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Temps near 120 degrees in Southwest as Texas reports record highs

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A heat warning extended to parts of Southern California, including desert communities such as El Centro, Palm Springs, Twentynine Palms and Blythe Reported by CBS News 3 minutes ago.

George and Laura Bush to lead the way as SPCA of Texas celebrates 80 years

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Reported by DallasNews 24 minutes ago.

Broad Financial Allies With Bank United Becoming the 1st One-Stop Self-Directed IRA/401k Provider

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Setting up a retirement plan can be a challenge. Broad Financial & Bank United lead the way With Self-Directed IRAs and Solo 401(k)s in their new alliance.

MONSEY, N.Y. (PRWEB) July 24, 2018

Choosing the right retirement plan can be among a person's most important long-term decisions. Enter Broad Financial, an industry leader in the field of Self-Directed Checkbook IRAs, who has recently announced they are now working with Bank United to become the first and only one-stop-shop provider for Self-Directed IRAs and Solo 401(k)s. The excitement surrounding the new retirement plan choice is high.

“Broad Financial really is unique in the industry,” commented Mervyn Klein, CEO. “We were the first to open our own Trust company, which makes customer service unparalleled. Now with Bank United, clients can get their accounts and their money in their hands in record time with minimal hassle.”

According to Broad Financial, some of the highlights they now deliver through their one-stop shopping of Self-Directed IRAs and Solo 40(k)s include setting up clients’ IRA LLC; coordinating the establishment of clients’ new SD IRA at Madison Trust; coordinating the set-up of clients’ IRA LLC checking account with Bank United for no charge; and, most importantly, taking responsibility for the entire process from start to finish. Broad Financial prides itself on not only providing IRS-compliant plans but offering A+ customer service and being a phone call away to answer any questions.

Early feedback from clients has been passionate.

Pat, from Texas, recently said in a five-star review, “Fantastic in every way! I was a skeptic at first, but I was so pleasantly surprised by their service and professionalism. My agent-sales person was wonderfully helpful and always polite. I especially liked their organized binder that made dealing with the other financial institutions so much better. I wish they all could take lessons from Broad Financial.”

For more information, please visit https://www.broadfinancial.com.

About Broad Financial
Broad Financial takes the complex process of investing into alternative investments (like real estate and cryptocurrencies) and provides a simple, clear and concise road map to financial success. Customers appreciate their personal service and welcome the relief and peace of mind afforded them as they take steps to assure the financial growth and safety of their retirement accounts. Reported by PRWeb 20 minutes ago.

USD/CAD pulls away from session lows, remains in the red near 1.3160

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· *USD/CAD finds support near 1.3140.*
· *Crude oil makes a decisive recovery on Tuesday.*
· *US Dollar Index stays virtually flat on the day near 94.60.*

Despite some fluctuations witnessed in the early NA session, the USD/CAD pair remains stuck in its daily range and is struggling to determine a direction amid a lack of significant fundamental catalysts. As of writing, the pair was trading at 1.3162, losing 0.08% on the day.

Earlier in the NA session, the pair dropped to a daily low at 1.3137 after the US Dollar Index slipped below the 94.50 mark following the mixed macroeconomic data releases from the United States. Although Markit's report today showed that the manufacturing and the services sectors both showed health activity, the composite PMI and the service PMI fell short of the market expectations while the manufacturing PMI came in slightly above experts' estimates.

However, with the 10-year T-bond yield turning positive near 2.97%, the DXY retraced its losses and rose to 94.65, where it closed the previous day, to provide some lift to the USD/CAD pair.

On the other hand, the commodity-sensitive loonie is still showing some resilience against the buck amid rising crude oil prices. After closing the previous day below the $68 mark on Monday, the barrel of West Texas Intermediate added a little over $1, or 1.5%. Later in the session, the API is going to publish its weekly crude oil stock report.

