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Brain activity dampened by vaped THC similar to those with schizophrenia study

first_imgA new study by Ontario researchers suggests that brain activity in rats exposed a single time to THC — the vapourized psychoactive component of marijuana — is similar to those with schizophrenia and cannabis-induced psychosis.Lead author Jibran Khokhar, an assistant professor of neuroscience at the University of Guelph, said the rats’ “dampened” brain activity lasted at least one week after the exposure.“It was really surprising,” he said.Khokhar and his team are trying to tease out the long-known relationship between marijuana use and schizophrenia.A genetic predisposition to schizophrenia combined with exposures to cannabis can increase the risk for that person to have a psychotic episode or to then have a diagnosis of schizophrenia, Khokhar explained.But the causal relationship between the two is not known.“The goal and focus of the lab is to try to crack this chicken or egg question of substance use and schizophrenia,” Khokhar said.His team surgically implanted electrodes into the brains of eight healthy rats that had never been exposed to tetrahydrocannabinol, or THC. After the animals recovered from the surgery, his team pumped pure vapourized THC or a saline solution into sealed rat chambers.Then they monitored the rats’ activity in several regions of the brain, including the prefrontral cortex, the orbitofrontal cortex and the dorsal striatum.“We found across all the regions the single exposure to THC changed the individual activities of these brain regions, but also altered how these regions communicate, or jive, with one another,” Khokhar said.The research was published recently in the Canadian Journal of Addiction.Khokhar said they have built customized chambers to study vaping further.“Vapourized cannabis is gaining popularity and as more concentrates come on the market, we see an increase in wax and shatter — high concentrate forms of THC — and will probably be vapourized with these vape pens,” Khokhar said.Public health officials south of the border are investigating hundreds of serious breathing illnesses — including at least seven deaths — with most related to vaping marijuana oil. Last week, Canadian officials announced what is believed to be the first vaping-related illness in London, Ont., that left a teen on life support before recovering.Canada’s chief public health officer said last week that at least three reports of potential vaping-related illnesses are being investigated, but nothing has been confirmed.Khokhar said the rising popularity of vaping and the reported pulmonary illnesses underscore the need to do more research.This report by The Canadian Press was first published Sept. 22, 2019.Liam Casey, The Canadian Presslast_img read more

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Taylor Swift Donates Shoes To Celebrity Charity Auction

first_imgSoles4Souls, the international shoe charity, announced today a complete line-up of a-list celebrities who decided to take off their shoes for a good cause, including shoes from Taylor Swift, Ryan Seacrest, Jimmy Fallon, Chase Crawford, and more.The charity is also auctioning off 4 destination trips that will go towards supporting their mission of providing shoes for individuals living in poverty. The auction is being hosted on the charity auction site CharityBuzz.com.The online auction will include vacation packages to Chicago, Napa Valley, San Francisco, Washington, DC, as well as a 12 person race team for Ragnar Relay – there are many options to choose from. The a-list celebrity shoe auction includes a pair of Christian Louboutin autographed shoes from Camille Grammar, a pair of shoes signed by actor Jonah Hill, and many more. The auction will be featured on CharityBuzz.com until September 13th.“For most celebrities, the shoes they wear are an important reflection of their personality and fashion taste. But for millions of adults and children around the world, their shoes are a necessity to protect them from life-threatening diseases like hook worm,” said Kevin Goughary, CEO of Soles4Souls. “This auction is a perfect example of one person’s shoes being able to make a real world difference is someone else’s life.”The complete list of celebrities with autographed shoes include: Taylor Swift, Chase Crawford, Ryan Seacrest, Jessica Simpson, Camille Grammar, Kris Jenner, Brooke Shields, Curtis Stone, Kathie Lee Gifford, Hoda Kotb, Melissa Rivers, Ice T, Al Roker, Matt Lauer, Billy Bush, Andy Cohen, Brian Williams, Alison Sweeney, Yoko Ono, Shaun T, Jean Chatzky, Ann Curry, Jeannie Mai, Megan Alexander, Colin Ford, Sara Haines, Jonah Hill, Martin Lawrence, Bill Engvall, Michael McDonald, Questlove, Kip Moore, Jimmy Fallon, Jason Bateman, and Tom Brokaw.For more information on the auction and how to bid, or to find out how you can get involved in Soles4Souls, visit www.giveshoes.org.last_img read more

