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Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement

Retrieved on: 
Thursday, April 25, 2024

Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement“Reasonable procedures to assure maximum possible accuracy” isn’t a wish, a hope, or a lofty aspiration.

Key Points: 

Eviction fiction? $15 million FTC-CFPB settlement with Trans Union and tenant screening subsidiary underscores importance of FCRA’s “maximum possible accuracy” requirement

  • “Reasonable procedures to assure maximum possible accuracy” isn’t a wish, a hope, or a lofty aspiration.
  • A proposed $15 million FTC-CFPB settlement with Trans Union and its subsidiary TransUnion Rental Screening Solutions underscores that fundamental legal principle.
  • Operating under Tran Union’s management and oversight, TransUnion Rental Screening Solutions (TURSS) provides background screening reports about consumers to rental property owners, property management companies, employers, and other background screening companies.
  • Misinformation in eviction records can result in longer searches for a place to live, additional application fees, possible expenses for temporary housing, and higher rent payments.
  • What’s more, the proposed order will impose far-reaching changes in how TURSS and Trans Union do business.

Press release: Leonteq becomes market maker at BX Swiss

Retrieved on: 
Wednesday, April 10, 2024

Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.

Key Points: 
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • Leonteq AG has a BBB credit rating by Fitch Ratings, was assigned with an AA ESG rating by MSCI and is listed on the SIX Swiss Exchange (SIX: LEON).
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Press release: Leonteq publishes voting results of its Annual General Meeting 2024

Retrieved on: 
Wednesday, April 10, 2024

Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.

Key Points: 
  • Based on proprietary modern technology, the company offers derivative investment products and services and predominantly covers the capital protection, yield enhancement and participation product classes.
  • Leonteq acts as both a direct issuer of its own products and as a partner to other financial institutions.
  • Leonteq further enables life insurance companies and banks to produce capital-efficient, unit-linked pension products with guarantees.
  • www.leonteq.com
    This press release issued by Leonteq AG (the “Company”) serves for information purposes only and does not constitute research.

Brixton Metals Reports Best Copper-Gold-Silver Results to Date from the Hog Heaven Project

Retrieved on: 
Wednesday, April 3, 2024

VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional results from the ongoing exploration program at the Hog Heaven Project, which is operated by Ivanhoe Electric Inc. under a definitive Earn-in Agreement with Brixton.

Key Points: 
  • VANCOUVER, British Columbia, April 03, 2024 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce additional results from the ongoing exploration program at the Hog Heaven Project, which is operated by Ivanhoe Electric Inc. under a definitive Earn-in Agreement with Brixton.
  • Hog Heaven is an advanced-stage, high-sulphidation, epithermal copper-silver-gold project having historical production with copper porphyry potential.
  • The project is located 50 miles southwest of Kalispell, Montana, USA.
  • Chairman and CEO Gary R. Thompson stated, “Drilling at the Hog Heaven Project continues to deliver highly encouraging results, specifically the copper enrichment.

Unlock Technologies and Saluda Grade Announce Close of Second Rated Home Equity Agreement Securitization

Retrieved on: 
Friday, April 5, 2024

NEW YORK, April 5, 2024 /PRNewswire-PRWeb/ -- Unlock Technologies (Unlock) a leading home equity investment technology company, and Saluda Grade, a private alternative real estate investment firm, have closed its second rated home equity agreement (HEA) securitization.  

Key Points: 
  • NEW YORK, April 5, 2024 /PRNewswire-PRWeb/ -- Unlock Technologies (Unlock) a leading home equity investment technology company, and Saluda Grade, a private alternative real estate investment firm, have closed its second rated home equity agreement (HEA) securitization.
  • This second rated securitization is further evidence of the home equity agreement becoming a mainstream asset class.
  • In the securitization, Saluda Grade placed $197 million of notes, with the deal oversubscribed.
  • "This second rated securitization is further evidence of the home equity agreement becoming a mainstream asset class," he says.

Flowers may be more ancient than dinosaurs – but scientists can’t agree on when they evolved

Retrieved on: 
Tuesday, April 9, 2024

Including more than 350,000 known species, they dominate the ecological system, shape food webs and play a vital role in oxygen production.