*Technical outlook*

The RSI indicator on the daily chart stays flat near the 50 mark, confirming the pair's indecisiveness. On the upside, resistances could be seen at 1.3200 (psychological level), 1.3285 (Jul. 19 high) and 1.3385 (Jun. 27 high). Supports are located at 1.3120 (50-DMA), 1.3060 (Jul. 11 low) and 1.3000 (psychological level). Reported by FXstreet.com 13 minutes ago.

BOMI International Announces Changes and Additions to its Board and Leadership Positions

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The BOMI International Board of Trustees elected several new officers and Trustees, effective July 1, 2018.

ANNAPOLIS, Md. (PRWEB) July 25, 2018

The BOMI International Board of Trustees elected several new officers and Trustees, effective July 1, 2018.

With the three-year terms of many of the members of BOMI International’s Board of Trustees ending this past June, July 1 marked another milestone in BOMI’s evolution. Two Board of Trustees members have been elected to serve on the Board’s Executive Committee. Tim O’Donald, RPA®, CPM®, President of Harbor East Management Group, LLC, now serves as Vice Chairman Elect. In addition, David Pogue, BOMI-HP®, LEED-AP, Global Director of Corporate Responsibility of CBRE, has been elected to serve as Secretary/Treasurer.

“The biannual Board of Trustees and officer elections is an exciting time for BOMI International,” said Jeffrey Horn, President and CEO of BOMI International. “We look forward to working with our new Board leadership team in positioning BOMI International for continued success with a new generation of learners.”

In addition to the leadership changes, Chairman Howard Arndt welcomes new Board of Trustees members Peter MacHardy, President and Founder of PEMAC & Associates, and Jonathan “JJ” Jones, Senior Property Manager with Crescent Property Services.

“The experience both trustees bring to BOMI International is outstanding,” said Arndt. “Peter MacHardy has over 46 years of experience in property and asset management, and Jonathan ‘JJ’ Jones has over 14 years of facility and building operations management. They will undoubtedly be valuable assets to the BOMI International Board of Trustees.”

Currently, MacHardy serves as Chair of BOMI Canada’s Board of Trustees. Prior to founding PEMAC & Associates, MacHardy’s career spanned the areas of administration, project management, property management, occupational health and safety, strategic planning, and team building. He also sat on numerous nonprofit boards, such as Habitat for Humanity and Missing Children Society of Canada, as well as various commercial real estate boards.

Jones recently joined the Crescent Property Services team in Dallas, Texas, where he supervises a team of property and building service professionals. Before joining Crescent, Jones was a Senior Property Manager for Holt Lunsford Commercial, as well as an Assistant Property Manager with Hunt Oil Company. He also serves on the Dallas BOMA Board of Directors. Buildings under his management have received recognition for his property management skills. Awards include six local, five regional BOMA TOBYs, and an international top honor in BOMA International’s Office Building of the Year competition.

About BOMI International

BOMI International, a nonprofit educational organization founded in 1970, provides critical education and expertise to industry personnel with property, facility, and building systems management responsibilities. As the Independent Institute for Property and Facility Management Education, BOMI International delivers courses, certificate programs, and industry-standard designations—Real Property Administrator (RPA®), Facilities Management Administrator (FMA®), Systems Maintenance Administrator (SMA®), High-Performance Sustainable Buildings (BOMI-HP®), and Systems Maintenance Technician (SMT®)—with a proven record of increasing job performance and company efficiency. More than 40,000 industry professionals hold one or more BOMI International designations, and over 90,000 property and facility management professionals have turned to BOMI International for their continuing education, professional development, and staff training needs. To learn more, please visit http://www.bomi.org, call 1.800.235.BOMI (2664), or e-mail service@bomi.org. Reported by PRWeb 5 hours ago.

KERV Interactive (formerly Grabit Interactive Media) Has Cracked the Code for Interactive & Shoppable Video

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Grabit Interactive Media is now KERV Interactive. This is much more than a rebrand - after years of quietly building upon their patented technology, they believe they have cracked the code for interactive video engagement.

AUSTIN, Texas (PRWEB) July 25, 2018

The name KERV is derived directly from the patented technology that identifies objects in any video by their curved pixel edges. This allows each individual object in the video to be interactive.

