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The First Sealer to Give a Beautiful, Luxurious Appearance

The Designer Series from Royal Sealers is the industry's first sealer with Micro Crystals. This premium impregnating sealer is embedded with eye-catching, multi-faceted light reflecting Micro Crystals that enhance the appearance of any surface, adding dimension and character.




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Top 2024 Advances in Alternative Protein

These are the FE editorial picks from the past year that best exemplify advances in the alternative protein space, from facilities to flavor.




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Basic Black: Urban Renaissance

April 10, 2015 It wouldn't be a stretch to say that Dudley Square is experiencing something of a renaissance. The dedication of the Bruce C. Bolling Municipal Building and the re-opening of Tropical Foods grocery store are the latest examples of what is hoped to be the beginnings of an economic turnaround for Roxbury and Mattapan. We’ll talk about Mayor Walsh’s plans with two chiefs in his administration: John Barros and Daniel Koh. Later in the show, in South Carolina and closer to home, a shift in official police responses to the deaths of African American men at the hands of law enforcement.

Panelists:
- Callie Crossley, Host, Under The Radar with Callie Crossley, 89.7 WGBH
- Daniel Koh, Chief of Staff, Mayor’s Office, City of Boston
- John Barros, Chief of Economic Development, Mayor’s Office, City of Boston
- Yawu Miller, Senior Editor, The Bay State Banner




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MRI-Guided Radiation Therapy Reduces Long-Term Side Effects for Patients with Prostate Cancer

After a comprehensive two-year follow-up, researchers at the UCLA Health Jonsson Comprehensive Cancer Center found that MRI-guided stereotactic body radiotherapy (SBRT) for prostate cancer significantly reduced long-term side effects and improved quality of life, particularly in bowel and sexual health, compared to conventional CT-guided treatment.




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Un avance hacia rayos X mas seguros gracias a la nueva tecnologia de detectores

Los rayos X son un componente habitual de las pruebas diagnosticas y el monitoreo industrial, y se utilizan para todo, desde el control de los dientes hasta el escaneo de maletas en el aeropuerto. Sin embargo, los rayos de elevada energia tambien producen radiacion ionizante, que puede ser peligrosa tras exposiciones prolongadas o excesivas. Ahora, investigadores que publican en ACS Central Science han avanzado hacia rayos X mas seguros con la creacion de un detector altamente sensible y plegable que genera imagenes de buena calidad con dosis mas pequenas de estos rayos.




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Un avance hacia medicamentos y vacunas inhalables de ARNm

A la mayoria de la gente no le gusta aplicarse vacunas o inyecciones para recibir tratamientos. Por eso, los investigadores trabajan para crear mas medicamentos, como los que se fabrican a partir de ARN mensajero (ARNm), que puedan pulverizarse e inhalarse. Un estudio publicado en la revista Journal of the American Chemical Society informa sobre los avances para hacer posible los medicamentos de ARNm inhalables. Los investigadores indican que la nanoparticula de polimero lipidico, que es estable cuando se nebuliza y libera aerosoles (gotitas liquidas) en los pulmones de ratones de forma satisfactoria, se optimizo para contener el ARNm.




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Sylvester Cancer Researchers Share Findings in Oral Presentations at the ASH 2024 Annual Meeting & Exposition - Tip Sheet

Research findings from Sylvester Comprehensive Cancer Center and the Miller School of Medicine at the University of Miami will be presented at the Annual Meeting & Exposition of the American Society of Hematology in San Diego, Dec. 7-10.




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New Award Advances Sanders-Brown Director's Research on Inflammation's Role in Alzheimer's

The University of Kentucky Sanders-Brown Center on Aging Director Linda Van Eldik, Ph.D., hopes to shed light on how specific brain cells may contribute to the progression of Alzheimer's disease, paving the way for potential new therapeutic approaches.Van Eldik recently received a three-year, $300,000 award from the BrightFocus Foundation to support her research project, "Relationship between astrocyte p38 MAPK, neuroinflammation, and Alzheimer pathology.




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Sylvester Cancer Tip Sheet: Researchers Present Posters at the 66th ASH Annual Meeting & Exposition

Hematology researchers from Sylvester Comprehensive Cancer Center and the Miller School of Medicine at the University of Miami are authors or co-authors on more than 70 posters to be presented at the Annual Meeting & Exposition of the American Society of Hematology in San Diego, Dec. 7-10. Links to each abstract are included in this tip sheet.




