A rebound for oil prices will help out Alberta’s treasury, but those working in the industry are still waiting and hoping for a demand for their services to return.
A rebound for oil prices will help out Alberta’s treasury, but those working in the industry are still waiting and hoping for a demand for their services to return.
Casey Wasserman has raised the curtain on Wasserman Music, a new powerhouse player in music built on the back of Paradigm’s former music division. Wasserman on Wednesday completed the complicated transaction that saw Paradigm sever off its music operation for sale as the company faced a spiraling financial crisis last year amid the hardships imposed […]
DraftKings appointed supermodel Gisele Bündchen as a special adviser to the sports-wagering company on environmental, social and governance issues. Bündchen, an environmental activist and philanthropist, is married to Tom Brady, the seven-time NFL Super Bowl champion quarterback. In its first collaboration with Bündchen, DraftKings set a goal of planting 1 million trees by Earth Day […]
Mahamat, 37, is the same age as the late Idriss Déby when he seized power in 1990.
(Bloomberg) -- UiPath Inc. climbed in its trading debut, opening at $65.50 after the automation software maker and its shareholders raised $1.3 billion in an initial public offering.The shares were up 20% at 12:38 p.m. in New York, giving UiPath a market valuation of $35 billion and a fully diluted value, including employee stock options and restricted stock units, of about $38 billion. The company and investors sold almost 24 million shares on Tuesday for $56 each.The stock priced above a marketed range, but gave the company a lower value than it reached in a February funding round.UiPath raised $750 million in that fundraising round, valuing it at $35 billion. The round was led by Alkeon Capital and Coatue, according to a statement at the time. A dip in some software stocks since then -- including Snowflake Inc., which is down 18% from Feb. 1 -- played a part in the IPO pricing decision, said a person familiar with the matter who asked not to be identified because the information was private.That valuation was still triple that in July, when the company said it was valued at $10.2 billion in a funding round, up from a valuation of $7 billion in a 2019 round.In the IPO, UiPath sold about 9.4 million shares while shareholders including its chairman and backers Accel and Alphabet Inc.’s investment fund offered 14.5 million, according to its filings.Started in an apartment in Romania with 10 people in 2005, UiPath now has a presence in close to 30 countries, Chief Executive Officer and co-founder Daniel Dines wrote in a letter to investors. “Starting a company from a small place with no market has a hidden advantage: It forces you to think globally from day one,” he wrote.CEO’s ControlDines, who is also chairman, owns all of UiPath’s Class B shares, which represent 88.2% of the voting power in the company, the filing shows.UiPath, now based in New York, reported a net loss of $92 million on $608 million revenue in the 2021 fiscal year ending Jan. 31. Its net loss narrowed from $520 million a year ago thanks to foreign exchange gains. It had $336 million in revenue a year earlier.The offering was led by Morgan Stanley and JPMorgan Chase & Co.. UiPath‘s shares are trading on the New York Stock Exchange under the symbol PATH.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
AI and Big Data Powered EDR Outperforms Human Approaches in Delivering Complete Visibility, Real-Time Detections, and Unparalleled Simplicity
WASHINGTON — The Justice Department is opening a sweeping investigation into policing practices in Minneapolis after a former officer was convicted in the killing of George Floyd there, Attorney General Merrick Garland announced Wednesday. The decision comes a day after former officer Derek Chauvin was found guilty of murder and manslaughter in Floyd's death last May, setting off a wave of relief across the country. The death prompted months of mass protests against policing and the treatment of Black people in the U.S. The Justice Department was already investigating whether Chauvin and the other officers involved in Floyd's death violated his civil rights. "Yesterday’s verdict in the state criminal trial does not address potentially systemic policing issues in Minneapolis," Garland said. The new investigation is known as a “pattern or practice" — examining whether there is a pattern or practice of unconstitutional or unlawful policing — and will be a more sweeping probe of the entire police department and may result in major changes to policing there. It will examine the use of force by police officers, including force used during protests, and whether the department engages in discriminatory practices. It will also look into the department’s handling of misconduct allegations and its treatment of people with behavioural health issues and will assess the department's current systems of accountability, Garland said. A senior Justice Department official said prosecutors chose to announce the probe a day after the verdict because they did not want to do anything to interfere with Chauvin's trial. The official would not discuss details of the investigation publicly and spoke on condition of anonymity. Three other ex-Minneapolis police