This type of technology has been attempted before, but the team at KERV claims to have figured out the missing link. Rather than just focusing on specific products, what some call “hotspots”, every object & image within the content now becomes a “hotspot” — allowing limitless brand storytelling and e-commerce opportunities.

CEO Jon Flatt says, “Our technology allows us to leverage 12+ proprietary in-video metrics against 120+ data-driven models to create unprecedented optimization and performance. We’ve developed a proprietary eco-system exclusively for the distribution and performance of interactive video and banners - we call it the DEN - Dimensional Engagement Network.”

Flatt states that the combination of their technology UX and publisher integrations have fundamentally and dramatically increased the rate of user adoption.

The KERV philosophy is to provide true transparency with No Wall Gardening of their proprietary in-video data points. Sharing that data with clients brings their existing video content to life in more ways than one: It reinforces key components of branding/awareness campaigns, provides a sales lift by making every product shoppable, and dramatically informs and improves future video content development and personalization by understanding the user interaction data.

About KERV Interactive

KERV is a digital advertising platform built on cutting-edge patented technology that identifies objects by their pixel edges in any video stream.

Leveraging breakthrough Machine Learning techniques, KERV technology recognizes depth, dimension, and objects within a video just as the natural eye does. This enables every frame in every scene of any digital video to be an immersive, interactive experience for consumers.

The DEN (Dimensional Engagement Network) is KERV’S proprietary network of technology integrations with top distribution platforms and premium publishers. Reported by PRWeb 5 hours ago.

New images show suspect moments before Bush's former doctor killed

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Dr. Mark Hausknecht was shot to death while riding his bicycle to work Friday morning at Texas Medical Center Reported by CBS News 5 hours ago.

United States: Groundbreaking Austin Paid Sick Leave Ordinance To Take Effect This Fall - BakerHostetler

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In February 2018, the City of Austin, Texas became the first major southern city in the United States to enact a private sector paid sick and safe leave ordinance. Reported by Mondaq 6 hours ago.

Growth, new concepts in North Texas on deck for Phoenix restaurant company

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With two successful eateries in the region, Fox Restaurant Concepts is planning to open four more in the coming months. Reported by bizjournals 5 hours ago.

Venture Research Creates the Next Generation RFID and IoT Forklift Reader for the Most Demanding Warehouse and Logistics Applications

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The intelligent Forklift RFID Reader can autonomously manage a pick, drop, stack and move operation using an array of RFID and IoT sensors.

PLANO, Texas (PRWEB) July 25, 2018

Today, Venture Research, Inc., a leading global supplier of RFID and IoT solutions has announced the next generation of Industrial Forklift Readers. The Venture Research solution is designed from the ground up to withstand both indoor and outdoor harsh environments of forklift usage with its IP65 rating while incorporating the state of the art in RFID and IoT technology. With the swappable rechargeable Li-ion battery, the reader can be quickly installed to full operation in just 5 minutes on a standard type 2 or type 3 carriage forklift.

The Forklift Reader can sense its environment and autonomously manage the complete pick, drop and stack operations while providing store and forward transactions directly to the cloud via Wi-Fi or optional Cellular communications. Built-in location tracking incorporating GPS, RFID, and IoT (BLE) provides positional awareness of the forklift in real time.
An extensive array of options including support of up to 8 additional antennas, front-facing camera, Vehicle Mount Terminal (VMT) support, GPIO, CAN Bus interfacing and flexible power options round out the extensive built-in features.
Key features of the rugged RFID system for forklifts include:· IP65 rating protects from harsh environments
· Integrated RFID reader and dual antenna array in a single enclosure
· 12V to 36V integrated power conditioner/regulator for forklift provided battery power
· An integrated Li-Ion swappable rechargeable battery provides 9 hours of continuous use
· Height sensor to provide stacking and rack placement
· Front facing distance sensor for accurate pallet sensing
· Visibility indication with red, yellow and green LED indicators
· Dual band 802.11a/b/g with Enterprise Wi-Fi® support,
· RS232 console, or optional cellular connectivity
· Directly compatible with Type 2 or Type 3 carriage standards
· Built-in GPS
· Integrated positional tracking using BLE
· Supports up to 8 additional RFID antennas
· Real-time support available 24/7, 365 days

Contact Venture Research to find out what your business can achieve using the Industrial Forklift RFID Reader.

