finance pronunciation

On-line Driving Programs – RoSPA Office Security Weblog

Within the UK, one of many few progress sectors through the COVID-19 pandemic has been transportation providers and specifically, meals supply.

By the tip of March 2020, income within the UK on-line groceries supply phase was up by 11.5% in contrast with Jan-March within the earlier yr. Regardless of the quantity of visitors on our roads falling to ranges not seen since 1955 through the pandemic, the variety of individuals driving for work to ship meals and different gadgets has elevated.

In the identical month, Tesco added greater than 200 new vans and employed one other 2,500 drivers. Different supermarkets corresponding to Morrisons adopted swimsuit and created an additional 3,500 short-term positions to assist handle the elevated demand through the pandemic, with many smaller meals retailers and eating places quickly creating their capability to do dwelling deliveries.

The coronavirus pandemic has introduced enormous modifications to the way in which we work, with report numbers of individuals working from dwelling and an elevated reliance on supply drivers to assist handle self-isolation. There’s a good motive to imagine that a few of these modifications could be everlasting.

What classes does COVID-19 present for security and fleet managers?

In our globalized, interconnected world we can’t rule out an identical occasion to COVID-19 going down sooner or later. So it is vital that fleet managers construct resilience in to their group to assist handle unexpected conditions like pandemics, which vastly alter the demand for his or her providers.

A technique they will do that is by investing in on-line driver coaching which might enable a enterprise to quickly scale-up their fleet and supply operation while sustaining a dedication to the well being and wellbeing of its workers.

The significance of on-line driving programs

RoSPA supplies a collection of on-line driving programs that present sensible, versatile and handy methods for drivers to be up-skilled shortly, affordably and with out compromising on high quality. Theses on-line driving programs are handy, comparatively fast to finish and can be found 24/7 wherever on this planet.

This model of studying additionally means much less disruption to office operations and time away from core duties, along with value financial savings by sooner supply and no coach charges. Furthermore, they provide organizations a way of continuous to develop and up-skill their workforce while sustaining their advocacy for safer roads.

Driver Profiler

Driver Profiler is RoSPA’s modern on-line driver threat evaluation instrument which predicts ranges of driver security and associated threat by measuring psychometric, demographic and behavioral components that affect driver behaviour. These measures present wonderful insights into the danger posed by drivers, and permit managers to check people and make selections on the availability of applicable coaching.

On-line Driver Coaching

RoSPA’s On-line Driver Coaching course gives fleet managers an extra coaching instrument, which can be utilized as a preliminary measure to determine the place in-vehicle coaching sources might be most successfully employed, or as refresher coaching for many who have already benefited from in-vehicle coaching .

On-line Driver Security Bundle

Our On-line Driver Security Bundle is a web-based driver evaluation and coaching package deal which mixes our well-liked Driver Profiler and On-line Driver Coaching providers. This on-line resolution will permit you to fulfill your authorized responsibility of care to threat assess your fleet of drivers and observe up with important coaching to make sure all of your drivers are outfitted with key introductory information and driving expertise concept.

All of those on-line driving programs will help organizations ‘future-proof’ their coaching program ought to the flexibility to have face-to-face coaching develop into unavailable. For extra info on our suite of on-line driving programs please go to our web site, name us on +44 (0)121 248 2233 or e-mail.

Barchester Healthcare Well being & Security Staff response to Covid-19 – RoSPA Office Security Weblog

Continuity Planning?

Considering again to Monday 16th March 2020 I bear in mind getting up early. I used to be resulting from go to considered one of our houses in Tewkesbury. I used to be nearly to depart the home when an electronic mail landed from a senior Director telling us all to ‘Maintain’ all visits and be prepared for a convention name that morning. Sure, this was the beginning of the ‘Lock Down’. With the advantage of hindsight, how prepared had been we for what was about to occur subsequent?

Our administration crew has already undertaken numerous strategic planning workout routines. On the 16th March, a ”strategic govt crew” was established and a planning and response process produced – that is nonetheless a stay doc.

Workplace primarily based employees had been then requested to make money working from home. Inside a number of days we acquired studies {that a} member of employees primarily based at house had hit their head on a shelf. Perhaps time for a DSE evaluation maybe? ‘We might see it was time to leap into motion’

So how did we reply?

