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Maryland is suing the company that produces the waterproof material Gore-Tex often used for raincoats and other outdoor gear, alleging its leaders kept using “forever chemicals” long after learning about serious health risks associated with them. The complaint, which was filed last week in federal court, focuses on a cluster of 13 facilities in northeastern Maryland operated by Delaware-based W.L. Gore & Associates. It alleges the company polluted the air and water around its facilities with per- and polyfluoroalkyl substances , jeopardizing the health of surrounding communities while raking in profits. The lawsuit adds to other claims filed in recent years, including a class action on behalf of Cecil County residents in 2023 demanding Gore foot the bill for water filtration systems, medical bills and other damages associated with decades of harmful pollution in the largely rural community. “PFAS are linked to cancer, weakened immune systems, and can even harm the ability to bear children,” Maryland Attorney General Anthony Brown said in a statement. “It is unacceptable for any company to knowingly contaminate our drinking water with these toxins, putting Marylanders at risk of severe health conditions.” Gore spokesperson Donna Leinwand Leger said the company is “surprised by the Maryland Attorney General’s decision to initiate legal action, particularly in light of our proactive and intensive engagement with state regulators over the past two years.” “We have been working with Maryland, employing the most current, reliable science and technology to assess the potential impact of our operations and guide our ongoing, collaborative efforts to protect the environment,” the company said in a statement, noting a Dec. 18 report that contains nearly two years of groundwater testing results. But attorney Philip Federico, who represents plaintiffs in the class action and other lawsuits against Gore, called the company’s efforts “too little, much too late.” In the meantime, he said, residents are continuing to suffer — one of his clients was recently diagnosed with kidney cancer. “It’s typical corporate environmental contamination,” he said. “They’re in no hurry to fix the problem.” The synthetic chemicals are especially harmful because they’re nearly indestructible and can build up in various environments, including the human body. In addition to cancers and immune system problems, exposure to certain levels of PFAS has been linked to increased cholesterol levels, reproductive health issues and developmental delays in children, according to the Environmental Protection Agency. Gore leaders failed to warn people living near its Maryland facilities about the potential impacts, hoping to protect their corporate image and avoid liability, according to the state’s lawsuit. The result has been “a toxic legacy for generations to come,” the lawsuit alleges. Since the chemicals are already in the local environment, protecting residents now often means installing complex and expensive water filtration systems. People with private wells have found highly elevated levels of dangerous chemicals in their water, according to the class action lawsuit. The Maryland facilities are located in a rural area just across the border from Delaware, where Gore has become a longtime fixture in the community. The company, which today employs more than 13,000 people, was founded in 1958 after Wilbert Gore left the chemical giant DuPont to start his own business. Its profile rose with the development of Gore-Tex , a lightweight waterproof material created by stretching polytetrafluoroethylene, which is better known by the brand name Teflon that’s used to coat nonstick pans. The membrane within Gore-Tex fabric has billions of pores that are smaller than water droplets, making it especially effective for outdoor gear. The state’s complaint traces Gore’s longstanding relationship with DuPont , arguing that information about the chemicals' dangers was long known within both companies as they sought to keep things quiet and boost profits. It alleges that as early as 1961, DuPont scientists knew the chemical caused adverse liver reactions in rats and dogs. DuPont has faced widespread litigation in recent years. Along with two spinoff companies, it announced a $1.18 billion deal last year to resolve complaints of polluting many U.S. drinking water systems with forever chemicals. The Maryland lawsuit seeks to hold Gore responsible for costs associated with the state’s ongoing investigations and cleanup efforts, among other damages. State oversight has ramped up following litigation from residents alleging their drinking water was contaminated. Until then, the company operated in Cecil County with little scrutiny. Gore announced in 2014 