Jalen Brunson (Dallas Mavericks) with a 2-pointer vs the Toronto Raptors, 01/18/2021
Jalen Brunson (Dallas Mavericks) with a 2-pointer vs the Toronto Raptors, 01/18/2021
The agreement paves the way for President Joe Biden’s $1.9 trillion coronavirus relief bill to move forward in the Senate.
Power grid operator Electric Reliability Council of Texas (ERCOT) made a $16 billion pricing error in the week of the winter storm that led to power outages across Texas, Potomac Economics, which monitors the state's power market, said. ERCOT kept market prices for power too high for more than a day after widespread outages ended late on Feb. 17, Potomac Economics, the independent market monitor for the Public Utility Commission of Texas, which oversees ERCOT, said in a filing.
Mexico's government has walled off the presidential palace with a metallic barrier ahead of a planned women's march on Monday to protest rampant violence against women and the president's support for a gubernatorial candidate accused of rape. Barriers were also installed around other emblematic buildings and monuments in downtown Mexico City where a year ago tens of thousands of people marched on International Women's Day, the vast majority peacefully. "It is outrageous, few people support us in the cry for justice," said Becky Bios, who survived an attempted femicide -- a term for gender-driven killing -- in 2015 and will participate in the march.
NEW YORK — After growing cobwebs for nearly a year, movie theatres in New York City reopen Friday, returning film titles to Manhattan marquees that had for the last 12 months instead read messages like “Wear a mask” and “We’ll be back soon.” Shortly after noon at the Angelika Film Center on Houston Street, Holly Stillman was already feeling emotional coming out of the first New York showing of Lee Isaac Chung’s tender family drama “Minari.” “My mask is drenched,” she said. But she was equally overwhelmed by being back in a cinema. Though Stillman feared the experience would be too restrictive because of COVID-19 protocols, she instead found it euphoric. “It was just you and the movie screen,” said Stillman. “It was wonderful to smell the popcorn as soon as I got into the theatre — even though I don’t eat popcorn.” Less than half of movie theatres are open nationwide, but reopenings are quickening. Theaters in many other areas reopened last summer around the release of Christopher Nolan’s “Tenet,” but that attempted comeback fizzled. Throughout, theatres remained shut in the five boroughs. For a year almost to the date, one of the world’s foremost movie capitals stayed dark. For a theatrical business that has been punished by the pandemic, the resumption of moviegoing in New York — is a crucial first step in revival. “It’s a symbolic moment,” said Michael Barker, co-president of the New York-based Sony Pictures Classics, which on Friday released the Oscar contenders “The Father” and “The Truffle Hunters” in Manhattan theatres. “It says that there is hope for the theatrical world to reactivate itself.” For some moviegoers who consider the big screen the only way to see a movie, the long-in-coming day had almost religious significance. “Moviegoing for me is like going to church,” said JM Vargas, who had tickets Friday to “Minari,” “The Last Dragon” and “Chaos Walking.” “I’ve been waiting a year to go back to church.” Cinemas in the city are currently operating at only 25% capacity, with a maximum of 50 per each auditorium. As in other places, mask wearing is mandatory, seats are blocked out and air filters have been upgraded. Many theatres were caught off guard when Gov. Andrew Cuomo said cinemas could, under those conditions, reopen. Some of the city’s prominent theatres, including the Film Forum, the Alamo Drafthouse, the Metrograph and Regal Cinemas were targeting openings in the coming weeks. Some needed more time to prepare. After sitting dormant all winter, the Cinema Village in Manhattan two weeks earlier burst a pipe, flooding the lobby — one last bit of bad luck in a grueling year. “This was the worst horror movie. I don’t think any Hollywood director could have dreamed it up,” said Nicolas Nicolaou, owner of the Cinema Village and theatres in Queens and New York. “We didn’t realize we’d be 100% shutdown for this long.” New York, along with Los Angeles (where theatres are still closed), is one of the top movie markets. For smaller films, it’s a vital epicenter of word-of-mouth. For blockbusters, it’s a lucrative necessity. Without New York or Los Angeles open, Hollywood studios have pushed most of their larger productions until more theatres are open, or they’ve steered films to streaming services. “The New York opening is very significant to the theatre business in New York, in the nation and in the globe,” says John Fithian, president of the National Association of Theater Owners. “We in the movie theatre business live off of movies that play all around the country and all around the world. We keep seeing those movies leave the theatrical release schedule to move to later dates because there just haven’t been enough markets. New York is the most important of those markets.” Lately, with President Biden’s prediction that every adult can be vaccinated by the end of May, the outlook for theatres has been brightening for the first time in a long time. Last weekend, “Tom & Jerry” overperformed at the box office with $14.1 million in ticket sales, even while it streamed on HBO Max. Though Universal Pictures pushed the “Fast & Furious” sequel “F9” from late May to late June, other movies have moved up on the calendar, reversing the postponement tide. Sony Pictures said it will release “Peter Rabbit 2: The Runaway” in May. Paramount Pictures’ “A Quiet Place II” moved into the May 28 date vacated by “F9.” The