Jarred Vanderbilt (Minnesota Timberwolves) with a block vs the Brooklyn Nets, 04/13/2021
Jarred Vanderbilt (Minnesota Timberwolves) with a block vs the Brooklyn Nets, 04/13/2021
The guys on the mound in Major League Baseball can have their pitches measured in a variety of ways, whether it's spin rate, speed or angle into the strike zone. MLB pitchers are hitting batters and throwing more wild pitches than at any time since 1900, according to baseball-reference.com. “We’ve brought guys up in a velocity world,” Marlins manager Don Mattingly said.
State Street Corp agreed to pay a $115 million criminal penalty and enter a deferred prosecution agreement to resolve charges it defrauded customers by secretly overcharging them for expenses, the U.S. Department of Justice said on Thursday. According to settlement papers, the Boston-based company admitted that from 1998 to 2015, its executives defrauded customers of more than $290 million through a scheme to add hidden markups to "out-of-pocket" expenses that were charged. The Justice Department said executives also tried to conceal the markups, including by leaving the details off invoices and misleading customers who asked why the charges were imposed.
New Delhi [India], May 14 (ANI): The cumulative number of COVID-19 vaccine doses administered in the country reached nearly the 18 crore mark as per the 8 pm provisional report today, the Ministry of Health and Family Welfare on Thursday.
The much-anticipated special will see the original cast and celebrities reflect on the series.
All amounts in U.S. dollars unless otherwise stated TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) confirms all nominees set forth in the management information circular for its May 13, 2021 Annual Meeting of Shareholders have been elected as directors of the Company. Detailed results of the vote for each director are set out below. NomineeElected by% Votes ForGerald W. SchwartzMultiple Voting Shares100William A. EtheringtonMultiple Voting Shares100Ewout HeersinkMultiple Voting Shares100John B. McCoyMultiple Voting Shares100J. Robert S. PrichardMultiple Voting Shares100Heather M. ReismanMultiple Voting Shares100Mitch GoldharSubordinate Voting Shares85.18Arianna HuffingtonSubordinate Voting Shares95.94Arni C. ThorsteinsonSubordinate Voting Shares81.70Beth WilkinsonSubordinate Voting Shares96.00 Onex also presented an advisory resolution to shareholders endorsing the Company’s approach to executive compensation, generally referred to as “say-on-pay”. The Company is pleased to report the advisory resolution passed overwhelmingly with 94.74% support. About Onex Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex’ platforms include: Onex Partners, private equity funds focused on mid- to large-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through tradeable, private and opportunistic credit strategies as well as actively managed public equity and public credit funds; and Gluskin Sheff’s wealth management services. In total, as of December 31, 2020, Onex has approximately $44 billion of assets under management, of which approximately $6.8 billion is its own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex’ platforms. The Onex Partners and ONCAP businesses have assets of $40 billion, generate annual revenues of $22 billion and employ approximately 147,000 people worldwide. Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. For more information on Onex, visit its website at www.onex.com. Onex’ security filings can also be accessed at www.sedar.com. This news release may contain forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward- looking statements. Onex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise. For further information: Jill Homenuk Managing Director - Shareholder Relations and Communications Tel: +1.416.362.7711
They're the classic pieces you need in your closet.
US health officials say masks and physical distancing are no longer needed for vaccinated Americans.
Friends that promote vaccinations together stay together.
Electric car maker Fisker Inc has finalized its vehicle-assembly deal with Foxconn Technology Co Ltd, including plans to open a U.S. plant in 2023, the companies said on Thursday. The plant's location has not been identified, but Fisker Chief Executive Henrik Fisker said four states are under consideration, including Foxconn's plant site in Wisconsin. Foxconn Chairman Liu Young-way previously said electric vehicles (EVs) have a "promising future" in Wisconsin but did not elaborate.
