CINCINNATI — Hamilton County is seeing an increase in the number of people experiencing homelessness. Organizations like Strategies to End Homelessness attribute this to a large demand for limited housing in an inflated economy. “There were really two parts to what happened during the pandemic," CEO Kevin Finn said. "You did moratoriums on evictions, but you also had large amounts of money available to help people who had gotten behind on their rent.” The end of COVID-era federal funding for eviction prevention programs and emergency rental assistance only ramped up the load for those at Our Daily Bread Soup Kitchen and Social Center. “We increased about 30% from where we were with our pre-COVID numbers," executive director Georgine Getty said. "And then we had another 30% jump this year since May.” Getty said that's a jump from serving 200-300 meals a day to serving about 500-600 meals a day. For Getty, the issue is housing and local laws in the Tri-State area. Getty cited efforts in Kentucky to criminalize homelessness. The law imposes a class B misdemeanor for second offenses and carries a maximum $250 fine and 90 days in jail. “Kentucky passed a really Draconian law about prohibiting people from sleeping outside," Getty said. "And we’ve been seeing a lot of people coming from Kentucky who don’t feel safe being there who are looking for services in Cincinnati now.” Other homeless advocates said they believe the local response to the homeless crisis has been stunted by federal requirements. "The federal government provides $28 million a year to effect homelessness," Flynn said. "We’re not allowed to use any of that money for prevention. We have to wait for people to be on the street or in a shelter before we can help them.” Flynn said there's a very small amount of emergency rental assistance to help people with eviction notices left now compared to a couple of years ago when American Rescue Plan funds were free-flowing into local programs and initiatives. Experts say the average cost to house someone post-homelessness is about $4,700. But, by preventing a person from becoming homeless, they say that the cost is reduced to about $1,650. When asked what can be done to help, Getty said making COVID-era programs a more permanent and funded fixture locally. “A lot of times what happens is people get behind," said Getty. "They get behind, they’re in between jobs. They’re having a hard time catching up. It’s that couple months of rental assistance, this is what we learned during COVID; a few months of rental assistance can make all of the difference in preventing somebody from going through the drama of being homeless.”

Courtland Sutton's surge is helping rookie Bo Nix and the Denver Broncos make a playoff push

UP minister's company accountant duped of Rs 2.08 cr 5 held

A Hopland teen is one of two California high school students recently chosen to represent the state in the United States Senate Youth Program, State Superintendent of Public Instruction Tony Thurmond announced this week.Shares in Mexico's Elektra slide, wiping out day-earlier gains

More than 10 million people empowered so far through the 34 by 34 initiative ATLANTA , Dec. 5, 2024 /PRNewswire/ -- Cox Enterprises today announced that it has empowered 10.6 million people to live more prosperous lives since 2020, a significant milestone in its 34 by 34 social impact initiative . This achievement represents a wide range of efforts across Cox and its businesses, Cox Communications and Cox Automotive. Cox is committed to solving business problems that also remove obstacles present in communities and society at large, from bridging the digital divide to addressing social equity and environmental sustainability challenges. "Cox is a company of innovators, changemakers and believers of being part of something bigger than ourselves," said Maury Wolfe , vice president of Corporate Responsibility and Social Impact at Cox Enterprises. "To drive our 34 by 34 social impact initiative forward, employees across our businesses have led countless acts of volunteering and community engagement, from cleaning up waterways and building outdoor learning labs to mentoring students. We're humbled to see the ripple effect throughout our communities." 34 by 34 focuses on six key pathways to create positive change: technology access, access to lifelong education, employment skills, social equity, environmental sustainability, and good health. These pathways provide a holistic approach to empowering individuals and communities. Key examples of Cox's business and employee volunteering impact include: Lifelong Education: Since 2020 Cox has helped more than 100,000 elementary school students through its work with Junior Achievement Biztowns, where students run a simulated town for a day. Through activities like managing banks, operating restaurants and electing a mayor, students experience firsthand how their lessons apply to real-world scenarios. Social Equity: Through Techstars Powered by Cox Enterprises, startup companies like Branch are helping drive social impact. For example, Branch partnered with local media in Georgia to create a best-in-class voter guide for the 2024 primaries, boosting political engagement. Branch is just one of over 80 startups supported by Techstars Powered by Cox Enterprises, which has positively impacted more than 12,000 additional people through purpose-driven innovations. Environmental Sustainability: Cox is always mindful in its use of natural resources. To date, more than 1.2 million people have benefited from Cox's work to protect and preserve the environment as part of its 34 by 34 initiative. Cox's commitment to environmental sustainability was recently recognized by Keep America Beautiful and the organization's "Do Beautiful Things" Corporate Volunteer Award, which highlights Cox's dedication to volunteerism and environmental sustainability. Visit Cox34by34.com to see stories of our impact and watch this video to learn more about the 34 by 34 initiative. About Cox Enterprises Cox Enterprises is dedicated to empowering people to build a better future for the next generation. Cox is a leader in the broadband, automotive, and media industries, as well as a leading investment platform with strategic positions in emerging technologies driving the future of agriculture, renewable energy, healthtech, and public sector software. Headquartered in Atlanta, Georgia , Cox is a global company with $23 billion in annual revenues and a proud history spanning more than 125 years. To learn more about Cox and its commitment to its people, planet and communities, visit coxenterprises.com . SOURCE Cox EnterprisesThe 1 Single Stock That I’d Hold Forever in a TFSA

