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Tesla prepared to move out of California amid fight over factory shutdown, Musk tweets

Tesla had wanted to start production again in Fremont, California, on Friday afternoon, but officials said the company did not have authorization to break shelter-in-place rules. The plant is where the company makes vehicles for Europe and North America.




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Elon Musk threatens to move Tesla HQ out of California over Covid-19 restrictions

Tesla sues state authorities over lockdown after Fremont factory stopped from reopening

Tesla is suing local authorities in California as the electric carmaker pushes to reopen its factory there and chief executive Elon Musk threatens to move the company’s headquarters to Texas or Nevada.

Musk has been pushing to reopen Tesla’s Fremont, California, factory after Alameda County’s health department said the carmaker must not reopen because local lockdown measures to curb the spread of the coronavirus remain in effect.

Continue reading...




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Coronavirus crisis: Elon Musk threatens to move Tesla HQ out of California over COVID-19 curbs

Musk has been ranting about the stay-home order since the company's April 29 first-quarter earnings were released, calling the restrictions fascist and urging governments to stop taking people's freedom




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OECD and UNHCR call for scaling up integration policies in favour of refugees

The heads of the OECD and UNHCR, at a joint high-level Conference on the integration of beneficiaries of international protection in Paris today, have called on governments to scale up their efforts to help refugees integrate and contribute to the societies and economies of Europe.




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Policy Paper: Scaling up climate-compatible infrastructure: Insights from national development banks in Brazil and South Africa

National development banks (NDBs) and development finance institutions are poised to play a role in bridging the investment gap for climate-compatible infrastructure in developing countries. This paper highlights the role of NDBs drawing from case studies of the Brazilian Banco Nacional de Desenvolvimento Econômico e Social and the Development Bank of Southern Africa.




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Elon Musk sues to reopen Tesla factory in California

Electric carmaker chief threatens to relocate to another state after request to restart production was denied





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Tesla sues Alameda County to force California factory reopening

Tesla filed a lawsuit Saturday against Alameda County in an effort to invalidate orders that have prevented the automaker from reopening its factory in Fremont, California. The lawsuit, which seeks injunctive and declaratory relief against Alameda County, was first reported by CNBC. The lawsuit was filed in U.S. District Court for California’s Northern District. Earlier […]




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California Democrat says 'F**k Elon Musk' after Tesla founder says he'll move HQ to Texas or Nevada

San Diego assemblywoman Lorena Gonzalez made no bones about her displeasure with Tesla CEO Elon Musk after he said he'd move his company to Texas or Nevada Saturday.




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Surfer killed in shark attack in Northern California

A surfer has been killed in a shark attack off a Northern California beach, state park officials said Saturday.




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Tesla has NOT been given the green light to resume production, California health official says

'We've been working with them, but we have not given the green light,' Alameda County Health Officer Erica Pan said of Tesla. 'We have not said it is appropriate to move forward.'




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Surfer killed in shark attack in Northern California

A surfer has been killed in a shark attack off a Northern California beach, state park officials said Saturday.




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Elon Musk says Tesla will 'immediately' leave California after coronavirus shutdowns forced the company to close its main car factory

Elon Musk says Tesla may leave its Palo Alto headquarters and Fremont, California factory. In a tweet Saturday morning, the chief executive continued his outrage against shelter-in-place orders that have forced most non-essential businesses to close. Last week, Musk likened the rules to fascism, and urged leaders to "give people their goddamn freedom back." Visit Business Insider's homepage for more stories.After a week of decrying coronavirus shelter-in-place orders that have left Tesla's main factory shuttered and unable to produce vehicles, Elon Musk says the company may move its factory out of the state."Tesla is filing a lawsuit against Alameda County immediately," the chief executive said on Twitter Saturday morning. "The unelected & ignorant 'Interim Health Officer' of Alameda is acting




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Nail salons plan to sue Governor Newsom after he said they were the source of virus in California

Community spread of the coronavirus in California began in a nail salon, Gov Gavin Newsom said at a news conference on Thursday but now a group representing salons plan to sue the Governor.




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California Democrat says 'F**k Elon Musk' after Tesla founder says he'll move HQ to Texas or Nevada

San Diego assemblywoman Lorena Gonzalez made no bones about her displeasure with Tesla CEO Elon Musk after he said he'd move his company to Texas or Nevada Saturday.