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Treatment Advances, Predictive Biomarkers Stand to Improve Bladder Cancer Care

Recent advances in bladder cancer treatments may offer hope of curative care to more patients, including those with high-risk localized, muscle-invasive disease, according to a New England Journal of Medicine editorial published by Matthew Milowsky, MD, FASCO, a bladder cancer expert at UNC School of Medicine and UNC Lineberger Comprehensive Cancer Center.




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Vaccine Shows Promise Against Aggressive Breast Cancer

A small clinical trial shows promising results for patients with triple-negative breast cancer who received an investigational vaccine designed to prevent recurrence of tumors. Conducted at Washington University School of Medicine in St. Louis with a therapy designed by WashU Medicine researchers, the trial is the first to report results for this type of vaccine -- known as a neoantigen DNA vaccine -- for breast cancer patients.




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Treatment Advances, Predictive Biomarkers Stand to Improve Bladder Cancer Care

Recent advances in bladder cancer treatments may offer hope of curative care to more patients, including those with high-risk localized, muscle-invasive disease, according to a New England Journal of Medicine editorial published by Matthew Milowsky, MD, FASCO, a bladder cancer expert at UNC School of Medicine and UNC Lineberger Comprehensive Cancer Center.




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Vaccine Shows Promise Against Aggressive Breast Cancer

A small clinical trial shows promising results for patients with triple-negative breast cancer who received an investigational vaccine designed to prevent recurrence of tumors. Conducted at Washington University School of Medicine in St. Louis with a therapy designed by WashU Medicine researchers, the trial is the first to report results for this type of vaccine -- known as a neoantigen DNA vaccine -- for breast cancer patients.




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National College Entrance Exam Set for Thursday

[Domestic] :
The annual College Scholastic Ability Test(CSAT) is taking place at some 13-hundred test sites across the nation on Thursday.  The state-administered college entrance exam, known in Korean as the Suneung, begins with a Korean language test at 8:40 a.m., followed by tests on math, English, Korean history ...

[more...]




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‘Killer Questions’ Excluded from 2025 College Entrance Exam

[Domestic] :
The head of the panel that devised the college entrance exam said this year’s test excluded so-called killer questions. Choe Joong-chul, chief of the 2025 College Scholastic Ability Test(CSAT) committee, made the statement Thursday in a press briefing, saying this year’s questions maintained an ...

[more...]




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Yoon Highlights ‘Strategic Importance’ of Latin America ahead of Trip to Peru, Brazil

[Politics] :
President Yoon Suk Yeol said his first official trip to Latin America carries great significance for the expansion of South Korea’s vision as a “global pivotal state” toward the Latin American region. The president, who is set to depart for Peru and Brazil to attend the Asia-Pacific Economic ...

[more...]




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Annual National College Entrance Exam Underway

[Domestic] :
The 2025 College Scholastic Ability Test(CSAT) is underway at some 13-hundred test sites across the nation on Thursday, with some 522-thousand taking part in the exams. The state-administered college entrance exam, known in Korean as the Suneung, began with a Korean language test at 8:40 a.m. Subjects also ...

[more...]




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Annual College Entrance Exam Sees Record Number of Retakers

[Politics] :
Anchor: The annual state-administered College Scholastic Aptitude Test took place Thursday. This year, around 522-thousand people registered to take the exam at one-thousand-282 locations across the country. That includes a record number of retakers, after the quota increased for medical school ...

[more...]




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Finance Minister Vows Active Measures to Curb FX Market Volatility if Necessary

[Economy] :
Finance Minister Choi Sang-mok said Thursday that the government will take “active measures” in the event of excessive volatility in the foreign exchange market, as the South Korean won weakened past the psychological threshold of 14-hundred won against the U.S. dollar. The minister made the “verbal ...

[more...]




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BANCOMAT, Bizum, and MB WAY launch EuroPA

European mobile payment solutions BANCOMAT,



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FXBO partners with BridgerPay to enhance fintech solutions

FX Back Office (FXBO) has partnered with



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MoonPay brings fiat balances to decentralized crypto

MoonPay, a crypto payments...