Key Points: 
  • Including more than 350,000 known species, they dominate the ecological system, shape food webs and play a vital role in oxygen production.
  • Plus, many of them are valuable commercial crops – think of roses, grains and tomatoes.
  • A step change in research is shaking up the way scientists think about plants: they are far more complex and more like us than you might imagine.
  • But not all scientists agree it is an angiosperm, due to the different definitions of flower organs.
  • This is the largest known amber-preserved fossil flower, measuring about 3cm across and about three times as large as most floral fossils, showing beautiful details of this ancient flower.

Jurassic or Cretaceous?

  • The timing of flowers’ evolution is still a matter of debate between scientists, but most scientists are in one of two camps: Jurassic or Cretaceous.
  • Analyses using molecular data (DNA or protein sequences) suggest flowers could be much older than the fossil record shows – a Jurassic (145 million years ago) or even Triassic origin (201 million years ago).

Deciphering the past by molecular data

  • One technique scientists use to determine the timing of evolutionary events is the “molecular clock”.
  • This concept originated from the understanding that genetic mutations tend to accumulate at a constant rate across both time and species.
  • To construct a molecular clock, researchers analyse gene segments that have been conserved throughout a species’ evolution.

Piecing the puzzle together

  • Scientists examine fossil plants and observe the gradual changes in structures such as leaves, flowers and seeds over time.
  • Comparing their anatomy allows researchers to identify similarities and differences between extinct and still-living species, or species in different clades.
  • Biological traits which appear similar may be a result of convergent evolution, indicating changes in characteristics for environmental adaptation, rather than genetic similarity.

Mathematical approach can also help

  • There is also a mathematical approach to estimating the age of angiosperms – for instance, using the Bayesian Brownian Bridge (BBB) method.
  • This statistical model is a scientific formula that uses the distribution of fossils through time to estimate the age of a group.
  • By using the BBB method, an international research team found that the origin of angiosperms supports a pre-Cretaceous hypothesis.


Ruolin Wu does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Orphan designation: rovatirelin Treatment of spinocerebellar ataxia, 11/11/2022 Positive

Retrieved on: 
Tuesday, April 9, 2024

Overview

Key Points: 
  • Overview
    This medicine was designated as an orphan medicine for the treatment of spinocerebellar ataxia in the European Union on 11 November 2022.
  • All medicines, including designated orphan medicines, must be authorised before they can be marketed and made available to patients in the EU.
  • The full list of orphan designations is available in the Community register of orphan medicinal products for human use.
  • EU register of orphan medicines
    The list of medicines that have received an orphan designation in the EU is available on the European Commission's website:

Dada Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Monday, March 25, 2024

Operations and support costs were RMB6,530.3 million, compared with RMB5,743.0 million in 2022.

Key Points: 
  • Operations and support costs were RMB6,530.3 million, compared with RMB5,743.0 million in 2022.
  • Selling and marketing expenses were RMB4,474.1 million, compared with RMB4,747.9 million in 2022.
  • In September 2023, the S&P Global Corporate Sustainability Assessment (CSA) gave Dada an ESG score of 37, placing Dada in the top 16% of the industry.
  • A telephone replay of the call will be available after the conclusion of the conference call through April 2, 2024.

Clene Announces Peer-Reviewed Publication Characterizing the Protein Corona of the Investigational Neurodegenerative Disease Drug, CNM-Au8®

Retrieved on: 
Friday, March 15, 2024

Simultaneously, the depletion of opsonin-based proteins in the corona extends their circulation time in the blood, as observed clinically.

Key Points: 
  • Simultaneously, the depletion of opsonin-based proteins in the corona extends their circulation time in the blood, as observed clinically.
  • “When we invented the electro-crystal-chemical method to grow clean-surfaced, highly faceted gold nanocrystals, we certainly had catalytic optimization in mind.
  • However, we also understood that the protein corona can control the location of our nanocrystals in vivo.
  • A Phase 3 registrational clinical trial of CNM-Au8 for the treatment of the progressive neurodegenerative disease, amyotrophic lateral sclerosis, is presently planned to launch in 2024.

KBRA Publishes Ratings for Western Alliance Trust Company, N.A.

Retrieved on: 
Friday, April 5, 2024

KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.

Key Points: 
  • KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A.
  • (“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+.
  • On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis.
  • Accordingly, any changes to WAL’s ratings or the existing Stable Outlook for the parent company’s long-term ratings, would be accompanied by the same action for WATC’s rating.