DT Midstream Announces Pricing of Offering of Senior Secured Notes
Tulsa fires head coach Kevin WilsonA recent study that recommended toxic chemicals in black plastic products be immediately thrown away included a math error that significantly overstated the risks of contamination, but its authors are standing by their conclusions and warn against using such products. Published in the peer-reviewed journal Chemosphere , experts from the nonprofit Toxic-Free Future said they detected flame retardants and other toxic chemicals in 85% of 203 items made of black plastic including kitchen utensils , take-out containers, children's toys and hair accessories. In a blog post, Joe Schwarcz, director of McGill University's Office for Science and Society in Canada, explained that the Toxin-Free Future scientists miscalculated the lower end of what the EPA considered a health risk through a multiplication error. Instead of humans being potentially exposed to a dose of toxic chemicals in black plastic utensils near the minimum level that the EPA deems a health risk, it's actually about one-tenth of that. (Dreamstime/TNS) The study initially said the potential exposure to chemicals found in one of the kitchen utensils approached the minimum levels the Environmental Protection Agency deemed a health risk. But in an update to the study, the authors say they made an error in their calculations and the real levels were "an order of magnitude lower" than the EPA's thresholds. The error was discovered by Joe Schwarcz, director of McGill University's Office for Science and Society in Canada. In a blog post, Schwarcz explained that the Toxin-Free Future scientists miscalculated the lower end of what the EPA considered a health risk through a multiplication error. Instead of humans being potentially exposed to a dose of toxic chemicals in black plastic utensils near the minimum level that the EPA deems a health risk, it's actually about one-tenth of that. Though Schwarcz said the risks outlined in the study aren't enough for him to discard his black plastic kitchen items if he had them, he agreed with the authors that flame retardants shouldn't be in these products in the first place. "The math error does not impact the study's findings, conclusions or recommendations," said Megan Liu, a co-author of the study who is the science and policy manager for Toxic-Free Future . She added that any traces of flame retardants or toxic chemicals in cooking utensils should be concerning for the public. Flame retardants are getting into commonly used items because black-colored products are being made from recycled electronic waste, such as discarded television sets and computers, that frequently contain the additives. When they're heated, the flame retardants and other toxic chemicals can migrate out. If you're wondering whether your old black plastic spoon or other utensils are a part of this group, Liu shared some more guidance. It's nearly impossible to know whether a black plastic product is contaminated. That's because these products that include recycled e-waste don't disclose a detailed list of all ingredients and contaminants in the product. Liu said it's also unclear how many types of flame retardants are in these black plastic products. Some of the products that researchers tested in this recent study "had up to nine different harmful chemicals and harmful flame retardants in them," she said. Anytime you're looking for the type of recycled plastic a product is made of you're going to look for a number within the chasing arrows (that form a triangle) logo. Recycling symbols are numbered 1 to 7 and we commonly associate the numbers with what we can toss in our blue recycling bins. The 1 through 7 numbers stand for, respectively, polyethylene terephthalate, high-density polyethylene, polyvinyl chloride (PVC), low-density polyethylene, polypropylene, polystyrene or Styrofoam, and miscellaneous plastics (including polycarbonate, polylactide, acrylic, acrylonitrile butadiene, styrene, fiberglass and nylon). The study found higher levels of toxic flame retardants in polystyrene plastic, which is labeled with the number 6, said Liu. There isn't a definitive timeline of when recycled electronic-waste started to be incorporated into black plastic products specifically, but e-waste started to get recycled in the early 2000s, Liu said. The way computers, cellphones, stereos, printers and copiers were being disposed of previously was to simply add them to a landfill without reusing salvageable parts. But as the National Conference of State Legislatures notes, electronics production required a significant amount of resources that could be recovered through recycling. Recovering resources such as metals, plastics and glass through recycling used a fraction of the energy needed to mine new materials. However, the study pointed out that flame retardants and other chemical contaminates have been detected in and near e-waste recycling facilities, in indoor air and dust at formal e-waste recycling facilities in Canada, China, Spain and the U.S. It also noted contamination in soil samples surrounding e-waste recycling sites in China and Vietnam. The safest nontoxic material options for kitchen utensil are wood and stainless steel. The 20th century brought airplanes, radio, television, the internet, and plastic. Lots of plastic. That plastic is now showing up on shorelines, forming islands in oceans, and generating mountains of translucent trash on land. Around 700 species of animals in the sea have been found to interact with plastic daily. Companies across every industry face pressure to reduce the amount of plastic they produce. Seventy-two percent of the world's largest have made voluntary commitments to reduce their plastic waste, according to a Duke University analysis. One industry, in particular, has greatly benefited from advancements in single-use plastic technology: the medical industry. Only in recent years have businesses and academics in the field begun to talk about minimizing their impact on our environment like beverage manufacturers and other consumer goods-producing businesses. Medical Technology Schools analyzed academic studies published in the National Library of Medicine , the American Medical Association , and news reports to shed light on the medical community's use of plastics through history, their environmental problems, and proposed solutions to reduce their impact. And the impact can be significant. A single hospital patient generates nearly 34 