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LOS ANGELES (CNS) - USC health officials Monday reported an "alarming" spike of 43 coronavirus cases confirmed in off-campus housing facilities, along with 100 students in quarantine due to possible exposure to COVID-19.According to Dr. Sarah Van Orman, head of USC Student Health, 14 cases were identified through general population testing among students not showing any symptoms, while 29 more were confirmed through contact tracing and testing of people showing symptoms or who were exposed to the illness."Los Angeles is at a critical juncture in public health," Orman wrote in a Monday virus update. "While no students have been hospitalized to this point, we all need to work together to protect those in our community who may be at higher risk of severe disease and prevent serious health outcomes for all. Your role in containing, or conversely, accelerating the rapid spread of COVID-19, can mean the difference between safely returning to a modified `new normal,' or having a prolonged period of remote-only academic experience and closed facilities."She urged students "in the vicinity of USC, especially those living with housemates or suite-mates," to get tested weekly through the university's "Pop Testing" program. Orman also noted that the spike in cases occurred despite restrictions on on-campus instruction and activities."It appears highly unlikely current conditions will significantly change in the weeks ahead," Orman said. "The county may grant a small number of exceptions for specific classes and other activities that cannot be delivered in a virtual setting, however, those decisions have not yet been made. Therefore, we continue to strongly discourage students from returning to the campus area until further notice."... For students who remain on or near campus in shared living arrangements, we strongly advise you to act with caution and strictly follow all guidelines for physical distancing -- six (feet) -- avoiding gatherings with other(s) outside your home, wearing face coverings around others to protect against respiratory droplets, and proceed with high adherence to hand hygiene and frequent surface contact cleaning." 2171
LOS ANGELES (AP) — The number of homeless people counted across Los Angeles County jumped 12% over the past year to nearly 59,000, with more young and old people and families on the streets, officials said Tuesday.The majority of the homeless people were found within the city of Los Angeles, which saw a 16% increase to 36,300, the Los Angeles Homeless Services Authority said while presenting January's annual count to the county Board of Supervisors.The previous tally found a slight decrease in the homeless population.Two years ago, voters passed a tax hike and housing bond to make massive investments to help solve the homeless crisis.Officials said Tuesday the same people have not remained on the streets.The Los Angeles Homeless Services Authority, a county agency, said it helped 21,631 people move into permanent housing during 2018 — a pace that could rapidly end homelessness if economic pressures had not pushed thousands more into the streets.About a quarter of the people became homeless for the first time in the past year, and about half of those cited economic hardship as the primary cause, the authority said.To catch up, cities need to overcome resistance to the placement of housing and shelters, officials said.Supervisor Janice Hahn called the numbers "disheartening.""Even though our data shows we are housing more people than ever, it is hard to be optimistic when that progress is overwhelmed by the number of people falling into homelessness," Hahn said.The Los Angeles County numbers mirror similar point-in-time tallies across California, as state officials struggle to address a lack of affordable housing. In addition, officials said, wages among lower income people have not kept up with the rising cost of living.The count found a 24% increase in homeless youth, defined as people under 25, and a 7% jump in people 62 or older.Officials estimate about 29% of people experiencing homelessness in L.A. County are mentally ill or coping with substance abuse problems.About two-thirds of all people on the streets are male, just under one-third are female, and about 2% identify as transgender or gender non-conforming. 2159

LOS ANGELES (CNS) - The Securities and Exchange Commission announced Friday that Calabasas-based Cheesecake Factory Inc. will pay a 5,000 penalty for making "false or misleading" disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition.This is the first time the SEC has brought allegations against a public company for misleading investors about the financial effects of the pandemic.According to the SEC's order, the Cheesecake Factory restaurant group said in regulatory filings in March and April that its eateries were "operating sustainably," while failing to disclose that the company was losing roughly million in cash per week and had just 16 weeks of cash remaining.The order finds that although the company did not disclose the information in its filings, the group did share the particulars with potential private equity investors or lenders as it sought additional liquidity during the public health crisis.Without admitting the SEC's findings, the restaurant company agreed to pay the penalty and to