including those who took the lives of everyone we loved.”
The murder scheme and Tammy Daybell’s death left a deep rift in her family, Tammy’s sister Samantha Gwilliam told the court.
“Why? Why plan something so heinous? You are not exalted beings, and your behavior makes you ineligible to be one,” Gwilliam said, referring to the unusual religious claims. “Because of the choices you made, my family lost a beloved mother, sister and daughter.”
Tammy Daybell’s mother was fighting cancer, and spent the last months of her life watching the murder trial, Gwilliam said. The family has also been hounded by media and others drawn by “all of the salacious scandal you stirred up,” Gwilliam told Vallow Daybell, who looked down as she sat between her defense attorneys.
“I miss my sister every day. I will grieve her, and the loss of my mother, every single day of my life,” Gwilliam said. “As for you, I choose to forget you and as I leave the courtroom here today, I choose to never think of you again.”
Boyce also heard from Vallow Daybell before handing down the sentence. She quoted Bible verses about how people should not judge each other. She said she too mourned the deaths of her children and Tammy Daybell but knew they would be together in the afterlife.
She claimed she is regularly visited by the spirits of her dead children, as well as the spirit of her “eternal friend,” Tammy Daybell, and suggested that the three weren’t murdered at all.
“Jesus Christ knows that no one was murdered in this case,” she said. “Accidental deaths happen. Suicides happen. Fatal side effects from medication happen.”
Wood pointed to the two Arizona cases as well as the three murders in six weeks in Idaho.
“A defendant who is willing to murder her own children is willing to murder anyone,” Wood said. “Society can only be protected from this defendant by a sentence of life in prison without parole.”
Vallow Daybell was committed multiple times for treatment to make her mentally competent for the court proceedings. But Wood said there is no evidence that her crimes were impacted by her “alleged mental illness” — which includes delusional disorder with grandiose features, according to reports referenced in court.
“The evidence is overwhelming that she did know right from wrong,” Wood said, noting testimony from several people who said she lied to them about the deaths.
In July 2019, Vallow Daybell’s brother, Alex Cox, shot and killed her estranged husband, Charles Vallow, in a suburban Phoenix home. Cox told police he acted in self-defense. He was never charged and later died of what authorities determined were natural causes.
Vallow Daybell was already in a relationship with Chad Daybell, a self-published writer of doomsday-focused fiction loosely based on Mormon teachings. She moved to Idaho with her kids and brother to be closer to him.
The children were last seen alive in September 2019. Police discovered they were missing a month later after an extended family member became worried. Their bodies were found buried in Chad Daybell’s yard the following summer.
During the trial, experts said Tylee appeared to have been stabbed and her body burned before it was buried in a pet cemetery, Wood said.
JJ’s head was wrapped in tape and plastic, asphyxiating him, Wood said, speculating that his last thoughts must have “been filled with fear and betrayal.”
Tammy Daybell’s body was bruised, suggesting she fought back as she was asphyxiated in her bed, Wood said.
Chad Daybell and Lori Vallow married in November 2019, about two weeks after Daybell’s previous wife, Tammy, was killed. Tammy Daybell initially was described as having died of natural causes, but an autopsy later showed she had been asphyxiated, authorities said.
Defense attorney Jim Archibald argued during the trial that there was no evidence tying Vallow Daybell to the killings, but plenty showing she was a loving, protective mother whose life took a sharp turn when she met Chad Daybell and fell for his “weird” apocalyptic religious claims. He suggested that Daybell and Vallow Daybell’s brother, Alex Cox, were responsible for the deaths.
Daybell told her they had been married in several previous lives and she was a “sexual goddess” who was supposed to help him save the world by gathering 144,000 followers so Jesus could return, Archibald said.
Vallow Daybell’s former friend Melanie Gibb testified during the trial that Vallow Daybell believed people in her life had been taken over by evil spirits and turned into “zombies,” including JJ and Tylee.
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https://www.wane.com/top-stories/ap-top-headlines/ap-idaho-mom-lori-vallow-daybell-faces-sentencing-in-deaths-of-2-children-and-her-romantic-rival/
| 2023-07-31T21:47:16
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https://www.wane.com/top-stories/ap-top-headlines/ap-idaho-mom-lori-vallow-daybell-faces-sentencing-in-deaths-of-2-children-and-her-romantic-rival/
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A woman who says she was hit by a microphone rapper Cardi B hurled into the crowd at a Las Vegas concert has filed a police report for battery, authorities say.
The singer was performing "Bodak Yellow" at Drai's Beachclub on Saturday before a raucous crowd when a fan threw a large drink on stage, videos circulating on social media show.
Cardi B appeared shocked for a moment then threw her microphone toward the fan. The microphone appeared to hit the fan and another woman and ricocheted into the air.
The Las Vegas Metropolitan Police Department said a woman, who was not named, reported a battery case to police one day after the concert.
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Read the full story at NBCNews.com.
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/fan-files-police-report-after-cardi-b-hurled-microphone-into-crowd-during-las-vegas-show/3615152/
| 2023-07-31T21:47:19
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/fan-files-police-report-after-cardi-b-hurled-microphone-into-crowd-during-las-vegas-show/3615152/
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Country music star Craig Morgan had decided to step away from the military after more than 17 years of service, including nearly a decade on active duty.
But fans in the historic halls of the Grand Ole Opry on Saturday night were in for an unprecedented surprise, when Morgan, 59, was sworn in as a warrant officer with the U.S. Army Reserves, becoming the first person to commission at the home of country music — Nashville, Tennessee.
“I feel like an 18-year-old kid, I can tell you,” Morgan said in an interview with NBC News ahead of the ceremony. “I’m excited, nervous. But humbled. I’m humbled for the opportunity.”
For more on this story, go to NBC News.
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/humbled-for-the-opportunity-country-music-star-craig-morgan-re-enlists-in-the-army/3615135/
| 2023-07-31T21:47:20
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/humbled-for-the-opportunity-country-music-star-craig-morgan-re-enlists-in-the-army/3615135/
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More U.S. shrimpers have sold their boats. Most Americans don't realize that the cheap, plentiful shrimp they buy in the market and order on pad thai is driving domestic shrimpers out of business.
Copyright 2023 NPR
More U.S. shrimpers have sold their boats. Most Americans don't realize that the cheap, plentiful shrimp they buy in the market and order on pad thai is driving domestic shrimpers out of business.
Copyright 2023 NPR
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https://www.wboi.org/2023-07-31/demand-for-cheap-shrimp-is-driving-u-s-shrimpers-out-of-business
| 2023-07-31T21:47:20
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https://www.wboi.org/2023-07-31/demand-for-cheap-shrimp-is-driving-u-s-shrimpers-out-of-business
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Netflix has just dropped an action-packed trailer for "Spy Kids: Armageddon," which will be available on their streaming platform beginning Sept. 22.
"Spy Kids: Armageddon" is the latest installment in the 2001 franchise "Spy Kids" by creator Robert Rodriguez. The reboot follows a new group of secret spies: the Tango-Torrez family. After a virus was accidentally unleashed on a powerful game developer and gives him control of the world's technology, sibling duo Tony and Patty will have to become spies themselves to save their parents and the world.
"Jane The Virgin" actress Gina Rodriguez and "Shazam!" star Zachary Levi will portray the parents of Tony and Patty, who will played by newcomers Connor Esterson and Everly Carganilla, Netflix said.
Though the original spy kids might not be in this family action-adventure, director Rodriguez told fans to be on the lookout for references to the original films
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“This movie really wants to stand on its own, kind of establish the family,” Rodriguez told Netflix. "There [will] be Easter eggs."
Here's a look at the full trailer:
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/spy-kids-armageddon-trailer-released-ahead-of-september-launch-on-netflix/3615226/
| 2023-07-31T21:47:21
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/spy-kids-armageddon-trailer-released-ahead-of-september-launch-on-netflix/3615226/
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ROCHESTER, N.H. — 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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https://www.fox43.com/article/news/nation-world/desantis-economic-policy-china-taxes-regulations/507-aed5309b-d61c-4023-8b2e-c50e828635ce
| 2023-07-31T21:47:21
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https://www.fox43.com/article/news/nation-world/desantis-economic-policy-china-taxes-regulations/507-aed5309b-d61c-4023-8b2e-c50e828635ce
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Last month, as we celebrated the 4th of July (Independence Day) it reminded us of the tremendous sacrifices made by those defending the freedom of our great country. I believe that most of us either served ourselves, had family members that served, or know of someone who served our country in the military. A symbol of that service, sacrifice and patriotism is the American flag which we so proudly fly at our homes, business, and public locations. I often have inquiries regarding how to properly display the American flag as well as how to properly retire those flags that are worn out or frayed. It is nothing more disrespectful to a Veteran than not honoring our American flag appropriately. Over the years I had many Veterans come to my office asking what they could do when they saw a flag that was clearly unserviceable. My advice has been to respectfully bring it to their attention and most people and business will take a torn flag down and replace it. In this article I wanted to share the American Flag guidelines so that we do things properly in honoring our flag and ultimately those that served.
The American flag is a symbol of freedom and liberty to which Americans recite the pledge of allegiance. The flag’s 13 alternating red and white stripes represent the 13 original colonies. Its 50 white stars on a blue field represent the 50 states. The colors on the flag each have a meaning: Red: valor and bravery; White: purity and innocence; Blue: vigilance, perseverance, and justice.
Public Law 94-344, known as the Federal Flag Code, contains rules for handling and displaying the U.S. flag. While the federal code contains no penalties for misusing the flag, states have their own flag codes and may impose penalties. The language of the federal code makes clear that the flag is a living symbol of our great republic and country.
Important Things to Remember:
When the Pledge of Allegiance is delivered or Star-Spangled Banner played or sang, we should stand facing the flag with our right hand over our heart.
Don’t let the flag touch anything beneath it: ground, floor, water, merchandise.
Don’t fasten or display it in a way that will permit it to be damaged or soiled.
Don’t place anything on the flag, including letters, insignia, or designs of any kind.
Don’t use it for holding anything.
Don’t use it as wearing apparel, bedding, or drapery. It should not be used on a costume or athletic uniform. However, a flag patch may be attached to the uniform of patriotic organizations, military personnel, police officers and firefighters.
During the hoisting or lowering of the flag or when it passes in parade or review, Americans should stand at attention facing the flag and place their right hand over the heart. Uniformed military members render the military salute. If not in uniform we should remove any hats/caps and hold it with our right hand at our left shoulder, the hand resting over the heart.
When the flag is worn out or otherwise no longer a fitting emblem for display, it should be destroyed in a dignified way, preferably by burning.
I have a flag retirement box in the lobby of the Pontotoc County Veterans Service Center that you may use should you elect not to retire the damaged flag yourself.
On a personal note, nothing made me prouder than wearing the American flag on the right shoulder of my US Army uniform, both in peacetime and in combat. It was an honor to serve our country and follow in the footsteps of so many in the protection of our freedom and liberty. Let’s do our part and protect and respect our flag!!!
Please don’t hesitate to call me at 662-489-3907 or just stop by the new Veteran Service Center for any questions you may have regarding your benefits.
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https://www.djournal.com/pontotoc/news/honoring-our-american-flag/article_5e21914a-2fdf-11ee-8848-ab79ac5bff50.html
| 2023-07-31T21:47:21
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https://www.djournal.com/pontotoc/news/honoring-our-american-flag/article_5e21914a-2fdf-11ee-8848-ab79ac5bff50.html
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With dangerously high temperatures across the country, hospitals are seeing more people with potentially deadly heat illness. A southern city is coping with what may be the new summer medical reality.
Copyright 2023 NPR
With dangerously high temperatures across the country, hospitals are seeing more people with potentially deadly heat illness. A southern city is coping with what may be the new summer medical reality.
Copyright 2023 NPR
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https://www.kanw.com/2023-07-31/a-new-summer-reality-hospitals-and-ers-see-more-parents-with-heat-related-illness
| 2023-07-31T21:47:23
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https://www.kanw.com/2023-07-31/a-new-summer-reality-hospitals-and-ers-see-more-parents-with-heat-related-illness
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MESA, Ariz., July 31, 2023 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2023, after market close on August 9, 2023.
Verra Mobility's Chief Executive Officer, David Roberts, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 9, 2023.
To access the conference call, dial 1-888-886-7786 (U.S. toll-free) or 1-416-764-8658 (International) with conference ID 11014275 or click on the following link and request a return call: callme.viavid.com. A live webcast will be available on the Company's Investor Relations website at ir.verramobility.com.
An audio replay of the call will also be available until 11:59 p.m. ET on August 23, 2023, by dialing 1-844-512-2921 (U.S. toll-free), or 1-412-317-6671 (International) and entering passcode 11014275.
In addition, an archived webcast will be available in the "News & Events" section of Verra Mobility's Investor Relations website at ir.verramobility.com.
About Verra Mobility
Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility's other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility's reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.
Additional Information
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.
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SOURCE Verra Mobility
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https://www.wafb.com/prnewswire/2023/07/31/verra-mobility-schedules-second-quarter-2023-earnings-call/
| 2023-07-31T21:47:23
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https://www.wafb.com/prnewswire/2023/07/31/verra-mobility-schedules-second-quarter-2023-earnings-call/
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JERUSALEM (AP) — Israel’s Supreme Court said Monday that a full panel of 15 justices would hear petitions in September against a contentious law that was passed last week by Prime Minister Benjamin Netanyahu’s government and which has spurred mass protests.