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Jennifer Lopez Dazzles At Celebrity Fight Night XIX

first_imgOn Saturday, March 23, 2013 stars and athletes from around the country converged on the J.W. Marriott Desert Ridge Resort & Spa in Phoenix, Arizona for Muhammad Ali’s Celebrity Fight Night XIX.The evening opened with the singing of the National Anthem by the Phoenix Boys Choir in which a rare Bald Eagle was released into the room. GRAMMY Award winning leading lady of country music Reba McEntire returned for her eighth year as emcee, kicking off the night by introducing a special performance by Steve Martin & The Steep Canyon Rangers. With Muhammad Ali on stage, international superstar Jennifer Lopez, actor and musician Steve Martin, and philanthropist and owner of the Washington Companies Dennis Washington, were honored with the 2013 Muhammad Ali Celebrity Fight Night Awards. The awards portion of the evening concluded with a special video tribute to Muhammad and Lonnie Ali from legendary musician Paul McCartney.Following the awards guests were treated to a host of performances under the direction of the multiple GRAMMY Award-winning songwriter and producer David Foster, who returned for his 14th consecutive year as the evening’s Musical Director. Performers included Billy Ray Cyrus who sang “Hillbilly Heart,” “Achy Breaky Heart,” and “Johnny B. Goode,” along with American Idol finalist Haley Reinhart who sang her rendition of “Bennie and The Jets.” Actress and musician Rita Wilson returned to the Celebrity Fight Night stage to perform “Personally,” followed by the winner of The X Factor, Tate Stevens, who sang “I Got This,” and “Power of a Love Song” for the crowd. Andrea Bocelli gave an unforgettable performance including songs “Ave Maria,” “Funiculì, Funiculà,” Elvis Presley’s “Love Me Tender,” “O sole mio,” “Con Te Partirò,” and a special duet of “Quizás Quizás Quizás” with Jennifer Lopez, marking the first time the duo have ever performed together. Jennifer Lopez closed out the evening with incredible performances of “Get Right,” “Love Don’t Cost a Thing,” “Club Tropicana,” “Let’s Get Loud” and “On the Floor.”The black tie event also featured cocktails, a silent auction, an elegant dinner and an exciting live auction featuring one-of-a-kind luxury items. The live auction featured a dinner with Reba McEntire at her Beverly Hills, CA home, with special guests Tom Hanks, Rita Wilson and David Foster, which went for a total of $800,000 – two bidders paying $400,000 each. Tom Hanks also threw in two tickets to his upcoming Broadway show “Lucky Guy” plus a backstage meet and greet via phone to seal the bids. Also included in the auction was a week long trip to Tuscany plus a special VIP performance by Andrea Bocelli followed by a private dinner with the musician himself, which sold for $550,000. Celebrity Fight Night XIX raised a total of $7.2 million benefiting the Muhammad Ali Parkinson Center at Barrow Neurological Institute in Phoenix, as well as several other worthy charities. Each year dozens of celebrity guests attend the event that has raised $87 million dollars in 19 years.Additional celebrity guests included Billy Crystal, Yank Barry, Jerry Colangelo, Bo Derek, Keith Harkin, Evander Holyfield, Mannie Jackson, Michael Johns, Nancy Lieberman, Mario Lopez, Nick Lowery, Harvey Mackay, Joe Manganiello, Sam Moore, Frankie Muniz, Lute Olson, Chris Rich, Ralph Sampson, Kevin Sorbo, Verne Troyer, Kenny Williams and many more.last_img read more