About Venture Research
For over 20 years, Venture Research Inc. has been providing end to end solutions for customers in the area of supply chain automation and asset management with specialization in RFID and IoT. The Company's products and services have been deployed in over 1,000 installations in 28 countries on 6 continents. Venture Research provides state of the art solutions to the Aerospace, Department of Defense, Manufacturing, Pharmaceutical, Distribution, Security, Document Tracking, Waste Management, and specialty tracking industries and has been an industry consultant related to the technology, processes and methodology to embed RFID and IoT sensors in existing processes. Visit: http://www.ventureresearch.com Reported by PRWeb 4 hours ago.

NPA Holdings Expands its National Footprint

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NPA Holdings, Inc. expands its business with a new office in Houston, Texas. The film and media firm is growing and influencing more markets.

FARMINGVILLE, N.Y. (PRWEB) July 25, 2018

NPA HOLDINGS, INC., a New York media firm, has opened a second office in Houston Texas this week. This company has risen from a small media firm to a nation-wide leader in film. Producers work on diverse projects, from commercial films and blockbusters, to deep films in multiple genres.

NPA holdings is a producer of feature films, which are placed worldwide. NPA Holdings has strong experience in managing diverse projects and markets, entertainment sponsorships, along with feature film and product placement integration.

Some of the films are interesting personal stories and biographies which have become more popular in the last five years. Some of the films produced by NPA have been for Motorola, the Coca-Cola Company, the Olympics, World Cup soccer, and the Super bowl.

NPA holdings is now leading film producers in the country for national and global distributions and strategic media relationships.

This media company is on the rise at a time when visual media content is moving away from traditional production models that were entrenched in Hollywood. The momentum that is pushing NPA forward is changing the film industry by allowing small to medium size businesses and screen-writers, access to high-quality films and commercial production.

For more information please contact NPA Holdings at 646-475-7979. Reported by PRWeb 4 hours ago.

2 16-year-olds die after car splits in half in Texas crash

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ATASCOCITA, Texas (AP) — Authorities in Texas say a teen driver will face criminal charges after a violent crash that split his vehicle in half and killed two 16-year-old passengers. Harris County Sheriff Ed Gonzalez says the two girls who were killed and the driver all attended Atascocita High School near Houston. The wreck happened […] Reported by Seattle Times 4 hours ago.

Permian constraints affect energy dealmaking in Texas

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Dealmaking activity in the Texas oil patch continues to lag behind other sectors amid logistical constraints in the Permian B -More-  Reported by SmartBrief 2 hours ago.

From Recruitment to Retention: Four Ways Employers Are Retaining Employees

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Express Employment Professionals franchise owners share strategies for recruiting and retention in a tight labor market.

OKLAHOMA CITY (PRWEB) July 25, 2018

In West Texas, truck drivers are earning six figures and 20-something-year-old newcomers are doubling their earnings in the oilfields after just two weeks at a junior college. Nationwide, some companies are expanding parental benefits to include egg freezing. A sandwich shop in greater Indianapolis is offering part-time workers college tuition reimbursement. A business owner in Redwing, Minnesota, rented homes to the company’s seasonal workers to alleviate housing issues.

Anecdotes like these sound extreme, but they are increasingly common—and for good reason. Pressure is building on companies across the country to do whatever it takes to retain workers. In the spring of 2018, the number of job openings in America exceeded the number of unemployed persons for the first time since December 2000, when the Bureau of Labor Statistics began reporting total non-farm job openings.

In such a tight labor market, businesses must spend significantly more energy on retention—on showing employees they are appreciated and valued—given that recruiting new employees is more difficult than ever.

