United Way announces 2020 grant recipients

first_imgThe grant supports 51 projects and programs within 34 local non-profit organizations in Broome County. The United Way says over $1.9 million was raised and now it will go back to the community. (WBNG) — The United Way of Broome County announced its 2019-2020 grant program recipients Monday. These projects and programs focus on improving the basic needs, health, education and financial stability of the community.center_img The full list of recipients is posted below: Accord, A Center for Dispute Resolution – $30,600Action for Older Persons – $70,287American Civic Association – $23,337.60American Red Cross, Southern Tier Chapter – $71,500Big Brothers, Big Sisters of the Twin Tiers – $45,000Boys & Girls Clubs of Binghamton – $109,084.19Broome County Council of Churches – $37,392.04Broome County Gang Prevention – $34,499.20Broome County Urban League – $20,000Broome-Tioga NAACP – $4,500Catholic Charities of Broome County – $132,224.71Children’s Home of Wyoming Conference – $58,865.25Cornell Cooperative Extension of Broome County – $24,399.86Crime Victims Assistance Center – $44,930Deposit Community Center dba Wilson Children’s Center – $37,200Deposit Foundation, Inc. – $20,000Family Counseling Services of Cortland County – $30,000Family Enrichment Network – $15,000Family Planning of South Central New York – $50,820Fenton Free Library – $15,000First Presbyterian Church of Johnson City – $44,818.27Food Bank of the Southern Tier – $35,120HCA – Helping Celebrate Abilities – $20,582.52Jewish Community Center of Binghamton – $120,400Life Choices Center – $6,350Literacy Volunteers of Broome-Tioga – $16,575Mental Health Association of the Southern Tier -$44,900Mothers & Babies Perinatal Network – $56,000Rise-NY – $56,725Rural Health Network of South Central New York – $62,306.55Sarah Jane Johnson Memorial United Methodist Church – $4,500Stand by Me, Assistance Dog Team Training, Inc. – $10,000Southern Tier Independence Center – $14,000The Bridge Center – $3,850The Salvation Army, Binghamton Corps – $29,000VINES, Volunteers Improving Neighborhood Environments – $63,538Volunteers of America Upstate New York – $40,000YMCA of Broome County – $269,400YWCA of Binghamton/Broome County – $95,750last_img read more

Seadrill gets a one-month breather from creditors

first_imgSince the start of talks a few months back, Seadrill has been saying the final solution might lead to significant losses for the existing shareholders and may include chapter 11 proceedings.The company has reiterated the stance saying:”As previously disclosed, we continue to believe that implementation of a comprehensive restructuring plan will likely involve chapter 11 proceedings, and we are preparing accordingly. The extension provides additional time to finalise negotiations and prepare for the necessary potential implementation filings.“It is likely that the comprehensive restructuring plan will require a substantial impairment or conversion of our bonds, as well as impairment and losses for other stakeholders, including shipyards. As a result, the company currently expects that shareholders are likely to receive minimal recovery for their existing shares,” Seadrill said.According to Seadrill’s latest rig fleet status update, the driller, along with its subsidiaries, had no less than 14 offshore rigs listed as under construction in yards in Korea and China.The driller has been in talks with the yards regarding reaching agreements to defer the rig deliveries further into the future, waiting for the better times in the offshore oil and gas drilling market, which has been hit by the lack of demand caused by the low oil prices, coupled with an oversupply of the rigs in the market.Apart from the latest announced debt maturity delays, Seadrill said it was in advanced discussions with certain third party and related party investors and its secured lenders on the terms of a comprehensive recapitalization, which remain subject to further negotiation, final due diligence, documentation and requisite approvals.Seadrill’s share price fell from a high of 289 Norwegian crowns in September 2013, to the low point of 2,86 crowns in mid-July 2017. The price was 3.4 NOK as of Wednesday morning.Offshore Energy Today Staff Seadrill, a cash-strapped offshore driller, has been given some breathing space in an effort to restructure its reported $14 billion debt.The company, which has been in talks with creditors for months, on Wednesday said it had reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until September 12, 2017.Furthermore, Seadrill received lender consent to extend the maturity date under the US$400 million credit facility from 31 August 2017 until September 14, 2017.Seadrill said that in relation to the West Eminence loan facility, the company has received the support of lenders representing 84% of the exposure under the US$450 million creditfacility maturing on 15 August 2017 to extend the maturity date to September 14, 2017.The company, which had expected to close the restructuring talks by April 2017, has now said it expects that a scheme of arrangement under section 99 of the Companies Act 1981 of Bermuda, which requires a majority in number of the lenders representing 75% in value, will be used to implement the extension of the US$450m Facility if an acceptable maturity extension agreement is not reached.No joy for existing shareholderslast_img read more

Raising food allergy awareness

first_imgAnaphylactic shock is a “systemwide” allergic reaction in which the rush of histamines to the whole body cause blood vessels everywhere to expand and blood pressure to drop dangerously low. It’s a frightening proposition for those with severe food allergies, who spend their lives dodging meals with any unknown ingredients. Most reactions Goldweber said he sees in the emergency room occurred when people with a known allergy ate food that used their off-limits ingredient in an unexpected way. And to make matters worse, food allergies can be incredibly inconsistent. They can arise at any time, and can cause a wide range of symptoms. “They can get worse and worse with each reaction; they can go up and down, they can get better,” said Ron Ferdman, a USC physician. “There’s no way to predict it.” There are also no known cures, only treatments for the symptoms they cause. (Antihistamines such as Benedryl can ease mild symptoms; for strong reactions an Epipen, which injects adrenaline, is needed.) Some research looks promising, though. At Duke University, a scientist has had success desensitizing children to their peanut allergies by having them take slowly increasing amounts of powdered peanuts. “It still is risky, it’s not something that’s ready for prime time,” Riedl said, but “he does have some encouraging results that over time this may work, and it may allow children to tolerate small amounts of peanuts without a big reaction.” [email protected] (626) 578-6300, Ext. 4451160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! PASADENA – Every week at the Huntington Hospital emergency room, doctors see patients sickened by allergies to common foods. Last year at Huntington, 125 of those visits were severe enough to need inpatient care. And every few years, said Robert Goldweber, assistant director of the hospital’s emergency room, someone has a reaction so bad they die. “It’s horrible when that happens – it’s so unfortunate because it’s something that is preventable,” Goldweber said. This week marks the 10th anniversary of the Food Allergy Awareness Week, an effort of the Food Allergy and Anaphylaxis Network to spread awareness of the dangers that even commonly used ingredients can pose for some. AAN estimates one of every 25 Americans has a food allergy, of which 90 percent are caused by eight foods: milk, eggs, peanuts, tree nuts (such as walnuts, pecans, almonds and pistachios), shellfish, soy, fish and wheat. Around the world, the number is on the rise. Nobody is exactly sure why, said Marc Riedl, an assistant professor of medicine at UCLA, but one leading theory is that modern living has lead to children growing up in a more sterile environment, meaning that the immune system isn’t as preoccupied with protecting from bacteria and instead starts to overreact to common foods. When someone has a food allergy, the immune system has built up warrior antibodies that recognize the foods and latch on. That causes a release of histamines in the body, which can lead to traditional allergic symptoms such as itchy skin and redness. Athough food allergies are just an annoying inconvenience for most, Riedl said, for some the reaction is much stronger and can including severe nausea or anaphylactic shock. last_img read more