Monthly Archives: April 2021

TFT Set 5 Reckoning Shadow items: Updated stats and best-in-slot – Dot Esports

Posted: April 29, 2021 at 12:49 pm

Riot Games continues to evolve Teamfight Tactics with the new Set Five Reckoning mechanic, Shadow items, providing unique power increases at a cost.

Releasing around the globe by April 28, good and evil will collide across the convergence in TFT. The black mist has corrupted half of everything, introducing nine new Shadow components. Slightly similar to their original counterparts, these Shadow components can combine with a normal or Shadow component to create 36 new Shadow items.

Each Shadow item has its own power, stats, and penalty cost for using it. Blue Buff, for example, resets a champions mana at 20 after they cast their spell. Very Dark Blue Buff, the Shadow version, resets a champions mana to 15 after casting their spell. But if the wearer has less than 60 percent health, the mana reset is increased to 50.

From Archdemons staff and Chalice of Malice to Caustic Deathblade and Guardian Fallen Angel, here are the 36 TFT Set Five Reckoning Shadow items, not including dark spatula items.

Deathblade is one of many glass cannon Shadow items, according to Riot game designerStephen Mortdog Mortimer.

Zekes Bleak Herald drains attack speed from champions on either side in order to gain attack speed for themselves.

Good on frontline units and tanks, Guardian Fallen Angel returns a champion with 80 percent of their health while shredding all negative effects. The catch is that the wearers attack speed is reduced by 50 percent. A normal Guardian Angel returns a champion with 400 HP.

Hextech Gunblade of Immortality heals the nearest ally as opposed to the wearer. This TFT Set Five Shadow item works well on temporary and secondary carriers. It also only heals for missing health.

Evil Giantslayer is similar to Giant Slayer in that it targets high health units. Unlike the normal item, Evil Giantslayer deals 50 percent bonus damage without restrictions. Once the target drops below 1100 maximum health, the wearers abilities and attacks only do 15 percent decreased damage instead.

Sacrificial Infinity Edge offers more power at the cost of health. To effectively use the dark Infinity Edge, it should get paired with a healing item like Bloodthirster, or put on a champion who benefits from healing. In conjunction with Hand of Justice, its a powerful item on Nocturne.

Similar to Sacrificial Infinity Edge, the Shadow Bloodthirster is about pure aggression, according to Mortdog. The wearer gains 40 percent attack speed for three seconds once they heal to 90 percent health. But the item deals 25 percent true damage to the wearer at the beginning of combat.

Sacrificial Bloodthirster is a BIS item for Draven within the Forgotten/Legionnaires comp, utilizing the Legionnaires trait for healing and hitting 90 percent health for the additional attack speed.

This Shadow item is meant for champions whose spell doesnt rely upon damage, according to Mortdog, Spectral Spear of Shojin restores an additional 14 mana on-hit with each basic attack. The downside is that the holder deals 20 percent less damage. A normal Spear of Shojin restores five mana on-hit.

Ideal champions to use the Spectra Spear of Shojin on, according to Mortdog, are Lux and Tarric.

Rabadons Caustic Deathcap is another glass cannon Shadow item.

Zapping enemies and allies, Ionic Dark-Spark provides the wearer with additional ability power from each zap. The Shadow item is ideal on an Assassin, according to Mortdog.

Ideally paired with an item or champion that can replace health, Gunsoos Sacrificial Rageblade provides exponential growth at a sacrifice of health.

Archdemons Staff of Immortality is similar to Gargoyle Stoneplate, according to Mortdog, and is a self-healing item.

Locket of the Silver Lunari provides increase armor and magic resist at the cost of five less mana per attack. Its an ideal item that can get placed on a high health front line unit like Tarric.

Mor-evil-lonimicon kills off everyone, but slowly. Its a Unique item that is strong in the early game. Champions that utilize Mor-evil-lonimicon well are Volibear and Kennen.

Gaining power at the cost of health, Sacrificial Gauntlet increases critical strike chance and damage. The Shadow item works well on Velkoz and Vayne.

The holders magic and true damage from their ability can critically strike. The holder gains 40 percent critical strike damage and 20 percent critical strike chance. After the holder casts their ability, they lose 15 percent of their maximum health.

Similar to Dragon Claw, according to Mortdotg, Refracted Bramble Vest doesnt have a drawback but does function differently. It grants 200 bonus magic resist, which includes the components.

Eclipse Cape is a Unique Shadow item that does not apply Grevious Wounds, according to Mortdog.

Able to gain health from every unit targeting the wearer, the Gargoyle Stoneplate of Immortality Shadow item in TFT Set Five is a super tanky item.

Titans Revenge is another ideal tank item that can also deal damage.

Dark Shroud of Stillness has an increase in power but hits both sides of the battlefield as its drawback. Its also a Unique Shadow item.

Slow down enemies with Frozen Dark Heart, but beware, it can also slow down your own team. An ideal champion to carry Frozen Dark Heart is Diana, due to her Assassin trait.

Warmogs Sacrificial Armor pairs well with a champion or trait that gains health, according to Mortdog.

Turbulent Zephyr is a Unique item that increases the time an enemy is trapped in its whirlwind but at a cost of providing that enemy unit bonus stats once the whirlwind wears off. Turbulent Zephyr should not target carriers like Kayle.