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Musk threatens to exit California over virus restrictions

Tesla CEO Elon Musk threatened Saturday to pull the company's factory and headquarters out of California in an escalating spat with local officials who have stopped the company from reopening its electric vehicle factory. On Twitter, Musk also threatened to sue over Alameda County Health Department coronavirus restrictions that have stopped Tesla from restarting production its factory in Fremont south of San Francisco. Frankly, this is the final straw, he tweeted. Tesla will now move its HQ and future programs to Texas/Nevada immediately. He wrote that whether the company keeps any manufacturing in Fremont depends on how Tesla is treated in the future. Musk has been ranting about the stay-home order since the company's April 29 first-quarter earnings were released, calling the restrictions fascist and urging governments to stop taking people's freedom. An order in the six-county San Francisco Bay Area forced Tesla to close the Fremont plant starting March 23 to help prevent the virus'




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What is syndicalism?

Syndicalism is a form of trade unionism and has its origins in France. It aims at the abolition of the capitalist owners and the appropriation - by the workers - of all the methods used in an industry, and the products resulting therefrom.




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Tesla Sues California County in Virus Factory Closure Fight, Threatens to Leave

Elon Musk has been pushing to re-open Tesla's Fremont, California, factory after Alameda County's health department said the carmaker must not reopen because local lockdown measures to curb the spread of the coronavirus remain in effect.




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Coronavirus Pandemic: MapmyIndia Introduces New Tools To Alert About Coronavirus Impacted Localities

The app will generate real-time location-based alerts helping all employees and consumer base in being aware of the relevant localised corona safety information.




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After argument with mother, 5-year-old drives to California to buy Lamborghini with just $3

New York, May 6: A 5-year-old boy stunned police officers in the US state of Utah after he was pulled over by them while driving his mother's car to California to buy a Lamborghini with USD 3 in his pocket, according




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Musk says will move Tesla out of California amid lockdown dispute

Amid a dispute with local officials over stay-at-home orders, Tesla CEO Elon Musk tweeted on Saturday that Tesla will move its headquarters and future programs to Texas or Nevada from California immediately. Colette Luke has more.




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Tesla sues California county in virus factory closure fight, threatens to leave

Tesla Inc sued local authorities in California on Saturday as the electric carmaker pushed to re-open its factory there and Chief Executive Elon Musk threatened to move Tesla's headquarters and future programs from the state to Texas or Nevada.




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Jeptha H. Wade in California: beginning the Transcontinental telegraph / by William Frank Zornow

Archives, Room Use Only - TK5125.Z67 1950




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Private code of the National Supply Company; the National Supply Co., Limited; the Illinois National Supply Co.; the National Supply Co. of Kansas; the California National Supply Co.

Archives, Room Use Only - HE7677.O3 N38 1920




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Kelvin the man: a biographical sketch / by his niece Agnes Gardner King ; with an introduction by Sir Douglas Macalister

Archives, Room Use Only - QC16.K3 K56 1925




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Richard Sherman sees financial benefits of NFL games outside California

It doesn't pay to be rich and live in California these days.




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Tesla to reopen California factory despite county order

The electric car company told employees to report to work Friday, but a county official said Tesla did not meet the requirements for resuming production.




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Tesla sues California county in factory closure fight, threatens to leave

Tesla said the county's position left it no choice but to take legal action to ensure Tesla and its employees can go back to work




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Elon Musk threatens to exit California over virus restrictions

He wrote that whether the company keeps any manufacturing in Fremont depends on how Tesla is treated in the future.




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Improved calibration of area detectors using multiple placements

Calibration of area detectors from powder diffraction standards is widely used at synchrotron beamlines. From a single diffraction image, it is not possible to determine both the sample-to-detector distance and the wavelength, but, with images taken from multiple positions along the beam direction and where the relative displacement is known, the sample-to-detector distance and wavelength can both be determined with good precision. An example calibration using the GSAS-II software package is presented.




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Scaling diffraction data in the DIALS software package: algorithms and new approaches for multi-crystal scaling

A new scaling program is presented with new features to support multi-sweep workflows and analysis within the DIALS software package.




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Redetermination of the crystal structure of BaTeO3(H2O), including the localization of the hydrogen atoms

The redetermination of the crystal structure of barium oxidotellurate(IV) monohydrate allowed the localization of the hydrogen atoms that were not determined in the previous study [Nielsen, Hazell & Rasmussen (1971). Acta Chem. Scand. 25, 3037–3042], thus making an unambiguous assignment of the hydrogen-bonding scheme possible. The crystal structure shows a layered arrangement parallel to (001), consisting of edge-sharing [BaO6(H2O)] polyhedra and flanked by isolated [TeO3] trigonal pyramids on the top and bottom. O—H⋯O hydrogen bonds of medium strength link adjacent layers along [001].