The law was one of a series of proposed changes to Israel’s judiciary put forward by Netanyahu’s government earlier this year that seek to curb the power of the Supreme Court. The judicial overhaul plan has been met with months of sustained mass protest against the legislation and drawn criticism from the White House.
Critics of the overhaul say that the package of laws would concentrate power in the hands of the ruling coalition and erode the system of checks and balances between branches of government. Proponents say the measures are necessary to limit the power of unelected judges who they say are overly activist.
Netanyahu and his allies passed a law last week that removes the high court’s ability to annul government decisions considered “unreasonable.” The “reasonableness standard” was implemented by the Supreme Court earlier this year to thwart the appointment of a Netanyahu ally as interior minister after he had recently pleaded guilty to tax offenses.
The court said the hearing concerning the law striking down the “reasonableness standard” would take place on Sept. 12 with a full bench of 15 justices. The Supreme Court typically hears cases with smaller panels of justices, but appears to have opted for a full complement of judges because of the highly delicate nature of the matter.
The Netanyahu administration’s push to overhaul the judiciary has deeply divided an already highly polarized country and sparked the longest sustained protests in the country’s history.
Netanyahu and his allies took office in December after the country’s fifth election in under four years, most of them referendums on the longtime leader’s fitness to serve while on trial for corruption.
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https://www.wane.com/top-stories/ap-top-headlines/ap-israels-full-high-court-to-hear-petitions-against-judiciary-law-in-september-that-spurred-protests/
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Many public housing residents are especially vulnerable to extreme heat, but there's no federal requirement for air conditioning. That leaves cash-strapped local agencies struggling to provide it.
Copyright 2023 NPR
Many public housing residents are especially vulnerable to extreme heat, but there's no federal requirement for air conditioning. That leaves cash-strapped local agencies struggling to provide it.
Copyright 2023 NPR
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https://www.wboi.org/2023-07-31/getting-ac-to-residents-of-public-housing-where-extreme-heat-can-be-dangerous
| 2023-07-31T21:47:26
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https://www.wboi.org/2023-07-31/getting-ac-to-residents-of-public-housing-where-extreme-heat-can-be-dangerous
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Within the Mattel toy universe, there's Barbie, there's "just Ken" ... and there are the dolls you completely forgot existed until seeing Greta Gerwig's "Barbie" movie.
"Barbie" features a few such of Mattel's most legendary flops, including Earring Magic Ken, Growing Up Skipper and Sugar Daddy Ken (it's a long story, which we'll get to below).
As narrator Helen Mirren said in the movie, some of these doll concepts were "just too weird." Indeed, viewers can spot several discontinued dolls living in Weird Barbie's house, a veritable Island of Misfit Toys.
From a pregnant doll to a dog named Sugar, here are some of Mattel's most infamous discontinued dolls.
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'Happy Family' Midge
As Barbie (Margot Robbie) takes viewers on a tour through Barbie Land, one doll's appearance sticks out. Midge, played by Emerald Fennell, sports a huge baby bump as she eagerly waves to Robbie's stereotypical Barbie. The character is played for laughs, but casual "Barbie" fans may not know Midge's long, controversial history in the Barbieverse.
Entertainment News
Margaret "Midge" Hadley Sherwood was created in 1963 as Barbie's plain-Jane best friend. Far less glamorous than Barbie, Midge was intended to represent a more average, accessible American girl.
For most of her existence, Midge led a quiet, unremarkable life with her beau Allan Sherwood, whose packaging described him simply as "Ken's Buddy." The plastic pair married in 1990, and enjoyed a brief moment in the spotlight with a "Wedding Party" set released the same year.
Midge and Allan's marriage opened up new avenues for the dolls, such as parenthood. Mattel released the "Happy Family" set in 2002, featuring a pregnant Midge with infant accessories and a "3-in-1 crib, table, and cradle," according to the box. "With this gift set, girls have everything they need to play out the arrival of a new baby," the box read.
Perhaps taking the "Happy Family" concept just a step too far, Midge had a detachable, magnetized pregnant belly that could fit her accompanying plastic infant.
Midge's delicate condition sparked immediate backlash. Many real-life parents worried that Midge would promote teen pregnancy, or even single motherhood — Allan and the couple's other child, Ryan, were sold separately from Midge.
According to the Associated Press, Wal-Mart pulled pregnant Midge from shelves by December 2002 due to the controversy.
Mattel has never returned Midge or her baby to the doll lineup.
Allan
Allan, Midge's husband, has been similarly wiped from the records: The doll disappeared just two years after his release in 1964, reappearing only in the 90's. Played by Michael Cera in "Barbie," Allan has a much larger role in the film than he ever did in real life.
Though many versions of Ken have been created over the years, there has only ever been one Allan. His main claim to fame remains that he shares clothes with Ken.
Earring Magic Ken
As seen in "Barbie," Ken frequently takes a back seat to Barbie. The movie's tagline says it all: "She's everything. He's just Ken."
For a brief, shining moment in the early 1990s, though, one Ken doll emerged as an accidental superstar.
"Earring Magic Ken," who debuted in 1993, was Mattel's attempt to jazz up Ken's squeaky-clean image, allegedly in response to girls requesting a "cooler" version of the character.
The doll sported bleach blond hair, a see-through purple mesh top, a lavender pleather vest, a rather unusual necklace, and of course, a single earring.
Reviewers were quick to point out that Ken’s outfit bore a resemblance to rave wear popular among gay men at the time.
“Ever since Mattel introduced Earring Magic Ken a few weeks ago, people have been wondering whether there’s something more in the Dream House closet than a few Bob Mackie originals and some two-inch-wide hangers,” journalist Frank DeCaro wrote in Newsday.
In the 90s, wearing a single earring was perceived as a way for gay men to secretly communicate their sexuality to each other. While Ken's earring was not on the right ear, which was the usual piercing location for signaling, Earring Magic Ken nonetheless evoked the practice.
It certainly didn't help that Earring Magic Ken's necklace, which had a large silver ring as the pendant, bore more than a passing resemblance to a sex toy.
In his now-infamous 1993 piece "Ken Comes Out," columnist Dan Savage speculated about Earring Magic Ken's sexuality and interrogated a Mattel representative about whether the company was aware of the doll's connotations.
“Absolutely not,” Lisa McKendall, a Mattel representative at the time, told Savage. “It’s a necklace. It holds charms he can share with Barbie. C’mon, this is a doll designed for little girls, something like that would be entirely inappropriate.”
Nonetheless, Earring Magic Ken became a coveted item for toy collectors who were amused by Ken's accidental foray into camp. On shelves for only six weeks, it became the best-selling Ken doll in Mattel history.
Played by Tom Stourton, Earring Magic Ken made a brief appearance in "Barbie" alongside another notorious Ken doll. Hint: his name is synonymous with "fructose father."
Palm Beach Sugar Daddy Ken
While Mattel might have pled ignorance about Earring Magic Ken, it would be difficult to contend that Mattel created a doll called "Sugar Daddy Ken" with zero knowledge of the term's implications. The doll was endorsed, satirically, by the website Seeking Arrangement, which facilitates "mutually beneficial relationships," the website says.
Palm Beach Sugar Daddy Ken debuted in 2005 as part of Barbie's 50th-anniversary collection. He was dressed in a lime green damask blazer and crisp white pants, and he came with a dog named Sugar.
Thus, Mattel argued, he was called Sugar Daddy Ken because he was Sugar's ... owner?
“He’s Sugar’s daddy, as a reference to the dog,” a Mattel spokesperson told New York Post in 2009.
The doll was part of the adult Barbie Collector Line and not targeted at children.
Sugar Daddy Ken, played in the film by Rob Brydon, also made an appearance in Weird Barbie's house alongside his plausibly deniable pooch.
Growing up Skipper
If you thought pregnant Midge was the apex of weird Barbie anatomy, "Growing Up Skipper" blows that plastic baby out of the water.
Skipper, for background, is Barbie's little sister. The first Skipper doll was released in 1964. Created as an 8-year-old character, Skipper had a notably more youthful, cherubic appearance than big sister Barbie.
Mattel decided that even plastic is not immune to the ravages of puberty. In 1975, the company released "Growing Up Skipper," a technological marvel of a doll that grew taller — and grew breasts — when users twisted her left arm. Rotating her arm backwards reversed the changes.
Growing Up Skipper's packaging described her transformation as going from a “cute, little girl” to a “tall, curvy teenager.” The commercial called it "two dolls in one."
Despite controversy, Mattel created another version of the doll concept called "Growing Up Ginger" in 1976.
The company eventually discontinued the "Growing Up" dolls in 1977, but Skipper continued to develop in subsequent versions of the doll. "Super Teen Skipper," created in 1979, retained the doll's aged-up appearance. "Hot Stuff Skipper" doll was released in 1985.
Growing Up Skipper, played by Hannah Khalique-Brown, makes a brief appearance in "Barbie" in which she demonstrates her shapeshifting capabilities to a horrified Gloria (America Ferrara) and Sasha (Ariana Greenblatt).
Video Girl Barbie
To round out the lineup of discontinued and disgraced dolls, we have Video Girl Barbie, who has the unique distinction of being the subject of a warning from the FBI.
Video Girl Barbie was a 2010 doll that featured a tiny front camera capable of recording up to 30 minutes of footage and a small video screen on her back.
The toy was ostensibly aimed towards "budding filmmakers," but it found its way onto the FBI's radar.
The FBI sent out a memo alerting law enforcement to the toy's potential for child abuse — namely child pornography — due to its hidden camera feature.
Though the FBI asserted that no such incident had yet occurred with the doll, the alert was quickly picked up by media.
“The alert’s intent was to ensure law enforcement agencies were aware that the doll, like any other video-capable equipment, could contain evidence and to not disregard such an item during a search,” the FBI explained in a statement.
Mattel also put out a statement clarifying the purpose of the announcement.
"The FBI is not reporting that anything has happened," the company said. "Steve Dupre from the FBI Sacramento field office has confirmed there have been no incidents of this doll being used as anything other than as intended. Mattel products are designed with children and their best interests in mind. Many of Mattel’s employees are parents themselves and we understand the importance of child safety — it is our number one priority."
The doll was discontinued in 2012, per Mattel.
Video Girl Barbie appears in the film along with the other discarded dolls in Weird Barbie's house.
She complains about her design to Gloria and Sasha.
"I have a TV on my back," she said. "You know who’s dream this is? Nobody. It’s nobody’s dream."
This story first appeared on TODAY.com. More from TODAY
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https://www.nbcphiladelphia.com/entertainment/entertainment-news/the-true-story-behind-barbies-discontinued-dolls-from-allan-to-pregnant-midge/3615183/
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WASHINGTON D.C., DC — Hunter Biden's former business partner appeared Monday for closed-door testimony on Capitol Hill, with Republicans planning to question him about claims that President Joe Biden was directly involved in his younger son's financial dealings.
The Republican-led House Oversight Committee was conducting a transcribed 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.
Archer, who served with Hunter Biden on the board of the Ukrainian gas company Burisma, has been seen by Republicans as a key witness in their so-far fruitless 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, an oil-and-gas company where Hunter Biden was on the board. GOP lawmakers and staff present at Monday's interview were also expected to question Archer about several business meetings and conversations Hunter Biden had during which he is said to have invoked his father's name.
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 then the court of appeals in New York reinstated it in 2020. His sentencing in the case has been repeatedly delayed by appeals.
Archer's appearance before lawmakers had been scheduled and canceled several times since June. Republicans suggested it was about to be delayed again after the Justice Department over the weekend asked a judge to schedule a date for Archer to surrender to prison and begin serving out his one-year sentence in the unrelated fraud case.
Republicans — led by Comer — criticized that delay, calling it an effort by the Justice Department to intimidate a witness. But the Justice Department in a follow-up memo to the court noted Archer's surrender was not imminent and asked a judge to ensure that he testified to Congress before reporting to prison.
“Mr. Archer will do what he has planned to do all along, which is to show up this morning and to honestly answer the questions that are put to him by the congressional investigators,” said Archer’s attorney, Matthew Schwartz, who is a managing partner at New York-based firm Boies Schiller Flexner.
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https://www.fox43.com/article/news/nation-world/hunter-bidens-former-business-partner-closed-door-interview-congress/507-23f43709-8c50-4cf7-9385-75d47ed5d868
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https://www.fox43.com/article/news/nation-world/hunter-bidens-former-business-partner-closed-door-interview-congress/507-23f43709-8c50-4cf7-9385-75d47ed5d868
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https://www.djournal.com/pontotoc/news/saturday-august-5-is-in-person-absentee-voting-deadline/article_03187a36-2fdd-11ee-af38-730b549d0d5a.html
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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.kanw.com/2023-07-31/after-losing-his-wife-richard-e-grant-has-found-a-daily-pocketful-of-happiness
| 2023-07-31T21:47:29
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Funding by California Transportation Commission and Oregon Department of Environmental Quality
LONG BEACH, Calif., July 31, 2023 /PRNewswire/ -- On the heels of opening the nation's largest public charging depot for electric commercial trucks at the Port of Long Beach, WattEV announced today it has secured $40.5 million in grants to further expand its growing network of electric truck stops into Northern California and Oregon.