We expect strong earnings growth, low default volumes, upward rating migration, and tighter spreads in the recovery phase of the credit cycleNEW YORK, May 13, 2021 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its Second Quarter 2021 High-Yield and Bank Loan Outlook. Titled “In the Recovery Phase of the Credit Cycle,” the report explains why fundamental conditions support positioning long in credit-sensitive fixed-income assets despite tight spreads. Among the highlights in the 16-page report: Looking ahead, we believe that the length of the recovery phase and the expansion phase of this credit cycle will depend on the discipline of borrowers and investors, as well as other factors including interest rates, economic growth, government policy, and external shocks.The credit cycle framework suggests that we will progress to other phases before experiencing another wave of default activity, which eases our concerns about historically tight credit spreads.High-yield credit spreads have only been tighter 8 percent of the time dating back over 20 years. Our view is that fundamental conditions support staying long credit despite historically tight credit spreads, just as they did in the early 1990s when spreads stayed near similar levels for years.Earnings before interest, taxes, depreciation, and amortization (EBITDA) for publicly traded high-yield issuers are expected to grow 24 percent year-over-year based on median analyst estimates. We calculate that earnings growth alone would lower median leverage ratios to 4.1x, levels last seen at the end of 2018.Based on the pace of rating upgrades in the first quarter of 2021, almost 28 percent of the current high-yield index could receive an upgrade of at least one notch by the end of the year.As default probability falls with credit rating upgrades, it makes sense to look for value further down the credit rating spectrum. For more information, please visit http://www.guggenheiminvestments.com. About Guggenheim Investments Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with more than $245 billion1 in total assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 295+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification opportunities and attractive long-term results. 1. Guggenheim Investments assets under management as of 3.31.2021 and include leverage of $15.4bn. Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Investing involves risk, including the possible loss of principal. The potential impacts of the COVID-19 outbreak are increasingly uncertain, difficult to assess and impossible to predict, and may result in significant losses. Investments in fixed-income instruments are subject to the possibility that interest rates could rise, causing their value to decline. High-yield and unrated debt securities are at a greater risk of default than investment grade bonds and may be less liquid, which may increase volatility. One basis point is equal to 0.01 percent. This material is distributed or presented for informational or educational purposes only and should not be considered a recommendation of any particular security, strategy or investment product, or as investing advice of any kind. This material is not provided in a fiduciary capacity, may not be relied upon for or in connection with the making of investment decisions, and does not constitute a solicitation of an offer to buy or sell securities. The content contained herein is not intended to be and should not be construed as legal or tax advice and/or a legal opinion. Always consult a financial, tax and/or legal professional regarding your specific situation. This material contains opinions of the author, but not necessarily those of Guggenheim Partners, LLC or its subsidiaries. The opinions contained herein are subject to change without notice. Forward looking statements, estimates, and certain information contained herein are based upon proprietary and non-proprietary research and other sources. Information contained herein has been obtained from sources believed to be reliable, but are not assured as to accuracy. Past performance is not indicative of future results. There is neither representation nor warranty as to the current accuracy of, nor liability for, decisions based on such information. No part of this material may be reproduced or referred to in any form, without express written permission of Guggenheim Partners, LLC. Media ContactGerard CarneyGuggenheim Partners310.871.9208Gerard.Carney@guggenheimpartners.com
TORONTO, May 13, 2021 (GLOBE NEWSWIRE) -- Flora Growth Corp. (NASDAQ: FLGC) (“Flora” or the “Company”), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, today announced the closing of its initial public offering of 3,333,333 of its common shares. On May 11, 2021, the Company’s common shares commenced trading on the Nasdaq Capital Market under the ticker symbol “FLGC". The initial public offering was priced at the high end of the proposed price range at US$5.00 per share to the public for a total of US$16,666,665 of gross proceeds to the Company. Boustead Securities, LLC acted as the sole underwriter for the offering (the “Underwriter”) with MKM Partners acting as co-Manager. The Underwriter has been granted a 45-day option to purchase up to an additional 500,000 common shares to cover over-allotments at the initial public offering price of $5.00 per share. The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained from Boustead Securities, LLC, via email: email@example.com or by calling +1 (949) 502-4408 or requested by standard mail at Boustead Securities, LLC, Attn: Equity Capital Markets, 6 Venture, Suite 395, Irvine, CA 92618, USA. In addition, a copy of the final prospectus relating to the offering may be obtained via the SEC's website at www.sec.gov. A registration statement relating to these securities was filed with the Securities and Exchange Commission and was declared effective on May 10, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Flora Growth Corp. Flora is a cannabis company that will leverage natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.floragrowth.ca or follow @floragrowthcorp on social for more information. Investor Relations Contact: Evan Veryard +1 416 571 firstname.lastname@example.org Public Relations Contact:Cassandra Dowell+1 (847) email@example.com For Underwriter Inquiries Please Contact:Boustead Securities, LLCDaniel J. McClory, Head of Equity Capital MarketsTel: +1 949 502 4408Email: firstname.lastname@example.org Cautionary Statement Concerning Forward-Looking Statements This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.