Walt Disney Co.’s “Black Widow” currently remains slated for May 7. Adding to the optimism: Southern California theatres are expected to reopen over the next few weeks. “It’s not that we’re going back to record-breaking business this summer,” said Fithian. “We’re going to crawl, then we’re going to walk and then we’re going to run. It’s going to take into 2022 before sustained profitability comes back into the business.” But at least on Friday, New York’s cinema lobbies were, if not crowded, again bustling. Sold-out signs for the evening adorned box-office windows. Even a little star power returned. Liam Neeson was to stop by the AMC at Lincoln Square to introduce “The Marksman.” At the IFC Center in Greenwich Village, masked moviegoers flocked to films to play catch up — even if the movies were streaming. IFC is hosting a four-week “What’d We Miss?” series of movies the theatre couldn’t play over the last 12 months, including “First Cow” and “MLK/FBI.” “We’re used to being present for the birth of these movies for New York audiences when they move into the public realm,” said John Vanco, senior vice-president of the IFC Center. The circumstances, he granted, weren’t ideal. But they were better than nothing. “I don’t look at 25% as being not good enough,” said Vanco. “I look at it as better than 0%.” At the IFC, Tykon Herman settled in for “Ma Rainey’s Black Bottom,” and had tickets for a 5 p.m. of “The Trial of the Chicago 7.” “I’m one of the very few that don’t have Netflix,” said Herman, laughing. “I’m just old-fashioned. I’ve loved the theatre experience from the time I saw ‘E.T.’ It’s not going to be the same but sitting down in front of this screen makes me feel like things may be getting back to normal soon.” ___ Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP Jake Coyle, The Associated Press
This spring, Winnipeg’s civil service will unveil its new master plan for public transit, coming on the heels of Ottawa’s announcement to shovel billions of dollars into programs across the country over the next decade in an effort to lower emissions from the transportation sector. This convergence of public money and planning seems to offer Winnipeg a chance to reimagine what is possible in the realm of transit — what the system could be going forward, despite past failings. However, it is quickly becoming clear there are no visions of streetcars or light rail dancing in their heads. Dreams for Winnipeg’s transit system are much smaller, even among its biggest proponents, which speaks to how far the system still has to go in order to meet a threshold of service that would successfully convince people to leave their cars at home. Or, even more radically, not buy a car in the first place. Breaking people of their car-driving habit is a key aspect of national and municipal climate plans. More than 40 per cent of greenhouse-gas emissions in Manitoba came from the transportation sector in 2018. Of the emissions from transportation, about 37 per cent comes from vehicles classified as light-duty cars and trucks. Electrification will help lower passenger-vehicle emissions, but prospective civic policies also rely on getting more people out of their vehicles altogether and on to bikes, buses and trains. “Investments in public transit will also require some behavioural changes on the part of commuters,” declared the Senate’s 2017 report on decarbonizing the transportation sector. “Unless taking transit is easier, faster and cheaper than taking a car for one’s daily commute, investments will not result in the desired emission reductions.” Ideally, all of the pieces are meant to come together to help solve the emissions problem. But in Winnipeg, the road forward is shaping up to be a long, slow one. ● ● ● Coun. Vivian Santos grew up getting around the city by bus, accepting the hour-long commute between her Southdale home and downtown that would otherwise take 15 minutes by car. As she got older, a bike became a better alternative to the bus, cutting her commute time in half. “I stopped taking transit because it was just, to be honest, a waste of my time in the morning,” she says. In the decades since, bus service hasn’t really improved, but her financial flexibility did, plus she added kids to the mix. And so, the Point Douglas councillor made the same choice most Winnipeggers who can afford it make, and she bought a car. There are now two in her household to shuffle her family around the city. Her children are getting to the age where they could start taking transit on their own — and she’d like to encourage them to do so — but it’s not realistic, based on where they live in the northwest part of the city. “There’s actually no transit service out here, to be honest with you. So if my son were to take transit, he would actually have to walk 10 minutes to McPhillips. Or he’d have to walk maybe seven minutes the other way down towards Pipeline and Templeton. So we’re really kind of outside of the transit system,” she says. Winnipeg has some of the lowest transit use rates per capita in the country, according to a recent report from Climate Reality Canada, the Canadian arm of former U.S. vice-president Al Gore’s international environmental non-profit organization. Among large cities with more than 600,000 residents, Winnipeg came in last, with an average of 67 transit trips per person annually. The next lowest was Calgary with 84. The Canadian leader in transit trips per capita is Montreal, with 236. Nationally, transit ridership has increased from roughly 1.8 billion regular service trips in 2009 to 2.1 billion in 2017, according to the Canadian Urban Transit Association. But in Winnipeg, ridership stalled and even declined in that same time period, according to city statistics. The last census revealed Winnipeg was the only