Unstable ZzRot Portal is an ideal item to use when wanting to break through a strong front-line defense. Summoned Units, such as Abominations Monstrosity, will not spawn an Unstable Voidspawn

Vengeful Trap Claw combos well with Unstable ZzRot Portal, according to Mortdog, and is ideal on champions like Jax or Riven.

A Unique item, Sacrificial Redemption heals the entire board but does not heal the wearer. Its an ideal item on a champion like Hecarim that wont take damage because the self-damage cant kill it, according to Mortdog.

Similar to Bramble Vest, Refracted Dragons claw negates bonus damage from incoming critical hits while also reducing the incoming magic damage by 15 percent.

Runaans Untamed Hurricane doesnt proc on-hit effects, according to Mortdog. The TFT Shadow Set Five item is a solid choice on champions like Draven, Riven, Alphelios, and Jax.

Caustic Quicksilver is a Unique item that provides immunity to CC indefinitely at a cost of 20 percent less the maximum health of the wearer.

Chalice of Malice penalizes its wearer while benefiting units one Hex to either side of the item holder.

Providing more attack speed when no enemies are nearby, Rapid Deathcannon is ideal on Draven.

Final Whisper is a Unique Shadow item that is a solid counter to Redeemed, according to Mortdog.

Hand of Vengeance provides its wearer with both benefits while turning off and then back on with every takedown, according to Mortdog.

Statikk Stiletto is a more powerful Stattik Shiv that works well on Varus, according to Mortdog.

Very Dark Blue Buff is a Unique Shadow Set Five item that can produce interesting results when the wearers health drops below 60 percent.

Tricksters Gloves is a big brain item, according to Mortdog. It creates two full Shadow Set Five Reckoning items, that can either benefit or destroy the champion Tricksters Gloves is equipped to.

A large number of Shadow items still dont have a best-in-slot due to the meta being so new, and multiple adjustments taking place during the PBE testing stage. This article will get updated with each TFT Set Five Reckoning patch to include balance changes and BIS items per champion.

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The husk of Sears Holdings is still in bankruptcy and $81M in the hole – Retail Dive

Posted: at 12:48 pm

Dive Brief:

More than two and a half years have passed since Sears Holdings filed for Chapter 11, but the case and the financial drama around it have yet to be resolved.

In terms of bankruptcy professional fees, Sears is the most expensive retail bankruptcyin recent years of elevated filings in the industry, according to Debtwire data shared with Retail Dive earlier this year.

Driving that expense in part is the sprawling corporate complexity engineered by Lampert during his time as Sears Holdings' chief executive, majority shareholder (through his ESL Investments fund), biggest lender, major landlord and other entanglements. By the time the company filed for bankruptcy, it was a byzantine web of corporate financialization built atop an already massive and broad corporate empire that preceded Lampert.

As Enrique Acevedo, a director at M-III Advisory Partners currently advising Sears Holdings, put it in a recent filing, "Sears Holdings Corporation was a complex organization, with a long history and vast, sprawling organizational structure composed of numerous divisions, projects, and teams and operated by a multitude of people pursuant to many and varied practices and processes."

Lampert broke ties with Sears Holdings when he took on the company's remaining stores and created a new company, Transformco, to hold them. Without stores or operations, Sears Holdings has essentially been a corporate husk ever since. Yet it is still on the hook for legal bills and vendor claims made while it had stores to operate.

Suppliers trying to get payment from Sears Holdings during its Chapter 11 have long worried that the entity was administratively insolvent, meaning its bills in bankruptcy exceeded the value of its assets. The complexity and legal tussles throughout the case including with Transformcohave added to the company's massive pile of legal and consultant bills.

In fact, Sears Holdings is still wrangling over money with Transformco. In Acevedo's filing, the consultant detailed how M-III has been trying to recover funds from Transformco on behalf of Sears Holdings, including cash in overseas accounts cleared out while Lampert was still in charge of the old Sears.

While Sears Holdings no longer is a retailer in any real sense, its current cash shortfall has an impact on the ecosystem of vendors that built up around it and sells to other retailers. As with Toys R Us, suppliers burned in the Sears bankruptcy have reason to be leery of selling to distressed retailers in danger of bankruptcy, which can magnify those retailers' woes.

As for Transformco, which operates the last Sears and Kmart stores in the country, it keeps shrinking in store count, as Sears Holdings did under Eddie Lampert.

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Chapter 11 Bankruptcy Alert for the week of April 25, 2021 – The National Law Review

Posted: at 12:48 pm

Chapter 11

DebtorName

BusinessType

BankruptcyCourt

Assets

Liabilities

FilingDate

L&L Wings, Inc.*(New York, NY)

Clothing Stores

Manhattan(NY)

$10,000,001to$50,000,000

$50,000,001to$100,000,000

04/24/21

Connections Community Support Programs, Inc.**(Wilmington, DE)

Psychiatric andSubstance AbuseHospital

Wilmington(DE)

$50,000,001to$100,000,000

$50,000,001to$100,000,000

04/19/21

WB Supply LLC***(Pampa, TX)

Building Materialand SuppliesDealers

Wilmington(DE)

$10,000,001to$50,000,000

$10,000,001to$50,000,000

04/20/21

Adara Enterprises Corp.(New York, NY)

FinancialInvestment

Wilmington(DE)

$1,000,001to$10,000,000

$10,000,001to$50,000,000

04/22/21

Augustus Intelligence Inc.(New York, NY)