One of many first H&S challenges we encountered was the variety of contractors who is perhaps visiting our houses. All non-essential visits had been stopped. LOLER inspections introduced us with a number of extra challenges. LOLER engineers would usually have entry to all areas all through our houses. We deemed this ought to be classed as a vital go to and determined one of the simplest ways ahead can be to reduce the ”actions” undertaken by the engineer inside every house. We determined to allocate an space/lounge for the engineer to work in and all tools can be dropped at them, checked and put again in situ. This might keep social distancing measures and reduce the chance of cross contamination points throughout the house.

When it comes to House working, the Well being and Security crew have developed a 2 web page self-assessment which now combines DSE, lone working and fireplace security. It is simpler to make use of in its present kind and way more streamlined.

Laundry – we now have reviewed our procedures and produced a Customary Working Process (SOP) to assist handle considerations regarding contaminated gadgets

Cleansing – Provide points meant we wanted to work shortly to supply completely different sanitizers and undertake new COSHH threat assessments which are actually in place.

When it comes to cleansing rooms with confirmed or suspected Covid -19 A Customary working process was additionally produced.

Sustaining fireplace security is a crucial difficulty for all care suppliers presently. We had a lot of houses with on-going enchancment plans in place which were recognized in a Hearth Danger Evaluation. To assist reduce the onsite visits to the houses by contractors, the crew carried out a evaluate of all stay/ongoing fireplace threat evaluation actions. Every motion was assigned a RAG (crimson, amber or inexperienced) score. This helped us to establish any works classed as important (security crucial). Contractors will now solely be permitted to attend websites to finish the remedial works the place the works are deemed Security crucial.

RIDDOR reporting of Covid-19 is now reportable as a illness. That is efficient from the 5th April. The problem for us: If a member of employees did develop Covid-19, how would we all know it was because of office publicity? We now have since developed a screening questionnaire, to assist establish when a report is in reality needed

Hearth & Rescue Companies had been beginning to contact us each by means of the H&S Staff and regionally on to our houses. Completely different ranges of considerations had been raised by completely different Hearth & Rescue Companies concerning their deliberate response to 999 calls. They had been conscious of the dangers related to Covid 19. The hearth service needed to make sure the protection of their crew. They might need to know the variety of constructive Covid-19 instances and in addition suspected instances earlier than they had been capable of reply. We now have agreed working protocols in such an occasion that keep security for all.

Lastly, we’re opening a lot of new construct houses which we’d examine and assist with the registration/opening. We agreed that such inspections might be undertaken remotely with assist occurring just about.

The previous few weeks have been actually difficult. Occasions are certainly unprecedented. We now have been introduced with a lot of questions that we did not instantly have a solution to. At occasions we now have been requested to make the not possible, potential. What mattered then was that we had been decided to discover a answer, which made sense and ensured some type of enterprise continuity.

Now trying ahead, I am certain there will likely be a complete host of latest challenges and in addition new questions. We’ll proceed to supply the assist and recommendation as and when it’s wanted as we now have at all times achieved earlier than and we are going to try to turn into much more ”answer targeted” alongside the best way

Seemingly there are solutions to most questions, however solely in case you are dedicated to discovering them.

Why will we do that job I hear you ask? As a result of security – save lives and has by no means been extra essential.

Andy Hollingshead (H&S Supervisor), Lisa Harris (H&S Supervisor) and Paul Mason (H&S Director).

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With Capital Direct Residence Fairness Flexi Line™ you possibly can take what you want if you want it, and pay it down when it really works for you.

Pay again at your personal tempo minimal fee necessities.
Pay some, borrow some extra. It is an ideal approach to cope with
sudden bills or plan for desired renovations.

We Lend Cash To Householders

Renovate and improve your property, consolidate and simplify your money owed, broaden or help your small business – no matter you want the cash for, you possibly can flip your property’s worth into cash you possibly can work, plan and reside with.

Capital Direct’s speedy approvals are primarily based totally on the fairness worth of your property, so you may have your cash inside days.

May you utilize $30,000, $500,000 and even $1.5 million?
Apply on-line or name us at the moment to get accepted.

