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BURLINGTON, N.C., July 31, 2023 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, today announced it will host an Investor Day on Thursday, September 14, 2023, in New York City, beginning at 1:00 p.m. ET and is expected to conclude by approximately 4:00 p.m. ET.
This event will highlight Labcorp's go-forward strategy from Labcorp Chairman & CEO Adam Schechter, followed by business overviews and a longer-term financial outlook. Presentations will be followed by a Q&A session.
A live webcast of the event will be available through the Labcorp Investor Relations website beginning at 1:00 p.m. ET. A replay of the webcast and supporting materials will be available after the conclusion of the event.
About Labcorp
Labcorp (NYSE: LH) is a global leader of innovative and comprehensive laboratory services that helps doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. We provide insights and advance science to improve health and improve lives through our unparalleled diagnostics and drug development laboratory capabilities. The company's more than 60,000 employees serve clients in over 100 countries, worked on over 80% of the new drugs approved by the FDA in 2022 and performed more than 600 million tests for patients around the world. Learn more about us at www.Labcorp.com or follow us on LinkedIn and Twitter @Labcorp.
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SOURCE Labcorp | https://www.wafb.com/prnewswire/2023/07/31/labcorp-host-investor-day-september-14-2023/ | 2023-07-31T12:36:38 | 1 | https://www.wafb.com/prnewswire/2023/07/31/labcorp-host-investor-day-september-14-2023/ |
HOUSTON, July 31, 2023 /PRNewswire/ -- McDermott has been awarded a project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) contract for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project from Indian Oil Corporation Limited (IOCL). The project is located at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.
The project will increase the ethylene production capacity of the naphtha cracker unit (NCU) by approximately 20 percent. The additional ethylene and propylene production will act as feed for downstream polymer units. The polymer products will be used for the manufacture of household and industrial items, including containers, automobile parts, furniture, and heavy-duty films.
"McDermott is currently executing four other projects for IOCL, including the maleic anhydride (MAH) unit at the same site, allowing us to leverage our local resources and expertise while realizing synergies," said Vaseem Khan, Senior Vice President, Global Operations. "Furthermore, the project supports the growing demand for ethylene and propylene which will reduce imports and accelerate economic development in the area."
McDermott will provide comprehensive EPCM services and overall project management for the duration of the project, which will be executed from its Center of Excellence in Gurugram, India.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this press release which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott; and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
Business Line Media Relations
Barbara Knight
Senior Director, Business Line Communications and Marketing
+971 56 403 2903
BBKnight@McDermott.com
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SOURCE McDermott International, Ltd | https://www.kwch.com/prnewswire/2023/07/31/mcdermott-selected-petrochemical-expansion-project-by-iocl/ | 2023-07-31T12:36:39 | 1 | https://www.kwch.com/prnewswire/2023/07/31/mcdermott-selected-petrochemical-expansion-project-by-iocl/ |
Forester Wilderness Ad Showcases 'A Beautiful Silence' and Partnership with the National Park Foundation
CAMDEN, N.J., July 31, 2023 /PRNewswire/ -- Subaru of America, Inc. today unveiled a new creative spot focused on the automaker's efforts to expand access to the outdoors for all. Featuring the all-new 2023 Subaru Forester Wilderness, the advertisement stars Keivonn Woodard, the Emmy-nominated, 10-year-old Deaf actor and showcases the automaker's long-standing partnership with the National Park Foundation.
In the creative, titled "A Beautiful Silence," a father and his young son, who is Deaf, drive through Yosemite National Park, with the wonders of the park's beauty surrounding them. Featuring audio elements and American Sign Language (ASL), the spot shows how the pair experience the park's natural wonders in different ways, but share the special feeling that nature brings forth.
"The outdoors are for everyone, and whether it's a trip to a national park or a walk in the woods, we believe everyone should have the opportunity to experience its beauty," said Alan Bethke, Senior Vice President, Marketing, Subaru of America, Inc. "Through our partnership with the National Park Foundation and our commitment to making safe and capable vehicles like the Forester Wilderness, we're hoping that even more people will be inspired to explore the wonders of nature, just like the father and son in our new creative."
Through the National Park Foundation's Outdoor Exploration initiative and ParkVentures program, Subaru is helping more people create life-long relationships with the outdoors. The campaign seeks to make the outdoors more accessible to communities that have been historically excluded from parks, either through a community's physical presence on public lands or through the narrative of who belongs outdoors.
Last year, with support from Subaru, ParkVentures supported the efforts of more than 55 organizations to connect more people, including those with differing abilities, to meaningful experiences in United States national parks. Subaru also developed a direct relationship with ParkVentures grantee Black People Who Hike, which aims to help address the lack of representation in parks by empowering, educating and engaging Black people in the outdoors. Subaru provided the vehicles, gear, and experiences for an enhanced retreat in Acadia National Park to help create safe, welcoming spaces and cultivate lasting relationships with the outdoors.
Subaru is the largest corporate donor to the National Park Foundation and has provided over $70 million to organizations working to conserve national parks. To learn more about the automaker's partnership with National Park Foundation and over 20 years of environmentally focused initiatives, please visit Subaru.com/earth.
The new Subaru Forester Wilderness spot, created in collaboration with agency partner Carmichael Lynch, celebrates the automaker's devotion to adventure and environmental stewardship. Beginning today, "A Beautiful Silence" will run in 30-second format on national television and be featured in 15-second format in targeted digital and social media promotions throughout August, while a 60-second version will be available on YouTube.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $300 million to causes the Subaru family cares about, and its employees have logged nearly 88,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do. For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
Media Contacts:
Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com
Adam Leiter
Corporate Communications Specialist
(856) 488-8668
aleiter@subaru.com
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SOURCE Subaru of America, Inc. | https://www.kait8.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ | 2023-07-31T12:36:42 | 1 | https://www.kait8.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ |
Adult Males are Slightly More Likely to Live with Parents Than Their Female Counterparts
58% of Gen Z Consumers Live with Family Members
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 24th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS. The Household Finances Deep Dive Edition examines the impact of household composition on consumers' ability to manage expenses and put aside savings. The series draws on insights from a survey of 4,602 U.S. consumers conducted from June 5 to June 16, as well as analysis of other economic data.
The Paycheck-to-Paycheck Landscape
In June 2023, 61% of U.S. consumers lived paycheck to paycheck, unchanged from June 2022 — as is the share of those struggling to pay bills (at 21%) — even though more middle-income consumers cited living paycheck to paycheck in June 2023 than last year. Among consumers earning $50,000 to $100,000, 65% lived paycheck to paycheck as of June 2023, compared to 60% in June 2022. Meanwhile, the shares of high-income consumers — those earning more than $100,000 annually — and low-income consumers — those earning less than $50,000 annually — living paycheck to paycheck in June 2023 sit at 45% and 77%, respectively, relatively unchanged from June 2022.
This stability in the financial situation of U.S. households indicates that consumers continue to adapt to inflationary pressures, finding ways to manage their spending and live within their means.
Household Composition Determines Financial Lifestyle
Consumers living with only a partner or spouse are likely to face less financial hardship, while those with dependents and those living with friends or housemates are more likely to live paycheck to paycheck.
The research finds that 86% of consumers live with one or more people, and one-third of paycheck-to-paycheck consumers live in households of four or more people. Consumers not living paycheck to paycheck are most likely to reside in two-person households, at 41%. Meanwhile, 49% of millennials and 55% of bridge millennials live in households of four or more people, making them the age groups most likely to reside in the largest households.
There is also a direct correlation among household size, stage of life and financial lifestyle. As household size increases, the ratio of income earners to non-earners typically falls, attributable to households with dependent children. When looking at the share of paycheck-to-paycheck consumers who live in a two-member household, the data finds that 54% do so — 7 percentage points below the sample average. Meanwhile, at 66%, consumers with children under the age of 18 are 12% more likely to live paycheck to paycheck than those without children, at 59%. Among consumers living with friends or housemates, 77% live paycheck to paycheck — the most likely to do so. This suggests that those sharing expenses with a partner or spouse fare better, that is until they have children or even parents to support.
"As household size increases, the ratio of income earners to household members typically falls, creating a higher likelihood of financial distress," said Alia Dudum, LendingClub's Money Expert. "The relationship between household income and household composition explains why many families tend to struggle financially and why millennials and bridge millennials, many of whom are in their peak child-rearing years, tend to remain financially vulnerable."
Economic Considerations Top Reason to Stay in the Family Household
Economics are the main driver for consumers to live with family longer, with 43% wanting to save money and 30% unable to afford housing independently. Besides economic reasons, consumers remain at home to maintain family ties (24%), for transitional reasons (23%), and to provide care (22%).
At one-fifth (20%), adult males are slightly more likely to live with parents than their female counterparts (18%), a phenomenon that grows significantly among those financially struggling (26% of males compared to 18% of females). At 58%, Gen Z is the generation most likely to stay with family members, with 50% citing economic reasons. Members of Gen Z living with three or more people — often familial settings — spent 22% of their income on housing, compared to 30% of those living alone or with a partner.
That said, consumers living with family members to offset expenses are not planning extended stays. For example, one-third of those consumers expect to move out in the coming year, particularly millennials and bridge millennials.
Financial Transparency Determined by Relationship Status
Financial transparency within shared households is paramount to ensure bills are paid and expenses are covered, but the transparency level depends on who consumers live with. Couples living together share financial information 87% of the time and have a joint bank account 76% of the time. Parents are also likely to discuss finances with the children residing in their household, with 45% of parents sharing financial information with their children and 34% granting them access to a shared account. Bill splitting is the most common financial interaction for consumers living with friends or housemates, at 74%. Additionally, borrowing money from other household members is a financial option many use to make ends meet, with consumers mostly engaging in this practice with parents or siblings, at 47%, and friends and housemates, at 44%.
Families and couples maintain outstanding credit card balances that are significantly higher, on average, than those of consumers who live alone. Consumers with children under the age of 18 average 50% more credit card debt than those who live alone. Families represent the lion's share of credit card spending, holding average balances of $6,300 for consumers living with a partner and $7,200 for those living with children under 18. Living with a partner or children also significantly increases a consumer's likelihood of having an auto loan or mortgage.
"With today's inflationary pressures, sharing household finances has become not only common but crucial," continued Dudum. "The increasing complexity of modern lifestyles and the rising cost of living have necessitated a shift in the way consumers approach household finances. One person solely bearing the burden of managing all financial matters has become a minority practice. Instead, couples, families, and even roommates increasingly jointly navigate their economic realities, and it's a trend that is here to stay."
To view the full report, visit: https://www.pymnts.com/study/reality-check-paycheck-to-paycheck-inflation-household-spending-shared-expenses/
Methodology
New Reality Check: The Paycheck-to-Paycheck Report — The Household Finances Deep Dive Edition is based on a census-balanced survey of 4,602 U.S. consumers conducted from June 5 to June 16, as well as analysis of other economic data. The data in this report is not intended to be a representation of LendingClub's core member base. The Paycheck-to-Paycheck series expands on existing data published by government agencies, such as the Federal Reserve System and the Bureau of Labor Statistics, to provide a deep look into the core elements of American consumers' financial wellness: income, savings, debt and spending choices. Our sample was balanced to match the U.S. adult population in a set of key demographic variables: 51% of respondents identified as female, 33% were college-educated and 38% declared incomes of more than $100,000 per year.
About LendingClub
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC. LendingClub Bank is the leading digital marketplace bank in the U.S., where members can access a broad range of financial products and services designed to help them pay less when borrowing and earn more when saving. Based on more than 150 billion cells of data and over $85 billion in loans, our advanced credit decisioning and machine-learning models are used across the customer lifecycle to expand seamless access to credit for our members while generating compelling risk-adjusted returns for our loan investors. Since 2007, more than 4.7 million members have joined the Club to help reach their financial goals. For more information about LendingClub, visit https://www.lendingclub.com.
Contact:
For Investors: IR@lendingclub.com
Media Contact: Press@lendingclub.com
PYMNTS Contact: information@PYMNTS.com
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SOURCE LendingClub Corporation | https://www.wafb.com/prnewswire/2023/07/31/lendingclub-pymnts-research-shows-86-consumers-live-with-one-or-more-people-yet-those-living-with-only-partners-or-spouses-reap-financial-benefits/ | 2023-07-31T12:36:45 | 1 | https://www.wafb.com/prnewswire/2023/07/31/lendingclub-pymnts-research-shows-86-consumers-live-with-one-or-more-people-yet-those-living-with-only-partners-or-spouses-reap-financial-benefits/ |
Forester Wilderness Ad Showcases 'A Beautiful Silence' and Partnership with the National Park Foundation
CAMDEN, N.J., July 31, 2023 /PRNewswire/ -- Subaru of America, Inc. today unveiled a new creative spot focused on the automaker's efforts to expand access to the outdoors for all. Featuring the all-new 2023 Subaru Forester Wilderness, the advertisement stars Keivonn Woodard, the Emmy-nominated, 10-year-old Deaf actor and showcases the automaker's long-standing partnership with the National Park Foundation.
In the creative, titled "A Beautiful Silence," a father and his young son, who is Deaf, drive through Yosemite National Park, with the wonders of the park's beauty surrounding them. Featuring audio elements and American Sign Language (ASL), the spot shows how the pair experience the park's natural wonders in different ways, but share the special feeling that nature brings forth.
"The outdoors are for everyone, and whether it's a trip to a national park or a walk in the woods, we believe everyone should have the opportunity to experience its beauty," said Alan Bethke, Senior Vice President, Marketing, Subaru of America, Inc. "Through our partnership with the National Park Foundation and our commitment to making safe and capable vehicles like the Forester Wilderness, we're hoping that even more people will be inspired to explore the wonders of nature, just like the father and son in our new creative."
Through the National Park Foundation's Outdoor Exploration initiative and ParkVentures program, Subaru is helping more people create life-long relationships with the outdoors. The campaign seeks to make the outdoors more accessible to communities that have been historically excluded from parks, either through a community's physical presence on public lands or through the narrative of who belongs outdoors.
Last year, with support from Subaru, ParkVentures supported the efforts of more than 55 organizations to connect more people, including those with differing abilities, to meaningful experiences in United States national parks. Subaru also developed a direct relationship with ParkVentures grantee Black People Who Hike, which aims to help address the lack of representation in parks by empowering, educating and engaging Black people in the outdoors. Subaru provided the vehicles, gear, and experiences for an enhanced retreat in Acadia National Park to help create safe, welcoming spaces and cultivate lasting relationships with the outdoors.
Subaru is the largest corporate donor to the National Park Foundation and has provided over $70 million to organizations working to conserve national parks. To learn more about the automaker's partnership with National Park Foundation and over 20 years of environmentally focused initiatives, please visit Subaru.com/earth.
The new Subaru Forester Wilderness spot, created in collaboration with agency partner Carmichael Lynch, celebrates the automaker's devotion to adventure and environmental stewardship. Beginning today, "A Beautiful Silence" will run in 30-second format on national television and be featured in 15-second format in targeted digital and social media promotions throughout August, while a 60-second version will be available on YouTube.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $300 million to causes the Subaru family cares about, and its employees have logged nearly 88,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do. For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
Media Contacts:
Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com
Adam Leiter
Corporate Communications Specialist
(856) 488-8668
aleiter@subaru.com
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SOURCE Subaru of America, Inc. | https://www.kwch.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ | 2023-07-31T12:36:46 | 1 | https://www.kwch.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ |
Proceeds to Continue Advancing Community Goals and Vital Life-Saving Initiatives for New Yorkers In Need
NEW YORK, July 31, 2023 /PRNewswire/ -- In just six months of sales, Housing Works Cannabis Co, a CAURD licensee and the first adult-use cannabis dispensary in the state of New York, has directed millions in cannabis proceeds toward some of New York City's most urgent community needs. As part of parent organization Housing Works, the dispensary's sales proceeds go directly to helping New Yorkers with healthcare, housing, job training, harm reduction, case management, advocacy for health equity and social justice initiatives, LGBTQ+ youth programs and sexual health services.
"Our goal, going back over 30 years ago through Housing Works, has been to empower New Yorkers through advocacy and bridge communities to life saving services," said Sasha Nutgent, Retail Manager at Housing Works Cannabis Co. "From the resources we've rolled out, to the brands we carefully select for our customers, everything we do here has a greater purpose and we're humbled to see the support our mission is receiving."
Sales & Consumer Trends
Within three hours of opening on Dec. 29, 2022, Housing Works Cannabis Co saw an estimated $40,000 in sales—amounting to over $1.6 million in the first month and an estimated $12 million in the first six months of operations. Conversion rates, sales and customer retention continue to be strong, with as many as 1,000 unique visitors on busy days.
Consumer trend insights from the Housing Works Cannabis Co team show that customers continue to make decisions based on potency, reflecting a need for more education on cannabis and its numerous uses. New Yorkers and tourists alike also tend to prefer sativa and sativa-leaning hybrid strains, with flower representing the top-selling product category. In addition, the team also found that those who come in seeking edibles typically look for products that promote sleep and mitigate anxiety.
Menu Expansion
More recently, the dispensary added 200 new products to its menu, bringing more options from queer-, BIPOC- and women-owned and led companies into the store for customers to discover. Housing Works Cannabis Co currently carries seven social equity brands, with more coming soon.
"One unforeseen challenge and a pain point for both retailers and customers has been product rollout," said Nutgent. "There have been major improvements with the state's product testing timeline, for example, but the feedback we still hear from some Black-owned brands is that there is not enough funding to get their products into the market."
Last month, Housing Works Cannabis Co introduced its first Black-owned brand, Brelixi—which is also woman- and queer-owned—onto its shelves. Other social equity brands include Fat Nell (women-led), The Weekenders (BIPOC-owned and -led), as well as Flamer and Drew Martin (queer-owned).
Delivery Service
With accessibility as another focal point for the nonprofit, Housing Works Cannabis Co also became the first legal cannabis delivery service to launch in the state. Handled fully in-house thanks to 30+ years of Housing Works' experience through its thrift furniture donation and pick-up program, deliveries currently account for about 5-7% of sales.
Spanning select ZIP codes in Manhattan, Brooklyn and Queens, anyone over the age of 21+ with a valid ID can secure same-day and next-day delivery slots directly on Housing Works Cannabis Co's website.
"We've seen our delivery programs over the years forge meaningful and trusting relationships between our staff and thrift store patrons," said Charles King, CEO of Housing Works. "To see the same positive dynamic emerge between customers and budtenders reflects our roots in the city, our deep understanding of New York City culture and the community trust we continue to nurture."
For more information on Housing Works Cannabis Co, please visit: hwcannabis.co
About Housing Works Cannabis Co
Housing Works Cannabis Co is a recipient of New York State's CAURD social equity license initiative and the first legal cannabis dispensary to open in the state. Founded in 2022 as a bold new extension of Housing Works' established retail outlets—which include thrift store locations across the city and a bookstore in SoHo—proceeds from Housing Works Cannabis Co go directly to the nonprofit organization's mission to end social injustices through the provisioning of lifesaving services and relentless advocacy. For thirty years, Housing Works has provided housing, healthcare and other critical services to New Yorkers affected by AIDS, homelessness, substance abuse and criminal justice system involvement. The Housing Works Cannabis Co not only generates additional funding for these services, it does so while modeling the positive role cannabis can play in our communities. Learn more at hwcannabis.co
Media Contact:
Martha N. Marshall
Grasslands: A Journalism-Minded Agency
martha@mygrasslands.com
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SOURCE Housing Works | https://www.kait8.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ | 2023-07-31T12:36:48 | 0 | https://www.kait8.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ |
HOUSTON, July 31, 2023 /PRNewswire/ -- McDermott has been awarded a project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) contract for the Naphtha Cracker Expansion (Phase II) polypropylene expansion and new ethylene derivative unit project from Indian Oil Corporation Limited (IOCL). The project is located at the Panipat Refinery and Petrochemical Complex, located 62 miles (100 kilometers) from New Delhi, India.
The project will increase the ethylene production capacity of the naphtha cracker unit (NCU) by approximately 20 percent. The additional ethylene and propylene production will act as feed for downstream polymer units. The polymer products will be used for the manufacture of household and industrial items, including containers, automobile parts, furniture, and heavy-duty films.
"McDermott is currently executing four other projects for IOCL, including the maleic anhydride (MAH) unit at the same site, allowing us to leverage our local resources and expertise while realizing synergies," said Vaseem Khan, Senior Vice President, Global Operations. "Furthermore, the project supports the growing demand for ethylene and propylene which will reduce imports and accelerate economic development in the area."
McDermott will provide comprehensive EPCM services and overall project management for the duration of the project, which will be executed from its Center of Excellence in Gurugram, India.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this press release which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott; and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
Business Line Media Relations
Barbara Knight
Senior Director, Business Line Communications and Marketing
+971 56 403 2903
BBKnight@McDermott.com
View original content to download multimedia:
SOURCE McDermott International, Ltd | https://www.wafb.com/prnewswire/2023/07/31/mcdermott-selected-petrochemical-expansion-project-by-iocl/ | 2023-07-31T12:36:52 | 0 | https://www.wafb.com/prnewswire/2023/07/31/mcdermott-selected-petrochemical-expansion-project-by-iocl/ |
Proceeds to Continue Advancing Community Goals and Vital Life-Saving Initiatives for New Yorkers In Need
NEW YORK, July 31, 2023 /PRNewswire/ -- In just six months of sales, Housing Works Cannabis Co, a CAURD licensee and the first adult-use cannabis dispensary in the state of New York, has directed millions in cannabis proceeds toward some of New York City's most urgent community needs. As part of parent organization Housing Works, the dispensary's sales proceeds go directly to helping New Yorkers with healthcare, housing, job training, harm reduction, case management, advocacy for health equity and social justice initiatives, LGBTQ+ youth programs and sexual health services.
"Our goal, going back over 30 years ago through Housing Works, has been to empower New Yorkers through advocacy and bridge communities to life saving services," said Sasha Nutgent, Retail Manager at Housing Works Cannabis Co. "From the resources we've rolled out, to the brands we carefully select for our customers, everything we do here has a greater purpose and we're humbled to see the support our mission is receiving."
Sales & Consumer Trends
Within three hours of opening on Dec. 29, 2022, Housing Works Cannabis Co saw an estimated $40,000 in sales—amounting to over $1.6 million in the first month and an estimated $12 million in the first six months of operations. Conversion rates, sales and customer retention continue to be strong, with as many as 1,000 unique visitors on busy days.
Consumer trend insights from the Housing Works Cannabis Co team show that customers continue to make decisions based on potency, reflecting a need for more education on cannabis and its numerous uses. New Yorkers and tourists alike also tend to prefer sativa and sativa-leaning hybrid strains, with flower representing the top-selling product category. In addition, the team also found that those who come in seeking edibles typically look for products that promote sleep and mitigate anxiety.
Menu Expansion
More recently, the dispensary added 200 new products to its menu, bringing more options from queer-, BIPOC- and women-owned and led companies into the store for customers to discover. Housing Works Cannabis Co currently carries seven social equity brands, with more coming soon.
"One unforeseen challenge and a pain point for both retailers and customers has been product rollout," said Nutgent. "There have been major improvements with the state's product testing timeline, for example, but the feedback we still hear from some Black-owned brands is that there is not enough funding to get their products into the market."
Last month, Housing Works Cannabis Co introduced its first Black-owned brand, Brelixi—which is also woman- and queer-owned—onto its shelves. Other social equity brands include Fat Nell (women-led), The Weekenders (BIPOC-owned and -led), as well as Flamer and Drew Martin (queer-owned).
Delivery Service
With accessibility as another focal point for the nonprofit, Housing Works Cannabis Co also became the first legal cannabis delivery service to launch in the state. Handled fully in-house thanks to 30+ years of Housing Works' experience through its thrift furniture donation and pick-up program, deliveries currently account for about 5-7% of sales.
Spanning select ZIP codes in Manhattan, Brooklyn and Queens, anyone over the age of 21+ with a valid ID can secure same-day and next-day delivery slots directly on Housing Works Cannabis Co's website.
"We've seen our delivery programs over the years forge meaningful and trusting relationships between our staff and thrift store patrons," said Charles King, CEO of Housing Works. "To see the same positive dynamic emerge between customers and budtenders reflects our roots in the city, our deep understanding of New York City culture and the community trust we continue to nurture."
For more information on Housing Works Cannabis Co, please visit: hwcannabis.co
About Housing Works Cannabis Co
Housing Works Cannabis Co is a recipient of New York State's CAURD social equity license initiative and the first legal cannabis dispensary to open in the state. Founded in 2022 as a bold new extension of Housing Works' established retail outlets—which include thrift store locations across the city and a bookstore in SoHo—proceeds from Housing Works Cannabis Co go directly to the nonprofit organization's mission to end social injustices through the provisioning of lifesaving services and relentless advocacy. For thirty years, Housing Works has provided housing, healthcare and other critical services to New Yorkers affected by AIDS, homelessness, substance abuse and criminal justice system involvement. The Housing Works Cannabis Co not only generates additional funding for these services, it does so while modeling the positive role cannabis can play in our communities. Learn more at hwcannabis.co
Media Contact:
Martha N. Marshall
Grasslands: A Journalism-Minded Agency
martha@mygrasslands.com
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SOURCE Housing Works | https://www.kwch.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ | 2023-07-31T12:36:52 | 0 | https://www.kwch.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ |
First new nuclear unit in three decades is now online, providing safe, reliable,emission-free energy for electric cooperative consumers
TUCKER, Ga., July 31, 2023 /PRNewswire/ -- Today Oglethorpe Power, on behalf of the Georgia electric cooperatives it serves, commended the safe and successful achievement of commercial operation for Plant Vogtle Unit 3, which marks a historic accomplishment for the energy industry, the state of Georgia and the entire nation. Now in service, the Unit is available for safe and reliable dispatch and will provide emission-free, baseload power for Georgians for the next 60 to 80 years.
"Nuclear energy is increasingly important to the clean energy transition, and Oglethorpe Power's significant ownership in the Vogtle construction project is a testament to the important investments we're making that drive us toward a cleaner and more sustainable energy future," said Oglethorpe Power President & CEO Mike Smith. "We understand the importance of keeping the lights on in a way that preserves both affordability and reliability – and we are proud that the clean energy generated by Unit 3 will help us deliver on that mission for years to come."
Nuclear power is a reliable, baseload energy resource. Unit 3 can generate emission-free electricity at full power 24 hours a day, seven days a week.
When Unit 4 enters service, emission-free nuclear energy will account for nearly half of the energy Oglethorpe Power generates for its member cooperatives and the 4.4 million Georgians they serve. The company's investment in the new nuclear units underscores its commitment to fuel diversity and price stability.
As one of the largest clean energy projects in the nation, Plant Vogtle Units 3 and 4 represent the first advanced commercial nuclear project in the United States in more than thirty years. Once Unit 4 reaches commercial operation, Plant Vogtle will become the largest producer of emission-free energy in the United States.
"Oglethorpe Power commends the efforts of the dedicated men and women who make up the Plant Vogtle workforce. With Unit 3 online and operating safely, homes and businesses across Georgia will be powered by reliable, emission-free nuclear energy for decades," added Smith. "Additionally, with the recent receipt of the 103(g) finding for Unit 4, the site has achieved another critical milestone toward loading fuel, which means we are one step closer to Unit 4 joining Unit 3 in safe commercial operation."
Learn more at opc.com/nuclear.
About Oglethorpe Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $16 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.4 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal generating plants with a combined capacity of more than 7,800 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 member systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com.
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SOURCE Oglethorpe Power Corporation | https://www.kait8.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ | 2023-07-31T12:36:55 | 1 | https://www.kait8.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ |
The Daily Weather Update from FOX Weather: Tropics heating up as August approaches
Start your day with the latest weather news – The southern U.S. isn't the only thing heating up this week; forecasters are watching possible areas for development in the both the Eastern Pacific and Atlantic.
Welcome to the Daily Weather Update from FOX Weather. It’s Monday, July 31, 2023, and National Avocado Day. Start your day the right way with everything you need to know about today's weather. You can also get a quick briefing of national, regional and local weather whenever you like with the FOX Weather Update podcast.
Hurricane HQ: Two areas to watch in the Atlantic; 3 to watch in the Eastern Pacific
The National Hurricane Center continues to track Invest 96L and Invest 97L in the Atlantic basin.
Forecasters say that 96L has a high chance of developing into a tropical depression by early this week. The area of low pressure is located about 750 miles east-northeast of the Leeward Islands.
(FOX Weather)
The second area, Invest 97L, is situated just off the coast of the Carolinas.
The NHC says that the area of showers and thunderstorms has a 30% chance of formation over the next two and seven days.
Depending on how either disturbance organizes, it could become a tropical depression or even Tropical Storm Emily.
(FOX Weather)
In the Eastern Pacific, forecasters are watching two other areas for possible development.
Invest 96E has a high chance for development, as the area of showers and thunderstorms is located south of the southern coast of Mexico.
(FOX Weather)
A second area is located just to the northwest of 96E. Forecasters say this area has a 20% chance of development over the next seven days.
Meanwhile, further west, the NHC has outlined an additional area for possible tropical development.
Forecasters say that the area located about 1,100 miles southwest of southern Baja California has a 10% chance of development over the next seven days.
Dangerous heat continues to bake the South, Southeast
The South and Southeast will be in for another scorching week as the brutal heat and humidity remain for millions across the southern U.S.
Heat Advisories and Excessive Heat Warnings are expected across portions of the region. The FOX Forecast Center says that heat indices will be above 105 degrees and may even reach 110–115 degrees in some spots from the Southern Plains to the Southeast Coast.
(FOX Weather)
Southwest monsoon begins ramping up
Even though the official start of the season started in mid-June, monsoon season in the Southwest finally appears to be getting into full swing, with increasing moisture that's bringing storms and possible flooding.
Storms will be more widespread, and rain chances increase each afternoon through the week across the region.
The showers and storms will bring a bit of relief from the heat to parts of the Southwest through at least midweek.
Bonus reads
Before you go, here are a few stories you might want to read.
- Soldier continues watch over Tomb of the Unknown Soldier as winds, rain lash DC area
- What are the 'dog days' of summer?
- August skygazing forecast: Month features 2 Supermoons and Perseid Meteor Shower
Need more weather? Check your local forecast plus 3D radar in the FOX Weather app. You can also watch FOX Weather wherever you go using the FOX Weather app at foxweather.com/live or on your favorite streaming service.
You can share your weather pictures and videos with us anytime, anywhere, by emailing them to weather@fox.com or by adding the hashtag #FOXWeather to your post on your favorite social media platform. | https://www.foxweather.com/weather-news/daily-weather-update-july-31-2023 | 2023-07-31T12:36:56 | 0 | https://www.foxweather.com/weather-news/daily-weather-update-july-31-2023 |
A West Fargo woman whom authorities say threatened police and kicked a medical worker in Bismarck will not spend any time in prison.
Heidi Mattern, 32, was arrested in January when police responded to a Bismarck restaurant and bar for a report of an unwanted person, according to an affidavit. Police said Mattern was unable to stand upright without staggering, physically threatened officers as they attempted to find her a ride, and later kicked a hospital emergency room worker.
Mattern while at the hospital allegedly did not know where her 11-year-old daughter was. Authorities later made contact with a woman who, at Mattern's request, had taken the girl to a sporting event while Mattern stayed at the bar, the affidavit states.
Mattern initially faced felony charges of simple assault on emergency personnel, attempting to assault a peace officer and child neglect, along with a misdemeanor disorderly conduct count. She pleaded not guilty in February.
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She recently reached an agreement with prosecutors and pleaded guilty to a misdemeanor charge of simple assault, and the other charges were dismissed, court documents show. She was given credit for two days served in jail, and ordered to undergo an evaluation and complete any recommended treatment. | https://bismarcktribune.com/news/local/crime-courts/woman-accused-of-threatening-police-assaulting-er-worker-sentenced/article_366bf352-2a6c-11ee-9a9b-ebb84138a5b6.html | 2023-07-31T12:36:56 | 0 | https://bismarcktribune.com/news/local/crime-courts/woman-accused-of-threatening-police-assaulting-er-worker-sentenced/article_366bf352-2a6c-11ee-9a9b-ebb84138a5b6.html |
Forester Wilderness Ad Showcases 'A Beautiful Silence' and Partnership with the National Park Foundation
CAMDEN, N.J., July 31, 2023 /PRNewswire/ -- Subaru of America, Inc. today unveiled a new creative spot focused on the automaker's efforts to expand access to the outdoors for all. Featuring the all-new 2023 Subaru Forester Wilderness, the advertisement stars Keivonn Woodard, the Emmy-nominated, 10-year-old Deaf actor and showcases the automaker's long-standing partnership with the National Park Foundation.
In the creative, titled "A Beautiful Silence," a father and his young son, who is Deaf, drive through Yosemite National Park, with the wonders of the park's beauty surrounding them. Featuring audio elements and American Sign Language (ASL), the spot shows how the pair experience the park's natural wonders in different ways, but share the special feeling that nature brings forth.
"The outdoors are for everyone, and whether it's a trip to a national park or a walk in the woods, we believe everyone should have the opportunity to experience its beauty," said Alan Bethke, Senior Vice President, Marketing, Subaru of America, Inc. "Through our partnership with the National Park Foundation and our commitment to making safe and capable vehicles like the Forester Wilderness, we're hoping that even more people will be inspired to explore the wonders of nature, just like the father and son in our new creative."
Through the National Park Foundation's Outdoor Exploration initiative and ParkVentures program, Subaru is helping more people create life-long relationships with the outdoors. The campaign seeks to make the outdoors more accessible to communities that have been historically excluded from parks, either through a community's physical presence on public lands or through the narrative of who belongs outdoors.
Last year, with support from Subaru, ParkVentures supported the efforts of more than 55 organizations to connect more people, including those with differing abilities, to meaningful experiences in United States national parks. Subaru also developed a direct relationship with ParkVentures grantee Black People Who Hike, which aims to help address the lack of representation in parks by empowering, educating and engaging Black people in the outdoors. Subaru provided the vehicles, gear, and experiences for an enhanced retreat in Acadia National Park to help create safe, welcoming spaces and cultivate lasting relationships with the outdoors.
Subaru is the largest corporate donor to the National Park Foundation and has provided over $70 million to organizations working to conserve national parks. To learn more about the automaker's partnership with National Park Foundation and over 20 years of environmentally focused initiatives, please visit Subaru.com/earth.
The new Subaru Forester Wilderness spot, created in collaboration with agency partner Carmichael Lynch, celebrates the automaker's devotion to adventure and environmental stewardship. Beginning today, "A Beautiful Silence" will run in 30-second format on national television and be featured in 15-second format in targeted digital and social media promotions throughout August, while a 60-second version will be available on YouTube.
About Subaru of America, Inc.
Subaru of America, Inc. (SOA) is a wholly owned subsidiary of Subaru Corporation of Japan. Headquartered at a zero-landfill office in Camden, N.J., the company markets and distributes Subaru vehicles, parts and accessories through a network of more than 630 retailers across the United States. All Subaru products are manufactured in zero-landfill plants and Subaru of Indiana Automotive, Inc. is the only U.S. automobile manufacturing plant to be designated a backyard wildlife habitat by the National Wildlife Federation. SOA is guided by the Subaru Love Promise, which is the company's vision to show love and respect to everyone, and to support its communities and customers nationwide. Over the past 20 years, SOA and the SOA Foundation have donated more than $300 million to causes the Subaru family cares about, and its employees have logged nearly 88,000 volunteer hours. As a company, Subaru believes it is important to do its part in making a positive impact in the world because it is the right thing to do. For additional information visit media.subaru.com. Follow us on Facebook, Twitter, and Instagram.
Media Contacts:
Diane Anton
Corporate Communications Manager
(856) 488-5093
danton@subaru.com
Adam Leiter
Corporate Communications Specialist
(856) 488-8668
aleiter@subaru.com
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SOURCE Subaru of America, Inc. | https://www.wafb.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ | 2023-07-31T12:36:58 | 1 | https://www.wafb.com/prnewswire/2023/07/31/new-subaru-creative-celebrates-access-outdoors-all/ |
First new nuclear unit in three decades is now online, providing safe, reliable,emission-free energy for electric cooperative consumers
TUCKER, Ga., July 31, 2023 /PRNewswire/ -- Today Oglethorpe Power, on behalf of the Georgia electric cooperatives it serves, commended the safe and successful achievement of commercial operation for Plant Vogtle Unit 3, which marks a historic accomplishment for the energy industry, the state of Georgia and the entire nation. Now in service, the Unit is available for safe and reliable dispatch and will provide emission-free, baseload power for Georgians for the next 60 to 80 years.
"Nuclear energy is increasingly important to the clean energy transition, and Oglethorpe Power's significant ownership in the Vogtle construction project is a testament to the important investments we're making that drive us toward a cleaner and more sustainable energy future," said Oglethorpe Power President & CEO Mike Smith. "We understand the importance of keeping the lights on in a way that preserves both affordability and reliability – and we are proud that the clean energy generated by Unit 3 will help us deliver on that mission for years to come."
Nuclear power is a reliable, baseload energy resource. Unit 3 can generate emission-free electricity at full power 24 hours a day, seven days a week.
When Unit 4 enters service, emission-free nuclear energy will account for nearly half of the energy Oglethorpe Power generates for its member cooperatives and the 4.4 million Georgians they serve. The company's investment in the new nuclear units underscores its commitment to fuel diversity and price stability.
As one of the largest clean energy projects in the nation, Plant Vogtle Units 3 and 4 represent the first advanced commercial nuclear project in the United States in more than thirty years. Once Unit 4 reaches commercial operation, Plant Vogtle will become the largest producer of emission-free energy in the United States.
"Oglethorpe Power commends the efforts of the dedicated men and women who make up the Plant Vogtle workforce. With Unit 3 online and operating safely, homes and businesses across Georgia will be powered by reliable, emission-free nuclear energy for decades," added Smith. "Additionally, with the recent receipt of the 103(g) finding for Unit 4, the site has achieved another critical milestone toward loading fuel, which means we are one step closer to Unit 4 joining Unit 3 in safe commercial operation."
Learn more at opc.com/nuclear.
About Oglethorpe Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $16 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.4 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal generating plants with a combined capacity of more than 7,800 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 member systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com.
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SOURCE Oglethorpe Power Corporation | https://www.kwch.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ | 2023-07-31T12:36:59 | 0 | https://www.kwch.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ |
Shiloh Christian School in Bismarck will break ground Tuesday on a $15 million expansion project aimed at addressing growth in enrollment.
The nondenominational PreK-12 Christian school has seen nearly a 13% increase in enrollment over the past four years, to about 650 students, according to Marketing and Communications Coordinator Katie Kost.
The school plans a project that will include two classroom wings, a performing arts center, and an additional gymnasium with a fitness center.
The school has been using portable classrooms to help meet space needs, according to Kost. Superintendent Todd Benson said the growth in student numbers also has made it difficult for the school to accommodate everything from weekly chapel to gym class.
“This expansion project is about expanding our capacity to serve our community,” Benson said.
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“From classrooms to dedicated performing arts spaces, our school is bursting at the seams.”
Phase 1 of the project includes new elementary classrooms and the performing arts center, at a total cost of $10 million.
The school has raised about $4.9 million in cash and pledges so far, and the immediate focus will be on classrooms so that the school isn’t forced to pause new enrollments.
“The increase in elementary enrollment means we are serving more young families and need more classrooms,” Benson said.
The plan is to complete at least one of the wings by the start of the 2024-25 school year, with the second wing and the performing arts center opening in the spring of 2025. The school could move up completion of the second classroom wing to August 2024 if the pace of fundraising allows, according to Kost.
The school needs an additional $2.5 million in donations to start work on the performing arts center. It will be named for the late Phyllis A. Peterson. Her husband, Mark Peterson, donated in honor of her lifelong commitment to fine arts education, Kost said.
Benson said that “Participation in performing arts has always been high at Shiloh — in fact more students participate in our fine arts programs than any other activity.”