SoftwarePublishers

Wilmington(DE)

$10,000,001to$50,000,000

$1,000,001to$10,000,000

04/24/21

Secure Home Holdings LLC(Newton Square, PA)

Investigation andSecurity Services

Wilmington(DE)

$100,000,001to$500,000,000

$100,000,001to$500,000,000

04/25/21

ACA Security Systems, LP****(Chatsworth, CA)

Investigation andSecurity Services

Wilmington(DE)

$100,000,001to$500,000,000

$100,000,001to$500,000,000

04/25/21

Hawk Creations, LLC(Fort Worth, TX)

Investigation andSecurity Services

Wilmington(DE)

$100,000,001to$500,000,000

$100,000,001to$500,000,000

04/25/21

* DBA: WINGS** other names used: Connections, CCSP, Addictions Coalitions of Delaware, Inc.*** Other names used: W-B Supply Co. Inc. WBS, Inc. WB Oilfield Supplies Inc. WB Artificial Lift Inc. W-B Supply Company WBS Supply LLC Highland Artificial Lift Systems, Ltd. Permian Pump & Supply, Limited Partnership Beck Oilfield Supply LLC Beck Oilfield Supply, Incorporated**** DBA: ACS Security, My Alarm Center

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Chapter 11 Bankruptcy Alert for the week of April 25, 2021 - The National Law Review

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Scandal-Plagued Kangmei Hit With Bankruptcy Restructuring Suit – Caixin Global

Posted: at 12:48 pm

A creditor of Kangmei Pharmaceutical Co. (600518.SH) filed suit seeking bankruptcy restructuring of the scandal-plagued drugmaker as the company posted a massive annual loss of 27.7 billion yuan ($4.3 billion).

Guangdong Jiedong Rural Commercial Bank sued Kangmei in a local court April 22, Guangdong-based Kangmei said in a filing Tuesday as it reported 2020 financial results. Jiedong Rural Commercial Bank accused Kangmei of failure to repay 49 million yuan of debts.

Kangmeis 2020 annual losses reached 27.7 billion yuan, surging nearly five-fold from 4.7 billion yuan a year ago, the company reported the same day. Kangmei attributed the widened losses asset write-offs mainly due to inventory impairment.

The court hasnt formally responded to the bankruptcy restructuring request, but the case will bring uncertainties to some of Kangmeis creditors which are pursuing a class action against the company.

Earlier this month, a court in southern Chinas Guangzhou city accepted a lawsuit filed by a group of retail investors through a special representative against Kangmei on fraud allegations, marking the first ever class-action lawsuit against a listed company in China.

Zang Xiaoli, a lawyer at Beijing Shize Law Firm, said if the bankruptcy restructuring is formally accepted by the court, all other civil lawsuits and litigation against Kangmei will be suspended, affecting the class-action suit.

Once one of the countrys biggest listed drugmakers, Kangmei has been struggling to survive since the revelation of a multibillion-dollar financial reporting fraud in 2019 when Kangmei acknowledged multiple accounting errors in its 2017 results, leading to a 29.9 billion yuan overstatement its cash holding.

An investigation by the China Securities Regulatory Commission subsequently found that the company engaged in a series of illegal activities including forging documents for nonexistent business activities leading to an overstatement of cash holdings amounting to 88.7 billion yuan from 2016 to 2018. In May 2020, the securities regulator fined Kangmei 600,000 yuan.

In July, Kangmeis then-Chairman Ma Xingtian was taken into police custody on suspicion of illegal disclosure of information and failure to disclose important information.

The Kangmei scandal sent shockwaves through Chinas bond market and triggered a broader crackdown on financial institutions misconduct in bond issuance. GF Securities Co. Ltd., a major underwriter of Kangmeis bonds, was banned from the securities-sponsorship business for six months and from bond underwriting for a year for its role in the affair.

Kangmei said in July that its controlling shareholder, Kangmei Industry Investment Holdings Co. Ltd., was planning a major event that might lead to a change in control. In September, a special-purpose vehicle was set up by local state-owned enterprises to temporarily take control of Kangmei as part of a rescue orchestrated by the Guangdong provincial government, according to Kangmei filings.

Kangmeis creditors said at that time they would reserve judgment on the deal. We still need to observe how the takeover goes, see if theres any liquidity support for Kangmei and if there will be any moves to restructure the company, one institutional bondholder told Caixin in September.

According to Kangmeis latest financial report, its total assets stood at 36.2 billion yuan by the end of 2020 with only 552 million yuan in cash holding. The company has become insolvent with 43.3 billion yuan of debt.

Timmy Shen contributed to this story.

Contact reporter Han Wei (weihan@caixin.com) and editor Bob Simison (bobsimison@caixin.com)

Download our app to receive breaking news alerts and read the news on the go.

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Truckers, brokers owed hundreds of thousands after Indiana companys bankruptcy – FreightWaves

Posted: at 12:48 pm

Several trucking and logistics companies are collectively owed hundreds of thousands of dollars after an Indiana-based household goods brokerage shuttered operations and filed Chapter 7 bankruptcy in mid-April.

Guardian International Inc., doing business as Guardian Freight, filed its petition in the U.S. Bankruptcy Court for the Northern District of Indiana on April 14.

Although incorporated in Maryland, the household goods companys principal office was in Fort Wayne, Indiana.

