ri Security firm, FireEye, employed intern who is accused of developing Malware By www.bleepingcomputer.com Published On :: 2015-07-27T10:40:25-05:00 Full Article
ri Employees Said Kaspersky Faked Malware To Harm Rivals By www.bleepingcomputer.com Published On :: 2015-08-14T18:19:46-05:00 Full Article
ri Dr.Web quietly decrypting TorrentLocker for paid customers or distributors By www.bleepingcomputer.com Published On :: 2015-08-21T16:30:22-05:00 Full Article
ri New Deal: Award-Winning writing app, Scrivener for PC discounted 51% to $19.50 By www.bleepingcomputer.com Published On :: 2015-09-22T10:42:08-05:00 Full Article
ri Millions of T-Mobile Users and Applicants Hacked...Thanks to Experian Plc By www.bleepingcomputer.com Published On :: 2015-10-02T09:23:44-05:00 Full Article
ri Sandi Gibbons on journalism, working for the DA, and why she's retiring By feeds.scpr.org Published On :: Mon, 08 Apr 2013 12:30:11 -0700 Robert F. Kennedy's speech at the Ambassador Hotel. Sandi Gibbons the woman in the white dress on the bottom right. Patt MorrisonShe’s spent her life on both sides of the microphone. For half of her career she was a reporter, finding herself in places like the Ambassador Hotel ballroom on the night Robert F. Kennedy was shot, and in the courthouse covering Charles Manson. For the other half of her professional life, she spent a lot more time in L.A.’s courthouses as the spokeswoman for the L.A. County District Attorney’s office. She served three DAs, and now she’s hanging it up. Her retirement lunch was attended by three past and present DAs, with a fond message from a fourth, and as many of her reporter and DA friends could fit in the restaurant. RELATED: Veteran reporter, DA spokesperson Sandi Gibbons is retiring Sandi Gibbons has tales to tell, and here she recounts a few funny, moving and plain old perplexing ones from her life in court. And I can tell you from knowing her, she is one great dame. Correction: Original headline spelled Sandi Gibbons' name "Sandy" This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri A brief history of my evening with Stephen Hawking By feeds.scpr.org Published On :: Fri, 12 Apr 2013 15:54:40 -0700 Patt Morrison and Stephen Hawking at Cal-Tech. ; Credit: Dave Coelho/KPCC Patt MorrisonThe renowned physicist, cosmologist and lover of Indian food is at Caltech for his annual dinner and lecture visit. I broke naan across from him Thursday at dinner, which was cooked by a class of adept Caltech students. I had a short interview with him, and with the student-chefs, which will be airing on “Off-Ramp” soon. As we took the photograph, I had just made a little joke, which accounts for his smile [producer Dave Coelho didn’t get a smile, but maybe he’s not as funny nor as glamorous as I am]. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Patt's Hats: Time for the rights of spring – color! By feeds.scpr.org Published On :: Mon, 15 Apr 2013 17:36:02 -0700 Patt's outfit for April 12, 2013.; Credit: Michelle Lanz/KPCC Patt Morrison with Michelle LanzYou don’t believe it looking out your windows in Southern California today, but spring it is. Perhaps I am forcing the spring by wearing bouquets on my stems – I think I can identify ranunculus, poppies, dianthus, and maybe roses? I don’t know how authentically botanical fabric print designers think they ought to be, but I have an unshakable childhood recall of a bedroom in my great-grandmother’s house wallpapers in blue roses, and I was for years thereafter convinced that I could grow myself some blue roses. And is there a happier color than this jacket’s coral/peach, or a springier fabric than the cotton-blend pique? It’s not as strenuous a shade as it would be in its brightness equivalent elsewhere on the color wheel, like electric blue or acid green. [And if it were, well, I’d wear it anyway!] But the cloche hat – Daisy Buchanan, eat your platinum heart out. The ruched ombre silk ribbon on the crown and the minute bits of bent and curled ostrich feathers, like hatchlings on the hat! [I like saying that even more than I like writing it: "ruched ombre." It sounds like a fantastical concoction of molecular gastronomy: "the rambutan brûlée this evening is topped with ruched ombre."? Any bets on whether the May release of "The Great Gatsby" will revive 1920s chic? Who’s ready for dropped waistlines, lower heels and long sautoir necklaces? This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Patt's Hats: Seeing green and black for spring By feeds.scpr.org Published On :: Thu, 25 Apr 2013 15:13:35 -0700 ; Credit: Michelle Lanz/KPCC Patt Morrison with Michelle LanzThis is my Earth Day homage, with the green cotton poplin coat and the nifty closures. Couture and hardware experts! Can I beseech you to tell us what this type of closure is called? The round metal gizmo is a grommet, but what do you call the short bar at the end of a chain that goes through the grommet to secure it? I hope there’s some fanciful medieval word for it, because in my fevered romantic brain, it has the feel of the kind of clothing closure that might have been used for a coat of mail or doublet or surcoat or cotehardie or any of a number of divinely archaic phrases for wardrobe items. Can a print still be spring-y when it’s on a black background, like this one? I’ve heard that there’s a new vogue for prints in tshirts. I would welcome that, because I’m weary of the myriad dreary fan-girl T-shirts, and the clever or hip ones meant to show that you are unique, along with the other two-million people wearing the identical shirt. I’ve seen enough devil’s horns and skulls and snakes to fill the Book of Revelations, so let’s just move along, shall we? These shoes I wear, but rarely. Otherwise they doze quietly in their red flannel shoe bag: my green patent-leather Louboutins. I’d coveted them since seeing them new in a shop in London, when they cost about as much as my plane ticket. I lay in wait for years for someone to put them up on eBay. The name of the style is “Iowa.” Did the person in charge of naming styles for M. Louboutin know that Iowa is a flat agricultural state smack dab in the middle of the United States? Or perhaps he or she simply liked the esthetics of a word with three vowels and a consonant. What leads me to suspect the latter is the fact that Paris has a wanna-be TexMex cafe named “Indiana.” When I went there, it was chockablock with images of Indians, who have nothing to do with TexMex food and are not much associated these days with the state of Indiana. For the life of me, I can’t remember where I got the bracelet, but the blue-green-colored “art glass” cabochons practically glow, like that magnificent iridescence that you find in nature. It goes by the fine name ‘’goniochromism,’’ which you should really start throwing around more in general conversation. It’s the purview of butterfly wings and peacock feathers and scarabs and abalone shells, of course, and of that changeable taffets which seems to have a recrudescence every few years on the racks of prom gowns, and probably should not. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Patt's Hats: Flowy fabrics, chunky jewelry and mismatching shoes By feeds.scpr.org Published On :: Thu, 08 Aug 2013 14:43:34 -0700 Patt Morrison's ensemble for Aug 8, 2013.; Credit: Dave Coelho/KPCC Patt MorrisonWhat shall we call this color scheme? How about ‘Manhattan Mermaid’? The petrel blues, the turquoises, the aquas – and then that uptown/downtown black, in this case a black linen duster over a Peter Max-style splashy-print silk dress. The way the hem pools at the sides a bit reminds me of the cut of Pre-Raphaelite ladies’ tunics; I’d love to dress “period” for a week to see whether I’d like it. Imagine, a week of hoop skirts … a week of 1950s tailleurs … a week of bustles … a week of hobble skirts … a week of liberated Pre-Raphaelite velvet gowns! The hat is so unmistakably summer in fabric and color that it doesn’t get out of the hatbox as much as it should, poor thing. And the shoes – I did not get them together, honest, but even though the prints don’t match, it’s the dissonance that makes them work better together than if they had. The fabric is a very textured canvas and printed like batik. [They are not the soul of comfort – oh what a dreadful pun, but is there any other kind of pun? – but they look smart hooked over the railing of a chair in a chic bistro, which is where I intend to take them!] And the bracelets, one from a great-aunt who had a fine eye for jewelry – the turquoise is almost Persian, it’s so green, but it’s more likely to be American. The cuff is definitely Southwest, with the rope-pattern trim and the irregularly shaped bezels, although the turquoises themselves are symmetrical. Because I’m left-handed, my right arm bears the singular honor of being “ornamental,” and bearing the burden of the bling. Summer on, ladies! This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Patt's Hats: Pink and gray, ant accessories and silver shoes By feeds.scpr.org Published On :: Wed, 28 Aug 2013 14:04:28 -0700 ; Credit: Michelle Lanz/KPCC Patt MorrisonSomeone just told me that pink and gray were Vassar’s colors. I would say, “Go Vassarettes!” but, one, Vassarette is a line of brassieres, and, two, the Vassar mascot is The Brewer, for the profession of its founder, Matthew Vassar. You go, Seven Sisters girls and guys! The scarf is one of two I picked up on vacation – for some reason insect themes are big just now. This one has little gray ants marching over a pink field, a reminder of – what? Teamwork? Conformity? Time to call the exterminator? The other scarf, which I’ll wear presently, is the color of a ripe nectarine, with a pattern of vividly colored beetles. Scarabus chic. Dashing, no? The glittery pink shirt is one more example of that contrast that I like, against the matte gray knit of the sweater (indoor-outdoor wear for L.A. summers, going from AC to Fahrenheit in a flash). Which explains the vast and shady hat – like a veranda on my head! I was surprised at myself for buying these shoes – silver and bright pink; when would I ever be wearing that? But there they are, slingbacks made by “Emma Hope’s shoes, Regalia for feet,” an irresistible name. The oval seal with the maker’s name reminded me of the oval seal on shoes made by Rayne, the 19th-century London shoemaker that had shod the women of the royal family for decades (but not the last two generations of those chic ladies: Diana, Princess of Wales, and Katherine, Duchess of Cambridge). Please don’t blame Rayne for the Queen’s inordinate fondness for platform peeptoe shoes – her mother made her do it. Literally. Those royal ladies – the Queen, her late mother and late sister, Margaret – were quite short, and those shoes boosted their height. But still … Here is Rayne’s website for a look at some of the glamorous and glorious shoes for feet past and present – including Anna Pavlova’s, prima ballerina assoluta. Mary Quant designed for Rayne. And before you look, that old caution: If you have to ask how much … A pair of Rayne shoes is on my fantasy list for thrift-store finds, along with a Fortuny dress and a wild Schiaparelli hat. I believe, I believe... This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Spider Plot III – Custom Charts (Authoring) By feedproxy.google.com Published On :: Fri, 14 Feb 2020 14:00:14 +0000 Sean‘s pick this week is spider_plot by Moses. Last week, we looked at the custom chart I created. This week, we’ll look at authoring it. Contents Authoring the Custom Chart Full... read more >> Full Article Advanced MATLAB Picks
ri Ridgeline Visualization By feedproxy.google.com Published On :: Mon, 27 Apr 2020 12:58:40 +0000 Jiro's Pick this week is joyPlot by Santiago Benito.I must admit that I was simply drawn by the visualization, rather than the name of the function, as I was not familiar with the band or the music... read more >> Full Article Picks
ri FilmWeek: Streaming Edition -- ‘Human Capital,’ ‘The Platform,’ ‘Crip Camp’ and more By feeds.scpr.org Published On :: Fri, 20 Mar 2020 09:01:17 -0700 Alex Wolff in Human Capital.; Credit: Vertical Entertainment/Human Capital (2019) FilmWeek®Larry Mantle and KPCC film critics Lael Loewenstein, Claudia Puig and Tim Cogshell review this weekend’s new (streaming and VOD) movie releases. "Human Capital" on DirecTV "Crip Camp" on Netflix "The Platform" on Netflix "Blow The Man Down" on Amazon Prime Video "Phoenix, Oregon" on film's website "The Dog Doc" on Amazon Prime Video "Hooking Up" on Xfinity OnDemand CORRECTION: The film Human Capital is available on all on-demand platforms as of March 20th. Guests: Claudia Puig, film critic for KPCC and president of the Los Angeles Film Critics Association (LAFCA); she tweets @ClaudiaPuig Lael Loewenstein, KPCC film critic and film columnist for the Santa Monica Daily Press; she tweets @LAELLO Tim Cogshell, film critic for KPCC, Alt-Film Guide and CineGods.com; he tweets @CinemaInMind This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri FilmWeek: ‘I Still Believe,’ ‘Banana Split,’ ‘Vivarium’ and more By feeds.scpr.org Published On :: Fri, 27 Mar 2020 08:57:26 -0700 KJ Apa and Britt Robertson in "I Still Believe" ; Credit: Lionsgate/I Still Believe (2020) FilmWeek®Larry Mantle and KPCC film critics Amy Nicholson and Wade Major review this weekend’s new movie releases. "I Still Believe" on VOD "Banana Split" on VOD "Vivarium" on VOD "Resistance" on VOD "Vitalina Varela" on GrasshopperFilm.com "Uncorked" on Netflix "Dosed" on film's website "The Occupant" on Netflix "Tape" on VOD "There's Something In The Water" on Netflix Guests: Amy Nicholson, film critic for KPCC, film writer for The Guardian and host of the podcasts ‘Unspooled’ and the podcast miniseries “Zoom”; she tweets @TheAmyNicholson Wade Major, film critic for KPCC and CineGods.com This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri How Director Eliza Hittman’s Journey To Pregnancy Centers In Rural America Inspired Her New Film ‘Never Rarely Sometimes Always’ By feeds.scpr.org Published On :: Fri, 03 Apr 2020 09:00:08 -0700 Director Eliza Hittman on the set of her film "Never Rarely Sometimes Always". ; Credit: Focus Features/Never Rarely Sometimes Always (2020) FilmWeek®The film “Never Rarely Sometimes Always” was slated for a theatrical release in March, but due to COVID-19 screenings were postponed. Instead, the film is out on digital this week, currently sporting a 98 percent rating on Rotten Tomatoes and receiving critical acclaim both here on FilmWeek and nationwide as one of the best films of 2020 so far. Writer-director Eliza Hittman’s third feature-length film is about two teenage girls Skylar (Talia Ryder) and Autumn (Sidney Flanagan) from