3 Easy Steps

1. Apply On-line

or name 1-800-NEW-CAPITAL (1-800-639-2274)
to speak on to a mortgage specialist.

2. Get Accredited
Your private home fairness is the important thing to your approval.

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Mortgage funds will be deposited into your checking account
inside 3 enterprise days of your approval.

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Two Dietitians Marvel What is the Healthiest Means of Consuming

September 10, 2022 · 7:00 AM

Two Dietitians Marvel What is the Healthiest Means of Consuming

A few dietitians did and big literature evaluation in search of proof that weight loss program has an impact on main well being circumstances reminiscent of weight problems, diabetes, and heart problems. Sounds attention-grabbing, and much like my very own obsessive evaluation performed between 1995 and 2005. It bothers me that “hypertension” is misspelled within the summary. For the researchers’ conclusions, you must pay $27.95 USD.

Summary from the Journal of the Academy of Diet and Dietetics:

Applicable weight loss program can forestall, handle, or reverse noncommunicable well being circumstances reminiscent of weight problems, heart problems, and diabetes. Consequently, the general public’s curiosity in weight loss program and vitamin has fueled the multi-billion-dollar weight reduction trade and elevated its standing on social media and the web. Though many dietary approaches are widespread, their common effectiveness and dangers throughout general populations will not be clear. The target of this scoping evaluation was to establish and characterize systematic opinions (SRs) inspecting weight loss program or fasting (intermittent power restriction [IER]) interventions amongst adults who’re wholesome or could have persistent illness. An in-depth literature search of six databases was performed for SRs printed between January 2010 and February 2020. A complete of twenty-two,385 SRs had been retrieved, and 1,017 full-text articles had been screened for eligibility. Of those, 92 SRs met inclusion standards. Lined diets had been organized into 12 classes: excessive/restricted carbohydrate (n = 30), Mediterranean, Nordic, and Tibetan (n = 19), restricted or modified fats (n = 17), varied vegetarian diets (n = 16), glycemic index (n = 13), excessive protein (n = 12), IER (n = 11), meal replacements (n = 11), paleolithic (n = 8), Dietary Approaches to Cease Hypertension (DASH; n = 6), Atkins, South Seashore, and Zone (n = 5), and eight different model diets (n = 4). Intermediate outcomes, reminiscent of physique weight or composition and cardiometabolic, had been generally reported. Ample proof was discovered exploring dietary approaches within the normal inhabitants. Nonetheless, heterogeneity of weight loss program definitions, give attention to single macronutrients, and rare macronutrient subanalyses had been noticed. Primarily based on this scoping evaluation, the Proof Evaluation Middle prioritized the necessity to collate proof associated to macronutrient modification, particularly restricted carbohydrate diets.


Steve Parker, MD

front cover of Conquer Diabetes and Prediabetes

Capital Direct .- Residence Fairness Loans & Mortgage Loans




























Instantaneous Mortgage Software
Mortgage Vary:







Identify:
Telephone Quantity:
E-mail:
Metropolis:

Quantity Requested:
First Mortgage Stability:
Property Values:

*$500 Finest Fee Assure Study extra








With Capital Direct Residence Fairness Flexi Line™ you’ll be able to take what you want whenever you want it, and pay it down when it really works for you.

Pay again at your personal tempo minimal cost necessities.
Pay some, borrow some extra. It is an ideal approach to take care of
surprising bills or plan for desired renovations.

We Lend Cash To Householders

Renovate and improve your own home, consolidate and simplify your money owed, increase or assist your corporation – no matter you want the cash for, you’ll be able to flip your own home’s worth into cash you’ll be able to work, plan and stay with.

Capital Direct’s fast approvals are based mostly totally on the fairness worth of your own home, so you may have your cash inside days.

May you utilize $30,000, $500,000 and even $1.5 million?
Apply on-line or name us immediately to get authorised.

3 Easy Steps

1. Apply On-line

or name 1-800-NEW-CAPITAL (1-800-639-2274)
to speak on to a mortgage specialist.

2. Get Authorised
Your own home fairness is the important thing to your approval.

3. Get Your Cash
Mortgage funds might be deposited into your checking account
inside 3 enterprise days of your approval.

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Household & mates have been recommending Capital Direct for years.