that it had eliminated perfluorooctanoic acid from the raw materials used to create Gore-Tex. But it’s still causing long-term impacts because it persists for so long in the environment, attorneys say. Over the past two years, Gore has hired an environmental consulting firm to conduct testing in the area and provided bottled water and water filtration systems to residents near certain Maryland facilities, according to a webpage describing its efforts. Recent testing of drinking water at residences near certain Gore sites revealed perfluorooctanoic acid levels well above what the EPA considers safe, according to state officials. Attorneys for the state acknowledged Gore’s ongoing efforts to investigate and address the problem but said the company needs to step up and be a better neighbor. “While we appreciate Gore’s limited investigation to ascertain the extent of PFAS contamination around its facilities, much more needs to be done to protect the community and the health of residents,” Maryland Department of the Environment Secretary Serena McIlwain said in a statement. “We must remove these forever chemicals from our natural resources urgently, and we expect responsible parties to pay for this remediation.”Liverpool are reaping the rewards of Arne Slot's secret weapon - his masterful communication skills. The high-flying Dutch tactician has hit the ground running on Merseyside this season where he has relished the impossible task of replacing Kop icon Jurgen Klopp . While Johan Cruyff and Manchester City boss Pep Guardiola serve as inspiration where his footballing principles are concerned, key figures from his homeland - including Marco van Basten - are adamant Slot's ability to seamlessly transmit his ideas to his players is what separates him from the rest. Van Basten revealed: "I have met him and talked football with Slot a number of times now, tactically he is brilliant. I have rarely been so impressed by a coach. His man-management is top class, the way he gets on with a big squad and big players, is very good. "But the way he communicates all his football ideas and gets his players to play exactly in that way, is really impressive. Everything about him is calm, because he is mega intelligent. "Slot can work at the most difficult clubs, because of his intelligence, I have always said that the bigger the club and the better the players he would have, the easier the job becomes for him because super players would understand his football ideas even quicker. "Superstars or top players have strong characters and they can be difficult but Slot is so smart, he can steer them all the direction where he wants them to go. "Slot can really do this same job anywhere. Whether it's Liverpool or Bayern Munich - you name it, I am one hundred percent convinced he would be a success there, too." It's also reflective of Slot's character that during a recent conversation with Van Basten - not only did he outline his love and respect for the former Ajax and AC Milan striker for delivering Holland's only international trophy, Euro 1988, but he also invited him to Liverpool to work with his forward line. Slot, who rejected the chance to join Tottenham in 2023 to continue building at Feyenoord three months after also snubbing an offer from Leeds, has also swatted aside persistent speculation over the futures of out-of-contract trio Virgil van Dijk, Mohamed Salah and Trent Alexander-Arnold amid Liverpool's captivating Premier League title pursuit. The 46-year-old has only made minor tactical adjustments, tweaking Klopp's heavy-metal style into a more controlled, possession-based approach but those adaptations have got the Reds firing on all cylinders and leaking less goals. Dutch coach Alex Pastoor, who previously worked at AZ Alkmaar like Slot, is in awe of his compatriot's work, adding: "To have good football ideas and vision is one thing but to get the players doing exactly what he has in mind, is another. And Slot has created that so fast again at Liverpool because he has these highly intellectual communication skills. "Slot has actually got the gift to indoctrinate players. In his mind he knows exactly, in fact in detail, what he wants to see on the pitch and how he wants to see it. "The formation, the various shapes of attacking and defending, but in particular the communication of what he wants his players to do is extreme. "In my opinion Slot is at an unimaginable height with his ability to explain to his players what he wants." Join our new WhatsApp community! Click this link to receive your daily dose of Mirror Football content. We also treat our community members to special offers, promotions, and adverts from us and our partners. If you don’t like our community, you can check out any time you like. If you’re curious, you can read our Privacy Notice.