Bankwell financial director Eric Dale acquires $11,153 in stockSHENZHEN, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. ("Lexin” or the "Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended September 30, 2024. "Total loan origination for the third quarter reached approximately RMB51.0 billion, remaining stable on a quarter-over-quarter basis, but reflecting a 19.5% decrease year-over-year. The outstanding loan balance was RMB111.2 billion, down by 3.4% quarter-over-quarter and by 7.8% year-over-year. These figures align with the guidance we provided earlier, reflecting our prudent operational principles amid the challenges of a sluggish macroeconomic recovery,” said Jay Wenjie Xiao, Chairman and CEO of Lexin. "However, despite the trend of a declining loan volume, our net profit reached RMB310 million, a substantial increase of 36.7% compared to RMB227 million in the previous quarter.” "Improved profitability is part of a strong set of operational and financial results we delivered this quarter, demonstrating that we are well on track for a comprehensive business turnaround.” "During the past quarter, our persistent efforts in executing transformation strategies led to a record low funding cost, gradual improvement in asset quality, and a substantial increase in new users with approved credit lines.” "Considering the gradual business recovery, we remain committed to returning more value to shareholders. The Board has approved an amended dividend payout policy, increasing the payout ratio to 25% of net profit starting in 2025.” "Looking ahead, while we are cautious about the short-term economic outlook and anticipate that the recently released government stimulus measures targeting at an economic recovery will gradually take effect, we remain confident in Lexin's ability to navigate through uncertainties and sustain the recovery momentum by delivering solid results quarter by quarter,” Concluded Mr. Xiao. "During the past quarter, we have delivered another set of robust financial results,” said Mr. James Zheng, Chief Financial Officer of Lexin. "The third quarter's total operating revenue reached approximately RMB3.7 billion, up by 4.4% year-over-year and stable quarter-over-quarter. Net profit for the third quarter reached RMB310 million, a substantial growth of 36.7% compared to the previous quarter. This significant increase in net profit is largely attributable to the improved net revenue take rate of our core loan business, supported by continuous risk improvements in newly issued loans, a significant reduction in funding costs by nearly 100 basis points over the past quarter, and a slight improvement in the early repayment behavior. Given the ongoing improvement in our overall asset quality and the continuous execution of our transformation initiatives, we expect to report more positive progress in the year ahead.” Third Quarter 2024 Operational Highlights: User Base Operating revenue increased by 4.4% from RMB3,509 million in the third quarter of 2023 to RMB3,662 million in the third quarter of 2024. Credit facilitation service income increased by 10.6% from RMB2,686 million in the third quarter of 2023 to RMB2,970 million in the third quarter of 2024. The increase was driven by the increases in loan facilitation and servicing fees-credit oriented, partially offset by the decrease in financing income and guarantee income. Loan facilitation and servicing fees-credit oriented increased by 20.7% from RMB1,533 million in the third quarter of 2023 to RMB1,851 million in the third quarter of 2024. The increase was primarily due to the increase in takerate of loan facilitation business. Guarantee income decreased by 2.9% from RMB639 million in the third quarter of 2023 to RMB620 million in the third quarter of 2024. The decrease was primarily driven by the decrease of outstanding balances in the off-balance sheet loans funded by certain institutional funding partners, which are accounted for under ASC 460, Guarantees . Financing income decreased by 2.8% from RMB514 million in the third quarter of 2023 to RMB499 million in the third quarter of 2024. The decrease was primarily due to the decrease in the origination of on-balance sheet loans. Tech-empowerment service income decreased by 15.5% from RMB454 million in the third quarter of 2023 to RMB384 million in the third quarter of 2024. The decrease was primarily due to the decrease of loan facilitation volume under the profit-sharing model. Installment e-commerce platform service income decreased by 16.6% from RMB369 million in the third quarter of 2023 to RMB308 million in the third quarter of 2024. The decrease was primarily due to the decrease in transaction volume in the third quarter of 2024. Cost of sales decreased by 14.3% from RMB360 million in the third quarter of 2023 to RMB308 million in the third quarter of 2024, which was consistent with the decrease in installment e-commerce platform service income. Funding cost decreased by 33.4% from RMB132 million in the third quarter of 2023 to RMB87.7 million in the third quarter of 2024, which was primarily driven by the decrease in the cost of funding and funding debts to fund the on-balance sheet loans. Processing and servicing costs increased by 35.1% from RMB446 million in the third quarter of 2023 to RMB602 million in the third quarter of 2024. This increase was primarily due to an increase in risk management and collection expenses. Provision for financing receivables was RMB261 million for the third quarter of 2024, as compared to RMB162 million for the third quarter of 2023. The lifetime expected credit losses recognized was estimated based on the most recent performance in relation to the Company's on-balance sheet loans, taking into consideration the forward-looking factors. Provision for contract assets and receivables was RMB244 million in the third quarter of 2024, as compared to RMB159 million in the third quarter of 2023. The increase was primarily due to the increase in loan facilitation and servicing fees. Provision for contingent guarantee liabilities was RMB952 million in the third quarter of 2024, as compared to RMB894 million in the third quarter of 2023. The fluctuation was primarily due to the re-measurement of the expected loss rates and the origination of the off-balance sheet loans funded by certain institutional funding partners, which are accounted for under ASC 460, Guarantees. Gross profit decreased by 11.0% from RMB1,356 million in the third quarter of 2023 to RMB1,207 million in the third quarter of 2024. Sales and marketing expenses was RMB438 million in the third quarter of 2024, as compared to RMB411 million in the third quarter of 2023. The increase was primarily due to increased investment in marketing. Research and development expenses was RMB149 million in the third quarter of 2024, as compared to RMB127 million in the third quarter of 2023. The increase was primarily due to increased investment in technology development. General and administrative expenses was RMB89.0 million in the third quarter of 2024, as compared to RMB85.5 million in the third quarter of 2023. Change in fair value of financial guarantee derivatives and loans at fair value was a loss of RMB151 million in the third quarter of 2024, as compared to a loss of RMB246 million in