Share to Twitter Share to Linkedin T hree people were injured in a shooting in the parking lot at a Six Flags Great America amusement park in Gurnee, Illinois, roughly 45 miles from Chicago, on Sunday evening. None of the victims died and none of their injuries are life-threatening, according to authorities. Gurnee, Illinois, is a popular family destination in the Chicago area, as the home of of the Six Flags amusement park, as well as a Great Wolf Lodge and Gurnee Mills. The Gurnee Police Department said in a statement on Facebook that the department received 911 calls around 7:50 p.m. for shots fired outside the theme park, which closes at 8 p.m. “Gurnee Police Officers immediately responded to the area and learned the suspect vehicle fled the scene,” said the release. “The shooting this evening was not a random act, and appeared to be a targeted incident that occurred outside the park. This was not an active shooter incident inside the park,” … [Read more...] about 3 Injured In Drive-By Shooting At Six Flags Theme Park
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Three people injured in shooting outside Six Flags theme park in Illinois
People walk towards emergency vehicles after a shooting at the Six Flags Great America amusement park in Gurnee, Illinois, U.S., August 14, 2022, in this screengrab obtained from a social media video. Jack/via REUTERS Three people were injured following gunfire outside the Six Flags theme park in Gurnee, Illinois on Sunday, the Gurnee Police Department said. Two victims were transported to the area medical center with non-life-threatening injuries after the shooting at the theme park, while the third victim declined transport to the hospital, the police department said in a statement. “The shooting this evening was not a random act, and appeared to be a targeted incident that occurred outside the park,” the statement said. Based on the initial investigation, police said suspects in a white sedan entered the Six Flags parking lot, exited the vehicle and began shooting toward another individual, and then got back in the vehicle and quickly left the area. People crouch … [Read more...] about Three people injured in shooting outside Six Flags theme park in Illinois
Billionaire behind big nickel short plans to sell steel assets
State-controlled Baowu, the world’s biggest crude steel producer, is likely to acquire controlling stakes in some integrated production lines owned by Tsingshan at Indonesia Morowali Industrial Park in Central Sulawesi province, the people familiar with the negotiations said. - A + A (Aug 15): Tsingshan Holding Group Co, the nickel giant owned by billionaire Xiang Guangda, is in advanced talks to sell some of its stainless-steel assets in Indonesia to China Baowu Steel Group Corp as part of a strategic review, according to people familiar with the negotiations. State-controlled Baowu, the world’s biggest crude steel producer, is likely to acquire controlling stakes in some integrated production lines owned by Tsingshan at Indonesia Morowali Industrial Park in Central Sulawesi province, the people said, asking not to be identified discussing confidential information. The talks started in April, and the assets for sale include production plants of stainless steel … [Read more...] about Billionaire behind big nickel short plans to sell steel assets
Bursa: Tech valuation ‘compressed’ as stocks rebound on bargain-hunting
- A + A KUALA LUMPUR (Aug 15): Bursa Malaysia said on Monday (Aug 15) its Technology index's forward price-to-earnings ratio (PER) has "compressed" or fallen to 22.9 times currently from slightly above 30 times at the start of 2022 as share prices of the Technology index's constituents rebounded on bargain-hunting. Analysts at Bursa's research arm Bursa Digital Research wrote in a note that the index's current PER of 22.9 times values the 42-stock Technology gauge at around its five-year average forward PER but at the top end of its pre-Covid-19 pandemic PER valuation band. "The [Technology index] has rebounded slightly over 16% in the last three weeks, off its July low, its lowest level since October 2020. The rebound is broad-based as it saw 37 out of the 42 index's component stocks advancing off from their July lows. "Granted that sector valuations are merely a gross filter in screening for investment opportunities as they do not provide insights into the … [Read more...] about Bursa: Tech valuation ‘compressed’ as stocks rebound on bargain-hunting
Hartalega slips under RM2, Kossan falls below RM1
- A + A KUALA LUMPUR (Aug 15): Hartalega Holdings Bhd slipped below RM2 on Monday (Aug 15) after falling as much as 15 sen or 7.5% to RM1.85 while rival glove maker Kossan Rubber Industries Bhd fell past RM1 to its intraday low at 97 sen as investors evaluated the post-Covid-19 business outlook for rubber glove makers that registered a jump in sales during the crucial phase of the outbreak, which started in early 2020. Hartalega, which ended the day at RM1.86 — down 67.54% year-to-date (YTD) — saw 50.57 million shares exchanged hands, ranking the stock at seventh among Bursa Malaysia’s top actives. The counter was also fourth on Bursa’s top losers list. Last Tuesday (Aug 9), Hartalega saw its net profit for the first quarter ended June 30, 2022 (1QFY23) slumped to RM88.28 million from RM2.26 billion a year earlier as the rubber glove manufacturer's revenue dropped significantly as average selling price (ASP) and sales volume of gloves declined after rising to a … [Read more...] about Hartalega slips under RM2, Kossan falls below RM1
Editor Daily Rundown: Will Americans Face The Dollar’s Demise?