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Shelter Me Film Proceeds To Go To Charity

first_imgEvery year, 3 to 4 million dogs and cats are euthanized in the United States. But groups across the country are working with their local shelters to get more people involved to help these homeless animals. Their stories are told in the inspiring film, SHELTER ME, which premieres at Redbox kiosks this week.All proceeds from SHELTER ME rentals between April 23rd through April 29th will benefit Ellen DeGeneres’ Halo Pet Foundation, whose mission is to enhance the well-being of pets and the people who love them. This unprecedented partnership will help to raise funds to help shelter pets and educate people about rescue.SHELTER ME can be found at Redbox here.“I believe that by working together, we can find good homes for the millions of homeless and abandoned pets out there,” says Ellen DeGeneres.“We’re honored to support the Halo Pet Foundation and everything they do to promote the well-being of pets and their owners,” said Anne Saunders, president of Redbox. “We hope all pet lovers take the opportunity to watch ‘SHELTER ME’ this week, and in the process, help us contribute to this important cause.”SHELTER ME is hosted by Katherine Heigl (Grey’s Anatomy, Knocked Up) and sponsored by talk-show host Ellen’s natural pet food company Halo, Purely for Pets. The film celebrates shelter pets with positive and uplifting stories and shows how people’s lives are improved when they adopt these animals.SHELTER ME, which is distributed by Virgil Films, focuses on how shelter pets are helping war veterans cope with PTSD (post-traumatic stress disorder). Filmmakers also go inside a women’s prison, where inmates train shelter dogs to become service animals for people with disabilities. And we see the journey of two stray dogs, from the day they are picked up on the streets and brought to a shelter until the day they become beloved family pets.SHELTER ME, which was produced and directed by award-winning filmmaker Steven Latham (NOVA: Saved by the Sun, TED: The Future We Will Create), is about second chances, hope, helping others and making a difference – and about how dogs are truly man’s best friend.Source:PR Newswirelast_img read more

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Law Order SVU Actress Stephanie March Travels To Nepal With The World

first_imgWorld of Children Award Celebrity Ambassador Stephanie March recently traveled to Nepal to observe firsthand how the World of Children Award has impacted the lives of vulnerable children there.Stephanie March and World of Children Award Co-founders Harry Leibowitz and Kay Isaacson-Leibowitz with group of children at the Hospital and Rehabilitation Centre for Disabled Children in Nepal Credit/Copyright: Michael CrookOn her journey, Stephanie, along with World of Children Award Co-Founders Harry Leibowitz and Kay Isaacson-Leibowitz, stopped in Kathmandu to meet children who are walking for the first time, thanks to 2011 World of Children Award Honoree Dr. Ashok Banskota. They spent time at the Hospital and Rehabilitation Centre for Disabled Children (HRDC), a world-class center run by Dr. Banskota and his team that treats children for everything from club foot to tuberculosis of the spine. Children come to the HRDC from all over the country to receive treatment for a wide variety of orthopedic disabilities.Stephanie visited the outpatient clinic and inpatient wards, and later stopped by the HRDC’s prosthetics workshop and other support facilities. However, the highlight of her visit was meeting 150 children who have not only received treatment for their disability, but hope for the future.The World of Children Award, often referred to as the Nobel Prize for child advocates, sets the gold standard for child advocacy by providing funding and recognition for the most effective change-makers for children worldwide. In its 15 year history, The World of Children Award has invested $5 million in programs led by 95 honorees serving vulnerable children in 140 countries.For more information on the World of Children Award, click here.last_img read more