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Scaling diffraction data in the DIALS software package: algorithms and new approaches for multi-crystal scaling

In processing X-ray diffraction data, the intensities obtained from integration of the diffraction images must be corrected for experimental effects in order to place all intensities on a common scale both within and between data collections. Scaling corrects for effects such as changes in sample illumination, absorption and, to some extent, global radiation damage that cause the measured intensities of symmetry-equivalent observations to differ throughout a data set. This necessarily requires a prior evaluation of the point-group symmetry of the crystal. This paper describes and evaluates the scaling algorithms implemented within the DIALS data-processing package and demonstrates the effectiveness and key features of the implementation on example macromolecular crystallographic rotation data. In particular, the scaling algorithms enable new workflows for the scaling of multi-crystal or multi-sweep data sets, providing the analysis required to support current trends towards collecting data from ever-smaller samples. In addition, the implementation of a free-set validation method is discussed, which allows the quantification of the suitability of scaling-model and algorithm choices.




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The thermodynamic profile and molecular interactions of a C(9)-cytisine derivative-binding acetylcholine-binding protein from Aplysia californica

Cytisine, a natural product with high affinity for clinically relevant nicotinic acetylcholine receptors (nAChRs), is used as a smoking-cessation agent. The compound displays an excellent clinical profile and hence there is an interest in derivatives that may be further improved or find use in the treatment of other conditions. Here, the binding of a cytisine derivative modified by the addition of a 3-(hydroxypropyl) moiety (ligand 4) to Aplysia californica acetylcholine-binding protein (AcAChBP), a surrogate for nAChR orthosteric binding sites, was investigated. Isothermal titration calorimetry revealed that the favorable binding of cytisine and its derivative to AcAChBP is driven by the enthalpic contribution, which dominates an unfavorable entropic component. Although ligand 4 had a less unfavorable entropic contribution compared with cytisine, the affinity for AcAChBP was significantly diminished owing to the magnitude of the reduction in the enthalpic component. The high-resolution crystal structure of the AcAChBP–4 complex indicated close similarities in the protein–ligand interactions involving the parts of 4 common to cytisine. The point of difference, the 3-(hydroxypropyl) substituent, appears to influence the conformation of the Met133 side chain and helps to form an ordered solvent structure at the edge of the orthosteric binding site.




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Dog bones reveal ecological history of California’s Channel Islands

A recent study of dog bones excavated from archaeological sites on the Channel Islands of California has cast new light on the past ecology of the islands and the impact that domestic dogs--brought to the islands by Native Americans more than 6,000 years ago—may have once had on the islands’ animals and ecosystems.

The post Dog bones reveal ecological history of California’s Channel Islands appeared first on Smithsonian Insider.




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New archaeological evidence reveals California’s Channel Islands as North America’s earliest seafaring economy

Evidence for a diversified sea-based economy among North American inhabitants dating from 12,200 to 11,400 years ago is emerging from three sites on California's Channel Islands.

The post New archaeological evidence reveals California’s Channel Islands as North America’s earliest seafaring economy appeared first on Smithsonian Insider.




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Drought slows wildlife reproduction on California’s Channel Islands

California’s Channel Islands are located dozens of miles west of the state’s coast and surrounded by Pacific waters, yet they too are experiencing the same […]

The post Drought slows wildlife reproduction on California’s Channel Islands appeared first on Smithsonian Insider.




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Study shows ancient California Indians risked toxins from bitumen-coated bottles

Finding clean ways to store water is a challenge that humans have faced for millennia. In a new paper in Environmental Health, anthropologist Sabrina Sholts […]

The post Study shows ancient California Indians risked toxins from bitumen-coated bottles appeared first on Smithsonian Insider.




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Osh6 requires Ist2 for localization to the ER-PM contacts and efficient phosphatidylserine transport [RESEARCH ARTICLE]

Juan Martin D'Ambrosio, Veronique Albanese, Nicolas-Frederic Lipp, Lucile Fleuriot, Delphine Debayle, Guillaume Drin, and Alenka Copic

Osh6 and Osh7 are lipid transfer proteins (LTPs) that move phosphatidylserine (PS) from the endoplasmic reticulum (ER) to the plasma membrane (PM). High PS level at the PM is key for many cellular functions. Intriguingly, Osh6/7 localize to ER-PM contact sites, although they lack membrane-targeting motifs, in contrast to multidomain LTPs that both bridge membranes and convey lipids. We show that Osh6 localization to contact sites depends on its interaction with the cytosolic tail of the ER-PM tether Ist2, a homologue of TMEM16 proteins. We identify a motif in the Ist2 tail, conserved in yeasts, as the Osh6-binding region, and we map an Ist2-binding surface on Osh6. Mutations in the Ist2 tail phenocopy osh6 osh7 deletion: they decrease cellular PS levels, and block PS transport to the PM. Our study unveils an unexpected partnership between a TMEM16-like protein and a soluble LTP, which together mediate lipid transport at contact sites.