THE DOLLAR’S DEMISE? … WSJ : Saudi Arabia Considers Accepting Yuan Instead of Dollars for Chinese Oil Sales Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a move that would dent the U.S. dollar’s dominance of the global petroleum market and mark another shift by the world’s top crude exporter toward Asia. The talks with China over yuan-priced oil contracts have been off and on for six years but have accelerated this year as the Saudis have grown increasingly unhappy with decades-old U.S. security commitments to defend the kingdom, the people said. The Saudis are angry over the U.S.’s lack of support for their intervention in the Yemen civil war, and over the Biden administration’s attempt to strike a deal with Iran over its nuclear program. Saudi officials have said they were shocked by the precipitous U.S. withdrawal from Afghanistan last year. EXAMINER : In blow to Biden, Saudi … [Read more...] about Editor Daily Rundown: Will Americans Face The Dollar’s Demise?
Updated 2023 Hyundai Palisade Leads Hyundai’s SUV Strategy
Share to Twitter Share to Linkedin Hyundai has found success in electric vehicles in recent years, which now make up 14 percent of the brand’s U.S. sales in a market where EV share is around 4 percent. But the automaker’s real success story is found in its SUV product line, which included just two models 5 years ago. Now the company offers seven SUVs, and those models deliver 77 percent of Hyundai’s U.S. sales volume (versus 46 percent in 2018). These models are the driving force behind Hyundai’s growing U.S. market share, which now sits at 5 percent and continues to rise. Hyundai’s expanded SUV strategy was well under way when the company introduced its three-row Palisade SUV in 2019 as a 2020 model. The Palisade was quickly embraced by consumers, with high satisfaction scores and 70% of Palisade sales ringing in above $45,000 — confirming most buyers are going for the higher trim, highly equipped models. Its 291 horsepower V6, refined driving dynamics, and … [Read more...] about Updated 2023 Hyundai Palisade Leads Hyundai’s SUV Strategy
Thailand urged to shun single-use plastic
by Pratch Rujuvanarom Thailand’s environmental experts are urging people to make small changes in their lifestyle to help tackle the huge plastic waste menace. They say it’s important for people to make small changes in their daily lives in order to cut down on the huge amount of plastic waste being generated. Thailand faces critical problems caused by plastic pollution. The country produces more than 2 million tonnes of plastic waste per year and ranks sixth among countries with the largest amount of mismanaged plastic waste. Public officials from the public sector and academics pointed out on Thai Environment Day yesterday that the problem of plastic pollution can be solved through behaviour adjustment and active participation by everyone, along with the proper policy support from the authorities. Yesterday’s commitment by retail outlets to reduce or eliminate the use of plastic bags was, mostly, a failure with few stores getting behind the one-day initiative. But there … [Read more...] about Thailand urged to shun single-use plastic
Thailand No.1 Country in the World For a Wellness Retreat
(CTN News) – New research reveals Thailand to be the best wellness retreat destination in the world. Our experts used TripAdvisor to research which countries have the best resort hotels , wellness, and spa activities, as well as the keywords in the reviews. Thailand scored 9.5/10 as the best destination for a wellness retreat. Often referred to as the spa capital of Asia, Thailand is home to some of the most therapeutic and luxurious retreats in the world. A wellness retreat score of 8.5/10 was recorded in Indonesia, and a wellness retreat score of 8.5/10 was also recorded in the Maldives. There is a high percentage of wellness and spa activities in the Maldives, known for its tranquil, white-sand beaches and marine life. The Top 10 Best Countries For a Wellness Retreat Additionally, the study examined countries with the highest-rated wellness activities. Top 10 Countries With the Highest rated Wellness Activities There are 29 spa and … [Read more...] about Thailand No.1 Country in the World For a Wellness Retreat