Kentavious Caldwell-Pope (Los Angeles Lakers) with an assist vs the Brooklyn Nets, 04/10/2021
Kentavious Caldwell-Pope (Los Angeles Lakers) with an assist vs the Brooklyn Nets, 04/10/2021
"If we don't [speak up] for the betters, it's just going to keep on going."
President Biden met with "Dreamers" at the White House to speak about the need for permanent protections for undocumented immigrants.
LAKE FOREST, IL (AP) — Chicago Bears rookie quarterback Justin Fields is taking it one step at a time even if a large amount of the team’s fan base wants him playing on opening night against the Los Angeles Rams. For Fields, one step at a time means letting his head coach see him practice live first, and that wasn't even possible Friday on opening day of the team's rookie minicamp. “I’m just taking it day by day, focusing on each day, each period, each play, on just perfecting that play and getting better,” Fields said. “That’s what I’m going to focus on. I’m going to take it little by little and not look too far ahead and take it day by day.” Bears coach Matt Nagy couldn’t offer a first-hand appraisal of his quarterback’s first day on the field, mainly because he only saw it on a video screen. Nagy is under a COVID-19 quarantine after being ruled a high-risk contact with a family member who tested positive for the coronavirus. “I do think it’s a really good reminder to all of us that the virus is obviously still very real,” Nagy said after practice in a virtual news conference. “And hopefully more and more of us will continue to go out and get our vaccines. “I’m actually in the middle of mine right now. I’ve had my first shot and will be getting my second shot here in the near future.” So the Bears had assistant Kyle Childress walking around the practice field with a tablet, sending live video back to the coach while the rookies performed. “It’s definitely a little bit different,” Nagy said. “It wasn’t quite HD. It was a little blurry. But at the same time, I was able to tell whether it was a good play or not.” From what Nagy could see, Fields didn’t disappoint for his first effort. He handled the huddle well even though he didn’t have much experience with a huddle in college, and his passing mechanics seemed fine to Nagy. “I thought he seemed super calm,” Nagy added. “Everything, a lot of times in these camps things seem a thousand miles per hour and it didn’t seem that way from where I was. “The ball did not touch the ground very much in the reps that he had passing the football, so that part was good.” Fields connected on one nice deep throw to rookie receiver Dazz Newsome, but confined most of his throwing to the short and intermediate pass routes. The challenge will be learning his new receivers, but mainly getting down the playbook. “I think it’s just the terminology NFL teams use, that we use, just getting used to that,” Fields said. “Just getting used to the play calls and the players and stuff like that, but I think that is going to come along with time and I’ll get used to that as time flies by.” From what Fields has seen of the playbook so far, it doesn’t appear much more complicated than the one he was used to under coach Ryan Day with the Ohio State Buckeyes. “I would say it’s probably the same,” Fields said. “The only different thing about our offense is that at Ohio State we did signals from the sidelines so actually getting in the huddle and calling the play out is the only different thing. “Everything else is pretty much the same when it comes to concepts and stuff like that.” Veteran Andy Dalton is scheduled to be the Bears starter and Fields knows he’d be a long shot to be ready to start on opening day. It’s not preventing him from trying. “I think everybody on our team should be striving for the starting job,” Fields said. “If you’re not, then there’s no reason for you to be here. “Of course I’m going to do everything I can to get that starting job. It’s not up to me. Coach Nagy he has a set plan on my development and stuff like that. I’m just gonna work hard and keep my head down and keep grinding out there every day.” The three-day camp is non-contact without pads and runs through Sunday. Then the rookies join the veterans next week for the start of voluntary on-field workouts. ___ More AP NFL: https://apnews.com/NFL and https://twitter.com/AP_NFL Gene Chamberlain, The Associated Press
Half-full India repatriation flight lands in Darwin after travel ban liftsAbout half of the Australians due to return were barred from flying after 40 tested positive to Covid and others were deemed close contacts The first India repatriation flight lands in Darwin since the travel ban lifted. Photograph: Charlie Bliss/EPA
In at least one case a child was kept on a coach for four days, waiting to join his family.