Express Employment Professionals franchise owners report a range of new initiatives, which fall into four main categories:· Wages and bonuses
· Family benefits
· Education and training
· Workplace culture

Wages and Bonuses
Terri Greeno, an Express franchise owner in Crystal Lake, Illinois, finds that overtime workers are the first to see significant raises.

“Some clients have started to offer double time for overtime hours worked,” she said.

Luke Sodergren, a franchise owner in Minnesota and Wisconsin, has seen starting wages increase as much as 33 percent from 2016 to 2018.

In Covina and Santa Fe Springs, California, franchise owner Anne Woods sees employers offering sign-on bonuses and hourly workers receiving raises of up to $6 an hour.

Family Benefits
America’s largest corporations are enhancing their paid family leave policies, offering expanded leave and new benefits to more workers, including elder care—and even pet care.

As Sodergren observes, at smaller companies, this may not take the form of formal benefits, but rather “flexibility” and patience as workers grapple with day care, elder care and transportation issues. Sodergren’s office also worked with the client who opened up rental homes to seasonal workers.

Education and Training
Businesses have long invested in education and training to help their employees earn credentials and skills that will empower them do their jobs better. Now, companies are increasingly offering workers education benefits that will help them secure different jobs in the future—hoping that it will help them retain these workers at least for the short- and medium-term.

“We work with a client that has expanded their benefits to include college reimbursement for earning a bachelor’s degree,” Greeno said. “They had previously offered it only to employees working toward an associate degree.”

Wenninger added, “A local sandwich franchisee is offering tuition reimbursement for part-time associates to lure college students to work for them.”

Workplace Culture
As valuable as raises, bonuses, benefits and education can be, the most important step a business can take to retain employees is to improve the workplace culture. Saying “thank you” is both the simplest and most powerful action an employer can take.

“Personal recognition has the most dramatic impact,” Wenninger said. “We have a client who does not have the best working conditions and who has a good pay rate but not top of the scale; however, we rarely have associates leave, because the entire leadership team makes a point of getting to know everyone and letting them know how much they are appreciated.”

“My favorite thing I’ve seen done is by a client in our Red Wing, Minnesota, office,” Sodergren said. “The company created a program for new hires that looked like this: When someone new started, they are assigned a ‘quick connect buddy.’ This buddy is their one-on-one partner for the next six months. They immediately have a friend in the business, a knowledgeable ally who they can ask questions and learn from, and it gives them a wonderful experience from their first day.”

A focus on workplace culture has spurred an increase in employee appreciation days, family outings and events, special meals and other initiatives to build relationships among coworkers. It also has led supervisors to show a greater tolerance for employees’ shortcomings—tardiness, for example.

“Treat your people like gold,” Sodergren said. “Everyone is hiring, and it’s easy to walk down the street and find 10 other companies that will take a chance on you. Companies need to invest in better orientations, better leadership training and take the approach that our most important asset is our people.”

A culture of inclusion and honesty helps an employee feel more connected and therefore less likely to leave. And Sodergren and his team again emphasize that most important step: actually saying thank you.

“It’s a job-seeker’s economy, and it doesn’t look likely to change anytime soon,” said Bill Stoller, CEO of Express. “Any business that isn’t taking stock of the way it shows appreciation to its employees is behind the curve. As long as the labor market remains tight, we should expect to see even more eye-popping headline news about large raises and generous benefits. But even the extreme cases shouldn’t obscure the fact that, above all, employers must take the time to personally thank employees.”

***

If you would like to arrange for an interview with Bill Stoller to discuss this topic, please contact Sheena Karami, Director of Corporate Communications and PR, at (405) 717-5966.

About Bill Stoller
William H. "Bill" Stoller is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has more than 800 franchises in the U.S., Canada and South Africa. Since its inception, Express has put more than 6 million people to work worldwide.

About Express Employment Professionals
Express Employment Professionals puts people to work. It generated $3.4 billion in sales and employed a record 540,000 people in 2017. Its long-term goal is to put a million people to work annually. For more information, visit ExpressPros.com. Reported by PRWeb 2 hours ago.

