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Meta's Community Notes program is promising, but needs to prioritize transparency
TechXplore· 2025-05-20 17:41
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain Meta, the parent company of Facebook, Instagram and WhatsApp, has more than 3.35 billion combined monthly active users. Recently, Meta has changed its approach to fact-checking in response to criticisms of its role in circulating fake news and disinformation. The company frames its Community Not ...
LOWE'S TURNS SQUARE FEET INTO A MEASURABLE FORCE FOR GOOD
Prnewswire· 2025-05-15 11:55
"At the heart of our company are 300,000 associates who proudly wear the red vest to help our customers and communities. Our associates never shy away from rolling up their sleeves and digging in to help," said Marvin Ellison, Lowe's chairman and CEO. "When helping others is in your DNA, you just show up. That's exactly who we are and who we will always be." Lowe's 10 million square feet of impact promise will measure all the ways the company helps each year, tracking its force for good foot by foot, from b ...
Texas Capital Foundation Awards $250,000 to Texas Nonprofits
Globenewswire· 2025-05-14 13:00
Annual Honors Award program celebrates four organizations that are building a stronger TexasDALLAS, May 14, 2025 (GLOBE NEWSWIRE) -- Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital, today announced the recipients of its 2025 Honors Awards. Launched in 2022, the Honors Awards are a signature initiative of the Texas Capital Foundation, awarding $250,000 in total annually to four organizations dedicated to addressing community needs across the state. “We are proud to honor fo ...
CVS Health celebrates reopening of Hendersonville store destroyed by Hurricane Helene
Prnewswire· 2025-05-12 18:00
Core Points - CVS Health has reopened its South Main Street pharmacy in Hendersonville after being severely damaged by Hurricane Helene in September 2024, marking a significant milestone for the community [1][2][4] - The store features an expanded pharmacy, private consultation and vaccination area, improved in-store delivery pickup area, and updated layout, enhancing the customer experience [6] - CVS Health has committed over $1.5 million in support for communities affected by Hurricane Helene through grants and product donations [7] Company Overview - As of December 31, 2024, CVS Health operates more than 9,000 retail pharmacy locations and over 1,000 walk-in and primary care medical clinics, serving approximately 90 million pharmacy benefits plan members [9][10] - The company provides health insurance products and services, including Medicare Advantage offerings and a standalone Medicare Part D prescription drug plan, aiming to improve access to quality care and lower overall costs [10]
CGTN:How do stable China-Russia ties contribute to a turbulent world?
Globenewswire· 2025-05-09 03:55
BEIJING, May 08, 2025 (GLOBE NEWSWIRE) -- A natural gas pipeline that stretches 3,000 kilometers in Russia and 5,111 km in China commenced operations in December last year, benefiting about 450 million people along its route. The China-Russia east-route natural gas pipeline is a landmark project of energy cooperation between the two countries, yet ties between the two neighboring nations go far beyond that. In 2024, bilateral trade rose to $244.8 billion, making China the largest trading partner of Russia f ...
Webuy Global Ltd. (Nasdaq: WBUY) Reinstated Listing on Nasdaq Capital Market and Returns to Profitability with Strong First Quarter Growth in Travel
GlobeNewswire News Room· 2025-05-08 10:30
Singapore, May 08, 2025 (GLOBE NEWSWIRE) -- Webuy Global Ltd. (Nasdaq: WBUY), a forward-thinking, technology-driven e-commerce and travel platform in Southeast Asia, today announced that the Company has been successfully reinstated on the Nasdaq Capital Market (“Nasdaq”), effective May 8, 2025. The relisting follows confirmation from Nasdaq that the Company has regained compliance with the minimum bid price requirement under Rule 5550(a)(2). Webuy’s return to Nasdaq  is a pivotal milestone in its broader tu ...
First National Bank Alaska announces unaudited results for first quarter 2025
Globenewswire· 2025-05-08 02:08
Core Insights - First National Bank Alaska reported a net income of $17.7 million for Q1 2025, an increase from $13.5 million in Q1 2024, translating to earnings per share of $5.60 compared to $4.26 in the previous year [1][2]. Financial Performance - Total loans reached $2.6 billion as of March 31, 2025, marking an increase of $137.1 million from Q1 2025 and $237.8 million from Q1 2024. Nonperforming loans were $4.2 million, representing 0.16% of outstanding loans, a slight improvement from 0.17% at the end of 2024 [2][13]. - Total interest and loan fee income for Q1 2025 was $56.0 million, down 5.9% from $59.5 million in Q1 2024. However, interest income to average earning assets increased to 4.61% from 4.28% year-over-year [3][6]. - Total assets were $4.9 billion as of March 31, 2025, a decrease of $322.9 million primarily due to repayments under the Federal Reserve Bank Term Funding Program [4]. - Deposits and repurchase agreements totaled $4.3 billion, showing a slight increase from $4.2 billion in Q1 2024 [5]. - Noninterest income rose to $6.8 million, a 3.5% increase compared to Q1 2024, with improvements noted in fiduciary, mortgage loan servicing, and bankcard activities [7]. Efficiency and Capital - The efficiency ratio improved to 49.70%, outperforming peer groups both in Alaska and nationally [7]. - Shareholders' equity increased to $535.1 million as of March 31, 2025, up from $516.6 million at the end of 2024, with a return on equity of 13.49% [8]. - The bank's Tier 1 leverage capital ratio stood at 11.72%, remaining above well-capitalized standards [8]. Recognition and Community Engagement - First National Bank Alaska was recognized as the sixth best bank on Forbes' America's Best Banks list in 2025 and received multiple accolades for being a top workplace and providing excellent customer service [10][11].