The results also revealed that a majority of dog owners are looking to improve their pet's living conditions when they move
With the NBA regular season wrapping up, let's see what the first round of 2021-22 fantasy basketball drafts could look like.
A federal judge refused Thursday to free a Texas man whom authorities have accused of planning an attack on a social media company's facility after he returned home from storming the U.S. Capitol. Guy Wesley Reffitt, one of more than 400 federal defendants charged in the Jan. 6 riot at the Capitol, has been identified by prosecutors as a member of a militia-style group linked to the anti-government Three Percenters extremist movement. Reffitt bragged about his actions in Washington, D.C., on Jan. 6 during a Zoom meeting with two other militia members four days after the siege, according to prosecutors. A recording of the meeting obtained by investigators captured Reffitt discussing a plan to attack “mainstream media,” “Silicon Valley,” and “Big Tech,” prosecutors said. Prosecutors say Reffitt specifically targeted a “prominent” social media company’s facility in Texas. During Thursday's remote hearing, Assistant U.S. Attorney Jeffrey Nestler didn’t name the company that Reffitt allegedly targeted but said it had servers near his home in Wylie, a Dallas suburb. “He knew the description of the generator there and how a well-placed sniper shot could take out that generator and how much impact that would have on that company and therefore on American society,” the prosecutor said. U.S. District Judge Dabney Friedrich concluded that Reffitt would pose a danger to the public if she ordered his release from a Washington jail. The judge said she can't dismiss Reffitt's violent rhetoric as “mere boasts,” pointing to evidence that he planned more attacks. “Mr. Reffitt backed up his comments with actions,” she said during a remote hearing Thursday. “He did, in fact, attempt to recruit new militia members to his cause. And he stated that the events of January 6th were just the preface to what was coming.” Reffitt had been threatening to attack social media companies for months before the Capitol siege, prosecutors said. A relative warned the FBI in late December that Reffitt was “going to do some serious damage” related to lawmakers in Washington, according to prosecutors, who said he took an AR-15 rifle and a pistol with him when and another militia member drove to Washington. Reffitt played a “significant and dangerous role” in the deadly attack, leading a group of rioters up the Capitol steps to confront law enforcement officers, prosecutors said in an April 28 court filing. “Reffitt’s actions caused the police line guarding the building to retreat closer to the building itself; soon after, law enforcement was overwhelmed, and rioters breached and flooded the building,” they wrote. After returning home, Reffitt told his children that they would be traitors if they reported him to law enforcement and warned them that “traitors get shot,” according to prosecutors. A grand jury indicted Reffitt on charges of obstructing an official proceeding, obstruction of justice and entering and remaining in a restricted building or grounds. In March, a federal magistrate ordered Reffitt detained pending trial. Reffitt asked Friedrich to overturn that order. “The government just claims that Mr. Reffitt is a threat, but does not identify an articulable one,” defense attorney William Welch said Thursday. Michael Kunzelman, The Associated Press
CLEMMONS, N.C. (AP) — Motorists found gas pumps shrouded in plastic bags at tapped-out service service stations across more than a dozen U.S. states Thursday while the operator of the nation's largest gasoline pipeline reported making “substantial progress” in resolving the computer hack-induced shutdown responsible for the empty tanks. Nearly 70% of North Carolina's gas stations were still without fuel amid panic-buying. More than half the stations in Virginia were tapped out, as were about half the stations in South Carolina and Georgia, GasBuddy.com reported. Washington, D.C., was among the hardest-hit places Thursday, with 73% of stations out, the site's tracking service showed. President Joe Biden said Thursday that U.S. officials do not believe the Russian government was involved in the hack of the Colonial Pipeline, which stretches from Texas to New Jersey. But he added, “We do have strong reason to believe that the criminals who did the attack are living in Russia. That’s where it came from.” A cyberattack by hackers who lock up computer systems and demand a ransom to release them hit the pipeline on Friday. The hackers did not take control of the pipeline's operations, but Colonial shut it down to contain the damage. The U.S. was in direct communication with Moscow about the need to take