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Using Wi-Fi like sonar to measure speed and distance of indoor movement




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Freelancer? Avoid these '7 deadly sins' at tax time.

The organized freelancer will make sure the amount here is right.; Credit: Photo by Great Beyond via Flickr Creative Commons

Brian Watt

For freelancers, consultants, actors and other self employed people, life gets complicated this time of year. Digging around for the paperwork to fill out tax forms practically qualifies as exercise.

"They have a nightmare trying to find receipts," said accountant Tristan Zier.

Zier founded Zen99 to help freelancers manage their finances, including filing their taxes.  His most important advice to freelancers: keep track expenses and receipts year round rather than pursuing a paper chase as April 15 nears.  

"When they can’t find receipts, they can’t write off their expenses," he said. "And they’re paying more money to the government instead of keeping it for themselves."

Zier and others have come up with a lists of common mistakes freelancers make at tax time. 

Here are seven don't - or, deadly sins, for freelances at tax time:

  1. Not knowing what they owe.  Zier says there are 20 different 1099 forms that get sent out to workers to track freelance gigs.  One of them is the 1099-K, which only has to be sent to you by a company in paper form if you make over $20,000. "People think, 'Great, no paper form, no taxes on that," says Zier. "Big mistake there.  You still have to self-report the income."   
  2. Not knowing WHEN they owe.  For freelancers who owe more than $1,000 in taxes for a year, tax time comes more often than just April 15.  They have to pay taxes quarterly. But then it's not coming out of paychecks like it does for permanent employees. 
  3.  Not tracking and writing off the right types of business expenses. Zier says many freelancers fail to realize they can write off part of their cell phone bill as a business expense.  Expenses vary by the type of work.  "A rideshare driver's biggest expense will be related to their car, while a web developer's biggest expense might be their home office," Zier says. "Figuring out what expenses are important to your type of work is important is maximizing your tax savings."

  4. Writing off personal expenses.  This goes back to that cell phone.  If you use the same phone for personal and business purposes, don't be tempted to write the whole bill off. Estimate the amount you use it for your work. The same goes for your vehicle. Don't go trying to write off miles driven to the beach. 

  5. The Double No-No: counting expenses twice.  Speaking of vehicles, Zier says most people use the Standard Mileage Rate ($0.56/mile for 2014), which factors in gas, repairs and maintenance and other costs like insurance and depreciation. But if you use this rate, you can't also expense your gas receipts and repair bills.  

  6. Employee AND employer.  At lifeofthefreelancer.com, financial consultant Brendon Reimer reminds freelancers they play both roles. For regular employees, Federal, State, and payroll taxes are withheld from a paycheck, and distributed on the employee’s behalf. It's how Social Security and Medicare are funded. The IRS mandates that the employer must pay half of every employee’s payroll tax, and the employee is responsible for the other half.  Independent contractors have to handle both halves.  "The IRS does give you a small benefit by letting you deduct the half that you pay yourself as a business expense," Reimer writes. Zier said the freelancer's sin here is believing he or she pays more taxes than the regular working stiff.  

  7. Not keeping adequate records. The IRS requires you to keep proof of all business receipts, mileage, etc.  If you can't show these, the IRS  could refute the expense and force you to pay back taxes. Zier says the good news is there are other ways to prove expenses if you've lost the receipt. A bank or credit card statement with the date and location might do the trick. "The IRS is surprisingly accommodating if you are doing your best," Zier says. "If you're being a headache, they're going to be a headache as well." 

In separate reports, Zen99 and the consumer finance web site nerdwallet ranked Los Angeles the best city for freelancers.

Each considered housing and health care costs, the percentage of freelancers in an area as factors. Zier said even before the sharing economy began to take off, the entertainment industry and growing tech scene were already strong sources of freelance gigs in L.A.

"Even back in 2012, L.A. had twelve percent of people report themselves as self-employed on the Census," Ziers said.   "You know your Ubers and companies like that  are really bringing a lot of attention to the contractor market, but it was a very robust community before."

 

This content is from Southern California Public Radio. View the original story at SCPR.org.