WattEV, the industry leader in heavy-duty freight electrification, has been awarded two separate grants: one for a solar-powered truck charging depot across Interstate 5 from the airfreight hub adjacent to Sacramento International Airport, and another for a grid-connected charging depot along Interstate 5 in Salem, Ore.
WattEV has secured a $34 million federal grant through the California Transportation Commission to build and operate what will become the nation's largest electric charging depot on more than 100 acres of land immediately south of Sacramento International Airport (SMF) on Interstate 5.
The SMF project is expected to open in mid- to late-2025 with 15.6 MW of solar power supplemented by 7.2 MW of grid power supplied by the Sacramento Municipal Utility District.
The SMF depot will have 30 DC fast chargers for passenger vehicles, 90 high-power CCS-1 cords for medium- and heavy-duty commercial electric vehicles, and 18 megawatt cords for pass-through charging of HD trucks using the upcoming Megawatt Charging Standard (MCS).
"We're proud to partner with WattEV as they continue to advance transition of U.S. trucking transport to zero emissions," said Cindy Nichol, Director of Sacramento County Department of Airports. "Sacramento International Airport's proximity to one of largest goods distribution centers in the state makes this an ideal location to serve California's 'electric highway.'"
WattEV was also awarded $6.5 million from the Oregon Department of Environmental Quality to build a 6-acre EV charging depot. The Salem, Ore., site will be grid-connected in cooperation with Portland General Electric.
Planning for the Salem electric truck stop includes 30 CCS 240 KW chargers and six MCS 1200 KW chargers. It's expected to open in 2025 as well.
"These grant awards will allow us to meet our plans to expand our network of electric-truck charging depots from the Mexican border to Portland, Oregon, via Interstate 5, on what government planners and industry stakeholders are calling the 'electric highway,'" explained WattEV co-founder and CEO Salim Youssefzadeh.
The grant for the SMF project comes from the U.S. Department of Transportation's "Trade Corridor Enhancement Program," which distributes funding through state transportation agencies.
"We're building out the West Coast corridor while also reaching eastward along the I-10 toward Arizona and Texas and, eventually, to the East Coast," Youssefzadeh said. "To expand the WattEV network, we'll match our grants with private capital to fund this massive infrastructure buildout."
WattEV selects the locations of its charging depots based on analysis of freight routes, range of electric trucks and energy supply.
"We picked our site in Sacramento because of its strategic location next to the Metro Air Park Logistics Center, where more than 10-million square-feet of warehouse space is planned," said Youssefzadeh, "and its close proximity to downtown Sacramento – just 10 minutes away."
Sacramento County and surrounding areas contain one of the largest concentrations of California's goods distribution centers, serving many of the largest shippers in the country.
The Sacramento Metropolitan Air Quality Management District (Sac Metro Air District) has committed to working closely with WattEV on the project as it will have significant air quality benefits for Sacramento.
"Emissions from fossil-fuel powered cars and trucks are the largest source of air pollution in the Sacramento region," said Sac Metro Air District Transportation and Climate Change Program Manager Raef Porter. "Over the past 25 years, the Air District has invested $300 million in clean air projects. We're proud to continue that commitment by partnering with WattEV on this transformative solar-powered, electric charging depot. Building new electric vehicle infrastructure is imperative to the successful transition to clean transportation and ensuring a clean air and low carbon future for all."
The SMF depot will initially serve as a charging hub for local and regional distribution centers, and later as a depot serving the north-south freight corridor stretching from WattEV's newly opened charging depot in the Port of Long Beach, connecting to Oregon and Washington state.
"We not only have the demand for regional distribution in Sacramento County," Youssefzadeh explained, "but we also have existing shippers asking us to transport freight from their logistic centers in the Los Angeles area to distribution centers of retailers in Sacramento."
About WattEV
WattEV's mission is to accelerate the transition of U.S. trucking transport to zero emissions. It relies on a combination of business and technology innovations to create charging infrastructure and data-driven workflow that provide truckers and fleet operators the lowest total cost of ownership. WattEV's goal is to get 12,000 heavy-duty electric trucks on California roads by the end of 2030, exceeding existing forecasts. More information is available online at www.WattEV.com.
About the Sac Metro Air District
The Sac Metro Air District is the leading Sacramento region agency responsible for monitoring air quality, reducing air pollution, enforcing air quality regulations, and promoting decarbonization efforts through innovative incentive programs and projects. The Air District also works to ensure clean air and meet National Ambient Air Quality standards. For more information about the Air District, please visit www.AirQuality.org.
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SOURCE WattEV
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https://www.wafb.com/prnewswire/2023/07/31/wattev-awarded-405-million-build-truck-charging-depots-northern-california-oregon-along-electric-highway/
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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.wboi.org/2023-07-31/how-a-suicide-bombing-in-pakistan-shows-spillover-effect-from-talibans-afghanistan
| 2023-07-31T21:47:32
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KHAR, Pakistan (AP) — An Afghan branch of Islamic State on Monday claimed responsibility for a suicide bombing in Pakistan that killed at least 54 people at a pro-Taliban party’s election rally, in one of the region’s worst attacks in recent years.
Islamic State in Khorasan Province made the claim in a statement posted on its Amaq website. It said the attacker detonated an explosive vest, and that the bombing Sunday in the northwestern town of Bajur was part of the group’s continuing war against forms of democracy it deems to be against Islam.
Hours earlier, hundreds of mourners in Bajur carried caskets draped in colorful cloths to burial sites following the previous day’s attack at the election rally for the Jamiat Ulema Islam party. Officials said the bombing killed 54 people, including at least five children, and wounded nearly 200.
The attack appeared to reflect divisions between Islamist groups, which have a strong presence in the district in Khyber Pakhtunkhwa province that borders Afghanistan. The Jamiat Ulema Islam party has ties to the Afghan and Pakistani Taliban.
At least 1,000 people were crowded into a tent near a market for the rally ahead of fall elections, according to police.
“People were chanting God is Great as the leaders arrived,” said Khan Mohammad, a local resident who said he was standing outside the tent, “and that was when I heard the deafening sound of the bomb.”
Mohammad said he heard people crying for help, and minutes later ambulances arrived and began taking the wounded away.
Police had suggested in their initial investigation that Islamic State in Khorasan Province was a suspect. The group is based in neighboring Afghanistan’s Nangarhar province and is a rival of the Afghan Taliban and al-Qaida.
Pakistan security analyst Mahmood Shah also previously had said that breakaway factions of the Pakistani Taliban could be possible suspects, though the group distanced itself from the attack.
The Pakistani military spent years fighting the Pakistani Taliban, also known as Tehreek-e-Taliban Pakistan, or TTP, in Bajur before declaring the district clear of militants in 2016. But the Jamiat Ulema Islam party, headed by hard-line cleric and politician Fazlur Rehman, has remained a potent political force.
On Monday, police recorded statements from some of the wounded at a hospital in Khar, the district’s principal town.
Female relatives and children wailed and beat their chests at family homes Monday as the dead were taken for funerals, following local customs. Hundreds of men followed the caskets to mosques and open areas for special funeral prayers and then into the hills for burial.
As condolences continued to pour in from across the country, dozens of people who had lesser injuries were discharged from hospital, while the critically wounded were taken to the provincial capital of Peshawar by army helicopters. The death toll continued to rise as some critically wounded people died in hospital, physician Gul Naseeb said.
Gul Akbar, the father of an 11-year-old boy who was wounded in the attack, told The Associated Press that his entire family was in a state of shock after hearing about the bombing Sunday. He said he first went to the scene of the attack, and later found his son Taslim Khan being treated in a hospital in Khar.
“What would I have done if he had also been martyred? Five children died in this barbaric attack, and we want to know what our children did wrong,” he said.
Rehman’s party is preparing to contest elections, which are expected in October or November. Abdul Rasheed, one of the party’s senior leaders, said the bombing was aimed at weakening the party but that “such attacks cannot deter our resolve.”
Rehman’s party is part of Prime Minister Shehbaz Sharif’s coalition government, which came to power in April 2022 by ousting former Prime Minister Imran Khan through a no-confidence vote in the legislature.
Sharif called Rehman to express his condolences and assure the cleric that those who orchestrated the attack would be punished. Khan condemned the bombing Sunday, as did the U.S. and Russian embassies in Islamabad.
The Pakistani Taliban also distanced themselves from the bombing, saying that it was intended to set Islamists against each other. Zabihullah Mujahid, the spokesman for the Afghan Taliban, wrote in a tweet that “such crimes cannot be justified in any way.”
The bombing came hours before Chinese Vice Premier He Lifeng arrived in Islamabad, where he signed new agreements to boost trade and economic ties to mark a decade of the China-Pakistan Economic Corridor, a sprawling package under which China has invested $10 billion in Pakistan over 10 years, according to Sharif.
“We will not tolerate any obstacles in the way of friendship with China,” Sharif said, as he stood next to He.
But the government canceled a cultural event that had been arranged in honor of He, according to Sharif, while the nation mourns.
Some Chinese nationals have also been targeted by militants in northwestern Pakistan and elsewhere.
Rehman, who has long supported Afghanistan’s Taliban government, survived at least two known bomb attacks in 2011 and 2014, when bombings damaged his car at rallies.
Sunday’s bombing was one of the worst in northwestern Pakistan in the last decade. In 2014, 147 people, mostly schoolchildren, were killed in a Taliban attack on an army-run school in Peshawar.
In January, 74 people were killed in a bombing at a mosque in Peshawar. And in February, more than 100 people, mostly policemen, died in a bombing at a mosque inside a high-security compound housing Peshawar police headquarters.
___
Associated Press writer Munir Ahmed contributed to this story from Islamabad.
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https://www.wane.com/top-stories/ap-top-headlines/ap-pakistan-holds-funerals-as-government-vows-to-hunt-down-those-behind-the-weekends-suicide-bombing/
| 2023-07-31T21:47:31
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https://www.wane.com/top-stories/ap-top-headlines/ap-pakistan-holds-funerals-as-government-vows-to-hunt-down-those-behind-the-weekends-suicide-bombing/
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https://www.nbcphiladelphia.com/news/health/update-on-bronny-jamess-health-after-recent-hospitalization/3615205/
| 2023-07-31T21:47:33
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https://www.nbcphiladelphia.com/news/health/update-on-bronny-jamess-health-after-recent-hospitalization/3615205/
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PITTSFORD, N.Y. — Of the thousands of emotions — trepidation among them — running through Damar Hamlin’s head Monday while he pulled on his pads for practice for the first time at training camp, the one that ultimately won out was joy.
For everything the Buffalo Bills safety has overcome in seven months since going into cardiac arrest during a game and needing to be resuscitated on the field, Hamlin leaned on his faith in God and himself, along with the support from his family and teammates, to take another step toward resume his playing career.
“A super big hurdle as you can imagine. Like, I pretty much lost my life playing this sport,” Hamlin said at a news conference after practice.
“I made the choice to play. But I’m processing a thousand emotions. I’m not afraid to say that it crosses my mind of being a little scared here and there,” he added. “My faith is stronger than any fear. That’s what I want to preach up here. And that’s the message I want to spread on to the world that as long as your faith is stronger than your fear, you can get through anything.”
Though Hamlin was cleared to resume practicing in mid-April, he did so wearing a helmet and shorts with the rest of his teammates through their spring sessions and first four days of training camp, as mandated by NFL rules. The magnitude of the Bills' first day in pads wasn’t lost on Hamlin, given it marked the first time he was in full uniform since collapsing on the field in Cincinnati on Jan. 2 after making what appeared to be a routine tackle of Bengals receiver Tee Higgins.
“Ah man, it feels amazing. It’s a roller coaster of emotions. I was kind of all over the place just being back for the first time,” Hamlin said. “Just trying to keep everything as normal as possible.”
The normality of football struck him about an hour into practice when Hamlin took the field for the first time during a team red-zone running drill in which tackling was still not allowed.
On his second play, Hamlin showed no hesitation when bursting toward Damien Harris and wrapping him up with both arms. A play later, running back James Cook broke a tackle before Hamlin joined a teammate in wrapping him up just before the goal line.
Hamlin’s biggest contact came on the final play of practice, when he avoided a block to work his way into the backfield and help a teammate stop tight end Quintin Morris for what would have been a loss.
“That first little moment of contact, that was just letting me know. I felt alive, man. I felt like I’m here,” Hamlin said with a wide grin. “So it felt good. It was just that moment of: ‘All right, let’s settle in and let’s just take one play at a time. Let’s just keep going.’”
Hamlin’s only lament was not having any balls thrown in his direction during team drills, though he laughed when saying that might not be a bad thing.
“When the ball’s not coming my way, that makes you think you’re doing your job right,” Hamlin said. “But, you know, I would love some more opportunities to make a big play and turn practice up a bit.”
The 25-year-old from the Pittsburgh area is entering his third NFL season. Selected by Buffalo in the sixth round of the 2021 draft out of Pitt, he opened last season as a backup before starting 13 games after Micah Hyde sustained a season-ending neck injury.
This year, Hamlin is competing with offseason free-agent addition Taylor Rapp for a backup role behind Hyde and Jordan Poyer. As for Hamlin’s next hurdle, it’ll come Aug. 12, when the Bills open their preseason schedule at home against Indianapolis.