rural Pennsylvania who travel to New York City for medical help after an unplanned pregnancy. Hittman says the idea for the film came to her when she read in a book about how some women in Ireland, which up until recently had very strict laws against abortions, would travel from Ireland to London in 24 hours just to get a procedure. It struck her as worthy of a screenplay, and the idea was born. As part of her research for the film Hittman went to a small coal-mining community in rural Pennsylvania and, even though she wasn’t pregnant, visited pregnancy centers, got tested, and talked with women getting treatment and counseling so she could, as she says, “write the scenes with credibility.” Today on FilmWeek, we’ll air “The Frame” host John Horn’s interview with “Never Rarely Sometimes Always” director Eliza Hittman where the two discuss how Hittman came up with the idea for the film, her journey to rural America to find out what visiting pregnancy centers there is like, and how that informed the way she conceived and wrote the film. Guest: Eliza Hittman, writer and director of “Never Rarely Sometimes Always” This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri 2020 TCM Classic Film Festival Goes Virtual With Special Home Edition During COVID-19 By feeds.scpr.org Published On :: Fri, 17 Apr 2020 09:00:39 -0700 Closing Night Party at last year's 2019 TCM 10th Annual Classic Film Festival in Hollywood, California. ; Credit: Presley Ann/Getty Images for TCM FilmWeek®Like all public events following the start of widespread stay-at-home orders from the state and federal government, the 2020 TCM Classic Film Festival was unfortunately cancelled this year due to health concerns posed by COVID-19. But festival faithful and classic film buffs won’t be left hanging this year. Instead of a live, in person event, TCM decided to do a Special Home Edition of the annual festival that will air on the TCM Channel. The festival kicked off Thursday evening with a screening of the 1954 version of “A Star is Born” starring Judy Garland and James Mason and will include a number of films from past years’ festival lineups as well as ones that were slated for this year’s event. It ends late Sunday night (technically early Monday morning) with a screening of the 1982 film Victor/Victoria, for which Julie Andrews was slated to be in attendance at the 2020 festival before it was cancelled. Today on FilmWeek, Turner Classic Movies hosts Ben Mankiewicz and Dave Karger join Larry Mantle to preview this year’s Special Home Edition of the TCM Classic Film Festival, talk about having to pivot due to the pandemic, and sharing some of their favorite films that are screening at this year’s event. For a list of films and showtimes, click here. Guests: Ben Mankiewicz, host for Turner Classic Movies; he tweets @BenMank77 Dave Karger, host for Turner Classic Movies and special correspondent for the Internet Movie Database (IMDb); he tweets @DaveKarger This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Selective fishing could damage Marine and Coastal By ec.europa.eu Published On :: Thu, 1 Jul 2010 12:50:20 +0100 Selective fishing aims to prevent the overexploitation of target fish species and to protect by-catch species, but recent research has indicated that it could be having the opposite effect by damaging biodiversity and sustainability. An alternative approach called 'balanced exploitation' works at the level of the ecosystem instead of selectively removing specific components from the ecosystem. Full Article
ri New tool for determining impacts on marine communities By ec.europa.eu Published On :: Thu, 14 Oct 2010 15:29:39 +0100 A recent study has demonstrated that it is possible to identify which human pressures, such as fisheries and environmental pollution, are causing changes in Marine and Coastal by combining the trends in different indicators. This approach can be used as a tool for integrated ecosystem assessment and management. Full Article
ri Filling in the gaps in Marine Protected Areas By ec.europa.eu Published On :: Thu, 10 Feb 2011 12:15:01 GMT Although a total of 1.3 per cent of global marine areas is currently within Marine Protection Areas (MPAs), this is far from the Convention of Biodiversity's (CBD) 10 per cent target. Significant progress has been made over the last few years, but a new report suggests there is room for improvement as MPA coverage is very uneven and not all eco-regions and habitats are represented. The report makes several recommendations for maximising the effects of MPAs. Full Article
ri Deep sea filming reveals thriving fish communities among Irish coral reefs By ec.europa.eu Published On :: Thu, 26 Jan 2012 15:46:32 GMT The importance of coral reefs in supporting diverse fish communities has been highlighted in a recent study. However, the effects of damaging fishing techniques were also observed in video footage of the reefs studied, located off the coast of Ireland. Full Article
ri Coastal structure repairs can significantly disturb Marine and Coastal By ec.europa.eu Published On :: Thu, 26 Jan 2012 15:47:10 GMT Renovating coastal structures, such as breakwaters, groynes, artificial reefs, quays and sea walls, can be destructive to Marine and Coastal as it encourages opportunistic and invasive species, according to recent research. Repairs can be particularly damaging if conducted in spring or summer, so repair schedules should be recognised in marine planning strategies to minimise negative ecological effects, say the researchers. Full Article
ri Five strategies to help damaged Marine and Coastal recover By ec.europa.eu Published On :: Thu, 2 Feb 2012 11:57:31 GMT Between 10 and 50% of marine species and ecosystems are recovering from population declines and degradation, according to recent research, which identified five strategies for successful recoveries. Recoveries are often driven by a combination of factors, which include restricting exploitation, better protection of vulnerable habitats and greater political support and local involvement with conservation. Full Article
ri Better monitoring of low level pollutants needed to protect marine life By ec.europa.eu Published On :: Thu, 13 Sep 2012 11:40:57 +0100 A new study of pollutants in Mediterranean coastal waters assesses the risks posed by difficult-to-detect chemicals present at low concentrations. Coastal monitoring programmes may be required to control discharges of some of these pollutants, which, at current levels, could be harmful to sensitive marine creatures. Full Article
ri Effects of organochlorine pollution on animals take a long time to wear off By Published On :: Thu, 22 Nov 2012 11:49:01 GMT Populations of otters, grey seals and sea eagles are slowly recovering in Sweden, which is likely to be thanks in part to a ban on organochlorine chemicals, such as PCBs and DDT, in the 1970s, according to a new study. However, the research shows that negative effects of these chemicals on the reproductive health of female animals persisted for more than 15 years after the ban was introduced. Full Article