Hear what our clients must say about working with Capital Direct.

Learn newest ‘Stability’ without spending a dime!

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Dow Jones Futures Fall; Regulators Protect All SVB Deposits, But Bank Stocks Keep Tumbling

Dow Jones futures and S&P 500 futures fell Monday, while Nasdaq futures rose after a flurry of news Sunday evening. The FDIC and other financial regulators announced that all SVB Financial depositors would get access to all funds Monday, while also announcing a plan to limit the contagion. Regulators also closed embattled Signature Bank (SBNY).




X



Treasury yields plummeted while the Fed rate hiked odds faded, but bank stocks continued to sell off, including such as First Republic Bank (FRC), Western Alliance Bancorp (WAL) and Charles Schwabs (SCHW) as regulators stressed they would be no bailouts for shareholders.

President Biden will speak on the banking crisis at 9 am ET.

First Republic stock crashed more than 60% Monday morning, even after saying it got fresh funding from the Federal Reserve and JPMorgan. Western Alliance also is off over 60% as well. Schwab lost 6% despite a Citigroup upgrade. JPMorgan Chase (JPM), which found support on Friday, fell 1% even with a Wells Fargo upgrade. Bank of America (BAC) retreated 3%. The XLF financial ETF fell modestly and the KRE regional bank ETF declined sharply.

The stock market suffered big losses last week as SVB Financial (SIVB) and crypto bank Silvergate Financial (SI) collapsed, triggering intense losses for bank stocks. The major indexes sold off hard, breaking multiple areas of support during the week as many leading stocks also came under pressure.

Dow Jones Futures Today

Dow Jones futures fell 0.7% after surging more than 1% Sunday night. S&P 500 futures sank 0.4% and Nasdaq 100 futures rose 0.%. Futures are active and volatile.

The 10-year Treasury yield, which dived last week on safe-haven flows, tumbled 21 basis points to 3.48%. But the 2-year Treasury yield plunged 50 basis points to 4.9%, as the Fed rate hike odds fall.

Markets are now pricing in just one quarter-point rate hike, with a solid chance that the Fed will pause on March 22. A few days ago, markets expected 50 basis points on March 22, with at least two more quarter-point hikes after that.

Crude oil futures plunged 5%.

Bitcoin rose sharply Sunday and largely held those gains Monday morning. The cryptocurrency tumbled last week on the Silvergate and SVB collapsed.

In other news, Pfizer (PFE) will buy Seagen (SGEN) for $229 a share, with an enterprise value of $43 billion, following weeks of talks. PFE stock fell modestly while SGEN stock jumped nearly 20%. Sanofi (SNY) will acquire Provention Bio (PRVB) for $2.9 billion, or $25 a share. SNY stock was little changed while PRVB stock was more than tripled.

Remember that overnight action in Dow futures and elsewhere doesn’t necessarily translate into actual trading in the next regular stock market session.

The video embedded in this article discusses market action in depth while also analyzing JPMorgan Chase, Palo Alto Networks and META stock.

FDIC, Regulators Protect SVB Financial Depositors

Shortly after Dow futures opened, the Federal Deposit Insurance Corp. and the Federal Reserve issued a joint statement that SVB Financial’s “[d]epositors will have access to all of their money starting Monday, March 13.” They also announced that Signature Bank, which had a lot of crypto exposure, would be closed due to systemic risks. Signature Bank’s depositors will also be protected.

California regulators shut down SVB Financial and its Silicon Valley Bank subsidiary on Friday, the largest bank failure since Washington Mutual in the 2008 financial crisis.

The FDIC held an auction over the weekend for Silicon Valley Bank, with final bids due Sunday afternoon, according to multiple reports. No winner has been announced.

HSBC Holdings (HSBC) will buy SVB’s UK arm for just over $1.

Meanwhile, the Fed is creating a new financial backstop for other banks. The facility will offer loans of up to one year to banks and other institutions. They’ll have to pledge high-quality collateral such as Treasuries, agency debt and mortgage-backed securities. Notably, that collateral will be valued at par, not marked to market. Banks have been sitting on unrealized debt losses as the Fed rate hikes sent rates soaring over the past year. That was a big fact in SVB Financial’s collapse.