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Aryza expands partnership with GoCardless to enhance payment solutions

Aryza Group has expanded its partnership with



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Getting from Los Angeles to San Francisco in 30 minutes

Business Update with Mark Lacter

Yesterday, we heard about the hyper-loop, a system that could get you from L.A. to San Francisco in about 30 minutes without losing your eyeballs.

Steve Julian: Business analyst Mark Lacter, that might come in handy given how crowded California's air corridor has become...

Mark Lacter: We'll talk about the hyper-loop in a moment, Steve, but yes, the L.A.-to-San Francisco air route is the busiest in the U.S., and it's already the most competitive.  We're talking about more than 50 flights a day, which - if you spread them out between six in the morning and 10:30 at night - there'd be one flight every 20 minutes.  But, Delta obviously thinks there's room for more because it's announced an hourly shuttle between the two cities.  That's another 14 daily flights beginning September 3.  The airline will be using a somewhat smaller jet, and it sounds as if the focus will be on the business traveler, with free newspapers, wine, and beer.

Julian: How much will it cost, do we know?

Lacter: As usual, it's a lot cheaper if you make an advance purchase, but if you're buying your tickets at the last minute - which is what a lot of business travelers do - roundtrip runs a hefty $430.  Actually, this Bay Area shuttle is just the latest effort by Delta to expand out of LAX, which is different from other major airports in that it doesn't have any one airline that dominates (United has a slight edge in market share over American, with Delta about three percentage points behind).  American also has been adding flights out of LAX.

Julian: Sounds like the airline business is improving...

Lacter: That's what happens when you pack planes to the absolute max, which is bad news for travelers being crammed into coach seats.  But it's good news for LAX, which continues to be the airport of choice among airlines looking to add service - matter of fact, domestic passenger traffic was up almost 8 percent in June compared with a year earlier.  Some of those gains might be at the expense of service elsewhere - most especially Ontario Airport, which has seen a big exodus among airlines and passengers.  Ontario city officials have been trying to regain control of the airport, which has been operated by the city of Los Angeles.

Julian: Back to the hyper-loop - is this kind of transport possible?

Lacter: Well, it's the brainchild of billionaire Elon Musk, and you never say never with this guy.  He started the electric car company Tesla and the private space company Space X.  The hyper-loop is a high-speed system of passenger pods that would travel on a cushion of air (think of air hockey table).  The pods would travel at more than 700 miles per hour, but they wouldn't result in sonic booms that severely restricted the Concorde aircraft.  Of course, anything that promises super-speed travel is bound to get people talking - and, from what the physics professors are saying, the Musk idea seems feasible.

Julian: How would its cost compare to the bullet train?

Lacter: He says a lot cheaper.  The price tag on the train is $70 billion at last check; Musk says he can do his for $6 billion.  But, the issue isn't so much the cost or even the technology, but the politics.  As a rule, governments do not think outside the box, and that's what a project like this is all about.  Already, you have bullet train supporters saying that the hyper-loop is impossible, but what they're really saying is we have a lot riding on the train, and we don't want this guy to mess it up.

Julian: But, how much demand is there for high-speed transport?

Lacter: You'd think there would be a lot, but when Boeing came up with a nifty idea for a souped-up plane that would shave almost an hour from L.A. to New York, the airlines said no because it would require more fuel - and that would mean raising fares.  Musk says his system would be a lot cheaper than traveling by plane, which could be a game changer in the attitudes about going places.  But, those attitudes won't change until the thing is actually built, and that can't realistically happen until attitudes change.  That's the ultimate problem.

Julian: Hence, why we're content to squeeze into coach.

Lacter: Yep.

Mark Lacter is a contributing writer for Los Angeles Magazine and writes the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.




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Financing Milestone Paves Way for Next Phase in Gold Project Development

Source: Streetwise Reports 11/12/2024

NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA)and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing. Read more as NexGolds acquisition of Signal Gold sets the stage for near-term production with combined resources and capital driving project development.

NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have successfully closed their previously announced oversubscribed and upsized concurrent financing, generating a total of US$18.5 million. Initially disclosed in joint announcements from both companies on October 10 and October 23, 2024, this financing is part of a larger plan in which NexGold will acquire all shares of Signal Gold to combine both companies' gold projects to create a near-term gold developer.