The school needs to finish fundraising for Phase 1 of the project before it begins on Phase 2, the gym and fitness center, at a cost of $5 million, Kost said. The entire expansion project is scheduled to be completed by the fall of 2025.
Shiloh will hold a groundbreaking ceremony at 4:30 p.m. Tuesday. More information on the project is at bit.ly/3q5sEGb. | https://bismarcktribune.com/news/local/education/shiloh-christian-school-launching-15-million-expansion-project-groundbreaking-set-tuesday/article_707caa58-2d66-11ee-ab20-df1976600645.html | 2023-07-31T12:37:02 | 0 | https://bismarcktribune.com/news/local/education/shiloh-christian-school-launching-15-million-expansion-project-groundbreaking-set-tuesday/article_707caa58-2d66-11ee-ab20-df1976600645.html |
New Oracle Cloud Native SCCA Landing Zone solution reduces barriers to cloud adoption and enables mission owners to rapidly build compliant architectures
AUSTIN, Texas, July 31, 2023 /PRNewswire/ -- Oracle Cloud Infrastructure (OCI) has introduced a new Secure Cloud Computing Architecture (SCCA) for the U.S. Department of Defense (DoD). The solution helps make security compliance and cloud adoption for mission-critical workloads easier, faster, and more cost effective by using a framework of cloud native services.
SCCA is a DoD security framework designed to provide a standard approach for boundary and application-level security for the Defense Information Systems Agency (DISA) Impact Level 4 and 5 data hosted in commercial cloud environments. Historically, SCCA compliance has required significant investment from DoD mission owners in the form of independent development efforts and third-party software licensing. The cost and time result in a significant challenge during cloud migrations.
Oracle Cloud Native SCCA Landing Zone provides a framework for securely running DoD mission workloads and storing Impact Level 2, 4, and 5 data in OCI government regions. The automation provided by the solution enables DoD mission owners to establish a compliant security architecture in just a few hours or days, instead of months. It uses cloud native infrastructure services, significantly accelerating the time to deployment of mission critical workloads by reducing architecture time and minimizing decision points.
"Oracle Cloud Native SCCA Landing Zone is a game changer for our customers. What we are doing is fundamentally different,"said Rand Waldron, vice president, OCI Global Government Sector. "We will deliver all the capabilities necessary for SCCA completely in native OCI services. Our customers will no longer have to manage multiple licenses, multiple vendor relationships, or multiple kinds of security configurations. Our SCCA solution will provide everything the customer needs to stand up an SCCA-compliant workload in the cloud.".
Learn more about Oracle's new Cloud Native SCCA Landing Zone solution in the OCI SCCA Architecture Guide.
Simplifying and accelerating DoD security compliance
The Oracle Cloud Native SCCA Landing Zone includes baseline configurations, rules, and templates that meet DISA Impact Level 2, 4 and 5 accreditation requirements. This is delivered using a standardized Infrastructure-as-Code (IAC) template that meets a set of SCCA controls in a simplified and repeatable way. Based on Terraform, OCI Landing Zones allow OCI customers to perform one click, best-practice deployments of multiple Oracle services at once. Customers can launch the templates from the Cloud Native SCCA Landing Zone, answer a few simple questions about their configuration, and have an architecture set up same day.
The solution also addresses the four primary technical components of the SCCA framework; Cloud Access Point (CAP), Virtual Data Center Security Stack (VDSS), Virtual Data Center Management Service (VDMS), and Trusted Cloud Credential Manager (TCCM). Customers who deploy the secure baseline using the Cloud Native SCCA Landing Zone are provided with an architecture guide, implementation guide, requirements checklist, reference architecture, and best practices to accelerate the accreditation of their application on OCI.
Security, compliance, consistent high performance, and simple, predictable pricing
The Oracle Cloud Native SCCA Landing Zone script and associated technical documentation are provided at no separate or additional charge under a customer's contract. Underlying consumable cloud services used to stand up Oracle Cloud Native SCCA in a customer's tenancy may be billable in accordance with the customer's contract. Oracle Cloud for DoD services are priced at the same, consistent global pricing as Oracle's commercial public cloud regions and meet DISA Impact Levels 2, 4, and 5 and FedRAMP+ authorization standards.
Commercial customers can also take advantage of the automated security posture outlined above. All OCI customers can leverage custom security zones with the SCCA and other OCI Landing Zones that allow organizations to apply security policies and prevent changes that could weaken a customer's security configuration quickly and easily. Learn more about Oracle Landing Zones here.
Oracle Cloud Native SCCA Landing Zone scripts are available within the OCI Console, through GitHub, and from the Hosting and Compute Center (HaCC) website.
Additional Resources
- Oracle Cloud for DOD
- DISA IL5 Authorized Oracle Cloud for Government for U.S. Defense and Intelligence
- Oracle FedRAMP Authorizations
- Government Region Service Catalog
- Oracle and U.S. Defense Department continue their partnership with JWCC
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company--ushering in the new era of cloud computing.
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SOURCE Oracle | https://www.kait8.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ | 2023-07-31T12:37:02 | 1 | https://www.kait8.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ |
Digital WorldEuropeHow the EU wants to regulate AITo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoDigital WorldEurope07/29/2023July 29, 2023The so-called AI Act takes aim at regulating the use of artificial intelligence within the European Union. But will this hinder efforts to innovate with the new technology?https://p.dw.com/p/4UV7IAdvertisement | https://www.dw.com/en/how-the-eu-wants-to-regulate-ai/video-66374800 | 2023-07-31T12:37:04 | 0 | https://www.dw.com/en/how-the-eu-wants-to-regulate-ai/video-66374800 |
Proceeds to Continue Advancing Community Goals and Vital Life-Saving Initiatives for New Yorkers In Need
NEW YORK, July 31, 2023 /PRNewswire/ -- In just six months of sales, Housing Works Cannabis Co, a CAURD licensee and the first adult-use cannabis dispensary in the state of New York, has directed millions in cannabis proceeds toward some of New York City's most urgent community needs. As part of parent organization Housing Works, the dispensary's sales proceeds go directly to helping New Yorkers with healthcare, housing, job training, harm reduction, case management, advocacy for health equity and social justice initiatives, LGBTQ+ youth programs and sexual health services.
"Our goal, going back over 30 years ago through Housing Works, has been to empower New Yorkers through advocacy and bridge communities to life saving services," said Sasha Nutgent, Retail Manager at Housing Works Cannabis Co. "From the resources we've rolled out, to the brands we carefully select for our customers, everything we do here has a greater purpose and we're humbled to see the support our mission is receiving."
Sales & Consumer Trends
Within three hours of opening on Dec. 29, 2022, Housing Works Cannabis Co saw an estimated $40,000 in sales—amounting to over $1.6 million in the first month and an estimated $12 million in the first six months of operations. Conversion rates, sales and customer retention continue to be strong, with as many as 1,000 unique visitors on busy days.
Consumer trend insights from the Housing Works Cannabis Co team show that customers continue to make decisions based on potency, reflecting a need for more education on cannabis and its numerous uses. New Yorkers and tourists alike also tend to prefer sativa and sativa-leaning hybrid strains, with flower representing the top-selling product category. In addition, the team also found that those who come in seeking edibles typically look for products that promote sleep and mitigate anxiety.
Menu Expansion
More recently, the dispensary added 200 new products to its menu, bringing more options from queer-, BIPOC- and women-owned and led companies into the store for customers to discover. Housing Works Cannabis Co currently carries seven social equity brands, with more coming soon.
"One unforeseen challenge and a pain point for both retailers and customers has been product rollout," said Nutgent. "There have been major improvements with the state's product testing timeline, for example, but the feedback we still hear from some Black-owned brands is that there is not enough funding to get their products into the market."
Last month, Housing Works Cannabis Co introduced its first Black-owned brand, Brelixi—which is also woman- and queer-owned—onto its shelves. Other social equity brands include Fat Nell (women-led), The Weekenders (BIPOC-owned and -led), as well as Flamer and Drew Martin (queer-owned).
Delivery Service
With accessibility as another focal point for the nonprofit, Housing Works Cannabis Co also became the first legal cannabis delivery service to launch in the state. Handled fully in-house thanks to 30+ years of Housing Works' experience through its thrift furniture donation and pick-up program, deliveries currently account for about 5-7% of sales.
Spanning select ZIP codes in Manhattan, Brooklyn and Queens, anyone over the age of 21+ with a valid ID can secure same-day and next-day delivery slots directly on Housing Works Cannabis Co's website.
"We've seen our delivery programs over the years forge meaningful and trusting relationships between our staff and thrift store patrons," said Charles King, CEO of Housing Works. "To see the same positive dynamic emerge between customers and budtenders reflects our roots in the city, our deep understanding of New York City culture and the community trust we continue to nurture."
For more information on Housing Works Cannabis Co, please visit: hwcannabis.co
About Housing Works Cannabis Co
Housing Works Cannabis Co is a recipient of New York State's CAURD social equity license initiative and the first legal cannabis dispensary to open in the state. Founded in 2022 as a bold new extension of Housing Works' established retail outlets—which include thrift store locations across the city and a bookstore in SoHo—proceeds from Housing Works Cannabis Co go directly to the nonprofit organization's mission to end social injustices through the provisioning of lifesaving services and relentless advocacy. For thirty years, Housing Works has provided housing, healthcare and other critical services to New Yorkers affected by AIDS, homelessness, substance abuse and criminal justice system involvement. The Housing Works Cannabis Co not only generates additional funding for these services, it does so while modeling the positive role cannabis can play in our communities. Learn more at hwcannabis.co
Media Contact:
Martha N. Marshall
Grasslands: A Journalism-Minded Agency
martha@mygrasslands.com
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SOURCE Housing Works | https://www.wafb.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ | 2023-07-31T12:37:05 | 1 | https://www.wafb.com/prnewswire/2023/07/31/nonprofit-housing-works-cannabis-co-garners-12-million-sales-during-first-six-months-operation-new-york/ |
Georgia man electrocuted after jumping into lake
ATLANTA (WANF/Gray News) - A Georgia man is dead after jumping into Lake Lanier Thursday evening, WANF reports.
The Forsyth County Sheriff’s Office said 24-year-old Thomas Shepard Milner jumped into the lake from his family’s dock near Dove Trail and was electrocuted when he entered the water.
A family friend told investigators they heard Milner scream for help and tried to get him out of the water using a ladder.
When that didn’t work, neighbors stepped in to help and took a boat out to Milner, the sheriff’s office said. The person in the boat jumped in the water to pull Milner out but reported feeling a burning sensation, which they immediately recognized as an electric shock.
After swimming to shore and turning off the power box near the dock, the person returned to the water to pull Milner back to shore, according to investigators.
Witnesses told authorities Milner’s uncle administered CPR until emergency medical crews got to the scene. The 24-year-old was rushed to Northside Forsyth Hospital. He died from his injuries the next day.
Milner’s mother, Martha Milner, told WANF her son was gentle and kind and loved the lake.
“Shepard was known for his quirkiness, his humor and his dedication,” she said.
According to Martha Milner, the dock at their lake property was less than three years old and outfitted with electricity by a licensed electrician.
Boaters like Chris Morris were saddened to hear about the death on Sunday.
“It’s a freak accident,” he said.
It is unclear why the water was electrified.
The investigation remains ongoing.
Copyright 2023 WANF via Gray Media Group, Inc. All rights reserved. | https://www.1011now.com/2023/07/31/georgia-man-electrocuted-after-jumping-into-lake/ | 2023-07-31T12:37:04 | 1 | https://www.1011now.com/2023/07/31/georgia-man-electrocuted-after-jumping-into-lake/ |
NORTH BRUNSWICK, N.J., July 31, 2023 /PRNewswire/ -- Smirta, a New Jersey-based digital health company committed to improving cancer patient care, is pleased to announce that OneOncology has selected Smirta as a preferred vendor to provide Smirta's OncoSmart® oncology infusion schedule optimization platform to the OneOncology network of physician practices. OneOncology is a national partnership created by independent community oncologists to strengthen oncology practices by helping them grow and deliver high-value cancer care services. The network includes more than 300 sites of care, empowering oncologists to learn from their peers and leverage their collective experience to address the pressures facing community oncology today and innovate for the future of cancer care delivery.
OncoSmart® is a data-driven digital transformation platform developed by Smirta, in close collaboration with Tennessee Oncology, that optimizes resources, increases capacity, and simplifies the complexities of cancer treatment clinic operations. OncoSmart®'s clinic management, optimization, nurse assignment, business intelligence, and resource management modules empower infusion centers to better manage critical clinical resources and deliver the best in cancer care.
"Understandably, every patient wants to be the first to get their infusion and every doctor wants to start their day early," said Jeff Patton, MD, CEO, OneOncology. "Consequently, we found our clinics contending with a tremendous, daily bottleneck through the afternoon. Smirta's OncoSmart® platform has been invaluable in establishing a superior scheduling process to smooth out the day and boost patient care by flattening the utilization curve so that the ratio of clinical staff to patients remains consistent and ramps more evenly throughout the day. We are thrilled to partner with Smirta and sponsor their technology, which will exponentially improve the standard of care and the scheduling metrics of cancer treatment clinics nationwide."
Stephen Schleicher M.D., Chief Medical Officer, Tennessee Oncology, a OneOncology partner practice, added: "The Smirta team are amazing to work with. They tailor their software to precisely what we need for our clinics and staff and have been incredibly responsive during the onboarding process. The software itself is very intuitive. Outside of the clinic level where it helps with treatment room capacity and nurse assignments, it also offers a system-wide look across the company, allowing us to see how all of our clinics are doing in terms of overtime, staffing, volume, and so on. Through Smirta and OncoSmart®, we really get to understand which clinics need help through a birds-eye view of how the company's doing from a patient experience and staff experience standpoint."
The A.I.-generated solutions provided by the OncoSmart® platform were created to support a diverse group of clinics with varying sizes and volume, as well as to optimize all service types including lab, MA, MD, treatment, and injections. OncoSmart® products have:
- reduced patient appointment delays and wait times
- unlocked infusion chair capacity
- reduced infusion treatments that extend beyond operating hours
- reduced overtime costs
- created a radically more balanced nurse load through schedule optimization
"Cancer care is inherently complex, with a confluence of problems manifesting most pronouncedly during peak times," said Ram Iyengar, Smirta, CEO. "Through our OncoSmart® platform, we can address and neutralize preventable bottlenecks, nursing attrition, and increased operational expenses while significantly improving patient satisfaction and quality of care. We are proud to partner with OneOncology in our combined mission to ensure the best possible treatment for cancer patients through enabling the most supportive, productive setting for all clinic staff."
Smitra has also already worked with another OneOncology partner practice, Piedmont Cancer Institute. The Atlanta-based cancer center's Chief Clinical Officer, Stephanie Braatz said: "The Smirta team has been so responsive and are very easy to work with. Their OncoSmart platform offers tools that streamline our infusion center operations, and their optimization tool has helped us effectively utilize our resources by balancing the patient load across different types of service.
"The business intelligence tool has identified bottlenecks, such as provider schedules, and has helped us find solutions to fix them. The nurse assignments tool has tremendously, and positively, affected the reduction of manual effort while showing us a view of the treatment room that we simply weren't able to see before. The entire team and suite of tools have added value," said Braatz.
About OneOncology
OneOncology was founded by community oncologists, for community oncologists, with the mission of improving the lives of everyone living with cancer. Its goal is to enable community oncology practices to remain independent and to improve patient access to care in their communities, all at a lower cost than in the hospital setting. OneOncology supports its platform of community oncology practices through group purchasing, operational optimization, practice growth, and clinical innovation. The network's 960 cancer care providers care for approximately 528,000 patients at more than 300 sites of care nationwide. To learn more, visit oneoncology.com or LinkedIn.
About Tennessee Oncology
Tennessee Oncology, PLLC is one of the nation's leading teams of cancer care specialists, nationally recognized for improving patient outcomes and driving quality of life innovation. In 2018 it created a partnership with OneOncology, a technology-powered, data-driven, alliance of America's foremost community oncologists. Its comprehensive range of cancer care services includes specialized oncology nursing care, laboratory services, pharmacy, outpatient chemotherapy, PET/CT services, palliative care, patient and family education, and financial support services. Founded in 1976, the practice's unique vision, introducing patient-driven care with a clinical trial focus, propelled Tennessee Oncology to lead one of the largest, physician-owned, community oncology practices in the country. Currently over 95 physicians in more than 30 locations share the privilege of serving adult cancer patients from South Central Kentucky through Middle Tennessee to Northwest Georgia. For a complete list of Physicians, locations, and services please visit: www.tnoncology.com
About Smirta
Smirta is a digital health company providing next-generation technology solutions to the healthcare industry. Its OncoSmart® suite of products are at the core of cancer treatment clinical operations optimizing millions of services annually.
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SOURCE Smirta; OneOncology | https://www.kwch.com/prnewswire/2023/07/31/oneoncology-selects-smirta-its-innovative-oncosmart-platform-enhance-operational-efficiencies/ | 2023-07-31T12:37:06 | 0 | https://www.kwch.com/prnewswire/2023/07/31/oneoncology-selects-smirta-its-innovative-oncosmart-platform-enhance-operational-efficiencies/ |
The North Dakota Geological Survey employs three full-time paleontologists, but they are not the state’s only excavators.
For over 20 years state paleontologists have received the support of an army of volunteers who dig and brush alongside them in search of fossils. Geological Survey staff are spending time with volunteers at four dig sites across the state this summer.
“It’s like a giant hide-and-seek for adults,” said Amy Robinson, a volunteer at a public dig on July 20.
Much of the work state paleontologists do would move at a slower pace if it were not for the support volunteers bring with their shovels and brushes.
“We have a fair bit of citizen science going on right now,” Fossil Preparator Mindy Householder said while examining parts of a turtle shell that one volunteer had just uncovered.
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Householder, who works for the State Historical Society of North Dakota preparing Dakota the Dinomummy -- a 67 million-year-old Edmontosaurus discovered near Marmarth in 1999 -- as well as other projects for study and display at the state Heritage Center, joined the July 20 dig.
“It’s good to get the orientation of something in the field before you go into the lab,” she said.
The dig site in the Hell Creek Formation south of Mandan in rural Morton County had already yielded 15 field jackets after just over a week, according to Geological Survey Paleontologist Jeff Person. A field jacket is a covering that paleontologists place over fossils to keep them safe for transport from the field.
Essential volunteers
At the July 20 dig volunteers spent an entire day between the buttes of southwest North Dakota methodically chipping away at the dirt covering the fossils, while the summer sun shined down on them.
Not all digs last the whole day. The Geological Survey also makes available half-day digs for families with children as young as 10. Full-day digs are available to everyone 15 and older.
There are around 500 volunteer spots open every summer. This summer, the cost of a dig is between $30 and $60 depending on the length of the dig and the location. All the spots have filled up, but there is a wait-list available on the web page for the digs, at bit.ly/3KkwQZn.
What volunteers find goes to state collections to help the Geological Survey better understand the history and prehistory of the state.
“There’s no way we could do what we do without the volunteers,” Person said.
Thrill of the hunt
The chance to discover the remains of creatures that lived millions of years ago is what draws so many to the digs, according to Person.
Robinson reflected that sentiment as she dug and brushed dirt near what Householder speculated was a dinosaur’s head.
“It’s just pretty amazing so many years later we can find their bones,” Robinson said.
She traveled from Michigan for the dig. Person said the digs regularly get visitors from even farther. He remembers one family that joined from Italy.
The digs also are frequented by many in the state. Kim Lee, of Bismarck, said she has been attending public fossil digs for several years.
“The thrill of finding something brings you back,” she said.
Living a dream
Dinosaur bones are not the only kinds of fossils state paleontologists seek out. Some of the most useful discoveries are of smaller ancient mammals, according to Person.
“(They are) the biggest scientifically, but smallest physically,” he said.
The remains of these smaller mammals have helped state paleontologists narrow down the age of rocks at a site southwest of Dickinson from a time gap that was once between 25 million and 35 million years old to a more precise 32 million years, according to Person.
The location south of Mandan is the most popular dig site. It accounts for almost half of the volunteer spots.
The area is full of fossils but there were also a number of creatures around that still had a pulse. As the group arrived and started unloading the van that held digging equipment, a deer and fawn could be seen running nearby. Many steps one takes here are also accompanied by the hops of a dozen or so grasshoppers.
What is living out there today may one day also become fossils for a future generation of paleontologists to better understand the state's natural history.
The Geological Survey has been digging at the site since 2015. The hill there has lost about 7 feet in height and many more feet in length since that time, as excavators have slowly removed the dirt to uncover fossils, according to Person.
Ginger and Kraig Crawford, of Cheyenne, Wyoming, first attended a dig two years ago near Medora after their daughter Savannah Olson, of Bismarck, bought the three of them spots on a dig as a Christmas gift. They returned for the July 20 dig. Their goal is to eventually go to every site in North Dakota.
“Doesn’t everybody want to be a paleontologist?” Ginger Crawford asked. | https://bismarcktribune.com/news/state-regional/citizen-science-on-display-at-public-fossil-dig-volunteers-aid-state-paleontologists/article_b26909d8-2a33-11ee-bb60-cf4bb95ff8b4.html | 2023-07-31T12:37:08 | 0 | https://bismarcktribune.com/news/state-regional/citizen-science-on-display-at-public-fossil-dig-volunteers-aid-state-paleontologists/article_b26909d8-2a33-11ee-bb60-cf4bb95ff8b4.html |
Introducing the industry's first-ever utility side-by-side with a 1500cc 3-cylinder engine for more power to make tough jobs easier and the industry's only STEELDRIVE transmission for greater durability
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- Polaris Off Road, the global leader in powersports and off-road innovation, is once again breaking new ground with the industry's first extreme duty utility side-by-side: the all-new RANGER XD 1500. With its unprecedented capability, brute strength and unmatched comfort, the new extreme duty class of RANGER side-by-sides are engineered with the first-ever ProStar 1500cc 3-cylinder engine that offers an industry-leading 110 horsepower, the industry-exclusive STEELDRIVE automatic transmission for greater durability and precise control, and over 70 new accessories for enhanced customization, highlighted by Polaris' exclusive Lock & Ride MAX system. The RANGER XD 1500 establishes a new benchmark for utility side-by-sides.
"We spent over five years meeting with farmers, ranchers, large acreage property owners and big game hunters to develop an extreme duty vehicle that was missing from the market. From its ProStar 1500cc engine to the industry's only STEELDRIVE transmission, RANGER XD 1500 is unlike anything else offered today and is yet another example of our relentless commitment to advancing the industry with fresh thinking and innovative solutions that meet the real-world needs of our utility customers," said Steve Menneto, President of Polaris Off Road.
"Polaris RANGER has been the No. 1 selling utility side-by-side brand for more than 15 years and with the introduction of RANGER Extreme Duty, we've taken the industry's hardest-working lineup and expanded it," said Chris Judson, Vice President of Off Road Utility. "A segment of our utility customers said they are facing exceptionally large tasks and they simply need a machine with more power, more torque, more hauling and towing capacity, and more durability. And our team set out to deliver just that, incorporating dozens of new features and the latest engineering to make the RANGER XD 1500 more capable, stronger, and more comfortable than any other utility side-by-side out there."
Unprecedented Capability
Farmers, ranchers, and large landowners routinely haul and tow heavy loads around the property, and they've been asking for a solution when it comes to their heaviest tasks. The RANGER XD 1500 delivers unprecedented capability for hard-working customers to haul more, tow more, and get more done in less time. With the industry's only 1500cc utility engine, the RANGER XD 1500 provides over 30% more power and over 50% more torque than the next closest competitor.
- ProStar 1500cc 3-Cylinder Engine – Effortless towing, hauling, and confidence in tough terrain with an industry-leading 110HP and 105 lb-ft torque.
- 1,500 lb Cargo Box Capacity – Three-quarter ton box capacity providing nearly 50% more box volume than existing models for maximum productivity with fewer trips and bigger loads.
- 3,500 lb Towing Capacity – For those routinely towing heavy loads on the property, drive better productivity with nearly 40% more towing than existing models.
- Industry-leading Ground Clearance – All RANGER XD 1500 models get 15" of ground clearance with high-clearance arched A-arms to overcome large obstacles.
Brute Strength
Utility customers asked for a more durable, longer lasting offering to maximize their uptime and drive efficiency. Designed to last longer than any model before it, RANGER XD 1500 is the industry's most durable utility side-by-side and has been engineered from the ground up to be stronger and stand up to the demands of the longest days.
- Industry-exclusive STEELDRIVE transmission – Offers a 100 percent steel constructed belt that delivers smooth, precise operation and a fully sealed, liquid-cooled design for unmatched durability.
- High-Strength Steel Heavy Duty Frame – RANGER XD 1500 has a high-strength steel one-piece chassis featuring 160 percent more torsional stiffness for a smoother ride and better cab sealing.
- Industry-leading Service Intervals – RANGER XD 1500 offers the industry's longest service intervals so customers can maximize their uptime.
Unmatched Comfort
- From the farm to remote backcountry, utility customers work from before the sun rises to after it sets, and need something that delivers all-day comfort. Beyond industry-leading capability and durability, the RANGER XD 1500 prioritizes comfort across the entire lineup to keep customers going strong on the longest days.
- Most Spacious Interior – Equipped with the most spacious and premium cab available in utility side-by-sides, the XD 1500 offers increased leg and shoulder room, making it easy to enter and exit the vehicle. Adjustable seating and a telescopic steering wheel lets drivers find the perfect fit for height and riding preferences.
- Premium Seating – Contoured seating with added bolstering provides more rider comfort along with a center seat that flips down into an armrest with additional cup holders.
- Available Heated Seats – For comfort on the coldest days, RANGER XD 1500 NorthStar Ultimate is the first utility side-by-side that comes from the factory with heated seats.
- Drive Modes – RANGER XD 1500 comes with an intuitive and easy-to-use rotary drive mode selector that lets customers choose from four different drive modes, including:
- Heating and Air Conditioning (HVAC) – Riders can stay comfortable in harsh weather conditions in the RANGER XD 1500 NorthStar Edition, featuring an all-new HVAC system and a fully-enclosed, next generation ProShield cab that's been redesigned with improved sealing to prevent dust and water intrusion, while locking in the temperature from the climate-controlled cab.
- Sun Visors – All-new integrated sun visors provide improved visibility throughout the day for added confidence while driving.
- RIDE COMMAND – Available 7" waterproof touchscreen display powered by RIDE COMMAND technology featuring a back-up camera, GPS navigation regardless of cell service, and AM/FM radio with Bluetooth® streaming capability.
- RIDE COMMAND+ – Customers can keep tabs on their vehicle directly from the Polaris App and access critical vehicle information like vehicle location, maintenance reminders, and issue diagnostics right from the palm of their hand with the industry's only connected-vehicle technology. Available from the factory on NorthStar Ultimate.
Customization
Customers have been asking for increased versatility, durability, and ease of use for the different work applications they face throughout the day. With over 70 new Polaris Engineered Accessory options designed specifically for the RANGER XD 1500, plus options from partners brands including JBL®, Rhino Rack®, Pro Armor, Kolpin, and HD Parts, customers have more opportunity than ever before to make their vehicle fit their specific needs.
- Lock & Ride MAX – Polaris' easiest to use, most versatile, and confident accessory attachment platform ever. With customizable configurations and the ability to reconfigure on the fly with no tools required, this new accessory platform allows users to prepare for their day, their way. Customers can simply choose and place their accessory, lock it in place, and ride confidently knowing their gear is secure.
- New JBL® Audio – Polaris partnered with JBL® to create the highest performing audio system ever included in a RANGER from the factory. For customers wanting to turn it up a notch, the JBL® Trail Pro 4200 audio upgrade adds rear speakers and two subwoofers for an immersive audio experience.
- Glacier Pro HD Plow – New 84" plow designed for faster, more efficient plowing during the winter months. A hydraulic plow lift and angle kit can be paired with an all-new plow controller to manage the largest plow Polaris has ever offered, all without ever leaving the comfort of the cab.
2024 RANGER XD 1500 Premium: Starting at US $29,999 / CAN $36,199
The RANGER XD 1500 Premium commands a large presence thanks to heavy-duty components and the industry's largest bumper, providing complete front-end protection. The vehicle comes equipped with one of the most comprehensive standard packages in a side-by-side to date including 29" tires, tilt steering and seat slider for customizable comfort, four drive modes, high output LED headlights for enhanced visibility, and USB ports with multiple charging capabilities. The vehicle also comes equipped with boosted brakes and heavy-duty suspension to ensure performance across a variety of off-road environments.
2024 RANGER XD 1500 NorthStar Premium: Starting at US $39,999 / CAN $48,799
The next step up is the RANGER XD 1500 NorthStar Premium. This machine features a fully enclosed cab with HVAC temperature and five different mode controls, lockable full doors with power windows and a fixed front glass windshield. Additional features include an electronically controlled power tilt bed to dump heavy loads with ease, an overhead switch panel for easy accessorization, and an overhead rear work light to illuminate the cargo box in low-light conditions. NorthStar Premium comes stock with 30" Kenda® CrossTrail tires and available 32" tires to overcome large obstacles and tough terrain.
2024 RANGER XD 1500 NorthStar Ultimate: Starting at US $44,999 / CAN $54,499
Rounding out the lineup is the RANGER XD 1500 NorthStar Ultimate, which features everything from the NorthStar Premium trim, plus the 7" infotainment display powered by RIDE COMMAND and heated seats. The NorthStar Ultimate trim also delivers an immersive sound experience, featuring full AM/FM radio with Bluetooth® streaming capability and industry-exclusive JBL® speakers for precise audio and premium sound. Finally, the vehicle comes standard with RIDE COMMAND+, allowing for vehicle health monitoring and more.
The 2024 RANGER XD 1500 lineup is expected to begin shipping to dealers in late summer. To learn more about the 2024 RANGER family, please visit https://ranger.polaris.com/en-us/ or join the conversation and follow on Facebooksm, Instagramsm, YouTubesm and Twittersm.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
Warning: vehicle rollaway can cause serious injury or death. This vehicle can roll whenever the gear selector is not in the park position. Always shift to park when stopping the engine or leaving the vehicle. When leaving the vehicle on an incline is unavoidable, use extra care. If leaving the vehicle unattended, block the rear wheels on the downhill side and keep children, pets, and others away form the gear selector. Notice: Vehicle payload and trailer weight will affect the angle of hill on which the vehicle will hold.
Kenda® is a registered trademark of Kenda Rubber Industrial Co, Ltd.
Bluetooth® is a registered trademark of Bluetooth Sig, Inc.
JBL® is a registered trademark of Harman International Industries, Incorporated
Rhino-Rack® is a registered trademark of Rhino Rack Australia Pty Limited
Unless noted, trademarks are the property of Polaris Industries Inc.
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SOURCE Polaris Inc. | https://www.kait8.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ | 2023-07-31T12:37:08 | 0 | https://www.kait8.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ |
First new nuclear unit in three decades is now online, providing safe, reliable,emission-free energy for electric cooperative consumers
TUCKER, Ga., July 31, 2023 /PRNewswire/ -- Today Oglethorpe Power, on behalf of the Georgia electric cooperatives it serves, commended the safe and successful achievement of commercial operation for Plant Vogtle Unit 3, which marks a historic accomplishment for the energy industry, the state of Georgia and the entire nation. Now in service, the Unit is available for safe and reliable dispatch and will provide emission-free, baseload power for Georgians for the next 60 to 80 years.
"Nuclear energy is increasingly important to the clean energy transition, and Oglethorpe Power's significant ownership in the Vogtle construction project is a testament to the important investments we're making that drive us toward a cleaner and more sustainable energy future," said Oglethorpe Power President & CEO Mike Smith. "We understand the importance of keeping the lights on in a way that preserves both affordability and reliability – and we are proud that the clean energy generated by Unit 3 will help us deliver on that mission for years to come."
Nuclear power is a reliable, baseload energy resource. Unit 3 can generate emission-free electricity at full power 24 hours a day, seven days a week.
When Unit 4 enters service, emission-free nuclear energy will account for nearly half of the energy Oglethorpe Power generates for its member cooperatives and the 4.4 million Georgians they serve. The company's investment in the new nuclear units underscores its commitment to fuel diversity and price stability.
As one of the largest clean energy projects in the nation, Plant Vogtle Units 3 and 4 represent the first advanced commercial nuclear project in the United States in more than thirty years. Once Unit 4 reaches commercial operation, Plant Vogtle will become the largest producer of emission-free energy in the United States.
"Oglethorpe Power commends the efforts of the dedicated men and women who make up the Plant Vogtle workforce. With Unit 3 online and operating safely, homes and businesses across Georgia will be powered by reliable, emission-free nuclear energy for decades," added Smith. "Additionally, with the recent receipt of the 103(g) finding for Unit 4, the site has achieved another critical milestone toward loading fuel, which means we are one step closer to Unit 4 joining Unit 3 in safe commercial operation."
Learn more at opc.com/nuclear.
About Oglethorpe Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $16 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.4 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal generating plants with a combined capacity of more than 7,800 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 member systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com.
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SOURCE Oglethorpe Power Corporation | https://www.wafb.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ | 2023-07-31T12:37:11 | 1 | https://www.wafb.com/prnewswire/2023/07/31/oglethorpe-power-celebrates-commercial-operation-plant-vogtle-unit-3/ |
Just one drink a day can raise blood pressure, study says
(CNN) - Regularly drinking alcohol, even in small amounts, could raise your blood pressure, even in adults without hypertension, according to a new study.
The study says as little as one alcoholic drink increased blood pressure in men and women, including those with no existing blood pressure issues or conditions related to alcohol.
Researchers looked at data from seven studies conducted around the world between 1997 and 2021 involving more than 19,000 adults.
The study found that even less than one drink a day produced a small rise in systolic pressure over an average of five years.
It also found that small amounts of alcohol also raised the lower, or diastolic, blood pressure reading, but only in men.
Copyright 2023 CNN Newsource. All rights reserved. | https://www.1011now.com/2023/07/31/just-one-drink-day-can-raise-blood-pressure-study-says/ | 2023-07-31T12:37:12 | 1 | https://www.1011now.com/2023/07/31/just-one-drink-day-can-raise-blood-pressure-study-says/ |
New Oracle Cloud Native SCCA Landing Zone solution reduces barriers to cloud adoption and enables mission owners to rapidly build compliant architectures
AUSTIN, Texas, July 31, 2023 /PRNewswire/ -- Oracle Cloud Infrastructure (OCI) has introduced a new Secure Cloud Computing Architecture (SCCA) for the U.S. Department of Defense (DoD). The solution helps make security compliance and cloud adoption for mission-critical workloads easier, faster, and more cost effective by using a framework of cloud native services.
SCCA is a DoD security framework designed to provide a standard approach for boundary and application-level security for the Defense Information Systems Agency (DISA) Impact Level 4 and 5 data hosted in commercial cloud environments. Historically, SCCA compliance has required significant investment from DoD mission owners in the form of independent development efforts and third-party software licensing. The cost and time result in a significant challenge during cloud migrations.
Oracle Cloud Native SCCA Landing Zone provides a framework for securely running DoD mission workloads and storing Impact Level 2, 4, and 5 data in OCI government regions. The automation provided by the solution enables DoD mission owners to establish a compliant security architecture in just a few hours or days, instead of months. It uses cloud native infrastructure services, significantly accelerating the time to deployment of mission critical workloads by reducing architecture time and minimizing decision points.
"Oracle Cloud Native SCCA Landing Zone is a game changer for our customers. What we are doing is fundamentally different,"said Rand Waldron, vice president, OCI Global Government Sector. "We will deliver all the capabilities necessary for SCCA completely in native OCI services. Our customers will no longer have to manage multiple licenses, multiple vendor relationships, or multiple kinds of security configurations. Our SCCA solution will provide everything the customer needs to stand up an SCCA-compliant workload in the cloud.".
Learn more about Oracle's new Cloud Native SCCA Landing Zone solution in the OCI SCCA Architecture Guide.
Simplifying and accelerating DoD security compliance
The Oracle Cloud Native SCCA Landing Zone includes baseline configurations, rules, and templates that meet DISA Impact Level 2, 4 and 5 accreditation requirements. This is delivered using a standardized Infrastructure-as-Code (IAC) template that meets a set of SCCA controls in a simplified and repeatable way. Based on Terraform, OCI Landing Zones allow OCI customers to perform one click, best-practice deployments of multiple Oracle services at once. Customers can launch the templates from the Cloud Native SCCA Landing Zone, answer a few simple questions about their configuration, and have an architecture set up same day.
The solution also addresses the four primary technical components of the SCCA framework; Cloud Access Point (CAP), Virtual Data Center Security Stack (VDSS), Virtual Data Center Management Service (VDMS), and Trusted Cloud Credential Manager (TCCM). Customers who deploy the secure baseline using the Cloud Native SCCA Landing Zone are provided with an architecture guide, implementation guide, requirements checklist, reference architecture, and best practices to accelerate the accreditation of their application on OCI.
Security, compliance, consistent high performance, and simple, predictable pricing
The Oracle Cloud Native SCCA Landing Zone script and associated technical documentation are provided at no separate or additional charge under a customer's contract. Underlying consumable cloud services used to stand up Oracle Cloud Native SCCA in a customer's tenancy may be billable in accordance with the customer's contract. Oracle Cloud for DoD services are priced at the same, consistent global pricing as Oracle's commercial public cloud regions and meet DISA Impact Levels 2, 4, and 5 and FedRAMP+ authorization standards.
Commercial customers can also take advantage of the automated security posture outlined above. All OCI customers can leverage custom security zones with the SCCA and other OCI Landing Zones that allow organizations to apply security policies and prevent changes that could weaken a customer's security configuration quickly and easily. Learn more about Oracle Landing Zones here.
Oracle Cloud Native SCCA Landing Zone scripts are available within the OCI Console, through GitHub, and from the Hosting and Compute Center (HaCC) website.
Additional Resources
- Oracle Cloud for DOD
- DISA IL5 Authorized Oracle Cloud for Government for U.S. Defense and Intelligence
- Oracle FedRAMP Authorizations
- Government Region Service Catalog
- Oracle and U.S. Defense Department continue their partnership with JWCC
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company--ushering in the new era of cloud computing.
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SOURCE Oracle | https://www.kwch.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ | 2023-07-31T12:37:12 | 1 | https://www.kwch.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ |
TerrorismPakistanSuicide bomber kills dozens in PakistanTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 videoTerrorismPakistanGeoff Whittaker1 hour ago1 hour agoThe blast killed more than 45 people and wounded 200 at a gathering of the JUI-F, a leading Islamist conservative party and government coalition partner. Three suspects have been arrested. https://p.dw.com/p/4UanOAdvertisement | https://www.dw.com/en/suicide-bomber-kills-dozens-in-pakistan/video-66396630 | 2023-07-31T12:37:13 | 0 | https://www.dw.com/en/suicide-bomber-kills-dozens-in-pakistan/video-66396630 |
Lawsuit alleges flight attendants served too much alcohol to passenger that groped woman, her daughter
(CNN) - A passenger is suing Delta Airlines, claiming flight attendants overserved alcohol to a man who became drunk while on board and groped a mother and her teenage daughter.
The alleged incident happened during an international flight last summer.
The suit claims the flight attendants ignored the mother’s pleas for them to stop serving alcohol to the man and that the passenger was making them feel unsafe.
The plaintiffs in the case said during the nine-hour flight from New York to Greece, the man made obscene gestures and sexually assaulted the 16-year-old girl sitting next to him.
When the plane landed in Greece, the man was allowed to walk free despite the mother’s request that authorities arrest him in Athens.
Delta has not commented on the suit but says the airline has zero tolerance for passengers who engage in inappropriate or unlawful behavior.
Copyright 2023 CNN Newsource. All rights reserved. | https://www.1011now.com/2023/07/31/lawsuit-alleges-flight-attendants-served-too-much-alcohol-passenger-that-groped-woman-her-daughter/ | 2023-07-31T12:37:14 | 0 | https://www.1011now.com/2023/07/31/lawsuit-alleges-flight-attendants-served-too-much-alcohol-passenger-that-groped-woman-her-daughter/ |
Jamestown's Jaden Christ avoided trouble and claimed his first Governor's Cup victory Saturday night.