Parchman Law Group Now Offering Appellate Court Representation in Real Estate Disputes

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Parchman Law Group is helping to solve tricky real estate disputes.

HOUSTON (PRWEB) July 25, 2018

Parchman Law Group is helping clients resolve real estate disputes.

Both appellate court and real estate law are niche fields that require expert representation to navigate. The process of appealing a court decision is very detailed, and the rules of real estate are incredibly varied – so much so that some firms refer clients directly to lawyers like Parchman Law that have experience in these fields.

“We have experience in helping clients with all kinds of real estate controversies,” says founder Jon Parchman. “This includes landlord/tenant disputes, questions on land boundaries (which are very important to resolve before constructing a fence or building), easement and covenant disputes, real estate trusts, challenges to title documents and more.”

Real estate disputes can occur for a number of reasons, such as: a divorce, a landlord/tenant fallout, or improperly measured or recently re-zoned property.

“Since real estate is so prevalent in our lives, be it a property that has been in the family for years or a husband and wife divorcing and trying to retain their fair share, these disputes can become quite emotional. The Parchman Law team is adept at managing such cases and being empathetic to the emotions that arise, while never losing sight of the end goal for our clients. We are firm, but fair,” says Parchman.

To learn more about how Parchman Law Group helps clients with real estate disputes in appellate court, visit https://www.parchmanlaw.com/appeals.

About Parchman Law Group

Parchman Law Group specializes in all aspects of family law, including: divorce, child custody, property and asset division, custody modification, and appeals. The firm’s managing partner has appeared on Dr. Phil, and the team well known across The Woodlands and Houston for its expert and diligent attention to each case.

Contact Details:

Parchman Law Group PLLC

300, 21 Waterway Ave
The Woodlands, Texas
77389

Parchman Law Group PLLC

1700 Post Oak Blvd, 2 Blvd. Place, Suite 600
Houston, Texas 77056

Phone: 713-518-1902

### Reported by PRWeb 2 hours ago.

Galleria Oriental Medicine Sponsors 2018 South US China Summit

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An industry leader in natural health sponsored one of the nation’s premiere summits.

HOUSTON (PRWEB) July 25, 2018

Representatives with Galleria Oriental Medicine announced today that it was a Golden Sponsor for 2018 US-China Summit at the Venue Ballroom Hilton Houston.

“It was an honor to be a sponsor for this prestigious event,” said Sylvia He, owner, Acupuncturist and TCM practitioner for Galleria Oriental Medicine LLC, a company with memberships with the China General Chamber of Commerce USA and the Texas Association of Acupuncture and Oriental Medicine.

The event’s theme was: Peking University and Tsinghua University, Jointly Shoulder Responsibility of Our Times - Celebrating 40th anniversary of China reform and opening up and PKU’s 120th anniversary.

The event, located at Post Oak 2001 Post Oak Blvd, Houston, featured a luncheon, followed by keynote speeches by Wendy Zhao, President of Peking University Alumni Association of Houston; Dr. Dong Wang, President of Tsinghua University Alumni Association of Houston; Amb. Qiangmin Li, Consul General of People’s Republic of China in Houston; U.S. Congressman Pete Olson; Texas State Rep. Gene Wu; Houston City Council Member Greg Travis, Rice University President David Leebron; Dr. Zhihong Xu, former President of Peking University, Dean of Peking University School of Advanced Agricultural Sciences; Jensen Shen, Director of the Greater Houston Partnership, and more.

The company spokesperson went on to point out that the event featured a variety of topics, including: Energy with a Focus on LNG; Life Science and Healthcare; Higher Education and Entrepreneurship; High-Tech and Innovation, and more. Dr. Jianpeng Ma, professor at Baylor College of Medicine and also an acupuncturist and TCM practitioner for Galleria Oriental Medicine LLC, gave a talk about the advantages of Traditional Chinese Medicine as holistic medicine, comparing to Western Medicine.