ri Reducing fishing in marginal areas could substantially reduce the footprint and impact of seabed fishing By ec.europa.eu Published On :: Wed, 18 Dec 2013 08:55:05 GMT Seabed fishing grounds in the UK are made up of intensively fished core areas surrounded by more rarely used marginal areas, new research shows. Excluding these margins, which contain only 10% of the total fishing activity, approximately halves the total area of fishing grounds. Thus reducing the fishing footprint by closing the marginal areas will disproportionately reduce the seabed impact of fishing activity. Full Article
ri 4 awesome discoveries you probably didn't hear about this week -- Episode 31 By feedproxy.google.com Published On :: 2019-08-24T07:00:00Z 4 awesome discoveries you probably didn't hear about this week -- Episode 31 Full Article
ri Camera brings unseen world to light By feedproxy.google.com Published On :: 2019-08-28T07:00:00Z Camera brings unseen world to light Full Article
ri New way to 'see' objects accelerates the future of self-driving cars By feedproxy.google.com Published On :: 2019-08-29T07:00:00Z New way to 'see' objects accelerates the future of self-driving cars Full Article
ri 4 awesome discoveries you probably didn't hear about this week -- Episode 32 By feedproxy.google.com Published On :: 2019-08-31T07:00:00Z 4 awesome discoveries you probably didn't hear about this week -- Episode 32 Full Article
ri New sensors to monitor storm surge on bridges By feedproxy.google.com Published On :: 2019-09-03T07:00:00Z New sensors to monitor storm surge on bridges Full Article
ri California issues first permits for self driving cars By feeds.scpr.org Published On :: Wed, 17 Sep 2014 15:07:25 -0700 An image released by Google shows an early version of its driverless vehicle. The company has built several prototypes of the self-driving car.; Credit: /Google California is one step closer this week to making the 1980s Hollywood fantasy of Knight Rider a 21st century reality because permits for self-driving cars issued by the Department of Motor Vehicles officially went into effect Tuesday. Now a handful of companies can test automated cars on public roads. Buckle up — it's gonna be a wild ride. John O'Dell is a Senior Editor at Edmunds.com, and he joins Alex Cohen to talk about what this means for the future of the driverless car industry. Full Article
ri With signing of insurance bill, Lyft, Uber ridesharing loophole comes to an end By feeds.scpr.org Published On :: Wed, 17 Sep 2014 16:24:02 -0700 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. Full Article
ri Putting A Price On COVID-19 Treatment Remdesivir By feeds.scpr.org Published On :: Fri, 08 May 2020 07:40:13 -0700 Remdesivir, an experimental antiviral drug made by Gilead Sciences, has been authorized by the Food and Drug Administration for emergency use in treating severely ill COVID-19 patients.; Credit: Ulrich Perry/POOL/AFP via Getty Images Sydney Lupkin | NPRNow that the Food and Drug Administration has authorized remdesivir for emergency use in seriously ill COVID-19 patients, the experimental drug is another step closer to full approval. That's when most drugs get price tags. Gilead Sciences, which makes remdesivir, is donating its initial supply of 1.5 million doses, but the company has signaled it will need to start charging for the drug to make production sustainable. It's unclear when that decision might be made. "Going forward, we will develop an approach that is guided by the principles of affordability and access," Gilead CEO Daniel O'Day told shareholders during the company's annual meeting Wednesday. In a quarterly financial filing made the same day, Gilead said its investment in remdesivir this year "could be up to $1 billion or more," much of it for scaling up manufacturing capacity. The company also acknowledged that it's in the spotlight. "[G]iven that COVID-19 has been designated as a pandemic and represents an urgent public health crisis, we are likely to face significant public attention and scrutiny about any future business models and pricing decisions with respect to remdesivir," Gilead said in the quarterly filing. How will the company balance its business calculations with the drug's potential value to society? "Gilead has not yet set a price for remdesivir," company spokeswoman Sonia Choi wrote in an email to NPR. "At this time, we are focused on ensuring access to remdesivir through our donation. Post-donation, we are committed to making remdesivir both accessible and affordable to governments and patients around the world." Among potential treatments for COVID-19, remdesivir, an intravenous drug that was once studied for Ebola, is one of the furthest along. "It's hard to imagine a situation in which there will be more public scrutiny," said Michael Carrier, a professor at Rutgers School of Law who specializes in antitrust and pharmaceuticals. "On the one hand, Gilead will try to recover its R&D in an atmosphere in which it is able to potentially make a lot of money. On the other hand, the pressure will be intense not to charge what's viewed as too high a price." Breaking with its usual practices, the Institute for Clinical and Economic Review, or ICER, an influential nonprofit that analyzes drug pricing, issued an expedited report on remdesivir. "Under normal circumstances, we would be unlikely to do a report when the evidence is this raw and immature," ICER President Steven Pearson said in an interview with NPR. "But it was quite clear that the world is moving at a much quicker pace." If the price is based just on the cost of making the drug, then a 10-day course of remdesivir should cost about $10, according to the ICER report. (Gilead said results of a recently completed study suggest a five-day course of treatment may be just as effective.) But if the drug is priced based on the drug's effectiveness, ICER estimates it should cost around $4,500 — assuming the drug is proven to have some benefit on mortality. If it doesn't and the drug only shortens hospital stays, that value-based price goes down to $390. Results from a federally funded study described by Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, suggested that remdesvir could reduce recovery time by a median of four days — 11 days to recovery for patients treated with remdesivir compared with 15 days for those who got a placebo. A potential survival benefit is less clear. Rutgers's Carrier said he expects Gilead to set the remdesivir price somewhere between the $10 and $4,500 that ICER estimated. The company has already shown that it can respond to public pressure when it asked the FDA to rescind the orphan drug status it won for remdesivir, he pointed out. "When you see that $10 figure, that sets a benchmark for a figure that is eminently affordable," Carrier said. Ultimately, he said a price more than $1,000 per treatment course would be unpopular. Gilead "will be watched very carefully," he said, because of its prior history of pricing. He referred to two other Gilead drugs that drew scrutiny over high price tags. The company charged $1,000 per pill for Sovaldi, a cure for hepatitis C. And its HIV drug Truvada can cost $22,000 per year. But there is such a thing as pricing remdesivir too low, said Craig Garthwaite, who directs the health care program at Northwestern University's Kellogg School of Management. "We don't think this is the only drug we need," he said, adding that remdesivir doesn't appear to be a "home run" against the coronavirus, based on existing data. "The thing that would worry me the most is that we're somehow telling people that if you take the risky bet to try, and you'll go