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C3G localizes to mother centriole dependent on cenexin, and regulates centrosome duplication and primary cilia length [RESEARCH ARTICLE]

Sanjeev Chavan Nayak and Vegesna Radha

C3G (RapGEF1) plays a role in cell differentiation and is essential for early embryonic development in mice. In this study, we identify C3G as a centrosomal protein colocalizing with cenexin at the mother centriole in interphase cells. C3G interacts through its catalytic domain with cenexin, and they show interdependence for localization to the centrosome. C3G depletion caused a decrease in cellular cenexin levels. Centrosomal localization is lost as myocytes differentiate to form myotubes. Stable clone of cells depleted of C3G by CRISPR/Cas9 showed the presence of supernumerary centrioles. Overexpression of C3G, or a catalytically active deletion construct inhibited centrosome duplication. Cilia length is longer in C3G knockout cells, and the phenotype could be reverted upon reintroduction of C3G or its catalytic domain. Association of C3G with the basal body is dynamic, decreasing upon serum starvation, and increasing upon reentry into the cell cycle. C3G inhibits cilia formation and length dependent on its catalytic activity. We conclude that C3G inhibits centrosome duplication and maintains ciliary homeostasis, properties that may be important for its role in embryonic development.




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Lacter: Covered California website doing better than federal one

Business Update with Mark Lacter

The state's online registration for Covered California has been up for a couple of weeks, and reaction has been mixed.

Steve Julian: Business analyst, Mark Lacter, what's your take on how well Californians are getting into the Affordable Care Act?

Mark Lacter: It's hard to get a good read, Steve, because it's hard to measure the success of what is really a new marketplace.  If you're basing it on the number of unique visitors coming to the Covered California website, well, then the program clearly has attracted lots of interest - they had almost a million visitors during the first week of eligibility.  But, maybe a better measure would be the number of people whose applications actually have been received by the insurance companies that are going to handle the claims.  If that's your measuring stick, then the numbers have been far smaller so far.  Now, it's worth pointing out that California - and particularly L.A. County - have a higher percentage of households without insurance than other parts of the nation, and so you'd expect there to be lots of interest.

Julian: So the question, then, is how many folks turn into actual policyholders paying actual premiums each month.

Lacter: The truth is nobody knows, which is why state officials want to sign up as many people as possible in the early going when the program is getting so much attention.  This is especially true for younger and healthier people who are needed to help offset the cost of caring for older and sicker people.

Julian: And, that's also why any computer glitch can be such a headache...

Lacter: That's right.  Covered California did run into problems in the early going, but everybody agrees that things are going much better than the federal website, which is the default site used by folks in states that don't have their own program to oversee the health care laws.  That federal site has been an utter disaster.  So, by comparison, California is ahead of the game.

Julian: It's a work in progress, even here.

Lacter: Very much so.  The California website still doesn't have a way for enrollees to find out which doctors and hospitals are included in each health plan.  And, that's a big deal because  insurance companies are limiting the options available as a way of keeping premiums low.  So, it's possible that the doctor you had been using for your individual insurance plan will not be on the list of doctors that can be used for one of the cheaper plans.  Of course, for someone who doesn't have any health coverage, none of that is likely to matter.

Julian: And then, there's the continued threat of a U.S. default...

Lacter: You know, Steve, this is like watching the beginning of a bad traffic accident in slow motion - and we're all pretty helpless to do anything about it.  And, so are the financial markets, which are moving back and forth not based on what's going on with the economy or with any industry, but on the latest press conference out of Washington.  One thing we do know is that if the nation does go into quote-unquote default - and we're not even sure what that might mean - but if Wall Street and somehow declares this a major crisis, it's going to be bad.

Julian: Who gets hit?

Lacter: It'll impact anyone who has a retirement account, any business wanting to borrow money, and potentially it's going to impact the budgeting of the state.  You know, one of the things we were reminded of during the Great Recession was how reliant California has been on higher-income individuals who make a lot of their money through the stock market and other investments.  So, when those folks do well - as they have been over the last year - the state coffers will do well.  And when they don't, as was the case in 2008 and 2009, the state takes a huge hit because there's not enough tax dollars coming in.  Gov. Brown and others have tried to lessen the reliance on those top tiers - so far without success.

Julian: And the state's budget situation is so much better than it was a year or two ago.

Lacter: That's the real pity.  And, even if the House and Senate reach a temporary agreement on the debt ceiling, it's just a matter of weeks or months before another deadline crops up - and more uncertainty for the financial markets.  I guess Chick Hearn would have called this nervous time.