The financing involved two components. The first was a flow-through (FT) unit private placement by NexGold, which raised CA$8.085 million through the sale of 10,106,250 FT units at CA$0.80 per unit. Each unit includes one flow-through common share and half of one purchase warrant, allowing the holder to buy an additional non-flow-through share at CA$1.05 for the next two years. In the second component, Signal Gold's private placement of subscription receipts yielded CA$10.45 million by issuing 120,075,840 receipts at CA$0.08705 each. These receipts will convert into Signal units once specific escrow release conditions are met, including completion of the acquisition. Each unit consists of one common share and half a purchase warrant, allowing the holder to acquire additional shares for CA$0.11818 over two years.

The net funds from this financing will be used to retire debt, fund the exploration and development of both companies' gold projects - including NexGold's Goliath gold complex in Ontario and Signal's Goldboro project in Nova Scotia - and for general corporate purposes. The gross proceeds from FT units will go toward qualified exploration expenses for NexGold's projects, with renunciation planned by December 31, 2024, as per Canadian tax requirements.

Investor interest included an acquisition by a Sprott Asset Management sub-advised fund, which purchased 2.5 million FT units for CA$2 million, bringing Sprott's holdings to 11.43% of NexGold's issued shares (14.95% on a partially diluted basis). NexGold also extended an investor awareness agreement with i2i Marketing Group, providing up to six months of marketing services for CA$250,000 to increase investor visibility.

Gold Rush

Gold's surge to the US$2,800 mark due to a "perfect storm" of factors, according to an October 29 report from Kitco. Gary Wagner explained that this historic rise, approximately 35% this year, was driven by geopolitical tensions, anticipated Federal Reserve rate cuts, consistent central bank demand, and U.S. political uncertainty in the run-up to the presidential election.

Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans.

Wagner noted that "geopolitical, political conflicts" and "uncertainties about the outcome of the upcoming presidential election" were critical components, with emerging market central banks increasing their gold reserves to reduce reliance on the U.S. dollar.

On October 30, LiveMint highlighted gold's global appeal. The article mentioned how central banks continue to expand their gold reserves, with net buying reaching 337 tonnes in Q3 2023.

This marks a near-record level, according to the World Gold Council. Escalating geopolitical tensions, especially in the Middle East, have also led investors to seek gold as a safe haven, pushing prices upward. In addition, strong economic data in the U.S., such as job growth and consumer spending, has affected expectations around Federal Reserve policies. These, in turn, have indirectly influenced gold.

By November 4, Egon von Greyerz, in his analysis of the global financial system, emphasized gold as a reliable store of value. He argued that "gold has always stood as a protector" during economic downturns, describing the asset as "the best-performing asset class in this century." Von Greyerz asserted that gold's continued strength could be attributed to its resistance to the "destruction of fiat money," making it an essential wealth-preserving asset in an increasingly unstable financial environment.

The Catalysts Pushing NexGold Forward

NexGold's acquisition of Signal Gold is expected to accelerate its growth as a mid-tier gold producer. According to NexGold's September 2024 investor presentation, this financing supports the ongoing development of the Goliath Gold Complex in Northern Ontario, which holds a combined measured and indicated gold resource of over 2.1 million ounces. Additionally, Signal's Goldboro project in Nova Scotia adds strategic value with historical production potential and significant exploration upside.

The Goliath project benefits from robust infrastructure, an approved environmental assessment, and a promising pre-feasibility study indicating a post-tax NPV of CA$336 million at US$1,750/oz gold. With this acquisition, the combined entity is expected to leverage its enhanced capital position to pursue further exploration and optimization, aiming for near-term production and establishing a solid platform for growth and consolidation in the Canadian gold sector.

What Are Experts Saying?

Ron Stewart, a mining analyst at Red Cloud Securities, maintained a Speculative Buy rating on NexGold with a target currently Under Review in his September analysis. Stewart stated that the merger with Signal Gold offered NexGold an accretive pathway to growth by adding the Goldboro project's resources to its portfolio. He noted that the combined assets of NexGold and Signal would form a "multi-asset company with over 6 million ounces in gold resources," which he described as synergistic and favorable for shareholders. Stewart anticipated the merger would close in Q4 2024, with upcoming catalysts including the Goliath Feasibility Study in Q1 2025 and a potential construction decision for Goliath in H2 2025. [OWNERSHIP_CHART-1961]

In the October 24 edition of What is Chen Buying? What is Chen Selling? Chen Lin offered a positive outlook on NexGold, noting heightened investor interest following recent updates, including expanded financing and merger plans. Lin's analysis aligned with Stewart's views on the company's growth potential, highlighting that, with the combined projects and new funding, NexGold is well-positioned for substantial operational growth and asset value expansion in the years ahead.