after a coronavirus cure and you do it, you're not going to get paid." Instead, he said he would like to see acceptance of a generous price for remdesivir to send the message to drug companies that the best thing they can do is "dedicate every waking moment to trying to develop that cure, and that if they do that, we will pay them the value they create," he said. During a Gilead earnings call on April 30, analysts asked executives whether they could expect similar financial returns on remdesivir as they've seen with Gilead's other drugs. "There is no rulebook out there, other than that we need to be very thoughtful about how we can make sure we provide access of our medicines to patients around the globe," Gilead CEO O'Day said. "And do that in a sustainable way for the company, for ... shareholders, and we acknowledge that." On May 1, the FDA authorized remdesivir for emergency use, meaning it will be easier to administer to hospitalized patients with severe disease during the pandemic, but the drug is not yet officially approved. The federal government is coordinating distribution of the treatment. Day acknowledged on the recent earnings call that the company "could" charge for remdesivir under an emergency use authorization, but he stressed that Gilead is donating its current supply, which should last through "early summer." To date, the National Institutes of Health said it has obligated $23 million toward its COVID-19 remdesivir trial. And the U.S. Army Medical Research Institute of Infectious Diseases did some of the early in vitro and animal studies with the medicine prior to the pandemic. "Taxpayers are often the angel investors in pharmaceutical research and development, yet this is not reflected in the prices they pay," Reps. Lloyd Doggett, D-Texas, and Rosa DeLauro, D-Conn., wrote in a April 30 letter to Health and Human Services Secretary Alex Azar. Concerned about remdesivir's price, they asked for a full breakdown of taxpayer funds that have gone toward the development of the medicine. "An unaffordable drug is completely ineffective," they wrote in the letter. "The substantial taxpayer investments in COVID-19 pharmaceutical research must be recognized." Copyright 2020 NPR. To see more, visit https://www.npr.org. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Small, Private Colleges Get Boost From Coronavirus Relief Funds By feeds.scpr.org Published On :: Fri, 08 May 2020 11:00:20 -0700 ; Credit: LA Johnson/NPR Elissa Nadworny and Diane Adame | NPRWhen Congress allocated money for higher education in the coronavirus rescue package, it set aside nearly $350 million for colleges that had "significant unmet needs." Most of that money has now been allotted by the U.S. Department of Education to small, private colleges that serve just a fraction of U.S. college students. Meanwhile, public colleges — which serve more than 70% of all college students — are facing a steep drop in state funding. The 20 institutions that received the most amount of money from the unmet-need fund serve less than 3,000 students combined, and about half are religious schools — including Bible colleges and seminaries — several of which serve less than 100 students. Don't see the graphic above? Click here. Lawmakers designed this unmet-need fund to give priority to any higher education institution that has received less than $500,000 through the CARES Act's other pots of funding. As a result, a school like Virginia Beach Theological Seminary, which serves 47 students, is eligible to receive $496,930 in federal aid. "Imagine you had a special reserve fund to deal with a big crisis and you spent over 90% of that in one fell swoop on vacation tickets," or something that "wasn't as necessary in the moment," says Ben Miller, the vice president for postsecondary education at the left-leaning Center for American Progress. Miller argues larger public colleges, including community colleges that serve tens of thousands of students, should be getting more financial support. He calculates the department allocated more than $320 million of the $350 million on relief for small colleges, most of them private. "As a result, they only have about 8% of the dollars they originally got here left to help any other college in the country that might be most affected," he says. As with other CARES Act funding, in order to receive the money, an institution would still need to request it from the Department of Education. Much of the CARES Act's more than $14 billion for higher education is being distributed according to the number of full-time low-income students a college serves, which is measured through federal Pell Grants. The $350-million unmet-need fund followed a different formula. Miller says for this particular pot, schools that did not receive $500,000 or more from other available CARES Act funds were given the difference between what they did receive and $500,000 limit. "So the result is that the smaller you are and the less money you've already gotten, the more you get from this program," Miller says. But $350 million can only go so far. Education Secretary Betsy DeVos was given the discretion to choose which schools would benefit from the fund, and by how much. Some schools were baffled when they learned they had been allotted hundreds of thousands of dollars in relief, and many weren't aware they were even eligible for the money. Brad Smith, the president of Bakke Graduate University in Dallas, which was allotted $497,338 in federal aid, says he didn't learn of his school's eligibility until he was contacted by NPR. "I don't know anything about this," Smith says, noting that his school hadn't asked for additional federal help. "I'm taking responsibility to find out what it means." An Education Department spokesperson tells NPR, "In order to receive this funding, an institution will need to request it. Any institution that does not need this money should simply decline to request it so schools will not be in the position of having to return unneeded funds." The department says, once the requests are processed, any remaining funds will be redistributed through competitive grants. Copyright 2020 NPR. To see more, visit https://www.npr.org. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri In Belarus, World War II Victory Parade Will Go On Despite Rise In COVID-19 Cases By feeds.scpr.org Published On :: Fri, 08 May 2020 11:40:10 -0700 World War II veterans Pyotr Vorobyev (left), 90, and Pavel Yeroshenko, 94, attend a performance in Minsk by the 120th Rogachev Guards Mechanized Brigade of the Belarusian Armed Forces ahead of the 75th anniversary of the victory in World War II. Belarus is raising eyebrows — and concerns — by going ahead with a mass military parade marking the anniversary on Saturday.; Credit: Natalia Fedosenko/TASS Charles Maynes | NPRWith the coronavirus forcing much of Europe to tone down public celebrations this week marking the 75th anniversary of the end of World War II, the small nation of Belarus is raising eyebrows — and concerns — by going ahead with a mass military parade in the capital Minsk on Saturday. The move reflects the business-as-usual approach of the country's longtime president, Alexander Lukashenko — a former Soviet collective farm director leading what the U.S. once dubbed the last dictatorship in Europe. As the coronavirus has raced across the