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University Heights’ finances looking better after city takes in additional $461,000 in CARES Act money

October 11, 2020
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| money

UNIVERSITY HEIGHTS, Ohio — Although it is uncertain what lies ahead, the city’s finances are looking a lot better these days after University Heights recently received an additional $461,000 in federal CARES Act money to help it deal with COVID-related expenses.

Gov. Mike DeWine, by signing into law House Bill 614 Oct. 1 allowed for the distribution of an additional $650 million to local governments across Ohio, bringing the total of money distributed to Ohio governments to $1.2 billion. The added $461,000 means that University Heights has now received just over $1.1 million in relief money.

“At first, we didn’t know if we’d get any (CARES Act) money,” said Mayor Michael Dylan Brennan. But, now that the city has been granted the money, Brennan, in his report at the start of Monday’s (Oct. 5) City Council meeting, told of how the aid has significantly closed the gap on what

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Rising job opportunities for White working-class men could point to additional Trump support

October 9, 2020
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| business

Following decades of declining job prospects, White men without a college education have seen employment opportunities rise, which has the potential to influence their ballot choices this election cycle.

Since 2016, this group has benefited from positive labor market trends, which continue in many cases despite a deep U.S. economic recession that began in February, William Emmons, assistant vice president and lead economist with the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, told Fox News.

Between 1989 and 2016, the number of White working-class families declined, along with their share of income and wealth. That change was unique among the major socioeconomic groups.

“Going back 30 years, 50 years, especially men, but White people without college degrees were sort of the core—the backbone of the economy,” Emmons said, adding that the demographic more recently became the “definition” of a marginal, vulnerable group as job

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Fairfield’s finance board approves additional $300K grant for wastewater treatment project

October 8, 2020
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| finance

FAIRFIELD — The town is one step closer to accepting an additional $300,000 for the wastewater treatment plant hardening project, which aims to make the site more resistant to coastal flooding.

The Board of Finance unanimously approved a resolution to accept a Community Development Block Grant-Disaster Recovery at a recent meeting.

Town officials reached out to the state — which administers the grant for the federal government — to request more funding after contaminants were found at the plant during construction on the project, said Brian Carey, the acting director of the Public Works Department.

“The state was able to come up with additional funding for us in the amount of $300,000,” Carey said. “So, we’re just back in front of the Board of Selectmen and Board of Finance at this time to get the agreement signed so that we can acquire that (funding).”

In February, First Selectwoman Brenda Kupchick

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Benitec Biopharma Announces Closing of $11.5 Million Public Offering and Full Exercise of Underwriter’s Option to Purchase Additional Shares

October 6, 2020
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| business

HAYWARD, Calif., Oct. 6, 2020 /PRNewswire/ — Benitec Biopharma Inc. (NASDAQ: BNTC) (“Benitec” or “the Company”), a development-stage, gene therapy-focused, biotechnology company developing novel genetic medicines based on the proprietary DNA-directed RNA interference (“ddRNAi”) platform, today announced the closing of an underwritten public offering of 3,225,806 shares of its common stock (or common stock equivalents in lieu thereof) at an effective offering price of $3.10 per share of common stock. In addition, the Company also announced that the underwriter fully exercised its over-allotment option to purchase 483,870 additional shares of its common stock.


(PRNewsfoto/Benitec Biopharma Inc.)

H.C. Wainwright & Co. acted as the sole book-running manager for the offering.

The gross proceeds from this offering to the Company are approximately $11.5 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for the continued advancement

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Trump administration will not take additional money from FDNY’s 9/11 treatment program

October 2, 2020
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| money

WASHINGTON — According to a letter sent to New York lawmakers late Wednesday, the U.S. Treasury Department has agreed to stop siphoning cash away from the Fire Department’s 9/11 treatment program, but it remains unclear when or if the FDNY would get its missing money back.

The federal agency began docking payments meant to care for ill firefighters and EMTs back in 2016 in a move that was never explained to the FDNY’s World Trade Center Treatment program.

In all, FDNY Chief Medical Officer Dr. David Prezant estimates that $3.7 million that was sent to his program by the National Institute of Occupational Safety and Health simply vanished in transit.

After years of investigation, he learned the Treasury Department was taking the money, apparently to satisfy a wholly unrelated debt dispute between the city and the Centers for Medicare and Medicaid Services, or CMS.

The Treasury Department initially said it

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U.S. Insurtech Next Insurance Announces Expansion of Workers’ Compensation to 24 Additional States

September 30, 2020
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| insurance

Next Insurance, an insurtech seeking to transform small business insurance, announced on Wednesday the availability of its Workers’ Compensation offering to 24 additional states across the nation, which includes Alabama, Iowa, Louisiana, and Virginia.

“Workers’ Compensation is essential not only for high-risk jobs like those in construction where physical injuries can be more frequent, but also for relatively safer occupations where slip-and-fall accidents and strains can occur. Offering coverage that starts at just $14 per month, Next Insurance is helping to solve an often stressful and costly insurance requirement by giving business owners a seamless way to obtain an instant quote and explore their coverage options – all online.”

Next Insurance further explained that the expansion increases the company’s overall Workers’ Compensation coverage in the US to more than 50% now equipping small business owners in 30 states with affordable, hassle-free policies that protect them and their employees from financial

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Next Insurance Expands Workers’ Compensation to 24 Additional States

September 30, 2020
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| insurance

PALO ALTO, Calif., Sept. 30, 2020 /PRNewswire/ — Next Insurance, the leading digital insurtech company transforming small business insurance, today announced the availability of its Workers’ Compensation offering to 24 additional states across the nation, including Alabama, Iowa, Louisiana and Virginia (see the full list below). This expansion increases the company’s overall Workers’ Compensation coverage in the US to more than 50% now equipping small business owners in 30 states with affordable, hassle-free policies that protect them and their employees from financial harm while meeting state requirements.

Workers’ Compensation is essential not only for high-risk jobs like those in construction where physical injuries can be more frequent, but also for relatively safer occupations where slip-and-fall accidents and strains can occur. Offering coverage that starts at just $14 per month, Next Insurance is helping to solve an often stressful and costly insurance requirement by giving business owners a

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Western Sierra Resource Corp Announces the Acquisition of Significant Additional Resource Assets

September 27, 2020
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| business

STEAMBOAT SPRINGS, Colo., Sept. 08, 2020 (GLOBE NEWSWIRE) — Western Sierra Resource Corp (OTC: WSRC) (“WSRC” or the “Company”) is a resource company with a 113-year history of natural resource asset acquisition, development, conservation, and monetization.  The Company presently owns valuable water assets in Northern Colorado.  In keeping with WSRC’s goal of becoming a broad-based resource company, the Company has acquired additional natural resource assets, and is under contract to immediately purchase revenue-producing proprietary conservation technologies which demonstrate the Company’s commitment to responsibly utilize, while also conserving, natural resources to the benefit of the Company’s shareholders.  WSRC will be announcing these acquisitions over the coming weeks and months as they are completed. 

The recent upward pressure on the value of precious metals as a hedge against global currency fluctuation and devaluation has prompted WSRC to acquire 100% ownership of LWH, LLC (CO), the owner of a substantial precious

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