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Mark Ronson To Return As Host For The Other Ball

first_imgMark Ronson, the incredibly talented Producer and Artist, will host The Other Ball, bringing along some of his enlightened musical friends in a collaboration with amazing Musical Director and Super Producer Jeff Bhasker to create a magical experience on Wednesday June 4th 2014 in London.The Other Ball is an annual London event designed to raise funds to protect at risk children in India and Africa from adversity and exploitation. During this amazing evening kindred souls will come together to transcend the machine and lift the spirit to bring hope to these children.Musical performances will be conducted by Florence + The Machine, Lily Allen, Rudimental, Blood Orange and others.Interbrand, the world’s leading brand consultancy, is pleased to announce that Global Chief Executive Officer, Jez Frampton, is being honored at The Other Ball in London. Frampton will be lauded for his long-time dedication to Corporate Citizenship and for the positive impact his leadership has had on the business world.The Other Ball is organized by Arms Around The Child, an organization which raises funds to protect at-risk children in India and Africa.Frampton is being honored along with Angelique Kidjo, the Grammy Award-winning singer, co-founder of Batonga and UNICEF Ambassador.“I am humbled to be honored alongside Angelique Kidjo at The Other Ball,” noted Frampton. “Given my genuine passion for both music and driving positive change, I am delighted to join Leigh Blake and the team at Arms Around The Child for an evening that aims to provide at-risk children in India and Africa with something every human being deserves — a safe and loving childhood.”The event takes place at One Mayfair, North Audley Street, London. To find out more, click here.last_img read more

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Prince Harry Reveals His Shame On World AIDS Day

first_imgPrince Harry has revealed his shame – and a host of other celebrities have joined him.Video: #feelnoshame Prince HarryPrince Harry has helped launched the #FeelNoShame campaign for his charity, Sentebale. In support of children in Lesotho who feel too ashamed to tell anyone they have HIV, this World AIDS Day is a day that no one feels any shame about their secrets.The campaign is asking people to reveal their secrets to help raise awareness of the stigma attached to HIV in Lesotho, where more than 37,000 children are HIV positive.“Today, World AIDS Day, my secret is, believe it or not, I get incredibly nervous before public speaking, no matter how big the crowd or the audience,” said Prince Harry in his video. “Despite the fact that I laugh and joke all the time, I get incredibly nervous, if not anxious, actually, before going into rooms full of people when I’m wearing a suit. Now that I’ve confessed that, I’ll probably be even more worried that people are looking at me. But, thank you very much for everyone who’s taken part, and I must encourage as many people to get involved as possible.”Other stars to take part in the campaign include Nicole Scherzinger, Paloma Faith, Joss Stone, Charley Boorman, Jools Holland, Antony Cotton, and more.Sentebale’s aim is to transform the lives of Lesotho’s orphans and vulnerable children. Founded by Prince Harry, and Lesotho’s Prince Seeiso, Sentebale works with grass roots community organisations to deliver long term help and support.To find out how you can join the campaign, click here.last_img read more

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Speakers Announced For Girl Up Leadership Summit

first_imgThe United Nations Foundation’s Girl Up campaign has announced the speakers for its 5th annual Girl Up Leadership Summit, the only summit that is by girls, for girls.The Leadership Summit will bring together 275 passionate girl advocates from around the world from July 11-13, 2016 in Washington, DC.Speakers at this year’s Leadership Summit will include: • Kate Gilmore, UN High Commissioner for Human Rights • Rosie Rios, Treasurer of the United States • Ashley Graham, Model, Designer and Activist • Dr. Jen Welter, First Female Coach in the NFL, Arizona Cardinals • Yara Shahidi, Philanthropist, Scholar, Actress known for her role on black-ish • Kat McNamara, Girl Up Champion, Actress known for her role on Shadowhunters • Marley Dias, Founder, #1000BlackGirlBooks • Monique Coleman, Girl Up Champion, Actress known for her role in High School MusicalThis year, Girl Up Leadership Summit attendees come from 33 U.S. states and territories, and 9 countries including Rwanda, Saudi Arabia, and Singapore. For the first two days, attendees will participate in leadership training, learn from influential speakers, and engage in skills-based workshops. On the third day these young female leaders will put those skills into action, meeting with Members of Congress during an official lobby day on Capitol Hill.“This year’s Girl Up Leadership Summit is our biggest one yet, and I am thrilled with the lineup of speakers that our passionate girl advocates will get to hear from and learn from,” said Melissa H. Kilby, Director of Girl Up. “As the only summit that is by girls, for girls, we strive to empower, educate and embolden the potential of every girl in attendance. Hearing from powerful leaders such as Kate Gilmore and Rosie Rios, as well as peers such as Marley Dias, will help ensure every girl leaves the summit knowing she has the power and the skills to change the world.”For more information on the Leadership Summit visit GirlUp.org/Summit.last_img read more