officers charged in Floyd’s death will be tried together beginning Aug. 23. The official said their trial is far enough off that officials believed it was still appropriate to make the announcement Wednesday, even though they are still awaiting trial on state charges. It’s unclear whether the years under investigation will begin when Floyd died or before. Garland said a public report would be issued, if the department finds a pattern or practice of unconstitutional policing. The department could also bring a lawsuit against the police department, which in the past have typically ended in settlement agreements or consent decrees to force changes. The Minneapolis Police Department is also being investigated by the Minnesota Department of Human Rights, which is looking into the department’s policies and practices over the last decade to see if it engaged in systemic discriminatory practices. Minneapolis Mayor Jacob Frey said city officials “welcome the investigation as an opportunity to continue working toward deep change and accountability in the Minneapolis Police Department.” The city council also issued a statement supporting the investigation, saying its work had been constrained by local laws and that it welcomes “new tools to pursue transformational, structural changes to how the City provides for public safety.” The Justice Department official said attorneys from the department’s civil rights division are on the ground in Minneapolis, working with the U.S. attorney’s office and have been speaking with community groups and others. Floyd, 46, was arrested on suspicion of passing a counterfeit $20 bill for a pack of cigarettes at a corner market. He panicked, pleaded that he was claustrophobic and struggled with police when they tried to put him in a squad car. They put him on the ground instead. The centerpiece of the case was bystander video of Floyd, handcuffed behind his back, gasping repeatedly, “I can’t breathe,” and onlookers yelling at Chauvin to stop as the officer pressed his knee on or close to Floyd’s neck for what authorities say was about 9 1/2 minutes, including several minutes after Floyd’s breathing had stopped and he had no pulse. Floyd's death May 25 became a flashpoint in the national conversation about the deaths of Black Americans at the hands of law enforcement and sparked worldwide protests. At trial, Chauvin's defence attorney persistently suggested Chauvin’s knee wasn’t on Floyd’s neck for as long as prosecutors argued, suggesting instead it was across Floyd’s back, shoulder blades and arm. The decision to announce a sweeping Justice Department investigation comes as President Joe Biden has promised his administration would not rest following the jury's verdict in the case. In a Tuesday evening speech, he said much more needed to be done. “‘I can’t breathe.’ Those were George Floyd’s last words,” Biden said. “We can’t let those words die with him. We have to keep hearing those words. We must not turn away. We can’t turn away.” The Justice Department had previously considered opening a pattern or practice investigation into the police department soon after Floyd’s death, but then-Attorney General Bill Barr was hesitant to do so at the time, fearing that it could cause further divisions in law enforcement amid widespread protests and civil unrest, three people familiar with the matter told the AP. Garland said the challenges being faced “are deeply woven into our history.” "They did not arise today or last year,” Garland said. “Building trust between community and law enforcement will take time and effort by all of us, but we undertake this task with determination and urgency knowing that change cannot wait." ___ Forliti contributed to this report from Minneapolis. ___ Find AP’s full coverage of the death of George Floyd at: https://apnews.com/hub/death-of-george-floyd. Michael Balsamo And Amy Forliti, The Associated Press
Capes, flags and helmet-like hats dominated the Burberry catwalk on Wednesday in what designer Riccardo Tisci described as a "modern armour" collection for women this winter. In a runway presentation filmed at the British brand's flagship London Regent Street store, models strutted in an array of outerwear adorned in faux fur as well as block coloured dresses with fluttering fringes and cape-like sleeves. Tisci, who joined Burberry in 2018, put capes on the back of jackets, dresses and coats - including the label's trademark trench.
Shares of mobile games platform Skillz (NYSE: SKLZ), the successful 2020 SPAC IPO that's lost most of its gains over the last couple of months, are taking investors for another wild ride this week. In one decline before today, Skillz stock dropped 11.1% below its Friday close on no apparent bad news. Skillz hasn't ever earned a profit, and its losses and cash burn surged last year (partly as a consequence of expenses incurred during the IPO).
The Atlanta Dream have fired president and general manager Chris Sienko. “The Dream and Chris Sienko have parted ways,” the team said in a statement provided to The Associated Press on Wednesday. The Dream won a franchise-record 23 games in the 2018-19 regular season and reached the semifinals of the playoffs.
Ten “recovered” workers living in Westlite Woodlands Dormitory were found to be infected with COVID-19, the Ministry of Manpower said late Wednesday (21 April).