In its filing, Guardian Freight lists its assets as between $50,000 and $100,000 and its liabilities as between $500,000 and $1 million.

The shuttered brokerage states that it has up to 49 creditors. The company maintains that no funds will be available for unsecured creditors once it pays administrative fees.

According to Guardian Freights financials, its gross revenues were approximately $164,000 in 2020, a 92% drop from the nearly $2 million in revenue it posted in 2019.

According to a document filed with the Indiana secretary of states office, Sabah Abu Qiyas is the companys president and Tonya Watson served as vice president and office manager before it ceased operations.

According to court documents filed in Marion County, Indiana, Superior Court, Guardian Freight was ordered to pay Indianapolis-based FitzMark Inc. nearly $20,500 in October. In a separate judgment, the court ordered the shuttered brokerage to pay SunteckTTS, which is now part of Dallas-based MODE Transportation (MODE), more than $14,200 for unpaid transportation services in December.

The companys largest unsecured creditor is Cincinnati-based Loth Logistics LLC. Guardian Freight was ordered to pay Loth more than $247,000 in October in a breach-of-contract lawsuit filed in the U.S. District Court for the Southern District of Ohio.

Court filings state that Guardian Freight contracted with Loth to arrange the transportation of hundreds of shipments of goods but failed to pay the brokerage.

The Federal Motor Carrier Safety Administration revoked Guardian Freights household goods broker authority in May 2020.

FreightWaves reached out to Guardian Freight for a comment, but neither the phone number nor the companys website was working.

Other unsecured creditors listed in Guardian Freights bankruptcy petition include North & South Logistics, owed $55,000, PD&S Freight Solutions, owed nearly $57,000, and Watco Supply Chain Services, owed more than $72,400.

A creditors meeting is scheduled for May 20.

Former chief tribal judge sentenced in truck driver ticketing schemeRoad Doctor owner accused of paving way for luxury cars with PPP loanAccounting clerk pleads guilty to swiping $1.1M from carrier

Click for more articles by FreightWaves Clarissa Hawes.

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Buchalter COVID-19 Client Alert: PPP Loans Now Available to Otherwise-Eligible Companies That Have Ended Their Bankruptcy Proceedings – JD Supra

Posted: at 12:48 pm

The Small Business Administration (SBA) has made an adjustment to its guidance to provide that entities which have concluded a bankruptcy proceeding are not, for purposes of PPP eligibility, considered in bankruptcy. Entities which are presently in bankruptcy are not eligible for a PPP loan.

The SBAs latest Frequently Asked Questions (found at https://www.sba.gov/sites/default/files/2021-04/PPP%20FAQs%204.6.21%20FINAL-508.pdf) contain a new FAQ Number 67. It provides that for PPP eligibility purposes, a party is deemed to have left a bankruptcy proceeding under the following circumstances:

Chapter 7 the Bankruptcy Court has entered a discharge order.

Chapters 11, 12 and 13 the Bankruptcy Court has entered an order confirming the plan.

Any Chapter the Bankruptcy Court has entered an order dismissing the case.

For an entity to be eligible for a PPP loan, the above orders must be entered before the date of the PPP loan application.

If an entity is permanently closed as a result of a bankruptcy filing, it is not eligible for a PPP loan.

Thus, an entity that has recently resolved its bankruptcy case, and is otherwise eligible for a PPP loan, must submit its application before the May 31 deadline. If an entity is otherwise eligible for a PPP loan and is in a bankruptcy proceeding that can be quickly resolved, it may wish to attempt to do so before the May 31 PPP loan application filing deadline.

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Buchalter COVID-19 Client Alert: PPP Loans Now Available to Otherwise-Eligible Companies That Have Ended Their Bankruptcy Proceedings - JD Supra

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Bankruptcy appears to have no affect on Tomaszewski’s victims’ restitution claims – The Daily News Online

Posted: at 12:48 pm

BATAVIA A federal bankruptcy judge continues to rule in favor of victims of Michael S. Tomaszewski, ruling in the past week that eight debts are not dischargeable as part of Tomaszewskis Chapter 7 bankruptcy.

Chief Bankruptcy Judge Carl L. Bucki this week and on April 15 ruled that the money owed to the victims cannot be discharged through bankruptcy because the debt was a result of fraud on Tomaszewskis part.

Barclay Damon law firm of Buffalo is representing three of Tomaszewskis victims, at no cost to the victims.

The firm said in a news release that the victims are among more than 100 people who are owed a total of more than $575,000.

Tomaszewski earlier this month pleaded guilty to felony charges and admitted stealing the money from clients at his Michael S. Tomaszewski Funeral Home & Cremation Chapel.

Tomaszewski since 2009 had been stealing money that was earmarked for future funeral, burial and cremations.

The money was by law to be deposited in escrow accounts.

Tomaszewski filed for Chapter 11 bankruptcy in February 2020, six months before he was arrested. He listed more than $3 million in debts and about $1 million in assets.

He did not list any pre-need creditors as part of his filing.

After his arrest, however, Tomaszewski amended this bankruptcy petition to include the victims.

Tomaszewski filed a plan that was opposed by the victims and ultimately denied confirmation by the bankruptcy court, Barclay Damon said in the release. Concurrently, he was indicted on criminal charges in connection with the pre-need payments.

In March, Tomaszewski had his bankruptcy filing converted to a Chapter 7 liquidation.