Rapp, who spent his first four NFL seasons with the Los Angeles Rams, might be new to Buffalo but is impressed with how Hamlin has handled himself.
“How far he’s come and what he’s able to come back from late last season and just seeing how he goes about himself and attacks the rehab at the facility is nothing short of inspiring,” Rapp said.
A day earlier, coach Sean McDermott said he was walking a fine line in treating Hamlin much like any other player, while keeping in mind what he’s gone through.
“I think awareness is important, right? You’ve got X amount of guys out here and then you have Damar in there as well and trying to make it as normal as possible,” McDermott said. “We’re going to support him through this, and to this point, he’s done a phenomenal job.”
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https://www.fox43.com/article/sports/football/damar-hamlin-puts-aside-fear-and-practices-in-pads-for-the-first-time-since-cardiac-arrest/521-47d29002-68c3-4b5a-906f-6af9c29b2a6d
| 2023-07-31T21:47:33
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https://www.fox43.com/article/sports/football/damar-hamlin-puts-aside-fear-and-practices-in-pads-for-the-first-time-since-cardiac-arrest/521-47d29002-68c3-4b5a-906f-6af9c29b2a6d
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More U.S. shrimpers have sold their boats. Most Americans don't realize that the cheap, plentiful shrimp they buy in the market and order on pad thai is driving domestic shrimpers out of business.
Copyright 2023 NPR
More U.S. shrimpers have sold their boats. Most Americans don't realize that the cheap, plentiful shrimp they buy in the market and order on pad thai is driving domestic shrimpers out of business.
Copyright 2023 NPR
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https://www.kanw.com/2023-07-31/demand-for-cheap-shrimp-is-driving-u-s-shrimpers-out-of-business
| 2023-07-31T21:47:35
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https://www.kanw.com/2023-07-31/demand-for-cheap-shrimp-is-driving-u-s-shrimpers-out-of-business
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ENGLEWOOD, Colo., July 31, 2023 /PRNewswire/ -- WOW! Internet, TV & Phone (NYSE: WOW), a leading broadband provider in the United States, announced today it will host a webcast and conference call on Tuesday, August 8, 2023, at 8:00 a.m. ET to discuss financial and operating results for the second quarter 2023. WOW! will issue a news release reporting its results earlier that morning.
The conference call will be broadcast live on the company's investor relations website at ir.wowway.com. Those parties interested in participating via telephone should dial (888) 330-3556 with the conference ID number 4844814. International callers should dial (646) 960-0826 and use the same conference ID number.
A replay of the call will be available August 8, 2023, at 11:00 a.m. ET, on the investor relations website or by telephone. To access the telephone replay, which will be available until August 22, 2023, at 11:59 p.m. ET, please dial (800) 770-2030 or (647) 362-9199 and use conference ID 4844814.
About WOW! Internet, TV & Phone
WOW! is one of the nation's leading broadband providers, with an efficient and high-performing network that passes nearly 2 million residential, business and wholesale consumers. WOW! provides services in 15 markets, primarily in the Midwest and Southeast, including Michigan, Alabama, Tennessee, South Carolina, Georgia and Florida, including the new all-fiber network in Central Florida. With an expansive portfolio of advanced services, including high-speed Internet services, cable TV, home phone, mobile phone, business data, voice, and cloud services, the company is dedicated to providing outstanding service at affordable prices. WOW! also serves as a leader in exceptional human resources practices, having been recognized 10 times by the National Association for Business Resources as a Best & Brightest Company to Work For in the Nation, winning the award for the last six consecutive years and making the 2022 Top 101 National Winners list. Visit wowway.com for more information.
View original content to download multimedia:
SOURCE WideOpenWest, Inc.
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https://www.wafb.com/prnewswire/2023/07/31/wideopenwest-inc-announce-second-quarter-2023-financial-results/
| 2023-07-31T21:47:36
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https://www.wafb.com/prnewswire/2023/07/31/wideopenwest-inc-announce-second-quarter-2023-financial-results/
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NPR's Ailsa Chang talks with trucker Alex Mai, who runs a YouTube Channel about trucking news, about how 30,000 workers are losing their jobs as the shipping company Yellow has shut down operations.
Copyright 2023 NPR
NPR's Ailsa Chang talks with trucker Alex Mai, who runs a YouTube Channel about trucking news, about how 30,000 workers are losing their jobs as the shipping company Yellow has shut down operations.
Copyright 2023 NPR
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https://www.wboi.org/2023-07-31/how-the-shutdown-of-transport-company-yellow-could-have-ripple-effects-for-truckers
| 2023-07-31T21:47:38
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https://www.wboi.org/2023-07-31/how-the-shutdown-of-transport-company-yellow-could-have-ripple-effects-for-truckers
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https://www.nbcphiladelphia.com/news/local/pa-budget-mpasse-still-withholding-money-for-school-districts/3615192/
| 2023-07-31T21:47:39
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https://www.nbcphiladelphia.com/news/local/pa-budget-mpasse-still-withholding-money-for-school-districts/3615192/
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Robert F. Kennedy Jr., who is running as a Democrat against President Joe Biden, tells many stories on the campaign trail about himself, his life’s work and what he stands for that are the opposite of what his record actually shows.
The Associated Press found that Kennedy’s insistence that he is not anti-vaccine doesn’t square with his long record of opposition to vaccines. His claims that he is a true Democrat inheriting the mantle of his famous family are contradicted by his alignment with far right figures and support from Republicans. And despite listing the environment as a campaign priority, he has pushed bitcoin — a cryptocurrency that requires massive amounts of electricity from supercomputers to generate new coins, prompting most environmental advocates to loudly oppose it.
Kennedy’s campaign is widely considered a long shot, but it’s gained media attention due to his famous name and the possibility that his run could weaken Biden ahead of what is expected to be a close general election in 2024.
The campaign didn’t return emails seeking comment about the contradictions in his candidacy.
Here are the key takeaways from the AP’s reporting:
KENNEDY’S ANTI-VACCINE RECORD
Kennedy told a congressional committee this month: “I have never been anti-vaxx. I have never told the public to avoid vaccination.” But Kennedy has a long record of anti-vaccine comments and rose to public prominence during the COVID-19 pandemic through the work of his anti-vaccine group, Children’s Health Defense.
Just this month, Kennedy said in a podcast interview that “There’s no vaccine that is safe and effective” and told FOX News that he still believes in the long-ago debunked idea that vaccines can cause autism. In a 2021 podcast, he recalled telling people on hiking trails not to get their children vaccinated.
That same year, Kennedy appeared in a video promoting an anti-vaccine sticker campaign by his nonprofit. A sticker shown beside him declared “IF YOU’RE NOT AN ANTI-VAXXER YOU AREN’T PAYING ATTENTION.”
The AP found that anti-vaccine activists are at the heart of Kennedy’s campaign. FEC records show several people paid to work on the campaign previously worked for Children’s Health Defense.
Kennedy has also received substantial support from the anti-vaccine community.
Children’s Health Defense currently has a lawsuit pending against a number of news organizations, among them The Associated Press, accusing them of violating antitrust laws by taking action to identify misinformation, including about COVID-19 and COVID-19 vaccines.
ASSOCIATION WITH FAR RIGHT HAS RAISED KENNEDY’S PROFILE
Kennedy is running as a Democrat, yet he has aligned himself with far right figures who have worked to subvert American democracy.
He has appeared on Infowars, the channel run by Sandy Hook conspiracy theorist Alex Jones. He has granted interviews to former President Donald Trump ally Steve Bannon and Tucker Carlson. After he headlined a stop on the ReAwaken America Tour, the Christian nationalist road show put together by former Trump national security adviser Michael Flynn, he was photographed backstage with Flynn and Trump ally Roger Stone.
Those appearances have led to goodwill on the right. Trump supporters have floated a Trump-Kennedy unity ticket.
Kennedy’s run is also getting financial support from the right. A super PAC supporting Kennedy’s presidential run, called Heal the Divide PAC, has deep ties to Republicans, Federal Election Commission records show.
Kennedy denied knowing the PAC when it came up at a recent congressional hearing, but video available online shows he was a guest speaker at a Heal the Divide event just two days earlier.
SUPPORT FOR BITCOIN RUNS COUNTER TO ENVIRONMENTAL STANCE
Kennedy lists the environment as one of six top priorities on his campaign website and has spent many years speaking against pollution and climate change as an environmental lawyer. Yet he has made supporting the energy-intensive cryptocurrency bitcoin a key part of his platform.
Bitcoin mining, the process of generating new coins, uses massive amounts of electricity — more than some entire countries, experts say.
Kennedy has acknowledged the environmental downsides, but says he wouldn’t let them hinder its use. He promotes the argument that demand for the cryptocurrency will boost investment in renewable energy projects.
Kennedy has invested between $100,001 and $250,000 in bitcoin, his financial disclosure documents show.
KENNEDY INVOKES HIS FAMOUS FAMILY, WHILE RELATIVES DENOUNCE HIM
Though Kennedy peppers his speeches, podcast appearances and campaign materials with invocations of the Democratic Party legacies of his uncle President John F. Kennedy and his father Robert F. Kennedy, his relatives have distanced themselves from him and even denounced him.
“He’s trading in on Camelot, celebrity, conspiracy theories and conflict for personal gain and fame,” Jack Schlossberg, President Kennedy’s grandson, said of his cousin in an Instagram video earlier this month. “I’ve listened to him. I know him. I have no idea why anyone thinks he should be president. What I do know is, his candidacy is an embarrassment.”
Kennedy’s recent comments that COVID-19 could have been “ethnically targeted” to spare Ashkenazi Jews and Chinese people — which he denies were antisemitic but concedes he should have worded more carefully — also drew a condemnation from his sister, Kerry Kennedy.
___ The Associated Press receives support from several private foundations to enhance its explanatory coverage of elections and democracy. See more about AP’s democracy initiative here. The AP is solely responsible for all content.
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https://www.wane.com/top-stories/ap-top-headlines/ap-takeaways-from-aps-reporting-on-inconsistencies-in-rfk-jr-s-record/
| 2023-07-31T21:47:38
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https://www.wane.com/top-stories/ap-top-headlines/ap-takeaways-from-aps-reporting-on-inconsistencies-in-rfk-jr-s-record/
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Many public housing residents are especially vulnerable to extreme heat, but there's no federal requirement for air conditioning. That leaves cash-strapped local agencies struggling to provide it.
Copyright 2023 NPR
Many public housing residents are especially vulnerable to extreme heat, but there's no federal requirement for air conditioning. That leaves cash-strapped local agencies struggling to provide it.
Copyright 2023 NPR
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https://www.kanw.com/2023-07-31/getting-ac-to-residents-of-public-housing-where-extreme-heat-can-be-dangerous
| 2023-07-31T21:47:41
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https://www.kanw.com/2023-07-31/getting-ac-to-residents-of-public-housing-where-extreme-heat-can-be-dangerous
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Delivered record-breaking second quarter performance in Total Revenues, Operating Profit and net new adds
Total Revenues up 25%; System Sales grew 32% in constant currency; Operating Profit increased 216%
Store openings accelerated, 655 net new adds in the first half, on track for full-year net new store target
SHANGHAI, July 31, 2023 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second quarter ended June 30, 2023.
Second Quarter Highlights
- Total revenues increased 25% year over year to $2.65 billion from $2.13 billion (a 32% increase excluding foreign currency translation ("F/X")).
- Total system sales increased 32% year over year, with increases of 32% at KFC and 30% at Pizza Hut, excluding F/X. Growth was mainly attributable to same-store sales, new unit contribution and lapping of temporary store closures in the prior year.
- Same-store sales increased 15% year over year, with increases of 15% at KFC and 13% at Pizza Hut, excluding F/X.
- Opened 422 net new stores during the quarter; total store count reached 13,602, as of June 30, 2023.
- Operating Profit increased 216% year over year to $257 million from $81 million (a 228% increase excluding F/X), primarily driven by sales leveraging and margin expansion.
- Adjusted Operating Profit increased 215% year over year to $259 million from $82 million (a 227% increase excluding F/X).
- Restaurant margin was 16.1%, compared with 12.1% in the prior year period.
- Effective tax rate was 24.7%.
- Net Income increased 138% to $197 million from $83 million in the prior year period, primarily due to the increase in Operating Profit.
- Adjusted Net Income increased 137% to $199 million from $84 million in the prior year period (a 207% increase excluding the net loss of $9 million in the second quarter of 2023 and net gain of $16 million in the second quarter of 2022, from the mark-to-market equity investment in Meituan; a 219% increase if further excluding F/X).
- Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period.
- Adjusted Diluted EPS increased 135% to $0.47 from $0.20 in the prior year period (a 206% increase excluding the net loss from the mark-to-market equity investments in the second quarter of 2023 and net gain in the second quarter of 2022; a 219% increase if further excluding F/X).
Key Financial Results
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "We achieved outstanding results, delivering substantial growth in the top-line and bottom-line, in the second quarter, thanks to our teams' dedication and creativity. This once again demonstrates our anti-fragile business model and ability to capture opportunities in good times and stay resilient in bad times. Our innovative products and compelling value captured customer demand and drove double-digit same-store sales growth. KFC's "K-zza" and Pizza Hut's new menu items were hugely popular. Our exciting campaign with Genshin Impact and fun toy offerings with Sanrio and Pokemon spurred strong demand and brought consumers moments of joy. We registered record daily transactions of 8.5 million on Children's Day. Our amazing operations team, robust end-to-end digital capabilities and agile supply chain enabled us to flexibly handle surges in customer traffic through holiday periods and special marketing campaigns, while maintaining consistent quality and customer service. As a result of these collective efforts, our operating profit for the first half of this year already exceeded the entire year of 2022."