globe, Lukashenko has dismissed the pandemic as mass "psychosis" — a disease easily cured with a bit of vodka, a hot sauna or time spent playing hockey or doing farm work on one of country's legendary Soviet-designed tractors. The country's soccer league still competes. Belarus' schools opened after a short delay. And annual Victory Day celebrations will go on. The government "simply cannot cancel the parade," the Belarusian leader said in a Cabinet meeting this week. "It's an emotional, deeply ideological event." In a rare concession to at least some social distancing measures, Lukashenko has urged Belarusian men to spend time with their families, rather than their mistresses. But behind the theatrics sits a wily politician who plays to his base in the country's towns and villages, analysts say. "Lukashenko prioritizes combating panic rather than combating the pandemic," Artyom Shraibman, a Minsk-based political analyst with Sense Analytics, tells NPR. "He downplays the threat, and of course he's very concerned about [the] state of [the] economy." Shraibman notes similar echoes coming out of the Trump White House. Belarus has reported over 21,000 suspected coronavirus cases and more than 120 deaths — comparatively low in the global count, but one of the fastest-growing infection rates in Europe, the World Health Organization says. Amid the growing crisis, Belarusian civil society is rallying to fix what Lukashenko will not. With many Belarusians now self-isolating by choice, even the country's health ministry has endorsed some public distancing measures over Lukashenko's advice. Volunteers have raised money to buy personal protective gear for hospitals. Restaurants have donated food. Hotels provide rooms pro bono to medical workers. Private businesses have raised funds. "People who normally don't talk to each other are working together to help," says Andrej Stryzhak of #ByCovid19, a group of volunteer activists leading crowdfunded efforts to equip health workers across the country. "It's been magical and I don't use that word lightly." Stryzhak says many are bracing for the aftershocks of Saturday's Victory parade, where attendance isn't required but there are reports of pay bonuses given to those who show up. "We believe in statistics. And the experts and doctors tell us that if there's a crowd, then expect a new spike in cases a week or two later," says Stryzhak. "Belarus isn't Mars," he adds, noting that the country is as susceptible to the virus as any other. Meanwhile, Lukashenko's contrarian approach has also fueled a rift with Belarus' big brother to the east. Russia has embraced lockdowns amid its own soaring coronavirus infection rates. This week, the Belarusian leader ordered the expulsion of a journalist from Russia's Channel 1 state television network after it aired a report criticizing Lukashenko for risking lives and ignoring the pandemic. "Leave us alone and don't count your chickens before they hatch," said Lukashenko. "Later we'll sit and find out who was right." Copyright 2020 NPR. To see more, visit https://www.npr.org. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Lawmakers Want To Get Americans More Relief Money. Here's What They Propose By feeds.scpr.org Published On :: Fri, 08 May 2020 13:00:11 -0700 "For Sale By Owner" and "Closed Due to Virus" signs are displayed in the window of Images On Mack in Grosse Pointe Woods, Mich. Congress is considering ways to help those struggling during the economic downturn and stabilize businesses hoping to reopen.; Credit: Paul Sancya/AP Kelsey Snell | NPRUpdated at 3:20 p.m. ET Democrats and some Republicans are considering ways for the federal government to get money into people's pockets while the coronavirus is keeping much of the economy on ice. Proposals for the next round of aid are being floated, and Democrats in the House are prepping another relief package as jobless claims continue to rise in the country. The Labor Department announced Friday that 20.5 million jobs were lost in April, pushing the overall unemployment rate to 14.7 %. House Speaker Nancy Pelosi, D-Calif., hopes to release another bill, which is being crafted without the input of Republicans or the White House as early as next week. "This is a reflection of the needs of the American people," Pelosi said Thursday. "We have to start someplace and, rather than starting in a way that does not meet the needs of the American people, want to set a standard." The latest proposal from Sens. Kamala Harris, D-Calif., Bernie Sanders, I-Vt., and Ed Markey D-Mass., is a plan for the federal government to provide $2,000 a month for every individual earning less than $120,000, including children and other dependents. The draft legislation would extend the payments until three months after the public health emergency is lifted. The proposal is a vast expansion on the recovery rebate program that sent a one-time payment of $1200 to every person earning less than $75,000 and an additional $500 for every child. The trio of Democratic senators wants to make the payments, which would be available to every U.S. resident, retroactive to March. They didn't provide a cost estimate for the ambitious proposal, and it's unclear whether Senate leaders have an appetite for payments like these. Official scorekeepers at the Congressional Budget Office estimate that the existing one-time $1200 payment program in the CARES Act package enacted in March could cost around $300 billion. Republican leaders have signaled concerns with the growing cost of the relief bills that have already passed. Senate Majority Leader Mitch McConnell, R-Ky., has called for a pause on any new aid. "Let's see what we are doing that is succeeding, what is not succeeding, what needs less, what needs more," McConnell told reporters in April. "Let's weigh this very carefully because the future of our country in terms of the amount of debt that we are adding up is a matter of genuine concern." Not all Republicans agree. Sen. Josh Hawley, R-Mo., has introduced a comprehensive response plan that includes a proposal to cover 80 percent of payroll for companies that rehire workers and a bonus for the companies that take advantage of the program. "The federal government should cover 80 percent of wages for workers at any U.S. business, up to the national median wage, until this emergency is over," Hawley wrote in an editorial in The Washington Post. "The goal must be to get unemployment down — now — to secure American workers and their families, and to help businesses get ready to restart as soon as possible." Hawley's proposal would cap payments at the national median income level. The median income can be calculated in several different ways. Hawley told St. Louis Public radio the payments could be as high as $50,000. Other calculation set the figure at roughly $33,000, a figure many Democrats say is not sufficient in higher-cost areas like cities. House Progressive Caucus co-chair Rep. Pramila Jayapal, D-Wash., has a separate version that would guarantee a worker's full salary up to $100,000 for three months. Jayapal's plan would automatically renew the payments on a monthly basis until consumer demand returns to pre-crisis levels. The proposal has nearly two dozen co-sponsors but has not received an endorsement from party leadership. Pelosi has not ruled out the possibility of including some minimum income payments in an upcoming coronavirus aid bill. "We may have to think in terms of some different ways to put money in people's pockets," Pelosi said in an interview with MSNBC. "Let's see what works, what is operational and what needs other attention." Copyright 2020 NPR. To see more, visit https://www.npr.org. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Supreme Court Puts Temporary Hold On Order To Release Redacted Mueller Materials By feeds.scpr.org Published On :: Fri, 08 May 2020 13:20:12 -0700 The Trump administration asked the Supreme Court to block Congress from seeking the materials, saying, "The government will suffer irreparable harm absent a stay."; Credit: Andrew Harnik/AP Brian Naylor | NPRThe Supreme Court has temporarily put on hold the release of redacted grand jury material from the Russia investigation to a House panel. The Trump administration is trying to block the release. Last October, a district court judge ruled the Justice Department had to turn over the materials, which were blacked out, from former special counsel Robert Mueller's report into Russian interference in the 2016 election. An appeals court upheld the decision, but the Trump administration, hoping to keep the evidence secret, appealed to the Supreme Court. Chief Justice John Roberts' order temporarily stops the process. Lawyers for the House Judiciary Committee have until May 18 to file their response to the Justice Department's attempts to keep the materials from the House panel. The Justice Department had until Monday to turn over the material following the appeals court order. But on Thursday, the Trump administration asked the Supreme Court to block Congress from seeking it, saying, "The government will suffer irreparable harm absent a stay." Copyright 2020 NPR. To see more, visit https://www.npr.org. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Brazil Project to Drive Streaming Firm's Near-Term Growth By feedproxy.google.com Published On :: Wed, 08 Apr 2020 00:00:00 PST The technical update on the asset, which Wheaton Precious Metals owns a production stream on, is explored in a CIBC report. Full Article
ri Byron King: Gold Will Hit $3,000, But It's Going to Be a Wild Ride By feedproxy.google.com Published On :: Sat, 25 Apr 2020 00:00:00 PST Agora Financial's Byron King and John-Mark Staude of Riverside Resources offer their viewpoints on markets during the COVID-19 pandemic in this conversation with Maurice Jackson of Proven and Probable. Full Article
ri A Favorite Explorer Is at a Good Price By feedproxy.google.com Published On :: Wed, 29 Apr 2020 00:00:00 PST Money manager Adrian Day reviews an exploration company that he rates a "strong buy." Full Article
ri Tiny thermometer measures how mitochondria heat up the cell by unleashing proton energy By feedproxy.google.com Published On :: 2019-09-04T07:00:00Z Full Article
ri Can Uber lower fares and have its drivers make more money? By feeds.scpr.org Published On :: Tue, 20 Jan 2015 16:58:11 -0800 For the first time, Uber will guarantee drivers an hourly wage of $20 an hour in Los Angeles, or $26 during peak times.; Credit: David Ramos/Getty Images Ben BergmanTo keep demand high during the slower winter months, the ridesharing service, Uber, has cut fares by 20 percent in 48 markets – including Los Angeles and Orange County. The company says a trip from West Hollywood to downtown will now be around nine dollars, instead of $11. When Uber lowered prices in the past to muscle out competitors like Lyft and taxi services, passengers loved it but drivers have complained it puts an unfair squeeze on them, complaining their already low take went even lower. Uber stresses the fact cutting fares actually helps drivers because they get more business. In a blog post, the company points to data from Chicago where fares dropped 23 percent last month compared to December 2013 while drivers' income increased by 12 percent. But drivers have been skeptical whether volume can make up for the price drop. The company's claim that New York city drivers earn a median of $90,766 a year has been refuted. Slate talked to New York UberX driver Jesus Garay in October: “They say it doesn’t hurt the pocket of the drivers,” Garay says of the 20 percent fare cuts. “It does. Because it’s impossible with those numbers to be in business.” The way drivers see it, ride volume can only increase so much in response to lower prices. Garay says that on average, a ride takes him 20 minutes from start to finish: five minutes to reach the pickup location, five to wait for the customer, and 10 to drive to the destination. For a trip of that length, Garay says he’ll make $10 or $11. “So if you’re busy, you’re going to make three rides in an hour,” he explains. Newly flush with a $40 billion valuation, Uber is now willing to put its money where its mouth is; For the first time, Uber will guarantee its partners – as it calls them - an hourly wage of $20 an hour in Los Angeles, or $26 during peak times. (The guarantee comes with a few conditions: Drivers have to accept 90% of trips, average at least one trip per hour, and be online for 50 minutes of every hour worked) This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Want a job in LA? Be a nurse, don't work in manufacturing By feeds.scpr.org Published On :: Mon, 26 Jan 2015 05:30:28 -0800 Tom Rachal (R) receives a free meningitis vaccine from Dr. Wayne Chen at the AIDS Healthcare Foundation pharmacy on April 15, 2013 in Hollywood, California. Los Angeles County's unemployment rate is 7.9%, down from 9.2% a year ago, and once again it was healthcare that added the most jobs: 22,000. ; Credit: Kevork Djansezian/Getty Images Ben BergmanIf you want a job in Los Angeles County, you’re best off being a nurse or a hotel worker and you’re less likely to find employment in manufacturing. We’re getting our first look at the employment numbers for 2014, which show mostly good news: California’s unemployment has fallen to 7 percent, the lowest rate in five and a half years. (The final numbers come out in March) The state’s job growth outpaced the rest of the country for the third straight year, though it slowed slightly towards the end of the year. California added jobs at a 2.2 percent annual rate last year, outpacing the nation’s 1.8 percent rate. Los Angeles County fared the worst as far as seasonally adjusted year-to-year job gains among California's major metropolitan areas, according to The Los Angeles County Economic Development Corp.: San Jose/Silicon Valley +4 percent San Francisco Bay Area + 3.8 percent San Diego +3.3 percent Inland Empire +1.9 percent Orange County +2.3 percent Ventura +2 percent Los Angeles +1.7 percent Los Angeles County's unemployment rate is 7.9 percent, down from 9.2 percent a year ago, and once again it was health care that added the most jobs: 22,000. "Part of it is demographic, and part of it was the Affordable Care Act, which is helping more individuals take advantage of health care," said Robert Kleinhenz, Chief Economist at the L.A. County Economic Development Corp. Aside from an aging population needing more health care, Kleinhenz adds that more people can afford to get medical treatment because of the improvement in the economy. With more money in their pockets, more people have also been traveling, which made leisure and hospitality the second-best area for job growth in the county, with 11,300 new jobs. What's not doing well? Manufacturing, especially in non-durable goods – which includes food and clothing – lost the most jobs in L.A. County in 2014: 6,700 jobs. The only other sector that shed jobs was the government, which lost almost 3,800 jobs positions last year. Kleinhenz also pointed to wholesale trade, which lost 300 jobs year-to-year in but saw job growth in the Inland Empire. "Some parts of the goods movement may be moving into the Inland Empire, where we have seen in recent years quite a bit of warehouse building taking place,” said Kleinhenz. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Refinery strike could mean higher gas prices By feeds.scpr.org Published On :: Mon, 02 Feb 2015 16:48:34 -0800 Tesoro says it’s been planning for a strike and will continue operating two of the effected refineries, including one in Carson.; Credit: Getty Images Ben BergmanMore than 800 workers walked off the job early Sunday at an oil refinery in Carson because of a labor dispute, joining workers at eight other refineries around the country. National strikes have been rare in the refining business. The last one happened in 1980, and it took three months to resolve. If this dispute lasts that long, analysts say gas prices could rise. “It’s very possible we may have seen the last of two dollar gasoline in the near term,” said Carl Larry director of oil and gas at consulting firm Frost & Sullivan. “Without production from these refineries, we’re going to see tighter supply and higher prices." Making matters worse, many refineries are switching over to summer blend gas, which is cleaner burning, but also more expensive. Jim Burkhard, Managing Director at IHS Cambridge Energy Research Associates, cautions that it is too soon to know what the effect of the strike will be, and even though the steelworkers have 64 percent of U.S. oil output in their hands, there’s still a lot of other supply. “Remember the oil market overall is very well supplied right now,” said Burkhard. "There's plenty of refining capacity around the world, you would just have some modification of trade flows." The Carson refinery processes 363,000 barrels per day at peak capacity and employs 1,450 workers. Tesoro Corporation, which operates the plant, says it’s been planning for a strike and will continue operations. "Tesoro is confident that the Company can continue to safely operate the refineries and meet customer commitments until resolution is reached with the [United Steel Workers]," Tesoro said in a written statement. The USW represents workers at 65 U.S. refineries. It says the facilities where workers have not walked out will continue operating under a rolling 24-hour contract extension. “This work stoppage is about onerous overtime; unsafe staffing levels; dangerous conditions the industry continues to ignore; the daily occurrences of fires, emissions, leaks and explosions that threaten local communities without the industry doing much about it; the industry’s refusal to make opportunities for workers in the trade crafts; the flagrant contracting out that impacts health and safety on the job; and the erosion of our workplace, where qualified and experienced union workers are replaced by contractors when they leave or retire,” USW International Vice President Gary Beevers said in a written statement. This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri From Sriracha sauce to jet engine parts, LAEDC tries to keep jobs in LA By feeds.scpr.org Published On :: Tue, 03 Feb 2015 12:14:27 -0800 The LAEDC helped Huy Fong Foods reach a compromise to keep operating its Sriracha factory in Irwindale ; Credit: Maya Sugarman/KPCC Brian WattEven as California loses manufacturing jobs, a program run by the Los Angeles County Economic Development Corporation has fought to save some. When a company is considering relocating to take advantage of lower costs or an easier business climate, the LAEDC’s business assistance program steps in. It did so in the well-publicized case of Huy Fung Foods last year. When the city of Irwindale filed a lawsuit against the Sriracha sauce-maker because of bad smells, politicians from other states - most notably Texas - began to circle, offering the company a new home. Fighting against those suitors is a familiar dance for the nonprofit Los Angeles County Economic Development Corporation. Many states and municipalities have similar agencies, whose job it is to try to attract and keep employers. In the Sriracha case, the LAEDC prepared an economic impact analysis, met with the company and the South Coast Air Quality Management District and negotiated a compromise that kept the hot sauce manufacturer here, according to Carrie Rogers, Vice President of Business Assistance and Development with LAEDC. "We all love Sriracha," she said, adding that she was happy to keep the "180 jobs and really to thwart the efforts of Governor Perry from Texas to try to lure our company away to their state." The LAEDC estimates its business assistance program has played a role in keeping or luring 200,000 jobs since 1996, when it was formed. It's being recognized by the County Board of Supervisors for those efforts today. But plenty of jobs still leave. In a study published in July, the LAEDC said between 1990 and 2012, California lost about 40 percent of its manufacturing jobs – 842,180. "We compete internationally so a lot of our competitors have gone to Mexico," said Jeff Hynes, CEO of Covina-based Composites Horizons Incorporated, which makes ceramic structures for jet engines. "A week doesn’t go by that I don’t get a call from an economic development corp out of Texas or the South." He scored a big contract recently and needed to expand fast to begin fulfilling orders. "Los Angeles - in our particular industry - has a very good supplier base with materials and equipment," he said "but certainly facility costs are lower in other areas of the state and country." He said the LAEDC helped him get the permits quickly to buy and modify another building on its street and they decided to stay put. Composites Horizons currently employs 200 people but plans to add 50 employees this year and another 50 next year, he said. Rogers, of the LAEDC, said that may not seem like much, but it's important to support businesses like this one. "When you take a step back and think about it, here’s a company that’s growing when many businesses aren’t," she said. "We know there are suppliers that feed into Composites Horizons. So when they get millions of dollars worth of contracts, we know that many more companies and employees around the county will be employed doing work directly for this company." This content is from Southern California Public Radio. View the original story at SCPR.org. Full Article
ri Latest Intel Graphics Windows 10 DCH drivers By www.bleepingcomputer.com Published On :: 2020-05-09T13:18:08-05:00 Full Article
ri Experiments illuminate key component of plants' immune systems By feedproxy.google.com Published On :: 2019-08-27T07:00:00Z Full Article
ri Preparing Technicians for the Future of Work By feedproxy.google.com Published On :: 2019-08-27T07:00:00Z Smarter and more independent robots Full Article
ri Camera brings unseen world to light By feedproxy.google.com Published On :: 2019-08-28T07:00:00Z Camera brings unseen world to light Full Article