Yellow flags flew early and often in the second night of action at Dacotah Speedway in Mandan. Christ, among others, avoided the traffic jams to come home with wins.
"I've struggled a lot here, broken a lot of stuff," Christ said. "It's nice to scratch one off here. This feels pretty good."
There wasn't a guarantee of either night being rain-free, but Friday's weather cleared out enough for the track to run and Saturday was clear, giving Mandan a rare two-night racing weekend without Mother Nature making an impact.
"I thought the track ran great," Christ said. "I was a little worried. We got rain on Friday and I wasn't sure if it would stick around, but luckily we were able to get the show in and track was great both nights, no complaints."
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Christ entered the second night having already had his best-ever finish at the high-banked track.
Christ made a four-spot jump in his qualifying race Friday, finishing with a time of 21.354 seconds. In the feature, he slotted in behind a pair of Mandan racers, WISSOTA Street Stock points leader Hunter Domagala and second-place runner Geoff Hellman.
"I started towards the back (Friday) night, and it was tough to come up through the pack," Christ said. "Tonight I did decent in the qualifying, and that helped out a lot for sure."
Kelly Hagel, Matt Dosch, Chris Welk Jr., Shawn Volk -- all in the top 10 in points -- made for a challenging qualifying race. Christ put himself in a good position with a first-place finish in a time of 21.289, a tick faster than his Friday mark.
"That was difficult and something new, that's the first time I've done something like that," Christ said of the qualifying races. "That's a neat format, I hope they do it again because I like it a lot."
That finish was enough to put Christ in pole position to start the race, and there he remained.
"You feel like a sitting duck, and I saw a nose on the bottom, so I went down there," Christ said of his racing strategy. "You try to listen for cars behind you, figure out where they're at, and just run your race."
Outside of the five-entry IMCA Sport Compact class, which was won both nights by Krys Yost of Balfour, the WISSOTA Street Stock race Saturday had the fewest racers drop out mid-race.
With the IMCA Modifieds (seven), INEX Legends (four), Hobby Stocks (six), and NOSA 410 Sprint Cars (five) all sending at least four racers out early, the one-out WISSOTA race was relatively quiet.
"Towards the end of a green flag run, I could feel my car getting loose on me a little," Christ said. "Overall, no complaints though."
"A couple of the cautions were long enough where I think I lost some heat in my tires," IMCA winner Marlyn Seidler said in victory lane after his race. "That kinda worried me, but that's the way it is."
That didn't mean there weren't cautions, though. Christ had to work Domagala, who finished second on the night and first overall in the Governor's Cup standings for the two-day event, hard to keep him back far enough to hold the lead.
"I didn't know where to run (during the cautions), because I started at the pole, so I felt like a sitting duck on some of them cautions," Christ said. "Overall, it was a good night and the car felt good."
For all Domagala's hard work, Christ ensured it came to naught, earning his first title at Dacotah Speedway.
"Hunter's by far the best driver in the street stocks here in Mandan, it's really tough to beat him," Christ said. "It was fun racing against him, and I hope to do it again soon."
Christ has popped in for race nights in Mandan a few times this season, and hopes to get back at least once more before the year winds down.
"We might come down for a weekly thing here or there," Christ said. "Maybe Oktoberfest, we'll see how long the motor lasts."
DOUBLE WINS APLENTY
While Christ held off Domagala's bid for a weekend sweep, there were several racers who brought home a pair of wins to boost their stock in the standings.
Underwood IMCA Modified driver Marlyn Seidler overcame a 12th-place start on Friday and held strong on Saturday to pocket a pair of championships.
Jeremy Keller and Mark Dahl made their case to hang tight with the Seidler, as Dahl was third Friday and runner-up Saturday. Keller was second Friday and fourth on Saturday.
"This was a big deal for us, especially at my age," Seidler said. "We got to win this last year, and now this is two years in a row, and that's big for an old grey-hair. There were some good cars here that are capable of winning every night."
In the INEX Legends class, Preston Martin avoided a big pile-up in Saturday's race to finish first on nights. Martin was the lone racer in the class to finish in the top five both nights.
Donavin Wiest was bidding for a second straight top-three finish before being part of the wreck Saturday. He took a hard-luck DNF after a third-place finish Friday.
Yost got a boost in his bid to win the IMCA Sport Compact class in his first full season by calmly winning the feature both nights.
Alex Thompson, the lone racer with a prayer of catching Yost, took second Friday but fell back to third behind James Gilbert of Minot.
In the special event of the weekend, the NOSA 410 Sprint Cars class, Mark Dobmeier of Grand Forks made it look easy, winning his heat and the feature both nights.
Jade Hastings, also of Grand Forks, was runner-up twice. Jack Croaker (third on Friday, fifth on Saturday) the lone other top-five finisher both nights.
DQ GIVES APPERT SWEEP
Derrick Appert of Hazelton also joined the two-win club, but it wasn't until just before the top racers arrived in victory lane that he knew he had won.
Appert and Wishek's Jeremy Herr went gone 1-2 on Friday. The same two battled it out on Saturday, with Herr seemingly coming out on top against the current Hobby Stocks points leader Appert.
That was the final result until Herr was disqualified due to a problem with his car, sending him to the ranks of cars who did not earn points Saturday.
It was an especially tough DQ for Herr. He led most of the race after starting in front, after qualifying with the best time of the class (21.295).
Menoken's Josh Roehrich ended up as the runner-up. Kelly Hoerner (fourth on Friday) moved to third. Chad Hausauer of Bismarck went to fourth and Jamestown's Asher Williams was fifth.
UP NEXT
The Monster Truck Spectacular is set for Friday and Saturday, starting at 7:30 both nights.
The event will be held rain-or-shine. Gates open both days at 5 p.m. | https://bismarcktribune.com/sports/local/christ-claims-first-mandan-win-at-governors-cup/article_0f4ef186-2e48-11ee-a29c-3bb65f026cd2.html | 2023-07-31T12:37:15 | 0 | https://bismarcktribune.com/sports/local/christ-claims-first-mandan-win-at-governors-cup/article_0f4ef186-2e48-11ee-a29c-3bb65f026cd2.html |
SUV driver intentionally hit 6 migrant workers, police say
Published: Jul. 31, 2023 at 7:26 AM CDT|Updated: 10 minutes ago
LINCOLNTON, N.C. (AP) — Six migrant workers were intentionally hit by an SUV in a Walmart parking lot in North Carolina on Sunday, police said.
The workers were hit at a Walmart in Lincolnton in what appears to have been an intentional assault with a vehicle, but the Lincolnton Police Department said in a statement posted on social media that the driver’s motives are still under investigation. The workers were taken to a hospital with various injuries, but police said none of the injuries appear to be life-threatening.
Police are asking the public for help identifying the driver and the vehicle, described as an older model black sport utility vehicle with a luggage rack.
Copyright 2023 The Associated Press. All rights reserved. | https://www.1011now.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ | 2023-07-31T12:37:16 | 1 | https://www.1011now.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ |
Highlights Include the Return of Polaris Sportsman 570 and XP 1000 Hunt Editions, Along with a Host of
Aesthetic and Performance Upgrades Across the Lineup
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- On the heels of debuting its innovative Polaris XPEDITION and the all new Extreme Duty RANGER XD 1500, Polaris Off Road today unveiled updates for 2024 to the off-road industry's most expansive lineup. The 2024 lineup features a host of rider-inspired updates and refreshed styling and new colors. Additionally, the customer-favorite Polaris Sportsman 570 and XP 1000 Hunt editions make a return, and a Premium trim offering is now available on the 2024 GENERAL 1000 to provide customers with an upgrade in style and performance. RIDE COMMAND+ also received enhanced features for 2024, delivering unmatched connectivity and peace of mind to riders through all-new Location Bump Alerts and Check-In Messages.
"From the completely redesigned 2024 RZR XP and the industry's first "adventure side-by-side" Polaris XPEDITION, to our introduction of the all-new RANGER XD 1500, this year has been a powerful showcase of our ongoing commitment to lead the industry and innovate for our riders," said Steve Menneto, President of Polaris Off Road. "While those revolutionary product debuts are pivotal, our unwavering focus on refining and enhancing our current offerings based on customer needs and feedback remains essential, and that's what the 2024 updates represent."
From fresh new styles and colorways, to improved trim levels that appeal to a wide variety of riders, the Polaris Off Road 2024 model year lineup and RIDE COMMAND+ technology enhancements include the following:
RIDE COMMAND+:
Making its debut last fall, RIDE COMMAND+, the industry's first connected-vehicle technology, continues to roll out new enhancements to its service for 2024. With new features like Location Alerts, that will notify the owner if its vehicle has been bumped or moved from its last location, owners can now protect their vehicle more than ever before. RIDE COMMAND+ is now available as a factory option for 2024 RZR Pro R Ultimate, RANGER XD 1500 NorthStar, RANGER XP 1000 NorthStar, Polaris XPEDITION NorthStar and Sportsman XP 1000 RIDE COMMAND Edition. This service is also available on most 2024 RZR, RANGER, Sportsman and Polaris XPEDITION models as an accessory install.
Sportsman
Polaris Sportsman, the long-standing No. 1 selling automatic 4x4 ATV, is reintroducing the Sportsman 570 and XP 1000 Hunt Editions, while also implementing key improvements across the core 2024 lineup. A customer favorite, specifically designed to meet the unique needs of hunters, the Sportsman 570 and XP 1000 Hunt editions include accessories such as the 3,500 lb Polaris Winch, Kolpin Gun Scabbard & Mount, Kolpin Ratchet Claws and more.
Additionally, the 2024 Sportsman 450 and 570 lineup boasts several quality refinements for a better riding experience including a new rear brake pedal for reduced pedal effort and feel, improved sealing around the shifter, and enhanced seat fitment delivering a more comfortable ride. The 570 EPS trim and above will also include enhanced PVT clutch sealing with a higher intake location for better performance in wet conditions.
For added utility, the model year 2024 Sportsman 570 lineup will be equipped with new LED lights for the Premium and Utility HD for added visibility from dawn to dusk.
New color options also are available for the 570 Premium and Trail, 570 Ride Command Edition, Sportsman 850 Premium and Ultimate Trail, Sportsman XP 1000 Ultimate Trail, Sportsman XP 1000 High Lifter Edition, Scrambler XP 1000 S and Sportsman XP 1000 S.
The 2024 Sportsman lineup starts at $6,999 US MSRP and will begin shipping to dealers this early fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/sportsman/
GENERAL
Polaris GENERAL is the industry's most versatile crossover side-by-side, capable of tackling tough trails, while also knocking out tasks around the property. For 2024, the GENERAL 1000 receives a new Premium trim offering that provides both style and performance enhancements. Featuring 14" wheels with 27" Coronado tires, and FOX® Podium QS3® shocks that riders can adjust between soft, medium and firm based on terrain changes, the new Premium trim will deliver a smooth ride over rugged terrain, while LED headlights provide greater visibility at morning and night. These upgrades will help riders knock out more tasks and hit the trails confidently in the GENERAL 1000.
Additionally, new colorways on the GENERAL 1000 model include Ghost Gray and Volcanic Orange. The Premium and Ultimate trim levels for the GENERAL XP will feature new colors and graphics in Matte Silver Quartz and Polaris Blue.
The 2024 GENERAL lineup starts at $17,499 US MSRP and will begin shipping to dealers this summer. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/general/
RZR
Polaris RZR, the No. 1 sport side-by-side brand, receives fresh new colors and graphics across its lineup, helping riders make a bold statement when hitting the trails. The 2024 RZR Trail and RZR Trail S are now available in Storm Blue on the Sport trim and two-tone Storm Blue with White Lightning on the Ultimate. Both Sport and Ultimate trim levels now receive the same upgraded steering wheel offered in the fully-redesigned 2024 RZR XP that provides a sportier feel while driving on trails. New for 2024, the RZR Trail and Trail S Sport level feature electric power steering and LED headlights standard, providing riders easier steering input on tight trail corners and enhanced visibility. Additionally for 2024, the RZR Trail S Ultimate trim now features Walker Evans Racing® shocks, while the Sport trim moved to ZF Sachs shocks, both offering riders plush suspension performance against the rugged terrain.
For 2024, the RZR Pro XP Sport and Premium models feature Walker Evans Racing® shocks, while the Ultimate will continue to be equipped with FOX® Live Valve shocks with DYNAMIX active suspension. Both the Premium and Ultimate trim received a refresh with new graphics on the Super Graphite colorway.
Lastly and by consumer demand, the Wide Open lineup of RZR Pro R and RZR Turbo R receives refreshed color options for 2024. For the first time since launching, the RZR Pro R Ultimate is available in an all-new Matte Onyx Black with Lifted Lime accents or Matte Heavy Metal, while the Premium trim level is offered in Matte Heavy Metal. The 2024 RZR Turbo R also welcomes vibrant new colors like Velocity Blue with Green Burst accents and Military Tan with Orange Burst accents.
The 2024 RZR lineup starts at $15,999 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/rzr/
RANGER
In addition to the newly launched Extreme Duty RANGER XD 1500, the Polaris RANGER lineup receives a variety of rider-inspired upgrades and quality refinements for 2024. RANGER SP 570 gets new color options, while the NorthStar Edition gets exclusive tailgate badging and new 25" 8-ply Pro Armor X-Terrain tires for added durability and enhanced puncture resistance.
Additionally, Polaris expands the color options for the RANGER 1000 Premium which will now be offered in the sleek Granite Grey color and graphics, while the XP 1000 will be featured in two new options: Desert Sand and Super Graphite with orange burst accents. Furthermore, the RANGER XP 1000 NorthStar Ultimate model boasts connectivity features such as vehicle health, issue diagnostics, and maintenance reminders enabled by RIDE COMMAND+.
The 2024 RANGER lineup starts at $11,699 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/ranger/
Youth
Dedicated to inspiring the next generation of riders, Polaris Off Road delivers the industry's largest and most varied lineup of youth offerings. For 2024, the Polaris ORV Youth lineup receives a refresh with eye-catching new colors and graphics. This lineup continues to provide industry-leading safety features that give parents peace of mind and help instill confidence in growing riders, including pin code start, adjustable speed limiter, geofencing, helmet aware technology and industry-exclusive safety gear kit.
Specifically, the 2024 RZR 200 EFI is now offered in Storm Gray and a new graphic pattern with bright red accents. The Outlaw 70 EFI ATV is offered in Velocity Blue with either Lifted Lime or Fierce Fuchsia accents, while the Outlaw 110 EFI is now offered in both Bright White with Polaris Blue and Bright White with Radiant Green details.
The 2024 Polaris Youth lineup starts at $2,999 US MSRP and will begin shipping to dealers this winter. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/shop-by-use/youth/
Polaris XPEDITION
The Polaris XPEDITION, which recently launched in May 2023, is the first-of-its-kind adventure side-by-side, combining the all-terrain capabilities of traditional side-by-sides with comfort and cargo capabilities typically associated with overlanding at the highest level. With a host of standard features and optional configurations to accommodate the greatest range of outdoor pursuits and enable consumers to keep chasing the wild, the 2024 Polaris XPEDITION XP and ADV are the most adaptable, comfortable and capable adventure machine on the market.
The 2024 Polaris XPEDITION lineup starts at $28,999 US MSRP and is currently shipping to dealers. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/polaris-xpedition/
To learn more about the Polaris ORV 2024 lineup and to stay up to date on testing and demo opportunities, please visit https://offroad.polaris.com/en-us/ or join the conversation and follow on FacebookSM, InstagramSM, YouTubeSM and TwitterSM. Walker Evans Racing® is a registered trademark of Walker Evans Enterprises Incorporated; FOX® is a registered trademark of Fox Factory Inc.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
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SOURCE Polaris Inc. | https://www.kait8.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ | 2023-07-31T12:37:15 | 0 | https://www.kait8.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ |
Elvina Kalieva 2023 Livesport Prague Open 2021 Odds
Elvina Kalieva's round of 32 match in the Livesport Prague Open 2021 will be versus Linda Noskova. Kalieva is +4000 to win this tournament at Tennis Club Sparta Praha.
Find all the latest odds for the 2023 Livesport Prague Open 2021 and place your bets with a new user bonus from BetMGM.
Kalieva at the 2023 Livesport Prague Open 2021
- Next Round: Round of 32
- Tournament Dates: July 28 - August 6
- Venue: Tennis Club Sparta Praha
- Location: Prague, Czechia
- Court Surface: Hard
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Kalieva's Next Match
Kalieva will meet Noskova in the round of 32 on Tuesday, August 1 at 5:00 AM ET, after getting past Tayisiya Morderger 6-2, 6-3 in the qualification final.
Kalieva is listed at +375 to win her next matchup against Noskova. Check out the latest odds for the entire field at BetMGM.
Want to bet on Kalieva? Head to BetMGM using our link for a bonus bet special offer for new players!
Kalieva Stats
- Kalieva defeated Morderger 6-2, 6-3 on Sunday in the qualifying round.
- In five tournaments over the past year, Kalieva is yet to win a title, and her overall record is 3-5.
- Kalieva has a record of 2-3 on hard courts over the last 12 months.
- In her eight matches over the past year, across all court surfaces, Kalieva has averaged 18.6 games.
- On hard courts, Kalieva has played five matches over the past 12 months, and she has totaled 20.8 games per match while winning 49.0% of games.
- Over the past year, Kalieva has been victorious in 12.5% of her return games and 28.6% of her service games.
- Kalieva has claimed 50% of her service games on hard courts and 11.1% of her return games over the past 12 months.
Not all offers available in all states, please visit BetMGM for the latest promotions for your area. Must be 21+ to gamble, please wager responsibly. If you or someone you know has a gambling problem, contact 1-800-GAMBLER.
© 2023 Data Skrive. All rights reserved. | https://www.1011now.com/sports/betting/2023/07/28/elvina-kalieva-livesport-prague-open-2021-betting-odds/ | 2023-07-31T12:37:16 | 0 | https://www.1011now.com/sports/betting/2023/07/28/elvina-kalieva-livesport-prague-open-2021-betting-odds/ |
BUFFALO, N.Y., July 31, 2023 /PRNewswire/ --
UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF NEW YORK
SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, AND PROPOSED SETTLEMENT OF CLASS ACTION; (II) SETTLEMENT HEARING; AND (III) MOTION FOR AN AWARD OF
ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES
TO: All persons and entities who, during the period from February 18, 2016 through July 31, 2019, inclusive (the "Settlement Class Period"), purchased or otherwise acquired 22nd Century Group, Inc. ("22nd Century") common stock and were allegedly damaged thereby (the "Settlement Class").
PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Western District of New York, that the above-captioned litigation (the "Action") has been certified as a class action on behalf of the Settlement Class, except for certain persons and entities who are excluded from the Settlement Class as set forth in the full printed Notice Of (I) Pendency Of Class Action, Certification Of Settlement Class, And Proposed Settlement of Class Action; (II) Settlement Hearing; And (III) Motion For An Award Of Attorneys' Fees And Reimbursement Of Litigation Expenses (the "Notice").
YOU ARE ALSO NOTIFIED that Lead Plaintiffs in the Action have reached a proposed settlement of the Action for $3,000,000.00 in cash (the "Settlement"), that, if approved, will resolve all claims in the Action.
This Summary Notice relates to the proposed Settlement of claims in a pending securities class action lawsuit brought by investors alleging, among other things, that Defendants 22nd Century, Henry Sicignano, III, and John T. Brodfuehrer (collectively, the "Defendants") violated the federal securities laws by making alleged misrepresentations or omissions regarding certain alleged stock promotion articles and Defendants' alleged failure to disclose an investigation by the Securities and Exchange Commission ("SEC") into a material weakness in 22nd Century's internal controls, which Defendants deny.
A hearing will be held on October 3, 2023 at 11:00 a.m., before the Honorable Michael J. Roemer, United States Magistrate Judge, at the United States District Court for the Western District of New York, Robert H. Jackson United States Courthouse, 2 Niagara Square, Buffalo, New York 14202, or by telephonic, video conferencing or other electronic means, as posted on the website of the Claims Administrator. The hearing will determine (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation And Agreement Of Settlement (and in the Notice) should be granted; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; (iv) whether Lead Counsel's application for an award of attorneys' fees and reimbursement of Litigation Expenses should be approved, and (v) whether to award Lead Plaintiff for reimbursement of Lead Plaintiffs' time and expenses out of the Settlement Fund and pursuant to 15 U.S.C. §78u-4(a)(4) in connection with their representation of the Settlement Class and, if so, in what amount.
If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund. If you have not yet received the Notice and Claim Form, you may obtain copies of these documents by contacting the Claims Administrator at 22nd Century Securities Litigation, c/o Epiq, P.O. Box 3839, Portland, OR 97208-3839. Copies of the Notice and Claim Form can also be downloaded from the website maintained by the Claims Administrator, www.22ndCenturySecuritiesLitigation.com.
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form either online at the Settlement website, www.22ndCenturySecuritiesLitigation.com, by October 10, 2023, or by first class postage prepaid U.S. mail postmarked no later than October 10, 2023. If you are a Settlement Class Member and do not timely submit a proper Claim Form, you will not be eligible to share in the distribution of the net proceeds of the Settlement but you will nevertheless be bound by any judgments or orders entered by the Court in the Action.
If you are a member of the Settlement Class and wish to exclude yourself from the Settlement Class, you must submit a request for exclusion such that it is received no later than September 12, 2023, in accordance with the instructions set forth in the Notice. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action and you will not be eligible to share in the proceeds of the Settlement.
Any objections to the proposed Settlement, the proposed Plan of Allocation, or Lead Counsel's motion for attorneys' fees and reimbursement of expenses, must be filed with the Court and delivered to representatives of Lead Counsel and Defendants' counsel such that they are received no later than September 12, 2023, in accordance with the instructions set forth in the Notice.
Please do not contact the Court, the Clerk's office, 22nd Century, or Defendants' counsel regarding this notice. All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.
Requests for the Notice and Claim Form should be made to:
22nd Century Securities Litigation
c/o Epiq
P.O. Box 3839
Portland, OR 97208-3839
Inquiries, other than requests for the Notice and Claim Form, should be made to Lead Counsel:
POMERANTZ LLP
Jeremy A. Lieberman
Brian Calandra
600 Third Avenue, 20th Floor
New York, NY 10016
jalieberman@pomlaw.com
bcalandra@pomlaw.com
Dated: August 7, 2023
By Order of the Court
United States District Court
Western District of New York
URL: www.22ndCenturySecuritiesLitigation.com
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SOURCE Pomerantz LLP | https://www.kait8.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ | 2023-07-31T12:37:16 | 0 | https://www.kait8.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ |
NORTH BRUNSWICK, N.J., July 31, 2023 /PRNewswire/ -- Smirta, a New Jersey-based digital health company committed to improving cancer patient care, is pleased to announce that OneOncology has selected Smirta as a preferred vendor to provide Smirta's OncoSmart® oncology infusion schedule optimization platform to the OneOncology network of physician practices. OneOncology is a national partnership created by independent community oncologists to strengthen oncology practices by helping them grow and deliver high-value cancer care services. The network includes more than 300 sites of care, empowering oncologists to learn from their peers and leverage their collective experience to address the pressures facing community oncology today and innovate for the future of cancer care delivery.
OncoSmart® is a data-driven digital transformation platform developed by Smirta, in close collaboration with Tennessee Oncology, that optimizes resources, increases capacity, and simplifies the complexities of cancer treatment clinic operations. OncoSmart®'s clinic management, optimization, nurse assignment, business intelligence, and resource management modules empower infusion centers to better manage critical clinical resources and deliver the best in cancer care.
"Understandably, every patient wants to be the first to get their infusion and every doctor wants to start their day early," said Jeff Patton, MD, CEO, OneOncology. "Consequently, we found our clinics contending with a tremendous, daily bottleneck through the afternoon. Smirta's OncoSmart® platform has been invaluable in establishing a superior scheduling process to smooth out the day and boost patient care by flattening the utilization curve so that the ratio of clinical staff to patients remains consistent and ramps more evenly throughout the day. We are thrilled to partner with Smirta and sponsor their technology, which will exponentially improve the standard of care and the scheduling metrics of cancer treatment clinics nationwide."
Stephen Schleicher M.D., Chief Medical Officer, Tennessee Oncology, a OneOncology partner practice, added: "The Smirta team are amazing to work with. They tailor their software to precisely what we need for our clinics and staff and have been incredibly responsive during the onboarding process. The software itself is very intuitive. Outside of the clinic level where it helps with treatment room capacity and nurse assignments, it also offers a system-wide look across the company, allowing us to see how all of our clinics are doing in terms of overtime, staffing, volume, and so on. Through Smirta and OncoSmart®, we really get to understand which clinics need help through a birds-eye view of how the company's doing from a patient experience and staff experience standpoint."
The A.I.-generated solutions provided by the OncoSmart® platform were created to support a diverse group of clinics with varying sizes and volume, as well as to optimize all service types including lab, MA, MD, treatment, and injections. OncoSmart® products have:
- reduced patient appointment delays and wait times
- unlocked infusion chair capacity
- reduced infusion treatments that extend beyond operating hours
- reduced overtime costs
- created a radically more balanced nurse load through schedule optimization
"Cancer care is inherently complex, with a confluence of problems manifesting most pronouncedly during peak times," said Ram Iyengar, Smirta, CEO. "Through our OncoSmart® platform, we can address and neutralize preventable bottlenecks, nursing attrition, and increased operational expenses while significantly improving patient satisfaction and quality of care. We are proud to partner with OneOncology in our combined mission to ensure the best possible treatment for cancer patients through enabling the most supportive, productive setting for all clinic staff."
Smitra has also already worked with another OneOncology partner practice, Piedmont Cancer Institute. The Atlanta-based cancer center's Chief Clinical Officer, Stephanie Braatz said: "The Smirta team has been so responsive and are very easy to work with. Their OncoSmart platform offers tools that streamline our infusion center operations, and their optimization tool has helped us effectively utilize our resources by balancing the patient load across different types of service.
"The business intelligence tool has identified bottlenecks, such as provider schedules, and has helped us find solutions to fix them. The nurse assignments tool has tremendously, and positively, affected the reduction of manual effort while showing us a view of the treatment room that we simply weren't able to see before. The entire team and suite of tools have added value," said Braatz.
About OneOncology
OneOncology was founded by community oncologists, for community oncologists, with the mission of improving the lives of everyone living with cancer. Its goal is to enable community oncology practices to remain independent and to improve patient access to care in their communities, all at a lower cost than in the hospital setting. OneOncology supports its platform of community oncology practices through group purchasing, operational optimization, practice growth, and clinical innovation. The network's 960 cancer care providers care for approximately 528,000 patients at more than 300 sites of care nationwide. To learn more, visit oneoncology.com or LinkedIn.
About Tennessee Oncology
Tennessee Oncology, PLLC is one of the nation's leading teams of cancer care specialists, nationally recognized for improving patient outcomes and driving quality of life innovation. In 2018 it created a partnership with OneOncology, a technology-powered, data-driven, alliance of America's foremost community oncologists. Its comprehensive range of cancer care services includes specialized oncology nursing care, laboratory services, pharmacy, outpatient chemotherapy, PET/CT services, palliative care, patient and family education, and financial support services. Founded in 1976, the practice's unique vision, introducing patient-driven care with a clinical trial focus, propelled Tennessee Oncology to lead one of the largest, physician-owned, community oncology practices in the country. Currently over 95 physicians in more than 30 locations share the privilege of serving adult cancer patients from South Central Kentucky through Middle Tennessee to Northwest Georgia. For a complete list of Physicians, locations, and services please visit: www.tnoncology.com
About Smirta
Smirta is a digital health company providing next-generation technology solutions to the healthcare industry. Its OncoSmart® suite of products are at the core of cancer treatment clinical operations optimizing millions of services annually.
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SOURCE Smirta; OneOncology | https://www.wafb.com/prnewswire/2023/07/31/oneoncology-selects-smirta-its-innovative-oncosmart-platform-enhance-operational-efficiencies/ | 2023-07-31T12:37:17 | 0 | https://www.wafb.com/prnewswire/2023/07/31/oneoncology-selects-smirta-its-innovative-oncosmart-platform-enhance-operational-efficiencies/ |
Introducing the industry's first-ever utility side-by-side with a 1500cc 3-cylinder engine for more power to make tough jobs easier and the industry's only STEELDRIVE transmission for greater durability
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- Polaris Off Road, the global leader in powersports and off-road innovation, is once again breaking new ground with the industry's first extreme duty utility side-by-side: the all-new RANGER XD 1500. With its unprecedented capability, brute strength and unmatched comfort, the new extreme duty class of RANGER side-by-sides are engineered with the first-ever ProStar 1500cc 3-cylinder engine that offers an industry-leading 110 horsepower, the industry-exclusive STEELDRIVE automatic transmission for greater durability and precise control, and over 70 new accessories for enhanced customization, highlighted by Polaris' exclusive Lock & Ride MAX system. The RANGER XD 1500 establishes a new benchmark for utility side-by-sides.
"We spent over five years meeting with farmers, ranchers, large acreage property owners and big game hunters to develop an extreme duty vehicle that was missing from the market. From its ProStar 1500cc engine to the industry's only STEELDRIVE transmission, RANGER XD 1500 is unlike anything else offered today and is yet another example of our relentless commitment to advancing the industry with fresh thinking and innovative solutions that meet the real-world needs of our utility customers," said Steve Menneto, President of Polaris Off Road.
"Polaris RANGER has been the No. 1 selling utility side-by-side brand for more than 15 years and with the introduction of RANGER Extreme Duty, we've taken the industry's hardest-working lineup and expanded it," said Chris Judson, Vice President of Off Road Utility. "A segment of our utility customers said they are facing exceptionally large tasks and they simply need a machine with more power, more torque, more hauling and towing capacity, and more durability. And our team set out to deliver just that, incorporating dozens of new features and the latest engineering to make the RANGER XD 1500 more capable, stronger, and more comfortable than any other utility side-by-side out there."
Unprecedented Capability
Farmers, ranchers, and large landowners routinely haul and tow heavy loads around the property, and they've been asking for a solution when it comes to their heaviest tasks. The RANGER XD 1500 delivers unprecedented capability for hard-working customers to haul more, tow more, and get more done in less time. With the industry's only 1500cc utility engine, the RANGER XD 1500 provides over 30% more power and over 50% more torque than the next closest competitor.
- ProStar 1500cc 3-Cylinder Engine – Effortless towing, hauling, and confidence in tough terrain with an industry-leading 110HP and 105 lb-ft torque.
- 1,500 lb Cargo Box Capacity – Three-quarter ton box capacity providing nearly 50% more box volume than existing models for maximum productivity with fewer trips and bigger loads.
- 3,500 lb Towing Capacity – For those routinely towing heavy loads on the property, drive better productivity with nearly 40% more towing than existing models.
- Industry-leading Ground Clearance – All RANGER XD 1500 models get 15" of ground clearance with high-clearance arched A-arms to overcome large obstacles.
Brute Strength
Utility customers asked for a more durable, longer lasting offering to maximize their uptime and drive efficiency. Designed to last longer than any model before it, RANGER XD 1500 is the industry's most durable utility side-by-side and has been engineered from the ground up to be stronger and stand up to the demands of the longest days.
- Industry-exclusive STEELDRIVE transmission – Offers a 100 percent steel constructed belt that delivers smooth, precise operation and a fully sealed, liquid-cooled design for unmatched durability.
- High-Strength Steel Heavy Duty Frame – RANGER XD 1500 has a high-strength steel one-piece chassis featuring 160 percent more torsional stiffness for a smoother ride and better cab sealing.
- Industry-leading Service Intervals – RANGER XD 1500 offers the industry's longest service intervals so customers can maximize their uptime.
Unmatched Comfort
- From the farm to remote backcountry, utility customers work from before the sun rises to after it sets, and need something that delivers all-day comfort. Beyond industry-leading capability and durability, the RANGER XD 1500 prioritizes comfort across the entire lineup to keep customers going strong on the longest days.
- Most Spacious Interior – Equipped with the most spacious and premium cab available in utility side-by-sides, the XD 1500 offers increased leg and shoulder room, making it easy to enter and exit the vehicle. Adjustable seating and a telescopic steering wheel lets drivers find the perfect fit for height and riding preferences.
- Premium Seating – Contoured seating with added bolstering provides more rider comfort along with a center seat that flips down into an armrest with additional cup holders.
- Available Heated Seats – For comfort on the coldest days, RANGER XD 1500 NorthStar Ultimate is the first utility side-by-side that comes from the factory with heated seats.
- Drive Modes – RANGER XD 1500 comes with an intuitive and easy-to-use rotary drive mode selector that lets customers choose from four different drive modes, including:
- Heating and Air Conditioning (HVAC) – Riders can stay comfortable in harsh weather conditions in the RANGER XD 1500 NorthStar Edition, featuring an all-new HVAC system and a fully-enclosed, next generation ProShield cab that's been redesigned with improved sealing to prevent dust and water intrusion, while locking in the temperature from the climate-controlled cab.
- Sun Visors – All-new integrated sun visors provide improved visibility throughout the day for added confidence while driving.
- RIDE COMMAND – Available 7" waterproof touchscreen display powered by RIDE COMMAND technology featuring a back-up camera, GPS navigation regardless of cell service, and AM/FM radio with Bluetooth® streaming capability.
- RIDE COMMAND+ – Customers can keep tabs on their vehicle directly from the Polaris App and access critical vehicle information like vehicle location, maintenance reminders, and issue diagnostics right from the palm of their hand with the industry's only connected-vehicle technology. Available from the factory on NorthStar Ultimate.
Customization
Customers have been asking for increased versatility, durability, and ease of use for the different work applications they face throughout the day. With over 70 new Polaris Engineered Accessory options designed specifically for the RANGER XD 1500, plus options from partners brands including JBL®, Rhino Rack®, Pro Armor, Kolpin, and HD Parts, customers have more opportunity than ever before to make their vehicle fit their specific needs.
- Lock & Ride MAX – Polaris' easiest to use, most versatile, and confident accessory attachment platform ever. With customizable configurations and the ability to reconfigure on the fly with no tools required, this new accessory platform allows users to prepare for their day, their way. Customers can simply choose and place their accessory, lock it in place, and ride confidently knowing their gear is secure.
- New JBL® Audio – Polaris partnered with JBL® to create the highest performing audio system ever included in a RANGER from the factory. For customers wanting to turn it up a notch, the JBL® Trail Pro 4200 audio upgrade adds rear speakers and two subwoofers for an immersive audio experience.
- Glacier Pro HD Plow – New 84" plow designed for faster, more efficient plowing during the winter months. A hydraulic plow lift and angle kit can be paired with an all-new plow controller to manage the largest plow Polaris has ever offered, all without ever leaving the comfort of the cab.
2024 RANGER XD 1500 Premium: Starting at US $29,999 / CAN $36,199
The RANGER XD 1500 Premium commands a large presence thanks to heavy-duty components and the industry's largest bumper, providing complete front-end protection. The vehicle comes equipped with one of the most comprehensive standard packages in a side-by-side to date including 29" tires, tilt steering and seat slider for customizable comfort, four drive modes, high output LED headlights for enhanced visibility, and USB ports with multiple charging capabilities. The vehicle also comes equipped with boosted brakes and heavy-duty suspension to ensure performance across a variety of off-road environments.
2024 RANGER XD 1500 NorthStar Premium: Starting at US $39,999 / CAN $48,799
The next step up is the RANGER XD 1500 NorthStar Premium. This machine features a fully enclosed cab with HVAC temperature and five different mode controls, lockable full doors with power windows and a fixed front glass windshield. Additional features include an electronically controlled power tilt bed to dump heavy loads with ease, an overhead switch panel for easy accessorization, and an overhead rear work light to illuminate the cargo box in low-light conditions. NorthStar Premium comes stock with 30" Kenda® CrossTrail tires and available 32" tires to overcome large obstacles and tough terrain.
2024 RANGER XD 1500 NorthStar Ultimate: Starting at US $44,999 / CAN $54,499
Rounding out the lineup is the RANGER XD 1500 NorthStar Ultimate, which features everything from the NorthStar Premium trim, plus the 7" infotainment display powered by RIDE COMMAND and heated seats. The NorthStar Ultimate trim also delivers an immersive sound experience, featuring full AM/FM radio with Bluetooth® streaming capability and industry-exclusive JBL® speakers for precise audio and premium sound. Finally, the vehicle comes standard with RIDE COMMAND+, allowing for vehicle health monitoring and more.
The 2024 RANGER XD 1500 lineup is expected to begin shipping to dealers in late summer. To learn more about the 2024 RANGER family, please visit https://ranger.polaris.com/en-us/ or join the conversation and follow on Facebooksm, Instagramsm, YouTubesm and Twittersm.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
Warning: vehicle rollaway can cause serious injury or death. This vehicle can roll whenever the gear selector is not in the park position. Always shift to park when stopping the engine or leaving the vehicle. When leaving the vehicle on an incline is unavoidable, use extra care. If leaving the vehicle unattended, block the rear wheels on the downhill side and keep children, pets, and others away form the gear selector. Notice: Vehicle payload and trailer weight will affect the angle of hill on which the vehicle will hold.
Kenda® is a registered trademark of Kenda Rubber Industrial Co, Ltd.
Bluetooth® is a registered trademark of Bluetooth Sig, Inc.
JBL® is a registered trademark of Harman International Industries, Incorporated
Rhino-Rack® is a registered trademark of Rhino Rack Australia Pty Limited
Unless noted, trademarks are the property of Polaris Industries Inc.
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SOURCE Polaris Inc. | https://www.kwch.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ | 2023-07-31T12:37:18 | 1 | https://www.kwch.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ |
New Zillow survey finds 80% of mortgage holders report having a rate of less than 5%
SEATTLE, July 31, 2023 /PRNewswire/ -- A new Zillow® survey has identified the mortgage rate tipping point that makes homeowners more likely to move, which is key in unlocking the housing market and slowing price growth. Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%.
Zillow's survey finds that about 80% of mortgage holders reported having a rate of less than 5%, and about 90% have a rate of less than 6%. Almost one-third reported a rate of less than 3%.
As today's mortgage rates near 7%, a vast majority of homeowners would need to finance a new home at a higher rate than the rate they currently hold, adding hundreds of dollars a month to their mortgage payment and creating an incentive to hold on to their home rather than move. This helps explain why Zillow data finds that 28% fewer new for-sale listings hit the market in June than a year ago.
"We expect mortgage rates may notch down slightly as inflation comes under control, but they are unlikely to return to 5% in the near future," said Orphe Divounguy, a senior economist at Zillow Home Loans. "That means many homeowners will move only for major life events, like a new baby or retirement. Over time, homeowners will likely accept higher rates as the new normal, but until then, the market could remain challenging for home shoppers, who will see fewer options and higher prices."
There is reason to be optimistic that more homes could hit the market in the next few years. Zillow's survey finds that nearly one-quarter of homeowners are considering selling their home in the next three years or currently have their home listed for sale (23%), which is significantly higher than the 15% of homeowners who said the same one year ago. The share is even greater among mortgage holders who have a rate above 5%. Nearly 40% of those homeowners say they would consider selling their home in the next three years (38%).
In the meantime, the shortage of for-sale homes is pushing up prices. Zillow's latest monthly market report finds that home values hit a record high in June, topping $350,000 for the first time nationally. Home values climbed in all of the 50 largest metro areas for a second month in a row.
Higher prices are compounding affordability challenges for buyers who are also facing today's higher mortgage interest rates. A typical monthly mortgage payment is more than twice as much as it was in 2020 and 13% higher than a year ago.
While these challenges have tempered demand, buyers are persisting and getting creative to achieve homeownership. A recent survey from Zillow Home Loans finds that nearly half of all buyers are buying points to lower their interest rate and reduce their monthly mortgage payment (45%). Mortgage points give buyers an option to pay an upfront fee to buy down the interest rate on a loan. Buyers are also making compromises on their wish lists and competing for smaller, more affordable homes.