Britain will crack down on online scams and make platforms that make money from advertising financial products more accountable, financial services minister John Glen said on Wednesday. A report into the collapse of London Capital & Finance investment firm recommended that the government should consider including financial fraud in its proposed law on online safety. LCF was authorised by the Financial Conduct Authority but the mini-bonds it sold online were unregulated.
EXCLUSIVE: Retiring after a 12 season career with the New England Patriots in which he was part of three Super Bowl winning teams and was chosen MVP of Super Bowl LIII, wide receiver Julian Edelman has caught a second act. He and his Coast Productions partner Assaf Swissa have made an overall deal at ViacomCBS. […]
The justice department announces probe into city police practices after George Floyd murder verdict.
The salon will use augmented reality to show styles and colours on clients before they have their hair done.
Are you okay with paying to receive mail from a member of City Council? For most in Brampton and Mississauga, that’s not a hypothetical question. Significant sums of taxpayer money are spent on newsletter communications in both cities. In Mississauga and the Region of Peel councillors expense their newsletters, while in Brampton a budget is set aside for these pieces of communication. The numbers for 2020 were recently released: $132,916.31 was spent by councillors from both cities at the higher level of local government; an additional $93,425.42 from the City of Brampton budget was spent; and $63,444 by councillors in Mississauga from City accounts. Brampton Mayor Patrick Brown incurred the highest newsletter cost for Region of Peel communication, with 27 percent of all regional newsletter expenses spent on his account. His $35,548.26 regional newsletter was sent to every Brampton resident. Brown’s share of local costs for his City newsletter and greeting cards, paid for by Brampton taxpayers, is unclear. Brown said that geography, having to cover the whole city, is the reason for his high newsletter costs. Mississauga Mayor Bonnie Crombie, unlike Brown, did not use any money from the Regional newsletter budget. Brown did not respond to questions about why he sends out newsletters which promote himself. He also sent out holiday greeting cards last year paid for by Brampton taxpayers under the City’s budget. Brampton currently allows two printed ward newsletters annually, one can be substituted for holiday greeting cards. City staff offer an à la carte selection of pre-written articles for councillors to include in their printed newsletters, along with a personalized message. These newsletters typically highlight the names and images of council members. It’s not clear why greetings cards, which provide little City information, are allowed. Last year, in the face of COVID-19, ward newsletters were replaced with “a city-wide COVID-19 update” according to a City of Brampton spokesperson, who said the communication cost was $47,303 to print and mail. A fall newsletter was produced for councillors, but Brown opted to send holiday greeting cards instead. City staff say it included details of his New Year’s Levee and outdoor amenities. The total 2020 cost for Brampton’s newsletter communications was $93,425.42, excluding tax. During the 2021 budget process, Brown once again demanded there be no increase in overall spending, to achieve his third consecutive tax freeze, but the newsletter budget was increased dramatically to $303,000 to accommodate four digital newsletters per year, beginning in fall 2021. This is more than three times what was spent in 2020. This is in addition to the cost at the Region of Peel that some regional councillors can also take advantage of. Using monthly expense reports at the City of Mississauga, The Pointer calculated that Mississauga’s City Council members claimed $63,444 in local newsletter-related costs in 2020. The previous year posed a number of challenges for council members and their constituents. The novel coronavirus arrived in Peel in March of last year, triggering a series of shutdowns and reopenings that are still ongoing. Schools were empty, businesses shuttered and gatherings prohibited. A mismatch of stages, phases and colour-coded zones trickled down from the provincial government, bamboozling City staff, councillors and Peel residents. Regular email blasts using newsletter applications such as MailChimp, coupled with swift and adept social media messaging, are important to keep residents up to date. Some residents, including many seniors, would also benefit from regularly printed communications. But that’s not what the bulk of funds spent on newsletters for elected officials in Brampton or Mississauga were dedicated to last year. Instead, 46 percent of all newsletter costs were dedicated to Region of Peel mail blasts for certain councillors, with one newsletter per official, per year. Instead of up-to-date communications at a time when policies and pandemic dynamics were fluid, taxpayers in Peel Region paid for communications more akin to an annual flyer or school yearbook from some of their council members. For each councillor that signs up, staff at the Region of Peel mail an annual update to every one of their residents. Of Peel’s Regional Councillors many from Mississauga opted out of the scheme: Karen Ras (Ward 2), Carolyn Parrish (Ward 5), Matt Mahoney (Ward 8), Pat Saito (Ward 9), George Carlson (Ward 11) and Mayor Crombie. Opting out saved taxpayers a minimum of tens of thousands of dollars. Parrish, who did not use any money from her City of Mississauga budget either, did not charge taxpayers a cent for newsletters in 2020. There are some issues with a yearly newsletter. Even residents staying