Walmart, the world’s largest retailer, said Friday that it won’t require vaccinated shoppers or workers to wear a mask in its U.S. stores unless state or local laws say otherwise. Vaccinated workers can stop wearing them on Tuesday. As an incentive, Walmart said it is offering workers $75 if they prove they’ve been vaccinated.
ANCHORAGE, Alaska (AP) — The Anchorage Assembly voted Friday to immediately revoke the city's mask mandate, shortly after Acting Mayor Austin Quinn-Davidson’s office announced the mandate would lift next week. The assembly voted 8-1 in a special meeting to revoke a mandate that has been in place since June, the Anchorage Daily News reported. Earlier Friday, Quinn-Davidson's office announced plans to revoke the mandate on May 21, a delay it said was intended to protect students through the end of the school year. The U.S. Centers for Disease Control and Prevention on Thursday released guidance allowing people who are fully vaccinated to stop wearing masks outdoors in crowds and in most indoor settings. The federal guidance calls for masks on planes, buses and other forms of public transportation and at airports. Quinn-Davidson's office said people who are not vaccinated against COVID-19 are encouraged to wear masks. Applying a mask mandate only to those who are not vaccinated would have created enforcement challenges and issues for businesses, the statement said. Her office also said businesses in Anchorage still can require mask-wearing. In Juneau, restrictions remain for those not fully vaccinated. Those who are fully vaccinated no longer have to wear masks in indoor public areas or at crowded outdoor events and do not have to wear masks at gyms, under revised rules announced Friday. Masks are required regardless of vaccination status in Juneau in places like the hospital, school district facilities and other settings that choose to require them, according to a statement from the city. The Associated Press
Kessler Topaz Meltzer & Check, LLP Files Lawsuit Against Emergent BioSolutions Inc. With Expanded Class Period
JACKSON, Miss. (AP) — Mississippi will remain in the minority of states without a medical marijuana program after the state Supreme Court on Friday overturned an initiative that voters approved last fall — a decision that also limits other citizen-led efforts to put issues on the statewide ballot. At the heart of the ruling is the fact that initiatives need signatures from five congressional districts to get on the ballot, but because of Mississippi’s stagnant population, the state only has four districts. Six justices ruled that the medical marijuana initiative is void because the state's initiative process is outdated. Three justices dissented. The initiative process was added to the Mississippi Constitution in the 1990s as Section 273. It requires petitioners trying to get any initiative on the ballot to gather one-fifth of signatures from each congressional district. Mississippi had five congressional districts at the time that was written. But the state dropped to four districts after the 2000 Census, and language dealing with the initiative process was never updated. “Whether with intent, by oversight, or for some other reason, the drafters of section 273(3) wrote a ballot-initiative process that cannot work in a world where Mississippi has fewer than five representatives in Congress," Justice Josiah Coleman wrote for the majority in the ruling Friday. "To work in today’s reality, it will need amending — something that lies beyond the power of the Supreme Court.” In a strongly worded dissent, Justice James Maxwell wrote that he believes the secretary of state correctly put Initiative 65 on the ballot. Maxwell wrote that the majority opinion “confidently and correctly points out” that the Supreme Court cannot amend the state constitution. “Yet the majority does just that — stepping completely outside of Mississippi law — to employ an interpretation that not only amends but judicially kills Mississippi’s citizen initiative process,” Maxwell wrote. About 1.3 million people voted in Mississippi in November, and more than 766,000 of them voted in favor of Initiative 65, which required the state Health Department to establish a medical marijuana program by the middle of this year. The department had been working to create a program as the legal fight continued. People also have started investing money in businesses related to medical marijuana in Mississippi. A cannabis cultivation supplier announced in April that it was leasing a warehouse in Jackson with plans to open this summer, WLBT-TV reported. Mississippi was among about three dozen states to have approved medical marijuana, according to the National Conference of State Legislatures. To get Initiative 65 on Mississippi's statewide ballot, organizers gathered signatures from the five congressional districts that the state used during the 1990s. They did that based on