There are tools to help buyers better understand what they can afford and to make homeownership more attainable. Buyers can find out if they're eligible for down payment assistance programs, which are listed on every for-sale home on Zillow. Buyers can also use mortgage and affordability calculators to understand what they can afford on a monthly basis, and then search for homes by monthly cost to land a home they can afford.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, great partners, and easier buying, selling, financing and renting experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®; Zillow Premier Agent®; Zillow Home Loans℠; Trulia®; Out East®; StreetEasy®; HotPads®; and ShowingTime+℠, which includes ShowingTime®, Bridge Interactive®, and dotloop®.
All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2023 MFTB Holdco, Inc., a Zillow affiliate.
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SOURCE Zillow Group, Inc. | https://www.kait8.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ | 2023-07-31T12:37:23 | 1 | https://www.kait8.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ |
New Oracle Cloud Native SCCA Landing Zone solution reduces barriers to cloud adoption and enables mission owners to rapidly build compliant architectures
AUSTIN, Texas, July 31, 2023 /PRNewswire/ -- Oracle Cloud Infrastructure (OCI) has introduced a new Secure Cloud Computing Architecture (SCCA) for the U.S. Department of Defense (DoD). The solution helps make security compliance and cloud adoption for mission-critical workloads easier, faster, and more cost effective by using a framework of cloud native services.
SCCA is a DoD security framework designed to provide a standard approach for boundary and application-level security for the Defense Information Systems Agency (DISA) Impact Level 4 and 5 data hosted in commercial cloud environments. Historically, SCCA compliance has required significant investment from DoD mission owners in the form of independent development efforts and third-party software licensing. The cost and time result in a significant challenge during cloud migrations.
Oracle Cloud Native SCCA Landing Zone provides a framework for securely running DoD mission workloads and storing Impact Level 2, 4, and 5 data in OCI government regions. The automation provided by the solution enables DoD mission owners to establish a compliant security architecture in just a few hours or days, instead of months. It uses cloud native infrastructure services, significantly accelerating the time to deployment of mission critical workloads by reducing architecture time and minimizing decision points.
"Oracle Cloud Native SCCA Landing Zone is a game changer for our customers. What we are doing is fundamentally different,"said Rand Waldron, vice president, OCI Global Government Sector. "We will deliver all the capabilities necessary for SCCA completely in native OCI services. Our customers will no longer have to manage multiple licenses, multiple vendor relationships, or multiple kinds of security configurations. Our SCCA solution will provide everything the customer needs to stand up an SCCA-compliant workload in the cloud.".
Learn more about Oracle's new Cloud Native SCCA Landing Zone solution in the OCI SCCA Architecture Guide.
Simplifying and accelerating DoD security compliance
The Oracle Cloud Native SCCA Landing Zone includes baseline configurations, rules, and templates that meet DISA Impact Level 2, 4 and 5 accreditation requirements. This is delivered using a standardized Infrastructure-as-Code (IAC) template that meets a set of SCCA controls in a simplified and repeatable way. Based on Terraform, OCI Landing Zones allow OCI customers to perform one click, best-practice deployments of multiple Oracle services at once. Customers can launch the templates from the Cloud Native SCCA Landing Zone, answer a few simple questions about their configuration, and have an architecture set up same day.
The solution also addresses the four primary technical components of the SCCA framework; Cloud Access Point (CAP), Virtual Data Center Security Stack (VDSS), Virtual Data Center Management Service (VDMS), and Trusted Cloud Credential Manager (TCCM). Customers who deploy the secure baseline using the Cloud Native SCCA Landing Zone are provided with an architecture guide, implementation guide, requirements checklist, reference architecture, and best practices to accelerate the accreditation of their application on OCI.
Security, compliance, consistent high performance, and simple, predictable pricing
The Oracle Cloud Native SCCA Landing Zone script and associated technical documentation are provided at no separate or additional charge under a customer's contract. Underlying consumable cloud services used to stand up Oracle Cloud Native SCCA in a customer's tenancy may be billable in accordance with the customer's contract. Oracle Cloud for DoD services are priced at the same, consistent global pricing as Oracle's commercial public cloud regions and meet DISA Impact Levels 2, 4, and 5 and FedRAMP+ authorization standards.
Commercial customers can also take advantage of the automated security posture outlined above. All OCI customers can leverage custom security zones with the SCCA and other OCI Landing Zones that allow organizations to apply security policies and prevent changes that could weaken a customer's security configuration quickly and easily. Learn more about Oracle Landing Zones here.
Oracle Cloud Native SCCA Landing Zone scripts are available within the OCI Console, through GitHub, and from the Hosting and Compute Center (HaCC) website.
Additional Resources
- Oracle Cloud for DOD
- DISA IL5 Authorized Oracle Cloud for Government for U.S. Defense and Intelligence
- Oracle FedRAMP Authorizations
- Government Region Service Catalog
- Oracle and U.S. Defense Department continue their partnership with JWCC
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Trademarks
Oracle, Java, MySQL, and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company--ushering in the new era of cloud computing.
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SOURCE Oracle | https://www.wafb.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ | 2023-07-31T12:37:26 | 1 | https://www.wafb.com/prnewswire/2023/07/31/oracle-introduces-first-cloud-native-secure-cloud-computing-architecture-solution-us-dod/ |
Pitstick brings product, operations, and value-based care expertise to leading behavioral health provider
SARATOGA SPRINGS, N.Y., July 31, 2023 /PRNewswire/ -- aptihealth, the leading tech-driven behavioral healthcare provider built for higher acuity care, today announced that Regina Pitstick has joined the organization as Senior Vice President of aptihealth Medical Group.
Most recently, Pitstick was VP Advocacy Product & Innovation for the Employer and Individual segment at UnitedHealth Group, where she drove the company's product strategy and vision, focused on delivering a seamless, personalized patient experience. Responsible for product development initiatives, Pitstick's leadership and experience fueled successful long-range strategies, broader market penetration and deeper engagement for over 15M consumers.
"Regina brings more than twenty years of extremely relevant experience in the healthcare industry to aptihealth—including a deep skillset in digital health start-ups, product development, operations, process improvement and value-based care," said Tim Koehler, President and Chief Operating Officer of aptihealth. "Regina's patient-centered approach, insightful understanding of the health care landscape, innovate approach, and impeccable ability to execute strategic initiatives will greatly enhance our medical group. She's ideal for this critical role at aptihealth as we continue to pursue our mission of becoming the nation's preeminent provider of behavioral health services."
Pitstick joins aptihealth at a time of significant growth, having served nearly 15,000 patients for leading national and regional health plans. aptihealth expects to more than double its patients in 2023, with a majority covered by value-based care contracts.
"The value that aptihealth is providing to health plans, physicians groups, health systems and higher-acuity patients simply can't be underestimated," indicated Pitstick. "Whether it's the company's commitment to engaging new patients at any point of care, to their proprietary screening and assessment tools, to their proven ability to improve outcomes and decrease the overall cost of care, it's not hyperbole to state that aptihealth is changing the behavioral healthcare game. I'm thrilled to have the opportunity to help aptihealth continue to improve its care model, meet its strategic goals, and intelligently achieve its considerable opportunities for growth."
About aptihealth
aptihealth is improving higher acuity behavioral healthcare for populations who need it most—one patient at a time. The company's virtual-first model and proprietary screening, assessment, and treatment programs give members fast, convenient access to precise, personalized care. Headquartered in Saratoga Springs and employing over 150, aptihealth has raised over $70 million in funding from leading international private equity firms. The company's care program and data insights are driving breakthroughs in mental health understanding, treatment, outcomes, and cost reduction. Learn more at: www.aptihealth.com.
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SOURCE aptihealth | https://www.kait8.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ | 2023-07-31T12:37:29 | 1 | https://www.kait8.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ |
Highlights Include the Return of Polaris Sportsman 570 and XP 1000 Hunt Editions, Along with a Host of
Aesthetic and Performance Upgrades Across the Lineup
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- On the heels of debuting its innovative Polaris XPEDITION and the all new Extreme Duty RANGER XD 1500, Polaris Off Road today unveiled updates for 2024 to the off-road industry's most expansive lineup. The 2024 lineup features a host of rider-inspired updates and refreshed styling and new colors. Additionally, the customer-favorite Polaris Sportsman 570 and XP 1000 Hunt editions make a return, and a Premium trim offering is now available on the 2024 GENERAL 1000 to provide customers with an upgrade in style and performance. RIDE COMMAND+ also received enhanced features for 2024, delivering unmatched connectivity and peace of mind to riders through all-new Location Bump Alerts and Check-In Messages.
"From the completely redesigned 2024 RZR XP and the industry's first "adventure side-by-side" Polaris XPEDITION, to our introduction of the all-new RANGER XD 1500, this year has been a powerful showcase of our ongoing commitment to lead the industry and innovate for our riders," said Steve Menneto, President of Polaris Off Road. "While those revolutionary product debuts are pivotal, our unwavering focus on refining and enhancing our current offerings based on customer needs and feedback remains essential, and that's what the 2024 updates represent."
From fresh new styles and colorways, to improved trim levels that appeal to a wide variety of riders, the Polaris Off Road 2024 model year lineup and RIDE COMMAND+ technology enhancements include the following:
RIDE COMMAND+:
Making its debut last fall, RIDE COMMAND+, the industry's first connected-vehicle technology, continues to roll out new enhancements to its service for 2024. With new features like Location Alerts, that will notify the owner if its vehicle has been bumped or moved from its last location, owners can now protect their vehicle more than ever before. RIDE COMMAND+ is now available as a factory option for 2024 RZR Pro R Ultimate, RANGER XD 1500 NorthStar, RANGER XP 1000 NorthStar, Polaris XPEDITION NorthStar and Sportsman XP 1000 RIDE COMMAND Edition. This service is also available on most 2024 RZR, RANGER, Sportsman and Polaris XPEDITION models as an accessory install.
Sportsman
Polaris Sportsman, the long-standing No. 1 selling automatic 4x4 ATV, is reintroducing the Sportsman 570 and XP 1000 Hunt Editions, while also implementing key improvements across the core 2024 lineup. A customer favorite, specifically designed to meet the unique needs of hunters, the Sportsman 570 and XP 1000 Hunt editions include accessories such as the 3,500 lb Polaris Winch, Kolpin Gun Scabbard & Mount, Kolpin Ratchet Claws and more.
Additionally, the 2024 Sportsman 450 and 570 lineup boasts several quality refinements for a better riding experience including a new rear brake pedal for reduced pedal effort and feel, improved sealing around the shifter, and enhanced seat fitment delivering a more comfortable ride. The 570 EPS trim and above will also include enhanced PVT clutch sealing with a higher intake location for better performance in wet conditions.
For added utility, the model year 2024 Sportsman 570 lineup will be equipped with new LED lights for the Premium and Utility HD for added visibility from dawn to dusk.
New color options also are available for the 570 Premium and Trail, 570 Ride Command Edition, Sportsman 850 Premium and Ultimate Trail, Sportsman XP 1000 Ultimate Trail, Sportsman XP 1000 High Lifter Edition, Scrambler XP 1000 S and Sportsman XP 1000 S.
The 2024 Sportsman lineup starts at $6,999 US MSRP and will begin shipping to dealers this early fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/sportsman/
GENERAL
Polaris GENERAL is the industry's most versatile crossover side-by-side, capable of tackling tough trails, while also knocking out tasks around the property. For 2024, the GENERAL 1000 receives a new Premium trim offering that provides both style and performance enhancements. Featuring 14" wheels with 27" Coronado tires, and FOX® Podium QS3® shocks that riders can adjust between soft, medium and firm based on terrain changes, the new Premium trim will deliver a smooth ride over rugged terrain, while LED headlights provide greater visibility at morning and night. These upgrades will help riders knock out more tasks and hit the trails confidently in the GENERAL 1000.
Additionally, new colorways on the GENERAL 1000 model include Ghost Gray and Volcanic Orange. The Premium and Ultimate trim levels for the GENERAL XP will feature new colors and graphics in Matte Silver Quartz and Polaris Blue.
The 2024 GENERAL lineup starts at $17,499 US MSRP and will begin shipping to dealers this summer. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/general/
RZR
Polaris RZR, the No. 1 sport side-by-side brand, receives fresh new colors and graphics across its lineup, helping riders make a bold statement when hitting the trails. The 2024 RZR Trail and RZR Trail S are now available in Storm Blue on the Sport trim and two-tone Storm Blue with White Lightning on the Ultimate. Both Sport and Ultimate trim levels now receive the same upgraded steering wheel offered in the fully-redesigned 2024 RZR XP that provides a sportier feel while driving on trails. New for 2024, the RZR Trail and Trail S Sport level feature electric power steering and LED headlights standard, providing riders easier steering input on tight trail corners and enhanced visibility. Additionally for 2024, the RZR Trail S Ultimate trim now features Walker Evans Racing® shocks, while the Sport trim moved to ZF Sachs shocks, both offering riders plush suspension performance against the rugged terrain.
For 2024, the RZR Pro XP Sport and Premium models feature Walker Evans Racing® shocks, while the Ultimate will continue to be equipped with FOX® Live Valve shocks with DYNAMIX active suspension. Both the Premium and Ultimate trim received a refresh with new graphics on the Super Graphite colorway.
Lastly and by consumer demand, the Wide Open lineup of RZR Pro R and RZR Turbo R receives refreshed color options for 2024. For the first time since launching, the RZR Pro R Ultimate is available in an all-new Matte Onyx Black with Lifted Lime accents or Matte Heavy Metal, while the Premium trim level is offered in Matte Heavy Metal. The 2024 RZR Turbo R also welcomes vibrant new colors like Velocity Blue with Green Burst accents and Military Tan with Orange Burst accents.
The 2024 RZR lineup starts at $15,999 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/rzr/
RANGER
In addition to the newly launched Extreme Duty RANGER XD 1500, the Polaris RANGER lineup receives a variety of rider-inspired upgrades and quality refinements for 2024. RANGER SP 570 gets new color options, while the NorthStar Edition gets exclusive tailgate badging and new 25" 8-ply Pro Armor X-Terrain tires for added durability and enhanced puncture resistance.
Additionally, Polaris expands the color options for the RANGER 1000 Premium which will now be offered in the sleek Granite Grey color and graphics, while the XP 1000 will be featured in two new options: Desert Sand and Super Graphite with orange burst accents. Furthermore, the RANGER XP 1000 NorthStar Ultimate model boasts connectivity features such as vehicle health, issue diagnostics, and maintenance reminders enabled by RIDE COMMAND+.
The 2024 RANGER lineup starts at $11,699 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/ranger/
Youth
Dedicated to inspiring the next generation of riders, Polaris Off Road delivers the industry's largest and most varied lineup of youth offerings. For 2024, the Polaris ORV Youth lineup receives a refresh with eye-catching new colors and graphics. This lineup continues to provide industry-leading safety features that give parents peace of mind and help instill confidence in growing riders, including pin code start, adjustable speed limiter, geofencing, helmet aware technology and industry-exclusive safety gear kit.
Specifically, the 2024 RZR 200 EFI is now offered in Storm Gray and a new graphic pattern with bright red accents. The Outlaw 70 EFI ATV is offered in Velocity Blue with either Lifted Lime or Fierce Fuchsia accents, while the Outlaw 110 EFI is now offered in both Bright White with Polaris Blue and Bright White with Radiant Green details.
The 2024 Polaris Youth lineup starts at $2,999 US MSRP and will begin shipping to dealers this winter. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/shop-by-use/youth/
Polaris XPEDITION
The Polaris XPEDITION, which recently launched in May 2023, is the first-of-its-kind adventure side-by-side, combining the all-terrain capabilities of traditional side-by-sides with comfort and cargo capabilities typically associated with overlanding at the highest level. With a host of standard features and optional configurations to accommodate the greatest range of outdoor pursuits and enable consumers to keep chasing the wild, the 2024 Polaris XPEDITION XP and ADV are the most adaptable, comfortable and capable adventure machine on the market.
The 2024 Polaris XPEDITION lineup starts at $28,999 US MSRP and is currently shipping to dealers. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/polaris-xpedition/
To learn more about the Polaris ORV 2024 lineup and to stay up to date on testing and demo opportunities, please visit https://offroad.polaris.com/en-us/ or join the conversation and follow on FacebookSM, InstagramSM, YouTubeSM and TwitterSM. Walker Evans Racing® is a registered trademark of Walker Evans Enterprises Incorporated; FOX® is a registered trademark of Fox Factory Inc.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
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SOURCE Polaris Inc. | https://www.kwch.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ | 2023-07-31T12:37:30 | 0 | https://www.kwch.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ |
Introducing the industry's first-ever utility side-by-side with a 1500cc 3-cylinder engine for more power to make tough jobs easier and the industry's only STEELDRIVE transmission for greater durability
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- Polaris Off Road, the global leader in powersports and off-road innovation, is once again breaking new ground with the industry's first extreme duty utility side-by-side: the all-new RANGER XD 1500. With its unprecedented capability, brute strength and unmatched comfort, the new extreme duty class of RANGER side-by-sides are engineered with the first-ever ProStar 1500cc 3-cylinder engine that offers an industry-leading 110 horsepower, the industry-exclusive STEELDRIVE automatic transmission for greater durability and precise control, and over 70 new accessories for enhanced customization, highlighted by Polaris' exclusive Lock & Ride MAX system. The RANGER XD 1500 establishes a new benchmark for utility side-by-sides.
"We spent over five years meeting with farmers, ranchers, large acreage property owners and big game hunters to develop an extreme duty vehicle that was missing from the market. From its ProStar 1500cc engine to the industry's only STEELDRIVE transmission, RANGER XD 1500 is unlike anything else offered today and is yet another example of our relentless commitment to advancing the industry with fresh thinking and innovative solutions that meet the real-world needs of our utility customers," said Steve Menneto, President of Polaris Off Road.
"Polaris RANGER has been the No. 1 selling utility side-by-side brand for more than 15 years and with the introduction of RANGER Extreme Duty, we've taken the industry's hardest-working lineup and expanded it," said Chris Judson, Vice President of Off Road Utility. "A segment of our utility customers said they are facing exceptionally large tasks and they simply need a machine with more power, more torque, more hauling and towing capacity, and more durability. And our team set out to deliver just that, incorporating dozens of new features and the latest engineering to make the RANGER XD 1500 more capable, stronger, and more comfortable than any other utility side-by-side out there."
Unprecedented Capability
Farmers, ranchers, and large landowners routinely haul and tow heavy loads around the property, and they've been asking for a solution when it comes to their heaviest tasks. The RANGER XD 1500 delivers unprecedented capability for hard-working customers to haul more, tow more, and get more done in less time. With the industry's only 1500cc utility engine, the RANGER XD 1500 provides over 30% more power and over 50% more torque than the next closest competitor.
- ProStar 1500cc 3-Cylinder Engine – Effortless towing, hauling, and confidence in tough terrain with an industry-leading 110HP and 105 lb-ft torque.
- 1,500 lb Cargo Box Capacity – Three-quarter ton box capacity providing nearly 50% more box volume than existing models for maximum productivity with fewer trips and bigger loads.
- 3,500 lb Towing Capacity – For those routinely towing heavy loads on the property, drive better productivity with nearly 40% more towing than existing models.
- Industry-leading Ground Clearance – All RANGER XD 1500 models get 15" of ground clearance with high-clearance arched A-arms to overcome large obstacles.
Brute Strength
Utility customers asked for a more durable, longer lasting offering to maximize their uptime and drive efficiency. Designed to last longer than any model before it, RANGER XD 1500 is the industry's most durable utility side-by-side and has been engineered from the ground up to be stronger and stand up to the demands of the longest days.
- Industry-exclusive STEELDRIVE transmission – Offers a 100 percent steel constructed belt that delivers smooth, precise operation and a fully sealed, liquid-cooled design for unmatched durability.
- High-Strength Steel Heavy Duty Frame – RANGER XD 1500 has a high-strength steel one-piece chassis featuring 160 percent more torsional stiffness for a smoother ride and better cab sealing.
- Industry-leading Service Intervals – RANGER XD 1500 offers the industry's longest service intervals so customers can maximize their uptime.
Unmatched Comfort
- From the farm to remote backcountry, utility customers work from before the sun rises to after it sets, and need something that delivers all-day comfort. Beyond industry-leading capability and durability, the RANGER XD 1500 prioritizes comfort across the entire lineup to keep customers going strong on the longest days.
- Most Spacious Interior – Equipped with the most spacious and premium cab available in utility side-by-sides, the XD 1500 offers increased leg and shoulder room, making it easy to enter and exit the vehicle. Adjustable seating and a telescopic steering wheel lets drivers find the perfect fit for height and riding preferences.
- Premium Seating – Contoured seating with added bolstering provides more rider comfort along with a center seat that flips down into an armrest with additional cup holders.
- Available Heated Seats – For comfort on the coldest days, RANGER XD 1500 NorthStar Ultimate is the first utility side-by-side that comes from the factory with heated seats.
- Drive Modes – RANGER XD 1500 comes with an intuitive and easy-to-use rotary drive mode selector that lets customers choose from four different drive modes, including:
- Heating and Air Conditioning (HVAC) – Riders can stay comfortable in harsh weather conditions in the RANGER XD 1500 NorthStar Edition, featuring an all-new HVAC system and a fully-enclosed, next generation ProShield cab that's been redesigned with improved sealing to prevent dust and water intrusion, while locking in the temperature from the climate-controlled cab.
- Sun Visors – All-new integrated sun visors provide improved visibility throughout the day for added confidence while driving.
- RIDE COMMAND – Available 7" waterproof touchscreen display powered by RIDE COMMAND technology featuring a back-up camera, GPS navigation regardless of cell service, and AM/FM radio with Bluetooth® streaming capability.
- RIDE COMMAND+ – Customers can keep tabs on their vehicle directly from the Polaris App and access critical vehicle information like vehicle location, maintenance reminders, and issue diagnostics right from the palm of their hand with the industry's only connected-vehicle technology. Available from the factory on NorthStar Ultimate.
Customization
Customers have been asking for increased versatility, durability, and ease of use for the different work applications they face throughout the day. With over 70 new Polaris Engineered Accessory options designed specifically for the RANGER XD 1500, plus options from partners brands including JBL®, Rhino Rack®, Pro Armor, Kolpin, and HD Parts, customers have more opportunity than ever before to make their vehicle fit their specific needs.
- Lock & Ride MAX – Polaris' easiest to use, most versatile, and confident accessory attachment platform ever. With customizable configurations and the ability to reconfigure on the fly with no tools required, this new accessory platform allows users to prepare for their day, their way. Customers can simply choose and place their accessory, lock it in place, and ride confidently knowing their gear is secure.
- New JBL® Audio – Polaris partnered with JBL® to create the highest performing audio system ever included in a RANGER from the factory. For customers wanting to turn it up a notch, the JBL® Trail Pro 4200 audio upgrade adds rear speakers and two subwoofers for an immersive audio experience.
- Glacier Pro HD Plow – New 84" plow designed for faster, more efficient plowing during the winter months. A hydraulic plow lift and angle kit can be paired with an all-new plow controller to manage the largest plow Polaris has ever offered, all without ever leaving the comfort of the cab.
2024 RANGER XD 1500 Premium: Starting at US $29,999 / CAN $36,199
The RANGER XD 1500 Premium commands a large presence thanks to heavy-duty components and the industry's largest bumper, providing complete front-end protection. The vehicle comes equipped with one of the most comprehensive standard packages in a side-by-side to date including 29" tires, tilt steering and seat slider for customizable comfort, four drive modes, high output LED headlights for enhanced visibility, and USB ports with multiple charging capabilities. The vehicle also comes equipped with boosted brakes and heavy-duty suspension to ensure performance across a variety of off-road environments.
2024 RANGER XD 1500 NorthStar Premium: Starting at US $39,999 / CAN $48,799
The next step up is the RANGER XD 1500 NorthStar Premium. This machine features a fully enclosed cab with HVAC temperature and five different mode controls, lockable full doors with power windows and a fixed front glass windshield. Additional features include an electronically controlled power tilt bed to dump heavy loads with ease, an overhead switch panel for easy accessorization, and an overhead rear work light to illuminate the cargo box in low-light conditions. NorthStar Premium comes stock with 30" Kenda® CrossTrail tires and available 32" tires to overcome large obstacles and tough terrain.
2024 RANGER XD 1500 NorthStar Ultimate: Starting at US $44,999 / CAN $54,499
Rounding out the lineup is the RANGER XD 1500 NorthStar Ultimate, which features everything from the NorthStar Premium trim, plus the 7" infotainment display powered by RIDE COMMAND and heated seats. The NorthStar Ultimate trim also delivers an immersive sound experience, featuring full AM/FM radio with Bluetooth® streaming capability and industry-exclusive JBL® speakers for precise audio and premium sound. Finally, the vehicle comes standard with RIDE COMMAND+, allowing for vehicle health monitoring and more.
The 2024 RANGER XD 1500 lineup is expected to begin shipping to dealers in late summer. To learn more about the 2024 RANGER family, please visit https://ranger.polaris.com/en-us/ or join the conversation and follow on Facebooksm, Instagramsm, YouTubesm and Twittersm.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
Warning: vehicle rollaway can cause serious injury or death. This vehicle can roll whenever the gear selector is not in the park position. Always shift to park when stopping the engine or leaving the vehicle. When leaving the vehicle on an incline is unavoidable, use extra care. If leaving the vehicle unattended, block the rear wheels on the downhill side and keep children, pets, and others away form the gear selector. Notice: Vehicle payload and trailer weight will affect the angle of hill on which the vehicle will hold.
Kenda® is a registered trademark of Kenda Rubber Industrial Co, Ltd.
Bluetooth® is a registered trademark of Bluetooth Sig, Inc.
JBL® is a registered trademark of Harman International Industries, Incorporated
Rhino-Rack® is a registered trademark of Rhino Rack Australia Pty Limited
Unless noted, trademarks are the property of Polaris Industries Inc.
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SOURCE Polaris Inc. | https://www.wafb.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ | 2023-07-31T12:37:32 | 1 | https://www.wafb.com/prnewswire/2023/07/31/polaris-expands-its-ranger-lineup-with-all-new-ranger-xd-1500-an-entirely-new-class-extreme-duty-utility-side-by-sides/ |
BEIJING, July 31, 2023 /PRNewswire/ -- SANY Group ("SANY") has announced the 2023 employee stock ownership plan (ESOP). This is the fourth consecutive year that SANY has launched the ESOP, which gives employees an opportunity to own shares in the company through the setting up of incentive funds. The 2023 ESOP has set up a fund size of around 590 million yuan (USD 82 million) with a share repurchase price planned at 16.13 yuan per share (USD 2.24). The capital will be from the incentive funds accrued following relevant provisions of the group.
SANY has always focused on improving employee benefits and adhering to the principle of "growing together, pursuing common development, and sharing achievements." By establishing a comprehensive incentive and restraining mechanism, it aims to inspire employees' enthusiasm and creativity and align the interests of shareholders, the listed company, and individuals. This encourages all parties to join efforts to boost SANY's long-term development.
SANY's annual ESOP aims to share the fruits of the group's achievements with employees. The number of employees awarded with stock ownership incentives is growing annually, and the proportion of mid-level and key position employees is increasing year by year:
- 2020: SANY awarded 8.31 million shares to 2,264 employees, 71.52 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2021: SANY awarded 7.54 million shares to 4,205 employees, 91.33 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2022: SANY awarded 20.5 million shares to 6,996 employees, 94.26 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2023: SANY is awarding 36.62 million shares to 7,131 employees, 95.69 percent were employees in mid-level management, key positions, and core business (technical) positions.
The source of shares for the 2023 ESOP is the shares that have already been repurchased by SANY's special account. It does not exceed 36.62 million shares in total and is within one percent of SANY's current total capital stock.
In the meantime, SANY Renewable Energy (SH688349) released an announcement relating to exercising of the second exercise period of the 2020 stock option incentive plan, with 16.0368 million granted options to be exercised, with a three-year restricted period. The subsidiary is committed to becoming a global leader of clean energy equipment and services, and contributing to reaching the goals of carbon peaking and carbon neutrality.
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SOURCE SANY Group | https://www.kait8.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ | 2023-07-31T12:37:36 | 1 | https://www.kait8.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ |
BUFFALO, N.Y., July 31, 2023 /PRNewswire/ --
UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF NEW YORK
SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, AND PROPOSED SETTLEMENT OF CLASS ACTION; (II) SETTLEMENT HEARING; AND (III) MOTION FOR AN AWARD OF
ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES
TO: All persons and entities who, during the period from February 18, 2016 through July 31, 2019, inclusive (the "Settlement Class Period"), purchased or otherwise acquired 22nd Century Group, Inc. ("22nd Century") common stock and were allegedly damaged thereby (the "Settlement Class").
PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Western District of New York, that the above-captioned litigation (the "Action") has been certified as a class action on behalf of the Settlement Class, except for certain persons and entities who are excluded from the Settlement Class as set forth in the full printed Notice Of (I) Pendency Of Class Action, Certification Of Settlement Class, And Proposed Settlement of Class Action; (II) Settlement Hearing; And (III) Motion For An Award Of Attorneys' Fees And Reimbursement Of Litigation Expenses (the "Notice").
YOU ARE ALSO NOTIFIED that Lead Plaintiffs in the Action have reached a proposed settlement of the Action for $3,000,000.00 in cash (the "Settlement"), that, if approved, will resolve all claims in the Action.
This Summary Notice relates to the proposed Settlement of claims in a pending securities class action lawsuit brought by investors alleging, among other things, that Defendants 22nd Century, Henry Sicignano, III, and John T. Brodfuehrer (collectively, the "Defendants") violated the federal securities laws by making alleged misrepresentations or omissions regarding certain alleged stock promotion articles and Defendants' alleged failure to disclose an investigation by the Securities and Exchange Commission ("SEC") into a material weakness in 22nd Century's internal controls, which Defendants deny.
A hearing will be held on October 3, 2023 at 11:00 a.m., before the Honorable Michael J. Roemer, United States Magistrate Judge, at the United States District Court for the Western District of New York, Robert H. Jackson United States Courthouse, 2 Niagara Square, Buffalo, New York 14202, or by telephonic, video conferencing or other electronic means, as posted on the website of the Claims Administrator. The hearing will determine (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation And Agreement Of Settlement (and in the Notice) should be granted; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; (iv) whether Lead Counsel's application for an award of attorneys' fees and reimbursement of Litigation Expenses should be approved, and (v) whether to award Lead Plaintiff for reimbursement of Lead Plaintiffs' time and expenses out of the Settlement Fund and pursuant to 15 U.S.C. §78u-4(a)(4) in connection with their representation of the Settlement Class and, if so, in what amount.
If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund. If you have not yet received the Notice and Claim Form, you may obtain copies of these documents by contacting the Claims Administrator at 22nd Century Securities Litigation, c/o Epiq, P.O. Box 3839, Portland, OR 97208-3839. Copies of the Notice and Claim Form can also be downloaded from the website maintained by the Claims Administrator, www.22ndCenturySecuritiesLitigation.com.
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form either online at the Settlement website, www.22ndCenturySecuritiesLitigation.com, by October 10, 2023, or by first class postage prepaid U.S. mail postmarked no later than October 10, 2023. If you are a Settlement Class Member and do not timely submit a proper Claim Form, you will not be eligible to share in the distribution of the net proceeds of the Settlement but you will nevertheless be bound by any judgments or orders entered by the Court in the Action.
If you are a member of the Settlement Class and wish to exclude yourself from the Settlement Class, you must submit a request for exclusion such that it is received no later than September 12, 2023, in accordance with the instructions set forth in the Notice. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action and you will not be eligible to share in the proceeds of the Settlement.
Any objections to the proposed Settlement, the proposed Plan of Allocation, or Lead Counsel's motion for attorneys' fees and reimbursement of expenses, must be filed with the Court and delivered to representatives of Lead Counsel and Defendants' counsel such that they are received no later than September 12, 2023, in accordance with the instructions set forth in the Notice.
Please do not contact the Court, the Clerk's office, 22nd Century, or Defendants' counsel regarding this notice. All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.
Requests for the Notice and Claim Form should be made to:
22nd Century Securities Litigation
c/o Epiq
P.O. Box 3839
Portland, OR 97208-3839
Inquiries, other than requests for the Notice and Claim Form, should be made to Lead Counsel:
POMERANTZ LLP
Jeremy A. Lieberman
Brian Calandra
600 Third Avenue, 20th Floor
New York, NY 10016
jalieberman@pomlaw.com
bcalandra@pomlaw.com
Dated: August 7, 2023
By Order of the Court
United States District Court
Western District of New York
URL: www.22ndCenturySecuritiesLitigation.com
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SOURCE Pomerantz LLP | https://www.kwch.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ | 2023-07-31T12:37:37 | 1 | https://www.kwch.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ |
Highlights Include the Return of Polaris Sportsman 570 and XP 1000 Hunt Editions, Along with a Host of
Aesthetic and Performance Upgrades Across the Lineup
MINNEAPOLIS, July 31, 2023 /PRNewswire/ -- On the heels of debuting its innovative Polaris XPEDITION and the all new Extreme Duty RANGER XD 1500, Polaris Off Road today unveiled updates for 2024 to the off-road industry's most expansive lineup. The 2024 lineup features a host of rider-inspired updates and refreshed styling and new colors. Additionally, the customer-favorite Polaris Sportsman 570 and XP 1000 Hunt editions make a return, and a Premium trim offering is now available on the 2024 GENERAL 1000 to provide customers with an upgrade in style and performance. RIDE COMMAND+ also received enhanced features for 2024, delivering unmatched connectivity and peace of mind to riders through all-new Location Bump Alerts and Check-In Messages.
"From the completely redesigned 2024 RZR XP and the industry's first "adventure side-by-side" Polaris XPEDITION, to our introduction of the all-new RANGER XD 1500, this year has been a powerful showcase of our ongoing commitment to lead the industry and innovate for our riders," said Steve Menneto, President of Polaris Off Road. "While those revolutionary product debuts are pivotal, our unwavering focus on refining and enhancing our current offerings based on customer needs and feedback remains essential, and that's what the 2024 updates represent."
From fresh new styles and colorways, to improved trim levels that appeal to a wide variety of riders, the Polaris Off Road 2024 model year lineup and RIDE COMMAND+ technology enhancements include the following:
RIDE COMMAND+:
Making its debut last fall, RIDE COMMAND+, the industry's first connected-vehicle technology, continues to roll out new enhancements to its service for 2024. With new features like Location Alerts, that will notify the owner if its vehicle has been bumped or moved from its last location, owners can now protect their vehicle more than ever before. RIDE COMMAND+ is now available as a factory option for 2024 RZR Pro R Ultimate, RANGER XD 1500 NorthStar, RANGER XP 1000 NorthStar, Polaris XPEDITION NorthStar and Sportsman XP 1000 RIDE COMMAND Edition. This service is also available on most 2024 RZR, RANGER, Sportsman and Polaris XPEDITION models as an accessory install.
Sportsman
Polaris Sportsman, the long-standing No. 1 selling automatic 4x4 ATV, is reintroducing the Sportsman 570 and XP 1000 Hunt Editions, while also implementing key improvements across the core 2024 lineup. A customer favorite, specifically designed to meet the unique needs of hunters, the Sportsman 570 and XP 1000 Hunt editions include accessories such as the 3,500 lb Polaris Winch, Kolpin Gun Scabbard & Mount, Kolpin Ratchet Claws and more.
Additionally, the 2024 Sportsman 450 and 570 lineup boasts several quality refinements for a better riding experience including a new rear brake pedal for reduced pedal effort and feel, improved sealing around the shifter, and enhanced seat fitment delivering a more comfortable ride. The 570 EPS trim and above will also include enhanced PVT clutch sealing with a higher intake location for better performance in wet conditions.
For added utility, the model year 2024 Sportsman 570 lineup will be equipped with new LED lights for the Premium and Utility HD for added visibility from dawn to dusk.
New color options also are available for the 570 Premium and Trail, 570 Ride Command Edition, Sportsman 850 Premium and Ultimate Trail, Sportsman XP 1000 Ultimate Trail, Sportsman XP 1000 High Lifter Edition, Scrambler XP 1000 S and Sportsman XP 1000 S.
The 2024 Sportsman lineup starts at $6,999 US MSRP and will begin shipping to dealers this early fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/sportsman/
GENERAL
Polaris GENERAL is the industry's most versatile crossover side-by-side, capable of tackling tough trails, while also knocking out tasks around the property. For 2024, the GENERAL 1000 receives a new Premium trim offering that provides both style and performance enhancements. Featuring 14" wheels with 27" Coronado tires, and FOX® Podium QS3® shocks that riders can adjust between soft, medium and firm based on terrain changes, the new Premium trim will deliver a smooth ride over rugged terrain, while LED headlights provide greater visibility at morning and night. These upgrades will help riders knock out more tasks and hit the trails confidently in the GENERAL 1000.
Additionally, new colorways on the GENERAL 1000 model include Ghost Gray and Volcanic Orange. The Premium and Ultimate trim levels for the GENERAL XP will feature new colors and graphics in Matte Silver Quartz and Polaris Blue.
The 2024 GENERAL lineup starts at $17,499 US MSRP and will begin shipping to dealers this summer. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/general/
RZR
Polaris RZR, the No. 1 sport side-by-side brand, receives fresh new colors and graphics across its lineup, helping riders make a bold statement when hitting the trails. The 2024 RZR Trail and RZR Trail S are now available in Storm Blue on the Sport trim and two-tone Storm Blue with White Lightning on the Ultimate. Both Sport and Ultimate trim levels now receive the same upgraded steering wheel offered in the fully-redesigned 2024 RZR XP that provides a sportier feel while driving on trails. New for 2024, the RZR Trail and Trail S Sport level feature electric power steering and LED headlights standard, providing riders easier steering input on tight trail corners and enhanced visibility. Additionally for 2024, the RZR Trail S Ultimate trim now features Walker Evans Racing® shocks, while the Sport trim moved to ZF Sachs shocks, both offering riders plush suspension performance against the rugged terrain.
For 2024, the RZR Pro XP Sport and Premium models feature Walker Evans Racing® shocks, while the Ultimate will continue to be equipped with FOX® Live Valve shocks with DYNAMIX active suspension. Both the Premium and Ultimate trim received a refresh with new graphics on the Super Graphite colorway.
Lastly and by consumer demand, the Wide Open lineup of RZR Pro R and RZR Turbo R receives refreshed color options for 2024. For the first time since launching, the RZR Pro R Ultimate is available in an all-new Matte Onyx Black with Lifted Lime accents or Matte Heavy Metal, while the Premium trim level is offered in Matte Heavy Metal. The 2024 RZR Turbo R also welcomes vibrant new colors like Velocity Blue with Green Burst accents and Military Tan with Orange Burst accents.
The 2024 RZR lineup starts at $15,999 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/rzr/
RANGER
In addition to the newly launched Extreme Duty RANGER XD 1500, the Polaris RANGER lineup receives a variety of rider-inspired upgrades and quality refinements for 2024. RANGER SP 570 gets new color options, while the NorthStar Edition gets exclusive tailgate badging and new 25" 8-ply Pro Armor X-Terrain tires for added durability and enhanced puncture resistance.
Additionally, Polaris expands the color options for the RANGER 1000 Premium which will now be offered in the sleek Granite Grey color and graphics, while the XP 1000 will be featured in two new options: Desert Sand and Super Graphite with orange burst accents. Furthermore, the RANGER XP 1000 NorthStar Ultimate model boasts connectivity features such as vehicle health, issue diagnostics, and maintenance reminders enabled by RIDE COMMAND+.
The 2024 RANGER lineup starts at $11,699 US MSRP and will begin shipping to dealers this fall. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/ranger/
Youth
Dedicated to inspiring the next generation of riders, Polaris Off Road delivers the industry's largest and most varied lineup of youth offerings. For 2024, the Polaris ORV Youth lineup receives a refresh with eye-catching new colors and graphics. This lineup continues to provide industry-leading safety features that give parents peace of mind and help instill confidence in growing riders, including pin code start, adjustable speed limiter, geofencing, helmet aware technology and industry-exclusive safety gear kit.