Canadian city where commuting by public transit had declined over the preceding 20-year period. Santos believes getting more people on transit isn’t about building rail lines or any other flashy, grand plans. To her, it’s much more simple — it’s about making transit more frequently accessible and reliable, and charging less money to use it. “I think a good balance of both should be done,” she says. “They need to be done together. Because I understand that if we lower the fees, we’re going to have more people come on, we’re gonna see an uptick rate of people taking the transit. So obviously, we need to increase purchasing buses, and we need to better our frequency.” To that end, she put a motion before the city’s public works committee in February to study what the impact of lower fares might be in Winnipeg. It was rejected in a 2-2 vote. Curt Hull, director of Winnipeg’s Climate Change Connection, agrees with Santos’s evaluation of what’s needed to bring the transit system up to speed, and explains why aiming higher at this point isn’t practical. “Implementing rapid transit by rail is really a long ways further from where we are. You don’t start with that. You start with building the demand with things like developing frequent service, and then once you get enough demand, enough ridership on a particular route, then you make it rail. So we’re a long ways away from that,” Hull says. Efforts to regenerate the transit system with rapid bus instrastructure — the second leg of the Southwest Transitway was completed last spring — have proven lacklustre, Hull says, but he is hopeful new, less capital-intensive improvements will help deliver more riders. In addition to Santos’s hopes for more frequent, cheaper service, Hull adds a couple of things to the wish list. The routes need to be simple, he says, and access to lines criss-crossing the city needs to be easy. He envisions something like an on-demand service for suburban neighbourhoods, where a small van or a similar vehicle shuttles a rider to the main bus lines. Having regular but empty buses running through those neighbourhoods doesn’t make sense, he says, but you can’t cut them off from the network, either. “The issue is the availability of funding for it,” he says. ●●● Winnipeg relies more heavily on the fare box to fund transit than any other city in the country on a per capita basis, which pins the system’s progress directly to ridership. It’s a chicken-and-egg scenario — the system can’t be improved until ridership increases, but that won’t happen without system improvements. It also puts the system at risk for ridership fluctuations, as was the case for most of last year because of the pandemic. Across the country, transit ridership fell by more than 60 per cent in 2020, according to Statistics Canada. While it rebounded somewhat in the summer months, those minor gains were lost again amid the second wave in late fall and early winter. “That hits our system that much more than other systems,” says Coun. Matt Allard, chair of Winnipeg’s public works committee. Winnipeg’s reliance on fare-box revenues was cemented in 2017 when the provincial government moved away from its 50-50 funding agreement with the city. In 2019, fares represented 45 per cent of total expenditures on transit, which amounted to $91.7 million of $204 million. At the public works committee meeting in February where Santos put forward the idea of free or lower-fare transit, the conversation quickly turned from one that was simply about buses and dollar figures to a much more complicated question: is public transit something Winnipeggers consider to be a public good? Taxpayers who are childless or do not have school-age children still contribute money to the education system. Taxpayers who do not borrow books from the library still pay to keep the lights on and the shelves stocked. Those who do not drive still pay to keep the roads maintained. And all of those services are free of direct costs to the user. Winnipeggers have come to an implicit agreement that some things are in the public’s interest to fund. But so far, Winnipeg and its residents have yet to bring public transit under that umbrella. As long as the system relies heavily on the fare box, it will not be viewed as a public good. At least not to the same extent that other services are. Much like parents not bringing their children to a park with broken swings and garbage strewn everywhere, a neglected transit system will not yield higher ridership. It will not be a civic source of pride, as it is in many other cities. “Convenient access to public transit” is among the United Nations’ indicators for sustainable development goals. Yet, Winnipeg fails to meet measures of success that were created as goals in developing countries. International Institute for Sustainable Development targets for appropriate wait times and distance to the closest bus stop are unattainable for a third of Winnipeggers. Transit investments have been found to have significant positive spillover effects in economic development, especially in sectors such as tourism. It also stands to reason riders save money that would have otherwise have been spent on a car. Then there’s the significant shared benefits between climate interests in transit and equity policy across different socio-economic classes. “If you see transportation as a way of participating in society — which it certainly is — the more accessible transit is, the more people can easily get around and the more their experience becomes comparable to somebody who owns a vehicle, who’s more economically advantaged,” Allard says. The push for change has become louder as the urgency of climate action increases. Carolyn Kim, the director of transportation at the Pembina Institute, argues that making the