Mark Lacter writes for Los Angeles Magazine and pens 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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New online training aims to ferret out child abuse cases in California schools

File: California school employees can now take their required training to spot child abuse and neglect by going online.; Credit: Cayoup/Flickr

Adolfo Guzman-Lopez

Public school employees can take their required annual training to spot child abuse or neglect online, California State Superintendent of Public Instruction Tom Torlakson announced Monday.

“Nothing is more important than the safety of our students,” Torlakson said in a written statement. “The new online training lessons will help school employees carry out their responsibilities to protect children and take action if they suspect abuse or neglect.”

A new California law requires school employees, including teachers, teacher aides, and substitute teachers, to show proof to their employers that they’ve taken the training.

“We were hearing anecdotally that there may have been suspicions of abuse and neglect that was not always reported and we wanted to do something about that issue,” said Stephanie Papas, a California Department of Education consultant.

Recent high-profile cases, such as that of former Miramonte Elementary teacher Mark Berndt, revealed that school employees failed to report allegations of abuse. Los Angeles Unified agreed to pay a record $140 million to settle claims filed by one group of students in the case and $30 million to a second group. Berndt is serving a 25-year sentence after pleading no contest to the charges of committing lewd acts on children.

Papas, who helped create the new two-hour online training, said the course will help employees tell if a child has been hurt from abuse or from an accident, for example.

“We have photos that are examples of, say, a welt that is in the shape of a belt buckle or a slap on a child’s cheek that’s left a hand imprint,” she said.

In-person trainings are more effective, she said, but they’re more expensive than online trainings. That pushed the Department of Education to provide the free online training for school districts still under budget constraints.

She said current employees have until this fall to show their school districts proof that they’ve taken the training.

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




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DC think tank: California online schools group should be investigated

A Washington, D.C., think tank issued a report that says California Virtual Acadmies, a major online school network, has had more dropouts than graduates in most years.; Credit: Jeff J Mitchell/Getty Images

Adolfo Guzman-Lopez

A report released Thursday by a labor group-affiliated Washington think tank is questioning the education provided by an online public school program that says it is in a union fight.

The report by In the Public Interest, a group funded by unions, says the thousands of students enrolled in the California Virtual Academies online public school known as CAVA are receiving a  substandard education by most measures.

"So in every year since CAVA began graduating students, with the exception of 2013, it has produced more dropouts than graduates,” said Shahrzad Habibi, who authored the report.

She said state test score data show that 71 percent of California public schools performed better than the virtual academies.

The report calls on California officials to investigate the online schools’ administration and finances.

California Virtual Academies enrolls about 14,000 kindergarten to 12th grade students through 11 sites, including those in Los Angeles, San Diego, and Fresno. It is run by a national for-profit company called K12 Inc.

In a written statement, California Virtual Academies did not dispute the reported low student performance numbers, but denied other allegations in the study, which it called “inaccurate and deeply flawed.”

“The report relies primarily on misinformation from the California Teachers Association — the union currently engaged in a coordinated and well-funded distortion campaign to unionize the eleven independent California Virtual Academies charter schools.”

In the Public Interest, which supports the work of labor unions, partnered with the American Federation of Teachers last year on a website to track for-profit charter school companies.

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




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California Biotech Partners for Manufacture of COVID-19 Vaccine Candidate

Source: Streetwise Reports   05/06/2020

Arcturus Therapeutics Holdings' arrangement is explained and commented on in an H.C. Wainwright & Co. report.

In a May 4 research note, H.C. Wainwright & Co. analyst Ed Arce reported that Arcturus Therapeutics Holdings Inc. (ARCT:NASDAQ) formed a partnership with Catalent Inc. (CTLT:NYSE), which "raises the profile of LUNAR-COV19 as a leading vaccine candidate."

Arce reviewed Catalent's contribution to the partnership. The global contract development and manufacturing organization is to manufacture Arcturus' messenger RNA (mRNA) LUNAR-COV19 for protection against SARS-CoV-2 to be used first for human clinical trials and potentially, eventually commercially.

As for timing, Arce noted, San Diego, Calif.-based Arcturus intends to transfer its vaccine technology to Catalent this month and expects Catalent to manufacture the first batches of LUNAR-COV19 by June 2020. "Critically, Arcturus continues to anticipate initiation of Phase 1 testing of LUNAR-COV19 in the summer of 2020," Arce highlighted.

Catalent is to produce the vaccine at its biomanufacturing facility in Madison, Wisc. "This facility utilizes Catalent's flex-suite, a current good manufacturing practice manufacturing suite, that can produce batches at multiple scales and support Arcturus' proprietary mRNA manufacturing process," explained Arce.

Obtaining the vaccine from one facility domestically versus multiple entities worldwide should result in several benefits, Arce continued. They include easy development and production, accelerated delivery and improved costs. Arcturus believes Catalent can produce millions of doses of LUNAR-COV19 mRNA in 2020 and, if need be, hundreds of millions of doses each year subsequently for use globally.

