Share to Twitter Share to Linkedin WuXi STA, a contract research, development, and manufacturing service provider to the pharmaceutical industry, has broken ground on a 190-acre pharmaceutical manufacturing campus in Middletown, Delaware, the company said on Tuesday. First announced in June 2021, the site is WuXi STA's second facility in the United States. WuXi STA is subsidiary of Hong Kong- and Shanghai-listed WuXi AppTec, which is led by Chinese-American billionaire Ge Li. WuXi AppTec is headquartered in Shanghai. The new facility will create approximately 500 full-time jobs by 2026, the company said in a statement. The investment amount wasn’t disclosed. WuXi STA has a total of 12 sites across the U.S., Europe and Asia. The investment comes amid heightened geopolitical strains between Washington and Beijing over the recent visit of U.S. House of Representative Speaker Nancy Pelosi to Taiwan. The U.S. and China are nevertheless two of the world’s … [Read more...] about Shanghai-Based Pharma Business Breaks Ground On Delaware Facility
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Going Back to School with Stock Market Fundamentals
Make that four weeks in a row of gains for the U.S. stock market, as the rally has become undeniable. The S&P 500 and the Nasdaq both climbed more than 3% last week, with the the Dow up 2.9%. The S&P 500 has now climbed 15% from its lows in mid-June, while the Nasdaq has clawed back 20% since then. That could technically be described as a new bull market for the index. A 20% retracement from a recent low fits the bill—or the bull—but there are a lot of opinions about that. But we can't deny the strength of the rally, especially when we dig into the charts. The average stock in the Nasdaq Composite index is up 34% from its lows. Remember, just a few months ago, we were talking about the average Nasdaq stock being down 50% from its highs. The pendulum has swung back in a big way. Across the market, the breadth thrust has been pretty impressive. And no, that's not a swimming stroke. The breath trust indicator is a technical indicator used to ascertain market momentum … [Read more...] about Going Back to School with Stock Market Fundamentals
Mayor bares issues vs closed QC school
Quezon City Mayor Joy Belmonte —INQUIRER FILE PHOTO Even before it shut down for good a few days ago, the property of Colegio de San Lorenzo (CDSL) was about to be sold, and violations, such as the school’s lack of building permit, were already up for investigation, Quezon City Mayor Joy Belmonte disclosed on Thursday. According to Belmonte, CDSL owners approached the local government of Quezon City manifesting their intention to sell the school property, but she told the owners to come up with a proposal. “Now, I just learned that the school was sold but the sale wasn’t fully completed,” Belmonte said in an interview with One News PH. “My question is why did they decide to continue with this school year if they decided to sell the school property?” She did not elaborate on CDSL’s sale and has yet to respond to the Inquirer’s queries. READ: Colegio de San Lorenzo did not inform DepEd of intent to close Legal liability The legal liability concerning its closure and … [Read more...] about Mayor bares issues vs closed QC school
DSWD: Some Abra schools still serve as evacuation sites after quake
UNSAFE The building of Dugong Elementary School in Bucay, Abra, shows cracks, and its columns and beams are shattered after the magnitude 7 earthquake that hit the province on July 27, 2022. An inspection by local authorities on August 11 shows the school is not safe for occupancy. —PHOTO FROM DUGONG ELEMENTARY SCHOOL FACEBOOK BAGUIO CITY — Four Abra schools were still serving as evacuation centers just days before the opening of the new school year on August 22, an official of the Department of Social Welfare and Development (DSWD) said on Wednesday. Among these was Supo National High School, which currently housed 21 families, or 58 individuals, from Barangay Supo in Abra’s Tubo town, said Enrique Gascon Jr., the DSWD assistant director for the Cordillera, at a press briefing on Wednesday. Post-quake assessment Gascon said the displaced residents live in an “unsafe” area in their village, citing a post-quake assessment by the Mines and Geosciences Bureau and the Philippine … [Read more...] about DSWD: Some Abra schools still serve as evacuation sites after quake
4 Ways Companies Can Support Working Parents Juggling Back To School (During COVID-19, Again!)
Share to Twitter Share to Linkedin If you’ve ever run a race (competitively or casually to raise money for a good cause), you’ve experienced the solace that comes with knowing the finish line is just around the corner. It’s this idea of a pandemic finish line that has kept many of us going for the last two-plus years, even when we thought we had zero reserves left in us. But Covid-19 is not like a regular race. This finish line keeps moving. And parents in the workforce are feeling like every step forward leads to two (or twenty) steps back. A 2022 Maven Clinic survey showed that 70% of employers have seen higher rates of attrition among working parents due to Covid-19. They also found that unsupported employees feel less loyal to their employer. As it stands, we’re in yet another wave of high Covid cases, not to mention new fears of monkeypox spreading in schools. Instead of that return-to-normal fairytale we’ve been telling ourselves at night so we can … [Read more...] about 4 Ways Companies Can Support Working Parents Juggling Back To School (During COVID-19, Again!)