decision as a city to invest in transit would be transformational, in itself. “If you’re able to increase the level of service, and people can ride a bus that is more frequent, it’s more reliable. It’s affordable,” Kim says. Also critical to the conversation is deliberately targeting dense housing and business development along the main transit arteries, she adds. Getting people onto transit is about making it a more convenient, cheaper alternative to driving. So the flip side of the equation, though often unpopular politically, is to find ways to increase the cost of driving through increased parking rates, lowering parking availability and other planning tools. It’s another avenue to pursue transformational changes, Kim says. Take London, as an example. The British city has created an “ultra-low emission zone” where, depending on how much your vehicle pollutes the air, you are charged a daily fee to drive in certain areas. Cities are free to get creative with policies and find solutions that work for them, Kim says, but they have the power to set priorities and pathways that change residents’ behaviour. ●●● Winnipeg is also contemplating where the electrification of buses fits into the picture. A pilot project for the use of both battery-electric and hydrogen fuel-cell buses will be considered by council this spring. Allard says he’s looking forward to debate on the topic, but to him, more buses on the road — regardless of how they’re powered — is the priority, since the transit fleet is responsible for such a small fraction of emissions in the city compared to personal passenger vehicles. Joanna Kyriazis, a senior policy adviser with Clean Energy Canada, warns against that kind of thinking, pointing out that electric buses actually stand to save cities money, since operation and maintenance costs are so much lower, even if up-front costs to purchase the vehicles are still higher. “The life of a bus is 12 to 18 years. And so if we keep making diesel bus purchases today, that that decision has consequences for another two decades,” she says. And the added allure of electric buses might be another way for the city to persuade drivers to park and ride, she says. Along with electrification, the new buses also come with GPS to track where they are on routes, and that information can then be sent to users. Generally, they also come with electronic-pass scanners, so riders don’t need to fumble with correct change and tickets. All of these upgrades make the transit experience better, she says. Plus, no more diesel fumes. “It’s also a great way for people to experience an electric vehicle for the first time. And the more we see them on our streets, the more we ride them, the more we see how many benefits they deliver, the more likely those riders are to go and buy an electric car themselves. So there are these spillover effects,” Kyriazis says. “Doing the same thing we’ve always done isn’t working. And so modernizing and connecting these vehicles is going to help improve the rider experience.” In Winnipeg, transformational changes might not be as big and headline-grabbing as they are in other cities, but this city is coming from behind and has more ground to make up if transit is going to become a priority. Rail lines or a world-class network of multi-modal transit aren’t on anyone’s realistic wish list. But perhaps Winnipeg is on the verge of a different radical change. One where transit isn’t looked at as a lost cause, but rather something to be invested in for the good of the community. Sarah Lawrynuik, Local Journalism Initiative Reporter, Winnipeg Free Press
Watch Pooja Bhatt talk about the unrealistic beauty standards Bollywood puts up for us.
Swimming Canada has announced the cancellation of multiple upcoming events, including the 2021 national championships. The organization made the announcement on Friday, citing the COVID-19 pandemic as the main concern. The 2021 Canadian masters swimming championships scheduled for May 21-23 in Quebec City, and the combined 2021 Canadian junior and senior swimming championships in Calgary July 26 to Aug. 2 have both been cancelled. Swimming Canada CEO Ahmed El-Awadi said in a release that the pandemic led to numerous reasons why the events couldn't be held, including health and safety concerns and the inability for many athletes to properly train this year due to restrictions. Swimming Canada says it will continue to evaluate its plans for the rest of the year as further decisions are announced by national, provincial and municipal government health authorities. "Sadly, we are making another announcement about cancelling events, which has become all too familiar over the past year. That said, it is once again done with the health and safety of our swimming community, and the wider community, at the forefront," said El-Awadi. "Due to the high number of participants expected at these events, it would not be possible to put the proper distancing protocols in place to ensure these events run safely. In addition, the amount of travel required to attend these events was a major factor in the decision." --- This report by The Canadian Press was first published March 5, 2021. The Canadian Press
Shares of special-purpose acquisition companies (SPACs), for months the darling of Wall Street as they attracted unprecedented investor interest, slid again this week amid concerns that their valuations have become inflated. The Defiance Next Gen SPAC Derived ETF, an exchange-traded fund (ETF) that tracks SPACs, was down more than 6% in morning trading on Friday and is on track for its biggest weekly drop since it launched in October. A SPAC is a shell company that raises money in an initial public offering (IPO) to merge with a privately held company that then becomes publicly traded as a result.