action against ransom networks, Biden said. The FBI has said the ransomware belonged to a criminal syndicate known as DarkSide. After restarting operations Wednesday, Georgia-based Colonial Pipeline said in a Thursday update that gasoline deliveries were underway in most of its markets. Gas was flowing again across most of the Deep South, and segments that were offline in the Mid-Atlantic region were expected to gear up again, the company said. The Northeast has seen fewer shortages since those states get more of their gas supplies from ocean tankers and other sources. The Colonial Pipeline delivers about 45% of the gasoline consumed on the East Coast, but there were no gasoline shortages, according to government officials and energy analysts, just delays in delivering the fuel from Gulf Coast refineries. “We are not out of the woods yet, but the trees are thinning out,” Richard Joswick, global head of oil analytics at S&P Global Platts, said. Gas stations should be back to normal next week, though, if the pipeline restart goes as planned and consumers are convinced that they no longer need to panic-buy fuel, Joswick said. He estimated that full recovery for the East and Gulf coasts would take at least a couple of weeks. In Virginia, however, the pipeline shutdown still produced palpable effects Thursday. Stephen Brich, the Virginia Department of Transportation highways commissioner, said the agency is limiting non-essential travel and asking its employees to continue working remotely as a conservation strategy. The decision impacts about 4,000 workers. Workers are still responding to emergency issues such as potholes, malfunctioning traffic signals, guard rail problems, drainage issues and bridge issues. There are sufficient supplies of unleaded and diesel fuel to maintain services for several more weeks, Brich said. The run on gas also prompted an urgent warning in the state that people should never siphon gasoline off by mouth with hoses, an advisory that followed calls in recent days about people who were poisoned. One man sucked gasoline into his lungs, causing significant distress, Dr. Chris Holstege, the medical director of the Blue Ridge Poison center at UVA Health, said. The governors of both Virginia and North Carolina declared states of emergency to help ensure access to gasoline. Other governors urged people not to hoard supplies. “There is available fuel supply in and around our state, and it will take time for tankers to move that supply to the stations that are experiencing shortages,” North Carolina Gov. Roy Cooper said. He reiterated calls for residents not to make any unnecessary trips to the pump. The search for working gas pumps has frayed the nerves of some drivers. Two people were charged with assault after spitting in each other's faces over spots in a line at a Marathon station in Knightdale, North Carolina, on Tuesday afternoon, authorities said. The shutdown even affected hikers long the Appalachian Trail, which stretches from Georgia to Maine. They depend on cars and vans to access the trail and get supplies. “Everybody’s out here buying from the same gas pumps, so the lines are long, some are out — you’ve really got to look for it,” said Ron Brown, who operates Ron’s Appalachian Trail Shuttles. In Georgia, racetracks and other entertainment venues rely on many fans who drive from surrounding states such as Alabama, Florida and Tennessee, and the concern is that higher gas prices – or shortages – might keep fans at home. “Fuel prices do affect the amount of people who come, especially long distances,” said Sydney Marshall, general manager of the South Georgia Motorsports Park in Adel, Georgia, and the Orlando Speed World Dragway in Florida. “It’s definitely a concern of mine because if there’s a gas shortage, people aren’t going to be able to get here.” ___ Associated Press writers Cathy Bussewitz in New York; Eric Tucker in Washington; Sarah Brumfield in Silver Spring, Maryland; and Bryan Anderson in Raleigh, N.C., contributed. Finley reported from Norfolk, Virginia. Martin reported from Marietta, Georgia. Tom Foreman Jr., Jeff Martin And Ben Finley, The Associated Press
After a one-year break because of the pandemic, college lacrosse is ready to decide its national champions, and North Carolina starts in a very good place: The Tar Heels are the top seed for both the men's and women's Division I tournaments. UNC men's coach Joe Breschi, voted Atlantic Coast Conference coach of the year for the third time, says his players are "having the time of their life.” The eight seeded men’s teams are: North Carolina (11-2), co-champion of the ACC with second-seeded Duke (12-2), Big Ten champ Maryland (12-0), reigning NCAA champion Virginia (10-4), Big East champ Georgetown (12-2), Notre Dame ( 7-3), Denver (10-2), and Lehigh (10-1).