Wat continued, "We accelerated the pace of new store openings in the second quarter and celebrated two milestones. Pizza Hut surpassed 3,000 stores in China and KFC exceeded 500 stores in Shanghai alone. With 655 net new stores in the first half of 2023, we are on track to meet our expansion goals for the year. Importantly, new store payback periods remain healthy. Furthermore, we see abundant white space in China. With a presence in 1,900 cities, we are still tracking over 800 cities without a KFC. Similarly, Pizza Hut has a great potential for expanding its footprint. With our flexible store formats, we continue to expand addressable markets across city tiers. By actively pursuing our RGM (Resilience-Growth-Moat) strategy and leveraging our industry-leading strengths, we are confident in our ability to capture long-term growth opportunities."
Andy Yeung, CFO of Yum China, added, "We delivered record second-quarter revenues and profits, despite challenging macro conditions and an uptick of COVID infections during the quarter. When customer demand softened in May, we adjusted nimbly to address consumer needs, captured holiday spending and successfully regained sales momentum. Sales growth and proactive cost structure rebasing helped us improve operating leverage, expanding restaurant margins and delivering record operating profit in the quarter. Even though same-store sales remained below 2019 levels, our revenue in the second quarter has increased by 25% and operating profits have risen by 26% compared to pre-pandemic levels in 2019."
"As we move into the third quarter, driving sales remains our top priority. We have lined up exciting marketing campaigns and resources to seize sales opportunities in the peak summer season. Our efforts on efficiency improvement and cost structure rebasing should continue to benefit profitability in the long run. But, it is worth noting that last year's record third-quarter restaurant margins set a relatively high benchmark, due to austerity measures and temporary reliefs. We will continue to stay agile through evolving market conditions, expand our store network and fortify our competitive moat to drive sustainable long-term growth," Yeung concluded.
Share Repurchases and Dividends
- During the second quarter, the Company repurchased approximately 1 million shares of Yum China common stock for $62 million at an average price of $60.23 per share. As of June 30, 2023, approximately $1 billion remained available for future share repurchases under the current authorization.
- The Board declared a cash dividend of $0.13 per share on Yum China's common stock, payable on September 18, 2023 to shareholders of record as of the close of business on August 28, 2023.
Digital and Delivery
- The KFC and Pizza Hut loyalty programs exceeded 445 million members combined, as of quarter-end. Member sales accounted for approximately 66% of system sales in the second quarter of 2023.
- Delivery contributed approximately 35% of KFC and Pizza Hut's Company sales in the second quarter of 2023, a decrease of 3% compared with the prior year period.
- Digital orders, including delivery, mobile orders and kiosk orders, accounted for approximately 90% of KFC and Pizza Hut's Company sales in the second quarter of 2023.
New-Unit Development and Asset Upgrade
- The Company opened 422 net new stores in the second quarter of 2023, mainly driven by development of the KFC and Pizza Hut brands.
- The Company remodeled 171 stores in the second quarter of 2023.
Restaurant Margin
- Restaurant margin was 16.1% in the second quarter of 2023 compared with 12.1% in the prior year period, driven primarily by sales leveraging and ongoing benefits of cost structure rebasing efforts; partially offset by lapping austerity measures in the prior year, higher promotion costs, and wage inflation.
2023 Outlook
The Company's fiscal year 2023 targets remain unchanged:
- To open approximately 1,100 to 1,300 net new stores.
- To make capital expenditures in the range of approximately $700 million to $900 million.
Company Updates
- On July 17, 2023, the Company announced the appointment of Mr. David Hoffmann to the Board of the Directors. With this appointment, the Board is now comprised of 10 directors, nine of whom are independent.
Note on Non-GAAP Measures
Reported GAAP results include Special Items, which are excluded from non-GAAP adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures" within this release. In addition, for the non-GAAP measures of Restaurant profit and Restaurant margin, see "Reconciliation of GAAP Operating Profit to Restaurant Profit" under "Segment Results" within this release.
Conference Call
Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Monday, July 31, 2023 (8:00 a.m. Beijing/Hong Kong Time on Tuesday, August 1, 2023).
A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/4rchbbk4/.
To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique access PIN.
Pre-registration Link: https://s1.c-conf.com/diamondpass/10031360-wcv829.html
A replay of the conference call will be available one hour after the call ends until Tuesday, August 8, 2023 and may be accessed by phone at the following numbers:
Additionally, this earnings release, the accompanying slides, as well as the live and archived webcast of this conference call will be available at Yum China's Investor Relations website at http://ir.yumchina.com.
For important news and information regarding Yum China, including our filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange, visit Yum China's Investor Relations website at http://ir.yumchina.com. Yum China uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including under "2023 Outlook." We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook," "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investment, dividend and share repurchase plans, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, the expected impact of the COVID-19 pandemic, pace of recovery of Yum China's business, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China's business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, including the COVID-19 pandemic, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company has over 400,000 employees and operates over 13,000 restaurants under six brands across 1,900 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. Taco Bell offers innovative Mexican-inspired food. Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world's most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.
In this press release:
- The Company provides certain percentage changes excluding the impact of foreign currency translation ("F/X"). These amounts are derived by translating current year results at prior year average exchange rates. We believe the elimination of the F/X impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.
- System sales growth reflects the results of all restaurants regardless of ownership, including Company-owned, franchise and unconsolidated affiliate restaurants that operate our restaurant concepts, except for non-Company-owned restaurants for which we do not receive a sales-based royalty. Sales of franchise and unconsolidated affiliate restaurants typically generate ongoing franchise fees for the Company at an average rate of approximately 6% of system sales. Franchise and unconsolidated affiliate restaurant sales are not included in Company sales in the Condensed Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues. We believe system sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all of our revenue drivers, Company and franchise same-store sales as well as net unit growth.
- Effective January 1, 2018, the Company revised its definition of same-store sales growth to represent the estimated percentage change in sales of food of all restaurants in the Company system that have been open prior to the first day of our prior fiscal year, excluding the period during which stores are temporarily closed. We refer to these as our "base" stores. Previously, same-store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, including stores temporarily closed, and the base stores changed on a rolling basis from month to month. This revision was made to align with how management measures performance internally and focuses on trends of a more stable base of stores.
- Company sales represent revenues from Company-owned restaurants. Company Restaurant profit ("Restaurant profit") is defined as Company sales less expenses incurred directly by our Company-owned restaurants in generating Company sales, including cost of food and paper, restaurant-level payroll and employee benefits, rent, depreciation and amortization of restaurant-level assets, advertising expenses, and other operating expenses. Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
- Certain comparative items in the Condensed Consolidated Financial Statements have been reclassified to conform to the current period's presentation to facilitate comparison.
Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures
(in millions, except per share data)
(unaudited)
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") in this press release, the Company provides non-GAAP measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Net Income, Adjusted Earnings Per Common Share ("EPS"), Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, certain non-cash expenses, consisting of depreciation and amortization as well as store impairment charges, and Special Items. We also use Restaurant profit and Restaurant margin (as defined above) for the purposes of internally evaluating the performance of our Company-owned restaurants and we believe Restaurant profit and Restaurant margin provide useful information to investors as to the profitability of our Company-owned restaurants.
The following table set forth the reconciliation of the most directly comparable GAAP financial measures to the non-GAAP adjusted financial measures. The reconciliation of GAAP Operating Profit to Restaurant Profit is presented in Segment Results within this release.
Net income, along with the reconciliation to Adjusted EBITDA, is presented below:
Details of Special Items are presented below:
(1) In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company's execution of its strategic operating plan. These PSU awards will only vest if threshold performance goals are achieved over a four-year performance period, with the payout ranging from 0% to 200% of the target number of shares subject to the PSU awards. Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention. Given the unique nature of these grants, the Compensation Committee does not intend to grant similar, special grants to the same employees during the performance period. The impact from these special awards is excluded from metrics that management uses to assess the Company's performance.
(2) The tax expense was determined based upon the nature, as well as the jurisdiction, of each Special Item at the applicable tax rate.
The Company excludes impact from Special Items for the purpose of evaluating performance internally. Special Items are not included in any of our segment results. In addition, the Company provides Adjusted EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, depreciation and amortization, store impairment charges, and Special Items. Store impairment charges included as an adjustment item in Adjusted EBITDA primarily resulted from our semi-annual impairment evaluation of long-lived assets of individual restaurants, and additional impairment evaluation whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If these restaurant-level assets were not impaired, depreciation of the assets would have been recorded and included in EBITDA. Therefore, store impairment charges were a non-cash item similar to depreciation and amortization of our long-lived assets of restaurants. The Company believes that investors and analyst may find it useful in measuring operating performance without regard to such non-cash item.
These adjusted measures are not intended to replace the presentation of our financial results in accordance with GAAP. Rather, the Company believes that the presentation of these adjusted measures provides additional information to investors to facilitate the comparison of past and present results, excluding those items that the Company does not believe are indicative of our ongoing operations due to their nature.
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SOURCE Yum China Holdings, Inc.
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Indiana lawmakers passed a near-total abortion ban on Aug. 5, 2022, which Gov. Eric Holcomb signed into law quickly after. Two lawsuits temporarily halted the ban shortly after it took effect, until the Indiana Supreme Court ruled the ban did not violate the state’s constitution.
We asked members of the Indiana Two-Way for their questions about the ban. To join the Indiana Two-Way text “Indiana” to 73224.
What does the law do?
The law bans abortion in Indiana, with a few, narrow exceptions.
Abortions would only be allowed if the pregnant person’s serious health or life is at risk; if there’s a lethal fetal anomaly up to 20 weeks post-fertilization; and in cases of rape or incest, but only up to 10 weeks.
It also limits abortion to only hospitals and surgical centers owned by hospitals – and specifically bans abortion clinics.
What happened to the lawsuits challenging the ban?
The Indiana Supreme Court ruled June 30 that the state’s near-total abortion ban does not violate the Indiana Constitution.
The lawsuit brought by Indiana abortion care providers specifically challenged a provision of the law that banned abortion clinics outright, limiting the procedures to hospitals and ambulatory surgical centers owned by hospitals. However, that issue was not part of the appeal heard by the Indiana Supreme Court, and it sent the case back to the trial court to flesh out that challenge.
And that particular lawsuit did not give the Indiana Supreme Court the opportunity to more clearly define the circumstances when a pregnancy endangers someone's life or health – which could be the subject of future lawsuits.
There is also another lawsuit challenging the abortion ban. That suit argues that the ban violates the state's Religious Freedom Restoration Act by infringing on the rights of those whose religions accept and even encourage abortions in certain circumstances.
A Marion County judge temporarily halted the law from taking effect in that case, but only as it applies to the small handful of people who brought the suit. The judge later expanded the lawsuit to cover anyone whose religious beliefs clash with the abortion ban, but it's unclear how that now applies to enforcement of the ban.
Will there be more lawsuits challenging the ban?
Indiana’s near-total abortion ban is set to take effect Tuesday after the state Supreme Court OK'd its constitutionality in a recent ruling.
A law professor says that same ruling opened the door for more lawsuits around the ban.
The Supreme Court’s decision said the abortion ban doesn’t violate the state constitution’s guarantee of liberty. But Indiana University law professor Jody Madeira said the ruling almost explicitly invites other challenges to the ban.
“The court just felt that this challenge was too broad," Madeira said. "So, the court might be quite willing to entertain other litigation.”
Madeira said one of the few exceptions to the ban that the court said was constitutionally guaranteed was in cases where the life or serious health of the pregnant person is at risk.
Why weren’t abortion restrictions decided by a ballot question in Indiana?
A lot of Hoosiers wanted to know why there’s not a public question about abortion on the ballot this November – especially after a high-profile Kansas referendum in early August 2022.
Ballot questions (other than school funding referendums) are fairly rare in Indiana. There is no legal avenue for what’s known as a “citizen-led” initiative – for instance, gathering enough signatures to put a question on the ballot.
Still, there’s nothing in state law stopping legislators from creating one on abortion. But House and Senate Republicans rejected efforts from Democrats to do so.
Senate President Pro Tem Rodric Bray (R-Martinsville) said that crafting such a question is difficult.
“Could you say – should abortion be legal? Should it be legal for the first trimester?” Bray said. “Should abortion be illegal with exception of the life of the mother, or the life and health of the mother, or the life and health of the mother and rape and incest? And if you say rape and incest or life of the mother, how do you define life of the mother?”
Ohio voters will decide on two constitutional amendments in the next few months. One in August, which would raise the threshold for constitutional amendments to pass. And the second in November, which would codify a right to abortion care in the Ohio constitution.
Will the ban affect access to contraceptives and emergency contraceptives?
During testimony on the measure, Sen. Sue Glick (R-LaGrange) emphasized contraceptives and emergency contraceptives like Plan B would not be banned by this bill.
However, the legislation signed into law leaves much of this promise up in the air, said Jennifer Drobac, an Indiana University law professor.