pounds of waste a day —as much as a quarter of it is plastic. The COVID-19 pandemic only worsened the problem. The pandemic pushed hospital capacity to the brink and led to a massive increase in personal protective equipment and medical supply usage. Medical-grade masks and other protective equipment like face shields, made mostly of nonrenewable plastics, were in high demand. In 2020, the World Health Organization estimated that the international need for PPE manufacturing would boost 40% to address the public health crisis. Hospitals needed an estimated 89 million masks, 76 million gloves, and 1.6 million goggles every month of the pandemic. To date, nearly 677 million COVID-19 vaccine doses have been administered, each requiring their own plastic syringe, according to data from the Centers for Disease Control and Prevention. Global consulting firm Frost & Sullivan estimated that the U.S. would produce a year's worth of medical waste in just two months due to the pandemic. The World Economic Forum warned that the COVID-19 crisis threatened to " stall and even reverse progress " to reduce large plastic waste. It's a challenge researchers acknowledge today as they search for solutions. Plastics introduced an era of ultraconvenience to the world. It makes our clothes. It's made bike helmets and airbags possible. And it's a cheap material to produce, meaning it's cheap for consumers too. Almost as importantly, it's durable and incredibly easy to make into complex shapes—a trait that helped plastics invented in the mid-20th century quickly replace more expensive metal and wooden goods. That adoption extended to the medical field, where the single-use nature of plastics represented a move toward more hygienic tools for physicians and hospitals. But it wasn't plastic's sanitary qualities that the industry first latched onto. Like so many other technical advancements, convenience and cost were the initial driving factors. That they were more conducive to creating a sterile environment for patients was a benefit that health care began to tout closer to the end of the 20th century. PVC, or polyvinyl chloride, replaced glass bottles previously used to hold IV solution and replaced rubber tubing used throughout hospital settings. Plastic has also become the go-to material for making syringes and catheters. Plastic products are generally made from chemicals derived from the oil and natural gas refining process. Chemists use those byproducts to create synthetic materials with malleable and durable chemical structures. The low cost of these materials has helped medical device-makers support better health outcomes for communities across the U.S. since the 1900s. No longer was health care priced at rates only the elite could afford—it was accessible to a much larger swath of the public. In the last decade, the U.S., in particular, has emerged as a massive market for medical plastics. The country generally accounts for nearly half of the global market for medical devices. Plastic's durability is not only a benefit but a detriment to the environment, as the material can take many years to deteriorate when it enters landfills or trashes oceans. Estimates vary widely, but scientists ballpark that depending on the kind of plastic and the environment in which it decomposes, it could take dozens to thousands of years to break down entirely. COVID-19, which remains a burden for health care systems, isn't the only force raising the stakes for a health care industry pressured to reduce reliance on plastics or find ways to reuse them. Global annual production of plastic has doubled in the last two decades , according to the Environmental Protection Agency. As the U.S. looks toward the future, its aging population is another factor that could exacerbate the rate at which medical plastics end up in landfills. People require more medical care as they age, and aging baby boomers are expected to place increased demand on the medical device industry. At the same time, governments are under pressure to lower health care costs, which have become unaffordable even for those insured . As recently as 2021, researchers lamented a lack of data on efforts to recycle medical plastics. Around 350 hospitals participate in Practice Greenhealth's Environmental Excellence Awards . Practice Greenhealth is an organization working to help hospitals increase their sustainability. It's one of the few sources of hospital sustainability data, and its roster of participating hospitals represents a small fraction of the more than 6,000 hospitals operating in the U.S. To meet the need to reduce plastic waste generation, some hospitals are moving away from using plastic in certain applications. Ronald Reagan UCLA Medical Center replaced health care workers' disposable plastic isolation gowns with reusable cloth gowns at its hospitals in the last decade, saving money and preventing literal tons of medical waste. It also implemented a process for sterilizing and incinerating the boxes that hold used needles, allowing them to be reassembled and reused in a health care setting. Recycling plastic medical waste is complicated by the potential for contamination and the need to separate contaminated and noncontaminated waste; once separated, they can be broken down with heat or treated with chemicals and reprocessed. However, using chemical methods to break down and dispose of plastics has drawbacks. Over 200 nongovernmental organizations signed a letter in 2023 urging the Biden administration to end federal support for methods like these, arguing they generate toxic pollutants. The Vinyl Council of Australia is working with hospitals to recover used materials made of PVC . The materials are broken down into tiny pieces, washed and heated at high temperatures, and remade into things used outside medical settings. In the U.S. and Europe, there's the Healthcare Plastics Recycling Council, a coalition of companies working in the health care device space that includes DuPont, Johnson & Johnson, and Medtronic. In 2021, the HPRC, advised by professionals at Kaiser Permanente and other health systems, rolled out a medical waste recycling pilot project with hopes of scaling it across more hospitals. Story editing by Ashleigh Graf. Copy editing by Paris Close. Photo selection by Clarese Moller. This story originally appeared on Medical Technology Schools and was produced and distributed in partnership with Stacker Studio. Sign up here to get the latest health & fitness updates in your inbox every week!