It was unclear how many of Tomaszewskis victims have sought to have their debts declared non-dischargeable.

Genesee County District Attorneys Office is currently reviewing restitution claims as part of a pre-sentence investigation.

As part of Tomaszewskis guilty plea, he must pay restitution to all of his victims. Some have been repaid, Assistant District Attorney Kaitlynn Schmit said.

Tomaszewski pleaded guilty to third-degree grand larceny, first-degree scheme to defraud, first-degree offering a false instrument for filing and to a public health law violation for storing a body for 10 months at the funeral home, without proper burial.

He faces up to seven years in prison when sentenced in July.

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Bankruptcy appears to have no affect on Tomaszewski's victims' restitution claims - The Daily News Online

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COVID-19 Updates & Resources | Greenville, NC

Posted: at 12:48 pm

North Carolina Governor Roy Cooper has further eased some of the restrictions previously in place due to the COVID-19 pandemic with Executive Order 209 until June 1, 2021 at 5:00 p.m. A copy of the Order is available here.

Here is a breakdown of Executive Order 209:

Face coverings are required while indoors for anyone over age 5 and recommended for anyone over age 2.

Indoor gatherings are limited to no more than 100 people and outdoor gatherings are limited to 200 people.

Open Indoors up to 100% Capacity

Museums

Aquariums

Retail businesses

Salons, personal care and grooming businesses

Open Indoors at 75% capacity and Outdoors up to 100% Capacity

Restaurants

Breweries, wineries, and distilleries

Recreation (e.g. bowling, skating, rock climbing)

Fitness and physical activity facilities (e.g. gyms, yoga studios, fitness centers)

Pools

Amusement parks

Open Indoors and Outdoors up to 50% Capacity

Bars

Meeting, reception, and conference spaces

Lounges (including tobacco) and night clubs

Auditoriums, arenas, and other venues for live performances

Sports arenas and fields (including professional, collegiate, and amateur)

Movie theaters

Gaming facilities

Guidance from the North Carolina Department of Health and Human Services for businesses, education, child care, law enforcement, housing, individuals, families, and more is available here.

Testing Sites

The Pitt County Health Department through a collaboration with Pitt County Emergency Management and Vidant Medical Center is offering daily community COVID-19 testing. For more information about the locations and times of the free testing, click here.

Vaccine Information

According to the North Carolina Department of Health and Human Services, a tested, safe and effective vaccine will be available to all who want it, but supplies will be limited at first. For more information about vaccines, click here.

City of Greenville Services

City of Greenville offices are open with a modified schedule. Offices are open from 9 a.m. to noon on Mondays, Wednesdays, and Fridays, and 1 p.m. to 5 p.m. on Tuesdays and Thursdays.

When possible, members of the public are still asked to conduct business with the City of Greenville online or by phone. Examples of services that can be conducted online include payments, parking permit requests, building, electrical, mechanical, and plumbing permit applications, employment applications, and building inspection requests. Additionally, residents can submit work requests for issues such as street light repairs, potholes, or missed trash pick-ups by using theCity Compasstool.

Below is a list of helpful phone numbers for those seeking to contact City staff.

*In the case of an emergency, please dial 9-1-1.

The following changes have also been made to City services, programs, and meetings:

Transit

Recreation and Parks Operations

The City of Greenville Recreation and Parks Department will continue to follow the guidelines provided by state and local health officials to help staff determine the status of indoor public facilities, departmental programs and events. Here are the latest updates:

The City continues to encourage the use of open spaces and greenways while maintaining the appropriate social distance.

Should you have questions about any Recreation and Parks Department operations, please emailGRPD@greenvillenc.govand a member of our staff will get back to you as soon as possible.

Additional City Changes:

Sheppard Memorial Libraryhas reopened for limited public access with limited activities. All branches of the library except for Bethel are open from 9 a.m.-5 p.m. Monday through Friday. The main branch on Evans Street is also open 8 a.m.-12 p.m. on Saturday, while the Winterville Library is open 1 p.m.-5 p.m. on Saturday. There is a limit of 20 patrons in the main library, five patrons at the Children's Library (or one family of 5+), and eight patrons at the branch libraries. All children must be accompanied by an adult. There is limited computer access and no meeting room use at this time. Virtual programming will continue, and curbside service will continue at only the branch libraries. All returned items will be quarantined and remain on an individual's account for up to seven days.

If you have specific questions or concerns related to Coronavirus, visit

COVID-19 Information from Across State Government

Business and Community Guide to Resources for COVID-19 Recovery

Business Resources from the Greenville-Pitt County Chamber of Commerce

Business Resources from the North Carolina Department of Commerce

U.S. Small Business Administration Lenders

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COVID-19 Updates & Resources | Greenville, NC

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How COVID-19 changed the world: G-7 evidence on a recalibrated relationship between market, state, and society – Brookings Institution

Posted: at 12:48 pm

Introduction

The COVID-19 pandemic changed the relationship between the market economy, state, and society in the G-7 countries and beyond. While economies collapsed due to the shutdown of broad swathes of the economy, the state and civil society have gained new significance in protecting people from the pandemics effects. This dramatic shift has recalibrated the publics perception of the role of markets, government, and society in response to the worldwide shock. This is a central finding of this study, which examines the effects of the pandemic in terms of normative foundations for societal well-being.