A federal judge on Friday dismissed a lawsuit filed by three Democratic state attorneys general that had sought to force the federal government to recognize Virginia's vote last year to ratify the Equal Rights Amendment and add it to the Constitution. Shortly after Virginia became the 38th state to ratify the amendment that supporters say will guarantee women equal rights under the law, the archivist of the United States declared he would take no action to certify the amendment's adoption, citing an opinion from the Department of Justice under the Trump administration. constitutional amendments must be ratified by three-quarters of the states, or 38, but Congress enacted a ratification deadline for the ERA that passed decades ago. In a ruling Friday evening, U.S. District Judge Rudolph Contreras said that Nevada, Illinois and Virginia's motives were “laudable” but that they came too late because the U.S. Congress set deadlines for ratifying the ERA long ago. Contreras also said the Archivist's publication and certification of an amendment are “formalities with no legal effect” so the archivist's failure to do that doesn't cause harm and there's no standing for the states to sue. In their lawsuit, Virginia Attorney General Mark Herring, Nevada Attorney General Aaron Ford and Illinois Attorney General Kwame Raoul argued that the deadline, which was first set for 1979 and later extended to 1982, was not binding. Herring said in a statement after the judge's ruling that he is not giving up the fight and is considering an appeal, hopeful of backing from Democrat Joe Biden's administration and Congress. “While I do not believe that the arbitrary deadline Congress imposed on the Equal Rights Amendment is binding in any way, I welcome any support from both the Biden Administration and Congress in ensuring that this amendment is recognized as part of the Constitution once and for all," he said. The U.S. Department of Justice, which represented the archivist of the United States David Ferriero, declined to comment. An emailed message seeking comment from the press office of the National Archives and Records Administration was not immediately returned. In a January 2020 opinion, the Justice Department said it was too late for states to sign off because of the deadline set by Congress decades earlier. Ford in Nevada said in a statement Friday that women have always been endowed with equal rights but it's past time for the country to recognize that. “Unfortunately, today’s decision requires women to continue waiting. Though I’m disheartened by this decision, all women can rest assured that, regardless of this court’s decision, my fight for your equal rights does not end today, tomorrow, or any day," he said. The ERA states, in part, “Equality of rights under the law shall not be denied or abridged by the United States or by any State on account of sex.” Supporters contend the amendment would offer stronger protections in sex discrimination cases and give Congress firmer ground to pass anti-discrimination laws, among other protections. Opponents of the measure warn it could be used to erase protections such as workplace accommodations during pregnancy. Anti-abortion activists worry that the amendment could be used by supporters of abortions rights to eliminate abortions restrictions on the grounds that they discriminate against women. Michelle L. Price, The Associated Press
The actor and girlfriend Riko Shibata tied the knot on Feb. 16 — a date which was very special to the couple
RADNOR, Pa., March 05, 2021 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed in the United States District Court for the Southern District of New York against MultiPlan Corporation (NYSE: MPLN; MPLN.WS) (“MultiPlan”) f/k/a Churchill Capital Corp. III (“Churchill III”) on behalf of: (1) those who purchased or acquired MultiPlan securities between July 12, 2020 and November 10, 2020, inclusive (the “Class Period”); and (2) all holders of Churchill III Class A common stock entitled to vote on Churchill III’s merger with and acquisition of Polaris Parent Corp. and its consolidated subsidiaries consummated in October 2020 (the “Merger”). Deadline Reminder: Investors who purchased or acquired MultiPlan securities during the Class Period may, no later than April 26, 2021, seek to be appointed as a lead plaintiff representative of the class. For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or Adrienne Bell, Esq. (484) 270-1435; toll free at (844) 887-9500; via e-mail at firstname.lastname@example.org; or click https://www.ktmc.com/multiplan-corp-securities-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=multiplan. Churchill III was formed in October 2019 as a special purpose acquisition vehicle. On February 14, 2020, Churchill III completed its initial public offering, selling 110 million ownership units to investors for gross proceeds of $1.1 billion (the “IPO”). Pursuant to the IPO prospectus, Churchill III was required to acquire a target business with an aggregate fair market value of at least 80% of the assets held in trust from the IPO proceeds and to do so within two years of the IPO. The Class Period commences on July 12, 2020, when Churchill III and MultiPlan, a healthcare cost specialist, issued a joint press release announcing their agreement to combine. The Merger, initially valued at $5.7 billion, would be funded by the IPO proceeds as well as billions of dollars in new debt and equity issuances. On September 18, 2020, Churchill III issued the proxy statement for the Merger which urged shareholders to vote in favor of the deal (the “Proxy”). The Proxy stated that Churchill had identified MultiPlan as a potential acquisition target soon after the IPO. On the basis of the Proxy, on October 7, 2020, shareholders voted to approve the Merger at a special shareholders meeting. Because of the Proxy, shareholders were prevented from the fully informed opportunity to redeem their shares as was their right. The shares subject to redemption were valued in the Proxy at approximately $10 per share. On November 11, 2020, one