Chicago Blackhawks forward Andrew Shaw announced his retirement from the NHL due to lingering injuries.
Chicago Blackhawks forward Andrew Shaw announced his retirement from the NHL due to lingering injuries.
Sabrina Ionescu wins it on a last-second shot? Check.
This six-piece Lancôme gift with purchase can be yours when you spend at least $42.50 on the brand's products at Macy's—get all the details.
After 240 years of trading, Debenhams's remaining stores are welcoming customers for the last time.
A Brazilian Supreme Court justice on Friday ruled that former Health Minister Eduardo Pazuello will not be obligated to answer questions that could incriminate him before a Senate panel investigating the government's handling of the COVID-19 pandemic. With more than 430,000 dead, Brazil has experienced the world's second-deadliest outbreak of COVID-19 after the United States. Critics blame the severity of the death toll on a negligent response by the government of President Jair Bolsonaro, who has downplayed the severity of the disease and opposed lockdowns.
RADNOR, Pa., May 14, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Middle District of Florida against PureCycle Technologies, Inc. (NASDAQ: PCT) (“PureCycle”) f/k/a Roth CH Acquisition I Co. (“Roth Acquisition”) (NASDAQ: ROCH) on behalf of those who purchased or acquired PureCycle securities between November 16, 2020 and May 5, 2021, inclusive (the “Class Period”). Deadline Reminder: Investors who purchased or acquired PureCycle securities during the Class Period may, no later than July 12, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at email@example.com; or click https://www.ktmc.com/purecycle-technologies-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=purecycle PureCycle commercializes a purification recycling technology, originally developed by The Procter & Gamble Company (“Procter & Gamble”), for restoring waste polypropylene into resin with near-virgin characteristics. Roth Acquisition was organized as a special purpose acquisition company (“SPAC”). The Class Period commences on November 16, 2020, when PureCycle issued a press release announcing plans to become a publicly traded company via a merger with Roth Acquisition. On March 18, 2021, PureCycle and Roth Acquisition announced that their anticipated business combination had been completed after having been approved by Roth Acquisition’s stockholders at a special meeting held on March 16, 2021. Throughout the Class Period, PureCycle touted the technology it licensed from Procter & Gamble. However, the truth was revealed before the markets opened on May 6, 2021, when analyst Hindenburg Research published a report on PureCycle entitled “PureCycle: The Latest Zero-Revenue ESG SPAC Charade, Sponsored by the Worst of Wall Street.” In the report, Hindenburg wrote, among other things, that: (1) Hindenburg “spoke with multiple former employees of” PureCycle executives’ former companies “who said PureCycle’s executives based their financial projections on ‘wild ass guessing’, brought companies public far too early, and had deceived investors”; (2) unlike most “leading plastics companies [who] publish peer reviewed studies that detail their advancements in the field,” Hindenburg was “unable to find a single peer reviewed study in any scholarly journal citing or reviewing PureCycle’s licensed process”; (3) “multiple competitors and industry experts . . . explained that PureCycle faces steep competition for high quality feedstock, and called the company’s financial projections into question”; and (4) “PureCycle represents the worst qualities of the SPAC boom; another quintessential example of how executives and SPAC sponsors enrich themselves while hoisting unproven technology and ridiculous financial projections onto the public markets, leaving retail investors to face the ultimate consequences.” Following this news, PureCycle’s stock price fell from a May 5, 2021 closing price of $24.59 per share to a May 6, 2021 closing price of $14.83, a one-day drop of approximately 40%. The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (1) the technology PureCycle licensed from Procter & Gamble was not proven and presented serious issues even at lab scale; (2) the challenges posed by the availability and competition for the raw materials necessary to commercialize the licensed technology were significant; (3) PureCycle’s financial projections were baseless; and (4) as a result, PureCycle’s public statements were materially false and misleading at all relevant times. PureCycle investors may, no later than July 12, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)firstname.lastname@example.org