The Recoupling Dashboard is an outgrowth of the research initiative on Recoupling Economic and Social Prosperity.1 The underlying motivation is simple: In view of the social fragmentation and environmental degradation that has accompanied economic growth over the past decades, it is apparent that economic prosperity (in terms of GDP) can become decoupled from social prosperity (in terms of well-being in thriving societies). Economic prosperity is not an end in itself, but a means to the end of social prosperity. The aim of economic and social policies should be to promote social prosperity and to recouple economic prosperity with it.

The Recoupling Dashboard provides a simple empirical framework to measure economic and social success. The Recoupling Dashboard 2020 provides a new picture of how countries have responded to the COVID-19 pandemicone that tells quite a different story from the conventional analyses focusing on GDP alone. Social prosperity depends primarily on the functioning of four domains: the economy, the state, civil society and the environment. The pandemic was an attack on the economy, since public health concerns demanded shutting down or reorganizing economic activities requiring close interpersonal physical contact. If societies were to be cushioned from the health crisis and its economic fallout, the cushioning would have to come from the state and civil society. The Recoupling Dashboard 2020 uncovers the divergent experiences of countries in this regard. This paper focuses on the G-7 countriesCanada, France, Germany, Italy, Japan, the United Kingdom, and the United Statesas the first step towards a wider appraisal.

The Recoupling Dashboard 2020 provides a new picture of how countries have responded to the COVID-19 pandemicone that tells quite a different story from the conventional analyses focusing on GDP alone.

Just as the drop in economic response to the pandemic was predictable, so the environmental response was broadly predictable as well, since the environmental consequences largely followed from the economic consequences. (For example, reduced economic activity led to lower CO2 emissions, while increased production and consumption of personal protective equipmentsuch as face masks, disposable gloves, and clothingled to greater biomedical waste.) Since the environmental effects of the pandemic have already received detailed attention elsewhere,2 we focus primarily on the social effects with regard to the responses of civil society and the state.

The Recoupling Dashboard is composed of four main indexes: Solidarity (S), Agency (A), GDP (material Gain, G) and Environmental sustainability (E)SAGE for short.

Solidarity (S) covers the need for social belonging and embeddedness in the society, as such, it deals with solidarity in the civil society and as opposed to institutionalized solidarity such as social security systems or cross-national support. It may be directed inwardly to ones national, religious, ethnic, racial, or class groups, or outwardly to groups with regard to which one does not define ones social identity. Inward Solidarity by itself may promote the well-being of ones in-group members, but lead to conflict with out-groups (which often detracts from the well-being of both in- and out-group members). Populism, for example, represents a form of Inward Solidarity that often generates hostility to immigrants, from which social conflicts within nations can arise. Under these circumstances, Inward Solidarity generates positive externalities for ingroup members, but negative externalities for out-group members. But Inward Solidarity could also be positively related to Outward Solidarityas when people with a strong sense of national identity welcome immigrants and benefit from the resulting cultural exchangethereby generating positive externalities for in- and out-group members alike. The psychological relationship between Inward and Outward Solidarity is complex.3

Economic prosperity is not an end in itself, but a means to the end of social prosperity.

The Agency (A) covers the fundamental human purpose of individual mastery and personal growth. It aims to measure how empowered people in a society are to influence their own fate through their own efforts.

Our measure of material Gain (G) is GDP and that of environmental sustainability is also conventional, covering a broad index (the Environmental Performance Index) and two narrower indexes (CO2 emissions and greenhouse gas emissions).4

These indexes are not inherently substitutable for one another and thus need to be assessed separately. The dashboard suggests that when people have a secure sense of social belonging (S), are empowered to influence their fate through their own efforts (A), are materially well off (G) and live within planetary boundaries (E), then a groundwork for satisfying their fundamental needs and purposes is established.

It is well-known that there already exist many indexes of societal welfare that extend beyond GDP. For example, there are indicators that adjust GDP (such as the Index of Sustainable Economic Welfare, Green GDP, Genuine Savings, Brynjolffsons GDP-B metric); others measure human capacities (such as the Human Development Index); there are psychological measures of wellbeing (such as the Personal Wellbeing Index and Happy Life Years Index) and sociological measures of wellbeing (such as the Physical Quality of Life Index and the Social Progress Index of the Social Progress Imperative (2020)). Furthermore, there are indexes of happiness (such as Gross National Wellbeing and the World Happiness Report). Finally, there are hybrid indicators (containing objective and subjective measures, such as the OECD Better Life Index (OECD (2019a,b)) and indexes of desirable outcomes (such as Sustainable Development Goals of the 2030 Agenda for Sustainable Development).

The Recoupling Dashboard breaks new ground in being the first measure of social progress resting entirely on a few major ethical foundations. The S is the focus of communitarianism (covering peoples social needs and purposes), A is the central value of classical liberalism (focusing on individual empowerment, civil liberties, and human capabilities), G is central to the utilitarian consequentialism that underlies the discipline of economics, and E covers the domain of environmental ethics (the value and moral status of the environment). This normative basis for measuring wellbeing is significant, for three reasons. First, living in accordance with ones moral values is a major source of wellbeing. Second, most of our moral values can be understood as potent instruments for inducing social cooperation among people. As such, they can be recognized as a key to assessing the social prosperity that lies beyond economic prosperity. Third, moral values are imbued with normative force, inducing people into action. Thereby our dashboard aims to capture components of wellbeing that people are especially inclined to act on.