legal advice issued years ago by the state attorney general’s office. Madison Mayor Mary Hawkins Butler filed a lawsuit days before the election, contending that the signature-gathering requirement is mathematically impossible with four congressional districts. She opposed Initiative 65 because it limits a city’s ability to regulate the location of medical marijuana businesses. “The city is pleased that the Supreme Court followed the plain language of the Mississippi Constitution and recognized that, unfortunately, the current voter initiative process is broken,” Butler said in a statement to The Associated Press on Friday. Ken Newburger, executive director of the Mississippi Medical Marijuana Association, said the justices overturned the will of the voters. “Patients will now continue the suffering that so many Mississippians voted to end,” Newburger said. State attorneys said Mississippi has two sets of congressional districts — one set used for congressional elections and one set used for other purposes. An attorney for Butler argued that the only purpose of a congressional district is to have boundaries for electing U.S. House members. Chief Justice Michael Randolph said during last month's hearing that seven bills have been filed over the years to update Mississippi’s initiative process to remove confusion about signatures coming from old or new congressional districts, and legislators have not made the change. Legislative leaders have not said clearly why they have not updated the initiative process in the 20 years since Mississippi lost a congressional district. The problem with five districts versus four has existed first with Democrats in control at the Capitol and now, for many years, with Republicans in control. People are gathering signatures for several other proposed initiatives, including one to authorize widespread early voting and another to expand Medicaid. Justices on Friday did not mention two other ballot initiatives that Mississippi voters approved in 2011, after the state dropped from five congressional districts to four. Initiative 27 requires people to show government-issued photo identification before voting. Initiative 31 limits the use of eminent domain — the practice of governments taking private property for other uses. During the legislative session that ended in April, the Senate tried to create rules for a state medical marijuana program, but the House defeated the effort. Republican Sen. Kevin Blackwell said the proposal was a backstop to have a program in place in case the Supreme Court invalidated Initiative 65. But supporters of Initiative 65 balked at the proposal, saying they saw it as an attempt to usurp what voters approved. ___ Follow Emily Wagster Pettus on Twitter: http://twitter.com/EWagsterPettus. Emily Wagster Pettus, The Associated Press
JUNEAU, Alaska (AP) — Alaska legislative leaders voted Friday to make mask-wearing optional at the state Capitol and then shed their own face coverings after the vote. The decision by the Legislative Council followed new guidelines the U.S. Centers for Disease Control and Prevention for people who are fully vaccinated against COVID-19. The council is composed of House and Senate leaders. Under the new policy, masks are optional in legislative facilities, with some exceptions. For example, lawmakers can require masks in their respective offices. “Sen. Reinbold, you can remove your mask now,” Senate President Peter Micciche said to the council vice-chair, Sen. Lora Reinbold, after the vote, with people in the meeting room laughing and clapping. Reinbold has been an outspoken critic of mask rules. Other council members also peeled off their masks. Rules were changed last month to ease testing requirements for legislators, staff and others allowed in the Capitol, requiring once-a-week tests for those unvaccinated or not fully vaccinated and exempting those who are fully vaccinated from testing, with some exceptions. Testing earlier this session was more frequent. The policy adopted Friday recommends weekly testing for those who aren't vaccinated and for those with COVID-19 symptoms or who return to Juneau after travel. The Capitol remains closed to the public. The Associated Press