PETALING JAYA, Malaysia, May 14, 2021 (GLOBE NEWSWIRE) -- Eostre Berhad, Toga Limited’s (OTC: TOGL) majority-owned subsidiary, entered into an exclusive distribution agreement with Taiwan’s Biosurges Co., Ltd. on March 15, 2021. This Agreement appoints Eostre as the exclusive distributor of its Dammarane dietary supplements in Malaysia and Singapore. Eostre will now be tasked with developing the largest possible market in Malaysia and Singapore for the product – a botanical beverage of mixed berries and ginseng extract. “We’re happy to establish this collaboration between Biosurges and Eostre to become the official, exclusive distributor for Malaysia and Singapore. Although the pandemic has been a challenging time for many businesses, we have placed an emphasis on sustainable business growth and diversification of revenue streams. For Eostre, the introduction of new product lines will help generate results that are profitable. As the exclusive distributor of Biosurges, Eostre believes this will provide momentum for the growth of Eostre’s product portfolio and customer base in the two countries,” said Eostre Berhad General Manager, Ms. Low Kah Fong. “We’re quite pleased to begin this relationship with Biosurges, and we anticipate both companies will jointly expand the awareness and demand for the Dammarane products in the nutritional and dietary market segments in Malaysia and Singapore. This collaboration will certainly pave the way for continued strong growth in dietary supplement and nutrition space, in line with Eostre’s vision of becoming an international brand with world-leading healthcare products, and mission of promoting healthy living with innovative technology,” said Eostre Chief Executive Officer, Mr. Tan Chiau Wei. Contact: Alexander D. HendersonTOGA LIMITED, 515 S. Flower Street, 18th Floor, Los Angeles, CA 90071(949) email@example.com Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Toga Limited or its management (the “Company”) "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other similar expressions) should be considered forward-looking statements, including, without limitation, statements regarding the Company's guidance, outlook, growth, opportunities and long-term strategy. These statements involve certain risks and uncertainties that may cause actual results to differ materially from expectations as of the date of this release. These risks and uncertainties include, without limitation, risks associated with the impact of the COVID-19 pandemic; the Company's ability to execute on its long-term strategy; the Company's ability to successfully compete in its intensely competitive industry; the Company's ability to manage its growth; the Company's ability to maintain or improve its operating margins; the Company's ability to identify and react to trends in consumer preferences; product supply disruptions; general economic conditions; accounting standard changes; and other factors as set forth from time to time in the Company's Securities and Exchange Commission filings, including, without limitation, the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company intends these forward-looking statements to speak only as of the time of this Press Release and does not undertake to update or revise them as more information becomes available, except as required by law.
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New Delhi [India], May 15 (ANI): Commerce Secretary Anup Wadhawan on Friday informed that the foreign trade sector is recovering in a balanced manner.
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It's an understatement to say that onetime U.S. industrial titan General Electric (NYSE: GE) has fallen out of favor with investors in recent years. At General Electric's most recent closing stock price, that level would represent 28% upside if achieved. Since falling on hard times, General Electric has attempted to streamline its once-sprawling collection of businesses to become a leaner company with a tighter focus.
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BEIJING (AP) — China has landed a spacecraft on Mars for the first time in the latest advance for its space program. The official Xinhua News Agency said Saturday that the lander had touched down, citing the China National Space Administration. Plans call for a rover to stay in the lander for a few days of diagnostic tests before rolling down a ramp to explore an icy area of Mars known as Utopia Planitia. It will join an American one that arrived at the red planet in February. China’s first Mars landing follows its launch last month of the main section of what will be a permanent space station and a mission that brought back rocks from the moon late last year. The U.S. has had nine successful landings on Mars since 1976. The Associated Press
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Chitrakoot (Uttar Pradesh) [India], May 15 (ANI): Two officials on Friday were found guilty in Uttar Pradesh's Chitrakoot jail firing incident, as per an official statement.