Hundreds of companies, including many venture capital and tech startups, have deposits or business ties to Silicon Valley Bank. There were reports that many would struggle to meet payroll without accessing accounts soon.

Notably, SVB and SBNY shareholders and certain unsecured debtholders will not be protected.

Stocks Near Buy Points

Amid a weak, volatile, uncertain market, investors should not be making new position trades and instead be mostly or entirely in cash. But keep an eye on stocks holding up near buy points. Palo Alto Networks (PANW), Facebook parents Meta Platforms (META), Ulta Beauty (ULTA), Monolithic Power Systems (MPWR) and United Airlines (UAL) are five stocks showing strength, near buy points. PANW stock has formed a handle on a long consolidation, while META stock has a new flat base. ULTA stock is finding support at key levels. Monolithic Power is working on a long cup-with-handle base while UAL stock has retreated from a buy zone.

meanwhile, apples (AAPL) has a new flat base as well. Tesla (TSLA) sold off hard this past week, but did find support at its 10-week line on Friday. TSLA stock is far from being actionable. Wolfe Research downgraded Tesla to peer perform on Monday, saying the SVB collapse added to macro pressures.

Insullet (PODD) will replace SIVB stock in the S&P 500 before Wednesday’s open. PODD stock jumped Friday night.

PANW stock is on the IBD Leaderboard watchlist. MPWR stock is on the IBD Long-Term Leaders watchlist. Monolithic Power, United Airlines and ULTA stock are on the IBD 50. Meta Platforms was Friday’s IBD Stock Of The Day.


Join IBD experts as they analyze leading stocks and market conditions on IBD Live


Stock Market Weekly Actions

The stock market started off higher but quickly reversed lower for major losses on Fed rate hikes fears and later the SVB Financial and Silvergate shutdowns.

Twice on Friday, stocks bounced as Treasury Secretary Janet Yellen expressed confidence in a “resilient” banking system. But the positive momentum quickly faded.

The Dow Jones Industrial Average tumbled 4.4% in last week’s stock market trading. The S&P 500 index sold off 4.55%. The Nasdaq composite skidded 4.7%. The small-cap Russell 2000 dived 8%.

Apple stock fell just 1.7% for the week to 148.50, holding above its 200-day line. But that’s after reversing from Monday’s intraday high of 156.30, nearly hitting AAPL’s 157.48 buy point.

The 10-year Treasury yield plunged 29 basis points to 3.69% this past week, after hitting a 2023 high of 4.09% on March 2. The 2-year yield tumbled 27 basis points to 4.59%, including 31 basis points on Friday and 48 points on Thursday-Friday.

US crude oil futures fell 3.8% to $76.68 a barrel this past week, but did rise on Friday.

ETFs

Among growth ETFs, the Innovator IBD 50 ETF (FFTY) plunged just over 6% last week, while the Innovator IBD Breakout Opportunities ETF (BOUT) slumped 3.4%. The iShares Expanded Tech-Software Sector ETF (IGV) gave up 5.7%. The VanEck Vectors Semiconductor ETF (SMH) retreated 3%, with MPWR stock an SMH holding.

Reflecting more speculative story stocks, ARK Innovation ETF (ARKK) dived 10.9% last week and ARK Genomics ETF (ARKG) 11.4%. Tesla stock is a major holding across Ark Invest’s ETFs. TSLA fell 12.3% for the week, amid fresh price cuts and safety probes. But shares edged up on Friday.

The SPDR S&P Metals & Mining ETF (XME) sold off 11.1% last week. The Global X US Infrastructure Development ETF (PAVE) retreated 7.1%. US Global Jets ETF (JETS) descended 4.8, with UAL stock a key component. The SPDR S&P Homebuilders ETF (XHB) stepped down 4.85%. The Energy Select SPDR ETF (XLE) gave up 5.3%. The Health Care Select Sector SPDR Fund (XLV) slumped 3.85% to the lowest point since October.

The Financial Select SPDR ETF (XLF) dived 8.5%, with JPMorgan and SCHW stock big holdings. The SPDR S&P Regional Banking ETF (KRE) plummeted 15.7%, its worst weekly loss since the Covid crash in March 2020. SIVB stock and Western Alliance are notable components.