SANTA CLARA, Calif. (AP) — The pomp of draft weekend when he was picked third by San Francisco and got to put on his 49ers jersey for the first time is firmly in Trey Lance's past. Now it's all about learning a new offense and making the transition to the NFL after playing only one game last season and making only 17 career starts at FCS-level North Dakota State. “I think I’ve kind of gotten past the point where it’s surreal,” Lance said about putting on his jersey for the first practice at rookie minicamp Friday. "It’s work now. It was probably cooler the day after the draft and draft day and everything like that. Right now it’s my job, so I’m excited to get to work.” The steps this weekend during the three-day rookie minicamp are only the most basic ones as the Niners had only 23 players on hand, including eight rookie draft picks, several undrafted free agents, five players on tryouts and a handful of returning players. Lance looked comfortable running drills and 7-on-7 sessions, completing 20 of 24 passes in those drills with most being of the shorter variety. His best pass was a completion in traffic over the middle to tryout receiver Marqise Lee, who has played 59 career games in the NFL. Lance also was intercepted once by fifth-round pick Deommodore Lenoir. “I’ve been waiting to learn a new playbook for the last seven, eight months,” Lance said. “So it was a ton of fun to finally be able to get into it.” Lance played only one game last season because North Dakota State's season was moved to the spring due to the coronavirus pandemic. But he showed a strong arm and great mobility in 2019 to make him a top prospect and the Niners grabbed him at No. 3 in the draft after trading two future first-round picks to move up from No. 12. Lance's production in 2019 was off the charts as he threw for 2,786 yards, 28 TDs and no interceptions and ran for 1,159 yards. Lance threw his only collegiate interception last fall against Central Arkansas in a game North Dakota State played in part to give him more exposure to NFL teams. Lance comes in as the backup behind Jimmy Garoppolo, who already has reached out to welcome him to the Bay Area as a fellow former winner of the Walter Payton Award, which is given to the best FCS player each year. But the Niners believe he can be the franchise quarterback down the road and that the experience he got running a pro-style offense in college will help that transition. “I’ve got a lot to learn for sure,” Lance said. “But I also have great people around me, great coaches and obviously great guys in the quarterback room. So just looking forward to learning from them as much as I possibly can. I’m very thankful for the people at North Dakota State and my coaching staff and the offense that we ran because I think it did help me.” Nothing he did in college prepared him for one aspect of life in the Bay Area. Coach Kyle Shanahan prepared him during the draft weekend for the sticker shock that will come when he starts looking for a place to live. Lance should be able to afford it once he signs his contract, which will be worth $34.1 million over four years with a $22.1 million signing bonus. “I definitely appreciated the warning,” Lance said. “I knew it would be kind of crazy, but it definitely helped giving me a little bit of a heads up. Super excited to get more familiar with the area.” ___ More AP NFL coverage: https://apnews.com/hub/NFL and https://twitter.com/AP_NFL Josh Dubow, The Associated Press
SAN FRANCISCO (AP) — A federal appeals court on Friday upheld a $25 million award against agribusiness giant Monsanto Co. in a lawsuit that alleged a California man developed cancer from exposure to its best-selling weed killer, Roundup. In a 2-1 ruling, a panel of the U.S. 9th Circuit Court of Appeals rejected Monsanto's appeal of punitive damages awarded in 2019 by a San Francisco jury. The jurors found that Edwin Hardeman proved Roundup’s design was defective, it lacked sufficient cancer warnings and its manufacturer was negligent. They initially awarded Hardeman more than $80 million in damages but a judge later reduced the punitive portion of the award, bringing the total to around $25 million. Hardeman blamed his non-Hodgkin's lymphoma on decades of using Roundup products to treat poison oak, overgrowth and weeds on his San Francisco Bay Area property. The appellate court ruling said evidence from the case supported a conclusion that Monsanto acted with "indifference to or a reckless disregard of the health or safety of others” and thus was liable for punitive damages. And while the initial punitive award figure was excessive, the reduced amount was legal, the ruling said. An email to Monsanto representatives seeking comment wasn’t immediately returned. However, Monsanto has long said studies have established that glyphosate, the active ingredient in its widely used weed killer, is safe. Hardeman's suit was one of many by thousands of people who contend that Monsanto's products caused their cancers. Monsanto was acquired by the German chemical giant Bayer several years ago. Bayer agreed last year to pay $12 billion to resolve thousands of U.S. lawsuits and deal with future claims. Associated Press, The Associated Press
The Kentucky Derby winner (for now) is officially racing in the Preakness.
Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Porch Group Inc. To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - May 14, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Porch Group Inc. ("Porch" or the "Company") (NASDAQ: PRCH).If you suffered losses exceeding $50,000 investing in Porch stock or options and would like to discuss ...