month after the close of the Merger, Muddy Waters published a report on Churchill III titled “MultiPlan: Private Equity Necrophilia Meets The Great 2020 Money Grab”, which was based on extensive non-public sources such as interviews with former MultiPlan executives and other industry experts, as well as proprietary analysis. The report revealed, in part, that: (1) MultiPlan was in the process of losing its largest client, UnitedHealthcare, which was estimated to cost Churchill III up to 35% of its revenues and 80% of its levered free cash flow within two years; (2) MultiPlan was in significant financial decline because of its fundamentally flawed business model, which profited from excessively high healthcare costs; (3) UnitedHealthcare had purportedly launched a competitor, Naviguard, to reduce its business with MultiPlan and bring the over-priced and conflicted services offered by MultiPlan inhouse; and (4) MultiPlan had suffered from material, undisclosed pricing pressures that had caused it to slash the “take rate” it charged customers in half in some instances and falsely characterized revenue declines as “idiosyncratic” when in fact they were due to sustained, negative pricing trends afflicting MultiPlan’s business. Following this news, the price of Churchill III’s securities declined. By November 12, 2020, the price of Churchill III’s Class A common stock fell to a low of just $6.12 per share, nearly 40% below the price at which shareholders could have redeemed their shares at the time of the shareholder vote on the Merger. The complaint alleges that the Proxy failed to disclose among other things that: (a) MultiPlan was losing tens of millions of dollars in sales and revenues to Naviguard, which threatened up to 35% of Churchill III’s sales and 80% of its levered cash flows by 2022; (b) sales and revenue declines in the quarters leading up to the Merger were not due to “idiosyncratic” customer behaviors as represented, but rather due to a fundamental deterioration in demand for MultiPlan’s services and increased competition; (c) MultiPlan was facing significant pricing pressures for its services and had been forced to materially reduce its take rate in the lead up to the Merger by insurers; (d) as a result of the foregoing, MultiPlan was set to continue to suffer from revenues and earnings declines, increased competition and deteriorating pricing dynamics following the Merger; and (e) as a result of the foregoing, Churchill III investors had grossly overpaid for the acquisition of MultiPlan in the Merger, and MultiPlan’s business was worth far less than represented to investors. MultiPlan investors may, no later than April 26, 2021, seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. In order to be appointed as a lead plaintiff, the Court must determine that the class member’s claim is typical of the claims of other class members, and that the class member will adequately represent the class. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff. Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com. CONTACT: Kessler Topaz Meltzer & Check, LLPJames Maro, Jr., Esq.Adrienne Bell, Esq.280 King of Prussia RoadRadnor, PA 19087(844) 887-9500 (toll free)(610) email@example.com
The post, sent from Dorsey's account in March of 2006, received offers on Friday that went as high as $88,888.88 within minutes of the Twitter co-founder tweeting a link to the listing on 'Valuables by Cent' - a tweets marketplace. Old offers for the tweet suggest that it was put for sale in December, but the listing gained more attention after Dorsey's tweet on Friday.
Phoenix Suns star Devin Booker won't play in the NBA All-Star Game this weekend because of a mild sprain in his left knee, opening up space for Utah's Mike Conley to make his first All-Star appearance. The Suns announced Booker's injury on Friday. Conley will be making his first appearance in the NBA showcase in his 13th season. Booker was hurt in the first quarter of a victory over Golden State on Thursday. He appeared to bump knees with Golden State's Kent Bazemore and fell to the floor with a grimace on his face. He remained in the game and finished with 16 points. Booker was set to play in his second All-Star Game after he was put on the roster as an injury replacement for Los Angeles Lakers forward Anthony Davis. Conley's addition to the All-Star roster is a feel-good story for the veteran point guard. The 33-year-old has routinely been in the All-Star discussion for a decade but always was snubbed when rosters were announced. Conley is averaging 16.1 points and 5.7 assists for the Jazz, who have the NBA's best record at 27-9. ___ Follow David Brandt at www.twitter.com/davidbrandtAP ___ More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports David Brandt, The Associated Press
Ulukhaktok, N.W.T. residents are hunkering down at home as they face a blizzard, but thankfully, their internet has been restored. "This the longest [internet outage] it's been," said Ulukhaktok Mayor Joshua Oliktoak. "I guess it was getting hard for some people, so I'm very thankful that it was resolved so people are able to get what they need before they have to stay in … everything is shut-down except for the stores." The internet was in and out for nearly eight days before Northwestel fixed the issue Thursday evening, the company confirmed. It said a "technical issue" had caused "internet network congestion" in the community. Residents had been trying to alert the company to the internet problem, but, said a Northwestel spokesperson, during the outage period "data was still flowing in and out of the community and we did not fully realize the impact it was having on customers." The internet outage was so widespread that it even affected residents' ability to pay for groceries and gas. Oliktoak said Friday afternoon that the internet returning meant community members could pick up groceries and supplies before the blizzard got too bad. "We are fortunate it got fixed before the weekend," said Oliktoak. "Right now it's real bad. Some people can't see across the road."