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MTV Ramps Up Its First Ever Midterm Election Campaign

first_imgTo mark National Voter Registration Day, MTV is ramping up its first-ever midterm election campaign “+1 the Vote,” to harness the power of friendship and ignite the most powerful voting bloc in the country.Video: +1 The Vote with MTVBeginning today, MTV will unveil PSAs featuring celebrities like PRETTYMUCH, Nicole “Snooki” Polizzi, Frankie Grande, Erica Mena and more, that enlists audiences to bring a friend to the polls and vote. Additionally, in a company-wide PSA, Viacom networks will highlight iconic friendships including MTV’s Nicole “Snooki” Polizzi and Jenni “JWOWW” Farley, VH1’s Snoop Dogg and Martha Stewart, Comedy Central’s Abbi Jacobson and Ilana Glazer, and Nickelodeon’s SpongeBob and Patrick Star, encouraging viewers to tag their +1s.Based on research which suggests that social influence is a strong motivator in voter turnout, the cornerstone of this campaign is the +1 the Vote Registration Tool, a first-of-its-kind digital experience which enables young people to register to vote and activate unregistered friends to join them November 6th at the polls.Leading up to Election Day, MTV and Civic Nation’s #VoteTogether – will supercharge youth voter participation through events at the polls across all 50 states. Additionally, MTV News will roll out a series of videos featuring leading artists and celebrities breaking down the importance of the midterm elections, as well as a series highlighting young candidates across the country. MTV will host a concert on November 6th after the polls close to celebrate young people turning out the vote.“+1 the Vote” was developed based on MTV/AP-NORC research showing that young people feel a renewed sense of empowerment in their ability to impact politics — 48% of 15-22-year-olds feel they have at least some effect on the government, up from 33% in March – and that friendship is a powerful driver of voter turnout. Further MTV research found that that 76% of young people think inviting friends to the polling station is an effective way to encourage others to vote, while 70% think posting about voting on social media is also effective.Visit plus1thevote.com for more information.last_img read more

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Jesse Wente awarded firstever Reelworld Reel Activist award

first_imgFor its 17th edition, Toronto’s Reelworld Film Festival will introduce an award that salutes industry players committed to activating change on-screen and off.The first-ever Reelworld Reel Activist Award goes to Jesse Wente, an Ojibwe broadcaster and film programmer who is known for, well, keeping it real. A CBC Radio columnist who next month will step down from his post as the head of TIFF Cinematheque, Wente is an outspoken advocate for Indigenous rights and First Nations, Métis and Inuit art.Reelworld, which runs Oct. 11 to 15 at various downtown venues, is dedicated to empowering underrepresented voices and showcasing films that inspire social change. Advertisement Wente will accept his award following the festival’s closing-night screening of Susan G. Enberg’s In Jesus Name. Full program information is available at reelworld.ca.SOURCE:  GLOBE AND MAIL Advertisement Jesse Wente – Nadya Kwandibens/Redworks Photography Facebookcenter_img Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Twitterlast_img read more

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CBC Radio personality Arthur Black dead at age 74