Arce pointed out that LUNAR-COV19 differentiates itself from other similar vaccine candidates in that the technology and delivery platform behind it deliver an "extraordinarily low dose (perhaps 2 micrograms)" in "a potential single shot."

H.C. Wainwright has a Buy rating and a $62 per share price target on Arcturus, the stock of which is currently trading at about $42.12 per share.

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Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for 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. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
6) This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.

Disclosures from H.C. Wainwright & Co., Arcturus Therapeutics Holdings Inc., First Take, May 4, 2020

Investment Banking Services include, but are not limited to, acting as a manager/co-manager in the underwriting or placement of securities, acting as financial advisor, and/or providing corporate finance or capital markets-related services to a company or one of its affiliates or subsidiaries within the past 12 months.

I, Ed Arce, certify that 1) all of the views expressed in this report accurately reflect my personal views about any and all subject securities or issuers discussed; and 2) no part of my compensation was, is, or will be directly or indirectly related to the specific recommendation or views expressed in this research report; and 3) neither myself nor any members of my household is an officer, director or advisory board member of these companies.

None of the research analysts or the research analyst's household has a financial interest in the securities of Arcturus Therapeutics Holdings Inc. (including, without limitation, any option, right, warrant, future, long or short position).

As of April 30, 2020 neither the Firm nor its affiliates beneficially own 1% or more of any class of common equity securities of Arcturus Therapeutics Holdings Inc.

Neither the research analyst nor the Firm has any material conflict of interest in of which the research analyst knows or has reason to know at the time of publication of this research report.

The research analyst principally responsible for preparation of the report does not receive compensation that is based upon any specific investment banking services or transaction but is compensated based on factors including total revenue and profitability of the Firm, a substantial portion of which is derived from investment banking services.

The firm or its affiliates received compensation from Arcturus Therapeutics Holdings Inc. for non-investment banking services in the previous 12 months.

The Firm or its affiliates did receive compensation from Arcturus Therapeutics Holdings Inc. for investment banking services within twelve months before, and will seek compensation from the companies mentioned in this report for investment banking services within three months following publication of the research report.

H.C. Wainwright & Co., LLC managed or co-managed a public offering of securities for Arcturus Therapeutics Holdings Inc. during the past 12 months.

The Firm does not make a market in Arcturus Therapeutics Holdings Inc. as of the date of this research report.

H.C. Wainwright & Co., LLC and its affiliates, officers, directors, and employees, excluding its analysts, will from time to time have long or short positions in, act as principal in, and buy or sell, the securities or derivatives (including options and warrants) thereof of covered companies referred to in this research report.

( Companies Mentioned: ARCT:NASDAQ, )




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Overall U.S. Economy Gains From Immigration, But Its Costly to Some States and Localities

Immigration benefits the U.S. economy overall and has little negative effect on the income and job opportunities of most native-born Americans, says a new report by a panel of the National Research Council.




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California Drought News: Dust in the 'Salad Bowl,' the (property) price of water, SFers get a pat on the head, more

Dried and cracked earth is visible on an unplanted field at a farm on April 29, 2014 near Mendota, California. ; Credit: Justin Sullivan/Getty Images

KPCC Staff

  • Summer is upon us, and KPIX in San Francisco reports three years of drought in the Central Valley has turned America's salad bowl into a "dust bowl." (KPIX)
  • Speaking of summer and San Francisco, it appears denizens of the City by the Bay have done such a good job of conserving water, their water agency has already decided there will be no mandatory restrictions this summer. (San Jose Mercury News)
  • Meanwhile, SFGate columnist Mark Morford wonders how water availability will factor into property values for summer get-aways north of San Francisco:

Wait, what? Right, the water. The Looming Issue. The Unexpected Fear. Water – or rather, the potential lack thereof – is something I didn’t realize I’d be quite so worried about when I started my search. But now? It’s damn near unavoidable. (SFGate)

  • "As the Water Bond Turns" continues in Sacramento. In the latest episode, Gov. Brown stops playing hard to get and decides to commit, but will he find a willing (political) partner? Stay Tuned. (Sacramento Bee)

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




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California Drought News: Snake bites, fireworks and what to do about water jerks

; Credit: Beatrice the Biologist / Scientific American

Jed Kim

Today's dryku:
Food budgets are tight
Droughts do raise vegetables' price
But don't make snakes bite

Food:

  • The USDA released its monthly food price outlook. Looks like prices are going to be up at least 3.5%. Fresh fruit could go up by 6%. Bloomberg has a chart showing how produce is projected to hit its highest price in 18 years. (LA Times)

Critters:

  • Southern California seems to be seeing a higher rate of rattlesnake bites this year. Despite the article's headline, experts in the story say it's not because of the drought. A shorter winter has brought snakes out of hibernation earlier, meaning a longer active season, meaning more need for anti-venin.
As of June 12, 128 people were admitted to a hospital for a snakebite and of those, 93 received doses of anti-venin, Heard said. In 2013, 269 Californians went to a hospital for a snakebite and of those, 166 received anti-venin, he said. Simply doubling the number of patients needing anti-venin treatment would equal 186, more than 2013. (Some patients get “dry bites” meaning no venom is injected and therefore do not need anti-venin, he said). (Contra Costa Times)
  • It's been a mixed bag for salmon this year. Some have needed to be trucked out to the ocean, because their streams are too dry. In the case of coho salmon, the drought has actually caused a record number to enter the ocean. It's not all good news though:
Biologists say that only 206 salmon egg clusters, known as "redds," were counted in the Lagunitas this year, well below the 20-year average of 250 "redds." And the fish that headed off to the ocean may not fare as well. They are smaller than normal and could face more difficult ocean conditions due to the warming pattern known as El Niño, scientists say. (Chico Enterprise-Record)

Fireworks:

  • Sacramento cops are out in force, looking for illegal fireworks. The sheriff's department will double its number of officers on the hunt. Starting this week, having the little fire starters can mean jail time. (CBS Sacramento)

Water jerks:

  • Everyone seems to be at a loss on how to get people to start saving water. Beatrice the Biologist may have stumbled onto the answer — it's a mixture of shame and badges. I'm going to print out the car one and post it in my window. Maybe then people will stop judging me for my filthy Camry. (Scientific American)

How has your community been affected by the drought? Share your story with a photo on Twitter or Instagram. Tag it #mydrought. For more details on our photo project, click here.

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




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California toxic regulators sue FedEx over handling of hazardous shipments

The Department of Toxic Substances Control is claiming that FedEx Ground has mishandled hazardous materials in packages. ; Credit: Thomas Hawk/via Flickr

Molly Peterson

State regulators have sued FedEx Ground, claiming the company mishandled hazardous chemicals at facilities throughout California during the last 5 years.  

An investigation into a fire four years ago in San Diego prompted a wider inquiry into how FedEx handles restricted chemicals in statewide shipping at all of its facilities.

Regulators claim FedEx didn’t handle thousands of damaged and hazardous packages properly. The state’s complaint claims FedEx would remove damaged packages from shipping and store them for lengthy periods of time in salvage drums, which were moved from hubs to terminals within the company’s network of facilities.  

These packages contained goods ranging from insecticides and acids to old batteries and other flammable and toxic materials – pretty small shipments, less than 65 pounds, but investigators say they’ve found problems with more than 20 tons of goods shipped over a 5-year period.

Each violation alleged in the state’s lawsuit carries a penalty of up to 25-thousand dollars. In a written statement, FedEx spokeswoman Katie Wassmer says the company "complies with all applicable local, state and federal reporting requirements." 

The state-court complaint is the latest legal salvo in a dispute among California and local officials and FedEx.

Earlier this spring, FedEx sued the DTSC and district attorneys from three cities, including Los Angeles, seeking a declaration that federal law pre-empts California's waste handling laws, and that state officials are incorrectly interpreting laws governing FedEx. 

"To preserve our rights as a federally-registered motor carrier, FedEx Ground filed suit in federal court" said Wassmer. "We are confident that a thorough review of the regulatory framework through the judicial process will support our position."

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




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California Drought News: Sex in shower conservation, and freedom in water markets...a summer of love?

This is a public service campaign suggesting you save water...and suggesting some other things too. ; Credit: SFPUC

Molly Peterson

Friday's news is going to make you wait for it...when it comes to an explanation for the picture above.

The Wall Street Journal takes on pricing and other big-think policies that various authors claim are worsening the drought.

  • Those higher food prices Jed wrote about yesterday? Alyssia Finley, assistant editor of OpinionJournal.com, says they're the fault of environmentalists, and higher food prices will be the way the rest of the country will pay for California's "green sanctimony." (WSJ)
  • Economist Edward Lazear argues that "government-dictated prices, coupled with restrictions on the transfer of water, have made a bad situation much worse." He takes aim at the state's limitations on water transfers (lifted, he doesn't note; but he argues that pricing distorts the need for transfers anyway). He argues that public agencies that protect environmental conditions with water should pay for the privilege:
Although there may be good reasons to ensure that some fish and wildlife be protected, we should not pretend that this protection is costless. Agencies that divert water for environmental purposes should be required to budget explicitly for the lost revenue associated with the decision to divert it for this purpose, rather than allowing it to be sold at the market price for urban or agricultural use. (WSJ)

...and he argues that farmers, who might have to pay more for water on a more-open market, should get extra money to help them transition to the free market.