Our Favorite New Car Reveals of 2024TORRINGTON – Fighting back tears, Christina Bishop, the unsheltered programs manager for the Center for Human Development, said she is one missed paycheck away from becoming a member of the community she serves. “I just need one mistake,” she said Friday during the Northwest Connecticut Legislative Roundtable at Torrington Library. “And I do this work and the people who know me know I would crawl through the last of my chain to get my people’s needs met because that’s what they need. And I’m one paycheck away.” Bishop’s comments were met with nods from the audience and members of the panel, which included state Rep. Jay M. Case, R-Winsted; Deirdre Houlihan DiCara, executive director of FISH; Nancy Cannavo, director at The Gathering Place/New Beginnings; Anne Giordano, early childhood specialist at EdAdvance; Jessica Gueniat, director of Torrington Library; Julia Scharnberg, vice president of community engagement at Northwest CT Community Health Network; and Sarah Fox, CEO of the Connecticut Coalition to End Homelessness. The situation is even more dire than when the panel convened in November 2023. DiCara said FISH serves families, individuals and veterans experiencing homelessness at a 35-bed shelter. “We have seven children currently and five veterans as well,” she said. “We serve infants through seniors and they await placement in permanent supportive shelter.” Since the spring, the number of people served at the food pantry has increased by 700, she noted. “And on some occasions, pantry clients arrive in tears as they begin to notice that their landlord has increased their rent, and they can no longer afford their apartment of 20 or 30 years under Social Security income,” DiCara said. Cannavo said The Gathering Place is experiencing a similar trend, with 604 new clients coming through its doors. “That is outrageous,” she said. “It’s unacceptable. ... That’s a large, large number and we need this funding to keep them warm in the winter.” With the cold-weather months looming, the shelters are going to be relied upon even further. “We nonprofits are greatly challenged to fund rates to keep our shelter doors open as funding through the (state) Department of Housing only comes about half to three-quarters of the cost of operating a shelter,” DiCara said. “The homeless should have and deserve a line item in the annual (state) budget to cover the cost of operating ... shelters around the state.” Case noted the state allocated $4.5 million in American Rescue Plan Act and bonding funds to tackle the issue of homelessness, including funding shelters, but those funds are separate from the state’s biennial budget. “I don’t want to enable homelessness,” he said. “I want to work to eradicate it. ... Money’s not going to fix it all. We want to talk about affordable housing. We want to talk about low-income housing. But to get these people into affordable housing, that housing has to have wraparound services with it because a lot of these people need the help to sustain themselves while they’re living day to day.” Fox, who said she experienced homelessness herself, cited legislative goals of the Waterbury-Litchfield County Coordinated Access Network: increase and annualize funding for homeless response and cold weather emergency services; boost homelessness prevention funding to help people overcome financial barriers such as a missed month of rent or help with utilities; invest in permanent supportive housing; tax incentives for housing people experiencing homelessness; decriminalize homelessness and increase investment in the 2-1-1 housing crisis line. Fox said there are families in the area living in tents at campgrounds with no running water, bathrooms or electricity. “There were eight children living in that environment throughout the summer,” she said, noting being unhoused is a traumatic experience for everyone, particularly kids. “One family experienced COVID during that period so they were trying to manage their family in that situation.” Those families are now all housed, but she said the number of homeless continues to rise as the temperature drops. “At the state level, we have to do better,” she said.