first_imgArthur Black died Wednesday, months after being diagnosed with pancreatic cancer. (CBC) Facebook LEAVE A REPLY Cancel replyLog in to leave a comment Arthur Black, the humorist and former CBC Radio host, has died aged 74 after being diagnosed with pancreatic cancer.His partner, Lynne Raymond, confirmed he died at Lady Minto Hospital on Salt Spring Island, B.C., on Wednesday.“It will come as no surprise to those who have been fans of Arthur’s work that he faced it all with his own unique combination of defiance and good humour,” said Chris Straw, Black’s longtime producer, in a statement on behalf of the family. Advertisement Advertisementcenter_img Twitter Login/Register With: “The family is very grateful for the overwhelming messages of support and good wishes received during his struggle with pancreatic cancer.”Arthur Black, seen in a 2002 news piece about his retirement, announced last month he was dying of pancreatic cancer. (CBC)Black wrote on his blog about being diagnosed with what he called “the Mike Tyson of Cancers.”“So what’s it like to get what amounts to a diagnosis of ‘terminal’ from your doctor?” he wrote. “Like getting smacked by a giant Nerf bat, initially. It rocks you back on your heels and yet it doesn’t hurt. Not yet.” Advertisementlast_img read more

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WHISTLER FILM FEST AFTER DARK

first_img Twitter Advertisement The Whistler Film Festival always offers the chance to catch a few highly touted films before they hit the multiplex, with Mary Queen of Scots (starring Saoirse Ronan and Margot Robbie) and If Beale Street Could Talk (from Moonlight director Barry Jenkins) among this year’s big-ticket items. But it’s the under-the-radar product that WFF does best. Here are three recommendations to get your chilled-out festival started. The Whistler Film Festival runs from Wednesday to Sunday (November 28 to December 2).Never Be Done: The Richard Glen Lett Story(Canada)Local standup comedian Richard Lett lost an upwardly mobile career to alcoholism and drug abuse, which this doc captures in gruesome detail, rock bottom included. By the time filmmaker Roy Tighe began pointing his camera at Lett in 2009, he’d been banned from every club in the city except one. Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Advertisementcenter_img Lett’s infamous bit “The Ballad of Bobby Pickton” is perhaps the stress test here for the curious. As an expression of all the rage and disgust that Lett would habitually turn on himself and everyone else, it’s painfully true, if you have the stomach for it. Homelessness and psychosis would follow as the abuse wore on and the gigs dried up, but this is a redemption story, and a particularly poignant one for Vancouverites familiar with some of Lett’s local contemporaries who line up to either praise or condemn the man. (The Straight’s Guy MacPherson sticks to the facts.) Facebook Papa and daughter get matching tats in the doc Never Be Done: The Richard Glen Lett Story. Login/Register With:last_img read more

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LADNER BUSINESS OWNERS SAY THEYRE FED UP WITH FILM CREWS OUTSIDE THEIR

first_imgAdvertisement Facebook Login/Register With: Store owners in Delta’s Ladner Village say filming movies and TV shows in the community is becoming bad for business, and are accusing the city of not listening to their concerns.Crews have taken over sections of Delta Street and 48 Avenue this week to film the upcoming final season of Supernatural, which has been filming in the community and other parts of the Lower Mainland for much of its 11-season run.The village has become something of a hotspot for film crews seeking a small-town feel for other international productions. LEAVE A REPLY Cancel replyLog in to leave a comment center_img Twitter Advertisement Advertisementlast_img read more

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Some looking to bring party politics to Northwest Territories

first_imgAPTN National NewsThe Northwest Territories has no parties, well at least not of the political kind.The territory uses a consensus style of government but some people want to change that.APTN’s Cullen Crozier has the story.ccrozier@aptn.calast_img

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Watch Prime Minister Trudeaus address to the AFNs Special Chiefs Assembly here

first_imgAPTN National NewsNot only is Prime Minister Justin Trudeau signalling the need for a new relationship between the Crown and First Nations peoples, he’s also the first sitting leader to address a gathering of Chiefs.Trudeau spoke to about 1,300 people today in Gatineau, QC, across the river from Parliament Hill.last_img

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Read full text of Canadian Human Rights Tribunal decision here

first_imgAPTN National NewsBelow is the complete text of the Canadian Human Rights Tribunal decision on the discrimination complaint brought by the First Nation Child and Family Caring Society and the Assembly of First Nations.Download (PDF, Unknown)last_img