away from a computer or smartphone will be familiar with most annualized topics, while a COVID news agenda means some elements could be out of date before the ink even touches the page. Perhaps cognizant of how quickly the news cycle has changed, Brown’s end of year regional newsletter for 2020 did not include the word “COVID” even once. If the content of annualized newsletters is outdated and of little service to residents, there is a danger taxpayer dollars are being used primarily to get the names and pictures of councillors out to the public, in an election campaign type of promotion. Turnouts in municipal elections are notoriously low, and hovered around the 35 percent mark in Peel in the last few elections. For an uninterested local electorate, name recognition can play a significant part in returning the same councillors to office time and time again. “One of the sub-components that are really important in shaping incumbency advantage overall is what’s called the personal vote,” Jack Lucas, an associate professor at the University of Calgary who researches the electoral advantage held by sitting councillors, told The Pointer. “This is the personal reputation and relationship that an incumbent is able to build with constituents that’s distinctive to their role as an incumbent.” This advantage is one challengers simply don’t have. It is based on the help a councillor can offer residents, decisions they are able to make or the photo-opportunities they can attend. Crystallizing this unique advantage in a glossy, taxpayer-funded printed newsletter can compound it further. “I think this is characteristic of a larger debate about incumbency advantage in local politics,” Lucas added. “On the one hand we do want our local representatives to be doing what they can to keep constituents informed about what they are up to, even if they’re going to put the best possible spin on that, it’s still information that their constituents might not get in other ways about what issues are on the table. On the other hand, there is little question that this does give already advantaged incumbents an even greater advantage.” The expensive regional newsletter scheme in Peel has its usefulness hampered by its regularity. The annualized mail blast is a questionable strategy for genuine communication because different people receive information in different ways and understanding the nuances of how your residents need to be informed up-to-the-minute is vital to serving them. Some rely on print, some on their computer: annual updates offer neither in a timely way. In its current form, councillor communication is a network of overlapping offerings, without an overall strategy. Many councillors sign up for the expensive and annualized newsletter sent out by the Region of Peel, offering at least one print notice to their residents per year. More send print communications from their local account, while email blasts are another popular route. Facebook and Twitter are regularly used by council members for communication and advocacy, often with taxpayer-funded staff doing much of the work. Brown has a team of staff who work on his social media posts, putting together videos, doing editing and writing and taking photos of him to blanket all of Brampton with his image, all paid for by the city’s taxpayers. While this covers a spectrum of communication techniques, it is an expensive scattergun approach. Residents who aren’t online or do not care for the constant messages put out by local elected officials, while printed newsletters go straight to the recycling bin, have little choice about how their own money is being used by the people they elect to represent their interests. Dr. Kate Maddalena, a professor with Institute of Communications, Culture, Information and Technology at the University of Toronto Mississauga, says councils and councillors should do the groundwork to understand what their residents want. “There is an amount worth investing, not just once but regularly because these things change,” she told The Pointer, suggesting every three years could be a prudent timescale to study how residents communicate. “It’s worth it to find out how people want to get their information and how they are getting their information.” Undertaking research may come at an upfront cost, but would put resident needs (and not councillor promotion) at the heart of communication policy. Online communication options are vast and can be tailored to different demographics. Tweets, Facebook or Whatsapp groups and email newsletters are all available to serve residents. Print too has numerous forms. Councillors could save on the cost of posting a letter to every resident in their ward by writing op-eds in community newspapers or taking out full page adverts to communicate the same information, using someone else’s distribution network. At the Region of Peel, aside from Brown, Mississauga Ward 4 Councillor John Kovac and Ward 7 Councillor Dipika Damerla spent $22,659.99 and $18,291.43, respectively, the most after Brampton’s mayor. Like Brown, Kovac and Damerla’s expenses can — at least partially — be explained by the size of their wards. Data from the 2016 Census show 72,700 people live in Ward 4 and 80,700 live in Ward 7, with both areas among the denser and more condo-friendly parts of Mississauga. “As a Councillor, communicating with my residents is one of the most important functions of my office,” Damerla told The Pointer in an email. “Last year I provided residents with three newsletters, two from the City of Mississauga and one from the Region of Peel. The costs for the newsletter are largely determined by the number of copies you need to print and the number of residents you have to send them to. My ward has the highest population in Peel Region, so my printing and