FLORIDA GULF COAST 60, FLORIDA INTERNATIONAL 59SADO, Japan (AP) — Japan held a memorial ceremony on Sunday near the Sado Island Gold Mines , listed this summer as a UNESCO World Heritage site after the country moved past years of historical disputes with South Korea and reluctantly acknowledged the mines' dark history. However, it has not offered an apology. At these mines, hundreds of Koreans were forced to labor under abusive and brutal conditions during World War II, historians say. Japanese officials at Sunday’s ceremony time paid tribute for the first to “all workers” including Korean laborers who died at the mines, without acknowledging they were forced laborers — part of what critics call a persistent policy of whitewashing Japan's history of sexual and labor exploitation before and during the war. The ceremony, supposed to further mend wounds, renewed tensions between the two sides. South Korea boycotted Sunday's memorial service citing unspecified disagreements with Tokyo over the event. “As a resident, I must say (their absence) is very disappointing after all the preparations we made,” said Sado Mayor Ryugo Watanabe. “I wish we could have held the memorial with South Korean attendees.” The Associated Press explains the Sado mines, their history and the controversy. The 16th-century mines on the island of Sado, about the size of the Pacific island of Guam, off the western coast of Niigata prefecture, operated for nearly 400 years, beginning in 1601, and were once the world’s largest gold producer. They closed in 1989. During the Edo period, from 1603 to 1868, the mines supplied gold currency to the ruling Tokugawa Shogunate. Today, the site has been developed into a tourist facility and hiking site where visitors can learn about the changes in mining technology and production methods while looking at the remains of mine shafts and ore dressing facilities. Critics say the Japanese government only highlights the glory of the mines and covers up its use of Korean victims of forced labor and their ordeals. The mines were registered as a cultural heritage site in July after Japan agreed to include an exhibit on the conditions of Korean forced laborers and to hold a memorial service annually after repeated protests from the South Korean government. A few signs have since been erected, indicating former sites of South Korean laborers’ dormitories. A city-operated museum in the area also added a section about Korean laborers, but a private museum attached to the main UNESCO site doesn't mention them at all. At the UNESCO World Heritage Committee July meeting, the Japanese delegate said Tokyo had installed new exhibition material to explain the “severe conditions of (the Korean laborers’) work and to remember their hardship.” Japan also acknowledged that Koreans were made to do more dangerous tasks in the mine shaft, which caused some to die. Those who survived also developed lung diseases and other health problems. Many of them were given meager food rations and nearly no days off and were caught by police if they escaped, historians say. But the Japanese government has refused to admit they were “forced labor.” South Korea had earlier opposed the listing of the site for UNESCO World Heritage on the grounds that the Korean forced laborers used at the mines were missing from the exhibition. South Korea eventually supported the listing after consultations with Japan and Tokyo’s pledge to improve the historical background of the exhibit and to hold a memorial that also includes Koreans. Historians say Japan used hundreds of thousands of Korean laborers, including those forcibly brought from the Korean Peninsula, at Japanese mines and factories to make up for labor shortages because most working-age Japanese men had been sent to battlefronts across Asia and the Pacific. About 1,500 Koreans were forced to work at the Sado mines, according to Yasuto Takeuchi, an expert on Japan’s wartime history, citing wartime Japanese documents. The South Korean government has said it expects Japan to keep its pledge to be truthful to history and to show both sides of the Sado mines. “The controversy surrounding the Sado mines exhibit underscores a deeper problem” of Japan’s failure to face up to its wartime responsibility and its growing “denialism” of its wartime atrocities, Takeuchi said. All workers who died at the Sado mines were honored. That includes hundreds of Korean laborers who worked there during Japan’s 1910-1945 colonization of the Korean Peninsula. At Sunday’s ceremony, four Japanese representatives, including central and local government officials and the head of the organizing group, thanked all mine workers for their sacrifice and mourned for those who died. None offered any apology to Korean forced laborers for the harsh treatment at the mines. Attendants observed a moment of silence for the victims who died at the mines due to accidents and other causes. The ceremony dredged up long-standing frustrations in South Korea. About 100 people, including officials from Japan’s local and central government, as well as South Korean Foreign Ministry officials and the relatives of Korean wartime laborers, were supposed to attend. Because of South Korea's last-minute boycott, more than 20 seats remained vacant. The Foreign Ministry said in a statement Saturday it was impossible to settle the disagreements between both governments before the planned event on Sunday, without specifying what those