the third quarter of 2023. The change in fair value was primarily due to the re-measurement of the expected loss rates, partially offset by the fair value gains realized as a result of the release of guarantee obligation. Income tax expense was RMB72.2 million in the third quarter of 2024, as compared to RMB116 million in the third quarter of 2023. The change was primarily due to the decrease of income before income tax expense. Net income decreased by 16.5% from RMB371 million in the third quarter of 2023 to RMB310 million in the third quarter of 2024. Recent Development Amended Dividend Policy The board of directors of the Company has approved an amended dividend payout policy, under which the payout ratio will be increased to 25% of total net profit starting from January 1, 2025. Conference Call The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern time on November 25, 2024 (10:00 AM Beijing/Hong Kong time on November 26, 2024). Participants who wish to join the conference call should register online at: https://register.vevent.com/register/BI220a892f574848f0b2997fb493e6296f Once registration is completed, each participant will receive the dial-in number and a unique access PIN for the conference call. Participants joining the conference call should dial in at least 10 minutes before the scheduled start time. A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.lexin.com. About LexinFintech Holdings Ltd. We are a leading credit technology-empowered personal financial service enabler. Our mission is to use technology and risk management expertise to make financing more accessible for young generation consumers. We strive to achieve this mission by connecting consumers with financial institutions, where we facilitate through a unique model that includes online and offline channels, installment consumption platform, big data and AI driven credit risk management capabilities, as well as smart user and loan management systems. We also empower financial institutions by providing cutting-edge proprietary technology solutions to meet their needs of financial digital transformation. For more information, please visit http://ir.lexin.com . To follow us on Twitter, please go to: https://twitter.com/LexinFintech . Use of Non-GAAP Financial Measures Statement In evaluating our business, we consider and use adjusted net income attributable to ordinary shareholders of the Company, non-GAAP EBIT, adjusted net income per ordinary share and per ADS attributable to ordinary shareholders of the Company, four non-GAAP measures, as supplemental measures to review and assess our operating performance. The presentation of the non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. We define adjusted net income attributable to ordinary shareholders of the Company as net income attributable to ordinary shareholders of the Company excluding share-based compensation expenses, interest expense associated with convertible notes, and investment income/(loss) and we define non-GAAP EBIT as net income excluding income tax expense, share-based compensation expenses, interest expense, net, and investment income/(loss). We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. Adjusted net income attributable to ordinary shareholders of the Company enables our management to assess our operating results without considering the impact of share-based compensation expenses, interest expense associated with convertible notes, and investment income/(loss). Non-GAAP EBIT, on the other hand, enables our management to assess our operating results without considering the impact of income tax expense, share-based compensation expenses, interest expense, net, and investment income/(loss). We also believe that the use of these non-GAAP financial measures facilitates investors' assessment of our operating performance. These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as an analytical tool. One of the key limitations of using adjusted net income attributable to ordinary shareholders of the Company and non-GAAP EBIT is that they do not reflect all items of income and expense that affect our operations. Share-based compensation expenses, interest expense associated with convertible notes, income tax expense, interest expense, net, and investment income/(loss) have been and may continue to be incurred in our business and are not reflected in the presentation of adjusted net income attributable to ordinary shareholders of the Company and non-GAAP EBIT. Further, these non-GAAP financial measures may differ from the non-GAAP financial information used by other companies, including peer companies, and therefore their comparability may be limited. We compensate for these limitations by reconciling each of the non-GAAP financial measures to the most directly comparable U.S. GAAP financial measure, which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure. Exchange Rate Information Statement This announcement contains translations of certain RMB amounts into U.S. dollars ("US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB7.0176 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on September 30, 2024. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about Lexin's beliefs and expectations, are forward-looking statements. These forward-looking statements can be identified by terminology such as "will,” "expects,” "anticipates,” "future,” "intends,” "plans,” "believes,” "estimates,” "confident” and similar statements. Among other things, the expectation of the collection efficiency and delinquency, business outlook and quotations from management in this announcement, contain forward-looking statements. Lexin may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Lexin's goal and strategies; Lexin's expansion plans; Lexin's future business development, financial condition and results of operations; Lexin's expectation regarding demand for, and market acceptance of, its credit and investment management products; Lexin's expectations regarding keeping and strengthening its relationship with borrowers, institutional funding partners, merchandise suppliers and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Lexin's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Lexin does not undertake any obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: LexinFintech Holdings Ltd. IR inquiries: Mandy Dong Tel: +86 (755) 3637-8888 ext. 6258 E-mail: [email protected] Media inquiries: Ruifeng Xu Tel: +86 (755) 3637-8888 ext. 6993 E-mail: [email protected] SOURCE LexinFintech Holdings Ltd. Unaudited Condensed Consolidated Balance Sheets (1) Short-term financing receivables, net of allowance for credit losses of RMB58,594 and RMB123,569 as of December 31, 2023 and September 30, 2024, respectively. Short-term contract assets and receivables, net of allowance for credit losses of RMB436,136 and RMB462,438 as of December 31, 2023 and September 30, 2024, respectively. Long-term financing receivables, net of allowance for credit losses of RMB3,087 and RMB1,848 as of December 31, 2023 and September 30, 2024, respectively. Long-term contract assets and receivables, net of allowance for credit losses of RMB61,838 and RMB35,497 as of December 31, 2023 and September 30, 2024, respectively. Unaudited Condensed Consolidated Statements of Operation