Canada Post costs will be higher as a result. The newsletters deliver important community information to residents and meets them right at their doorstep.” Damerla’s newsletter does provide residents with some evergreen information unlikely to be covered by local media, including a notification that the City intends to purchase parkland in her ward. The councillor also issues a regular and detailed digital communication providing timely information around issues such as COVID-19 vaccine appointments and directing residents to her website for further updates. Learning more about her constituents and how they receive their news could allow these strategies to compliment each other and be more ward-specific, rather than offering duplication with other information resources provided by the City of Mississauga and the Region of Peel. A recent issue experienced by Kovac, and driving the cost of his newsletter up, also hints at problems when governments or councillors simply blast printed newsletters at residents. The original print run for Ward 4’s regional newsletter came in at $10,582, but several apartment buildings mistakenly blocked the newsletters as junk mail, necessitating a reprint that pushed the cost up to $12,785.38. “I just think this is still the tried, tested and true method,” Kovac said, telling The Pointer he focuses his newsletters on the municipal issues that raise the most complaints and confusion. “I just know that too many residents count on it and they’re not either comfortable or capable yet of being able to get that information ... in electronic form.” The circulation of print newspapers in Canada has fallen dramatically over the past decade, while many companies have taken their marketing strategies nearly entirely digital. That doesn’t mean print communication isn’t useful in certain situations — the continued reliance of the real estate industry on written materials is testament to this — but it means printing is no longer the default answer to communication with constituents. For digital-native generations, raised on social media, it is easy to see printing newsletters for residents as a total waste of taxpayer money, but there are some sections of the community where the practice is beneficial, to provide some updates, even if the timeliness is questionable. But even for these residents, who may prefer printed materials or lack the tools needed for regular internet updates, communication should be provided more regularly than once or twice per year. “If you are looking at the situation in India, it is quite different from the situation in North America; print publications are on the rise,” Dr Lilia Topouzova, a historian and communications professor with the University of Toronto, explained, highlighting the need to understand cultural preferences and socioeconomic realities for residents. Many in Peel’s large South Asian-Canadian community might still prefer print if it’s what they were raised with before arriving here. Other factors come into play. “If you’re looking at communities, even within Canada, you have to think about who has access to the internet, who has access to good broadband connections,” Topouzova said. For elected officials in Peel, undertaking research could unlock their newsletters. In their current form, an annual mailblast from the region provides an opportunity to stay in touch and summarize key themes for the year, but the immediate benefits of such a costly approach are unclear. “Finding out how people want that information is key,” Maddalena emphasized. Email: email@example.com Twitter: @isaaccallan Tel: 647 561-4879 COVID-19 is impacting all Canadians. At a time when vital public information is needed by everyone, The Pointer has taken down our paywall on all stories relating to the pandemic and those of public interest to ensure every resident of Brampton and Mississauga has access to the facts. For those who are able, we encourage you to consider a subscription. This will help us report on important public interest issues the community needs to know about now more than ever. You can register for a 30-day free trial HERE. Thereafter, The Pointer will charge $10 a month and you can cancel any time right on the website. Thank you. Isaac Callan, Local Journalism Initiative Reporter, The Pointer
Tesla Inc came under increased pressure in China on Wednesday from regulators and state media after Monday's protest by a disgruntled customer at the Shanghai auto show went viral and forced the electric car maker into a rare apology. The singling-out of Tesla in China, which accounts for 30% of the U.S. firm's global sales and where it makes cars at its own factory in Shanghai, comes amid ongoing U.S.-China tensions and as other foreign firms have encountered backlash. Late on Wednesday, China's market regulator urged Tesla to ensure product quality in the country, while the official Xinhua news agency said that Tesla's apology was "not sincere".
The former Minneapolis police officer is being held in a single cell away from the general population in Minnesota's most secure prison as he awaits sentencing for the murder of George Floyd.
Cleveland (Ohio) [US], April 21 (ANI): Women at high risk of breast cancer face cost-associated barriers to care even when they have health insurance, a new study has found.
“See apparitions walking around the grounds in broad day,” the listing said.
Istari Oncology, Inc., a clinical-stage biotechnology company, today announced the publication of "A phase 1 trial of intratumoral PVSRIPO in patients with unresectable, treatment-refractory melanoma" in the BMJ’s Journal for ImmunoTherapy of Cancer. The results of this study suggest that PVSRIPO holds promise for patients with advanced melanoma refractory to both PD-1 inhibitors and BRAF-targeted therapy.1