disagreements were. There has been speculation that the South Korean boycott might have been due to the presence of parliamentary vice minister Akiko Ikuina at Sunday's ceremony. In August 2022, Ikuina reportedly visited Tokyo’s controversial Yasukuni Shrine , weeks after she was elected as a lawmaker. Japan’s neighbors view Yasukuni, which commemorates 2.5 million war dead including war criminals, as a symbol of Japan’s past militarism. Her visit could have been seen as a sign of a lack of remorse. Some South Koreans criticized the Seoul government for throwing its support behind an event without securing a clear Japanese commitment to highlight the plight of Korean laborers. There were also complaints over South Korea agreeing to pay for the travel expenses of Korean victims’ family members who were invited to attend the ceremony. Critics say Japan’s government has long been reluctant to discuss wartime atrocities. That includes what historians describe as the sexual abuse and enslavement of women across Asia, many of them Koreans who were deceived into providing sex to Japanese soldiers at frontline brothels and euphemistically called “comfort women,” and the Koreans who were mobilized and forced to work in Japan, especially in the final years of World War II. Korean compensation demands for Japanese atrocities during its brutal colonial rule have strained relations between the two Asian neighbors, most recently after a 2018 South Korean Supreme Court ruling ordered Japanese companies to pay damages over their wartime forced labor. Japan’s government has maintained that all wartime compensation issues between the two countries were resolved under the 1965 normalization treaty. Ties between Tokyo and Seoul have improved recently after Washington said their disputes over historical issues hampered crucial security cooperation as China’s threat grows in the region. South Korea’s conservative President Yoon Suk Yeol announced in March 2023 that his country would use a local corporate fund to compensate forced labor victims without demanding Japanese contributions. Japan’s then-Prime Minister Fumio Kishida later expressed sympathy for their suffering during a Seoul visit. Security, business and other ties between the sides have since rapidly resumed. Japan’s whitewashing of wartime atrocities has risen since the 2010s, particularly under the past government of revisionist leader Shinzo Abe . For instance, Japan says the terms “sex slavery” and “forced labor” are inaccurate and insists on the use of highly euphemistic terms such as “comfort women” and “civilian workers” instead. Takeuchi, the historian, said listing Japan’s modern industrial historical sites as a UNESCO World Heritage is a government push to increase tourism. The government, he said, wants “to commercialize sites like the Sado mines by beautifying and justifying their history for Japan’s convenience.” Associated Press writer Kim Tong-hyung in Seoul, South Korea contributed to this report.
Patrick Mahomes: Bryce Young 'Played His Tail Off' in Chiefs Win vs. Panthers
NEW YORK (AP) — Free agent pitchers Luis Gabriel Moreno and Alejandro Crisostomo were suspended for 80 games each by Major League Baseball on Friday following positive tests for performance-enhancing substances under the minor league drug program. Moreno tested positive for Nandrolone, and Crisostomo tested positive for Boldenone and Nandrolone, the commissioner’s office said. A 26-year-old right-hander, Moreno was released by the New York Mets’ Class A Brooklyn Cyclones on Tuesday. He was 5-1 with a 5.33 ERA in 12 relief appearances this season for Brooklyn after spending 2016-23 in the San Francisco Giants organization. Crisostomo, a 24-year-old right-hander, was released by Minnesota on Aug. 24 after going 0-1 with a 7.13 ERA this year with the Florida Complex League Twins. He signed with Boston in 2017, spent 2018 in the Dominican Summer League with the Red Sox, then signed with Minnesota and spent 2023 with the Twins DSL team. Nineteen players have been suspended this year for positive drug tests, including eight under the minor league program and nine under the new program for minor league players assigned outside the United States and Canada. Two players have been suspended this year under the major league drug program. Noelvi Marté , a 22-year-old infielder who is the Cincinnati Reds’ top prospect, missed the first 80 games following a positive test for boldenone. Toronto Blue Jays infielder Orelvis Martínez was suspended for 80 games on June 23 following a positive test for the performance-enhancing drug clomiphene, an announcement made two days after his major league debut . AP MLB: https://apnews.com/hub/mlb