cease-and-desist from further violations of the charged provisions. In determining to accept the settlement, the SEC said it considered the cooperation afforded by the company.A Cheesecake Factory representative pointed to a disclosure form filed Friday in which the company stated it was in full compliance with the cease- and-desist order and that the company "fully cooperated with the SEC in the settlement" without admitting or denying the regulators' allegations.The order also finds that although the March filing described actions the company had undertaken to preserve financial flexibility during the pandemic, it failed to disclose that Cheesecake Factory already had informed its landlords that it would not pay rent in April due to the impacts that COVID- 19 inflicted on its business."During the pandemic, many public companies have discharged their disclosure obligations in a commendable manner, working proactively to keep investors informed of the current and anticipated material impacts of COVID-19 on their operations and financial condition," SEC Chairman Jay Clayton said. "As our local and national response to the pandemic evolves, it is important that issuers continue their proactive, principles-based approach to disclosure, tailoring these disclosures to the firm and industry-specific effects of the pandemic on their business and operations. It is also important that issuers who make materially false or misleading statements regarding the pandemic's impact on their business and operations be held accountable."Cheesecake Factory had notified its landlords that it wouldn't pay rent on April 1 due to financial complications stemming from the coronavirus outbreak. A letter sent by Chief Executive David Overton to the restaurant group's landlords -- many of which are shopping mall operators -- was released publicly in March by Eater L.A.The company has 294 restaurants in North America, 39 in California and five in San Diego County.Its largest landlord is Indianapolis, Indiana-based real estate company Simon Property Group, which provides space for 41 Cheesecake Factory locations, according to the San Fernando Valley Business Journal."When public companies describe for investors the impact of COVID-19 on their business, they must speak accurately," said Stephanie Avakian, director of the SEC's Division of Enforcement. "The Enforcement Division, including the Coronavirus Steering Committee, will continue to scrutinize COVID- related disclosures to ensure that investors receive accurate, timely information, while also giving appropriate credit for prompt and substantial cooperation in investigations." 3725
LOS ANGELES — Prosecutors say two men and two teens have been charged in the death of rising rapper Pop Smoke, who was killed during a Los Angeles home-invasion robbery in February. Los Angeles County District Attorney Jackie Lacey said in a statement Monday that Corey Walker and Keandre Rodgers were charged with murder that occurred during the commission of a robbery and burglary. The two male teens were also charged with murder and robbery in juvenile court. Their names were not released.The 20-year-old New York rapper, whose legal name is Bashar Barakah Jackson, was killed Feb. 19 at a home in the Hollywood Hills. Both Walker and Rodgers are expected to be arraigned Tuesday. 694
LOS ANGELES (CNS) - A member of a downtown Los Angeles street gang caught with thousands of dollars worth of methamphetamine packaged to resemble 14 foil-wrapped burritos was sentenced Monday to 15 years behind bars for federal drug and gun crimes.Ricardo ``Flaco'' Renteria, 48, of Colton, was also ordered to serve five years of supervised release following prison and pay a mandatory special assessment of 0.``He has a very long criminal history,'' Chief U.S. District Judge Virginia A. Phillips said from the bench. ``This was a large amount of methamphetamine -- and the way it was packaged, it was clearly for sale.''According to evidence presented at trial, Los Angeles police officers pulled Renteria over on Feb. 3, 2018, in the Angelino Heights neighborhood of Los Angeles after they witnessed him erratically and evasively driving a white Chevrolet Tahoe.Renteria consented to a search of the SUV and law enforcement found a black garbage bag on the floor behind the driver's seat. Inside the bag were 14 foil-wrapped, burrito-shaped packages containing 13.7 pounds of methamphetamine with a street value ranging from ,000 to ,000.A subsequent search revealed a fully loaded Smith & Wesson .38 Special handgun and more than 0 in cash, evidence showed. Renteria was arrested at the scene and indicted by a federal grand jury in March 2018.After a one-day bench trial in March, Phillips found him guilty of three felonies: possession with intent to distribute methamphetamine, being a felon in possession of a firearm, and possession of a firearm in furtherance of a drug trafficking crime.At his sentencing hearing, Renteria asked the judge to ``take into consideration (that) I have a family waiting for me -- and I apologize for the situation I find myself in.''But Phillips said that a significant prison sentence was necessary ``to protect the public from further crimes of the defendant.'' She also recommended that Renteria undergo a mental and physical health examination while behind bars. 2031
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