Ownership and Share Structure

The company notes management and insiders own 3.4% of NexGold.

Institutions own 17%.

Strategic investors own 37.4%. Frank Guistra owns 10.1%. On a partially diluted basis, Sprott owns 14.95%. Extract owns 14%. First Mining owns 4.3%. Matrix owns 1.9%, and Teck own 1.9%.

NexGold has 76 million shares and a market cap of CA$57.16 million.

Sign up for our FREE newsletter at: www.streetwisereports.com/get-news

Important Disclosures:

  1. NexGold Mining Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000.
  2. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexGold Mining Inc.
  3. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
  4. This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.

For additional disclosures, please click here.

( Companies Mentioned: NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA, )




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SmartBank secures USD 26 million for its personal finance management app

Japan-based startup SmartBank has announced the rise of a USD 26 million funding round, aimed at the development of its personal finance management app. 




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With signing of insurance bill, Lyft, Uber ridesharing loophole comes to an end

AB 2293 bans drivers from using their personal policies and mandates that drivers have to be covered from the moment they turn on their app and look for customers.; Credit: Photo by Daniel X. O'Neil via Flickr Creative Commons

Amid all the talk about cutting-edge technology, much of Uber and Lyft’s success actually owes to that fact the ride-sharing companies have been able to exploit a basic loophole: The companies foist the cost of insurance on their drivers, but the drivers' insurance companies don’t know they are underwriting cars for hire, and even if drivers wanted to be honest and get a policy that would cover ride-sharing, they couldn’t, because no such policy exists.

AB-2293, introduced by Assemblywoman Susan Bonilla (D-Concord) and signed into law Wednesday by Governor Jerry Brown, tries to close the loophole by paving the way for insurance companies to offer hybrid personal/commercial policies by next summer.

Uber once derided the bill as a backroom deal between insurance companies and trial lawyers.

"The bill does nothing to enhance safety, yet compromises the transportation choices and entrepreneurial opportunities Uber offers Californians," the company wrote in a June blog post that encouraged customers to contact their representatives opposing the bill.

However, the company backed down and supported the legislation when Bonilla insurance requirements were lowered.

AB 2293 also specifically bans drivers from using their personal policies and mandates drivers have to be covered from the moment they turn on their app and look for customers, which is a response to the tragic accident on New Year's Eve in San Francisco when an UberX driver hit and killed a six year old child.

Uber argued that because the driver was waiting for a fare he wasn't working for the company at the time, so he wasn't covered by the company's insurance.




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Warner Brothers job cuts determined by financial target

We reported last week that layoffs were coming soon to Warner Brothers, but how many positions will be cut is still unknown.  

A spokesman for Warner Brothers Entertainment, Paul McGuire, told KPCC there's no exact number yet. "There is no headcount reduction target, but there is a substantial financial target," Maguire said. 

“This is a budget issue, not a head count issue,” Dee Dee Myers, Warner Brothers Vice President of Corporation Communications told Variety.  The trade publication reports that Warner Brothers is expected to eliminate as many as 1,000 positions worldwide - or about 10 percent of its workforce:

Senior managers are currently assessing their businesses to come up with ways to trim overhead. Only at the end of that process will an exact reduction figure be known. It could be somewhat lower than the current numbers being speculated, but cuts are expected to be substantial.  

News of coming layoffs became public two weeks ago, when KPCC and other media outlets obtained an internal memo written by Warner Bros. Chairman and Chief Executive Officer Kevin Tsujihara.   

"It pains me to say this, positions will be eliminated—at every level—across the Studio," Tsujihara wrote in the memo. 

Morningstar Analyst Neil Macker told KPCC that management at Warner Brothers is trying to protect the company from another takeover play by Rupert Murdoch.  In July, Murdoch offered to buy parent company Time Warner for $80 billion. He withdrew the offer in August. 