Romania's pro-European Prime Minister Marcel Ciolacu was leading in the first round of presidential elections Sunday according to exit polls, with the far right not yet assured of a place in the second round, despite a breakthrough in support. With 25 percent of the vote according to two exit polls, Ciolacu appeared to be well ahead of far-right challengers looking to capitalise on this EU member's concerns about inflation and the war in neighbouring Ukraine. The same exit polls gave second place to centre-right former journalist turned small-town mayor Elena Lasconi at 18 percent, with two far-right candidates scoring 15 and 16 percent. In the absence of an outright winner in the first round -- scoring more than 50 percent -- the top two candidates go through to a second-round run-off in the poor NATO member on December 8. Ciolacu, a Social Democrat, is leading a field of 13 contenders in the race to take over from President Klaus Iohannis in the largely ceremonial post. He welcomed the exit polls putting him in the lead, but said all the votes would have to be counted before he knew who he would face in the second round. Lasconi too, was cautious. "The scores are very tight, it's not yet time to celebrate," said the 52-year-old politician. Far-right leader George Simion, 38, who some had forecast might take second place, is for the moment in fourth. Exit polls put him just behind the 62-year-old pro-Russian candidate Calin Georgescu. But Simion said Sunday evening: "We'll see the results of the ballot boxes at 11:00 pm (2100 GMT)." Ciolacu's party has shaped Romania's politics for more than three decades, and as he voted Sunday he promised stability and a "decent" standard of living. But political analyst Cristian Parvulescu told AFP: "The far right is by far the big winner of this election." Simion saw his popularity surge by tapping into voter anger over record inflation while promising more affordable housing. Looking for a new election breakthrough for European far-right parties, Simion warned of possible "fraud" and "foreign interference" when voting. But he added: "I am happy that we are giving Romanians hope and the prospect of a better future." The stakes are high for Romania, which has a 650-kilometre (400-mile) border with Ukraine and has become more important since Russia invaded its neighbour in 2022. The Black Sea nation now plays a "vital strategic role" for NATO -- as it is a base for more than 5,000 soldiers -- and the transit of Ukrainian grain, the New Strategy Center think tank said. Donald Trump's victory in the US presidential election has further "complicated" Romania's choice, political analyst Cristian Pirvulescu told AFP. Known for his fiery speeches, Simion is a Trump fan who sometimes dons a red cap in appreciation of his idol. Simion opposes sending military aid to Ukraine, wants a "more patriotic Romania" and frequently lashes out against what he calls the "greedy corrupt bubble" running the European Union. Having campaigned hard to win over Romania's large diaspora working abroad, he said the country had only "minions and cowards as leaders". Pirvulescu predicted that if Simion reached the second round his AUR party would get a boost in the December parliamentary election. "Romanian democracy is in danger for the first time since the fall of communism in 1989," he said. "I'm really afraid we'll end up with Simion in the second round," 36-year-old IT worker Oana Diaconu told AFP, expressing concern about the far-right leader's unpredictable nature and attacks on the European Union. The campaign was marked by controversy and personal attacks, with Simion facing accusations of meeting with Russian spies -- a claim he has denied. Ciolacu has been criticised for his use of private jets. Some observers had tipped Lasconi, now mayor of the small town of Campulung and head of a centre-right opposition party, as a surprise package. Sunday's exit polls appeared to suggest they were right. During campaigning, she had said she wanted a future "where no one has to pack their suitcases and leave" the country and for "institutions that work". bur/js-jj/Pep Guardiola admits the buck stops with him as Manchester City bid to arrest their dramatic slump in form. The champions crashed to a fifth straight defeat in all competitions – something not experienced by the club in more than 18 years – as they were thrashed 4-0 by Tottenham at the Etihad Stadium on Saturday. The loss, which was also a third in succession in the Premier League and shattered a 52-game unbeaten home run, damaged the club’s hopes of winning an unprecedented fifth title in a row. It is the worst run of Guardiola’s glittering managerial career and the City boss, who extended his contract until 2027 last week, is determined to turn the situation around. The Catalan said: “When we start to lose I say to the people I have to find a way, I have to. It’s my duty, my responsibility, to find a way to be more consistent, that our game will be better and win games. “This is what we have to do.” City have been hampered by injuries to key players in recent weeks, particularly by the absence of Ballon d’Or-winning midfielder Rodri , who has been sidelined for the remainder of the season. Problems have emerged at both ends of the field with a lack of clean sheets – just five in 19 outings this term – and a shortage of goals being scored on occasions, like Saturday, when the prolific Erling Haaland has an off-day. Guardiola said: “We don’t expect to lose important players but it’s happened and you have to find a way. We have to find other abilities. “I don’t think we didn’t create enough chances. We created a lot of chances, clear ones at 0-0, 0-1, 0-2. “Of course we want a lot of players to score but it’s happened now. “I know at the Etihad when we are there and we score goals our momentum is there, but now we are not solid enough. That is the truth. “In both sides normally we are solid but we concede the goals. Now in both sides we are not good enough. “In these situations, what do you have do to? Keep going my friends, keep going. “We have done it in the past – not in terms of results being as bad as now – but we have done it and we face the situation and move forward.”