A formal inquiry into money laundering in British Columbia heard from its final witness Friday as a former gaming minister appeared for a second time to explain inconsistencies during his first round of testimony. Rich Coleman, a six-term former Liberal member of the B.C. Legislature, appeared again before Cullen Commission over discrepancies between comments he made in 2011 and testimony before the inquiry last month. Questioned for more than an hour Friday, Coleman maintained his sworn evidence was accurate. "I think how I answered the question in my [earlier] testimony was honest and correct," said the former minister, who was responsible for the gaming file off and on from 2001 to 2013. In April, lawyers for the commission asked Coleman about a CBC News investigation in 2011 that detailed how $8 million in suspected drug money flowed unchecked through two casinos in three months. In the article, RCMP Insp. Barry Baxter said the force suspected casinos were being targeted by organized crime and believed the cash was "dirty money." In a follow-up interview six days after the investigation ran, Coleman undermined the accuracy of the reporting and described Baxter as "offside." Coleman said he'd spoken to Baxter's superiors, who agreed. But in April, he denied speaking to RCMP's brass. He was recalled to testify again shortly thereafter. On Friday, Coleman said it was his staff, not him personally, who had spoken to RCMP brass. "Sometimes in a live radio interview, you tend use a word versus another when you're trying to do it as a minister on behalf of your entire [staff] ... I should've used 'we' and not 'I,' " he said, adding Baxter's RCMP superiors never officially told him they disagreed with their officer. "It was just my feeling that his superiors wouldn't agree with what he said or how he said it," Coleman said. Surveillance footage of alleged money laundering. Attorney General David Eby said the tape shows wads of $20 bills being exchanged in a casino cash cage.(Supplied) The Cullen commission is trying to determine where and how money laundering has occurred in B.C., why it's been allowed to continue and whether it can be prevented in the future. Since last spring, the commission has heard testimony from about 200 witnesses, including former B.C. premier Christy Clark, several former and current cabinet ministers, police officers, gaming officials and financial crime experts and academics. The former minister said Baxter's suspicions "came out of the blue." He said testified it was not general practice for RCMP officers to speak publicly about issues that could be under investigation and Baxter's comments didn't jive with information Coleman had received from his officials. Documents later showed Insp. Baxter had the full support of his superiors. Commission lawyer Brock Martland questioned Coleman Friday about whether he agreed he'd discredited Baxter. Coleman said he'd "probably spoken too far," but stopped short of apologizing. "I probably went a little too far out with that answer ... Yeah, I mean, [I was] a bit unfair to Mr. Baxter," he said. "It's an unfortunate turn of words in an interview. That can happen. And in this case, when you get to look at it from a 20,000-foot level, ten-and-a-half years later, you can say, 'Well, I shouldn't have said it that way." Former minister Rich Coleman pictured in June 2020. Coleman retired from politics later that year.(CBC) Two senior gaming investigators testified they raised concerns dating back to 2009 about increasing amounts of suspicious cash likely linked to organized crime appearing at Vancouver-area casinos. Coleman told the commission it was difficult to address money laundering at B.C. casinos directly because there were complex legal issues related to proving whether suspicious cash at casinos was illegal money. The province called the inquiry in 2018 after reports detailed how more than $100 million had been cleaned in B.C.'s gaming, luxury car and real estate sectors over a decade and a half. Final submissions are scheduled for early July. Commissioner Austin F. Cullen has until Dec. 15 to deliver his report to the province.
SACRAMENTO, Calif. (AP) — Gov. Gavin Newsom’s budget plan would have California pay to send every 4-year-old to kindergarten, give broke college students a place to live, put more homeless people in hotel rooms, provide health insurance for older adults living in the country illegally, start a new polytechnic university, wipe out delinquent traffic tickets for poor people and give cash payments up to $1,100 to two-thirds of taxpaying adults. The governor says it's all possible because the nation’s most populous state and the world’s fifth-largest economy is sitting on a mountain of new cash – a $100 billion surplus fueled by surging tax revenue and federal coronavirus aid. On Friday, Newsom detailed his ambitious $267.8 billion budget that would reverse nearly all of his proposed budget cuts and tax hikes from a year ago at the start of the pandemic — one in a series of unrelenting major crises he has faced since taking office in early 2019. His popularity fell amid wildfires, blackouts, soaring unemployment and billions of dollars in fraudulent unemployment benefits paid by the state. Critics of his policies and handling of the coronavirus gained enough signatures to trigger a recall election expected this fall. So on Friday, it seemed Newsom could not help but marvel at his