 




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Bharat Panchal takes charge as Chief Risk, Security, and Stakeholder Management Officer, Bima Sugam India Federation

Bima Sugam India Federation is working to create a digital insurance marketplace in India.




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SK Food International introduces AncientGrisps

SK Food International introduces AncientGrisps to its extensive line of Premium Quality Ingredients.




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Snyder’s-Lance introduces new corporate logo

The new logo reinforces the snack manufacturer’s focus on premium branded snacks.




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Snyder's-Lance introduces Clearview Foods Division

The new division will focus on developing innovative snacks and capitalizing on emerging consumer trends.




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Getting Back to Basic Bakery Maintenance

We all know that little things can add up to big savings, and many of those little things are bakery basics in the plant. When was the last time you checked your compressed air system operating pressure or the flame on your oven burners? If you can’t remember, then it’s time to get back to the basics and keep tabs on things we might be taking for granted. A little preventative maintenance can go a long way.




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‘Green’ Performance with Purpose

Chipping in for a “greener” future, Frito-Lay North America’s snack manufacturing facility in Casa Grande, Ariz., is the company’s first Leadership in Energy and Environmental Design (LEED) Gold snack unit—a remarkable achievement in its own right. But the plant, which Frito-Lay calls its Near Net Zero project showcase, is also the result of a highly ambitious sustainability project that took the location “off the grids,” running primarily on renewable energy sources and recycled water, while producing zero landfill waste. The plant could be the most sustainable food production facility of its kind in the U.S.




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Optimizing Solar Thermal Performance

Data loggers can help installers maintain and repair systems easier.




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Solar Thermal Report- Spring 2013: Hybrid drainback appliance

Wagner & Co. unveils its newest line of SECUSOL systems designed as standalone appliances for domestic hot water preparation.




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Outcomes-based accreditation advances OSH profession

In an age where academic degrees may be literally printed from home, some experts are calling for the development of minimum requirements to accredit academic programs in the occupational safety and health (OSH) profession. 




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AIHA introduces comprehensive resources to enhance worker protections

Most OEHS professionals think they do not have enough measurements above the limit of detection to use statistical tools to characterize exposure risks.




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TyreGo.ie Launch Tyre Changer & Wheel Balancer Package

TyreGo.ie is now offering excellent value with their new Tyre Changer & Wheel Balancer packages.




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Billion Automobile Chooses Tegile Systems to Improve Storage Performance Across Its 16-Dealer Network

Tegile Systems, a pioneer in primary storage de-duplication in virtualized server and desktop environments, announced today that Billion Automobile, GMC's fourth largest U.S. dealership, has implemented Tegile's Zebi Storage Array.




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Wheelcare Discusses Their Wheel Balance Packages and Their Importance

Wheelcare Ltd. are a supplier of garage and tyre equipment with many products on offer such as their wheel balance equipment.




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TyreGo.ie Launch Easy Balance Balancing Compound for Truck & Commercial Tyres

TyreGo.ie has recently launched its first batch of Easy Balance Balancing Compound to the website.




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Record Attendance Expected at the NationaLease Spring Business Meeting

Meeting will be held in Naples, FL, March 12-13, 2013.




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HitPaw Edimakor Revolutionizes Video Editing with Advanced AI Subtitle Generator

Edimakor provides an AI subtitle generator to support multiple languages and enables accurate subtitling with hardly any human involvement.




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Marquis Who's Who Honors Rodger K. Johnson for Expertise in Financial Services

Rodger K. Johnson has made his mark on the world of financial planning across more than 45 years




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Marquis Who's Who Honors Colby Fischer for Expertise in Financial Planning and Analysis

Colby Fischer is an innovative leader with more than a decade of experience in the field of corporate finance




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Roofing Worker Gets Enhanced Award for Employer's Safety Violation

An Ohio appellate court upheld an enhanced award of benefits to an injured roofing worker for his employer’s violation of a specific safety requirement. Mauricio Rivera worked for Prime Roof Solutions…




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Bio blog: Melbourne cancer research partnership led by Australian icons

La Trobe University in Melbourne will bring its world-class scientific expertise to the newly launched Olivia Newton-John Cancer Research Institute (ONJCRI).