The Ottawa Senators appear poised to emerge from the painful, dark days of a long rebuild. Featuring a talented young core of exciting players, the club has more high-end prospects coming down the pipeline after putting up the North Division's third-best record following a disastrous start to the NHL's pandemic-shortened season. While there are encouraging signs on the ice for a team that has resided at or near the bottom of the league standings since getting within a goal of the 2017 Stanley Cup final, Senators owner Eugene Melnyk continues to make waves off it. Melnyk, however, is not commenting on separate lawsuits related to a Caribbean vacation he took over Christmas during the COVID-19 pandemic. The statements of claim filed in a Florida court last month by his travelling companions against five defendants allege the trip aboard a $500,000-per-week yacht quickly deteriorated into disagreements with the captain, "reckless conduct" and "abuse" that resulted in "panic attacks" on rough seas. The lawsuits do not name Melnyk specifically, but he released a statement to The Canadian Press acknowledging them and declining to comment while they are before the courts. He added he and his family's travel respected all public health laws in Canada and abroad during the COVID-19 pandemic, and they continue to do so. CBC was first to report Melnyk's girlfriend, Sharilyne Anderson, and his mother, Vera, are seeking a combined US$10 million in damages, alleging the captain of the 60-metre M/Y Dream was "an odorous, ill-tempered man who was curt and dismissive with the guests and outright angry and abusive to the crew." The plaintiffs allege the captain "was easily flustered and overwhelmed and seemed completely unfamiliar with the area, the crew or the vessel." The lawsuits, which both name companies connected to the boat, an agent with Dynamic Yacht Management and the captain, allege the voyage aboard the Dream with Anderson, who lives in Toronto, and Eugene Melnyk began Dec. 22 in Nassau with much of Canada under lockdown to escape their "isolated existence and spend the holidays with family and friends." The couple planned to spend five days together before being joined by their guests, but the situation, the lawsuits allege, began to unravel when the captain refused to travel between the island of Andros and an archipelago — instead taking the yacht east out to open ocean. The statements of claim say the captain charted a route that led to a "harrowing 10-15 hour ordeal" where the two passengers "became violently ill, vomiting throughout the night." None of the allegations have been tested in court. Messages left with Gurmeet Ahluwalia, the agent who works for companies that own and manage the Dream, were not immediately returned. An email was also sent to the lawyer representing Anderson and Vera Melnyk seeking comment. "(The captain) appeared angry and resentful that a charterer would deem to intrude on his alleged specialized knowledge, experience, and authority," the statements of claim read. "(The captain) sought instead to punish the charterer and his party for their insolence through intentionally piloting the yacht into the open ocean." A lawyer representing the yacht's management company told CBC the 12-passenger luxury boat was too large to navigate the route requested. "It would have been nice had the boat been able to go the inland route," Chris Fertig told the public broadcaster. "But you can't. It's just a physical impossibility." After a few days on calmer waters, the yacht picked up Vera Melnyk and the rest of the guests, but the lawsuits say they were also forced to deal with "violent bouts of vomiting and illness" because of "intentional and reckless conduct" by the captain. Anderson and Vera Melnyk, who lives in Barrie, Ont., are each seeking $5 million for negligence, false imprisonment and intentional infliction of emotional distress. The suits allege "the passengers were again subjected to hours of rough sailing, some having to crawl on all fours to be able to safely walk the decks of the ships" and that the captain once again ignored the charterer's request to take the boat on the west side of the archipelago. "Less mobile passengers, like Vera, were functionally prevented from moving for fear of severe physical injury," the lawsuits read. "Almost all passengers suffered violent bouts of vomiting and illness from the sailing conditions." The suits allege waters were so rough that "an improperly secured deck chair on the upper deck of the vessel crashed into the glass partition above the dining area, raining down shards of broken glass that narrowly missed the guests but caused severe emotional distress over the likelihood of being