She said that language in the law could “conceivably” outlaw certain forms of birth control, including IUDs, that can interfere with the implantation process.
“The problem with all of this is, how is a normal human being, person who's pregnant, supposed to know whether or not they're taking a medication or using a contraception that is actually prohibited – because they honestly think that what they're doing is OK, and, under the law, is not prohibited,” she said.
She added this vague language leaves room for interpretation. Drobac said the law does not go far enough in detailing what is acceptable, leaving contraceptive users potentially vulnerable to accidentally doing something illegal.
“So that's the problem with the Indiana law, is it's dealing in an area of science that is sophisticated, with law that is not sophisticated,” Drobac said.
What might the FDA’s expansion of abortion pill access mean for Hoosiers?
The Food and Drug Administration expanded access of abortion pills to more pharmacies, including large chains, mail-order companies and online pharmacies. But how this would affect Indiana’s ban is complicated and unclear.
Jennifer Drobac is a law professor at Indiana University. Drobac said this ruling could make it easier for pregnant people to get an abortion – as they would not have to do an in-person visit to get this prescription. However, Indiana’s abortion law requires abortion patients to be in the presence of a doctor.
READ MORE: Supreme Court blocks lower court decision in case on FDA approval of abortion pill
She said if Indiana’s abortion law is put back into effect, this FDA ruling could make abortions more accessible for pregnant Hoosiers.
“If a woman wants to avoid the law, it's easier for her to do so because she can get an electronic prescription,” Drobac said. “And she can get the medication through the mail. That doesn't make it legal, but it makes it easier.”
Drobac said Indiana’s current abortion law only permits the prosecution of the doctors providing abortions, not for the pregnant people receiving them.
How will Indiana’s abortion law affect medications that treat other conditions like lupus?
Jody Madeira is a law professor at Indiana University Bloomington. She said this new law may affect access to these medications.
“Pharmacists have to honor all prescriptions, but they are immune from criminal prosecution or civil liability if they refuse to honor prescriptions because in their professional judgment, it would be contrary to the law or a patient's health and safety are against the patient's best interests,” she said.
She said in some states, women have been refused medication treating conditions like arthritis.
In Indiana, pharmacists are typically expected to prescribe as the doctor ordered. But a 2019 law expanded protections for medical professionals who object to abortion on “ethical, moral, or religious grounds” to refuse to participate in abortions, to include pharmacists who refuse to dispense abortion-inducing drugs.
“There's nowhere in the abortion bill where it addresses pharmacists, refusals. Nor does it necessarily give pharmacists leave explicitly in the bill to sign off on prescriptions for abortion medication,” she said.
How are hospitals preparing for the law taking effect?
Dr. David Ingram is IU’s Health chief medical officer. He said IU Health, Indiana’s largest health care system, has spent the past few months deciding how to best provide support for health care providers.
“All of our sites are prepared for that and we’re determining what’s the best access point, based on a number of factors for our patients seeking care,” Ingram said.
Ingram said the cost of abortion in Indiana will increase due to the ban.
Maternal-fetal medicine specialist Dr. Caroline Rouse said IU Health has also created a 24-7 rapid response team that’s prepared to answer provider questions about what they are allowed to do under the ban.
“So, in the event that a health care provider has an urgent legal question related to provision of abortion services, the rapid response team can be called for an opinion and advice,” Rouse said.
The hospital will continue to provide legal abortion care through this response team, and by monitoring the impact of the abortion ban on infant and maternal mortality rates in the country.
Where do the majority of Hoosiers stand on abortion?
Laura Wilson is a University of Indianapolis associate professor of political science. She said getting an answer on abortion from polling is difficult as there’s often a disconnect between opinion and action when it comes to polling.
“Many people will say generally speaking, they support something," Wilson said. "Will they vote on the basis of that? Will they write their legislator on the basis of that? Will they go to protest on the basis of that?”
On abortion polling specifically, Wilson said it’s a particularly tricky issue to gauge public opinion on.
“Because there’s a lot of parameters and a lot of exceptions, explanations, context that you can add to it," Wilson said. "It’s not as simple as we often make it feel, where you’re either in support of it or against it.”
What little Indiana public polling about abortion there is available suggests a large majority of Hoosiers support at least some legal access to abortion – but exactly how much access is harder to gauge.
READ MORE: More abortion lawsuits likely as Indiana's near-total ban takes effect
Join the conversation and sign up for the Indiana Two-Way. Text "Indiana" to 73224. Your comments and questions in response to our weekly text help us find the answers you need on statewide issues.
Will the ban lead to more people and businesses leaving Indiana?
The morning after Governor Holcomb signed a near-total abortion ban into law, one of the state’s largest employers said the new restrictions will hinder its ability to attract talent.
“Given this new law, we will be forced to plan for more employment growth outside our home state,” pharmaceutical company Eli Lilly, which is headquartered in Indianapolis, said in a statement.
The statement was the first comment Eli Lilly, which employs more than 10,400 people in Indianapolis, has made on the legislation.
Cummins spoke out the same day Eli Lilly issued its statement to oppose the ban. Both companies said the ban will make it hard to attract talent, and they will consider growth in other states.
“For Cummins to be successful it is critical that we have a safe and welcoming workplace, and communities where we embrace our differences and enable all employees to thrive,” the Cummins statement said. “As we continue to grow our footprint with a focus on selecting communities that align with our values and business goals, this law will be considered in our decision-making process.”
Unlike many smaller companies in Indiana, both Cummins and Eli Lilly were publicly silent until after the decision was passed.
ButHolcomb largely dismissed any impact Indiana’s near-total abortion ban will have on attracting and retaining businesses and talent to the state.
The governor insisted the state is well-positioned to continue adding jobs and investments.
“It’s because of access to talent,” Holcomb said. “And we have that access to talent – we had it yesterday, we have it today and we’ll have it tomorrow.”
During the special session last year, lawmakers also passed a measure to put more money toward adoption and family supports. Is that still there?
The package included more than $70 million to help address services and programs for pregnant Hoosiers, families and children. That includes increasing the state adoption tax credit to $2,500 per child (up from $1,000) and ensuring Hoosiers no longer have to pay sales tax on children's diapers.
During last year’s special session, critics of the legislation said the one-time allocation wasn’t enough to address Indiana’s poor maternal mortality and access to care.
One study through the Indiana University Richard Fairbanks School of Public Health titled “Ask the Women” included people in zip codes with high infant mortality rates in an effort to understand where they experienced gaps in care.
Erin Macy is a senior researcher for the Grassroots and Maternal Child Health Initiative, which oversaw the study. She said a vast majority of the participants in the study worked over the course of their pregnancy. Roughly half of the participants experienced “significant interruptions” in their ability to do work.
“Many of our participants were pushed out of work,” she said. “Either because they couldn’t receive really basic accommodations and have bathroom breaks or go to prenatal visits.”
Sen. Ryan Mishler (R-Bremen) called the bill “bridge funding” meant to help the state get through the next several months until lawmakers write a new state budget in 2023. The majority of that money went to the Hoosier Families First Fund.
The two-year budget passed by lawmakers does not appear to have any funding for the Hoosier Families First Fund – however, there is a line item in the state budget under the Indiana Department of Health for Maternal and Child Health Initiatives. In the previous two-year budget, it was allotted about $500,000 over two years. In the new budget, it’s getting nearly $16.5 million.
Most of the line items that received funding in the special session measure got boosts in the new two-year budget, including the Safety PIN Grant Fund and the Nurse Family Partnership Program. A widely criticized anti-abortion organization from Pennsylvania – Real Alternatives – also saw a significant increase in state funding. In the previous two-year budget, it received $500,000 over two years. In the new budget, it is getting $7 million.
The family supports law includes credits, exemptions for adoption. Will it affect the process?
Meg Sterchi is the executive director of Adoptions of Indiana, a nonprofit offering various education and support services for birth parents and adoptive families.
“I think that it's good that Indiana is increasing services, well, money, to provide more services to women who are pregnant. But I think we're just scratching the top of what is needed if we really want to help women who are pregnant,” she said.
One of the bill’s major changes was raising the adoption tax credit from $1,000 to $2,500.
Sterchi said this price change will “not make a big difference.” She said she feels the scope of this legislation should’ve gone further to support pregnant people.
Shannon Schumacher is the president and CEO of the Villages of Indiana, the state’s largest not-for-profit child and family services agency.
While she is hopeful that adoption tax credits could encourage others to adopt, she said other issues can arise post-adoption, including limited attention on the well-being of birth mothers.
“Oftentimes, with the birth mother, there's lots of attention on her during her pregnancy,” she said. “But once the child is adopted, we know that oftentimes the support for the birth mother wanes at that point. So to make sure that there's continued support for those birth mothers after the baby is adopted [is important].”
How will the ban affect doctors hoping to train or work in Indiana?
Indiana, like many Republican-led states, has a shortage of providers. A 2018 report from the March of Dimes found 27 percent of Indiana counties are considered maternal care deserts, with no or limited access to maternity care. The state has one of the highest maternal mortality rates in the country.
Dr. Wendy Tian, a third year resident, said lately she is scared and worried about her safety. Tian grew up and went to school in Chicago and chose to come to Indiana for residency because the program has a strong family planning focus. She was also open to practicing in Indiana once she completes her training.
“I always thought I wanted to do family planning. I'm now thinking about doing something else,” she said. “I know I still want to incorporate it. But I, for sure, don't know if I would be able to stay in Indiana postgraduation with what's going on.”
Still, she feels “guilty for giving up” on some of the most vulnerable patients in Indiana.
Even before the Supreme Court overturned Roe v. Wade, Tian said the medical climate in Indiana could be hostile and frustrating. Indiana, like other states with abortion restrictions, allows nearly all health care providers to opt-out of providing care for abortion patients.
Indiana Public Broadcasting's Brandon Smith contributed to this story.
Lauren is our digital editor. Contact her at lchapman@wfyi.org or follow her on Twitter at @laurenechapman_. Violet is our daily news reporter. Contact her at vcomberwilen@wfyi.org or follow her on Twitter at @ComberWilen.
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A big-rig crashed, caught fire and spilled 40,000 pounds of chocolate on Interstate 80 in Placer County, according to Cal Fire.
The crash, first reported by KCRA, occurred just before 4:30 a.m. on westbound I-80 in Colfax, Cal Fire said.
According to reports, the trailer caught fire and became separated from the tractor before crashing.
No injuries were reported, and the fire was contained to the truck's trailer.
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NIAMEY, Niger (AP) — The world is levying economic sanctions over a coup against one of the West’s last democratic partners against Islamic extremists in West Africa. Families in one of the world’s poorest nations could pay the price.
In the capital of Niger, many people live in makeshift shelters tied together with slats of wood, sheets and plastic tarps because they can’t pay rent, and they scramble daily to make enough money to feed their children.
Salou Hassan and his family live in a two-room hut on the side of the road, along with some 140 people. The family sleeps on wooden slats close to the floor, with no electricity or running water, and they bathe in public showers.
“The most difficult part is finding food for my children,“ said Hassan, 30, whose sons are 5 and 6 years old.
Hassan sells water door to door, earning about $6 a day when things go well. His wheelbarrow’s been broken and he doesn’t have nearly $70 he needs to fix it. His wife sweeps stalls at the central market making less than half what Hassan does.
Hassan has hardly been aware that the country’s president was overthrown.
“I’m looking for money for food for my family,” he said.
Meanwhile, Niger’s neighbors are threatening armed intervention against the junta run by the head of the presidential guard, although analysts say there is only a slim chance of the regional body successfully sending troops.
Both the United States and France have sent forces and hundreds of millions of military and humanitarian aid in recent years to Niger, which was a French colony until 1960. The French and the US train Nigerien forces, and the French military carries out joint operations in the north.
Since the coup that ousted President Mohamed Bazoum, people have been toting Russian flags and praising that country in pro-junta demonstrations.
U.S. Secretary of State Antony Blinken visited Niger in March to strengthen ties and announce $150 million in direct assistance, calling the country “a model of democracy.” France pulled out of Mali last year and has some 1,500 troops in Niger.
The West African regional body known as ECOWAS announced travel and economic sanctions against Niger on Sunday over the coup, and said they would use force if the coup leaders don’t reinstate him within one week.
Since the 1990s, the 15-nation bloc has unsuccessfully tried to protect democracies against the threat of coups, with mixed success.
Niger relies heavily on foreign aid and sanctions could further impoverish its more than 25 million people. ECOWAS suspended all commercial and financial transactions between its member states and Niger, as well as freezing Nigerien assets held in regional central banks.
The sanctions could be disastrous and Niger needs to find a solution to avoid them, the country’s Prime Minister Ouhoumoudou Mahamadou told French media outlet Radio France Internationale on Sunday.
“When people say there’s an embargo, land borders are closed, air borders are closed, it’s extremely difficult for people … Niger is a country that relies heavily on the international community,” he said.
Four nations are run by military governments in West and Central Africa, where there have been nine successful or attempted coups since 2020.
In the 1990s, ECOWAS intervened in Liberia during its civil war, one of the bloodiest conflicts in Africa and one that left many wary of intervening in internal conflicts. In 2017, ECOWAS intervened in The Gambia to prevent the new president’s predecessor, Yahya Jammeh, from disrupting the handover of power. Around 7,000 troops from Ghana, Nigeria, and Senegal entered the country, according to the Global Observatory, which provides analysis on peace and security issues. The intervention was largely seen as accomplishing its mission.
