The Colorado River Indian Tribes celebrated the 50th annual Native American Fair and Expo. The event featured carnival rides, games, refreshments and the tribe's annual Pow-Wow.Sydenham District Councillor Conny Glenn is among 41 municipal city councillors who signed an open letter requesting the Ontario Big City Mayors (OBCM) rescind an open letter calling for the use of the notwithstanding clause, and instead explore “evidence-based solutions to homelessness.” Glenn said on Tuesday that councillors who signed the letter are concerned that using the notwithstanding clause is overreach from the provincial government, and that not all options have been exhausted to get to that point. She says at the end of the day, its not a practical route if it’s actually about helping people, and will take a lot more expense and work than is being communicated by the province or the OBCM. “Even if you use the notwithstanding clause the simple reality is that we do not have the resources available to house and treat people,” Glenn said. “This is not as simple as it’s painted out that ‘hey, we’ll just sweep everybody up and take care of it’. It doesn’t work that way.” Glenn says councillors were also concerned that the letter was sent based on the suggestion of Doug Ford. While Kingston Mayor Bryan Paterson was not a signatory of the letter from OBCM, he is a member of the group and has said he remains in support of everything the OBCM is asking for. On the same day the letter came out, the Ontario government tabled The Safer Streets, Stronger Communities Act, which takes aim at supervised consumption sites, among other changes to enforcement and road laws. The legislation would close any supervised consumption site that is within 200 metres of a school or any child care centre, and would also require municipalities to get permission from the province in order to open new sites. While the legislation doesn’t explicitly ban them in the province, it does insert itself in between municipalities and the federal government for exceptions in order to run the sites. Health Minister Sylvia Jones has also told reporters, plainly, that no more supervised consumption sites will be opened under the oversight of the Ford government. As an alternative, the provincial government will open intensive addiction recovery HART hubs, 19 of which are set to be opened in the province under a $378 million budget. Dr. Piotr Oglaza, KFL&A Public Health’s Medical Officer of Health, said the HART hubs could be an effective tool in helping to meet people where they are in their recovery journey, but that supervised consumption sites also play a significant role in the current landscape. “Harm reduction programs and services such as supervised consumption sites, safer supply programs, and needle syringe programs have demonstrated many health and social benefits,” Dr. Oglaza said in a statement. “Harm reduction is based off a set of internationally recognized, evidence-based strategies that reduce deaths and unsafe drug-use behaviours, prevent certain infectious diseases and lessen the burden on emergency departments. It is a pillar of KLF&A’s comprehensive approach, and focuses on mitigating the adverse health, social and economic consequences of substance use without requiring people to stop using substances as a precondition for support.” Dr. Oglaza also noted that the Integrated Care Hub won’t among those sites forced to close due to proximity to a school or childcare facility, however it will have to adhere to enhanced mandatory reporting requirements, transparency and safety procedures if the bill passes. Councillor Glenn said encampments and supervised consumption sites are symptoms of the problem, which still aren’t being addressed sufficiently in proposals coming from the province. “What we’re likely to see then is instead of people going to one site that’s safe for consumption, people will be out in our parks and other public places potentially doing this,” Glenn said. “If we had followed up safe consumption sites with provision of more spots for treatment, more housing for people, we would see that we were making progress, but we haven’t done that in sufficient quantity to get the headway that we actually need.” She added that until more comprehensive solutions are created for those using supervised consumption sites or living in encampments, they’re an unfortunate necessity. “I don’t want encampments, I don’t want to have to have safe consumption sites. It’s an unfortunate reality that we’re in that they exist,” Glenn said. “What I want is the proper funding for us to be able to end them and that’s not what we’re getting, and trying to force people into treatment that doesn’t exist makes no sense.”