Specifically, the 2024 RZR 200 EFI is now offered in Storm Gray and a new graphic pattern with bright red accents. The Outlaw 70 EFI ATV is offered in Velocity Blue with either Lifted Lime or Fierce Fuchsia accents, while the Outlaw 110 EFI is now offered in both Bright White with Polaris Blue and Bright White with Radiant Green details.
The 2024 Polaris Youth lineup starts at $2,999 US MSRP and will begin shipping to dealers this winter. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/shop-by-use/youth/
Polaris XPEDITION
The Polaris XPEDITION, which recently launched in May 2023, is the first-of-its-kind adventure side-by-side, combining the all-terrain capabilities of traditional side-by-sides with comfort and cargo capabilities typically associated with overlanding at the highest level. With a host of standard features and optional configurations to accommodate the greatest range of outdoor pursuits and enable consumers to keep chasing the wild, the 2024 Polaris XPEDITION XP and ADV are the most adaptable, comfortable and capable adventure machine on the market.
The 2024 Polaris XPEDITION lineup starts at $28,999 US MSRP and is currently shipping to dealers. For additional pricing on the entire model lineup, visit https://www.polaris.com/en-us/off-road/polaris-xpedition/
To learn more about the Polaris ORV 2024 lineup and to stay up to date on testing and demo opportunities, please visit https://offroad.polaris.com/en-us/ or join the conversation and follow on FacebookSM, InstagramSM, YouTubeSM and TwitterSM. Walker Evans Racing® is a registered trademark of Walker Evans Enterprises Incorporated; FOX® is a registered trademark of Fox Factory Inc.
About Polaris
As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe. www.polaris.com
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SOURCE Polaris Inc. | https://www.wafb.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ | 2023-07-31T12:37:38 | 1 | https://www.wafb.com/prnewswire/2023/07/31/polaris-off-road-stays-gas-with-2024-lineup-featuring-rider-inspired-updates-amp-refreshed-styles-its-industry-leading-range-side-by-sides-atvs/ |
BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- SEKISUI Diagnostics announces the launch of the OSOM COVID-19 Antigen Home Test to diagnose COVID-19 at home.
The OSOM COVID-19 Antigen Home Test is a lateral flow immunoassay device intended for the qualitative detection of nucleocapsid protein antigen from SARS-CoV-2 virus. As with other OSOM Rapid Tests, it is made in the USA and supported by a highly skilled technical support team of medical technologists/professionals.
"We are excited to be able to provide consumers with more tools to help diagnose COVID-19 in a fast, easy-to-use format that can be purchased over the counter. This supports our goal of bringing diagnostics to where they are needed most, which in this case is at home, so people do not have to travel to medical facilities and can treat or quarantine quickly", said Erica Blight, VP of Client Services, Clinical Research & Marketing.
SEKISUI Diagnostics is a well-known provider of many rapid testing solutions to the professional market through a portfolio of point-of-care tests under the OSOM and Acucy® brands. These simple, high performing tests have provided flexibility to healthcare professionals for decades and are now being brought to the home testing market.
"Our entrance into the home testing market is another way we are providing solutions to enhance life with science to improve the health of all people. We understand home testing is a valuable tool and becoming more accepted and necessary, especially when we are experiencing significant waves of respiratory infections as we have seen in previous seasons", said Bob Schruender, President & CEO.
About the OSOM® COVID-19 Antigen Home Test
This product has not been FDA cleared or approved but has been authorized by FDA under a conditional EUA. This product has been authorized only for the detection of proteins from SARS-CoV-2, not for any other viruses or pathogens; and the conditional emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated, or authorization is revoked sooner.
About SEKISUI Diagnostics:
With over 40 years of experience, SEKISUI Diagnostics' mission is to provide intelligent solutions to enhance life with science and improve the health of all people. We supply innovative medical diagnostics globally to physicians, hospitals, laboratories and alternate testing locations.
Our product lines include clinical chemistry reagents, point-of-care tests, pre-analytic systems as well as enzymes and specialty biochemicals.
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SOURCE SEKISUI DIAGNOSTICS, LLC | https://www.kait8.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ | 2023-07-31T12:37:43 | 0 | https://www.kait8.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ |
New Zillow survey finds 80% of mortgage holders report having a rate of less than 5%
SEATTLE, July 31, 2023 /PRNewswire/ -- A new Zillow® survey has identified the mortgage rate tipping point that makes homeowners more likely to move, which is key in unlocking the housing market and slowing price growth. Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%.
Zillow's survey finds that about 80% of mortgage holders reported having a rate of less than 5%, and about 90% have a rate of less than 6%. Almost one-third reported a rate of less than 3%.
As today's mortgage rates near 7%, a vast majority of homeowners would need to finance a new home at a higher rate than the rate they currently hold, adding hundreds of dollars a month to their mortgage payment and creating an incentive to hold on to their home rather than move. This helps explain why Zillow data finds that 28% fewer new for-sale listings hit the market in June than a year ago.
"We expect mortgage rates may notch down slightly as inflation comes under control, but they are unlikely to return to 5% in the near future," said Orphe Divounguy, a senior economist at Zillow Home Loans. "That means many homeowners will move only for major life events, like a new baby or retirement. Over time, homeowners will likely accept higher rates as the new normal, but until then, the market could remain challenging for home shoppers, who will see fewer options and higher prices."
There is reason to be optimistic that more homes could hit the market in the next few years. Zillow's survey finds that nearly one-quarter of homeowners are considering selling their home in the next three years or currently have their home listed for sale (23%), which is significantly higher than the 15% of homeowners who said the same one year ago. The share is even greater among mortgage holders who have a rate above 5%. Nearly 40% of those homeowners say they would consider selling their home in the next three years (38%).
In the meantime, the shortage of for-sale homes is pushing up prices. Zillow's latest monthly market report finds that home values hit a record high in June, topping $350,000 for the first time nationally. Home values climbed in all of the 50 largest metro areas for a second month in a row.
Higher prices are compounding affordability challenges for buyers who are also facing today's higher mortgage interest rates. A typical monthly mortgage payment is more than twice as much as it was in 2020 and 13% higher than a year ago.
While these challenges have tempered demand, buyers are persisting and getting creative to achieve homeownership. A recent survey from Zillow Home Loans finds that nearly half of all buyers are buying points to lower their interest rate and reduce their monthly mortgage payment (45%). Mortgage points give buyers an option to pay an upfront fee to buy down the interest rate on a loan. Buyers are also making compromises on their wish lists and competing for smaller, more affordable homes.
There are tools to help buyers better understand what they can afford and to make homeownership more attainable. Buyers can find out if they're eligible for down payment assistance programs, which are listed on every for-sale home on Zillow. Buyers can also use mortgage and affordability calculators to understand what they can afford on a monthly basis, and then search for homes by monthly cost to land a home they can afford.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, great partners, and easier buying, selling, financing and renting experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®; Zillow Premier Agent®; Zillow Home Loans℠; Trulia®; Out East®; StreetEasy®; HotPads®; and ShowingTime+℠, which includes ShowingTime®, Bridge Interactive®, and dotloop®.
All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2023 MFTB Holdco, Inc., a Zillow affiliate.
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SOURCE Zillow Group, Inc. | https://www.kwch.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ | 2023-07-31T12:37:43 | 0 | https://www.kwch.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ |
BUFFALO, N.Y., July 31, 2023 /PRNewswire/ --
UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF NEW YORK
SUMMARY NOTICE OF (I) PENDENCY OF CLASS ACTION, CERTIFICATION OF SETTLEMENT CLASS, AND PROPOSED SETTLEMENT OF CLASS ACTION; (II) SETTLEMENT HEARING; AND (III) MOTION FOR AN AWARD OF
ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES
TO: All persons and entities who, during the period from February 18, 2016 through July 31, 2019, inclusive (the "Settlement Class Period"), purchased or otherwise acquired 22nd Century Group, Inc. ("22nd Century") common stock and were allegedly damaged thereby (the "Settlement Class").
PLEASE READ THIS NOTICE CAREFULLY, YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Western District of New York, that the above-captioned litigation (the "Action") has been certified as a class action on behalf of the Settlement Class, except for certain persons and entities who are excluded from the Settlement Class as set forth in the full printed Notice Of (I) Pendency Of Class Action, Certification Of Settlement Class, And Proposed Settlement of Class Action; (II) Settlement Hearing; And (III) Motion For An Award Of Attorneys' Fees And Reimbursement Of Litigation Expenses (the "Notice").
YOU ARE ALSO NOTIFIED that Lead Plaintiffs in the Action have reached a proposed settlement of the Action for $3,000,000.00 in cash (the "Settlement"), that, if approved, will resolve all claims in the Action.
This Summary Notice relates to the proposed Settlement of claims in a pending securities class action lawsuit brought by investors alleging, among other things, that Defendants 22nd Century, Henry Sicignano, III, and John T. Brodfuehrer (collectively, the "Defendants") violated the federal securities laws by making alleged misrepresentations or omissions regarding certain alleged stock promotion articles and Defendants' alleged failure to disclose an investigation by the Securities and Exchange Commission ("SEC") into a material weakness in 22nd Century's internal controls, which Defendants deny.
A hearing will be held on October 3, 2023 at 11:00 a.m., before the Honorable Michael J. Roemer, United States Magistrate Judge, at the United States District Court for the Western District of New York, Robert H. Jackson United States Courthouse, 2 Niagara Square, Buffalo, New York 14202, or by telephonic, video conferencing or other electronic means, as posted on the website of the Claims Administrator. The hearing will determine (i) whether the proposed Settlement should be approved as fair, reasonable, and adequate; (ii) whether the Action should be dismissed with prejudice against Defendants, and the Releases specified and described in the Stipulation And Agreement Of Settlement (and in the Notice) should be granted; (iii) whether the proposed Plan of Allocation should be approved as fair and reasonable; (iv) whether Lead Counsel's application for an award of attorneys' fees and reimbursement of Litigation Expenses should be approved, and (v) whether to award Lead Plaintiff for reimbursement of Lead Plaintiffs' time and expenses out of the Settlement Fund and pursuant to 15 U.S.C. §78u-4(a)(4) in connection with their representation of the Settlement Class and, if so, in what amount.
If you are a member of the Settlement Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Settlement Fund. If you have not yet received the Notice and Claim Form, you may obtain copies of these documents by contacting the Claims Administrator at 22nd Century Securities Litigation, c/o Epiq, P.O. Box 3839, Portland, OR 97208-3839. Copies of the Notice and Claim Form can also be downloaded from the website maintained by the Claims Administrator, www.22ndCenturySecuritiesLitigation.com.
If you are a member of the Settlement Class, in order to be potentially eligible to receive a payment under the proposed Settlement, you must submit a Claim Form either online at the Settlement website, www.22ndCenturySecuritiesLitigation.com, by October 10, 2023, or by first class postage prepaid U.S. mail postmarked no later than October 10, 2023. If you are a Settlement Class Member and do not timely submit a proper Claim Form, you will not be eligible to share in the distribution of the net proceeds of the Settlement but you will nevertheless be bound by any judgments or orders entered by the Court in the Action.
If you are a member of the Settlement Class and wish to exclude yourself from the Settlement Class, you must submit a request for exclusion such that it is received no later than September 12, 2023, in accordance with the instructions set forth in the Notice. If you properly exclude yourself from the Settlement Class, you will not be bound by any judgments or orders entered by the Court in the Action and you will not be eligible to share in the proceeds of the Settlement.
Any objections to the proposed Settlement, the proposed Plan of Allocation, or Lead Counsel's motion for attorneys' fees and reimbursement of expenses, must be filed with the Court and delivered to representatives of Lead Counsel and Defendants' counsel such that they are received no later than September 12, 2023, in accordance with the instructions set forth in the Notice.
Please do not contact the Court, the Clerk's office, 22nd Century, or Defendants' counsel regarding this notice. All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to Lead Counsel or the Claims Administrator.
Requests for the Notice and Claim Form should be made to:
22nd Century Securities Litigation
c/o Epiq
P.O. Box 3839
Portland, OR 97208-3839
Inquiries, other than requests for the Notice and Claim Form, should be made to Lead Counsel:
POMERANTZ LLP
Jeremy A. Lieberman
Brian Calandra
600 Third Avenue, 20th Floor
New York, NY 10016
jalieberman@pomlaw.com
bcalandra@pomlaw.com
Dated: August 7, 2023
By Order of the Court
United States District Court
Western District of New York
URL: www.22ndCenturySecuritiesLitigation.com
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SOURCE Pomerantz LLP | https://www.wafb.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ | 2023-07-31T12:37:45 | 0 | https://www.wafb.com/prnewswire/2023/07/31/pomerantz-llp-announces-pendency-class-action-proposed-settlement-involving-purchasers-22nd-century-group-inc-common-stock/ |
NPR's Leila Fadel talks with former Trump White House attorney Ty Cobb about the federal investigation into efforts to overturn the election, and the potential legal jeopardy for the former president.
Copyright 2023 NPR
NPR's Leila Fadel talks with former Trump White House attorney Ty Cobb about the federal investigation into efforts to overturn the election, and the potential legal jeopardy for the former president.
Copyright 2023 NPR | https://www.kanw.com/2023-07-31/another-indictment-against-trumps-efforts-to-undermine-democracy-could-come-soon | 2023-07-31T12:37:46 | 1 | https://www.kanw.com/2023-07-31/another-indictment-against-trumps-efforts-to-undermine-democracy-could-come-soon |
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC).
On February 3, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, releasing toxins and other combustible liquids, which ultimately led to a controlled burn of toxic chemicals. The derailment prompted the evacuation of residents from the surrounding area. Upon returning to their homes, residents reported hazardous air quality and other health and environmental concerns.
On February 8, 2023, Ohio Governor Mike DeWine stated that Norfolk Southern "created the problem" and that it was "their liability" and "ought to pay for it." On February 21, 2023, the U.S. Environmental Protection Agency ordered Norfolk Southern to clean up the site, stating that it "will pay for cleaning up the mess they created and for the trauma they've inflicted on this community." The National Transportation Safety Board's preliminary report stated that the derailment was 100% preventable, and it later opened a special investigation into Norfolk Southern's safety practices because it had experienced five significant accidents since December 2021. On March 14, 2023, Ohio Attorney General Dave Yost filed a complaint against Norfolk Southern alleging a wide range of violations in connection with a series of Norfolk Southern train derailments. On March 16, 2023, purchasers of Norfolk Southern stock filed securities fraud class action claims against the company. On March 31, 2023, the U.S. Department of Justice sued Norfolk Southern seeking penalties and injunctive relief for the unlawful discharge of pollutants, oil, and hazardous substances under the Clean Water Act, and declaratory judgment for past and future costs under the Comprehensive Environmental Response, Compensation, and Liability Act.
The Schubert Firm is investigating potential wrongdoing by Norfolk Southern's officers and directors in connection with these allegations. Norfolk Southern previously recognized $387 million in expenses related to these matters, and on July 27, 2023 announced another $416 million charge, for a total of $803 million.
If you own Norfolk Southern stock and wish to obtain additional information about your legal rights, please contact us today or visit our website at
https://www.classactionlawyers.com/norfolk.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.
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SOURCE Schubert Jonckheer & Kolbe LLP | https://www.kait8.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ | 2023-07-31T12:37:49 | 0 | https://www.kait8.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ |
Pitstick brings product, operations, and value-based care expertise to leading behavioral health provider
SARATOGA SPRINGS, N.Y., July 31, 2023 /PRNewswire/ -- aptihealth, the leading tech-driven behavioral healthcare provider built for higher acuity care, today announced that Regina Pitstick has joined the organization as Senior Vice President of aptihealth Medical Group.
Most recently, Pitstick was VP Advocacy Product & Innovation for the Employer and Individual segment at UnitedHealth Group, where she drove the company's product strategy and vision, focused on delivering a seamless, personalized patient experience. Responsible for product development initiatives, Pitstick's leadership and experience fueled successful long-range strategies, broader market penetration and deeper engagement for over 15M consumers.
"Regina brings more than twenty years of extremely relevant experience in the healthcare industry to aptihealth—including a deep skillset in digital health start-ups, product development, operations, process improvement and value-based care," said Tim Koehler, President and Chief Operating Officer of aptihealth. "Regina's patient-centered approach, insightful understanding of the health care landscape, innovate approach, and impeccable ability to execute strategic initiatives will greatly enhance our medical group. She's ideal for this critical role at aptihealth as we continue to pursue our mission of becoming the nation's preeminent provider of behavioral health services."
Pitstick joins aptihealth at a time of significant growth, having served nearly 15,000 patients for leading national and regional health plans. aptihealth expects to more than double its patients in 2023, with a majority covered by value-based care contracts.
"The value that aptihealth is providing to health plans, physicians groups, health systems and higher-acuity patients simply can't be underestimated," indicated Pitstick. "Whether it's the company's commitment to engaging new patients at any point of care, to their proprietary screening and assessment tools, to their proven ability to improve outcomes and decrease the overall cost of care, it's not hyperbole to state that aptihealth is changing the behavioral healthcare game. I'm thrilled to have the opportunity to help aptihealth continue to improve its care model, meet its strategic goals, and intelligently achieve its considerable opportunities for growth."
About aptihealth
aptihealth is improving higher acuity behavioral healthcare for populations who need it most—one patient at a time. The company's virtual-first model and proprietary screening, assessment, and treatment programs give members fast, convenient access to precise, personalized care. Headquartered in Saratoga Springs and employing over 150, aptihealth has raised over $70 million in funding from leading international private equity firms. The company's care program and data insights are driving breakthroughs in mental health understanding, treatment, outcomes, and cost reduction. Learn more at: www.aptihealth.com.
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SOURCE aptihealth | https://www.kwch.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ | 2023-07-31T12:37:50 | 0 | https://www.kwch.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ |
Idaho mom Lori Vallow Daybell faces sentencing in … Pakistan buries dead from massive suicide attack … Customers want instant gratification. Workers say … Video ‘We’re just too poor’: Record heat waves reveal plight … Video
Pakistan buries dead from massive suicide attack … Customers want instant gratification. Workers say … Video ‘We’re just too poor’: Record heat waves reveal plight … Video
Customers want instant gratification. Workers say … Video ‘We’re just too poor’: Record heat waves reveal plight … Video
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Columns Museum and Milford Theater prove to be pillars … Video Bill’s Old Bike Barn will get your gears turning … Video You’ll remember the Berwick Historical Society’s … Video
Bill’s Old Bike Barn will get your gears turning … Video You’ll remember the Berwick Historical Society’s … Video
Puppy Picks 2023 More News Bash for the Brave event held in Pittston Lock Haven Police searching for missing man Rare bird spotted in Wyoming Valley Piston ‘n’ Pizza Car Show kicks off in Scranton NY man arrested in Pa. drug trafficking investigation Fire tears through apartment building in East Stroudsburg Crews respond to Lackawanna County house fire Coroner called to Swoyersville house fire 7 injured after a car drove into Wine and Spirits NEPA’s Day Downtown Fundraising Festival in Duryea View All Top News | https://www.pahomepage.com/puppy-picks-2023/ | 2023-07-31T12:37:51 | 0 | https://www.pahomepage.com/puppy-picks-2023/ |
BARTHOLOMEW COUNTY, Ind. (WANE) — A man sustained serious injuries when attempting to provide aid to another hurt after a bicycle fell from a vehicle causing multiple vehicles to crash on I-65 Sunday afternoon.
According to Indiana State Police, initial investigations indicated that a bicycle had fallen from a vehicle driving southbound on I-65 near the 59-mile marker, 3 miles northwest of Jonesville. The bicycle was lying in the far left lane when it was struck by two vehicles. Both vehicles pulled into the shoulder of the road, one vehicle being driven by Jonathan Brown, age 27 of Lebanon, TN, after receiving damage from hitting the bike.
A group of motorcyclists then approached the bike still in the roadway, one driver striking the bike. Leslie D. Spillman, age 62 of Lexington, KY crashed his 2008 Kawasaki motorcycle receiving non-life-threatening injuries. Brown went to provide aid to the motorcyclist as another member of the same group, Darrell Brooks, age 39 of Lexington KY, turned around, traveling northbound on the shoulder of the lanes.
Brook’s then struck Brown while he walked towards Spillman. Brown sustained serious injuries in the collision and was flown by helicopter to a local hospital to be treated for his injuries.
Alcohol and drugs are not believed to be factors in the collision. The investigation remains ongoing at this time. | https://www.wane.com/news/indiana/fallen-bicycle-causes-chain-reaction-of-accidents-biker-hits-good-samaritan-attempting-to-help/ | 2023-07-31T12:37:51 | 1 | https://www.wane.com/news/indiana/fallen-bicycle-causes-chain-reaction-of-accidents-biker-hits-good-samaritan-attempting-to-help/ |
New Zillow survey finds 80% of mortgage holders report having a rate of less than 5%
SEATTLE, July 31, 2023 /PRNewswire/ -- A new Zillow® survey has identified the mortgage rate tipping point that makes homeowners more likely to move, which is key in unlocking the housing market and slowing price growth. Homeowners with a mortgage rate above 5% are nearly twice as likely to say that they plan to sell their home than those paying a rate below 5%.
Zillow's survey finds that about 80% of mortgage holders reported having a rate of less than 5%, and about 90% have a rate of less than 6%. Almost one-third reported a rate of less than 3%.
As today's mortgage rates near 7%, a vast majority of homeowners would need to finance a new home at a higher rate than the rate they currently hold, adding hundreds of dollars a month to their mortgage payment and creating an incentive to hold on to their home rather than move. This helps explain why Zillow data finds that 28% fewer new for-sale listings hit the market in June than a year ago.
"We expect mortgage rates may notch down slightly as inflation comes under control, but they are unlikely to return to 5% in the near future," said Orphe Divounguy, a senior economist at Zillow Home Loans. "That means many homeowners will move only for major life events, like a new baby or retirement. Over time, homeowners will likely accept higher rates as the new normal, but until then, the market could remain challenging for home shoppers, who will see fewer options and higher prices."
There is reason to be optimistic that more homes could hit the market in the next few years. Zillow's survey finds that nearly one-quarter of homeowners are considering selling their home in the next three years or currently have their home listed for sale (23%), which is significantly higher than the 15% of homeowners who said the same one year ago. The share is even greater among mortgage holders who have a rate above 5%. Nearly 40% of those homeowners say they would consider selling their home in the next three years (38%).
In the meantime, the shortage of for-sale homes is pushing up prices. Zillow's latest monthly market report finds that home values hit a record high in June, topping $350,000 for the first time nationally. Home values climbed in all of the 50 largest metro areas for a second month in a row.
Higher prices are compounding affordability challenges for buyers who are also facing today's higher mortgage interest rates. A typical monthly mortgage payment is more than twice as much as it was in 2020 and 13% higher than a year ago.
While these challenges have tempered demand, buyers are persisting and getting creative to achieve homeownership. A recent survey from Zillow Home Loans finds that nearly half of all buyers are buying points to lower their interest rate and reduce their monthly mortgage payment (45%). Mortgage points give buyers an option to pay an upfront fee to buy down the interest rate on a loan. Buyers are also making compromises on their wish lists and competing for smaller, more affordable homes.
There are tools to help buyers better understand what they can afford and to make homeownership more attainable. Buyers can find out if they're eligible for down payment assistance programs, which are listed on every for-sale home on Zillow. Buyers can also use mortgage and affordability calculators to understand what they can afford on a monthly basis, and then search for homes by monthly cost to land a home they can afford.
About Zillow Group:
Zillow Group, Inc. (NASDAQ: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, great partners, and easier buying, selling, financing and renting experiences.
Zillow Group's affiliates, subsidiaries and brands include Zillow®; Zillow Premier Agent®; Zillow Home Loans℠; Trulia®; Out East®; StreetEasy®; HotPads®; and ShowingTime+℠, which includes ShowingTime®, Bridge Interactive®, and dotloop®.
All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2023 MFTB Holdco, Inc., a Zillow affiliate.
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SOURCE Zillow Group, Inc. | https://www.wafb.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ | 2023-07-31T12:37:51 | 0 | https://www.wafb.com/prnewswire/2023/07/31/rate-lock-tipping-point-homeowners-are-nearly-twice-willing-sell-if-their-mortgage-rate-is-5-or-higher/ |
How beavers are helping restore wetlands and create buffers against wildfires Published July 31, 2023 at 5:23 AM MDT Twitter LinkedIn Email Listen • 1:43 Some experts now see beavers — nature's helpers — as their dams can mitigate the effects of drought and wildfires. Copyright 2023 NPR | https://www.kanw.com/2023-07-31/how-beavers-are-helping-restore-wetlands-and-create-buffers-against-wildfires | 2023-07-31T12:37:52 | 0 | https://www.kanw.com/2023-07-31/how-beavers-are-helping-restore-wetlands-and-create-buffers-against-wildfires |
The Avocados From Mexico® Chocolate Dulce De Leche Cupcake will be available at Sprinkles bakeries nationwide for one week beginning July 31
DALLAS, July 31, 2023 /PRNewswire/ -- Talk about a perfect pairing! Avocados From Mexico®, the number one selling avocado brand in the U.S., is making National Avocado Day even better by partnering with renowned dessert bakery chain Sprinkles for a delicious collaboration – a limited-edition cupcake featuring fresh Mexican avocados.
The Avocados From Mexico® Chocolate Dulce De Leche Sprinkles cupcake is a delectable banana cupcake that's studded with pecans and generously filled with a soft dulce de leche core. And to top it all off? A zesty frosting that blends rich cream cheese and chocolate made with fresh Mexican avocados for a delightful, creamy finish.
"The new Avocados From Mexico Chocolate Dulce De Leche cupcake features the highest quality and best-tasting ingredients," said Sprinkles Vice President, Culinary, Charles Craig. "By blending fresh avocado and smooth cream cheese alongside the banana and dulce de leche cupcake, we were able to elevate all the ingredients resulting in a cupcake that is out-of-this world. We can't wait for fans to try it!"
Beginning on July 31, National Avocado Day, consumers can make their week better by enjoying Avocados From Mexico in cupcake form — available at Sprinkles nationwide through August 6.
"Avocados From Mexico make everything better, and we're so proud that our avocados will get to shine in a unique way on National Avocado Day," said Kelly Burke, Director of Brand Marketing at Avocados From Mexico. "Our brand is known for bringing the good times with great tasting avocados. We are excited to partner with a beloved brand like Sprinkles to spark good times in a new way with everyone's favorite sweet treat."
"Sprinkles Cupcakes has always taken an innovative approach to classic desserts, and this new collaboration with Avocados From Mexico is no exception," said Sprinkles CMO, Michelle Wong. "Avocados From Mexico was an obvious choice for their quality and taste, and we can't wait for our guests to discover our latest cupcake, starring this beloved fruit."
To learn more about Avocados From Mexico, visit https://avocadosfrommexico.com, Facebook (facebook.com/avocadosfrommexico), Instagram (@avocadosfrommexico) or Twitter (@AvosFromMexico). #MakeItBetter #AFMxSprinkles
About Avocados From Mexico
Avocados From Mexico is a wholly-owned subsidiary of the Mexican Hass Avocado Importers Association (MHAIA), formed for the purpose of advertising, promotion, public relations and research for all stakeholders of Avocados From Mexico. Under agreements, MHAIA and the Association of Avocado Exporting Producers & Packers of Mexico (APEAM) have combined resources to fund and manage Avocados From Mexico, with the intent to provide a focused, highly- effective and efficient marketing program in the United States. Avocados From Mexico is headquartered in Irving, Texas.
About Sprinkles
Sprinkles offers premium cupcakes, cakes and cookies that are baked fresh in small batches throughout the day and handcrafted with only the finest ingredients. Sprinkles opened its first bakery in Beverly Hills in 2005, drawing long lines of loyal cupcake fans and celebrity endorsements. Sprinkles prides themselves in being passionate innovators and since debuting the world's first Cupcake ATM, the brand has introduced layer cakes, cookies and brownies, launched a national shipping platform and has grown to over 70 bakeries and ATMs coast-to-coast. Sprinkles launched domestic and international franchising in 2022. For additional information on Sprinkles, follow @sprinklescupcakes on social and visit www.sprinkles.com.
CONTACT: Ana Ambrosi, aambrosi@avocadosfrommexico.com
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SOURCE Avocados From Mexico | https://www.kait8.com/prnewswire/2023/07/31/sweet-news-avocados-mexico-sprinkles-launch-limited-edition-cupcake-national-avocado-day/ | 2023-07-31T12:37:56 | 1 | https://www.kait8.com/prnewswire/2023/07/31/sweet-news-avocados-mexico-sprinkles-launch-limited-edition-cupcake-national-avocado-day/ |
The fashion show on September 13, 2023, hosted by Shaquem Griffin, will feature Adaptive and Universally Designed apparel, footwear, and products from: Zappos, Kohl's, Target, JCPenney, Tommy Hilfiger, Stride Rite, Steve Madden, French Toast Adaptive, adidas, and a runway debut of Victoria's Secret and PINK's first-ever Adaptive Intimates.
NEW YORK, July 31, 2023 /PRNewswire/ -- The Runway of Dreams™ Foundation, a nonprofit organization leading the charge on inclusion, acceptance, and opportunity in the fashion and beauty industries for people with disabilities, announced today their return to the runway during New York Fashion Week. This one-of-a-kind Adaptive fashion show, aptly titled A Fashion Revolution, is presented by online retailer Zappos, and will take place on Wednesday, September 13, 2023, at Powerhouse Arts in Brooklyn, New York. Shaquem Griffin, former NFL linebacker, will be hosting. Griffin was featured this summer in the Runway of Dreams' Campaign for Inclusion, the first multi-brand fashion and beauty campaign featuring people with disabilities wearing Adaptive & Universally Designed products. "I'm honored to continue my journey with Runway of Dreams. This organization is a trailblazer for change, and advocates for millions of people across the globe like myself, who need accessible clothing, which so many people take for granted every day of their lives," - he said. Mr. Griffin will be dressed in looks provided by Neiman Marcus and Tommy Hilfiger.
A Fashion Revolution will highlight the groundbreaking work that leading and emerging companies, from lingerie to luxury, are doing in the Adaptive and Universally Designed space, showcased on 70 models with varying disabilities and backgrounds. The show brings together 500+ leaders and champions of DEI under one roof during New York Fashion Week with the same mission: celebrate inclusion in the fashion and beauty industries.
"The Runway of Dreams stage is where brands have chosen to celebrate the debut of their Adaptive designs over the years, and I am thrilled and so honored to welcome Victoria's Secret and Pink Adaptive to the Adaptive family. Knowing the Victoria's Secret and PINK Adaptive products were developed with and for people with disabilities proves their commitment to true inclusion, and understanding the work that needs to go into making these products authentically," said Mindy Scheier, Founder of Runway of Dreams.
"We are excited to debut our first-ever Adaptive collection during New York Fashion Week on the Runway of Dreams' runway. Runway of Dreams advocates for industry change by empowering people with disabilities to have confidence and self-expression through inclusion in fashion and beauty. We are honored to join the many brands who have decided to debut their Adaptive apparel on this runway adding to the historic timeline that is the future of fashion," said Lydia Smith, Chief Diversity Officer, Victoria's Secret & Co.
In addition to brands on the runway, innovative small brands will showcase their products onsite during the evening. Brands included: MAI We Care, Spoonie Threads, One Leg Up, Reboundwear, and Silverts Adaptive.
Zappos will be awarded the esteemed Pioneer of Change Award, presented to Zappos CEO Scott Schaefer and Zappos Adaptive Business Development Manager Dana Zumbo. Billy Price of BILLY Footwear will also be awarded with the Inspirational Achievement Award for their innovative zippered Adaptive shoes. Two scholarships will be awarded as part of the Foundation's commitment to educate and inspire the next generation of Adaptive designers.
"We've been proud partners of Runway of Dreams since the launch of our Zappos Adaptive shopping experience in 2017," said Dana Zumbo, Business Development Manager for Zappos Adaptive. "Together, we have grown in our shared commitment to make fashion more functional and fashionable for all. This is the stage to be on, and we are humbled to be returning this year as the 2023 Presenting Sponsor."
Following the show, September 14th to 16th is a free and open-to-the-public and first-of- its-kind Adaptive exhibit at Hudson Yards in New York City. This curated display will feature Adaptive and Universally Designed collections from mainstream brands committed to inclusion in the fashion and beauty industries and the history of Runway of Dreams as a trailblazer in the Adaptive space. The event is an opportunity for the public to learn about available Adaptive and Universally Designed products, and to emphasize the need for true inclusion in our mainstream world.
Sponsorship and Corporate Seating Packages Available. Please contact corporaterelations@runwayofdreams.org for more details. Public ticket sales and information about the public exhibit will be announced at runwayofdreams.org and on the Runway of Dreams' social channels.
ABOUT RUNWAY OF DREAMS:
Runway of Dreams is a non-profit (501c3) organization leading the movement of disability inclusion in the fashion and beauty industries. ROD raises awareness and inspires change through programming that celebrates people's differences, challenges stereotypes, and highlights the need for Adaptive & Universally designed apparel.
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SOURCE Runway of Dreams Foundation | https://www.kwch.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ | 2023-07-31T12:37:56 | 1 | https://www.kwch.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ |
A Libyan man who says he escaped execution by the Russian mercenary Wagner group is taking them to court in the U.S. — alleging torture and multiple human rights abuses.
Copyright 2023 NPR
A Libyan man who says he escaped execution by the Russian mercenary Wagner group is taking them to court in the U.S. — alleging torture and multiple human rights abuses.
Copyright 2023 NPR | https://www.kanw.com/2023-07-31/libyan-man-who-says-he-was-tortured-wants-to-hold-wagner-group-accountable | 2023-07-31T12:37:58 | 0 | https://www.kanw.com/2023-07-31/libyan-man-who-says-he-was-tortured-wants-to-hold-wagner-group-accountable |
Pitstick brings product, operations, and value-based care expertise to leading behavioral health provider
SARATOGA SPRINGS, N.Y., July 31, 2023 /PRNewswire/ -- aptihealth, the leading tech-driven behavioral healthcare provider built for higher acuity care, today announced that Regina Pitstick has joined the organization as Senior Vice President of aptihealth Medical Group.
Most recently, Pitstick was VP Advocacy Product & Innovation for the Employer and Individual segment at UnitedHealth Group, where she drove the company's product strategy and vision, focused on delivering a seamless, personalized patient experience. Responsible for product development initiatives, Pitstick's leadership and experience fueled successful long-range strategies, broader market penetration and deeper engagement for over 15M consumers.
"Regina brings more than twenty years of extremely relevant experience in the healthcare industry to aptihealth—including a deep skillset in digital health start-ups, product development, operations, process improvement and value-based care," said Tim Koehler, President and Chief Operating Officer of aptihealth. "Regina's patient-centered approach, insightful understanding of the health care landscape, innovate approach, and impeccable ability to execute strategic initiatives will greatly enhance our medical group. She's ideal for this critical role at aptihealth as we continue to pursue our mission of becoming the nation's preeminent provider of behavioral health services."
Pitstick joins aptihealth at a time of significant growth, having served nearly 15,000 patients for leading national and regional health plans. aptihealth expects to more than double its patients in 2023, with a majority covered by value-based care contracts.
"The value that aptihealth is providing to health plans, physicians groups, health systems and higher-acuity patients simply can't be underestimated," indicated Pitstick. "Whether it's the company's commitment to engaging new patients at any point of care, to their proprietary screening and assessment tools, to their proven ability to improve outcomes and decrease the overall cost of care, it's not hyperbole to state that aptihealth is changing the behavioral healthcare game. I'm thrilled to have the opportunity to help aptihealth continue to improve its care model, meet its strategic goals, and intelligently achieve its considerable opportunities for growth."
About aptihealth
aptihealth is improving higher acuity behavioral healthcare for populations who need it most—one patient at a time. The company's virtual-first model and proprietary screening, assessment, and treatment programs give members fast, convenient access to precise, personalized care. Headquartered in Saratoga Springs and employing over 150, aptihealth has raised over $70 million in funding from leading international private equity firms. The company's care program and data insights are driving breakthroughs in mental health understanding, treatment, outcomes, and cost reduction. Learn more at: www.aptihealth.com.
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SOURCE aptihealth | https://www.wafb.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ | 2023-07-31T12:37:58 | 1 | https://www.wafb.com/prnewswire/2023/07/31/regina-pitstick-named-senior-vp-aptihealth-medical-group/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company" or "Taoping"), today announced that the board of directors of the Company approved a one-for-ten reverse stock split of the Company's issued and outstanding ordinary shares, no par value (the "Ordinary Shares"). Beginning August 1, 2023, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "TAOP" but with new CUSIP number, G8675V 127.
As a result of the share consolidation, each ten Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or "street name". Shareholders holding certificates of Ordinary Shares are expected to receive instructions from the Company's transfer agent, Transhare Corporation, regarding procedures for exchanging share certificates. All outstanding options, warrants and other rights to purchase the Company's Ordinary Shares will be adjusted proportionately as a result of the reverse stock split. No fractional shares will be issued as a result of the reverse stock split, and instead, all such fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share.
The reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Stock Market. Following the reverse stock split the Company will have approximately 1.86 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and warrants. The reverse stock split will not affect the number of total authorized Ordinary Shares of the Company.
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping's smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
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SOURCE Taoping Inc. | https://www.kait8.com/prnewswire/2023/07/31/taoping-announces-1-for-10-reverse-stock-split/ | 2023-07-31T12:38:02 | 0 | https://www.kait8.com/prnewswire/2023/07/31/taoping-announces-1-for-10-reverse-stock-split/ |
BEIJING, July 31, 2023 /PRNewswire/ -- SANY Group ("SANY") has announced the 2023 employee stock ownership plan (ESOP). This is the fourth consecutive year that SANY has launched the ESOP, which gives employees an opportunity to own shares in the company through the setting up of incentive funds. The 2023 ESOP has set up a fund size of around 590 million yuan (USD 82 million) with a share repurchase price planned at 16.13 yuan per share (USD 2.24). The capital will be from the incentive funds accrued following relevant provisions of the group.
SANY has always focused on improving employee benefits and adhering to the principle of "growing together, pursuing common development, and sharing achievements." By establishing a comprehensive incentive and restraining mechanism, it aims to inspire employees' enthusiasm and creativity and align the interests of shareholders, the listed company, and individuals. This encourages all parties to join efforts to boost SANY's long-term development.
SANY's annual ESOP aims to share the fruits of the group's achievements with employees. The number of employees awarded with stock ownership incentives is growing annually, and the proportion of mid-level and key position employees is increasing year by year:
- 2020: SANY awarded 8.31 million shares to 2,264 employees, 71.52 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2021: SANY awarded 7.54 million shares to 4,205 employees, 91.33 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2022: SANY awarded 20.5 million shares to 6,996 employees, 94.26 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2023: SANY is awarding 36.62 million shares to 7,131 employees, 95.69 percent were employees in mid-level management, key positions, and core business (technical) positions.
The source of shares for the 2023 ESOP is the shares that have already been repurchased by SANY's special account. It does not exceed 36.62 million shares in total and is within one percent of SANY's current total capital stock.
In the meantime, SANY Renewable Energy (SH688349) released an announcement relating to exercising of the second exercise period of the 2020 stock option incentive plan, with 16.0368 million granted options to be exercised, with a three-year restricted period. The subsidiary is committed to becoming a global leader of clean energy equipment and services, and contributing to reaching the goals of carbon peaking and carbon neutrality.
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SOURCE SANY Group | https://www.kwch.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ | 2023-07-31T12:38:03 | 1 | https://www.kwch.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ |
Six migrant workers were struck Sunday afternoon by an SUV in a Walmart parking lot in North Carolina from what police are calling "an intentional assault with a vehicle."
"All six were transported to Atrium Health – Lincoln with various injuries. None of the injuries appear to be life threatening," the Lincolnton Police Department said in a Facebook post.