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King of Rock n Rolls granddaughter drops in on NoDAPL supporters in

first_imgTina House APTN National NewsThe movement started by the Standing Rock Sioux Tribe is attracting people from around turtle island.That includes politicians, movies stars and even a visit from the granddaughter of the King of Rock ‘n’ Roll.According to the Morton County Sheriff’s Department, people from 43 States and Canada have been arrested for various activities at the pipeline frontline.thouse@aptn.calast_img

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Cineplex signs 4DX deal to expand the technology across the country

first_imgTORONTO – Cineplex Inc. says it has signed an agreement with immersive cinema company CJ 4DPLEX Co. Ltd. to bring 4DX technology to 13 cinemas.The deal with Seoul-based CJ 4DPLEX will mark the first time Cineplex will deliver 4DX’s motion, wind, fog, rain, lightning, snow, bubbles, vibration and scent features to theatre seats in markets outside of Toronto.Cineplex says it will announce cities that will receive 4DX cinemas in the coming months, but is looking at cities like Vancouver and Montreal.Cineplex’s Scotiabank Theatre Chinook in Calgary will be among the first of the theatres to be outfitted with the technology.The CJ 4DPLEX deal comes days after Cineplex announced it is partnering with technology company VRstudios Inc. to bring between 30 and 40 virtual reality installations to Canada.The company has recently been pushing to diversify its business beyond movie theatres in order to combat box office volatility, streaming services including Netflix and dips in audience numbers.Companies in this story: (TSX:CGX)last_img read more

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Binny Bansal out as CEO of Flipkart Group

first_imgNEW YORK — The co-founder of Flipkart, the massive online retail operation in India acquired by Walmart this year, has stepped down as CEO following an allegation of serious personal misconduct.Walmart, which purchased a $16 billion controlling stake in Flipkart Group in May, the largest single investment in its history, said Tuesday that an independent investigation done on behalf of both companies did not find evidence corroborating the allegation against Binny Bansal, but it did reveal lapses in judgment on his part.Walmart cited “a lack of transparency, related to how Binny responded to the situation.”Kalyan Krishnamurthy, who took over as CEO of Flipkart in 2017, will continue in that role.Binny Bansal and Sachin Bansal —who are not related — founded Flipkart, India’s largest online retailer, in 2007.Walmart believes India, which has more than 1 billion people, could be among the world’s top five e-commerce markets within the next five years. Flipkart appeals to its customers for numerous reasons, including its various payment options. The company focused early on mobile phones, and in 2016 became the first app in India to reach 50 million users.Bangalore-based Flipkart has acquired a string of other companies in recent years, from fashion e-commerce company Myntra to mobile payment firm PhonePe. Its supply chain arm, eKart, serves hundreds of cities and makes at least 500,000 deliveries daily.Retailers based outside of India, including Walmart, have faced years of political resistance to opening outlets in the country, where mom-and-pop store owners wield enormous influence. Prior to Flipkart, Walmart’s business in India was focused only on selling items directly to small businesses though its Best Price stores.The Flipkart acquisition gives Walmart far more influence in India — both politically and economically.The Associated Presslast_img read more

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Exhead of New Yorks Polytechnic Institute faces sentencing

first_imgNEW YORK — The ex-president of the State University of New York’s Polytechnic Institute is facing sentencing in the corruption of Gov. Andrew Cuomo’s “Buffalo Billion” economic redevelopment program.Alain Kaloyeros (uh-LAYN’ kal-oh-YEHR’-ohs) was the school’s president when the Democratic governor tapped him to help a quest to create high-tech jobs in upstate New York.Prosecutors seek substantial prison time at Tuesday’s sentencing. Defence lawyers want leniency.Kaloyeros was convicted in July of conspiracy and wire fraud after prosecutors presented evidence that the bidding process for the project was rigged to benefit a Buffalo developer and a Syracuse development company.Federal sentencing guidelines call for a prison term of over 11 years, but even the government concedes that is too much for a fraud that stretched from 2013 through 2015.Larry Neumeister, The Associated Presslast_img read more

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