The latest numbers of confirmed COVID-19 cases in Canada as of 9:15 p.m. ET on Friday, March 5, 2021. There are 881,761 confirmed cases in Canada. _ Canada: 881,761 confirmed cases (30,146 active, 829,423 resolved, 22,192 deaths).*The total case count includes 13 confirmed cases among repatriated travellers. There were 3,370 new cases Friday. The rate of active cases is 79.32 per 100,000 people. Over the past seven days, there have been a total of 20,214 new cases. The seven-day rolling average of new cases is 2,888. There were 41 new reported deaths Friday. Over the past seven days there have been a total of 277 new reported deaths. The seven-day rolling average of new reported deaths is 40. The seven-day rolling average of the death rate is 0.1 per 100,000 people. The overall death rate is 58.39 per 100,000 people. There have been 24,938,790 tests completed. _ Newfoundland and Labrador: 1,003 confirmed cases (117 active, 880 resolved, six deaths). There was one new case Friday. The rate of active cases is 22.41 per 100,000 people. Over the past seven days, there has been 27 new case. The seven-day rolling average of new cases is four. There were zero new reported deaths Friday. Over the past seven days there has been one new reported death. The seven-day rolling average of new reported deaths is zero. The seven-day rolling average of the death rate is 0.03 per 100,000 people. The overall death rate is 1.15 per 100,000 people. There have been 200,703 tests completed. _ Prince Edward Island: 139 confirmed cases (24 active, 115 resolved, zero deaths). There was one new case Friday. The rate of active cases is 15.04 per 100,000 people. Over the past seven days, there has been 18 new case. The seven-day rolling average of new cases is three. There have been no deaths reported over the past week. The overall death rate is zero per 100,000 people. There have been 110,916 tests completed. _ Nova Scotia: 1,651 confirmed cases (31 active, 1,555 resolved, 65 deaths). There were two new cases Friday. The rate of active cases is 3.17 per 100,000 people. Over the past seven days, there have been a total of 17 new cases. The seven-day rolling average of new cases is two. There have been no deaths reported over the past week. The overall death rate is 6.64 per 100,000 people. There have been 356,686 tests completed. _ New Brunswick: 1,447 confirmed cases (34 active, 1,385 resolved, 28 deaths). There were four new cases Friday. The rate of active cases is 4.35 per 100,000 people. Over the past seven days, there have been a total of 19 new cases. The seven-day rolling average of new cases is three. There were zero new reported deaths Friday. Over the past seven days there have been a total of two new reported deaths. The seven-day rolling average of new reported deaths is zero. The seven-day rolling average of the death rate is 0.04 per 100,000 people. The overall death rate is 3.58 per 100,000 people. There have been 240,032 tests completed. _ Quebec: 291,175 confirmed cases (7,290 active, 273,430 resolved, 10,455 deaths). There were 798 new cases Friday. The rate of active cases is 85.02 per 100,000 people. Over the past seven days, there have been a total of 5,030 new cases. The seven-day rolling average of new cases is 719. There were 10 new reported deaths Friday. Over the past seven days there have been a total of 83 new reported deaths. The seven-day rolling average of new reported deaths is 12. The seven-day rolling average of the death rate is 0.14 per 100,000 people. The overall death rate is 121.93 per 100,000 people. There have been 6,397,936 tests completed. _ Ontario: 306,007 confirmed cases (10,378 active, 288,583 resolved, 7,046 deaths). There were 1,250 new cases Friday. The rate of active cases is 70.44 per 100,000 people. Over the past seven days, there have been a total of 7,438 new cases. The seven-day rolling average of new cases is 1,063. There were 22 new reported deaths Friday. Over the past seven days there have been a total of 102 new reported deaths. The seven-day rolling average of new reported deaths is 15. The seven-day rolling average of the death rate is 0.1 per 100,000 people. The overall death rate is 47.82 per 100,000 people. There have been 11,082,737 tests completed. _ Manitoba: 32,104 confirmed cases (1,133 active, 30,067 resolved, 904 deaths). There were 53 new cases Friday. The rate of active cases is 82.15 per 100,000 people. Over the past seven days, there have been a total of 385 new cases. The seven-day rolling average of new cases is 55. There was one new reported death Friday. Over the