Secret Service Agent Who Performed Ignored Threat Assessment Of Stoneman Douglas School Reveals Himself
The retired secret service agent who performed a threat assessment of Marjory Stoneman Douglas High School that was ignored prior the deadly shooting last February revealed himself in an interview to The Sun-Sentinel Friday. Steve Wexler, a former secret service agent whose own daughters previously attended Stoneman Douglas in years past, was asked by the school officials to perform a threat assessment back in late 2017 The Daily Caller first reported back in April. (RELATED: Parkland Teacher: School Ignored Suggestions After 2017 Threat Assessment Of Campus) Wexler, according to a Stoneman Douglas teacher, “Came in. He parked in the front of the school for 20 minutes. He was never approached by anyone. He gained entry to the campus never being stopped by anyone at any time and put post-its on 21 random people.” Each person that Wexler put a post-it note on represented a casualty by a perpetrator who potentially could have gained access to the campus. The agent ran out … [Read more...] about Secret Service Agent Who Performed Ignored Threat Assessment Of Stoneman Douglas School Reveals Himself
NYTimes Can’t Make Up Its Mind Over NYC School Integration Proposal
The New York Times editorial board contradicted itself in a Sunday article about New York City mayor Bill de Blasio’s proposal to better integrate students into eight specialized high schools. Titled “ It’s Time to Integrate New York’s Best Schools,” the article addresses de Blasio’s idea to replace the required admissions test — which disproportionately hinders black and Latino students from selection — with a better system that would focus more on middle school grades and state exam performance, criteria more promising for minorities. The Times at first says the mayor is taking an “important step” and that his “plan is far from radical,” citing the University of Texas’ similar approach. Several positive statistics are listed: Students from hundreds of middle schools would see new offers to attend the elite high schools, and black/Latino representation would rise from 10.4 of specialized high school students to 45 percent. But in a near 180 degree turn, the editorial board … [Read more...] about NYTimes Can’t Make Up Its Mind Over NYC School Integration Proposal
School Cancels ‘Aladdin Jr.’ Play Over Its ‘Negative Stereotyping Of Arabic Culture’
A school in Baltimore County, Maryland, has decided to cancel its upcoming production of Disney’s “Aladdin Jr.” due to the play’s “negative stereotyping of Arabic culture.” The Westowne Elementary had already held auditions for the play and started rehearsal for next year’s show when the school announced that the play has been scrapped, stating that it “is not the best fit for our Westowne community,” according to WBAL-TV channel 11 Tuesday. (RELATED: California High School Told They Have To Change Their Arab Mascot) WATCH: “Recently, it has been brought to our attention that Disney’s Aladdin Jr. has historically been criticized for its inaccurate, negative stereotyping of Arabic culture,” a statement to drama club parents from the school’s principal, J. Palmer Wilker, read. “Here at Westowne, we want to cultivate students who have a strong self-image, appreciation, and respect for other cultures. It is important that we make choices that resist negative stereotypes, … [Read more...] about School Cancels ‘Aladdin Jr.’ Play Over Its ‘Negative Stereotyping Of Arabic Culture’
Watch: Panic as China Ikea store goes into lockdown due to COVID-19
A close contact of a COVID-19 patient had been traced back to the Ikea store in Shanghai. (Image credit: @fangshimin/Twitter) An Ikea store in China's Shanghai city was put on lockdown on Saturday after a contact of a COVID-19 patient was traced back there, CNN reported. Chaotic scenes unfolded as the customers inside tried to flee before the store's doors closed. Footage on social media showed shoppers running towards exits. At one point, a huge crowd pushed through an exit door despite the security staff's efforts to restrain them. 上海徐汇宜家要禁止出入配合流行病学调查,吓得顾客赶快逃亡。在病毒被消灭之前不要在中国逛商场,切记。 pic.twitter.com/dAWbpbln7v — 方舟子 (@fangshimin) August 14, 2022 Close COVID-19 Vaccine Frequently Asked Questions View more How does a vaccine work? A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an … [Read more...] about Watch: Panic as China Ikea store goes into lockdown due to COVID-19
Geely doubles down on EVs, exports after disappointing earnings
- A + A (Aug 18): Chinese carmaker Geely Automobile Holdings Ltd plans to double down on its efforts to boost the sale of electric vehicles (EVs) as well as bolster exports as it seeks to recover from disappointing first-half earnings that were pummelled by Covid-19 lockdowns and supply chain snarls. The shipments of new-energy vehicles will account for more than 30% of the overall sales by the end of this year and continue the upward trend in 2023, company's group chief executive Gan Jiayue said in a media briefing on Thursday. The Hangzhou-based automaker will also focus on stepping up its exports, especially in Europe, Middle East, Asia Pacific, and Latin America, Gan said. Geely saw its exports surge by 64% in the latest half-yearly earnings reported earlier in the day, well above the industry average of 50%, he said. The renewed thrust toward what Geely deems its growth engines comes after the company posted a disappointing first-half profit. Net income … [Read more...] about Geely doubles down on EVs, exports after disappointing earnings