MONTREAL — The Quebec government on Thursday reasserted the right of Quebecers to live and work in French, as it tabled a major reform to the province's signature piece of language legislation, known as Bill 101. Simon Jolin-Barrette, minister responsible for the French language, said the goal of Bill 96 is to affirm that French is the province's only official language and the common language of the Quebec nation. Jolin-Barrette and Premier François Legault said they introduced the legislation in response to studies indicating French is on the decline, especially in Montreal. "French will always be vulnerable because of Quebec’s situation in North America," Legault told reporters. "In that sense, each generation that passes has a responsibility for the survival of our language, and now it’s our turn." The 100-page bill, if passed, would toughen sign laws and strengthen language requirements for businesses, governments and schools. It would create a new French-language commissioner and extend language requirements to businesses with 25 employees or more, down from 50. Government agencies would have to use French exclusively in their written and oral communications, with few exceptions, while businesses would have to ensure the "net predominance" of French on signs that include more than one language. Other provisions would cap enrolment at English junior colleges, grant new powers to the French-language watchdog and create additional support for new immigrants and businesses who want to improve their grasp of the language. Jolin-Barrette said a "fundamental" element of the bill would further enshrine the right to work and be served in French, including by allowing citizens to file complaints with the language watchdog against stores that don't serve them in the official language. "What we tabled today is about the fundamental right to be served or to be informed in French," he said. The law, also known as the Charter of the French Language, was adopted in 1977 by the government of René Lévesque. While Legault described the bill as the most significant step to protect the French language since Bill 101, he stopped short of including some of the most contentious demands from hardliners, such as banning French students from attending English junior colleges altogether or requiring commercial signage to be only in French. The bill creates a mechanism to strip municipalities of their bilingual status if their populations fall below a 50 per cent threshold of English speakers. But the legislation also allows municipalities to maintain their bilingual statuses if their councils vote to do so. The premier described these "compromises" as proof the bill is reasonable and does not infringe on the rights of English speakers. Legault said the entire bill is covered by the notwithstanding clause, which shields legislation from court challenges over violations of rights guaranteed in the Canadian Charter of Rights and Freedoms. He defended the use of the clause, which he described as a "legitimate tool" to balance individual and collective rights. "We not only have the right, but we have the duty to use the notwithstanding clause, especially when the very foundation of our existence as a French-speaking nation is in play." Legault and Jolin-Barrette said the bill also proposes amending Canada’s Constitution to affirm Quebec forms a nation with French as its official language. Jolin-Barrette suggested Quebec has the right to unilaterally amend the section of the Constitution that outlines legislative powers of the provinces. The premier said he would send a letter to the other premiers and Prime Minister Justin Trudeau to explain the bill. The leader of the sovereigntist Parti Québécois accused Legault's government of doing the "bare minimum" to protect French and said the bill fails to take action in several crucial areas. Paul St-Pierre Plamondon said Bill 96 takes no steps to control the entry of non-French-speaking immigrants, to bar French speakers from attending English colleges, or to ensure businesses don't unnecessarily require English as a condition of hiring. The Canadian Federation of Independent Business expressed concern the law could create extra red tape and expenses for small and medium-sized businesses, which are already struggling with COVID-19. The organization said a majority of businesses it surveyed — 56 per cent — were opposed to additional language laws, with stronger opposition in Montreal and Quebec City. The group, however, praised the bill for including a promise to create a body that would provide additional resources for French-language instruction to businesses and individuals. In Ottawa, federal Official Languages Minister Melanie Joly said the government will study the bill carefully. "The situation of French in the country is special, and the government has the responsibility to protect and promote French not only outside Quebec, but within Quebec," she said. "Our government intends to do its part while continuing to protect the right of linguistic minorities." The bill, which contains about 200 amendments, will undergo a period of intense debate and scrutiny before it is adopted. Legault has said he'll launch a series of consultations this fall on the place of the French language in Quebec. This report by The Canadian Press was first published May 13, 2021. Morgan Lowrie, The Canadian Press
Canada on Thursday condemned Tehran's "unconscionable" conduct since Iranian forces shot down an airliner last year, killing 176 people, including dozens of Canadians, and vowed to keep pressing for answers as to what really happened. The comments by Foreign Minister Marc Garneau were among the strongest Ottawa has made about the January 2020 disaster. "The behavior of the Iranian government has been frankly unconscionable in this past 15 months and we are going to continue to pursue them so we have accountability," Garneau told a committee of legislators examining what occurred.
The pile of cash won't solve all the company's numerous problems, but it certainly won't hurt.
No more greasy fingers. 🍗