past seven days there have been a total of 15 new reported deaths. The seven-day rolling average of new reported deaths is two. The seven-day rolling average of the death rate is 0.16 per 100,000 people. The overall death rate is 65.54 per 100,000 people. There have been 539,166 tests completed. _ Saskatchewan: 29,432 confirmed cases (1,507 active, 27,532 resolved, 393 deaths). There were 212 new cases Friday. The rate of active cases is 127.85 per 100,000 people. Over the past seven days, there have been a total of 1,088 new cases. The seven-day rolling average of new cases is 155. There were two new reported deaths Friday. Over the past seven days there have been a total of 13 new reported deaths. The seven-day rolling average of new reported deaths is two. The seven-day rolling average of the death rate is 0.16 per 100,000 people. The overall death rate is 33.34 per 100,000 people. There have been 584,905 tests completed. _ Alberta: 135,196 confirmed cases (4,639 active, 128,644 resolved, 1,913 deaths). There were 411 new cases Friday. The rate of active cases is 104.91 per 100,000 people. Over the past seven days, there have been a total of 2,408 new cases. The seven-day rolling average of new cases is 344. There were two new reported deaths Friday. Over the past seven days there have been a total of 36 new reported deaths. The seven-day rolling average of new reported deaths is five. The seven-day rolling average of the death rate is 0.12 per 100,000 people. The overall death rate is 43.26 per 100,000 people. There have been 3,434,748 tests completed. _ British Columbia: 83,107 confirmed cases (4,975 active, 76,752 resolved, 1,380 deaths). There were 634 new cases Friday. The rate of active cases is 96.64 per 100,000 people. Over the past seven days, there have been a total of 3,767 new cases. The seven-day rolling average of new cases is 538. There were four new reported deaths Friday. Over the past seven days there have been a total of 25 new reported deaths. The seven-day rolling average of new reported deaths is four. The seven-day rolling average of the death rate is 0.07 per 100,000 people. The overall death rate is 26.81 per 100,000 people. There have been 1,959,060 tests completed. _ Yukon: 72 confirmed cases (zero active, 71 resolved, one deaths). There were zero new cases Friday. Over the past seven days, there have been a total of zero new cases. The seven-day rolling average of new cases is zero. There have been no deaths reported over the past week. The overall death rate is 2.38 per 100,000 people. There have been 8,216 tests completed. _ Northwest Territories: 42 confirmed cases (one active, 41 resolved, zero deaths). There were zero new cases Friday. The rate of active cases is 2.21 per 100,000 people. Over the past seven days, there have been a total of zero new cases. The seven-day rolling average of new cases is zero. There have been no deaths reported over the past week. The overall death rate is zero per 100,000 people. There have been 14,790 tests completed. _ Nunavut: 373 confirmed cases (17 active, 355 resolved, one deaths). There were four new cases Friday. The rate of active cases is 43.2 per 100,000 people. Over the past seven days, there have been a total of 17 new cases. The seven-day rolling average of new cases is two. There have been no deaths reported over the past week. The overall death rate is 2.54 per 100,000 people. There have been 8,819 tests completed. This report was automatically generated by The Canadian Press Digital Data Desk and was first published March 5, 2021. The Canadian Press
Nicolas Cage is again "Leaving Las Vegas" hitched. The actor tied the knot for the fifth time to girlfriend Riko Shibata, 26, in Las Vegas on Feb. 16.
Disneyland and other California theme parks could reopen their outdoor rides and attractions as soon as April 1 if they're in counties where coronavirus transmission is low enough.
Biden and Democratic leaders are pushing for passage before March 14 when unemployment benefits approved under an earlier relief bill expire.
Venezuela's central bank said on Friday that it would introduce a banknote worth 1 million bolivars beginning next week, as years of incessant hyperinflation continue to batter the value of the crisis-stricken South American country's currency. The new banknote will be worth just 52 U.S. cents at the current official exchange rate. Interannual inflation was running at 2,665% as of January, according to the central bank.
"I'll always be transparent about anything that's not 'natural,'" the former reality star shared on Instagram