Five Best Chinese Stocks To Watch Now


Market Analysis

The stock market suffered damaging losses this past week, with the major indexes selling off hard and breaking through multiple support levels. The indexes tried to bounce back from Friday’s early losses, briefly turning positive, before tumbling to fresh lows.

The S&P 500, Nasdaq composite and Russell 2000 tumbled through their 21-day lines early in the week and finished desperately below their 50-day and 200-day moving averages. The S&P 500 and Russell 2000 finished Friday below the close of the Jan. 6 follow-through days.

The Dow Jones is at its worst levels since early November.

Fed chief Jerome Powell’s signal that he favors “faster” rate hikes hit the market on Tuesday-Wednesday. But SVB Financial and crypto bank Silvergate Capital rocked banks late in the week.

A Friday morning rebound attempt fizzled as the FDIC announced SVB Financial’s failure.

If bank contagion fears grow, that would be grim for Wall Street and the economy. However, if SVB Financial’s woes are seen as isolated and broader banking fears quickly fade, that could restore overall market confidence. But that would also likely send Treasury yields and the dollar rebounding higher, with the Fed rate hike also increasing odds.

The odds of a half-point Fed rate hiked surged from 30% on Monday to over 80% following Fed chief Powell’s testimony, then fell back below 40% on Friday. The odds fell further over the weekend.

Leading stocks also sold off hard last week. A number of names held up for much of the week, but most of those were struggling by Friday’s close.

Up until Thursday, Friday’s jobs report and the upcoming March 14 CPI inflation report seemed like major events. And they are still important. A relatively tame CPI inflation rate could give Fed’s chief Powell and his colleagues the excuse they need to raise rates by only a quarter-point.

But in the very near term, Wall Street will likely take its cue from the banking sector. So pay attention to banks, from the biggest recent losers such as First Republic to broad ETFs and relative stalwarts such as JPM stock.

JPMorgan was the S&P 500’s second-best stock on Friday, even as SBNY stock, First Republic and Schwab were the worst performers. That’s a sign that investors see JPMorgan as relatively safe. But if JPM stock breaks this past week’s lows, that would be concerning.


Time The Market With IBD’s ETF Market Strategy


What To Do Now

The stock market is selling off hard amid bad news and even greater uncertainty.

This is not a healthy environment. Investors should be largely or entirely on the sidelines, waiting to see how this shakes out. If conditions clear up in a few days or weeks, new buying opportunities will arise.

Build your watchlists with a focus on the stocks showing strong relative strength. If they’re near potential buy points like META stock, Monolithic Power or Palo Alto, great. But that’s not the priority right now.

Read The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.

Please follow Ed Carson on Twitter at @IBD_ECarson for stock market updates and more.

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Dow Jones Futures Rally Ahead Of Key Inflation Report; First Republic Rebounds 43%

The Dementia/Fructose Link | Diabetic Mediterranean Diet

May 28, 2023 12:59 PM

The Dementia/Fructose Link |  Diabetic Mediterranean Diet
MRI scan of brain

Colorado researchers theorize that fructose metabolism may be the driving force behind Alzheimer’s Disease pathology. Diets high in sugar and high glycemic index carbohydrates would exacerbate the problem. Salt may also play a role. Fructose is a simple sugar (a monosaccharide) typically found in fruit, honey, and some vegetables. Table sugar is sucrose, a combination of fructose and a glucose molecule. High-fructose corn syrup (HFCS) is added to many processed foods as a bulk sweetener. From the article linked above:

An ancient human foraging instinct, fueled by fructose production in the brain, may hold clues to the development and possible treatment of Alzheimer’s disease (AD), according to researchers at the University of Colorado Anschutz Medical Campus.

The study, published recently in The American Journal of Clinical Nutritionoffers a new way of looking at a fatal disease characterized by abnormal accumulations of proteins in the brain that slowly erode memory and cognition.

“We make the case that Alzheimer’s disease is driven by diet,” said the study’s lead author Richard Johnson, MD, professor at the University of Colorado School of Medicine specializing in renal disease and hypertension. The study co-authors include Maria Nagel, MD, research professor of neurology at the CU School of Medicine.