If the regional bloc uses force, it could trigger violence not only between Niger and ECOWAS forces but also between civilians supporting the coup and those against it, Niger analysts say.
While unlikely, “the consequences on civilians of such an approach if putschists chose confrontation would be catastrophic,” said Rida Lyammouri, senior fellow at the Policy Center for the New South, a Morocco-based think tank.
Lyammouri does not see a “military intervention happening because of the violence that could trigger,” he said.
Blinken on Sunday commended the resolve of the ECOWAS leadership to “defend constitutional order in Niger” after the sanctions announcement, and joined the bloc in calling for the immediate release of Bazoum and his family.
The military junta, which seized power on Wednesday when members of the presidential guard surrounded Bazoum’s house and detained him, is already cracking down on the government and civil liberties.
On Sunday evening it arrested four government officials, including the minister of petroleum and son of a former president; the minister of education; the minister of mines; and the president of the ruling party. The arrests were recounted to The Associated Press by a person close to the president, who was not authorized to speak about the situation, and a Nigerien analyst who did not want to be named for fear of reprisal.
Also Sunday, junta spokesman Col. Maj. Amadou Abdramane banned the use of social media to put out messages he describe as harmful to state security. He also claimed that Bazoum’s government had authorized the French to carry out strikes to free Bazoum, allegations that were not confirmed.
Observers believe Bazoum is being held at his house in the capital, Niamey. The first photos of him since the coup appeared Sunday evening, sitting on a couch smiling beside Chad’s President Mahamat Deby, who had flown in to mediate between the government and the junta.
In anticipation of the ECOWAS decision Sunday, thousands of pro-junta supporters took to the streets in Niamey, denouncing France, waving Russian flags ong with signs reading “Down with France” and supporting Russian President Vladimir Putin and telling the international community to stay away. Protesters also burned down a door and smashed windows of the French Embassy, before the Nigerien army dispersed them.
France said Monday that President Emmanuel Macron is closely monitoring the situation in Niger and has discussed the crisis with regional leaders and European and international partners.
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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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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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A body was found Monday morning in a barrel that washed up on a beach in Malibu, according to the Los Angeles County Sheriff's Department.
The 55-gallon drum was found around 10:30 a.m. at Malibu Lagoon State Beach by a person who reported the discovery to the sheriff's department. The person opened the drum and found a body inside, the sheriff's department said.
Details about a cause of death were not immediately available.
Anyone with information on the case was asked to call the Sheriff's Homicide Bureau at 323-890-5500. Tipsters may also call Crime Stoppers at 800-222-TIPS, or use the website.
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https://www.nbcphiladelphia.com/news/national-international/body-found-inside-drum-that-washed-up-on-malibu-beach/3615159/
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Members of an female Afghan military platoon now face uncertain fate in the U.S. By Kai McNamee, Patrick Jarenwattananon, Sacha Pfeiffer Published July 31, 2023 at 2:47 PM MDT Twitter LinkedIn Email Listen • 6:03 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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Impeached Texas AG Ken Paxton seeks to have most charges dismissed before September trial
AUSTIN, Texas (AP) — Lawyers for impeached Republican Texas Attorney General Ken Paxton on Monday sought to have most of the charges against him dismissed, arguing that they rely on alleged acts of corruption before he was reelected to a third term in 2022.
In motions filed with the Senate, where Paxton’s impeachment trial is scheduled to begin Sept. 5, his attorneys said they believe state law bars the removal of an official for conduct that occurred before their most recent election. Paxton was first elected attorney general in 2014 and the impeachment charges include alleged conduct since then.
“The Articles allege nothing that Texas voters have not heard from the Attorney General’s political opponents for years,” Paxton’s attorneys wrote. They accused the GOP-dominated Texas House of Representatives of seeking to oust Paxton because they were unable to unseat him by popular vote.
“Texas voters rendered their judgement by re-electing Attorney General Paxton to serve a third consecutive term. As a matter of both common sense and Texas law, that should be the end of the matter,” his attorneys wrote.
Only one of the 20 impeachment charges — an allegation that Paxton settled a whistleblower lawsuit in an effort to hide from the public corruption allegations against him — would not have to be dismissed under the so-called “prior term doctrine,” Paxton’s attorney said. Paxton asked state lawmakers this year to have the state pay the proposed $3.3 million settlement.
In a second filing, Paxton’s attorneys said the trial should exclude any evidence of alleged conduct that occurred prior to January 2023, when his third term in office began.
The motions from Paxton’s attorneys are similar to moves in a criminal or civil legal cases when defense attorneys seek to have charges or lawsuits dismissed before trial.
In this case, the presiding officer over Paxton’s impeachment trial will be Lt. Gov. Dan Patrick, a powerful Republican who also serves as the president of the state Senate. The Republican-controlled Senate will consider the evidence and decide whether to convict or acquit Paxton in the first impeachment trial of a statewide official since 1917.
Patrick has already issued a sweeping gag order over the parties and attorneys involved ahead of the Senate trial. Attorneys for House of Representatives managers prosecuting Paxton did not immediately respond to the motions filed Monday.
Paxton has been suspended from office since the House first approved the articles of impeachment on May 27. He could be permanently removed if convicted by the Senate.
Copyright 2023 The Associated Press. All rights reserved.
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Memphis police shoot suspect after he fired shots outside Jewish school, authorities say
MEMPHIS, Tenn. (AP) — Memphis police on Monday said officers shot a suspect after he attempted to enter a Jewish school with a gun and fired shots after he couldn’t get into the building.
Assistant Police Chief Don Crowe said the suspect, whose identity has not been released, approached Margolin Hebrew Academy-Feinstone Yeshiva of the South around 12:20 p.m. He fired several shots and then left in a maroon truck.
“Thankfully, that school had a great safety procedure and process in place and avoided anyone being harmed or injured at that scene,” Crowe said.
Officers soon located the suspect’s vehicle “shortly after that,” Crowe said, adding that officers then shot the suspect after he exited the truck with a firearm in hand. The suspect was sent to a local hospital where he is in critical condition.
It was not immediately clear if school was in session.
When asked if law enforcement believe the shooting was a hate crime, Crowe said officers were still on the scene and collecting information.
“It’s way too early for that. Again, we’re very early in this investigation,” said Assistant Police Chief Don Crowe.
The Tennessee Bureau of Investigation is now handling the case.
U.S. Rep. Seve Cohen, whose district includes Memphis, said in a statement that he was “shocked” to hear about the incident at the school and noted that acts of “violent antisemitism” are on the rise across the country.”
Monday’s shooting comes nearly four months after a shooter opened fire at a private Christian school in Nashville and killed six people, including three nine-year-old children. That tragedy has sparked closer scrutiny of Tennessee’s relaxed gun laws and renewed calls to strengthen security at both public and private schools across the state.
___
Kimberlee Kruesi contributed to this report from Nashville, Tennessee.
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.
___
Associated Press writer Eugene Johnson in Seattle contributed.
Copyright 2023 The Associated Press. All rights reserved.
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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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A bear threw its own summer pool party in the backyard of a Burbank home during last week's heat wave.
Police responded on an extremely warm Friday afternoon to a bear sighting 1300 block of Paseo Redondo in the neighborhood above the San Fernando Valley. Officers found the bear relaxing in the corner of a Jacuzzi, one arm resting casually at times on the edge, in the backyard of the hillside home.
After a dip, the bear climbed over a wall and up a tree.
"Burbank PD is monitoring the situation with the assistance of the Burbank Animal Shelter, and California Department of Fish and Wildlife," police tweeted with a video of the bear.
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The neighborhood is southeast of the Country Club Drive area, where residents have reported frequent bear sightings. The residential area bumps up against Angeles National Forest, one of many in the urbanized natural landscape of Southern California, and is flanked by the 210 and 5 freeways.
Black bears, which can have different color coats, like to feed on plants, insects, nuts, berries and whatever else they think of as edible -- such as the contents of trash bins. If food is scarce in their natural habitat, bears are likely to forage elsewhere, bringing them into Southern California foothill neighborhoods.
U.S. & World
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California's black bear population has been on the rise over the last two decades, growing from an estimated 10,000 to 15,000 in the early 1980s to between 25,000 and 30,000 -- and that's a conservative estimate, according to the state department of fish and wildlife.
Black bears, recognized by their small, narrow heads and small ears, have coats that range in color from tan or brown to black. Females grow up to about 200 pounds and males can be a hefty 350 pounds with some giants weighing in at more than 600 pounds
About half of the state's bear population can be found in the Sierra Nevada Mountains and areas to the north and west. Only an estimated 10 percent of the black bear population inhabits central western and southwestern California.
Although its on the state flag, the fearsome grizzly bear no longer can be found in the California wild. The last grizzly bear observed in California was shot in the early 1920s.
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U.S., France and African leaders give coup leaders in Niger one week to step down By Emmanuel Akinwotu Published July 31, 2023 at 2:47 PM MDT Twitter LinkedIn Email Listen • 5:57 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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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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Memphis police on Monday said officers shot a suspect after he attempted to enter a Jewish school with a gun and fired shots after he couldn't get into the building.
Assistant Police Chief Don Crowe said the suspect, whose identity has not been released, approached Margolin Hebrew Academy-Feinstone Yeshiva of the South around 12:20 p.m. He fired several shots and then left in a maroon truck.
“Thankfully, that school had a great safety procedure and process in place and avoided anyone being harmed or injured at that scene,” Crowe said.
Officers soon located the suspect's vehicle “shortly after that,” Crowe said, adding that officers then shot the suspect after he exited the truck with a firearm in hand. The suspect was sent to a local hospital where he is in critical condition.
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It was not immediately clear if school was in session.
When asked if law enforcement believe the shooting was a hate crime, Crowe said officers were still on the scene and collecting information.
“It's way too early for that. Again, we're very early in this investigation,” said Assistant Police Chief Don Crowe.
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Stories that affect your life across the U.S. and around the world.
The Tennessee Bureau of Investigations is now handling the case.
U.S. Rep. Seve Cohen, whose district includes Memphis, said in a statement that he was “shocked” to hear about the incident at the school and noted that acts of “violent antisemitism” are on the rise across the country.”
Monday's shooting comes nearly four months after a shooter opened fire at a private Christian school in Nashville and killed six people, including three nine-year-old children. That tragedy has sparked closer scrutiny of Tennessee's relaxed gun laws and renewed calls to strengthen security at both public and private schools across the state.
___
Kimberlee Kruesi contributed to this report from Nashville, Tennessee.
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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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Why is Twitter X? How Elon Musk's latest dopey decision landed on your phone
If you updated the apps on your phone over the weekend, perhaps you noticed that there is an “X” where Twitter used to be.
How delightful.
It was a little unsettling, if not entirely unexpected; “unexpected” being a polite, useful word when it comes to Twitter these days. Although “chaotic” and “disastrous” might be more accurate. How else would you describe a social platform that’s lost half its advertising revenue since Elon Musk took over in October? (The source for that data: Elon Musk.)
It all leads to an understandable question: Why is Twitter X?
The short answer is easy: Because an overgrown super-rich man-child with no impulse control decided to further trash his latest toy. Why? Because he can. Nyah-nyah-nyah.
Of course, there is more to it than that.
From ASU to the WGA strike:How writer and director Joe Russo's career started in Arizona
Is Kanye West back on Twitter?
Or maybe there isn’t, actually. Musk’s decisions regarding Twitter, which he bought — overpaid for — in October for $44 billion, have seemed whim-based from the start. He boasts about free speech, which to him evidently includes letting problematic people back on the platform after they were suspended.
For instance, the Wall Street Journal reported that Ye, formerly known as Kanye West, was allowed back on the platform over the weekend, months after he posted a picture of a swastika inside a Star of David. Classy.
And remember when a Blue Check meant the account was verified? That you could trust that the person tweeting was actually the person tweeting? This was especially useful during breaking-news events, when reporters tweeted information in real time, making Twitter an essential platform for keeping up with what was going on in the world — and knowing you were getting the news from a reliable source.
Yeah, those were the days, huh? Now, for $8 a month, you, too, can fulfill your lifelong dream of impersonating Kid Rock on Twitter, and there’s nothing anyone can do about it, including Kid Rock. (But why on Earth would you want to?)
Oh sorry. Not Twitter. It’s X. And it has been since earlier in July when Musk announced that he would junk one of the world’s most recognizable brands and symbols — the little blue Twitter bird — in favor of the 24th letter of the alphabet.
It’s like changing “Coke” to, I don’t know, “4” or something.
Justin Pazera left 'ABC 15 Mornings':The reaction from viewers shocked him
Elon Musk has long been fascinated with the letter X
Musk’s decision was, like so many surrounding the social-media platform, met with derision from most and knee-jerk defenses from his devoted following. There’s often a perception that some of these powerful people who make head-scratching decisions — Donald Trump comes to mind — are playing some kind of 3D chess.
Isn’t it more likely they just like romping around breaking stuff and no one around them has the guts or the job security to tell them to stop?
Whatever the case, Musk has long had a fascination with the letter X, as some of his other businesses and even family members suggest. In addition to SpaceX and xAI, his son is nicknamed X.