IRWINDALE, Calif. , Dec. 9, 2024 /PRNewswire/ -- BIC America continues to showcase its legacy of delivering exceptional sound solutions with the Acoustech Architectural Series, featuring five expertly engineered in-ceiling speaker models: AU510, AU610, AU620, AU810, and AU820. These speakers demonstrate the company's commitment to providing superior audio performance across various applications for both residential and commercial installations.Acoustech Architectural Series: Delivering Excellence Across Every Model Acoustech Architectural Series: Unmatched Quality and Design Each speaker in the Acoustech Architectural Series is crafted with durability and performance in mind. Featuring innovative pivoting tweeters and precision-engineered drivers, these speakers provide tailored sound while maintaining a discreet, seamless ceiling integration. Key Differentiators: About BIC America With over 50 years of audio expertise, BIC America continues to be a trusted name in sound technology. The company remains dedicated to creating high-quality audio systems that enhance listening experiences for home theater enthusiasts and music lovers. Contact: Eric Huang , bic@bicamerica.com View original content to download multimedia: https://www.prnewswire.com/news-releases/bic-america-spotlights-acoustech-architectural-in-ceiling-speaker-series-302326616.html SOURCE BIC AmericaSyrian anti-Assad forces take crucial city of HamaNone

What Armando Broja did at full-time speaks volumes as Everton unleash double menaceMan Utd WON’T replace Dan Ashworth as club ditch sporting director role but axed chief already lined up by Arsenal