Natixis Advisors LLC Increases Holdings in CubeSmart (NYSE:CUBE)SAN DIEGO , Nov. 21, 2024 /PRNewswire/ -- Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCsTM), today announced that on November 20, 2024, the Human Capital Management Committee of Avidity's Board of Directors granted non-qualified stock option awards to purchase an aggregate of 117,000 shares of its common stock and 58,500 restricted stock units ("RSUs") to twelve (12) new non-executive employees under the Avidity Biosciences, Inc. 2022 Employment Inducement Incentive Award Plan (the "2022 Inducement Plan"). The awards were granted as inducements material to the employees entering into employment with Avidity in accordance with Nasdaq Listing Rule 5635(c)(4). The 2022 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Avidity, or following a bona fide period of non-employment, as an inducement material to such individuals' entering into employment with Avidity, pursuant to Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $43.65 per share, which is equal to the closing price of Avidity's common stock on The Nasdaq Global Market on November 20, 2024, or the vesting commencement date. The shares subject to the stock options will vest over four years, with 25% of the shares vesting on the one-year anniversary of the vesting commencement date and the balance of the shares vesting in a series of 36 successive equal monthly installments thereafter, subject to each employee's continued employment with Avidity on such vesting dates. The RSUs will vest in four equal installments on the first four anniversaries of the vesting commencement date, subject to each employee's continued employment with Avidity on such vesting dates. The awards are subject to the terms and conditions of the 2022 Inducement Plan and the terms and conditions of a stock option agreement or RSU agreement, as applicable, covering the grant. About Avidity Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics - Antibody Oligonucleotide Conjugates (AOCsTM). Avidity is revolutionizing the field of RNA with its proprietary AOCs, which are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to address targets and diseases previously unreachable with existing RNA therapies. Utilizing its proprietary AOC platform, Avidity demonstrated the first-ever successful targeted delivery of RNA into muscle and is leading the field with clinical development programs for three rare neuromuscular diseases: myotonic dystrophy type 1 (DM1), Duchenne muscular dystrophy (DMD) and facioscapulohumeral muscular dystrophy (FSHD). Avidity is also advancing two wholly-owned precision cardiology development candidates addressing rare genetic cardiomyopathies. In addition, Avidity is broadening the reach of AOCs with its advancing and expanding pipeline including programs in cardiology and immunology through key partnerships. Avidity is headquartered in San Diego, CA. For more information about our AOC platform, clinical development pipeline and people, please visit www.aviditybiosciences.com and engage with us on LinkedIn and X . Investor Contact: Mike MacLean (619) 837-5014 investors@aviditybio.com Media Contact: Navjot Rai (619) 837-5016 media@aviditybio.com View original content to download multimedia: https://www.prnewswire.com/news-releases/avidity-biosciences-announces-inducement-grants-under-nasdaq-listing-rule-5635c4-302313526.html SOURCE Avidity Biosciences, Inc.If you're looking for a billionaire, you might as well be looking for a , trust fund, 6'5", blue eyes. Well, not exactly, but the typical member of the three-comma club isn't that different from the stereotype. The typical billionaire is a man in his 60s, who lives in New York City, loves sports, and works in banking or finance, according to , which looked at the world's richest citizens as of 2023. Most of his wealth is probably tied up in public companies, though he also has a penchant for private jets, , and valuable cars. He is also, unlike the man in the TikTok jingle, self-made. There are more billionaires than ever in the world, a total of 3,323. Their cumulative net worth is $12.1 trillion, up 9% from last year thanks to a stock-market rebound. The United States is home to nearly one third of them, the largest concentration of any country. New York City alone has 144 billionaire inhabitants — more than any country besides the US, , and Germany. Most — 87% — of billionaires are male, and have amassed their fortunes in different ways than the world's 431 female billionaires. While the majority of all billionaires, about 60%, are fully self-made, men are more likely to be than . In fact, 76% of the world's female billionaires have inherited at least part of their wealth, compared to 35% of male ones. Male billionaires are more likely to have public assets make up the largest share, or about 40%, of their wealth. Male tech billionaires whose fortunes are tied up in the companies they control or founded — like Elon Musk and — skewed that number, according to the report. Meanwhile, liquid assets, like cash and private holdings, are the largest asset classes for women. Both are more typically tied to , Altrata found. The largest share of all billionaires, about 22%, work in finance or banking, but the largest portion, about 17%, of female billionaires spend most of their professional time in the nonprofit sector. The interests of male and female billionaires follow suit: 71% of women billionaires count philanthropy as a top interest, while sports was the most popular one for male billionaires. Among all billionaires, the top philanthropic cause was education, which includes gifts to alma maters — an especially popular form of giving in the US. Billionaires are also more likely to splurge on different high-value items depending on their gender. Men prefer luxury vehicles — jets, yachts, cars — while women prefer property and art. In fact, male billionaires are almost four times as likely to own a worth more than $1 million than their female counterparts. So, if you are looking for a man or woman, finance isn't a bad place to start. Failing that, why not try a gala or classic car show? We'll leave the choice of eye color up to you. Read the original article on