injured." The lawyer for the yacht company told CBC strong winds are common at that time of year, adding that sea swells were hitting two metres, but the boat was never in any danger. With the voyage set to end on Jan. 1, the claims allege the captain declined to allow anyone off the boat at the island of Exhuma because of rough waters, which led to another 18 hours of sailing back to Nassau on open ocean — an act of "false imprisonment" that resulted in "panic attacks, trauma and fear of death by drowning." News of the lawsuits connected to Melnyk, who has owned the Senators since 2003 and been a resident of Barbados since the 1990s, turned some of the attention away from his young team's promising end to another playoff-less campaign that culminated with a surge up the standings. Led by the likes of Brady Tkachuk, Tim Stutzle and Thomas Chabot, the future appears bright in the nation's capital. Ottawa was a double-overtime goal in Game 7 away from reaching the Cup final four years, but highlights have been few and far between since — often with Melnyk at the centre of the storm. It started ahead of Ottawa's showcase outdoor game in December 2017 when he mused the team might be forced to relocate if attendance didn't increase. With some fans furious at ownership, four billboards with the #MelnykOut hash tag went up at four locations across the city thanks to a GoFundMe campaign that raised more than $10,000 in less than a month as attendance issues persisted. In May 2018, then-Senators assistant GM Randy Lee was charged with second-degree harassment after allegedly making lewd comments and rubbing the shoulders of a 19-year-old male hotel shuttle driver in Buffalo during the NHL's pre-draft combine. He was suspended by the team in June and stepped down in August. Both the team and Lee eventually settled the lawsuit out of court. A month later, news emerged that the wife of Senators captain Erik Karlsson had filed an order of protection against the fiancee of Senators forward Mike Hoffman, alleging harassment and cyberbullying. Hoffman was traded a week later. And just prior to the Lee and Karlsson-Hoffman stories breaking, franchise icon Daniel Alfredsson was quoted by a blogger saying he hoped the team would be sold to ensure its future in Ottawa. The blogger opted to publish the quote after Alfredsson told the writer they were off the record. Prior to training camp that fall, defenceman Mark Borowiecki and Melnyk appeared in an awkward team-produced video focusing on the franchise's rebuild that went viral. With just one year left on his contract and after he didn't accept an offer for an extension over the summer, Karlsson was dealt to the San Jose Sharks for four players and two draft picks shortly thereafter. A report then emerged in November 2018 about a video from an Uber vehicle featuring seven Senators players discussing their ineffective systems and mocking assistant coach Martin Raymond. Despite all the drama, fans were still buoyed by the fact the team was working toward securing a downtown arena to replace Canadian Tire Centre, which is located in suburban Kanata, far from city's core. But that deal to redevelop the Lebreton Flats site fell through as Melnyk and his former partners on the project started suing each other. Since then, Melnyk has been involved in more lawsuits, including separate claims involving his private jet and a Connecticut casino. The team has also burned through a number of high-ranking executives since Cyril Leeder, a member of the organization since 1992, was abruptly fired in January 2017. -With files from National Hockey Writer Joshua Clipperton in Toronto The Canadian Press
NEW YORK (AP) _ Actinium Pharmaceuticals Inc. (ATNM) on Friday reported a loss of $5.3 million in its first quarter. The New York-based company said it had a loss of 29 cents per share. The cancer drug developer posted revenue of $622,000 in the period. Actinium shares have dropped 9% since the beginning of the year. In the final minutes of trading on Friday, shares hit $7.09, an increase of 31% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATNM at https://www.zacks.com/ap/ATNM The Associated Press
Jackson Palmer helped create the cryptocurrency as a joke in 2013
CHICAGO (Reuters) -Walmart said on Friday that fully vaccinated employees will not need to wear a mask at work starting Tuesday, following the latest guidance from the U.S. Centers for Disease Control and Prevention. The world's largest retailer said in an internal memo to U.S. stores, Sam’s Clubs and supply chain facilities that unvaccinated workers must still wear face coverings. Vaccinated customers and Sam's Club members will be allowed to shop without a mask starting Friday.