Police say they're still looking for the vehicle and driver involved in the incident, which they said took place at 1:17 pm ET. In the Facebook post, they describe the vehicle as an older model SUV with a luggage rack, and the driver as an older white male.
The motive for the attack is also still under investigation. Police told NPR via telephone late Sunday there is no further information.
Lincolnton is a small city of some 11,800 people located about an hour outside of Charlotte.
Copyright 2023 NPR. To see more, visit https://www.npr.org. | https://www.kanw.com/npr-news/npr-news/2023-07-30/an-suv-strikes-6-migrant-workers-in-walmart-parking-lot-in-north-carolina | 2023-07-31T12:38:04 | 0 | https://www.kanw.com/npr-news/npr-news/2023-07-30/an-suv-strikes-6-migrant-workers-in-walmart-parking-lot-in-north-carolina |
The fashion show on September 13, 2023, hosted by Shaquem Griffin, will feature Adaptive and Universally Designed apparel, footwear, and products from: Zappos, Kohl's, Target, JCPenney, Tommy Hilfiger, Stride Rite, Steve Madden, French Toast Adaptive, adidas, and a runway debut of Victoria's Secret and PINK's first-ever Adaptive Intimates.
NEW YORK, July 31, 2023 /PRNewswire/ -- The Runway of Dreams™ Foundation, a nonprofit organization leading the charge on inclusion, acceptance, and opportunity in the fashion and beauty industries for people with disabilities, announced today their return to the runway during New York Fashion Week. This one-of-a-kind Adaptive fashion show, aptly titled A Fashion Revolution, is presented by online retailer Zappos, and will take place on Wednesday, September 13, 2023, at Powerhouse Arts in Brooklyn, New York. Shaquem Griffin, former NFL linebacker, will be hosting. Griffin was featured this summer in the Runway of Dreams' Campaign for Inclusion, the first multi-brand fashion and beauty campaign featuring people with disabilities wearing Adaptive & Universally Designed products. "I'm honored to continue my journey with Runway of Dreams. This organization is a trailblazer for change, and advocates for millions of people across the globe like myself, who need accessible clothing, which so many people take for granted every day of their lives," - he said. Mr. Griffin will be dressed in looks provided by Neiman Marcus and Tommy Hilfiger.
A Fashion Revolution will highlight the groundbreaking work that leading and emerging companies, from lingerie to luxury, are doing in the Adaptive and Universally Designed space, showcased on 70 models with varying disabilities and backgrounds. The show brings together 500+ leaders and champions of DEI under one roof during New York Fashion Week with the same mission: celebrate inclusion in the fashion and beauty industries.
"The Runway of Dreams stage is where brands have chosen to celebrate the debut of their Adaptive designs over the years, and I am thrilled and so honored to welcome Victoria's Secret and Pink Adaptive to the Adaptive family. Knowing the Victoria's Secret and PINK Adaptive products were developed with and for people with disabilities proves their commitment to true inclusion, and understanding the work that needs to go into making these products authentically," said Mindy Scheier, Founder of Runway of Dreams.
"We are excited to debut our first-ever Adaptive collection during New York Fashion Week on the Runway of Dreams' runway. Runway of Dreams advocates for industry change by empowering people with disabilities to have confidence and self-expression through inclusion in fashion and beauty. We are honored to join the many brands who have decided to debut their Adaptive apparel on this runway adding to the historic timeline that is the future of fashion," said Lydia Smith, Chief Diversity Officer, Victoria's Secret & Co.
In addition to brands on the runway, innovative small brands will showcase their products onsite during the evening. Brands included: MAI We Care, Spoonie Threads, One Leg Up, Reboundwear, and Silverts Adaptive.
Zappos will be awarded the esteemed Pioneer of Change Award, presented to Zappos CEO Scott Schaefer and Zappos Adaptive Business Development Manager Dana Zumbo. Billy Price of BILLY Footwear will also be awarded with the Inspirational Achievement Award for their innovative zippered Adaptive shoes. Two scholarships will be awarded as part of the Foundation's commitment to educate and inspire the next generation of Adaptive designers.
"We've been proud partners of Runway of Dreams since the launch of our Zappos Adaptive shopping experience in 2017," said Dana Zumbo, Business Development Manager for Zappos Adaptive. "Together, we have grown in our shared commitment to make fashion more functional and fashionable for all. This is the stage to be on, and we are humbled to be returning this year as the 2023 Presenting Sponsor."
Following the show, September 14th to 16th is a free and open-to-the-public and first-of- its-kind Adaptive exhibit at Hudson Yards in New York City. This curated display will feature Adaptive and Universally Designed collections from mainstream brands committed to inclusion in the fashion and beauty industries and the history of Runway of Dreams as a trailblazer in the Adaptive space. The event is an opportunity for the public to learn about available Adaptive and Universally Designed products, and to emphasize the need for true inclusion in our mainstream world.
Sponsorship and Corporate Seating Packages Available. Please contact corporaterelations@runwayofdreams.org for more details. Public ticket sales and information about the public exhibit will be announced at runwayofdreams.org and on the Runway of Dreams' social channels.
ABOUT RUNWAY OF DREAMS:
Runway of Dreams is a non-profit (501c3) organization leading the movement of disability inclusion in the fashion and beauty industries. ROD raises awareness and inspires change through programming that celebrates people's differences, challenges stereotypes, and highlights the need for Adaptive & Universally designed apparel.
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SOURCE Runway of Dreams Foundation | https://www.wafb.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ | 2023-07-31T12:38:04 | 0 | https://www.wafb.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ |
CLEVELAND, July 31, 2023 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2023 third quarter earnings before the market opens on Tuesday, August 8, 2023.
A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdigm.com.
The webcast will be archived on the website and available for replay later that day.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, cargo loading, handling and delivery systems and specialized flight, wind tunnel and jet engine testing services and equipment.
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SOURCE TransDigm Group Inc. | https://www.kait8.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ | 2023-07-31T12:38:09 | 0 | https://www.kait8.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ |
BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- SEKISUI Diagnostics announces the launch of the OSOM COVID-19 Antigen Home Test to diagnose COVID-19 at home.
The OSOM COVID-19 Antigen Home Test is a lateral flow immunoassay device intended for the qualitative detection of nucleocapsid protein antigen from SARS-CoV-2 virus. As with other OSOM Rapid Tests, it is made in the USA and supported by a highly skilled technical support team of medical technologists/professionals.
"We are excited to be able to provide consumers with more tools to help diagnose COVID-19 in a fast, easy-to-use format that can be purchased over the counter. This supports our goal of bringing diagnostics to where they are needed most, which in this case is at home, so people do not have to travel to medical facilities and can treat or quarantine quickly", said Erica Blight, VP of Client Services, Clinical Research & Marketing.
SEKISUI Diagnostics is a well-known provider of many rapid testing solutions to the professional market through a portfolio of point-of-care tests under the OSOM and Acucy® brands. These simple, high performing tests have provided flexibility to healthcare professionals for decades and are now being brought to the home testing market.
"Our entrance into the home testing market is another way we are providing solutions to enhance life with science to improve the health of all people. We understand home testing is a valuable tool and becoming more accepted and necessary, especially when we are experiencing significant waves of respiratory infections as we have seen in previous seasons", said Bob Schruender, President & CEO.
About the OSOM® COVID-19 Antigen Home Test
This product has not been FDA cleared or approved but has been authorized by FDA under a conditional EUA. This product has been authorized only for the detection of proteins from SARS-CoV-2, not for any other viruses or pathogens; and the conditional emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated, or authorization is revoked sooner.
About SEKISUI Diagnostics:
With over 40 years of experience, SEKISUI Diagnostics' mission is to provide intelligent solutions to enhance life with science and improve the health of all people. We supply innovative medical diagnostics globally to physicians, hospitals, laboratories and alternate testing locations.
Our product lines include clinical chemistry reagents, point-of-care tests, pre-analytic systems as well as enzymes and specialty biochemicals.
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SOURCE SEKISUI DIAGNOSTICS, LLC | https://www.kwch.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ | 2023-07-31T12:38:09 | 0 | https://www.kwch.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ |
A portion of Interstate 94 West is closed in North Minneapolis during Monday morning rush hour as the Minnesota Bureau of Criminal Apprehension investigates what it is describing as a “use-of-force incident involving a Minnesota State Patrol trooper.”
“It happened on I-94 in Minneapolis,” the BCA said in a Tweet. “More information to come.”
I-94 West is closed between Interstate 394 and 49th Avenue North, which is exit 226, according to a Minnesota Department of Transportation map. View more traffic info, including cameras, at MN511.org. | https://www.twincities.com/2023/07/31/i-94-west-in-mpls-closed-while-bca-investigates-use-of-force-incident-involving-state-trooper/ | 2023-07-31T12:38:10 | 0 | https://www.twincities.com/2023/07/31/i-94-west-in-mpls-closed-while-bca-investigates-use-of-force-incident-involving-state-trooper/ |
BEIJING, July 31, 2023 /PRNewswire/ -- SANY Group ("SANY") has announced the 2023 employee stock ownership plan (ESOP). This is the fourth consecutive year that SANY has launched the ESOP, which gives employees an opportunity to own shares in the company through the setting up of incentive funds. The 2023 ESOP has set up a fund size of around 590 million yuan (USD 82 million) with a share repurchase price planned at 16.13 yuan per share (USD 2.24). The capital will be from the incentive funds accrued following relevant provisions of the group.
SANY has always focused on improving employee benefits and adhering to the principle of "growing together, pursuing common development, and sharing achievements." By establishing a comprehensive incentive and restraining mechanism, it aims to inspire employees' enthusiasm and creativity and align the interests of shareholders, the listed company, and individuals. This encourages all parties to join efforts to boost SANY's long-term development.
SANY's annual ESOP aims to share the fruits of the group's achievements with employees. The number of employees awarded with stock ownership incentives is growing annually, and the proportion of mid-level and key position employees is increasing year by year:
- 2020: SANY awarded 8.31 million shares to 2,264 employees, 71.52 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2021: SANY awarded 7.54 million shares to 4,205 employees, 91.33 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2022: SANY awarded 20.5 million shares to 6,996 employees, 94.26 percent were employees in mid-level management, key positions, and core business (technical) positions.
- 2023: SANY is awarding 36.62 million shares to 7,131 employees, 95.69 percent were employees in mid-level management, key positions, and core business (technical) positions.
The source of shares for the 2023 ESOP is the shares that have already been repurchased by SANY's special account. It does not exceed 36.62 million shares in total and is within one percent of SANY's current total capital stock.
In the meantime, SANY Renewable Energy (SH688349) released an announcement relating to exercising of the second exercise period of the 2020 stock option incentive plan, with 16.0368 million granted options to be exercised, with a three-year restricted period. The subsidiary is committed to becoming a global leader of clean energy equipment and services, and contributing to reaching the goals of carbon peaking and carbon neutrality.
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SOURCE SANY Group | https://www.wafb.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ | 2023-07-31T12:38:10 | 0 | https://www.wafb.com/prnewswire/2023/07/31/sany-announces-2023-employee-stock-ownership-plan/ |
Report Outlines Company's Progress Toward Its Environmental, Social, and Governance (ESG) Goals
ST. LOUIS, July 31, 2023 /PRNewswire/ -- Global packaging leader TricorBraun today published its inaugural Sustainability report, outlining its progress toward its Environmental, Social, and Governance (ESG) goals.
"We are pleased to present our first-ever Sustainability Report, which brings to life our commitments to sustainable and ethical practices," said Court Carruthers, president and CEO, TricorBraun. "Our team is guided by the principle that we do things the right way always, and this naturally extends to our environmental, social, and governance (ESG) impacts—including helping our customers with their own ESG goals by offering sustainable packaging options while improving our own environmental footprint."
Key highlights from the report include these 2022 milestones:
- Reduced our carbon footprint and incorporated international operations into our Greenhouse Gas (GHG) Inventory
- Sourced renewable energy to further reduce negative climate impacts
- Piloted our first Zero-Waste program in multiple locations across North America
- Further protected our team members by creating a Warehousing Roundtable which emphasizes dock, forklift, and 5S safety programs
- Supported open communications channels that are accessible for all team members by relaunching the TricorBraun Ethics Hub to include additional languages, international access, and mobile reporting
- Established exclusive agreements to offer sustainable packaging options to customers in the US, Canada, and Europe
"The release of our first Sustainability report is a significant milestone as our team continues to work tirelessly in pursuit of achieving our ESG goals," said Susan Bergethon, SVP & general counsel, and leader of the Company's ESG strategy. "We are pleased with our progress to date, and we look forward to making continued progress toward our intentional ESG goals for the benefit of our team members, our customers, our business—and our planet."
To read the full report and learn more about TricorBraun's ESG goals, visit https://www.tricorbraun.com/about-us/esg-at-tricorbraun/2022-sustainability-report.html.
About TricorBraun
Founded in 1902, TricorBraun is a global packaging leader. We provide innovative solutions across a wide array of customer end markets in plastic, glass, and aluminum containers, closures, dispensers, tubes, and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. TricorBraun is comprised of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.
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SOURCE TricorBraun | https://www.kait8.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ | 2023-07-31T12:38:15 | 0 | https://www.kait8.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ |
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC).
On February 3, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, releasing toxins and other combustible liquids, which ultimately led to a controlled burn of toxic chemicals. The derailment prompted the evacuation of residents from the surrounding area. Upon returning to their homes, residents reported hazardous air quality and other health and environmental concerns.
On February 8, 2023, Ohio Governor Mike DeWine stated that Norfolk Southern "created the problem" and that it was "their liability" and "ought to pay for it." On February 21, 2023, the U.S. Environmental Protection Agency ordered Norfolk Southern to clean up the site, stating that it "will pay for cleaning up the mess they created and for the trauma they've inflicted on this community." The National Transportation Safety Board's preliminary report stated that the derailment was 100% preventable, and it later opened a special investigation into Norfolk Southern's safety practices because it had experienced five significant accidents since December 2021. On March 14, 2023, Ohio Attorney General Dave Yost filed a complaint against Norfolk Southern alleging a wide range of violations in connection with a series of Norfolk Southern train derailments. On March 16, 2023, purchasers of Norfolk Southern stock filed securities fraud class action claims against the company. On March 31, 2023, the U.S. Department of Justice sued Norfolk Southern seeking penalties and injunctive relief for the unlawful discharge of pollutants, oil, and hazardous substances under the Clean Water Act, and declaratory judgment for past and future costs under the Comprehensive Environmental Response, Compensation, and Liability Act.
The Schubert Firm is investigating potential wrongdoing by Norfolk Southern's officers and directors in connection with these allegations. Norfolk Southern previously recognized $387 million in expenses related to these matters, and on July 27, 2023 announced another $416 million charge, for a total of $803 million.
If you own Norfolk Southern stock and wish to obtain additional information about your legal rights, please contact us today or visit our website at
https://www.classactionlawyers.com/norfolk.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.
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SOURCE Schubert Jonckheer & Kolbe LLP | https://www.kwch.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ | 2023-07-31T12:38:16 | 0 | https://www.kwch.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ |
BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- SEKISUI Diagnostics announces the launch of the OSOM COVID-19 Antigen Home Test to diagnose COVID-19 at home.
The OSOM COVID-19 Antigen Home Test is a lateral flow immunoassay device intended for the qualitative detection of nucleocapsid protein antigen from SARS-CoV-2 virus. As with other OSOM Rapid Tests, it is made in the USA and supported by a highly skilled technical support team of medical technologists/professionals.
"We are excited to be able to provide consumers with more tools to help diagnose COVID-19 in a fast, easy-to-use format that can be purchased over the counter. This supports our goal of bringing diagnostics to where they are needed most, which in this case is at home, so people do not have to travel to medical facilities and can treat or quarantine quickly", said Erica Blight, VP of Client Services, Clinical Research & Marketing.
SEKISUI Diagnostics is a well-known provider of many rapid testing solutions to the professional market through a portfolio of point-of-care tests under the OSOM and Acucy® brands. These simple, high performing tests have provided flexibility to healthcare professionals for decades and are now being brought to the home testing market.
"Our entrance into the home testing market is another way we are providing solutions to enhance life with science to improve the health of all people. We understand home testing is a valuable tool and becoming more accepted and necessary, especially when we are experiencing significant waves of respiratory infections as we have seen in previous seasons", said Bob Schruender, President & CEO.
About the OSOM® COVID-19 Antigen Home Test
This product has not been FDA cleared or approved but has been authorized by FDA under a conditional EUA. This product has been authorized only for the detection of proteins from SARS-CoV-2, not for any other viruses or pathogens; and the conditional emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated, or authorization is revoked sooner.
About SEKISUI Diagnostics:
With over 40 years of experience, SEKISUI Diagnostics' mission is to provide intelligent solutions to enhance life with science and improve the health of all people. We supply innovative medical diagnostics globally to physicians, hospitals, laboratories and alternate testing locations.
Our product lines include clinical chemistry reagents, point-of-care tests, pre-analytic systems as well as enzymes and specialty biochemicals.
View original content to download multimedia:
SOURCE SEKISUI DIAGNOSTICS, LLC | https://www.wafb.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ | 2023-07-31T12:38:17 | 0 | https://www.wafb.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ |
DUBLIN, Calif., July 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced its plan to launch a fixed price tender offer (the "Tender Offer") to repurchase approximately $640 million in value of shares of TriNet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on August 1, 2023. In addition, the Company signed a separate agreement on July 30, 2023 (the "Repurchase Agreement") to repurchase a minimum of approximately $360 million in value of shares from affiliates of its largest stockholder, Atairos Group, Inc. (collectively, "Atairos"). Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.
"Today is an exciting day for TriNet as we announce our intention to launch transactions to buy back $1 billion of TriNet stock," said Burton M. Goldfield, TriNet's President and CEO. "For some time, we have believed that TriNet's stock represents significant value, especially in light of our recent financial and operating performance. With our optimism around our long-term outlook, we believe now is a great time to take bold action around our capital structure."
"We have long valued Atairos' share ownership and Board of Directors participation," Goldfield continued. "As a part of these buybacks, Atairos intends to maintain its current approximate pro rata percentage ownership, but has also agreed to sell additional shares if our tender offer is undersubscribed, potentially reducing their ownership to no less than 30%. We welcome their continued ownership and Board participation."
"TriNet is a dynamic growth company with a proven business model and strong corporate cash flows," said Kelly Tuminelli, TriNet's Chief Financial Officer. "Through this action, we are using our financial resources to reduce TriNet's overall weighted average cost of capital. This is in line with our recently announced financial policy, while accreting long term value for all of our shareholders."
The Tender Offer will provide that the Company repurchase for cash up to 5,981,308 shares (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest. The Tender Offer is expected to commence on August 1, 2023 and expire at 12:00 midnight, New York City time, at the end of the day on August 28, 2023 (the "Expiration Date"), unless extended or terminated.
The Repurchase Agreement, which was executed on July 30, 2023, provides that TriNet will repurchase for cash a minimum of 3,364,486 shares (representing approximately $360 million in value of shares) from Atairos at the purchase price set forth in the Tender Offer, but not less than $107.00 per share (the "Atairos Commitment Amount"). Atairos beneficially owns 21,450,259 shares as of the date hereof (representing approximately 36% of the Company's outstanding shares as of July 27, 2023) and, assuming the full subscription of the Tender Offer, Atairos will continue to own approximately 36% of the Company's outstanding shares following the repurchase.
If the Tender Offer is not fully subscribed, but at least 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, Atairos has agreed to increase the number of shares to be sold to the Company under the Repurchase Agreement and will sell an additional number of shares equal to the difference between the number of shares offered to be repurchased pursuant to the Tender Offer and the number of shares actually repurchased in the Tender Offer such that the total share value of both transactions remains $1 billion; provided that such increase does not cause Atairos to beneficially own less than 33% of the Company's outstanding shares immediately following the closing of the Share Repurchase (taking into account the shares purchased in the Tender Offer), which percent may be further reduced to 30% at Atairos' sole discretion. If the Tender Offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the Tender Offer and, unless Atairos agrees to further reduce its ownership level, the Company will repurchase only the Atairos Commitment Amount from Atairos under the Repurchase Agreement.
The Share Repurchase is expected to close on the 11th business day following the Expiration Date, or September 13, 2023. The Share Repurchase is conditioned upon, among other matters, the completion of the Tender Offer, which, in turn, is subject to certain conditions, including the receipt of financing. These transactions will be made under TriNet's $1 billion stock repurchase program increase announced on July 26, 2023.
Assuming that the conditions to the Tender Offer are satisfied or waived and the Tender Offer is fully subscribed, the Company would purchase 5,981,308 shares pursuant to the Tender Offer and 3,364,486 shares pursuant to the Share Repurchase for an aggregate of 9,345,794 shares, representing approximately 16% of the Company's outstanding shares as of July 27, 2023.
The Tender Offer and the Share Repurchase have been authorized and approved by the Company's Board of Directors, the Finance and Audit Committee of the Board of Directors and the members of the Board of Directors who are independent of Atairos. However, neither the Company nor any member of the Board of Directors has made, or is making, any recommendation to stockholders as to whether they should tender or refrain from tendering their shares. Stockholders must make their own decision as to whether to tender their shares and, if so, how many shares to tender. Stockholders are urged to discuss their decisions with their tax advisor, financial advisor and/or broker.
Certain Information Regarding the Tender Offer
The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares in the Tender Offer. TriNet has not yet commenced the Tender Offer described herein, and there can be no assurance that TriNet will commence the Tender Offer on the terms described in this press release. The Tender Offer will be made only pursuant to the Offer to Purchase and the related materials that the Company will file with the SEC, and will distribute to its stockholders, as they may be amended or supplemented, on the commencement date of the Tender Offer. Stockholders should read the Offer to Purchase and related materials carefully and in their entirety because they will contain important information, including the terms and conditions of the Tender Offer. When they are available, stockholders of the Company may obtain a free copy of the Tender Offer statement on Schedule TO, the Offer to Purchase and other documents that the Company will file with the SEC from the SEC's website at www.sec.gov. When they are available, stockholders also will be able to obtain a copy of these documents, without charge, from D.F. King & Co., Inc., toll free at (800) 431-9643. Stockholders are urged to carefully read all of those materials when they become available prior to making any decision with respect to the Tender Offer.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses with full-service industry-specific HR solutions, providing both professional employer organization and human resources information system services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most-growing their business and enabling their people.
Forward Looking Statements
This press release contains forward-looking statements that are based on TriNet's current expectations. Such statements include TriNet's plan to initiate the Tender Offer and ability to complete the Share Repurchase on the terms and timing described herein, or at all. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including investor demand, market conditions, customary closing conditions and other factors. There can be no assurance that TriNet will complete the Share Repurchase or initiate the Tender Offer. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect TriNet and its results is included in TriNet's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023 and June 30, 2023. TriNet does not assume any obligation to update the forward-looking information contained in this press release.
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SOURCE TriNet Group, Inc. | https://www.kait8.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ | 2023-07-31T12:38:21 | 0 | https://www.kait8.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- AMIRO ("the Company"), a leading beauty and skincare technology brand, is thrilled to announce that its research facility, AMIRO LAB, has successfully obtained the Qualified Testing Location (QTL) certification after a comprehensive audit conducted by SGS.
SGS, a globally recognized testing, inspection and certification organization with thousands of branches and laboratories worldwide, introduced the QTL certification for laboratory witness testing. As an SGS-accredited testing location, AMIRO LAB will undergo witness testing by SGS during the certification process, ensuring the accuracy and reliability of the test data. This reduces the time required for companies to transport samples to SGS-designated laboratories for testing, thus effectively shortening the product testing cycle.
"As we receive the QTL certification for AMIRO LAB, it signifies a resounding acknowledgment of our research center's testing capabilities and management efficiency," Jason Chen, Quality Management Director, said. "This milestone propels us into a new phase of strategic cooperation with SGS. Looking ahead, we will forge closer ties in product testing, inspection, certification, and industry standard-setting to drive the high-quality and sustainable development of the skincare technology industry."
Widely recognized as a technology-driven and innovation-focused skincare enterprise, AMIRO has always prioritized research and development. From its inception, AMIRO has established its AMIRO LAB to focus on innovative applications of photonic and medical technologies in the beauty and skincare field. The center boasts a wide array of state-of-the-art equipment, facilitating effective quantitative evaluations.
In a bid to enhance its research and development capabilities, AMIRO has also actively engaged in collaborations between industry, academia, and research institutions, partnering with renowned universities to set up joint R&D centers. These collaborations have enabled AMIRO to advance fundamental research and create products that precisely cater to users' skincare needs.
One exemplary collaboration involves the establishment of the Smart Photonic Medical Technology Joint Research Center with Shanghai Jiao Tong University's School of Biomedical Engineering. This center explores the application and commercialization of photonic therapy in relevant fields. Additionally, the Company has also collaborated with Zhejiang University's School of Pharmacy that led the research on transdermal permeation technology combined with photonic energy. AMIRO has also worked with Sichuan University on a precise skin measurement and evaluation development platform, and with Chongqing University on skin photonic science to study anti-aging skincare solutions for consumers.
AMIRO's prominent position in the industry is further cemented by its active participation in establishing industry standards. The Company has taken an active role in standard-setting initiatives by leveraging its profound R&D capabilities. AMIRO has led the formulation of several industry group standards, including "Guidelines for Face Masks Used in Conjunction with RF Beauty Devices" and "Guidelines for Skincare Products Used in Conjunction with RF and Microcurrent Home Beauty Devices." Moreover, AMIRO has participated in the development of the national standard "Special Requirements for the Safety of Electrical Skin Beauty Devices" to help with the standardization of the industry.
The latest SGS' awarding of the QTL certification to AMIRO is a testament to the brand's advanced laboratory equipment and robust quality management system. This certification represents not only the assurance of product quality but signifies The Company's commitment to enhancing product certification efficiency and accelerating its product launch process to benefit more consumers.
Looking ahead, AMIRO remains committed to optimizing its quality management system as well as its product inspection and testing processes. The Company will continue to translate scientific research achievements into practical applications, delivering simple, safe, and effective products. AMIRO's ultimate goal is to offer precise and tailored skincare solutions for every individual, allowing consumers to experience the beauty of life to the fullest.
For more information about AMIRO and its range of facial devices, please visit their official website.
Or connect with them on social media:
Instagram: https://www.instagram.com/amiroglobal/
Facebook: https://www.facebook.com/AMIRO-Global-103502195623795/
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About AMIRO
AMIRO, a beauty and skincare technology brand founded in 2015, has been delivering joy and harmony through its technologically advanced home beauty and personal care electronic products. With over 38 international design awards, AMIRO is your trusted skincare partner that offers portable, short-acting, and long-lasting solutions to improve skincare efficiency.
Upholding the idea of "Revitalize beauty through science", AMIRO's products are designed to be affordable, high-quality, and supported by clinical data. With a commitment to sustainability and innovation, AMIRO is dedicated to providing skincare solutions that make women of all ages feel confident and beautiful.
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SOURCE AMIRO | https://www.kwch.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ | 2023-07-31T12:38:23 | 1 | https://www.kwch.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ |
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC).
On February 3, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, releasing toxins and other combustible liquids, which ultimately led to a controlled burn of toxic chemicals. The derailment prompted the evacuation of residents from the surrounding area. Upon returning to their homes, residents reported hazardous air quality and other health and environmental concerns.
On February 8, 2023, Ohio Governor Mike DeWine stated that Norfolk Southern "created the problem" and that it was "their liability" and "ought to pay for it." On February 21, 2023, the U.S. Environmental Protection Agency ordered Norfolk Southern to clean up the site, stating that it "will pay for cleaning up the mess they created and for the trauma they've inflicted on this community." The National Transportation Safety Board's preliminary report stated that the derailment was 100% preventable, and it later opened a special investigation into Norfolk Southern's safety practices because it had experienced five significant accidents since December 2021. On March 14, 2023, Ohio Attorney General Dave Yost filed a complaint against Norfolk Southern alleging a wide range of violations in connection with a series of Norfolk Southern train derailments. On March 16, 2023, purchasers of Norfolk Southern stock filed securities fraud class action claims against the company. On March 31, 2023, the U.S. Department of Justice sued Norfolk Southern seeking penalties and injunctive relief for the unlawful discharge of pollutants, oil, and hazardous substances under the Clean Water Act, and declaratory judgment for past and future costs under the Comprehensive Environmental Response, Compensation, and Liability Act.
The Schubert Firm is investigating potential wrongdoing by Norfolk Southern's officers and directors in connection with these allegations. Norfolk Southern previously recognized $387 million in expenses related to these matters, and on July 27, 2023 announced another $416 million charge, for a total of $803 million.
If you own Norfolk Southern stock and wish to obtain additional information about your legal rights, please contact us today or visit our website at
https://www.classactionlawyers.com/norfolk.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.
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SOURCE Schubert Jonckheer & Kolbe LLP | https://www.wafb.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ | 2023-07-31T12:38:23 | 1 | https://www.wafb.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ |
This Launch Marks the Latest Expansion of the Brand's Complexion Offerings as it Doubles Down on The Skincare-Meets-Makeup Hybrid Category
NEW YORK, July 31, 2023 /PRNewswire/ -- TULA Skincare, the leading clinically proven probiotic extract powered skincare brand has announced the expansion of its complexion offerings to include concealer.
After learning that TULA's customers were looking for a skin brightening eye treatment along with a concealer, the brand created a state-of-the-art clean skincare-makeup hybrid that delivers skin-boosting benefits with high-performance medium-to-full coverage.
Available in a 20-shade range, the dermatologist-tested, Radiant Skin Brightening Serum Concealer is infused with TULA's unique Rainbow Seabright™ Elixir. This clinically-proven serum-like formula instantly conceals dark circles and discoloration for longwearing, crease-proof results, while brightening the appearance of skin over time. Additional ingredients include TULA's S6Pro Complex® - a US patent pending super six blend of prebiotics and probiotic extracts to help soothe skin, improve skin smoothness and maintain skin balance, along with eye peptides and tea leaf caffeine to help improve the look of dark circles, skin texture, and eye bags. The Radiant Skin Brightening Serum Concealer can be paired with the brand's Radiant Skin Brightening Serum Skin Tint or Filter Primer Blurring & Moisturizing Primer to help build one's complexion wardrobe, or spot conceal for a no-makeup, makeup look.
"Expanding our complexion category to include a concealer was a natural next step for us, especially knowing the strong desire our customers have had for an eye treatment with brightening benefits." said TULA Skincare CEO, Savannah Sachs. " We are excited to have another offering for our glow getters that will surely be a staple in their skincare and beauty routines."
To mark the launch, TULA will be executing a multi-channel launch campaign across its digital platform, and organic social, paid media, and influencer channels. Efforts will include launching a custom "shade finder" on tula.com to help customers find their perfect match concealer shade, highlighting content speaking to the "no-makeup, makeup" and makeup-skincare hybrid trends across TikTok and Instagram, and partnering with a curated set of influencers and providing them with an early access link exclusively for their followers to purchase the concealer prior to launch. In addition to tula.com, the concealer will launch in Ulta Beauty stores nationwide and online and will be featured in an upcoming issue of the Ulta Beauty Magazine, with in-store complexion events planned in the coming months in multiple doors.
TULA's Radiant Skin Brightening Serum Concealer will be available for purchase on July 31 on tula.com, and will retail for $32.
About TULA Skincare
TULA is a doctor-founded skincare brand built on clinically proven formulas powered by probiotic extracts. We believe that the same types of ingredients which are good for your body are also great for your skin. We focus on being healthy, not perfect and on empowering everyone to feel confident in their skin.
Media Contact: Zoe Jeans at Bux + Bewl Communications: zoe@buxandbewl.com
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SOURCE TULA Skincare | https://www.kait8.com/prnewswire/2023/07/31/tula-skincare-launches-new-radiant-skin-brightening-serum-concealer/ | 2023-07-31T12:38:27 | 1 | https://www.kait8.com/prnewswire/2023/07/31/tula-skincare-launches-new-radiant-skin-brightening-serum-concealer/ |
The Avocados From Mexico® Chocolate Dulce De Leche Cupcake will be available at Sprinkles bakeries nationwide for one week beginning July 31
DALLAS, July 31, 2023 /PRNewswire/ -- Talk about a perfect pairing! Avocados From Mexico®, the number one selling avocado brand in the U.S., is making National Avocado Day even better by partnering with renowned dessert bakery chain Sprinkles for a delicious collaboration – a limited-edition cupcake featuring fresh Mexican avocados.
The Avocados From Mexico® Chocolate Dulce De Leche Sprinkles cupcake is a delectable banana cupcake that's studded with pecans and generously filled with a soft dulce de leche core. And to top it all off? A zesty frosting that blends rich cream cheese and chocolate made with fresh Mexican avocados for a delightful, creamy finish.
"The new Avocados From Mexico Chocolate Dulce De Leche cupcake features the highest quality and best-tasting ingredients," said Sprinkles Vice President, Culinary, Charles Craig. "By blending fresh avocado and smooth cream cheese alongside the banana and dulce de leche cupcake, we were able to elevate all the ingredients resulting in a cupcake that is out-of-this world. We can't wait for fans to try it!"
Beginning on July 31, National Avocado Day, consumers can make their week better by enjoying Avocados From Mexico in cupcake form — available at Sprinkles nationwide through August 6.
"Avocados From Mexico make everything better, and we're so proud that our avocados will get to shine in a unique way on National Avocado Day," said Kelly Burke, Director of Brand Marketing at Avocados From Mexico. "Our brand is known for bringing the good times with great tasting avocados. We are excited to partner with a beloved brand like Sprinkles to spark good times in a new way with everyone's favorite sweet treat."
"Sprinkles Cupcakes has always taken an innovative approach to classic desserts, and this new collaboration with Avocados From Mexico is no exception," said Sprinkles CMO, Michelle Wong. "Avocados From Mexico was an obvious choice for their quality and taste, and we can't wait for our guests to discover our latest cupcake, starring this beloved fruit."
To learn more about Avocados From Mexico, visit https://avocadosfrommexico.com, Facebook (facebook.com/avocadosfrommexico), Instagram (@avocadosfrommexico) or Twitter (@AvosFromMexico). #MakeItBetter #AFMxSprinkles
About Avocados From Mexico
Avocados From Mexico is a wholly-owned subsidiary of the Mexican Hass Avocado Importers Association (MHAIA), formed for the purpose of advertising, promotion, public relations and research for all stakeholders of Avocados From Mexico. Under agreements, MHAIA and the Association of Avocado Exporting Producers & Packers of Mexico (APEAM) have combined resources to fund and manage Avocados From Mexico, with the intent to provide a focused, highly- effective and efficient marketing program in the United States. Avocados From Mexico is headquartered in Irving, Texas.
About Sprinkles
Sprinkles offers premium cupcakes, cakes and cookies that are baked fresh in small batches throughout the day and handcrafted with only the finest ingredients. Sprinkles opened its first bakery in Beverly Hills in 2005, drawing long lines of loyal cupcake fans and celebrity endorsements. Sprinkles prides themselves in being passionate innovators and since debuting the world's first Cupcake ATM, the brand has introduced layer cakes, cookies and brownies, launched a national shipping platform and has grown to over 70 bakeries and ATMs coast-to-coast. Sprinkles launched domestic and international franchising in 2022. For additional information on Sprinkles, follow @sprinklescupcakes on social and visit www.sprinkles.com.
CONTACT: Ana Ambrosi, aambrosi@avocadosfrommexico.com
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SOURCE Avocados From Mexico | https://www.kwch.com/prnewswire/2023/07/31/sweet-news-avocados-mexico-sprinkles-launch-limited-edition-cupcake-national-avocado-day/ | 2023-07-31T12:38:29 | 1 | https://www.kwch.com/prnewswire/2023/07/31/sweet-news-avocados-mexico-sprinkles-launch-limited-edition-cupcake-national-avocado-day/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- AMIRO ("the Company"), a leading beauty and skincare technology brand, is thrilled to announce that its research facility, AMIRO LAB, has successfully obtained the Qualified Testing Location (QTL) certification after a comprehensive audit conducted by SGS.
SGS, a globally recognized testing, inspection and certification organization with thousands of branches and laboratories worldwide, introduced the QTL certification for laboratory witness testing. As an SGS-accredited testing location, AMIRO LAB will undergo witness testing by SGS during the certification process, ensuring the accuracy and reliability of the test data. This reduces the time required for companies to transport samples to SGS-designated laboratories for testing, thus effectively shortening the product testing cycle.
"As we receive the QTL certification for AMIRO LAB, it signifies a resounding acknowledgment of our research center's testing capabilities and management efficiency," Jason Chen, Quality Management Director, said. "This milestone propels us into a new phase of strategic cooperation with SGS. Looking ahead, we will forge closer ties in product testing, inspection, certification, and industry standard-setting to drive the high-quality and sustainable development of the skincare technology industry."
Widely recognized as a technology-driven and innovation-focused skincare enterprise, AMIRO has always prioritized research and development. From its inception, AMIRO has established its AMIRO LAB to focus on innovative applications of photonic and medical technologies in the beauty and skincare field. The center boasts a wide array of state-of-the-art equipment, facilitating effective quantitative evaluations.
In a bid to enhance its research and development capabilities, AMIRO has also actively engaged in collaborations between industry, academia, and research institutions, partnering with renowned universities to set up joint R&D centers. These collaborations have enabled AMIRO to advance fundamental research and create products that precisely cater to users' skincare needs.
One exemplary collaboration involves the establishment of the Smart Photonic Medical Technology Joint Research Center with Shanghai Jiao Tong University's School of Biomedical Engineering. This center explores the application and commercialization of photonic therapy in relevant fields. Additionally, the Company has also collaborated with Zhejiang University's School of Pharmacy that led the research on transdermal permeation technology combined with photonic energy. AMIRO has also worked with Sichuan University on a precise skin measurement and evaluation development platform, and with Chongqing University on skin photonic science to study anti-aging skincare solutions for consumers.
AMIRO's prominent position in the industry is further cemented by its active participation in establishing industry standards. The Company has taken an active role in standard-setting initiatives by leveraging its profound R&D capabilities. AMIRO has led the formulation of several industry group standards, including "Guidelines for Face Masks Used in Conjunction with RF Beauty Devices" and "Guidelines for Skincare Products Used in Conjunction with RF and Microcurrent Home Beauty Devices." Moreover, AMIRO has participated in the development of the national standard "Special Requirements for the Safety of Electrical Skin Beauty Devices" to help with the standardization of the industry.
The latest SGS' awarding of the QTL certification to AMIRO is a testament to the brand's advanced laboratory equipment and robust quality management system. This certification represents not only the assurance of product quality but signifies The Company's commitment to enhancing product certification efficiency and accelerating its product launch process to benefit more consumers.
Looking ahead, AMIRO remains committed to optimizing its quality management system as well as its product inspection and testing processes. The Company will continue to translate scientific research achievements into practical applications, delivering simple, safe, and effective products. AMIRO's ultimate goal is to offer precise and tailored skincare solutions for every individual, allowing consumers to experience the beauty of life to the fullest.
For more information about AMIRO and its range of facial devices, please visit their official website.
Or connect with them on social media:
Instagram: https://www.instagram.com/amiroglobal/
Facebook: https://www.facebook.com/AMIRO-Global-103502195623795/
YouTube: https://www.youtube.com/@amiroglobal/featured
About AMIRO
AMIRO, a beauty and skincare technology brand founded in 2015, has been delivering joy and harmony through its technologically advanced home beauty and personal care electronic products. With over 38 international design awards, AMIRO is your trusted skincare partner that offers portable, short-acting, and long-lasting solutions to improve skincare efficiency.
Upholding the idea of "Revitalize beauty through science", AMIRO's products are designed to be affordable, high-quality, and supported by clinical data. With a commitment to sustainability and innovation, AMIRO is dedicated to providing skincare solutions that make women of all ages feel confident and beautiful.
View original content to download multimedia:
SOURCE AMIRO | https://www.wafb.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ | 2023-07-31T12:38:30 | 0 | https://www.wafb.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ |
JASPER COUNTY, Iowa – An early morning crash Saturday claimed the life of a Des Moines man in Jasper County.