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SENTOSA COVE, Singapore, Nov. 30, 2024 (GLOBE NEWSWIRE) -- The much-anticipated World Trading Tournament (WTT) soft launch successfully took place at the prestigious One15 Marina, Sentosa Cove, Singapore, marking the beginning of an exciting new era in competitive trading. With a vibrant gathering of key industry leaders, partners, and passionate traders, the event provided a first look into WTT's groundbreaking platform, which aims to redefine the trading world. The soft launch served as the official introduction of WTT's vision: turning trading into a dynamic and competitive global sport. The platform's innovative ecosystem combines the thrill of competition, the power of community, and the excitement of high-stakes trading. WTT's mission is simple- Trade to Thrill -offering a new experience where every trade counts as a step toward victory in the World Series of Trading, a revolutionary global event. Building a Strong Foundation Through Partnerships The success of WTT is supported by key strategic partners: Dollars Markets , Paywiser , The Firm Capital , and WikiFX . Each partner plays an essential role in making the platform a state-of-the-art experience. The Firm Capital provides the technological backbone, WikiFX drives community awareness with its extensive database and implements the technology of WikiTrade, Paywiser delivers seamless payment services, and Dollars Markets brings eager participants ready to compete on the global stage. Arthur Huis Int Veld , CEO of WTT, captured the energy of the event, stating, "This is the first step toward changing how the world perceives trading. We are committed to making WTT a competitive arena where skill and excitement come together. The enthusiasm at this launch shows that we're well on our way to building something extraordinary.” A Dynamic Sneak Peek into WTT's Trading Platform The soft launch of the World Trading Tournament (WTT) introduced participants to its innovative platform, featuring gamified challenges, live leaderboards, and a community-driven environment. The immersive experience highlighted WTT's mission to blend competition, skill-building, and fun, making trading both accessible and exciting. Attendees enjoyed a glimpse of the dynamic trading arena, with the platform living up to its slogan-"Trade to Thrill.” Looking Toward 2025 The success of the soft launch sets the stage for WTT's full-scale global launch in 2025. As WTT continues to evolve, the platform promises to bring more innovations, grow its community, and push the boundaries of what trading can be. WTT is not just creating a platform-it's building a movement. For more information about upcoming WTT events, visit https://worldtradingtournament.com or contact [email protected] . Media Contact: World Trading Tournament Clement Metz +447441366569 [email protected] https://worldtradingtournament.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/b15433b3-625a-42bf-b1d5-5cb142b0bdfe https://www.globenewswire.com/NewsRoom/AttachmentNg/5717d522-124e-45f2-b129-fe4640ff26a9Robinhood Markets, Inc. (NASDAQ:HOOD) Shares Purchased by Daiwa Securities Group Inc.
Why Trump-Era Investment Planning Will Be Different Than ExpectedBraskem S.A. ( NYSE:BAK – Get Free Report )’s share price fell 3.3% during trading on Thursday . The stock traded as low as $3.78 and last traded at $3.80. 136,581 shares changed hands during trading, a decline of 84% from the average session volume of 843,888 shares. The stock had previously closed at $3.93. Analyst Upgrades and Downgrades A number of brokerages have recently weighed in on BAK. JPMorgan Chase & Co. reduced their price target on shares of Braskem from $10.00 to $9.50 and set a “neutral” rating for the company in a research note on Tuesday, September 10th. UBS Group raised Braskem from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $7.70 to $10.00 in a report on Wednesday, September 18th. Get Our Latest Analysis on Braskem Braskem Price Performance Hedge Funds Weigh In On Braskem Large investors have recently made changes to their positions in the business. MBB Public Markets I LLC lifted its stake in Braskem by 69.5% during the second quarter. MBB Public Markets I LLC now owns 1,597,293 shares of the company’s stock valued at $10,303,000 after purchasing an additional 654,806 shares during the last quarter. Walleye Capital LLC acquired a new position in Braskem in the third quarter worth approximately $2,341,000. Marshall Wace LLP increased its holdings in shares of Braskem by 872.0% in the second quarter. Marshall Wace LLP now owns 268,352 shares of the company’s stock valued at $1,731,000 after buying an additional 240,744 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Braskem by 329.1% during the 3rd quarter. Point72 Asset Management L.P. now owns 176,800 shares of the company’s stock valued at $1,298,000 after acquiring an additional 135,600 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in shares of Braskem by 106.8% during the 3rd quarter. Jane Street Group LLC now owns 90,736 shares of the company’s stock worth $666,000 after acquiring an additional 46,858 shares in the last quarter. Braskem Company Profile ( Get Free Report ) Braskem SA, together with its subsidiaries, produces and sells thermoplastic resins. The company operates through three segments: Brazil, United States and Europe, and Mexico. The Brazil segment produces and sells olefins, including ethylene, polymer and chemical grade propylene, butadiene, and butene-1; benzene, toluene, and xylenes products; fuels, such as automotive gasoline, liquefied petroleum gas, ethyl tertiary-butyl ether, and methyl tertiary-butyl ether; intermediates, such as cumene; aliphatics, aromatics, and hydrogenated solvents; and specialties comprising isoprene, dicyclopentadiene, piperylene, nonene, tetramer, polyisobutylene, and hydrocarbon resins. See Also Receive News & Ratings for Braskem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Braskem and related companies with MarketBeat.com's FREE daily email newsletter .Boys, 5 and 6, in stable condition after school shooting, BCSO says