OTTAWA, Ill., May 14, 2021 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), today announced that the Bank has submitted an application to the Illinois Department of Financial and Professional Regulation to convert its charter from a federally-chartered savings bank to an Illinois-chartered commercial bank. Craig Hepner, President and Chief Executive Officer of Ottawa Bancorp, Inc., commented, “Ottawa Savings Bank has had considerable success as a federally chartered savings bank. Our Board of Directors has determined, however, that converting to an Illinois-chartered commercial bank best positions the Bank to compete in the markets we serve and to further execute our business strategy. The conversion will position us to increase our commercial loan portfolio, and we believe that the well-qualified lending team that we have assembled over the last several years is well-positioned to help us execute this strategy. From our customers’ perspective, we will be better able to serve their expanding lending needs which reflect the evolving profile of the communities we serve. While increasing our operational flexibility, the conversion will not affect the terms and conditions of our customers’ deposit accounts or loans. The added advantage of converting to an Illinois-state chartered bank is that we expect to reduce the expense of annual regulatory overnight, as it is less expensive to operate as an Illinois-chartered institution than it is to be regulated by the OCC.” Mr. Hepner continued, “We are also excited to announce that consistent with these anticipated changes to our charter, and to better reflect the breadth of the communities we serve, we plan to change the name “Ottawa Savings Bank” to “OSB Community Bank” in connection the charter conversion. We are very proud of our Ottawa Savings Bank heritage. While we feel that the next chapter of the Bank’s history should operate under a moniker that reflects the broadening communities we serve, we want to maintain a linkage to our heritage. We will make every effort to make the next 150 years of the Bank’s life, operating as OSB Community Bank, even more successful than our first 150 years of operation.” Subject to receiving the necessary regulatory approvals, the charter conversion is expected to be completed in third quarter of 2021. As a result of the charter conversion, the Illinois Department of Financial and Professional Regulation and the Federal Deposit Insurance Corporation will become the Bank’s primary regulators. The Federal Reserve Board will continue to be the primary banking regulator for Ottawa Bancorp, Inc., which will file an application with the Federal Reserve Board to become a bank holding company at the effective time of the charter conversion. About Ottawa Bancorp, Inc. Ottawa Bancorp, Inc. is the holding company for Ottawa Savings Bank, FSB which provides various financial services to individual and corporate customers in the United States. The Bank offers various deposit accounts, including checking, money market, regular savings, club savings, certificates of deposit, and various retirement accounts. Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit. Ottawa Savings Bank, FSB was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about the Company and the Bank, please visit www.ottawasavings.com. Cautionary Statement Regarding Forward-Looking Statements This news release contains forward-looking statements within the meaning of the federal securities laws. Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results. These forward-looking statements, identified by words such as “will,” “expected,” “believe,” and “prospects,” involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. These risks and uncertainties involve general economic trends and changes in interest rates, increased competition, changes in consumer demand for financial services, the possibility of unforeseen events affecting the industry generally, the uncertainties associated with newly developed or acquired operations, market disruptions and the potential effects of the COVID-19 pandemic on the local and national economic environment, on our customers and on our operations as well as any changes to federal, state and local government laws, regulations and orders in connection with the pandemic. Ottawa Bancorp, Inc. undertakes no obligation to release revisions to these forward-looking statements publicly to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required to be reported under applicable rules and regulations. CONTACT: Contact: Craig Hepner President & Chief Executive Officer (815) 366-5437
One of the owners of Casino Taxi says the COVID-19 exposure in the Halifax company's taxi fleet isn't as broad as indicated in a public health notice sent out late Thursday. Angie Herman said Friday that health officials intend to amend the notice, which indicated the entire fleet was affected, rather than a single driver in a single vehicle. "As soon as [the driver] wasn't feeling well, he stopped working and he informed us and he got a test and he found out that he tested positive," Herman said. She said there were 29 possible exposures in the one taxi, and the company provided Public Health with the contact names and numbers of all passengers. But Herman said the public exposure notice issued Thursday made things seem much more serious. 'Small, specific group' "We've had many calls from worried, concerned people that they might be impacted by this, when the fact is it was a very small, specific group of people of which we provided very specific contact information," Herman said. Herman said she spoke with a Public Health official Friday afternoon who agreed the exposure notice was too broad, and promised it would be corrected. Nova Scotia Health did not immediately respond to a CBC News request for comment Friday afternoon. This was the first potential COVID-19 exposure in Halifax involving a taxi. Herman said her company has completed more than 1.5 million safe trips since the start of the pandemic. She said that as an essential service, she's in touch with Public Health officials nearly daily, and she thinks they are doing an excellent job managing the pandemic. "I'm not angry at Public Health. I think they're working really hard. And I think that they are running really fast," she said. Herman believes the wide warning was given in an attempt to protect the driver's privacy. "If they said, 'Anybody who travelled in this taxi driver's car,' and they named the roof flight, they would be sharing publicly that this individual had got COVID, which is clearly not going to be acceptable," she said. MORE TOP STORIES