Tejon Ranch (TRC) FY Conference Transcript
2025-05-06 16:00
Tejon Ranch Company (TRC) FY Conference Summary Company Overview - Tejon Ranch Company operates on a single property of 270,000 acres, focusing on extracting value from this unique asset [7][8] - The company is not a REIT but has a diversified business model that includes land development, agriculture, and industrial operations [7][18] Key Industry Insights - California's regulatory environment presents high barriers to entry for new master plan communities, creating scarcity and driving value [9][12] - The state faces a chronic housing shortage of 2.5 million homes, leading to sustained demand for the planned 35,000 homes by Tejon Ranch [12][15] - The company is strategically located to benefit from population migration trends in Southern California and the Southern San Joaquin Valley [10][11] Growth Drivers 1. **Population Migration**: There is a significant movement from Central Los Angeles to suburban areas, which Tejon Ranch is positioned to capture [10][12] 2. **Housing Shortage**: The lack of new homes in California is driving prices higher, creating demand for new developments [12][15] 3. **Industrial Demand**: The growth of e-commerce and the need for industrial space have led to the development of 7 million square feet of industrial space at the Tejon Ranch Commerce Center (TRCC) [14][15] Business Model and Strategy - The company operates through three main segments: 1. **Land Company**: High-margin, low-cost fee streams from agricultural and land leases [24][25] 2. **REIT Operations**: Stable cash flows from industrial, retail, and multifamily developments [18][24] 3. **Master Planned Community Development**: Converting unentitled land into valuable residential and commercial properties [25][30] - The company has created significant value through its entitlement and development processes, potentially increasing land value by 25 to 100 times [25][26] Financial Performance - Cumulative cash flow from commercial and industrial development at TRCC has exceeded $110 million, with industrial land prices increasing nearly 1500% over 25 years [26][30] - Current industrial land prices range from $25,000 to $400,000 per acre, reflecting substantial appreciation [26][30] Challenges and Risks - The company is currently facing a contested election with a short-term shareholder trying to disrupt its long-term growth strategy [39][40] - Navigating California's complex land use entitlement process remains a significant challenge, but the company has established strong local support [51][52] Future Outlook - Tejon Ranch is focused on leveraging its strategic location and existing entitlements to drive long-term growth [36][42] - The company aims to capitalize on the interconnectedness of its various business segments to create a sustainable ecosystem for growth [15][19] Conclusion - Tejon Ranch Company is well-positioned to benefit from macroeconomic trends in California, including population migration and housing shortages, while navigating the complexities of the regulatory environment to unlock significant value from its land assets [36][42]
Getty Images Awards $20,000 to Global Storytellers Reshaping Disability Representation
Globenewswire· 2025-05-06 12:58
Core Insights - Getty Images, in partnership with the National Disability Leadership Alliance, announced a $20,000 creative grant to enhance authentic representation of the disability community in professional settings [1][10] - Research indicates that 71% of global consumers desire to see people with disabilities in everyday social and professional contexts, yet 75% of visuals currently depict them mainly in healthcare settings, presenting an opportunity for broader representation [2] Grant Recipients - First Place: Elizabeth Rajchart, whose project 'Scene Change: Disability in Media' focuses on inclusive fashion and leadership, challenging stereotypes through her photography [3] - Second Place: Nasreen Alkhateeb, an award-winning cinematographer, plans to create a visual archive for her project 'Reframing Us', which aims to redefine professional success through a disability-led perspective [6] - Third Place: Charmaine Chitate, a Zimbabwe-based photographer, will explore inclusion and exclusion in professional life through her project 'unaltered.unfiltered' [8] Historical Context - This initiative builds on The Disability Collection launched in 2018, aimed at authentically representing people with disabilities in media [10] - Getty Images' grants program, established in 2004, has awarded over $2.6 million to support underrepresented voices and important narratives [10]
加装电梯后,高层住户后悔了,房子没增值,还迎来3个新问题
Sou Hu Cai Jing· 2025-05-05 10:23
楼市的这轮调整,最受打击的无疑是那些硬伤显著的房产。 1. 建筑安全隐患 ①远离城市核心区的"新区" 随着楼市的降温,曾经被宣传为未来发展的新城区和配套设施建设,已经开始面临停滞或放缓的局面。没有了政策的扶持,原本被看好的新区逐渐变得冷 清,甚至有些郊区荒芜到令人不寒而栗。住在这些地方,生活变得异常困难,吃个饭、买个生活用品都成了问题。尤其是到了晚上,许多小区的亮灯率低得 惊人,仿佛进入了一座废弃的城市,那种阴沉的氛围,让人不禁感到毛骨悚然。 ②房龄超20年的老小区 房龄超过20年的老小区无疑是楼市中的"硬伤"代表。正如人随着年龄增长会出现各种健康问题,老旧小区也面临着各式各样的困境。小区内绿化和道路的破 损,户型设计的过时,水电网络频繁出现故障,几乎家家户户都面临漏水或者漏电的困扰,给住户的生活带来了极大的不便。尤其是没有电梯的楼房,底层 住户虽然可以忍受爬楼的困扰,但住得高的住户则面临着极大的挑战,尤其是老人和孩子,爬楼的风险增加了摔跤等安全隐患。 这些老旧小区随着缺陷的愈加突出,其市场价格自然不断下降。在上海等大城市,尽管二手房市场有所回升,但"老破小"和"老破大"依然是降价的主力军。 比如一套原本10 ...