How about ex? As in, ex-Twitter users? There will be plenty if Mark Zuckerberg has anything to say about it. Threads, a Twitter knock-off, reportedly has more than 150 million users now. But it’s not exactly a robust social-media option, lacking many features users expect (like a desktop option, for instance). And Zuckerberg’s company doesn’t have the best reputation for guarding users’ privacy.
It’s too bad, really. It’s not as if Twitter was a perfect place to spend time before Musk took over. Trolls were often a problem, and misinformation too easily slipped through. Now those kinds of things seem more like a feature than a bug.
But it was a lot of fun during, say, the Super Bowl or some other big event. The Women’s World Cup would benefit greatly from the old Twitter, for instance. Now the site is just a mess, too hard to sort out to make it of much value.
So it limps along, an increasingly mean and ugly place, and a lot less fun. Maybe X is a good name after all.
Reach Goodykoontz at bill.goodykoontz@arizonarepublic.com. Facebook: facebook.com/GoodyOnFilm. Twitter: @goodyk.
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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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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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Republican presidential candidate and former U.S. Rep. Will Hurd talks with NPR Politics Podcast co-hosts about why he thinks Trump is vulnerable.
Copyright 2023 NPR
Republican presidential candidate and former U.S. Rep. Will Hurd talks with NPR Politics Podcast co-hosts about why he thinks Trump is vulnerable.
Copyright 2023 NPR
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https://www.wboi.org/2023-07-31/white-house-hopeful-and-former-congressman-will-hurd-on-the-race-to-dethrone-trump
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A man who was a Princeton University student when the FBI arrested him on charges related to the U.S. Capitol riot pleaded guilty on Monday to joining a mob's attack on police officers during one of the most violent clashes on Jan. 6, 2021.
Larry Fife Giberson was on the front lines when rioters attacked police officers in a tunnel on the Capitol's Lower West Terrace. Giberson, 22, of Manahawkin, New Jersey, waved other rioters into the tunnel and then joined in a coordinated push against officers guarding an entrance to the building, according to a court filing.
Giberson tried in vain to start a chant of “Drag them out!” and then cheered on rioters using weapons and pepper spray against police in the tunnel, according to an FBI’s agent affidavit. Giberson remained in the area for roughly an hour, the affidavit says.
Giberson pleaded guilty to a felony charge of interfering with police during a civil disorder, court records show. U.S. District Judge Carl Nichols is scheduled to sentence him on Nov. 1. The judge allowed him to remain free until his sentencing.
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Giberson was enrolled at Princeton as an undergraduate when he was arrested in March on riot-related charges. On Monday, a university spokesperson declined to answer questions about Giberson’s enrollment status.
Capitol Riot
Charles Burnham, an attorney for Giberson, didn't immediately respond to emails and a telephone call seeking comment.
Giberson was wearing a “Make America Great Again” hat and a Trump flag around his neck when he joined the Jan. 6 attack, which disrupted the joint session of Congress for certifying President Joe Biden's electoral victory over Donald Trump.
The FBI posted images of Giberson on social media to seek the public’s help in identifying him. Online sleuths also posted images of Giberson using the “#DragThemOut” hashtag moniker.
Investigators matched photos of Giberson from the Capitol to several images found on Instagram and Princeton University’s website, according to the FBI.
Approximately 1,100 people have been charged with federal crimes related to the Capitol riot. More than 600 of them have pleaded guilty. Over 100 others have been convicted by judges or juries after trials in Washington, D.C.
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https://www.nbcphiladelphia.com/news/national-international/princeton-university-student-pleads-guilty-to-joining-mobs-attack-on-capitol/3615173/
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https://www.nbcphiladelphia.com/news/national-international/princeton-university-student-pleads-guilty-to-joining-mobs-attack-on-capitol/3615173/
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Mohave County Sheriff's Office investigating fatal go-kart, ATV crash as homicide
Detectives from the Mohave County Sheriff’s Office were investigating a possible homicide that happened Friday in Meadview.
According to the Sheriff's Office, deputies were dispatched to a reported car crash at about 1:30 a.m. on Friday.
Officials said they went to the area of Driftwood Drive and Boathouse Drive to investigate a crash between an all-terrain vehicle and a vehicle described as a go-kart. The ATV operator was identified as Sally Minard, 32.
She was taken to a hospital with severe injuries and later died. Detectives began an investigation, the Sheriff's Office said. The operator of the other vehicle was identified as John Stettler, 40.
During the investigation, officials say it was determined that the crash was not an accident but a criminal act. They also learned of a prior relationship between the two people involved.
Stettler was arrested on suspicion of second-degree murder in domestic violence. The investigation was ongoing.
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https://www.azcentral.com/story/news/local/arizona-breaking/2023/07/31/arizona-officials-investigating-fatal-go-kart-atv-crash-as-homicide/70500548007/
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https://www.azcentral.com/story/news/local/arizona-breaking/2023/07/31/arizona-officials-investigating-fatal-go-kart-atv-crash-as-homicide/70500548007/
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CHICAGO, July 31, 2023 /PRNewswire/ -- The Board of Directors of ACG – the premier midmarket mergers and acquisitions association – announces the appointment of its new Chief Executive Officer, Brent Baxter, effective July 31, 2023.
An executive search committee, led by ACG Chairman Christine Nowaczyk, launched a national search through Korn Ferry to find an innovative leader who can keep up with the growth of the industry while listening and truly understanding the needs of ACG's chapters and members. "We found that person in Brent," said Nowaczyk, "and we are excited for the organization's next chapter. I want to thank my board colleagues and our committee for their contributions toward the extensive search."
Baxter has a long career in middle market M&A, ACG's core focus, with more than 25 years of sell-side and buy-side advisory experience, closing more than 200 transactions with a combined value of more than $1 billion. He also has a long and dedicated history supporting ACG in a volunteer capacity, serving in multiple positions on the ACG Board of Directors, and was recently honored with a Lifetime Achievement Award at the 2023 DealMAX event.
Brent served as ACG Chairman in 2021 and has been a member of the Executive Committee for the past six years – four years with the Office of the Chair, and two years as Finance Chair.
Beginning in 2015, Brent spearheaded many key membership strategies, including a growth initiative targeting corporate/strategic acquirer members, which flourished in 38 of ACG's local chapters. He also co-chaired the first national Strategic Acquirer Summit, which drew 120 high-value corporate attendees in Dallas in 2019. The program was suspended during COVID but successfully returned in 2023 in an invigorated form during ACG's largest event, DealMAX.
Brent has been an active participant in numerous chapter leadership events for 20+ years, forming deep connections with ACG's chapter network. He has attended more than 250 ACG events throughout the U.S. and has been a key member of his local ACG St. Louis chapter, serving in multiple positions, including Board President, Membership Chair, Chair of the Corporate Peer Group, as well as Chair of a key multi-chapter Midwest event, the Growth Conference.
"Brent has played a vital role in the success of ACG for many years, and has a deep familiarity with ACG's strategic plan, leadership and staff, member segments and, most importantly, actionable areas for growth," said Nowaczyk. "He not only embodies the values of ACG but also brings a fresh perspective and innovative ideas. With his experience and passion, we have full confidence that Brent will further enhance ACG's global reputation as a hub for middle-market growth, dealmaking, and thought leadership."
Baxter comes to ACG most recently from Nolan & Associates, a leading boutique investment banking firm with a focus on the middle market, where he has been Managing Director since 2019.
Prior to joining Nolan, Brent spent 18 years as Managing Director of a St. Louis independent investment bank. He also has extensive experience growing private companies through acquisitions, serving as CEO of a food manufacturing company that more than quadrupled its sales in eight years, and is currently on the boards of several privately held companies.
"I am eager to work even more extensively with our board of directors, our dedicated chapter boards and volunteers and our amazingly talented team of ACG professionals as we continue to provide our middle-market M&A community with best-in-class member benefits, innovative resources and expanded, relevant networking opportunities," said Brent Baxter. "ACG's mission is more relevant today than ever. In this dynamic economic landscape, supporting and amplifying middle-market growth is not just a responsibility—it is an opportunity to shape the future of business. I am ready and committed to lead ACG on this exciting journey."
The new CEO will direct all areas of ACG's operations, including several initiatives that are at the core of ACG's mission.
This includes overseeing ACG's expansive chapter network, which offers members a wealth of networking opportunities through more than 2,000 annual meetings and events as well as DealMAX, ACG's annual conference and premier networking opportunity for middle market professionals.
Moreover, Baxter will oversee ACG's media division, which includes the Middle Market Growth suite of publications and digital products (Middle Market Executive, Middle Market DealMaker, and several special reports), GrowthTV, an online media channel providing engaging and insightful content for the middle-market community, and the Middle Market Growth Conversations podcast.
Mid-market private equity valuation and deal terms database GF Data, ACG's first acquisition, is also a key part of the future plans for a revitalized and more robust ACG under Baxter's leadership.
The ACG Board expresses its sincere gratitude to Lisa Harris, the organization's CFO and Interim CEO, for her exceptional leadership and dedication during this transitional period.
We also extend our appreciation to the search firm Korn Ferry for their professional assistance in this pivotal CEO search, and to the entire ACG staff for their unwavering dedication to our organization and its mission.
Please watch a GrowthTV video where Brent Baxter discusses what's next for ACG.
About ACG (Association for Corporate Growth)
Founded in 1954, ACG is the premier M&A dealmaking community with a mission of driving middle-market growth. ACG's global network operates within 61 local markets worldwide and comprises more than 100,000 middle-market professionals who invest in, own and advise growing companies. Learn more about ACG and become a member at www.acg.org.
Media Contact: Sue Ter Maat, ACG, 847-772-4354 or stermaat@acg.org
View original content to download multimedia:
SOURCE Association for Corporate Growth
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Frisco Bowl welcomes Scooter’s Coffee as new title sponsor
The Omaha Metro’s very own coffee company now has a bowl game
OMAHA, Neb. (WOWT) - An Omaha-based coffee chain is now the official title sponsor of a bowl game.
The Scooter’s Coffee Frisco Bowl.
That’s the new name of the annual postseason college football game played at Toyota Stadium in Frisco, Texas. The 2023 installment will be played Dec. 19 at 8 p.m.
“We are excited to welcome Scooter’s Coffee as the new title sponsor of the Frisco Bowl,” said Clint Overby, vice president of ESPN Events, which owns and operates the Frisco Bowl. “Their focus on people and quality aligns perfectly with our mission of providing a positive and memorable postseason college football experience for traveling teams, fans, and the local community.”
Scooter’s Coffee was founded in Bellevue, Nebraska, by Don and Linda Eckles in 1998. The company is celebrating its 25th anniversary this year.
As of July 2023, there are 692 Scooter’s Coffee locations across the country, mainly based in the central U.S.
Copyright 2023 WOWT. All rights reserved.
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https://www.1011now.com/2023/07/31/frisco-bowl-welcomes-scooters-coffee-new-title-sponsor/
| 2023-07-31T21:48:11
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https://www.1011now.com/2023/07/31/frisco-bowl-welcomes-scooters-coffee-new-title-sponsor/
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Susan Davis is a congressional correspondent for NPR and a co-host of the NPR Politics Podcast. She has covered Congress, elections, and national politics since 2002 for publications including USA TODAY, The Wall Street Journal, National Journal and Roll Call. She appears regularly on television and radio outlets to discuss congressional and national politics, and she is a contributor on PBS's Washington Week with Robert Costa. She is a graduate of American University in Washington, D.C., and a Philadelphia native.
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https://www.kanw.com/2023-07-31/white-house-hopeful-and-former-congressman-will-hurd-on-the-race-to-dethrone-trump
| 2023-07-31T21:48:12
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https://www.kanw.com/2023-07-31/white-house-hopeful-and-former-congressman-will-hurd-on-the-race-to-dethrone-trump
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BOGOTA, Colombia, July 31, 2023 /PRNewswire/ -- Considering the information known to public, the Board of Directors of Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC, "Ecopetrol" or the "Company") reiterates the press release issued by the company yesterday, which stated that Ecopetrol, Cenit and Oleoducto de Colombia have actively collaborated with the different authorities for the execution of the "Bunkering Imperio" operation.
- Based on external verifications and information coming from the collaborative efforts between the Ecopetrol Group, the Judicial Investigation Directorate and the Carabineros and Environmental Protection Directorate of the National Police, to date, there is no evidence implicating either the administrations or the officers of the Ecopetrol Group;
- Ecopetrol, Cenit and Oleoducto de Colombia have been recognized as victims in the corresponding criminal proceedings; and
- The company will continue to work with the authorities to sanction and prevent the smuggling and theft of hydrocarbons.
Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA's shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla - Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol's growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company's business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company's prospects for growth and its ongoing access to capital to fund the Company's business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company's competitiveness and the performance of Colombia's economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.
For more information, please contact:
Head of Capital Markets (a)
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co
Head of Corporate Communications
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co
View original content:
SOURCE Ecopetrol S.A.
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https://www.weau.com/prnewswire/2023/07/31/board-directors-ecopetrol-sa-announces-execution-operation-sanction-theft-smuggling-hydrocarbons/
| 2023-07-31T21:48:14
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https://www.weau.com/prnewswire/2023/07/31/board-directors-ecopetrol-sa-announces-execution-operation-sanction-theft-smuggling-hydrocarbons/
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