“Those in attendance walked away with valuable information; it was a pleasure being a sponsor and we look forward to being a part of more events like this in the future,” He said.

For more information, please visit http://topacu.com/about-us/ and http://topacu.com/what-we-treat/

About Galleria Oriental Medicine and Wellness Center

Galleria Oriental Medicine is the premier natural health clinic in Houston specializing in acupuncture and Chinese herbal Medicine.

Contact Details:

Sylvia He
2000 Bering Dr., STE. 270
Houston, TX 77057

Phone: (832) 818-0707

Source: Galleria Oriental Medicine and Wellness Center, also known as Top Acupuncture Reported by PRWeb 2 hours ago.

American League

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___Baltimore 7, Boston 6Minnesota 5, Toronto 0N.Y. Yankees 4, Tampa Bay 0Pittsburgh 9, Cleveland 4Oakland 13, Texas 10, 10 inningsKansas City 5, Detroit 4Houston 8, Colorado 2, 10 inningsChicago White Sox 4, L.A. Angels... Reported by New Zealand Herald 2 hours ago.

Letters: Iran, Democrats, sci-fi, healthcare, Texas House District 108, sidewalks

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Reported by DallasNews 2 hours ago.

Water is buried beneath Martian landscape, study says

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NEW YORK (AP) — A huge lake of salty water appears to be buried deep in Mars, raising the possibility of finding life on the red planet. The discovery, based on observations by a European spacecraft, generated excitement from experts. Water is essential to life as we know it, and scientists have long sought to prove that the liquid is present on Mars. "If these researchers are right, this is the first time we've found evidence of a large water body on Mars," said Cassie Stuurman, a geophysicist at the University of Texas who found signs of an enormous Martian ice deposit in 2016. Scott Hubbard, a professor of astronautics at Stanford University who served as NASA's first Mars program director in 2000, called it "tremendously exciting. Reported by SeattlePI.com 2 hours ago.

WTI retakes $70.00 and beyond, drops afterwards

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· *Crude oil prices climbed to daily highs above $70.00 on EIA report.*
· *WTI advances to multi-day peaks around $70.50 and drops later.*
· *US crude oil supplies decreased by more than 6.0 mbpd last week.*

Prices of the barrel of the American reference for the sweet light crude oil are retracing the post-EIA spike to multi-day peaks to the mid-$70.00s and returned to the current $69.70 area.

*WTI retakes $70.00 and beyond, drops afterwards*

Prices of the barrel of the *West Texas Intermediate* briefly tested peaks in the $70.50 region in the wake of the latest EIA weekly report, although the up move proved to be ephemeral for the time being.

In fact, WTI accelerated the upside after the EIA reported US crude oil inventories went down more than initially estimated by 6.147 mbpd during the week ended on July 20.

Furthermore, Weekly Distillate Stocks dropped by 0.101 mbpd and Gasoline inventories decreased by 2.328 mbpd, well above expectations.

In addition, inventories at Cushing shrunk by 1.127 mbpd, adding to last week’s 0.860 mbpd drop.

In the meantime, crude oil prices are struggling to keep the upside momentum seen in the first half of the week amidst rising cautiousness among traders over the ongoing US-China trade war and the upcoming meeting between President Trump and European Commission’s J.C.Juncker.

Further out, the persistent weakness around the greenback is also collaborating with the up move in crude oil prices.

Later in the week, Baker Hughes will publish its weekly report on the US drilling activity. Yesterday, the American Petroleum Institute reported US crude oil supplies dropped more than initially expected by more than 3.160 mbpd, also adding to the upbeat tone in prices.

*WTI significant levels*

At the moment the barrel of WTI is down 0.50% at $60.56 and a breach of $69.24 (200-hour sma) would aim for $67.67 (100-day sma) and then $67.08 (low Jul.18). On the other hand, the next hurdle emerges at $70.50 (high Jul.25) followed by $71.55 (21-day sma) and then $72.80 (high May 22). Reported by FXstreet.com 2 hours ago.
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