The Recoupling Dashboard combines this distinctive feature with the characteristics of brevity, regularity, and breadth. Regarding brevity, the dashboard contains only four indexes, matching the four things that humans can be kept simultaneously in working memory.5 As for regularity, the dashboard is assessed on an annual basis, comparable with annual GDP statistics. Finally, regarding breadth, the dashboard covers a large number of countries (currently over 150), so as to allow country comparisons to be made. For the purposes of this paper, we focus solely on the G-7 countries.

The four indexes of the dashboard are not closely correlated with one another. In particular, movements of GDP do not provide an adequate account of how Solidarity, Agency and Environmental Sustainability evolve. If GDP grows while S, A, and E stagnate or decline, we can say that economic prosperity has become decoupled from social and environmental prosperity. Then the aim of policy should be to recouple these separate domains, ensuring that all four fundamental needs and purposes are met.

The political and social implications of decoupling are momentous. For example, two years before Donald Trump won the U.S. Presidential election, Agency suffered a steep decline, Inward Solidarity stagnated, while Outward Solidarity fell. (See Figures 1 and 3 below.) In the period 2006-2016, Solidarity (both Inward and Outward) fell by 6 percent and Agency dropped by 12 percent in the U.S. These psycho-social developments were masked by a steady rise in GDP. Had such phenomena received the serious attention that they deserved, we could have gained a deeper understanding of Donald Trumps electoral appeal and new insights into ways of dealing with the underlying discontent. (This time, its not the economy, stupid.)

One year before the Brexit referendum, Outward Solidarity in the U.K. plummeted, Inward Solidarity rose, while Agency declined (as shown in Figures 1 and 3 below). Over 2006- 2016, Inward Solidarity in the U.K. fell by 2 percent, Outward Solidarity was stagnant, and agency fell by 5 percent. This, too, provides a very different picture of British well-being than the steady rise of U.K. GDP. Once again, prominent recognition of these developments would have given rise to a different assessment of the social problems leading to Brexit than the ones on which Prime Minister David Cameron was focused. (Again, Its not the economy, stupid.)

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How COVID-19 changed the world: G-7 evidence on a recalibrated relationship between market, state, and society - Brookings Institution

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COVID-19 in Illinois updates: Heres whats happening Thursday – Chicago Tribune

Posted: at 12:48 pm

Unlike two months ago, those vaccinations are available now, Pritzker said during an appearance in Normal, Illinois. If you want to get vaccinated, essentially over the next two weeks and beyond, youre going to be able to raise your hand and go somewhere today to get vaccinated.

The weekly average of COVID-19 vaccinations administered in Illinois continues to decline even as the supply of vaccines remains steady. Over the last seven days, an average of 100,823 vaccines were administered daily in Illinois, the lowest since an average of 99,936 cases was recorded for the week ending March 26.

Meanwhile, Officials on Wednesday reported 2,728 new confirmed and probable cases of COVID-19 and 33 additional fatalities.

Heres whats happening Thursday with COVID-19 in the Chicago area:

10:33 a.m.: Chicago will reopen United Center, expand outdoor festivals, allow more people indoors as Mayor Lori Lightfoot eases COVID-19 restrictions

The city of Chicago is loosening up its pandemic rules including increased capacity for indoor events at the United Center and elsewhere, while allowing outdoor festivals and farmers markets to expand as part of a sweeping plan to reopen the economy to normal events, Mayor Lori Lightfoot announced Thursday.

The United Center and other large indoor venues will be allowed to open at 25% capacity. Large indoor venues for meetings, conference rooms and conventions can now operate at the lesser of 25% capacity, or 250 people, the city said. Large houses of worship also will be allowed to operate at 25% capacity, the city said.

Lightfoot officials also announced that festivals and general admission outdoor events can now operate with 15 people per 1,000 square feet. Farmers markets and flea markets will be allowed to operate at 25 percent capacity or 15 people per 1,000 square feet, the city said.

Lightfoots eased restrictions bring the city in line with state rules. The latest steps toward reopening come after the city postponed further moves due to a spike in COVID-19 cases. But the city said it feels confident making the moves due to improvements in metrics, including a decrease in the number of people testing positive for the virus, and continued vaccine distribution.

As part of the reopening plan announced Thursday, the Windy City Smokeout, scheduled for July 8-11, will be the first street festival to resume this year. Officials said they expect up to 12,500 people at the United Center per day and it will take place in the parking lot of the United Center.

9:35 a.m.: McDonalds arches glitter as pandemic restrictions lift; chicken sandwich, spicy nuggets power sales

The bounce back for McDonalds as restrictions were lifted across the U.S. was so strong in the first quarter that the company surpassed sales during the same period even in 2019, long before the pandemic broadsided the country.

McDonalds revenue jumped 9% to $5.1 billion for the January-March period, better than most had expected.

Last year at this time stores were closing globally and the world sheltered from spiking COVID-19 infections, so an improvement in sales during the same stretch this year was expected. How easily it topped 2019s first-quarter sales of $4.95 billion, however, was not.

U.S. same-store sales, or sales at locations open at least a year, rose 13.6% in the January-March period. Fewer diners visited, and many dining rooms remain closed. But those who did visit ordered more. McDonalds said new products, including acrispy chicken sandwichand spicy nuggets, helped draw customers.