  • Cato loves Lazear's arguments, and offers one amendment. Chris Edwards wants the federal government to get out of the water business, and in California, to hand over the Central Valley Project to the state. (Cato)
  • In other business news, it's going to be a mixed bag for boat businesses at California recreation areas this summer. They're nervous in Tahoe, but overall expect to benefit from Folsom Lake's bad year. (TradeOnly Today)
  • CNN gets into the Firehawk, which is a U.S. Army Black Hawk helicopter with a giant water tank on it. L.A. County owns a few. They're going to be busy this summer, thanks to the drought. (CNN)
  • And finally, in a move that reminds me of the time I wanted to name this blog "Hot, Wet, Climate Action," the San Francisco Public Utility Commission has a new, sexy (or is it sexxy?) campaign to conserve water, with words like "QUICKIE" and "DOING IT" popping out of copy alongside minimalist pictures of pieces of water plumbing. My favorite is "DIRTY HANDS" with its faucet shot to look like a piece of anatomy. (SFPUC)

VIDEO: Get paid for doing it nice!

How has your community been affected by the drought (besides getting more suggestive ads about jiggling the toilet handle)? Share your story with a photo on Twitter or Instagram. Tag it #mydrought. For more details on our photo project, click here.

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




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California Drought News: Lots of views about how to save water, as there's little new direction to do it. Also fireworks!

Less water in Hoover Dam means less power coming from the Dam's generating units. ; Credit: Dawn Danby/via Flickr

Molly Peterson

Monday's fat stack of news also includes some views about what to do about drought and Western water supplies.

The New York Times has published six answers to the questions "What are the best ways to share the water? And how can we ensure it lasts for the foreseeable future?" Pat Mulroy, former general manager of the Southern Nevada Water Authority, weighs in, as do several other think tankers:

[N]ew energy and fuel production options have become more water intensive. Unconventional oil and gas production methods such as hydraulic fracturing have significant implications for local and regional water quality and quantity. Bioenergy consumes water at various stages of production (including irrigation for crops) and also has impacts on water quality and quantity...We should be pursuing cleaner energy and streamlined approaches to conserving water in order to truly safeguard our water supply. (Newsha Ajami/Stanford University)
An incredible 40 percent of the water consumed by Americans goes into meat and dairy production. Livestock must drink water and there is some water use at the farm, but most of this water is for the producing animal feed...Is this a wise allocation of the limited supply of freshwater in America? (Arjen Hoekstra/University of Twente, Netherlands)
  • Closer to home, the Sacramento Bee has an ongoing series about drought solutions. Mariposa County resident Tom DeVries, who lives in forestland at 4,000 feet, offers his take:
Trees take water; a big one can draw 100 gallons a day out of the ground. All that junk forest in California is sucking up water that should be filling my spring and well and flowing downhill toward the rest of you. (Sac Bee)
  • You know who else has good ideas about how to conserve water in drought? Australians. (KQED)
  • Jay Lund from UC Davis modeled a "mega-drought" with his team and found that the economic consequences of a big drought event could be mostly managed through smarter water conservation policies. (California Water Blog)
  • Falling water levels at Lake Mead are lowering Hoover Dam's energy production. Generating units have recently been "derated," meaning that they're expected to have a lower capacity for producing electricity now that there's less water to turn turbines. (EE News)
  • Jason Dearen and Garance Burke report on "senior rights holders," and how poorly California accounts for water use by people who have rights dating back before 1914 at anytime, and how much that matters now during the drought. (AP)
  • You're gonna see a lot of these stories all week: it's a terrible year for setting off fireworks. I bet rural fire chiefs have their teeth on edge already. (Merced Sun-Star)
  • And we'll finish up in Southern California. In the first of a duo of Dana Bartholomew stories, the Daily News reports on Turf Terminators, a company that offers to leverage the recently-raised turf removal incentive and swap out homeowners' lawns for less thirsty landscapes...essentially for free, since the company's premise is that it can do the work for the price of the rebate. (Daily News)
  • In the second, Bartholomew profiles a Studio City water-conservation demonstration at homes along Rhodes Avenue. (Daily News)
  • And a UCLA project examining water use and conservation potential in territory served by the Los Angeles Department of Water and Power suggests that we're not pricing water well enough to encourage conservation. Authors of a policy brief with the California Center for Sustainable Communities say dual metering, for inside and outside, would also improve conservation. (Imperial Valley News)

How has your community been affected by the drought? Share your story with a photo on Twitter or Instagram. Tag it #mydrought. For more details on our photo project, click here.

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