Stock market today: Asian shares are mostly lower, with most world markets closed for Christmas BANGKOK (AP) — Shares are lower in Tokyo and Shanghai, two of only a handful of world markets open on Christmas day. Oil prices rose. On Tuesday, stocks closed higher on Wall Street in a shortened holiday session. Gains in Big Tech stocks helped the S&P 500 to a 1.1% gain, while the Dow Jones Industrial Average rose 0.9%. The Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady. The yield on the 10-year Treasury was little changed at 4.59% Japan to maximize nuclear power in clean-energy push as electricity demand grows TOKYO (AP) — A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of Japanese electricity needs by 2040. It also recommends maximizing the use of nuclear power to accommodate the growing demand for power in the era of AI while meeting decarbonization targets. Cabinet is expected to formally approve the plan by March following a period of public consultation. The policy says nuclear energy should account for 20% of Japan’s energy supply in 2040, with renewables expanded to 40-50% and coal-fired power reduced to 30-40%. Biden will decide on US Steel acquisition after influential panel fails to reach consensus WASHINGTON (AP) — A powerful government panel has failed to reach consensus on the possible national security risks of a nearly $15 billion proposed deal for Nippon Steel of Japan to purchase U.S. Steel. The Committee on Foreign Investment in the United States on Monday sent its long-awaited report to President Joe Biden, a longtime opponent of the deal. Some federal agencies represented on the panel were skeptical that allowing a Japanese company to buy an American-owned steelmaker would create national security risks. That's according to a U.S. official familiar with the matter. Both Biden and President-elect Donald Trump opposed the merger and vowed to block it. Nippon Steel says it is confident the deal will go ahead. Nissan and Honda to attempt a merger that would create the world's No. 3 automaker TOKYO (AP) — Japanese automakers Nissan and Honda have announced plans to work toward a merger that would catapult them to a top position in an industry in the midst of tectonic shifts as it transitions away from its reliance on fossil fuels. The two companies said they signed an agreement on integrating their businesses on Monday. Smaller Nissan alliance member Mitsubishi Motors agreed to join the talks. News of a possible merger surfaced earlier this month. Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. What a merger between Nissan and Honda means for the automakers and the industry BANGKOK (AP) — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had agreed to join the talks on integrating their businesses. Honda will initially lead the new management, retaining the principles and brands of each company. Following is a quick look at what a combined Honda and Nissan would mean for the companies, and for the auto industry. Survey: Small businesses are feeling more optimistic about the economy after the election A survey shows small business owners are feeling more optimistic about the economy following the election. The National Federation of Independent Businesses’ Small Business Optimism Index rose by eight points in November to 101.7, its highest reading since June 2021. The Uncertainty Index declined 12 points in November to 98, following October’s pre-election record high of 110. NFIB Chief Economist Bill Dunkelberg said small business owners became more certain about future business conditions following the presidential election, breaking a nearly three-year streak of record high uncertainty. The survey also showed that more owners are also hoping 2025 will be a good time to grow. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled. Nordstrom to be acquired by Nordstrom family and a Mexican retail group in $6.25 billion deal Century-old department store Nordstrom has agreed to be acquired and taken private by Nordstrom family members and a Mexican retail group in a $6.25 billion deal. Nordstrom shareholders will receive $24.25 in cash for each share of Nordstrom common stock, representing a 42% premium on the company’s stock as of March 18. Nordstrom’s board of directors unanimously approved the the proposed transaction, while Erik and Pete Nordstrom — part of the Nordstrom family taking over the company — recused themselves from voting. Following the close of the transaction, the Nordstrom Family will have a majority ownership stake in the company. Stock market today: Wall Street rallies ahead of Christmas Stocks closed higher on Wall Street ahead of the Christmas holiday, led by gains in Big Tech stocks. The S&P 500 added 1.1% Tuesday. Trading closed early ahead of the holiday. Tech companies including Apple, Amazon and chip company Broadcom helped pull the market higher. The Dow Jones Industrial Average rose 0.9%, and the Nasdaq composite climbed 1.3%. American Airlines shook off an early loss and ended mostly higher after the airline briefly grounded flights nationwide due to a technical issue. Treasury yields held steady in the bond market. The yield on the 10-year Treasury was little changed at 4.59% An analyst looks ahead to how the US economy might fare under Trump WASHINGTON (AP) — President-elect Donald Trump won a return to the White House in part by promising big changes in economic policy — more tax cuts, huge tariffs on imports, mass deportations of immigrants working in the United States illegally. In some ways, his victory marked a repudiation of President Joe Biden’s economic stewardship and a protest against inflation. It came despite low unemployment and steady growth under the Biden administration. What lies ahead for the economy under Trump? Paul Ashworth of Capital Economics spoke recently to The Associated Press. The interview has been edited for length and clarity.