Restaurant companies with drive-thrus, such as McDonalds, escaped the worst of the economic damage over the past year because they could continue to sell food even during the worst stretches of the pandemic. The Chicago company has drive-thru windows at nearly all U.S. stores and two-thirds of stores in its biggest European markets. And at least 30,000 stores worldwide now offer delivery.

9:33 a.m.: October taco lunch at Naperville warehouse leads to 23 COVID cases, one death and an OSHA fine

An employee at a Naperville warehouse brought in restaurant tacos for an office lunch on a Friday in late October. Less than three weeks later, 23 workers had COVID-19 and one had died.

This week, Midwest Warehouse and Distribution System was cited for a serious violation by the Occupational Safety and Health Administration for allegedly failing to take immediate steps to contain the COVID-19 outbreak. The company faces a $12,288 workplace safety fine.

This case is a tragic reminder of the importance of fully implementing coronavirus prevention measures that include wearing face coverings, physically distancing and quarantining workers who exhibit symptoms to protect other workers from coronavirus exposure, Jake Scott, OHSA area director, said in a news release Tuesday.

The 39-year-old logistics company, headquartered in Woodridge with 500 employees and more than a dozen Chicago-area warehouses, plans to contest the fine at an upcoming OSHA hearing, according to Aaron Gelb, a Chicago-based attorney representing Midwest Warehouse.

8:38 a.m.: To mask up outdoors or not? Some Chicagoans welcoming loosened CDC rules, others find it harder to let go of a new habit

America and masks have had a complicated relationship during this pandemic, even in the places where state officials havent tried to turn the featherweight little face-hole blockers into symbols of an oppressive government.

But a semi-random sampling of Chicagoans this week after the Centers for Disease Control officially OKd maskelessness under certain conditions found a populace thats happy to have some reins removed but still pretty amenable to the idea of covering up for the sake of themselves and others you know, the way doctors have done for decades.

Im vaccinated and Im wearing a mask even outside, pronounced Alan Singleton as he loaded his clubs into the truck after finishing a round of golf at the citys West Side Columbus Park course Tuesday afternoon.

A big reason for that is my wifes a nurse and a paranoid schizophrenic, the telecommunications manager said, with only a touch of hyperbole.

Moreover, his extended family was hit hard by COVID-19, the Austin resident said, and he has to weigh the caution born of that personal experience against the freedom offered by the new CDC guidelines, issued Tuesday.

6 a.m.: Indiana watching counties near Michigan for COVID-19 risk

The counties near Indianas border with Michigan are showing persistent risk of coronavirus spread, with top state health officials saying Wednesday they were trying to turn around declining COVID-19 vaccination rates.

The State Department of Healths weekly tracking map updated Wednesday showed four of the five Indiana counties that border Michigan with orange risk the second highest of the four ratings. Two other nearby counties also have orange ratings, while 10 more northern Indiana counties have the next-highest yellow rating.

Indiana officials have been watching those northern counties because Michigan has posted more new COVID-19 cases than any other state in the country over the past two weeks. Those infections could continue to spread among unvaccinated people with so much travel between the two states, health officials said.

When most of the U.S. went into lockdown over a year ago, some speculated that confining couples to their homes with little to entertain them beyond Netflix would lead to a lot of baby-making. But the statistics suggest the opposite happened.

Births have fallen dramatically in many states during the coronavirus outbreak, according to an Associated Press analysis of preliminary data from half the country.

The COVID-19 baby boom appears to be a baby bust.

Nationally, even before the epidemic, the number of babies born in the U.S. was falling, dropping by less than 1% a year over the past decade as many women postponed motherhood and had smaller families.

But data from 25 states suggests a much steeper decline in 2020 and into 2021, as the virus upended society and killed over a half-million Americans.

Births for all of 2020 were down 4.3% from 2019, the data indicates. More tellingly, births in December 2020 and in January and February 2021 nine months or more after the spring 2020 lockdowns were down 6.5%, 9.3% and 10% respectively, compared with the same months a year earlier.

December, January and February together had about 41,000 fewer births than the same three-month span a year earlier. Thats an 8% decline.

When theres a crisis, I dont think people are thinking about reproduction, said Dr. John Santelli, a Columbia University professor of population and family health who reviewed the APs analysis.

The analysis included 24 states that provided data on births to residents. Joining them in the analysis was California, the most populous state, which provided data on all births that happened in the state, including among visitors.

The Centers for Disease Control and Prevention is expected to provide a national picture later this year. But the data for the 25 states is not expected to change substantially; preliminary birth numbers usually end up being pretty close to the final counts, experts say.

North Central College in Naperville has announced it will hold four outdoor, limited-capacity graduation ceremonies May 8-9 to honor this years graduates and those in the class of 2020.

Breaking from the virtual commencements it held last year, North Central is planning events that will comply with COVID-19 safety protocols, a school news release said. There will be reduced seating capacity at Benedetti-Wehrli Stadium, physical distancing between attendees and required face coverings.

After hosting a virtual graduation last fall due to the COVID-19 pandemic, this spring North Central College graduates from the classes of 2020 and 2021 will get the opportunity theyve been waiting for: To walk across the stage in front of their family and friends, the release said.

It is expected 270 members of last years graduating class and 614 students receiving graduate and undergraduate degrees this year will participate in one of the four ceremonies.

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COVID-19 in Illinois updates: Heres whats happening Thursday - Chicago Tribune

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