Steve Parker, M.D

PS: The Mediterranean diet is linked to a lower risk of dementia.

front cover of Conquer Diabetes and Prediabetes

Signature Bank’s Collapse Fueled by Crypto Bets and Run on Deposits

Signature Bank, a New York bank with a big real estate lending business that had recently made a play to win cryptocurrency deposits, closed its doors abruptly on Sunday, after regulators said that keeping the bank open could threaten the stability of the entire financial system .

To some extent, Signature is a victim of the panic around Silicon Valley Bank, which regulators seized on Friday. Its closing underscores the challenges that face small and midsize banks, which often focus on niche lines of business and have a narrower base of customers than Goliaths like JPMorgan Chase or Bank of America. That leaves them especially vulnerable to old-fashioned bank runs.

Silicon Valley Bank, a lender to start-ups, imploded on Friday after some ill-timed financial decisions left it struggling to meet customer withdrawal requests — and just as slowing venture capital funding prompted fledging companies to tap their accounts more. Similarly, Signature became one of the few banks to welcome cryptocurrency deposits, just before the overheated industry blew up last year.

As word about Silicon Valley Bank’s troubles began to spread last week, business customers of Signature began calling the bank, asking if their deposits were safe. Many were worried that their deposits could be at risk because, like business customers of Silicon Valley, most had more than $250,000 in their accounts. The Federal Deposit Insurance Corporation, the entity that seized Silicon Valley, insures deposits only up to $250,000.

In announcing the closure of Signature on Sunday, regulators said that customers of both banks would be made whole regardless of how much they held in their accounts.

“Many depositors at these banks are small businesses, including those driving the innovation economy, and their success is key to New York’s robust economy,” Gov. Kathy Hochul of New York said in a statement.

But on Friday, with customers panicking about their money, Signature saw a torrent of deposits leaving its coffers, according to a person with knowledge of the matter. Its stock, along with the stocks of some of its peers, also continues to tank.

Still, the bank’s leaders expected to be able to weather the storm because the outflows had slowed by Sunday morning, the person said. When regulators told bank executives that they were effectively seizing the bank, which had 40 branches across the country, some of them were shocked. In shuttering the bank, New York bank regulators, acting in concert with the FDIC, also removed its executive team.

The demise of Signature, with assets of under $100 billion, is a blow to many of the professional services firms that have come to rely on it. The bank long specialized in providing banking services to law firms, providing escrow accounts for holding client money and other services.

Scott Shay, Joseph DePaolo and John Tamberlane founded Signature in 1999 with backing from Israel’s biggest lender, Bank Hapoalim. On a personal bio page, Mr. Shay described himself as a “thought leader, and author of several widely read books on profound issues facing the Jewish community.” The bank went public in 2004.

One of Signature’s specialties was financing the purchase of taxi medallions, which authorized holders to operate cabs. It was known in New York for providing banking services to law firms and real estate companies, and for catering to wealthy families in the area.

Its clients had included some individuals associated with the Trump Organization, former President Donald J. Trump’s company. The bank lent money to Jared Kushner, Mr. Trump’s son-in-law, and to Mr. Kushner’s father, Charles. It also helped finance Mr. Trump’s Florida golf course.

Over the past decade, Signature had begun to expand its business nationally, and to the West Coast in particular.

But Signature ran afoul of some of the same issues that led to the demise of Silicon Valley Bank, in that most of its customers had holdings above $250,000.

Regulatory filings show that more than $79 billion, or close to nine-tenths, of Signature Bank’s roughly $88 billion in deposits were uninsured at the end of last year. As of last week, Signature said more than 80 percent of its deposits were from law firms, accounting firms, health care companies, manufacturers and real estate management companies.

The bank also said its digital asset-related client deposits stood at $16.52 billion. Signature was one of the few financial institutions that had opened its doors to take deposits of crypto assets, a business it entered into in 2018.

That ended up being a fateful decision because the bottom fell out of crypto assets after the collapse of FTX and an ensuing criminal investigation. Another cryptocurrency-focused bank, Silvergate Bank, was forced to voluntarily close last week.

“This story has more to do with crypto, huge error in judgment by veteran bankers,” said Christopher Whalen of Whalen Global Advisors, who specializes in analyzing and consulting on financial institutions. “Result was the same in a deposit run.”

Christine Zhang contributed reporting.