The single-vehicle accident happened on Highway 163 just west of Monroe around 3:00 a.m., according to a crash report from the Iowa State Patrol. John Dingman, 24, was traveling westbound when his vehicle left the roadway and rolled near mile marker 28.
Dingman was ejected from the vehicle and pronounced dead at the scene.
The Iowa State Patrol is continuing its investigation into the crash. | https://who13.com/news/iowa-news/des-moines-man-dies-in-jasper-county-rollover-crash/ | 2023-07-31T12:38:33 | 0 | https://who13.com/news/iowa-news/des-moines-man-dies-in-jasper-county-rollover-crash/ |
NPR's Leila Fadel talks with former Trump White House attorney Ty Cobb about the federal investigation into efforts to overturn the election, and the potential legal jeopardy for the former president.
Copyright 2023 NPR
NPR's Leila Fadel talks with former Trump White House attorney Ty Cobb about the federal investigation into efforts to overturn the election, and the potential legal jeopardy for the former president.
Copyright 2023 NPR | https://www.wboi.org/2023-07-31/another-indictment-against-trumps-efforts-to-undermine-democracy-could-come-soon | 2023-07-31T12:38:33 | 0 | https://www.wboi.org/2023-07-31/another-indictment-against-trumps-efforts-to-undermine-democracy-could-come-soon |
Launch demonstrates companies' commitment to bringing complex generic medicines to the market to help increase patient access
PITTSBURGH and WOODBURY, Minn., July 31, 2023 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, and Kindeva Drug Delivery L.P. today announced the launch of Breyna™ (budesonide and formoterol fumarate dihydrate) Inhalation Aerosol, the first generic version of AstraZeneca's Symbicort® with an Abbreviated New Drug Application (ANDA) approved by the U.S. Food and Drug Administration (FDA). Breyna, a drug-device combination product, is indicated for certain patients with asthma or chronic obstructive pulmonary disease (COPD) and will be immediately available in both 80 mcg/4.5 mcg and 160 mcg/4.5 mcg dosage strengths.
Viatris Head of North America Jose Cotarelo said: "We are excited to bring Breyna to the U.S. market for the many Americans living with asthma and COPD. This launch represents years of hard work breaking down barriers to access and builds upon our past successes of bringing other complex products to market as we continue to move up the value chain. Being the first to bring an FDA-approved generic version of Symbicort to patients is a true example of how access is the cornerstone of our mission to empower people worldwide to live healthier at every stage of life."
The indications for Breyna include asthma in patients six years of age and older, and the maintenance treatment of airflow obstruction and reducing exacerbations in patients with COPD, including chronic bronchitis and/or emphysema. Breyna is not indicated for the relief of acute bronchospasm. The 160 mcg/4.5 mcg is the only strength indicated for the treatment of COPD. COPD is a term used to describe a certain kind of chronic lung disease and is characterized by breathlessness; it affects more than 16 million Americans. Asthma causes swelling of the airways resulting in difficulty breathing, and approximately 25 million Americans have the chronic condition.
Milton Boyer, CEO of Kindeva Drug Delivery, added: "The launch of Breyna represents a significant milestone as it is the first FDA-approved generic version of Symbicort in the U.S., one of the most prescribed complex drug-device combination products to treat asthma and COPD. We are pleased for Viatris as well as the many Kindeva colleagues who have worked tirelessly to leverage our complex drug-delivery expertise for this important respiratory product — supporting a persistent need to continue bringing more quality medicines for asthma and COPD to patients."
To further expand access to Breyna, Viatris has established a copay program offered for eligible commercially-insured patients, which may help reduce out-of-pocket expenses on prescriptions to as little as $20 per 30-day supply. The program offers $30/month or up to $360 per year with 12 refills annually. The program will be available in August.
About Breyna
Breyna is indicated for the treatment of asthma in patients 6 years and older not adequately controlled on a long-term asthma-control medication such as an inhaled corticosteroid (ICS) or whose disease warrants initiation of treatment with both an ICS and long-acting beta2-adrenergic agonists (LABA). Breyna 160 mcg/4.5 mcg dosage is indicated for the maintenance treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema, and Breyna 160 mcg/4.5 mcg is also indicated to reduce exacerbations of COPD. Breyna is NOT indicated for the relief of acute bronchospasm.
Important Safety Information
Breyna is contraindicated in the primary treatment of status asthmaticus or other acute episode of asthma or COPD where intensive measures are required, and in hypersensitivity to any of the ingredients in Breyna. Use of long-acting beta2-adrenergic agonists (LABA) as monotherapy (without inhaled corticosteroids [ICS]) for asthma is associated with an increased risk of asthma-related death. Available data from controlled clinial trials also suggest that use of LABA as monotherapy increases the risk of asthma-related hospitalization in pediatric and adolescent patients. These findings are considered a class effect of LABA. When LABA are used in fixed dose combination with ICS, data from large clinical trials do not show a significant increase in the risk of serious asthma-related events (hospitalizations, intubations, death) compared to ICS alone. Breyna is NOT a rescue medication and does NOT replace fast-acting inhalers to treat acute symptoms. Breyna should not be initiated in patients during rapidly deteriorating episodes of asthma or COPD. Patients who are receiving Breyna should not use additional formoterol or other LABA for any reason. Localized infections of the mouth and pharynx with Candida albicans has occurred in patients treated with Breyna. Patients should rinse the mouth after inhalation of Breyna. Lower respiratory tract infections, including pneumonia, have been reported following the administration of ICS. Due to possible immunosuppression, potential worsening of infections could occur. A more serious or even fatal course of chickenpox or measles can occur in susceptible patients. It is possible that systemic corticosteroid effects such as hypercorticism and adrenal suppression may occur, particularly at higher doses. Particular care is needed for patients who are transferred from systemically active corticosteroids to ICS. Deaths due to adrenal insufficiency have occurred in asthmatic patients during and after transfer from systemic corticosteroids to less systemically available ICS. Caution should be exercised when considering administration of Breyna in patients on long-term ketoconazole and other known potent CYP3A4 inhibitors. As with other inhaled medications, paradoxical bronchospasm may occur with Breyna. Immediate hypersensitivity reactions may occur, as demonstrated by cases of urticaria, angioedema, rash, and bronchospasm. Excessive beta-adrenergic stimulation has been associated with central nervous system and cardiovascular effects. Breyna should be used with caution in patients with cardiovascular disorders especially coronary insufficiency, cardiac arrhythmias, and hypertension. Long-term use of ICS may result in a decrease in bone mineral density (BMD Assessment of BMD is recommended prior to initiating Breyna and periodically thereafter. ICS may result in a reduction in growth velocity when administered to pediatric patients. Glaucoma, increased intracolular pressure, and cataracts have been reported following the administration of ICS, including budesonide, a component of Breyna. Close monitoring for glaucoma and cataracts is warranted in patients with a change in vision or history of increased intraocular pressure. In rare cases, patients on ICS may present with systemic eosinophilic conditions. Breyna should be used with caution in patients with convulsive disorders, thyrotoxicosis, diabetes mellitus, ketoacidosis, and in patients who are unusually responsive to sympathomimetic amines. The most common adverse reactions ≥3% reported in asthma clinical trials included nasopharyngitis, headache, upper respiratory tract infection, pharyngolaryngeal pain, sinusitis, influenza, back pain, nasal congestion, stomach discomfort, vomiting, and oral candidiasis. The most common adverse reactions ≥3% reported in COPD clinical trials included nasopharyngitis, oral candidiasis, bronchitis, sinusitis, and upper respiratory tract infection. Breyna should be administered with caution to patients being treated with MAO inhibitors or tricyclic antidepressants, or within 2 weeks of discontinuation of such agents. Beta-blockers may not only block the pulmonary effect of beta-agonists, such as formoterol, but may produce severe bronchospasm in patients with asthma. ECG changes and/or hypokalemia associated with nonpotassium-sparing diuretics may worsen with concomitant beta-agonists. Use caution with the coadministration of Breyna.
About Viatris
Viatris Inc. (NASDAQ: VTRS) is a global healthcare company empowering people worldwide to live healthier at every stage of life. We provide access to medicines, advance sustainable operations, develop innovative solutions and leverage our collective expertise to connect more people to more products and services through our one-of-a-kind Global Healthcare Gateway®. Formed in November 2020, Viatris brings together scientific, manufacturing and distribution expertise with proven regulatory, medical and commercial capabilities to deliver high-quality medicines to patients in more than 165 countries and territories. Viatris' portfolio comprises more than 1,400 approved molecules across a wide range of therapeutic areas, spanning both non-communicable and infectious diseases, including globally recognized brands, complex generic and branded medicines, and a variety of over-the-counter consumer products. With more than 38,000 colleagues globally, Viatris is headquartered in the U.S., with global centers in Pittsburgh, Shanghai and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on Twitter at @ViatrisInc, LinkedIn and YouTube.
About Kindeva Drug Delivery
Kindeva Drug Delivery is a global contract development manufacturing organization focused on drug-device combination products. Kindeva Drug Delivery develops and manufactures products across a broad range of complex drug-delivery formats, including injectables (autoinjector, intradermal, microneedle), pulmonary & nasal, and transdermal patches. Its service offering spans early-stage feasibility through commercial scale drug product fill-finish, container closure system manufacturing, and drug-device product assembly. Kindeva Drug Delivery serves a global client base from its nine manufacturing and research and development facilities located in the U.S. and U.K. For more information, please visit www.kindevadd.com.
Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements." These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements may include statements that the launch of Breyna demonstrates the companies' commitment to bringing complex generic medicines to the market to help increase patient access; Breyna will be immediately available in both 80 mcg/4.5 mcg and 160 mcg/4.5 mcg dosage strengths; this launch represents years of hard work breaking down barriers to access and builds upon our past successes of bringing other complex products to market as we continue to move up the value chain; to further expand access to Breyna, Viatris has established a copay program offered for eligible commercially-insured patients, which may help reduce out-of-pocket expenses on prescriptions to as little as $20 per 30-day supply; and, the program will be available in August. Factors that could cause or contribute to such differences include, but are not limited to: the possibility that the Company may be unable to realize the intended benefits of, or achieve the intended goals or outlooks with respect to, its strategic initiatives; the possibility that the Company may be unable to achieve expected benefits, synergies and operating efficiencies in connection with acquisitions, divestitures, or its global restructuring program, within the expected timeframe or at all; impairment charges or other losses related to the divestiture or sale of businesses or assets; the Company's failure to achieve expected or targeted future financial and operating performance and results; the potential impact of public health outbreaks, epidemics and pandemics, including the ongoing challenges and uncertainties posed by COVID-19; actions and decisions of healthcare and pharmaceutical regulators; changes in healthcare and pharmaceutical laws and regulations in the U.S. and abroad; any regulatory, legal or other impediments to Viatris' ability to bring new products to market, including but not limited to "at-risk" launches; Viatris' or its partners' ability to develop, manufacture, and commercialize products; the scope, timing and outcome of any ongoing legal proceedings, and the impact of any such proceedings; any significant breach of data security or data privacy or disruptions to our information technology systems; risks associated with international operations; the ability to protect intellectual property and preserve intellectual property rights; changes in third-party relationships; the effect of any changes in Viatris' or its partners' customer and supplier relationships and customer purchasing patterns; the impacts of competition; changes in the economic and financial conditions of Viatris or its partners; uncertainties and matters beyond the control of management, including general economic conditions, inflation and exchange rates; failure to execute stock repurchases consistent with current expectations; stock price volatility; and the other risks described in Viatris' filings with the Securities and Exchange Commission (SEC). Viatris routinely uses its website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). Viatris undertakes no obligation to update these statements for revisions or changes after the date of this release other than as required by law.
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SOURCE Viatris Inc. | https://www.kait8.com/prnewswire/2023/07/31/viatris-announces-launch-breyna-budesonide-formoterol-fumarate-dihydrate-inhalation-aerosol-first-fda-approved-generic-version-symbicort-people-with-asthma-chronic-obstructive-pulmonary-disease-partnership-with-kindeva/ | 2023-07-31T12:38:34 | 1 | https://www.kait8.com/prnewswire/2023/07/31/viatris-announces-launch-breyna-budesonide-formoterol-fumarate-dihydrate-inhalation-aerosol-first-fda-approved-generic-version-symbicort-people-with-asthma-chronic-obstructive-pulmonary-disease-partnership-with-kindeva/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company" or "Taoping"), today announced that the board of directors of the Company approved a one-for-ten reverse stock split of the Company's issued and outstanding ordinary shares, no par value (the "Ordinary Shares"). Beginning August 1, 2023, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "TAOP" but with new CUSIP number, G8675V 127.
As a result of the share consolidation, each ten Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or "street name". Shareholders holding certificates of Ordinary Shares are expected to receive instructions from the Company's transfer agent, Transhare Corporation, regarding procedures for exchanging share certificates. All outstanding options, warrants and other rights to purchase the Company's Ordinary Shares will be adjusted proportionately as a result of the reverse stock split. No fractional shares will be issued as a result of the reverse stock split, and instead, all such fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share.
The reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Stock Market. Following the reverse stock split the Company will have approximately 1.86 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and warrants. The reverse stock split will not affect the number of total authorized Ordinary Shares of the Company.
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping's smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
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The Avocados From Mexico® Chocolate Dulce De Leche Cupcake will be available at Sprinkles bakeries nationwide for one week beginning July 31
DALLAS, July 31, 2023 /PRNewswire/ -- Talk about a perfect pairing! Avocados From Mexico®, the number one selling avocado brand in the U.S., is making National Avocado Day even better by partnering with renowned dessert bakery chain Sprinkles for a delicious collaboration – a limited-edition cupcake featuring fresh Mexican avocados.
The Avocados From Mexico® Chocolate Dulce De Leche Sprinkles cupcake is a delectable banana cupcake that's studded with pecans and generously filled with a soft dulce de leche core. And to top it all off? A zesty frosting that blends rich cream cheese and chocolate made with fresh Mexican avocados for a delightful, creamy finish.
"The new Avocados From Mexico Chocolate Dulce De Leche cupcake features the highest quality and best-tasting ingredients," said Sprinkles Vice President, Culinary, Charles Craig. "By blending fresh avocado and smooth cream cheese alongside the banana and dulce de leche cupcake, we were able to elevate all the ingredients resulting in a cupcake that is out-of-this world. We can't wait for fans to try it!"
Beginning on July 31, National Avocado Day, consumers can make their week better by enjoying Avocados From Mexico in cupcake form — available at Sprinkles nationwide through August 6.
"Avocados From Mexico make everything better, and we're so proud that our avocados will get to shine in a unique way on National Avocado Day," said Kelly Burke, Director of Brand Marketing at Avocados From Mexico. "Our brand is known for bringing the good times with great tasting avocados. We are excited to partner with a beloved brand like Sprinkles to spark good times in a new way with everyone's favorite sweet treat."
"Sprinkles Cupcakes has always taken an innovative approach to classic desserts, and this new collaboration with Avocados From Mexico is no exception," said Sprinkles CMO, Michelle Wong. "Avocados From Mexico was an obvious choice for their quality and taste, and we can't wait for our guests to discover our latest cupcake, starring this beloved fruit."
To learn more about Avocados From Mexico, visit https://avocadosfrommexico.com, Facebook (facebook.com/avocadosfrommexico), Instagram (@avocadosfrommexico) or Twitter (@AvosFromMexico). #MakeItBetter #AFMxSprinkles
About Avocados From Mexico
Avocados From Mexico is a wholly-owned subsidiary of the Mexican Hass Avocado Importers Association (MHAIA), formed for the purpose of advertising, promotion, public relations and research for all stakeholders of Avocados From Mexico. Under agreements, MHAIA and the Association of Avocado Exporting Producers & Packers of Mexico (APEAM) have combined resources to fund and manage Avocados From Mexico, with the intent to provide a focused, highly- effective and efficient marketing program in the United States. Avocados From Mexico is headquartered in Irving, Texas.
About Sprinkles
Sprinkles offers premium cupcakes, cakes and cookies that are baked fresh in small batches throughout the day and handcrafted with only the finest ingredients. Sprinkles opened its first bakery in Beverly Hills in 2005, drawing long lines of loyal cupcake fans and celebrity endorsements. Sprinkles prides themselves in being passionate innovators and since debuting the world's first Cupcake ATM, the brand has introduced layer cakes, cookies and brownies, launched a national shipping platform and has grown to over 70 bakeries and ATMs coast-to-coast. Sprinkles launched domestic and international franchising in 2022. For additional information on Sprinkles, follow @sprinklescupcakes on social and visit www.sprinkles.com.
CONTACT: Ana Ambrosi, aambrosi@avocadosfrommexico.com
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(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11) and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47) and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data. | https://who13.com/news/these-are-the-5-worst-states-to-retire-in-study-finds/ | 2023-07-31T12:38:39 | 1 | https://who13.com/news/these-are-the-5-worst-states-to-retire-in-study-finds/ |
How beavers are helping restore wetlands and create buffers against wildfires Published July 31, 2023 at 7:23 AM EDT Facebook Twitter LinkedIn Email Listen • 1:43 Some experts now see beavers — nature's helpers — as their dams can mitigate the effects of drought and wildfires. Copyright 2023 NPR | https://www.wboi.org/2023-07-31/how-beavers-are-helping-restore-wetlands-and-create-buffers-against-wildfires | 2023-07-31T12:38:39 | 0 | https://www.wboi.org/2023-07-31/how-beavers-are-helping-restore-wetlands-and-create-buffers-against-wildfires |
New nuclear unit now serving customers with clean, reliable energy 24/7
ATLANTA, July 31, 2023 /PRNewswire/ -- Georgia Power declared today that Plant Vogtle Unit 3 has entered commercial operation and is now serving customers and the State of Georgia. The new unit represents a long-term investment in the state's clean energy future and will provide reliable, emissions-free energy to customers for decades to come.
"The Plant Vogtle 3 & 4 nuclear expansion is another incredible example of how Georgia Power is building a reliable and resilient energy future for our state," said Kim Greene, chairman, president and CEO of Georgia Power. "It is important that we make these kinds of long-term investments and see them through so we can continue providing clean, safe, reliable and affordable energy to our 2.7 million customers. Today's achievement is a testament to our commitment to doing just that, and it marks the first day of the next 60 to 80 years that Vogtle Unit 3 will serve our customers with clean, reliable energy."
Vogtle Unit 3 is the first newly-constructed nuclear unit in the U.S. in over 30 years and can power an estimated 500,000 homes and businesses. Once all four units are online, the Plant Vogtle site will be the largest generator of clean energy in the nation and support continued growth in Georgia as more industries, businesses and families come to the state.
"Today is a historic day for the State of Georgia, Southern Company, and the entire energy sector, as we continue transforming the way we power the lives of millions of Americans," said Chris Womack, president and CEO of Southern Company. "With Unit 3 completed, and Unit 4 in the final stages of construction and testing, this project shows just how new nuclear can and will play a critical role in achieving a clean energy future for the United States. Bringing this unit safely into service is a credit to the hard work and dedication of our teams at Southern Company and the thousands of additional workers who have helped build that future at this site, as well as all of the partners who have helped make this day a reality."
Nuclear energy is the only zero-emission baseload energy source available today, offering high reliability, and efficient operations around the clock. Nuclear energy currently provides approximately 25% of Georgia Power's overall energy mix, including the existing units at Plant Vogtle and Georgia's other nuclear facility at Plant Hatch in Baxley, Georgia.
"The Vogtle expansion is an American energy success story and would not be possible without the support of strong public and private partners like our partners at North America's Building Trades Unions," said Tom Fanning, chairman of the Board of Directors for Southern Company. "We continue to appreciate their support and those who have stood with us at the local, state and federal levels to complete this new clean energy source to serve electric customers. Providing leadership in our industry and a commitment to safety and quality are in Southern Company's DNA. Today's milestone at the Vogtle expansion site underscores this legacy, and I couldn't be prouder of the dedication our teams have shown in seeing Unit 3 through to completion."
The final stages of construction and testing continue at Vogtle Unit 4, with the unit projected to be placed in service during the late fourth quarter 2023 or the first quarter of 2024. The unit completed hot functional testing in May, in significantly less time than Unit 3 as the team continues leveraging best practices and learnings from the earlier unit. The Vogtle site has also received nuclear fuel for Unit 4, with a total of 157 fuel assemblies necessary for the safe and reliable startup of the unit.
Also, last week, Georgia Power announced the receipt of the 103(g) finding from the Nuclear Regulatory Commission (NRC) for Vogtle Unit 4. This finding was confirmed in an official letter received by Southern Nuclear and signifies that the new unit has been constructed and will be operated in conformance with the Combined License and NRC regulations. No further NRC findings are necessary in order for Southern Nuclear to load fuel or begin the startup sequence for the new unit.
The new Vogtle units are an essential part of Georgia Power's commitment to delivering clean, safe, reliable and affordable energy to its 2.7 million customers. Southern Nuclear will operate the new units on behalf of the co-owners: Georgia Power, Oglethorpe Power, MEAG Power and Dalton Utilities.
About Georgia Power
Georgia Power is the largest electric subsidiary of Southern Company (NYSE: SO), America's premier energy company. Value, Reliability, Customer Service and Stewardship are the cornerstones of the company's promise to 2.7 million customers in all but four of Georgia's 159 counties. Committed to delivering clean, safe, reliable and affordable energy, Georgia Power maintains a diverse, innovative generation mix that includes nuclear, coal and natural gas, as well as renewables such as solar, hydroelectric and wind. Georgia Power focuses on delivering world-class service to its customers every day and the company is recognized by J.D. Power as an industry leader in customer satisfaction. For more information, visit www.GeorgiaPower.com and connect with the company on Facebook (Facebook.com/GeorgiaPower), Twitter (Twitter.com/GeorgiaPower) and Instagram (Instagram.com/ga_power).
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this release is forward-looking information based on current expectations and plans that involve risks and uncertainties. Forward-looking information includes, among other things, statements concerning the projected in-service date for Plant Vogtle Unit 4 and the future operations of Plant Vogtle Units 3 and 4. Georgia Power cautions that there are certain factors that can cause actual results to differ materially from the forward-looking information that has been provided. The reader is cautioned not to put undue reliance on this forward-looking information, which is not a guarantee of future performance and is subject to a number of uncertainties and other factors, many of which are outside the control of Georgia Power; accordingly, there can be no assurance that such suggested results will be realized. The following factors, in addition to those discussed in Georgia Power's Annual Report on Form 10-K for the year ended December 31, 2022, and subsequent securities filings, could cause actual results to differ materially from management expectations as suggested by such forward-looking information: the ability to control costs and avoid cost and schedule overruns during the development, construction, and operation of facilities or other projects, including Plant Vogtle Unit 4, which includes components based on new technology that only within the last few years began initial operation in the global nuclear industry at this scale, due to current and/or future challenges which include, but are not limited to, changes in labor costs, availability and productivity, challenges with the management of contractors or vendors, subcontractor performance, adverse weather conditions, shortages, delays, increased costs, or inconsistent quality of equipment, materials, and labor, contractor or supplier delay, the impacts of inflation, delays due to judicial or regulatory action, nonperformance under construction, operating, or other agreements, operational readiness, including specialized operator training and required site safety programs, engineering or design problems or any remediation related thereto, design and other licensing-based compliance matters, challenges with start-up activities, including major equipment failure, or system integration, and/or operational performance, continued challenges related to the COVID-19 pandemic or future pandemic health events, continued public and policymaker support for projects, environmental and geological conditions, delays or increased costs to interconnect facilities to transmission grids, and increased financing costs as a result of changes in market interest rates or as a result of project delays; the ability to overcome or mitigate the current challenges, or challenges yet to be identified, at Plant Vogtle Unit 4, that could further impact the cost and schedule for the project; legal proceedings and regulatory approvals and actions related to construction projects, such as Plant Vogtle Unit 4, including Georgia Public Service Commission approvals and U.S. Nuclear Regulatory Commission ("NRC") actions; under certain specified circumstances, a decision by holders of more than 10% of the ownership interests of Plant Vogtle Unit 3 and 4 not to proceed with construction; the notices of tender by Oglethorpe Power Corporation and the City of Dalton of a portion of their ownership interests in Plant Vogtle Units 3 and 4 to Georgia Power, including related litigation; the ability to construct facilities in accordance with the requirements of permits and licenses (including satisfaction of NRC requirements), to satisfy any environmental performance standards and the requirements of tax credits and other incentives, and to integrate facilities into the Southern Company system upon completion of construction; the inherent risks involved in operating and constructing nuclear generating facilities; the ability of counterparties of Georgia Power to make payments as and when due and to perform as required; the direct or indirect effect on Georgia Power's business resulting from cyber intrusion or physical attack and the threat of cyber and physical attacks; catastrophic events such as fires, earthquakes, explosions, floods, tornadoes, hurricanes and other storms, droughts, pandemic health events, political unrest, wars or other similar occurrences; the potential effects of the continued COVID-19 pandemic; and the direct or indirect effects on Georgia Power's business resulting from incidents affecting the U.S. electric grid or operation of generating or storage resources. Georgia Power expressly disclaim any obligation to update any forward–looking information.
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CLEVELAND, July 31, 2023 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2023 third quarter earnings before the market opens on Tuesday, August 8, 2023.
A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdigm.com.
The webcast will be archived on the website and available for replay later that day.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, cargo loading, handling and delivery systems and specialized flight, wind tunnel and jet engine testing services and equipment.
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SOURCE TransDigm Group Inc. | https://www.kwch.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ | 2023-07-31T12:38:42 | 0 | https://www.kwch.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company" or "Taoping"), today announced that the board of directors of the Company approved a one-for-ten reverse stock split of the Company's issued and outstanding ordinary shares, no par value (the "Ordinary Shares"). Beginning August 1, 2023, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol "TAOP" but with new CUSIP number, G8675V 127.
As a result of the share consolidation, each ten Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or "street name". Shareholders holding certificates of Ordinary Shares are expected to receive instructions from the Company's transfer agent, Transhare Corporation, regarding procedures for exchanging share certificates. All outstanding options, warrants and other rights to purchase the Company's Ordinary Shares will be adjusted proportionately as a result of the reverse stock split. No fractional shares will be issued as a result of the reverse stock split, and instead, all such fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share.
The reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the NASDAQ Stock Market. Following the reverse stock split the Company will have approximately 1.86 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and warrants. The reverse stock split will not affect the number of total authorized Ordinary Shares of the Company.
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping's smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
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A Libyan man who says he escaped execution by the Russian mercenary Wagner group is taking them to court in the U.S. — alleging torture and multiple human rights abuses.
Copyright 2023 NPR
A Libyan man who says he escaped execution by the Russian mercenary Wagner group is taking them to court in the U.S. — alleging torture and multiple human rights abuses.
Copyright 2023 NPR | https://www.wboi.org/2023-07-31/libyan-man-who-says-he-was-tortured-wants-to-hold-wagner-group-accountable | 2023-07-31T12:38:45 | 0 | https://www.wboi.org/2023-07-31/libyan-man-who-says-he-was-tortured-wants-to-hold-wagner-group-accountable |
BEIJING, July 31, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that an algorithm of nonlinear optical holography was developed. This is an algorithm that uses nonlinear optical effects to reconstruct a holographic image of an object. The laser beam is modulated using nonlinear optical materials to encode information about the object under test into an optical interference pattern, and then this interference pattern is recorded and processed using holography. In this process, the optical interference pattern has spatial and temporal features of high complexity, which can be used to realize nonlinear interactions between photons through the use of nonlinear optical effects (e.g., optical phase conjugation effects) to achieve the three-dimensional reconstruction of the object. It utilizes the nonlinear properties of light in optics to realize the processing and conversion of optical signals, and has the advantages of high resolution, no damage, and fast reconstruction.
This algorithm developed by WiMi is to use the characteristics of nonlinear optical materials to realize the self-modulation of light waves, self-frequency conversion and other processing, through holographic technology recorded light field information can provide richer optical information, to achieve better holographic image reconstruction effect. The laser beam and the reference beam are first constructed, and they are interfered with through the nonlinear crystal. In the interference region, the modulation of parameters such as refractive index, absorption, and refraction angle of the material that will be self-modulated is generated, and to obtain the hologram, the phase modulation of the signal beam is required. During the propagation of the laser wave in the material, the frequency of the wave changes due to the presence of nonlinear effects, forming a new non-planar wave called a differential frequency wave. The differential frequency wave is then recorded by holographic technology, and the corresponding data processing and reconstruction are carried out to obtain the hologram image of the original information. Finally, the desired image is obtained by processing the hologram.
Compared with traditional holographic algorithms, this technology can realize a variety of nonlinear optical effects, eliminate interference fringes and noise in traditional holographic technology, improve image clarity and signal-to-noise ratio, and obtain higher holographic imaging quality and resolution. It can also realize real-time imaging by adjusting the control factors such as laser power and material parameters, and can realize image modulation and enhancement by controlling different optical parameters, which improves the flexibility and applicability, and has higher practical value of application.
With the rapid development of computer technology and optical technology, WiMi's algorithm will also be continuously improved and enhanced, and its scope of application will be further expanded. It is foreseeable that the holographic algorithm will play an important role in the fields of medical imaging, education, entertainment, etc. At the same time, it will be one of the directions of future development of optical technology, which can provide important technical support for scientific research and industrial manufacturing.
About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.
Safe Harbor Statements
This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services.
Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.
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Report Outlines Company's Progress Toward Its Environmental, Social, and Governance (ESG) Goals
ST. LOUIS, July 31, 2023 /PRNewswire/ -- Global packaging leader TricorBraun today published its inaugural Sustainability report, outlining its progress toward its Environmental, Social, and Governance (ESG) goals.
"We are pleased to present our first-ever Sustainability Report, which brings to life our commitments to sustainable and ethical practices," said Court Carruthers, president and CEO, TricorBraun. "Our team is guided by the principle that we do things the right way always, and this naturally extends to our environmental, social, and governance (ESG) impacts—including helping our customers with their own ESG goals by offering sustainable packaging options while improving our own environmental footprint."
Key highlights from the report include these 2022 milestones:
- Reduced our carbon footprint and incorporated international operations into our Greenhouse Gas (GHG) Inventory
- Sourced renewable energy to further reduce negative climate impacts
- Piloted our first Zero-Waste program in multiple locations across North America
- Further protected our team members by creating a Warehousing Roundtable which emphasizes dock, forklift, and 5S safety programs
- Supported open communications channels that are accessible for all team members by relaunching the TricorBraun Ethics Hub to include additional languages, international access, and mobile reporting
- Established exclusive agreements to offer sustainable packaging options to customers in the US, Canada, and Europe
"The release of our first Sustainability report is a significant milestone as our team continues to work tirelessly in pursuit of achieving our ESG goals," said Susan Bergethon, SVP & general counsel, and leader of the Company's ESG strategy. "We are pleased with our progress to date, and we look forward to making continued progress toward our intentional ESG goals for the benefit of our team members, our customers, our business—and our planet."
To read the full report and learn more about TricorBraun's ESG goals, visit https://www.tricorbraun.com/about-us/esg-at-tricorbraun/2022-sustainability-report.html.
About TricorBraun
Founded in 1902, TricorBraun is a global packaging leader. We provide innovative solutions across a wide array of customer end markets in plastic, glass, and aluminum containers, closures, dispensers, tubes, and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. TricorBraun is comprised of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.
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CLEVELAND, July 31, 2023 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2023 third quarter earnings before the market opens on Tuesday, August 8, 2023.
A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdigm.com.
The webcast will be archived on the website and available for replay later that day.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, cargo loading, handling and delivery systems and specialized flight, wind tunnel and jet engine testing services and equipment.
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SOURCE TransDigm Group Inc. | https://www.wafb.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ | 2023-07-31T12:38:50 | 1 | https://www.wafb.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ |
GUANGZHOU, China, July 31, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it has published its 2022 Environmental, Social and Governance ("ESG") report, outlining the Company's progress and performance in key ESG areas.
The report provides a comprehensive review of Yatsen's ESG initiatives and developments, including corporate governance, research and development, employee rights protection, human capital development, environmental sustainability and social responsibility, among others.
To view the report in full, please visit the ESG section on the Yatsen Investor Relations website. Alternatively, please click here for the English version and here for the Chinese version of the 2022 report.
About Yatsen Holding Limited
Yatsen Holding Limited (NYSE: YSG) is a leading China-based beauty group with the mission of creating an exciting new journey of beauty discovery for consumers around the world. Founded in 2016, the Company has launched and acquired numerous color cosmetics and skincare brands, including Perfect Diary, Little Ondine, Abby's Choice, Galénic, DR.WU (its mainland China business), Eve Lom, Pink Bear and EANTiM. The Company's flagship brand, Perfect Diary, is one of the leading color cosmetics brands in China in terms of retail sales value. The Company primarily reaches and engages with customers directly, both online and offline, with an expansive presence across all major e-commerce, social and content platforms in China.
For more information, please visit http://ir.yatsenglobal.com/.
For investor and media inquiries, please contact:
In China:
Yatsen Holding Limited
Investor Relations
E-mail: ir@yatsenglobal.com
The Piacente Group, Inc
Hui Fan
Tel: +86-10-6508-0677
E-mail: yatsen@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yatsen@thepiacentegroup.com
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SOURCE Yatsen Holding Limited | https://www.kait8.com/prnewswire/2023/07/31/yatsen-issues-2022-esg-report/ | 2023-07-31T12:38:54 | 1 | https://www.kait8.com/prnewswire/2023/07/31/yatsen-issues-2022-esg-report/ |
DUBLIN, Calif., July 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced its plan to launch a fixed price tender offer (the "Tender Offer") to repurchase approximately $640 million in value of shares of TriNet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on August 1, 2023. In addition, the Company signed a separate agreement on July 30, 2023 (the "Repurchase Agreement") to repurchase a minimum of approximately $360 million in value of shares from affiliates of its largest stockholder, Atairos Group, Inc. (collectively, "Atairos"). Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.
"Today is an exciting day for TriNet as we announce our intention to launch transactions to buy back $1 billion of TriNet stock," said Burton M. Goldfield, TriNet's President and CEO. "For some time, we have believed that TriNet's stock represents significant value, especially in light of our recent financial and operating performance. With our optimism around our long-term outlook, we believe now is a great time to take bold action around our capital structure."
"We have long valued Atairos' share ownership and Board of Directors participation," Goldfield continued. "As a part of these buybacks, Atairos intends to maintain its current approximate pro rata percentage ownership, but has also agreed to sell additional shares if our tender offer is undersubscribed, potentially reducing their ownership to no less than 30%. We welcome their continued ownership and Board participation."
"TriNet is a dynamic growth company with a proven business model and strong corporate cash flows," said Kelly Tuminelli, TriNet's Chief Financial Officer. "Through this action, we are using our financial resources to reduce TriNet's overall weighted average cost of capital. This is in line with our recently announced financial policy, while accreting long term value for all of our shareholders."
The Tender Offer will provide that the Company repurchase for cash up to 5,981,308 shares (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest. The Tender Offer is expected to commence on August 1, 2023 and expire at 12:00 midnight, New York City time, at the end of the day on August 28, 2023 (the "Expiration Date"), unless extended or terminated.
The Repurchase Agreement, which was executed on July 30, 2023, provides that TriNet will repurchase for cash a minimum of 3,364,486 shares (representing approximately $360 million in value of shares) from Atairos at the purchase price set forth in the Tender Offer, but not less than $107.00 per share (the "Atairos Commitment Amount"). Atairos beneficially owns 21,450,259 shares as of the date hereof (representing approximately 36% of the Company's outstanding shares as of July 27, 2023) and, assuming the full subscription of the Tender Offer, Atairos will continue to own approximately 36% of the Company's outstanding shares following the repurchase.
If the Tender Offer is not fully subscribed, but at least 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, Atairos has agreed to increase the number of shares to be sold to the Company under the Repurchase Agreement and will sell an additional number of shares equal to the difference between the number of shares offered to be repurchased pursuant to the Tender Offer and the number of shares actually repurchased in the Tender Offer such that the total share value of both transactions remains $1 billion; provided that such increase does not cause Atairos to beneficially own less than 33% of the Company's outstanding shares immediately following the closing of the Share Repurchase (taking into account the shares purchased in the Tender Offer), which percent may be further reduced to 30% at Atairos' sole discretion. If the Tender Offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the Tender Offer and, unless Atairos agrees to further reduce its ownership level, the Company will repurchase only the Atairos Commitment Amount from Atairos under the Repurchase Agreement.
The Share Repurchase is expected to close on the 11th business day following the Expiration Date, or September 13, 2023. The Share Repurchase is conditioned upon, among other matters, the completion of the Tender Offer, which, in turn, is subject to certain conditions, including the receipt of financing. These transactions will be made under TriNet's $1 billion stock repurchase program increase announced on July 26, 2023.
Assuming that the conditions to the Tender Offer are satisfied or waived and the Tender Offer is fully subscribed, the Company would purchase 5,981,308 shares pursuant to the Tender Offer and 3,364,486 shares pursuant to the Share Repurchase for an aggregate of 9,345,794 shares, representing approximately 16% of the Company's outstanding shares as of July 27, 2023.
The Tender Offer and the Share Repurchase have been authorized and approved by the Company's Board of Directors, the Finance and Audit Committee of the Board of Directors and the members of the Board of Directors who are independent of Atairos. However, neither the Company nor any member of the Board of Directors has made, or is making, any recommendation to stockholders as to whether they should tender or refrain from tendering their shares. Stockholders must make their own decision as to whether to tender their shares and, if so, how many shares to tender. Stockholders are urged to discuss their decisions with their tax advisor, financial advisor and/or broker.
Certain Information Regarding the Tender Offer
The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares in the Tender Offer. TriNet has not yet commenced the Tender Offer described herein, and there can be no assurance that TriNet will commence the Tender Offer on the terms described in this press release. The Tender Offer will be made only pursuant to the Offer to Purchase and the related materials that the Company will file with the SEC, and will distribute to its stockholders, as they may be amended or supplemented, on the commencement date of the Tender Offer. Stockholders should read the Offer to Purchase and related materials carefully and in their entirety because they will contain important information, including the terms and conditions of the Tender Offer. When they are available, stockholders of the Company may obtain a free copy of the Tender Offer statement on Schedule TO, the Offer to Purchase and other documents that the Company will file with the SEC from the SEC's website at www.sec.gov. When they are available, stockholders also will be able to obtain a copy of these documents, without charge, from D.F. King & Co., Inc., toll free at (800) 431-9643. Stockholders are urged to carefully read all of those materials when they become available prior to making any decision with respect to the Tender Offer.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses with full-service industry-specific HR solutions, providing both professional employer organization and human resources information system services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most-growing their business and enabling their people.
Forward Looking Statements
This press release contains forward-looking statements that are based on TriNet's current expectations. Such statements include TriNet's plan to initiate the Tender Offer and ability to complete the Share Repurchase on the terms and timing described herein, or at all. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including investor demand, market conditions, customary closing conditions and other factors. There can be no assurance that TriNet will complete the Share Repurchase or initiate the Tender Offer. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect TriNet and its results is included in TriNet's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023 and June 30, 2023. TriNet does not assume any obligation to update the forward-looking information contained in this press release.
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SOURCE TriNet Group, Inc. | https://www.kwch.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ | 2023-07-31T12:38:56 | 1 | https://www.kwch.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ |
Report Outlines Company's Progress Toward Its Environmental, Social, and Governance (ESG) Goals
ST. LOUIS, July 31, 2023 /PRNewswire/ -- Global packaging leader TricorBraun today published its inaugural Sustainability report, outlining its progress toward its Environmental, Social, and Governance (ESG) goals.
"We are pleased to present our first-ever Sustainability Report, which brings to life our commitments to sustainable and ethical practices," said Court Carruthers, president and CEO, TricorBraun. "Our team is guided by the principle that we do things the right way always, and this naturally extends to our environmental, social, and governance (ESG) impacts—including helping our customers with their own ESG goals by offering sustainable packaging options while improving our own environmental footprint."