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HE HAS NOT PAID A CENT : MUTODI SUED BY EX WIFETwo of the last standing “shotgun homes” on Fort Worth’s Historic Southside could face demolition after several fires at the properties damaged the dwellings. The two shotgun homes are located at 936 and 940 E. Oleander St., just off East Rosedale Street and Evans Avenue. At its Oct. 14 meeting, the Historic and Cultural Landmarks Commission voted that the buildings could not be reasonably rehabilitated due to the damage from the recent fires. The case was complicated by the fact that ownership of the two homes is in question. According to the city, property owner Joseph Anthony Kida died in June 2023 and ownership of the properties is still in the probate process. Kida’s daughter Evelyn Kida, the possible heir to the properties, lives in Chicago and has paid for some upkeep following the fires in late June and early July. The properties are the remaining structures from a row of seven shotgun houses on three adjoining lots. Built in 1938, the homes were typical working-class housing for that era, said Dennis Chiessa, assistant professor of architecture at the University of Texas at Arlington. “These types of buildings performed really well because they evolved from Africa to the south of the United States, New Orleans, and they provided housing, affordable housing for working-class people,” he said. Shotgun houses are characterized by their compact nature with one room lined up right after another allowing for air to circulate through the house on hot days. Usually the homes are about 12-feet wide and the length can vary, but they are typically between 300 to 600 square feet and have a gable front with a small porch. Get essential daily news for the Fort Worth area. Sign up for insightful, in-depth stories — completely free. The shotgun houses are some of the only remaining examples of this type of housing in Fort Worth, “making them increasingly significant on an architectural and cultural level,” according to a staff report on the homes. The report says that sections of shotgun housing on Hattie and Cannon streets and New York Avenue have all been demolished. Chiessa said some of the shotgun homes in the city’s downtown and Northside have been preserved and some are currently occupied. One company, Rent Historic Fort Worth, offers two refurbished shotgun homes on the Northside for rent. “What these homes provided was housing,” said Chiessa. “I think more recently we could use these for affordable housing for people that live in those again.” Bob Francis is business editor for the Fort Worth Report. Contact him at bob.francis@fortworthreport.org. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Your support makes TWICE the impact today. As November draws to a close , time is running out to double your impact. Thanks to the generosity of the Nicholas Martin Jr. Family Foundation, every dollar you give will be matched—up to $15,000. Will you give today to help trusted, local reporting thrive in Fort Worth and Tarrant County? Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Bob Francis, Fort Worth Report November 21, 2024
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Pride, bragging rights and more than $115M at stake when final college playoff rankings come outNEW YORK , Dec. 17, 2024 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is investigating potential breaches of fiduciary duties by the directors and officers of Southwest Airlines Co. (NYSE: LUV) in connection with Southwest Airlines' information technology infrastructure impacting the Company's business, operations, and stock price. If you currently own shares of Southwest Airlines stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=10716 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at case@rosenlegal.com . Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40 th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/rosen-law-firm-announces-investigation-of-breaches-of-fiduciary-duties-by-the-directors-and-officers-of-southwest-airlines-co--luv-302334153.html SOURCE THE ROSEN LAW FIRM, P. A.Charles Schwab Investment Management Inc. raised its stake in shares of S&T Bancorp, Inc. ( NASDAQ:STBA – Free Report ) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,432,510 shares of the financial services provider’s stock after purchasing an additional 43,268 shares during the period. Charles Schwab Investment Management Inc.’s holdings in S&T Bancorp were worth $60,122,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Louisiana State Employees Retirement System lifted its position in shares of S&T Bancorp by 1.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 19,200 shares of the financial services provider’s stock valued at $641,000 after buying an additional 300 shares in the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of S&T Bancorp by 2.8% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 12,103 shares of the financial services provider’s stock worth $508,000 after purchasing an additional 326 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of S&T Bancorp by 2.6% in the second quarter. The Manufacturers Life Insurance Company now owns 19,436 shares of the financial services provider’s stock worth $649,000 after purchasing an additional 498 shares during the period. GAMMA Investing LLC increased its stake in shares of S&T Bancorp by 80.8% in the third quarter. GAMMA Investing LLC now owns 1,177 shares of the financial services provider’s stock worth $49,000 after purchasing an additional 526 shares in the last quarter. Finally, HBK Sorce Advisory LLC raised its position in shares of S&T Bancorp by 4.2% during the 2nd quarter. HBK Sorce Advisory LLC now owns 14,557 shares of the financial services provider’s stock valued at $486,000 after purchasing an additional 584 shares during the period. Hedge funds and other institutional investors own 65.22% of the company’s stock. Analysts Set New Price Targets Separately, StockNews.com raised shares of S&T Bancorp from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. Insider Activity In related news, Director Frank J. Palermo, Jr. sold 4,982 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $43.21, for a total transaction of $215,272.22. Following the completion of the transaction, the director now directly owns 23,143 shares of the company’s stock, valued at approximately $1,000,009.03. This represents a 17.71 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link . Company insiders own 1.38% of the company’s stock. S&T Bancorp Stock Down 1.3 % Shares of STBA opened at $42.79 on Friday. The business’s 50 day moving average is $40.89 and its 200 day moving average is $38.49. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.08. S&T Bancorp, Inc. has a 12-month low of $27.43 and a 12-month high of $45.79. The company has a market capitalization of $1.64 billion, a PE ratio of 12.19 and a beta of 0.80. S&T Bancorp ( NASDAQ:STBA – Get Free Report ) last released its quarterly earnings data on Thursday, October 17th. The financial services provider reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.03. S&T Bancorp had a net margin of 23.69% and a return on equity of 10.25%. The firm had revenue of $96.35 million for the quarter, compared to analysts’ expectations of $98.90 million. Research analysts expect that S&T Bancorp, Inc. will post 3.36 earnings per share for the current fiscal year. S&T Bancorp Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 21st. Shareholders of record on Thursday, November 7th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 3.18%. The ex-dividend date of this dividend was Thursday, November 7th. This is an increase from S&T Bancorp’s previous quarterly dividend of $0.33. S&T Bancorp’s dividend payout ratio is 38.75%. S&T Bancorp Profile ( Free Report ) S&T Bancorp, Inc operates as the bank holding company for S&T Bank that engages in the provision of retail and commercial banking products and services. The company operates through six segments: Commercial Real Estate, Commercial and Industrial, Commercial Construction, Business Banking, Consumer Real Estate, and Other Consumer. Further Reading Want to see what other hedge funds are holding STBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for S&T Bancorp, Inc. ( NASDAQ:STBA – Free Report ). Receive News & Ratings for S&T Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for S&T Bancorp and related companies with MarketBeat.com's FREE daily email newsletter .
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