good fortune when he said the state is set up for “not just a comeback, but an extraordinary decade, arguably century, ahead.” “We are trying to do things this state has talked about but never been able to accomplish because we’ve never had the resources to do it,” Newsom said, adding: “This is not a budget that plays small ball.” But it is a budget on the edge. Nearly all of the $100 billion in extra money is a one-time surplus, meaning it won’t be available next year. Newsom and the Legislature have already approved a massive tax cut for small businesses that will reduce revenues by more than $6 billion over the next five years. In the years to come, budget officials predict the state’s revenue will grow slightly while its expenses keep increasing. For now, they say the two sides of the budget will balance and not cause a deficit. But that leaves no room for error in a time when the pandemic has made it impossible to predict the future. It’s enough for Keely Martin Bosler, Newsom’s budget director, to remark on “how incredibly uncertain things continue to be.” “We are still mindful that we’ve only added back about 44% of the jobs that were lost in that March and April period” of 2020 when the pandemic began and California issued the nation’s first statewide stay-at-home order, Bosler said. “There’s still a lot of work to do.” Newsom had already announced most of his most attention-grabbing ideas, including giving tax rebates to two-thirds of the state’s adults while also pledging to pay off their unpaid rent and utility bills. But Friday’s announcement put an exclamation point on the scope of his plan, with virtually across-the-board increases in nearly all aspects of government. Republicans said Newsom's plan just shows California's taxes are too high and makes grand promises to people the government won't be able to keep. Scott Wilk, Republican leader of the state Senate, said Newsom “has been channeling Oprah all week — where every studio audience member gets a new car.” “Unfortunately in about 18 months — when the money runs out — the car will be repossessed,” Wilk said. For many Democrats, the budget is a progressive dream, with many lawmakers hailing it as historic. Most of the criticism from the left focused on pushing Newsom to do more. While the governor agreed to give free health insurance to low-income, older adults living in the country illegally, Joaquin Arambula — a Democrat in the state Assembly and a medical doctor — said he was “deeply disappointed” Newsom did not do the same for low-income farm workers and other immigrants who “have kept our families fed and cared for during this horrible pandemic.” “Frankly, it stuns me that they are being left behind — and yet are expected to keep doing their jobs, keep food on our tables, keep taking care of us in our homes, hospitals and schools, and keep our economy going,” he said. Newsom’s announcement isn’t the final word on the budget. Now, he must negotiate with the Democrats who dominate the Legislature and sometimes wants to go further than Newsom is willing to go. Assembly Speaker Anthony Rendon, a Democrat from Lakewood, said lawmakers will try to spend more money on child care and making college accessible and affordable. Toni Atkins, the leader of the Senate, said the state cannot merely focus on 2021. “Last year showed us the power of our responsible budgeting habits. It’s critical that we embrace that lesson and ensure this opportunity will benefit Californians this year and for years to come,” she said. Other challenges lie ahead. After a year of unprecedented unemployment, California has had to borrow billions of dollars from the federal government to continue paying unemployment benefits. The deficit in the state's unemployment trust fund — which is funded by a tax on employers — will hit $24.3 billion by the end of this year. Newsom wants to spend $1.1 billion to begin paying down that debt, a sum business leaders say is woefully low. The trust fund “deficit is the biggest threat to all businesses in California,” said Rob Lapsley, president of the California Business Roundtable. “Without a significant investment from the state to address the massive UI Fund debt, businesses will be on the hook to pay for debt they didn't create and cannot afford to pay back.” California's Employment Development Department, which pays unemployment benefits, has been overwhelmed during the pandemic, processing 22.2 million claims since March and paying $143 billion in benefits. The department estimates it has 11 million items to complete — including protests, benefit screenings and identity documentation — that could take more than three years to finish. Newsom says he wants to give the department $276.3 million to hire enough contractors to finish the work in a year. And he wants to spend $11 million so the department can begin paying benefits through direct deposit, which could cut down on fraud. Adam Beam, The Associated Press
Thunderstorms brought hail to the Wichita, Kansas, area on May 14, with reports of pea-sized hail in the region.Footage captured by Kevin Herndon near Lake Afton, Kansas, shows hail peppering the ground.The National Weather Service had reported a series of storm developments in the Wichita area on the afternoon of May 14, forecasting hail and winds of up to 50 mph . Credit: Kevin Herndon via Storyful
Peyton Manning flexed his impressive NFL career while fumbling during his job as an intern