Key highlights from the report include these 2022 milestones:
- Reduced our carbon footprint and incorporated international operations into our Greenhouse Gas (GHG) Inventory
- Sourced renewable energy to further reduce negative climate impacts
- Piloted our first Zero-Waste program in multiple locations across North America
- Further protected our team members by creating a Warehousing Roundtable which emphasizes dock, forklift, and 5S safety programs
- Supported open communications channels that are accessible for all team members by relaunching the TricorBraun Ethics Hub to include additional languages, international access, and mobile reporting
- Established exclusive agreements to offer sustainable packaging options to customers in the US, Canada, and Europe
"The release of our first Sustainability report is a significant milestone as our team continues to work tirelessly in pursuit of achieving our ESG goals," said Susan Bergethon, SVP & general counsel, and leader of the Company's ESG strategy. "We are pleased with our progress to date, and we look forward to making continued progress toward our intentional ESG goals for the benefit of our team members, our customers, our business—and our planet."
To read the full report and learn more about TricorBraun's ESG goals, visit https://www.tricorbraun.com/about-us/esg-at-tricorbraun/2022-sustainability-report.html.
About TricorBraun
Founded in 1902, TricorBraun is a global packaging leader. We provide innovative solutions across a wide array of customer end markets in plastic, glass, and aluminum containers, closures, dispensers, tubes, and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. TricorBraun is comprised of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.
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SOURCE TricorBraun | https://www.wafb.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ | 2023-07-31T12:38:57 | 1 | https://www.wafb.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ |
Leveraging artificial intelligence, Mumbai-based IT services firm Yodaplus is catalyzing industry transformations, from nutraceuticals to retail, by streamlining business operations and boosting decision-making capabilities.
MUMBAI, India, July 31, 2023 /PRNewswire/ -- Yodaplus, a Mumbai-based IT services firm, is at the forefront of empowering organizations worldwide with advanced technological capabilities. Today, the company sheds light on the evolving global landscape of Artificial Intelligence (AI) and its growing adoption within its service portfolio.
With its wide range of services and deep industry knowledge, Yodaplus has been a game changer – enabling organizations to focus on their core operations and achieve sustainable growth. And now, by integrating AI into services, Yodaplus helps businesses navigate the complex digital transformation landscape more efficiently, creating a competitive edge.
AI continues to transform business operations globally, powering automation, analytics, decision-making, and enhancing user experiences. This ultimately delivers safer and more effective products to meet the growing global demand.
Yodaplus is known for its expansive roster of clients - from development banks and blockchain companies to EdTech startups and HRMS providers. With such a diverse clientele, embracing AI is more necessary than a choice, and Yodaplus has promptly addressed this need.
"As we navigate the digital age, the integration of AI into our service offerings has become an undeniable necessity," commented Vishrut Srivastava, MD, Yodaplus. "AI is here to stay, poised to make our lives more efficient and free mankind from the burden of mundane tasks. At Yodaplus, we are committed to embracing AI to drive growth and innovation for our clients while we continue to explore new horizons in this transformative technological landscape."
In line with this commitment, Yodaplus has developed an AI engine transforming the global nutraceutical supply chain. Addressing the complexities of generating differentiated nutraceutical label claims necessitates a well-mapped global database and the application of AI. To solve this problem, Yodaplus developed an AI-driven smart labels function via the NutrifyGenie AI engine.
NutrifyGenie uses sophisticated algorithms that facilitate simplified and precise decision-making, authenticating label claim validation and enabling real-time regulatory compliance. This feature provides users with pre-made labels, including correct dosage values for nutraceutical products, significantly expediting product development.
Enabling companies to effortlessly commercialize their innovations in essential markets fulfills the continuously increasing demand for nutraceutical products. As the nutraceutical industry continues to grow, Yodaplus's AI engine will play a crucial role in accelerating the new product development process and helping businesses bring innovative and differentiated products to market faster than ever before.
Not just that, the company has also recently deployed advanced invoice parsing for a retail giant. This smart solution facilitates operations by accurately extracting and collating relevant information from invoices, thus automating a previously laborious task. Furthermore, Yodaplus uses sophisticated AI tools to assist an asset management client in conducting comprehensive financial records analysis, rendering them outstanding financial decision-making capabilities.
About Yodaplus
An ever-evolving, highly specialized technology solutions company, Yodaplus offers an array of services designed to address the unique needs of businesses globally, extending beyond its Mumbai base to the US, UK, UAE, and Singapore. The company's mission, steered by MD Vishrut Srivastava, is dedicated to providing top-tier IT services and aims to propel businesses toward unprecedented growth and success. With this commitment, Yodaplus becomes your duly trusted tech partner.
For more information about Yodaplus, please visit www.yodaplus.com.
Press Contact:
Amit Pareek
Senior Marketing Manager
amitp@yodaplus.com
Photo: https://mma.prnewswire.com/media/2163861/Vishrut_Srivatava_MD_Yodaplus.jpg
Logo: https://mma.prnewswire.com/media/2144978/4185052/Yodaplus_Logo.jpg
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SOURCE Yodaplus Technologies | https://www.kait8.com/prnewswire/2023/07/31/yodaplus-shaping-future-industries-with-powerful-ai-integration/ | 2023-07-31T12:39:00 | 0 | https://www.kait8.com/prnewswire/2023/07/31/yodaplus-shaping-future-industries-with-powerful-ai-integration/ |
New dispensary delivers on brand promise of product quality and variety with convenient locations
TALLAHASSEE, Fla., July 31, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the relocation of a medical dispensary in Kissimmee, Fla. located at 2647 E. Irlo Bronson Memorial Hwy. The dispensary will be open 9AM – 8:30PM Monday through Saturday and 11AM – 8PM on Sunday.
"Trulieve is committed to offering our Florida patients a broad selection of convenient locations and top-quality products to choose from, while also providing for best-in-class customer service," said Trulieve's Chief Executive Officer Kim Rivers. "This new location delivers on that commitment and we will continue to seek new opportunities to better serve this community."
Trulieve invites the Kissimmee community to join in celebrating this new dispensary on Friday, August 4 with partner giveaways, music, food trucks, specials discounts and more, starting at 9 AM. Trulieve also offers statewide home delivery, convenient online ordering and in-store pickup. As always, all first-time guests are eligible for a 60% new customer discount at any Florida-based location.
Designed to meet every patient's needs, our portfolio of in-house brands includes Alchemy, Co2lors, Cultivar Collection, Modern Flower, Momenta, Muse, Roll One, Sweet Talk and Trekkers. Customers also have access to beloved brands such as Alien Labs, Bhang, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Old Hippie Stash, O.Pen, Seed Junky and Sunshine Cannabis, all available exclusively at Trulieve in Florida.
For more information, or to learn how to become a registered patient, please visit Trulieve.com and connect on Facebook, Instagram or Twitter.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with established hubs in the Northeast, Southeast, and Southwest, anchored by leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Investor Contact
Christine Hersey, Vice President of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Teresa Coulter, VancoreJones Communications
+1 (407) 808-6139
TCoulter@vancorejones.com
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SOURCE Trulieve Cannabis Corp. | https://www.kwch.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ | 2023-07-31T12:39:02 | 0 | https://www.kwch.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ |
Just one drink a day can raise blood pressure, study says
(CNN) - Regularly drinking alcohol, even in small amounts, could raise your blood pressure, even in adults without hypertension, according to a new study.
The study says as little as one alcoholic drink increased blood pressure in men and women, including those with no existing blood pressure issues or conditions related to alcohol.
Researchers looked at data from seven studies conducted around the world between 1997 and 2021 involving more than 19,000 adults.
The study found that even less than one drink a day produced a small rise in systolic pressure over an average of five years.
It also found that small amounts of alcohol also raised the lower, or diastolic, blood pressure reading, but only in men.
Copyright 2023 CNN Newsource. All rights reserved. | https://www.weau.com/2023/07/31/just-one-drink-day-can-raise-blood-pressure-study-says/ | 2023-07-31T12:39:03 | 0 | https://www.weau.com/2023/07/31/just-one-drink-day-can-raise-blood-pressure-study-says/ |
DUBLIN, Calif., July 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced its plan to launch a fixed price tender offer (the "Tender Offer") to repurchase approximately $640 million in value of shares of TriNet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on August 1, 2023. In addition, the Company signed a separate agreement on July 30, 2023 (the "Repurchase Agreement") to repurchase a minimum of approximately $360 million in value of shares from affiliates of its largest stockholder, Atairos Group, Inc. (collectively, "Atairos"). Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.
"Today is an exciting day for TriNet as we announce our intention to launch transactions to buy back $1 billion of TriNet stock," said Burton M. Goldfield, TriNet's President and CEO. "For some time, we have believed that TriNet's stock represents significant value, especially in light of our recent financial and operating performance. With our optimism around our long-term outlook, we believe now is a great time to take bold action around our capital structure."
"We have long valued Atairos' share ownership and Board of Directors participation," Goldfield continued. "As a part of these buybacks, Atairos intends to maintain its current approximate pro rata percentage ownership, but has also agreed to sell additional shares if our tender offer is undersubscribed, potentially reducing their ownership to no less than 30%. We welcome their continued ownership and Board participation."
"TriNet is a dynamic growth company with a proven business model and strong corporate cash flows," said Kelly Tuminelli, TriNet's Chief Financial Officer. "Through this action, we are using our financial resources to reduce TriNet's overall weighted average cost of capital. This is in line with our recently announced financial policy, while accreting long term value for all of our shareholders."
The Tender Offer will provide that the Company repurchase for cash up to 5,981,308 shares (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest. The Tender Offer is expected to commence on August 1, 2023 and expire at 12:00 midnight, New York City time, at the end of the day on August 28, 2023 (the "Expiration Date"), unless extended or terminated.
The Repurchase Agreement, which was executed on July 30, 2023, provides that TriNet will repurchase for cash a minimum of 3,364,486 shares (representing approximately $360 million in value of shares) from Atairos at the purchase price set forth in the Tender Offer, but not less than $107.00 per share (the "Atairos Commitment Amount"). Atairos beneficially owns 21,450,259 shares as of the date hereof (representing approximately 36% of the Company's outstanding shares as of July 27, 2023) and, assuming the full subscription of the Tender Offer, Atairos will continue to own approximately 36% of the Company's outstanding shares following the repurchase.
If the Tender Offer is not fully subscribed, but at least 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, Atairos has agreed to increase the number of shares to be sold to the Company under the Repurchase Agreement and will sell an additional number of shares equal to the difference between the number of shares offered to be repurchased pursuant to the Tender Offer and the number of shares actually repurchased in the Tender Offer such that the total share value of both transactions remains $1 billion; provided that such increase does not cause Atairos to beneficially own less than 33% of the Company's outstanding shares immediately following the closing of the Share Repurchase (taking into account the shares purchased in the Tender Offer), which percent may be further reduced to 30% at Atairos' sole discretion. If the Tender Offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the Tender Offer and, unless Atairos agrees to further reduce its ownership level, the Company will repurchase only the Atairos Commitment Amount from Atairos under the Repurchase Agreement.
The Share Repurchase is expected to close on the 11th business day following the Expiration Date, or September 13, 2023. The Share Repurchase is conditioned upon, among other matters, the completion of the Tender Offer, which, in turn, is subject to certain conditions, including the receipt of financing. These transactions will be made under TriNet's $1 billion stock repurchase program increase announced on July 26, 2023.
Assuming that the conditions to the Tender Offer are satisfied or waived and the Tender Offer is fully subscribed, the Company would purchase 5,981,308 shares pursuant to the Tender Offer and 3,364,486 shares pursuant to the Share Repurchase for an aggregate of 9,345,794 shares, representing approximately 16% of the Company's outstanding shares as of July 27, 2023.
The Tender Offer and the Share Repurchase have been authorized and approved by the Company's Board of Directors, the Finance and Audit Committee of the Board of Directors and the members of the Board of Directors who are independent of Atairos. However, neither the Company nor any member of the Board of Directors has made, or is making, any recommendation to stockholders as to whether they should tender or refrain from tendering their shares. Stockholders must make their own decision as to whether to tender their shares and, if so, how many shares to tender. Stockholders are urged to discuss their decisions with their tax advisor, financial advisor and/or broker.
Certain Information Regarding the Tender Offer
The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares in the Tender Offer. TriNet has not yet commenced the Tender Offer described herein, and there can be no assurance that TriNet will commence the Tender Offer on the terms described in this press release. The Tender Offer will be made only pursuant to the Offer to Purchase and the related materials that the Company will file with the SEC, and will distribute to its stockholders, as they may be amended or supplemented, on the commencement date of the Tender Offer. Stockholders should read the Offer to Purchase and related materials carefully and in their entirety because they will contain important information, including the terms and conditions of the Tender Offer. When they are available, stockholders of the Company may obtain a free copy of the Tender Offer statement on Schedule TO, the Offer to Purchase and other documents that the Company will file with the SEC from the SEC's website at www.sec.gov. When they are available, stockholders also will be able to obtain a copy of these documents, without charge, from D.F. King & Co., Inc., toll free at (800) 431-9643. Stockholders are urged to carefully read all of those materials when they become available prior to making any decision with respect to the Tender Offer.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses with full-service industry-specific HR solutions, providing both professional employer organization and human resources information system services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most-growing their business and enabling their people.
Forward Looking Statements
This press release contains forward-looking statements that are based on TriNet's current expectations. Such statements include TriNet's plan to initiate the Tender Offer and ability to complete the Share Repurchase on the terms and timing described herein, or at all. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including investor demand, market conditions, customary closing conditions and other factors. There can be no assurance that TriNet will complete the Share Repurchase or initiate the Tender Offer. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect TriNet and its results is included in TriNet's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023 and June 30, 2023. TriNet does not assume any obligation to update the forward-looking information contained in this press release.
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SOURCE TriNet Group, Inc. | https://www.wafb.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ | 2023-07-31T12:39:03 | 0 | https://www.wafb.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ |
SUV driver intentionally hit 6 migrant workers, police say
Published: Jul. 31, 2023 at 7:26 AM CDT|Updated: 12 minutes ago
LINCOLNTON, N.C. (AP) — Six migrant workers were intentionally hit by an SUV in a Walmart parking lot in North Carolina on Sunday, police said.
The workers were hit at a Walmart in Lincolnton in what appears to have been an intentional assault with a vehicle, but the Lincolnton Police Department said in a statement posted on social media that the driver’s motives are still under investigation. The workers were taken to a hospital with various injuries, but police said none of the injuries appear to be life-threatening.
Police are asking the public for help identifying the driver and the vehicle, described as an older model black sport utility vehicle with a luggage rack.
Copyright 2023 The Associated Press. All rights reserved. | https://www.weau.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ | 2023-07-31T12:39:04 | 1 | https://www.weau.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ |
BEIJING, July 31, 2023 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company") (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced the launch of its 36Kr Media Lab in Silicon Valley, an initiative to embrace the large language models (LLM) revolution taking place in the content creation industry and optimize the application of artificial intelligence (AI) for the new economy sector.
36Kr Silicon Valley Media Lab's first project leveraging LLM, "Empty Office," will experimentally explore scenarios where AI can think and work as humans, enhancing content production efficiency and reducing costs. Through "Empty Office," 36Kr is also building innovative media solutions that will transform traditional video, graphic and text communications into avant-garde dialogues between customized AI characters and audiences. These network-based dialogues will be naturally and seamlessly driven by real-time data generation, and available anytime, anywhere.
At the same time, 36Kr Silicon Valley Media Lab continues to focus on tailoring its LLM to the new economy sector. By utilizing dedicated financial and business datasets, including enterprises' financial results, news, market dynamics and knowledge repositories, among other resources, to train its LLM to thoroughly understand and analyze business information, 36Kr has developed a model that keenly grasps the business nuances to generate accurate analysis and interpretation. 36Kr Silicon Valley Media Lab constantly maintains its database, serving as the reference foundation to ensure that its fact-based model produces rigorous and up-to-date business and financial analysis.
Furthermore, 36Kr's professionally-training, fine-tuning capability enables its LLM-empowered "Empty Office" to quickly and efficiently create informative content for the new economy sector. For instance, in the case of a business event, such as a new product launch, an AI agent can instantly extract relevant data from the database, automatically perform a comprehensive analysis, and issue reports within just seconds. This top-speed response gives 36Kr's business and financial-focused media platform an unrivaled edge.
Mr. Dagang Feng, Co-chairman and CEO of 36Kr, commented, "The launch of 36Kr Silicon Valley Media Lab is a testament to our AI technology acumen and vision as well as our commitment to extending media's boundaries. By integrating pioneering AI technology into content creation, 36Kr will constantly elevate the efficiency and quality of content production alongside the rapid advancement of the LLM, fostering a superior content ecosystem encompassing business, finance and technology, further turbocharging the evolution of the New Economy. As we adopt and develop more AI tools amid the technology's rapid advancement, we are strategically positioning the Company to break new ground and ultimately drive long-term growth for our business."
About 36Kr Holdings Inc.
36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China's New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services, and subscription services, to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by a comprehensive database and strong data analytics capabilities. Through diverse service offerings and significant brand influence, the Company is well-positioned to continuously capture the high growth potential of China's New Economy.
For more information, please visit: http://ir.36kr.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goal and strategies; the Company's future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company's expectations regarding the use of proceeds from this offering; the Company's expectations regarding demand for, and market acceptance of, its services; the Company's ability to maintain and enhance its brand; the Company's ability to provide high-quality content in a timely manner to attract and retain users; the Company's ability to retain and hire quality in-house writers and editors; the Company's ability to maintain cooperation with third-party professional content providers; the Company's ability to maintain relationships with third-party platforms; general economic and business conditions in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 8965-0708
E-mail: ir@36kr.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com
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SOURCE 36Kr Holdings Inc. | https://www.weau.com/prnewswire/2023/07/31/36kr-launches-silicon-valley-media-lab-empower-content-ecosystem-with-llm-based-ai-technology/ | 2023-07-31T12:39:05 | 1 | https://www.weau.com/prnewswire/2023/07/31/36kr-launches-silicon-valley-media-lab-empower-content-ecosystem-with-llm-based-ai-technology/ |
The cutting-edge platform empowers B2B SaaS start-ups to reduce churn, increase upsell, and boost NRR
WILMINGTON, Del., July 31, 2023 /PRNewswire/ -- ZapScale, a new-age customer success platform, is making waves in the industry by offering an unrivalled one-day onboarding experience along with the ability to track 150 customer data points for a comprehensive 360-degree view of customer health. This ground-breaking feature sets ZapScale apart from its competitors.
The secret behind ZapScale's lightning-fast onboarding lies in its comprehensive toolkit. With a robust framework of 40 pre-built KPI-based health frameworks, 60 pre-designed playbooks to automate CS ops, and seamless native integrations with all popular tools, ZapScale empowers businesses to gain complete visibility over customer data. With deep customer health insights, ZapScale's customers have seen an improvement in retention and increase in upsell opportunities.
Manasij Ganguli, Founder and CEO of ZapScale, shares his personal motivation for creating this game-changing platform: "ZapScale was born out of my passion to empower B2B SaaS start-ups with an efficient and effective CS platform. Having faced numerous customer success challenges in my previous start-up, which I successfully sold in 2019, I realized the critical need for a solution that could streamline, optimize, and accelerate CS operations.
For small to mid-sized businesses that have limited time and resources, implementing a CS platform has historically been a daunting task, taking weeks, if not months, to set up essential elements like customer health, playbooks, and integrations. ZapScale has addressed this challenge by offering a user-friendly and efficient implementation process, eliminating waste of time and resources. Now, businesses can seamlessly focus on their customers right from day 1."
ZapScale eliminates the traditional barriers and time-consuming processes associated with implementing CS platforms using key in-built features that facilitate custom mapping, support custom fields, and require no unique key to integrate applications, ensuring a tailored yet quick integration experience.
ZapScale is swiftly gaining traction in the market, with 30+ global companies already using the customer success platform. Starting at $249 per month, with a one-month free trial, ZapScale is helping businesses significantly improve their customer success initiatives.
For more information about ZapScale and to schedule a demo, visit www.zapscale.com.
Contact:
Nikita Kalra
Marketing Head, ZapScale
nikita@zapscale.com
Logo: https://mma.prnewswire.com/media/2097823/ZS_Logo.jpg
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SOURCE ZapScale | https://www.kait8.com/prnewswire/2023/07/31/zapscale-sets-new-industry-standard-with-easiest-customer-success-platform-one-day-onboarding/ | 2023-07-31T12:39:07 | 1 | https://www.kait8.com/prnewswire/2023/07/31/zapscale-sets-new-industry-standard-with-easiest-customer-success-platform-one-day-onboarding/ |
This Launch Marks the Latest Expansion of the Brand's Complexion Offerings as it Doubles Down on The Skincare-Meets-Makeup Hybrid Category
NEW YORK, July 31, 2023 /PRNewswire/ -- TULA Skincare, the leading clinically proven probiotic extract powered skincare brand has announced the expansion of its complexion offerings to include concealer.
After learning that TULA's customers were looking for a skin brightening eye treatment along with a concealer, the brand created a state-of-the-art clean skincare-makeup hybrid that delivers skin-boosting benefits with high-performance medium-to-full coverage.
Available in a 20-shade range, the dermatologist-tested, Radiant Skin Brightening Serum Concealer is infused with TULA's unique Rainbow Seabright™ Elixir. This clinically-proven serum-like formula instantly conceals dark circles and discoloration for longwearing, crease-proof results, while brightening the appearance of skin over time. Additional ingredients include TULA's S6Pro Complex® - a US patent pending super six blend of prebiotics and probiotic extracts to help soothe skin, improve skin smoothness and maintain skin balance, along with eye peptides and tea leaf caffeine to help improve the look of dark circles, skin texture, and eye bags. The Radiant Skin Brightening Serum Concealer can be paired with the brand's Radiant Skin Brightening Serum Skin Tint or Filter Primer Blurring & Moisturizing Primer to help build one's complexion wardrobe, or spot conceal for a no-makeup, makeup look.
"Expanding our complexion category to include a concealer was a natural next step for us, especially knowing the strong desire our customers have had for an eye treatment with brightening benefits." said TULA Skincare CEO, Savannah Sachs. " We are excited to have another offering for our glow getters that will surely be a staple in their skincare and beauty routines."
To mark the launch, TULA will be executing a multi-channel launch campaign across its digital platform, and organic social, paid media, and influencer channels. Efforts will include launching a custom "shade finder" on tula.com to help customers find their perfect match concealer shade, highlighting content speaking to the "no-makeup, makeup" and makeup-skincare hybrid trends across TikTok and Instagram, and partnering with a curated set of influencers and providing them with an early access link exclusively for their followers to purchase the concealer prior to launch. In addition to tula.com, the concealer will launch in Ulta Beauty stores nationwide and online and will be featured in an upcoming issue of the Ulta Beauty Magazine, with in-store complexion events planned in the coming months in multiple doors.
TULA's Radiant Skin Brightening Serum Concealer will be available for purchase on July 31 on tula.com, and will retail for $32.
About TULA Skincare
TULA is a doctor-founded skincare brand built on clinically proven formulas powered by probiotic extracts. We believe that the same types of ingredients which are good for your body are also great for your skin. We focus on being healthy, not perfect and on empowering everyone to feel confident in their skin.
Media Contact: Zoe Jeans at Bux + Bewl Communications: zoe@buxandbewl.com
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SOURCE TULA Skincare | https://www.kwch.com/prnewswire/2023/07/31/tula-skincare-launches-new-radiant-skin-brightening-serum-concealer/ | 2023-07-31T12:39:09 | 1 | https://www.kwch.com/prnewswire/2023/07/31/tula-skincare-launches-new-radiant-skin-brightening-serum-concealer/ |
New dispensary delivers on brand promise of product quality and variety with convenient locations
TALLAHASSEE, Fla., July 31, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the relocation of a medical dispensary in Kissimmee, Fla. located at 2647 E. Irlo Bronson Memorial Hwy. The dispensary will be open 9AM – 8:30PM Monday through Saturday and 11AM – 8PM on Sunday.
"Trulieve is committed to offering our Florida patients a broad selection of convenient locations and top-quality products to choose from, while also providing for best-in-class customer service," said Trulieve's Chief Executive Officer Kim Rivers. "This new location delivers on that commitment and we will continue to seek new opportunities to better serve this community."
Trulieve invites the Kissimmee community to join in celebrating this new dispensary on Friday, August 4 with partner giveaways, music, food trucks, specials discounts and more, starting at 9 AM. Trulieve also offers statewide home delivery, convenient online ordering and in-store pickup. As always, all first-time guests are eligible for a 60% new customer discount at any Florida-based location.
Designed to meet every patient's needs, our portfolio of in-house brands includes Alchemy, Co2lors, Cultivar Collection, Modern Flower, Momenta, Muse, Roll One, Sweet Talk and Trekkers. Customers also have access to beloved brands such as Alien Labs, Bhang, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Old Hippie Stash, O.Pen, Seed Junky and Sunshine Cannabis, all available exclusively at Trulieve in Florida.
For more information, or to learn how to become a registered patient, please visit Trulieve.com and connect on Facebook, Instagram or Twitter.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with established hubs in the Northeast, Southeast, and Southwest, anchored by leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Investor Contact
Christine Hersey, Vice President of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Teresa Coulter, VancoreJones Communications
+1 (407) 808-6139
TCoulter@vancorejones.com
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SOURCE Trulieve Cannabis Corp. | https://www.wafb.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ | 2023-07-31T12:39:10 | 1 | https://www.wafb.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ |
ALHAMBRA, Calif., July 31, 2023 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: AMEH), a leading physician-centric, technology-powered healthcare company focused on enabling providers in the successful delivery of value-based care, today announced an agreement to partner with IntraCare, an operator of a value-based primary care provider network and primary care clinics located predominantly in Texas with a growing presence in Oklahoma.
Headquartered in the Dallas-Fort Worth metropolitan area of Texas, IntraCare is aligned with over 425 providers managing the care of over 40,000 members. Like ApolloMed, IntraCare is on a mission to build a thriving healthcare ecosystem that promotes successful, independent physicians, strengthens the patient-physician relationship, and improves patient satisfaction and healthcare outcomes through quality, compassionate coordinated care.
ApolloMed's partnership with IntraCare is poised to accelerate access to high-quality, value-based care for seniors in three areas. First, ApolloMed's ACO will partner with IntraCare's primary care providers as part of the ACO REACH program, an attribution-based risk-bearing model designed to advance health equity and bring the benefits of accountable care to Medicare beneficiaries in underserved communities. In addition, ApolloMed will deploy its value-based care platform as the exclusive care enablement partner for IntraCare providers participating in the ACO REACH program. Finally, to further IntraCare's mission and growth, ApolloMed will lend IntraCare a $25 million senior secured convertible promissory note maturing in 2028. Guggenheim Securities, LLC acted as financial advisor to IntraCare in connection with the transactions.
Brandon Sim, Co-CEO of ApolloMed, stated, "We have admired IntraCare's demonstrated track record of successfully empowering local independent primary care practices in Texas and Oklahoma, a strategy which is aligned with and complementary to our success in our core markets. With this partnership, we are excited to build upon IntraCare's momentum and partner with their providers in our ACO, continuing to scale our Care Partners business. We also look forward to bringing our Care Enablement platform to these providers and will work closely with IntraCare's leadership team in continuing to expand upon their historical success while exploring additional avenues for collaboration down the road."
Anwar Kazi, CEO of IntraCare, added, "We are thrilled to be partnering with ApolloMed, a company that is aligned with IntraCare in its mission of empowering providers in the successful delivery of value-based care. We believe that joining forces with ApolloMed will enable us to accelerate the growth of our business as we look to continue expanding our affiliate network and owned clinic footprint within our existing geographic presence in Texas and Oklahoma."
About Apollo Medical Holdings, Inc.
ApolloMed is a leading physician-centric, technology-powered, risk-bearing healthcare management company. Leveraging its proprietary end-to-end technology solutions, ApolloMed operates an integrated healthcare delivery platform that enables providers to successfully participate in value-based care arrangements, thus empowering them to deliver high quality care to patients in a cost-effective manner.
Headquartered in Alhambra, California, ApolloMed's subsidiaries and affiliates include management services organizations (MSOs), affiliated independent practice associations (IPAs), and entities participating in the Centers for Medicare & Medicaid Services Innovation Center (CMMI) innovation models. For more information, please visit www.apollomed.net.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as statements about the Company's operational focus and strategic growth plans and expectations regarding its ability to successfully partner with third parties. Forward-looking statements reflect current views with respect to future events and financial performance and therefore cannot be guaranteed. Such statements are based on the current expectations and certain assumptions of the Company's management, and some or all of such expectations and assumptions may not materialize or may vary significantly from actual results. Actual results may also vary materially from forward-looking statements due to risks, uncertainties and other factors, known and unknown, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission ("SEC"), including without limitation the risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC and any subsequent quarterly reports on Form 10-Q.
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations
(626) 943-6491
investors@apollomed.net
Carolyne Sohn, The Equity Group
(408) 538-4577
csohn@equityny.com
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SOURCE Apollo Medical Holdings, Inc. | https://www.weau.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ | 2023-07-31T12:39:11 | 1 | https://www.weau.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ |
Launch demonstrates companies' commitment to bringing complex generic medicines to the market to help increase patient access
PITTSBURGH and WOODBURY, Minn., July 31, 2023 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS), a global healthcare company, and Kindeva Drug Delivery L.P. today announced the launch of Breyna™ (budesonide and formoterol fumarate dihydrate) Inhalation Aerosol, the first generic version of AstraZeneca's Symbicort® with an Abbreviated New Drug Application (ANDA) approved by the U.S. Food and Drug Administration (FDA). Breyna, a drug-device combination product, is indicated for certain patients with asthma or chronic obstructive pulmonary disease (COPD) and will be immediately available in both 80 mcg/4.5 mcg and 160 mcg/4.5 mcg dosage strengths.
Viatris Head of North America Jose Cotarelo said: "We are excited to bring Breyna to the U.S. market for the many Americans living with asthma and COPD. This launch represents years of hard work breaking down barriers to access and builds upon our past successes of bringing other complex products to market as we continue to move up the value chain. Being the first to bring an FDA-approved generic version of Symbicort to patients is a true example of how access is the cornerstone of our mission to empower people worldwide to live healthier at every stage of life."
The indications for Breyna include asthma in patients six years of age and older, and the maintenance treatment of airflow obstruction and reducing exacerbations in patients with COPD, including chronic bronchitis and/or emphysema. Breyna is not indicated for the relief of acute bronchospasm. The 160 mcg/4.5 mcg is the only strength indicated for the treatment of COPD. COPD is a term used to describe a certain kind of chronic lung disease and is characterized by breathlessness; it affects more than 16 million Americans. Asthma causes swelling of the airways resulting in difficulty breathing, and approximately 25 million Americans have the chronic condition.
Milton Boyer, CEO of Kindeva Drug Delivery, added: "The launch of Breyna represents a significant milestone as it is the first FDA-approved generic version of Symbicort in the U.S., one of the most prescribed complex drug-device combination products to treat asthma and COPD. We are pleased for Viatris as well as the many Kindeva colleagues who have worked tirelessly to leverage our complex drug-delivery expertise for this important respiratory product — supporting a persistent need to continue bringing more quality medicines for asthma and COPD to patients."
To further expand access to Breyna, Viatris has established a copay program offered for eligible commercially-insured patients, which may help reduce out-of-pocket expenses on prescriptions to as little as $20 per 30-day supply. The program offers $30/month or up to $360 per year with 12 refills annually. The program will be available in August.
About Breyna
Breyna is indicated for the treatment of asthma in patients 6 years and older not adequately controlled on a long-term asthma-control medication such as an inhaled corticosteroid (ICS) or whose disease warrants initiation of treatment with both an ICS and long-acting beta2-adrenergic agonists (LABA). Breyna 160 mcg/4.5 mcg dosage is indicated for the maintenance treatment of airflow obstruction in patients with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema, and Breyna 160 mcg/4.5 mcg is also indicated to reduce exacerbations of COPD. Breyna is NOT indicated for the relief of acute bronchospasm.
Important Safety Information
Breyna is contraindicated in the primary treatment of status asthmaticus or other acute episode of asthma or COPD where intensive measures are required, and in hypersensitivity to any of the ingredients in Breyna. Use of long-acting beta2-adrenergic agonists (LABA) as monotherapy (without inhaled corticosteroids [ICS]) for asthma is associated with an increased risk of asthma-related death. Available data from controlled clinial trials also suggest that use of LABA as monotherapy increases the risk of asthma-related hospitalization in pediatric and adolescent patients. These findings are considered a class effect of LABA. When LABA are used in fixed dose combination with ICS, data from large clinical trials do not show a significant increase in the risk of serious asthma-related events (hospitalizations, intubations, death) compared to ICS alone. Breyna is NOT a rescue medication and does NOT replace fast-acting inhalers to treat acute symptoms. Breyna should not be initiated in patients during rapidly deteriorating episodes of asthma or COPD. Patients who are receiving Breyna should not use additional formoterol or other LABA for any reason. Localized infections of the mouth and pharynx with Candida albicans has occurred in patients treated with Breyna. Patients should rinse the mouth after inhalation of Breyna. Lower respiratory tract infections, including pneumonia, have been reported following the administration of ICS. Due to possible immunosuppression, potential worsening of infections could occur. A more serious or even fatal course of chickenpox or measles can occur in susceptible patients. It is possible that systemic corticosteroid effects such as hypercorticism and adrenal suppression may occur, particularly at higher doses. Particular care is needed for patients who are transferred from systemically active corticosteroids to ICS. Deaths due to adrenal insufficiency have occurred in asthmatic patients during and after transfer from systemic corticosteroids to less systemically available ICS. Caution should be exercised when considering administration of Breyna in patients on long-term ketoconazole and other known potent CYP3A4 inhibitors. As with other inhaled medications, paradoxical bronchospasm may occur with Breyna. Immediate hypersensitivity reactions may occur, as demonstrated by cases of urticaria, angioedema, rash, and bronchospasm. Excessive beta-adrenergic stimulation has been associated with central nervous system and cardiovascular effects. Breyna should be used with caution in patients with cardiovascular disorders especially coronary insufficiency, cardiac arrhythmias, and hypertension. Long-term use of ICS may result in a decrease in bone mineral density (BMD Assessment of BMD is recommended prior to initiating Breyna and periodically thereafter. ICS may result in a reduction in growth velocity when administered to pediatric patients. Glaucoma, increased intracolular pressure, and cataracts have been reported following the administration of ICS, including budesonide, a component of Breyna. Close monitoring for glaucoma and cataracts is warranted in patients with a change in vision or history of increased intraocular pressure. In rare cases, patients on ICS may present with systemic eosinophilic conditions. Breyna should be used with caution in patients with convulsive disorders, thyrotoxicosis, diabetes mellitus, ketoacidosis, and in patients who are unusually responsive to sympathomimetic amines. The most common adverse reactions ≥3% reported in asthma clinical trials included nasopharyngitis, headache, upper respiratory tract infection, pharyngolaryngeal pain, sinusitis, influenza, back pain, nasal congestion, stomach discomfort, vomiting, and oral candidiasis. The most common adverse reactions ≥3% reported in COPD clinical trials included nasopharyngitis, oral candidiasis, bronchitis, sinusitis, and upper respiratory tract infection. Breyna should be administered with caution to patients being treated with MAO inhibitors or tricyclic antidepressants, or within 2 weeks of discontinuation of such agents. Beta-blockers may not only block the pulmonary effect of beta-agonists, such as formoterol, but may produce severe bronchospasm in patients with asthma. ECG changes and/or hypokalemia associated with nonpotassium-sparing diuretics may worsen with concomitant beta-agonists. Use caution with the coadministration of Breyna.
About Viatris
Viatris Inc. (NASDAQ: VTRS) is a global healthcare company empowering people worldwide to live healthier at every stage of life. We provide access to medicines, advance sustainable operations, develop innovative solutions and leverage our collective expertise to connect more people to more products and services through our one-of-a-kind Global Healthcare Gateway®. Formed in November 2020, Viatris brings together scientific, manufacturing and distribution expertise with proven regulatory, medical and commercial capabilities to deliver high-quality medicines to patients in more than 165 countries and territories. Viatris' portfolio comprises more than 1,400 approved molecules across a wide range of therapeutic areas, spanning both non-communicable and infectious diseases, including globally recognized brands, complex generic and branded medicines, and a variety of over-the-counter consumer products. With more than 38,000 colleagues globally, Viatris is headquartered in the U.S., with global centers in Pittsburgh, Shanghai and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on Twitter at @ViatrisInc, LinkedIn and YouTube.
About Kindeva Drug Delivery
Kindeva Drug Delivery is a global contract development manufacturing organization focused on drug-device combination products. Kindeva Drug Delivery develops and manufactures products across a broad range of complex drug-delivery formats, including injectables (autoinjector, intradermal, microneedle), pulmonary & nasal, and transdermal patches. Its service offering spans early-stage feasibility through commercial scale drug product fill-finish, container closure system manufacturing, and drug-device product assembly. Kindeva Drug Delivery serves a global client base from its nine manufacturing and research and development facilities located in the U.S. and U.K. For more information, please visit www.kindevadd.com.
Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements." These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward looking statements may include statements that the launch of Breyna demonstrates the companies' commitment to bringing complex generic medicines to the market to help increase patient access; Breyna will be immediately available in both 80 mcg/4.5 mcg and 160 mcg/4.5 mcg dosage strengths; this launch represents years of hard work breaking down barriers to access and builds upon our past successes of bringing other complex products to market as we continue to move up the value chain; to further expand access to Breyna, Viatris has established a copay program offered for eligible commercially-insured patients, which may help reduce out-of-pocket expenses on prescriptions to as little as $20 per 30-day supply; and, the program will be available in August. Factors that could cause or contribute to such differences include, but are not limited to: the possibility that the Company may be unable to realize the intended benefits of, or achieve the intended goals or outlooks with respect to, its strategic initiatives; the possibility that the Company may be unable to achieve expected benefits, synergies and operating efficiencies in connection with acquisitions, divestitures, or its global restructuring program, within the expected timeframe or at all; impairment charges or other losses related to the divestiture or sale of businesses or assets; the Company's failure to achieve expected or targeted future financial and operating performance and results; the potential impact of public health outbreaks, epidemics and pandemics, including the ongoing challenges and uncertainties posed by COVID-19; actions and decisions of healthcare and pharmaceutical regulators; changes in healthcare and pharmaceutical laws and regulations in the U.S. and abroad; any regulatory, legal or other impediments to Viatris' ability to bring new products to market, including but not limited to "at-risk" launches; Viatris' or its partners' ability to develop, manufacture, and commercialize products; the scope, timing and outcome of any ongoing legal proceedings, and the impact of any such proceedings; any significant breach of data security or data privacy or disruptions to our information technology systems; risks associated with international operations; the ability to protect intellectual property and preserve intellectual property rights; changes in third-party relationships; the effect of any changes in Viatris' or its partners' customer and supplier relationships and customer purchasing patterns; the impacts of competition; changes in the economic and financial conditions of Viatris or its partners; uncertainties and matters beyond the control of management, including general economic conditions, inflation and exchange rates; failure to execute stock repurchases consistent with current expectations; stock price volatility; and the other risks described in Viatris' filings with the Securities and Exchange Commission (SEC). Viatris routinely uses its website as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). Viatris undertakes no obligation to update these statements for revisions or changes after the date of this release other than as required by law.
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SOURCE Viatris Inc. | https://www.kwch.com/prnewswire/2023/07/31/viatris-announces-launch-breyna-budesonide-formoterol-fumarate-dihydrate-inhalation-aerosol-first-fda-approved-generic-version-symbicort-people-with-asthma-chronic-obstructive-pulmonary-disease-partnership-with-kindeva/ | 2023-07-31T12:39:15 | 1 | https://www.kwch.com/prnewswire/2023/07/31/viatris-announces-launch-breyna-budesonide-formoterol-fumarate-dihydrate-inhalation-aerosol-first-fda-approved-generic-version-symbicort-people-with-asthma-chronic-obstructive-pulmonary-disease-partnership-with-kindeva/ |